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Most scam bounties usually appear in form of real bounties such that it might not be easily identified as scam. It takes a well researched effort to be able to decipher its genuinty. It is actually a disheartening thing for bounty hunters to have worked for several weeks without yielding any result.
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From the way I view it, I think it is better to buy during ICO reason being that that is when the price is lower than the market. Although there is every tendency that tge price will drop due to many factors but a true investor will desire to hold till when it will yield some pfofit.
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I think lonng term investment is the best investment strategy in tye crypto world as we all know that holding is worth it at the long run, those who are holding bitcoin, ethereum and other coins for some years are now will reap in multiple folds in the nearest future.
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The rate at which ICOs are springing up has actually being an issue of great concern because most of these ICOs end up either being a scan or totally unsuccessful and that is the moree reason why high regulations should be installed to control establishment of ICO. If this is done, in the future I see only few successful ICOs.
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I so much prefer it when bounties are being rewarded in ethereum rather than the newly developed tokens. I will also appreciate if such bounty campaigns can be shared on this thread, I am so much interested in participating.
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I currently have some investment in ethereum despite the disheartening situation it is presently in. I also use ethereum as gas for transactions on my wallet. I likewise use ethereum for trading because I prefer to use ethereum to trade than bitcoin.
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I think product is actually important and valuable. It is the product that mostly catches the attention of the potential investors. Most projects with products tends to legitimate and worthy of investing on it. Investors would prefer to go with projects backup with products to safeguard their investment.
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I also agree that holders of a particular coin or token as the case may be is someone who believes in what they are holding but there are other factors that might cause an investor to cease to hold a coin but not always because they no longer believe in it.
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My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?
EDIT:
I already knew the amount of money that I earned on this particular bounty. I think the money that I earned is actually good and enough for my waiting. i waited for about 8 months before they release. Actually it is already in my wallet but the token is not listed yet so I can't know for sure the actual price of the token.
For me I would not advise that you leave the bounty especially if you are participating in their signature campaign except for the fact there is an arrangement that allows participants to leave while your stakes are still retained because it woukd not be wise for you forfeit all the reward you have earned all this while. So it is better you stay. |
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So ones again we have been scammed by another ICO known as Uchit. Now people have started raining insults and curses on the bounty manager that he has led them to be scammed. Despite the numerous apologies from the manager, bounty hunters do not seem to understand. Now my question is, do you think bounty hunters must be blamed when we are scammed because they knew what the ICO was up to, even from the beginning?
No bounty manager who has a name to protect will go ahead to manage a bounty that he or she know from the outset that it will turn out to be a scam. Most of these bounty managers are kept in the dark just as we bounty hunters. But all the same, they should have done their research about any project before accepting the contract of bounty management. |
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I think this post was made when airdrops were still airdrops because I believe no serious minded bounty hunter will go after these ridiculous airdrops let alone fulfilling the requirements of kyc. The era of profitable airdrops has pass even that of bounties is gradually fading away.
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No one can exactly predict what will happen in the next few hours but with the current levels if prices obtained on the market, I think investing now will not be a too risky option because the prices are already low and even if it get lower, it will still rise to the level where you will recoup your investment with some added profits.
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I think that many who have not used the "drawdown" of the cryptocurrency market and have not invested in it, will regret it when the market starts to grow again by the end of the year! I think that the current dynamics of the market, when it significantly "sags" from the beginning of the year in relation to the January highs, does not stand out from a number of conventional cyclical phenomena. I see that the cryptocurrency market is cyclical, and, despite the current decline in the market relative to January, if you look in relation to last year, we see the growth of the market! And what do you think, you too, as I see the prospects in the development of the crypto-currency market or think it is a collapse?
I don't see the crypto market collapsing, it is just a downward trend in prices in the market and I believe we will soon be out of this condition. And as regard those who are still sceptical about joining the crypto train, I hope it will not be too late for them latter on because I believe crypto is the future. |
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From my own perspective, I think ethereum has the best technology for now, I hope other Altcoins can come up with an improved technological development. I joined an ico not quite long that planned to have a better technological development than ethereum.
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Well every individual bounty hunter has his or her own expectations concerning bounty campaign. I don't think I will go ahead to boycott a meaningful project with potentials all because they will not pay bounty reward with bitcoin or ethereum but rather with their own tokens. As long as their token are worthwhile, I will go for their bounty.
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There were a lot of profitable bounty in the last year. In the first half of this year, we can still find some potential bounty, but since the second half of this year, I have found that the bounty in the bounty section is getting less and less. More than 90% of the bounty is disappointing, I don't see any revolutionary projects.
This is a manifestation of the decline of the market. It seems that ICO model has been difficult to finance enough money now, so these ICO-based bounty, the risk of not paying is also getting higher and higher.
It's hard to find a satisfying bounty /ico now,how long do you think the bounty can live?
I really share your sentiment on this very issue. Gone are the days when doing bounty is very profitable but all we see now are just crumbs. It is either you enter into a scam ico which are everywhere or participate in the few good one but as soon as they hit the part, it is a different story from what was envisaged. I hope new era of profitable bounties will come again. |
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It is not only ethereum that affected by this fall, even bitcoin and other altcoin are also sharing part of this market condition but as I see it ethereum has been majorly affected but ethereum is a very good coin just going through some hard time and I hope it come out of it as soon as possible.
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From my own perspective, decision to either hold or exchange it will be dependent of type of token I receive. If it is a token I believe it has some future prospect I would prefer to jold such but if it is one of these casual coins, I will trade them without any hesitationl
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I am also confident that thing will improve, its only a matter of time. Although this bear bear is really discouraging especially to those who are just joining the crypto train but I believe the most latter part of the year will give us something to be happy about.
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It is a very unwise action to make any decision under panic. Personally I have not make any decision under panic in crypto because it will definitely lead to regrets. Whenever the market condition is unpredictable, it is better to keep calm to be able to decipher how things will go in other to make the right decision.
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