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Author Topic: My thoughts on bounty rewards  (Read 3207 times)
Sundaey (OP)
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October 07, 2018, 06:57:59 AM
 #1

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
My question is why do you have to complain on me selling or holding, do you have to decide what a worker should do with his or her earned money as if you both share same bills.

And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.

You guys just have to let we hunters be and sell at our convenient time.
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October 07, 2018, 07:04:07 AM
 #2

Just grow some think skin dude. Do you take it personally if you here people complaining about bounty hunters dumping after a certain token is listed on a exchange? Its a free market and you can do whatever you want with your tokens and don't bother with what others are saying. Just my .2 satoshi.

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October 07, 2018, 07:04:49 AM
 #3

That is true. Some investors already knew about this and the company who did the ICO explains it too.
That is if they want to keep their investors into just holding it.

Updating them of what is happening in the market is not that much of work. So it must be done.
You cannot stop the panic. It always happens to every ICO that will surpass their softcap.
1 or 2 percent. It will not hurt much of what should the price be in the future. It is actually a loss to the bounty hunters for not waiting.
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October 07, 2018, 07:24:25 AM
 #4

There are many that just sell as soon as a coin reach the first exchange and buy back 2 days later at much smaller price. It's speculation. Some afford to play it.
There are also many that just try to buy lower than ICO price.
These guys usually keep silent and try to play games that make them get more money. But in any such endeavor people have to point fingers and the bounty hunters are the usual suspects. Many of them pretty new, many of them easy to manipulate, many of them indeed dumping as soon as they can. All together the money worth of what the bounty hunters are dumping may be pretty small, but they are among the first and this does matter.

So, they have some blame to take, of course not as big as everybody tells. But they are easy to manipulate and easy to blame. Things just go on the easiest path.

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October 07, 2018, 09:33:17 AM
 #5

They ought not to complain with just 1% of the total supply being sold after dishing out the rewards. I think they lowkey hate bounty hunters but fail to understand how important and powerful these guys are.

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October 07, 2018, 09:41:33 AM
 #6

I think it's not appropriate to connect the low value of ICO tokens to the dumping done by bounty hunters on their reward tokens. When ICO tokens do not perform well in the exchanges, it's because of the investors taking due diligence especially with the market nowadays.
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October 07, 2018, 09:51:06 AM
 #7

I am both bounty hunter and trader also. From my experience, i can say when bounty hunters get paid from any campaign, most of them sell at direct price what ever they find, that causes dump but an investor cann't sell their invested tokens at cheaper rate than purchase rate. This is not the main reason of dump, if team is active, road map implementation is done properly, team is supportive to the investors and promoters, then it is like to pump.
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October 07, 2018, 09:55:17 AM
 #8

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
it is because people are always trying to look for someone else to blame for the mistakes they have made themselves like investing and then bag holding a token that got dumped, instead of selling it like the rest of the market was doing.

Quote
And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.
the percentage doesn't matter at all. they may be 100% or they may be 1% but in the end people should take responsibility for their money and actions. when you invest in something you should know and consider all the possible scenarios that can happen including a dump which is the most probably outcome which is inevitable for all the altcoins.

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October 07, 2018, 10:04:37 AM
 #9

Well the truth be told 80% of bounty hunters has a tendency to dump there tokens immediately when the project is listed on and exchange and a good number of that percentage are newbie in the cryptocurrency world. Also there are adverse effects of dumping because it reduces the price of the token and this can be annoying to investors and other rational bounty hunters
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October 07, 2018, 10:20:01 AM
 #10

You know people most surely point fingers and since they think the bounty hunters got it for free ( which we did work for it, buy data and working for 3 - 6 month is not an easy task so please stop calling it free!!!) they said the hunters are dumping whereas it might even be the developer dumping!!

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October 07, 2018, 10:23:53 AM
 #11

Well the truth be told 80% of bounty hunters has a tendency to dump there tokens immediately when the project is listed on and exchange and a good number of that percentage are newbie in the cryptocurrency world. Also there are adverse effects of dumping because it reduces the price of the token and this can be annoying to investors and other rational bounty hunters

Actually there are some reasons why most bounty hunter dumped their tokens after listing because most of the ICO project are fake or scam. But of course not all, there are tokens that having great potential to growth and some hunters are keeping hold the tokens.
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October 07, 2018, 10:24:26 AM
 #12

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
My question is why do you have to complain on me selling or holding, do you have to decide what a worker should do with his or her earned money as if you both share same bills.

And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.

You guys just have to let we hunters be and sell at our convenient time.
It is easy, still 1% of sellers is enough to dump the coin.
Bounty hunters do not care about the real price, they need quick profit, so they are selling very cheap as soon as possible to secure profit Wink.


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October 07, 2018, 10:46:50 AM
 #13

I agree that the bountyhunter worked for 3-4 months and he has the right to do what he wants with tokens. If a person sees that the price of the token is going down, he is inclined to blame everyone except himself, which of course is wrong. Basically, bounty hunters influence the current market at the start of trading when there is no support. Then after a few months, investors and the project team are affected by the current project because they have a greater amount of coins, sometimes 98%, and so on.
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October 07, 2018, 12:18:30 PM
 #14

That is the tradition of some bounty hunters they do that a lot when they get their tokens they will sell it even for a low price because they got it for free, that is their mindset when it is like seeing a money on the road you will not even think twice you will spend it immediately but some bounty hunters after they sell they will buy back for a low price, but also there are also some bounty hunters who hodl their tokens for a long time and they actually help the project.
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October 07, 2018, 12:31:23 PM
 #15

This is a free world, it will be up to you what you should do with your token since it's your effort being rewarded not the others. ICO owner's within the team had already consider such scenario that in the usual case right after tokens will be distributed, I believe many bounty hunters dump their coins and less of the remaining bounty hunters would stay longer and have to wait for the token to rise further. However, in my case I do consider staying first and observe how the token responded to the market after being listed in the exchange then I will decide later.

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October 07, 2018, 12:54:12 PM
 #16

It shouldn't be thought that bounty hunters immediately sell coins when they get it. I am sure there are still many who hold and wait for the opportunity to jump in prices. I think that is not very influential in the market price.

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October 07, 2018, 12:59:41 PM
 #17

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
My question is why do you have to complain on me selling or holding, do you have to decide what a worker should do with his or her earned money as if you both share same bills.

And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.

You guys just have to let we hunters be and sell at our convenient time.
It is true that bounty hunters have the free will to do whatever they want with their bounty reward but I quite believe that no matter how insignificant the tokens allocated to bounty might look, it does have a significant effect on the prices of tokens which bounty hunters should also be mindful of.
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October 07, 2018, 01:06:11 PM
 #18

Yes you are right, as I have seen now the bounty hunters all the tokens they get from the bounty campaign they will sell as they please, the reason they don't hold is the token they get is a gift token and they don't want to hold the token too long because they think they've got profit, and maybe this is what makes all the new coins destroyed and won't last long, big investors now feel disadvantaged because when the exchange arrived the price of the token they bought didn't match what they wanted.

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October 07, 2018, 01:08:09 PM
 #19

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
My question is why do you have to complain on me selling or holding, do you have to decide what a worker should do with his or her earned money as if you both share same bills.

And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.

You guys just have to let we hunters be and sell at our convenient time.

Who says you can't sell coins when you want to? Everyone does what he sees fit and it's his right
I usually always sell as soon as I get it.


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kier010
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October 07, 2018, 02:11:17 PM
 #20

bounty hunters sell their coins and the price dump and investor blame them. but why is coins price dropping? it would be because of the project. so to make the price goes up the project should continue to develop it and it will take time and also the project should be promising. many of investors are impatient and want to see their profit right way or overnight that is why they blame bounty hunters if the price drops.
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