Bounty Hunters the cause of token dumping ? - page 10.

bitgolden

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Quote from: johnsaributua on July 02, 2018, 07:17:15 PM

some dump occurrences happen sometimes before bounty hunter gets token. and if we think, the allocation for bounty hunter is very low, almost all ICO allocates to bounty below 5%. I think it's not fair if bounty hunter is accused of being a price-dump maker.

Bounty hunters are never the cause of dumps and it is actually funny when I get to see a lot of people saying this.
About very tiny percentage of total tokens issued are dished out to bounty hunters which in most cases the tokens or coin would have been trading already before bounty participants get their share as you said, this is just some whale dump since they always end up getting huge bonuses anyway at the start of the ICO, so pushing the blame on hunters is actually uncalled for.

Altec251184

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These are the standard two ways, who wants to keep their tokens for a long time, and who wants to merge them immediately without waiting for the development of the project, so here it is everyone's business.

zemuks

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I think it stereotypes which appear in every field. The main problem of token dump after ICOs is bed market condition now and to high bonus on preICO and price.

FalconB

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Why do you care so much? It's on the contrary advantageous if you like the project, you can buy tokens at a very low price and wait. If the project is good, then its price will still rise despite a dump

Emilyp

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I disagree, they are those who participate in the private sale that dump their tokens once they receive them. Bounty hunters in the other hand have to wait for weeks to months after ICO to receive their token and by then the price would already have fallen down.

raven7886

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Quote from: pageraji on July 03, 2018, 03:29:08 AM

its can be prevented when distribution of bounty payment is not same month with coin in exchanger, so its upon developer to manage about dump or pump, not to blame bounty hunter

Most developers usually do not care and they just let things roll anyway and would rather blame it on the bounty hunters and the market movement.

As far as I am concerned, bounty hunters have very little part to play when it comes to token or coin dump once it is listed on an exchange. These are just some big investors who got at a whooping low amount at the early stage of ICO price dumping their coins pretty fast so as to make some quick profit from it, shake out the weak hands and buy lower later on.

Bounty hunters are usually most of the weak hands anyway which is why I always pity those who sell their coins or tokens below ICO price.

Badboy45

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i think so

TokenForUs

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Ccfound

not every bounty hunters sell their tokens right after distribution, but i will not argue that most of them will sell directly after bounty distribution by bounty manager. i think bounty managers or developers know that matters properly and provide the way out to solve dumping problem. it is normal most of ICO will face this matter and usually bounty hunters will sell their coins below ICO price.

plzdance

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Quote from: jackjackfly on July 03, 2018, 03:33:36 AM

You can't blame people who is trying to find new way of income. especially in countries where there are really low sallaries. This problem can be solved if ICO owner aways make a frozen period when noone ccan sell tokens, that is it

The problem is not in them! The problem is that many projects go to ICO without having a finished product and most investors are not ready to wait until the project is fully launched here and sell while there is a profit.

ilovecoin1112

newbie

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ICO investors maybe will wait for the programs.

Bounty Hunters are just that, hunter. They hunt bounty for a living and of course will sell all or most of their coins for daily expenses

cramcram21

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Actually I think they are part of it but mostly it is the investors who are dumping the price,
Just think about it what if the investors only invest in it to get a profit because of the huge bonus that they give and once it hits it's ICO price they would sell it to get their money back.
So basically investors are also part of the price dump in the tokens not just the bounty hunters because some of bounty hunters are also holding their token.

mbah

sr. member

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honestly less plausible as well if the blame. Bounty received only a few percents of total sales. so I think this does not affect a lot for the price. and indeed many also prefer to hold back and certainly not the cause completely bounty price into fall.

Osakrita

newbie

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They are often guilty of selling tokens below the ICO price. It doesn't make any sense to me personally as it is inconsiderate of them. Many ICOs are beginning to realise this and are placing restrictions on bountyhunters selling in the first few weeks of launch after tokens must have been listed

jackjackfly

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To buy or not to buy - that is the question ;)

You can't blame people who is trying to find new way of income. especially in countries where there are really low sallaries. This problem can be solved if ICO owner aways make a frozen period when noone ccan sell tokens, that is it

pageraji

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its can be prevented when distribution of bounty payment is not same month with coin in exchanger, so its upon developer to manage about dump or pump, not to blame bounty hunter

xvids

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The bounty hunters couldn't really be the reason for a huge drop of price ,
For me the bounty hunters aren't the ones who are dropping the price because if you would look closely the allocated token are only 2 percent of the whole project and it couldn't really affect too much in the price.

benedictonathan

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Quote from: Dudeperfect on June 24, 2018, 10:08:39 PM

To be honest, I believe that it is a subjective term and it differs from holder to holder. I remember, when I first received my bounty tokens, I sold it almost after 1.5 years and I have almost earned more than 500% reward for it. On the other hand, there were some people who sold their bounty coins immediately when they received it in their wallet. Considering my risk profile I believe that it is the risk worth taking and holding tokens as long as I can.

In contrast, I have also encountered myself included some experiences when holding bounty tokens being paid for after a bounty. I held it in 6 months and sold it after the value of the token went down to half of the original price when I first got the said tokens. If I did not sell these tokens then the price now would be 1/10 of the original price and I would have gotten a very low amount. Many tokens do not guarantee good returns after a year or two basing on the experiences and the observations I have made on those ICO's.

Marahunter

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Quote from: richan on June 24, 2018, 06:11:46 PM

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap. I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

This is why you should be patient and pick up cheap coins after ICOs. Even if bounty hunters cannot cause the entire value to plummet, i guess it is an example of the broken window theory, where one action perpetuates a number of other actions

Moreen_ico

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Most bounty hunter sell their token immediately,they always talk about exchange because they want to either convert the token to fiat or btc.
On my opinion, bounty hunters do not really care about the success of the project since they do not invest money but they invest time which is equivalent to money.

nur rochid

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Quote from: marcbitcoins on July 02, 2018, 10:24:55 PM

Quote from: richan on June 24, 2018, 06:11:46 PM

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap. I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

Yes, it is unfair that it would only the bounty hunters to be blame of the price falls of the new token because i have observed many times that even the bounty reward was delayed but still the token price is already declining meaning some of the investors are already selling too because of their token was bought cheap and they have bonuses during the sale so its already a profit for those who will sell earlier after the token was unlock in the exchanges.

if we think the average allocation for bounty is 2% -4%, I think it's very unfair that bounty hunter cause dump, because with that small amount. therefore I think the role of bounty hunter during dump action is not significant

Topic: Bounty Hunters the cause of token dumping ? - page 10. (Read 18964 times)