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Author Topic: We are only rich on spreadsheets  (Read 15086 times)
Christinebeauty
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September 10, 2019, 07:41:09 AM
 #1

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

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September 10, 2019, 07:45:40 AM
 #2

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

Maybe you are referring to the price of the coins on its token sales?
That's why you said we are only rich in the spreadsheet. and when the real price
has come you have a big shock when the reality of price is not exactly what you expect.
Welcome to the Bounty Hunter Club!

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September 10, 2019, 07:53:57 AM
 #3

The market is dead so we can't really expect that the tokens of any project will have any high value (or even ICO value). For social media participants, the amount is negligible ($1-$10) while only signature and translation participants have tokens worth $100 and above which is again not worth the effort.
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September 10, 2019, 07:55:16 AM
 #4

Hate to say but is true. This is reality, when you think you will be rich after bounty end and then you receive reward. You got so much tokens and you have been calculate you will get so much money if you can sell on ICO price but the actual is the price token when listed on the market is totally low from ICO price. So you only received little amount of money beside you think you will got a lot of money...  Grin

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September 10, 2019, 08:33:05 AM
 #5

I hear you bro, but remember is free money. For some you work hard for some the work is easier but for the beginners is free money and they can start a nice journey in this cryptospace if they don't have money to invest. Some project are paying more than others, some are successful and some are not, this is the way it is. You know whatever is free should be welcome, even is a low amount of money.
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September 10, 2019, 08:46:14 AM
 #6

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

Market prices are considerably reduced when compared to prices during the ICO runs. And this is already happening in many ICO projects. Bounty hunters can only make small money and sometimes they don't get anything. Time to feel wasted, doing a Bounty campaign takes 2 to 3 months, even almost half a year has not gotten payment.

This is the worst time for bounty hunters. And now IEO has a different system and I hope that this can make a profit.

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September 10, 2019, 08:49:32 AM
 #7

I think that is because the market itself is not good to trade, so the tokens in the wallet do not have a good price after the pre-sale was ended. I am sure that the project that is really good than the others will have time to lift their price to above the pre-sale price. But there will need time and more proves for the project to show their power to the public so the public can give their reviews to the projects. The bounty hunters still waiting for the price to increase back while they can participate in the other projects.

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September 10, 2019, 08:59:57 AM
 #8

sometimes I also think like that in the end the gift tokens when entering the exchange do not have high selling prices or do not match the price at ico. therefore, when I personally get a token, I sell right away instead of holding back too long which I worry about makes the price go down.
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September 10, 2019, 09:10:35 AM
 #9

Many of the bounty hunters select the bounties based on the percentage of the tokens that are allocated to bounty and ICO price.
For example, a token total supply is 1,000,000,000. Each token cost 0.05 dollars ( what is written on bounty thread), 5% of the tokens will be allocated to bounty hunters. 25% to signature campaign.
The bounty hunter makes a simple calculation.
1,000,000,000*0.05*0.05*0.25=625,000 dollar.
The bounty hunter thinks that 625,000 dollar will be allocated to signature campaign participants. Then the bounty assume that he/she can earn at least 1% if the tokens that are allocated to signature campaign. So, the bounty hunter can earn 6250 dollar only by making 10-15 posts weekly for 8 weeks (as an example).
Many of bounty hunters think this way and this is their own fault. Earning money is not this easy especially in a market which people are no longer interested in ICOs/IEOs.

First, that number of tokens are usually allocated to bounty hunters only if the token sale reaches its hard cap.
Second, the real price is always lower than that price. You should consider the bonuses and especially the big discounts that are given to big investors privately.
Third, there is no interest in investing in ICOs. When there is no interest in ICOs there wouldn't be interest in buying the tokens on the market and the trading price will be lower.
 
It's your own fault if you think you can become rich only by making some posts in the forum.
If it was possible to big that big amounts of money in bounties, be sure trusted member of the forum were participating in these bounty campaigns instead of some bitcoin signature campaign with very lower profits.  

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September 10, 2019, 09:12:14 AM
 #10

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
you have the wrong perception about it, each bounty has a special allocation for its campaign program and the allocation of the reward amount has been calculated based on the selling price of their tokens. so if the token price distribution time is not valuable, it is because the market determines the price. no one forces bounty hunter to join their bounties, be it a team or a developer or bounty manager. blame yourself, because maybe you have been wrong in choosing bounties.
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September 10, 2019, 09:18:03 AM
 #11

I feel sorry for those who joined the TERAWATT bounty.
Now the main telegram is down (no one can write a message)  due to the reason of the team that the board is being flooded by bounty issue.

https://t.me/TeraWattICO

They said that the bounties were sent by wapinter and they provide links of transactions.

Though there are no or many participants asking for payment  because there is nothing sent.

https://docs.google.com/spreadsheets/d/1rm_q8E3UHu6ndGL3ykllynXvFGl7wYDj96GW70Es1wI/edit#gid=351624237

How can they send tokens if there is no final calculation on number of tokens...

17 weeks of work!

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September 10, 2019, 09:18:21 AM
 #12

So, why do you still participate with bounties then?
There are far better ways of earning money, I'd say that currently bounties are just not worth it at all and I doubt they will ever be worth as much as they used to be.

It's a shitty way of promoting your project, marketing that's based on people getting paid small amounts of tokens just doesn't work.
You've got people basically spamming in order to receive a couple of dollars, that just doesn't look good you know...

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September 10, 2019, 09:19:57 AM
 #13

Yes, almost it is. You are completely right. Now mainly investors are hunting

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September 10, 2019, 09:22:13 AM
 #14

This has been my stories past 3 months
If we start  considering Bitagro bounty, onz or bit wings, you will find out that hunters are only rich on spreadsheet

It’s a frustrating situation that can be avoided if bounty managers can say a word out for we  Hunters

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September 10, 2019, 09:22:54 AM
 #15

Lesson learned or learn from your experience. There are lot of project that bounty hunters advertising, but they are not researching or asking if the one that they are advertising is legit.
I feel sorry for them, there lot of people stop doing such bounties (including me).





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September 10, 2019, 09:37:48 AM
 #16

I think you can learn from what you get now, not of all bounty project is a good bounty and can pay you according to the price of their tokens. You have to see what is happening in the market today, many altcoins stuck and the price not move.
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September 10, 2019, 09:40:06 AM
 #17

It is true that the current bounty hunters are earning just some few peanuts. And sometimes never get paid.
But what can we do? The investors of thoses projects are surely losing money if they sold their coins under the price they bought them.
And sometimes the volume of exchange is so small that it is not worth to sell your coins as it would reach 0 satochi. And sometimes the ICO team leaves the project and the coin is no more tradeable in an exchange.
That's why you can't be a bounty hunter as a full time job.
This situation can be because there is not enough traders and because nobody want to buy/sell thoses coins too. We know that the majority of altcoins are dying.
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September 10, 2019, 09:48:03 AM
 #18

I feel sorry for those who joined the TERAWATT bounty.
Now the main telegram is down (no one can write a message)  due to the reason of the team that the board is being flooded by bounty issue.

https://t.me/TeraWattICO

They said that the bounties were sent by wapinter and they provide links of transactions.

Though there are no or many participants asking for payment  because there is nothing sent.

https://docs.google.com/spreadsheets/d/1rm_q8E3UHu6ndGL3ykllynXvFGl7wYDj96GW70Es1wI/edit#gid=351624237

How can they send tokens if there is no final calculation on number of tokens...

17 weeks of work!
You will probably never see those tokens coming to your wallet. Please accept this because there are many projects that have failed in the past

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Greatchu
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September 10, 2019, 09:52:39 AM
 #19

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
You are correct,i wish bounty hunters are been paid with fiat or stable digital currencies to avoid or erased all this disappointments, the only bounty project that cut my eye this days are stable coins like usdq because they are stable,no price dump or token becoming rather useless

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September 10, 2019, 10:00:52 AM
 #20

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

For some reason, don't expect to be rich by just doing bounty hunting alone. Try to learn more about cryptocurrency in this community and that is where you will be rich. Become an investor and you will realize that bounty hunting is is not what makes you rich.

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