b1k4ng
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June 29, 2020, 07:25:35 AM |
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it will stabilize soon after the hunters sell all their tokens.
not necessarily, all depends on the development of the project. there is already plenty of evidence that when prices are dumping they will have difficulty reaching the price before. but if the team develops and does marketing well more people will be interested and the price will return
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Furious 7
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June 29, 2020, 07:27:04 AM |
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I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.
The result of the project will always be depend on how teams works about the project and what kind of product they can offer and if its really usable for investors . It will back to the right value of it if many investors see the potential of the project on long terms plans. If they can provide a good development then the dump we experience is just temporarily and we can see green movement again when all hunters sold all their holdings. And like their COBA game products, not many people are interested in investors because this game is quite difficult in my opinion and must use a browser that they make means that it cannot be used in other browsers, therefore there are very few users of their products.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Fredomago
Legendary
Offline
Activity: 3010
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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June 29, 2020, 07:27:06 AM |
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Cannot be a good reason that the bounty distribution is driving the price down, some might assume it was deliberately made so they could buy at a low price, and it will stabilize soon after the hunters sell all their tokens.
If being played well as some big bagholders understand the sentiments coming from bounty hunters, this bag holders also have the influenced knowing that price will be dumped once the hunters received rewards, instead of waiting for hunters they started the dumped and let the bounty holders to dumped with lesser value, giving them a much more coins to collect. Though it's possibilities but still everything still lying with how developers will take over.
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CryptoYar
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June 29, 2020, 10:57:53 AM Last edit: June 29, 2020, 03:19:57 PM by CryptoYar |
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When its bounty came, I joined it, I thought it has a use case but seeing his condition, I don't think there will be any benefit, hard work and time is wasted. It is better not to expect more from Spyce tokens, be happy at what you have. Or the other way is to put this token on the staking, maybe the price will rise in the future. Current price:Edit: added the source. Source: https://www.coingecko.com/en/coins/spyce
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davidroux
Sr. Member
Offline
Activity: 625
Merit: 250
io.ezystayz.com
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June 29, 2020, 11:15:16 AM |
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When its bounty came, I joined it, I thought it has a use case but seeing his condition, I don't think there will be any benefit, hard work and time is wasted. It is better not to expect more from Spyce tokens, be happy at what you have. Or the other way is to put this token on the staking, maybe the price will rise in the future. Current price:I still believe that the value of SPYCE will soon increase again and that early bounty hunters will feel sorry to sell at this price. I am not participating in this bonus campaign, but I highly appreciate the potential of this project and am ordering it at a cheap price. Of course, there will be lots of bounty hunters who will sell them at cheap prices to have money and that's an opportunity for people like me.
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Davian144 (OP)
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June 29, 2020, 02:01:43 PM |
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Cannot be a good reason that the bounty distribution is driving the price down, some might assume it was deliberately made so they could buy at a low price, and it will stabilize soon after the hunters sell all their tokens.
What percentage are you sure that it will stabilize as soon as the hunters sell all their tokens ? because so far it's been very difficult to make predictions on new tokens, and until now the price is still red and there are no signs to be stable. Source: https://www.coingecko.com/en/coins/spyce
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CryptoYar
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June 29, 2020, 03:40:11 PM |
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Spyce project has a bad team IMO, how can a altcoin that was once trading at 1$ in 2019 turn 0.007$ in 2020 before the bounty distribution commenced? This shows that there aren't good development for this token or should I say no more good demand anymore?
Somehow you are right, the team is not doing well. The team have to make a good announcement (listing.etc), or they should start trading competition if they want their token price to be good.
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bussybuddy
Full Member
Offline
Activity: 1190
Merit: 105
Enterapp Pre-Sale Live
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June 29, 2020, 03:45:14 PM |
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it will stabilize soon after the hunters sell all their tokens.
not necessarily, all depends on the development of the project. there is already plenty of evidence that when prices are dumping they will have difficulty reaching the price before. but if the team develops and does marketing well more people will be interested and the price will return I agree with you, if they can make the product and do marketing well. Well, I believe that the price will soon recover, I saw a lot of altcoins collapse and then they died. Hopefully Spyce will not move like that
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imstillthebest
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June 29, 2020, 03:57:27 PM |
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Spyce project has a bad team IMO, how can a altcoin that was once trading at 1$ in 2019 turn 0.007$ in 2020 before the bounty distribution commenced? This shows that there aren't good development for this token or should I say no more good demand anymore?
Somehow you are right, the team is not doing well. The team have to make a good announcement (listing.etc), or they should start trading competition if they want their token price to be good. but they dont have a good announcement before ? announcement is nothing because people can see it but wont impressed on what can they offer but i agree on the competition part . if they put that on thier announcement , they can increase thier chance for people to follow them . people like to do activities in return for rewards . this year was bad for most coins so i wouldnt suspect them much . wait and see for the world to recovery and see if there have been positive changes to that coin
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yangongear
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June 29, 2020, 04:30:56 PM |
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Well with the current low liquidity on the BW (a thin buy wall), even though Spyce only paid a small amount of bounty tokens, it was enough to make the price so low. We cannot blame bounty hunters for this. However, those who learn and believe in the project, they can buy some and become a holder.
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Davian144 (OP)
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June 30, 2020, 07:00:04 AM |
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This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
Everyone does have their own assessment of the project, but we still don't deserve to blame bounty participants in this case, because the allocation for bounties is small and also they are not able to control the market with a very small number of tokens.
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ancafe
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June 30, 2020, 07:06:23 AM |
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This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
Everyone does have their own assessment of the project, but we still don't deserve to blame bounty participants in this case, because the allocation for bounties is small and also they are not able to control the market with a very small number of tokens. Bounty Hunter is innocent in this case. I see this token has been dumped before the distribution of tokens for bounty hunters. besides, this is a new project that needs time to develop. we should not blame the current price. sooner or later, if this is a serious project, the price of the token will definitely go up.
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Mighty_crypt
Member
Offline
Activity: 784
Merit: 21
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June 30, 2020, 07:12:00 AM |
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Cannot be a good reason that the bounty distribution is driving the price down, some might assume it was deliberately made so they could buy at a low price, and it will stabilize soon after the hunters sell all their tokens.
What percentage are you sure that it will stabilize as soon as the hunters sell all their tokens ? because so far it's been very difficult to make predictions on new tokens, and until now the price is still red and there are no signs to be stable. Source: https://www.coingecko.com/en/coins/spyceThis is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
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Kvalentine
Member
Offline
Activity: 504
Merit: 25
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June 30, 2020, 07:21:41 AM |
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Bounty hunters aren't responsible for this dump, the token was 0.007$ before the distribution day and after distribution takes place price is back at 0.005$ now, not a huge dump but token was already down compare to when bounty starts
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bakasabo
Legendary
Offline
Activity: 2352
Merit: 1195
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June 30, 2020, 07:34:10 AM |
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This is not a good project, and they are only listed at small exchanges and without volume. If this situation continues, I believe the price of the token will continue to decline in the future. BTW I think the price of token decline in recent days is not caused by bounty hunter
Take a look on Bitcoin price in last few days. Bitcoin's price decline pulled other cryptocurrency prices down. Evaluating the project by an exchange it is listed is wrong. I'm not talking only about Spyce, but overall. Listing on a popular exchange with lots of trading pair, big volume costs a lot. Not everyone can afford it. Some just wait to be invited for IEO. Some projects have funds, but not interested in early listing, but rather concentrate on development.
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Kotone
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June 30, 2020, 07:36:56 AM |
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The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
Maybe the bounty dumping are done already. Yes thats true, if the project will do nothing to have a good marketing for their project then this will die, noting that the project have just been started. I dont know much about this spyce but from what I learned they have their own browser right? Maybe they can improve that and focus on developing and deploying more features and the investor might noticed this token in a while.
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Google+
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June 30, 2020, 08:09:58 AM |
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The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project
Maybe the bounty dumping are done already. Yes thats true, if the project will do nothing to have a good marketing for their project then this will die, noting that the project have just been started. I dont know much about this spyce but from what I learned they have their own browser right? Maybe they can improve that and focus on developing and deploying more features and the investor might noticed this token in a while. I think developers already know that when launching a bounty campaign project by allocating tokens for payments to bounty hunters, the price will fall, developers should have prepared a solution to overcome the collapse of the price of tokens at the exchange so that no investors are disappointed because the developer supports and want to keep the price high.
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beveryu778
Full Member
Offline
Activity: 542
Merit: 119
Hello World 👽
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June 30, 2020, 12:10:26 PM |
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it will stabilize soon after the hunters sell all their tokens.
not necessarily, all depends on the development of the project. there is already plenty of evidence that when prices are dumping they will have difficulty reaching the price before. but if the team develops and does marketing well more people will be interested and the price will return I agree with you, if they can make the product and do marketing well. Well, I believe that the price will soon recover, I saw a lot of altcoins collapse and then they died. Hopefully Spyce will not move like that Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.
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FireBallex
Member
Offline
Activity: 462
Merit: 19
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June 30, 2020, 12:17:37 PM |
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This project doesn't give me any reason to keep holding than dump, the price was at 1$ and it dumped to 0.007$ ? Honestly that's a red flag, what happened that makes the price to dump that much? The team dumped on their own??
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Sterbens
Sr. Member
Offline
Activity: 1848
Merit: 341
Duelbits.com
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June 30, 2020, 12:32:50 PM |
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Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.
at the beginning of the listing also I believe in this token but the old coins are discarded and the trade becomes inactive there is certainly no movement in terms of volume on both bw and probit exchanges.
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| | | . Duelbits│SPORTS | | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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