Bounty hunters killed ICO? - page 15.

lvsca

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Quote from: Barracuda on August 13, 2019, 11:48:48 AM

Quote from: lvsca on August 13, 2019, 11:43:47 AM

your argument is true, but bounty hunters didn't kill ICO.
let's see how much allocation for bounty, usually its not above 10% of total token issued, so this is not the problem.
driving price of coin is hard, sometimes investor dump their token after ICO at market price and make a coin price down. if only token from bounty hunters, pumping will be easy. thats my opinion

Most allocations for bounties are below 5%.
And the reason why many investors throw away their tokens is because they get a big bonus when buying (investing). This should be thought by the project, why investors often throw away.

And another thing that kills ICO is because many ICOs are scams. What makes investors no longer trust ICO, that's why
ICO dies slowly.

yeah, i forgot about big bonus while joining early token sale.
this is a big problem in mid 2018 where many ICO launch and planned to be exit scam.

Quote from: Bonwin on August 14, 2019, 05:12:44 PM

The effect of bounty hunters can be felt on the price of a token after ICO, but there are some exceptional projects that never experienced such negative effect. However, ICO investors, advisors, team and many others who share from the tokens also have their effect, most especially negative impact on the tokens. So bounty hunters alone should not be blamed.

yep, since bounty hunter only got few of tons, but investor and advisor may threw their token in early listing.

Bonwin

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The effect of bounty hunters can be felt on the price of a token after ICO, but there are some exceptional projects that never experienced such negative effect. However, ICO investors, advisors, team and many others who share from the tokens also have their effect, most especially negative impact on the tokens. So bounty hunters alone should not be blamed.

CryptoIyke

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Very wrong assumptions, Why are most project dumps always attributed to bounty hunters forgetting that the developers and private investors who got these tokens cheap equally hold the larger part of the distribution

eidoscore

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i dont think bouty hunter can killed the ico, i'm sure and the developer are calculating about allocation for bounty and tokensale, they are calculated before running campaign and pay hunter, but the mistakes of developer they pay hunter early or distributing token between hunter and investor at the same time and make price down after listed on exchange.

Cryptoboss255

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Insightful argument, but bounty hunters didn't kill ico rather teams, most project teams dump a huge amount of token when distributing to bounty hunters and in turn accuse bounty hunters of dumping the token price. I know of a project that dumped 10 million token the same day distribution to bounty hunters took place. I think team should be blamed and not bounty hunters.

Wittny

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Activity: 184

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False, hunters don't kill Ico, is very glaring for all to see, bounty allocations is always 10% of the total supply, some not upto 10%, when there are investors owning 15, 10% of the total supply aswell. If investors holding 15% decided to sell at once at dip probably because losing interest in the project, the price will crash beyond expectations. Is not possible for hunters with just 10% allocations to crash market price.

AUruHM

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Quote from: Bezobraznike on August 14, 2019, 01:36:43 PM

Quote from: prehisto on August 14, 2019, 07:29:36 AM

FALSE.

We all know that hunters can and impact token price but this is true only in low liquidity markets.
And liquidity comes form secondary investors and traders.
I see that ICOs where like a wheel, those investors who got huge ROIs from the first bubble ICOs continued to invest because it was too easy in the first time, they reinvested till they made a decision to stop losing money. The made money was lost and investors lost, new investors are very hard to come by.

It`s false from one more reason, bounties are usually 5% of total coin cap. It`s crazy to think that 5% can hurt the market. They can disturb it, that`s fine,
but to drop price to zero that can do just some big early investor, who had opportunity to buy for very low initial price, with some good bonus, and the team behind
with access to huge amounts.

Ye, man, the same. I think for ICO seed and closed rounds are deadly with the giant discount. This is dangerous when the huge count of tokens from whales and funds goes on the market by x0.1-x0.5 from ICO price. This crushes price more than poor bountyhunters

Bezobraznike

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Quote from: prehisto on August 14, 2019, 07:29:36 AM

FALSE.

We all know that hunters can and impact token price but this is true only in low liquidity markets.
And liquidity comes form secondary investors and traders.
I see that ICOs where like a wheel, those investors who got huge ROIs from the first bubble ICOs continued to invest because it was too easy in the first time, they reinvested till they made a decision to stop losing money. The made money was lost and investors lost, new investors are very hard to come by.

It`s false from one more reason, bounties are usually 5% of total coin cap. It`s crazy to think that 5% can hurt the market. They can disturb it, that`s fine,
but to drop price to zero that can do just some big early investor, who had opportunity to buy for very low initial price, with some good bonus, and the team behind
with access to huge amounts.

Arti_Tsy

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Quote from: Maestro75 on August 14, 2019, 01:08:37 PM

It is not true that bounty hunters kill ICO. Developers and teams kill ICO because most of them plan to run with investors money and some dump the coin once it gets listed in an exchange. Most hunters do not even get the opportunity to sell their rewards before the developers dump them, make their money and run away.

Absolutely agree with you. Many times I observed such a situation when the price of the token fell many times before the distribution for the bounty participants was made.

Maamejane

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I dont understand why everyone seem to blame hunters for anything negative.. The truth is ICO projects killed themselves, you don't scam many and expect many on board when new projects pop up. Hunters just support project and hype interesting ones.

Maestro75

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It is not true that bounty hunters kill ICO. Developers and teams kill ICO because most of them plan to run with investors money and some dump the coin once it gets listed in an exchange. Most hunters do not even get the opportunity to sell their rewards before the developers dump them, make their money and run away.

silver23

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yeah we can said that is true but not all like that.
the best solution of ICO is paid bounty hunter with BTC, ETH or other lsted coin.
so they will never get a problem for their token.
that is so simple.

WalkerIVIV

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Those are false statements OP.
1. Majority of ICOs have already offered more than 50% discount that totally doesn't make sense
2. Team owned the majority of the funds and the team doesn't even wanna spend it for the big exchange site
3. Liquidity problem

Bounty participants always get the distribution delay and it can be considered as the reason if all of the things that you have mentioned seem not true.

Onika84

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Making Smart Money Work

This is unfair, to judge bounty participants as ICO "killers". Almost all bounty participants only get 0.03% of the total token. of course there are those who sell the tokens directly. however there are still many bounty participants who support the project so hold tokens are the principle.

taufik123

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During this time BPUNTY HUNTER helped ICO to grow by spreading about the projects they participated in. if the ICO fails because the bounty hunter factor is also not entirely, because the allocation of tokens provided to the bounty is only a few percent. what really matters is the number of investors and the development of the projects and their benefits. If the bounty hunter is indicated to affect market prices, then the bounty hunter token can be distributed after the investors' tokens are distributed and sold in the market.

Peterdav

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Absolutely false, I think you have to correct it.
My opinion:
- A large bonus is the main factor a token price dropped
- Project does not run according to the roadmap and does not develop

Vektrum

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Please note that many projects allocate about 40% of tokens for sale, but the rest goes to the team, advisers, fund, which they use at their discretion. In this case, 60% of the tokens that are received free of charge remain, so if you sell them at a price lower than the ICO price, you can make the dump very deep. Bounty hunters will not greatly affect the project if it is really valuable, interesting and the team allocates part of the raised funds during the ICO to maintain the price of the coin on the exchange.

Tccrypto

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You don't have to blame bounty hunters for the failure of some crypto projects. If a project is good and prospective and there are evidences to prove its quality such as good price, a real working project and a sound team, trust me even bounty hunters will want to hodl.

Dannev

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I don't agree with this if you are asking or suggesting bounty hunters killed ICO. My question is this, why will a project embark on a bounty campaign when there's no resources or funds to pay the hunters that worked? It's also their time and efforts invested in that project. There's no blaming hunters cos they only received payment for their labour.

forexandcryptoauditor

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With the allocation of only 5% to 15% for bounty hunters, I dont think, selling all that will collapse ICO price. There are other factors for example private investors who got the tokens/coins with huge discount, which actually affects the price. So its not bounty hunters who killed ICO.
Also the fun raising technology has changed and every project is now running IEO and still with involvement of bounty hunters.

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