eh, we do bounties for some reasons
but the first is about money-bounty of course, but the second, which is important too is a faith in that program, just like investors!
and in the other hand, the whole bounty crew just receive 1-2% of whole token sale. it's nothing to dump it when list on exchange! don't blame we anymore
Topic: Bounty hunters are only a part of the problem, but but the whole problem (Read 383 times)
November 08, 2018, 11:19:28 AM
November 08, 2018, 10:21:50 AM
Many projects do so, but they are ready to offer such bonuses, just to collect the required amount of investment. And ordinary investors have a hard time because of the sale of these deposits with bonuses. This can not be changed, everything remains on the conscience of the developers.
November 08, 2018, 10:00:40 AM
The issue I have here is that the developers got greedy, they turned themselves to fund managers, looking to make profit from the ICO fund rather than develop the platform with the money. I think we need to enforce that ICO developer convert at least 50% of their ICO fund to Fiat immediately after the ICO and this will keep them from the fluctuating prices of Cryptocurrencies. Another issue is that they think bonuses is the only incentives to attract investors, which is not because of these big investors later realised that they are finding it difficult to get out of their positions because of the low trading volume and start dumping immediately after the ICOs and so of them have like 100% bonus from some projects which is not revealed to retail investors
November 08, 2018, 09:59:48 AM
The problem is the team only think about the money they can raise. This money is more important than future of their tokens. They think about the future of themselves, not future of their tokens.
Also, I have seen some ICOs give all participants bonus. That bonus doesn't worth when all investors give that.
And they should give bounty participants bitcoin or Ethereum. It's better for both bounty hunters and investors. It is also better for the team, if the value of the token matters to them.
Also, I have seen some ICOs give all participants bonus. That bonus doesn't worth when all investors give that.
And they should give bounty participants bitcoin or Ethereum. It's better for both bounty hunters and investors. It is also better for the team, if the value of the token matters to them.
And right now, the second bounty that I have joined before still has a low price because of the market situation and the team is focusing on their product and not the value of their tokens.
November 08, 2018, 09:50:56 AM
There's is also another purpose for that bonuses dumping they can actually buyback the coin at lower price without using the coin that they bought. This is one of the problem which always happened why price dumping even though the project didn't run an Airdrop or Bounties.
November 08, 2018, 09:43:53 AM
Not every thing in Bounty hunter the token they have is their money and they are free to sell it.
a lot of factors play the role in the token dump , what you think of the old coins dump now is it bounty hunter who dump it lol now,
in new token so many factors play role :
bonus given to the inverses in pre-sale for example 100% bonus that is a lot.
market condition
project power for example if the project is strong and promising i think people will keep the token for long term.
a lot of factors play the role in the token dump , what you think of the old coins dump now is it bounty hunter who dump it lol now,
in new token so many factors play role :
bonus given to the inverses in pre-sale for example 100% bonus that is a lot.
market condition
project power for example if the project is strong and promising i think people will keep the token for long term.
November 07, 2018, 04:56:37 AM
I am also thinking that bounty hunters are causing a dump in some way. But I mean, that the main problem of a dump is the lack of marketing and the teams fault. If they cannot motivate the community to buy their token, they do not need to blame the hunters.
November 07, 2018, 03:41:34 AM
I think not only bountie hunters are to blame for the problem. It will certainly be a mix of bountie hunters, investors and maybe the ico owner himself. Therefore, i would not just blame one group of people for it.
We don't need to have a mentality like these, if there is a problem, we don't have to blame only a certain group, it is a very huge problem, and a part of a group should not be responsible for that problem, it has to be everybody! I do appreciate your post, i just added some of my opinion. 
November 06, 2018, 09:44:46 PM
You are right everyone who partake of that coins is part of the problems, investors bounty hunters and developers also, but we cannot totally blame bounty hunters because like all everybody is saying they only got 2to 5% of the shares so those who got the most shares are the one likely to make an impact on the dumping
November 06, 2018, 08:22:22 PM
Quote
bounties are mostly between 1-3% of a total budget... So, I don't think bounties alone can be blamed for a cryptocurrency dumping terribly
Yes, true. 1-3% is not enough to dump the price. But bounty distribution is creating a new FUD. All the hodlers knows the price is dumping in bounty distribution period. Then they are not going to hodl their tokens at that time. That's why everyone called bounty is a dump.The private sale, the pre-sale huge bonus is definitely dumping. Most ICO project owners offering a huge bonus to collect funds. They don't think about return on investment.
The next and another important thing is an exchange. The exchange is giving huge potential to reach the price. Most ICO project owners don't like to spend a large amount of money on list exchanges. We can call those methods are another type of scam.
November 06, 2018, 07:43:48 PM
I think not only bountie hunters are to blame for the problem. It will certainly be a mix of bountie hunters, investors and maybe the ico owner himself. Therefore, i would not just blame one group of people for it.
November 06, 2018, 07:34:28 PM
I think the same thing, developer or manager that give too much allocation for bounty is a big problem, thats why every coin with this rules always and always dump
and what can you say about those coins that did not have a company bounty, but the price fell 5-10 times when entering the stock exchange? I do not think that the fall in prices is associated with hunters for generosity. most likely the coins are drained by early investors who have invested on pre-sale. November 06, 2018, 01:27:54 AM
You only need to invest $ 10k to purchase a token at Privatesale and receive a commission bonus. Wait for the Token's price to reach Pre-ico and sell all of them. You will get huge profits. People always blame the dumping from the bounty hunters. I do not think that's true.
November 06, 2018, 01:27:02 AM
I read and totally agree with you, bounty budget is only a small part of total token supply, as always lower than 5%, it can't be the factor of token dump. Many projects had a big bounty campaign but their token value still growths significantly. The main reason of token dump is the weakness of the team.
November 06, 2018, 01:25:06 AM
Some solid projects have done bounties in the past and a lot of them are still very strong
bounties are mostly between 1-3% of a total budget... So, I don't think bounties alone can be blamed for a cryptocurrency dumping terribly.
I think when prices start to goes down the team is responsible in the first place, later everyone else. Problem is how they put their idea in realization, how they organized bounty, sales, later token distribution, to the point where token hits exchanges.
November 06, 2018, 01:20:25 AM
You just made my day , cause I don't know what makes them think that just 1-3% if a project will be the cause of dump when over 60% is out there with profit already before listing , most especially the private investors who had gain 2x already with #10k and already in $30k+ when ico is still on just tell me if that person won't dump and move on , even before hunters think of selling and most hunters don't even know when the coin are listed cause of the work schedule for the bounty most do , so to me the dev are to be blame for giving ridiculous bonuses all in the name of funds must be raised and their target must be achieved.
November 06, 2018, 01:12:03 AM
it is indeed a big mistake, again bounty hunters are used as a source of dumping problems, it is clearly not possible, if prices do not want dumping, bounty hunter funds are distributed first, because the allocation of bounty funds is so small that it is impossible for hunters to cause dumping. I think everyone agrees
November 05, 2018, 10:51:26 PM
I think the same thing, developer or manager that give too much allocation for bounty is a big problem, thats why every coin with this rules always and always dump
November 05, 2018, 10:47:54 PM
i also do not believe that bountie hunters are responsible for a dump. for this the 1 or 2% bounty pool is simply not enough. or it may be that the project has no buy support at all, then maybe it would be enough to push the price down.
November 05, 2018, 10:14:53 PM
This is not the main thing. In fact, when Bitcoin created the mythical investment in 2017, it has already been consumed. Now Bitcoin needs to take off again, otherwise it will lose a lot of investors. This is dangerous for cryptocurrencies. The loss of a large number of investors by the ICO led to a significant depreciation of Ethereum.
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