Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Nolkupit46 on March 08, 2019, 06:27:55 PM
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Decentralized exchanges create bad impact on altcoins prices, after bounty campaign completion many bounty management team send tokens and before launching centralized exchange, many Hunter sell their assets at low prices rate in dex. So price never covers its ico price.
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It is unfair to put the blame on decentralized exchanges for the decrease in prices of tokens. They were build mainly as a trading platform and they do not control how people trade.
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You are right but dex can't control price fluctuations. Traders at low prices effect creating bad impact on ico price and market.
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Decentralized exchanges create bad impact on altcoins prices, after bounty campaign completion many bounty management team send tokens and before launching centralized exchange, many Hunter sell their assets at low prices rate in dex. So price never covers its ico price.
Yes but something mistakes. All dex never create an bad impact on ico price. But many cheaper minded people sell their assets at low prices in dex.
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I do not believe that decentralized exchanges have negative impact on the ICO price but I always support decentralized exchanges as positive effects.
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i agree your blame partly,but it seems bad point for projects sending there tokens for bounty hunter before listing.
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i agree your blame partly,but it seems bad point for projects sending there tokens for bounty hunter before listing.
It would not make any difference if distribution to hunters will be done before or after listing. If they delay giving out rewards, it's their investors from private sale, presale, or ICO that will do the dumping. That has been the case since.
Decentralized exchanges create bad impact on altcoins prices, after bounty campaign completion many bounty management team send tokens and before launching centralized exchange, many Hunter sell their assets at low prices rate in dex. So price never covers its ico price.
Whether DEX or medium centralized exchanges, the dumping will still happen.
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Dex Trading is less secure than centralized exchange like binance and houbi global, kucoin and okex.