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Topic: Bad projects equals Bad results - page 6. (Read 1178 times)

sr. member
Activity: 952
Merit: 253
April 10, 2020, 05:15:57 AM
You're right. Any good or quality project does not die after campaign or after IEO or ICO. The price of the token stays stable as project keeps being developed. A bad project dies off when people start selling the token because there's not any development going on with the project.
A good project can sustain all of the aspects to be synched from one to each other especially to create hype to make the buyers will not be going from its own market. A bad project dies caused by it has already made for some purpose like it has already created to be a scam project since the start and there was no intention to develop it even further.
member
Activity: 1078
Merit: 10
April 10, 2020, 04:57:39 AM
Bounty hunters usually get a small part of total tokens supply, so they are unable to dump the price. If the project is not showing promising results in development, it is normally that investors start to sell their tokens causing the dump.
member
Activity: 476
Merit: 22
April 10, 2020, 04:43:13 AM
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And as for SPYCE, i think they will be fine because participants are limited to each campaign, so the fear of hunters dumping has been eliminated.

That is what I believe in the SPYCE project because it has a participant limit so there will not be so much dumping, I participated in a signature campaign and believe this token will have a good impact on the market, and tomorrow SPYCE will be listed on Probit.
And usually SPYCY / KRW pairs will always impact well with large volumes.
But SPYCE value is already down to 0.01cent from 3cents, that's not a good sign compared to the performance of Tachyon and Tokoin, they are not on the same path in terms of performance
full member
Activity: 1470
Merit: 148
April 10, 2020, 04:38:47 AM
What I found out about many and thousands of projects that failed is: many projects were created out of tin air without good idea backing these projects at anytime. Few year I have spent with cryptocurrency made me to understand that, some individuals can do anything to extort money from investors thereby creating fake and clone projects for weak investors who can't research before they invest. No matter how a project looks like, without a good product behind the project seem to end in shackles of dreams. "Show me a bad project and I will show you a bad result".
jr. member
Activity: 714
Merit: 3
April 10, 2020, 04:37:36 AM
You're right. Any good or quality project does not die after campaign or after IEO or ICO. The price of the token stays stable as project keeps being developed. A bad project dies off when people start selling the token because there's not any development going on with the project.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
April 10, 2020, 04:08:35 AM
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
I always laugh when I see people that claims that the main reasons projects fails is because bounty hunters are selling Grin. Bounty hunters are not investors, that’s what these people don’t know. Hunters are just doing their job which is to promote the project and help the project to get investors and grow.

So after this heavy work they deserve to be paid their money, and it’s not a must that they will make use of that token, they are free to sell it to for any token of their choice. I don’t see any way that hunters should be blamed for a project that failed. It’s up to the team that are running the project to put in a lot of hard work and push their project.
full member
Activity: 573
Merit: 102
April 08, 2020, 06:53:41 PM
many bad projects fail when collecting funds, but there are some bad projects that succeed in deceiving traders and investors as happened some time ago the bcnex exchange site project was finally a scam and failed which ultimately made many people lose.

I agree with you, the issue of scam projects raising huge amounts of money and packing up with the money raised from investors is the reason behind the major turndown to cryptocurrency market. The huge bear of 2018 started after so much ico projects emerges and ended up scamming people, a lot of people leave cryptocurrency investments for good since then and the huge decrease we see everyday validate the fact that people are moving out of this market and the only logical reason to it is the scam exit by project that raised money.  I just wish there more of resources that we can use to know the guenuity of a project, atleast it will help in choosing the good ones
member
Activity: 239
Merit: 17
April 08, 2020, 06:24:17 PM
Whether the token will be fruitful or not after launch will rely upon the liquidity of the token. furthermore, the token liquidity will rely upon the project itself. on the off chance that the project is acceptable, at that point all things considered, the liquidity of the token is likewise acceptable and it will incredibly influence the token exchanging volume with the goal that it can endure and keep on expanding. on the off chance that it has no liquidity by any stretch of the imagination, at that point the token will vanish after launch and that is a reality that has been going on this time.
full member
Activity: 1339
Merit: 157
April 08, 2020, 06:19:58 PM
#99
Exactly. instead of team members putting plans together about the use case of the project to increase the use and demand of the token. They rather blame bounty hunters for selling the scanty amounts of tokens/coins they gave them without considering the loose token mechanics and the huge insane bonuses offered to investors which makes them dump their holdings as soon the coin hits the market.
They should be prepared with that scenario where bounty hunters will sell their coins after it launched to exchange sites. Probably they also need money to support their financial problems and because of this situation some projects hold some amount of payout of their bounty hunters over a couple of months. Another campaign paid their bounty hunters by month basis to secure the price their tokens and required KYC so some participants have no longer want their token to pay because of this KYC verification.
Probably some projects are not in good concept and proper delivery in the market so some of them results to be failed and end up with nothing.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
April 08, 2020, 06:03:10 PM
#98
many bad projects fail when collecting funds, but there are some bad projects that succeed in deceiving traders and investors as happened some time ago the bcnex exchange site project was finally a scam and failed which ultimately made many people lose.
They belong to the bad projects because their purpose is just to scam people.
When a certain project will not be able to collect at least the minimum, that means investors don't trust their platform in overall and they will fail.
What will happen next is they will now make a new group and try to raise funds again in IEO, this is happening that's why investors should be very careful in evaluating the project before they will invest.

successful project means profitable investors and bounty hunters.
sr. member
Activity: 924
Merit: 256
April 08, 2020, 05:42:02 PM
#97
many bad projects fail when collecting funds, but there are some bad projects that succeed in deceiving traders and investors as happened some time ago the bcnex exchange site project was finally a scam and failed which ultimately made many people lose.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
April 08, 2020, 05:38:31 PM
#96
Exactly. instead of team members putting plans together about the use case of the project to increase the use and demand of the token. They rather blame bounty hunters for selling the scanty amounts of tokens/coins they gave them without considering the loose token mechanics and the huge insane bonuses offered to investors which makes them dump their holdings as soon the coin hits the market.
copper member
Activity: 1190
Merit: 3
April 08, 2020, 03:21:25 PM
#95
you are correct. It's not hunters who are dumping the price. Its private investors at the initial stage and later investors if they found it to be a not so good project.
Bounty allocation itself is assigned as around 5% so even though 5% tokens are sold out, there should not be much impact to price.
At last, its project concept and its development which makes the project successful.
member
Activity: 655
Merit: 10
April 08, 2020, 03:19:57 PM
#94
it depends on how the bounty hunter or token holder is, although it can be said that the tokoin & taychon project is a good project, but if the prize hunter is pressed for economic needs, it is not possible if they will keep it for a long time. especially if they see a high price of course they will sell it.
full member
Activity: 523
Merit: 100
April 08, 2020, 02:44:01 PM
#93
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
I think only foolish person can blame only bounty hunters when most of the bounty budget is under 1 percent. Tokoin and Tachyon protocol is doing great but later all project will follow cryptocurrency market condition as doing old bounty project. New projects don't know about old project and condition, devs just do what he thinks as do blame on bounty hunters.
copper member
Activity: 966
Merit: 14
April 08, 2020, 10:59:58 AM
#92
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off

Your last line or statement explains everything, that is the difference between a good and bad project. Another thing is, a good project never worrys about bounty payments, they put their energy on making their products and services a good one but a bad or questionable project will look for where to shift blame, from which they start saying that either the bounty didn't produce results and/or the distribution will be delayed. And if they eventually pays, and hunters sell, the blame will increase but in the case of a good project the price will hardly feel the impact of hunters selling off as investors will see it as an opportunity to buy more.
full member
Activity: 616
Merit: 100
www.jacs.tech
April 08, 2020, 10:50:09 AM
#91
That's because their products are real and the market demand is so great that it keeps the price of coins going up and even going up, in contrast to other projects that are just bullshit, which always dream of high prices, and another that makes me laugh "when people say that dumps are caused by bounties hunter "those who say that have never seen Tokoin and tachyon protocol
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
April 08, 2020, 10:32:18 AM
#90
So far, I've never found a quality project to dispose of their tokens of more than 3% of the total supply to hunters and distribute them at the same time as token/coin listed in the exchange. So, in this case I won't blame the hunter completely with such little allocation as to kill the project. But my assumption, these are projects that have been abandoned by the initial investors (tokensale investors). Until the listed token has reached several times the purchase price and has sufficient trading volume, at that time almost all of their initial investors will sell all tokens. This means that their interests with this project have been fulfilled and they will exchange it back with the original coins (eg. BTC or ETH).

I'm not a proejct investor, but I understand that it's not good to keep new coins/tokens for a long time. The current situation is not like 5 years ago. Of course investors are experienced in this field and more thought by them.
member
Activity: 171
Merit: 11
April 08, 2020, 09:58:05 AM
#89
Yes, bounty hunters dump after receiving the reward is nothing new. If that project is good then the dumping is just a good way for investors to get the coin for cheap. A redistribute from bounty hunters to investors. If that project is just riding on hype train without any backup then of course, it going to be dump without even a chance to recover.
jr. member
Activity: 211
Merit: 1
April 08, 2020, 09:49:10 AM
#88
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off


Token  dumping has never been the faults of bounty hunters, its just that blames were always shifted to hunters.
And bad projects equals to bad results is not the true if i may say

We have seen bad projects retain value in the market for a long while before dumping off, and we have seen good projects never going past the crowdfunding stage.
Either good or bad; a project will always dump if care is not taken to maintain value
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