Topic: What is happening? - page 4. (Read 976 times)
You don't have to judge the project by its present volume as I have seen projects that went down during bounty campaign and after distribution it went back up to its normal. Though we have been discouraged by bad ones but still good ones pays. Let's check and watch.
Actually price can be recover after listing two more good exchange even we knows long days cross the altcoins market get red grap. SPYCE IEO just start on probit exchange so we need some time for processing their future roadmap target.
I think its common in cryptocurrency. You dont count the current situation right now. The economy is under pressure included cryptocurrency. I think there is a chance that SPYCE will comeback in short or long time.
Even though the price has dropped to $ 0.01 at the moment, I understand the reason for the token collapse is the market's bad situation. It has caused most of the projects to crash and SPYCE is also one of them, hopefully after this period we can see the price of altcoin can grow again.
the price will definitely rise. The project is strong and has many prospects. the price will start to rise when there is some brighter time on the market. I'm not worried about prices now. if I have free money - I buy more coins and wait for growth
Well, there could be many reasons for this, firstly, the market is not stable and it reflects on all crypto. Secondly, most projects do offer a discount on token sales meaning some individuals might sell off the coin if they do not believe more in the project or they urgently need money. Since the IEO is not over and probably the token is not listed for sales. It might be market volatility that affects the price.
It is normal that the token may drops but the thing is when the token drops the bounty campaign is still doing good and based on what I have been said the bounty has been have a limitation to the number of bounty hunters that will participate so it is kind of bad because those bounty hunters that want to participate will not because the campaign can't accommodate them all.
I don't think bounties somehow could help token not to fall further.I mean yeah it is a way to keep people's interest rate higher, but I don't think it brings enough value to keep the token alive
It is normal that the token may drops but the thing is when the token drops the bounty campaign is still doing good and based on what I have been said the bounty has been have a limitation to the number of bounty hunters that will participate so it is kind of bad because those bounty hunters that want to participate will not because the campaign can't accommodate them all.
Even though the price has dropped to $ 0.01 at the moment, I understand the reason for the token collapse is the market's bad situation. It has caused most of the projects to crash and SPYCE is also one of them, hopefully after this period we can see the price of altcoin can grow again.
the price will definitely rise. The project is strong and has many prospects. the price will start to rise when there is some brighter time on the market. I'm not worried about prices now. if I have free money - I buy more coins and wait for growth 
Even though the price has dropped to $ 0.01 at the moment, I understand the reason for the token collapse is the market's bad situation. It has caused most of the projects to crash and SPYCE is also one of them, hopefully after this period we can see the price of altcoin can grow again.
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Do not panic it will recover, all altcoins are in red, the token might even go down because Bitcoin just get rejected from 5000$ support , this will be a big bear market, i expect people to be strong from now on,the least we need right now is getting panic, it won't help
With what is happening in the market right now, recovering isn't part of them.See other altcoins out there and tell me who did recovered already? Probably some of the coins on top like ChainLink but most if not all of them declined when the price of Bitcoin goes down so hard. No bear market here though lols. Its just the sentiment of the investors changed because of the mass panic created by the virus and that's it.
I'm not saying that it will not recover it though but it will take many years for it to happen or if Bitcoin will reach its past ATH which is almost $20,000.
This often happens, friends, where new coins/tokens when listed on the exchange after IEO often dump, maybe because investors want to take profits quickly. Even so if the project is good maybe one day the price will exceed IEO and also now almost all cryptos have decreased last week.
I am surprised that bounty campaign called SPYCE is already down in value after IEO ended on Probit exchange, Bounty campaign is still ongoing, what could make the price drop from 0.065 IEO price down to 0.03$ ? This is so scary lol, the bounty campaign is fixed with limited participants, I don't think this will count
There are some reasons that could be responsible for this:
1. If the token or coin has been given to the early investors, definitely when those discover that the project is not really worth it again, they will just dump it on the exchange, now imagine investors having a large amount of such coins. At times, it could even be some months after listing before hunters could be rewarded, investors would have dumped a lot on the exchange.
2. Another reason is the current state of the market. There are lots of panic now, people want to sell than investing. The situation is even affecting the existing projects let alone the new ones.
If it is a good project, definitely the price is going to bounce back.
I think is usually happen with many bounties campaign project but we never worried when IEO price going down, just hope bounty campaign manager give distribution reward depend with how much allocation before and never delay for distributing.
reward distribution depend on developer team , except they use escrow for distribution. if market or IEO price going down, some team prefer to postponed distribution except they dont care to investors. but this way sometime could not accepted by bounty hunter. they shouting to the team to do immediately. 
I think is usually happen with many bounties campaign project but we never worried when IEO price going down, just hope bounty campaign manager give distribution reward depend with how much allocation before and never delay for distributing.
The price is much stronger in this position consider there was a lot of the buy orders in the market. Spyce looks to get more demand from the market even when the trade on probit is being halted right now. Spyce is implementing a fixed payment rate that will not hurt the price.
I think is usually happen with many bounties campaign project but we never worried when IEO price going down, just hope bounty campaign manager give distribution reward depend with how much allocation before and never delay for distributing.
the campaign isnt paid weekly ? if it is then hunters might be selling after recieving thier coins but i assume it isnt because you said bounty is still ongoing and its rare to see bounties that will pay weekly but most bounties only pays after the end of thier campaign .
that is only an evidence that bounty hunter isnt the one to blame when coins are dumping but it might be investors fault that they sell thier coin . covid issue might also be the added reason on why those investor sells early
that is only an evidence that bounty hunter isnt the one to blame when coins are dumping but it might be investors fault that they sell thier coin . covid issue might also be the added reason on why those investor sells early
It's simple and easy to understand. All tokens will drop after listing on exchange because investor sell token to get back their money. And in this time plus with the bad situation of market, it may drop much. a Drop after listing is not what we use to evaluate a project. We must see what they will do and bring us their good production which they promised. A project which walks the talk will make their token price increase after time.
This kind of thing is familiar to my friend, many IEO or ICO projects that after being listed on the market always experience a high drop, and that is something I usually see, yes 70% of all IEOs are currently like that, but if you join IEO from Binance, Okex or Bittrex will be a different story
Only IEO at Binance and Okex is profitable for investors and certainly Bittrex will not be able to help you much because IEO here is very risky and does not have any successful projects here. I have participated in many IEO projects in this market and I am very fortunate to have made a profit from these large projects. Apart from these exchanges, MXC, Huobi, Bitmax are also the 3 exchanges with the most successful IEO rate in this market. 
This kind of thing is familiar to my friend, many IEO or ICO projects that after being listed on the market always experience a high drop, and that is something I usually see, yes 70% of all IEOs are currently like that, but if you join IEO from Binance, Okex or Bittrex will be a different story
I think that caused it all because of lack of support from the developer so that many projects whose prices collapsed, a project should be able to get support from the developer so that it will trigger investors and traders to invest and enter more so that surely the price will be stable or can go up . 
This kind of thing is familiar to my friend, many IEO or ICO projects that after being listed on the market always experience a high drop, and that is something I usually see, yes 70% of all IEOs are currently like that, but if you join IEO from Binance, Okex or Bittrex will be a different story
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