Topic: Damages dumping creates - page 6. (Read 16496 times)
When a project has use for its token, the demand for the token will be much and holders won't want to sell and even when they decide to finally agree to sell it will be at a good plus profitable price.
I think that on the exchanges there should be restrictions on the minimum price of selling coins, so that the price does not fall much below the ICO price level.
Coin dumping is very detrimental and damaging to the market. ICO indeed has a trick in overcoming this. The easiest way to deal with massive coin sales at low prices (under ICO) by distributing gradual tokens. Both tokens for investors, for bounty campaign hunters, for airdrop, etc, all are distributed gradually. For example, it can be divided into three divisions. This massive dumping of coins caused the market's confidence in the coin to decline so that the coin could not compete in the market for the long term.
I thinl.it is not the bounty hunter to blame for dumping the project. It.is the team that brought the project and how they manage it if they do. But, for sure they are only after for an easy money which means making another ICO project, list it in an exchange then walk away. This is where the fast and easy money come from just like easy robbing in a bank. This is what contribute also tp the percentage of numbers of ICO scams.
This can't be avoided since most of investors in ICO participate to earn profit. You also can't blame bounty hunters for dumping their coins since its theirs and they have all the right to do what they want to their tokens. Anyways, this just happens to small projects; big projects like electroneum didn't dump when it got listed on an exchange.
Dumping truly kills coins but crypto trading is autonomous and everyone decides how much he or she wants to sell their coins. Some people are day traders so they just dump their coins with the slightest increase. It is very painful, especially if you are a holder.
The real dumpers of coin are mostly bounty hunters because the feel they are not in any financial commitment to the cryptocurrency project and this can result in a very bad state of the coin
The financial need of anyone will force to perform all possible actions that would get rid of this need. I think it makes no sense to judge someone, this is everyone’s choice.
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 can stop anyone from selling so you need to select the right price for selling at ICO which may decrease the people from investing to sell very soon.But it is impossible to stop from making trades on exchanges when you coin listed there.
The real dumpers of coin are mostly bounty hunters because the feel they are not in any financial commitment to the cryptocurrency project and this can result in a very bad state of the coin
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?
The most happening dump is when the ICO token just released and not officially listed, but being traded in decentralized exchange.
Like idex, etherdelta, or forkdelta is the most popular decentralized exchanges used to dump the tokens.
Of course the dev or team should take a quick action about the price of their tokens, otherwise it maybe won't recover because too much damage.
Exactly my thought. There should be a lock on the price or something when the tokens or coins get listed on exchanges. That way, investors won't have to worry of dumping.
The lock price you mean may be the "buy wall" a team has to make. Some are already doing it but most of the time, these buy walls are easily broken then the team stops from buying back because it seems it doesn't help.
I think the rule is very good to apply so that prices can be more controlled and not easily experience sharp falls.
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?
It is not a problem, uninformed buying is a problem. If you bought a quality project you'd be happy to see cheap tokens, but instead you were just hoping to find someone dumber than you to dump on. One of us has to be the sucker, I've been the sucker plenty of times myself, but that's crypto. Even if you change the rules, you still need suckers, and it's probably going to be the same people anyway. Project team and exchange can't do anything with token price, I think it's depends on project quality, most of the promising project tokens price stay at normal level, people want to sold their tokens at loss, just let them do that, I'll hold and waiting for token rise back to ICO price.
how long will you wait? while you say the team can't do anything when they see the price of their very cheap tokens sold on the market, they must take action such as buying back with the capital they have. And developers must have ideas, how to get their tokens holders not to sell cheaply. If not, then their tokens will become trash.Oh you absolutely right. All things in the project developers. Their tokens must be alive. Projects aimed at the masses. Then the price will be consistent. We all know how projects constantly lie to us about the cost of a token.
Project team and exchange can't do anything with token price, I think it's depends on project quality, most of the promising project tokens price stay at normal level, people want to sold their tokens at loss, just let them do that, I'll hold and waiting for token rise back to ICO price.
how long will you wait? while you say the team can't do anything when they see the price of their very cheap tokens sold on the market, they must take action such as buying back with the capital they have. And developers must have ideas, how to get their tokens holders not to sell cheaply. If not, then their tokens will become trash.
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 think something like that is impossible to happen. It means developer wouldn't forced to make good project to make their tokens in market get high price. Even Developer who not really serious in their project will get benefit for that. It is bad for crypto community itself.
Project team and exchange can't do anything with token price, I think it's depends on project quality, most of the promising project tokens price stay at normal level, people want to sold their tokens at loss, just let them do that, I'll hold and waiting for token rise back to ICO price.
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 know the best way for people not to dump tokens at any price.
To do this, you need to create a furiously promising and high-quality project that guarantees for all investors a large profit in the future.
The thing is: each individual is in charge of the decision of selling at the price they want. Exchanges cannot prohibit it even if they wanted to. People can always move to other exchanges or p2p, OTC deals.
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?
Yes, it is that's why most manager and development team making a new way to stop these dumpers to make the coins useful in the long run. I kinda hope that this new way of stopping will make the coins worth in the long run but if not then those dumpers are not really on to the projects. And most of them are just bounty hunters but I think they can't drop it yet since they will receive the token late than the investors. Jump to: