Bounty Hunters the cause of token dumping ?

[tweetbit]

Confusing on your own words. It is now a blaming game and pointing hand from those insecure individuals who have no skills and capacity to be part of the bounty community. We can’t blame them as we earned a living that is easily be done. I do have collection of bounty coins and dumping is not my favorite thing to do. I wait and hold for a better future.

[Donotam]

bounty hunters only hold small amount. i dont think if they cause drop of price
if the project is good, it can recovery easily

[jlpabilonia]

maybe some of the bounty hunters are dumping tokens.. but not all bounty hunters are like that.. and also it is not the cause of dump token.. i think the cause of dumping token is because of the ICO.

[D3m1r4wanti]

Why? I'm not sure that bounty hunter causes dumping coins.
they hold only a small percentage of the tokens allocated. I'm not sure that the coin can cause the token price in the market to be a dump

[naidray]

Bounty hunters always want to sell fast as I can see the messages about exchange listings and so on. I think it really ruins the value of token and the price goes up then very hard.

Yeah, some bounty hunters do have a lot of part to play when it comes to tokens being dumped, but if we want to be realistic, bounty hunters actually do have a very little percentage of the total tokens being distributed.

Most of those who dump their tokens are investors who bought in very early and got a huge bonus from their investment and decided to take the quick dump, and most of the bounty hunters who even does not have the idea of the ICO price tend to dump at dips anyway while some of the investors or new investors buy back below the ICO price eventually.

[Btcmistress]

I think they are a reason for it

[Bowtiesarecool]

Yes and No.
Bounty hunters can lead to initial dips as they try to cash out and undersell the market. However, this initial dip always turn into a catalyst for market players - whale - to dump bonuses (which they tend to have a lot of), Why would they do that you ask? Simple, there are a lot of green hands in the market and once the market starts to dip, they panic and cash out, selling back to the whales at cheaper prices.

[Billy550]

Most likely

[Billy550]

They just want to make cash after all

[cryptobluemoon]

in order to reduce the dump of tokens  and place a healthy market for tokens right from the first day of launch then it is suggestable to pay bounty hunters in Eth then they can reduce the dumping issue at large

[Aion2n]

Yes, many bounty hunters quickly sell their coins. But think about it. On the bounty campaign, on average, 1-2% of all tokens sold are allocated. While the funds, the team, pre-sale and sale receive all the other coins. So think, who primarily affects the fact that the price goes down?
And one more thing was correctly noticed by the author. Many bounty hunters participate only in those projects that they themselves consider excellent. And they hold these coins.

[wuvdoll]

I wouldn't blame bounty hunters dumping their coins and tokens for the big price dips. I blame most of it on price manipulation by the big whale investors.

What a lot of people are not understanding is that, if the market price ends up getting below ICO price, why is it that the investors still partake in ICOs and not at the end of the day wait for the token or coin to hit the market before investing since it would be dumped. They are simply just the ones dumping at market price, and since they got in cheaper during the first stage of the ICO which they even got huge bonuses depending on how much they bought, the bonus some of the whales got alone will give them their whole capital back with huge profit, when they dump.

[akitha]

No, i think its not the bounty hunter, I, myself is a bounty hunter most of my rewards are still on hold.. And also some of the bounty rewards are delayed and the price of that particular token was dumped before hunters got their rewards

[Dragonrage201]

Bounty hunters are small fish to make any noticeable difference in token prices. It is the big whales who move the markets.

[sdgs4667]

Of course, free money can't keep it

[Bowtiesarecool]

in order to reduce the dump of tokens  and place a healthy market for tokens right from the first day of launch then it is suggestable to pay bounty hunters in Eth then they can reduce the dumping issue at large

Yes. Paying in ETH or other major cryptos is definitely an idea worth exploring.
DAOStack paid their bounty hunters in ETH - imagine my surprised, after shorting out ahead of bounty distribution to reenter at a low price when hunters dump, to discover that they were paying in ETH! Mad scramble back to retake my position and more.

[passwordnow]

No need to blame, the crypto market is volatile and if there's a dump it will be followed by the crowd quickly.

[viewpaker]

I think bounty hunters is not one to blame of a dumping of token since a small percentage only goes for bounty hunters. The one to blame for sure is the top 1 to 5 who invested during ICO phase since they hold the majority of the token they are the ones now who will manipulate the market.

[iram3130]

More than bounty hunters, the one who have invested when the bonus was high, sell the tokens once it hits exchanges as the price will be way high at the time of listing. Which spikes the panic of sell and bounty hunter follow them.

[Vladique]

I noticed that when we are given coins, then after the distribution the price necessarily falls dramatically, especially if the coin is not very popular and has low capital, many coins simply fall to the bottom