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Author Topic: Why do lot of people hate bounty dumpers?  (Read 20234 times)
jajorforce
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September 30, 2018, 06:14:28 PM
 #301

It is really obvious that lot of people hate bounty dumpers because they immediately sell their tokens once they received it and been listed on the crypto exchange/s, in this situation they controlling the price to be decreased in each period of time until the tokens are being dumped in it's lowest peak, mostly investors will be affected by this. But there are still some bounty hunters who hold their rewards once they got it.
Sure, not all bounty hunters are dumping. Many bounty hunters still hold tokens and wait. The market went down, causing the new tokens to fall and that was the overall situation. As of the year 2017 there are also many dumped but prices keep going up because the market is uptrend
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InflamesAndrei
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September 30, 2018, 06:18:40 PM
 #302

I am sure that bounters cant dump any price of serious or normal project, it is lie of week projects and thats all
I also doubt that 1-2% of the collection of funds can greatly affect the exchange rate. But then again, in addition to bounty hunters, there are investors who will sell everything at the first opportunity, for the sake of 10% profit.
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September 30, 2018, 08:10:59 PM
 #303

Generally ico investors hate bounty dumpers. Beucase they dont know about bounty issue. Bounty is also really hard job. Yes maybe we are not investing money in icos but we are working really hard for that. We are trying to choose best project and after we are doing very good advertisement for project etc etc. They hate because they think bounty is a easy job. But that is not true surely.

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edmundo
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September 30, 2018, 08:20:53 PM
 #304

Truthfully, I think only ICO investors have a sincere hatred for bounty hunters. This is because they have seen the effect of bounty hunters on sustainable price growth of a project. Most bounty hunters are only involved with a project for the short term gains of the project disregarding the importance or future goals of such a project and most times, their actions lead to a massive dump in the token price most times below the ICO price. No one will want to invest in a project and watch their investments go to ruin.
powerman24
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September 30, 2018, 08:42:05 PM
 #305

The easiest is to blame the bounty hunters when the coin crashes on exchanges. Beside some of the hunters, the early investors who got
big bonuses can also dump their tokens. For us it seems dump, for them it is pure profit making.

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CryptoToxicAvenger
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September 30, 2018, 09:58:09 PM
 #306

I don't think bounty hunters can make a big difference in the price drop. After all, among them there are those who hold their coins. So not all of them drop coins. Everyone decides when to sell. If the project is good, the price of coins will gradually increase, and a small drop will not harm the project.
Kay94
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September 30, 2018, 10:01:31 PM
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 #307

People who participate in bounties since they didn't buy the token with their money but their time sell it at a low price which brings which renders the coin useless. I think because they sell it at lower prices that's why people hate them that much. 

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temilade200
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September 30, 2018, 11:35:03 PM
 #308

They do not yet understand that bounty hunters cannot dump their tokens, because the percentage most ICOs allocate for bounty are not enough to cause any dump. Instead, investors are the ones that cause dump.
fitzzz
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September 30, 2018, 11:53:17 PM
 #309

People are complaining bounty hunters dumping their token because of they have get free token that they have worked for several months. Actually its not free bounty hunters also invested time, effort, knowledge, electricity, and internet. And they also need to cover up some of their expenses. And  Bounty hunters are also investing on project that have a future.
CryptoSifus
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September 30, 2018, 11:57:11 PM
 #310

It's not so much that people hat the bounty dumpers as they hate how the dumpers drive the price into the ground.
Personally I don't see a fix for this. People only have value for the things they buy, so free coins sold at 1 sat is an infinite return for the dumper.
If they bought at 100 sat and dumped at 1 sat then they really are idiots. if they got for 0 sat and dump for 1 they made a profit and sometimes that means more to AD/Bounty recipients than holding out for a better price.
Also once the price action starts to trend down, the fomo on the rest of the dumpers is strong so it becomes a race to the bottom.

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btcrut2017
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October 01, 2018, 12:13:32 AM
 #311

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.

Biunty bumpers make thr coins to go down to it's value because the coins are dumped in the market meaning the supply is high but the demand is low.
Pamahaw
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October 01, 2018, 12:23:21 AM
 #312

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.
Holding will make the coins/tokens value pump up because the supply will be affected, meaning the supply is low because you are holding it thus making the value of that coins go high so bounty hunters should also learn this lesson that selling coins right away is not good for the project.
MoonLouis
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October 01, 2018, 01:39:07 AM
 #313

I think the reason is that they don't know much about bounty hunters. Not all of them will dump but maybe most of them yes. Bounty hunters will jump from one project to another therefore they have no focus on one project and mostly will dump their rewards as soon as the tokens have prices.
brjameng
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October 01, 2018, 06:19:11 AM
 #314

I think what cause the price of coins to drop isn't just because of bounty participant, cause the total allocation of coins that the bounty hunters get is just a few percents (perhaps 1-5%) from the total available coins, So it won't makes so much effect if the bounty participant selling their coins.
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October 01, 2018, 06:21:19 AM
 #315

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.
It is still only few percent of total tokens supply. But bounty hunters are the only sellers who sell so cheap! So that is why price is lower than ICO price.

JITENDERPAR3
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October 01, 2018, 06:23:47 AM
 #316

Peoples including myself hate biunty dumpers because it really affects the price for the token a lot. Peoples have their hard earned money invested into the project and some bounty hunters who earned the tokens by participating into bounties just simply dump the tokens as soon as they reach the markets.
That makes the price for that token reach the dip and even if it is a interesting token, peoples loose intrest in it.
Gelesko
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October 01, 2018, 06:28:21 AM
 #317

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 totally agree with you, but there is always someone to blame if the coin/token drops it's price! People don't understand why the price is going down and they are blaming people who are selling it

maitexisi
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October 01, 2018, 06:34:49 AM
 #318

When some ICO projects go public for much less than an ICO price, one cannot entirely blame the bounty hunter for the fact that the total supply of the bounty hunter COINS is less than 5%, and I think the project itself is important, and if the project is good enough, the COINS will never be dumped.

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October 01, 2018, 06:42:46 AM
 #319

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.

Yes I agree with you, the alocation is just too little, it will not make the price go down very low, except if the whales know about it so they bid the tokens with very cheap price

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October 01, 2018, 06:44:07 AM
 #320

In fact, it is all the rights of every bounty hunter recipient.
Although it might make the project organizer become upset with this because it sells tokens when the coin is still not stable.
The impact will cause the price of coins to decrease and fall in value, perhaps this is what project organizers fear in facing this condition.

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