Kong Hey Pakboy
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Merit: 68
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November 04, 2020, 04:28:22 PM |
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I believe that new cryptoprojects constantly copy each other and new ideas just stopped appearing! Therefore, the value of such projects is not great on the market... Plus there is a factor of speculation and manipulation... From here the price is constantly falling...
Indeed. Most bad projects are commonly copying each other ideas; that is why they create a terrible concept or ideas for their projects. Most investors only want to invest in projects that are unique and promising because they mostly have good team members, whitepaper, website, and developers. I think not all new projects are bad because there are still new projects who have a good value market like UNI.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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oprahwindfury
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November 04, 2020, 04:36:00 PM |
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A few reasons can behind it.One of them is Less experience of the project member as they are on the responsible form .A project must need to be published to the investors and hunters should be attracted by the project so that investors knows about the good projects by them.As well as suiting with market situation is a part of project pump.If it doesn’t happened properly then the project will dump..
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coiner-88
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November 04, 2020, 05:16:39 PM |
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Alt-coin extends yet since I have been in crypto-coin I have gone over a portion of this undertaking or some of alt-coins ventures white paper and what astound me is the white-paper substance. rising tasks ought to reinforce their arrangement and goal so they won't bomb except if they are simply misleading individuals and will inevitably dump. Speculators are likewise wary particularly.
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lousie9
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November 04, 2020, 05:52:33 PM |
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in general, a bad project will not be interested by investors, investors certainly choose or take part in a good project, always have further price developments, an active team, always updating the project. So, don't be surprised if you see a project abandoned by developers and investors because you risk losing if you invest in it.
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Nhor1011
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Daxetoken.net
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November 04, 2020, 05:55:58 PM |
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There are only few good and reliable project now in crypto space. The success of the project depends on the project itself and their team. If the project dump and not recover, it means project has no strong foundation and marketing strategy to attract investors and supporters. A lot of project now in crypto are useless and worthless that's why need to make research before joining and investing a certain project.
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peterpanda
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November 04, 2020, 06:06:36 PM |
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As the price of most of the alcoins are depending on bitcoin, it is one of the major reason. The price of bitcoin is growing at this stage, so it is normal for dumping the price of altcoin.
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Naughty Princess
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November 04, 2020, 07:17:24 PM |
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It's very normal cause even 90% of living projects out there are garbage. Very few quality projects showed up in the last couple of years. And if you look into recent projects, most of them took DeFi hype's advantages, pumped after listing and then dumped to hell. That's how this market works. Put your money on BTC and you will have less concern.
Unfortunately, even the most-trusted altcoins are doing not well now. The crypto market picture looks a bit strange this autumn. If Bitcoin is mainly climbing up, other coins (with a few exceptions) are rolling lower and lower. I cannot find the reason for it. That is how crypto works. Sudden high and then dump because that there are token earner who sells immediately after the coin is listed so the volume in the market gets higher and small number of investor takes opportunity to buy the coin. That is normal in the market especially if the coin did not gain popularity.
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Zeehaxan
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WhalesHeaven - Custody Free Swap Exchange
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November 04, 2020, 07:22:24 PM |
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hello dear friend hope you all are fine . today i just talking with myself about new project of crypto , at launching their projects they promise big and big but after months or even some projects in a days go down and did not comes up ... why this happens ? share your thoughts .
Sadly this has been the trend from last 2 to 3 years but i would say that project teams are equally responsible because they never plan to stabilize the price of the tokens neither they take responsibility nor they have any strategy so we cannot only blame the market conditions or the exchanges for that matter.
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reallester
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http://Moonbet.io
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November 04, 2020, 07:34:17 PM |
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This isn't new because there are numerous project wirh no use case launching everyday, especially the ERC-20 ones. All they need is little knowledge and they gather team. Shitty whitepaper and poor communication. If you notice any of these, you should not invest. Invest on coins with values.
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disconnectme
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November 04, 2020, 07:37:34 PM |
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Most of these projects are carbon copy of another project, no new innovation being brought to the table, just look at all these new DEFI tokens, most are forks of another project and when it comes to them adding new feature to their projects nothing and most of the time these people fail to build community around their project and this is the most important thing to have in the space
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Insomnia family
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November 04, 2020, 07:48:36 PM |
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It's no wonder that new projects or new token prices drop drastically for several reasons, the main factor that causes new crypto projects to fall in price, usually what happens when they are first released on an exchange. the holders of course sell after being registered and for profit.
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Gvent
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kittiefight.io Combat MMO Lending Jackpots
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November 04, 2020, 11:04:14 PM |
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hello dear friend hope you all are fine . today i just talking with myself about new project of crypto , at launching their projects they promise big and big but after months or even some projects in a days go down and did not comes up ... why this happens ? share your thoughts .
new projects are created to make money if developers manage to earn money immediately they lose interest in the development of the project and its price gradually decreases this happens in most cases
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