Post
Topic
Board Altcoin Discussion
Re: Why blame people for your failure?
by
niisarearning
on 19/05/2019, 08:50:45 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.

Yes even not only the investors most of the team failed to show investors last mg term profitability even they failed to convince the investors . So only investors are dumping the bonuses initially to cut their loss .