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Topic: Good ICOs should be protected from dump - page 9. (Read 23351 times)

full member
Activity: 938
Merit: 137
January 01, 2019, 03:38:41 AM
No need to introduce any additional benefits for individual ICOs. Who will determine which of the ICO projects are promising and which are not? In any case, this will create arbitrariness and corruption. We have already passed this more than once. Only the market, the demand for cryptocurrency can determine which types of cryptocurrency exist and which do not exist.
As for the KYC verification for bounty hunters, it is better to immediately advertise that you are putting confidential data into the hands of fraudsters and all kinds of criminals for use. The KYC check on bounty hunters is generally illegal because we are not investors. Its use for other purposes is illegal.
full member
Activity: 1414
Merit: 100
January 01, 2019, 02:30:05 AM
If you have a good ability to review ico and rate it as good ico, I am sure many people will rate it good too. If you sure specific ico so good, you should love when the dump happen, you can buy it as much as you want. Good project will bounce back, it's just about time.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 01, 2019, 02:19:43 AM
no wonder there were some ICOs even though the koi had entered the market, they held the koi for campaign participants with distributed prizes for fear of being dumped, I waited 12 months for distribution
Still, those projects that had such a long distribution today are falling in price as well as others. This will not save the situation, because everything depends only on the fact that people stop believing in cryptocurrency.
Those developers are so stupid and why? even they delay the distribution and that will not protect their token being dumped. As far as I know about when you are seeing the market gets bearish trend and the majority of people will try to follow it. The only possible thing to create a buy back.




full member
Activity: 546
Merit: 100
January 01, 2019, 12:29:14 AM
The above information is useful for ICO projects  but I think that still does not prevent dump! dump seems to be part of the market, it depends on those investors who own token  but no one can manage their tokens by themselves, it's like whale manipulation  so you can't stop it! 
full member
Activity: 672
Merit: 100
December 30, 2018, 03:07:28 PM
no wonder there were some ICOs even though the koi had entered the market, they held the koi for campaign participants with distributed prizes for fear of being dumped, I waited 12 months for distribution
Still, those projects that had such a long distribution today are falling in price as well as others. This will not save the situation, because everything depends only on the fact that people stop believing in cryptocurrency.
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
December 30, 2018, 06:33:29 AM
I have seen many investors give up their investment in real projects because of concerns about ICO market fraud, which has led to the failure of a large number of real ICO projects.
full member
Activity: 602
Merit: 101
December 30, 2018, 05:50:18 AM
I think we can't control the ICOS from the dump because when the icos hit the first market this is out of our control because it's depend for demand and supply.. If it just a bad icos with useless product, the project will dead less than 1 year.
member
Activity: 260
Merit: 10
Fast, Smart, Trustworthy
December 30, 2018, 05:41:40 AM
I am very willing to protect and participate in a good ICO, but I can't even judge the 100% authenticity of the ICO project now, which makes me confused because it makes me unable to fully trust ICO.
hero member
Activity: 882
Merit: 500
December 30, 2018, 05:38:46 AM
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.

Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.

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 with your idea on protecting any good project, it will be able to makes the crypto market better. but what hard would be the people, we can't really control them, cause usually who makes the market drop is because some people dropping the price of the coins because the sell them out of panic or just try to sell them ASAP without thinking about profit or anything.

Investors like us are losing, as ICOs today call almost exclusively from organizations. Small investors are no longer in the majority because they have left the market they think is dead
sr. member
Activity: 1313
Merit: 278
December 30, 2018, 04:57:35 AM
It is extremely difficult to protect the IC from dump. After all, people sell coins for a reason, because in the current market there are no other options. If now there was a period of growth, then most of the investors would have been waiting for the price to rise and not collapse it.
member
Activity: 459
Merit: 10
December 30, 2018, 04:23:51 AM
This is a good idea, but no one can stop the issuance of ICO projects. ICO's issuance and investment are free. In the future, ICO will only be able to restore the price of Ethereum if it is regulated. Too many ICO projects are now fraudulent.
jr. member
Activity: 475
Merit: 1
December 30, 2018, 01:08:16 AM
There's no reason why crypto coins gonna dumo if bitcoin will gonna dump. For sure they following bitcoin if the price gonna pump or dump.
sr. member
Activity: 581
Merit: 250
December 28, 2018, 11:40:59 PM
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.

Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.

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 with your idea on protecting any good project, it will be able to makes the crypto market better. but what hard would be the people, we can't really control them, cause usually who makes the market drop is because some people dropping the price of the coins because the sell them out of panic or just try to sell them ASAP without thinking about profit or anything.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
December 28, 2018, 11:37:19 PM
How good an ICOs project is doesn't justify it been protected from dump because it the move and strategy planned/applied by the strategy team of the project will determine if the project will be protected from the current dump in price which the crypto sphere encountered. However, most ICOs owner used the buyback and hold to make more profit strategy.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
December 28, 2018, 11:25:53 PM
I don't think it will be possible, as the dump is made not only by bounty hunters, but also by investors. Everyone wants to make a profit and drain quickly, because of this and the problem.
Firstly, there's no way a good ICOs can be protected from the current dump in the crypto market because all the coins and tokens were all affected. However, I dont see any reason why project investors will be among those that dump the price of the project they invested because investment in crypto currency means trusting/believing in the future promising of the project. But, the early miners of the new project are the one to be held responsible for the dump in price of the project and we have read about the man(early BTC miner) that bought a big pizza with huge amount of BTC then so same thing still happen with new project either.
full member
Activity: 784
Merit: 100
December 28, 2018, 03:01:17 PM
I don't think it will be possible, as the dump is made not only by bounty hunters, but also by investors. Everyone wants to make a profit and drain quickly, because of this and the problem.
member
Activity: 1204
Merit: 38
December 28, 2018, 02:40:30 PM
WHen people think ICO as an short term investor then how caan we stop them from selling their coins and tokens when it listed on exchanges,if someone hold too long they are taking huge risk because once the price dumped means they may not recover forever so making the profits at the right time is indeed.
sr. member
Activity: 672
Merit: 251
December 28, 2018, 02:34:54 PM
You can't just protect an ICO from the dumping folks.

Why is it that when there are dumps, the one that gets blamed are the bounty hunters? how big usually is the allocation that they get from the total circulating supply of that token? it is around 1%-10%. You should question the devs but you can't figure it out unless you follow their balance addresses.
If the devs is really serious about his project, it won't be a problem for them to accomodate some coins owned by bounty hunters. I think 1% -5% of the total supply is not too much. It would be great if there was a project like that, like previously Populous Platform project that their tokens rising 10x from ICO price shortly after the ICO ends, who easily accommodates all the bounty tokens owned by hunter bounties.
jr. member
Activity: 462
Merit: 1
December 28, 2018, 01:59:22 PM
et's look at the truth. Who destroys this market. Investors or Hunters?

How many hunters we get 1.000.000 tokens for 300-500 people. And investors? If the project is large. They bring to the stock exchange 500 000 tokens at the lowest price. What destroys the token at the start of trading on the exchange.
full member
Activity: 396
Merit: 100
December 28, 2018, 01:56:02 PM
no wonder there were some ICOs even though the koi had entered the market, they held the koi for campaign participants with distributed prizes for fear of being dumped, I waited 12 months for distribution
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