StatesManG
Copper Member
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Activity: 462
Merit: 10
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December 06, 2019, 10:12:24 PM |
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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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Ahimoth
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December 06, 2019, 10:21:14 PM |
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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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oktana
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December 06, 2019, 10:26:59 PM |
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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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Capt00
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December 06, 2019, 10:30:10 PM |
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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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Hardcore-coin
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Activity: 203
Merit: 14
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December 06, 2019, 10:59:40 PM |
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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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btcmurat
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December 06, 2019, 11:40:41 PM |
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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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Distinctin
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December 07, 2019, 12:00:54 AM |
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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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Mealea
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Activity: 300
Merit: 11
FRX: Ferocious Alpha
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December 07, 2019, 02:50:15 AM |
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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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BlackFor3st
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December 07, 2019, 03:14:10 AM |
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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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naikturun
Sr. Member
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Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
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December 07, 2019, 05:16:46 AM |
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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 |
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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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albrots
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December 07, 2019, 04:00:43 PM |
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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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heidikim
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December 07, 2019, 11:02:10 PM |
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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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ashmodeus
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December 08, 2019, 01:19:05 AM |
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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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wajik-tempe
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December 08, 2019, 01:23:29 AM |
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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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Brunus
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Activity: 585
Merit: 33
Rasputin Party Mansion
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December 08, 2019, 11:05:22 PM |
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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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babicena14
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December 08, 2019, 11:27:46 PM |
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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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Sexaphiliac
Copper Member
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Activity: 122
Merit: 0
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December 09, 2019, 01:32:32 AM |
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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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huu78
Sr. Member
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Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
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December 09, 2019, 01:42:06 AM |
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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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the rise
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December 09, 2019, 01:48:34 AM |
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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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