A Very Important Advice for Devs - page 4.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

Quote from: OasisDre on March 27, 2020, 09:17:19 AM

Quote from: bitcoinst on March 27, 2020, 07:00:36 AM

Once again, some words without evidence. The data of the exchange and their reputation with everyone on the hulk.
But why should developers take your word for it? Attach links with evidence of their guilt, so that your topic becomes a guiding one for the creators of projects.

We don't need proves, many are in scam accusation thread on this forum, I lost funds on vindax and the team never helped out, same thing with exmarket, about p2pb2b they are well known for fake volume and watch trades, it seems you are new on here

You do not understand. A young developer can stumble only on this topic, and who knows whether he will believe the author or not without reference to the evidence base.
Links to topics with scam revelations and reviews greatly expand devs horizons, while not everyone will manually search for them.

Quote from: DDante on March 27, 2020, 09:31:06 AM

Where the heck have you been? Are you the owner of your account? Because even members on here knew how dubious all these exchanges are, OP don't need to show any prove, them exchanges are bad for new projects and they have cheated many, I'm surprised this is coming from a hero member

Before being so toxic, think about whether you correctly understood the words I said and whether you caught the thought. Then think about whether you are smart enough to be constructive?

Rhetorical question. Wink

OasisDre

member

Activity: 532

Merit: 41

Quote from: Bitbtc8 on March 27, 2020, 03:33:19 AM

I've heard enough about exchanges and my ears are full, if you aren't a scammer or a pump and dump dev this is for you, I'm going to list some exchanges on here right now

1. Vindax
2. Systemkoin
3. ChainX
4. P2PB2B
5. Latoken
6. Dobi
7. Hotbit
8. Yobit

The following 👆 exchanges are extremely dangerous for your new project, do you hear me? It's either you get scammed and ripped off of the little fund raised believe me you won't raise hardcap successful on themor you are fooled about the exact amount that was raised and never get paid still, either one will happen.

Secondly these exchanges have no reputations to care for, you paid for the IEO and listing and your tokens won't attract investors, it's better to find ways for better exchanges or don't bother to do anything at all until you are able to.

The last man standing (Fund raising) is IEO and the only way to come out with flying colors with IEO is going to top Exchanges, take my words seriously if you are a developer, many failed to listed as I pleaded with them because their projects have good use cases and they end up worthless in the end.

Investors are now started and trust only top Exchanges, if you are looking for better investors they are available only on top Exchanges, this is not only the benefits of top exchanges, more Volumes and better Liquidity.

You want to know what's going on in investors mind today? Here is the answer
Bad projects lists on small exchanges do not blame them, even I have worst experience on these exchanges... Developers it's not bad to do your own research on exchanges too

Thank you

I hope they do listen, many new projects team are so stubborn that they don't care about others advice, some said fees for listing on big exchanges are high but the only chance to success from IEO is going for big exchanges, I'd say it's better they don't hold IEO on small exchanges because the result is pretty simple, FAILURE

Ken_terrance

member

Activity: 574

Merit: 18

Making Smart Money Work

Quote from: wxxyrqa on April 03, 2020, 12:30:55 PM

Quote from: Doranile432 on April 03, 2020, 06:03:28 AM

OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity

Undoubtedly, the cryptocurrency exchanges on which the listing of coins of a particular project is carried out are also of great importance for the future of this project. As always, on higher-rated cryptocurrency exchanges, trading is carried out with greater intensity and with large volumes, but nevertheless, in the first place, coins should interest traders and investors, as well as convince them of their successful future. I believe that projects that show real prospects will be a good success, because otherwise, due to lack of demand, any exchange can arrange delisting.

I think what OP is talking about is how to raise fund successfully with no hiccups, even not too good projects come out with good results on binance, you won't advice a very high quality project to do IEO on p2pb2b exchange even if the quality is so good, the end result will still be bad

wxxyrqa

full member

Activity: 1330

Merit: 121

Quote from: Doranile432 on April 03, 2020, 06:03:28 AM

OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity

Undoubtedly, the cryptocurrency exchanges on which the listing of coins of a particular project is carried out are also of great importance for the future of this project. As always, on higher-rated cryptocurrency exchanges, trading is carried out with greater intensity and with large volumes, but nevertheless, in the first place, coins should interest traders and investors, as well as convince them of their successful future. I believe that projects that show real prospects will be a good success, because otherwise, due to lack of demand, any exchange can arrange delisting.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

Quote from: Psynthax on April 03, 2020, 05:50:40 AM

Quote from: gensol on April 03, 2020, 03:44:21 AM

You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.

The problem is those exchange sites were manipulating their daily trade volume. Those developers are getting trapped caused by that. I think that coinmarketcap can be considered as a party responsible for this thing. CMC is always putting scam exchange sites at the top exchange site in term of daily trade volume.

If they just manipulated volumes, that would be half the problem. The main nuance is that these exchanges have very low liquidity, so each of them has a manual method of withdrawing funds.
This is the highest level of risk for any funds, because in an unfavorable situation you simply will not be able to withdraw your assets.

Doranile432

member

Activity: 476

Merit: 22

OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity

Psynthax

hero member

Activity: 2366

Merit: 504

Quote from: gensol on April 03, 2020, 03:44:21 AM

You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.

The problem is those exchange sites were manipulating their daily trade volume. Those developers are getting trapped caused by that. I think that coinmarketcap can be considered as a party responsible for this thing. CMC is always putting scam exchange sites at the top exchange site in term of daily trade volume.

lengzhao

jr. member

Activity: 48

Merit: 1

I have a technical project and I know the difficulty of project operation.
It is difficult to run the project without a large amount of funds.
A new technology often takes a lot of time and money.
But most investors don't have that much patience and foresight.
When most developers get money easily, they tend to forget their original intentions.
I concentrated on researching for 2 years. I want to raise funds, but most investment institutions are not willing to invest.
They prefer to listen to a good story, then find someone to take over, make a profit and leave
My project, Homogeneous multi-chain system: https://bitcointalksearch.org/topic/ann-govm-high-scalability-theoretical-tps-can-exceed-2-64-already-online-5230875

Bitbtc8

full member

Activity: 1148

Merit: 116

Quote from: Lhaine on April 03, 2020, 03:58:47 AM

Quote from: gensol on April 03, 2020, 03:44:21 AM

You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.

But to be listed on popular exchange you need to pay high amount for listing fees or else your project should be popular enough so the exchange will adopt your currency even without the need to pay.
Its easy to say you should list on popular exchange but its hard to happen since more of that exchange only list popular crypto currency and other ask for highest listing fee of you dont have that 2 choices you cant be added there easily.

If a dev don't have enough to list on big Exchange I suggest they should continue fund raising and aim for better exchanges, it's just the only way forward

Lhaine

full member

Activity: 742

Merit: 128

Coinbene.com - Experience Fast Crypto Trading

Quote from: gensol on April 03, 2020, 03:44:21 AM

You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.

But to be listed on popular exchange you need to pay high amount for listing fees or else your project should be popular enough so the exchange will adopt your currency even without the need to pay.
Its easy to say you should list on popular exchange but its hard to happen since more of that exchange only list popular crypto currency and other ask for highest listing fee of you dont have that 2 choices you cant be added there easily.

Bitbtc8

full member

Activity: 1148

Merit: 116

Quote from: justdimin on April 03, 2020, 03:36:01 AM

All of them are known to be quite shady, even if they are not scam they are at least shady, do not forget to add in yobit as well because they literally declined to pay you up many times, a lot of people complained that they couldn't withdraw their money and that was basically all from credible sources as well, not some people blaming them and get paid from other exchanges. They even did a HUGE signature campaign type of thing to make people forget about all of it but they didn't and all of that money became nothing.

Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...

I've already added Yobit exchange on the list, they are shady and can't be trusted too, I don't bother to join their giveaway because I'm sure it will be worthless, not all exchange tokens are worth buying, good exchanges aren't many

jessyj48

member

Activity: 756

Merit: 14

Since IEO is the only fund raising path left on crypto space then new projects have no choice but to use IEO, but to become successful or come out with good result you have to go better exchange

1. Low exchanges equals bad results
2. High exchanges equals good results

This is how IEO works, it's this simple

gensol

jr. member

Activity: 714

Merit: 3

You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.

justdimin

hero member

Activity: 3122

Merit: 672

www.Crypto.Games: Multiple coins, multiple games

All of them are known to be quite shady, even if they are not scam they are at least shady, do not forget to add in yobit as well because they literally declined to pay you up many times, a lot of people complained that they couldn't withdraw their money and that was basically all from credible sources as well, not some people blaming them and get paid from other exchanges. They even did a HUGE signature campaign type of thing to make people forget about all of it but they didn't and all of that money became nothing.

Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...

cahbagus555

member

Activity: 756

Merit: 12

The list must be added with Bcnex, because there are many complaints about withdrawals that have not been processed even for weeks. The biggest problem in cryptocurrency is trust and exchangers should maintain that reputation so that transactions from members will continue to increase

htsy585

full member

Activity: 573

Merit: 102

Quote from: Chuky92 on March 28, 2020, 06:35:16 PM

Your first paragraph is straight to the point, as it shows that only pump and dump developers or those who aren't ready to offer anything good would list on those exchanges. Since time past Latoken is known as an exchange which never gives a project the opportunity to grow, even token sales on that exchange don't always end well. In addition to Latoken, from my own angle, P2PB2B and Vindax are also not worth it as projects always don't do well there. In all ramifications, you are right with your list, and developers should also learn to do the right thing unless of course they don't care about any development but are after pump and dump or they are scammers.

I perfectly agree with you as only a team that is not competent enough will choose the option of these scamming exchanges. Devs who ain't financially bouyant will definitely go for cheaps exchanges without volume and liquidity. I think p2pb2b and vintax are the ones with most bad reviews of being scams. Post like this are good announcements to save everyone from such scam exchanges

Utoy101

member

Activity: 368

Merit: 11

Quote from: Bitbtc8 on March 27, 2020, 03:33:19 AM

I've heard enough about exchanges and my ears are full, if you aren't a scammer or a pump and dump dev this is for you, I'm going to list some exchanges on here right now

1. Vindax
2. Systemkoin
3. ChainX
4. P2PB2B
5. Latoken
6. Dobi
7. Hotbit

virtually every traders have had a fair share of bad experience with the usage of these exchanges. Some of them might not be entirely a scam exchange but they are characterized by extremely low volume and liquidity which do prompt them to do fake volume and wash trading. I think the devs that do opt for those exchanges are either the ones short on cash to pay for listing on top exchange or the ones that ain't guenuine and have the intentions to scam.

Chuky92

copper member

Activity: 966

Merit: 5

Your first paragraph is straight to the point, as it shows that only pump and dump developers or those who aren't ready to offer anything good would list on those exchanges. Since time past Latoken is known as an exchange which never gives a project the opportunity to grow, even token sales on that exchange don't always end well. In addition to Latoken, from my own angle, P2PB2B and Vindax are also not worth it as projects always don't do well there. In all ramifications, you are right with your list, and developers should also learn to do the right thing unless of course they don't care about any development but are after pump and dump or they are scammers.

Jannyh

copper member

Activity: 994

Merit: 4

It still baffles me to see developers conduct initial exchange Offering in these exchanges you have listed. Sometimes I want to think that the developers do not carry out research before listing their tokens in such exchanges or could it be that the fee is very low,? Well listing in such exchanges will mean so much harm to a coin that was carefully planned,so Devs should do more research for the progress of their coin.

MCDev

sr. member

Activity: 680

Merit: 255

It seems that P2PB2B has a very bad reputation in the cryptocurrency market, a lot of people accuse P2PB2B of embarking with the IEO developer to pump then to be broken.
I think the problem for a project listed on the transaction is probably money, most of the IEO and ICo are required to pay a fee to be able to be listed on a certain transaction.

Topic: A Very Important Advice for Devs - page 4. (Read 737 times)