You are speaking my mind , i keep wondering why Team would use their hand to dump the price of their token due to a huge amount of bonuses given to early investors and turn around to blame Hunters?
After all i have seen several projects who locked Hunters reward for several months yet the price got dumped upto 500% or more below ICO price .
OSA is an example, they have locked hunters reward for several months now , their target is to lock for a whole one year . No hunter has sold OSA coin yet you wont believe that the price has dropped as low as 1000% below ICO price.
Tell me , what do those early investors stand to lose by dumping a token they bought at say $0.5 with 50% bonus when at $0.3 ? they are still in profit . meanwhile other investors later bought at same $0.5 without any bonus .
So this blame on hunters dumping token prices dose not really hold water . sometimes Team use that to deny hunters of their reward after labouring and advertising their projects for several weeks or month , this is not really fair and i think something should be done about it.
Topic: Stop Blaming Bounty Hunter! - page 8. (Read 9223 times)
Well the dump is not only because of the bounty hunters, bounty hunters allocation of token such as 2% of the whole amount of the token sold will not having a great effect on the price, the dump of the token price compose of many reasons, so blaming bounty hunters on dropping of the token price is not really good.
Yes, most of the companies will blame the bounty hunters, i think that is not the right just because the price is dropping because companies are not able to deliver what they mentioned in the roadmap. Yes, the price is dropping because of many reasons and it is not the right to blame the bounty people.
very good explanation, it is true that if I calculate the benefits they get from investors, it is very far from spending on bounty hunters, if I do, some projects pay more attention to investors' money than the quality of their own tokens so that dumps occur, those who do not care about the price of tokens and don't want to spend funds to buy back.
Reading through the comments I saw one that says hunters have multiple comments hence can initiate the dump. I want to react to it that that multiple account also is part of the total allocation to the bounty pool, if all investors care about their project, they should always initiate a buy back pool
some investors will not buy back the tokens that they have already sold, they have already gotten the benefits they want, especially for investors who have bought them at the beginning with big discounts. so they won't take it anymore.well, indeed we cannot blame investors as well as bounty hunters.
all of that goes back to the project developer, how they can maintain their project and make it successful.
Bounty hunters are scapegoats who can be blamed for anything. They are simply not protected by anyone. Projects, blaming the hunters for something, can cut bounty pool. It is beneficial to them.
What an irony. Though bounty hunters also have a very important role in expanding the network of the project. How is it possible for only a small allocation, mostly below 3% of total supply, can it affect overall prices? If the marketing strategy is good, the price will remain high even though the bounty hunters get their rewards in full (you must also have had a project like this). So you are right, maybe they are just looking for justification and scapegoat.
Bounty hunters are scapegoats who can be blamed for anything. They are simply not protected by anyone. Projects, blaming the hunters for something, can cut bounty pool. It is beneficial to them.
well i agree with this, as long as i have be bounty hunter the most token give to hunter by dev is not more than 5%, and some of them distribute it in turns, not at all in 1 day to avoid dumper.
so i think if the price dump, that project is not good at all.
But if the project can still survive and there is still demand and supply that occurs, then I think the price down is not a problem, because even though prices are dumped quickly after being traded I still believe prices will surge even though it takes a long time. so i think if the price dump, that project is not good at all.
Its bad when we do blame bounty hunters at times. Sometimes, the fault isn't theirs but other times I think the huge money or rewards they give to investors.
Whenever the price gets dumped in the market, there's always the blaming drama, when people received their token whether they are investors or bounty hunters, they should not question if they dump it or hodl it, but they should focus on giving updates about their platform, this will stop investors and bounty hunters from dumping their coins.
Bounty Hunter is actually a victim.
they work but there is no guarantee to get payment. a few months they worked and at the end of the campaign they got nothing because the tokens were locked and various adverse reasons.
True, because can they spend a long time to promote a project even if they dont know if they get a good rewards or payments, that do not know if what may outcome will be. Then until they will done to finished the project. they work but there is no guarantee to get payment. a few months they worked and at the end of the campaign they got nothing because the tokens were locked and various adverse reasons.
So most of the hunters now after the direct distribution token will be sold if there is a price if you just hold the token for the loss you will get, because the current project after entering the price exchange the token immediately falls instead of going up.
Good point they cannot blame their investors because they will end up blaming themselves because they are giving a very high bonus percentage to their early investors, so they have nothing left but go to the bounty hunters, there are times that the coins are being dumped even though the bounty hunters have not yet received their shares.
it is a double situation, on one hand if bounty hunters dump their coins, it could means a downslide in price, but it should be temporary, if the project is good, and there is a demand for the coin, you can see that on many tokens
but on the other hand, if there is no demand for the tokens, even bounty hunters with 3% could sent the token value to zero, but it is a lousy project then
Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.
I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.
Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?
$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?
Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!
Yes, sometimes we can even find whole threads dedicated to the fact that bounty hunters are to blame for the fact that the price of a coin falls. But this is shows that many people don't understand how the projects work and how things are arranged. In fact, even if we take into account that absolutely all bounty hunters simultaneously sell all their coins of remuneration (which in itself is unlikely), this will not bring down the price as much as we see very often. I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.
Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?
$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?
Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!
I agree with you, in my opinion the allocation for bounty campaign does not really affect the price of the coin after listing in exchange, which greatly affects the price of the coin, is a very large discount when doing a private sale or pre sale
We are working for them and they must pay for our work.
Stop complaining about the dump the coins cause we just only do our thing.
The reason why the project tokens value decreased is that they list on the bad exchange, so that's why people don't want to trade on that exchange but only just want to sell it.
Stop complaining about the dump the coins cause we just only do our thing.
The reason why the project tokens value decreased is that they list on the bad exchange, so that's why people don't want to trade on that exchange but only just want to sell it.
I understand that it is very unfair and highly unreasonable for hunters to dump the tokens as soon as it is listed for any penny, but it's their token and hardwork to do whatever they like with. Developers are also as guilty as hunters, they should provide a certain amount to buy back as soon they get listed to prevent the dump.
Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?
You got a point there. But, mostly those normies are having different thoughts about this. Whatever the reason is, bounty hunters most likely would get harassed because they don't give a shit with the project. Also, what would make bounty hunters getting blamed because they are usually breaking the rules of group chat and just spamming their shitty promotion in wrong place, which makes bounty hunters reputation becoming much worse.
You've got a good point there buddy. I think we need to understand first all the aspects on how an ICO works before we come up with any conclusion that will result in blaming one person to another.
I think the project team need to study first the pros and cons on giving bonuses and other promising discounts to investors that will affect the price of the token afterwards.
I think the project team need to study first the pros and cons on giving bonuses and other promising discounts to investors that will affect the price of the token afterwards.
The projects which keep on blaming bounty hunters for anything happening to price of their coin are those who run ICOs w/o any knowledge. They just mismanage their project and start blaming bounty hunters as its easy to do it. If I go back to late 2017, many coins that were sold by bounty hunters early rose like anything within couple of days. It depends upon the overall sentiments of the market. If there is any project with good background its coin shall surely rise in a short or after sometime.Projects should concentrate on their product instead of blaming bounty hunters.
We are working for them and they must pay for our work.
Stop complaining about the dump the coins cause we just only do our thing.
The reason why the project tokens value decreased is that they list on the bad exchange, so that's why people don't want to trade on that exchange but only just want to sell it.
Stop complaining about the dump the coins cause we just only do our thing.
The reason why the project tokens value decreased is that they list on the bad exchange, so that's why people don't want to trade on that exchange but only just want to sell it.
Well,,, if you must continue to do your thing,,, then do not complain when they do not want you to do your think. Bad exchange or good exchange, you think listing on Binance or listing on Yobit makes a difference to the dumper? They just dump if the price is good. All that matters is price.
That is common mistake of projects it is like a stereotype that they always blame bounty hunters of token dump. Lets say some are doing that but it wont affect that long. Price will still depend on the market and it is not even a valid excuse if they say so. They need to have a strong community of hodlers for the success in price.
Unfortunately this is the perception many has towards bounty hunters thinking hunters are the major reason why price dump in any project that host a bounty, but in reality that is absolutely not true, bounty are usually allocated %1 of total supply or to 1% of token sold, how does this small fraction of allocation able to suppress price? Unbelievable.
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