Bittrex cancelled RAID IEO Offering at the last minute. - page 2.

MrPiggles

sr. member

Activity: 980

Merit: 256

Decentralized Ascending Auctions on Blockchain

Quote from: The Cryptovator on March 14, 2019, 01:05:43 PM

Just noticed from Bittrex Twitter they cancelled their RAID IEO offering.

I am not sure or they didn't explained yet why they change their mind at the last minutes. But I believe they take good decisions. Because people's believe on Bittrex, not on ICO in my opinion. But I think that decision will effect on their trust also. There many questions could be raise, why they had chosen this project without verify everything? And why they decide to cancel again ?

According to Bittrex they will explain more briefly. Let's see what about their explanation.

This is a guarantee for their investors. Bittrex is always a safe exchange for everyone and a RAID cancellation will make Bittrex more prestigious. Personally, I still don't like this project because in fact they don't have many communities and their website was only built a month ago.

Tamilson

hero member

Activity: 1022

Merit: 503

Looks like bittrex trying to catch up with binance as so they also launching IEO though oddly part is maybe they later found out that RAID is just another scampany.

Quote from: JeromeTash on March 14, 2019, 06:40:08 PM

Freezing people's accounts was so annoying i also stopped using it for that reason but when it comes to faking volumes, I think bittrex does not do so just like binance. They are big exchanges and don't need to spoil their reputation.

And freezing the accounts triggered its customer to pull out their funds and switch on the other sites. I remember that they freeze the account without informing first hence did an announcement, geez this has gotten to our nerves back then.

stomachgrowls

hero member

Activity: 2982

Merit: 790

Quote from: BitHodler on March 14, 2019, 06:20:15 PM

Quote from: The Cryptovator on March 14, 2019, 02:52:55 PM

Disagree with your point. As far as I know Bittrex never show fake volume and that's why we are thinking that is small exchange. They don't pump dump themselves like Binance but do you think it is a good practice. Pump dump better for whales only, I don't like pump dump. Mostly small traders lose their fund like us on their pump dump HYIP scheme. At this point I think better Bittrex for small traders.

Bittrex used to be the main pump and dump platform before they started to close and freeze accounts. It was the number one exchange for a while based on volume, and now it's Binance.

I doubt that Binance is faking volumes, because they don't need it. It's the most popular platform out there where people trade because the rest of their internet buddies trade there. Who trades on Bittrex?

I don't like pumps and dumps either, which is why I don't participate in them, but hundreds of thousands of other traders do like them, and the best place for this is Binance right now.

Bittrex days is over and now on the current position is Binance.They are actually the same when they are still on their glory days. Pump and dumps is always been there
even on Bittrex.
People would always choose up on exchangers basing popularity doesnt matter if it do fake volumes or whatsoever as long it is suggested by their friends or commonly used by the community. Grin

JeromeTash

legendary

Activity: 2254

Merit: 1236

Heisenberg

Quote from: BitHodler on March 14, 2019, 06:20:15 PM

Bittrex used to be the main pump and dump platform before they started to close and freeze accounts. It was the number one exchange for a while based on volume, and now it's Binance.

I doubt that Binance is faking volumes, because they don't need it. It's the most popular platform out there where people trade because the rest of their internet buddies trade there. Who trades on Bittrex?

Yes, it used to be a pump and dump platform, and they failed to manage that issue very well, that's how binance over took them. Freezing people's accounts was so annoying i also stopped using it for that reason but when it comes to faking volumes, I think bittrex does not do so just like binance. They are big exchanges and don't need to spoil their reputation.

It's small budding exchanges that do try to fake volumes.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: The Cryptovator on March 14, 2019, 02:52:55 PM

Disagree with your point. As far as I know Bittrex never show fake volume and that's why we are thinking that is small exchange. They don't pump dump themselves like Binance but do you think it is a good practice. Pump dump better for whales only, I don't like pump dump. Mostly small traders lose their fund like us on their pump dump HYIP scheme. At this point I think better Bittrex for small traders.

Bittrex used to be the main pump and dump platform before they started to close and freeze accounts. It was the number one exchange for a while based on volume, and now it's Binance.

I doubt that Binance is faking volumes, because they don't need it. It's the most popular platform out there where people trade because the rest of their internet buddies trade there. Who trades on Bittrex?

I don't like pumps and dumps either, which is why I don't participate in them, but hundreds of thousands of other traders do like them, and the best place for this is Binance right now.

The Cryptovator

legendary

Activity: 2282

Merit: 2196

Signature Space For Rent

Quote from: mindrust on March 14, 2019, 01:38:04 PM

Bittrex is a small shitty exchange compared to binance, they must have realized it.

Disagree with your point. As far as I know Bittrex never show fake volume and that's why we are thinking that is small exchange. They don't pump dump themselves like Binance but do you think it is a good practice. Pump dump better for whales only, I don't like pump dump. Mostly small traders lose their fund like us on their pump dump HYIP scheme. At this point I think better Bittrex for small traders. They cancelled IEO means they are trying to protect their investors and traders. I don't like Binance Launchpad, because general are not able to buy their ICO token. Most likely they hold most of part that token.

mindrust

legendary

Activity: 3276

Merit: 2442

Bittrex is a small shitty exchange compared to binance, they must have realized it.

Not every exchange has the same pump/hype power as binance.

If an IEO from bittrex fails, it would damage the reputation of the exchange beyond repair.

madfox11

hero member

Activity: 1460

Merit: 573

Most likely that RAID project is a scam

Exchange reputation is more important than money

look at this information

https://ru.op.gg/

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Definitely sucks that Bittrex cancelled the listing last-minute, but if things happened as the member above had posted, Bitmex might not be in the wrong as much. Also looking forward to what sort of explanation Bittrex will release; I considered using the exchange a few months ago but this might change my mind somewhat. I know several people that claim Bittrex is mostly a legit exchange with real volume and such, this’ll definitely have some sort of impact on the trust people have on the exchange.

vit05

hero member

Activity: 672

Merit: 526

But they explained, the Raid team made some modifications a few hours before Bittrex started the offer. In addition, there are several doubts about the legitimacy of the RAID team. I would not invest in this project. It would be the first project launched by the platform, would be disastrous for Bittrex if it was not a good project.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Its usually the funds that are the cause of issues like this. Maybe the team asks for the funds to be issued right after the IEO or perhaps about the percentage bittrex would get. This is just me talking though. This is just my opinion.

Bittrex have done this before during 2016 as far as I can remember they did it with DAO and some casino coin back then so they know a lot about IEO which its not what its called also during that time.

The Cryptovator

legendary

Activity: 2282

Merit: 2196

Signature Space For Rent

Just noticed from Bittrex Twitter they cancelled their RAID IEO offering.

I am not sure or they didn't explained yet why they change their mind at the last minutes. But I believe they take good decisions. Because people's believe on Bittrex, not on ICO in my opinion. But I think that decision will effect on their trust also. There many questions could be raise, why they had chosen this project without verify everything? And why they decide to cancel again ?

According to Bittrex they will explain more briefly. Let's see what about their explanation.

Topic: Bittrex cancelled RAID IEO Offering at the last minute. - page 2. (Read 283 times)