Are we cheated by some good altcoins? - page 3.

judeafante

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Quote from: jajorforce on August 31, 2020, 06:13:27 PM

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)

Stop using the word "good altcoins" when in fact is, they just scammed their investors, this is one of the tricks employed by developers in trying to extract more money from their investors, we should always watch out for this kind of projects, there is no more hope for that coin since it was delisted, and there's no chance to get listed again, maybe in the scam exchange.

SistaFista

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Activity: 1638

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Hexhash.xyz

That is not good. The coin circulation and total supply should be clear to all holders.
We must ensure the dev that won't be any additional coin generated in the future, so we can know the value of the coin.
More than that, locking the coin while the dev adding more coins into circulation is worst.

royalfestus

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Activity: 2464

Merit: 519

We all have our challenges with scam projects, everyone at time in past 4 years should point out a failed or scam project he invested into. It is not smart to hold a coin for 3 years without the opportunity of taking profit at any time but I dont think smart whales in such project hold the coin for that long. Offer of locking token for long period should be avoided, when high trade volume is noticed on coin , holder should verify the authenticity of the trade, it could be sign for exit scam

landoffaucets

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Activity: 1204

Merit: 502

The problem is that not always is the market capitalization correct indicator of how big a coin is really it... I mean when you have very low trading volume, you can easily pump price by a thousand percents and then the capitalization will also grow insanely.

ameliana

full member

Activity: 887

Merit: 100

I think such coins are scam coins, if the developer is really serious about developing the project there is no other reason than to list their coins on many exchanges Especially on top exchanges, not locking coins for too long let alone years because this can be abused by them. There are many cases of projects like this. Watch Out.

ScamViruS

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Activity: 1876

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Top Crypto Casino

Quote from: jajorforce on August 31, 2020, 06:13:27 PM

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)

Not all top coins are good coins. Lots of top coins have already left the market with investors' money. I was once cheated by a top 50 coin, which I still remember how frustrated I was at the time. They scammed all investors and they left the market with investors' money. And whatever happened to you, it was really a dirty game played by the dev. I would say that in the coming days, you must be careful not to fall prey to such scams. Increase your ability to do research, move forward in such a way that you can find fake projects.

Thomas-s

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Activity: 1274

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Proof-of-Stake Blockchain Network

I don't like buying any coins that are frozen money for such a long time. During this time, a lot of bad things can happen with the project. Freezing money for three years is the worst thing that an investor can choose in the cryptocurrency market.

Kupid002

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Activity: 1036

Merit: 329

Quote from: jajorforce on August 31, 2020, 06:13:27 PM

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)

if you are investors I don't find any reasons why they need to lock your coins since its your money and you are the one invested . Maybe they want to manipulate the price of that currency if they don't want to distribute the real supply of the tokens to token holders. if no one will sell the currency then they can adjust the price base on what they want and they can easily manipulate it and that's not good for those investors that locked funds and besided 3 years is too long to know what will be the market value of that tokens after.

Estehmanis

full member

Activity: 262

Merit: 100

I think they start suffered a setback so as to force investors them to continue to adhere to a such a manner , but to remove from the exchange own listed who you told you i do not know for certain its me not invest there think evil thoughts with his

awakpane

member

Activity: 1274

Merit: 12

In my opinion, there is no way good altcoins will fool us. Regarding XNS, I don't really understand the problem. but if we think objectively, a good coin must have its own regulations. I'm sure the XNS must be thinking of other exchanges to list so that their coins continue to grow. This is according to my thinking.

semobo

full member

Activity: 1498

Merit: 146

Quote from: jajorforce on August 31, 2020, 06:13:27 PM

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)

Top rank in the market cap doesn't mean it is a good coin, don't get fooled by the numbers, just choose the best out of it.And most of the tokens are just scam and you literally lost your investment capital when those tokens are getting delisted.Learn from your mistakes and better to find complete decentralized projects in future.

TastyChillySauce00

legendary

Activity: 3010

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Leading Crypto Sports Betting & Casino Platform

It will just do more damage to all the investor and holder. 3 years locked when their trend is downward that's just a big NO Roll Eyes

and I'm sure people with right mind will be angry at them though I doubt they will care about people's opinion.
Considering that even in 1 month a price of a coin could change significantly 3 years is simply insane.In my opinion you're being cheated but that's just my opinion. I think you should find anyway to get back your money otherwise you are just waiting 3 years for nothing basically waste both your money and time into something that probably just gonna makes you disappointed.

carlisle1

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Activity: 2744

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Campaign Management?"Hhampuz" is the Man

Quote from: jajorforce on August 31, 2020, 06:13:27 PM

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)

Wow nice seeing this coin recovered from almost dying,from the ATH of 10$ down to 0.13$ but now upon checking this one goes again to 0.61$ because i use to have this currency but sold it right away when i got mine.
and yeah suddenly weeks after the currency fells continuously and comes to almost dying one.
And i Think this project reached the HardCap before if i am not mistaken that's why i'm so disappointed seeing in the lowest price.

Quote from: gazilla on September 01, 2020, 07:00:34 AM

There are so many coins coming out right know it is hard to keep track, and potentially they are all good that serve a certain point. It is just that some of them fail after a couple of years.

Expect the fails if the project really don't tended to stay for long and just for fast making money things that is trending in altcoins now.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: gazilla on September 01, 2020, 07:00:34 AM

There are so many coins coming out right know it is hard to keep track, and potentially they are all good that serve a certain point. It is just that some of them fail after a couple of years.

It can also fail in the next week or even just a day.
Not all coins that it looks promising, legit project, have a supportive developer could always be the same as from the start. It soon they'll change and their partnership may change as well. It all just Bitcoin and Ethereum are worth reliable for a long-term investment, not those projects that just coming by because it soon they will vanish.

I don't think it was a cheat but it just happened that the market competiton keeps stronger and those weak projects will never win but instead seeing them die.

gazilla

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There are so many coins coming out right know it is hard to keep track, and potentially they are all good that serve a certain point. It is just that some of them fail after a couple of years.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: elda34b on September 01, 2020, 06:38:52 AM

Why don't you sue them or something? It's obviously a fucked up projects run by scammers (or shady team). 3 years of lock-up is just madness when they don't offer anything else.

look at their price chart. in continuous downward motion. dont think they are going to return to their price level 5 months ago. lets see if they can get those companies that will integrate their coin as part of their payment system as it will be announced this 3rd quarter of this year.

Iyeman

sr. member

Activity: 1183

Merit: 251

That's a scam dude. I have been watching all of the stories and all of the swapped coins in the exchange sites were also getting vested for 3 years later.

I think that your friend got small coins caused by no more than 0.5% from the your total token will be released for the first year

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

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

elda34b

sr. member

Activity: 910

Merit: 351

Why don't you sue them or something? It's obviously a fucked up projects run by scammers (or shady team). 3 years of lock-up is just madness when they don't offer anything else.

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

Buddy that altcoin isn't no good altcoins. What you or your friend is holding is just another piece of shit and you better get rid of it before you regret even more. I understand if he'll be thinking of holding since probably he (your friend) probably is already in lost but sometimes it's ok to take some losses instead of losing everything.

When project founders begin to interfere with the price of their project openly (making it very obvious to the community) they just know something is wrong. Why I said openly is because in one way or another each project has their price been manipulate indirectly either with rumours, token burning etc

ancafe

hero member

Activity: 1778

Merit: 746

i just thought that they did some trick to keep investors holding their coins. However, it would be odd to lock it for 3 years. I've heard this project was successful in 2017 or 2018 if I'm not mistaken, and then changed names. Well, if they do the things you mention, I think this project is starting to lose its faith. however, this you can ask directly on their official telegram, regarding the clarity of their program and development.

Topic: Are we cheated by some good altcoins? - page 3. (Read 622 times)