Blockburn, A big Failure

[janggernaut]

Maybe you feel only one project, but for me that is something that is common in the Crypto world projects, Like Titanium (TBAR) where the price of their token is $1, but after their Developer has a legal problem, and put him into jail, then their project was abandoned, making TBAR prices worthless on the Exchange. So there are many reasons why a project fails.

BAR was traded on $4 and then after they claimed they got hacked, they rebranded to TBAR (which the price always keep falling down since many user don't believe with it) and now after years, their only become one of shit token on CMC and have almost zero volume.

I am lucky not joined with this project because checking with reward for bounty participants little and I am not interested with this campaign, after updating price very low so sad for other participant waste their time without get reward in this bounty campaign project.

you are lucky only at this bounty project next time it could be your turn,  this is a problem for all bitcointalk member not just who partecipated in at this bounty project. This is a problem that happens very often, something needs to be done to stop this trend on bitcointalk

The way to stop this is by not join in any of altcoin campaign.

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[gaston castano]

I also followed the campaign and so far I have not received my payment.they postpone it again for three months, I hope that when they share it, they pay according to what they say, which is $ 15,000 for all participation.
in many projects that look promising, but with a fraudulent end, you can look for many other good projects out there again.

[davide72]

Maybe you feel only one project, but for me that is something that is common in the Crypto world projects, Like Titanium (TBAR) where the price of their token is $1, but after their Developer has a legal problem, and put him into jail, then their project was abandoned, making TBAR prices worthless on the Exchange. So there are many reasons why a project fails.

BAR was traded on $4 and then after they claimed they got hacked, they rebranded to TBAR (which the price always keep falling down since many user don't believe with it) and now after years, their only become one of shit token on CMC and have almost zero volume.

I am lucky not joined with this project because checking with reward for bounty participants little and I am not interested with this campaign, after updating price very low so sad for other participant waste their time without get reward in this bounty campaign project.

you are lucky only at this bounty project next time it could be your turn,  this is a problem for all bitcointalk member not just who partecipated in at this bounty project. This is a problem that happens very often, something needs to be done to stop this trend on bitcointalk

The way to stop this is by not join in any of altcoin campaign.

Well nothing to loose at the moment, all project is a failure project or is a scam . For me all bounty section could be closed without a problem , the last
 couple years i think i got like 20 dollars max and many scam bounty manager who still have to get the coin from!

[distr@yopmail.com]

Well nothing to loose at the moment, all project is a failure project or is a scam . For me all bounty section could be closed without a problem , the last
 couple years i think i got like 20 dollars max and many scam bounty manager who still have to get the coin from!

although many thought the current project would end well. but in reality, some of the supported projects did not produce success. maybe it is already very little that can be obtained from the campaign as you say.

[cytpoway121]

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

This is an interesting phase of crypto currency, projects like hex goes overboards and performs beautiful increase in rates amidst hunters dumping
While blockburn full of hypes, full of support, full of working product, fail right before everyone.

Nobody knows what happened yet, but with time it will definitely unravel before us

My advice is this, before joining bounties, always do your own research

[Zemomtum]

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

[HunterUnchained]

I am certain they team rebranded it from what is what with the sole intention of floating and IEO just to swindle unsuspecting investors before finally running away with investor's funds. This has got to be one of the most disappointing projects in recent memory. Had high hopes for that project and thought they were really going to become a force but it seems I was totally wrong. Unless something happens and the confidence built back, Am not sure they are ever going to regain their status and trust.

[Zazzu]

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

[davide72]

i can tell you more, they did count many bounty stake wrong, many participants had far more stakes than they had to receive , they probably knew before the bounties began that they would pay no one and dump alla the tokens!
However this  accusation thread will not change anything, these people have used bitcointalk to make their own game. To avoid it would be enough to use an escrow for each new thread on the bounty forum, those who do not accept the escrow should be forbidden to use the bounty thread , it could be a solution, many scam projects  like blockburn could be avoided in the future, at this point I believe that only forum moderators can do something, only if they want to do it. I have seen many legendary users banned for stupid reasons instead these scam projects have multiplied in these two years without the moderators taking serious action against them.I am convinced that they can do something...much depends on them.

[daniahya]

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

instead of not making a payment but they delayed payment for up to 3 months and the team did not give an exact date, now they can only wait until 3 months have passed, if they still delay after 3 months it means they have no intention of paying the bounty hunter

[davide72]

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

instead of not making a payment but they delayed payment for up to 3 months and the team did not give an exact date, now they can only wait until 3 months have passed, if they still delay after 3 months it means they have no intention of paying the bounty hunter

Making predictions is useless, we all know how these things turn out!

[culuuton]

I also followed the campaign and so far I have not received my payment.they postpone it again for three months, I hope that when they share it, they pay according to what they say, which is $ 15,000 for all participation.
in many projects that look promising, but with a fraudulent end, you can look for many other good projects out there again.

BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

[xSkylarx]

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

This is not something new. There had been tons of projects there who even had a great launch and decent price and now is almost down to zero. There could be a lot of factors to this. It could be the team had dumped what they are holding or investors had already left the project to get thwir income.

[khiholangkang]

BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

Therefore, dev delays distribution because they are afraid that the tokens will become worthless, but sooner or later they will. Dev must do something so that capitalization can increase.

[makishart]

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

instead of not making a payment but they delayed payment for up to 3 months and the team did not give an exact date, now they can only wait until 3 months have passed, if they still delay after 3 months it means they have no intention of paying the bounty hunter

Making predictions is useless, we all know how these things turn out!

It looks like the only solution to create a bunch of complaints to the exchange site who have listed burn token and then just hope the result if this token will be delisted from there.
A lot of evidences have proven it and that's enough the hunters will never receive the reward even those who bought this token has been scammed too

[Chukwunonso]

In my opinion, the blockburn token is just like the other deflationary tokens and I have a strong feeling that these tokens were created by the similar group of individuals to deceive the investing public. Most of the project lacks a real use case and that explains why the dumping was unassailable. I even believe that the tokens were dumped by the creators and that's because they were only interested in cashing out and not building the project.

[Stanlo]

I'm disappointed too, blockburn is my first bounty failure of 2020, many believed in this project because it's available on exchange but after bounty is about to end the value dropped alot, I suspect the team, they had plan to dump in the first place

[Goodvalony]

Pure exit scam. this verify the fact that crypto can not be trusted. what matters are the people behind the project. do they have the intention to invent something useful or they are after people funds. they intentionally know what to offer people but they went after the money. this is not the first set of project to dissappear after a successful campaign and product. it is not new either.

[Distinctin]

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

What do you think mate?
What they do is clearly to understood that they want to give nothing...not just a failure but totally a scam project. To that fact, bounty participant should never be wasting their time waiting for the team to deliver what they say at the beginning. And they'll get what they want also, turning back with them of what they do to the community. They are killing themselves pretty early.

This is not the only thing that happens in crypto, a lot of projects ended the same even the team give the rewards. The assurance is less when the team makes nothing to give help.

[sayam]

The team is fully responsible for such failures. Now it seems to me that they are causing this dump intentionally. And I don't think it's possible for this project to recover their previous position. It's no longer possible for anyone to have confidence on this failure project.