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Topic: Binance’s IEOs keep Dumping, but why? - page 7. (Read 1628 times)

sr. member
Activity: 1988
Merit: 453
December 16, 2019, 10:10:09 AM
#89
LOL.. I had warned about this earlier as well. The IEOs are showing a very similar pattern when compared to the ICOs. Similar to the ICOs, the IEOs also started with quite a few promising projects. There was good demand from the investors and the development timelines were being honored by the promoters. After a while, the scammers started entering the market, and with that the number of quality projects began to decline. The same happened with IEOs as well. 
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
December 16, 2019, 10:08:47 AM
#88
It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.

I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market
Whales do not participate in IEO, that's my thinking because every Binance account can only contribute 200-500$, Whales participate in those projects after it is traded at exchanges. That's why the price of those projects is four to ten times higher than the IEO price, and then these whales dump slowly and get profit
sr. member
Activity: 1092
Merit: 271
December 16, 2019, 09:54:39 AM
#87
After what Binance has done for past 6 months, this will be no big deal for them!

Indeed, Binance had been accused of manipulating trades of its IEOs.  The pump after the IEO event and dump when the target price is met.  We can see patterns like that on all the altcoin that perform their IEO on Binance.  And of course the first one to refute it is the possible person who is behind those actions.
full member
Activity: 854
Merit: 140
December 16, 2019, 09:54:21 AM
#86
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.
Matic team have manipulation with their coin price, look and compare with matic price during IEO time and how much investor loss with matic coin price right now, I think matic owner and team have run away and enjoy with how much profit have got during IEO time.
member
Activity: 882
Merit: 13
December 16, 2019, 09:47:29 AM
#85
I don't Binance is the one to Blame why there are some IEO are dumping. Maybe Projects' team are lacking in strategic approach in convincing investors to buy their tokens. Yes Binance is a big crypto exchange but you cannot take away the fact that the team should make their plans before executing their projects.
hero member
Activity: 1540
Merit: 507
December 16, 2019, 05:37:45 AM
#84
It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.

I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market
Why so many people are only taking the whales as the main reason to make the price of IEO dumped to the bottom price. Did you ever think about another possibility just like the pre-mined coin of the team itself getting dumped to the market?
Remember about there was a limitation for token that allocated to be sold on IEO.
that doesn't make sense to mention the whale as a party who create a big dump. Remember the developer can contribute to the dump by send more and more pre-mined coin.
the holders dump it because they don't believe or feel disbelief to the project.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
December 16, 2019, 01:28:41 AM
#83
just because you fail on one coin you have given up, in fact there are many choices of coins that you can trade, why you force a choice.
yes as a bounty hunter you also have to do research first because there are many scam projects so that your work is paid for and does not waste your time.
sr. member
Activity: 1428
Merit: 251
December 15, 2019, 11:59:34 PM
#82
It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.

I think whales participated in IEOs. With millions of dollars in sales achieved in just a few minutes or hours, I think most of the buyers are whales and I think this is only natural because everyone wants to make a profit. The prices of almost all tokens and coins are currently down and not limited to IEO tokens, so I don't think we need to worry as long as the project is still running and has active transactions on the market
copper member
Activity: 111
Merit: 6
wunbit.com Crypto Gaming Arcade
December 15, 2019, 09:24:10 PM
#81
It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.
sr. member
Activity: 1022
Merit: 252
December 15, 2019, 06:58:58 PM
#80
The IEO things is just this year's hype and the projects itself is not really good, people are just making hype making those coins looks like very valueable but they are not holding at all, after the IEO they sold the coins and move to hunt another IEO. Many crypto investors right now are just aiming for quick profits rather than support a project to the top.
hero member
Activity: 2842
Merit: 772
December 15, 2019, 06:56:07 PM
#79
I think this looks terrible because the price fell that far and could make many participating investors lose because of the incident, from cases like that are usually affected by current market conditions or developers deliberately lowering the price of tokens as is happening at the moment.

I wouldn't say its looks terrible, I mean we all know that most of them are really good projects, but with the worsening market conditions, someone will really need to get their money back and then some. That's why the IEO projects are dumping right now.

I'm sure that when the market bounce back and new IEO are still being offered, we might not see this kind of dump in a bullish cycle. Maybe long term investors are still holding, for all we know.
full member
Activity: 523
Merit: 100
December 15, 2019, 06:55:48 PM
#78
The IEO's are dumping mainly because of the people.
I'd say 90% of the participants are here for the quick flip, while 10% actually believe in the project.

So you can expect 90% of the bought tokens to be sold hours after listing, which of course, will reduce the price
Ok, I could vote on your comment only 50 percent because if 100 than you should believe price won't dump below IEO. But I think price could more dump because devs don't sell all coin in IEO, rest of the after pump.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
December 15, 2019, 06:42:33 PM
#77
I think this looks terrible because the price fell that far and could make many participating investors lose because of the incident, from cases like that are usually affected by current market conditions or developers deliberately lowering the price of tokens as is happening at the moment.
hero member
Activity: 1540
Merit: 507
December 15, 2019, 06:08:13 PM
#76
Celr is a stable token on the Binance launch board that is also seeing a significant reduction during this phase. Binance IEOs continue dumping. This scandal greatly affected the market. Is the future of ETH still good?
Im not sure if that will be affecting the pric eof ethereum caused by the agreement has already made by the developer of the token itself and binance. The impact will happen to the price of the token as more people will not be interesting to buy a token such celr again.
Matic has become a real example if there chance of collusion to happen will always there.
Celr is a crap coin and just caused by it has launched on the binance launch pad and that makes celr over rated in the past.
The implementaion was very different with a lot of expectation came to the celr in the past.
That scandal will totally destroy the price of the token and not ethereum.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
December 15, 2019, 01:20:14 PM
#75
Your question is reasonable on the topic title. But how it will be if I reverse your question like, Binance IEO's keep pumping, but why? Is it not true? You didn't see when Binance IEO tokens pumped hard ? So usually it will dump again and pump once again. Their last IEO was Troy, all troy holders made their capital 2x/3x, so I will not surprised if troy price dropped even 4x. It's just normal procedure and it will continue. Because there is whales to bashing us. That's why sometimes wee can see huge pump and sometimes we can see huge dump. I don't think there is other reason except big whales. Team will never want to dump their coin/token.
That's the problem itself, not organic growth is a manipulation. it is not good for crypto development
In the other hand, we are here to make money, including developer. so, there is no guarante that dev wont to dump their token/ coin.

furthermore, dev is one of big holder. so it is very possible. remember how charlie lee (creator LTC) sold his tokens
LTC is one big coin, but it still possible, how about the shit one Roll Eyes
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
December 15, 2019, 01:03:37 PM
#74
The IEO's are dumping mainly because of the people.
I'd say 90% of the participants are here for the quick flip, while 10% actually believe in the project.

So you can expect 90% of the bought tokens to be sold hours after listing, which of course, will reduce the price
newbie
Activity: 59
Merit: 0
December 15, 2019, 12:52:20 PM
#73
Celr is a stable token on the Binance launch board that is also seeing a significant reduction during this phase. Binance IEOs continue dumping. This scandal greatly affected the market. Is the future of ETH still good?
newbie
Activity: 65
Merit: 0
December 15, 2019, 12:49:24 PM
#72
Binance is facing extremely difficult as well as other criticism. Binance's IEOs continue to dump. The market is in serious decline. what should I do now ? Sad
sr. member
Activity: 1246
Merit: 285
December 15, 2019, 12:43:40 PM
#71
Apparently, the scenario of this film have been written long ago by the team. It is just a cliche pump-dump theme. But I do not think there is any other fault than Binance's lie (They probably gave a statement like this to protect themselves) statement on this. The exchange sets certain limits that the amount sent is probably no more than that. In this scenario, there could be another exchange instead of Binance.
Drama that has been set up with the beauty of manipulation. And we all know that this is a pump and dump drama. So what do we really expect? the right tactics like hit and run are the most appropriate in a market like this. Because everyone is in need of profit to cover losses in a bad season. So who is fast will get it.
However, at the beginning of the listing, it has provided many benefits, right? Is not Matic beyond expectations? and we should also understand this as a risk, don't just rely on the big-name Binance, because the risk is everywhere.
sr. member
Activity: 1260
Merit: 251
December 15, 2019, 12:43:25 PM
#70
Bnance launchpad is the main place for investors who like IEO and it looks like every project they launch is always sold. When the first listing, a new project will continue to go up, can even reach its ATH, but after that many fall and look as if they were intended to be pumped and dump. Is that a coincidence? But why can it repeat and fall, so is it profitable for investors?
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