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Author Topic: Bounty hunters killed ICO?  (Read 7086 times)
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salad daging
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August 25, 2019, 03:20:47 PM
 #221

as a bounty hunter I object to the opinion that bounty hunters kill ICO, the allocation given to bounty hunters is very small compared to the number of tokens in circulation, if ICO fails and the price of the token decreases then it is not entirely the fault of bounty hunters but it is also because the project has no strategy and good marketing planning

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stigmacryptonight
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August 25, 2019, 03:30:38 PM
 #222

because the project has no strategy and good marketing planning

I agree with what you say here.
Most projects do not have a strategy/planning going forward after the seller is finished.
Therefore also most projects do not last long, after that one by one will die.
And one more thing, they don't have new innovations to be able to compete with previous projects.
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August 25, 2019, 03:41:17 PM
 #223

Bounty hunters barely had a thing to do with the dealth of icos. The ico market died down as a result of most project having nothing to show off for what they raised funds for coupled with the fact that developers grows more greedy dumping tokens after listing on exchanges.

Bounty hunters are paid just few percent of the token pool, mostly only 1% of the token pool. Whereas early investors and whale that do buy during discounted sales do receive lots of bonuses worth almost x2 of their purchases, selling all their holdings cheaply on exchange because the huge bonuses will always give them a win. They have nothing to lose.

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cassavachips
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August 25, 2019, 03:49:12 PM
 #224

Bounty hunter is always the reason for the failure of a project because it has decreased prices, even though the allocation for bounty hunter is very little and of course it has been calculated so that it can overcome the price reduction by bounty hunter. Several projects have failed even though they have distributed allocations to the latest bounty hunters or on a regular basis.
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August 25, 2019, 08:25:17 PM
 #225

Personally, my opinion is that it wasn't the bounty hunters who killed ICO, but a lot of crooks in these ICO projects.

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August 25, 2019, 08:45:48 PM
 #226

No, it is surely the investors and speculators who killed ICO. Because they immediately sell their coins if they have a little profits or if they are afraid that the token lose more value against bitcoin or usdt. That's why all alcoins are falling. It is not just a problem of ICO.
And sometimes maybe because the ICO team sold a big part of their tokens for usdt or bitcoin. Bounty hunters have very little power to make an ICO fail.
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August 25, 2019, 09:00:43 PM
 #227

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?

Sometimes it works like that, that's true, but not always. If the team promotes their project in a right way, bounty hunters and advisors might not want to sell their tokens fast.

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Black bro
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August 26, 2019, 04:50:11 PM
 #228

I want to ask if ico really died because of the hunters of gifts, I don't think so with a hadia hunter who wants to promote an ico,then ico will quickly be infected only there are some ico that stop in the middle of the road it is not the hunter's fault, but from the manager and his own team that is not solidarity
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August 26, 2019, 06:12:01 PM
 #229

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?

The team dumping tokens is more like it. Bounty hunters are blamed time and again for price dumps when we're all aware that most projects allocate only a small fraction of their token supply to promotional campaigns which in most cases are not enough to affect prices to the extent to which bounty hunters are blamed for. A good example of such a project would be Sparkster. No one can say bounty hunters dumped the price, investors wouldn't sell at a loss, so who dumped it?

dhemasm
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August 26, 2019, 08:17:18 PM
 #230

Hmm, even though the topic is old but this thread is right for giving opinion.

2) Funds allocation (among advisors, bla bla bla and bounty hunters)
For this point, almost all projects that I have participated in, the bounty allocation is only around 1% -7% of the total supply of tokens (Values above 5% are very rarely found), So I don't think it should have much effect on the cycle right?

3) Considering there are thousands of BH, the price of a token dropped dramatically
Returning to point 2, the allocation to the bounty barely touches the value of 10%. But I agree a little, Indeed, distributing all tokens at the same time will affect the price of the token when the token listed first day the exchange, but it does not last long (usually only about 1-2 weeks after entering the exchange or distribution)

4) Investors bought token on ICO see this crap and less people invest in ICOs.
Logically the circulation of tokens for bounties is very small right (Point 2)? So this cannot be entirely blamed on bounty hunters but project development & marketing also matters (Market factors also affect). The point is in my opinion, the Bounty hunter does affect when tokens are distributed and the tokens will list on an exchange or vice versa, but after that it depends on the project team whether they can do recovery and also development & marketing that can attract various people into their projects. So i think both of them need each other, the Project gets an active token circulation & volume and also a promotion as well as bounty hunters who get paid. That is my opinion and ask me everyone has a different opinion, Cheers!  Grin
OneCoinMan
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August 26, 2019, 08:35:13 PM
 #231

Lol, ICO died because they did not have to live. Think why they are needed? So that someone just collects money? How many worthy projects do you see today?

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Arti_Tsy
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August 26, 2019, 09:23:16 PM
 #232

I spoke privately with the CEO of one project, the cost of which tokens fell several dozen times on the first day of trading on the exchange. Tokens to the bounty participants at that time were not distributed, and the bounty hunters could not influence this in any way. So this CEO hinted to me that this was done to pick up tokens from the 'weak hands' of some investors.
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August 26, 2019, 10:19:17 PM
 #233

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?

False. Not even an inch. People really think bounty hunters didn't work for thier tokens or begged because most of these funds are not escrowed of payments in btc or stable coin rather than the project native coin. Bounty hunters are like marketers and every provision should be adequately made by the platform to see that they are handsomely paid and not vilified for dumps. Large scale project dumps should rather be traced to the huge bonuses that the private and presale investors get from the project as well

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Christinebeauty
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August 26, 2019, 10:35:46 PM
 #234

Strong projects are able to survive on the market even when hunters dump their tokens. Some of them claim they ve had a successful token sale and has made enough funds, yet their claim their projects are dying because of few dumps from bounty hunters. Those projects are simply not serious

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August 26, 2019, 11:03:29 PM
 #235

Personally, my opinion is that it wasn't the bounty hunters who killed ICO, but a lot of crooks in these ICO projects.
I agree with you, why is the bounty hunter always a suspect for falling ICO prices. Bounty Hunter helps promote tokens and they are not the cause of death of ICO.
this is wrong and not objective assessment.

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August 26, 2019, 11:13:11 PM
 #236

Personally, my opinion is that it wasn't the bounty hunters who killed ICO, but a lot of crooks in these ICO projects.
I agree with you, why is the bounty hunter always a suspect for falling ICO prices. Bounty Hunter helps promote tokens and they are not the cause of death of ICO.
this is wrong and not objective assessment.
I have seen strong arguments which pointed towards the bounty hunters in this kind of discussions. The bounty rewards are dumped by the bounty hunters after the getting listed on any exchange. There is nothing wrong to sell the tokens that received to your wallet by airdrop or the bounty campaign. The cause of the down price is usually linked to the dumped tokens by the bounty hunters. They usually only care to get their BTC with dumping as fast as possible on the first available market orders.
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August 26, 2019, 11:54:25 PM
 #237

This is one of the biggest misconceptions against bounty hunters in the cryptocurrency world.
Projects and investors are always quick to blame bounty hunters but i don't accept that bounty hunters ought to be the one to be fault.

The project team also takes part of the blame, because the cost of that specific coin will drop after the open since I have watched for commonly that even the bounty token was not discharge yet.

This is often because of the excess bonus giving out during the token sale

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August 27, 2019, 12:34:08 AM
 #238

Do you really think that bounty hunters can do that? Well, maybe if the team will give a lot but you know it is only a small amount of percentage is allocated to bounty hunters so it will only be a matter of days or even hours if it will cause dump. Do not blame promoters and you know what. I am a bounty hunter and mostly, I will invest to it as well depending on the project. So if I invested time and money so why should I dump it? Make sense?
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August 27, 2019, 02:27:54 AM
 #239

I agree with the OP. Too many bounty hunters wanna fake their followers, then they get money and disapear. They did nothing useful, just cheaters.

So, what's the viewpoint here?? Please make your profile good responce by followers. We are all selling something, guys. So, at least have the real community for the ICO's owner. Don't let they give money for nothing.
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August 27, 2019, 02:57:21 AM
 #240

I do not agree if Bounty Hunter is said to be the cause because only about 2% of the total tokens are part of the bounty hunter and not all sell their tokens directly when the market is available.
Many cases have occurred after the ICO prices dropped even though the tokens for bounty hunters have not been distributed.
There is also the case of an advisor directly selling all of his tokens when the market is available so prices are destroyed, so the solution is the key token for advisors and teams for 3 years.
There is also a very large bonus that is distributed both during pre-ICO or at ICO, sometimes the bonus is up to 100% and it is very crazy, if you want to give a bonus it is quite a maximum of 20%.
So Bounty Hunter is only workers who give their time to want high wages for their work
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