Panteleymon
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Activity: 262
Merit: 10
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October 05, 2018, 10:45:25 AM |
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It is surprising that players and speculators are trying to find benefits in the actions of impatient or inexperienced participants. This is not something special in the field of cryptocurrency. This is the usual state of any sphere where earnings go on the difference in rates, purchases and sales. No wonder.
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craked5
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October 05, 2018, 10:50:13 AM |
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Not all. I can give you at least one example. DCC project. After they paid rewards for bounty the price only grows. So I think it depends on the quality of the project.
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Cactushrt
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October 05, 2018, 10:56:41 AM |
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As a bounty hunter, I never sell my tokens immediately upon receipt. So, it’s not worth blaming the hunters, many keep their coins even more than investors.
I think you're wrong mostly bounty hunters dump their coins i notice that on every campaign unless the coin will be listed on bigger exchange
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ZhyravlikO
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Activity: 336
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October 05, 2018, 11:02:40 AM |
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Because they want to get their money as quickly as possible. And they do not care if it is not $ 100, but only 5, but it is real money. There is no strategy to make money faster. No one considers their work.
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lyfecoin
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Activity: 198
Merit: 1
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October 05, 2018, 11:29:31 AM |
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Do all bounty hunters dump Cryptos after they get paid?
I believe this is not a fair assessment as a lot has to do with the crypto project itself.
Its a matter of perspective really, not all bounty hunters have the same experience or motive, some people just need an opportunity to get crypto for projects that are very difficult to get in the token sales, Example is Ncash tokens of Nucleus.Vision the project has a 1 million USD budget and it is still above ICO price even in the bear market.
Additionally some projects treat bought hunters badly which will not encourage them to stick around for much longer after they get their tokens.
I believe tokens or coins getting dumped by bounty hunters depends a lot on the project itself.
Most bounty hunters are there to make money and not for the genuine love of the coin.They want to sell,make money , get out of the coin quickly and concentrate on other coin.Some bounty hunters who held coins for some time got burned as price of most alts go down as low as 90% with in weeks
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Jalum
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October 05, 2018, 11:43:34 AM |
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As a bounty hunter, I never sell my tokens immediately upon receipt. So, it’s not worth blaming the hunters, many keep their coins even more than investors.
I think you're wrong mostly bounty hunters dump their coins i notice that on every campaign unless the coin will be listed on bigger exchange Not every bounty hunter sells their tokens. The market gets dumped before bounty hunters get their coins.
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| | . • Telegram • ANN Thread • Bounty Thread • Whitepaper |
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bolbau
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October 05, 2018, 12:12:58 PM |
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the statement that the Bounty Hunter caused a price dump of every ICO project when they just entered the Crypto market was right! the difference is how much they can reduce the effect, if you say a good project makes bounty hunters do not damage the price is wrong, they still lower the price but in a small level and the significance is not too visible. I said here as one of the most active bounty hunters until now. but I'm not saying that all bounty hunters damage prices, but for now the majority of them are motivated to sell tokens as quickly as possible.
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BitcoinTurk
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October 05, 2018, 12:29:04 PM |
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Yes, it is possible to say that these people constantly lower the price. Generally, these people are performing these transactions with the target of instant revenue instead of making long-term hodl prefers to sell immediately. Of course, this process is not one person, thousands of people are doing and indirectly increase the orders of sales are constantly increasing. Price declines due to the continuously entered purchase orders, and many of these projects are currently trading below the ICO price. Because of this bad use, many projects are now dissipating bounty tokens and a little bit of sudden price decreases are avoided.
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smoolae
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October 05, 2018, 12:32:16 PM |
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Dumping happens often times 'cause of people who want to maximize their easy-earned profit from the bounty. Cannot really blame them doing so, they have gotten their tokens/coins fair and square.
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spopovss
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https://paynote.eu
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October 05, 2018, 12:33:08 PM |
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I already had a mistake in 2017, I haven’t sold tokens from bounty campaigns all year, and now most of the tokens have turned into garbage, and if the market starts to grow, this garbage will remain useless.
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zhanyiguai261315
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October 05, 2018, 12:34:54 PM |
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The main purpose of bounty hunters is to make money, they will choose to sell their bounty at a suitable price! The HODL of the token has no real meaning, because the ico investor will also sell his token through the exchange after getting the token!
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bartusv
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October 05, 2018, 11:41:13 PM |
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Yes, you are right. It depends on the project itself. Many bounty hunters are investors as well and if they see the potential in it they will not dump it for sure. Some of them does, but it cannot influence the price significantly long term.
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BrentMack
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October 08, 2018, 09:10:40 PM |
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Yeah they do. We see that there is a usual downtrend in the prices of coins or tokens when they get distributed to bounty hunters. Majority of them are fond of dumping these coin immediately after they receive them, and that sucks. I think that they might have to chill on this though, as this greatly influence the performance of the coin in the market.
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Kay94
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October 08, 2018, 09:15:31 PM |
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For that one it is true and I can testify to that since I am also a both a bounty and an investor. The most people who dump coins on the market are bounty hunters and they think that since they didn't pay anything for the token whatever they get from the market is enough for them which makes them sell at a lower price thereby dumping the coin.
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Obolo
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October 08, 2018, 09:21:50 PM |
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I wouldn't accept the fact that only bounty hunters have been dumping altcoins once they are listed. Sometimes, some ico's distribute investors token whiles token is already listed. You see a drop in token value even though bounty hunters have not been paid yet. Do you attribute the dump in token value to bounty hunters? No, thou most at times bounty hunters dump tokens, it is not all the time. Sometimes, investors are also to be blamed.
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Ayomiqueen
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October 08, 2018, 09:23:26 PM |
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I can't even see how hunter dumping really affect the price cause if a token of 100mln sold 60mln for Investors and hunter only got 2mln as 2% allocation for bounty can that really tell on market price or the 60mln , most project it self has finish their project before getting to exchange by selling to investors on 50% or more bonus and you expect such person to hold when it hit exchange , he will definitely sold off and he can even have more than what the whole bounty Hunter has.
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moschinot
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October 08, 2018, 09:37:57 PM |
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I always sold half of my coins right away and am not going to change anything in my strategy. To me, it seems so that we can be sure that we will get at least some money for our work.
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KofiAdepa
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October 08, 2018, 09:52:41 PM |
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Absolutely some projects really provide room for hunters to dump coin immediately they are been paid. Some answers to some questions and also poor communication skills between hunters and managers arouses some panic in the atmosphere which gives the hunter no other option to just dump to get something for his labor.
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Nasonn
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October 08, 2018, 09:55:30 PM |
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I think whether they dump or not shouldn't be a problem to anyone since it's their decision to make and the coins are theirs.
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veter2601
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October 08, 2018, 10:06:41 PM |
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I have been involved in many companies bounty. Receiving his award in the amount of cryptocoins I'm trying to assess their future potential . Looking for information about the team , does the project have a finished product and its real application. If so , I'll leave these coins for long-term investment , and if not , then try to immediately sell at the current price.
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