Bitcoin Forum

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

from bounty hunter perspective view i agree to that and true it can increase trading volume on market but to be honest it will not that significant.
also this is not gonna happen in the near future because project dev most likely choose to pay using their token to increase their own volume on market and increase their holder and transaction record.

Yes I think bounty hunters can improve trading volume if only hunters trade normally and not just dump away
Because improving trade volume is not easily moved

I don't think they can help in terms of trading volume. As you can see, most of the allotted budget for bounty is in the range of 1-10% of total volume. So as you said, it really is not significant. And the truth is, bounty tokens or coins can be found most likely in the sell order side. And it only has impact upon the receipt of those tokens by bounty hunters. After few weeks, the sell order at very cheap prices are mostly gone.

I am agree with you on this. I think the Devs doing something terribly wrong. They pay to bounty hunters at the end of the ICO and in one day there would be big sell and the coins loose their value in big time. All they need to paying weekly or paying in Ethereum or Bitcoin or and of the Top coins. If they keep paying with the project coins the dumping will be stay here forever.

Most likely no. Trading volumes can be increased only with large amounts of tokens, and since bounty hunters do not have so many coins, this is very unlikely.

I don't think so bounty hunters only hold a very small portion of the coin, in fact, they always have the smallest share, it's the whales that have the full control of the volume and price because the big portion of the coins are for investors, bounty hunters can only have an impact in the first few days after that it's the holders and buyers who will control it.

Going by your question if the bounty hunters can increase trading volume yes significantly they can to some extent but not to a large degree and not for a long time bouse most bounty hunters are like 'conductors' they leave from hand to mouth they don't have the habit of keeping their coin.

Unfortunately, it's very rare to see bounty campaigns that paid btc or eth, only those signature campaigns that's on Overview of Bitcointalk Signature-Ad Campaigns (https://bitcointalk.org/index.php?topic=615953) paid weekly payment in btc.


Somehow it helps, but personally I just hold my btc.


As I said, it's somehow affect, this will be just little compared to whales that manipulating the market.

It is completely natural and logical that if someone sells or buys something on the exchange, it automatically increases its volume.
Of course, any transaction made by a bounty hunter or anyone else increases volume on exchange.

Bounty hunters are increasing the volume, but they are decreasing the price  ;D.
In the 2017 nobody cares about bounty hunter dumps and now everyone hates bounty hunters because they think that the main problem is bounty hunter.

I have read in one of the comments before that bounty hunters are necessary evils because they contribute a lot in increasing the volume of a start up project. They also help investors in filling up their bags at a cheaper price.

That's indeed, the bounty hunters are giving a lot of impact and even these hunters are helping to trade it use their amount too. That means if that will be really helpful to increase the volume and attract more speculators.

They can increase trading volume provided that there are buy orders and there are investors who will buy orders, based on the performance of some of the coins I'm holding, many coins coming out of ICO into the market do not have buy order only sell order.

Its only possible if the coin was already listed on exchanges but since most of the ICO’s are really new in this market they have to pay bounty hunters right after they raised funds. Its not possible to pay weekly for a new ICO which has no value at all.

As a bounty hunter, I agree with you and I think that bounty hunters can indeed help to increase trading volume, but most of them are just people who don't think about the future of the tokens they have promoted so that the tokens registered at the average exchange immediately dump.

Anytime I make little cash from bounty hunting, I end up using it to trade either same coin or other coins. Some hunters actually contribute to trading volume, this is because they have the mindset that they will make more money by trading. And buying hunters in stable coins would be a better system and increase more participation.

All of us want this happen. But it just an Imagination if the bounty hunter dont think form long term and they just doing a short way for destroying the coin price immediately. Bounty hunter maybe must have little patience and more smart if we want this come true.

But here is where you see the conflict of interest, if you believe in seeing things objectively.

A company that does an ICO wants to develop the project, and at the same time wants to build a community that is interested and perhaps also wants to invest. But the mistake here was that ICOs saw community as investors, which in fact was only speculation type interest.

Not many hunters were actually users and adopters. And you are an example, as is OP, to still see the community as investors, traders and speculators who of course move on during a bear market.

I don't think so, bounty hunters are known because they sell tokens at first moment it is possible. I tried to hold tokens and I regret not selling them right away. After they dump it is up to investors and traders to increase volume unless bounty hunters are investors and traders.

These is the misconception about the bounty hunters and the generalized judgement! For me not all the Bounty hunters are beggars,dumpers etc, that others often call to bounty hunters.  others is an investor also or maybe some hunters are also doing trading and other form of crypto-investment, thats why it has no reason to doubt and YES the bounty hunters also helping to increased trading volumes! thats a fact.

There's no correlation for bounties to the market.
The rewards from the bounty are too low to affect the market.
It can increase the trading volume for a specific coin but it won't take a long time.

I think the main purpose of participants is to market the coin and create awareness about the project. These encourage investors to invest in the project. Some may patronize the project and hodl on to their rewards or coins. But mostly sell off their rewards. In a way, this increases the demand in the market and increases the value of the coin. I think it is the job of the managing team to maintain the value of the coin and not the bounty hunters.

I am not entirely sure we can paint the whole bounty hunters with a broad brush. There are multiple type of bounty hunters and all affect the coin in different ways. Some are there just so they can make a quick buck and sell and leave right after their job is done, some are doing this as a business and know what they should do and when they should do it and so forth.

However, some of them are actually interested in the project and do the bounty hunting because they can't afford to be part of it any other way so they provide their work instead of their money. The last type of bounty hunters could actually help the project and increase the trading volume, all others are just there to make money that is all. Bounty Hunters are generally not that rich, that is why it is not expected of them to increase the trading volume themselves but create a marketing and PR that will attract the rich to increase the trading volume.

It's a good factor that can increase trading volume if I may say. The thousands of hunters if treated well will help the project to get a good volume in exchange. But these days, project team do otherwise.

That's a good thought ,the answer is yes it will increase the trading volume but we all know that the human minds are of different thoughts ,some joined bounties to dump and leave and some joined selected bounties to hodl large percentage and sell the remaining like myself ,your point won't make an significant change

one reason why projects does the bounty campaign is for the purpose of increasing the trading volume and list the project on coinmarketcap, this is one effective marketing technique to do. of course the more volume, traders see more interest to the project without minding the bounty hunters dumping. anyway, if the project is good, the bounty tokens are just nothing compare to what it can become after wards.

Bounty hunters have been shown to influence market volume because we all know when they get coin distribution the first thing that happens is that many people blame bounty hunters that they cause a dumping price and that is proof that bounty hunters influence trading volume. but returned to the quality of the altcoin. if an ICO project has a good quality of course when entering the exchange their trading volume will be high.

indeed for this year the rewards for us are low because the market conditions are also down, but if the market has returned the bounty hunters will certainly promise like last 2017

I agree that the bounty hunter can increase trading volume, but not all bounty hunters like that. Only a few I think. There are still many bounty hunters who sell their tokens directly when they get paid. There are also those who only hold it, not buy it.

in my opinion the bounty hunter is included but the problem with this is that most bounty hunters always make sell orders at unreasonable prices and that makes a project worse than this but maybe it can happen because the project itself

I do not agree with your point and also this thing is needed to be seen in another sense i mean bounty hunters do help support the price and volume as they are promoting the project so they keep the name and details of the project in front of the eyes of the community so many consider to invest and trade in that project so definitely the impact is positive.

in my opinion this can play an important role also in the increase in volume, but it is more effective if every new huter has to buy at least 10% of the reward he can get

Bounty hunters are never worried the price fluctuations because they are always active in all the bounty activities so we never guide the bounty traders. In crypto platform trading is a ocean so carefully enter into this platform. If we start newly in trading low margin trading will good for proper investment.

I think currently bounty hunters cannot increase the volume of trading as they get a small amount of tokens after the token price has fallen or the tokens have not entered the exchanges for trading at all.

I strongly believe that bounty hunters influence market and trading volume, some bounty hunter are better than investor because they trade their token day after day while some investor will just prefer to hold the coin which doesn't have influence the trading volume of that token.

I do not think that bounty hunter payments can have a strong effect on trading. After all, as a rule, a pool of bounty accounts for 1-2% of the total number of coins. Agree that with such volume it is difficult to influence the market. So only whales can have a serious impact.

That's right, bounty hunters won't make a big contribution to the size of trade volume, the reason is that bounty hunters only receive a few percent of the total supply so that it won't have a large impact on price and volume, therefore I sometimes disagree with opinions that the cause of the dump is a bounty hunter

It depends on which percentage of the ico tokens is allocated for bountie hunters. If the allocated percentage is too high it could influence the price and/or volume.

Of course bounty hunters can contribute to the increase in the trading volume. Once getting listed to the exchanges certain amount will be kept as a trading support fund. If the bounty hunters suddenly pour it into the exchange the support fund gets disturbed. This creates a downtrend and the price dumping happens as the availability is high.

as long as they have the intention to buy and sell, I think it's possible. but if they just want to dump it does not seem. and I see the average bounty hunter after getting their reward. they always sell and nobody holds.

Yes, they increase the trade volume, but I can't say the same for the value of the coin. In general, the price of coins is reduced after the bounty rewards are distributed.

I think it can, as long as they are still token holders. they can continue to hold and do not sell the tokens they get. things like this are included in increasing trading volume.

Some projects give an extra fee for bounty hunters trading their coin on the stock exchange. Because they can really increase the trading volume.

Indeed, most hunters now only increase the small volume after that, and throw away all the tokens they receive from the campaign results.

Yes, bounty hunters can increase the trading volume of the market. Even though they got a little bit amount of tokens unlike the investors but it is still important so trading and tracking records is high

There are a lot of bounty participants. And if all these participants scientific to trade coin on the exchange, the trading volume will increase accordingly.

I believe that bounty hunter can help increasing trading volume of any cryptocurrency but not the price. Bounty hunters often sell token/coin which they got from bounty campaigns right after listing on exchange so it'll help increasing trading volume a lot but price will be dumped a lot as well.

Not a significant thing for it to affect the market price movement.Why? Amounts given or salary to bounty hunters wont really be that big.Its just a small proportion
allocated with the marketing funds so considering the percentage it would really just a small dust for us to tell that it can affect overall.

yes, indeed bounty hunters help to increase volume on market but sometimes bounty hunters don't care about price of ico because most of bounty hunters only want money even in small amounts

It can help any trading activity however small can help the volume to increase, but bounty hunters have the smallest shares in the supply and not all of them will sell right away, the big investors are the one who is likely to add volumes and control the price.

Very often, the bounty hunters reward for the promotion of the project is not a great opportunity to greatly affect the coin rate in the crypto-currency market, this kind of manipulation of the coin rate can be provided by the project team.

They can increase because they own the coin that they can sell anytime they want to, some of them are also investors they can buy more of the coins they've got from bounty if the project is that good and they believe on it's potential in the market.

Increased volume comes from both trading activity(buying and selling). Bounty hunters usually sell the free tokens without caring about the efforts of the team behind the project. Buyers are also hunters who want to buy cheap tokens from bounty participants and they sell these cheap tokens for their own profit. Massive selling creates liquidity and lack of sellers are the main reason why the trading activity is considered as low.

it's part of the bounty hunter function, increasing community tokens automatically increases trading volume.
even though it's small but the bounty hunter has an important role, the bounty hunter is not only the cause of the dump.

I don't think so but it all depends on the percentage allotted for bounty campaigns. But from the little i have seen most of the allocation is not that huge to enable a hunter to cause such a significant change during trading. Unless probably such a hunter cheated  :)

Many people see this as meaning and it seems to me that it would be more correct to pay in Bitcoin or Ethereum, but unfortunately, at the moment only a few projects are paid in Ethereum, and I think that the number of such projects will not increase.

Tokens allocated to pay bounty participants are not much compared to investors. And obviously most bounty hunters sell their coins at cheap prices. But that does not have much effect on trading volume because the amount of their tokens is only slightly compared to the allocation for investors.

It is possible for bounty hunters to help increase trading volume and help with listing on exchanges
There is a project called vanta which is currently doing that. the vanta bounty hunters have been asked to trade the airdrops they have been given  on a particular exchange for a certain number of days so as to get the volume up and this can certainly help with listings on other exchange and help the project in a very long time.

This is a positive things that project can try.

I think it's a little uplifting, because when the bounty hunter does their job, it's aimed at attracting investors or traders to buy. and not a few bounty hunters who also buy because the project is good, it is enough to increase trading volume.

Of course. because they will also get tokens and have to trade to exchange their tokens if they want to get money. so of course it really helps increase trading volume. so this is a natural thing.

What has been done by bounty hunters can certainly result in market price growth. The campaign to attract investors. And if investors are interested in investing, surely they will buy coins. While prize hunters also invest when the projects they follow are really good.

I do believe that makes prices drop dramatically when one of the tokens is successfully listed on an exchange are because of bounty hunters. You can imagine that every bounty hunter has a large number of tokens, let's say 50,000 per bounty hunter so they are able to increase and decrease the volume. This is the reason at some cases distribution of token, the devs do the distribution of tokens gradually over several months, the intention is only to avoid the bounty hunter who makes prices drop back.

I don't think bounty can increase trading volume, but rather decrease the price of the coin/token on which the bounty is being distributed to the users because they don't actually know the value of the token/coin since it was more or less given to then at no cost whatsoever. It is better to sell your coin and have a low total supply to maintain high price in the market than to give it as bounty to people for free.

You have a good idea but I think few organizers and developers of ICO projects will support you. Because they're raising money to make a product. If they had enough money they would be able to abandon the bounty program.

Bounty hunters certainly help in the development and promotion of projects, but it can hardly be said that they create trading volumes on the crypto exchange. It is their job, and tokens are their salary and more often they just sell the received tokens, and not trade them. If the project is really promising, then they can hold tokens, but it is rare that they trade them, because for trading you need to have knowledge in trading.

It does but the impact largely depends on the coins overall transaction volume.
So bounty distribution will likely have big price impact on coins with low volume but little impact on coins with large volumes

Only the bounty Hunters that too which are traders and not the investors, can influence the trading volume.
But this effect will not last long since he or she just want to see the altcoins which are received as bounty rewards.

From time to time I trade some altcoins. This allows me to increase the number of assets traded and make a small profit in ETH.  As a rule, I trade by limit orders. Although it is insignificant, but this is how I create liquidity and trading volume in the market.

Helps because they also have tokens to be able to get a profit. and certainly later it also affects the market to be able to get a profit so this is a natural thing

Yes bounty hunters can help increase the trading volume  of a coin once thier bounty rewards  is given  and will lead to a dump, they want to sell immeaditely there tokens without even thinking that it will  affect the price.

I think this bounty hunter has a big impact to increase the volume of trading prices. I personally often see that they not only campaign but also become investors. They are also interested in buying coins, so if the project is successful, of course, the benefits will also be great.

I think although i am bounty hunter, some bounty hunter out there only care about sell their coins/tokens and then cash out it. At least that is what i know at first to be bounty hunter, but some people might already changed and be investor.

You can say trading volume will increase when bounty hunters are dumping their tokens but after that, what next? Projects should not hold onto the fact that bounty hunters can increase their trading volume because I doubt it will make any difference after they dump

Trading volume will increase but it's not on a positive manner.
When they dump and there is less liquidity in trading sites, it will affect the price, some would still see even at 20% of the original value.
Some bounty hunters are just so desperate to cash out, they would not mind on the future of the coin they are holding.

They added in the price dumping if their sole reason for the trading is selling. The only added value in the price are those who buy and sell on a relative manner. I guess that's how it works in the real world. Hunters working in promotions in order to gain some money out of those tokens received.

i know alot of bounty hunters that also invest on the campaign that they'v joined . that's a genius idea because they can double up their assets and they can earn double profits as soon as their chosen ico succeeded  . others dont invest but they continue hodling thier coins  . they show up thier support for promoting the project not just on this forum but also outside the web  .  furthermore , a bounty hunter can indeed increase the trading volume of an exchanger  .

Only few bounties now are paying bitcoin and ethereum most of them pays their on ico tokens that has no value at all,and being used mostly to scam people so what are the trading volume are you pointing here mate?I believe that all the paying bitcoin/ethereum now dont even enough to move a single digit the market capitalizations so nothing to expect from this.not unless all the bounties will required themselves to pay weekly (not like what happening now in which the hunters need to wait for 6months to more than a year)(if not being scammed) then i think there would be some help in this case

Bounty hunters actually can help increase trading volume in the market, that's certainly because they hold tokens resulting from bounties, even if they don't just sell as soon as possible, some even sell at high prices to raise prices, this is good

I do not think that bounty hunters can seriously affect trading volumes. Why do I think so? First, look at what a tiny percentage of the total number of coins bounty hunters get. Usually it is 0.5-1%, agree it is negligible and can not have a significant impact on the trading volumes. Secondly, most of the bounty hunters are not traders, so they go to the exchange only once in order to sell the coins they have earned. They will no longer make any trades, and considering this, I believe that their influence on the trading volumes can be neglected .

Bounty hunter tokens/coins are around 1% -2% and I don't think that will help increase the volume on market other than that they (bounty hunter) don't all sell at very cheap prices

In my opinion, bounty hunters can affect the volume and price since mostly all of my participated projects are so wise enough that they intend to give the bounty reward on specific time inorder for the token to be hold and to not get dumped when they are listed in exchanges.

Some say bounty hunters make the price low. It may yes but not in a long term because it is only few percent from the total supply of tokens/coins but see it may also help increase the price as some are traders as well. Me, as a bounty hunter I dont want to get small amount when I worked for it for few months so basically I would hodl it or help it to increase the price and volume.

Actually, Bounty hunters can increase the trading volume of tokens but a little. Because Bounty Hunters only get a small amount allocation from the total supply. IDK why every project always thinking the bounty hunters is the main reason why the token price dumped, I thought the real troublemaker behind the dump of token price is whales... 

I think the participants from the bounty campaign will only make the price of coins or the price of tokens experience lower prices, because on average the participants of the bounty campaign will sell their assets at low prices and will make many investors lose.

I agree that bounty hunters are often accused of causing a decline in the price of tokens, even though they only hold 1% of the total supply of tokens.
investors have the biggest role in the destruction of a token.

This also has a way of influence the market and also play a major role in increasing trading volumes, however, the influence of their activities is so little compared to large investors are pushing up trading volumes.

The first question we need to ask is how much exactly project managers are being paid for it to have such a great influence on market prices, most bounty hunters can’t even trade with what they earn because they are so little depending on the value the coin was at the time of payment. The amount involved is little compared to what large investors are pumping to the markets.

Most bounty hunters just sell their token right after it get listed in exchange. In that case, it increases the trading volume. But in your OP you shared something which is not possible. No bounty hunters will buy back token later with their ETH or BTC.

In addition to this, I am also a bounty hunter and I have so many tokens that has not even entered exchange talk less of trading with them. I have about 100 tokens out of the 150 that I acquired that has not entered exchange, even the one that entered exchange are so low to trade with, so we just have to keep HOLDING it expecting a bull run on them. So like you said, investors and not only large investors are the major determinant of market prices.

Bounty hunter can increase market volume and can reduce prices drastically, after every bounty distribution I often see prices can go down dramatically and if the volume can reach minus 20 percent, this can be avoided if the bounty should be paid for btc or ether, this is good solution.

there aren't many ico who pay their campaign participants with certain coins. most of them give their tokens as payment for campaign participants. paying with btc or eth and other altcoins I think it's good but not all projects think that way.

I think what bounty hunters contribute to volume, it has only a very small effect because as you can see, the number of tokens that bounty hunters can get, it only accounts for a very small part, and the sale of these tokens, it will not create too big effects. Bounty hunters are not too powerful a factor in increasing trading volume, those who hold this role are probably investors in the project, they bought in ico time with very cheap price and huge quantity, their contribution will be very positive for trading volume

Basically that depends on how the ico can manage to be listed on the big exchange site. Big exchange means if there will be more volume and this will prevent that thing to happen. You should know the main factor before trying to say anything.

not all of them are trading their coins, most of bounty hunters are selling their coins after acquiring it and dont expect them that they are trading it also most bounty ICO wont pay in weekly or monthly basis usually they are paying after their ICO.

For me bounty participant's has a role to build much higher lagre scale of trading volume because of the bounty hanters and It takes a long time before bitcoin will end.

bounty hunters have good knowledge in most of the coins but they personally increase trading volume may nt happen but they hold most of the coins

Bounty hunters will only provide a temporary boost to the volume of a coin since most of them are only interested in selling their coins as fast as they can and then they never buy those coins again, however since they are holding so few coins their impact is not as big as many people claim, the only way to increase the volume of a coin over the long term is for the developers to work hard to fulfill their promises, something that only a few do.

Every project would want their tokens to be traded and have large volume in the crypto martket and this is why the project managers do not want to give bitcoins or ether to the promoters. Most of the devs believe that bounty hunters hold just an insignificant of the total supply but they can trigger trading on the exchanges.
I do not actually think tokens are given with the purpose of increasing the trading volume because they could have done it on their own but it is because they cherish those ETH and BTC than their own coins/tokens.

it depends on the action bounty hunter, what they do when they get paid for they work, whether they trade or they sell it at once, in my opinion the bounty hunters will not affect the increase in volume

If they had all just embraced BTC as means for payment for their ICO, I believe Bitcoin would have long been on a BULLISH market but many of them aren’t even sure of their project because once they pay with BTC or ETH, a lot of bounty participant might end up withdrawing it since it doesn’t require the hunter to wait for the token to enter exchanges. Most of their token ends up becoming another shitcoin birthed especially when the project is not a viable one.

I don't agree with you. Bounty hunters also participate in every trade with buying and selling the coin. They mainly sell for the low profit but I can't blame bounty hunter for their behaviour. They are paid for a job and they deserve to get payment with selling the coin for cash.

Oh yeah, sure! Bounty hunters contribute a greater part to the growth and development of many coins. In fact, when you examine the contracts of many ETH-based tokens, you'll find that the number of token holders only increase after bounty payments, and that's a major contributor to decentralization. Moreover, there are bounty hunters who're also traders and investors and as such the better they see a coin to be, the more they invest or trade into it helping build/develop that particular coin.

Unfortunately, we seldom saw ICO paying their bounty with a tradeable coin in the market like Bitcoin, Ethereum, bounty hunters will prefer these options when they see one, ICO now are more preferred to pay with their own token, keeping tradeable they accumulate, because it's double for them.

That is, as "will not affect"?
If several bounty hunters trade their assets, they increase the volume of trade. This is especially true for illiquid assets. Perhaps assets with trading volumes of several thousand dollars are being created by bounty hunters. Investors do not trade, hardly anyone else is interested in illiquid assets.

BS IMO

Indeed, bounty hunters participate in trading activities, so they also support increasing volume but as you say, we can't blame their behavior when it's their reward, they have the right to decide and the volume they can produce is negligible when we can see the value of a bounty, it is not too big. Hunters do not bring too much good or bad influence on the volume of trading of a project, much of that influence comes from big investors and developers, the shares they own in the project are too big, the waves from trading volume are from them