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Topic: What's with these Binance ICOs? - page 7. (Read 18924 times)

sr. member
Activity: 1372
Merit: 322
February 26, 2019, 11:38:11 PM
#24
Fetch is affiliated with Binance and that's why it has been sold out. Also, ICOs are dead only if the project is scam or if the project is a shit. Good things always have a place to grow.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
February 26, 2019, 06:58:29 PM
#23
The voice has been raised a lot about this new policy that Binance has exercised, with respect to accepting trade with these projects. It is true that people want to trade at high levels, and the adoption of these policies lowers the reputation of this Exchange, which is level 1, and which is in the top 5 of the world ranking.
full member
Activity: 476
Merit: 100
February 26, 2019, 06:49:09 PM
#22
I don't care about any projects in the launchpad. What is clear is that Binance always works well. They are good partners for ICO developers. And I'm sure every ICO in the launchpad is a good ICO.
hero member
Activity: 2282
Merit: 505
February 26, 2019, 06:25:43 PM
#21
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Binance big investors aside, binance helps those projects get massive hype
Which is important in crupto currency

But don’t rush and buy binance icos, dyor first and be sure what u are getting into
Not only massive hype but the fact that binance was helping us to verify that ico too, only the ico that has already reviewed and verified by the binance exchange site will be listed on that site. So many icos but there was only one or two icos are being listed on there.
member
Activity: 1540
Merit: 68
February 26, 2019, 05:42:35 PM
#20
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Binance big investors aside, binance helps those projects get massive hype
Which is important in crupto currency

But don’t rush and buy binance icos, dyor first and be sure what u are getting into
sr. member
Activity: 758
Merit: 250
February 26, 2019, 05:41:19 PM
#19
If these ICOs were executed by a group of anonymous people they would have failed. The reason for its initial successes is because it's in Binance and big players supporting it, unfortunately this is the market and before participating in these projects is to do a good research and then have no regrets. Roll Eyes
hero member
Activity: 798
Merit: 531
Crypto is King.
February 26, 2019, 05:33:02 PM
#18
Binance looks like a big circle jerk for China and the devs that are allowed to participate in all of the unregulated areas. Their "ICO Launchpad" shows coin distribution that is horrid. Check out the one running now for FETCH.

https://launchpad.binance.com/en/project/44

https://ex.bnbstatic.com/images/20190225/8c36fb44-79f8-42d5-a3e9-99ff3e311eb7.jpg

61.6% is already set aside for "Advisors, Private Seeds, Team, Foundation". Full market control and saturation before it even comes out and it's in the hands of the controllers. They're basically hosting their own P&Ds and flaunting it.

Only 15% will go to miners. Then 17.4% for "future release". Future release? Does that mean after they're done dumping the 60% on people they will just dump another 17.4%?
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
February 26, 2019, 05:03:02 PM
#17
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?
The top crypto exchange is behind these wholesale and this is dangerous if something goes wrong on project. Many people are buying for making money and the limitations are not enough for specific investor groups. It was sold out less than 5 minute and this will attract other projects for listing their ICO in binance.
full member
Activity: 1176
Merit: 162
February 26, 2019, 04:58:52 PM
#16
Binance has high and good reputation, they will not accept any projects they have high standard too given that they are confident to launch an IEO (Initial Exchange Offering) with Fetch it means they have fully verified this project and will not ruin their name. I have seen a few of this IEO on different exchange too but the impact not like with binance And they have a lot of supporters and whales.
member
Activity: 238
Merit: 10
February 26, 2019, 04:50:21 PM
#15
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?
I liked how this article describes it - https://chainbulletin.com/fetch-ai-ico-sells-out-in-minutes-on-binance-launchpad/.
Bittorrent did a 10x after the ICO, people seem to think this success rate will continue with the next ones on Binance. Similarly to Basic Attention Token and how it made easy money for participants, leading everyone else to enter ICO-s.
The hype will end after the first ICO which doesn't bring profits. Until then - enjoy.
hero member
Activity: 1358
Merit: 509
February 26, 2019, 04:46:30 PM
#14
This is mostly related to Binance. It can be seen as the place where people's ideas are the same. They think they are gonna make a profit if the currency is sold in Binance. I know the currency is good too, but it would not sold out in 22 seconds in others.
member
Activity: 451
Merit: 10
February 26, 2019, 10:55:22 AM
#13
I think all the ICO sold out because of binance, it's a top 1 cryptocurrency exchange in the world, daily trading volume is too big, community including a lot of big whales, binance is a key and let the project ICO become successful. Let us guess if the ICO is run on small exchange, do you think the result is same, I only know that cryptocurrency is not dead yet  Smiley 
sr. member
Activity: 840
Merit: 266
February 26, 2019, 10:05:15 AM
#12
The fact that this ICO will get an instant listing on Binance is enough to make any ICO sell super fast even if that ICO was useless, let us face it almost everyone joining an ICO is only joining with one intention which is making a profit they probably do not even care about what the project offers and we all know that every investor dream is to get the ICO invested in listed on Binance so if a project will fulfill this dream with no doubt investors will rush to buy in it without even a second thought. Anyway, I think Binance ICO is just a new hype and will take its time and end like any other Hype.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
February 26, 2019, 09:55:21 AM
#11
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?
Have you seen what already happened with those early investors of BTT? they have been getting a lot of money dude. they got 7x return instantly and those fetch.ai investors are looking for that. That coin will be instantly listed on binance and will be a big thing for them all.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
February 26, 2019, 09:03:34 AM
#10
Absolutely because Binance has extremely huge daily trading volume. It makes the hype for the ICO, does not always mean the ICO is good. And when an ICO is held via Binance, it will be instantly listed Binance Exchange, so investor will not need to worry whether they can sell their coin or not after the ICO is concluded. In my opinion, this is good, why? Because Binance do the check and research before they decided to facilitate an ICO. So, at the very least, it reduces our work as an investor.
hero member
Activity: 1361
Merit: 506
February 26, 2019, 07:35:24 AM
#9
Binance is like Tron, they have very powerful marketing and everything what is connected to Binance is hyped for few days, the question is if it is okay.  Roll Eyes
full member
Activity: 1148
Merit: 116
February 26, 2019, 07:30:07 AM
#8
ICOs are not dead and I'm tired of hearing it over and over again ,investors are now very smart at going after better projects only that's why bitorrent and fetch.ai ICO was a success,its a good thing that many are scam that's the only way many will learn and be more extracareful when choosing any ICO projects
jr. member
Activity: 74
Merit: 1
February 26, 2019, 07:23:46 AM
#7
Binance is the biggest exchange for the moment. Everything he throws succeeds. And it's the same for all his ICOS!
sr. member
Activity: 602
Merit: 252
February 26, 2019, 07:06:18 AM
#6
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?
Yes, it is all because Binance is launching it. When Binance launches the Token, surely it'll give trade support through their Binance coin. This adds value for their coin through circulation. Next thing is the focus on big giants, market is filled with whales and this network too is getting turned for the people with huge funds.
sr. member
Activity: 714
Merit: 250
February 26, 2019, 07:02:48 AM
#5
After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?
Exactly, because these ICOs are held in Binance. If these ICOs are not organized in Binance, I believe it will fail like many other ICOs today.
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