Topic: BUYBACK TOKENS SOLVES DUMPING - page 6. (Read 9827 times)
Buyback is a relative effect but really unpredictable. Miracle tele in my opinion has good prospect and the teams are really working. On the other hand, there are other big projects with serious teams, they did strategic buyback but at the end of the day, it was disaster.
Buyback mechanism is good but it is not every project that has the necessary strength and funds to do so. I've heard of the miracleTele buyback. The team has an already working product so they already had the funds and that is why they were able to do that
It won't solve dumping, because we don't know how the demand for its token could recover once holders increased. Although there's a good chance that it could help the recovery of the price of your crypto holdings, but what's important here is the potential benefit it could give you if you're buying back a promising coins that will have increasing value in the future.
Yes, it all depends on the potential of the coin. If the team decides to buyback their coins, it means they might have something planned to revive its value. But one should be very vigilant on this matter. It might be a trap to potential investors and later on, no development will follow. You should take into account if they are sincere in moving their project forward.
It helps to solve the issue and instill hope in the hearts of investors and holders. I was following a project PDATA, it experienced huge dump after listing but once buy back was announced it rose to about 50% within hours.
It won't solve dumping, because we don't know how the demand for its token could recover once holders increased. Although there's a good chance that it could help the recovery of the price of your crypto holdings, but what's important here is the potential benefit it could give you if you're buying back a promising coins that will have increasing value in the future.
I strongly believe that buyback of tokens helps to minimize dump when it lists on exchange or when bounty hunters have been given their rewards. When people see a big buy wall, they tend to set a higher sell price and they don't rush to sell cheap. This always has a positive result with regards dumping.
I also attest, as evidenced by the recent Miracle Tele buyback program, the buyback both helps stabilize the price and also greatly bolsters the reputation of a project.
If the team is willing to pay ICO prices to buyback the tokens, it's a huge step towards establishing the legitimacy and credibility of that business.
If the team is willing to pay ICO prices to buyback the tokens, it's a huge step towards establishing the legitimacy and credibility of that business.
Yeah sort of, although it might not prevent dumping totally it might significantly reduce the extent of dumping on the coin. It does help if no discount was given to investors since this help them to accumulate much of the coin.
You can think it work but what it they actually dump it intentionally to buy at low rate and pump to accumulate more funds cos we have so many project that did that , even some find it difficult to distribute token to hunters cos of price dump but still surprise when the investors who buy at ICO price are selling below it without hunters tokn be distribute , so who is the dumper if not developer or team , we just have to pray and catch our fish when still alive cos every thing in crypto is becoming something to get out off.
I also really like this strategy from the projects. This will greatly help many companies so that their coins do not fall in price. But here you need to understand that for the purchase of each project will need money at the initial stage, but unfortunately not everyone has it.
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?
Well, it works for the stock market.
But it's not really a healthy way for a coin to maintain its health. Nor even possible for a lot of crypto projects; not every dev has enough to buy back their coins like that.
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 very beneficial for bounty hunters and for investors. Because they can resell the coin at the ICO standard price. But this is rarely done by the project developer, considering this will harm the developer. So they must risk their assets in exchange.
It is a good way for the price to comeback in good shape but this will not last longer.
There will be a dumpers even you do buyback as long as the weak hands having the token it will continue to low.
What we really need is the buyback with good news or development from the team, big partnership or platform launch. new listing on a big exchange.
There will be a dumpers even you do buyback as long as the weak hands having the token it will continue to low.
What we really need is the buyback with good news or development from the team, big partnership or platform launch. new listing on a big exchange.
Yes, buyback is a good idea, it usually ease sell pressure from investors who jump from one project after talking their profit, greedy project find this difficult to do because they do not believe in what they are planning to build.
Buy back is a nice strategy for any coin. It goes a long way to stabilize the price of the token in the market. Economically speaking, when supply and demand are at pal, it stabilize the price but when one surpass the other, it has a positive or negative effect on the price.
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?
The idea behind buyback is a very good one which will enhance the stability of price of tokens. However most team are not truthful when it comes to buy back. I promoted a project last year, by the time it got to the exchange, the bear season had a negative impact on the price and it really dumped, the teamn promised to buy back to stabilize the price, unfortunately, the buyback did not yield any productive result because the team was also buying back at a very low price rendering the aim defeated. in my opinion it is not miserable because there are usually more tokens in circulation than the buyback allocation but it does have little effect because if a token moves backback can be done, it can go up.
it is done to control market prices more stable. but usually only in a certain amount. the project that makes a buyback and is supported by burning tokens for a certain period will make the development of the token price good. especially in the long run. I prefer this event rather than dividends.
in my opinion it is not miserable because there are usually more tokens in circulation than the buyback allocation but it does have little effect because if a token moves backback can be done, it can go up.
I strongly advice buyback of tokens for all other developers that wants to release bounty for their project,its one of the best way to avoid dumps or to avoid making token lose value
If the developer makes a buyback for the token bounty, why isn't paid the bounty from the beginning using the ETH or BTC, so as not to bother making a buyback
I strongly advice buyback of tokens for all other developers that wants to release bounty for their project,its one of the best way to avoid dumps or to avoid making token lose value
If the developer makes a buyback for the token bounty, why isn't paid the bounty from the beginning using the ETH or BTC, so as not to bother making a buyback Jump to: