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Author Topic: Reason behind ALTCOINS not bouncing Back  (Read 683 times)
adzino
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April 28, 2020, 10:18:29 PM
 #101

The last line where you stated that most project dump their coins is actually true. They are projects that people call "scam projects". All they do is run an ICO, release some crappy tokens and then once they have gathered enough money, they dump their tokens on the market to gain whatever they can and then finally runs away.
You will find hundreds of such project. Sadly, there are people out there who still falls for this kind of scams.

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April 29, 2020, 11:52:13 AM
 #102

The last line where you stated that most project dump their coins is actually true. They are projects that people call "scam projects". All they do is run an ICO, release some crappy tokens and then once they have gathered enough money, they dump their tokens on the market to gain whatever they can and then finally runs away.
You will find hundreds of such project. Sadly, there are people out there who still falls for this kind of scams.

Even if the project are legit, it is just unfortunate that they will also dump, scam project ruined the reputation of ICO and worse it reach to the crypto market now, and that is the reason why even in IEO, a project is struggling to raise the funds they needed.

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April 29, 2020, 01:21:19 PM
 #103

The last line where you stated that most project dump their coins is actually true. They are projects that people call "scam projects". All they do is run an ICO, release some crappy tokens and then once they have gathered enough money, they dump their tokens on the market to gain whatever they can and then finally runs away.
You will find hundreds of such project. Sadly, there are people out there who still falls for this kind of scams.

Even if the project are legit, it is just unfortunate that they will also dump, scam project ruined the reputation of ICO and worse it reach to the crypto market now, and that is the reason why even in IEO, a project is struggling to raise the funds they needed.
indeed it is very difficult to be able to avoid a project like that because some time ago I participated in a project that I think is very good because they have a platform that operates in the field of exchange and in my opinion this is really promising but some time ago this project was scam because forbid its users to withdraw their assets from this exchange.

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LostConfidence243
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May 09, 2020, 07:47:51 PM
 #104

I have embracd your interpitation along my heart, There are little reason for ALTCOINS bouncing back but the little are so storng ! Your description about the speed of alcoins number "c" is strong reason according my analysis,  and Secondly major reason is "a". If we dominate those of reason if can be more effective for revive the altcoins base.

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May 11, 2020, 11:31:49 AM
 #105

Altcoin market bouncing is not a new think in this trading side, It is an as usal incident to this market. So don't be panic time will ring the bell of up/down . Stay alert .
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May 12, 2020, 11:42:27 AM
 #106

Referring to the first point, anyone can trade how he wants, people seeing that a project isn't living upto expectations can just dump and move on, so in this case, the trader is trading according to his plans. For your second point, every project is meant to be different or rather unique and this outstanding nature brings value to it, else it can easily be affected by many things such as lack of interest by the investors. Now about the last point, it is a reoccurring event nowadays, many projects can dump on their investors and start giving excuses while some in a bid to get funding ends up giving excess bonuses; this also affects the price of an altcoin terribly.

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