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Topic: Damages dumping creates - page 2. (Read 16496 times)

member
Activity: 560
Merit: 10
March 25, 2019, 01:54:08 AM
I dont think that dumping crates would make the people going wild to make such a dump for the market of the cryptocurrency.
hero member
Activity: 1302
Merit: 540
March 24, 2019, 11:18:26 PM
When a project team or developers are trying to collaborate with exchanges concerning price of their token then it is a form of price manipulation. Is best that a token has real life usability, this will surely give it value even though it takes gradual process.
That's right, if there's a deal between exchange and the team behind the projects, I agree that project should have a long term usage, the product itself
will lift the value to grow up, not just a pump and dump hype, we should be very careful looking for any project to support behind this industry, as many creators and developers are here to entice the public but no real progress and  usage.
copper member
Activity: 178
Merit: 0
March 24, 2019, 10:42:26 PM
When a project team or developers are trying to collaborate with exchanges concerning price of their token then it is a form of price manipulation. Is best that a token has real life usability, this will surely give it value even though it takes gradual process.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
March 24, 2019, 09:06:32 PM
If the project is solid and has a working product then dumping will not last and the value of its coin will recover, not so sure how to stop the dumping because everyone who holds the coin can do whatever they want.
The problem of some is they will be tired of waiting when it will recover.
Start up project are very risky as devs could also give up, they cannot make a move in this bear market as it's hard for them to market their product.
Most investors will prefer to hold on solid coins that has been existing for a longer period already, so it will most likely kills the new ones.
full member
Activity: 624
Merit: 101
BBOD Zero-Fee Exchange
March 24, 2019, 08:20:27 PM
If the project is solid and has a working product then dumping will not last and the value of its coin will recover, not so sure how to stop the dumping because everyone who holds the coin can do whatever they want.
full member
Activity: 588
Merit: 104
March 24, 2019, 06:59:09 PM
I do not think dumping is destroying a project as it is a free market and everybody can do whatever he wants with his coins.
Of course projects could have some buyback program for the dumpers if they want to protect the price.
full member
Activity: 1210
Merit: 100
March 24, 2019, 03:49:30 PM
We as lay users may not know the exact reason why this decline occurs so only think that this condition is the usual fluctuation. However, these fluctuations are very unreasonable and I think there needs to be a new breakthrough from the exchange service developers to improve the current conditions.

it is difficult to understand what really happened because crypto can be influenced by many things, so I also only consider if this condition is natural because cryto is always up and down.
the most important thing is that we always believe that these conditions will not last forever so we will be strong to survive.
legendary
Activity: 1596
Merit: 1034
March 24, 2019, 03:34:55 PM
We as lay users may not know the exact reason why this decline occurs so only think that this condition is the usual fluctuation. However, these fluctuations are very unreasonable and I think there needs to be a new breakthrough from the exchange service developers to improve the current conditions.
legendary
Activity: 1512
Merit: 1041
March 24, 2019, 03:28:52 PM
crypto is a democracy market it would be wrong to to fix any price
Yes, it is a democracy market, after all the purpose of its creation was to make the market decentralized and uncontrollable for all sort of shits and criminal activities to happen in there right ? Wrong perspective bro, even though it is a democracy market doesn’t mean there can’t be few rules that will make the system perfect and better for us to use.

We would have said it is a free market or decentralized market and leave out wallet opened without any form of security to protect our investment, why do we apply rule of using strong passcode ? Same as some of these investment, limiting some transaction should be a tool necessary for the protection of the coin and other genuine investors,
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
March 24, 2019, 01:33:58 PM
I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

Have you ever heard of such practices in the financial markets? If prices started to be regulated in this way, then it can no longer be called the free market. In my opinion, these regulations will never be implemented.
hero member
Activity: 1148
Merit: 527
March 24, 2019, 01:31:24 PM
I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
You are equally right because we have lots of greedy people that are in the market and no matter what you preach to them, they are obviously not willing to stop this attitude at any time till they see the downfall of the project.

So as cryptocurrency keeps gaining more experience on a daily basis, many upcoming projects needs to study these loop holes and try as much as possible to proffer solution to them that will in turn better the development and relevance of such coin in the market and one of which you have mention, there should be a limit to quantity or even price at which people can dump the coin even if we know that it is a decentralized system but some human being are not worthy of given too much freedom.
member
Activity: 420
Merit: 10
March 24, 2019, 12:16:56 AM
I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
I find it very normal. Sometimes it will benefit you. You can buy the token at a cheap price and hold it. For bad projects, people will sell it off.
For good projects, there will be no sales from investors or bounty hunters. they all know its true value.
therefore, you are the one who decides whether you will be rich or not. Grin
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
March 24, 2019, 12:15:33 AM
it is impossible to keep people from selling their altcoins at a certain price because it is the right of every individual to do so.
what must be made is how the team attracts quality and increases the value of the project.
Of course, it's your choice to sell and if you dump, it's your right.
We are investing in altcoins and expecting to be profitable but sometimes if we panic we dump, and that's something cannot be avoided.
Eventually when we dump, we could also realize and buy again, it's a normal cycle and even if the market dump, it's possible to rise again.
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
March 23, 2019, 11:56:22 PM
it is impossible to keep people from selling their altcoins at a certain price because it is the right of every individual to do so.
what must be made is how the team attracts quality and increases the value of the project.
i really agree with you,
there is no other way than to develop the project for the better. i'm sure that way they will stop dumping and be more interested in buying. i think that way the coin will have a high value.
sr. member
Activity: 1876
Merit: 259
March 23, 2019, 10:08:37 PM
it is impossible to keep people from selling their altcoins at a certain price because it is the right of every individual to do so.
what must be made is how the team attracts quality and increases the value of the project.
hero member
Activity: 3010
Merit: 629
March 23, 2019, 09:57:29 PM
Let's be honest dumpers are the bounty hunters and airdroppers. Those investors who bought at chepear price and sell in atleast 10 to 20% are understandable coz they are securing their profit. Nevertheless, we can not stop dumpers.
Thats true, I think most of these dumpers are bounty hunters or those who got their coins through airdrop. If they see that the price is increasing they will tend to sell their coins to take profit. Well we cant coerce anyone to stop dumping because its their own strategy and its quite normal to take advantage the price increase, I think we all anticipate that.

The problem of this dump is the aftermath, what will happen to those who missed the opportunity to sell? Thats the start of the their dilemma of what if. We should educate ourselves too on how things work here and what this particular project can do in the future so we wont be eager to sell.
sr. member
Activity: 714
Merit: 251
March 23, 2019, 09:23:06 PM
Dumping will only create an impactful damages if there are no solutions or system put in place to buffer it. Blockchain is currently doing a 125million usd xlm (stellar) airdrop which started since fourth quarter of 2018 yet I see no major dumping impact on xlm prices. Teams must have a buy back buffer option just like Aergo did too
full member
Activity: 448
Merit: 100
March 23, 2019, 08:35:59 PM
I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

This won't stop people from dumping coins. Even if exchanges decided to disallow people from selling coins below price, what about the decentralised exchanges.

I think Businesses should focus on product and let market cycles take place.
copper member
Activity: 190
Merit: 1
March 23, 2019, 01:43:21 PM
Just pay bounty hunters with other tokens/coins, but not with the same that investors have. This is killing the token price and investors make huge loses. If projects were not greedy they would be able to find a solution.
member
Activity: 532
Merit: 17
March 23, 2019, 01:07:21 PM
I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?

There are some ways to prevent token dumping after the sale concluded in ICO.
Token lock, buyback planning, partial released, etc. The token lock is usually used by developer to avoid instant dump after sale period.
The buyback plan usually happening when the ICO succeed raising more funds than their soft cap limit, or reaching hard cap.
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