Post
Topic
Board Altcoin Discussion
Re: Bounty hunters killed ICO?
by
icekohl
on 04/09/2019, 15:08:14 UTC
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.

True or False?
I think not. If you compare bounty allocation with total raised fund, It cannot affect token prices. Team and private investors are the ones who hold the most tokens, and they are the cause of the dump. So stop blame hunters for that.