Is it ok to lock your bounty for 4 months

[judeafante]

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

[cryptolove.143]

If it's part of their strategy then you can't anything about it

[anjohyx]

I guess that is project owner decision to lock the bounty tokens and maybe to protect their token price, maybe they have mentioned in whitepaper or roadmap, by the ways, I don't think we can do anything and just keep follow the project update, wait for 4 month and then sold it if project still alive.

[macshad]

Its definitely not ok especially if there was nothing said about locking the token before or after listing and i think something should be done about it and done fast, it there it was part of the rule from the beginning of the project then anyone interested would still join the project, I participated in one project like that since last year and they dont even have exchange yet talkless or listing and now suddenly after the bounty ended they made up a rule to lock up the token for 3months after the first listing and we dont even know when dey plan to list

[CryptoBuds]

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

Well, as for me it's not ok, but locked rewards is pretty usual thing and there are few more bounties around with the same approach... It's a bear market and every founders tries to do their best to defend the project and prevent fast dump.

[SlimShadyMmp]

It a strategy the deploy I had some tokens that later change their contract and then did offer us any way to renew the old one just had to discard it So locking token is much more easier and you should just focus more on when they unlock it and the process of the unlock

[masterrex]

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

I think thats unacceptable!"first they dont include it in the first place on the official Bounty Thread to inform the possible participants" revising the rules on the latter part of any bounty is betraying of trust how can we trust them if they dont follow a simple agreement. Thats the whole idea, if there was a note saying that the team or Bounty Manager has the full authority to revise all the condition therein will thats a different story" If not thats a conflicting action and a form of Abuse. 

[Pab]

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

I am in similar situation
I have been working with  some project almost half month
Now it is third month from time when bounty has to be paid
But in that case there is real reason why it is not done yet
You have to know what is real reason behind delay

[Olayinka225]

I think it's part of the strategy some project managers used by some project to prevent from early dumpers from bounty hunters. And thus, it must have been mentioned in the whitepaper or the roadmap that the token will be locked for a certain period of time and that time must be due followed. And mind you, one must also know when the unlock period will be so as to avoid been dumped onto.

[danherbias07]

There might be a good reason to it.
Have  you tried to ask in their telegram page or whoever their customer support is with bounties?

I bet this could be a way to protect the value of the token since mostly they are being depreciated when they are listed into one exchange. Whatever exchange would it be. Even the most widely used or the smallest one.
Better let them clear this kind of questions.

[debby070]

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

That means that they are too much concern for the price of their token, they took it much long in order to ensure that it can be traded in a reasonable price and avoid it to be just being garbage in the bear market.

[GatotKaca]

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

yes it's possible they are waiting for the right time to enter the market. it is possible for their problem to never mention that they will lock for 4 months during the prize period because so many bounty hunter enthusiasts join in it.

[Tony116]

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

That means that they are too much concern for the price of their token, they took it much long in order to ensure that it can be traded in a reasonable price and avoid it to be just being garbage in the bear market.

Exactly. It's much better than if you don't get your tokens at all or they'd become worthless straight after the first listing. I had experience with such projects before and most of them had a pretty good performance in relation to others which didn't lock tokens at all.

[lifesgood10]

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

I think is quite recent and policies of recent projects, but are you sure you were not pre informed about the bounty slash ?

I think it’s okay if bounty payments are in parts as long as they are not gonna disappear before the completion of their duration

[normanz]

I think it is a policy made by project makers because the market conditions are very bad. I think you need to be patient to wait for the time you can sell it.

[pidie]

In my opinion there are two sides to the perspective of locking prizes for 4 months.
1. They lock coins because they are worried about falling prices so they are waiting for the right time to exchange their coins.
2. sometimes they are negotiating with the exchange to be able to exchange their coins at a relatively expensive price.
this is according to my understanding.

[go4crypto]

The lockup period may be longer than most others but is not unusual. Lockups are becoming more common in this weak market since so many tokens are trading below their ICO prices.

[semobo]

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

If you are participating in the bounties then you need to agree all the terms and conditions of them so just wait until can trade it. But if you think it is unfair to do then never join on the bounties and make altcoin payment other than tokems by themselves.

[#Darren]

If they are not live on exchanges and are still in the funds collecting stage that this is not surprising. Maybe they have postponed their ICO and have decided to postpone the bounty programme as well. Do not need to worry I hope.

[rijaljun]

Locking tokens allocated to bounty hunter is actually good both for bounty hunters and the project. It can avoid a project from dumpers which mostly are bounty hunters. Also, bounty hunters who are only want to sell projects' token as soon as they received the bounty payment will be decreased, and the bounty will be only for them who are really believe in the project.