Stop blaming bounty hunters

[hushpupppy]

The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.

But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.


SOURCE

[bigcash2011]

Yeah exactly no one can dump the price himself, it is either the team selling or big investors that manipulate the market in their own favor from time to time to make profit out of these moves.

[rasangaya]

This writeup clearly show what is being going on behind the scenes and afterward, the blame is always on hardworking bounty hunters who put resources, energy, time and money together to make project a success. An additional advantage of hunters that Bounty Managers and project managers are not aware of is that hunters in most cases are also investors. They often invest, contribute financially to the ICO/IEO once they see the prospect of project is good one. But bad decisions from projects always cause the down fall. Next after that is a blame game and hunters are always at the receiving end. I can only hope that we have transparency to reveal who is really the bad actor.

[rasangaya]

AND I don't think it is entirely right to always blame bounty hunters whenever their is a decline in price of a project, I know some hunters do sell their reward in haste while some don't, individual choices,
but looking at it from the little percentage mostly allocated to bounty, it shouldn't have such impact on price compare to the bonus given to early buyers or private investors,
I guess it's more convenient to blame hunters for price dump because it is given for free even though hunters did put their effort to promote the project.

[sampoerna]

Bounty hunters are just victims! I think those people who blame bounty hunters are people who don't understand about how crypto market works. If I see the people stated that, I just ignored them and don't think too much about it. I am sure that smart people won't state that sentence.

[Andruha1993]

They are wrong if they blame the bounty hunters, because the bounty hunters are given a very small pool and they can’t drop the market price very much.

[Altcoin1998$]

We don't fully responsible dumping any token via bounty Hunters. You can hear about Cartesi which already trading on Binance but bounty Hunters cannot dump any way. So some token forcely dumping by project owners.

[trauchot]

The price of cryptocurrencies falls due to various reasons, and of course, sometimes it happens that the price of a token can drop if bounty hunters will start selling their tokens together at once, but such problems with a falling price of a token usually occur if cryptocurrencies are traded on scam exchanges.

[shadowdio]

allocation pool for bounty is just small, I don't think bounty hunters are blamed for dumping tokens. If they are good project it will never dump. I guess the team dump it just to make money and they will blame hunters dumping price.

[masterrex]

That was only alibis blaming bounty hunter for their mess, thats a complete stupidity in the first place bounty budget is just a really small amount to create any damage of the token price, second is the distribution was not instant it takes time and months and then how could they blame the bounty hunters about the price drop.

[Leonardo]

I also have the same opinion. It's unfair to blame bounty hunters for price dumps. In fact there is a huge number of reasons that cause price dumps. Firstly, it's market trend. Clearly when it's in downtrend, prices can't increase. Even when bitcoin bull-runs, it also takes time for altcoins to recover and then increase (if any). Investors' confidence is another reason. When they're are not confident, they sell at large scales. I partly agree that bounty hunters will sell their earned tokens after listing, but it doesn't last long. A good project's token will recover right after that. In a nutshell, I don't think bounty hunters are the main reason to cause price dumps.

[carcas]

I often see several projects blaming bounty participants for making their token prices plummet. Can they not anticipate that to prevent it from happening? Fast and no delay distribution will make bounty participants happy with the project and they will likely invest there

[Senin]

Investors have more opportunities to collapse the price of a new token after it is listed. It's no secret that many investors buy tokens at a great discount and immediately sell them at the ICO price, until the price has fallen, making a good profit in a short time. At the same time, bounty hunters will still receive earned tokens, then, as a rule, the price for it is already falling so much that you don’t want to sell it for this symbolic price, it’s a pity for your labor.

[MrSpasybo]

The token distribution in the ICO is primarily for Token-Sale, then the team, reserve and finally for bounty campaigns. That means bounty hunters receive a very small fraction of tokens from the total supply, about 1% -5%, they really do not have much power on hand to strongly impact token prices on exchanges. If so, the impact is temporary and not too noticeable.
Some projects freeze tokens in the hands of bounty hunters just like for team tokens, maybe that is the optimal way

[Pegasus]

The token distribution in the ICO is primarily for Token-Sale, then the team, reserve and finally for bounty campaigns. That means bounty hunters receive a very small fraction of tokens from the total supply, about 1% -5%, they really do not have much power on hand to strongly impact token prices on exchanges. If so, the impact is temporary and not too noticeable.
Some projects freeze tokens in the hands of bounty hunters just like for team tokens, maybe that is the optimal way

+1. Can't agree more. Bounty hunters' tokens are too small in comparison with sale tokens. Even when those bounty tokens are sold, price only dump temporarily. Bounty tokens are too small to decrease the price for long time.

Freezing bounty tokens is just a way to prevent dump. However I don't think it can completely fix the issue. The main problem lies on the project itself. If it's a good one, price will increase eventually.