Confused, Your thoughts is needed - page 6.

Twinkledoe

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Quote from: X-ray on December 05, 2019, 06:28:55 PM

It's either the demand for that coin exist and could withstand the dumping or the developers themselves are already preparing some capital to withstand the dummping and I think that's what a project should do if they want to keep their price high. But, there are also some project that after the distribution of token instead their price are going up because the overwhelming demand they got. It's all depend on the project itself.

Because most of them are really crap projects. They blamed their hunters for dumping but as the OP had said, the allocation to bounty hunters is very small amount. So why would it significantly affect in the market? If the project is solid, they can rise from this small dumping of coins. But if not, expect that project will die anytime soon because it is created for the sole purpose of the dev team's pocket. A project with strong foundation will not continue to decline if they have something to offer to the community, but if it is empty, expect nothing will come out.

xiboothrezi

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Quote from: tsaroz on December 05, 2019, 10:25:53 AM

Bounty dumping is the excuse every poorly planned and childish ICO projects put on to save their faces. The real dumping comes from the bonus investors and in cases of a scam project, the team itself. If the project is so concerned about the dumping, they could provide the bounty in other cryptos like bitcoin and Ethereum.
People still have the hang of ICO boom of 2017 and they thing their 10 minutes set up website is going to make them millionaires.

Yes and that is always the reason for the team of developers who are not responsible for delaying distribution, draining allocations, and doing other dramas so that their good name is maintained. Though that is proof of their unprofessionalism, although we can tolerate it if they are not merely blaming bounty hunters as dumper, indeed understand that the market is not conducive.
The proof, as OP explained, there are still many projects that can still maintain price stability despite paying bounty hunters, it proves that a project that is really strong with a good strategy and good calculation will provide many benefits to all supporters.

[email protected]

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There are many factors that can affect the price of a coin. But if the price is kept at a good level, it is very remarkable and interest in such a coin will always be.

Hypnosis00

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Quote from: duuuuude on December 05, 2019, 02:19:45 PM

As a rule after the end of the campaign, the bountists sell their tokens and the project can artificially keep the price by buying coins from themselves or make distributing coins monthly but this is not always good for hunters.

It perfectly won't give a positive result cause most bounty hunters would like to sell their token quickly and it bends the price to drop. Though we think that it was just a small amount from the total supply but somehow it affects the price and it won't look good cause in most cases, no investors would like to buy tokens/coins that they never see potentiality to grow.

cytpoway121

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Quote from: Winscosinally on December 05, 2019, 09:42:38 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 ..

Truth is projects are more solid than others
Some projects are mere rubber stamp project that would dump if 0.001% of their supply is sold
If you remember harmony ? It equally did well after bounty hunters were paid

X-ray

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It's either the demand for that coin exist and could withstand the dumping or the developers themselves are already preparing some capital to withstand the dummping and I think that's what a project should do if they want to keep their price high. But, there are also some project that after the distribution of token instead their price are going up because the overwhelming demand they got. It's all depend on the project itself.

metalglowd

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Quote from: Winscosinally on December 05, 2019, 09:42:38 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 ..

This is proof that the team and the developers have a way to overcome the possibility of a dump, in this case the marketing team usually gives a trading promo with a certain prize or only by storing a certain token balance in the wallet. If you read the whitepaper and their future use case of the project, you might be found the reason why some tokens can be really strong (at the moment)

joinfree

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Well, it depends on quite a number of factors you know.
1. For instance you need to consider the total supply of the coin that we are having such an allocation. Because if this is quite small then definitely it would cause such a huge dump but if the token is huge then it's nothing serious.
2. The use case of the project together with a working product are the backbone of every good token. If these are set right, then it does not matter how people dump, the price would shoot up for sure.

duuuuude

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As a rule after the end of the campaign, the bountists sell their tokens and the project can artificially keep the price by buying coins from themselves or make distributing coins monthly but this is not always good for hunters.

Wysi

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Bounty dump doesn't affect the value of the coin if it's less but imagine a project offers 5% of token for bounty but if hunters dumps all together the value will be reduced little bit which sends a shock wave to other investors and they join the dumping ground which pulls the value down that's why there are some bounties who buys back the tokens to avoid bloodbath.

Kupid002

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Quote from: OasisDre on December 05, 2019, 12:03:09 PM

Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume

real use cases ? More of the token created now is no real use and you can only use that token for tradings .
Demand will be needed to maintain that price and if the project do not make any solution for bounty hunting selling then we can see that the price wil crash.

pixie85

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Quote from: Winscosinally on December 05, 2019, 09:42:38 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 ..

A dump is when holders sell at the same time and there's not enough buyers to keep the price high.

Sometimes you hear about bounty being "dumped" but it is not. What you think means it dumped is hunters selling their bounties but you have to remember that to have an impact they have to sell fast. If they hesitate and keep selling throughout the first month of trading there may not be enough downward pressure to make it look like a dump on charts. 10% dump in 1 day is big 10% in a week not so much.

Marble777

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Quote from: safari88 on December 05, 2019, 11:46:15 AM

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there

yes, I agree as explained by this man. I have seen the tokoin project, which is true that their tokens can be traded on the Kucoin exchange and on the other hand, if I'm not mistaken, that the team distributed tokens to prize hunters through 4 stages or not all at once, maybe this is one of the factors why the price tokens do not go down drastically even though many prize hunters sell their tokens there.

pawanjain

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The price going downwards does not depend on a single factor but multiple factors. Bounty hunters dumping their rewards, the demand and the supply, the potential of the project, the current market trend etc.. are some factors which derive the price of a coin.
If a coin has no potential then it will create a very low or no demand and then if the bounty hunters dump their coins then it will obviously drag the price downwards whereas if the demand is good then the price would significantly increase over time.

DDante

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I have no one to blame for this except the projects we promote ourselves, there is no way to know how serious a project teams can be until they proven their worth, if a project is very good there will surely be high demand for it which will keeps its value alive no matter how many dumpers there is.

Mia44

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The problem is not entirely by the bounty hunter, the problem is with the projects. A weak project no one wants to buy, of course that will pull the price of the token down.

OasisDre

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Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume

Genemind

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Even the smallest percentage can affect the whole situation of a certain project especially when most county hunters will dump all their coins. That could decrease the value of coins and even the developers couldn't control that. However, we can't control bounty hunters who are selling their coins right away. Most of us won't an assurance of gaining something before a coin drops down to the lowest price.

safari88

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i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there

Ucy

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Quote from: Winscosinally on December 05, 2019, 09:42:38 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 ..

Quote

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?

Most holders, (both the hunters and investors) are probably dumping the coin?

Quote

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

Interesting. The developers probably bought back from bounty hunters at the price (0.08). I think they did this to maintain the price, for the benefits of hunters, and to keep the price fairly stable. Another possible reason is that the coin could be in high demand .

Topic: Confused, Your thoughts is needed - page 6. (Read 932 times)