I guess bounty hunters really kill projects

[MishaSER]

I don't know whether to laugh at you or not because I was already thinking if the bounty hunter caused the dump or that killed the project, before you saw the volume on the exchange. I just saw YOUC volume and it is very small and only listing on fake volume/exchange

So it's natural that it's a dump
Look at this, if the volume is large there certainly won't be dump



For P2PB2B volumes don't need to be discussed because it's definitely a fake volume

This is ridiculous, I sold tokens on the Latoken exchange for $ 10 a couple of days ago, is this my sale displayed in the statistics?

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[ije07]

Well since I saw it, is it really true that the said bounty pay their participants in parts? Why don't they pay them one time in full? What is the logic behind it? Now many more questions are being created by such a method of paying bounty hunters. I never encountered such bizarre method of managing bounties. That would make participants dubious and not enthusiastic with the project.

That's , I heard they paid for it and a lot of bounty hunters said they got thousands of YOUcash tokens, this project ran for 4 rounds and at that time I wanted to join but I reconsidered for several reasons including long bounty duration. but to my surprise, they are already listed on the platform but the trading volume there is very low and I think the bounty hunters have been selling for a very low price.

[kindbtc]

Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it.
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?

It is common sense that when there will be large number of sellers especially when liquidity, volume or buying orders are low then expect huge dumps. Youc dump was also due to removal of 100k liquidity at uniswap so i think that if this liquidity comes back the price will moon.

[bocyaj]

Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it, I participated in youengine bounty campaign for about a week, although it lasted for quite a while,the bounty had about 4 rounds, the bounty ended about a week ago i guess and distribution of  "youcash" started, I received about 307 youcash tokens as shown below

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

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?

It's seems to be true.Some hunters use to convert to fiat with a couples of days from their payment.But the thing is,they should hold their payment tokens till it reach of maximum price.Or else the hunter will be the loser and not totally to the project.

[2tang]

For example, the DIA project, payments for it were divided into 3 tranches and before each payment to bounty hunters, the coin rate sank. But this happened before they got the coins, so what's the reason?)

Several projects have implemented a payment system gradually and some of these projects have managed to maintain their token price which is quite stable in the market, but there are also several projects that implement a gradual payments system such as the hdac and coinvest projects but there is still a drastic decline in market prices. After the tokens are distributed, in this case I am personally not sure if the bounty participants are completely guilty of the price reduction because if we count the number of tokens owned by the bounty participants, it is only a percentage of the total supply of tokens they sold when ICO or IEO happened.

[InwardContour]

A good team should have a plan before distributing bounty tokens, for instance setting a buy wall to buy up bounty tokens from those who will rush to sell upon receiving or release an update that will create some hype around the token during the distribution period, so that demand for the tokens will increase. Another aspect is that some team members take it as an opportunity to dump tokens after distribution to hunters, thereby blaming it on hunters. I can't really say for sure that hunters or team dump price after distribution, because it depends and sometimes some tokens do not dump after distribution.

[maruf01788]

It's common matter for all project. I think this dump is temporary And it's another chance for investors to buy in cheap price. Now you see YOUC again pump. But all project not Strong so some project are damaged. If team distribute several times, then their will be no effect in the market.

[pragna]

I personally think you are wrong as well as because do you know how much budget for bounty hunters? its only 2 or 3% of total budget so how you can say for market dumping bounty hunters are responsible? Yes bounty hunters sell their tokens as panic for very limited time but overall investors are responsible for it because they get dividends from team so they can sell tokens less then IEO price.

thanks.

[Rabi3]

It's common matter for all project. I think this dump is temporary And it's another chance for investors to buy in cheap price. Now you see YOUC again pump. But all project not Strong so some project are damaged. If team distribute several times, then their will be no effect in the market.

I don't think so, dumps cause more damage than the other factors. If the investors don't see an improvement on the project, they will join the bounty hunters who rush to dump the tokens on the first buy order. The reputation of the project decides to hold the price, otherwise, the market dump can be the reason for an exit scam which happened many times.

you're right, there are exit scams and investors who would join bounty hunters i think it's because when bounty hunters start dumping, it gives the investors a hint that their money is at risk so they rush and dump the token to reduce the loss they could get.

[KimmyF]

It's common matter for all project. I think this dump is temporary And it's another chance for investors to buy in cheap price. Now you see YOUC again pump. But all project not Strong so some project are damaged. If team distribute several times, then their will be no effect in the market.

I don't think so, dumps cause more damage than the other factors. If the investors don't see an improvement on the project, they will join the bounty hunters who rush to dump the tokens on the first buy order. The reputation of the project decides to hold the price, otherwise, the market dump can be the reason for an exit scam which happened many times.

you're right, there are exit scams and investors who would join bounty hunters i think it's because when bounty hunters start dumping, it gives the investors a hint that their money is at risk so they rush and dump the token to reduce the loss they could get.

Price recovery is a very easy work for any legitimate altcoins. Youengine is a very long time project, I think distribution should be made in 3 or more different times. The bounty budget was so many times high, I think recovering time will be longer. Youengine projects should list any good volume exchange. Investors will lose interest without the huge volume of this altcoins.

[Lordhermes]

Don't forget you said the project had ran 4 rounds of the campaign, what comes to your mind when something like that is been said, dump
Where exactly is yougine token is listed for trading, does the exchange much volume and liquidity, if no, what comes next, dump.
In case the token yougine has no use case, and are not yet to implement something different. What comes next, dump.
Bounty hunters aren't to be blamed at any given point in time, a job well done with rewards so it up to the project to provide liquidity to their token to maintain price stability.

[Rexler]

Since the project is still new to the market a dump on the coin was always going to happen, but aside from the  huge allocation that was given to the bounty hunters, the team made a huge mistake to list on those small exchanges, exchange like P2PB2B has been red flagged for having fake trade volume,would have been better they listed one top exchange than those small exchanges, also the trade volume for this youc token is pretty low, I don't know if its because it's still new to the market, let's give them some time and see how things turns out to be.

[Rengga Jati]

I personally think you are wrong as well as because do you know how much budget for bounty hunters? its only 2 or 3% of total budget -snip-

It is true, bounty hunters only have a very small number of the tokens. Commonly, the allocation is only around 0.5% - 1%, lower than you stated above. How they can dump the price for a long time? Furthermore, not all bounty hunters sell their tokens after the distribution happens. Some of them decide to hold or keep the tokens to dream of selling at a bigger price in the future. With this fact, OP shouldn't blame the bounty hunters for the dumping price of YOUC lately. Even if bounty hunters really sell their tokens, the dump won't last a long time.

[MishaSER]

It's common matter for all project. I think this dump is temporary And it's another chance for investors to buy in cheap price. Now you see YOUC again pump. But all project not Strong so some project are damaged. If team distribute several times, then their will be no effect in the market.

I don't think so, dumps cause more damage than the other factors. If the investors don't see an improvement on the project, they will join the bounty hunters who rush to dump the tokens on the first buy order. The reputation of the project decides to hold the price, otherwise, the market dump can be the reason for an exit scam which happened many times.

you're right, there are exit scams and investors who would join bounty hunters i think it's because when bounty hunters start dumping, it gives the investors a hint that their money is at risk so they rush and dump the token to reduce the loss they could get.

Whether investors will be able to get rid of their tokens, judging by the volume of sales, it is almost impossible. Now the problem is to sell 2,000 tokens at a normal price.

[Skadi360]

Yes in sorts of way, it help the project by spreading words about it and using its banner for more exposure and it helps the project a lot. But when the reward will come it will initially have an impact in the market especially when the bounty allocation is big, some of this effect results in killing the project.

[angrybirdy]

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?

A portion of the dump is from the bounty hunter, indeed, but the reason why its price dropped to the lowest, I don't think it is because of the bounty hunters. Just like you received, they also received only a small amount of bounty, do you really think that it is enough to dump the market?
And you should not expect bounty hunters to hold their bounties, they are participating in bounty campaigns to become loyal supporters, but only for bounties. It is common for them to sell it once they receive it.

[Fakhrulenclix]

Your example is not relevant, using youengine case for an example and say "bounty hunters really kill projects" So do you think every bounty kills the project?? lots of projects launched bounty campaign but the price of token keep increasing. The project not dead. The main reason is from project itself

And btw I think you don't know about youengine very well, the price keep recover by the time

[MishaSER]

The first is that the volume is too low, around a few thousand dollars a day. In addition, the token allocation for bounty hunters is quite large. In my opinion, the main thing is that the product has not been released yet, so the use of the YOUC token is still unclear.

Several thousand dollars? And this is already better, at least before that, they were sooooo small, perhaps a little by little trading volumes appear.

[cryptofirm]

The first is that the volume is too low, around a few thousand dollars a day. In addition, the token allocation for bounty hunters is quite large. In my opinion, the main thing is that the product has not been released yet, so the use of the YOUC token is still unclear.

but the price grow in good movements after reach the bottom price about $0.000564 USD in november 2
wich mean, the price now growing more than 15x time from the bottom price, and this is a good sign for Youc

[shinratensei_]

The first is that the volume is too low, around a few thousand dollars a day. In addition, the token allocation for bounty hunters is quite large. In my opinion, the main thing is that the product has not been released yet, so the use of the YOUC token is still unclear.

It's better if you were always checking the price of YOUC gradually before try to create any comment about that, the price has started to recover from the bottom price.
I have bought a few hundred thousands of YOUC when it was plunged to less than 0.003 and i got almost 2x ROI from there. It's very risky for me but i guess YOUC will break 1 cent very soon.
Less than 0.005 cents before YOUC will be touching 1 cents again.