The Dumper Thinking - page 12. | Bitcointalksearch.org

Ferris419

hero member

Activity: 1008

Merit: 501

Quote from: mulyanah20 on August 30, 2018, 06:14:56 AM

Hi guys, i just want to know, what the advantage for dumping the ICO coin?

I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL

How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.

Kind Regards,

I think they are smart enough when dumping. Investors are dumping because they do not want to continue with that ICO and move on to ICO or other altcoin. They are willing to accept losses and dumping. Show that the ICO is not good or it is simply a scam

Dextord

member

Activity: 335

Merit: 11

Many people say that the price of ico is down because bounty hunters who want to sell their tokens that they get from the bounty campaign and sell at cheap prices without knowing the price of ico, I also don't know what happened in the cryptocurrency world is very complicated

karashika0577

copper member

Activity: 434

Merit: 0

It may be that some of them actually need money at that time, the second just want quick profit, they can have many reasons to do this. Some do it for profit while some put them in their entertainment. Although this is not the exact price of the coin .

jianzhao78

brand new

Activity: 0

Merit: 0

Many bounty hunters are not rich, they just pay attention to the present.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Everyone knows that once it gets listed it might be the only time you'll have a chance of taking profits asap, otherwise, you might end up holding bags of worthless tokens.

It's better to just go for the safe bet and dump the tokens once they've reached a certain value, you never know if it's going to reach the same price level as it did once it got listed. Also, there's no need to call them dumb, everyone has their reason for dumping X or Y token.

FoBoT

sr. member

Activity: 658

Merit: 250

Personally, I think there are different reasons why hunters dump a token even after doing a lot of work to achieve the token. Some of the reasons maybe because the hunters do not really have trust in the potentials of the coin or because they are in need of money and there is no other alternative to achieve this.

Andrew1337

sr. member

Activity: 574

Merit: 255

Quote from: mulyanah20 on August 30, 2018, 06:14:56 AM

Hi guys, i just want to know, what the advantage for dumping the ICO coin?

I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL

How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.

Kind Regards,

"ICO has giving you a free coin" What do you mean by this ? ICO means Initial coin offering and you must to give something in exchange of that coins.
And by the way if you are asking why there are so many dumps is because there are big whales since 2009

CoinSpeculator

sr. member

Activity: 420

Merit: 250

they collect more accumulate more than when they pump that coin like 100x they get more money and thousands lambo Sad

ralle14

legendary

Activity: 3346

Merit: 1914

Shuffle.com

Quote from: mulyanah20 on August 30, 2018, 06:14:56 AM

Hi guys, i just want to know, what the advantage for dumping the ICO coin?

I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL

How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.

Dumping any token after it gets listed is a way to cut your losses because if you're not familiar with newly listed tokens that's what usually after it gets distributed. It's not stupid to dump tokens you have to remember that not everyone thinks the same way as you and it's their token anyway there's nothing you can do to stop investors from selling their tokens.

To you it's worth more than what the current price is but to them it can be lower because you don't know if and when it can go up/down. Wink

ejhayehm

full member

Activity: 280

Merit: 100

Almost bounty hunters are not rich. Some of them spend full-time to do bounty. And they need money to buy stuff for their life. Another reason, not all of projects are good. So it will better if we sell the token of bad project and buy another better altcoin

Wuraola

newbie

Activity: 87

Merit: 0

Alot of people dont have knowledge of the coin they are holding, so all I their mind is just to get the coin and throw it to the Marie immediately without thinking about the effect it will have on them

tsaroz

legendary

Activity: 3094

Merit: 1069

Their can be many reasons for doing that. Some does it for profit while some dump them cheap in panic.
One of the scenario of dumping, you've issued a token and holds 50% of it, you first buy 5% of token from the market to increase the price and dump 10% of your tokens to the higher buy orders, this would decrease the price, and now you again buy the 5% and repeat the process until you are out of your funds and now have enough money to live a happy life without worrying about your token or its holders.

zenhu

sr. member

Activity: 645

Merit: 266

Maybe some of them just really need money at that time, the other just want quick profit, and the rest just dumb enough if he thinks since he gets the coin by doing bounty or airdrop he can sell it under the initial price. But that's just my opinion, don't judge other people though cause we never know what kind of economy background he faces.

Ikingpain

jr. member

Activity: 336

Merit: 3

Many bounty hunters need at least some money, and many are just stupid. I think that this will continue until they delay payments for some time.

mulyanah20

newbie

Activity: 26

Merit: 2

Hi guys, i just want to know, what the advantage for dumping the ICO coin?

I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL

How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.

Kind Regards,

Topic: The Dumper Thinking - page 12. (Read 1241 times)