Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY! - page 38. (Read 55435 times)

Even if bullish activities return how can we expect SVD to perform well when there is no supporting infrastructure. Here I refer at exchanges to provide enough liquidity to take part in speculation. To be serious on current exchanges I don't expect this market will move significant. As holder I find myself in a close street where no option is left.

There is a shortage of excuses now. I wouldn't expect much until they have something new to say. Old "reasons" won't work anymore. Even with a top5 exchange I don't believe the price will keep it's ICO-price. In my opinion only one scenario could play out:

1) A new bull-market
2) Good exchange

If the CBOE-Bitcoin-ETF should get approval in August we could see another Bull-run, but I wouldn't bet on approval at the moment. In best case chances are 50/50 and even if, it's not that clear if it would help SVD. Plus: It's not totally clear that the SEC will decide in August, could also be September.

And there is no new AMA ............
Last AMA was 15 days ago.

Agreed with you that is just aftereffect of that bad PR-Stunt and the other big reason why it make it more like a scam still dev has no direction and it seems they lost their interest in this project. No big exchanges are on the list and no marketing campaign is bring back this on the track.

It's a quote from a study:

Although ~1/10th of all ICO fundraising went to Identified Scams, the vast majority of the $1.3B was from just
three projects, which were all relatively old school frauds by no means unique to ICOs (Pincoin ($660M),
Arisebank ($600M), and Savedroid (~$50M). These projects each did raise those amounts we believe but are
subject to extensive regulatory action. In particular, Arisebank was brought to a halt on January 25, 2018 by an the
SEC obtaining an emergency temporary restraining order, asset freeze, and other expedited relief to halt the ICO3 and is subject to extensive ongoing proceedings with the SEC. Savedroid, a Frankfurt, Germany based ICO, as of April was said to be subject to a preliminary investigation by the public prosecutor in Frankfurt4.
https://research.bloomberg.com/pub/res/d28giW28tf6G7T_Wr77aU0gDgFQ


In April it made headlines that German prosecutors would look into it. That is what the study refers to - it's another aftereffect on their PR-Stunt.

Cointelegraph mentioned Savedroid like a big scam. Now developers must be afraid. No development here, no exchanges, nothing. I think they will be arrested soon.


https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams

When exchange mtf?

I believe there are some pretty big Investors. But I agree with abonarea regarding that they use "big Investors" as a term for excuses since it's very unlikely that big Investors 1) liked their PR-show, 2) agree with the way the team treats the community, 3) likes the way they handle the exchange-topic etc.

Thing is: Also big Investors usually are able to write and express their opinion and they could do it here or on Reddit or use Medium or whatever platform they prefer to explain their view on this. I've seen nobody. Again, that doesn't mean that there are no big Investors. It means that the constantly given story about "Big Investors liked the Scam-Stunt", "Big Investors want to wait a) for top5, b) for beta, c) until market recovers" is probably not true.

There is not any  "Big investors".  I think it is another lie. Maximum invest could be 10 BTC

A project of 60 millions Euro is performing worse than a few millions on every filed whether it is listing on exchanges, development or anything what they claimed. It is not people are demanding something unusual but they failed to deliver their promises. Big investors is nothing more than self created term to decide whatever they want using this term to keep others silent.

The project is well supported by social networks, which makes it possible to always follow the updates in development.

I wonder why people did not do this?
I also have a question in my head, who are all these people who come to an open conference of soondroid (open AMA)?
Is it not among them that there is not one investor who invested his money in this scam?


Guys look at the report of the consulting campaign  (page 25)
https://research.bloomberg.com/pub/res/d28giW28tf6G7T_Wr77aU0gDgFQ




I hope that the SEC will take care of these scammers.

please don't list this coin on any exchange.
not this year anyway as it will be worthless.

I hope someone at germany make a legal action and put this scammer yassin and tobson in jail for fraud

The list of excuses becomes pretty long now. This is the Top5-story until now:


1. Top5-Announcement in March and during the ICO as "secured"

2. Problems with KYC

3. PR-Stunt and a lot of trouble as result - maybe/probably such a damage of reputation that exchanges reject them

4. Still problems with KYC and distribution

5. Savedroid claims, the Top5 is about to readjust the listing-requirements, therefore it will need a bit more time. But: The Top5 exchange still wants to list Savedroid and even for free!

6. Community-voting if to wait for the Top5 (4-6 weeks) or not. Result: A majority wants to wait. Another result is: Zero transparency and they admit that they've contacted Pre-Sale-Investors to vote after the voting was officially closed.

7. Additional argument: Bigger Investors want to wait for the Beta-Release

8. Beta is released but obviously the Top5 still didn't get their listing-requirements finished

9. Now, said during the last AMA: Actually they wouldn't want to wait for the Top5 anymore, so the voting result is also not important anymore. But especially big Investors (again) are concerned about the bear market. Funny is: The bear market is going on since January... but now it replaces all other "reasons" and made it on #1 on the excuse-list.


What is a known pattern: They often refer to big ticket buyers whenever they come up with excuses.

- Big Investors liked the PR-Stunt
- Big Investors want to wait for the top5
- Big Investors want to wait for the Beta
- Big Investors want to wait because of the market conditions



And what's kind of funny: They like to put it that way as if the big guys would be the smart ones. Small buyers "scream" and are loud... the bigger ones are the thinkers, calm and nice and strategic masterpieces. The big issue here is: How smart can it be to put much money into a hype-project like this?


What I said/asked shortly after the PR-Stunt was this:



In my opinion there are mainly two options with some probability:

1) There never was an agreement with a top5 exchange but they've just used the announcement to hype their ICO.
2) There was an agreement but the top5 rejected them after the PR-Stunt


What I find interesting is that they didn't just say they would have such an agreement but that they wouldn't have to pay anything for it - while later they constantly complained about high listing prices.

And what I didn't believe for a moment is the given argument that the top 5 exchange delayed the listing because of readjustments of their listing requirements.

Yeeaaahhh as I have predicted a month ago or so, here is the next excuse since the beta already has been launched and still no listing.

"Minchin |savedroid:
Given the challenging crypto market environment since beginning of May 2018, we are currently reviewing our listing strategy and date. Please bear with us as we are working towards the best outcome for the whole savedroid community."

It is normal action the team has no serious plan how to get back confidence of the investors on this project and push this towards a healthy way to grow steady and give some relief to those people who invested into this project by mistaken.

only in this thread ?

Listed after beta launch is just a BS from the scammer yassin and tobias
FYI beta allready launch and no exchange at all and never be listed ( because all exchange reject this scamdroid token )

This is just a scam project

Move on , if you want take action and your money back find a good lawyer, and go to their office 😂

Just read savedroids post statements. Savedroids announcements are  worth nothing.