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Topic: Binance listing can't erase price dump - page 5. (Read 1189 times)

hero member
Activity: 2366
Merit: 504
Atleast it opens up to a higher volume market and could possibly prevent it from being manipulated then dumped to oblivion. The exchange itself doesn't take part in trading nor they contribute to the demands created in market by buying it, ofcourse it makes a lot of sense if despite being listed in popular exchange some coin might still be dumped.
member
Activity: 574
Merit: 18
Making Smart Money Work
When a project get listed on binance the project team must work hard to make listing on Binance exchange worth it, most projects that end up losing value on binance is not the exchange fault but how the project team handled the project's progress and roadmap
hero member
Activity: 2128
Merit: 520
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
There are lots of projects who suffered from big dumped and unable to recover, some has been forgotten while some are still trying to survive.
there's no assurance even the project being listed to a good exchange like binance means that it's free from being dumped, if there's no good
updates and the team are not working according to the road map the coin who suffered a huge dumped are hard to recover and rise again.
jr. member
Activity: 1162
Merit: 1
Base.protocol
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
sr. member
Activity: 574
Merit: 250
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.
For low volume Binance can delisted any coin, no guarantee for any coin to good future. Binance listed coin can minimize your research. Long time holding coin choose from Binance exchange. If you have very few time to research than choose any coin which was trading in Binance exchange without any issue, this process can erase your 95% price dump.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
Binance do their part when listing a project, they make volume and liquidity to be available but the rest lies in the hand of the team, how good the project become in time will determine what will happen to the price
sr. member
Activity: 1498
Merit: 251
KUWA.ai
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.

Dump is inevitable for any crypto currency. That a coin lists on Binance does not guarantee its pump. It may only pump on Binance during the time of listing. But the pump does not last. Dump must occur for every coin. If the biggie BTC could dump, what more others. But its better for a project to dump in Binance than other exchanges.
It was getting a huge result on the listing price and it can be considered as a pump. This is always happening almost with all of IEOs the were running on the binance exchange site.
When the early pumpers will be feeling bored and they will dump their bags gradually until the price will go to the bottom. The project that gets dumped can't be considered as good thing.
member
Activity: 742
Merit: 16
Yes even projects that get listed on binance loses value overtime but it's better to invest on projects that are listed on binance than projects that are listed on p2pb2b exchange and others like it
full member
Activity: 646
Merit: 102
http://Moonbet.io
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.

Dump is inevitable for any crypto currency. That a coin lists on Binance does not guarantee its pump. It may only pump on Binance during the time of listing. But the pump does not last. Dump must occur for every coin. If the biggie BTC could dump, what more others. But its better for a project to dump in Binance than other exchanges.
hero member
Activity: 2366
Merit: 594
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.

Volatility is out of any platform's control, it is an inherent characteristic of crypto since the price is dictated by the market and it depends on the demand. Having a coin listed in a decent exchange doesn't necessarily mean that it can control the price. That is why investors and any team should drop the mentality that Binance or any reputable exchange is a safe haven for crypto.
copper member
Activity: 406
Merit: 1
With the potential of Binance they can pump any coin if they want. If they have a reason, they will do. I've seen many coins pump on Binance, those coins are in their wallet.  You can look at the first IEOs on Binance, they pump those coins hundred times. They did that to attract more investors to join next IEOs.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
Listing on Binance is not a guarantee of a pump of the coin price, but I think it depends on agreement between the project team and Binance whether to use MM or not.
I think this applied to every exchange not just Binance. Im not sure if Binance has market maker, but based on the reports on the past, and volume not accurate on their data submitted maybe they have. But it does really matter at all? People hype over Binance is more observed and even though they know that there are manipulation even on legit exchange like this, they just still go for it. This is not shocking cause Binance truly have a good reputation on crypto community.
full member
Activity: 1260
Merit: 100
It is true that listing coin on exchange cannot erase the dump price, but it will create some awareness at least.
If people know about the coin on big exchange, they will try to find about the coin, then if they getting interested, they will buy the coin from that exchange.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
It's not the traders who have been taking the profit but the early investors who have been dumping it so crazy. When a coin already traded above the ico price and early investors will be making the price of coins to go back to the ico price again. The development needs time while the dump can happen easily and anytime.
sr. member
Activity: 882
Merit: 251
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
OK let's say you talk like that but now there are many cases like that when entering the Binance exchange place the price will be very difficult to go down but when it has been removed from the binance exchange place the price will immediately fall because many are panicked and the price is influenced by a projects that are developed from the platform when what is developed has a good influence and can be used as a solution then many will use it and the price will definitely rise whereas if not used there will be many who sell it and dump.
hero member
Activity: 938
Merit: 500
https://youengine.io/
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
I do not believe that the price of Bitcoin can go down for the reason that already Bitcoin mining costs at least $ 6,000. I think that this year we will no longer fall below $ 7,000.
full member
Activity: 896
Merit: 115
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
member
Activity: 153
Merit: 10
There will always be a winner between all of the cryptos space. If you thinking there was a crypto coin that listed on the binance exchange site , well that does;t mean that  pump the price of coin a lot of  bucks it's totally wrong thinking . In Binance There are some  crypto coin have already raised the listing price but the rest may go down with the time scale. Its a project team working and development which surpassed the value not the exchanges, top exchange will provide benefits for the projects if the projects is good enough to trusted to the investors.
 


member
Activity: 490
Merit: 10
April 30, 2020, 02:24:58 AM
#47
Very true, i did few research on many projects that get listed on binance since 2018 and many are down below listed price, let's not treat binance and other top exchanges like Messiah of volatility, price drop will always occur, it's left for project team to keep working hard and not relent just because they made it to binance exchange, constant developments will surely help project to grow higher
Volatility can not be erased from crypto space, it occurs in every single crypto builds out there, only stable coins are build to be stable, top exchanges like binance is what other exchanges should be like but it's a shame that only few exchanges are good, it would have be a different story between new projects and exchanges
member
Activity: 756
Merit: 12
April 30, 2020, 02:17:42 AM
#46
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.

In my opinion, the increase in crypto prices in the market is not because of where the listings are. Prices are formed by demand and supply and I think exchangers help in the area of transaction volume. With a large transaction volume, will create a better price
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