Bounty hunters aren't responsible for dumps

[tbterryboy]

I agree that no one should be responsible for dumps of a coin/token but only the devs. Yes, they must have use-case based project which will definitely have value regardless of how hard dumps do happen on them. Only the project which are not focusing on developing a real-world application related thing, will get dumped when their bounty hunters are reward. I guess it is not right to stop the bounty hunters from dumping. Because, it is their earning hence they have all the right to do whatever they want.

Moreover, bounty hunters will save the rewards if they believe into the development of that project. When the devs do fail in gaining confident among their own bounty program participants how they will convince other common people to invest with then or adopt their project.

[Phoenix_PROG]

Discounts is the biggest enemy of ICO projects, if a project is very important and has better quality the project team don't have to use discounts to attract investors because it will eventually bring down the wall on them, it's not a good move

[ecnalubma]

Some investors claim that but they are wrong if they just look at the projects tokenomics they will realise that they are wrong. Dumps are only temporary its all about demand and supply, real potential projects could really bounced back unless its a garbage project and no chance to be survive.

[103deltafox]

Very well said, bounty hunters are never the reason for dump, the bounty reward is just a minute fraction of the total pool so while will that of bounty hunter affect the total pool,some time the dump could also be caused by the investor who were opportuned to buy at a bonus price or the dumping market generally could affect a token

[Romeotom]

There are some dumper and some holders. Here some bounty hunter want quickly sold and got money without seen those coins grap bad situation. Even unlucky some bounty hunter stay hold and do not want sales of the dumper timing.

[Sanugarid]

What might be the truth about these scam projects is that they are lying to everyone. Promises are meant to be broken, they might be deliberately doing the dumps so every investors will be hesitated to sell. They will let the bounty hunters enjoy since these are only less than 2% of the total allocation, thus this will leave investors no choice but to stay but have you guys ever wonder why a certain project is plummeting even after a certain time period? Simply because the team is backing off without telling the investors. Soon they'll drop an apology message to everyone saying that the project has failed, terms and condition favors them coz they did not read them. With that they can just slip away without any legal problems. How is this theory?

[MCDev]

The reason a project collapses and becomes a simple landfill is that it is inefficient and cannot attract investors. Those who blame bounty hunters are only trying to hide their weakness.
The supply of bounty and aridrop programs rarely exceed 1% of the project, so bounty hunters are hard to influence the price of a project.

[serjent05]

There are some dumper and some holders. Here some bounty hunter want quickly sold and got money without seen those coins grap bad situation. Even unlucky some bounty hunter stay hold and do not want sales of the dumper timing.

If you consider the amount of token allocated to bounty hunters, they are just minimal.  1% to 5% of the total supply, where devs hold 20% to 30%.  If the economy of the token is established this 1% to 5% dump won't hurt the market that much, it may go down for some time and will recover eventually.  But the problem is that the price of these token never recover and these incompetent devs blame it to the bounty hunter who promoted their project.  So they are saying that it is because of the bounty hunter when the price of their worthless token continue to go down.

[xZork]

Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,

Point 2.
and it's ridiculous if a project dumps because of bounties and airdrops promotions that's suppose to drive in many investors for them

Point 3.
Bounties allocations are not even up to 1% of the projects max allocations, the most projects I've seen only gives out 0.1% and some even gives out only 0.01%

Point 4.
New projects go around giving too good discounts for early investors, an ICO price of 0.01$ turn to 0.005$ for early investors, what are they thinking? The moment this hits exchange and price starts at 0.02$ they will surely dump 💯

There are two reasons why a project becomes a landfill: the weakness of the project along with the development team sold out the coins they own.
In fact the second reason often occurs in the cryptocurrency market. As soon as they attract investors and can put their projects to trade, the development team will sell out everything they hold and leave a pile of rubbish.

[timmmers]

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. 

[arjuna BTC]

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

[pandanaran]

Yes, as you said above, if we draw conclusions from the prize allocation, the prize hunter is not wrong. because prize hunters only get a few% of the total project prize. I think the dumper happened because the project team itself or the initial investor first received more tokens.

[bigcash2011]

Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,

Point 2.
and it's ridiculous if a project dumps because of bounties and airdrops promotions that's suppose to drive in many investors for them

Point 3.
Bounties allocations are not even up to 1% of the projects max allocations, the most projects I've seen only gives out 0.1% and some even gives out only 0.01%

Point 4.
New projects go around giving too good discounts for early investors, an ICO price of 0.01$ turn to 0.005$ for early investors, what are they thinking? The moment this hits exchange and price starts at 0.02$ they will surely dump 💯

Well i have another view, i think if the token dumps as soon as it lists on an exchange, it is the weakness of the team and just goes on to show that their token and project has not been received well by the market so they need to think and strategize to make things better for their projecr.
Another big reason for dumping is low liquidity and less buyers in the market so if someone is in need or in a hurry to withdraw he will fill whatever buy orders he gets causing severe dump in price.

[DeadCoin]

Yes, I agree. Because that is the responsibility of the project owner, not the bounty hunters. Of course, hunters join bounty to gain profit, and most commonly of the bounty hunters are not holders like investors. They want quickly to earn once the reward is successfully distributed. The only solution I guess is if the company has a buy back the same amount to the bounty allocation.

But if that is a good project it will not dump in the market after listing.

[kingzpro]

Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,

Point 2.
and it's ridiculous if a project dumps because of bounties and airdrops promotions that's suppose to drive in many investors for them

Point 3.
Bounties allocations are not even up to 1% of the projects max allocations, the most projects I've seen only gives out 0.1% and some even gives out only 0.01%

Point 4.
New projects go around giving too good discounts for early investors, an ICO price of 0.01$ turn to 0.005$ for early investors, what are they thinking? The moment this hits exchange and price starts at 0.02$ they will surely dump 💯

Although they blame bounty hunters for dumping all the time but i suspect the team itself for dumping because they usually sell their own inventory at exchanges to get more eth and btc and usually it is a red flag as it confirms that team is greedy and want to make the most out of their authority secondly the people who get the tokens for cheap during private and pre sales sell for small profit causing dumps because these are big investors so when they exit they cause serious crash.

[reallester]

Here are points that bounty hunters aren't responsible for major dumps happening to bounty projects

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,

Point 2.
and it's ridiculous if a project dumps because of bounties and airdrops promotions that's suppose to drive in many investors for them

Point 3.
Bounties allocations are not even up to 1% of the projects max allocations, the most projects I've seen only gives out 0.1% and some even gives out only 0.01%

Point 4.
New projects go around giving too good discounts for early investors, an ICO price of 0.01$ turn to 0.005$ for early investors, what are they thinking? The moment this hits exchange and price starts at 0.02$ they will surely dump 💯

It's quite ridiculous to say a project dumped because of bounty hunters. A strong project will remain strong evennif hunters dumped their tokens. And to come to think of the fact that not all bounty hunters dump their tokens.

[Odebowa]

yes ooo, or what is the effect of a cup of water in pool or ocean, if its not insider trading, fault of the team, owner and manager. The reward given to the hunter is of quantity to the extent it will affect the whole project some hunters always keep there reward with hope to rise in the nearest future, in other to earn more

[RealMalatesta]

Point 1; How could you know that most bounty hunters are holding their tokens? Depending from token to token, there could be plenty of bounty hunters who sell right away, or could be keeping, we wouldn't really know all that much, most of the time as soon as it hits exchanges the prices go down, we can't say it was bounty hunters, but we can't say it wasn't neither.

Rest of the points could be true, I am not saying any of them is wrong, they are still not proof, they are just thoughts and assumptions and this is a forum so you are free to share your mind about things, but also we have a right to disagree with what you think, yet I only wanted to inform that these are not proof, these are not evidence, these are just assumptions, people can and will probably do illogical things all the time.

[Twinkledoe]

It's quite ridiculous to say a project dumped because of bounty hunters. A strong project will remain strong evennif hunters dumped their tokens. And to come to think of the fact that not all bounty hunters dump their tokens.

Aside from that, even if the bounty hunters will dump their tokens, it should not significantly affect the project as the allotment is very small to these bounty hunters. Also, you have to check the timeline of the dump, usually the hunters don't receive yet their share when the dump happens, so how could they blame it to hunters?

[ZincUnrated]

Anyone who still think hunters are responsible for token price dumps is simply naive or can't see what's happening. Most of the dumps are caused by token sale participants who got this tokens together with huge discount and bonuses. Since they don't care about the prices, they sell off their hugely discounted tokens to a point that it crashes the market prices and ruining it all for everyone involved. Some times, hunters don't get paid in time and yet the prices of these projects still dump. Hunters aren't really the ones dumping project prices... .