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Author Topic: Not all that glitters are gold  (Read 334 times)
prof7bit
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May 01, 2020, 07:23:41 PM
 #21

these are really very sad examples of projects. many investors lost their money. Blockburn is a scam. if you look at the price now you will cry for a very long time if you bought these coins
Until you lose a lot of money in the cryptocurrency market, you will not be serious about cryptocurrency assets. Experience is the main thing you can get over the years in this market.

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May 01, 2020, 07:38:38 PM
 #22

I do not get where these bounty manager's get this attitude. I mean firstly you are promoting a poor quality project where chances of hunters being paid any reasonable amount is very low on the other hand you are getting paid yourself weekly in eth btc or usdt yourself, still you behave badly with the hunters who are the lifeline of the campaign so you need to respect them atleast.

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May 01, 2020, 07:39:44 PM
 #23

Honestly scammers will always find a way to scam people, that is why they are scammers to begin with, there is really nothing you can do. However when there is so much weirdness going around with a company (or a project) you should never try to find an excuse for them, same in life as well, hell even same in politics which is a big issue.

When someone does something that is getting a lot of angry responses, do not try to find a way to calm people down, if it gets heat for no good reason at all then you can defend but if they do something that gets heat that is not your responsibility at all.

If a project does something wrong, or smells funny, just walk away, do not spend another second or dime there, there is a lot of other cool projects out there which you can check out.

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May 01, 2020, 09:37:21 PM
 #24

Who knows, probably that she could be a he? Grin

So it becomes a new trend to scam people with low bounty pool allocations?

But why people are still joining bounties! Roll Eyes
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May 02, 2020, 02:56:33 PM
 #25

But why people are still joining bounties! Roll Eyes
People who join Bounty certainly have their own reasons, and it's clear that bounty participants can't just be blamed because they only use their free time to bounty, and now each participant also does his research before joining the bounty.
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May 02, 2020, 04:29:23 PM
 #26


Scammers knows what investors want, be very careful


I really like your point of view and strongly support it. IMO project from the beginning looked messy to me, users didn't have full control of their wallet to begin with, no private keys or mnemonic phrase or keystore. Also, the percentage locked after participating in the initial exchange model was way huge compared to the percentage released, doesn't really  make sense. Many Bounty hunters fall prey especially when a coin is trading (with low allocation as usual) or when the project has high allocation and hype even without being listed. The manager in charge also matters, that's one of the things to check before doing any bounty. Most importantly, do your best to ensure the project is genuine, if at the end things  go south, atleast you've done your part, there mustn't be a perfect end all the time.
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May 02, 2020, 05:17:15 PM
 #27

But why people are still joining bounties! Roll Eyes
and now each participant also does his research before joining the bounty.
If this is practicing by all the bounty hunters then who are feeding all those shit scam bounty campaigns? So its clear that not every bounty hunter is bothered to do enough research they just get attracted towards offers, social media activity and fake devs. Grin
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May 02, 2020, 05:30:18 PM
 #28

After tachyon protocol bounty became successful bounty hunters have since then become addictive with low bounty allocations, I have few facts to share with you today

1. Blockburn

This bounty campaign has only 15k worth of rewards, many said quality matters, well I don't doubt that, but I want you to learn from this, as small as the bounty allocation is they still scam, on BW exchange and cointiger the team dumped and they said they don't know who did it, for those who like judging based on use cases well blockburn had a good one. This makes many investors fall victim here, they raised lot of money easily.

2. IMO Platform

Another bounty campaign that introduce Initial Model Offering, something new to attract investors and bounty hunters, it did work because many invested on the IMO Token but in the end it's big scam or Ponzi scheme, the only connection I can find between this two projects is the bounty manager, a crazy bitch called @Duchesspink



This BM is very rude and I did challenged her on telegram about a project that raised fund successful on IMO Platform called HCE, she said she will get back to me after finding answers from the team but later she blocked me, becareful about this perfect scammers, nowadays scammers are capable of creating attractive projects, low bounty allocations doesn't count.

Scammers knows what investors want, be very careful


All that glitters are really not gold, one should be very careful when choosing Campaigns to Join and invest, what I do is to get peoples reviews on a project before I join
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May 02, 2020, 05:33:25 PM
 #29

You have named just two i can name more than two dozen such projects that have either not paid the bounty rewards or have lowered the reward after campaign end, massive devaluation on exchanges has happened to almost all projects so rewards have shrunk further automatically also do not forget a lot of exit scams and failed projects so all in all last 2 years have been terrible.

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jossiel
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May 02, 2020, 06:15:55 PM
 #30

Scammers knows what investors want, be very careful
Indeed. Being an investor also brings responsibility for each of us. Not just because you have the money, you'll invest whenever you want unless you don't care with where you are throwing your money.

Scams are almost everywhere and they'll come again with possible more batches this time because they can see that the market is growing and profitable again. To bounty hunters and investors, always look for feed backs and do research with the project you'll commit time and money.

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May 02, 2020, 06:48:00 PM
 #31

It's so surprising that Blockburn could even turn out this. That is the second time that the project will be resurrecting and I hope this time it won't be the end of it. Low allocation sometimes is to paint to investors that the price will be in shape. Doesn't really mean anything in the real world.

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May 02, 2020, 06:54:12 PM
 #32

The two projects that you said were rubbish projects, so I didn't join the two projects, and apparently I didn't feel sorry when I didn't join the two projects, because the project was held by savage scammers and always made strange rules like those in IMO project.
that is indeed true. I have heard a lot of negative news about the project you mentioned and even many participants who have taken part in the project so far have not received tokens or the project ended in being a fraud. I survived not taking part in it at the time.

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May 02, 2020, 07:07:32 PM
 #33

Inspire Motivate Overcome (IMO) charity initially began its work in 2006 by providing recreational and diversionary activities for young people in the Audley & Queens Park ward in an urban town called Blackburn, Lancashire. Since then it has grown its offering to work with and alongside the community; filling gaps in service where the people tell them there is need. IMO’s ethos is to support all of those who have an influence on the future generations whether that be family, peers, statutory organisations, businesses or the wider community.

Blockburn is a fully funded project, and as a result no funds will be solicited via ICOs, IEOs or any form of sales whatsoever. The project was propounded to enact a better store of value and equipped with an anti-inflationary architecture to help combat inflation induced depreciation.

mere reading about them you will want to fall for them they only have beautiful write up and imaginary mission.
It's true they look nice but they are not. It's true talk not all that gillter are gold
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May 02, 2020, 07:35:16 PM
 #34

seeing Blockburn being a scam, I really didn't expect it, because I saw that the project was a good project, and it was already listed on coinmarketcap.
really disappointing, this makes crypto image worse



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May 02, 2020, 11:18:57 PM
 #35

Tachyon is one of the most successful projects this year, there is no meaningful dump when bounty hunters get their rewards fairly, prices actually increase. And the telegram account displayed by the OP became one of the BM teams in Tachyon. Certainly not comparable to blockburn that looks full of engineering, a few days ago I saw someone who reported that the price dropped dramatically. see? even though the one managing the campaign is the same person, it doesn't mean the success in each campaign will be the same. We must realize this bud, cryptocurrency is very difficult to guess.

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May 03, 2020, 07:05:58 AM
 #36

seeing Blockburn being a scam, I really didn't expect it, because I saw that the project was a good project, and it was already listed on coinmarketcap.
really disappointing, this makes crypto image worse
Not just Blockburn, even Spyce is not going side ways, distribution to bounty hunters is still months away, I don't know why these projects are doing all this nowadays, projects that looks promising turn scam in a blink of an eye

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May 03, 2020, 09:27:01 AM
 #37

It's just the way crypto space works, you will never know what lies ahead until it's over, no one can predict the outcome of every bounty projects, choosing a project to promote is extremely hard than trying to invest in coins, with coins you can choose to invest in top coins, it's different in bounties
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May 03, 2020, 09:38:49 AM
 #38

Trust is about to be scarce pretty soon especially when dealing with new projects. They started to ruin it in the past 3 years ( that was 2017 when bounty, crypto projects hit on the floor and BOOM, and then get broke after. That was a terrible thing happen in crypto and that it hurts everyone's trust. Should they care about turning it back, I have to doubt that they won't.

Maybe these projects may seem to look good on the outside but have to think about how it looks inside. That's the quest?
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May 03, 2020, 09:57:21 AM
 #39

Trust in new projects is already gone, investors only care about making money out of IEO projects from top exchanges, as for bounties the hope or chance of getting good rewards are getting slimmer, if things continue like this I might have to quit bounties

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May 03, 2020, 09:58:19 AM
 #40

Scammers knows what investors want, be very careful


Not only they know what you want but they know how you think so they give what you want and they make things appear as it is what they want, so not only doing your research but more so on what others are saying on a particular project, do not pour everything on a new project, concentrate on more established coins.  

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