Bounty Hunters the cause of token dumping ? - page 5.

Dewi Aries

legendary

Activity: 2716

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

Quote from: Questat on April 30, 2019, 07:39:18 PM

Quote from: naira on April 30, 2019, 06:47:12 PM

in my opinion regarding the problem of dumping made by bounty hunter, It true , because most bounty hunters sell tokens without using target no matter how cheap the price is they still sell ,origin to be money and that is the reality that I have seen now

The team has to make a solution to that as they are the one providing the reward, so bounty hunters can sell to enjoy their reward.
If they protect the interest of the investors, they should not be the price dump, either they will delay the distribution or they will look for a high volume exchange to list the coin.

For now some bounty reward delayed in distribution in order to keep the price. And it is proven that price still down even bounty hunters not get their reward yet. You are right, it is all depends on dev which strategy that they do with their tokens. Because bounty campaign help them to promote their project too.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: naira on April 30, 2019, 06:47:12 PM

in my opinion regarding the problem of dumping made by bounty hunter, It true , because most bounty hunters sell tokens without using target no matter how cheap the price is they still sell ,origin to be money and that is the reality that I have seen now

The team has to make a solution to that as they are the one providing the reward, so bounty hunters can sell to enjoy their reward.
If they protect the interest of the investors, they should not be the price dump, either they will delay the distribution or they will look for a high volume exchange to list the coin.

naira

hero member

Activity: 1974

Merit: 586

Free Crypto Faucet in Trustdice

in my opinion regarding the problem of dumping made by bounty hunter, It true , because most bounty hunters sell tokens without using target no matter how cheap the price is they still sell ,origin to be money and that is the reality that I have seen now

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: arwani1985 on April 30, 2019, 05:57:08 PM

at this time they were one of the people who were blamed when a price dump occurred after the bounty distribution. but the team should have anticipated when things like this would happen to be able to increase traders like contests

Agree with that, team involvement will be greatly appreciated if they could take an action ahead of time but somehow they are focusing on how to increase their market sales as their first priority. And as always to happen that tokens will drop its price once it goes into the market and sadly the team won't give ways to make it recover to prevent it from dying.

sj2199

hero member

Activity: 797

Merit: 500

BBOD fast, non-custodial & transparent Exchange

of course the cause of the dump is not because the bounty hunters sell their tokens, we all know the bounty allocation is only 1-3%, so with such an allocation it will not affect the dump of a coin and actually more bounty hunters hold their tokens rather than directly selling them to expect higher prices and profits.

arwani1985

hero member

Activity: 817

Merit: 506

at this time they were one of the people who were blamed when a price dump occurred after the bounty distribution. but the team should have anticipated when things like this would happen to be able to increase traders like contests

bitcoin31

hero member

Activity: 1834

Merit: 523

Most of the percentage are selling their tokens once the token listed to the market and that is really true. Im not saying all but yah they have bounty hunters are hding their tokens for longterm but only few so it means the number 1 cause of falling token price is the bounty hunters and we know all that because we know how bounty hunters do.

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Quote

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap.

If you would look closely, most bounty pool ranges from almost less than 1% to 5% of the total supply of the project which means it's just a little portion of the total supply. Unlike pre-sale investors where they get a huge amount of bonus or discount, which most whales or big investors buy. So, I think people should stop blaming bounty hunters for this and lock-up pre-sale investors or huge token holders token if they want to avoid token dump.

Ultimist

full member

Activity: 812

Merit: 102

It all depends on the bounty hunters themselves. Many of them are certainly not interested in the development of the project and sell tokens at the first opportunity. But there are those who do more in-depth research.

Adriano2010

hero member

Activity: 1414

Merit: 516

Maybe some of bounty hunters sell their coins, but also there are some who hold the coins for long, but i also think if the % of bounties is small this should not affect the price for long time even if they sell their coins.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: ssuchy on April 30, 2019, 12:05:54 PM

Quote from: laredo7mm on April 30, 2019, 10:58:04 AM

in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened

Recently, I have only observed such a tendency, when the bounty hunter pays their rewards a few weeks after the wall or something like these rules. Based on this, it is generally impossible to accuse the participants of the Bounty companies in the dump.

Yes, and I think all parties also understand that, but the problem is why this kind of topic is always discussed over and over again, even though it should not need to blame each other.

ssuchy

full member

Activity: 490

Merit: 100

Quote from: laredo7mm on April 30, 2019, 10:58:04 AM

in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened

Recently, I have only observed such a tendency, when the bounty hunter pays their rewards a few weeks after the wall or something like these rules. Based on this, it is generally impossible to accuse the participants of the Bounty companies in the dump.

laredo7mm

hero member

Activity: 1498

Merit: 537

in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened

rijaljun

sr. member

Activity: 1274

Merit: 267

Quote from: geegaw on April 30, 2019, 05:42:07 AM

Quote from: Pecunia non olet on April 30, 2019, 12:16:34 AM

Lets calculate bounty hunters will receive about 1-2% of all circulating tokens. How they can cause such damage to a project with only 1% of tokens? The problem is in passivity of post-ico projects.

Indeed, with a very small number of tokens when the project began to distribute to bounty hunters, it was not enough to create major damage to projects, agree that bounty hunters always sell token immediately when it is listed but when compared to the total quantity provided by the project, it is only a small number. Therefore, the reason for dumping token can only be caused by the project and the investors in that project, unprofessional planning and management, combined with greed of investor, that creates dump, don't constantly blame bounty hunters on this issue, take an objective view

a small amount of total circulating supply, but if the volume is quiet little than the damage caused will be bigger. Actually, it's not right to put only bounty hunters on a blame because project's team and investors are also involved in it. Why don't we blame other people for not buying this token on the market and make the price raised up? Grin

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: Pecunia non olet on April 30, 2019, 12:16:34 AM

Lets calculate bounty hunters will receive about 1-2% of all circulating tokens. How they can cause such damage to a project with only 1% of tokens? The problem is in passivity of post-ico projects.

Indeed, with a very small number of tokens when the project began to distribute to bounty hunters, it was not enough to create major damage to projects, agree that bounty hunters always sell token immediately when it is listed but when compared to the total quantity provided by the project, it is only a small number. Therefore, the reason for dumping token can only be caused by the project and the investors in that project, unprofessional planning and management, combined with greed of investor, that creates dump, don't constantly blame bounty hunters on this issue, take an objective view

anggle

jr. member

Activity: 377

Merit: 1

"AMANPURI●ultimate exchange"

Maybe they shouldn't blame the bounty hunter. We can see that the token allocation for bounty hunters is very small. And you can also check the allocation of the biggest tokens for what part. We cannot avoid price reductions and you must be patient because I am sure if the price will rise again.

badykvik

sr. member

Activity: 895

Merit: 250

Crypto is a free market and there is no law compelling anybody to hold or sell their token.
However the following set of holders should be blame, the exchange websites because they also dump to bring in some cash.
2, the project developer of course you already understand that.
3, those that purchase token during presale with high discount.
4, bounty hunter these people have the lowest blame because they all share between 1-5% of the token supply.

ropyu1978

hero member

Activity: 1904

Merit: 510

Quote from: richan on June 24, 2018, 05:11:46 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.

I think this depends on the case, there are indications that bounty hunters can destroy the price of tokens when they are just exchanged, but the most important role is the team and developers how they can get around and have a strategy so that tokens are not destroyed when they are exchanged.

xenomorphe1

full member

Activity: 798

Merit: 103

Token dumping can be caused by anybody. It means that there is not enough demand to sustain the sellers.
Dumpers could be the creators of the coin, the exchanges, the investors, bounty hunters or all of them. You can't blame bounty hunters as they are surely not the only sellers. And some don't sell their coins.
Bounty hunters also have a very limited number of tokens. An average of 4-5% of the tokens.
The project can only blame themselves about not having enough buyers.

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: richan on June 24, 2018, 05:11:46 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.

One thing to consider is volumes. Often they are very thin with newly listed coins coming out of an ICO. If a coin raises $10 million at $1 a coin, and then starts trading and drops to $0.1 per coin, then this isn't necessarily dumping - if volumes are only $10,000 per day, then what it means is most people are holding, and a tiny minority are dropping the price, and it also means that even though you can pick up the coins for cheap, you can't pick up many without exhausting the order book.

Topic: Bounty Hunters the cause of token dumping ? - page 5. (Read 19016 times)