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Author Topic: Beware of lying project team  (Read 906 times)
kaneki007
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April 30, 2020, 11:08:19 AM
 #61

Sometimes some exchanges tell if a tokens/coins will be listed in the near future while the project has announced or plans to list on the major exchange since they finished launching ICO/IEO. I take the example of hitbtc, the exchange tells if it will list tokens/coins in the next few days after the project team announces it on their channel/social media.

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Crypto_lion
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April 30, 2020, 11:55:40 AM
 #62

Obvious as it may sound the most important person when you invest in a project are the people who will be executing the visik and spend the money.so be extremely cautious.

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April 30, 2020, 01:12:48 PM
 #63

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Some exchanges have committed, to listing a project in their IEO that is to help the project gain momentum in their crowdfunding, some exchange has a nondisclosure, and some exchange is all out to help the project, the success of the project is also the success of the exchange.
Be sure to confirm that they are going to be listed some project use exchanges to deceive investors.

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April 30, 2020, 01:30:34 PM
 #64

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
that is one way or project strategy now, you have to really understand about it if you want to invest there, everything has to be learned,
about their tokens and what their vision is going forward, good luck

TheICE007
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April 30, 2020, 02:49:09 PM
 #65

This is a fact, most times when you see a project claiming they will list in binance or the likes of them,then just know they are Upto something else,this when you really need to carry out some research to know if it's the truth or not and go find out other things which might be false that they have promised just to attract investors.

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pikkie
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April 30, 2020, 02:58:16 PM
 #66

This is a fact, most times when you see a project claiming they will list in binance or the likes of them,then just know they are Upto something else,this when you really need to carry out some research to know if it's the truth or not and go find out other things which might be false that they have promised just to attract investors.
for experienced traders and investors they will understand that it is only an uncertain plan because all scammers already know that a Binance exchange place that has a good reputation and can be trusted by many people to be able to raise the price of coins when registered at the Binance exchange so many use the name Binance to influence new traders.
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April 30, 2020, 03:06:01 PM
 #67

Official announcement is very very important in crypto space, if any project claimed they are going binance or huobi just wait it out and to go Twitter account of binance to check, the binance team will announce the same news, if you don't see anything like that on their Twitter it's a lie

fortunecrypto
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April 30, 2020, 03:10:03 PM
 #68

This is a fact, most times when you see a project claiming they will list in binance or the likes of them,then just know they are Upto something else,this when you really need to carry out some research to know if it's the truth or not and go find out other things which might be false that they have promised just to attract investors.
All exchanges has a support system, if you are interested to invest in a project and they announced that they are going to be listed in a particular exchange, better send a ticket to that exchanges to make a clarification if the project will be listed, trust is very important if you are going to trust them they should be honest and transparent.

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April 30, 2020, 03:18:46 PM
 #69

Most of the projects are doing that to attract more people to support their project and another way to know if their announcement is legit or not it is better to wait for the official announcement of the exchange through their social media and any other channel to determine the legitimacy the announcement of the project.
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April 30, 2020, 04:02:38 PM
 #70

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
I agree with you, in fact I see some projects posted on their website that they will list on Biance, but the result is a trick to attract less knowledgeable investors.

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April 30, 2020, 04:52:57 PM
 #71

The project may say that and if you are an investor, you shouldn't believe that right away. Because if it's just words without clear action or evidence then all is just bullshit
minairia3
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April 30, 2020, 04:56:32 PM
 #72

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Dont believe them when they say they will be listed. Those are opportunist people. How come that they are so plainly vulgar that they will be listed? Any project can say that anf the truth is they will never be.

People nowadays are easily attracted to these scheme. Isnt it much better if they can wait the official listing? Hate those freaking scammers. Using top exchanges to lure newbie investors. Today no one seems to be trusted in cryptoworld so beware.

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April 30, 2020, 06:03:58 PM
 #73

I think if a project like this is deliberately to attract investors in order to get a big profit. indeed we should if we want to become investors must be more careful and not be fooled

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April 30, 2020, 06:08:36 PM
 #74

The project may say that and if you are an investor, you shouldn't believe that right away. Because if it's just words without clear action or evidence then all is just bullshit

Listing announcements prior to listing is not entirely bad, unless the team lied about it. For a team with good strategy and planning, i think the best way to put it is "we will be listing in a top exchange" without mentioning the name of the exchange since some exchanges do not permit disclosure before listing. This pre announcement can even create hype around the coin, hence boosting price.
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April 30, 2020, 08:15:12 PM
 #75

Usually majority of the top exchange don't disclose listing of any project until it happens. So if any project is using listing on a top exchange as a marketing means then it's easy to learn that it's fake and such project should not be considered a serious one.
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April 30, 2020, 08:31:31 PM
 #76

Yeah, another project that shouldn´t be trusted because they scammed their bounty participants is - BlockBurn. I do not understand how project could continue when they deceive own community  Roll Eyes.

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April 30, 2020, 08:33:48 PM
 #77

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
If they are listed at big exchanges like Binance, OKex ... then I think they have to keep it a secret until official notice from the exchange. They are not allowed to disclose it because it will cause the price of the token to be manipulated. That is the rule of large exchanges in listing

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April 30, 2020, 08:48:14 PM
 #78

Yeah, another project that shouldn´t be trusted because they scammed their bounty participants is - BlockBurn. I do not understand how project could continue when they deceive own community  Roll Eyes.
Why do you think it's a reliable project? They are just a small project and implement IEO in a small exchange Chainx. And I was not too surprised when they scammer bounty, the project manager was a stingy and despised bounty hunter in the early days. And now their project is dead because all developers have left this project

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May 01, 2020, 06:10:37 AM
 #79

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

We must really be wise before believing on such claims from projects because it is obviously some of their tactics or strategies to caught the attention and interest of the potential investors and bounty hunters to get into their project. Do not be easily deceive on those words. Better to see it right after the project promotion because proof will speak for itself and then that will be the time you must believe on its authenticity. Claims are just plain words to attract people. It is still the best to see it right before your eyes that they are already listed on a top exchange before you believe on such claims. If project developers are getting wise on announcing that their token will be listed on a top exchange, then be a wiser individual not to easily believe on such claims until such it was already proven true.
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May 01, 2020, 06:22:43 AM
 #80

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

We must really be wise before believing on such claims from projects because it is obviously some of their tactics or strategies to caught the attention and interest of the potential investors and bounty hunters to get into their project. Do not be easily deceive on those words. Better to see it right after the project promotion because proof will speak for itself and then that will be the time you must believe on its authenticity. Claims are just plain words to attract people. It is still the best to see it right before your eyes that they are already listed on a top exchange before you believe on such claims. If project developers are getting wise on announcing that their token will be listed on a top exchange, then be a wiser individual not to easily believe on such claims until such it was already proven true.
Even if participation in some project does not involve paying them - its still highly important not to give them personal data so they can't sell it afterwards.
I actually think that those scammers who pretend to be quality project are slowly killing crypto industry because one day every investor will be too anxious to put his money into another scam high risk project and our industry will stuck on one spot.
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