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Author Topic: Bounty Money  (Read 13612 times)
Someone47 (OP)
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July 30, 2017, 08:30:57 PM
 #1

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.


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July 30, 2017, 10:33:08 PM
 #2

But you haven't even been here a few years? Lol
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July 30, 2017, 10:40:30 PM
 #3

But you haven't even been here a few years? Lol
That makes the OP's statement looks pretty ridiculous.  Roll Eyes

There a thing makes the bounty hunter gets a lot of money. Since the project become successful and raised a lot of money. remember there are some project that has putted a lot of money to be the bounty for advertising its project.

I remember someone from amber coin reach over $33k from bounty and populous.

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July 30, 2017, 10:43:20 PM
 #4

But you haven't even been here a few years? Lol
That makes the OP's statement looks pretty ridiculous.  Roll Eyes

There a thing makes the bounty hunter gets a lot of money. Since the project become successful and raised a lot of money. remember there are some project that has putted a lot of money to be the bounty for advertising its project.

I remember someone from amber coin reach over $33k from bounty and populous.

The thing that makes bounty hunters get a lot of money is having dozens or hundreds of accounts and spaming useless posts.

I wouldn't mind all the multi accounts if people would actually write something constructive but it seems the campaign managers don't crack down much on post content and only look at basic metrics like subforum posted in, number of posts per day or number of posts within a timeframe.

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July 31, 2017, 01:30:11 AM
 #5

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.

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July 31, 2017, 01:58:32 AM
 #6

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.
so true. Usually bounty hunter after receiving the payment they do not care about the price of the coin, Whereas the coin actually has a good future.

But they do not care about it.
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July 31, 2017, 01:59:31 AM
 #7

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.

The complexity associated with holding different coins securely dissuades me from holding too many coins, even if they were received as bounties. Best to stick to a few coins and convert the remaining as soon as you receive them.


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July 31, 2017, 07:40:37 AM
 #8

It may be possible for spammer bounty hunters but there is also a risk that you will have tokens worth nothing after years.
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July 31, 2017, 07:51:10 AM
 #9

well I'm a hodler and I always keep my bounties in original shape Cheesy
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July 31, 2017, 08:38:04 AM
 #10

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.
Agree there are more of the bounty hunters sale their coin when they see that it's listed in exchange and do not wait for that long, we cannot blame them because there are time that they  need their money immediately, but they are wasting the opportunity too earn more .



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July 31, 2017, 08:48:11 AM
 #11

Some coins are so hopeless that if you decide to hodl them long term, you would be sitting on a pile of poo. Most times the best strategy is to cash in as soon as possible.
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July 31, 2017, 09:09:53 AM
 #12

Some coins are so hopeless that if you decide to hodl them long term, you would be sitting on a pile of poo. Most times the best strategy is to cash in as soon as possible.

Thats right. Cash it in once you got a hopeless coin and turn it into bitcoin. ITs always bitcoin that matters. If you own the tokens on the top 20 of the coinmarketcap, that would be a plus for you to keep. Other than those, sell them for BTC.

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July 31, 2017, 09:26:27 AM
 #13

This makes me want to bring up the question of: How long are you guys willing to hold the bountiful bounties?

Maybe I'll hold mine for the mean time and when I see the market's price is good and enough for me I'll sell it. But I still choose what should I hold for long and short term.
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July 31, 2017, 10:15:18 AM
 #14

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



Yes this is true but a lot of bounty hunters are selling their bounty rewards right after the ICO because they need the money. I only know a few who saves their bounty reward and hopefully they will be millionaires few years from now from holding those coins and tokens.
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July 31, 2017, 11:08:16 AM
 #15

well I'm a hodler and I always keep my bounties in original shape Cheesy

Same with you i am always HODLING my tokens and wait for a good price will come to me i dont want to sell it faster i like holding and long term a few months and year is good to see the price is going up in the future

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July 31, 2017, 11:16:29 AM
 #16

Like the one bounty that I just registered today, It is DeepOnion in just one month the community it is growing fast, They will give airdrop each week to the participants on this project that supports the Tor project initiative.

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July 31, 2017, 11:38:26 AM
 #17

Do you think bounty money is easy to get in the first place? You need to consider if the project fails, you receive nothing! Also, if you have many people on the campaign, you stakes and reward also diminish.

I think to cash out immediately to receive fiat, it is not the best option. Why not wait and see if the token gets value in the future.

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July 31, 2017, 11:53:16 AM
 #18

Not all this is true, Your kept bounty only gains value if the project becomes succesfull and recent trends indicate this is not the case, so the safest way to gain some penny from this bounties you spent so much time on, is to sell them, the moment there is value for it. Millionaire by keeping bounties, i havent heard that yet.
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July 31, 2017, 12:31:43 PM
 #19

I have a lot of experience from the bounty so far. Sometimes the results of the bounty unexpected. I've been through Some failed projects, but also many successful projects.
bounty hunter only the loss of time when the project failed, but so far the results are really amazing. I also hold the result of the bounty when I think this project is great.
 
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July 31, 2017, 12:35:28 PM
 #20

Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires. Cheesy
Thx for bounties! Good jewelry.



That's actually wise for them. However, most of the bounty hunters are not doing that. By the time they receive their pay, they immediately dump them wherever the tokens are accepted for exchanges. They do not have the patience to hold their bounties and wait for quite a while for their tokens to accumulate value.
so true. Usually bounty hunter after receiving the payment they do not care about the price of the coin, Whereas the coin actually has a good future.

But they do not care about it.
Not everyone survives for long. They immediately sell it cheaply. They are not too sorry because it is a gift. Unless they know that the coins they hold will enter a large exchanger like Bittrex or poloniex. They will wait for him.
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