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Topic: Beware of lying project team - page 6. (Read 945 times)

hero member
Activity: 2366
Merit: 594
May 13, 2020, 02:33:09 AM
#91
Most investors base the project's legitimacy depending on where it is listed. One of the reasons why a lot of investors are getting scammed. Getting listed on top exchange doesn't mean that a project is safe.

If a team cannot even do what they have promised to their community or keeps on making excuses this is already a flag that you should not yrust such team who lacks professionalism or dedication to the project.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 13, 2020, 02:31:07 AM
#90
Deep project research is needed before investing in any. Got a couple of 'tokens' worth nothing/listed nowhere so can't even sell those for a penny at least.
Yes, and investors are now also doing research on projects that they will invest funds, investors are not stupid in giving their money, so regarding research on projects is a common thing for everyone, including investors.
copper member
Activity: 406
Merit: 1
May 13, 2020, 02:25:30 AM
#89
We really need to beware with such promises like that. Never believe it until we see an official statement from the exchange. Many projects defraud investors by promising that their coin will be on big exchanges. Although that they do have a plan to do that, don't believe, wait for a announcement from exchange.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
May 13, 2020, 02:05:04 AM
#88
it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.
Why did you mention Yobit? This is a scam exchange so you should refrain from mentioning it. All exchanges in this market work the same way, which is that they need 3-5 days' notice to list the tokens.
He didn't know if yobit was publishing its own token and that's why yobit is always updating the token sale that happened on its own exchange site. yobit was getting money from sold the crap token that available on yobit launch pad.
newbie
Activity: 106
Merit: 0
May 13, 2020, 12:21:37 AM
#87
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Deep project research is needed before investing in any. Got a couple of 'tokens' worth nothing/listed nowhere so can't even sell those for a penny at least.
full member
Activity: 812
Merit: 100
May 12, 2020, 10:52:44 PM
#86
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Those kind of informations are only a way to attracting people to come into their project.
Speculators will buy their coin to sell it on binance or okex or other big exchange, and grab quick profit from it.
Just ignore that info if you get it from the team, big exchange like binance usually doesn't disclose the listing of coin.
jr. member
Activity: 79
Merit: 1
May 12, 2020, 01:34:02 PM
#85
Nowadays, Investors are becoming brighter enough days and starting to notice and research before investing these type of projects. Investors don't belive until they saw listed to any renewed exchanges. This is a good observation tactics for new Investors . A investors must think and do research that whatever projects he investing before getting some loss .

full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
May 04, 2020, 12:00:22 AM
#84
it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.
Why did you mention Yobit? This is a scam exchange so you should refrain from mentioning it. All exchanges in this market work the same way, which is that they need 3-5 days' notice to list the tokens.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
April 30, 2020, 04:36:30 PM
#83
Hahaha, this is actually true as I have come in contact with many of them but forgetting the fact that Binance does not even appreciate one announcing them before listing. Most do you that medium to get on investors. Wise up guys as many of them will get the funds and run or bring discussions that will eve give you the right answer that they want to run.
sr. member
Activity: 1568
Merit: 283
May 03, 2020, 11:58:18 PM
#83
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
When an exchange is announcing that they are getting listed on a big exchange people should be very sure about it, and shouldn’t quickly agree to it when they have not confirmed it yet. Just like explained by someone, exchanges don’t reveal such information and the team shouldn’t also be making that kind of announcement, if they do, then they are probably trying to mislead people and make them believe that they are getting listed on a big exchange and at the end it will be something else.

Not just the case of exchanges, everywhere projects are trying to mislead their investors with fake promises. If we notice at least one then we should report that project to this community and must avoid them there after.
hero member
Activity: 1680
Merit: 506
Trphy.io
April 30, 2020, 04:09:46 PM
#82
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Some projects provide unreliable listing information because there is no announcement from the relevant exchange party. In this context, we can conclude that the project only uses the name of a large exchange to attract investors, so we must be careful with projects that offer sweet talk but cannot be accounted for.
sr. member
Activity: 1652
Merit: 262
May 01, 2020, 01:32:13 AM
#82
it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.
member
Activity: 868
Merit: 16
May 01, 2020, 01:30:55 AM
#81
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Although the project will be listed on the reputable exchange it doesn't mean the coin will have high price on the exchange, even if the coin has a high price but it will just take a momment and the price will go down at the end. Just choose a coin/token with the real use case factor, you will comfortable when you choose the factor for investing. Although the coin is not listed on the top exchange but the coin have real use case I think you just need to hold it for several times because sooner or later the top exchange will try to list it.
newbie
Activity: 33
Merit: 0
May 01, 2020, 01:22:43 AM
#80
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

We must really be wise before believing on such claims from projects because it is obviously some of their tactics or strategies to caught the attention and interest of the potential investors and bounty hunters to get into their project. Do not be easily deceive on those words. Better to see it right after the project promotion because proof will speak for itself and then that will be the time you must believe on its authenticity. Claims are just plain words to attract people. It is still the best to see it right before your eyes that they are already listed on a top exchange before you believe on such claims. If project developers are getting wise on announcing that their token will be listed on a top exchange, then be a wiser individual not to easily believe on such claims until such it was already proven true.
Even if participation in some project does not involve paying them - its still highly important not to give them personal data so they can't sell it afterwards.
I actually think that those scammers who pretend to be quality project are slowly killing crypto industry because one day every investor will be too anxious to put his money into another scam high risk project and our industry will stuck on one spot.
hero member
Activity: 1750
Merit: 589
May 01, 2020, 01:10:37 AM
#79
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

We must really be wise before believing on such claims from projects because it is obviously some of their tactics or strategies to caught the attention and interest of the potential investors and bounty hunters to get into their project. Do not be easily deceive on those words. Better to see it right after the project promotion because proof will speak for itself and then that will be the time you must believe on its authenticity. Claims are just plain words to attract people. It is still the best to see it right before your eyes that they are already listed on a top exchange before you believe on such claims. If project developers are getting wise on announcing that their token will be listed on a top exchange, then be a wiser individual not to easily believe on such claims until such it was already proven true.
full member
Activity: 826
Merit: 104
April 30, 2020, 03:48:14 PM
#78
Yeah, another project that shouldn´t be trusted because they scammed their bounty participants is - BlockBurn. I do not understand how project could continue when they deceive own community  Roll Eyes.
Why do you think it's a reliable project? They are just a small project and implement IEO in a small exchange Chainx. And I was not too surprised when they scammer bounty, the project manager was a stingy and despised bounty hunter in the early days. And now their project is dead because all developers have left this project
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
April 30, 2020, 03:33:48 PM
#77
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
If they are listed at big exchanges like Binance, OKex ... then I think they have to keep it a secret until official notice from the exchange. They are not allowed to disclose it because it will cause the price of the token to be manipulated. That is the rule of large exchanges in listing
full member
Activity: 784
Merit: 101
April 30, 2020, 03:31:31 PM
#76
Yeah, another project that shouldn´t be trusted because they scammed their bounty participants is - BlockBurn. I do not understand how project could continue when they deceive own community  Roll Eyes.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 30, 2020, 12:51:05 PM
#75
The only thing that we can do is be careful, and we need to search for more information so we can avoid the scam project. Although it is difficult to find the scam project or not, we should not give up, and we should try no matter it is hard. But if the project can pass every phase in their plan, and they can transparent to the public, I think that project can be the one project which can be a success. But once again, it is so difficult to find the scam project. It is better to choose the other project that already has a good history at the market than to select the new project if you doubt that project will get success.
full member
Activity: 896
Merit: 115
April 30, 2020, 03:15:12 PM
#75
Usually majority of the top exchange don't disclose listing of any project until it happens. So if any project is using listing on a top exchange as a marketing means then it's easy to learn that it's fake and such project should not be considered a serious one.
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