guffie
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March 29, 2019, 07:59:18 AM |
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Actually, there is no need to blame the bounty of the hunter. Because they match what they do and they get tokens. Then when the coins have entered the Exchange, it is very natural if they are ready to sell coins. If coins have a solid development team and prices have the potential to grow. They will definitely hold coins.
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Olatunjex
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March 29, 2019, 08:43:20 AM |
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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. These days team tend to have this belief that token price are dumped by bounty hunters which is wrong, what i observe personally as a person is bear market there are no enough demand in the market which is putting pressure on the price of the token. Also the team are not doing enough to promote the value of the token.
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overnight03
Member
Offline
Activity: 308
Merit: 10
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March 29, 2019, 08:56:29 AM |
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I think to lock the bounty rewards to avoid dumping of its price is not necessary at all. Because bounty allocations is only a small amount of percentage, unlike for those who invest, they can possibly dump the price if they sell right away after listing.
If the project has many investors interested, the project's token price will increase but some projects are not good and the team is not strong, they often blame the bounty hunters that really is not true because bounty hunters only receive a small percentage of tokens
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coinbirds
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March 29, 2019, 11:23:03 PM |
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I think locking bounty rewards is a bad idea as restrictions can have the opposite effect of what they want to achieve. Motivating hunters as such exchanges doing during the listing period is a better idea. (locking tokens for a certain period and being rewarded for it -candies)
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Gabali126
Jr. Member
Offline
Activity: 322
Merit: 2
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March 29, 2019, 11:27:03 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. I think this will be quite a laudable idea. It will help to protect the real investors from losses their investments as the price of the token will be within the ICO price.
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starblocks
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March 30, 2019, 12:25:32 AM |
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Lots of ICO investors are just looking for a quick flip and will dump impatiently if there's no increase in value after an asset lists on a secondary market, and there's also larger investment groups who purchased during the private sale and pre-sale rounds who don't always have their holdings locked for a period of time who can contribute to lower prices, but sometimes this can be a great buying opportunity just ensure the project has a strong use case and long term viability
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jademaxsuy
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March 30, 2019, 12:30:35 AM |
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This is there way of preserving the token liquidity and it is seems effective because the market price of a token after it will be listed will not be undervalued in terms of its liquidity. There are good things on this so even if I myself would do this to protect the project and smoothly implement it first to create more demand prior to unlock bounty rewards and that only includes investors also.
This is for.the good of the investors and for the bounty hunter so.instead of complaining about it why just be patient and do another bounty hunting at other projects and consider the rewards token as an asset.
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TelolettOm
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March 30, 2019, 12:40:09 AM |
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The bonus that is too large in my opinion is also a factor that has made the market today also decline and for me there must be a change to be able to get that profit, because we know that many get losses
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princeyeboah
Member
Offline
Activity: 714
Merit: 14
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March 30, 2019, 01:24:24 AM |
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Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.
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andika2018
Member
Offline
Activity: 700
Merit: 10
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March 30, 2019, 01:34:11 AM |
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Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.
Agree, many reason why the price of token down. Its not about bounty hunters, sometimes early investor dump their token because they had big bonus when join in private sale. Its about the project and if the project worth to hold for long term, i am believe hunters wont dump it at cheap price
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ariyzt
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March 30, 2019, 01:49:48 AM |
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actually locked coin / token from reward bounty is good and the team should work on the price and keep it stable until the token unlocked the problem when the market volume or buy order can't handle the sell order from bounty hunter
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sctunter
Member
Offline
Activity: 406
Merit: 11
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March 30, 2019, 01:58:13 AM |
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true. locking isn't the good way to avoid dumping from the bounty hunter the fact is bounty hunter just holding like 1% or 2% from total supply so the real dumper is the hit run investor
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Litzki1990
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March 30, 2019, 01:58:27 AM |
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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.
Your probably correct at what you said that is not the bounty hunters are being blaming for the prices dump, when you look at the distribution only 1 to 5 percent for the bounty allocation and the big allocation goes to the team and investors.
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Commitments
Member
Offline
Activity: 532
Merit: 10
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March 30, 2019, 01:58:53 AM |
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Always not fair with many ICO team fault with bounty participants, you have think without bounty participants how come make your project know by all investors around the world, always have positive think with bounty participants.
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Serco
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March 30, 2019, 02:01:27 AM |
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Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.
Agree, many reason why the price of token down. Its not about bounty hunters, sometimes early investor dump their token because they had big bonus when join in private sale. Its about the project and if the project worth to hold for long term, i am believe hunters wont dump it at cheap price unfortunately most of people blame bounty hunters.but that's not totally wrong in my opinion,sometimes private sale contributors did it.if developers team didnt lock the bonus they sold it first at market.
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jumiapaul
Copper Member
Jr. Member
Offline
Activity: 336
Merit: 3
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March 30, 2019, 02:02:32 AM |
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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. Most of the massive dumps are executed by the team members and advisors, but the bounty hunters are blamed for the dumps. Its nice to know that the bounty hunters have been vindicated in this scenario. I'm in full support of your view as regards the locking up of rewards. Let the team lock up their own rewards which is always much more than the bounty hunters and establish a scheme to cushion the effect of the dumps.
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pamsugas
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March 30, 2019, 02:16:17 AM |
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Always not fair with many ICO team fault with bounty participants, you have think without bounty participants how come make your project know by all investors around the world, always have positive think with bounty participants.
just locking friends, bounty will also be able to feel the results of his hard work but prices in the market must be stable first so that prices do not fall and cause investors to panic then they sell all the coins.
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sctunter
Member
Offline
Activity: 406
Merit: 11
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March 30, 2019, 02:18:35 AM |
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joined odem bounty and the team really work well to avoid the dumper they release the coin on big exchange with mininum trade $10k the bounty hunter can't even touch the market so they sell coin /token to alternatif market like etherdelta , forkdelta
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Dayan1
Full Member
Offline
Activity: 388
Merit: 100
All-in-One Crypto Payment Solution
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March 30, 2019, 02:24:22 AM |
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Yeah it should be the teams share and why to blame hunters. They work for it within months, the difference is hunters invested their time and investors invest their money. Both have equal rights to sell anytime they want, really dont blame them because the main reason why the token dump, was from the team, lack of ability to manage the project within the situation.
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stefany101
Full Member
Offline
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
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March 30, 2019, 02:28:13 AM |
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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. I also encountered a bounty campaign which the management team locked up the bounty rewards given to the bounty participants when their token is listed on crypto exchange/s to avoid massive dump and there are too many bounty hunters who complain about it. For me, it is better for the management team not to locked up the bounty rewards but to limit the quantity of selling of bounty rewards each day.
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