Topic: Is bounty hunters one of the cause of price dip of ICO? - page 7. (Read 645 times)
could be so. because often, after the ICO project ended, and many bounty participants are incorporated. So after the distribution will be a lot of direct selling. And it affects the market, many who sell the price can go down. That is why campaign managers, limiting or more selective in selecting bounty participants.
I tend to agree with those that lay most of the blame on weak handed bounty hunters. They're the ones constantly badgering the Telegram channel admins with the stupid "when exchange" questions. (As if they haven't all been told repeatedly that those questions can't be answered because of NDA with the exchanges)
Some say that it only represents up to 5% of the tokens for any given project, and that couldn't explain the dip. Have you looked at the volume? Sure, there may be a few early investors selling off their bonuses, but I think most of those sales as bounty hunters.
Some say that it only represents up to 5% of the tokens for any given project, and that couldn't explain the dip. Have you looked at the volume? Sure, there may be a few early investors selling off their bonuses, but I think most of those sales as bounty hunters.
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?
Ah yeah! Off course hunters are the reason as to why most of the ICO come out as shit prices. Actually not suddenly but eventually after they get listed on the exchangers. I mean when it comes to the exchanger then they set the ICO price to the coins but obviously all the hunters start selling the coins to that price immediately as they have to loose nothing but to earn more and more with this sells. So they mass dump it and thus they make the ICO price to drop eventually. Its hard to believe but that is what always happens.
I think bounty is not a problem at all. Most of the projects are allocating very small percentage as bounty. therefore that small fraction couldn't do nay influence to the price movement. Besides bounty campaigns are based on real work. Either marketing on social media translation ,etc. Therefore the project team can save lot of money on their marketing campaign by allocating small amount as bounty.
Besides most of the bounty campaign tokens will be distribute after the ICO and most probably after they distribute the tokens for the investors.
Besides most of the bounty campaign tokens will be distribute after the ICO and most probably after they distribute the tokens for the investors.
I don't think so.
Most of the time, the bounty thread proportion is very low, so can't affect the entire market, is the price of the token to fall, more reason could be because people lose confidence in the tokens,
Most of the time, the bounty thread proportion is very low, so can't affect the entire market, is the price of the token to fall, more reason could be because people lose confidence in the tokens,
Why blame bounty hunters generally? there are a lot of stakeholders in this market or in every project, and all of them are potentially able to cause the dip.
Also as been stated by Numanoid, bounty allocations distributed to hunter are not that representative of the most part of it.
So I believe all are liable and potentially suspect. Not just bounty hunters.
Also as been stated by Numanoid, bounty allocations distributed to hunter are not that representative of the most part of it.
bounty amount aren't too big (mostly it's 1,2, or 4 % from total supply).
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market
So I believe all are liable and potentially suspect. Not just bounty hunters.
some investors say "that bounty hunter is the heaviest killer of ICO", i think the reason is too cruel and disparaging bounty hunters, prizes from some hunters, if they sell tokens they can, just make not much money.
Bounty hunter only few of them. Since you know the bounty amount aren't too big (mostly it's 1,2, or 4 % from total supply).
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market
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?
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