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Topic: Why blame people for your failure? (Read 10262 times)

full member
Activity: 1498
Merit: 129
July 03, 2019, 02:33:13 PM
It seems you dont know it is one of the tactics project use this day to cover their failure. I have seen project that allocated less down $10000 for bounty hunters still complaining that hunters are responsible for the dumping. I keep on reminding many of them that they are the one responsible for their failure. How will you offer up to 50% discount on the purchase of your token to investors and you will eventually blame the hunters for your token dump. I have made a lot of reviews to show people that many investors should watch out closely before putting their money on any project. If you know huge bounty allocation will make your project get dumped, Why not allocate less to bounty campaign and let people that want to join be part of the campaign.
member
Activity: 644
Merit: 10
July 03, 2019, 02:31:57 PM
I think most bounty hunters are not that much stupid people who dumped coins and get small rewards. Everything is on team members hands. If bounty hunters feel about more confidence about some project and team they will be with that project without dumping the coins. If project seams to success dumping is not a problem. 
hero member
Activity: 966
Merit: 535
July 03, 2019, 01:21:00 PM
They don't sell all the remaining 95% they sell as many as they can. I think that perhaps the bounty hunters can make the investors sell out of fear, or vice versa. But blaming the bounty hunters every time is just an excuse and too easy.

Most of the people are blaming the bounty hunters when the price is going down after listing on exchange but the allocation of the bounty hunters are only small amount compare to the big investors they investing during pre sale they can get huge of bonuses.

They like to blame bounty hunters, right?  Undecided Too easy to blame something else.

I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

Honestly its very unfair to blame the bounty hunters for dump in the price of a coin actually you made a valid cause of the whole saga which had for long been often attributed to massive dumping of the particular coin to hunters whose total allocation is small compared to the bonuses offered whereas the outrageous bonuses dole out to investors who are only after the profits not minding the future and road map of that coin is the major cause of the failure and dumping of that particular coin.

Normally with a good project, the bounty hunters will shoot themselves in the foot if they sell too early.

So, the conclusion is the drop of token in the exchange is affected by two factors.
first is sell token by bounty hunter and secondary is sell token by investor with their bonuses.

I didn't even think of that. You right. When they sell their bonus it is a first come first served basis and then the rest sell to "cover their loss".
sr. member
Activity: 798
Merit: 255
July 03, 2019, 10:22:10 AM
Bounty is part of every project, so the project team must have always solution when bounty hunters dump their rewards because it is always expected for bounty hunters to dump their rewards right away. It`s not the bounty hunter`s fault but it is always the project team`s fault.
full member
Activity: 574
Merit: 100
July 03, 2019, 09:35:25 AM
I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.


Yes I agree. The failure of a certain project are actually depends on the developers and the product itself. Its true that in some way bounty hunters affects also the success or failure of a particular project, but if you think about it, the bounty allocation is very small relative to the total number of tokens, so it means even if you dump the bounty allocation, the effects are still negligible.
member
Activity: 560
Merit: 10
July 03, 2019, 01:35:57 AM
Yes you are right on this front. Bounty hunters are often blamed for dumping price of a coin upon hitting exchanges. But this is not entirely true. Bounty hunters maybe a part of it. Only up to 5 percent tokens are allocated under bounty campaigns. So how this is possible? Giving up to 80 percent bonus during token sales will affect much.
member
Activity: 1764
Merit: 10
July 03, 2019, 01:24:17 AM
I completely agree with you, it’s just that investors and project teams always thinkins that bounty hunters dumping every token price, but this isn’t true, because investors and project teams also selling their tokens and dumping price, but unfortunately you can’t explain it to them, because they consider themselves to be above the bounty hunters.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
July 03, 2019, 01:17:13 AM
I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

Honestly its very unfair to blame the bounty hunters for dump in the price of a coin actually you made a valid cause of the whole saga which had for long been often attributed to massive dumping of the particular coin to hunters whose total allocation is small compared to the bonuses offered whereas the outrageous bonuses dole out to investors who are only after the profits not minding the future and road map of that coin is the major cause of the failure and dumping of that particular coin.
full member
Activity: 784
Merit: 112
July 03, 2019, 12:08:05 AM
Most of the people are blaming the bounty hunters when the price is going down after listing on exchange but the allocation of the bounty hunters are only small amount compare to the big investors they investing during pre sale they can get huge of bonuses.
member
Activity: 938
Merit: 14
Earn more with Earn Network
July 02, 2019, 11:27:29 PM
I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

This is crypto and each investor or trader is responsible for what strategy chosen for a particular activity. Crypto is broad and not all coins or projects will be successful at the end of the day, hence an investor is always required to perform a personal study on these projects before deciding to join its investment.
With the issue of bounty hunters being responsible for the dumping of a coin, it is now clear that that is a misconception. How can bounty hunters with an allocation of 1 to 2% of the entire tokens generated be responsible for a dump of the 98% remaining. The dumping of a coin comes from the poor strategies picked by the team and the investors as well.
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
July 02, 2019, 09:25:45 PM
This is an established truth, usually what is allocated to bounty is mostly 1% of the token supply and moreover the tokens are not released immediately to bounty hunters. Some release their weeks or even months after listing on an exchange by that time the investors had finished dumping but they will still blame it on bounty hunters.
I got your opinion mate. Not exactly bounty hunters will be blame cause of their pitty amounts of rewards than of investors but the owners of this project. Bounty hunters will usually dump their rewards but it is not big enough to make the price fall cause in only small amounts. Will that project owners will do something to help uphold its drowning price rather than to blame their promoters.
Yeah of course the developer has calculated that well, the allocation of funds for bounty so that the allocation does not have a big influence on their market, so when prices fall don't blame the bounty hunter, they are only 1%. of course there are influences and other things that affect the price of their project
And for note, usually some bounty hunters will sell their coins in ICO price or higher, like me usually hold my coins or tokens from bounty reward to sell it into high price. I think it is worth to hold since i am not buy anything so  i am not really face with low price and can hold longer as i want.
sr. member
Activity: 1162
Merit: 251
July 02, 2019, 09:10:49 PM
This is an established truth, usually what is allocated to bounty is mostly 1% of the token supply and moreover the tokens are not released immediately to bounty hunters. Some release their weeks or even months after listing on an exchange by that time the investors had finished dumping but they will still blame it on bounty hunters.
I got your opinion mate. Not exactly bounty hunters will be blame cause of their pitty amounts of rewards than of investors but the owners of this project. Bounty hunters will usually dump their rewards but it is not big enough to make the price fall cause in only small amounts. Will that project owners will do something to help uphold its drowning price rather than to blame their promoters.
Yeah of course the developer has calculated that well, the allocation of funds for bounty so that the allocation does not have a big influence on their market, so when prices fall don't blame the bounty hunter, they are only 1%. of course there are influences and other things that affect the price of their project
sr. member
Activity: 448
Merit: 251
Futurov
July 02, 2019, 07:30:33 PM
It isnt the bounty hunters' fault, the developers of the project are usually to blame for such an outcome. I commend you for noticing that every project posted here in this forum does not give out a token allocation percentage that exceeds 5%, that's just a small portion of the total token sold which are distributed to the bounty hunters. The remaining 95% goes to the project which are governed by the developers. Dumping is often associated with those who are in control of the project. There are instances where they raise the value of the token sold, garnering consumers who thought that the coin would eventually increase overtime, and then dumping the price at the last minute, which leaves investors with nothing at all.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
July 02, 2019, 06:59:26 PM
I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

It is not the only reason why people blame ICO project. Let us say they listed the token and went dumped, the problem is why the token dumped? They don't have development and product at all. You said is favorable with developers who did not care about their investors. What happens to the investors who bought the token thrice the price they listed in exchange? Probably, they lost a lot.

In order to have a good feedback under ICO,, they should also protect their investors from loss.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 02, 2019, 06:56:56 PM
Maybe there's people blamed someone because they really contributed to the failures of somebody. We can't control that feelings, and if there is no directly involved person I don't think blaming would be the outcome. First of all if you failed it's usually because of your decisions, and if your listen to other people just by seeking ideas don't you blame them.
full member
Activity: 560
Merit: 100
July 02, 2019, 06:44:34 PM
I think we have to be wise crypto currency players. We must introspect ourselves and not look for scapegoats for what happened to us. We should not blame the other party. We must look for problems and be self-centered first. I think that the failure that we experience comes from the strategy and risk management that we implement iki is not appropriate. I think that we must change the strategy by learning from the experiences we experience so that we can benefit in the future according to our expectations.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
July 02, 2019, 06:17:17 PM
I never blame someone for my fault. It is your choice and you have to take it by yourself and you are the only responsible person
Learn to answer for your decisions and you will never blame other people for suggestions. Always DYOR!

Agree with your opinion, I think when we fail, stop blaming and find the reason why we failed, I think we will find a way to resolve this and avoid it to the next time. Please take responsibility for your self at all things and do not blame at all circumstances.
Blaming other person isn't a good idea nor to think others as a reason of our failure cause in the first place, we are the one making such decision and no other individuals is forcing you of what you have to do.
Better we have to accept our failures and stop blaming others, and to put in our mind that failure is a part of crypto investment and we can't step it away.
sr. member
Activity: 434
Merit: 250
July 02, 2019, 06:11:54 PM
I never blame someone for my fault. It is your choice and you have to take it by yourself and you are the only responsible person
Learn to answer for your decisions and you will never blame other people for suggestions. Always DYOR!

Agree with your opinion, I think when we fail, stop blaming and find the reason why we failed, I think we will find a way to resolve this and avoid it to the next time. Please take responsibility for your self at all things and do not blame at all circumstances.
full member
Activity: 671
Merit: 103
Moni
July 02, 2019, 06:05:36 PM
I never blame someone for my fault. It is your choice and you have to take it by yourself and you are the only responsible person
Learn to answer for your decisions and you will never blame other people for suggestions. Always DYOR!
sr. member
Activity: 1190
Merit: 253
July 02, 2019, 05:58:26 PM
Well, I agree to this. Most projects offers a huge bonuses just to promote the project without thinking it's effect to the price of the token after. We should not blame the bounty hunters as well as the investors for this matter, they just want to secure their investments whether it is in a form of money or time. The project team should think of another way to give the investors benefits that will not affect the price of the token after it was launched.
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