Quote from: tondenga2122 on August 21, 2019, 10:46:00 PM

Quote from: chocopapaya on August 21, 2019, 03:10:20 PM

False.
I think you are overestimating the influence bounty hunters have.
First off, take a look at the percentage allocated to bounty hunters.
In a typical ICO, it is only like 1% to 2% of the coins available.
Some ICOs will go as high as 5%, but that is still a tiny fraction of the overall supply.
It just isn't enough to totally crash a project even if every bounty hunter completely dumps their coin.
(and not all bounty hunters do).

The biggest factor in an ICO getting killed is one that people seem to overlook:
It was a crappy business to begin with.
People like to blame bounty hunters, market situations, scammy practices when really, the business had no hope to begin with because it was just a bad startup.

But that's because of hunters selling their coins instantly when it releases on the market. That's why makes the prices instantly dump. They don't care about the price actually and will sell whenever it's already released on exchange. This is a typical bounty hunter that we see, they always say "when distri sir? when exchange?" Like they don't care about the project anymore.

They are not true believers of the project which they promote. The true vision is required for holding a long time and not to sell on the market. The bounty rewards are dumped by the bounty hunters after the news of getting listed on the exchange. That questions are showing the fact which they join the bounty campaign for getting quick and easy cash.

Quote from: chocopapaya on August 21, 2019, 03:10:20 PM

False.
I think you are overestimating the influence bounty hunters have.
First off, take a look at the percentage allocated to bounty hunters.
In a typical ICO, it is only like 1% to 2% of the coins available.
Some ICOs will go as high as 5%, but that is still a tiny fraction of the overall supply.
It just isn't enough to totally crash a project even if every bounty hunter completely dumps their coin.
(and not all bounty hunters do).

The biggest factor in an ICO getting killed is one that people seem to overlook:
It was a crappy business to begin with.
People like to blame bounty hunters, market situations, scammy practices when really, the business had no hope to begin with because it was just a bad startup.

The bounty rewards can be the 6% of the total coin circulation but not all bounty hunters dump the distributed tokens. Teams don't like to see the real problems caused by their ineffective management, that's why we see such coincidence.