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

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.


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.

Apart from the fact that OGs can smell scam projects and their moves if they sniff harder, that's why they steer clear as most of new projects are only out to enrich themselves and not those who invest in them; OGs also don't want to be tagged if projects they shill turn scam. High ranked accounts, especially those with reputation, see their accounts as their identity and image and will do anything to protect them even though here is an anonymous forum. However, don't be surprised if you discover that some of those new accounts promoting these alt projects are owned by high ranked members.

It all depends on people choice and what they wish to do over here since most of the people often seen altcoin as a shitcoin they don't wanna give a fuck to any of this project because they always believe that these altcoin are introduced to come deceive people of their good coins such as their useful bitcoin and Ethereum or other established coin in their hands.
Therefore, some of these altcoin are being filtered out by reputable members, even me does that as well I don't just jumped into altcoin to promote and invest in them because I know there is always a possibility that they could fold up and scam people with their hand earned money.

I'm not disputing that AltCoins are profitable are not profitable coins. Besides if any AltCoin is reputable I assume it's likely to be inducted to reputable boards such as the speculations and trading discussion platforms.
The point is that it seems reputable senior members in this forum are distancing from promoting the AltCoin projects aside the fact that amateur forum memebers taking it upon.
But anyhow, I've gone through other memebers opinions and learnt that it's a default in a fact that reputable forum memebers tends to keep to their integrities so not to promote shitcoins that're not reputable for speculations which they can't afford to promote.

I've seen many threads being created by newbies in the Altcoin Discussion. Contents of the thread? They will ask a question to users and then they will promote the new project.

Why newbies? Because they can just create an account here then start promoting their shitty project. A high ranked users especially those active ones doesn't want to promote a new project especially if the chances of it being a scam is very high. I will not be surprised if this newbie accounts are being used by the developers of these new projects and they're coming here to promote their project.

Overall, just ignore all of them especially if you don't want to get scammed by these people. We know that the highest risk is at those new projects out there. It would be better to just focus on the top 100 coins in terms of market cap. Lesser reward but lesser risk as well.

Just as any project in here, there are also some marketing and advertisements going on. But as you've mentioned, they're more obvious and they've got more budget and force that lets people discuss about the project itself, it could be any memecoin, exchange or any crypto project that you're seeing around. It's not about the ranks but it's about the budget IMHO because with lower ranks, they've got lesser budget and pay for them as not so many folks read their thoughts unless they create a thread that gets attention.

Low ranking or being a newbie doesn't mean that he is actually like that, because creating an account on this forum is free so that at any time and anyone can create more than one account, so it could be a member who has been on this forum for a long time and has paid attention to what is currently trending then create a new project using a new account to avoid problems with the old account if it turns out the project doesn't go according to plan, but actually if someone does what I mentioned it proves that he is not sure he can develop his project well and his focus is only to get money after that go, and come back again with the same way but with another project.

It's a common practice here in the forum, I'll see newbies accounts that'll from their first post trying to promote a new project, with all the hype and promises that the token will make investors rich, but as usual experienced members will always counter them that it's a scam. I've even seen a new account that promoted a project on this board, and like 10 other accounts that were also created immediately began to also hype the project, the whole thing became so childish. Any genuine project that wants to promote in this forum should do the right thing, like Eloncoin.

Not every new project is ready to spend money from their pocket to advertise their product, so they chose bounty campaign which pays in their tokens and reputed members usually prefer to join in the campaigns that pays in bitcoin which is the sole reason why you don't see higher ranked members are not promoting the projects that pays in tokens.

I think that many times the lower ranking members that heavily create topics about altcoins have something to gain. I’m not sure if this is what you mean but it is my observations. The accounts I see most times are really new accounts asking for advice about a particular altcoin, but to me, it seems they are just seeing who they can convert to an investor in just a read. Seems to me like this is their only reason of existing here in the forum.

Those guys see altcoins as a shitcoins in which can't stand the rest of time so they don't have the interest to participate in them. And some believed that altcoins are to scam people and probably because of what has happened before. But there are some altcoins that good to invest and not all altcoins have the nature of scamming investors. And finally they believe that altcoins can't endure the long term signature campaign and they like to stay in a campaign that live long and not the once that comes here and stay for like 4 week and stopped.

Most of them are pretty scammy, newish or just in general not something that is worth their participation. Most of the time these campaigns of altcoins reward the coins that they promote (or of the project that they promote) and they're valued to absolutely close to nothing once they're given out or are available to sell. Compare that to in general, projects that actually give out something, it's reasonable to expect that most people would prefer talking about those coins to temporarily hyped up coins.

If they started improving in quality then people would naturally start talking about them imo.

Because old members have seen way more altcoin scams then new members. So they A: don't want to promote something that's probably a scam and B: they know that those tokens probably aren't going be worth the time.

Most of these projects give themselves a valuation, like distributing 100$ worth tokens per week and that's purely based on marketcap they themselves are setting. Just the distribution and tokenomics can be a cause to huge sell off at the start. Like giving free tokens all around, or giving huge discounts to early birds and assuming they wouldn't sell at any profit. There are so many ways these scams operate and so many things that these alts can fail that it would need whole another seperate thread. But at least 95% of them will fail nearly instantly. Many of them are going to be slow rugs and just poorly organised projects, and tokens no on needs. Number of failed new projects goes near 100% when it's a bear season.

I have a theory that if newbie accounts are shilling about some new altcoin, it's 100% scam. They are either the 5cent army funded by the developer or the developer's own desperate measure to get attention. Whatever be the reason, I don't think they are achieving anything except for some backlinks. Almost all of the members are intelligent enough to research on their own rather than believing a statement by another anonymous user.

Most of the altcoins promoted on this forum are hit & run projects, therefore it's too risky for higher level users to promote them, I'm not just talking about signature campaigns here, but also about the topics opened in Altcoin Discussion. For the second question, IDK the answer for sure, but for some time I've seen accounts that were prepared to enliven several projects, for example this user: Cryptoababe

You should know that despite having a section for altcoins discussions, this forum was meant for Bitcoin discussions only but the reason why the altcoins discussions section must have been created is because Bitcoin is also a cryptocurrency and other cryptos often referred to as altcoins, shitcoins, meme coins also follows after Bitcoin so there are users in the forum that have a broad knowledge about Bitcoin and also invest in altcoins.

Not only high ranked members but majority of forum members doesn't visit the altcoins discussions session because their interests in mostly towards Bitcoins and nothing else. Some others who also stays away from the altcoins discussions may be victims of either getting scammed or they invested and lost all their money on altcoins so those kind of people doesn't near anything altcoins related discussions.

Moreover, if you also navigate through the altcointalk forum, majority of discussions there are also about altcoins discussions and only few talks about Bitcoin there and majority of the people discussing about Bitcoin over there are basically people that either teleported their accounts to the altcointalk forum or they moved out of Bitcointalk forum and finds the altcointalk forum more convenient for them to dwell in.

In summary, majority of BTT members don't find altcoins safe enough to invest in that is why they pay less attention to altcoins discussions, in other words altcoins are not reputable projects to invest in.

Both are possible, but if the project is unable to run a promotional campaign that worth thousands of dollars, it cannot promise investors millions of dollars.
If there is a project that tells you that you will become rich, and yet its spending on promotional campaigns is very low, this is a sufficient negative sign to ignore investing in it.

I don't think so that's a right statement. This could be a possibility that you might be a new member to the forum from a year or some months. Memecoins have taken control of the market since they have started to give some good profits on investments.

But the individuals with good experience share their thoughts on altcoins as well and mostly altcoins give you some good profits that's why they're not discussed mostly in speculations or trading.

Simple, the altcoins project pay less than the project that paid in Bitcoin.

Many of respected users in this forum get paid around $100-$200, if there's an altcoins project willing to pay $300 or more in Bitcoin or top 10 altcoins, I believe many of them will leave their current campaign to promote the altcoins projects.

But take note, if you mean promoting is to shill the project, they might reject the offer. But if it's just wear the signature without any other requirement, they will be fine.

I used to wonder the same thing too because I've never seen where a new project is being promoted by high ranked forum members, except perhaps for a few top altcoins like Ethereum and BNB, they only contribute in discussions. Like Zaguru12, have clarified, I agree with him that reputable forum members are more focused and interested on the most reputable crypto being Bitcoin, and they don't want to dent their reputations by hyping or promoting a project that can end up being a scam. There are more scam projects than legit ones, and they keep increasing everyday

When icos were popular many years ago and the forum was the main way for developers to promote those projects, you saw all ranks promoting them with the use of their signatures or doing so on social media, so what changed? The quality of the projects promoting themselves here went down, the popularity of icos dropped like a rock, the pay which you could get went down, while the effort you needed to put forward went up, and finally many people got burned with icos, and they decided to never promote another project which could cause them those kind of losses.

It’s a one way something, that reputable members are core bitcoiniers and they only see bitcoin as the coin and any other altcoin as shitcoins. It is not that some do not buy this Altcoins but they don’t shill them because they see it as something that can get to zero and if it’s happens it dents their status in the forum as reputable member.

The other thing is, most of them have this believe that this is not a Altcoins main forum even though there is a designated board and as such they do not like to promote other coins here

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?