Post
Topic
Board Altcoin Discussion
Re: Why blame people for your failure?
by
Redemption59
on 02/05/2019, 20:50:01 UTC
I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.

Truth be told and you have said it all, I hate it most when people always blame bounty hunters for dumping where in actual fact, only few percentage of funds are always allocated for the whole bounty and why blame bounty hunters for your failure? Bounty hunters are hardworking people trying to earn something small for a living, why dump whiles you can hold and gain more value most times. I blame most team members for this reason.