Post
Topic
Board Tokens (Altcoins)
Re: eBitcoinCash (EBCH) Announces Project Details!
by
Kingofcryptos
on 24/11/2017, 01:34:32 UTC
I think Dolores has a point , It's very important to build your investor's trust. Well if you say bitcoin become successful without our knowledge who created it. that's is because it gained so much trust and confidence through the course of time. Unlike today's Airdrop coin where people can create something out of thin air and spitting some promises, Website update, Whitepaper release, More exchange coming soon. and soon. blah blah and then dump all of a  sudden. Ahhh I forgot I got banned in Telegram for saying "the price drop when it hit new exchange". However I will give the benefit of doubt lets see how this project goes, and PS. sold all my holdings.. better put that money into more concrete team. Chiao..Chiao... Cheesy

I am also in agreement with you and Dolores. I never said, there are no scam coins. Forget about airdropped coins, even best ICOs where I invested money turned out to be full of promises but nothing else. So promises are promises until you start seeing execution. Even google looked like scam when they came with their IPO 10 years back, as soon as they got listed on the exchange they were dumped below its IPO  price. Same thing Facebook has to go through. FB IPO price three years back was $30 or so, when they got listed within a week it was trading at $18 or so because they could not prove to their investors how they are going to generate revenue in the era of smartphones, you can see today FB is at $180 or so and Google after split of 10/1 is at $1,000. But those are example of successful companies which were backed by strong teams. There were other companies (like Yahoo netscape, AOL competitor for google and several for FB) that could not do well.

Good part is that eBCH has not taken any money from any one like most ICOs do and then close shop. They just airdropped their coins so they can get large group of backers whom they will utilize to run their own cryptoexchange. How, they will monetize this large group of backers depends on their plans, strategies and gut-feeling. Nobody would invest so much time in airdropping, listing, and developing project, if they did not believe in it. The obvious signs for scam coins, is right on etherscan contract (you will see question marks and no links to their social media, no price for tokens, when you select token to search it will have 'no check mark'). Also, they won't be on coinmarketcap and evenif they make it to conimarketcap, they will have question marks for their market cap and circulating supplies. So, the person who wants to scam will never provide all this info as they just want to make quick money and run when the price is hot.

eBCH has even told all their backers not to sell in the market at any price as of now until they see the project. You can easily review ebitcoincash contract on etherscan. You will see clearly marked tokens for developers in two contracts (10M tokens for long-term capital investment and 1.7m to pay their current liabilities to vendors for purchase of software, listings, website development etc.).

I am not writing to invite you to put your hard-earned money in this project. My request is just that first do your research as an educated person before you comment on any token as 'Scam' token. And if you comment something as 'Scam' then back-it up with some concrete evidence. Follow two developers' account and when you see large money moving in and out, then you can call it "SCAM" and I will join with you. You have the address for the contract and address of all token holders..download them on excel..then do an analysis and come back with proof of that you saw big money moving in and out rather than just shooting in the air with closed eyes.