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Author Topic: Bounty hunters aren't responsible for dumps  (Read 1400 times)
Indrawan77
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June 06, 2020, 03:07:23 AM
 #101

The one that caused dumping is usually the early investor that got bonuses, most of the bounty hunters also sell their coins when the coin being listed,but the portion is too small to cause dumping, but the funny thing is most of the people believe that bounty hunters that caused the price to fall down
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June 06, 2020, 08:24:17 AM
 #102

Bounty hunters do dump there tokens after bounty ends but the bounty allocations is not enough to drag down the value of the token unless

1. The token is listed on bad exchange
2. The exchange has very low volume
3. The token itself is not good enough and people aren't buying

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June 06, 2020, 09:16:27 AM
 #103

bounty hunters are people who promote projects to attract investors, so if some people consider prize hunters to be dumper, that is not true, especially considering that the allocation given is only 1-5%.

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June 06, 2020, 10:04:20 AM
 #104

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.

I think everyone knows this already, and even developers just chose not to refute the claims, Bounty hunters were never responsible for dumps in any instances. It is media pushed narratives to cause bad influences to bounty hunters.

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June 06, 2020, 10:08:17 AM
 #105

Bounty hunters do dump there tokens after bounty ends but the bounty allocations is not enough to drag down the value of the token unless

1. The token is listed on bad exchange
2. The exchange has very low volume
3. The token itself is not good enough and people aren't buying
That's right, if the token is listed on a good exchange and has a high volume, of course the bounty will have no effect at all.

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June 06, 2020, 10:11:06 AM
 #106

Point 1.
Many bounty hunters hold tokens and coins they earn from bounties, not all of them are dumpers,
Not all of them are dumpers I agree but most of them are joining the bounty campaign for the sake of profit so they are playing a big role too in dumping the token aside from the investors and the team itself who are dumping most of the 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
These kind of promotions will surely help the project but the dumping of the bounty hunters is inevitable. They aren't the "ONLY" responsible for the dumps but also the investors and the team too.

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%
Yep I agree with this but they also play a role in dumping alongside with the investors and the team Cheesy.

Overall, bounty hunters aren't the "ONLY" one who is responsible for the dumping of the token but also the team and the investors. Lets face it that most of them are just investing or joining just because of the profit and not because of the technology behind the project itself. Yes there are some who choose to hold the token they got but it is a huge risk to them because I don't see any project that didn't dump as they are getting listed on an exchange.

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June 06, 2020, 10:24:57 AM
 #107

Bounty hunters are not right one to be blame in the price of dumping in the market.
I don't believe on this a piece of shit. Please excuse me for the terms I had bestowed but I am just
stating the fact only. Before bounty hunters can sell their coin rewards the price of the coins
they have is usually already dumped if they can able to trade their coins in the exchange that's the
common thing happened actually.
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June 06, 2020, 10:38:55 AM
 #108

I also think so they never give more than 5% prizes and the bounty hunters also do not sell them directly simultaneously, so if prices go down when listing maybe the project is not good or investors sell most of their coins.

Yes, i can add here about HY token that is given to bounty hunter in every week but i never seen it goes below to 3$ before ICO payments. When june-2 ICO token given its price come to below 1$ even 0.5$ also though its ICO price 2$. So how we can say bounty hunters are dumpers? i think its fully depends on ICO investors.

thanks.
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June 06, 2020, 12:54:56 PM
 #109

Yes, I agree that the allocation that is given to bounty hunters is very low but still even though there's a 1 bounty hunter who dumps a token, it is still had to do with the project. The team and investor ofcourse must also be a fault of it because they have a big amount of token and also they didn't manage the platform right for the sake of the token. There are lots of people who attracts by the price to earn in the project than the good content of the project so still no use for the greed of people.

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June 06, 2020, 01:00:17 PM
 #110

Whales are responsible for dumps as usual. If bounty hunter so rich that we can name him responsible
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June 06, 2020, 01:05:11 PM
 #111

I also think so they never give more than 5% prizes and the bounty hunters also do not sell them directly simultaneously, so if prices go down when listing maybe the project is not good or investors sell most of their coins.
It's even hard to see bounty campaigns that gives up to 5% of their max supply nowadays, Cartesi project only gives 0.10% and so many other bounties too, honestly I haven't joined about with 1% max supply this year so far, its a Stupid claim if teams are insisting that bounty hunters are responsible for value drop.
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June 06, 2020, 01:43:36 PM
 #112

You can solve this problem pretty easy by locking tokens for a defined period of time. For example every month 10% of earned tokens become unlocked and it reduces the selling pressure done by bounty hunters.


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June 06, 2020, 04:16:30 PM
 #113

You can solve this problem pretty easy by locking tokens for a defined period of time. For example every month 10% of earned tokens become unlocked and it reduces the selling pressure done by bounty hunters.
it doesn't solve the problem if the project isn't really developed. honestly, I've seen a lot of projects that are really broken because of something like this. it even creates a dump price for each token distribution. however, the best way to avoid this is to attract lots of users, and that is the job of the developer. however, the bounty hunter is not entirely wrong in this matter, because I feel this is a common thing, so developers must think of strategies to avoid dumps caused by bounty hunter sales.

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June 06, 2020, 04:51:36 PM
 #114

You can solve this problem pretty easy by locking tokens for a defined period of time. For example every month 10% of earned tokens become unlocked and it reduces the selling pressure done by bounty hunters.
if you apply this method it will only give a loss because the assets in the form of cryptocurrency that you have if stored in an exchange or stored anywhere will never be able to provide a guaranteed profit because the cryptocurrency price movements will never be known to go up or down even bitcoin too like that.

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