Topic: Is bounty hunters one of the cause of price dip of ICO? - page 3. (Read 645 times)
It may just be. But if we see in theory that the allocation for the bounty only minor even of only 5%, of these only give a small influence when it entered the market. so I think even though the distribution of bounty to be done but the effect will not be great. but it can also make sense because of the number of coins that enter the market slightly increased so it affects the price. but it should not influence.
Even bounty hunters sell their earning on ICO it can't put the price down since the allocation for bounty is 1% of the total supply. And I think some of bounty hunters sell only half of their earning token and buy back when the price is lower. I think the big impact of the price dip are the pre-sale investors who got big discount that who sell after the token listed on exchanges. They are the one flip their token when they have good earnings from the pre-sale.
I would say yes, bounty hunter are the main reasons. Most bounty hunters will get their rewards and just dump as if they didn't work for it. And this the reason why ico price go dip when the token is distributed to bounty hunters first
Most likely the investors are the cost of the dip of some promising ICO, but we can't erase the fact that bounty hunters are also involved on dumping their tokens which could cause the price of token look miserable. But the majority of the dip is because of the investors slash dumpers.
I think yes, but bounty hunters is needed for the Ico project to finish various important task ,and to advertise the coin, when the ico hit exchanges many bounty hunters will sell the coin, but if your coin got a good potential then there will be alot of new investors and the bounty hunters won't sell all the coin
A lot of factors causes token price dip,
most project out there these days lacks a good use case, and a project no matter how hyped it is will dump when listed on exchange because it's aim is for profit making.
The devs also play a part here too, i've seen a project which it's token was dumped by the devs on a decentralized exchange when its ico was still on, a lot of dev create projects with profit making oriented mind.
The presale bonuses to big investors also causes dump, because investor invest to make profit.
So token been distributed to hunters has little effect on the token price since just less than 5% of the token supply is usually been distributed
most project out there these days lacks a good use case, and a project no matter how hyped it is will dump when listed on exchange because it's aim is for profit making.
The devs also play a part here too, i've seen a project which it's token was dumped by the devs on a decentralized exchange when its ico was still on, a lot of dev create projects with profit making oriented mind.
The presale bonuses to big investors also causes dump, because investor invest to make profit.
So token been distributed to hunters has little effect on the token price since just less than 5% of the token supply is usually been distributed
I also think like that. Because the bounty hunter sells their tokens at a low price, and that makes the token price fall from the ICO price. Because they sell cheaply too they feel no loss.
I think for some reason bounty hunters dumping their token will somehow affect or will have a little effect at the trading price of certain tokens but i believe also another culprit is the bonuses given by the icos. I think if both the bonuses and bounty tokens sold at very low price then it's likely one of the reason that the price will be lower. That's why some of the icos delay the payment or they send the payment of the bounties batch after batch to prevent dump. As you know some of the hunters don't care about the project as long as they sold the tokens then they are out.
I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
It only affect the market because there is a lot of bounty hunters. but it doesnt high affect it, bounty hunters has the most lowest number of coins that is holding. it only holds 1-3% of the coin supply. so I dont think that it will cause something like what the investors think about us. I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
Partially I believe it affects but a little bit since the allocation in every bounty is very small percentage. I believe the ones that influence the price most are those private investors who got a lot of discounts and once the tokens hit the market when the price is good they take profits. I'm a bounty hunter but a very patient one, I dont sell below ICO price and I believe in longterm hodling.
I think if I do not think so because the gift is not a problem at all. Most projects allocate a very small percentage as a gift. therefore small fractions that can not affect the influence of price movements. the project team can save a lot of money on their marketing campaigns by allocating small amounts as a gift. besides that the token price falls, more reasons can be because people lose confidence in the tokens.
Some investors consider bounty hunters to be ICO's most important killer, but the share of bounty hunters is only 1-2 percent of the total.
And not all bounty hunters throw them back when they trade on the token.
So I don't think the bounty hunter is the main reason for the decline of ICO.
And not all bounty hunters throw them back when they trade on the token.
So I don't think the bounty hunter is the main reason for the decline of ICO.
I don't think it's all the bounty hunters fault. Some are ICO participants too, the bonuses they get will be dump to some exchanges to get some profit. All they go all in to dumping getting a little profit in it.
Yes. The price is falling because of them. all tokens are released at the same time. bounty awards need to be released late.
bounty hunters get only a small percentage of the total sales compared to investor. the one affecting the price the most is the project. coins without demand will get its price lower and lower. if you say it has potential then sooner its price will recover.
do you actually believe in that?
you mean the price dump in bitcoin is also cause by bounty hunters which most of the time their payment is delayed and some are reduced and some icos dont even pay the 1%-2% they promised.
you mean the price dump in bitcoin is also cause by bounty hunters which most of the time their payment is delayed and some are reduced and some icos dont even pay the 1%-2% they promised.
I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
yes, bounty hunters give the effect of fall the price. but they just a few, not all bounty hunters sell their token instantly after they receive. There are some people don't care what ico goals. Sometimes they don't even care whether the coin has potential or not, they just dump it.
Actually what bounty Hunter's get is just 1% or 2% of the token issued from ICO, so even all bounty Hunter's sell their token it is just a small percentage from the ico .
I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
yes, bounty hunters give the effect of fall the price. but they just a few, not all bounty hunters sell their token instantly after they receive. There are some people don't care what ico goals. Sometimes they don't even care whether the coin has potential or not, they just dump it.
Some say that, With the large number of participants selling tokens from ICO the price directly down because the bounty participants sell simultaneously or with large quantities. I think the allocation of bounty is only 1-2% and with such an allocation it is unlikely that ICO prices fall because bounty participants are selling their tokens.
I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
I think that is not always true, because if compared with total coin sold during ICO, the coin that is reserved for bounty campain is only a little, about under 5%. So it does not significantly decrease the coin price caused by the bounty hunter. Jump to: