BUYBACK TOKENS SOLVES DUMPING - page 4.

coin-investor

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Quote from: joseyphil82 on July 12, 2019, 10:57:06 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?

I seldom see these buy-back options on the so many crowdfunding that I've participated in, it's a big attraction and if projects want to guaranty success in their crowdfunding, they should allocate at least 20% of the sales to buy back, if their project is legit and for long term the coins that they are going to recover are their's to sell in the future with a more higher price

senyorito123

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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.

daenarys_stormborn

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it is indeed very helpful in overcoming dumping price tokens, but this is only temporary, and not all companies are able and willing to do this method, because buying dumping price tokens certainly makes the company loss, and the circulation of these tokens will be held more by company compared to investors

snowyNNN

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Buying back tokens is a great idea. Especially if the projects token is down 99% , it's cheap for the team to buy back & give a positive signal
to holders that they are still with the project/token.

Buybacks would be easier if crypto projects made actual profits, but very few ever do.. Grin

memedennis

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Yes in my opinion I think developers buying back tokens can help in controlling the price of such tokens, because every markets has to do with demands and supply.

konflikkastil

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but not all buybacks can provide a positive value on the price of the coin because many projects have done it but have not experienced a price increase, in my opinion all depends on the product and team performance

Mahanton

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Quote from: joseyphil82 on July 12, 2019, 10:57:06 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?

Its a rare thing for a project to have that buyback program because usually do happen on projects when already dumped they do easily leave out dead and move
on to make another project to raise funds.

Buyback do really built up trust into its investors who do believe into the project but you cant really avoid for such dump yet main dumpers are majority of investors itself.Dont always took the blame on bounty hunters.

shinratensei_

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Quote from: MikeyVeez on July 25, 2019, 04:32:33 PM

Pdata announced buyback program. They will buyback 1% of all your tokens. Do you know the result? -50% drop Grin

. I do not think that this is the best way how to protect against dump.

PDATA was doing a very wrong thing, the dump caused by PDATA didn't make its investors feel confidence by release the regular update. the buyback should be more than it. but PDATA team is really bad at this moment.

pageraji

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Buy back token for bounty and airdrop announce by miracle tele is one of example its solve dumping, look on forkdelta when first distribution its pumping and increase every day, it was a good strategy

dautay_crypto

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Quote from: MikeyVeez on July 25, 2019, 04:32:33 PM

Pdata announced buyback program. They will buyback 1% of all your tokens. Do you know the result? -50% drop Grin

. I do not think that this is the best way how to protect against dump.

PDATA is a scam one, and I can not forget how it dumped days ago. Buy back usually help price increases, but it does not right for all cases; especially with scam projects. When investors find the truth about scam projects, buy backs don't have good effects on price.

MikeyVeez

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Pdata announced buyback program. They will buyback 1% of all your tokens. Do you know the result? -50% drop Grin

. I do not think that this is the best way how to protect against dump.

BADBITCH

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The buyback method; It doesn’t solve dumping
It prevents further dump; aid the volume of the token; drive potential investors to buy more ahead
And makes previous losers gain; while present gainers are left to scratch their head if anything goes wrong

Samuel4

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Buy back is a strategy that should be adopted by different cryptocurrency project to save the prices of tokens from uncontrollable dump. Although different project CEOs are not always sincere about the buy back. But buy back should always be used to redeem token prices.

daniel2023

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Buy back most time is a big hit for those that HODL. Why support buyback, it helps to stabilize the price of the coin in the market. On the other hand, the investors also benefit from their investment when the company buys back the coin.

kalstarzz

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The team must repurchase dump tokens, this is aimed at maintaining investors' trust in the projects they are running, in addition to that goal by repurchasing is one of the strategies to maintain price stability.

vanya.pronin.1983

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Without any doubt the most efficient way of preventing token dumping. This should be a lesson to people that are blaming bounty hunters for such things. It is much easier to pass the responsibility rather than to spend some money on buyback.

bitkanu

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Only works if there is limitation in the amount of the tokens will be bought back and the price is not above ICO otherwise the project will eventually runs out of money to fund their project thus no progression.
There are few projects that I've seen using this method and when the buy back mechanism available to their investors the funds prepared is vanished in an instant when the market is bearish. It seems that this mechanism also will hold back the growth of the project because it does takes a lot of resources.

fadhilz123

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Buyback mechanism is the good ways, i agree with you, For project which collect many funds during offering that's good but what happen with project only reach softcap? Not all project can do this

So buyback is good but i think the best ways is work diligently and responsibility to develop the project

CryptoIyke

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Most rich developers do this periodically to increase the value of their coin, Binance does this and burn a certain quantity to maintain a fairly good price, I think this is the idea behind the deflationary tokens but a lot of them were outright scam

Saisher

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Quote from: joseyphil82 on July 12, 2019, 10:57:06 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?

That's really a good idea if the project will be here for a long term and with a good platform, they should do a buyback, investors should only invest in a project that will be implementing a buyback, it's a win-win situation for investors and the project as well.

Topic: BUYBACK TOKENS SOLVES DUMPING - page 4. (Read 9823 times)