Pages:
Author

Topic: Beware of ieo exchanges - page 12. (Read 7763 times)

member
Activity: 224
Merit: 10
July 01, 2019, 01:57:48 AM
#63
There's a recent accusations about idax exchange scamming project that wanna do IEO on their exchange, I think one needs to be extra careful with the recent surge of IEO
member
Activity: 590
Merit: 39
July 01, 2019, 12:56:56 AM
#62
All bounty haters now should be quiet. IEO tokens do not need bounty campaigns, so there are not bounty participants that can dump the tokens. So why there is also dump that decreases the token value? Because the token is probably useless?

many are still doing bounties and airdrops. people dump cause they need money. whales dump because they usually buy large amounts with a bonus and are able to sell cheap. Then they wait for panic sell and rebuy taking advantage of lower prices. Sometimes the price drops because the volume is too low and some seller decides to dump at any price.
sr. member
Activity: 1204
Merit: 388
July 01, 2019, 12:24:15 AM
#61
~snip~
Many topic like this before, for us by custumer just following those token development. don't only believe of market volume by exchange, it can be revelead time and research first before do something stupid.
member
Activity: 602
Merit: 12
June 30, 2019, 06:46:23 PM
#60
Okay, you miss the boat: now even the smallest exchanges are running IEOs. This is just a new form of ICO, do not take this phenomenon as something... progressive. Not! This is just another way to collect money.  Grin
brand new
Activity: 0
Merit: 1
June 30, 2019, 05:55:47 PM
#59
Don't think any exchange would ever provide 100% right information of their business...it like walking on the sharp knife
member
Activity: 308
Merit: 10
Bitcoin is the future
June 30, 2019, 06:39:14 PM
#59
One has to be very careful these days, scammers will want to hijack anything that seems to be paying to scam people off their money.
If the ieo isn't on binance and few reputable exchanges, I will pass.
hero member
Activity: 1008
Merit: 501
June 30, 2019, 06:35:35 PM
#58
 IDAX scammed several IEOs already. After Binance, I think Kucoin, Huobi Prime and gateio are good and honest. Otherwise, I will not go any other exchange! to buy IEO tokens. Scammers are everywhere, after ICO, IEO trend was very positive for every investor. But scammers are gathering here. Many unknown exchanges are bringing IEOs, even brand new exchanges created a different page for their IEO launchpad! So, it is time to be aware of IEO scammers. All these things will be only helpful for the Binance exchange.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 30, 2019, 06:31:26 PM
#57
Don't think any exchange would ever provide 100% right information of their business...it like walking on the sharp knife

every exchange has their own dark side. what we can do is choose the least evil among them. after all, they are set-up to do business, and the bottomline of every business is the profit that they can gain.
but once they are already doing good with their business, they can now focus in taking care of their reputation. thats how i am looking at bnb. they have the luxury to reject crap projects because they dont need that in their launchpad.
and so these small projects will go to other exchanges that have loose regulations with their ieo...
member
Activity: 490
Merit: 10
June 30, 2019, 06:28:23 PM
#56
I think even for binance IEOs correction for bnb is coming. I am waiting huge dump of bnb in a short  term period. It is insane! 6 month without even a small correction!
full member
Activity: 756
Merit: 100
June 30, 2019, 05:29:39 PM
#55
Don't worry about IEO, just learn from history. After IEO start only one news I got scammed IEO. Now problem is exchange, announce fake rise funds.
hero member
Activity: 1484
Merit: 535
June 30, 2019, 06:22:23 PM
#55
Investing in cryptocurrency has its own risk associated with it. In as much that IEO is currently the trending option to invest in crypto projects, you as an investor are in charge of your own safety. Its high time people spend some time to study and read about projects before they invest in them.  
member
Activity: 378
Merit: 10
June 30, 2019, 06:22:12 PM
#54
Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
This is really one of the major reasons crypto is finding it difficult to reach mass adoption. Exchanges are faking IEO prices which is deceiving a lot of investors out there. I think investors should research as stated more on the exchanges itself as to that of the project.
full member
Activity: 652
Merit: 103
June 30, 2019, 06:04:20 PM
#53
Don't think that you can easily gain some profit from investing your money in IEO project. I've did that, and it did not always make me some profit.  Sad But if IEO price pair with BTC or ETH is going down now, maybe it's because BTC and ETH prices are still raise. So it's not scam at all.
full member
Activity: 854
Merit: 101
June 30, 2019, 05:54:15 PM
#52
I just saw another problem with the IEO.
this happened with the IDAX.PRO and with the team of cryptomarketads.
Not there are some fire in the community due to problem with idax team.

https://medium.com/@info_85454/idax-pro-scammed-crypto-projects-for-up-to-5-000-000-usd-c2d10a0dd14e
member
Activity: 728
Merit: 12
June 30, 2019, 05:50:33 PM
#51
Being aware and careful is a must when going to participate on IEO.  Choose IEO with great and promising projects,  trusted exchange and middle top exchange,  more than one exchange is good enough. Analyse also the exchange on coinmarketcap. It will really help us to determine whether it may be legit or not.
member
Activity: 786
Merit: 10
June 30, 2019, 04:48:35 PM
#50
Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

So i think it must be better to stick only with top exchanges which are good for IEO specially binance, but we could not say the future of this exchanges hence they are all private companies.
hero member
Activity: 2184
Merit: 531
June 30, 2019, 04:30:39 PM
#49
I think we must keep thinking positively in addressing the IEO. Not all exchanges experience such cases. Is there real evidence that bittrex is lying or manipulating? I want to hear from you. Thank you in advance for his advice.

A rule of thumb goes like this: If you have any doubts about the project or its team's actions you should not invest. There are many other ways to invest you don't have to risk your money with projects that aren't fully transparent.

Investing in real and safe projects is a risk in itself because they can lose value. Investing in things you have doubts about is taking additional risk.
member
Activity: 456
Merit: 33
June 30, 2019, 04:00:21 PM
#48
Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

The one that lie about collected funds is Latoken exchange . As i did ask them does the Collected funds bar gets updated automatically and they did answer that they configure it based on devs what they tell them , funny isnt it ? Not sure about other exchanges , but i don't believe Binance or Kucoin lie , as they are really trustable exchanges
Regarding the Binance, I would not be so sure, recently my belief in this exchange has disappeared, for some coins, I see fake orders and fake volumes. So regarding the Binance, I would be very careful. And Latoken is a long-known scam collector.
sr. member
Activity: 1022
Merit: 264
June 30, 2019, 03:52:55 PM
#47
Since the emergence of ieos and it’s success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price

Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project

The one that lie about collected funds is Latoken exchange . As i did ask them does the Collected funds bar gets updated automatically and they did answer that they configure it based on devs what they tell them , funny isnt it ? Not sure about other exchanges , but i don't believe Binance or Kucoin lie , as they are really trustable exchanges
full member
Activity: 560
Merit: 101
June 30, 2019, 03:48:21 PM
#46
Just find a good exchange and this is it. Unfortunately, it does not matter at all how good the project is, because if the IEO is held by Binance, every single token is going to be paid. Take part in IEOs on top 5 exchanges, and you won't manage loses at all.
That's the way it should be, join the IEO in the top 5 exchanges or join in Binance specifically but the hard part in doing so is the process. You have to hold a good amount of BNB before having a chance to got a ticket. Again, sure money if you join but in joining you've got to be lucky to have that ticket, it's like lottery again.
Pages:
Jump to: