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Author Topic: Is bounty hunters one of the cause of price dip of ICO?  (Read 565 times)
marksayson
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May 11, 2018, 03:39:47 AM
 #1

I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?

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May 11, 2018, 03:58:53 AM
 #2

Bounty hunter only few of them. Since you know the bounty amount aren't too big (mostly it's 1,2, or 4 % from total supply).
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market

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kirstiemorton23
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May 11, 2018, 04:11:40 AM
 #3

some investors say "that bounty hunter is the heaviest killer of ICO", i think the reason is too cruel and disparaging bounty hunters, prizes from some hunters, if they sell tokens they can, just make not much money.
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May 11, 2018, 04:17:37 AM
 #4

Why blame bounty hunters generally? there are a lot of stakeholders in this market or in every project, and all of them are potentially able to cause the dip.
Also as been stated by Numanoid, bounty allocations distributed to hunter are not that representative of the most part of it.
bounty amount aren't too big (mostly it's 1,2, or 4 % from total supply).
Early investors, who bought token at private and pre-sale with big bonus causing that. They dumped all of their token including the bonus on market

So I believe all are liable and potentially suspect. Not just bounty hunters.
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May 11, 2018, 04:22:29 AM
 #5

I don't think so.
Most of the time, the bounty thread proportion is very low, so can't affect the entire market, is the price of the token to fall, more reason could be because people lose confidence in the tokens,

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May 11, 2018, 04:32:39 AM
 #6

I think bounty is not a problem at all. Most of the projects are allocating very small percentage as bounty. therefore that small fraction couldn't do nay influence to the price movement. Besides bounty campaigns are based on real work. Either marketing on social media translation ,etc. Therefore the project team can save lot of money on their marketing campaign by allocating small amount as bounty.
Besides most of the bounty campaign tokens will be distribute after the ICO and most probably after they distribute the tokens for the investors.
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May 11, 2018, 04:37:33 AM
 #7

I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?

Ah yeah! Off course hunters are the reason as to why most of the ICO come out as shit prices. Actually not suddenly but eventually after they get listed on the exchangers. I mean when it comes to the exchanger then they set the ICO price to the coins but obviously all the hunters start selling the coins to that price immediately as they have to loose nothing but to earn more and more with this sells. So they mass dump it and thus they make the ICO price to drop eventually. Its hard to believe but that is what always happens.

 
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May 11, 2018, 04:48:00 AM
 #8

I tend to agree with those that lay most of the blame on weak handed bounty hunters.  They're the ones constantly badgering the Telegram channel admins with the stupid "when exchange" questions.  (As if they haven't all been told repeatedly that those questions can't be answered because of NDA with the exchanges)

Some say that it only represents up to 5% of the tokens for any given project, and that couldn't explain the dip.  Have you looked at the volume? Sure, there may be a few early investors selling off their bonuses, but I think most of those sales as bounty hunters.
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May 11, 2018, 05:05:08 AM
 #9

could be so. because often, after the ICO project ended, and many bounty participants are incorporated. So after the distribution will be a lot of direct selling. And it affects the market, many who sell the price can go down. That is why campaign managers, limiting or more selective in selecting bounty participants.

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May 11, 2018, 08:46:02 AM
 #10

The main cause of ICO dip is their team who want some easy money and doesn't care about the project or community, just as always
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June 03, 2018, 09:48:11 PM
 #11

Yeah,  I think it also affects Ico price as the hunters will wanna take profits instantly and leave the project thereby causing huge amount of dump to the coin,  although the exchange that such Ico will list to also affects the price,  if it's a shit exchange it will affect the price  negatively svd if it's a good exchange it affects the price in a good manners
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June 03, 2018, 09:51:11 PM
 #12

I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
You need to expand all the projects individually. There are bad projects where there was a great reward there, of course, the bounty hunters are guilty of collapsing the price, and if the project is cool, but it has fallen, it's not because of bounty hunters, there are a number of other reasons.

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June 03, 2018, 09:52:08 PM
 #13

Probably yes bounty make the price dip. But not all bounty hunters sell immediately there token after they recieve. There are just some people dont care what ico goals.
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June 03, 2018, 09:52:24 PM
 #14

Indeed most of the time bounty hunters dump the coins they earn from participating in projects as soon as the coin is listed which lead to price dip. Sometime they don't even care whether the coin has potential or not, they just dump it.
You will have to wait for the price to go up in order to get profit. It can take a few months sometimes.

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June 03, 2018, 10:00:48 PM
 #15

bounty hunters are affecting the market but without bounty and airdrops they cant do mass adoption.
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June 03, 2018, 10:02:51 PM
 #16

Most of bounty hunters and early investors don't want wait any additional day when the coin is on the exchange, that's why the price falls. Otherwise, if early investors are focused on long-term, than we can see more interesting start of trading.
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June 03, 2018, 10:08:11 PM
 #17

Even if bounty percentage allocated is 5%, can the 5% tokens swallow up all the remainder of the investors tokens. I don't think so. Those who got big bonus of 20% and over alone can sink the whole coin volume by dumping it. Bounty participants are those that even keep the coins, hoping it will moon for them to have success.

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June 03, 2018, 10:09:04 PM
 #18

I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
In my opinion, bounty hunters are not the cause of the token price of the ICO token or coin. Coin or token owners are many who can do it, while most bounty hunters have some just because the allocation for bounty percentage is only a little.
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June 03, 2018, 10:12:58 PM
 #19

Many interested people in a certain token. And there are different tokens that carry the success of sales. But hunters are the only people who just can offer the same tokens at low prices.
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June 03, 2018, 10:15:01 PM
 #20

No, it's not. All bounty hunter doesn't run for a pizza money. Most of them keep their coin hold for the good profits. I think those dumpers are the Pre ICO Investors. Who got 20-75% extra and then they dump the coins by selling low price. It's not the bounty hunters fault. But, if the projects are relly good then price will recover very soon. Don't worry about it mate.
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