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Author Topic: Huge tokens during Bounties  (Read 8891 times)

Online Bobcrypto

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Re: Huge tokens during Bounties
« Reply #45 on: October 07, 2020, 04:50:52 PM »
Huge bounty rewards are simply meant for hard work for participants, and huge rewards might get to hunter if there are few participating hunters in that campaigns. I have received 100,000Tmt token on the bounty that worth $0.01, unfortunately the price of the token is now $0.0003, thought I sold at $0.009.
It is not a big deal the amount of coin/token received on a any bounty campaigns but the price of the bounty token is more important.

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Re: Huge tokens during Bounties
« Reply #45 on: October 07, 2020, 04:50:52 PM »

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Re: Huge tokens during Bounties
« Reply #46 on: October 07, 2020, 05:50:29 PM »
At present the budget of those bounties is much less. The budgets of the bounties are low. Those of us who are bounty hunters are suffering a lot. Because of the low budget, we are not spending a lot of money. Because from this bounty many of us get rid of our financial crisis. So I think this bounty budget should be higher. However, there are many budgets for bounty.
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Re: Huge tokens during Bounties
« Reply #47 on: October 08, 2020, 04:26:28 AM »
At present the budget of those bounties is much less. The budgets of the bounties are low. Those of us who are bounty hunters are suffering a lot. Because of the low budget, we are not spending a lot of money. Because from this bounty many of us get rid of our financial crisis. So I think this bounty budget should be higher. However, there are many budgets for bounty.
I think if the bounty campaign allocation is increased it will damage the price of a cryptocurrency, it is better that the bounty campaign does not have a high allocation so that the circulation of the token price remains stable and will not collapse.

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Re: Huge tokens during Bounties
« Reply #48 on: October 08, 2020, 07:11:07 AM »
I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.
Which token did you get? Have any exchange or value? I already got severals token but those have no market value.

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Re: Huge tokens during Bounties
« Reply #49 on: October 08, 2020, 06:31:34 PM »
Sometime bounty hunter got Good coin of a specific coin when their is low amount of particate in Bounty .
If that coin is available on good price then surely they will sell some Amount of that coin , otherwise they will going to be hold it till a good price.
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Re: Huge tokens during Bounties
« Reply #50 on: October 08, 2020, 11:42:20 PM »
The point isn't about the number of tokens but the price of the tokens. It is useless if the number is huge but the price is too low. I have the tokens like that, it is CCN tokens. I have huge numbers of tokens, unfortunately the price is very low/cheap. So, I just hold the tokens on my wallets.

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Re: Huge tokens during Bounties
« Reply #51 on: October 09, 2020, 02:58:24 AM »
The point isn't about the number of tokens but the price of the tokens. It is useless if the number is huge but the price is too low.
True, the price that determines the profit is not the number of tokens. I don't think there are many new projects of value right now.
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Re: Huge tokens during Bounties
« Reply #51 on: October 09, 2020, 02:58:24 AM »


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Re: Huge tokens during Bounties
« Reply #52 on: October 09, 2020, 04:16:24 AM »
Volume and liquidity This point is of fundamental importance to bring confidence and tranquility to all investors.

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Re: Huge tokens during Bounties
« Reply #53 on: October 13, 2020, 06:16:03 AM »
I've been working on the Bitcoin forum for a few days now.  I have seen in the experience of these few days that if a token is given in large quantity, the market price of the token is much lower.  But luckily there may be a sudden surge in fact.
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Re: Huge tokens during Bounties
« Reply #54 on: October 13, 2020, 10:19:25 AM »
If I get a huge token enough. then I will sell it gradually if it is already in the market. I don't really like holding large amounts of coins. because it will be difficult to sell it later. especially if I see that the coin has no potential, then I will immediately sell it gradually so that I can quickly cash out or replace other coin investments.

I have several times received large amounts of tokens in the bounties that I participated in. What I did first was to analyze the conditions of the platform, and sell small amounts of coins. If the price of the coin has dropped dramatically then I will sell all the tokens, but on the other hand, if the coin price increases, I will not rush to sell it, I will wait until the right moment and sell it.
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Re: Huge tokens during Bounties
« Reply #55 on: October 13, 2020, 10:45:42 AM »
Huge bounty rewards are simply meant for hard work for participants, and huge rewards might get to hunter if there are few participating hunters in that campaigns. I have received 100,000Tmt token on the bounty that worth $0.01, unfortunately the price of the token is now $0.0003, thought I sold at $0.009.
It is not a big deal the amount of coin/token received on a any bounty campaigns but the price of the bounty token is more important.
You are smart by selling at high price, personally I don't keep tokens that are of huge supply because of dumps associated with them.
There were some bounties I did some years back, freecoins gave me almost a million share but the price wasn't something to talk about, at the end I sold everything at $75, that's funny and a pity at the same time.
The recent bounties has improved in allocating of price and token to promotion which is cool and I like it that way, it will reduce dump from early investor, public investors and lastly the traders.
DeFi bounties are totally different as their tokens are always cap at thousands and a million.
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Offline TERMINO

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Re: Huge tokens during Bounties
« Reply #56 on: October 13, 2020, 02:16:32 PM »
Quantity versus Quality.
Quantity is a nice thing but without fair quality it is just in a mess. Though not all projects goes in the same result coz some of huge tokens really successful and have a nice token value like crypto.com has 20 Billion circulating supply at $.015 per coin. In my opinion cheaper value could possibly means market influence or no investors.
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Offline nelson4lov

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Re: Huge tokens during Bounties
« Reply #57 on: October 13, 2020, 09:47:07 PM »
I don't see anything wrong with a bounty hunter collecting a huge amount  of tokens after a bounty campaign, I believe he must have worked real hard during the campaign to earn that huge amount of tokens, and I don't think the  amount of tokens given matters, I believe what matters most is the value of each of those tokens cus 80k tokens can be equal to 100 usd sometimes, so the value of the token is what really matters.
« Last Edit: October 13, 2020, 09:50:24 PM by nelson4lov »
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Re: Huge tokens during Bounties
« Reply #58 on: October 13, 2020, 10:22:24 PM »
as a matter of fact huge token sometimes are worthless, so its better for a hunter minting value token than thousand upon thousand still worth less.
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Re: Huge tokens during Bounties
« Reply #59 on: October 13, 2020, 11:16:43 PM »
Yes, many bounties paid the participants with a huge number of tokens. But this just ended with a big drop in the price. I think the team members should limit the number of token bounty rewards. It should be only about 1 or 2 % of the total number of the token supply. This will keep the price to be still good in the future.
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