bitcoinUF
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July 13, 2019, 04:19:17 PM |
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Depending of the volume of the coin is a good or a bad idea, plus could let to some people to sell off before the team buys, drop the price and then buy again. Also if the volume in general is low the team could end up controlling a really high % of the circulating supply. Maybe investing in market making and having some sort of burn mechanism would be a better idea if what you want is a non-inflationary supply.
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AltcoinsBattle
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July 13, 2019, 04:32:26 PM |
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Buy back is good but it does not necessarily solve dumping. It will only help stabilize the token price for a while but in a situation where all holders are planning on dumping their coin, do you really think the devs will be capable of buying all back?
It has already been said that no, they can not. And in the future it will not help to save the price of the token. I agree with the opinion that the money raised should be used for the development of the project. In strategic terms, this will help the project asset much more than a buyback. Just investors will have to be more patient.
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jacafbiz
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July 13, 2019, 04:53:31 PM |
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No, this is a price manipulation. Just look at Link partnership with Google, if you see the price movement, you manipulation will notice there is inside trade. Team will just be selling at the top and buying at the bottom, another thing is where is he team going to get money for buying sine most of them are not making money yet.
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Torps1
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Kuvacash.com
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July 13, 2019, 05:19:37 PM |
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Some people think that buyback is useless but I don't believe so...to an extent. Buyback will help stabilize price especially when executed during initial listing. Dumpers who need to dump and move on with other project(s), alongside those who need immediate profit are found of dumping Even far below ICO price.
Buy is good, founders should have plans for it.
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Kvalentine
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July 13, 2019, 06:06:42 PM |
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Every tokens or coins with real life asset or use case need no buyback at all,I believe they are capable of withstanding any dump issue ,no matter how many dumpers dump the token it will rise in value just because it has real use case
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Lauren Smith
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July 13, 2019, 06:18:06 PM |
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Some people think that buyback is useless but I don't believe so...to an extent. Buyback will help stabilize price especially when executed during initial listing. Dumpers who need to dump and move on with other project(s), alongside those who need immediate profit are found of dumping Even far below ICO price.
Buy is good, founders should have plans for it.
I can't understand why it could be a bad thing. It would stop the price dropping so much. Though then people cannot take advantage of a massive price drop. If you told ahead of time then it is fine. I am unsure how they would sustain this strategy but if they find a way to then that would be great.
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Ucy
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July 13, 2019, 06:23:51 PM |
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You sure you are not in anyway affiliated with this projects? It looks like you are promoting them.
Anyway, token buyback could be good thing as long as it not done too much. Bounty hunters need the buyback the most...not sure it is good idea to buyback from investors/whales though. Hunters deserve their wages. One of the worst things that can happen to anyone is not getting paid after finding a job and working really hard
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zenhu
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July 13, 2019, 06:26:35 PM |
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Buyback token is temporary method to solve dumping solve, it just for a week then it get dump again. The solution for dumping are: - what the holder can get from owning that token - team must "force' the people to buy and hold their token by looking the project Just need to improve the quality from the project that make people want to invest on it.
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ridhobagus2308
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July 13, 2019, 08:22:59 PM Last edit: July 13, 2019, 08:42:56 PM by ridhobagus2308 |
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Yea that could be the solve. But the thing is, is it healty for the volume? How much and how long they can buy coin from the dumper? Thats why you need quality product, i think for me the quality product is everything.
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Ibizugbe1
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July 13, 2019, 08:50:31 PM |
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I can't say if Miracle Tele team has finally now reply hunters who want to sell their tokens. I just wish they could keep their tokens and wait for official listing. Buying back of token can save a lot and restore investors confidence rather than just allowing things to go bad.
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nanaimogold
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July 13, 2019, 10:44:21 PM |
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Buy back and Burn which usually go hand in hand is a strategy employed by some project developers to maintain coin stability or asset stability of their projects. It is practiced often by Binance and will be employed by Bitfinex for Leo
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Shallow
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SmartFi - EARN, LEND & TRADE
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July 13, 2019, 11:27:57 PM |
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I agree with you. Buy back has helped many projects curtail dumping, because once investors or community members hear that there will be a buy back, a good percentage will hold thereby leading to increase in the price of the token. Also, there are projects that can use it as a strategy to dump on their investors, thereby in all dealings let's be careful of every project and be sure the team can achieve what they stated.
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motun01
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July 13, 2019, 11:45:42 PM |
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purchasing of tokens and after that selling it again once the entire project as of now in the good position after updates and advancement has been done is an awesome procedure for projects to pursue. People will consider those current projects that have genuine use. on the off chance that the project do have genuine potential and it is all around Supported after and afterward the price will become higher
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Litzki1990
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July 14, 2019, 12:15:15 AM |
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Buy back token is really solves dumping prices to reduce the supply and the demand is high and the price will also high, it is not hard to buy back token if the project have getting big funds they can really save the token to be worst of value.
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carrigan
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July 14, 2019, 02:35:04 PM |
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Buy back tokens for investors and bounty hunters might be an alternative. But usually, not many developer teams want to do that, especially for those who don't have real products. The rest, maybe they will also buy at a lower price, maybe 50% of the actual price. In this case, investors may not be too interested. But for bounty hunters, it can be good news.
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upyem2k
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July 14, 2019, 02:36:28 PM |
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Of course buying back from the dumpers is a great idea and mechanism used in saving a cryptocurrency project from crashing in price. What just happen is that some project already kicked themselves in the ass by placing too much or high bonuses to their ICO investors which make their tokens already extremely cheaper than its face value. When this is the case, the team might have a whole lots of buybacks to do to revive their prices from forever crashing.
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ishirut009
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July 14, 2019, 02:49:42 PM |
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The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?
i have a question, if they use the money that they have collected in able to purchase back the tokens from dumpers. It will just cost a lot for the company. But i believe this can work out, we only need the right percentage in able for the token to avoid being dumped and not costing a lot for the companies collected funds as well.
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airdropan
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July 14, 2019, 05:00:02 PM |
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i heard many times about buy back program from some coin but the fact they didn't do anything with the coin. some of coin that i follow promised about buyback , but at the end that just fake news , they make fake news so investor would interest to buy more coin.
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sorrros
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ludenaprotocol.io
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July 16, 2019, 02:12:36 PM |
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I do not see why it makes sense to do. For example Miracle Tele is now buying back tokens and in the same time they are selling tokens to investors for same price. I thought that ICOs need to collect money for product development and not for sales mediation .
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wywoc
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July 16, 2019, 03:34:27 PM |
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The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?
Any project with buyback program will guarantee the value for the token. However, I think the most important thing is the use cases of the token, if there is a high need for a token, its price will be guaranteed, no need the buyback program.
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