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Author Topic: Stop Blaming Bounty Hunter!  (Read 9209 times)
vycl87 (OP)
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July 12, 2019, 06:43:42 AM
Merited by tk808 (3), Fundamentals Of (1), masulum (1), Duzter (1), dongosquad (1), tondenga2122 (1)
 #1

Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.

I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?

Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!
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July 12, 2019, 07:00:52 AM
 #2

Good point they cannot blame their investors because they will end up blaming themselves because they are giving a very high bonus percentage to their early investors, so they have nothing left but go to the bounty hunters, there are times that the coins are being dumped even though the bounty hunters have not yet received their shares.
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July 12, 2019, 07:12:11 AM
 #3

People often feel the need to blame others for situations where they are confronted with harm. Investors blame bounty hunters because they sell rewards from very low prices. But it may be the investors themselves who have caused the price to fall with the idea that Bounty Hunters will 'sell anyway' before the awards are sold. In this case, bounty hunters blame investors. A ridiculous paradox emerges and this process continues. So when does this get better? When people stop blaming others for things they don't like. Let's see if we can see those days.

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joseyphil82
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July 12, 2019, 07:21:53 AM
 #4

Bad projects are the ones that get rekt when bounty hunters sell off the little percentage of their token allocation ,if the project is very good enough 2-10% of max supply shouldn't drag down the token value ,without working product or pro teams this will happen when hunters dump tokens

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July 12, 2019, 07:27:45 AM
 #5

That's true, stop blaming bounty hunters. I am bounty hunter and i am investor too, when i see good campaign that i participate i will invest on the project too. I think many hunters doing like that.
Huge discount be the main reason the price will dump.
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July 12, 2019, 07:45:04 AM
 #6

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

Theoretically speaking, it's still possible. Remember that volume is important too. If early traders are those who only look to get profits and cash out as early as possible, then I'm not surprised if those 300k tokens can bring the price down to -99%.

Who would sell as early as they got their tokens? Maybe not always bounty hunter, but I believe BH is one of the perpetrators.
vycl87 (OP)
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July 12, 2019, 07:51:05 AM
 #7

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

Theoretically speaking, it's still possible. Remember that volume is important too. If early traders are those who only look to get profits and cash out as early as possible, then I'm not surprised if those 300k tokens can bring the price down to -99%.

Who would sell as early as they got their tokens? Maybe not always bounty hunter, but I believe BH is one of the perpetrators.

Theoretically or practically ... If a person buys a coin from $ 1 and sells it for $ 2, he sells it. If it's $ 1000, it'il sell 100%.

Thus, investing more than $ 2500 would do great damage ... without the Bounty hunter at all! (these figures are an example. I saw worst!)
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July 12, 2019, 08:28:08 AM
 #8

Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.

I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?

Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!

Absolutely spot on assessment. Projects are responsible for giving way too much to early investors , and ofc its a business for those early investors. They want to take the profit when they see minimum 10x to 100x of their investments. And even if the bounty hunters can drop the price to 0 , but the project or traders can buy themselves all those cheap tokens and then can bring the price up .

So it is important that projects think it carefully and long term before offering unbelievable offers to early investors.
Airelves09
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July 12, 2019, 09:04:22 AM
 #9

A project token marketing includes many aspects: private equity institutions, early investors, ICO buyers, IEO buyers, bounty hunters marketing promotion, etc. Once a project is listed on the exchange, the low price of tokens does not blame bounty hunters for selling it. There are many stakeholders here. The tokens given by bounty hunters are a small fraction.

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July 12, 2019, 09:08:09 AM
 #10

This is true because bounty hunters can't literally dump the price of a good project since not all hunters will sell the token right away, you can blame the whales secretly invested on the project who are just waiting to exit the market. Its not fair to locked the token because of the thinking hunters will dump it, they work for that token and they deserve to get the profit they needed to so if the project blames bounty hunters then I guess they are not good enough to hold for.

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July 12, 2019, 09:08:58 AM
 #11

this is what they know about bounty hunter- that they are the one dumping their coins.. but they don't know about their investors and even their team Grin.. how can they say that these hunters are dumping when the allocated amount is just a percent of what the investor is buying or what the dev team is holding  Sad

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July 12, 2019, 09:10:13 AM
 #12

Some tokens are reserved and mostly the tokens of the investors and bounty hunters are trading on exchanges which is the reason investors blame bounty hunters and to some extent I agree as the hunters who participate in FB, Twitter and other content campaigns dump their tokens on Etherdelta and exchanges as they aren't interested in holding them and since many hunters have multiple accounts, they dump thousands of tokens for a worthless price. This has reduced lately though.

tranduong123
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July 12, 2019, 09:19:49 AM
 #13

Sadly, many people don't know it. Yes, and I was also surprised with the number of 2500 times a crazy number, which could explain why most of the listed projects lost tens of times. And those who buy privately or buy early are still profitable.
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July 12, 2019, 09:44:34 AM
 #14

Blaming on bounty participants is their only reason when their project misserably failed to succeed after listing, because of lack developments on their part the price will surely fall because investors usually want some real project that has some updated features not some hidden unknown development so when the bounty participant can't wait to hold their coins and sold it at the early stage of the project, the price will surely fall but if they really have a real plan to make this project they don't bother on the sudden dump of the bounty participant instead they will continue on their project like nothing has happened.

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omnik
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July 12, 2019, 10:33:54 AM
 #15

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

Theoretically speaking, it's still possible. Remember that volume is important too. If early traders are those who only look to get profits and cash out as early as possible, then I'm not surprised if those 300k tokens can bring the price down to -99%.

Who would sell as early as they got their tokens? Maybe not always bounty hunter, but I believe BH is one of the perpetrators.
Okay and what about those platforms are getting listed on the big exchange site? The problem is in the developer itself. It must be the priority to create a partnership with good exchange to get liquidity.
We have supported it through the community support but the majority of developers didn't wanna lose their money for big liquidity. you are including to the BH too. lol
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July 12, 2019, 10:39:52 AM
 #16

Offering big percentage bonuses for early investors is definitely a problem. Whilst it can increase initial sales, and often creates problems further down the line. If you get half price tokens as an early investor, you then just need to sell everything at final ICO price to double your money. This encourages people who aren't remotely interested in the project to buy in, as they can sell later for easy profit. It is not a good idea for new projects to offer these huge bonuses.






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July 12, 2019, 10:51:07 AM
 #17

This is a very good topic and something I have been pondering about for some time now. The percentage allocated for bounty most times is insignificant to have real effect on prices when they list on an exchange. Projects as you rightly stated, should look into huge percentage allocated to early investors which they use to woo them. In some cases, bounty hunters tokens are locked for a period and that still doesn’t stop the decrease in price. Investors are real dumpers mostly when they think the team isn’t that strong and lack focus.
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July 12, 2019, 11:03:06 AM
 #18

I am confused what factors confirm that Bounty is the cause of a token value dump. This should not need to blame each other because it is purely in the market. So everyone can do that if they have many tokens. If the project blames bounty hunters, of course they must be prepared for this risk.
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July 12, 2019, 11:14:43 AM
 #19

The question is ''who is deceiving who''? Dev and team that have failed even before that start at all, thinking of how they can sell off their coin by giving it away all in the name of private sales and then covering up their deed by blaming bounty hunters for the dump in price, the crypto sphere is full of so many deceptions.
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July 12, 2019, 11:18:24 AM
 #20

Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.

I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?

Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!
That's right, it's not the bounty hunter's fault. It lies in many factors, the most important responsibility still belongs to the team. Be really alert before blaming the bounty hunter!!
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