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Do altcoin bounties crash the price?
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Topic: Do altcoin bounties crash the price? (Read 583 times)
Zeeks
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Re: Do altcoin bounties crash the price?
October 25, 2017, 05:16:28 PM
#41
I don't think it has that much of an influence, bountie allocation is just a few percent of the total supply.
And if it does have an effect in some cases, if the project is good it will find it's way to the top regardless.
LeonardoDiCrypto
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Re: Do altcoin bounties crash the price?
October 25, 2017, 05:26:00 PM
#42
Not really, the idea that bounties are crashing the price is a convenient myth, bounty hunters become a sort of scapegoats for a phenomenon which has other causes.
bit-freedom
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Re: Do altcoin bounties crash the price?
October 25, 2017, 05:39:31 PM
#43
I don’t think Bounty payment will crash the price of a project. Sometimes the price crashed even before bounty payment is paid to the participants.
I feel that it is some whales that are manipulating the price by pushing it low and buy cheap. Just my 2 Satoshi.
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