Fumzy
Jr. Member
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Activity: 255
Merit: 1
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February 01, 2019, 12:05:15 PM |
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Devs should stop blaming bounty hunters for dumping ,they work hard to promote your projects and they have every right to do what they like with the tokens if this is really what you don't want then
Don't pay bounty hunters in your tokens ,pay them in USD ,USDC or ETHEREUM to avoid dumping your tokens and that will have positive impact on your tokens ,dumping will always happen and if the project is a strong one then it will quickly recover
You are very right. These project managers know very well that the primary reason why a bounty Hunter gets involved in a bounty is to make cash. Rewarding bounty hunters in USDT OR BTC OR ETH is a sure way to preserve their tokens and retain it's value but if they let out all the money raised during ICO, what then is the future of the token
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various
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February 01, 2019, 12:11:21 PM |
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Devs should stop blaming bounty hunters for dumping ,they work hard to promote your projects and they have every right to do what they like with the tokens if this is really what you don't want then
Don't pay bounty hunters in your tokens ,pay them in USD ,USDC or ETHEREUM to avoid dumping your tokens and that will have positive impact on your tokens ,dumping will always happen and if the project is a strong one then it will quickly recover
Good God ! This was my idea for months and I am glad to see people who think as like me. If they think the problem is bounty hunters, this is the only solution. But sometimes before the bounty awards are distributed, the tokens are listed on exchanges and their prices crash. So who is the guilty?
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rdewilde
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February 01, 2019, 03:48:29 PM |
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The work of a bounty hunter is not worth the USD value of tokens they receive - hence projects will most likely not start paying in USD, or if they do, the payout would be lower than the payout in tokens. A cleaner solution will be locking BH tokens and unlocking some percentage every month.
Why are bounty hunters not worthy to receive USDT ETH or BTC? They work for projects and they should be paid by ETH or BTC rather than paying for these tokens are not priced in this market
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aprilnot
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February 01, 2019, 03:55:56 PM |
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Devs should stop blaming bounty hunters for dumping ,they work hard to promote your projects and they have every right to do what they like with the tokens if this is really what you don't want then
Don't pay bounty hunters in your tokens ,pay them in USD ,USDC or ETHEREUM to avoid dumping your tokens and that will have positive impact on your tokens ,dumping will always happen and if the project is a strong one then it will quickly recover
I like your advice, but that doesn't seem possible because now ICC is garbage. Dev only wants to get money and they don't have the desire to throw money only for bounty hunters. and I think dev is one of the parties responsible for dumping on the market. they have a large token allocation.
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deep4u
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February 01, 2019, 04:08:26 PM |
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Your opinion is good also there are some bounties i have done which have paid in ETH as payment. But sad thing is allotment for this of Bounties are kept very low. Instead i will suggest to devs to lock up tokens for private and Pre-sale participants for at least a year or 6 months which may help.
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JCviggen
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February 01, 2019, 04:13:35 PM |
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ingenious decision. but we all understand that their words about the bounty hunters fault in the dump are just excuses.
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Age Of Mars | GameFI Virtual colonization of Mars
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burky156
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February 01, 2019, 04:22:44 PM |
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If the project is strong the bounty hunter can't dump the price, i have seen it many times. With the strong projects many investors waits for the bounty hunters to buy more. But ofcourse those projects number is limited, we can say mostly %3 sadly. And also in background there are too many intrigue from project and telegram admins..
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whiteblue
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February 01, 2019, 04:26:25 PM |
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the solution to being able to withstand dumping is to stop giving bad news in some media and telling all the governments in the world to be able to provide support for cryptocurrency so it is certain that dumping will stop and for bounty hunters it is better to pay with USD which has very many supporters and is difficult to collapse.
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DominickA86
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Activity: 252
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February 01, 2019, 04:27:30 PM |
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This would solve all the problems, because in 99 percent of all cases, a new coin is going to be dumped on exchanges, because of the bounty hunters, that are trying to earn some Ethereum or Bitcoin.
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Perfect35
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February 01, 2019, 04:27:59 PM |
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From what is happening, what i can say, is that most developers do not yet know what they should do to correct it, which means the working formular is what most do not know. I can still see some projects making good progress and their prices rising, despite hunters being involved. Hunters are not the main cause to the dump, the project itself should be checked.
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pokxon
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February 01, 2019, 04:31:34 PM |
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You know that to maintain and develop a project requires a lot of money, so they can't pay you usd, usdt eth, btc. This may make them financially exhausted and cannot continue to develop the project. Distributing token to bounty hunters is also a goal to help them develop their communities.
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nreal
Full Member
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arcs-chain.com
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February 01, 2019, 04:41:09 PM |
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Your solution has also been applied, There are a number of projects that pay for bounty hunters using ETH or USDT, but the problem is that not many projects are willing to do that. If paid by ETH, or USDT, the bounty Pool will not be attracted by pool bounty for millions of dollars calculated by token.
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No Pain No blood
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February 01, 2019, 04:43:49 PM |
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Good advice, but do you want to be paid some $ for your hard work for a few months? it's not comparable, isn't it. this will obviously only create new problems. I would prefer if dev released their platform first before starting ICO. so after that the service can be used by the user. or at least they already have the BETA version.
this will make investors more confident and keep holding. rather than making them pay bounty hunters with USD.
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herdiansyahdanang
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February 01, 2019, 04:46:36 PM |
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The problem will not be resolved if the reward fee is a token, this will reduce the price and there is no value, I agree what they say, the bounty hunter uses the best bitcoin or ethereum so the token will be maintained and stable.
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ibrahim160994
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February 01, 2019, 04:48:56 PM |
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There is a better suggestion, when paying the bounty hunters every time Dev should lock in their pay, it's up to how long, this is to keep the bounty hunters throwing away their fees
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sulis sudibyo
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Volare.network
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February 01, 2019, 04:53:51 PM |
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good but what if they only raise funds until the softcap can't burden them. and in the end they will definitely sell tokens that are not sold to the stock when listing later. it will create a new problem isn't it. and if they use a percentage instead of the FIX value for bounty allocation it will be very painful for those who participate. imagine if their sales only reach 10K ETH and the bounty allocation is only 2%. so that means the total allocation for all campaigns is only 200 ETH. it doesn't make sense.
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thefoex
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February 01, 2019, 04:56:28 PM |
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good but what if they only raise funds until the softcap can't burden them. and in the end they will definitely sell tokens that are not sold to the stock when listing later. it will create a new problem isn't it. and if they use a percentage instead of the FIX value for bounty allocation it will be very painful for those who participate. imagine if their sales only reach 10K ETH and the bounty allocation is only 2%. so that means the total allocation for all campaigns is only 200 ETH. it doesn't make sense.
I agree with you, this will only create new problems. I can imagine if Iico was extended and certainly it was not comparable to what we had done.
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belli4388
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February 01, 2019, 05:02:08 PM |
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a solution to prevent token dumps after the end of the ico could be to pay the bounty hunters in usd, btc or eth but this will almost never happen since with tokens they are paid at 0 cost, another solution would be to block the tokens for a certain period that can not be moved for one or two months
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space available pm me if interested
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Altryist
Legendary
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February 01, 2019, 05:05:42 PM |
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Bounty hunters are not the problem of most coins that get dumped, They developers are mostly to be blamed for not bringing plans on how to prevent the coins from dumpers after exchange listing, the best solution is to lock the team, bounty and private investors tokens for some time to provide liquidity for the coin, then buy back the coin on occasional basis to increase its value.
Ta here is not something to say, bounty hunters will not be able to lower the price by selling their coins, there are many reasons for this, starting with the fact that payments to hunters are paid with a long delay and ending with the fact that a very small part is allocated on the bounty which is not able to affect anything.
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GatotKaca
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Seabet.io | Crypto-Casino
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February 01, 2019, 05:12:09 PM |
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Devs should stop blaming bounty hunters for dumping ,they work hard to promote your projects and they have every right to do what they like with the tokens if this is really what you don't want then
Don't pay bounty hunters in your tokens ,pay them in USD ,USDC or ETHEREUM to avoid dumping your tokens and that will have positive impact on your tokens ,dumping will always happen and if the project is a strong one then it will quickly recover
those who throw away must have certain reasons, this might be done for fear of losing the price of their tokens. I know it's good to do, but it doesn't have to be all thrown away. there are times when waiting until the price really matches what was expected before. trading requires a good technical method, if the token has good development potential in the future, then hold on.
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