Post
Topic
Board Altcoin Discussion
Re: Is bounty hunters one of the cause of price dip of ICO?
by
Shaminyue
on 05/06/2018, 20:20:35 UTC
Bounty reward might be one of the reasons for the decreasing of coin price (many people get it after joining bounty campaign and they sell it for money or other coins -> supply increase while demand still remain the same-> price falling). However, some projects did not pay bounty campaign for weeks but their coin still decrease the its price. So I think it has the other reasons also.