awik p
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Merit: 111
Pepemo.vip
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December 14, 2019, 06:21:02 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 ..
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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Prompyboo
Sr. Member
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Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
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December 14, 2019, 05:54:03 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 ..
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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Pham_Kinh_Kong
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Activity: 57
Merit: 0
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December 14, 2019, 07:14:31 PM |
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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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letyouearn
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Activity: 1722
Merit: 1014
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December 15, 2019, 12:12:58 AM |
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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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nicolas1979
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December 15, 2019, 06:34:02 AM |
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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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o.ogurlu
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December 15, 2019, 10:32:18 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 ..
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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pundit
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December 15, 2019, 11:25:59 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 ..
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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BeManga
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December 15, 2019, 11:40:39 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 ..
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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imutlinda
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December 15, 2019, 12:28:11 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 ..
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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bonyaserg
Jr. Member
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Activity: 1876
Merit: 5
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December 15, 2019, 12:51:38 PM |
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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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Desscount
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ComboLabs
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December 15, 2019, 01:33:15 PM |
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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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killerfrost
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December 15, 2019, 04:18:51 PM |
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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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poodle63
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December 15, 2019, 04:37:29 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 ..
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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MI6
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December 15, 2019, 04:52:02 PM |
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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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cassavachips
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December 15, 2019, 05:05:09 PM |
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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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nutriagrigia
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Oikos.cash | Decentralized Finance on Tron
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December 15, 2019, 05:27:23 PM |
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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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joshy23
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December 15, 2019, 05:29:56 PM |
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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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govorrue
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December 15, 2019, 05:45:24 PM |
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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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volport
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December 15, 2019, 05:47:18 PM |
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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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govorrue
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December 15, 2019, 05:48:22 PM |
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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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