Bitcoin Forum

Been viewing multiple threads on why coins dip after being listed on exchanges? Most of blame that goes towards bounty hunters and how they sell of coins immediately, effectively causing a mass panic, and eventual dump of the coin below ICO prices. But, they aren't entirely to blame, because ICO creators themselves have ultimately created their problems behind dumps.

Since 2017, bounties have become increasing popular, and with that popularity, they will have: more gates, require higher quality posts/accounts and force bounty hunters to perform more and more tasks, taking up more of hunter's time and effort. Most of these bounties also pertain to shitcoin scams, that are usually dead within 1-2 months after the ICO is completed. So there's a high risk pertaining their time being invested vs. payout.

It's in the best interest for bounty hunters to dump their coins immediately, due to high risks and uncertainty behind the teams of each ICO. If a coin can't pay for it's own advertisement campaign out of its pocket, then they are going to pay through the exchanges. You aren't getting free services/promotions, to further an ICO for no cost at all, there's a cost to everything. And, to add to this, if a coin can't cope with the amount of coins given away for free, then it's time to re-think your marketing strategies, not following the rest of the herd to get a bounty campaign going.

In fairness, increasing competition and the volume of coins launching are forcing all ICO's to have bounty and marketing campaigns. There are different and more lucrative ways to market ICO's btw, but they are less used and not realized yet by the majority of ICO's occurring, due to their lack of understanding.

That being said, there's definitely a high influx of new people entering crypto, and profiting from the few legitimate bounties and will dump instantly to reduce risk. This is only natural, as there are a lot of people around the world looking to profit from these types of things, and they support themselves/families on these things.

Crypto is much different now than it was 1 year ago, and certainty 2-5 years ago, in terms of the people who actually believe in the potential behind blockchain, and what some new coins are attempting to achieve. Most people in crypto have little to no passion for what this entire field entails, "cash out quick before your profits go to 0" type mentality.



just fyi: I've never joined a bounty campaign for an ICO



Edit: The points in regarding that bounty hunters don't cause price dumps, is valid. I was addressing the issue why bounty-hunters dump, as they are the ones that often get blamed for dumping (by everyone). Most ICO's get dumped for several other reasons, but, just wanted to explain this particular instance.

and the dumping is even more compounded when the ICO coin is a masternode one with a bounty. Than the early adopters from the ICO pre-sale set up nodes and often accumulate a lot before it even enters an exchange and when it does they dump to reclaim there money spent on the ICO causing a huge decrease in price. I have been burnt by a few masternode based ICO coins.

I've joined many bounties myself. Can't blame the bounty hunter some come from the bounty manager itself who created a bunch of Fake entries and claim lot more than others.
I manage a few bounty campaigns in the past I've seen many fake entries from the same people who try to abuse the campaign. Strict rules need to apply for a Bounty campaign.
and for the dumper, this problems kinda hard to be controlled. Maybe if they start paying using ETH, LTC or BTC that probably will solve this issues.

because this is the biggest year where many scams and they are not responsible for what has been done. Our Bounty Hunter feels where we can't enjoy the results of our labor so be careful

Very well said. Sadly, most of the ICOs have no marketing strategy at all. I think their only strategy is to raise money no matter what, and these campaigns appear to be a convenient way to achieve that cheaply. I have participated in a couple of ICOs and I have experienced first hand what you describe as bounty hunters dumping the coins immediately. There is a constant fear that the price is going to go down. If the project is legitimate, the price will go down for a short period of time, followed by a rise. But not all projects are legitimate. To prevent this, an ICO may choose to issue the bounty rewards sequentially, but I don't see happening often.

Multiple-entries and puppet accounts is a huge issues ongoing atm. But yeah, stricter rules are used to combat these accounts and malicious users. But essentially it's an ever-prevailing problem, where one solution creates another. Bounty campaigns will never go away, since they are synonymous with ICO's (always in high demand by users)

The number of bounty hunters is increasing, so the number of people participating in the bonus campaign will increase, so the number of tokens we receive from each campaign is small. So I'm no longer involved in the Bounty campaign

In must cases bounties are not to be blame, as must company dump their left tokens over that wasn't sold during the ICO/crowdsale, and they will now go about putting the blame on bounty. Example is cashbet

I would call it a dilemma, bounty hunters have 2 choices, either dump their coins one they got it or seriously but the risk of having this tokens plummeting is there. We have witnessed a lot of ICO campaigns never got to reach their ICO price again because of the sudden pump of bounty hunters.

But there are tokens worth holding but its really difficult for bounty hunters because we are in the bear season. Everyone is dumping as soon as they got their hands on their tokens. You can't blame them though, they have work very hard weeks after weeks so they deserved their payments.

Most of the time the bounty hunter do half fault, we need to blame bounty manager, the stake they will assign to some task will be so frustrating and they will also assign huge stake to some. Then those ones that received huge token will be the one to dump at silly price. Where those that received lower token will not be able to pay for gas

Are there even that many coins at all being awarded in bounties that have any value.  Most of the coins I get are complete rubbish.  I may have to re-evaluate how I pick bounties.  I have been doing Bounty Hive which is turning out to be like working for free. 

I think that the dump that bounty hunters do does no really affect the prices of ICOs in a big way because of the allocations for the bounty being only a small percentage of the ICO cap. What I think the reason the dump happens is due to the investors dumping their tokens because they would want to have quick profits and do not care at the projects at all. The happened because of the ICO boom when many investors saw they can have good profits in just a few months and it will not change as of the moment specially considering the framework that the ICOs have established.

The major problem is the incessant spam accounts that are joining. A lot of the low income countries are starting to catch on, and it's becoming a community business in countries like Indonesia, Phillipines and Thailand where there are coordinated efforts to manipulate bounties for personal gain. I personally think that only members and above should be able to participate, as it's quite clear that 90% of new Jr. members are just spamming up the forum.

The market is full of projects
Even those who prove their credibility may be weak and do not have a strong team and no good vision
And only a few are strong projects that do not want to sell their currency immediately
It needs to experience to differentiate between the two cases so find some fishermen do not sell immediately.

A good idea to evaluate the right way to choose a bounty. This is difficult to do because there is no effective way to determine whether or not a project is good. The dump problem by the bounty hunter, I thought, was not true, because it must have been anticipated by the development team. A good project development team will always try to maintain prices.

Somehow, project are to be blame for given immediately the token to bounty hunters. If they avoid massive dumping their they should lock the token by certain range of time. But I doubt its only the hunters that contribute the decrease of price. A good example is a project Elysian! They don't distribute the token to the bounty hunters until now and planning to distribute it by October end. But look at the price after the ICO ended it was decreased to almost 70% from the ICO price. This is a good example that not just the bounty hunters are to be blame when price decrease.

Well, in some way you are right. When entering the bounty you hope to get some profit from it for several months. In the next you get these coins then wait for their growth and as a result the price drops below ten times even though you could sell them in the beginning and even fix the profit. So in the end, you are holding and theoretically already leaving in the negative, although you could sell everything and buy again at the bottom. At such times it is better to do trading than to keep coins about the end of the project although last year the situation was completely different than now.

People dump due to uncertainty, infact i have experienced this so many times, but the truth remains that if a project is well managed and supported, no matter the dump the coins will still pick up certainly.

Bounty Hunter helps the team to create a community of tokens, this is very important.
because ico will die without a community, bounty hunters are not the cause of the decline in ico prices, but investors also do the same thing throwing their tokens immediately.

Currently participating in bounty campaigns is no longer a good income for the bounty hunter because there are too many scam projects. I think the participants should have a new direction for themselves to continue to participate in this market.

Despite the bitcoin drops, now many people are moaning this problem. There are many bounty campaign scams now, so many bounty participant don't get reward or tokens. It definitely disappoint the participant. In other hand, the number of bounty hunter are increasing, of course the number of tokens earn are lower.

Well, alot of the dump happens as to why founders refuse to sacrifice anything to the progress of their project.

One of the major problems which the bounty hunter have is the fact that they dump very quickly and this is detested by a number of investors and some reasonable bounty hunter. The effect of dumping quickly Can be seen on the price of the coin which will become low

i think  the  bounty problem is that they used to dump any coin gotten from bounties,,though i dont blame  them either because most coin  self are not valuable and they have no potential to keep for so long so that  is why they used to dump their token

Lots of problems have to be faced like fraud ICO. Or the token already acquired but not included in the Exchange. A number of the problems often encountered by bounty hunters. But this all depends on our ability to conduct elections to the ICO project.

Most of the project is very poorly shown at the stage of ICO and bounty hunters lose faith in the project. If the project can not redeem the tokens that the bounty hunters sell, it means that the coin have bad  liquidity. I think that the bounty hunterss will not sell the project tokens that they like.

also, the dumping is considerably more aggravated when the ICO coin is a masternode one with an abundance. Than the early adopters from the ICO pre-deal set up hubs and frequently aggregate a great deal before it even enters a trade and when it does they dump to recover there cash spent on the ICO causing a gigantic lessening in cost. I have been scorched by a couple of masternode based ICO coins.

There should be full transparency on the holdings of the project team, if it dumps that quickly it is likely to be pre-sale early investors and the team members. Bounty hunters only own 1 or 2% of the token allocation but we get the blame anyway.

The ICO project many scams and it's very difficult to track. Especially now that the price of coins was falling so that they keep the coins. With the condition of coins that fall is also impacting the not good against Altcoin who have not been able to get in Exchange.

I think that the major problem that a lot of us bounty hunters face is lack of patience. A host of us just think of how we get bounty rewards, and then sell them off as soon as we can, without even blinking an eye and thinking of how our actions affect the market. we should be more patient, and not everytime sell sell, sometimes, hodl.

I doubt the bounty hunters make as much difference as people imagine. I blame the founders normally, they heavily market during their ICO and then stop their marketing as soon as the ICO is finished, if it doesn't get listed quickly then obviously the price will drop.

This problem looks kinda real. I think both hunters and companies are to be blamed. Companies should start give hunters the confidence that their coins will worth more and hunters should trust them.

The major problem that bounty hunters has is their quickness to dump there tokens the gain from engaging in bounty hunting the dumping has a negative effect of the price of the coin

exactly and bounty campaigns have begun to scam out here...

currently the main problem most likely the existence of scam that is quite a lot in the ICO and it's not a good thing. This time it will be something bad for crypto and even in some time in the future than some time ago, even though it is so still there is also good potential who have the ICO and the way it is which is decent to be sought and followed.

For the bounty hunter - it's his earnings, so very often they sell their coins, even at a very low price to get paid for their work . You can't blame them for that. After all, at least this is a good opportunity for investors to buy a coin at a lower price

Bounty hanters special airdrop hunters is anxious to quickly sell their coins and transfer them to fiat money and rejoice their 2-3 dollars and will happy but they kills all prices and pushes price falling, they do not care about the future of the project, just to sell and whether that will be.Need rules that bounty can sell in 1-2 month after ico end.

In my view though bounty hunters can partly be one of the many reasons for the dump we have to remember that only an average of around 2% are allocated for bounty hunters so around 98% of the coins or tokens are owned by the investors and the people behind the project. And there is now a common trend that bounty hunters will only receive their share weeks after the project landed in exchanges...in fact in my experience the fist week's dump has no bounty hunters' involvement. The dump can be because investors are expecting that the value will really decrease after they are introduced in exchanges so they sell their holdings at a profit and buy the same later...if the situation is already favorable. The full blame is not actually on bounty hunters but the people behind the project because in many cases there is no product yet and the platform has still to be made...certainly there is no real value yet. I am afraid that soon only a few investors will be trusting a project introduced via the ICO platform because nobody in his right mind will love to experience a decrease in one's investment...

the biggest reason that bounty hunter is a problem is because of the low penalty for death. It's easy enough to kill a bounty hunter when they attack you. However, they most likely only lose 450 gold worth of gear each death. This means that they can attack you 11 times before it's no longer worth it to keep trying. If the bountied player gets killed, they lose an entire prot set, their bounty, and their streak. It shouldn't be that hard to win a fight against someone 11 times in a row. But if they're decent at PvP, they can easily win one of those fights if they steal your kills or attack you without any healing. They could also bring friends to make it even worse.

I think not all bounty hunter are dumper, just as mentioned in the first post that dumping coin isn't fully caused by bounty hunter.
I, myself a bounty hunter and I choose to keep my reward from bounties and wait until the price is good, and i usually just cash out my coins as much as what i need. and keep the rest on my wallet.

I'm a Bounty hunter and I agree with your statement.
Differently by others I study the project and I partecipate only if I like it.
Generally I hold tokens because I like the project.
This is not the vision of 90% of people partecipating, a lot of them come from Countries where you can live 1 week with 5 dollars... you can justify the consequently dump...

Many trouble faced by bounty campaign participants, from less token or coin reward giving by bounty manager campaign until receiving coin and token do not have value because the ico owner is not seriously for listing their coin on the market.

Then what really happens if the ICO price becomes not in accordance with what has been determined by the project itself,
other than the information above?

your right ihave bounty last there they are legit but now they are turning scam. so many project also in bounty is going dead its so sad for me

A good post with a lot of valid points, there is bad misconception amongst invertors that bounty hunters are the cause of price dump, the problem start from team, some team are so incompetent. And it reflects on the value of their token.

I think the dump coin isn't caused by a hounter bounty. because the hounter bounty gets a small number of tokens, the most coins are held by investors, so I don't think this is a serious problem and not a hounter bounty problem.

I agree. Bounty campaigns often last months. And it's funny to say that those who have spent months working and accepting only a small amount of money. The first problem I think this come from the project itself. Bounty hunters are the people who have the longest time to practice with the project, although more or less they know the project well or not? When they see a bad project they will leave immediately. Eg, I leave InterValue bounty campaign immediately when they are ambiguous in evaluating the work of the bounty hunter. In my opinion, the  coins dip after being listed on exchanges are often due to market-related factors and the project development team, not to the bounty hunter.

It's not just about hunters, but in general because of the market. if on a bull trend you got coins at an ISO price of $ 500 then they sold them at that price and higher. and now you get $ 500 and on the stock exchange you sell at the best for $ 50. hunters a lot yes, but not much do the content

Most of the chsllenges that bounty hunter face is not to be blamed on anyone else but themselves. truth is because of greed and incompetence, a lot of them fail to carry out taks dutifully, and that in turn costs them their bounty rewards. Some are really very lazy towards completing tasks, for some, it is because they have more than one bounty program they signed up for at a time.

bounty hunters have no problem but the investors blaming them for dumping the coins. but the price still depends on the project if it can gain support. if it have demands the price won't drop but instead it will increase. bounty hunters have the right to sell their coins if the investors or ICO team don't want them to sell their coins or own them better don't do bounty campaign.

The bounty hunter problem is waiting when the coins will be distributed, how much the value will be or if it is going to have a value. Worse is if the coins will be distributed after a year and no value at all.

there are so many scam projects right now ... they seem to have a very good project. but after they get investors and are not responsible. they don't care about how people help him in his project. this is what the bounty hunters really complain about

I often say that the fund allocation is only around 1-2%, the value is so small and there will be no effect to reduce the price of ICO tokens.
Just imagine how could a 50% reduction from the ICO tokens already listed on the Exchange then blame the bounty hunters of the thousands of people who only get the total of 2%?

I don't think that makes sense, it's still the investors who made the price DUMP because they get a lot of bonuses on Private Sale.