My opinion on Airdrop or Bounty hunters who dump token after the campaign

Oilacris

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Quote from: Chrystora123 on November 14, 2020, 12:36:55 PM

Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

snip..

it is your right to sell or be a "DUMPER" in the token/coin that you get from joining the bounty program. There are only two possibilities if you do not sell tokens/coins that you get from the reward is :> someone else who becomes "DUMPER" or the token/coin will become useless (shittoken/coin) in the future..

No one can really stop you on doing to do so yet we are aiming on making money so its just right to sell of those tokens once you had able to receive that one.

Also its always the bounty hunters do took the blame when the price had dumped when it gets listed without even thinking that the main dumpers are the investors itself.

Try to look back on how much token they do allocate only for bounty and talking that they are the main dumpers? Pathetic kind of thinking.

Its up to us if we hold those tokens being paid to us specially if we do saw that it does have potential but most of the time we are aiming for making money.

Chrystora123

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Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

snip..

it is your right to sell or be a "DUMPER" in the token/coin that you get from joining the bounty program. There are only two possibilities if you do not sell tokens/coins that you get from the reward is :> someone else who becomes "DUMPER" or the token/coin will become useless (shittoken/coin) in the future..

ronaldo40

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They have the rights to sell it or dump it. It's their reward after all maybe they just wanted to have secure payment since they have been in the bounties for long time and seen how many tokens or projects that goes to waste in short time so while there still a value sell it.

Wapfika

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Quote from: pealr12 on October 27, 2020, 11:26:09 AM

You cant dictate what the hunters will do on thier bounty reward, every hunter has thier own reason why they sell their token. Maybe its for emergency, or they think that the project isnt strong enough to continue thats why they dump thier token.

It will be better to sell than to hold and wait till its lost it's value. It's natural in other altcoins that the price get low or lose it's value since many still wanted to invest in top altcoins however if we see how dedicated the tea in developing their project sometime I intend to jsut hold till they got noticed by many,.

shinratensei_

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Quote from: ?? on ??

Many hunter gonna make hold if those projects good. You can search about DIA bounty because many hunter still hold on it. Actually hunter go to work for earn money so at showing anytime we need money. Although work and money this opinion for 80% hunter so we can't thinking.

They will and so many people who have received the bounty from the promising coins are still holding their coins. As far as i know, more than 50% of bounty hunters in DIA campaign are still holding their coins.
I can't deny that the dump by hunters will be affecting the price if there's not volume.
The main problem should be on the daily trade volume. If there's a huge volume and it will not give any impact but otherwise if it will become a very bad thing for sure when the volume is very small.
What plays the main role to prevent the dump was the volume.

coin-investor

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Quote from: ?? on ??

Quote from: jrrsparkles on October 30, 2020, 01:46:15 AM

Too much of work for bounty hunter with no real benefits of doing it so its better to se their token rewards for some coin which is nit going to do useless things like swap.

If you end up getting nothing then it really feels sad and there is no doubt about it. I think it should be a mix of both like btc and their token so that even if their token does not do well atleast on safer side will have some bitcoin which does have value and as a reward of working it will be helpful rather than just giving 100$ of their coins only.

I have high regards for projects who did this, but they are rare the last campaign I've seen that pay Bitcoin on their campaign, signature campaign specifically was Amepay, they still running a bounty campaign and they are now paying with their own token, and there's a possibility that the project will have potential in the market, I hope more bounty campaign in the altcoin section will pay hunters Bitcoin or even tradeable coin.

makishart

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Quote from: pealr12 on October 27, 2020, 11:26:09 AM

You cant dictate what the hunters will do on thier bounty reward, every hunter has thier own reason why they sell their token. Maybe its for emergency, or they think that the project isnt strong enough to continue thats why they dump thier token.

At least there must be a batches system for the distribution. This could decrease the possibility for the market to get the instant dump but in this case, the team was also putting too much token in the market too. That means if the price of token can easily be dumped caused by these tokens were distributing at the same time.
The team is a party who has been mistakenly putting too much amount.

safari88

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that's true they wanted money so they will sell it no matter what price it is. it's not new in bounty campaigns if you give a lot of coins to bounty hunters expect a huge dump of tokens on the first phase after the listing of tokens but if the project is good i'm pretty sure the price of those tokens will increase.

Slow death

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Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

This is the way I understand this kind of situation.
Any dumper needs money.. Thats it.
Or what do you think?

I think everything is summarized as follows:

1 - the person did a certain service

2 - the person received their payment

3 - the person has the right to do whatever he wants with his money

it is not a question of whether the project is going to a major dump or not, it is a matter of committing to paying the bounty hunters and the bounty hunters have the right to do whatever they want with the money they received

jrrsparkles

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Too much of work for bounty hunter with no real benefits of doing it so its better to se their token rewards for some coin which is nit going to do useless things like swap.

JeffBrad12

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Quote from: btcltcdigger on October 27, 2020, 05:22:26 AM

I did A LOT of bounty hunting during 2016 and 2017, and my mindset was HODL. They will pump, and i'm gonna get rich.
Boy was i wrong. Altho some (like 5% of them) did pay out bigtime after about a year or so, most of them didn't.

I'm now stuck with 200+ different tokens in my wallet, which are worthless. And if there is some shady market for them, like FD, it costs more to sell them than they're actually worth.

Nah... that's what im thinking about that. I remember when people who called utrust as a scam because it was getting dumped so hard and now it's going to the moon and even gets listed on binance. What about that? a strong project deserves more trust from us. Remember about JRT, the team needs almost a year to distribute the bounty each of the hunters has been getting more than 10k USD.

that's worth our patience.

Quidat

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Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

I've seen some projects who changed contract address and did a complicated token swap after thier airdrop or Bounty. So, anyone who is holding this coins will be left with a useless version of it. And most of them don't know because they are already following other projects as a bounty hunter.
An Example of these kind of projects is tratok who did token swap more than once. And left many holders hoping on useless tokens.

So many hunters who believed in these kinds of projects will always say some sort of bad words to people who sell their token.
But Wait Please.
Are they hunting bounty to hold or live with the payment?
As for me, I can only do a bounty to use some of my payments and not to hold all.

Although some might prefer to invest thier time instead of money to get some tokens to hold but no one need to blame the ones who dumped. Although, dumpers can make price fall more than expectation. But no ones knows anyone current condition or situation.

This is the way I understand this kind of situation.
Any dumper needs money.. Thats it.
Or what do you think?

Why would bounty hunters do took all the blame when it comes to dump? Why not consider the investors itself on such common scenario?
Main dumpers are the investors and considering the amount given or allocated to bounties then you can say that it wont really be affecting that
much yet 1% max on total supply isnt really that big for people to worry but this had been the norm where bounty hunters are the main dumpers.
In talks about swaps then someone should really be keen on being updated on what are the developments or announcements that had been made on
to their previous bounties that had participated because it would really be such a waste if you do just slip those info's which you can
possibly make money out of it.

Rabi3

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Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

I've seen some projects who changed contract address and did a complicated token swap after thier airdrop or Bounty. So, anyone who is holding this coins will be left with a useless version of it. And most of them don't know because they are already following other projects as a bounty hunter.
An Example of these kind of projects is tratok who did token swap more than once. And left many holders hoping on useless tokens.

So many hunters who believed in these kinds of projects will always say some sort of bad words to people who sell their token.
But Wait Please.
Are they hunting bounty to hold or live with the payment?
As for me, I can only do a bounty to use some of my payments and not to hold all.

Although some might prefer to invest their time instead of money to get some tokens to hold but no one need to blame the ones who dumped. Although, dumpers can make price fall more than expectation. But no ones knows anyone current condition or situation.

This is the way I understand this kind of situation.
Any dumper needs money.. Thats it.
Or what do you think?

i kinda agree with you, people have different situations and reasons to dump and sell at cheap price,
but i think the real problem is bounty hunters with multiple accounts, they would sell their combined
tokens from their multiple accounts on the lowest prices, which can get them a guranteed small amount that they find enough for them
it's so hard to prevent people from entering bounties with multiple accounts, they'll always find a way

Shallow

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When you get rewarded for promoting a project or participating in a bounty, what you do with your reward is up to you, no one can tell you what to do with it, just as no one can advice you on the coin to invest in, so that when you decide to hold and the price becomes terrible you blame no one and also, when you sell and the price goes up, you have no one to blame as well.
However on the other side, only few new projects can be trusted to the extent of believing they will pump when holding them, a whole lot tends to disappoint heavily, hence the reason a lot of hunters sells their rewards immediately. Also, changing of smart contracts or token swap is another thing to look out for, because it won't make sense that you are holding a token because you trust it, only for the team to carryout token swap.
To be frank, there are indeed many reasons why people sell their rewards and they are entitled to their opinion towards it, Moreover a good number of new projects nowadays are not reliable hence due diligence is always advised.

vlast01

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Quote from: Cryptoababe on October 26, 2020, 08:09:20 AM

I've seen some projects who changed contract address and did a complicated token swap after thier airdrop or Bounty. So, anyone who is holding this coins will be left with a useless version of it. And most of them don't know because they are already following other projects as a bounty hunter.

Its really sad to say that if there are lots of projects that are now ongoing will do these swapping of tokens as payment it will really ruin the cryptoworld specially these forum and may damage the overall reputation if cryptocurrencies.

Quote

An Example of these kind of projects is tratok who did token swap more than once. And left many holders hoping on useless tokens.

I really want to bring back the past at the tear 2017 in which scammer are much less than and only phishing site are the threat.

Quote

So many hunters who believed in these kinds of projects will always say some sort of bad words to people who sell their token.

And yet still unsolved ... On my years of participating different campaigns I already collect numerous token and only few has its value. Its really shame that this tokens will stacked at my wallet and hoping to raised or even got its value sometime.

Quote

But Wait Please.
Are they hunting bounty to hold or live with the payment?
As for me, I can only do a bounty to use some of my payments and not to hold all.

Although some might prefer to invest thier time instead of money to get some tokens to hold but no one need to blame the ones who dumped. Although, dumpers can make price fall more than expectation. But no ones knows anyone current condition or situation.

As of now i do the hodling and trading and participating on a single campaign the profit is not that huge but still i can manage to gain an stable profit from these.

Quote

This is the way I understand this kind of situation.
Any dumper needs money.. Thats it.
Or what do you think?

Dumping tokens is part of crypto worlds market cycle so I don't have much argument and problem on that. But scammers are scammers hope they hit their Karma soon.

Jocuserious

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First of all why i gonna hold a token? Why and how much time i need patients. If a project roadrun very clear then we should hold long time because it has profits chance but if we received shitcoins from a bounty then no need hold. Just go and sell because a shitcoin never make you gain so don't spend your money and time in shitcoin.

stomachgrowls

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Quote from: btcltcdigger on October 27, 2020, 06:50:59 AM

Quote from: Kupid002 on October 27, 2020, 06:48:29 AM

Quote from: btcltcdigger on October 27, 2020, 05:22:26 AM

I did A LOT of bounty hunting during 2016 and 2017, and my mindset was HODL. They will pump, and i'm gonna get rich.
Boy was i wrong. Altho some (like 5% of them) did pay out bigtime after about a year or so, most of them didn't.

I'm now stuck with 200+ different tokens in my wallet, which are worthless. And if there is some shady market for them, like FD, it costs more to sell them than they're actually worth.

I know why you think it will work because you see that it work to others that earn a lot for waiting too long before selling . And you are hoping that kind of profit will also happen to you. thats why you decided to hold your airdrop coins or bounty rewards hoping that it will make you rich someday. Which is in reality its just a false hope of people that looking away to be rich .

Exactly, that's my point. Nowadays i hardly ever participate in altcoin bounties, or only in those with established projects already holding value. Like lets say EOS, DOT etc..
The rest is just wishfull thinking. But in the end, you never know, even some stupid projects were worth a lot in 2017 bull run

Reasons on why we do still have that kind of glimpse of hope due to the things that we had seen in the past.We can really say that it is indeed possible for someone to get rich because of their bounty holdings
or some sort with shitty tokens out there where they did really have the chance to pump out thats why i cant really blame out people who do really held off their coins and having those kind of hopes.

This is why i do really say that bounty tokens do really need some sort of luck on someone for them to get some significant amounts of money.Its on random basis and youre right that even
on the shittiest project that we have seen where they do able to get better value compared to those projects which do seem legit and relevant but we are wrong in most of the time.

Its really a matter of decision making neither if we sell off directly or tend to hold even longer just because of believing into something.

pealr12

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You cant dictate what the hunters will do on thier bounty reward, every hunter has thier own reason why they sell their token. Maybe its for emergency, or they think that the project isnt strong enough to continue thats why they dump thier token.

btcltcdigger

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Quote from: Kupid002 on October 27, 2020, 06:48:29 AM

Quote from: btcltcdigger on October 27, 2020, 05:22:26 AM

I did A LOT of bounty hunting during 2016 and 2017, and my mindset was HODL. They will pump, and i'm gonna get rich.
Boy was i wrong. Altho some (like 5% of them) did pay out bigtime after about a year or so, most of them didn't.

I'm now stuck with 200+ different tokens in my wallet, which are worthless. And if there is some shady market for them, like FD, it costs more to sell them than they're actually worth.

I know why you think it will work because you see that it work to others that earn a lot for waiting too long before selling . And you are hoping that kind of profit will also happen to you. thats why you decided to hold your airdrop coins or bounty rewards hoping that it will make you rich someday. Which is in reality its just a false hope of people that looking away to be rich .

Exactly, that's my point. Nowadays i hardly ever participate in altcoin bounties, or only in those with established projects already holding value. Like lets say EOS, DOT etc..
The rest is just wishfull thinking. But in the end, you never know, even some stupid projects were worth a lot in 2017 bull run

Kupid002

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Quote from: btcltcdigger on October 27, 2020, 05:22:26 AM

I did A LOT of bounty hunting during 2016 and 2017, and my mindset was HODL. They will pump, and i'm gonna get rich.
Boy was i wrong. Altho some (like 5% of them) did pay out bigtime after about a year or so, most of them didn't.

I'm now stuck with 200+ different tokens in my wallet, which are worthless. And if there is some shady market for them, like FD, it costs more to sell them than they're actually worth.

I know why you think it will work because you see that it work to others that earn a lot for waiting too long before selling . And you are hoping that kind of profit will also happen to you. thats why you decided to hold your airdrop coins or bounty rewards hoping that it will make you rich someday. Which is in reality its just a false hope of people that looking away to be rich .

Topic: My opinion on Airdrop or Bounty hunters who dump token after the campaign (Read 424 times)