Topic: whether a bounty hunter can help increase trading volume? - page 3. (Read 704 times)
Bounty hunters certainly help in the development and promotion of projects, but it can hardly be said that they create trading volumes on the crypto exchange. It is their job, and tokens are their salary and more often they just sell the received tokens, and not trade them. If the project is really promising, then they can hold tokens, but it is rare that they trade them, because for trading you need to have knowledge in trading.
You have a good idea but I think few organizers and developers of ICO projects will support you. Because they're raising money to make a product. If they had enough money they would be able to abandon the bounty program.
I don't think bounty can increase trading volume, but rather decrease the price of the coin/token on which the bounty is being distributed to the users because they don't actually know the value of the token/coin since it was more or less given to then at no cost whatsoever. It is better to sell your coin and have a low total supply to maintain high price in the market than to give it as bounty to people for free.
I do believe that makes prices drop dramatically when one of the tokens is successfully listed on an exchange are because of bounty hunters. You can imagine that every bounty hunter has a large number of tokens, let's say 50,000 per bounty hunter so they are able to increase and decrease the volume. This is the reason at some cases distribution of token, the devs do the distribution of tokens gradually over several months, the intention is only to avoid the bounty hunter who makes prices drop back.
What has been done by bounty hunters can certainly result in market price growth. The campaign to attract investors. And if investors are interested in investing, surely they will buy coins. While prize hunters also invest when the projects they follow are really good.
Of course. because they will also get tokens and have to trade to exchange their tokens if they want to get money. so of course it really helps increase trading volume. so this is a natural thing.
I think it's a little uplifting, because when the bounty hunter does their job, it's aimed at attracting investors or traders to buy. and not a few bounty hunters who also buy because the project is good, it is enough to increase trading volume.
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.
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.
Tokens allocated to pay bounty participants are not much compared to investors. And obviously most bounty hunters sell their coins at cheap prices. But that does not have much effect on trading volume because the amount of their tokens is only slightly compared to the allocation for investors.
Many people see this as meaning and it seems to me that it would be more correct to pay in Bitcoin or Ethereum, but unfortunately, at the moment only a few projects are paid in Ethereum, and I think that the number of such projects will not increase.
I don't think so but it all depends on the percentage allotted for bounty campaigns. But from the little i have seen most of the allocation is not that huge to enable a hunter to cause such a significant change during trading. Unless probably such a hunter cheated 
it's part of the bounty hunter function, increasing community tokens automatically increases trading volume.
even though it's small but the bounty hunter has an important role, the bounty hunter is not only the cause of the dump.
even though it's small but the bounty hunter has an important role, the bounty hunter is not only the cause of the dump.
I think it's difficult, usually bounty hunters only sell so it's impossible they can increase trading volume. those who can increase trading volume are only those who intend to buy the coin.
Increased volume comes from both trading activity(buying and selling). Bounty hunters usually sell the free tokens without caring about the efforts of the team behind the project. Buyers are also hunters who want to buy cheap tokens from bounty participants and they sell these cheap tokens for their own profit. Massive selling creates liquidity and lack of sellers are the main reason why the trading activity is considered as low.
They can increase because they own the coin that they can sell anytime they want to, some of them are also investors they can buy more of the coins they've got from bounty if the project is that good and they believe on it's potential in the market.
Very often, the bounty hunters reward for the promotion of the project is not a great opportunity to greatly affect the coin rate in the crypto-currency market, this kind of manipulation of the coin rate can be provided by the project team.
It can help any trading activity however small can help the volume to increase, but bounty hunters have the smallest shares in the supply and not all of them will sell right away, the big investors are the one who is likely to add volumes and control the price.
yes, indeed bounty hunters help to increase volume on market but sometimes bounty hunters don't care about price of ico because most of bounty hunters only want money even in small amounts
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 a significant thing for it to affect the market price movement.Why? Amounts given or salary to bounty hunters wont really be that big.Its just a small proportionbecause 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?
allocated with the marketing funds so considering the percentage it would really just a small dust for us to tell that it can affect overall.
I believe that bounty hunter can help increasing trading volume of any cryptocurrency but not the price. Bounty hunters often sell token/coin which they got from bounty campaigns right after listing on exchange so it'll help increasing trading volume a lot but price will be dumped a lot as well.
There are a lot of bounty participants. And if all these participants scientific to trade coin on the exchange, the trading volume will increase accordingly.
Jump to: