Ethereum certainly has the potential of being the market leader one day but I font see it happening this very year. Comparing both bitcoin and ethereum presently it is so obvious that bitcoin has a wider gap compared to ethereum and this will continue until when ethereum can have a upper hand.
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The fact that an ICO is supported with airdrops and bounties does not guarantee its success. The success of a project is highly dependent on its substance which is the product of the project. Although the impact of airdrops and bounties cannot be sidelined but the the substantive aspect is greatly important.
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The way I see bounty earnings nowadays is not the way it was before. Sometimes ago a well planned bounty earnings management is really profitable by using it as investment but now except you decide hold for a very long time when maximum profit can yield, else the price will just continue to fall until it becomes nothing. The best strategy for now pending the time the market will be normal is to sell it off immediately.
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I also go in line with your decision because nowadays airdrops are no longer making any sense. Most of the airdrops I filled in couple of months ago are just in my wallet worthless and useless. Maybe when people stop showing much interest in airdrop, I think it might improve from what we have now.
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I really don't think many people will have expected the markets to fall by this much so at this point crystalising massive losses seems to be unadvisable. In a fluid market in future with regular price fluctuations you could look at parking profits made in something like USDT.
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In an ideal situation, it is always better to buy during the ICO because it is cheaper and also come with incentives such that when it gets to the market, more profit can be made but with the current market condition, investors will prefer to buy when it is listed since since it will be obtainable at half of the ico price.
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#Join-#Proof of authentication Bitcointalk username: Babatunde Telegram username: @BabatundeM
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There rate at which the prices are dumping these days I really alarming. One thing am very sure of is that there are some factors responsible for this frequent dumping and this might be the work of some big manipulators who are doing it for their selfish interest. We can only hope that this does not continue till the end of the year.
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I was wondering, how much is everyone earning from bounties per month, feel free to leave your comments below, this topic was started out of pure curiosity.
I know for a fact that bounty hunters get paid in the altcoin currency they work for, whatever job they do.
Cashing out the altcoins they get is a pain in the a$$ though, mostly because when the ICO ends the altcoin gets listed on shitty exchanges.
How do you cash out altcoins, is it worth it to participate in bounty campaigns anymore?
Why do you rely on bounty to make money? Are you a bounty hunter? I think you are wasting time. The best way to make money is to invest. Don't be fooled. Bounty won't make you rich. Are you actually asking if he is a bounty a bounty hunter? And also saying that he should not be fooled because bounty will not make him rich. But looking closely under your comment, I can see that you are promoting an ICO which is the primary responsibility of a bounty hunter. I can tell you that you can actually be rich from bounty when you choose the profitable ones. Although, I am not saying it is not good to invest! just sharing my thought about bounty campaign.
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I did like their service for a while. I have multiple referrals and was probably the biggest fanboy out there. Unfortunately, that was short lived. At first, I chalked their mistakes up to growing pains from being such a new platform. They claim to have tokens in escrow, which is nice but apparently not always the case(see skychain), they have automated tracking which would be nice if it worked but they only calculate all stakes at the end of the campaign, not weekly, so by the time the campaign ends, any archived tweets won’t be counted. They blame twitter for this issue and have told users to contact twitter if they have a problem with this when it can be solved easily enough by running their tracking bot weekly or monthly instead of at the end of 4 month long campaigns. Instead, To solve this, they implemented a 15 twitter campaign limit, after I was already participate in 23 from them and 48 bounties total across btt/bountyhive/Bounty0x, etc. So my two months of 23 bounties won’t be counted because I’m involved in so many elsewhere. In addition, they don’t even tell you about this 15 campaign limit until you’ve hit it. So if you have 15 campaigns you’re participating in on another platform and then sign up for bountyhive, you may as well not even bother to sign up because most of your work won’t count for them.
I would rather track my own bounties than not get paid, and that really seems to be the only selling point that they’re kind of following through with? You don’t need to track the 15 bounties you do with them, but you also won’t be able to participate in any other bounties either if you want credit for bountyhive.
Big promises, bigger disappointment.
The fact is that when a new platform appears, it does everything very well to attract users. But after a while, problems always begin. Bountyhive is another confirmation of this theory. I totally agree with you on this,it was when they just started that they had some few good projects and I believe that was to attract new participants. Although the platform has a little share of most these failed projects because the success or failure of a project is highly dependent on the team but the platform should seek to take up good projects and not just anyone for the sake of their reputation.
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At first, I am so eager to join most of the Bounty Campaigns, I even ignored Airdrops. But lately, I feel like it's so tiring. Some campaign don't even update the sheet and not even paying us tokens. So you feel like not interested anymore. All those efforts are worthless. Additionally with this Merit system, It felt so useless. My activities and posts are way more than qualified but still merit is nowhere to be found. I tried to create replies, and posts nicely and formally like "Jose Rizal" or even "Nicholas Sparks" but still no chance, it makes me anxious. I think this is the punishment for the late bloomer in cryptocurrency. Lol
I quite share your sentiment because I am also affected with the both issues raised. As regard non functional bounty campaign that are rampant now, I think the solution to that is to patiently and carefully choose bounty campaign. A lot of bounty participants just dabble into campaign without doing a proper research about them. But concerning the currently system, even when you write something tgat worth merit, they will just pass you by thinking nobody is giving them so they will not give to others.
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It's good to see that green colors around the market once again, but trusting it right now, i dont think so. I always say in my other comments be patient but dont trust this might not be stable as of now. We still see many negative news about cryptocurrency and bans in social media that really affects the investor, so i don't think the market will be stable at this point of time.
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I am more than careful when it comes to choosing ICO. I have just joined a modest bunch of them. Those that I believe are truly reliable and had a successful pre-ICO. Every investor need to be critical with regards to putting resources into ICOs. All things considered, huge numbers of them are tricks. We will dependably wind up exacting on the off chance that we do our part in doing due constancy. I maintain a strategic distance from those get rich brisk tricks. Or maybe purchase more settled coins with some development potential and future prospects.
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