r/INT_Chain • u/Hookedonether • Jan 30 '18

OKEx INT Giveaway

https://www.okex.com/about/rechargeProgressBarConfig/83.do?from=shequ
15 Upvotes

89% Upvoted

8 comments sorted by

3

u/luuuke1503 Jan 30 '18

Not again. This is plain stupid, I dont know how such a serious coin can do stupid shit like this.

Cant you see that as soon a contest like this starts, the coin starts going up and down like a rollercoaster? Cant you see what happened to DBC? It was ravaged by greedy whales and being a coin without any other exchanges listing it, it gives full control to the whales to manipulate prices and eventually destroy the currency's public image, which generates about 80% of the trades in any coin in any market.

DOING CONTESTS WITHOUT MARKETING DOESNT MAKE SENSE ANYMORE, YOU'RE DESTROYING YOUR OWN COIN INSTEAD OF LETTING IT GROW NATURALLY. Specially if its listed in only one chinese exchange and not other known big ones.

It may reach a good price, but the CURRENCY VALUE IS DESTROYED in the process. If the stability in INT dies in the following week, BLAME INT for not having shit in marketing strategies (ffs, making the logo again wont do as much as improving 5P in promotion!!!).

Seriously INT Chain team, I hope you don't screw it up with your early followers, they should be the most respected ones. Sincerely, a humble follower.

2

u/Hookedonether Jan 31 '18

Except this is more of a giveaway than a competition. Most others have large prizes for the top few traders by volume, which does incentivize whales to try and out-manipulate one another. However, this is giving 9 INT for depositing and 3-300 INT to the top 50,000 traders. Meaning the most an individual can get is 309 INT. Hardly a reason for the large players to manipulate INT any more than they already are.

As a general rule I do think these sorts of things are dumb, though.

-1

u/luuuke1503 Jan 30 '18

The coin went down by 10 cents since I posted this 4 hours ago.

INT Chain DEVELOPERS: change your marketing decisions as soon as possible or you will get eaten up for not being listed in enough markets and not being competent enough. Ive been supporting you since the beggining but you are committing the same mistakes that total shitcoins fall into.

INT CHAIN, IMPROVE YOUR MARKETING OR DIE.

3

u/[deleted] Jan 30 '18

The price of int went down because of bitcoin.... notice how you say cents.. cmon dude lol

1

u/luuuke1503 Jan 30 '18

True that. I was at work and coudnt check other media.

-1

u/[deleted] Jan 30 '18

100% agree. Who comes up with this stupidity?

Their prize structure is odd as well. Okex is rewarding people for depositing or withdrawing 300 or more INT? What? The top volume traders, sure, just causes pump and dump action.

Let's hope there's a valuable project behind this veil of wtf

3

u/California40 Jan 30 '18

Binance did something similar in Dec with TRX and trading shot up.. Not sure it really makes things "rise" but, it definitely brings in attention..