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Title: Binance’s IEOs keep Dumping, but why? Post by: Danumsigwasan on December 13, 2019, 07:24:47 PM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. https://i.imgur.com/tB2e2gV.png Matic were forced to write a blog post to their investors and supporters explaining the situation. They also had to answer strong claims that they were behind the dump and had duped unsuspecting investors. The blog post said: “We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.” Unsurprisingly, Binance CEO, Changpeng Zhao was quick to refute the inside job accusations too. Matic was one of the first tokens to raise funds on Binance Launchpad, so this is yet another PR disaster for Binance, in what has been a rough year for the company. On the Matic issue, CZ said: “Our team is still investigating the data, but it's already clear that the MATIC team has nothing to do with it.” He went on to blame bagholders for the volatility: “A number of big traders panicked, causing a cycle. Going to be a tough call on how much an exchange should interfere with people's trading.” Many articles had previously been praising binance and their launchpad for the apparent success of the IEO and how the tokens listed all appeared to be pumping. A Cointelegraph article pasted in November asked: “Why Are Binance IEOs Starting to Pump?” Well, it's funny what a difference a few weeks make a now it appears many are dumping, and fast. This Matic incident is not the first time a huge dump has happened to a Binance Launchpad token. Fetch.AI (FET) saw a big dump after its listing, as did many other tokens. Celr another prominent token on Binance launchpad also saw a significant drop in price. The list i vergrowing. Is Binance really the best path to take? This Matic data would suggest not and the questionable nature around this latest dump calls into question the trustworthiness of the company and Binance. This not being the first time, especially as Binance saw themselves drop out of the top ten of most trusted exchanges last month. The signs are clearly presenting Binance and those associated in a bad light. Let’s see if this Matic scandal is a big anomaly or more tokens from Binance launchpad take a similar path. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: betty11 on December 13, 2019, 07:51:46 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Ahrvodeex on December 13, 2019, 07:54:07 PM After what Binance has done for past 6 months, this will be no big deal for them!
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: yptorian on December 13, 2019, 07:58:06 PM Aww, Binance is Sketchyyyy, I don’t even think they are worthy to talk about
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Andrew Parker on December 13, 2019, 08:00:04 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. A very valid point. I am Binance lover, but Matic like projects are worthless, so I am least concern about such altcoins… Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Freddy11 on December 13, 2019, 08:04:27 PM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. https://i.imgur.com/tB2e2gV.png Matic were forced to write a blog post to their investors and supporters explaining the situation. They also had to answer strong claims that they were behind the dump and had duped unsuspecting investors. The blog post said: “We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.” Unsurprisingly, Binance CEO, Changpeng Zhao was quick to refute the inside job accusations too. Matic was one of the first tokens to raise funds on Binance Launchpad, so this is yet another PR disaster for Binance, in what has been a rough year for the company. On the Matic issue, CZ said: “Our team is still investigating the data, but it's already clear that the MATIC team has nothing to do with it.” He went on to blame bagholders for the volatility: “A number of big traders panicked, causing a cycle. Going to be a tough call on how much an exchange should interfere with people's trading.” Many articles had previously been praising binance and their launchpad for the apparent success of the IEO and how the tokens listed all appeared to be pumping. A Cointelegraph article pasted in November asked: “Why Are Binance IEOs Starting to Pump?” Well, it's funny what a difference a few weeks make a now it appears many are dumping, and fast. This Matic incident is not the first time a huge dump has happened to a Binance Launchpad token. Fetch.AI (FET) saw a big dump after its listing, as did many other tokens. Celr another prominent token on Binance launchpad also saw a significant drop in price. The list i vergrowing. Is Binance really the best path to take? This Matic data would suggest not and the questionable nature around this latest dump calls into question the trustworthiness of the company and Binance. This not being the first time, especially as Binance saw themselves drop out of the top ten of most trusted exchanges last month. The signs are clearly presenting Binance and those associated in a bad light. Let’s see if this Matic scandal is a big anomaly or more tokens from Binance launchpad take a similar path. Lol with Binance, you can always expect these things ;D I am surprised people still can say it’s not their fault. Binance is a living monster that sooner or later is going to pay the price. Mark my words!!! Title: Re: Binance’s IEOs keep Dumping, but why? Post by: mindrust on December 13, 2019, 08:06:18 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. A very valid point. I am Binance lover, but Matic like projects are worthless, so I am least concern about such altcoins… The prophecy will become true. Only a few of the cryptocurrencies is going to survive while all the rest will go to zero. There were other "good" projects before and nobody even remembers their name anymore. On the other hand, you can't just stop people creating new crypto and there will always be some risk takers too so... coins like Matic will always make one big pump before dying off completely. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Candycrush1129 on December 13, 2019, 08:24:35 PM I seriously don’t know if it’s Binance or what but it is certainly hurting their credibility. They shouldn’t allow such projects to have IEOs on their platform, it seems weird why would Binance let it happen so many times?
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: tenakha on December 13, 2019, 08:27:13 PM Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: KYCbench on December 13, 2019, 08:28:38 PM Not an expert but this is quite normal and I am not even sure why will Binance want to tweet over this?
This happens with almost every other platform and very common. But yes Binance are no innocent ducks, that’s correct but not anything else. ;) Title: Re: Binance’s IEOs keep Dumping, but why? Post by: carlfebz2 on December 13, 2019, 08:30:50 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. A very valid point. I am Binance lover, but Matic like projects are worthless, so I am least concern about such altcoins… The prophecy will become true. Only a few of the cryptocurrencies is going to survive while all the rest will go to zero. There were other "good" projects before and nobody even remembers their name anymore. On the other hand, you can't just stop people creating new crypto and there will always be some risk takers too so... coins like Matic will always make one big pump before dying off completely. of shitcoins in the market with having those repeated ideas all over again and again.As said people do create repeating again and again because of the possible profits for its creators if it do able to make some hype.Im not really expecting too much with IEO projects that would be more that to those which have been offered in ICO's. They are all trash in the end. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: TimeTeller on December 13, 2019, 08:41:39 PM Not an expert but this is quite normal and I am not even sure why will Binance want to tweet over this? This happens with almost every other platform and very common. But yes Binance are no innocent ducks, that’s correct but not anything else. ;) They know this kind of scenario will happen again and again. If they will not stop launching crap IEOs on their platform, the trust and credibility are at stake here. This Matic project is not the first one to experience this kind of price drop. There were already several projects that have had this kind of trend after their IEO ended. But this one is very fast to drop their prices. So it means, this project has nothing to offer and used Binance's popularity to fill their pockets. BNB should have done their thorough investigation on the project to know the real skeleton of this one. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Ezravdb on December 13, 2019, 08:46:11 PM I seriously don’t know if it’s Binance or what but it is certainly hurting their credibility. They shouldn’t allow such projects to have IEOs on their platform, it seems weird why would Binance let it happen so many times? I experienced an unpleasant event seeing the price of matic being dumped down very significantly. who is threw away the matic so that prices dropped quite significantly. various cases like this should not happen because they can tarnish the big name binance. I also experienced a little loss because buying matic suddenly the price dropped. really bad strategyTitle: Re: Binance’s IEOs keep Dumping, but why? Post by: gensol on December 13, 2019, 10:35:42 PM Lol
I speculated earlier of how IEO end will be. It will be more drastic than ICOs as some exchange will be forced to delist some IEO tokens at some point in time. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Rodeo02 on December 13, 2019, 10:41:10 PM Lol Yes its expected to happen , the trend of IEo is almost end thats why same as ICO more of them will declinr the price after its finish.I speculated earlier of how IEO end will be. It will be more drastic than ICOs as some exchange will be forced to delist some IEO tokens at some point in time. Your lucky you get 50% for new IEO but it will not alwayd happen. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: VanDeinsberg12 on December 13, 2019, 10:57:09 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. Did you ever think if there will be a thief that will be confessed himself as a thief? i believe the manipulation has already done by matic. More tokens are about to come to the market. It's clear if all of the tokens were coming to form the contract address and there is an indicator if that already done by the whale. If they are saying that's true they were dumping the token to the bottom and that means they are killing themselves because they can't sell their tokens again to the market. This is a classic story and happened so many times with the ico. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Xxmodded on December 13, 2019, 10:59:26 PM Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance. I am not interested anymore with Binenace IEO because almost all IEO coin listed on Binance become shit coin with lower price, look at with last Binance coin perlin have lower price and Matict coin become down more than how price during IEO, although is not Binance coin but they have looking which one good IEO for adopting in their exchange without submit all coin but become shit after listing with binance.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: dark08 on December 13, 2019, 11:09:32 PM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: AjithBtc on December 13, 2019, 11:17:42 PM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. Almost every IEO could've gained good return on the investment during the beginning days, now the scenario is different. Following bitcoin there is no big growth with more than 95% of the cryptocurrencies. The same is getting reflected over here, maybe once the market turns to move profitable every IEO out of binance will also turn profiting.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: X-ray on December 13, 2019, 11:42:32 PM I am not interested anymore with Binenace IEO because almost all IEO coin listed on Binance become shit coin with lower price, look at with last Binance coin perlin have lower price and Matict coin become down more than how price during IEO, although is not Binance coin but they have looking which one good IEO for adopting in their exchange without submit all coin but become shit after listing with binance. The most earliest IEO they held are a hype driven IEO that result in inflated demand and price so when the market is more mature and calm while not driven by the hype anymore it's showing the real worth of all these IEO coins. Therefore, the IEO price after the crowdfunding phase ended have quite the chance of turning into an even more cheaper coinTitle: Re: Binance’s IEOs keep Dumping, but why? Post by: Peanyut991 on December 13, 2019, 11:56:14 PM Binance is not entirely guilty here, the current condition of the crypto market is indeed bad. Bitcoin and Altcoin are almost all in bad condition, we just need to wait for market conditions to improve and the IEO project will definitely improve too.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: joshua123 on December 14, 2019, 01:59:07 AM I think its out of hand of Binance already I guess. They are the host exchange for matic but their project has been long done from IEO of course if youre in a bad market expect dump. Dont find reason to dig it up cause the only thing that make it dump is probably whales manipulations. Matic doesn't also can control this kind of activity.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: inanilujimi on December 14, 2019, 02:30:28 AM I think its out of hand of Binance already I guess. They are the host exchange for matic but their project has been long done from IEO of course if youre in a bad market expect dump. Dont find reason to dig it up cause the only thing that make it dump is probably whales manipulations. Matic doesn't also can control this kind of activity. At least a little suspicious of this manipulation, seems to make the market unhealthy. Despite not having solid evidence something is being done. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Itsmylife on December 14, 2019, 02:43:54 AM I think its out of hand of Binance already I guess. They are the host exchange for matic but their project has been long done from IEO of course if youre in a bad market expect dump. Dont find reason to dig it up cause the only thing that make it dump is probably whales manipulations. Matic doesn't also can control this kind of activity. At least a little suspicious of this manipulation, seems to make the market unhealthy. Despite not having solid evidence something is being done. In the market, where transactions fluctuate by the second, profits are not measured by the value of the project, it is controlled by the thought of a small group, investors are always a good piece of meat :D Title: Re: Binance’s IEOs keep Dumping, but why? Post by: starblocks on December 14, 2019, 02:45:14 AM This looks like a typical pump and dump scenario possibly co-ordinated by some large holders which doesn't mean the exchange is at fault its just pure profit taking and some lucky traders managed to pick up some cheap tokens with low buy orders so there's nothing unusual for cryptocurrency here
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: masterrex on December 14, 2019, 05:44:28 AM I think Binance has nothing to do with that, it was already listed and free traded and then why criticising Binance for a price dump of an IEO project. if a project token was dump it could be mean a lot? or maybe the hodlers,investors was losing its confidence in the project. or maybe from the team also who possibly dump the matic token on exchange. and i believe that its not beyond Binance control.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Searing on December 14, 2019, 05:55:55 PM I think Binance has nothing to do with that, it was already listed and free traded and then why criticising Binance for a price dump of an IEO project. if a project token was dump it could be mean a lot? or maybe the hodlers,investors was losing its confidence in the project. or maybe from the team also who possibly dump the matic token on exchange. and i believe that its not beyond Binance control. Because Yobit is promoting such 'iffy' IEO's and givnig them a platform and the thin look of 'legitimacy' even if it seems really sketcy! Sorta 'co-enabling' the whole somewhat iffy process. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Raflesia on December 14, 2019, 06:05:16 PM Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance. I am not interested anymore with Binenace IEO because almost all IEO coin listed on Binance become shit coin with lower price, look at with last Binance coin perlin have lower price and Matict coin become down more than how price during IEO, although is not Binance coin but they have looking which one good IEO for adopting in their exchange without submit all coin but become shit after listing with binance.If Bino's IEO coins continue like this, there will be many investors who think the coins are no longer useful, but I believe this is not wrong from Binance but from developers still cannot control their tokens on the market, so prices continue to fall. I still believe that IEO on Binance will produce good results and that is only the first listing on Binance. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Mpamaegbu on December 14, 2019, 06:11:31 PM I keep telling people that what sustains a coin or token isn't on the exchange it's listed but its utility. The only thing big exchanges like Binance can do for a coin listed on its platform is give it instant leverage for price hike and this isn't a great idea in my thinking because it easily can lead to dump. Dumps aren't good for any project. It kills it.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: kesmex on December 14, 2019, 06:27:56 PM I keep telling people that what sustains a coin or token isn't on the exchange it's listed but its utility. The only thing big exchanges like Binance can do for a coin listed on its platform is give it instant leverage for price hike and this isn't a great idea in my thinking because it easily can lead to dump. Dumps aren't good for any project. It kills it. more precisely kill investors! for traders I think they will benefit if they take positions when the DUMP happens, it is still a mystery why matic dumps up to 70% a day! Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Durdenkingtyler on December 14, 2019, 06:35:40 PM It is simple, all coins can be manipulated. It is important to note that there are a lot of established players with huge funds who easily can pump and dump millions of dollars into coins.
The crypto market sentiment does not make it better, as often when a pumper increses the price of a coin, everyone is suddenly "interested". When it dumps, nobody cares about it anymore. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: CarnagexD on December 14, 2019, 06:44:17 PM I think Binance has nothing to do with that, it was already listed and free traded and then why criticising Binance for a price dump of an IEO project. if a project token was dump it could be mean a lot? or maybe the hodlers,investors was losing its confidence in the project. or maybe from the team also who possibly dump the matic token on exchange. and i believe that its not beyond Binance control. Why would some people blaming the exchange for this reason? Look at these IEOs, what is their difference with ICO is that they are already tradeable with no assurance of getting a good position in the market so it is more of like an ICO in disguise. Exchange has nothing to do with pricing, they are just generating leverage on that one. Another thing is altcoins can be manipulated easily by the team behind. it is their strategy to survive long in the fatal market we have now. I've been seeing a dump everywhere, no wonder why there are project that don't last long.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on December 14, 2019, 06:52:24 PM Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance. I do not know what people were expecting out of this, the fact that a coin is being released on binance does not really guarantee that it is going to give any profits, the binance exchange at best can guarantee that they have researched the people behind the project and that is it, from that moment it is up to each person to decide whether or not to invest in that coin based on the merits of the coin itself and as the majority of the altcoins those coins have no merit at all or any reason to exist.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: XCANA on December 14, 2019, 06:53:46 PM Its no longer a news when we see a dumping on any exchange including Binance. Basically the problem with dumping could be seen from the side of shitcoins owners, they create unnecessary hype to get tractions from investors and when its not forthcoming, they dump the tokens hard on those who have already purchase the worthless shitcoins. Research into a project before investing into it.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: tabas on December 14, 2019, 08:32:39 PM Why be surprised with the same fate of IEO even it's being run to a good exchange? it's meant to be dumped because people will certainly look for profits and they wouldn't care about holding it for a long time. Descriptions of telling that these projects are good to hold for long term wouldn't be bought by wise investors anymore. They wouldn't let themselves go at the end of the line just to see the dump before they sell.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: tartibaya on December 14, 2019, 09:17:40 PM No wonder. Almost the whole altcoin market is miserable. Binance is polishing some projects at this bad market. Then again the same situation. This is common for the subcoins. You need to know these facts when investing. We're in a wild nature.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Bonwin on December 14, 2019, 10:02:39 PM I am not surprised that it happened and if more should accompany the same fate that, will not meet me unaware. This does not also stop other projects from making headway, even on Binance launchpad. This us why investing what you can afford to lose is more advisable, than gambling with your fund.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nelson4lov on December 14, 2019, 10:07:28 PM No wonder. Almost the whole altcoin market is miserable. Binance is polishing some projects at this bad market. Then again the same situation. This is common for the subcoins. You need to know these facts when investing. We're in a wild nature. That aside, I think there was an inside job. It was a well coordinated dump. I expected that and it happened just moments after huge tokens were moved out of MATIC's team wallet. Other Binance IEOs were dumped to make it look normal. Contrary to popular opinions, it is due to the current altcoin market but that's not the whole story as there was more than that. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: CryptopreneurBrainboss on December 14, 2019, 10:42:29 PM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. Matic price decline has a lot to do with FUD and price manipulation, as from the rate at which the decline occured, it's abnormal and most have been a professional dump organized by some users with privileges Title: Re: Binance’s IEOs keep Dumping, but why? Post by: sorrros on December 14, 2019, 10:46:28 PM Many experts said that Matic is a real project with big plans and goals. But in recent days the team transfered a big amount of tokens to Binance exchange and someone figured it out and dumped the tokens in panic.
Who knows what the team exactly wanted to do with the tokens. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Kiefner on December 14, 2019, 10:53:42 PM Any coin is subject to speculation. We can not say that this situation will have a bad impact on the stock exchange. This is just the time in the market, don't worry about it.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Twinkledoe on December 14, 2019, 10:59:11 PM I think its out of hand of Binance already I guess. They are the host exchange for matic but their project has been long done from IEO of course if youre in a bad market expect dump. Dont find reason to dig it up cause the only thing that make it dump is probably whales manipulations. Matic doesn't also can control this kind of activity. Binance can't control what's happening to every coin. If the dev team wants to dump, BNB can't dictate such thing. Though they have done their own evaluation before accepting this project under their IEO launchpad, yet they won't know the real plans of the team. So if the team wants to gain money and sell their possession, it is entirely on the team not on BNB. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Pearls Before Swine on December 14, 2019, 11:29:00 PM If they will not stop launching crap IEOs on their platform, the trust and credibility are at stake here. I doubt that's true, because binance has a solid reputation as a good exchange, especially after surviving that 700 btc hack. It doesn't matter if they keep launching crap ieo's or not.If you're asking yourself why tokens like matic fell so much, just look at all the other tokens that are already out there and also take a look at how the overall market is doing. It isn't a great time to be launching *anything* new right now. That's why companies don't like ipo's when the stock market is falling. I'm not sure why binance doesn't realize this, but maybe they think there are enough suckers out there that'll buy crap like matic. Obviously there aren't. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Aabcde on December 14, 2019, 11:47:25 PM Dump or not is actually not a problem caused by the exchange but by the traders and dev. So do not be surprised even in a good and large exchange, events like this can happen. What I don't like is that sometimes people expect a lot with a large exchange and if it doesn't meet expectations, the exchange is blamed. Whereas from the first ico, ieo or the like does not guarantee 100% your profit. Therefore I never want to touch or jump in there.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: LouVandetta on December 15, 2019, 01:24:21 AM That is why some says that IEO is good only in the beginning. When it just got listed in the market. That's the best part, they said. Especially if we've joined the IEOs lottery, which is that the price is a lot cheaper before it gets listed. It's almost like the price after the listing is guaranteed to give you a decent amount of returns.
Even though Binance already denied that the Matic team has nothing to do with it, but people can't help to feel that there must be something behind the flash crash. Well it's no wonder seeing the price keeps getting low and even lower considering all these bad news here and there. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: andika2018 on December 15, 2019, 01:55:34 AM In my opinion, IEO in large exchangers rises in price because it is speculative in the short term. For the long term, investors will certainly see the potential for product development and I think it's reasonable because prices will seek a balance between demand and supply.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bgaf on December 15, 2019, 02:17:37 AM I dont see a reason why we specifically observed Binance IEOs, how about creating a general slice up of every major exchange such as Houbi, Okex, Gate, Kucoin and others right? It seems that the Binance are getting some fud here. Its not the Binance fault why the observation of their IEO on the downfall its the market who decide.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Itsmylife on December 15, 2019, 02:44:38 AM I dont see a reason why we specifically observed Binance IEOs, how about creating a general slice up of every major exchange such as Houbi, Okex, Gate, Kucoin and others right? It seems that the Binance are getting some fud here. Its not the Binance fault why the observation of their IEO on the downfall its the market who decide. This is just a game of whales. Not just the IEO project, look at others, TOMO was pumped x2 last night for a few hours and then returned to the previous value, I think this market is no longer suitable for small investors. The value of the project does not seem to depend on quality and achievements, it only depends on the benefits of a few small groups.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: NathanJB on December 15, 2019, 03:06:53 AM I dont see a reason why we specifically observed Binance IEOs, how about creating a general slice up of every major exchange such as Houbi, Okex, Gate, Kucoin and others right? It seems that the Binance are getting some fud here. Its not the Binance fault why the observation of their IEO on the downfall its the market who decide. This is just a game of whales. Not just the IEO project, look at others, TOMO was pumped x2 last night for a few hours and then returned to the previous value, I think this market is no longer suitable for small investors. The value of the project does not seem to depend on quality and achievements, it only depends on the benefits of a few small groups.No, this is not a game anymore. The fall is rather continuous. The fall in Matic's price has been happening in a few days already. The fall is not normal even. It is rather big. And the fall in price is happening at the same time while there is also a fall in volume. The price had just lost more than 100% of its value. The volume is also losing more than 100%. All these have affected the image of Matic and there might be more falling to follow. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: ecnalubma on December 15, 2019, 03:23:25 AM It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: danherbias07 on December 15, 2019, 04:18:24 AM What do you expect from an altcoin?
This kind of manipulation is not even new by now. Altcoins being dumped and even new ones finishing an IEO type of offering will be dragged by it. Even if it is listed with the most popular exchange like Binance. That is more of the reason since traders are more lively there. There is just no guarantee for it to gain value in just a manner of time. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Reid on December 15, 2019, 04:43:29 AM Listed in Binance. It will be a target for traders.
They listed all the possible answers to all the dumped that had happened. I don't think it is an inside job too. It is only the fact that it was listed on a very popular exchange with a high volume of traders that could easily manipulate the price. Well then, if they are so sure about their project then it is a good opportunity for buyers now. I am looking at Matic project now and thinking of buying if ever I found proof in their legitimacy. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Pamadar on December 15, 2019, 05:35:35 AM It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks. As if binance will let the public knows if ever that they have something behind this actions. It's investors obligations to research and make a better assumptions in any form of investment that they'll going to take, manipulations is part of the market as there's a big investors who can dictate thedirections of certain projects, either whales or the developers itself can do manage to change the directions of the coin. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: metenjean on December 15, 2019, 06:56:58 AM Not only Binance I think almost IEO exchange have lower price like on Gate market, kucoin and Huobit exchange market. Not success of IEO with higher price after many problem faced by bitcoin and altcoin have lower price right now and many IEO coin listed with lower price and keep down.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: boris singer on December 15, 2019, 07:35:34 AM It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks. As if binance will let the public knows if ever that they have something behind this actions. It's investors obligations to research and make a better assumptions in any form of investment that they'll going to take, manipulations is part of the market as there's a big investors who can dictate thedirections of certain projects, either whales or the developers itself can do manage to change the directions of the coin. I noticed that only Celr and One had the effect of panic at the same time in yesterday's matic incident. The binance steps are correct to avoid chronic fud, but there is no valid scope yet regarding the results of the investigation. Complaints have begun to subside, and the impact of the decline is now fundamentally re-concentrated from the influence of bitcoin. I'm just still questioning the attitude of Matic developers who still seem ambiguous. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: upyem2k on December 15, 2019, 07:47:07 AM I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: shoreno on December 15, 2019, 07:57:14 AM I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are. you got a point . one example is on here . ieo on binance still got dumped despite of its reputation as a good exchange but exchange listing is also important because no matter how good your ieo project but if your only going to list it on a bad exchange i dont think that it will shine too much . its nice that we have seen a reason on why binance ieo's got dumped , this should keep the investors calm down and not to worry too much . Title: Re: Binance’s IEOs keep Dumping, but why? Post by: infarterr on December 15, 2019, 08:05:13 AM I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are. Right, but for the exchange also must be seen, because the project team after making a good concept and being able to achieve the vision and mission of the project, then immediately choose a good exchange for their products, so the exchange must also be considered.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: shadowdio on December 15, 2019, 08:16:31 AM There is no altcoins that always on high price, expect the down price of a coin after reaching the highest price and who knows not just those bag holders who dumped it, maybe the team secretly dump their coin.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: sockpuppet1911 on December 15, 2019, 08:50:11 AM Wait they now claim that team didn't sell? Well that's interesting and i guess i have to take another look at matic now. I would hope that binance had enabled really low buy orders to get dips like these. But for some reason i can't set any sells too high or buys too low.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bitcampaign on December 15, 2019, 09:18:36 AM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nicecrypto on December 15, 2019, 10:34:36 AM I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: The Cryptovator on December 15, 2019, 11:03:39 AM Your question is reasonable on the topic title. But how it will be if I reverse your question like, Binance IEO's keep pumping, but why? Is it not true? You didn't see when Binance IEO tokens pumped hard ? So usually it will dump again and pump once again. Their last IEO was Troy, all troy holders made their capital 2x/3x, so I will not surprised if troy price dropped even 4x. It's just normal procedure and it will continue. Because there is whales to bashing us. That's why sometimes wee can see huge pump and sometimes we can see huge dump. I don't think there is other reason except big whales. Team will never want to dump their coin/token.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: mrdeposit on December 15, 2019, 11:35:18 AM I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth. If so, every price is organic or there is no such thing as organic price. Because demand-supply can always change and the organic price depends on it. Matic increased by more than 70%, which no one would have thought that the result of an increase in the price of such a project listed in Binance with high volume would be so. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: lobo13hf on December 15, 2019, 12:04:51 PM I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth. I thought that what makes he was feeling curious about that caused by it happens on the major and reputable exchange site. The basic thing when it comes to the reputable exchange site and anything can be trusted. That's why he was feeling curious why so many IEOs on binance were getting a big dump. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Balladtony77 on December 15, 2019, 12:09:58 PM Those who invested in IEO projects from binance have all make their gains and only holders will face this wrath now but the truth is those projects are all working projects with use cases, I think they will easily recover
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: itchycoin on December 15, 2019, 12:19:13 PM Looks like even reliable IEOs dont bring profits to you
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: drumamat on December 15, 2019, 01:30:43 PM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nomenclatur on December 15, 2019, 01:59:43 PM all investments have risks IEO projects in binance was able to convince many investors to join the launchpad Binance but anything can happen profit losses and there will always be. Matic project I think is a pretty good issue price is quite a severe price plummeted make each holder should disappointed Matic team must keep their prices so that investors believe in their project.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: knuckey on December 15, 2019, 05:43:25 PM Bnance launchpad is the main place for investors who like IEO and it looks like every project they launch is always sold. When the first listing, a new project will continue to go up, can even reach its ATH, but after that many fall and look as if they were intended to be pumped and dump. Is that a coincidence? But why can it repeat and fall, so is it profitable for investors?
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: xiboothrezi on December 15, 2019, 05:43:40 PM Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance. Drama that has been set up with the beauty of manipulation. And we all know that this is a pump and dump drama. So what do we really expect? the right tactics like hit and run are the most appropriate in a market like this. Because everyone is in need of profit to cover losses in a bad season. So who is fast will get it.However, at the beginning of the listing, it has provided many benefits, right? Is not Matic beyond expectations? and we should also understand this as a risk, don't just rely on the big-name Binance, because the risk is everywhere. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: KillerInk on December 15, 2019, 05:49:24 PM Binance is facing extremely difficult as well as other criticism. Binance's IEOs continue to dump. The market is in serious decline. what should I do now ? :(
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Dangki01021991 on December 15, 2019, 05:52:20 PM Celr is a stable token on the Binance launch board that is also seeing a significant reduction during this phase. Binance IEOs continue dumping. This scandal greatly affected the market. Is the future of ETH still good?
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: btcltcdigger on December 15, 2019, 06:03:37 PM The IEO's are dumping mainly because of the people.
I'd say 90% of the participants are here for the quick flip, while 10% actually believe in the project. So you can expect 90% of the bought tokens to be sold hours after listing, which of course, will reduce the price Title: Re: Binance’s IEOs keep Dumping, but why? Post by: biddicoin on December 15, 2019, 06:20:14 PM Your question is reasonable on the topic title. But how it will be if I reverse your question like, Binance IEO's keep pumping, but why? Is it not true? You didn't see when Binance IEO tokens pumped hard ? So usually it will dump again and pump once again. Their last IEO was Troy, all troy holders made their capital 2x/3x, so I will not surprised if troy price dropped even 4x. It's just normal procedure and it will continue. Because there is whales to bashing us. That's why sometimes wee can see huge pump and sometimes we can see huge dump. I don't think there is other reason except big whales. Team will never want to dump their coin/token. That's the problem itself, not organic growth is a manipulation. it is not good for crypto developmentIn the other hand, we are here to make money, including developer. so, there is no guarante that dev wont to dump their token/ coin. furthermore, dev is one of big holder. so it is very possible. remember how charlie lee (creator LTC) sold his tokens LTC is one big coin, but it still possible, how about the shit one ::) Title: Re: Binance’s IEOs keep Dumping, but why? Post by: VanDeinsberg12 on December 15, 2019, 11:08:13 PM Celr is a stable token on the Binance launch board that is also seeing a significant reduction during this phase. Binance IEOs continue dumping. This scandal greatly affected the market. Is the future of ETH still good? Im not sure if that will be affecting the pric eof ethereum caused by the agreement has already made by the developer of the token itself and binance. The impact will happen to the price of the token as more people will not be interesting to buy a token such celr again. Matic has become a real example if there chance of collusion to happen will always there. Celr is a crap coin and just caused by it has launched on the binance launch pad and that makes celr over rated in the past. The implementaion was very different with a lot of expectation came to the celr in the past. That scandal will totally destroy the price of the token and not ethereum. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Google+ on December 15, 2019, 11:42:33 PM I think this looks terrible because the price fell that far and could make many participating investors lose because of the incident, from cases like that are usually affected by current market conditions or developers deliberately lowering the price of tokens as is happening at the moment.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: leatutz on December 15, 2019, 11:55:48 PM The IEO's are dumping mainly because of the people. Ok, I could vote on your comment only 50 percent because if 100 than you should believe price won't dump below IEO. But I think price could more dump because devs don't sell all coin in IEO, rest of the after pump.I'd say 90% of the participants are here for the quick flip, while 10% actually believe in the project. So you can expect 90% of the bought tokens to be sold hours after listing, which of course, will reduce the price Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Jating on December 15, 2019, 11:56:07 PM I think this looks terrible because the price fell that far and could make many participating investors lose because of the incident, from cases like that are usually affected by current market conditions or developers deliberately lowering the price of tokens as is happening at the moment. I wouldn't say its looks terrible, I mean we all know that most of them are really good projects, but with the worsening market conditions, someone will really need to get their money back and then some. That's why the IEO projects are dumping right now. I'm sure that when the market bounce back and new IEO are still being offered, we might not see this kind of dump in a bullish cycle. Maybe long term investors are still holding, for all we know. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: wajik-tempe on December 15, 2019, 11:58:58 PM The IEO things is just this year's hype and the projects itself is not really good, people are just making hype making those coins looks like very valueable but they are not holding at all, after the IEO they sold the coins and move to hunt another IEO. Many crypto investors right now are just aiming for quick profits rather than support a project to the top.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: itos84 on December 16, 2019, 02:24:10 AM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: TheClownSong on December 16, 2019, 04:59:34 AM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow. I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market Title: Re: Binance’s IEOs keep Dumping, but why? Post by: naikturun on December 16, 2019, 06:28:41 AM just because you fail on one coin you have given up, in fact there are many choices of coins that you can trade, why you force a choice.
yes as a bounty hunter you also have to do research first because there are many scam projects so that your work is paid for and does not waste your time. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: VanDeinsberg12 on December 16, 2019, 10:37:45 AM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow. I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market Remember about there was a limitation for token that allocated to be sold on IEO. that doesn't make sense to mention the whale as a party who create a big dump. Remember the developer can contribute to the dump by send more and more pre-mined coin. the holders dump it because they don't believe or feel disbelief to the project. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: totoy4741 on December 16, 2019, 02:47:29 PM I don't Binance is the one to Blame why there are some IEO are dumping. Maybe Projects' team are lacking in strategic approach in convincing investors to buy their tokens. Yes Binance is a big crypto exchange but you cannot take away the fact that the team should make their plans before executing their projects.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: metenjean on December 16, 2019, 02:54:21 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. Matic team have manipulation with their coin price, look and compare with matic price during IEO time and how much investor loss with matic coin price right now, I think matic owner and team have run away and enjoy with how much profit have got during IEO time.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bitcoindusts on December 16, 2019, 02:54:39 PM After what Binance has done for past 6 months, this will be no big deal for them! Indeed, Binance had been accused of manipulating trades of its IEOs. The pump after the IEO event and dump when the target price is met. We can see patterns like that on all the altcoin that perform their IEO on Binance. And of course the first one to refute it is the possible person who is behind those actions. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: killerfrost on December 16, 2019, 03:08:47 PM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow. I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Vishnu.Reang on December 16, 2019, 03:10:09 PM LOL.. I had warned about this earlier as well. The IEOs are showing a very similar pattern when compared to the ICOs. Similar to the ICOs, the IEOs also started with quite a few promising projects. There was good demand from the investors and the development timelines were being honored by the promoters. After a while, the scammers started entering the market, and with that the number of quality projects began to decline. The same happened with IEOs as well.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Apened on December 16, 2019, 03:26:54 PM For me its too normal, we know that this IEO is a quick bucks or fast money making investment. How much roi people get from it and with the price surge we can say that what goes up must comes down that was a trading or cycle rule and we can't avoid that to happen. If you are a trader ther might be a possibility that you might catch those paumos ang make profit befoee it dumps.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: shodik007 on December 16, 2019, 03:33:45 PM After what Binance has done for past 6 months, this will be no big deal for them! Indeed, Binance had been accused of manipulating trades of its IEOs. The pump after the IEO event and dump when the target price is met. We can see patterns like that on all the altcoin that perform their IEO on Binance. And of course the first one to refute it is the possible person who is behind those actions. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Vishnu.Reang on December 16, 2019, 04:23:05 PM I kind of think that the pump and dump of the market that happened after trading opened were caused by hype, I'm not sure binance is behind pump and dump. we know binance is a big exchange and can people at binance have the time to do that? If an IEO goes down, then you can't blame the exchange for that. Although I would agree that Binance is no longer following their earlier strict screening criteria, there is hardly anything they could do to increase the exchange rate of the token or coin. If the project is not unique and having no practical usage, then it will go down no matter how much support it gets from the exchange. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: JahriMeayer on December 16, 2019, 04:37:19 PM I think the price of matic dump is because a large investor sells all of the stored matic and also I think the dev matic also sells most of this matic something that is normal in this market not only for coins from the IEO program. This applies to all coins
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: makolz26 on December 16, 2019, 04:56:40 PM I think the price of matic dump is because a large investor sells all of the stored matic and also I think the dev matic also sells most of this matic something that is normal in this market not only for coins from the IEO program. This applies to all coins For sure one of the dumpers are the founders or the team of it, well anyway, we cannot blame them, they already proved their existence and that they are legit once, for sure once they continue to develop then they will also continue to grow, let's just wait for now what's their next step, still Matic is a good altcoins that we can watch out. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: adjed on December 16, 2019, 05:24:25 PM Binance IEOs are basically like IEOs out there and people who invest in them do not invest because they believe in the project or whatever it stands for, they invest because the project is holding it's sale in the Binance exchange and they see it as an opportunity to make quick money especially when the previous sales has proven to be instantly lucrative to the investors who dumped immediately after listing, people buying this coins are people who want to make instant profit and when there is any slight negative movement of the token price, people immediately start dumping and this triggers a chain reaction of dumping which would eventually hurt the price of the tokens.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: BChydro on December 16, 2019, 06:03:44 PM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow. I never invested in any of the IEO projects as i am skeptical about it from the start, we had the ICO market where it was profitable in the start and we know what happened in the end and with the IEO project the investor had to be patient enough so that the project will develop in the a couple of years and does any investor plan on investing in these experimentation, anyone who invest in these projects will only look for profit and not for the longevity or the success of these projects and hence you have to be ready about the dumps too. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: StatesManG on December 16, 2019, 06:12:18 PM All accused fingers should be pointing to both matic teams and binance as well. Looking at what they did with harmony, I believe that there is a big inside job happening on binance CZ knows about this, every project can't keep taking same steps. They all should be questioned
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: confreslamp on December 16, 2019, 06:18:27 PM The team of MATIC has sold their tokens which caused a massive dump. All other IEOs that took place on Binance just followed, or Binance sold their coins that they got for listing. Nobody will ever know, we can only guess.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: jhontwis on December 16, 2019, 06:24:18 PM I can't clarify my ideas about Binance. I'm a former investor. I've done a lot on Bittrex and Polo.
Exchanges are growing up after being set up and going to death. This is a general situation. Bittrex and Poloniex survived today but only how much volumes remained. I think Exchange's, which adds new coins quickly, will disappear after a while. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: diazepam666 on December 16, 2019, 06:26:56 PM I never like to invest on Binance IEO because there platform not supporting good projects in the market who are all not with the money. They just want the the shit projects and earn some money by the traders available in their platform.
people also not taking care that issue very seriously and distinctly crossing over the loss. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Tipstar on December 16, 2019, 06:33:28 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: htsy585 on December 16, 2019, 07:44:08 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Bim abk on December 16, 2019, 07:52:16 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics Title: Re: Binance’s IEOs keep Dumping, but why? Post by: carlzec on December 16, 2019, 10:30:58 PM CZ reads the market very well. A forward-thinking investor. You want to make a good profit from Binance. Follow CZ and its policies closely. CZ can create new winds at any time. This means new investment opportunities.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: VanDeinsberg12 on December 16, 2019, 10:45:15 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. Matic team have manipulation with their coin price, look and compare with matic price during IEO time and how much investor loss with matic coin price right now, I think matic owner and team have run away and enjoy with how much profit have got during IEO time.That must be a manipulation that already made by the team x binance team. IEO on binance looks garbage right now with so many manipulation to take the user's money. IEO is a very bad thing right now and it can bring everyone to the big loss. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: heidikim on December 16, 2019, 11:14:21 PM The icos were very fashionable. Now IEOs are popular. What do you need to do? It is necessary to know that the coins that can be obtained from IEO may experience a lot of fall. Because the grandfather of the IEOs, similar things happened in the ICOs.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: vintages on December 16, 2019, 11:38:14 PM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time. Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically. Trusting cryptocurrency project these days is hard. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: princecharles on December 17, 2019, 02:53:14 AM It's understandable that the market has taken a new switch lately with the bearish trend of several cryptocurrencies. I'm personally not surprised about the turnout of Matic which happened to be a top hit on the dumping of tokens. Binance team suspects bag holders to be responsible for the massive dump and promises to carry out more investigation into the abnormally.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: meanwords on December 17, 2019, 05:02:34 AM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time. Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically. Trusting cryptocurrency project these days is hard. Typical pump and dump schemes. I just can't believe that people still believe in this kind of things. I don't care if Binance is one of the leading exchanges in the world, at this point, all new projects are shit. Look at the price history, it looks so sketchy, getting pumped in a short amount of time. The Matic team probably saw an opportunity to make more money just like what the dev of Ethereum did to his coin. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on December 19, 2019, 08:21:25 PM It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow. The market doesn't work like that, no one is going to invest in a coin that you cannot sell for two years also I really think that it is impossible to force people to wait for that long, and if all of that was not enough the truth is that most projects are created only for the sake of speculation or scamming their customers not for long term growth so the measure that you are proposing is never going to work out in the market of cryptocurrencies or any market by that matter.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bittick on December 19, 2019, 11:49:40 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics Title: Re: Binance’s IEOs keep Dumping, but why? Post by: princerepon on December 20, 2019, 09:10:15 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..? And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Lauren Smith on December 21, 2019, 07:42:12 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..? And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there. I think people just like to have something or someone to blame so things make sense to them. They blame the exchange or bounty hunters. Who knows why they are dumping. To me why invest in something you gonna just sell right away and lose money on. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: CarnagexD on December 21, 2019, 08:02:24 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..? And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Ezravdb on December 21, 2019, 08:45:52 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: poodle63 on December 21, 2019, 11:22:22 PM It's understandable that the market has taken a new switch lately with the bearish trend of several cryptocurrencies. I'm personally not surprised about the turnout of Matic which happened to be a top hit on the dumping of tokens. Binance team suspects bag holders to be responsible for the massive dump and promises to carry out more investigation into the abnormally. that's a classic story when the exchange sites and team are blaming the token holders. How can i buy 3% worth of thematic coin from the smartcontract. If i can do that and i wanna buy it lol so many strange things happened with this project and even binance exchange site and i curious what's the agreement that happened between bothTitle: Re: Binance’s IEOs keep Dumping, but why? Post by: carlfebz2 on December 22, 2019, 12:20:34 AM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..? And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there. on dumping if its investors wont really support it for long term.They would surely dump and it doesnt matter if its launched on the most popular exchange like Binance because they dont hold up on how its supporters retain its value.Dump will surely happen yet as been said that primary motive is to take profits as early as they can so its just normal for them to look up for these projects and repeat the same process. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: minairia3 on December 22, 2019, 03:19:43 AM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time. Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically. Trusting cryptocurrency project these days is hard. Typical pump and dump schemes. I just can't believe that people still believe in this kind of things. I don't care if Binance is one of the leading exchanges in the world, at this point, all new projects are shit. Look at the price history, it looks so sketchy, getting pumped in a short amount of time. The Matic team probably saw an opportunity to make more money just like what the dev of Ethereum did to his coin. Ethereum? You mean they did pump and dump their coin? How silly you are for saying eth is same with PnD coin. Are you following the updates on eth network? 2.0 is not bad and still on process of implementation but it would be a great change that could revert back its price. Matic is only a new project, the price dump can't solely be blame on them or exchange. Who buy and sell the tokens? Are they? Its the traders. The blame should be upon on those guys as far as I think of it. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: TastyChillySauce00 on December 22, 2019, 03:31:37 AM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Shasha80 on December 22, 2019, 04:12:23 AM Not all IEO Binance fail like matic. After all, the risk of investing in IEO is very high so if something like this happens we have to ready to face it.
Do not blame Binance completely. In my opinion in this case of matic dump prices which the developer has to blame, because the proof is some other IEO binance can be successful. We don't need to blame each other related to this case, it is better to make it a lesson so that later on if you want to invest, use money that we can afford to lose. So if your plan fails, like Matic cases won't be too big of a problem. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Malam90 on December 22, 2019, 04:15:17 AM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. https://i.imgur.com/tB2e2gV.png Matic were forced to write a blog post to their investors and supporters explaining the situation. They also had to answer strong claims that they were behind the dump and had duped unsuspecting investors. The blog post said: “We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.” Unsurprisingly, Binance CEO, Changpeng Zhao was quick to refute the inside job accusations too. Matic was one of the first tokens to raise funds on Binance Launchpad, so this is yet another PR disaster for Binance, in what has been a rough year for the company. On the Matic issue, CZ said: “Our team is still investigating the data, but it's already clear that the MATIC team has nothing to do with it.” He went on to blame bagholders for the volatility: “A number of big traders panicked, causing a cycle. Going to be a tough call on how much an exchange should interfere with people's trading.” Many articles had previously been praising binance and their launchpad for the apparent success of the IEO and how the tokens listed all appeared to be pumping. A Cointelegraph article pasted in November asked: “Why Are Binance IEOs Starting to Pump?” Well, it's funny what a difference a few weeks make a now it appears many are dumping, and fast. This Matic incident is not the first time a huge dump has happened to a Binance Launchpad token. Fetch.AI (FET) saw a big dump after its listing, as did many other tokens. Celr another prominent token on Binance launchpad also saw a significant drop in price. The list i vergrowing. Is Binance really the best path to take? This Matic data would suggest not and the questionable nature around this latest dump calls into question the trustworthiness of the company and Binance. This not being the first time, especially as Binance saw themselves drop out of the top ten of most trusted exchanges last month. The signs are clearly presenting Binance and those associated in a bad light. Let’s see if this Matic scandal is a big anomaly or more tokens from Binance launchpad take a similar path. The reason behind IEO tokens dump are the recent dump of BTC and ETH markets. If BTC price falls, automatically altcoins price falls and it is normal process of the crypto market trend. From the beginning of November, Matic price got huge pump and after pump price may fall slightly and becomes regular compared to the beginning of November for Matic price according to your Matic chart. Here i don't find any fault of Binance rather Matic team should show more performance hence. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Oneandpure on December 22, 2019, 04:48:58 AM Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes. The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis. https://i.imgur.com/tB2e2gV.png Matic were forced to write a blog post to their investors and supporters explaining the situation. They also had to answer strong claims that they were behind the dump and had duped unsuspecting investors. The blog post said: “We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.” Unsurprisingly, Binance CEO, Changpeng Zhao was quick to refute the inside job accusations too. Matic was one of the first tokens to raise funds on Binance Launchpad, so this is yet another PR disaster for Binance, in what has been a rough year for the company. On the Matic issue, CZ said: “Our team is still investigating the data, but it's already clear that the MATIC team has nothing to do with it.” He went on to blame bagholders for the volatility: “A number of big traders panicked, causing a cycle. Going to be a tough call on how much an exchange should interfere with people's trading.” Many articles had previously been praising binance and their launchpad for the apparent success of the IEO and how the tokens listed all appeared to be pumping. A Cointelegraph article pasted in November asked: “Why Are Binance IEOs Starting to Pump?” Well, it's funny what a difference a few weeks make a now it appears many are dumping, and fast. This Matic incident is not the first time a huge dump has happened to a Binance Launchpad token. Fetch.AI (FET) saw a big dump after its listing, as did many other tokens. Celr another prominent token on Binance launchpad also saw a significant drop in price. The list i vergrowing. Is Binance really the best path to take? This Matic data would suggest not and the questionable nature around this latest dump calls into question the trustworthiness of the company and Binance. This not being the first time, especially as Binance saw themselves drop out of the top ten of most trusted exchanges last month. The signs are clearly presenting Binance and those associated in a bad light. Let’s see if this Matic scandal is a big anomaly or more tokens from Binance launchpad take a similar path. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Sithara007 on December 22, 2019, 05:07:54 AM I don't know how you can blame Binance for this. The users need to remember that Binance is just a platform and the exchange rate is solely dependent upon the demand-supply balance. Some of the users may argue that Binance should intervene and prevent dumping of the tokens. But since cryptocurrencies are not decentralized, this is not a practical solution. If Binance puts restrictions on the dumping, then the traders will just move to other exchanges (especially the DEX sites) and dump their tokens at even lower rates.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: silversurfer1958 on December 22, 2019, 05:40:15 AM After what Binance has done for past 6 months, this will be no big deal for them! But the important thing is that this manipulation is not recommended for a big exchange like this. A lot of people lost a lot of money because of matic growth and they lost everything after 1 hour. This may be due to CZ and his team manipulating it, because previously the data showed that there were a lot of people making Long orders and the Matic dump would bring a lot of profits to them. I think Binance is not really a good exchange anymore, they are in a position to make the speculators lose more money.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Eugenar on December 22, 2019, 06:48:33 AM Not all IEO Binance fail like matic. After all, the risk of investing in IEO is very high so if something like this happens we have to ready to face it. Do not blame Binance completely. In my opinion in this case of matic dump prices which the developer has to blame, because the proof is some other IEO binance can be successful. We don't need to blame each other related to this case, it is better to make it a lesson so that later on if you want to invest, use money that we can afford to lose. So if your plan fails, like Matic cases won't be too big of a problem. Actually, there is a correlation why certain projects picks binance to launch their IEO's with, there is an impact that binance could provide these project to be successful. With that, we can clearly say that it is not just the project to be blame but there is some flaws binance could also did to influence how the market of these projects are going down. But for us to understand, the greater responsibility of keeping the project right on track is weighing on the side of the developers, and the support given by binance or the exchange itself don't really impact that most. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nicolas1979 on December 22, 2019, 07:34:52 AM Binance and developer doesn't have enough capability to get investor trust. ICO, IEO and STO is similar program with the same purposes, collect fund and member for next step, make market. I see whales in this situation because to dump in high quantity only can be done by people like them and look's Binance/ developer doesn't enough preparation about this. Exchange/ developer want the project keep going but when whales playing this is the result, dump in high quantity without reward.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Trela on December 22, 2019, 08:19:28 AM Everything has warned long ago. If you are interested in ICOs and IEOs, and you really want to invest in these projects, you should understand that both are mostly the same. The risk is still there, and the manipulation of the rich always exists, waiting for the prey to come and eat.
Ideally, for those who still want to invest in IEOs or ICOs, I think you should stop investing in IEO or ICO at the moment if you do not want to grieve because of the enormous losses that can occur unless you are sure of the profits in hand. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Landak on December 22, 2019, 08:54:47 AM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. well I'm also not a fan of the IEO binance.and this dumping Matic really shocked me, suddenly in an instant it fell so badly it looked like deliberately manipulating (my guess). Or this possibility happened because the holders sold the whole Matic due for Christmas and new year. My doubts about IEO like there is also a point, yes initially it might be profitable if you decide to sell the coins when at the highest price, your investment should have returned (ROI). a big market with a good reputation cannot guarantee that everything will be good. after this, IEO investors should start being careful again in the future. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Pamadar on December 22, 2019, 09:08:35 AM Binance and developer doesn't have enough capability to get investor trust. ICO, IEO and STO is similar program with the same purposes, collect fund and member for next step, make market. I see whales in this situation because to dump in high quantity only can be done by people like them and look's Binance/ developer doesn't enough preparation about this. Exchange/ developer want the project keep going but when whales playing this is the result, dump in high quantity without reward. No one can anticipate how whales will be moving, not even the exchange owners will able to manage whatever directions they wanted the project willproceed. IEO's which being catered inside binance only have the advantage for sure listing but other than that the management don't have anything to do if what the team and the supporters wanted for the token they are working with. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: luckyflop on December 22, 2019, 05:57:01 PM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. well I'm also not a fan of the IEO binance.and this dumping Matic really shocked me, suddenly in an instant it fell so badly it looked like deliberately manipulating (my guess). Or this possibility happened because the holders sold the whole Matic due for Christmas and new year. My doubts about IEO like there is also a point, yes initially it might be profitable if you decide to sell the coins when at the highest price, your investment should have returned (ROI). a big market with a good reputation cannot guarantee that everything will be good. after this, IEO investors should start being careful again in the future. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Spider A4 on December 22, 2019, 06:09:56 PM MATIC is real project but this sudden dropped is unexpected. Market condition is dosen't matter in the dumping. This is big manipulation something happened otherwise no reason to such falling down. Last 10 days price chart is horrible, very sad for which holders. I don't think here Binance directly involved.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: imutlinda on December 22, 2019, 06:12:39 PM I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top. well I'm also not a fan of the IEO binance.and this dumping Matic really shocked me, suddenly in an instant it fell so badly it looked like deliberately manipulating (my guess). Or this possibility happened because the holders sold the whole Matic due for Christmas and new year. My doubts about IEO like there is also a point, yes initially it might be profitable if you decide to sell the coins when at the highest price, your investment should have returned (ROI). a big market with a good reputation cannot guarantee that everything will be good. after this, IEO investors should start being careful again in the future. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: FairUser on December 22, 2019, 06:17:51 PM Not only are Binance IEO projects being dumped, Okex, Huobi, Kucoin .. the projects which IEO in these exchanges are also dumped seriously. There are altcoins that have dropped 20 times since being listed at these exchanges, so this is the general situation of the entire market as the price of bitcoin is constantly adjusted. At this point, it's best to stay away from altcoins because the main trend is still dump
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: lolgato1 on December 22, 2019, 06:21:04 PM They raised hard cap and still they do not have enough? Sending a big part from team reserve doesn't look likw normal behavior, don't you think?
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: imstillthebest on December 22, 2019, 06:32:35 PM Not only are Binance IEO projects being dumped, Okex, Huobi, Kucoin .. the projects which IEO in these exchanges are also dumped seriously. There are altcoins that have dropped 20 times since being listed at these exchanges, so this is the general situation of the entire market as the price of bitcoin is constantly adjusted. At this point, it's best to stay away from altcoins because the main trend is still dump what about btc ? the trend of btc were also dumped but you werent saying that people should stay away from it ? anyway . all ieo's down that means that the trend for ieo's were now over . i thought ieo's are different from ico's ? but it looks like ico are still better because ico's trend last a little bit longer than ieo's . or idk maybe its this only caused by the dumped of the market and not the other way around . hmmm lets hope so . Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nicecrypto on December 23, 2019, 07:04:00 PM Some ieo tokens are already dumping way before btc ever thought of dropping in price, we all know ieo are no different from ico, imagine a project that has no product backing whatsoever is pumped to 70% of its original price, what else should be expected when everyone who participated in the ieo wants to take profit? Definitely it will dump.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on December 25, 2019, 07:41:25 PM There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception. your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: alrose on December 25, 2019, 11:29:37 PM After what Binance has done for past 6 months, this will be no big deal for them! But the important thing is that this manipulation is not recommended for a big exchange like this. A lot of people lost a lot of money because of matic growth and they lost everything after 1 hour. This may be due to CZ and his team manipulating it, because previously the data showed that there were a lot of people making Long orders and the Matic dump would bring a lot of profits to them. I think Binance is not really a good exchange anymore, they are in a position to make the speculators lose more money.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: devillnj2.1 on December 25, 2019, 11:47:15 PM the dramatic falls of matic is really painful and it's very sad that it happened in one of the big names in term of crypto currency exchange, their reputation and credibility is at stake right now, if they will not take the right action about this, they will lose a lot of their investors and users.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Balladtony77 on December 26, 2019, 12:13:12 AM Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: posi on December 26, 2019, 01:55:37 AM Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Mia44 on December 26, 2019, 02:48:34 AM The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: stadus on December 26, 2019, 02:51:57 AM What really makes the project earn short term success is because of hype and that's the coins listed in Bianance IEO.
However, these coins has a good chance to rise if the market is bullish, and obviously the market now is not bullish and as you can see, BNB token has significantly drop after reaching an ATH this year and that explains a lot about the possible performance of IEO too. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: TastyChillySauce00 on December 26, 2019, 03:46:37 AM The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious. Most of IEO are largely overvalued. Some of them also simply recycling the old idea and bringing it up for IEO in order to gather money from the masses. There's actually no distinct difference to ICO in term of result than just being seen as a more legitimate way to earn money after going under review by the respective exchanges. if people are hoping that the result by all these IEO somehow turns out different than ICO out there, they are mistaken and these things couldn't result in different outcomes.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Pamadar on December 26, 2019, 04:00:20 AM Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Stanlo on December 26, 2019, 07:58:57 AM Binance IEO projects must drop in value since bear market is still alive and kicking, even bnb token dropped a lot too this is not a problem, if i were you i will keep buying the deep, IEO projects from binance are better than other new projects
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: cytpoway121 on December 26, 2019, 10:35:21 AM Saying binance Ieos keep dumping sounds like you dislike binance
Ieo tokens in every exchange has dumped and lost prices Some has recovered from the dump, some are struggling and some won't ever come up again It's a general altcoin dump not limited to binance Title: Re: Binance’s IEOs keep Dumping, but why? Post by: meliodas on December 26, 2019, 02:12:59 PM It is a simple way for the developers to create money out of the thin air. You should not trust and invest into IEOs even though they are in a big exchange because it is still in a critical stage since they do only prove nothing. Invest into a project that has accomplishment where you can base your decision if you are going to be in that project for long term or not.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Gheka on December 26, 2019, 02:36:08 PM Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Ferris419 on December 26, 2019, 02:47:59 PM No one is a hundred percent trustable, not the CZ not the Matic team. CZ said this manipulation did not come from MATIC but who knows? Crypto world has the previous record that the project team deceives the investors in smart ways many times, this year we saw Populous team did it, so, I think this huge dump came from the MATIC team or the whales, but the price will recover soon, Binance team itself will cover it.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Trela on December 26, 2019, 03:02:28 PM So many big events and holidays are approaching, which forces investors to dump some of their assets, this money is to prepare for a change and start for a more wonderful new year, and as we all see, from our bitcoin locomotive to the altcoin, all have been bled, the IEO of the major exchanges is no exception. In addition, binance's IEO is no longer providing returns as it was at the start, a lot of data shows the weakening of IEO and investors may be tired of this plan, only very few investors continue, they usually sell as soon as they have a little profit, others who do not keep up will fall into the situation of dumping They are just speculators, not real investors, so when the market gets gloomy or slumps, they become scared and sell things even at a loss. After all, they are greedy people because of the promise of IEO referrals. Without knowledge, without clear goals, failure will inevitably occur. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: wajik-tempe on December 26, 2019, 03:06:33 PM I think the price of Matic dump is because large matic investors sell all their Matic, this is a normal occurrence if the price of tokens has gone up high, large investors will sell their tokens, not just IEO tokens I think not just the investors buy there must be a game from the officials and the crypto big people on those MATIC dump, and also other IEO coins from binance are not having a good time because i think investors are tired making an investment on cryptocurrency because there are so many projects out there and the communities are not solid just like years before. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: DaCryptoRaccoon on December 26, 2019, 03:09:33 PM Matic is one coins that actually did a full re-trace back up I think it was one of the more successful launches on Binance.
Look at Ankr they basically wiped the market out down to 21 sat's. https://www.tradingview.com/x/1gEgpFMr/ If you had bought Matic at launch you would still be in the green now. The fact that the market did a full re-trace is very good it gives those who invested early a very good return. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: mbakruroh on December 26, 2019, 03:19:45 PM This is the worst IEO that I ever know, volume so small and the price look's like garbage. There's no right reason why IEO dump so bad, the prediction is whales manipulate volume but we also know Binance already take care IEO until done, which one is true?. I'm not blame anyone or red market because this is too accidental, look the price when reach the point go down with our break. Now I have another reason to stay away from IEO, got no profit and lost 10% from my fund.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: desticy on December 26, 2019, 03:33:21 PM The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious. Of course, IEO tokens are overvalued, however, you need to understand that all the coins on the market to some extent have a speculative nature. The market is constantly on the move, this helps people with large volumes to earn on this kind of dynamics. The same thing happens with IEO tokens. They initially entered the market at an inflated price, in addition, the demand for them significantly exceeded the supply. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bittick on December 26, 2019, 03:51:38 PM The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious. i could agree with it but there are some people saying that exchange sites are also manipulating the pump that already happened with those IEOs. But i believe if they are dumping caused by no good progress. When bitcoin goes bearish trend and it makes the dump even crazy Title: Re: Binance’s IEOs keep Dumping, but why? Post by: VDraci on December 26, 2019, 05:41:58 PM No one is a hundred percent trustable, not the CZ not the Matic team. CZ said this manipulation did not come from MATIC but who knows? Crypto world has the previous record that the project team deceives the investors in smart ways many times, this year we saw Populous team did it, so, I think this huge dump came from the MATIC team or the whales, but the price will recover soon, Binance team itself will cover it. Large Matic investors sold off due to a fake tip off or something similar, this doesn't mean Matic is a bad project and it all went well because it's from binance if not it would have been a disaster Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Xxmodded on December 26, 2019, 05:45:28 PM Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Dildo Shwaggins on December 26, 2019, 05:53:49 PM They were probably using the same pump-bots as tron so they got rekt once they stopped pumping. So dangerous trying to trade all these shitcoins.
This was a shit-move by a shit coin and gives even more arguments against Binance and shitcoins. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Cheatbtt on December 26, 2019, 05:56:33 PM It is a simple way for the developers to create money out of the thin air. You should not trust and invest into IEOs even though they are in a big exchange because it is still in a critical stage since they do only prove nothing. Invest into a project that has accomplishment where you can base your decision if you are going to be in that project for long term or not. yes, but that doesn't mean that the IEO project in binance is a sign of danger, because smart investors will know how to swim or dive in it. but after seeing the recent MATIC coin price decline, I think investors should be more careful before choosing any coins and be vigilant before swimming there. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: mamahdedeh on December 26, 2019, 06:10:42 PM Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance. besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globallyTitle: Re: Binance’s IEOs keep Dumping, but why? Post by: nicecrypto on December 27, 2019, 06:31:18 PM Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance. besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globallyIn this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing, between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market, can't blame them. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Baimovic on December 27, 2019, 06:42:43 PM Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance. besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globallyIn this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing, between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market, can't blame them. of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Ezravdb on December 27, 2019, 09:17:28 PM of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes. all need money. Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: tiptopgemdotcom on December 27, 2019, 11:27:05 PM Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: alan2here on December 28, 2019, 02:49:10 AM of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes. all need money. Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: killerfrost on December 28, 2019, 02:55:54 AM of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes. all need money. Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved. To be honest, no one has invested in IEO projects after it is listed at the exchange because the price is usually pumped 3-5 times higher than the IEO price, too dangerous to be able to invest. . So after being listed at the exchange prices will tend to dump, along with the strong bear market, the dumping of tokens is inevitable Title: Re: Binance’s IEOs keep Dumping, but why? Post by: cutesgirl on December 28, 2019, 02:57:06 AM Have the end of investing with IEOs although with Binance exchange market, I think we need stop for investing with IEO until bitcoin and altcoin back with higher price, many developer try to get chance for investors where they sell coin during IEO with higher price but when listing on Binance always price dump and very cheap than IEO price.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: miningguru on December 28, 2019, 02:57:32 AM Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason. Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: TastyChillySauce00 on December 28, 2019, 03:09:03 AM Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason. Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Sithara007 on December 28, 2019, 04:21:06 AM Both the promoters and the investors need to understand that a particular project will not become successful just because it get listed in a big exchange such as Huobi or Binance. The promoters needs to prove that this particular project can be useful for its intended purposes and the development timeline is honored. The market dynamics have changed from 2017-18. Now the investors are more careful with the projects they chose. No one wants to pour their money in to some black hole.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: pawanjain on December 28, 2019, 01:26:53 PM There can be many reasons why a particular project didn't raise enough funds or why a particular coin got dumped in price.
A coin mostly get dumped because of lack of interest in the project. The investors and bag holders are ready to dump the coin as soon as it is launched in this case. This is the most common reason why certain coins gets dumped immediately after it is launched. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Raflesia on December 28, 2019, 02:15:23 PM Both the promoters and the investors need to understand that a particular project will not become successful just because it get listed in a big exchange such as Huobi or Binance. The promoters needs to prove that this particular project can be useful for its intended purposes and the development timeline is honored. The market dynamics have changed from 2017-18. Now the investors are more careful with the projects they chose. No one wants to pour their money in to some black hole. So the promoters now only need to prove the products they are running right, sometimes the products that are run do not match what is in the concept road map going forward without order so that it does not work well. But if I only rely on IEO in large exchanges, it's only a short time to get a profit after that is not what I expected in the future, which is clear in my opinion IEO is fortunate for me at Binance. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: No One on December 28, 2019, 03:03:27 PM The misconception among those involving in cryptocurrency is like any IEO can be successful if it is launched on any noted exchange. So the case you have mentioned here is directly related to this misconception. And this case has shed truth. The fact is that only a project with innovative technique, promise delivery, good and strong team, commitments can get a success.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: 103deltafox on December 28, 2019, 03:04:29 PM Honestly speaking, I'm really not a fan of initial exchange offering but it became the trend, and for Binance, it has done well and though most times accompanied by dump, I really don't think the dump of matic is as a result of binance fault moreover most altcoins are presently at their bottom.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: oktana on December 28, 2019, 04:47:20 PM finally returning to the same box where the market determines everything.
Developers are not as strong as before in determining long-term plans, several times Matic and One are involved in short PnD, developers also seem to want personal benefits, and they restart prices from the bottom with a little manipulation. fortunately they did not experience delisting due to the influence of large volume exchanges. but actually they are not much different from other new altcoins. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: cotton ball on December 28, 2019, 04:56:34 PM Finally almost all IEO coin list with binence become hype project because have been scam with lower price after coin active and available for trading, not have chance to get much profit with investing in IEO Binance because binance owner not care about which one serious coin for IEO listing, just keep care about how much payment fees received from IEO coin listed.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: spadormie on December 28, 2019, 05:10:06 PM For a long term answer, it's because all coins that undergo IEO in binance are also altcoins :D. They possessed what alts should be. Like it could experience dump and pumps.
For a short term answer, since it's an IEO from binance, it would take a lot of pump as binance makes a pretty good platform for a lot of coins because of its popularity. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: johnwest on December 28, 2019, 05:18:33 PM What is the purpose of Matic..? These IEO coins are no different than any ICO coins. People need to understand that Biance doesnt endorse these coins or projects. They are just platform to give them investments. Sooner or later this was going to happen but the dump is higher than we expected.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Karto on December 28, 2019, 05:25:53 PM yea this drop was a scary dump.. Binance is very strange with its IEO's
IEO is just like ICO just have a 3rd party that wants its cut too this dump is something that keeps reminding me not to buy after a coin does x2 x3 just like XTZ and LINK did in this year, i think that its going to fall hard soon Title: Re: Binance’s IEOs keep Dumping, but why? Post by: luppecuppe on December 28, 2019, 10:02:47 PM We are at the end of the IEO season. I'm excited. I don't know if it will. But the price of Ethereum leads me. The Ethereum will soon switch to the POS system. The price of Ethereum fell to around $ 130. I plan to invest by making the right plan. Ethereum price can be reduced to 70 dollars or 350 dollars. I'm going to invest in them. Binance's short-lived IEO excitement.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on December 29, 2019, 05:58:51 PM the dramatic falls of matic is really painful and it's very sad that it happened in one of the big names in term of crypto currency exchange, their reputation and credibility is at stake right now, if they will not take the right action about this, they will lose a lot of their investors and users. Nothing is at stake for binance, they are not giving you any advice regarding what you should do with your money, just because a coin is being traded there it does not mean that it is any good, if you invest in a bad coin then you should face the consequences of your mistake and not blame someone else for your losses or I guarantee you that you will never learn your lesson and you will make the same mistake again and you will suffer the same consequences except that each time this cycle happens you will have less money in your wallet.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: RussiaUkraineTranslation on December 30, 2019, 12:57:20 PM I can't vouch for IEOs but exchange tokens like ecxx and BNB seem to be doing well.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: nanaimogold on December 30, 2019, 01:29:36 PM What is the purpose of Matic..? These IEO coins are no different than any ICO coins. People need to understand that Biance doesnt endorse these coins or projects. They are just platform to give them investments. Sooner or later this was going to happen but the dump is higher than we expected. I understand your concern but matic dump was bound to happen because its tokenomics and allocation was clearly indicated on the whitepaper. So team released a percentage of the tokens as planned. I have no problem with that seriously, smart investors would have sold matic after the incredible moon and bought back. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Beparanf on December 30, 2019, 01:39:23 PM We are at the end of the IEO season. I'm excited. I don't know if it will. But the price of Ethereum leads me. The Ethereum will soon switch to the POS system. The price of Ethereum fell to around $ 130. I plan to invest by making the right plan. Ethereum price can be reduced to 70 dollars or 350 dollars. I'm going to invest in them. Binance's short-lived IEO excitement. Actually it's only in Binance now that IEO are active as many new projects now are not appreciated or used by crypto. Some exchanges weren't able to put excitement in some projects as some seems to be scam and some are not good enough to be noticed. It just maybe meant for some IEO projects to be dumped as market's prices even top alts are decreasing in price. And people tends to invest now in most popular alts like ETH than to invest new ones. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: PuertoLibre on December 30, 2019, 04:00:37 PM We are at the end of the IEO season. I'm excited. I don't know if it will. But the price of Ethereum leads me. The Ethereum will soon switch to the POS system. The price of Ethereum fell to around $ 130. I plan to invest by making the right plan. Ethereum price can be reduced to 70 dollars or 350 dollars. I'm going to invest in them. Binance's short-lived IEO excitement. The end of IEO season is not near unless the new model of token sales becomes available for the crypto investors. There is HYPE in the recent token sales, the contribution of HYPE provides the emotional craziness and adding this factor with the limited supply, the reasons for previously successful ICOs can be elaborated.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Nguyenthanh2391 on December 30, 2019, 04:27:07 PM Binance IEOs are scaring investors because they continue to dump and are currently receiving a lot of criticism. Binance's IEO version has been greatly reduced by 60% in just a few minutes.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: superstrength on December 30, 2019, 04:35:29 PM Currently, the tokens on the Ethereum network are plummeting and surprisingly. I was bewildered. Coinmarketcap data shows that MATIC / BTC reached a high of 562 satoshi on Monday and now has only 195 satoshi.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: bitkanu on December 30, 2019, 04:39:13 PM I can't vouch for IEOs but exchange tokens like ecxx and BNB seem to be doing well. i have seen someone has already said about ecxx but the fact that if that was BS. just try to count binance as the best exchange site that was doing IEO very well with its manipulation on the price and token distributionTitle: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on January 02, 2020, 07:28:37 PM We are at the end of the IEO season. I'm excited. I don't know if it will. But the price of Ethereum leads me. The Ethereum will soon switch to the POS system. The price of Ethereum fell to around $ 130. I plan to invest by making the right plan. Ethereum price can be reduced to 70 dollars or 350 dollars. I'm going to invest in them. Binance's short-lived IEO excitement. The end of IEO season is not near unless the new model of token sales becomes available for the crypto investors. There is HYPE in the recent token sales, the contribution of HYPE provides the emotional craziness and adding this factor with the limited supply, the reasons for previously successful ICOs can be elaborated.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Malam90 on January 03, 2020, 01:56:51 PM For a long term answer, it's because all coins that undergo IEO in binance are also altcoins :D. They possessed what alts should be. Like it could experience dump and pumps. For a short term answer, since it's an IEO from binance, it would take a lot of pump as binance makes a pretty good platform for a lot of coins because of its popularity. The most important reason is that altcoins are now on the way of ruin. Almost all altcoins are facing dumps and dumps. In Binance, IEO is taken place for altcoins. On new investment in altcoins are very pessimistic from the investors. So they are coming to invest again. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: qomariah95 on January 03, 2020, 03:05:38 PM However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Dalmar on January 03, 2020, 03:09:38 PM However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything. If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Bim abk on January 03, 2020, 03:20:16 PM However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything. If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: LuckyBtc on January 03, 2020, 04:33:42 PM yea this drop was a scary dump.. Binance is very strange with its IEO's XTZ is pretty strong with staking being the trending thing now, It has lot more to gain. Binance IEOs, tokens,coins everything is pretty fucked, No one is buying these because people aren't making much money with them. Once the next Altseason (If ever) starts things will go nuts again.IEO is just like ICO just have a 3rd party that wants its cut too this dump is something that keeps reminding me not to buy after a coin does x2 x3 just like XTZ and LINK did in this year, i think that its going to fall hard soon Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Spider A4 on January 05, 2020, 07:50:50 PM Binance IEO projects must drop in value since bear market is still alive and kicking, even bnb token dropped a lot too this is not a problem, if i were you i will keep buying the deep, IEO projects from binance are better than other new projects A lot of real products project can't create HYIP because those are not listed such as Binance exchange. I don't think all of the Binance launched IEO's projects are deserve such over price which is temporary than gradually dumping hard. BNB dropped for affected the overall market.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on January 06, 2020, 08:11:01 PM However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything. If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Jamalkm74 on January 06, 2020, 08:23:55 PM IEOs dumping is really not abnormal, even none Ieo project are same as i know, this is not fault Binance, i think binance not control IEOs price. IEO project price pumping dumping is normal.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: memedennis on January 06, 2020, 09:37:20 PM Well investors are now wise and one thing that makes Binance IEO Dumping is the difficulty attached to participating in the IEO. The modus operandi of the IEO activities are just too cumbersome hence the reason for the massive dumping. Its just asif the IEO are only mearnt for whale and there are no locked period attached to most of the IEO
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: henrybek3 on January 06, 2020, 11:38:38 PM IEO has become a very popular business. Everyone bought tickets and waited. Even the newly released token continued to rise for a while. But now the sea is over. This story is over, friends. Now be very careful when investing in IEO. We're in an artificial field.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: South Park on January 10, 2020, 06:46:10 PM Well investors are now wise and one thing that makes Binance IEO Dumping is the difficulty attached to participating in the IEO. The modus operandi of the IEO activities are just too cumbersome hence the reason for the massive dumping. Its just asif the IEO are only mearnt for whale and there are no locked period attached to most of the IEO I do not really think that there is any whale participating in ieos, first of all because if they wanted they could buy the entire supply of an ieo and second because even if they invested in an ieo and they were successful in their investment the money they are going to get is not going to be worth the effort for them, make no mistake the market of ieos is for small investors that do not really know how to profit from good coins like bitcoin, because if you knew how to do that you will never give any attention to ieos.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Crypto5060 on January 10, 2020, 07:02:56 PM It isn't Binance fault if an IEO launched on the exchange dumps. It's the project's job to maintain a certain level of trustworthiness so that a rumour wont spearhead a dump. Moreover since the dump, Matic has gone back to where it was before.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: gensol on January 10, 2020, 07:10:23 PM Those IEOs were based on nothing but hype. Now the hype is over, cryptocurrency market has as well failed to moon as everyone expected by now thereby making Binance IEOs reveal their real worth which is nothing as they're utility tokens.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: fireball4 on January 17, 2020, 11:00:40 PM No one is a trustable one hundred percent, not the Matic squad, not the CZ. CZ said MATIC didn't exploit this, but who knows? Crypto world has the previous record that the project team deceives investors in smart ways several times, this year we've seen Populous team do it, so I think this big dump came from the MATIC team or whales, but the price will soon recover, Binance team will cover it.
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: stephanirain on January 17, 2020, 11:54:13 PM I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting. Many have seen it coming just like old ICOs before that no longer exists in the current market. It is unfortunate to see that the number of IEOs that turning to same fate of the old ICOs before are increasing. Massive dumping really makes small-time investors into disadvantage. I hope issues like this, can still be solved or else if it continues on with other projects, more people will lost interest in investing. Title: Re: Binance’s IEOs keep Dumping, but why? Post by: Desscount on January 18, 2020, 10:18:59 PM Those IEOs were based on nothing but hype. Now the hype is over, cryptocurrency market has as well failed to moon as everyone expected by now thereby making Binance IEOs reveal their real worth which is nothing as they're utility tokens. the most important thing is that many investors have successfully benefited from IEO, Harmony, Matic, which was launched at Binance, a huge success, making investors get profit up to 3x, what do you think?Title: Re: Binance’s IEOs keep Dumping, but why? Post by: monineklutak on January 18, 2020, 10:28:02 PM IEO tokens or coins are new projects, it takes time to develop even though altcoin season comes, I'm not sure about them, it is only natural that dumps come over to those coins
Title: Re: Binance’s IEOs keep Dumping, but why? Post by: X-ray on January 18, 2020, 10:33:22 PM IEO tokens or coins are new projects, it takes time to develop even though altcoin season comes, I'm not sure about them, it is only natural that dumps come over to those coins People are used to the hype that IEO has when it's initially known by people like back then when all the IEO are overvalued and always pumped. Now that the reality has become the opposite and people already realize that these IEO actually don't worth that much people starts to questioning why it's keep dumping. Nothing last forever I guess.Title: Re: Binance’s IEOs keep Dumping, but why? Post by: hello_good_sir on January 18, 2020, 10:34:20 PM Why? Because Binance doesn't have the obligation to keep their prices afloat.
Their only job is to host a market on which buyers and sellers of the token can meet and trade with sufficient liquidity, that is all. They don't have the job of making sure that the market price of the token stays above ICO price. So if the fundamentals of a project deteriorates, of course the free market is going to respond. There is really no way around that. |
