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Author Topic: whether a bounty hunter can help increase trading volume?  (Read 671 times)
radjie (OP)
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February 10, 2019, 06:04:25 PM
Last edit: February 12, 2019, 04:21:20 PM by radjie
 #1

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

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February 12, 2019, 05:41:33 PM
 #2

from bounty hunter perspective view i agree to that and true it can increase trading volume on market but to be honest it will not that significant.
also this is not gonna happen in the near future because project dev most likely choose to pay using their token to increase their own volume on market and increase their holder and transaction record.
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February 27, 2019, 08:43:48 AM
 #3

Yes I think bounty hunters can improve trading volume if only hunters trade normally and not just dump away
Because improving trade volume is not easily moved
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February 27, 2019, 08:47:40 AM
 #4

from bounty hunter perspective view i agree to that and true it can increase trading volume on market but to be honest it will not that significant.
also this is not gonna happen in the near future because project dev most likely choose to pay using their token to increase their own volume on market and increase their holder and transaction record.

I don't think they can help in terms of trading volume. As you can see, most of the allotted budget for bounty is in the range of 1-10% of total volume. So as you said, it really is not significant. And the truth is, bounty tokens or coins can be found most likely in the sell order side. And it only has impact upon the receipt of those tokens by bounty hunters. After few weeks, the sell order at very cheap prices are mostly gone.
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February 27, 2019, 09:21:16 AM
 #5

I am agree with you on this. I think the Devs doing something terribly wrong. They pay to bounty hunters at the end of the ICO and in one day there would be big sell and the coins loose their value in big time. All they need to paying weekly or paying in Ethereum or Bitcoin or and of the Top coins. If they keep paying with the project coins the dumping will be stay here forever.
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February 27, 2019, 09:30:27 AM
 #6

Most likely no. Trading volumes can be increased only with large amounts of tokens, and since bounty hunters do not have so many coins, this is very unlikely.
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February 27, 2019, 10:05:40 AM
 #7

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

I don't think so bounty hunters only hold a very small portion of the coin, in fact, they always have the smallest share, it's the whales that have the full control of the volume and price because the big portion of the coins are for investors, bounty hunters can only have an impact in the first few days after that it's the holders and buyers who will control it.


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February 27, 2019, 10:33:12 AM
 #8

Going by your question if the bounty hunters can increase trading volume yes significantly they can to some extent but not to a large degree and not for a long time bouse most bounty hunters are like 'conductors' they leave from hand to mouth they don't have the habit of keeping their coin.
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February 27, 2019, 11:06:53 AM
 #9

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it.

Unfortunately, it's very rare to see bounty campaigns that paid btc or eth, only those signature campaigns that's on Overview of Bitcointalk Signature-Ad Campaigns paid weekly payment in btc.

Quote
Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.

Somehow it helps, but personally I just hold my btc.

Quote
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

As I said, it's somehow affect, this will be just little compared to whales that manipulating the market.

Happy Coding Life Smiley
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February 27, 2019, 11:12:59 AM
 #10

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

It is completely natural and logical that if someone sells or buys something on the exchange, it automatically increases its volume.
Of course, any transaction made by a bounty hunter or anyone else increases volume on exchange.
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February 27, 2019, 11:20:39 AM
 #11

Bounty hunters are increasing the volume, but they are decreasing the price  Grin.
In the 2017 nobody cares about bounty hunter dumps and now everyone hates bounty hunters because they think that the main problem is bounty hunter.

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February 27, 2019, 11:44:04 AM
 #12

I have read in one of the comments before that bounty hunters are necessary evils because they contribute a lot in increasing the volume of a start up project. They also help investors in filling up their bags at a cheaper price.
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February 27, 2019, 11:48:04 AM
 #13

I have read in one of the comments before that bounty hunters are necessary evils because they contribute a lot in increasing the volume of a start up project. They also help investors in filling up their bags at a cheaper price.
That's indeed, the bounty hunters are giving a lot of impact and even these hunters are helping to trade it use their amount too. That means if that will be really helpful to increase the volume and attract more speculators.

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February 27, 2019, 12:19:07 PM
 #14

They can increase trading volume provided that there are buy orders and there are investors who will buy orders, based on the performance of some of the coins I'm holding, many coins coming out of ICO into the market do not have buy order only sell order.

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February 27, 2019, 12:21:38 PM
 #15

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?
Its only possible if the coin was already listed on exchanges but since most of the ICO’s are really new in this market they have to pay bounty hunters right after they raised funds. Its not possible to pay weekly for a new ICO which has no value at all.

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February 27, 2019, 12:54:01 PM
 #16

As a bounty hunter, I agree with you and I think that bounty hunters can indeed help to increase trading volume, but most of them are just people who don't think about the future of the tokens they have promoted so that the tokens registered at the average exchange immediately dump.

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February 27, 2019, 01:07:28 PM
 #17

Anytime I make little cash from bounty hunting, I end up using it to trade either same coin or other coins. Some hunters actually contribute to trading volume, this is because they have the mindset that they will make more money by trading. And buying hunters in stable coins would be a better system and increase more participation.
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February 27, 2019, 01:49:29 PM
 #18

All of us want this happen. But it just an Imagination if the bounty hunter dont think form long term and they just doing a short way for destroying the coin price immediately. Bounty hunter maybe must have little patience and more smart if we want this come true.

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February 27, 2019, 01:57:55 PM
 #19

most bounty hunters participate in promoting large projects managed by a company that wants to successfully run the project to be developed, project managers can provide potential coins such as bitcoin and ethereum to bounty hunters who participate to promote it. Does the weekly or monthly payment that a manager can provide can encourage growth in market price movements?
because surely some of them always trade every week or monthly after being paid because they need money for their needs.
Is this one of the factors that can increase trading volume other than large investors who can influence market prices?

But here is where you see the conflict of interest, if you believe in seeing things objectively.

A company that does an ICO wants to develop the project, and at the same time wants to build a community that is interested and perhaps also wants to invest. But the mistake here was that ICOs saw community as investors, which in fact was only speculation type interest.

Not many hunters were actually users and adopters. And you are an example, as is OP, to still see the community as investors, traders and speculators who of course move on during a bear market.

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February 27, 2019, 02:06:53 PM
 #20

I don't think so, bounty hunters are known because they sell tokens at first moment it is possible. I tried to hold tokens and I regret not selling them right away. After they dump it is up to investors and traders to increase volume unless bounty hunters are investors and traders.
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