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Topic: BUYBACK TOKENS SOLVES DUMPING - page 7. (Read 9834 times)

member
Activity: 742
Merit: 21
Be the reason someone smiles today
July 17, 2019, 01:05:31 AM
Buying back tokens might resolve the dumping problem only temporary, as it depends on what happens to the bought tokens.

If thwy will be released through bounty/airdrop programs, they will be sold again at very  cheap prices.
member
Activity: 560
Merit: 28
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July 17, 2019, 01:02:27 AM
#99
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
hero member
Activity: 1246
Merit: 501
July 16, 2019, 11:24:25 PM
#98
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 was a good strategi to avoid dumping, on miracle tele when buy back news spreading exchange on forkdelta price is moving up, but one problem that KYC process on tele website is too slow responsible
sr. member
Activity: 882
Merit: 250
July 16, 2019, 10:48:36 PM
#97
That is true ... Doing buyback token from the dumper ( panic sell ) can solve the drop of price.
Good project always doing this to defend their projects.
besides it solve price drop, its also growth investors confidence to the projects.they look it as serious action from developers team.but so far its very rate to see dev team buy back token .i only i see one projects that doing it , that is Pundix.
sr. member
Activity: 1022
Merit: 256
July 16, 2019, 10:14:35 PM
#96
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?

Buyback idea is a good initiative by the project team. It means they are putting value to their tokens. They do not want any unnecessary dump. If someone wants to dump, the team will absorb it, causing no damage to the price. However, serious dumping is something that is caused by losing trust, very slow to no development or progress at all, unresponsive team to concerns and issues, lack of innovation, repetitive failure to fulfill what is on the roadmap, etc. A project cannot prevent dumping by buyback if the mentioned factors are present. 
full member
Activity: 1036
Merit: 100
July 16, 2019, 10:04:42 PM
#95
I do not see why it makes sense to do. For example Miracle Tele is now buying back tokens and in the same time they are selling tokens to investors for same price. I thought that ICOs need to collect money for product development and not for sales mediation  Cheesy.
I agree with you, the buyback method is a very brilliant method, which method can be used as a solution for dump tokens, many projects have to be willing to die due to dump prices dropping to no value at all, of course this will be a loss for investors, many projects that only sell sales do not provide a solution if there is a dump, they only hope that investors or traders can stabilize the price of their coins, which is less effective and not independent.
member
Activity: 193
Merit: 11
July 16, 2019, 09:21:27 PM
#94
Buyback is not only stablize price, and somehow can not stabilize price, because there is no one, no company can control price on market. However, via buy back events, they can give investors positive feelings, or help them feel better after tough period, then they will stop panic sellings, or keep holding their tokens and wait for more growths.
member
Activity: 812
Merit: 11
July 16, 2019, 07:07:50 PM
#93
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?

Buybacks can be an alternative to recovering prices but I think it's only temporary. Prices on the market depend on supply and demand, if small demand or investors are not interested or trust in the project, investors will always sell and buybacks become ineffective. I think the most effective way to recover prices is on the project itself because investment is about trust
member
Activity: 490
Merit: 10
freelanex.io
July 16, 2019, 06:50:36 PM
#92
In that case, a project team is an important part of trying to pump tokens from the project, but in fact, many tokens are sinking after dumping occurs. So investors certainly don't want to buy tokens that are abandoned by the project team.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 16, 2019, 06:48:55 PM
#91
I do not see why it makes sense to do. For example Miracle Tele is now buying back tokens and in the same time they are selling tokens to investors for same price. I thought that ICOs need to collect money for product development and not for sales mediation  Cheesy.
it is to stabilize the price of their tokens on the market. it is the first step in community trust so that their trade continues to increase. when their market is good, and later supported by product launches it will be an extraordinary pump.
they can't stabilize the price and do you think with the buyback and everything will be under control by the team? It can prevent the dump for a short time but it can't prevent the dump that created by the team like it has no good news after the run of development progress.
hero member
Activity: 2156
Merit: 670
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July 16, 2019, 06:30:42 PM
#90
It could be, because buyback is a way to maintain their cryptographic value in the market later. But will it really go as expected? We cannot be sure because prices in the market cannot be controlled. And not all of the coin holders token want to make a buyback system. Especially if indeed the price offered at the time of buyback is certainly lower than when they bought the token or coin.
full member
Activity: 491
Merit: 100
July 16, 2019, 05:18:30 PM
#89
To an extent, I think the buyback of token is good, if the market is bullish, it can help maintain the price of the token, after buying back the team can help maintain the price of the token though different ways like burning of the token.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
July 16, 2019, 03:08:12 PM
#88
One of the best examples of the buyback is Binance coin. They are getting back their coins back by accepting it as an exchange fee and then one in a couple of months they burn it to make some sort of deficit.
and recently they announced that they want to burn 100 percent of the coins that belong to the team. I think that soon it will be a very strong growth
full member
Activity: 728
Merit: 110
July 16, 2019, 02:51:20 PM
#87
One of the best examples of the buyback is Binance coin. They are getting back their coins back by accepting it as an exchange fee and then one in a couple of months they burn it to make some sort of deficit.
legendary
Activity: 2030
Merit: 1189
July 16, 2019, 02:43:39 PM
#86
Most platforms didn't reaise enough money in their funding rounds to be able to successfully implement a buyback scheme while still being able to develop their product.

Plus, 90% of projects are just money grabs, why would they want to buy back their monopoly tokens they just created to grab your cash?
member
Activity: 1274
Merit: 14
July 16, 2019, 01:54:03 PM
#85
Redemption of tokens is a good step in supporting projects from the possible discharge of coins. Of course, this option does not work in all cases, but in principle, it can work with Miracle Tele, as this is a really working project, as many have already seen.
full member
Activity: 559
Merit: 102
July 16, 2019, 01:28:45 PM
#84
Buy back of tokens by the team helps a great deal to reduce dumping. This strategy is used by some projects especially after distributing Airdrop or bounty tokens to curb massive dumping and it works.
full member
Activity: 448
Merit: 100
July 16, 2019, 12:54:56 PM
#83
Any good project developer with intentions to run a very competitive platform within top 50 range on coinmarketcap will always have a buyback plan. Many top projects does it including Aergo. Buyback is very useful in stabilising the price of your coins
copper member
Activity: 224
Merit: 0
July 16, 2019, 12:28:06 PM
#82
Buyback is one of the best solutions that a team can make to recover a token price. But a lot of teams are just greedy, so they are more likely to blame bounty hunters rather than to do something for their community.
full member
Activity: 255
Merit: 100
July 16, 2019, 10:37:16 AM
#81
I do not see why it makes sense to do. For example Miracle Tele is now buying back tokens and in the same time they are selling tokens to investors for same price. I thought that ICOs need to collect money for product development and not for sales mediation  Cheesy.
it is to stabilize the price of their tokens on the market. it is the first step in community trust so that their trade continues to increase. when their market is good, and later supported by product launches it will be an extraordinary pump.
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