Rowenta
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Activity: 196
Merit: 12
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July 30, 2020, 02:46:03 PM |
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Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading
If this happens to you it means you choose the wrong project, some project will worth cent and after bounty ends it add more value, what ever happened on your bounty journey it will never be the same, some times you will get good rewards and sometimes it will be bad
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makishart
Legendary
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Leading Crypto Sports Betting & Casino Platform
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July 31, 2020, 02:11:44 AM |
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We will never know who will dump the token when the campaign over, not only the team but it could be the people who participate on their ICO/IEO too. My advice, if you already received the payment and see the price of the token is very low, don't sell it yet. If the project is great, it will become a great project in the future and the price of the token will bounce back although the current price is still low, i have seen several projects like that.
so far I have experience when tokens have been distributed and the price is still low it will actually make the price low again because the bounty hunters sell it at cheap prices, and it is difficult to increase prices. If that was coming from the crap project and you will earn nothing from your effort. When the project can't attract a lot of traders and there will be no volume for such token and it will result in a big loss for all of investors either bounty hunters too.
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fuer44
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July 31, 2020, 02:51:30 AM |
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It was not like that before, I felt that the bounty then and now is different. used to be fair, where the bounty hunter also gets a reward. whereas at the moment, prize hunters tend to get low marks or even blank. there are several factors in my opinion. the first is that since the market is down, the dev doesn't want to risk anymore when the token still has value, then everything will be sold before the bounty hunter gets the reward. so, before the distribution takes place, usually the token is listed and when the distribution is already in progress, the value suddenly drops dramatically and is not as expected at the beginning. lately it often happens and for the events that lately happened, I agree with you.
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slashz9
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July 31, 2020, 05:41:20 AM |
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dumps are inevitable, because they are more concerned with investors or everyone thinks about themselves, when tokens are distributed investors will immediately sell if they see it can take profits quickly, so the hunters who get the rest can not do much, except if the project can survive for quite a long time.
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Princeofpoetry
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Activity: 686
Merit: 28
PUGG.io
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July 31, 2020, 10:51:33 AM |
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dumps are inevitable, because they are more concerned with investors or everyone thinks about themselves, when tokens are distributed investors will immediately sell if they see it can take profits quickly, so the hunters who get the rest can not do much, except if the project can survive for quite a long time.
That's true bounty hunter can only accept market dumps, by choosing between selling cheap or hold and hoping the price will pump. But a good project the price will improve soon after the dump, I believe it.
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TitanGEL
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July 31, 2020, 11:09:57 AM |
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It is the fault of the bounty hunter if he participated in a project where it has shit products and services. I'm a bounty hunter before but I stopped participating in it where a lot of scam and poor projects exist one after another. Bounty hunter should also have a unique skills when choosing a bounty. It is not the fault of the bounty manager if the project doesn't become successful, it is the fault of the bounty hunter because he did not choose good bounty that is promising in the market.
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shakesbear
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July 31, 2020, 11:11:57 AM |
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That's why most crypto projects from the very beginning plan to just make money by deceiving users in any way, and not to create a working product.
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South Park
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July 31, 2020, 05:10:49 PM |
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Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading
Bounty hunters should wait for the right time to sell their bounties, but some prefer to sell it for a quick buck. Some project delayed their distribution to their bounties due to dumping and of course their priority are the investors their least concern are the bounty hunters. It suck but most of them treat bounty hunters like that. Bounty hunters are not dumb they know that if they wait for too long to sell their coins they risk wasting their time if the coins goes to zero as we know it happens all the time, so they sell their coins immediately in order to protect their efforts, however blaming bounty hunters for the drop in the price is the easy way out for the developers as they can always point out their fingers and claim that their project failed because of them when we know that projects fail simply because they are no good.
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memed97
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July 31, 2020, 05:28:58 PM |
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That's why most crypto projects from the very beginning plan to just make money by deceiving users in any way, and not to create a working product.
Yes, and this is a method that has long been done by scammers who make projects, maybe one or two times they can succeed in deceiving many people, but for the next they will also be difficult to get new victims even though they always use methods a new way to fool many people.
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Tomohisa
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August 01, 2020, 11:33:13 AM |
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The dump before the bounty distribution usually because the trader wants to catch the coin in much lower price hence they selling their bag, making the dump. This is why I advise bounty hutters to restrain from selling right away after the bounty distribution and wait till it over for better profit from your bounty work.
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lienfaye
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August 01, 2020, 12:23:00 PM |
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Yes, that's their grand plan. Bounty hunter, either from bitcointalk of social platform in bounty manager's eyes are just a tool to use to spread and promote a coin, nothing more. Don't putt too much emotion on a bounty campaign and just do what you want to do after the distribution for your work.
Unfortunately you are right, but there are projects who are fair and giving the hunters what they deserve for promoting the project. But most of the time what we get is worthless coins that dont have value or cant be traded due to very low price. Thats why we cant blame the bounty hunters who are eager to sell right after they receive their tokens because they wanted to get profit while the tokens has value.
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wmaurik
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August 01, 2020, 12:35:04 PM |
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Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading
The reason why many listed tokens hold bounties is actually to make people invest or buy the project tokens, I think because promotion in this way is cheaper. It's just that the risk of participating in a listed bounty is if the project tokens that we promote go dump usually this will make us lose because usually the payment is made not on time and must wait a few weeks after the campaign is over.
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Princeofpoetry
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Activity: 686
Merit: 28
PUGG.io
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August 02, 2020, 11:15:20 AM |
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Yes, but the emotion that arises from bounty participants is not about the amount of reward from the bounty distribution, but at not paying after all their work is done, or after the bounty period is over, this is often the case for every bounty participant.
This is the risk of bounty hunter, besides the price being dumped after distribution there are many scam projects. so always do an analysis before following the bounty.
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judeafante
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August 02, 2020, 02:20:42 PM |
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Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading
Majority of bounty hunter shares the same thought, this happens because many bounty hunters joined pump and dump coin and of course the developers will be the first to dump and bounty hunters left with crumbs on the table, this is the scenario that has been repeated so many times.
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kensaii
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August 02, 2020, 02:39:22 PM |
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If a project doesn't have good progress in development. Dump usually happened after any huge amount of coin released into the market. This can be a dump after bounty reward distributed so you should not blame all on it on the team like they want to do it intentionally.
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TopT3ns
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August 02, 2020, 04:05:17 PM |
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If a project doesn't have good progress in development. Dump usually happened after any huge amount of coin released into the market. This can be a dump after bounty reward distributed so you should not blame all on it on the team like they want to do it intentionally.
of course, because to be able to make cryptocurrency always has a price is dependent on the developments made by the developer, when the inventor does not provide further development, it is certain that many investors will move to projects that can generate profit and indeed have high demand.
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fvb
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August 02, 2020, 04:19:39 PM |
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I noticed that too. When a company starts, the price is one. As a result, when the company ends, the price is significantly lower. Hunters can only wait or sell at a lower price. I think this was done on purpose, and it makes sense to wait, if the project turns out to be useful, then in the future you can make a good profit.
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saint_casanova
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August 02, 2020, 04:51:40 PM |
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There is nothing we can do about it. The coin/token is in their hand and we're always behind the curve of prices. The only way to prevent is don't join in shady bounty project and clearly just want to pump and dump their coin before anyone get a hand on it.
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Samayuki
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August 02, 2020, 06:04:50 PM |
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I think the main reason a project dump is not because of the bounty campaign but because the project itself lacks good usage or working prototype that will create demand for it.
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Princeofpoetry
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PUGG.io
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August 04, 2020, 05:26:48 AM |
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Maybe you got into some scam project that already planing and using bounty hutter like that. They are the worst and you should know better when to join in scam bounty because you're helping them trick other people too.
True, this should be anticipated to promote the project scam, after the release in the market dump ensued and then left by the owner. Choose a bounty that has the potential to succeed.
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