Topic: HOT (HOLO) scam ? (Read 350 times)

Not necessarily it is a scam. It’s true that prices can upset us but after all, it’s a normal stuff when it comes to trading. Wait a bit.

A lot of altcoin has dropped 10-20 times in the past year. Most of them are good and potential altcoin, the market is actually killing altcoin and only BTC survives

Most altcoins dropped last weeks due high bitcoin dominance. Completely normal.

one of HOLO (HOT) devs said that they are dumping tokens !
 price already falled to 7 and maybe it will crash to 6 by tomorrow

Lowering the price doesn't prove that coins are shit. Market correction is carried out for a long time and the developers can not change the price of the coin if they do not have financial support.

Holo is not a scam consider the team is still active developing the product. The main reason why holo always going down due to the crap product. So many blockchain and holo can't compete to attract the demand and when the dev is not so active to give big update that can bring FOMO and holders will be going out. this cycle happened with not only holo but almost all of altcoins.

LOL, the price drops does not mean the coin is a scam.
at the moment almost all altcoins are decreasing and we all know the cause is bitcoin, I think it's natural,all we need is patient until altcoin recovers.

People are thinking like that, sadly but it's the fact. When they bought a token and price goes down, they will blame the dev or calling that token is scammed them.  On other hands, when price going up, they will quiet because they are happy to earn some money through their investment.

He has to remember that HOLO started at 8 sats based on the price listed in coinmarketcap, it just rise and had a great uptrend but now it started to fall back again.  PundiX is even worst, from almost 200 sats and now trading only at 5 sats, but people don't see it a scam project.

hey bro, it's not like that how trading works.
well , first i am curious what kind of people say some good project like HOT its a scam project.
then after i see ur last post, i know u bought some HOT at 12 sat because a few weeks ago u see the prices is 30 sat.
but ur prediction going wrong and now it just 10 sat, then u say its a scam project ?
r u serious about it ?
even u blame more coin like DENT,NPXS ?

In your opinion, which altcoins do many times discount will be scam? If so, even top coins like ETH or XRP will sometimes be called a scam. You just need to check their community, if the news is still updated daily, the website is still active, github is updated regularly, it is still an active project.

All these coins mentioned belong to good projects and are listed on big exchanges like Binance, there is high trading valume of all these coins. Even if we talk about their price I have seen their price growing like anything. HOT and NPXS gave me good profit once. If these coins are backed by sound projects and trading on bigger exchanges then how one can call these coins/project as scam. If price dump is only the definition of calling a coin scam as per thread starter then Bitcoin may also be called scam as its price dumped from $19000 to $3500 once.There is no logic behind calling such a highly traded volume coins scam.

Are you sure with your accusation?
HOLO (HOT) is one of the altcoin that is in the top 47 in the Coin Market Cap. Do you accuse this altcoin only based on the dropped price? Are you kidding me?
This is a trusted coin, it has around $3,307,795 trading volume and 133,214,575,156 HOT of the circulating supply. It is also great enough to be in the top 47. The dropped price of altcoins is something normal and sometimes it can drop to more than 5%. That is why we must not accuse such a coin to be a scam if only based on the dropped price.

I think OP loss a lot of funds in trading or other else, then he called all the project is scam depend on price rise or drop, look like OP not suitable to invest in high risk investment like cryptocurrency, better quitted now and won't loss more funds or go to learn more knowledge about cryptocurrency.

This kind of advice/rhetorical question could be misleading sometimes. Just because it's cheap doesn't mean you should buy it. There are tons of dead coins out there with a price in between 1-100 sats. Should you buy it? No.

Holo is overhyped. Being shilled in many groups but their token utility is not yet ready. To put it simply, that's the bubble. Especially after BTC start moving and destroying every alts out there.

OP scenario is possible but doesn't mean that's what happened. Find the dev wallet as mentioned above, and see their tokens movements. That's the only way to see it. And remember, every project has a vesting schedule, so it's normal if at one time or another they'll start moving their tokens and sell it.

Here's the coin https://coinmarketcap.com/currencies/holo/, it's currently 47 in the top 100, so I'll consider this as a popular coin.
Also, it has a decent volume and traded in different market such as Binance.

never heard of it.

What a Baby!!! Didn't your momma teach you the concept of Profit and Loss? If not then let me teach you.

Profit and loss are part of every business. You will lose money sometimes and you will also make money sometime. It does not mean you go rattling everywhere that the project is a SCAM. If you think that the project is a SCAM then sell it.

Why come in this forum and cry like a Baby. Idiot  

If i were to give someone a crypto investment advice right now i will tell the person to buy HOT,PundiX and DENT because they are good project and they are very cheap right now,you cant say a project is bad because they lose value this is something we see in crypto space most times,lose in value will always happen

What kind of question is this? your only basis of calling a coin a scam is because the price has dump?
You must have bought it when it pumped so you are complaining now, come one, be realistic, the market is so volatile ever since, and it's part of the volatility.

I have all of them in my portfolio and I can tell you they are not scam.
They are dump because the market is of altcoins are not bullish yet, and I can say that's pretty normal in the crypto space.

Just look at ETH, after it reached $1300 as its ATH, it was down to as low as $86 before it started to recover, and ETH is not scam.

It only take time, just hold and wait, that's how games are played here.

Have you confirmed the official group?
is there a response in that group? and what about the group's activities?
You have to be careful what you say, this includes FUD, and I think this can offend some people who might believe and even know more about you than the development of the coin,
I even wonder, how can you believe and conclude so quickly by just looking at the price?

There are two coins with the ticker HOT, you should be specific if you think it is you should post your evidence and proof that they are indeed dumping their share and they are scamming people, the price drop has so many reasons, one of these is whales dumping their shares, they still have a good volume, if you are not comfortable with this coin anymore, you can sell it.

Why don't you just look on the blockchain for big movements of this wallet. All you need really is the devs wallet. Then you can see how much they have potentially sold. The price if the token or coin is not fully in the devs hands. The Devs can bring the horse to the water but the horse must drink on its own.

What if you run a project and it the price didn't do so well and people said your coin was a scam since the price dropped? What if the project is legit and you believe in it? I would only say scam if the Devs just run away or lose interest or if the devs wallet has large movement in it.

If a coin is cheap then why not invest? Why must the price going down be a bad thing right away?? Maybe other people are yet to discover the project and others who dont understand it are dumping and will shoot themelves in the foot. What about the people who sold their bitcoin as like $12??? There are many reasons. Don't be so quick to call scam. Think about how you would feel.

They are all not scam but they are all failed to deliver a good product that gives new hope to the investors and that's why investors are dumping it right now consider the investors have not yet seen real value from the product created by those platforms.
Those platforms are full of gimmick only and no more. their product doesn't deserve the real value because it can't even give benefit to the investors.

just because the price down from 30 sat to 10 sat in a week you said this project was a scam mate
you can see here,, https://coinmarketcap.com/currencies/holo
holo still stand at the TOP 50 on coinmarketcap my friend, and i think this project isn't a scam
but, i don't know about DENT and NXPS

this makes no sense, I think that holochain is one of the best projects out there.
all the alt market is still down, it's a good time to accumulate more coins now.

NPXS - PUNDI X

1   Bitrue   NPXS/USDT
2   LATOKEN   NPXS/ETH
3   Binance   NPXS/ETH
4   Binance   NPXS/BTC
5   Upbit   NPXS/KRW
6   Hotbit   NPXS/BTC
7   Bitrue   NPXS/XRP
8   Exrates   NPXS/BTC
9   Vebitcoin   NPXS/TRY
10   Hotbit   NPXS/ETH
11   Bitrue   NPXS/BTC
12   Exrates   NPXS/ETH
13   Huobi Global   NPXS/BTC
14   ProBit Exchange   NPXS/KRW
15   KuCoin   NPXS/BTC
16   Bittrex   NPXS/ETH
17   Huobi Global   NPXS/ETH
18   KuCoin   NPXS/ETH
19   Bitrue   NPXS/ETH
20   BKEX   NPXS/ETH
21   Bittrex   NPXS/BTC
22   Sistemkoin   NPXS/BTC
23   Sistemkoin   NPXS/ETH
24   Bittrex   NPXS/USDT
25   Sistemkoin   NPXS/TRY
26   VinDAX   NPXS/BTC
27   Indodax   NPXS/IDR
28   ProBit Exchange   NPXS/BTC
29   VinDAX   NPXS/ETH
30   Kyber Network   NPXS/ETH
31   WazirX   NPXS/USDT
32   Upbit   NPXS/BTC
33   ProBit Exchange   NPXS/USDT
34   IDEX   NPXS/ETH
35   Livecoin   NPXS/BTC
36   COSS   NPXS/COS
37   DDEX   NPXS/WETH
38   Cat.Ex   NPXS/BTC
39   CoinBene   NPXS/ETH
40   WazirX   NPXS/BTC
41   CoinExchange   NPXS/ETH
42   Alterdice   NPXS/ETH
43   Alterdice   NPXS/BTC
44   CoinExchange   NPXS/BTC
45   CoinBene   NPXS/USDT
46   LATOKEN   NPXS/BTC
47   Bit-Z   NPXS/BTC
48   Tidex   NPXS/ETH
49   Tidex   NPXS/BTC
50   Bit-Z   NPXS/ETH
51   WazirX   NPXS/INR
52   DigiFinex   NPXS/BTC
53   COSS   NPXS/ETH
54   COSS   NPXS/BTC
55   Cat.Ex   NPXS/ETH
56   LocalTrade   NPXS/BTC
57   LocalTrade   NPXS/USDT
58   LocalTrade   NPXS/USD   
59   Bithumb   NPXS/KRW
60   ABCC   NPXS/ETH
61   EtherFlyer   NPXS/ETH
62   Cashierest   NPXS/KRW
63   Bitbns   NPXS/INR
64   Allbit   NPXS/ETH
65   Coinnest   NPXS/KRW
66   ABCC   NPXS/BTC
67   CoinPlace   NPXS/BTC

Is this kind of coin that you say is a scam. If so, then there is no good coin for you.

I am really mad seeing this kind of bullshit too, in many social media or forum. You will see them screaming like a baby because the price went down.
it is very basic in cryptocurrency because there is nobody backing it. We can say it is scam after the team runs away with their money, but in here. They do not.
this guy might think the price will go up forever and stop moving up until he sells his bags.

The fact that a coin dumped doesn't mean it's scam, get your facts right.  HOT, DENT, NPXS you mentioned are very solid projects with wonderful products already in use to an extent. I remember paying for browsing data with DENT app so why call them scam? I think now is even the time to accumulate some of those coins at dip, there might come a time when you won't be able to chase the uptrend.  Let's stop the FUD already.

Are you basing your opinion on the price of altcoins? If so, then almost all projects whose price dumped are scams.
You should atleast have something more than that before you can say a project is a scam.

Hi guys
do u think that HOT devs scamming peoples and they are responsible for price dump ?
HOT price dump from 30 sat to 10 sat in few weeks
and not only HOT i think DENT and NPXS are scam and shit coins too