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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: palle11 on August 06, 2020, 07:02:19 PM



Title: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: palle11 on August 06, 2020, 07:02:19 PM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: enhu on August 06, 2020, 07:24:44 PM

Its because it becomes normal already that when a token is listed to an exchange, its often dumped by investors down to its knees so before that will happen, its best to just do it first and then decide whether to buyback or not. There had been instances where I have hold the tokens I got from campaigns, it takes a lot of waiting to profit but dumping and buying them back when the price is much affordable is profitable.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Coyster on August 06, 2020, 07:44:58 PM
Pump and dump scheme can also make a bounty hunter to sell off tokens, these hunters have received countless tokens and seen almost all of them dump after pumping for a short while, if they hold the new tokens they receive, they could be left with a worthless coin in next to no time; if I myself was to receive an altcoin token right now, I'll also sell it off immediately, they can't be a form of long term investment due to how they pump and dump, and never rise again.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: kingzpro on August 06, 2020, 08:05:49 PM
That happens simply because of two reasons:
1) Hunters need quick cash so its their right to do so for living because they have earned this reward.
2) They do not believe in longterm sustainability or success of the project.
Other than that there is no logical reason of dumping but i do know that a vast majority of hunters support the project and they do hodl the tokens for several months atleast.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: ife2020 on August 06, 2020, 08:09:03 PM
Bounty hunters are entitled to do whatever they chose to do with their earned rewards, it wasn't dashed out for free, it was a compensation for a job well done. Just as investors has no reason to dump or hodl and are not scrutinized, same should follow for bounty hunters


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: bttmember on August 06, 2020, 08:10:50 PM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.
Some hunters just try to be oversmart and they sell immediately in hope of more dump so that they can accumulate more coins but this is not always the case. One big reason for dumping may be that they work for several months or 8 to 12 weeks in a normal campaign after that they are made to wait for further 1 or 2 months normally for calculations and revisions etc before distribution, so after working and waiting for 6 months and in some cases it is even longer what do you expect they will keep holding? I think hunters that are doing this to pay bills etc have no option but to sell after waiting so long. Yes people who do it for extra money amd have fulltime jobs or business majority of them do hold the reward tokens.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: rajsimran on August 06, 2020, 08:57:12 PM
Some bounty hunters don't care about the token r their future price, even they don't think is this project good or bad. If they received a few bucks from any campaign they want to sell. I saw many hunters post that they sold their coin and after that, the coin pumped so high. And they regret that why they sold. so my point always try to hold some percentage because if that coin pumped you can still make some money. Also, don't try to hurry for selling & dumped that coin price.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: koang on August 06, 2020, 09:08:50 PM

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.


The seven factors you mentioned above cannot only be addressed to bounty hunters, these seven factors
also apply to investors who get big discounts when buying at private sales or ico.
Reason to dump or hodl applies equally to both


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: funex on August 06, 2020, 09:35:30 PM
 Although a few hunters still hold , it is true that alot of hunters sell token immediately they receive because of past experience where developers have dump projects n hunters while they are still holding. Personally , i still hold some tokens i refused to sell with the hope that prices will increase rather what  saw was that developers dumped the project uptill today nothing has been said about it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: marilynmanson21 on August 06, 2020, 09:41:25 PM
Bounty hunters are totally deserve to do what they want to do with their own earned reward, since they didn't do a free service, it has a payment and they allowed  to do everything  they want with it. Most of them are directly convert and exchange their earned reward with bitcoin and fiat, or even altcoin that already have huge supply and demand.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: harizen on August 06, 2020, 10:23:22 PM

The majority of those listed above is not actually the case why bounty participants choose to either hodl or sell their received tokens/coins as soon as they got it.

We all know that the bounty program runs for a month or so and receiving rewards also takes time* (providing there's a Phase II, sometimes the whole bounty run for over 3 months). Because of that participants are eager to get their reward as soon as possible to somehow feel the effort and works they did throughout the bounty period. Once the coin listed on any exchanges and established a volume, expect that these people will eventually sell their reward. There is also a mindset that there's no way these tokens will worth more than their ICO price so hodling is not even a good option.

Even back in the golden days of doing bounty, only a few care about the technology behind the project. The hype and ICO rating behind the project is always the number 1 factor for them to consider joining.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Russlenat on August 06, 2020, 10:51:22 PM
There's only one simple reason, since you call it hunters, you addressed to the majority, and IMO, majority of hunters are not traders and investors themselves, they treat bounty hunting as their job, so it's just right to expect that they want to get paid once the job is over, and that is by dumping the reward no matter the price is. It might hurt the project, but we can't blame the hunters, whose to blame? The team of course.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: poodle63 on August 06, 2020, 10:59:25 PM
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.
Is not it better for you to do research before trying to accusing the hunters with a non-sense reason like that? Some may need money but some were also holding their tokens. have you seen JRT bounty? it's better for you to do research before to get a reliable answer to this question.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: restuibu on August 06, 2020, 11:04:59 PM
yes 95% of bounty hunters will sell tokens that they get immediately in my opinion there is a reason why they do that, like
they do not have enough money for the necessities of life
they don't want to miss the moment when the price is still high. because it is proven if 2-3 days when the token listing will experience a dump. like many people say "panic sell"


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: maxreish on August 07, 2020, 12:00:44 AM
Most of the bounty hunters prefer to hold bitcoin rather than holding their bounty rewards. That's the common reason why they sell it right away after receiving it.
Also, since the new projects are just building it's name in crypto market, bounty hunters are not trusting wholeheartedly and doubt if it will gonn survive for long and that's another reason for dumping the token rewards.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: NavI_027 on August 07, 2020, 01:14:34 AM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed.
Of course, they can. But the question is, will they ;D? In most cases, I don't think so because look at their prices months after being enlisted, they fall hard drastically and already having a hard time to recover. This was a clear implication that most of its investors are no longer interested with that particular token because if they really do then the chart won't look like that, isn't it? Most of the investors of new alts follow a pattern (based on what I see): they wait and invest to a new token, hoping others get influenced to increase the hype, dump then repeat.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: fuer44 on August 07, 2020, 03:35:09 AM
maybe your theory is true, but most bounty hunters, including me, immediately sell tokens because they think it is a reward or salary after doing a good job for a long time. So, no need to wait any longer, when the token has been received and has been registered on the exchange market, it will definitely be sold immediately.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: rhomelmabini on August 07, 2020, 03:45:45 AM
Hunters are just reaping the rewards they got from the bounty, that's all. Your statement is kinda vague because you said the reason hunters are selling their tokens got from bounty yet most of the factors listed their are positivity that they migh hold the tokens. You can explain it more briefly on the factors whether first factor a reason to hold or a reason to sell so that it's more understandable.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Genemind on August 07, 2020, 03:50:03 AM
I think there is no need to complicate things. Bounty hunters simply dump bounties once it reaches a decent price and once it is listed in an exchange to claim the reward of their hard work, or simply because they don't trust the project or the team that the project will continue to survive in the long-run.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Crypto_lion on August 07, 2020, 05:34:15 AM
I think the majority of the bounty hungers dump they times because of their mentality and they don't do proper research on the project. They dump it because it's free for them and they are happy with what they get.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: lienfaye on August 07, 2020, 05:42:46 AM
This might be true but some bounty hunters are relying to their income on bounty and treating it as their job. So if you work then you'll get paid, and selling their rewards means their hardwork paid off after months of promoting. There's nothing much explanation unless if this particular bounty hunter believes there's a good thing for holding his rewards and chose to wait for his set time frame.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Gozie51 on August 07, 2020, 05:44:25 AM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.


I think these five are consideration for me to wank keeping a token reward for a try. If I get convinced in any of the above point, sometimes I decide to hodl to give a chance if it will be my luck as I have heard and read in the past about bounty old days expecting to be lucky in my own time .



Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Bitbtc8 on August 07, 2020, 05:46:14 AM
I've hold unto few tokens I earned from bounties years back and I got burnt while holding them, till date I regret not selling when I had the chance, since that time I knew I was the one who choose a wrong or bad project


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Bitbtc8 on August 07, 2020, 05:48:17 AM
I think the majority of the bounty hungers dump they times because of their mentality and they don't do proper research on the project. They dump it because it's free for them and they are happy with what they get.
I don't consider bounty hunting a free way to earn tokens, it's very stressful most times and it's time consuming too, what I do right now with tokens earn from bounties is keep 10% of the tokens and sell 90% on exchanges


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: cheezcarls on August 07, 2020, 05:50:51 AM
If these projects don't really want bounty hunters to dump, they should have paid them in BTC, ETH, etc., rather than in their own tokens. We can't blame bounty hunters to sell their tokens, because they've worked hard for it. They've spent their time, effort and skills to promote that project, and they deserved to get compensated fair and square.

The project team are the ones responsible for that. There is a project where they had too much giveaway to their community, in which results for their token dump in the exchange after the bounty program. They must do something to balance such as limiting the number of quality participants, reducing the reward pool and distribute it on a staggered basis for a few months to control the price.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Squezzi55 on August 07, 2020, 05:54:13 AM
It depends on the quality of the bounty project, if it's promising enough for example like Cartesi then it's worth holding, many bounty hunters have the mind of holding tokens but after they did this the tokens became worthless that's why most prefer to dump while they can.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Kotone on August 07, 2020, 05:56:15 AM
Sometime selling could also gained another opportunity. Let say the hunter sell his token for a good price. Later on the price dump. He has a chance to buy again his earned token from bounty excluded the profits he already earned. Now chance that the project could regain their price or great exceeded. Then you can gain profits again. That simply how a wise hunter do his thing. But not the same in all cases. Why? Cause there are some shitcoin that will be buried forever as shitcoin and does called it dumped for those projects.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: PerfectCircle on August 07, 2020, 06:13:13 AM
Have you heard about some projects that are called pump and dump? It's one of the reasons why bounty hunters don't hold tokens they earned through bounties in their wallets, they prefer selling for top altcoins or bitcoin


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Ceyflix-Rez on August 07, 2020, 06:19:22 AM
Tokens can turn useless as soon as trading starts on exchanges, a friend of mine promote a bounty in January and just in few hours when trading starts on exchange the token became valueless, it was trading around 0.001$ and ends up to 0.00005$ in just few hours, it's damn risky to hold tokens unless the project has good demand


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: marks1976 on August 07, 2020, 06:50:06 AM
maybe your theory is true, but most bounty hunters, including me, immediately sell tokens because they think it is a reward or salary after doing a good job for a long time. So, no need to wait any longer, when the token has been received and has been registered on the exchange market, it will definitely be sold immediately.
Maybe it's your opinion but I believe others will have a different opinion too. Have you taken a look at the cartesi? there are so many hunters are still holding their cartesi right now and that means if when a project is having a very good reputation and the hunters will be holding it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: irsada on August 07, 2020, 07:06:28 AM
not the bounty hunter that caused a big dump but I think from the project itself that is not ready to compete while on the exchange, if handled by a great team of course the newly registered altcoins can get good hype in the market.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Phoenix_PROG on August 07, 2020, 07:09:58 AM
Team do dumps, investors do dumps, private sale grabbers do dumps, only weak projects put blame of dumps on bounty hunters, the percentage of tokens given to bounty hunters are lower than the percentage of tokens for ICO or IEO sales


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: terizla on August 07, 2020, 07:23:45 AM
that's right, not every bounty hunter have any job.
they dumping because they need the reward after do bounty. Not only bounty hunters, investors can dump the project too.
because this is happen in me few month ago. that project freeze the token to bounty hunters.
But, after list exchange the price is still dump because the investors.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Claudio99 on August 07, 2020, 07:29:43 AM
We have full time bounty hunters on this forum and once they receive tokens they swap for fiat straight up and again it's very hard to hold tokens because some times they will lose value and become pennies


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: the_thing on August 07, 2020, 08:13:26 AM
Some hunters start promoting projects without even reading about the project and since they don't understand much about the project all they can do is sell the project as soon as they get listed on the exchange.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Bitstar_coin on August 07, 2020, 08:34:48 AM
Yeah but there are different reasons why hunters dump their reward from bounty, the most common one is selling for a good price especially when the tendency of the price to dump irrespective of hunters not selling their token is high, when the team dump on hunters first the price will be very low and your reward will lose the original value,

Another reason is lack of active development from team to improve the project, once the team started slacking in their responsibility to give update about project growth can send a bad signal and create the urge to sell and move on.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: ice18 on August 07, 2020, 08:41:07 AM
The answer is simple most of bounty hunters are looking for immediate income to earn money even if the project has a huge potential in the future they will still prefer to sell at current price because they need to earn money I dont know if they have offline jobs or not thats why they eager to earn money Im a hunter too but I usually wait for atleast some months before selling if I know the potential of a project.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: plvbob0070 on August 07, 2020, 09:03:32 AM
Probably, the reason why they immediately sell their token after receiving it is because of the profit. But, we all know everyone can dump their coin as long they have it. Bounty hunters always think for the profit that's why they will never hold the token rewards in the bounty project and I guess if they see the project is promising and have a good future probably they will not sell it. Most of the bounty hunters don't get enough profit after they received the rewards because the investors already dump the token in the market and as far as I know most of the investors who participate in the presale have a chance to get bonuses which give them more token.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: someone703 on August 07, 2020, 09:23:41 AM
I think they sell everything right away because they are in need of money. Given the current situation of the epidemic, I believe they will need money to survive. Also after being listed in exchanges, the price of the token will constantly be dumped, so sell them as soon as possible.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Inkdull on August 07, 2020, 09:32:07 AM
Not all bounty projects will be promising and few that are promising will have bad ending, it's not advisable to always hold tokens you earned through bounties, I've heard various good news about dead tokens that surge this year but the chances are always slim.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: hrunya102 on August 07, 2020, 09:47:29 AM
In my opinion, usually the project team begins to sell tokens much faster than bounty hunters, and if the team is interested in the long life of their project, then no bounty hunters will be able to dump the price.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: daglordjames on August 07, 2020, 10:35:18 AM
As a bounty hunter I dump my reward as soon as possible because the token might turn into nothingness.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Jackl87 on August 07, 2020, 10:42:08 AM
Well i guess most bounty hunters sell immediately because most coins these days lose value pretty fast once they are on an exchange.
I personally only do bounties for projects that i want to keep longterm but i do this just for fun.
I also understand that for many people in this forum who are from poor countries bounties are an important income.
So i don't blame them for selling their coins as soon as they get them.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Chukwunonso on August 07, 2020, 12:12:04 PM
Bounty hunters perception towards project are different, some hunters take some time off to go through project and the information regarding their listings, supply and other required information, while some are only interested in short term benefits from the project bounty. In fact, I feel most of the hunters are concerned about the short term benefits to be derived from their bounty hassle.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: thesmallgod on August 07, 2020, 12:16:11 PM
When I first joined bounty, I used to keep my token even after a dump in price. This was a long time ago when the price of token used to recover back and even surpass the crowd sale price. I could remember AION token, I did not sell after distribution and eventually sell when the price was 3x. The story is different today. bounty hunters are treated like shit by dev. You get your token locked and being touted as if you did not work for it. It became dangerous to keep on holding coin when I discover token do not recover after dumping while some are even listed at price far below crowdsale price


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: killerfrost on August 07, 2020, 12:20:30 PM
Bounty hunter worked for months, after which they had to continue waiting for months to receive the tokens. So I believe they won't have the patience to keep holding, they will sell everything and receive some money to pay for their life.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: totoy4741 on August 07, 2020, 02:22:50 PM
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.
That is the reason behind why bounty hunters doing bounty hunting, to get rewarded for their word and sell it instantly. I don't really think they participated on a certain project because they want to stick wit the project long term. But by any chance the projects seem to have the potentials to be a successful, I would still believe hunters would sell atleast half of their rewards to get the tastes of what they work for.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: john_nautica on August 07, 2020, 02:36:16 PM
I agree that bounty hunters sell their tokens mostly for the profit that they could get while it is listed on its highest value. Some do hold their tokens because they are in faith that in the long run they will benefit to more profits compared today. However, holding tokens does not guarantee profits that is why many are eager to sell once ideal to do so.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Mulann2 on August 07, 2020, 02:53:59 PM
If you don't dump when you have the chance, you will probably be dumped on, between some team usually are the ones to dump first, hunters work to earn reward and this reward are usually base on worthless tokens and as soon as there is a token with value, hunters don't hesitate to sell.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: alik111 on August 07, 2020, 02:56:00 PM
Hunters are not the main suspect for dumping any Crypto coin/token.
Project team also dump it by selling a huge amount of it.
Another reason is Whale trades.Thay manipulate market by forcing to pump or dump opposite from the trend.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: JCviggen on August 07, 2020, 02:56:37 PM
I agree that bounty hunters sell their tokens mostly for the profit that they could get while it is listed on its highest value. Some do hold their tokens because they are in faith that in the long run they will benefit to more profits compared today. However, holding tokens does not guarantee profits that is why many are eager to sell once ideal to do so.
I think 90 percent of traders in this market do not understand how to determine the correct exit points. People constantly hold their coins and then sell it when they think it will be a good deal, but after selling them the coin grows by another 500 percent


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: WannaCry on August 07, 2020, 03:24:14 PM
I think not all but mostly..  ;D because its already the nature of hunter, you want to exchange your rewards in order to pay your time and effort on that campaign. but if the project is good to be true then the reward will remain in their wallet and will wait for the good price


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: GideonGono on August 07, 2020, 03:27:15 PM
My only reason why I would dump my reward as soon as I received it would be because of the fear that it would soon die like what most of the new alt-coins has been.
Whenever the new alt-coin gets listed the price would only stay for awhile and it would soon falls down or wouldn't get any demand after a short period of time so even if it is listed then it would be useless because there wouldn't be any buyer except for those who have set up a very low price.
We have work for it to so we also have the right to get at least something for it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: umbara ardian on August 07, 2020, 03:48:13 PM
If you don't sell them early, the price is bound to crash and its price will drop many times. I have come across a lot of projects like that and it leaves me with nothing after months of work, so I will try to sell them all at a good price if possible.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: pawanjain on August 07, 2020, 04:16:05 PM
It has become a norm that the bounty tokens are bound to be dumped as soon as it's launched on an exchange.
This has become one of the major reasons why bounty hunters dump their tokens as soon as they receive it and the coin is listed on the exchange.
They want to exit by taking the maximum profit.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Iyanu14 on August 07, 2020, 04:44:25 PM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o

Just to add to these lists, 'failure of the project team to keep their promises'. This is a very strong factor that makes hunters to lose hope in the project and sell immediately the reward is distributed.  Some projects team will promise hunters few weeks after IEO, they add another weeks, add another months.  With this kind of attitude, hunters will think that such project cannot be trusted and can even run away at any time.  The moment the rewards are being distributed like this, they sell it off immediately.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: yulchatar on August 07, 2020, 06:03:47 PM
I'm also a bounty hunter, bounty is my additional income. Therefore, I want to receive some kind of reward for the work done. However, I don't always sell the token right away. It all depends on the project - whether it has a chance in the future or not.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: RabbiTANK on August 07, 2020, 06:54:55 PM
The reason why many bounty projects dump right after trading starts on exchanges is because many of the projects are bad projects from bad developers, they are built to make money out of by the team, if you are very picky you will easily avoid wasting your time


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: pandanaran on August 07, 2020, 07:08:47 PM
yes, some of the factors above are reasons often used by bounty hunters. Even I am personally aware of it. I mean when I receive a token from a bounty project and the project team is always updating the project, the project has good progress, the limited supply of tokens might be reconsidered to hold that token. something can come at any time or happen unexpectedly. but stay alert and always monitor such projects.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Becky666 on August 07, 2020, 07:15:08 PM
 :D if I get the job done and get equally paid, what else should I do with my rewards?, to sustain my life and families because this is my job  ::) dump! dump!! and dump!!!. Hunters will remains dumpers because they are different from investors and traders. Personally, am not against the hunters but getting their rewards dump immediately the token get listed is worrisome, the bounty managers should rise to their responsibilities in distribution of these tokens batch by batch. This will help to solve part of the problems from bounty Hunters against potential projects.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: pixie85 on August 07, 2020, 07:38:50 PM
They dump because most of them are poor people for whom getting 100% of their reward value and 50% is important.

People who have a lot of money are known to invest and speculate because they feel safe and confident. Those who don't have a lot spend and save up what they can. Holding a new coin because it could pump one day is just too risky for them.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: jrrsparkles on August 07, 2020, 07:43:56 PM
The main reason why most of the people sell their tokens from bounties soon after they got it is just because people who held their rewards from bounties in the past get nothing at the end of bull run that is why people are so desperate about converting their rewards into real money.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Diamond_Darrell on August 07, 2020, 08:18:54 PM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o

Bro, three years of experience has shown that as a rule, selling immediately after the distribution of a coin is the best option. It would be more profitable to exchange them for bitcoins and store them. There would be much more sense


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: kawetsriyanto on August 07, 2020, 09:39:22 PM
Commonly, the bounty hunters are afraid that the coins will not be worthy again in the future. So as soon as possible they can get it for cash or convert it to the trusted coin or top coins. Commonly, bounty hunters do not care about future prospects, they only need soon rewards to be cash for them. But in this case, is it really that bounty hunters will dump the price? The percentage of the tokens for bounty hunters is so small compared to the investors. Are you that the bounty hunters who dump the price?


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Akoldi_ibk on August 07, 2020, 09:41:39 PM
Experience they say is the best teacher. Every hunter have had this experience where they held on to their bounty rewards hoping for increase in price or exchange listing, but eventually, watched the tokens turned out to be worthless. Energy, effort, brainstorming and a lot of resources were put together to complete the bounty tasks which in some cases takes months. With past bad experience and the need to make worth of the token received, hunters sell and move on.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Pamadar on August 07, 2020, 10:13:49 PM
Experience they say is the best teacher. Every hunter have had this experience where they held on to their bounty rewards hoping for increase in price or exchange listing, but eventually, watched the tokens turned out to be worthless.
Energy, effort, brainstorming and a lot of resources were put together to complete the bounty tasks which in some cases takes months. With past bad experience and the need to make worth of the token received, hunters sell and move on.

Yes, the reality of being a bounty hunters relies with experienced from the past, they are considering decisions base
from the last outcomes of their participations.

Hold or dump depends on their knowledge with the project that they supported, if they feel that there's none, no need to hold.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: kensaii on August 08, 2020, 05:04:48 PM
A lot of bounties are failed to meet your list of reasons why so no wonder people sell their bounty right away after the distribution. A new project has to do bounty because they want to catch the investor's attention. And many new projects also failed to get enough investors and either has a setback with coin's price going low because no trusting for it, no good exchange since listing need money too.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: prehisto on August 08, 2020, 05:07:29 PM
this is logical becasue most of the tokens plumet. In a sense this is a some kind of cyclic pshihology. The price plummets becasue hunters and others hunters sell becasue they feel that price will plumet.
Also almost all projects are clueless how to sustain normal token price, all this can be avoided if the team is smart and cares.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: arufox on August 08, 2020, 05:24:01 PM
yes 95% of bounty hunters will sell tokens that they get immediately in my opinion there is a reason why they do that, like
they do not have enough money for the necessities of life
they don't want to miss the moment when the price is still high. because it is proven if 2-3 days when the token listing will experience a dump. like many people say "panic sell"
Where did you get this data?? If you say most of bounty hunter sell their token immediately, it's okay but said 95% it's too absurd. And i also see many bounty hunters regrets the decision to sell immediately, so the reason the don't want to miss the moment  isn't quite right. The most sense because of they wanted to exchange it for real money


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: 10BTCaDay on August 08, 2020, 05:37:31 PM
this is logical becasue most of the tokens plumet. In a sense this is a some kind of cyclic pshihology. The price plummets becasue hunters and others hunters sell becasue they feel that price will plumet.
Also almost all projects are clueless how to sustain normal token price, all this can be avoided if the team is smart and cares.
I have not seen any company for a long time in which bounty hunters would receive such big rewards to dump prices ten times. I think that dumps does not happen due to the fault of hunters


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Chuky92 on August 08, 2020, 11:56:27 PM
I was going through meditation on why hunters sell (I don't like the word dump because you can sell and buy again  ;D ::) ) their reward token as soon as it is distributed and listed. I came to realise some factors, they are :

1. The technology behind the project , whether new or old.

2. Trusting the project to compete favourable with other protects if any was existing.

3. If the project already has an existing mother project backing it.

4. If there is a partnership with a trusted, company, outfit, conglomerate etc.

5. A good project with low maximum supply.

6. Speculated exchanges to be listed

7. And exchange(s) where the coin gets listed eventually.

These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o

I think one of the major reason is Trust, most projects team gives bounty hunters the reason not to trust them. Most projects are quick to extend distribution while citing many reasons, that extension or delay will even fuel the minds of hunters to dump when they get their rewards, but however if the project is one which have potential, then many will hold. Also another reason is when they see a favourable price, they will sell owing to the fact the crypto space can't be predicted. Your point no 7 also says it all, a good exchange is also another reason. 


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: bbcolex on August 09, 2020, 02:03:28 AM
Bounty hunters are focusing on the rewards they can get some of them make a living out of it, we cant blame all of them tho they can do whatever they want with there bounties, most of the bounty hunters dont have the patience to hold long term.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: AmoreJaz on August 09, 2020, 02:11:45 AM
Bounty hunters are focusing on the rewards they can get some of them make a living out of it, we cant blame all of them tho they can do whatever they want with there bounties, most of the bounty hunters dont have the patience to hold long term.

tbh, i dont blame them for discarding their share as soon as they got it as most of these tokens die down after few months of trading. better sell it while they have value in the market. because thats the reason why they joined the bounty program in the first place, to earn money and not let their share goes to zero value. how many projects have increased after getting listed? so if you are a hunter and wants to safeguard your effort, you will sell your share while you have the opportunity to earn from it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: bgaf on August 09, 2020, 05:17:34 AM
You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Twinkledoe on August 09, 2020, 05:28:46 AM
You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.

And if you will not sell your share, you will be the one who will be wasting your time on these countless crap projects. So it is really better to discard whatever you've got in your campaign rather than wait and wait for nothing. Believe me, if you will not sell it right after you receive it, you will find yourself holding worthless tokens or coins. So instead of holding those crap tokens, better sell it while it has some value in the market.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Mpamaegbu on August 09, 2020, 05:36:38 AM
The reason for my action is right there in the OP — to increase my reward. Normally, I sell off once the reward is distributed and then buy back after the noise from weak hands who sell for a pot of porridge has died down. A lot of hunters rush to sell when they sell others selling without knowing why they are selling off. I try as much as I can to participate in bounties I trust enough to do well and think it's necessary to hodl those rewards as payments after distribution. Why advertise a project you don't believe will do well in the first place?. Yeah, I ain't always lucky doing this a few times because scan devs and teams have subtle ways of blinding the public.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: JohnBitCo on August 09, 2020, 06:33:55 AM
You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.

I used to hunt bounties some time back and also keep holding the reward. From my experience, most of the coins loses their value and become cheaper and cheaper. The best time to get profit is to dump all your coins as soon as you receive them or as soon as the coins hit the exchanges. There are only few coins with good projects which retain their prices and are pumped later.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: raidarksword on August 09, 2020, 06:48:22 AM
Bounty hunters are entitled what ever they have in mind once they received their tokens, either sell it or hold it for better price in the future. I don't also agree with the term "dump", i concur on term of selling instead that would be a wise term for it. I do agree that some hunters sell off immediately because they want to avoid dump from other hunters as well even with a cheap price they will bite the bait for selling low. I did sold my bounty rewards did early than expected and few months it pumped up the price. It may dismayed me so hard but that's life of a bounty hunter, you never know what gonna happened in the future of project.  So, better to move on other opportunities ahead of me in this industry.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Leonardo7 on August 09, 2020, 08:23:24 PM
As a hunter, I still have some coins I have been holding since 2018, and I got them from bounty. Even the once I got this year, I am still holding them, just feel I shoudn't be selling for less. If the developers are wise enough, this is a good time to attract more investor to their projects.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Diamond_Darrell on August 09, 2020, 08:44:34 PM
As a hunter, I still have some coins I have been holding since 2018, and I got them from bounty. Even the once I got this year, I am still holding them, just feel I shoudn't be selling for less. If the developers are wise enough, this is a good time to attract more investor to their projects.
Look, the UTK token https://coinmarketcap.com/ru/currencies/utrust/ was distributed on February 18, 2018. the price at the time of payment of bvla $ 0.27 it was ~ X13 to the selling price on ICO, if to sell them immediately and hold bitcoin, then at the moment it would be at least in breakeven, but at the moment the price per token is $ 0.09 and this is ~ -X3.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: SistaFista on August 10, 2020, 02:56:37 AM
lol you don't need to do some meditation just because of this.  ;D
For me as a hunter, i will sell my reward immediately if i see the price is good to sell.
If the opposite, i better hold the reward until the price is good because some token need some time to drive the price.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Gorosden on August 10, 2020, 07:22:47 AM
Any bounty projects that ends up listed on small exchanges will definitely see big dump because no bounty hunter will want to hold because of fear of dump, I only keep coins that has no good value but if the present value is good I will take my profits


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Pito001 on August 10, 2020, 07:27:08 AM
Hunters usually not really believe in projects, thats they they want to sell everything as soon as possible


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Blue_oxen on August 10, 2020, 07:35:53 AM
Any bounty projects that ends up listed on small exchanges will definitely see big dump because no bounty hunter will want to hold because of fear of dump, I only keep coins that has no good value but if the present value is good I will take my profits
It's a likely thing that usually happens! However, you're giving out a stereotype and stereotype is not always true! Not all bounty projects that listed on small exchanges will see a big dump. Especially, bounty hunter can't have that much effects on a project! The allocation of tokens that use to reward bounty hunters is just a small amount in total supply, how could it affects the project? I hate seeing people say that bounty hunters sell their tokens immediately to dump the project!


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Kehindem on August 10, 2020, 10:42:35 AM
just like me for example dont really think much as to hold or not, go straight and sell but as times to goes on tends to reasoning that i should hold because notice some coin do rise, with reference to that; come to the conclusion that i should both hold and sell, as my minds tells me, but do influence sometimes by my basic present need. 


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Retainly_Collie on August 10, 2020, 11:50:46 AM
How you can tell bounty hunters don't know any knowledge about crypto? Look at how many bounty hunters in bitcointalk with Sr Member or Hero even Legendary participated in the bounty. Are they also know nothing about crypto? Bounty hunters dump the coin after got it from bounty because they ain't convince to become a investor or holder on that coin yet. If a coin meets all the factors on OP's list with a positive mark, I'm sure most will hodl the coin.
I agree with you, even bounty hunter is more knowledgeable than investors in this market. They participate in a lot of bounty at this forum and they know how to see which projects are good and which projects are bullshit.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Diamond_Darrell on August 10, 2020, 08:02:36 PM
lol you don't need to do some meditation just because of this.  ;D
For me as a hunter, i will sell my reward immediately if i see the price is good to sell.
If the opposite, i better hold the reward until the price is good because some token need some time to drive the price.
I will give another example token CDX (Cedex) it could be sold for ~ 0.2 $ it would be very cool. But I decided to hold it and wait until the project reaches its goal. As a result - a scam and a price of 0.0000000000000000000000.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Henrytrust on August 10, 2020, 08:08:59 PM
It's not nice to say bounty hunters dump reward. It makes it feel like bounty hunters are the reason behind a project price dump which could be linked to several circumstances and groups. Bounty hunters are wise and in a situation where they believe in the longevity of a project they hold to benefit from the increasing value, later in the future.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Nyewbot on August 10, 2020, 10:24:53 PM
I agree with this opinion, but I highlight one thing why Bounty Hunter immediately sells its reward once the token is on the market. One of the things because they do not have the confidence that the token will have good prospects in the future (not successful at the time of the token sale), so they are better off selling it immediately rather than being worthless later. Maybe they are in need of money especially in the present



Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: chanc3r on August 10, 2020, 10:45:40 PM
I agree with this opinion, but I highlight one thing why Bounty Hunter immediately sells its reward once the token is on the market. One of the things because they do not have the confidence that the token will have good prospects in the future (not successful at the time of the token sale), so they are better off selling it immediately rather than being worthless later. Maybe they are in need of money especially in the present


It's about the quality of the project that will be giving impact to the tokens and no more. This is the main consideration for the hunters whether they wanna try to dump it or not. In fact so many times people forget it right now.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: tracyhayley on August 10, 2020, 11:41:09 PM
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Diamond_Darrell on August 14, 2020, 05:53:58 PM
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price?


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: peter0425 on August 14, 2020, 06:36:56 PM
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price?

Still  a mystery in the shadow of every dumped projects.

How come that small percentage that every hunters received which distributed to many can make a certained
move from the whole project itself? always been blamed but reality dictates that the team are just pointing
fingers as they don't any intentions aside from running away investors money.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: ije07 on August 14, 2020, 06:59:33 PM
yes, of course they will sell after being listed on the Exchange or at least make up for their hard efforts in promoting the project. it's just that at worst it could impact the token price of the project itself. if you are confident with the progress of the project, then you can still buy it back when the token price is low.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: supine on August 14, 2020, 07:16:54 PM
I don't like to say the reason why we dump or sell it because I am only talking about my own choice here but here is the reason's.
1. I don't trust the new projects so if they have a value why would I even hold it since I saw so many projects get their price gets dump after a couple of weeks or months.
2. I want to buy other alt-coin that have more chance on increasing their current value.
3. I need the money so I don't want to risk it on holding the reward with a high chance to drop low.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: princecharles on August 14, 2020, 07:19:30 PM
In my opinion, bounty hunters are not very objective when it comes to deciding on whether to dump a token received from bounties or not. They are more concerned about the returns to be derived from the project. When the reward is worth the hussle, they dump and move on, there are more jobs to be done and bills have to be paid. Bounty hunters are short sighted and rarely wait for long term when they are aware that the project can become worthless tomorrow.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Marble777 on August 14, 2020, 08:00:33 PM
Every bounty hunter has different reasons, especially regarding project tokens from a Bounty project. just like they sell because they are under economic pressure, can't wait for the right time to sell, afraid of being trapped in FOMO etc.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: semobo on August 14, 2020, 08:14:48 PM
Better say they are redeeming their earned rewards into cash, they worked for it right and there is no point of saying you should not sell it for profits.Many tokens will be dumped by the investors itself but team blame the hunters so they can sneak their stake into worthy coins and will leave the project undeveloped. People gained lot of experiences from holding ICO tokens in 2018 and they never made even cents by doing that.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: abdulodoi on August 14, 2020, 08:43:33 PM
In my opinion, many bounty hunters do sell their reward as soon as they receive it because they have not done a thorough research on the project so they don't know if it will succeed or not (They just need to feel truly rewarded for all the work done.

Some also sell their reward even after researching and knowing project is solid and they might be selling too cheap because they need money badly for their upkeep.

I don't believe that bounty hunters selling their token makes a significant impact on token decreased value. Mostly this is done by early investors (private sale) due to them buying on big discount.

I personally used to sell my reward asap when i started bounty hunting  but few projects really did surprised me hence i now hodl some and this has benefited me greatly finanacially.

My suggestion, don't be too excited during distribution without making sure you are not selling yourself short!


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: forexandcryptoauditor on August 14, 2020, 09:48:46 PM
All the points are correctly mentioned by you stating the truth. Projects should not blame hunters for dumping. The most important factor is trust among the hunters about the project which they promote. Who knows the future. At present, if we are getting rewarded, it should be converted into actual rewards.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: krisnajsadrak on August 14, 2020, 09:51:41 PM
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.

yeah, the team should proof their project is a promissing project to all participants and investors too
because not only bounty participants buddy, but investors also became a part from the "Dump"
anyway not all bounty hunters will sell their tokens as soon as they received


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Russlenat on August 23, 2020, 11:55:20 AM
Most bounty hunters don't really believe so much in most of these projects. Some only participate just to earn some rewards and move on. Our dev and team should try as much as possible to come up with good projects which have potential to convince hunters to hold.

yeah, the team should proof their project is a promissing project to all participants and investors too
because not only bounty participants buddy, but investors also became a part from the "Dump"
If the team will give an unreasonable bonus to investors that would still make them profitable despite dumping the coin, they will certainly do as they are all aiming for profit, especially for short term profit.

anyway not all bounty hunters will sell their tokens as soon as they received

Not all, but most of them, maybe 90%.. so team should be ready with this, they need to find ways that the coin will not dump when traded.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: blckhawk on August 23, 2020, 12:09:13 PM
Simply because Bounty hunters not does not really cares about the future of the token they just only after the rewards they can get throught it, and I knew some of them. To be honest, I also have an issue trusting these token probably because of what past ICO projects have did to me. I usually hold those token and wait for the right time before to sell but it turns out they dump already and I wasn't expecting that. So I can't blame why hunters dispose those token after they recieve it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Warkop on August 23, 2020, 12:47:03 PM
This may all be the fault of the project itself why they are holding coins for too long to hand out to bounty hunters, so when coins are distributed to bounty hunters, don't blame bounty hunters if their price is destroyed when they enter the exchange, because the bounty hunter has been waiting for the coins to be distributed with the project for a long time, so after the bounty hunter gets the coins, it's only natural that they sell them because it is the bounty hunter's right to sell them, and I'm sure not all projects when they enter the coin market will be destroyed, because it all depends whether the project developer itself can keep the price good and stable, if the developer can keep the price, everything will be fine.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: arufox on August 23, 2020, 01:24:45 PM
I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Tomohisa on August 23, 2020, 01:39:03 PM
You cant blame them some of the hunters are actually relying on the profit on their campaigns. It sound desperate but thats the truth. I know its not appropriate to use forum as a job or what but that is what happening here. Most likely some user here are displace or neglect of their jobs due to covid19 situation and they just relying on the income they get here. Too bad and sad but this is reality and should never be the case so dumping is inevitable cause they can get something to use for daily living. But for those who are in good position they could hold it or trade some but for others let say they have no choice.

And if you will not sell your share, you will be the one who will be wasting your time on these countless crap projects. So it is really better to discard whatever you've got in your campaign rather than wait and wait for nothing. Believe me, if you will not sell it right after you receive it, you will find yourself holding worthless tokens or coins. So instead of holding those crap tokens, better sell it while it has some value in the market.
So true, the chance of coin you receive from the bounty project increases price after the distribution is very low. Most of the time, it will be dump by everyone, investors included so better take the first turn and sell it before the dump.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: masterrex on August 23, 2020, 01:48:25 PM
Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: pikkie on August 23, 2020, 02:33:12 PM
I think the important reason because bounty hunter doesn't trust the project, They join in bounty because the reward behind it not because of the project. And I don't agree if says hunter dump the reward, better to say hunter want to enjoy the reward, That's why he sells it immediately
the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: dainoran on August 23, 2020, 02:36:12 PM
I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: lumeire on August 23, 2020, 02:38:08 PM
Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.
This holds true in most of the cases, but what is the problem here is that most of the Bounty projects promise big returns for the hunters, even the coins are listed at pretty high rates on the Exchanges but when the time of Bounty distribution comes those same coins are worth in pennies as compared to the start of Campaign, so bounty hunter aren't responsible for the dumping of price of a token on an exchange, it always get dumped way before they were even given a single token to sell. This mindset of the community needs to be changed where they always held responsible the bounty hunters for the dump in price of a token.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Kupid002 on August 23, 2020, 02:47:46 PM
I think it's normal for a bounty hunter to get good returns for himself, and sometimes buy back the coins they sell for a profit at a later date.

not all is having a plan to buy back the coins they sold they prefer to buy  much more secured coins than to buy again from a project that already dump its price.



the reason is not only that but the reason could also be that they are bounty hunters in need of money so that the participants prefer to immediately sell the proceeds from the bounty campaign to survive because the money from the bounty campaign can be used to buy food and drinks to survive.

That is  their rewards they are freely to choose wether to sell it or not even they need it that time or not its their payment after all.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Miaallen on August 23, 2020, 02:51:58 PM
These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Dollar_Hunter on August 23, 2020, 02:55:51 PM
The bounty hunter only gets a small reward, I don't think Dump happened because of the bounty hunter,
it's natural that we as bounty hunters sell it, because we also need money, don't always blame the bounty hunter!


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: juiceannabel on August 23, 2020, 05:31:03 PM
I think the reason why hunters sell their token as soon as they received it is because the trust issue toward the project.
There are many projects not progressing, causing the token price to falling. So, hunters think it is better to sell it now before the token price going even lower.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: cosmofly on August 23, 2020, 06:02:25 PM


These are some factors I think determines the mind of hunters to sell immediately or to hodl for a while.

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o
In fact, knowledge and experience are still the most important thing if you want to get rich in this financial market. You can see there are a lot of hustle and hard-working people, but they can't get rich because they never have analysis. There are projects we need to analyze and value in the future to make the decision to hold or sell right away. Like Cartesi bounty, if one holds it until now the reward is 4 times higher than the original. In short, we shouldn't just work hard, we should work smart.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: albon on August 23, 2020, 06:27:21 PM
Most bounty hunters work for many months and eventually get some tokens. If these tokens have a value, they want to sell them in order to get some money from it that compensates them for the months they spent in their work. I think they rush to this decision, but they will be disappointed if these tokens lose their value, So they sell instead of waiting for the token to rise in value.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: qigong13 on August 23, 2020, 06:30:02 PM
These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
True, some don't see or understand the benefit of the coin and just want something, anything for their work in the bounty, no matter how low it could be. Sure you can do that but it was a very ill-advised thing to do. At least, bounty hunters understand why they want to sell (based on OP's list) is much better.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Toxic_1988 on August 23, 2020, 07:26:06 PM
in my experiences, they dumped it because of panic. i have joined some bounty in the past, some project give a big bonuses for investors. when they get listed on the market and start to trade, the bounty hunters still didn't get theirs reward yet. the team still hold it and let the investors sell it first. then, the investors sell their bonuses first and hold the rest of their coins or token that they've bought for later. when the price is little dumped, the reward was distributed to bounty hunters. they all panic. they think the price will get more dumped and sold it immediately after distribution. then, it just make it worst. the price is dumped really hard.
Interesting point of view. But I'm still wondering how a couple of hundred people with 1-2% of tokens can move the price?
No, of course for bounty, they can't cause a crash or trigger a dump with 1-2% come from the bounty. But for investors? Yes, the investors can if they able to get a hold of plenty of coins at the early stage through mining or private sale for funding.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: hidden jutsu on August 23, 2020, 09:19:23 PM
Most bounty hunters work for many months and eventually get some tokens. If these tokens have a value, they want to sell them in order to get some money from it that compensates them for the months they spent in their work. I think they rush to this decision, but they will be disappointed if these tokens lose their value, So they sell instead of waiting for the token to rise in value.
I believe they received a lot of lessons from the collapsed projects in the past, they held a lot of tokens from the bounty and waited for the price to go up, but the price kept crashing and in the end they had nothing left in their wallet. So now the bounty hunter will sell it all upon receipt and no time wasting waiting
That is one another reason, they sell immediately to receive the amount of money they expected. They don't take any more time to wait for the price to increase since what they have experience all the time is the price crashes every time before they knew it.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: elementaryOS on August 23, 2020, 09:59:37 PM
I laughed at every time people complain that bounty hunters know nothing about the coin they got from bounty and just dump it on the market at any price. Maybe that only for the coin which only worth less than $50. If it worth more, we, bounty hunters have a lot of factors to determine if we should hold or sell like OP's post.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Sebas.tian on August 23, 2020, 10:38:28 PM
The bounty hunter only gets a small reward, I don't think Dump happened because of the bounty hunter,
it's natural that we as bounty hunters sell it, because we also need money, don't always blame the bounty hunter!
You're correct, the fact that even the bounty hunters need money to sustain their families will compels them to get involve in dumping their rewards after token listed on cryptocurrency exchange. Those without any other sources of income won't hold their tokens and watch them become $1 or above. Projects had always made allocation for all the campaigns and those for their bounty don't always have weight, so, what they gave to bounty hunters can't crash the market per we.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: nikki4 on August 23, 2020, 10:43:59 PM
I also don't like the word 'dump' as well. Just a matter of cold head thinking and selling when we see it fit. It was our coin, our bag so we can do anything we seem it fit and I don't get it why investors don't like it. Heck if they think we are dumping the coin for such a low price then buy it up.
We don't like to dump prices but without volume prices will start to dump. Most of the new altcoins release more coins to dump the price. Circulating supply is increasing to two year old coins. Without increasing the supply price can be dumped by hunters.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Zeke_23 on August 23, 2020, 10:46:30 PM
The bounty hunter only gets a small reward, I don't think Dump happened because of the bounty hunter,
it's natural that we as bounty hunters sell it, because we also need money, don't always blame the bounty hunter!
You're correct, the fact that even the bounty hunters need money to sustain their families will compels them to get involve in dumping their rewards after token listed on cryptocurrency exchange. Those without any other sources of income won't hold their tokens and watch them become $1 or above. Projects had always made allocation for all the campaigns and those for their bounty don't always have weight, so, what they gave to bounty hunters can't crash the market per we.
No other reason, only because bounty hunters also needs money, they sell their coins to make use of the reward.

Exactly, most of the time, the total allocated for bounty campaign on amounts to 1-2% of the total supply, there is no way it affects the market if that 1-2% will be distributed to all of the bounty participants.



Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: arditiyan on August 23, 2020, 11:10:50 PM

Its because it becomes normal already that when a token is listed to an exchange, its often dumped by investors down to its knees so before that will happen, its best to just do it first and then decide whether to buyback or not. There had been instances where I have hold the tokens I got from campaigns, it takes a lot of waiting to profit but dumping and buying them back when the price is much affordable is profitable.
Investors don't think of it sometimes, the brand always blames the bounty hunter for the dump price. but if they want a more solution they can be doubly lucky if they buy at a low price and wait for a high price. so I think it's one of the right options and goes the way


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: TheMystic on August 24, 2020, 12:34:53 AM
Resently there have been lots of whack projects, hunters know a valuable token when they see one, not all token is being dumped by hunters. The same motive to earn by some hunters is also same motive investors have got in mind. Some investors also buy tokens to earn and dump immediately its listed. Dumping can happen, either by hunters, investors or the team. All depends on the team management.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: ufaiz50 on August 24, 2020, 02:00:22 AM
...

Many say when it is handled by a known bounty manager but I don't totally agree with that view because we have seen so many coin that became trash after distribution, some never got listed, some ended up being scam.

...
There are many reasons for the token being held or sold by the bounty hunter and that reason depends on the needs of each bounty hunter. Apart from that, what is very interesting is the discussion about the bounty manager, in this case, there is an opportunity the bounty manager will indeed select a project and take a project that is profitable for the manager himself and for bounty hunters. This is a matter of reputation that must be built to become a reliable bounty manager. The problem is a manager is still a human being who can choose a project that dares to pay them a high price, and sometimes the wrong project to handle.

The most important thing for me is how we choose a competent developer so we don't depend on the bounty manager.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Vishnu.Reang on August 24, 2020, 05:59:05 AM
Not all of the hunters dump their tokens as soon as they receive them. I actively participated in bounties during the 2017-18 period, and I still have tokens from that time in my wallets. I used to follow a particular strategy for these tokens. I would convert 40% of the tokens as soon as I receive them, and would dump another 40% after one month. The remainder 20% is for long-term storage. But then I know a lot of people, who held on to their bounty rewards for more than a year.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: X-ray on August 24, 2020, 06:43:27 AM
These are majorly the reasons. But most hunters also just joined campaigns just to make some earnings. The hardly understand the technology behind the project. All that matters to them is to sell and earn whatever they can get.
They will not sell if they were getting the promising coins. I should remind you about what was happening with the cartesi token and almost 80% hunters have been holding their tokens in their wallet. That depends on how good the reputation of the company.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Gorosden on August 24, 2020, 07:22:06 AM
If the project is promising enough there is no reason to dump instantly, bounty hunters are dumping because they aren't so sure about the progress of the project they promote, I don't blame them for dumping


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: lousie9 on August 24, 2020, 07:27:23 AM
usually bounty hunters want to get fast money from their hard work After promoting a bounty project to success, and some other reasons maybe they think that a new project can't last long in the market, so in essence, I think bounty hunters must have their own reasons for selling their tokens after receiving from the bounty project.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Google+ on August 24, 2020, 07:29:05 AM
If the project is promising enough there is no reason to dump instantly, bounty hunters are dumping because they aren't so sure about the progress of the project they promote, I don't blame them for dumping
Unfortunately not all projects have good development because sometimes some projects are not too serious and only aim to take money assets owned by investors so that there are many cases of scams that occur and many shitcoins are circulating which ultimately make the name cryptocurrency bad because of the many tokens or a low-priced project that failed.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Apostlekin$$$ on August 24, 2020, 07:42:58 AM
Bounty tokens and coins can turn useless very fast once trading starts on exchanges and this is because the project isn't good enough, the project has too low demand in Crypto space and that's a big red flag


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: FairUser on August 24, 2020, 02:01:31 PM
usually bounty hunters want to get fast money from their hard work After promoting a bounty project to success, and some other reasons maybe they think that a new project can't last long in the market, so in essence, I think bounty hunters must have their own reasons for selling their tokens after receiving from the bounty project.
We are in a pandemic and cannot go out to work, and a lot of people need money to pay for their lives. That's why we have so many bounty hunters this year, and they need to sell them all as soon as they get it to make money. But things were not as they thought, the price dropped many times after the bounty ended and many projects continuously delayed the token distribution.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Westfiled on August 24, 2020, 02:47:21 PM
Bounty tokens and coins can turn useless very fast once trading starts on exchanges and this is because the project isn't good enough, the project has too low demand in Crypto space and that's a big red flag
The exchange site will determine what will be the best price that to be valued for the project and this is depending on the how big achievement that can be achieved by the developers during the development progress.
The hunters were selecting the good coins to be on their portfolios. What you have been saying also the main reason why hunters dumping their tokens.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: Mahanton on August 24, 2020, 02:52:03 PM

Edit: There is another point while hunters can decide to hodl though, if the reward value or the unit received is worthless  ;D :o

Yeah thats really a valid point and on where majority is been doing now on why they do hodl because they cant just sell it off coz it isnt listed into any exchanges.Just like on my own wallet on where
it does have lots of shitcoins and mostly in erc20 which doesnt have any value or didnt have the chance to get listed and eventually die after on the said ICO sale.After that i didnt tend to
look back on doing bounty hunting due to this absolute reason but im still amazed that there are still lots whom do consider to get involved into this activity in spite of its success rate.
You would not only wasting up your time and effort but also into the resources spent.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: alisonwonder on August 24, 2020, 02:58:58 PM
Bounty tokens and coins can turn useless very fast once trading starts on exchanges and this is because the project isn't good enough, the project has too low demand in Crypto space and that's a big red flag
it all depends on the project being developed, when the project can be used by many people and can be a solution to a problem then the price of tokens or coins will definitely still last, but when no one is interested and there is no project development then the price will easy dump happens.


Title: Re: Reason hunters dump reward as soon as received. Trust Exchange etc
Post by: imstillthebest on August 24, 2020, 03:02:33 PM
im looking for a reason of poverty and i cant find that lol but its okay because you include others aside from the numbers listed  . you cant feel it if your rich or atleast have some wealth because you wont think of selling your tokens this way but me i can feel it as im one of those who are poor . its hard to sell because i have this confused feeling  , when i look on the coin its increasing but i also need money . no choice , i just endure the regret and continue sell