Bounty hunters hurting themselves? - page 4.

armarsterling7

member

Activity: 420

Merit: 10

Quote from: KS03 on September 06, 2018, 09:34:17 PM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

I don't think they can handle that. All projects are planned in advance. They know that the bounty hunters will sell all their tokens so the project owners will buy all the tokens. They do not devalue and undermine the value of that ICO project, but investors are just buying their tokens at low prices.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: ElizaZX on September 17, 2018, 12:19:57 AM

I can hardly believe that 3-5% of all coins sold can shake the cost. If the project is good, then its price will increase after entering the stock exchanges, even if the entire industry is going to decrease.

Not even the hunters dumped it all, if the project is really usable and supports are there the bounty dumped will just be eaten up, developers need to
have a good allocation funds and knows how to counterpart the situations, just like what you have said it is just a small portions of the entire market
sales so it wont hurt the value if its a real one and not just relying with pumped and dumped trading style.

Ostonian

full member

Activity: 912

Merit: 100

I think the bounty will never end. This is the only working way to create advertising for the project. And the more so, bounty hunters do not neglect to participate in the bounty, since this is the best way to get the project tokens for free.

ElizaZX

full member

Activity: 378

Merit: 100

I can hardly believe that 3-5% of all coins sold can shake the cost. If the project is good, then its price will increase after entering the stock exchanges, even if the entire industry is going to decrease.

dwwbit

full member

Activity: 223

Merit: 100

FIRST SELF-SUSTAINING CRYPTO INFRASTRUCTURE

normally bounty hunters do not have so many coins to make significant dump on market. investorsare the pople who thingk that it will dump with the bounty token release and they can buy back later more tokens from the ETH or BTC if they sell before or during bounty token release.

Victoo

sr. member

Activity: 393

Merit: 250

How then to explain falling of a coin after a vykhd on the exchange when tokens for a conclusion of hunters are blocked. Who on yours sells tokens?

giancarlo01

jr. member

Activity: 140

Merit: 1

Quote from: KS03 on September 06, 2018, 09:34:17 PM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

This have always been the case at times, Most of us hunters Dump our tokens immediately after receiving payments, which is not a good thing to do. Unless you do not believe the said project has a future in the market, free to sell them

andthereyou

full member

Activity: 616

Merit: 102

In my case it does not really hurt. Because I only do bounty hunting as partime job. Also for my investment in cryptocurrency, I have used my extra money and knew that losing sometimes is part of the deal when investing.

Vsamuel

newbie

Activity: 98

Merit: 0

I bet the current state of the market is the reason why most projects are failing to cash out their bounty tokens to hunters. Most hunters, like me are very desperate to obtain their bounty tokens. I would advice dev team of projects should be considerate when it comes to payment of bounty projects. If they do not wish for their token to lose value. what about they consider locking the token for some period of them after distribution to await the recovery of the market

Mysteryla

jr. member

Activity: 420

Merit: 3

What makes you feel bounty hunters are the only ones that dump and that investors do not dump. As a matter of fact, considering the pool that is allocated for bounty, i do not think the token would dump. There are even times that bounty hunters hold what they have.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: KS03 on September 06, 2018, 09:34:17 PM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

You do not really understand how this works right? The icos do not really care about it, they are getting all of that promotion for tokens that have no value yet and those tokens were completely free for them to create, there is no better way to promote their project and if that means that investors lose money then that is just the way it is, this is a free market and you accept the risks that comes with investing in coins with nothing behind them.

qtronix

member

Activity: 596

Merit: 10

There is no better means of promotion than bounty. It is unlikely to be abandoned in the future. In fact, if it's not a fraudulent project, then he shouldn't be afraid that bounty hunters will lower the price of coin after going markets. Because if the project is good, then a small drop in price will not harm it.

mummybtc

hero member

Activity: 868

Merit: 500

I think bounty has come to stay, whether people hold or dumped it immediately after been released to them.
But this is very wrong assumption that between 1-3% of these tokens would crash the market. What are you going to say about projects with no bounty campaigns like DaoStack, 0chain, Hybrid etc that have lost more than 80% of their ICO price

Appiah95

jr. member

Activity: 46

Merit: 1

I personally am not happy about the way bounty hunters dump their coins as soon as they get hold of their bounty tokens but since no one can decide for another person what he or she should do with his or her coins, it becomes difficult to talk about it.

VPScreator

full member

Activity: 462

Merit: 100

I think this applies more to investors since hunters don't have that many coins to drop. In addition, I think that the dumping of prices is not due to the fact that the hunters drop their tokens so quickly. Look at the price of tokens after entering the exchange is much less.

iamlds08

full member

Activity: 490

Merit: 110

Quote from: KS03 on September 06, 2018, 09:34:17 PM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

i believe that dumping is a big threat to the industry of bounty hunting. but if you think of it, the number of bounty hunters are not that rampant as what it is after the merit system in the forum(because of the merit system, new accounts will have difficulty in joining campaigns) meaning, the chances of dumping will be lessen because most of the hunters remained are the ones with higher rank and understanding in the forum and the market.

arakuns

member

Activity: 223

Merit: 10

Quote from: KS03 on September 06, 2018, 09:34:17 PM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

Well that is the your perspective about this issue. I believe it is not always true that bounty hunters are responsible for price dump, I have participated in quite a number of bounties that woukd decide not to reward bounty hunters on time and still the price will still dump really bad. And besides, bounty rewards are usually between 1 to 2 percent of the total tokens sold, which I feel is not too significant.

a2offrb

full member

Activity: 453

Merit: 101

RISE WITH RAYS FOR THE FUTURE

Even if Bounty Hunters are working at their own expense where they could not be paid worth coins based on cumbersome dumps as trading started especially at this Dip. I believe the Projects managers can not wholly gain at this instance trying to secure other means of campaign for their projects. They will still need these hunters. Hence, this scenario has to be shared or bored equally between the two parties is my submission.

Kunlejoe0

full member

Activity: 518

Merit: 100

I think many project are not raising required funding for their project and this is causing a lots of short term dumping and selling pressure is definitely coming outside of bounty hunters. For the bounty campaign, there is nothing to worry about, this is crypto!

irenegaming

full member

Activity: 476

Merit: 102

Kuvacash.com

There have always been discussed measures to avoid dump, but the developers just don't care much or think it doesn't affect them enough, sometimes the number of bounties are not even 2% of the tokens that the ICO takes out, so I think the problem is exaggerated more than they should, they can also implement the option to pay in another currency, that has always been on the table.

Topic: Bounty hunters hurting themselves? - page 4. (Read 679 times)