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Author Topic: New projects are responsible for the death of their tokens  (Read 893 times)
pooh95
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October 13, 2019, 07:50:28 PM
 #41

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
perhaps many teams simply do nothing because they consider the market conditions unsuitable for any kind of active action.
it seems like, for example, I have many wallets since the beginning of 2018, and most of them do not even trade on any exchange, although the fees were successful
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October 13, 2019, 07:51:23 PM
Last edit: October 13, 2019, 08:07:38 PM by royalfestus
 #42

We should start looking away from new projects, they are mostly looking for space in the market not adding any value to the ecosystem and human. Most analysis about the market condition tends to go deep into factors that had brought the market to this downward trend for so long; like the scams in the space, whales manipulation, new regulations and sentiment from the long period of loss etc. Bear market are bound to happen but this came with lots of eye openings.
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October 13, 2019, 07:53:53 PM
 #43

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.

Exactly. Poor efforts from developer to keep alive, no proper developments according to roadmap will obviously lose interest.

Giving a huge discount at funding stage is not something that should be held responsible for projects failure. I want to know how some of you guys find these two things related. Hope someone can explain me.
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October 13, 2019, 08:26:54 PM
 #44

Not all projects so watch their coins.  But as a rule, it is they who are responsible for their failure.  After all, developers who have collected a large amount of funds do not need to make a redemption of a coin in the proper amount to maintain the normal price and functioning of the coin. Therefore, the developer who send their coins to the mercy of fate make a mistake.

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October 13, 2019, 08:50:39 PM
 #45

Not only the project teams are to be blamed. Although the major faults are from them by not developing their project to the point of having major products before being listed. There are some investors that in order to take cheap advantage of bounty hunters, they bid ridiculously low buying price and many projects finally finds it difficult to recover from.
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October 13, 2019, 09:37:45 PM
 #46

This decision has two sides of the same coin. On the first side is a good move to attract investors, and on the other side it is a big risk. Project developers should be able to correctly use this method of attracting investors.
If which project is really looking enough legit i don't think they need to attract investors by 50% to 90% token sell discounts. This is not a best way to promote. Just it’s enough to highly affected in coin values when list in the exchanges. Shit projects are always offering huge discount to create big hype but i think most of the projects failed which are following the way. Project liquidity is the main thing to reach ultimate goal.                     

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October 13, 2019, 09:54:06 PM
 #47

This decision has two sides of the same coin. On the first side is a good move to attract investors, and on the other side it is a big risk. Project developers should be able to correctly use this method of attracting investors.

I think that the problem some project have is finance and this is very important to help a token growth. At least , finance or a reasonable portion of the coin is needed to get a token to be listed in top exchanges to guarantee good trade volume.
So because of the scam from icos, investors don't show interest, that makes money raised minimal which can't finance much.
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October 13, 2019, 10:16:48 PM
 #48

This decision has two sides of the same coin. On the first side is a good move to attract investors, and on the other side it is a big risk. Project developers should be able to correctly use this method of attracting investors.
If which project is really looking enough legit i don't think they need to attract investors by 50% to 90% token sell discounts. This is not a best way to promote. Just it’s enough to highly affected in coin values when list in the exchanges. Shit projects are always offering huge discount to create big hype but i think most of the projects failed which are following the way. Project liquidity is the main thing to reach ultimate goal.                     
50% discount is made by devs who do not value their project. So for now, raising enough money is more important to them. After collecting money, there is nothing that can be related to them. The future of the project, its price and roadmap are now less important. In the current situation of the market, it creates supply rather than demand, which means a big dump in price. The reason for such a discount might be to attract investors' attention but the current $100 profit will return as $100,000 loss in the future.
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October 13, 2019, 10:27:38 PM
 #49

Yes and no. Not all projects can keep their coin afloat, and not all projects need it. Yes, a coin is a very important component of the project, provided that it is used in the ecosystem and has a certain application. If the coin is purely speculative, and the project already has enough finances, I think it’s nothing to worry about.

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October 13, 2019, 10:57:50 PM
 #50

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
perhaps many teams simply do nothing because they consider the market conditions unsuitable for any kind of active action.
They are not only do nothing but these crap teams behind scam project are also spending the money for their lives. They are using the money without any transparency and i have seen so many teams are getting out of funds even before this scammer started to create something.

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October 14, 2019, 12:00:24 AM
 #51

Most of project dead after their launch project in exchanges and some of them care about their project and struggle to maintain their price and most of them just selloff in market and after that, they earned profit they gone and never see again their project due to non-serious and just launch for making a profit.

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October 14, 2019, 12:37:39 AM
 #52

Many new project are dead because depend on how bitcoin and altcoin price today, with bitcoin still lower price and ethereum stil under $200 I think many new coin or new project hard to get raised with higher price after listing on exchange market, although dev and team of project never getting give best service for their coin for listing according based on the road map and listed with big exchange market and have many exchange for listing.

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October 14, 2019, 12:58:24 AM
 #53

We should start looking away from new projects, they are mostly looking for space in the market not adding any value to the ecosystem and human. Most analysis about the market condition tends to go deep into factors that had brought the market to this downward trend for so long; like the scams in the space, whales manipulation, new regulations and sentiment from the long period of loss etc. Bear market are bound to happen but this came with lots of eye openings.
Adding projects without any case value will ends nothing but failures. Why bother to support such tokens if there's no real use just adding options for pumped and dumped, It's very risky to invest with new project it's need a deeper understanding good sets of research regarding to the team and the prospect use if its really have its worth being supported. The situations is no longer the same with 2017 hypes carefully assess everything first before putting your investment.
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October 14, 2019, 01:09:14 AM
 #54

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

Depend's I think if the project is really good, the 50% could be nothing especially if the demand is highly great. Ive seen projects with high bonus during their ICO on last 2017 and I can say some investors are really lucky since they got a good figures selling the bonus alone can earned them big but different case today since the market is in pretty bad shape.
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October 14, 2019, 01:42:27 AM
 #55

In the name of luring investors, bounty projects often give high degrees of discount ranging from 40 percent to 80 percent. But ultimately this high degree of discount backs fire in the end. I think it is bad practice to provide high degree of discount on the purchase of coins. What happen when the coin that has given high degree of discount is its price falls to almost zero when exchange listing.

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October 14, 2019, 02:12:27 AM
 #56


I also noticed those new projects are now on top while some projects that were very popular in the last 3 years ago are now below the top 20 rank. What is very noticeable is that the new ones that replaces them on the ranks has similar concepts. The result to having same concepts like WAVES is that the side projects are similar projects as well which are now flooding the market. TRX for example just rapidly grow just like EOS but then Lisk, Stratis and WAVES are not coping up the pace.

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October 14, 2019, 11:27:15 AM
 #57

that could be bad or good news, depending on the project itself we know that the current market conditions are bad that's why they make promos to get interest from investors but yes we know that it is also a bad move to give a 50% discount in such circumstances this.
so it all depends on the project itself, if indeed their project is good then it will not be a problem 50% it might make the price go down in the beginning but will slowly improve.
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October 14, 2019, 11:45:34 AM
 #58

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

50% means you can get 2x token amount for same normal price, which is too many i think.
But it is the team decision, maybe they have some planning regarding that.
For example, they will lock the tokens that have been bought with 50% price for 2 years.

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cudora
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October 14, 2019, 11:53:19 AM
 #59

For sure, but 99 percent of all projects do not want to be responsible for their actions and are very likely to blame anyone rather than themselves. Thats why the most projects are blaming bad market or bounty hunters.

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October 14, 2019, 11:56:56 AM
 #60

You're making sense. The owner takes full credits on what happens on their coin. Because if they stayed true to their promises, keep on giving people updates on their project, keeps on communicating and asking for suggestions from their consumers. All that should be done by project holders. But, partly, you should blame some bounty hunters, and other hodlers that are dumping all the way.




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