Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.
Yes, agree with you, all bounty hunters have their own rating about projects that they are participated. So that, with really good projects, most of them will hold it and keep tracking it, they not sell it after those coins listed. And with the poof distributed too less for bounty about 0.5%-5%, coins that bounty hunters holding not enough to make "crash" of token price.
Topic: IS THE BOUNTY HUNTER THE CAUSE OF THE SUDDEN PRICE CRASH OF A TOKEN OR COIN? (Read 204 times)
September 24, 2018, 04:17:22 AM
September 24, 2018, 04:15:30 AM
I disagree with this. Bounty hunters don't in any way affect the price of any token/coin. These are skills deploy by investors to lay the blame on Bounty hunters. Take for instance SEELE did Bounty some months ago and during the Bounty the price hit almost 30 cent if not more than and as soon as the Bounty ended and the team announces the exact date for distribution (note that it was just announcement). From that day till now, that token still haven't recovered from the excessive dump from investors and Bounty hunters have become Holders of the token. Many cases and the most recent one I experience again is Uchain, listed September 19th and went as low as -90%. They still haven't distributed any of those token to Bounty hunters and yet investors still blaming hunters for what happened in their telegram group. So all this keep happening in the Crypto space and all the blame like on innocent hunters.
September 24, 2018, 03:56:26 AM
Distributed bounties aren't just the cause of the price getting lesser but is adds the market pressure. You will have to consider that the investors are not just individuals who will hold and wait for the project to be developed. The project isn't up and running yet which is why the developers are asking for the fundings which means there isn't yet some thing that will cause the price to rise up. Its going to be normal for a token's price to depreciate when investors take profit from the bonuses they get upon being an early investor.
September 24, 2018, 03:53:25 AM
Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.
Yes, agree with you, all bounty hunters have their own rating about projects that they are participated. So that, with really good projects, most of them will hold it and keep tracking it, they not sell it after those coins listed. And with the poof distributed too less for bounty about 0.5%-5%, coins that bounty hunters holding not enough to make "crash" of token price. 
September 24, 2018, 03:45:23 AM
I think I am hearing wrong about the false accusations by the users in the telegram regarding on the fact that the bounty hunters are the main reason for the dump price of the token or coin. They may cause a sudden fall-down but we cant really blame it all to the bounty hunters. Remember the fact that almost 1% of the token allocation are goes to the bounty hunters, and almost 25% of the fund allocation are to those users attending the ico tokensale.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
September 24, 2018, 03:30:45 AM
short answer is no.
if you hang around in the altcoin market for a while and try seeing the history of different altcoins you can see that these types of things happen too often and there doesn't need to be a "bounty hunter" or even that kind of token distribution for a dump. the dumps are inevitable as long as there is no real demand for the coin.
so far these tokens are 100% speculation so when you buy them the only thing you can ever do with them is to have them as an speculative asset which is in fact more like a lottery ticket that you buy which may win and give you some profit. otherwise the lack of usage means there will come a time when others who bought their lottery tickets would want to encash them and the dump comes.
if you hang around in the altcoin market for a while and try seeing the history of different altcoins you can see that these types of things happen too often and there doesn't need to be a "bounty hunter" or even that kind of token distribution for a dump. the dumps are inevitable as long as there is no real demand for the coin.
so far these tokens are 100% speculation so when you buy them the only thing you can ever do with them is to have them as an speculative asset which is in fact more like a lottery ticket that you buy which may win and give you some profit. otherwise the lack of usage means there will come a time when others who bought their lottery tickets would want to encash them and the dump comes.
September 24, 2018, 03:29:21 AM
Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.
More likely bounty hunters is also some sort of investors, though no money is placed but they probably put their trust into something that worth to hold.If a token is good no matter how the bounty hunters dump the token it will still bounce back. On the side note, investors are silently dumping their token since they lose trust to the project and it's time to cut loss. We can't put all the blame to each other because the reality hits us hard that the team has a full responsibility to make their token stabilize, they should be the one thinking how their token survive in this kind of environment. We put trust to them so in return they should be doing something worthy.
September 24, 2018, 02:52:46 AM
i think no just like you said bounty have only a small allocation of the total token so they can't affect the price that much. the price still depends on the project if it can attract more investors. bounty hunters are also one of the reason the project can attract investors so they have right to sell their rewards.
September 24, 2018, 02:39:42 AM
It is very interesting that people must blame something for any unfavourable state, for me if a price of a token went down and I feel it is a good project, it is a buying opportunity for me, what are people going to say about projects like Hybridblock and 0chain don't have any bounty campaign and the price is around 80% below their ICO price.
September 24, 2018, 02:34:15 AM
i dont think it can make price crash with coin from bounty hunter it very little.
September 24, 2018, 02:14:25 AM
Yes unfortunately that is often the csae in this bear market when there is no legitimate volume.
September 24, 2018, 02:13:23 AM
I think I am hearing wrong about the false accusations by the users in the telegram regarding on the fact that the bounty hunters are the main reason for the dump price of the token or coin. They may cause a sudden fall-down but we cant really blame it all to the bounty hunters. Remember the fact that almost 1% of the token allocation are goes to the bounty hunters, and almost 25% of the fund allocation are to those users attending the ico tokensale.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
September 24, 2018, 01:04:02 AM
Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.
Same here. I usually hodl my bounties if it's just around $100 value range. If higher, I may decide to sell some but still hold bulk of the bounty given in my wallet. I don't dump as it hurts the community and the devs that I've worked with.
September 24, 2018, 12:53:31 AM
I think I am hearing wrong about the false accusations by the users in the telegram regarding on the fact that the bounty hunters are the main reason for the dump price of the token or coin. They may cause a sudden fall-down but we cant really blame it all to the bounty hunters. Remember the fact that almost 1% of the token allocation are goes to the bounty hunters, and almost 25% of the fund allocation are to those users attending the ico tokensale.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
The market is indeed crazy and has a lot of actors that make the value of a token high or low. I believe that right now what is driving the market is pure speculation that has players like whales, bounty hunters and the rest. In time use case of the coins will make the difference in the market
September 24, 2018, 12:52:21 AM
I agree with you bounty participants might drag the price down at first but if the project has a really good potential some of them might consider holding it or even buy more. The price really depends on the project and the marketing itself.
September 24, 2018, 12:50:56 AM
Yea, bounty hunters haven't the sufficient amount of tokens to dump the price. They could dump it a little and for short time....
September 24, 2018, 12:49:06 AM
With just that small amount of percentage given to the bounty hunters, I don't think that they will impact "crash" to the token price (especially with only those little volume of tokens compared to the big investors). And yes, usually the ICO project pay/distribute the bounty and airdrop tokens couple months after the ICO end (not to mention if they hold it), so I don't think that the hunters should take all the credits for this.
September 24, 2018, 12:35:59 AM
Most companies pay a bounty of tokens through 3-8 months after completion of the ICO. Therefore, it is foolish to say that bounty hunters are to blame for the fall of the cryptocurrency rate. The blame is mainly whales who buy cryptocurrency on PreICO with big bonuses
September 24, 2018, 12:35:19 AM
I think I am hearing wrong about the false accusations by the users in the telegram regarding on the fact that the bounty hunters are the main reason for the dump price of the token or coin. They may cause a sudden fall-down but we cant really blame it all to the bounty hunters. Remember the fact that almost 1% of the token allocation are goes to the bounty hunters, and almost 25% of the fund allocation are to those users attending the ico tokensale.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
How about the big investors, the whale investors, kindly think of that first. Before making accusations to us, bounty hunters.
Bounty hunters are just a convenient excuse for very poorly managed ICO's. The Bounty is typicaly only 1% of the float. If you can't handle 1% of the coins being sold post ICO then you have done a very poor job of managing your project. From studying ICO's that have sold off it is apperant that the source of the selling is almost always Insiders as well as Private and Presale investors. Just look at tokens like IUNGO that ripped off everyone that worked on the bounty by reducing it to less than one tenth of one percent of the tokens sold but still lost 95% of its value because all the insiders sold their tokens while telling the ICO investors to HODL.
September 24, 2018, 12:09:08 AM
~snip~
I don't think so cryptocurrency price dropped due to bounty hunters. There is lot of reasons, only one reanose are not enough for dropped price. So many negetive news, no big investors are entering on market, selling eth by ICO owners etc the main reasons (IMO). If new investors stop investing on crypto currency than no doubts price will drop slowly. Current market situation is no big investors are entering markets. Due to many negetive feedback form SEC many investors are worrying to invest on crypto. We can expect something will clear up to end of this year. Bounty hunters just hold average 5% from ICO. And obviously they will not sale on loss. So it will not effect on total crypto markets. Crypto markets movement depends on big whale.
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