Quote from: robelneo on December 11, 2019, 05:13:12 PM

Quote from: Winscosinally on December 05, 2019, 01:42:38 PM

There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

Not all bounty hunters are dumping or not all bounty hunters are the cause of dumping in fact I have seen one coin being dumped and bounty hunters share are all still locked in their wallet, it's the huge bonus that they offer to early birds investors that caused the coin to be dumped, and still go down to the kind of project that you have, people will dump if they sense the dev will leave the project.

It should be 1% for bounty hunters if are dumping does not make a big decrease, but of course, several factors such as volume and big market are very influential. dev may not play behind even though the bounty allocation has not been distributed, decentralized tokens can't be dumped by dev. I think the reason is clear, it all comes from the initial phase buyers who get a lot of bonuses, so they throw away in large quantities.