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Topic: All about bounty payments and its effect to the project - page 14. (Read 2094 times)

legendary
Activity: 1876
Merit: 1003
It is not always a fault of bounty hunters. In my opinion, the team is responsible for the first exchange dump. They should have locked bounty tokens or make much more advertisement to make people buy their coins after the exchange listing.
Locking the bounty rewards don't help to projects in my humble opinion. After listing on the exchanges prices tend to lose its value and bounty hunters are first coming to mind for blaming. Bounty payments are the biggest threat to the price of token after successfully sold out.
copper member
Activity: 336
Merit: 5
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
I wish developers would consider paying bounty hunters with eth or btc. That would make bounty hunting more interesting and the level of commitment would be very high. I remember carrying out a bounty for about a month and was paid about 22$ worth of eth. Sincerely, I appreciated that bounty than the others who promise amazing reward but in their token.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
in my opinion there are indeed many bounty hunters who do foolish actions by selling tokens from a project at an unreasonable price, but in my opinion not all people only do this action to point out payment problems I strongly agree but most of them apply the participants limits to bounty for which payments are made with btc or other alt

Stupid was this act or not, you can only say after the coin finally falls in price, or the rate of growth will greatly increase. It is impossible to call the sale of coins of little-known projects a mistake, because they can easily not survive until tomorrow.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
It is not always a fault of bounty hunters. In my opinion, the team is responsible for the first exchange dump. They should have locked bounty tokens or make much more advertisement to make people buy their coins after the exchange listing.
hero member
Activity: 1386
Merit: 503
Of course it is better to buy coins from bounty hunters, after they pay compensation. It will be very cheap than pokut coins on sale.
for now, in my opinion it's no longer profitable to buy from a bounty hunter or from a token sale.
Seeing what happened to the ICO project is currently not profitable, it's better to be picky before buying tokens from bounty hunters.
full member
Activity: 420
Merit: 100
Of course it is better to buy coins from bounty hunters, after they pay compensation. It will be very cheap than pokut coins on sale.
hero member
Activity: 1554
Merit: 877
in my opinion there are indeed many bounty hunters who do foolish actions by selling tokens from a project at an unreasonable price, but in my opinion not all people only do this action to point out payment problems I strongly agree but most of them apply the participants limits to bounty for which payments are made with btc or other alt
jr. member
Activity: 331
Merit: 3
I really want bounty hunters to be paid in eth if it is possible for the project team but i don't believe bounty hunter sells their token at cheap rates because most times before they pay hunters the coin is already a shit coin
sr. member
Activity: 1176
Merit: 301
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
For real? You would blame the bounty hunters for the price drop of the coin?
Look at the percentage of the bounty reward do you think that 2% would really drop it to the bottom?
And not to mention that the 2% is divided into the bounty hunters which is plenty of people and do you think that all of them would sell their share?
Come on don't blame the wrong person stop pointing it to the workers,
As a bounty hunter we work to get the share we also feel the effect when the price drops down ,
Open your eyes how could a small portion of bounty make a huge effect on the price ?
full member
Activity: 588
Merit: 100
There is a rule that more generous bounty payments in ICO value, bigger dump after bounty distribution.
So, it depends on after ICO progress and not on bounty allocation. If you receive one million tokens worths nothing, then you will know what I am talking about.
full member
Activity: 476
Merit: 108
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Bounty hunters dumping can affect price temporarily it would not take longer and it would recover if the coins have good project and great developer surrounding it price may back to where it should be. And not all bounty hunters are dumping their coins there are some who keep holding and wait when the price matures to gain more profit
sr. member
Activity: 812
Merit: 250
bounty hunters are often accused of being the ones who always drop the price of tokens when they are first listing on an exchanger, we are blamed when the price falls, the parts given at the bounty hunter are very small should it be solved by buying back. in fact, it will not make a loss project even though they have to make a buyback at the ICO price rate.

but in reality the strategy is very rarely done even DEV seems to let the price of their tokens fall.
legendary
Activity: 1288
Merit: 1036
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"

They say the market of a particular cryptocurrency is falling after the end of the ICO, they say that the bounty hunters are dumping the coins, but no doubt that is true, if we really want the price to increase, we should be patient and be mindful about long term thinking.
It is the impatient that want to make everybody make money immediately within few weeks or months after an ICO forgetting that the moment you decided to invest in a project.

You have to give it a breathing space of at least 2 years before you can start thinking of making profit but most of these ICOs also fail because their community too are not encouraging them rather, they condemn them and put them a lot on unnecessary pressure, so once we chose to invest, we have to know that it is for a long term, anyone that cannot be patient should go into trading instead.
full member
Activity: 1489
Merit: 150
The bounty payments have no real effect as they only offer 1 or 2% of the supply. The people dumping are the pre-sale investors and most likely the project team trying to raise funds themselves. They don't care as they already have ETH and BTC
Right, and I think they are reluctant to lose when the market is in chaos like now, so they say that Bounty hunters are the root of the problem of falling prices, but that is not true, they are only making false stories in this bear market.
sr. member
Activity: 1274
Merit: 267
Investors should not be worry about bounty hunters. Good project could bring the value of their tokens back (if get dumped). a really good project should be also easily increase their tokens price by developing their product and. I dont think a project tokens price dumped hard just because of bounty hunter, it also because some of investors that look for sort-term profit and then when the price dumped a little, they dont believe annymore in the project.
full member
Activity: 728
Merit: 103
The bounty payments have no real effect as they only offer 1 or 2% of the supply. The people dumping are the pre-sale investors and most likely the project team trying to raise funds themselves. They don't care as they already have ETH and BTC
full member
Activity: 549
Merit: 100
BBOD - The Best Crypto Derivatives Exchange
I'm doing bounties for a few years and I notice that if you receive a payment via ETH then the chances of getting a big rewards is low since ETH will not jump its price so easily but on the other bounty hunters takes the risk of accepting new coin as payment because they knew that the value of rewards are questionable if its go higher or lower from the ICO price.
sr. member
Activity: 1988
Merit: 275
Well, each project has determined the allocation for the bounty project. I think it has been determined by a variety of considerations and risks that are ready for developers. Moreover, the allocation for bounty is very small, the effect is not too large unless the coin or token or the project is less attractive to the market so the price cannot develop.

And the truth of the majority of these projects is that they are paying the bounty by their own tokens or coins, because they don't have money to begin with, no eth or btc to start with. So to be able to run their promotional campaigns, they will resort to using their coins in order to pursue their marketing side. They will spend nothing but gas fees if in eth tokens.
hero member
Activity: 1358
Merit: 509
Bounty hunters often lower the price of a coin because they start selling it right away. But I believe that if a team of experienced, it should have foreseen this nuance and tend to coin kept the price.
There can also be investors who sell cheaply instead of bounty hunter. After the last price decrease, there are many projects that do not have bounty, but experience great price fall. That actually depends on how the devs will manage it.
member
Activity: 406
Merit: 10
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
yes, I agree, a falling price is a mark of a failing project "ICO's". because they should have a good strategy to be able to maintain the price of their coins and I think the existence of bounty hunters should not be easy to influence the decline in the price of their coins, because they have set themselves from the beginning only a few percent allocations for bounty hunters and should not enough affect the decline in the price of their coins. and if that happens then it is clear that the project they built is a failure because they should not only think of their own benefits. they must be responsible to investors and also bounty hunters who have supported them until the project reaches the sales target.
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