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Author Topic: Why Youengine (YOUC) failed  (Read 1873 times)
Doranile432
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November 05, 2020, 12:00:24 PM
 #21

A shitcoin doesn't deserve to be called a shitcoin until the team give up on the project, there are few cases like in crypto space that shows that a projects that's not abandoned can still bring wonders and surprises, I think Youengine is another perfect example of such projects.
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November 05, 2020, 12:07:57 PM
 #22

Project is still alive and there is still a chance for it to rise suddenly. We need to wait and trust to the team project if what will be their strategy to win from this current market. Also the team already did what they have promise to the hunters that's why I believe they have something plan about the market and I also believe that they already now that this will happen if they are going to release the tokens to the hunters.

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November 05, 2020, 12:08:56 PM
 #23

Most bounty hunters have already got Youcash tokens, but in the market, Youcash token prices don't have a good selling price yet. on the one hand I see this token listed on a small exchange and does not have a high trading volume. Several holders Youcash tokens are still waiting for the right time, including me, to sell for a high price.


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November 05, 2020, 12:18:20 PM
 #24

I participated in this bounty campaign, but already in about 2d round I knew, that it`s very low chance that project will be successful. Team has absolutely wrong policy as about token economy as working with community. Hope admins of other new projects will learn something from such examples like Youengine and avoid their mistakes. There still can be changes regarding YouEngine, but I don`t believe little in it. YOUC token seems like stillborn token.

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November 05, 2020, 12:23:18 PM
 #25

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
Many bounty campaign participants disappointed with Youengine (YOUC) because have lower price after distributing and lower than the first time campaign starting. Just happen with joined on bounty campaign have coin listed on exchange market. Better for joining campaign still on ICO time because have speculative how take back to higher price if success with their ICO later. When you faith with John Mcaffe as recommendation with coin you make wrong decision because he is not trusted any more, many ICO and coin recommended by him but always have lower price and become scam project. Later never join bounty campaign have listed on small exchange market, you need get bigger exchange for joining bounty campaign.

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BayAngelo
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November 05, 2020, 12:32:47 PM
 #26

This has no prove to why the project price is going down. every project suffers the same fate. currently, Altcoins are bleeding and youengine is no different from them. Uniswap fall from 3usd to 1.98usd. Compound is selling below 95usd, YEARN.Finance the altcoin with an ATH of 40,000 within months is trading at 7,000usd.
Just because you failed to promote the project and you loosing out does not means the project is dead. Nope the current market situation is affecting all Altcoins.

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November 05, 2020, 12:48:31 PM
 #27

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

in my opinion it is still early for you to say Youengine (YOUC) project failed, because the product from Youengine (YOUC) is still not released (initial plan January 2021) and how can you say this project failed? or because the price has fallen so far? I think you don't need to worry about the price, because if the team is still working and active to develop this project, then I'm sure the price will go up again, so in my opinion you can't know the project failed or not just because the price fell and besides that Youengine (YOUC) is also a new project, an example is the project from UBT at the first time, many people say UBT project failed because the price down very far as happened to YOUC at this time and besides that UBT only listed on IDEX for the first time (like YOUC which was only listed on a small exchange for the first time), but now in fact the price of UBT has increased very high, so in my opinion don't ever say that the project failed just because the price of the coin dropped so far, but you have to wait until the product of the project is ready.

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November 05, 2020, 01:09:18 PM
 #28

John McAfee is a bad influencer, I bet some investors turn away once they see John involvement on the project, almost every project that involved with John McAfee are trash now, the McAfee Hype days is over, people don't trust him alone as he already ruined is reputation

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November 05, 2020, 01:20:23 PM
 #29

Its totally due to team, they did not planned a such situation.Bounty period was very long.If they distribute tokens after every round it will not so dump.They could distribute in different phases but they did not.Result is this dump.
The problem is if the team must follow the agreement that has made with the hunters when the campaign has begun. I do agree with you if the distribution can be delivered in some phases or try to unlock small amounts of coins every day.
That's better rather than distribute all directly to the hunters and then the dump is happening right now.
There were so many participants who have been sending it directly to the exchange sites but it's not their fault. Due to the low liquidity and the distribution must be planned properly before the campaign started.

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November 05, 2020, 01:24:57 PM
 #30

I'm guessing that the team are new to the whole crypto space thing, if not they wouldn't use p2pb2b exchange for IEO, not even that tokpie exchange too or bitforex, all these exchanges are worthless and I don't like the fact that coinmarketcap still rates p2pb2b exchange as a top exchange, can't help but wondering how many new projects fall for that.

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November 05, 2020, 01:30:44 PM
 #31

Just because price is down don't equate to project has failed, i don't know why some people get too emotional when it comes to price dip, immediately they see the price of the project they support is dipping they will conclude the project is dying, @op should look at the whole market, most alts are suffering the same faith, only btc is staying strong as usual dominating the entire market, all you can do at this time is patience and hold if you see potential in the project otherwise move on.

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November 05, 2020, 02:41:52 PM
 #32

They made the reward pool too large, which led to a huge number of participants in the bounty campaigns. After the distribution of tokens, all of them began to sell on the very first day, and as a result, the price of the token dropped hundreds of times. The project itself is no worse than the others in the bounty campaigns section.

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November 05, 2020, 03:10:27 PM
 #33

I don't think that the Youcash project failed. Meanwhile this project has also been listed on several small exchanges. I saw that there were still many holders who held the coins, including bounty hunters and couldn't sell even at a cheap price. we will see how the next development, if you have Coin Youcash then keep holding and waiting for the latest news.

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November 05, 2020, 03:25:43 PM
 #34

Its normal why a token project is dump after bounty distribution. And YOUC is one of them. But, i don't think YOUC is failed. YOUC Bounty is difference with another bounty. They distribution all token 4 round from 27th Oct and end before 10th Nov. Difference with another bounty who give distribution gradually every month.
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November 05, 2020, 03:38:22 PM
 #35

When Youengine was at 10cent the 24hrs trading volume per day is just around 35000$, why are you guys even discussing about this project? There is no enough liquidity and we know that exchanges like p2pb2b has fake volume and  bad reputations, it's clearly the team's fault.

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November 05, 2020, 03:56:00 PM
 #36

It's early to bury Youengine as the product launch hasn't even taken place yet.  The team does not cheat bounty hunters and continues to distribute rewards, and also promises to list on some exchanges within the next few months.  Let's see what will happen by the spring of 2021 and then we will draw conclusions.
^ right, I think we shouldn't be too quick to speculate on YOUC because the team really paid the hunters. Prices are currently a dump but that is entirely due to the inability of the team to hold back market demand. let's look at the next few months, prices will definitely go back up.


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November 05, 2020, 04:09:00 PM
 #37

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

Most of the campaign bounties arise here even up to the present time now are good only from the beginning. Where it is much better to join in the project that will run in a short period of time only. Never join in the campaign that will run more than 12 weeks, because that is very questionable to me already, honestly speaking. And one more thing I don't trust John Mcafee He is just a piece of shit only who is only good in deceiving people and hyped.
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November 05, 2020, 04:14:06 PM
 #38

Its normal why a token project is dump after bounty distribution. And YOUC is one of them. But, i don't think YOUC is failed. YOUC Bounty is difference with another bounty. They distribution all token 4 round from 27th Oct and end before 10th Nov. Difference with another bounty who give distribution gradually every month.

indeed and hopefully yes, this project will not be a failed project
because YOuEngine team still active in their telegram to give informations about their project
its just the beginning, i hope YOUEngine price will back at least to IEO price

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istiak2277
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November 05, 2020, 04:18:25 PM
 #39

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

Actually when you do something for money then you don't care that is a big shot project or a shit project. The only care is money and that's how most of the bounty hunters think. That is why I promote that project even I also knew that project is very low quality and the price of the token will be very low because of its high supply. I only join because of their huge allocation.

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November 05, 2020, 04:27:40 PM
 #40

YOUC did not fail, failure was caused by bounty distribution, YOUC is still a good project,
it is not easy to be listed on 5 exchanges directly, especially since this project has been running for 1 year,
reportedly this month YOUC will list in the top 4 exchanges, if Huobi is the choice , then I have no doubt about this project.
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