It seem that almost all ICOs that get listed on exchanges usually plunge in price soon afterwards. Are bounty hunters responsible or is it as a result of the general bearish market condition?
Because almost every ICO is selling garbage, what you can do with their shitcoin? Nothing but speculate, it needs a real use case to grow their price if not the case don't expect to get gold selling dust
Yes this is true. Now the same thing has been happening even with select few which can be categorized as projects with purpose and has real-world uses. I think this is coming down to the accepted fact that ICO projects are regarded as cheap and this can be the reason why hodling is not anymore the best strategy as the story of Bitcoin can not be duplicated anymore no matter how many projects can claim to be the 'nest Bitcoin." This can also be the major reason why I am seeing a slow death for the ICO platform all because "investors" or token buyers have already been burned.