Post
Topic
Board Altcoin Discussion
Re: I feel sorry for the EMIREX bounty hunters $20 for 9 months of waiting
by
jaberwock
on 21/10/2020, 17:59:12 UTC
It will be even more painful later if the 28th bounty payment is unlocked, the price drops drastically, the bounty hunter is to blame. The coin value is currently small and will get smaller, this is the fate that must be accepted
That is true and bounty hunters are the biggest enemies of themselves as they sell the free coins they get as soon as it hit exchanges and they are reducing the price of the coin for themselves. I don't know if anything can be done for hunters but I guess some are even happy with what they get as long as it is free.

Whenever a coin is given away in bulk quantities to bounty hunters the demise of the coin is almost certain because the heavy dumps caused by these hunters is just impossible to recover unless there are massive investors who can backup such dumps. There are guys who must be happy that they got $20 because believe me there are some asian countries where people would be happy to get that much since it's free. That is unfortunate but the truth for many users.