pundit
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March 22, 2019, 04:13:52 PM |
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ICOs which lock their tokens in fear of bounty hunters dumping are not analyzing the market in the right way. Only bounty hunters are not pulling the price down, I remember late 2017 when I just started joining bounty campaigns, I sold many rewards early and price elevated after some days, it all depends upon the market sentiments. Locking bounty reward is not the solution to avoid dumping. I have also participated in an ICO which has locked their bounty rewards till Oct 2020 but still price of their token is decreasing like anything. I hope it will recover with market. People should stop blaming bounty hunters for price dumping.
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St4yInTh3D4rk
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"STAY IN THE DARK"
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March 22, 2019, 04:19:15 PM |
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Even if they locked or unlocked the tokens, it's still the platform and the community support that will have an impact on its the price in the market, if bounty hunters dump their share which is ok with me, but if it has potential, investors will easily pick it up.
Actually bounty hunters share is not much to be considered as dumping come from them,so the investors are the persons dumping their tokens so locking the bounty hunters token will cause the value of their rewards to be declined and next time they may failed to participate on the bounties again.
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tranthiky
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March 22, 2019, 04:21:06 PM |
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Dumping always occurs after the token is listed. It is inevitable. Only a few projects are considering buying a large number of tokens on exchange. I absolutely believe that bounty hunters are not the main cause of dumping
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der_troll
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March 22, 2019, 04:23:40 PM |
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It is a good point and it would definitely protect projects token from dump, but a much simpler reason is to pay bounty hunters with other coins or tokens or maybe even with stable coins, but not with ICO token. This guarantees the happiness of bounty hunters and a good price for token at the first exchange.
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tranduong123
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March 22, 2019, 04:37:53 PM |
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There are always people who want to dump, and there are always people who want to buy the cheapest price, so the dumping is inevitable.
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Little Mouse
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Marketing Campaign Manager |Telegram ID- @LT_Mouse
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March 22, 2019, 04:45:29 PM |
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I think it's not because of the normal dumping. The market isn't so good nowadays. It can really destroy a project if bounty hunters also dump. That's why DEV team aimed to share bounty rewards later. I think that's a good decision from the team. It will also give more profit to hunters at the end.
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Mimi Peri Rapunchelle
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March 22, 2019, 04:54:42 PM |
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I think Locking bounty hunter tokens are not useful at all avoid dump dump will definitely occur made by a bounty hunter because they are very thirsty with money
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rosezionjohn
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March 22, 2019, 05:36:47 PM |
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What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters The reversal of roles --- Many of these ICOs foolishly thinks that some of their investors really care about their projects so they do everything to "protect" them by locking bounty rewards. They think investors will keep on buying to drive the price up.
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Forbiddenone
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March 22, 2019, 05:43:32 PM |
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It is not true but in some of the cases when bounty is high there is chance of dumping but from last few years bounty hunters are not capable of dumping that much as as the coin hit big holder manipulate it according to their need and generally going to good exchange has become difficult thus now dumping credit goes to big holder whether they are investor or someone from bounty Hunter who make multiple accounts for bounty.
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Caladonian
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March 22, 2019, 05:53:34 PM |
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I think it's not because of the normal dumping. The market isn't so good nowadays. It can really destroy a project if bounty hunters also dump. That's why DEV team aimed to share bounty rewards later. I think that's a good decision from the team. It will also give more profit to hunters at the end.
There's always the other side of it, if developers are thinking or caring about their projects, they should allocate enough funds to support the barrier of their coins inside the exchange, it's not the bounty who can create big dumped, either big investors or developers itself can make a huge dumped to have big impact, bounty only got small percentage of the actual distributed coins.
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xvids
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March 22, 2019, 06:07:43 PM |
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I don't think that it would help them to keep their price. Like I always say we bounty hunters just have a small part of the whole supply and that small part is also divided into the number of participants and types of campaigns. Do they think that all of us would dump our reward at the same time? There are some bounty hunters that holds their reward for the future not all of bounty hunters dump their hard earn reward when it gets listed on trading site.
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Anyobsss
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DeFixy.com - The future of Decentralization
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March 22, 2019, 06:09:50 PM |
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So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction. Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash. Dump is inevitable lol. After they release the token lock, bounty hunters will still dump it. The best way to avoid dump is to just pay bounty hunters in eth or btc so they will not sell the token and resulting to dip.
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Chicky213
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March 22, 2019, 06:10:01 PM Last edit: March 22, 2019, 06:20:55 PM by Chicky213 |
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It is not always the bounty hunters that contribute to token dump but sometimes they play a big role in dump. I have participated in project that was trading before the bounty token was shared. Surprisingly, just as the token got shared, there was a huge dump in price and the bounty hunters who got a big amount to token felt they should dump. But it's wrong and unfair to see bounty hunters as the main reason for token dumping.
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Viceroy
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March 23, 2019, 11:01:26 PM |
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Locking bounty allocations is a sign of a bad project team. Such decisions only worsen the position of the coin.There are many ways to prevent dumping.
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bittick
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March 23, 2019, 11:16:18 PM |
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So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction. Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash. Dump is inevitable lol. After they release the token lock, bounty hunters will still dump it. The best way to avoid dump is to just pay bounty hunters in eth or btc so they will not sell the token and resulting to dip. Even without bounty, if the coin is just as worthless as dust having no other utilization or functionality the investors will always cashing out rather than bag holding. I've seen so many projects that are being dumped by their own investors and that sucks.
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Xalata
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March 23, 2019, 11:19:58 PM |
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It's quite wrong when i see that dumping off cryptocurrencies is only attributed to bounty hunters but not investors. I have been an investor of a project before and with how things were going i had to cut my loss on a project so i dumped the coins and left off. I think one thing that would really help to prevent dumping is to cut down the bonus offered to investors during ICO and also distribute bounty tokens in batches or proportions.
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Sab11
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io.ezystayz.com
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March 23, 2019, 11:25:22 PM |
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So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction. Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash. if thier project is good they dont mind if the bounty hunters and investors will dump thier hold coin because they will countinue the good proggress of thier project they dont waste money to buyback to maintain the goodprice, because they know that if their project will become better to price also will get better, dont depend only on the price depend on the proggress of project.
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simpelplan
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SmartFi - EARN, LEND & TRADE
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March 23, 2019, 11:29:11 PM |
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I strongly agree with that, if indeed they believe in the potential of the project and their coins, they will not lose buying their own coins because if their coins are good then they will make big profits and will make the seller regret what they have done. even this can prove to be a team to respond to people who doubt the potential of their projects and coins
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crzy
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March 23, 2019, 11:34:56 PM |
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I strongly agree with that, if indeed they believe in the potential of the project and their coins, they will not lose buying their own coins because if their coins are good then they will make big profits and will make the seller regret what they have done. even this can prove to be a team to respond to people who doubt the potential of their projects and coins
Locking it is really not a good way to prevent the price of dumping, its better if they will continue to improve their project so it can be more worth it than what bounty hunters is expecting and for sure they will regret it. The price may dump but it will recover as soon as the investors realize their value.
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Juse14
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Duelbits
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March 23, 2019, 11:37:26 PM |
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Developer always blame to the Bounty Hunter because the token price was dumping from ICO price. i also have some project and the distribution takes to 10 month, and guess whats ? the price its still dumping just like other shit project.
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