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Topic: Confused, Your thoughts is needed (Read 970 times)

hero member
Activity: 2296
Merit: 506
Cryptocasino.com
December 19, 2019, 08:17:24 PM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

To chip in my own two cents, tokoin withstood the 100k dump from vip bounty hunters because the team placed buy others to cushion the effect, same thing with what temtum did and other reasonable projects does. In cases where the volume is less than a million in trade volume, support is usually needed to prevent sharp dump
But that's a really small amounts of bounty. when you are seeing another coin and they are all offering the bounty more than 100k and that 10x more than what already offered by tokoin. The support from the team is needed but the buyers from the market is really needed.
sr. member
Activity: 994
Merit: 257
December 19, 2019, 03:33:25 PM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

   Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
   Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.
Not only those stories are ridiculous it is also a way to try to scam bounty hunters out of their legitimate profits, by saying that if the coin crashes is because of bounty hunters, the developers of the coin are trying to make bounty holders to hold their coins for a longer period of time, and that it will not be such a bad idea if early adopters and the developers did not sold their coins immediately crashing the price while the bounty hunters stay out of it and see the value of their coins go down each day.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
December 17, 2019, 01:22:12 AM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

I am reading all these answers and how the hell they think that let's say 5% of total amount wouldn't dump the price to the ground. I mean we are talking about the early days of any token and is haven't found its price or gained any kind of trust. If it dumps, it will affect the market price because people who buy the bottom can dump again on 100% rise and probably will.
sr. member
Activity: 798
Merit: 250
Vave.com - Crypto Casino
December 17, 2019, 01:13:27 AM
The bounties are becoming increasingly confused and above all less and less profitable.
If some valid and convincing project does not appear, I will not waste any more time.
If we see lately there are many projects that end in failure, but not all projects will fail, there are still good projects and will continue to develop the projects they have, even though it can be said that lately it is very difficult to attract investors to invest in new project, but I think if the project is a good project they will be able to raise funds to develop the project they have.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
December 16, 2019, 04:25:13 PM
The answer is quite simple.. the tokoin team.offered what they could comfortably buy back, and their IEO was held in a big exchange so they had the liquidity to withstand a large sell order, but I think the main thing there was the team, they were buying back the tokens although they didn't announce it but you could see that they were doing everything possible to ensure that the tokoin tooenaintaims it's value, that's the kind of team.we always pray for when promoting a project.
full member
Activity: 573
Merit: 102
December 16, 2019, 02:34:08 PM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

To chip in my own two cents, tokoin withstood the 100k dump from vip bounty hunters because the team placed buy others to cushion the effect, same thing with what temtum did and other reasonable projects does. In cases where the volume is less than a million in trade volume, support is usually needed to prevent sharp dump
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 15, 2019, 02:46:06 PM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

   Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
   Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.
hero member
Activity: 1680
Merit: 506
Trphy.io
December 15, 2019, 02:34:45 PM
The price of tokens goes down because the project developers discard the tokens when distribution to bounty participants is done as if the dump occurred due to bounty participants. various tricks are carried out behind the scenes project developers to benefit. I see evidence when the price of mzg fell 90% from the price of IEO even though the bounty team allocated less than 2% for participants.
hero member
Activity: 1414
Merit: 516
December 15, 2019, 02:18:57 PM
Well the dump occurs because also investors who invest on ICO sell the tokens that buy and also others bounties give more than 10% of the total supply and this all togheter make the price dump, and a second factor is the trade volume.
sr. member
Activity: 994
Merit: 257
December 15, 2019, 01:50:42 PM
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
The most obvious answer to this is the volume of a coin, when a coin has no volume then any amount of additional coins that comes to the market will crash the price because the market is incapable of absorbing such supply, but when the volume is very high and people are buying and selling that coin regularly then even if the bounty hunters begin to sell their coins then there is no problem because there is always someone willing to buy that coin for a fair price.
full member
Activity: 1638
Merit: 122
December 15, 2019, 01:46:20 PM
i guess this will depend on thier suppply and the allocation budget for the bounty hunters  . if they only offered 1 percent to the hunters and all hunter let say will dump thier coins of course that wont make any noticeable movements but if let say they allocate more percent on the bounty then that is a different story anymore  . dumping is always there and part of the process , they know that it can occur but a good project can still recover after it get dumped 
hero member
Activity: 2184
Merit: 531
December 15, 2019, 01:29:07 PM
The allocation for airdrop and bounty hunters is not large so it is quite unreasonable that the price of the project drops when all is distributed, because some projects are really serious they always make a reserve of funds to accommodate the disposal of their tokens from the hunters. Most likely the decline occurred because many investors actually buy it when pre-sale, because when pre-sale prices will be cheaper and many get bonuses.

Yet it sometimes adds up to the whole. If you look at the average ICO that went through the airdrop and bounty distribution it always gets that initial dump right after the trading is opened. You could see that in all the coins that were distributed among current Bitcoin holders like BCH, or Stellar, you could also see it on the BSV chart.
The same happens with coins that have big premine and big bounty distribution. It doesn't mean they can't recover later but at first that 10% is enough to crash the price.
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:57:44 PM
Sapien network? Sounds very familiar, but to be honest, cannot remember for sure. Can you please clarify what the team is bringing? And I will check out more on my own afterwards

Basically, Sapien is a Web3 social network that gives users control of their data, rewards content creators, and fights fake news. And it allows you to subscribe to branches to stay up to date with the latest posts from your friends and the world, join text and voice channels and much much more with the features all socials are coming with
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:51:26 PM
Nooope, of course not many - I only have 1 solution I am very impressed with these days. Sapien Network - heard of it already, by the way? Cause platform is pretty in demand and widely discussed these days, coming with fully working product

Sapien network? Sounds very familiar, but to be honest, cannot remember for sure. Can you please clarify what the team is bringing? And I will check out more on my own afterwards
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:50:22 PM
Yeah, works pretty similarly for me, but you know, it seems that there are not many projects that meet these requirements - you wanna say you have many?

Nooope, of course not many - I only have 1 solution I am very impressed with these days. Sapien Network - heard of it already, by the way? Cause platform is pretty in demand and widely discussed these days, coming with fully working product
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:49:09 PM
There are not many - all starts with idea, then I get to the team and its experience, innovation side, tech side and practical value together with benefits for end users. What about you? I believe that my approach is rather ultimate

Yeah, works pretty similarly for me, but you know, it seems that there are not many projects that meet these requirements - you wanna say you have many?
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:48:22 PM
Always works that way, fully agree with you here. And talking about you, would you sat that there are many advanced solutions you are aware of? What are the aspects you are paying attention to at first, while considering the platforms?

There are not many - all starts with idea, then I get to the team and its experience, innovation side, tech side and practical value together with benefits for end users. What about you? I believe that my approach is rather ultimate
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:47:18 PM
I would say that much always depends on the solutions you consider for investing. And even if you don't want to invest somewhere, it is very important to be careful with just choosing solutions that you can call your favorite ones.

Always works that way, fully agree with you here. And talking about you, would you sat that there are many advanced solutions you are aware of? What are the aspects you are paying attention to at first, while considering the platforms?
newbie
Activity: 70
Merit: 0
December 15, 2019, 12:45:24 PM
I would say that much always depends on the solutions you consider for investing. And even if you don't want to invest somewhere, it is very important to be careful with just choosing solutions that you can call your favorite ones.
sr. member
Activity: 1078
Merit: 256
December 15, 2019, 12:29:56 PM
Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.
I agree with you, The initial projects listed on exchanges are very low volume and there is no buy wall. So when the bounty receives the token, dumping occurs and the project collapses. Ideally, the project should lock tokens and make payments every month, it will limit the dumping from the bounty
But if the team plan ahead of time and expect this such actions they can easily buy those coins and hold it then continue the progress. Such small amount of percentage won't be able to affect the entire progress if the team are well prepared. It should be anticipated as most of the bounty hunters are always after with rewards value and none the less.
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