Quote from: optim1stic on June 26, 2019, 04:52:14 PM

Quote from: jumiapaul on June 26, 2019, 02:56:35 PM

Quote from: Anilbg on June 26, 2019, 02:11:35 AM

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Quote from: nwosuchristabe2 on June 26, 2019, 12:13:03 AM

Quote from: Pricebrianer on June 25, 2019, 08:27:00 PM

BCNEX gave bounty hunters an option to exchange BCNX tokens earned from bounty for XRP. Now, you cant get BCNX back. You can convert it back. I think thats BCNEX team decision to prevent dumping once listed.

The opportunity given to swap Bcnex tokens to XRP was actually given to the participants of the earned programme which is similar to airdrops and not the bounty hunters. Bcnx is yet to be distributed to the bounty hunters because the bounty is still ongoing and tokens are yet to be distributed.

Bcnex swap programs has been going very well and I guess those who are willing to swap their bcnx for xrp has completely done that, I'll like to know if the swap arrangement would be available for bounty hunters after the tokens is distributed, because the bounty would be over by this weekend and distribution should commence by next week or at best next month ending.

Yes, almost all bounty hunter dumps tokens at the time of listing, so by giving them opportunity to swap their tokens with XRP, they kind of put a limit to dumping of tokens

That's true, bounty hunters are one of the greatest dumpers of tokens, because they are only interested in getting payment for the job done and not like investors who want increase returns on investment. Bcnex should consider giving bounty hunters the opportunity to swap their bounty tokens to xrp.

I think If bounty hunters are dumpers, then the coin has liquidity problems. If the project has a future, then insiders will buy out all the tokens at a low price.

Your suggestion is nice but I don't agree with you claim that bounty hunters are one of the greatest dumpers. Check the percentage allocated to bounty programs and most times it is insignificant. Dumping is most times done by heavy investors that have large enough tokens to liquidate the market not people with peanut tokens