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Topic: My opinion about dumps caused by bounty participants. - page 4. (Read 4641 times)

full member
Activity: 1190
Merit: 111
If investors really trust and like the project then it is good for them to see the price dumping once listed.
They can get more of it at very low price. Don't under estimate bounty hunters as most of them know the market.
If the project are worth holding the coin becauses the team is good and the development is great then why they will sell?
Bounty participants never gets discount! they work for the token, and they have the smallest percentage among any groups.
hero member
Activity: 2912
Merit: 541
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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. Smiley
Your point of view?  Cool

I think the developer and the team will have a solution to prevent the dumps that will happen after their token listed on the exchanges. But if they don't have, then it is hard for them to keep the price is at a normal price because as you said, the price will going down deeper. I think that happens so far, and it's already happening with almost all tokens listed on the exchanges. If the project is a good project, then they will survive, and even they can pass the bad situations so the price can slowly to increase to the higher price.
jr. member
Activity: 113
Merit: 1
Yes that is true about demand and suply, how about the project owners having a buy back program that place them at an advantageous end of rebuying tokens, and either lock them for a period or burn them.
This acts brings about more invesors and helps to controll the market
hero member
Activity: 1582
Merit: 502
At some point you are correct because if the bounty allocation is quite large and all been distributed at once then it can cause dumping. I think the solution must be a vesting period where the tokens will be distributed in a portion every week or every month and so on.
Yes it is the right solution to overcome the dump done by Bounty Hunter, but we must not blame it entirely for Bounty's Hunter mistakes because we can also see the investors also immediately sell their tokens so that a dump occurs.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
I believe dump happens when buyers are lesser than sellers in the market. I believe we can not blame bounty hunters all the time for dumping because all bounty hunter does not sell instantly when listed. For price rise after listing project must have potential otherwise it will definitely fall even it is also true the projects launches on less popular exchanges are more likely to fail.
member
Activity: 445
Merit: 10
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I don't think that's the dump of the bounty hunters. If a project is really potential, when they pay the token to bounty, they don't have to worry about their dump.
because a potential project will have a great buying power and 1% - 2% will not be a problem.
Besides, it is the effort of those who have tried to market the project to get certain achievements, so why do you blame the bounty hunters?
member
Activity: 700
Merit: 10
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. Smiley
Your point of view?  Cool

Agree, but I think not all bounty hunters will immediately sell tokens after listing on the market. Most bounty campaigns give tokens to bounty hunters after 30 days to 45 days after the sales period so when prices fall when first listing, actually why not from bounty hunters who dumping tokens can be due to other factors
member
Activity: 462
Merit: 10
The price is dumping not because of bounty hunters, I mean not only, there are plenty of factors, the bear market is main,lack of liquidity of bad exchanges when listing
hero member
Activity: 1792
Merit: 728
I think that participants in the bounty campaigns cannot influence the market. Early investors and overpriced buying bonuses have a much more negative impact.
A good defense, in nominal terms, is indeed not possible by bounty hunters.
but the trading volume when entering the market is very risky to be dumped. bounty hunters can panic by selling to their bidders.
hero member
Activity: 1050
Merit: 501
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. Smiley
Your point of view?  Cool

Well, it's kinda true bounty sometimes cause huge price dump but only when the project is offering a huge amount of tokens as a bounty reward.
From what I notice about 70-80% of participate dump their token as soon as they receive the bounty rewards.
member
Activity: 882
Merit: 13
At some point you are correct because if the bounty allocation is quite large and all been distributed at once then it can cause dumping. I think the solution must be a vesting period where the tokens will be distributed in a portion every week or every month and so on.
member
Activity: 560
Merit: 28
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If the project have nothing tangible to offer e.g real use cases or working product atleast the 2% of max supply dumped off by bountyhunters can kill the value of the project in a very short period of time,its better to invest in good bounty projects and we still have holders that aren't dumpers just like myself
hero member
Activity: 3024
Merit: 745
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The locking of bounty participants' reward became popular so that the devs can no longer worry about their dumping decision. I don't feel that the bounty hunters can really cause a big dump these days especially if the volume of that coin isn't too big.
How can they dump if there's even a small or no volume.
member
Activity: 378
Merit: 10
I always disagree with opinions pertaining to the fact that bounty hunters always cause dump. Why always bounty hunters, bounty hunters are not cheap to be treated as such but should be treated with respect. Mostly, less than 5% of a projects allocations are pulled into a bounty campaign and how can 5% out of 100% cause a dump over the remaining 95%? Bounty hunters dump, team dumps and investors also dump so why blame hunters alone.
member
Activity: 553
Merit: 11
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. Smiley
Your point of view?  Cool

Price reductions after the ICO are listed in the exchange. Indeed because of the great sales and demand just a little. But if you blame the bounty hunter, I think wrong. This is not the fault of bounty hunters, because they get the tokens after doing the job. So it is natural that many bounty hunters will sell coins.

I focus more on project development if the project has high quality. I think the coin price will be attracted by many buyers. So the price can go back up.
legendary
Activity: 2254
Merit: 2406
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It should be known to all that bounty hunters are majorly concerned about cashing out from a successful bounty program. Investors could be willing to stay long and watch as the project unfolds, but bounty hunters are concerned about immediate gratification for the task done. The project should consider paying bounty hunters using btc or ethereum as against the tokens to avoid issues of dumping. This would also contribute to the reputation of the project.
Bounty hunters immediately run out of a project(sell)in order to cash out and see how much profit they can make for themselves, and you can't blame them since their contribution to the project was not through their cash, but their effort in advertising for the project.
But the bad side is that when a whole lot of them sell at any miserable price, it pulls down the price of the project and it's bad news for investors as they must have to be patient to see if the project recovers.

I do not see how ICO projects can pay hunters in btc, how then are they going to spread their coins all over the market, it would be a terrible idea if they did that.
copper member
Activity: 350
Merit: 1
It should be known to all that bounty hunters are majorly concerned about cashing out from a successful bounty program. Investors could be willing to stay long and watch as the project unfolds, but bounty hunters are concerned about immediate gratification for the task done. The project should consider paying bounty hunters using btc or ethereum as against the tokens to avoid issues of dumping. This would also contribute to the reputation of the project.
member
Activity: 532
Merit: 10
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. Smiley
Your point of view?  Cool

yes you're right, even without token bounty if there is no demand then the price will dump. so stop blaming bounty hunters for dump problems. what should be questioned is why after ico / ieo ends there are no more demand.
full member
Activity: 532
Merit: 108
There are different situations, it happens that immediately after ICO the project is cheaper than it was during the sale and the bounty participants can sell tokens to ICO  participants who believe in the project, because the price is lower than ico. And when the price drops and nobody buys out anything, in most cases the project simply rolled up the Ico results, but in fact nothing was sold.
jr. member
Activity: 686
Merit: 3
I think that participants in the bounty campaigns cannot influence the market. Early investors and overpriced buying bonuses have a much more negative impact.
I disagree with you. Early investors and those who bought with good bonuses can dump price in 2-3x, and bounty hunters can dump in 10-100x from sale price.
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