Re: Swissborg is a scam?

I invested in this ico with just around 500usd.
now its down 64percent?
ETH value down 80 percent..
This is the worst ico i've invested. Lots of promises, they even have facebook video campaign, stuffs like interview etc.

i have a friend who invested 10btc

What happened swissborg team?

They earn 50million USD in public sale.
not even 1million USD spent in promoting your coin?

ftw, really smells like sh**..

They are kicking everybody on their telegram group who complains, that includes me..

Their facebook:
https://web.facebook.com/groups/970731466407451/

their website
https://swissborg.com/en/

their telegram
https://t.me/SwissBorgChat

BEWARE IN TELEGRAM GROUP. YOU WILL BE KICKED AUTOMATICALLY IF YOU POST NEGATIVE COMMENT

quoted from facebook

Quote

64 % down from the ico...
It's starting to smell like shit.
A simple way to stop the bleeding would be to give up the $ 500 million token of token still available for a next show.
All the people who have trusted are getting their mouths shut.

Important question...
Who sells at these levels???

Employees?

How long have you been an ICO investor? If you have been an ICO investor for a long time, you would not be complaining about a certain coin that has dipped in value by the time it is admitted in exchanges. That is actually the normal pattern as far as the majority of the new coins are concerned. There will always be more selling rather than buying the first few weeks a coin is listed in exchanges. This is not the fault of the project. Nor is it the fault of the project if Ethereum has also dipped in price. I think this project had a sold out ICO. This would not have happened if this project is a total scam.

Yeah i understand. its already more than 1 month since they hit exchanges.
Im a just a newbie in ico investing..
Please make research about swissborg.
This is a sold out ICO yes correct. Eth value down to 80 percent? Is this normal?
i am asking this to you because i thougt you are an expert and well experienced in ICO based on your reply..

Thanks in advance

You said you were kicked out of their official telegram channel because you were complaining. What were you complaining about? Did you not receive the coins you bought during the ICO? More often than not, telegram channels are kept smooth and professional as possible and if people begin to raise complaints (especially childish ones) rudely over and over again, they will definitely be kicked out for that.

I browsed over the project, it does not look like a scam to me. Perhaps they lack a more credible person in their telegram channel to respond to all the concerns and complaints from their investors. But still I recommend that you HODL your coins because, as you said, it has dumped in price big time already. And then every project will take a while to fulfill everything they include in their roadmap. It takes time so you need to do some waiting. Moreover, I know that you are updated of the prices of cryptocurrencies right now. Everything has been suffering from this red tide for quite a while already. No single coin has recovered yet.