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

[Augustyusuf]

first think, bounty payment not made by bounty manager, BM just running the bounty program from the start until success finished, then report the final sheet to the dev team, and the one who make a payment is the team itself, not BM buddy.

[taguig]

I'm finished doing bounty for a campaign that only promised their token that has no guaranty of value in the market, glad that the one I'm in right now is already in the market, after this campaign I have no choice but to transfer to gambling campaign or stop doing ICO bounty.

[Ridwan Fauzi]

It means they don't believe to the function of their token in the future. It's actually easy to make most investors believe that the token that will be created can potentially be used in the future. They are just looking for someone who is truly experienced in the crypto world and then gives a whitepaper that at least does not have by other coins or can just perfect the coin function that is already in the market. That way there will be many bounty hunters who are ready to be paid with anything to promote the project to completion.

[Caladonian]

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.

The impression that even the team behind do not believe that support will be there for the project, after being done doing the ico and already got a chance to be listed inside exchange, if the team have that attitude they won't bothered paying the hunters tokens and will not be intimidated in any case whether
the project will succeed or fall continuously.

Developers who don't believe with their own work always aiming to earned quickly.

[thesmallgod]

You just one cogent reason. Another reason is also because dev are always looking for the cheap and easiest way of promoting their business and bounty campaign seems the best for them. You can have more than 10,000 bounty hunters participating in a campaign which at the end of the day may not even pay them or even change the agreement and locked their token for a very long period of time. E.g Asobicoin.Paying hunters with BTC and ETH will require them to only afford limited participants and also the fund to be spent need to be readily available.

[TravelMug]

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.

This could be true. But do they have the funds initially?

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.

Probably the best reason is that they don't have the money to begin with. I don't think that they believed that their token is worthless, I mean they put hundreds if not thousands of hours behind their project, unless they are pulling a scam out there. The problem is that after they release it, they should have unless done improvements so that investors are going to stick with them.

[Aldrinx00]

Yes this is true and also i think other reason is that most projects are just fake and scam, so why would they pay bitcoin if there only agenda is to get bitcoin from others then run? It's hard to look for projects that are willing to pay with bitcoin nowadays compare to 2017.

[princeyeboah]

Most projects do not pay in Bitcin or other tradeable coins because the the team intends to promote their own coins. Most of these projects have their own cryptocurrencies serving as the major facilitator within their ecosystem, hence do not encourage the distribution of other tradeable coins.

[armarsterling7]

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.

Yes, they are not confident in the development of the business. But one more thing that makes me very uncomfortable is their lack of responsibility. When the value of the token is higher than expected and the volume is quite high, they don't care about the bounty hunters, who have helped the project to be widely promoted. they delay and continue the delay until its price drops sharply.
This is really an injustice for bounty hunters. We should condemn this.

[DainSLane]

I do not think that the bounty manager is paying bitcoin or coins tradeable as far as i know bounty manager is also paying from the project team for his work as bounty manager, bounty manager is not part of the project or a team he also like bounty hunter.

[SistaFista]

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.

That might be true, but it is actually not the bounty manager decision.
Usually the team themselves are willing to pay bounty participants with their token, not with top coins.
Some bounty managers agree with that, but requiring to pay bounty manager in btc or eth.

[cabron]

Most of the campaigns that pays their own token are scam, the team can just abandoned the project and you're holding worthless coins. So much for promoting it for months.

If you don't wanna do the bounty campaign because they pay their own token, nothing will make these projects go live. This will stop scam as well so you just get to join a campaign that pay BTC or ETH. However there is not much campaigns that pays BTC except those gambling/casino sites, they are very limited and most of them are full already. Unless you join some that pays very little.

[nreal]

Sadly, most projects will not care about the price of tokens when they are listed, they are interested in the amount of money they get through selling tokens, which is why they pay for bounty hunters with tokens

[zhengqi]

I believe that this is the greatest myth and misconception that bounty hunters are able to bring down the course of the coin. If you look at the percentage of coins that is allocated for the bounty campaign, you will see that it does not exceed 5%. This is a very small amount of coins in order to be able to affect the value of the coin, especially considering that the coins are divided among hundreds of holders. If the developers say so, then their coin - Scam!

[StatesManG]

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 shouldn't blame the bounty managers for that but should blame the project for not paying with other currencies apart from their own currencies. One problem I have figured out is that most of this projects takes bounty hunters for nothing and don't care how we feel about anything

[rez303]

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 really a big problem for us. For successful development projects, they forget the bounty hunters and wait for their prices to be extremely low and then distribute them tokens.
I really hate this feeling and I feel like I'm useless at that project. no voice, no rights and only the right to wait.

[BitFinnese]

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 really a big problem for us. For successful development projects, they forget the bounty hunters and wait for their prices to be extremely low and then distribute them tokens.
I really hate this feeling and I feel like I'm useless at that project. no voice, no rights and only the right to wait.

Well if you do not like that stuff, the power of deciding is yours.  Participate or not is your call though not all bounty campaign is like that, some bounty campaign are true to their words.  If they promise to distribute the token on that day, they will distribute it but the problem is there is only a few of them here.

[danielchris]

It is depend on the bounty or project manager. If the project's manager & not owner ,then he/she can't decide to pay bitcoin or other tokens to the investors. Even the owner of project does not pay bitcoin & other payable coins.owner will also wants to hold these coins for good earnings in future. So that's a main reason behind it.

[ricardobs]

I think paying with other coins would lose the whole purpose of creating a new coin. If you are getting paid in ethereum and than giving people your new coin that's an offer you make that people will either accept or not and afterwards you will use that ethereum to pay the coders the designers the marketers and everything else but if you pay the bounty people to work for your coin yet pay them in etheruem than it will be "they are not even paid in the coin they are promoting" which wouldn't work.

[Docbee]

I don't think that is the only reason, they see it as norms to pay with their tokens, it is rare to see a team that will pay with ethereum and bitcoin the second reason is greediness, the team droskt want to use out of the raised fund.