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Author Topic: What actually makes a token pump?  (Read 677 times)
Bitlover10
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September 26, 2020, 08:01:04 AM
 #61

If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.

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September 26, 2020, 09:02:08 AM
 #62

The most common answer and what I'm gonna answer to is the demand. This is the same aspect of the people before there is no real price with the use of the gold and the silver and because of the trading and exchange they become valued and used the silver and gold for transactions and now they have valued. The same with the token if they are not going to be a demand coin they not become one of the most popular like the others.
If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.

This is the reason why we does need to have a background check about the coin first and avoid getting too much invest to a shitcoin that we doesn't know where it came from and when will makes a good market trend.

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September 26, 2020, 12:30:22 PM
 #63

If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.

The topic does not tackles about the pump and dump scheme, rather asking why a token or any cryptocurrencies are experiencing pumps on it's value. The reason is simple, and it is because demand is much on a particular period of time resulting on a pumped value.  If Binance is allowing pump and dump, it will be a negative perception to their image.
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September 26, 2020, 03:22:50 PM
 #64

The most common answer and what I'm gonna answer to is the demand. This is the same aspect of the people before there is no real price with the use of the gold and the silver and because of the trading and exchange they become valued and used the silver and gold for transactions and now they have valued. The same with the token if they are not going to be a demand coin they not become one of the most popular like the others.
If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.

This is the reason why we does need to have a background check about the coin first and avoid getting too much invest to a shitcoin that we doesn't know where it came from and when will makes a good market trend.

The token will only pump if and only if the said token is on high demand. Of course its the only way that you can say that the token your investing in is in pump and if it is on pump your lucky enough and i bet its time to trade your coin. But at the end of the day dumping and pumping of token are only depend on how the market demand that coin. We only need to check the background of that coin and know if the coin was in a good team.

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September 26, 2020, 03:46:28 PM
 #65

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?
There are many things to consider when we ask for what make a token price to pump, one the demand if the demand is high and the supply of the token is low then can really make the price to pump, secondly is the way the team of the project handling the market of the project if they are wise enough on how to get the good market of the project then the project is successful making the price also to pump. There are many reasons but these I stated here is the major reasons.
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September 26, 2020, 04:25:45 PM
 #66

If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.
Binance have a great impact in why altcoins get pump. After listing in Binance exchange, most of the project are starting to pump. People have so much trust in Binance. So if they got listed in it, the trust will also be in their project. Demand is the other thing to consider why token get pump. If a great news coming ahead about the project we can expect that before the event can happen it will start to pump while dump can be cause by bad news about the crypto world or project itself.

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September 26, 2020, 04:28:34 PM
 #67

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?
There are many things to consider when we ask for what make a token price to pump, one the demand if the demand is high and the supply of the token is low then can really make the price to pump, secondly is the way the team of the project handling the market of the project if they are wise enough on how to get the good market of the project then the project is successful making the price also to pump. There are many reasons but these I stated here is the major reasons.

DIA is a token with good demands, you can see its listed on major exchanges and millions of daily volume. The reaosn why its dumped was because Sept 18 was the date where bounty tokens was supposed to be distributed. The greedy traders dumped in anticipation that bounty hunters will dump.

The distribution was postponed though.  They were tricked by the team lol

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September 26, 2020, 06:39:06 PM
 #68

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?
I don’t think it’s just one thing that makes the price of a token to increase, there are lots of things that will actually contribute to that. Not aware of the token you’re talking about, but new tokens tends to go down after they are launched, kind of like a correction.

The early investors are fond of emptying their bags once the token goes live, and that will cause the market price to drop drastically, despite that they have a really good team. It’s then up to the team to continue with their hard work and promote the token and make it climb back up again, and that’s not going to happen in a day , it will take time.
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September 26, 2020, 06:52:50 PM
 #69

To be honest, it lies somewhere between good fundamentals , Technical Analysis , all the way upto pumpamentals. Sometimes, it needs to be a pure shitcoin ponzi.  Wink
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September 26, 2020, 07:21:53 PM
 #70

Marketing is really a big deal but it is not enough at all. I remember there was a coin waaaaaay back in the day that was like "time" or whatever, basically it suppose to be tied to hours of work and not money at all, which meant how much it worth in dollars would change depending on the person, but you worked for one hour and got that 1 token and you could spend it on one hour of someone else, it allowed people to decide on the price themselves.

They marketed it so much that from google to youtube to facebook to instagram to bitcointalk to any other place you could ever imagine wherever I went they were there. What happened? They failed, they are nowhere to be found now, they did marketing amazingly but the idea was so bad that people didn't even use it so it went down.
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September 28, 2020, 06:51:03 PM
 #71

Not all projects listed on Binance will be pumped, some projects are even dumped when listing on the Binance market.

Coins will only be pumped when there is news that it will be listed on Binance in a few days, this is a pre-pump before listing and this will be very dangerous, because there will be a lot of FOMO and prices will soar, but when it is listed on Binance the price will be destroyed and at the dump.

Binance is a large exchange that is able to give hope to altcoins that can be listed on it.
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September 28, 2020, 07:13:54 PM
 #72

Not all projects listed on Binance will be pumped, some projects are even dumped when listing on the Binance market.

Coins will only be pumped when there is news that it will be listed on Binance in a few days, this is a pre-pump before listing and this will be very dangerous, because there will be a lot of FOMO and prices will soar, but when it is listed on Binance the price will be destroyed and at the dump.

Binance is a large exchange that is able to give hope to altcoins that can be listed on it.
There's always that kind of perception from time to time when some alts would really be tended to be listed on Binance and when the news is up then tendency of pump is likely to happen.

It matters on the demand though because not all the times it will just dump when gets listed on Binance and come to think that some do even pump out even more when Fomo is there.
Yes, its really dangerous to dive in but for seeking out some profits then you would really need to risk or gamble.
It all varies with the projects potential even though it might dumped its price but eventually it do really had the chance to recover since its listed on one of the best or current
exchange in the market today.

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September 29, 2020, 01:04:21 AM
 #73

To be honest, it lies somewhere between good fundamentals , Technical Analysis , all the way upto pumpamentals. Sometimes, it needs to be a pure shitcoin ponzi.  Wink
There is nothing to do with the Ponzi scheme. Is a sort of ads asking for investment and doubling your money after investing, an old scammed trick that anyone is aware of. But just wondering also that many people have been fooled into this thing, seeing it surge high due to market manipulation by themselves. This is the case most happening and it makes a reason also that people are worried about investing in new projects.
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September 29, 2020, 01:29:58 AM
 #74

If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.
Not everything you say is true, some exchanges might do that, they sell coins so the prices of coins listed there fall very deep,
but binance is different, because binance has high liquidity so that the price there is purely from market demand,
so the pump or dump that occurs there is not Binance's fault.
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September 29, 2020, 02:59:50 AM
 #75

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?
Moment could make some coin or token could pump to higher price, each token have their moment it self when lost their moment for party never try to buy back although have lower price, first time listing for DIA have good price after success have higher price than ICO, few days DIA listed on bigger exchange from Poloniex, Kucoin, Binance and many other exchange market and give impact with higher price, but now their moment have ended and never could back to good position price again after raising up and going down never have second chance for some coin back to higher price again, developer have reached much profit and not care what happen next with their coin.

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September 29, 2020, 03:29:33 AM
 #76

~~
There's always that kind of perception from time to time when some alts would really be tended to be listed on Binance and when the news is up then tendency of pump is likely to happen.

It matters on the demand though because not all the times it will just dump when gets listed on Binance and come to think that some do even pump out even more when Fomo is there.
Yes, its really dangerous to dive in but for seeking out some profits then you would really need to risk or gamble.
It all varies with the projects potential even though it might dumped its price but eventually it do really had the chance to recover since its listed on one of the best or current
exchange in the market today.
In fact, I often see it happening on Binance when there is news that the altcoin will be listed on the Binance exchange so the pump is ready somewhere the demand on Binance increases after the first listing if the FOMO problem is clear there is one big exchange where a lot of panic occurs.

I am not surprised if I take a lot of profit on Binance such as UNI coins which are pumped almost 1000% which means that it is a very strong sign that if altcoins enter Binance it will tend to be more resilient in the market and prices are quite stable even though that is not possible either.

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Mpamaegbu
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September 29, 2020, 04:14:09 AM
 #77

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?
DIA started dropping in price a few days prior the scheduled date for bounty distribution. That was expected as early investors normally will take profit ahead of time in any project. However, a funny thing happened later and price dropped further drastically as soon as the team announced its postponement date for the distribution of bounty rewards to hunters after the successful completion of the bounty. You know, reneging on earlier promise and shifting the distribution date to two more weeks, to October 2nd raised a lot of suspicion with investors and those who wanted to hold had a change of mind and joined the dumping frenzy. Besides, now that DIA has been fingered as one of the cryptos affected by that Kucoin hack with hackers successfully selling off around $600,000 worth of DIA (more are still in the hands of the hackers), it is yet to be seen the level of damage this hack will cause DIA. It's likely to crash more by my calculation.

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Salauddin1994
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September 29, 2020, 04:31:53 AM
 #78

In fact the token pump has an impact on the market both positively and negatively pumps reduce the demand of the dump market as all the traders lean towards the market just as the demand of the market makes the house at a high rate. Really dia tokens are much better i also started working on it when it first had a higher value but now that the market has dumped a lot you have to be prepared on both sides.
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September 29, 2020, 12:27:10 PM
 #79

What make a token pump or dump depends on some factors,  firstly it there is increased demand such a token will pump, the team behind such projects how active are they engaging with the community, the community support for such a project is very important add up with some few factors if are on place even a shittoken can sell for thousands of dollars.

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September 29, 2020, 01:38:56 PM
 #80

In fact the token pump has an impact on the market both positively and negatively pumps reduce the demand of the dump market as all the traders lean towards the market just as the demand of the market makes the house at a high rate. Really dia tokens are much better i also started working on it when it first had a higher value but now that the market has dumped a lot you have to be prepared on both sides.
There are some factors like if the project have upcoming events which result to increase of demand of the certain token. If the token is going to be listed in good exchange sites. Token can be pump if the other top cryptos will also be pump which could affects them. If the token have good to trade on and too much traders have significant reason to trade them. If token have good project teams and trend going over the internet.

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