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Topic: Spyce Price Conditions before and After Distribution - page 4. (Read 725 times)

member
Activity: 210
Merit: 13
I though Spyce token used to trade at 0.03$  Undecided so the price already dump to 0.007$ before bounty distribution happened, bounty hunters can't be blame for this dump because the token already dumped, only God knows why
hero member
Activity: 2576
Merit: 579
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
If it is more about securing existing assets, then it can happen and it makes sense if we think, because investors or token holders do not want to suffer losses, so they are more willing to release tokens at the price requested by the traders in the market.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
You mean they also pouring in during the bounty dump? So basically they are exiting is that what you want to say? I guess thats a lousy move for them if they bought their tokens at high peak. Also its discouraging to know if the team itself are the one cause of the dump like some of the members are dumping their share thats why the token plunge strong. I dont know just series of scenarios. But this project is not bad at all In my opinion. The team just really need to work on marketing.
legendary
Activity: 2436
Merit: 1207
I've make up my mind that I will never promote listed bounty projects anymore because all listed bounties this year dropped in value compare to listed price before bounty starts, Blockburn, Spyce and IQ cash are good examples

It was clear that participating in Blockburn bounty will be useless, based on bounty pull and number of participants.
Spyce - someone already dropped the price in the middle of June. Price has decreased almost two times since trading start. Take a look two red candles on June 9 and 11. Bounty hunters dropped the price from $0.006 to 0.004 but then it slightly recovered.  

Could you explain why you have mentioned IQ cash ? Because as far as I know, bounty hunters havent received anything so far.

"I will never promote listed bounty projects anymore" - great, bounty hunters will receive bigger reward Roll Eyes
hero member
Activity: 2576
Merit: 579
I've make up my mind that I will never promote listed bounty projects anymore because all listed bounties this year dropped in value compare to listed price before bounty starts, Blockburn, Spyce and IQ cash are good examples
When you say "that I will never promote a registered bounty project" because of the reason "all bounties registered this year have fallen in value" that's where you look "hypocritical" because the bounty project that you are joining now is also registered in two exchanges, namely Kucoin and Probit, so don't be a hypocrite when you become a hunter.


Source: https://coinmarketcap.com/currencies/arcs/markets
member
Activity: 406
Merit: 14
This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again
If the price drops before the bounty hunter receives the token, then I think the group itself did this and made the bounty hunter get less money than expected. I have seen so many projects like this and they look so bad
It's dropping after the distribution but it looks like a lot of hunters much more interested to hold their tokens in their wallet. The price will be slowly recovered again as soon as possible. It looks like the dump will be turning into the recovery phase in a short time.
You think the fast recovery is because some hunters decide to hold? Many bounty hunters dumped there tokens in fear that the price may fall further and again the bounty allocation was very low, Spyce token is a strong one
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again
If the price drops before the bounty hunter receives the token, then I think the group itself did this and made the bounty hunter get less money than expected. I have seen so many projects like this and they look so bad
It's dropping after the distribution but it looks like a lot of hunters much more interested to hold their tokens in their wallet. The price will be slowly recovered again as soon as possible. It looks like the dump will be turning into the recovery phase in a short time.
sr. member
Activity: 1036
Merit: 329
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
this is normal things happen they use that opportunity to sell at higher price then they plan to rebut back the tokens they sold at lower price when there are many bounty hunters selling their shares promoting it. It is also a strategy of traders to buy much cheaper price from hunters than the price they are selling It when IEO started.
hero member
Activity: 1274
Merit: 500
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
Hard to believe, many investors don't have time to check if the token or coins they hold are doing bounty unless the investors are also bounty hunters on this forum, Spyce token will recover in time, the dump is not even that much
SPYCE will recover when this project has a lot of news regarding big exchanges because after being distributed, bounty hunters tend to sell more.

I think this will be the most difficult time for the project, and this is also an opportunity for investors to buy some cheap coins. Of course, I am not sure about the future of this coin, but this is still a very potential project.
member
Activity: 518
Merit: 28
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
Hard to believe, many investors don't have time to check if the token or coins they hold are doing bounty unless the investors are also bounty hunters on this forum, Spyce token will recover in time, the dump is not even that much
member
Activity: 118
Merit: 11
I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.
sr. member
Activity: 1568
Merit: 283
This is becoming the common trend, after the coins or tokens get launched their price will drop. I think this is caused when those that received the currency are starts selling once it’s made available. But, that’s not enough to pull down a good project. Any project that’s here to stay will continue to thrive even after that happens, and as time goes on they will start coming up the chart. It just takes the right team to build it up to the level it deserves to be.

So, if you still believe in the project there is really nothing wrong with continuing to hold their tokens and having patience till things gets back to normal. But, as per many altcoin holders' experiences in recent times, long term holding is dragging them down compered to dump on receiving rewards from bounty or from ICO contribution. So, it is subjective and we cannot have one generalized practice for all the times.
full member
Activity: 742
Merit: 102
Second Live
This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again
If the price drops before the bounty hunter receives the token, then I think the group itself did this and made the bounty hunter get less money than expected. I have seen so many projects like this and they look so bad
member
Activity: 532
Merit: 41
I'm not surprised, demand is low and sell orders are high, don't tell me you expect price to remain the same, dump will surely happen, even if the coin wasn't listed on any exchange it will dump the moment trading starts on any exchange, only project that has high demand won't be affected
member
Activity: 574
Merit: 24
This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

Take a look on bounty allocated amount and total number of tokens in supply. Do bounty hunters have strength to even move the price so dramatically? Even if all the hunters sell their tokens at once.
You need to see this altcoin's liquidity at BW.com exchange. There aren't too many purchase orders, so the price will easily collapse in a short time if the bounty hunter sells all their tokens.
legendary
Activity: 2394
Merit: 1476
I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

Take a look on bounty allocated amount and total number of tokens in supply. Do bounty hunters have strength to even move the price so dramatically? Even if all the hunters sell their tokens at once.
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution
sr. member
Activity: 1932
Merit: 448
IMHO, the bounty tokens have partly caused that dip, But the price is obviously low base on that supplied information and not even reach $0.01 so what can we expect from that price level? I believe it will dip further if there is no intervention will come. maybe the other affecting factor is the demand is not good thats why it cannot create much volume to lift the price.
the price is also dumped because there is no wall size. I see sales that are not so big, and the price changes down from $ 0.007 to $ 0.005. Well, it can be seen that the decrease is not so far. for now, holders need to wait for the price to recover, and there is a possibility it will happen 3 months after this. Well, as long as the team is still consistently improving the quality of this project, the price will return to normal.
member
Activity: 574
Merit: 18
Making Smart Money Work
I've make up my mind that I will never promote listed bounty projects anymore because all listed bounties this year dropped in value compare to listed price before bounty starts, Blockburn, Spyce and IQ cash are good examples
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