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Author Topic: All about bounty payments and its effect to the project  (Read 2094 times)
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April 22, 2019, 04:04:32 PM
 #241

Many projects thought like you that it's the bounty hunters who dumping the price, so we have seen many projects who gave payment in Ethereum and Bitcoin instead of their own coins to protect investors from the bounty hunter's dump! But can you imagine, what exactly happened? Price went to the tank even at the first day of listing! So, it is not the bounty hunter, the only big investor can dump the price badly!

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Dalmar
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April 22, 2019, 04:06:50 PM
 #242

What also happens if you don't get the price as cheap as expected then with that what might be the benefit of you waiting till the end of ICO projects. Investing directly could had fetch you a lot since sometimes hunters reward distribution get delayed for some time.
many investors feel disappointed with this, so many investors who are tired of taking part in the ICO because this is to choose ico now must be more careful
Some investors are waiting for the time when the project is listed on the appreciated exchanges. Low amount collecting ICOs usually are get listed on small exchanges and bounty hunters dump instantly for making quick cash. Investors take these cheap tokens and sell later on the other exchanges.


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April 22, 2019, 04:25:49 PM
 #243

Well, i guess many people started to stop participating in Ico and instead of that they tried their chance by joining bounty campaigns or buying tokens through exchanges from bounty hunters who dump the price. Just like you did. These days almost there is no ICO anymore cuz no one wants to invest since they don’t trust the system anymore. Btw, it’s actually might be a good idea for the team to pay hunters in Eth or Btc in order to avoid dumping.
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April 22, 2019, 11:41:24 PM
 #244

The effect of bounty rewards dumping depends on the project itself, does it have a working  product or not,  is their a demand for the coin already or not. If no demand for the coin yet, dumping can hurt the project hard
 and will heavily recover from that. If there is huge demand for the coins bounty dumping will be eaten up in a  second and it  cannot have significant impact on the price long term.
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April 23, 2019, 01:17:50 AM
 #245

Yes, usually those projects that keeps on falling the price upon listing their tokens in the exchange is not a good sign and there is a big possibility that it will failed in a short period of time.

A good project with a better team experience and marketing techniques will not fail easily even after listing their tokens in any exchange. They will surely find a better way to minimize this kind of problem as in the first place they already know what will happen once they will send out the bounty rewards to the bounty hunters.

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April 23, 2019, 02:40:44 AM
 #246

it would be great if they paid at ETH, only recently there is such a tendency not to pay bounty hunters at all, well, or to cut the pool to such an extent that participation in a bounty at best is estimated at $ 1) so it’s not particularly where it is necessary to take it, they give it, and it’s already ETH or tokens that don’t make much difference, the main thing is to keep their promises and pay.
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April 23, 2019, 02:50:48 AM
 #247

Some mature ICOs lock their tokens until their products are launched so it prevents dumping to some extent.

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April 23, 2019, 03:10:17 AM
 #248

I've seen many posts like this in the past saying its better for Devs to pay hunters in ETH or bitcoin to avoid dumping tokens but I'm yet to see any bounties that follow this idea,i think it's the best way to stop dumping

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April 23, 2019, 03:12:55 AM
 #249

I don't think so, although bounty hunters affects altcoin's price but in a small percentage only. The one who affects the decreasing price of the altcoin re the ones who invest because they have much volume unlike the bounty hunters.
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April 23, 2019, 04:00:51 AM
 #250

yep! that's right, indeed one of the ico failures was that prices continued to fall while in the market. but paying bounty hunters with eth or other altcoins is not a good solution, i'm sure some investors won't approve it and this will cause other new problems.

i think a good way is to make them believe in the ico project and run the project according to the roadmap, i'm sure that will help make a lot of people stop dumping.
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April 23, 2019, 06:34:30 AM
 #251

I really don't agree with you about this. Most people say bounty hunters are dumpers and it have effect on the tokens price on the exchange. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. The bitter truth is that most tokens dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period.

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April 23, 2019, 06:38:40 AM
 #252

I believe that the project team should make sure that investors do not lose confidence in their coin. Yes, bounty hunters often sell their coins immediately after the listing, but it does not do everything and it is unlikely that it will significantly affect the growth of the coin. So I don't think that's a big problem.

I wonder about projects listing their coin to their exchange if the would need to buyback in order to satisfy their community when there are no buyers on their platform? I am just having a little lose on trust about some platforms as my buy order isn't bought up to now. And I think that would have an effect to the project.
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April 23, 2019, 06:48:09 AM
 #253

When project hits the exchange decide if it is worth dumping. If a price is solid then sell as you will have a chance to get in at lower price for sure.

If price is 0 then you have no choice but hold and hope for the best. But i agree i don't understand dumper who selling tokens they got for few months work for $2.

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April 23, 2019, 07:38:13 AM
 #254

When project hits the exchange decide if it is worth dumping. If a price is solid then sell as you will have a chance to get in at lower price for sure.

If price is 0 then you have no choice but hold and hope for the best. But i agree i don't understand dumper who selling tokens they got for few months work for $2.



I participated in a bounty that received its value only a few dozen dollars, but after evaluating the project. I feel that they are still working and very potential, so I think I should hold, in addition I am purchasing it at a very cheap price for hold long time
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April 23, 2019, 08:24:16 AM
 #255

Most bounty Hunter are in bounty solely for the meagre revenue they make from participating . It is therefore expected that they would zoom off the moment the opportunity shows up. I think dumping on the part of hunters is distasteful reality the system might just have to learn to live with
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April 23, 2019, 08:39:10 AM
 #256

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 have this feeling that these ICO's don't have enough eth or btc to pay bounty hunters and even if they got funded they will still not pay for bounty hunters with a tradeable token, because they knew that the price that they are going to pay for bounty hunters are cheaper when they pay with their own token, because they did not know if the price will go up or down, because the market dictates the price and it is very uncertain.

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April 23, 2019, 10:24:13 AM
 #257

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 have this feeling that these ICO's don't have enough eth or btc to pay bounty hunters and even if they got funded they will still not pay for bounty hunters with a tradeable token, because they knew that the price that they are going to pay for bounty hunters are cheaper when they pay with their own token, because they did not know if the price will go up or down, because the market dictates the price and it is very uncertain.

All ICOs that are not paid after three months of waiting will not be paid at the end. Do not entertain yourself with hope.
Most likely, they had an original plan — not to pay bounty hunters. They will have thousands of reasons for not doing this. For example, at least they will enter KYS. And for many, it is a minus in the project, and not all bounty hunters will pass it. Again, unpaid tokens will go to the profit of the project.

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April 23, 2019, 10:30:34 AM
 #258

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 have this feeling that these ICO's don't have enough eth or btc to pay bounty hunters and even if they got funded they will still not pay for bounty hunters with a tradeable token, because they knew that the price that they are going to pay for bounty hunters are cheaper when they pay with their own token, because they did not know if the price will go up or down, because the market dictates the price and it is very uncertain.

Most ICO team are telling on their investors at telegram group that the drop of price is due to selling of tokens from bounty hunters.
If that is the case, then why they keep sending tokens for payment? they have the investors money with ETH/BTC! why can't they send that as a payroll?
If they believe that their token price will go to the moon! why would they allow bounty people to be the wall and slow their flight?
What true is, early investors with huge investments are selling early to get out of the project and take the profit.
They should be holding and setting locks on those tokens.
silver23
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April 23, 2019, 10:36:16 AM
 #259

changing payments for bounty hunters with BTC, ETH and Altcoin is a good idea.
You are right, we can handle this ICO token and not worry that the price will be dump from bounty hunter.
but maybe almost all ICOs will never add ETH to pay for these bounty hunters.
I just hope that bounty hunters can become investors and think a lot about investment and ICO will also increase again not only in scam and fraud projects.
Leonardo7
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April 23, 2019, 11:04:35 AM
 #260

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

I disagree that bounty hunters are responsible for price dumping since the percentage they are given are usually a very few percentages. Price crashing and dump is a direct representation of team mismanagement and lack of innovative skills. Hunters do work for their money and they have the same right as anyone does. If the team feel hunters are bad blood to their project, to prove their own sincerity, they should pay hunters in stable coins.
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