The Dumper Thinking - page 2. | Bitcointalksearch.org

ipanks

hero member

Activity: 1610

Merit: 507

Quote from: mulyanah20 on August 30, 2018, 07:14:56 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,

People who are dumping the token is only want to make fast money so they don't have to wait for a long time because every ICO at the market will need to wait before the price can increase. Besides that, I think they don't want to get the impact of the price if the price is down too deep and it could make them become confused to wait for the price. I think it's not stupid because they dump the token when the price is at the highest price so they can rebuy the token at the low price.

zauna35

sr. member

Activity: 812

Merit: 287

everyone has different motive to do so: who really needs the money, who is short-sighted, many working bots and a lot of accounts so they don't care how much a coin is worth, but most are just stupid and don't think about the future

Greenparkzhiv

jr. member

Activity: 238

Merit: 1

Quote from: mulyanah20 on August 30, 2018, 07:14:56 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,

Just some do not pursue big money. Ready mainly for bounty hunters to sell tokens for cheaper.

xbossJ

jr. member

Activity: 278

Merit: 5

Invest and play

I Have dumped before and the reason was that I had made 8000x on a certain coin, My thought "Self fast before it goes crashing to 0". I think a dumper looks out for substantial gains at the top to let off and take profit! But for believers like me; I just don't dump I dump to buy back possbly at the price I bought at first.. There are dumpers and there are believers, Dumpers don't go back in on a coin when they dump, believers dump to buy same coin cheaper while retaining gains from it!

mbah

sr. member

Activity: 700

Merit: 251

Quote from: yayat on October 19, 2018, 02:19:02 AM

Unlike that because the stomach needs to eat, all cryptocurency traders are different.
Ok maybe you have a lot of bitcoin, what if you don't have Bitcoin and have an ICO token and you're hungry?

Indeed it all depends on the circumstances. for those who are in conditions of forced and very needed then certainly sell quickly is an option. but for this time might be different. a lot of that was deliberately to sell briskly even at a low price because many who fear the price down deeper. many of the ICO like that and of course it's a little distrust about the value of making ICO when entering the market.

matico

full member

Activity: 504

Merit: 100

The Standard Protocol - Solving Inflation

The price drop of token in the cryptocurrency is not depend on bounty dumpers alone, sometikes, it has to do with general market condition! For all is worth, bounty supply is not usually above 1% of tge whole token suoply.

SabrinaBianka

member

Activity: 633

Merit: 11

Quote from: mulyanah20 on August 30, 2018, 07:14:56 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,

They dumped because they're already got they profit. If I am contended to price of my coins I will also sell but not almost like a dump coin. I will hold for 2 weeks to 1 month. Or its pump until the ICO price while on the market. Some of them its because they panic and they afraid to lose their income 50% ICO price.

yayat

full member

Activity: 434

Merit: 102

Unlike that because the stomach needs to eat, all cryptocurency traders are different.
Ok maybe you have a lot of bitcoin, what if you don't have Bitcoin and have an ICO token and you're hungry?

airdrophunter

full member

Activity: 434

Merit: 100

The Exchange for EOS Community

There are really promising ICO that slow fails because of the price of its market value that keeps on decreasing before it even hits exchange market. That's also the reason why others will just sell their cryptos regardless of how much money they will earn.

Christinebeauty

copper member

Activity: 420

Merit: 2

To me, dumping of coins right after is not the best. But I think we should not be too quick to judge since those who do that might have some genuine reasons of doing that.

hheight

full member

Activity: 392

Merit: 102

I think people switch on the panic mode in these situations. They see the falling price and think it will fall down further. But the fact is that the investors should stop selling tokens to maintain prices during development.

nwosuchristabe2

copper member

Activity: 686

Merit: 2

Majority of bounty and airdrops hunters are only interested in immediate gratification, they are not ready for long term hold like investors and can dump any token for any price. This tends to affect the project in the short run, but great projects would always recover from the dump after a while.

Kemileye

member

Activity: 573

Merit: 11

Quote from: mulyanah20 on August 30, 2018, 07:14:56 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,

A lot of people have the misconception that its only the bounty hunters that dump the ICO coin at any price. I must be sincere with you, there are some ICO investors that dump the tokens they buy during ICO. The reason behind their decision remain mysterious till date because it baffles me when someone purchased coin at $1 during ICO and sell at $0.3 on exchange.

Ikingpain

jr. member

Activity: 336

Merit: 3

Quote from: Zeke_23 on September 03, 2018, 11:37:56 AM

Quote from: Ikingpain on August 30, 2018, 10:59:51 AM

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.

bounty hunters are not the only one who dumps a coin, also some other people who holds the same coin, bounty hunters are holding only a little number from the supply, it is about 1-2% from the supply.

This is true, but it is enough to create an image of an active drop. Therefore, bounty hunters often set the pace at that. Further, other coin holders are connected and the price of the coin goes down.

NewBet

hero member

Activity: 966

Merit: 500

Quote from: Wale777 on September 07, 2018, 02:21:10 AM

Well most people dump because of the bearish market at the moment , they are afraid things will continue to go worse and they don't want to be part of it, rather they dump whatever coin they have, in other words they are don't believe crypto will make it while some are dumping because they are in need of the money

that is just it and on thing that a lot of people do not know that the dumpers are always the same people that keep fomo-ing money into the market when they see just a little bit of recovery in the prices of the coins. They are always thinking that things are going to keep continuing on the track that they are currently on which is a wrong way to think about market movement.

Wale777

jr. member

Activity: 336

Merit: 1

Well most people dump because of the bearish market at the moment , they are afraid things will continue to go worse and they don't want to be part of it, rather they dump whatever coin they have, in other words they are don't believe crypto will make it while some are dumping because they are in need of the money

CAPT.DEADPOOL

full member

Activity: 854

Merit: 102

PHORE

the dumper's minds are so short that just because of the smallest deficit they are selling it as a madman as a trader or investor we can panic in the possession or buy a coin but do not overdo us so we can not stress we hold it better to read the news so we know what altcoin is good for.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

Unfortunately, due to the fact that most Bounty Hunters live in developing countries where the cost of living is cheap, unlike peeps like me that have to pay an arm and a leg just to survive every month in Europe, they don't care to dump at any price. Also crypto is a man eat man world, whoever can get whatever first. There is no real community yet where people really support projects, especially in our bounty world, which is riddled with bounty cheats from Vietnam as well, which is so annoying as they try to steal my husband's and my identities and content. Every week my husband wastes at least two hours of his time reporting these Vietnamese cheaters. So especially the cheaters, they will always be the first to dump their tokens. They found a way to make fast money, stealing from the rest of us.

Torps1

member

Activity: 574

Merit: 12

Kuvacash.com

You can't really blame the bounty hunters for dumping their tokens, there could be financial needs on their part. Besides, the team already know the trend and ought to put in measures so that the dumping don't affect price too much.

tterrorpipa

jr. member

Activity: 322

Merit: 1

Sometimes proper judgment calls for a good timing. In the last year, it is okay to hold the ico reward bounty because surely the price really is going high. But right now, holding tokens is a worst idea of all. Better sell it immediately to avoid loss in your reward.

Topic: The Dumper Thinking - page 2. (Read 1225 times)