Post
Topic
Board Altcoin Discussion
Re: Bounty hunters killed ICO?
by
hulla
on 20/08/2019, 22:29:17 UTC
First of all, you have to keep in mind that bounty pool is only 1-2% from total supply. Now answer, how 1-2% of liquids can dump the price?
Thus is what I have been wondering about because that percentage will not lead to dumping of the tokens or coins, I onces told my friends that, haven such percentage like the one above can't perform the job of dumping. I think the project team actually have some secret they are operating with, which can be trance to the dumping. Possibly most of these projects operate underground in respect to how tokens are been dump.
The 1-2% of all total supply coin or token is not enough to cause the dump in the price of a project but I don't think the project team have some sort of secret they operate which trance the dump in price because some project owners actually believed in the project concept and skills which are not enough to make a project survive in the crypto market. What I mean is that they also need some advice and direction from a crypto enthusiast which understand perfectly what the crypto sphere want and how to target the audience.