Stop blaming bounty hunters - page 2.

Vishnu.Reang

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Quote from: Midy on June 07, 2020, 08:02:33 AM

the cause of dumping by prize hunters is only 3-5% because the allocation given to prize hunters is around 1-5%, so I think it has a big effect on coins when dump, maybe because the bonus is too big given to investors so they sell it when it already exists profit.

It is not even 1% to 5%. Only a very few projects allocate 5% for the bounty. In most cases, it is around 0.5% to 1.5%, with the median at 1%. And in almost all the projects, the bounty is transferred to the campaign participants after the tokens are listed in the exchange. So by the time they get the tokens, the price would have already fallen by 80% or 90%.

Midy

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the cause of dumping by prize hunters is only 3-5% because the allocation given to prize hunters is around 1-5%, so I think it has a big effect on coins when dump, maybe because the bonus is too big given to investors so they sell it when it already exists profit.

killerfrost

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Quote from: noorman0 on June 07, 2020, 06:49:35 AM

Quote from: Pomogator on June 07, 2020, 06:13:00 AM

More than half of the bounty participants join it to quickly earn a small amount of money. Therefore, it's not surprising that they immediately destroy the price of a coin. It's their right, they get their coins and do what they want with them.

What can bounty hunters do on prices with only a bounty allocation of 1 to 5% of total sales?

80% of the reasons for the price drop are because the project itself does not have good prospects. Investors have learned a lot about how to choose a viable project, otherwise be prepared to leave even if they get a good exchange.

The project collapsed because the market froze and there were not too many people interested in trading. So the altcoin's volume is not too much and if the bounty hunter sells all their tokens, it will cause the price to collapse. And for projects with liquidity, the number of tokens from bounty will not be too important, it will not be able to cause projects to collapse.

Kelvinid

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win lambo...

It is really disappointing to see that a certain project had fallen apart and can't even have time to recover. And that was hurt when the team, project developers, and also investors will put blame into hunters which I think they are not the ones who could be pointed out to this case. Hunter has only had a few shares than of investors as we know it and even they sell their shares it won't make a huge impact on the market unless if investors will dump their shares.
If their project has that potentiality and has a working product, and also listed to reputable exchange, it surely never happen to them. But somehow, most projects don't look that way and they let this thing happen.

noorman0

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[Nope]No hype delivers more than hope

Quote from: Pomogator on June 07, 2020, 06:13:00 AM

More than half of the bounty participants join it to quickly earn a small amount of money. Therefore, it's not surprising that they immediately destroy the price of a coin. It's their right, they get their coins and do what they want with them.

What can bounty hunters do on prices with only a bounty allocation of 1 to 5% of total sales?

80% of the reasons for the price drop are because the project itself does not have good prospects. Investors have learned a lot about how to choose a viable project, otherwise be prepared to leave even if they get a good exchange.

Pomogator

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Quote from: ?? on ??

Quote from: AnhEmXe on June 07, 2020, 12:03:37 AM

no one to blame. the purpose of getting tokens is of course to be sold and profit from it. A reduction in the price of the token after disposal is normal.

If there is no one to blame, then the truth will never exist, indeed in economic terms Decline in the price of tokens after being discharged is normal, but this certainly can also be prevented by the team in accordance with their respective abilities, because basically everyone do not want to reduce prices on any tokens.

More than half of the bounty participants join it to quickly earn a small amount of money. Therefore, it's not surprising that they immediately destroy the price of a coin. It's their right, they get their coins and do what they want with them.

Tomohisa

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You need to look deeper because in some cases, the bounty hunters do have a fair share for the price fall on exchange. Those cases I want to talk about is when the coin hasn't moved from its bounty phrase so only bounty hunters could trade, buy and sell. So when the price fall, of course, bounty hunters are the only ones need to hold back their greed.

SyndicateLabs

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Quote from: Bitbtc8 on June 06, 2020, 12:36:27 PM

Let them blame bounty hunters, they have no one else to blame than us, if developers projects are good enough bounty hunters dumping their tokens will be least of their worries, there are other ways to control dumps like locks or monthly distribution, it's so annoying blame those who help your projects for dump

Projects that blame bounty hunters are scams and have no future. If their project is good and listed at major exchanges, I believe the price will never collapse when bounty is distributed. I even saw hundreds of projects collapsed before the tokens were distributed to bounty hunters

MCobian

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This is a harsh reality that is happening now, indeed most people blame bounty hunters if there are new projects that dump after being
distributed to bounty hunters. Though there are many causes that can make the price of tokens dump, even developers and investors
can be the cause tokens price dump. It's not fair to just blame bounty hunters, and it's best not to blame each other if there are new projects
that are dumping. It is better to make a special strategy that can make prices rise, because all the problems there must be a solution.

AnhEmXe

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no one to blame. the purpose of getting tokens is of course to be sold and profit from it. A reduction in the price of the token after disposal is normal.

princesspoppy

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As we all know, tokens allocated for bounty programs are not that much compared to tokens allocated for investors to invest in. There are many bounty hunters that do not sell at a low price and even wait for the token to pump up in the market. To be honest, it is the investors doing for a dump in the tokens. They are the ones manipulating the market in order to give panic to bounty hunters for them to sell at a low price that will be bought by these investors. It is a form of strategy for them.

Mpamaegbu

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Once a man, twice a child!

This is a three-way thing:
1. The team
2. The investors
3. The hunters

Any of the above three can dump. I have been a part of a project that the team locked up hunters' rewards and dumped on them as soon as the token was listed on the market. Investors are the worse off. They want to dump before others get to the market and then buy back at a ridiculous price. Well, my take on this is that if the project has utility it normally bounces back after a dump. It's really not a big deal, except that it requires patience to achieve a come back.

NS-Soul

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arcs-chain.com

Quote from: hushpupppy on June 02, 2020, 03:55:27 PM

The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.

But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.

Well it was not new for every drop of the campaign the blame was put into a bounty hunter, specially on the investor even if they are the one who dumped the token aside from that sometimes distribution of token was late so it was not possible that the dumper was the bounty hunter they are just putting a blame on someone even if it was not their fault.

dunfida

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Quote from: 7788bitcoin on June 06, 2020, 04:17:58 PM

Quote from: kawetsriyanto on June 05, 2020, 04:28:20 PM

Quote from: forexandcryptoauditor on June 05, 2020, 03:46:43 PM

if projects feel bounty hunters as dumper, they should reward in ETH or BTC so that their toke value can not be lowered due to selling of these.

Good idea, but it rarely happened. If they pay bounty hunters in ETH or BTC, they must need more funds. Only a few projects supported by established companies that are likely to do this way. or projects which have already had enough funds potentially choose this option. While projects which still have not enough funds, seem not to choose this way.

If the project is carried on by a reputed team with enough financial backing and if they are conducting giveaway to have more exposure for the coin or token then they could give everyone ETH or bitcoin but majority of the projects are here to get the funds to carry on with their dream project and to experiment where they are going to reach with the funds they collected and if the team is not able to fulfill in time investors will dump the coin before the developers dump them Grin

.

Thats why its important to spot it out on early phase and you can actually check it out if the said team is financially capable or just simply
depending into its investors itself just for them to make some further steps ex. marketing.Not all would really have the fund though thats
why they do launch up some ICO thats why i cant really trust that up since from the beginning but there were exception in some cases
depending if the project is actually ideal and realistic which you can really think of that it can really have that kind of potential.

7788bitcoin

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Quote from: kawetsriyanto on June 05, 2020, 04:28:20 PM

Quote from: forexandcryptoauditor on June 05, 2020, 03:46:43 PM

if projects feel bounty hunters as dumper, they should reward in ETH or BTC so that their toke value can not be lowered due to selling of these.

Good idea, but it rarely happened. If they pay bounty hunters in ETH or BTC, they must need more funds. Only a few projects supported by established companies that are likely to do this way. or projects which have already had enough funds potentially choose this option. While projects which still have not enough funds, seem not to choose this way.

If the project is carried on by a reputed team with enough financial backing and if they are conducting giveaway to have more exposure for the coin or token then they could give everyone ETH or bitcoin but majority of the projects are here to get the funds to carry on with their dream project and to experiment where they are going to reach with the funds they collected and if the team is not able to fulfill in time investors will dump the coin before the developers dump them Grin

.

Innocant

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Quote from: 10BTCaDay on June 05, 2020, 06:18:40 PM

Quote from: Innocant on June 05, 2020, 04:54:21 PM

Bounty hunters are only promoting the bounty campaign participated not to dump the price of altcoins in any exchange site. Actually most of the bounty rewards receive from a bounty campaign are still hold because of these the prices of altcoins are always dump, Ill think we blame of it is those people want to earn a small amount of altcoins.

it is really true. many bounty hunters get paid when the price is already very low and therefore they do not sell their coins immediately but they leave them for the long term holding

Ill think it is not the first we experience like that, Since the time participated in bounty campaign we bounty hunters are always be patience about the distribution because of they said a exact they promise but in the end the price of bounty rewards we receive are in going dump so much. And then most of in here said its because the bounty hunters fault.

Bitbtc8

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Let them blame bounty hunters, they have no one else to blame than us, if developers projects are good enough bounty hunters dumping their tokens will be least of their worries, there are other ways to control dumps like locks or monthly distribution, it's so annoying blame those who help your projects for dump

tbterryboy

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Quote from: hushpupppy on June 02, 2020, 03:55:27 PM

The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.

But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.

I am on your way. Yes, bounty hunters are not at all the reason for dump because it's a free market anyone can do whatever they want. If the devs are too concerned about the dumps happening after bounty rewards are distributed then they should never go for bounty program. Yes, that is the only way they can avoid dumps when they are not having good project to withstand any kind of dumps.

Like many people have already mentioned, a highly potential project will not bother about dumps happening in the markets time to time because good projects will be having continuous supporters/investors who will give it pumping when there are dips to enter. When devs are not developing a good project which is not attracting investors continuously, they are simply going for blaming bounty hunters for the downfall of market prices of their coin/token.

acdc

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Quote from: SyndicateLabs on June 04, 2020, 06:55:11 AM

Quote from: acdc on June 04, 2020, 06:47:48 AM

Quote from: Natalim on June 03, 2020, 04:55:37 PM

Quote from: acdc on June 03, 2020, 12:44:39 PM

The main reason why a project becomes a landfill is that the project is not attractive to investors, they feel the project has no future and withdraw from it.
Besides, the rewards of the bonus program account for very little of the total coins sold, so it cannot be concluded that the bounty hunter affects the price of the project.

What I noticed is that, legit bounty project offers very little reward while bad projects offers big bounty rewards, it looks like the opposite is happening.

Yes, most good bonus programs often offer little rewards because they can appreciate the value of their project. Bad projects often offer huge rewards with promises but most bounty hunters receive only a heap of rubbish.

Obviously, bullshit projects often offer large budgets to attract participants and promote their projects. The price of the token will then drop several times or even they will never distribute it

I have encountered many such projects, they often promise great distribution of rewards and great deals. The end of such projects is usually pumping and dumping after which the development team will disappear leaving only a large landfill.

gundala

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Quote from: bitgolden on June 05, 2020, 12:38:03 PM

However, I also understand the look of investors towards bounty hunters as well, think about it you spent 100 dollars and bought 1 million tokens from a project and expect it to go up and your 100 dollars will be 500 dollars one day when the project x5's but you see people who get tens of millions of dollars combined (not each person but total) by just working and they didn't spent a single dime on that, you get pissed off because you spent real money whereas they just retweeted or whatever and you get mad at it.

I understand your point.
Indeed there are most people who underestimate bounty hunters. They consider bounty hunters to get tokens or coins for free. Even though the bounty hunter must "work" first to get the reward, somehow they still think it's free? If they find the task of the bounty hunter easy, why don't they try it? Roll Eyes

I understand, only people who are strong and a patient can become bounty hunters.

Topic: Stop blaming bounty hunters - page 2. (Read 1249 times)