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Author Topic: Good ICOs should be protected from dump  (Read 23318 times)
Isiaka208
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February 06, 2019, 12:04:48 PM
 #281

Good stuff you have written above but mind you, people want easy profit in this space, and that is somehow unavoidable. Same way you can't stop people from selling if there's a FUD is the same way you can't stop people from dumping their tokens after listing.

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Mr.Spreadthehamster
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February 21, 2019, 02:28:28 PM
 #282

Of course, all these methods are good, with the exception of KYC. Fraudsters often reuse the personal data of participants in further schemes of their personal gain. With proper and well-coordinated work of the management team with ICO members, it is quite possible to do without KYC. Personally convinced.

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February 21, 2019, 02:37:49 PM
 #283

Of course, all these methods are good, with the exception of KYC. Fraudsters often reuse the personal data of participants in further schemes of their personal gain. With proper and well-coordinated work of the management team with ICO members, it is quite possible to do without KYC. Personally convinced.

You have to look deeper to send KYC to project projects that don't have responsibility later. A lot of bad things happened to some people in the projects they had followed.
Bonwin
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February 21, 2019, 02:39:06 PM
 #284

Mist times, there is little to what investors can do to prevent the tokens they bought from dumping. There are some instances, where private investors, project team or advisors might be ones dumping tokens on exchange. There are also cases where those who were partnered with, most especially those of them given tokens, might go ahead to dump at any price, because they have it in huge quantity.
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February 21, 2019, 04:41:41 PM
 #285

This can be done in two simple steps. First of all hunters should be paid with stable crypto currencies like ETH or BTC, or even USDT. Secondly team members should be able to create enough hype around the project after TGE.
Hermes Mercury
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February 21, 2019, 04:53:18 PM
 #286

The ICOs could already at least come up with some things in progress and that would be soliciting money from people just to give continuity or expansion of some product. Do you really think there would be participants in these bounties campaign? ICOs need to be more responsible for the amounts of money they collect and do nothing.
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February 21, 2019, 05:24:55 PM
 #287

This is actually what all the teams in the project must learn. How to keep the price of coins stable after listing in the market. Because, most projects after the direct listing are dumps. We do not blame the bounty hunter, the investor or the team from the project. We should be together to prevent a dump.
belli4388
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February 21, 2019, 05:25:37 PM
 #288

yes, the ico that really have some value should take some small tricks to avoid token dumps after the end of the ico, such as listing only on prestigious exchanges and freezing the bounty token for at least 6 months

space available pm me if interested
r32godzilla
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February 21, 2019, 05:28:43 PM
 #289

After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
It is interesting that you see that the main problem with dumps is caused by bounty hunters. It was said many times that the bounty pool is about 2% of all tokens in average and simply that can´t cause such big dump, like many people think.

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cambda
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February 21, 2019, 05:30:27 PM
 #290

It is best to give the market a chance to choose the end result for a token and coin that gets recorded on a trade. As of late however, great ICOs need not bother with a technique to abstain from being dumped. Since the tokens are in intense interest and there are more purchasers that merchants hanging tight for it to hit trades. I can not state the equivalent for normal low intrigue ICO.
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February 21, 2019, 06:14:48 PM
 #291

It is best to give the market a chance to choose the end result for a token and coin that gets recorded on a trade. As of late however, great ICOs need not bother with a technique to abstain from being dumped. Since the tokens are in intense interest and there are more purchasers that merchants hanging tight for it to hit trades. I can not state the equivalent for normal low intrigue ICO.
Concerning the company ico and their demand on the market, there are a lot of questions, but I am interested in one more thing, which concerns the prices of many Coins, which have fallen after the sale of the token almost an average of 300%. Has the price indicators for these coins returned to the level of at least the company's ico price or not? So far no one can give an unequivocal answer to this question.
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February 21, 2019, 06:24:16 PM
 #292

not really, good ICOs are ICOs who actually run their projects like the roadmap they design, and who develop the products they make to make people use them. thus the ICO will be really far from a dump. but dumps are also unavoidable. well, that is in my opinion.
joseyphil82
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February 21, 2019, 06:34:58 PM
 #293

I still don't believe that dumping can destroy the life of a good project ,it a project is good enough devs need not to be worried or in fear of dumpers ,after dumping race is finished the token will find its way back and believe me KYC still can't stop dumpers ,it will only limit cheaters

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February 21, 2019, 07:59:30 PM
 #294

I still don't believe that dumping can destroy the life of a good project ,it a project is good enough devs need not to be worried or in fear of dumpers ,after dumping race is finished the token will find its way back and believe me KYC still can't stop dumpers ,it will only limit cheaters
You have to think not only about the fate of certain projects, but also about the fate of the entire cryptocurrency market. Because after the completion of the sale of tokens, developers very often withdraw cryptocurrency in dollars. Thus, provoking a massive sale of cryptocurrencies, which negatively affects the entire cryptocurrency market. Agree that lately this is what happened.
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February 21, 2019, 08:33:47 PM
 #295

I still don't believe that dumping can destroy the life of a good project ,it a project is good enough devs need not to be worried or in fear of dumpers ,after dumping race is finished the token will find its way back and believe me KYC still can't stop dumpers ,it will only limit cheaters
You have to think not only about the fate of certain projects, but also about the fate of the entire cryptocurrency market. Because after the completion of the sale of tokens, developers very often withdraw cryptocurrency in dollars. Thus, provoking a massive sale of cryptocurrencies, which negatively affects the entire cryptocurrency market. Agree that lately this is what happened.
On the bitcointalk forum, I have repeatedly met information that Bitcoin dump and ethereum are provoked by the company's ico. Of course, you can blame them for this, but first of all the manipulators are to blame for the poor state of the cryptocurrency market.
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February 22, 2019, 06:41:01 PM
 #296

Seems you care more about the money than the ideals of cryptocurrency. Imposing kyc will only reduce the number of bounty hunters.
People will still dump no matter twhere a coin is listed.
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February 22, 2019, 06:48:56 PM
 #297

Hi Denreal!

This is a great topic you have started. Another thing you could do to prevent ICO's from dumpening upon getting on the first exchange is to avoid doing any kind of air-drops. Those are just coins given out to people who do not care much about the project and are going to dump them immediately for the dollar. I am taking part of an ICO and we are going to make sure that there is as little initiative to dump coins as possible.
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February 22, 2019, 07:26:05 PM
 #298

That's really good ideas. coin dumping serious matter that ICOs facing. Mainly that happens from the bounty hunters side. In that case, Etherdelta and Forkdelta are like the enemies of the projects. Anyway, the KYC process is a good thing to avoid multi-accounting. But there are the risk personal information can be exposed to dangerous people. and Some countries use their ID documents in their native languages. So, there will be a problem when they going to pass the KYC process. the IP recording is a good solution than the KYC process. Undecided Undecided

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March 07, 2019, 09:44:29 AM
 #299

Good ICOs do not need any protective mechanisms. If the product is in demand, and the team is professional enough and honest in their intentions, then all the difficulties are only a matter of time. Many unnecessary and useless on the market.
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March 07, 2019, 10:02:03 AM
 #300

That is not enough, you have to make a good progress before exchange listing and also it would be great if you  pump your coin by money collected in a token sale. I guarantee that you will prevent the dump if you follow my instructions.

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.ONE AFRICA. ONE KOIN..

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