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Topic: Good ICOs should be protected from dump - page 16. (Read 23377 times)

sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
December 21, 2018, 10:29:37 AM
#33
I think big problem for ICO now is not bounty hunter. From what i see, bounty hunter can hold tokens/coins longer than investor. Because investor will take profit and then change to another project, that is why price not really up when in market.
full member
Activity: 363
Merit: 100
December 21, 2018, 10:15:24 AM
#32
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
Even reputable bounty managers can be a victim of a scam team.

4. Listing should be done on reliable and reputable exchange sites.
Most reliable and reputable exchanges have high listing fees so this is dependent to the amount of funds raised.

I suggest even the project team should submit KYC so we could know that they are real people and not just an imaginary CEO and Members.
copper member
Activity: 798
Merit: 3
December 21, 2018, 10:15:04 AM
#31
In the crypto market every ICOs will go dump after the listing because now the market is going on bear market. As, know this asset class is very volatile so very quickly react to the market.
full member
Activity: 672
Merit: 100
December 21, 2018, 10:09:02 AM
#30
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
Excuse me, how can KYC help today? I think that today there are other ways to be able to really work with one real person. I think that today is a normal reaction in general. The main thing today to understand that KYC is not good.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 21, 2018, 10:07:11 AM
#29
even without bounty hunters the investors will dump their coins, it already happen there was a coin that gave their bounty reward after 1 month later after the investors got their coin and there is already an exchange, without the bounty hunters the price got dumped alot by the investors, so with or without bounty hunters, the price will result in a dump, might as well not give the coins to preserve the price.
yes, this is very difficult to avoid, even we know that investors and bounties have an important role in this matter. well, but a team that is professional enough will definitely try to think of a strategy where dumping is difficult to occur.
hero member
Activity: 1232
Merit: 503
December 21, 2018, 10:03:20 AM
#28
even without bounty hunters the investors will dump their coins, it already happen there was a coin that gave their bounty reward after 1 month later after the investors got their coin and there is already an exchange, without the bounty hunters the price got dumped alot by the investors, so with or without bounty hunters, the price will result in a dump, might as well not give the coins to preserve the price.
member
Activity: 798
Merit: 38
December 21, 2018, 09:35:37 AM
#27
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
These points are valid and can help any reasonable ICO to grow organically.  Although, as regards the issue of kyc, so many people are trying to avoid it, because they are afraid of giving out  their personal details. As for me, I do not mind, inasmuch as the project is genuine.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
December 21, 2018, 08:29:15 AM
#26
Some ICO teams offer guaranteed buyback. But this is not always enough. Even if some projects offer guarantees, the market conditions do not allow this.
But most of these teams are changing it, there are some of them are creating buy back. Basically this is a good idea but that will make them all get less funds. Most of them are not interesting to waste their funds to protect the investors.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
December 21, 2018, 08:25:15 AM
#25
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
yes I think what you say is very true. if it can be integrated into the system, it will reduce the occurrence of dumps. A good ICO is to have a good system and good management in managing the project. I strongly agree with the solution you provide.
member
Activity: 374
Merit: 12
December 21, 2018, 08:15:09 AM
#24
very agree. in this case the dump is indeed very influential on a good project. they first appeared to be helpful but ultimately damaged the project with the movement of the coin project in the market.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
December 21, 2018, 08:12:44 AM
#23
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.

I agree to all of your points except the KYC thing I am not a big fan of KYC and will not go to any KYC type of bounty unless it is highly reputable, and on your point number 6 there are no regulatory body for that, we are still in a mercy of developers, if they plan to go with their platform or not.
legendary
Activity: 2786
Merit: 1031
December 21, 2018, 08:08:44 AM
#22
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.

The only way to prevent 'dump' is to take away the possibility of sale, don't list in any exchange or don't allow the tokens to move from the wallet.

Even if you sell 100% of tokens at $1 each some people will need the money and willing to sell at loss for less than $1.

Imagine when you airdrop a token, people having it for nothing sell it for whatever price.
jr. member
Activity: 322
Merit: 2
December 21, 2018, 07:49:53 AM
#21
After careful research, when you see a good ICO, you would know and there will be no doubt about it.

Since you can truly know a good ICO when you see one, then you shouldn't bother about the dumping by anyone. If one person foolishly dumps a good coin, definitely another person will wisely buy it cheap. People have also dumped BTC and ETH at cheap prices while others happily bought at the cheap rates.
sr. member
Activity: 1134
Merit: 342
December 21, 2018, 07:33:30 AM
#20
Some ICO teams offer guaranteed buyback. But this is not always enough. Even if some projects offer guarantees, the market conditions do not allow this.
sr. member
Activity: 574
Merit: 250
December 21, 2018, 07:22:55 AM
#19
All suggestions make sense in general. But in real world it is hard even to find a good ICO Smiley and I'm not talking about the suggestions themselves.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
December 21, 2018, 07:19:30 AM
#18
Why though and how to do that? It's open market so the price will depend on the supply and demand of the project, if the project is really good then they will generate far more demand than their supply and the price will stay strong even after ico. Most of the dump happen because there's no more demand after the ico, that's why it is better to set the hardcap lower, because there will be people that can't participate in ico and buy from exchange after ico.
jr. member
Activity: 210
Merit: 1
A nexgen decentralized ride hailing
December 21, 2018, 07:16:14 AM
#17
On expense Manager I agree with you. For example, when the company is managed by Amazix, the project gained trust. But to be honest any verification documents can be replaced with another person or go to the website and register with different IP, Only if someone accidentally gets caught by mistake.
jr. member
Activity: 546
Merit: 4
December 21, 2018, 07:10:59 AM
#16
For me good icos does not neee protection from dump why ?

A good project should have the capability of creating and surging for a high demand which is enough to push up the prices of the token for a better and bigger good
Good icos should create a product that can survive great lengths
hero member
Activity: 3052
Merit: 651
December 21, 2018, 07:07:04 AM
#15

4. Listing should be done on reliable and reputable exchange sites.


Even with this types of strategies they still fail.

I remember one ICO who listed in a reputable exchange (binance). They won thru voting and I think that is already a go signal for a lot of supporters and to rush investing with them.
Yet, they were still dumped by 100 percent now and adding more exchange made it worse.
No one can stop the playful traders.
They will do anything to create money only and nothing to care about what project it is.

Traders rule. You cannot be attached in a token or altcoin.
full member
Activity: 872
Merit: 120
December 21, 2018, 07:05:19 AM
#14
ICO's are a scammy distribution model. There is no such thing as good ICO, unless regulated by Law and registered as Securities.
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