Stop blaming bounty hunters

[raidarksword]

This always been issues pointing fingers to bounty hunters if price dumped on such project, little they know investors can also dump whenever they want and it's always unfair to us hunters always get to blame who just helped a project to succeed in the crypto market. Even all the hard work hunters put into for marketing campaign, people always be little to us hunters that we will also part of the project's success no matter what. Sometimes hunters are treated unequal and getting neglected just like DigitalBits team did to all participants that never got paid for what they deserved for their marketing works.

[homhay]

dumps on newly launched coins certainly exist, but the effect of dumping coins by bounty hunters is very small because the allocation of coins given is very small, a big influence when dump coins are only investors where they sell their assets in large quantities.

[Balili]

Bounty hunters aren't investors and should not be blamed for any dump. Hunters hunt to cash out and at the end of their work they are being rewarded with little amounts which can't affect the volume of the project when they sell off.

[adibi12]

Such blames have actually occurred from the beginning of 2019, there are even some projects that try to make innovations or new tricks to anticipate the dump of their token prices by making payments in stages or not in total distribution, but many projects fail with that method , I think for now the best method to anticipate this is by buying back, and it has been proven successful, but it returned to the natural team to manage money from investors.

[jcpone]

I don't believe that bounty hunters is the main cost of price dumping that is totally wrong and not right.
In my own personal opinion, I think the main cause of dump price of the coins is the developer of the coin
because He's the one who handle the total supply of the coin. Just a thought.

[Vishnu.Reang]

Bounty hunters aren't investors and should not be blamed for any dump. Hunters hunt to cash out and at the end of their work they are being rewarded with little amounts which can't affect the volume of the project when they sell off.

As I have posted earlier, bounty hunters make up convenient scapegoats. In most cases, a project fails because the developers can't deliver what they promised. Rather than returning the money back to the investors, these people search for excuses. And the most common excuse is obviously the "bounty hunter dumping theory". The situation has remained the same after all these years.

[Davian144]

Very little percentage were allocated to the bounty program,so even if 100% hunters dumps the coin itwould not affects the coin market price

Yes, if we look at the allocation to the bounty hunters obviously very little, and if the bounty hunters throw tokens together into a market, of course the effect will be there is just not so great effect on the price of the tokens, so it is very unnatural if the problem of dump prices tokens in the market that the hunters blame.

[bitgolden]

Do not go over people who blame bounty hunters too much. I do agree that bounty hunters are not the only guilty part and in some cases they do not even have any guilt at all because of what happened to a project. However, I also understand the look of investors towards bounty hunters as well, think about it you spent 100 dollars and bought 1 million tokens from a project and expect it to go up and your 100 dollars will be 500 dollars one day when the project x5's but you see people who get tens of millions of dollars combined (not each person but total) by just working and they didn't spent a single dime on that, you get pissed off because you spent real money whereas they just retweeted or whatever and you get mad at it.

I understand it, not that it is right but I get it, because normally those people who work for bounties help that coin get known more, so what they are doing is free but valuable.

[cassavachips]

I am glad someone raised this problem. Most people always blame the bounty hunter when the price of the project in exchange experiences a great dump. Whereas the allocation for bounty hunters is very small when compared to the others.

For the Hybrix project, I followed it because it was a good project for me. I had predicted it would experience a big dump when the admin announced it would distribute tokens to investors and that was true. Until now the dump is still ongoing.

[forexandcryptoauditor]

It is true that bounty hunters can not be blamed for price dump. As they hold very small portion of token allocation, it should not impact much to the token price.
there is a solution, if projects feel bounty hunters as dumper, they should reward in ETH or BTC so that their toke value can not be lowered due to selling of these.

[dentolas]

I think that usually there are a lot of investors dumping to get their quick profit and blaming the hunters... most of times there is not enough coin on the bounty budget to cause such severe dumps....
And on the other hand, a lot of the hunters would surely hold if the project treat them respectfully and gave out some solid clues that they are serious... most of us have already seen to much vanishing projects...

[kawetsriyanto]

if projects feel bounty hunters as dumper, they should reward in ETH or BTC so that their toke value can not be lowered due to selling of these.

Good idea, but it rarely happened. If they pay bounty hunters in ETH or BTC, they must need more funds. Only a few projects supported by established companies that are likely to do this way. or projects which have already had enough funds potentially choose this option. While projects which still have not enough funds, seem not to choose this way.

[80jutaa]

As far as I know, coins or tokens have drastically reduced prices caused by disposal. I mean someone who holds a large amount of coins and then sells them. Prize hunters are scapegoated after the coin price drops.

[Dondeon]

I think the allocation of bounty hunters is always small compared to the total supply or circulation supply. I feel that, if the allocation given to bounty hunters can dump the price of a project hard, it means the project itself is not solid or has not arrived yet.

[Innocant]

Bounty hunters are only promoting the bounty campaign participated not to dump the price of altcoins in any exchange site. Actually most of the bounty rewards receive from a bounty campaign are still hold because of these the prices of altcoins are always dump, Ill think we blame of it is those people want to earn a small amount of altcoins.

[10BTCaDay]

Bounty hunters are only promoting the bounty campaign participated not to dump the price of altcoins in any exchange site. Actually most of the bounty rewards receive from a bounty campaign are still hold because of these the prices of altcoins are always dump, Ill think we blame of it is those people want to earn a small amount of altcoins.

it is really true. many bounty hunters get paid when the price is already very low and therefore they do not sell their coins immediately   but they leave them for the long term holding

[Utoy101]

The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.

But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.

I can't agree more, what happened to hybrix token due to the massive dump by investors really proof the fact that hunters only do have a little of the tokens that can barely influence a massive dump. Most dumps are usually from team members and investors

[alisonwonder]

Bounty hunters are only promoting the bounty campaign participated not to dump the price of altcoins in any exchange site. Actually most of the bounty rewards receive from a bounty campaign are still hold because of these the prices of altcoins are always dump, Ill think we blame of it is those people want to earn a small amount of altcoins.

it is really true. many bounty hunters get paid when the price is already very low and therefore they do not sell their coins immediately   but they leave them for the long term holding

I think there are some like that and of course when prices fall it is not the fault of the bounty campaign participants but it is purely the fault of the developers who do not provide support for the coin so the price cannot be good, imagine if there is full support from the developers then the price will be stable and potentially rise.

[gundala]

However, I also understand the look of investors towards bounty hunters as well, think about it you spent 100 dollars and bought 1 million tokens from a project and expect it to go up and your 100 dollars will be 500 dollars one day when the project x5's but you see people who get tens of millions of dollars combined (not each person but total) by just working and they didn't spent a single dime on that, you get pissed off because you spent real money whereas they just retweeted or whatever and you get mad at it.

I understand your point.
Indeed there are most people who underestimate bounty hunters. They consider bounty hunters to get tokens or coins for free. Even though the bounty hunter must "work" first to get the reward, somehow they still think it's free? If they find the task of the bounty hunter easy, why don't they try it?
I understand, only people who are strong and a patient can become bounty hunters.

[acdc]

The main reason why a project becomes a landfill is that the project is not attractive to investors, they feel the project has no future and withdraw from it.
Besides, the rewards of the bonus program account for very little of the total coins sold, so it cannot be concluded that the bounty hunter affects the price of the project.

What I noticed is that, legit bounty project offers very little reward while bad projects offers big bounty rewards, it looks like the opposite is happening.

Yes, most good bonus programs often offer little rewards because they can appreciate the value of their project. Bad projects often offer huge rewards with promises but most bounty hunters receive only a heap of rubbish.

Obviously, bullshit projects often offer large budgets to attract participants and promote their projects. The price of the token will then drop several times or even they will never distribute it

I have encountered many such projects, they often promise great distribution of rewards and great deals. The end of such projects is usually pumping and dumping after which the development team will disappear leaving only a large landfill.