Bitcoin Forum

Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading

Dumps are something a new or old crypto project can't escape, since all coins are designed to be volatile it will surely happen at one point in time, all you have to be aware of is the project use case before promoting, consider checking it's use case very well, if the use case is very useful the token or coin will easily recover

Dumps are inevitable. Bounty campaigns are there to promote the project and to spread the awareness about it. It is up to the investors and bounty hunters whether they would dump the coins or not if it is listed and so far the majority of them are dumping to get some profit because of how volatile cryptocurrency can be. Since it is hyped already, of course investors would see it as an opportunity to get some profits.  Don't worry, it's not just you.

Actually to dump is not the purpose of the bounty campaign. It is to spread awareness and if possible hype to the project.  It is one of the marketing strategies of any business that opt to fund them through people's money, .a.k.a ICO, IEO, ITO, IPO, etc.   The major reason why several projects get dumped the moment they get in exchange is that many of these projects offers discounts on investors.  Like their regular price is x USD but they give it at the price of x/3.  So who is in the right mind won't sell if they saw 2x 3x profit?  Thus, dumps happen.

Bounty projects aren't intentionally using bounty hunters to promote their projects so they can dump, some might but not all of them, the coins are trading on exchanges already, they aren't planning on raising funds again right? Not all listed bounties are scam

As you join a bounty campaign, either for a tradeble coin or a new one, you are sharing the risk with investors and token holders to lose or profit less from the work you are aimed to do.
I can't confirm that not all existing bounties are scam or part of scam, but i did always think it's a waste of time and you should lose efforts more than the gain you may get.
The best i can suggest to you is to check old projects started with a bounty campaign (most of them are already dead) and if there is a real profit obtained by those who joined it.

The main purpose of a bounty is to spread awareness about the project.

And since you talked about currently "listed", dumping can't be avoided. But in the first place, does it really create hype during the campaign?

What token are you pointing to? Maybe I can give you a much better insight.

Not only you mate but almost all bounty hunters. The bounty hasn't been favourable to us from 2018 till date, many projects after doing their ICOs or IEOs will change their mindsets towards considering dumping of their tokens on exchange. Basically, I won't advise new project to be invest on because they are after the funds raise than the project progress. Also, the bounty hunters do more of their dumping than some project teams.

Am also thinking alongside that line bro, not just listed project I think some new projects also use same strategy, take dogedata for example, see how price has dump really bad even before bounty distribution, same thing with listed projects they use bounty as a front to have the opportunity to dump their tokens, but not all of them are like that.

In low volume exchange, new projects can't raise enough funds to run their projects. Good projects want to provide low bounty allocation to protect price dumps. That's right, only new projects are doing it. Don't care about the price and keep dumping. From the last bullrun, several coins supply has increased to maximum supply. INScoin supply is the best example of this situation.

This is the reality of crypto currency today, projects turned out to be a business hustle between projects developers, and bounty hunters and this is why emphasis on research is vital.  Before joining trading Bounties, check the volume, check the trade history and the support levels, estimate the success limit before participating

Bounty campaigns are a cheap way of advertising. All they promise in most cases is worthless tokens that have no value or very little value in exchange for your time and bandwidth.

By now you should have figure out this already. Always participate at least in bounties that pay in Bitcoin or a few other valuable top altcoins

A new project can’t guarantee a big price pump on its very first day or week after listing because the demand will still depend if your project is good or not. If the exchange listing is a pure hype then you can expect a dump price within a day.

Bounty hunters are also dumping their rewards easily because they also know that the price will go down after listing. If you’re a believer of that project then you will hold until you see its great value, well for me it will still depend on a project.

Most projects in the altcoins board are crap so the team usually dump it the first time they hit in the exchange. But unfortunately, at that time, those hunters haven't received their share yet. So usually, the price is already down when they receive their share. So there's no reason for the hunter to hodl it long, because it will only go down. Better discard it while it has still value. Otherwise, you will be left bag holder of useless coins.

Yeah it is really disappointing scenario, even the projects that have paid boumty rewards tokens, the price dumps multiple times to new lows just before bounty distribution and it dumps further after the distribution for serious promoters and hodlers this situation is really worrisome, there should be a mechanism so that the prices can be stabilized around ico prices atleast.

Of course bounties are used to promote a project, that's the definition of bounty - a social media campaign compensated with tokens. A few years ago the scammers who ran ICOs could get most of their profit from the ICO itself, now they also sell their issued tokens on exchanges because there's not much initial investors. Perhaps they even do like you describe - try to sell before the bounty hunters, because bounty hunters can crash the price. If this is true, then it only signifies how unpopular the ICOs have become. Maybe it's time to already acknowledge that bounty hunting isn't worth it anymore?

Bounty campaign whose tokens have already been listed on the exchanger I think will slightly affect the price in the market. Investors will wait for tokens to be dumped by bounty hunters and I think this is reasonable because investors will definitely try to buy at cheap prices. For hunters, campaigns whose tokens have already been listed on the exchanger will be profitable because they don't have to wait long for distribution or selling tokens.

It always happen because some are here to make a quick profit if the project is good even if there are dumps in the initial stage of listing, it will eventually recover and prove itself in the market, if you are holders and believe in the project worth then don't be part of the dumpers.

Investors is having a suicide if they'll kept on investing with uncertain tokens that doesn't have strong community. Bounty hunters who doesn't have plans for their rewards, has no room for future of an specific project. What they have is greed in their hearts, and don't care for the benefits of other holders.
If I am part of the bounty, I would choose to sell what I only needed to and avoid having panic when market declines.

Yes, thats exactly one part of the price of crypto being more secured, decentralized and private.
Is it a thing for crypto to overcome somehow - Idk honestly

If the new project listed on the exchange, the dump will coming for the new token/coin because the investors and the bounty hunters want to make money from the project. It is normal to see what will happen in many new projects, but maybe the developer can prevent the dump or join with the dump, which means the developer can sell their token at a price. But some new token will get a pump for a second after the new token listed on the exchange, so I think the developer can sell their token at the high price.

This is not only for bounty hunters but also for investors. I think that some projects deliberately spend a lot of money at the beginning then they destroy their own tokens. Well, for some projects, it looks like you think. However, I try to keep positive thinking that maybe in the future, the price of the coins can be better.

Bounty hunters joined bounties that are trading simply because they are listed on exchanges, all they have in mind is they will be able to sell once the bounty token got distributed and this makes them less eye opening to how good the bounty project is, not all listed bounty projects are good

What is their purpose in destroying their own tokens? Is it to cut supply so make prices rise? If it's like that then I believe in a project uses this method. But in reality, their tokens are still cheap and don't have good volume on the Exchange.

If the project is really useful, their tokens might still have chances to dump but later on, it's value will recover again. This is not new to bounty projects nowadays and even bounty hunters are already used to it. But with thousands of bounty projects in the market, bounty hunters still try their luck hoping in the end they can receive rewards tokens that are of better value.

Im thinking maybe you are right about that but of course we cant say all for them. There are still some good projects launching bounty with sincere intention. If there are developers who are like this kind of people then those are abuser of knowledge they have and merely skipping the hardship of earning money. Its easy way actually to make a project popular and leave it afterwards. They can always says the project still continue but the truth is they are creating ways to exit slowly without being noticed.

paying bitcoin campaign have limit to its participants amount , and also not all rank or member could not participate cause its very restrict.  usually this campaign will require merit , and this is be main problem for several member.

It's why ICOs exploded a few years ago. The first ones to profit off them were able to get rich out of literally nothing and some people are late but still trying hard. There are a lot of shitty tokens that were simply copied from each other and I would not be surprised if they all actually had the same owner too. Going into bounties and crappy tokens in a hope of claiming a valuable coin for free is just a worse version of taking the entire NYSE list and pinpointing a completely random business to invest in.

This only means bounty now a days is not great way to earn money find your skills or learn a new skills  make your own service to offer and earn money from it in that case you don't need to always rely on bounty rewards that they give you can start your own ways to earn money as freelancer that offer a service.

It's a shame what listed bounties are turning into, blockburn team refused to distribute bounty token, they promised after 3 months later but yesterday I find out that they have changed date of distribution to 6 months later, another listed bounty project that disappoint me was I.Q cash, distribution is not done yet but price have dumped alot, the price was 0.33$ before and now it's 0.04$.

You are not alone, I sold my Spyce tokens for penny after it dumped alot even before bounty distribution started, I guess the mistake was on us bounty hunters because Spyce use case isn't that great, ARCS bounty is trading too and the price have dumped many times but still recovers, that's example of a very good coin, they recover easily

Do not promote bounties simply because they are already listed on exchanges, this can easily get you blind from detecting some real fact about the project, just because it's listed doesn't mean it's good enough, you need to do research still and not set eye on its present value

Possibly but not entirely true, it depends on how good the bounty campaigns are, what about bounties that are trading at lower price and after distribution the price start surging? Tachyon protocol was an example

Not just a discount but many of them offer airdrops that anybody can join with a small amount as a reward never knowing that those airdrop participants will sell their token or coin the moment it got listed on an exchange, one more example are those that do a 2nd phase ICO which they will sell there token a tad bit higher than the first, bounty hunters have a part on it too.

Listed projects are still risky, don't be fooled just because they are available on exchanges, some might not even have good volume and some might be listed on bad exchanges like p2pb2b, the ball is in your court, choose wisely

Bounty campaigns are created to market and promote the project. The hype it creates attracts more investors and supporters. It is always possible that when the project becomes listed, the price will pump and dump. I think it's obvious that the project will prioritize their investors more that is why they hold distribution of bounty hunters' rewards to avoid too much dumping of coins before the investors.

Yes, choosing projects wisely is a very good thing for every bounty participant to do, because at the moment it is very difficult to know which are good and which are not good, even those that have already been linked in the market are also not necessarily good , because all that still depends on the applicant and also the number of requests to buy on the token.

joining campaign already listing is actually not a guarantee that you will get a lot of money but at least joining campaign already listed guarantees that you can sell immediately. for pump and dump it all depends on the quality of the project. so always doing the research well

Tokens can lose value anytime but it still depends on how good the use case of the token is, look at Cartesi bounty campaign, the project is good enough that its stable at 0.033$ to 0.04$ area, it's been months already, unlike many bounty projects that loses all value in days right after trading starts

It's not only you, and what you just described here happened before, probably more times that we know. With bounties anything is possible, we saw amazing scams here, and we read testimonies from people about who got scammed in zillion ways. I participated in few bounties, call it luck or a good research I never had problems, and I got some nice amounts of tokens that I transferred in ethereum or bitcoin, so I can't complain about bounties, but some people just rush from one bounty to another without any kind of research, they are blinded by huge promises, and they got in trouble later.

Yes, this is how it work. Shit project emerges. They start paying people with their own shit token to advertise for those shit project and some what creates a hype by proposing a mind blowing but impossible (by their fake team to be more precise) idea. And then there are naive (and some stupid) investors who invests on those project and tokens.
Once they get investors money, they dump their tokens for extra profit and are never to be seen (but comes back with a new look and project).

That's not what it is but it a vice-versa circumstance because there are some project owners whose purpose was to scam investors and the process they used is what you said while there are some project owners which lack the better management knowledge which will positively influence the right of their coin.
Thats why it important for bounty hunter and investors to also study the teams knowledge and how deeply they really want the project to flourish.

yes, sometimes projects that have entered the market, their buy orders do not exist, there are only selling orders, projects like this must be avoided because they will not be able to make money, if they follow the bounty they hold, surely it will be difficult to develop also because there are many sell their tokens

Cartesi is listed on Binance hence other bounty projects are struggling to even get listed on low market exchange. Maybe there's really difference when it comes to quality of bounty campaign and the project we are promoting. But the idea is actually common, some campaigns are just abusing the participants or even using them, they will only distribute during the time the project worth is near zero. These people are wise to do that.

Yes, the opportunity to get a lot of money is not a guarantee on the projects that have been registered, but it can help the campaign participants when he wants to sell tokens directly from the campaign at the price requested by traders in the market.

If the token can stable at some level price, maybe it because there are not many people who have interest with the token or the and the team try to keep the price to that price level. We don't know about that, and I think we can move to the next token list to find the potential coin which can give us a chance to make a profit.

Many bounty hunters are attracted to listed bounty campaigns, this makes them lose their senses of doing better research, they relax thinking they will see good reward since the tokens are trading, little did they know that some tokens are bad even if they are listed and trading on exchanges.

1. They failed to check how demanding the tokens are.
2. They failed to check market cap and volumes of the listed exchanges

Basically, each project is not in the same condition, so do not equate one project with another project, Cartesi is in great demand by everyone, so it is very reasonable if the Cartesi token price is always stable at $ 0.033 to the $ 0.04 area.

Yes, because the outcome of the whole project including the price will always depend on how the project team will handle it. They are all different from one another, just like the given example, Cartesi, it is one of the great project nowadays, that's why its price does not drop to the lowest when it was launched in the market.

Yeap, Always back with same scheme. Just different "Use-case" and almost same team too, Really hard to find real project with real use case right now, We need more be careful and also if possible joining through IEO on reputable exchange, Atleast it's positive point and we can do other research. Just need to be more careful and do deep research before investing, Cheers mate!

Here is a good tip for you, and you can thank me later,,, consider ALL projects to be bad, not good, terrible etc.

Does not matter what is listed, what has a good team, what has a good whitepaper. Consider all of them bad and do not invest or join to make money.

But if you find a app/service/product you like? Ah, this is where you go and support it!

Now there are lots of tokens from new projects like that, so we also have to check them first when we want to promote them, because things like you said have happened very often in new tokens on the market.

There's more requirements because the payments are fixed and they only accept some participants because running a bitcoin campaign could cost a lot depending on the rates per rank. Merit isn't always a requirement on all bitcoin campaigns sometimes there are managers looking for certain posters that are very active on specific boards.

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That's how they give their investors a head start in trading, back then it was a free for all whoever is the first one to sell gets the most profit.

Yes, not only you but almost all crypto users, especially gift hunters, also have the same thoughts as you. this is a form of the project team's own scenario to attract investors. don't be surprised if the bounty project is complete and the bounty hunter gets the project token at a low price.

It would be great if we always had projects that were willing to pay with bitcoin or valuable altcoins, but such projects were few and had difficult regulations.

The best tome for bounty hunters was in 2016-2017 years when there were a lot of projects which can easily pay you more than 1k$ for your work, but now most bounties just promise a lot and very often break their promises, so bounty hunters feel deceived. I faced it too and it`s sad.

I think that has been set by the project developer itself, that's why we have to be more careful before making a decision about investing in crypto or taking part in it. The coin hype often occurs before the bounty project is completed and can certainly endanger investors and prize hunters.

Such a strategy for sure makes sense, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, reliable and, of course, bring real and practical value

Absolutely so and I fully agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

Nope, I wouldn't say so. I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - Centric Foundation. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the industry

Centric? Hmm, it seems that I haven't heard of such a platform before, can you please provide more details on what the solution stays for?

Centric is a web 3.0-based payment network composed of two digital tokens that promote stability, incentivize structure for early adopters, and safely store value. The exchange between the two tokens is governed by a decentralized smart contract and a self-regulating protocol. But you should better Google guys to check out more on what they are bringing

It is not only you that have that kind of thoughts. I'm always surprised because some bounty project will be doing well in the exchange but once they announce the distribution of the tokens for bounty hunters you will see the rate at which the value of the token dump. Actually, this happens to most of the bounty project which means that the dumping of the value in exchange is inevitable.

basically dump are inevitable. this all applies to all new projects, whether he has a bounty campaign or not. don't think only bounty participants are disadvantaged, try to think of investors too. the main reason for dumps is that one of them is a sales bonus when pre-ico or private-sales are too large. investors who buy when tokensales will get a loss before they get a profit. and sometimes there are also some devs who deliberately dump in the market just to get more money.

so basically all who contribute are disadvantaged. just because devs want their tokens to sell more, they use bad methods

Yeah, it wasn't just you have that kind of thought. Me too but there is nothing you can do about it. At best, you need to choose a good bounty that even when it loses value, your reward still worthwhile of the time you have spent.

I think all bounty hunters know it and see it, of course you can hold, but it not sure will raise someday, but you need salary now... I think need to pay hunters only in stable coins, it will be honest

in my opinion it is part of the team's strategy to attract investors, bounty hunters can't do anything about it, they can only hold or sell it cheaply

Well, due to volatility of the entire market, dump is common to every coin/token, it might be from the devs or from other market factors. I know it oftens feel like token dumps before bounty distribution but we've actually seen some that kept a good price till bounty tokens were distributed and that's why we cant generalize. As a hunter, expecting either dump or profitable price should be at the back of your mind

I understand why you feel this way, like the developers wants to gain the attention of investors during the promotion then sell off,funny though. Normally, the intention of bounty campaign is to create awareness not for dumping purpose but no matter how good a project is, a time will come when it will dump and as long as it's a good project is will gain value again,so it's good to invest your time in doing good projects, they might not have much value presently but with time it's value will increase.

Yes, looking at a few bounties I also feel the same. Even the project not fails, after a certain period of five o six months, we realize that the price is too low and thus we haven't got anything. Also, bounty payments are getting delayed so we can not ride on selling on higher priced boats.

I think this is only explaining that bounty hunters are not the main reason for dump in token price. Shamefully most of the project cant defend the dump in price. In most case excessive bonuses and team mopping of bitcoin from sale order dumps the price, especially for token without use case. I believe a good project can recover from any dump especially with use case and no scam, I wish token held by team should be reduced in coming projects.

There are many reasons why this may be happening, it is possible that smart investors are aware of when a bounty campaign is going to end and they decide to sell their coins before bounty hunters have the chance to do so because as we know most  bounty hunters are not really interested in holding their coins long term and will dump their coins as soon as they get them, so it is possible investors in such coins are doing this in order to protect themselves from the dump they know it is coming anyway.

I could be wrong for my decision but I started to hate listed exchange campaign. I have so many points both point are very strong. Listed campaign allocation is always lower than any others campaign. Already listed and don't need to care about the bounty hunters. These coins price is always dump before the distribution of bounty. Even development process is also slow.

It can't be all of them, some have better value than the other, if the token is good enough and it loses value after bounty ends then keep it for some time it's possible there will be recovery later, you should make sure you promote projects with good use case

I believe that listed bointy projects has to do about djmping right away it's price value adter the project duration. This is inevitable and commonly happens to many bounty projects that are already listed, itnis because of many sell right away their tokens so the volume and price varies and result to decreasing of it's price.

Like 5% of these coins/tokens? Though it's a free money from bounty but when you see a good value from it, why hesitate to sell it? Promoting good projects ain't guaranteed as well, since failure is always lurking around the corner.
I have seen so many ICO's before specially in 2017 and 2018, almost all of them were just being pumped and dumped immediately, while at the same time exit scam are so rampant.

Well there are indeed some that's like that. They tend to allocate less because they think that their coin is already have the fame and probably just need a little bit more promotion. But hunters should be alright with that because we can just move to other campaign and seeking the one with promising future even though it could waste our time which is very unfortunate.

I think almost everyone is aware of this. Some developers always dump before their coins are dumped by investors or bounty hunters. they might do this so that they keep a lot of cash. however, some projects look like they don't take care of the project when the coins are listed, even dumping gradually. however, I hope that there is a way to overcome this problem.

You're right. This is one of the main reasons why a lot of people stop joining bounty campaigns. Bounty hunters deserve the right to choose either to keep or sell the tokens. If a developer dumps their coin right after paying the reward, it proves that they don't actually have a specific and active plan for the projects. It's most likely end up in scam!

I think you are half right and half wrong, some listed projects that run bounties loses value but some projects that are trading and decide to run bounty Campaign can add more value after bounty ends, it's not something to debates on because it's vice versa, depending on how good the listed project is actually

As long as bounty hunters will keep trying to work for coins that promise exchanges very soon this will be the problem, bounty hunters need to understand that the coin must have some value in long term and not just earn bounty, wait for exchanges, sell and repeat the process. Being a promoter for a coin you can earn really good if you only have the ability to read a whitepaper and understand the future of the coin and just let people dump and save your coins for the later stages.

Also don't work for bounty campaigns that are paying way too much because any coin being given away in mass quantities for free is actually going to suffocate because there are too many people waiting to dump their coins.

It's not only hunters and team that dump the coins/tokens, but also third party contractors.
I know for a fact that Amazix would sell their services in exchange for tokens, and then they'd be paid absurd amount of tokens which they would slowly dump over several months

Yes and if you sell as soon as the coin hit exchanges then you are the one who would regret if it ever goes to any better price so this is a cycle of dilemma that can't be helped and bounty people can do nothing around this cycle they have to just work and try to hope the coin gives them the best value when it hit exchanges because that is the time when most of them will sell off.


And holding a coin that us being sold in the exchange like dust is hard because from my experience most of the alt coins have a limited life cycle where they will be significant for a very small time period and then once the value starts to drop it just never gets back up at all because there is no plans and no one is working for the project once they get their ICO satisfied.

 Friend i think what they do is to use hunters to shill their project and while they hype , investors come in and  team use that opportunity to dump the project , that is why you see that before the end of the bounty they are done dumping their share and the price becomes shitty . For some , they will delay the distribution of bounty rewards until they are done dumping their bags.

This is very possible, and is been done in the crypto space today which is why it is recommended for bounty hunters to research trading volume and exchange trust levels when it comes to investing your time in trading Bounties. Iq cash for example is now at a mediocre price after trading conveniently well during Bounty Program

You nailed it!  I have seen lots of bounties that paid their bounty hunters right after the dump is done, not on the peak of the pump.  That is the reality, and these developers need someone to blame for the crash of the token's price and see bounty hunters fit for it which in fact it is the incompetence of the developer's decisions on the early stage of the project that made their token price plummet.

If a significant number of tokens held their value for the long term I am sure we will not see bounty hunters getting rid of their coins as soon as they got them, but since we know that a coin may have value one day and the next one the coin is crashing and you are wondering if it will survive the crash it is no wonder bounty hunters try to exchange their coins for another one that can hold its value a lot better, but the problem is that by doing this bounty hunters are basically guaranteeing that coins will keep crashing as soon as they get paid by their efforts.

it happened many times and somehow it looks like its cordinated but there is something i notice whenever it happens after a while the price will rise again but only for the patient ones. there is nothing anyone can do about that.

Not all of them, I see you wearing ARCS signature, that's a better project because it has good utility, even if price fall it will recover faster, it depends on the quality of the project you choose, it's not because they are listed and trading

Maybe some bounties like that, but not all of bounties. If the team have such plan, then it is certain that they don't care about the value of their token. Few bounties pay the participants with btc or eth coin, this is to protect the value of their token.
My advice, we should be very picky when we want to join any bounty campaigns.

Yeah I agree, being listed in any exchanges is big factor in a certain projects and it would add to hype if the team would create to hype it  up and create promotional activities to attract to invest in the project. It would only go down to the executions of the team and how they would prosper and develop the projects into something that the community would benefit from.

During the all-time of participating in bounty campaigns, I have seen only 2-3 campaigns out of hundreds that paid in Bitcoin or Ethereum. If I will create a project, then I would also pay only in my own coin.

There is no gain for projects to dump while they want bounty hunters to create awareness for the token, it doesn't make any sense, if a listed token or coin dumps it's because they aren't good enough, you need to choose carefully, oikos coin was trading when the first bounty was launched and the price don't dump but surge more

That is an even greater risk if you ask me, holding the coins you get from a bounty campaign could lead to great results if you happen to watch the market for that coin every single day for years but who has that kind of patience? And even if you had it there is no guarantee the coin is going to pump at all, so it makes more sense to get rid of the coins you get immediately and then just trade the coin if you are confident on its future.

I agree with you on some points. In most of the cases, the project owner uses Bounty Hunters to rescue them. So after a few days, that particular project is going to collapse & all the blame falls on the Bounty Hunters. However, not all projects can be put in the same row.

very funny if the project blames the bounty hunter, what do their teams think?
whereas bounty hunters are workers to save the project from investor disinterest

There are some instances that they do that intentionally because they must have already calculated that promoting their project would be already profitable BUT i don't think that all of the bounties are made in that way. We can still see some platforms that is being continuously developed because it is really useful in some parts of the world. Maybe most bounties like that are only composed of a few Creators and Managers since it would be easier to scam people if you are in a small group since all of them would be working together closely.

Those developers blaming bounty hunters are just trying to distract investors from the real issue which is themselves, a good project may go down in price temporarily but it will eventually recover once bounty hunters exhaust their holdings but a bad project will probably never recover and those developers are trying to shift away the blame from themselves when the only ones responsible for the crash of their coin is themselves and they know it.

actually not only you, maybe for most prize hunters also think the same thing with you. but we also cannot blame them completely because this is a form of an ico project and was planned early on by the team and the project developer itself. as prize hunters we can only follow the rules of the project itself.

Not just you many people faced that kinda story. Even me already faced that kinda situation in this year over ten times. That's sad that such project like XXA launch their platform last year under XLM and their token value was almost $8. But after a year before bounty payments it down around $0.40. This token value at this moment around $0.15. I mean what a joke.!! And it's true that people seeing this kinda unfaithful behavior from long time.

same as I have experienced, several times the projects that I joined after the distribution, their prices were destroyed even just a few dollars, sometimes I often immediately sell the coins that I got from the bounty, because if they hold too long their prices will fall in, that's which happened several times

Bounty hunters here are promoting the project that they're participating the dump of coins is expected.

if bounty campaign token already traded in exchanges, it didnt used to create hype but developers team want their project known by more cypto community in around the world. take a look at oikos, this project traded in several market but the team still extend bounty campaign in order to get more attention from investors.

You're right. A bounty campaign simply is an advertising method. Developers want to advertise their projects to people then they will run a bounty campaign. Although not a lot of projects still do bounty campaign after they're listed, there is some. Participating in bounty campaigns of a listed project has lower risk than participating in the one that isn't listed yet, I think!

I also sometimes realize that some projects do this. however, this is a bad strategy for them. because not only did they lose confidence in the participants, they would also lose confidence in investors because of falling prices. Well, I have seen a number of projects that dump their own tokens.

For many years, I can't understand why the project team chooses to do that way. It seems like there are no particular benefits for either them or their investors. I have to agree that this is a bad strategy to follow. I think they should rather focus on developing their own project. Just by doing that, investors will see the potential and automatically buy their tokens then the hype will appear.

It depends on the project. The top ones with listing on popular Exchanges are never dumping the price before Bounty tokens distribution. If the project is quite small and listed on small Exchange, they might make some kind of dumps.

Investors get high discount when they buy tokens in token sales period so they try to sell out those extra tokens for profits even if they are placing trade lower than the cost which causes the dump.And project team always blame the hunters for dump so they hold for few months after getting listed meanwhile investors are dumping it.

Mostly happened when the project being sponsored by known reputable exchange the value after listing is more profitable than those from small exchange.

Big chance that it will be dumped the moment it reached the exchange, developers and early investors will jumped to sell out their tokens.

In my opinion the bounty is the way we buy coins for free, the aim is to sell on the market when there is trading activity. So dumps often occur when coins have been distributed.

We will never know who will dump the token when the campaign over, not only the team but it could be the people who participate on their ICO/IEO too. My advice, if you already received the payment and see the price of the token is very low, don't sell it yet. If the project is great, it will become a great project in the future and the price of the token will bounce back although the current price is still low, i have seen several projects like that.

so far I have experience when tokens have been distributed and the price is still low it will actually make the price low again because the bounty hunters sell it at cheap prices, and it is difficult to increase prices.

I thought so too when I have left some coins in my wallet. I believed in projects, they seemed very promising. But, unfortunately, many turned out to be trash and I regretted that I didn't sell them at the time when they just have paid to me and the price was high.

It is not free, you need to work every day to be able to receive them. Also you need to wait months to get tokens from them, and bounty cannot crash good projects, only bullshit and no liquidity projects blame bounty hunter

That's the marketing strategy made by the project, many years before this was restless because most of the bounty projects did not list on the exchanger. This year, most bounties whose tokens have already been listed on exchangers have been viewed negatively because of their marketing strategy and ended with dumping. Try as much as possible to move rationally no matter what marketing is done by the developer.

It's actually possible that the project developers are intensionally dumping the value of the tokens after bounty hunters must have laboured to promote the project. But in most cases, dumping is a norm in the cryptocurrency space and its expected that the value of a coin is not stable. This is one feature that is constant for every cryptocurrency

This is true to some extents, it started out with hex bounty this year; and then iqcash has done the same; the latest now is arcs.
Analysing each situation; hex paid hunters and it traded well giving everyone including the team and investors an opportunity to take profit. IQcash really soared during the bounty program, with team and investors taking profits of it; and still refused to pay hunters by extending distribution day as opposed initially mentioned.
Arcs seem to be the one that divide opinion, the trading daily volume during bounty, and the trading volume now that bounty is over is kinda far apart.

Nonetheless, it is up to all hunters to understand the risk that comes with bounty hunting; so dyor; and promote a project you are confident about.

Bounty hunters should wait for the right time to sell their bounties, but some prefer to sell it for a quick buck. Some project delayed their distribution to their bounties due to dumping and of course their priority are the investors their least concern are the bounty hunters. It suck but most of them treat bounty hunters like that. 

Most of the project dumped after releasing in an exchange site. There are also time that dump strike after releasing the reward to be able the exchange to sell their tokens in very small amount. I think it’s not the effect of bounty program. Project need to survive in this state. Most of project failed because of lack of supporters, dump price, investors and of course money to improve their system. They need to recover when they hits them.

You should be able to see how many bounty campaign participants and it seems that the advice you give will not be applied by all bounty campaign participants because I see they will continue to sell it at cheap prices because they also need money to survive.

If this happens to you it means you choose the wrong project, some project will worth cent and after bounty ends it add more value, what ever happened on your bounty journey it will never be the same, some times you will get good rewards and sometimes it will be bad

If that was coming from the crap project and you will earn nothing from your effort. When the project can't attract a lot of traders and there will be no volume for such token and it will result in a big loss for all of investors either bounty hunters too.

It was not like that before, I felt that the bounty then and now is different. used to be fair, where the bounty hunter also gets a reward. whereas at the moment, prize hunters tend to get low marks or even blank. there are several factors in my opinion. the first is that since the market is down, the dev doesn't want to risk anymore when the token still has value, then everything will be sold before the bounty hunter gets the reward. so, before the distribution takes place, usually the token is listed and when the distribution is already in progress, the value suddenly drops dramatically and is not as expected at the beginning. lately it often happens and for the events that lately happened, I agree with you.

dumps are inevitable, because they are more concerned with investors or everyone thinks about themselves, when tokens are distributed investors will immediately sell if they see it can take profits quickly, so the hunters who get the rest can not do much, except if the project can survive for quite a long time.

That's true bounty hunter can only accept market dumps, by choosing between selling cheap or hold and hoping the price will pump. But a good project the price will improve soon after the dump, I believe it.

It is the fault of the bounty hunter if he participated in a project where it has shit products and services. I'm a bounty hunter before but I stopped participating in it where a lot of scam and poor projects exist one after another. Bounty hunter should also have a unique skills when choosing a bounty. It is not the fault of the bounty manager if the project doesn't become successful, it is the fault of the bounty hunter because he did not choose good bounty that is promising in the market.

That's why most crypto projects from the very beginning plan to just make money by deceiving users in any way, and not to create a working product.

Bounty hunters are not dumb they know that if they wait for too long to sell their coins they risk wasting their time if the coins goes to zero as we know it happens all the time, so they sell their coins immediately in order to protect their efforts, however blaming bounty hunters for the drop in the price is the easy way out for the developers as they can always point out their fingers and claim that their project failed because of them when we know that projects fail simply because they are no good.

Yes, and this is a method that has long been done by scammers who make projects, maybe one or two times they can succeed in deceiving many people, but for the next they will also be difficult to get new victims even though they always use methods a new way to fool many people.

The dump before the bounty distribution usually because the trader wants to catch the coin in much lower price hence they selling their bag, making the dump. This is why I advise bounty hutters to restrain from selling right away after the bounty distribution and wait till it over for better profit from your bounty work.

Unfortunately you are right, but there are projects who are fair and giving the hunters what they deserve for promoting the project. But most of the time what we get is worthless coins that dont have value or cant be traded due to very low price. Thats why we cant blame the bounty hunters who are eager to sell right after they receive their tokens because they wanted to get profit while the tokens has value.

The reason why many listed tokens hold bounties is actually to make people invest or buy the project tokens, I think because promotion in this way is cheaper. It's just that the risk of participating in a listed bounty is if the project tokens that we promote go dump usually this will make us lose because usually the payment is made not on time and must wait a few weeks after the campaign is over.

This is the risk of bounty hunter, besides the price being dumped after distribution there are many scam projects. so always do an analysis before following the bounty.

Majority of bounty hunter shares the same thought, this happens because many bounty hunters joined pump and dump coin and of course the developers will be the first to dump and bounty hunters left with crumbs on the table, this is the scenario that has been repeated so many times.

If a project doesn't have good progress in development. Dump usually happened after any huge amount of coin released into the market. This can be a dump after bounty reward distributed so you should not blame all on it on the team like they want to do it intentionally.

of course, because to be able to make cryptocurrency always has a price is dependent on the developments made by the developer, when the inventor does not provide further development, it is certain that many investors will move to projects that can generate profit and indeed have high demand.

I noticed that too.  When a company starts, the price is one.  As a result, when the company ends, the price is significantly lower.  Hunters can only wait or sell at a lower price.  I think this was done on purpose, and it makes sense to wait, if the project turns out to be useful, then in the future you can make a good profit.

There is nothing we can do about it. The coin/token is in their hand and we're always behind the curve of prices. The only way to prevent is don't join in shady bounty project and clearly just want to pump and dump their coin before anyone get a hand on it.

I think the main reason a project dump is not because of the bounty campaign but because the project itself lacks good usage or working prototype that will create demand for it.

True, this should be anticipated to promote the project scam, after the release in the market dump ensued and then left by the owner. Choose a bounty that has the potential to succeed.

LOL, as a bounty hunter, I found this is ridiculous. Yes, we all want to join potential projects that has the ability to be succeed. Yes, we all want to use our work to promote for quality projects that can bring profits to us and others. However, how can we avoid getting trapped by scammers? Of course, we'll do our best to choose a bounty campaign to join. Though, when we join a scam one, we're the one who also be scammed, how can you say that "bounty hunters joined scam projects are helping them trick others"? That's just unfair lol!

No your not alone but it will be observed only on low quality projects that has been swarming the bounty section. To avoid such project like that, learn to do a good review and research. If you do this, then youll avoid those not worthy project for promotions. Ive been a bounty participants for long time and I already sense if the project is just a hype one or a shitcoin. You can spot them head on as you can see their concept and even social interaction with the community.

That's true! It's hard to explain for new bounty hunters, but the more campaigns you join and the longer you stay in the field, the more experience and sense that you can "vibe" the project. You can feel something in the project whether it's legit or scam. The only sure thing you can do is to do careful research about those project you're about to join. By doing that, you'll avoid those trash and unworthy projects!

At times I think this is done intentionally as owner takes away the profits of his coins and left it to get it dump because quite possible that they do not have interion for this coin as in the long term. Just come here for a short-term profit. This may just work once but later people will never invest in such person’s project and in long term will have no value for any such future projects.

If this is what's been happening to you in bounties presently then you choose the wrong projects, I promoted oikos bounty project months ago and it was trading on exchange before bounty ends, I was able to sell at 3x the ICO price, im sure you choose bad projects with bad use case

In the first place, dumping its price in the market was very inevitable and unpredictable. That's why they called volatile, where the price could get up or down at anytime depending on the buyers or sellers. Especially, if the demand is getting higher rapidly while the supply is limited the price has a chance to increase for sure but if the supply are too high while the demand is too low, it means the price will go dump for sure.

Price dumping is no longer new, is something we all can't control and talking about bounty, projects doing bounty are doing it mainly to create more awareness about their project throughout the world with the hope of gaining more support of all cryptocurrency enthusiasts, so I don't think bounty has anything to do with price dumping.

listed bounties or the bounties that we see on this forum ? or you mean bounties that have a listed coins ? a bounty is a way to create awareness but they wont know if they can get a hype or not  . depends also on the promoters and shillers if they are promoting the project in a convincing way well it does create a hype  . they have the ability to dump or pump the token because they own most of it  but serious bounties dont do that  . theyl only leave that to the hunters or to the investors  .

Maybe you make this thread based on your experience but not all bounty hunter experience the same thing, I see many of them successfully taking profits from a project that they promoted, for ex : Gold Token, Oikos, Leduna protocol and many more, so the answers not from bounty project, but from you, who choose the wrong project. Next time choose the good one, maybe this thread will help you https://bitcointalk.org/index.php?topic=5232710.0

Those who have a lot of tokens (one of them bounty hunters) have little effect on dump prices when they sell all tokens. But the most influential are investors with large financial capital.

It is very difficult to find such good projects at the moment, and as far as I remember OKS is not listed in exchanges when they do bounty. So you cannot compare like that, I saw many campaigns like Ezy, Blockburn ... the price dropped many times when the bounty ended and it made the budget go down a lot.

This is a risky proposition as bounty hunters have no way to know if the dump is caused by traders manipulating the price to their advantage or it is because there is something wrong with the coin and everyone is selling to recover some of their capital, as things stand now and with the huge number of scams in the market bounty hunters will be making a mistake if they employed the strategy that you mention but it seems there is no risk as most bounty hunters are not listening anyway and are selling their coins as soon as possible.

If you believe in a project in which you participated, having previously studied it well and assessed the prospects for its development, then you will never succumb to the general hype, and you will not sell your coins at any price. The skill of thoughtful waiting will not fail.

not just you, I think all forum users here might have the same thought about gift bounties or dump tokens before the project is complete. in fact, most new projects do this and after the project is finished the prize hunters only get tokens that are not valuable. and this is a form of ICO project scenario that might have been previously designed by the project developer itself.

This is indeed a great topic to behold. I hope to see a better day on the streets of bounty hunters and other projects that tend to work together to achieve publicity. But if the above stated remains the case behind project team and their attitude towards hunters then it is indeed a pity.

Yes your observation is correct as i have seen many projects that dump very very badly even before bounty reward tokens are distributed and i have always silently suspected team too but as i have no evidence so kept silent but it surely is a mal-practice either from the whole project or some team members who want to take advantage of the situation. Personally such projects do not do well because when the teams intentions are bad from the start what would you expect from such greedy people?

One of the criteria that attracts me to a bounty campaign is if the tokens are already listed and have a good value. I have this belief that if I participate in listed bounties, I can always wait for the value to increase, if bounty hunters impact caused the value to drop. It may take a few weeks or days, but the value would certainly find its way up, especially if the project is a good one.

This mean that you are worse at choosing projects that have good potential, utility and use case is very important when choosing a bounty project to promote, I choose OIKOS DeFi project because it's DeFi and presently DeFi is trending big and also the first bounty was successful and all participants got their tokens, OIKOS price is still very good on Exchanges

Yes and when it happened at the same time after bounty or airdrop was over, some bounty hunters take it as an intentional attack like OP. We need to understand the market, especially for a new coin after bounty or airdrop phrase is very vulnerable to dump. Cause it still young and lacks investors to drive up the price.

If the token is available for public trading then the payment for bounty rewards should be issued weekly or monthly because that is how a legit bounty campaigns for this kind of promotion works and most of the time tokens already listed on exchanges won't take such risks since it could ruin their reputation in bitcointalk.

As a bounty hunter it's normal to get your time and energy wasted when promoting new projects, either listed or not but it's also very important to learn from your mistakes, don't gamble with bounties, instead spend lots of time on projects and choose the ones that have higher chance of good demands, high demands equals to high values

The experience factor will make bounty hunters choose projects carefully. Always doing mini research is important so as not to repeat the same mistakes.
Dump prices in the market are a frequent occurrence. Good project the price will return to normal.

I don't think the listed projects are doing it intentionally. Coins always go up or down especially when there is news or large part of tokens are released. You can't expect teams to stop marketing for that.

Your first statement is a pretty big if, we need to be honest most people that join those bounty campaigns do not really care about the project at all and they only want to sell their coins as fast as possible and in many cases this is not possible because the coin is not listed in an exchange and I cannot help but to think that this is done on purpose because the developers of those coins do not want the bounty hunters to crash the price of the coin.

I am sure this happens sometimes, but unfortunately now most projects list their tokens on scam cryptocurrency exchanges and therefore the price of tokens on these exchanges very quickly tends to zero and it is better to try not to get involved with such projects at all.

no one can control the price in the market, so dump or pump is not something new because it all depends on the team's performance in making the project in demand by many people so that it has high demand

Or manipulators are connected that make any price and drain everything to ordinary people at the top))

Sorry for your loss if you promote a trading bounty project and still get worse results from them, it happens, get used to it and mind you not all listed bounties cheat bounty hunters, for example this present project that I'm promoting (Oikos) has very good use case and trustable team members and it's already trading on exchanges

It's true not all bounties are scam but we must always be careful. Because there are many projects that take investors' money and do not develop their projects. So the projects die. Not all projects in the market are good prices.

Scammers are inventing new ways to scam people, they evolve as the market evolves. We learn about their tricks, so they need to come up with something new. I participate in bounties and I try to research a project in the best way I can, and I am aware that I can miss something and to get scammed again, it happens to me and I think it will happen again.

There are still bounties that aren't scam at all. The only problem is legitimate projects just turn out to be unsuccessful because investors and bounty hunters nowadays have lost their interest due to increase numbers of scam projects, that is why new coins don't have any good value in the market.

I think that dumps are constant and inevitable. And this happened because of investors and bounty hunters.
These people also considers the volatility of cryptocurrency and so they dumps coins to gain some profits.
Although, it is also a tactic used to get attention and spread awareness regarding the existence of project.

That not many new projects survive because dump prices in the market make investor interest less new coins and more invested in top coins

It's normal for projects to lose their value once it is listed on an exchange. Investors are getting their projects. Unfortunately, bounty hunters are blamed for projects. They must consider that without the bounty their projects will not have increased audience or investors. This helps the project get exposure especially in the forum where there are over hundreds or even thousands of users.

Unfortunately this is the price you have to pay if you want to be a bounty hunter, this is precisely the reason why bounty hunters join as many campaigns as possible because they are playing a numbers game, they know that out of each ten projects that they promote nine are not going to give them significant profits but the remaining project has the possibility of going up significantly and that is where they get most of their profits, as such if you are a bounty hunter you need to select the project that you join very carefully if not you're just wasting your time.

If we follow this comment that means the OP is right then. Bounties cause awareness and that cause more people to know about a product that though listed on exchanges but was never popular. When more people know about it and get interested it will increase demand for it. The price will go up and then the team will sell ahead of bounty distribution and get out, causing price to crash.


You are right here and I do not know why projects still offer such crazy discounts to early investors. It is like deliberately decreasing the value of their tokens.

Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.

This reminds me of the Electroneum bounty, when the bounty is distributed it has no effect at all on the price, instead the price of ETN actually rises
maybe some projects do dump but it depends on the developer of the project

Well, just like what he said, it is still depends on the project if it is good enough or not. If you participated in a good bounty project, then it will have no effect as the project will make sure that the price of the coin will not drop, instead, they will do their best to increase its value. If you participated in a bad project, the team itself will be the one to drop its price for their own benefit.

Most of the project wants to make money from the sale of their tokens for this purpose they introduce bounties so that people will promote them promotion through people is a no-cost in advance, and this is successful promotion tools to support the project after getting their target they dump the tokens and the pay fees to exchanges for listing their tokens so before joining you should check the project and exchanges if listed in good exchanges then should join.

The bounty hunters can wait for the price to go up and then sell their tokens, if not then they have to bear that loss and move on to another project. I tend to have the bounties saved up as I don't ever need the bounty money urgently in my life and it is just a hobby that I am following because I am interested in the cryptocurrency area. A lot of people are using the bounties for their day to day living and are dependant on it for earning money, for them, it really hurt a lot to see the price falling after joining a bounty.

That's true, so don't make bounty to be main income. The dump price triggers the bounty hunter to be angry and disappointed, even though that is the risk they will face when joining the bounty.

We can never tell. It goes both ways. It might be well planned tastics by the team to employ the bounty way, and it might just be the inevitable. Either way, dump is constant in crypto. How the team and the community respond to the situation is what matters provided the quality of the project.

This is your own fault not the project, it's like saying that all listed bounty projects will be good after few months where as they mostly dump in value, not all listed projects are good to promote, some even carry fake volumes, dyor very well next time

That's just the idea and after they dump and distribute to bounty hunters they will definitely blame bounty hunters for dumping their coin forgetting it dumped before bounty distribution. And some do dump and buy back from bounty hunters. Once hunters dumped, they will increase the project volume or it dies forever.

I think those who feel like cryptocurrency is a better option is because they are convenient with making use of it. I do tell people it is a matter of choice, if you look at something and after using it you feel it’s the best option, then you can go with it.

That’s what I have got to say about this, people are using cryptocurrency for all these because they are convenient with it. If you feel that PayPal or other payment methods are better for you, you should go with it.

Every payment methods there is all have ways that they can be better than each other.

i exactly have  the same thought with you. that's why a lot of bounties reward will certainly distributed a few weeks after listing on the market. they let the investors to sell it first. also, i think the team sold some of their coins using another wallet to dump the price.

Of course it depends completely on the project itself, in fact a sign that the project could be a good one is to keep in mind when the distribution of tokens is going to take place to bounty hunters and see if the price collapses when bounty hunters begin to sell their coins, in most cases the price will go down significantly signaling a bad project but if the price does not go down this means there are many people buying the coins, that the market has enough volume to absorb all of those coins and that there is a lot of interest still remaining in the coin itself which most likely signals a good project.

There are thousand of strategy Scammers can do and this is not far from what they are doing.

I have observed some projects in the past tat is doing such like this and yeah they are successful in scamming people.

but in the end?it is the Hunters that they wanted to be blamed off.

most of bounty hunters notice the pump and dump of the value, but what is the main purpose of bounty?  the purpose is to spread awareness about  the project, this is the cheapest way of advertising in crypto and as you can see some coins that they will give you as a reward is worthless or it has very low price. maybe you should consider to participate to the  projects which is worth your effort and time.

Theres investor or bounty hunters will always dumping on any projects, depending on how strong the project will go, i think the team inside project was predict about that problem before, indeed it will shake the market price, but if their project is good, im sure it will rise again and will leave regret for dumpers behind.

Yes but few good projects can reverse prices after a dump. Many are playing on prices so that the project only lasts for a moment.