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InGODweTrast3 (OP)
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February 17, 2018, 07:24:25 PM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
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partysumo
Member
 Offline
Activity: 126
Merit: 10
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February 17, 2018, 08:15:08 PM |
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Who said bounty hunters are guilty? Bounty hunters are not lowering any rate at all, if anything, they are generating additional exposure for the ICO so that ICOs are likelier to succeed. Besides, if giving out bounties were not profitable, ICOs wouldn't be offering them in the first place.
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vibingpositively
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February 17, 2018, 08:17:14 PM |
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Who said bounty hunters are guilty? Bounty hunters are not lowering any rate at all, if anything, they are generating additional exposure for the ICO so that ICOs are likelier to succeed. Besides, if giving out bounties were not profitable, ICOs wouldn't be offering them in the first place.
I think what OP was alluding to was the fact that bounty hunters feel like they are under constant prosecution here at the forums. Whether that be from big ranking members who hate the thought of bounty or whether that be from ICOs calling for KYC on some projects. It just seems that this aspect of the forum isn't wanted, which is weird because they offer it. Kind of a catch 22 you can't win whatever side you are on. |
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clrpod
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February 17, 2018, 08:28:56 PM
Last edit: February 19, 2018, 03:50:02 PM by clrpod |
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Who said bounty hunters are guilty? Bounty hunters are not lowering any rate at all, if anything, they are generating additional exposure for the ICO so that ICOs are likelier to succeed. Besides, if giving out bounties were not profitable, ICOs wouldn't be offering them in the first place.
I think what OP was alluding to was the fact that bounty hunters feel like they are under constant prosecution here at the forums. Whether that be from big ranking members who hate the thought of bounty or whether that be from ICOs calling for KYC on some projects. It just seems that this aspect of the forum isn't wanted, which is weird because they offer it. Kind of a catch 22 you can't win whatever side you are on. The issue with bounty hunting is surrounding spam. Theymos (who runs the forum) has said himself that he likes that people can earn a little using the forum but he wants to maintain quality posting and discussion. This is why Merit changes were introduced. |
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Gab20
Jr. Member
Offline
Activity: 714
Merit: 3
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February 17, 2018, 08:33:06 PM |
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I do not agree with that. I have noticed a trend with some investors. There are investors, who because of the bonus gotten from their investments in coins or tokens decide to drop the price in order to sell early and move over to another investment.
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hakans
Member
Offline
Activity: 100
Merit: 11
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February 17, 2018, 08:34:33 PM |
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Who said bounty hunters are guilty? Bounty hunters are not lowering any rate at all, if anything, they are generating additional exposure for the ICO so that ICOs are likelier to succeed. Besides, if giving out bounties were not profitable, ICOs wouldn't be offering them in the first place.
I think what OP was alluding to was the fact that bounty hunters feel like they are under constant prosecution here at the forums. Whether that be from big ranking members who hate the thought of bounty or whether that be from ICOs calling for KYC on some projects. It just seems that this aspect of the forum isn't wanted, which is weird because they offer it. Kind of a catch 22 you can't win whatever side you are on. The issue with bounty hunting is surrounding spam. Theymos (who runs the forum) has said himself that he likes that people can earn a little using the forum but he wants to maintain quality posting and discussion. This is why Meta changes were introduced. Things do seem less spammy since we have the merit system, but looks like low ranked members can barely rank up no more. |
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Agozyen
Sr. Member
Offline
Activity: 672
Merit: 252
Until the end
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February 17, 2018, 09:15:08 PM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
Bounties are a great way to generate awareness of coins. The value of a coin is impacted by how many users it has and generally the more the better. People that participate in the bounties help spread the word about the coin and should be rewarded. The problem with spam is real though and I think the merit system is a step in the right direction. |
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entrepmind23
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February 18, 2018, 04:27:34 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
It is expected that when the ICO has a bounty campaign, by the time of the distribution of bounties, some bounty hunters would immediately sell their coins for various reasons that's why it is expected that the price of coin would go down and if the project has true potential then it would grow organically. There are some bounty hunters who would immediately sell their coins because they know that the price would go lower and then if they like the project then they would buy it cheaper resulting to having more coins than what they receive. The strategy of some ICO though is to distribute the tokens after maybe a month after being listed in exchanges so that the coin would already be having a stable value and the distribution of bounties wouldn't affect the price that much in case bounty hunters decide to sell their coins. I saw some ICOs that warn their investors beforehand that the price of their coin may not moon immediately because some bounty hunters would sell their coins for whatever price at the beginning and they would see the price growth after a few months. |
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BUSTEDCLUB
Member
Offline
Activity: 65
Merit: 10
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February 18, 2018, 04:34:08 AM |
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SOME of bounty hunter do that, BUT please remember that bounty hunters is really helping to promoting a projects. A tweet that you read the article that you read some video you watch at youtube is made by all those bounty hunters. What make rate decrease is "maybe" because some bounty hunters sell all his coin immediatly when get it before any other person do. So almost all buy order filled. If the token really worth that coin or token will not have difficutly have the price back to normal, beside that bounty hunter allocation from total supply of the token cant be bigger than 5%.
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The Sceptical Chymist
Legendary
Offline
Activity: 3332
Merit: 6826
Cashback 15%
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February 18, 2018, 04:37:05 AM |
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Things do seem less spammy since we have the merit system, but looks like low ranked members can barely rank up no more.
Well, if you're looking for shitposts, then look no further than this thread--it's filled with them. And it looks like they were all written by members who probably won't ever earn enough merit to reach Sr. member status, but we'll see. I've been telling myself that it'll take some time, and the amount of garbage on bitcointalk will subside, but I honestly thought I'd see results a lot quicker. What are people getting out of writing this garbage: LoL who did say that bro?
That make me so confusing haha
And most of the rest of the posts don't really say much of anything. The OP doesn't even make a whole lot of sense, because it's a poorly-formulated question. I don't know about bounties, but sig campaigners are largely responsible for the shitposting problem. Account farmers are necessary because the bct account market is alive and well, so that's another part. The toolbags who chase after airdrops tend to pollute the whole altcoin section, but this doesn't bother me much since I have most of it on ignore. One of the best things I ever did on bitcointalk. I think he is referring to the general sentiment that profession bounty hunters dump their coins and tokens immediately
Ah! In that case, I'd say why wouldn't you? Most of these projects aren't destined to change the world by any means. Holding onto any of those tokens is basically like watching your money burn--I think most of them are going to be worthless, and sooner rather than later. |
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HashFace
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February 18, 2018, 04:37:50 AM |
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I think he is referring to the general sentiment that profession bounty hunters dump their coins and tokens immediately, sometimes causing the coin price to sink below the ICO price. That may often be the case, but if the project was worth investing in the first place, don't worry about it. From what I've seen, ICOs normally pay the buyers a few days before the bounty hunters, so if they have doubts about the project, they can always get out before the bounty hunters.
But I wouldn't invest in a project that I didn't have long term faith in, so I couldn't care less if bounty hunters dump. IMO, it will be their loss in the long run.
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cryptosifu
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February 18, 2018, 04:54:15 AM |
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It depends which exchange the project get's listed on after the ICO. If it's only on a small exchange with very low trading volume. Bounty hunters dumping immediately after receiving their bounties will affect the price negatively. I have seen this happen many times.
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Longfellow27
Newbie
Offline
Activity: 140
Merit: 0
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February 18, 2018, 04:55:13 AM |
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Who said bounty hunters are guilty? Bounty hunters are not lowering any rate at all, if anything, they are generating additional exposure for the ICO so that ICOs are likelier to succeed. Besides, if giving out bounties were not profitable, ICOs wouldn't be offering them in the first place.
I believe that bounty hunters are just doing their job. They are advertising the product and therefore deserve their intended bounty as well. If should it be true then it should be planned well since advertising is really a good part of a business exposure as said that is why I could agree with you. |
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boyshx
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February 18, 2018, 05:05:37 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
This might be related to multiple account usage that has grown recently to larger scale. This kills the profits because there is no organic marketing that is going on and thus it causes the loss of investment. That is just one of the reason I feel why bounty hunters are not welcome much these days. However the situation will change soon if the organic marketing is focused and new ways of applications are brought into effect. |
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kier010
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February 18, 2018, 05:29:52 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
you mean after ICOs are finish bounty hunter sell their coins at lower price compared to ICO price. ICOs can choose not to run bounty campaign but ICOs need exposure so they need bounty hunters to spread their project details. some or most of bounty hunters need money so they sell it right away after ICOs is finish. |
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mu_enrico
Copper Member
Legendary
Offline
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
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February 18, 2018, 05:48:32 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
In majority case small percentage of supply wont crash the market so above argument is not completely true Bounty hunters only move the market temporarily because they usually dump coin after they get the bounty If the coin itself has good value perception, then it will go up after the dump But if the coin fundamentally weak, the bounty dump will trigger mass exit (crash) that maybe take longer time to recover or not recoverable at all On the bright side if a coin bounce back after dump period, then it will shine in the future  |
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Shirin16
Member
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Activity: 254
Merit: 10
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February 18, 2018, 06:25:27 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
many bounty hunters are only concerned with the immediate benefits of getting paid for them. many do this by not thinking about the state of the coin in the market and that is deviating from the strategy designed by investors. perhaps that is one factor of the bounty hunter's fault. |
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lovela
Member
Offline
Activity: 126
Merit: 10
I don't think sMerit harvesting is a serious crime
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February 18, 2018, 06:34:13 AM |
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Why are bounty hunters guilty?
Why do they say that bounty hunters have lowered the rate, and investors can not even return the money they invested? I think that if the project is honest, this situation is unacceptable, since hunters get a percentage from ICO, and the project team must redeem their token or coin!
Bounty hunters have nothing to do with ICOs and projects' failure because every ICO or product or project must conduct bounty campaigns because bounty hunters are helping them to spread the word and their products and projects information. Bounty hunters must be paid bounty stakes because we are eligible of getting tokens because they are using our time and efforts to promote and advertise their products and services or projects. That's the whole thing! |
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Faeton
Member
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Activity: 308
Merit: 11
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February 18, 2018, 06:46:12 AM |
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Indeed, in the first days after the generosity of the tokens earned from the ICO token, the market price of the tokens falls due to the fact that many of them immediately try to sell the received tokens at almost any price. However, if the project is promising, this can not be a problem, because in a month or slightly more the value of the token is restored and continues to grow. Moreover, sometimes companies delay deliberately payment of their tokens, or pay them in certain portions, or freeze the movement of tokens in purses until a certain date. So this can not be a big problem for the ICO team.
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