Are we cheated by some good altcoins?

[maxreish]

You've been actually cheates by the team. And by that time you reached that 3 years, since some exchanges are taking it  off already. I don't think the price can recover and is worth holding anymore. Sorry to say but it's obviously a trick by the devs and the team and you fell fo their failed swap plan.
 
 Also, being on the top 150 lists doesnt mean they are worth to invest and to hold. Maybe a bait. And if it was locked until 3 years, of course the price was controlled because it can't be sell by the holders.

[Kakmakr]

Do not be fooled by rankings my friend. When Bitcoin started out, there were many "scam" exchanges out there..that manipulated the trading volume statistics on their platforms. In the East it got so bad that some governments in these countries closed the exchanges.

They were in competition with each other, so they faked the trading volume to attract more people to their exchanges. (Because traders are attracted to platforms with high trading volume activities)

A lot of the smaller exchanges are doing the same and sites like Coinmarketcap are using manipulated data to determine rankings. As soon as legitimate exchanges realize this, they delist the tokens from their platform. 

[Francis Freeman]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

 Whenever you are investing in a coin always check the circulating,max supply and how the tokens will be unlocked and released into circulation. This way you can avoid getting stuck with coins or getting overwhelmed by too many coins being released.

[Akoldi_ibk]

Looking at some projects that are nowhere to be found or are dead today, what killed most is bad and illogical decisions made by the team. Not that they are not excellent enough to make progress or increase in value, but greedy team with bad intentions turned investors funds to dust. 3 year lock period is not healthy for any investor. Not sure any value will be left after this 3 year.

[aprilnot]

Insolar was originally a Grocery project. but for some reason, this project is in the middle of development changing its goals. they renamed and changed their project function. since then I have not believed in this project. especially when I found out that they were preparing a new coin that was waiting to be swapped. this is very confusing to me. and it's clear what their goal is .... so it's best to leave this project before it's too late.

[flagpara]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

Please help me understand this calculation. After 6 months, you only got 2 XNS rather than how long it takes to unlock the whole XNS of your friend. How much XNS your friend got for 6 months. Although the price is going down to an old inscoin token price. The XNS team already got double profits for the 2x supply. It's hard to trust Binance listed coins.

[Princejebs]

I will forever stick to buy the dip when there is big news coming and certain that the price will increase. Some of this Alts are pain in the Ass. Looking at how the market fall and plunge, one would be discouraged investing in Altscoins even when they are sweet in profits.

[AmoreJaz]

I will forever stick to buy the dip when there is big news coming and certain that the price will increase. Some of this Alts are pain in the Ass. Looking at how the market fall and plunge, one would be discouraged investing in Altscoins even when they are sweet in profits.

thats why a lot of people are sticking with btc or eth. they know for sure there's no losing on these currencies long term, if you know how to strategize the buy and sell in the market. most alts are only for quick gains. if you happen to exit at the wrong time, you will be a holder of crap coins or tokens.
 we cant say they are good alts as most of them have very short lifespan in the market. once the devs acquired their target funds, they just let their project die on its own.

[TGD]

This is actually sad. Always check projects before investing but the sad one is, projects always bring good total supply that will entice investors but after token sale and listing on exchange they will certainly increase the total supply gradually and dump finally. Let's be guided though.

Make sure to foolo their telegram for update if we plan to hold them for long, in terms of altcoins or projects that are made thru ICO or new DeFi we are not sure whether these projects really plan to stay long as some were just there for the hype and once done will just disappear, make sure to be updated and study the project its still better to invest in projects that have products and useful in the community.

[Mahanton]

I will forever stick to buy the dip when there is big news coming and certain that the price will increase. Some of this Alts are pain in the Ass. Looking at how the market fall and plunge, one would be discouraged investing in Altscoins even when they are sweet in profits.

thats why a lot of people are sticking with btc or eth. they know for sure there's no losing on these currencies long term, if you know how to strategize the buy and sell in the market. most alts are only for quick gains. if you happen to exit at the wrong time, you will be a holder of crap coins or tokens.
 we cant say they are good alts as most of them have very short lifespan in the market. once the devs acquired their target funds, they just let their project die on its own.

The sad reality on most altcoin shitcoin in the market where it is really just good for short term gains or for those people who do aim quick bucks and only a few who would able to
withstand by the test of time and they had proven out themselves like ETH and others in top 10 rank but below that then i dont consider for them to have that potential.
Its just common modus for some project to have that lock duration or just an alibi to make believe that they can still potentially rise up in future but in most
cases they do definitely die and leave investors behind and really holding a shitload of shitcoin.

[torrantz]

1:10 , INS:XNS swap was planned to dilute the price by the team. Team raised 45millions USD and certainly their swap made the investors angry. Devs are practicing deceptive theory, there. Smells fishy. And unexpected from the team. Overall analysis will prevent potential investors to dump money into it

The problem is the team was also putting the vesting period for the swap token for 3 years and it will be unlocked in batches too. that means the holders have been loosing all of their money for three years.

That makes binance was delisting it from there and the team has no credibility at all.

So many complaints have already made its tele group but the team didn't care about that.

A shady trick by the team.

[Saisher]

You've been actually cheates by the team. And by that time you reached that 3 years, since some exchanges are taking it  off already. I don't think the price can recover and is worth holding anymore. Sorry to say but it's obviously a trick by the devs and the team and you fell fo their failed swap plan.
 
 Also, being on the top 150 lists doesnt mean they are worth to invest and to hold. Maybe a bait. And if it was locked until 3 years, of course the price was controlled because it can't be sell by the holders.

The swap plan is the one of the trick that developers are using to cheat investors and bounty hunters, this is one of the example another project that has done this is the Likercash coin, they create a new smart contract  and they are late in informing their holders that they did a switch to a new smart contract and until now they did not implement a swap to their holders they also disable all communications.

[oscarftw]

Here is some information about 3 years of vesting:
https://medium.com/insolar/updated-and-improved-ins-to-xns-swap-terms-9a23e9ac02e0
https://medium.com/insolar/ins-to-xns-swap-important-questions-answered-521fd321ac8e
Actually I'm not satisfied with any of this answer. Admin will release the whole XNS coin in three years when investors and hunters will miss the next bullrun.

[sulendra12]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

THis is just the exact same thing when they announced the swap thingy and the other exact same thing, where in reality it is just their excuse to actually scam people and lock the coins/tokens so the holders can't do anything about it and just let it slide like that. I hate that when projects are doing that, they are ruining their reputation to the community.

[ufaiz50]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

You can still say good coin after being cheated? This is definitely a trick and strategy from the developer and forces investors to hold for 3 years. 3 years is a long time plus every coin has high fluctuation, we can't yet be sure if it's worth it to wait that long.

[LogitechMouse]

I don't consider the coin you posted here as "good" altcoin.
If you see it as a good then at least cite some opinions here that you consider it as a good altcoin but for me and for the others, this isn't a good one since what they are doing are just deceive the investors who invested in their coin.

You are probably cheated by a "BAD" altcoin and they are being forced to hold the coin for 3 years. If you will see the history of altcoins within the past 3 years especially those new projects last 2017, most of them are below the ICO price or even the price when they listed it on an exchange and I think that in 3 years, investors will loss so much money on it when they hold it. Poor investors who invested into this altcoin.

[Reatim]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

This is a dying coin why does this come still in top 150 currencies?This is a Hype coin from 2017 as i remember it right because my Friend come to invest
In this and reaching the Market Cap so he and other investors and even the Bounty Hunters make good money in this project.
But months after the listing i believe that this started to soar and fell down very low that it is almost dead.
Now that i read this thread i visited the listing and yeah you are correct it was listed in top 150 rankings.

[erikoy]

This is a dying coin why does this come still in top 150 currencies?This is a Hype coin from 2017 as i remember it right because my Friend come to invest
In this and reaching the Market Cap so he and other investors and even the Bounty Hunters make good money in this project.
But months after the listing i believe that this started to soar and fell down very low that it is almost dead.
Now that i read this thread i visited the listing and yeah you are correct it was listed in top 150 rankings.

There are more of these coin in the market that are actually no project or not really working as long as it was being put to exchange for trading. As the result more users are selling their crypto to avoid having a shitcoins with dead project and no value at all. I can sense that some of the team or group lead the crowdfunding activities run away together with the money because there were no regulations for these and the result people likely to scam this is why I never wanted to invest in an ICO project or any crowdfunding activity.

[jajorforce]

The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?

(I don't find the same topic as this coin)

 Whenever you are investing in a coin always check the circulating,max supply and how the tokens will be unlocked and released into circulation. This way you can avoid getting stuck with coins or getting overwhelmed by too many coins being released.

You didn't read my post. Maximum supply increase 2 times after 2.5 years. I'm sure in three years, we will see huge bear market then what will we do with this 93 percent coin.

I hope you can watch this https://t.me/insolar/515273

You can see how much percentage will be released in every year.

Which is means after 2 years, my friend will get only 6.5 percent of Total XNS. In two years we will miss our next bullrun. We like cryptocurrency for privacy and without any control. Here all control goes to XNS team.

[Akiko]

Which is means after 2 years, my friend will get only 6.5 percent of Total XNS. In two years we will miss our next bullrun. We like cryptocurrency for privacy and without any control. Here all control goes to XNS team.

I don't see any other reasons why they are doing it they just want to manipulate the price of that coins by locking it and have only few coin is in circulation .

As you said you can only get 6.5 percent  which is will take 20 more years to get all the coins that they are locking . I don't find it reasonable since we don't know if that persons who have that coin is still alive to sell it that time.

Why not making it free market and let the demand and supply be the judge for the price of it not by forcely manipulating it for locking the tokens.