Paying Bounty With TOKEN or ETH which will be better?

[masterrex]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

Anyone who knows a better way can tell us here!

This is the best suggestion so far I'm ok with it Ethereum is best solution for payment in Bounties to avoid dumping sounds good but how about computation of the payments value (tokens computed to eth) is it the ICO price or what? lots of question that needs to be answer. But overall its a good suggestion.  

[lonlonmarlon]

For me must good paying bounty with token because token is good for me and that's enough for me. The eth also good but it's depends on the bounty manager to which want to pay.

[ThePromise]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

Anyone who knows a better way can tell us here!

its good if the bounty campaign will paid their bounty hunters either eth, btc or any other popular coin but the project will only lead to failure, the one reason why they distributed their token is to have enough holders of their coin, to have enough people to support them, but if there is no one who will use and hold their product, their project will fail.

[Stug]

"Pay Bounty/Airdrop hunters with ETH, BTC"  
Every bounty/airdrop hunters love it but how's about ICO manager ? They can create their own tokens and why do they have to pay ETH, BTC which they earn from investors ??

[denulh]

The option to buy back with Ethereum seems more reasonable than paying for campaign participants with Ethereum.

of course paying with ETH is always easier and more convinient than other altcoins, it would be great if ICOs pay it by ETH but there are many cases that the amount of money we recieved by ETH is so little that it is not worthy for us bounty hunters use their time in those ICOs bounty, i still think accepting the risk to be paid by ICOs token rather than ICOs because it still have the chance to rise double or tripple the value of token when we sell.

[apyong]

For me honestly i like to be paid in tokens because i like to collect more tokens so that i can have more options. Whether to hodl or to trade directly.

[Kool5]

Of course, ETH is best. Because with the bounty there is a lot of fuss. You yourself know. To create a bounty you need to shove a good team, site and much more. Then my token to bring to the market, as well as buying a beat on the stock exchange you need a lot of cues that would pay for it.

[keycellko]

Well id have to agree that most bounty or airdrop hunters sell their tokens as soon as it hits exchanges. This is the reason why most of the tokens that are promising decrease their value and finds it hard to recover. I think the best way for developers when launching their icos pay bounty hunters with eth or bitcoin.

[plpatel]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

Anyone who knows a better way can tell us here!

As a bounty hunter I would be glad if I receive my payments in Bitcoin, Ethereum or some other popular altcoins cryptocurrency instead of tokens for which I'm working for. Reason being bounty hunter's are paid last and sometimes even listing on exchanges takes too long and the dump which comes as soon as tokens gets listed makes things more miserable for bounty hunters, who don't get the better price for their work done.

[ifightformerkel]

I think that paying bounty hunters in Ethereum or Bitcoin will remove many questions that arise now and are quite relevant. Most of the projects claim that it is because of bounty hunters who sell tokens immediately after they enter the exchange, the price of tokens falls, but in my opinion this is nonsense, since hunters are interested at least in selling tokens at the ICO price, and not below 5 - 10 times. So the payment in Ethereum, for example, will be relevant.

[Tondya]

I think it is a very good suggestion for bounty hunters, but not for developers )), because ethereum has the real cost, as against their tokens ).

[kokrokok]

but what is my question for you right now is, how will they pay participants using ETH or BTC from ico funds if they take from the sales fund, then where will they develop the project using funds from

[delton22]

Paying bounties with Ethereum and Tokens have two sides to it

- ETHEREUM: If bounty managers pay in Eth, it would make the value of the token to remain solid when it hits exchange

- TOKENS: So many bounty hunters tend to dump all tokens when it lists on an exchange, thus reducing the value of such token


MY ADVICE?.. PAY WITH ETH

[chocopapaya]

Every now and then, a bounty program pops up that does pay in ETH.
They are rare though, just once in a blue moon.
I've kept track of a lot of them and I don't see them necessarily having more participation or after ico benefits than others.

Paying in eth will definitely help to lessen the impact of dumpers.
But for me, I never do a bounty program unless it's for an ico that I truly believe in and that has long term potential.
So for me, I would actually rather be paid in the ico's token.
I often invest money into the ico that I'm promoting, so combined with presale discounts and the free coins through the bounty, I manage to get a large amount for ridiculously low cost.

At that type of price entry point, my potential for profit is much larger than if I got paid in eth.
The highest profit I was able to make doing it this way was 17x profit.
Can't do that if I just got paid in eth.

[Docnaster]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

Anyone who knows a better way can tell us here!

ICO projects don't have enough capital to pay thousands of bounty hunters a realistic amount of ETH, hence why they opt to give away their own tokens instead. You might find a few ICOs that already do this, whilst the risk is a lot lower, the size of the potential reward is similarly low, so it's probably not even worth participating in.

[virendarnagpal]

I think most of the projects will reject this suggestion.  They are selling their coins in exchange mostly for bitcoin or ether etc.  They may not be ready to part with the mentioned coins collected from public.  

Also bounty hunters are bound to receive whatever they are offered.  It is up to them whether they want to work for the remuneration received in coins or not.  But if it is possible to pay in btc etc it will be very nice decision favouring bounty hunters.

[LankaJay]

Hunter will be so glad if they will be paid by ETH. But I don't think it will happen. I have seen few campaigns that pays in ETH. But I'm not sure will they pay or not. Need to give a try.

[Gorodcoin]

You have a good idea, and of course ETH will be more useful than token, as you can buy any token with ETH and you can understand how much you are going to be paid after completing exactly tasks

[Mr Batman]

I think it's better to use ETH if dev is afraid their ICO coin will fall due to a bounty, because I think payment using ETH is more feasible.

[Redg85]

Hello mate. you seems have a good idea of paying the bounty hunters with ethereum or bitcoin as most of them dumping as early as the token paid by a certain project got listed in an exchange. Pay them with eth or btc and let them decide weather they trade them in token of their project or exchange it into fiat. Great idea mate! Cheers!