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Author Topic: Unrealistic bounty allocations  (Read 1523 times)
stephanirain
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October 26, 2019, 04:50:08 PM
 #61

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?


No matter how high is the promised or advertised price is, if the project isn't listed on an exchange, very few will take it seriously. Most of the main players in the industry focus on the coins with high trading volume because of the demand. It is difficult for new coins to climb the ladder that's why I think most of the new ones spends a lot of their promotion funds to bonus and promos. But the downside of this is that many will think that it is too good to be true.

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October 26, 2019, 04:54:21 PM
 #62

Now I do not like projects that give big prizes and are not realistic, because the end is not good, for example the allocation that is cut at the end of the campaign, or even become a scam project that in the end does not pay at all. This incident happened to me. And now I prefer projects that are listed on the exchange, it's very difficult to find them

in fact to seek a large allocation of funds is your right as a campaign participant but if you are looking for a large allocation of funds from a project, you must ensure the authenticity of the project and in competition the project can survive for a long time. because if you are looking for a project that provides a small amount of funds for campaign participants, usually they cannot promote the project widely and can influence the income of funds for the development
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October 26, 2019, 04:55:54 PM
 #63

With that bounty allocations, it's hard to tell whether that bounty is legit or not. But, if I were to be questioned by that, I'll easily say the project is not legit. No bounty will ever give 5 million dollars. What's that? A feeding program for bounty hunters?




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October 26, 2019, 05:11:52 PM
 #64

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

Its hard to find a project which already listed their token into any real exchange so the hunters were just running with the ICO value but the real price after hitting the exchange won't even 10% of price value from what its been said on the ICO value and the huge discounts will make more worse so better avoiding these projects.
Most of the project always starts with having an ICO, it's really rare to see a coin that was already in exchange, if this will happen, there are chances that it will fail since ico is being undergo to raise funds for the development of the project and also to gather a community to support it.
Is the only reason people chosen IEO over ICO,because they might have an idea where the sold token will be listed,if it is on big exchange the chances of making profits also more.
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October 26, 2019, 06:07:22 PM
 #65

Realistic bounty rewards are always at the highest of 500k, those showing millions can't be trusted, they will surely dump in price when they hit exchanges and mostly the devs have nothing good to offer i think they just want to seize the opportunity to raise good money in ICO or IEO and run

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October 26, 2019, 06:56:50 PM
 #66

I was looking on a bounty allocation before, way back 2016 but after i participate on numerous failed projects the bounty allocation don't make sense to me at all. i prefer to promote a project which i think have a good future in crypto space even if i get small portion of their tokens at least i didn't work for nothing.
In 2017 year, as a newbie of cryptocurrency, I was joined into such project-Matrix space.They reached Hard Cap of 50 million tokens and received approximately 13227 ETH. It was my first big earnings. Of course, now isn't those time. Due to scammers, investors don't trust ICO and prefer IEO. Now such numbers the teams are luring a trusting and greedy user.And I became wiser and more experienced I don't trust such projects
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October 26, 2019, 06:57:53 PM
 #67

Realistic bounty rewards are always at the highest of 500k, those showing millions can't be trusted, they will surely dump in price when they hit exchanges and mostly the devs have nothing good to offer i think they just want to seize the opportunity to raise good money in ICO or IEO and run

Some old coins like DeVCoin will just change the bounty to reward the admins with your work
Beware old coins that change admins
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October 26, 2019, 07:38:59 PM
 #68

I don't get into bounty hunting but I've seen those high allocation bounties which made me think if they can really give that as promised. Well, what I've figured out is that they don't give the actual amount with a valuable coin and they were giving it through their token so they can give as much as they want.

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October 26, 2019, 09:08:54 PM
 #69

Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

Most of us give superiority to listed projects' bounties. The best proof is that it is usually too late to participate when there are such bounties. However, since we do not often meet such bounties, we join others. As "others" I said, it can be any bounty, as long as the project is good because once the project is good, we will ultimately make profit.
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October 26, 2019, 09:43:20 PM
 #70

Yes, unfortunately many are conducted on a large reward and do not understand that this does not happen. You need to objectively assess the possibilities of the project and don't chase big money.

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October 26, 2019, 10:01:24 PM
 #71

Now is a difficult time for a Bounty campaign, the allocation of a prize of that size is indeed very tempting.  But unfortunately, people now prefer projects that are already listed on the exchange even though the value is not that big.  Likewise I, I am always selective before joining the Bounty campaign, and the Bounty campaign with tokens that are already listed on the Exchange is certainly the top priority.
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October 26, 2019, 10:12:20 PM
 #72

Now is a difficult time for a Bounty campaign, the allocation of a prize of that size is indeed very tempting.  But unfortunately, people now prefer projects that are already listed on the exchange even though the value is not that big.  Likewise I, I am always selective before joining the Bounty campaign, and the Bounty campaign with tokens that are already listed on the Exchange is certainly the top priority.
A wise choice. A lot of allocation if converted to dollars from the calculation of the highest price of the token/coin when ico / ieo, the fact when listing on the exchange is not that big, manipulative, well we do have to be selective and wise to choose. Even though the allocation is small but it has guaranteed that tokens or coins already exist in the market give its own power, at least our hard work is not useless.

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October 26, 2019, 10:24:20 PM
 #73

There are not so many bounty projects, whose tokens have been listed and most times, if they decide to do bounty after listing, most of them allocate very little fund for that purpose and if care is not taken, you might end up meaning less that $1. The best you should do is to research before joining.
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October 26, 2019, 10:25:28 PM
 #74

Yes, indeed, I always did the bounty without being picky, because I would definitely pay. But compared to now, I must be even more thorough. Because many scam projects make us have to choose the best. For now, only the bounty from Yobit that I follow because is directly paid with BTC every day, instant. Rather than having to follow other bounties whose allocation prices may be missed when entering the market.



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October 26, 2019, 10:38:55 PM
 #75

Already participated in a bounty that participants received $ 500 but after the token entered an exchange the $ 500 fell to $ 2. So today I always select the campaigns that seem most serious.
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October 26, 2019, 10:48:50 PM
 #76

They are just deceiving people to join their Bounty. $5M worth of token is ridiculous for an ICO project. How will they cover the fund allocated for Bounty if they have not reached the softcap or hardcap? Or maybe 5 million of tokens. Man, Bounty these days are exaggerating. Even if it's true, when you received your token the price already dropped 10x.
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October 26, 2019, 11:12:45 PM
 #77

Bitcointalk should no longer allow such unrealistic scam allocations.

In fact, Bitcointalk needs a special arrangement for bounties. Bounty prizes must be paid only with bitcoin and ethereum. If not, such crooks will continue to exploit people's time and labour. Because these people give these bounties not just their time, but their dreams. And no one has the right to upset these people.
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October 27, 2019, 01:49:59 AM
 #78

Got some point mate but sometime there are projects who really give a huge reward. Yes this is unrealistic but I experience some campaign in the past that earn a really huge reward. You just need to make sure that the project is really worth youre attention. I guess million $ reward is feasible as long as the project is knows how to handle marketing and promotions to the community. But the era now is different, maybe only 1 out of 10 are true to their words. But this is not impossible cause it happened before.
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October 27, 2019, 02:13:47 AM
 #79

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?


Based on experience, I personally prefer bounty projects that have good products.
 For example now like https://agareum.com/ The product is already running, although it's still not perfect.
Bounty with fantastic rewards just to lure hunters into joining.
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October 27, 2019, 02:35:16 AM
 #80

I'm more into projects that are realistic than those who are promising to achieve such feats that are quite unreasonable or unattainable in the current situation. I believe that having a project in mind should be a step-by-step process in smaller objectives rather than those projects that aim-high, fall-hard schemes. These are more prone to scams, so preferring the projects that are believable is most likely to bring you good than those who are not.



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