What is happening?

[Coyster]

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.

[Novatech8]

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

[jossiel]

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.

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.

[wingfield_crypto]

     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.

[Thomas-s]

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

[Bububoyeer]

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.

[cytpoway121]

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

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 ?

[ScamViruS]

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

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.

[doctor877]

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.

[XCANA]

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.

[Bitbtc8]

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

[oscarftw]

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

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.

[ahyadinnn]

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

[taufik123]

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.

[tsaroz]

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.

[MrMcKinney]

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

[cablelavish]

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.

[GreenStox]

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.

[yanto@1977]

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.

[Raflesia]

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.

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.