Bounty hunters aren't responsible for dumps

[Barbut]

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... .

Tiy forget to mention team members! Many team members are paid high with project coin, and they dump before others, because they know exactly which exchange will list them first and they know the exact time, they can prepare better than all others! Usually, it's what happens, destroying of the project comes from inside, not outside! The team is the most responsible for their project, and they have premined coins, or they got it with contract!

[tunapa]

Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.

[dongosquad]

Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.

This is just an excuse to cover up the dev team's unpreparedness. How could they blame the bounty hunter for selling together? even though it is they who determine the allocation for the bounty campaign, if they already know this risk, they should make an allocation that they can handle. Or determine other strategies such as buybacks, or give rewards with other coins such as BTC or ETH. In essence, the irresponsible dev team always blames the bounty hunter.

[BChydro]

This is just an excuse to cover up the dev team's unpreparedness. How could they blame the bounty hunter for selling together? even though it is they who determine the allocation for the bounty campaign, if they already know this risk, they should make an allocation that they can handle. Or determine other strategies such as buybacks, or give rewards with other coins such as BTC or ETH. In essence, the irresponsible dev team always blames the bounty hunter.

I guess so the irresponsible teams usually blame the bounty hunters. When a team release a project if they have an idea about the worth of their project, then they will put a decent bounty so that the project they are planning will reach a good mileage. I bet these projects will cash out money after raising funds and then blame it on the bounty hunters  .

[asriloni]

Most times these projects are playing hide and seek when they say hunters are dumping the price. Some investors have more than all the total token allocated to bounty and when they list, they don't usually have good volume. So if such investor decide to sell off they will link it to hunters. It's not the truth.

It's the same like blockburn project but the developer was not even saying if they were dumping the token and they blame the hunters.

I think those who are still saying hunters caused this problem must try to visit the market to know the reality. There are so many people were blaming hunters caused by this.

[Henrobakkara]

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

yes you are right I also still hold some tokens that I got from the bounty (so not all hunters will sell their tokens)

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

this is what sometimes makes me laugh to myself when the hunter is blamed for dump, they don't realize if their products are not much in demand, so there is little demand in the market, this is their only reason to cover up products that fail

[Ridwan Fauzi]

I think this is about a culture, I have seen several times that when a project is successfully launched and being traded by some exchange the price of the project will dump quickly. I can't blame the investor or bounty hunter either but it is about how project is, I mean if the project has a good function and real case for human being in the future we won't see a huge dump for the project. The investor and bounty hunter will try to keep the token project in their wallet because they will get a huge profit in the future.

[Nalbo]

Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.

[dragon695]

Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.

True! Bounty hunters are not responsible for the dump of any projects' token. I think they choose bounty hunters as a "food for powder". I'm sure that they already knew bounty hunters just go in and out in a project to earn profit rather than stay along with the project all the way. Furthermore, the raising and dumping of a token price is mostly depended on their projects' plan. You can't blame customers for not consuming your low-quality product!

[bgaf]

Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.

I agree with this. The only thing about centralized exchange can be manipulated by the project. We cant see if the team already dumping unless we watch and observed all details regarding to their token metrics such as supply or allocated for the team, their vested period and token address. We all knew these details can track using etherscan so we can know if they are dumping their owned tokens or not. The thing here is the anonymity on the cex which is hard to noticed compared to dex.

[Zazzu]

Bounty participants are just escape goats for most project. The team fails to create a value and blame it all on bounty participants. If the project is sure enough about their success and don't want the bounty tokens to be dumped, they should pay bounty participants on other popular currency rather than their own token. But they don't. Most of the scam ICO are not sold and the team itself dumps most of it's unsold tokens on cheap price on listing which causes the price crash.

They should use the money to develop the project instead of using it to pay bounty hunters. And I think that if they don't want the price to fall when distributing bounty, then they need to distribute it in different batches. Delaying distribution will not solve the problem, until in the end the price will still fall

[Free1bitco.in]

Bounty hunters can be one of the causes of dumps, it is a natural thing to think about it, given that many hunters sell their assets simultaneously. however, that is not entirely the fault of the bounty hunter.
in fact, the development team should have considered that tokens given to bounty hunters cannot make large changes in the price of tokens, because the tokens given are not so large from the total allocation. in addition, other causes are also very large investor bonuses, and also the team's strategy that does not consider this risk

[joseyphil82]

If new projects team think bounty hunters makes their coins or tokens lose that much value they should find another means to pay bounty hunters or don't bother to introduce any bounty campaign, I have seen projects that pay in BTC to keep value of their token

[studio1one]

I always like to hold my rewards from bounty because sometimes holding pays off.

but TBT bounty hunters do pay a bit of a role in the dumping of price but not that much because early investors do have to pay some $$ for the tokens but BHs don't (yes I know we work for it).

[Midy]

bounty hunters are part of providing information to investors to be invited to invest in a project, although not many tokens are distributed, which causes the price of token dumps to be caused by investors themselves because they sell their tokens when they make a small profit.

[crwth]

I have a few concerns about your title and the claim of your topic. I'm quite confused with your last point as well. You are definitely contradicting your claims.

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

With your title and this sentence, the "major" word before dumps makes it seems that bounty hunters are still dumping, which they are. You know that bounty hunters make tokens because of the work they do? E.g. sharing articles, like and subscribe, etc. It's basically their time is exchanged with tokens and whatever amount they will be selling doesn't matter because they got it technically for free.

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

It depends on the project but if it's a scam, the project handlers would dump as well. That's the major contributor to the dumps.

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 💯

You are contradicting yourself with that. They will still dump, especially with that 100% possible gain. Lol.

You can't deny that bounty hunters will dump no matter what. Unless they really support that but I think it's highly unlikely.

[poodle63]

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... .

Tiy forget to mention team members! Many team members are paid high with project coin, and they dump before others, because they know exactly which exchange will list them first and they know the exact time, they can prepare better than all others! Usually, it's what happens, destroying of the project comes from inside, not outside! The team is the most responsible for their project, and they have premined coins, or they got it with contract!

That's the same as what already done by some team of icons. They were dumping it to the buyers before the reward that deserved by the hunters will be distributed. The team has access to the fund and this is the problem.

[VDraci]

The team should know that bounty hunters will dump their coins for $$$, they are ready to pay that's why they introduce bounty promotions right ?? Then why blaming bounty hunters? It mean the projects are not good enough, look at many projects that paid this year, they still have good value, tokens that bounty hunters sold have no impact on the price, HEX bounty, Velas and Cartesi, they still maintain good value, bad projects will bring bad result

[bakasabo]

The team should know that bounty hunters will dump their coins for $$$, they are ready to pay that's why they introduce bounty promotions right ?? Then why blaming bounty hunters? It mean the projects are not good enough, look at many projects that paid this year, they still have good value, tokens that bounty hunters sold have no impact on the price, HEX bounty, Velas and Cartesi, they still maintain good value, bad projects will bring bad result

Everything depends on the team. There was such bounty as Moozicore. Their bounty pull was bigger than the amount of tokens they sold during numerous rounds of IEO. With early listing they tried to save investors from bankrupt, but when they opened an option to transfer funds from dashboard to hunters wallets - bounty hunters immediately dumped the price.

So the team on first place, and bounty pull on second are the ones who are responsible for dumps.

[pankaj1234]

No I am not agree with the word that bounty hunters dump the price of the coin because bounty allocation is very low in every bounty. If the the project is strong and their ico or ieo has sold out means their has reached their hard cap there will be no problems with bounty hunters coin sell. if you look an example ctsi team has distributed their 1/3 coin to bounty Hunters but the price is still at same level. Project should be a great content based then nothing will happen to their price. In last this is market so everybody has the right to buy or sell whenever they want.