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Topic: Bounty hunters aren't responsible for dumps - page 3. (Read 1442 times)

full member
Activity: 616
Merit: 105
because bounty distribution usually takes a long time even though tokens or coins are open after Ieo / ico so it can't be said that bounty hunters are dumpers of prices, instead we expect token prices to be more than ieo / ico prices and not all tokens / coins from bounties make prices even a little dump is sold because the reward is not too much
full member
Activity: 826
Merit: 104
Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Actually the companies want to raise money on the basis of bounty advertising and they will not allocate higher percentages to the bounty promotions. Really the dump is caused by the bounty better the company should give the payment in other forms like stable coins, ETH.
If they make payments using ETH or other altcoins, I think their budget will be very low. I recently saw a campaign to make payments in ETH, but their budget is only 24 ETH. It was really too low for a bounty hunter
sr. member
Activity: 1540
Merit: 255
Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Actually the companies want to raise money on the basis of bounty advertising and they will not allocate higher percentages to the bounty promotions. Really the dump is caused by the bounty better the company should give the payment in other forms like stable coins, ETH.
member
Activity: 210
Merit: 10
Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?
full member
Activity: 531
Merit: 100
Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges
Yes, it is very true, because it makes no sense that bounty hunters can dump dump tokens at the market price, because they (Bounty hunters) are only paid in pennies, and even if there is one, so it is very insane for the dump to be priced the one being blamed is the bounty hunter. Grin
The project only collapses when it has no liquidity. If they distribute 50k $ for bounty but their volume is only about 5-10k $ then it will collapse seriously. And it's the project's fault, not the bounty hunter's fault, those projects are not good enough to have good volume every day.
full member
Activity: 646
Merit: 100
tozex.io
I support the motion,going by the happenings,there are several projects that have successfully conducted a bounty campaign without distributing the token, yet the token keeps dipping what could be responsible for that? Would anyone say it's the bounty hunters dumping? So I think it's wrong to attribute dump of a project to bounty hunters.
full member
Activity: 1148
Merit: 101
Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges
Yes, it is very true, because it makes no sense that bounty hunters can dump dump tokens at the market price, because they (Bounty hunters) are only paid in pennies, and even if there is one, so it is very insane for the dump to be priced the one being blamed is the bounty hunter. Grin
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges
Disposal of tokens will continue to occur because they want to find value even though it is only small. I think almost all distributed tokens will be discarded, but if exchanged have millions of dollars in volume, then this will not affect because they will be strong in any disposal.

But projects are now difficult for such volumes and on average to be listed on a low exchange so their token volume will be small in the market.
full member
Activity: 1190
Merit: 100
But until now I still see that when the critics project has finished conducting a bounty campaign and the rewards have been distributed. And a dump happens, so the bounty hunter is always the cause of this happening. I always thought that there were not many allocations for bounty hunters, but people always assumed and blamed bounty hunters. whereas in fact, investors also have a larger amount and get a bonus when investing. certainly the effect of the dump is greater.
member
Activity: 490
Merit: 16
Holding tokens earned from bounties will end in disaster, I always think like this in the past until I learned my lesson, every single tokens I hold are now useless and worthless in my wallet, bounty hunters works for new project to get paid, they have every right to sell off if they feel like, only bad project team complains about bounty rewards
hero member
Activity: 2814
Merit: 576
But you have to realize that if team distributes for example 100 000USD to the bounty participants at a same day and the token doesn´t have enough liquidity, and all of these bounty participants decide to sell, it ia a big selling pressure and the price will fall until its find enough buyers.  Wink

Maybe you are right,,
But, in my opinion not all bounty hunters will sell their rewards after they received mate,,
And maybe if the crowsale from the project succed,, ot at least can reach the soft cap,
why the team do not buy back the token at exchange to keep the trust from crypto investors

Indeed, I am one of those who still hold the token reward from bounties.  Since I believed the project team, I tend to hold my bounty rewards until the project succeeds, alas, lots of these project are already dead and I am left bag holding their worthless tokens.
That was also my belief way back then. Until i realized that holding my tokens for a period of time won't cause any good but leaving all my tokens worthless. Bounty hunters promote the bounty project to attract investors, and in return, we are paid with tokens which are intended to sell for us to make profits too. It might dump the price of the tokens but it was never our intention so we should not be blame for it.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
Saying bounty hunters are responsible for dump is like telling bounty hunters not to sell their tokens for money, that's impossible, teams need bounty hunters to work for them and they do, next time they could use USDT or USDC to pay bounty hunters instead, a matter of fact dumps don't happen because of bounty hunters, people that are paid with just 0.5% of the whole max supply of the project? That's ridiculous accusation
Participants of the bounty campaign should not be able to become a benchmark to bring down the price of cryptocurrency at the exchange place because of the factors that caused the collapse of the cryptocurrency price not only from the bounty campaign but also from the lack of support from the developer to stabilize the price at the exchange.
member
Activity: 532
Merit: 41
Saying bounty hunters are responsible for dump is like telling bounty hunters not to sell their tokens for money, that's impossible, teams need bounty hunters to work for them and they do, next time they could use USDT or USDC to pay bounty hunters instead, a matter of fact dumps don't happen because of bounty hunters, people that are paid with just 0.5% of the whole max supply of the project? That's ridiculous accusation
member
Activity: 518
Merit: 28
Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
But you have to realize that if team distributes for example 100 000USD to the bounty participants at a same day and the token doesn´t have enough liquidity, and all of these bounty participants decide to sell, it ia a big selling pressure and the price will fall until its find enough buyers.  Wink

Maybe you are right,,
But, in my opinion not all bounty hunters will sell their rewards after they received mate,,
And maybe if the crowsale from the project succed,, ot at least can reach the soft cap,
why the team do not buy back the token at exchange to keep the trust from crypto investors

Indeed, I am one of those who still hold the token reward from bounties.  Since I believed the project team, I tend to hold my bounty rewards until the project succeeds, alas, lots of these project are already dead and I am left bag holding their worthless tokens.
copper member
Activity: 504
Merit: 0
No I am not agree with the word that bounty hunters dump the price of the coin because bounty allocation is very low in every bounty. If the the project is strong and their ico or ieo has sold out means their has reached their hard cap there will be no problems with bounty hunters coin sell. if you look an example ctsi team has distributed their 1/3 coin to bounty Hunters but the price is still at same level. Project should be a great content based then nothing will happen to their price. In last this is market so everybody has the right to buy or sell whenever they want.
legendary
Activity: 2436
Merit: 1207
The team should know that bounty hunters will dump their coins for $$$, they are ready to pay that's why they introduce bounty promotions right ?? Then why blaming bounty hunters? It mean the projects are not good enough, look at many projects that paid this year, they still have good value, tokens that bounty hunters sold have no impact on the price, HEX bounty, Velas and Cartesi, they still maintain good value, bad projects will bring bad result

Everything depends on the team. There was such bounty as Moozicore. Their bounty pull was bigger than the amount of tokens they sold during numerous rounds of IEO. With early listing they tried to save investors from bankrupt, but when they opened an option to transfer funds from dashboard to hunters wallets - bounty hunters immediately dumped the price.

So the team on first place, and bounty pull on second are the ones who are responsible for dumps.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
The team should know that bounty hunters will dump their coins for $$$, they are ready to pay that's why they introduce bounty promotions right ?? Then why blaming bounty hunters? It mean the projects are not good enough, look at many projects that paid this year, they still have good value, tokens that bounty hunters sold have no impact on the price, HEX bounty, Velas and Cartesi, they still maintain good value, bad projects will bring bad result
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Anyone who still think hunters are responsible for token price dumps is simply naive or can't see what's happening. Most of the dumps are caused by token sale participants who got this tokens together with huge discount and bonuses. Since they don't care about the prices, they sell off their hugely discounted tokens to a point that it crashes the market prices and ruining it all for everyone involved. Some times, hunters don't get paid in time and yet the prices of these projects still dump. Hunters aren't really the ones dumping project prices... .

Tiy forget to mention team members! Many team members are paid high with project coin, and they dump before others, because they know exactly which exchange will list them first and they know the exact time, they can prepare better than all others! Usually, it's what happens, destroying of the project comes from inside, not outside! The team is the most responsible for their project, and they have premined coins, or they got it with contract!
That's the same as what already done by some team of icons. They were dumping it to the buyers before the reward that deserved by the hunters will be distributed. The team has access to the fund and this is the problem.

copper member
Activity: 2870
Merit: 1279
Try Gunbot for a month go to -> https://gunbot.ph
I have a few concerns about your title and the claim of your topic. I'm quite confused with your last point as well. You are definitely contradicting your claims.

Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects
With your title and this sentence, the "major" word before dumps makes it seems that bounty hunters are still dumping, which they are. You know that bounty hunters make tokens because of the work they do? E.g. sharing articles, like and subscribe, etc. It's basically their time is exchanged with tokens and whatever amount they will be selling doesn't matter because they got it technically for free.

Point 2.
and it's ridiculous if a project dumps because of bounties and airdrops promotions that's suppose to drive in many investors for them
It depends on the project but if it's a scam, the project handlers would dump as well. That's the major contributor to the dumps.

New projects go around giving too good discounts for early investors, an ICO price of 0.01$ turn to 0.005$ for early investors, what are they thinking? The moment this hits exchange and price starts at 0.02$ they will surely dump 💯
You are contradicting yourself with that. They will still dump, especially with that 100% possible gain. Lol.

You can't deny that bounty hunters will dump no matter what. Unless they really support that but I think it's highly unlikely.
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