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Topic: Why do lot of people hate bounty dumpers? - page 5. (Read 20314 times)

full member
Activity: 644
Merit: 101
One reason is because they need money that is why they are selling it right away. They worked for it so they have right on it. If someone is angry because of them on dumping then wait for the price you want to sell. Wait for at least 2 months or more until the price satisfies you.

As I've said they have right on it but what they did hurt the community itself. I also hate them but we don't have any choice. Being patient is the best choice and if there's any FUD then ignore it if you really trust the project to go on success.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
Hating bounty hunters for dumping is just like hating coin sellers, I won't put blames on bounty dumpers because they have all the right over there earned tokens, they can sell or hold it's there call, coins or tokens that suffers from dumps are weak projects
member
Activity: 316
Merit: 10
Bounty hunters is mostly the cause of project or the price to dump, but for me the tokens that I get from participating in the bounty, I keeping it and not to sell. In my experience shown in my previous action that after a certain time some of the coins rise well in value, but not all. It`s  necessary toupdate any new news about the alts and the progress of the development team, because mostly projects depends to them.
jr. member
Activity: 448
Merit: 2
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 dumpers are the worst people you can deal with in this industry so every project and many persons don't like this set of people because they kills many projects prices. This dumpers has no conscience
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
The project team should know that if they do a bounty they will issue an allocation to pay them because they also do what is offered so this is something that is fair enough. they also have to prepare a good market so that their prices don't fall or they also have to prepare a strategy to buy back the tokens sold by bounty hunters
member
Activity: 203
Merit: 14
I do not hate dumpers if they sell for a normal price once project is listed, so at least they get some 20 - 50 $ profit out. But i honestly do not understand dumpers selling 100 coins or tokens for 1 - 10 sat price.

I do not see any reason for that. Even if you would like to withdraw such profit you will end with 0.50$ cash out. That is not much even for 3rd world countries.
sr. member
Activity: 896
Merit: 253
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.
Because most projects when get listed on the exchange dont have much buy order so when most bounty hunters dump their token it will greatly affect the price that could hit the floor. And yeah you are right they have the rights whether to sell or not thats why teams/devs take precaution in this scenario, they always lock some tokens or delayed distribution for the bounty hunters.
sr. member
Activity: 672
Merit: 251
Most bounty participants were the first one to dump their coins. And dumping could make the coin's price go dump also. Since, there are so many bounty hunters that will be dumping their coins, it would create a dump on the coin also.
member
Activity: 94
Merit: 19
I also find it difficult to understand the hate with which many observe the bounty hunters, because in no way do they seem guilty of the usual falls that tokens tend to experience as soon as they are enlisted.

On the contrary, it seems to me that their hard work in spreading the news of each project is paid very poorly, because very rarely the ICOs offer more than 2% of the total supply.
sr. member
Activity: 1050
Merit: 254
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.
You are actually true, they have all the rights about the tokens but it's actually also true that bounty hunters is the main reason why the price of the token fall. Not only bounty hunters, but also early investors that got a big bonus on presale/private sale and sell their token directly after listed on exchange for quick profit.
Jpt
jr. member
Activity: 374
Merit: 1
I also do not even know why they entirely blame bounty hunters for dumping coins and helping fall the price of coins right after hitting exchanges. You are right only 1 or 5 percent of the total coins issued is distributed to bounty hunters and the rest of the coins must have helped increase its price. Some projects lock coins distributed under bounty campaigns in a bid to prevent dump of coins. But I think this act is stupid. First of all if a project is good and much promising, it will grow anyway.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
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.
Simply becasue they don't see any benefit of holding it for a long time and they are also afraid that their token will be valueless since a new altcoin has to surpassed a lot of challenge before it gets in top coins in coinmarketcap. Another reason is also the need of using the money. Bounty hunters most likely are not rich; thus they need to secure their needs and wants and selling as their coins as early as possible is the best solution for them.
member
Activity: 714
Merit: 11
BountyMarketCap
investors and traders usually hate it because they get tokens by buying and hope prices will continue to rise. while the bounty hunters get it from the results of their work and the allocation of tokens from the team to the bounty hunter is also clear and it's up to them to sell anytime.
member
Activity: 403
Merit: 10
Mostly of the bounty hunter are capable of getting rid of their bounty tokens because they are already aware that likely of the projects right now are to be abandoned by the owner or it`s price has been affected by the markets so they actually tend to sell right after receiving their tokens.
full member
Activity: 812
Merit: 100
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.

In some cases, the dump created by bounty hunters can have domino effect.
The dump might be scare the investors who hold a big amount of coin, and can causing they to sell the coin in massive amount.
But bounty hunters is not to be blamed, because they just want to use the money they received from their works.
hero member
Activity: 2366
Merit: 504
I honestly have a problem with this issue why most people consider that bounty hunters are the most dumpers. As said already, mostly 1-5% of tokens are allocated for bounty and why are we the bounty hunters always blamed for dumping. Don't we the bounty hunters worth what we do and wish to hold to get a good value? Those who hate bounty dumpers really don't read more and haven't come to the idea that only few percentage is always allocated to bounties.
there will always be a bad person, remember not all of the bounty hunters are good person dude. the fact that we have seen some of them are dumping their bounty tokens instantly. Without thinking a strategy to never try to create such a panic sell that will be affecting the market. But we can't blame them for this.
member
Activity: 378
Merit: 10
I honestly have a problem with this issue why most people consider that bounty hunters are the most dumpers. As said already, mostly 1-5% of tokens are allocated for bounty and why are we the bounty hunters always blamed for dumping. Don't we the bounty hunters worth what we do and wish to hold to get a good value? Those who hate bounty dumpers really don't read more and haven't come to the idea that only few percentage is always allocated to bounties.
full member
Activity: 532
Merit: 187
It's only a very small amount of coins there's giving to bounty workers. I think it is fair that people who have done a great job helping to promote a project have an equal chance of selling the coins there are giving for there work. Just like the people who bought in the main ICO rounds, or in the pre ICO or in the private ICO can sell their coins.
jr. member
Activity: 532
Merit: 6
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.

First thing first; there is nothing like bounty dumpers
The crypto currency space has dumpers either investors, presale or ico investors or bounty or airdrop participants

So let’s be guided and not term bounty hunters as dumpers
Thanks
legendary
Activity: 1722
Merit: 1014
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.

Trying to persuade people that such a bounty dumps are good, and serves for the purifying of the humanity, lol  Smiley  Every dump scares the crowd, that's no good for the market, people are losing their faith Smiley
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