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Author Topic: We are only rich on spreadsheets  (Read 15231 times)
flagpara
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September 10, 2019, 11:39:49 PM
 #81

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 ?
Yes! We are rich on bounty thread or on allocation rewards. If you check allocation of Harmony rewards as ICO price, 15k USD reward was for whole bounty hunters. But 2018 bounty allocation was high. I checked Ferrum network rewards for bounty hunter also only little reward.

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September 10, 2019, 11:46:06 PM
 #82

We have to be patient with this situation, I am also often disappointed with the current condition of Bounty hunters.  Get a lot in Spreadsheets, but the reality is very small when tokens enter the market.  I still hope there is a Bounty project that gives me a lot of money.

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September 11, 2019, 02:51:36 AM
 #83

The bounty rewards are too huge but the value seems very low. That's the truth because I, myself shocked with the reward I received like 35,000 tokens yet, the price is too low when we trade or sell them.

Even if you will receive sich thousands of the reward tokens, if that coin doesn't have a good impact in the market, the efforts and time will be wasted. It is also hard to spot where to join potential bounty projects with real high value. Considering that these days seems not good for ICOs.
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September 11, 2019, 03:18:16 AM
 #84

If you complaining about bounty allocation i think they not the worst as you said because the price is based on token sale. If the project going down after listing this is called high risk and bounty hunter must be known before joined bounty. Sometimes paying with their token so risky but will really profitable when their project reach more than token sale or IEO. If you want fixed payment you can join bounty with BTC,ETH or another major coins. But at this time almost all bounty hunter really disappointed with project because they choose to lock up token for long time.
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September 11, 2019, 03:21:57 AM
 #85

We have to be patient with this situation, I am also often disappointed with the current condition of Bounty hunters.  Get a lot in Spreadsheets, but the reality is very small when tokens enter the market.  I still hope there is a Bounty project that gives me a lot of money.
I think 2018 and 2019 really different with 2017. 2019 almost all project successful and raised ATH but at this time we need more patient and be careful. So many project only want investor money without thinking about the future plan or their token utility. Most disappointed people is investor and bounty hunter because bounty hunter also part of their marketing and supporter.
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September 11, 2019, 04:04:01 AM
 #86

yes, spreadsheets do look promising when we finish our work on a project. it's just that when you enter the market, the price is sometimes disappointing. it has been a common thing since bounties exist, and it also becomes one of the risks when supporting a bounty project.

but some projects also have a high price when entering the market. it would be very nice when you have so many tokens written in a spreadsheet. You must be impatient for that.

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bryant.coleman
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September 11, 2019, 04:06:48 AM
 #87

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 ?

This is one of the sad realities of being a bounty hunter. Back in 2017, and even during the first half of 2018 there were a few good bounties which used to give good rewards to the participants. I still remember a few in which the bounty hunters received up to $1,000 each or more worth of tokens. There were scam bounties back then also, but they were not the majority.

But nowadays, more than 80% (a wild guess) never pays and another 15% pays only very minuscule rewards such as $5 or $10 each. And on top of that, these rewards are being paid in tokens and not in ETH or BTC. So the bounty hunter has to register with a cryptocurrency exchange, and undergo the tedious KYC process just to encash his $5 worth of bounty. They should at least pay the rewards in ETH, and that will make sure that the bounty hunter gets something in the end and his efforts are not wasted.
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September 11, 2019, 04:09:20 AM
 #88

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 ?

I have a very disappointing run in these bounty campaigns back when I was just active, one of this is Konios they send me over 3 million from participating in their signature campaign, that 3 million konios should be worth $1000 or more but I ended up selling it for $50, now they are gone and investors run away, so look for the project's credibility before their rewards.

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September 11, 2019, 04:19:23 AM
 #89

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 ?

In general, the situation is similar to the one you outlined. However, even so you can still find projects where bounty hunters can earn some money.
It’s our own fault that they don’t value us and don’t pay us. You need to participate in bounty campaigns of those projects where there is payment in coins already traded on exchanges.

Well, to be honest, we all have to admit also, that we kind of already know what the bounties are worth no matter what the numbers are on spreadsheets.

The work = retweet, like, share, with no other requirement for quality, what should we expect? $100 for simple retweets and any other work that automated bots can do?

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September 11, 2019, 04:26:17 AM
 #90

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 ?

It is necessary to wait until altcoins recover and then already wait for big earnings from the bounty. Now, unfortunately, the price of all cryptocurrencies is falling down. Try to look for the bounty where pay directly with bitcoins, but mostly these are subscription companies and, as have already said, the earnings from them are small.
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September 11, 2019, 04:32:37 AM
 #91

We have to be patient with this situation, I am also often disappointed with the current condition of Bounty hunters.  Get a lot in Spreadsheets, but the reality is very small when tokens enter the market.  I still hope there is a Bounty project that gives me a lot of money.
Exactly right, spreadsheet is look like promising to get huge rewards, if bounty hunter converting project token to sales price, but most of the time we won't receive that amount of you think, sometimes is project owner cut the bounty rewards allocation and price dump a lot after listed on exchange.
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September 11, 2019, 05:01:44 AM
 #92

Before I move out in the ICO campaign I only promote projects whose coins are already in the market, because you can see if your effort will not lose, so many bounty hunters are losing their time and effort promoting useless projects, the worse thing that you can do is to believe that you are really going to earn that amount, when it's not yet existing.

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September 11, 2019, 05:13:11 AM
 #93

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 ?

unfortunately few projects now are paying, and some even if they paid but the price is dump because of the bear market.

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September 11, 2019, 05:50:53 AM
 #94

Before I move out in the ICO campaign I only promote projects whose coins are already in the market, because you can see if your effort will not lose, so many bounty hunters are losing their time and effort promoting useless projects, the worse thing that you can do is to believe that you are really going to earn that amount, when it's not yet existing.
I have also participated in projects whose coins have been listed in the market, but usually have a small allocation. and fortunately we can predict how much we get later. in a situation like this, sometimes I choose a bounty with a coin listing, like yesterday's populous project

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September 11, 2019, 06:16:17 AM
 #95

Haha, well put, but this is a part of the game and we have to deal with it. Its a similar situation as IRL, keep pushing and trying and you will have greater chance to make it big off the spreadsheet as well.
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September 11, 2019, 06:33:18 AM
 #96

in most cases about projects now most prize hunters prefer to participate in real projects i mean their tokens are already listed on the exchange, first to avoid the risk of fraud. in a market situation that has not improved, it is a good decision to take part in a project that is already listed on the stock exchange but the allocation of prizes will be reduced considering that many participants must have joined such a project.

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September 11, 2019, 09:05:08 AM
 #97

now if we look at our bounty spreadsheets, don't trust the ones in the spreadsheets. because the spreadsheet won't be the same as the one we received. we better count at 50% or maybe 90%. because the results we get might be only 10% of the total in the spreadsheet
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September 11, 2019, 09:13:39 AM
 #98

But nowadays, more than 80% (a wild guess) never pays and another 15% pays only very minuscule rewards such as $5 or $10 each. And on top of that, these rewards are being paid in tokens and not in ETH or BTC. So the bounty hunter has to register with a cryptocurrency exchange, and undergo the tedious KYC process just to encash his $5 worth of bounty. They should at least pay the rewards in ETH, and that will make sure that the bounty hunter gets something in the end and his efforts are not wasted.
They don't pay participants with ETH, because they usually don't raise the money they claim. Many of them cannot reach the soft cap and just lie to keep their tokens alive for a while. They do this to list their tokens on exchanges and sell the tokens there even at fewer prices. than ICO price.
For example if 10 million dollars is raised in a token sale, I don't think it's difficult to pay 1-2% of that to bounty participants with ETH or BTC. But the problem is that a team which claim that 10 million dollar has raised is lying and it's very easy to pay them with worthless tokens after they themeselves sell ther tokens at exchanges.
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September 11, 2019, 01:16:49 PM
 #99

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 ?
Actually, if we were using cryptocurrency the way we ought to be using it, we should have actually been more after accumulating much of those coins than the fiat value, but because we still attach it to fiat, that is why we feel it is small. When the time come that cryptocurrency would become the currency of the world, we would no longer have the usefulness for fiat again, and we will see that everything we will be talking about will be in crypto and the quantity of cryptocurrency that we have.

I understand that presently, we still live in the world of fiat and the language we still understand is fiat, so those developers would have actually worked with us based on fiat since we are working than making us be at same cryptocurrency level as investors.

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September 11, 2019, 01:32:47 PM
 #100

now if we look at our bounty spreadsheets, don't trust the ones in the spreadsheets. because the spreadsheet won't be the same as the one we received. we better count at 50% or maybe 90%. because the results we get might be only 10% of the total in the spreadsheet

Makes sense, rightfully so. So it is true that we don't expect 100% of spreadsheets, because the reality that we get is not appropriate. Situations like this are now happening to the bounty. We are presented with delusions in spreadsheets that are in fact incompatible.
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