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Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - Free Airdrop
by
majestymage
on 27/09/2018, 22:12:04 UTC

Why are real Semux entusiasts afraid of Bounty Hunters dumping? Is this project so weak that it must be afraid of a few coins getting on the market? Are people here so desperate about the price instead of developement?
I first thought this project is cool, but after observing these behaviors in the community - starting from the team, which is ending the campaign now for obvious fears about those mini-dumpers - I am not so sure any more.

I think it's more a question of signature campaign effectiveness in general.
But specifically for the semux campaign, it has been going on for way too long. People have been seeing this signature for almost a year now, and it pays very well, particularly to high ranking members.
I am rather puzzled by how much people resist to the campaign ending. Some people are just addicted to free money I guess but you know what? All good things come to an end some day.

The problem is that at such a drop in the market that occurred in recent months without a volume of trading, even if only a small part of the signature holders on the forum sells at once, the price can fall very much. In two or three times the price drop can easily be. Investors are afraid of this and can begin to sell even before that, even more than they will collapse the price of the asset.

This is the unholy cycle of bear markets. Some kind of positive loop which creates negative impact on the price until we hit the bottom.

Good news is we might be out of that given the overall market conditions. I've noticed many of alts are starting to post gains now.
it would be great for the bear market to be over but i still think is a bull trap and more blood is on for the streets soon enough.