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1  Alternate cryptocurrencies / Service Discussion (Altcoins) / How long will Bounty hunters continue to be helpless? on: June 04, 2020, 10:46:42 AM
I know that threads would have been created on a similar topic but I think it's time we found a feasible solution to this incessant problem.

Crypto Projects are known to enlist the services of Bounty huntersto make a booze on various platforms that will attract attention to their products, in exchange for their token or another notable cryptocurrency. Through this marketing campaign, new projects aim to get investors and supporters for their idea.

It's unfortunate however that many projects have reneged on their promises to reward users for their contributions. Once the project becomes relatively successful, they begin to give excuses, delay distribution, block hunters who request for payment or even fail to pay anyone.

The common excuse given is that hunters hurriedly dump token after listing thus affecting token price.

Does this justify the unfair treatment meted out to hunters who have worked assiduously for months trusting the team to fulfill their end of the bargain?

Cryptocurrency is supposed to be decentralized but bounty reward is not, what an antithesis?

I will like us to proffer the way forward on this. Bounty hunters have invested their time, mental and physical resources to promote such projects, so they are stakeholders and should have a say.

Your contributions are welcome.
2  Alternate cryptocurrencies / Altcoin Discussion / Do you think the idea of sovereign cryptocurrency is a good one? on: August 05, 2019, 11:55:48 PM
Recently, one or two countries have experimented with cryptocurrency, issuing a national (sovereign) crypto backed by the government of the day, and to serve as a legal tender. We have the cases of Venezuela's Petro (supposedly backed by the State crude oil) and Republic of the Marshall Island's 'Sovereign' (SOV). Some States are also rumored to be getting set to issue their own crypto such as Dubai.
But as we know Bitcoin, the first world acclaimed cryptocurrency, was developed out of a radical scheme to break free of the excessive control of central authorities such as government, banks etc. So if countries should start issuing their own crypto, don't we think it's a ploy to get smart on people and still control our lives and finances using a tool that's supposed to liberate us?

An example comes to mind in the case of Petro issued by Maduro's government. The government restricted people from owning Bitcoin as it was prohibited to spend more than $50 worth of BTC per day. Instead the government wanted the people to adopt and use Petro, dictating what currency people should favor.
So I have reservations for this move. I see it as a ploy for the government to control us. The gimmick is "if you can't beat them, you join them". So if they won't ban cryptocurrency, then they make a centralized crypto, that will definitely infringe on people's privacy as the government would still be able to track how the e-cash moves on the blockchain.

Crypto is a looming revolution, its huge stone is gathering moss, if not now, many countries may buy this idea anytime in the future.

I have been thinking about this for a while now........what do you think? Do you think this would help the blockchain/cryptocurrency industry or not?
As for me, I believe it is contrary to the ideals of the founder(s).

Would you own sovereign cryptocurrency if your government issues one?

What's your take on this?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Bitcoin ATH for 2018 on: May 23, 2018, 09:57:59 PM
Bitcoin price has failed to gather momentum to match 2017 ATH or even follow the predictions of top Bitcoin influencers. So what is your own opinion, a realistic price for Bitcoin before year end?
4  Alternate cryptocurrencies / Marketplace (Altcoins) / Will there be bull run in the market during Consensus conference? on: May 13, 2018, 09:48:52 PM
Consensus 2018 will begin tomorrow 14th May. From past experiences, the market is usually green during and after the conference. I'm expecting the market to pick up this year too.
Do you share this same view or you beg to differ? What will be the market response to 2018 Consensus Conference?
5  Alternate cryptocurrencies / Altcoin Discussion / Exclusion of small investors from participating in ICOs: Good or Bad? on: March 07, 2018, 02:33:29 PM
From recent trends, many great projects have excluded their community members from participating in the token sale as the tokens are exclusively preserved for heavy investors through closed door (private) sales. Some even after promising to conduct a public presale renege on their words. Is this not disappointing? Will an average man be able to participate at all in any cryptographic project if this trend should continue?
I even fear more that project dev/team allow big wigs who bought the tokens cheaply in private presale to dump on excluded community populace at the exchange. Personally, I've missed out of a couple of good projects because of this. So what's your take?
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