Post
Topic
Board Altcoin Discussion
Re: Bad projects equals Bad results
by
Twinkledoe
on 18/05/2020, 22:53:05 UTC
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off

Some project cannot handle their losses after the big dump of their tokens by both of the investors and the bounty participants. That will lead to their project sink at the bottom forever. base on my years of experience in seeing some projects like that, they will likely remain at the bottom forever unless some of the whale's association will choose their project as a means to confuse investors of a bull run, like what happened to the hydrogen tokens.

If the project is really weak, they will not recover from the dump. Considering that the percentage that they distribute to bounty hunters is very small as compared to investors or the team, so even if there will be dump from hunters, they should recover fast if the team/investors will not also dump their holdings. Those that will not recover are more than likely crap projects that are only created for the dev's pockets, nothing else.