bttmember
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AMEPAY
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October 03, 2018, 04:06:41 PM |
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I agree with you, it is very dissapointing and discouraging that our investments in even good projects is sinking, to add to your list i will name omx, swissborg, atl, amn and many more, lets hope market will reverse soon and give the real value of all these tokens soon.
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kipozer
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October 03, 2018, 04:08:43 PM |
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All this looks like a situation where people do not understand what the matter is and what BTC is and how it affects the rest of the cryptocurrency world, I think that this is clearly a matter of BTC and the situation when a person does not understand is very sad.
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sfireman
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Decentralized Ascending Auctions on Blockchain
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October 03, 2018, 04:09:11 PM |
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) even good project with many stars adv still can fall like centra project. everything down to 0 after 1 night
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EdenHazard
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October 03, 2018, 04:27:06 PM |
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I guess it has become a tradition when someone got a token from a bounty campaign they will sell the token directly, and this possibility was followed by the ICO investor project to sold the token he has. And the impact is that the token price will decrease because many bag hodler sold the token. Or another possibility, the project developer has been satisfied with the target he achieved so as another project that he had to fix was delayed.
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AltcoinsBattle
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October 03, 2018, 04:37:23 PM |
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Market prices are the balance between buyers and sellers. With the fall of BTC, the general interest in the crypto market is falling. This means fewer buyers. Now bitcoin does not fall, but does not grow after the fall. Very few people study crypto projects. Only large players buy, but do not increase the price (accumulation). Thus, there is no reason for growth, and there are reasons for falling.
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Ostonian
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October 03, 2018, 04:39:23 PM |
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Most likely, the demand for coins falls, but in order to sell and get something, people place orders all reducing the price. That's the price and collapsed. Plus, the price depends on bitcoin and ethereum, which are very low in price.
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iamzill
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October 03, 2018, 04:42:52 PM |
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the price of a coin of any size if the condition of the cryptocurrency market is in a bad position it will only make a loss and drop, so the price of ico dropped now is only based on unfriendly market conditions.
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Psec
Copper Member
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October 03, 2018, 05:04:11 PM |
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I think this is the part of the game and most investors also know this, their price will surely come up if the team is sincere with the project and works towards achieving their milestone as lay down in their roadmap .
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akashark (OP)
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October 03, 2018, 05:27:28 PM |
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Indeed. I also saw that HDAC is doing so bad lately and the community has started to have questions regarding to project and development but if we retrace back in winter you can see clearly that bitcoin price was at it's highest and HDAC ICO was in running in that time so this puts HDAC to be tight with the curent price of bitcoin scaled at hdac price.
HDAC Project and their work plan were really good, you are right that Bitcoin price was sky high when HDAC ICO was running. But what about Pumapay or Cryptosolartech? They finished tokensale about 2 Months ago. Pumapay Raised 117 Million USD but their trading volume less than 2 Million! I know we are passing the bad time, but These big project's coins price are being ridiculously low! Where Localcoinswap, Docademic coins price is very stable and their ICO wasn't a big success!
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zeze18
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October 03, 2018, 05:28:42 PM |
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What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
Because investors come and go, take short profit and move to another ICO. Too many new ICO is affected to old peoject who has developing, if there's nothing interesting anymore, people will move to the new project and so on.
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ryker6688
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October 03, 2018, 05:51:57 PM |
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I think the current market is falling sharply for all the successful ico is very difficult. But do not worry if the coin has the potential and the team grows strong, I think it will be successful.
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ripaex (https://ripaex.io/) Marketplace
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suzanne5223
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October 03, 2018, 06:03:16 PM |
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Firstly, the main reason why big successful ICO coins are sinking are the market blood bath and which happened this year and it will be next year before most visitors can enjoy their investment. However, the coins ought to gain some slightly increase in price sometime and if such case is not happening then strategy used by the team is not enough.
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kobita333
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Official Street Team member
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October 03, 2018, 06:06:43 PM |
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Have you ever considered what is some real usage of those coins? Most of those are nothing but some shitcoins. Also, for your info, the whole market is bearish and most of the potential crypto is losing its value. So, it's normal. Nothing to worry.
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AgentZero23
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October 03, 2018, 06:27:58 PM |
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What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
This tokens are not the only ones that are sinking in terms of price. Even btc and eth are also in a blood bath and the rest of the alt coins. Even some sucessful ICO's like Telcoin and PolicyPal are also having a massive price drop. If btc and eth have another bull run, I'm the price of all tokens and alt coins will go along with it.
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nikola22
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October 03, 2018, 06:45:47 PM |
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many ICOs that raised big money don't develop their products or develop them too slowly and this is the reason why the price of their tokens is falling.
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trofim21
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October 03, 2018, 06:54:25 PM |
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This is due to the fact that many companies need at least a couple of years to fully realize their product and earn the trust of many users. After that, the coins will start to grow, if, of course, the company is very promising, I found one of these companies and contributed @swachhcoin. The project will pay people for their trash. At the moment there is a 16% bonus, you can buy coins by the end of October. I advise you to see the project.
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happy weblancer
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October 03, 2018, 06:56:11 PM |
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One reason I could think of is that, It's a scam When you have a project raising millions of dollars, Pricing their coins at let's say $1 per coin when investors wanna buy them in the event of an ICO and later the price drops down, It was a scam coin, Team and project. You all know that now the price of all coins has fallen. If you say that the listed projects are scam, then the entire first sheet of coinmarketcap is also scam? And all the other coins too?! Now such a market, such a conjuncture. It just needs to be accepted.
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waser12
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October 03, 2018, 07:20:57 PM |
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Almost all mentioned coins have value equivalent as Ethereum. As you can see at the graph it has been dumped dramatically as whole crypto market.
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akashark (OP)
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October 03, 2018, 07:32:30 PM |
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Have you ever considered what is some real usage of those coins? Most of those are nothing but some shitcoins. Also, for your info, the whole market is bearish and most of the potential crypto is losing its value. So, it's normal. Nothing to worry.
I am worried because of their trading volume. Can't you think a 117 Million Raised Coin's has less than 2 Million trading Volume? Isn't it bad? I know we are now in bad condition of the crypto market, every day I am saying it to others. But These project hasn't enough volume, people are not interested to buy these coin. HDAC, PMA, BKX was big hit ICO, but have you seen anyone to talk about these coin in this forum?
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kleeck
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October 03, 2018, 07:45:26 PM |
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Because people think the hype will bring them 3x 5x just in seconds. But if it doesn't happen (like bear markets right now) they starts to sell and it is causing price to sink. The problem is overexpactations caused by the past.
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