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Author Topic: Why do lot of people hate bounty dumpers?  (Read 20230 times)
novusordo
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April 26, 2019, 02:07:44 PM
 #741

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

The hate resonates from fear. They believe bounty hunters usually dump below ICO price to get reward for their marketing services but then if project developers put a buy back mechanism in place, there will be nothing to worry about


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April 26, 2019, 02:15:17 PM
 #742

Bounty hunters are actually a lot of positive sides in a project in developing a project, while for dumpers only a few people / people intentionally get more profit. It depends on the project that is being carried out because some of the paid hunters now understand what the project is going to be like in the future.
There are bounty hunters that are usual dumpers becuase bounty hunters had made more knowledge than investors knowing that bounty hunters promoted the project. The consideration of a good project is the good collection during.ICO period. Bounty hunters always ask on this on telegram. And the more bounty hunters found out that the project does not have meet a good collection then literally after the coin putting in an exchange will be dump.

But, bounty hunter had only a little percentage of holdings so I guess the great dumpers are not the bount hunters but the contributor or the investor itself.
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April 26, 2019, 02:20:59 PM
 #743

It is absolutely right that people are not happy with the price dump after an exchange listing, but almost nobody understand that this happens not because of the bounty hunters, but because of the poor team management.
I think the developer has planned well about the allocation of funds for the bounty, so that even though there is oversold from the bounty hunters it will not have a big influence on the market, I think this is not entirely a bounty hunter fault, other investors have an influence on that also
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April 26, 2019, 02:31:00 PM
 #744

I also hate bounty dumpers because those people doesn't care about the project at all. They just want a quick money in exchange for their rewards even how small or cheap. They don't realize that they can earn much more if they will not dump their tokens. Also bounty dumpers affect the outlook of the investors toward the project.
- I think we should not hate them when the market is an opportunity market, people take advantage of opportunities and situations better, they will achieve profits, people who don't understand that problem, they will only get loss or very little profit. You should be in their position and you will understand that if they are too interested in the project, skip the immediate sale of the token, they will not have the opportunity to sell, hate them also can not solve anything, we should learn more from them, they are very wise


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April 26, 2019, 02:59:38 PM
 #745

I think because they much lose their investment including bounty hunters,but in my own opinion this is fair if bounty hunters sell their token because they spend their time to work with their project so for me no one to blame what was going on in the price of token.

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April 26, 2019, 03:02:57 PM
 #746

I think because they much lose their investment including bounty hunters,but in my own opinion this is fair if bounty hunters sell their token because they spend their time to work with their project so for me no one to blame what was going on in the price of token.
The bounty hunter will always be the scapegoat, where after the distribution will definitely trigger a decline, even that doesn't necessarily happen because of the bounty. Unformed market unpreparedness makes purchasing power weak, which results in a decline.

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April 26, 2019, 03:08:50 PM
 #747

I don't think bounty hunters are the reason for price dump of tokens since they don't have enough volume of tokens to create such price manipulations but they were pointed like that and more investors believe that also.

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April 26, 2019, 03:13:19 PM
 #748

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

When new coins list there is usually very little liquidity and not many people buying. This means that it really doesn't take much to drop the price significantly. I think the reason many people have an issue with it is that bounty hunters have zero risk. They haven't put their money on the line by investing and have lost nothing but a small amount of time if the price tanks.

That being said, many ICOs don't get many investors these days anyway so I personally don't have much problem with it. It might actually come round and bite the bounty dumpers in the end if the coin decides to grow exponentially in the future.

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April 26, 2019, 03:38:28 PM
 #749

Well, it’s true holding the tokens does not mean it’ll make you rich. Timing is very important for crypto market and everyone should know when to sell because apparently most of people are here to make some profit.
Bounty hunters are not interested in holding as investors. That's why they sell their tokens as soon as possible without concern about others. So it's no wonder that bounty dumpers are hated by a lot of people.
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April 26, 2019, 04:01:36 PM
 #750

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.
I can understand the team of startup, they are only at the beginning of their way. Any reduction in the price of token for them is financial problem. I think only those projects that which collected softcap and no more, will they are always against lowering prices from bounty hunters.

I agree with you, Holding the tokens also doesn't mean it will make you rich. In addition, we are people, we have weakness for freebies and greed. I advise you to use the opportunity. In fact, holding tokens in some cases is very promising, but it all depends on the project. And projects have no experience with blockchain. There are very few projects that can surprise us today with achievements of their product on blockchain.

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April 26, 2019, 04:40:12 PM
 #751

I think a project with very good workability and partnership will not be moved by bounty hunters who dump the tokens. Because hunters constitute only a tiny amount of the people who hold these tokens. Investors have larger reserves so no need worrying about hunters dumping the price unless the project ends up being a shitty one

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April 26, 2019, 04:41:10 PM
 #752

Before now I use to believe it's bounty hunters that do crash the price of tokens after bounty payment. That's is not true. I have come to see that team members hide under the umbrella of bounty dumpers to dump large quantity of tokens and consequently crash the price.
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April 26, 2019, 05:01:00 PM
 #753

They are probably also bounty hunters or a holders who want to sell their token at their best price, and they can't sell their tokens because the price is dumped. So, they simply blame bounty hunters because obviously bounty hunters want to sell their tokens. But in my opinion, bounty hunters are not the ones to blame, because they have right to sell their token at their price.

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Yalovtsev
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April 26, 2019, 05:06:14 PM
 #754

Yes, believe my experience bounty,I will say that what is thrown off the bounty it does not affect the market at all,even if all at once threw the token would not have fallen,if the admins of The project were interested in that it did not fall,they would themselves for the money these 3-5% would have bought up and the price raised,and they on the contrary lowered the price themselves,in order to then buy it at the bottom


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April 26, 2019, 05:38:48 PM
Last edit: April 26, 2019, 11:08:36 PM by Odetolala
 #755

The hatred isn't justified in anyway whatsoever, many of them think bounty hunters are dumpers, but sadly most bounty hunters are hodlers too, I am one for instance, I do it at my leisure though, but of all the coin so have received, I also yet to sell even close to 30% of them
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April 26, 2019, 05:46:02 PM
 #756

I think the reason many people have a problem with that is that bounty hunters have no risk. They have not risked their money by investing and have not lost anything except a small amount of time if the price drops. When new coins register there is usually very little liquidity and not many people buy. This means there really isn't much need to drop prices significantly.
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April 26, 2019, 05:46:24 PM
 #757

It is absolutely right that people are not happy with the price dump after an exchange listing, but almost nobody understand that this happens not because of the bounty hunters, but because of the poor team management.
Everything should be blamed from the management, they should have backup plans before listing the project inside the exchange, anticipating both hunters and early investors dumped actions should be well prepared of, so they can lift the price not being totally dumped if they have additional plans to support.
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April 26, 2019, 05:49:12 PM
 #758

These people do not understand that the hunters have nothing to eat. And they do not want to invest in the project for 10 years. What is a big problem for many. I think that the bounty should be distributed before the night of the project. That during the project all hunters could sell their coins.
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April 26, 2019, 05:59:23 PM
 #759

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

New coins that just landed in the market, get a dump, bounty hunters do not want to wait, but the real impact comes from private investors who have the lion's shares in the supply of the coin, bounty hunters even if all of them dump the coin, will not have a big impact on the price, just like what you post, they only have a small portion.

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April 26, 2019, 06:25:10 PM
 #760

I think the reason many people have a problem with that is that bounty hunters have no risk. They have not risked their money by investing and have not lost anything except a small amount of time if the price drops. When new coins register there is usually very little liquidity and not many people buy. This means there really isn't much need to drop prices significantly.
if users of cryptocurrency feel that this project will not have real prospects in the future, then everyone tries to get rid of such coins.  Of course, if you take into account the current state of the cryptocurrency market, then very few people want to spend their ethereum or Bitcoin on the purchase of dubious tokens.
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