Darktongue
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May 13, 2020, 10:18:22 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.
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.
For low volume Binance can delisted any coin, no guarantee for any coin to good future. Binance listed coin can minimize your research. Long time holding coin choose from Binance exchange. If you have very few time to research than choose any coin which was trading in Binance exchange without any issue, this process can erase your 95% price dump.
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@baoli
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Base.protocol
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May 13, 2020, 11:59:07 AM |
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For sure it is not guarantee that a project is listed on top exchange and can always stay top. Taking a look of projects at Binance for past 3 years some have not revived
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Base Protocol (https://baseprotocol.org): One Token to Hold Them ALL | [url=https://baseprotocol.
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Golftech
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May 13, 2020, 12:51:44 PM |
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For sure it is not guarantee that a project is listed on top exchange and can always stay top. Taking a look of projects at Binance for past 3 years some have not revived
There are lots of projects who suffered from big dumped and unable to recover, some has been forgotten while some are still trying to survive. there's no assurance even the project being listed to a good exchange like binance means that it's free from being dumped, if there's no good updates and the team are not working according to the road map the coin who suffered a huge dumped are hard to recover and rise again.
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Ken_terrance
Member
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Making Smart Money Work
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May 13, 2020, 01:25:14 PM |
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When a project get listed on binance the project team must work hard to make listing on Binance exchange worth it, most projects that end up losing value on binance is not the exchange fault but how the project team handled the project's progress and roadmap
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Psynthax
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May 13, 2020, 01:54:46 PM |
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Atleast it opens up to a higher volume market and could possibly prevent it from being manipulated then dumped to oblivion. The exchange itself doesn't take part in trading nor they contribute to the demands created in market by buying it, ofcourse it makes a lot of sense if despite being listed in popular exchange some coin might still be dumped.
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cribusen
Copper Member
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May 13, 2020, 02:04:31 PM |
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Everything can drop at any minute. You cannot expect a fresh IEO to go up in price, while everything is bleeding and the major cryptos are loosing 10 percent in price. However, Binance listing is a strong movement towards the liquidity and healthy raise.
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Pffrt
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May 13, 2020, 02:05:29 PM |
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If the project itself can't create enough demand in the market, no exchange can bring them a good future. If certain coin has its usage in real life, it's demand will be high and no matter which exchange it is listed, it will have a good performance.
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Rubick99
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May 13, 2020, 02:18:49 PM |
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Exchange can't give you guarantee for dumping price after listing, I remember that Pundi X before listed on binance have high price and that is NPXS highest price. Then a month after listed on binance it get crazy dump. Now, you can see how much NPXS worth. I think after token listing we must sell all of them before it dump into zero.
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Esterklu
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May 13, 2020, 05:23:44 PM |
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Listing on Binance doesn't give any guarantees that prise will grow, you are totally right. Everything depends on the project. I remember a lot of projects, that were listed and after some time dumped and still on that level.
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bassbity
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May 13, 2020, 05:42:25 PM |
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Exchange can't give you guarantee for dumping price after listing, I remember that Pundi X before listed on binance have high price and that is NPXS highest price. Then a month after listed on binance it get crazy dump. Now, you can see how much NPXS worth. I think after token listing we must sell all of them before it dump into zero.
It depends on the quality of the project and it is also true that large exchanges do not guarantee that prices will go up more than that. But on average, Binance has coins with full potential and lasts long in the crypto market.
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beerlover
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May 13, 2020, 07:35:13 PM |
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Just because a currency has a low volume doesn't mean it should get delisted right away. That is why I always supported this B-side exchange inside the exchange to help out the small coins. Think of it like a second division in football, this way you would have the big ones that have over 100 btc volume per day or whatever (volume could be anything you want) and there will also be a "smaller coins" exchange part where it will not be even paired and only paired with ethereum, I know there are ones who are listed on ethereum already, I mean this will be strictly for the smaller volume ones.
This way you are still making some money, but the smaller ones are separated as well to no confuse people neither. Think of it like stocks and penny stocks.
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Drai
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May 13, 2020, 09:17:38 PM |
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You are absolutely correct! Binance listing is not sure pump anymore! Maybe people are bored with lots of Binance updates! They should take a break from coin listing or IEO things! Nowadays, binance listing is affecting badly on price, recent CHR is enough to prove it, Cartesi too. Cartesi pump was fake, did not last even 5 minutes! Cartesi price was falling down continuously since the listing date! I am moving from Binance to Huobi Global exchange, Huobi looks more mature than Binance!
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Valzador
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May 13, 2020, 09:29:13 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.
Listed on the Binance exchange does not guarantee the price of a coin will increase but the coin will get attention and better trading volume compared to not listed on Binance.
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Wayrey2020
Jr. Member
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Activity: 198
Merit: 2
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May 14, 2020, 01:10:43 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.
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.
You did not phrase this well, big exchange platform can fix dumping, only for a short while. No matter how weak a token is, a listing on any top 5 exchange platform will boost up the prices and ensures it stability until the support crashes. Do your own research, but i am confident binance is enough to revive any project
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irsada
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May 14, 2020, 01:27:55 AM |
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at least altcoin that has been registered with binance has a high trading volume and is one of the ways altcoin can increase its price. in essence altcoin that has been registered is sure to get hype on the exchange, sooner or later.
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Shallow
Sr. Member
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SmartFi - EARN, LEND & TRADE
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May 19, 2020, 06:50:29 AM |
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I think most people are changing their perspective now, before when a coin is listed on Binance, the growth will be massive and will last for a while but the reverse is the case now, when a coin is listed it dumps massively. Nevertheless, I think that Binance listing gives exposure to the project while the team have the option of working hard to ensure the project is worth it, so that even after dumping it can gradually regain its value.
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Mammothcoin
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KoinPro
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May 19, 2020, 07:48:52 AM |
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If anything, I think listing a coin/token on a top exchange facilitates it's dump. The news of its listing gathers new interest in the project which pumps it's price and when it gets listed, prices tank. It's only part of the game of price cycles, good news leads to pump then it dumps and consolidates.
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minairia3
Sr. Member
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Activity: 1470
Merit: 326
Vave.com - Crypto Casino
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May 19, 2020, 07:50:21 AM |
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For sure it is not guarantee that a project is listed on top exchange and can always stay top. Taking a look of projects at Binance for past 3 years some have not revived
What you mean some have not revived? There are parameters on any particular altcoins when you trade. Yes this is highly observable with Binance exchange as their IEO process is hardly pressed by investors. During official listing thats where the horrible pump happened and after few days it will sorely drop. There is a pattern here, and we can see that few first hour and some day listing will eventually helped by Binance to gain market and demand so to say, Binance also affiliated with this dumped. Cause maybe after certain payment or duration stop, they will probably stop market making eventually resulted to crash of iep projects. Do you believe thats purely organic? No!
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r32godzilla
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May 19, 2020, 08:00:27 AM |
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Do you know why almost all IEOs on Binance are successful? Because they offer only few tokens in a pre sale and with a combination of high interest it cause that price will skyrocket after an exchange listing.
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Kunnu
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May 19, 2020, 08:23:55 AM |
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Very reasonable point, binance won't decide the future of cryptocurrencies this is just an exchange like many other this is the simple point that people must understand before being confident about any altcoin which is going to be listed on binance basically It's all depends on our point of view and understanding about the project.
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