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Topic: My opinion about dumps caused by bounty participants. - page 5. (Read 4641 times)

legendary
Activity: 2492
Merit: 1018


Its not just the bounty hunters, they are even the last to dump because the team distributed the bounty tokens after 3 months or 3 months after the coin is listed to an exchange. Bear in mind that investors does get some 20-30% discounts as they are early investors of the project. This discounts alone are already profit to them when they dump the first day in the market. They can also buy back after 3 motnhs using the profit they got while the price dips to -80%.
full member
Activity: 317
Merit: 100
https://leasehold.io/
The bounty hunters put pressure on the exchange, creating a dump that makes the project lose value. However, I think that for some projects they did very well with the issue of the value of listing exchanges. Unable to criticize the bounty hunters, they worked professionally, took a lot of time and effort, they needed money for their lives.
member
Activity: 893
Merit: 43
Random coins :)
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
This might be true but there are several counter measures to help keep price afloat.
The project team can either
  • put aside some money to buy cheap coins from its bounty hunters to target dumpers
  • distribution of tokens can be done in phases to protect investors
  • they should also avoid distribution of coins to investors and bounty hunters at the same time
copper member
Activity: 714
Merit: 5
Why not consider private investors, how many% of total supply do they own? How many times are they discounted? Most projects are distributed to the last bounty hunters, so don't blame the bounty hunters.
cuo
full member
Activity: 560
Merit: 185
Many people blame bounty hunters as the perpetrators of the collapse of the price of a coin in the market, the 2% -5% allocation is not a big number to destroy the market, I see that there is a game behind developing a project. many early investors buy at a low price and sometimes sell it because the price in the market is more expensive and the developer doesn't buyback, besides that I have experience that "BOT" on an exchange will worsen the price of coins.
sr. member
Activity: 1176
Merit: 265
Many people do not understand offer and demand, how it really works.

You must mean supply and demand.

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

It's true but if the coins survives first dump the price sometimes goes up. Many people made money by buying into bounty hunter dumps because they were so into getting some money for their work that they ignored what the coin was about and that it could really be valuable and have a big community.
I am sorry, I didn´t know how to say it in english, so I translated in by google. Google translator not always provide the best result  Cheesy.

But if you mean a supply - number of coins in supply, then we do not understand each other.
I am talking about number of coins that are offered to buyers, and if there are a lot of coins to be sold and there are not enough buyers for all coins, then price is dumping.  Cool
jr. member
Activity: 59
Merit: 1
that is the reason why they sell because if the coins do not have enough buyers then they will suffer losses because there may be people who sell while they want to wait for another purchase
lucky if the bounty hunter can get a good project but if not then they will also be the losers when they decide to continue hodling
if you already know how all of this works then I suggest that you don't waste the opportunity while your coins have a good price
because you know very well that bounty hunter is a dumper so sell first before bounty hunter sells
that's my advice and opinion
sr. member
Activity: 1008
Merit: 355


Dumping are not just done by bounty hunters but more so by token holders especially if they can already be gaining some profits or if they feel that the project is not really worth to hold on. Like what you said, 2% of the token supply can be a force but what about the other 98%...are they not the much bigger force? Good thing that right now there are now proven ways to counteract dumping...by releasing the tokens for bounty hunters weeks after the token can be found in many exchanges which can mean that bounty hunters are left with almost valueless tokens at their hands.
hero member
Activity: 1361
Merit: 506
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 have same opinion. Private investors are buying with 50-100% high bonuses. Even they earn just few % by selling tokens after token listing, they earned.
While retail investors and bounty participants are loosing with every price dump. And other important factor is that most of recent bounty campaigns lock bounty tokens for few months. So how can they cause a dump then?  Wink
full member
Activity: 980
Merit: 109
I think that participants in the bounty campaigns cannot influence the market. Early investors and overpriced buying bonuses have a much more negative impact.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
What's been allocated to bounties were very small in percentage when compared to the supply of the respective token. Another thing, even the participants weren't paid with the rewards once after the ICO sale or the promotion is over. This small percentage might make a small impact on the market value of the token. Dumps were mostly due to the improper development and funding to the project.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Guess you're OK with people dumping their coins whenever they want?
Well, dumping won't be a big problem for developers who already have their funds in  established cryptocurrencies. I noticed that many project developers don't even care about dumping once they are funded successfully through ICO or other means.
Developers who solely rely on increase in their coins price for funding could easily run out of fund once the coins are dumped.
sr. member
Activity: 1050
Merit: 252
2% from total supply could be huge dumped indeed If all of bounty hunters selling their coins at the same time through an one exchange especially if buy support lower than sell support possibly the price will hard to be pumped again and if we facing the situations similar like this then the key probably to the investors itself that if they decide to sold too their coins then possibly the price will hard to bounce back
When investors who have a huge bonuses seen that bounty rewards has been dumped for sure they will also the same knowing that what they've got inside their wallets are enough to earned profits, it will be a hard time for the project to bounce once both bounty and early investors will sell together, even there's a support budget from the team it will still be uncontrollable.
full member
Activity: 1946
Merit: 112
I do not think that participants in the bounty companies are to blame for the drop in the price of tokens after the ICO. As noted above, on average, about 2% of tokens are allocated to a company's bounty, and if suddenly, and as often happens, there are few buyers, this most likely means that this token and its project are of no interest, and now you need to figure out why going on. Personally, I see a problem in the team itself, which launches the project and offers tokens. If the team is not interested in maintaining and developing the token itself, then we can safely say that its price will go down and it will not be interesting. And for that matter, and someone believes that the bounty participants are dropping the price of a token, then let them pay not in tokens, but for example in ETH.
member
Activity: 518
Merit: 28
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
Only projects with no real use case will face such failure on exchanges,if the project is good enough there will be demand for the coin or token on exchanges its been listed on,bounty hunters need to think twice before promoting any project and the only way is better research,stay away from projects with no real use case
jr. member
Activity: 420
Merit: 3
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
Have you ever tried to ask yourself why there are no adequate buy orders when a coin is listed?
This is what ought to have been addressed before launching a project and before listed its coin on exchange.
A project with no working project might suffer from such setback. Investors PR users may not have reasons to buy the coin, because it has no use.
sr. member
Activity: 630
Merit: 250
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

Have you considered it from the angle of early investors dumping their tokens especially those investoes that bought during the pre-sale stage with bonuses of 10-30% off. The hunters allocations aren't that huge and hardly before you see a project distribute bounty tokens immediately after crowdfunding of a project is over.

Here's a proposal which might work to prevent dumping as understandable if there aren't enough buying support, hunters selling their tokens will surely bring down the price value of a coin. The proposed strategy goes like this, distribution should be done in batches also there should be a break of 15-30 days between each distribution date. Some projects already using this technique are recording a successful. Irrespective of all these, a shitproject without any real value will still lose price value whether or not they get dump by hunters.

Exactly! Bounty allocations nowadays are much lesser than before that its impact once dump will be almost negligible! My hint is that the teams are also dumping their tokens /coins on the market alongside with early investors and often bounty hunters are usually blamed for the sudden price crash. We must also remember that not all bounty hunters prefer to dump their tokens / coins right away especially if they believe on the merits of the project.
member
Activity: 406
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
I disagree with your opinion, in my opinion the first is because of the greed of investors trying to dump tokens as low as possible and want to buy more as much as possible. But we are currently in a long bearish trend so that all investors do not want to take too much risk, the two projects or a good team will not let the price of tokens be dumped for a long time. They got a lot of money from the ICO why didn't they want to buy the price of the token which dropped 50%-80% from the ICO price even though the bounty hunter allocation was only 2%-3%. If they buy tokens at a price below 50% ICO price with a token allocation equal to 2% tokens it won't be their financial problem
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
think again. did they just buy the token and not use it? Well, if not, of course, because a project works not according to what they want. when a project develops for the better, or in accordance with the concept, then people who are interested in the concept will buy it again.

I think bounty hunter is quite influential in price because sales are done at the same time. however, if the project is made based on user needs, I think, the price will slowly go up again because many people want to use it. it's not just buying and selling, but how useful the project is for most people.
hero member
Activity: 1904
Merit: 541
THere are some project who always throw the blame to bounty hunters when it came to market price.
Those people are brainless, in every token percentage bounty budger is the smallest.
A very little percent of the whole pack. for me they must focus more on how they will handle the private and early investors.
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