Bounty hunters hurting themselves? - page 7.

aligator2017

sr. member

Activity: 532

Merit: 250

The Exchange for EOS Community

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?

If selling coins by bountyhunters hurts the project it is not fault of bountyhunters, it is fail of project. Because if market can't redeem this little amount of 2-3% of total coins this means that market is not interested in project or it is not ready to buy it for the current price because it is too expensive.
Also this type of advertisement will not die - it is free for developers and will always be in demand

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: Floder1 on September 07, 2018, 07:47:57 AM

Bounty participants should not be blamed when a bounty campaign fails. if 1/100 tokens are dumped, how should it affect a project. .

I agree with this statement , because there's no really such reason to be blamed for bounty hunters if what ever happened in the campaign. 'cause bounty hunter works only on a campaign to promote the project, and in fact mostly didn't contribute on it for the progress which is the reason of participation is just to earn free tokens. So there's no way that bounty hunter should be blamed when there's a failure in the project.

pharaon

full member

Activity: 753

Merit: 100

Now is really a difficult time for projects and, accordingly, for bounty campaigns, as it is very difficult for projects to raise funds under such market conditions, but I do not think that campaign bounties can disappear at all, because the funds allocated for their holding are relatively small. The market will recover, and everything will fall into place.

teeshe

newbie

Activity: 182

Merit: 0

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 do not think bounty hunters are responsible for the increase in rate which tokens are dumped on the exchange since most projects allocates a little percentage of the total tokens for bounty exercise. Rather, the high bonus percentage which projects give private investors is one of the reasons why tokens are dumped on the exchange.

Floder1

newbie

Activity: 55

Merit: 0

Bounty participants should not be blamed when a bounty campaign fails. if 1/100 tokens are dumped, how should it affect a project. Meanwhile not all participants do dump tokens given to them, this means that not even all the 1% of tokens are dumped.

denis-z12

full member

Activity: 294

Merit: 103

A way in which the projects can prevent massive dumping by both investors and bounty hunters is to lock the tokens for a X period of time. This wouldn't be a bad idea. Or pay out the investments in parts, so bounty hunters cant get it all at once and dump it in the market.

Eijrafarm

newbie

Activity: 224

Merit: 0

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 think this matter is very sensitive. Since we don't know what is the movement of the project owner about promotions. ICO always allocate bounty pool in their target market plan and token allocation.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

it is the nature of these tokens and nothing you can do about it to change that. anybody who has ever received one of these tokens or anyone who has bothered to look at the charts of the previous ones knows well enough that they all will get dumped big time and that means as soon as you receive these tokens you must sell them because that is the highest price you will ever get for these kind of token.

Valeri4

member

Activity: 131

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 agree with the above.Bounty participants do not have many coins.Not everyone wants to sell at a too low price.Bounty is very cheap for the company.

toygama

member

Activity: 280

Merit: 10

Quote from: charlotte04 on September 07, 2018, 04:23:17 AM

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?

Obviously people do join bounties only for them to get some money and they don't usually care about that project and what that future holds. They are just in for the money.

It's seems like that but in other way they are also plays a vital role in making the projects successful and hopefully for the bounty hunters they recognized the effect of early dumping even if it's below ICO price.

Jdragon6x6

member

Activity: 247

Merit: 10

It is not fair to blame it all in the bounty hunters. Every ico or commonly ico only offer like a small fraction as a reward. Recently I see like 3% or even lower are allocated to rewards for bounty hunters. Most of the investors often blame bounty hunters are the main cause of failing ico when in reality we only receive a little fraction of the ico.

airdropcoin

member

Activity: 442

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?

All that you said is true, but it is actually the developer's own problem. If they can use BTC or ETH to pay these bounty hunters, their own coins will not be sold. But for them, the cost of paying for hard currency such as ETH or BTC is a bit high. How to pay the bounty in what way is a problem that needs to be solved urgently.

sinkfish

jr. member

Activity: 252

Merit: 1

many join as bounty hunters are not legit, they simply see this is a way to get free coin and dump to the market to make more money.

they have no interest whatsoever to really promote the ICO they join in.

yusuf36

newbie

Activity: 14

Merit: 0

i think the same way too, with the fall of market, many holder token (not only bounty hunters) did panic sell and make conditions more worse.

GmBoom

jr. member

Activity: 322

Merit: 2

I have noticed that most of the bounty campaigns that I joined that is scheduled to be delivered as of this month has been postponed due to the current market situation. The life of the token totally lies on the team whether they release the token now.

mrcastelo

full member

Activity: 518

Merit: 100

The low price of Tokens should not be blame for the selling of tokens by the bounty participants because its only 1% to 2% of the total tokens sold are being distributed so it is definitely not to big that the price would be in its lowest price (usually below ICO price). Usually hunters received their payment more than 1 to 2 months after the tokensale so it is not really the hunters but the market it self especially now that we are in the bear market.

charlotte04

full member

Activity: 504

Merit: 102

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?

Obviously people do join bounties only for them to get some money and they don't usually care about that project and what that future holds. They are just in for the money.

notreally976

newbie

Activity: 24

Merit: 0

Quote from: Agutin on September 07, 2018, 03:15:14 AM

firstly, hunters do not have so many coins that would be hard to dump. in the second, investors themselves will be dumped to a greater degree. because you can get 20-30% profit and re-buy at the bottom. and the bounty will not die because it is essentially a cheap labor force, it can get tougher by the rules but it will

I agree with you, I am also a bounty! Now it's hard to make bounty, ICO scam or so, the price is reduced too! So sad!

masphie

full member

Activity: 896

Merit: 102

-= OI =-

i think dumb price because more than 1 factor....
And 1-2% alocation fund for bounty, i think not enough to make the token price dumb.
If that happen, surely just 1-2 weeks. After that price will be back to normal (if big investor not brutal selling)

nussy

newbie

Activity: 80

Merit: 0

When you are engaging in a bounties campaigns you are promoting the developer coins. And you will surely be paid with the coins at the of the campaigns am not sure there will be an alternative payments to that. Is left for you as a bounty hunters to select a credibly campaigns to participate in which will give you a reasonable returns at the long run.
The bounty programs can only get better though some modalities can be apply at times goes on.

Topic: Bounty hunters hurting themselves? - page 7. (Read 679 times)