KingDome
Jr. Member
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Activity: 434
Merit: 1
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November 29, 2018, 06:52:24 AM |
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Most of the people nowadays are joining bitcointalk and pushing their limit to rank up to jr member and then try to join a bounty. That's why the ICO price is dropping so much.
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Freddy63
Member
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Activity: 434
Merit: 10
SESSIA
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November 29, 2018, 06:58:20 AM |
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Price dropping is usual problem. point is that projects gor listed without cteating value of token and demand in token economy. It shouldn't be a speculative fluctuations, but steady growth of ecosystem
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Mypanara19
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November 29, 2018, 06:58:32 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
For me it is very alarming that its happening but I think we must also give the project enough time before expecting that your money will get doubled or more because if we expect that after ico our investment will multiplied as what we all expect then I guess it will not take long and the project will get bankrupt at once.
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Coin-1
Legendary
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Activity: 2618
Merit: 2304
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November 29, 2018, 06:59:44 AM |
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Sometimes the prices of new listed tokens significantly drop on crypto exchange markets because bounty hunters sell their rewards immediately and massively. It depends on the total budget of the bounty campaigns. Typically, 2% bounty can temporarily reduce the price to -10%. If the project looks good and its team is experienced, do not worry about it. Price will be restored at least up to the ICO price as soon as possible.
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Dilireba
Jr. Member
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Activity: 350
Merit: 1
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November 29, 2018, 07:04:07 AM |
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It's a bad results of bearlish market, even that top coins can not keep high price so i don't feel abnormal with new token price dropping. Bitcoin and Ethereum even are 10 times decrease.
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Gabmot
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November 29, 2018, 07:08:35 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
This noted has actually for me pose itself as one of the most serious challenges of the crypto world. It actually so serious that many investors heap blame on the bounty hunters as the main catalyst responsible for the dump in the price of a coin as soon as it enters market. However, this has been proven wrong lately as even before bounty hunters are rewarded, the price of several coins are long way down. How is then are we gonna explain this?
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killat
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Activity: 742
Merit: 21
Be the reason someone smiles today
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November 29, 2018, 07:13:39 AM |
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After listening, most of the projects drop due to a lot of reasons:
- ICO price has been artificially set too high for the projects' potential - many participants from presales or private sales got good discounts and they are in profit even if selling under ICO price - Bounty/Airdrops participants sell their tokens for a quick profit. As they didn't invest money into ICO, but time to do different activities, they are not interested too much in selling price.
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Snake9999
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Fast, Smart, Trustworthy
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November 29, 2018, 07:26:37 AM |
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This is the case with the current ICO market, because too many investors are subject to ICO fraud, and they are eager to get a return after investing in ICO, so when new tokens enter the exchange, they always choose to sell!
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BlackRacerX
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November 29, 2018, 07:37:08 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
Probably because some investors didn't really bought into the ICO and then they just dumped them all immediately since a lot of bounty hunters like us would normally just dump the token when distributed and released in the market. It does happen quite often nowadays.
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Salelo
Full Member
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Activity: 434
Merit: 100
GIGZI
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November 29, 2018, 08:03:51 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
It sucks to lose money, I understand, but take this as a lesson learned. You should not invest in ICOs, they are blatant scams. ICOs are get rich quick schemes for the "founders". They are not designed to make you money, they are designed to make them money. A lot of these ICOs that have good concepts are very fundamentally technically flawed in their design. A lot of ICO investors aren't very familiar with how Blockchains actually work, so they get duped by these promises that the ICO's make. The ICO's can almost never deliver on their promises. I mean look at EOS, it sounded like the best thing in the world before the mainnet went live, and look at the dumpster fire it is now. ICO's are only meant to make the founders money. in my opinion you are wrong if you say ICO is rubbish, now it's not only from the new ico after entering the exchange it has experienced a drastic decline but represents all the coins, I am very sure if one day BTC or ETH is bullish all the coins will also follow it actually the garbage is not an ICO project, but the developer is only using ICO as a fraud field. and that makes a lot of investors' views now if new projects cannot be trusted. and for all market problems we only need to wait for the bullish season
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onrise
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November 29, 2018, 08:05:34 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
Probably because some investors didn't really bought into the ICO and then they just dumped them all immediately since a lot of bounty hunters like us would normally just dump the token when distributed and released in the market. It does happen quite often nowadays. It is also possible that if that project owners created just to make some quick money they theme self will dump their coins to make quick money and sell off immediately as they do not want to hold it back a long because they know that it is not the long term project or they would not get the price which they are getting it now.
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FLHippy
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November 29, 2018, 08:08:34 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
Well, this is because every cryptocurrency is falling down, so high-risk investments like ICOs are falling even more because who wants risky coins in unstable market.
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3lyntmy
Jr. Member
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November 29, 2018, 08:18:52 AM |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
im quite agree v what u said, actually the most important time is when after the token listing the project still can maintain and do something to let the price up again
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Vanderbleek
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November 29, 2018, 08:22:39 AM |
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Unfortunately, it is happening due to the market conditions. If an ICO has reached its soft cap and is going live on exchanges, it usually drops its price, because nobody wants to buy their coins. Everyone is holding and waiting for the next market movement.
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trash321
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November 29, 2018, 11:20:02 AM |
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this has become a common thing that sometimes new people are still surprised, sometimes even a decrease of up to 10 times the price of ico and usually the new 3 weeks will gradually be normal. that's what usually happens if the normal BTC condition
But before this simply did not exist, if earlier the project was considered normal, then it definitely received great recognition and had the opportunity to improve its price ranges. So for me, this is a bit strange.
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shaheer001
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November 29, 2018, 11:30:11 AM |
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I think this is due to worse market condition since last 08 months so as market start recovering the coins price will also go up just hold.
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trash321
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November 30, 2018, 06:30:49 PM |
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I think this is due to worse market condition since last 08 months so as market start recovering the coins price will also go up just hold.
Of course, the deterioration of the wound is directly related to what is happening today, but why people don’t understand that all these actions are only manipulations and manipulations directly with our consciousness. Therefore, I am sure that everything will be fine.
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nityans
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November 30, 2018, 07:44:00 PM |
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At the end of the ICO, with the release of coins on the exchange, indeed many projects lose their value from the originally stated. As experience shows, if you are going to invest and look at the project during the ICO, it is better to invest upon completion of the ICO after a certain time after the project enters the crypto-currency exchange.
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Xcode7
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November 30, 2018, 07:55:30 PM |
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I think this is due to worse market condition since last 08 months so as market start recovering the coins price will also go up just hold.
it won't be that easy to get the right price in crypto. in 2017 there were ICOs who when carrying out market lists the price of dump tokens was below the ICO price. but need to be convinced that the market is currently dumping and has an impact on the ICO
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bgpsq
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November 30, 2018, 07:57:42 PM |
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And do you know why? Because people realize that they invested into sh** project, without any progress or good exchange?
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