New projects plan from the very start

wxa7115

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Bitcoin is GOD

Quote from: SistaFista on September 26, 2019, 08:53:11 PM

Listing the coin on shit exchange is like killing the project i guess.
It will be a waste if a good project with a good amount of money raised, listed on no good exchange.
A good project should list their token on a good reputable exchange as well.

That is definitely a bad sign, however many people do not see it that way because they are desperate to be able to trade their coins in any platform regardless of the reputation of the exchange in which the coin is being listed, so whenever this happens you can see that people are really happy and they begin to make all kind of speculations about what the future of the coin will be and as you may guess since they are investors of that coin most of the time they think they will get huge profits.

But what will happen is that those that are holding huge amounts of that coin are going to do everything in their power to get out of it as fast as they can crashing the price of the coin and the hopes of all of those that invested in that project.

OasisDre

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Activity: 532

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The fault is all on the developers, after raising huge money from ico or ieo they end up listing on bad exchanges, would be better even if half of the money they made are been used to list on good exchange, even if production become very slow atleast liquidity will be alive

jmigdlc99

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Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

You got it spot on sir. That seems to be exactly how every scam ICO or coin operates. The sad part is that people never learn and always fall for the hype. The only thing we can do is keep posting things like these so that hopefully more people will be aware and avoid these scams like the plague.

So here is a bump for you good sir! Keep it up.

gensol

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You're right. They collect IEO or ICOs money, stash their pockets lost on exchange without liquidity on the first day of listing, project dies off gradually communication stops on all social media outlet.

coin-investor

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Leading Crypto Sports Betting & Casino Platform

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Yes, it is, they are very good at it in fact they planned it months before they launch their ICO, this what makes investing in ICO so hard now, you never the project looks very good, the marketing is great everything looks ok, until they got funded and stop updating their investors and supporting and makes you wonder, why when this is one looks legit.

terrorJR

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Activity: 1302

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Quote from: mamahdedeh on September 26, 2019, 10:44:16 PM

Quote from: leatutz on September 26, 2019, 04:12:06 PM

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.

but indeed strangely there are still many who are interested in the promotion system. many of the investors are fooled that way. many of them are new investors so they don't know about the dev strategy used. in the hope that the price at the time of listing will be the same as the IEO price and they are already profitable with a discount, but it turns out that the dump price is very deep

That is what I often see when I enter the stock market instead of in accordance with expectations, I better look for an IEO that has no bonuses but is stable when on the exchange.

aioc

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Activity: 2926

Merit: 567

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Yes that's true planning is several months before, but there are a lot of instances that they are in a hurry to create crowdfunding, even to the extent of copy-pasting their whitepaper and doing photoshopped their team members and they include experts without permission.

At this point in time, you cannot pull out a scam project without making your project looks very good in the eyes of the investors.

mamahdedeh

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www.cd3d.app

Quote from: leatutz on September 26, 2019, 04:12:06 PM

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.

but indeed strangely there are still many who are interested in the promotion system. many of the investors are fooled that way. many of them are new investors so they don't know about the dev strategy used. in the hope that the price at the time of listing will be the same as the IEO price and they are already profitable with a discount, but it turns out that the dump price is very deep

acdc

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Activity: 939

Merit: 256

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Exactly. This is how the current new project works. Try to attract the attention of investors and after completing the IEO they will disappear slowly and exit scam

SistaFista

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Activity: 1638

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Hexhash.xyz

Listing the coin on shit exchange is like killing the project i guess.
It will be a waste if a good project with a good amount of money raised, listed on no good exchange.
A good project should list their token on a good reputable exchange as well.

leatutz

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Activity: 523

Merit: 100

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.

manok jepang

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Activity: 776

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PredX - AI-Powered Prediction Market

It is undeniable that so many new altcoins have emerged so far, the potential for fraud in the guise of altcoins (investment, ICO and market trading) is also huge. With a total cryptocurrencies of 2,899 and Market trading of 20946 (source: https://coinmarketcap.com) it is possible to trigger trading activities based on price manipulation in order to obtain profits made by certain groups.

zenhu

sr. member

Activity: 645

Merit: 266

I think they have planned this from the beginning, which mean that is flow chart for a scam project. We know that devs are people who understand about crypto, then they using their knowledge to get money from innocent investors or newbie.
And buyers should be careful if want to buy an ICO, dont think just bought an ICO they can doubled money so easy, and don't trust every marketing before you know what the project exactly.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Bananington on September 18, 2019, 05:41:32 PM

It's so disheartening that most project devs will raise reasonable funds from token sale, after that they list on exchanges with low trading volume not considering investors. Well, some developers do IEO on reputable exchanges with renowned trading volume and even list on other good exchanges bringing more liquidity to their coin. Without a good team, even with an excellent project aim, the whole ideology will be waste of time and investors' funds.

This show us that they only care about themselves and about the profits that they can get by initiating a project that they know deep down that will fail, just look at bitcoin, Satoshi Nakamoto created bitcoin and he did not needed any kind of funding to release his coin and that was because he cared about the community and he was releasing something really original that was never done before.

However all of those that are creating altcoins in this market do not really care about the community and they only care about the benefits they can get out of the project they are releasing so it is not really surprising that developers do not really mind if their coins are listed in good exchanges or in bad ones with no volume.

Bananington

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Activity: 1470

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It's so disheartening that most project devs will raise reasonable funds from token sale, after that they list on exchanges with low trading volume not considering investors. Well, some developers do IEO on reputable exchanges with renowned trading volume and even list on other good exchanges bringing more liquidity to their coin. Without a good team, even with an excellent project aim, the whole ideology will be waste of time and investors' funds.

TopT3ns

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#SWGT CERTIK Audited

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

I think they know, but about did they will care about it? i don't think so. What investor want is listed on exchange because they think if listed in new exchanges means pump. They don't know if only list in unpopuplar market only waste money.

Perfect35

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Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

I am total agreement with you. Which is why no matter how the community complains, they will pretend as if they know nothing and still go on with their initial plans, even if it will not favour investors. After they might have done it, they will now come up that they never knew it would happen that way and that people should exercise patience.

wxxyrqa

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Activity: 1372

Merit: 133

Quote from: shadowduck on September 18, 2019, 12:02:11 PM

Quote from: Shallow on September 18, 2019, 10:20:49 AM

I think back in the days, that's when majority of projects did this, some even went as far as asking their members to contribute a fee so as to help them with listing, and judging by your analysis, it looks accurate. I think the reason they will even try to list on a shit exchange is to fulfill all righteousness by showing that indeed they listed thus one can't accuse them much. Like you said, it is planned and if you watch closely too, they are always surrounded by hype which fades away once public sale finishes.
Nevertheless, this was the nature of most ICO projects, but nowadays any investor participating in any IEO done on a shit exchange should blame himself for anything that comes out of it.

in all the losses and failures in this market, we can only blame ourselves and no one else. only we make a decision and all attempts to invest it is our personal choice

One way or another, any actions that cryptocurrency users take on the market, they do it at their own peril and risk. I am sure that there is no absolute guarantee that even on the most rated exchanges IEO projects will be more promising than those that IEO runs on other exchanges or on the ico companies market. In any case, we must conduct an accurate technical analysis of all projects and the professionalism of the team, as well as look at the prospect of how the product will be implemented and how much it is needed for society.

shadowduck

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Oikos.cash | Decentralized Finance on Tron

Quote from: Shallow on September 18, 2019, 10:20:49 AM

I think back in the days, that's when majority of projects did this, some even went as far as asking their members to contribute a fee so as to help them with listing, and judging by your analysis, it looks accurate. I think the reason they will even try to list on a shit exchange is to fulfill all righteousness by showing that indeed they listed thus one can't accuse them much. Like you said, it is planned and if you watch closely too, they are always surrounded by hype which fades away once public sale finishes.
Nevertheless, this was the nature of most ICO projects, but nowadays any investor participating in any IEO done on a shit exchange should blame himself for anything that comes out of it.

in all the losses and failures in this market, we can only blame ourselves and no one else. only we make a decision and all attempts to invest it is our personal choice

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: indah rezqi on September 14, 2019, 04:14:36 AM

What new project do you mean by this. What I know is that launching a project requires a lot of money. Of course investors are not fools who will throw away their money for free to buy coins from new projects.

Investors throw their money to projects that are not worth anything all the time, if that was not correct then we will not have thousands of coins with no other purpose but to scam anyone that invest in them, I know that you want to believe that investors are rational actors that will not do something like that but the evidence suggests otherwise, most coins that are released in the market do not really have a long term plan to reach their goals.

The truth is that from the very beginning they had no intention of creating a working product and the only thing that the developers care about is the money they get from investors and then the money they can get for the coins they keep to themselves by the market in general.

Shallow

sr. member

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Merit: 255

SmartFi - EARN, LEND & TRADE

I think back in the days, that's when majority of projects did this, some even went as far as asking their members to contribute a fee so as to help them with listing, and judging by your analysis, it looks accurate. I think the reason they will even try to list on a shit exchange is to fulfill all righteousness by showing that indeed they listed thus one can't accuse them much. Like you said, it is planned and if you watch closely too, they are always surrounded by hype which fades away once public sale finishes.
Nevertheless, this was the nature of most ICO projects, but nowadays any investor participating in any IEO done on a shit exchange should blame himself for anything that comes out of it.

ven7net

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Activity: 1946

Merit: 112

What the author wrote is very similar to the truth. I often ask myself such a question, well, have all the admins and developers not so professionals that they don’t understand the obvious things for the development of the project and its cryptocurrency? Of course, they understand everything and, apparently, their goal is only to make money. Perhaps this does not apply to all 100% of projects, but most of them probably work according to this scheme. I agree that it is very difficult now to choose a really worthwhile project and to do it every day is getting harder and harder.

Golftech

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Activity: 2128

Merit: 520

Quote from: salty on September 18, 2019, 05:17:42 AM

Judging from the post, the author most likely made a bad investment.Let's say I'm more optimistic about the IEO.Before investing, we all have the opportunity to study the project in detail, to communicate in a group with other investors.What's the problem?

Most of the time that can be the case as investors failed to do much deeper research. And after being victimized by scammed projects, they will begin to bad-mouth the project. There's nothing more we can do aside from learning from our mistake. We should know more about about the project before investing our money to avoid making mistakes from this venue of investment.

In the otherside, it's also an acceptable reality as the last point of what OP has said, scammers are very good in planning the path to ensure that it will runaway clean after listing the project inside unknown exchange and being completely dumped.

Ducky1

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📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Once the Binance was a beginner exchange. Listing on small exchanges may be related to the development team’s budgets.

salty

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Activity: 562

Merit: 100

Judging from the post, the author most likely made a bad investment.Let's say I'm more optimistic about the IEO.Before investing, we all have the opportunity to study the project in detail, to communicate in a group with other investors.What's the problem?

dearbesz1219

hero member

Activity: 924

Merit: 500

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

I disagree. All of us deal with short-term fundamentals such as exchange listing and price. But let's remember, we want some real use and the long-term future of the project! Wink

DarkIT

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Activity: 1176

Merit: 252

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

a project that has a plan like this is a very irresponsible project. when they have the support of investors, but they ignore it. I think, many investors are hesitant to invest because of things like this. because of that, it is very much required for investors to conduct very in-depth research on the projects they will support. I'm sure, if it's a flawed project, then you will find mistakes when doing research.

in terms of listing, I think they all target a very popular market, it's just that it's not so easy to do listing there. so I think they deliberately put their coins into the low exchangers so that their products are fast to trade. it's just that, some projects are satisfied with something like that.

cp_underground

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Activity: 191

Merit: 10

Quote from: mr_random on September 17, 2019, 06:58:31 PM

Quote from: cp_underground on September 17, 2019, 06:37:17 PM

if your standard just about the great project in development just the coin listed and have good price like IEO/ICO ofering it's a wrong bro, because if this the standard many project are failed, because 90% of new project the coin price after listing is undervalued than ico price offering

If the project fails to deliver the promised working product, I will accuse the team too. The price is linked to the value of the project and temporary dumps will not be a dominant factor in the fate of the project. The coin price can go up and down, the bounty hunters only share the negative sides of the whole process, it is not the right strategy for reaching the high prices from my experience.

that's why like my statement above if we just looking some project are successfully based on the price of coin in market we are wrong, when developer still not release their product to inestor this still ongoing project and after product price can adjust in market because many people are interest about the project and make demand higher in market

GGmith

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Activity: 394

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Before they make plans, of course, those who know better at first, we as investors or prize hunters must be more selective before putting money into any project, but the fact that identifying fraudulent projects in the beginning is not easy, most projects are now visible real.

1BTC EQUALS 1CAR

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Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

That's not a good sign but at least you already know where the project is heading or even a clue on what the project is aiming like they either want the project to succees or just raise a lot of money. First is when they choose the rated s for shitty exhange to lauch their IEO then don't expect from them too much that they would list on other exchanges as good as Binance

TanakabZX

member

Activity: 504

Merit: 16

New IEO projects or non IEO projects must always find way to attract investors, if a project received too low funds from investors the project will surely fail, lots of fund is needed for every projects to achieve their goals, i am just trying to prove that not all projects that try to attract investors one way or the other are scam projects

kram31

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Activity: 791

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Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

If this is the plan since the beginning then the project is a scam and just want money from investors.
This is why there are so many people who dont want to buy from ICO.
ANd this is why most investors wants to have IEO in a great exchange to be secure that they are on a good project.

Inu.Guren

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Activity: 379

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homt.net

Quote from: alberdina on September 15, 2019, 06:17:32 PM

Everything was planned from scratch. You may be able to understand that those who must be familiar with crypto. However, they list projects that they develop on exchanges that have small volumes.

I see many of these projects growing on small exchanges. But if you look at the sales activity, nothing at all. As the project dies, I am also confused, is this their goal for project registration on the exchange? I think this is a very bad form of development and the goal is that they just want to raise investor funds and run away with this fund.

that's not the main problem, the problem, is they launch some project without any mature preparation, I think they are in a hurry, and only chasing crowdfunds and not looking the preparation, in case we can know about the projct in roadmap, they tell to us make the concept in 2016 but all of media like Facebook, twitter, telegram, github, website and other just created in 2018 or 2019, This is nonsense, and they seem lie to investors

maman567

member

Activity: 648

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Just waiting what have you talking about is true or not because we always get many sweet promised from an ICO or IEO owner before their project is listing.

electronicash

legendary

Activity: 3178

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can the team also prohibit the dex to add their token?
i have followed some projects particularly in EOS platform where their token wasn't added on newdex but they specifically intend to add their token on binance dex. at first they were denied but in the end they successfully made it in binance dex and no other exchange added them.

yazher

hero member

Activity: 2268

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You own the pen

You're missing something, "the exit scam" but sometimes they just run away with the money they got from the investors.
If they don't have funds to be listed on some big exchanges then theres no reason to invest in them because in this way
if you still not believe and went to invest in their project, then you are suicidal to your investment which is not good to do.

jossiel

hero member

Activity: 3150

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DGbet.fun - Crypto Sportsbook

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

3. Use very low fund to list on shit exchange

3. But the project is an IEO right? so it means that there's already an exchange that will list it as soon as the project's concern. And if the developers want to expand the listing, depends on their taste of exchange.

They can list it on an expensive exchange and pay the fee accordingly but if they don't care about the volume, just to say that they have listed it to an exchange, yeah they will fund it with a very low budget.

btc-facebook

legendary

Activity: 1862

Merit: 1015

Your logic is correct, but that is just an assumption, even though there is no data that says like that but there are indeed many projects that do that,
many projects go slowly when the ICO is carried out successfully,
but since there is IEO, ICO scams can be avoided a little so that investors do not have to worry when investing.

mr_random

legendary

Activity: 1344

Merit: 1001

Quote from: Metall303 on September 15, 2019, 01:27:31 PM

listing on shit exchanges it is opne of the biggest problem right now. I am ready to wait for few more month before listing than to see my coin on some shit exchange

The exchange is the main issue among the investors and the bounty hunters, teams also want to increase their partnerships after they get listed at the best crypto exchanges. Small exchanges also are known as a cave for the dead coins, listing on those exchange will lead to the same treatment by the investors. It is conjecture of the markets and there will be the opposite arguments always. Developers are not deceiving, they also can see the risks in the project launching. If there are other exchanges that developers applied for the listing, balming the team is understandable. Waiting period must be the boring and investors become impatient traders if they don't see news regarding the new exchanges.

Quote from: cp_underground on September 17, 2019, 06:37:17 PM

Quote from: Aryleeto on September 15, 2019, 06:13:25 PM

Quote from: cp_underground on September 15, 2019, 06:03:04 PM

~

I did not notice that many of the projects raised good funds during the ico, most projects raise a lot of money in the ieo and on good exchanges, these coins are developing.

if your standard just about the great project in development just the coin listed and have good price like IEO/ICO ofering it's a wrong bro, because if this the standard many project are failed, because 90% of new project the coin price after listing is undervalued than ico price offering

If the project fails to deliver the promised working product, I will accuse the team too. The price is linked to the value of the project and temporary dumps will not be a dominant factor in the fate of the project. The coin price can go up and down, the bounty hunters only share the negative sides of the whole process, it is not the right strategy for reaching the high prices from my experience.

cp_underground

member

Activity: 191

Merit: 10

Quote from: Aryleeto on September 15, 2019, 06:13:25 PM

Quote from: cp_underground on September 15, 2019, 06:03:04 PM

~

I did not notice that many of the projects raised good funds during the ico, most projects raise a lot of money in the ieo and on good exchanges, these coins are developing.

if your standard just about the great project in development just the coin listed and have good price like IEO/ICO ofering it's a wrong bro, because if this the standard many project are failed, because 90% of new project the coin price after listing is undervalued than ico price offering

pieppiep

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Activity: 1596

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Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

The dev is not stupid, and they are making the best plan to trick people and get the money. They know how to explain to the investor with the good because they have skills to get the money without making them suspicious. They gave an exciting project to the investor and told them that the project would be a success after the ICO or IEO.

With doing that, they can quickly gather many investors to come to their project, and they can also get big money to funds their project. But then some of them are running away without thinking about the investor, the participants, and the project itself because what they want is all about the money. They choose to list on the low exchange because they can run away in anytime without explaining to the investor.

So you need to be careful to choose the right project, and although you have any information about the project, it doesn't mean they will run the project for a long time. They can scam you in anytime, so you need to invest with the money you can afford because you will regret it if you don't know that.

aemma

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Activity: 966

Merit: 14

This is gradually becoming the trend now, a team will hype their project then succeed in launching on a good exchange for IEO, once it comes a success and after few pumps it starts going down, leaving everyone to wonder if actually the team had the expertise to run the project. Funny enough, most times it proves right that the team are only after their pockets. Also, the aspect of listing on a shit exchange really looks planned, and the next thing they will say is more exchanges are coming, while the current shit exchange drags the project down and as well the team continues making their move of abandoning the project.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

Damn right! What you stated above are the facts, it commonly happened in current new projects. That's why many investors are not really sure to invest in new projects anymore. Nothing can be expected from IEOs on shit exchanges since most of them are careless of the quality from the new projects.

Regarding developers, I agree that they are not stupid but smart enough. They must know that listing on shit exchanges won't bring good impacts to their projects. The big reason why they choose shit exchanges is to scam people with low capitals. Cheesy

minersday

hero member

Activity: 1484

Merit: 535

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

In as much that a new crypto project present a good investment discount to crypto investors, they need to first read and research more about the project before investing in it. All shit projects have the same characteristics and do not have any realistic solution or aims in bridging any specific problem in either the crypto space or the entire world's ecosystem. Only knowledge and research can safe investors into investing in shit projects.

alberdina

member

Activity: 644

Merit: 10

Everything was planned from scratch. You may be able to understand that those who must be familiar with crypto. However, they list projects that they develop on exchanges that have small volumes.

I see many of these projects growing on small exchanges. But if you look at the sales activity, nothing at all. As the project dies, I am also confused, is this their goal for project registration on the exchange? I think this is a very bad form of development and the goal is that they just want to raise investor funds and run away with this fund.

Aryleeto

jr. member

Activity: 406

Merit: 1

Quote from: cp_underground on September 15, 2019, 06:03:04 PM

many new project are launched now is just for raising money for them.
even any project ended sucessfully, like you said they don't want spend money for listing in popula exchange.
and many of them after listed on exchange never buyback again from market, and this condition make the coin become a shittoken

I did not notice that many of the projects raised good funds during the ico, most projects raise a lot of money in the ieo and on good exchanges, these coins are developing.

cp_underground

member

Activity: 191

Merit: 10

many new project are launched now is just for raising money for them.
even any project ended sucessfully, like you said they don't want spend money for listing in popula exchange.
and many of them after listed on exchange never buyback again from market, and this condition make the coin become a shittoken

Catmurs

jr. member

Activity: 518

Merit: 1

Quote from: ?? on ??

As well as a skip the third paragraph. Why should they spend money on an exchange? There are many projects that promise listing for more than a year. And the team gradually goes into the shadows.

There are a lot of such projects, to get to the top exchange you need a lot of money, and not everyone wants to give them, now it is very convenient for projects that make ieo, the listing takes place in a few days.

rdewilde

full member

Activity: 925

Merit: 100

You raised good points and as funny as it might sound, that's what most team are doing although not all. I have seen many projects that took this steps you just mentioned not forgetting the hype that followed it as of then. On the other hand, I have seen some projects which started on small exchanges and later did well as well as listing on a bigger exchange. In my own opinion, it is all planned but in this case, while some team plans for success others plan for fraud, thus it's a two way thing and therefore neccessary for us to look beyond any hype etc and check the legitimacy of any project.

zuziekatee

jr. member

Activity: 139

Merit: 1

sometimes its not planned as such. thing just happen to chance and they switch play to that direction. its not so easy to manage and set up a project. but some planned it from start. but it wont happen again because things have changed.

FiuMr697

jr. member

Activity: 205

Merit: 1

more work less buy.. services...

the team work by free services as social media or forums , applications etc. is better option to build PR than buying services.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: #Darren on September 15, 2019, 11:34:43 AM

A lot of projects are doing things exactly in the same oder and the problem is that it is very difficult to detect such a project from the very beginning. If funds collection goes well, team is doing their work, developing product without any sign of a scam and stop operating within the next several months.

That is, if they can raise their target funds because they are always considering how much money they can put in their pocket. But if not sufficient money is raised, the development will be slower than planned. Very few projects are true to their words that no matter what their developments will push thru whatever amount they collected from the community.

The scenario presented by the OP has been happening a lot already. And we already have had enough of that shitty projects. People should stop patronizing them because those "dev" teams will not stop stripping money from investors, whether from whales or small time players.

Metall303

full member

Activity: 891

Merit: 100

Oikos.cash | Decentralized Finance on Tron

listing on shit exchanges it is opne of the biggest problem right now. I am ready to wait for few more month before listing than to see my coin on some shit exchange

atjiat

full member

Activity: 1204

Merit: 104

Quote from: Samayuki on September 15, 2019, 12:26:20 PM

Quote from: #Darren on September 15, 2019, 11:34:43 AM

A lot of projects are doing things exactly in the same oder and the problem is that it is very difficult to detect such a project from the very beginning. If funds collection goes well, team is doing their work, developing product without any sign of a scam and stop operating within the next several months.

What i always try to do with this kinda of situation is always try to find out if the project i am trying to promote has bigger reputation to protect, if the project has a well known team or CEO it might be a good choice because it will be hard for such project to turn scam

Recently, there have been practically no such projects, because of all the Bounty companies in which I participated, practically no team makes any announcements about their work or about the results of the development of the project. I'm not talking about remuneration, because I want to talk about the poor professionalism of the developers and their inaction, which generally do not improve the situation for the development of their project.

Samayuki

member

Activity: 574

Merit: 24

Quote from: #Darren on September 15, 2019, 11:34:43 AM

A lot of projects are doing things exactly in the same oder and the problem is that it is very difficult to detect such a project from the very beginning. If funds collection goes well, team is doing their work, developing product without any sign of a scam and stop operating within the next several months.

What i always try to do with this kinda of situation is always try to find out if the project i am trying to promote has bigger reputation to protect, if the project has a well known team or CEO it might be a good choice because it will be hard for such project to turn scam

Fesatmas

sr. member

Activity: 2268

Merit: 275

Quote from: crazy-pilot on September 14, 2019, 11:20:23 AM

Do you think that all new projects follow this plan? In my opinion, this is really happening, but not with all projects. Many projects do not succeed due to lack of experience of the development team or due to other problems.

But for now, mostly like that, good initial planning, but after and accumulating a lot, the team is also thinking again to carry off with that money.

#Darren

sr. member

Activity: 784

Merit: 250

DIA | Data infrastructure for DeFi

A lot of projects are doing things exactly in the same oder and the problem is that it is very difficult to detect such a project from the very beginning. If funds collection goes well, team is doing their work, developing product without any sign of a scam and stop operating within the next several months.

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

People who were investing on those shit projects were stupid though.

We had lot of scam projects in 2017 and 2018 but still people believe on the new projects which make the way for new scam projects to arrive.

Even though this is not completely scam,but its the another level of perfect scam.

FruitsBasket

legendary

Activity: 1232

Merit: 1017

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

This is exactly what sonm.com did.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

No developer and that is why any bounty hunter or any investors should first always demand for which exchange they would list on. You see it is just because we are lawless in this cryptocurrency space and everyone is not being strict with those project developers, that is why some of them could wake up in the money and think of doing all those 4 things.

If we had always demanded for which exchange the project will be listed on before they get a dime of our money, and it is not just a verbal statement, but there must have been a commitment to such exchange to proof that when the project is over, they will be listed on such big exchange. So, you are right about what you said, they were all well planned before they started the project and that is why you see them not bothered when the project is dying.

crazy-pilot

sr. member

Activity: 860

Merit: 253

SmartFi - EARN, LEND & TRADE

Do you think that all new projects follow this plan? In my opinion, this is really happening, but not with all projects. Many projects do not succeed due to lack of experience of the development team or due to other problems.

Nadziratel

sr. member

Activity: 1568

Merit: 321

★777Coin.com★ Fun BTC Casino!

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

SCAM has been a very good summary of the schema that the projects follow in general terms. I'm not sure if it could be told better. But what is forgotten is that this is the way SCAM projects follow.

Actually, the first two are pretty innocent. However, the issues in the last 2 are the stage in which completely bad intentions emerge.

cudora

copper member

Activity: 336

Merit: 3

Cryptoknowmics - World's First Decentralized Media

If they have a plan to ruin the project slowly after collecting money, they are doing everything right. No great altcoin will get listed on Binance and give up on their development, because of the lack of money, so maybe it takes time to get listed on a big exchange.

Alisha FR

full member

Activity: 868

Merit: 106

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

this has happened so far, the points you mentioned have been proven, developers are not responsible for the projects they build, they no longer develop projects after being registered on the exchange, investors usually have benefited from bonuses or in initial sales, the losers are investors who buy tokens on the exchange, they expect tokens will increase in the future, but unfortunately the tokens do not go up, instead they fall.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Point number three is very good observation one of the projects that did this is Bitmillex, after more than a year of waiting the only best exchange that they can manage is Bilaxy, no wonder they do not have volume and the price is close to zero, nothing to expect on this project, they will fall to point number 4, which is abandoning the project slowly.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

— New Projects are not well researched by investors. Seems what most care about is the financial reward otherwise they wouldn't invest in any kind of project and they will ensure that projects they are interested in are not easily abondoned by developers.
— Hunters probably put too much pressure on developers to list on exchanges. Most investors want to just dump everything. They need exchanges for that. Only few people end up following the project to the end. This is wrong approach to investing in Crypto-startups

indah rezqi

hero member

Activity: 1512

Merit: 874

Quote from: Neoterix on September 14, 2019, 04:32:23 AM

Quote from: indah rezqi on September 14, 2019, 04:14:36 AM

What new project do you mean by this. What I know is that launching a project requires a lot of money. Of course investors are not fools who will throw away their money for free to buy coins from new projects.

He is talking about new projects IEOs/ICOs in general.

If he discusses the IEO / ICO project in general, my explanation is also general. New projects, whether IEO or ICO will stop when targets are not reached and will return investors' money. Of course, there is no initial planning to thwart the project.

jazmuzika217

member

Activity: 476

Merit: 12

Those plan list is important. But I think they forget the most important essens in launching new project which marketing. All those plan will be easy if you will have a good marketing concept. If you have a good marketing plan you won't have a hard time to promote your new project because the investors will be the one who will go to your new project if they will attract to your matketing concept.

Samayuki

member

Activity: 574

Merit: 24

Not all new projects are the same,i have no luck in bounties yet but i have seen few new projects since 2018 that have become succesful and they have good trading volume too, many projects are scammers though but at the same time we have few ones that are good,its all about no risk no reward in crypto space

Neoterix

member

Activity: 145

Merit: 10

Quote from: indah rezqi on September 14, 2019, 04:14:36 AM

What new project do you mean by this. What I know is that launching a project requires a lot of money. Of course investors are not fools who will throw away their money for free to buy coins from new projects.

He is talking about new projects IEOs/ICOs in general.

DaMut

sr. member

Activity: 1274

Merit: 263

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Not all of them, only those who are looking for quick money(or we usually called them a scam project) that will list their coin on the shitty exchange and planning it from the beginning. And not all of the dev understand how to run business because they are only know how to make a framework and the concept. they thought as long as it gets listed on any exchange, everything will be fine. But they do not know the consequences behind it.
lastly, do not forget about the community itself. I have seen so many people in many projects asking the team to list their coin as soon as possible even though the sale or genesis block just finished a few hours before.

rosezionjohn

sr. member

Activity: 882

Merit: 301

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Is the project you are now promoting in your signature not following this plan?

Quote from: Kvalentine on September 14, 2019, 04:06:12 AM

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

To be fair on some of these projects, it is not like they can simply pay an established exchanged and get listed there. Many of these established exchanges have other criteria. This is one thing that most bounty hunters do not understand.

indah rezqi

hero member

Activity: 1512

Merit: 874

What new project do you mean by this. What I know is that launching a project requires a lot of money. Of course investors are not fools who will throw away their money for free to buy coins from new projects.

Kvalentine

member

Activity: 504

Merit: 25

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4 Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Topic: New projects plan from the very start (Read 710 times)