bitcoinst
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September 19, 2019, 08:11:24 PM |
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In my opinion, the reason is not only in the projects themselves. The whole market fell by 90% of its peak price, this applies to all altcoins, even the strongest. What then to talk about projects that are significantly weaker. It is strange that they sometimes do not fall by more than 90%, it seems to me that they should go to very bottom.
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Mianae
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Activity: 798
Merit: 14
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September 19, 2019, 08:23:17 PM |
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To be honest you could see more worst scenarios than just. 90% decline you can see upto 99.9% decline. What I do in this case is forget the tokens in my wallet ensuring the wallet itself is secure someday it will rise up given there's project development on the way for such tokens.
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103deltafox
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September 19, 2019, 08:32:05 PM |
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Generally, the prices of altcoins are down, this is also as a result of bitcoin dominance which has also affected the prices of most tokens or coins despite meeting softcap , the team of such projects should keep being active.
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PuertoLibre
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Activity: 1890
Merit: 1003
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September 19, 2019, 08:47:24 PM Last edit: September 21, 2019, 02:55:10 AM by PuertoLibre |
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Generally, the prices of altcoins are down, this is also as a result of bitcoin dominance which has also affected the prices of most tokens or coins despite meeting softcap , the team of such projects should keep being active.
The market is in the uptrend mode now and the chance of living in the altcoin season increases every single day. The affected altcoins will be on the top prices for a week and we will see a new correction due to the general market statement. These projects should keep their bounties minimum and the marketing budget must be fairly distributed among the bounty hunters if the market goes back in the bear session. Aside from the bounty dumpers, the advisors of the projects can be the hidden reason why every pump trade impulse is defended by the dump orders by sudden direct market orders. This is just my own judgment and knowing the exact reason is near the impracticable over the continued duration.
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flemmings02
Jr. Member
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Activity: 182
Merit: 2
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September 19, 2019, 09:21:16 PM |
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Recently I received some bounty tokens too, the project more than needed funds to meet the softcap and the token was doing okay on the exchange before the distribution of bounty tokens. Few hours before I got the tokens the price dropped to below 200% and it has gotten worse since then.
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retnoanjani
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September 19, 2019, 10:06:25 PM |
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Recently I received some bounty tokens too, the project more than needed funds to meet the softcap and the token was doing okay on the exchange before the distribution of bounty tokens. Few hours before I got the tokens the price dropped to below 200% and it has gotten worse since then.
Very sad, but that's how it is. Prices are greatly influenced by market interest and that is what determines. If there is no good marketing strategy, less attractive tokens, no backup, then the price is difficult to develop so that it becomes worthless. There is not much we can do. if you believe the price can bounce with the support of a strong project then be patient, if not then sell immediately before losing its value.
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mickey_miner
Sr. Member
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Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
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September 19, 2019, 10:27:43 PM |
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I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.
And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?
Do not invest in ICO, they have long ceased to bring income to investors, you will only lose money. Better to participate in the bounty.
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Aryleeto
Jr. Member
Offline
Activity: 406
Merit: 1
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September 19, 2019, 10:34:35 PM |
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The issue is that many of the upcoming ICOs keep on repeating the mistakes of the predecessors and that's why we're where we are now. same talks, same brags, same cheat, same lack of project development etc etc. Buh I believe as times goes on, we'll be settling on the better ones to clinge to.
Now the biggest mistake is to do ico, very few of the projects something collects and develops further, I think it is now more popular to do more ieo, here funds can be collected and then recently the decline in ieo
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EASY FEEDBACK, WORKING SINCE 2015 (https://www.easyfeedbacktoken.io/en)
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Lanatsa
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September 19, 2019, 10:44:46 PM |
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I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.
And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?
Do not invest in ICO, they have long ceased to bring income to investors, you will only lose money. Better to participate in the bounty. Being and investor and being a bounty hunter is totally different yet we know that investors do have the money to spend on and able to participate on any investment firms we do know.ICO is no longer profitable and gone to the days where this kind of sale do give out thousand of multiplier on our investment yet we aren't even barely see some bull runs or even a single sign of price recovery.IEO is the new hype at the moment but somehow this doesn't also guaranteed profits for its investors if it does then expect just having that maximum of x2 or x5 depending on the potential of the project.I had even see that do even negative when it gets being traded to the exchange on where the sale happen.
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Skroojee
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Activity: 434
Merit: 10
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September 19, 2019, 10:55:37 PM |
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Some projects in which I myself invested and participated in their bounty company, I consider successful. But most bounty projects are meaningless. I have not participated in bounty companies for a long time and decided to go now only because of the Minter project.
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thisnewcoin
Full Member
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Activity: 406
Merit: 104
Convert Crypto at BestChange
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September 20, 2019, 01:24:27 AM |
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I feel bad and think it was a great mistake. I learned from mistakes before, I am still learning a lot of things. But don't think too much what you lose, gain your energy and try hard to earn what you haven't before.
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bitkanu
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September 20, 2019, 02:53:20 AM |
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I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.
And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?
For new coin there has huge room to grow up fresh coin. ICO still profitable just check bcnex fund rise. Now IEO has control over the cryptocurrency market, to invest IEO is much good than ICO. How big the room to grow depends on how much money that will have collected by such ICO or IEO. You can see or try to create such a comparison between IEO or ICO that is putting low hardcap and big hardcap. Remember this big hardcap means more people owned the token and that will give the more chance for the market to get a big dump rather than a market that was putting small hardcap because not so many people owned the tokens.
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fosco333
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September 20, 2019, 07:39:30 AM |
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It is not surprising if the token goes down 90% from the normal price, i guess it is because it listed on bad exchange. If they listed on good exchange, the volume and order books wouldn't go to zero and the value of the token would stay normal, not dumped -90%
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magnum cyber
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Activity: 775
Merit: 11
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September 20, 2019, 08:03:22 AM |
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It is not surprising if the token goes down 90% from the normal price, i guess it is because it listed on bad exchange. If they listed on good exchange, the volume and order books wouldn't go to zero and the value of the token would stay normal, not dumped -90%
what you say is true, a small exchange is one reason why new tokens or altcoins fall 90% of the initial price. I often observe such projects and eventually they are left behind by their users, after all, no one will want to trade with worthless coins or exchange does not have a good trading volume.
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mirgo1791
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September 20, 2019, 08:48:10 AM |
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to gains of interest on returns with decision as expending use of funds on plan with the projects of ico scheme as investors begins on work with the development and collects of difference as the decision to request of withdrawal with funds on wallet of the investors account.
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💌💌💌💌💌 DO NEAR - GAMES ARE LOVE 💌💌💌💌💌
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torpedo
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Merit: 101
AI Growth Hacking, Crowd Shilling, and Guerrilla M
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September 20, 2019, 12:43:11 PM |
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If the team wants the project to be successful, they will update their project, do good promotion and maintain their toke. Eventually people will see it as a potentially useful token and invest in it. But if the team is sleeping and inactive, no investor will be interested, and the coin will lose its value and inevitably die off.
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AI Growth Hacking, Crowd Shilling, and Guerrilla Marketing
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coin-investor (OP)
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September 20, 2019, 01:05:13 PM |
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If the team wants the project to be successful, they will update their project, do good promotion and maintain their toke. Eventually people will see it as a potentially useful token and invest in it. But if the team is sleeping and inactive, no investor will be interested, and the coin will lose its value and inevitably die off.
So many coins are like that, their best alibi is the market is not in a good condition and there's nothing they can do but wait for the market to get better before they make an update, One example is Bitmillex after distributing the bounty campaign they disable commenting in their telegram channel, because investors and bounty hunters are asking for updates. Bitmillex developers like Malcolm is the reason why ICO is dying crowdfunding in Cryptocurrency
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numanoid
Legendary
Offline
Activity: 1890
Merit: 1148
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September 20, 2019, 01:11:40 PM |
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It is not surprising if the token goes down 90% from the normal price, i guess it is because it listed on bad exchange. If they listed on good exchange, the volume and order books wouldn't go to zero and the value of the token would stay normal, not dumped -90%
It's not only because of that. Dent token, which listed on binance even dropped more than 90% from their ATH right now. Few months ago it was worth same with their ICO price at 25 sats, but now it's only trading only at 5 sats
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baigreen
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September 20, 2019, 01:15:37 PM |
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I don’t mean that investing in ICOs remains profitable. Even with IEO, market problems remain. Most of the projects continue to lose in value. Even those projects that have a real product.
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armarsterling7
Member
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Activity: 420
Merit: 10
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September 20, 2019, 02:19:49 PM |
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I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.
And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?
I did a lot of bounty campaigns and also made some profit from it. The fact that if you join potential projects and appreciate, your profits will be more when they are listed on the exchange. So please research carefully before deciding to join any project. Otherwise you will lose a lot of time without getting anything back
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