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Author Topic: Bounty Hunters the cause of token dumping ?  (Read 18963 times)
ThomasV80
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July 02, 2018, 11:38:08 PM
 #121

some dump occurrences happen sometimes before bounty hunter gets token. and if we think, the allocation for bounty hunter is very low, almost all ICO allocates to bounty below 5%. I think it's not fair if bounty hunter is accused of being a price-dump maker.

agree, I think it is very unlikely that bounty hunter is a price-dump maker, it is very difficult to make a dump price with an allocation below 5%. and more unreasonable, because the dump occurs when the distribution for bounty hunter has not been done.
Sanitough
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July 02, 2018, 11:56:20 PM
 #122

We can't bring it out such allegation towards bounty hunters cause that is usually their doings. Once received their rewards, they have to sell it immediately even in low price to have money instantly. But we should not blame them all because some bounty hunters have learned it already. We can't take consideration also with the dev's of a certain coins for their huge participation to help it out from dumping.
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July 03, 2018, 12:32:04 AM
 #123

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap.  I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.
You maybe right that bounty hunters is the cause why tokens price usually drops after it hit the exchange but ICOs should make some move also how to prevent this from happening. One way i see is to pay their bounty campaign participants with ETH and not with their ICO's token.

Davil
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July 03, 2018, 02:04:39 AM
 #124

In many cases, I think so.

I would encourage new projects to offer payments in ETH (aren't they generally collecting ETH for the project?) instead of tokens, so the value of these won't fall so much just after the listing or after paying the bounty hunters.

Anyway, it's not always the case, as in many projects the price has risen even just after the payments. So each case is different.
marcbitcoins
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July 03, 2018, 02:24:55 AM
 #125

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap.  I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

Yes, it is unfair that it would only the bounty hunters to be blame of the price falls of the new token because i have observed many times that even the bounty reward was delayed but still the token price is already declining meaning some of the investors are already selling too because of their token was bought cheap and they have bonuses during the sale so its already a profit for those who will sell earlier after the token was unlock in the exchanges.
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July 03, 2018, 02:54:09 AM
 #126

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap.  I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

Yes, it is unfair that it would only the bounty hunters to be blame of the price falls of the new token because i have observed many times that even the bounty reward was delayed but still the token price is already declining meaning some of the investors are already selling too because of their token was bought cheap and they have bonuses during the sale so its already a profit for those who will sell earlier after the token was unlock in the exchanges.
if we think the average allocation for bounty is 2% -4%, I think it's very unfair that bounty hunter cause dump, because with that small amount. therefore I think the role of bounty hunter during dump action is not significant
Moreen_ico
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July 03, 2018, 03:01:20 AM
 #127

Most bounty hunter sell their token immediately,they always talk about exchange because they want to either convert the token to fiat or btc.
On my opinion, bounty hunters do not really care about the success of the project since they do not invest money but they invest time which is equivalent to money.
Marahunter
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July 03, 2018, 04:52:01 AM
 #128

Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap.  I don't think bounty hunters are to blame because a lot of bounty hunters hold their coins for years.

This is why you should be patient and pick up cheap coins after ICOs. Even if bounty hunters cannot cause the entire value to plummet, i guess it is an example of the broken window theory, where one action perpetuates a number of other actions
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July 03, 2018, 05:07:58 AM
 #129

To be honest, I believe that it is a subjective term and it differs from holder to holder. I remember, when I first received my bounty tokens, I sold it almost after 1.5 years and I have almost earned more than 500% reward for it. On the other hand, there were some people who sold their bounty coins immediately when they received it in their wallet. Considering my risk profile I believe that it is the risk worth taking and holding tokens as long as I can.

In contrast, I have also encountered myself included some experiences when holding bounty tokens being paid for after a bounty. I held it in 6 months and sold it after the value of the token went down to half of the original price when I first got the said tokens. If I did not sell these tokens then the price now would be 1/10 of the original price and I would have gotten a very low amount. Many tokens do not guarantee good returns after a year or two basing on the experiences and the observations I have made on those ICO's.


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xvids
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July 03, 2018, 07:16:01 AM
 #130

The bounty hunters couldn't really be the reason for a huge drop of price ,
For me the bounty hunters aren't the ones who are dropping the price because if you would look closely the allocated token are only 2 percent of the whole project and it couldn't really affect too much in the price.

pageraji
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July 03, 2018, 07:29:08 AM
 #131

its can be prevented when distribution of bounty payment is not same month with coin in exchanger, so its upon developer to manage about dump or pump, not to blame bounty hunter
jackjackfly
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July 03, 2018, 07:33:36 AM
 #132

You can't blame people who is trying to find new way of income. especially in countries where there are really low sallaries. This problem can be solved if ICO owner aways make a frozen period when noone ccan sell tokens, that is it

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July 03, 2018, 07:39:49 AM
 #133

They are often guilty of selling tokens below the ICO price. It doesn't make any sense to me personally as it is inconsiderate of them. Many ICOs  are beginning to realise this and are placing restrictions on bountyhunters selling in the first few weeks of launch after tokens must have been listed
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July 03, 2018, 07:41:58 AM
 #134

honestly less plausible as well if the blame. Bounty received only a few percents of total sales. so I think this does not affect a lot for the price. and indeed many also prefer to hold back and certainly not the cause completely bounty price into fall.

cramcram21
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July 03, 2018, 07:49:58 AM
 #135

Actually I think they are part of it but mostly it is the investors who are dumping the price,
Just think about it what if the investors only invest in it to get a profit because of the huge bonus that they give and once it hits it's ICO price they would sell it to get their money back.
So basically investors are also part of the price dump in the tokens not just the bounty hunters because some of bounty hunters are also holding their token.

ilovecoin1112
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July 03, 2018, 07:52:16 AM
 #136

ICO investors maybe will wait for the programs.

Bounty Hunters are just that, hunter. They hunt bounty for a living and of course will sell all or most of their coins for daily expenses
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July 04, 2018, 11:46:48 AM
 #137

You can't blame people who is trying to find new way of income. especially in countries where there are really low sallaries. This problem can be solved if ICO owner aways make a frozen period when noone ccan sell tokens, that is it
The problem is not in them! The problem is that many projects go to ICO without having a finished product and most investors are not ready to wait until the project is fully launched here and sell while there is a profit.
TokenForUs
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July 04, 2018, 12:15:22 PM
 #138

not every bounty hunters sell their tokens right after distribution, but i will not argue that most of them will sell directly after bounty distribution by bounty manager. i think bounty managers or developers know that matters properly and provide the way out to solve dumping problem. it is normal most of ICO will face this matter and usually bounty hunters will sell their coins below ICO price.

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July 04, 2018, 12:26:58 PM
 #139

i think so
raven7886
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July 04, 2018, 06:41:10 PM
 #140

its can be prevented when distribution of bounty payment is not same month with coin in exchanger, so its upon developer to manage about dump or pump, not to blame bounty hunter
Most developers usually do not care and they just let things roll anyway and would rather blame it on the bounty hunters and the market movement.

As far as I am concerned, bounty hunters have very little part to play when it comes to token or coin dump once it is listed on an exchange. These are just some big investors who got at a whooping low amount at the early stage of ICO price dumping their coins pretty fast so as to make some quick profit from it, shake out the weak hands and buy lower later on.

Bounty hunters are usually most of the weak hands anyway which is why I always pity those who sell their coins or tokens below ICO price.
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