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Author Topic: My thoughts on bounty rewards  (Read 3211 times)
Hanebel
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November 13, 2018, 01:29:03 PM
 #261

Bounty hunters have the full right to dispose of earned tokens at their discretion. For some bounty hunters, bounty hunting is their only job, so they sell tokens right away.  The second reason-the price of tokens in many projects is rapidly falling and bounty hunters do not want to wait and be at a loss and therefore sell.

I don't think that bounty hunters with selling their rewards heavily affect on the token's price. if the coin is falling the main reason is that developers are selling their coins.
That could be a factor if the developers keep most of the coins, but for what I have seen it seems that the developers sell all the coins and they keep only bitcoin or ethereum, to me the biggest factor when it comes to why the price of new tokens goes down is simply the quality of the project, many projects are never going to develop anything and are going to disappear, so people no longer have faith that icos are going to deliver on their promises.
So that would mean that there are almost no quality projects around since almost every coin goes down after listing on an exchange? Even if those really promising and are considered by many as good project still experience this downtrends and it's almost right after it is listed.
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November 13, 2018, 01:34:10 PM
 #262

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.
I think you not totally right that bounty hunter dump their coins the time they receive that.
I myself a bounty hunter, and i don't do that. I always keep my coins after i got them from the bounty reward.
And i've always wait until i got a good price before i sell them.
There are many others like you and me. We don't dumping the altcoin we get from the bounty because we are not rushed. Dumping is not caused by bounty hunters, it depends on the market

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anjho.ace
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November 13, 2018, 01:36:20 PM
 #263

Everyone has their own decision how to manage their tokens.
It is the payment for their hardwork. everything pays-off.
Everyone has their own situation and decision.
just do what you want to do and let others live their lives.
jusertvaz
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November 13, 2018, 01:44:05 PM
 #264

Awards are reduced in proportion to the fall of the Bitcoin rate. There is of course some multiplier, but I have not yet been able to calculate it.

Of course, now the rewards are much lower than they were at the end of 2017, but if the market grows again, then many of the tokens that you received while participating in the bounty will cost good money. So to participate in the bounty now can also be profitable.

fcklife
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November 13, 2018, 02:07:36 PM
 #265

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.

first of all, bounty participants are considered part of the team because they are part of the marketing arm of any given project. hunters are entitled to a salary for a job work done and you are pertaining into dumping their hard earn money to the market which will give the market an opportunity to buy on a lower price. if you are considering dumping an unhealthy act, then you should impose developers to give bounties in other cryptocurrencies like eth, xrp or btc.

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jakiro.hovard
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November 13, 2018, 02:12:35 PM
 #266

Many bounty hunters today are very tired of scam projects that do not pay anything, you also understand that this is a big problem today that can not leave our cryptocurrency world. We definitely need a good service.
jusertvaz
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November 13, 2018, 02:19:09 PM
 #267

Many bounty hunters today are very tired of scam projects that do not pay anything, you also understand that this is a big problem today that can not leave our cryptocurrency world. We definitely need a good service.
I heard that the developers of Ethereum want to impose some kind of limit for the developers to withdraw the collected funds. But in my opinion it would be sufficient to introduce KYC for developers . In the event of fraud they can find passport data or other information.

Ximoandali
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November 13, 2018, 02:25:45 PM
 #268

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.
I also think that bounty hunters do not suffer much from them course, there are early investors here they are well merged rate

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alimarh
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November 13, 2018, 02:27:58 PM
 #269

I think you will understand how it feels when you invest in a coin and someone came and dump the coins right below the ICO price, it will get you annoyed probably, as a bounty hunter, you are free to sell your tokens anytime you wished, but at least sell it a bit higher. 

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fuer44
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November 13, 2018, 02:29:57 PM
 #270

Your argument is true that a person has no right to give obligation to every bounty hunter to hodl a token after receiving it to avoid dumper. the bounty hunters have done their jobs well and after receiving rewards from the bounty, it's up to them to sell or hodl directly and other people have no right to regulate them.
babykika2027
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November 13, 2018, 02:41:01 PM
 #271

yes indeed most bounty hunters directly sell their tokens, especially with the market condition that is currently not stable, I once regretted not directly selling paid bounty coins, when holding coins the price of the coin actually went down, I thought it was greedy enough to wait until the price high, if I feel enough with what I do I will sell it immediately
cleygaux
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November 13, 2018, 02:47:52 PM
 #272

There is one solution to stop this dumping of tokens the bounty rewards should be change into ethereum instead of token the ICO team should allocate a percentage of the collected funds from the ICO like lets say 1% to be paid into bounty hunters its a win win solutions since we can easily converted our hard earned money into fiat without hurting the price of the project, but unfortunately Im afraid if theres an ICO company who will adapt this kind of payment to hunters because they dont want to released money from ICO funds to be paid to hunters..greed is the reason why.  
Rengganis
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November 13, 2018, 02:58:44 PM
 #273

indeed, the bounty hunter when selling coins does not have an effect on the dump of coin prices when listing, but indeed many large investors use the situation to get coins in cheap prices and sell them when prices rise
boller
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November 13, 2018, 08:51:11 PM
 #274

many bounty hunters who still assume that the results of the bounty they would further drop if detained too long. the classic reason but also will be making them soon sold at a bargain price and even without long calculations. but the bounty hunter certainly has the right to do that and what happens in the market once it's not completely wrong from a bounty hunter.
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November 13, 2018, 08:57:42 PM
 #275

In my opinion if one ico will do a 5x or 10x. That doesnt matter. Bounty hunters can dump their tokens or not. That is not important in my opinion. If a good project will do that amount of x. It can do . If bounty hunters will dump these tokens again it have to do that x if it will do that.
Because i believe marketmakers and investors who couldnt invest during ico deciding these roi. They are cause that. So i think if bounty hunters will their tokens that is not effect token price very much. and bounty hunters can do everything with their tokens.

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East2011
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November 13, 2018, 09:08:57 PM
 #276

Many bounty hunters always sell their tokens whenever they like the price. And we cannot do anything about that. Because they have their own mind and we cannot control them in selling it. Maybe they are in need of immediate money so they tend to sell their token immediately.

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ityandsyn
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November 13, 2018, 09:26:28 PM
 #277

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.

      Yes most of the bounty hunters wants to dump their coin right after the ICO and it is listed in the exchange and these are the mindset of most of the bounty hunters , but indeed the investors are doing this first and they are the one causing the price very low because the coins are already listed in the exchange while the bounty team was processing the spread sheet then by the time of distribution for bounty hunter , the price is already very low than the ICO price , so who do you think causing the price down .
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November 13, 2018, 09:32:53 PM
 #278

Actually my friend you have a big point here. They go about blaming bounty hunters for the drastic dip in the prices of tokens when they hit exchange. when all we get is just 1-2% of their total supply. now how can this little allocation dump the prices of tokens?
sumangs
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November 13, 2018, 10:02:55 PM
 #279

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 has nothing to do with the ICO itself. They are just paid users that spreads the word of ICO making people aware that there is an incoming ICO. They dump it because only money matters and just like I said it has nothing to do with them.
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November 13, 2018, 10:11:00 PM
 #280

There are some bounties, that are cutting the budget, just before the distribution of the rewards by 20 times. And for 15 weeks of hard work, the hunters are getting 5 USD. I find it is not fair and the teams should decide what budget they are going to distribute to the hunters, even before the start of the token sale.

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