Bitcoin Forum
June 14, 2024, 11:05:26 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 »  All
  Print  
Author Topic: New projects are responsible for the death of their tokens  (Read 859 times)
reality18
Member
**
Offline Offline

Activity: 938
Merit: 14

Earn more with Earn Network


View Profile
October 06, 2019, 03:24:24 AM
 #21

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

You are not mistaken.
That is the pure truth, it is true that there are many new projects that offer 50% discount, I think it has often happened before. And this is indeed wrong, I do not prohibit it. But this will really kill and will destroy their own tokens going forward.
This is true definition desperation by these new projects. And i will not be surprised that most of these desperate projects who offer these huge percentage discounts to lure investors end up been scam or unsuccessful because coins got sold out without attaining the funds required to develop the project.
Eugenar
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 278



View Profile
October 06, 2019, 03:43:21 AM
 #22

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

You are not mistaken.
That is the pure truth, it is true that there are many new projects that offer 50% discount, I think it has often happened before. And this is indeed wrong, I do not prohibit it. But this will really kill and will destroy their own tokens going forward.
This is true definition desperation by these new projects. And i will not be surprised that most of these desperate projects who offer these huge percentage discounts to lure investors end up been scam or unsuccessful because coins got sold out without attaining the funds required to develop the project.

It is very hard to trust altcoin projects nowadays. It is very hard to invest despite of these discounts they are providing because we know that the reliability of the project doesn't seem so pleasing. I'd rather invest on old project's cryptocurrency rather than to risk on new projects, I wonder if there's still profitable new altcoin project at this moment and if there is, the volume of investors will not be that good, what we need to do is to make the reputation of altcoin projects good again.
Alluro
Member
**
Offline Offline

Activity: 742
Merit: 19


View Profile
October 06, 2019, 03:56:40 AM
 #23

I think 50% is too much with any market condition. Because all the investors need profit. If they have a 50% bonus, they will sell them low prices immediately. Then you can see an huge dump from that coins when listed on exchanges. Then you have to learn about project analysis and token metrics before making an investment.
Tomcolor
Member
**
Offline Offline

Activity: 665
Merit: 10

SOL.BIOKRIPT.COM


View Profile
October 06, 2019, 02:19:20 PM
 #24

It will be depends on team development planning i think if their allowing 90% of purchase discount with higher amount for bounty hunter then this token will be death soon. So project die or still alive will be depends team activity and their developing working.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ B I O K R I P T ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬  Ultra-Fast Crypto Exchange on Solana Blockchain ▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬ BiokriptX Fair Launch is now live in PINKSALE ▬▬▬▬▬▬▬▬
Bitbtc8
Full Member
***
Offline Offline

Activity: 1148
Merit: 116



View Profile
October 06, 2019, 02:35:31 PM
 #25

Developers are the one to receive blames once a project ends up not seeing huge interest from investors, well id say every developers needs to sit tight and think well before they decide to release any crypto projects because investors of nowadays are different from the time when ICO was very popular

►           ►     enVoy            Sustainably Green Trust in Trade          ◄           ◄
►           ██  WHITEPAPER       ██  TWO PAGER       ██  TOKEN DECK           ◄
[vFacebook               [vTwitter               [vTelegram               [vMedium               [vLinkedin               [vReddit
jessyj48
Member
**
Offline Offline

Activity: 756
Merit: 14


View Profile
October 06, 2019, 03:29:34 PM
 #26

Bonuses and discounts are somewhat necessary for new projects to attract big investors, the first main worries of every developers is investors, enough investors that they will be able to raise better funds for the project's development but scammers are simply doing the same thing too, this has to stop, if scammers are stopped many investors will be relieved and thus invest in projects

Swaap | Nova Bank
----------------------------------------------
[ GET | ACCEPT | EXCHANGE | WALLETS ]
tabas
Hero Member
*****
Offline Offline

Activity: 3038
Merit: 747


Top Crypto Casino


View Profile
October 06, 2019, 04:57:16 PM
 #27

It's a project killer in your own perspective but they are desperately selling their tokens. Discount is one of their marketing strategies so that investors will buy out their remaining tokens.
If they won't do something like that, they will have zero sales which is also going to lead their projects into death.

Well, in the first place, the project itself determines the volume of the cryptocurrency or tokens that they will going to create. They will be responsible no matter what happens on the market price if it is dumped.
They can determine the volume if they are going to manipulate their own coin's market but this depends on the take of the people. If the demand is very low, the volume will also go down. And mostly, when the coin started to show weakness and it keeps on getting dumped, the devs are always on the go for the blame.
But I am pretty sure that each and every project is doing their best to research and study first the condition that they will going to enter when giving out discounts.
I highly doubt this. Many projects aren't serious with their proposal, they are just for the money.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
TrevorS
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 377



View Profile
October 06, 2019, 05:02:13 PM
 #28

50% is really not the worst option for everyone. An important factor is the phase at which such a discount is offered, because if this happens on a private sale, then a fairly small number of investors will receive the largest bonus, even if they buy most of the coins, it will be very good, because this part will be concentrated in a narrow circle of people, which means that the probability of coin dump immediately after listing will decrease.

                       ▄█████▄
                       ██   ██
  ▄▄▄                  ▀█▄▄▄█▀
▄█████▄                 ▀███▀
███████                   ▀
 ▀███▀
  ▀███                   ▄██
   ████                 ▄██▀
    ████              ▄███▀
     ████▄▄        ▄▄████
      ▀██████▄▄▄▄██████▀
        ▀▀██████████▀▀
            ▀▀▀▀▀▀
||..THE WORLDS FIRST...........
..SOCIAL UTILITY CRYPTO..
|████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████▀▀▀█████████
██████ ▀██████▀      ▄██████
██████▄   ▀▀▀        ███████
██████▄             ▄███████
███████▄           ▄████████
██████▀▀▀        ▄██████████
███████▄▄     ▄▄████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████▀    ▐█████████
████████████    ▄▄██████████
███████████▀    ▀▀██████████
██████████▌       ██████████
████████████    ████████████
████████████    ████████████
████████████    ████████████
████████████▄  ▄████████████
████████████████████████████
████████████████████████████
|█▀▀











█▄▄
▀▀█











▄▄█
o48o
Legendary
*
Offline Offline

Activity: 2898
Merit: 1137


Leading Crypto Sports Betting & Casino Platform


View Profile
October 06, 2019, 05:09:09 PM
 #29

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

Well 50% discount on presale is NEVER a good move imho, not even during the bull run; it's instant red flag on the price evaluation to me.
But it doesn't mean the killing of the project. It can just kill the price and the community interest. Development can still go on no matter the price. (And those projects i am actually looking for now)

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Nivia1st
Full Member
***
Offline Offline

Activity: 821
Merit: 100


Volare.network


View Profile
October 06, 2019, 07:19:20 PM
 #30

I think everyone who dumps should be responsible. the developer might be one of the causes because they are slow to develop. but it is not a mistake, the problem is why the price of tokens is destroyed is the number of people selling. try if they were a little patient, maybe none of that would have happened.

thisnewcoin
Full Member
***
Offline Offline

Activity: 406
Merit: 104


Convert Crypto at BestChange


View Profile
October 06, 2019, 07:46:35 PM
 #31

This is a very bad move from a new crypto project, and no one project can hold their sale price on exchanges. Recently Stabledex attracted me, I thought they are good enough project but when they start giving a 50% bonus, I opted out and now Stabledex another shit project to me! I don't think any reputed project would go for this huge bonus, only shit and scam project does it.

[   B E S T   C H A N G E   ]      Best Rates For Exchanging Cryptocurrency
●              ►              Buy bitcoin with credit card  ✓              ◄              ●
FACEBOOK                TWITTER                INSTAGRAM                TELEGRAM
magneto
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 753


View Profile
October 07, 2019, 07:38:44 AM
 #32

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

You know why people aren't buying these projects' tokens anymore? Because they have no intrinsic value.

As the market matures, people are no longer as inclined to investing in crap tokens because they know the end goal of the project is to take investor funds and benefit themselves. The market is also extremely saturated at this point, coupled with the fact that the entire crypto market is in kind of a short term recession means that there is extremely limited interest and demand for ICO tokens in general.

So yes, in a sense new projects that have no value are responsible, but at the end of the day it still depends a lot on the market conditions, which are not favourable at this point.
n0ne
Hero Member
*****
Offline Offline

Activity: 2604
Merit: 548


Vave.com - Crypto Casino


View Profile WWW
October 07, 2019, 07:45:34 AM
 #33

These days very few projects were developed with a MVP. This is the major reason for the projects to end up dying, apart from this there is no private investors for these projects. When there is some good number of private investors automatically the projects gains trust as well an establishment for the project. Now it is very hard to find such projects which is the reason for the low usage and the value of tokens go valueless.

ardentvolcanoes
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 252


View Profile
October 07, 2019, 07:55:17 AM
 #34

This is a very bad move from a new crypto project, and no one project can hold their sale price on exchanges. Recently Stabledex attracted me, I thought they are good enough project but when they start giving a 50% bonus, I opted out and now Stabledex another shit project to me! I don't think any reputed project would go for this huge bonus, only shit and scam project does it.
That huge bonuses indicates that the chance of scamming or a process of desperation from the team needs to be avoid. You are risking your money when you continue supporting and following that kind of project.

It's best to be well aware of possibilities so you'll not be wasting your time and money following and investing with project that don't have any clear direction.
#Darren
Sr. Member
****
Offline Offline

Activity: 784
Merit: 250


DIA | Data infrastructure for DeFi


View Profile
October 07, 2019, 08:13:38 AM
 #35

Who else is responsible? Team members are likely to blame bounty hunters, but we all know it is bullshit. A failure to make wise strategic decisions, listing on bad exchanges and greed are the three most common reasons for a project to fail.


      ████████████████
   ████████████████████████
██████████████████████████████
█████████████████████████████████
███████████████████████████████████
█████████████████████████████████████
██████████████████████████████████████
███████████████████████████████████████
█████████████████   ███████████████████
█████████████████        ███████████████
█████████████████          █████████████
█████████████████            ████████████
█████████████████             ███████████
█████████████████             ███████████
█████████████████              ██████████
█████████████████              ██████████
█████████████████             ███████████
█████████████████            ███████████
█████████████████          █████████████
█████████████████      ███████████████
█████████████████ ████████████████████
█████████████████████████████████████
███████████████████████████████████
█████████████████████████████████
██████████████████████████████
██████████████████████████
     █████████████████
          ████
DIA | OPEN ACCESS FINANCIAL DATA
clickerz
Hero Member
*****
Offline Offline

Activity: 1414
Merit: 505


Backed.Finance


View Profile
October 07, 2019, 09:57:48 AM
 #36

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

Do you mean they give 50% discount for their buyers ? Im afraid the buyers will dump the coin with low price once it listed on the exchange.
And the result is, the coin will never hit the normal price because it was sold with -50% price.
For me, the maximum discount for buyer should be around 20%, otherwise other peoples who come after the discount over won't buy the coin because the price difference is too far.

Thats the big possibility that will happen, investors will dump it for sure. More than 50% bonus is huge. After listing,anyone who has bigger hold will surely exchange his token into cash to have a profit. The remaining will be traded just to play the market, but the capital is safe already.

Open for Campaigns
Nadziratel
Sr. Member
****
Offline Offline

Activity: 1568
Merit: 321


★777Coin.com★ Fun BTC Casino!


View Profile
October 13, 2019, 05:30:38 PM
 #37

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

I saw some project made a discount about %80-90 for their private sale customers. It is not fair. But unfortunately, there is no regulation or audit for token sale process. So ICO buyers and after listing so many people get hurts.

Perfect35
Member
**
Offline Offline

Activity: 854
Merit: 10


View Profile
October 13, 2019, 07:21:41 PM
 #38

As far as I am concerned, 50% is way too much. Generally, investors and most especially traders, believe that a project when listed will not tree at the ICO or IEO price. Particular that its price should first dump. So giving 50% will give them more propensity to dump at whatever price they wish. Which is why you sometimes see prices at -x10 the price during sale. This show s they care less about it. Although, a project with no bonus can also follow the same trend.
PuertoLibre
Legendary
*
Offline Offline

Activity: 1890
Merit: 1003


View Profile
October 13, 2019, 07:29:49 PM
 #39

In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong
Under the current market conditions, thinking about the maximum profit for the new project is not a smart move by the team. Considering the recent situation on the token sales,  cutting the expectations can lead to minimum losses if the alt season is too late in the crypto market. Present altcoins also don't want to give up easily, the fight between the old and new altcoin is about winning the best possible concept for gaining more funds from the crypto investors.
samcrypto
Sr. Member
****
Offline Offline

Activity: 2044
Merit: 314


Vave.com - Crypto Casino


View Profile
October 13, 2019, 07:43:05 PM
 #40

The fact is that at present there is mostly no responsibility regarding tokens. in my opinion many do not care or even tend to let what happens to the development of tokens so that there is indeed a name that fails to the number of projects at this time. and the victims are certainly getting bigger due to the failure of the project
Failure projects its just a result of being incompetent of the developer and giving 50% price tag is not the reason and doesn’t give any guarantee to a new project to succeed because maybe its part of their market strategy or they are giving more to attract more investors at first and become a shitcoin later on.

Pages: « 1 [2] 3 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!