Is bounty hunters one of the cause of price dip of ICO? - page 5.

fraufreiheit

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The Premier Digital Asset Management Ecosystem

Quote from: kirstiemorton23 on May 10, 2018, 11:11:40 PM

some investors say "that bounty hunter is the heaviest killer of ICO"

Smart investors would never say so, they appreciate bounty hunters even if they dump a price for two main reasons:
1) Opportunity to buy tokens at a very cheap price without KYC or anything like that
2) Creating a high volume which can help to get listed on top exchanges, CMC, etc.

Umkar

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Activity: 364

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Bounty hunters have only a minor effect on lowering the price of new tokens that first enter the exchange after the ICO. All members of the generosity of ICO are allocated from one to several percent of the released tokens and this is not enough to sharply lower the price of the new token. In addition, not all participants immediately after the heads rush to sell the received tokens. Investors who buy tokens with bonuses have more opportunities and more material benefits.

Ms. CRYPTO ADVISER

newbie

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Not in all cases. Maybe sometimes it happen cause other hunters dump their tokens once it hit the exchange. But sometimes price dip is because of the market itself or even the project. Lack of marketing etc. So price dip shouldnt be always blame on the hunters. Cheers mate!

kris679

newbie

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I think that in actual fact depends on hunters, but not so all cardinally because on bounty stands out only 1-3 percent of all tokens, they can not so drastically move the price!

ivanleon

jr. member

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Bounty hunters can cause some price reduction at first, but if the token is really worth it and with a strong team, the price doesn't always drop. There are cases that on the contrary. And so can influence the news background.

Reid

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Have you tried to look at the pie chart of most of the ICO?
I think the largest percentage that I have seen for bounties is 2%. Do you really think that could shake the whole value of token of a certain ICO that you are talking about?
It is the investors who may did it. Large whales that just want profit afterwards. If they see a good number and somehow larger than what they paid for then why wait?
This happened mostly in ICO's that hypes on early stage.

anjir

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Activity: 147

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I do not think so. Because we have worked very hard through promotional media, etc. sacrificing a lot of time and effort just to meet bounty campaign requirements.
Most of the time, the proportion of bounty strands is very low, so it can not affect the whole market, is the token price falls, more reasons can be because people lose confidence in tokens.

AlisaWhishie

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Activity: 322

Merit: 20

At the first glance, it seems that yes, they are. For example, several days ago Amon was giving away its bounty payments, which immediately caused in a terrible price dump (-50%) just in two or three hours. But let's look deeper, it wasn't a problem caused by bounty hunters only, the real problem is a low trading volume. If a volume is high, it's really difficult to dump or pump a price, but if it is low, then even bounty hunters with their 1-2% of the whole token supply can influence the price!
Imagine, if we were talking about Ethereum, could 1% of token holders dump its price so much? I believe that no. So the problem is not just bounty hunters.

ashmodeus

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Quote from: marksayson on May 10, 2018, 10:39:47 PM

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?

not sure about it.
in my opinion,big bonus from ico sale are the big trouble.
in this cases,
let we say,some big whales invest huge amount on some ico.
then he get biggest bonus,
then after listed to market,
he can easy manipulated about price.
and the bounty hunter just following what the whales do.

jtbcoins

sr. member

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People always saying that bountyhunters are responsible for dumping some coin. But they never wanted to blame early investors, that selling their coins immediately. Bountyhunters have only 1-5% of their all market cap.

hovrah

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Quote from: [ProTrader] on June 07, 2018, 12:30:28 PM

Quote from: marksayson on May 10, 2018, 10:39:47 PM

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?

Bounty hunters only contribute a small portion in price deep. Remember that normal % of bounty tokens are usually 2-3%. Majority of the dump are came from investors and not all bounty hunters are dumping their bounty. Like me I usually wait for a year or more before I sell it to have a better chance of more profit.

I completely agree with you, because on Bounty companies are allocated a very small percentage compared to the basic number of coins issued. It seems to me To avoid problems with falling prices, you need to block for a time tokens after distribution.

[ProTrader]

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Activity: 644

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Quote from: marksayson on May 10, 2018, 10:39:47 PM

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?

Bounty hunters only contribute a small portion in price deep. Remember that normal % of bounty tokens are usually 2-3%. Majority of the dump are came from investors and not all bounty hunters are dumping their bounty. Like me I usually wait for a year or more before I sell it to have a better chance of more profit.

Andruha1993

jr. member

Activity: 1008

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I do not think that bounty hunters can greatly influence the fall in ICO prices. Because ICO campaigns give bounty hunters not much reward. When they discard their earned coins, the price does not fall so much.

Renu kapoor

member

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A bounty hunter is a helper in the rise of a ico, he can never be the cause of failure or low price of the coin, a bounty hunter helps the ico for advertisement of project and product of the company as per mu view a bounty hunter helps in selling the coins of a company so bounty hunter can never be an obstacle in the growth of ico.

Mr.Noda

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I do not think that bounty hunters are so critical to the price of the token!
Most likely it's the marketing of the project and the community

imteaz

full member

Activity: 532

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I don't think Bounty hunter cause the price drop, because it is a very small percentage of the coin which bounty hunter get, and it can't dictate a coin price unless the company offer 20% coin to bounty hunter

Miztasnow3

newbie

Activity: 117

Merit: 0

I've been thinking about this for so long. But as for me i think it's true that the cause of price dip of ico could be probably because of the bounty hunters. Because some bounty hunter do sell out there tokens immediately received. Which is not suppose to be so.

SONG GEET

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Yeah they are one of the dumper but usually bounty hunters only hold 1-2% of coin sold so they can't be the only reason for massive dump in price of ico tokens. Most of the pre-ico investors who have bought coins at heavy discount will dump their tokens because they can easily double their money just after ico. Also few members from the team might sell their portion to buy new car or roam around the world after a long busy work schedule during ICO. Wink

Denlv

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dApps Development Automation Platform

Yes if bounty rewards has pay out after ico at start,then bounty hunters dump all the project down for they rewards.I dont do like this i participate in projects what i like and be honest,im chill-hodl!

IrenNTA

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"One Token to Move Anything Anywhere"

Every bounty hunter has it's own rules, so I can't say for everyone, but as for me I don't hurry to sell all my bounty tokens right after the distribution. Usually I wait for a good price and in some cases I can even hold them for a month of two if a project has good prospects. But I agree that usually we can see a dump after bounty distribution, But I don't see any problem here, it's just another opportunity to buy tokens cheaper.

Topic: Is bounty hunters one of the cause of price dip of ICO? - page 5. (Read 712 times)