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Author Topic: All about bounty payments and its effect to the project  (Read 2129 times)
Gab20
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May 03, 2019, 11:49:19 PM
 #361

Most projects benefit from paying bounty hunters in tokens and not eth. I have seen projects where they had not up to 20 investors, which means that there will not be the required number of token holders needed to fulfil the requirement for listing, which is why they might need to pay bounty hunters with their tokens to increase the number of token holders. Another means that some of the imbibe, is to airdrop little to airdrop participants in order to increase their community.
jademaxsuy
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May 04, 2019, 12:20:45 AM
 #362

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"
Yeah that would be a good idea to pay bounty hunters with eth or bitcoins but I do not think that team handling the project will allow it because they need it more than the bounty hunters. The coin they created is not as valuable as eth and bitcoin for they still need to promote the coin or the project to the community.

And they do not care also if their coins will go down for the investors to hold and not to spend it cheaply as much as possible.
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May 04, 2019, 12:54:46 AM
 #363

Folks not just bounty hunters sell of at any given opportunity for various reasons including the fact of the volatility of the market. Such  massive sell of most times lead to o dump
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May 04, 2019, 11:55:12 AM
 #364

I fully agree with the author, bounty hunters are not to blame for the token dump, since the share of funds allocated to bounty does not exceed 5% of the number of tokens. It is all about the weakness of the team and the unattractiveness of the project, as a result, tokens are of no interest to potential investors.

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May 04, 2019, 11:57:57 AM
 #365

I am also a big fan of payment by ethereum. That way both, the project and the bounty hunters can benefit. The price of the project remains stable and the bounty hunters gets their share without costing the project. So win win situation for both.
Samuel4
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May 04, 2019, 12:19:05 PM
 #366

I equally do Bounties, before now I used to think that it's bounty hunters that crash the price of tokens too. I had a rethink when a project called Online.io sometime listed their tokens last year and Lock bounty payment for like 6 months. When bounty hunters were finally paid the token price was nothing to write home about. What about that?
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May 04, 2019, 02:52:59 PM
 #367

the amount of bounty does not exceed 1% of the total amount of coins, in most cases. Even if all the merchant hunters sell tokens, it will not have much impact. if it's a quality item, it will respond quickly, in a few days.
I don't think every bounty hunters sell their bounty rewards, if the project is a good one, bounty hunters too hold the coin. So, it's wrong decision to blame bounty hunters for the market dump.

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May 04, 2019, 03:22:34 PM
 #368

Actually it's not bounty hunter fault. Some project already dump on the first day even didn't distribution token to bounty hunters.
It's still depends to the project, if the project is real good of course it will not get dump hard. But if the  project is bad and lack of demand, of course investor avoid it.

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May 05, 2019, 04:35:56 AM
 #369

Usually after a bounty payments and once the tokens/coins are being listed on a crypto exchange/s, some people are expecting that the price will be dumped once the bounty hunters will start trading their rewards. But not all the time, bounty hunters gonna dumped, sometimes they hold it once they see that the tokens/coins they are holding will be great in the future.

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Falgorn
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May 05, 2019, 11:54:41 AM
 #370

Bounty hunters do not have much opportunity to influence the price reduction of new tokens, especially against the background of such opportunities of investors. Headhunters are allocated only a few percent of the total number of issued tokens. At the same time, investors have the opportunity to buy tokens in the initial stage of ICO with significant discounts and then immediately sell them on the exchange for the price of ICO. Therefore, the constant accusation of this of bounty hunters is unreasonable.
At the same time, almost none of the bounty hunters will be opposed to being paid in ethereum or bitcoin.
Vishnu.Reang
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May 05, 2019, 12:24:34 PM
 #371

Bounty hunter are getting the coin after their hardwork.so they just want to encargó their money. They just 3 to 5 % of total supply so i dont think they are solely responsible for dumping. But from crypto ecosystem the bounty hunter must be motivated by giving Them in form of usd or btc itself. They feel good And help the project to reach to mass
Even out of the 3-5%, we might still have only 1-2% being dumped while the rest are still with the many hunters that decide to hold for better price or just so because they believe in the project. But hunters are to blame for it.

You are being too generous. Usually the bounty pool is just 1% to 2% of the total budget. Even if we take the upper limit (2%), just 1% of the tokens will be dumped on average (provided that half of the bounty hunters hold on to their coins). If the prices crash due to the dumping of this 1%, then I would say that project is worthless.
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May 05, 2019, 01:18:50 PM
 #372

what really they thinking? bounty hunter just holding like 3 - 5 % from total supply
how they can dumping price if the amount not big as investor. the real dumper is investor not hunter

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ttcsalam
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May 05, 2019, 01:27:34 PM
 #373

It is right to say that the work is not good if the project is not good or save the token is not fun. So I think we should keep a good project token collection.

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sammy21
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May 05, 2019, 01:31:16 PM
 #374

what really they thinking? bounty hunter just holding like 3 - 5 % from total supply
how they can dumping price if the amount not big as investor. the real dumper is investor not hunter
it is very possible, indeed the amount is still very small, but if the trade is still very small, and too many bounties that sell it will make a gradual decline. and if it occurs continuously without buying from a large volume of markets, the price can drop lower.

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nwosuchristabe2
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May 05, 2019, 01:32:54 PM
 #375

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 agree with the fact that prices tank solely because of the dumping effect of bounty hunters. There are so many projects that distributed their bounty rewards after a number of months of trading, but the value still dropped substantially even when the hunters haven't been paid.
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May 05, 2019, 01:39:06 PM
 #376

what really they thinking? bounty hunter just holding like 3 - 5 % from total supply
how they can dumping price if the amount not big as investor. the real dumper is investor not hunter
it is very possible, indeed the amount is still very small, but if the trade is still very small, and too many bounties that sell it will make a gradual decline. and if it occurs continuously without buying from a large volume of markets, the price can drop lower.
In fact it is often already in the event of a dump, the one who is blamed is usually a bounty hunter or airdrop. But I am here not wanting to blame investors or bounty hunters, because without an investor the coin is nothing and there is no price. So a dump like that said by Sammy21 might be true if the bounty hunter continued to sell without buying it, it could have been a dump.
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May 05, 2019, 01:40:44 PM
 #377

In any case, at the initial stages, people do not understand that prices fall due to the huge number of bids for sale, so people need to react to it somehow, since prices must be kept for the possibility of sale and interest in general.
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May 05, 2019, 01:45:37 PM
 #378

what really they thinking? bounty hunter just holding like 3 - 5 % from total supply
how they can dumping price if the amount not big as investor. the real dumper is investor not hunter
it is very possible, indeed the amount is still very small, but if the trade is still very small, and too many bounties that sell it will make a gradual decline. and if it occurs continuously without buying from a large volume of markets, the price can drop lower.
In fact it is often already in the event of a dump, the one who is blamed is usually a bounty hunter or airdrop. But I am here not wanting to blame investors or bounty hunters, because without an investor the coin is nothing and there is no price. So a dump like that said by Sammy21 might be true if the bounty hunter continued to sell without buying it, it could have been a dump.
its not bounty hunter false if they dump their token,they get token freely and could do anything with their own token.before bounty reward distributed price dumped by investors too, so its not totally bounty hunter false.

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May 05, 2019, 01:51:05 PM
 #379

If the project is strong then it should have good liquidity and. For this reason, I think that if the project is strong, then bounty hunters will not be able to greatly influence the price. If the project does not have good liquidity, then bounty hunters will be able to derail the price because no one wants to buy these coins.

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May 05, 2019, 01:55:01 PM
 #380

its not bounty hunter false if they dump their token,they get token freely and could do anything with their own token.before bounty reward distributed price dumped by investors too, so its not totally bounty hunter false.
indeed, not everything is wrong with the bounty hunter, but in some cases, in reality it is indeed a bounty hunter that causes a dump. and maybe that was followed by investors who panicked. obviously it will make the dump worse. each project has a different case.

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