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Author Topic: Making Cov-19 as excuses  (Read 1067 times)
Greatchu (OP)
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April 22, 2020, 04:48:07 PM
 #1

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

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tycsols
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April 22, 2020, 05:03:28 PM
 #2

Yeah i agree with your point and i would add to it that due to this pandemic and lockdowns everywhere the exposure of all these projects have increased now because everyone is staying at home and is online all day so this is rather good time for new projects to display and prove themselves.

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April 22, 2020, 05:25:25 PM
 #3

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

If it's really a good quality project I might invest but not as big amount that I used to invest when the situation is still ok we are in pandemic and people do not have jobs or cannot do business and they are still spending their saving and if the project is really that good the developers will launch a crowdfunding when everybody can invest not at this point in time.

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April 22, 2020, 05:54:15 PM
 #4

Launching amidst a pandemic might not be easy but it's doable. We won't care about any project that prospone it's launching because of pandemic. At least we know some good project already.

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April 22, 2020, 06:02:25 PM
 #5

Launching amidst a pandemic might not be easy but it's doable. We won't care about any project that prospone it's launching because of pandemic. At least we know some good project already.
Everything crypto runs on the blockchain, I don't see the reason why you have to come together in a room to build projects, this is the best time to launch a project because many new investors are at home

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April 22, 2020, 06:07:05 PM
 #6

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

May not be true for every project. Covid-19 has done more damage than expected and the entire world is going through a very uncertain time. A business idea that may sound great before Covid time, may not sound good enough post that. It's just not right to generalize things!

Also it's hard to find a good project worth talking nowadays!

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April 22, 2020, 06:27:12 PM
 #7

People are on lockdown now and I think it's a very good time to launch new project, you can easily raise fund successfully on exchange this days, people are looking for ways to make money and IEO will see new wave of people

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April 22, 2020, 06:40:09 PM
 #8

Which project are you exactly pointing at? Personally i have not seen anything like this, although i agree with you if some project is playing delaying tactics then it is wrong because all the projects and services are online and working normally even after covid19 and i think there is more need of online services nowadays than before.

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April 22, 2020, 06:41:13 PM
 #9

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

I do not totally agree with this, well there is still some sense here. Many projects will want to launch when people's minds are not perturbed, right now COVID19 is causing economic crisis, hence will reduce target investors probably, unless maybe their IEO is done on top exchanges like Binance. Do you think if projects for instance have a product to showcase, they will get enough funding for such product in this Corona Era? The answer is no, times are hard. Talking about team working from home, yes crypto projects do not necessarily need team members working in an office, but if there is need maybe running a mining facility, how then do they work from home? This is just my point of view.
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April 22, 2020, 06:44:42 PM
 #10

Well a lot of already failing projects are already using coronavirus as an excuse for their pair performance.

Before this they said that we're in a bear market hence why they're failing on exchanges or haven't launched a product.

Before that they said they're waiting for listing on a top 10 exchange (which isn't happening).

Any project that starts making excuses like this is practically dead on its feet, get your money out at the first hint of failure and you'll cut your losses short.
20kevin20
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April 22, 2020, 06:57:07 PM
 #11

Bit of a difference between using COVID-19 as a way to scam/take advantage of others and using it as an excuse to put your project on hold for a bit.

I doubt the serious projects (I'm excluding shitcoins from the start) that are being placed on hold are lying. Projects need a team and every member has a personal situation and a family. Therefore, each member may have their own, personal or financial problem. I would not jump straight to conclusions.
Mianae
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April 22, 2020, 07:15:16 PM
 #12

You're right as most projects that I've followed for a while now keep using the pandemic as an excuse why their price is so low. Investors are disappointed with many of these projects. The pandemic shouldn't be an excuse development should continue, they can hire remote staffs to fast track development.
Winscosinally
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April 22, 2020, 07:22:53 PM
 #13

Many projects have use bear market conditions to make stupid excuses about the failure of their projects in the past and using covid 19 is just the same, in bear times some projects still stand up and give the best shot
cytpoway121
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April 22, 2020, 08:30:19 PM
 #14

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

It should not be this way, because not every team has the financial might to launch an ieo on binance, so Crowdfunding can be delayed.

The project's that cannot be spared excuses are projects with successful ieos, who still refuse to list their product
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April 22, 2020, 08:36:01 PM
 #15

Many projects have use bear market conditions to make stupid excuses about the failure of their projects in the past and using covid 19 is just the same, in bear times some projects still stand up and give the best shot
If the team behind the project is really capable of their task, the project will still come out a successful one even if there is a pandemic outbreak. But unfortunately, most of the projects today that are failing are making use of covid 19 as an excuse and for me, it's very unreasonable. Because there are still few projects in the market that became successful even the rest of the projects are now becoming weak.

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April 22, 2020, 08:37:42 PM
 #16

You're right as most projects that I've followed for a while now keep using the pandemic as an excuse why their price is so low. Investors are disappointed with many of these projects. The pandemic shouldn't be an excuse development should continue, they can hire remote staffs to fast track development.
Now many projects continue to make corona as one of the reasons for the late development of the crypto project whereas if we look at the effects of the corona outbreak it does not really affect crypto because if the team is really focused on developing the project they can of course continue to work from home online as well as conducting video conferences with their project partners so there is no need for direct meetings to promote the projects.

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Firefoxx
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April 22, 2020, 09:00:32 PM
 #17

You are absolutely right, they didn't use covid during token sells and bounty, it's during launch they are bringing up different excuses. I do not even believe them for one bit, this virus shouldn't stop nor prevent them from listing thier coins so let's not be fooled. Thank you for this great observations.

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April 23, 2020, 01:08:17 AM
 #18

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team

on the contrary, I believe there is a whol lot with the COVID-19 that connects to projects and its fundraising. There is financial crisis globally and investors are trying to consider the funds in their pockets are the only controllable resources they have and as such cannot dispose it as they cannot foretell the out come of the financial sectoor after the whole corona virus pandemic. and this i believe has a great effect on startups

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April 23, 2020, 03:10:49 AM
 #19

Yeah i agree with your point and i would add to it that due to this pandemic and lockdowns everywhere the exposure of all these projects have increased now because everyone is staying at home and is online all day so this is rather good time for new projects to display and prove themselves.


most people think of personal and family needs rather than taking high risks to invest in ICO or IEO. Have you ever invested in an IEO or ICO project during the Corona pandemic?
don't make conclusions too much.
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April 23, 2020, 03:24:38 AM
 #20

Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
Some IEOs have been launched successfully without any problem that caused by this pandemic. That's only a trick by the developers to give a delay to the launch of project. That means it has no strong fundamental to attract the users, traders or even investors.
I do agree about the bad team will have a very bad fundamental to the project.
corona virus is not giving a huge impact to the crypto caused by anything in crypto can be done online.

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