Is Airdrop causing a dump price of Token/ICO?

Cajn1

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Quote from: D3F4L7 RAT on June 17, 2018, 03:27:08 AM

Quote from: Nahl on June 17, 2018, 03:16:38 AM

the amount of tokens from airdrop probably very less but if plenty of people sold their tokens at the same time that's similar such as dumped their tokens and i do agree with many people at here that airdrop is the main cause why tokens price dump and it was already happened several times on particular exchange that tokens are dump from airdrop participant and difficult to rise up again

Disagree, bounty and airdrop allocations are very small amount of money compared to the collected amount of money from the ICO investors. Numerous ICO earned for about $30,000 which is a great amount of money that comes from the private and public sale. When the token gets listed in an exchange, there is a greater risk that the investors will dump their token, that causes the price fluctuation coin. Airdrop and bounty hunters is not to blame here.

Some are to blame, bounty hunters are dumping and airdrop token. Investors are not dumping in a first exchange i think because they want a big percent of profit. They are also whales in the crypto world.

passwordnow

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Quote from: Cajn1 on June 16, 2018, 07:00:40 PM

Is airdrop really needed for an ICO to acquire awareness and get more subscriber/members in social medias?

Some do it for promotional purposes but I've seen some tokens that don't do it but they became popular.

Litecoin didn't have this before but they became popular.

Quote from: Cajn1 on June 16, 2018, 07:00:40 PM

What is best Airdrop for awareness or Bounties?

Follow some ICO trackers website or the Bounties.

francedeni

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Quote from: 42K on June 20, 2018, 06:10:34 PM

Airdrop has never caused the dump on the markets. I think all these things comes from the high tokens given to we the bounty hunters.

So depends on the quantity given to the users. In some case those who has the token form airdrops they usually dump the price of a coin to have an early profit.

kingvirtus09

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Quote from: Bttzed03 on June 20, 2018, 06:14:16 PM

Quote from: Cajn1 on June 16, 2018, 07:00:40 PM

Is airdrop really needed for an ICO to acquire awareness and get more subscriber/members in social medias?
What is best Airdrop for awareness or Bounties?

Is it really needed? Not necessarily since there are other marketing campaigns to create awareness. But it has been the most effective in driving people into a certain ICO so far.

We can't hodl them, Yes bounty hunters and airdrops cause to dump some price of TOken/ICO but there are investors that really bad on selling their coins that will turn the market down or dead project. I hate it when somebody will use to act the same thing.

TomArayaSlaya

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Bounties no doubt because there are various activities going on all in all one place is alot of promotional

Bttzed03

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Quote from: Cajn1 on June 16, 2018, 07:00:40 PM

Is airdrop really needed for an ICO to acquire awareness and get more subscriber/members in social medias?
What is best Airdrop for awareness or Bounties?

Is it really needed? Not necessarily since there are other marketing campaigns to create awareness. But it has been the most effective in driving people into a certain ICO so far.

42K

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Airdrop has never caused the dump on the markets. I think all these things comes from the high tokens given to we the bounty hunters.

MairaObergh

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No, most air drop are not profitable at all, so would be a tiny spec in the whole crypto market. I mean how much volume do air drop coins have? What percentage of airdrop coins even make it to an exchange? Two percent?

hackzang12

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I actually don't know with this kind of SH*t but some traders/bounty members of this community has long patience on this they created alot of eth wallet to join an airdrop but some investors are really into it they love Airdrops to gain popularity on ICO they promote.

MaiQwaN

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If everyone receives airdrop coins for free then they treat them as something not very expensive/valuable. So, try to sell immediately.

chokomenia

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For me I believe airdrop is more effective in bring members to the telegram or other social media, it is an easy way to build a large community, bounty is mostly for people who know about bitcointalk, moreover airdrop is easy to do than bounty.

rapsonic1337

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Both will be helpfull to raise a community, but the best way of it is the bounty. But airdropping will just caused in dumping of token as the regular price in the ICO, because some of the users will get a big amount of token just for participating in airdrops which is not good to the investors.

OnnoTunes

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Airdrop tokens can cause dumping but if not much tokens are distributed, then it doesn't cause much dumping.

coinluisa

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Most probably yes sometimes airdrop is cause of dumping a coin when airdrop hunter know it's listed they sell it immediately. And mostly of some ICO now do a airdrop to get many followers to promote their project.

dablatair

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Hello,

I think it is depending of the coin/AirDrop.

If the AirDrop amount is too important and if it is too easy to too many people yes there is a high risk of a dump because many people comme juste to have it and sell to invest in their project.

But if AirDrop is reasonable and do in a smart way like fresco for example, with really project and potential after if will give more light and will increase the value.

Abugbilla

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Airdrops are the main reasons why the price of any token that is listed on an exchange gets so low. Because they dont work for it, they decide to sell at any price at all, after all they are free tokens. But airdrops also makes a lot of advertising too. Not too many people will join the bounty, but majority will join the airdrop.

Cajn1

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Quote from: Xiao Mei Mei on June 19, 2018, 10:18:38 PM

I think not, because the division of airdrop is very little percentage, therefore I think airdrop and bounty can not affect the ICO is up or down the price, which can affect it in my personal opinion is the investor itself.

Yes very little but it can affect if that user has a lot of tokens accumulated specially if that airdrop is a referral airdrop. We can expect a huge dump if someone is dumping a big number of tokens.

Xiao Mei Mei

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I think not, because the division of airdrop is very little percentage, therefore I think airdrop and bounty can not affect the ICO is up or down the price, which can affect it in my personal opinion is the investor itself.

Cajn1

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Quote from: Herbert2020 on June 19, 2018, 01:05:34 AM

yes it is required and it is not increasing awareness it is increasing the number of advertisers who will then increase the number of victims of that ICO which can in turn increase its initial price and will surely increase the amount of money the ICO owners will earn out of thin air.
sometimes if you don't give the token away you won't be able to find anyone to even look at your useless token because it is useless!

Yeah i think thats the problem of running a Project. It needs a lot of audience to increase the awareness and make the project valuable to the eyes of the investor.

remedcu

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I still think that most projects which are a utility should have Airdrop for more user acquisition to decrease the cost associated with that. While for marketing bounties are still the best way to go for more social media presence as most of the social media have kind of banned crypto ads.

Topic: Is Airdrop causing a dump price of Token/ICO? (Read 448 times)