cytpoway121
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Activity: 1540
Merit: 68
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February 04, 2019, 11:37:03 AM |
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There is no easy solution to dumping unless the project devs can make a fantastic product out of their project That keeps driving prices at a massive rate and not bring it down
Bounty hunters do not dump a token, even project devs knows that 1% distributed to over 4000 hunters can’t harm the market
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DominickA86
Member
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Activity: 252
Merit: 10
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February 04, 2019, 11:46:26 AM |
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This would be a great step further for the whole bounty community and ICOs. There would be a great opportunity to have a win win compromise. On the one hand, there would be no price dump and on the other hand hunters would be happy with their earnings.
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emberbekas
Legendary
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Activity: 1904
Merit: 1000
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February 04, 2019, 12:52:51 PM |
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Dump is something that cannot be avoided especially from bounty hunters. They only want to get money by participating in bounties and when there is a chance, they will definitely do it, at least most of them will dump their tokens. Dumps should not be a big problem if the team behind the project is quite honest and has good faith in their project which can be shown by hard work to keep their project alive and get great attention from the public.
So the solution is from the developer itself. It is they who determine the future of their project. Even though the dump happened but if the project goes according to plan and gets appreciation from the public, the price of the token will gradually rise again.
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gabmen
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February 04, 2019, 01:47:41 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
Developer have job to make people know about their product so they pay us with tokens/ coins if use another it will create dump in other side. We can blame developer about their decisions because they already have analysis and plan to execute. No big deal to get payment with tokens/ coins but if not listing on exchanges that's the problems. I don't even think that the tokens for bounty havr significant quantity to start a major dump. Investors buying huge amounts during startup and selling once they hit exchanges are even bigger causes of dumps. Devs should work hard to prove to these investors that they're work is worth having confidence in for the long run.
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Sadlife
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February 04, 2019, 01:55:20 PM |
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Payment through usd or bitcoin could be a neat solution to avoid the dumping of the price of the project many tokens fail because most of its value gets dump by a huge sell off of their bounty hunters. So why not pay them in alternative currencies if they really want the project to succeed. That's the risk of businesses who put lots of money if you want to succeed.
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andrejka
Sr. Member
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Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
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February 04, 2019, 03:00:36 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
Well said! In my point of view blaming bounty hunters for this or that has just become a perfect excuse for devs in any situation. Whatever happens devs can blame bounty hunters and community will support because it seems like everyone hates bounty hunters and is happy when they don't receive their tokens for hard work or if they are being scammed. It's very disappointing I have to say.
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PlusOne88
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Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
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February 04, 2019, 05:07:59 PM |
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I believe that the dumps could not happen just because bounty hunters did it. I have seen how small oftentimes is the value of the token or coin that goes to the hunters. But I think I knew the answer why people dump their coins. The possible reason could be that the investors are afraid to lose as much if the ICO have been observed to be slow in progress. This is not true to all but I have seen and felt how some investors felt so disappointed about promises and the lack of transparency in their sales. I have observed more of these situations on telegram conversations. As a result while the price is still high those investors then dumps the coin after listing on exchanges despite not gaining so much just to prevent possible loses.
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dutechman
Jr. Member
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Activity: 199
Merit: 1
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February 05, 2019, 07:32:52 AM |
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The following could be helpful in minimising dumping: 1. Bounty managers should not delay or frustrate bounty hunters in distributing tokens so that they won't lose interest in such project 2. A little reward could be put in place for those that will hold their tokens for some time like what Miracletele and some other projects are doing 3. Tokens can be locked for a while until conditions are favourable. In this case both hunters and investors should be well oriented on such step so that they won't think they are been taken for granted. 4. Quality rather than quantity. Amount of tokens allocated for bounty should be on quality merit and not on quantity. When the volume in circulation is minimal, it will have an appreciable value even if some people decide to dump.
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kumala_abi
Sr. Member
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Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
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February 05, 2019, 07:46:19 AM |
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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
Well said! In my point of view blaming bounty hunters for this or that has just become a perfect excuse for devs in any situation. Whatever happens devs can blame bounty hunters and community will support because it seems like everyone hates bounty hunters and is happy when they don't receive their tokens for hard work or if they are being scammed. It's very disappointing I have to say. bounty hunter always be the main person that blamed when token price dumped.they forget about market sentiment, private sale contributor that have big contribution to token price.if they didnt want token price dumped , they should pay bounty hunter in usdt eth or maybe btc.but most of developers team prefer save their money.
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voron83-05
Jr. Member
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Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
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February 05, 2019, 08:45:52 AM |
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This is not the way out, because then the amount will be less, and payments will most likely not occur in the most popular coins!
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♠ POZESS ♠ Photo Sharing Social Marketplace That Rewards its Users
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mastersay
Jr. Member
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Activity: 322
Merit: 2
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February 07, 2019, 02:25:23 AM |
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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 have a good agree with you. Because the main reason for bounty hunters to do that, because they have no value of the token that they receive or even less. Causing them to sold it all.
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HARA │ Empowering billions through data one byte at a time
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bezzler
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February 07, 2019, 02:31:55 AM |
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The reason of dumping coin isn't just caused fully by bounty participant. I'm suspecting that someone who purchase coins from ICO can also do the same, cause usually anyone who are purchase the coins early will get so much bonuses coins. that way they could easily dump the coins by selling all their coins including the bonus they get from purchase to get their money back plus some profit generated from the bonus coins.
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radjie
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February 09, 2019, 10:43:26 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
if the project developed is strong enough, investors will certainly increase by themselves and certainly can affect the market price of the token owned by the project. the best solution that can be done by the project developer is to provide payments to bounty hunters in the form of other types of coins such as Btc, ethereum or Usdt to avoid excessive disposal after the promotion program ends.
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marksayson
Jr. Member
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Activity: 420
Merit: 1
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February 09, 2019, 11:13:29 PM |
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If the bounty managers are rewarding the bounty hunters with real value coins, it would certainly prevent the possible dump thats gonna happen. Because they would not panic sell the tokens that they got.
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BankDex.io / Decentralized Exchange
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powerman24
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Activity: 448
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February 09, 2019, 11:26:26 PM |
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ICOs not willingly paying out hunters in BTC or ETH, they rather doing it in their own coins. Bounty allocations are usually 1-2% and it can only affect the price of the token only short term.
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pedpedped101
Jr. Member
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Activity: 552
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February 09, 2019, 11:39:39 PM |
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I do not think Amy developer, who truly understands how the market operates, would blame bounty hunters for dumping their tokens. Rather, they themselves, should device means to prevent their tokens from dumping. Also, I believe that if a project is good, it will be hard for it to dump unnecessarily. If it due is, it can easily rise again.
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surgexvb
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February 09, 2019, 11:46:56 PM |
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There are very few campaigns that pay in ETH, BTC, perhaps it’s not profitable for them, they can pay tokens to the bounty hunters in parts and not immediately, but in a certain period, for example, split into several weeks, then dumping will not happen if there is a good amount on the exchange.
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inanilujimi
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February 09, 2019, 11:47:54 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 agree with you if the project has to pay with ETH, USDT or BTC it is a good middle ground for both parties but the problem is not all projects have money to pay bounty hunters with this.
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asyakashi
Sr. Member
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Activity: 1974
Merit: 256
Vave.com - Crypto Casino
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February 09, 2019, 11:53:28 PM |
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If the bounty managers are rewarding the bounty hunters with real value coins, it would certainly prevent the possible dump thats gonna happen. Because they would not panic sell the tokens that they got.
I agree . for example the hunter bounty is paid ETH or USD. this will prevent the price of the token from falling. and the bounty hunter will work well and professionally.
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jozymens7
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Activity: 392
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CurioInvest [IEO Live]
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February 10, 2019, 06:34:47 PM |
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Th e fact is that they do not blame bounty hunters just for dumping their tokens but as a means to let them sell more of their tokens and blame it on the bounty hunters. That is why they can not change by paying bounty hunters with their eth. If they do so, they can not sell and blame anyone for doing so. They only way to do it is to blame it on bounty hunters who do not even have more than 1% of the total volume traded in every 24 hours.
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