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Topic: Binance’s IEOs keep Dumping, but why? - page 3. (Read 1628 times)

full member
Activity: 1134
Merit: 103
December 27, 2019, 09:57:32 PM
Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.

Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices.
sr. member
Activity: 938
Merit: 251
December 27, 2019, 09:57:06 PM
Have the end of investing with IEOs although with Binance exchange market, I think we need stop for investing with IEO until bitcoin and altcoin back with higher price, many developer try to get chance for investors where they sell coin during IEO with higher price but when listing on Binance always price dump and very cheap than IEO price.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
December 27, 2019, 09:55:54 PM
of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.
all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.
Every IEO at Binance is profitable for investors but if you are the following investor, the chances of making a profit will be very low because this exchange often tends to sell more when an IEO project ends. I personally am very fortunate to participate in more than 5 IEO projects here and have made a huge profit so for me Binance is the number one choice at this time.

However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved.
You are truly a lucky person, I have also tried to join IEO in binance since they first launched IEO, but as a result I have never become one of those lucky ones.
To be honest, no one has invested in IEO projects after it is listed at the exchange because the price is usually pumped 3-5 times higher than the IEO price, too dangerous to be able to invest. . So after being listed at the exchange prices will tend to dump, along with the strong bear market, the dumping of tokens is inevitable
hero member
Activity: 1778
Merit: 504
WorkAsPro
December 27, 2019, 09:49:10 PM
of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.
all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.
Every IEO at Binance is profitable for investors but if you are the following investor, the chances of making a profit will be very low because this exchange often tends to sell more when an IEO project ends. I personally am very fortunate to participate in more than 5 IEO projects here and have made a huge profit so for me Binance is the number one choice at this time.

However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved.
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
December 27, 2019, 06:27:05 PM
Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.
hero member
Activity: 1680
Merit: 506
Trphy.io
December 27, 2019, 04:17:28 PM
of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.
all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.
full member
Activity: 1210
Merit: 100
December 27, 2019, 01:42:43 PM
Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.
besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

In this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing,  between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market,  can't blame them.

of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.
member
Activity: 1260
Merit: 21
December 27, 2019, 01:31:18 PM
Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.
besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

In this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing,  between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market,  can't blame them.
full member
Activity: 812
Merit: 100
www.cd3d.app
December 26, 2019, 01:10:42 PM
Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.
besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

jr. member
Activity: 294
Merit: 1
December 26, 2019, 12:56:33 PM
It is a simple way for the developers to create money out of the thin air. You should not trust and invest into IEOs even though they are in a big exchange because it is still in a critical stage since they do only prove nothing. Invest into a project that has accomplishment where you can base your decision if you are going to be in that project for long term or not.

yes, but that doesn't mean that the IEO project in binance is a sign of danger, because smart investors will know how to swim or dive in it. but after seeing the recent MATIC coin price decline, I think investors should be more careful before choosing any coins and be vigilant before swimming there.
jr. member
Activity: 54
Merit: 2
December 26, 2019, 12:53:49 PM
They were probably using the same pump-bots as tron so they got rekt once they stopped pumping. So dangerous trying to trade all these shitcoins.
This was a shit-move by a shit coin and gives even more arguments against Binance and shitcoins.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
December 26, 2019, 12:45:28 PM
Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
December 26, 2019, 12:41:58 PM
No one is a hundred percent trustable, not the CZ not the Matic team. CZ said this manipulation did not come from MATIC but who knows? Crypto world has the previous record that the project team deceives the investors in smart ways many times, this year we saw Populous team did it, so, I think this huge dump came from the MATIC team or the whales, but the price will recover soon, Binance team itself will cover it.
Large Matic investors sold off due to a fake tip off or something similar, this doesn't mean Matic is a bad project and it all went well because it's from binance if not it would have been a disaster
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
December 26, 2019, 10:51:38 AM
The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious.
i could agree with it but there are some people saying that exchange sites are also manipulating the pump that already happened with those IEOs. But i believe if they are dumping caused by no good progress. When bitcoin goes bearish trend and it makes the dump even crazy
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
December 26, 2019, 10:33:21 AM
The simple reason may be because the IEO tokens have been hyped up to their actual value from the moment they were listed. IEOs are still largely at the idea stage, with no actual product applied to increase token value, their price reduction is obvious.

Of course, IEO tokens are overvalued, however, you need to understand that all the coins on the market to some extent have a speculative nature.
The market is constantly on the move, this helps people with large volumes to earn on this kind of dynamics.
The same thing happens with IEO tokens. They initially entered the market at an inflated price, in addition, the demand for them significantly exceeded the supply.
sr. member
Activity: 658
Merit: 250
enterapp.io PRE-SALE IS LIVE
December 26, 2019, 10:19:45 AM
This is the worst IEO that I ever know, volume so small and the price look's like garbage. There's no right reason why IEO dump so bad, the prediction is whales manipulate volume but we also know Binance already take care IEO until done, which one is true?. I'm not blame anyone or red market because this is too accidental, look the price when reach the point go down with our break. Now I have another reason to stay away from IEO, got no profit and lost 10% from my fund.
hero member
Activity: 1220
Merit: 612
OGRaccoon
December 26, 2019, 10:09:33 AM
Matic is one coins that actually did a full re-trace back up I think it was one of the more successful launches on Binance.
Look at Ankr they basically wiped the market out down to 21 sat's.

https://www.tradingview.com/x/1gEgpFMr/

If you had bought Matic at launch you would still be in the green now.  
The fact that the market did a full re-trace is very good it gives those who invested early a very good return.



sr. member
Activity: 1022
Merit: 252
December 26, 2019, 10:06:33 AM
I think the price of Matic dump is because large matic investors sell all their Matic, this is a normal occurrence if the price of tokens has gone up high, large investors will sell their tokens, not just IEO tokens

I think not just the investors buy there must be a game from the officials and the crypto big people on those MATIC dump, and also other IEO coins from binance are not having a good time because i think investors are tired making an investment on cryptocurrency because there are so many projects out there and the communities are not solid just like years before.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
December 26, 2019, 10:02:28 AM
So many big events and holidays are approaching, which forces investors to dump some of their assets, this money is to prepare for a change and start for a more wonderful new year, and as we all see, from our bitcoin locomotive to the altcoin, all have been bled, the IEO of the major exchanges is no exception. In addition, binance's IEO is no longer providing returns as it was at the start, a lot of data shows the weakening of IEO and investors may be tired of this plan, only very few investors continue, they usually sell as soon as they have a little profit, others who do not keep up will fall into the situation of dumping
They are just speculators, not real investors, so when the market gets gloomy or slumps, they become scared and sell things even at a loss.

After all, they are greedy people because of the promise of IEO referrals. Without knowledge, without clear goals, failure will inevitably occur.

hero member
Activity: 1008
Merit: 501
December 26, 2019, 09:47:59 AM
No one is a hundred percent trustable, not the CZ not the Matic team. CZ said this manipulation did not come from MATIC but who knows? Crypto world has the previous record that the project team deceives the investors in smart ways many times, this year we saw Populous team did it, so, I think this huge dump came from the MATIC team or the whales, but the price will recover soon, Binance team itself will cover it.
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