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Author Topic: Why blame people for your failure?  (Read 10186 times)
letyouearn
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April 28, 2019, 05:37:28 PM
 #61

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.


There are several reasons of such dumps usually:
1) Bonuses for private sales, presales, pools etc.
2) Advisors and team salary paid in tokens.
3) Bounty/airdrops. How can 5% pool dump the token? Easily. Watch the volumes on the exchanges and you will see how this works. Bounty hunters are able to sell at any cost, they treat their salary as a gift. This situation can cause a dramatic dump easily.

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April 28, 2019, 05:50:22 PM
 #62

That topic has been discussed numerous of time now and anyone with little common sense will see it clear that bounty hunters have nothing to do with price dumping once token/coin listed on n exchange. In fact, the real reason is the huge bonuses that were given for investors to encourage them to invest these bonuses is crazy big, for example, in one project I joined before the bonus was 120% and that is the public bonus and we all know that there is come deals always happen behind closed doors with big groups that want to buy a huge amount I can keep on and on but ya I guess I made my case. Private investors and early investors can sometimes sell with 5% of the real price and still make a good profit so please stop blam bounty hunter and start to blame your stupid marketing and finance team that agreed on this crazy bonuses.
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April 28, 2019, 05:55:10 PM
 #63

Bounty hunters are not the causes of the dumping because 5% or 7% at most allocated to bounty hunters can't be lead to dumping of project but the major reason of this is cause by investors with huge investment because no matter how much they sell when the project is listed in exchange they will still make profit.
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April 28, 2019, 05:57:58 PM
 #64

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.


Because it triggers an illiquid market, imagine if a new launched ICO tokens have the same market cap with let said ETH, bounty hunter dumping their token will not making the prices crash.

Another note, people will tend to blame the other, cos the frustrated etc.
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April 28, 2019, 06:01:55 PM
 #65

That topic has been discussed numerous of time now and anyone with little common sense will see it clear that bounty hunters have nothing to do with price dumping once token/coin listed on n exchange. In fact, the real reason is the huge bonuses that were given for investors to encourage them to invest these bonuses is crazy big, for example, in one project I joined before the bonus was 120% and that is the public bonus and we all know that there is come deals always happen behind closed doors with big groups that want to buy a huge amount I can keep on and on but ya I guess I made my case. Private investors and early investors can sometimes sell with 5% of the real price and still make a good profit so please stop blam bounty hunter and start to blame your stupid marketing and finance team that agreed on this crazy bonuses.
Early investors and the team itself are the big factors of projects being dumped inside the exchange, they have the big influence as they always have huge numbers of tokens inside their wallets, seriously speaking 1-5% won't hurt the actual collected funds, so there's no sense even the hunters dumped all together, that's just small amount of tokens actual capital from the ico's.
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April 28, 2019, 06:50:27 PM
 #66

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.
Investors invest because of profit and it won't be stopped. The recycle will continue that investors will seek for projects that has the potential, what's that real potential? we all seek to have that project to generate potential profit for our money. And investors are bound to dump that project if they see that its market starts to shatter. As for the devs, there are good ones that stays to the project and longs to develop the most of it while some are just abandoning when they've earned enough and just create another one.

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April 28, 2019, 06:54:13 PM
 #67

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.

Because it is more easier to say that everyone is responsible for my failure, than who is really responsible for it. Everything what you do in your life depends on a time and effort what you give to it. If you invested and market crashed, then it is your failure that you didn´t predict it based on deep market research.  Cool

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April 28, 2019, 07:32:41 PM
 #68

Don't mind them, they always look for someone to blame for the failure of a project and the set of people to be easily blame are the bounty hunters. U have seen project before that delay paying bounty hunters, yet it dumped badly. As you mentioned in your post, what usually dump project most is the ridiculous bonuses that the team give during the private sale and presale.

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April 28, 2019, 07:42:33 PM
 #69

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.

Because it is more easier to say that everyone is responsible for my failure, than who is really responsible for it. Everything what you do in your life depends on a time and effort what you give to it. If you invested and market crashed, then it is your failure that you didn´t predict it based on deep market research.  Cool

Unfortunately it's true. No one wants to be responsible for their actions. Everyone is looking for the guilty. But this position causes only negative. Bounty hunters spread the word about projects and get pennies for it and at the same time they are considered the culprits of all troubles.
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April 28, 2019, 08:33:44 PM
 #70

 I do not think that bounty hunters are the main culprits of project failures. Most projects cheat bounty hunters and do not pay them earned rewards or pay very little.
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April 28, 2019, 09:24:46 PM
 #71

Naturally losers find a fault or someone to fault when they are at loss and that’s why they make more losses
Instead of learning from past mistakes and improve decision skills; they make more weird mistakes which leaves them blame again again and again

Crypto currency simply is not for people who wouldn’t learn

Don’t blame; learn and move on
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April 28, 2019, 09:30:19 PM
 #72

right. I also saw many people blaming bounty hunters. But they do not think that bounty hunters receive only 5%, but they have to do promotion for projects.

That is right not the bounty hunters are going to blame for the price dump because they have only small percent from the allocation and i guess the investors during the pre sale are the responsible for price dump because they got huge of bonuses from the ICO.
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April 28, 2019, 10:09:35 PM
 #73

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.


Do you know how many percent of the total number of project tokens are paid to bounty hunters? 1-2% maximum.
Do you think such a number of tokens can derail the price of a successful project? I think not.
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April 28, 2019, 10:15:30 PM
 #74

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.

Surely this is not good to blame other people because if you invested your money you were the only responsible for your profit or lose, try to manage yourself and never make mistake you will regert in future, joining bounty and signature campaign is good for you to join, I know now a day ratting is not so high but it will not take much time to recover.
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April 28, 2019, 10:35:36 PM
 #75

if someone says if the bounty hunter is the cause of the dump then I would say that person is very stupid or might not have any experience here

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April 28, 2019, 10:43:29 PM
 #76

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.
if calculated, the bounty hunter has an important role in changing the price of a coin. even if the total coins in circulation are so large in percentage. nothing can be blamed, this depends on the strategy of ourselves.
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April 28, 2019, 11:28:44 PM
 #77

The easiest is to blame bounty hunters for dumping instead of admitting that the project has no working product with real use case and active development.
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April 28, 2019, 11:35:52 PM
 #78

Indeed bounty campaign hunters have always been the scapegoat for every issue of price tokens that dump on the market. In my opinion, it is unfair because only bounty campaign hunters are considered to cause coin dumps on the market. It is true that bounty campaign hunters hold a percentage of coins that are not more than 5% so a dump is more likely caused by a 95% coin holder. We should not blame bounty campaign hunters because they are also very instrumental in making this project work well. They are the ones who have got many investors for the success of this project. As ICO developers, we should be smarter in achieving the causes that make this event happen.

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April 28, 2019, 11:50:03 PM
 #79

these are only common with projects that dont do well . so they try to give hunters the blame when price dips. but when a project is doing very well, no one will remember this.

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April 29, 2019, 12:23:19 AM
 #80

The easiest is to blame bounty hunters for dumping instead of admitting that the project has no working product with real use case and active development.

If the project are good and worth to hold, i think the will ignore the price. Many factors why investor or hunters dump their token and market condition is one of the reason. Beside that, the project itself is important to gain investor trust to hold, if worth to hold for long term, i am believe holder will not sell it at cheap price
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