My opinion about dumps caused by bounty participants.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Quote from: Vaculin on January 15, 2020, 07:37:36 AM

Bounty is only profitable in bullish market, OP is correct, even if it's only 2% but when no one is buying and bounty hunters would like to dump their reward, they will likely get a very cheap price which is not good for the project as it's future will definitely be at risk.

Don't forget investors and developers, it's highly chances are they will be the ones who will sell coins first on the exchange.
That's why bounty hunting will no longer be feasible.

Quote from: Vaculin on January 15, 2020, 07:37:36 AM

If the project wants to succeed, they should not release the bounty if it will cause a dump, they should delay or maybe distribute on a monthly basis divided like 12 months, it's actually helpful for both as bounty hunters would like to get good value but they are just force to sell even cheap when they have it.

The price is easy to shake in exchange, the whales will easily prepare their action, because there will be a "pattern price" on the exchange. Market sentiment will be easily shaken as well as the community.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Vaculin on January 15, 2020, 07:37:36 AM

If the project wants to succeed, they should not release the bounty if it will cause a dump, they should delay or maybe distribute on a monthly basis divided like 12 months, it's actually helpful for both as bounty hunters would like to get good value but they are just force to sell even cheap when they have it.

but how can they succeed if they wont run a promotion such as bounty ? as we know that bounty on this forum can make a good impact on every project because all of the users here are onto cryptos and they are also investing aside from doing bounties to earn a coin . it was not also a good idea to delay payment for a bounty hunter because they are only doing thier best to work hard for months and suddenly they will only cheap by the owner ? seems not fair to them .

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Bounty is only profitable in bullish market, OP is correct, even if it's only 2% but when no one is buying and bounty hunters would like to dump their reward, they will likely get a very cheap price which is not good for the project as it's future will definitely be at risk.

If the project wants to succeed, they should not release the bounty if it will cause a dump, they should delay or maybe distribute on a monthly basis divided like 12 months, it's actually helpful for both as bounty hunters would like to get good value but they are just force to sell even cheap when they have it.

Mighty_crypt

member

Activity: 784

Merit: 21

Bear market on altcoins is strong this days so no one wants to hold any altcoins, dumping ain't bad at all and i feel it's all on the team because they are the only one who can at least try to avoid the dump by creating something very demanding and listing on a very good exchange

kodtycoon

legendary

Activity: 1568

Merit: 1002

if so the dump is not caused by bounty participants because the theory does not prove a demand that is going well, so even bounty hunters sell at unworthy prices, and in fact they manipulate the market for a pump that might be done someday

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: timmmers on September 05, 2019, 03:57:23 PM

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.

Your point of view? Cool

When it comes to bounty hunter's shares we should not question if they want to sell or to hodl it, they worked on these coins, they have all the rights to dump it if they want to, it's not easy working on a bounty that lasts for several months, and if the project is that good it will eventually get up and the price will eventually recover.

target

legendary

Activity: 2282

Merit: 1041

Quote from: LouVandetta on January 14, 2020, 06:30:58 AM

Bounty hunters were dumping their rewards once they received them was all because they don't want to regret not selling them while it still has value. Because it's quite common lately, even if bounty hunters didn't dump the price, the price is already low as it is. Which makes hunters doesn't want to hodl them any longer. Even if there's a rewards locked, it doesn't mean that the price will remain great or at least stable. Most projects nowadays are having a hard time to survive in the market.

Some of the bounty hunters are also buying buy after they dump, these bounty hunters I tell have learned how to trade. They keep reading the forum to participate the promotion and they keep learning in the process. I have been holding some coins that I think has potential and might be bought but in the end they also were dumped hard. The good side of it though is that when the bulls rally, its when I see the worth in holding it.

LouVandetta

sr. member

Activity: 602

Merit: 253

Bounty hunters were dumping their rewards once they received them was all because they don't want to regret not selling them while it still has value. Because it's quite common lately, even if bounty hunters didn't dump the price, the price is already low as it is. Which makes hunters doesn't want to hodl them any longer. Even if there's a rewards locked, it doesn't mean that the price will remain great or at least stable. Most projects nowadays are having a hard time to survive in the market.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: smyslov on January 13, 2020, 09:27:57 PM

Quote from: janggernaut on January 12, 2020, 06:13:22 PM

Quote from: nonbody on January 12, 2020, 10:41:17 AM

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token

You cannot blame bounty hunters and I'm one of those who sometimes dump tokens after I got my share, one of my reason is a long works, projects last from 3 months to 9 months, it is just right that I convert some of my token so I can get the reward from my long works, second is I feel the project will have to wait for years before we see it's potential, and I prefer to trade the coin and invest on already moving project.

I never blame bounty hunters. It's their choice whatever they want to do with their token, either dump it or hold it. I said the best time to convert or exchange your token is around when it entered market until 3 months or you will ended up with regret since the price would be keep decreasing

inanilujimi

sr. member

Activity: 1876

Merit: 259

Bounty hunter has the right to what has been done, there are even projects that have been registered in the bourse that the bounty participants have not been distributed, the price remains dump.

So bounty hunter is not appropriate to be blamed for dump that occur in the project.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: janggernaut on January 12, 2020, 06:13:22 PM

Quote from: nonbody on January 12, 2020, 10:41:17 AM

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token

You cannot blame bounty hunters and I'm one of those who sometimes dump tokens after I got my share, one of my reason is a long works, projects last from 3 months to 9 months, it is just right that I convert some of my token so I can get the reward from my long works, second is I feel the project will have to wait for years before we see it's potential, and I prefer to trade the coin and invest on already moving project.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: Rodeo02 on January 12, 2020, 09:38:41 PM

Quote from: janggernaut on January 12, 2020, 06:13:22 PM

Quote from: nonbody on January 12, 2020, 10:41:17 AM

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token

Because they cant manage to maintain the price they dont add support for buying so the price will not dump even the bounty hunters sell it. And other reason is sometimes the ICO just faking the sale and just selling it once its listed in exchange and sell it to all supporters.

I think all project can't maintain their token price since it's back to market. And for bounty hunter who sell their all token won't mske price dump so deep since the amount of token from bounty only less than 5% from total supply.

Quote from: onyek16M on January 13, 2020, 10:41:22 AM

Quote from: timmmers on September 05, 2019, 03:57:23 PM

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.

Your point of view? Cool

what the meaning cause that ico die?

Not reached softcap i think

onyek16M

sr. member

Activity: 812

Merit: 250

Quote from: timmmers on September 05, 2019, 03:57:23 PM

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.

Your point of view? Cool

what the meaning cause that ico die? you alright about participants of bounty sell their coins it will make coins dumped. but it not one and only reason that make ico die. if the coins of ico really interest and have potential, the trader will interest and buy it such some coins of ico many trader buy the coins because the coins have good potential

nonbody

hero member

Activity: 826

Merit: 501

2local[IEO] - https://2local.io/

I think that either side is likely to cause a sell-off situation. If the market conditions improve, this situation is rare.

Rodeo02

hero member

Activity: 1302

Merit: 577

avatar and signature space for rent !!!

Quote from: janggernaut on January 12, 2020, 06:13:22 PM

Quote from: nonbody on January 12, 2020, 10:41:17 AM

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token

Because they cant manage to maintain the price they dont add support for buying so the price will not dump even the bounty hunters sell it. And other reason is sometimes the ICO just faking the sale and just selling it once its listed in exchange and sell it to all supporters.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: nonbody on January 12, 2020, 10:41:17 AM

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token

nonbody

hero member

Activity: 826

Merit: 501

2local[IEO] - https://2local.io/

The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.

superving

full member

Activity: 938

Merit: 101

Quote from: forexandcryptoauditor on September 22, 2019, 01:59:17 PM

Project itself is responsible for the dump. Dump is only because of early or private investors as they buy the town with nearly the half price of ICO or IEO.

i agree with you on that, bounty hunters cant make a dump and i believe team and investors are suspects of dumping coins when they see that the project has no future.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: shoreno on November 21, 2019, 02:53:36 PM

Quote from: Lanatsa on November 21, 2019, 12:09:08 PM

As usual, bounty hunters would always took the blame when it comes to price dumps.

not really . there arent the number one reason to be blamed of when price dumped because they are only known to work for the bounty and they often recieve delayed payment plus most of them wont sell for a cheap price because they work for a long time but investors and whales are the real main reason that we blame because that is thier job , thier mainly sell and manipulate the prices . infact hunters can make the price up because they are promoting the project to get exposure .

The bounty hunters work for promoting the projects and popular projects easily can achieve the soft cap during token sales. The delayed bounty distribution is the reason why bounty hunters become angry and they want to get rid of the bounty tokens while prices are not dumped. In 80 percent of the new listing, the random dump is not surprised by the early investors and bounty hunters is not surprise anymore.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Lanatsa on November 21, 2019, 12:09:08 PM

As usual, bounty hunters would always took the blame when it comes to price dumps.

not really . there arent the number one reason to be blamed of when price dumped because they are only known to work for the bounty and they often recieve delayed payment plus most of them wont sell for a cheap price because they work for a long time but investors and whales are the real main reason that we blame because that is thier job , thier mainly sell and manipulate the prices . infact hunters can make the price up because they are promoting the project to get exposure .

Topic: My opinion about dumps caused by bounty participants. (Read 4641 times)