Binance listing can't erase price dump - page 4.

Iyeman

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Quote from: litepool.ru on May 19, 2020, 08:25:14 AM

Quote from: r32godzilla on May 19, 2020, 03:00:27 AM

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.

I think the reason for the price hike is because they have so many investors and users in that exchange. They only need a little fomo, the price can increase many times compared to the original price

It's not but it was getting manipulated by the whales. I remember before it will be listed on binance and the whale has already tried to accumulate cheap coins from the old exchange site and the whale will use binance as a place to get the profit or dump his bag.
It's not all about the investors and users.
It's hype that will end in short term.

VDraci

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Stable coins are the only cryptocurrencies that won't lose value, every other coins are volatile, still it's more about how use the coins is for the public, this will determine if the coins will have better value in future, that's all on the team, binance exchange will only serve the coin good liquidity, having better value and demand depends on the coin and the team

LbtalkL

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Even binance is a centralized exchange they did not control the market. The market price is determined by traders, traders are the one who is making the price and not the trading platform. It is just a 3rd party platform that enables us to exchange crypto. But a reputable exchange can bring trust to its traders and not be affected by fud, also, the projects or coin price depends on the quality of the projects itself. Some projects with good development or has a big partnership usually go up.

litepool.ru

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Quote from: r32godzilla on May 19, 2020, 03:00:27 AM

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.

I think the reason for the price hike is because they have so many investors and users in that exchange. They only need a little fomo, the price can increase many times compared to the original price

holly.ball8

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Even what your saying is true, you can't deny that being listed on Binance really have a strong boost to help project offset dumps. On a typical exchange that isn't Binance, those offset is lower and easily trigger a down candle.

Kunnu

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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.

r32godzilla

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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.

minairia3

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Quote from: @baoli on May 13, 2020, 06:59:07 AM

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!

Mammothcoin

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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.

Shallow

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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.

irsada

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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.

Wayrey2020

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Quote from: Festac on April 29, 2020, 05:07:04 AM

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

Valzador

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Quote from: Festac on April 29, 2020, 05:07:04 AM

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.

Drai

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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!

beerlover

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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.

bassbity

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Quote from: Rubick99 on May 13, 2020, 09:18:49 AM

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.

Esterklu

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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.

Rubick99

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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.

Pffrt

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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.

cribusen

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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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