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Author Topic: Locking Bounty Rewards To Avoid Dumping  (Read 1944 times)
UNOE
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April 12, 2019, 05:44:47 PM
 #321

I don't think the biggest reason of dump is bounty. Teams are selling private investors tokens too cheap compared to public sale and they are mostly paying all freelancers with their tokens. Bounty tokens have an effect but compared the things i mentioned above, it is just a bit.
I agree with you... Also, I think that many bounty hunters which believe in project for which they are doing bounties, will always have an eye on that project to buy even more coins or tokens at good prices.

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April 12, 2019, 05:52:17 PM
 #322

Locking of bounty token can never prevent dumping  and if for any reason the 5oken must be locked why that of bounty hunters alone,  what of the investors token or am been made to understand that investors doesn't  dump their tokens. 

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April 12, 2019, 05:55:42 PM
 #323

A good project will stand tall irrespective of the tokens been distributed to investors and bounty hunters. When a token dumps its either the developers are not doing their jobs or the community is not strong enough to assist the the project. Token dump has nothing to do with bounty hunters and i wish the team can read my mind.

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April 12, 2019, 06:14:40 PM
 #324

A well grounded project need not worry about locking of bounty reward. There are some projects that have done better even even with distribution of bounty reward and some have done worse even without distributing the rewards for bounty. In essence bounty hunters really do not have effect on price dumping. If they think otherwise, then they should pay in ethereum or bitcoin

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April 12, 2019, 11:53:18 PM
 #325

I do not understand how locking a bounty thread  can even affect anything at all. Reports are sent to the bounty branch, even after the bounty has ended, what prevention of price fall can we talk about ...

LOOOOL, locking the rewards not the bounty thread, bro!  Cheesy Cheesy
You gave me a good laugh.  Cheesy

Price of the token won't be affected in any way if their bounty thread is locked, OP meant locking the bounty tokens sent to bounty hunters to prevent a dump because they can't sell for a fixed time after they received their rewards.

I think it was just a confusion, does it make more sense to you now after my explanation?
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April 13, 2019, 12:25:11 AM
 #326

A good project will stand tall irrespective of the tokens been distributed to investors and bounty hunters. When a token dumps its either the developers are not doing their jobs or the community is not strong enough to assist the the project. Token dump has nothing to do with bounty hunters and i wish the team can read my mind.

I am agree. I think token dumped by bounty hunters not giving a big effect to the price if the project worth to hold for long term. Investor prefer hold the token or coin as long the project runs and produce a working product. But the idea locking bounty reward in certain time is good

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April 13, 2019, 01:13:05 AM
 #327

Hunters who receive a token number are only 3% -5% of the amount sold by the ICO. The drop in prices is not due to bounty hunters. The problem is that management and working groups are not good and the market is now larger than demand
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April 13, 2019, 01:15:04 AM
 #328

I believe this post is very accurate on a lot of notes because bounty hunters generally do not get over 3 to 5% of the total budget of the project so it is absurd to think that this 5% is responsible for dumping the price of the tokens or coins on the exchanges.

Most of the time they are other values responsible for this such as excessive bonus given out to private investors the allocation to the team and advisers as well with no lockup.

No lock up of team and advisor tokens mean that, this group of people can decide to dump their tokens on the exchanges in large amount without any oversight.

Like it has been stated in this post, there are more realistic ways of avoiding the price dump which includes a buy back procedure, trading competitions, loyalty programs and others like that and also most importantly locking team and adviser tokens.

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April 13, 2019, 01:31:23 AM
 #329

Hunters who receive a token number are only 3% -5% of the amount sold by the ICO. The drop in prices is not due to bounty hunters. The problem is that management and working groups are not good and the market is now larger than demand
dumping make investors psychology disturbed too.moreover if developers team could not deliver product in near future , maybe following dumping token could safe them from unvalue token latter.


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April 13, 2019, 02:02:54 AM
 #330

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  Grin
Theres a same occasion that i have joined in telegram that the team Freezes the bounty for 6 months to avoid necessary dumping but as expected the price dumps more lol
Quote
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.
There’s no locking that must happen,because the successful projects will progress even the hunters dumps all their bounties
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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 they must find investors,lure them because of the project goodness and if this not happens so it only means the project is not worthy of trust
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April 13, 2019, 03:30:02 AM
 #331

dumping make investors psychology disturbed too.moreover if developers team could not deliver product in near future , maybe following dumping token could safe them from unvalue token latter.
should investors already know the plan made by the team. If the initial time is listed at the exchange of experience the dump. investors should stay calm because of the already existing roadmap, and investors certainly know if dump is happening will do what.

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April 13, 2019, 03:57:36 AM
 #332

This is really funny but most times it is done by the distributing team,i have followed some projects and I noticed that even without bounty distribution tokens, the price dumped so hard ,this can also be as a result of exchanges without volume., very easy for price to dump.

They stop saying hunters are the cause of dump, what allocation is even allocated to bounty that can crash the price?

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April 13, 2019, 05:12:02 AM
 #333

It never worked i see some projects that do the same but the tokens get dumped hard when it hits exchanges, well i don't know if the investors or the developers are the one who are dumping because bounty hunters payment are locked. I think a good solution is to put bounty tokens into vesting, this way only a small portion of tokens get by the bounty hunters every month and it will prevent dumping.

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April 13, 2019, 05:17:57 AM
 #334

It never worked i see some projects that do the same but the tokens get dumped hard when it hits exchanges, well i don't know if the investors or the developers are the one who are dumping because bounty hunters payment are locked. I think a good solution is to put bounty tokens into vesting, this way only a small portion of tokens get by the bounty hunters every month and it will prevent dumping.
I know investor nowadays is smart. If developer who dump their coins, it will be visible because all token can tracked and there will be a lot of people who mad at them  Grin. But my opinion is early investor that get coin/token in cheaper price and then sell all their coins and then change to new project.

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April 13, 2019, 06:29:55 AM
 #335

I think its a good idea. Actually some bounty campaigns already doing that kind of strategy and it has a positive effect on the value of the token. Most of the time when bounty hunter recieves their rewards, they sell it in a very cheap price. By locking their rewards, they have no choice but to wait for the price to increase. Also, they will realize that its worth holding their tokens.
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April 13, 2019, 07:04:55 AM
 #336

Locking bounty rewards does not solve the situation of dumping of cryptocurrencies as investors also can dump the token if they don't get to trust in the delivery of the team. Or if there is no product driving the value of the token from time to time it will surely dump.

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April 13, 2019, 07:08:44 AM
 #337

This is just waste of time for a project. Locking can't solve the initial problem because many investors will also dump and it depends on the quantity investors bought.only one investors can dump a coin and still worth what 100 hunters will dump.so I believe if project is good on its own dumping won't affect it alot. Project that stand will still stand even when there is mass dumping.

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April 13, 2019, 07:29:39 AM
 #338

Exactly what I think so many team behind many of these struggling projects should have adopt. Often time,  investors shift the blame all on bounty participants when in actual sense, it is the team that has failed woefully in puting the proper measures in place to prevent price crash as this  has become too rampant nowadays..

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April 13, 2019, 07:31:57 AM
 #339

This is just waste of time for a project. Locking can't solve the initial problem because many investors will also dump and it depends on the quantity investors bought.only one investors can dump a coin and still worth what 100 hunters will dump.so I believe if project is good on its own dumping won't affect it alot. Project that stand will still stand even when there is mass dumping.

Agree, if the project is good, i think developers team not worry about hunters dumping their reward. For real investor, if the project looks promising, when bounty hunters dump their reward, its good time for buying because sometimes the price in market below ICO price.
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April 13, 2019, 07:38:10 AM
 #340

I had been taking a part in Miracle Tele bounty last year and I locked(stacked) my bounty tokens at their site for getting biweekly reward for them.This is a very smart way to prevent bounty dumping.
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