bittraffic
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September 03, 2018, 03:18:31 PM |
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Some of those who dump are only taking profit because they get about 20% bonus in buying early in the ICO and some are bounty hunters. 20% is a lot of profit already which is very tempting to do. Some of us only think of BTC alone that is very important in crypto. Nothing is much important, not even ETH whcih is why dumping the tokens for BTC is worth.
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Supple Giants
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September 03, 2018, 03:24:40 PM |
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I think one of the reasons of dumping ICO coins is that the person who is holding it cannot trust the ICO until the end. Most people want quick profit and this is another reason of selling out the ICO.
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Toildrairrur
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September 03, 2018, 03:27:29 PM |
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There can be many reasons working behind this type of activities. The person who is holding ICO coins might be in bad economic situation or he/she is just thinking that it might not bring quite good reward.
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gucci belt
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September 03, 2018, 03:30:55 PM |
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I think we have to see things more comprehensively. Some projects have almost the same business capital, and of course compete with each other. I think there is indeed a reason for bounty hunters, but there are many other reasons that might be bigger than a free coin. So I think if we start giving credit to bounty hunters and don't always blame them, then maybe that will have a positive impact on the price of tokens in general.
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steins19
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September 03, 2018, 03:35:20 PM |
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There's no good advantage in dumping the coin that receive from bounties. Simply because having yourself fully engage in the money that weren't saved or properly spent will just result to despair and relentlessness.
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lagabara
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September 03, 2018, 03:37:52 PM |
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They do that because they are in need of money, so selling tokens that are owned at any price. then people who panic with the price movements that are falling. Or also do a dump to buy back at a lower price. So in my opinion there are 3 possible dumps that occur in the market.
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Zeke_23
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September 03, 2018, 03:37:56 PM |
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Many bounty hunters need at least some money, and many are just stupid. I think that this will continue until they delay payments for some time.
bounty hunters are not the only one who dumps a coin, also some other people who holds the same coin, bounty hunters are holding only a little number from the supply, it is about 1-2% from the supply.
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rdny
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September 03, 2018, 03:40:45 PM |
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It really depends on the scenario, some are looking for quick profits while others are looking for an early exit due to a poorly planned project that they supported for a while. There are also times that there are personal reasons like they need the funds for whatever purpose there is.
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The Goat Master
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September 03, 2018, 03:43:58 PM |
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For some money is money. And there is also opportunity cost and when people see better opiton for investment they go for it.
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Floder1
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September 03, 2018, 04:49:45 PM |
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Hahahaha, interesting topic raised here. Dumpers are very funny to me on this forum. They dump all their tokens and will come back here and cry. I have read a lot of regretful messages here. It is time we all exercise patients.
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BogdanGFTP
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September 03, 2018, 07:11:36 PM |
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I think that's happening because the majority of projects spend much less money to advertise their product after ICO in comparison with their spending when ICO is going. As a result we see decreasing of popularity of their coin after ICO - more people want to sell their coin than buy and the price is dropping. That's basics of economy.
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KobbyD
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September 03, 2018, 07:31:40 PM |
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It is not always stupid because some others dump because they no longer believe in the project. Maybe that individual might think the team did not meet expectations. However, some others are stupid I think. They always dump without studying the trend of the coin even for a week.
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Docnaster
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September 03, 2018, 07:44:41 PM |
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Dumps are sometimes good, it shows the market which projects are not worth their salt, and prevents further investors from boarding the ship. Dumps don't usually happen to the truly stellar projects, so we really don't have that much to worry about if we have our holdings in super strong projects. It's very simple, don't invest in trash projects then the dumps wont affect you!
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Sri Asih
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September 03, 2018, 11:32:46 PM |
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In my opinion, it will return to each project. Because if the project is good and successful at ico, there aren't many dumps that occur, and if they do, then the developer or investor will of course quickly buy it. So I think it's a matter of the quality of a project itself, even though some good projects can be affected.
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Netcave
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September 03, 2018, 11:52:58 PM |
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Hi guys, i just want to know, what the advantage for dumping the ICO coin?
I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL
How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.
Kind Regards,
With the current situation, maybe a dump token comes from many sources, not only from bounty hunters. A very big bonus for the initial investor, or an unsold token, can I be the reason for the price of a token far from ico's price. And unfortunately, some developers focus more on their projects than pumping the price of tokens.
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kier010
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September 03, 2018, 11:54:06 PM |
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maybe you don't know that many bounty hunters do it as a source of income. they sell it because they need it for there daily needs. maybe you don't need to work just to eat but for them they need to work to eat and doing campaigns can give them incomes. don't just think of your status in life think of their situation too. they want to eat is that stupid?
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StephKram
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Most Advanced Crypto Exchange on the Blockchain
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September 04, 2018, 01:42:38 AM |
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I almost always hold my coins I received from bounties. I figure some will have value and then go to zero however I'm hoping for the big one that flies and stays there so I can gain my profits that way.
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aizen10
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September 04, 2018, 02:13:39 AM |
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Hi guys, i just want to know, what the advantage for dumping the ICO coin?
I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL
How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.
Kind Regards,
The Advantage of dumping ICO coins is to make it cheaper at the same time you will be the first one to earn in dumping then buy back again when ICO coins is in the dip, so why would you wait if the ICO coins has no potential to grow even a $1, this not just a dump, it is how you can earn in a smart ways.
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pageraji
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September 04, 2018, 02:18:35 AM |
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may be not all blaming bounty member, ICO in presale or white list get large of discount that when coin or token listed go to dump...
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Dextord
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September 04, 2018, 02:20:33 AM |
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Maybe they are new to the crypto world and just want to get money quickly by participating in the bounty campaign and not knowing the price when ico they just want the token fast and earn money by selling cheap
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