Why do lot of people hate bounty dumpers? - page 13.

bdc2343

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Quote from: rommelo24 on December 05, 2018, 07:27:23 AM

Quote from: Daddyj2 on August 04, 2018, 05:15:51 AM

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

That is right. Anyone can dump their tokens because that is part of the strategy. We cannot tell people on how to take charge of their tokens. And besides dumping of token is already part of the normal process.

But dumping has contributed to this horrible change you know, right?. I urge you to think more about it, actively advise each other not to do so, one for everyone and for the common good of the individual, do not do that Roll Eyes

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santino11

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Bounty dumpers are one of the reasons who makes the market price fall.
That is why holders hate them, but it is their pay-out and they have the rights whatever they want to do on their holdings.
If the token/coins are good and have great project even bounty dump their tokens it will go up soon.

awakpane

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In my opinion, people give bounty dumps because of the price of the tokens that go down on the crypto market below the ICO price. this is caused by many people who directly sell their tokens after getting it.

Asgard124

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Quote from: Rina Ambar on December 04, 2018, 11:52:57 PM

of course the bounty hunters directly sell tokens they get from participating in a bounty campaign because they want to benefit from the work they are doing while participating in the bounty campaign, and also usually tokens from bounty campaigns that are just listed in the penukarang will be lower than expected, therefore the bounty hunters immediately sell the tokens they receive because they don't want the price to be even lower.

In addition to this, i think most people also hate Bounty Hunters because of the altitude some Bounty hunters put on in the project official telegram group. They keep asking similar questions over and over again. Questions like when distribution? When Exchange? When Moon? When Lambo? When Binance and all of that. This questions most times scare potential investors off from investing in such projects.

Maamejane

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Blame games here and there, i sometimes don't get it when investors are seriously blaming Bounty hunters for the fall in price of their token. I don't agree with those people, and its no fault of the bounty hunter to sell out his or her token. If there is anyone to be blamed i think the project managers should be since they are the ones in charge.

leexhin

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I also have the same question why do a lot of people hat bounty dumpers?
If you would study it thoroughly you would know that the bounty hunters only have a small percent since the 3% or smaller that is allocated for bounty would be diveded by the campaigns and each participants ,
Not to mention that not all of the bounty hunters are dumping their reward some of them would hold.
So 3% isn't going to hurt a lot on the price of the whole supply.

rommelo24

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Quote from: Daddyj2 on August 04, 2018, 05:15:51 AM

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

That is right. Anyone can dump their tokens because that is part of the strategy. We cannot tell people on how to take charge of their tokens. And besides dumping of token is already part of the normal process.

GWS My Boy

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Quote from: akishang on November 23, 2018, 05:50:52 PM

They hate them because they blame bounty hunters for the low price on the exchange. From what I noticed, its not the fault of bounty hunters. I think the bots on the exchange are the ones to blame because they are posting a price that was unreasonably low. ICO's should avoid getting listed on exchanges that has bots because their coin value will just depreciate the moment it got listed.

it could happen like that, but is there evidence that there are bots into the market, I don't think it's realistic, cryptocurrency technology is fighting malware viruses that attack cryptocurrency users so that they cause continuous losses and I agree more if indeed the coin holders are very influential if you always sell their coins quickly before the coin really will be looked at by large investors.

organelles

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Well because the bounty dumpers dump their coins as soon as they get them which could lead to the prices of the said coins going down since so many people are selling off their coins at the same time. Something like that can actually effectively crash a coin which is why it is good to always make sure that the bounty hunters are not dumping all at once

Rina Ambar

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of course the bounty hunters directly sell tokens they get from participating in a bounty campaign because they want to benefit from the work they are doing while participating in the bounty campaign, and also usually tokens from bounty campaigns that are just listed in the penukarang will be lower than expected, therefore the bounty hunters immediately sell the tokens they receive because they don't want the price to be even lower.

KingOfWinterfell01

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Quote from: Daddyj2 on August 04, 2018, 05:15:51 AM

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

The name of these bounty dumpers already takes away the reason why people hate them. Obviously, they abuse the market too much. When they receive their bounty tokens, they sell immediately and then the price of the token drops significantly. That's why they're hated so much because they drop the price too much.

bittick

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It is true that some hunters dump their tokens, but it is not only that. Some projects I am investing decided to pay the bounty hunters in later stages of the project and when they were listed the price dropped significantly like 50% vs ICO price. So, the hunters cannot always be blamed. The early investors with huge bonuses also dump their tokens and the declining market also affects the price.

In that case, it seems that the project can't give something that making people interested in it outside the ICO phase, lets be real, if the ICO phase is not fulfilled completely who's gonna put a buy order when they can get it cheaper in ICO phase? therefore no buy walls because no demand.

tenebriscaelum

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This is I think a misconception of many people as bounty hunters are being blamed for the dump that happens in the ICO after the sale, however they should know the fact that they have the rights on have they gain in participating in the project and having a small percentage of the total volume of the token will have little impact to the project. Truth be told that the huge dump in ICO should be blamed in the investors that are selling their tokens because of the bonuses that they got

danggoron

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Quote from: fortelen on December 03, 2018, 01:42:03 AM

the bounty hunter has equal opportunity to sell. they've been working help ICO in terms of marketing so I think it is reasonable of them to sell the coins they get even though it makes the market go down. Maybe investors indeed feel this is the thing that makes their loss. But even many investors also are waiting for the results of the bounty hunter to sell cheap so add their assets.

Even though bounty hunters also expect the best prices so that their hard work gets paid accordingly. But they are often blamed for causing a decline in prices, even though there are many factors that influence it. You are right, if investors can take advantage of opportunities then they can get lower prices when there is a dump to add assets.

bitgov

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Quote from: Lyd on December 04, 2018, 02:10:43 PM

Unfortunately the bounty dumpers work only for the reward and they don't know how investments are working. It is important to be in the market for real, not only for the profit

Some of the bounty hunters think so, but certainly not everyone.
Before I decide to support some project, I check it very carefully. I do not participate in campaigns of which succes is associated with high risk.
If I do not have such a need, I will never sell tokens that in the future can bring me profits.

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Quote from: Daddyj2 on August 04, 2018, 05:15:51 AM

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

Previous comments must have made it clear that not all dumps are caused by hunters but investors. I have some projects that dumped when they have not paid bounty hunters. Nowadays project UNDERRATE bounty hunters and OVERRATE investors. The fault is to the project who give lots of discounts to investors

tom14cat14

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It is a simple question. There are some bounty hunters that dump the price with their early sellings

Pepito Manaloto

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Quote from: Daddyj2 on August 04, 2018, 05:15:51 AM

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

Bounty hunters do most of the time, sell their tokens early. There is this mentality that they do not invested so they won't be disappointed no matter how much the profit will be as long as there is a profit. Unlike on the investors which are mostly holding in order to have profit from investing such amount. But the botomline is that, we really cannot blame those who are immediately selling. If you are really a holder you will hold, and if you are really into that token, you will buy more tokens once the price dump.

Xmm

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Because most bounty hunters drop coins as soon as they appear on the crypto exchanges, thereby reducing the price many times. Of course, for those people who have invested in the project, this is not pleasant!

tuvic01

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Dumpers make things difficult for investors as most of them are bounty hunters and since they don't invest, they only get whatever they get for free so to them it doesn't matter how much they get from the reward given to them. They just sell not putting into consideration the ico price of the token as with this action market level of the token in general will fall, so the investors are always not rhapph with the dumpers.

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