Making Cov-19 as excuses

[SistaFista]

Lol, they are useless. Even if there was no covid-19 pandemic, they would use another excuses to scam peoples.
Too many shit coin running crypto project, and resulting trust damage from honest investors to cryptocurrency, sad.

[1714466588]

1714466588

[NavI_027]

Lol, they are useless. Even if there was no covid-19 pandemic, they would use another excuses to scam peoples.
Too many shit coin running crypto project, and resulting trust damage from honest investors to cryptocurrency, sad.

You got a point, projects sprouting these days seems not worth of our effort and time. Though I'm not directly affected by this since I just stick to bitcoin (now you know why) and well known alts, I can't help myself to feel sad because the stigma left to deceived investors or people who heard such bad news remains. Thus resulting to bad impression to the concept of crypto. Those fraudsters are the real enemies, they are a big hindrance for us to get even more adopters . However, I believe that there are still good projects existing. It is just so happened that bad ones outnumbered them.

[litepool.ru]

Lol, they are useless. Even if there was no covid-19 pandemic, they would use another excuses to scam peoples.
Too many shit coin running crypto project, and resulting trust damage from honest investors to cryptocurrency, sad.

You are absolutely right, mate. Without the Covid-19 epidemic, I believe they will use other reasons to become a scam in this market. In 2020 I saw too many projects getting scammed, and blockburn was one of them. This project became a scam shortly after the end of IEO and they took the disease reasons to delay the development of the project.

[minairia3]

Lol, they are useless. Even if there was no covid-19 pandemic, they would use another excuses to scam peoples.
Too many shit coin running crypto project, and resulting trust damage from honest investors to cryptocurrency, sad.

That's partly true but we cant speculate that some projects arent affected by covid right? I know some of them making this as an excuse but we should consider also that this covid19 really affects the market and even new projects are having a hard time to caught up with their timeline. Im not saying all are like this, but other project that are good are moving forward. Maybe it depends on how the team handle the situation.

How many percentage do you think projects that are reason for delay of their launching will says due to covid I think we can reach more than 90% estimation. After this, we will know if they are really just making an excuse or really been affected.

[Iyanu14]

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

Definitely, some unserious team of projects will want to hide behind the pandemic as a cover up for their weaknesses.  When several people were saying it was the virus that caused the fall in the prices of coins.  This was proved wrong when the market began to gain momentum again even amidst the increase in the number of positive cases across the globe.  So, no serious team should use this period as an excuse if they have some thing good to offer.

[kayvie]

I highly disagree with you. We all know that this pandemic is really dangerous, even if you think that it has nothing to do with the projects, I still believe that it really does. There are some reasons that we should realize and understand at this point. Some of their members might have the virus or even worse than that. Don't think that this is an excuse because everyone is really affected and we all know it.

[pakhitheboss]

Corona virus doesn't put a stop on incoming project, buy the Corona virus can reduce the amount of investors and also reduce the amount the investors are investing, the virus is fast eaten into countless economies like a plaque.
It would be a hard time for new projects

Actually it will not be difficult if the team knows the way, because in an age that is completely sophisticated, everyone can communicate remotely and do work online both investing and other things, this will certainly always be preserved from the name of the corona virus, Moreover, everyone already knows how to deal with it.

Actually in situation like the one we are in people tend to hold on to thier fiat currency as it can be used to purchase food and other necessary things. People tend not to invest their money in anything and also cash out from investment. The same thing is happening now.

[BlackFor3st]

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 cannot fully agree with you because even a genuine project will have a difficulty in these time of crisis where covid-19 is present as most of the investors are affected with the situation and some of them are force to use investment money in buying foods just to survive the lock down if in case their country imposes it. Aside from covid-19, the market also crashes pretty hard and as you can see the effect to it to the project owner is pretty bad because most of the investors will likely to play safe in this market condition and investing to the newly project will not be their top priority.

Many projects are struggling in this kind of market condition so I cannot blame those genuine project that are making some excuses in this time of crisis but for projects who were able to become successful in this type of market condition, I salute to them.

[tbterryboy]

In an individual effort I would totally understand that some people may not really believe, that is understandable, however there is a fact that if you look at it generally, like ALL projects, there must be some that got affected. Maybe it is not something huge, maybe it is not big of a deal for some people, however at the end of the day if there is a project that got affected by it, we could be understanding of it.

This is not individual, these people might be basically all scammers, or maybe they are telling the truth, I wouldn't know, I am talking about in general and saying corona is actually a decent reason for projects to come to a halt, there are so many companies in the world that are not working right now, so it is only normal for projects to stop as well.

[jrrsparkles]

People need money to invest, but most of the people out there are facing more serious issue financially due to lockdown and oil price and stock price crisis so how can we expect people to invest on a new project.And if a project wants to postpone then that is the right thing should be done to avoid the project from total failure.

It is a major concern globally with the events going on but the success of a project depends upon huge investment from financial sectors rather than individual investors in my opinion, initially we used to see investments from individual whales but now the success of the project depends upon how well the developers are able to attract angel investors and that said if there is a financial crisis you cannot expect any investment either.

whales rarely invest on new projects IMHO, they only aim for the tokens which re available for cheap price so they can pump it and will trap the newbies.However individual or companies will not invest their money when they are already in an uncertain situation so legit projects better hold until the economic condition back into normal.

[bitcoin31]

Yes it is not a good reason for delay or any bad happens on the project because we are in the online world and we are not affected of the pandemic.

Don't make excuses te fail of the project to the covid19 because even we are in the situation like this if a project are potential it can become successful what ever happens to the world even we have pandemic maybe the project are not potential or the team are lazy.

[zero714309]

You're right there are a lot of projects making weird reasons. Personally, I prefer projects that run according to the roadmap that mean team can be trusted. But that doesn't mean all Project make excuse for bad things,sometimes planning cannot go as expected. It all depends on project how to make investors feel not fooled.

[Japinat]

You're right there are a lot of projects making weird reasons. Personally, I prefer projects that run according to the roadmap that mean team can be trusted. But that doesn't mean all Project make excuse for bad things,sometimes planning cannot go as expected. It all depends on project how to make investors feel not fooled.

It's not really good to do business at the moment, or develop it, unless the project is already working or running.

The fact that there's a lot of scammers in the crypto world, it's expected that they will use the pandemic as an excuse for their failure, that's  why it's important for us to know the people behind the project so we can go after them through the authority in case they mess up.

[zero714309]

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.

Since 2018 I think more and more projects have made many reasons to fool investors and during the pandemic this has gotten worse but at least we can know which projects are good quality or just playing with investor money.

[Santri]

yes I also see some projects making this a reason, I am also not sure if everything has ended they will go back to work, or maybe the investor's money has been spent by the team during the lockdown period

[DrawAthens031]

This excuse is becoming common this days kind a hot cake . But keep in mind a good projects doesn;t care about any excuses ,bcz its team work and dedication are high enough 
to go with any obstacle / pandemic  . If a project is good and acceptable for investing people will interesting for such project they'd still success no matter what happen around . For hard economic crisis excuses are not required in reality we need to work hard to overcome these kind of  economic crises. It is unreasonable to make this pandemic an excuse for a failed one we don't belive that bcz crypto and covid-19 are two different things .
 

[Shallow]

This is true and comes from all angles, that is, while most projects are using it as an excuse to delay launching some are slowing down on their developments while using it as an excuse as well. But on the other hand, the funny thing is, while most are busy giving excuses others are busy working on improving and bringing more features which will keep attracting users to their platforms. Most projects are already bringing in their working products while some are getting listed on different exchanges and the list goes on. I think with this situation, it has opened up and shown the most serious projects with serious team and the projects whose team only cares for themselves.

[amos77978]

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 participated in a project "prepayway" which was supposed to go on exchange as at April.. but they used the covid19 pandemic as an excuse not to list their token.. and since then theyve been zero update from the team... now I'm wondering if the project team has done an exit scam on investors and hunters

[MikeyVeez]

I also do not understand why they justify the delay by the fact that the coronavirus is present in the world. It doesn´t make any sense. We live in the 21st century, most of the online projects, shops, companies do not even have any physical place, they can work completely online. So this is not an explanation. 

[GelsoAM]

I can agree with you. Projects tends to postpone their ICOs because of the pandemic. Which one reason is it's a scam. Because more people will be interested on investing on a ICO. "But why would you postpone the ICO if a lot of people will be investing?" Good question. The answer is just simply more people who are experienced in investing in this kinds will know if they are a scam. But this just a speculation of course. Maybe the project isn't ready because they lack man power.