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Topic: Bad projects equals Bad results (Read 1176 times)

sr. member
Activity: 1456
Merit: 325
★Bitvest.io★ Play Plinko or Invest!
September 01, 2020, 10:21:20 AM
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off
You were right. I don't think a certain token will be ruined just because of hunters sell it off, because no matter they sell as long as there are investors or simply buyers this will keep going. And perhaps that what the other token doesn't have. I remember way back 2017 in the surge of ICO, most of the tokens I received have been usually sold them right away as soon as they get listed and I don't know why either perhaps I have my instinct that this will dump later on. Guess what, I nailed it, the coin totally crushed, in fact, some of the tokens I've got have still in my wallet.
legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
September 01, 2020, 10:00:14 AM
Liquidity and the availability of buy demands plays major role. You don't expect the market to be overflowed with the massive selling while there's literally no one to buy the coin and thinking it will be just fine. Ofcourse, the price will be dumped so hard if the case above happens.
Sometimes, bounty hunter also need to restrain themselves from dumping the project they worked hard to promote and in this case, the project also tested whether the project has value in the eyes of people in the market or not because as you said, a good project not gonna ruined that easily.
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
September 01, 2020, 09:34:03 AM
This makes obvious sense. But the sad part is, the projects that disappoint you the most are the most promising projects on paper. Its harder to judge a project especially if they have all these potential just to leave it hanging.
jr. member
Activity: 34
Merit: 1
September 01, 2020, 08:22:58 AM
Yeah, hunters are not to be blamed, most of these campaign and projects that run loss and ruin at the end lacks good investors and so if this continues it will keep being the disadvantage.
hero member
Activity: 1974
Merit: 575
September 01, 2020, 08:05:44 AM

 Bad projects stems from the bad team most importantly. If there is a team that is horrible, like maybe a scammer team, or even a bunch of idiots who want to do something but fail, they all result with bad results. I have been part of each of them, I have seen scammer people from the first days and I have seen idiots who want to build something but don't know how and they had zero clue how to do marketing as well, my main job is marketing so I know what I am talking about and I can tell you that they had zero clue how they should have done it.

 In any case, bad team equals bad results, projects could be great ideas or great white paper or great road map but in the end if the team is bad, all of those greats negated by the bad team and the result will always be bad, there is no way around it, you have to have a great owner and awesome staff to make it work in this crypto space, it is not easy to make it work otherwise no matter how cool other stuff are.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 01, 2020, 06:51:22 AM
As far as I know, a bad project will indeed be seen in the quality of the token. but we cannot judge a project just because it was dumped at the beginning, because it could happen because the product is not ready. Some projects were dumped due to bounty hunters, but a few months later the price returned to normal. however, a really serious team, and have a good strategy can keep the token price even higher. it's just that, the quality of a project can sometimes be judged when nobody is interested in the coins they own, and they even list on bad exchanges.
full member
Activity: 630
Merit: 103
September 01, 2020, 06:43:37 AM
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off

That's always true since if those projects are just made for the sake of them gaining profit, the value will be so bad that Bounty Hunters wont gain any profit from it. That is why some Bounty Managers make sure that whatever Bounty they are managing is sure to agree to their end that they will keep developing and do their best to entice people to use their platform.
hero member
Activity: 2296
Merit: 504
September 01, 2020, 06:09:55 AM
While working on the project for more than 3-4 weeks, the hunter gets confidence in the project based on the development and other project-related updates. If he or she feels that it is not worth holding, sell the coin. Even in this situation, hunters cant blame for price dump because 1% or less than that dump should not cause much impact to price. Projects like Cartesi, Sheng, SPYCE show potential for the future and are good examples of it.
But it doesn't always shows good result at the end of the day. Indeed you can't really blame it all on bounty hunters if the prices were to be dumped and all since the allocation for bounty might be only a few percents from overall allocation. But selling those small percent at the same time might do the deed which could also make the price in decline even just a little. It's another story if the project had a solid price and a good market demands and everything.
Yeah. but, nowadays bounty rewards released gradually also some of the projects have switched to use stablecoin instead to control the price. if the project is solid as you said there would be many buying demands coming and fill up all the sell orders. it's actually a project with relatively low demands that suffer the most because there just not enough people to buy and you need to know that although bounty hunter might contribute the developer have total control over the distribution there the developers could do some designed distribution to lower the chance of dumping.
sr. member
Activity: 1189
Merit: 251
September 01, 2020, 04:57:26 AM
Thank you, there was a certain project like that too that after few people sold their coin, other people couldn't sell theirs till today, those who placed their token to be sold, the token got stocked, token were no where to be found, could that now be the fault of the hunters or should that be a way to pay them for the effort spent in promoting their project. It could be so annoying. 


some projects do indeed do this, but many also pay even though a little but still get paid.
than you have a big estimate but can't sell the token.
Few people who already know how to assess projects can tell the difference between good and bad projects, a skill that is needed here.
member
Activity: 210
Merit: 14
September 01, 2020, 04:07:23 AM
You have to figure that out yourself, not all new projects are good and now that people (scammers) are finding ways to make money off new projects they will always set their traps around every corner of crypto space, make sure you do research on new projects very well
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
September 01, 2020, 02:23:59 AM
While working on the project for more than 3-4 weeks, the hunter gets confidence in the project based on the development and other project-related updates. If he or she feels that it is not worth holding, sell the coin. Even in this situation, hunters cant blame for price dump because 1% or less than that dump should not cause much impact to price. Projects like Cartesi, Sheng, SPYCE show potential for the future and are good examples of it.
Well what we can expect on bad projects? Definitely bad results.
Its not surprising seeing the price dump then they will blame the hunters for it knowing that only 1-2% tokens are allocated to hunters.
We should not participate in shit projects and we can avoid it by doing our own research.

That's the effective way to avoid certain participation, doing your research and make sure to understand the potentials of the projects.

There are so many project that circulating around where mostly the team blames the bounty
participants for dumping the rewards that they've received which supposedly shouldn't affects
the project as the allocated rewards is part of the marketing, if the team is really doing their job
this dumped can be avoided, they can easily buy those coin and let the project to stay surviving
to attract more investors.
sr. member
Activity: 1246
Merit: 255
September 01, 2020, 01:14:03 AM
Thank you, there was a certain project like that too that after few people sold their coin, other people couldn't sell theirs till today, those who placed their token to be sold, the token got stocked, token were no where to be found, could that now be the fault of the hunters or should that be a way to pay them for the effort spent in promoting their project. It could be so annoying. 
sr. member
Activity: 602
Merit: 253
September 01, 2020, 12:47:18 AM
While working on the project for more than 3-4 weeks, the hunter gets confidence in the project based on the development and other project-related updates. If he or she feels that it is not worth holding, sell the coin. Even in this situation, hunters cant blame for price dump because 1% or less than that dump should not cause much impact to price. Projects like Cartesi, Sheng, SPYCE show potential for the future and are good examples of it.
But it doesn't always shows good result at the end of the day. Indeed you can't really blame it all on bounty hunters if the prices were to be dumped and all since the allocation for bounty might be only a few percents from overall allocation. But selling those small percent at the same time might do the deed which could also make the price in decline even just a little. It's another story if the project had a solid price and a good market demands and everything.
copper member
Activity: 1120
Merit: 2
September 01, 2020, 12:27:17 AM
Good projects don't always come.Projects that are good do not pay. So what is the way.Bad projects don't pay more.The bad project team is bad.
Everything is bad for those whose motives are bad.
hero member
Activity: 2912
Merit: 629
August 31, 2020, 10:23:22 PM
While working on the project for more than 3-4 weeks, the hunter gets confidence in the project based on the development and other project-related updates. If he or she feels that it is not worth holding, sell the coin. Even in this situation, hunters cant blame for price dump because 1% or less than that dump should not cause much impact to price. Projects like Cartesi, Sheng, SPYCE show potential for the future and are good examples of it.
Well what we can expect on bad projects? Definitely bad results.
Its not surprising seeing the price dump then they will blame the hunters for it knowing that only 1-2% tokens are allocated to hunters.
We should not participate in shit projects and we can avoid it by doing our own research.
sr. member
Activity: 952
Merit: 253
August 31, 2020, 07:53:15 PM
everything is true because bounty hunters are only paid 1 to 2 percent of the total tokens that will be sold so it doesn't really matter with the bounty hunter If the project is good, of course there will be many traders so that token bounty that want to be directly bought by the trader
The traders can buy the tokens from the traders with the cheap price. In my opinion, if the reputation of the project will have determined the result of the token price. The hunters didn't give any impact for a good coin as it will always have a lot of volume and demand.
full member
Activity: 399
Merit: 100
August 31, 2020, 06:28:07 PM
Well, i have a different opinion, because as a investor who buy low and sells high most times you cannot care if the project is bad or poor, you only care about the price of the token, With this regard, we can boldly state that bad projects can equal to massive bullish price which equals to good profits.

Do you agree with me ?
Roll Eyes "bad project is equal to bad results."

Answer to your analysis, bad project give low exchange volume: this mean that, whenever the project stay good the results will be good because of the token volume. How then do you sell that token without a volume? Good project always come with good exchange volume but bad project give otherwise. In conclusion: good project will give profits while bad project will give bad results.
What do you think about a good project whose volume is good but price continuously dumps? The only reason I found it was the supply release. Insolar coin was listed on Binance exchange and had a good volume but now delisted from Binance and bithumb pro exchange. Supply increases from 500 million to 1 billion.
copper member
Activity: 1162
Merit: 3
August 31, 2020, 06:12:10 PM
While working on the project for more than 3-4 weeks, the hunter gets confidence in the project based on the development and other project-related updates. If he or she feels that it is not worth holding, sell the coin. Even in this situation, hunters cant blame for price dump because 1% or less than that dump should not cause much impact to price. Projects like Cartesi, Sheng, SPYCE show potential for the future and are good examples of it.
hero member
Activity: 2730
Merit: 632
August 31, 2020, 05:49:41 PM
everything is true because bounty hunters are only paid 1 to 2 percent of the total tokens that will be sold so it doesn't really matter with the bounty hunter If the project is good, of course there will be many traders so that token bounty that want to be directly bought by the trader

I'll be honest with you some coins dump temporarily after Bounty distribution if the Bounty allocation is extremely large and buy orders are not huge. The best strategy for a team is to ensure some level of buy back if the coin lacks sufficient liquidity. However, good projects with high demand level for their coin do not need to worry at all since the effect will be negligible. Like OP mentioned, bad projects equal bad results and the project and its coin will go extinct over time even without Bounty distribution.
As expected where bounty hunters would always took the blame in talks into these kind of common dumps that do happen after distribution without even talking about the investors itself?
You know that its only mostly on 1% total allocation of bounty tokens compared to those investors who do bought bulks.Its understandable though that it can make such impact if the
said volume on said exchange isnt really that big which is pretty common but as said that good projects wouldnt really matter on this kind of issue yet they can stand on such
scenario of being dumped and when demand and interest is there then recovery would really be a guaranteed thing.
full member
Activity: 686
Merit: 107
August 31, 2020, 05:39:57 PM
This makes me remember Tokoin and tachyon protocol bounty campaign, after hunters are paid they made huge profits from this bounties and still the value are rising and not dumped, so my question is why are other bounties getting ruined after launch? Or after hunters sell their rewards? Probably because they are bad projects, hunters aren't to be blame here isn't it? Good projects will never dumped because hunters sell off

It's always about the idea of the project. Investors are only dependent on the idea and roadmap of the project, there are no other basis if the project will be successful or not. If the idea is great, they will choose to hodl instead of dumping their tokens and hence pumping the price since other people will also gain interest and buy the token because the project has a potential.

There are also other projects which are only great at the beginning and just dumps after some months. So better set a target price when you will sell your holdings or keep watching the market regarding the price.
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