Devs please have some respect - page 3.

bitkanu

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Quote from: Teawhalee on June 03, 2020, 05:23:42 PM

Most times tokens holders are the ones that determine how far the token can go. It's so evident that trying to tweak it shows how weak the owners are.

It's not but the correct thing should be the demand that will be determined how long the coin can go consider if there was no demand and the token holders can do nothing with their tokens.
If there's demand and it will still alive.

Saisher

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Quote from: Ken_terrance on June 03, 2020, 01:32:27 AM

It seems developers don't know what they are doing, many of them that put blames on bounty hunters for price dump , they must be high on drugs or something, this is just simple arithmetic

Me and my friends had a bad experiences on these developers they are locking and delaying the distribution that is ok but putting the blame about dumping is just not right, this has been going on for a very long time, I assume that the developers are also dumping their share secretly and putting the blame on bounty hunters so people will not see the developers dumping it

maxreish

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Its ofcourse the investors who holds up and owns big amount of coin probably be the reason for the dump and pump.I'ts obvious. So, i dunno why devs keeps on blaming bounty hunters while in fact they just small percentage of supply. But not only the investors. Devs and the team itself owns a big amount, too. And that makes sense.

Ethrocketboy

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Quote

It seems developers don't know what they are doing, many of them that put blames on bounty hunters for price dump , they must be high on drugs or something, this is just simple arithmetic

A devs create a coin with 100 million supply

He decide to do IEO with 50 million coins of the supply

He decide to do IEO at the price of 0.1$

But to attract investors he introduce a discount of 0.05$

He was lucky to see many investors investing in the project even when he chooses not so good exchange

And price surge over 3.5$

Please tell me, how will investors hold the coins when they see gains that can take them years of holding to achieve???

Developers you are the main problem affecting your coins and tokens, bounty hunters only share up to 1% of your max supply, have some respect

I am so glad that there are more of you that can detect some of the scams associated with centralized tokens, tokens that are minted and given to the deployer, tokens that are ICOed and marketed in order to make the deployer rich quick. I noticed that was a plague on the Ethereum token landscape but I love the idea of ERC20 tokens. In 2018 I deployed the first pure mined ERC20 token, one that can be used as a competely neutral currency. By reading the smart contract, you can verify that it is incorruptable, and every single token requires and always required Proof of Work using the SHA3 algorithm with automatic difficulty adjustment. Since this ERC20 token works just like Bitcoin and was very inspired by Bitcoin, it is named 0xBTC or 0xBitcoin. https://etherscan.io/address/0xb6ed7644c69416d67b522e20bc294a9a9b405b31#code

coinsycrip09

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indeed, almost everyone blames bounty hunter for everything. but if we remember and compare the number of coins owned by bounty hunters with investors, it is impossible for bounty hunters to be able to weaken the price. but I also will not appoint or blame anyone for it.

i hope after this statement, no one else blames bounty hunters for everything.

TheClownSong

sr. member

Activity: 1428

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When prices drop after listing, bounty hunters are always blamed for dumping charges even though sometimes bounty hunters have not received the promised token payment. I think the developer team should focus on the project being done and not on the price of the token in the market because investors will wait for the promised product to be successfully made and can be used as company income.

dunfida

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Quote from: Ken_terrance on June 03, 2020, 01:32:27 AM

Please tell me, how will investors hold the coins when they see gains that can take them years of holding to achieve???

Developers you are the main problem affecting your coins and tokens, bounty hunters only share up to 1% of your max supply, have some respect

Devs are fully aware with that yet to know that they do hold up some specific amount of coins in the entire supply which means they can
still possibly sell off below the table and also those words that just blaming of bounty hunters are just part of their gimmick to know
that the main dumpers are its investors itself.If they dont like for their project to dump then they should go back and do learn on how
market works and of course rising and falling movements is normal.The important thing that they should be concerned about is on
how to maintain its demand because if they do fail then for sure they would really go to the floor.

retnoanjani

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Quote from: Ken_terrance on June 03, 2020, 01:32:27 AM

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Developers you are the main problem affecting your coins and tokens, bounty hunters only share up to 1% of your max supply, have some respect

Dev Team who blamed bounty hunters for falling prices was only a playing victim. They just don't want to be blamed for failing to make a good strategy. They only try to sell tokens or coins as much as possible to get the funds they want. Then throw away and just leave. So that the rotten plan was disguised, they made a scenario as if the bounty hunter made it worse. I am embarrassed by this. Can only surrender and accept this as a risk.

alisonwonder

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Quote from: qazgroup on June 03, 2020, 05:44:02 PM

No one can blame bounty huntere because bounty hunters work for the rewards and when they receive the rewards after the campaign end it is their property and it is their own sole decision to hold or sell and they have equal right just like investors so even if hunters dump the price they cannot be blamed because they have done everything in a rightful manner.

well of course the bounty campaign participants only carry out the task and want to get what was promised because they sold their energy to promote their program so the developers should have to give full support as well by making the price stable when the participants get the prize.

qazgroup

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RiveMont

No one can blame bounty huntere because bounty hunters work for the rewards and when they receive the rewards after the campaign end it is their property and it is their own sole decision to hold or sell and they have equal right just like investors so even if hunters dump the price they cannot be blamed because they have done everything in a rightful manner.

Valzador

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When listed on the exchange, the price of coins does not reach the price at the time of sale, and investors hold their tokens, but bounty hunters sell all their coins regardless of price.

GreatArkansas

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Wait, why dev need to blame here?
I think developers are on the technical part or the one who doing such coding or much technical part of every project.
As I am also a developer (not cryptocurrency), we are not doing on the financial part, like deciding that involves money.
Those decisions should come from CEO/s or owner/s of the project. Unless the CEO/s or owner/s are also developers on the project which can also understandable.

Teawhalee

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Most times tokens holders are the ones that determine how far the token can go. It's so evident that trying to tweak it shows how weak the owners are.

Onika84

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Quote from: Ken_terrance on June 03, 2020, 01:32:27 AM

Developers you are the main problem affecting your coins and tokens, bounty hunters only share up to 1% of your max supply, have some respect

I know the project you are referring to, this is very sad but that is the reality of the bounty participants' stories. This will always be repeated, only a few legit and solid projects will respect the bounty participants.

serjent05

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I highly agree with the argument of OP. It is the poor decision on the part of the developers that made their coins worthless or being dumped. Aside from that, who is in the right mind that don't sell if we see a profit? Of course, we all sell which in return causes the price to go down. Simple logic but because DEVS wants scapegoat, the blame the bounty hunters.

It is not the bounty hunters fault, if they just paid this hunters with BTC or ETH and not their token, the issue of bounty rewards being dump, if it is really the issue, won't happen.

Musekay

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Activity: 260

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Sad truth. It's high time they realise that investors dump tokens even more than bounty hunters. And also for a fact, the amount of token distributed to bounty hunters does not in any way have the power to affect the shift in token market value

South Park

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Quote from: Ken_terrance on June 03, 2020, 01:32:27 AM

It seems developers don't know what they are doing, many of them that put blames on bounty hunters for price dump , they must be high on drugs or something, this is just simple arithmetic

A devs create a coin with 100 million supply

He decide to do IEO with 50 million coins of the supply

He decide to do IEO at the price of 0.1$

But to attract investors he introduce a discount of 0.05$

He was lucky to see many investors investing in the project even when he chooses not so good exchange

And price surge over 3.5$

Please tell me, how will investors hold the coins when they see gains that can take them years of holding to achieve???

Developers you are the main problem affecting your coins and tokens, bounty hunters only share up to 1% of your max supply, have some respect

Unless they are awfully dumb the developers know very well what they are doing, it is obvious that they are to blame for the crash on the price of their coins when they offer such huge discounts, after all a whale that buys for half the price is basically doubling his money if he is able to sell at the initial ieo price, and who in his right mind is going to resist the chance of doubling their money almost immediately? So all the blame they put on bounty hunters is just to distract people from the real issue which is themselves.

Skinny48

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We could hardly see new projects that have a fresh use case, I'm not surprised that new developers are trying to make bounty hunters look like the bad seed, new developers don't have anything new to offer, they create projects that are already available, same idea with different names, of course this type of projects will fail easily, whenever you see a project that get dumped it's because it's use case is bad

Galley

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How can bounty hunters affect the value of tokens having their meager component on hand? It seems that someone is trying to shift their blame for the unsuccessful development of projects because of their incompetence on our shoulders. Not too reasonable policy.

Akiko

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I don't think they need to always blame hunters for this in the first place they know that hunters will sell their tokens once they get it.

And investors will sell also their tokens once they see that they are already in profit so they don't need to wait a little more longer while they can take the profit the time they see it. Its normal market reaction for traders every time they see opportunities to take profit.

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