EdenHazard
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October 04, 2020, 11:17:00 PM |
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Simply creates a hype like ... Nike powered by vechain will be launched, all the products will now integrated with vechain technology, source by -your popular media- and so on. People will look into it and verified it was legit then the market will drive to a bull run by itself.
It happens several times and once it got hyped to go up in price , hard to stop it. I remember vechain moved up from 0.002 to 0.02 real quick within a month because of this hype.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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tbterryboy
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October 05, 2020, 03:20:09 PM |
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It's very simple: to increase the price of a coin, you must buy it. And the reasons that should make you buy a coin can be very different. Let's say you could read the news about a new partnership, thanks to which the project reaches a new level. This will certainly attract attention to such a coin and its price will start to grow due to purchases.
Yes and staking profits is another reason why people buy particular coins but the mechanism must be sustainable because it is not easy to provide staking values for long term is the plans are not clear from the development team and what happened with sushi swap we all know how quickly they folded after a mistake by their owner. To get the value of the coin higher you must work towards making your coin more valuable that might be as small as offering people some services via chap rates by your coins or you can make a exclusive casino that accepts only your coins and works at zero edge or something like that which attracts users and hence the demand of coins.
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CODE200
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★Bitvest.io★ Play Plinko or Invest!
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October 06, 2020, 11:49:40 PM |
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That would depends from a lots factor : 1. Demand > Supply 2. Influencer 3. Good crypto news 4. Trend/Hype 5. Bitcoin price pump, etc.
AFAIK DIA is a new DeFi token, that's why the price reach new ATH on August (DeFi hype). Bad news on DeFi token (YAM crash, Sushi crash) and Bitcoin is dumped probably the reason. Because most of altcoin will always following the Bitcoin price as the mother of cryptocurrency.
Those mentioned are really the ones that are needed to be considered as factors why a certain coin do experience pumps and dumps in the market because all of those make affection on how does the prices behave and have an impact whether the price will go up or down. Bitcoin price pump could be a factor if the price of that certain coin is based on the Bitcoin price. The other four mentioned factors all come at once starting of from the project where the coin originated which makes it essential factors on how the price changes talking about a certain coin.
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sana54210
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October 09, 2020, 11:38:00 AM |
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Honestly there is this viral status in life with basically every single product that we can't really comprehend how they become.
As you all know there are challenges on social media that nobody even sees, and there are ones become a social status symbol type of huge hype as well, we do not know why one is picked and the other is ignored. Same with products, you do marketing and suddenly you get viral and your website can't handle all the customers coming your way let alone your product number that was manufactured, these are all things that happen in marketing, but we all know most places do not have that much attention from customers.
So, what makes a thing viral? We may never know the answer to that, but same goes for crypto, there are thousands of coin people shill, but suddenly one of them becomes a huge hype around crypto world with zero reason for it to be that much hyped over others.
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Anyobsss
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DeFixy.com - The future of Decentralization
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October 11, 2020, 02:23:25 PM |
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Actually token are depending the price of bitcoin. Besides when supply is higher than demand, then price goes to down. We shouldn't follow the trend/hype.
Yes bitcoin can affect the price of other altcoins as it is the crypto being used by the market. If the bitcoin's price is bearish other coins will definitely follow. why shouldn't we follow the trend? shouldn't we exploit the trend so we can earn more? Trend following is one of the effective strategy when it comes to trading. I am saying this as my own experience but I don't think that altcoin follows the price of bitcoin nowadays. There is time that bitcoin has noticeable price movements but altcoin reacts opposite. In the past few years, every bitcoin price movement is followed by altcoins price movements but it changed over time and it's somehow hard to predict if altcoin will accumulate the trend of bitcoin. Even in the past where Bitcoin and Altcoin prices doesnt really correlate from time to time or shall we say it can really go into opposite way to each other but we do had the impression that alt prices do rise when bitcoins price or value goes up.It do drag along with it most of the coins would be on green but depending on the market condition yet there are instances that it do really just move alone without tagging alts on the back and this is what makes this market so unpredictable.Lots of factors that do affect for a token to pump which had been mentioned earlier. I see. Time has changed. I have this impression when I saw how the market moves last 2017. It might be different now.
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pixie85
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October 11, 2020, 04:56:43 PM |
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Yes and staking profits is another reason why people buy particular coins but the mechanism must be sustainable because it is not easy to provide staking values for long term is the plans are not clear from the development team and what happened with sushi swap we all know how quickly they folded after a mistake by their owner.
To get the value of the coin higher you must work towards making your coin more valuable that might be as small as offering people some services via chap rates by your coins or you can make a exclusive casino that accepts only your coins and works at zero edge or something like that which attracts users and hence the demand of coins.
Staking by itself doesn't make a token valuable. There was a hype on all those PoS tokens from the beginning of 2019 but most of them are already dead or trading so low that nobody even cares. Do you even remember about coins like BTK or Bitbay at this point? They were popular a year ago but now it's game over for them. Don't think that you can make money on PoS coins just because you bought a lot of them.
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bitcoin31
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October 11, 2020, 11:36:11 PM |
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The reasons why the token are pumping it's because there is a lot of investors or buying of the token so the price is rising but because they are invested they see the potentiality of the up but if the team or developer of token or even a coin did not make update create a something new that become good of was is their created because mostly the developer are lazy after listing to the exchange they did not do something so the price is drops.
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ashkhr90
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October 12, 2020, 03:36:05 AM |
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The pump of any coin is generally done by the strength of the community and its marketing skills Another project which i have found of this type is going to launch on Uniswap soon Thier discord channel is getting too much attention before the airdrops and presales Project: Game of Presidents, GOP Coin Discord: https://discord.gg/UxQkbA4 join it before its too late Basically a kind of game or more precisely Voting project 400 ETH is the amount in presale and there is airdrop also Website: gop.finance Twitter: @gopcoin Note: DYOR always
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BuNga_cute
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October 12, 2020, 04:57:35 AM |
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The token pump is highly dependent on supply and demand, but the current trend is a factor in the hype for some pump tokens. And there are many other factors that make tokens pump. Such as influencers, news, promotions and so on. What is certain is that if we do research and analysis properly, we can predict the price movements of tokens. So when the price of tokens will be pumped, we can predict it.
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chikading2016
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October 12, 2020, 11:32:20 AM |
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The only reason why token pump is the investors, and the token can only invested by millions of investors or buyers if there are good feedbacks that comes from its users or a good team behind that token, products, transparency, advertiser or promoter can also convince investors to buy the token and the token may pump after getting trust from the crypro feild.
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MWesterweele
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October 12, 2020, 02:52:08 PM |
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The token pump is highly dependent on supply and demand, but the current trend is a factor in the hype for some pump tokens. And there are many other factors that make tokens pump. Such as influencers, news, promotions and so on. What is certain is that if we do research and analysis properly, we can predict the price movements of tokens. So when the price of tokens will be pumped, we can predict it.
Which is a true statement, all of the pumping and dumping of values of any cryptocurrencies were all depend upon the supply and demand of each crypto. But we can't predict the next pumping of prices or even the next dumping of it since i believe that cryptocurrencies were volatile and unpredictable. Whales of cryptocurrencies may also affect the price movement of bitcoin or any kind of cryptos.
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isaac_clarke22
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October 12, 2020, 02:59:58 PM |
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I'm starting with DIA. It is listed on top exchanges, has good partnership, the team isn't relenting and its price still drops drastically. So, I put up the question to learn with the trend on what actually thrives the price of a token/coin?
Good partnership, but is the coin being traded actively? There are many cases in which a coin fails you know and that's quite common actually. The supply and demand from basic economics is what contributes to the price of the token or coin, OP. Consider the hype as well, but hype always dries.
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lixer
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October 13, 2020, 04:47:42 AM |
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The only reason why token pump is the investors, and the token can only invested by millions of investors or buyers if there are good feedbacks that comes from its users or a good team behind that token, products, transparency, advertiser or promoter can also convince investors to buy the token and the token may pump after getting trust from the crypro feild.
Investors can only help the coin initially because the most important thing that brings up the price for any coin that is listed on market is the news around the coin and the activeness from the developer team. A team which gives constant update to it's users is more likely to retain their investors in long term and also cause pump as they move along. A prime example is Ethereum itself which started small and maintained a stable price for long time and kept getting pumped along the way. There can be temporary paid pumps as well at times for certain coins as the team will buy their own coin from the exchange to create a fuss about their coins in the market and then once people are ready to buy the coin they will just dump all they hold. This is a common practice also called as pump and dump in the altcoin market and trading sphere. Maybe you want to read an article like this - https://medium.com/@coinandcrypto/how-to-profit-from-a-cryptocurrency-pump-and-dump-a8d4a1622df8
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SirLancelot
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October 14, 2020, 07:02:36 PM |
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The token pump is highly dependent on supply and demand, but the current trend is a factor in the hype for some pump tokens. And there are many other factors that make tokens pump. Such as influencers, news, promotions and so on. What is certain is that if we do research and analysis properly, we can predict the price movements of tokens. So when the price of tokens will be pumped, we can predict it.
Yeah like the big John Mcfee used to pump fake projects but is now arrested. There are many reasons for a pump in the price for small altcoins like you said hype is one of them and a significant one because often teams are able to hire a marketing team that creates FOMO among investors and then as the price gets hiked they will sell off the coins and run away. While for solid coins like ETH there are pumps happening when there is solid news about something new being built like how the Defi created a big news in the market and the price for ethereum was hiked if I am not wrong because I don't follow the prices so closely all the time. Similarly Tron always have some kind of developments going which makes it pump often.
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ksbalekodi
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October 14, 2020, 07:09:11 PM |
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First of all 'create some hype' then community trust, good vision and mission about project, like someone said 'technology doesn't matter' yes he is right 1
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