Quote from: matchi2011 on December 14, 2019, 06:09:21 AM

Quote from: Henrytrust on December 14, 2019, 05:50:57 AM

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 ..

You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.

Bounty hunters being use a front row to be blamed once the value of the project fall to hard, many forget about the allocated bounty rewards. The amount of those coins who falls in the hands of early investors and portions of coins with the developers funds are mostly the best reason how things fall so quick after being listed from the exchange.

The phenomenon seems to have become a habit where after listing on the exchange, the price immediately dumped. it's not fair if only bounty hunters are blamed, because the token quota for bounty hunters is very small, so they are not the main factor.