Will You Trust a Project Announce BY A Legendary Member

Jackl87

sr. member

Activity: 1722

Merit: 269

I would definitely have more trust when a legendary announces or recommends a project than a newly created account.
That being said, until the switch to the merit based system it was pretty easy to reach legendary status in a certain time.
Only 1 week before i reached Sr. Member ranked they introduced the merit system Lips sealed

.
So being a legendary member doesn't mean that he knows what he is saying by default.

amonymous

full member

Activity: 1177

Merit: 102

Hy Not forever even i can believe if a legendary member has good previous qualifications.

I am interested in researching the project first because I am reluctant to work on any doubtful bounty and I always look forward to pursuing the best project to invest. There are many legendary members who rush to manage the bounty by doing some research which is actually the result of later scamming/death coin.

stiffbud

hero member

Activity: 980

Merit: 500

Quote from: lxiaoh on August 30, 2020, 12:27:24 PM

Generally speaking, higher-level accounts are more trustworthy than lower-level accounts. But the important is what about the quality of the project? And dentifying the quality of the project needs to rely on ourselves to search, to know the project's detail,team,etc...

As everyone knows that accounts can be brought and sold and this makes all the accounts equal to me, in my eyes if a project is announced by either a jr. member or a legendary member will be equal to me as I will do proper research before investing in those projects and won't ever trust any online identity whom I have never met face to face in my entire life even with a single dollar from my funds.

lxiaoh

full member

Activity: 533

Merit: 100

Generally speaking, higher-level accounts are more trustworthy than lower-level accounts. But the important is what about the quality of the project? And dentifying the quality of the project needs to rely on ourselves to search, to know the project's detail,team,etc...

Annamike

jr. member

Activity: 230

Merit: 1

I believe a project manged by a legendary member should be trusted cos I believe they have been in the system for a long time and should be able to know a scam project but irrespective of who is managing a project, I also take out time to do my own investigation

Icologies

full member

Activity: 994

Merit: 100

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Quote from: arufox on August 28, 2020, 02:08:39 PM

Legendary or not, I think this is not important. There are many factors behind my trust in the project. Before joining any campaign or investment I will look at the track record, and for me, this is the most important. Recently bubbalex became popular because the DIA project became so successful, not only that, Cartesi is an example of a good track record that managed by him And his rank is only Full Member

I a gree with you Positive ranking or trust is not a benchmark for the project to succeed instead what happened was the opposite, projects turn to ashes and even just disappear checking from all sides is the solution so that work and investment is not in vain

arufox

full member

Activity: 1119

Merit: 206

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Legendary or not, I think this is not important. There are many factors behind my trust in the project. Before joining any campaign or investment I will look at the track record, and for me, this is the most important. Recently bubbalex became popular because the DIA project became so successful, not only that, Cartesi is an example of a good track record that managed by him And his rank is only Full Member

Alohadanc3

member

Activity: 1050

Merit: 10

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It depends on many factors. But most probably if a member or a junior member is less trusted than a legendary member. But that doesn't mean legendary members always came with legit projects. Cause everyone those who are doin campaign normally do it for money. So when a legendary or eeven a j.member doing this the resin is same for both. And most of th time the fault is in the project not who are promoting it. But in easy ans a legendary member is always trusted than a low rank member.

tracyhayley

full member

Activity: 652

Merit: 103

Quote from: ?? on ??

yes I believe because legendary already has more experience and experience than enough to be believed. however you still need to review with what you want to invest. do not be lazy to read the whitepapper and other supports in making decisions.

in fact, most of legendary member are getting paid to post some project announcement. even they also create the bounty topics for the project. but i believe that the legendary member won't choose and cooporate with some projects carelessly. because their reputation are at stake. so we can trust the legendary member a bit. of course the decision depend on us. as you said, we must do your own research before you choose the project.

PerfectCircle

member

Activity: 252

Merit: 11

It depends, either high rank members or low ranked members what interests me is the project's quality, nowadays people buy legendary accounts to promote even scam projects so don't be surprised if you promote a project from a legendary member and it later turn scam.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

some are good/legit. yeah i may be an ass but i call it as i see it and have helped many avoid scams/losses, and in some cases suggested coins where ppl made money. but this is not a site for financial advice hahaha.

but also many legendary accounts are fake/BS and bought...so they will be used to promote shitcoins scams sadly.

Squezzi55

member

Activity: 266

Merit: 11

High ranking members are more trusted than new bitcointalk accounts, this is why I fear new bounties from new accounts, I've seen too many making complains about such bounties, I would choose legendary member bounties over newbies or junior member accounts

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Quote from: Kvalentine on June 30, 2019, 11:09:15 PM

Legendary members are more trusty than Jr members when introducing a project but the legendary member account must not have red trust and the account must have atleast a trust rate +1

I agree, also you in yourself you must seek an informations regarding the project that they mentioned to you before you decide on your own if its okay to participate or to invest on that project, so that if there’s something bad happens, you have nothing to blame.

NVZNtoken

jr. member

Activity: 43

Merit: 2

Why would I ever "trust" any project at all? Don't trust, verify.

lenovop-70

full member

Activity: 1190

Merit: 108

50 percent I will believe in him, because surely a legendary rank will know that the project is a scam or not based on his experience in this forum, and the remaining 50 percent, I will try to read the purpose of the project and try to find out who is the peoples in it. I will find out about them on linkedin or their profile in the official website. This method has worked several times, even though some project tokens are not much expensive, but at least their tokens can be traded, not bad for bounty hunters like me that paid even a little.

lebregone

jr. member

Activity: 298

Merit: 5

It will depend to the situation and in this kind of situation that the Legendary member is even saying that he is not part of the team then I need to be extra careful to it.
Not only if the Legendary member is a reputed one and he will claim that he is part of the team and will vouch the credibility of that project.

Reputation is very important to this forum therefore many will surely trust a project that were being backed by a reputed member of this forum but of course the investors will not just
base according to it as they will surely dig the background of the project first before they will decide to invest.

Text

hero member

Activity: 2464

Merit: 594

Quote from: joshua123 on August 17, 2020, 02:12:26 AM

Depends of course. There is a trust system here and if that guy has a lot of negative do you think he can be trusted? A lot of users here with legendary rank has been accused for many scam activity and much better to join campaign that is fully trusted or those with history of succesful handling of campaigns than just based it on rank.

I don't think a high rank is as reliable as a legendary member with a negative rating. But, keep in mind that not all negative ratings fall into the preference of other members. The others just left the red trust to get revenge.

It's up to you if you really trust someone like him. So we should read what is in his trust ratings.

If you know that you have a bad experience or are suspicious of what he is promoting, just avoid it.

joshua123

full member

Activity: 527

Merit: 113

Depends of course. There is a trust system here and if that guy has a lot of negative do you think he can be trusted? A lot of users here with legendary rank has been accused for many scam activity and much better to join campaign that is fully trusted or those with history of succesful handling of campaigns than just based it on rank.

havoc928

full member

Activity: 379

Merit: 100

Decentralized Ascending Auctions on Blockchain

Quote from: ?? on ??

Quote from: bangkecol on August 16, 2020, 07:56:32 PM

Projects that announce by a legendary member is not always a promising projects. But, sometimes a promising projects is conducted by a legendary member because this rank is high. I personally will research project first beside announced by legendary member.

you are right. besides that, the most important thing is not whether he is legendary or not, but whether the project he is carrying out is worth it or not. Well, looking at BM is only a few percent of the research that needs to be done. besides that, BM is not a determinant of the success of a project.

Fact! A project pronounced by high ranking members are not surely a good project. However, when a high ranking member pronounces about the project, they use their reputation and credits to somehow ensure that they have done researches about the project. Following a project that announced by legendary member, newbie can somehow feel safer. However, we need to keep our mind clear, don't always follow them. DYOR first!

bangkecol

sr. member

Activity: 784

Merit: 314

Projects that announce by a legendary member is not always a promising projects. But, sometimes a promising projects is conducted by a legendary member because this rank is high. I personally will research project first beside announced by legendary member.

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