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Author Topic: Damages dumping creates  (Read 16459 times)
maydna
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March 14, 2019, 08:47:59 AM
 #41

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

I don't think the exchanges want to make a deal with the dev since they don't know who the traders that dump the token are. Even if they know, they don't want to agree like that because it's related to their profit too unless the dev can give the other offers which will give the exchange a profit.

It is hard to prevent the dump of the token price because once the token has entered to the exchange, it is out from the dev and the dev should follow what is going on in the market. And if the dev cannot follow the price, then they need to watch for their token, but I am sure that if the token is really worth, the token will not get dump too deep and it will back to the price before.

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March 14, 2019, 08:55:01 AM
 #42

If the project is strong, dumping of it's price wouldn't kill it

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March 14, 2019, 09:07:33 AM
 #43

It's market and people will always exit at a given point in time. When an investor needs his investment funds back he sells the tokens to recover his money the cycle continues. Some projects mint tokens more than is necessary all claiming the world population is much what happens when they adopt crypto not remembering they may as well not adopt it.
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March 14, 2019, 09:13:56 AM
 #44

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

Free market. Everyone can do anything they want with their tokens even below ICO price so we can't do anything about it. What kind of deals are you saying? I don't think that exchanges will allow that, why? because that's one way to make money for them, it's business so why would they allow some collaboration with the exchanges? And even if project holds the coins, it's just a matter of time they really need to pay bounty hunters and investors so the dumping can't be really stop after that.

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March 14, 2019, 09:16:09 AM
 #45

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
What you're saying goes against everything crypto stands for..  by doing that the market is no long3r a free market..
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March 14, 2019, 09:28:50 AM
 #46

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

I think you are right that developers should find ways to minimize the action of dumpers. But what we can control are those holders who want to sell their coins or tokens because it's their will and decisions to do so.

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March 14, 2019, 09:42:26 AM
 #47

your mistake is that you think "dumping" is the problem but you are missing the fact that the problem occurred before the dump during the "PUMP" but at that time you were happy because price of shitcoins were rising and you were seeing profit in the bags you were holding so you never complained about how fake it is, how damaging the manipulation and fake rises are.
then when the reality of the fakeness showed itself in form of the second step called DUMP you start complaining about it!!!

if you want to solve a problem and prevent the damage you have to go to the source and the beginning of the problem meaning when the pump is starting not after it is done.

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March 14, 2019, 09:42:37 AM
 #48

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

I don't think this it's possible if they implement this the coin will have no volume at all, it's better to have a low price and volumes than no volume at all if the project is good the price will pick up let the market dictate the price and have traders do their thing.

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March 14, 2019, 09:43:40 AM
 #49

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
What you're saying goes against everything crypto stands for..  by doing that the market is no long3r a free market..
Crypto market works with demand and supply. I think that makes sense, this is a free market and everyone can do whatever they want as long as they have paid the fees to run the service on the exchange site itself.

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March 14, 2019, 10:06:17 AM
 #50

Hhmm, I don't think this of action can be real, market or exchange cant disallow people to sell their own token. Its their token is up to them to sell it or not although this make price dump
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March 14, 2019, 10:14:36 AM
 #51

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

Projects can’t have any deal with exchanges to control price because even exchange platforms have several bots that would make you sell too low if you are new to trading

Dumping is actually a good thing for investors , because you get to buy back at a very low price, wait for A rumor and then you  sell the news at a higher price
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March 14, 2019, 10:23:12 AM
 #52

This is just how market works so I don't know why is there a blaming or pointing pointers.

Others says that bounty hunters are dumping, but we also need to understand that a lot of projects in 2018 have dump a lot of their own tokens because that's what they needed, funds to continue their project. So I don't think that we have to blame or if there are solutions to the current dilemma. And exchange will not cooperate other wise they will simply be charge with manipulation and it will hurt their reputation.
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March 14, 2019, 11:58:15 AM
 #53

How would the developers dictate the run of the market through exchanges? they will prohibit those specific addresses that will come in to them or halt those balances? If its for the bounty rewards, I've read that the developers are maintaining a strategy that they won't allow the bounty rewards to be dumped and they are delaying the distribution but once a token is listed to an exchange, they don't have fully control to it. They are just the developers but they can't control and manage the exchanges operation.

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March 14, 2019, 12:01:45 PM
 #54

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

My solution is this
1. Have a buy back plan (call it marketing money) or pay bounty hunters or airdrop participants in btc, eth, ppt, usdt or other stable currency. This is your marketing fee and when you dodge it by paying hunters with your native token, it surfers a dump
2. Don't give away ridiculous bonuses during sales
3. List in reputable exchanges with real trade volume and responsible market
Looks very positive approach regarding to this dumped issue, if the team have a good plan in order to facilitate the coin after being listed,
the team needs to continue working with their coins and not to allowed dumpers to overpower them in terms of working with coins valuations.
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March 14, 2019, 12:17:44 PM
 #55

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

Do you know that one of the reasons for massive dumping is not just because holders want to make good profit but also because some teams are betrayers, they give tokens to holders that decide to trust the platform but when this team sees such dedication which brings about some rise in the price of their token, they dump theirs and abandon their investors. what message are they then relating to the investors?

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March 14, 2019, 01:53:21 PM
 #56

Nah i don't think that's  even possible. And these dumps are developer calls so there's pretty much nothing we can do about it. I mean, if you received an airdrop, first thing you'd think about is to convert it or sell it. Especially if it's a fairly new coin. And for more established coins in the market, we can't prevent whales from dumping to manipulate simply because they have the capacity to do it.

 
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March 14, 2019, 02:09:34 PM
 #57

I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
It seems like some people intentionally doing it, they lure people to purchase some coins by pulling up the coins a little to show if the market is moving up, then when they got some profit then they dump them again, and do that over and over.
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March 14, 2019, 02:23:42 PM
 #58

ICOs should get their product ready and give their token a utility (which they claim in WPs), no utility is the cause of dumping.

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March 14, 2019, 03:40:17 PM
 #59

Yeah, I use to follow this awesome altcoin and there was this dude who obviously had a lot of it because when he sold all of his coins the price of that coin went down so hard that it literally killed the coin. That dude not only sold bunch of that coin and dropped the price but he also started a wave of people who started to sell so they are not holding a shitcoin in their hands and the more people sold the lower it got and the lower it got the more people sold.

It was seriously horrible what happened to that coin. Think about it the owners the founders the developers nobody did anything wrong at all, they were running that coin like machine and it looked great, from one day to another nothing bad ever happened to that coin that could cause it go down, one dude sold his coins and all fell down for them for no reason at all.

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March 14, 2019, 03:49:52 PM
 #60

Yeah, I think this is a problem that is difficult to eliminate because no one can set the price of a token on Exchange. Yeah, we also can't blame dumpers because it's their right to sell their tokens.
I think we can take advantage of this problem, Yeah, we can buy tokens from dumpers and can buy at low prices or below ICO prices.  Wink

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