ultrloa
Legendary
Offline
Activity: 2870
Merit: 1258
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March 22, 2019, 01:37:59 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. Investors dumping their tokens more faster than the hunters so the team should try to lessen the dump from the investors by making some strategy and if they don't want to dump from tokens they should avoid locking their payments by paying on other crypto currencies. Correct the major dumper is the investors since they are the one who receive their share first and been earned more percentage on their initial investment when their tokens nor coins get listed on exchange and bounty hunters is just a secondary with that things. And would also rather agree for paying in other forms of payment since if companies will do that they will minimize the panic selling and regain their price more easier.
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Babbylily1112
Jr. Member
Offline
Activity: 247
Merit: 1
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March 22, 2019, 01:44:53 PM |
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Locking of token to avoid dumping I have come to see it as a child's place, infact it even intensifies the urge to even dump as the token has been locked for quite a while and this dumping comes more from the investors side
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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Darker45
Legendary
Offline
Activity: 2702
Merit: 1912
Crypto Casino and Sportsbook
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March 22, 2019, 01:55:26 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 a certain project is going that far in order to avoid possible dumping, that means the project is somehow weak. At least, that is how I look at it. If a certain project is confident enough of its product and how it is being promoted as well as the partnerships they have sealed, they should not be worrying too much on a very tiny fraction of their token supply. After all, not every bounty hunter is going to dump their coins. I, for one, always give enough time for projects to reach certain significant milestones and prove their worth. And then of course, if their coins has a promise to offer to investors by way of their products, by the time they hit the exchanges, instead of dumps there will be pumps.
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iyah adrian
Member
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Activity: 574
Merit: 10
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March 22, 2019, 01:56:53 PM |
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Most projects seem to do this or do not delay distribution to avoid a dump. Indeed, most people blame the bounty hunter for a dump. That is actually true and neither is it wrong. Indeed, most bounty hunters sell their tokens from bounties at very cheap prices. Therefore dumps often occur.
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Sebas.tian
Full Member
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Activity: 2142
Merit: 176
Hire Bitcointalk Camp. Manager @ r7promotions.com
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March 22, 2019, 02:06:50 PM |
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They should lock a certain percentage of a users holding for a given, investor or bounty participant, to avoid the excessive dumping.
I hope investors should stop pinning the blame on the bounty hunters for the dumping of their token. Only a small percentage of the total circulating supply is allocated to the bounty and majority of it are to the investors so it stands to reason that it wouldn't affect much the price if the hunters decide to sell.
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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March 22, 2019, 02:09:35 PM |
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Locking Bounty Rewards To Avoid Dumping
There should be no need for that. If something like that is needed that means that bounty rewards were way to high and people got way to many tokens for free.
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Buntel168
Full Member
Offline
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
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March 22, 2019, 02:16:56 PM |
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Token for bounty only arround 3% - 5% from total supply token so i don't think hunter will make price dump. Price dump depending on the development and results of the work of the team in the project itself.
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Mpamaegbu
Legendary
Offline
Activity: 2814
Merit: 1226
Crypto Casino and Sportsbook
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March 22, 2019, 02:19:52 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. Next time, let's have the name of the project/coin so that the community would know what it's dealing with. It's however important to note that locking coins down after release has never presented dumping. What it does is delay the dumping. People will always sell off for specific reasons and these reasons will always be reasonable to them. Notably, selling off or dumping is never a crime. Sometimes, it's the team that dumps. I have had a first hand experience of this and it was very annoying.
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Nggedebus
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March 22, 2019, 02:46:17 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. That is an unfair stuff to do, even the bounty participant has the right to sell their coins after their hard work promoting the project, but they should also need to be able to consider the time when they sell the reward coins that they get
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xianbits
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March 22, 2019, 02:53:19 PM |
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The team mostly holds bigger number of tokens than bounty hunters as a whole so it is just right to ask the team to lock their tokens for a certain time. Anyway, it is their project and it should be the team who should believe more on the project than anyone else.
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tippytoes
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March 22, 2019, 02:58:21 PM |
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Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.
And also consider the fact that the amount of tokens given to bounty hunters is very small compared to their share. Even if they dump, the price should not be significantly altered by these hunters. The truth is, they are just looking for an excuse for this price drop. If they have valuable product to begin with, there will be price increase instead of this price crash.
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GatotKaca
Sr. Member
Offline
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
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March 22, 2019, 03:10:22 PM |
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yes we should lock the gifts we get, and not immediately throw them away when distributed. indeed the current market situation is difficult to accept because the price is quite low so it is not as expected. but that doesn't mean we have to throw it away. if you have good potential it's better to keep holding it.
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Bitbtc8
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March 22, 2019, 03:10:31 PM |
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The most effective way to stop coins or tokens from dumping in price is the 'buy back' move from the teams themselves ,locking won't actually give any coin or token stable price and can't stop it from dumpers either ,the ball is in the teams court,if dumping crash there token price its not the dumpers faults ,it depends entirely on the team
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bountylayomi
Copper Member
Newbie
Offline
Activity: 234
Merit: 0
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March 22, 2019, 03:23:10 PM |
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If locking the bounty hunters token is the only strategy that is being put in place, am sorry to say, it won't make any difference. A sustainable strategy should be put in place to avoid dumping of tokens by even the team, advisors.
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aioc
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March 22, 2019, 03:26:06 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.
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gensol
Jr. Member
Offline
Activity: 714
Merit: 3
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March 22, 2019, 03:31:51 PM |
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Of a truth, there's no point locking people's tokens this people worked for it and they should be paid for their time. You agreed to pay them why lock their tokens at the end of the day.
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dimox
Legendary
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Activity: 1610
Merit: 1003
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March 22, 2019, 03:37:23 PM |
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dump is not only bounty hunters fault, there are many investor dump it price so they can make profit fast as they can. and dont forget if team can decide where the price go. there are many token still have high volume because of team. and then its not fair if bounty hunter token locked by team. investor get all they want and bounty hunter get trash at the end.
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cp_underground
Member
Offline
Activity: 191
Merit: 10
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March 22, 2019, 03:45:28 PM |
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Yeah you know almost all people think that bounty hunter is cause price down. I can see why dev lock bounty pay because priority is an investor not a bounty hunter.
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masterrex
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March 22, 2019, 03:49:40 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. You know the issue of dumping is not only a problem to blame Bounty hunters many complicated factors may cause the dumping even the early sale participant that gather huge bonuses can also cause the dumping of coin/tokens that resulting to dump the token price. The real deal is if the token has its own purpose and true use case it will not dump unless it was a shitcoin. im a favor on quarterly distribution on Bounties if needed.
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Tosyn2
Member
Offline
Activity: 566
Merit: 10
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March 22, 2019, 04:02:35 PM |
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I have always said this, it is not the hunters fault for dumping but even some hunters blame themselves for dump which is bad.
Anyways you are right to some extent but this is not always true. Some bounty hunters do not care about the worth of bounty reward. As long as they can get some few cash from it, they are okay, however there are still some but few bounty hunters who hodl.
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