ashmodeus
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August 13, 2019, 11:00:47 PM |
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so why they created a some bounty, if they know it will be a thousands of people joining. basically ico just like a print new money, and paying bounty hunter with dust at the beginning. if ico fail the bounty hunters will not payed. also bounty just take a small amount of allocation. and also briliant investor can see it, if allcoation for bounty above 5% from total supply, i guest it just a bullshit.
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samcrypto
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August 13, 2019, 11:07:40 PM |
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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?
Hunters can’t kill the project because of this, even if they dump their holdings. Some of the good coins right now started from ICO and yet they survived the dump level of the hunters because they have the good project. If the developer made a mistake and can’t handle their marketing well, then expect that to die as well. ICO is not dead yet, some good ICO are still running.
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javainn
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August 13, 2019, 11:17:52 PM |
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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?
I don't think that's the main factor. now, if you think about how much is the allocation for the bounty hounter that causes the price to drop? the allocation for the bounty hounter is not very small when compared to the allocation of investors. maybe if the team wants to try to make price developments can increase. so this is not a bounty hounter error but rather the development of a team that is not serious about working on a project and causing an ico scam
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dtb.agency (OP)
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August 14, 2019, 12:06:55 AM |
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As a bounty hunter, I'm full free to sell my token. But I don't sell any of my token and I don't take this blame that's bounty hunters kill the price.
But what would you do, if you knew all other bounty hunters would start selling their tokens straight after listing and it would influence dramatic decrease? As practice show, -x5 at least.
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fuer44
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August 14, 2019, 12:22:07 AM |
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Bounty hunters do not kill, because bounty hunters only receive a small amount of the total tokens that will be launched on the market. it is precisely investors who can kill ico, or most token holders and after launching into the market exchange, they sell all token.
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glendall
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August 14, 2019, 01:07:27 AM |
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don't blame the bounty hunter, see, it's a risk if the price really drops drastically, but the team should also anticipate this, such as making a buyback, or giving dividends if they hold the coins, this is very simple actually if the project is indeed serious and already has a product.
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jeraldskie11
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August 14, 2019, 01:10:19 AM |
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For me it depends. Many ICO project were not killed just because of bounty hunters such as pundix. Pundix had a huge marketcap and bounty hunters can't dump it. We all know that the bounty hunters will also help to the project to success so that the bounty hunters are deserve to get rewards.
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JeffBrad12
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August 14, 2019, 02:52:29 AM |
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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?
That would be an absurd reasoning. The coins distributed to the bounty hunters would be equal or less than 5% of total tokens sold. Generally 1 or 2%. This too excludes the distributed coins for advisers and team members. This holding of 2.5 to 0.5% won't have any huge impact on the price or for a project to be a success or failure. that's true and OP must know if some times there was an ico which will try to distribute the token a year after it gets listed at exchange site. The problem is too many discounts that already offered by the developer when the developer can't provide a good exchange site to get big liquidity. So many times bounty hunters are getting the dust and their token not worth even a dollar. I can say what already written by OP is false statements.
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Darker45
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August 14, 2019, 03:06:54 AM |
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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! Although it might be contributory, it plays a very little role. You know what really killed the ICO market? It is the ICOs themselves. The ICO market used to be thriving, with a lot of investors passionately supporting crypto projects. What happened? 1. Because there were huge successes made in the market, it became a sweet target of scammers and haphazard and mediocre projects which are solely made to take a share with the pie and exit afterwards. 2. Many of the successful ICOs proved to be a crap after millions worth of investment was raised, coming out with poor to no products or partnerships at all. 3. The huge bonuses and discounts offered to attract ICO investors backfired. The investors have turned from real supporters of projects into plain profit-seekers. Just like some bounty hunters, they would dump their coins as soon as they are admitted to the exchanges.
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BennyK
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August 14, 2019, 03:13:50 AM |
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In no way are bounty hunters responsible for the drop in ICO activities in the crypto space. The drop in ICO activities is as a result of the launch of a more convenient way of performing token sales which is IEO. Now, the attention is shifted more to IEOs.
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voltesbit777
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August 14, 2019, 03:21:19 AM |
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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?
What do you mean bounty hunters killed ico? I don't think bounty hunter can do that. It is probably your assumption only, because if your statement is true for sure there will be no more ICO now that arise so far. But why still ico exist now? it is because, you are definitely wrong with that kind of assessment. Without bounty hunters none of the potential altcoins that existed here for a years will not be exist.
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xiboothrezi
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August 14, 2019, 03:36:14 AM |
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ICOs has a loooot of "free money", such as bounty guys. I would cautiously agree with the author. Probably with 65% free money? are you sure? bounty hunters get rewards based on the support they have provided for a project. So it's not completely free because they do "work" according to the rules that have been made. Many projects are also successful with tokens that match expectations of paying hounters fairly. So, it is not entirely to blame that bounty hunters cause chaos, many other factors. If a project has a good strategy, I think this can be avoided.
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killat
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August 14, 2019, 05:53:16 AM |
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The projects management killed the ICOs as they don't provide enough visibility about the project and investors are afraid that they will not recover their investment.
With the new concept IEO, investors know from the beginning on which exchange the project will be listed, which is great.
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Nurma.A
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August 14, 2019, 05:56:48 AM |
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You're not right. Bounty hunters are not ICO killers. You can see, the total allocation for bounty is only 2-3% of the total supply. Can it reduce prices in exchange? Be a smart person. Do not want to be blamed.
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thiscomm
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August 14, 2019, 06:16:52 AM |
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yes that's right, only fundraising is done by development not advisors. so when there are members of the development team who are not honest they often carry away project funds that have been collected to be used in the project development process. and mostly because that is the reason for investors to leave the ICO program and switch to IEO.
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ModanaLee
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August 14, 2019, 06:32:04 AM |
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You are wrong to have said that. In the first place, without bounty hunters, I doubt if a project can be seen or known. Hence, by so doing, they get paid. Every bounty hunter is also an investor!. A project that must stand will stand!
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Bananington
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August 14, 2019, 06:47:54 AM |
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I totally disagree with the topic, bounty hunters didn't kill ICO. The major issue for most ICO projects was the issue of scam. Many ICOs were outright scam hence you don't expect such to progress since investors became very skeptical. Also lack of strategy contributed to the fall of ICOs, some team members after token sale will be chasing free listing without using funds raised to list on a decent exchange. Most likely when they list on exchanges with low daily volume, the price of the coin is bound to drop drastically since there will be few buy orders.
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ivaf
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August 14, 2019, 07:59:13 AM |
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... True or False?
False. Bounty hunters cannot influence prices. They do not have such a volume of coins to manipulate the market. When you hear accusations against bounty hunters of a collapse in prices - this is a lie.
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dtb.agency (OP)
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August 14, 2019, 08:08:47 AM |
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I did not count, but I think so far 99% is False ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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prodigalson
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August 14, 2019, 08:12:14 AM |
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... True or False?
False. Bounty hunters cannot influence prices. They do not have such a volume of coins to manipulate the market. When you hear accusations against bounty hunters of a collapse in prices - this is a lie. Nice avatar
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