I guess bounty hunters really kill projects

[Reatim]

Bounty hunters are in two kinds.

- Hunter that only participate just to get reward and care nothing about the project at all.

- Hunter that investing not only His time to participate in campaigns but also investing His money to support and believe the project.

the First one after getting the rewards will automatically dump the coins.


the other one will stay supporting until the Price stabilized or even wait longer to look for Pump.

[Irdina]

that's what happens when the token has been distributed, all the bounty hunters will throw away their tokens, no matter the low price, the price will drop dramatically. And in my opinion the next 2 months will experience development, the price will start to rise again.

[Lrshohag]

Bouty hunter is not the main issue for dumping token price. If project owner want thay can take many many action to stable the price. They can pay btc or eth also can buy huge amount in this period. Also can distribute it periodically.

[kasakola]

I think the main reason for running away from a project is how the project is supposed to run ieo, and it can also run away because Jodi doesn't succeed well. You see Jodi Bounty P2P this is also a good project but they have no volume but now it is a bit better ,,,p2p is recovering very fast, now people understand,,,,

[Lintel]

It is no surprise that dumping comes often when the project was just recently launched. And dump is being done by almost everyone who have bought the project, who made the project, who participated with the project. It's a combination of all those people who holds the token. But mostly, it's caused by the whales who are holding those tokens. This is becoming the norm for the newly launched projects, you become late to sell it then you'll miss the higher price that you should about to sell it. Also, check how much is the percentage of tokens from the total supply of the project is allocated to that bounty to think that the dump is caused by bounty hunters.

Very well said. It's not really true that the dump is only caused by bounty hunters to think that the percentage given to the bounty hunters is just little to really affect the price . It really do think  its from the whales who are holding big amount of tokens and sell them right away to avail the higher price.

[Samayuki]

The real use case of Youengine have even launch yet and the token is already recovering very fast, a round of applause for Youengine project, it's shows that it's not for show or pump and dump, the team can be trusted because they are hardworking already, once the launch goes life the token will worth more

[cassavachips]

How could that not be a big dump? They held a 4 round bounty campaign with a sizable allocation and distributed them simultaneously. This will not happen if they are already listed on a large exchange with good trading volume.

Is it wrong for bounty hunters to sell their tokens? I do not think so. It's just that they are impatient because they are willing to sell their tokens cheaply. With a casual exchange and now that their price is recovering, it's a good achievement.

[vlast01]

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?

Bounty hunters do contribute on these pump and dump of tokens but the dumping of token are not solely made by bounty hunters, Most of these dumping and pumping process are made by a bigger group which do really has the control on the market. As you know the one that holds the mist number of such tokens will have a better control on the market if these person/campany/organization plan to raise the value of such tokens one group will do the selling/dumping and the other will do the buying/pumping  and while doing these process they make the advertisement and different way to gain popularity to public and soon recognized and as the popularity arises more people will do the pumping and dumping. And when the price of such tokens have reach the planed peak the organization will dump a huge amount of such token to gain profit while other people are pumping/buying of such tokens. So the sudden dump of huge amount of token will really hit the market and will cause a huge drop on the price.

[Jackl87]

The reason bounties exist in the first place is to generate attention for a project and by doing this to recruit additional investor for the project.
That's why there are still a lot of projects that are doing bounties in the first place, if they would be harmful to a project than there would be no bounties.
To have an positive impact, projects need to think about the metrics of a bounty. If you give away 5% or more of the total token circulation which can be sold on the day at listing than it is pretty obvious that this will hurt your project or at least the shortterm price of your token.

[Insomnia family]

if a new coin is first listed on an exchange then It's no wonder bounty hunters will ditch this after entering the market for some reason. but after I saw that some Exchanges that listed YOUcash  were not convincing, the trading volume was unstable even the sell orders were very low.

[Davian144]

that's what happens when the token has been distributed, all the bounty hunters will throw away their tokens, no matter the low price, the price will drop dramatically. And in my opinion the next 2 months will experience development, the price will start to rise again.

The price will indeed go up slightly after a lot of decreases have occurred when the bounty reward has been distributed, but we also need to pay attention to the volume of purchase requests on several exchanges as well as at certain prices, if that is not much, then the possibility of going down again will still be very easy to happen.

[MiningBattalion]

YOUC is recovering very fast, now people will understand that it's not bounty hunters that kills projects, it's lack of team hard work that kills projects, YouEngine team are very hard-working and they know what they re doing after all, I'm happy for YOUC token, it looks like 0.01$ is a possibility

YOUC project is massive supply of token to the bounty hunters.At the beginning of token distribution,the hunters made huge selling orders in listed exchage and reduced the token value to 75 percentage below.Now the price is started to increase again.So hold your YOUC .

[mezzaluna]

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.

Maybe they are just hyping the YOUC token so that they are launching out big token allocations for Bounty Hunters. With that in mind, we can still conclude that its not the Bounty Hunters fault since the developers allocated that number and they really needed a lot of people that will be campaigning for them and having a low volume would not really help the value increase. They should back it up by some good platform if they really wanted the price to go up.

[dr.cheema]

I am Not agree with you because many projects started bounty campaign and bounty hunters sell their tokens or not their choice.
If you say, if hunters sell tokens then price will go down then you are wrong, scam projects just sell their team tokens and team blame on hunters.
If really bounty hunters kill projects then projects should not start any kind of bounty. 

[MishaSER]

Bounty hunters are in two kinds.

- Hunter that only participate just to get reward and care nothing about the project at all.

- Hunter that investing not only His time to participate in campaigns but also investing His money to support and believe the project.

the First one after getting the rewards will automatically dump the coins.


the other one will stay supporting until the Price stabilized or even wait longer to look for Pump.

I have 2 years of experience, I always had to sell my tokens, they rarely returned to their original price.

[best123]

Your analysis are wrong. I participated in that project, the price was already $0.006 before the distribution started. As at today the price is at $0.0075. I still have thousands of it. In most cases, the team always distributes the token to bounty hunters when they are done with the project. I have been hunting for 3 year. I have wealth of experience in the business. Hunters contributes to the fail in price but they are not the major cause.
You know that you will pay them, which modalities did you put in place to absolve their token? The law of demand and supply must take it's due place. So don't heap the blame on bounty hunters.

[MishaSER]

I have 2 years of experience, I always had to sell my tokens, they rarely returned to their original price.

Tokens that are not further developed by the team itself will clearly never return to their base price and such tokens are very viable for sale and should not be held for long, but for tokens that are already popular and often in the top 10 , they will always come back at their original price and may even skip the bottom price.

Yes, you are right, but we know that coins / tokens in the top 10 cannot be obtained for the reward program. Maybe this is in the past, but now it is practically unrealistic.

[odukoyaewatomi27]

The accomplishment of the project in a long term is in the possession of the developers, the market simply respond on how a project is being developed. In the event that I see a project with good development and platform I will have a second thought about selling my tokens. For what reason should I, when in a few years the coin/token could be worth multiple times of the current price.

[harapan]

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?

Hunters sell the tokens they get but the market demand is very little, which is what makes the token dump
but if the hunter sells tokens but the demand on the market is large, there will be no big dump, it can even increase the volume and will slowly push the token pump

[optimisticcm]

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?

Blaiming bounty hunters is the easiest thing to do but it is the responsibility of the project and team to strategize so that dumps can be avoided. All good projects have high volumes and liquidity so impact of hunters selling is not much but if the token has low volume how you can even expect it not to dump when it will face selling pressure?