b1boy
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November 02, 2020, 06:35:29 AM |
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I hate it when bounty hunters like us comes here and say we are the ones dumping the tokens... when we know that most bounty project are only 0.1% of the project is reserved for the bounty and i dont know how would after the price because even if all bounty hunters sell at once i dont think that would after the price much
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New_order
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November 02, 2020, 06:56:56 AM |
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1. Youengine has too low volume, lesser people are buying 2. The team made a very big mistake by giving out many tokens. 3. The listed exchanges are very bad, p2pb2b, tokpie, coinbene
So tell me who is to be blame here? The team or the promoters who got paid for promoting the project? And now there are still many tokens on bounty spreadsheet that aren't send out yet, this means more dumps will happen
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Fivestar4everMVP
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November 02, 2020, 08:06:07 AM |
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Things like this happen mate, you don't have to blame bounty hunters cus they are just trying to get paid for their hard work just like the investors try to get paid from their investments. I've also seen projects where investors dump the coin or tokens to the extent that when the bounty get distributed, theres no way to sell.
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iv4n
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November 02, 2020, 08:21:35 AM |
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Well if the project is bad it's bad! It's the thing with many tokens/coins, they are worthless in the beginning, the team can promise you anything, but before it hits the markets the value is zero! I will explain on this example: By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$
Basically you could put a sell order for your 307 at $10, which is around $0.032 per token! But that order wouldn't be executed, nobody is buying, so sellers are creating lower and lower orders... you can't blame the hunters because most hunters didn't sell, they have worthless tokens! If the project is good, investors would hold, hunters even if dump can't hurt the price because on bounties never goes more than 5% of the supply! I think next time you need to choose a better bounty, some that can last and develop, not in the ones that promise miracles.
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supine
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November 02, 2020, 08:30:28 AM |
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We couldn't really blame them because they are just securing their income and to be honest I think it isn't just the bounty hunters that dump it. Maybe some of their team members are also part of the dump who knows maybe their team members are also paid with their token just like the bounty hunters.
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mekar sari
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November 02, 2020, 09:01:27 AM |
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It is normal for YOUC price in the market to go down because I had time to research YOUC in the market before the bounty distribution started the prices were quite high in the market but there is something odd that YOUC enthusiasts are very few in the market buy wall very small even bigger sell rather than buying The point of all this is that if YOUC enthusiasts are high in the market, the YOUC price will certainly be stable even though all bounty hunters keep sell the best course in this matter remains hold until the roadmap is complete
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jcarlo
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November 02, 2020, 12:14:19 PM |
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Dumping after a project launched/listed on any exchange is quite common. We cant blame bounty hunters for it. Because not only bounty hunters have the coins. The investor who bought it, the team it self can dumped the coin. The reserve coin for bounty usually 5% from total supply. So 5% can makes the prices go down?
Campaign allocation is sometimes a dilemma for bounty hunters and teams, because if the allocation of tokens for a large bounty campaign can cause prices to drop due to the dump factor, but for bounty hunters if the campaign allocation is small, the interest of hunters to participate is quite a bit while the bounty campaign can be an alternative to introduce new projects to investors
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dimonstration
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November 02, 2020, 12:25:46 PM |
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Things like this happen mate, you don't have to blame bounty hunters cus they are just trying to get paid for their hard work just like the investors try to get paid from their investments. I've also seen projects where investors dump the coin or tokens to the extent that when the bounty get distributed, theres no way to sell.
Investors who buy at presale tends to get a big discount and when the project got listed they have the chance to sell it at higher price then since bounty distribution always been delay and sometimes not even distributed properly, bounty hunters have no way to really earn in selling their coins. It's not like before in 2017 that bounty payments are high, these days it takes more efforts and waiting to really earn from bounty so there's no way it's because of bounty hunters that kills the project.
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leea-1334
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November 02, 2020, 12:42:52 PM |
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Actually distributing all the prizes directly is not a mistake as long as the team has made preparations and buy back the coins, unfortunately the team did not think about it, so this is not the fault of the bounty hunter, Gradually distributing is not a bad idea, but it would be dangerous if suddenly the team leaves and the project becomes a scam.
Even so,,, many buyback programs failed because there was not enough cash or even liquidity. Buy back has to be programmed into the project by terms of smart contract, so that means also programming a locked liquidity in cash (or bitcoin or ETH) and not many projects are willing or even able to do that without a big amount of capital raised.
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Atang Sulaeman
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November 02, 2020, 01:38:56 PM |
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I do not agree with your opinion, the distribution for the hunters is not much of what is spent on sales, maybe people who have a lot of coins are playing with it at market prices, bounty hunters only sell it for fiat money after getting their reward. and do not be one-sided to judge it.
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bitcoin31
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November 02, 2020, 02:01:23 PM |
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It their tokens or coins so it depends to them if they want to sell that or not, yes it is cause also why the dumping of the coins is because the bounty hunters sell their stake once they get it . I saw before a campaign to prevent that is they did not send the rewards all but they dvided it so it will less the chances of the dumping of their coinw which is is really good for the investors and for them..
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Renampun
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November 02, 2020, 02:27:07 PM |
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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'm more sure that early investors caused the price of a coin 'Dump'... as you said that hunters only receive a small share of the coin circulation so it definitely won't have a big impact on the price. believe me, that hunters are not the main cause of a coin 'dump'.
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ice18
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November 02, 2020, 02:44:16 PM |
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This is normal especially if reward is really big Man its $3m bounty reward and the tokens distributed is still in small portion and already dump this will definitely cannot sustain the sell volume look at the exchanges they are not large volume exchanges like Binance and Kucoin or Kraken even Uniswap has no liquidity which the owner did not put any liquidity I advise wait for the right time to recover and to sell if you are new to bounty then its a normal thing.
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kenelmark
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November 02, 2020, 02:45:01 PM |
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I do not agree with your opinion, the distribution for the hunters is not much of what is spent on sales, maybe people who have a lot of coins are playing with it at market prices, bounty hunters only sell it for fiat money after getting their reward. and do not be one-sided to judge it.
True, in this case we need to judge from several parties, because basically the hunters only get a very small amount of tokens, so that if they immediately sell them it will not really affect the price of tokens in the market, and each bounty has an allocation that is not so much if we compare it to that of the team and early investors.
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(o)(o)ilikeboobs(o)(o)
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November 02, 2020, 02:48:15 PM |
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Bounty hunters destroying projects? I think projects themselves are the problem. They don't make a good product and they can't generate demand from users, that's the problem. Their hunters only do what belongs to them, selling tokens to recover the money they deserve. It is the effort they put into working. To keep project value and anti-dumping, the bounty project manager and project owner should plan to provide some tokens available in the market chronologically. Another thing is that bounty programs anticipate the risk of hunters dumping, so they cannot be blamed entirely on bounty hunters.
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molsewid
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November 02, 2020, 03:06:47 PM |
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I guess the bounty hunters really help the project in the promotion part. These projects allocating their own token in their bounty must be ready to buy their token in exchange to prevent losing the token's value. The only problem is even the team or investors before didn't want to buy these token even if the token's value is too low.
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Yamifoud
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November 02, 2020, 03:09:03 PM |
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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 have to agree with this. The fact that only a small proportion that every bounty hunters have to receive it doesn't affect its trading price. Hunters are away from this issue, but the reason why the situation goes like that is because the developers don't care about their project and they let things to happen. They are throwing the blame to hunters which is not the case that brought it. Unlesss, if these hunters holding the majority of their fund but they're not and that only a wrong allegations.
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Quintrix
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November 02, 2020, 03:14:39 PM |
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This has been the case for a long time people blaming bounty hunters again and again because the price is sliding, if the price is going to slide then let it slide it will eventually recover if the developers are dedicated on developing the platform and completing the road map, the price depends so much on the development of the project, which the bounty hunters have nothing to do.
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Byakuga
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November 02, 2020, 04:42:36 PM |
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YOUC Token team gave up 3 Million dollars worth of tokens to bounty hunters and you expect them to hold? Why would they hold when the reward is already so good? The fault is on the project team, the bounty allocation is way too high, moreover they never meet any hardcap, I'm not even sure they raise any more through IEO
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Mandarava
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November 02, 2020, 04:45:30 PM |
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Sorry, I have a question. Is this youcash currency linked to the yobit exchange? I was just a little strained by the similarity of the first syllables. If in fact this currency is associated with this exchange, then I am not at all surprised that the price of this coin has fallen into the abyss. This exchange has never won me trust.
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