Fredomago
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December 04, 2018, 06:33:36 PM |
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Not always ICO coin prices fall and are caused by bounty hunters. If you see that this bounty hunter only gets a few tokens from the total supply. And selling tokens or holding back the tokens they get is their right. And when prices drop on the exchange, many bounty hunters also hold coins. And wait for prices to rise again.
Actually you are right, since they work for that and it is allocated coming from the bounty promotions they have the rights whatever they wanted to do with their holdings, most of the time they are just holding since in this current situations the value already dumped before they received their shares, no point of selling as they hardly work just to gained the said tokens, it is the developers who should have the control allocating proper budgeting of the raised funds and bring support to their projects.
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losiva
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December 04, 2018, 06:39:13 PM |
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Yes people hate bounty hunters just because sometimes they don’t even know the value of the token the are holding and immediately the sell it off it start to dump.
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HabiebRiziq
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December 04, 2018, 07:04:27 PM |
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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, everyone hates when they see the price of coins or tokens they have fallen because what they want is high profits, even though in my opinion when prices fall is the right time to buy more coins you want. But, don't forget to observe the development of the coin in the market whether it has the potential to increase or it will only be in vain.
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Lyd
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December 04, 2018, 07:10:43 PM |
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Unfortunately the bounty dumpers work only for the reward and they don't know how investments are working. It is important to be in the market for real, not only for the profit
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globalcitizen
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December 04, 2018, 07:11:57 PM |
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Dumping of tokens after ICOs is not new in the crypto space and bounty hunters are not the only token holders that do so. In fact, most people dumping their tokens are usually short-term investors who plan to make some profits from the initial rise of the token price following listing on the exchange. Those who blame bounty hunters for dumping perhaps don't have an understanding of the system.
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Yourodiviy
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December 04, 2018, 07:12:28 PM |
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I see nothing wrong with that. It has always been this way, and if people have long-term plans for certain tokens, coines, then this short-term phenomenon will quickly go away with the price fall and if the asset is really strong, it will quickly recover. Well, there are many ways to pay bounty: partially once a month, a month after entering the first exchange, payments for several years even had a case. As a result, if the project is bad, then no delay in paying bounty hunters will help, the price itself will fall. And if, on the contrary, a strong project, the sales of the bountists will be almost imperceptible.
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spike420211
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December 04, 2018, 08:03:09 PM |
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It’s just that the majority have got an erroneous opinion about how the prices are dumped after the coins come out to the stock exchange, everyone thinks that the reason for this is bounty hunters, while in their hands there is a very small fraction of the total number of coins.
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yaamite
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December 04, 2018, 08:22:55 PM |
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I also often drop coins as soon as they enter the stock exchange, for me this is an additional income and I do not have the opportunity to keep the coins for a year or two, since I cannot determine whether the project is promising or not.
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chenczane
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December 04, 2018, 08:26:50 PM |
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If I were in the same situation, I would prefer to sell the coin once I have the opportunity. Waiting for the coin to appreciate is too risky. A lot of coin just focus on getting listed and they are not improving their product to increase the demand. The developers should keep on improving their coin so that a lot of people will believe on it. I don't blame bounty hunters to dump their coin because they have every right to sell it.
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pazzanegro
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December 04, 2018, 08:53:13 PM |
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Because here, in crypto world a lot of greedy people , trying to make 20$ and sell it on the day of listing . Starting from bids in official telegram group... dumps...
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Cyptobonds1
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December 04, 2018, 08:57:43 PM |
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When you have no one left to put the blame on what you committed on you look for someone to do that to that's why all they are concerned about is the bounty hunters as the dumper because they don't invest in the project not knowing they have done more than the best to the project, is just an excuse to say that's all
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tuvic01
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December 04, 2018, 09:15:53 PM |
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Dumpers make things difficult for investors as most of them are bounty hunters and since they don't invest, they only get whatever they get for free so to them it doesn't matter how much they get from the reward given to them. They just sell not putting into consideration the ico price of the token as with this action market level of the token in general will fall, so the investors are always not rhapph with the dumpers.
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Xmm
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December 04, 2018, 09:39:19 PM Last edit: December 06, 2018, 12:10:43 AM by Xmm |
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Because most bounty hunters drop coins as soon as they appear on the crypto exchanges, thereby reducing the price many times. Of course, for those people who have invested in the project, this is not pleasant!
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Pepito Manaloto
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December 04, 2018, 09:43:11 PM |
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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.
Bounty hunters do most of the time, sell their tokens early. There is this mentality that they do not invested so they won't be disappointed no matter how much the profit will be as long as there is a profit. Unlike on the investors which are mostly holding in order to have profit from investing such amount. But the botomline is that, we really cannot blame those who are immediately selling. If you are really a holder you will hold, and if you are really into that token, you will buy more tokens once the price dump.
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tom14cat14
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December 04, 2018, 09:50:50 PM |
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It is a simple question. There are some bounty hunters that dump the price with their early sellings
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Ayobami99
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December 04, 2018, 09:50:50 PM |
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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.
Previous comments must have made it clear that not all dumps are caused by hunters but investors. I have some projects that dumped when they have not paid bounty hunters. Nowadays project UNDERRATE bounty hunters and OVERRATE investors. The fault is to the project who give lots of discounts to investors
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bitgov
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December 04, 2018, 09:54:51 PM |
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Unfortunately the bounty dumpers work only for the reward and they don't know how investments are working. It is important to be in the market for real, not only for the profit
Some of the bounty hunters think so, but certainly not everyone. Before I decide to support some project, I check it very carefully. I do not participate in campaigns of which succes is associated with high risk. If I do not have such a need, I will never sell tokens that in the future can bring me profits.
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danggoron
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December 04, 2018, 09:56:16 PM |
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the bounty hunter has equal opportunity to sell. they've been working help ICO in terms of marketing so I think it is reasonable of them to sell the coins they get even though it makes the market go down. Maybe investors indeed feel this is the thing that makes their loss. But even many investors also are waiting for the results of the bounty hunter to sell cheap so add their assets.
Even though bounty hunters also expect the best prices so that their hard work gets paid accordingly. But they are often blamed for causing a decline in prices, even though there are many factors that influence it. You are right, if investors can take advantage of opportunities then they can get lower prices when there is a dump to add assets.
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tenebriscaelum
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December 04, 2018, 10:35:23 PM |
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This is I think a misconception of many people as bounty hunters are being blamed for the dump that happens in the ICO after the sale, however they should know the fact that they have the rights on have they gain in participating in the project and having a small percentage of the total volume of the token will have little impact to the project. Truth be told that the huge dump in ICO should be blamed in the investors that are selling their tokens because of the bonuses that they got
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bittick
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December 04, 2018, 10:56:13 PM |
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It is true that some hunters dump their tokens, but it is not only that. Some projects I am investing decided to pay the bounty hunters in later stages of the project and when they were listed the price dropped significantly like 50% vs ICO price. So, the hunters cannot always be blamed. The early investors with huge bonuses also dump their tokens and the declining market also affects the price.
In that case, it seems that the project can't give something that making people interested in it outside the ICO phase, lets be real, if the ICO phase is not fulfilled completely who's gonna put a buy order when they can get it cheaper in ICO phase? therefore no buy walls because no demand.
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