Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on August 15, 2020, 10:06:54 PM
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Every crypto enthusiast/ bounty hunters may agree with me on certain reasons to exclude hunters from coin dump blames.
Now, if some old hunters could remember few years ago, say 2016 to 2018, certain new start up bounty campaigns did pays hunter with a shared bounty pools. For example, some new bounty projects as at then paid hunters with partly project coins and partly Bitcoin, which were aimed to eliminate coin dump if listed on the exchanges.
However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment; at least to spread the project coin/token awareness and popularity. What do you think?
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Every crypto enthusiast/ bounty hunters may agree with me on certain reasons to exclude hunters from coin dump blames.
Now, if some old hunters could remember few years ago, say 2016 to 2018, certain new start up bounty campaigns did pays hunter with a shared bounty pools. For example, some new bounty projects as at then paid hunters with partly project coins and partly Bitcoin, which were aimed to eliminate coin dump if listed on the exchanges.
However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment; at least to spread the project coin/token awareness and popularity. What do you think?
Hunters have to be very much excluded from blame dumps. Bounty rewards are always 1-3% of token total supply and bounty hunters get blamed lol.
The best solution i believe is escrowed payment, either in bitcoin, etherum or stable coins
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Though the idea is ok, but what they are clamouring is not somehow right, because any token distributed to hunter is insignificant to the project pool, and most time the percentage given to the bounty hunter are 5-10% some times. the issue is that whales is the cause of any fall in coin. stand to be corrected.
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However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment;
I agree with your opinion. If a project thinks that paying bounty hunters can make dumps in price, then it is better to pay in Bitcoin, ETH, or other top coins. This surely avoids the bounty hunters to sell their payments in the project's token to sell suddenly after the bounty ended. However, not all projects want this idea. Some projects think paying the bounty hunters with their tokens is the way to spread their tokens as well.
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Bounty hunters deserve to pay in good coins like BTC or ETH as you stated above to avoid dumps. A new project must have funds to compete with others to improve and promote their coins/tokens well. Yes, one of them is paying bounty hunters with BTC or ETH to ensure their tokens/coins won't be dumped.
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The dump isn't always caused by the bounty hunters. So, even if a project pays the bounty hunters with their tokens, there is no problem with the token price on the market. The problem of dump may be on the investors that don't want to hold the tokens in a long time. They seem to prefer cash their asset faster.
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Every crypto enthusiast/ bounty hunters may agree with me on certain reasons to exclude hunters from coin dump blames.
Now, if some old hunters could remember few years ago, say 2016 to 2018, certain new start up bounty campaigns did pays hunter with a shared bounty pools. For example, some new bounty projects as at then paid hunters with partly project coins and partly Bitcoin, which were aimed to eliminate coin dump if listed on the exchanges.
However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment; at least to spread the project coin/token awareness and popularity. What do you think?
Hunters have to be very much excluded from blame dumps. Bounty rewards are always 1-3% of token total supply and bounty hunters get blamed lol.
The best solution i believe is escrowed payment, either in bitcoin, etherum or stable coins
An example of this is the current situation with the price of the HOMT project token. The last week of the signature campaign is also ending for bounty hunters, they have not received tokens yet, and investors are already selling off these tokens, which they bought at a big price discount, on the ProBit exchange. As a result, the token price has already dropped from $ 0.4 to the current $ 0.038.
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If you have noticed the bounty of these two years from 2016 to 2017, then 70 percent of the bounty will be BTC payment. But at present BTC does not make payment. Because growing tokens is not a success. They make some payments. Again many projectors do not pay and the current situation is very bad. So not at the present time, so I think it would have been much better if the 2017 Salta had come back among us. The present is not successful. 70 to 80 percent was payment at btc. At present I know how the projects are. Road map is not good for him.
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I don't know why we hunters blamed for dumping the tokens, They better should pay with bitcoin or USDT if they not want to dump their token. I think that is their excuses, we don't know that the team secretly dump their token. :-\
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Project developers are not anymore sharing their own Bitcoin or even Ethereum and just the tokens that the project is issuing. Of course, it is because they are really greedy and then to make matters worst they are throwing the dump blame to hunters which account only a small percentage of the total token per5centage. They should be blaming themselves why their tokens dump...maybe the tokens are not well-received by the market because the team are made up of dumb people (pardon the word). We should stop the blame and just move on, anyway.
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We cannot blame bounty hunters if their tokens are dumped on the market, because the allocation for bounties is usually only 1 - 5% of the total supply. I think it's the private sale that can cause the dump, because investors can buy at very cheap prices.
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Nah, hunters has never been reason for a coin dump, this is either the market trend or the team decides to dump their shsre systematically, if you look at it, the percentage given a bounty pool is not enough to put pressure in the price, if the price dump before bounty distribution, it could either be from the private investors or from the team themselves.
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Every crypto enthusiast/ bounty hunters may agree with me on certain reasons to exclude hunters from coin dump blames.
Now, if some old hunters could remember few years ago, say 2016 to 2018, certain new start up bounty campaigns did pays hunter with a shared bounty pools. For example, some new bounty projects as at then paid hunters with partly project coins and partly Bitcoin, which were aimed to eliminate coin dump if listed on the exchanges.
However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment; at least to spread the project coin/token awareness and popularity. What do you think?
I will certainly agreed to what you have said, maybe in this way by paying the bounty hunters in terms of BTC or ETH it will lessen the risk of dumping a new start up project and I can boost the economy of the said project knowing that their campaign promoters and supporters are no longer or maybe in a little have access to their coins/tokens.
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Bounty hunters are like the despicable lot in the Cryptocurrency food chain. Everyone hates them, but everyone cannot do without them. So any problem such as dumps can be blamed on them. They are easy targets
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i am of the fact that New projects conducting bounties are so much interested in raising funds and not the bounty campaign. when the funds are available, they abandoned hunters and proceed to other platforms for making. even popular bounty platforms like bitcointalk and altcointalk lacks bounties these days.
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Of course they need not to blame bounty. Once a coin have good liquidity bounty percentage can be managed properly without affecting price. Volume of the coin is important.
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I don't know why we hunters blamed for dumping the tokens, They better should pay with bitcoin or USDT if they not want to dump their token. I think that is their excuses, we don't know that the team secretly dump their token. :-\
Your suggestion for the use of USDT for bounty payments is very good idea and I hope that some day new start up projects may considered USDT options.
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Your suggestion for the use of USDT for bounty payments is very good idea and I hope that some day new start up projects may considered USDT options.
Yes, you are right. Not only BTC, even USDT is also good as the payment for hunters if the project team is worried about dumps. But it rarely saw that a project wants to pay hunters in top coins such as BTC, ETH, USDT, or other top coins. They prefer to pay in their tokens because they don't need to use extra funds.
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Being able to receive btc or eth when bounty hunting is much more preferable for the hunters. I have participated on some of bounties that paid eth, trx and even xrp.
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I agree with you that the project should pay the bounty hunters with Famous coins, it will be better for both the project team and the bounty hunter.
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I'm truly convinced that it will not happen though possible.
Bitcoin and Ethereum price shifting as always.
It could not be fair for both in tough market condition even in bullish momentum.
I love that idea because I want to have Bitcoin and Ethereum. But the reality of Bitcoin is volatile not stable price.
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What do you think?
I agree with you, but new projects need Bitcoin and altcoins like ETH for them to develop new projects, project developers tend to pay bounty hunters with BTC or ETH if they have a large start-up capital to develop the project. Bounty hunters are very helpful for new projects in sharing information about the products they are going to sell and develop, but if the price of tokens drops I think this is It's not the bountyhunter's fault, but how the developers make a good market strategy to increase the price of these tokens from the products they make.
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Every crypto enthusiast/ bounty hunters may agree with me on certain reasons to exclude hunters from coin dump blames.
Now, if some old hunters could remember few years ago, say 2016 to 2018, certain new start up bounty campaigns did pays hunter with a shared bounty pools. For example, some new bounty projects as at then paid hunters with partly project coins and partly Bitcoin, which were aimed to eliminate coin dump if listed on the exchanges.
However, I am of the opinion that new start up bounty project should embark on 100% payment on BTC to avoid dump or, at least a 70% BTC payment and 30% project coin payment; at least to spread the project coin/token awareness and popularity. What do you think?
I think those who blame to hunters for dump of market, they have no idea about market. If they see the percentage of a project for hunters they can not say such kind of word. I saw some projects where hunters was paid before investors and until investors come market was very good but after investors tokens market was fully dump. So how could they blame hunters?
Yes hunters needed money so that they sell tokens in low prices but its for short time of period. Nothing else.
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That would be awesome!!
Hunters paid in bitcoin is such a wonderful idea that will make hunters a joyful bounty life. I guarantee hunters will do the best as they could to work for the project and hunters will have an inspiration to be with this forum.
Everybody knows Bitcoin and its potential. Everybody's dreaming to have Bitcoin.
Every participants will become inspired and hopeful to have more such project.
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Did the OP forget Ethereum?
Did the OP forget the first price of Bitcoin?
It is true that now it is very difficult to see the price of good altcoins and tends to go down in price.
You can see now that the good token is DIA, where the first time the ICO price was under 1 USD and after listing on OKEX it was 3 USD, good luck!
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I think if they start paying the bounty hunter in bitcoin. Then a lot of people will start to engage in bounty companies and, accordingly, bounty hunters will receive few rewards in bitcoin.
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I totally agree with you, if bounty rewards are paid in either btc, eth or usdt the dumping blame and problem will be solved for ever but this is not going to happen so easily because teams want to keep the real assets like btc, eth with them and not distribute to hunters.
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Yeah Al that sounds pretty crap to me, Looks like BT aint for me either. Because if you pay BTC proof, it will be possible to avoid ump. But I think 70% btc payment should be done and 30% project token payment should be done. Then the market will change. But from 2017 I can see that there are very few projects that have been paid BTC. However, hunters are happy when BTC payment. And token prices are less likely to be lower. There are many hunters who finish the project after getting the token of the project. If byc payment is made then the project cannot be down. So btc should be 70% and project token should be 30%.
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Bounty hunters are like the despicable lot in the Cryptocurrency food chain. Everyone hates them, but everyone cannot do without them. So any problem such as dumps can be blamed on them. They are easy targets
Its not that they are despicable but only worthless projects blame the proomoters. I dont know what to say to those keep blaming the hunters as if the marketing has been done freely. Ive been a hunter for a long time let say 3 years and Ive always encountered bunch of bullshit investors that when the market crash the only guys they saw are us. Anyway just ignore these people it would not help us anyway.
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Bounty hunters are not liable to coin dump. Actually it is occurred by the management i think because you know 1-5% payment get by the hunters of total supply. So how the hunters become dumpers. It is totally a false allegation on hunters.
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I know that when the development in the project i.e. the bounty manager distributes the token, the hunters get worried about the bounty token. Because he is worried about how to sell. But the exchange of many projects does not come up. So I think it would be better to pay 70% btc. But if 50% btc and 50% token are paid, boumty hunters will be happy to show interest in doing more. Such rules should be made. Then there will be no scam.
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Hunters constitute a minute percentage of the coin holders and we all know that only a small percentage of the total supply of a coin is allocated for bounty. It's actually surprising how projects developers blame coin dump on hunters.
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I think it all depends on the project team and the bounty manager who handles it. But what I see from this point of view is quite realistic and BTC payments will be better for bounty hunters like us all.
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in all project new bounty hunter who always blamed for dumping current token price of dump why the bounty that blames should bounty manager and project team can make decisions by distributing tokens in 3 phases to avoid dump many managers bounty that implements this payment system to keep prices tokens remain stable options for bitcoin payments, ethereum and usdt be the best option for now.
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in normal sense dumping blame should be on hunters, because most reward pool of a project hunter receive minting as reward when compared to the project total pool, the believe that every hunter do sell is not realistic, because only 60% of hunter sell immediately and others hold, and some sell and buy back in weeks, so hunter are not blame for dump. dump are caused by whales..... which are mostly hidden.. to everyone.