Many of us here are bounty hunters and I understand what you are going thru.
Bounty hunter usually dump coin to gain an income. Because some of the bounty hunters are making this a job.
anyways. as you said, the project only allocated 1-3% of the token to the bounty hunter so I really think that this will really not affect the price of the token. I think the real reason why project allows having bounty hunters for another investor who hasn't have their coin can buy. Because if you are really investors and really believe in a token, I think they will hold the token.
Topic: Bounty hunters are only a part of the problem, but but the whole problem - page 2. (Read 362 times)
November 05, 2018, 11:12:38 PM
November 05, 2018, 11:01:37 PM
I keep saying that, and I believe it is the truth, people thinking that bountyhunters with their 1% in most cases or 3% in a very rare case will manage to affect the price. You are speaking about presale bonus, which in some projects can be 80%+ !! All that without mentioning the private sale deals, just imagen if pre-sale buyers are getting that kind of bonuses, then how much the private sale get!!
If the bounty hunters are the problem then simply pay them with big coins like BTC or ETH and save your projects, it is that simple.
If the bounty hunters are the problem then simply pay them with big coins like BTC or ETH and save your projects, it is that simple.
November 05, 2018, 10:48:15 PM
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.
It is project developers who give too much bonuses that I will blame.
Most projects have no realistic use case in the nearest future but just because they want to raise their hardcap they give out ridiculous bonuses
Bonuses ideally shouldn't be more than 25% for presale investors, & the allocation should be capped and lower than the crowdsale allocation
But, projects offer ridiculous bonuses in both presale and crowdsales.
Now some investors wouldn't mind dumping for just a liitle % profit, especially people that invested a lot of money
Imagine investing $10k & already having 1.5x due to bonuses before listing...
Some people will dump even if its below ICO price, knowing they will still be in profit.
Now that dump will cause a chain reaction of more subsequent dumping, from the people that will make profits to those who are just cutting their losses & project manager will then blame bounty hunters for everything.
All about developer team, as long they have powerful system and solid team I'm sure they can make the project running. But they don't have market control everything look mystery, even professional expert only can predict. We also can't blame developer team, some of them already fight to survive but have bad result. We as bounty hunter just follow the rules to finish the task, small part of the project. Keep positive thinking and never forget to learn about risk.
November 05, 2018, 10:36:45 PM
for me bounty hunters play a very important role for the success of each ICO, if there is a decrease in prices, of course not because of the bounty hunter, which I know is not more than 5% of their total bounty which will be distributed to bounty.
November 05, 2018, 10:24:46 PM
If you offer a bonus greater than 10% to Private or Presale investors then you should have a mandatory hold period added as part of the terms. I won't invest in ICO's that give out excessive bonuses to large investors as you know for a fact that there are people who make their money by simply buying presale tokens and then dumping when they list.
November 05, 2018, 10:22:47 PM
It's true that the bounty hunter is not the cause of falling prices because their share is only 1-3%. I agree that a very big bonus is obtained by investors from private sale and pre-sale which always make prices drop dramatically.
November 05, 2018, 09:06:03 PM
I was looking in the topice in the last 2hrs and i see more than 3 topics about bounty hunters and token dump.
I can see you gather all good topics comments and post in a new topic.
I can see you gather all good topics comments and post in a new topic.
November 05, 2018, 08:56:43 PM
Imagine investing $10k & already having 1.5x due to bonuses before listing...
Some people will dump even if its below ICO price, knowing they will still be in profit.
Now that dump will cause a chain reaction of more subsequent dumping, from the people that will make profits to those who are just cutting their losses & project manager will then blame bounty hunters for everything.
November 05, 2018, 08:47:08 PM
Imagine investing $10k & already having 1.5x due to bonuses before listing...
Some people will dump even if its below ICO price, knowing they will still be in profit.
Now that dump will cause a chain reaction of more subsequent dumping, from the people that will make profits to those who are just cutting their losses & project manager will then blame bounty hunters for everything.
November 05, 2018, 08:40:18 PM
You are right investors are attracted on bonuses because it is quick profit for them even if it hits below 10% of the ICO price they are the one dumping because they can afford especially if they invest big amount of money, they can get their investment back while bounty hunters only have a small portion and some of them are not really dumping and wait for the price increase.
Agree! Knowing how ICO tokens go through the years having a huge start, then declining later. Investors surely know about this. So, after having a profit, these investors suddenly left the projectto invest in another starting ICOs. These must be the trend of the market having thousands of ICOs.
November 05, 2018, 08:33:25 PM
Bounties are not the reason for the bear Market.
Most of ico have worthless tokens because they do not have a working product or a reason for the token to exist.
They just create tokens and give them bounty hunters and investors, who believe they are worth something, but most of the times aren't worth anything.
You need to research a lot and keep eyes open tp find a good project, which tokens are worth anything
Most of ico have worthless tokens because they do not have a working product or a reason for the token to exist.
They just create tokens and give them bounty hunters and investors, who believe they are worth something, but most of the times aren't worth anything.
You need to research a lot and keep eyes open tp find a good project, which tokens are worth anything
November 05, 2018, 08:14:40 PM
You are right investors are attracted on bonuses because it is quick profit for them even if it hits below 10% of the ICO price they are the one dumping because they can afford especially if they invest big amount of money, they can get their investment back while bounty hunters only have a small portion and some of them are not really dumping and wait for the price increase.
November 05, 2018, 08:03:12 PM
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.
November 05, 2018, 07:42:51 PM
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.
It is project developers who give too much bonuses that I will blame.
Most projects have no realistic use case in the nearest future but just because they want to raise their hardcap they give out ridiculous bonuses
Bonuses ideally shouldn't be more than 25% for presale investors, & the allocation should be capped and lower than the crowdsale allocation
But, projects offer ridiculous bonuses in both presale and crowdsales.
Now some investors wouldn't mind dumping for just a liitle % profit, especially people that invested a lot of money
Imagine investing $10k & already having 1.5x due to bonuses before listing...
Some people will dump even if its below ICO price, knowing they will still be in profit.
Now that dump will cause a chain reaction of more subsequent dumping, from the people that will make profits to those who are just cutting their losses & project manager will then blame bounty hunters for everything.
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