Topic: Locking Bounty Rewards To Avoid Dumping - page 20. (Read 1979 times)
Locking of token to avoid dumping I have come to see it as a child's place, infact it even intensifies the urge to even dump as the token has been locked for quite a while and this dumping comes more from the investors side
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
Investors dumping their tokens more faster than the hunters so the team should try to lessen the dump from the investors by making some strategy and if they don't want to dump from tokens they should avoid locking their payments by paying on other crypto currencies.If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
Correct the major dumper is the investors since they are the one who receive their share first and been earned more percentage on their initial investment when their tokens nor coins get listed on exchange and bounty hunters is just a secondary with that things. And would also rather agree for paying in other forms of payment since if companies will do that they will minimize the panic selling and regain their price more easier.
Saying bounty hunters dump coins an d locking because of this is just baseless. The tokens allocated for the team members are the ones to be locked for a longer period.
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
Investors dumping their tokens more faster than the hunters so the team should try to lessen the dump from the investors by making some strategy and if they don't want to dump from tokens they should avoid locking their payments by paying on other crypto currencies. If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
I give the poster kudos for this post. Like the poster rightly said, if a token should be locked, it should be the ones allocated to team and advisors, after all its their project, why do they need to sell. The team avoiding the dump are actuality the ones that dumps on investors once theres listing. Hunters are known for dumping but that's not supposed to be. Hunters and investors make or mar a project because without them, I don't think the said project will stand.
Bounty hunters have always been the first to blame when dumping happens but this is not exactly what it is. I have seen many coins being dumped right after listing even when bounty hunters have not been rewarded. It is the investors who dump but this is very funny because why would you want to invest to only dump your coins straight away? I think the reason is the bear market sentiment.
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
I believe that token locking does not prevent investors from selling tokens. The most fundamental reason is that the operation of the project itself will allow investors to safely hold token assets. If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
The bounty percentage is just a little to affect the value of the token.
You joined an ICO with full of fools.
One good strategy is giving them more from the unsold token or from the teams wallet while they are holding. Kind of a loyalty reward for those who will stay. That way the price will be intact.
Though it is not just that which affecta the price. If a whale suddenly picks that token to be traded then a large movement could really happen.
You joined an ICO with full of fools.
One good strategy is giving them more from the unsold token or from the teams wallet while they are holding. Kind of a loyalty reward for those who will stay. That way the price will be intact.
Though it is not just that which affecta the price. If a whale suddenly picks that token to be traded then a large movement could really happen.
So they decide to lock bounty rewards after they basically had promised to pay them?
Is that normal? I've never participated in any sort of bounty campaign, so I don't know if it's common practice.
Just seems that it's a highly deceptive thing to do. They basically change the terms of their agreement on a whim.
Is that normal? I've never participated in any sort of bounty campaign, so I don't know if it's common practice.
Just seems that it's a highly deceptive thing to do. They basically change the terms of their agreement on a whim.
Another topic in which I see that bounty hunters are to blame for all the troubles of cryptocurrencies. Let's do some simple calculations and find out if this is true. The bounty budget of campaigns is usually about 1% of all coins sold. According to statistics, half of the bounty hunters are holders and do not sell coins below the ICO price. Then we have the amount of about 0.5% of the total number of coins, which is unsignificant. How can such a small amount of coins dump the price dozens of times, as it usually happens?
And if you think about it, then who has the most coins and can easily dump the price? The answer is always the same: developers.
And if you think about it, then who has the most coins and can easily dump the price? The answer is always the same: developers.
I wonder why you put the blame of coin dumping on its initial listing solely on bounty hunters, must they be blame of everything that goes wrong in the industry. I have participated in many projects that delay the distribution of bounty token yet they got dumped badly on exchange. To me, even if bounty hunters dumped their token, the percentage of it is not enough to cause a damage that can't be change to the price of the token.
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
it is true as a bounty hunter we also invested in the project we work to promote them to attract investors so we should also be treated as an investor or at least treat us as a worker for their project.If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
It is not our fault that the value of the projects are dropping low , May I ask how was the value of the alt-coin that you been promoting when they lock the reward? did it help to raise the value or nothing happen?
Because I am pretty sure even when they lock it the value still drops down specially if they didn't do the buy back the price would surely drop because the investors would sell it if they just invested to get a quick profit or just invested because of the early investor bonus.
Bounty hunters only hold a small portion of the whole supply so the price drop isn't our fault.
i do not even think locking hunters reward can change the situation. i also do not want to start calling project names but i have witnessed some projects team locking hunter's token yet the price of their token still got dumped.
The fact is they believe hunters are dumpers , but that is not completely true. i think the Early investors who buy ICO with 100% bonus are usually the ones doing the hard dumping .
The fact is they believe hunters are dumpers , but that is not completely true. i think the Early investors who buy ICO with 100% bonus are usually the ones doing the hard dumping .
We've discussed this issue more recently in a Telegram group. One project accepts 1 ETH=750USD for token sales. Then says let's not distribute the bounty. they call it that because bounty hunters may dump the price. Very difficult to understand. The investor will buy a token worth $750, paying $150. If they sells their tokens normally, they accept to sell it for $300 at the first opportunity. So Price automatically fall about %60. Please let me know which bounty hunter falls it now?
They sell their tokens with a lot of bonus. Then says bounty hunters dump the price... Come on be just! Bounty hunters gets only %1-3. Not %50!
They sell their tokens with a lot of bonus. Then says bounty hunters dump the price... Come on be just! Bounty hunters gets only %1-3. Not %50!
It is true that project devs do lock bounty reawards to avoid dumping
But what eventually happens??
It all gets dump, everyone needs to understand that bounty hunters cannot cause a token to dip
But what eventually happens??
It all gets dump, everyone needs to understand that bounty hunters cannot cause a token to dip
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
You did not name the campaign but there's one token that I know that locked the token for bounty hunters until May and that is Likercoin, and you are right locking bounty hunters' shares will not stop people from dumping the coin/token, I believe some devs are also dumping their shares because the team always have the lion's share of the supply.
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
You did not name the campaign but there's one token that I know that locked the token for bounty hunters until May and that is Likercoin, and you are right locking bounty hunters' shares will not stop people from dumping the coin/token, I believe some devs are also dumping their shares because the team always have the lion's share of the supply.
It's sad really.
I can relate to your experience because I had the experience .
The campaign ended last year May and bounty hunters token has just been unlocked.
Prior to the token unlock, the price of the coin was shitty.
So I think team members should use other methods as you opined, since locking of bounty tokens has failed to achieve the desired results.
I can relate to your experience because I had the experience .
The campaign ended last year May and bounty hunters token has just been unlocked.
Prior to the token unlock, the price of the coin was shitty.
So I think team members should use other methods as you opined, since locking of bounty tokens has failed to achieve the desired results.
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Locking bounty allocations won't prevent dumping instead it'll encourage it due to anger from bounty participants when those allocation are finally distributed. Many projects thinks locking bounty allocations is the solution to their tokens or coin dumping not knowing dump of coins/token are result of lack of faith in the project and excessive supply of it in the market due to selling of tokens with bonuses in presale for very cheap price.
Irrespective of what allocation gets locked be it investors, advisor, team or even bounty allocations. A token/coin without a future will still get dump and those with little real world application might suffer some few decline in prices but in long run will be profitable.
Irrespective of what allocation gets locked be it investors, advisor, team or even bounty allocations. A token/coin without a future will still get dump and those with little real world application might suffer some few decline in prices but in long run will be profitable.
This will be a long debate and whatever will be the developers find a way, there's always people that will complain and will say it's unfair on their sides. On the bounty hunters side, most will say that the investors should only dump small portion of their investments. And for the investors side, most of them blame the bounty hunters which is really irrelevant if the distribution to them has been around 1% - 5% or few higher than expected.
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