ene1980
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May 05, 2020, 07:51:19 PM |
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BitConnect was a very popular project (although not ICO if I remember correctly) and look at the damage they've done. Popular =/= legitimacy. There are lots of factors to take into consideration if you want to decide whether a project is worth the investment or not - popularity may be one of them, but shouldn't be the decisive one. They conducted an ICO in 2016 here is the thread [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency, many got trapped because of FOMO in bitcoin and wanted to make money and they were able to convince new investors and shrug off anyone calling them a ponzi with constant lies. There are many hunters who skip their research and trust some random users advice on those project rating platforms.
There were many websites who used to rate every ICO projects and many or all used to take money from the projects and give a high rating, you cannot trust anyone who reviews and rate investment.
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Valzador
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May 05, 2020, 07:55:03 PM |
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ICO is now unbelievable where a lot of failure continues and even investors get through it, I have often joined bounty campaigns and have received some bounty tokens but until now most tokens are worthless and not on the market even though the project has reached the finish when it is said. really lots of crap tokens in my wallet.
Bounty now does not need to join directly, I better do what research I can, but for me it has been effective.
Are you still thinking of joining the project that will hold an ICO? I have even discarded the option for a long time, it is too risky, and no one will guarantee that your funds will not be lost. Even though IEO isn't perfect, there is a guarantor that your money won't just disappear.
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cytpoway121
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May 05, 2020, 08:57:34 PM |
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I have gone through the thread and there are several blame games, as well as compassionate words. As much as bounty is rewarding for noobs and pros, we must not forget the reality of bounty hunting; and the reality is that rewards depend on the team, not the bounty manager.
It is true that sometimes bounty managers, are culpable and allow non payment by non interference, but it is rare.
Rewards, and profits from reward all depend on the team, why ? we have seen team members that dump the market before sending rewards like stib tokens; and we have seen team members that sent rewards at the peak of their projects in harmony and tokoin. i used most recent example so you would take note.
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Krislaw
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May 05, 2020, 09:16:34 PM |
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Shit happens in bounties too. Either they slash the allocation or they lock the token and distribute when it's valueless or they swap contract address and distribute the fake one. You can't be too sure because the ones you think would be sure might not be.
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pikkie
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May 05, 2020, 09:19:08 PM |
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Shit happens in bounties too. Either they slash the allocation or they lock the token and distribute when it's valueless or they swap contract address and distribute the fake one. You can't be too sure because the ones you think would be sure might not be.
I think when a project swaps and changes its algorithm they will provide information to the participants in the telegram and it can show that they are enthusiastic about how much they are interested in the coin because only those who really pay attention to their project can get a lot of profit.
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bitkanu
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May 05, 2020, 09:19:46 PM |
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ICO is now unbelievable where a lot of failure continues and even investors get through it, I have often joined bounty campaigns and have received some bounty tokens but until now most tokens are worthless and not on the market even though the project has reached the finish when it is said. really lots of crap tokens in my wallet.
Bounty now does not need to join directly, I better do what research I can, but for me it has been effective.
Are you still thinking of joining the project that will hold an ICO? I have even discarded the option for a long time, it is too risky, and no one will guarantee that your funds will not be lost. Even though IEO isn't perfect, there is a guarantor that your money won't just disappear. Guarantee fo what? I have seen those who have participated in blockburn have already scammed and the participants will never get a reward. You must see an ico just like solana was doing better like it can be listed on binance instantly. The result will be going back again to the project to determine whether it's good to invest or not.
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gundala
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May 05, 2020, 09:23:31 PM Last edit: May 05, 2020, 09:36:36 PM by gundala |
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Shit happens in bounties too. Either they slash the allocation or they lock the token and distribute when it's valueless or they swap contract address and distribute the fake one. You can't be too sure because the ones you think would be sure might not be.
That is an unexpected thing. Projects look successful, sales are good, bounty campaigns are also smooth, but there are often sudden changes before distribution: payments will be made in 3 months, or tokens are locked and it will take 365 minutes to open them. That's really sad. This proves that being a bounty hunter requires extra patience. Taking the time to analyze the project is very much needed, and the important thing is not to be easily provoked even though the token or coin is already listed in the market. Many things are predictable, prepare mentally and extra patience.
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itsv
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May 05, 2020, 09:43:23 PM |
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Shit happens in bounties too. Either they slash the allocation or they lock the token and distribute when it's valueless or they swap contract address and distribute the fake one. You can't be too sure because the ones you think would be sure might not be.
That is an unexpected thing. Projects look successful, sales are good, bounty campaigns are also smooth, but there are often sudden changes before distribution: payments will be made in 3 months, or tokens are locked and it will take 365 minutes to open them. That's really sad. This proves that being a bounty hunter requires extra patience. Taking the time to analyze the project is very much needed, and the important thing is not to be easily provoked even though the token or coin is already listed in the market. Many things are predictable, prepare mentally and extra patience. well the safest bet now a days is to join exchangeable bounties or the one which pays weekly. Apart from that i agree you need to do some research before joining any project as you are investing your time into promoting their product.
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soramon
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May 05, 2020, 10:59:11 PM |
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There is no smooth bounty anymore. Everything that we expected will ruin anytime. Maybe the sell is good or the project get listed on big exchange. But, the distribution of the reward will happen on next 4 months ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I think we can only anticipate that condition.
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crustycrab666
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terra-credit.com
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May 05, 2020, 11:31:43 PM |
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There is no smooth bounty anymore. Everything that we expected will ruin anytime. Maybe the sell is good or the project get listed on big exchange. But, the distribution of the reward will happen on next 4 months ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I think we can only anticipate that condition. It's so sad. Even if the project is successful, it does not guarantee that it will provide fair rewards for bounty participants. Often the rules change, the distribution is delayed, rewards are locked, etc. But what else can I do? that's the risk. At least we have tried and got a good chance to have this lucrative side job. I think, hard work and effort alone is not enough for now, but also luck. So don't give up easily ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Gab20
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May 05, 2020, 11:45:21 PM |
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At this point in time I think it's better not to depend on bounties that are trading, if the project is not a popular one it's dangerous to promote them, Cartesi was never listed until bounty is over and the team chooses binance, let's choose bounties wisely and don't fall for useless projects just because they are listed e.g AZBI
I knew someone was going to mention AZBI. I wanted to even check if they still have active bounty participants. If there are people still participating in their bounties, it men's they are not aware of what is happening and that they are not active on this forum enough to read information as they come. I think generally, we should not expect all the projects we rated well at the beginning to end well, so as not to feel disappointed.
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bgaf
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May 06, 2020, 03:39:19 AM |
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No one has really a fortune ball to see which one will be succesful. Yes you are right there are safe campaigns to join but also some projects such as hex and ixinium that skyrocketed should not be judged. But knowing that hex has some allegation on their project means this could be another pump strategy of the team. But who knows right? We should remember that airdrop and bounty is a gamble and those have high courage to risk for anything could win the game. Check those who joined hex campaign, they earned huge anf those who judged the project now creating something bad about hex. Life is not fair right? Crab mentality will always be seen no matter how you act fairly.
Bounty campaign has been with us, and we should learn from it on the previous years that we are doing it.
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Novatech8
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May 06, 2020, 06:32:19 AM |
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You should only rejoice when you are able to sell your bounty tokens on exchange for good money, if this haven't happen just have it in your mind that you might not get anything from the bounty project, quality projects might not pay out a dime and a very low project can pay you big
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Mighty_crypt
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May 06, 2020, 06:41:56 AM |
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Hex bounty did so well, it's same thing with ixinium bounty too, the lowest rated bounties are the ones taking over, lucky are those bounty hunters who joined these bounties, i think I haven't learned my lesson, I joined blockburn and Spyce bounty and now I'm at loss, same thing happened to me last year where I missed temtum and Tokoin
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pakhitheboss
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May 06, 2020, 06:51:40 AM |
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I have not seen any high rewarding bounties after 2018. Till date either very few of them have seen exchange and those awhich are their are struggling to survive.
For example Cartesi, it is a good project which is being promoted by a good team. It did get listed on Binance on 23 of April. The price at that time was $0.5 and now it has gone down to $0.3. Volume have also declined considerably.
In my opinion Bou ties are over now. There are very few projects left in the market and those which are their are struggling to get investing.
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bakasabo
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May 06, 2020, 07:10:01 AM |
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There is no smooth bounty anymore. Everything that we expected will ruin anytime. Maybe the sell is good or the project get listed on big exchange. But, the distribution of the reward will happen on next 4 months ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I think we can only anticipate that condition. What was the reason you have chosen to participate in Relictum Pro bounty? Do you know that they had a bounty campaign before and the project has not got listed, but got renamed into Relictum Pro Blockchain 5.0, from 4.0 ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Dont you have an inner feeling, that when your bounty campaign ends, they will rename themselves into Blockchain 6.0 ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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lobo13hf
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May 06, 2020, 08:17:35 AM |
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There is no smooth bounty anymore. Everything that we expected will ruin anytime. Maybe the sell is good or the project get listed on big exchange. But, the distribution of the reward will happen on next 4 months ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I think we can only anticipate that condition. The problem is if the team can change the agreement anytime and that looks not fair for everyone in the campaign. I would like say that there was still a legit bounty but the problem is the distribution is very complicated to be done in a short time. I quite disagree with your statement above.
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Santri
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May 06, 2020, 08:32:49 AM |
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julerz12 and bubbalex, they always make sure that bounty hunters get paid no matter what, this is what I called good bounty managers
I disagree with this because of the two managers that you mentioned ever,not pay bounty participant even they also once managed scam project
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DabsPoorVersion
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May 06, 2020, 08:43:19 AM |
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julerz12 and bubbalex, they always make sure that bounty hunters get paid no matter what, this is what I called good bounty managers
I disagree with this because of the two managers that you mentioned ever,not pay bounty participant even they also once managed scam project Can you provide your proof that these two managers did not pay their bounty participants? Especially julerz, he is a good bounty manager that always secure the rewards of bounty participants of the campaigns he handles. He even had this option of holding the funds so he can do personally the distribution of rewards after the bounty ends.
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tangtangup
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May 06, 2020, 08:44:08 AM |
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The market has changed, not all good project will come to a successful result then get list on exchanges and paid. Bounty now like a lucky game. You choose good campaigns to join to increase your luck ratio, that's all.
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