What do you think about Sushiswap ? - page 3.

chanc3r

sr. member

Activity: 952

Merit: 253

not gonna touch them after the bad rumour revolving around the project concerning the dev but well thats just my opinion Roll Eyes

Quote from: SirLancelot on October 12, 2020, 03:10:39 PM

SushiSwap to be quite good. Though one thing that most of these DeFi projects do have in common is that they are ‘hungry', seriously they have some funny names and some people are not going to be taking them serious; sushi, sashimi, yam, etc. Lol. This project has had its share of controversy as well, same as other DeFi projects there is, but it’s been good.

For me I would say that it’s better to earn sushi token than investing, that would be much better. And the price has been down as of recent, it used to be more than what it is now. It has been competing with Uniswap, and the competition got even more hot as Uniswap released their own UNI token.

it's catchy marketing to attract intention, i mean the name sushiswap is more interesting than those with rather technical name that average joe don't really understand the meaning of. maybe that's the reason why many platform also following the same pattern.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: studio1one on October 07, 2020, 06:52:44 AM

Sushiswap had a lot of drama IMO, and investors lost a pretty huge amount when the project owner sold all his tokens. Good thing that FTX quickly took over the project otherwise it would have dropped more.

The FTX didn't give any impact to the price of sushi. This is a project that was working on a very very big APY at this moment. people keep farm it and then dump it.

Just take a look at the current price https://coinmarketcap.com/currencies/sushiswap/

Im sure the only thing that makes sushi can sustain till this time was the huge volume that came from the major exchange sites and no more. FTX didn't give any positive sign to the price. another all low time will have achieved very soon. Cheesy

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

SushiSwap to be quite good. Though one thing that most of these DeFi projects do have in common is that they are ‘hungry', seriously they have some funny names and some people are not going to be taking them serious; sushi, sashimi, yam, etc. Lol. This project has had its share of controversy as well, same as other DeFi projects there is, but it’s been good.

For me I would say that it’s better to earn sushi token than investing, that would be much better. And the price has been down as of recent, it used to be more than what it is now. It has been competing with Uniswap, and the competition got even more hot as Uniswap released their own UNI token.

coinfinger

sr. member

Activity: 1638

Merit: 278

To be very honest I do not like the project at all not because of the functionality but because what their owner tried to do and was caught and had to return the coins but when such guys are the the top of administration you cannot really trust the project and it's development. Even Binance was under fire for listing such a token.

I know I might be sounding salty but really once such things happen to a project then there is really no scope and you are always wondering if the owners just dump and exit anytime they need.

I am rather more interested and positive about uniswap because they have not made any such move and while they are similar to sushiswap they are different and look more professional.

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: minatour on October 08, 2020, 11:26:58 AM

Though Dex exchange seems to be reigning now but I guess is good to stay clear investing on project like sushi, currently dev are just hyping most defi project just to cashout and run. I will you stay low for now and watch.

The different story happened with sushi as the old developers who wanna cash out his money has already getting threatened by so many people that will be creating a various report for him to the police or regulators.
That makes him feel worried but sushi's price is always getting dropped even deeper to touch the next all time low.
The APY has been giving very big pressure to the price and the farmers are in demand dumping their earned sushi in the market instantly. There are no longterm investors in sushi.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

We have see many new project like this which they are good in the beginning and end up in half way and put the investors in low profit making. Sushi swap is everywhere in the market well stable in pumping which is attract more customers to join them.
I think with time sushi swap will dump because what happened some years ago is about to repeat it self again in this season.
Many people that hold their coins for years they are now releasing them to market which the sushi swap is good in the market now with stable pump that is putting smile in the face of the investors.

minatour

member

Activity: 687

Merit: 11

Though Dex exchange seems to be reigning now but I guess is good to stay clear investing on project like sushi, currently dev are just hyping most defi project just to cashout and run. I will you stay low for now and watch.

gamer4156

sr. member

Activity: 1008

Merit: 250

I think it's anything but a serious deal, their task depends on the hypes around them. I would state it is too unsafe to even consider investing on such undertaking. Simply taking a gander at the value history, we know the unpredictability of sushiswap is high in spite of the fact that it recorded on top trade like Binance. Everyone knows how difficult to get recorded there until the defi publicity rises. All in all, what's the genuine explanation? I think I incline toward or acropolis on the conceivable posting which has more potential.

unusualfacts30

hero member

Activity: 1540

Merit: 500

As mentioned by sushi. It's a token to farm not to invest in. As you can price has dropped substantially from its ath and it continues to drop, I do expect a reversal soon but its going to be a struggle for sushi from here on. Your friend's excitement may have carried him away which caused him to advice you to invest in this token but you should DYOR and not rely on other people even if they are your friends.

Debonaire217

sr. member

Activity: 644

Merit: 364

In Code We Trust

It seems like these projects are going to run in the long run, people could farm, stake and invest their money but it turns out that more people wants to sell that to trust the project. In other times, the project itself sells their own tokens.

With this, I am starting to generalized altcoin projects on ethereum blockchain as short term. Meaning, we could trust these projects for the short time since most of the people do us, or else, our profit will lost if they sell and we hold.

If we want true investment and long term, the only good crypto is Bitcoin and Ethereum.

SiNeReiNZzz

legendary

Activity: 1022

Merit: 1043

αLPʜα αɴd ΩMeGa

Quote from: SiNeReiNZzz on October 05, 2020, 12:44:29 PM

After everything I have read about this project, just by typing "Sushiswap" into the Google search, and the dubious developer, I can only advise everyone to keep their hands off this project...
If someone first steals all the money, and then repentantly return everything, that can only be rather lazy thing, i think!

In addition to my last post here, I have some useful guides for you...
I think, with this, it is easy to evaluate for you, how much substance does have the project of your interest:

► [Guide] How to detect fake token and spot scammers. ◄
► 🌍[Guide] Prevent scam!!! Some useful tools for find scam / fake ICO team 🌍 ◄
► 🌍 Guidelines, how to spot a scam ICO & report effectively. ✔ ◄

Benefactor

hero member

Activity: 1260

Merit: 504

I would stay away from this sort of venture where engineers are excitedly unloading their token to clueless speculators. This sort of designers ought to be sued of noxious purpose of deceiving their speculators and allies. I trust you didn't put your cash on it. Only a tip, never put resources into something without a premise, a recorded cost or essentials. Theory can give huge benefits however it is a gigantic bet that can likewise prompt enormous misfortunes.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Sushiswap had a lot of drama IMO, and investors lost a pretty huge amount when the project owner sold all his tokens. Good thing that FTX quickly took over the project otherwise it would have dropped more.

bitkanu

hero member

Activity: 2184

Merit: 513

Moonbet.io | Web3 Casino

Quote from: Fakhrulenclix on October 05, 2020, 06:37:09 PM

But why your suggestion?? Seriously?? On their website is clear "This project is in beta. Use at your own risk". Sushiswap is better than your recommendation

He wants shilling it by call another project as a meme coin while what he was promoting can be considered as meme coin too. sushi is a bad project IMO. Even the dev of sushi is not its old creator again and look at the price of sushi. It's going down so fast. I expect sushi will worth a few cents next months as so many people will keep farm with non-sense APY.

Anyone should avoid dealing with this coin as a huge chance for each of sushi will worth nothing in the future.

rodskee

full member

Activity: 2520

Merit: 204

OrangeFren.com

Quote from: Fakhrulenclix on October 05, 2020, 06:37:09 PM

Quote from: Bitbuffalo on September 05, 2020, 10:53:01 AM

Its a fork with no vision, just a meme token. Go look at something that wants to improve on defi. www.fiscus.fyi

Thank me later

Op asks about sushiswap, and you see some people say this legit, some people warn it. My advice for OP better he skips it and chooses another coin, there are so many legit coins in Binance.

Of course he only wanted to advertise His Own shitcoin of choice,Thanking Him later will surely change to blaming Him later if you are fool enough to invest in a coin that still in Beta.

Quote from: SiNeReiNZzz on October 05, 2020, 12:44:29 PM

After everything I have read about this project, just by typing "Sushiswap" into the Google search, and the dubious developer, I can only advise everyone to keep their hands off this project...
If someone first steals all the money, and then repentantly return everything, that can only be rather lazy thing, i think!

thanks for the share mate,i know that this wont go any further soon,and this is another project that only riding the popularity of Defi projects.

take a look at this one for you guys find out why most people here advising you to keep away from this one.

https://bitcointalksearch.org/topic/--5280046

Quote from: ?? on ??

All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now:

source: @ceterispar1bus

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: Fakhrulenclix on October 05, 2020, 06:37:09 PM

Quote from: Bitbuffalo on September 05, 2020, 10:53:01 AM

Its a fork with no vision, just a meme token. Go look at something that wants to improve on defi. www.fiscus.fyi

Thank me later

Op asks about sushiswap, and you see some people say this legit, some people warn it. My advice for OP better he skips it and chooses another coin, there are so many legit coins in Binance.

But why your suggestion?? Seriously?? On their website is clear "This project is in beta. Use at your own risk". Sushiswap is better than your recommendation

Better not to follow any recommendations if in doubt, Sushiswap can be great no one knows since most of the fork are being bashed at first and yet they continue to go up despite of it. The news about the founder selling his holdings is not a new thing since this is also happening even on the top coins or projects. OP have to look for the bad and good side of this, look for the comments of the other and confirm it on your own way.

Fakhrulenclix

sr. member

Activity: 1638

Merit: 339

Quote from: Bitbuffalo on September 05, 2020, 10:53:01 AM

Its a fork with no vision, just a meme token. Go look at something that wants to improve on defi. www.fiscus.fyi

Thank me later

Op asks about sushiswap, and you see some people say this legit, some people warn it. My advice for OP better he skips it and chooses another coin, there are so many legit coins in Binance.

But why your suggestion?? Seriously?? On their website is clear "This project is in beta. Use at your own risk". Sushiswap is better than your recommendation

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: BChydro on October 05, 2020, 06:06:42 PM

Quote from: xDeFixSolutionSx on September 09, 2020, 06:33:44 AM

This project was a scam but now it has chances they were bought by another biggest company!

The owner ran away with the money and then came back and apologized because he knew he left trail that could reach him and even though they are brought by another company the reputation that is tarnished cannot be retained and it would have being great if they could create a new project rather than keeping this name if they really wanted to succeed. Not a big fan of these projects because i am yet to fully understand every technical aspects.

The reputation has been shrouded by negative act of the previous owner.
But fortunately, he came to his senses fast and return the money and apologized as well.
Very few can do such act but maybe he is avoiding jail time why he did that.
Will also not patronize this project as honestly I don't see any actual application in my real life.
Maybe it will change if in case it will have direct impact in my day to day living.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: xDeFixSolutionSx on September 09, 2020, 06:33:44 AM

This project was a scam but now it has chances they were bought by another biggest company!

The owner ran away with the money and then came back and apologized because he knew he left trail that could reach him and even though they are brought by another company the reputation that is tarnished cannot be retained and it would have being great if they could create a new project rather than keeping this name if they really wanted to succeed. Not a big fan of these projects because i am yet to fully understand every technical aspects.

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: reini1860 on October 05, 2020, 10:19:28 AM

Well, indeed it looks like a scam.
I invested in a sushiswap pool 2 weeks ago. Now I want to withdraw my investment.
But I am only able to unstake, not to withdraw! There is no withdrawal link!
Any ideas how to withdraw on Sushiswap? https://sushiswapclassic.org/farms/

It looks like there's no another way to withdraw your money as your coins were getting locked on the liquidity pool. After the acquisition of sushi by alameda and this coin becomes a very very bad coin.
The main purpose of this coin to be used as a project to scam the investors.
The control to pulling out your money was owned by the developers and if the dev didn't allow you to do that and you will never able to get back your funds while the price of sushi is always going down day by day.

Topic: What do you think about Sushiswap ? - page 3. (Read 1301 times)