cheezcarls (OP)
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December 07, 2019, 06:44:34 PM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
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bohr
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December 07, 2019, 06:48:59 PM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
You are correct in your assessment but icos and ieos are never going to change the wording that they are using because it is to their advantage, if they were to say something like that it will be the same as admitting that their coin is going to eventually go down in price and that is like they are admitting that their coin is no good and is impossible for it to hold its price, and we must remember that icos and ieos are going through a very difficult time so I do not expect them to use their honesty as a selling tactic.
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Lizzylove1
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Christ The King
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December 07, 2019, 07:53:49 PM |
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Your analysis is very valid. These days, I just participate in airdrop and bounty as a side hustle not really expecting much from the campaign because all you keep getting from campaigns are just heartbreak. Yet when they are asked to pay in stable currencies, they will reduce the reward to almost nothing.
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Nadziratel
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★777Coin.com★ Fun BTC Casino!
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December 07, 2019, 08:00:25 PM |
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So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
There are a few things you're right about. But I don't agree with you at all. Bounty or airdrop has a value when everything starts to be released. In Bounty and airdrops, they want to specify the USD value in a way since the project was done before the launch. There's nothing wrong with that. You just felt uncomfortable that there were not many successful projects in the last period. The awards, which were distributed years ago in the XLM airdrop, reached $ 100K for a period. Even today, if there are those who hold coins from that airdrop, they can sell them at very good prices.
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btcmurat
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December 07, 2019, 09:24:45 PM |
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I have a lot of questions. Take the IEOs organized by Binance. They are already raising the price of the new altcoin with BNB. Why is there a draw? Give everyone the chance to participate equally. Let more people invest. Maybe they will do it in the future.
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bigcash2011
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December 07, 2019, 09:41:28 PM |
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You are very right especially if we consider the market conditions from last 2 years but im still hopefult hat market will improve just near btc halving and will stay bullish from there on for around 18 to 24 months. So expect other coins and new projects to perform better as well just we see in all market cycles historically.
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LordShanken
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December 07, 2019, 09:50:29 PM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
After all, if it is written that the reward is worth $50, it is obvious that the value is calculated on the basis of the ICO price. Nobody lies, it's just obvious. Because where do you think this value comes from? From a crystal ball? And as for the price that will be on the exchange, it sets the market. If the projet is good, then this value may increase. Unfortunately, the current market situation make that this value is usually lower.
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batang_bitcoin
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December 07, 2019, 10:43:49 PM |
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I'm not into airdrop nor bounty but I agree with that point. They are pointing their rewards to be worth like that but after the token sale, what's next? dumping of tokens and that makes the price even lower. And if you are into that situation that you can't sell it at that time because of some circumstances you are facing or there's a condition that the bounty makers made and you have agreed, you have no choice.
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Rent this sig space so that BTC goes to $100k.
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luppecuppe
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December 07, 2019, 11:22:48 PM |
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Market conditions are very bad. I think a rising coin of 50% means you have risen well. In this case, it makes sense to make some sales. Reductions are already expected. It is very important to manage the portfolio correctly. These plans are getting better with times
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Nalbo
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December 07, 2019, 11:35:11 PM |
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That's a marketing strategy. It's users who should be cautious about what they are doing and should learn more about what they are saying. A seller would want to sell as much and make as much people advertise for itself. Users should choose what suits than and research about individual project they are advertising for and make a decision.
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boris singer
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December 08, 2019, 04:28:49 AM |
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Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
it is only a sweetener in a promotional sentence, and many investors have understood the meaning of "worth" without connecting it with others. Many are aware that if a coin already has value in the exchange market, there are no guarantees and it all depends only on market movements and the developer's policy in managing distributed allocations.
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knuckey
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December 08, 2019, 05:22:02 AM |
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When tokens are listed on exchanges for the first time, there are many aridrop recipients, bounty hunters, and even investors to sell their tokens. So this is what triggers the fall in the price of the token and dump cannot be avoided, so the price of the token does not match the price at the time of the ICO or IEO.
Dynamic market conditions, demand and supply are one of the causes of falling token prices, but what is more decisive is the projects themselves, whether they are creating a viable product or not.
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joseyphil82
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December 08, 2019, 05:26:52 AM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
How about if you join a very good bounty project that 50$ of token in IEO price can turn 100$ when listed on exchange? the choice is yours to make, many new projects are failing because they end up listing on bad exchange, if they list on top exchange which always have good liquidity it will maintain its value or higher
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Ozero
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December 08, 2019, 05:45:23 AM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
After all, if it is written that the reward is worth $50, it is obvious that the value is calculated on the basis of the ICO price. Nobody lies, it's just obvious. Because where do you think this value comes from? From a crystal ball? And as for the price that will be on the exchange, it sets the market. If the projet is good, then this value may increase. Unfortunately, the current market situation make that this value is usually lower. And where does the token price come from during the ICO? It is actually arbitrarily set by the project team. And the general trend is just such that no one wants to indicate at least the approximate actual cost of their new token. Everyone looks at each other and continues to indicate an unrealistic price, that is, they lie. Although it is still very difficult to determine the price of a token in the face of tough price dominance of bitcoin and a fall in the price of the cryptocurrency market.
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Stanlo
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December 08, 2019, 06:27:04 AM |
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Every coins has their fixed ico price and there is nothing wrong here about this, project teams are humans like yourself and not all of them are pro, those who are pro knows how to avoid dumps when coins hit exchange and teams who aren't that good did nothing
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Mighty_crypt
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December 08, 2019, 06:30:44 AM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
All you have to do is avoid bounties that aren't good enough or you can join bounties that are already listed and trading on exchange, at least you will know the exact amount the token or coin costs on exchange
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Kvalentine
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December 08, 2019, 06:38:18 AM |
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Its because the project you promoted is a shit project, stop fooling yourself some bounty projects are just garbage tokens, i have learnt my own lesson this year, now i only promote projects that makes sense, they can still fail but better than promoting repetitive project ideas or no real use case projects
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Winscosinally
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December 08, 2019, 06:44:26 AM |
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They are not lying to anybody here, every coins have their ICO/IEO price so if teams gives a token value of 1$ and it later drops under 1$ its really not something to worry about, if the project have use case it will reach or even grow over its ICO price, just hold and stay away from shitcoins
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Kambal2000
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December 08, 2019, 07:40:02 AM |
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If you are the owner of the project for sure you want to keep your supporter at least alive as you are in difficult situation and you still want to market your project, so the least thing you will do is to extend your bounty campaign and seek help for hunters as there's no point to give their tokens on time if it has no value and your project was failed, so let's understand and it's up to us if we are going to continue supporting or not.
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LordShanken
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December 08, 2019, 10:43:24 AM |
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One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
After all, if it is written that the reward is worth $50, it is obvious that the value is calculated on the basis of the ICO price. Nobody lies, it's just obvious. Because where do you think this value comes from? From a crystal ball? And as for the price that will be on the exchange, it sets the market. If the projet is good, then this value may increase. Unfortunately, the current market situation make that this value is usually lower. And where does the token price come from during the ICO? It is actually arbitrarily set by the project team. And the general trend is just such that no one wants to indicate at least the approximate actual cost of their new token. Everyone looks at each other and continues to indicate an unrealistic price, that is, they lie. Although it is still very difficult to determine the price of a token in the face of tough price dominance of bitcoin and a fall in the price of the cryptocurrency market. How the token is priced depends on the developer. Whether we agree with how he valued the token he created depends on the analysis of project, total supply, etc. Of course, many projects takes tokens economics in a very unprofessional or even absurd way, but that is a completely different matter.
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