I guess bounty hunters really kill projects

[WalkerIVIV]

You are lucky you get yours on October 28, I've not received any and I participate in first and second round of the bounty, it shows that the team are not sending the tokens out instantly, those who are able to get their first will be the lucky ones

I do agree with your statement. If you are seeing the market since last week and then the early receivers have sold their tokens at the decent price. That means they got more than what has gotten by people who received their token this day.
The distribution is still happening and there will be so many big holders from the participants that can make the market will be even worst than this time.
The volume is always become the main problem and it's not about the hunters.

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[Rowenta]

OP I suggest you sell your tokens, this YouEngine has few thousands of dollars as 24hours trading per day, that's big sign that people aren't buying, this is so bad and the price will dump more, the distribution is just getting started, those who received now are those with very few You cash tokens on spreadsheet, things will go bad if those with 12,000 Ycash to 300,000Ycash start dumping

[Novatech8]

Youengine team did a big mistake by giving out too many tokens for bounty allocation, I doubt this token will survive the dump once the full distribution commence, just because the max supply of your tokens is over billions doesn't mean bounty hunters deserves billions of tokens, what matters is the value not the quantities of token

[Mpamaegbu]

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?

This situation you just painted here isn't entirely true. I ain't saying you're lying but making a sweeping generalization is what isn't true. Except you're able to prove to us here that bounty hunters control more than 50% of the token share of any project. Most bounties don't even give more than 10% if their total token supply. I have seen devs and their teams dump their tokens (which is usually huge) on hunters as soon as tokens get listed. Sometimes teams deliberately list on exchanges that aren't popular so that before hunters can register on those exchanges and get through with basic KYC stuff, they would've dumped and scampered. Of course, I know hunters will normally dump at but the quantity of token dumps by hunters are usually infinitesimal. Again, what makes you think that investors who buy during ICOs don't dump to take early profits?

[meanwords]

I bet you are really pissed right now because this tokens you got became pretty much valueless overnight but you should have taken into account on who are the possible culprit instead of blaming it all to bounty hunters. If this project is killed just because of a temporary dump, then it's their fault, not the people who invested in it (Yes, bounty hunters are investors too since they invest their time).

If you really have faith in that project (Assuming you do since you hold instead of selling), then don't mind the temporary dump.

[Doranile432]

I've spend hours on this bounty project in the past and I saw something I don't like, the use case is very popular, meaning they have too many competitors in this space, secondly they tend to use small exchanges to raise fund, I challenged the team and they said they don't care about raising fund that they got the money. If it's true that they have money why no top exchanges?

[Doranile432]

It looks like the price will still dumps more because not even 50% of the bounty tokens is been sent out yet, they start distribution from the low earners to high earners, if you have the chance you should sell now or if you believe in the project you can sell some and hold some

[myjulie92]

The team should have make volumes and liquidity available for the project, why did they list on coinbene and p2pb2b exchange? What do you expect? If you think the project use case is good then hold, I can see that the team are planning to list on bigger exchange soon.

but why they didn't plan to list in the bigger or top exchanger directly in the first listing if they were a good projects ? they can make a good liquidity that made by the exchanger communities and traders.

[Kupid002]

Selling your share is not the way to kill a project it's your payment you are free to do what you to do to your salary.

If they don't want that to happen pay them in other currency instead of your tokens . They know it already that not all of hunters will their tokens once it's given to them so if you don't want to be effected eighter buy it from them or find other coins to buy them . That's easy solution for bounty you don't need to blame hunters always.

[tvplus006]

Teams allocate a small percentage of the total number of issued tokens to bounty programs. For this reason, bounty hunters cannot significantly change the price of the token. We also see dump and pump not only on new coins, but also on those where the pre-sale has long been over.

[hongchao123]

Bounty hunters make projects visible. It still cheaper than normal marketing. If they dump projects then project is shit and nobody truly believe in it

[acener]

So let me ask you a question do you think that hunters could move that price?
As a bounty hunter you should also know the allocation of the project do you think such small allocation for all the bounty hunters could really do it?
Don't you think it is the project itself? The price drops because they doesn't have a huge demand while there are so many holders that wish to sell their token.
Do you think that only the bounty hunters sold their share?
I think having a price drop is normal for every new project for me it is their trial if they could still continue or just let go and move on.

[JeotQ]

I started losing interest in this project when John McAfee become their look up to advisor but I don't want to rush, maybe the team are really serious? We don't know so let's wait and see what happens next, this dump might just be temporarily, If the team are serious the tokens will recover later

[Furryball]

I though this coins was 10 cents? Wow that's a big dump and the distribution is still on, it's left for the team to come up with something new and good to make the token recovers later, a good news is enough or listing on better exchanges, p2pb2b and coinbene are trash honestly

[kaseygriffin]

I though this coins was 10 cents? Wow that's a big dump and the distribution is still on, it's left for the team to come up with something new and good to make the token recovers later, a good news is enough or listing on better exchanges, p2pb2b and coinbene are trash honestly

Yes, with the large total supply that the project has outlined and they are distributing the bounty in a truly devaluing way. For such projects I think you should be more careful when joining to encounter current problems. Anyway, I think this project has a clear team, so I still have hope in the future to bring it back.

[Balladtony77]

The problem with this YouEngine bounty is they give out too many tokens to bounty hunters, the total max supply is 11 billion and they did four rounds of bounty campaigns which ain't necessary to be honest, they give away 7,500,000 tokens to bounty hunters, why? This is too much, it's not always about quantities of tokens but the value of the tokens, 500k is enough

[michellee]

By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$

You can say that bounty hunters really kill the projects are because you did not sell the token when the price can rise to $10. That is greedy because I guess you are waiting for another high price. You blame the bounty hunters because of that. But I don't think that the bounty hunters who can sell their token at that price will say the same because they made a big profit by selling at the highest price.

It is what happens in the crypto world, and it is a lesson for you to sell the token IF the price can touch the highest price, so you can buy back the token IF the token is worth to buy back. You don't need to hold your token if the token price can increase because that is a new token that can get dump anytime.

[Ryushin]

If you participate on Youengine it's wise to hold your tokens, look at what this project team are trying to achieve, this is a big project, their roadmap is very attracting and thy aren't wasting anytime at all, the team are very active and hardworking, to me the use case isn't just one and it makes sense, no matter how hard bounty hunters dump it will recover

[Adreman23]

I guess those bounty hunters  who also joined the campaign recieved  desame amount of tokens or lets say assume they recieved double amount of tokens compared to you but still 20 dollar is a very low  amount of money to sell because you will spend atleast 4 - 10 dollar worth of eth for gas transaction in order to sell, i think no, not the bounty hunters the reason of dump because same as you they will also not sell their  tokens for penny.

[Saisher]

I guess those bounty hunters  who also joined the campaign recieved  desame amount of tokens or lets say assume they recieved double amount of tokens compared to you but still 20 dollar is a very low  amount of money to sell because you will spend atleast 4 - 10 dollar worth of eth for gas transaction in order to sell, i think no, not the bounty hunters the reason of dump because same as you they will also not sell their  tokens for penny.

If I received $20 worth of token and I need to spend $3 or more I will just keep it if I see that the token has potential in the market, but if there's none I will just dump it even if I have to shell out $5 or $7 I prefer to have little amount than having my stakes go to zero, YOUC has a good potential in the market why not wait to get in more market, I'm sure devs will do that.