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Author Topic: FIAT rewards for bounty hunters.  (Read 1594 times)
duryum
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August 19, 2018, 01:00:49 PM
 #281

It is anything but a terrible thought, in spite of the fact that I believe it's more advantageous for financial specialists to keep paying in tokens than in fiat straightforwardly, in spite of the fact that in the event that it would take care of the issue that you specify that the landfill scarcely turns out in return, recollect that abundance seekers can likewise be speculators and many partake to get great pre-ICO tokens that their esteem is much lower however can achieve a substantially higher esteem.
zacad
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August 19, 2018, 01:04:17 PM
 #282


Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.
I agree with you that bounty hunters know more about ICO than ordinary investors. They know clearly which ico is true, so they will have their own choices after winning the prize. if they think there is a potential token, as a qualified bounty hunter will not easily lose it.

Mr.Eddies
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August 19, 2018, 01:11:24 PM
 #283


Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.
They don't have FIAT to pay bounty hunters, that's the problem. The point of ICO to raise FIAT for their project. I doubt the one leading ICO want to make their own token not adopted by using FIAT to pay for bounty.
kkont96
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August 19, 2018, 01:13:49 PM
 #284

You have a good and partly correct opinion, but not all so. If the bounties are paid for by real money, this is also unprofitable for the ISO team, because they are collecting money for the development and promotion of the project. None of the projects will want to do this  Wink
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August 19, 2018, 01:14:22 PM
 #285

Fiat won't be paid for bounty hunters. Almost every bounty used to pay in terms of their own respective tokens. The tokens can be converted to fiat after it gets listed to the exchanges. This is a long process, for which the token need to be converted to bitcoin or ethereum and then needs to be cashed out.

izay
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August 19, 2018, 01:18:21 PM
 #286

FIAT rewards for bounty hunters is not suitable for this kind of industry. The ICO who conducted the project would not probably agree with this. Fiat has its fixed value unlike tokens which are unpredictable. 
ridho002
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August 19, 2018, 01:23:44 PM
 #287

Fiat won't be paid for bounty hunters. Almost every bounty used to pay in terms of their own respective tokens. The tokens can be converted to fiat after it gets listed to the exchanges. This is a long process, for which the token need to be converted to bitcoin or ethereum and then needs to be cashed out.
After all the tradition of paying a bounty hunter with altcoins is something that has happened from the past and that can't be changed quickly. It would be good if bounty hunter get rewards in fiat, but then a project have additional point in do that. Like, increase the volume of trading activity.
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August 19, 2018, 01:30:25 PM
 #288

I also have problem with listing on stock exchanges. I have coins that have not appeared and are unlikely to get there already. And with every month there are more and more such tokens..

Anone69
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August 19, 2018, 01:53:23 PM
 #289

The idea is very good, but very few cryptocurrency creators will agree with such conditions. Organizations also raise funds to complete their projects, they provide payments to all teams that work for them with their coins.
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August 19, 2018, 01:55:24 PM
 #290


Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

they wont do it, because not all bounty hunters dump the coin after receiving there are still someone who holds them. They need to spread their coin to numerous people so that if they do exchange it there will be a volume in the coin's exchange.
bitcoin31
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August 19, 2018, 01:59:16 PM
 #291

Bounty hunters are really cause of dumping the token because once they get their bounty reward they sell it so the bounty dump. I don't think if the bounty reward is fiat it's not called bounty anymore. Depends to the bounty hunters if they want to sell their token to get fiat or still holding their token.
WildFire.ca
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August 19, 2018, 02:06:38 PM
 #292

I do not think that the projects will go for this. They are collecting very little money. So the maximum that we can get is their coins.

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hakertajniak
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August 19, 2018, 02:50:33 PM
 #293


Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

This may be a good idea. The dump price of the tokens can make investors lose confidence. This way is to prevent that.
Another way that can be used by the dev to prevent dump is by buyback their tokens that sold with cheap price.

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August 19, 2018, 02:58:08 PM
 #294

Your offer is very good, but you did not take into account one thing - no one is absolutely don't care about the bounty hunters. We are a cheap labor force, which is often paid with tokens for two months of work, which cost almost nothing. The situation is critical, but there is nothing we can to do.
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August 19, 2018, 03:01:49 PM
 #295

Of course, in general, it would not be bad to receive money in Fiat or, for example, in official crypto-currencies, but now it seems to me that crypto-currencies are of great value, will have value after the market starts moving up again.
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August 19, 2018, 03:05:27 PM
 #296

In the one hand, it is a good idea, because bounty hunters always dump their coins immediately. But on the other hand, it isn`t a nice idea because FIAT rewards will decrease amount of money for implementation of the projects.
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August 19, 2018, 03:30:57 PM
 #297

I think no one would object if the projects were paid bitcoins for participating in bounty campaigns. Because here the adherents of cryptography gathered mainly.
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August 19, 2018, 03:35:21 PM
 #298

I think that would not be such a good idea to use the money from their pocket or money from hard cap. Because volume is increasing that way and they bring investors also by giving their coins. Better this way for sure.
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August 19, 2018, 03:36:15 PM
 #299


Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

I think it is a good opinion, but projects would not want to do this considering the facts that they are trying to raise money from ICOS for their project, so if they pay with fiats, it affects their income.

and funy enough, most projects do not pay to list in exchange, they still beg for votes.
Lets all bounty hunters wait, work and see what will be decided about this kind of scenario.


very true and that will make the ico development team not happy with the route they took to raise capital
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August 19, 2018, 03:39:18 PM
 #300

because ico teams do not have fiat. that is why they launch an ico. they need money to launch their project. so there is no way to distibute fiat to bounty participants. moreover i dont think they would like to spend fiat for bounties even if they have cash.

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