Author

Topic: It is not fair to blame bounty hunters when token value drops on exchange??? (Read 159 times)

sr. member
Activity: 700
Merit: 251
It is a general perception that the price of a coin dumps because of bounty hunters selling their shares. But I dont think it even matters if a project is good in itself then bounty hunters selling their coins wont be a matter on a long run.

Most of the time i have seen general dump happens to a coin and the blame is put on to the bounty hunters.
sr. member
Activity: 686
Merit: 250
Bounty hunters, that is, members of the generosity campaign, are allocated only 1-5 percent of the total amount of tokens produced, and even if most of the bounty hunters immediately sell on the exchange the tokens they received, this can not cause such a drastic drop in its price, which usually happens after the first appearance of the token on the exchange. Therefore, I also consider it unfair to say that it is bounty hunters who are guilty of lowering the price of the token when it first appears on the exchange.

Exactly this was my point we get only 1 to 5% of total allocation than how we can affect the whole project. Sometimes people loose thier sense and give excuse to blame bounty hunters. We involve in project and sometimes if we like project which have huge pottential to rise we HODL that token.

When the coin is good and they all sell so cheap then I don't see the problem? Just a few lucky people who managed to buy quick.
member
Activity: 462
Merit: 11
I believe that the bounty hunters are not to blame of the token value on the exchange even if they sell out their coins to get the profits on their hard work. The reason is it only takes a small allocation on the tokens in the ICO. I believe is the pump and dump group, whales, and the investors along with the projects goals that affects the value of the coins. Also it is not good to blame on anyone in the value of any coins, because we should know the risks behind every investments that we make.
member
Activity: 224
Merit: 21
Bounty hunters, that is, members of the generosity campaign, are allocated only 1-5 percent of the total amount of tokens produced, and even if most of the bounty hunters immediately sell on the exchange the tokens they received, this can not cause such a drastic drop in its price, which usually happens after the first appearance of the token on the exchange. Therefore, I also consider it unfair to say that it is bounty hunters who are guilty of lowering the price of the token when it first appears on the exchange.

Exactly this was my point we get only 1 to 5% of total allocation than how we can affect the whole project. Sometimes people loose thier sense and give excuse to blame bounty hunters. We involve in project and sometimes if we like project which have huge pottential to rise we HODL that token.
full member
Activity: 462
Merit: 100
I think bounty money has really no effect on the decrease of token value, because most bounty hunters dump the token just after they receive it but if there is demand for token, if it is good coin, it will rise again.
member
Activity: 266
Merit: 11
Sometimes bounty hunters selling their token at a cheaper price. Most of the ICO investors selling their coins beacuse they know that most of coins price drop after listing in exchanges.
newbie
Activity: 23
Merit: 1
A temporary drop in value does not accurately reflect the long-term value of a project. In fact, it is necessary to wait to see if the project holds value long-term, that's why it's called "long-term"! The first moments after being added to an exchange are usually periods of extreme volatility, though maybe it's also a great opportunity as a coin-holder - you can sell your coins and buy them back for cheaper, for example. Trading always carries risks, but the extreme volatility is surely a sight to behold. If the project is a valuable project, then long-term its true value will always show. Nothing to worry about when it comes to short-term drops. But the problem with that is, it is not easy to wait through such tumultuous times!
full member
Activity: 602
Merit: 116
It's not only the matter of bounies. Usually bonus tokens and tokens earned via referrals can also affect the price.
And better to say that when the price drops heavily after it is launched, the biggest problem is the project not the bounty hunters. If the project is good and trade volume is also high, 1% of supply cannot cause the price to drop. If the project is promising most of bounty hunters will hold theor coins and even if they seel their coins the price won't be affected heavily.

And notice that bounty hunters attract many investors. Without them many projects that has been successful, might had not reached their soft cap.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
Let us just say that some bounty hunters do cash out fast upon receiving their bounty rewards and some hodl and wait for the project to grow.
Same goes for those early adopters.
At the end of the day, it's their coins/tokens. They sell whenever they want and nobody can stop them from doing that.
full member
Activity: 574
Merit: 102
Most of the icos I've seen allocate only 1%-2% of total supply of tokens for bounty and after the bounties are rewarded to each participant, not all of them dump their tokens some of them hodl it until 10x. So I dont think bounty hunters are to be blamed in dumping of icos, maybe blame those investors who bought in pre-sale or pre-ico with 50% bonus Cheesy
full member
Activity: 308
Merit: 101
FXPay.io
Actually bounty hunters do not completely throw away the coins because if they receive in large quantities prefer to hodl. Is commonplace if the price at the time of listing on the market decreases, If a coin is really potentially a lot of people who will buy it so no one is to blame when the market situation is like this.
full member
Activity: 2142
Merit: 183
Bounty hunters, that is, members of the generosity campaign, are allocated only 1-5 percent of the total amount of tokens produced, and even if most of the bounty hunters immediately sell on the exchange the tokens they received, this can not cause such a drastic drop in its price, which usually happens after the first appearance of the token on the exchange. Therefore, I also consider it unfair to say that it is bounty hunters who are guilty of lowering the price of the token when it first appears on the exchange.
newbie
Activity: 182
Merit: 0
I do not think it should be regretted.
because the allocation of funds for bounty on average under 5%.
And it is very natural for me, because not all bounty hunter will sell the token directly earned it.
There are some who will try to follow the roadmap, and there are also some who just expect the pleasure alone.
I think it's very fair that a project has a two-pronged channel.
channel for investor and channel for bounty hunter.
But sometimes the greatest regret is that bounty managers remove or modify their own rules, without notice.
and we must take firm action.
The best effort is to gather data managers in order to have a standard agreement.

Thank you..
newbie
Activity: 537
Merit: 0
Most of them get free coin without having to invest, most bounty hunters immediately sell the coins they get from bounty and that's one of the causes of the decline in coin prices.
But all that does not have to blame bounty hunter, because the coin for bounty is only 2 - 5% percent of the total supply of the coin
full member
Activity: 336
Merit: 112
Well you really can't deny the fact that, besides most icos being actual shit, bounty hunters are one of the main reasons why the price of coins drops immediately after launch.

Most bounty hunters don't even care about a project. Do you need to be invested or even interested in the actual project to translate, promote on social media, or even make a youtube video? Absolutely not. Especially on social media campaigns, it's very clear that bounty hunters use bots to do the job for them.
member
Activity: 224
Merit: 21
Want to know your views guys recently I observed in telegram community of DRAGON when the project launch on the exchange and it's price start to drop than why people blames only bounty hunters. All bounty hunters don't dump tokens early there may be other people's who dumps the token on exchange like who invested in pre ICO token sale. This is becoming excuse in every community day by day that bounty hunters are dropping value of the project. Actually we know more about the project after the developer we write blogs for them we do translation  of whitepaper for them we promote ICOs on social medias. We need to stop people who gives excuses like this bounty hunters are dumping token whenever we see such people's in any community.

Share your views guys I don't feel this is fare blaming bounty hunters today it's one community tommorow there will be more we need to stop this excuses.
Jump to: