Reason why bounty manager are not paying Bitcoin and other trade able coins

[fortunecrypto]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

[tenebriscaelum]

It just me speculating, but I think the reason here is that it will be the project managers or developers that are the ones that are in control about what they want to reward the bounty hunters. That being said it is much easier for thee project managers to give the rewards as the tokens they promote as opposed to having cryptocurrencies with real value in the market as they will not pay a certain amount to the participants. Instead they let the market decide what the price will be.

[Red-Apple]

i don't think it has anything with believing in the future of their token because the creators of these tokens know better than you and i that their token is useless and worthless.

the only reason why they pay in their own token is because it doesn't cost them anything! if they wanted to pay in bitcoin for example they would have to spend money and buy bitcoin and then pay people. but when they pay in their own token, all they have to do is just create them out of thin air with no effort or cost!

[cryptofirm]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

sometimes bounty manager is outside from the team member from the project,
so, this bounty manager didn't have enough power to decided what kind of payment for hunters my friend

[BlackFor3st]

Bounty managers are only doing their work and they are not the one who make the decision on what to pay to the bounty hunters. All decisions came from project owners but there are few projects who are paying bitcoin or other coins that have a value already.

Bounty campaigns are marketing strategy to all the project owners and they are using it in order to hype or to spread their projects all over the world just to obtain the maximum investments that they can get. So if you are a project owner then there is a big chance that you will use your tokens instead of other tokens in paying the bounty hunters, that's how marketing works.

[fortunecrypto]

i don't think it has anything with believing in the future of their token because the creators of these tokens know better than you and i that their token is useless and worthless.

the only reason why they pay in their own token is because it doesn't cost them anything! if they wanted to pay in bitcoin for example they would have to spend money and buy bitcoin and then pay people. but when they pay in their own token, all they have to do is just create them out of thin air with no effort or cost!

They don't have to buy Bitcoin or eth or any tradeable coins because they can get it in their sales and if they didn't reach their soft cap they will not pay their bounty hunters, all ICO is like that they will not pay bounty hunters if they did not reach the soft cap

Bounty managers are only doing their work and they are not the one who make the decision on what to pay to the bounty hunters. All decisions came from project owners but there are few projects who are paying bitcoin or other coins that have a value already.

Bounty campaigns are marketing strategy to all the project owners and they are using it in order to hype or to spread their projects all over the world just to obtain the maximum investments that they can get. So if you are a project owner then there is a big chance that you will use your tokens instead of other tokens in paying the bounty hunters, that's how marketing works.

He can suggest this and besides some bounty managers are members of the team, majority of bounty hunters prefer tradeable coins and they will prioritize this project.

[NeuroticFish]

the only reason why they pay in their own token is because it doesn't cost them anything!

Exactly. And that's why people should learn and look around a little. Get the background of the project a little. See if the project has any future. See if it worth the hassle. See if the project has a good enough chance to reach one or more exchanges quickly and, why not, if the project's coins/tokens would worth more in a year.
If a minimal background check would be done, there would be less spam and less crying.

[Simple_Plan]

They don't have to buy Bitcoin or eth or any tradeable coins because they can get it in their sales and if they didn't reach their soft cap they will not pay their bounty hunters, all ICO is like that they will not pay bounty hunters if they did not reach the soft cap

The bounty rewards are usually pre-set. What if in the end the sales result isn't enough for bounty payment? You want your goodness but project developers want their goodness. It's kind of a game theory. Paying bounty in ICO token is the fairest way for both sides (if that ICO doesn't scam).

[Bitbtc8]

Bounty managers are not the ones to pay bounty hunters in bitcoin or other trading coins its the developers call to make not bounty manager ,all what bounty manager have to do is coordinate a smooth bounty experience ,sometimes even a project teams are the ones responsible for bounty payments

[avikz]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

In 99% of the bounties, bounty managers have no role in deciding the payment method! It's the owner of the ICO who decides what to pay and how to pay. So your statement is technically incorrect.

Secondly, ICO is a funding event. If bounties are paid in bitcoin or any other tradable coins, then they would requires a huge capital to start with. It is cost effective for the ICO owners to use their own tokens to pay the bounty hunters! But I believe the entire bounty system is flawed! ICO owners should think about new marketing strategies!

[bittraffic]

Its good to really request the team to ask for BTC pay but that is if bounty hunters unite and ask for it, I think we can all be as powerful as becoming a huge market influencer if bounty hunters unite to ask and not promote the project if they don't pay upfront to an escrow. However if the project is good. Its not that they don't believe to their own project but when the price of their token drop due to hunters dumping it, they can easily buy them all back for their own profit.

[fortunecrypto]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market   and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

In 99% of the bounties, bounty managers have no role in deciding the payment method! It's the owner of the ICO who decides what to pay and how to pay. So your statement is technically incorrect.

Secondly, ICO is a funding event. If bounties are paid in bitcoin or any other tradable coins, then they would requires a huge capital to start with. It is cost effective for the ICO owners to use their own tokens to pay the bounty hunters! But I believe the entire bounty system is flawed! ICO owners should think about new marketing strategies!

Maybe I have to correct myself on that bounty managers are also alter ego of ICO developers if we can create a trend that ICO's or any other crowdfunding platform will pay their bounty hunters with tradeable coins it could be a win-win situation, maybe I just missed the old times when bounty hunters are paid in Bitcoin, those were the times when there are a lot of great projects doing ICO.

[Grishanya1234]

Let's start with the fact that the bounty manager is the same person as a member of the company's bounty, as he also receives payment in project tokens and doesn’t really depend on him and the project is of course more profitable to give his token as they can manipulate the course in the future.

[passwordnow]

But they don't want that because they do not believe that their own token will have value or demand when it hit the market   and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

If they don't believe that the token's project that they are advertising and managing as a bounty or campaign will have value, then why they're keeping their task and staying to manage it?

Let's start with the fact that the bounty manager is the same person as a member of the company's bounty, as he also receives payment in project tokens and doesn’t really depend on him and the project is of course more profitable to give his token as they can manipulate the course in the future.

Mostly they are receiving payment in tokens too but a reputable one would choose the best payment method and can demand his preferred crypto as means of payment.

[TechComputer]

It's a very and a super duper old repetitive question like many people have questioned this time by time.
The reason is, the bounty manager is hired by the project, it really depends on the company of the project whether they are going to pay the bounty users in token or btc.

[Chika08]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

you have a good point but bounty managers are not in the position to send out payments or in the position to say what coin should be paid to the hunters. I have seen projects that pay out on tradeable coins or tokens like you have mentioned.

[Pamadar]

Let's start with the fact that the bounty manager is the same person as a member of the company's bounty, as he also receives payment in project tokens and doesn’t really depend on him and the project is of course more profitable to give his token as they can manipulate the course in the future.

We don't really know what the talked behind before the bounty managers accept the job, maybe aside from tokens from the developers also some
decent btc or valuable coins that accompanied the paycheck, whatever the reason if the team will developed good project and usable product chances
to be supported will give the bounty hunters good rewards after.

[Apes]

the reason they chose to pay using own tokens, IMO because by paying using their own tokens as if they pay for free not spend a penny. and by paying using their own tokens they can set when tokens are distributed and when tokens can be withdrawn.

[OptimusPrime_3]

Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.

dont think this will be easy to achieve. If ever a project would agree to this terms or would make payments with already existing coin means that the project has funding already and is sure project will launch. Many projects depends on the fund that they would raise to develop project.

[silver23]

i think some project have low economy and all their money is run out to make new token and development their own project.
but how if before starting to lauch ICO why they don't try to stock first ETH for paid bounty hunter.
if bounty hunter is get paid they will never going to FUD or angry because late payment nad distribution.