Topic: Are bounty participant really the cause of dumping coins? - page 6. (Read 1609 times)
Bounty participants are not really the cause of dumping coins because of these reasons, firstly bounty participants only get 1-3% of the total tokens sold which is very insignificant part of the whole coins in supply and secondly ICOs investors are offered huge bonuses which contributes largely to dumping in market because they can sell below ICO price and still get good profit
I think that is just the reason for the developers, they blame the bounty participants, because dumping occurs if investors have lost confidence and immediately sell all the assets they have, and that will make it all end
For my little exposure to some ICO's has made me notice from many investors apportioning most blame on bounty participant as the main cause of dumping coin on market far less than ICO prices. Some claim since they really dash them the coin for free they really do not care about the market but rather dump them and go their way leaving the fate of genuine investors and managers at the mercy of this dumped coins. But i truly believe that bounty participant really engage their time and earn these coins of which some really don't dump just like that. What is the actual cause of dumping of most ICO coins, is it a matter of bounty participant, investors or on the part ICO managers concept of plan for these coins?
Well, I cannot say that the bounty hunters selling their tokens right away is NOT the cause of the dumping of the market value of a specific ICO. It contributes, however it is not the major determinant in this equation.
Most of the time its the greedy investors that try to flip and take profit from every other ico, they invest in big bonus phases and sell their coins as soon as they are listed somewhere and take profit in the form of bonus which they also sell and dump the overall value of the coin, bounty hunters also have a dumping effect but i think nowadays bounty rewards are not that big too cause major dumps.
I've noticed it too. What are investors waiting? Everyone has its own needs.
not really. because we just want to make the coin function properly as well as not to fulfill it, but we only get the prize.
99% ICO is damned to fail, and the majority of the bounty hunter is only aiming for a quick buck, the majority of them does not really care about what the project really is, they will just immediately convert to FIAT or BTC/ETH as soon as they received the token.
I don't know the answer for your question, but it surely shouldn't happen with ICOs, devs should be aware of their coin distribution and allocate some funds for buy support.
But thinking for a moment, who's more likely to dump coins seeing price going down/ up - someone who invested substantial money to buy it or someone who got small share with little effort? In my opinion it's the former, nobody likes losing invested money and in case of market going up, losing potential profit.
But thinking for a moment, who's more likely to dump coins seeing price going down/ up - someone who invested substantial money to buy it or someone who got small share with little effort? In my opinion it's the former, nobody likes losing invested money and in case of market going up, losing potential profit.
For my little exposure to some ICO's has made me notice from many investors apportioning most blame on bounty participant as the main cause of dumping coin on market far less than ICO prices. Some claim since they really dash them the coin for free they really do not care about the market but rather dump them and go their way leaving the fate of genuine investors and managers at the mercy of this dumped coins. But i truly believe that bounty participant really engage their time and earn these coins of which some really don't dump just like that. What is the actual cause of dumping of most ICO coins, is it a matter of bounty participant, investors or on the part ICO managers concept of plan for these coins?
There are a few things that ICO need to do to ensure a better intial momentum: firstly ensure that the market is at least flat when they finish ICO and then ensure that there is some real demand for the token.
I can tell you with confidence that as soon as the price of the token grows by 5% relative to the price of the token on the ICO, investors immediately begin selling their tokens, and some of them buy tokens with a big discount on PreICO. Bounty hunters can be paid for they hard work in Ethereum, but why does not anyone do it.
Blaming one party in a crime is a form bias. Bounty hunters are not the only reason why prices go down in the market. Even some investors who are afraid to lose their investment dump the coins.
As far i know there is no connection between bounty campaign and dumping the value of coins but without knowledge people invest on scammy ICOs and blame others.
I don't think it's true, the ICO Project needs promotion, but developers don't always have money for it. And because the ICO itself assumes receipt of funds through tokens, then user assistance - in the form of promotions - can be obtained for tokens.
people love to blame others for their own mistakes. they invest in shitcoins and scammy ICOs that were created to rip them off and when they lose money after the ICO dump came they want to find someone else to blame and who better than bounty participants that have a small share in the total tokens!
the reality is that the dumps are natural and they would have came either way as they have come to all the pumped altcoins.
the reality is that the dumps are natural and they would have came either way as they have come to all the pumped altcoins.
For my little exposure to some ICO's has made me notice from many investors apportioning most blame on bounty participant as the main cause of dumping coin on market far less than ICO prices. Some claim since they really dash them the coin for free they really do not care about the market but rather dump them and go their way leaving the fate of genuine investors and managers at the mercy of this dumped coins. But i truly believe that bounty participant really engage their time and earn these coins of which some really don't dump just like that. What is the actual cause of dumping of most ICO coins, is it a matter of bounty participant, investors or on the part ICO managers concept of plan for these coins?
maybe in my opinion the prize participants did not really affect the development of crypto currencies which might affect the amount of demand and sales of crypto currencies
I believe that everything is based on supply and demand and that we receive rewards is because we work to push those currencies to the markets and we make them worth the investors and they fight each other so it is not the fault of the recipient of the reward. it is even expected almost until the last to sell therefore the supply and demand is the one that decides and the whales that buy many at the beginning all win in the long run those who develop it those who promote it and investors
Some people make living out of these bounties, they might be in need of money so they sell because they don't have any option otherwise.
Of course because in my opinion if the bounty hunters immediately get the coins, the price will immediately fall because the bounty hunter immediately sells the coins they get. Therefore, maybe the distribution of bounties might be good 3 months after the ICO.
Maybe because they are only want is to earn form working some bounty,but if i see that my bounty that i joined has a good future i will hold it and wait until the right time.
actually, this is a big problem for the ico to face, why is that? many new bounty hunters do not follow the direction of market movements for investment, dumper is increasingly becoming at the moment, this is what makes investors really cautious. thus many ico have failed at this time, in fact, this is very unfortunate in my opinion.
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