Do you really think bounty hunters care about what the ICO price was? They know that if they don't sell out quick, some other bounty hunter will come along and sell their tokens for less. This mentality leads to hundreds of bounty hunters dumping their tokens lower than the previous guy. If there isn't enough market demand to soak those tokens up, this lead to the market crashing.
The best way to fix this is to lock bounty payments for 6 months to a year, or release them gradually so there's a consistent flow to exchanges.
6 months is overkill; 3 months is enough for a project to have its actual vaulation in the market. And I think you're getting a bit one sided here. The bounty pool for most of the projects are far less than the pool for investors. So do you think delaying the distribution will do anything about the dump? I doubt it. |
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$10K at the end of the year is achievable. The month of August is about to end and a slight improvement in market prices has been observed. If it continuously runs this way, bitcoin value might even cross the $15K margin at the end of this year.
I'm on the more conservative estimate of its price; 10k$ by the end of this year. The problem with bitcoin reaching 15k$ is that newbie investors might get caught up again by the hype. If that happens, were are looking at another "December 2017"-- and that is very unhealthy if we are aiming for mass adoption. |
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Hello friend, do you think BTC is on Short term up trend? It break the price 6k5$ and go up to 7k$ so easy. I think shark is control the price to make us confuse.
On this situation I think the price can go up highest is 7k5$.
What do you think?
A very suspicious and familiar thing if you ask me. When I see pumps like this which are unhealthy, I automatically assume that it is the result of market manipulation and possibly, a bull trap. |
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A typical bounty campaign can last between 8-12 weeks; some lasts for almost 25 weeks (distribution of token not included). Don't misinterpret; the amount of money you receive is not directly proportional to the time you spent on it. For basis, the people who participated in the omnitude bounty signature campaign for 20 weeks only got 100$ worth of tokens.
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Some countries have no laws and regulations about cryptocurrency; if there were, it is not that strong and does not apply to all kind of circumstances. With this, they might have resort to banning it altogether for the meantime until they know how to tackle and incorporate it to their economy.
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the reason might be because market prices have risen too high and now it's time for market prices to come down and rest.
Right. The prices now are much more organic and healthy compared to those prices last December. There is no reason behind this because this is a business and in every business ups and down is a very natural thing and we need to accept this.
Bitcoin isn't a business; it is a currency so comparing it to such entities are wrong. Actually, IMO, the reason for this price depreciation is the lost of public interest in cryptocurrency in general. |
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These guys already have the fund to operate their ecosystem. They also have their services for free, so what they are essentially doing by introducing a token for their product is similar to downgrading; doing so might result in the opposite so that might be the reason.
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Not really punishing per se rather, influencing the market by a small amount. We've seen this before when China leveled-up their crypto-regulations. The prices were dumping at that time, but now, the investors must've learned.
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I think it is not that simple, i mean the ico price depends on various factors the biggest factor is the total supply of the coin or token, in other words it is technically called as tokenomics that decides the token structure, supply abd price during the ico.
Indeed, the decimal of the token also has a certain effect. Some may also base their price to the service that they offer; like property coin where a single token is worth 50$. Their reason? you are buying a share of the house. |
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There are articles, videos, blog, etc that can be find in the internet relating to bitcoin and how it works so you might just want to lool at it is more reliable. As for the price dependencies, I believe this is purely controlled by the news--wether good or bad.
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Of course, for an investor getting bummed by the market, there's only two things that will happen: one, get smarter and learn from the mistake, and two, leave this space for good. IMO, the latter must be true. Most investors have learned and were not quick to get swayed by the market.
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You can't blame them. Some of them bought at 18k$ so it must be mentally taxing for then to hold all this time. I hope though that they realize that this dump is just temporary and will recover soon.
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That's where you are mistaken. The whole premise of the the statement: "bitcoin is an investment" is based on the assumption that they are sure it will have a high value in the future -- where in fact, no one is sure of.
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bitcoin is independent when it comes to performing its task. The price however is dependent on fiat since bitcoin can also be thought of as a barter good. The only time it would be independent is when people say: "one bitcoin is one bitcoin" not "one bitcoin is $6000."
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The team is the most important aspect in an ICO. It makes sense to know which people would you entrust your money if you somehow decide to invest in the said project. If they have a link to the website, check it out. Sometimes I judge an ICO's reliability with the design of website--if they can even effort on the design of the webpage then most probably the development of the product would have the same fate.
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We are all in the dark when it comes to market price prediction but it wouldn't hurt to have some kind of metric to base one's prediction. Like how we can relate the rate of bitcoin wallet creation every month and correlate that to the price appreciation.
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Alts are bleeding right now due to panick selling, my hunch is because of the recent bitcoin ETF. Nonetheless, this is a good time to accumulate as we know that this state of the market will not last long. Altcoin season might just be just around the corner.
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The ICO space now leans toward exchange tokens, last year was utility tokens era. IMO, this is a good opportunity and we are going into the right direction since the creation of many exchanges would offer many options for the people.
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I have failed many times and made several bad calls but I still don't give up. The most important trait that one should have in this space is persistence. They say that you only lose when you stop trying, and that remains true even in crypto. I'm still in the process of learning but that is much better than stagnation.
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Some people who missed the growth of bitcoin (since 2008-2009) hopes that it will happen again in some of the many altcoins in the market. This is why many investors try their luck in the altcoins. This is not a bad move, just incredibly risky...but in retrospect, bitcoin investors several years ago undergone same risks.
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