BCNEX gave bounty hunters an option to exchange BCNX tokens earned from bounty for XRP. Now, you can’t get BCNX back. You can convert it back. I think that’s BCNEX team decision to prevent dumping once listed.
The opportunity given to swap Bcnex tokens to XRP was actually given to the participants of the earned programme which is similar to airdrops and not the bounty hunters. Bcnx is yet to be distributed to the bounty hunters because the bounty is still ongoing and tokens are yet to be distributed.
Bcnex swap programs has been going very well and I guess those who are willing to swap their bcnx for xrp has completely done that, I'll like to know if the swap arrangement would be available for bounty hunters after the tokens is distributed, because the bounty would be over by this weekend and distribution should commence by next week or at best next month ending.
Yes, almost all bounty hunter dumps tokens at the time of listing, so by giving them opportunity to swap their tokens with XRP, they kind of put a limit to dumping of tokens
That's true, bounty hunters are one of the greatest dumpers of tokens, because they are only interested in getting payment for the job done and not like investors who want increase returns on investment. Bcnex should consider giving bounty hunters the opportunity to swap their bounty tokens to xrp.
I don't agree with this statement. Most of the time, bounty hunters are not even paid by the projects these days. Then how come they will dump?
LOL, it's agreeable that bounty hunters don't get paid atimes, but whenever they get paid, they love to cash out immediately, not minding whether its to the detriment of the project or not. They are after short term goal as there are several projects who would still need their services in the future.
