This is a great thread very useful to us new comers in town to determine a legit bounty campaigns and also for ICO investors. This thread must have merited if only I have one I'll give you some merits too.
It is really distasteful some ICO projects even extend their campaign and not adding the reward pool. The outcome would be more and more participants will join and stakes reward will be lower again when the distribution ends.
It is unfortunate to those who buy their altcoins when bullish market existed but we must hold and don't sell it when it is low. Let just hope and be considerate that when the bull market exist again and overtake the buying price you make last year it will be really worth it.
We are lucky that the market are going down so that we can buy cheaper market price for bitcoin and expect a huge profit on bitcoin and ethereum when the bull market comes in again this might not be this year but probably can be on early next year. So just HODL!
Yes it is very important to have a project with a very promising product. I invest mostly to an ICO projects with MVP which makes my investment successful higher compare to other projects without MVP.
Price of alternative coins are very dependent on bitcoin that is wht there is so much potential if the bitcoin goes up again in the market. Altcoins have moved the industry into the new level which gives different categories like exchanges, blockchains, data sharing and many more. In the future I know time will come that altcoins will dominate the market.
Sa aking palagay na mahirap na matumbasan ang presyo ng bitcoin last year dahil ito ay mataas abutin this year. Marami nagsasabi na may grupo o industriya ang nagmanipula ng presyo ng bitcoin kaya naman ganun na lamang ang taas ng presyo ng bitcoin. Pero kung tataas pa sya sa ATH ay magandang bagay yun para madami na naman ang makikinabang sa pagkita sa bitcoin.
Alternative coins now have been very dependent to Bitcoin that is why I really prefer now to invest on Bitcoin. It is hard to invest now on alt coins since we are on a bearish market and it is hard to predict what will happen to them.
There are many reasons why bounty hunters tend to sell their reward token. First is that they really need it to convert the to token to fiat money or in trusted coins like BTC and ETH. Some bounty hunters reward tokens are their source of income that is why even they want to hold the token they have no choice but to exchange food and bills. Secondly is that bounty hunters loss trust of the project and its reason is that the distribution of the token is delay. Lastly, I think they sell because they lack knowledge regarding the project or they are just somehow plainly stupid.
Well even they are reputable bounty managers it is hard to predict the ICO projects are scam. We cannot blame them and accept that we are in the industry wherein there is no assurance of the projects. That is why we do bounty campaigns at our own risk and move on to the next project.