Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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December 05, 2019, 11:26:15 PM |
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Do they really fear of dumping from their bounty hunters? Take a look at the bigger picture of distribution, the allotted amount to those bounty hunters are very small as compared to the team's possession or their investors. How can they fear for something that the effect is very minimal in the market? Yes, the price will decline once those hunters sell off but if the project is strong, they will rise up again and will give its true value. Usually they blame those hunters for dumping but you need to check the amount that has been in the sell orders. And you will see that it is not coming from the hunters but from the team/investors themselves.
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poodle63
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December 05, 2019, 11:39:43 PM |
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Still, it is much cheaper to pay with your tokens than with bitcoin or ether. Therefore, teams often resort to this method. In addition, not everyone can afford to pay with bitcoin or ether, because all the money they spend on the development of the project.
It's not true dude. How can't the team pay a small money compared with a lot of money that they have been getting from the crowdsale? A product cost a small money when you have enough knowledge especially when you are having an expert skill like george hootz that doesn't make sense to see a platform can't even pay a small money. Development? that's crap
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Shallow
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Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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December 05, 2019, 11:42:30 PM |
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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.
They do not fear any kind of dump but that is just an excuse to carryout their fraudulent activities. Let me even ask, does withholding or extending bounty payment prevent a token from dumping? The answer is no, many projects which held bounty payments are a shadow of themselves now to the extent they either refuse paying or otherwise. A good project worry less about bounty payment because they called for it and focus on how best to build their platform; there was one last year that paid with stablecoin others pays with BTC or ETH and yet it didn't kill the project.
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batang_bitcoin
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December 05, 2019, 11:42:38 PM |
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It's because Bitcoin and Ethereum are more precious than the tokens that they will reward to their bounty hunters. If it's an easy thing for them to reward you guys with that, then most of the bounties did that already. But you know why most of them can't? because they can't commit a certain amount of budget that contains real value whilst rewarding with their tokens lessen the risk on their part. They have made an idea of locking or delaying the rewards for specific token holders.
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tenakha
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December 05, 2019, 11:51:07 PM |
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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.
Perhaps the developers themselves do not trust their coins. If they divide some amount collected from the sale to bounty, they lose from their own pockets. But project coins are under their own management and can divide as many as they want. Actually, the distribution of ICO coins in bounty is an old "tradition", but this is a good way to prove what the problem is to devs that complain about bounty hunters.
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swivel1983@gmail.com
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December 05, 2019, 11:58:55 PM |
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I think that would be a good solution.Only not all developers are ready to go for it. To do this, it is necessary to have a good amount to pay for the work of bounty hunters.
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Maslate
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December 06, 2019, 12:28:30 AM Last edit: December 06, 2019, 09:35:18 AM by Maslate |
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Basically they don’t have much fund to pay the bounty hunter with bitcoin are any listed coins, they choose their own coin so every hunters will have the chance to experience it. If they fear to lose big during the exchange listing, then they wont last because they can’t handle this one. Even if the hunters dump their coin, if the project is good then expect for a big bounce back.
Bounty managers won't never pay their hunters with bitcoin or ethereum because they are very expensive coins. Instead, they will introduce their own tokens for promotion even if it means dumping their prices after listing on an exchange. And with this, bounty hunters will never be satisfied with the amount of tokens and their efforts have never paid off.
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princecharles
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December 06, 2019, 02:55:27 AM |
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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.
I wish the projects would buy into this idea of rewarding bounty hunters with ethereum or bitcoin. In most cases, the project don't care about the bounty hunters and are only willing to pay after the tokens must have been dumped by the team and investors. I'm personally of the opinion that its not the bounty hunters that dump the prices, rather it's the team members under the guise of bounty hunters. I wish issues as regards the altcoin bounty can change for the best.
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Pamadar
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December 06, 2019, 03:05:26 AM |
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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.
I wish the projects would buy into this idea of rewarding bounty hunters with ethereum or bitcoin. In most cases, the project don't care about the bounty hunters and are only willing to pay after the tokens must have been dumped by the team and investors. I'm personally of the opinion that its not the bounty hunters that dump the prices, rather it's the team members under the guise of bounty hunters. I wish issues as regards the altcoin bounty can change for the best. It's no longer a secret but realities around new projects. Most of them are the reason why the project got completely dumped and die after. No wonder why they gave the bounty after the coin being dumped, they wanted to make sure that the blames will be pointed to bounty hunters who have no other choice but to sell the coins since there's no chance that it will grow back since the market value is already down.
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LbtalkL
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December 06, 2019, 03:18:16 AM |
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If the project team itself fears the dump there is something wrong. They have no trust in their project so why should we? They only used bounty hunters as a shield or reason for dump. In fact, it's not. Bounty allocation is like 1 to 2 percent only of their tokensale on IEO or ICO a very small percentage. I can't imagine that small percentage can dump a project? Unless they are one manipulating it.
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Ailmand
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December 06, 2019, 03:47:21 AM |
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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.
Paying bounty through their token saves their project monry instead of paying via bitcoin or ethereum. Projects are blaming bounty hunters, but they should realize that the bounty pool is only a very small portion of their whole supply. If dumping is their concern they should also considering looking at the pre-sale investors who had a huge amount of discount at the early stage of their crowdfunding.
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totoy4741
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December 06, 2019, 04:34:19 AM |
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If the developers of the projects really wanted to their project to grow and make an establish name for it self they are doing something that would make the price stable even if token holders are dumping it. Mostly like they do buyback bonuses, staking or when they held bounties they their hunters in installment method, like they are distributing tokens in monthly basis or lock it up for a while to avoid massive dumping.
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nicolas1979
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December 06, 2019, 04:45:11 AM |
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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.
Developer need customer to create market, dump situation will make users feel bad and leave the product fast. They already have roadmap and rules that need to follow and I believe they can manage the risk. Dump not always fear for all of us but somehow can create optimist the coin will pump. We only need to follow developer policy and let them work, easy isn't?
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duuuuude
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December 06, 2019, 09:19:57 AM |
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It will be easier and cheaper for the project to give out in their own currency, although there are companies that paid with ether and bitcoin but this is rare and it seems that really good companies do this.
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irixo10
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December 06, 2019, 09:32:44 AM |
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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 not true, in fact no atom of truth; the team only use that as an avenue to mistreat their bounty hunters. Some will even lock the token for more than 6 months to 1 year and when times come for payment the token will just be worthless; now comes the funny part, they lock the bounty token because of dump and yet the token dumps before reaching the hunters, what happened? Who caused the crash of the token price? What did the team do to grow the token price? Answering this questions will open up the truth behind to what the team is hiding.
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Zeke_23
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December 06, 2019, 09:37:03 AM |
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It will be easier and cheaper for the project to give out in their own currency, although there are companies that paid with ether and bitcoin but this is rare and it seems that really good companies do this.
Exactly, since they don't need to cost so much just to provide bounty allocation fund to their bountt hunters if they just send their own created coin as bounty rewards. There are no bounties like that nowadays, it only happen before and you can't see something like that in any bounty campaigns today.
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piebeyb
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Bitcoin Trader
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December 06, 2019, 09:59:27 AM |
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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.
not all DUMPs come from bounty hunters, it can be from investors who get a bonus of a few percent from their IEO buyers or their ICO, it will be complicated if they pay bounty hunters with BTC or ETH, we see before the bounty hunter prizes are distributed, their prices fall first. they are afraid of dumping I think depends on the project, if their project and has a better product should not have to worry about dumping, but if it is worried it makes everyone realize that their products and projects are not classy, I think if they feel their products and projects are good no need to worry about dumping, this is just my thinking
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Trade on the go. Anywhere, anytime.
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starblocks
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December 06, 2019, 09:59:52 AM |
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More often than not its actually the large groups of investors who bought in early that dump a token if it does not experience positive price action as soon as it begins trading and depending on the quality of the project you can pick up some bargains if it becomes cheap enough and accumulates
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tiang_tower
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December 06, 2019, 10:45:43 AM |
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I think that would be a good solution.Only not all developers are ready to go for it. To do this, it is necessary to have a good amount to pay for the work of bounty hunters.
The problem now is that project developers cannot afford the work of bounty hunters, so now rewards for bounty hunters have begun to run low, thus making bounty hunters frustrated with the project.
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meliodas
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December 06, 2019, 12:37:45 PM |
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If they are afraid to see a huge dump on the price coming from the shares of the bounty hunters then they should minimize the allocated amount of reward for the bounty hunters. There is no wrong if the bounty hunters decided to sell their shares right away and it should not affect the team's motivation because if they really know that their project is worth it to pursue then they will not mind the dumps in the market.
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