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?
Bounty Hunters can decide when they want to sell their coin's. People have their own preiction and need. So, if they think it Will be better for them to sell their coins as soon as possible maybe they have their own reason. But, if they can be patient more, maybe they can get more income too.
Right. We cannot blame the bounty hunters for selling their token because they need to make money from the project, and that is the reason why the price of the token is getting dump too deep. It is a job of the developer and the team to prevent the drop of the price, and they will need to think to solve or prevent that.
If they are smart, they will make a way which will prevent the price from dropping, but I don't think that will make the bounty hunters happy to see that. The price after the ICO sale will be too higher, so that makes people doesn't want to buy the token, and maybe they want to buy the token at a low price. But maybe a low price can attract more buyer to buy the token if the project was good enough to compete with the other project so I think they can increase their price at the market.
But still, every time the token release at the market, the dump will happen, and I think that will be temporary because after that the token price will increase by slowly. But related to the current situation, I think the token will need more time to increase the rate.