Bitcoin Forum
May 05, 2024, 05:44:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
Author Topic: Why Big Successful ICO Coins Price are sinking?  (Read 2131 times)
rafa_uefa3
Jr. Member
*
Offline Offline

Activity: 280
Merit: 1


View Profile
December 05, 2018, 01:06:40 PM
 #141

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?

Maybe some team behind projects dumping coins silently ? or some very early investors with big 200-300% discounts dumped all
coins...

ripaex (https://ripaex.io/)
Marketplace
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714887870
Hero Member
*
Offline Offline

Posts: 1714887870

View Profile Personal Message (Offline)

Ignore
1714887870
Reply with quote  #2

1714887870
Report to moderator
1714887870
Hero Member
*
Offline Offline

Posts: 1714887870

View Profile Personal Message (Offline)

Ignore
1714887870
Reply with quote  #2

1714887870
Report to moderator
sulis sudibyo
Member
**
Offline Offline

Activity: 882
Merit: 11

Volare.network


View Profile WWW
December 05, 2018, 01:29:40 PM
 #142

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?

I'm also confused about this. like there is something strange when ico they have very many investors. but when their coins are listed on the market, they are like losing investors in an instant.

───[  Volare.Network  ]───
─────────────[  The First Commercial Blockchain Network from EQBR Technology  ]─────────────
─────────────[  TWITTER    |    mVOLR AIRDROP    |    TELEGRAM  ]─────────────
sinkfish
Jr. Member
*
Offline Offline

Activity: 252
Merit: 1


View Profile
December 05, 2018, 02:07:58 PM
 #143

One reason I could think of is that, It's a scam  Cheesy 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.

its not hard for them to slip in to the market during bull run... it might look similar to other coin. when the market start to bear, the immediately dump their coin and leave the market. there quite a lot developer do the same.
fortunecrypto
Legendary
*
Offline Offline

Activity: 2450
Merit: 1047


thecryptocurrency.directory


View Profile WWW
December 05, 2018, 02:12:34 PM
 #144

This is the sad state of the cryptocurrency, and this is one of the main reason why ICO right now are having a hard time reaching even their softcap, and there are so many failed ICO and not to mention scam ICO flooding the market and people are asking if there is hope in the market well things will come to pass and we will see only legit project coming up.

chakhigh
Member
**
Offline Offline

Activity: 616
Merit: 10

FRX: Ferocious Alpha


View Profile
December 05, 2018, 02:33:32 PM
 #145

It is all a matter of backing the crypto price with real life used value my friend.
Meaning, if there is no way to back the price of a digital asset with a real stable material value, then how can we expect the price to stay the same?!!

Take a look into Gigzi project, (suppose everything going well), there is a small chance the token price will go down, as it is backed by precious metals price. Price of 1 Token = Price of 1 Gram of Gold.. I think this can relieve the volatility issue in crypto..

pinoyrichkids
Member
**
Offline Offline

Activity: 322
Merit: 11


View Profile WWW
December 05, 2018, 02:38:51 PM
 #146

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?

The only reason is that early investors tried to sell their purchased tokens during dump, in order to recover their investments, this is one of the primary goal of investing, to recover first the capital invested and after they sold their holdings, they dont mind anymore what would happen to the project, this is the reality of ICO nowdays, but i hope that we shall support those projects that are good.

TheFaustFlick.com
»   Executive Produce a Comedy Film   «
✦ ────────  Facebook TwitterBountyTelegram  ──────── ✦
Fedots83
Full Member
***
Offline Offline

Activity: 462
Merit: 103



View Profile
December 05, 2018, 02:40:21 PM
 #147

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?

Bounty hunters never wait, so they sell all the tokens just after reaching the exchanges. Since they all got tokens for free, nobody cares about the price.
Dacosta Osei-Tutu
Member
**
Offline Offline

Activity: 560
Merit: 10


View Profile
December 05, 2018, 02:46:13 PM
 #148

The market is generally bad so it is really difficult to identify the coins that are really dying and those that are under the influence of the near market. But those coins with strong foundation and solid projects will still survive this bear market
nemesio
Member
**
Offline Offline

Activity: 253
Merit: 10


View Profile
December 05, 2018, 02:46:34 PM
 #149

Because of huge bonuses on presale and other early stages. I mean that most of teams have very bad plan for the market entrance and investors do not get it.
CryptoIyke
Copper Member
Jr. Member
*
Offline Offline

Activity: 308
Merit: 1


View Profile WWW
December 05, 2018, 03:20:31 PM
 #150

The general sinking market situation is a big threat to all the coins even the so called successful ones are being threatened and majority of them will never recover as investors have abandoned them. It may take another couple of years for market to grow past where it had been late last year

hell_slayer
Full Member
***
Offline Offline

Activity: 728
Merit: 139


View Profile WWW
December 05, 2018, 03:34:51 PM
 #151

It's true , nowadays many strong and successful projects are catastrophically lost in capitalization. The market is absolutely bearish and investors are trying to save their money by selling assets, but projects suffer from this and may lose the opportunity to develop, because they simply will not have money. I hope the situation will become better soon, otherwise many good projects may be closed due to lack of funding.
timmmers
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 265



View Profile
December 05, 2018, 03:37:22 PM
 #152

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?
There are also more big ICOs project that have real problems like SirinLabs, Envion ot TheKey.
I thought that I am holding a lot of promising projects, but looking at my portfolio now makes me really sad.

             ▄▄▄▄▄▄
         ▄▄███▀▀▀▀███▄▄
      ▄██▀▀          ▀▀██▄
     ██▀       ██       ▀██
    ██        ██          ██
   ██        ██   ██       ██
  ▐█▌       ██ ▄▄▄ ██      ▐█▌
  ██       ██  ███  ██      ██
  ▐█▌     ██         ██    ▐█▌
   ██    ██           ██   ██
    ██  ▀▀             ▀▀ ██
     ██▄                ▄██
      ▀██▄▄          ▄▄██▀
         ▀▀███▄▄▄▄███▀▀
             ▀▀▀▀▀▀
.Akoin













.ONE AFRICA. ONE KOIN..

█▀▀











█▄▄

▀▀█











▄▄█

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█  ██████    ▄▄▄▄▄▄▄▄ █
█  ██████    ▄▄▄▄▄▄▄▄ █
█  ██████    ▄▄▄▄▄▄▄▄ █
█            ▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█                     █
█ ▄▄▄▄▄▄              █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█













.TELEGRAM
bittick
Hero Member
*****
Offline Offline

Activity: 2296
Merit: 506


Cryptocasino.com


View Profile
December 05, 2018, 03:39:10 PM
 #153

Because of huge bonuses on presale and other early stages. I mean that most of teams have very bad plan for the market entrance and investors do not get it.
Kinda true, they just know selling their coin at low price in the early stage without thinking about the consequences waiting in the future.
The dumping after ICO phase finished is very common and only really few could survive this phase and regain its price back.

MikeyVeez
Full Member
***
Offline Offline

Activity: 896
Merit: 102



View Profile
December 05, 2018, 03:40:17 PM
 #154

One reason I could think of is that, It's a scam  Cheesy 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.
I strongly do not agree with you. Also Ethereum and Bitcoin price dropped a lot this year, could we say that these coins are scam? Probably not. When Amazon stocks crashed, it was a scam? Probably not.
Price drop doesnt mean scam. Dead project, without progress, updates could be considered as a scam.

OIKOS.CASH      Decentralized finance on Tron   ▬▬▬▬▬▬▬▬▬▬▬▬▬   Collateral-backed stable-coins
         github  telegram    twitter    discord           synthetic asset trading and trustless token exchange on TRON
onirecon2018
Jr. Member
*
Offline Offline

Activity: 168
Merit: 2


View Profile
December 05, 2018, 05:22:55 PM
 #155

Many ICO projects have been successful, but prices have fallen sharply after the ICO can name some projects such as GoNetwork, Shivom, etc. Not all successful projects are profitable, I think. Those projects have a lower capitalization and the quality is better here I'm paying attention to the IPSX project.
HertzCoin
Full Member
***
Offline Offline

Activity: 239
Merit: 100



View Profile
December 05, 2018, 09:40:54 PM
 #156

Fall, because no one is insured. Many projects do not stand the fall of the top coins.
Bitcoin pulls everyone along. It is much better to wait and make a profit.
Drawdown is temporary. The team is also interested in the growth of the coin and the investors were satisfied.
heritage35
Member
**
Offline Offline

Activity: 462
Merit: 13


View Profile
December 05, 2018, 11:09:13 PM
 #157

I participated in hdac bounty and until now, my coins are still in my wallet. I have just little above 100 units, you should know what the price is. I decided to keep the coins there, because selling now does not amount to anything worthwhile. There are so many projects like that.
Absolutep
Jr. Member
*
Offline Offline

Activity: 434
Merit: 2


View Profile
December 05, 2018, 11:16:50 PM
 #158

The current situation of the market is a major reason why the prices of good coins are going down more and more on daily basis.
mightwalker
Jr. Member
*
Offline Offline

Activity: 266
Merit: 7


View Profile WWW
December 05, 2018, 11:37:43 PM
 #159

One of the most important elements is the project needs to have a very big community who willing to support the project.

imusify.com ❰        Award winning blockchain music platform        ❱ imusify.com
efxtrader
Full Member
***
Offline Offline

Activity: 924
Merit: 100


GoMeat - Digitalizing Meat Stores - ICO


View Profile
December 06, 2018, 12:18:08 AM
 #160

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?

I think its because bearish market. Most token and coin right now drop the price and i think its followed by successfull ICOs. Most crypto investor right now suffering loss and their portfolio decrease

Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!