Spyce Price Conditions before and After Distribution - page 2.

imstillthebest

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Quote from: CryptoYar on June 29, 2020, 10:40:11 AM

Quote from: ?? on ??

Spyce project has a bad team IMO, how can a altcoin that was once trading at 1$ in 2019 turn 0.007$ in 2020 before the bounty distribution commenced? This shows that there aren't good development for this token or should I say no more good demand anymore?

Somehow you are right, the team is not doing well.
The team have to make a good announcement (listing.etc), or they should start trading competition if they want their token price to be good.

but they dont have a good announcement before ? announcement is nothing because people can see it but wont impressed on what can they offer but i agree on the competition part . if they put that on thier announcement , they can increase thier chance for people to follow them .

people like to do activities in return for rewards . this year was bad for most coins so i wouldnt suspect them much . wait and see for the world to recovery and see if there have been positive changes to that coin

bussybuddy

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Quote from: b1k4ng on June 29, 2020, 02:25:35 AM

Quote from: slashz9 on June 29, 2020, 02:15:05 AM

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

CryptoYar

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Quote from: ?? on ??

Spyce project has a bad team IMO, how can a altcoin that was once trading at 1$ in 2019 turn 0.007$ in 2020 before the bounty distribution commenced? This shows that there aren't good development for this token or should I say no more good demand anymore?

Somehow you are right, the team is not doing well.
The team have to make a good announcement (listing.etc), or they should start trading competition if they want their token price to be good.

Davian144

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Activity: 2576

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Quote from: slashz9 on June 29, 2020, 02:15:05 AM

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

davidroux

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Quote from: CryptoYar on June 29, 2020, 05:57:53 AM

When its bounty came, I joined it, I thought it has a use case but seeing his condition, I don't think there will be any benefit, hard work and time is wasted.
It is better not to expect more from Spyce tokens, be happy at what you have. Or the other way is to put this token on the staking, maybe the price will rise in the future.

Current price:

I still believe that the value of SPYCE will soon increase again and that early bounty hunters will feel sorry to sell at this price. I am not participating in this bonus campaign, but I highly appreciate the potential of this project and am ordering it at a cheap price. Of course, there will be lots of bounty hunters who will sell them at cheap prices to have money and that's an opportunity for people like me.

CryptoYar

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When its bounty came, I joined it, I thought it has a use case but seeing his condition, I don't think there will be any benefit, hard work and time is wasted.
It is better not to expect more from Spyce tokens, be happy at what you have. Or the other way is to put this token on the staking, maybe the price will rise in the future.

Current price:

Edit: added the source.
Source: https://www.coingecko.com/en/coins/spyce

Fredomago

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Quote from: slashz9 on June 29, 2020, 02:15:05 AM

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.

If being played well as some big bagholders understand the sentiments coming from bounty hunters, this bag holders also have the influenced knowing that price will be dumped once the hunters received rewards, instead of waiting for hunters they started the dumped and let the bounty holders to dumped with lesser value, giving them a much more coins to collect. Though it's possibilities but still everything still lying with how developers will take over.

Furious 7

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Quote from: Akiko on June 29, 2020, 01:27:07 AM

Quote from: BigBos on June 29, 2020, 01:00:30 AM

I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.

The result of the project will always be depend on how teams works about the project and what kind of product they can offer and if its really usable for investors . It will back to the right value of it if many investors see the potential of the project on long terms plans.

If they can provide a good development then the dump we experience is just temporarily and we can see green movement again when all hunters sold all their holdings.

And like their COBA game products, not many people are interested in investors because this game is quite difficult in my opinion and must use a browser that they make means that it cannot be used in other browsers, therefore there are very few users of their products.

b1k4ng

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Quote from: slashz9 on June 29, 2020, 02:15:05 AM

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

slashz9

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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.

niisarearning

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There is two possibilities one bounty hunters started to dump coin as soon they received to compensate their effort put to promote the bounty token . Her we cant blame bounty hunters because at last they also want to get paid for their effort.
Second Token owners already knows that bounty hunter going to sell coin so that they can dump the coin and buy from low cost from the bounty hunters . Here they also should think about actual investors so they might dump and pump again . Its just possibility . If token or solution is having real tram and solution it will bounce back .

Akiko

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Quote from: BigBos on June 29, 2020, 01:00:30 AM

I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.

The result of the project will always be depend on how teams works about the project and what kind of product they can offer and if its really usable for investors . It will back to the right value of it if many investors see the potential of the project on long terms plans.

If they can provide a good development then the dump we experience is just temporarily and we can see green movement again when all hunters sold all their holdings.

aditasetia123

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Quote from: BigBos on June 29, 2020, 01:00:30 AM

I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.

so the key for price recovery was product developtment. its normal if price drop after bounty distribution , moreover people that get token freely for them sell at any price will be okay. no one should not blame them , the thing that be question is how about dev team work to make price recovery. what will they do with product dev progress.

BigBos

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I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.

X-ray

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Quote from: bassbity on June 28, 2020, 10:32:18 AM

Quote from: Anonymous100 on June 28, 2020, 09:38:24 AM

Quote from: Davian144 on June 23, 2020, 10:08:36 AM

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.

Both are not having a lot of liquidity and probit is the worst exchange site and bw is much better than probit and you can't expect probit will bring a very good impact to the price as so many IEOs launched on probit have become scam project too.

bassbity

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Quote from: Anonymous100 on June 28, 2020, 09:38:24 AM

Quote from: Davian144 on June 23, 2020, 10:08:36 AM

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.

Anonymous100

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Quote from: Davian144 on June 23, 2020, 10:08:36 AM

This is the case that I found today on bw.com exchange, but in this case I also do not fully blame the bounty participants, because I myself also included as a participant in the Spyce campaign, but what I wonder why is that when the distribution is finished the price drops right away ? and things like this don't only happen to Spyce tokens, but some other tokens also experience almost the same thing, does anyone know what the main cause is ?

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.

Davian144

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Quote from: miklesm on June 28, 2020, 12:50:12 AM

Personally, I have already sold my Bounty reward as it seems like the price will be only falling in the future. There was not a huge bounty pool, but the lack of liquidity on Exchange decreased the price significantly.

A very wise move, I myself have also sold spyce tokens after a few days of trading on the BW exchange, because I also think that spyce tokens will take a long time to move upwards, so I release them.

Quote from: pankaj1234 on June 28, 2020, 01:13:04 AM

Yes price has gone to very low. Bounty hunters may be selling their coin coin. For spyce to go up in market team has to list the coin in some another markets as well. Liquidity is the main problems on bw.com or in probit in spy/kr pair as well. Price might go some up after bounty hunters selling period ends.Marketing team should think more about this project.

Yes, if the marketing team is still thinking about this, of course they will also find ways to be able to make prices more effective and more tolerable than now, the only problem is whether they still care about Spyce tokens?

Quote from: Inkdull on June 28, 2020, 02:51:00 AM

Spyce project needs more exchange than ever right now, BW exchange isn't having enough volume but still better than Probit exchange, still they need to list on other exchanges for that token value to come around

If we compare BW and Probit, they are basically almost the same when it is examined in volume, and if the team wants to do a listing on probit, I think this is also a very good thing for their tokens.

Inkdull

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Spyce project needs more exchange than ever right now, BW exchange isn't having enough volume but still better than Probit exchange, still they need to list on other exchanges for that token value to come around

pankaj1234

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Yes price has gone to very low. Bounty hunters may be selling their coin coin. For spyce to go up in market team has to list the coin in some another markets as well. Liquidity is the main problems on bw.com or in probit in spy/kr pair as well. Price might go some up after bounty hunters selling period ends.Marketing team should think more about this project.

Topic: Spyce Price Conditions before and After Distribution - page 2. (Read 727 times)