Topic: Why do lot of people hate bounty dumpers? - page 2. (Read 20290 times)
You can only advise bounty hunters to hold their bounty tokens but you can't force them to do so. Sometimes some projects are worth dumping especially if you realize the team has stopped developing the project.
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As a bounty hunter, the reason why I worked for months or weeks on a particular project is to get the token, sell and make my money, I don't see any reason why to hold and a good project to me doesn't need to dump cos people are selling
Bounty hunters aren't really that harmful these days, project owners strikes sustainable price for the initial project more than ever, that's mean slow payment, restricted selling, holding funds with other means, in the early days It might be when trends are on and investor could be a lil more generous, but hell no these days, it's difficult find real investor
Is kind of really bad and sad to buy asset at a higher price only to be slashed when it arrives at exchange and at a rate that is really unbelievable at the time so most blame hunters even though realistically they are not the only one selling
Bounty dumper is everywhere. They sell their coins on a large scale because maybe they really need money. They don't think of their impact as a bounty dumper. When the price of a coin in the market begins with a dump then it causes a backward situation that is not good. Trust in the coin will be lower and cause the sale and purchase of the coin is not smooth. If traders see the coin that does not have a potential price increase, the coin will be left on the market and will eventually become trash on the market.
It is a free market and everybody can decide what they do with their tokens, so do bounty hunters.
Bounty rewards are so small that they cannot affect the price of the token only can have short term
effect on the price.
Bounty rewards are so small that they cannot affect the price of the token only can have short term
effect on the price.
Maybe they hate it because when the project token enters the market and when it has a high price with a small volume they are happy to sell it and may partially intentionally reduce the price so someone buys his token and that's where the cause of hatred arises because investors may feel trading token was damaged by a bounty hunter
why they do this is because they think hunters are the ones that dump the token whereas its not so. after a project makes a private sale whee investors bought tokens that is way cheaper than the crowdsale price. most times the dumpers are either the team or the private sale investors because they bought the tokens cheaper with a lot of bonuses. they try to cover this up by saying the hunters are the dumpers.
Their is a common saying that when a man fails in life he looks for someone to apportion blame to, either to his wife, children or parents, when some project developers with myopic reasoning fails they attribute blame to innocent bounty hunters in possession of less than 1% of their coin, that's very ridiculous, may be they will need to go and learn from the distribution pattern of foresting token.
Some projects give huge allocation of tokens to bounty hunters when this tokens gets dumped in the market price crashes no project will like their tokens to have a low price or lose their price as a result of this.
The reason is quite simple, the crypto industry is quite young with so many upcoming projects competing with each other and so if your token economics is quite poor another project can capitalize on that and out run you. In addition, if your tokens are also not selling and have been dumped on exchanges it does not make your project look interesting to investors.
The market has a tendency to sell tokens immediately after receiving them. This applies specifically to bounty. And at the moment, since the beginning of 2018, the bulk of projects cannot even return to the ICO price after listing on the stock exchange. Need to work on this, I think.
totally that all the team and developer fault. how can 1% - 5% from total supply can damage the coin price.
if the team can handle and do buy back that not problem at all
They are not prepared or they are not concerned, probably they wanted it to happen so they can sell it together with an exit scam strategy, serious developers always have other options not just blaming anyone else but an additional plan not to allow the massive dumped to happen.if the team can handle and do buy back that not problem at all
It seems to me that people do not like dumpers because they are not interested in developing their knowledge in the field of cryptocurrency. And they are only interested in profit.
Most people are with notion that they dump the price of coin which is never true since as you rightly stated very small portion of the token is allotted to bounty participants. Greater portion remains with the team and other top members. The percentage allotted to bounty can never dump the coin such that it can never bounce back.
I think people hate bounty dumpers because they have inadequate knowledge and little cognition about cryptocurrency. If they have been rejected after participating in a bounty campaign, you wouldn't have blame bounty dumpers.
They shouldnt blame the bounty hunters because bounty hunters are the one that do the work the most by promoting the project . while investors , most of them are not a bounty hunters . they dont help promote the project but they are only selling thier coins for profit . bounty hunters earn only few amount of tokens while investors can buy any amount . so how can they say that bounty hunters are dumping the price ? Eh ?
Those who hate bounties hunters have never been dumped on after participating in a bounty program and the developers of the project dump on them, if the project is good bounties hunters won't dump, but majority of the hunters are there just for the quick gains
totally that all the team and developer fault. how can 1% - 5% from total supply can damage the coin price.
if the team can handle and do buy back that not problem at all
They are not prepared or they are not concerned, probably they wanted it to happen so they can sell it together with an exit scam strategy, serious developers always have other options not just blaming anyone else but an additional plan not to allow the massive dumped to happen. if the team can handle and do buy back that not problem at all
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