bunglor
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November 06, 2020, 09:11:10 AM |
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we all know that most of the bounties are scam or maybe a useless project and we can't blame the bounty hunters if they saw that the coin has a value after they receive it I think they just making sure that they will get a profit no matter what the price rather than a coin with no price or value at all.
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ahyadinnn
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November 06, 2020, 09:25:57 AM |
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no wonder the YOUC price dropped quite significantly because before the distribution for Bounty participants occurred, I saw YOUC daily volume in the market was quite low so that we can judge that there will be a fairly strong price decline when Bounty participants receive tokens.
True, the YOUC token price decline occurred before tokens for bounty participants were distributed and at that time the requests and offers in several exchanges that had listed YOUC tokens were also very low and not commensurate. If the price decline has occurred before the delivery of tokens belonging to the bounty hunter, I don't think it is the bounty's fault, it means that the market volume is low, the team must add another market, which has high volume, because low volume is very easy to decrease prices and bounty allocations are very a lot, there will definitely be another decline
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zaim7413
Sr. Member
Offline
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
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November 06, 2020, 09:27:03 AM |
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Youengine has good team but non professionals, the thing that killed this project is lack of volume, even before the bounty distribution begins the price was going down already and the volume is way too low to handle the dumps from bounty hunters which caused the deep dive down.
A little correction from me if what caused the dumping of YOUC token prices was not the bounty participants because the bounty participants only sold the tokens they got from the campaign at the price asked by traders in the market, so in this case it is very unreasonable if you say "dump from bounty hunters who led to a deep dive "because the price of tokens had already dropped before distribution was made by the YOUC team.
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Dariusburst
Member
Offline
Activity: 182
Merit: 10
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November 06, 2020, 09:29:04 AM |
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I participated in the last round of this bounty project and I was able to make 26$ from the campaign, it's really not worth the effort but who am I to blame the team, they still fulfill their promise anyways, I've get to know that I still have alot to learn when it comes to choosing bounties, I guess I chose wrongly
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bakasabo
Legendary
Offline
Activity: 2478
Merit: 1213
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November 06, 2020, 09:46:09 AM |
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Youengine has good team but non professionals, the thing that killed this project is lack of volume, even before the bounty distribution begins the price was going down already and the volume is way too low to handle the dumps from bounty hunters which caused the deep dive down.
It is too early to speak about lack of professionalism of the team, as they haven not yet released their apps. Just wait till January-February 2021. It is easy to drop the price and start panic, when trading volume was around $1,000 daily. Buy $1,000 worth tokens and sell them cheap or for 1 sat and you will on the graph how the prices shows -999,99%
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soetikno
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November 06, 2020, 10:07:08 AM |
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In my opinion it should be implemented for the distribution of bounty hunters around 2-3 months gradually to continue to increase the value of tokens distributed, in my opinion other bounty managers should imitate the way Bubbalex managers distribute DIA and CTSI Tokens in three months.
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cheezcarls
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November 06, 2020, 10:35:19 AM |
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It’s not good to blame the bounty hunters for this. They have spent so much time and effort to promote the project and deserve to get rewarded. In my own opinion, I honestly think that bounty hunters are not the one who kills projects. There are several circumstances for that such as the team dumping all of their tokens and running away, not enough liquidity and trading volume, bear whales, etc.
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Botnake
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November 06, 2020, 10:36:57 AM |
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It’s not good to blame the bounty hunters for this. They have spent so much time and effort to promote the project and deserve to get rewarded. In my own opinion, I honestly think that bounty hunters are not the one who kills projects. There are several circumstances for that such as the team dumping all of their tokens and running away, not enough liquidity and trading volume, bear whales, etc.
Exactly, blame it to the team who are running the project, they have the right to give a small reward so it will not affect the project in case the bounty hunters will dump. The dump really hurt the bounty hunters as in the first place that is their salary, and they get it after the job is done so they have the right to sell everything they have to enjoy the reward.
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fosco333
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November 06, 2020, 03:23:53 PM |
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Wow, from $10 to $0.35 is clearly not a good sign for a project, but i think it was not because bounty hunters. Bounty hunters just want their works be paid off by selling the token reward. Actually, the price of the coin can be helped by the team efforts like buyback, listing on good exchanges, etc, and of course it needs more money.
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Xxmodded
Sr. Member
Offline
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
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November 06, 2020, 03:36:40 PM |
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What wrong with you buddy, how your logical mind think bounty hunter as killer for real project, check how many percent allocated for bounty campaign particiants. Almost bounty campaign running just giving about 2% from coin supply, does crazy people believe with your word? how come little coin supply could make coin dump and have kill real project. You need to know about coin allocated from some ICO project, check how much for investor and how many percent for team and developer, the owner and team have more than 60% coin allocated and they exactly kill the project.
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Guryon_master
Member
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Activity: 384
Merit: 12
Student Coin
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November 06, 2020, 03:54:37 PM |
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I don't think all bounty hunters deserve all the blame. Just bear in mind that the team knows what's best to their project and if they are not sure that their projects is already in a good position why distribution for the bounty payment should be done. The all have the right to change the payment into ethereum if they want to protect the price of the coin. I mean the one who holds full control is not the bounty hunters but the team.
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KaratX
Member
Offline
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
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November 06, 2020, 03:56:52 PM |
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Wow, from $10 to $0.35 is clearly not a good sign for a project, but i think it was not because bounty hunters. Bounty hunters just want their works be paid off by selling the token reward. Actually, the price of the coin can be helped by the team efforts like buyback, listing on good exchanges, etc, and of course it needs more money.
I can see that you are here for posts count making, you can't even read before posting, YoUC token was never at 10$ per one, the start price was 0.10$, please try to read first before posting and how do you expect a project that failed to raise enough money to buy back their token? Doesn't make any sense
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KaratX
Member
Offline
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
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November 06, 2020, 03:58:21 PM |
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The team should have ignore every small exchanges for IEO because the project use case isn't new in crypto space, many lose money to projects like Youengine before, watching videos and making money isn't new in this space at all, if they used top exchange for fundraising the result would be different by now.
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Kezacky
Member
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Activity: 746
Merit: 10
https://axiomapay.com/
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November 06, 2020, 05:57:21 PM |
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I am still waiting and not throwing away our tokens on the first day, because holding them will mean more money for us in the future, but you are not making a good impression selling at current prices. I personally still believe that this project has high hopes for the future. the team is working hard to upgrade their project to be successful in the market. especially the Dapp plan in 2021 and the top exchanges but not yet named.
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Strotman
Member
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Activity: 588
Merit: 10
Bounty Detective
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November 07, 2020, 07:47:27 PM |
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This topic haunts many of us)) For representatives of the project, it is very convenient to find extreme ones in the fact that the price of the coin has fallen. They can't say that it was done by them or their environment, it's easier to blame us
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MishaSER
Full Member
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Activity: 1050
Merit: 103
BIB Exchange
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November 07, 2020, 08:09:13 PM |
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The project had 4 rounds, if you participated in all companies with the rank of full member, you would receive about 200k token. At 0.05 usdt this is a huge amount, the expected scenario.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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November 07, 2020, 08:49:08 PM Last edit: November 09, 2020, 11:24:19 PM by seleme |
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Quite natural, the bounty hunter receives a free token and he doesn't invest a penny for the promoted project. Some naive people think bounty hunters are not going to sell and HODL with believing the future success of the project which they have promoted. In the real crypto trading world, things work differently and they will dump immediately after the first news about listing on the exchanges. The bounty tokens are worthless for the mentioned reasons, there is no need to advocate the bounty hunters for their own mistakes. The hunters have to think many times before joining any bounty campaign.
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Slingshot
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November 07, 2020, 10:56:42 PM |
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I will never accept this, sometimes project owners dumps it before distributing to bounty hunters So do not accuse hunters and some project will list on an exchange without volumes which isn't good at all. I have seen projects that bounty didn't shake their tokens on the Exchange.
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StreakW
Full Member
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Activity: 1238
Merit: 109
Buzz App - Spin wheel, farm rewards
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November 07, 2020, 11:04:07 PM |
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Of course, Not, bounty hunters do not kill the project, because the reward pool for bounties only a very small amount when compared to the total supply. Even if all bounty hunters sells the token will not give a big impact. Stop using Youengine as an example it's so different and rarely project give a huge reward as same as the Youengine project. So with the Youengine case the problem in the team is not in bounty hunters
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chanler
Member
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Activity: 753
Merit: 15
mulierum.com
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November 07, 2020, 11:15:47 PM |
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Who planned all of this? Bounty hunters? No, the team projects. I don't think bounty hunters to blame in this case. If the bounty hunters want to sell their tokens, it is their right. For me, who makes a mistake is the team of Youengine. They make too many rounds of the bounty program. And they also allocate too many tokens for the bounty. Even worse, they distributed the payment of the bounty program in a bad way. They should distribute it like the distribution of DIA bounty rewards done by bubbalex. The dump is real but not so severely like YOUC because the distribution is divided into some phases.
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