We are only rich on spreadsheets

[ameliana]

actually not like that too, I mean this. that not all projects are bad / pay with cheap prizes / even projects end in fraud. because the main problem is that it's hard for us to find real projects and pay for the big prizes out there. most projects look real but end up the other way around. so, my advice to anyone is more thorough / selective before taking part in this industry.

[1715185142]

1715185142

[Aikidoka]

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 ?

Exactly, like new ICO offers huge money, which it's gonna worth nothing after that, Like I remember I was participating in a signature campaign before to get token, I got around thousands of tokens which they were promised that's the one of this token will be equal to 3 dollars which I'll be like getting around 15k$ and then the token didn't even been listed in an exanchger and it was dead.

[sorrros]

That is the problem of 90% bounty campaigns - you promote scam or project without any future, so before you join the campaign. You will avoid many spent hours for nothing.

[memed97]

That is the problem of 90% bounty campaigns - you promote scam or project without any future, so before you join the campaign. You will avoid many spent hours for nothing.

Before joining the campaign, it is required to make research in advance so that we can find out whether the campaign has a future or not a scam, even though we will not immediately know 100%, but at least we have tried to avoid projects that have no future or project scams , so that we will not experience a loss of time.

[hamba laeh]

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 disagree with your opinion. because the allocation given to bounty campaign participants is in accordance with ICO / IEO prices that have been launched. but not all altcoin is able to maintain its price after being listed on the exchange. so there is an altcoin that dropped dramatically and there is an altcoin that is able to grow well to exceed the ICO / IEO price. so in my opinion, we should be more patient to wait for the best price after altcoin is listed on the exchange.

[kaneki007]

I disagree with your opinion. because the allocation given to bounty campaign participants is in accordance with ICO / IEO prices that have been launched. but not all altcoin is able to maintain its price after being listed on the exchange. so there is an altcoin that dropped dramatically and there is an altcoin that is able to grow well to exceed the ICO / IEO price. so in my opinion, we should be more patient to wait for the best price after altcoin is listed on the exchange.

But the patience of bounty hunters will be tested when token dump prices, so I think only a few people can hold tokens/coins when that happens. And I think it depends on the project as well, even though the bullrun is happening but the project is not interested but token price will not rise above the ICO/IEO price.

[bhabygrim]

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 thread is really funny and true at the same time which actually hurts us bounty hunters.
If only those spreadsheet would be true and those bounty campaign would pay up and have the real value like they've told us.
Then we would really be rich not just on spread sheet but also in real life I hope bounty could go back when they were great back in 2017 when bounties used to pay nice and the developers are eager for their project to follow their white paper.
Those were the good old days of being a bounty hunter now it seem's to be gone and it only lives on our memory.

[gwaposakon]

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 ?

Said but that's true. Bounty hunting is not a very rewarding undertaking nowadays. Most of the time, the efforts you exert in doing bounty tasks are not paid back equally since the value of the coins you received from your stakes is very low. Hoping that this situation will change as the market becomes bullish this pass days.

[Ridwan.P]

I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.

[Doranile432]

I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.

Not only the market condition, if the team lacks a lot the project will easily fail, there are few bounty projects that became successful in 2018- 2019 and at that time the bear market was very powerful, its all down to how professional the team are.

[casperBGD]

I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.

will be interesting to see how this year is going to reveal itself, but first month and a half is good for crypto market, on the other hand, last year was similar up to May/June, and then it got back to basics, however this year have BTC halving and I presume that until the halving prices will go up, and bounties will be worthy

[ohyeahhaha122]

actually, bounty hunters now don't seem to make much money from bounty campaigns, the best time of bounty hunters is 2016 - 2017, when there were many quality projects and many successful ICOs, now, quality projects don't seem to be much, and there are also a lot of scam projects, my bounty team everyone has almost dropped out of

[diguyo]

The point about being only rich on spreadsheets is right though - there is no true profit until you sell out of your investment. Up until that point it's essentially all hypothetical - it's not like it's a FIAT investment with a fixed value, it's only worth what the current price and if you sell.

On bounties, I definitely think there is a case of projects using bounty hunters to further their message without offering much in return...but this has always been the case and really is the whole point is it not? The difference is just that in 2020 there are more projects/increased competition and the market isn't as healthy vs 2017. Supply and demand = less profit in bounty hunting.

[whyrqa]

Of course, in past years, hunters earned much more, because they not only received what was promised under the terms of the Bounty company, but could even increase their income after selling their remuneration on the stock exchange, if you wait a certain time after listing.  Very often, many coins increased in price by two or three times from the initial cost of the token of ico companies.  And today, large numbers of rewards are really only in the spreadsheet, but in reality the cost of rewards is much lower.  But I believe that if the project really has prospects in the future, then such coins do not need to be sold immediately after the distribution of remuneration, but you need to wait for your finest hour and get really good profit in the future, when the price not only reaches the initial cost of the token, but also  increase several times due to its relevance.

[Bagaji]

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 ?

What do you expect when the overall market is on the downward trend and you should equally have at the back of your mind that each coins market value is determine by the forces of demand and supply. And you should remember that those developers are equally in business too.

[bitcoinst]

The main problem is not to sell the coins earned by the Bounty, but that generally, at a given time, these coins are worth at least something.
After all, as a rule, projects received from the Bounty choose rather dubious platforms as exchanges that have a dubious reputation and also huge liquidity problems.

The Bounty Hunters are forced in one way or another to use these platforms to sell the received coins, which is sometimes not only unbearable but also dangerous.

[Viscore]

The main problem is not to sell the coins earned by the Bounty, but that generally, at a given time, these coins are worth at least something.
After all, as a rule, projects received from the Bounty choose rather dubious platforms as exchanges that have a dubious reputation and also huge liquidity problems.

that's because they can't afford to pay the listing free in big exchange, so they choose a small exchange without a good reputation.
As a team, they are also force to find ways to list the project in an exchange as investors are demanding it, and that results to a project not being appreciated due to lack of liquidity and bounty hunters will just dump right away.

The Bounty Hunters are forced in one way or another to use these platforms to sell the received coins, which is sometimes not only unbearable but also dangerous.

If they are force to sell but the exchange has a very low volume, that would affect the project's future which is not good IMO.

[joseyphil82]

Some times the riches on spreadsheet can become reality, its not as If all spreadsheet rewards are lies, it depends on the project you promote and we all know that many projects are scam but if you are lucky enough your rewards will become reality, to get that lucky you should be willing to do some hardwork

[gaston castano]

The main problem is not to sell the coins earned by the Bounty, but that generally, at a given time, these coins are worth at least something.
After all, as a rule, projects received from the Bounty choose rather dubious platforms as exchanges that have a dubious reputation and also huge liquidity problems.

The Bounty Hunters are forced in one way or another to use these platforms to sell the received coins, which is sometimes not only unbearable but also dangerous.

I think the main problem is the project being followed, don't just join and promote the project, at least do some research first, so you won't waste your time promoting a scam project or not getting paid for your participation for some time.

[slaman29]

Some times the riches on spreadsheet can become reality, its not as If all spreadsheet rewards are lies, it depends on the project you promote and we all know that many projects are scam but if you are lucky enough your rewards will become reality, to get that lucky you should be willing to do some hardwork

You have to believe what you can feel, not just what you can see. I mean, people complain to me a lot too, fellow earners. I was with them too but when they kept telling me about 5k or 10k for no effort, I just said, no I'm fine doing $50 for Bitcoin which I know I can save and use any day, and BTC will always go up.

Years later I'm still doing that. And they all left already.

No such thing as easy money, because even if there is, it disappears so fast you never saw it.