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Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 28. (Read 55443 times)

legendary
Activity: 1960
Merit: 1128
Cheesy i'm going to buy a lot of popcorn to follow this show. I'm watching savedroid since their performance with exitscam, the team are really can wonder the investors.

They already gave so many shocks to the investors one after one that's the reason why it becoming hard for the people to keep believe on them. Even still they didn't fulfill the promise to make it list on top 5 exchanges so you can get filled your order quickly if you think there is something which could bring value to this project.  

Sine I watch this (since the PR-Stunt) one of my theories always has been that this is a social experiment. At one nice day they'll say:

"GOTCHA! Thanks for your participation! All what you have to do now to get $1 for each SVD you hold, is to evaluate this list of emotions on the time scale from 1 to 10. We've learned so much about human suffering capability!"

I'll watch this until the announcement comes!  Cheesy
legendary
Activity: 1526
Merit: 1012
Cheesy i'm going to buy a lot of popcorn to follow this show. I'm watching savedroid since their performance with exitscam, the team are really can wonder the investors.

They already gave so many shocks to the investors one after one that's the reason why it becoming hard for the people to keep believe on them. Even still they didn't fulfill the promise to make it list on top 5 exchanges so you can get filled your order quickly if you think there is something which could bring value to this project. 
full member
Activity: 434
Merit: 103
 Cheesy i'm going to buy a lot of popcorn to follow this show. I'm watching savedroid since their performance with exitscam, the team are really can wonder the investors.
sr. member
Activity: 770
Merit: 278
Once again, I am convinced of the incompetence of the people who are behind this project. They do not cease to amaze me, and look very stupid in the eyes of their community. Interestingly, they understand that their statements will not soon be taken seriously. In my opinion, if you entrust the management of the child, then he will make much fewer mistakes than the one who makes decisions in this team now. Angry
It seems were trying to be a great project but the way they acted is not good and very unprofessional. This is the reason why the community hate the team after they have raised a big amount and this is what they will going to do with the investors and believers of their project.
hero member
Activity: 818
Merit: 508
Once again, I am convinced of the incompetence of the people who are behind this project. They do not cease to amaze me, and look very stupid in the eyes of their community. Interestingly, they understand that their statements will not soon be taken seriously. In my opinion, if you entrust the management of the child, then he will make much fewer mistakes than the one who makes decisions in this team now. Angry
newbie
Activity: 53
Merit: 0
Remember the scamdroid function :

the developer can freeze, lock anytime they want without any reasons


Think 100 times before you buy this shit. don't waste your money please

That could hurt the growth of this token if they will use this function. It means it could be dangerous to buy this token on current price when we won't be able to move them if price jump to high level suddenly and they can do this job.

They will do that for sure once the price hit adobe ico,no doubt.How irresponsible they're, no update after almost 48hours. Shame!
And i can say they have the worst advisory board, full of idiots

Especially their CTO idiot tobson who responsible for this idiot lock and unlock
full member
Activity: 224
Merit: 100
Remember the scamdroid function :

the developer can freeze, lock anytime they want without any reasons


Think 100 times before you buy this shit. don't waste your money please

That could hurt the growth of this token if they will use this function. It means it could be dangerous to buy this token on current price when we won't be able to move them if price jump to high level suddenly and they can do this job.

They will do that for sure once the price hit adobe ico,no doubt.How irresponsible they're, no update after almost 48hours. Shame!
And i can say they have the worst advisory board, full of idiots
legendary
Activity: 1960
Merit: 1128
Even I have few tokens but it has been dropped from my regular watch list and was waiting for tenth of this month. I thought after seeing so much criticism and concerns over past actions they will behave differently this time but I was wrong. That freezing functionality is very concerning if really works. If they can't make possible on these ordinary exchanges then what to expect from them for big trading platforms.

What is concerning is how arbitrarily they unlock and lock the smart contract and cause confusion and anger everywhere. First they unlock too early. The explanation is: They had to do that to give HitBTC and Bancor time for testing. But even if that should be true, and I'm not too sure about that, they should've known and explain that earlier. But they've said that they'll unlock on 8 pm CEST  multiple times during the AMA.

And because IDEX and TIDEX did not need testing with an unlocked smart contract everything was prepared. So the unlock (hours before the scheduled time) was tantamount to trading start on both exchanges. And then... they let it run for about 2 hours, price is dumped to shit, and without any explanation or warning before they lock it again. Given reason, hours later:

"We have not yet received the technical GO from HitBTC that the markets for SVD are open. We are talking to HitBTC to understand the situation. Once we learn more and get to know when the markets for SVD will open, we will immediately inform our community. Until then we are forced to pause the SVD smart contract to ensure the best liquidity for SVD at listing start. We are very sorry for any inconvenience caused.
All the best, Yassin & the savedroid Team."



That's a lie because it implies that trading didn't start yet while right now SVD is traded. It's true with focus on HitBTC of course. Conclusion: They ignore TIDEX and IDEX and make all their bets on HitBTC (just btw: they don't even mention Bancor), probably with the hope that the bigger exchange will help the price.

Second: They want to ensure "best liquidity" while the pause has an opposite effect on both exchanges SVD is already traded on: Funds are frozen again and no SVD can be deposited. Traders play with a very low percentage of the supply now and drive the price up. Many will be surprised once Savedroid unlocks the smart contract again, because the real dumping is likely to start just a minute after the unlock with increasing intensity.

What they (Savedroid) maybe hope (in case that they think about all of that at all): The lock up leads to very low liquidity on IDEX and TIDEX, less selling, so the price recovers on both exchanges. Once HitBTC opens trading, they hope for more buyers who tend to buy at higher prices because they see the prices on IDEX and TIDEX.

But: I'm nearly totally sure that that will turn out as a misconception. The effect could very well be the opposite.

If we think about it: Only those who recognized that the unlock was hours earlier than communicated sent their SVD on exchanges - a minority. At the same time the low supply that reached both exchanges already was enough to dump it about 80% below the ICO-price. A majority of potential Sellers waited for 8 pm CEST - but the smart contract was already on pause again at that time.

The second problem is: This whole confusion about trading start, plus the decision to set everything on hold, additionally hurt Savedroids reputation. They got a lot of criticism from own Investors, they got a lot of laughs outside of the community, and even some negative media attention. Problem: After the price was dumped on IDEX and TIDEX and all the critique it's not likely that HitBTC can help much regarding the price. I believe that the price will find new lows once HitBTC finally lists SVD and all gates are open to send SVD on exchanges.

Third: If a price recovers first, because the market is not natural (many don't figure that), the psychological effect is much more devastating once the merciless dumping really starts.

And they've set it all up to make such a worst case scenario very likely and they don't seem to get it.



1) Again they show that they are not able to think through situations like that and manage it all properly and in best interest of their Investors.

2) Again they show poor communication. The post I quoted above is inconclusive and misleading, no matter if intentionally or not. And what did they say after posting that? Nothing...

3) Again they show that all what they said before was just cheap talk. Trading start and unlock at 8 pm CEST? Who cares.
Best was this: "savedroid democratizes crypto! — We’re not kidding." (Headline of their Medium post). To say that is nonsense anyway but right now they clearly show what they mean by that: Arbitrarily unlock and lock all funds, misleading Traders on IDEX and TIDEX, not ever explaining anything right...

4) Again and again they clearly prove that they should not have control over other peoples money. Decisions of the past:

- PR-Stunt without thinking about effects

- Exchange-voting, including being totally intransparent and even manipulate the voting (contacting pre-sale Investors to vote after voting was officially closed). And while the manipulated result was on "wait for Top5" it's meaningless now. Top5 exchange? Yassin said in the AMA about the Top5: "In Crypto nothing is ever safe!". But back in March they announced it as "secured" to hype their ICO...

- Then they wanted to wait with the listing for better market conditions. Market conditions are worse now and Yassin (rightfully) says: Yes, that's hard to time.. but he could have known that before and never come up with such bullshit.

- ....and so on...



I wouldn't ever count on anything what they say, because they change the rules whenever an idea comes into their minds. Usually that are bad ideas, poorly communicated and executed in a totally incompetent manner.


But they want to educate others and even advise other projects... I still don't get how they can be so arrogant and not learn out of their mistakes.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I find SVD only at Idex but they promised list to Hitbtc and other exchanges. Still not listed? Does anyone know exact date of listing to centralized exchanges?
I am always waiting for that moment they'll start trading in Hitbtc, the volume is pretty low in IDEX but I like the price now because it started
to climb. Hopefully once we start trading in Hitbtc, the price would be over ICO price, weak hands are done selling now.
sr. member
Activity: 952
Merit: 251
Remember the scamdroid function :

the developer can freeze, lock anytime they want without any reasons


Think 100 times before you buy this shit. don't waste your money please

That could hurt the growth of this token if they will use this function. It means it could be dangerous to buy this token on current price when we won't be able to move them if price jump to high level suddenly and they can do this job.
legendary
Activity: 1260
Merit: 1001
Even I have few tokens but it has been dropped from my regular watch list and was waiting for tenth of this month. I thought after seeing so much criticism and concerns over past actions they will behave differently this time but I was wrong. That freezing functionality is very concerning if really works. If they can't make possible on these ordinary exchanges then what to expect from them for big trading platforms.
full member
Activity: 1162
Merit: 101
I find SVD only at Idex but they promised list to Hitbtc and other exchanges. Still not listed? Does anyone know exact date of listing to centralized exchanges?
newbie
Activity: 216
Merit: 0
Check their  ETH transactions:

https://etherscan.io/address/0x3e5dCcE17765928400ee4A4B8905E1DD9F42a00f

5.0063 Ether  2 days 15 hrs ago
0.1601 Ether  2 days 15 hrs ago
7.6274 Ether  24 days 15 hrs ago


 Huh  It seems that they refunded money to 3 of investors.
newbie
Activity: 85
Merit: 0
if I have more funds I will never be interested in buying this token even at a very cheap price ... xlm, trx, eth is much more attractive than svd token
full member
Activity: 224
Merit: 100
Remember the scamdroid function :

the developer can freeze, lock anytime they want without any reasons


Think 100 times before you buy this shit. don't waste your money please
hero member
Activity: 589
Merit: 502
One broken promise after another.... The comedy continues.

Remember that it is these people who wants to advice other ICOs of how to run a proper ICO campaign. Mindblowing.....
legendary
Activity: 1960
Merit: 1128
SaveDroid Halts Smart Contract Due to HitBTC Hiccup by Steven Steel - 11 August , 2018

https://cryptoticker.io/savedroid-halts-smart-contract-due-to-hitbtc-hiccup/


The last lines are really hard (but probably true):

"Nevertheless, SaveDroid’s repeated acts of untrustworthiness seem to be rubbing off their investors the wrong way. With their own investors giving up hope on the team, it is only a matter of time before the whole company comes crashing down, bringing their investors’ hard-earned cash with it."
newbie
Activity: 85
Merit: 0
SaveDroid Halts Smart Contract Due to HitBTC Hiccup by Steven Steel - 11 August , 2018

https://cryptoticker.io/savedroid-halts-smart-contract-due-to-hitbtc-hiccup/

No future anymore ... Is so bad
newbie
Activity: 216
Merit: 0
SaveDroid Halts Smart Contract Due to HitBTC Hiccup by Steven Steel - 11 August , 2018

https://cryptoticker.io/savedroid-halts-smart-contract-due-to-hitbtc-hiccup/
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