Pecunia non olet
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Activity: 882
Merit: 102
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April 30, 2019, 05:16:34 AM |
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Lets calculate bounty hunters will receive about 1-2% of all circulating tokens. How they can cause such damage to a project with only 1% of tokens? The problem is in passivity of post-ico projects.
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CandyIzDelicious
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April 30, 2019, 05:33:59 AM |
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I think bounty hunters cannot be blamed in this case, because they work to get paid, if they already get tokens then they will sell it, and I think the tokens that are distributed to bounty hunters are only 2-5%, so even though they sell it all it doesn't will shake the market.
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Btc_1856
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April 30, 2019, 05:37:56 AM |
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Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.
Yes, you are right i don't know they keep on saying about the bounty hunters because they are allocating 1 or 2% of total supply but if you compare with the investor's bounty people are holding the coins compared to investors. Even i am holding the coins for more than 1 year some time until the real developments will start.
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Questat
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April 30, 2019, 05:40:16 AM |
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Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.
Investors would definitely not sell their tokens if it's below ICO price, but bounty hunters can because they don't invest anything to own a token. They are somewhat the reason but the blame should not be on them, it should be on the team as they are the one managing the project, if they list it on liquid exchange, it would not dump.
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TopT3ns
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April 30, 2019, 07:17:28 AM |
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Both of the bounty hunters and the investors can responsible for token price dumping because many nembers of the two groups want quick profit. I'm one of the bounty hunters but I've been holding my tokens even it is already listed in the exchanges because I believe that these tokens has the potentials. Some of these dumpers may regret their decision to sell their tokens when the price go up several weeks later.
Investors would definitely not sell their tokens if it's below ICO price, but bounty hunters can because they don't invest anything to own a token. They are somewhat the reason but the blame should not be on them, it should be on the team as they are the one managing the project, if they list it on liquid exchange, it would not dump. There are 2 kind of investors, who hold until higher than ICO price and there are some people who get cheaper price when join presale of an ICO. I think that second type usually short term investor that will sell their assets immediately and change to other project.
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Cnut237
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Activity: 1904
Merit: 1277
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April 30, 2019, 07:33:11 AM |
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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.
One thing to consider is volumes. Often they are very thin with newly listed coins coming out of an ICO. If a coin raises $10 million at $1 a coin, and then starts trading and drops to $0.1 per coin, then this isn't necessarily dumping - if volumes are only $10,000 per day, then what it means is most people are holding, and a tiny minority are dropping the price, and it also means that even though you can pick up the coins for cheap, you can't pick up many without exhausting the order book.
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xenomorphe1
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April 30, 2019, 09:21:47 AM |
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Token dumping can be caused by anybody. It means that there is not enough demand to sustain the sellers. Dumpers could be the creators of the coin, the exchanges, the investors, bounty hunters or all of them. You can't blame bounty hunters as they are surely not the only sellers. And some don't sell their coins. Bounty hunters also have a very limited number of tokens. An average of 4-5% of the tokens. The project can only blame themselves about not having enough buyers.
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ropyu1978
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April 30, 2019, 10:12:27 AM |
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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.
I think this depends on the case, there are indications that bounty hunters can destroy the price of tokens when they are just exchanged, but the most important role is the team and developers how they can get around and have a strategy so that tokens are not destroyed when they are exchanged.
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badykvik
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April 30, 2019, 10:20:34 AM |
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Crypto is a free market and there is no law compelling anybody to hold or sell their token. However the following set of holders should be blame, the exchange websites because they also dump to bring in some cash. 2, the project developer of course you already understand that. 3, those that purchase token during presale with high discount. 4, bounty hunter these people have the lowest blame because they all share between 1-5% of the token supply.
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anggle
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"AMANPURI●ultimate exchange"
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April 30, 2019, 10:33:45 AM |
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Maybe they shouldn't blame the bounty hunter. We can see that the token allocation for bounty hunters is very small. And you can also check the allocation of the biggest tokens for what part. We cannot avoid price reductions and you must be patient because I am sure if the price will rise again.
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geegaw
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April 30, 2019, 10:42:07 AM |
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Lets calculate bounty hunters will receive about 1-2% of all circulating tokens. How they can cause such damage to a project with only 1% of tokens? The problem is in passivity of post-ico projects.
Indeed, with a very small number of tokens when the project began to distribute to bounty hunters, it was not enough to create major damage to projects, agree that bounty hunters always sell token immediately when it is listed but when compared to the total quantity provided by the project, it is only a small number. Therefore, the reason for dumping token can only be caused by the project and the investors in that project, unprofessional planning and management, combined with greed of investor, that creates dump, don't constantly blame bounty hunters on this issue, take an objective view
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rijaljun
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April 30, 2019, 11:26:28 AM |
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Lets calculate bounty hunters will receive about 1-2% of all circulating tokens. How they can cause such damage to a project with only 1% of tokens? The problem is in passivity of post-ico projects.
Indeed, with a very small number of tokens when the project began to distribute to bounty hunters, it was not enough to create major damage to projects, agree that bounty hunters always sell token immediately when it is listed but when compared to the total quantity provided by the project, it is only a small number. Therefore, the reason for dumping token can only be caused by the project and the investors in that project, unprofessional planning and management, combined with greed of investor, that creates dump, don't constantly blame bounty hunters on this issue, take an objective view a small amount of total circulating supply, but if the volume is quiet little than the damage caused will be bigger. Actually, it's not right to put only bounty hunters on a blame because project's team and investors are also involved in it. Why don't we blame other people for not buying this token on the market and make the price raised up?
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laredo7mm
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April 30, 2019, 03:58:04 PM |
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in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened
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ssuchy
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April 30, 2019, 05:05:54 PM |
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in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened
Recently, I have only observed such a tendency, when the bounty hunter pays their rewards a few weeks after the wall or something like these rules. Based on this, it is generally impossible to accuse the participants of the Bounty companies in the dump.
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kapalmabur
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April 30, 2019, 06:04:28 PM |
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in my opinion this is indeed a matter that has become a debate about bounty hunters because until now it is still a conflict because they become a loss to the dump that happened
Recently, I have only observed such a tendency, when the bounty hunter pays their rewards a few weeks after the wall or something like these rules. Based on this, it is generally impossible to accuse the participants of the Bounty companies in the dump. Yes, and I think all parties also understand that, but the problem is why this kind of topic is always discussed over and over again, even though it should not need to blame each other.
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Adriano2010
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April 30, 2019, 08:34:22 PM |
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Maybe some of bounty hunters sell their coins, but also there are some who hold the coins for long, but i also think if the % of bounties is small this should not affect the price for long time even if they sell their coins.
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Ultimist
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April 30, 2019, 09:42:27 PM |
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It all depends on the bounty hunters themselves. Many of them are certainly not interested in the development of the project and sell tokens at the first opportunity. But there are those who do more in-depth research.
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Ailmand
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April 30, 2019, 10:24:56 PM |
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Bounty hunters are alwasy blame for selling their tokens so quickly without waiting for the project develpment as outline in the roadmap. If you would look closely, most bounty pool ranges from almost less than 1% to 5% of the total supply of the project which means it's just a little portion of the total supply. Unlike pre-sale investors where they get a huge amount of bonus or discount, which most whales or big investors buy. So, I think people should stop blaming bounty hunters for this and lock-up pre-sale investors or huge token holders token if they want to avoid token dump.
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bitcoin31
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April 30, 2019, 10:31:11 PM |
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Most of the percentage are selling their tokens once the token listed to the market and that is really true. Im not saying all but yah they have bounty hunters are hding their tokens for longterm but only few so it means the number 1 cause of falling token price is the bounty hunters and we know all that because we know how bounty hunters do.
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arwani1985
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April 30, 2019, 10:57:08 PM |
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at this time they were one of the people who were blamed when a price dump occurred after the bounty distribution. but the team should have anticipated when things like this would happen to be able to increase traders like contests
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