Topic: Who dump coins early; Bounty hunters or ICO investors? - page 16. (Read 2756 times)
First of all, the price always falls due to investors who sell their coins almost immediately after receiving them, bounty hunters are not able to greatly influence the rate because their share is much less than the share of investors.
I believe bounty hunters are dumping coins, as they don't trust a lot of altcoins. They fear that these coins would fail in future, so they are dumping coins whatever value they get.
Nowadays we can see a lot of coins going down below ICO price right after the release. Mainly it causes because of not being listed on a good volume exchange. If the ICO had a bounty campaign, it is possible that the bounty hunters are dumping. They got the tokens free, so will possibly sell at any availabile rate.
It's also possible that the private and presale buyers got bonuses, which may be the reason for dump.
Finally, the market is bearish, so all projects are affected.
It's also possible that the private and presale buyers got bonuses, which may be the reason for dump.
Finally, the market is bearish, so all projects are affected.
Bounty tokens typically account for only 1-3% of the total number of ICO tokens. So it's not the fault of the bounty hunters. When all bounty token are sold out, it does not affect the price of the token. The reason is that the ICO investors have sold all their tokens after being listed at some exchange.
I think investors, because the division of coin to bounty is only 0.5 - 5% of sales and a percentage of that size I think it is difficult to make the price dump.
many people assume if the bounty hunter is the one who causes the price to fall even can be far below the price of ICO, they are blamed for only getting coins for free, but I think the market price drops because investors are throwing bonuses at very cheap prices so the price continues to fall ( tokens earned bounty hunter not as much as bonuses obtained by investors)
Most likely bounty hunters. They received their tokens for free and they will be satisfied with such earnings. But investors who want to multiply their investments will keep tokens to the best price.
Its so sad when we have been made to believe its bounty hunters who dump their bounty tokens immediately after ICO and so devalue the coins on the market. Because of this notion, project managers these days try to delay bounty rewards while some even go ahead to give small rewards so that the actions of bounty hunters will not affect the price of their coins. Now I participated in this bounty and we were paid late as usual. We went to the market and realized the price was already down, even below the ICO price. So who caused it ? I think we should have a second look at this issue. Don't you think its the investors who get bonuses during the ICO who try to dump their bonuses for profit and not the bounty hunters as we have been made to believe?. Let me hear your opinions guys
Bounty hunters get their coins usually a month after the investors. For often, immediately sold people who participated in the project at the Pre-ICO stage. They are more profitable to sell for 20-30% of profit and buy 2-3 times cheaper in a couple of days.
Its so sad when we have been made to believe its bounty hunters who dump their bounty tokens immediately after ICO and so devalue the coins on the market. Because of this notion, project managers these days try to delay bounty rewards while some even go ahead to give small rewards so that the actions of bounty hunters will not affect the price of their coins. Now I participated in this bounty and we were paid late as usual. We went to the market and realized the price was already down, even below the ICO price. So who caused it ? I think we should have a second look at this issue. Don't you think its the investors who get bonuses during the ICO who try to dump their bonuses for profit and not the bounty hunters as we have been made to believe?. Let me hear your opinions guys
I think miners are the one who's responsible for dumping the price of the coins which are mineable. They mine it initially when complexity is very low thereby accumulating a huge amount of tokens and then selling it when it launched on the exchange. Airdroppers and bounty hunters are also responsible for dumping of the price but not to an extent which miners are. Also right now several projects are following the approach of locking airdrop and bounty hunter tokens to a period varies from 6-12 months. I think it's a good strategy considering project wants to retain the trust of the investors and buyers.
Bounty hunters are the first to sell their tokens, as they did not buy them.
They are not investors and they want to take their money as early as possible
False. How can they be the first to sell if the tokens are distributed later than the investors? This is a common practice with ICOs having a bounty campaign. There's also some instances that bounty tokens are vested and hunters are forced to wait for the tokens to unlock after 6 months. Now, who do you think sold first? They are not investors and they want to take their money as early as possible
Bounty hunters would of course dump the coin first but the amount they hold don't make any visible effect on the price. It's the early investors that goes with a visible dump.
The early investors have coins that have cost them about 1/3 cheaper than the ICO price in average and they would be keen to profit from that.
So, it's the different prices of tokens during the sale which is the main reason for the price drop.
The early investors have coins that have cost them about 1/3 cheaper than the ICO price in average and they would be keen to profit from that.
So, it's the different prices of tokens during the sale which is the main reason for the price drop.
I think every bounty hunters don't dump their coins. Most of the bounty hunter who got a large amount of token, they keep holding their token. And others hunters sell their coin to make a quick money. And, Presale investors sell their coin at a very cheap price because they got an extra bonus. So, We shouldn't blame all bounty huntersd and all presale investors.
yes that's not good for the coins/tokens and not recommend to do
atleast wait until it grow in market and sell only a little for assurance that you earn
This is good topic for user that only kill different kinds of coins/tokens in market
atleast wait until it grow in market and sell only a little for assurance that you earn
This is good topic for user that only kill different kinds of coins/tokens in market
i think you have an point also that some investors that has whales they can really manipulate the ups and down of an ICO project. they can supply almost all small buyers of that coins while also earning because of there big bonuses while it still an ICO project. but not all ICO projects are like this, sometimes the cause of early dump of every token is lack of support to the team after the ICO ends, investors will also sell immediately there holdings so that will not loose what they invested.
Main reason is project dev don't want to paid the bounty reward, or hope to reduce total tokens allocated, they only reserve below 5% of total tokens to bounty campaign, even all the bounty hunter immediately dump their coins, it's also won't affect tokens price, most of the project paid the reward within 1 or 2 month, who's own most of the tokens? Answer is project team/founder, they want to cash out Cryptocurrencies to fiat and told investor price dump because of bounty hunter
From my observation, both bounty hunters and ICO investors are guilty of dumping coins/tokens. Usually, coins/tokens for bounty hunters and ICO investors are distributed at the same time so I was surprise that bounty payments were delayed. They should have just released it and probably lock for a few months.
I would assume that bounty hunters aren't a big part of it, since most ICOs issue a very limited percentage of tokens for bounties.
Usually it's not more than 5% which goes towards bounty rewards.
Investors who were able to buy cheap might sell immediately as they make a profit at launch.
Usually it's not more than 5% which goes towards bounty rewards.
Investors who were able to buy cheap might sell immediately as they make a profit at launch.
What I want to say about this. This is your choice where to participate. No one is immune from falling or staying with a full zero with participation in the ICO. But I'll tell you one thing to participate in proven companies and all the encouragement is waiting for you.
Bounty hunters are the first to sell their tokens, as they did not buy them.
They are not investors and they want to take their money as early as possible
They are not investors and they want to take their money as early as possible
Its so sad when we have been made to believe its bounty hunters who dump their bounty tokens immediately after ICO and so devalue the coins on the market. Because of this notion, project managers these days try to delay bounty rewards while some even go ahead to give small rewards so that the actions of bounty hunters will not affect the price of their coins. Now I participated in this bounty and we were paid late as usual. We went to the market and realized the price was already down, even below the ICO price. So who caused it ? I think we should have a second look at this issue. Don't you think its the investors who get bonuses during the ICO who try to dump their bonuses for profit and not the bounty hunters as we have been made to believe?. Let me hear your opinions guys
Those pre or private sale participants and i believe about that. Remember there is an ico that offers more than 40% bonus to the early investors through the way called private sale. I guess they are dumping their bonus as fast as possible to get the fast buck. That's my thought about that. Jump to: