Why do lot of people hate bounty dumpers?

[Specimen]

I also don't understand why many blame bounty hunters. even though the allocation is only about 1-5%, how is it possible that only 5% can make a whole dump.

[terahash]

I think a lot of projects are manipulating their funds raised so they are very scared if the hunter allocation makes the price dump, and also they do foolishness when selling their tokens by making huge discounts.

[sh4dtechnr]

Very funny topic name.
Naturally, if a bounty hunter sells his tokens right away, investors will not love him for that, right? =)
And, generally, if the project is worthwhile, a smart bounty hunter will not sell his tokens immediately, and the price will not fall even if many sell, buyers will still be more. 

[NikNight]

Most Bounty programs account for only 1 ~ 2% of the project, so the bounty hunter who has sold the token immediately when it is on the exchange cannot make the project lose its value. I think the biggest sellers are the development team, only those who own a large number of tokens can do that.

I think that both can drop the price. Developers need funds for further development and bounty hunters just go into a new project. So that the price does not fall, you need someone who will constantly buy. And if there are no buyers, then 5% of bounty hunters will be able to push the price down.

[Debonaire217]

Well people who invest will always want to have higher priority then those who got them for free. Ya Bounty hunters do efforts, but they don't put money. I have seen many projects where bounty hunters just dump their tokens as fast they get it. Like getting a load off. If you participated in a bounty then you should respect the project also. Try to use tokens in those projects rather than just cause a panic in the market.

In fact this situation is so bad, that many projects have started locking bounty tokens for a certain time frame and I think that's the right thing to do.

Yes and the solution of locking the token is enough for the bounty hunters to sell their token. We cannot always blame the bounty hunters for the dump of the market, they worked hard for it and it is the project's responsibility whether bounty hunters will going to sell the token right after they received it or not.

[meldrio1]

they should not hate the bounty hunters they help to promote ICO's without them the ICO will not success, just let them sell their coin the price will increase anytime.

[Psec]

You called them bounty dumpers and the reason why people hate them is because they are dumpers. We have many people like that but to me this is a free world, I can choose to dump or sell at a reasonable price. We should also know that dumping goes beyond bounty hunters, investors especially those who got crazy discounts usually dump the token most times

[Zythiphill]

I agree.
Most bounty hunters will sell their tokens away after receiving them. It's like a reward for them.
They worked to get it rather than simply free.
They have the right to do that.
I dont understand why they are hated.

Well, in this market, they strongly push the rate down, and because of this they do not like , but I think in this market it is very easy to lower the rate , but if the coin is good it will recover

[EducoinVietnam]

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 fully agree with this statement. After all, bounty hunters themselves decide on the sale of coins - this is their right. Moreover, their impact on the value of coins is too exaggerated. It is unlikely that someone wants hodl coins that will definitely become cheaper - so are bounty hunters who do not want to face losses.

[ansarose1]

I think they hate bounty hunters that immediately sell their tokens even after the token distribution. They think that volume sellers by bounty hunters would make the token's price go down and the worst scenario they say as dump. I think bounty hunters may affect the decreasing price but only in a few percent because if we see the total allocated tokens for the bounty program are just very small like 2 to 3% of the total tokens, so i think bounty hunters are not dumpers of the prices.

[ginobitcoiner]

I also don't understand why many blame bounty hunters. even though the allocation is only about 1-5%, how is it possible that only 5% can make a whole dump.

if indeed DEV has the desire to stabilize prices at ICO prices, they will not ignore if the bounty hunters make their token prices fall with the allocation of 1 to 5% of existing tokens. in fact they will not lose if they buyback to go to the token.

[trauchot]

Unfortunately, this has always been and always will be, because many bounty hunters sell their earned tokens for pennies and can kill the price of any token, but also sometimes investors and the team of any company are also engaged in this business.

[Loopper]

Unfortunately, this has always been and always will be, because many bounty hunters sell their earned tokens for pennies and can kill the price of any token, but also sometimes investors and the team of any company are also engaged in this business.

Many factors that drive prices up or down can be the development team that makes a decline from their projects because maybe they just want to get a profit from coins that already have a price.

[Novatech8]

Poorly made projects are the ones that suffer from dumps after bounty hunters sell off the tokens, if the project is a strong one dumping won't affect it unless they give out 50% of there tokens to bounty hunters which never happens

[mbluxs]

they should not hate the bounty hunters they help to promote ICO's without them the ICO will not success, just let them sell their coin the price will increase anytime.

often indeed many people hate but it is true that sometimes the success of a projeck is also average to get promotional assistance from bounty hunters who introduce to the public about the cryptocurrency market as it is today

[trash321]

Here, perhaps the most incorrect thing is that in most cases bounty hunters have nothing to do with dumping, because it is not really beneficial for anyone. Therefore, I think that this is really not very beneficial for bounty hunters especially.

[wxxyrqa]

Here, perhaps the most incorrect thing is that in most cases bounty hunters have nothing to do with dumping, because it is not really beneficial for anyone. Therefore, I think that this is really not very beneficial for bounty hunters especially.

I also support your opinion.  The fact is that the total pool of the company's Bounty averages one and a half or 3% of the total number of company ico tokens and, in my opinion, this is an insignificant amount of coins that cannot affect pricing.  Besides, the Bounty Hunters themselves are interested in making their work highly appreciated and every self-respecting member of the Bounty company will never drop coins on the exchanges that have real prospects for increasing prices.

[MOProgress]

Personally I hate dumping whether it is from bounty hunters or not, these days most invsteors also dump their token.

[Galley]

About this situation can not speak unequivocally. Immediately reset tokens earned from the bounty is not always reasonable. It all depends on the project itself and its capabilities. How can affect 2-3% tokens on the general state of affairs. I have often observed how a significant increase began after the price fell at the start.

[nicecrypto]

If we can all see the percentage given to hunters out of the total supply and sometimes it is percentage out of total amount sold, then how this little amount can have effect on price? Even when bounty hunters reward are locked up for a certain period, the price a token still go below ico, so who is to blame this time