Topic: Is POW token a scam? - page 13. (Read 8008 times)
If indeed this new token can be traded in the month of December I think you should be patient to wait until the month of December. it may be the token you mean is in the distribution by the ICO so hopefully this token is not a scam so you do not get a loss if you are doing investment activities therein. indeed it usually requires a long process in the distribution of tokens that are being distributed by the ICO it is based on what I've experienced for the distribution of tokens I invested on the developer of a project.
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
The coin may have some people backing it though what the developer plans is what the people in the community gets. I think that you should just store the coin and not cash them out until the price is above the investment amount. it is early to say what it is. they have written that we'll be able to sell our tokens in December, only that time we will understand what is it all about.
Do you think you will sell the tokens straight away once it becomes available?
I don't know if this is a scam coin or not but what I do know is that prices for tokens, coins even Bitcoin fluctuate. So the fact that the price has dropped is not enough evidence that a token is a scam. I say do your due diligence.
Hmm....but the huge change in price happened within 5 mins after applying hence raised the my alarm.
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money.
I don't understand how somebody giving you money would result in you calling it a scam
I don't understand how somebody giving you money would result in you calling it a scam
+1,
Every coins and tokens in real world are valueless, the value is only defined by the community. If no one would want to buy bitcoin, it's price too will reach zero.
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money.
I don't understand how somebody giving you money would result in you calling it a scam
I don't understand how somebody giving you money would result in you calling it a scam
I have also registered like many of you and I'm also wondering what is that really, is it scam or not. I hope it is not.
it is early to say what it is. they have written that we'll be able to sell our tokens in December, only that time we will understand what is it all about.
hard to say yet... the airdrop mechanism is wierd, but it could protect the price for a while. you cant sell the airdropped coins yet anyway. we will se what the price will do when (if) people are able to sell those coins, till then, dont panic
I don't know if this is a scam coin or not but what I do know is that prices for tokens, coins even Bitcoin fluctuate. So the fact that the price has dropped is not enough evidence that a token is a scam. I say do your due diligence.
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
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