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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

https://i.imgur.com/sbx37FT.png

Look at the current crypto market conditions, all of them have experienced a severe decline so that SPYCE is experiencing the same thing, it might be the influence of the market as well so that when SPYCE is listed on probit it is not right so the price becomes a dump.

I think you are not too panicked if the market has recovered, then the SPYCE token will also follow to recover, believe me.

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

i actually want it to add in my list .
Its already tradeable in that exchange right?


The main reasons why its decrease because someone is selling it maybe one of the early investors because they never expected they will need the money at this time .or else one of the team or the manager that they pay using thier tokens.

This is not surprising these days, we all know the current market conditions are not good because of corona epidemic even the well established altcoins are in big dip so it's really hard for new altcoins to perform well. Circumstances won't be same we just have to be patience and wait for the right moment.

Is not it common that BTC price will affect the whole market? I see nothing wrong there. However, SPYCE is an IEO coin which is not a big deal. We often see this case in the market, when they start bounty campaign, price seems skyrocketing but later it turns that bounty participants have promoted a project for less than peanut.

1. The market condition isn't in good shape right now, all projects are getting affected
2. Might be that early investors decide to dump since we are in panic state right now in crypto space.
3. Might even be that the team are responsible for this action, it's not a new thing in crypto space

The price already cut in half? Wow well Bitcoin is losing value presently too maybe it got affected because of the present crypto market condition, not until Coronavirus is gone there will never be any stability in crypto market

I suggest you continue promoting the project, the bounty manager already updated the first week of the campaign and only three weeks left, do not leave the campaign because the price of exchange already dropped, there is high chance it will recover

many events like this, and no one can guarantee that IEO prices will be met under ordinary circumstances. many reasons that the price does not match the one calculated at IEO.
it is believed that it will go down again during the journey let alone see the current situation bitcoin is at a position of falling prices. There are two alternatives that will occur if you wait for the price to be in line with the IEO, it will indeed be able to at that price or even become worthless.

Guys let's be honest, Coronavirus is affecting crypto market but as for this Spyce bounty it's still uncertain because we don't know how demanding the token will be, more demand more value isn't it?

And now the price is getting down to $ 0.016 (20 KRW)
I think this is normal because the market situation is not stable, after all the volume in probit is not so large. Btw is the SPYCE / USDT market removed? I can't see it now

Well each and every coin is struggling to keep its value, even the big guns like byc and eth have gone more than 50 percent down in value due to recent market crash due to corona virus panic and dumping, so just hold on as the situation regarding this virus improves we will see market recovering fast.

This has become a normal thing because the entire crypto market is down, so the SPYCE token will also experience the same thing as other tokens, this token runs with IEO so I think dumps can happen but we also need time to start growing again.

I am promoting this project because I know that SPYCE is a good token for the future prices will not be like beans.

Look at the charts, everything is going down and that's why the value of that bounty token that you are about to receive is also plummeting.

No one can flee the tanking of the market unless you go with stable coin.

Right ,, at this time the value of rewards in the bounty will be very small if you see market conditions like this will all experience a severe decline including SPYCE tokens.

The distribution of tokens is still natural for about 5 months so there is still time for hunters to stay calm and I'm sure in the next 5 months the tokens will recover.

Why pointing out on Spyce the whole market is in red I am getting my payout from my campaign with Bitcoin but Bitcoin value is down over 40%, things are not good in the market because of the Pandemic we are experiencing, we should not point on one bounty or coin only, that's baseless analysis.

in my opinion for now the price development will be quite difficult, one of which is the development of the corona virus, which keeps the economy and BTC also experiencing a significant price decline, because when BTC prices go down, some altcoins will also go up. down prices.

The market is just plunging and if BTC drops, all those coins as well can also plunge down. This decline of spyce token is not surprising because almost all are also dropping.


OP had joined the spyce campaign, you would expect him to profit from the campaign once the tokens are distributed. But like you who collects BTC, everyone is affected by this corona virus effect.

The project is new and it depends on how good it use case is, if the use case is good enough the price will definitely increase, now OP should concentrate more on promoting the project, it's too early to judge if it will be profitable or not

Op I can understand the root of your worry, you're one of the promoters of this project, and the price is crashing so low, this inevitably creates panic. But there are a lot going on at this moment to act as consolation, even bitcoin is going down, and other alts as well, it's that condition that's prevailing in the market at this time. But altcoins/icos are known for this, starting high and ending low, so your project may not be affected by the market, the major coins could rise, leaving it behind, you can only hope, and that's what ico promoters and investors have been left with for a long time now.

Sounds like OP don't know what's going on in crypto space presently, it's undeniable that Coronavirus outbreak is affecting crypto market and all top altcoins are losing value, it's nothing new, just try to hold unto your tokens for a bit longer until everything is settled

If you're too worried about the value of your potential rewards in the future because it is affected of the markets downtrend. There's a choice that you can do as early as now and that is to...

Leave that bounty as early as this moment, if you think it's not worth it anymore.

     I think Spyce only follows the downward trend of most crypto currencies, due to people's panic about COVID-19. You just have to be patient and things will return to normal. I don't think the Spyce price is currently influenced by the ongoing bounty campaign.

Do you want any coin to start growing in price now after IEO? Now people are selling all their coins. look at the market. everything dumped to hell. people fixing losses in order to save at least some part of their money. therefore, do not be surprised at any falls. my portfolio now looks awful, but I do not ask why because everything is obvious

In dealing with any coin or project, first thing to note is not to follow hype. From experience, I have come to understand that hyped projects mostly disappoint. But you see those ones on low key and neglected does better than expected.

Well, the market condition now is not to be used to judge the performance of any coin. Give it time and then see what happens.

To be frank, i think spyce is actually doing well and trying to survive.
Why do i say so ? Bitcoin just got bearish and all tokens in the crypto sphere and for spyce to maintain a 50% drop in times like this, i think it is a good project with a proper tendency to spike upward when bitcoin soars back in price and value.

I think in respect to spyce, what you really need to look out for is their trading volume, is it inspiring and true ?

Not just this token. The entire crypto market is down right now. Maybe grow again, when the crypto market is somewhat stable. But it requires a lot of time. There is massive sellof everywhere. So SPYCE is in the same situation. Maybe SPYCE prices will rise again and investors will get their money back.

Have you checked other project also and see their performance before pointing out spyce. The whole world is current being affected by the Corona situation and even the great Bitcoin went to below 5000$ and there is still possibility of going down more. Nothing is wrong with SPYCE price. It's a good project so it will recover. There are also more listing on the way. Everything will be fine.

Actually, I can't see anything wrong with this happening to a new coin which has not been given attention from potential investors. I see nothing happening to a new coin that has just ended ieo or still undergoing ieo which can attract more investors to it. Bear in your mind that, this type of projects are the best project you can see during the bear period. The general market is down and new coins will follow suits, so, keewp it low because spyce is a promising project with serious minded team members to build the project.

SPYCE is only listed on BW and Probit, give it some time I'm sure the project will do better, it's use case is still fair enough and since it's asian project I expect good result

Probit isn't very good exchange but some having very good campaign. SPYCE is also good campaign but market situation is very bad. This market crisis for coronavirus, which is already affected on our whole ecosystem. 2008 stock crisis we saw in every market now virus effect is showing on all currency and SPYCE part of it.

the price down is normal for new coins, I myself have followed the bounty listed on probit but for the first time the price is good but after a few days the price has dropped, maybe this also happened to SPYCE plus the effect of the falling price of bitcoin due to the corona virus, maybe I should wait long for prices to return to normal

Don't be surprised by prices that don't match IEO when listing on the Exchange. Not only Spyce, but many other coins experience the same thing. The current state of the crypto market is not supportive.

Beginning in 2019 until now the crypto market is not good and is added again with the Global Pandemic Covid19 Corona disaster which made the market decline.

If you believe in the coin, all you have to do is hold it. If the developer continues to actively develop the project, then one day the price will reach an IEO price or more, depending on the marketing strategy carried out by the developer.

Crypto prices has decrease by about 50% and as most investors invested with their crypto on the token, that price decrease is not a surprising one for them. This volatility of crypto is making the crypto fundraising difficult. Many of the projects goes with converting the deposited crypto price to USD at time of buying and lock them the equivalent tokens which seems to be a better practice.

There will be no mercy, all these currencies are going down - its a pain but thats what it is.

With a partnership to produce a national currency TemTum is a smart investment choice.
while every other coin is dropping it will soon be bouncing back.

It is reasonable because BTC prices have also dropped and market conditions continue to decrease these days, so old will follow.
The same situation will also occur if BTC rises, old rises as well, without having to develop or start a new exchange for the project.

No need to surprise or cut loss, this is corona effect. If you're bounty hunter just finish the task but if you are trader/ investor just fix your plan, get better position for buy back or cut loss all transaction and start again. This is not end of the world we should grow up with market volatility. I suggest to finish what you start whatever method you use, in this part your patience and analysis take big part for your future.

Yeah, the price doesn't match the IEO right when listing, I think this is because of some effects, like the falling market or indeed because Covid-19 continues to haunt all the other global markets so that the decline in this SPYCE token I think is very reasonable if the market has recovered I'm sure SPYCE will move to increase.

I don't invest in IEO but I only promote it through the bounty campaign and after I get the token from the bounty I will hold it because I am sure that the SPYCE token will be more in the future if it is held longer.

The developer is quite active in his marketing strategy.

Probit in my opinion is a good exchanger, while regarding prices that fall below the IEO price, it might happen because of the amount of discount given when the IEO period runs. However, if you decide to invest in IEO, it's better if IEO is organized by large exchangers like Binance or Huobi because the volume of transactions in one day reaches millions of dollars.

It's not that easy to participate in IEO run on Binance or Huobi, you have to get a lottery ticket, and you have to get a queue number, pure luck that will make you able to participate in IEO Binance.

I don't know how much longer this Coronavirus outbreak will be around, it will surely have bad effects on new projects the most, new investors won't have interest that much because of the panic, the sooner they get a solution the better

Be patience for now, that's the best advice I can pass unto others, if you are a bounty Hunter do not quit, if good time is going to occur in crypto space no one is going to see it coming just like Coronavirus takes over crypto market in 2020 when no one is expecting such

Yes, and now all parties are looking for solutions to deal with the corona virus outbreak, so stay patient and always be calm in the face of the current situation, we do not know when this outbreak will end, but rest assured someday this outbreak will end.

I think this is because the market effect is not because the Probit SPYCE exchange chooses IEO on probit because he knows that probit is a good exchange so in my opinion this is the best choice for SPYCE tokens.

We just need time to recover on this token because as I know the pair on KRW always has good value, maybe Korean investors will choose this SPYCE coin.

Seriously, everything is going down like crazy, I doubt this matters all that much. Even on normal cases there are tons of IEO that goes down after it becomes public because they are giving away almost free money to everyone, people invest on something for .6 cents and it starts out at 1 dollars instead, so everyone starts to sell to make a good profit and in the end prices go down even further because when the price starts to go down everyone gets scared they will be the one holding the last hand and they want to get out quickly as well.

But, that is just the regular stand point when everything is normal, right now everything is NOT normal and that is why I can understand why this would go down as well, everything went down, why wouldn't this new one go down as well.

That's right, and I, as a bounty hunter, still do my work as usual, because the coronavirus problem that is happening right now is an unexpected thing, so there is no reason to stop working, even though governments in each country have given an appeal to prevent this virus Corona.

Spyce token listed ProBit exchange, IEO is conducted in these exchange. In my opinion right now you can buy because it’s 2x cheaper price from IEO price, So a lot possibility to recover IEO price. Spyce is so much confidential project. Investors didn’t trade below IEO price i think it’s price affecting by recent dropped. Not only Spyce token just one day many tokens dumps -40%.    

Currently, the market is in fire all the prices of Bitcoin and altcoins are descending, and this occurs suddenly due to the presence of Corona viruses that are being struck all over the world so disturbed all real activity and also impact on Crypto world, if SPYCE is currently down price it is very influential on the value of Bitcoin which is currently down.

I think people are talking about specific coins because they bought them and now they are losing a lot of money and want to sell their assets. this is stupid. buy when everything is falling now and talk about the fact that I lost some money. if you bought now just leave this project and wait for the good times to come.

You do not have to worry and stop the panic attack because all the cryptocurrencies in the market is also currently down not just the SPYCE token and this is due to the current situation our world is up to. Maybe after this situation ends, the market will bounce back to normal in which the prices of all the cryptocurrencies in the market which includes Bitcoin and all the Altcoins will increase once again. The price you have included on the screenshot you have provided shows that the price of that token is based on Bitcoin and because the price of it is currently down, so with the SPYCE also. Once the market price of Bitcoin rises up once again, which will surely happen because we always see that this is happening whenever we have such circumstances, the all the cryptocurrencies that base their prices from Bitcoin will also rise up their prices. As of the moment, just settle down, be calm and don't panic because having panic won't help you settle with the current situation. Just wait up because everything will be fine. Let us just all hope that this scenario will end as soon as possible with accordance to the solution for the pandemic virus that is affecting the whole world.

Well the market is facing bad condition right now because of negative event happening in the world you know corona virus so I'm not surprised if that token is dumping -50% not just spyce but all cryptos in the market.

It might be the market situation itself which is pulling down the price of all cryptos. Even Bitcoin at this moment is struggling to make a comeback, its market value is down by almost 50% from its market value increase last month. It is I think the reason why the market value of newly finished campaigns are falling, just like what happened on the previous correction when Bitcoin reached its all time high. After that, huge projects failed, many investors lost money from their investment to different coins from different projects.

I doubt that all cryptos would be able to cope up with the recovery, once it occur. Only those of which are having high demands, would be the ones who would comply with the uptrend or bullish run. And another problem is that, no one knows when will recovery occur, therefore, one should be patient to wait with uncertainty of until when will the crash continue.

I really don't see any big deal now,if the price has fallen tremdously, it's only normal because right now,the crypto market is down,you can hardly find a coin that hasn't fallen ,moreover bitcoin itself is down,every other coin is following same,so no need to panic, once the market recovers the coin will go back up.

Stop looking for the next "pump" lol. Stay away from new projects until they have proven themselves. It's not 2017 anymore, and you wont make money THAT easily anymore.

Instead research projects with actual development, great roadmaps, etc. To give you an idea, check out Stakenet, who invented cold staking (Trustless Proof Of Stake).
They're building the worlds first Lightning supported DEX and Multi Currency Wallet. The upside potential on this one is MASSIVE!

https://i.imgur.com/beBOjaw.png


https://www.youtube.com/watch?v=sXj3_qKSUBk

That is normal to see the price will go down after the program ended because the price will always back to the original price that we see at the market. I think you can anticipate the price drop by selling the token/coin as soon as the token/coin listed on the market so you can still make a profit from the token. But if you still hold the token/coin, you will see the changing of the price, and that can make you get stress if you don't do something. So you need to stay calm and don't panic if the price is drop.

The price of spyce token is down because all coins are experiencing a price decline. This is normal for the cryptocurrency market, because it is
not long again if the market starts to improve and all coin prices start to rise again. Surely the price of spyce token will go up again, and
therefore investment in cryptocurrency called very high risk, because its price movements are indeed very volatile.

Understood, this morning coins like BSV is up 30% and BCH is up with 22% and also other altcoins, this is very impressive and Im positive about SPYCE Token value as well, although I can't find the price on Probit exchange anymore

actually not only SPYCE, but there are still some other cryptoqurrency whose prices are weakening. the current cryptoqurrency market situation is not yet stable, there are still many negative news about the crypto market, especially the impact of Corona Virus is also one of the causes. but I believe that the crypto market situation can improve soon.

There is nothing to be surprise about, lots of project are experiencing same, and don't forget most new listed coin also experience dump before they start rising, the project is new, the current market condition is not helping, this factors can affect the price movement of the token, price will recover in due time.

In my opinion, the ups and downs of prices are common. related to the SPYCE project the price dropped after IEO ended, we can't panic. because I'm sure if the SPYCE team has other calculations later, and it could be that the exchange is not just on probit, maybe they will also register on another exchange. stay positive about it.

Nowadays most projects and bounty campaigns go such way. There is lack of interested customers on market and there are a lot of new projects, so people just can`t buy every token on every exchange, so price is going down. Hope that in future cryptocommunity will be stronger so it will help to avoid cases like this. According Spyce I hear about this project first time, maybe they have some amazing news to make price go up.

Fluctuations in the price of coins or tokens on exchanges are common. Every rising price will definitely go down, and every time the going down price will come time to increase. At least after you have the token, you can trade with the token that you have.

Well, nothing is really happening, it's only normal for there to be this type of drop especially when there is panic everywhere, it's affecting all coin not just one,even bitcoin dropped ,the market doesn't even know the direction it's headed for presently. After now there will be an upward trend

If tokens are already in exchange, I think price fluctuations have become commonplace. SPYCE is just a new token, Bitcoin just dropped a very drastic price, and look at the current price of Bitcoin. It's back to the moon. If a project really runs its business well, then there will be a time of increasing prices.

With the current maket condition, i think the project is quite a good one if not the price would have dipped more than this. Undeniably,this isn't the best time for any project to conduct a tokensale or list on trading exchange as market is declining. Every cryptocurrency out there is having a fair share of the crypo price downtrend and it's not just only the cryptocurrency market but every investment option of the world due to the pandemic coronavirus

Very good example like most of the time which projects think that only bounty hunters dump the whole market. Two ways price could get either by team or investor fear to lose investment, both could be possible. Probit isn't good exchange to get list spyce project.

When this project arrived and opened bounty, I joined in signature because project is good then I saw probit exchange for IEO then I lost my interest.  Only bounty hunters isn't involved to price dump, we're all involved. Situation could change if any good exchange listed.

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 .

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.

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.

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

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.

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.

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.

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.

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.

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

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

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.

This is what every dev team always tells everyone. For almost 2 years now, I have not seen any project that falls and rises above the token sales price. Even at the present moment that many tokens that are backup with great projects are going. I do not see much prospects in upcoming projects except if they are listed on exchange platforms such as Binance

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.

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.

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. 

That's true as long as the developer keep up date with what they have been doing and investors or even buyers will always try to watch it. The price of spyce has been going down to the bottom but it is waking up slowly right now. It's that true if the price of a coin will always go down without any possibility to recover from its bottom price.

Looks like spyce has lost only 50 percent in this bearish market which is good and shows the quality of the project, i can tell you about many projects that are listed in last couple of months and they are down more than 10 times as compared to tokensale price. If you like spyce i would suggest to keep hodling and wait for better market conditions to take profit.

I think it is not due to the bonuses as they have not yet distributed to all hunters at this project. In my opinion, the price decrease is due to the market situation and the covid-19 is causing all coins in the crypto market to decline. I don't know what the future will be like, but this is a project that is worth your investment. I am willing to buy more if possible because this is one of the potential projects in the crypto market.

Agree, it does take extra effort to follow IEO in Binance but the results obtained are also commensurate. The average price increase from IEO after the initial listing is more than 2x and I think this is why many investors are interested and cause long queues

It's normal to see price down for coin that still has an ongoing bounty campaign, even when reward hadn't given out yet. Give some time since the market also not very good right now.

Decline in coin prices is common, but apart from that it seems that the SPYCE token price reduction is caused by the initial investor or part of their team getting the token at the beginning, then being sold for several reasons. However, if the project is good I think there is no need to panic. one day the price can go up again when the market has improved.

Not only normal but its always happen to every project that have an ICO and bounties . If yiu check all market price of the tokens of every project after the ICO you will see that its the same thing always happen.
Its not about the market its about the crowdfunding there is no way there still profitable ICO by this time. If you do not want to feel lost dont invest in any ICO today move to popular coins if you want to invest.

How much time should be given, and to whom should it be given, because today's bounty spyce campaign is entering the last week for all participants who took part there, and I am trying to find the name of the Spyce token on the probit exchange also does not exist, where is he? (Spyce token).

If time goes by, it changes the way in all directions, if only for a few hours, the price loss can happen without the cause of fear. The price hints at quitting trading.

I can't find SPYCE on Probit exchange anymore, and even on BW exchange the price is 0.01$ with ridiculous buy orders, now I'm starting to get worried about bounty projects, it seems they are just waste if time

Projects should not trust this probit, their exchange is full of bots and it is very suspicious most likely manipulated exchange, I knew a project that list there are dump worst than spyce, that project was dump -100% from its IEO price which is very frustrating. Maybe their listing fee is low but it is not really good for starting projects they should have choose a better one. There is no assurance that you will get the amount pegged on what is promise to you on bounty, it is all an estimated price, lucky if it hits the target price.

Really scary! Less than USD 0.062 ! To cope with the impact the economy is having, a lot has to be accommodated.

What's so scary bro? I think that new tokens like Spyce are experiencing price dumps in the market that is common to new tokens before, so there is nothing scary about the current price of Spyce tokens.

That is the general situation of this market, the token price has continuously collapsed in the past. I've seen a lot of bounty like that, the price keeps going down until the bounty hunter gets their token.

Probit has already cancelled to list spycee due to the technical reason. I guess it caused by spycee has already listed on bw before probit launch spycee IEO. That means spycee will never be listed or available on probit.

Well, they implemented IEO in the probit. And now that I've been removed from this exchange, I'm worried about the seriousness of the project. Maybe it will become a scammer in the future so everyone should be careful. Also, did the bounty hunter receive tokens from bounty?

Yeah, there is nothing to be afraid of, ups and downs of prices have often happened in the market, it could be that falling spyce prices are caused by poor market conditions, or one of the holders of a spy token sells his assets because he is experiencing financial problems. While we just enjoy the rumors that are circulating, besides spyce tokens haven't been distributed to bounty hunters, so in my opinion there is nothing to be afraid of, we just wait for developments after the tokens have been distributed.

I think spyce will be one of the scam projects as well because I see there are cases that are not approved by the exchange because it does not agree and will make the probit exchange place worse so that the spyce reject their project and immediately cancel what has been debated. good step to avoid probit defamation.

It's not strange for a coin to drop in price after IEO, it happens mostly in exchanges with lower volumes comparatively. If SPYCE dropped to about half of IEO price, it doesn't mean it won't bounce back. The team should put in more energy to revive the price, cool development updates should do the magic. Nowadays FA move the price of coins very well, so those who joined the campaign shouldn't lose hope even if reward is fixed.

I agree, it happens most of the time especially for the projectcs who recently launched and consider our current market condition, even if it is down right now, if the project continues to improve and if possible that the volume and the demand will increase, the possibility for it to increase or to bounce back is still possible.

I don't see anything surprising about this, Usually many would blame the bounty hunter, but in this case it's obviously not. The reason is probably in the team or early investors.

Maybe the institution investors got the coin at a discount rate and they are trying to offload but it could also be due to the entire market condition because if the covid virus.

In this case the bounty hunter isn't at all wrong, because their job is only to promote the project to completion, and until now the bounty hunter hasn't received a coin spyce. So there is no reason to blame the bounty hunter, while we can only see the latest information that is updated on the official bounty social media.

Most of the coins in the market are more affected by what is going on now.
It is because we facing for the coming halving by that time and now we are in halving
progress was most of the altcoins are totally got down their price value in every exchange
platform.

Looks like you are too wishing in any situation that hasn't happened or in a possibility that hasn't happened yet, you have to understand that investors are always looking for profits in any condition, they also don't want to lose just like that.

it is reasonable due to current market conditions and also does not expect prices to be stable after the project undertakes a reward and airdrop program, as prices will fall before or after the distribution of coins.
if you think the currency will rise again after you get the currency, you can keep it if in doubt, you should sell it immediately before the price drops again.

Anew project going on
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It's true that spyce is now being traded with krw and prices are not increasing after 1 month more volume is also very small, bounty distribution is very long I honestly not so sure about the project by issuing this COBA game.

It is illogical for bounty hunters to be blamed, because they only work to make promotions, while other things are clearly done by the team or the developer, and investors cannot be blamed for this, because they besides helping the project also want to find profits for themselves alone.

The price of Bitcoin has gone up a lot in the market. In fact, I am very happy. I made a mistake in some of my Bitcoin and I got a good profit from it. From this Bitcoin, I think those who can make these Bitcoin for the future will get a good profit. We have to monitor the market situation. I think normal the price of Bitcoin will increase day by day.

Bitcoin is rising but this is only temporary because halving is about to begin and this is causing the Bitcoin price to increase very quickly in just a short time. However, after halving ends, the price of Bitcoin will certainly have a major adjustment and this will cause many investors to lose money. I will only speculate for the time being and limit my investment as the risk is very high.

Is this true ? I also participated in this campaign and indeed I have not checked information about this campaign for a long time, this is very extraordinary information, but why did the price drop so drastically?

Because they listed on small exchanges and fake volumes. Currently there are many such collapsed projects in this market, so you do not need to be surprised with it.

I am sure many people are happy too, and not just you ;D

We will be happier if bitcoin price can rise higher more than $10k-$15k, especially if the price can be back to more than $20k ;D

But we cannot always be happy because bitcoin price will not always reach the high price, and the price will always go up and down in the next hours, so you need to prepare for the correction.

In what way its illogical to blame bounty hunters? So, they working by promoting the project, okay fine. But, then this means they are also promoting a scam project. They know that most of the project are scam, they still work for them. They know the price will drop soon enough, thus as soon as they get paid, they dump their tokens causing further price drop (would have happened anyway).
Tell them to stop promoting these scam projects!

Price dip is not something you call out a project for especially if they haven't done anything wrong. Price will fall no matter how you do it but trade action with good liquidity and project performance and development will help to build things back up.

The problem is that can't be achieved easily and the project needs more time to build all of those things. I know about spycee and it has already created a product and it's a better one than scam project like blockburn. spycee needs more time to build the hype

That's very bad, losing prices by up to 100%.

Spyce, I know the project is pretty good. The product is a web browser, it's ready and working. Establish cooperation with one of the blockchain-based game developers. if the dev team is more willing to collaborate with more potential exchanges, I think it will attract more market attention. This is where the role of community power from an exchange in supporting projects, it is unfortunate right, good projects but can not develop optimally because the community is less supportive.

I think this is normal. Prices are determined by supply and demand rules and the news affects this coin. I have participated in many bounty campaigns. And I have seen many coins have dropped in value many times after they were listed on exchanges. If the project that you do the bounty campaign mobilizes a lot of capital from the community, it may be listed on big exchanges like Binance, Huobi. This will help the coin gain more value.

It wasn't surprising at this time. We have been through to this in many Bounty campaigns and most of them suffered such declines ones they already in the market and then they mostly put blames on the hunters. Even though ICO/IEO has succeeded in their programs but it wasn't the assurance for their price to move high because, in reality, it will dump and it could be at worse when that has no working product in the market.

If we are going to evaluate the situation this time, you will certainly be surprised if a certain project will surge high right after its launches.

Its always happen with IEO, that token will be more cheaper from the IEO price while the campaign still on going. From my experience, that is hard to get recover to the official price. Especially that bounty campaign not over yet, that must be the second wave for dump.

Yes indeed it is not surprising for current problems, cause of pandemic crypto market is not good as expected and more than that altcoins are decreasing day by day. Maybe as you mentioned new altcoins can not move well, maybe after solved the pandemic it will be better than at the moment. It is needed to be more patient, it won't take a long time.

It happens so many times, but it is not the end of the world to be honest. There are several bounties out there doing well, but we do not talk about them or ask whatts happening why ?

Does it have to be only about the bears??
The bounty campaign is fixated to the token, and the project is solid. It will stand out in the near future.

it caused by they have ended as a dead coin as well. Yes it does and the price have plunged a lot and the probit listing has already cancelled due to the problem between spycee team and probit team.

I think the investors are selling their altcoin so that's why the price is decreasing maybe for my opinion.

that drop isn't surprising Some traders want to get profit early on .. and some time team sell their tokens to raise funds for the project. In terms of bounty now a days it's very difficult to find the one which actually give good returns. Still there are few threads out there in the forum regarding exchangeable bounties or the one which are paying in weekly basis.

There is possibility of price recovery if the project development is still ongoing, if the present value isn't good enough for you its not bad to hold the tokens for a while, you can never tell what will happen few months later

There is nothing surprising here, because this is the Probit exchange, and the Probit exchange is not better than P2PB2B or Vindax, and as we know these are scam exchanges and it is better not to contact them at all and you need to bypass them and unfortunately Probit is now also blacklisted by a lot of people.

There are many reasons why this could happen. Early investors may have dumped the price for their own needs. Again, it may be that someone from the team sells his portion & there could be many more reasons. If the price goes down due to the red market, then we will see market recovery again very soon.

probit is one of the less good exchanges and has a fake volume, maybe that's one of the reasons why the price falls below the IEO price, the lack of enthusiasts in this project so there is little demand in the market is also the reason for dumping

That is not new in crypto market and not only that project drop down the value of their tokens drastically while bounty campaign is still running. A lot of new project now that put a higher value on their tokens during campaign are failed to implement that amount and that is because they do not hold the market. Always remember crypto market is volatile and value of tokens is base on the demand and supply.

Obviously bounty campaign is still ongoing, because if SPYCE drop value IEO will end up on probit exchange in bounty campaign.

This happens probably because of the current market condition, I believe when pumps comes, spyce token will surely pump aswell because spyce seems to be a good project with a solid team working actively to reach their peak.

Is the campaign still running? As far as I can see the campaign ended a few months ago and all bounty hunters got their tokens, although the price has dropped quite a bit they still get a good enough amount after 1-2 months of work.

If they have distributed the token to bounty participants, all blames will be focused to this direction that the token was dumped by hunters but that is not usually the case as most often, the total allocation for bounty is less than 5% of the total supply. So, it is market that determine the price and the progressive development of the team with timely update.

Several issues could cause a token to reduce in value, not all price drop can be traced to bounty hunters. In fact, this case was a clear indication, because the bounty was still ongoing and they're yet to distribute the bounty reward. I just wish that people should stop connecting price reduction to the impact of bounty hunters, if the projects were so determined to prevent their tokens from dropping, they should pay bounty hunters with something else.

If the value of the token/coin was reduce or drop down, I think let's change the stigma that it is because of the dumping of all the bounty hunters especially like what the author of this thread said "even if their is a limited participants". There many variables that we should also consider when the token/coin value became less that what we are expecting let's also think about that.

The price goes down after be listed on the exchanges is very normal now, not like as the previous time, the price was easy to go higher than the open sell price. You can see CRV coin, its price went down nearly 90% just after three day in Binance