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ataki
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September 16, 2018, 06:15:13 PM |
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Bounty budgets are usually 1% of total supply. Can anyone serious think that with 1% you can influence the price of a
token long term ? Bounty hunters have the right to with the rewarded tokens what they prefer, some hold some dump them.
When dump happens, It is always a good opportunity to buy cheap tokens if it is a promising project.
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pambud
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September 16, 2018, 06:41:00 PM |
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You can't blame the bounty hunter , they don't have much coins to be able to make the market dumb , this is just because the market situations a downturn .
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Karisma Black
Jr. Member
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Activity: 228
Merit: 4
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September 16, 2018, 06:43:40 PM |
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Bounty hunters are for the most part idiots thinking short term, spamming, cheating and then dumping their rewards...
If they keep on with this shit, projects will look somewhere else for promotion.
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Pump N Dead
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September 16, 2018, 06:45:39 PM |
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It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.
Thoughts?
The bounty allocation for bounty hunters is so small to affect the price of an ICO. The one who dump it are the investors and the team of the project and blame it to bounty hunters. That is why they don't want to pay Ethereum and Bitcoin to bounty hunters because it is easy to notice who dump their holdings. |
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FITOn(yu)
Newbie
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Activity: 28
Merit: 0
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September 16, 2018, 06:55:03 PM |
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bounty will live, but with the arrival of people here pay a penny and will remain the most enduring
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Crypdon
Member
Offline
Activity: 616
Merit: 11
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September 16, 2018, 06:59:32 PM |
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Bounty hunters should not be blamed when a coin price dumps, unless the project leaders allocate 50% to the bounty hunters their dump is meaningless. Pre-sale investors are the ones you should point the finger at
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irenegaming
Full Member
Offline
Activity: 476
Merit: 102
Kuvacash.com
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September 16, 2018, 07:02:02 PM |
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There have always been discussed measures to avoid dump, but the developers just don't care much or think it doesn't affect them enough, sometimes the number of bounties are not even 2% of the tokens that the ICO takes out, so I think the problem is exaggerated more than they should, they can also implement the option to pay in another currency, that has always been on the table.
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Kunlejoe0
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September 16, 2018, 07:02:30 PM |
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I think many project are not raising required funding for their project and this is causing a lots of short term dumping and selling pressure is definitely coming outside of bounty hunters. For the bounty campaign, there is nothing to worry about, this is crypto!
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a2offrb
Full Member
Offline
Activity: 453
Merit: 101
RISE WITH RAYS FOR THE FUTURE
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September 16, 2018, 07:04:46 PM |
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Even if Bounty Hunters are working at their own expense where they could not be paid worth coins based on cumbersome dumps as trading started especially at this Dip. I believe the Projects managers can not wholly gain at this instance trying to secure other means of campaign for their projects. They will still need these hunters. Hence, this scenario has to be shared or bored equally between the two parties is my submission.
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arakuns
Member
Offline
Activity: 223
Merit: 10
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September 16, 2018, 07:06:52 PM |
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It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.
Thoughts?
Well that is the your perspective about this issue. I believe it is not always true that bounty hunters are responsible for price dump, I have participated in quite a number of bounties that woukd decide not to reward bounty hunters on time and still the price will still dump really bad. And besides, bounty rewards are usually between 1 to 2 percent of the total tokens sold, which I feel is not too significant. |
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iamlds08
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September 16, 2018, 07:24:55 PM |
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It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.
Thoughts?
i believe that dumping is a big threat to the industry of bounty hunting. but if you think of it, the number of bounty hunters are not that rampant as what it is after the merit system in the forum(because of the merit system, new accounts will have difficulty in joining campaigns) meaning, the chances of dumping will be lessen because most of the hunters remained are the ones with higher rank and understanding in the forum and the market. |
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VPScreator
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September 16, 2018, 07:31:03 PM |
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I think this applies more to investors since hunters don't have that many coins to drop. In addition, I think that the dumping of prices is not due to the fact that the hunters drop their tokens so quickly. Look at the price of tokens after entering the exchange is much less.
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Appiah95
Jr. Member
Offline
Activity: 46
Merit: 1
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September 16, 2018, 07:36:23 PM |
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I personally am not happy about the way bounty hunters dump their coins as soon as they get hold of their bounty tokens but since no one can decide for another person what he or she should do with his or her coins, it becomes difficult to talk about it.
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mummybtc
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September 16, 2018, 07:55:14 PM |
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I think bounty has come to stay, whether people hold or dumped it immediately after been released to them.
But this is very wrong assumption that between 1-3% of these tokens would crash the market. What are you going to say about projects with no bounty campaigns like DaoStack, 0chain, Hybrid etc that have lost more than 80% of their ICO price
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qtronix
Member
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Activity: 596
Merit: 10
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September 16, 2018, 08:37:20 PM |
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There is no better means of promotion than bounty. It is unlikely to be abandoned in the future. In fact, if it's not a fraudulent project, then he shouldn't be afraid that bounty hunters will lower the price of coin after going markets. Because if the project is good, then a small drop in price will not harm it.
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South Park
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September 16, 2018, 08:51:16 PM
Last edit: September 20, 2018, 08:19:31 PM by South Park |
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It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.
Thoughts?
You do not really understand how this works right? The icos do not really care about it, they are getting all of that promotion for tokens that have no value yet and those tokens were completely free for them to create, there is no better way to promote their project and if that means that investors lose money then that is just the way it is, this is a free market and you accept the risks that comes with investing in coins with nothing behind them. |
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Mysteryla
Jr. Member
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Activity: 420
Merit: 3
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September 16, 2018, 09:19:12 PM |
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What makes you feel bounty hunters are the only ones that dump and that investors do not dump. As a matter of fact, considering the pool that is allocated for bounty, i do not think the token would dump. There are even times that bounty hunters hold what they have.
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Vsamuel
Newbie
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Activity: 98
Merit: 0
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September 16, 2018, 09:26:38 PM |
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I bet the current state of the market is the reason why most projects are failing to cash out their bounty tokens to hunters. Most hunters, like me are very desperate to obtain their bounty tokens. I would advice dev team of projects should be considerate when it comes to payment of bounty projects. If they do not wish for their token to lose value. what about they consider locking the token for some period of them after distribution to await the recovery of the market
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andthereyou
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September 16, 2018, 09:51:19 PM |
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In my case it does not really hurt. Because I only do bounty hunting as partime job. Also for my investment in cryptocurrency, I have used my extra money and knew that losing sometimes is part of the deal when investing.
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giancarlo01
Jr. Member
Offline
Activity: 140
Merit: 1
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September 16, 2018, 10:07:01 PM |
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It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.
Thoughts?
This have always been the case at times, Most of us hunters Dump our tokens immediately after receiving payments, which is not a good thing to do. Unless you do not believe the said project has a future in the market, free to sell them |
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