Tipstar
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December 16, 2018, 02:03:19 AM |
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This would be a good strategy. Lower than ICO price trading have hurt investors opinion about ICO and investors not participating in the primary token sale is leading to more and more projects not being able to reach the market cap.
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oppo070
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December 16, 2018, 02:08:49 AM |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Well, if the bounty hunters are not paid accordingly, they might lose interest in promoting such ICOS, maybe the project might not become successful in the first place, project need advertisers and if advertisers stop, project will not succeed.
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Levyathan
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December 16, 2018, 02:09:55 AM |
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This would be a good strategy. Lower than ICO price trading have hurt investors opinion about ICO and investors not participating in the primary token sale is leading to more and more projects not being able to reach the market cap.
Yeah, indeed. It is pretty cool when a coin after they are listing the coin can get lowered than the ICO price because it mean that its time to buy!
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myohmy81
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December 16, 2018, 02:58:13 AM Last edit: December 23, 2018, 01:05:32 PM by myohmy81 |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
I don't believe the reason of dumping of token price is due to the bounty hunters as they sell their reward at lower price. This is not the main reason of price bleeding as those developers knows in the first place that bounty hunters will dumps their token once it will hit the exchanges. The percentages allocation of bounty is not that high enough to crash the token price...it's just 2 to 4% of the total sale token which I think that it can't hurt the whole ICO if those developer have a realistic goals that will attract many investors to buy their token while at cheaper price in the exchanges. Bounty hunters will hold if those ICO has a potential to grow and many investors will buy it at the exchanges if they find it the possibility of getting profits.
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panjay
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December 16, 2018, 03:07:40 AM |
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welp for once bitcoin drop from 1k usd to 200$, not too long ago ETH got like 1k$ isn't IM not so sure, to be honest. If the drop of the price was an indicator of failing project bitcoin was the mother of failing project then.
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Farma
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December 16, 2018, 03:16:04 AM |
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I also agree that when the ICO developer pays a bounty hunter with eth, it will be better, and make the bounty hunter avoid arguing that they are always people who do dumps. well, but I don't think it's just a bounty hunter who dumps, but many factors occur because of that.
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iconoclast
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December 16, 2018, 05:06:22 AM |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Complete nonsense, Bounties are rarely greater that 1 or 2% of the tokens issued. The primary source of selling when coins first list are by the people who got huge discounts in the Private or PreSale. 30% is the typical discount and sometimes it is even as high as 90%. There are hundreds of ICO's that were done in the later half of 2018 where the bounty has not been paid but the coin has sold off rather dramatically.
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globalcitizen
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December 16, 2018, 05:14:37 AM |
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I don't accept the position that it is the selling of tokens by bounty hunters that in most cases leads to the fall in price of ICO tokens. It encompasses more than just that because the bounty percent is usually very minor compare to the ICO total tokens.
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cleygaux
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December 16, 2018, 05:22:32 AM |
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Bounty payments has no any effect to the price of any project it has very small allocation if there are someone whos to blame its the ICO team for giving the early investor huge huge super sale discount I can see almost 70% on presale and on main ICO only 5% discount, horrible ico owners making to make huge amount of money from their shit projects.
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Andruha1993
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December 16, 2018, 06:37:25 AM |
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It would be very nice if each project gave the right to receive rewards by their token or eth. So a large number of participants would choose eth and thus would not lower prices on the exchange.
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Jackrodwell
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January 10, 2019, 06:17:11 PM |
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Usually the reward allocation for bounty hunter arouns 1-5% of total tokens. I think if the project is good its not a problem if bounty hunters dump the 1% of tokens. Maybe team may send the reward after already listes on exchange. Like 2-3 weeks after listing.
I agree with you, blame shouldn't go to bounty hunters for dumping a coin after listing, it's shouldn't affect the token/coin if it's a good project, either way Btc or eth can be use introduce in paying bounty hunters to avoid dumping.
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cytpoway121
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March 07, 2019, 09:20:23 PM |
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I do not agree with you; projects conducting an ico crowdsale is in search of money in etherum or bitcoin Asking them to pay bounty hunters in etherum would mean; paying out of their softcap or hardcap meant to develop the project
It is not entirely a smart move
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abojamal
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March 07, 2019, 09:35:27 PM |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Your speech needs a review Bounty rate does not exceed 3% of sold tokens in the best projects So it is difficult to affect this ratio to the rest of the sold The lower prices of most ICOs refer to lower liquidity in the market Note that BTC alone dominates 52% of the market.
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entebah
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March 07, 2019, 10:13:26 PM |
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I think most ICO projects currently have a bad price when they are in exchange, not because of Bounty participants, but because they are at the bear market, so prices cannot afford to rise, they hope that if Bitcoin rises, they will increase their Tokens price.
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XbladedThanos
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March 07, 2019, 10:46:43 PM |
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I think paying in BTC or altcoin can make things difficult for icos since they might be using part of their funds to pay for the bounties so in case they decide to pay in their tokens instead even if they dont make it they return investors money and hunters are screwed atleast you have to expect that so tokens are much more easier payment and is cheap
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WINBIX ♝ SALES SYSTEM Selling at the demand price at any time | Pre-DAICO ➧ April 24, 2019 — June 22, 2019 https://winbix.io
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Ranly123
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March 07, 2019, 10:50:27 PM |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Well, if bounty hunters be paid by eth or BTC directly then it would be another liability for the project owner. This idea will do but it would be a healthy way to distribute the tokens from the crowdsale.
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Lumberjack1935
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March 07, 2019, 11:02:47 PM |
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It doesn't take much experience in ICOs to understand that it is more interesting to wait for the launch of any market to get tokens at underrated prices! But sometimes, there are exceptions and if so, you can miss the train. Usually this happens with ICOs that have great appeal in the media, big players and some operational product.
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kodtycoon
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March 07, 2019, 11:14:43 PM |
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I think paying in BTC or altcoin can make things difficult for icos since they might be using part of their funds to pay for the bounties so in case they decide to pay in their tokens instead even if they dont make it they return investors money and hunters are screwed atleast you have to expect that so tokens are much more easier payment and is cheap
well it is not difficult but indeed must to use bitcoin or eth and have to spend funds to increase investor confidence as well as the project that the product has funds to start the initial plan, not only that the initial funds must be there to pay dev and team and build a place. how people will believe if they don't have the initial funds I fully agree with the OP
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kawetsriyanto
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March 07, 2019, 11:31:11 PM |
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it. ~snip~
Are you sure that the bounty hunters who dump the coins/tokens? Actually, I don't believe it since most of the hunters prefer to hold than selling it at very cheap prices. Or you ever contribute dumping it? By the way, your decision to stop buying tokens/coins on ICOs is what many people did currently. The cheaper prices on exchanges absolutely attract people to buy there. You just spend lower funds to get the coins/tokens. Actually, I am afraid with the future of ICOs with this condition.
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reza7777
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March 07, 2019, 11:39:35 PM |
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not all bounty hunters will sell at very cheap prices, if indeed the project has a very good concept, surely there will be many traders who try to maintain prices by buying orders, the tokens for bounty hunters are only 1-2% so they don't affect prices on market
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