istiak2277
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KUWA.ai
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June 07, 2020, 03:59:40 PM |
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Some people think that a major exchange like binance can influence a crypto asset price. People think that way because an exchange like binance can offer a large number of investors and liquidity. But they also have to understand that all the people are not dumb. People won't throw their money in any project that will be listed on a major exchange like binance.
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Vishnu.Reang
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June 07, 2020, 04:11:14 PM |
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Many people blindly believe that if a token gets listed in Binance or Huobi, then it's exchange price will shoot up immediately. I would say that it is wrong way of thinking. Obviously if a project gets listed in a reputed exchange such as Binance, then it will be able to attract a great deal of hype. And as a result of it, initially there may be a spike in the prices. But even then, maintaining the price is possible only if the project showcases its usefulness to the community.
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ningrum
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The OGz Club
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June 07, 2020, 05:36:01 PM |
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Price dumps occur because of a loss of trust with the community, and investors, that is one factor,
and the other may indeed be a chart showing that the Bearish is happening
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ScamViruS
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June 07, 2020, 05:54:14 PM |
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Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Binace pumps IEO coins as they are listed for trading. If you do research, you will understand that those coins start trading at a much higher price than ieo. And that day did another huge pump. And after a few days there are regular dumps. All hold coin they dump to retail traders. All these are fixed in advance. You will understand everything but you will not have enough evidence to do anything. And there are many reasons behind it. Now if you ask binance about this, they will say that the price of coins depends on the traders! But the reality is something else. So it is risky to trade in binance IEO coins unless you can buy in IEO. Because you can already see in the market how bad the status of binance IEO coins is. |
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Metall303
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Oikos.cash | Decentralized Finance on Tron
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June 07, 2020, 06:32:21 PM |
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Price dumps occur because of a loss of trust with the community, and investors, that is one factor,
and the other may indeed be a chart showing that the Bearish is happening
this is not always associated with a loss of confidence. very often the problem is the huge percentage that the company provides at the start of its development. Often people are ready to sell even with a profit of 10 percent of their investment and they dump the price |
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WannaCry
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June 07, 2020, 07:03:00 PM |
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binance cannot control the price whether it will dump or will go high.. its about the people who wants to buy or sell their tokens,,
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Findingnemo
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June 07, 2020, 07:32:03 PM |
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Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Listing a token on finance like exchange will create a hype for sure so early investors will wait for the right dump to exit the market but if the coin has potential surely it will recover from the initial dump which happens with almost every project. But listing on Binance doesn't mean it has potential so as you said every investor need to choose their project wisely. |
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Bonwin
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June 07, 2020, 08:06:13 PM |
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Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Listing a token on finance like exchange will create a hype for sure so early investors will wait for the right dump to exit the market but if the coin has potential surely it will recover from the initial dump which happens with almost every project. But listing on Binance doesn't mean it has potential so as you said every investor need to choose their project wisely. Binance most times is meant for Hype. Although the project might be good, listing on Binance is a way of marketing the project before a good number of investors. However, Binance exchnage carefully selects the projects they list, yet such a project will take the normal process of pump and dump. Had it been the growth is organic, there would not have been a serious dump, but just because the project gets hyped as a result of listing on a big exchnage like Binance, gives it the ability to pump and with an eventual dump. |
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thesmallgod
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June 07, 2020, 08:11:51 PM |
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While I support some of your narrative, I also believe the exchange platform also play a long role in reducing the rate at which the price of the coin diminish. We all know that crypto is very volatile and within a few minutes, your all portfolio could drop to the half of the previous volume by price. However, platform with a lot of active traders such as Binance have the liquidity to reduce price dump. The ultimate reason why token price dump is because the demand for the token is more than the people that want to sell. When a project create a framework that involve continuous acquire of the token rather than selling off, the price dump will be minimal.
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joinfree
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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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June 07, 2020, 08:40:07 PM |
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I am not sure the managers of Binance will just accept to list any shitcoin on their platform just because they can afford listing fee. Team members do a research of projects before listing on their exchange and this is a form of reducing the risk that their investors have to bear when trading with such tokens.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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TheClownSong
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solidtradebank.com | 5%-15% Welcome Bonus
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June 07, 2020, 10:14:07 PM |
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Listing in large exchangers is not a guarantee that the price will double up to 100x because everything depends on the project itself and the product produced. Many tokens or coins are listed in large exchangers but in the end are delisted due to investor confidence that results in a decrease in transaction value.
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preikaler
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June 07, 2020, 10:23:23 PM |
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Listing in large exchangers is not a guarantee that the price will double up to 100x because everything depends on the project itself and the product produced. Many tokens or coins are listed in large exchangers but in the end are delisted due to investor confidence that results in a decrease in transaction value.
yes you are all right not depending on where they are listing, but the fact is that most people still rely heavily on large exchanges as a reason for the pump, there are still many who don't care to do more research on the project |
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ene1980
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June 07, 2020, 10:31:49 PM |
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Then why binance doing some coin operated delisting? I think a project price depends there developed roadmap with the investors. in my opinion if a project keep well strong activity how can development their project continue then price never goone dump. This is the clearly thinking smart investors never invest in death project. The main point you are not aware is that these exchange only care about the volume of trade with every coin that is listed in the exchange so that they can earn the necessary commission with every trade and that is their only benchmark and if there is a coin that is not making much money according to the standard they keep then they will delist the coin as they have no sympathy for the coin developers or the project. |
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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June 07, 2020, 10:41:05 PM |
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Then why binance doing some coin operated delisting? I think a project price depends there developed roadmap with the investors. in my opinion if a project keep well strong activity how can development their project continue then price never goone dump. This is the clearly thinking smart investors never invest in death project. The main point you are not aware is that these exchange only care about the volume of trade with every coin that is listed in the exchange so that they can earn the necessary commission with every trade and that is their only benchmark and if there is a coin that is not making much money according to the standard they keep then they will delist the coin as they have no sympathy for the coin developers or the project. It is not that they don't have sympathy to those inactive coins, but they are not responsible in terms of development of the coin. It is the devs' job to make sure that their coin is active and has real use case in the market. Because if the traders will see that there is nothing going in a certain coin, I don't think they will actively participate in the trading. And the exchange will just delist those inactive coins because they have rules for these coins in the first place. Dev should know that before they even get listed. |
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andycarrol
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June 07, 2020, 10:53:01 PM |
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Listing in large exchangers is not a guarantee that the price will double up to 100x because everything depends on the project itself and the product produced. Many tokens or coins are listed in large exchangers but in the end are delisted due to investor confidence that results in a decrease in transaction value.
yes you are all right not depending on where they are listing, but the fact is that most people still rely heavily on large exchanges as a reason for the pump, there are still many who don't care to do more research on the project I think it is due to the influence of the place of exchange that already has a good reputation so that it gives a lot of influence to a coin that will be registered or deleted from the list at the place of exchange, so as much as possible when it is registered at a large exchange place, it must have a high trading volume. and have a good development project to stay alive. |
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Psynthax
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June 07, 2020, 10:59:42 PM |
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Price dumps occur because of a loss of trust with the community, and investors, that is one factor,
and the other may indeed be a chart showing that the Bearish is happening
Trust is not only the reason even the good projects that always creating update can lose the value due to the various factors. The dev must aware about how to make the investors will not go out from the market. This is the difficult part even good coins can be dumped on binance too. |
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NS-Soul
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arcs-chain.com
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June 07, 2020, 11:22:37 PM |
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Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
The dump can't be control it was happening all over the exchange they are not holding someone's mind to say don't dump so the coin will be pump, in reality it was always happen sometimes we need to wait when it would be pump again so we didn't lose some of our money, they must have patience of waiting for them to have profit. |
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Mulann2
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June 08, 2020, 05:32:17 AM |
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Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality. Binance or any other top exchanges cannot stop a project from dumping, this is determined by market and not by any exchange, people sell at any price they want, whales also manipulate the market to their advantage, this is out of the control of the exchange where the project is listed, people are just being unrealistic thinking binance can help a project to increase in price or prevent a dump from happening. |
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CashbackLover
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Sovryn - Brings DeFi to Bitcoin
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June 08, 2020, 08:18:31 AM |
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The solution that exchanges can give new projects is high volume and enough liquidity, I don't expect people to want more, exchanges aren't in charge of pumping coins to the moon, that's the work of the project's team, bad exchanges lacks good volume that's why they are to be avoided at all cost, new coins have their ups and downs and only the team can make their tokens more useful and demand will follow.
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coinfinger
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June 08, 2020, 10:29:17 AM |
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It is both true and wrong like everyone is trying to say. Yes binance listing a coin doesn't mean that the price will not be dumped and worth nothing, but also binance is not the reason why that project got dumped neither, they did helped and being on binance does help you out more than not being there.
This goes to show you that, binance can't save you, but it sure tries to save you if they can but all by itself it is not enough. That is why there are many coins who made it good without binance, coins who made it good thanks to binance, and coins who couldn't made it even with being on binance. We can't really know how much binance helps out but it is surely better to be listed there than not to be listed since not being listed is even faster way of getting dumped.
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