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Author Topic: Binance listing can't erase price dump  (Read 1137 times)
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April 29, 2020, 03:01:38 PM
 #21

Watching Bitcoin past price histories I see whereby Bitcoin loses value and recover months later, Bitcoin fought the toughest battle maybe that's why people now support the coin the most, Bitcoin community is strong for this reason too, every good projects will face big challenges in future, crypto is volatile, people fail to understand this that's why they lose, with patience you will be a winner on crypto space

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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April 29, 2020, 03:05:40 PM
 #22

Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future
if a decline is still very reasonable. because most are new platforms that survive the trading volume of traders in binance. when they have benefited, the one who plays an important role in stabilizing or increasing prices is the development team itself. It all depends on their innovations and plans for the future.

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April 29, 2020, 03:31:43 PM
 #23

This is totally right, and it does not relate only to binance.
Infact a token listing on 10 top exchanges does it stop it from dumping. There is a difference between a good token in a good exchange; and an average token on a good platform.

Difference always tell, this is why it is imperative that we conduct personal findings before investment all the time.
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April 29, 2020, 03:43:30 PM
 #24

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.

This is a wrong perception by some people believing that once a project is listed on the top most exchange it will retain its price, that is never going to be possible because market will eventually determine the price, and the demand for such project will also play a vital role,
And we all know most coins/tokens don't have such demand that can drive the price and keep it from dumping.
Exchanges can not perform miracle on a project and stop it from dumping.

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April 29, 2020, 03:47:01 PM
 #25

Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future
if a decline is still very reasonable. because most are new platforms that survive the trading volume of traders in binance. when they have benefited, the one who plays an important role in stabilizing or increasing prices is the development team itself. It all depends on their innovations and plans for the future.
In its entirety for the token price increase on the exchange is not the team that did it because the team is only a developer who will have an update to their product so that this token can go up because of the product.
The lack of interest can trigger prices to continue to fall due to lack of confidence in these investors.

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April 29, 2020, 04:12:55 PM
 #26

The fact that Binance is a big exchange, where there are many manipulated teams, new coins are listed as the most easily manipulated coins, If you do not have the experience you should not participate.

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April 29, 2020, 04:17:10 PM
 #27

everyone understood long time ago that IEO at Binance is just a pump and dump scheme. Projects make big Xs after they listed on the exchange and then they just fall below the IEO price. you can check any coin after IEO.
I believe that market stability will come, but it will not be very soon.






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April 29, 2020, 05:15:33 PM
 #28

some decreases occur because of circumstances, or because the project is not developing. when a coin dumps, the market is not to blame. however, I have seen that many tokens in binance are slowly being left behind. believe that the list in the market like binance is very good because it can be big support because the rules made by binance are quite strict, so we know that the projects that are there are of high quality. however, regarding prices, it cannot be controlled.

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April 29, 2020, 05:18:16 PM
 #29

those who determine the direction of prices are sellers and buyers, or demand and supply,
exchange is indeed an important factor of all of that, because volume is one of the strong factors to determine everything,
if tokens or coins are listed in binance, certainly dump can still occur
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April 29, 2020, 05:32:34 PM
 #30

It is simple that the market decides the price and no exchange can help in keeping the price up because they are not investing or buying that coin so price will move according to supply and demand and during slow or bearish market usually price dumps below ico prices, if the project is good hodl untill market improves and you will see price moving up nicely too.

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April 29, 2020, 05:44:14 PM
 #31

I think that everything works differently. exchanges take part in these dumps. we don’t know what happens before the exchange lists a project. I think they make deals with projects. then they make a pump and sell the coins. they want to leave people without money

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April 29, 2020, 06:36:32 PM
 #32

Well it depends on the state of the project, the use case and what the project wish to accomplish. Maybe the project might have taken a wrong path whiles coming up and that might have dumped its price but once they realize their mistake and put things in order listing on a big exchange is one of the factors that can resurrect it because on any big exchange we have traders that really look at the value of a project and not its current price.
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April 29, 2020, 07:25:20 PM
 #33

You seem to be missing an important point in this aspect, Exchange platforms are not a place where pump occurs or dump occurs.
You and other traders (including me) are the market, because we place the buy / sell orders.

It is the responsibilities of every project listed on exchanges to provide a good product that is capable of driving up demand for the token; because in crypto currency, only a huge demand for a token rises the price of the token on the exchange platform.
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April 29, 2020, 08:10:36 PM
 #34

The funny thing about this is that people think these tokens do have use cases. I don't think 1% of the tokens in the space have usecase. People just need to understand this truth, investing in these projects is risky but you can minimise your risk by not following the herd, invest in projects that whales are interested in.

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April 29, 2020, 08:38:30 PM
 #35

In as much as the exchange where a coin is listed matters,it helps boost the price value but there are certain things which can hardly be manipulated like if bitcoin is in the move,mist definitely the list coin will drop in price also most times after listing when the coin is over bought, it will naturally find itself below the gradually pick up again.

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April 29, 2020, 08:52:19 PM
 #36

As for the binance IEOs, I believe you will have a profit of at least 3-10 times when participating in their IEO. That is why the IEO at Binance is always welcomed and engaged
I think even more than that, after IEO/launchpad is finished and listing pairs the price will usually pump may be able to get up to 50x profit in just a few hours. But to participate in IEO binance seems to be quite difficult to get Lottery, and many are waiting after the sale is finished.

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MikeyVeez
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April 29, 2020, 08:58:12 PM
 #37

Do not care about growths that are connected with Binance listing, most of these pumps are just a manipulation when whales are earning big profits on newbie traders.

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April 29, 2020, 09:50:27 PM
 #38

Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future
As long as the project team can do everything so well and the price will always be pumping. I remember there are so many projects were listed on binance but they were running their development very good and that even brings a lot of whales to buy the coin. Anything depends on the team

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April 29, 2020, 11:34:32 PM
 #39

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.
Cryptocurrency is indeed very volatile. There is no guarantee the price will always pump even if it is listed on the global exchange top. What we need to learn here is the right timing, historical data is quite helpful, so immediately use the moment at the beginning of the listing to benefit because that's the pump moment that often occurs. Over time, the hysteria declined, market interest fell and prices returned to normal.

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April 29, 2020, 11:59:46 PM
 #40

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.

I totally agree with you, a lot of people do mistake major exchange listing for a ticket to guarantee price pump or increment forgetting that prices of cryptocurrency are also driven by the force of demand and supply. No doubt , exchange listing contributes greatly to token price as the volume and liquidity provided by The exchange represents the demand force but that just to certain extent and nevver a quaratee the token will pump upon listing. People need to get their mindset clear about this to prevent unnecessary expectations from major exchange listings
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