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Topic: whether a bounty hunter can help increase trading volume? (Read 704 times)

jr. member
Activity: 378
Merit: 1
it depends on the action bounty hunter, what they do when they get paid for they work, whether they trade or they sell it at once, in my opinion the bounty hunters will not affect the increase in volume
I don't agree with you. Bounty hunters also participate in every trade with buying and selling the coin. They mainly sell for the low profit but I can't blame bounty hunter for their behaviour. They are paid for a job and they deserve to get payment with selling the coin for cash.
Indeed, bounty hunters participate in trading activities, so they also support increasing volume but as you say, we can't blame their behavior when it's their reward, they have the right to decide and the volume they can produce is negligible when we can see the value of a bounty, it is not too big. Hunters do not bring too much good or bad influence on the volume of trading of a project, much of that influence comes from big investors and developers, the shares they own in the project are too big, the waves from trading volume are from them
newbie
Activity: 24
Merit: 0
member
Activity: 658
Merit: 11
it depends on the action bounty hunter, what they do when they get paid for they work, whether they trade or they sell it at once, in my opinion the bounty hunters will not affect the increase in volume
That is, as "will not affect"?
If several bounty hunters trade their assets, they increase the volume of trade. This is especially true for illiquid assets. Perhaps assets with trading volumes of several thousand dollars are being created by bounty hunters. Investors do not trade, hardly anyone else is interested in illiquid assets.
sr. member
Activity: 2030
Merit: 269
most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

Unfortunately, we seldom saw ICO paying their bounty with a tradeable coin in the market like Bitcoin, Ethereum, bounty hunters will prefer these options when they see one, ICO now are more preferred to pay with their own token, keeping tradeable they accumulate, because it's double for them.
jr. member
Activity: 250
Merit: 2
Oh yeah, sure! Bounty hunters contribute a greater part to the growth and development of many coins. In fact, when you examine the contracts of many ETH-based tokens, you'll find that the number of token holders only increase after bounty payments, and that's a major contributor to decentralization. Moreover, there are bounty hunters who're also traders and investors and as such the better they see a coin to be, the more they invest or trade into it helping build/develop that particular coin.
legendary
Activity: 1890
Merit: 1003
it depends on the action bounty hunter, what they do when they get paid for they work, whether they trade or they sell it at once, in my opinion the bounty hunters will not affect the increase in volume
I don't agree with you. Bounty hunters also participate in every trade with buying and selling the coin. They mainly sell for the low profit but I can't blame bounty hunter for their behaviour. They are paid for a job and they deserve to get payment with selling the coin for cash.
hero member
Activity: 998
Merit: 504
Bounty hunter can increase market volume and can reduce prices drastically, after every bounty distribution I often see prices can go down dramatically and if the volume can reach minus 20 percent, this can be avoided if the bounty should be paid for btc or ether, this is good solution.
there aren't many ico who pay their campaign participants with certain coins. most of them give their tokens as payment for campaign participants. paying with btc or eth and other altcoins I think it's good but not all projects think that way.
If they had all just embraced BTC as means for payment for their ICO, I believe Bitcoin would have long been on a BULLISH market but many of them aren’t even sure of their project because once they pay with BTC or ETH, a lot of bounty participant might end up withdrawing it since it doesn’t require the hunter to wait for the token to enter exchanges. Most of their token ends up becoming another shitcoin birthed especially when the project is not a viable one.
hero member
Activity: 1204
Merit: 539
it depends on the action bounty hunter, what they do when they get paid for they work, whether they trade or they sell it at once, in my opinion the bounty hunters will not affect the increase in volume
jr. member
Activity: 167
Merit: 5
Every project would want their tokens to be traded and have large volume in the crypto martket and this is why the project managers do not want to give bitcoins or ether to the promoters. Most of the devs believe that bounty hunters hold just an insignificant of the total supply but they can trigger trading on the exchanges.
I do not actually think tokens are given with the purpose of increasing the trading volume because they could have done it on their own but it is because they cherish those ETH and BTC than their own coins/tokens.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Bounty hunters actually can help increase trading volume in the market, that's certainly because they hold tokens resulting from bounties, even if they don't just sell as soon as possible, some even sell at high prices to raise prices, this is good
Bounty hunters will only provide a temporary boost to the volume of a coin since most of them are only interested in selling their coins as fast as they can and then they never buy those coins again, however since they are holding so few coins their impact is not as big as many people claim, the only way to increase the volume of a coin over the long term is for the developers to work hard to fulfill their promises, something that only a few do.
jr. member
Activity: 336
Merit: 1
bounty hunters have good knowledge in most of the coins but they personally increase trading volume may nt happen but they hold most of the coins
full member
Activity: 556
Merit: 100
For me bounty participant's has a role to build much higher lagre scale of trading volume because of the bounty hanters and It takes a long time before bitcoin will end.
sr. member
Activity: 980
Merit: 261
most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

not all of them are trading their coins, most of bounty hunters are selling their coins after acquiring it and dont expect them that they are trading it also most bounty ICO wont pay in weekly or monthly basis usually they are paying after their ICO.
full member
Activity: 302
Merit: 100
Bounty hunter tokens/coins are around 1% -2% and I don't think that will help increase the volume on market other than that they (bounty hunter) don't all sell at very cheap prices
I agree that bounty hunters are often accused of causing a decline in the price of tokens, even though they only hold 1% of the total supply of tokens.
investors have the biggest role in the destruction of a token.
Basically that depends on how the ico can manage to be listed on the big exchange site. Big exchange means if there will be more volume and this will prevent that thing to happen. You should know the main factor before trying to say anything.
jr. member
Activity: 378
Merit: 1
Bounty hunter can increase market volume and can reduce prices drastically, after every bounty distribution I often see prices can go down dramatically and if the volume can reach minus 20 percent, this can be avoided if the bounty should be paid for btc or ether, this is good solution.
I think what bounty hunters contribute to volume, it has only a very small effect because as you can see, the number of tokens that bounty hunters can get, it only accounts for a very small part, and the sale of these tokens, it will not create too big effects. Bounty hunters are not too powerful a factor in increasing trading volume, those who hold this role are probably investors in the project, they bought in ico time with very cheap price and huge quantity, their contribution will be very positive for trading volume
full member
Activity: 644
Merit: 100
Bounty hunter can increase market volume and can reduce prices drastically, after every bounty distribution I often see prices can go down dramatically and if the volume can reach minus 20 percent, this can be avoided if the bounty should be paid for btc or ether, this is good solution.
there aren't many ico who pay their campaign participants with certain coins. most of them give their tokens as payment for campaign participants. paying with btc or eth and other altcoins I think it's good but not all projects think that way.
hero member
Activity: 1246
Merit: 501
Bounty hunter can increase market volume and can reduce prices drastically, after every bounty distribution I often see prices can go down dramatically and if the volume can reach minus 20 percent, this can be avoided if the bounty should be paid for btc or ether, this is good solution.
hero member
Activity: 998
Merit: 504
It is possible for bounty hunters to help increase trading volume and help with listing on exchanges
There is a project called vanta which is currently doing that. the vanta bounty hunters have been asked to trade the airdrops they have been given  on a particular exchange for a certain number of days so as to get the volume up and this can certainly help with listings on other exchange and help the project in a very long time.

This is a positive things that project can try.
In addition to this, I am also a bounty hunter and I have so many tokens that has not even entered exchange talk less of trading with them. I have about 100 tokens out of the 150 that I acquired that has not entered exchange, even the one that entered exchange are so low to trade with, so we just have to keep HOLDING it expecting a bull run on them. So like you said, investors and not only large investors are the major determinant of market prices.
legendary
Activity: 2254
Merit: 2305
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Most bounty hunters just sell their token right after it get listed in exchange. In that case, it increases the trading volume. But in your OP you shared something which is not possible. No bounty hunters will buy back token later with their ETH or BTC.
legendary
Activity: 2100
Merit: 1058
most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?
This also has a way of influence the market and also play a major role in increasing trading volumes, however, the influence of their activities is so little compared to large investors are pushing up trading volumes.

The first question we need to ask is how much exactly project managers are being paid for it to have such a great influence on market prices, most bounty hunters can’t even trade with what they earn because they are so little depending on the value the coin was at the time of payment. The amount involved is little compared to what large investors are pumping to the markets.
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