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Author Topic: WHY THE BLAME ON BOUNTY HUNTERS FOR SHITCOINS?  (Read 1164 times)
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March 11, 2020, 10:20:06 PM
 #21

From observation, most people who are bounty hunters are also investors themselves. In any case, the two groups almost have the same interest and that is to maximize profit on their token holdings. It is just two sides of one coin issue. It all depends on the individual involved because we have bounty hunters who hold coins longer than those who invested with their funds. It is about time  people act fair in their comments towards bounty hunters anytime a coin becomes a shit coin. By the way even in recent times, bounty hunting is not as attractive as it used to be, but still people are always quick to put blame on bounty hunters after a failed project meanwhile the tokens received bounty are very meagre to kill a project.
And that blame started during the time when bounty hunters dump their token after receiving it and it was a reason why the market value turn down makes the project fail because they can't recover it easily. If all bounty hunters don't have such instinct in selling below the ICO/IEO price, it eventually helps the project to succeed but sadly they don't coz their main concern is just themselves.
but sometimes what is gained from the participants of the bounty campaign is indeed very little because for now there are few projects that have the support of their developers so that the price at the exchange cannot go up and finally the bounty hunter is disappointed, some are even scam so the participants cannot withdraw money from the platform where the bounty campaign is exchanged.

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March 11, 2020, 10:52:02 PM
 #22

It is given that bounty hunters do not invest their money in order to have tokens from a bounty but rather invest their time and effort to promote projects (well obviously), therefore, people who have these tokens by buying it or investing in it which are the "investors" tends to blame their loss if a project fails to these bounty hunters just because of what I've mentioned. They think that bounty hunters will not lose anything and will always earn money even if they dump the price of a token, which in fact is true, but that doesn't mean that bounty hunters are to be totally blamed. Many bounty hunters believe and wanted to earn more from a bounty because of the time and effort they exerted to that project, they are also like investors so, I don't think it is right to blame them after a project fails.

People should also take a look at the project itself too before blaming someone about something. A good project and team will always succeed and rise even in a bear market. That only means that if a project fails, maybe it is really not that good to standout  and stay in the market.
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March 11, 2020, 10:56:17 PM
 #23

As a bounty hunter, we seem to be familiar with this, often blamed if the price dumps. The mindset of bounty hunters is not all the same, there are those who want to sell their rewards as soon as they get them, without thinking about the long-term effects. This also depends on the quality of the project, if it is worth keeping, it is better to hold, if not and end up being worthless, then it is better to sell. That is why being a bounty hunter must know and understand the projects they support.

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March 11, 2020, 10:59:52 PM
 #24

And that blame started during the time when bounty hunters dump their token after receiving it and it was a reason why the market value turn down makes the project fail because they can't recover it easily. If all bounty hunters don't have such instinct in selling below the ICO/IEO price, it eventually helps the project to succeed but sadly they don't coz their main concern is just themselves.
some hunter especially beginner they just want directly convert token reward to usd or bitcoin. this is happen in many campaign, and i am wonder if someday developers team and investors have agreement that there is no allocation for bounty campaign that caused price dump. as hunter we must be smart  so we could separate which campaign was bad and god.
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March 11, 2020, 11:03:25 PM
 #25

It is given that bounty hunters do not invest their money in order to have tokens from a bounty but rather invest their time and effort to promote projects (well obviously), therefore, people who have these tokens by buying it or investing in it which are the "investors" tends to blame their loss if a project fails to these bounty hunters just because of what I've mentioned. They think that bounty hunters will not lose anything and will always earn money even if they dump the price of a token, which in fact is true, but that doesn't mean that bounty hunters are to be totally blamed. Many bounty hunters believe and wanted to earn more from a bounty because of the time and effort they exerted to that project, they are also like investors so, I don't think it is right to blame them after a project fails.

People should also take a look at the project itself too before blaming someone about something. A good project and team will always succeed and rise even in a bear market. That only means that if a project fails, maybe it is really not that good to standout  and stay in the market.

Bounty hunters are by no means the root cause of failed projects. The percentage they are getting is very small as compared to the total supply, or even compared to the dev's holdings or investors. They may give quite a downward trend during initial trading, but if the project is solid they can rise again. I don't think it is fair for those bounty hunters to be blamed on the failure of these crap projects.
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March 11, 2020, 11:07:20 PM
 #26

I don't see any reason that the bounty hunters will be blamed after the coin will become shitcoin. We can't deny the fact that the bounty hunters are also dumpers or price but it doesn't mean we should blame all those things. There is the whole team of the project might have an idea of buyback after it will be dumped. So, dont blame bounty hunters because they are the ones who helps to promote the project.

Agree, bountyhunters are really of great help in promoting a projects.. Without them, a platform will not easily be known to all social media accounts that can help to attract more investors.. Unlike before, mostly all the campaigns now, are not paying bountyhunters what they are deserved.. They also dedicated their time and efforts in promoting the project then at the end sadly the platform turned into scam.. Useless for them... Yeah, is a fact that they dumped their tokens but don't blamed all the problems with them. Look with what the team are doing too why the projects failed...

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March 11, 2020, 11:08:18 PM
 #27

I personally do not think so, those who have lost money because shitcoins happen because of their own mistakes why not be more careful to choose projects to be promoted and invested, this incident also happened to me and with experience that at least has been experienced I just need to introspect myself to not be easy trust any promise that is there, because when we want to strive for our time and money then it should be more individualized research is the most important thing to avoid losses due to other scam projects and shitcoins.

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March 11, 2020, 11:14:43 PM
 #28

From observation, most people who are bounty hunters are also investors themselves. In any case, the two groups almost have the same interest and that is to maximize profit on their token holdings. It is just two sides of one coin issue. It all depends on the individual involved because we have bounty hunters who hold coins longer than those who invested with their funds. It is about time  people act fair in their comments towards bounty hunters anytime a coin becomes a shit coin. By the way even in recent times, bounty hunting is not as attractive as it used to be, but still people are always quick to put blame on bounty hunters after a failed project meanwhile the tokens received bounty are very meagre to kill a project.
Aren't they to be blamed to some extent? The bounty hunter chose to work for those shit/scam project just for the money. They saw that the project was offering some lucrative bonus and offers to the bounty hunters and the hunters just jumps into the train without even analyzing the project properly. They advertise and promotes for the scam project, thus making most of the investors fall for those scam. So, yeah, they are to be blamed some what for encouraging those scam projects to continue.

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March 11, 2020, 11:15:56 PM
 #29

I personally do not think so, those who have lost money because shitcoins happen because of their own mistakes why not be more careful to choose projects to be promoted and invested, this incident also happened to me and with experience that at least has been experienced I just need to introspect myself to not be easy trust any promise that is there, because when we want to strive for our time and money then it should be more individualized research is the most important thing to avoid losses due to other scam projects and shitcoins.
they will always blame another people to hide their mistake. and bounty hunter always be the object for price dumping, meanwhile many of bounty hunter also invest their money into project. mosf of people didnt understad their own mistake in analizing project dna research willl be the key to avoid scam projects.


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March 11, 2020, 11:44:13 PM
 #30

I personally do not think so, those who have lost money because shitcoins happen because of their own mistakes why not be more careful to choose projects to be promoted and invested, this incident also happened to me and with experience that at least has been experienced I just need to introspect myself to not be easy trust any promise that is there, because when we want to strive for our time and money then it should be more individualized research is the most important thing to avoid losses due to other scam projects and shitcoins.
they will always blame another people to hide their mistake. and bounty hunter always be the object for price dumping, meanwhile many of bounty hunter also invest their money into project. mosf of people didnt understad their own mistake in analizing project dna research willl be the key to avoid scam projects.
indeed usually it is the fault of the developers who do not want to support the price of tokens developed at the exchange so as to make the price always collapse, there should be someone who provides support from the development team maybe by buying more tokens that are sold because of bounty hunters or when prices fall directly raised again until the price returns to normal, that's the support that will make the project a good one.
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March 11, 2020, 11:46:08 PM
 #31

From observation, most people who are bounty hunters are also investors themselves. In any case, the two groups almost have the same interest and that is to maximize profit on their token holdings. It is just two sides of one coin issue. It all depends on the individual involved because we have bounty hunters who hold coins longer than those who invested with their funds. It is about time  people act fair in their comments towards bounty hunters anytime a coin becomes a shit coin. By the way even in recent times, bounty hunting is not as attractive as it used to be, but still people are always quick to put blame on bounty hunters after a failed project meanwhile the tokens received bounty are very meagre to kill a project.
Bounty hunters is earning free token by their low work as what believe investors and projects CEO do blame for hunters. Bcnex exchange didn't give all rewards to hunters but now looks scam. I would like to blame to project team neither hunters or investor, make a project scam by release unlimited token in few times.
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March 12, 2020, 01:30:24 AM
 #32

Put blame on bounty hunters after the failed projects? They are just the participants who wanted to earn. Most of them are just victims of this shitcoins. We can't blame them for choosing and participating in a wrong projects. While proper research should be done before joining, there are also "almost" potential project that tend to fail at the end.
 
 Been a bounty hunter before and I can feel this efforts made and yet the token rewards that has been distributed were under valued most of the times. So they keep on holding it until they benefit enough.
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March 12, 2020, 02:06:54 AM
 #33

From observation, most people who are bounty hunters are also investors themselves. In any case, the two groups almost have the same interest and that is to maximize profit on their token holdings. It is just two sides of one coin issue. It all depends on the individual involved because we have bounty hunters who hold coins longer than those who invested with their funds. It is about time  people act fair in their comments towards bounty hunters anytime a coin becomes a shit coin. By the way even in recent times, bounty hunting is not as attractive as it used to be, but still people are always quick to put blame on bounty hunters after a failed project meanwhile the tokens received bounty are very meagre to kill a project.

The blame should be on the developers of the project, they are the one responsible on how the project will move they are the one who can materialize the platform and profit, there will always dump when people see that the platform is being neglected and roadmap is not moving.
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March 12, 2020, 03:00:48 AM
 #34

Im not sure but isnt appropriate for some people blame it on hunters or investors itself. Why? There are more reason and factor that can make a coin/token dump or if unlucky died out. Im not saying this case is same for all, but we must always check what else could be the problem with the project. Sometime its based on their concept and lack of use cases, or not appealing to investors eye. We already know that some projects have been created only foe profits and this could be the reason right. Dont jump on such conclusion for this.

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March 12, 2020, 03:16:15 AM
 #35

-snip-
Bounty hunters who throw tokens below the ICO / IEO price cannot be set and this is also common.
Developers should have other strategies on how to prioritize Investors before Bounty Hunter, which obviously will damage the price if the tokens have been distributed and listed on the exchange.

the Bounty campaign now is not like the Bounty campaign in the past between 2016-2018. The rewards received today are indeed very small, to succeed the project developer really has to support the project. Lots of projects that failed but there are also some successful projects to date, it all depends on how the project's marketing strategy and how much support the developer to develop the project. Bounty hunter is only as an intermediary and as a tool to promote the project.
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March 12, 2020, 03:23:16 AM
 #36

Bounty hunters are often blame for dumping the tokens after getting it making the value to drastically drop and cant recover. But is it wrong? if what they only want is to earn from the months of advertising the project, they deserves to be rewarded.

If the coins/tokens became shitcoins the dev is responsible for it because they should see it coming and they must have a plan if the hunters or investors start selling off.

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March 12, 2020, 03:31:20 AM
 #37

People have different perspective. As you can see, some investors have this mindset cause they experience it with the past. Cant blame them for it since some hunter are actually dumping their tokens right after getting rewards. But thats different case for those who hold so meaning we cant really comprehend which is which here cause both parties to have a point when regards to this matter.

You are absolutely right. It's not all the investors, rather wise investors never blamed bounty hunters. Because bounty hunters can't make a coin's price dump for a long time! Bounty hunter can earn only 1% token of total supply where more than 40% hunter holds their payment. So, bounty hunters are not the dumpers actually, they are selling their payment. It's the project itself is to be blamed that can't make their price up!

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March 12, 2020, 03:46:05 AM
 #38

From observation, most people who are bounty hunters are also investors themselves. In any case, the two groups almost have the same interest and that is to maximize profit on their token holdings. It is just two sides of one coin issue. It all depends on the individual involved because we have bounty hunters who hold coins longer than those who invested with their funds. It is about time  people act fair in their comments towards bounty hunters anytime a coin becomes a shit coin. By the way even in recent times, bounty hunting is not as attractive as it used to be, but still people are always quick to put blame on bounty hunters after a failed project meanwhile the tokens received bounty are very meagre to kill a project.
not all bounty Hunters are like you mate,because there are more of them on who's dumping the token first hand,that is same reason why the Hunters now receiving tokens the last not like in past that they are the one who gets first before dumping.

i also believe that if the mentality of hunters/investors will be in one?who will try to at least try the first couple of months or even a year to Hold the token and not to dump?for sure the outcome of projects will be progressive and successful .
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March 12, 2020, 03:50:49 AM
 #39

That is most likely the stereotype here in this forum that if you are a bounty hunter you are a dumper, well, we can say yes, we can say no, that really depends on the people who participate in different projects. Remember, investors, owners even bounty hunters are stakeholders and play a big role for the success of each project however if we will really make an assumption or even a track record of it, most not all bounty hunters will be doing the short effect of dump.
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March 12, 2020, 03:53:45 AM
 #40

I think bounty Hunter is not to blame, even most bounty hunters are victims for now, there are many who are not paid after working for several months, some are paid but altcoin has never been listed on the exchange.
so there is no reason for Bounty Hunter to be blamed.
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