I guess bounty hunters really kill projects

[pungopete468]

I think most of them really wanted a secure profit since they know a lot of user will just sell their tokens immediately after receiving or after the listing. I've seen a lot of this before just imagine distributing a huge amount of token to participants and most of them will dump it once it is listed it would really dump the price of the token however if the project is good for long term then I think they just wasted that token.

[molsewid]

I've seen projects which suffered the same problem. I tried to buy coins before believing that the project is actually promising, the price actually rise and the value went good but all of a sudden because of hunters dumping their coins, its value went in its rock bottom, until now the price has not yet recovered. Bounty hunters benefit a lot from the project, this time I've seen projects how they regulate the distribution of stakes to avoid the effect on coins value.

This is the disadvantage of using their own token to promote their project. But I don't blame it on bounty hunters, you know why? The team should be ready in this situation because these bounty hunters want only to convert their token from the project, which is why they joined to earn. I think the team behind this project wants only to get investors' money and didn't really want to continue this project.

[Warkop]

You are misjudging, in my opinion this is not entirely the fault of the bounty hunters, because what I know for now is that bounty hunters have never received many tokens from the bounty campaign, maybe this dump could be the people who invested in the project and the team of the project. that is, because only investors and teams hold multiple tokens, not bounty hunters.

[pinggoki]

I think most of them really wanted a secure profit since they know a lot of user will just sell their tokens immediately after receiving or after the listing. I've seen a lot of this before just imagine distributing a huge amount of token to participants and most of them will dump it once it is listed it would really dump the price of the token however if the project is good for long term then I think they just wasted that token.

This is their decision to immediately sell their tokens after receiving it from a bounty campaign because they already want a secure profit and you can't blame them on their decisions because they just want an early profit in which they might sell it right away after receiving it, although it affects the price of the token because many participants of the bounty sell it right away before it is listed, we can't blame this bounty hunters because they just want an early profit.
Another thing is that the main reason why bounty is almost a dead projects because there are a lot of bounty hunters that are doing bounty campaigns and yet they are not receiving any payment or tokens from the project that they are working at.

[yurez]

I think nothing terrible has happened, some bounty hunters are ready to sell at any price and this is their right, since they honestly earned tokens and can do whatever they want with them.  We will see the real value of Youengine after the product launch in January 2021: YOUengine will not release MVP and will instead release fully functional end-to-end beta versions in a 5 city test Jan 2021.

https://youengine.com/blog/no-mvp-running-sprints-to-launch-beta-jan-15-2021/

[killerfrost]

I think nothing terrible has happened, some bounty hunters are ready to sell at any price and this is their right, since they honestly earned tokens and can do whatever they want with them.  We will see the real value of Youengine after the product launch in January 2021: YOUengine will not release MVP and will instead release fully functional end-to-end beta versions in a 5 city test Jan 2021.

https://youengine.com/blog/no-mvp-running-sprints-to-launch-beta-jan-15-2021/

That's right, this isn't particularly the case in the bonus space. From what I have been through, such projects will have programs like these to attract users, but when all their products are not ready, we cannot hope for value. of that token.

Agree that the project has shared a large number of tokens for the hunters, all of which will be proven if the project is still alive and active then we can still hope to get money from the project token.

[VDraci]

I rated the project as 50/100 because of its use case, there are many competitors already, now the problem is no good buyers, adoption rate is very low, the team need to come up with something new before it's too late, they made a hell of a mistake by using small exchanges to raise fund.

[bubbalex]

Price depends not only on bounty hunters, but on the team decisions too. IF you launch campaign with big budget, without lockups and your trading volume is quite low - hunters will dump the coin for sure, but you can make rules like three phase distribution, allocate small budget for campaign, open more markets, launch staking programs. In that case hunters will not change the price and this will good even for them, they will be able to sell on higher price.

[cryptoknightt]

Price depends not only on bounty hunters, but on the team decisions too. IF you launch campaign with big budget, without lockups and your trading volume is quite low - hunters will dump the coin for sure, but you can make rules like three phase distribution, allocate small budget for campaign, open more markets, launch staking programs. In that case hunters will not change the price and this will good even for them, they will be able to sell on higher price.

Ahh come on 0.5% -2% will not have too much impact on the market, are you sure when the bounty is distributed all hunters will sell directly? I mean are they waiting for their payment at the same time? I don't think so, this is an absurd reason why Hunters are being blamed for this condition.

[kingzpro]

The topic starter has talked about dump in youc which in my opinion is not the fault of bounty hunters.
The project looks good but it is a fact that there is no product yet and the volume is not there for the token which will result in dump when anyone will sell. So if the product is good and demand for the token increases in future im sure the price will recover so no need to panic from this sell off.

[icekohl]

Indeed it is only true for projects that spend a lot of tokens on bounty, (about 1-2% of total supply). But currently, projects have very limited bounty pools, almost unable to influence the project.

[sulendra12]

Indeed it is only true for projects that spend a lot of tokens on bounty, (about 1-2% of total supply). But currently, projects have very limited bounty pools, almost unable to influence the project.

The reality is even the bounty pool was really low around 1% - 2%, for some reasons the price could be dumped really hard in just a second by people selling their stuff in short span of time. In 2017, that thing was not really big of a deal because the team is really well-prepared of that shit happened and had a plan B to back up the price. But nowadays, the team seems don't really care that much about the price at all.

[Shakil29]

I also join rounds 3 and 4 in the YOUengine project. In this I will get about 11K tokens. At first the price was 7 cents per token. But its price is going down every day. It's not just Bounty Hunters' fault for dropping prices. Bounty Hunters will always want to sell their tokens at a higher price. In fact, YOUC tokens are not added to any large exchanger. There are not many investors. And if there is no investor, the price of token will go down anyway. Now if YOUC can be added to any big exchanger then maybe its price may go up.

[illnino]

No your perception is wrong bounty hunters worked on that project to it's success and it's their prerogative to sell dump or hodl their stakes and it should not be questioned, fact number one bounty hunters gets a small portion of the entire supply of the token 2% the lowest and 10% the highest, not only hunters can and will dump it other early investors who already realized their profit also can dump.
Second if the project has potential in the market and they have a good platform it will have no problem recovering from the dump.

I also do not have an idea HOW they can kill projects if they are the people, who do everything to advertise them? Yes, many bounty hunters simply kill their time doing this but it means they simply choose the tasks they cannot do well. That is it.

[restuibu]

I also join rounds 3 and 4 in the YOUengine project. In this I will get about 11K tokens. At first the price was 7 cents per token. But its price is going down every day. It's not just Bounty Hunters' fault for dropping prices. Bounty Hunters will always want to sell their tokens at a higher price. In fact, YOUC tokens are not added to any large exchanger. There are not many investors. And if there is no investor, the price of token will go down anyway. Now if YOUC can be added to any big exchanger then maybe its price may go up.

I read on Telegram that currently, they have no target for listing in a larger market because for the current month they are focused on the staking program, I also expect them to burn tokens to help stabilize the current price

[GrosWesh]

Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?

If you entered this campaign it means you believe (even a little) in the project, right?

I'd advise you to focus on mid/long term and ignore what is happening now.

A little personal story: last year I participated on this forum in a signature campaign. Then I received tokens. Their price collapsed when the bounty hunters sold (we should not forget that in some countries 50$ is a huge amount of money  ).

I sold as soon as it came up a bit and pocketed $300. 4 months later my tokens value was ... $16,000. (true story).

How about coming back to see us in 4 months?

[bttmember]

Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?

I know you have received your bounty tokens from youengine that are dumped and the value of your reward has gone down multifold but if you believe in the concept of the project and you think that it can make a difference then keep holding and if they deliver what they promised the price of their token will definitely increase.

[24Kt]

If you check very well concerning this YOUC token it does not have liquidity.  This is one of the main reason token dropped. If the developers really one to keep the price up they can cushion the effect.

If they don't have liquidity, so no one is believing on this project? Or even the team themselves don't want to provide their own liquidity? So something is wrong with this project. Don't expect that they will exist long if they are showing these signs early. Maybe, they don't want to spend funds to begin with.

[Kang TB]

If you check very well concerning this YOUC token it does not have liquidity.  This is one of the main reason token dropped. If the developers really one to keep the price up they can cushion the effect.

If they don't have liquidity, so no one is believing on this project? Or even the team themselves don't want to provide their own liquidity? So something is wrong with this project. Don't expect that they will exist long if they are showing these signs early. Maybe, they don't want to spend funds to begin with.

YOuEngine team should do something with their own project, if not without any interest from investors, this project will dead soon
and hopefully they already think about something to make their project better and touch the basic crowdsale price

[DabsPoorVersion]

There is no wonder that bounty hunters would dump this after it enters the market,

It has no liquidity and seems like they don't have any plan on listing on larger exchange. Also, I don't think that the reason for this dump is all because of bounty hunters, there's a high chance that the investors and the team itself sold their holdings together with the hunters.