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Topic: Binance’s IEOs keep Dumping, but why? (Read 1559 times)

hero member
Activity: 1008
Merit: 531
January 18, 2020, 06:34:20 PM
Why? Because Binance doesn't have the obligation to keep their prices afloat.

Their only job is to host a market on which buyers and sellers of the token can meet and trade with sufficient liquidity, that is all. They don't have the job of making sure that the market price of the token stays above ICO price.

So if the fundamentals of a project deteriorates, of course the free market is going to respond. There is really no way around that.
hero member
Activity: 2800
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 18, 2020, 06:33:22 PM
IEO tokens or coins are new projects, it takes time to develop even though altcoin season comes, I'm not sure about them, it is only natural that dumps come over to those coins
People are used to the hype that IEO has when it's initially known by people like back then when all the IEO are overvalued and always pumped. Now that the reality has become the opposite and people already realize that these IEO actually don't worth that much people starts to questioning why it's keep dumping. Nothing last forever I guess.
sr. member
Activity: 1890
Merit: 252
The OGz Club
January 18, 2020, 06:28:02 PM
IEO tokens or coins are new projects, it takes time to develop even though altcoin season comes, I'm not sure about them, it is only natural that dumps come over to those coins
full member
Activity: 1386
Merit: 101
ComboLabs
January 18, 2020, 06:18:59 PM
Those IEOs were based on nothing but hype. Now the hype is over, cryptocurrency market has as well failed to moon as everyone expected by now thereby making Binance IEOs reveal their real worth which is nothing as they're utility tokens.
the most important thing is that many investors have successfully benefited from IEO, Harmony, Matic, which was launched at Binance, a huge success, making investors get profit up to 3x, what do you think?
sr. member
Activity: 756
Merit: 257
Freshdice.com
January 17, 2020, 07:54:13 PM
I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting.

Many have seen it coming just like old ICOs before that no longer exists in the current market. It is unfortunate to see that the number of IEOs that turning to same fate of the old ICOs before are increasing. Massive dumping really makes small-time investors into disadvantage. I hope issues like this, can still be solved or else if it continues on with other projects, more people will lost interest in investing.
sr. member
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 17, 2020, 07:00:40 PM
No one is a trustable one hundred percent, not the Matic squad, not the CZ. CZ said MATIC didn't exploit this, but who knows? Crypto world has the previous record that the project team deceives investors in smart ways several times, this year we've seen Populous team do it, so I think this big dump came from the MATIC team or whales, but the price will soon recover, Binance team will cover it.
jr. member
Activity: 714
Merit: 3
January 10, 2020, 03:10:23 PM
Those IEOs were based on nothing but hype. Now the hype is over, cryptocurrency market has as well failed to moon as everyone expected by now thereby making Binance IEOs reveal their real worth which is nothing as they're utility tokens.
jr. member
Activity: 441
Merit: 2
Theagriverse.io
January 10, 2020, 03:02:56 PM
It isn't Binance fault if an IEO launched on the exchange dumps. It's the project's job to maintain a certain level of trustworthiness so that a rumour wont spearhead a dump. Moreover since the dump, Matic has gone back to where it was before.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 10, 2020, 02:46:10 PM
Well investors are now wise and one thing that makes Binance IEO Dumping is the difficulty attached to participating in the IEO. The modus operandi of the IEO activities are just too cumbersome hence the reason for the massive dumping. Its just asif the IEO are only mearnt for whale and there are no locked period attached to most of the IEO
I do not really think that there is any whale participating in ieos, first of all because if they wanted they could buy the entire supply of an ieo and second because even if they invested in an ieo and they were successful in their investment the money they are going to get is not going to be worth the effort for them, make no mistake the market of ieos is for small investors that do not really know how to profit from good coins like bitcoin, because if you knew how to do that you will never give any attention to ieos.
full member
Activity: 546
Merit: 100
January 06, 2020, 07:38:38 PM
IEO has become a very popular business. Everyone bought tickets and waited. Even the newly released token continued to rise for a while. But now the sea is over. This story is over, friends. Now be very careful when investing in IEO. We're in an artificial field.
jr. member
Activity: 53
Merit: 1
January 06, 2020, 05:37:20 PM
Well investors are now wise and one thing that makes Binance IEO Dumping is the difficulty attached to participating in the IEO. The modus operandi of the IEO activities are just too cumbersome hence the reason for the massive dumping. Its just asif the IEO are only mearnt for whale and there are no locked period attached to most of the IEO
jr. member
Activity: 58
Merit: 1
Worlds Simplest Cryptocurrency Wallet
January 06, 2020, 04:23:55 PM
IEOs dumping is really not abnormal, even none Ieo project are same as i know, this is not fault Binance, i think  binance not control IEOs price. IEO project price pumping dumping is normal.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 06, 2020, 04:11:01 PM
However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything.
If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.
Why waste your time with ieos? You have admitted yourself that you are seeing those coins being dumped after getting listed in an exchange, meaning that the majority of the people in the market are not really interested in them, and if the community is not interested in those projects then how exactly do you think you will get profits? Concentrate in the few good coins in the market, I know they will never give you the profits those ieos promise but most ieos are not going to give those profits either while established alts have a real chance of bringing you profits in the future.
full member
Activity: 657
Merit: 100
January 05, 2020, 03:50:50 PM
Binance IEO projects must drop in value since bear market is still alive and kicking, even bnb token dropped a lot too this is not a problem, if i were you i will keep buying the deep, IEO projects from binance are better than other new projects
A lot of real products project can't create HYIP because those are not listed such as Binance exchange. I don't think all of the Binance launched IEO's projects are deserve such over price which is temporary than gradually dumping hard. BNB dropped for affected the overall market.
legendary
Activity: 1288
Merit: 1011
January 03, 2020, 12:33:42 PM
yea this drop was a scary dump.. Binance is very strange with its IEO's
IEO is just like ICO just have a 3rd party that wants its cut too
this dump is something that keeps reminding me not to buy after a coin does x2 x3
just like XTZ and LINK did in this year, i think that its going to fall hard soon

XTZ is pretty strong with staking being the trending thing now, It has lot more to gain. Binance IEOs, tokens,coins everything is pretty fucked, No one is buying these because people aren't making much money with them. Once the next Altseason (If ever) starts things will go nuts again.
sr. member
Activity: 896
Merit: 251
January 03, 2020, 11:20:16 AM
However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything.
If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.
but I think mistakes exist in projects that cannot dominate the market. but if the project has a good level then if there is a dump, I think it's a market channel and we have to wait even longer to see the project work. because I think everything depends on the project and binance just provides security
hero member
Activity: 1092
Merit: 500
Life is short, practice empathy in your life
January 03, 2020, 11:09:38 AM
However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything.
If the tokens are dumped after getting listed on the exchange, why investors should keep faith in the new IEOs? The risks are always actual no matter how bad or good the market we trade. I will divide my investment between the IEOs and new altcoins. Good choices don't make investment more profitable, the market does in my market experience.
full member
Activity: 1190
Merit: 100
January 03, 2020, 11:05:38 AM
However the issues that occur in IEO binance. They are always a good choice for investing in IEO, rather than having to take greater risks in other exchanges. for price reductions, for me is common. Compared to losing everything.
full member
Activity: 1099
Merit: 116
January 03, 2020, 09:56:51 AM
For a long term answer, it's because all coins that undergo IEO in binance are also altcoins Cheesy. They possessed what alts should be. Like it could experience dump and pumps.

For a short term answer, since it's an IEO from binance, it would take a lot of pump as binance makes a pretty good platform for a lot of coins because of its popularity.

The most important reason is that altcoins are now on the way of ruin. Almost all altcoins are facing dumps and dumps. In Binance, IEO is taken place for altcoins. On new investment in altcoins are very pessimistic from the investors. So they are coming to invest again.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 02, 2020, 03:28:37 PM
We are at the end of the IEO season. I'm excited. I don't know if it will. But the price of Ethereum leads me. The Ethereum will soon switch to the POS system. The price of Ethereum fell to around $ 130. I plan to invest by making the right plan. Ethereum price can be reduced to 70 dollars or 350 dollars. I'm going to invest in them. Binance's short-lived IEO excitement.
The end of IEO season is not near unless the new model of token sales becomes available for the crypto investors. There is HYPE in the recent token sales, the contribution of HYPE provides the emotional craziness and adding this factor with the limited supply, the reasons for previously successful ICOs can be elaborated.
I do not really get where you get the idea that in order for something to become useless it has to be replaced by something new, it is clear the ieo model has failed and that is because investors are focusing on the wrong thing, the method to fund a project is irrelevant what matters is that if the project you are funding is any good and many investors never really take the time to research the project in which there are investing, they only care about the hype it has generated and if they can obtain profits with it regardless of the quality of the project in question.
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