Topic: Bounty hunters killed ICO? - page 17. (Read 7092 times)
You're not right. Bounty hunters are not ICO killers. You can see, the total allocation for bounty is only 2-3% of the total supply. Can it reduce prices in exchange? Be a smart person. Do not want to be blamed.
The projects management killed the ICOs as they don't provide enough visibility about the project and investors are afraid that they will not recover their investment.
With the new concept IEO, investors know from the beginning on which exchange the project will be listed, which is great.
With the new concept IEO, investors know from the beginning on which exchange the project will be listed, which is great.
ICOs has a loooot of "free money", such as bounty guys. I would cautiously agree with the author. Probably with 65% 
free money? are you sure? bounty hunters get rewards based on the support they have provided for a project. So it's not completely free because they do "work" according to the rules that have been made.
Many projects are also successful with tokens that match expectations of paying hounters fairly. So, it is not entirely to blame that bounty hunters cause chaos, many other factors.
If a project has a good strategy, I think this can be avoided.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
What do you mean bounty hunters killed ico? I don't think bounty hunter can do that. It is probably your assumption only, because if your statement is true for sure there will be no more ICO now that arise so far. But why still ico exist now? it is because, you are definitely wrong with that kind of assessment. Without bounty hunters none of the potential altcoins that existed here for a years will not be exist.
In no way are bounty hunters responsible for the drop in ICO activities in the crypto space. The drop in ICO activities is as a result of the launch of a more convenient way of performing token sales which is IEO. Now, the attention is shifted more to IEOs.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
False! Although it might be contributory, it plays a very little role. You know what really killed the ICO market? It is the ICOs themselves. The ICO market used to be thriving, with a lot of investors passionately supporting crypto projects. What happened?
1. Because there were huge successes made in the market, it became a sweet target of scammers and haphazard and mediocre projects which are solely made to take a share with the pie and exit afterwards.
2. Many of the successful ICOs proved to be a crap after millions worth of investment was raised, coming out with poor to no products or partnerships at all.
3. The huge bonuses and discounts offered to attract ICO investors backfired. The investors have turned from real supporters of projects into plain profit-seekers. Just like some bounty hunters, they would dump their coins as soon as they are admitted to the exchanges.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
That would be an absurd reasoning. The coins distributed to the bounty hunters would be equal or less than 5% of total tokens sold. Generally 1 or 2%. This too excludes the distributed coins for advisers and team members. This holding of 2.5 to 0.5% won't have any huge impact on the price or for a project to be a success or failure.
So many times bounty hunters are getting the dust and their token not worth even a dollar.
I can say what already written by OP is false statements.
For me it depends. Many ICO project were not killed just because of bounty hunters such as pundix. Pundix had a huge marketcap and bounty hunters can't dump it. We all know that the bounty hunters will also help to the project to success so that the bounty hunters are deserve to get rewards.
don't blame the bounty hunter,
see, it's a risk if the price really drops drastically,
but the team should also anticipate this, such as making a buyback, or giving dividends if they hold the coins,
this is very simple actually if the project is indeed serious and already has a product.
see, it's a risk if the price really drops drastically,
but the team should also anticipate this, such as making a buyback, or giving dividends if they hold the coins,
this is very simple actually if the project is indeed serious and already has a product.
Bounty hunters do not kill, because bounty hunters only receive a small amount of the total tokens that will be launched on the market. it is precisely investors who can kill ico, or most token holders and after launching into the market exchange, they sell all token.
As a bounty hunter, I'm full free to sell my token. But I don't sell any of my token and I don't take this blame that's bounty hunters kill the price.
But what would you do, if you knew all other bounty hunters would start selling their tokens straight after listing and it would influence dramatic decrease? As practice show, -x5 at least.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
I don't think that's the main factor. now, if you think about how much is the allocation for the bounty hounter that causes the price to drop? the allocation for the bounty hounter is not very small when compared to the allocation of investors. maybe if the team wants to try to make price developments can increase. so this is not a bounty hounter error but rather the development of a team that is not serious about working on a project and causing an ico scam 2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
Hunters can’t kill the project because of this, even if they dump their holdings. Some of the good coins right now started from ICO and yet they survived the dump level of the hunters because they have the good project. If the developer made a mistake and can’t handle their marketing well, then expect that to die as well. ICO is not dead yet, some good ICO are still running. 2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
so why they created a some bounty, if they know it will be a thousands of people joining.
basically ico just like a print new money, and paying bounty hunter with dust at the beginning.
if ico fail the bounty hunters will not payed.
also bounty just take a small amount of allocation.
and also briliant investor can see it, if allcoation for bounty above 5% from total supply, i guest it just a bullshit.
basically ico just like a print new money, and paying bounty hunter with dust at the beginning.
if ico fail the bounty hunters will not payed.
also bounty just take a small amount of allocation.
and also briliant investor can see it, if allcoation for bounty above 5% from total supply, i guest it just a bullshit.
Some bounty hunters are dumping the price and they have their reasons for doing that. Why not to do a buyback before a token is listed on any exchange. This decision would solve any problems and would avoid such a dump that happens every single time.
ICOs has a loooot of "free money", such as bounty guys. I would cautiously agree with the author. Probably with 65%
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
The project that distributes the most bounty awards is 5%. If it was the Bounty Hunters who brought the end of the ICO with 5%, these men would shake the world.
My answer is false. Bounty price can not affect that much.
We all know math, but you all know that it is easier to drop the price (for token) rather than rise it. Even a small number of BH are able to drop the price, because look at the countries of origin - South Asia, Africa mostly. They considered these tokens as a top source of income. And so it was till the begining of 2018. But all that is just my IMHO.
The answer is false. Let's do the calculations. How many tokens gets allocated to hunter? Is that enough to drop a project price? What killed ICOs is the bear market and investors realization of what a mistake ICOs were coupled with the scamming events faced by investors.
If bounty hunters usually get 5-10% out of whole token circulation, part of them decides to hold, then how can the rest manage to drop price? Specially when all of them dont sell their bounty tokens at the same time.
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