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Author Topic: Why blame people for your failure?  (Read 10267 times)
giletto
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April 27, 2019, 09:07:07 PM
 #41

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.


That is actually one of the characteristics of failures, they blame people for their looses. No matter how much you believe a crypto evangelist, you should never forget to do your own research and have preferences too. I myself can't invest in projects with over 20 percent bonus to investors and over 40 percent of tokens available for crowdsale


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April 27, 2019, 11:21:14 PM
 #42

I think those who think or say that bounty hunters are the cause of dump of coins, should try looking into projects that gave not paid bounty hunters, but have started trading, you will notice the rate at which they dump.
I know you will not but wonder how people think and the next they come up with is to sell at loss.
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April 27, 2019, 11:53:14 PM
 #43

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.

Yeah this is the sad reality when it comes to bounties and we bounty hunters are blamed for dumping our tokens even when the world knows how much we only have received from the bounty program. Investors did more devastating effect when they are going to dump because they have the much higher percentage of tokens compared to those bounty allocation. They even say that bounty hunters has to undergo KYC and funds will be freezed so that we can't dump on exchanges. Are you kidding me? Isn't it unfair?

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April 28, 2019, 05:53:31 AM
 #44

That is a well said statement its true that most of the dumping is caused by investors, only small part of the bounty hunters contribute the dumping, but I think the bounty hunters allocation usually is more than 5% and people need something to blame when something is going wrong and the bounty hunters will be an easier target for that
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April 28, 2019, 06:38:32 AM
 #45

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.

I think the best solution possible in order to fix that issue is to provide a salary fixed to their developers and team. I wonder because they are actually working on the same building and I don't think that they are so far away to use their token as a payment for the job or salary. They should have a better hiring process as well.

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April 28, 2019, 07:51:57 AM
 #46

I agree with you but this investors keep blaming it all on bounty hunters, i think this project offer this investors too much bonuses and the project don't list on good exchange so when the token is listed the investors try to sell as soon as possible so as to make enough return from their investment , thats why i wonder how 1% of bounty would dump project
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April 28, 2019, 07:58:54 AM
 #47

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.

Sometimes project team itself selling their tokens to make profits but holding the hunters rewards to restrict from price dumps. Roll Eyes

We can't do anything about it,if there is no bounty hunters then the chances of ICO to be successful is less so who is on the upper hand.Lets decide what we have to do guys.

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ivaf
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April 28, 2019, 11:29:47 AM
 #48

I fully agree with the author of the topic. Bounty hunters cannot affect the price of a coin. The bounty reward is quite small (as a rule, 1-2% of the total number of tokens). With such a volume it is impossible to influence the market!
Thus, I consider that all the accusations against the bounty hunters in the collapse of the price are groundless.
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April 28, 2019, 12:21:10 PM
 #49

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's a very long argument if bounty hunters are the one really dumping those coins, and we have a solid proof that it's not bounty hunters because of their stakes that are so small that it will not have an impact in the market, whales just come and go to the project and them likely to invest if they see a big bonus, just do the math and we'll see that whales have a hand on this.
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April 28, 2019, 01:07:31 PM
 #50

Why blame others for your failure? You must accept your failure in order to grow and you need those failure to gain some experiences about life especially losses in your life. Just like for example when you are playing a crypto casino when you lose in a gambling way of earning money, don't blame others because it is your decision to play some games in order for you to earn more money. Don't blame others because of your failure to do so.
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April 28, 2019, 01:09:27 PM
 #51

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.

I agree with you mate ! It really not necessary to blame bounty hunters for the dumping of tokens for the reasons that the amount of token allocated to bounties are usually below 5%, in this case there is no chance that the price of token will be affected unless there are some other holders of that token that sell theirs aside from bounty hunters. And at the first place, bounty hunters are the ones who help the ICO more successful in the way of promoting.

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April 28, 2019, 01:17:19 PM
 #52

I would say that the 5% allocation is overly generous. Most only offer around 2% of the tokens sold at ICO and only half of those would be dumped by the bounty hunters, others might choose to hodl for better returns

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April 28, 2019, 02:19:54 PM
 #53

The thing is that people probably simply cannot do this without it, because they are not ready to take responsibility for themselves, and I think that it is for this reason that people begin to blame the environment, this is how it looks today, but this is clearly not good.
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April 28, 2019, 02:26:46 PM
 #54

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 very common to always see people shifting blames when something is not working for them. Even if the bounty hunters dump, for a good project, there will always be people buying back from the hunters and as such the project is not supposed to crash as a result of that.

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April 28, 2019, 02:59:49 PM
 #55

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.

That's what I often hear too, when a dump occurs and always the bounty hunter is definitely blamed, somehow it happened. What you think about is the same as mine. Investing in a project certainly gets a bonus and the amount can also be said to be large. If a dump occurs, please don't blame anyone. Because that's the crypto market, anything can happen. Can it be a dump or pump.

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April 28, 2019, 04:24:11 PM
 #56

Anyone to blame is a completely ungrateful business. The number of tokens distributed for participation in the Bounty - company, especially cannot affect the quotations on the stock exchange, if the project team and large investors do not participate in the deliberate collapse. Therefore, bounty hunters are to blame for everything that happens last.
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April 28, 2019, 04:29:25 PM
 #57

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.

The other reason mostly people who invested in the ICOs and IEOs projects they are not investors, they just the employee mentality which want get rich in cryptocurrencies, even they don't know anything about the basic knowledge about the investment, so when they have failed in cryptocurrencies will be easy to blame other people than learn more about the investment in cryptocurrencies.

I am financial independent of cryptocurrencies
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April 28, 2019, 04:34:23 PM
 #58

just put blame on bounty hunters, they dont know when bounty hunter help the developers promote their project to get investor, when the prices drop after listing the reason not just cuz bounty hunters, its can some people want profit with short term so they sell it
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April 28, 2019, 04:51:30 PM
 #59

I do not think its the sudden dump on new tokens that really destroys the value, that drop should be expected after all if you are giving people away money that is literally free than they will be selling it for sure, the problem is what happens afterwards. For example if a coin starts out and than it gets down because of the dump however manages to slowly recover and eat up all that sell orders and than go back to what it used to be and than even much more after that it means its a good coin.

Moreover, if it drops than it stays like that and even go lower because people lose faith in that coin than I am sorry but it kind of deserved to be there to begin with. Its not the dump that kills the coin its the activity and the amount of work the team puts into recovering from the dump.

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April 28, 2019, 05:25:04 PM
 #60

It is not only the bounty hunters. If you manage to understand what is going on you'll see how much for the bounty hunters the tokens that they already claimed. They are holding it. They spend their time in promoting project so that they are waiting for it to increase. Many of the people didn't understand that.
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