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Topic: Bounty hunters aren't responsible for dumps - page 4. (Read 1467 times)

full member
Activity: 560
Merit: 105
bounty hunters are part of providing information to investors to be invited to invest in a project, although not many tokens are distributed, which causes the price of token dumps to be caused by investors themselves because they sell their tokens when they make a small profit.
hero member
Activity: 1218
Merit: 500
BintexFutures
I always like to hold my rewards from bounty because sometimes holding pays off.

but TBT bounty hunters do pay a bit of a role in the dumping of price but not that much because early investors do have to pay some $$ for the tokens but BHs don't (yes I know we work for it).
member
Activity: 742
Merit: 16
If new projects team think bounty hunters makes their coins or tokens lose that much value they should find another means to pay bounty hunters or don't bother to introduce any bounty campaign, I have seen projects that pay in BTC to keep value of their token
hero member
Activity: 1624
Merit: 500
Bounty hunters can be one of the causes of dumps, it is a natural thing to think about it, given that many hunters sell their assets simultaneously. however, that is not entirely the fault of the bounty hunter.
in fact, the development team should have considered that tokens given to bounty hunters cannot make large changes in the price of tokens, because the tokens given are not so large from the total allocation. in addition, other causes are also very large investor bonuses, and also the team's strategy that does not consider this risk
sr. member
Activity: 518
Merit: 256
Living the truth....
Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.
They should use the money to develop the project instead of using it to pay bounty hunters. And I think that if they don't want the price to fall when distributing bounty, then they need to distribute it in different batches. Delaying distribution will not solve the problem, until in the end the price will still fall
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.
I agree with this. The only thing about centralized exchange can be manipulated by the project. We cant see if the team already dumping unless we watch and observed all details regarding to their token metrics such as supply or allocated for the team, their vested period and token address. We all knew these details can track using etherscan so we can know if they are dumping their owned tokens or not. The thing here is the anonymity on the cex which is hard to noticed compared to dex.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.
True! Bounty hunters are not responsible for the dump of any projects' token. I think they choose bounty hunters as a "food for powder". I'm sure that they already knew bounty hunters just go in and out in a project to earn profit rather than stay along with the project all the way. Furthermore, the raising and dumping of a token price is mostly depended on their projects' plan. You can't blame customers for not consuming your low-quality product!
full member
Activity: 874
Merit: 125
Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.
full member
Activity: 1330
Merit: 147
I think this is about a culture, I have seen several times that when a project is successfully launched and being traded by some exchange the price of the project will dump quickly. I can't blame the investor or bounty hunter either but it is about how project is, I mean if the project has a good function and real case for human being in the future we won't see a huge dump for the project. The investor and bounty hunter will try to keep the token project in their wallet because they will get a huge profit in the future.
full member
Activity: 1512
Merit: 115

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,
yes you are right I also still hold some tokens that I got from the bounty (so not all hunters will sell their tokens)


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
this is what sometimes makes me laugh to myself when the hunter is blamed for dump, they don't realize if their products are not much in demand, so there is little demand in the market, this is their only reason to cover up products that fail
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.
It's the same like blockburn project but the developer was not even saying if they were dumping the token and they blame the hunters.

I think those who are still saying hunters caused this problem must try to visit the market to know the reality. There are so many people were blaming hunters caused by this.
hero member
Activity: 1426
Merit: 506
This is just an excuse to cover up the dev team's unpreparedness. How could they blame the bounty hunter for selling together? even though it is they who determine the allocation for the bounty campaign, if they already know this risk, they should make an allocation that they can handle. Or determine other strategies such as buybacks, or give rewards with other coins such as BTC or ETH. In essence, the irresponsible dev team always blames the bounty hunter.
I guess so the irresponsible teams usually blame the bounty hunters. When a team release a project if they have an idea about the worth of their project, then they will put a decent bounty so that the project they are planning will reach a good mileage. I bet these projects will cash out money after raising funds and then blame it on the bounty hunters  Cheesy.
full member
Activity: 588
Merit: 101
Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.
This is just an excuse to cover up the dev team's unpreparedness. How could they blame the bounty hunter for selling together? even though it is they who determine the allocation for the bounty campaign, if they already know this risk, they should make an allocation that they can handle. Or determine other strategies such as buybacks, or give rewards with other coins such as BTC or ETH. In essence, the irresponsible dev team always blames the bounty hunter.
jr. member
Activity: 667
Merit: 1
Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
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!
jr. member
Activity: 165
Merit: 1
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... .
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!

It's quite ridiculous to say a project dumped because of bounty hunters. A strong project will remain strong evennif hunters dumped their tokens. And to come to think of the fact that not all bounty hunters dump their tokens.

Aside from that, even if the bounty hunters will dump their tokens, it should not significantly affect the project as the allotment is very small to these bounty hunters. Also, you have to check the timeline of the dump, usually the hunters don't receive yet their share when the dump happens, so how could they blame it to hunters?
legendary
Activity: 2338
Merit: 1124
Point 1; How could you know that most bounty hunters are holding their tokens? Depending from token to token, there could be plenty of bounty hunters who sell right away, or could be keeping, we wouldn't really know all that much, most of the time as soon as it hits exchanges the prices go down, we can't say it was bounty hunters, but we can't say it wasn't neither.

Rest of the points could be true, I am not saying any of them is wrong, they are still not proof, they are just thoughts and assumptions and this is a forum so you are free to share your mind about things, but also we have a right to disagree with what you think, yet I only wanted to inform that these are not proof, these are not evidence, these are just assumptions, people can and will probably do illogical things all the time.
jr. member
Activity: 252
Merit: 1
yes ooo, or what is the effect of a cup of water in pool or ocean, if its not insider trading, fault of the team, owner and manager. The reward given to the hunter is of quantity to the extent it will affect the whole project some hunters always keep there reward with hope to rise in the nearest future, in other to earn more
full member
Activity: 646
Merit: 102
http://Moonbet.io
Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,

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

Point 3.
Bounties allocations are not even up to 1% of the projects max allocations, the most projects I've seen only gives out 0.1% and some even gives out only 0.01%

Point 4.
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 💯

It's quite ridiculous to say a project dumped because of bounty hunters. A strong project will remain strong evennif hunters dumped their tokens. And to come to think of the fact that not all bounty hunters dump their tokens.
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