Post
Topic
Board Speculation (Altcoins)
Re: Student Coin Speculation/Discussion Thread
by
Fivestar4everMVP
on 14/05/2021, 19:23:01 UTC
For student coin, i think in my opinion, student coin can hit $0.8-1 when the coin is release, i already have a list and take a note on this coin that this coin will become huge in the near future. I do really hope that student coin can grow and will become on of the best altcoins in 2021.
Based on their telegram May 15 is the distribution of bounty campaign payments to their participants. Is their any effect to STC market price once it is released? But I read that the people will just hodl it until it reach around $1.
Definitely, there's an effect, please don't believe that all of them will hold until that price is reached, maybe some but probably lots of bounty hunters will dump, the price will not dump if the volume is enough to carry the dump, besides it's just temporary as this project has a potential but we have to be realistic.
Yesterday, the CEO of student coin made an announcement in their bounty telegram group that they are already reviewing the bounty sheet and the reviewing might take from now till the 20th of this month due to the high number of participants, so this is to say that distribution of the bounty reward is sure not to happen on the 15th anymore, he also said that after the review is done, a form will be open where participants will likely fill out their student coin wallet information for payment of the reward, what am not sure now is whether it will be compulsory for all participants to receive there payment on student coin wallet, this will mean that the erc20 wallet addresses participants provided during registration to join the bounty will be useless.
Another thing the CEO said is that participants will be able to choose whether to receive their payment as STC tokens or ETH, i think this will be a wise thing as this will help to stop or prevent any dump of STC in the market due to bounty distribution, those who are going to dump STC tokens will choose to receive their reward in ETH and those who want to hold STC for long term will choose their payment in STC .....very wise decision if it can be upheld.