Bounty Hunters the cause of token dumping ? - page 6.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

Quote from: Questat on April 30, 2019, 01:40:16 AM

Quote from: Seeker#9 on April 29, 2019, 07:30:48 PM

Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.

Investors would definitely not sell their tokens if it's below ICO price, but bounty hunters can because they don't invest anything to own a token.
They are somewhat the reason but the blame should not be on them, it should be on the team as they are the one managing the project, if they list it on liquid exchange, it would not dump.

There are 2 kind of investors, who hold until higher than ICO price and there are some people who get cheaper price when join presale of an ICO. I think that second type usually short term investor that will sell their assets immediately and change to other project.

Questat

hero member

Activity: 2856

Merit: 604

Quote from: Seeker#9 on April 29, 2019, 07:30:48 PM

Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.

Investors would definitely not sell their tokens if it's below ICO price, but bounty hunters can because they don't invest anything to own a token.
They are somewhat the reason but the blame should not be on them, it should be on the team as they are the one managing the project, if they list it on liquid exchange, it would not dump.

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: Seeker#9 on April 29, 2019, 07:30:48 PM

Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.

Yes, you are right i don't know they keep on saying about the bounty hunters because they are allocating 1 or 2% of total supply but if you compare with the investor's bounty people are holding the coins compared to investors. Even i am holding the coins for more than 1 year some time until the real developments will start.

CandyIzDelicious

full member

Activity: 512

Merit: 100

I think bounty hunters cannot be blamed in this case, because they work to get paid, if they already get tokens then they will sell it, and I think the tokens that are distributed to bounty hunters are only 2-5%, so even though they sell it all it doesn't will shake the market.

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

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.

LogitechMouse

legendary

Activity: 2422

Merit: 1036

Chancellor on brink of second bailout for banks

You have a contrasting post OP so I will just answer them both.

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

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

I have been a bounty hunter for a year and in my experience, bounty hunters are ONE of the dumpers aside from the investors who want to gain their profit. Bounty hunters want to get their profit too so they will sell their coins immediately causing the price of the token to plummet.

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

I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

How can you be so sure that the lots of bounty hunters hold their coins?? You are one of the stupid bounty hunters too who holds their coins that they get from bounty campaigns. You know how a token's price works as they list it on an exchange so don't be stupid to hold their coins and hoping that it will rise. Would you say a bounty campaign whose price didn't plummet after listing it on an exchange??

Seeker#9

full member

Activity: 658

Merit: 102

Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.

Jonking

member

Activity: 700

Merit: 12

i dont think also that bounty hunters are the cause of token dumping.. i believe its the investor as they want to get their money back to invest in another project

cfif123

sr. member

Activity: 532

Merit: 250

Quote from: Red_Evil on July 11, 2018, 04:49:17 AM

Quote from: ApocalypseNow on July 11, 2018, 03:05:30 AM

That is why I support the idea of others to pay bounty hunters of eth instead of the token of the ICO that they are working for. These instances can't be avoided because they only receive low rewards so even there is a rise, there is really not so much of a difference especially the hunters that is in the airdrops and social media campaigns.

I think the reward bounty is not too big, the average reward bounty is only 1-2% of the total supply, I think this is not a value that is too big of all total token supply it. but there are also some bounty projects that choose to pay by ETH according to the value of the tokens they get to bounty hunter

It is true that therefore with the bounty we can all get a free shop even though the numbers are small but very profitable

Gabb

full member

Activity: 392

Merit: 105

I do not find any justification for the continuous criticisms that have been made against the supposed responsibility of the bounty hunters in the frequent fall of the prices of the tokens as soon as they are listed in the exchanges.

If we take into consideration that the percentage of tokens usually reserved for bounties does not go beyond 1% or 2%, that number of tokens seems too small to expect it to move to the market in a significant way even in the case that all the bounty hunters agreed to sell all their tokens simultaneously.

Therefore, I believe that developers should put more effort into their projects so that investors consider that it is really worth holding them in the long term, and do not use them only as instruments of short-term speculation.

Aptekary

member

Activity: 602

Merit: 10

Quote from: TraiKH on July 22, 2018, 12:47:40 PM

I think only part of the reason. but if a good idea of projects. I do not see any problems. There are projects, bounties receive tokens after 2 weeks - 2 months. But the token is still down. What does that prove? It is not misleading or biased but it is a fact from investor psychology this year.

in any case, the accusations of Bounty Hunters are unfounded. The fact is that the company's total pool of Bounty accounts for an average of 2% of the total number of tokens and such a small number of coins can not influence the market.

TraiKH

newbie

Activity: 207

Merit: 0

I think only part of the reason. but if a good idea of projects. I do not see any problems. There are projects, bounties receive tokens after 2 weeks - 2 months. But the token is still down. What does that prove? It is not misleading or biased but it is a fact from investor psychology this year.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: sabarr on July 10, 2018, 07:14:45 PM

yes, maybe the cause of the token price goes down is because a lot of bounty hunters are selling their tokens after distribution and many are making bounty their main job so they immediately sell tokens to get the money, but with a lot of selling resulting in prices getting down

I do not see the problem if the token you are buying is good you can take advantage of it and buy more of it when the price crashes and if you are sure the price is going to go down then you can take advantage of this and instead of buying at the ico you can buy after the coin hits the exchanges, if you do that you can get even better profits than most investors.

Rustamm

member

Activity: 532

Merit: 18

Bitcoin lover!

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.

Bounty hunters can not be to blame for the fact that after listing for the first time on the exchange of new tokens, these tokens are rapidly falling in price. I think that investors are more to blame for this. They buy tokens with significant bonuses and it is quite profitable for them to immediately sell them at the price of ICO. At the same time, head hunters own only a few percent of released tokens and when they receive them in their wallets, then often the price of these tokens has decently dropped.

ckorbba

full member

Activity: 672

Merit: 144

Quote from: goovsy on July 12, 2018, 04:25:11 PM

Quote from: jeffthebaker on July 08, 2018, 06:12:34 PM

Quote from: goovsy on July 08, 2018, 05:08:39 PM

Quote from: jeffthebaker on July 08, 2018, 03:48:06 PM

The studies done by JP Morgan suggest that every dollar bought or sold has a market effect of 32x (iirc) value. So if a bounty made up 5% of the total supply, and half of bounty hunters sold on reception, that would (other variables ignored) drive the price down over 60% If projects are not careful, bounties can crash and it that does happen.

Even bounty hunters will HODL coins and tokens if the project has good future and speculative perspectives!

At least for me personally, that isn't the case.

I look for signature campaigns (don't spend much time on airdrops or Twitter campaigns) with a high payout and relatively low exposure for a project that seems to be poised to raise a decent amount. I never hodl the coins I bounty hunt. The exception would be bounty hunting in place of financially contributing to an ICO I otherwise would, but that's very rare, especially with the move towards private crowdfunding this year. Ofc, I'm just one individual, but I imagine many others (especially those who do it full time) or counting dollars, not coins, and locking in dollar paychecks asap.

Well, may be may be. But projects also spend a lot of tokens for non bounty campaign marketing. And people who earn it (I mean channel owners, popular blogers etc) may locking in dollar paychecks asap. Also BMs get huge amounts of tokens and fix it in liquid crypto asap too. Not only poor bountists reason why tokens dump. Dev dont respect their own projects and spend tokens like a kings on coronation ceremony =)

Why does everyone try to blame bounty hunters for falling tokens prices? In my opinion, if the total pool for a bounty company is only 2 or 3%, then eventually the appearance of such a volume of coins on the stock exchange will not provoke a price drop.

goovsy

full member

Activity: 420

Merit: 100

Quote from: jeffthebaker on July 08, 2018, 06:12:34 PM

Quote from: goovsy on July 08, 2018, 05:08:39 PM

Quote from: jeffthebaker on July 08, 2018, 03:48:06 PM

The studies done by JP Morgan suggest that every dollar bought or sold has a market effect of 32x (iirc) value. So if a bounty made up 5% of the total supply, and half of bounty hunters sold on reception, that would (other variables ignored) drive the price down over 60% If projects are not careful, bounties can crash and it that does happen.

Even bounty hunters will HODL coins and tokens if the project has good future and speculative perspectives!

At least for me personally, that isn't the case.

I look for signature campaigns (don't spend much time on airdrops or Twitter campaigns) with a high payout and relatively low exposure for a project that seems to be poised to raise a decent amount. I never hodl the coins I bounty hunt. The exception would be bounty hunting in place of financially contributing to an ICO I otherwise would, but that's very rare, especially with the move towards private crowdfunding this year. Ofc, I'm just one individual, but I imagine many others (especially those who do it full time) or counting dollars, not coins, and locking in dollar paychecks asap.

Well, may be may be. But projects also spend a lot of tokens for non bounty campaign marketing. And people who earn it (I mean channel owners, popular blogers etc) may locking in dollar paychecks asap. Also BMs get huge amounts of tokens and fix it in liquid crypto asap too. Not only poor bountists reason why tokens dump. Dev dont respect their own projects and spend tokens like a kings on coronation ceremony =)

happy weblancer

full member

Activity: 518

Merit: 114

Investors get tokens first, for them the right of first receipt, they therefore buy tokens in order to have income from them. Some of them want their income right after the ICO, others hold, believing in the development of the project. But in any case, the weather on the exchange is done exactly not bounty hunters, who don't have more than 2% of all tokens in their hands.

kicauklaten

sr. member

Activity: 840

Merit: 251

I also sometimes feel confused with the circumstances that exist. bounty hunter, not everything sold and even they can already know that if they hold it will get more profit. Moreover, an allocation for small enough bounty of value entirely. so if it's too blame bounty hunter I think is not the right thing.

Black Angel

sr. member

Activity: 574

Merit: 253

I'm sure the cause of dumping price is not from bounty hunter, this is because bounty allocation is usually 1% and it can not affect the price in the market, mostly dump price because the project is not in accordance with the roadmap so that investors can not wait.

belalangsembah

member

Activity: 280

Merit: 10

For me the prize hunters are not the ones who drop the price because if you look more closely the allocated tokens are just no more than 3 percent of the whole project and that does not really affect the price. And the prize hunters can not really be the reason for the big price drop

Topic: Bounty Hunters the cause of token dumping ? - page 6. (Read 18964 times)