|
jvdp
|
 |
June 11, 2019, 05:43:40 PM |
|
Do you believe the bounty managers are paying tradable tokens or bitcoin? Both are incorrect information. Bounty managers are handling the bounties for the tokens of that ICO.
We are not sure that those tokens are listed on exchange or not. Maximum the tokens receiving by participants are not the worthy tokens or will not get listed on good exchanges. We need to check the good ICO while you are participating in the campaign.
|
|
|
|
|
|
|
|
|
|
|
|
|
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Bttzed03
Legendary
 Offline
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
|
|
June 11, 2019, 06:32:44 PM |
|
Some missed the more important point the OP is trying to make here.
I've been in some bounty campaigns that pays trade able coins but most of them are post ICO campaigns or privately funded campaigns. You can hardly see BTC/ETH paying ICO/IEO campaigns/
|
|
|
|
|
|
romanij
|
|
June 11, 2019, 06:52:53 PM |
|
The organizers of the project can not give bounty hunter awards in ETH and BTC. Since they themselves raise funds for the development of the project. Just imagine what a huge amount will need to pay bounty hunter... And you forgot about the fact that to go to the listing on the exchange you need to pay.
|
|
|
|
|
electronicash
Legendary
Offline
Activity: 3080
Merit: 1049
Eloncoin.org - Mars, here we come!
|
|
June 11, 2019, 07:06:39 PM |
|
for teams, its easy to pay their own coin because there is nothing to lose. we could only speculate the price of their coin but the reality of it will come when its on the market. there are no guarantees as they say. its like a box of chocolate .  if they pay BTC, they would have to try harder to make up with their loss but with their tokens, they couldn't care whether it has value of not. take this as a fact as i have. |
▄▄████████▄▄
▄▄████████████████▄▄
▄██████████████████████▄
▄█████████████████████████▄
▄███████████████████████████▄
| ███████████████████▄████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄████████████▄
██▄███████████████
░▄██████████████▀
▄█████████████▀
█████████████
███████████▀
███████▀▀ | | | .
| | ▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄█████████████████████▄
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀ | .
ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▀░▐███▀▄█▄█▀▀█▄█▄▀
██████████████▄██████▌
█████▐██▄██████▄████▐
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀█████▄▄ | .
"I could either watch it
happen or be a part of it"
▬▬▬▬▬ |
|
|
|
kingzpro
Member
Offline
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
|
|
June 11, 2019, 08:13:05 PM |
|
Absolutely right, i think their mentality is that why pay bounty hunters with precious btc or eth which they have raised with months of promotions and fundsraising rather give them the tokens that have no value atleast uptill product development phase and there after the business phase where the demand comes, personally im still happy to receive project tokens and wait but last years many many campaigns have not even paid the tokens that were owed to the bounty hunters.
|
|
|
|
oseikuf44
Member
Offline
Activity: 490
Merit: 10
|
|
June 11, 2019, 08:17:15 PM |
|
The project that pays in the tokens of it allows the coins to circulate among the bounty hunters and as a result they get into to participate in the success of it after it is listed on exchange. But if managers pay in Bitcoins or Ether, they won't get the hunters to purchase the project tokens.
|
|
|
|
|
|
BeManga
|
|
June 11, 2019, 08:38:34 PM |
|
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!
the fee have cost if the token is from ethereum but it just small amount compare if they pay in coin that tradable in some exchange. |
|
|
|
Xalata
Member
Offline
Activity: 266
Merit: 10
|
|
June 11, 2019, 10:06:46 PM |
|
The bounty managers are not responsible for paying bounty hunters. Most project managers like to pay in their own native tokens because that is what they have in abundance. And at times too, because the coin has not been on exchange yet, they can't really tell the actual price of the coin so as a bounty hunter, if you believe in that project, then you should be ready to accept those tokens.
|
|
|
|
betty11
Copper Member
Jr. Member
Offline
Activity: 448
Merit: 3
|
|
June 11, 2019, 10:11:57 PM |
|
The point you gave is partly part of the reason bitcoin and other trad-able coins are not given. Most don't trust their project to perform well when it hits the exchange. But some sincerely want a wider audience to hold their token so as to get a high liquidity and a better community. Community should be responsible for building any project price growth and shouldn't be left for developers alone.
|
|
|
|
|
|
TimeTeller
|
|
June 11, 2019, 10:21:38 PM |
|
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 The bounty managers are not responsible for paying bounty hunters. Most project managers like to pay in their own native tokens because that is what they have in abundance. And at times too, because the coin has not been on exchange yet, they can't really tell the actual price of the coin so as a bounty hunter, if you believe in that project, then you should be ready to accept those tokens.
The major reason has been said already, it is not the decision of the bounty manager what kind of payment a particular project should give to its hunters. The decision comes from the team themselves. The bounty mgr can give his suggestions but it is the team's decision what is the final form of payment they want to give. If the team can afford to pay btc or eth, then, it shows they have funds to spend with. But most projects allot their own tokens because they don't have to shell out their actual money. As everybody knows, that token has no value yet, until it hits the exchanges and be actually traded. You can tell if the project has sustainable future if they can maintain their price for long periods of trading. |
|
|
|
|
spydee1522
Member
Offline
Activity: 378
Merit: 10
|
|
June 11, 2019, 11:45:49 PM |
|
That is the ultimate truth, project managers always consider whether their tokens will hit the exchanges or market outside there and in a way protect the value of their tokens. To me, since bounty hunter are always blamed for dumping, it would have been a nice decision and idea if these project managers choose to pay bounty hunters in btc, eth and the rest top five cryptocurrencies.
|
|
|
|
714
Member
Offline
Activity: 438
Merit: 10
|
|
June 11, 2019, 11:46:11 PM |
|
Bonus managers cannot decide on the bounty hunter's remuneration. They are simply being managers instead of development teams and receiving their salaries.
And the development team loves to be paid by their token because they won't lose anything.
|
|
|
|
auntyjmary
Jr. Member
Offline
Activity: 368
Merit: 2
|
|
June 12, 2019, 01:04:00 AM |
|
It is just mere assumption that bounty hunters wants to be paid in bitcoin or Ethereum which are popular coins. Either ways, there is still some hunters who wants to be paid with the official token of the project they are promoting. You need to believe in a project you are promoting. I don't see the reason why you should have less hope in the token/coin of a project that you are promoting.
|
|
|
|
|
Shova
Member
Offline
Activity: 285
Merit: 11
|
|
June 12, 2019, 01:13:18 AM |
|
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. This is indeed correct. If the project were so sure about itself and its token, it would have been safer for them to pay bounty participants in bitcoins or ethereum than risking the token's price. But as they are so sure that their's project is just a give stupid tokens and earn money scheme, they opt for providing the tokens. The tokens actually have no value unless users give them or the market demands it. |
|
|
|
|
|
michellee
|
|
June 12, 2019, 01:25:05 AM |
|
I think the bounty managers are not responsible for sending the payment and that will be a job for the developer to give the rewards to the bounty hunters. Many projects prefer to give their tokens to the bounty hunters and not giving them bitcoin or ethereum as the rewards. So far, bounty hunters still are on the wrong side because they will sell all of the tokens when it's launch at the market and that will dump the price into the lowest price.
|
|
|
|
fortunecrypto (OP)
Legendary
Offline
Activity: 2450
Merit: 1047
thecryptocurrency.directory
|
|
June 12, 2019, 01:31:06 AM |
|
I'll still maintain my opinion that these developers don't want to pay with tradeable coins because they don't believe that their coins will have a competitive price in the market, commensurate to the rate they will give to their bounty hunters, I have been into ICO as bounty hunter and have seen it so many times, their coins 60 to 90% down in their ICO price or worse no value in the market.
|
|
|
|
jazmuzika217
Member
Offline
Activity: 476
Merit: 12
|
|
June 12, 2019, 01:32:26 AM |
|
I think the bounty managers are not responsible for sending the payment and that will be a job for the developer to give the rewards to the bounty hunters. Many projects prefer to give their tokens to the bounty hunters and not giving them bitcoin or ethereum as the rewards. So far, bounty hunters still are on the wrong side because they will sell all of the tokens when it's launch at the market and that will dump the price into the lowest price.
Yes this is right because bounty manager doing their job to find a participant to promote the project and only the organization or the project owner os the right way to make a decision if their want yo send tradable altcoin or their own token, if you want to earn bitcoin just find a good signature campaign on the services that manage by trusted campaign manager like sir Yahoo. |
|
|
|
|
|
john_nautica
|
|
June 12, 2019, 01:35:25 AM |
|
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!
I also think so if they prefer to pay with tokens because without any fees. so now, payments with bitcoin or ethereum are starting to be rarely done by bounty hounter participants, maybe the team still wants to hope that if their tokens can be released in the public they don't think about the price. |
|
|
|
tsaroz
Legendary
 Online
Activity: 2940
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
|
|
June 12, 2019, 01:38:57 AM |
|
Bounty managers would pay bounty participants according to the terms stated by the project team.
There are a few reasons why the project likes to reward bounty participants with tokens rather than coins.
1. The project needs money now and can reward the investors and bounty participants later. (profit in future)
2. They want bounty participants to get involved in their project community and spread informations about the project even after the bouty ends. (free advertisement for life)
|
|
|
|
billyhaleym
Copper Member
Jr. Member
Offline
Activity: 128
Merit: 3
|
|
June 12, 2019, 02:36:25 AM |
|
Once you support a project I think you should be confident of that project doing well and opting for payment in BTC or Ether is likely to say you don't have confident in the project and most projects won't adhere to that, For me I believe every project had its terms and conditions hence should be followed
|
|
|
|
|
