dirgayeah
Full Member
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Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
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February 11, 2019, 11:15:56 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
Developer already counting all the possibility before starting their project, and if they use bounty hunter as marketing to promote their project, I guest they must lock the token temporary. exactly to avoid a mass dump. as a feedback if we hold our token we will got a dividend. so this is one of smart way to avoid a dump. it already implemented with the project called EOSex (Hybrid EOS exchange).
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ukboss
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February 11, 2019, 11:38:19 AM |
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Most of the people think bounty hunter is a main resin for dumping. I think it is not a appropriate solution to dumping. When bounty hunter get token on that time they want to sell some token and some hunter wait for more value. I’m also hold my token when I get token, after all hunter is not resin for dumping. Now a days people afraid about cryptocurrency market so newbie not interested to invest in this recent market.
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nonbody
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February 11, 2019, 11:48:43 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
The project requires a propagator, and the bounty hunter's job is to get paid for propaganda, and the project party can't stop the bounty hunter's selling behavior.
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X-ray
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February 11, 2019, 12:35:34 PM |
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A very good idea and also a good way for preventing dump token price. I think this would be in favor to all, in favor with the bounty hunters because the reward would be already in exchange, also in favor on the ico.
It seems to be a good idea but which projects will accept this? Will they pay rewards for bounty hunters with USD, Ethereum, .. instead of tokens? You should know that now there are more than 80% ICO are scams and these scammers will not accept this That's indeed and the only way to prevent the dump through provide a big exchange site which can give a lot of volume to the tokens. That's the only possible thing and that depends on the decision of the developer itself dude. They were holding the key on this case.
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Svarora
Copper Member
Newbie
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Activity: 378
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February 11, 2019, 12:55:35 PM |
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Bounty hunter get a very small percentage of total supply of token. Not every hunter want to sell immediately. So i dont think bounty hunter are responsible for all this. I think every exchange out a certain limit on the number of token sell by individual in single day. Second bounty hunter can be said in eth or usd
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0t3p0t
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February 11, 2019, 01:06:53 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 correct mate. Some investors blame bounty hunters for dumping tokens paid from bounty programs which is what really the purpose as not all of bounty hunters are wealthy enough to hodl. For their conveniece I think ICO's will stop paying tokens instead pay them in other coins or fiat. As a bounty hunter I tried to hodl bounty tokens but sometimes I need cash for my daily needs. I do hope they will understand the situation because not all here are investors.
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Malamok101
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Proof-of-Stake Blockchain Network
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February 11, 2019, 01:11:20 PM |
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For those bounty projects have been collected on their token sale they don't want also to pay real money because on the money they raised they want it to use for their project also.
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Cnut237
Legendary
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Activity: 1904
Merit: 1277
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February 11, 2019, 01:19:00 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
It's kind of a strange problem. If a coin fails to hit hard cap at ICO, then when it first hits the exchanges, you'd expect there to be very little volume - because those who wanted to buy would have bought at ICO. So really you have no buyers. Equally you have no sellers from the people who bought at ICO, because they are investing a project they believe in, they're not likely to sell before it even has a chance to get started. So the only sellers are bounty hunters, and people who bought in at ICO just because they got a decent % early bird bonus and want to cash in. So in this situation you have a thin market with no buyers... which is why prices drop. In a thin market a price of $1 per coin doesn't mean that the whole supply could be sold for $1 each, it just means that's the best any buyer is offering for some coins. When I stop waffling, what I'm basically saying is that prices in a thin market aren't really indicative of the true value of the project. there's no need to panic sell because you see price dropping when it's only a few orders.
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susila_bai
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February 11, 2019, 01:19:42 PM |
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What OP is telling is true, the actual dumpers are the ICO investors who are getting tokens first and they get token in discount, when they invest in start so their buying price goes down and they are even getting profit on cost to cost of token price. Actually bounty hunters are getting token after very long time of listing in exchange and before they can dump the price is down. This ICO developers are falsely giving information of bounty hunters are dumping.
It is true that if they dont want bounty hunters to dump then better pay them in other options of payment so that the token price wont get affected.
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Galantin
Jr. Member
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Activity: 602
Merit: 2
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February 11, 2019, 01:23:44 PM |
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They do not when this is not done. Let's be honest. Because it is a free labor. If someone had created a platform that fights with everyone, both with fraudsters and company policies in relation to hunters, there would be no price. Let's say the project should initially spend $ 10,000-100,000 on advertising its product. And then the reward would be distributed among the hunters. Although why these scammers is?)
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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rijaljun
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February 11, 2019, 01:29:48 PM |
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The real solution to avoid a token getting dumped is by closing the token trading from all exchange. Make people unable to sell it on exchanges.
I think, there is no exactly solution to this. People have rights to sell their tokens as they have rights to buy tokens.
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slashz9
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February 11, 2019, 01:31:29 PM |
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well actually it not needed if they believe they token will not dump and will be survive from dumping. i see some project pay the bounty hunter with BTC, but I'm a little confused because if they pay in BTC the reward is less then pay in token. but many people are interesting in BTC payment even the reward is a little.
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Bittalk12
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February 11, 2019, 01:37:26 PM |
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This was addressed multiple times but nothing happens. I participated to a bounty before where they paid us hunters with ethereum and this project really looks promising. They got listed to one of the biggest and trusted exchange but unfortunately, the price still gets dumped. This suggestion is not a solution because price dumping is a piece of cake for whales or market manipulators, specially the P&D groups.
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lavoncoin88
Copper Member
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Activity: 109
Merit: 0
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February 11, 2019, 01:41:18 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 have a point dumping will happen everytime project distribute token to bounty hunters. That the value of the token to be exchange to ethereum or bitcoin. Dumping is that the only reason why the project become worst at the end its maybe the project itself is weak and not strong enough to stand alone in the market.
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Firefoxx
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Activity: 280
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February 11, 2019, 01:44:29 PM |
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Another solution for dumping is to make your tokens too good to hold, for example like some betting platforms that give the holders of their tokens revenue from their platform, nobody would wanna dump because of the revenue they get.
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travwill
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February 11, 2019, 01:45:03 PM |
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Only a universal deep understanding of the fact that the less we sell our coins on the current bear market can save from a dump, the higher the likelihood of the next bull run or local growth of coins.
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axel2078
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February 11, 2019, 01:47:09 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
Developer already counting all the possibility before starting their project, and if they use bounty hunter as marketing to promote their project, I guest they must lock the token temporary. exactly to avoid a mass dump. as a feedback if we hold our token we will got a dividend. so this is one of smart way to avoid a dump. it already implemented with the project called EOSex (Hybrid EOS exchange). Many projects have followed this strategy and it has helped the price of the token to be kept in a sustainable way, not suddenly dumped. And EOS is one of those successful projects, I am very interested in this project and it really succeeded as I expected.
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Phonexy
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Best solution for smart cities
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February 11, 2019, 01:48:19 PM |
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It always pains me when I see people talking as if it's bounty hunters that dumps the price of tokens, let's not forget that the market is brutal right now and even tokens thatdidnt hold bounty programmes are suffering as well.
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chikading2016
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February 11, 2019, 02:12:34 PM |
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I think there is no solution of dumping tokens or maybe coin on the crypto feild. Because crypto market is really big and it involves a lot of investors and trader that has not the same sight about crypto, so even if we wanted to decrease the dump by holding our asset there are still some people that dump thier asset for thier own good. and we cannot blame them because we have different situation and strategy.
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pundit
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February 11, 2019, 02:19:19 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
Fully agreed to your statement, if dev are worried about dumping then why don't they pay in ETH, BTC or USD, what is the issue if they have collected a huge amount of funds. Dumping by bounty hunters does not lead to permanent price decrease, all dev should understand this. If dumping is only done my bounty hunters then why does price goes to south in many cases where bounties are not distributed yet, its all illusion. Every ICO should have a proper plan to stabilize their token price but it can only be done by hardworking and dedicated team not by low grade ICOs.
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