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Topic: Do altcoin bounties crash the price? (Read 648 times)

sr. member
Activity: 658
Merit: 256
October 25, 2017, 12:39:31 PM
#43
I don’t think Bounty payment will crash the price of a project. Sometimes the price crashed even before bounty payment is paid to the participants.

I feel that it is some whales that are manipulating the price by pushing it low and buy cheap. Just my 2 Satoshi.
full member
Activity: 340
Merit: 100
October 25, 2017, 12:26:00 PM
#42
Not really, the idea that bounties are crashing the price is a convenient myth, bounty hunters become a sort of scapegoats for a phenomenon which has other causes.
full member
Activity: 180
Merit: 100
October 25, 2017, 12:16:28 PM
#41
I don't think it has that much of an influence,  bountie allocation is just a few percent of the total supply.
And if it does have an effect in some cases, if the project is good it will find it's way to the top regardless.
full member
Activity: 448
Merit: 100
October 25, 2017, 12:09:09 PM
#40
I think is not because the token allocation for a bounty campaign is only about 1% only, a very small value.
a large volume can pave on the price. so they will be better off, but the price will grow on them and not lose value Roll Eyes
legendary
Activity: 1652
Merit: 1000
October 25, 2017, 01:26:22 AM
#39
the bounties hunters always be sold their coin and they even do not to concern for the future of those coin as long as they can cashed the coin from bounties program then probably they will forgot it and move away to find another bounties so my answers is yes it also the cause why sometimes the price after listed to the exchange will dropped at below of ICO price but you can decrease that risk with only allocate small percentages for bounties program
full member
Activity: 434
Merit: 100
October 25, 2017, 12:42:21 AM
#38
Your suggestion is good BTC or Ether is the rewards given to bounty hunters. But because it's a fix that people might want to join the ICOs to invest or even help to expand their company further. Many as well as bounty hunters will not tolerate such a system so if it's possible that ICOs will no longer be interested in people.
full member
Activity: 644
Merit: 101
October 24, 2017, 08:35:47 PM
#37
I think the price of token  fall below the ICO price indeed because a big bonus, with a big bonus the investor will soon sell it when listed on exchange because they felt was getting enough profit. But this depends also on the fundamentals of the project, if from a fundamentally good point, it is likely that the price will rise above the ICO price. And for bounty campaign I think only about 1-3% not really effect the price of token.
full member
Activity: 686
Merit: 100
October 24, 2017, 08:32:17 PM
#36
Yes, but somehow you can't blame bounties for that. Anyways, look at the brighter side you can buy cheap coins/ token from dumpsters which are mostly coming from bounties .
full member
Activity: 658
Merit: 101
October 24, 2017, 08:18:40 PM
#35
only 1% for bounty. dont think its has a effect to the market value. people used to blame the bounty hunter cause their wreck the market value.  my points is its only 1% and not all bounty hunter dump their coin so i guess its below 1%. i agree there might affect the market but its not so extent.
full member
Activity: 238
Merit: 100
October 24, 2017, 07:49:48 PM
#34
Yes it does but depending on the coin, it will recover fairly quickly.  Usually most bounty hunters (not all) just cash out of their earning in the respective currency that they worked for and trade for bitcoins at the end of the campaign.  Usually the dump occurs when they dont input a sell order but usually go with the highest bid for that particular coin.
sr. member
Activity: 532
Merit: 253
October 24, 2017, 07:47:15 PM
#33
Maybe yes because some bounty hunters are eager to sell their bounty tokens after they receive it and this can lead to dump the value of that coin.
full member
Activity: 395
Merit: 100
October 24, 2017, 07:43:25 PM
#32
sometimes investors need quick money and quick profit in their mind,, or they have a new good ICO/project and want to make another investments
and investors will sell the coin or token that they buy on ICO's after listed on exchange,
bounty hunters can affected the price but not much
hero member
Activity: 1274
Merit: 516
October 24, 2017, 07:21:25 PM
#31
I think yes,  the price crash due to the alot of airdrops and bonus,  but airdrops is necessary to advertise the coin,  if the coin got a good project and clear vision,  it wont be a problem,  the price will eventually recover and become better,  so don't worry if you enter ICO and see the price fall down the moment entering the exchanger and the price is lower than it was expected from the coin developer
full member
Activity: 350
Merit: 102
October 24, 2017, 07:21:16 PM
#30
From my point of view the before and after is the creation of etherdelta as a decentralized exchange. before you waited for it to come out in an exchange with volume, and on the first day of leaving the token to trade in any decent exchange there was an injection of liquidity that triggered the price up. the difficulty of managing etherdelta added to the little volume and that the speculation is already underway for a definite time until a good exchange comes out, makes the euphoria of buying diminish and you lose those cravings to buy
hero member
Activity: 2366
Merit: 504
October 24, 2017, 07:00:17 PM
#29
No, because usually the allocation for the bounty hunter is only about 0.25% - 2.5% of the total sales of ICO which means very small. And I know a lot of projects that implement Bounty Campaign and become successful because the marketing they do more widely reach. Precisely Bounty Hunters benefit ICO organizers.
It's not small as you said, if that based on the total supply and i think you should consider it as a large amount for the bounty but if that bounty based from the total token should and the amount of bounty should be reduced every time.
sr. member
Activity: 675
Merit: 254
So far so good
October 24, 2017, 06:57:10 PM
#28
Yes, altcoins bounties do probably crash the ICO price for all the reasons you've listed.
That's why I rarely invest in ico's anymore. But I keep my bounties in the long term (often a year or more) and then it pays off quite well, most of the time.
newbie
Activity: 34
Merit: 0
October 24, 2017, 06:51:39 PM
#27
Just thinking out loud after reading all the information here.  If Airdrops and Bounties can kill the ICO so quickly, why not use different wallets for each activity.  What I mean for example is any investor uses/receives an ETH wallet.  All Airdrop and Bounty participants must use a Wave wallet.  Then just limit the number of tokens that can be dumped in a given timeframe from the Wave wallet.  There has to be a way to prevent the destruction of the ICO.  Like I said just thinking out loud.
sr. member
Activity: 532
Merit: 250
October 24, 2017, 06:47:15 PM
#26
It seems most ICOs fall below their ICO price shortly after they're listed on an exchange. This seems to be mostly due to pre-sale bonus investors and bounty hunters selling off their tokens rather than panicked ICO investors. I think it is far more ethical for new project teams to pay bounties in BTC/ETH rather than their token, and to not allow huge pre-sale bonuses, as both these things in my eye corrupt the value of a token. I've decided I'll no longer join any ICOs that utilize either of the above two practices.

If you've invested in a few ICOs, then I'm interested in hearing your thoughts.
it's true a lot of altcoin nasty price after entering the exchanger because it always experienced a dumper by the hunters of the prize so they decreased to much below the ico price. maybe i will also think the same thing with you.
sr. member
Activity: 798
Merit: 251
October 24, 2017, 06:38:13 PM
#25
Nope, bounty only has a small % of the total market cap and crash are basically caused by the bonuses the investors get which they usually sell to gain ROI.
full member
Activity: 140
Merit: 100
October 24, 2017, 06:31:59 PM
#24
No, because usually the allocation for the bounty hunter is only about 0.25% - 2.5% of the total sales of ICO which means very small. And I know a lot of projects that implement Bounty Campaign and become successful because the marketing they do more widely reach. Precisely Bounty Hunters benefit ICO organizers.
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