Spyce Price Conditions before and After Distribution

[Davian144]

I think it's commonplace after token distribution. If we say that there are some participants who throw away tokens. Participants also don't have many tokens to make a dump price. I think there are larger token holders so this can happen. Yes, we hope that the developers do not leave their tokens after distribution.

Yes, it could be that what you say is true, that is, there are bigger holders who immediately throw it away when the bounty distribution is complete, because in this case it is clearly not the act of the bounty participants, because they only get tokens in the thousands.

Maybe some traders and investors know that distribution will be done so they sell the truth. I also don't know the cause of this happening. There may be dumps that we don't know about, I think this often happens in almost projects that will be distributed,

When talking about sadness, it seems there is none, because this project succeeded with its success, but when it comes to talking often there is a price reduction on a new project is clearly possible, even though it sometimes makes someone surprised.

[rodskee]

In the beginning, liquidity at BW.com was still low, buy and sell orders differ greatly. So it is very reasonable if prices fall after the bounty is distributed.

Part of the reason to considered why the dumped take place, liquidity still low and once the bounty hunters decide
to sell all the shares, it will quickly reflects from the market.
Looking from that data, it's showed that hunters do aimed to sell while they still seeing value, they are okay taking
some profits from the bounty period of their works.
Anything can happened to this coin, if there are supporters and investors that willing to hold and allow this situation
to pass, the value will soon to rise back.

[DDante]

Ah, the dreaded pump and dump and put the blame on bounty hunters. LOL, But to be fair though, this is not the first time and won't be the last. I myself who have been holding a token that I participated more than a year ago and as soon as it was listed on Digifinex, it went on a downward spiral. But today, it is close to 100% ROI, LMAO, good thing that I hold on it never dump during the beginning.

I'm not saying that this coin will have the potential to pump in the future, but let's see how it goes. 

After the distribution ended, the coin dropped to a very low level, and this made me very afraid when I mentioned this coin. I think that if the bounty hunter still holds SPYCE, this coin will be very difficult to increase in the near future. Yesterday, many of my friends quickly sold for $0.0068, and this is a good price for them because if they wait a long time, they will definitely be more disappointed.

Maybe you are right but what if price pumps in near future? Upon all the dumps from bounty hunters the price still stable at 0.0058, since it was trading at 0.007$ before the distribution I expected the value to drop alot but that's not the case here, I think this token won't find it hard to recover

[TopTort777]

Lol. Again someone blames bounty hunters. After distribution they dropped the price from $0,008 to 0,004-0,005 on June 23
But take a look on June 10 - price dropped from $0,011 to 0,007. Who will you blame now? team or early investors?

[tabas]

There's a common thing that investors and bounty hunters think and that is to start dumping the token. Don't be caught off guard and surprised if the price goes on the dump.

In the beginning, liquidity at BW.com was still low, buy and sell orders differ greatly. So it is very reasonable if prices fall after the bounty is distributed.

Everyone waits for it to come on bw.com or any exchange.

[Davian144]

In the beginning, liquidity at BW.com was still low, buy and sell orders differ greatly. So it is very reasonable if prices fall after the bounty is distributed.

It makes sense, only what I was surprised about when the price distribution was immediately dropped was severe, even though the allocation for the bounty was not too large and everyone certainly knew the amount of the allocation.

Easy, this means that there are many sell orders on exchange than buy orders, this is very common with new projects and SPYCE don't have big Liquidity, the best exchange for this project is BW, the other exchange called Probit isn't that good

Yes, there are indeed two exchanges which are listed as Spyce tokens, namely in probit and BW, and the trading volume of the two is also different, only the amount of price reduction that occurs is almost the same on both exchanges.

I did few research on Spyce project weeks ago, I believe if the token get listed on more exchanges the price will surge, the token use case makes sense enough and the team are very active, if you got your bounty tokens already do not dump all

Yes, and I am also still waiting for the surge in prices on this Spyce token while making a little trade in the BW exchange, because the amount I get is also not much, so it's a pity to throw it away now.

[Greatchu]

I was forced to sell my Spyce token yesterday because I have no choice, I don't invest in this token, I earned through bounty promotion so nothing to lose, this token was trading at 1.03$ in 2019, yes this is so true, what makes the price dumped to 0.007$ is still unknown

[Davian144]

Lol. Again someone blames bounty hunters. After distribution they dropped the price from $0,008 to 0,004-0,005 on June 23
But take a look on June 10 - price dropped from $0,011 to 0,007. Who will you blame now? team or early investors?

I do not blame the bounty participants in this matter, it's just that I was a little surprised when finished the distribution of prices immediately dropped down without the slightest level, so I do not blame anyone because I do not know who this is and I also do not look directly at reality.

[masterrex]

IMHO, the bounty tokens have partly caused that dip, But the price is obviously low base on that supplied information and not even reach $0.01 so what can we expect from that price level? I believe it will dip further if there is no intervention will come. maybe the other affecting factor is the demand is not good thats why it cannot create much volume to lift the price.

[Ken_terrance]

I've make up my mind that I will never promote listed bounty projects anymore because all listed bounties this year dropped in value compare to listed price before bounty starts, Blockburn, Spyce and IQ cash are good examples

[BigBos]

IMHO, the bounty tokens have partly caused that dip, But the price is obviously low base on that supplied information and not even reach $0.01 so what can we expect from that price level? I believe it will dip further if there is no intervention will come. maybe the other affecting factor is the demand is not good thats why it cannot create much volume to lift the price.

the price is also dumped because there is no wall size. I see sales that are not so big, and the price changes down from $ 0.007 to $ 0.005. Well, it can be seen that the decrease is not so far. for now, holders need to wait for the price to recover, and there is a possibility it will happen 3 months after this. Well, as long as the team is still consistently improving the quality of this project, the price will return to normal.

[SyndicateLabs]

I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

[TopTort777]

I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

Take a look on bounty allocated amount and total number of tokens in supply. Do bounty hunters have strength to even move the price so dramatically? Even if all the hunters sell their tokens at once.

[umbara ardian]

I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

Take a look on bounty allocated amount and total number of tokens in supply. Do bounty hunters have strength to even move the price so dramatically? Even if all the hunters sell their tokens at once.

You need to see this altcoin's liquidity at BW.com exchange. There aren't too many purchase orders, so the price will easily collapse in a short time if the bounty hunter sells all their tokens.

[Samayuki]

This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again

[OasisDre]

I'm not surprised, demand is low and sell orders are high, don't tell me you expect price to remain the same, dump will surely happen, even if the coin wasn't listed on any exchange it will dump the moment trading starts on any exchange, only project that has high demand won't be affected

[Retainly_Collie]

This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again

If the price drops before the bounty hunter receives the token, then I think the group itself did this and made the bounty hunter get less money than expected. I have seen so many projects like this and they look so bad

[wozzek23]

This is becoming the common trend, after the coins or tokens get launched their price will drop. I think this is caused when those that received the currency are starts selling once it’s made available. But, that’s not enough to pull down a good project. Any project that’s here to stay will continue to thrive even after that happens, and as time goes on they will start coming up the chart. It just takes the right team to build it up to the level it deserves to be.

So, if you still believe in the project there is really nothing wrong with continuing to hold their tokens and having patience till things gets back to normal. But, as per many altcoin holders' experiences in recent times, long term holding is dragging them down compered to dump on receiving rewards from bounty or from ICO contribution. So, it is subjective and we cannot have one generalized practice for all the times.

[Dondeon]

I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.

[Byakuga]

I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.

Hard to believe, many investors don't have time to check if the token or coins they hold are doing bounty unless the investors are also bounty hunters on this forum, Spyce token will recover in time, the dump is not even that much