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Author Topic: WHY THE BLAME ON BOUNTY HUNTERS FOR SHITCOINS?  (Read 1164 times)
princerepon
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April 22, 2020, 10:43:49 PM
 #141

Simple thing, a project carry total of 1%-10% (average) bounty pool. Sometimes we can see 10%-15% (rare). The rest of coins goes for investors, teams, advisors and other sectors (depend on various projects). The main question is how can beat bounty hunters those 80%-90% allocation tokens. Can anyone explain this..? Only.. just only stupid person can blame bounty hunters for project failure. If there is someone responsible for failure project then it's project team management them self who have no experience how to run a crypto project, no one else.
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April 23, 2020, 12:53:06 AM
 #142

Simple thing, a project carry total of 1%-10% (average) bounty pool. Sometimes we can see 10%-15% (rare). The rest of coins goes for investors, teams, advisors and other sectors (depend on various projects). The main question is how can beat bounty hunters those 80%-90% allocation tokens. Can anyone explain this..? Only.. just only stupid person can blame bounty hunters for project failure. If there is someone responsible for failure project then it's project team management them self who have no experience how to run a crypto project, no one else.

Agree, most of the tokens allocation for the bounty campaign is not more than 5% and not all bounty hunters will sell it immediately because there are many who hold it for a certain period of time. The fall in prices at the exchanger in my opinion because of the trust factor in the developer team and of course I have nothing to do with bounty hunters

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April 23, 2020, 01:11:44 AM
 #143

It is sad and unfair that many blame bounty hunters because ICO / IEO projects are shitcoins. Though the contribution of bounty hunters
very large on crypto projects, bounty hunters have helped promote crypto projects. So it's only natural that direct bounty hunters sell
tokens that he already got. Moreover, the allocation of tokens given to bounty hunters is usually very small. It should be blamed the
developer and his teams, can't do management and planning properly.

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April 23, 2020, 03:16:50 AM
 #144

It is sad and unfair that many blame bounty hunters because ICO / IEO projects are shitcoins. Though the contribution of bounty hunters
very large on crypto projects, bounty hunters have helped promote crypto projects. So it's only natural that direct bounty hunters sell
tokens that he already got. Moreover, the allocation of tokens given to bounty hunters is usually very small. It should be blamed the
developer and his teams, can't do management and planning properly.
i am agree, before bounty hunter contribute in those project actually it have low quality and maybe before project launched investors will thinking this is shit project  will die in near time.  we could  not blame bounty hunter sell the token reward caused this is the main goal why they join in bounty campaign.  team or investors always try to find reason why they lost money and bounty hunter be best one to blamed.

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April 23, 2020, 03:32:40 AM
 #145

investors and prize hunters have the same interests but also have other differences, especially capital. investors need capital to invest while prize hunters don't. it's just that prize hunters can still invest by selling tokens that they get from prizes and can still convert them to other forms of crypto. on the other hand a good project, it depends on how the project team and developer are doing. so there's nothing to blame, all of this goes back to our individual research before joining the project.


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April 23, 2020, 03:44:25 PM
 #146

 It all depends on what the bounty hunters are aware of or not, that is the important topic here. If the bounty hunter is aware that they are doing something wrong and their coin that they are promoting is a bad one and basically they are moving people towards losing their money just so that they could make a profit, that means that bounty hunter is a bad person and should not be trusted ever again.

However if Bounty hunter is unaware of the situation as the investors, they have zero responsibility because they are not doing anything wrong at all, they are still doing the job they always do but this time around it turns out they were wrong, not a big deal if you ask me. So what they do is not important because they always do the same, their awareness matters most.

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April 23, 2020, 04:02:04 PM
 #147

then what about the token that has been dumped before the token for the bounty is distributed, is this also the fault of the bounty hunter? Bounty Hunter experiences such criticism because the Bounty Hunter team gets tokens for free (without buying with money)
Bounty hunters do not cause the token price to be dumped. I see many projects crash when listing in exchanges and they have never distributed bounty. Obviously the main reason is that such projects are too weak and not many investors are interested in their projects

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April 23, 2020, 04:13:18 PM
 #148

We are in a new era of bounties where inexperienced developers are trying to create or build projects that they can't handle, the fastest way of creating an awareness is through bounties that's why we bounty hunters always fall for bad projects the most

Sometimes I wonder seeing people who have not been in this forum before, not active and do not know our things are done, come up with just any project. These same people do not have much knowledge about blockchain technology, yet they want a project in that line. This is why you see them commit several flaws in their projects.
A project that would succeed will start first from the team of that same project. The lack of knowledge can destroy the project/ They should know how to handle their community.
Their investors, apart from the product they intend delivering should be their priority.
If they can do what will make investors to have confidence in them, there will be no one to blame, not even the bounty hunters. and the project will run smoothly.
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April 23, 2020, 06:26:22 PM
 #149

They can't blamed Bounty Hunters for that reason in any way. Firstly, very limited tokens are given to hunters, with which it is not possible to destruct any good project. Secondly, as far as I know most of the hunters don't sell tokens at low prices. So how could we blame them?
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April 24, 2020, 02:43:28 AM
 #150

Do you means shit tokens ? Bounty campaigns usually hold by startup project with their token sold in ICO or IEO, although some of them are new coins too, but very few.
other than bounty hunters, there are many factors can affecting the price of the token such as the value of the project, the team strategy, marketing plan, listing plan, investors of the token, and many others.

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April 24, 2020, 04:31:53 AM
 #151

Bounty hunters are not to blamed for any problem regarding a shitcoin's price or project. A bounty program is made to increase the popularity of a certain coin, most of the time a coin gets more investors due to the participation of bounty hunters.

And another reason is that the project owners decide what they want to give bounty hunters after publicising their product/project so really all what bounty hunters are doing is getting paid for their publicity, which is the same with investors. Invest in token when the price is low and take on profits when price moons basically getting paid for buying their token at a low price.

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April 26, 2020, 09:40:17 AM
 #152

from valuable token to shitcoin..reasons are:some bounty hunters selling their reward, investors dumping their tokens to get their money back and the last one Dev team
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May 06, 2020, 01:25:11 AM
 #153

I think that was just a blind accusation towards the bounty hunters. If the coin has a good project, they wouldn't become shitcoin.
Even if the hunters sell their coin, the high demand of their coin will cover the dump price because they are a good project.

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May 06, 2020, 08:50:42 AM
 #154

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.

there always will be idiots that talk that bounty hunters dump the price. bounty pool is only 2-3% from total supply. often it is investors with their bonuses. or other investors who dump the price to buy cheaper. plus newbies who dissaponted that they are did not became rich after listing.

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Zeke_23
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May 06, 2020, 09:43:47 AM
 #155

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.

there always will be idiots that talk that bounty hunters dump the price. bounty pool is only 2-3% from total supply. often it is investors with their bonuses. or other investors who dump the price to buy cheaper. plus newbies who dissaponted that they are did not became rich after listing.
That is one of their ways to put the blame to bounty hunters,
Their way to put a bad image to them and stop trusting them when it comes to promoting a certain project. Sometimes, the project itself was the one who was dumping the price, and bounty hunters are the ones who will suffer because of their actions.

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Malam90
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May 06, 2020, 09:56:44 AM
 #156

There are many investors who has been doing bounties and investors also. I am also same role in Bounty hunting and trades. I have noticed that maximum shit projects blame on bounty hunters to cheap the coin's price. Here i have two points-
1. Bounty hunters get only few tokens which is 1%-2% of the total token supply which is not fully responsible for dump if they all sell in cheap rate. Hence i will blame of that project for their inability to list in big exchanages. They try to list in a newer exchange where trade volume is very low. This is main reason for dump
2. Although Bounty hunters get very low payment, maximum hunters try to sell direct after they received payment. This is not accepted behavior. It is some extent responsible for dump.
ttcsalam
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May 06, 2020, 10:01:02 AM
 #157

I see no fault in the Hunters for this. But hunters should work on better projects.The people who invest in them get a lot of confidence.The Hunters are partly responsible for that.

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May 06, 2020, 05:24:02 PM
Last edit: May 06, 2020, 05:48:38 PM by Rafiqul
 #158

There are many investors who has been doing bounties and investors also. I am also same role in Bounty hunting and trades. I have noticed that maximum shit projects blame on bounty hunters to cheap the coin's price. Here i have two points-
1. Bounty hunters get only few tokens which is 1%-2% of the total token supply which is not fully responsible for dump if they all sell in cheap rate. Hence i will blame of that project for their inability to list in big exchanages. They try to list in a newer exchange where trade volume is very low. This is main reason for dump
2. Although Bounty hunters get very low payment, maximum hunters try to sell direct after they received payment. This is not accepted behavior. It is some extent responsible for dump.
I totally agree with you. Bounty Hunters get 1% -2% tokens of any bounty project. Such a small amount of tokens cannot affect the whole project. In fact, the value of a project token depends more on the content of the project, the skills of the project team, as well as the listing on the good Exchange.

arowana33
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May 06, 2020, 05:42:53 PM
 #159

There are many investors who has been doing bounties and investors also. I am also same role in Bounty hunting and trades. I have noticed that maximum shit projects blame on bounty hunters to cheap the coin's price. Here i have two points-
1. Bounty hunters get only few tokens which is 1%-2% of the total token supply which is not fully responsible for dump if they all sell in cheap rate. Hence i will blame of that project for their inability to list in big exchanages. They try to list in a newer exchange where trade volume is very low. This is main reason for dump
2. Although Bounty hunters get very low payment, maximum hunters try to sell direct after they received payment. This is not accepted behavior. It is some extent responsible for dump.
These two points are very close to truth I feel like.
The second one doesn't have that much of affect on the coin, but it is unethical and has negative impact on bounty community overall
Kasabus
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May 06, 2020, 05:59:36 PM
 #160

I see no fault in the Hunters for this. But hunters should work on better projects.The people who invest in them get a lot of confidence.The Hunters are partly responsible for that.
Yes. Bounty hunters may not be fully responsible for the dumping of tokens but the fact that bounty hunters aim to promote the project to attract investors, there is also a small part for bounty hunters why to be blamed. This is the reason why bounty hunters should never jump easily promoting a project which they never have researched on or check the background of the team behind the project.

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