Topic: [ANN][ICO] CROM - TRANSPARENCY, TRUST AND LIQUIDITY IN PERFORMANCE MARKETING - page 20. (Read 28176 times)

Can you explain why a fall in ethereum price is a great relief? And what is the correlation with the ICO success? Thanks in advance

Great relief is coming from the fall in ethereum price. Not sure whether will shoot up again today. If it falls further or stays here then there is a good chance that ICO will be successful.

Panic sell is the worst. I would never sell when the price is low. Buy low sell high is the general advice

crypto's always hectic and will probably will continue to be till bitcoin stops being 50+% of the marketshare, i'm excited to see any gain etherium/iota/dash/etc have to split the market share as it is bitcoin holds too much weight in the overall market trends...

As for crom releasing, turbulence is part of life in the market it will survive it, its just something these companies have to learn to deal with and set money aside to survive.

10000$ was a virtual limit a very big one that people used to trigger a massive pump and dump, i mean seriously no one saw this coming after btc hit the magical 10000 and suddenly out of no where jumped another 1500$ in one day? of course it was going to correct it was the most obvious pump and dump ever on a huge scale.

We're back to where most people naturally thought bitcoin would be at this point... As for the other coins that also dropped thats because btc market share is so high any change in it tends to flow across the others as btc is the standard for currency transactions, most people trade in and out via btc most prices are marked against bitcoin due to its market share... just like most currencies are marked against USD so if USD takes a hit the whole world tends to feel the impact.

When bitcoin does well its a good sign for the market when it takes a hit so do the others atleast in the short term... Thats why its so important to try to spread the popularity to new coins/tokens and platforms to diversify the marketshare percentages to get bitcoin from 55% down to maybe 20-25% over time

Yeah it’s very worrying all my crypto investments are severely down at the moment, need a big pump soon. Feeling a bit worried about Crom being released in this market!

It's the same at a lot of projects. There are just some investors who are in for a short time profit and will flip the tokens right after the ICO when they get some profit. And others who want to hold for a long term because they believe in the project.

Here again, it is decisive with which expectations everyone goes into this project. Sounds almost like you would immediately dump if the course promises a relatively high price. I believe Crom will only after some time fully unleash his potential and show on the market.

Look today again. ETH is falling really hard down. In the morning i saw that Ethereum was over $500, but now it is back at $400 dollars again. Many coins are now also falling down, and I think that everbody is selling their coins.

Altough i agree with you on most points, i do see where that dude was coming from in your chat. A correction is common and should not be feared, however this time there was a massive sudden pull-out out of the entire cryptocurrency market of 60-70 billion. consequently all coins dropped an average of 15-20%. And like not, just some or just the top coins, no like every coin at the samen time. pretty scary shit to see

lol i find it funny people are so upset that coins dropped some guy on a chat just said "omg the end of crypto is here" LMFAO, bitcoins still up last time i checked it was still up for the day even (+0.25% for the day) it was a correction.

Eth will continue to rise, but people need to calm down when it comes to corrections, you can tell the people in this market that are new, crypto is great cause its a profitable area that can go +100% in a day, but that also means it can -100% in a day, the way the coins work and due to supply and demand, it will always fluctuate but in most cases like in bitcoin the fact supply is limited will always drive prices to an equilibrium and then higher as demand grows based on publicity and network growth.

Tokens like crom are the same they depend on getting the word out and creating usage and demand for the tokens.

yea, this massive dump in the crypto market hit me hard, like 60 billion dollars was pulled out at once out of the whole cryptomarket ;( Well more reason for investors to put their ethereum in CROM before the price further decreases!

I think before the end of the year is going to be a big time for cryptos, every crypto is down massively at the moment but hopefully we will see people pump the altcoin markets after bitcoin hit all time highs!

Now that ethereum has risen and its price is going up very high since the last weeks eventually CROM will rise to because it is based on the ethereum blockchain technology i even think that CROM will be one of the best definitely a promising ICO.

exactly, thats why im not all too worried about a big dump after listing. The bonusses they gave are very limited, so the amount of free coins are not that high. Given that most dumps consists of the free bounty coins, i would think the drop after listing will be quite small.

It can be hard to not to fall into a panic when you see the price crashing but you’re 100% right you need to HODL your tokens and fingers crossed the project will be a success!

Good to see CROM is getting advertised well, it should be even better once the public ico stops and we start hitting the exchanges for trading. Public are really looking interested.

Yes I know. There is always a dump after the ico. That's why I prefer not to look at the first few days :-) I'm also one of the holders, I'm mostly patient and I'm not afraid of the dump. Crom will certainly make us happy

Their are 2 types of people, people who get airdrops and just immedately drop them on exchanges regardless of what they open at, and those that HODL and hope for the best...

I figure hope for the best and HODL is the best as if crom is the 1 out of 100 that  erupts like say DASH, its worth it to HODL

Its inevitable that people will dump their tokens especially the ones who have received bounties and bonuses. I fully support the project and I’m looking to HODL!

It should be list on multiple exchange so volume would be increased. That will more helpful to group with high demand.