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Topic: Binance’s IEOs keep Dumping, but why? - page 4. (Read 1559 times)

hero member
Activity: 1344
Merit: 501
Vave.com - Crypto Casino
December 26, 2019, 10:36:08 AM
Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins
Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.
Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin.
Some might be using their funds for this holidays seasons so even they've seen loses from their investment they are willing sell it out for the holiday rush, Though it's only for some and not the majorities. The market conditions affects most with introductory projects. bad conditions will pull the triggered and bring wild dumping scene inside the exchange.
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
sr. member
Activity: 742
Merit: 329
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December 26, 2019, 10:12:59 AM
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.
member
Activity: 1540
Merit: 68
December 26, 2019, 06:35:21 AM
Saying binance Ieos keep dumping sounds like you dislike binance

Ieo tokens in every exchange has dumped and lost prices
Some has recovered from the dump, some are struggling and some won't ever come up again

It's a general altcoin dump not limited to binance
full member
Activity: 952
Merit: 110
December 26, 2019, 03:58:57 AM
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
legendary
Activity: 2982
Merit: 1028
December 26, 2019, 12:00:20 AM
Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins
Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.
Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin.
Some might be using their funds for this holidays seasons so even they've seen loses from their investment they are willing sell it out for the holiday rush, Though it's only for some and not the majorities. The market conditions affects most with introductory projects. bad conditions will pull the triggered and bring wild dumping scene inside the exchange.
legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 25, 2019, 11:46:37 PM
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.
Most of IEO are largely overvalued. Some of them also simply recycling the old idea and bringing it up for IEO in order to gather money from the masses. There's actually no distinct difference to ICO in term of result than just being seen as a more legitimate way to earn money after going under review by the respective exchanges. if people are hoping that the result by all these IEO somehow turns out different than ICO out there, they are mistaken and these things couldn't result in different outcomes.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
December 25, 2019, 10:51:57 PM
What really makes the project earn short term success is because of hype and that's the coins listed in Bianance IEO.
However, these coins has a good chance to rise if the market is bullish, and obviously the market now is not bullish and as you can see, BNB token has significantly drop after reaching an ATH this year and that explains a lot about the possible performance of IEO too.

full member
Activity: 412
Merit: 101
December 25, 2019, 10:48:34 PM
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.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
December 25, 2019, 09:55:37 PM
Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins
Never mind people asking question about some kind IEOs coins which continue experience dump in price whereas bitcoin does experience the same thing even with the inclusion of some stable coins.
Guys this is holiday/market manipulation seaso so it normal if some coins dump in price but it most have some dump resistance strength though to prove it to be good utilized coin.
member
Activity: 378
Merit: 15
December 25, 2019, 08:13:12 PM
Coins from top exchange can drop in value as well if the market price keeps dwelling in a red market, no single coin value will be left untouched except stable coins
jr. member
Activity: 206
Merit: 2
December 25, 2019, 07:47:15 PM
the dramatic falls of matic is really painful and it's very sad that it happened in one of the big names in term of crypto currency exchange, their reputation and credibility is at stake right now, if they will not take the right action about this, they will lose a lot of their investors and users.
full member
Activity: 720
Merit: 103
December 25, 2019, 07:29:37 PM
After what Binance has done for past 6 months, this will be no big deal for them!
But the important thing is that this manipulation is not recommended for a big exchange like this. A lot of people lost a lot of money because of matic growth and they lost everything after 1 hour. This may be due to CZ and his team manipulating it, because previously the data showed that there were a lot of people making Long orders and the Matic dump would bring a lot of profits to them. I think Binance is not really a good exchange anymore, they are in a position to make the speculators lose more money.
In this case, the market will soon be empty and everything will fall into one big hole.ICO - in fact, they're dead.IEO - speculators.Where can a simple ordinary investor go?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 25, 2019, 03:41:25 PM
There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.
your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.
It's to be expected that some investors will blame binance for it because the major reason they invested into this coin is because it's kind of being endorsed by binance at the initial phase of IEO and now facing problem they are desperately seeking for the spacegoat though Binance can't be completely blamed for this problem. It's the developer's self initation that causes this problem.
Binance should not be blamed at all in the case an ieo fails, what they are doing is only offering a platform in which you can trade your coins safely from the very beginning, that is all, that should not be taken as an endorsement coming from binance, if that actually happened most likely binance will open itself to all kind of possible lawsuits and they are not going to want that for them, then this means that if you want to invest in a project then you need to consider its merits and not the place in which you can exchange it.
member
Activity: 1260
Merit: 21
December 23, 2019, 03:04:00 PM
Some ieo tokens are already dumping way before btc ever thought of dropping in price, we all know ieo are no different from ico, imagine a project that has no product backing whatsoever is pumped to 70% of its original price, what else should be expected when everyone who participated in the ieo wants to take profit? Definitely it will dump.
full member
Activity: 1638
Merit: 122
December 22, 2019, 02:32:35 PM
Not only are Binance IEO projects being dumped, Okex, Huobi, Kucoin .. the projects which IEO in these exchanges are also dumped seriously. There are altcoins that have dropped 20 times since being listed at these exchanges, so this is the general situation of the entire market as the price of bitcoin is constantly adjusted. At this point, it's best to stay away from altcoins because the main trend is still dump

what about btc ? the trend of btc were also dumped but you werent saying that people should stay away from it  ? anyway  .

all ieo's down that means that the trend for ieo's were now over  .   i thought ieo's are different from ico's ?  but it looks like ico are still better because ico's trend last a little bit longer than ieo's   .  or idk maybe its this only caused by the dumped of the market and not the other way around  . hmmm lets hope so  .
sr. member
Activity: 793
Merit: 250
December 22, 2019, 02:21:04 PM
They raised hard cap and still they do not have enough? Sending a big part from team reserve doesn't look likw normal behavior, don't you think?
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
December 22, 2019, 02:17:51 PM
Not only are Binance IEO projects being dumped, Okex, Huobi, Kucoin .. the projects which IEO in these exchanges are also dumped seriously. There are altcoins that have dropped 20 times since being listed at these exchanges, so this is the general situation of the entire market as the price of bitcoin is constantly adjusted. At this point, it's best to stay away from altcoins because the main trend is still dump
sr. member
Activity: 926
Merit: 256
December 22, 2019, 02:12:39 PM
I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.
well I'm also not a fan of the IEO binance.
and this dumping Matic really shocked me, suddenly in an instant it fell so badly it looked like deliberately manipulating (my guess). Or this possibility happened because the holders sold the whole Matic due for Christmas and new year.


My doubts about IEO like there is also a point, yes initially it might be profitable if you decide to sell the coins when at the highest price, your investment should have returned (ROI). a big market with a good reputation cannot guarantee that everything will be good. after this, IEO investors should start being careful again in the future.
Although Binance has informed Matic's status, they say that there is no manipulation here. But I couldn't believe that the price could collapse 4 times in just a few hours, which made me lose faith in altcoins and upcoming IEO projects. I will have to be careful and consider carefully if I want to participate
You can make this experience a lesson to be more careful because not all projects can provide benefits and there are projects that give losses to our funds like this project. you get a bad experience but because of this experience you can relearn so that in the future if you invest again you have to be more careful and careful because investments always discuss the funds spent
full member
Activity: 657
Merit: 100
December 22, 2019, 02:09:56 PM
MATIC is real project but this sudden dropped is unexpected. Market condition is dosen't matter in the dumping. This is big manipulation something happened otherwise no reason to such falling down. Last 10 days price chart is horrible, very sad for which holders. I don't think here Binance directly involved.
hero member
Activity: 812
Merit: 512
December 22, 2019, 01:57:01 PM
I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.
well I'm also not a fan of the IEO binance.
and this dumping Matic really shocked me, suddenly in an instant it fell so badly it looked like deliberately manipulating (my guess). Or this possibility happened because the holders sold the whole Matic due for Christmas and new year.


My doubts about IEO like there is also a point, yes initially it might be profitable if you decide to sell the coins when at the highest price, your investment should have returned (ROI). a big market with a good reputation cannot guarantee that everything will be good. after this, IEO investors should start being careful again in the future.
Although Binance has informed Matic's status, they say that there is no manipulation here. But I couldn't believe that the price could collapse 4 times in just a few hours, which made me lose faith in altcoins and upcoming IEO projects. I will have to be careful and consider carefully if I want to participate
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