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Author Topic: Is it ok to lock your bounty for 4 months  (Read 21564 times)
apitico
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February 22, 2019, 11:38:43 PM
 #321

This is not normal, but unfortunately the practice of recent months shows that they are beginning to do so more often and this does not particularly please me, since in these few months investors will sell their assets and the price of a token or coin will go to the bottom.

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February 22, 2019, 11:40:49 PM
 #322

I own Liker the coin that was mentioned that is locking the coin til May and it seems a promising coin to me I am on their telegram channel and I see a lot of updates if they unlock it on the bull period we are going to make a good profit from this.
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February 23, 2019, 12:05:56 AM
 #323

A lot of project developers perceive bounty hunters and airdrop participants as one of the major reason to price slump at exchanges and thus include a lockup period for the bounty to forestall it. I think it's wrong and should not be done because bounty hunters are not the major  reason for price slump but Private and Pre investors with multiple bonuses are

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February 23, 2019, 10:17:52 AM
 #324

Get used to my young friend. All projects at the moment are doing the identical. And I can tell you that this is not the end. They can not go to the stock exchange and you will remain unnecessary to anyone wrappers. You should hope that this project is not scam and otherwise you will be sorry for the time spent.
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February 23, 2019, 03:38:48 PM
 #325

Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalk.org/index.php?topic=5061763
Bounty tokens are the same as investors tokens so they locked all tokens not only for bounty hunters. I don't know what is reason to lock tokens maybe they don't want token price to drop after bounty hunters start dumping them, they maybe have higher goals for their project and don't want to risk everyone leaves it early.

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February 23, 2019, 03:51:38 PM
 #326

four months is long considering how will the bounty hunters will react to this. We know almost bounty token that distributed in span of one month but most of them getting dump by the hunters so i think they are just being careful for locking the bounty for 4 months but i don't like that long span days before i get to my bounty tokens unless this token and the team behind is good and dedicated to the project.

aaaamm
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February 23, 2019, 08:16:18 PM
 #327

Each project decides how best they want to run their tokens distribution. Some decide to lock for longer period of time. The campaign I'm currently working with now locks for a time frame of 3 months I jut have yo decide if I can wait if not then I don't join such campaign.
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February 23, 2019, 08:20:38 PM
 #328

I have a lot of Tokin who I can not exchange. Each project pulls and changes release dates so this is normal. If the project pulls time with the release.

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February 24, 2019, 12:33:09 AM
 #329

That's where some of the team fail, to give proper information as regards terms of Bounty. The lock up should have been stated in the first place. As it is, there's nothing you can do than to wait.
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February 24, 2019, 12:35:44 AM
 #330

I personally do not see the need for the lock up because at the end if all, hunters who want to dump will still dump the token. Besides, it's quite bad to not state the lock before starting bounty.
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February 24, 2019, 12:51:58 AM
 #331

lock token is one of the team's strategies to avoid possible locking tokens to avoid dumps from investors and bounties .. in my opinion that's fine ... try to see the boltoncoin project that locks bounty participants' tokens for 6 months

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February 24, 2019, 06:00:29 AM
 #332

In recent months many ICO projects have locked coins for prizes. And this is very disappointing for Bounty participants. But we also have to know the reason why they locked Bounty coins for a very long time. This is done to protect the price of coins to remain stable and there is no dump.
No matter how long they lock bounty, if their project is not strong and no one invests, I always believe that the project will fail and die soon. In fact I have seen a lot of similar projects and now its price has dropped more than 50 times

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February 24, 2019, 06:12:23 AM
 #333

I think with a situation like in 2018 the price of all coins fell. So that many ICO projects make policies, so the price of ICO coins does not collapse. I also got a token and put my wallet in, but I couldn't sell it because they locked my token. We must be patient because if the market conditions are good, of course, they will open the lock.

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February 24, 2019, 06:36:51 AM
 #334

why not. it depends on the project of corse. if you dont believe in the project, it is probably not good for you. but if you believe in the project and if you believe that project has a good future, 4 month is not a big deal.

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February 24, 2019, 06:55:29 AM
 #335

Its a good idea made by the team for the best of the coin thats is keeping it safe from bounty hunters so they ndo not dump and making the price not worth it so its very much ok to lock bounties
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February 24, 2019, 07:08:42 AM
 #336

If the rule has been mentioned at the beginning of the campaign, I think it's fine. As long as the project continues to grow, I think locking tokens is not a problem. After all, the average ico token after release in the market is actually far from the price of ico
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February 24, 2019, 07:14:54 AM
 #337

There are more interesting cases. For example, for me, one project has not been able to even pay tokens for about a year. SCAM deny - but not paid. And in your case, if warned - this is normal!
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February 24, 2019, 07:29:24 AM
 #338

A lot of ICO projects do that because of bad market conditions, so that I do not see any bad things in that. Keep calm and work further.

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February 24, 2019, 07:40:42 AM
 #339

I seriously don't think right Lock bounty tokens for 4 months but most of this projects just feel we dont offer them any real value which is a lie so they keep treating us anyhow, most of all this projects from late 2018 have been locking up bounty rewards, like the one percent allocated for bounty would have any real dumping effect on the price
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February 24, 2019, 08:23:09 AM
 #340

That's was a smart way to keep the value of the token far away from death. but we must to analyze as well.
locked token it should be give benefit, ie; will give dividend to all holder, and something like that. so there's not be worried for all bounty participant.

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