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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: earncrypto on January 31, 2019, 04:48:43 PM

Title: Solution how to avoid token dump caused by bounties
Post by: earncrypto on January 31, 2019, 04:48:43 PM
The solution is so simple and obvious that you will wonder why no one had used it before.

Bounty hunters should be allowed to sell out part of stakes they earned for ETH (or BTC) during the campaign = before token distribution.

Here is the scheme:
(https://image.ibb.co/hjR7dp/PROBLEM.jpg)
(https://image.ibb.co/kdy9r9/SOLUTION.jpg)
(https://image.ibb.co/mY1R4U/ADVANTAGES.jpg)
Title: Re: Solution how to avoid token dump caused by bounties
Post by: backfirst77 on February 01, 2019, 01:53:43 PM
This is a great one of the solutions to avoid a deep price decline in the consequences of bounty behavior of the hunter. But unfortunately not many Bounty projects use this payment method. It needs to be proposed to CEO of the ICO project to be concerned. Although not only from Bounty only price will be dump, there are still other factors. But this is an early anticipation for the success of an ICO project when listing.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: earncrypto on February 03, 2019, 04:38:41 PM
Quote from: backfirst77 on February 01, 2019, 01:53:43 PM
This is a great one of the solutions to avoid a deep price decline in the consequences of bounty behavior of the hunter. But unfortunately not many Bounty projects use this payment method. It needs to be proposed to CEO of the ICO project to be concerned. Although not only from Bounty only price will be dump, there are still other factors. But this is an early anticipation for the success of an ICO project when listing.


The reason of why not every ICO/STO uses this model of bounty stakes trading described above is that the Tokpie (a platform that created this solution) select projects to be listed very carefully.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: sunny1356 on May 17, 2019, 02:29:01 PM
Some projects have already started adopting this method. As a matter of fact, they pay directly in ETH, after calculating the stakes.
I still prefer this method, so as to avoid putting blame on bounty hunters.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kingmaster on June 15, 2019, 08:38:24 AM
In normal cases, I still believe that dumping caused by bountiers is not too significant for price drops which are very sharp and in long duration because the volume of tokens distributed to bountiers is not too much. At most at 5% of the maximum number of tokens allocated for bounty, even then it is very rare to allocate such a big bounty.

Dump that happened later I guess because of big players with strong capital who can push prices down to the lowest until later then to buy as much as possible after the price really drops far from their selling price at the beginning of dumping. Here there are already get the profits with selling for beginning of dump, not to mention if after the purchase at a very low price then later sold at a fairly high price. It is truly a lucrative business for big capital holders ... ...
Title: Re: Solution how to avoid token dump caused by bounties
Post by: sturec22 on June 15, 2019, 02:56:49 PM
It is kinda funny because more than 95% of the bounties that I have attended in the last 10 or more months have not even been paid yet. So I am just wondering, which bounty dump is this a solution to?
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Unbunplease on June 15, 2019, 04:37:14 PM
Often I see a picture that the price is reduced by the developers themselves on the exchanges.  This is especially evident in relation to ERC-20 tokens.  As can be seen from the smart contracts, it is the developers who send a huge number tokens on forkdelta and sell them for a pittance.  Bounty hunters are usually just a reason to shield yourself ..
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kent47400 on June 16, 2019, 11:59:37 AM
I just saw this kind of thing that is useful for the future of Bounty Hunter, Traders and Investors, in my opinion this is also worth doing, maybe after I finished following the signature campaign that I follow now in this forum.
But I have to learn more about the bribe, I understand very well the way it works in the picture.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kingmaster on June 16, 2019, 01:55:52 PM
Quote from: sturec22 on June 15, 2019, 02:56:49 PM
It is kinda funny because more than 95% of the bounties that I have attended in the last 10 or more months have not even been paid yet. So I am just wondering, which bounty dump is this a solution to?
Yes agree that most bounty in 2018 as last 10 months or more are not clear whether they succeed in raising the funds or not, if successful projects ICO do not pay bounty hunters as they argue by saying legal department advice but I am not sure.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kingmaster on June 16, 2019, 01:59:21 PM
Quote from: cryptohype on June 15, 2019, 04:37:14 PM
Often I see a picture that the price is reduced by the developers themselves on the exchanges.  This is especially evident in relation to ERC-20 tokens.  As can be seen from the smart contracts, it is the developers who send a huge number tokens on forkdelta and sell them for a pittance.  Bounty hunters are usually just a reason to shield yourself ..
I found this kind of price dump what I assumed was carried out by the project developer. They keep the fund raised for certain expenses but as noticed almost in events participated by the project there are big amount of tokens released into market and increasing circulating supply. This caused price dump systematically.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: sidkz on June 16, 2019, 05:12:26 PM
No need to blame bounty members for low price of tokens
when tokens appear on the exchange you see how many there are sold
Title: Re: Solution how to avoid token dump caused by bounties
Post by: masterrex on June 16, 2019, 05:16:46 PM
Its easy to avoid dump? If its true since If we do a simple math Bounty payments is just a small portion of the massive total of coins/token in circulation thats why i dont believe that bounty People is the cause of price dump on any ICO coins/tokens. or they just paid it in Ethereum to avoid the suspected dumping.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Betim on June 16, 2019, 08:15:53 PM
I am already familiar with this service, it is a good solution for those who do not wish to wait for receiving tokens and wait for a suitable price in order to sell them later. I am interested in what pricing will be used at the exchange to understand whether it is profitable to sell stakes or it is better to wait for the tokens distribution and then sell them yourself. I think we should try to take part and draw conclusions.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Zed0X on June 16, 2019, 08:53:31 PM
I still see an issue why some would not use this method. The problem lies in the vetting of bounty participants. It takes time to check if a participant is honest in a campaign and this is usually done after the campaign.

But I still commend whoever though of this method. This is great for legit hunters, they'll be more motivated knowing they do not have to wait for month.


There is no perfect system anyway.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kingmaster on June 16, 2019, 09:29:20 PM
More important thing is a solution how to prevent dump among all project stakeholders (project developer, investor, bounty hunter, trader) as this matter relate with all of them not just bounty hunter.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Payme21 on June 16, 2019, 10:30:03 PM
Beautiful suggestion, but how many of these projects are willing to pay with tokens that aren't theirs. Most will offer to pay in their shit coins of which they are not really sure will succeed
Title: Re: Solution how to avoid token dump caused by bounties
Post by: tarolog on June 16, 2019, 10:52:37 PM
In this case, it is best to either block tokens for a month, or partially issue them.  Bounty hunters sell immediately, as they are not sure about the projects, and are scared by the year 2018, when the one who sells right away did the right thing.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Quart on June 16, 2019, 11:25:57 PM
So far, many people consider that the dumping price of the tokens is because of the bounty participants that sell their coins directly at a very cheap price. It makes sense, but inf act, not all participants do that.
And this concept from Tokpie is also interesting, I think it is the first implementation, isn't it?
Title: Re: Solution how to avoid token dump caused by bounties
Post by: pangeran on June 17, 2019, 04:56:04 AM
Quote from: Payme21 on June 16, 2019, 10:30:03 PM
Beautiful suggestion, but how many of these projects are willing to pay with tokens that aren't theirs. Most will offer to pay in their shit coins of which they are not really sure will succeed
That is their trick in seeking profits, where they manipulate payments a little, because they are afraid of losses
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Alcor on June 17, 2019, 08:40:09 AM
I know that TOKPIA uses the practice of buying and selling half of the accrued steaks for ETH in relation to some ICO projects with which it has entered into a certain agreement. I participated in some of these ICO - POV, Terra Green, but so far I am not happy with this innovation. If you sell your half of the steaks at the ICO stage, for some reason the price was so low that I refused to do it. I decided to get my reward with tokens, and let them be in my wallet for the time being. Maybe over time it will be profitable, we'll see.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: UNIVERSE on June 17, 2019, 04:10:20 PM
First to remember is that the dumping price after on exchange is not only the factor from bounty hunters. I personally am not a kind of bounty hunters that will seel my rewards in the dumping price, we don't know whether there are many whales or investors start dumping to gain cheaper price.
Then, the solution by Tokpie is good enough, however, can the value of each stake decrease? Or it will be stagnant?
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Confero on June 17, 2019, 04:17:23 PM
Sorry, I don't agree if the price of dump on the market is Bounty hunter.  Remember, the allocation of funds for bounty hunters averages only 2% of the total supply of tokens for a project.  That is a small amount of token held by the Investor and developer.  So for the problem of falling prices on the market, we cannot immediately blame the behavior of bounty hunters, the tokens they have are very small.  And Bounty hunters also don't want to lose, and in vain work if only get a few results.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Cutter Cute on June 17, 2019, 05:08:23 PM
Quote from: Confero on June 17, 2019, 04:17:23 PM
Sorry, I don't agree if the price of dump on the market is Bounty hunter.  Remember, the allocation of funds for bounty hunters averages only 2% of the total supply of tokens for a project. 
-snip-

The developers might say that when the price of the token skyrocketed and had a high price then the bounty participants sold some of their tokens.
Bounty participants are innocent, but the market situation will sometimes affect the price of each token. Because of that, I chose the Tokpie platform so that I can exchange tokens with ETH, but only a few projects register on this platform. I think this is the best solution for now.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: kingmaster on July 13, 2019, 03:55:51 AM
Quote from: Cutter Cute on June 17, 2019, 05:08:23 PM
Quote from: Confero on June 17, 2019, 04:17:23 PM
Sorry, I don't agree if the price of dump on the market is Bounty hunter.  Remember, the allocation of funds for bounty hunters averages only 2% of the total supply of tokens for a project. 
-snip-
The developers might say that when the price of the token skyrocketed and had a high price then the bounty participants sold some of their tokens.
Bounty participants are innocent, but the market situation will sometimes affect the price of each token. Because of that, I chose the Tokpie platform so that I can exchange tokens with ETH, but only a few projects register on this platform. I think this is the best solution for now.

I have same opinion not to judge bounty hunter as a causer of price dump, their allocation tokens are just a few. I have noticed the huge dump are coming from big token holders, I don't who they are. Perhaps they are whales, or other parties I don't know exactly.
Related with Tokpie platform, I don't know yet. I need to know further of the platform.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: densuj on July 13, 2019, 04:19:30 AM
Quote from: kingmaster on July 13, 2019, 03:55:51 AM
Quote from: Cutter Cute on June 17, 2019, 05:08:23 PM
Quote from: Confero on June 17, 2019, 04:17:23 PM
Sorry, I don't agree if the price of dump on the market is Bounty hunter.  Remember, the allocation of funds for bounty hunters averages only 2% of the total supply of tokens for a project. 
-snip-
The developers might say that when the price of the token skyrocketed and had a high price then the bounty participants sold some of their tokens.
Bounty participants are innocent, but the market situation will sometimes affect the price of each token. Because of that, I chose the Tokpie platform so that I can exchange tokens with ETH, but only a few projects register on this platform. I think this is the best solution for now.

I have same opinion not to judge bounty hunter as a causer of price dump, their allocation tokens are just a few. I have noticed the huge dump are coming from big token holders, I don't who they are. Perhaps they are whales, or other parties I don't know exactly.
Related with Tokpie platform, I don't know yet. I need to know further of the platform.
I agree with you that we can not blame the bounties hunters causers the price of token goes down, it is just small amount of token for bounties reward. And tokpie platform is solutions for all of bounties community to sell their token after they have got the token, so the bounties hunters on tokpie platform they don't need waiting until the public sales token end to getting the money from bounties. As we know the bounties hunters need long time until they get the token usually couples months until they get the token. And the tokpie platform have gave solutions for it.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: ComeBack on July 13, 2019, 04:35:27 AM
I'm really trying to figure out the trading of bounty stakes. I really wanted to participate too on this kind of bounty trading related thing. Anyway I hope you posted an additional link for it ^^ Can't wait to try it once there's a new project that are available for the bounty stakes.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: gurunanakji777 on July 13, 2019, 01:25:15 PM
I am also the part of Tokpie bounty. Tokpie exchange is quite good it lets you to sell your stakes for Eth and Btc during the campaign. If such kind of exchanges increase in the market certainly it will be quite good for the bounty hunters and those who blames bounty hunters for dumping will also keep quite.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Tristanerus on July 13, 2019, 02:56:27 PM
Quote from: Zed30 on June 16, 2019, 08:53:31 PM
I still see an issue why some would not use this method. The problem lies in the vetting of bounty participants. It takes time to check if a participant is honest in a campaign and this is usually done after the campaign.

But I still commend whoever though of this method. This is great for legit hunters, they'll be more motivated knowing they do not have to wait for month.

There is no perfect system anyway.
I agree with with this that's why still many bounty's project used this it because they don't have planned to pay those bounty hunters after the campaign. But not all, if there's a legit one only minimal and its hard to find it, especially this time which is more and more projects launches. together.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: tonymillions84 on July 13, 2019, 05:50:58 PM
i think this exchange is a wonderful platform that have a very bright future for all bounties. they have been able to sort out the issues ravaging the marketing areas of cryptos. those steps will surely settled out bounty payment issues which is the major problem that discouraged hunters from bounties. Also i think there exchange needs to start using other altcoins for payments.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: alltalk on July 13, 2019, 11:37:17 PM
It may be one of the ways that we can use in order to ignore dump price. However, the stakes itself will also have decreased price when the bounty hunters start t sell their stakes at a low price. However, it is still a good idea. Besides, bounty programs may also pay on ETH or BTC to ignore dumping.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: aiviaa485 on July 14, 2019, 10:20:26 AM
Quote from: Zed30 on June 16, 2019, 08:53:31 PM
There is no perfect system anyway.
It could be like that because this is the starting method that is being developed and normally for the first thing it will be good.
Unlike the method which will be the next ordinary method which will subsequently get FUD interference from competitors and this is something that is anticipated by the #DevelopmentTeam  of the methods given by the OP.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: abdmuiz on July 14, 2019, 02:26:17 PM
tokens or coins allocated to bounty hunters no more than 3% so in my opinion it is not a bounty hunter that makes a drop price but someone has thrown away their coins because they have benefited from their investment
Title: Re: Solution how to avoid token dump caused by bounties
Post by: sidkz on July 15, 2019, 03:12:55 AM
I think that the problem is not that participants in bounty companies sell their tokens
There are no people who want to buy these tokens
they do not even buy at a very low price
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Davenethan07 on July 15, 2019, 05:17:58 AM
 It is better to wait until the token is distributed and sold. I think we should take part and draw conclusions. This is a good strategy for those who are not waiting for tokens and not waiting to sell them later at a reasonable price. I am interested in the price used in the exchange to find out how valuable it was.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: Senin on July 15, 2019, 05:50:04 AM
I participated in some of the ICOs that worked with the TOKPIE platform, where it was possible to sell my rates even before the distribution of tokens, in particular, POV, Terra Green. First, there is this procedure too complicated. I wanted to get Ethereum through these rates, submitted an application to exchange my steaks for ethereum, but I didn’t understand how to do it further. They need to simplify their exchange system.
Secondly, TOKPIA offers a too low estimate, the payments in ethereum are very small.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: MrSpasybo on July 15, 2019, 06:44:26 AM
Team and bounty managers can fix mac tokens per stake after bounty program to protect token price, project and investors. They can lock bounty tokens 3-6 months after ICO to decrease sold-out bounty tokens on exchanges.
Title: Re: Solution how to avoid token dump caused by bounties
Post by: OptimusPrime on July 15, 2019, 08:44:52 AM
Quote from: earncrypto on January 31, 2019, 04:48:43 PM
The solution is so simple and obvious that you will wonder why no one had used it before.

Bounty hunters should be allowed to sell out part of stakes they earned for ETH (or BTC) during the campaign = before token distribution.

Here is the scheme:
(https://image.ibb.co/hjR7dp/PROBLEM.jpg)
(https://image.ibb.co/kdy9r9/SOLUTION.jpg)
(https://image.ibb.co/mY1R4U/ADVANTAGES.jpg)
That looks interesting but it looks like the only place where this can happen is in your platform tokpie. That's a good business plan for them and I hope many other projects can adopt that. But what I don't understand is why don't they just pay in eth than trading stakes
Title: Re: Solution how to avoid token dump caused by bounties
Post by: masterrex on July 15, 2019, 02:57:21 PM
I dont believe that the bounty hunters is the sole to blame why the token price is dump after listing, partly the investors did it just remember only the bounty hunters token is just a small portion of the circulating supply. Thats my simple explaination but if the team needs to be sure just paid directly the bounty participants with liquid tokens, and not the native platform tokens.