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Author Topic: BOUNTY HUNTERS: THE CARRIER OF ALL BLAMES IN NEW CRYPTO PROJECTS' PRICE DUMP  (Read 569 times)
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September 28, 2020, 03:13:50 PM
Merited by suchmoon (4), suzanne5223 (4), Halab (2), nutildah (1), CryptopreneurBrainboss (1)
 #1

It has been the usual practice of the investors to attribute the faults and blame of a new project price dump to the bounty hunters. These set of investors fail to look at many factors which are responsible for such price dump in the handling of the project by both the investors and the project teams.

- Statements of the Project's Objectives:- The purpose a project will serve determines the kind of investors the project will attract and how much they will be willing to invest in it.

- The kind and skills of the team employed to help in the project development.

- The methods of fund raising:- This determines if the expected target income in the IEO or ICO for the project development will be met or not.

- High quantity of bonus to the investors:- Many projects are already devalued by the quantity of bonuses given to attract investors. Most of these investors sell at any price below the IEO/ICO price inasmuch they've made a little sum of profit. But the bounty hunters are the ones blamed for it.

- Hasty Listing on exchange:- Most projects projects hastily get their token listed on exchange without creating the platform that will make use of the Token. This brings about lack of volume and thereby render it valueless at a certain point.

- The exchange selected for listing:- Most projects because of hasty get their projects listed on exchanges known with fake volumes which most of the time end up crashing the price as supply always exceeds demand abundantly on such exchanges.

- Greed by the investors:- In a lot of cases, when a token has been listed on exchanges before the bounty distribution, the news of bounty distribution heightens the greed in some investor. They believe all hunters are dreamless and sell for whatever they can get for bread. These set of investors usually tagged the strong hand start bidding ridiculously low prices just to take cheap advantage of the hunters.
This act drags the price down in such situation, the team are expected to come in rescue of the project buy providing liquidity which they mostly don't do, may be because of lack of fund to do so, or because of overconfidence of bringing things back to normal.

The success of a project depends largely on the team. They should do their job and the investors and the strong hands should also tame their greed and stop badnaming the bounty hunters.

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September 28, 2020, 03:29:10 PM
Merited by suchmoon (4)
 #2

Well, someone always has to take the blame and in this case bounty hunters fall in line as a scape goat. When projects are very successful, project devs always want to take credit and glory, but whenever a project fails and a token dumps, they shift the blame to bounty hunters and marketers which is wrong and cruel.

It will continue to remain this way so as a bounty hunter, do your own research and always join credible bounty campaign
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September 28, 2020, 03:32:13 PM
 #3

Yes bounty hunters are blamed always because lets say 20 or 30% of hunters go to sell as soon as they receive reward tokens and we have to accept the fact that if there are a lot of sellers at a time price will dump so no need to be defensive or appologetic.
Infact it is the duty of the project to list at good exchange with high volume because the higher the liquidity there will be lesser dump from hunters selling.

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September 28, 2020, 03:44:15 PM
 #4



It will continue to remain this way so as a bounty hunter, do your own research and always join credible bounty campaign

Those who are blaming bounty hunters are preparing to scam people, people should know this, legit projects will never blame bounty hunters in fact they are rewarding these bounty hunters handsomely, those projects that are giving pennies and into blaming games are a sure sign of scammers so you'll know what to look on a project.

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September 28, 2020, 05:16:54 PM
 #5

Project pay very small amounts of rewards from the total supply. How that little money takes so much effect on a project price. If that project thinks that value will be down then why don't they just pay hunters with some other stable coin like USDT, DAI, etc Then they don't have to worry about anything? They won't do that either. That is not right to blame hunters.

They are just using this as excuse but in reality there are people that also selling not only bounty hunters blaming them will not change anything. Why not pay them in other crypto currency or open a campaign that pay in bitcoin instead of your own tokens as payment in that case you will not be afraid that hunters will sell the tokens if the payment you hive to them is btc . They are just afraid to use thier own money for payment to advertiser .

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September 28, 2020, 05:36:41 PM
 #6

Bounty hunters aren't to be blamed for anything, if the price a token or coin goes down in the market, the people to be blamed are the owners of the provide, if they have planned their project well, bounty hunters selling their tokens shouldnt affect the project but even if it does, it should be for a little while.

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September 28, 2020, 05:49:08 PM
Merited by CryptopreneurBrainboss (1)
 #7

Most of these happen because the projects are rushed - and they're rushed for a reason: for the coin creators to make money.

If a project wants to be successful, it does not need shit exchanges and hype. All it needs is to be a legit project with a legit vision people enjoy and want to support. But nowadays, unfortunately, most coins get a pump even from the crappiest exchange listing they get. Even Binance listing your coin does not make it better in any way. It should be the coin's tech that is unique and progressing - not all about listings and how much bonus you give to your supporters.

Bounty hunters? They are to be blamed as well, because they are the ones supporting these scams. If all bounty hunters would've properly researched a project before joining instead of rushing in and desperately trying to get rich out of nothing by joining literally every single bounty out there, they would've not only been much better off but the image alts have gotten would've been much better right now.

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September 28, 2020, 05:51:20 PM
 #8

It has been the usual practice of the investors to attribute the faults and blame of a new project price dump to the bounty hunters. These set of investors fail to look at many factors which are responsible for such price dump in the handling of the project by both the investors and the project teams.

snip

The success of a project depends largely on the team. They should do their job and the investors and the strong hands should also tame their greed and stop badnaming the bounty hunters.
I agree but that is just human nature, for example investors are not going to blame themselves for investing in a bad project, after all that will require to own their mistakes and they are not going to do that, and believe or not they are not going to blame the developers either because if they did then they will have to admit they made a mistake by choosing that project and they cannot have that, so who is left to blame? The exchange? For the most part exchanges just list coins, so the only group left to try to blame are bounty hunters even if their influence is minimal when it comes to the long term fate of a project.



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September 28, 2020, 06:03:50 PM
 #9

Can't really blame them to act like that since they are investing their money and we're just bounty hunters. IMO we are partly responsible for the project's price dump, since most hunters (not all) after receiving the bounty reward, they will immediately sell the token and this has been the practice for how many years.

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September 28, 2020, 06:13:15 PM
 #10

It is the reward rightfullly earned by the bounty hunters. They have performed the tasks posted every day and every week and that continues for months.
So just like freelancing the bounty hunters earn for the tasks performed and it is their right to receive the reward tokens, if anyone is scared about bounty hunters dumping then they should pay bounty hunters in equivalent usdt or other stablecoins.
You just cannot stop bounty hunters from selling, if they want to just like you cannot stop investors in doing so.

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September 28, 2020, 06:24:56 PM
 #11

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.

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September 28, 2020, 08:50:14 PM
 #12

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.

those projects that are blaming hunters because of price drop are just looking for someone to blame but they may be the reason at the start but it should not be the reason of their fall. remember the amount allocated to these bounty program is nothing compared to how much is owned by the team or the investors. and sometimes there is price drop even if the hunters havent received their share yet. so how come it is dropping when it is not yet on the hands of these hunters? just admit that the project is just one big crap trying to screw money from the buyers.


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September 28, 2020, 10:36:45 PM
 #13

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.
It's not all of hunters will always sell their bags to the market and that's the true story.

In another case, some hunters even adding more money to buy such tokens to be used as their long term investment and this story is also a true story

The dump is caused by the developers can't make the investors feel confident with the project as lack of update, no more exchange listing, lack of communication and various reasons that could be the main reason why the price dump was happening before.

The hunters who have invested their money will also sell that when those things happened.
It's not the fault of hunters.

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September 28, 2020, 10:50:38 PM
 #14

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.

but, the fact a lot of project need bounty hunters to spread the words about any kind of cryptocurrency project right ?
wich mean blaming a bounty hunters because the price dump isn't reasonable reason, because not all bouty hunters will dump their rewards

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September 28, 2020, 11:02:46 PM
 #15

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.

but, the fact a lot of project need bounty hunters to spread the words about any kind of cryptocurrency project right ?
wich mean blaming a bounty hunters because the price dump isn't reasonable reason, because not all bouty hunters will dump their rewards
of course there are many good projects that use the bounty campaign strategy to let many people know about the projects that are being developed because at this time this is what will make all projects become a lot of enthusiasts or buyers, but with this the developer must have another strategy to distribute coins. key first or gradually so that it won't make the price of the coin on the exchange quickly collapse.


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September 28, 2020, 11:05:40 PM
 #16

I oppose the usual practice or statement of some investors/project team blaming bounty hunters for the reason behind the dump in the price of their coin while the total allocated token/coins for bounty is not enough to affect the price of the newly listed project if the project team are competent in their line of duties and we have seen a lot of projects proven that bounty hunter coins shouldn't be considered as the reason behind the dump in price of new project after bounty payment, by paying bounty hunters for their work while they open another rounds of their bounty campaign and their crypto will still maintain a good price in the market.

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September 28, 2020, 11:13:51 PM
 #17

I think it happened previously, now everybody has been smarter enough to know which statement is true. It is getting rarely seeing that an investor blamed hunters because of the dump in price. Most of us are already aware of the hunters have no power to dump the price, especially dumping in a long period. Once the dump in price, mostly it's something happening in the interest to buy the coin. It can be the wrong place to list the coin, the wrong strategy to promote the coin, bad issues related to the team or the project itself, or caused by the drop in Bitcoin price.

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September 28, 2020, 11:16:59 PM
 #18

bounty hunters work behind the scenes, teams & developers are at the heart of a project's success. we as bounty hunters can only operate a project advertisement through this forum. but I don't agree if bounty hunters become a big problem or cause the project's coin price to drop. I also don't think that if every bounty hunter sells them all, I think some will keep project coins after getting them.

but, the fact a lot of project need bounty hunters to spread the words about any kind of cryptocurrency project right ?
wich mean blaming a bounty hunters because the price dump isn't reasonable reason, because not all bouty hunters will dump their rewards
Only those small investors are blaming the hunters and some of the hunters are also blaming other people, well this is a world where everyone hates if the market didn’t turn to what they want and will look for a people to blame. I’m a bounty hunter and I’m just doing my job, I sell when its the right time at no specific level or no specific instructions coming from the other hunters, learn to have your self control and ignore the haters.


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September 29, 2020, 08:42:05 AM
 #19

Well, we can't do anything about it. Bounty hunters are treated slaves and doesn't have any privilege in this forum so they will most likely be the blame for the market dump. Though this is a fact in some ways because usually, markets doesn't have large volumes at start to support the massive rewards of the bounty hunters so bounty hunters who dumps have an impact in the market, and there's a lot of them.

Nonetheless, people are forgetting the fact that without promoters, investors wouldn't know their project in the first place.  

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September 29, 2020, 09:01:31 AM
 #20

If you want to find who is to blame, of course I personally prefer to the project team itself, who is to blame when there is a big dump, take a look at AirDrop UNI which gives so many $ to users, but what happens the price continues to increase, it's because of the Team strong and made not carelessly and certainly full of good planning.
the problem was that the new altcoin had a big dump. The team didn't really know what to do except get money fast from investors.
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