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Author Topic: Bad projects equals Bad results  (Read 1179 times)
htsy585
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April 08, 2020, 11:53:41 PM
 #101

many bad projects fail when collecting funds, but there are some bad projects that succeed in deceiving traders and investors as happened some time ago the bcnex exchange site project was finally a scam and failed which ultimately made many people lose.

I agree with you, the issue of scam projects raising huge amounts of money and packing up with the money raised from investors is the reason behind the major turndown to cryptocurrency market. The huge bear of 2018 started after so much ico projects emerges and ended up scamming people, a lot of people leave cryptocurrency investments for good since then and the huge decrease we see everyday validate the fact that people are moving out of this market and the only logical reason to it is the scam exit by project that raised money.  I just wish there more of resources that we can use to know the guenuity of a project, atleast it will help in choosing the good ones
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April 10, 2020, 09:08:35 AM
 #102

This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
I always laugh when I see people that claims that the main reasons projects fails is because bounty hunters are selling Grin. Bounty hunters are not investors, that’s what these people don’t know. Hunters are just doing their job which is to promote the project and help the project to get investors and grow.

So after this heavy work they deserve to be paid their money, and it’s not a must that they will make use of that token, they are free to sell it to for any token of their choice. I don’t see any way that hunters should be blamed for a project that failed. It’s up to the team that are running the project to put in a lot of hard work and push their project.

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April 10, 2020, 09:37:36 AM
 #103

You're right. Any good or quality project does not die after campaign or after IEO or ICO. The price of the token stays stable as project keeps being developed. A bad project dies off when people start selling the token because there's not any development going on with the project.
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April 10, 2020, 09:38:47 AM
 #104

What I found out about many and thousands of projects that failed is: many projects were created out of tin air without good idea backing these projects at anytime. Few year I have spent with cryptocurrency made me to understand that, some individuals can do anything to extort money from investors thereby creating fake and clone projects for weak investors who can't research before they invest. No matter how a project looks like, without a good product behind the project seem to end in shackles of dreams. "Show me a bad project and I will show you a bad result".
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April 10, 2020, 09:43:13 AM
 #105

~~~
~~~
And as for SPYCE, i think they will be fine because participants are limited to each campaign, so the fear of hunters dumping has been eliminated.

That is what I believe in the SPYCE project because it has a participant limit so there will not be so much dumping, I participated in a signature campaign and believe this token will have a good impact on the market, and tomorrow SPYCE will be listed on Probit.
And usually SPYCY / KRW pairs will always impact well with large volumes.
But SPYCE value is already down to 0.01cent from 3cents, that's not a good sign compared to the performance of Tachyon and Tokoin, they are not on the same path in terms of performance
miklesm
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April 10, 2020, 09:57:39 AM
 #106

Bounty hunters usually get a small part of total tokens supply, so they are unable to dump the price. If the project is not showing promising results in development, it is normally that investors start to sell their tokens causing the dump.
chanc3r
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April 10, 2020, 10:15:57 AM
 #107

You're right. Any good or quality project does not die after campaign or after IEO or ICO. The price of the token stays stable as project keeps being developed. A bad project dies off when people start selling the token because there's not any development going on with the project.
A good project can sustain all of the aspects to be synched from one to each other especially to create hype to make the buyers will not be going from its own market. A bad project dies caused by it has already made for some purpose like it has already created to be a scam project since the start and there was no intention to develop it even further.

Mighty_crypt
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April 10, 2020, 10:41:35 AM
 #108

Bounties rewards are always small if the project failed to see huge demand, these projects will easily lose value, tachyon and Tokoin are able to withstand anything even in bad market because they have many investors who are willing to buy

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April 10, 2020, 11:22:09 AM
 #109

This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
It probably because these projects have something to contribute to the market and they are not abandoned by its developer after they paid the participants. The future of a certain project lies into the hand of the developers if they don't want to make it successful and fully runs their project, it surely they will go. The intention of these projects (Tokion and Tachyon) might be good and it attracts investors to help it maintain its market price, unlike the others.
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April 10, 2020, 01:22:18 PM
 #110

~~~
~~~
And as for SPYCE, i think they will be fine because participants are limited to each campaign, so the fear of hunters dumping has been eliminated.

That is what I believe in the SPYCE project because it has a participant limit so there will not be so much dumping, I participated in a signature campaign and believe this token will have a good impact on the market, and tomorrow SPYCE will be listed on Probit.
And usually SPYCY / KRW pairs will always impact well with large volumes.
But SPYCE value is already down to 0.01cent from 3cents, that's not a good sign compared to the performance of Tachyon and Tokoin, they are not on the same path in terms of performance
SPYCE is not a good project, their prices have collapsed too much since running bounty, so I believe they will continue to crash in the future because they list at small exchanges and there is no volume. If projects do not want to collapse when bounty distribution is required, they need to be listed on large exchanges and have large volumes.

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April 10, 2020, 02:08:34 PM
 #111

Bounties rewards are always small if the project failed to see huge demand, these projects will easily lose value, tachyon and Tokoin are able to withstand anything even in bad market because they have many investors who are willing to buy
these two projects are really very good showing themselves even in bad conditions at the market. I would say that these are the only projects that should be hold for a long time and not sell from bounty rewards

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darewaller
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April 10, 2020, 07:28:09 PM
 #112

This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
You shouldn’t be blaming the hunters here. That Tokoin and Tachyon are successful projects doesn’t mean that the hunters didn’t sell their coins, they did sell their coin. You have to understand that when bounty hunters join a campaign they are doing it to get paid and not to get a share in the campaign. They help in promoting the campaign so that they can get investors. So, hunters promote and investors buy the tokens.

These are two different people. The team that are running the campaign should as well be good at what they do to be able to retain their investors, because if they are not, they will lose them. So I hope I have made this clear, there is no need for you to be blaming the hunters in this kind of situation.
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April 10, 2020, 08:58:20 PM
 #113

it is important to know that bounty hunters are not the brains behind falling coin prices. the fall in the price of coins or tokens generated from the project either occurs because the project investor himself, or someone from the team who has many tokens. so, I don't think prize hunters can be blamed as the brains behind the incident.

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April 10, 2020, 10:24:14 PM
 #114

This is not entirely true as we've seen shit projects get a lot of hype and reach new highs but legitimate projects suffer from lack of exposure and continue to struggle.

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May 17, 2020, 03:56:31 PM
 #115

Bounties rewards are always small if the project failed to see huge demand, these projects will easily lose value, tachyon and Tokoin are able to withstand anything even in bad market because they have many investors who are willing to buy
these two projects are really very good showing themselves even in bad conditions at the market. I would say that these are the only projects that should be hold for a long time and not sell from bounty rewards
Tachyon was best campaign, hunters did sell tokens instantly it’s a satisfaction but Tokoin participants has won little bit different experienced, they paid 40% to 50% tokens very quickly as far as deadline. Toko collapsed too much i don't think it will increase. I would like to say you can hold long term Tachyon if you have bounty rewards.                           

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May 17, 2020, 04:08:56 PM
 #116

Allocation for bounty hunters is usually 1 to 2 percent of the total supply, which I think does not really affect the market, maybe a little bit it will cause some temporary decrease in price but if the project is really good it will surely recover. If traders make an interest in their coin I guess it will have a good volume, it is the team jobs to do good marketing to attract more traders. But what is happening in most projects now is they are going to list on sh*t exchange, attack by bot maybe the team dump also, and the project is completely rekt which is unfortunate for hunters. Tokensale is not really a thing now, except those IEO from top exchanges which is still good.
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May 17, 2020, 04:24:45 PM
 #117

The project you mentioned is a real project that has real investors, no manipulation and no IEO on bad exchanges. Many bad project campaigns that make the hunter bounty unlucky after they have campaigned for months only valued dust coins. Both campaigns of the project that prove there is still a good campaign on the bounty thread until now.
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May 17, 2020, 06:06:16 PM
 #118

The quality of the project can only speak interest from investors. If he is interested in it, they will invest money, and accordingly, the project will be alive and will work, and will not die a couple of days after it goes on the exchange.
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May 17, 2020, 06:23:06 PM
 #119

You are definitely right about that, bad projects equal bad results. If we would make more research about that, can see that there were much more projects that could not get any good result from own projects. No doubt these numbers were higher in 2018 than in other years. The main reason is if investors would be interested in the project, this will be successful, on the contrary, it has to die.

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May 17, 2020, 06:35:06 PM
 #120

Its a common issues to most projects after they paid the bounties prices may slightly depreciate or deeply depreciated due to large volume of sell-offs however some of them quickly recover in the next few days and slowly meeting the demands. Early stage of projects are more on speculation rather than product driven prices, too early to judge as they say.

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