Topic: BOUNTY HUNTERS: THE CARRIER OF ALL BLAMES IN NEW CRYPTO PROJECTS' PRICE DUMP - page 2. (Read 713 times)
September 30, 2020, 01:38:50 AM
I think your line of thought was about the past, any developer or investors thinking the dump in price of their tokens is because of the bounty hunter is living in dreamland. The amount most of these projects allocate to bounty now is less than 0.5% of their total tokens, why most of the time VCs and Developers hold more than 50% of the tokens, so do bounty hunters crash the price
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September 30, 2020, 01:18:10 AM
Sad to say but i already experience so many project that always blame bounty hunters for the falling of thier token price but if we put basis on the on the token alocation which is really small maybe they can say that it is not only the bounty hunters but also some investors.
Dude, the team itself was also the problem. the team didn't wanna put more money to pay the exchange site as the listing fees. That will make the coin will have no demand and the result is clear if the coin will be dumped instantly as there was no volume in the market that can support it.The team didn't even see in the mirror about what's the main problem why investors are losing their trust too.
Lack of communication and they were greedy to grab money. There are a lot of reasons for that.
It's all about the drama from the team to avoid the blame from the investors.
September 30, 2020, 01:15:13 AM
This is a fact that often happens, but investors forget that there are also bounty hunters who participated in purchasing these tokens. I did it several times in several ICOs in 2017.
The percentage for bounty hunters is below 5%, sometimes only 1%, so it is difficult to make the price down deeply, even more the distribution for hunters it is done after the investors received it first.
The percentage for bounty hunters is below 5%, sometimes only 1%, so it is difficult to make the price down deeply, even more the distribution for hunters it is done after the investors received it first.
September 30, 2020, 01:09:53 AM
Sad to say but i already experience so many project that always blame bounty hunters for the falling of thier token price but if we put basis on the on the token alocation which is really small maybe they can say that it is not only the bounty hunters but also some investors.
You can refute such claims by showing them the token allocation economics. Usually the projects give a less than 1-2% allocation to bounties. Sometimes it is just an unnamed portion of the marketing which might be a bigger umbrella term with a 10-15% allocation and they would be keeping the bounty at a smaller portion of that fraction.The bigger dumpers are the project owners and the advisors. They end up their lock-in period and dump it before the rest of the retail investors even have any chance to see the market. This is a problem with the listing process and the lock-in mechanism of these tokens making it all seem like a big pump and dump.
I would suggest bounty hunters to stop doing bounties like these. In fact each and every project have become similar and thus stopping the craze of bounties is a better thing to do. Unless you get too lucky, you wont be making any money here dumping your tokens, because their inherent value is worthless.
September 30, 2020, 12:39:07 AM
Well, someone always has to take the blame and in this case bounty hunters fall in line as a scape goat. When projects are very successful, project devs always want to take credit and glory, but whenever a project fails and a token dumps, they shift the blame to bounty hunters and marketers which is wrong and cruel.
It will continue to remain this way so as a bounty hunter, do your own research and always join credible bounty campaign
It will continue to remain this way so as a bounty hunter, do your own research and always join credible bounty campaign
These kind of situations arise when the circulating supply of the project aren't that high as they wanted it to be due to the lower volume of sold out tokens in the pre-sale and sale.
If this happens the team hesitates to distribute the entire bounty to participants as the bounty tokens maybe relatively larger than the sold out tokens which may hurt the investors.
I personally prefer promoting strong projects with great fundamentals which will surely sell out due to the high demand so I don't have to be worried about non-distribution of tokens.
Also the teams can prefer lockups of bounty tokens if they are worried about the price.
September 30, 2020, 12:25:05 AM
we already explained this before but on a scatter way and incomplete statements but im sure project owners and investors already know what we are expressing because they are not dumb enough to not to understand it . im not a bounty hunter nor others that use to comment like that but we are only helping or defending the rights of our fellow bounty hunters because i and others are also part of this forum . we treat bounty hunters as our co workers . this list you have is complete and this act as a reminder to them that they should respect hunters for once .
September 30, 2020, 12:16:51 AM
Sad to say but i already experience so many project that always blame bounty hunters for the falling of thier token price but if we put basis on the on the token alocation which is really small maybe they can say that it is not only the bounty hunters but also some investors.
September 29, 2020, 08:03:12 PM
If a project is legit even bounty hunters dump their coins the price wont be to affected since the allocated portion for hunters are not huge to greatly affect the price. The dev are just blaming the hunters for themselves to look as victim as well.
This kind of project with no concern dev is not worth it. Bounty hunters are doing their part to promote the project yet most of the time treated so unfair. Thats why dyor is really important to not end up in a project that is not worth for the time and effort promoting.
This kind of project with no concern dev is not worth it. Bounty hunters are doing their part to promote the project yet most of the time treated so unfair. Thats why dyor is really important to not end up in a project that is not worth for the time and effort promoting.
September 29, 2020, 07:38:30 PM
First off, the bounty hunters are doing their job. It's pointless to blame them in the first place. The rate of success of one's project alwaya depend on the team and developers. With of course the project's usefulness and purpose in crypto market.
Expect that the bounty hunters are just following what was the team's rules only. Also, each of the bounty hunter is different. If one hunter wanted to sell off their rewards and other wanted to hold it, it's their prefer way of decisions. Theyre not actually the main cause of dump if they sell their reward tokens.
Expect that the bounty hunters are just following what was the team's rules only. Also, each of the bounty hunter is different. If one hunter wanted to sell off their rewards and other wanted to hold it, it's their prefer way of decisions. Theyre not actually the main cause of dump if they sell their reward tokens.
September 29, 2020, 05:42:47 PM
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The success of a project depends largely on the team. They should do their job and the investors and the strong hands should also tame their greed and stop badnaming the bounty hunters.
your explanation is very logical, I want the project team who likes to blame bounty hunters to read your explanation. I am surprised that the project team who held the bounty program and budgeted the bounty often blamed bounty hunters, even though bounty hunters only wanted to get the rights to their hard work after supporting the project. I think it's just playing the victim, making the bounty hunter an excuse when the team can't develop a good strategy. There is much evidence that a strong project can maintain its price even though the bounty hunter sells the reward. It should be, if from the start the dev team was afraid of a dump, it's better to promise btc rewards or other strong coins. The success of a project depends largely on the team. They should do their job and the investors and the strong hands should also tame their greed and stop badnaming the bounty hunters.
September 29, 2020, 05:22:48 PM
It has been the usual practice of the investors to attribute the faults and blame of a new project price dump to the bounty hunters.
Actually, it is funny, but in fact, this is true. I often follow the telegram groups of any project and see many chats that blame bounty hunters if the price dumps. They always said that the team should not give any chance to bounty hunters to get the coins or token because the price can dump after they got it. More specifically, they always think that bounty hunters and airdrops will become the main factors of price drops.
However, in fact, how the percentage of tokens or cons for bounty hunters? I think commonly it is only about 2% or approximately 4% the highest. Can it dump the price so easily? if it is capable, it means that the tokens or coins are limited and once there are some investors buying the tokens it should get the increasing price again.
So, I also agree with some points of OP. Many factors will influence the price to drop or increase. Bounty or airdrop hunters maybe only a few percentages that can cause the price drops. But we do not know what behind it exactly and probably only investors and team know that.
Its no brainer on whose the main dumper which is the investor itself yet they are the ones who do bought tons of coins plus having those discounts or bonuses.When investing on an ICO then theres no doubt that
investors primary motive is to dump those tokens when it gets listed on an exchange.
This had been the norm and bounty hunters should really get used to it.I didnt expect that bounty hunting is still alive nowadays considering the success rate of projects which is really almost on the floor.
September 29, 2020, 05:21:20 PM
From my point of view it is not the bounty hunters but private investors who get the coins with huge bonuses or discounts and the team itself. With as little as 1% or slightly more than that amount, even if all these tokens are sold, there should not be much impact on the price of it.
September 29, 2020, 05:17:00 PM
It has been the usual practice of the investors to attribute the faults and blame of a new project price dump to the bounty hunters.
Actually, it is funny, but in fact, this is true. I often follow the telegram groups of any project and see many chats that blame bounty hunters if the price dumps. They always said that the team should not give any chance to bounty hunters to get the coins or token because the price can dump after they got it. More specifically, they always think that bounty hunters and airdrops will become the main factors of price drops.
However, in fact, how the percentage of tokens or cons for bounty hunters? I think commonly it is only about 2% or approximately 4% the highest. Can it dump the price so easily? if it is capable, it means that the tokens or coins are limited and once there are some investors buying the tokens it should get the increasing price again.
So, I also agree with some points of OP. Many factors will influence the price to drop or increase. Bounty or airdrop hunters maybe only a few percentages that can cause the price drops. But we do not know what behind it exactly and probably only investors and team know that.
September 29, 2020, 07:36:42 AM
It will continue to remain this way so as a bounty hunter, do your own research and always join credible bounty campaign
Those who are blaming bounty hunters are preparing to scam people, people should know this, legit projects will never blame bounty hunters in fact they are rewarding these bounty hunters handsomely, those projects that are giving pennies and into blaming games are a sure sign of scammers so you'll know what to look on a project.
Well, i believe you have stated the facts just as it is, if we begin to draw out lists of projects that has failed to pay bounty hunters; or that has blamed hunters for token drop; they have ended up with dipped and terrible price or exit-scammed. From curestoken down to bitagro bounty, lots of lots of project as such.
It is save to say that projects who do not care about bounty hunters effort, would not regard investors feelings and funds before exit scamming. Always do your own research
September 29, 2020, 07:26:18 AM
Yes bounty hunters are blamed always because lets say 20 or 30% of hunters go to sell as soon as they receive reward tokens and we have to accept the fact that if there are a lot of sellers at a time price will dump so no need to be defensive or appologetic.
Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
I think you missed the point here mate, did you consider the bounty pool, which is only a small portion of the Token supply there's no apologetic about it because its a fact the OP is right it depends on the project team on how to handle the situation usually the distribution won't happen instantly it takes some time, and yet the project token was already traded and suddenly the price went dump is it right to blame bounty hunters for me its a complete nonsense. Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
September 29, 2020, 06:54:28 AM
Yes bounty hunters are blamed always because lets say 20 or 30% of hunters go to sell as soon as they receive reward tokens and we have to accept the fact that if there are a lot of sellers at a time price will dump so no need to be defensive or appologetic.
Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
I think you missed the point here mate, did you consider the bounty pool, which is only a small portion of the Token supply there's no apologetic about it because its a fact the OP is right it depends on the project team on how to handle the situation usually the distribution won't happen instantly it takes some time, and yet the project token was already traded and suddenly the price went dump is it right to blame bounty hunters for me its a complete nonsense. Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
September 29, 2020, 04:43:28 AM
Yes bounty hunters are blamed always because lets say 20 or 30% of hunters go to sell as soon as they receive reward tokens and we have to accept the fact that if there are a lot of sellers at a time price will dump so no need to be defensive or appologetic.
Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
There are few facts about crypto projects you aren't getting, lack of demand for any projects is the fastest way for coins and tokens to lose value, projects with high demands in the market have nothing to worry about, for example if a project has approximately 2million trading volume on exchange every 24hours what damage can bounty hunters do when all bounty allocation is not up to 5% of the entirely max supply of the coin or token? Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.
September 29, 2020, 04:17:33 AM
I have always said that mostly private sale and pre sale or anyother special offerings by team to big investors are the real cause of the dumps. I have seen people getting as high as 10x below the mainsale price so what do you think a person getting instant 10x will not take profit by dumping large amounts of tokens and crashing the price?
Selling by hunters also causes somewhat dumps but the only way to avoid that is paying in other coins.
Selling by hunters also causes somewhat dumps but the only way to avoid that is paying in other coins.
September 29, 2020, 04:01:31 AM
If you want to find who is to blame, of course I personally prefer to the project team itself, who is to blame when there is a big dump, take a look at AirDrop UNI which gives so many $ to users, but what happens the price continues to increase, it's because of the Team strong and made not carelessly and certainly full of good planning.
the problem was that the new altcoin had a big dump. The team didn't really know what to do except get money fast from investors.
the problem was that the new altcoin had a big dump. The team didn't really know what to do except get money fast from investors.
September 29, 2020, 03:42:05 AM
Well, we can't do anything about it. Bounty hunters are treated slaves and doesn't have any privilege in this forum so they will most likely be the blame for the market dump. Though this is a fact in some ways because usually, markets doesn't have large volumes at start to support the massive rewards of the bounty hunters so bounty hunters who dumps have an impact in the market, and there's a lot of them.
Nonetheless, people are forgetting the fact that without promoters, investors wouldn't know their project in the first place.
Nonetheless, people are forgetting the fact that without promoters, investors wouldn't know their project in the first place.
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