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Topic: BUYBACK TOKENS SOLVES DUMPING - page 3. (Read 9827 times)

copper member
Activity: 280
Merit: 5
August 02, 2019, 01:29:00 PM
The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?
yes that's true,  but why some team don't do a buy back is because they don't have the money to do a buy back. They must have lied that they raised money when they actually didn't and the token prices on exchanges keeps looking bad
hero member
Activity: 812
Merit: 503
August 02, 2019, 01:26:13 PM
Yes, buyback solves the issue of dumping temporarily.  Why I used temporarily is because after the buy wall placed by the team is cleared and there is no substantial development with the project, many people won't have reasons to hold for long term. Well, quarterly  buyback , that's done after a given period of time helps a great deal to reduce dumping, since investors are aware that the team buys back periodically.  A dumper will normally check the buy wall, if not impressive then FUD sets in and he/she dumps cheap, the reverse is the case.
member
Activity: 1274
Merit: 14
August 02, 2019, 01:18:43 PM
Making a ransom is of course a good idea, but not quite enough to keep the price of the token. Comprehensive measures are needed to support the project as a whole. Only really working and developing projects will be able to stay afloat.
member
Activity: 434
Merit: 19
August 02, 2019, 12:13:59 PM
Some buyback from project developers are bad idea because it wasnt planned very well and some projects buyback is nothing different from bounty hunters dumping on exchanges because they buyback at ridiculous price.
sr. member
Activity: 812
Merit: 250
August 02, 2019, 11:19:03 AM
I have to agree with you. Since this is the only way out of this trend. And in this case all remain happy with but especially bounty hunters.
full member
Activity: 1820
Merit: 107
July 31, 2019, 09:42:04 AM
Buyback mechanism can solve temporarily and made the price to estabilized in the short period but eventually if the investors want to dump it will dump thats why Buyback is just like a band aid solution and not solve the problem of dumping in the long run. the real lasting solution was finding the way to increase the demand and utilization to drive the token price slowly.
full member
Activity: 588
Merit: 101
July 31, 2019, 08:53:33 AM
the buyback program is one way to keep the price of tokens stable and foster trust in investors, but this is not the only way to avoid dumping. indeed some of the projects that carried out this program succeeded in growing the tokens they developed, but there are still many ways from developers to grow their tokens.
legendary
Activity: 1344
Merit: 1001
July 29, 2019, 06:59:42 PM
This type of analysis is not right without reflecting the market situation and future viewpoint of the project roadmap. Buyback does not solve the dumping process, it just decreases the time for dumping from my experience. It is a proven statement by big investors and I don't deny the fact about the responsibility of teams but this is simply one side problem. Dumpers will drop the price of the coin and this entire manner provides more liquidity.   
legendary
Activity: 3416
Merit: 1225
July 29, 2019, 06:42:25 PM
The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?

I believe that projects should allocate at least 20% of their funds to buy back and use the token that they bought for the team's future profit and development of the platform, but of course, it could happen, if they have limited tokens in their hands, like they burned their unsold tokens, or they locked the developers token, or all tokens are sold out.
copper member
Activity: 966
Merit: 14
July 29, 2019, 05:45:23 PM
This is true because I have seen most projects which did it and was able to control dumping to a certain extent. I think when rightly done on intervals it will make the price of a project valuable. Nevertheless, buyback programs should be duly checked, that is the project doing such and if they really had a successful Public sale; as it can also be used to lure Investors.
full member
Activity: 854
Merit: 102
July 29, 2019, 04:22:54 PM
The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?

Indeed, the Buyback system is a system to avoid a dumper. But companies rarely do this, unless the company is truly successful as planned. CHELLE Coin may be one of the projects that have been running as expected. So the team dared to buy tokens that were below the ICO price.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
July 29, 2019, 03:15:18 AM
The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?

It would be a good option for the project devs to consider. Anyways, it's always up to them whether they do this strategy or not. Buy back bounties, will lower the price drop when initiated by the project owners before hitting exchange.
hero member
Activity: 1624
Merit: 500
July 29, 2019, 03:12:51 AM
it only delay the decline. when there is no support from the market to increase purchasing power of course it will definitely go down. because with a stable price it will trigger some holders to hold or sell more.
It is true. it only slows down the time to have a low price. what needs to be done to prevent dumps is to improve the quality of the project. when a project has actually become better, it will certainly make the price go up, even that will make it stable.
copper member
Activity: 812
Merit: 6
July 29, 2019, 03:02:43 AM
The buyback mechanism really have good effect on dumpers trying to dump their tokens ,lately two projects I promoted started buying back their own token from bounty hunters or big whales who wants to sell off and move on ,the first project is miracle tele project and the buyback is already on going ,the second one is about to start and the name is CHELLE Coin, buying back tokens is a brilliant idea what do you guys think?
Of course its cause big positive effect on coin price, but buy back is actually a expensive way of spending marketing budget and only few projects can handle it. Exchange marketmaking is looks similar for me, but without a load announciation in way liks "we buy back million of tokens..". I know PDATA project, they announced buy back event with $5000 budget, lol Smiley
member
Activity: 504
Merit: 16
July 29, 2019, 02:06:41 AM
Not all buybacks are good,some project teams takes advantage of the buyback to buy at a ridiculous price from hunters,just imagine if  the project token costs 0.06cent and the buyback is at 0.001 how is this a reasonable buyback? Not all projects are capable of a good buyback program
member
Activity: 430
Merit: 10
terra-credit.com
July 29, 2019, 02:02:35 AM
it only delay the decline. when there is no support from the market to increase purchasing power of course it will definitely go down. because with a stable price it will trigger some holders to hold or sell more.
legendary
Activity: 1036
Merit: 1000
https://bmy.guide
July 28, 2019, 05:37:59 PM
Buyback model bounty campaigns do not solve the mentioned problems in my humble opinion. Dumpers gonna dump, the affords of the team have no special effect on this case from my experience. Let the bounty hunters help liquidity conditions of the altcoin market and don't act like that altcoin always should go up. Bounty buyback promises are not fixed and it changes after the end of the bounty campaigns as far as I know.
member
Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
July 28, 2019, 05:32:16 PM
I also believe that this is a great solution to the problem of dumping prices. It seems to me that each team should have funds set aside just for this case. But unfortunately this is not everyone's strength and that is why we have such a result.
member
Activity: 308
Merit: 10
Bitcoin is the future
July 28, 2019, 05:23:04 PM
Buying back tokens won't stop project from dumping, rather, a good project with the right hype and use case will help keep the price afloat.
hero member
Activity: 924
Merit: 520
July 28, 2019, 05:07:27 PM
In my personal experience, that doesn't guarantee solving dumping. Last Christmas I bought back the tokens I got from a bounty campaign, but unfortunately it wasn't gaining a good price after. Yet the bearish market came and the value was too cheap until. My options is to hold and wait until it recovers back at profitable price.

That is right! A buyback mechanism may solve the dumping problem temporarily but its not a viable long term solution adding to the fact that dumping is quite a normal occurrence in crypto markets and most likely cannot be avoided yet one way to ensure a price recovery and long term price stability is to continue developing the project and offer innovative features to make it more attractive to investors and the whole crypto-community in general.
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