Why do lot of people hate bounty dumpers?

[udidrone]

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.

because bad effects for that is more than good effects. Well, at least with hold your token can help developer to keep value of that token itself because not all developer will left their project after listed in market

[pretfeestje]

The reason why a lot of people including me hate bounty dumpers is because I think that they are a little selfish, and only care about what is in for them and not worry about others. When they dump their tokens after they have gotten them, they might be causing investors to lose funds, because their dump usually leads to a decrease in the price of the token.

[coinbirds]

When the ICO price fail they have to blame somebody for that and hunters are easy to blame.
They will never say "we gave 80% bonus on private sale and now they are dumping and taking the profit" or "our product is worthless and the price dropped"

[bitcoinpeople1]

The reason why a lot of people despise most bounty dumpers is because as a result of their dump, most of these coins have to struggle with their prices, and even witness a reduction in the price. This in turn can lead to a failure in the ICO, or a temporary setback for it. I think that a lot of these bounty hunters should hodl their tokens when they get, t least for a while, give it time to grow.

[raimslii]

I also agree that the bounty hunter should not be hated since they are not completely faulted in the price of an altcoin. The price of an altcoin on the floor is usually due to the need to swap, assuming a new altcoin is a very low liquidity. Many investors intentionally reduce its value so that it can buy it at a cheaper price. The bounty hunter selling the altcoins received was not wrong because they also invested time helping to develop the community and attract investors to the project. I also agree that not all projects are successful and bounty hunters can not go with the project forever as strategic investors are.

[irsada]

because of fear and always selling below the ICO price, it makes investors nervous, it is true that they have the right to sell at a cheap price, but it is better to be a bounty hunter who is smart in making decisions and never sells alt coin below the ICO price.

[Maximo1]

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.

Yeah i agree there is no rule that you can't sell your tokens at a particular time and that is what i like about crypto, nobody dictates us on what to do with our portfolio or tokens and it is up to us. Just trust your instinct and follow it because after all it is your token and not theirs.

[natsu01]

The people who hates bounty dumpers and airdrops dumpers are simply the investors because they are the most affected once the price ad been dumped by the bounty participants.  Like them I also hate bounty dumpers but we can't blame them because they are the one who work for the rewards that they have earned by joining bounties, I think they doing it because they really need money.

[zxl912157]

I don't think it's from a bounty hunter, because bounty hunters are only allocated 1% of tokens.
We can see on the Exchange, if the dump price when listing exceeds 1%, it can be said by the investor who did it, for example the dump price is up to 25%.

[Twinscoin2017]

I don't think it's from a bounty hunter, because bounty hunters are only allocated 1% of tokens.
We can see on the Exchange, if the dump price when listing exceeds 1%, it can be said by the investor who did it, for example the dump price is up to 25%.

Yes i strongly agree on that, there are so many factors that affect the price of the token and I think it is not the bounty hunters or maybe dumpers sell or dump their token and make the price drop. I believe that the bounty hunters also want to earn big by holding their token, maybe Not all of them but some other hunters really hold for good.

[sevenonetwo]

Yes, indeed there are many people who hate coin dumpers, even I really hate it. These coin dumpers sell their coins before the sale period is finished at a low price far below the ICO price. Of course this makes damage to the investment system. The prices that have been pegged by the ICO are meaningless. this is what makes the market always fall all this year and even a large portion of the coin becomes worthless. As a crypto currency player who appreciates each other, I only suggest to the coin holders the results of the bounty campaign do not throw large coins at the same time. It only adds to the chaos in the market so that the normal market situation is further away.

[Maheshkumar_Hrangkhawl]

Everyone needs an excuse and the dumpers become an easy scapegoat. Imagine this. Users work hard for 2-3 months on a bounty campaign. They wait for another 2-3 months before getting the tokens. So after a total of 5-6 months, they are getting their reward and many of them want to cash it out. At this point how can you blame them? The campaigns have a choice of paying them in BTC/ETH, but none of them want to do that.

[mbahsastro]

of course such, who liked the presence of dumpers? everyone definitely wants the bounty are legit. And certainly it would be very nice if getting such bounty.

[Q2kc]

Your statement is 100% correct bro, not the bounty hunters fault because some of these bounty campaigns only allocate 1%-2% of the coins total supply and that is just a small fraction of the coin, the problem of ICO's now are the ICO itself because these ICO are scams and that is the reality.

[Olayinka225]

when i get my token i dump it immediately am a bounty hunter what is the importance of token i got from project if not to sell instantly, let them hate bounty dumper we are making our money

That's not a good idea friend
You dumping your token immediately has definitely or will definitely kill the price if not even kill the project. Let's say you and so many people that got the token all dump, what do you think will remain of the token price. Surely it would have drop even far below the listing prize.

[gurunanakji777]

Some bounty hunters sold their coins according to their needs so one should not blame bounty hunters but there are some impatient bounty hunters they are lack of experience so they sell their coins the moment coin get listed on the exchange but If a coin has good potential then 4-5% allocated coins to bounty hunters can not affect the price of coin. Sometime dropped coins value give another chance to buyer to buy at cheap rate. Yes I agree holding is always not profitable one should sell their coins once he get good price.

[four199]

The problem you are wondering is the general state of the investor when the Token is listed or distributed. Investors will massively sell all of their cryptos to make profits, fearing exchange rates will fall sharply after listing on the exchange. I recommend holding the Token for about 3 months to make a big profit.

[jakiro.hovard]

This is a long story because so many people for some reason believe that it is the bounty hunters who are responsible for what is happening now in the market, I'm talking about dumping prices for new projects, but that's not true. There are only 2% tokens, are you serious?

[maunbot]

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 I get a token I sell it immediately, because I am a prize hunter, so what is the use of the token that I get from the project if it doesn't sell directly, I don't care about those who hate bounty dumpers.

[weertgilders]

Bounty dumpers are people who want quick money, they don't have the patience to wait till the price is right to sell. If lot of bounty dumpers sell at low costs the price of the coin should definitely falls, that's why lot of people hate bounty dumpers.