Post
Topic
Board Altcoin Discussion
Re: Why blame people for your failure?
by
gabbie2010
on 03/07/2019, 06:17:13 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.

Honestly its very unfair to blame the bounty hunters for dump in the price of a coin actually you made a valid cause of the whole saga which had for long been often attributed to massive dumping of the particular coin to hunters whose total allocation is small compared to the bonuses offered whereas the outrageous bonuses dole out to investors who are only after the profits not minding the future and road map of that coin is the major cause of the failure and dumping of that particular coin.