Stop blaming bounty hunters - page 5.

retnoanjani

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Quote from: sana54210 on June 03, 2020, 12:40:00 PM

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Bounty are doing their own part of the job helping to create awareness for the token, and the tokens they receive at the end is their payment and there is nothing wrong with them selling it, that's their main purpose of doing that job at first. Investors are the ones we should blame, because they will invest and once the project is a little high they will start dumping it. Impatience!

I also wonder why bounty hunters are blamed for selling the rewards they get after working hard? this is really unfair.
Actually the role of investors, dev, bounty hunter, and all aspects of this support influence each other. Just because a bounty hunter is considered to be a coin or token "for free" when in fact it is not because bounty hunters must do "work according to the rules" to get rewards.
So please don't blame each other.

ZincUnrated

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It baffles me why most people still believe bounty hunters are responsible for price crashes or dumps in exchanges. Truth is, bounty hunters only hold a fraction of the total allocation which often times isn't up to 5% of the total supply of tokens and they are always the first to be blamed once prices start crashing. They forget totally that these investors often get discounted token prices and as such, they are okay with dumping them for the slightest profits.

qazgroup

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RiveMont

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 think it depends from campaign to campaign and project to project sometimes dump is brought about by the selling of bounty rewards especially when the bounty rewards are big enough because many hunters rush to sell irrespective of market condition, project phase and price.
In your campaign definitely hunters are not involved as i have studied the campaign and reward was very small and also that was not distributed to hunters so clearly the market dump was brought about by investors and traders.

Natalim

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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.

Exactly, it's the team members responsibility to attract investors and ensure that the coin will not dump because of the bounty hunters.
They are the one who set the bounty reward so they have a better picture on what will possibly happen in the future.

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.

xZork

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There are many factors that affect the price and success of a project, investors will base on their judgment to make their decision. A normal project will spend about 1 ~ 2% on the bonus program so the bounty hunter cannot make the price of a project lower than 2%.

acdc

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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.

sana54210

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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.

No lies about this. Investors are the ones that should be blamed and not bounty hunters.
Those that created the token has already set out the money to pay bounty hunters because they know from the start that's what they are meant to do.

Bounty are doing their own part of the job helping to create awareness for the token, and the tokens they receive at the end is their payment and there is nothing wrong with them selling it, that's their main purpose of doing that job at first. Investors are the ones we should blame, because they will invest and once the project is a little high they will start dumping it. Impatience!

MuhNofa

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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.

if for the time being most things like this are related to boounty hunters and almost everything that always becomes the scapegoat is a bounty hunter which if you think like that I think it could be an option where bounty hunter is not a problem if there is a dump price of a token.

Pirate46Mx

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the dump effect is not only from bounty hunters but is caused by investors who have sold their tokens in large quantities because the allocation given to bounty hunters is around 1-5% only.

TheICE007

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tozex.io

It's obvious now that bounty hunters are not to blame for project dump, over time it has been seen that even without hunters get their reward, some project dumps,right now I know of a project that dumped before it even distributed the first round of bounty tokens, and still down yet hunters haven't received reward completely, so I think there are so much reasons to stop putting blame on bounty hunters.

103deltafox

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Activity: 491

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So many reasons not to put blame of dump on bounty hunter, imagine the crash of Hy, I saw it also at $3+ was surprised also to see it was below $1, and I think that was as a result of investors receiving their dividend.
Why would anyone see hunters as price crashers,because if you consider the bounty pool, it's so much insignificant,so I think the blame should be reduced.

Deeshawn

jr. member

Activity: 221

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Is clear bounty hunters don't have what it takes to bring down the price of any coin on exchange, only investors does that or the project core team due to the huge amount of token they are holding. No project can offer more than 20% of the total supply to bounty hunters while one investor can decides to buy upto 20% of the total supply and crash the price anytime he/she feels like selling.

Dart18

sr. member

Activity: 1400

Merit: 259

What's 2 percent of the total token amount?
How come they would blame bounty hunters for that amount? Grin

They are just looking for someone to blame it to.
The real problem was, they are lazy marketing the project and just want to have rest after they claim all the offering that was made.
It's the truth.

minairia3

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Quote from: Retainly_Collie on June 03, 2020, 01:40:44 AM

If a project offers 20-30% of the total supply for bounty, it's really a bullshit and scam project. Only 1-2% for bounty has caused the project to collapse, and if they set a higher budget then their project will surely fail and no one will invest and buy them.

Its rare to see a project offering this big. Maybe none in my entire life of doing bounty. Not sure about the higher the budget it will collapse the market. There is a thing called improvised, even the rewards are big they can do a montly distribution and divide those reward fairly so it would not absurdly drop the market. I seen this being done on some project and it actually helps. The latest one is cartesi project which divided into three parts even though their budget is not that big but good strategy to avoid massive dump.

hushpupppy

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Quote from: Retainly_Collie on June 03, 2020, 01:40:44 AM

Quote from: pilosopotasyo on June 03, 2020, 01:35:56 AM

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.

No, it has not proven the developer should look ahead on the bounty allocation that they are going to give, that is why he is allocating a small percentage because he knows that making the rewards bigger will have an impact if there is going to have a dump, that is why we don't see 20 to 30% of the supply for rewards, it's a disaster if they are going to do that.

If a project offers 20-30% of the total supply for bounty, it's really a bullshit and scam project. Only 1-2% for bounty has caused the project to collapse, and if they set a higher budget then their project will surely fail and no one will invest and buy them.

This is not right, in my 1 year of participating in bounty campaigns, i have never seen a bounty cap of 20% -30% of the project total supply.
Also, the highest % token allocation has always been between 1% to 5% of the total supply.

And out of that 1-5% token for bounty, the team will slash reward by 3, in 85% of the cases, while, 10% of the cases, there will be no payment at all.

Only 5% of bounties have been a success. So what are you preaching ?

leea-1334

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Temporary forum vacation

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.

Investors got their dividends like you said and they thought this made it worthwhile to dump. And who would not when they guarantee profit? They probably thought they could always buy back even cheaper after the dump, which they did.

I have to say hunters are part of dumpers so they also deserve to get the blame, why not?

They all played the game and would have dumped if they could, so why all the crying?

Malam90

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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.

Right, many people raise hands against bounty hunters when they see dump price but yesterday i have witnessed a huge dump ($3.5 to $0.3) by the investors after they get tokens from the team. It proves that bounty hunters hold only 1% or less tokens of total supply and it is not fully responsible for the price dump. Rather investors hold huge % of supply. If they try to sell randomly, it will affect on the price.

Retainly_Collie

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Second Live

Quote from: pilosopotasyo on June 03, 2020, 01:35:56 AM

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.

No, it has not proven the developer should look ahead on the bounty allocation that they are going to give, that is why he is allocating a small percentage because he knows that making the rewards bigger will have an impact if there is going to have a dump, that is why we don't see 20 to 30% of the supply for rewards, it's a disaster if they are going to do that.

If a project offers 20-30% of the total supply for bounty, it's really a bullshit and scam project. Only 1-2% for bounty has caused the project to collapse, and if they set a higher budget then their project will surely fail and no one will invest and buy them.

pilosopotasyo

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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.

No, it has not proven the developer should look ahead on the bounty allocation that they are going to give, that is why he is allocating a small percentage because he knows that making the rewards bigger will have an impact if there is going to have a dump, that is why we don't see 20 to 30% of the supply for rewards, it's a disaster if they are going to do that.

Mighty_crypt

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Quote from: Odebowa on June 02, 2020, 05:08:37 PM

Bounty Hunter reward is minting to the pool, will just say the reward given to bounty Hunters is insignificant to the pool or self they don't earn up to 10-15% of the pool, will just say they are trying to avoid blame or for them not to be blame they transfer the blame to them since most bounty Hunter sell as they received In most cases, but what they sold his insignificant to the pool talkless of affecting the whole project.

Yup you are right dude, bounty pool allocations are not always up to 5% of the total supply of the coin, but coins sold to investors can be up to 50% of max supply and again at a ridiculous high discount, this is definitely what drags the value down not the share of bounty hunters

Topic: Stop blaming bounty hunters - page 5. (Read 1249 times)