Giving away too much quantities of tokens in bounties - page 6.

Twinkledoe

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Quote from: qomariah95 on June 04, 2020, 03:05:08 AM

We cannot blame every user who gets a lot of tokens. If the project really decides to have 4 or more campaigns, they do it. That means they have thought and considered, so there is nothing wrong if after the distribution of dump prices. Because it is the decision of the project directly for its allocation.

Yes it is the prerogative of the project so if the coin will not be successful in the market, it is not by any means the responsibility of the bounty hunters. Remember that bounty hunters are supposed to really sell off their share because that's where they earn money. So no one should really expect them to hodl long time.

OasisDre

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I believe there will come a time where new projects won't have choice but to start paying promoters in USD or other top altcoins, honestly if I can control all bounty hunters in this forum many new projects won't see bounty hunters joining their campaigns

qomariah95

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We cannot blame every user who gets a lot of tokens. If the project really decides to have 4 or more campaigns, they do it. That means they have thought and considered, so there is nothing wrong if after the distribution of dump prices. Because it is the decision of the project directly for its allocation.

stadus

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In the current market situation now, volume of tokens given for bounty does not matter anymore as when it's traded in exchange it will just dump.
This would help the bounty hunters as sometimes the original value of the token when traded in exchange will sometimes drop even 10 times, and imagine how would that hurt the bounty hunters after several months of promoting the project.

Ken_terrance

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Giving away too many quantities of coins means the project is not valuable, I've seen such happened to project like Moozicore, they did bounty three times with big allocation and in the end bounty hunters dumped and price became worthless

Iyeman

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

that will actually affected the value of token if the token didn't get a huge demand from the traders or buyers.
The key should be on how big liquidity that has already gotten by the tokens. The total allocation doesn't matter a lot when there was a huge volume in the market.

Ridwan Fauzi

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You will know the dev of the project's intention. When the project's team offer gives a lot of token to many people it means the project doesn't have any value. And you can differentiate as well that a good project with has a real case and can be functioned in the future will never give a thousand of the token to all people freely.

But they will sell it because they all already know there will be many investor who want it. I have several times to join give away which held by some project and also I got an avarage the token with the amount 2000 token but until now I'm still hold them and see their price, yeah the token has no value become shitcoin.

Greatchu

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Most bounties I promote this year so far only gives 0.10% of the max supply, it's hard to see projects that gives out 1% nowadays, look at Cartesi bounty, the bounty allocation is damn small but the value is times two of normal IEO price now

cryptogeek101

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

I think I quite agree with your opinion that so many crypto tokens allocated to bounty hunters for a particular bounty project might ruin the value of a token in the market because price is a function of demand and supply, however depending of the type of project huge supply is very necessary in some cases

Greatchu

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Quote from: Reatim on June 04, 2020, 02:25:59 AM

Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

How many of you are newbies in Bounty world here in crypto?because you seems to be posting a lot these days about the Bounty or Dev or even allocations of tokens a lot now.things that has been gone long time ago because crypto people already knew about their scam activities?

why instead of making this an issue is let your self learn about not joining any project of these scammers so you are not helping them fooling people?
and also instead of spending your time in Bounty why not start learning trading and joining signature campaigns that pays Bitcoin instead.

I don't see anything wrong with this original post, even if it doesn't mean anything to old members who already knew much about bounties and allocations what about newbies? It's normal to repost what's been talked about many times before just for the new members to learn one or two thing here

Divinespark

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

let's look at their total supply, if the bounty is more than 1%, then the project is likely to collapse when the bounty is distributed, and for bounties who have made 4 laps then I think they are more likely they will scam and fail

Reatim

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

How many of you are newbies in Bounty world here in crypto?because you seems to be posting a lot these days about the Bounty or Dev or even allocations of tokens a lot now.things that has been gone long time ago because crypto people already knew about their scam activities?

why instead of making this an issue is let your self learn about not joining any project of these scammers so you are not helping them fooling people?
and also instead of spending your time in Bounty why not start learning trading and joining signature campaigns that pays Bitcoin instead.

Vitalicus

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Quote from: Saisher on June 04, 2020, 02:09:25 AM

Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

The ideal percentage of allocation is 1 to 5%, you did not mentioned the percentage but if the supply is on billions and they are giving over 5% that's really a big quantity of tokens, if they are confident that their token has a future and they believe that this is the right supply for their project, we don't need to question it, 1 to 5% is not enough to ruin the value of token but whales who bought 20% of the token and dump it.

True, as a bounty hunter, I usually consider really careful if I see the bounty projects are providing a very high allocation rate. You're right about the ideal percentage of allocation usually from 1 to 5%. High allocation rate for bounty hunters really brings disadvantage for the projects if they are doing more than 2 rounds of campaign (probably more than 2 rounds).

DDante

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Project team should know what will happen once they released huge amount of tokens to bounty hunters, there is 99% chance that bounty hunters won't hold but sell off, but that's not the whole truth about price dump, what about investors ? Who buy at cheap price and sell once they see triple gains

Lachrymose

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

I don't invest in any cryptocurrencies that allocate high budgets for the bounty campaign because when bounty tokens circulate they increase the supply and cause the price to fall. In other words, you should not invest in any cryptocurrency that has a high emission rate. As an investor who likes and follows Grin, I did not invest although I created a thread about it in the local forum because it has a very high emission rate (1 Grin per second). If you check the price chart, you will see that the price of Grin has fallen from $10 to $0,5. Also, cryptocurrencies sold recently via initial exchange offer has a very high emission rate, too. Therefore, I have not invested in almost any cryptocurrency except for Bitcoin and Ethereum for a very long time.

Saisher

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Quote from: Mighty_crypt on June 04, 2020, 02:01:04 AM

I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

The ideal percentage of allocation is 1 to 5%, you did not mentioned the percentage but if the supply is on billions and they are giving over 5% that's really a big quantity of tokens, if they are confident that their token has a future and they believe that this is the right supply for their project, we don't need to question it, 1 to 5% is not enough to ruin the value of token but whales who bought 20% of the token and dump it.

VDraci

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Maybe the bounties have a massive max supply? A bounty project with 20 billion max supply can easily pay bounty hunters in 1 to 4 billion tokens for promoting their project, I think this is normal, it's certain that such coins will be at the range of 0.003 to 0.0005$, just a guess.

Mighty_crypt

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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???

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