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Topic: What do you think of tokens that did not update their Bitcointalk thread - page 3. (Read 6059 times)

legendary
Activity: 3752
Merit: 1217
Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

That is not the right approach, because Bitcointalk is the largest cryptocurrency community out there, with millions of users from all around the world. Without advertising here in Bitcointalk, none of the projects will be able to attract investment for their ICOs. Therefore it is very necessary for the projects to constantly update their ANN thread. Most of them do that, but once the ICO is over, many of these threads become deactive.

This is why I have argued that whatever funds these projects attract must be held in third party escrow, until the milestones are completed. The funds can be released in installment as per the progress made by the project. This will make sure that the developers don't run away with the funds from the investors, and they are made answerable to the users.
full member
Activity: 630
Merit: 103
Mostly they are busy that the community manager will not bother to update the ANN tread anymore and beside they could answer immediately all questions and information that will ask by the participants and hunters that is why they are required to join the telegram.
member
Activity: 882
Merit: 13
It's a good sign if they are still active on telegram, however they are missing something if they don't update their project here in bitcointalk. Because as you said people and investors used to check the forum to look for projects to invest and not updating their thread here is not a smart move.
full member
Activity: 966
Merit: 111
Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

Because they can use different platforms to communicate and provide information about new developments. This can vary both from project to project and from which country the project originates from. For example, Europeans and Westerners, in general, use telegrams while Easterners can use Wechat, Kakaotalk and be active there.

Likewise, some projects may choose to publish their progress via Github or Medium.

In essence, project updates do not have to go through the Bitcointalk Forum. For the initial introduction this forum might be the right place. But after everything passes, they will update that in various ways like you mentioned above. So, it is not wrong if the project does not update in this forum.
sr. member
Activity: 951
Merit: 259
Bitcointalk cannot be the yardstick for each project. Most of the time it can't even be a telegram because when you look at big projects you might not find the telegram addresses.

Because they can use different platforms to communicate and provide information about new developments. This can vary both from project to project and from which country the project originates from. For example, Europeans and Westerners, in general, use telegrams while Easterners can use Wechat, Kakaotalk and be active there.

Likewise, some projects may choose to publish their progress via Github or Medium.
member
Activity: 1260
Merit: 21
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.

That's not entirety true just because some project don't feel the need to update their bitcointalk ann thread don't mean they are scam, many successful project that have their announcement here on bitcointalk that are still doing well but hardly come back to update this forum,

once they have the audience they are looking for from here, all other subsequent updates are posted on their social media account, they only use bitcointalk for ann and get investors and supporters.
full member
Activity: 980
Merit: 109
Perhaps this situation arises due to the lack of time or resources for the team to maintain the theme of the project on Bitcointalk in the actual state. In this case, if you support the project, worry about its development, you can contact the project team and become, for example, a moderator of their topic on the forum.
member
Activity: 868
Merit: 10
related to this I think Bitcointalk Threads, telegram channels, social media channels and other channels that contain information about their projects are very important to review, but if the team & developers do not update information about project development or their tokens, that is the criteria for fraudulent projects or tokens rubbish.
full member
Activity: 560
Merit: 126
Most of ICOs projects use bitcointalk in collecting money stage then they become inactive after that, because forums are not platform that suit companies in general. They start as team with no money that wants to create a product, after getting the money they start to act like a company using only social media that are more suitable. You pointed out that Bitcointalk topics always shows up in search engine like Google, but you forget one fact, those projects got all the money they need, to use paid advertising, so there is no need for free advertising anymore. It's like leaving your old girlfriend after becoming a rich guy. 
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
Depends actually. If they hired a moderator for their thread then I think good updates will be seen on their announcement thread but usually a social group like telegram is their prime hub since its easier to do an update there. Well I am looking also on the thread update but not pretty much depends on the person. But I think, updating some news also here in forum is a good communication for certain projects.
legendary
Activity: 3752
Merit: 1217
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.

This is what happened in all probability. Getting flagged is not going to deter them, as many of them have junior accounts or newbie accounts here. Getting a red tag can be very depressing for someone with 2-3 years of experience here, at the level of Hero member or a Legendary member. But it is not going to matter for those guys who have at the most a few months experience here. Even if they care, they can purchase a high ranking account for BTC0.01 or even lower. Purchase of accounts is no longer permitted here, but you can find advertisements outside this forum.

So this is the modus operandi. First they will set up a website and create white paper. Most of the contents will be plagiarized from other projects (or they can spend some money to find someone who will do these for them). Then they will create an ANN thread here, once again plagiarizing much of the content. Either they will manage the bounty themselves, or they will find some junior level guy to do that. Once the ICO is over, they will vanish with all the money. A few weeks later, they will appear with a different project, and the process will go on.
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
So normal, nothing is too serious if they don't update the information in bitcointalk. As long as the project is still active and making a product is enough
sr. member
Activity: 854
Merit: 252
Betking.io - Best Bitcoin Casino
That depends on their team, if the team is very active in the forum the bitcointalk thread will always be updated if there is progress but there are also many active teams in the telegram and it is very effective because many communities are now on the telegram channel.
legendary
Activity: 3304
Merit: 1202
Some of us think bitcointalk is like a chat or the old mirc and the truth is that this is not the case. So if a thread does not get comments or updates that doesn't mean the project have issues and more likely the project don't believe that a forum can have a big impact for their project. So before jumping to conclusion you should check their website, cmc situation , social medias status and so on because like I said bitcointalk is no a chat system and let me ask you this , how about big projects that had hundreds of pages on their threads and then simply locked and move on ? You think they scammed someone ? No they simply moved on and left the thread with all the info to be public.
legendary
Activity: 1722
Merit: 1014
I think every good project must have many different social channels being created and updated constantly to provide proper communication level with investors and potential partners. But each team decides individually what channels they should use.
member
Activity: 744
Merit: 10
Syntrum.com
It is necessary to update information on the forum thread, but I have seen old projects such as ethereum, some investors or community members voluntarily renewed the thread or provided information about the coin.
in addition, I have seen many new projects update information on their blogs and social media, so they are easier to interact with everyone and the occasional renewal is also needed but many of the community members already understand where they will ask about the project if there is no a reply to the message they posted here
jr. member
Activity: 224
Merit: 1
Bitcointalk is the largest here in the crypto so that i prefer to all of the developer to always update their project not only in bitcointalk also in social media like telegram. They must always update the investors also their are some investors that they have missed because they not updating their bitcointalk.
full member
Activity: 896
Merit: 100
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..

Bitcointalk is the biggest forum on the cryptocurrency market and I think the developer team should provide an update to their thread. But if the token of the project is already in the exchanger, sometimes the developer team prefers to provide updates through social media accounts and telegram groups

most of the developers are more focused on updates made on their social media. simply because the communication factor is easier to use social media than in their threads. but some projects are also still doing thread updates, to convey new things and development of products that have been run. it's very good for their community.
member
Activity: 840
Merit: 10
I think it is very bad from thoses teams to not update their bitcointalk thread. I prefer looking at bitcointalk than at their telegram channel as a lot of spammers/scammers are on telegram.
And not updating the bitcointalk thread make the coin looks like a dead coin.

For some projects or developer teams, the Bitcointalk forum is only a place to introduce the project because bitcointalk is the largest forum in the cryptocurrency community. From what I know, there are some coins that do not have an official thread on Bitcointalk but have fairly large transactions. Maybe the developer team prefers other ways of communicating like telegraph channels or Twitter which are wider in scope not limited to the cryptocurrency community
full member
Activity: 798
Merit: 103
I think it is very bad from thoses teams to not update their bitcointalk thread. I prefer looking at bitcointalk than at their telegram channel as a lot of spammers/scammers are on telegram.
And not updating the bitcointalk thread make the coin looks like a dead coin.
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