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Topic: Does Fork Delta affects the crypto negatively? (Read 25328 times)

sr. member
Activity: 1736
Merit: 306
January 15, 2019, 10:40:31 PM
#88
I have a bad experience with Fork delta, I lost my eth when making a deposit. since then I've never transacted through the exchange platform .
jr. member
Activity: 420
Merit: 1
That is the common mistake for the bounty hunters causing also for the tokens to go below its price. Because they are cashing out their earned bounty tokens in the project in forkdelta and not caring for the project. But as for me I am rebuying those tokens that are sell in low price.
member
Activity: 476
Merit: 41
You should look more closely at the numbers.
Yes, forkdelta allows anyone to sell their ERC20 tokens, but how much trading volume is actually going on?
You will find that mostly, there is ZERO trading going on.

forkdelta is not the problem.
decentralized exchanges like idex and forkdelta are necessary in the crypto world and help its economy.
Bounty hunters dumping is a thing of the past.
In order for the price of a token to truly crash, there would need to be a simultaneous dump on a high volume exchange.
Otherwise the 1 to 3% typically alloted to bounty hunters won't make any difference.

Now that most ICOs fail, there isn't even a place to make that kind of a dump anymore.
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
Forkedelta have nothing to do with people dumping tokens, I blame those who sell at those prices since no one forced them to.
member
Activity: 406
Merit: 10
ForkDelta volume is too small to affect anything negatively. Many hunters dump their rewards there and that is a good
opportunity for investors to buy some cheap coins. We have to be cautious and make sure we are buying the coin
we want by checking the contract  address.
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
The way i see it, selling your tokens right after you get it has it's pros and cons. If it would pump up if it hit on regular exchange then the seller will missed out the opportunity. I don't think that it would affect the crypto negatively and besides crypto is decentralized and we could do whatever we want with our crypto.
jr. member
Activity: 490
Merit: 2
it's up to them, whether they will sell everything even though the price is cheap, or they will hodl their tokens, that is their right. and in this delta fork is not the one guilty of the fall of the market. and you need to know, the big 5 coin market is the most influential one.
copper member
Activity: 84
Merit: 0
Custom Contract Network (CCN)
I do not think that forkdelta really affects the crypto market negatively, it is a decentralised exchange and where security is concerned, you are mostly in charge of your security, you can take certain steps to ensure the security of your funds while trading by not using a wallet that you store tokens to trade in the exchange
full member
Activity: 546
Merit: 100
There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.

Forkdelta is definitely a platform that should not be used by new entrants. Unfortunately, there is no room for anyone with little market knowledge. Otherwise, they may lose a lot of money.
full member
Activity: 588
Merit: 100
ForkDelta is like another decentralized exchange, so I do not understand why it may affect the price.
For me decentralized exchanges is the best way how to trade coins - minimum fees, no KYC.
member
Activity: 267
Merit: 10
Yes... Many hunters dump their tokens on Forkdelta once gotten at very low prices even before the project is listed on any better exchange. The sell and buy prices are determined by the dumpers thereby spoiling the project. I agree, Forkdelta affects crypto negatively.
copper member
Activity: 112
Merit: 0
Velic Ecosystem
First of all, Forkdelta is a decentralised exchange based on the Ethereum Blockchain, this means that only Ethereum based tokens can be traded there and secondly, it is advisable to use a seperate wattet for your trading in decentralised exchanges.
full member
Activity: 574
Merit: 104
There are many exchanges that is on the market, many people also are focused on gaining profits on their cryptos.
I just noticed that Fork Delta is something to worry about. I see, many people here are using it to sell their tokens right after they received it especially bounty hunters.
They sell it in a low price and synonumously dumping their tokens even if they know it is promising in the future.
Another thing I see is that, you need to import your private key which I find unsecured.
Their volumes are so low that I'm not worried about price dump by ForkDelta. Yes, many bounty hunters sold their tokens but I personally and other people bought many interesting coins there before listings on the big exchanges.
full member
Activity: 462
Merit: 100
that's the advantages and disadvantages, but the goal of crypto was created to decentralize everything and become transparent.
but if the project is indeed good, they will survive even though the price drops when it is released in the market.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
Actually, I will not say about it because not all coins in this forkdelta is bad after listing on it. However, to tell the truth, most coins are worse after entering in this exchange. It has lower price than in the other exchange. this is so sad but I think this is fact. Moreover, we may find out many dead coins in this Forkdelta.
full member
Activity: 1750
Merit: 118
fork delta isnt a threat to cryptos because it is only an  exchange ( a bad exchange ) .  not all will find it interesting aside from a verry desperate seller . there's no one to blame here when the cryptos are dumping because that is only normal and part of the game  .

Regarding entering private key, you can also connect your ledger nano to be more safe.
You are joking with your statement because you didn't wanna know how it works. It works really different with centralized exchange site.

libert19 is correct .  forkdelta supports hardware wallet ( ledger nano )  . you were the one that didnt know how forkdelta works   .

Forkdelta solve the issue of selling off tokens at cheaper rate .

so do you mean you can now sell your tokens at higher rate when you use fork delta ?   no mate  . fork delta didnt solve  the issue of selling off tokens at cheaper rate because their pricing rates were also pretty cheap  compare to other dex exchange  .
full member
Activity: 700
Merit: 117
I think for some reason yes. I do experience joining a bounty and there comes a scenario when I want to sell my tokens in a low price and the only exchange available is on fork delta that's why it affects the price of the altcoin.
You can't put a blame neither. You might be lucky that your token is already listed in fd though the price is so disappointing. If the price does noy satisfied you, then you don't need to sell it and wait for another exchanges.
It happens all the times and FD will be the lowest market price exchange and due to its market volume. Don't expect for a high price with FD.
copper member
Activity: 154
Merit: 0
www.codex.one
I think for some reason yes. I do experience joining a bounty and there comes a scenario when I want to sell my tokens in a low price and the only exchange available is on fork delta that's why it affects the price of the altcoin.
legendary
Activity: 3178
Merit: 1054


price of token when it get listed on forkdelta usually drop but its going to be a good opportunity also for the investors who wants to buy, price usually drag down because of bounty hunters but look at it like its being bought by the investors who wants to pick for cheaper price and gain high when development of the project kicks.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
If someone is selling, someone is buying. So it's just a fair distribution. Regarding entering private key, you can also connect your ledger nano to be more safe.
You are joking with your statement because you didn't wanna know how it works. It works really different with centralized exchange site which you can your coin even in zero rates. Basically that kind of fail system that created by etherdelta.
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