CNB token? (and personal girf from me)

[Mr.Who]

Coinsbit cryptocurrency exchange announced the release of its own platform coin - CNB token.

12 months after the IEO, the exchange agrees to start buying back tokens from those who want to sell them, which will be allocated 25% of the quarterly profit of the enterprise. However, after 6 months, tokens will begin to be accepted for payment of exchange services.

I know that only one exchange token is growing in price now. This is FTT. The rest are flying down

May be you know, that Coinsbit exchange airdrop is still alive.
You can receive $200 in CNB tokens if you will register with ref link and pass verification.
Tokens will be deposited immediately after verification passed.

I have a gift for everyone. The rules are easy:
- register exchange with my ref link (Look in profile in Location field)
- pass verification and receive $200
- provide you nickname on exchange (in this topic) and CNB address, if you're my referral I will send you 500 tokens ($50).

[firebird631]

As I excepted the exchange was down during the release, making impossible to sell them, and massive dump of 99% before service goes back, finally worth of 200$ are now 2$, well done ! Big scam to attract ppl on their exchange where there is a lot of ultra shit coins.

[watergold]

The current CNB price is only 26 sat so it is not possible estimation as you mentioned, Coinsbit did put on a  big airdrop before it even said the estimate was equivalent to $ 500 but it was real after opening a dump price of -99%, then who did the dump huh? in my opinion the exchange itself.

Like this you want to find a reference for you.

[ronaldo40]

The current CNB price is only 26 sat so it is not possible estimation as you mentioned, Coinsbit did put on a  big airdrop before it even said the estimate was equivalent to $ 500 but it was real after opening a dump price of -99%, then who did the dump huh? in my opinion the exchange itself.

Like this you want to find a reference for you.

why do you think that the exchange dumps their coin? as i know that every project that does this method it always the participant that dumps the coin.
because the participant just want quick money so dump the coins will be their solutions

[joseyphil82]

The exchange knows what they are doing, coinsbit did that huge airdrop to attract many new users, i have 5000+ cnb token and i suspect that after the huge drop the token will recover, moreover there is enough volume

[btcdie]

The current CNB price is only 26 sat so it is not possible estimation as you mentioned, Coinsbit did put on a  big airdrop before it even said the estimate was equivalent to $ 500 but it was real after opening a dump price of -99%, then who did the dump huh? in my opinion the exchange itself.

Like this you want to find a reference for you.

This is their game, you try to think clearly. The website cannot be accessed, citing news on their Twitter that there was a DDOS attack and that it will be fixed soon. and yaps at that time the price of the token was quite high, but the volume was very small, and what happens after the repair is finished there is no price at all, you say -99% is purely because people dump because of fear of declining prices. we'll see the development of this token in the next month. I currently only sell half of the tokens that I produce to anticipate the price of fear continues to decline.

[Winscosinally]

It's an exchange token, coinsbit is not a new exchange anymore so i expect good performance from the exchange token, those who are dumping now might be regretting later

[johnwest]

This has become a strategy of scammers to create an exchange, do marketing like anything, airdrop or make contests on trading and referrals, and then dump coins and exit. There is no reason to create another centralized exchange right now so I will suggest people not to fall for these. 

[Raflesia]

The current CNB price is only 26 sat so it is not possible estimation as you mentioned, Coinsbit did put on a  big airdrop before it even said the estimate was equivalent to $ 500 but it was real after opening a dump price of -99%, then who did the dump huh? in my opinion the exchange itself.

Like this you want to find a reference for you.

This is their game, you try to think clearly. The website cannot be accessed, citing news on their Twitter that there was a DDOS attack and that it will be fixed soon. and yaps at that time the price of the token was quite high, but the volume was very small, and what happens after the repair is finished there is no price at all, you say -99% is purely because people dump because of fear of declining prices. we'll see the development of this token in the next month. I currently only sell half of the tokens that I produce to anticipate the price of fear continues to decline.

What I am surprised at is when the price rises when the CNB token pump cannot be sold then after the token has dropped more than -99% the token can be sold well is this a game from the Coinsbit exchange or is it still in a fault condition? question mark for me?

[jessyj48]

I got 500$ worth of cnb token unfortunately the price drop drastically , now it worth less than 10$, maybe when every dumpers dump their token price will start recovering

[tianglistrik]

the current price is really bad even though they just launched today, I didn't follow this airdrop but in the crypto community many talked about it. I am not sure that I will be able to get good enough results, plus I have to verify KYC which makes me think again even though KYC is used for verification in the country.

[tenakha]

It's an exchange token, coinsbit is not a new exchange anymore so i expect good performance from the exchange token, those who are dumping now might be regretting later

If you have time, search about coinsbit in Scam accusation section.
https://bitcointalk.org/index.php?topic=5195285.0
https://bitcointalk.org/index.php?topic=5146438.0
https://bitcointalk.org/index.php?topic=5192497.0

[Bananington]

Coinsbit cryptocurrency exchange announced the release of its own platform coin - CNB token.

12 months after the IEO, the exchange agrees to start buying back tokens from those who want to sell them, which will be allocated 25% of the quarterly profit of the enterprise. However, after 6 months, tokens will begin to be accepted for payment of exchange services.

I know that only one exchange token is growing in price now. This is FTT. The rest are flying down

May be you know, that Coinsbit exchange airdrop is still alive.
You can receive $200 in CNB tokens if you will register with ref link and pass verification.
Tokens will be deposited immediately after verification passed.

I have a gift for everyone. The rules are easy:
- register exchange with my ref link (Look in profile in Location field)
- pass verification and receive $200
- provide you nickname on exchange (in this topic) and CNB address, if you're my referral I will send you 500 tokens ($50).

This looks more like and ad / giveaway thread which to me is a wrong section for this (saying you will give back 500 tokens if people register with your link). However, CNB dumped massively and they blame it on airdrop receivers. Well, I didn't participate so I won't be so sure if the airdrop receivers can already trade it.

[desticy]

It is the expected result, I'm sure someone managed to sell at a good price, although judging by the volumes of such people there could be only a few. In any case, a dump was inevitable, because a huge number of people took part in the airdrop. What will happen next with the price? Nothing good, because many will not sell now at the current such low price, which means they will do it at any price increase without letting the price of the token grow globally.

[Stanlo]

It is the expected result, I'm sure someone managed to sell at a good price, although judging by the volumes of such people there could be only a few. In any case, a dump was inevitable, because a huge number of people took part in the airdrop. What will happen next with the price? Nothing good, because many will not sell now at the current such low price, which means they will do it at any price increase without letting the price of the token grow globally.

So it's better for the dumpers to keep dumping until we have real holders left? Many believe the price will never recover because they fail to see any potential of the token, it's going to take a long time for the token to recover in value then

[Ezravdb]

Coinsbit is an exchange of scammers, there are several threads about coinsbit fraud charges. exactly today they launched the CNB trade for the first time. Look at the price of CNB dumped by the developer to get money. I think the coinsbit team has succeeded in deceiving thousands of people in the airdrop . be careful with them friends.

[alan2here]

Coinsbit is an exchange of scammers, there are several threads about coinsbit fraud charges. exactly today they launched the CNB trade for the first time. Look at the price of CNB dumped by the developer to get money. I think the coinsbit team has succeeded in deceiving thousands of people in the airdrop . be careful with them friends.

Yesterday, no one was able to trade CNB, and when things went well, there weren't any investors who were willing to risk investing because all the trading volume here was fake. I think you should stay away from this exchange because it is an untrustworthy exchange that can cause you to lose money at any time.

I have several friends who are also trading here and during the trading period they feel very angry because the exchange does not meet their needs.

[Aabcde]

The price of $ 500 for 5000 CNB seems a bit impossible because there are many users who follow the airdrop. Moreover, they hope the price will be appropriate, it is not possible for CNB in the beginning. I think, like other exchange-owned coins, it will slowly improve and look more useful.
I am very sure that CNB is the life of its exchange, so developers will definitely do their best to make CNB good and usable.

[pikkie]

The price of $ 500 for 5000 CNB seems a bit impossible because there are many users who follow the airdrop. Moreover, they hope the price will be appropriate, it is not possible for CNB in the beginning. I think, like other exchange-owned coins, it will slowly improve and look more useful.
I am very sure that CNB is the life of its exchange, so developers will definitely do their best to make CNB good and usable.

I think as long as Coinsbit can have a good development and can make the exchange place more developed and interested by many traders then that will be possible, just like other places of exchange when launching tokens or coins for the platform, the price will certainly collapse but after that the price will rise back.

[globegood]

Yes, my account has tens of thousands of CNB tokens, and team members are still entering, but this morning, the tokens that failed KYC have returned to 0.