Quote from: Bezobraznike on December 15, 2019, 07:46:06 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 ..

Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.

Not only those stories are ridiculous it is also a way to try to scam bounty hunters out of their legitimate profits, by saying that if the coin crashes is because of bounty hunters, the developers of the coin are trying to make bounty holders to hold their coins for a longer period of time, and that it will not be such a bad idea if early adopters and the developers did not sold their coins immediately crashing the price while the bounty hunters stay out of it and see the value of their coins go down each day.