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Topic: Does Fork Delta affects the crypto negatively? - page 4. (Read 25315 times)

full member
Activity: 700
Merit: 136
All the exchanges whether decentralized or centralized are for buying and selling coins so are not a big factor for coin prices as such. Any pump or dump is always temporary.
legendary
Activity: 1288
Merit: 1036
When a  coin is new, I believe it will not be affecting the entire crypto market negatively in any ways. Because only dump of the major coin will be impacting other cryptos but not a new coin/token. Moreover, dumping or bumping will be giving big attention to the trading community when it will be happening. If the project is potential based then this kind of attention will be good for attracting new investors as most people are preferring to buy at dips.
That must be the right point. When a coin is new and not popular, how it will be impacting into other cryptos negatively. I believe in this case OP must be completely wrong. I do not understand why he is talking only about this exchange but dumping is happening in all exchanges. Selling off one crypto which is relatively new and unknown, we cannot expect it will be leading to negative impact for other cryptos too.
sr. member
Activity: 625
Merit: 254
https://assetsplit.org/
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 an exchange just like many others or  much better . we find buy and sell orders like all exchange, so if someone decides to sell at a low price, it's his choice and he is free to use these token as he wants whatever their origin. and sometimes it finds that it is the only exchange where we can recover a part of our investment when some ico's team fail to list their token on an exchange.
full member
Activity: 1036
Merit: 109
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.

I think so too, however, some people only use fork delta when an altcoin is not yet listed on other exchange. It is also one of the best place to buy cheap coins, so I guess this is a good opportunity for people to buy coins cheap. Some altcoins get their real value once it is traded in a decent exchange or when there's a real product.
sr. member
Activity: 812
Merit: 256
You can always use a hardware wallet or create a new wallet to connect to forkdelta for trading. Personally, I don’t think decentralized exchanges are at fault. When people dump their tokens, it create an opportunity to buy.
full member
Activity: 588
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.
Then it is a good opportunity to buy. Because if it is a good coin with a potentional the price will surely back to ICO price atleast Wink.
hero member
Activity: 1190
Merit: 541
it's just...the free market Cheesy
I know, i don't like it either, but i don't think is fair for a team to wait months and months before list a token in an exchange.
What will happen if the team decides to delay their listing in exchange ? The same them will happen once they will be listing. I believe a possible solution will be completely avoiding listing in exchanges. This is what most scamming people are doing right now with many ICOs. Like you have mentioned it is a free market and anyone can do anything on their own money/coin/token and we cannot have any opinion on that.

When a  coin is new, I believe it will not be affecting the entire crypto market negatively in any ways. Because only dump of the major coin will be impacting other cryptos but not a new coin/token. Moreover, dumping or bumping will be giving big attention to the trading community when it will be happening. If the project is potential based then this kind of attention will be good for attracting new investors as most people are preferring to buy at dips.
legendary
Activity: 1232
Merit: 1000
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.

I guess ForkDelta has a very low trading volume so it can't influence on the market that much.
About security - there are some ways which allow to avoid private keys importing. Just use Metamask or hardware wallets.
full member
Activity: 602
Merit: 100
Noone can stop decentralized exchanges where everyone can sell tokens even if not listed on other exchanges... I don't think that prifces are affected generally by this because normally etherdelta, forkdelta, idex and all other DEX have very low volumes.
member
Activity: 336
Merit: 11
it's true that Fork Delta give negative effect but only to new ICO that didn't hit the market yet, mostly bounty hunter rather sell token reward they got from bounty below ICO price rather than Hodl it, and fork delta was the place to do that.
and from that the ICO token price will drop significally and quite imposible to reach even normal ICO price.
the best way to prevent it was for us to to learn self control, since we promote ICO project we should also believe that the token will have more value when it hit official exchange, so we should also learn to Hold.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
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.
That happens with the whole of exchange sites when bounty hunters are getting their pie and the price will be dumped to make them all sold their coin cheaply. And after all of their pie have already sold on the cheap price and then there will be a pump to recover it.
legendary
Activity: 2100
Merit: 1058
What you are concerning has nothing to do with crypto market negatively as it is a common happening everywhere in crypto environment. When people do not have belief on the future of any new coin then they will go for selling it. This is the reason why most of the ICOs are suffering once it is being listed into exchanges. In the past I have seen many altcoin are suffering this way as their campaigns are paying its participants in their own coin, they are just going to dump it to encash into bitcoin or ethereum. Hence, nothing new here.
hero member
Activity: 2898
Merit: 639
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.
This is happening with every exchange not just with forkdelta. May I know why you are targeting only this particular exchange ? It is obvious that everyone wants to make the maximum profits before someone else dump the market once the new coin/token will be hitting the exchange. It is happening each and every exchange as far as I have seen but you are complaining about only one exchange is there any special reason for that ?

We cannot blame anyone to sell for lower prices or higher prices as it is completely their personal thing. We cannot interfere at any form into that. Market is trading lower that must be the only reason why they are selling at lower price levels. I believe only the devs need to take measurements to keep a proper value for their coin/token when it is getting dumped in an exchange. When they are not taking care of that, such coins are getting delisted over the time after heavy dump.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
It is a decentralized exchange so there is problem in signing in with your private key all you can do to reduce risk is create a new eth wallet for fork delta and do not use your original wallet with all your eth and tokens. Secondly you have complained of dumping i think that is something not stoppable, if someone wants to get out of his holdings or want to cashout it is his own decision, its his tokens so decision is his we cannot do anything about it. It is obvious dumpers are at loss as price grows quickly after if the project is good.
legendary
Activity: 2072
Merit: 1023
casinosblockchain.io
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.

I think that natural market should have as many different possibilities as we can imagine and even more. Today we have a lack of good DEXes with high trading volumes. I'd like to see Binance dex, hopefully we will be able to trade not only erc20 tokens there, but any crypto to any crypto as well.
hero member
Activity: 1666
Merit: 565
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.

it's just...the free market Cheesy
I know, i don't like it either, but i don't think is fair for a team to wait months and months before list a token in an exchange.
copper member
Activity: 657
Merit: 1
I like the question asked in this topic. I have some points to elaborate on with regards this. Firstly, Forkdelta unofficial listing (traders make use of token contract addresses to begin trading on forkdelta) is really causing dips in the real sense. Then you mentioned private key being insecure as a login means, you can ameliorate that by using a web 3 extension like metamask.
legendary
Activity: 2982
Merit: 1069
It's a decentralized exchange and there are a lot of them. And most of them allow users to add any tokens they want to trade and that's the beauty of it.
Restricting users to exchange their tokens is in no way good to the project. The exchange economics doesn't affect the project in any way and if the investors believe in the project, it would also not affect the investor.
hero member
Activity: 2912
Merit: 613
No, forkedelta is just a decentralized exchange and that kind of exchange is gonna be exchange in the future.
Haven't heard of Binance launching its own decentralized exchange?

Blame it to the bounty hunters, but you cannot stop them.
full member
Activity: 602
Merit: 100
It seems to me that such a wonderful stock exchange as ForkDelta affects the stock exchange only positively, because there are always smart investors who start buying tokens from bounty hunters or early investors who sell tokens there.
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