Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS WORLD - Invoice trading platform - PPT
by
Anonylz
on 24/04/2019, 15:26:21 UTC


Relax is  the best, you see from the bounty sheet all counted professional and excatly, everybody should get what was earned. Selling now the bounty at this low prices would make anyway no sense ;-)

Selling would not affect the price much since it has a good volume, they can still get a good amount with their bounty but this time they are more concern whether it will be release or not. No communication from the team, that's probably not what everyone is expecting.
Spreadsheet alone could not relax people as it was promise to start the distribution on April 21, but days lapse still not distributed.
It is depends on a amount of funds you want to sell. For example, even if the volume will be 1mln$, the 100k$ sell order will affect the price seriously.
Of course it will but the total bounty is only 75000 PPT, while the price currently is $1.23 so that's only 92,250 USD but I doubt all of them would sell their bounty reward, let's just half of them will do, it will only have a little effect on the trading volume which is over $2.5 million.

Fair enough, I take it back that bounty hunters can dump the price then, that seems very unlikely. There should be a fundamental concern that the end of a bounty period can lead to lower interest in the project, in the same way we saw the price grow when the bounty was ongoing. Maybe this is more correlated to the general market, but I think it's fairly relevant. Anyway, I should probably stop talking before being accused of fudding the project and missing out on receiving the tokens  Cheesy

Not everyone is in a hurry to sell, at least i know am not gonna sell anytime soon, judging by ppt ATH of 2017 who knows what could happen if there happens to be another bull, anyways everyone is entitled to their decision, certainly some will sell but others will hold, i don't think the price will be affected a great deal either because the allocation is not that big, ppt is solid so even if price go low it will bounce back.