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Author Topic: Confused, Your thoughts is needed  (Read 863 times)
Winscosinally (OP)
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December 05, 2019, 01:42:38 PM
 #1

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
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December 05, 2019, 01:58:13 PM
 #2

1% to 10% allocation is not really harmful to any token, but when that entire volume is dumped in the open market within a very short period of time, that starts hurting! Because if a coin price needs to be stable in such short dumping, the demand has to be higher than supply! Probably similar thing happen for the coin you've mentioned!

That's the reason why an ICO should never pay the entire bounty reward in one go. They need to bifurcate the schedule of reward payment so that not everyone goes to the market at the same time!

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December 05, 2019, 02:16:16 PM
 #3

1% to 5% is fine but giving 10% of the total max supply as a pool for bounty hunter will harm the project, is there any project offer that much of coin or token?
we need to consider the domino effect caused by the dump from bounty hunters. when the market is flooded by the sell orders and there is no demand supporting it, the investor will be shaken and it might cause an unending sell pressure that comes not only from bounty hunters but also comes from the investors.

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December 05, 2019, 02:19:37 PM
 #4


There were campaigns that pays just about 1/3 of the bounty for each month, it didn't work still. It happens all the time even before the bear market, it must be due to the investors taking their profit after collecting bonuses about 30% for being early in buying the tokens. Everybody dumps and come to think of it the team needs funds, why wouldn't they dump what they have as well?

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December 05, 2019, 02:20:43 PM
 #5

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
the project like tokoin  know that it will possoble to happen , so instead of creating a panic sell they decided to set a buy order and use some funds so market price will not be affected from bounty hunters selling. Other project dont want this to do because they dont want to waste any money and becuase of that even investors selling thier token because thier are affraid that the price get more lower .

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December 05, 2019, 02:25:53 PM
 #6

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Bounty dumping is the excuse every poorly planned and childish ICO projects put on to save their faces. The real dumping comes from the bonus investors and in cases of a scam project, the team itself. If the project is so concerned about the dumping, they could provide the bounty in other cryptos like bitcoin and Ethereum.
People still have the hang of ICO boom of 2017 and they thing their 10 minutes set up website is going to make them millionaires.



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December 05, 2019, 02:36:22 PM
 #7

as developer works on customs of manage as preparing plan on design with the release of message on anchoring the returns help as expecting with limit of numbers as funds to collects to begins with terms of work on projects plan.

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December 05, 2019, 02:45:28 PM
 #8

There's no exact value for which it can start the volume to drag down. As long as the demand keeps lowering, there will be an impact on its price as much as we can see on any coin. Most of the coins can't flee from dumping because of the investor's idea that most of these new projects will usually be dumped. So, before that happens, they are already doing it to save themselves.

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December 05, 2019, 02:52:40 PM
 #9

1% to 10% allocation is not really harmful to any token, but when that entire volume is dumped in the open market within a very short period of time, that starts hurting! Because if a coin price needs to be stable in such short dumping, the demand has to be higher than supply! Probably similar thing happen for the coin you've mentioned!

That's the reason why an ICO should never pay the entire bounty reward in one go. They need to bifurcate the schedule of reward payment so that not everyone goes to the market at the same time!

I agree with you that it is wise to pay hunters in a schedule payments system however, it won't be of much use if a project has poor volume or very low buy orders in the exchange because at the end of each payment, the price will keep getting worse. What makes Tokoin successful is because the project itself has a large volume and its listing on binance helped it achieve this as well. On many occasions, investors are largely responsible for dumping on exchanges. I can name several projects that delayed hunters payments - Harmony, Zeux and so on. They all fell in price months before hunters were paid.

Investors dump more because they have their money to lose

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December 05, 2019, 02:59:24 PM
 #10

You cited as an example a very good project that long before the distribution to the participants of the bounty was already listed on the exchange. Not all projects can behave this way after distribution, I observed such that the price after distribution to bounty participants fell several times since this coin was listed on exchanges with low liquidity.

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December 05, 2019, 03:08:21 PM
 #11

Actually I am not familiar with Tokoin Bounty since I have also not been joining on bounty hunting for almost a year.
But I can answer your question, because it doesn't really affect Tokoin's price as there is also a buy order that prevents the coin prices from being dropped even though many bounty hunter sells.

So bounty hunters and investors sacrifices and effort are worth it because they receive their reward correctly and the price doesn't fall.
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December 05, 2019, 03:11:29 PM
 #12

I think what makes the price last is the quality of the project. if the project has great quality, I think the price will last. 1% to 10% is a small amount, but if sold together it can also make the price dump, especially if there is no potential for the project concerned.
however, it all depends on the strategy of the team. if the price of the token does persist at a certain price even though the token for the bounty has been distributed, it means that the project is very promising and has good quality. that is what I think.

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December 05, 2019, 03:21:09 PM
Merited by Distinctin (2)
 #13

Don't get surprised if the market price of that said token will turn down cause it happens already to the others.

1%-10% of the total supply isn't big enough to affect its price but the question is how could investors will affect this. They are the bag holder and they hold more tokens than of bounty hunters which we could think that bounty hunters did this downfall trend but are just because nobody could manage to buy this thing. People aren't comfortable enough to take the risk nowadays, they only have an interest in a certain project that has already been supported by well-known exchanges just like it happens to BNB and Binance.



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December 05, 2019, 03:32:49 PM
 #14

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
The main facto why the project can be dumped caused by there was no a lot of demand in the market to create a support level to prevent the dump. Tokoin is an example of how the project with a lot of demand can keep its value. As you can see almost all of the icos were getting dumped caused by there is no a lot of demand to buy the coin from the hunters in the market. Remember tokoin is also putting a very small allocation to the bounty campaign and that doesn't give a significant impact to the price of the token.

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December 05, 2019, 03:37:22 PM
 #15

I was never interested in Tokoin. But if the price is able to protect itself, it means there is demand for it. The problem of other token prices to dump is the lack of a product to create demand. The fellas relate the decrease with the exchange, but the exchange is just a place to trade, if anybody is willing to get it, what is the difference. Anyway, always check whether the project is a demand generating.
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December 05, 2019, 03:42:27 PM
 #16

Actually that percent isn't huge at all lol.
Some projects have $0 of their own so bounty & marketing through crypto communities is the best solution for them (win-win situation).
YES, many bounty hunter grab the tokens & sell them the first day they can, but if the project is solid enough they would be eating their fingers couple months later.

Bounty campaigns is great & you can check BitCoinTalk history about some great project that are worth 5+ dollars now after couple months / years.
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December 05, 2019, 03:43:50 PM
 #17

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..






Quote
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value?
Most holders, (both the hunters and investors) are probably dumping the coin?

Quote
For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more

Interesting. The developers probably bought back from bounty hunters at the price (0.08). I think they did this to maintain the price, for the benefits of hunters, and to keep the price fairly stable. Another possible reason is that the coin could be in high demand .

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December 05, 2019, 03:46:15 PM
 #18

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there

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December 05, 2019, 03:46:32 PM
 #19

Even the smallest percentage can affect the whole situation of a certain project especially when most county hunters will dump all their coins. That could decrease the value of coins and even the developers couldn't control that. However, we can't control bounty hunters who are selling their coins right away. Most of us won't an assurance of gaining something before a coin drops down to the lowest price.
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December 05, 2019, 04:03:09 PM
 #20

Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume

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December 05, 2019, 04:21:58 PM
 #21

The problem is not entirely by the bounty hunter, the problem is with the projects. A weak project no one wants to buy, of course that will pull the price of the token down.

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December 05, 2019, 04:24:32 PM
 #22

I have no one to blame for this except the projects we promote ourselves, there is no way to know how serious a project teams can be until they proven their worth, if a project is very good there will surely be high demand for it which will keeps its value alive no matter how many dumpers there is.
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December 05, 2019, 04:35:35 PM
 #23

The price going downwards does not depend on a single factor but multiple factors. Bounty hunters dumping their rewards, the demand and the supply, the potential of the project, the current market trend etc.. are some factors which derive the price of a coin.
If a coin has no potential then it will create a very low or no demand and then if the bounty hunters dump their coins then it will obviously drag the price downwards whereas if the demand is good then the price would significantly increase over time.

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December 05, 2019, 04:59:26 PM
 #24

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there
yes, I agree as explained by this man. I have seen the tokoin project, which is true that their tokens can be traded on the Kucoin exchange and on the other hand, if I'm not mistaken, that the team distributed tokens to prize hunters through 4 stages or not all at once, maybe this is one of the factors why the price tokens do not go down drastically even though many prize hunters sell their tokens there.

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December 05, 2019, 05:27:28 PM
 #25

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

A dump is when holders sell at the same time and there's not enough buyers to keep the price high.

Sometimes you hear about bounty being "dumped" but it is not. What you think means it dumped is hunters selling their bounties but you have to remember that to have an impact they have to sell fast. If they hesitate and keep selling throughout the first month of trading there may not be enough downward pressure to make it look like a dump on charts. 10% dump in 1 day is big 10% in a week not so much.
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December 05, 2019, 05:53:29 PM
 #26

Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume
real use cases ? More of the token created now is no real use and you can only use that token for tradings .
Demand will be  needed to maintain that price  and if the project do not make any solution for bounty hunting selling then we can see that the price wil crash.

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December 05, 2019, 06:09:06 PM
 #27

Bounty dump doesn't affect the value of the coin if it's less but imagine a project offers 5% of token for bounty but if hunters dumps all together the value will be reduced little bit which sends a shock wave to other investors and they join the dumping ground which pulls the value down that's why there are some bounties who buys back the tokens to avoid bloodbath.

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December 05, 2019, 06:19:45 PM
 #28

As a rule after the end of the campaign, the bountists sell their tokens and the project can artificially keep the price by buying coins from themselves or make distributing coins monthly but this is not always good for hunters.
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December 05, 2019, 06:23:04 PM
 #29

Well, it depends on quite a number of factors you know.
1. For instance you need to consider the total supply of the coin that we are having such an allocation. Because if this is quite small then definitely it would cause such a huge dump but if the token is huge then it's nothing serious.
2. The use case of the project together with a working product are the backbone of every good token. If these are set right, then it does not matter how people dump, the price would shoot up for sure.

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December 05, 2019, 10:19:06 PM
 #30

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

This is proof that the team and the developers have a way to overcome the possibility of a dump, in this case the marketing team usually gives a trading promo with a certain prize or only by storing a certain token balance in the wallet. If you read the whitepaper and their future use case of the project, you might be found the reason why some tokens can be really strong (at the moment)

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December 05, 2019, 10:28:55 PM
 #31

It's either the demand for that coin exist and could withstand the dumping or the developers themselves are already preparing some capital to withstand the dummping and I think that's what a project should do if they want to keep their price high. But, there are also some project that after the distribution of token instead their price are going up because the overwhelming demand they got. It's all depend on the project itself.

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December 05, 2019, 10:31:06 PM
 #32

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Truth is projects are more solid than others
Some projects are mere rubber stamp project that would dump if 0.001% of their supply is sold
If you remember harmony ? It equally did well after bounty hunters were paid
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December 05, 2019, 10:33:22 PM
 #33

As a rule after the end of the campaign, the bountists sell their tokens and the project can artificially keep the price by buying coins from themselves or make distributing coins monthly but this is not always good for hunters.

It perfectly won't give a positive result cause most bounty hunters would like to sell their token quickly and it bends the price to drop. Though we think that it was just a small amount from the total supply but somehow it affects the price and it won't look good cause in most cases, no investors would like to buy tokens/coins that they never see potentiality to grow.

R


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December 05, 2019, 11:43:36 PM
 #34

There are many factors that can affect the price of a coin. But if the price is kept at a good level, it is very remarkable and interest in such a coin will always be.
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December 05, 2019, 11:44:01 PM
 #35

Bounty dumping is the excuse every poorly planned and childish ICO projects put on to save their faces. The real dumping comes from the bonus investors and in cases of a scam project, the team itself. If the project is so concerned about the dumping, they could provide the bounty in other cryptos like bitcoin and Ethereum.
People still have the hang of ICO boom of 2017 and they thing their 10 minutes set up website is going to make them millionaires.
Yes and that is always the reason for the team of developers who are not responsible for delaying distribution, draining allocations, and doing other dramas so that their good name is maintained. Though that is proof of their unprofessionalism, although we can tolerate it if they are not merely blaming bounty hunters as dumper, indeed understand that the market is not conducive.
The proof, as OP explained, there are still many projects that can still maintain price stability despite paying bounty hunters, it proves that a project that is really strong with a good strategy and good calculation will provide many benefits to all supporters.

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December 05, 2019, 11:48:59 PM
 #36

It's either the demand for that coin exist and could withstand the dumping or the developers themselves are already preparing some capital to withstand the dummping and I think that's what a project should do if they want to keep their price high. But, there are also some project that after the distribution of token instead their price are going up because the overwhelming demand they got. It's all depend on the project itself.

Because most of them are really crap projects. They blamed their hunters for dumping but as the OP had said, the allocation to bounty hunters is very small amount. So why would it significantly affect in the market? If the project is solid, they can rise from this small dumping of coins. But if not, expect that project will die anytime soon because it is created for the sole purpose of the dev team's pocket. A project with strong foundation will not continue to decline if they have something to offer to the community, but if it is empty, expect nothing will come out.
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December 06, 2019, 12:20:09 AM
 #37

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
the logic is that a coin or token will continue to rise if the trading volume increases and if there is no one then the token or coin will not go up an inch, it can go down. then the most dangerous thing is not dumping from the bounty hunter because the allocation is only a small amount of the total token, the most dangerous is after the coin is launched and it turns out that there is no interested person or buyer.
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December 06, 2019, 12:25:28 AM
 #38

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
the logic is that a coin or token will continue to rise if the trading volume increases and if there is no one then the token or coin will not go up an inch, it can go down. then the most dangerous thing is not dumping from the bounty hunter because the allocation is only a small amount of the total token, the most dangerous is after the coin is launched and it turns out that there is no interested person or buyer.

It's all matters to the performance of the  dev to create a  massive demand to their tokens and if they are just lame to wait for the people to buy it then for sure they will not get the success that they want. That's why we should select on which company is best if we want to be compensated that's why a research is the main key for that, And it's so dumb for people to tell that since for sure the reason why the token or coin dump is made by the investors together with the team since they are the one who receive the compensations and not the bounty hunters.

R


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December 06, 2019, 01:14:46 AM
 #39

I saw this project and can see that they are wise to provide distribution on four parts. Many promoters on telegram keep spamming messages about Tokoin and keep me wondering what is this project and I see based on CMC that the price didn't go down so bad and still up on its IEO price.

Good projects have some strategy for not letting their project dumps. Anyway, hopefully lots of projects or campaign is like this. Unfortunately I didn't join cause I usually join in signature but this campaign doesn't have any.

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December 06, 2019, 01:52:33 AM
 #40

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
the logic is that a coin or token will continue to rise if the trading volume increases and if there is no one then the token or coin will not go up an inch, it can go down. then the most dangerous thing is not dumping from the bounty hunter because the allocation is only a small amount of the total token, the most dangerous is after the coin is launched and it turns out that there is no interested person or buyer.
If there's no interest coming from the investors then everything will go and dumped the coins without any further wait. That's the natural reactions
coming from every crypto persons. No interest means that the assets will be stuck up from your wallet if you failed to sell it out after being listed to any exchange, that's the saddest truth that everyone  needs to understand.

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December 06, 2019, 02:39:20 AM
 #41

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
the logic is that a coin or token will continue to rise if the trading volume increases and if there is no one then the token or coin will not go up an inch, it can go down. then the most dangerous thing is not dumping from the bounty hunter because the allocation is only a small amount of the total token, the most dangerous is after the coin is launched and it turns out that there is no interested person or buyer.
If there's no interest coming from the investors then everything will go and dumped the coins without any further wait. That's the natural reactions
coming from every crypto persons. No interest means that the assets will be stuck up from your wallet if you failed to sell it out after being listed to any exchange, that's the saddest truth that everyone  needs to understand.
if you imagine it's as if the crypto world is a hard one. where we have to be good at taking advantage of opportunities, if not, we will fall prey to others. but on the other hand in the crypto world gives a good return if we are good at analyzing. then there are still many people who believe here


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December 06, 2019, 02:52:35 AM
Last edit: December 06, 2019, 03:10:15 AM by LouVandetta
 #42

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
I think it's all because supply and demand. As long as the bounty hunters didn't dump all of their coins in one go with a very short period of time, I think the price might survive in a stable state.

It's either the demand for that coin exist and could withstand the dumping or the developers themselves are already preparing some capital to withstand the dummping and I think that's what a project should do if they want to keep their price high. But, there are also some project that after the distribution of token instead their price are going up because the overwhelming demand they got. It's all depend on the project itself.
This too, sometimes I wonder if the developers themselves was the one that helping the price to prevent from the dumping of the hunters and all.
Whichever it is, there's always a risk that bounty hunters might affect the price once they received their rewards and coin/token already listed on an exchange, they might go all out in selling their rewards.
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December 06, 2019, 02:56:16 AM
 #43

I saw this project and can see that they are wise to provide distribution on four parts. Many promoters on telegram keep spamming messages about Tokoin and keep me wondering what is this project and I see based on CMC that the price didn't go down so bad and still up on its IEO price.

Good projects have some strategy for not letting their project dumps. Anyway, hopefully lots of projects or campaign is like this. Unfortunately I didn't join cause I usually join in signature but this campaign doesn't have any.

Usually a price won't stand still longer if a project really have a long time of distributing their tokens. Because many new projects are born almost every day so people will move to others if they wait to long for one project.

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December 06, 2019, 03:08:27 AM
 #44

Most people blame the bounty hunter who makes the price dump on the market because they sell coins from the bounty. I don't think it's anyone's fault, this is the fairness of the market. Bounty hunters sell their coins because they need money, and people who buy them will be very happy because they are definitely under ICO prices, usually.
And I think an allocation of 1-10% has no effect unless the big investor sells the coin. On the other hand, many developers sell their own coins for a profit.
So I think blaming bounty hunters is not a good thing.



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December 06, 2019, 05:45:43 AM
 #45

Bounty hunters are blamed by team and investors for dumping the price but the amount allocated to the bounty is just a small portion of their total supply which I think has a really small significance or effect to the market price. Early investors or pre-sale investors get a huge discount or bonus and most of them are whales who are buying a big portion of the token or coin which most of the time dumps once the coin gets listed.

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December 06, 2019, 05:49:52 AM
 #46

Allocating 1-10% of token supply is harmful when the token has huge supply. Say a token has a supply of 10m tokens, you allocate 10% to hunters which is 1,000,000 tokens if after the campaign your token is valued at $0.1, if every hunter sells the token price will drop down to $0.001 because there's only sell pressure no buying of such token. Even at one percent dump the sell pressure is the same its harmful to token health.
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December 06, 2019, 05:52:51 AM
 #47

Market has mystery way and theory different with the field. You can argue with all analyze you have but market has different answer. We only need to recognize market behavior and practice with one strategy in all condition. I can't answer your question but don't try too hard just follow developer step read the market and decide what the best for you.

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December 06, 2019, 06:53:14 AM
 #48

Market has mystery way and theory different with the field. You can argue with all analyze you have but market has different answer. We only need to recognize market behavior and practice with one strategy in all condition. I can't answer your question but don't try too hard just follow developer step read the market and decide what the best for you.
I don’t think that it is a mystery because there’s a reason as why it is happening. We can talk about how simple and complicated it is but it always breaks down to the basic principle of supply and demand. In trading there’s what we call resistance or also known as the buy orders. In the situation that the OP had mentioned, although there are dumps made by the bounty hunters it doesn’t affect the price that much because there’s enough resistance or demand to catch those who are selling their coins or tokens.



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December 06, 2019, 07:01:53 AM
 #49

Not all crowd sales are the same and some have good buy support, whether it be a whale or professional trader accumulation or a price floor provided by the project itself, and you can check beforehand if there's any buy support that will be provided by the startup which may be beneficial to counteract dumping

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December 06, 2019, 07:11:46 AM
 #50

Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume
Is it possible for a coin or token to stay at an ICO price on exchanges even if there is no buyers? now i see that demand and supply is the answer, demand must always be higher to maintain or even grow more in value, am i right?
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December 06, 2019, 07:17:38 AM
 #51

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
As I know, The investors also dump their token while hunter are selling their token because they are afraid to lost their money because of falling the price of a token. Speaking of tokoin, Tokoin have a solution to avoid dumping, They are divided in to a 4 parts of their distribution and that was a very good decision and idea. So they are avoided the dump of tokens while distributing to the participants.
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December 06, 2019, 07:23:31 AM
 #52

I saw this project and can see that they are wise to provide distribution on four parts. Many promoters on telegram keep spamming messages about Tokoin and keep me wondering what is this project and I see based on CMC that the price didn't go down so bad and still up on its IEO price.

Good projects have some strategy for not letting their project dumps. Anyway, hopefully lots of projects or campaign is like this. Unfortunately I didn't join cause I usually join in signature but this campaign doesn't have any.
Good point, i missed tokoin bounty intentionally because it has no signature campaign, still don't know why bounties from Arteezy are like that once in a while, same thing as IAT presently, its all down to every project teams, if they are smart enough their token won't lose value

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December 06, 2019, 07:26:16 AM
 #53

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
As I know, The investors also dump their token while hunter are selling their token because they are afraid to lost their money because of falling the price of a token. Speaking of tokoin, Tokoin have a solution to avoid dumping, They are divided in to a 4 parts of their distribution and that was a very good decision and idea. So they are avoided the dump of tokens while distributing to the participants.
I don't belief its because they divide bounty distribution that is why tokoin price doesn't fall, i have joined two bounties that divide distribution but on getting the first round of the reward the price drop sharply on exchange, i think there is more high demand for tokoin that is why it still standing strong

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December 06, 2019, 09:17:54 AM
 #54

Trading volume is the problem here, when dumpers are higher than those who wants to buy there will be no volume left on the exchange, what should be important when hunting bounties is real use cases, when there is better demand there will always be volume
Is it possible for a coin or token to stay at an ICO price on exchanges even if there is no buyers? now i see that demand and supply is the answer, demand must always be higher to maintain or even grow more in value, am i right?

Liquidity, use-case and demand are the factors that I think of which help the coin to remain on its initial ICO price or maybe go up higher if there is a lot of demand from crypto  investors. 90% of bounty hunters will always dump the coin and if the project is good then this is the opportunity for investors to increase their holding in cheaper price.

 
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bitvalak
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December 06, 2019, 08:11:00 PM
 #55

1% to 10% allocation is not really harmful to any token, but when that entire volume is dumped in the open market within a very short period of time, that starts hurting! Because if a coin price needs to be stable in such short dumping, the demand has to be higher than supply! Probably similar thing happen for the coin you've mentioned!

That's the reason why an ICO should never pay the entire bounty reward in one go. They need to bifurcate the schedule of reward payment so that not everyone goes to the market at the same time!
I agree with you, making payments must be divided into scheduled times so that there are no dumpers made by bounty hunters.
Cause we all know that dumper ICO token are actually carried out by bounty hunters, which causes very painful prices for investors.

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salty
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December 06, 2019, 08:36:23 PM
 #56

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
I would like to answer you specifically on the Tokoin project.My opinion why the price remained the same is that their Toko token was not tied to the pair to bitcoin.Also one of the advantages of this project is that it is supported by the government of Indonesia.
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December 06, 2019, 09:10:32 PM
 #57

The percentage of bounty reward is not what precisely determines the amount to be delivered but the softcap - hardcap acquired.the fact that most new projects drops quickly after delivery as led many also to quick selling out of their bounty rewards. Bounty Hunter have discovered that waiting for a pump may take a long time which is not that encouraging.
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December 06, 2019, 09:12:27 PM
 #58

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
I would like to answer you specifically on the Tokoin project.My opinion why the price remained the same is that their Toko token was not tied to the pair to bitcoin.Also one of the advantages of this project is that it is supported by the government of Indonesia.
Why do you think it is not depended on BTC? Because it is sold with USDT at Kucoin? I do not think that is right. It is the product that always keeps the project invincible. I do not know how government companies influence the price, but it is clear that psychology is affected. So, government supported coins are best for everyone, because a great power behind the project is always preferable.
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December 06, 2019, 09:41:28 PM
 #59

Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
I suggest you to HODL Token TOKO (TOKOIN) that you have

TOKOIN is one of the cryptocurrency projects handled by professional businessmen from Indonesia, you can find the profile of the founder of TOKOIN on Google. the price of Tokoin will be high in the future.

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December 06, 2019, 09:57:40 PM
 #60

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

For some ICO or token sales, the bolded part is the true cause of it.
But then, the 10% us not much, but it can still affect the market been that  some of those who participate into ICO are not interested in the coin or the idea but on the kite fund. So immediately the coin hit the market, the sell off immediately, thus, shaking the token price.
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December 06, 2019, 10:12:24 PM
 #61

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
i really love this and would have given you a merit if i was able to. i have been waiting for a post like to bring people to the light that this projects use hunters as a scape goat and as an excuse to their bad acts. its difficult to find a trusted project.

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December 06, 2019, 10:21:14 PM
 #62

1% to 10% allocation is not really harmful to any token, but when that entire volume is dumped in the open market within a very short period of time, that starts hurting! Because if a coin price needs to be stable in such short dumping, the demand has to be higher than supply! Probably similar thing happen for the coin you've mentioned!

That's the reason why an ICO should never pay the entire bounty reward in one go. They need to bifurcate the schedule of reward payment so that not everyone goes to the market at the same time!
I agree with you, making payments must be divided into scheduled times so that there are no dumpers made by bounty hunters.
Cause we all know that dumper ICO token are actually carried out by bounty hunters, which causes very painful prices for investors.

This should be implemented as soon as possible, in order that it will minimize market crashes specially when an ico was just starting to promote their specific coin. On that strategies, it coul protect the intention of many investors who trusted the project itself. Without them, the project won't work out along with the developers.
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December 06, 2019, 10:26:59 PM
 #63

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
The percentage of bounty is only a trigger, if the team and investors are in a hold position, the price will not fall apart.

Tokoin allocates around 40% for industrial funds, so most of the allocations are not for the instant market in their first quarter. The foundation of tokoin is indeed ripe before the sale. they prepared neat compositions, including influential advisors from national institutions and community-based technopreneurs.



 

 

 

 

 

 


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December 06, 2019, 10:30:10 PM
 #64

The percentage of bounty reward is not what precisely determines the amount to be delivered but the softcap - hardcap acquired.the fact that most new projects drops quickly after delivery as led many also to quick selling out of their bounty rewards. Bounty Hunter have discovered that waiting for a pump may take a long time which is not that encouraging.
Waiting for nothing...this is the most common scenario that it happens and so bounty hunters decided to sell their tokens immediately upon received for they know that and even before that prices went down drastically. We can't blame them either cause they are taking also what they would like to do. But it is just sad that for those simple actions it ruins the project and turns down (and most of them never recover anymore).
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December 06, 2019, 10:59:40 PM
 #65

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Huge allocation for sure can dump project. But if there is a lot buyers - the prise will stabil but volume will increase. Or even price can go up. Allocation not everytime important.
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December 06, 2019, 11:40:41 PM
 #66

If there is a campaign to promote the project, the promises must be kept. Because the projects are collecting big money. It's a bad thing they're paying late for bounty hunters for the small amount they're distributing.
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December 07, 2019, 12:00:54 AM
 #67

If there is a campaign to promote the project, the promises must be kept. Because the projects are collecting big money. It's a bad thing they're paying late for bounty hunters for the small amount they're distributing.
But at first, as a bounty hunter, we also know the possibilities of that occurring sentiment. We have this kind of problem before and it getting worse by now.  For this is a reason why some bounty hunters aren't eager enough to participate in promoting a project in which they feel that it won't provide their promises and most likely, they only participate if they find out that it is already listed in the market.

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December 07, 2019, 02:50:15 AM
 #68

The problem with the dump most times is not with the bounty hunters, i guess some are holding the coin even before bounty hunters were given and they tend to dump along with bounty hunters.

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December 07, 2019, 03:14:10 AM
 #69

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
It will always depend to the marketing side and to the demand of the project for example let's use Tokoin. If you see that Tokoin has a big chance to prosper in the future then what will be your next move, let's say you have good amount of Tokoin because you joined in bounty campaign.

Are you going to sell it like other bounty participants? The answer if very clear, if you are a wise bounty hunter then you will hold it until the price will climb and reach your target price for selling. And other investors are doing it because most of the dump will come from the investors and not from bounty participants because 1-10% is a small amount of token to move the price but if the investors will do the dump then the price will surely shrink in just a short period of time.

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December 07, 2019, 05:16:46 AM
 #70

the tokoin dev project holds or locks 80% of tokens, that's why the price doesn't go down, and also they announce the distribution of tokens for 4 times to avoid dumping.

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Oneandpure
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December 07, 2019, 05:43:21 AM
 #71

Almost bounty campaign allocated about 1% to 5% depend with how much their coin and have 0.5% bounty give allocated reward for bounty campaign participants, I confused when getting investor always said bounty hunter make price coin dump, why not asking with developer how much allocation for their team and advice and what they have sell coin or not before claim bounty hunter make price dump.

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December 07, 2019, 04:00:43 PM
 #72

Not all projects raise a large amount of money, there are some projects that only get 50% or less of the target funds to be collected. late payment of the reward bounty with a small allocation was because the project was unable to reach the softcap according to the roadmap and then the payment would be delayed.
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December 07, 2019, 11:02:10 PM
 #73

Bounty hunters are running out of energy. And not as many awards as before. In other words, it is unlikely that prices will be affected by the tokens sold by bounty hunters. These are my comments. Many projects have difficulty entering Exchange.
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December 08, 2019, 01:19:05 AM
 #74

well, the only good thing what i got here is bounty hunter is not a part of dumped of a project.
then may u asked , why on another project price down suddenly when bounty has distributed ? because bounty hunter is quite smart to seeing the chance of that project going. i mean, a investor sell their token immediately after know bounty has been given to participant, so what bounty hunter think , the project is not going well , i must sell it quickly.
but , about TOKOIN , the investor still hodl their token , so i am sure mostly bounty hunter still hodl their tokens, and also , the team have a good plan to giving out the bounty with 4 times payment with 25% of bounty every paying.

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December 08, 2019, 01:23:29 AM
 #75

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Because 1-10% is much. Don't think all 100% supply is already there when a coin just enter the market, it depends on how many token sold when crowdfunding held. If investors are just buying 5% of it, then all the 10% bounty hunters dump it, price must be crashed hard.

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December 08, 2019, 11:05:22 PM
 #76

The bounties are becoming increasingly confused and above all less and less profitable.
If some valid and convincing project does not appear, I will not waste any more time.

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December 08, 2019, 11:27:46 PM
 #77

If the team takes measures to improve the position of its token, then no dumping will be afraid of it. Therefore, if the coin has fallen in price, then neither bounty hunters nor investors have anything to do with it.

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December 09, 2019, 01:32:32 AM
 #78

In most cases, the developers are the dumpers, they dump their tokens and leave investors to suffer. Private sale investors also who usually get the tokens significantly cheaper than ICO/IEO investors don't help, especially when they see price tanking.

In the case of Tokoin, I believer the exchange has a lot to do with it, a good exchange goes a long way in sustaining a project's token price.

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December 09, 2019, 01:42:06 AM
 #79

Some of their projects dare to put a buyback in order not to happen dump during distribution and because the allocation of a little does not make their prices can dump too deep. Many are unwilling to issue a developer's capital and make their coin dump in vain by the hunters and investors who get huge bonuses without putting up a buyback too risky a deep dump.

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December 09, 2019, 01:48:34 AM
 #80

In most cases, the developers are the dumpers, they dump their tokens and leave investors to suffer. Private sale investors also who usually get the tokens significantly cheaper than ICO/IEO investors don't help, especially when they see price tanking.

In the case of Tokoin, I believer the exchange has a lot to do with it, a good exchange goes a long way in sustaining a project's token price.
investors and tokoin holders understand well that the project does have good competence as a digital identity / bookkeeping for micro businesses, especially in Indonesia, so it is not a passive coin in the long run. Your analysis of the average project is like that, their weakness is not determined by what is obtained by the bounty hunter, because they only get a minority stake.

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December 09, 2019, 02:02:02 AM
 #81

In most cases, the developers are the dumpers, they dump their tokens and leave investors to suffer. Private sale investors also who usually get the tokens significantly cheaper than ICO/IEO investors don't help, especially when they see price tanking.

In the case of Tokoin, I believer the exchange has a lot to do with it, a good exchange goes a long way in sustaining a project's token price.
investors and tokoin holders understand well that the project does have good competence as a digital identity / bookkeeping for micro businesses, especially in Indonesia, so it is not a passive coin in the long run. Your analysis of the average project is like that, their weakness is not determined by what is obtained by the bounty hunter, because they only get a minority stake.
basically if the team wanted to work on the project really really I don't think such a thing would happen. Prize hunters are not the main reason for dumps, they only hold a minority of outstanding tokens. I think investors and teams who have more power to do that. therefore if the team works hard to develop the project, I don't think that will happen

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December 09, 2019, 11:57:05 AM
 #82

A lot depends on the exchange, on the liquidity of the coin, for top exchanges 1-10% will not make a strong price change, which cannot be said about other exchanges, not from the Top 100. The idea of ​​the project is also very important, if a coin is in demand, this will also affect the price.


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December 09, 2019, 12:27:51 PM
 #83

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
you are very lucky to join Tokoin, Tokoin a new project that can really be trusted for the next few years,
in my opinion the new project failed because the number of enthusiasts from the tokens is very small, you can see it from their order book

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December 09, 2019, 12:30:53 PM
 #84

The bounties are becoming increasingly confused and above all less and less profitable.
If some valid and convincing project does not appear, I will not waste any more time.

Everything has always a bad time, and bounty is experiencing it right now.
It's okay to keep doing it or leave it behind and do something productive besides bounty, or we could increase our rank with big efforts so we could join bounty with BTC payment, we have to be more patient to chase this current market and crypto world condition for bounty hunters

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December 09, 2019, 12:45:53 PM
Last edit: December 10, 2019, 10:38:26 PM by jajorforce
 #85

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
You can blame those people who can't nothing with it  like bounty hunters. We are all dumping price as we need. Real projects those project has high volume no liquidity pool, this type of project dump because of token supply.
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December 09, 2019, 12:59:48 PM
 #86

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there
he's not talking about Tokoin. he's actually talking about other tokens. and just mentioned tokoin as an example. he simply meant that why tokoin didn't dumped if other tokens are massively dumping just because bounty hunters selling their tokens.
I think other tokens are dumping because they are not that much demanding compared to tokoin. tokoin has a very good demand and team doing hard to maintain that.

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December 09, 2019, 01:33:25 PM
 #87

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there
he's not talking about Tokoin. he's actually talking about other tokens. and just mentioned tokoin as an example. he simply meant that why tokoin didn't dumped if other tokens are massively dumping just because bounty hunters selling their tokens.
I think other tokens are dumping because they are not that much demanding compared to tokoin. tokoin has a very good demand and team doing hard to maintain that.
and also based on their telegram group, they will distributed token reward in several part. it will keep again from price dumping. another bounty manager or developers team should follow this way. token price depend on its demand in market, and if dev team could created by providing good projects and developtment progress. no matter how much bounty allocation as long as they able to do this i am sure price will maintained.
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December 09, 2019, 01:48:22 PM
 #88

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there
he's not talking about Tokoin. he's actually talking about other tokens. and just mentioned tokoin as an example. he simply meant that why tokoin didn't dumped if other tokens are massively dumping just because bounty hunters selling their tokens.
I think other tokens are dumping because they are not that much demanding compared to tokoin. tokoin has a very good demand and team doing hard to maintain that.
and also based on their telegram group, they will distributed token reward in several part. it will keep again from price dumping. another bounty manager or developers team should follow this way. token price depend on its demand in market, and if dev team could created by providing good projects and developtment progress. no matter how much bounty allocation as long as they able to do this i am sure price will maintained.
That is only showing that Tokoin has its own way to avoid their coin to drop its price. Having an alternative action like this only proves that the project is really promising. Developers should have this kind of plan in their project, it is not only to benefit themselves but everyone that supports the project.

To answer OP, 1-10% of bounty allocation has still an effect in the market, however, it will only become critical when even investors and the team will dump their coin. In the case of Tokoin, the coin still remain with its original price because the team has its own action plan when the dumping of coin will come. That's why even after bounty hunters dump their holdings, it didn't go down just like the other coin.



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December 09, 2019, 03:01:05 PM
 #89

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Some bounty campaign hype that kind of FUD and it became a virus.
All the bounty campaigns suddenly blames the bounty hunters for selling early after the listing in one exchange.
Well, it should not really hurt the market of the token. It is really their fault for letting their token buyers sell all the tokens that had bought from them including the bonuses.
At the first place they should've assigned a time into which those bonuses will be given to avoid selling them at the early stage.
That is the only solution I could think of.
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December 11, 2019, 01:32:26 PM
 #90

i just check the project that you are talking about which is Tokoin and that project already made 2 bounty with the total amount allocated just around 2 million Toko which is just 0.1% from the total supply
and currently it being sold at kucoin which is a good exchange, so if all the bounty hunter sold their tokens i think it's still not affect the price because i just saw at kucoin that there is a huge buy order there
he's not talking about Tokoin. he's actually talking about other tokens. and just mentioned tokoin as an example. he simply meant that why tokoin didn't dumped if other tokens are massively dumping just because bounty hunters selling their tokens.
I think other tokens are dumping because they are not that much demanding compared to tokoin. tokoin has a very good demand and team doing hard to maintain that.
and also based on their telegram group, they will distributed token reward in several part. it will keep again from price dumping. another bounty manager or developers team should follow this way. token price depend on its demand in market, and if dev team could created by providing good projects and developtment progress. no matter how much bounty allocation as long as they able to do this i am sure price will maintained.
That is only showing that Tokoin has its own way to avoid their coin to drop its price. Having an alternative action like this only proves that the project is really promising. Developers should have this kind of plan in their project, it is not only to benefit themselves but everyone that supports the project.

To answer OP, 1-10% of bounty allocation has still an effect in the market, however, it will only become critical when even investors and the team will dump their coin. In the case of Tokoin, the coin still remain with its original price because the team has its own action plan when the dumping of coin will come. That's why even after bounty hunters dump their holdings, it didn't go down just like the other coin.

Exactly. The Tokoin project is invested by a large number of investors. Currently, they only unlock a very small percentage of tokens to control the market price is not reduced compared to other altcoins.

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December 11, 2019, 02:08:58 PM
 #91

as time on terms with the manage of the service deliverance gives with the number on closing unit of transaction investors to manage as expecting with different limit on expectation as the uses work with the chance as following chart on table of disk with the business on bitcoin finance.


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December 11, 2019, 04:16:30 PM
 #92

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Some bounty campaign hype that kind of FUD and it became a virus.
All the bounty campaigns suddenly blames the bounty hunters for selling early after the listing in one exchange.
Well, it should not really hurt the market of the token. It is really their fault for letting their token buyers sell all the tokens that had bought from them including the bonuses.
At the first place they should've assigned a time into which those bonuses will be given to avoid selling them at the early stage.
That is the only solution I could think of.

That's why we should be careful with them, let's not too hype with the bounty allocation as this is one of the indication that a project is scam, they will hype the market and will also convince a lot of bounty hunters for them to be able to tell the world that they are legit, so asking other people and doing investigation is a great step for you to avoid those kind of strategies.
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December 11, 2019, 04:39:16 PM
 #93

Hello! Yes, I also had this when the bounty participants received their rewards and thereby lowered the value of the coin. But there, the project itself bought back the coins and thereby kept the value in place.

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December 11, 2019, 05:04:36 PM
 #94

Tokoin team did a very smart token allocation. They are distributing 25 percent of rewards each month, so nobody can dump whole tokens at once. Secondly, Tokoin has a great trading volume  and several bounty tokens do not crash the price.
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December 11, 2019, 05:13:12 PM
 #95

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Not all bounty hunters are dumping or not all bounty hunters are the cause of dumping in fact I have seen one coin being dumped and bounty hunters share are all still locked in their wallet, it's the huge bonus that they offer to early birds investors that caused the coin to be dumped, and still go down to the kind of project that you have, people will dump if they sense the dev will leave the project.


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December 14, 2019, 04:28:02 AM
 #96

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

1% of max supply i would say its okayish
10% seems pretty huge tho

Anyhow if the project is huge and hype enough, 1% token wouldn't matters especially when the price is going up
I would say at least 50% of people from bounty won't dump straight away but wait h igher

It really depends on the demand and supply at last
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December 14, 2019, 04:59:43 AM
 #97

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Not all bounty hunters are dumping or not all bounty hunters are the cause of dumping in fact I have seen one coin being dumped and bounty hunters share are all still locked in their wallet, it's the huge bonus that they offer to early birds investors that caused the coin to be dumped, and still go down to the kind of project that you have, people will dump if they sense the dev will leave the project.

It should be 1% for bounty hunters if are dumping does not make a big decrease, but of course, several factors such as volume and big market are very influential. dev may not play behind even though the bounty allocation has not been distributed, decentralized tokens can't be dumped by dev. I think the reason is clear, it all comes from the initial phase buyers who get a lot of bonuses, so they throw away in large quantities.
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December 14, 2019, 05:50:57 AM
 #98

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.
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December 14, 2019, 05:58:12 AM
 #99

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.
That is how bias the world through bounty hunters. They tend to put the blame to bounty hunters where they don't really hold a huge part of the supply and their bounty is not actually affect the price of the market.


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December 14, 2019, 06:09:21 AM
 #100

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.
Bounty hunters being use a front row to be blamed once the value of the project fall to hard, many forget about the allocated bounty rewards. The amount of those coins who falls in the hands of early investors and portions of coins with the developers funds are mostly the best reason how things fall so quick after being listed from the exchange.

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December 14, 2019, 06:21:02 AM
 #101

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.
Bounty hunters being use a front row to be blamed once the value of the project fall to hard, many forget about the allocated bounty rewards. The amount of those coins who falls in the hands of early investors and portions of coins with the developers funds are mostly the best reason how things fall so quick after being listed from the exchange.
The phenomenon seems to have become a habit where after listing on the exchange, the price immediately dumped. it's not fair if only bounty hunters are blamed, because the token quota for bounty hunters is very small, so they are not the main factor.

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December 14, 2019, 05:54:03 PM
 #102

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Not all bounty hunters are dumping or not all bounty hunters are the cause of dumping in fact I have seen one coin being dumped and bounty hunters share are all still locked in their wallet, it's the huge bonus that they offer to early birds investors that caused the coin to be dumped, and still go down to the kind of project that you have, people will dump if they sense the dev will leave the project.
I think bounty hunters are just the tip of the iceberg. the main dump of the coin price is not at all because of them. maximum damage which bounty hunters can cause to the project is 5-10 percent. the rest of the coins are sold either by the team or by some interested persons.

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December 14, 2019, 07:14:31 PM
 #103

Your failure to receive a bonus may be due to the fact that you have not thoroughly investigated your details for verification, or because you have calculated it incorrectly. but I think it may be because the projects are not transparent to keep some money for them. losing 1% to 10% is a pretty large number of condolences to you.
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December 15, 2019, 12:12:58 AM
 #104

Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.

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December 15, 2019, 06:34:02 AM
 #105

Developer will take part to keep their product has market, believe or not sometimes they also become buyer/ seller in exchanges. Price not moving ( sideways ) because buyer and seller has the same transaction in quantity and quality, we can't control it. Why you can confuse about something that you don't have control, you're funny man.

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December 15, 2019, 10:32:18 AM
 #106

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..


Usually 1% or 2% of total supply is allocated for bounty campaigns. And this rate may not be effective enough to cause big declines in the price of a token. But when bounty hunters start selling tokens, usually short-term investors start selling their tokens too. This leads to a decrease in the price of the token that does not already have too many buying demands in the market.
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December 15, 2019, 11:25:59 AM
 #107

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

I do not agree to the concept that bounty hunters sell their tokens cheap and rates of tokens decreases, there may be temporary prize depreciation but it bounty rewards share is not that big that it drag the price of any token 10x low. Recently I came across one bounty campaign called BBOD, although bounty prizes are not distributed yet still someone has 33k BBOD tokens to sell on Forkdelta and that too when it is officially not launched. Where did these 33k token come from? This is a big question. IEO owner's act cannot be denied in such a big amount.

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December 15, 2019, 11:40:39 AM
 #108

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
in my opinion the price depend on the demand of the coin
if the coin have a potential or purpose many people will try to invest in it that will give it a large buy support






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December 15, 2019, 12:28:11 PM
 #109

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
in my opinion the price depend on the demand of the coin
if the coin have a potential or purpose many people will try to invest in it that will give it a large buy support


it is true that market demand can move prices purely, we need to assess the projects that are being followed because otherwise we will experience prices that are not in accordance with initial speculation. and this is common in new projects growing in the market
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December 15, 2019, 12:51:38 PM
 #110

Personally, I can say the following about this. Since this token is now in demand and many users have already sold it and made their right choice. The Tokoin project is currently a very promising project and many have already earned good rewards. And I believe that now everyone is draining their tokens in the hope of getting at least some profit. And now everyone decides to sell or leave for himself.
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December 15, 2019, 01:33:15 PM
 #111

Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.
if the volume is small, the 1% bounty allocation sent by us does not seem to mean anything,
because there are no demand on DEX, there are many cases like this, making these tokens only for display in the wallet

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December 15, 2019, 04:18:51 PM
 #112

Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.
I agree with you, The initial projects listed on exchanges are very low volume and there is no buy wall. So when the bounty receives the token, dumping occurs and the project collapses. Ideally, the project should lock tokens and make payments every month, it will limit the dumping from the bounty

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December 15, 2019, 04:37:29 PM
 #113

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Not all bounty hunters are dumping or not all bounty hunters are the cause of dumping in fact I have seen one coin being dumped and bounty hunters share are all still locked in their wallet, it's the huge bonus that they offer to early birds investors that caused the coin to be dumped, and still go down to the kind of project that you have, people will dump if they sense the dev will leave the project.
People are still blaming the hunters are the main factor who create a big dump without realize about the fact that project itself make the investors are dumping their tokens. Even if that project doesn't offer a huge bonus and when investors realize if that was a crap project and they will dump it. in this case bounty participants just like a victim.

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December 15, 2019, 04:52:02 PM
 #114

Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.
I agree with you, The initial projects listed on exchanges are very low volume and there is no buy wall. So when the bounty receives the token, dumping occurs and the project collapses. Ideally, the project should lock tokens and make payments every month, it will limit the dumping from the bounty
Well, actually you are right. But if listed on exchanges and no volume, maybe developer itself not serious. Because some of them maybe will concern with it and make allocation to make support. And if there are no buy wall, not only bounty hunters, investors will be worried about it and will think the project is bad and they can dump their coin. A lot of reason really can be affect to price of a coin in market.

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December 15, 2019, 05:05:09 PM
 #115

The allocation for airdrop and bounty hunters is not large so it is quite unreasonable that the price of the project drops when all is distributed, because some projects are really serious they always make a reserve of funds to accommodate the disposal of their tokens from the hunters. Most likely the decline occurred because many investors actually buy it when pre-sale, because when pre-sale prices will be cheaper and many get bonuses.
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December 15, 2019, 05:27:23 PM
 #116

The allocation for airdrop and bounty hunters is not large so it is quite unreasonable that the price of the project drops when all is distributed, because some projects are really serious they always make a reserve of funds to accommodate the disposal of their tokens from the hunters. Most likely the decline occurred because many investors actually buy it when pre-sale, because when pre-sale prices will be cheaper and many get bonuses.
bounty hunters also contribute to falling prices. For bounty hunters, there is not a large percentage of payments, but they sell their tokens at very low prices and that is why prices are going down. even if 2 percent of tokens are sold at very low prices, we will see the dump. I'm not saying that only bounty hunters are have to be blamed, but they are also involved


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December 15, 2019, 05:29:56 PM
 #117

Even 1% of bounty allocation can cause a huge dump in some cases. For example when the volumes are too small - on a DEX or just some noname exchanges. Or when this first small dump launches a chain reaction causing people to feel FUD.
I agree with you, The initial projects listed on exchanges are very low volume and there is no buy wall. So when the bounty receives the token, dumping occurs and the project collapses. Ideally, the project should lock tokens and make payments every month, it will limit the dumping from the bounty
But if the team plan ahead of time and expect this such actions they can easily buy those coins and hold it then continue the progress. Such small amount of percentage won't be able to affect the entire progress if the team are well prepared. It should be anticipated as most of the bounty hunters are always after with rewards value and none the less.
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December 15, 2019, 05:45:24 PM
 #118

I would say that much always depends on the solutions you consider for investing. And even if you don't want to invest somewhere, it is very important to be careful with just choosing solutions that you can call your favorite ones.
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December 15, 2019, 05:47:18 PM
 #119

I would say that much always depends on the solutions you consider for investing. And even if you don't want to invest somewhere, it is very important to be careful with just choosing solutions that you can call your favorite ones.

Always works that way, fully agree with you here. And talking about you, would you sat that there are many advanced solutions you are aware of? What are the aspects you are paying attention to at first, while considering the platforms?
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December 15, 2019, 05:48:22 PM
 #120

Always works that way, fully agree with you here. And talking about you, would you sat that there are many advanced solutions you are aware of? What are the aspects you are paying attention to at first, while considering the platforms?

There are not many - all starts with idea, then I get to the team and its experience, innovation side, tech side and practical value together with benefits for end users. What about you? I believe that my approach is rather ultimate
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December 15, 2019, 05:49:09 PM
 #121

There are not many - all starts with idea, then I get to the team and its experience, innovation side, tech side and practical value together with benefits for end users. What about you? I believe that my approach is rather ultimate

Yeah, works pretty similarly for me, but you know, it seems that there are not many projects that meet these requirements - you wanna say you have many?
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December 15, 2019, 05:50:22 PM
 #122

Yeah, works pretty similarly for me, but you know, it seems that there are not many projects that meet these requirements - you wanna say you have many?

Nooope, of course not many - I only have 1 solution I am very impressed with these days. Sapien Network - heard of it already, by the way? Cause platform is pretty in demand and widely discussed these days, coming with fully working product
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December 15, 2019, 05:51:26 PM
 #123

Nooope, of course not many - I only have 1 solution I am very impressed with these days. Sapien Network - heard of it already, by the way? Cause platform is pretty in demand and widely discussed these days, coming with fully working product

Sapien network? Sounds very familiar, but to be honest, cannot remember for sure. Can you please clarify what the team is bringing? And I will check out more on my own afterwards
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December 15, 2019, 05:57:44 PM
 #124

Sapien network? Sounds very familiar, but to be honest, cannot remember for sure. Can you please clarify what the team is bringing? And I will check out more on my own afterwards

Basically, Sapien is a Web3 social network that gives users control of their data, rewards content creators, and fights fake news. And it allows you to subscribe to branches to stay up to date with the latest posts from your friends and the world, join text and voice channels and much much more with the features all socials are coming with
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December 15, 2019, 06:29:07 PM
 #125

The allocation for airdrop and bounty hunters is not large so it is quite unreasonable that the price of the project drops when all is distributed, because some projects are really serious they always make a reserve of funds to accommodate the disposal of their tokens from the hunters. Most likely the decline occurred because many investors actually buy it when pre-sale, because when pre-sale prices will be cheaper and many get bonuses.

Yet it sometimes adds up to the whole. If you look at the average ICO that went through the airdrop and bounty distribution it always gets that initial dump right after the trading is opened. You could see that in all the coins that were distributed among current Bitcoin holders like BCH, or Stellar, you could also see it on the BSV chart.
The same happens with coins that have big premine and big bounty distribution. It doesn't mean they can't recover later but at first that 10% is enough to crash the price.
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December 15, 2019, 06:46:20 PM
 #126

i guess this will depend on thier suppply and the allocation budget for the bounty hunters  . if they only offered 1 percent to the hunters and all hunter let say will dump thier coins of course that wont make any noticeable movements but if let say they allocate more percent on the bounty then that is a different story anymore  . dumping is always there and part of the process , they know that it can occur but a good project can still recover after it get dumped 
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December 15, 2019, 06:50:42 PM
 #127

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
The most obvious answer to this is the volume of a coin, when a coin has no volume then any amount of additional coins that comes to the market will crash the price because the market is incapable of absorbing such supply, but when the volume is very high and people are buying and selling that coin regularly then even if the bounty hunters begin to sell their coins then there is no problem because there is always someone willing to buy that coin for a fair price.
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December 15, 2019, 07:18:57 PM
 #128

Well the dump occurs because also investors who invest on ICO sell the tokens that buy and also others bounties give more than 10% of the total supply and this all togheter make the price dump, and a second factor is the trade volume.
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December 15, 2019, 07:34:45 PM
 #129

The price of tokens goes down because the project developers discard the tokens when distribution to bounty participants is done as if the dump occurred due to bounty participants. various tricks are carried out behind the scenes project developers to benefit. I see evidence when the price of mzg fell 90% from the price of IEO even though the bounty team allocated less than 2% for participants.

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December 15, 2019, 07:46:06 PM
 #130

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

   Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
   Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.



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December 16, 2019, 07:34:08 PM
 #131

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

To chip in my own two cents, tokoin withstood the 100k dump from vip bounty hunters because the team placed buy others to cushion the effect, same thing with what temtum did and other reasonable projects does. In cases where the volume is less than a million in trade volume, support is usually needed to prevent sharp dump
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December 16, 2019, 09:25:13 PM
 #132

The answer is quite simple.. the tokoin team.offered what they could comfortably buy back, and their IEO was held in a big exchange so they had the liquidity to withstand a large sell order, but I think the main thing there was the team, they were buying back the tokens although they didn't announce it but you could see that they were doing everything possible to ensure that the tokoin tooenaintaims it's value, that's the kind of team.we always pray for when promoting a project.

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December 17, 2019, 06:13:27 AM
 #133

The bounties are becoming increasingly confused and above all less and less profitable.
If some valid and convincing project does not appear, I will not waste any more time.
If we see lately there are many projects that end in failure, but not all projects will fail, there are still good projects and will continue to develop the projects they have, even though it can be said that lately it is very difficult to attract investors to invest in new project, but I think if the project is a good project they will be able to raise funds to develop the project they have.

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December 17, 2019, 06:22:12 AM
 #134

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

I am reading all these answers and how the hell they think that let's say 5% of total amount wouldn't dump the price to the ground. I mean we are talking about the early days of any token and is haven't found its price or gained any kind of trust. If it dumps, it will affect the market price because people who buy the bottom can dump again on 100% rise and probably will.

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December 19, 2019, 08:33:25 PM
 #135

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

   Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
   Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.
Not only those stories are ridiculous it is also a way to try to scam bounty hunters out of their legitimate profits, by saying that if the coin crashes is because of bounty hunters, the developers of the coin are trying to make bounty holders to hold their coins for a longer period of time, and that it will not be such a bad idea if early adopters and the developers did not sold their coins immediately crashing the price while the bounty hunters stay out of it and see the value of their coins go down each day.
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December 20, 2019, 01:17:24 AM
 #136

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

To chip in my own two cents, tokoin withstood the 100k dump from vip bounty hunters because the team placed buy others to cushion the effect, same thing with what temtum did and other reasonable projects does. In cases where the volume is less than a million in trade volume, support is usually needed to prevent sharp dump
But that's a really small amounts of bounty. when you are seeing another coin and they are all offering the bounty more than 100k and that 10x more than what already offered by tokoin. The support from the team is needed but the buyers from the market is really needed.

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