WHO IS HARMING WHO? | Bitcointalksearch.org

tee-rex

hero member

Activity: 742

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Quote from: webtricks on June 27, 2018, 03:27:27 PM

Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

Almost all projects see Bounty participants as a price dumper but this is not true. Bounty rewards are too low to affect market price at all. Although its agreeable that 80% of the participants try to sell coins the day they are awarded but it doesn't mean they pull price down. If coin is good and has big market then such selling is easily neutralized. Bounty Participants too want to earn good, why will they sell at lower prices. I personally never try to get rid of rewards, I always wait for right time.

So projects need to understand that Bounty Participants are worth respecting because they are true pillar for them and serve big part in success of ICOs.

It seems to me that you can't have it both ways. They are either irrelevant as you claim in the first part of your post, as in "bounty rewards are too low to affect market price at all", or they are more than relevant since "bounty participants are worth respecting because they are true pillar". If they are in fact a true pillar, then their impact on price can't possibly be neglected or discarded as inconsequential.

Apart from that, the total majority of coins offered in bounties are not very good, if not to say just bad. Therefore, in most cases the effect of bounty participants trying to sell the coins the very day they are awarded is devastating for the price of that coin.

hyadumadha

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The price will fall, yes, because so manny offer rather than demand for that token in the market immediately after token distribution. But, if developer already have the product and the product already used by mass people and able to create demand, the token will surely increased in price. So this is not about who is harming who, this is about how professional the developer team of the project.

tee-rex

hero member

Activity: 742

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Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

I'm not into the bounty campaigns myself, but I'm strongly inclined to think that blaming them is very much like shooting the messenger, and the wrong one at that. Yes, when the price of the tokens drops due to massive sell-offs by the bounty hunters, they are without fail the obvious and direct cause of the price drop. But have you ever wondered that the relatively high level from which the price typically starts to fall is a completely arbitrary one set straight out of the token creators' asses?

webtricks

legendary

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Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

Almost all projects see Bounty participants as a price dumper but this is not true. Bounty rewards are too low to affect market price at all. Although its agreeable that 80% of the participants try to sell coins the day they are awarded but it doesn't mean they pull price down. If coin is good and has big market then such selling is easily neutralized. Bounty Participants too want to earn good, why will they sell at lower prices. I personally never try to get rid of rewards, I always wait for right time.
So projects need to understand that Bounty Participants are worth respecting because they are true pillar for them and serve big part in success of ICOs.

kindbtc

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SAPG Pre-Sale Live on Uniswap!

The answer is simple, bounty hunters only get a small amount of tokens as rewards like 1-2%, so what do you guys think who can dump the price? People with 98% holding or people with 1-2% of the tokens?

victorski

member

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Also we need to consider that usually the Bounty pool is around 1% of gatherings during a token sale, so how 1% can jump the price three times? I think that you are right with that.

platinov_and

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SPOKKZ

Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

It seems to me that you can not blame for bounty hunters. Investors are also guilty here. But when you are here on the crypto market, you have to understand that the price can grow as much as possible, and then fall sharply.

Ethreyes

jr. member

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www.daxico.com

Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

No one can be blame about what happening now in the market. Neither investors nor bounty hunters. Evryone has no rights to control how the market flows. It moves on its own way. We cant predict it. It will goes up sometimes and will get dump on the other times because it is always irregular. We cant change it but the best thing to do is to keep waiting until it will rise up again...

acheampong64

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Quote from: parlament9 on June 25, 2018, 06:53:07 PM

It is not hunters, it is normal! (I not among them)
the matter is that the market develops and it is normal!
shortly all will avoid advertizing on social networks, Facebook, etc., there can be only an advertizing by really haypovy bloggers or persons. Hantera did not affect a dumping, this my judgement in any way

It looks so. The bounty hunters partly contribute to this problem. Anyways the investors can't be left out of issue. Some of them do dump their coins real bad

MicaleFalcon

newbie

Activity: 102

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I figure that is not all obvious, the truth of the matter is, be it abundance seeker or financial specialist, need more benefits, speculators and abundance members, the same amount of as to succeed an ICO, financial specialist enables subsidizing and abundance seeker to much more indispensable, that is advertising and advancement. So stop blaming without understanding all.

cuedle

newbie

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I think the price of the token has fallen, and it has something to do with the bounty hunter, but not all of them blame the bounty hunter! Because there are a lot of investors or the project side will be high prices when the sale of token money in exchange for funds!

yesyes18

member

Activity: 546

Merit: 12

Quote from: parlament9 on June 25, 2018, 06:53:07 PM

It is not hunters, it is normal! (I not among them)
the matter is that the market develops and it is normal!
shortly all will avoid advertizing on social networks, Facebook, etc., there can be only an advertizing by really haypovy bloggers or persons. Hantera did not affect a dumping, this my judgement in any way

Yeah! That's what will happen in some few days to come. Bogging will be the order f the day in some few days to come. The social media are getting defaced and their management becoming crypto-untolerative

parlament9

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Activity: 154

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OPEN GAMING PLATFORM

It is not hunters, it is normal! (I not among them)
the matter is that the market develops and it is normal!
shortly all will avoid advertizing on social networks, Facebook, etc., there can be only an advertizing by really haypovy bloggers or persons. Hantera did not affect a dumping, this my judgement in any way

tsaroz

legendary

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★Bitvest.io★ Play Plinko or Invest!

That's a stupid excuse. Bounty participants never in any time frame hold more than 5% of the supply. So, they don't have enough holding to manipulate the price anyway. Though the larger after ICO price fall can be attributed to the huge pre-sale bonuses and team selling the tokens.
The first one generally the case. 80% of investment are made during highest bonus period. They would have a profit even if they sell below 50% of ICO price. That's the major reason for price change and is actually correction for intentionally rising the price of token(at ICO) which was otherwise less valued(at presale).

VitKoyn

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Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

If you look at every announcement or bounty campaigns thread you will see that the supply of tokens that are available to sell for potential investors has the biggest percentage while tokens that are distributed to those participants of the campaign mostly only lower than 10%, so lets say that bounty hunters sold 5% of total supply, do you think it will have a huge dump in the price? I don't think so. The one that should be blamed when the price of those tokens have fallen, is those investors that bought huge amount of the supply and dumped it immediately after it becomes available to exchange. This is why I don't like participating on those bounties, because even there is a great idea of project, the price can still be manipulated easily.

Jaslinbor28

newbie

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As far as i know this is not true. In recent times peoples are want to connect with bounties. So don’t publish fake news. If project is good then automatically demand will increase.

pauline_78

newbie

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Merit: 0

I agree with you. When the investors sell their reward the price goes down.

pauline_78

newbie

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Well a new ICO thanks for introducing it to all. I wil keep it in mind while investing the next time.

yesyes18

member

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Merit: 12

Quote from: Cynooza on June 22, 2018, 06:59:34 PM

I think such price dumps are only possible when ICOs calculate the proportion of bounty unwisely. For instance, some ICOs don't shrink pools if they don't hit the hardcap which results in too many tokens allocated to bounty hunters most of whom are eager to fix their profit.

Yeah that's true, and I think that is why many ICOs have now decided to share a percentage of sold or minted tokens to bounty hunters. With that it allows a healthy pool if the tokens to be given to hunters.

MoonAction

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Quote from: yesyes18 on June 22, 2018, 01:03:25 PM

Many times we hear on various telegram group chats that investors are blaming bounty hunters for price dump. So are the hunters really the cause of this red moments or investors are also part? In fact I have been in bounties that before hunters were paid, prices had dumped real bad. Some also had good prices after bounties were paid. I'm sure if we should create a list for that, we'll see a lot of surprising list of projects that investors dumped their own coins. I think we should all stop that blame game and keep the market and business alive.

I don't think so. The percentage of tokens given for Bounty companies is too small to cause a significant dump. Think about it. What percentage of tokens is usually dedicated for Bounties ? And then compare it to the amount sold to regular investors(with significant bonuses!) while pre-sale and public sale. So - no! I think it is a mutual effort of all the parties and no one specific is to blame.))

Topic: WHO IS HARMING WHO? (Read 243 times)