A quick look at the popular currency circles in 3 hours (from CoinsRadar.net):
Thunder warning in the currency circle: directly announce the suspension of production! The Ice Coin, which was full of ugliness just to cut leeks, is finally going to collapse, and the Sign-in Coin has no future!
In the currency circle, a place full of dangers and opportunities, the most indispensable thing is various scams. You can get coins by signing in, you can earn coins by attracting people, and there are also scams in the currency circle under the banner of environmental protection and charity... In such a situation of "letting a hundred flowers bloom", it was quite popular some time ago, and it was recently announced that " The "discontinued" "Bingcoin" stands out and becomes the funniest and most bottomless scam in the currency circle in the author's mind! So why did this shit coin, which once had a "bright future", "win this honor"?
Things start with the “farce of online exchanges” on January 19th. Speaking of the scene on the day when Bingcoin was listed on the European Exchange, it can be described as a roar of gongs and drums and the sound of firecrackers. Everyone in the currency mixing circle knows that being on an exchange means that the currency has liquidity and real value.
Therefore, the fans who signed the "free whoring" ice coins naturally cheered - wouldn't this incredible wealth be coming! Before I had time to celebrate, a bolt from the blue exploded - after ICE exclusively launched OKX, it received a large number of Icecoin users complaining to the platform that they could not search for ICE trading pairs, and transactions were directly restricted!
What does that mean? In layman's terms, only people who have ice coins on hand can participate in buying and selling transactions. If you are not an ice coin holder, you cannot see the rise and fall of ice coins, and you cannot buy ice coins! OK OK! A global virtual currency trading platform has finally become a stand-alone version! Retail investors will be in trouble now! I won’t mention the wooly gangsters who do it for free or have sex for free. After all, the money is given by signing in. If it’s not valuable, it’s not valuable. At least there is no economic loss. Those who are full of confidence in the prospects of Ice Coins under the publicity campaign of the Ice Coin project and spend real money to purchase Ice Coins in large quantities are in bad luck! Who can resist losing all their money before entering the venue? But all in all, the biggest loss was from the project itself, which spent tens of millions of dollars in publicity fees and never saw any money back.The project party became the most unjust victim of the scam, which made me laugh to death.
The one who cut the leeks became the one who was cut, and it became a joke in the industry. Who can let it go? The Ice Coin project team started a "Frozen Adventure" after one plan failed and another plan failed.
How to understand this "Frozen"? IceCoin, a digital currency that once used free and sign-in mining as a gimmick, attracted countless investors. Faced with the situation of not being able to harvest leeks as scheduled, the IceCoin project directly launched two projects with no technical support and purely for the sake of mining. Money-making meme coins SNOW and SNIFF. ICE is ice and SNOW is snow. Together, isn’t it the “Frozen” of the cryptocurrency industry?
SNOW and SNIFF. These two coins have absolutely no actual value or technical support and are purely issued by the project party to make money. They take advantage of investors' little trust in themselves and their blind pursuit of digital currencies, as well as their desire to get rich overnight, and induce investors to take over at high prices by manipulating market prices and creating false prosperity. However, once investors enter the game, the project team will quickly sell off the chips in their hands, causing the price to plummet and investors to lose their money. For example, the performance of this snow coin is very typical - just a few days after it went online, it fell completely!
What now? The Qianlujiqiong project team directly announced the suspension of production and prohibited all users from "mining coins" anymore! What’s next? I'm afraid it's his turn to collapse and run away!
The imminent collapse and ugly appearance of Bingcoin tells us a truth - none of the so-called sign-in coins are reliable! As a digital currency obtained through sign-in, the check-in coin itself has big problems. On the one hand, the issuance of sign-in coins is often controlled arbitrarily by the project party, lacking transparency and fairness; on the other hand, the price of sign-in coins is often manipulated by the project party, making it difficult for investors to obtain real benefits. Therefore, the check-in coin is essentially an air coin and a tool for cutting leeks. You fantasize about making some profits by following the project, while the project team wants to empty your wallet to see who is more capable? Can you beat the project side? Stay away from the local dog project party!
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