Binance listing can't erase price dump - page 7.

Furious 7

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https://duelbits.com/

Quote from: [email protected] on April 29, 2020, 10:05:40 AM

Quote from: Ryushin on April 29, 2020, 09:33:51 AM

Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future

if a decline is still very reasonable. because most are new platforms that survive the trading volume of traders in binance. when they have benefited, the one who plays an important role in stabilizing or increasing prices is the development team itself. It all depends on their innovations and plans for the future.

In its entirety for the token price increase on the exchange is not the team that did it because the team is only a developer who will have an update to their product so that this token can go up because of the product.
The lack of interest can trigger prices to continue to fall due to lack of confidence in these investors.

Anonylz

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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.

This is a wrong perception by some people believing that once a project is listed on the top most exchange it will retain its price, that is never going to be possible because market will eventually determine the price, and the demand for such project will also play a vital role,
And we all know most coins/tokens don't have such demand that can drive the price and keep it from dumping.
Exchanges can not perform miracle on a project and stop it from dumping.

ampere

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This is totally right, and it does not relate only to binance.
Infact a token listing on 10 top exchanges does it stop it from dumping. There is a difference between a good token in a good exchange; and an average token on a good platform.

Difference always tell, this is why it is imperative that we conduct personal findings before investment all the time.

[email protected]

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Quote from: Ryushin on April 29, 2020, 09:33:51 AM

Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future

if a decline is still very reasonable. because most are new platforms that survive the trading volume of traders in binance. when they have benefited, the one who plays an important role in stabilizing or increasing prices is the development team itself. It all depends on their innovations and plans for the future.

Festac

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Watching Bitcoin past price histories I see whereby Bitcoin loses value and recover months later, Bitcoin fought the toughest battle maybe that's why people now support the coin the most, Bitcoin community is strong for this reason too, every good projects will face big challenges in future, crypto is volatile, people fail to understand this that's why they lose, with patience you will be a winner on crypto space

Ryushin

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Of course binance can't control everything, all they can do is introduce your project to better investors and give high volume, projects team are still responsible for whatever will happen to their projects in near future

cryptoknightt

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A top exchange will provide benefits for the projects listed there, if not, why people want to compete, that the project should be introduced into the finances.
because if there is already such news, the price will rise when the listing is first, believe me, that's what happened.
unlike listing projects in a small market, it can plummet, although in some cases this does not happen in all projects.

FireBallex

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Top exchanges only feed a listed project with volumes and Liquidity, the rest is on the team, they have to keep working hard to make the coins have better value in future, look at how binance team handled BNB token, that's why the coin is doing well in market today

masterrex

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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.

I think there is a misinterpretation about it. I'm a Binance user from 2017 until now and what I observe is most of the time pump and dump is normal on any project that was listed in Binance. during the first day of listing was very exciting because the price continued to pump and then dump on another day. for me thats normal, if those project was offering an ICO or even IEO since those investors are selling their coins/tokens so no exchange can guarantee that there was no dump after listing even the top exchange like Binance.

Furryball

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Its still on the team hand to avoid future price dumps, they have to keep the token or coin alive not binance, they should work on implementing useful features, this will make the coin or token to be more demanding

JeotQ

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Quote from: Tipstar on April 29, 2020, 05:55:41 AM

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.

It's a general trend that any IEO listed on binance starts with a higher price and decreases to reach around the IEO price. It's the IEO buyers selling their coins for quick profit. The IEO price of cartesi was $0.015 and now it's still trading over $0.04 i.e. the investors still have more than double profit.

It's certain that Cartesi price will keep falling until stability takes over, don't know what the price will be though but it's left for the team to keep following the roadmap and bring something better to Cartesi platform and price will spike again

gaston castano

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but most of the currencies listed in binance do not dump immediately, or fall directly above 50%, and, in fact, unlike the projects listed in other exchanges, maybe within a day it could be above 60%.
therefore, listing in the binance is also an added value for the project.

Kaliecious

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the top exchange does not guarantee that the coin / token will rise in price, in fact the new token that is registered at Binance will indeed skyrocket but over time the token will fall.
So there is no guarantee the price will be stable at the top exchange

doctor877

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Anyone that doesn't envisage price dump for a project is not being realistic. Reality involves up and down movement not a single direction movement. That's why some people lose because they do research base on their own greed level.

Cnut237

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

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.

If an initial offering does not hit its hardcap, then that means there is more supply than there is demand. That is the initial driver towards lower prices. So long as supply exceeds demand, prices will fall. For most initial offerings, this is the reason that prices fall like a stone as soon as the coin hits an exchange. Initial offerings are high risk high reward. If you get in on something good, it will sell out and the excess demand will push prices upwards. We are not in 2017 anymore, when everything hit hardcap and crypto-fever was everywhere. Prices and expectations are more realistic now. It is rare to find that hidden gem that will moon instantly. Of course there will be some slow-burning long-term successes as well, but these are not immune to that initial price drop.

bigcash2011

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Even the best can dump, even the giants like btc and eth dumped massively from their ATH levels during this downtrend, if you are holding a good coin and waiting for pump you have to wait till we enter the longterm bull run.

Retainly_Collie

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Second Live

Quote from: popeye95 on April 29, 2020, 07:29:18 AM

Quote from: Tipstar on April 29, 2020, 05:55:41 AM

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.

It's a general trend that any IEO listed on binance starts with a higher price and decreases to reach around the IEO price. It's the IEO buyers selling their coins for quick profit. The IEO price of cartesi was $0.015 and now it's still trading over $0.04 i.e. the investors still have more than double profit.

Can't use Cartesi as an example to generalize all IEOs. We will never know which project is going to surge past its IEO price and I'm sure there is IEO dropping below the IEO price as well. One thing for sure, being on Binance at least help project had a lot of exposure to potential investors.

As for the binance IEOs, I believe you will have a profit of at least 3-10 times when participating in their IEO. That is why the IEO at Binance is always welcomed and engaged

popeye95

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Quote from: Tipstar on April 29, 2020, 05:55:41 AM

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.

It's a general trend that any IEO listed on binance starts with a higher price and decreases to reach around the IEO price. It's the IEO buyers selling their coins for quick profit. The IEO price of cartesi was $0.015 and now it's still trading over $0.04 i.e. the investors still have more than double profit.

Can't use Cartesi as an example to generalize all IEOs. We will never know which project is going to surge past its IEO price and I'm sure there is IEO dropping below the IEO price as well. One thing for sure, being on Binance at least help project had a lot of exposure to potential investors.

Iyeman

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Quote from: JHORN on April 29, 2020, 05:11:17 AM

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

There will always be a winner between all of the cryptos. If you are thinking when there was a crypto that has already listed on the binance exchange site meant that will pump the price of coin a lot of it's totally wrong. There are some of them have already surpassed the listing price but the rest may go down with the time.

blockman

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Dumping is everywhere. A trader should always be prepare for the worst when he's trading. It's a good exchange after all but things like that, yeah, they don't have control of it when a massive trader starts to act accordingly.
There's no way to stop them but to halt transactions which usually happens in exchanges, when price of bitcoin starts to increase or any other assets that's been overflowing in price.

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