MikeyVeez
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July 12, 2019, 09:52:15 PM |
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Noone is interested in buying, nothing has been done yet, there is no reason to buy, only for sell and therefore the price is slowly falling to zero.
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Nasonn
Jr. Member
Offline
Activity: 616
Merit: 1
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July 12, 2019, 10:21:09 PM |
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Because the project failed to create a good hype about the project that will have traders waiting for the token to list so it lists and there's no market demand for the token causing it to dump.
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Eildosa
Member
Offline
Activity: 572
Merit: 10
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July 12, 2019, 11:36:00 PM |
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Unfortunately, it is almost impossible to solve this problem. There will always be people who will sell their coins at once. The only way out of this situation is if the project team will buy back their coins from bounty hunters.
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Ridwan Fauzi
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July 12, 2019, 11:38:06 PM |
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Seems like all new altcoin who has been listed on an exchange the price will get pump and dump scheme. If you see on the coinmarketcap and find recently added (which is mean a coin/token) who added on coinmarketcap then you can look it on several times and you will see the altcoin will be there on top gainer and soon the altcoin will be on tol looser.
In a few times I often to see it and got weird because the new altcoin always popping up but there is an investor who bought it. Whilst the bitcoin market has gave a promising view and deserve to be choose as first investment even you will be rich if you choose one investment only i.e bitcoin. But yeah the high risk will come if the investor doesn't have a high patience and lack knowledge to the future of cryptocurrency.
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sandra_x
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July 12, 2019, 11:47:19 PM |
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The major fix is promoting projects that have better potential for profits or growth. Here is an analogy to consider: Imagine you participated in a particular project bounty and it ends up being listed on a huge exchange (binance as an example) most persons will not be in a rush to sell off as there is a good potential for growth. You also need to consider the bounty tokens in relation to the total tokens sold, if the ratio is significant, activities of bounty hunters are like to affect the coin.
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CryptoTech_
Full Member
Offline
Activity: 994
Merit: 106
Official Street Team member
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July 13, 2019, 01:54:14 AM |
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Each project must have a strong community first before entering the exchange, because usually prices drop due to a lack of trust in the project, so many token holders who prefer to sell it even at a low price
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pageraji
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July 13, 2019, 02:44:37 AM |
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Noone is interested in buying, nothing has been done yet, there is no reason to buy, only for sell and therefore the price is slowly falling to zero.
Its all depend on ecosystem for project, if this is useless coin than whats you says is right, get worse by bounty hunter..
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fortunecrypto
Legendary
Offline
Activity: 2562
Merit: 1048
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July 13, 2019, 03:09:16 AM |
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HELLO GUYS
First i will like to know the input of others because this could be the first step we take to solve the problems affecting the price of coins, for bounty hunters. Personally it has affected me when budgeting because participating in a bounty i first worry about getting paid for my work, then i worry about the project being a success, then i also have to worry about the price of the coin rising or falling then i worry about the percentage rise or fall. But basically both parties are to be blamed; most bounty hunter think about making profit before the success of the project itself so bounty hunters sell their coin at any price available which is the major cause of dumping. further more project are sometimes listed in corrupt exchange which simulate the price of coin to favor them and maximize their profit. what do you think? and how can we fix this problems ?
There is no problem even if the bounty hunters sell their coins, if the project has a buyback mechanism and the project has potential in the market for a long haul, tokens that continue to drop their price are fly by night project and will not likely to stay on, if the project is good they have the confidence to bounce back.
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Canoppo99
Member
Offline
Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
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July 13, 2019, 04:15:40 AM |
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Bounty hunters spends months to advertise a project so they want to immediately sell cryptocurrency that they get so their hard work get the results that are worth it. Actually this problem will be solved by buy back system, so the price will not fall too deep. Other method is by offer coin holder a passive income if they hold the coin for certain period.
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xiboothrezi
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July 13, 2019, 04:20:33 AM |
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This is a very complex problem. To support the success of selling a token, a good strategy and collaboration are needed. If the project is really serious in developing the product, it will continue to provide support as long as the coin is listed. One effective method is to include coins or tokens in several exchanges so that I think there will be an offer. The role of investors and developers is also very important, strengthen the wall so that prices are not a dump.
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tabas
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July 13, 2019, 04:47:10 AM |
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You want to fix people dumping their altcoins? there's no solution to that unless that altcoin becomes a great store of value just like bitcoin.
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TheICE007
Full Member
Offline
Activity: 646
Merit: 100
tozex.io
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July 13, 2019, 05:43:24 AM |
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I get amazed when I see people say bounty hunters are the major cause of dump, how would you even think of that when most times, bounty allocation is as small as insignificant when compared to their total supply, have you guys thought about privates investor who get as much token for very cheap price? Have you also thought about the exchange where it is listed, is there volume there?
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Adelek15 (OP)
Jr. Member
Offline
Activity: 109
Merit: 1
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July 13, 2019, 04:46:54 PM |
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I get amazed when I see people say bounty hunters are the major cause of dump, how would you even think of that when most times, bounty allocation is as small as insignificant when compared to their total supply, have you guys thought about privates investor who get as much token for very cheap price? Have you also thought about the exchange where it is listed, is there volume there?
it’s just my opinion
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silverleafy
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July 13, 2019, 04:50:03 PM |
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There are 2 factors: 1. bad and not reputable exchange like Latoken, Exmarket or P2PB2B. 2. no news from project´s development
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Adelek15 (OP)
Jr. Member
Offline
Activity: 109
Merit: 1
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July 13, 2019, 04:51:46 PM |
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Because the project failed to create a good hype about the project that will have traders waiting for the token to list so it lists and there's no market demand for the token causing it to dump.
the truth is people don’t buy what they don’t need, let’s say Uber comes up with a token for their service are you saying with low publicity it would sell? My point here is you need little publicity for quality coin
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kevinzxz
Full Member
Offline
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
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July 13, 2019, 05:06:56 PM |
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HELLO GUYS
First i will like to know the input of others because this could be the first step we take to solve the problems affecting the price of coins, for bounty hunters. Personally it has affected me when budgeting because participating in a bounty i first worry about getting paid for my work, then i worry about the project being a success, then i also have to worry about the price of the coin rising or falling then i worry about the percentage rise or fall. But basically both parties are to be blamed; most bounty hunter think about making profit before the success of the project itself so bounty hunters sell their coin at any price available which is the major cause of dumping. further more project are sometimes listed in corrupt exchange which simulate the price of coin to favor them and maximize their profit. what do you think? and how can we fix this problems ?
there are some things that make the price of coin will go down when listed in an exchanged, that is : 1. investors begin to not trust the project, because the team does not provide information about the progress of the project 2. the bonus obtained by investors during private sales and pre-sales is very big 3. the supply given to bounty hunters is very big, so it can affect for the price in market (exchange) and how to fix it by making the project more developed (has progress), so that investors will trust to invest in the project and of course it will make the price of coin from the project will increase very high.
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Adelek15 (OP)
Jr. Member
Offline
Activity: 109
Merit: 1
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July 14, 2019, 12:20:14 PM |
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There are 2 factors: 1. bad and not reputable exchange like Latoken, Exmarket or P2PB2B. 2. no news from project´s development
about the exchange you are right about that, I recently participated in a a very promising bounty (migrant) then they listed on an exchange (idax) after listing the price dropped X100 less the original price, after proper investigating it was realized that the exchange is a scam exchange evening the project didn’t get the due funds after ICO, in a situation like that the exchange is the major cause.
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arjuna BTC
Sr. Member
Offline
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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July 14, 2019, 01:47:04 PM |
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There are several reasons for that and the most common are bounty participants, because they know that within the first half a year price will likely go down, so they are dumping at the beginning to earn at least something.
not only bounty participants my friend but early investors too, because a lot of project give a huge bonus to their early investors, especially for private sale investors for now, a lot of bounty tokens locked in some period time, but a lot of project still down in price after listed on exchange buddy
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ariyzt
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July 14, 2019, 01:50:45 PM |
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For some case i found that team or developer selling their coin when listed on an exchange. I had some experience with that. Join some ico and the price drop after hit the market , then we (investor) knew that team and developer sold their token there. quite ironic if the team did that while the community try to stabillizing the prize
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pawanjain
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July 14, 2019, 01:54:55 PM |
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I can think of only 2 main reasons why the price can go down when the coin/token is listed on an exchange.
1. Investors selling their tokens/coins 2. Bounty hunters selling their tokens/coins
Both of the listed reasons show us that there are people selling their assets which is why the price goes down as soon as it is listed on an exchange.
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