The Bounty Hunter Problem

[glasbren]

I think not all bounty hunter are dumper, just as mentioned in the first post that dumping coin isn't fully caused by bounty hunter.
I, myself a bounty hunter and I choose to keep my reward from bounties and wait until the price is good, and i usually just cash out my coins as much as what i need. and keep the rest on my wallet.

[bubblebubble]

I'm a Bounty hunter and I agree with your statement.
Differently by others I study the project and I partecipate only if I like it.
Generally I hold tokens because I like the project.
This is not the vision of 90% of people partecipating, a lot of them come from Countries where you can live 1 week with 5 dollars... you can justify the consequently dump...

[alonelyorange]

Many trouble faced by bounty campaign participants, from less token or coin reward giving by bounty manager campaign until receiving coin and token do not have value because the ico owner is not seriously for listing their coin on the market.

[Marylinkoin]

Then what really happens if the ICO price becomes not in accordance with what has been determined by the project itself,
other than the information above?

[kzel2226]

People dump due to uncertainty, infact i have experienced this so many times, but the truth remains that if a project is well managed and supported, no matter the dump the coins will still pick up certainly.

Currently participating in bounty campaigns is no longer a good income for the bounty hunter because there are too many scam projects. I think the participants should have a new direction for themselves to continue to participate in this market.

your right ihave bounty last there they are legit but now they are turning scam. so many project also in bounty is going dead its so sad for me

[Olatunjex]

Been viewing multiple threads on why coins dip after being listed on exchanges? Most of blame that goes towards bounty hunters and how they sell of coins immediately, effectively causing a mass panic, and eventual dump of the coin below ICO prices. But, they aren't entirely to blame, because ICO creators themselves have ultimately created their problems behind dumps.

Since 2017, bounties have become increasing popular, and with that popularity, they will have: more gates, require higher quality posts/accounts and force bounty hunters to perform more and more tasks, taking up more of hunter's time and effort. Most of these bounties also pertain to shitcoin scams, that are usually dead within 1-2 months after the ICO is completed. So there's a high risk pertaining their time being invested vs. payout.

It's in the best interest for bounty hunters to dump their coins immediately, due to high risks and uncertainty behind the teams of each ICO. If a coin can't pay for it's own advertisement campaign out of its pocket, then they are going to pay through the exchanges. You aren't getting free services/promotions, to further an ICO for no cost at all, there's a cost to everything. And, to add to this, if a coin can't cope with the amount of coins given away for free, then it's time to re-think your marketing strategies, not following the rest of the herd to get a bounty campaign going.

In fairness, increasing competition and the volume of coins launching are forcing all ICO's to have bounty and marketing campaigns. There are different and more lucrative ways to market ICO's btw, but they are less used and not realized yet by the majority of ICO's occurring, due to their lack of understanding.

That being said, there's definitely a high influx of new people entering crypto, and profiting from the few legitimate bounties and will dump instantly to reduce risk. This is only natural, as there are a lot of people around the world looking to profit from these types of things, and they support themselves/families on these things.

Crypto is much different now than it was 1 year ago, and certainty 2-5 years ago, in terms of the people who actually believe in the potential behind blockchain, and what some new coins are attempting to achieve. Most people in crypto have little to no passion for what this entire field entails, "cash out quick before your profits go to 0" type mentality.



just fyi: I've never joined a bounty campaign for an ICO



Edit: The points in regarding that bounty hunters don't cause price dumps, is valid. I was addressing the issue why bounty-hunters dump, as they are the ones that often get blamed for dumping (by everyone). Most ICO's get dumped for several other reasons, but, just wanted to explain this particular instance.

A good post with a lot of valid points, there is bad misconception amongst invertors that bounty hunters are the cause of price dump, the problem start from team, some team are so incompetent. And it reflects on the value of their token.

[TobiasVR]

I think the dump coin isn't caused by a hounter bounty. because the hounter bounty gets a small number of tokens, the most coins are held by investors, so I don't think this is a serious problem and not a hounter bounty problem.

[lt_dr]

Been viewing multiple threads on why coins dip after being listed on exchanges? Most of blame that goes towards bounty hunters and how they sell of coins immediately, effectively causing a mass panic, and eventual dump of the coin below ICO prices. But, they aren't entirely to blame, because ICO creators themselves have ultimately created their problems behind dumps.

Since 2017, bounties have become increasing popular, and with that popularity, they will have: more gates, require higher quality posts/accounts and force bounty hunters to perform more and more tasks, taking up more of hunter's time and effort. Most of these bounties also pertain to shitcoin scams, that are usually dead within 1-2 months after the ICO is completed. So there's a high risk pertaining their time being invested vs. payout.

It's in the best interest for bounty hunters to dump their coins immediately, due to high risks and uncertainty behind the teams of each ICO. If a coin can't pay for it's own advertisement campaign out of its pocket, then they are going to pay through the exchanges. You aren't getting free services/promotions, to further an ICO for no cost at all, there's a cost to everything. And, to add to this, if a coin can't cope with the amount of coins given away for free, then it's time to re-think your marketing strategies, not following the rest of the herd to get a bounty campaign going.

In fairness, increasing competition and the volume of coins launching are forcing all ICO's to have bounty and marketing campaigns. There are different and more lucrative ways to market ICO's btw, but they are less used and not realized yet by the majority of ICO's occurring, due to their lack of understanding.

That being said, there's definitely a high influx of new people entering crypto, and profiting from the few legitimate bounties and will dump instantly to reduce risk. This is only natural, as there are a lot of people around the world looking to profit from these types of things, and they support themselves/families on these things.

Crypto is much different now than it was 1 year ago, and certainty 2-5 years ago, in terms of the people who actually believe in the potential behind blockchain, and what some new coins are attempting to achieve. Most people in crypto have little to no passion for what this entire field entails, "cash out quick before your profits go to 0" type mentality.



just fyi: I've never joined a bounty campaign for an ICO



Edit: The points in regarding that bounty hunters don't cause price dumps, is valid. I was addressing the issue why bounty-hunters dump, as they are the ones that often get blamed for dumping (by everyone). Most ICO's get dumped for several other reasons, but, just wanted to explain this particular instance.

I agree. Bounty campaigns often last months. And it's funny to say that those who have spent months working and accepting only a small amount of money. The first problem I think this come from the project itself. Bounty hunters are the people who have the longest time to practice with the project, although more or less they know the project well or not? When they see a bad project they will leave immediately. Eg, I leave InterValue bounty campaign immediately when they are ambiguous in evaluating the work of the bounty hunter. In my opinion, the  coins dip after being listed on exchanges are often due to market-related factors and the project development team, not to the bounty hunter.

[Petr81]

The number of bounty hunters is increasing, so the number of people participating in the bonus campaign will increase, so the number of tokens we receive from each campaign is small. So I'm no longer involved in the Bounty campaign

It's not just about hunters, but in general because of the market. if on a bull trend you got coins at an ISO price of $ 500 then they sold them at that price and higher. and now you get $ 500 and on the stock exchange you sell at the best for $ 50. hunters a lot yes, but not much do the content

[prukerohen]

Most of the chsllenges that bounty hunter face is not to be blamed on anyone else but themselves. truth is because of greed and incompetence, a lot of them fail to carry out taks dutifully, and that in turn costs them their bounty rewards. Some are really very lazy towards completing tasks, for some, it is because they have more than one bounty program they signed up for at a time.

[kier010]

bounty hunters have no problem but the investors blaming them for dumping the coins. but the price still depends on the project if it can gain support. if it have demands the price won't drop but instead it will increase. bounty hunters have the right to sell their coins if the investors or ICO team don't want them to sell their coins or own them better don't do bounty campaign.

[letsfly]

The bounty hunter problem is waiting when the coins will be distributed, how much the value will be or if it is going to have a value. Worse is if the coins will be distributed after a year and no value at all.

[andradwi]

there are so many scam projects right now ... they seem to have a very good project. but after they get investors and are not responsible. they don't care about how people help him in his project. this is what the bounty hunters really complain about

[micle222]

I often say that the fund allocation is only around 1-2%, the value is so small and there will be no effect to reduce the price of ICO tokens.
Just imagine how could a 50% reduction from the ICO tokens already listed on the Exchange then blame the bounty hunters of the thousands of people who only get the total of 2%?

I don't think that makes sense, it's still the investors who made the price DUMP because they get a lot of bonuses on Private Sale.