What do you think of tokens that did not update their Bitcointalk thread

[boltz]

Some of us think bitcointalk is like a chat or the old mirc and the truth is that this is not the case. So if a thread does not get comments or updates that doesn't mean the project have issues and more likely the project don't believe that a forum can have a big impact for their project. So before jumping to conclusion you should check their website, cmc situation , social medias status and so on because like I said bitcointalk is no a chat system and let me ask you this , how about big projects that had hundreds of pages on their threads and then simply locked and move on ? You think they scammed someone ? No they simply moved on and left the thread with all the info to be public.

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[capcaypro]

That depends on their team, if the team is very active in the forum the bitcointalk thread will always be updated if there is progress but there are also many active teams in the telegram and it is very effective because many communities are now on the telegram channel.

[SyndicateLabs]

So normal, nothing is too serious if they don't update the information in bitcointalk. As long as the project is still active and making a product is enough

[bryant.coleman]

They just ran away with the money they raised. These scam project members reamain active till the last date of ICO and suddenly disappear. Most of them deleting their social media accounts and leaving any discussion they are involved in. They no more care about reputation or getting flagged. They have achieved what they want and would repeat the same with some new IDs, website and a modified whitepaper.

This is what happened in all probability. Getting flagged is not going to deter them, as many of them have junior accounts or newbie accounts here. Getting a red tag can be very depressing for someone with 2-3 years of experience here, at the level of Hero member or a Legendary member. But it is not going to matter for those guys who have at the most a few months experience here. Even if they care, they can purchase a high ranking account for BTC0.01 or even lower. Purchase of accounts is no longer permitted here, but you can find advertisements outside this forum.

So this is the modus operandi. First they will set up a website and create white paper. Most of the contents will be plagiarized from other projects (or they can spend some money to find someone who will do these for them). Then they will create an ANN thread here, once again plagiarizing much of the content. Either they will manage the bounty themselves, or they will find some junior level guy to do that. Once the ICO is over, they will vanish with all the money. A few weeks later, they will appear with a different project, and the process will go on.

[minairia3]

Depends actually. If they hired a moderator for their thread then I think good updates will be seen on their announcement thread but usually a social group like telegram is their prime hub since its easier to do an update there. Well I am looking also on the thread update but not pretty much depends on the person. But I think, updating some news also here in forum is a good communication for certain projects.

[negancoin]

Most of ICOs projects use bitcointalk in collecting money stage then they become inactive after that, because forums are not platform that suit companies in general. They start as team with no money that wants to create a product, after getting the money they start to act like a company using only social media that are more suitable. You pointed out that Bitcointalk topics always shows up in search engine like Google, but you forget one fact, those projects got all the money they need, to use paid advertising, so there is no need for free advertising anymore. It's like leaving your old girlfriend after becoming a rich guy. 

[Insomnia family]

related to this I think Bitcointalk Threads, telegram channels, social media channels and other channels that contain information about their projects are very important to review, but if the team & developers do not update information about project development or their tokens, that is the criteria for fraudulent projects or tokens rubbish.

[ivaf]

Perhaps this situation arises due to the lack of time or resources for the team to maintain the theme of the project on Bitcointalk in the actual state. In this case, if you support the project, worry about its development, you can contact the project team and become, for example, a moderator of their topic on the forum.

[nicecrypto]

They just ran away with the money they raised. These scam project members reamain active till the last date of ICO and suddenly disappear. Most of them deleting their social media accounts and leaving any discussion they are involved in. They no more care about reputation or getting flagged. They have achieved what they want and would repeat the same with some new IDs, website and a modified whitepaper.

That's not entirety true just because some project don't feel the need to update their bitcointalk ann thread don't mean they are scam, many successful project that have their announcement here on bitcointalk that are still doing well but hardly come back to update this forum,

once they have the audience they are looking for from here, all other subsequent updates are posted on their social media account, they only use bitcointalk for ann and get investors and supporters.

[plast555]

Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

Because they can use different platforms to communicate and provide information about new developments. This can vary both from project to project and from which country the project originates from. For example, Europeans and Westerners, in general, use telegrams while Easterners can use Wechat, Kakaotalk and be active there.

Likewise, some projects may choose to publish their progress via Github or Medium.

[rachman mahesa]

Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

Because they can use different platforms to communicate and provide information about new developments. This can vary both from project to project and from which country the project originates from. For example, Europeans and Westerners, in general, use telegrams while Easterners can use Wechat, Kakaotalk and be active there.

Likewise, some projects may choose to publish their progress via Github or Medium.

In essence, project updates do not have to go through the Bitcointalk Forum. For the initial introduction this forum might be the right place. But after everything passes, they will update that in various ways like you mentioned above. So, it is not wrong if the project does not update in this forum.

[Aldrinx00]

It's a good sign if they are still active on telegram, however they are missing something if they don't update their project here in bitcointalk. Because as you said people and investors used to check the forum to look for projects to invest and not updating their thread here is not a smart move.

[jaocoincrypto18]

Mostly they are busy that the community manager will not bother to update the ANN tread anymore and beside they could answer immediately all questions and information that will ask by the participants and hunters that is why they are required to join the telegram.

[bryant.coleman]

Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

That is not the right approach, because Bitcointalk is the largest cryptocurrency community out there, with millions of users from all around the world. Without advertising here in Bitcointalk, none of the projects will be able to attract investment for their ICOs. Therefore it is very necessary for the projects to constantly update their ANN thread. Most of them do that, but once the ICO is over, many of these threads become deactive.

This is why I have argued that whatever funds these projects attract must be held in third party escrow, until the milestones are completed. The funds can be released in installment as per the progress made by the project. This will make sure that the developers don't run away with the funds from the investors, and they are made answerable to the users.

[plast555]

Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

Because they can use different platforms to communicate and provide information about new developments. This can vary both from project to project and from which country the project originates from. For example, Europeans and Westerners, in general, use telegrams while Easterners can use Wechat, Kakaotalk and be active there.

Likewise, some projects may choose to publish their progress via Github or Medium.

In essence, project updates do not have to go through the Bitcointalk Forum. For the initial introduction this forum might be the right place. But after everything passes, they will update that in various ways like you mentioned above. So, it is not wrong if the project does not update in this forum.

Bitcointalk would be the first place for this or not. It would be absurd for us to get into such a situation. If any coin released does not necessarily have to enter Binance, it can promote it anywhere on any project. It doesn't matter if it's a bitcointalk or another platform as long as it uses social media accounts.

[Mianae]

It's scary but Ann thread isn't a determinant of project success provided such project has other outlets where they're actively communicating with their community its fine.

[ongkok87]

The most important thing for social media is they still provide performance updates and also the medium. because this is where many people can know what has been done by the teams. whether it can be said to be in accordance with what they promised back then or they were disappointing because it was not in accordance with the roadmap

[pooh95]

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

stopping communication with the community, I think it’s a bad signal, the team stops answering investors' questions, it’s just like raising funds without obligations

[target]

The only time these teams are going to be posting is when they need investors to come and fund them, right after that. Its your turn to come following them and wait until they reply to your inquiries. We've seen these teams almost begging for money but now you can't even see them post a guide on how to swap your tokens to their new contract.

[kodtycoon]

The most important thing for social media is they still provide performance updates and also the medium. because this is where many people can know what has been done by the teams. whether it can be said to be in accordance with what they promised back then or they were disappointing because it was not in accordance with the roadmap

yes updates on social media and also websites will be more important because basically when they do real work they will have updates that will be done, even though they are like forgetting their threads in this forum but when they are active on social media then that is a real proof it is likely that the project will continue to develop but it would be better to do an overall update so that it will get a better reputation