Quote from: htsy585 on December 16, 2019, 07:34:08 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 ..

To chip in my own two cents, tokoin withstood the 100k dump from vip bounty hunters because the team placed buy others to cushion the effect, same thing with what temtum did and other reasonable projects does. In cases where the volume is less than a million in trade volume, support is usually needed to prevent sharp dump

But that's a really small amounts of bounty. when you are seeing another coin and they are all offering the bounty more than 100k and that 10x more than what already offered by tokoin. The support from the team is needed but the buyers from the market is really needed.