Post
Topic
Board Altcoin Discussion
Re: Bounty hunters hurting themselves?
by
arakuns
on 16/09/2018, 19:06:52 UTC
It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid.  The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.  

Thoughts?

Well that is the your perspective about this issue. I believe it is not always true that bounty hunters are responsible for price dump, I have participated in quite a number of bounties that woukd decide not to reward bounty hunters on time and still the price will still dump really bad. And besides, bounty rewards are usually between 1 to 2 percent of the total tokens sold, which I feel is not too significant.