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Topic: Spyce Price Conditions before and After Distribution (Read 727 times)

sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
it has become commonplace after distribution of bounty  the price of a token will fall sharply because in my opinion bounty hunter sell don't see the price
they sell at very cheap prices, the most important thing is getting profit from their work
member
Activity: 423
Merit: 11
snip

I think this is the problem, the price of tokens often drops after distribution.
I think this is not due to disposal, but the purchase price with the selling price on an exchange is too far away. So if someone sells at the purchase price, then the chart will dump.
because even in token exchanges there are no improvements at all after listing on 2 BW exchanges and probit korea therefore there is no trader activity there because they know that tokens will not have good potential going forward.
Yes. Developers should be present when token prices are deteriorating. Not just registering to exchange then leaving there. And I see that until now there has been no price growth even though most coins are currently pump.
full member
Activity: 1190
Merit: 117
Spyce is a very good project, but unfortunately listing on bad exchanges. This is probably the main cause of falling spyce prices
after distribution is finished. So bw.com doesn't have real volume, so this happens. My suggestion is definitely to join bounty
campaigns whose projects are listed on popular and reliable exchanges.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
This project doesn't give me any reason to keep holding than dump, the price was at 1$ and it dumped to 0.007$ ? Honestly that's a red flag, what happened that makes the price to dump that much? The team dumped on their own??
Well, the price of the IEO SPYCE is $ 0.038, and the current price is quite far from that. however, as far as I am concerned, the price of SPCYE has fallen before the bounty tokens are distributed. Well, as long as this project is still running, I don't think we can red flag this project, because the price of coins with a decentralized system can only be changed by people's needs.
sr. member
Activity: 952
Merit: 308
As i have my personal experience about Bounty program coin when enlisted on any marketplaces for trading mostly i seen they got dropped the actual price after a while.So, as i think and i do usually when it`s launched for trading you should immediately sell it.I shared my opinion there might be any exceptions from crypto experts.You can also hear from them.Thanks!
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
This is natural, why? because indeed from the start the buy order Spyce was thin and indeed strong only at that price. I say that there really isn't a meaningful dump on Spyce. Now Spyce prices are back. I also followed their campaign and was quite sorry to sell without repurchasing, because I saw Spyce has pretty good potential
I also see SPYCE prices have returned in recent days but not much improved since there are still a lot of hunters holding this coin. I think it is best for the project to list this coin at larger exchanges because if there is liquidity, it will attract more investors. I have not yet sold this coin and will continue to hold it because I do not want to sell at this price because it is quite low compared to the potential of the project.
sr. member
Activity: 994
Merit: 261
This is natural, why? because indeed from the start the buy order Spyce was thin and indeed strong only at that price. I say that there really isn't a meaningful dump on Spyce. Now Spyce prices are back. I also followed their campaign and was quite sorry to sell without repurchasing, because I saw Spyce has pretty good potential
sr. member
Activity: 1162
Merit: 260
Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.
at the beginning of the listing also I believe in this token but the old coins are discarded and the trade becomes inactive there is certainly no movement in terms of volume on both bw and probit exchanges.
That looks very different from the result that has already gained by OKS token as it has already traded 4x from the ico price and it has enough volume that can prevent the dump. BTW we can see that if volume matters a lot in this case.
hero member
Activity: 2576
Merit: 579
Bounty Hunter is innocent in this case. I see this token has been dumped before the distribution of tokens for bounty hunters. besides, this is a new project that needs time to develop. we should not blame the current price. sooner or later, if this is a serious project, the price of the token will definitely go up.
I don't blame bounty participants, because if I blame bounty participants, it's the same as me blaming myself, because I was also a bounty Spyce participant at the time, and what I saw was that the price of spyce tokens dropped sharply at the time the distribution was being done, not before the distribution of tokens to bounty hunters.

The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
Yes, what you're saying is very logical, it means that interested people who want to buy this token are still reduced, so the price is difficult to rise in the near future, unless the spyce team has a new breakthrough that can make the crypto merchant's attention be attracted to spy tokens.

Bounty hunters aren't responsible for this dump, the token was 0.007$ before the distribution day and after distribution takes place price is back at 0.005$ now, not a huge dump but token was already down compare to when bounty starts
Who said to take responsibility ? because I have also never seen any tokens go down in price. The bounty participants must take responsibility, because they only have tokens in the thousands, not in the hundreds of thousands, and the thing that makes me surprised is that the dump did not slowly , but directly goes down.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.
at the beginning of the listing also I believe in this token but the old coins are discarded and the trade becomes inactive there is certainly no movement in terms of volume on both bw and probit exchanges.
member
Activity: 462
Merit: 19
This project doesn't give me any reason to keep holding than dump, the price was at 1$ and it dumped to 0.007$ ? Honestly that's a red flag, what happened that makes the price to dump that much? The team dumped on their own??
full member
Activity: 542
Merit: 119
Hello World 👽
it will stabilize soon after the hunters sell all their tokens.
not necessarily, all depends on the development of the project. there is already plenty of evidence that when prices are dumping they will have difficulty reaching the price before. but if the team develops and does marketing well more people will be interested and the price will return
I agree with you, if they can make the product and do marketing well. Well, I believe that the price will soon recover, I saw a lot of altcoins collapse and then they died. Hopefully Spyce will not move like that
Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
Maybe the bounty dumping are done already. Yes thats true, if the project will do nothing to have a good marketing for their project then this will die, noting that the project have just been started. I dont know much about this spyce but from what I learned they have their own browser right? Maybe they can improve that and focus on developing and deploying more features and the investor might noticed this token in a while.
I think developers already know that when launching a bounty campaign project by allocating tokens for payments to bounty hunters, the price will fall, developers should have prepared a solution to overcome the collapse of the price of tokens at the exchange so that no investors are disappointed because the developer supports and want to keep the price high.
hero member
Activity: 1372
Merit: 503
The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
Maybe the bounty dumping are done already. Yes thats true, if the project will do nothing to have a good marketing for their project then this will die, noting that the project have just been started. I dont know much about this spyce but from what I learned they have their own browser right? Maybe they can improve that and focus on developing and deploying more features and the investor might noticed this token in a while.
legendary
Activity: 2492
Merit: 1215
This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter

Take a look on Bitcoin price in last few days. Bitcoin's price decline pulled other cryptocurrency prices down.
Evaluating the project by an exchange it is listed is wrong. I'm not talking only about Spyce, but overall. Listing on a popular exchange with lots of trading pair, big volume costs a lot. Not everyone can afford it. Some just wait to be invited for IEO. Some projects have funds, but not interested in early listing, but rather concentrate on development.
member
Activity: 504
Merit: 25
Bounty hunters aren't responsible for this dump, the token was 0.007$ before the distribution day and after distribution takes place price is back at 0.005$ now, not a huge dump but token was already down compare to when bounty starts
member
Activity: 784
Merit: 21
Cannot be a good reason that the bounty distribution is driving the price down, some might assume it was deliberately made so they could buy at a low price, and it will stabilize soon after the hunters sell all their tokens.
What percentage are you sure that it will stabilize as soon as the hunters sell all their tokens ? because so far it's been very difficult to make predictions on new tokens, and until now the price is still red and there are no signs to be stable.


Source: https://www.coingecko.com/en/coins/spyce
This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
hero member
Activity: 1778
Merit: 746
This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
Everyone does have their own assessment of the project, but we still don't deserve to blame bounty participants in this case, because the allocation for bounties is small and also they are not able to control the market with a very small number of tokens.
Bounty Hunter is innocent in this case. I see this token has been dumped before the distribution of tokens for bounty hunters. besides, this is a new project that needs time to develop. we should not blame the current price. sooner or later, if this is a serious project, the price of the token will definitely go up.
hero member
Activity: 2576
Merit: 579
This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
Everyone does have their own assessment of the project, but we still don't deserve to blame bounty participants in this case, because the allocation for bounties is small and also they are not able to control the market with a very small number of tokens.
full member
Activity: 447
Merit: 100
Well with the current low liquidity on the BW (a thin buy wall), even though Spyce only paid a small amount of bounty tokens, it was enough to make the price so low. We cannot blame bounty hunters for this. However, those who learn and believe in the project, they can buy some and become a holder.
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