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 362 times)
November 08, 2018, 12:19:28 PM
November 08, 2018, 11:21:50 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, 11:00:40 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, 10:59:48 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, 10:50:56 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, 10:43:53 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, 05:56:37 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, 04:41:34 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, 10:44:46 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, 09:22:22 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, 08:43:48 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, 08:34:28 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, 02:27:54 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, 02:27:02 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, 02:25:06 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, 02:20:25 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, 02:12:03 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, 11:51:26 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, 11:47:54 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, 11:14:53 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.
November 05, 2018, 11:12:38 PM
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.
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.
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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