Post
Topic
Board Altcoin Discussion
Re: All about bounty payments and its effect to the project
by
nwosuchristabe2
on 05/05/2019, 13:32:54 UTC
I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"

I don't agree with the fact that prices tank solely because of the dumping effect of bounty hunters. There are so many projects that distributed their bounty rewards after a number of months of trading, but the value still dropped substantially even when the hunters haven't been paid.