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Topic: Bounty hunters killed ICO? - page 4. (Read 7081 times)

copper member
Activity: 336
Merit: 5
September 04, 2019, 10:26:08 AM
We are all entitled to our opinion as to the reason for the demise of ICO's. I personally believe that every group of individuals in the cryptocurrency space has a share in the blame and bounty hunters are the least to be considered.
member
Activity: 616
Merit: 13
September 04, 2019, 10:23:28 AM
somehow what you are saying is true but we can't deny the fact that bounty hunters really is a big help for any ico in able to achieve a certain selling cap. Hence it becomes a double edged sword because bounty hunters helps an ico to get many investors but bounty hunters also is the reason why the price of the token gets dumped.
full member
Activity: 733
Merit: 100
September 04, 2019, 10:15:50 AM
Bounty hounters should not be said as an ico destroyer, because if the issue of price dump is a factor it should not be the main factor. because the rewards that the bounty hounters get are not comparable to investors. so the volume that affects the price of ico is not a bounty hunter.
member
Activity: 464
Merit: 10
September 04, 2019, 10:14:29 AM
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 think not. If you compare bounty allocation with total raised fund, It cannot affect token prices. Team and private investors are the ones who hold the most tokens, and they are the cause of the dump. So stop blame hunters for that.
if we talk about psychology that effected while bounty  hunter dumped token its very big.although bount total has less portion if we compared with total supply.but if developers team could work hardly and keep update about their projects developtment, in my opinion bounty dumping will not effected to market price.
full member
Activity: 339
Merit: 100
September 04, 2019, 10:08:14 AM
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 think not. If you compare bounty allocation with total raised fund, It cannot affect token prices. Team and private investors are the ones who hold the most tokens, and they are the cause of the dump. So stop blame hunters for that.
full member
Activity: 1400
Merit: 103
September 04, 2019, 09:48:36 AM
Investors see only what that developers want to show them. After all, it is so convenient to blame the bounty hunters for the fall of the coin. And the reality can be much more prosaic - the team decided to make money)))
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
September 04, 2019, 08:42:30 AM
ICO depriving BOUNTY HUNTERS.

Some projects are scammed and not paying BH, if they get the success they suddenly change the budget.
If not changed, they will lock the tokens if not they will delay the payment.
Many cases like this happens with every new projects, most of the time they are holding and locking stakes they will do everything in their capabilities to keep the rewards on hold, bounty Hunters can affects literally if the projects is not that solid, if the developers is not aiming for more successful progress, it's not that much anyway if there's a proper plans after the bounty rewards got released.
member
Activity: 753
Merit: 15
mulierum.com
September 03, 2019, 06:10:11 PM
In fact, the project teams made some problems and the bounty hunters just became the victims.
I don't know why some people just blame the bounty hunters for the deterioration of ICO reputation.
If it is about the dumping case, I think bounty hunters don't have the highest number of tokens. It is likely from the whales or the developers itself.
So, I disagree if they stated: "bounty hunters killed ICO".
full member
Activity: 952
Merit: 104
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September 03, 2019, 06:09:11 PM
It's not true because bounty hunter just keep promoting a project bio but i know scam project killed ico now. Of the year two more the larger investor taking more scam project and loss their funds.

That's right, those scam projects killed the reputation of ICO and not bounty hunters. As we can see from the start, bounty hunters are just promoting the ICO without knowing if the project will succeed or not and they have nothing to do on how it will perform in the market. Then there's scam projects that ruined how people look on ICO that has been generalized as scam and this is the reason why investors sway away from investing in ICO which killed it
sr. member
Activity: 1330
Merit: 291
September 03, 2019, 05:32:24 PM
Yes, some ICOs made such mistake where they have distributed tokens to bounty hunters at a very early stage which eventually directed them to a massive failure. However, ICO owners learned from such mistakes pretty soon and adopted an approach to distribute at a later stage. So bounty hunters are not the sole reason for the failure of an ICO project.

Rather, the main reason of failure is the lack of business expertise. Majoriy of the successful ICO failed at sustaining their business because of the lack of expertise! It has no relation with bounty hunters.

If I ask you to give example of some ICOs with a very successful post-ICO business implementation, can you show me at least 5??

It seems like you are contradicting yourself in your submission above by saying YES to the question post by the o.p. why the body of your submission say's NO to the question. Where exactly do you stand?

Back to the question, I don't believe the blame should be the bounty Hunters but the blame should be on the developers who are just out to dupe investment of there investment capital.
member
Activity: 258
Merit: 32
September 03, 2019, 05:19:26 PM
Will like reiterate that, hunters been paid.early does not.actually affect the ICO because mof these bounty campaigns will not pay huge portion of the tokens to hunters as we have seen in their token distributions. Most of the market got spoiled due to the fact that team usually dump in their tokens before hunters do.
hero member
Activity: 1666
Merit: 453
September 03, 2019, 04:33:26 PM
ICO depriving BOUNTY HUNTERS.

Some projects are scammed and not paying BH, if they get the success they suddenly change the budget.
If not changed, they will lock the tokens if not they will delay the payment.
full member
Activity: 686
Merit: 101
September 03, 2019, 04:23:44 PM
They indeed have a big impact on the price after the listing, but only if the project fails to list on a mid to large sized exchange where the buy volume would quite easily eat up the bounty sellers. So the projects should be aware of this and its partially their fault if they are unable to provide larger volume exchanges after the listing.

Why do you think it's the bounty tokens that influence the price that much? Do you have any proof for that? I'd say it's most of the time early investors (private investors) who got huge bonuses that dump right after exchange listing.
member
Activity: 658
Merit: 10
September 03, 2019, 01:10:13 PM
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?
False. Although Bounty hunters are increasing, bounty hunters do not deserve to be accused of being ICO killers. If you feel that the ICO was killed, there must be another reason and not because of BH.
full member
Activity: 1064
Merit: 101
September 02, 2019, 06:52:12 AM
They indeed have a big impact on the price after the listing, but only if the project fails to list on a mid to large sized exchange where the buy volume would quite easily eat up the bounty sellers. So the projects should be aware of this and its partially their fault if they are unable to provide larger volume exchanges after the listing.
full member
Activity: 854
Merit: 104
September 02, 2019, 12:03:55 AM
Bounty hunters are least involved in the current decline in ICO projects. The only thing bounty hunters are often accused of is lowering the price of new tokens when they appear on the exchange due to their massive sale. This charge is untrue for many reasons. Early investors have more chances and opportunities to collapse the price of new tokens, but for some reason they are not blamed for this.
A very large level of fraud among these projects, as well as the general condition of the cryptocurrency market, led to the current state of the ICO to a greater extent. In addition, I would not say that the ICO has died. Projects have become much smaller, but the quality, in my opinion, has become even better.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
September 01, 2019, 02:21:51 PM
It's not true because bounty hunter just keep promoting a project bio but i know scam project killed ico now. Of the year two more the larger investor taking more scam project and loss their funds.
sl8
jr. member
Activity: 38
Merit: 1
September 01, 2019, 02:05:34 PM
If not true, why there's so big buthurt of bounty hunters?  Cheesy
jr. member
Activity: 280
Merit: 2
September 01, 2019, 01:24:25 PM
The whole problem of such a question is the lack of knowledge. Everyone is blaming bounty hunters because of their 0,05 percent of total tokens that dumped the price to -x10 from the token sale price. Wake up guys, the team is responsible and not bounty hunters.
sr. member
Activity: 645
Merit: 266
September 01, 2019, 11:34:39 AM
-snip-
it can also be avoided when his team pays bitcoin, ETH, or coins that are popular with bounty hunters. however, the coins they hold are sometimes below 10%. Well, in this case, not all bounty hunter mistakes. I think when the team has a good strategy for avoiding dumps, the best way is to pay them another coin.
Of course, paying all bounty hunter with popular altcoin make it stable after listed on exchange, and bounty hunter can calculate their estimate earning without complain why it so cheap, so far from the ICO price, etc.
Hopefully, for upcoming campaign many ICO use this method for the best solution with promotor/marketing and for themselves.
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