Is it just me or there are others who have same thoughts?

NewRanger

sr. member

Activity: 1568

Merit: 333

Quote from: tracyhayley on August 18, 2020, 07:56:20 PM

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

i exactly have the same thought with you. that's why a lot of bounties reward will certainly distributed a few weeks after listing on the market. they let the investors to sell it first. also, i think the team sold some of their coins using another wallet to dump the price.

its speculation from developers team actually for their token price. one side they want more investors know about project, but in other side it will make investors scare cause dev team give free allocation for bounty hunter. and maybe it could be the reason why when bounty almost over , price in market dumped alot and have less trading volume.

Princeofpoetry

member

Activity: 686

Merit: 28

PUGG.io

Quote from: lenovop-70 on August 21, 2020, 11:25:36 AM

but if their project is good, im sure it will rise again and will leave regret for dumpers behind.

Yes but few good projects can reverse prices after a dump. Many are playing on prices so that the project only lasts for a moment.

lenovop-70

full member

Activity: 1190

Merit: 108

Theres investor or bounty hunters will always dumping on any projects, depending on how strong the project will go, i think the team inside project was predict about that problem before, indeed it will shake the market price, but if their project is good, im sure it will rise again and will leave regret for dumpers behind.

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

most of bounty hunters notice the pump and dump of the value, but what is the main purpose of bounty? the purpose is to spread awareness about the project, this is the cheapest way of advertising in crypto and as you can see some coins that they will give you as a reward is worthless or it has very low price. maybe you should consider to participate to the projects which is worth your effort and time.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

There are thousand of strategy Scammers can do and this is not far from what they are doing.

I have observed some projects in the past tat is doing such like this and yeah they are successful in scamming people.

but in the end?it is the Hunters that they wanted to be blamed off.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: taufik0911 on August 16, 2020, 09:03:28 AM

Quote from: qigong13 on August 16, 2020, 05:57:08 AM

Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.

This reminds me of the Electroneum bounty, when the bounty is distributed it has no effect at all on the price, instead the price of ETN actually rises
maybe some projects do dump but it depends on the developer of the project

Of course it depends completely on the project itself, in fact a sign that the project could be a good one is to keep in mind when the distribution of tokens is going to take place to bounty hunters and see if the price collapses when bounty hunters begin to sell their coins, in most cases the price will go down significantly signaling a bad project but if the price does not go down this means there are many people buying the coins, that the market has enough volume to absorb all of those coins and that there is a lot of interest still remaining in the coin itself which most likely signals a good project.

tracyhayley

full member

Activity: 652

Merit: 103

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

i exactly have the same thought with you. that's why a lot of bounties reward will certainly distributed a few weeks after listing on the market. they let the investors to sell it first. also, i think the team sold some of their coins using another wallet to dump the price.

lixer

hero member

Activity: 2492

Merit: 586

I think those who feel like cryptocurrency is a better option is because they are convenient with making use of it. I do tell people it is a matter of choice, if you look at something and after using it you feel it’s the best option, then you can go with it.

That’s what I have got to say about this, people are using cryptocurrency for all these because they are convenient with it. If you feel that PayPal or other payment methods are better for you, you should go with it.

Every payment methods there is all have ways that they can be better than each other.

BeginToMine

full member

Activity: 434

Merit: 101

https://www.payaccept.net/

That's just the idea and after they dump and distribute to bounty hunters they will definitely blame bounty hunters for dumping their coin forgetting it dumped before bounty distribution. And some do dump and buy back from bounty hunters. Once hunters dumped, they will increase the project volume or it dies forever.

Skinny48

member

Activity: 448

Merit: 18

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

This is your own fault not the project, it's like saying that all listed bounty projects will be good after few months where as they mostly dump in value, not all listed projects are good to promote, some even carry fake volumes, dyor very well next time

Akoldi_ibk

jr. member

Activity: 1050

Merit: 1

We can never tell. It goes both ways. It might be well planned tastics by the team to employ the bounty way, and it might just be the inevitable. Either way, dump is constant in crypto. How the team and the community respond to the situation is what matters provided the quality of the project.

Princeofpoetry

member

Activity: 686

Merit: 28

PUGG.io

Quote from: Zackgeno96 on August 16, 2020, 09:38:03 AM

A lot of people are using the bounties for their day to day living and are dependant on it for earning money, for them, it really hurt a lot to see the price falling after joining a bounty.

That's true, so don't make bounty to be main income. The dump price triggers the bounty hunter to be angry and disappointed, even though that is the risk they will face when joining the bounty.

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: Francis Freeman on August 07, 2020, 04:39:32 AM

I don't think the listed projects are doing it intentionally. Coins always go up or down especially when there is news or large part of tokens are released. You can't expect teams to stop marketing for that.

The bounty hunters can wait for the price to go up and then sell their tokens, if not then they have to bear that loss and move on to another project. I tend to have the bounties saved up as I don't ever need the bounty money urgently in my life and it is just a hobby that I am following because I am interested in the cryptocurrency area. A lot of people are using the bounties for their day to day living and are dependant on it for earning money, for them, it really hurt a lot to see the price falling after joining a bounty.

zulfi125

full member

Activity: 1382

Merit: 105

Most of the project wants to make money from the sale of their tokens for this purpose they introduce bounties so that people will promote them promotion through people is a no-cost in advance, and this is successful promotion tools to support the project after getting their target they dump the tokens and the pay fees to exchanges for listing their tokens so before joining you should check the project and exchanges if listed in good exchanges then should join.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: taufik0911 on August 16, 2020, 09:03:28 AM

Quote from: qigong13 on August 16, 2020, 05:57:08 AM

Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.

This reminds me of the Electroneum bounty, when the bounty is distributed it has no effect at all on the price, instead the price of ETN actually rises
maybe some projects do dump but it depends on the developer of the project

Well, just like what he said, it is still depends on the project if it is good enough or not. If you participated in a good bounty project, then it will have no effect as the project will make sure that the price of the coin will not drop, instead, they will do their best to increase its value. If you participated in a bad project, the team itself will be the one to drop its price for their own benefit.

taufik0911

full member

Activity: 1274

Merit: 104

HEX: Longer pays better

Quote from: qigong13 on August 16, 2020, 05:57:08 AM

Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.

This reminds me of the Electroneum bounty, when the bounty is distributed it has no effect at all on the price, instead the price of ETN actually rises
maybe some projects do dump but it depends on the developer of the project

qigong13

member

Activity: 161

Merit: 12

Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.

Maestro75

sr. member

Activity: 1890

Merit: 328

Quote from: serjent05 on June 30, 2020, 04:02:18 PM

Actually to dump is not the purpose of the bounty campaign. It is to spread awareness and if possible hype to the project. It is one of the marketing strategies of any business that opt to fund them through people's money, .a.k.a ICO, IEO, ITO, IPO, etc.

If we follow this comment that means the OP is right then. Bounties cause awareness and that cause more people to know about a product that though listed on exchanges but was never popular. When more people know about it and get interested it will increase demand for it. The price will go up and then the team will sell ahead of bounty distribution and get out, causing price to crash.

Quote from: serjent05 on June 30, 2020, 04:02:18 PM

The major reason why several projects get dumped the moment they get in exchange is that many of these projects offers discounts on investors. Like their regular price is x USD but they give it at the price of x/3. So who is in the right mind won't sell if they saw 2x 3x profit? Thus, dumps happen.

You are right here and I do not know why projects still offer such crazy discounts to early investors. It is like deliberately decreasing the value of their tokens.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Wingsbtc on August 11, 2020, 04:21:43 AM

Quote from: JeotQ on June 30, 2020, 11:40:52 AM

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

Sorry for your loss if you promote a trading bounty project and still get worse results from them, it happens, get used to it and mind you not all listed bounties cheat bounty hunters, for example this present project that I'm promoting (Oikos) has very good use case and trustable team members and it's already trading on exchanges

Unfortunately this is the price you have to pay if you want to be a bounty hunter, this is precisely the reason why bounty hunters join as many campaigns as possible because they are playing a numbers game, they know that out of each ten projects that they promote nine are not going to give them significant profits but the remaining project has the possibility of going up significantly and that is where they get most of their profits, as such if you are a bounty hunter you need to select the project that you join very carefully if not you're just wasting your time.

Genemind

sr. member

Activity: 1596

Merit: 335

It's normal for projects to lose their value once it is listed on an exchange. Investors are getting their projects. Unfortunately, bounty hunters are blamed for projects. They must consider that without the bounty their projects will not have increased audience or investors. This helps the project get exposure especially in the forum where there are over hundreds or even thousands of users.

Topic: Is it just me or there are others who have same thoughts? (Read 1305 times)