Topic: Who do people dump tokens below ICO price and how can this be stopped? (Read 1062 times)
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Colletrix - Bridging the Physical and Virtual Worl
May 13, 2019, 03:24:18 PM
In my opinion i think its based on excess presale bonus. Most private sales investors bought their token at a ridiculous low price and high bonus so they can sell below the ico price and still be in profit, this cause most of the dumps we see after ICO
March 20, 2019, 11:02:34 PM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
It is just basically how it's done. If I'm an investor that bought their token with 80% bonus in the ICO period then I see it get listed and has the normal ICO price then I easily make 4x of roi just by selling it right away. Some investors don't want to take risks and greed for more so that is why it gets dumped.
March 20, 2019, 05:44:42 PM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
Nobody is responsible if there is a massive dumping of tokens. We are in cryptocurrency world and we should know and prepared that anytime dumping or price manipulation can happen. The cryptocurrency market is highly volatile. We cannot prevent people about what they are thinking but the best thing to do by ICO companies is controlling the tokens they contribute to bounty hunters by freezing the tokens in the ERC-20 wallet or any compatible wallet format they want to use. March 20, 2019, 01:57:22 PM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
Nobody is responsible if there is a massive dumping of tokens. We are in cryptocurrency world and we should know and prepared that anytime dumping or price manipulation can happen. The cryptocurrency market is highly volatile. We cannot prevent people about what they are thinking but the best thing to do by ICO companies is controlling the tokens they contribute to bounty hunters by freezing the tokens in the ERC-20 wallet or any compatible wallet format they want to use.It's not just about the bounty hunters. Even if they lock out the tokens for months and then release it as you can read on a post here. Bounty hunters are just 1-2 percent of the total pool. Not enough to dump the project really hard. It's the project itself that creates these effects. They will have to keep their large investors to keep them from selling at early.
March 20, 2019, 01:38:05 PM
For those people who want to trade up their tokens after getting it in bounty or invested it depends on a human if he gonna sell or not his bounty tokens.
This also depends on the mindset of the individual, some bounty hunters will hardly sell the bounty of the coin they have hope in for future, most tokens being sold when they enter exchanges are tokens a bounty hunter feels the project is not viable and may not see the light of the day and in doing so, there comes a major dump which in turn affects the ICO price completely, but the final figure of the ones dumping the coins are low compared to the ones holding, so it shouldn’t have much effect on the market.Other than developing confident among investors, there will be no working way to stop people dumping after ICO phase. Devs must work on bringing more confident among investors so that people will keep buying rather than looking for dumping.
March 17, 2019, 05:44:51 AM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
Nobody is responsible if there is a massive dumping of tokens. We are in cryptocurrency world and we should know and prepared that anytime dumping or price manipulation can happen. The cryptocurrency market is highly volatile. We cannot prevent people about what they are thinking but the best thing to do by ICO companies is controlling the tokens they contribute to bounty hunters by freezing the tokens in the ERC-20 wallet or any compatible wallet format they want to use.is the investors itself.As investor you would really have that mindset to get out and secure profit once the tokens being bought is already on the market specially to those who bought on
big discounts or earlier phase of sale will have such advantage and theres nothing we can do to stop those yet this is just a usual stuff.If a project tokens price dumped so hard then reviving
would only just matter if the project is really worthy or do have potential.Support wont really disappear but for a trash one then dont expect for it to gain or increase its price once more.
March 17, 2019, 04:51:36 AM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
Nobody is responsible if there is a massive dumping of tokens. We are in cryptocurrency world and we should know and prepared that anytime dumping or price manipulation can happen. The cryptocurrency market is highly volatile. We cannot prevent people about what they are thinking but the best thing to do by ICO companies is controlling the tokens they contribute to bounty hunters by freezing the tokens in the ERC-20 wallet or any compatible wallet format they want to use. March 17, 2019, 03:44:21 AM
I am also interested in this question. Many people think that this is because of the participants of the bounty companies, sometimes it happens that they sell such quantities that are not real for the participant of the bounty.
March 17, 2019, 01:05:26 AM
Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
You forgot to add the developers themselves also guilty of this dump. The devs keep a certain amount of the crypto (this is usually a big chunk greater than that which they make available to the public). At listing on an exchange the devs wait a day or two to dump especially when they know it's a scam coin. I was a victim of this with Swisscoin (SIC) on Coinexchange. March 16, 2019, 07:05:27 PM
Mostly the price always falls from for bounty hunters. It is not profitable for the team and investors to sell crypto cheaper than they bought it. But the bounty hunters want to earn at least something. Because they don't want to explore the project, they don't want to wait.
Yes, most of them are so. But it is possible to cut the loss, and nobody wants to do it. It is possible to pay Bounty reward with ETH or to freeze the hunter's money for a short time. March 16, 2019, 06:25:33 PM
Mostly the price always falls from for bounty hunters. It is not profitable for the team and investors to sell crypto cheaper than they bought it. But the bounty hunters want to earn at least something. Because they don't want to explore the project, they don't want to wait.
March 16, 2019, 04:34:33 PM
Bounty hunters need to be rewarded with tangible money for their work so they dump at least a part of their tokens once they get listed on an exchange. A project can prevent this by paying the hunters with btc or eth. The ICO investors usually dump below ICO price if they are not satisfied with how the project is going or they have received a considerable bonus to their contribution.
March 16, 2019, 06:47:54 AM
If we want to prevent dumping the token once listed. They have startegy now the project and this is divided the bounty token to the participants like every month they will get some of the tokens and other will be other month so they can prevent the token to down the value that's the people do now. But they still some bounty campaigns not do that and they give the token to the participants in one sending.
It is depends on the team, if they are really has the concern on the price then they will do something that protect the supply from dumping it will really dump if they will send those tokens to the participants because most of them will really sell it immediately and the token price will no longer recover.
March 16, 2019, 02:03:01 AM
If we want to prevent dumping the token once listed. They have startegy now the project and this is divided the bounty token to the participants like every month they will get some of the tokens and other will be other month so they can prevent the token to down the value that's the people do now. But they still some bounty campaigns not do that and they give the token to the participants in one sending.
March 16, 2019, 12:44:51 AM
Some people just don't care about the project and they want to earn money. So they withdraw their coins as soon as there will be a possibility.
March 15, 2019, 12:22:47 PM
The main thing is demand if it was reduced to anything then the value also been reduced so this is the thing happening to the tokens also for making the value dump again and comparing to the ICO it will be very low
The fact is that the team should not be greedy and should contribute to the development of their project. Some ico companies are interested in their investor, as well as participants in the Bounty company, so that they do not sell tokens, but instead they will receive interest on profits. In addition, there are many ways to interest coin owners, this is what you need to do so that coins are not sold at low prices. March 14, 2019, 05:58:58 PM
The main thing is demand if it was reduced to anything then the value also been reduced so this is the thing happening to the tokens also for making the value dump again and comparing to the ICO it will be very low
March 14, 2019, 04:12:19 PM
Bounty hunters are always suspects, as a cause of dumping the price of tokens. even though they only have 1% of the supply token. investors have a greater chance to drop prices. preferably the distribution of tokens is done in stages, it might prevent the price of token dumps far from ICO prices.
March 14, 2019, 02:53:14 PM
If you could make sure the price goes up after the ICO instead of going up than you can make sure less people will sell. Say you spend 10 bitcoins to keep the price up after ICO and buy peoples tokens instead of letting them stay than you will have less people selling. Say you sold a token and gathered 1000 bitcoins for it, and you sent millions of your token.
People who start to sell will decrease the price right away and people who see it going down will start selling too and others will join them, this is because people do not want to hold a coin that is worthless and goes to 1 satoshi each, they prefer sell it before that happens.
However, if you start buying with the funding you have and not allow it to drop people see that price is resisting going down and there is a support line above the post-ICO price and than they will keep their money and not sell it. Technically you would even make money that way because you spent bitcoin to keep price high but you have the tokens already so your tokens worth more in btc that way.
People who start to sell will decrease the price right away and people who see it going down will start selling too and others will join them, this is because people do not want to hold a coin that is worthless and goes to 1 satoshi each, they prefer sell it before that happens.
However, if you start buying with the funding you have and not allow it to drop people see that price is resisting going down and there is a support line above the post-ICO price and than they will keep their money and not sell it. Technically you would even make money that way because you spent bitcoin to keep price high but you have the tokens already so your tokens worth more in btc that way.
March 14, 2019, 02:50:02 PM
I too feel that the bounty participants might be one of the reasons behind the price fall. But i would say, the market condition would be a big reason. Just look at days when coins were listed at first, the price even went over the ICO price when the market was really good in 2017. So, merely the market condition would be the reason.
We cant blame bounty hunters on the output of the price of a coin after it was listed on exchange, some of them or maybe most of them are trying to do bounties to supply their daily living. And ofcourse there were lots of reason but the factors that is because of hunters had a huge part.
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