bounceback
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December 08, 2020, 05:03:33 AM |
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There's no doubt that the dump must have been caused by bounty hunters because a whole lot of the tokens was distributed to hunters and since the bounty ran for four rounds, some persons would get so much more tokens and them dumping would affect the value of the token. In my opinion, the developers should be able to forsee and strategically distribute the tokens to reduce the impact of dumping.
dont be wrong, bounty allocation only less than 2 percents from total token even some of bounty campaign using fix token payment each weeks.if bounty hunter sell their reward it doesnt mean they dumped their token , dumped only happen if major token holders sell their token that caused by many reason. for example dev team didnt bring their project to reputable exchanges , and deliver useless product. Agree how come 25 allocation from coin supply could make price dump, never have any logic ideas how much supply allocation on developer hand and why ask them when coin dump. Why always bounty hunter said dump coin because 50% allocation on developer hand and only 2% on bounty reward, just imagine could 2% make coin dump? This bad opinion when any people said bounty hunter make coin dump how ever still have bounty distribution few phase not complicated with 100% for distribution. I think how trusted the owner keep hold their coin and never sell more if wanna see his coin not dump.
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culuuton
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December 08, 2020, 05:09:53 AM |
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Why always blame bounty hunters? can you tell why YOUC trade volume is low? even under 1btc trade volume in 24 hours. Actually, the project is not good enough that's why YOUC is down. Youc team made the budget of 4Million USD for bounty. I think the price totally depends on project. If the project is legit then no one can dump the price.
They always think of bounty hunters, this is everyone's habit when the price of a coin gets low. It is true that the project isn't good enough and the trading volume is too low, the YOUC price may drop quickly after a few sell orders.
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Botnake
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December 08, 2020, 10:38:54 AM |
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Why always blame bounty hunters? can you tell why YOUC trade volume is low? even under 1btc trade volume in 24 hours. Actually, the project is not good enough that's why YOUC is down. Youc team made the budget of 4Million USD for bounty. I think the price totally depends on project. If the project is legit then no one can dump the price.
They always think of bounty hunters, this is everyone's habit when the price of a coin gets low. It is true that the project isn't good enough and the trading volume is too low, the YOUC price may drop quickly after a few sell orders. The problem is the trading volume and you can't expect a good trading volume if the team choose to list the project in a shitty exchanges where bots are just manipulating the orders, that's not cool and most likely we will just see the price dump than even bounty hunters will hesitate to dump since the price is very low.
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iTradeChips
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December 08, 2020, 11:30:15 AM |
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Dont blame the bounty hunters, remember there are also private investors and investors in this YouEngine project. They might afraid so they sell at loss their tokens prior to bounty hunters dump. The secret to have a strong token is to have a strong buy wall that will prevent bounty hunters and fomo investors from dumping the coin.
I always find it funny that these users are always into the business of blaming the bounty participants for a coins failure and devaluation. There are many factors that we need to think of when it comes to a project failure. You always have to remember that a failure of a project not only rests on the shoulders of bounty hunters and signature campaign participants and the translators and all the others who work for the project. The project already anticipated such a move by the bounty hunters and have already made contingencies to avoid further crash.
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blckhawk
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December 08, 2020, 12:24:39 PM |
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There's no doubt that the dump must have been caused by bounty hunters because a whole lot of the tokens was distributed to hunters and since the bounty ran for four rounds, some persons would get so much more tokens and them dumping would affect the value of the token. In my opinion, the developers should be able to forsee and strategically distribute the tokens to reduce the impact of dumping.
dont be wrong, bounty allocation only less than 2 percents from total token even some of bounty campaign using fix token payment each weeks.if bounty hunter sell their reward it doesnt mean they dumped their token , dumped only happen if major token holders sell their token that caused by many reason. for example dev team didnt bring their project to reputable exchanges , and deliver useless product. You have a point bounty is not to blame here but rather those developers. I don't think a small fraction of that allocated tokens to bounty hunters would drastically dump the price of the value of a certain token. The one who should be blamed here is more likely the developers because they failed to maintain their projects. Besides, listing it on non-reputable exchanges could also a big factor knowing the fact that those platforms has low trading volume.
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cryptogod322
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December 08, 2020, 12:47:04 PM |
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This is indeed the case, therefore, many projects are already doing more rationally, they unlock tokens in stages, for example, Avalanche pay their bounty hunters 22% every quarter. This helps not to dump the price.
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erikoy
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December 08, 2020, 01:30:08 PM |
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Yes, bounty hunters are here to earn and whether you like it or not the receive rewards will be converted and will be dump. Usually bounty hunters do not believe in a project and they are hesitant to sell their rewards. This is the usual scenario and whether we like it or not this is the real scenario and actual which is happening. We can't force bounty hunters either to hold their rewards.
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kapalmabur
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December 08, 2020, 01:32:04 PM |
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Why always blame bounty hunters? can you tell why YOUC trade volume is low? even under 1btc trade volume in 24 hours. Actually, the project is not good enough that's why YOUC is down. Youc team made the budget of 4Million USD for bounty. I think the price totally depends on project. If the project is legit then no one can dump the price.
They always think of bounty hunters, this is everyone's habit when the price of a coin gets low. It is true that the project isn't good enough and the trading volume is too low, the YOUC price may drop quickly after a few sell orders. YOUC just needs time, reportedly this December there will be an important announcement about staking, if true then this will be bullish Youc, I hope they really do, and remember, bounties are not to kill the project.
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bandungan
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December 08, 2020, 05:50:10 PM |
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no bounty hounter cannot be said to be a project killer. We will see that the total token bounty hounter allocation is only a few percent of the total tokens available. it's just a dump and pump issue and how the team dares to strengthen the market after a temporary dump
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speedforce
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December 08, 2020, 06:26:44 PM |
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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 invest their time to do some tasks, and when the distribution if they need the money they will cashout, whats the problem? Also if the many people interest in the project, then the demand will be greater than the small supply of the bounty hunter presure, price still goes up.
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MishaSER
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December 08, 2020, 07:36:08 PM |
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This is indeed the case, therefore, many projects are already doing more rationally, they unlock tokens in stages, for example, Avalanche pay their bounty hunters 22% every quarter. This helps not to dump the price.
It's really common sense, but few companies do this, I don't understand why. Possibly afraid of public censure
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inoes
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December 09, 2020, 11:10:54 PM |
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usually projects allocate their funds for bounty hunters not much. max 10% of the coin supply amount. So don't blame the hunters completely because the ones who hold the most coins are investors. or even a Whale.
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Jeger.Kiting
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December 10, 2020, 12:24:53 PM |
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usually projects allocate their funds for bounty hunters not much. max 10% of the coin supply amount. So don't blame the hunters completely because the ones who hold the most coins are investors. or even a Whale.
I agree with you that not all are accused of bounty hunters, which we actually question the larger developers and holders such as whales and investors, because we can take examples such as the Emirex project where it does not match the promised price, and when the token locks opened the price was destroyed and bounty hunters were blamed for destroying the price of Emirex, whereas previously the investor's token was opened and followed by bounty hunters and it was only a few 2 weeks apart, to open bounty hunter tokens, it was impossible for bounty hunters to destroy price, while investor tokens have been opened earlier than bounty hunters, the public should be able to assess and take examples with the problems that have occurred in the Emirex project ...
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