Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: hushpupppy on June 02, 2020, 11:01:30 PM
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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 (https://bitcointalk.org/index.php?topic=5252919.msg54550696#msg54550696)
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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 :)
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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.
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Now that bounty isn't being run as compared to back in the days they definitely going to find something else to blame it on.
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For me blame the bounty hunter is a mistake. Bounty coin prices declined sharply due to many factors. Bounty hunters only have a few coins and investors we know many have coins. For me to blame others there will be no, fortunately. I prefer to hold the coin if the price falls. And I will sell when the price is good.
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That often happens. Some projects don't even want to distribute bounty tokens, because they don't want token prices to fall. There are still many who underestimate prize hunters. We should be compact. Destroy projects like that.
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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.
Yes, if the project is truly potential and properly implemented the roadmap, the value of the project & token will increase. When the ICO was successful, the team had enough money to develop the project, and they need to do so if they don't want the tokens in their hands to be worthless.
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More often bounty hunters are the reason why price dump due to profit earnings. However not all hunters think the same way because others are not so excited to sell the tokens. Some hunters have a delicacies towards what they are doing.
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More often bounty hunters are the reason why price dump due to profit earnings. However not all hunters think the same way because others are not so excited to sell the tokens. Some hunters have a delicacies towards what they are doing.
This is a wrong motive, bounty hunters earn meagre 1-5% of the token supplyl, but then you believe bounty hunters crash a market of over 100,000 usd volume?
It is so wrong, when hunters dump, it is wrong,
but when investors dump it is taking profit right ?
is that how it works ?
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It is normal when some people think so. There are 3 factors that may cause the dumping price of the token after listing;
Bounty hunter selling their token in whatever the price, investors who dump the price to gain more and more token on the market, the last one is the untrusted project that lead to the decreasing value of the token or coin. .
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People who don't understand about the token supply must blame bounty hunters. I guess they think bounty hunters have a big amount of tokens. In fact, it is not true, bounty hunters just have a too-small amount of the tokens. Investors or developers should have a much bigger amount.
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That is correct. They should not blame the bounty hunters because the price dumps. It is not fault of the hunters because they seek to exchange their reward to compenseate their time promoting the project.
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That's the crypto. The strong / the one with lots of money will win. Investors only care about profits. After they did that, they left the project. Look for new coins. As for us, we can only hope to get paid.
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I don't think so because many project which have no bounty or Airdrops campaigns but their projects also failed and price decrease to 10 timea than ieo and ico. So bounty Hunters are not fully responsible for the dumping project.
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~ bounty hunters just have a too-small amount of the tokens. Investors or developers should have a much bigger amount.
You are right. The token allocation for bounty hunters are quite small, commonly only around 1-5%. I think it is not enough to dump and pump the price on exchanges regularly. Moreover, the tokens aren't holding by a single person only but many bounty hunters. In this matter, it is clear that the tokens holding by bounty hunters have no big impacts on the price move. As the number of tokens should be higher for developers/team and investors. These people who has the ability to pump and dump the price regularly.
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Now that bounty isn't being run as compared to back in the days they definitely going to find something else to blame it on.
Well, i agree with you and you are right on this, there has been numerous dump lately and no one has made mention of hunters which is a relieve for us all. So the question is will it remain this way? or steady progress to cleanse the bounty hunters off the blame ? Or people are waiting for the next project to pay bounty hunters, then dump in price so the blame continues?
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All people must know that bounty hunters only hold very small number of a crypto project tokens. It may be only around 0.5% - 3% of the total number of the tokens. How this can dump the price in the long term? I think bounty hunters cannot do that, probably the investors or developers who can do the big dumps.
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For me blame the bounty hunter is a mistake. Bounty coin prices declined sharply due to many factors. Bounty hunters only have a few coins and investors we know many have coins.
True. it's very funny. dump prices due to bounty hunters. The bounty hunter has only a few coins while the investors and holders are more
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The purpose of bounty hunters is to earn rewards from cryptocurrency. Once they have accumulated a lot of rewards they will sell them in exchange for money. Their purpose is very ordinary. but it is their bounty hunting that invisibly creates fake coins that many people are fooled
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The purpose of bounty hunters is to earn rewards from cryptocurrency. Once they have accumulated a lot of rewards they will sell them in exchange for money. Their purpose is very ordinary. but it is their bounty hunting that invisibly creates fake coins that many people are fooled
Yes, they are wrong, but we cannot blame all the sins on bounty hunters. we should look back to see if we have enough knowledge and talent in this field
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Bountyhunters do not have that big share of the project so we can not blame on them not only the hunters even we can not blame to the investors as this is their investment and we can not ask them to hold it.. it should be managed by the team how they managed the investors to hold the tokens..
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I totally agree with your opinion, Bounty hunters also don't want to earn small amounts of money. There is no way they can sell tokens of their work for cheap, And again most of the allocation of prizes for bounties which are not more than 2%, it seems that it is impossible to reduce the price of tokens in the market. Actually the project #DevelopmentTeam can solve problems like this.
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The purpose of bounty hunters is to earn rewards from cryptocurrency. Once they have accumulated a lot of rewards they will sell them in exchange for money. Their purpose is very ordinary. but it is their bounty hunting that invisibly creates fake coins that many people are fooled
Yes, they are wrong, but we cannot blame all the sins on bounty hunters. we should look back to see if we have enough knowledge and talent in this field
Often times bounty rewards are given months after the ICO is finished. Aside from that, the allocated fund for bonuty hunters are too little compared to the holdings of the project developers. I believe that bounty hunter allocation fund is too little to affect the trading of the token unless the token has no buy wall at all. In short, the token is already idle and has no volume or buy support before bounty hunters sell their holdings the reason for price crash, well the price will crash anyway because of the no demand situation.
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Obviously, hunters are the sacrifice of all time. To blame them is the best choice to pass the blame from one who committed to another who are really innocent. Hunters play the role of the most blame personality of all time from the past until today.
I think investors who does not know about hunters are responsible for blaming because not all hunters dump the token. Actually, some hunters hope the token to pump so they choose to hold. Unfortunately, the dump result to failure.
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Whales and stakers are the main reason behind the dump I think. Hunters get a small portion from the total supply. If the project is good enough then hunters sell can not affect the price that much. It's just a excuse to hind the lower quality of the project. And also hunters always don't get their payments right after the campaign ended.
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When we invest in a certain electronic market that goes down and suffers losses, we often blame bounty hunters. This is absurd, the fact that they hunt for bounty does not affect the market and it does not affect us.
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This is unfair to bounty hunters. we should think more openly and thoroughly understand the problem before blaming the bounty hunters
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Ofcource , invested always think. Bountys as well airdops are only reason behind dumping of any coin . But reality is totally difference . Price of any coin effect by demands as well team work behind it .
This isn't good to blame bounty hunters.
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Bounty hunters don't create any problem to the trade of a token or coin, rather they greatly help to spread the project and token information among the trades which directly influence the trading volume.
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It is true what you are telling me and this is a promotional advertisement for submission coins.
And bounty hunters are ads that are paid for free by the #DevelopmentTeam because they have coins that are already in the hands of the developer.
If the coin developer blames the bounty hunter, then it is certain that the developer does not have the funds to support the coin he created with USDT coins.
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I don't understand why bounty hunters are always blamed all the time. On the contrary, they are good at promoting projects without them, no one would even know about projects.