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Author Topic: Bounty hunters aren't responsible for dumps  (Read 1400 times)
davinchi
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June 02, 2020, 06:28:15 PM
 #81

Lower bounty is still better compared to giving your coin that you created and get it dumped. Project managers do not realize that you are creating a currency that could worth hundreds of thousands of dollars easily, also you could reach to millions of dollars if you want to as well.

It means if you do actually end up spending your money on bounty but give back bitcoin, ethereum, usdt or whatever you are going to keep most of your own coin to yourself while getting investments and nobody will be dumping, since they don't dump your coin will worth more. Which one would you pick, giving out millions of your token for bounty but then later they dump it so quickly that your market cap drops by 200k? Or would you like to spend 100 ethereum or 200 ethereum (whatever you want) but then your coins will worth more and more, over 500 ethereum worths more just because they couldn't dump it.
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June 02, 2020, 07:02:36 PM
 #82

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
Quite unfortunate some of these blames are on bounty hunters despite all their efforts in ensuring a successful promotion of those tokens while waiting endlessly before distribution, a lot of bounty hunters knew that dumping when listed is not the best idea of earning money rather I would blame investors who bought at ICO price with bountiful bonuses while seling off when the coin is listed thus making some small profits.

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June 02, 2020, 07:02:54 PM
 #83

Projects that goes about blaming bounty hunters are either looking for a way to shift blames or are looking for a reason not to pay, that's the way I see it and it has been looking as such. Take a look at a project delaying rewards for months and then when it gets to distribution date they will look for an excuse. Good projects hardly bothers nor have time to blame bounty hunters or give excuses, they try their best to work on their products such that the platform will always retain a good and valuable look. Also, some projects team are ready to dish out bonuses to attract investors but when the dump comes, they fall back to blame hunters for selling thus exposing how weak they  are.

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June 02, 2020, 08:33:18 PM
 #84

i agree with this as my self, a bounty hunter as well.. not all bounty hunters are the one responsible for the dump.. some yes but not at all
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June 03, 2020, 06:07:14 AM
 #85

i agree with this as my self, a bounty hunter as well.. not all bounty hunters are the one responsible for the dump.. some yes but not at all
Only some people were selling their coins to the market but we have learned a lot of experience if the majority of hunters are still keep their coin whether it's on wallet or exchange site, The hunters must not be blamed again and never again.

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June 03, 2020, 06:10:47 AM
 #86

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
It's hard for you to see the price of a token when trading is higher than the price of an ICO or an IEO. Most projects collapsed when listed because no one was interested in new projects, and caused it to have no liquidity.
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June 03, 2020, 04:48:48 PM
 #87

Only projects that do not focus on developing a real-world application, are canceled when their bounty hunter is rewarded. I guess it's not true that stopping bounty hunters from dumping. Because, that's their income so they have the right to do whatever they want.

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June 03, 2020, 07:33:14 PM
 #88

Bounty hunters are not responsible for token dump on exchanges. Hunters are paid months after the campaign, some projects are long listed on exchange with little or no liquidity. The tokens allocated to hunters are not enough to crash token price on exchange the earlier projects accepts this the better. Hunters
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June 03, 2020, 11:22:09 PM
 #89

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?
Well, is it wrong when I sell rewards in return for my hard work because there are good opportunities?
I think investors have also played a role in the decline, since 2018 it has been very much awaited by the holders of ESH.
So, don't blame anyone, bounty hunters and investors deserve the best opportunity. If there is no buy back, it means that many traders or investors choose to take it off, maybe wait until there is a good development from the team.

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June 05, 2020, 03:21:55 PM
 #90

bounty hunters are never the reason for dump, the allocation of funds given to prize hunters is indeed very small, so it has very little effect on the token dump. Those who blame bounty hunters are only trying to hide their weakness. 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.
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June 05, 2020, 03:28:50 PM
 #91

Yes thats right im a bounty hunterr and i do not agree to what they say that we bounty hunters are the responsible for dumps, what they dont know is that investors should be blame for dumos becuase of thier greedy to immediately sell for quick profit or maybe the bounty project isnt that good that why they dump the coins.
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June 05, 2020, 03:42:22 PM
 #92

Although bounty hunters are known as "Dumper", it is not really right to evaluate these people as such.  Of course, it is possible that the price will decrease to a certain level with the sales transactions of these people, but these people are not responsible for many serious price decreases.  In addition, if we think that the budget allocated by the projects for these campaigns is in the range of 5-8% compared to the circulating supply, we can understand that it is not possible to create the mentioned price drops with such a low amount.
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June 05, 2020, 04:04:19 PM
 #93

Although bounty hunters are known as "Dumper", it is not really right to evaluate these people as such.  Of course, it is possible that the price will decrease to a certain level with the sales transactions of these people, but these people are not responsible for many serious price decreases.  In addition, if we think that the budget allocated by the projects for these campaigns is in the range of 5-8% compared to the circulating supply, we can understand that it is not possible to create the mentioned price drops with such a low amount.
even 8% is too much, sometimes the allocation is only up to 2% or even thereabouts. however, the first mistake will be the bounty hunter. Well, maybe because the moment is always right that the price reduction occurs when the bounty allocation has been distributed. this has always existed.

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June 05, 2020, 05:33:10 PM
 #94

yes I strongly agree, indeed the bounty hunter is not a dump! Coins from projects that are not clear will experience dumps that are common,
look at the Cartesi case, even though tokens are distributed the price of CTSI is still good at binance

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June 05, 2020, 09:33:46 PM
 #95

I should say even if all bounty hunters sell their tokens, it would not affect the price as the token pool is 5, 3, or even less percentage of total token supply. Its the early, private investors or team who are responsible for price dump.

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June 05, 2020, 09:41:27 PM
 #96

I don't think that was caused by a bounty hunter. I think it happens because someone, an investor, a project team, or those who have a large number of project tokens and then sell them.
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June 05, 2020, 11:52:42 PM
 #97

--
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 💯
This is not a problem if there are no more discounts for sales in the next phase. Early investors should get a good appreciation because they want to trust the project, even though the progress is not yet visible.

The problem is that discounts are continually given regardless of the long-term effects. If there is a dump, the bounty hunter is often blamed. Though investors also have the same opportunity. Isn't everyone entitled to benefit from the hard work and effort that has been done?

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June 06, 2020, 12:21:50 AM
 #98

--
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 💯
This is not a problem if there are no more discounts for sales in the next phase. Early investors should get a good appreciation because they want to trust the project, even though the progress is not yet visible.

The problem is that discounts are continually given regardless of the long-term effects. If there is a dump, the bounty hunter is often blamed. Though investors also have the same opportunity. Isn't everyone entitled to benefit from the hard work and effort that has been done?
Sometimes, I get annoyed because everyone blames bounty hunters, but without them, the project would surely be difficult to succeed. I think they worked hard for their work and they deserve it. I feel people in this market are very afraid of the bounty hunter because they always think that bounty hunters can cause the coin value to collapse anytime they feel like it.

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June 06, 2020, 12:29:48 AM
 #99

I don't think that was caused by a bounty hunter. I think it happens because someone, an investor, a project team, or those who have a large number of project tokens and then sell them.
There was a lot of factors that can cause the dump for the price of the token. Low liquidity, big bonus, low interest, the bad result of development progress and the hunters can't always be the reason to be blamed when the price is going down. So many scam projects have become scam projects too.

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June 06, 2020, 02:44:56 AM
 #100

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 💯

Yes bounty hunters only have the small portion of the coin that are circulating on the market.
Sometimes the creator of the project are involve in a dump where they can manipulate the price and earn from it. But its not about being dump . Because the mindset of bpunty hunters now is to sell their coin asap before it turn into a shit coin

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