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Topic: IEO: A professional scam (Read 760 times)

sr. member
Activity: 1188
Merit: 251
December 09, 2019, 01:47:54 AM
if so, they will only look for new ways to deceive people.
go if you still think of bad effects, then there will be no good things you see. start thinking clearly, because there will be advantages and disadvantages for everyone, you do not answer wisely.
sr. member
Activity: 1190
Merit: 267
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December 09, 2019, 01:16:15 AM
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

maybe there's a point, after there are some tokens that go down in value after listing on the market, but not all of them do, some do develop their projects and use ieo to attract investors, be wise Smiley
sr. member
Activity: 868
Merit: 252
December 09, 2019, 12:21:36 AM
please specify which IEO coins were eventually removed from large exchanges. my question is simple. most of what I see still has a trading volume that is not bad. All new coins will always have a good price at the start, that's true because of the hype.

if now having an unexpected price does not mean they have lost everything, they also need a process to build price progress, coins and exchanges that are still active like this can be considered a scam only because of alleged manipulation of the initial scheme / hype?
hero member
Activity: 1106
Merit: 506
December 08, 2019, 11:04:42 PM
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.

yes I think you are right some of the IEO also commit fraud. exchanges that issue IEO just want to enrich themselves. investing in ICO and IEO projects is indeed very vulnerable to fraud. and it is quite difficult to distinguish between a true project and a scam project. so we must always be careful and do research before joining IEO or ICO projects. or if you are afraid of losing it's better to invest in the top bitcoin or altcoin.
hero member
Activity: 2870
Merit: 594
December 08, 2019, 10:41:40 PM
It is better not allow oneself to get deceived. Yes, I personally do not discourage investing in those projects, but you can limit loss by ensuring you are able to buy at the most advantageous point. Also, do not be greedy when you sight a profit.

Well, people here are greedy, IEO's in the beginning are very profitable but I don't know how long they kept their money on such projects to maximized profits.

But smart investors uses a simply tactic: invest early if you see you have profited already, exit and move to the next project and roll in your capital, simply as that.
full member
Activity: 896
Merit: 108
December 08, 2019, 06:44:33 PM
IEO can be said to be a fraud, if the allocation is not fair, there is no real or developed product, manipulation occurs, and be careful with low-reputation exchanges. ICO and IEO differ entirely only in crowdfunding, and after that the project is fully carried out by the team. what the OP says is true, but at least a large exchange & a good reputation does not allow that to happen. If you are in doubt, be a wise investor who sells it if you already feel enough profit, because what I know crypto-world is filled with manipulation, so take that opportunity.
Thats true. Maybe it's really a game and can be manipulated by the developer and exchange teams, but as long as we can enjoy the benefits, why not? As long as the project is legit and real it is not a problem. my principle, try the opportunity although small, every advantage is a blessing.
member
Activity: 798
Merit: 38
December 08, 2019, 05:51:50 PM
It is better not allow oneself to get deceived. Yes, I personally do not discourage investing in those projects, but you can limit loss by ensuring you are able to buy at the most advantageous point. Also, do not be greedy when you sight a profit.
sr. member
Activity: 641
Merit: 253
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December 08, 2019, 05:00:02 PM
Though you have a point but it is not right all the time. A shit project can't come into Binance or Kucoin and other reputed exchange's launchpad! All the Binance IEO projects look great to me except Perlin! But it's true that people don't go to support those projects, they go to make a profit where I can't blame them! After a significant loss in 2018, IEO helped investors a lot to recover some loss!   
sr. member
Activity: 994
Merit: 257
November 30, 2019, 12:59:43 PM
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
I have always been suspicious of ieos but I never thought about what the exchanges could be doing to benefit from this, but you are right, we know that exchanges are not above lying or cheating their own customers and if they can make a lot of money in a way that doesn't bring them any risk then they are going to do it, and ieos seems like the perfect way to make a lot of money without any risk, and even if they are not engaging in those activities ieos are no different than icos and we know the extremely low success rate those coins have.
sr. member
Activity: 1288
Merit: 253
November 30, 2019, 12:35:51 PM
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
IEO have many way how to make their coin become scam although success sold out and reach maximum selling coin target or listing with big exchange market, but other side after coin listing with market price keep lower than IEO time and always have down without try by owner to buy back and make their coin back to higher price above IEO time.
hero member
Activity: 1386
Merit: 503
November 30, 2019, 12:24:14 PM
It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.
It is true that the IEO organized by the Binance and Kucoin exchange or other large and trusted exchanges will provide a lot of profit and will not guarantee a scam because investor funds will usually be stored by the exchange and will be given to the founder of IEO when the product is released and will quickly enter the exchange place.
if what you say is true, it means it is very good, unlike other exchange places when IEO is finished the money is given directly to the project team, in contrast to the binance that hold/store money investors first before the product is released. Well, after there is a product (product release) binance then gives the money to the project team. wow, binance means providing full guarantees to investors. I have never invested IEO in binance so I don't really know but if what you say is true, it is incredible Binance.
sr. member
Activity: 784
Merit: 251
November 30, 2019, 11:21:23 AM
IEO can be said to be a fraud, if the allocation is not fair, there is no real or developed product, manipulation occurs, and be careful with low-reputation exchanges. ICO and IEO differ entirely only in crowdfunding, and after that the project is fully carried out by the team. what the OP says is true, but at least a large exchange & a good reputation does not allow that to happen. If you are in doubt, be a wise investor who sells it if you already feel enough profit, because what I know crypto-world is filled with manipulation, so take that opportunity.
TWW
full member
Activity: 1456
Merit: 109
November 30, 2019, 10:58:12 AM
It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.
It is natural that Binance, Huobi and all other solid exchanges that carry out IEO, because the exchange-excange is able to provide full guarantee of success to the project, and very different from a small exchange, where they are not able to provide full guarantee of success to the project.
the investor community in large exchanges is very qualified to do IEO. because trust in the assets traded there is indeed very large from the community. I think all investors will think smart by choosing investment in the best project. and good projects must be able to find good exchanges to support their success.
sr. member
Activity: 1077
Merit: 250
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November 30, 2019, 10:31:48 AM
Well, this makes sense. They can easily do this with the money they get from selling tokens on the exchange, then they work with the exchange to do the pump scenario at the beginning, and they will dump it massively after investors think of holding the token for a long time. The method is fairly sneaky in the investment business and clearly this is a very planned fraud scenario.
in other words, the market exchange that provides a place for IEO works with the project team to deceive investors and if there is an opportunity, they do a volume manipulation to make it look promising (pump and then dumped). Wow, that makes perfect sense. (just realized and shocked)
So far I have only been suspicious of the IEO project, but now that I thinking back, it turn out there is a big possibility that the market exchange get involved too. what a great business, everything is a fraud. fck!
if you use that logic, so you will assume that all crypto is in manipulation too. look at most crypto, those are just pump and dump scheme
even Bitcoin, which is the best crypto, is also pump and dump scheme. How can the coin get pumped from $ 3,700 to $ 19,000 just in 4 month?
then dumped from $ 19,000 to $ 6,500 in 2 months. isnt it manipulation too?

Remember mate, this is cryptocurrency. which has low liquidity and deregulation.
just take it to our own sake. volality =profit
full member
Activity: 1148
Merit: 101
November 30, 2019, 09:29:27 AM
#99
It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.
It is natural that Binance, Huobi and all other solid exchanges that carry out IEO, because the exchange-excange is able to provide full guarantee of success to the project, and very different from a small exchange, where they are not able to provide full guarantee of success to the project.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 30, 2019, 08:35:04 AM
#98
It is nothing more than paid listing, thats why only Binance, Huobi and all other solid exchanges are doing IEOs. A coin will be directly listed on this exchange, which gives a huge advantage for IEO participants.
It is true that the IEO organized by the Binance and Kucoin exchange or other large and trusted exchanges will provide a lot of profit and will not guarantee a scam because investor funds will usually be stored by the exchange and will be given to the founder of IEO when the product is released and will quickly enter the exchange place.
sr. member
Activity: 714
Merit: 254
November 30, 2019, 08:29:06 AM
#97
What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.
Straight to the point.

Investors are investing not for the project but for the profits that they can get to an IEO. I also thought of this long time ago since the IEO's are existed. I know that exchanges will take advantage into it to get more profits aside from the profits that they get from the traders. Now in order for a project to be a "successful" one, they must launch it on a popular exchange.

Can somebody say here what IEO project became successful already (what I mean successful is their price right now is higher than its original price in IEO)?? I don't think that their are even those IEO's that launched in Binance are now below its original price

That's why no matter how much cheap the price is and no matter where exchange they conduct their IEO let's remember that it will be always depends on the team how they are going to push up the price, because most of the time project don't care about the price anymore once they got enough fund with how much they raised. Sad truth but we need to be clever always.
legendary
Activity: 2576
Merit: 1043
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November 30, 2019, 08:09:48 AM
#96
What I am trying to say is that even as investors in IEOs, you heart was never in the right place, it wasn't about the Tech or the project, it was basically about the profit and if the shittiest project gave the highest profit, it would have been seen as a resounding success and this is exactly what the exchange's did as well in order to maximise their profits, the basic problems are we the investors, we are the ones who allowed it all to happen.
Straight to the point.

Investors are investing not for the project but for the profits that they can get to an IEO. I also thought of this long time ago since the IEO's are existed. I know that exchanges will take advantage into it to get more profits aside from the profits that they get from the traders. Now in order for a project to be a "successful" one, they must launch it on a popular exchange.

Can somebody say here what IEO project became successful already (what I mean successful is their price right now is higher than its original price in IEO)?? I don't think that their are even those IEO's that launched in Binance are now below its original price
member
Activity: 742
Merit: 16
November 30, 2019, 01:45:07 AM
#95
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
Pal you don't know what you are saying, after good returns from binance IEOs few weeks ago all IEO projects from binance start pumping again, i can't say about other exchanges but i trust binance, they focus more on been the best exchange
sr. member
Activity: 1456
Merit: 267
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November 30, 2019, 01:40:05 AM
#94
I don't know why people are like these, they complain when things go wrong but in the first place it is their fault to get involved in a scam. If you are a newbie or a clueless experienced investor about something then you should not jump into it because it is a very risky move and you should fix yourself by getting education to avoid wasting money and time in a scam project.
Indeed. You need to workout with your knowledge and not to fall right away and invest your money. Don't be move by any hypes as no one will be blamed once you mistakenly invested your money to any scam project inside this market. It's you who needs to investigate and study every information about the project to put your investment. failing to do your research will put you to a higher risk of losing your money.
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