I would like answers on that

[Hastaguy]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

[bitkanu]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

The reason that has already created by the developer is too vague. that means the developer itself asked the exchange sites to block all of the traders. This looks very suspicious and have you checked about the event that is still running that made the project asked the exchange sites to block all of the services before?

[CaVO32]

are you talking about this project below?

https://bitcointalk.org/index.php?topic=4912743.0

and upon reading the thread, seems that it is really the project that you are talking about here as you have posts also on their thread. and based on my experience, a project will only block the deposit if they will be running their sale without the interruption of other holders other than them. and usually, the team will inform such situation if they are honest about it, but seems that they don't want to divulge their "obvious" reason. I have encountered several of this with my tokens but the team informed that they will be doing their token sale first in the exchange before they will open the deposit to others. but this one, seems secretive. be careful with this project. If I may suggest, once they open the deposit and trading to others, I guess sell it as fast as you can as the chance of abandoning this project is somewhat high.

[Hastaguy]

are you talking about this project below?

https://bitcointalk.org/index.php?topic=4912743.0

and upon reading the thread, seems that it is really the project that you are talking about here as you have posts also on their thread. and based on my experience, a project will only block the deposit if they will be running their sale without the interruption of other holders other than them. and usually, the team will inform such situation if they are honest about it, but seems that they don't want to divulge their "obvious" reason. I have encountered several of this with my tokens but the team informed that they will be doing their token sale first in the exchange before they will open the deposit to others. but this one, seems secretive. be careful with this project. If I may suggest, once they open the deposit and trading to others, I guess sell it as fast as you can as the chance of abandoning this project is somewhat high.

Yes!  This project!

[ife2020]

I have no idea why NRG would block all deposits in exchanges platform, and are you sure you found out why!?
NrG was a rewarding airdrops for participants and jt wasn't locked when airdrops were paid.

I implore you to chat up the exchange platforms and nrg too, find out if its maintenence or outright lock

Update : just as i assumed, there's wallet maintenence for nrg

[KaratX]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

It's possible, one thing came my mind and that's upgrade, many the project want to upgrade their Network or switch from one blockchain to another, of its NRG then contact the team on their telegram group, I'm sure they have a good reason for this

[Hastaguy]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

It's possible, one thing came my mind and that's upgrade, many the project want to upgrade their Network or switch from one blockchain to another, of its NRG then contact the team on their telegram group, I'm sure they have a good reason for this

yes, but what I can’t understand is that they can’t give technical explanations about it, if it’s a network update, why only blocked deposits? as I said, withdrawal works normally, transfer between wallets too.

[Divinespark]

Maybe their wallet is having problems at the exchange. I have seen several similar cases before, but it was quickly fixed by the project and the exchanges. If they take too long to maintain, you need to go to the telegram of the projects and make things clear.

[terrific]

yes, but what I can’t understand is that they can’t give technical explanations about it, if it’s a network update, why only blocked deposits? as I said, withdrawal works normally, transfer between wallets too.

If the team itself can't give you an answer so there's no way for us to answer it.
How long they have blocked the deposits?

[Hastaguy]

yes, but what I can’t understand is that they can’t give technical explanations about it, if it’s a network update, why only blocked deposits? as I said, withdrawal works normally, transfer between wallets too.

If the team itself can't give you an answer so there's no way for us to answer it.
How long they have blocked the deposits?

Around 1,5 month

[terrific]

yes, but what I can’t understand is that they can’t give technical explanations about it, if it’s a network update, why only blocked deposits? as I said, withdrawal works normally, transfer between wallets too.

If the team itself can't give you an answer so there's no way for us to answer it.
How long they have blocked the deposits?

Around 1,5 month

That's already a long time if they've done that. It's a mystery that neither you and me can't answer if the devs themselves have no clarity why they've done that.
I hope that it will be up soon and devs will come up to answer you.

[Hastaguy]

they have no clarity in explaining the case, they keep a ready message which is your answer when you ask the question about, that's the problem

[FireBallex]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

Here are few things that can cause this type of problem in a coins life
1. Ongoing maintenance
2. Upcoming Separate blockchain
3. Normal system upgrade
4. Change of Algorithm

No cause for alarm here at all, I suggest you should have patience, things will be back to normal later

[GreenStox]

I will sell it and will not hold it for a long time, such a reason does not make sense I mean if it's true that you bought the token you should be able to control it.
or you should at least read the agreement first.

[Coin_trader]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

Here are few things that can cause this type of problem in a coins life
1. Ongoing maintenance
2. Upcoming Separate blockchain
3. Normal system upgrade
4. Change of Algorithm

No cause for alarm here at all, I suggest you should have patience, things will be back to normal later

Agreed. I have Energi $NRG too on my wallet. As long as there is enough liquidity in the market and the devs are consistently developing the project then there's nothing to worry about.

@OP just relax and don't be nervous. By the way do you already talk to the team about maintenance? I didn't join on discord since I don't like that app. I'm just subscribed to their telegram channel don't have any announcements regarding maintenance.

[irixo10]

To the best of my knowledge, a team can tell an exchange to block all deposits maybe they are working on something, or could be they are improving their network, it can be for a whole lot of reasons. But however, if the deposit suspension is taking too long, then the team are in the best place to answer and clear the community on why the deposit on exchanges is suspended for long. Lastly, if they aren't giving any good answer then something suspicious is wrong.

[mersal]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

If it is a shit exchange then they may support shit coin developers but exchange with huge trading volumes may not accept their request, they may delist the projet if something shady activities happening around.But you can't do anything when exchange blocked deposits so you just have to hope it will get enabled someday.

[tycsols]

There can be two scenarios about this development one positive and one negative.
The positive scenario may be that team found some security, privacy or code breach and trying to make sure that there are no stolen tokens that are sold on exchanges that is why they have halted the trading and will reactivate as soon as they think that threat is over and everything is clear.
The negative scenario may be that after raising good funds this project team has become greedy and its intentions have changed now and with hige money in hand now they do not want to continue the project rather just exit after making excuses and fake stories so that they can enjoy the money for rest of their lives.
I hope the positive scenario will come out to be true and investors will be safe.

[Hastaguy]

There can be two scenarios about this development one positive and one negative.
The positive scenario may be that team found some security, privacy or code breach and trying to make sure that there are no stolen tokens that are sold on exchanges that is why they have halted the trading and will reactivate as soon as they think that threat is over and everything is clear.
The negative scenario may be that after raising good funds this project team has become greedy and its intentions have changed now and with hige money in hand now they do not want to continue the project rather just exit after making excuses and fake stories so that they can enjoy the money for rest of their lives.
I hope the positive scenario will come out to be true and investors will be safe.

i really hope for the positive scenario

[Bitstar_coin]

If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )

the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!

this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.




if anyone here is curious to know what project it is, it is NRG

The reason that has already created by the developer is too vague. that means the developer itself asked the exchange sites to block all of the traders. This looks very suspicious and have you checked about the event that is still running that made the project asked the exchange sites to block all of the services before?

from.my understanding, I think the scenario usually plays out when the project has been hacked. In such cases, the team asks partner engages to halt withdrawal and deposits to enable them stop a Hackettstown dumping on exchanges or sometimes to perform a technical adjustments like a swap or network upgrade