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Author Topic: Huge tokens during Bounties  (Read 91930 times)
Mikcik
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January 23, 2019, 07:19:05 PM
 #601

I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.
I sold my first bounty tokens for 1 BTC and I was so happy about it. That was translating. But I hold some bounty tokens 'till now, waiting for pump. Actually some of projects give rewards to the holders.

You're lucky and smart, I wasn't like you, I was too greedy and thought that the token from my bounty would continue to increase. That's why I keep holding them and now it's almost worth a few dozen dollars
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January 23, 2019, 07:30:22 PM
 #602



Some participants gets more than just they ask. If they hold it longer to wait for the price to rise up, they may be able to profit more. But this is if you see the team is working hard for their promises.

There was a time I got about 4M tokens because I work for the team, the price isn't so good but then one day it hit more than 200 satoshi.

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Glorious04
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January 23, 2019, 07:34:58 PM
 #603

I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.
It still depends on the value of tokens folk. It doesnt matter if you posess less in quantity but the value is high than posess in millions and yet the value is smaller than the other. It depends also on the potential of the tokens, f it has a chance of growing in value.

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January 23, 2019, 07:35:53 PM
 #604

80k tokens might be nothing. Received as well millions, with total price of 100$.
Quantity doesn´t matter in this case, only quality. Of course if quality is good and price will go up quantity will matter
semobo
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January 23, 2019, 07:43:44 PM
 #605

Stop participating on the bounties with no good team and you are just participating because of the number of rewards per week is more you need to understand that the number is more but the value will be very very less when it enters into the exchanges so don't choose any bounty to participate and this criteria. For now I don't support any want to join and the bounties wait for the bull run.
Atheneum Blockchain
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January 23, 2019, 07:46:32 PM
 #606

  Do you think that bounties ultimately devalue a currency since people will tend to liquidate their reward?
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January 23, 2019, 07:48:56 PM
 #607

Why do you estimate payout without any dependance on token price? Token amount isn't that important if price is too low. Speaking about high payouts, I haven't received it yet. 6 month in media protocol signature is something hard)
dutechman
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January 23, 2019, 07:55:29 PM
 #608

With current crypto situation, I don't buy into the idea of distributing huge tokens for the bounties. The tokens will just be in quantity and not in quality. The moment the token is listed on exchange, if there is a huge dump, it will utterly affect the efficacy of that token. If token is not much but with a good quality, I prefer that.
Nowadays, some bounties decide to reduce their tokens at the end of the bounty, for example Bitdepositary change its token to BDT coin by reducing it by a factor of 6. Likewise. Quality is more important than quantity.

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Cloud_miner
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January 23, 2019, 08:06:07 PM
 #609

I think that now there is not a single Bounty company in which participants could receive large rewards, most likely this situation may last as long as two or three years, until a new bull period begins and Bitcoin again exceeds the level of 20,000. Although it is possible that in two years it will all look completely different than now.
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January 23, 2019, 08:09:27 PM
 #610

I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.

It may be because only few members might have participated in that bounty campaign. It happens sometimes like that. Usually bounty hunters participate only in bounty campaigns managed by reputed bounty managers and the campaign you were talking about might have been managed by any newbie.

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papagravel
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January 23, 2019, 08:10:39 PM
 #611

What else can he do with a reward? Of course, sell it. If a person is stupid, he will sell immediately after the end of the bounty campaign. If a person is smart, he will wait for the price growth and sell his tokens for a little bit so as not to cause a strong price drop.

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Atheneum Blockchain
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January 23, 2019, 08:18:27 PM
 #612

Bounty hunters getting more tokens always depends on the bounty pool allocated for that specific campaign. People who sometimes participates in signature campaigns gets so much tokens. When it happens this way they sometimes dump the coins and make those who have less coins have no value in the coin they are hodling.

Yes - 100%
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January 23, 2019, 08:25:11 PM
 #613

I have many tokens and even thousands and the price is very cheap. I have sold it 50% and the result is only a few dollars. All certainly see from the potential of this token and may have to be patient and wait for a long time.

Do you personally see more merit in holding a lot of a token with a high supply or less of a token with low supply?
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January 23, 2019, 08:53:31 PM
 #614

No matter how many tokens you have for from bounties - if there is no liquidity for this tokens - so you will never sell them and you worked for free.
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January 23, 2019, 08:58:09 PM
 #615

No matter how many tokens you have for from bounties - if there is no liquidity for this tokens - so you will never sell them and you worked for free.
Now many projects do not have liquidity at all, but earlier they were very well traded. so you are not completely objective
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January 23, 2019, 09:10:17 PM
Last edit: February 05, 2019, 12:07:19 AM by serejandmyself
 #616

The account was hacked between 29.01.2018 and 04.02.2019. All posts made during this period were not made by me.

Please see this topic:

https://bitcointalk.org/index.php?topic=5106030.msg49582645#msg49582645

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January 25, 2019, 12:23:24 AM
 #617

That was the decision to make on the bounty hunters. We have no control on it on how will he spent it? or he will just hold it. Because its his earning. We must mind our own business and just continue doing bounty campaigns without being jealous on the rewards of the other bounty hunters.

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January 25, 2019, 01:00:38 AM
 #618

I think their goal is only to get tokens, and to sell them, make them their country's currency, maybe this is a factor in their life needs and in my opinion there's no harm in selling it because it's all their right because it's their job from the project mission to get tokens. but not everyone sells everything and some people hold him to wait for a better price in the future.

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January 25, 2019, 10:06:04 PM
 #619

I think their goal is only to get tokens, and to sell them, make them their country's currency, maybe this is a factor in their life needs and in my opinion there's no harm in selling it because it's all their right because it's their job from the project mission to get tokens. but not everyone sells everything and some people hold him to wait for a better price in the future.
Well, in this market there are very few people who are waiting for the growth of tokens, now usually after receiving tokens they are immediately sold without waiting for growth

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January 25, 2019, 10:19:21 PM
 #620

80k tokens might be nothing. Received as well millions, with total price of 100$.
Quantity doesn´t matter in this case, only quality. Of course if quality is good and price will go up quantity will matter
Yep. Not to mention, some exchanges support sub-satoshi prices of coins. It could be worth less than a dollar, even if it's traded.
Although most ICO-s nowadays fail to reach an exchange.

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