TheNextChampion
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June 08, 2018, 01:49:36 AM |
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I think for some reason bounty hunters dumping their token will somehow affect or will have a little effect at the trading price of certain tokens but i believe also another culprit is the bonuses given by the icos. I think if both the bonuses and bounty tokens sold at very low price then it's likely one of the reason that the price will be lower. That's why some of the icos delay the payment or they send the payment of the bounties batch after batch to prevent dump. As you know some of the hunters don't care about the project as long as they sold the tokens then they are out.
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Kartika1
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June 08, 2018, 01:59:33 AM |
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I also think like that. Because the bounty hunter sells their tokens at a low price, and that makes the token price fall from the ICO price. Because they sell cheaply too they feel no loss.
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Idrix1
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June 08, 2018, 02:02:43 AM |
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A lot of factors causes token price dip, most project out there these days lacks a good use case, and a project no matter how hyped it is will dump when listed on exchange because it's aim is for profit making. The devs also play a part here too, i've seen a project which it's token was dumped by the devs on a decentralized exchange when its ico was still on, a lot of dev create projects with profit making oriented mind. The presale bonuses to big investors also causes dump, because investor invest to make profit. So token been distributed to hunters has little effect on the token price since just less than 5% of the token supply is usually been distributed
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xuan87
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June 08, 2018, 02:26:21 AM |
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I think yes, but bounty hunters is needed for the Ico project to finish various important task ,and to advertise the coin, when the ico hit exchanges many bounty hunters will sell the coin, but if your coin got a good potential then there will be alot of new investors and the bounty hunters won't sell all the coin
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sham100899
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https://bizzilions.com/?ref=sham100899
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June 08, 2018, 02:31:55 AM |
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Most likely the investors are the cost of the dip of some promising ICO, but we can't erase the fact that bounty hunters are also involved on dumping their tokens which could cause the price of token look miserable. But the majority of the dip is because of the investors slash dumpers.
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Olajide Olaoluwa
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June 08, 2018, 02:33:41 AM |
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I would say yes, bounty hunter are the main reasons. Most bounty hunters will get their rewards and just dump as if they didn't work for it. And this the reason why ico price go dip when the token is distributed to bounty hunters first
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fitzzz
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June 08, 2018, 02:38:56 AM |
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Even bounty hunters sell their earning on ICO it can't put the price down since the allocation for bounty is 1% of the total supply. And I think some of bounty hunters sell only half of their earning token and buy back when the price is lower. I think the big impact of the price dip are the pre-sale investors who got big discount that who sell after the token listed on exchanges. They are the one flip their token when they have good earnings from the pre-sale.
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bagikoin
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June 08, 2018, 04:08:21 AM |
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It may just be. But if we see in theory that the allocation for the bounty only minor even of only 5%, of these only give a small influence when it entered the market. so I think even though the distribution of bounty to be done but the effect will not be great. but it can also make sense because of the number of coins that enter the market slightly increased so it affects the price. but it should not influence.
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agusiska
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June 08, 2018, 05:01:28 AM |
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maybe yes, because most of the dumper was a bounty hunter, they sell immediately rewards that they have from bounty campaign and never care that act will make real price drop.
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Hillthy
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June 08, 2018, 05:11:23 AM |
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Maybe . And This is one of the reasons the devs team of most ICO projects have come up with a bounty lock after the initial swap or bounty payment later than other investors. Respect the investor in their project. Some bounty participants quickly sold their tokens without recognizing the real value of the effort and not respecting the development of the project.
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batang_bitcoin
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June 08, 2018, 05:16:19 AM |
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maybe yes, because most of the dumper was a bounty hunter, they sell immediately rewards that they have from bounty campaign and never care that act will make real price drop.
AFAIK only few percentage goes to the bounty hunters. If there's a dip after the distribution it can be or it cannot be the fault of the bounty hunters. What you must take a look are those investors who invested big money and has only one thing to do after it gets listed on any exchange and that is they'll sell it quick.
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Mihail.B
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June 08, 2018, 05:26:11 AM |
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Many beginners blame bounty hunters, but it's not. basically all bounty is allocated 1-2%, of which half will keep, and only a small part will merge all at once.
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D3m1r4wanti
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June 08, 2018, 05:31:29 AM |
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I do believe bounty will be no hassle in any way. A lot of the jobs are usually allocating tiny proportion since bounty. as a result in which small group could hardly carry out nay effect for the value movements. In addition to bounty promotions derive from genuine perform. Both marketing and advertising about social media marketing translation, and so forth. Which means venture staff can easily help save bundle on their strategy simply by allocating touch since bounty.
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Sanitough
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June 08, 2018, 06:13:15 AM |
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Many beginners blame bounty hunters, but it's not. basically all bounty is allocated 1-2%, of which half will keep, and only a small part will merge all at once.
It's the whales that making the price dip, they want to brainwash people that bounty hunters are dumping so the price is cheap but actually they make it cheap so they can buy cheap coins when newbie panic. I have been participating in difference bounty, but until now I keep most of my bounty because I believe the price will recover, although it's just a bounty, but's still an asset.
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robelneo
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June 08, 2018, 06:20:23 AM |
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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?
They are one of the cause but not primarily the cause, those who get a lot of bonus from presale and Ico are the one likely dumping the most since they are the one selling on profit there are ico with 50% bonus from their presale and if they sell their presale bonus that's pure profit, they only need to keep their shares for future profit.
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Ade A Aziz
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June 08, 2018, 06:21:14 AM |
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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?
I have no such thoughts. Bounty hunters are not the cause of the decline in the price of coins or tokens, because even if they immediately sell their tokens or coins after getting it, it will not be a big influence. Tokens or coins owned by bounty hunters are few, even only a few percent are allocated to bounty from a project.
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aleksabat
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June 08, 2018, 06:23:15 AM |
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Bounty hunters can never drop the price of a coin if that coin has a strong background. I mean if it's not scam most likely its price won't drop. With a weak coin the situation is opposite.
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markers
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June 08, 2018, 06:31:31 AM |
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I tend to think that bounty hunters are just a part of the above-mentioned problem and frankly it is not the most important concern. High early-investors discounts, concentrated token allocation, initial mispricing and poor investor interest are among the other problems.
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websing
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June 08, 2018, 06:42:57 AM |
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Some say that it represents only up to 5% tokens for a particular project, and that can not explain the deterioration. Have you seen the volume? Sure, there may be some early investors selling their bonuses, but I think most of the sales are as Bounty hunters.
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@baoli
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Base.protocol
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June 08, 2018, 06:48:21 AM |
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This is a very good question. Last year when I buy coins and all of a sudden it drops so low I worry and ask myself what exactly is happening. Bounty hunters putting so much effort and get paid for it. They actually can drop a price so low to get actual money from the work they did for months this can affect price greatly.
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