Bounty hunters aren't responsible for dumps

[serjent05]

But you have to realize that if team distributes for example 100 000USD to the bounty participants at a same day and the token doesn´t have enough liquidity, and all of these bounty participants decide to sell, it ia a big selling pressure and the price will fall until its find enough buyers. 

Maybe you are right,,
But, in my opinion not all bounty hunters will sell their rewards after they received mate,,
And maybe if the crowsale from the project succed,, ot at least can reach the soft cap,
why the team do not buy back the token at exchange to keep the trust from crypto investors

Indeed, I am one of those who still hold the token reward from bounties.  Since I believed the project team, I tend to hold my bounty rewards until the project succeeds, alas, lots of these project are already dead and I am left bag holding their worthless tokens.

[Byakuga]

Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges

[OasisDre]

Saying bounty hunters are responsible for dump is like telling bounty hunters not to sell their tokens for money, that's impossible, teams need bounty hunters to work for them and they do, next time they could use USDT or USDC to pay bounty hunters instead, a matter of fact dumps don't happen because of bounty hunters, people that are paid with just 0.5% of the whole max supply of the project? That's ridiculous accusation

[Google+]

Saying bounty hunters are responsible for dump is like telling bounty hunters not to sell their tokens for money, that's impossible, teams need bounty hunters to work for them and they do, next time they could use USDT or USDC to pay bounty hunters instead, a matter of fact dumps don't happen because of bounty hunters, people that are paid with just 0.5% of the whole max supply of the project? That's ridiculous accusation

Participants of the bounty campaign should not be able to become a benchmark to bring down the price of cryptocurrency at the exchange place because of the factors that caused the collapse of the cryptocurrency price not only from the bounty campaign but also from the lack of support from the developer to stabilize the price at the exchange.

[Kasabus]

But you have to realize that if team distributes for example 100 000USD to the bounty participants at a same day and the token doesn´t have enough liquidity, and all of these bounty participants decide to sell, it ia a big selling pressure and the price will fall until its find enough buyers. 

Maybe you are right,,
But, in my opinion not all bounty hunters will sell their rewards after they received mate,,
And maybe if the crowsale from the project succed,, ot at least can reach the soft cap,
why the team do not buy back the token at exchange to keep the trust from crypto investors

Indeed, I am one of those who still hold the token reward from bounties.  Since I believed the project team, I tend to hold my bounty rewards until the project succeeds, alas, lots of these project are already dead and I am left bag holding their worthless tokens.

That was also my belief way back then. Until i realized that holding my tokens for a period of time won't cause any good but leaving all my tokens worthless. Bounty hunters promote the bounty project to attract investors, and in return, we are paid with tokens which are intended to sell for us to make profits too. It might dump the price of the tokens but it was never our intention so we should not be blame for it.

[Winscosinally]

Holding tokens earned from bounties will end in disaster, I always think like this in the past until I learned my lesson, every single tokens I hold are now useless and worthless in my wallet, bounty hunters works for new project to get paid, they have every right to sell off if they feel like, only bad project team complains about bounty rewards

[qomariah95]

But until now I still see that when the critics project has finished conducting a bounty campaign and the rewards have been distributed. And a dump happens, so the bounty hunter is always the cause of this happening. I always thought that there were not many allocations for bounty hunters, but people always assumed and blamed bounty hunters. whereas in fact, investors also have a larger amount and get a bonus when investing. certainly the effect of the dump is greater.

[Furious 7]

Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges

Disposal of tokens will continue to occur because they want to find value even though it is only small. I think almost all distributed tokens will be discarded, but if exchanged have millions of dollars in volume, then this will not affect because they will be strong in any disposal.

But projects are now difficult for such volumes and on average to be listed on a low exchange so their token volume will be small in the market.

[memed97]

Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges

Yes, it is very true, because it makes no sense that bounty hunters can dump dump tokens at the market price, because they (Bounty hunters) are only paid in pennies, and even if there is one, so it is very insane for the dump to be priced the one being blamed is the bounty hunter.

[TheICE007]

I support the motion,going by the happenings,there are several projects that have successfully conducted a bounty campaign without distributing the token, yet the token keeps dipping what could be responsible for that? Would anyone say it's the bounty hunters dumping? So I think it's wrong to attribute dump of a project to bounty hunters.

[litepool.ru]

Bounty hunters do dump their token shares but for how much? 30k to 100k that's all, bounty allocations aren't even always much and you will see some projects having million trading volume for just 24hrs, how will dumping 30k worth of tokens affect a million dollar trading volume? Oh yes, except if the project is crap, like those projects that used to have 5k trading volume of crap exchanges

Yes, it is very true, because it makes no sense that bounty hunters can dump dump tokens at the market price, because they (Bounty hunters) are only paid in pennies, and even if there is one, so it is very insane for the dump to be priced the one being blamed is the bounty hunter.

The project only collapses when it has no liquidity. If they distribute 50k $ for bounty but their volume is only about 5-10k $ then it will collapse seriously. And it's the project's fault, not the bounty hunter's fault, those projects are not good enough to have good volume every day.

[Festac]

Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

[Btc_1856]

Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Actually the companies want to raise money on the basis of bounty advertising and they will not allocate higher percentages to the bounty promotions. Really the dump is caused by the bounty better the company should give the payment in other forms like stable coins, ETH.

[ElmedoRator]

Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Actually the companies want to raise money on the basis of bounty advertising and they will not allocate higher percentages to the bounty promotions. Really the dump is caused by the bounty better the company should give the payment in other forms like stable coins, ETH.

If they make payments using ETH or other altcoins, I think their budget will be very low. I recently saw a campaign to make payments in ETH, but their budget is only 24 ETH. It was really too low for a bounty hunter

[copoyes]

because bounty distribution usually takes a long time even though tokens or coins are open after Ieo / ico so it can't be said that bounty hunters are dumpers of prices, instead we expect token prices to be more than ieo / ico prices and not all tokens / coins from bounties make prices even a little dump is sold because the reward is not too much

[Vishnu.Reang]

Bounty hunters will eventually dump their tokens, that's what they worked for, why requires their services if you are going to end up blaming them for dumps? This is not cool, other options are available to pay bounty hunters, stable coins for example?

Can't put it any better than this. Bounty hunters spend a lot of time and effort in popularizing projects, and all they get in the end is blame and abuse. As Festac has posted, if the promoters don't want the hunters to dump their tokens, then the payment can be done in either USDT or Ethereum? But will the greedy promoters be ready for that?

[mersal]

Project team need a reason to mention about their dump so their view always turns into the side of bounty hunters.Bounty pool is too small for the dump but even if that amount don't want to effect the project token's value after listing on exchange why they are not ready pay the hunters in bitcoin?

[JaoBadjap]

yes couldn't agree more.
for example
a coin was sold for a dollar in ICO,
then promo or events for a short period of time, selling 10coins for a dollar.
investors would buy that. and when release comes,
they could dump the token far from its original and supposedly value basing on ICO.
and actually gaining money from it.

sometimes the team and the investors should be blame when dumping strikes and devastated the value of the token

[yazher]

The reasons why bounty hunters are the reason why the price of some tokens is dump after its lunch from some exchange is they flocked to sold all of their tokens in a single day. just like what I have seen in my ESH token a few days ago. it reaches its all-time high and after a few days, the price went down to -8.994578292 ESH $ 0.91(-93.74%). the problem with the bounty hunter is, they don't have the same mindset and most of them follow the others when they sold their tokens because they fear that the token I mentioned will probably happen to them. can you imagine the highest token you hold will fall down to -93.74% in a single day?

[tvplus006]

yes couldn't agree more.
for example
a coin was sold for a dollar in ICO,
then promo or events for a short period of time, selling 10coins for a dollar.
investors would buy that. and when release comes,
they could dump the token far from its original and supposedly value basing on ICO.
and actually gaining money from it.

sometimes the team and the investors should be blame when dumping strikes and devastated the value of the token

As a rule, the bounty pool is 1-3% of the total number of coins issued. Therefore, even if all the bounty hunters decide to sell their coins, this will not affect the price in any way. Moreover, the payment for the bounty is carried out much later than the coin begins to be traded on the exchange. And as a rule, by that time the price of the coin is already trading cheaper than the ICO price by several times.