What do you think of tokens that did not update their Bitcointalk thread

Webetcoins

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Quote from: kak uli on November 09, 2019, 07:06:10 AM

Quote from: judeafante on July 05, 2019, 12:21:32 PM

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

In my opinion, the notification on BitCointalk thread is not too important for us to see because many people already know that every development of the project will be notified via social media such as Twitter, Facebook, Instagram, Linkeddin, Medium and others, especially Telegram. because in the telegram group we can directly interact with the project developer with various questions that we ask and in the telegram group we can also get a quick response from the admin about the development of the project.

Those social websites that you are talking about are diversified. They talk about everything but here, on this forum, it is only about crypto currencies and digital market. So making a thread here plays its own role in the survival of a project. The community is the right one. Telegram groups are different from others for sure. However, talking to the developers is one thing but taking reviews from public is the most important one.

kak uli

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Quote from: judeafante on July 05, 2019, 12:21:32 PM

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

In my opinion, the notification on BitCointalk thread is not too important for us to see because many people already know that every development of the project will be notified via social media such as Twitter, Facebook, Instagram, Linkeddin, Medium and others, especially Telegram. because in the telegram group we can directly interact with the project developer with various questions that we ask and in the telegram group we can also get a quick response from the admin about the development of the project.

Palider

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In the announcement thread they share the exciting news but talk about it on their telegrams, discord channel.

More people like to talk about it on their telegrams because communication here is easy. I think that these campaigns are also not very active in their announcement therad is because they also prevent spam.

meliodas

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Quote from: Sithara007 on October 31, 2019, 08:08:31 PM

Quote from: Tipstar on July 05, 2019, 12:45:14 PM

They just ran away with the money they raised. These scam project members reamain active till the last date of ICO and suddenly disappear. Most of them deleting their social media accounts and leaving any discussion they are involved in. They no more care about reputation or getting flagged. They have achieved what they want and would repeat the same with some new IDs, website and a modified whitepaper.

Well... it happens very frequently here... And still the investors don't learn the lesson and continue to pour their hard earned money in to these black holes. As you said, in many cases they delete their social media channels as well (in a few cases these scammers didn't even bothered to do that). And in most cases, they will be using lower ranked forum accounts here, so even if they get flagged, it is not going to affect them. Anyway, Bitcointalk accounts of all ranks are for sale outside this forum, and they can simply purchase a few clean ones and continue their scam.

To be honest, investors can't really tell about the future of the projects that they participated in. All of the projects can be promising in the first place and show the things that the investors wanted to see and still ran away and abandon the project. That is the risk of investing into projects, it low key requires luck.

Sithara007

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Quote from: Tipstar on July 05, 2019, 12:45:14 PM

They just ran away with the money they raised. These scam project members reamain active till the last date of ICO and suddenly disappear. Most of them deleting their social media accounts and leaving any discussion they are involved in. They no more care about reputation or getting flagged. They have achieved what they want and would repeat the same with some new IDs, website and a modified whitepaper.

Well... it happens very frequently here... And still the investors don't learn the lesson and continue to pour their hard earned money in to these black holes. As you said, in many cases they delete their social media channels as well (in a few cases these scammers didn't even bothered to do that). And in most cases, they will be using lower ranked forum accounts here, so even if they get flagged, it is not going to affect them. Anyway, Bitcointalk accounts of all ranks are for sale outside this forum, and they can simply purchase a few clean ones and continue their scam.

Pinkris128

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Quote from: judeafante on July 05, 2019, 12:21:32 PM

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

Maybe they move on to other platform or maybe other people are right that they really did run away with the money of the investors. If there's still activity in their accounts in other platforms like social media or their website, you do not need to worry. But if there's no other platform that they can update or announce stuff, you might as well be scammed. This is the downside of this industry, many can wear a mask and pretend they're your friends but that act can also happen in real life with fiat. Scam or not, there is always a risk in investing and not everyone can conquer it.

Pearls Before Swine

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Quote from: Tipstar on July 05, 2019, 12:45:14 PM

They just ran away with the money they raised. These scam project members reamain active till the last date of ICO and suddenly disappear.

Op and any newbie should take note of the above, because it's a truth that might open their eyes to the reality of what's going on in the ico space. I'm sure the ann section is loaded with abandoned threads from projects that turned out to be scams. Anytime a project abandons a thread here or closes their telegram group or social media, it is a red flag that should *not* be ignored.

It is indeed unfortunate that one can't see it coming, because it's going to keep happening as the scam projects keep coming.

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I think there is really no big deal with a project not updating their Bitcointalk thread.

I would cut them a very small bit of slack if they haven't updated it in a week maybe, but after that you more or less know that they ran away with everyone's money.

Immakillya

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They're more likely planned exit scamming. They just grab as much as they can and run. It's very hard to find a very active projects with a really good potential to explode. Good thing they create this forum to know what are the good projects to invest with. Members here are not hesitant to ask about the project. If the author does not responds to the questions or the answer is not realistic. It's no good for the investors.

pedpedped101

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Although, not every project has announcement thread on btt forum, but a project that has and is seen not to update the thread, is giving a warning and the signal indicates hat such project team cannot even be serious in future.
If you are not serious and not working when you have not raised the required fund, how will you do that when the fund is available.

Gab20

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The author of an ANN thread, who could be one of the team, should dedicate himself in giving updates in the thread. Just as news and updates are being posted on social media platforms, the ANN thread should also he given the updates in return.

biddicoin

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Quote from: judeafante on July 05, 2019, 12:21:32 PM

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

never mind, the point is developer still update their project. no matter what way to do it

Quote

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

most of investors has knewn that telegram is most active chat discussion platform in cryptocurrency, so, it makes sense if dev wants to share their update in the telegram channel

Classica35

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If a project team truly understand the genesis and origin of cryptocurrency, as well as the factors that contribute to its success, they would not have trued abandoning their ANN thread, because most times, investors and others who might have something to do with their project, either now or later, will want to look into the history of that project.

Mila52

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Quote from: sri.bima on July 06, 2019, 01:56:08 PM

The project team more often notifies updates about their project through social media, because in general social media users are more widely used. Especially telegram, the development team will easily provide information quickly. So I don't think this is a problem.

Of course, it’s bad when Ann isn’t updating and the team isn't interacting in thread. But this doesn't always mean that the project is dead or scam. Ann's thread is important during the ICO. The main exchange of information is in the Telegram channel. But when there is no update on social media, this is obvious pointer to scam, but then it’s too late for investors to pull hair in a rage-the money already invested.

nelson4lov

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Truth be told. Most of those projects were only interested in having a bitcointalk thread in the first place was because of their ICO/IEO. And now that's done, they have little to no interest to keep it up to date. Some of these projects have even closed some of their community channels with the excuse of "focusing on project development". Current, Hold and others to nane a few followed this path.

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Quote from: Winscosinally on October 28, 2019, 12:25:26 PM

Since there is no rules or law that compulsory developers to always update their ANN thread i think its fine and not a must too, developers and teams should be more focus on plans and future updates and even few big coins in crypto space today have already abandoned their ANN thread long time ago

You do have a point mate but i think its their duty to update their community in any media platforms like this forum because it shows how they value the community and dedication they have for their own project, also there are some people who only follow the updates on a single platform.

ven7net

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Quote from: judeafante on July 05, 2019, 12:21:32 PM

I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.

Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..

I find it very bad that many projects do not update the information in the Bitcointalk ad stream. A lot of people come to Bitcointalk to find important information, since this forum is considered top-end and it has a lot of necessary information. I hope the project team will turn their attention to this problem and start updating information again, which will give them more opportunities to get users, partners and investors.

Winscosinally

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Since there is no rules or law that compulsory developers to always update their ANN thread i think its fine and not a must too, developers and teams should be more focus on plans and future updates and even few big coins in crypto space today have already abandoned their ANN thread long time ago

key4co.in

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Quote from: Mianae on October 28, 2019, 11:55:07 AM

Bitcointalk is the hub of cryptocurrency enthusiasts, every project should have their Ann here first for the verification of their team and whitepaper documents to ensure it meets some standards of being real. Ann threads helps minimize scam risk for investors any project whose Ann isn't listed here shouldn't be trusted.

Funny enough most projects put up their ANN here and keep it active just for the purpose of luring in more people during token sale and keep mute after raising funds via token sale. Some forget to understand that bitcointalk is the heart for crypto conversations, keeping an ANN active here goes a long way to communicate with the community which will always have a positive impact.

Mianae

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Bitcointalk is the hub of cryptocurrency enthusiasts, every project should have their Ann here first for the verification of their team and whitepaper documents to ensure it meets some standards of being real. Ann threads helps minimize scam risk for investors any project whose Ann isn't listed here shouldn't be trusted.

Patrix_1

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Every solid team should have an ANN and usually publish all updates here, because the biggest amount of investors is coming from this forum. I hardly doubt that people that are investing in major IEOs outside from Binance never heard about Bitcointalk forum.

Topic: What do you think of tokens that did not update their Bitcointalk thread (Read 6089 times)