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Author Topic: Why blame people for your failure?  (Read 10186 times)
odukoyaewatomi27 (OP)
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April 27, 2019, 01:42:51 PM
Merited by Mighty_crypt (1), olabiyijummy02 (1)
 #1

I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

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April 27, 2019, 01:47:36 PM
 #2

This has been tackled before and you can't stop those people to blame bounty hunters for their losses. They tend to blame anyone that they want because of the losses that they are already making. It's the sad truth that whenever something bad happens to you, you tend to blame someone with your misfortune. Yes, allocation with bounty hunters are too low to think that they are the reason and cause for a tokens dumping. The eye has been set for them and ignoring those developers that holds the largest allocation.

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April 27, 2019, 01:51:08 PM
 #3

Yes you are right the biggest reasons for dumps are the tokens given to team members and developers by the owner of the project and secondly the big bonuses to the early and big investors they just sell to take out their seed money as soon as possible.

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April 27, 2019, 02:12:51 PM
 #4

Tokensale bonuses is a very bad idea and it's the most dangerous way to make a coin or token lose value, the fault is really not from bounty hunters ,its from the developers themselves
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April 27, 2019, 02:19:29 PM
 #5

Blaming the bounty hunter, I think it's a very bad thing. Prize hunters have a positive influence because they help promote your project. And sometimes this bounty hunter becomes an investor. So I agree if they have to stop blaming the bounty hunter.

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April 27, 2019, 02:28:11 PM
 #6

It is what people do, blame everyone else but themselves. What you are saying is accurate. It does not help that bounty hunters are dumping their tokens the minute it is available in exchanges but they should not be blamed. Bounty hunters did their job and they deserve to get the money they deserve. If the project is solid, it should not be a problem. They can easily recover it from new investors.
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April 27, 2019, 02:33:08 PM
 #7

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April 27, 2019, 02:35:09 PM
 #8

You are very right, most project team just keep blaming hunters for spoiling their token price, meanwhile some of this team are the one dumping 35% of their token and spoiling the price on exchange site before even distributing reward to hunters.

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Davian144
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April 27, 2019, 02:35:44 PM
 #9

Tokensale bonuses is a very bad idea and it's the most dangerous way to make a coin or token lose value, the fault is really not from bounty hunters ,its from the developers themselves

Usually the bonus applied to the tokensale is to increase the interest in the coin for the sake of increasing buyers, even though in fact it is very dangerous for the price of the coin itself, only the developer must also attract interested parties to coins that are in tokensale.
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April 27, 2019, 02:48:44 PM
 #10

First of all, most assets are not secured. Applications do not work, there is no infrastructure, almost no marketing. It is foolish to make a listing of coins on the stock exchange, if they are not in demand. And then we can talk about investors and bounty hunters.

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April 27, 2019, 03:04:40 PM
 #11

I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.


this is the reality, there are still many people who blame the bounty hunter. even the development team itself sometimes blames bounty participants, they actually know that dumps are caused by investors. imagine me only with an allocation of less than 5% and maybe each participant gets the most 0.005%. isn't that very unlikely.
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April 27, 2019, 03:07:11 PM
 #12

if they blamming bounty hunter when their token / coin dump thats absolutely wrong

how can 1% - 5 % from total supply give effect of total 100 % supply
its totaly their team failure can't handle the dumper
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April 27, 2019, 03:16:11 PM
 #13

This has been tackled before and you can't stop those people to blame bounty hunters for their losses. They tend to blame anyone that they want because of the losses that they are already making. It's the sad truth that whenever something bad happens to you, you tend to blame someone with your misfortune. Yes, allocation with bounty hunters are too low to think that they are the reason and cause for a tokens dumping. The eye has been set for them and ignoring those developers that holds the largest allocation.

I agree with you, they shouldn't need to blame others. the only reason why there is a dump is that project, if they can convince investors it won't dump on the market. but unfortunately developers like not caring about development after the coin has been listed on the exchange.

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April 27, 2019, 03:16:27 PM
 #14

Indeed people blaming anyone for their lose, because this is how most people feel and they always try to find someone who can blame for their loses, but indeed 5% of coins should not affect the price so much maybe the project is not good and this affect the price.
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April 27, 2019, 03:16:48 PM
 #15

I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

It is a common accusation, I have even seen it made on projects were the coins got dumped and the bounty tokens had not even been distributed. The biggest cause of coin dumping is people who got large discounts in the presale or private sale. As a rule if coins have been offered at a discount greater than 10% without incurring a hold period I won't be buying them.

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April 27, 2019, 03:26:24 PM
 #16

It is not the bounty hunters who let their projects to fail because most investors and developers are the ones who dump first before the project even start to manage to recover. And they can't blame those bounty hunters to dump too since they were doing their best to earn some profit which most of them doesn't really get a profit when most projects fail and their hard work has gone to nothing.

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April 27, 2019, 03:28:06 PM
 #17

Like people used to say 'lame people blame people' the moment you start putting your blames on others it will be hard to prosper ,learn to take your blames so that you can work on your mistakes and fix them,when you wrongly picked ICO projects to promote just take heart and find better ones ,either its developers fault that dumps first or others
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April 27, 2019, 03:40:53 PM
 #18

      We, bounty hunters will always be guilty of their mistakes. Most of the project coins are reserved for the team. The role of reward hunters is very important because they help promote the project and thus normally increase the price of the coin by finding potential investors.
The amount of coins allocated to reward hunters is between 1-5%. So, not the bounty hunters are to blame for the price of the currency drops after listing. Only team members are to blame, because investors do not trust the project.

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April 27, 2019, 03:50:08 PM
 #19

Tokensale bonuses is a very bad idea and it's the most dangerous way to make a coin or token lose value, the fault is really not from bounty hunters ,its from the developers themselves

Usually the bonus applied to the tokensale is to increase the interest in the coin for the sake of increasing buyers, even though in fact it is very dangerous for the price of the coin itself, only the developer must also attract interested parties to coins that are in tokensale.
It's true what you say, but at least, their team can anticipate everything that will happen, like a drastic drop in prices, some teams must help keep prices from falling too far by buying it back, it might be very helpful so that the price of their tokens can last a long time. looking for who is wrong will not solve the problem of falling prices  Cheesy
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April 27, 2019, 03:58:54 PM
 #20

The majority of our community still does not understand that the main reason for the token dumping is the lack of marketing and good team decisions. Hunters are not dumping a coin by -25x from the ICO price.
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