nebuch
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January 30, 2019, 05:53:21 PM |
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Somehow it is necessary to implement due to market deep deep down prices. It is difficulties for the developer because the market condition could be the unforseen part of their project. Probably they just want to have the best result as soon as possible unfortunately to come up to that decision-making is a must to protect their project dignity. The existence of the project is more important than bounty tokens. Meaningless to distribute if the project will be dead soon.
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longlivecapitalism
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January 30, 2019, 05:53:43 PM |
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For me, this is not okay. Ask yourself this, if you were employed by someone, would it be okay for them to be able to lock your salary for months? I don't think so. These practices, however, are being allowed by certain bounty hunters who accept to work under these circumstances. If bounty hunters refused to work on cases like these, then these practices would cease. So, my advice is to find a better coin or ICO (or anything else) to work for.
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Caladonian
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January 30, 2019, 05:58:54 PM |
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Somehow it is necessary to implement due to market deep deep down prices. It is difficulties for the developer because the market condition could be the unforseen part of their project. Probably they just want to have the best result as soon as possible unfortunately to come up to that decision-making is a must to protect their project dignity. The existence of the project is more important than bounty tokens. Meaningless to distribute if the project will be dead soon.
The problem with that, bounty hunters don't have any rights to decide with their supposedly payments by doing their jobs, it's not good as developers should expect any market conditions and allocates enough fundings for future developments. The bounty rewards that already been distributed should be freely trade or hold by the hunters and not being freeze by the team.
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kramchers
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January 30, 2019, 06:06:50 PM |
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It is on the decision of the TEAM ICO so we dont have a choice but accept the fact. Though i will consider it as better option than waiting for the payment that reach more than 2 month. It is a ease to have our tokens on our wallet.
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mdzahed134
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January 30, 2019, 06:22:05 PM Last edit: January 30, 2019, 06:32:41 PM by mdzahed134 |
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It's old topic and Similar thing happened with me in some projects. Token lock is actually dev decision. Although Sometimes locked only hunters token and dev trade in exchange their own reserve token this is benefit of investor and project team both are dominate price. 4 months is massive and i think team is not prefer to launch their project right now in this bearing market.
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Koadharber
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January 30, 2019, 06:34:48 PM |
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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=5061763Tokens lock for 4months is not ok mate but if that is their decision we cannot do anything and wait for it when it can be traded,I understand them they want to protect their investor's investment and they are scared that Bounty hunters dump their tokens.
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khufuking
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January 30, 2019, 06:35:53 PM |
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I know that sometimes it is a part of the strategy but if that is the case it should be mentioned from the start I think hiding this kind of information from bounty hunters should be marked as shady behavior. There is some bounty running right now that have this kind of strategy but all of them are announcing that openly and making sure that everyone is aware of it. Sadly there is nothing you can do your only move is to gather some participants and try to have a talk with the bounty-manager and reach a middle ground and if this didn't work, try to take the matter with your own hands and go speak with the ICO team directly (but make sure you have participants backing you up).
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forexandcryptoauditor
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January 30, 2019, 06:45:44 PM |
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For me, bounty rewards we are getting is for our efforts we put in. It's not our investment. So although tokens are locked for say 6 months, it doesn't matter at least for me. I would like to wait until value of the tokens I hold turns into a amount which I can say a good amount. Now a days I see every ico after listening to exchanges drops more than 60%. of it's original value. So in such situations we don't have a choice to wait or sell the tokens for few bucks which is not worth of efforts we put in.
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capableuwa1
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January 30, 2019, 07:52:06 PM |
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It is absurd this days to see how most project in the space threat Bounty Hunters. During the campaign they threat Hunters like King and Queen that they are and after the campaign they decides later to include one funny rules that was not and never part of the whole deal and if you ask the answer is always been referred to the fact that they can always change the rules anytime. Hunters deserve the best and 1-3% of the total Supply won't in anyway affect the price of the token in the marketplace.
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hacker1001101001
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February 01, 2019, 07:38:43 PM |
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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=5061763Yes, 4 months is so long period of time. But the project will work as per the developers, so yes definitely you have to be more patient.
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stefany101
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February 01, 2019, 07:45:39 PM |
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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=5061763I think it is good if the management team will lock their token/coin for that period of time, if they have a plan for their project, in order for them to provide a better outcome or future to the users of their token/coin. But if you are a bounty hunter and you really need funds, then you will be upset for it but just understand it if their goal for doing it is to provide better services to it's users.
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defoman
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February 01, 2019, 08:24:05 PM |
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I think this is the right step. Many projects are increasingly began to do so to bounty hunters did not lower the price of the coin, and investors had a chance to earn. It may not be fair to bounty hunters, but project managers know better what measures are needed to develop the coin.
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bohboh
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February 01, 2019, 08:45:38 PM |
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Though, this is not OK on the side of the bounty hunter because they have deprived us from trading our rewards but the project administrator believe that the idea is to cub dumping of the token in market. Therefore, we have to take it as our faith and keep hoping for good time.
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Rostock
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February 01, 2019, 08:53:26 PM |
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During this time, I think that investors will start selling their tokens and their price will still fall, so for bounty hunters it will be bad.
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voxdu12
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February 01, 2019, 08:57:19 PM |
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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 And what's wrong with that? This is a very correct decision in such a market so as not to drop the price at 0 finally
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rozak
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February 01, 2019, 09:02:36 PM |
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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=5061763it's been common to see most projects taking action like this , because they don't want token prices directly dump by bounty hunter , actually this action has a positive too, while walking the roadmap it will be difficult to be dump in the future
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Jadesola
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February 01, 2019, 09:10:22 PM |
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If it will he'll help the price of the project to appreciate why not, but not mentioning that from the beginning is what i do not support.
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Sanford
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February 01, 2019, 09:16:48 PM |
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My friend, you are a high rank. You must understand everything. Scammers or not so easy we can not find out. Of course, any project has the right to block tokens or something else. However, this will not give you the answer.
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nlaara12
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February 01, 2019, 09:27:38 PM |
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If that is the decision of the developer and the team then is not a bad idea if it will help the value of the project to appreciate, it is one of the way to sustain Tue price of a project now.
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creeps
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February 01, 2019, 09:35:00 PM |
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For me, this is not okay. Ask yourself this, if you were employed by someone, would it be okay for them to be able to lock your salary for months? I don't think so. These practices, however, are being allowed by certain bounty hunters who accept to work under these circumstances. If bounty hunters refused to work on cases like these, then these practices would cease. So, my advice is to find a better coin or ICO (or anything else) to work for.
Its your choice to participate or not, but mostly you are being informed about this but if its not then there’s a problem. Bounty hunters should take responsibilities on choosing a campaign and ask everything to the developer before you participate. If they lock your tokens, maybe they just want to make sure that you will be part of the project even after the exchange listing.
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