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Topic: Why'AltCoin and related projects mostly been promoted by lower rank memebership? (Read 307 times)

full member
Activity: 1442
Merit: 108
a project is on this forum for marketing purposes in the hope that the project will be hype and attract the attention of many investors, while bounty hunters follow bounty with the aim of marketing and getting rewards. This is mutualism because it is mutually beneficial and there is no goal other than cooperation as I have explained. High ranking members and low ranking members are free to choose any project, the most important thing is to be eligible to participate in the bounty.
legendary
Activity: 2884
Merit: 1117
Everyone holds AltCoins as you may say but I don't have one yet because the trust of investing on it isn't there yet due to the fact that the promoters particularly in this platform are amateurs to be convinced that the promoting projects could be feasible. I don't understand why a newly account would just come up and start expatiating of marketing strategies focusing more on convincing Investors.
If theese AltCoins and MemeCoins has learnt of this, why ain't they focusing more on hiring reputable people in the forum to do the promotion? Maybe they really know that their projects ain't reputable like that to deal with reputable promoters.
It really feels cautious on picking any cryptocoin for investment.
Because they don't have a budget to pay the reputable users.

They're paying with their own token which they promise the price will be same like what they speculate, but most of reputable users will reject the offer and ask them to pay at least with top 10 altcoins.

Even reputable users didn't like altcoins, but they can convert the reward to Bitcoin, it's simple.
I understand not being able to pay for a legendary account and such. But, some of them just share spam topics here, whereas they could simply just have a copper membership and share an announcement page instead. I do not get what a project that lacks funds to even do that, is looking for in the market to begin with? Like if you do not have even a few thousand dollars for marketing, how do you really plan on making money when you think about how much marketing that is required with this?

You need to realize that you are going to end up with a lot of trouble if you are not careful and if you know what you are doing then you are going to end up making a good chunk of money. So first find the funds to be able to do this, then start looking for other stuff.
sr. member
Activity: 448
Merit: 264
Investing in altcoin is a choice and many people that are reputable in the forum do not like altcoins and that is why you see Newbies, Members who are projects owners or promoting one projects or the others are posting in the altcoins section.
While the others post in the other Boards but don't think that they are not coming to the altcoins section to cross check posters there. They normally come and check if the the posters are doing well and others spies
hero member
Activity: 1148
Merit: 796
Everyone holds AltCoins as you may say but I don't have one yet because the trust of investing on it isn't there yet due to the fact that the promoters particularly in this platform are amateurs to be convinced that the promoting projects could be feasible. I don't understand why a newly account would just come up and start expatiating of marketing strategies focusing more on convincing Investors.
If theese AltCoins and MemeCoins has learnt of this, why ain't they focusing more on hiring reputable people in the forum to do the promotion? Maybe they really know that their projects ain't reputable like that to deal with reputable promoters.
It really feels cautious on picking any cryptocoin for investment.
Because they don't have a budget to pay the reputable users.

They're paying with their own token which they promise the price will be same like what they speculate, but most of reputable users will reject the offer and ask them to pay at least with top 10 altcoins.

Even reputable users didn't like altcoins, but they can convert the reward to Bitcoin, it's simple.
full member
Activity: 350
Merit: 128
this is because the low rankers are artificial accounts that were deliberately created to promote the project, because if they were reputable members, they would not promote crypto projects carelessly because the project could destroy their reputation. therefore you will see that it is very rare for reputable members to promote new altcoin projects, because they are very careful when promoting new projects since it could be a scam and deceive investors and they don't want to take the risk of that.
Also a lot of the people promoting those projects use several accounts or even bots to promote those projects, and it is way easier for them to create a bunch of new accounts than to try to rank up like everyone else, this in return makes reputable members even more wary to promote such projects as they do not want to become part of a campaign that is willing to recruit such users, and in my opinion those two factors are creating the present situation in which high rank members prefer to stay away from such projects.

altcoins are for shitcoiners they say. but then everyone also holds altcoins. yup, that's how it is. even in online forums where it's supposed to be fun and memes all the time because we're all anonymous, users think they have a reputation to keep. i guess because people are doxing each other as well. ETH back in 2015 means you are a shitcoiner. things changed now even when it's a fact that it's still an altcoin.

if you want a project promoted by high rank reputable users, pay using BTC. whether it's a memecoin you want to promote, there will be a high rank with a green trust who will promote that project.

Everyone holds AltCoins as you may say but I don't have one yet because the trust of investing on it isn't there yet due to the fact that the promoters particularly in this platform are amateurs to be convinced that the promoting projects could be feasible. I don't understand why a newly account would just come up and start expatiating of marketing strategies focusing more on convincing Investors.
If theese AltCoins and MemeCoins has learnt of this, why ain't they focusing more on hiring reputable people in the forum to do the promotion? Maybe they really know that their projects ain't reputable like that to deal with reputable promoters.
It really feels cautious on picking any cryptocoin for investment.
legendary
Activity: 3178
Merit: 1054
this is because the low rankers are artificial accounts that were deliberately created to promote the project, because if they were reputable members, they would not promote crypto projects carelessly because the project could destroy their reputation. therefore you will see that it is very rare for reputable members to promote new altcoin projects, because they are very careful when promoting new projects since it could be a scam and deceive investors and they don't want to take the risk of that.
Also a lot of the people promoting those projects use several accounts or even bots to promote those projects, and it is way easier for them to create a bunch of new accounts than to try to rank up like everyone else, this in return makes reputable members even more wary to promote such projects as they do not want to become part of a campaign that is willing to recruit such users, and in my opinion those two factors are creating the present situation in which high rank members prefer to stay away from such projects.

altcoins are for shitcoiners they say. but then everyone also holds altcoins. yup, that's how it is. even in online forums where it's supposed to be fun and memes all the time because we're all anonymous, users think they have a reputation to keep. i guess because people are doxing each other as well. ETH back in 2015 means you are a shitcoiner. things changed now even when it's a fact that it's still an altcoin.

if you want a project promoted by high rank reputable users, pay using BTC. whether it's a memecoin you want to promote, there will be a high rank with a green trust who will promote that project.
legendary
Activity: 2534
Merit: 1338
this is because the low rankers are artificial accounts that were deliberately created to promote the project, because if they were reputable members, they would not promote crypto projects carelessly because the project could destroy their reputation. therefore you will see that it is very rare for reputable members to promote new altcoin projects, because they are very careful when promoting new projects since it could be a scam and deceive investors and they don't want to take the risk of that.
Also a lot of the people promoting those projects use several accounts or even bots to promote those projects, and it is way easier for them to create a bunch of new accounts than to try to rank up like everyone else, this in return makes reputable members even more wary to promote such projects as they do not want to become part of a campaign that is willing to recruit such users, and in my opinion those two factors are creating the present situation in which high rank members prefer to stay away from such projects.
full member
Activity: 868
Merit: 202
this is because the low rankers are artificial accounts that were deliberately created to promote the project, because if they were reputable members, they would not promote crypto projects carelessly because the project could destroy their reputation. therefore you will see that it is very rare for reputable members to promote new altcoin projects, because they are very careful when promoting new projects since it could be a scam and deceive investors and they don't want to take the risk of that.
full member
Activity: 2548
Merit: 217
With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
My guess would be that these new projects with not much budget just get anyone to promote themselves and usually beginners eat it up and just take what they can. Since they have low rank anyway probably they do not think about the consequences of their actions.

I have also noticed that some of these people just create accounts in here for the sole purpose of promoting a single project and then abandon the account right after.
sr. member
Activity: 308
Merit: 256
With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
I don't know know if it's as a result of not being reputable projects that's why the trends in the forum is not being influenced by higher or respectable memebership ranks in the forum.
Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?

I believe those projects are not enticing enough for the higher ranked member of which most of there concern are pretty much on Bitcoin but a lower rank member may assumed that they are less experience and needed to get much of the experience in such projects in order to be able to know more about them and probably be bold enough when talking about them.
sr. member
Activity: 1008
Merit: 262
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There were many answers that accurately reflected what I was feeling about understanding the market or having the comfort of choosing safer things that made them prioritize Bitcoin.

But there are situations of seeding by people who want to attract attention with meaningless things, they use new or low-level accounts to introduce products through words filled with delusion. Anyway, this is not a strange story to many people, but it is not a serious problem at all, because on other channels the advertising activities are even more ridiculous.
Sometimes it's just too funny to see newbie accounts trying to shill unknown crypto projects in the most cruel way. Shilling is good and there is nothing wrong with that but we just have to be professional in anything we are doing so that we don't end up presenting a good project in a bad way that could make the team to see it as something not worth it. When a project need to be present to the forum, it could be direct or indirect with enough information so that one could always make self inquiries about the project.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
I don't know know if it's as a result of not being reputable projects that's why the trends in the forum is not being influenced by higher or respectable memebership ranks in the forum.
Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?
No I think actually the reason behind the fact that higher member are not promoting altcoins is that mostly the higher member are experienced and they know how to quantify a project and how to evaluate it on the basis of performance. Mostly the projects that are high fundamentals have already being known by many individuals and they don't need to be promoted.

Now the new projects are difficult to evaluate and predict that's why most people try their level best to avoid promoting these type of projects.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
There were many answers that accurately reflected what I was feeling about understanding the market or having the comfort of choosing safer things that made them prioritize Bitcoin.

But there are situations of seeding by people who want to attract attention with meaningless things, they use new or low-level accounts to introduce products through words filled with delusion. Anyway, this is not a strange story to many people, but it is not a serious problem at all, because on other channels the advertising activities are even more ridiculous.
full member
Activity: 266
Merit: 120
In general projects that hire lower-ranking accounts to post on behalf of them and shill projects on the forum. You may have found some higher-ranking accounts doing so, but they aren't well known or reputable here. They are simply spam and shill projects here. They hire through various platforms like Fiverr to shill their projects. So if you notice such activities, just ignore them. They are doing paid shifting.

Okay right about it, I've got to understand that high ranked accounts are potentials to influence projects in promotions and due their reputations, they can easily create wider spread of the coins so since most AltCoin projects are shilly, the reputable forum accounts chooses to maintain a highily reputations of integrities so that they don't contribute to such scamming and foldable projects.
So they either chooses to o hire the lower ranks to join on their campaigns in a massive concept struggling to gain weight over the crypto industry.
Just like @ The Cryptovator said, altcoins are often projects that are not reliable and no reputable members of the forum (between hero and legendary) would want to compromise their integrity promoting scams and shilly projects that is why majority of them stays off from altcoins discussions.
full member
Activity: 350
Merit: 128
In general projects that hire lower-ranking accounts to post on behalf of them and shill projects on the forum. You may have found some higher-ranking accounts doing so, but they aren't well known or reputable here. They are simply spam and shill projects here. They hire through various platforms like Fiverr to shill their projects. So if you notice such activities, just ignore them. They are doing paid shifting.

Okay right about it, I've got to understand that high ranked accounts are potentials to influence projects in promotions and due their reputations, they can easily create wider spread of the coins so since most AltCoin projects are shilly, the reputable forum accounts chooses to maintain a highily reputations of integrities so that they don't contribute to such scamming and foldable projects.
So they either chooses to o hire the lower ranks to join on their campaigns in a massive concept struggling to gain weight over the crypto industry.
hero member
Activity: 2212
Merit: 805
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With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
I don't know know if it's as a result of not being reputable projects that's why the trends in the forum is not being influenced by higher or respectable memebership ranks in the forum.
Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?

Imo, For a high ranked member, you would be putting your reputation on the line should you decide to shill or represent an altcoin project in the forum. The reality is that most times, plenty things tend to go wrong with altcoin projects and having supported such projects, you have successfully tarnished your reputation and void yourself of certain privileges in the future. For lower ranked members, there's almost nothing at stake to be lost compared to a high ranked member.
legendary
Activity: 2408
Merit: 2226
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In general projects that hire lower-ranking accounts to post on behalf of them and shill projects on the forum. You may have found some higher-ranking accounts doing so, but they aren't well known or reputable here. They are simply spam and shill projects here. They hire through various platforms like Fiverr to shill their projects. So if you notice such activities, just ignore them. They are doing paid shifting.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
I don't know know if it's as a result of not being reputable projects that's why the trends in the forum is not being influenced by higher or respectable memebership ranks in the forum.
Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?
Have you heard of shilling before? I think that is what some of the new accounts are doing trying to tag some project good in the face of the forum members and mere looking at it, the project might be a good one that could be rewarding sometime.
The reason why reputable accounts on the forum do not involve in shill here is because it is against the policy of the forum.
Sometime if a shilled project ended to be a scam, the reputable of the people that shilled it could be affected but not destroyed.
full member
Activity: 1582
Merit: 132
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It seems this is related to the marketing and promotion system of crypto projects. And indeed, the higher the promotion, the higher the cost of the project. Moreover, if we rely on native tokens or native coins that we can get as prizes. where we don't really understand what will happen to these coins. especially when it comes to new altcoins that emerge due to hype or various new altcoins that don't yet have significant financial growth, this will be quite helpful in anticipating.

Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?
It shouldn't be related to manipulation and scam, this is possible, it might happen. But it's more about their promotional costs here. Usually brands with high ranks and experts in promotion will pay higher fees. while many recent projects are not capable of doing so. So yes, it depends on the budget too.
sr. member
Activity: 532
Merit: 250
With all due respect, in the long run that I've been in this forum and has been around in the AltCoin Boards, I figured out that AltCoin and it's related some projects is being hyped just for promotions by most especially lower membership ranks of the forum.
I don't know know if it's as a result of not being reputable projects that's why the trends in the forum is not being influenced by higher or respectable memebership ranks in the forum.

Your thoughts could be right and for the nature of how altcoins are, it is very risky to trade with them or show support for them. As a reputable and high rank member of the forum, your reputation could be at stake if a project you promote or show support for don’t make it and make people lose their money. For low rank members who might be naive and have no idea of them could be entice to promote them while some could also be their members registering here and promoting their projects.

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Or are the projects just manipulations of having those lower rank accounts active and introduced specifically for meme speculations?

Low cap projects will go any length to promote their projects to gain a lot of profit after lunch and soon exit the market when what they want is achieved. It could be for this purpose also.
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