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Author Topic: Is it ok to lock your bounty for 4 months  (Read 21564 times)
Danda23
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February 03, 2019, 10:25:07 PM
 #141

Personally i do not like it. I should be paid after my job is done as a bounty hunter, but if it is their policy to lock the token, then we do not have an option but to wait till the token is unlocked.

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February 03, 2019, 10:34:50 PM
 #142

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 don't see any need for you to complain, or do you plan of dumping the tokens prematurely as soon as you get paid? No ICO will be happy paying tokens to dumpers. You have to help them in sustaining the project by holding some tokens at least. If everyone dumps, the project may crash.

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February 03, 2019, 10:46:25 PM
 #143

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

Every project has their own strategy and locking their token to a specific time frames is one of it. I think we can't do much about it as bounty Hunter all the more to the investors who put money for the project.

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February 04, 2019, 04:30:41 AM
 #144

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

Many ICO projects are applying this way to control the amount of token sell in market and I see it is not fair for bounty hunters who see this job as their main job

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February 04, 2019, 04:39:52 AM
 #145

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
The part that I don't think is OK is the part where they never mentioned the lock up period it's always sad knowing that project change their bounty or ICO token distribution and listing after their ICOs that's quite bad it's good all rules gest stated from the onset. All you need do is wait it out there isnt anything else you can do about it.
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February 04, 2019, 04:49:01 AM
 #146

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
You generally need to rejoice that you have received at least some kind of token in your wallet, which may sometime be of some value. Now, many ICO teams deliberately suspend payment to bounty hunters of earned tokens, fearing that they will not just fall in price on the market, but will be devalued thousands of times. Therefore, in this period of such a long period of stagnation of the cryptocurrency market, blocking the movement of tokens in the wallet so far is considered an acceptable action by the ICO team now, however, it is certainly not normal at normal times.
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February 04, 2019, 04:56:37 AM
 #147

They might scam you after that long 4 months! So, you have to open a scam accusation before they ruined your life by turning to an exit scam of the bounty.
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February 04, 2019, 05:05:30 AM
 #148

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
The ICO team has the ability to block the tokens sent to us in our own wallets, and I myself have come across this more than once. Of course, this is not a normal phenomenon, each bounty hunter should have free opportunity to dispose of the received tokens at their discretion. However, one must take into account the current state of the cryptocurrency market. It would probably be better to have a valuable token after a certain time than the freedom to dispose of the discounted token now. I still admit such blocking, I still consider it inappropriate to sell the received tokens at such low prices.

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February 04, 2019, 05:27:11 AM
 #149

I guess that's the way to prevent huge dumps ,many bounty hunters only care about the money they make not how good the coin or token is so they always dump but if dev knows what he or she is doing they can limit the dump by releasing half of the tokens and the test later on

The Cryptologist
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February 04, 2019, 06:01:07 AM
 #150

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 heard situation like this before and it does not really sound good for us bounty hunters. I think 4 months is bearable compared to others who has not received their bounty for a year and still waiting for the time of distribution. Lock-in periods are popular these days because of current state of the crypto assets.
yarelydiaz
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February 04, 2019, 06:05:53 AM
 #151

Any action regarding the freezing/blocking of tokens is in the interests of the company and is correct. Accordingly, any action in the interests of the company has the highest priority. What's the point of getting a token after a bounty now if its price quickly drops 10-100 times? Wait 4 months, there is nothing terrible in my opinion. (Do not be so selfish as to put your own interest as a bounty member above the interests of the company).

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February 04, 2019, 06:56:21 AM
 #152

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 this is right, need the development of the project, reducing their shortcomings. In the meantime, everyone is just chasing profits, so wait a bit and I think you even change your mind about selling.
Lolox
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February 04, 2019, 07:17:27 AM
 #153

Many Bounty projects currently lock tokens due to collapsing market conditions. And they can only sell tokens to keep prices high. And 4 months I think it's a long time and you have to be patient. Because I'm sure it's very good and tokens have great potential.

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Augustyusuf
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February 04, 2019, 07:19:33 AM
 #154

locked the token is the safest way to secure the value of token itself from dumping, maybe they prepared the long term planning for the token itself, so the team doesnt need to rush enter to exchanger and traded the token.

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February 04, 2019, 08:13:40 AM
 #155

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 they locked Bounty Token is to protect their investors, although I do not agree that bounty hunters are the reason for prices to fall, but the reality that has happened so far.

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February 04, 2019, 09:31:32 AM
 #156

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

You know mate, it's kind of funny that most people here would tell you that four months is not even long enough. For many other investors, some even plan to lock up their coins up the north of a year or two years. However, I think the investment landscape is changing in the cryptocurrency market these days. If super-dragged out long term investments worked before, the market now is more inclined to having medium to short term investments that can go for a couple of weeks to some few months because the market landscape now changes so quickly that having a dragged-out can be too risky more than gainful.
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February 04, 2019, 09:34:34 AM
 #157

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
Some tokens are locked because the product of that project might not be ready for the market. In situations like this, the team of the project fear the tokens may be dumped, hence they prefer to lock  the tokens till the product is ready which will create more demand for the tokens irrespective of the dump that may follow.

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February 04, 2019, 09:41:04 AM
 #158

Locked periods are very popular lately due to the current state of cryptic assets. I think 4 months can be borne compared to other people who have not received their gifts for a year and are still waiting for distribution time.
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February 04, 2019, 10:30:46 AM
 #159

almost all bounties like that. they hold their coins until the time limit they set. do you know Karma bounty? the token is already in the wallet. but they still locked the token until their ico was finished. so it does not matter if in the lock. and you can't do anything

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February 04, 2019, 10:41:24 AM
 #160

It is quite possible, with the help of a smart contract you can do a lot of things and it seems to me that this is not necessary, because tokens will not be dumped by bounty hunters!
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