Topic: WHY WE BOUNTY HUNTERS HAVE SUCH A BAD REPUTATION - page 4. (Read 1343 times)

The pursuit of profit can create a bad cash flow for the project. After all, a large number of people or accounts that sells even for 100 dollars of coins, can very much squeeze the value of a coin on the market.

The most important reason for this is ICO project teams who run away with money or make no effort to improve their project. It isn't fair to blame the bounty hunters alone.

That is why you should always do your own research to find projects with real potential.


You could also add a third point to your list: followers with no interest in the ICO. Let me explain: sure, a 50k Telegram group looks nice, but by now everyone knows that 99%of the members are from bounties/airdrops, and does not plan to buy the tokens at all. They only care about collecting some free tokens, and possibly dumping it after the first listing.

This is entirely a wrong assumption, how is it believed that the coin dumping is done by bounty hunters, the token allocated to bounty hunters most times could be around 1% of the entire token. The value of crypto is increasingly on the decline and I think developers will equally want to recoup part of what they have invested and in paying their staff. In as much as I may not exonerate bounty hunters from the blame, It may not be entirely from them

I'm a bounty and I do not have a bad reputation . The claim that bounty hunters cause a coin to dump is scarcely true in my opinion. This is because these ICOs give huge bonuses to private investors and VC's. Some of these bonuses are without lock-in periods, these guys dump these heavy bonuses upon listing, unchecked, I mean it's their money, you know.. Mind you, airdrop and bounty usually make up a paltry 1-2% of the total tokens in circulation.

Personally, I do not sell my bounty tokens at first exchange listing. It's almost a rule of thumb for me. This is partly why I have tokens with prices below the ICO price, and I'm not worried especially for good projects as I know I'll be back in profits soon.

As for manipulations and cheating by bounty hunters, this is so true. The constant complaints on telegram group of people impersonating others just to claim their spoils.

You cannot blame bounty hunters for dumping the coins when they get them. The reason that we dump the coins as soon as we get them is because we understand that many of the new projects will not last for a long time in the market and we do not want to end up with worthless coins in our wallets when the project finally ends up crashing.

I agree with you, but not in everything. Small investors also sell their tokens immediately after entering the exchange and lower the price below the price of ICO. And many bounty hunters do not sell their tokens at once

i also agree that locking the bounties will not cleanse the forum from bogus bounty hunter. i am a bounty hunter also but i do not dump bounties. it is the developers jurisdiction on how much they will alot in a bounty. if they raise high for bounty it is their problem they must have anticipated dumping from bounty. the merit system is enough to maintain the quality of this forum.

If I believe in the project, I keep the tokens at least six months, never cheated in the spreadsheets. But I do not want to wait for my tokens for 3-4 months, this is not fair.

You do have some valid points here and I do respect everyone's point of view, even if it is different from mine but the fact remains we often in our community make too many rash and bad decisions and panic selling is not the way to go. We are doing ourselves and everyone else a disservice and either we need to learn to be better traders to help preserve better entry and exit points or we are not mature enough for this Industry. It's also the Bounty cheaters, they all need to be hunted down and blacklisted. These nasty elements need to be done away with as soon as possible. Instead of spending time cheating, they could put their heads down and create their own content to get paid.

I do not think locking up the tokens will make any difference as they will again be dumped as soon as unlocked, personally i never dump below ico price myself, i think more than bounty hunters it is the market condition which force even investors to sell and escape, you know panic selling, so we cannot blame bounty hunters only, we have seen prices going 10x-100x in bull season why dont they blame bounty hunters during bull season.

It's such a shame that although Bounty Hunters do provide value as a community we are really beginning to get a bad name in this Industry. Primarily for two reasons.

1. We dump the tokens we get as soon as they get listed on exchanges. For example, MONEYTOKEN LAUNCHED today on exchanges and it was dumped hardcore, of course,  who else other than BOUNTY HUNTERS AND AIRDROP PEEPS. My Hubby also made two videos but he said no way in hell is he literally giving away the coin way below ICO price. We live in Europe as well, so we don't have the cheap living costs many bounty hunters enjoy who live in Asia and Africa. I know we all have to survive, but we are looking more like beggars now in the crypto community with no self-worth. Maybe alot of bounty hunters don't value their time or themselves but come on, way below ICO price you go and dump the tokens, have people no sense?

2. 2nd point is the rampant stealing and cheating. EVERY DAY we are finding idiots trying to claim bounty stakes by impersonating us and stealing our videos or blog reviews. No wonder now so many ICOS are requesting us to do KYC, we are not to be even trusted to do a decent job.

I really think the bounty industry as to be cleaned up and I would prefer it if bounty tokens were like locked up for a few months before we could all mass dump for so cheap and then Investors getting so angry and pissed off at us. I know everyone in crypto is selfish and for himself only but come on being too selfish is actually shooting yourselves and all of us in the foot. We will never get lambos and moons at this rate lol.