Bitcoin Forum

There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.

I actually never thought about that yet, but then I read your post and then I might have the same thought for you. This is totally ruining the developer's plan, and roadmap. Usually, the developer planned to list their token on the exchange when they already made a good project development, so their coin is not dumped heavily. But because of decentralized exchange site like ForkDelta, the coin is traded before the project complete, and it makes the coin holder willing to sale their coins with very low price, and I think it affects the coin price when the coin is actually listed by official exchange that has partnership with the project.

I think it's definitely bad. I made my first crypto money trade there. And I was shocked when I learned the facts. Actually, I could sell almost the same Token 3 times on another platform. I admit I'm lacking in information. But it doesn't feel right to have such a big difference.

No, the exchange itself can in no way affect the market, the market or the coin is badly affected by people who sell it for a penny, but there are also smart people who buy promising coins and hold them. About the keys, if you doubt their reliability, just install MetaMask

Not entirely true, even if bounty hunters place at a low price on the forkdelta only waste their work by earning small profits while other markets have higher prices. And that will only further reduce the circulation of these tokens, because after getting a low price, the buyer will immediately move to larger markets.

That’s a good observation from you
But mind you it is not bounty hunters that create such trade offers
Be mindful of your guesses

Forkdelta is safe and secure
If you are disturbed , use forkdelta with metamask

If you use MEW you still have to enter your private key, and ForkDelta is a decentralized trading platform, and many people are safer than centralized exchanges.

Is this an opportunity for real investors? They dump the popential coins, that means they decline their profits. That's all.


You can use MetaMask to trade in decentralized exchange and don't worry about private key.

It seems to me that such a wonderful stock exchange as ForkDelta affects the stock exchange only positively, because there are always smart investors who start buying tokens from bounty hunters or early investors who sell tokens there.

No, forkedelta is just a decentralized exchange and that kind of exchange is gonna be exchange in the future.
Haven't heard of Binance launching its own decentralized exchange?

Blame it to the bounty hunters, but you cannot stop them.

It's a decentralized exchange and there are a lot of them. And most of them allow users to add any tokens they want to trade and that's the beauty of it.
Restricting users to exchange their tokens is in no way good to the project. The exchange economics doesn't affect the project in any way and if the investors believe in the project, it would also not affect the investor.

I like the question asked in this topic. I have some points to elaborate on with regards this. Firstly, Forkdelta unofficial listing (traders make use of token contract addresses to begin trading on forkdelta) is really causing dips in the real sense. Then you mentioned private key being insecure as a login means, you can ameliorate that by using a web 3 extension like metamask.

it's just...the free market :D
I know, i don't like it either, but i don't think is fair for a team to wait months and months before list a token in an exchange.

I think that natural market should have as many different possibilities as we can imagine and even more. Today we have a lack of good DEXes with high trading volumes. I'd like to see Binance dex, hopefully we will be able to trade not only erc20 tokens there, but any crypto to any crypto as well.

It is a decentralized exchange so there is problem in signing in with your private key all you can do to reduce risk is create a new eth wallet for fork delta and do not use your original wallet with all your eth and tokens. Secondly you have complained of dumping i think that is something not stoppable, if someone wants to get out of his holdings or want to cashout it is his own decision, its his tokens so decision is his we cannot do anything about it. It is obvious dumpers are at loss as price grows quickly after if the project is good.

This is happening with every exchange not just with forkdelta. May I know why you are targeting only this particular exchange ? It is obvious that everyone wants to make the maximum profits before someone else dump the market once the new coin/token will be hitting the exchange. It is happening each and every exchange as far as I have seen but you are complaining about only one exchange is there any special reason for that ?

We cannot blame anyone to sell for lower prices or higher prices as it is completely their personal thing. We cannot interfere at any form into that. Market is trading lower that must be the only reason why they are selling at lower price levels. I believe only the devs need to take measurements to keep a proper value for their coin/token when it is getting dumped in an exchange. When they are not taking care of that, such coins are getting delisted over the time after heavy dump.

What you are concerning has nothing to do with crypto market negatively as it is a common happening everywhere in crypto environment. When people do not have belief on the future of any new coin then they will go for selling it. This is the reason why most of the ICOs are suffering once it is being listed into exchanges. In the past I have seen many altcoin are suffering this way as their campaigns are paying its participants in their own coin, they are just going to dump it to encash into bitcoin or ethereum. Hence, nothing new here.

That happens with the whole of exchange sites when bounty hunters are getting their pie and the price will be dumped to make them all sold their coin cheaply. And after all of their pie have already sold on the cheap price and then there will be a pump to recover it.

it's true that Fork Delta give negative effect but only to new ICO that didn't hit the market yet, mostly bounty hunter rather sell token reward they got from bounty below ICO price rather than Hodl it, and fork delta was the place to do that.
and from that the ICO token price will drop significally and quite imposible to reach even normal ICO price.
the best way to prevent it was for us to to learn self control, since we promote ICO project we should also believe that the token will have more value when it hit official exchange, so we should also learn to Hold.

Noone can stop decentralized exchanges where everyone can sell tokens even if not listed on other exchanges... I don't think that prifces are affected generally by this because normally etherdelta, forkdelta, idex and all other DEX have very low volumes.

I guess ForkDelta has a very low trading volume so it can't influence on the market that much.
About security - there are some ways which allow to avoid private keys importing. Just use Metamask or hardware wallets.

What will happen if the team decides to delay their listing in exchange ? The same them will happen once they will be listing. I believe a possible solution will be completely avoiding listing in exchanges. This is what most scamming people are doing right now with many ICOs. Like you have mentioned it is a free market and anyone can do anything on their own money/coin/token and we cannot have any opinion on that.

When a  coin is new, I believe it will not be affecting the entire crypto market negatively in any ways. Because only dump of the major coin will be impacting other cryptos but not a new coin/token. Moreover, dumping or bumping will be giving big attention to the trading community when it will be happening. If the project is potential based then this kind of attention will be good for attracting new investors as most people are preferring to buy at dips.

Then it is a good opportunity to buy. Because if it is a good coin with a potentional the price will surely back to ICO price atleast ;).

You can always use a hardware wallet or create a new wallet to connect to forkdelta for trading. Personally, I don’t think decentralized exchanges are at fault. When people dump their tokens, it create an opportunity to buy.

I think so too, however, some people only use fork delta when an altcoin is not yet listed on other exchange. It is also one of the best place to buy cheap coins, so I guess this is a good opportunity for people to buy coins cheap. Some altcoins get their real value once it is traded in a decent exchange or when there's a real product.

Forkdelta is an exchange just like many others or  much better . we find buy and sell orders like all exchange, so if someone decides to sell at a low price, it's his choice and he is free to use these token as he wants whatever their origin. and sometimes it finds that it is the only exchange where we can recover a part of our investment when some ico's team fail to list their token on an exchange.

That must be the right point. When a coin is new and not popular, how it will be impacting into other cryptos negatively. I believe in this case OP must be completely wrong. I do not understand why he is talking only about this exchange but dumping is happening in all exchanges. Selling off one crypto which is relatively new and unknown, we cannot expect it will be leading to negative impact for other cryptos too.

All the exchanges whether decentralized or centralized are for buying and selling coins so are not a big factor for coin prices as such. Any pump or dump is always temporary.

You must use this exchange as an additional option. On FD, you can buy some tokens at a low price before they are listed to the exchanges. On this exchange, I bought several tokens of participants of the bounty at a low price and received a large profit after the listing. In crypto, you have to use all the possibilities, FD is one of them.

Many hunters sell their reward tokens on ForkDelta, but at the same time it is a good opportunity
to  buy some cheap coins when they enter the market. Hunter have the right to sell their coins
and do with them whatever they want, and it has no negative effect on the market. Bounty rewards
are usually 1-2 % of the total supply and cannot have long term effect on the prices.

it's just a small exchange and not too many people use it. I'm even a bounty hunter but I've never used it to buy or sell. For me it is the worst exchange I've ever seen in this market

Forkdelta is the best exchange market so far I know, when getting some coin from unknow source I can sell it at forkdelta and some time got with higher price and value.

There is.nothing to worry about this because the tokens being sell is just only being transferred to other wallets or other holder so it will not affect the token market price unless if the token will be sold back to the dev or team managing the project in their official exchange. Or maybe I am wrong. LOL. I am still need to find things why tokens market price drop.

I don't think delta fork affects crypto negatively. indeed the current market situation is not good does not mean because of delta fork. many people after receiving the token directly sell it for fear that the price will decrease, but I don't think that trade is good and not justified.

There are tons of bad exchange examples either as a CEX or DEX. I don't think they are affecting in a bad way, just because they are not being used by the newcomers.

forkdelta does not affect the crypto market as a whole, but if we talk about ICO projects without good vision and mission, this obviously often harms many investors, because when assets have been distributed massively, especially to bounty hunters, the project has not able to get the best exchanger, the price will be destroyed with panic selling on the forkdelta platform.

platforms such as Fork Delta are mainly used by the bounty hunters who are looking for a place that they can use for dumping the free tokens they received and also obviously the ICO creators who received the free scammed money.

with that said these platform usages is decreasing and they may even go away as the ICO fever dies off and there is nobody left to use them anymore.

That was an absolutely had more affects than most of the exchanges. They have been hacked more than 3 times so it would make people worried.

            I do not think Fork Delta affects the crypto market so much. The big problem is for those who invest. Most beginner investors are scared, they are afraid of losing the whole investment, so they invest in the short term. Fork Delta does not affect the market so badly because they have few users. But yes, it's a bad thing people can sell tokens even if they are not listed on others exchange.

I agree with this and decentralized exchange should somehow make a regulation where the developers should agree first before they list the token on their exchange. Those holders specially the bounty hunters just sell their token immediately for a profit and the result is that the price being dump so fast below ICO price before their token get listed to the actual planned trading platform.

I agree with your post.... Forkdelta is a decentralized exchange, its more like free market. Most tokens are listed unofficially, people (mostly bounty hunters) can just set up a buy order which is most attimes very low and another sets up a sell order and trade begins even without the projects developers approval. This is what leads to dumping of most coins.

I think you are mistaken. If bounty hunters sell their tokens there at a low price, then on other well-known exchanges you can sell the same token at a price several times higher. Therefore, fork delta does not seem to me to affect the price of tokens.

This happen to some good projects and it makes that ICO dump at value. Its sad that there’s a lot of greedy people that will do everything just to get money. I hope this exchange should be limited, so we can see a more valuable coins that offers good service to us. Let’s be more a responsible bounty hunters, don’t rush every ICO to get listed in an exchange, let them do their job base on their road map.

In fact, you are right, on the stock exchange, the forkdelta always sells tokens that are significantly lower than the price of the ICO, but this may be due to the current market situation and the human factor. As for the private key that needs to be used when trading on this exchange, I have no problems with this, since in such cases you need to create a wallet for decentralized exchanges.

Trading volume is very important, thus Forkdelta is only have low volume exchange and that could affect the price. It almost all coins will be automatically listed in here and that's there advantage but it sad to see that they'll never have a good selling price if you are selling your tokens. But  it is good for buying and sell on the other exchange.

It is indeed true. If people want to dump, they can dump at any exchange. Fork delta is simply a free exchange of new tokens. It is not the cause of dumping prices

I don't think it does, at least in my own perspective in only promotes what crypto decentralization is all about, to do whatever you wish your tokens or sell at whatever time and which ever rate that is fine by you, A developer that doesn't want the tokens on forkdelta until after it has been other preferred exchanges can easily choose to lock tokens.

ForkDelta has been turned to all sorts of dumping ground for shitcoins I once tried using that exchange I was surprised to see how prices of tokens of good projects are valued at a ridiculous price addition to submitting my MEW private keys which is absolutely unsecured and might led to hackers gaining access to my wallet.

I think that all the negative things that we know today are actually formed only by those people who today have not had the opportunity to use the normal decentralized exchange and, of course, centralized exchanges.

I do not see a possible way to worsen the situation in the cryptocurrency sector, because now the fork delta has nothing at all that would worsen the situation in the market as a whole. Therefore, I think that nothing terrible will happen.

It is the worst exchange of all exchanges at the present time. It lists scam tokens and is not capable of listing in larger exchanges, and your wallet will always be in danger if you import it.

What I know is that Fork Delta is one of the less interesting exchanges because there are certainly lots of crypto that are cheap to sell. What makes crypto coins is usually always cheap and negative. And it's true that the Fork Delta affects Crypto negatively. And also the exchange that I felt was not safe. Because I myself once after entering the market my MEW account was hacked or entered a phishing link.

I think this should be no problem. You can use a separate wallet for trading. So as not to expose your basic stocks to risks. Yes, you slightly overpay for transactions but will be fully protected.

certainly the exchange values ​​on forkdelta are really low but I do not think this is influencing the crypto market but the various large operations carried out by the whales on the various centralized exchanges

using a separate wallet is indeed much safer to use, because on this exchange site there are already many people who feel lost because they lost the private key they have, whether it's because of ignorance of users or from a group of people who are able to break into the security system on the exchange site.
although many people conclude that the Forkdelta exchange site has a low selling price but for most people only take advantage of opportunities to make purchases on this exchange site, and can trade it in other exchange markets and of course it does not affect global market prices

I don't think EtherDelta or Forkdelta would have a significant impact about cryto negatively. As we knew EtherDelta or Forkdelta have been the dumping sites for almost erc20 tokens and you can sell them at cheapest price. And in big exchanges investor are really quick to sell their tokens or coins for a cheaper price for a quick buck. I think the investors are at fault by selling them cheap.

I think forkdelta has lost its reputation, people today prefer to wait rather than having to sell on forkdelta at a cheaper price, after all, the Buy Order is very severe and damages prices below the price of investors. And the problem with the forkdelta about the Private Key that we have to import becomes increasingly complicated. No one of course didn't want their wallet become wasted after import their PK

ForkDelta is also called graveyard of the coins. Many hunters dump their coins on the DEX even before the coin
has been listed. I would not say it negatively affect anything as it is a free market and free choice.

Bad if the market is bearish but good for investors if the market is bullish.
By simply looking at FD, you can see a lot of coins that has a great potential, some bounty hunters does not think of the potential
because they want to cash out fast, they will sell right away and look for another bounty.

I also noticed it too , that too much people are using Forkdelta to sell their tokens once they received it. Especially, airdrop participants and bounty hunters. Using contract address, u can use to trade it even it is not officially listed on that exchange. And if the tokens, will hit other exchange/s in the near future , the price is already dropped because of immediate selling.

I don't think that ED/FD/IDEX or any other DEX's generally affects the entire market, as it has very small volumes, and if we talk about private keys, its better to use metamask or hardware wallet and you will be safe.  ;)

Forkdelta solve the issue of selling off tokens at cheaper rate and seem more easier for me ,I don't think it is an issue because bounty hunters are dumping on forkdelta ,if forkdelta doesn't exist they will still dump on other exchanges

I doesn't think that way but my way of thinking is that forkdelta is an opporunity to others. It's pretty sure that the value of token there is so low and when it enter an exchange, the price go up a more than 10x or 5x the worst. 500% profit is a good money already.

It really affects, even I have bounty coins, which I am still holding as forkdelta listed those coins at a very low unexpected rate, which I personally never feel to sell, and nobody should, even their price for very good projects are very, very low when they launch any coins and that really affects crypto market.

try to recommend the wallet that you mean, I know Ledger Nano S and Ledger Blue. Do you think this hardware wallet is safe?

If someone is selling, someone is buying. So it's just a fair distribution. Regarding entering private key, you can also connect your ledger nano to be more safe.

I do not see any problem here. If you got problem with the exchange, then just wait for the token to be listed elsewhere to buy or sell.

How do you know that they know?

You can simply use metamask extension if you do not want to import your private keys into their exchange.

Ledger Nano S, Ledger Nano X, Ledger Blue, Trezor One, Trezor T, KeepKey. I'd pick the first one from their official site.

You are joking with your statement because you didn't wanna know how it works. It works really different with centralized exchange site which you can your coin even in zero rates. Basically that kind of fail system that created by etherdelta.

price of token when it get listed on forkdelta usually drop but its going to be a good opportunity also for the investors who wants to buy, price usually drag down because of bounty hunters but look at it like its being bought by the investors who wants to pick for cheaper price and gain high when development of the project kicks.

I think for some reason yes. I do experience joining a bounty and there comes a scenario when I want to sell my tokens in a low price and the only exchange available is on fork delta that's why it affects the price of the altcoin.

You can't put a blame neither. You might be lucky that your token is already listed in fd though the price is so disappointing. If the price does noy satisfied you, then you don't need to sell it and wait for another exchanges.
It happens all the times and FD will be the lowest market price exchange and due to its market volume. Don't expect for a high price with FD.

fork delta isnt a threat to cryptos because it is only an  exchange ( a bad exchange ) .  not all will find it interesting aside from a verry desperate seller . there's no one to blame here when the cryptos are dumping because that is only normal and part of the game  .


libert19 is correct .  forkdelta supports hardware wallet ( ledger nano )  . you were the one that didnt know how forkdelta works   .


so do you mean you can now sell your tokens at higher rate when you use fork delta ?   no mate  . fork delta didnt solve  the issue of selling off tokens at cheaper rate because their pricing rates were also pretty cheap  compare to other dex exchange  .

Actually, I will not say about it because not all coins in this forkdelta is bad after listing on it. However, to tell the truth, most coins are worse after entering in this exchange. It has lower price than in the other exchange. this is so sad but I think this is fact. Moreover, we may find out many dead coins in this Forkdelta.

that's the advantages and disadvantages, but the goal of crypto was created to decentralize everything and become transparent.
but if the project is indeed good, they will survive even though the price drops when it is released in the market.

Their volumes are so low that I'm not worried about price dump by ForkDelta. Yes, many bounty hunters sold their tokens but I personally and other people bought many interesting coins there before listings on the big exchanges.

First of all, Forkdelta is a decentralised exchange based on the Ethereum Blockchain, this means that only Ethereum based tokens can be traded there and secondly, it is advisable to use a seperate wattet for your trading in decentralised exchanges.

Yes... Many hunters dump their tokens on Forkdelta once gotten at very low prices even before the project is listed on any better exchange. The sell and buy prices are determined by the dumpers thereby spoiling the project. I agree, Forkdelta affects crypto negatively.

ForkDelta is like another decentralized exchange, so I do not understand why it may affect the price.
For me decentralized exchanges is the best way how to trade coins - minimum fees, no KYC.

Forkdelta is definitely a platform that should not be used by new entrants. Unfortunately, there is no room for anyone with little market knowledge. Otherwise, they may lose a lot of money.

I do not think that forkdelta really affects the crypto market negatively, it is a decentralised exchange and where security is concerned, you are mostly in charge of your security, you can take certain steps to ensure the security of your funds while trading by not using a wallet that you store tokens to trade in the exchange

it's up to them, whether they will sell everything even though the price is cheap, or they will hodl their tokens, that is their right. and in this delta fork is not the one guilty of the fall of the market. and you need to know, the big 5 coin market is the most influential one.

The way i see it, selling your tokens right after you get it has it's pros and cons. If it would pump up if it hit on regular exchange then the seller will missed out the opportunity. I don't think that it would affect the crypto negatively and besides crypto is decentralized and we could do whatever we want with our crypto.

ForkDelta volume is too small to affect anything negatively. Many hunters dump their rewards there and that is a good
opportunity for investors to buy some cheap coins. We have to be cautious and make sure we are buying the coin
we want by checking the contract  address.

Forkedelta have nothing to do with people dumping tokens, I blame those who sell at those prices since no one forced them to.

You should look more closely at the numbers.
Yes, forkdelta allows anyone to sell their ERC20 tokens, but how much trading volume is actually going on?
You will find that mostly, there is ZERO trading going on.

forkdelta is not the problem.
decentralized exchanges like idex and forkdelta are necessary in the crypto world and help its economy.
Bounty hunters dumping is a thing of the past.
In order for the price of a token to truly crash, there would need to be a simultaneous dump on a high volume exchange.
Otherwise the 1 to 3% typically alloted to bounty hunters won't make any difference.

Now that most ICOs fail, there isn't even a place to make that kind of a dump anymore.

That is the common mistake for the bounty hunters causing also for the tokens to go below its price. Because they are cashing out their earned bounty tokens in the project in forkdelta and not caring for the project. But as for me I am rebuying those tokens that are sell in low price.

I have a bad experience with Fork delta, I lost my eth when making a deposit. since then I've never transacted through the exchange platform .