FEAR OF DUMPING

[upyem2k]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

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[leowonderful]

It's often easier, simpler and more inexpensive for projects to pay their bounties in whatever coin or token they're offering rather than something bigger like Bitcoin. I'm sure most project managers and developers are aware of the benefits of paying in BTC or ETH or really any major cryptocurrency, but considering a lot of projects now are just money hungry and don't care about much other than than money, those running the projects are probably okay with the potential of dumping right after launch.

[meanwords]

Fear of dumping my ass, they just want to make a lot of excuses so they could hold the rewards of bounty members and dump before the hunters do.

Yeah, they can just pay in Bitcoin or Ethereum if they really are legit but no! Why would they pay BTC and ETH and waste money when they can just reward bounty hunters with useless token! No money wasted and free advertising! and there's more, you can't sell those useless token before they do, genius! Bounty hunting is the best.

[FaithInCrypto]

They should feel fear especially if they don't have a budget to pay the bounty hunters.
It is already given that bounty hunters are there to make money out of their services so why not give them what they need after a few month's work?
They should have a budget for promotions, so there's no space for fear of dumping.

[ecnalubma]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

Its normal these days, but during the boom in 2017 and early 2018 most campaigns pay as they promised and no fear for dumps. It will be an advantage for hunters if they pay Bitcoin or Eth however they tend to pay tokens for mandatory adoption and liquidity.

[Callanta787]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

If developers aren't hundred percent sure of their project they should start using stable coin or bitcoin to pay bounty hunters, the fact is its hard to see bounty projects that pays in bitcoin

[terizla]

This is normally to dump after payment and this most happen before bounty payments. Every projects has a plan to overcome their token price.

[o48o]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

This is such a bullshit excuse from any team. The team shouldn't care about the price and it's illegal in most cases for them to try to manipulate it. Only reasons that they wouldn't pay is they want more tokens for themselves for dumping because they don't have enough ico money, or they want to manipulate the price because they shouldn't have done such a big bounty in the first place.

But like you said, btc/eth bounties are a perfect solution.

[LouVandetta]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

This was one of the excuses they always gave to bounty hunters when delaying the payment schedule. Not only that, sometimes they've also locked the payment for a period of time until bounty hunters could sell them and perhaps make the price slightly dump.

It's not that easy to pay the hunters with bitcoin and other major cryptocurrency such eth. They prefer to pay with their own token/coin if possible. I believe there was a bounty back in 2017 that paid the participants with ethereum worth of their payments.

Projects nowadays barely even survive to reached the softcap, how come they would risk to pay the participants with bitcoin or major altcoins if they don't even know whether the project would have a got outcome or not.

[huu78]

I am thinking like that why not use Bitcoin or USDT for their payment if they are afraid of dumping. There is also a solution so as not to dump like a periodic distraction. And the Dev should be a ready buyback or order the price so as not to excessive dumping. I think to dump due to too many allocations and too many bonuses during the sale. Hence the price that there is up can be dumping because people need money from it.

[shinratensei_]

The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.

As far as i know, they don't wanna see the investors will complain about the dump. I meant about the developer is a greedy party who doesn't wanna spent a small amount of money to create a bitcoin or ethereum payment. Even some companies that raised multi-million dollars from its ico doesn't even wanna spent less than 100k to pay the bounty hunters. They are having the intention to get free advertisement. That's the reality when everything controlled by the developer itself. There was something wrong since the bounty campaign has already occurred and that's about not putting escrow as a mandatory.

[wedosgibas]

They should feel fear especially if they don't have a budget to pay the bounty hunters.
It is already given that bounty hunters are there to make money out of their services so why not give them what they need after a few month's work?
They should have a budget for promotions, so there's no space for fear of dumping.

Yes, but most projects are to start fundraising during ongoing campaign for their development capital, so they don't have enough money for the projects themselves, let alone paying bounty hunters? But it depends on the project itself, if they consider the value of digital coin asset important, then they will do their best, but most of them only rely on the market and do nothing to support their digital asset.

[btc-facebook]

when the team is afraid of the dumping done by the bounty hunter, then it is concluded that the team does not have a mature plan,
they should have had an anticipation with that.
like doing a buy back.
the anticipation is important to complete dumping, not avoid it with fear,
if the project is serious, all is well anticipated.

[DabsPoorVersion]

when the team is afraid of the dumping done by the bounty hunter, then it is concluded that the team does not have a mature plan,
they should have had an anticipation with that.
like doing a buy back.
the anticipation is important to complete dumping, not avoid it with fear,
if the project is serious, all is well anticipated.

Good point you had there mate.
A good team will anticipate every side not only the positive but also the negative side. In that way, they can overcome every obstacle that may come to the project.

Also to answer OP to his question,
Bounty campaigns won't pay btc or ethereum for their bounty participants, since bounty hunters is needed to spread their coin in crypto space. If bounty hunters will received btc or ethereum as payment, there will be less volume and lack of circulating supply of their coin in the market.

[knuckey]

Indeed payment of hunter with bitcoin or ethereum is the right choice if the developer is afraid of dumping, sometimes the large allocation makes them not want to do this, because they think that earning funds when selling tokens is only for the development of the project. Seems to want to make a promotion, but afraid to spend a lot of money, honestly there are many ways if developers want to avoid of dumping and they can do it if they want.

[inanilujimi]

Don't we know that if they heldup a bounty it is the initial fundraising process, because the project founders don't have enough funds to be directly listed on one of the exchanges.
That's why they don't have the funds for that, so they pay bounty hunters with their tokens.

[yazher]

I experience such a thing when I joined some bounty and delayed the distribution until today. When they about to distribute the bounty reward of their participants, this so-called fair Developer has some technique that could minimize their distribution to the participants. however, this deadly method often becomes the reason for the others not to get their rewards. I'm talking about the KYC method that often used for their own benefits, with this, they have enough reason for not distributing their rewards to the bounty participants because most of them don't want to send their data to the project owner. But the real reason for this KYC method is to avoid the unavoidable dumping of the bounty participants. that's why they made such tactics to lessen the damage done by these loyal contributors.

[maydna]

I am thinking like that why not use Bitcoin or USDT for their payment if they are afraid of dumping. There is also a solution so as not to dump like a periodic distraction. And the Dev should be a ready buyback or order the price so as not to excessive dumping. I think to dump due to too many allocations and too many bonuses during the sale. Hence the price that there is up can be dumping because people need money from it.

I guess using USDT for their payment will be a good choice because the Developer and the team will not upset to see their coins has to get dump too deep when the coin listed on the market. The USDT price does not fluctuate, and I think that it will be safer for the Dev and the participants. The participants cannot sell the token because their payment will be in USDT, so they need to buy the coin at the market, trade it with the other coin to make a profit. The Dev will have their time to guard their coin against the dump because the participants don't have their coin.

[angrybirdy]

Don't we know that if they heldup a bounty it is the initial fundraising process, because the project founders don't have enough funds to be directly listed on one of the exchanges.
That's why they don't have the funds for that, so they pay bounty hunters with their tokens.

It is one of the reason. It is indeed true that they don't have enough money so they will start paying bounty hunters with the token instead of paying bitcoin coming from their pocket or directly coming from the amount raised in ICO.

[Aabcde]

Usually coins or tokens like this are tokens that are only pump and dump. Because dev only focus on price not development. I can say that gradually a coin like this will die when dev has made a lot of profit.
Yes indeed, all bounties should pay directly with coins that already have a market price rather than paying with their own coins. This is also to reduce the fake developers who just want to find quick profits.