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Topic: My opinion about dumps caused by bounty participants. - page 6. (Read 4649 times)

member
Activity: 798
Merit: 14
Projects should cost bounty allocation in liquid tokens of Eth or Btc or Xrp or Eos and not their native tokens. If payment is made in other listed know tokens their native token price won't be dumped in the market after bounty payout. Also there should be high utility for every token as such hunters will like to hodl for a while.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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
There's really going to be a huge selling pressure that's going to happen, even if it's only a small percentage, but there are investors and those early birds who expect dumps and they are the one that will likely buy the token, provided that the project is good enough.

Investors know that when a coin hit the market, it will be 20 to 50% lower because of early buyer who got a bonus or bounty hunters who want to sell their coin, they are the one most likely to buy the token.
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
My point is that, there is a small portion that affects the dump price of  tokens, why? because bounty tokens were released right after few months of being listed in exchanges, so it does not mean that bounty hunters are the cause of the dump, hence, i agree its all about the offer and demand.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
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.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
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
This is one of the reason why we are seeing most of the eth tokens now that are almost worthless in value.
Back in 2017, I am actively participating in bounty campaign, was able to sell some of my reward and also keep some thinking it will grow and rise more in the future. In 2018, the struggle begins but I still don't sell and I notice that slowly the value is dropping but since I don't panic I never mind it.

I realize that when the market is bad, meaning more sell orders than buy orders, it's a bad time for a project that will dump even if a small percentage because those times, people aren't interested to buy, they will play safe with coins with high liquidity.
legendary
Activity: 2996
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
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
newbie
Activity: 76
Merit: 0
Those are just bad projects, good projects will never let prices collapse quickly
legendary
Activity: 3038
Merit: 2162
Your point of view?  Cool

My point of view is that any coin that has bounty is automatically a shitcoin, because if it was anything serious, it would have attracted millions in investments and the devs would be able to hire a proper marketing team. Instead they rely on cheap work that they hire for nearly free - a red flag for any company. Of course having proper marketing doesn't necessarily mean that a coin is not a shitcoin either, but it would at least survive longer.

So, with or without bounty hunters dumping their rewards, ico investors are still going to lose money in the long run.
hero member
Activity: 2856
Merit: 667
This can be controlled if the team will find a way to minimize the dump, the best strategy to minimize the dump is not to release the entire bounty at ounce. Of course, once the bounty hunters already have their reward, they would not mind of the current price or of the possible effect in the market if they will dump, they just want to cash out and enjoy their earning even if it's lower than what they are expecting.

The bounty hunters will understand if the team will decide to divide the distribution into stages, at least they will received even in a staggered basis.
hero member
Activity: 2268
Merit: 588
You own the pen
That's why most of the Project release their bounty payment after 2-3 months because they feared this kind of scenario where the coins they are offering is dump at an alarming rate.

scenes like this are normal in this industry only who knows to ride the wave will survive because the dumping of the bounty participants are unstoppable lets say there will be 100% of participants who holds the coins only 10% will hold it for long the other as soon as it hit the market they will sell it even the price is not good they will not care at all.
member
Activity: 560
Merit: 14
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 doesn't explain dumps caused by anyone. However it would be extremely hard to find an ico where all bounty members would dump the coin at the same time some investors also can work at bounty hunters and has a better thinking about the ico
copper member
Activity: 336
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

I think you under estimate investors here. I mean they know everything about bounty hunters selling right after the coins is listed on an exchange. Others bought when dumping are done and then hold. But the problem with that strategy is that we are in the bear market and people are not that stupid. And for those who bought prior, I'm sure they will also join the dumping spree here because they wanted to get their profit so that they can reshuffle their funds around, no holding for now in altcoin market.

I agree with you, its quite difficult to see anyone willing to wait too long for the project development to unfold and the value of the tokens increase. Every investor is in it for the money and are calculative as to how they can benefit maximally. The dump of the tokens after the listing is caused by virtually every holder irrespective of their description. Projects whose value are doing well in the market would barely release bounty tokens, most would release in batches and bounty hunters may have to wait for several months to get all their tokens. I understand that this strategy is also to reduce the dumping of the tokens.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
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


Yeah it's true they do cause pressure in the exchange .that is why projects now a days release the bounties after the project has been listed in the exchange and in parts distributing it over several months
full member
Activity: 938
Merit: 137
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, your opinion has a certain meaning. If a new token first appears on the exchange, it is possible that at first it drops in price due to the fact that by this time consumer demand is mostly satisfied. Moreover, those who wanted to buy these tokens received them at big discounts. In addition, it should be borne in mind that a certain part of early investors bought tokens with these significant discounts just for the sake of a quick sale at the ICO price, and therefore the dumping of tokens is inevitable. Therefore, do not blame all the blame for the token drop during this period on bounty hunters.
hero member
Activity: 1792
Merit: 728
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
Good opinion, this is a reasonable reason. Why is bounty hunter always forbidden to get a token at the beginning of distribution and why is bounty hunter always a suspect of falling prices ..?
because they try to sell it cheaply and destroy trading vol.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
maybe i should quate if that situation will be happening when there was no a lot of buy orders and that means a big spread between the sell and buy orders. That's why putting a small hardcap to give a lot of room to grow for coin is a must. The developer must not be greedy to grab a lot of money as much as they can if they can't even attract a lot of next buyers.
My point was in the developer team and at least this team can create a buy back program to prevent the dump that will be affecting the price of token but the dev is so greedy and that's the main reason.
legendary
Activity: 1890
Merit: 1003
The supply and demand are the two main drivers of the market price if one of these variables change then expecting the price movement is fair enough. The demand can be higher in the different time frames but the supply should be thought before joining the new market trend.
hero member
Activity: 1260
Merit: 510
It depends on demand of the token itself, and not every project is out of demand after the token sale. For example, a project that holding an IEO and has been sold out, after it's listed on exchange of course the demand will be high. And you also need to know, not every single of bounty participants are planning to sell their token directly on exchange, some of them also willing to hold and make them as an asset.
legendary
Activity: 2464
Merit: 1140
duelbits.com
It's true but if the coins survives first dump the price sometimes goes up.

When the coins come from good projects with potential MVP, we shouldn't worry if the prices go down sometimes. Even if the bounty hunters dump the prices, it mustn't last forever and will have a chance to increase.

Many people made money by buying into bounty hunter dumps

Of course, they must be attracted to the lower prices. Many people just wait for dumps to buy IEO or ICO coins nowadays. So, they put aside money for that moment, not buy in IEO or ICO phase.
member
Activity: 406
Merit: 10
No bounty hunter that believe in a project would sell of their tokens and no good project will dump because of bounty hunters because if people actually believe in the project there would be more demand than what the bounty Hunters have to sell.
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