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Author Topic: Bounty hunters killed ICO?  (Read 7086 times)
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PuertoLibre
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August 21, 2019, 11:36:44 PM
 #201

False.
I think you are overestimating the influence bounty hunters have.
First off, take a look at the percentage allocated to bounty hunters.
In a typical ICO, it is only like 1% to 2% of the coins available.
Some ICOs will go as high as 5%, but that is still a tiny fraction of the overall supply.
It just isn't enough to totally crash a project even if every bounty hunter completely dumps their coin.
(and not all bounty hunters do).

The biggest factor in an ICO getting killed is one that people seem to overlook:
It was a crappy business to begin with.
People like to blame bounty hunters, market situations, scammy practices when really, the business had no hope to begin with because it was just a bad startup.
But that's because of hunters selling their coins instantly when it releases on the market. That's why makes the prices instantly dump. They don't care about the price actually and will sell whenever it's already released on exchange. This is a typical bounty hunter that we see, they always say "when distri sir? when exchange?" Like they don't care about the project anymore.
They are not true believers of the project which they promote. The true vision is required for holding a long time and not to sell on the market. The bounty rewards are dumped by the bounty hunters after the news of getting listed on the exchange. That questions are showing the fact which they join the bounty campaign for getting quick and easy cash.
False.
I think you are overestimating the influence bounty hunters have.
First off, take a look at the percentage allocated to bounty hunters.
In a typical ICO, it is only like 1% to 2% of the coins available.
Some ICOs will go as high as 5%, but that is still a tiny fraction of the overall supply.
It just isn't enough to totally crash a project even if every bounty hunter completely dumps their coin.
(and not all bounty hunters do).

The biggest factor in an ICO getting killed is one that people seem to overlook:
It was a crappy business to begin with.
People like to blame bounty hunters, market situations, scammy practices when really, the business had no hope to begin with because it was just a bad startup.
The bounty rewards can be the 6% of the total coin circulation but not all bounty hunters dump the distributed tokens. Teams don't like to see the real problems caused by their ineffective management, that's why we see such coincidence.
Sirait
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August 21, 2019, 11:44:34 PM
 #202

your argument is true, but bounty hunters didn't kill ICO.
let's see how much allocation for bounty, usually its not above 10% of total token issued, so this is not the problem.
driving price of coin is hard, sometimes investor dump their token after ICO at market price and make a coin price down. if only token from bounty hunters, pumping will be easy. thats my opinion
EARLY INVESTOR who killed ICO, not Bounty Hunter

I have observed various ICOs and when they held a listing on one of the exchanges, the level of ICO coin selling was very large and even exceeded the allocation given to Bounty Hunter, just imagine how much EARLY INVESTOR can get because they get a huge purchase bonus from the initial sale of ICO

so stop blaming BOUNTY HUNTER
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August 21, 2019, 11:56:05 PM
Last edit: August 22, 2019, 01:02:02 AM by bitcoinst
 #203

Bounty hunters exchange their time for coins, while investors exchange their money, which means they certainly don’t want to sell a coin even at the purchase price, but what stops this bounty hunter from doing so? Nothing. So there is a price dump, which can lead to unpleasant consequences if the coin capitalization is not high.

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Christinebeauty
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August 22, 2019, 04:42:37 AM
 #204

Who would still develop interest in investing in ICOs when they continually turn scammers. Token sales become successful, yet, some even fail to get listed or they would even list on some bad exchanges with either low trading volumes or high withdrawal charges. The team are killing their own projects not hunters... Sometimes people think hunters are just some low life individuals who can survive on just some few dollars so they are willing to sell their tokens at any price, but that is not true

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August 22, 2019, 07:11:46 AM
 #205

The hunters are to blame for the fact that the price of the token fell upon entering the market - this is a ridiculous statement. The project management is to blame. They knew how the bounty works and should have foreseen everything. Pay ETH hunters for that matter, and the token will not fall.

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August 24, 2019, 12:47:16 PM
 #206

The hunters are to blame for the fact that the price of the token fell upon entering the market - this is a ridiculous statement. The project management is to blame. They knew how the bounty works and should have foreseen everything. Pay ETH hunters for that matter, and the token will not fall.

PM is to blame for not marketmaking in short term and developing project in long run. But why everyone consider a new post ICO token as something valuable? BTC price does not drop to 100$ because people consider it a value. After another ICO finishes tokensale, who cares about it much? Bounth guys sell their tokens. Then everything depend on PM.
Mrcharles
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August 24, 2019, 12:53:42 PM
 #207

Who would still develop interest in investing in ICOs when they continually turn scammers. Token sales become successful, yet, some even fail to get listed or they would even list on some bad exchanges with either low trading volumes or high withdrawal charges. The team are killing their own projects not hunters... Sometimes people think hunters are just some low life individuals who can survive on just some few dollars so they are willing to sell their tokens at any price, but that is not true

It's quite unfortunate that bounty hunters are continually been accused of what they know nothing about. The project made the decision to distribute tokens and the holders have the right to do what pleases him with the tokens. If the team were interested in reducing the number of tokens sold, they could have offered another token for a swap. I know several projects that chose to give out more valuable tokens for swapping their ICO tokens and that has lifted the burden from the hunters.
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August 24, 2019, 01:05:22 PM
 #208

The hunters are to blame for the fact that the price of the token fell upon entering the market - this is a ridiculous statement. The project management is to blame. They knew how the bounty works and should have foreseen everything. Pay ETH hunters for that matter, and the token will not fall.
only qualified projects that have money that able to pay bounty hunter using ethereum or bitcoin.usually they care about their token price so pay bounty hunter using main cryptocurrency.protecting their investors be main purpose of this.we know our profession as bounty hunter often blamed by investors when price dumped , and i think its not fair to us.
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August 24, 2019, 01:13:49 PM
 #209

How can you think of such, does the little token been given to bounty hunters okay for them, talk more of affecting ICO's. You got it all wrong cos bounty hunters are been payed poorly

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DigitalAssetInvestor1
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August 24, 2019, 02:18:59 PM
 #210

No, bounty hunters did not kill the ICO. Bounty hunters provide a valuable service to new projects. If anything hurts a new project it could be airdrops. Many people game airdrops and then dump them on the market.
Speaking of bounty, if you want to earn a bounty for testing a wifi sharing app (Aloha WiFi) join the Telegram community at- https://t.me/oppopenwifi and fill out the Beta tester form in the pinned message.
jumiapaul
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August 24, 2019, 02:33:18 PM
 #211

How can you think of such, does the little token been given to bounty hunters okay for them, talk more of affecting ICO's. You got it all wrong cos bounty hunters are been payed poorly

Exactly, bounty hunters barely earn up to 5% of the tokens in circulation, in most cases the developers don't pay bounty hunters their due and include more rigid conditions after the bounty campaign has been completed to reduce the number of tokens to be distributed.
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August 24, 2019, 03:29:33 PM
 #212

Bounty hunters didn't kill ICOs. Amounts always allocated to hunters are minute when compared to tokens sold on exchanges. Also some projects lock hunters allocation for a long period of time price dump wasn't the fault of hunters but some projects lacked marketing strategies for their projects.
AlfNobel
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August 24, 2019, 06:41:14 PM
 #213

No, bounty hunters did not kill the ICO. it'e depands on project progress and working product.
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August 24, 2019, 06:44:01 PM
 #214

little agree, but for the problem of hunter is not always caused by them, many projects that distribute tokens to hunters in a matter of months and before that applies tokens must be listed in market first and before the tokens are shared there are several tokens that have dumped due to certain things for example hacks, project scams, etc. at this time the BH allocation can also be said to have been a little compared to the past few years, so it's not always the fault of the hunter

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cafee_orange
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August 25, 2019, 02:50:43 AM
 #215

You are right, but I as a bounty do not feel that bounty hunters kill ICO, try to do the calculation of the allocation they spend on bounty hunters compared to investors, only a few percent, far compared to the number of sales they made at the time of the ICO, should if they are serious about the project, they can do buybacks.

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August 25, 2019, 03:14:14 AM
 #216

The drop in the price of new tokens is now happening for many reasons. First of all, this is the poor state of the altcoin market. This year they almost did not grow in price, despite a good, almost four-fold price increase in bitcoin from the beginning of April to the end of June this year. Now, only a few new tokens show growth when they appear on the exchange, and even then inexhaustibly. Basically, they immediately fall in price. Bounty hunters play an insignificant role in this, since they own only a few percent of the total number of issued tokens, and even then, as a rule, they are received in their wallets when the token has already collapsed in the price of the exchange. The early investors themselves significantly affect the price of the token, who try to consolidate their profits by selling tokens at the ICO price. Here you need to generally change the approach to cryptocurrency and provide for the presence of passive income in it. Toda will be interested in holding cryptocurrency, rather than selling it.
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August 25, 2019, 03:20:28 AM
 #217

The hunters are to blame for the fact that the price of the token fell upon entering the market - this is a ridiculous statement. The project management is to blame. They knew how the bounty works and should have foreseen everything. Pay ETH hunters for that matter, and the token will not fall.
Paying bounty hunters with ETH in order to preserve the tokens is a good strategy yet the project management will not adopt it because the team wants to grow the community support for the tokens. Bounty hunters are not responsible for dumping because some hunters are also investors. Again, the allocation for bounty programs are sometimes way too small to bring the fall of the entire supply of a certain token.
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August 25, 2019, 01:17:47 PM
 #218

At some points, I think yes they have contributed with this problem but it is not the main problem why some ICO are becoming scam or should I said "killed".

One reason are the investors. A huge percentage of the total token supply is for the token sale. If the project will become successfully sold all of their tokens, then the chances of the price of token to plummet will increase. The developers too are the reason sometimes. They sold their token immediately after they are getting listed on an exchange and some of them are simply abandoning the coin as it gets listed.

 
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tokoorochan
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August 25, 2019, 01:35:59 PM
 #219

At some points, I think yes they have contributed with this problem but it is not the main problem why some ICO are becoming scam or should I said "killed".

One reason are the investors. A huge percentage of the total token supply is for the token sale. If the project will become successfully sold all of their tokens, then the chances of the price of token to plummet will increase. The developers too are the reason sometimes. They sold their token immediately after they are getting listed on an exchange and some of them are simply abandoning the coin as it gets listed.
only unresponbility developers team that will sold their token after getting in exchanges.they have to locked their token reserved for several years, to give certainity that price will not dumped by them.but in fact some developers team be main reason why price crashing, but unfortunately bounty hunter blamed in this case.
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August 25, 2019, 01:36:43 PM
 #220

1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.

True or False?
Your words are correct. Most bounty hunters get paid much later.Not only who will be responsible for them. There are many investor scammers who buy many bonuses and destroy the market with little profit. So it's not just Hunter's fraud. Many scammers are involved. 10% of the total supply coins are spent on Hunter's.

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