Is it ok to lock your bounty for 4 months

[Huntler1993]

Hhhhm it really unfortunate that most project do not make participants aware prior to the start, but i think 4 months is just at the corner. I have a coin which is to be in lock for 12 month and I ask myself what if we never hear from them again.

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[James678]

I participated in a lot of bounties and you know, most of them postponed bounties and payouts. So that's why I think that bounties always pay with delays and I accept it!

[mickey_miner]

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

This sometimes happens, I also participated in a project that blocked tokens for 4 months, but in my case, bounty hunters were warned about this in advance.

[Betwrong]

~This can be problem, but there are ways to prevent dump and bounty huters form selling all tokens all at once.

No, there can't be a problem. I had explained that already in my previous post:

https://bitcointalk.org/index.php?topic=5103256.msg49848985#msg49848985

And I'm going to stick with my opinion unless you show me a bounty campaign that allocates at least over 5% of the total supply of tokens to their bounty. There are no valid reasons for locking participants' bounties for months, in my opinion.

Well for exchanges that have low liquidity the price can change drastically with just small amount of sold tokens.

I'm not talking about BTC/USD value of the tokens, but rather about the percentage of tokens allocated for bounty campaign. Selling much less than 1% of all tokens (0.17% in the OP's case) can't make a big impact on the price regardless of the BTC value of all tokens in circulation.

Also not all the tokens are released immedeately. Investor tokens are usually released first, then bounty hunters. The team member tokens are sometimes locked for some period of time (few months).

I'm not sure if this is true even in some cases, let alone always. Isn't the point of this thread to say that it's bounty hunters who receive their tokens last, not the team members?

[CoinEraser]

I participated in a lot of bounties and you know, most of them postponed bounties and payouts. So that's why I think that bounties always pay with delays and I accept it!

You're absolutely right, this is currently the actual situation and about a lock of the bounty token i wouldn't get upset. You can be happy if you get paid at all at the moment. Most of the time you get nothing and a lock of the bounty token for four months is not really bad against it. So don't get excited about something like that and rather be happy that you got paid at all and if you're even luckier, the tokens might even be worth something. That's a lot more important than the four months of waiting. 

[gabmen]

I participated in a lot of bounties and you know, most of them postponed bounties and payouts. So that's why I think that bounties always pay with delays and I accept it!

You're absolutely right, this is currently the actual situation and about a lock of the bounty token i wouldn't get upset. You can be happy if you get paid at all at the moment. Most of the time you get nothing and a lock of the bounty token for four months is not really bad against it. So don't get excited about something like that and rather be happy that you got paid at all and if you're even luckier, the tokens might even be worth something. That's a lot more important than the four months of waiting. 

Well we're talking about people here making efforts to promote a project. It's similar to having a stake in an ico so for me, it's non negotiable and they should be paid what they're promised. And icos don't automatically have value so hunters risk wasting their efforts for nothing. Having a lock for 4 months may make them lose good chances of converting at a better rate.

[marketone]

Some time I used to wait for more than 1 year and it is completely based on the developments they do and progress about their developments. Some bounty people failed to hold them more than 6 month due to because they want to make fast money from the earning they got from the bounty.

[pealr12]

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

Thats the decision of the team, sometimes they lock the tokens of the bounty hunters  to maintain the token price.  There is a good reason why some project do it ,they want to prevent bounty hunters to dump thier coins.

[shoreno]

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

Thats the decision of the team, sometimes they lock the tokens of the bounty hunters  to maintain the token price.  There is a good reason why some project do it ,they want to prevent bounty hunters to dump thier coins.

Im a bounty hunter and i dont dump my token instantly as soon as i recieved it on my wallet  . instead i hodl it for a long time in the hopes of earning huge income in the future  .  im sure that most bounty hunters out there are just like me   .  there is no reason for the ico owners to be afraid because their coin wont get dump easily  .  locking the token can only cause issues because we will think that the ico is shady  .

[btcyoda]

I don't know honestly.. I've faced the same issue one month ago when i got involved into Eosex Bounty compaign...they did the same move and that is freaking bad about a good project acting in a shitty way just like that. Hope that waiting will be worth it..

After participation nothing is in our hands we have to move according to the situation of dates and time when they are going to send the bounties. Once we are joining their bounty campaign we are agreeing to changes made by them until we get payments from them.

[zikabra]

Definitely not! If you are ready to lock your bounty for 4 months, then I am not ready to do that! I believe bounty shouldn't be locked in either way!

It is not ok to lock bounty for 4 months because projects should pay participants after ICO, doing some job no matter how small it is should be payed after job is done, company which doesn't pay for 4 months usually ends up on TV. I can agree on locking tokens for 4 months or until project goes to beta phase or released, but in investors and bounty hunters wallets.

[Thanasis]

Definitely not! If you are ready to lock your bounty for 4 months, then I am not ready to do that! I believe bounty shouldn't be locked in either way!

Even if you are not okay with that you couldnt do anything about it because you agreed all the terms while joining on bounties so they can reserve your bounty pool just like everyone else to avoid dumping.

[adrianto1995]

It's probably ok
Many projects do something like this to prevent price dump because of bounty hunters itself, you can't do anything because is their rule.
Maybe after the token unlocked price will already higher and then you can sell your tokens at a higher price... 

[elitemobb]

Of course, this is not fair for the participants, I think if tokens are blocked by time, then it is necessary to initially warn participants about this. But in another case, it is unthinkable since participants expect tokens at a certain time and for such projects should be punished.

[tukagero]

If locking the bounty for at least 4 months has a good reason then why not. But sometimes once the coin is listed on an exchange the price goes down , and after 4 months token price get worst. So bounty participants will get small reward if thats the scenario.

[xclusiveguy]

I guess it is OK because the developer of the project is trying to secure investors profit due to the massive dump that do occur from bounties participants, To me it's OK maybe perhaps they might reduce it to 3 months

[Arkham Knight]

It's obviously not okay for me and I know most of the bounty participants feel that same way too. But with the current situation that we encounter with bounties these days, what is the difference anyway. I also doubt that there is a chance that you can sell your token for a good price so there is no reason to fight for it.

[Btc_1856]

If a company has a very good reputation and are actively developing the product will help us to hold the coins for more than 4 months because along with their development the chances of increasing prices will be huge. Of course, most of the bounty people will regret to hold the coins but it is always good to hold more than 6 months to get more profit from what we are holding.

[voltesbit777]

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

In that way, if you are one of the bounty participants in a campaign and having that kind of rules, obviously you can do anything about it mate.
even you the token has been distribute to your wallet, you can't still able to trade it even there is a exchange already due to the wallet is still lock in the deposit. Maybe to avoid dumping its value of the token they have in the project.

[miningguru]

It's obviously not okay for me and I know most of the bounty participants feel that same way too. But with the current situation that we encounter with bounties these days, what is the difference anyway. I also doubt that there is a chance that you can sell your token for a good price so there is no reason to fight for it.

Exactly, each one will have a different view about the tokens, some people will show interest towards holding and some people will sell them in the market once they get the payment. We need to think them in a different way that if a company has actively given updates about their development then i am ready to hold them for more than 5 months.