I feel like most projects, they don’t try to improve their project, they simply copy others coins and didn’t have any proposal usage and all they did is used bounty hunters to help them advertise and pump up the price, so don’t blame bounty hunters to dump the coins, they spend their time to work on the project, if the project any good, there wouldn’t have many dumpers.
Topic: Locking Bounty Rewards To Avoid Dumping - page 15. (Read 1979 times)
Bounty hunters alone should not to be blamed or held responsible for dumping because they are also victims of the dumping. How much tokens are usually given to bounty hunters? Amount hardly goes above 2% and I do not think there is a bounty hunter who doesn't want to see his tokens sold at higher prices. What about situations where bounty hunters are paid in either ether or bitcoins. Don't such projects suffer dumping of tokens? What I am thinking is that some investors also dump very well especially when they need money to invest in new ICOs which they think will yield much profit.
Not a right approach to bounty hunting mechanism. Bounty hunters are impatient generally and i doubt they will say thanks if team decide to lock the bounty rewards for a month.
That is the biggest mistake of all ICO did that.
Well why is that? the first thing to know is are they that really strong?
IF they are going up, why did they choose to send tokens of them to bounty participants?
why not just sent ETHEREUM NOT BITCOIN? WTF!
Well why is that? the first thing to know is are they that really strong?
IF they are going up, why did they choose to send tokens of them to bounty participants?
why not just sent ETHEREUM NOT BITCOIN? WTF!
I think lock of bounty tokens makes no sense because it's so small amount of all tokens, usually it 1 or 0.5 %. Team should lock own tokens and take a hard work to avoid dump imho.
Tokens being locked after ICO before listing on exchanges are common to many projects. Some project developers do this many times to avoid dumping of tokens by dumpers. In most cases this methodology works to favour investors. It is obvious that bounty hunters are the ones who normally dump the tokens and thus bring down the price of coins below the ICO price. I am in support of the tokens to be locked before listing on exchanges as this has helped to increase the trading price in many ways.
I also think that this is the right approach. but I also see that in some projects, even before sending tokens to bounty hunters, the price of a coin falls so deep that even bounty hunters are not happy with the prices for which they are given to sell their tokens after transferring to wallets
Tokens being locked after ICO before listing on exchanges are common to many projects. Some project developers do this many times to avoid dumping of tokens by dumpers. In most cases this methodology works to favour investors. It is obvious that bounty hunters are the ones who normally dump the tokens and thus bring down the price of coins below the ICO price. I am in support of the tokens to be locked before listing on exchanges as this has helped to increase the trading price in many ways.
I think most of us that joined bounties in the year 2018 had experiences like that. I was also expecting that it would happen because of the lock-in period but I guess the investors are just for short term and they will sell it after listing because their bonuses are already enough for profit taking. ICO bounties should do buybacks or Eth/btc payment so investors would not get the fear of dumping from bounty hunters.
They really need to look for a way of systematically controlling this dumping issues going on in the market, other than blaming it on hunter but I guess they were just doing try and error to really determine where the dumping is coming from, and now that they have seen that bounty hunters makes no significant impact on the dumping, they will let us be.One thing about dumping is that it will always happen anytime, whether now or in future provided the purpose of putting in money into that project is to get profit and many investors don’t care about future profit but they are satisfied with whatever little profit they get once the project enters exchanges so that they can move on to next project.
To be honest, I can totally understand it when bounty tokens get locked for a certain amount of time. There were projects were bounty hunters caused a massive dump after the tokens hit an exchange. Which resulted in some people waiting in hope for that dump instead of investing in the token sale.
But from all aspects, the concept of the project is the most important thing. Because investors must see in terms of uses and concepts, if it has good potential, of course, with a bounty hunter it will not affect the price or dumping
It is always so easy to blame bounty hunters when a token price dumps, some even do it when the bounty hunters are yet to even receive their tokens, a good project team is a good project team and if they play their cards right from the beginning, bounty tokens would never affect their token price in the exchanges.
Not every new coin has decreased in the market due to bounty hunters but maybe it has become a tradition that bounty hunters are always scapegoats. If we think more deeply there will be many other factors besides the bounty hunter which result in a new token immediately decreasing in price when registered in exchange.
I don't support the idea of locking bounty tokens. The hunters should be allowed to spend their hard laboured tokens whenever they wish. You must not restrict them.
It is really a bad idea to lock hunter’s reward and quite discouraging, I don’t even see why their activities should cause major dumping in the coin, because the percentage of their holdings can never be compared to the one with the investors, so if any major dumping is happening, it should automatically sent a signal to them that is should be from one of the large investors since we still have some investor that would hold their coins for a very long term, thank God bounty hunters has been vindicated and there is already a proof that hunters are not the major cause of dumping, though they contribute to it partially too.
you say the truth, but i think mostly ico whos already finish their token sale event, and right after distribution rewards for hunters done, dump was happen, so the hunters itself have a part for making some token price dumping.
I think it has no effect Locking Bounty Rewards To Avoid Dumping because for me the bounty hunter was the cause of the dump when the first market rilis, they sell at the lowest possible price as long as it becomes money
atleast it could prevent more dump if in locking periode developers team trying to add daily volume trading by adding in several major exchanges.more volume will prevent more dump in price.
Will locking bounty rewards help prevent dump? I don't think so. Only 5% of total token how will dump market suddenly. And I don't think any project just pay after campaign end. Although I am not familiar with bounty reward system but I don't believe people's will attempt to sell together at a time. Also is project distribute bounty reward on same day to all hunters? If not then bounty rewards are not going to help them prevent dump.
I think it has no effect Locking Bounty Rewards To Avoid Dumping because for me the bounty hunter was the cause of the dump when the first market rilis, they sell at the lowest possible price as long as it becomes money
Unique thing, but in my opinion is reasonable because now we are facing the bear market and dumping that might happen because the project cannot develop the project or it might be said to be bad luck but don't despair maybe the project can rise again after the bear market stops
if they locking the bounty rewards, are these coins will survive? there will be no volume if they locked it, it is not solution to avoid dumping coins, we bounty hunters want money, we work hard to promote the project. The solution to avoid dumping coins is that the project must be unique and keeps update in telegram, investors would like to invest for sure.
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