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Author Topic: My opinion about dumps caused by bounty participants.  (Read 4561 times)
timmmers (OP)
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September 06, 2019, 02:34:27 PM
 #41

Many people do not understand offer and demand, how it really works.

You must mean supply and demand.

If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool

It's true but if the coins survives first dump the price sometimes goes up. Many people made money by buying into bounty hunter dumps because they were so into getting some money for their work that they ignored what the coin was about and that it could really be valuable and have a big community.
I am sorry, I didn´t know how to say it in english, so I translated in by google. Google translator not always provide the best result  Cheesy.

But if you mean a supply - number of coins in supply, then we do not understand each other.
I am talking about number of coins that are offered to buyers, and if there are a lot of coins to be sold and there are not enough buyers for all coins, then price is dumping.  Cool

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September 06, 2019, 02:35:16 PM
 #42

Many people blame bounty hunters as the perpetrators of the collapse of the price of a coin in the market, the 2% -5% allocation is not a big number to destroy the market, I see that there is a game behind developing a project. many early investors buy at a low price and sometimes sell it because the price in the market is more expensive and the developer doesn't buyback, besides that I have experience that "BOT" on an exchange will worsen the price of coins.
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September 06, 2019, 02:49:01 PM
 #43

Why not consider private investors, how many% of total supply do they own? How many times are they discounted? Most projects are distributed to the last bounty hunters, so don't blame the bounty hunters.
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September 06, 2019, 02:59:24 PM
 #44

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool
This might be true but there are several counter measures to help keep price afloat.
The project team can either
  • put aside some money to buy cheap coins from its bounty hunters to target dumpers
  • distribution of tokens can be done in phases to protect investors
  • they should also avoid distribution of coins to investors and bounty hunters at the same time
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September 06, 2019, 03:27:42 PM
 #45

The bounty hunters put pressure on the exchange, creating a dump that makes the project lose value. However, I think that for some projects they did very well with the issue of the value of listing exchanges. Unable to criticize the bounty hunters, they worked professionally, took a lot of time and effort, they needed money for their lives.

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September 06, 2019, 03:38:47 PM
 #46



Its not just the bounty hunters, they are even the last to dump because the team distributed the bounty tokens after 3 months or 3 months after the coin is listed to an exchange. Bear in mind that investors does get some 20-30% discounts as they are early investors of the project. This discounts alone are already profit to them when they dump the first day in the market. They can also buy back after 3 motnhs using the profit they got while the price dips to -80%.

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September 06, 2019, 04:01:49 PM
 #47

I think that participants in the bounty campaigns cannot influence the market. Early investors and overpriced buying bonuses have a much more negative impact.
I disagree with you. Early investors and those who bought with good bonuses can dump price in 2-3x, and bounty hunters can dump in 10-100x from sale price.

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September 06, 2019, 04:06:14 PM
 #48

There are different situations, it happens that immediately after ICO the project is cheaper than it was during the sale and the bounty participants can sell tokens to ICO  participants who believe in the project, because the price is lower than ico. And when the price drops and nobody buys out anything, in most cases the project simply rolled up the Ico results, but in fact nothing was sold.

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September 06, 2019, 04:51:15 PM
 #49

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool

yes you're right, even without token bounty if there is no demand then the price will dump. so stop blaming bounty hunters for dump problems. what should be questioned is why after ico / ieo ends there are no more demand.

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September 06, 2019, 04:55:20 PM
 #50

It should be known to all that bounty hunters are majorly concerned about cashing out from a successful bounty program. Investors could be willing to stay long and watch as the project unfolds, but bounty hunters are concerned about immediate gratification for the task done. The project should consider paying bounty hunters using btc or ethereum as against the tokens to avoid issues of dumping. This would also contribute to the reputation of the project.
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September 06, 2019, 05:05:14 PM
 #51

It should be known to all that bounty hunters are majorly concerned about cashing out from a successful bounty program. Investors could be willing to stay long and watch as the project unfolds, but bounty hunters are concerned about immediate gratification for the task done. The project should consider paying bounty hunters using btc or ethereum as against the tokens to avoid issues of dumping. This would also contribute to the reputation of the project.
Bounty hunters immediately run out of a project(sell)in order to cash out and see how much profit they can make for themselves, and you can't blame them since their contribution to the project was not through their cash, but their effort in advertising for the project.
But the bad side is that when a whole lot of them sell at any miserable price, it pulls down the price of the project and it's bad news for investors as they must have to be patient to see if the project recovers.

I do not see how ICO projects can pay hunters in btc, how then are they going to spread their coins all over the market, it would be a terrible idea if they did that.

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September 06, 2019, 05:06:50 PM
 #52

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool

Price reductions after the ICO are listed in the exchange. Indeed because of the great sales and demand just a little. But if you blame the bounty hunter, I think wrong. This is not the fault of bounty hunters, because they get the tokens after doing the job. So it is natural that many bounty hunters will sell coins.

I focus more on project development if the project has high quality. I think the coin price will be attracted by many buyers. So the price can go back up.

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September 06, 2019, 11:25:01 PM
 #53

I always disagree with opinions pertaining to the fact that bounty hunters always cause dump. Why always bounty hunters, bounty hunters are not cheap to be treated as such but should be treated with respect. Mostly, less than 5% of a projects allocations are pulled into a bounty campaign and how can 5% out of 100% cause a dump over the remaining 95%? Bounty hunters dump, team dumps and investors also dump so why blame hunters alone.

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September 06, 2019, 11:38:19 PM
 #54

The locking of bounty participants' reward became popular so that the devs can no longer worry about their dumping decision. I don't feel that the bounty hunters can really cause a big dump these days especially if the volume of that coin isn't too big.
How can they dump if there's even a small or no volume.

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September 07, 2019, 03:52:05 AM
 #55

If the project have nothing tangible to offer e.g real use cases or working product atleast the 2% of max supply dumped off by bountyhunters can kill the value of the project in a very short period of time,its better to invest in good bounty projects and we still have holders that aren't dumpers just like myself
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September 07, 2019, 04:55:11 AM
 #56

At some point you are correct because if the bounty allocation is quite large and all been distributed at once then it can cause dumping. I think the solution must be a vesting period where the tokens will be distributed in a portion every week or every month and so on.

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September 07, 2019, 05:56:49 AM
 #57

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool

Well, it's kinda true bounty sometimes cause huge price dump but only when the project is offering a huge amount of tokens as a bounty reward.
From what I notice about 70-80% of participate dump their token as soon as they receive the bounty rewards.

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September 07, 2019, 06:25:57 AM
 #58

The price is dumping not because of bounty hunters, I mean not only, there are plenty of factors, the bear market is main,lack of liquidity of bad exchanges when listing

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September 07, 2019, 06:46:58 AM
 #59

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool

Agree, but I think not all bounty hunters will immediately sell tokens after listing on the market. Most bounty campaigns give tokens to bounty hunters after 30 days to 45 days after the sales period so when prices fall when first listing, actually why not from bounty hunters who dumping tokens can be due to other factors
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September 07, 2019, 07:43:48 AM
 #60

I don't think that's the dump of the bounty hunters. If a project is really potential, when they pay the token to bounty, they don't have to worry about their dump.
because a potential project will have a great buying power and 1% - 2% will not be a problem.
Besides, it is the effort of those who have tried to market the project to get certain achievements, so why do you blame the bounty hunters?

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