Re: My opinion about dumps caused by bounty participants.
Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
yes you're right, even without token bounty if there is no demand then the price will dump. so stop blaming bounty hunters for dump problems. what should be questioned is why after ico / ieo ends there are no more demand.