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Topic: Why do lot of people hate bounty dumpers? - page 34. (Read 20290 times)

full member
Activity: 462
Merit: 100
Selling or holding a card is the decision of every individual. Bounty hunters selling their cards to make money for the time and effort they spend are an acceptable thing. But this does little to affect the project when it comes to dumping. But their token is very limited, if the project is strong enough in terms of goals, technology ... I do not think it will be affected much.
member
Activity: 182
Merit: 10
I agree that it is pointless to hate or scold bounty hunters for the fact that they immediately sell tokens at a high price. it's their right, their strategy. you just need to take this into account and model your personal strategy.
sr. member
Activity: 1862
Merit: 295
GOD is TRUE
yups we have to think positively about it because with the release of tokens held by paid hunters at low prices, of course this is an advantage for those of us who trust the project to have excellent potential in the future, especially if many participants bounty release tokens on the market first of course it will have a very low price so we can buy it far below the ICO price.
newbie
Activity: 87
Merit: 0
They cry because price dicrease that's all ! Grin
The solution is to try to select the bounty hunters (same for airdrop) and select people who really believe in the project, people who will hold it like ico buyers ! An Hard quizz on the project for example, people have to deserve it ! And so bounty holder will not sell it to the first exchange Smiley
member
Activity: 420
Merit: 10
I can't understand how bounty participators can dump tokens price. THey don't have enough amount of assets to influence the price!
sr. member
Activity: 1274
Merit: 263
Most of the bounty hunters are really sell their bounty onceit listed to the market and that is not good for the people who invested money because if the price dump the investor during ICO lost some of money and that is happening now I think. Im not say bounty is bad but I hope the bounty hunters will hold their bounty once they get it for all benefits.
full member
Activity: 798
Merit: 104
Poeple hate a lot of bounty dumpers this is becuase it can contribute to the market the value of token price making cheaper value. That is why many investors will got loss of capital invested because there some members will easily dump there token even though the value of token is getting increase in the market.
member
Activity: 210
Merit: 14
The revolutionary Export system/One-click Export
I agree with your view on difference of situations. Some times holding isn't profitable just like fast selling. It depends on the essence of the ICO.
jr. member
Activity: 378
Merit: 2
Most times, i discovered that investors are the ones that lure bounty hunters into selling lower that the ICO price. I have seen situation where those who invested would first sell part of their tokens at very low price, so as to intensionally dump the price. So, for some bounty hunters who care less about the price and who need immediate money, by the time they login to the exchange, they just sell at the latest selling price or at the available buy price.
newbie
Activity: 44
Merit: 0
Most bounty hunters forget that they worked for the rewards they received. But instead, after you pay they just dump any price.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
I'm not sure I've ever seen a bounty that constitutes 5% of the total supply, but if I were an investor, I would definitely be extremely worried if the bounty was such a high fraction, that leads for an extraordinary risk of a market dump once it hits the exchange. The probably is bounty hunters often sell below ICO price, making their investment automatically worthless, for most projects it's actually wiser to buy in after it hits an exchange for this very reason.
newbie
Activity: 202
Merit: 0
actually, with so many people that selling their coins at the low prices, it will make a bounty hunter and investor get the big losses. it would be better if we hold the coins that we have if the price is cheap, then we will avoid the big losses.
member
Activity: 378
Merit: 10
“Revolutionising Marketing and Loyalty”
I also believe that bounty hunters can not reduce the price of tokens after their release on the exchange 10 times as it now often happens.
apparently this is done by investors themselves?
member
Activity: 336
Merit: 15
Mining. Hosting. Cloud Mining.
I also keep most of the tokens I have earned with my bounties.
But I also don't see the harm in dumping. It get's the trading started and smart traders can pick up cheap coins.
So, what is the real problem here?
member
Activity: 775
Merit: 11
Not all bounty hunters are dumpers, because most are now becoming wise and have the understanding that if they hold, they will be in more profit than dumping. I have some coins i am holding and i am not regretting holding them till now, because i know what the future holds.
I believe there are many bounty hunters like that, especially when they get coins that they believe have a good future, they will definitely hold it back even though at that time the price was good because they believed that it was still not at the best price
full member
Activity: 627
Merit: 103
Thanks for the nice explanation. People who blame bounty hunter for the token price dump, they just want to ignore their fault or they know nothing. As you mentioned bounty allocated only 1-3%, then why investors are too much panic about bounty hunters. Bounty hunters sell their earned coins, they earned by the hard work, they work to make the project success. And some dishonest person blames then without proper reason. They forget about the Presale investors who get a 20-60% discount.

We need to stop their fake blame. They have no right to blame bounty hunters.
full member
Activity: 420
Merit: 100
I also don’t understand those who care so much about other people’s money. They have their ultimate right to do anything with their tokens, why do some people get emotional about this?
full member
Activity: 420
Merit: 100
yes I agree with your opinion, holding the coin for too long will be at risk with hackers intending to steal all the coins. it is unfair if the only bounty hunter is blamed, because investors will dump their coins when they know the price will fall.
newbie
Activity: 126
Merit: 0
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.

I fully agree that the bounty ratio is 1: 5%
Not enough to make a big impact
On the other hand, the bounty hunters should be smart
And wait for good prices.

Ideally 1-5 percent as bounty pool will not make any impact if the market is bullish and demand is high, but in a bear market, demand is low and the 1-5 percent gets recycled, and the process ties the token price at a certain range,that is the problem, unless demand grows astronomically to break the cycle
hero member
Activity: 966
Merit: 546
It's almost always best to sell ICO tokens as soon as you get them, for many reasons. Most times when coins get listed on a new exchange or an exchange at all, the price rapidly falls. You would be smart to lock in profit. If too many people do this then the market for that coin will crash though, even if it's just 5% of the total coins that is usually way too much to dump into a market. So people try to tell you to hold so they can sell their coins first at the best price.
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