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Author Topic: BOUNTY AND UNFAIR TREATMENT OF HUNTERS  (Read 621 times)
Raflesia
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September 27, 2020, 01:00:50 PM
 #21

Of course investors will hate bounty hunters because they are the ones who damage the price in the market, I also don't know whether this is true or not, but what I felt before as a bounty hunter when I got a token would sell it no matter what the price was definitely sold because they wanted to exist a definite reward and want to make money from the bounty.

But I see the hunters now asking them only that "when is the distribution" maybe the team is fed up with that word so bounties are imposed like pengemi.

But I think the bounty also can't be faulted completely because they are the ones who continue to promote better than other marketing.

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September 27, 2020, 01:32:29 PM
 #22

First of all, I don't think that bounty hunters are the ones who dump token prices. Perhaps most of bounty campaigns allocates only few percent of their total token supply to those bounty hunters. So, only a few percentage  would affect the token price if bounty hunters sell their token right away.
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September 27, 2020, 02:14:34 PM
 #23

First of all, I don't think that bounty hunters are the ones who dump token prices. Perhaps most of bounty campaigns allocates only few percent of their total token supply to those bounty hunters. So, only a few percentage  would affect the token price if bounty hunters sell their token right away.
well your logic is very correct because if you look at the total supply of a coin and its price at the exchange if the price falls and blaming the participants of the bounty campaign is a big mistake because actually what makes the price of a coin collapse is a project that is not very useful so making many people disinterested and no support from the developers is also one of the reasons.

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September 27, 2020, 02:25:04 PM
 #24

First of all, I don't think that bounty hunters are the ones who dump token prices. Perhaps most of bounty campaigns allocates only few percent of their total token supply to those bounty hunters. So, only a few percentage  would affect the token price if bounty hunters sell their token right away.
Yes, and that is clearly seen in all campaigns because on average bounty campaigns make small allocations for bounty hunters, so that the effect of reducing the price is only slight even though all bounty participants immediately sell their coins after distribution by the project team.
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September 27, 2020, 02:47:21 PM
 #25

It is of no doubt that many investors detest bounty hunters as they usually attribute the fault of price fall and dump to them, instead of blaming the project teams that do not put things in place to make their projects stand out.
Today, the team equally treat the hunters wickedly as if they're beggars after the hunters have completed the tasks assigned to them.

I recently witnessed a bounty pool of $15,000 with a participants of around 2,000. The bounty bounty was first scheduled for 4 weeks and later extended to 20 without a dime added to the pool.

The hunters endure the hash condition to complete the project and the hunters' were still delayed for several months after the bounty ended. When the started to pay, just 20% was released extending the rest of the payment to over 9 months.

Despite all these, the token price is still not attractive. Are all these hash treatments meted on hunters worth it!
I have joined many good projects so far, each project realizes that when pioneering development it requires support in any way, including bounties to campaign globally on forums and social media, when the project reaches its peak they will thank the bounty hunter and will be paid for campaign services. The only reason a bad project would be to divert the price dump was because of the bounty hunter but to be honest the project's growth was not good.

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September 27, 2020, 02:47:48 PM
 #26

First of all, I don't think that bounty hunters are the ones who dump token prices. Perhaps most of bounty campaigns allocates only few percent of their total token supply to those bounty hunters. So, only a few percentage  would affect the token price if bounty hunters sell their token right away.
Yes, and that is clearly seen in all campaigns because on average bounty campaigns make small allocations for bounty hunters, so that the effect of reducing the price is only slight even though all bounty participants immediately sell their coins after distribution by the project team.
They should blame investors of those coins who bought during pre-ICO at an outrageous cheaper price while waiting for the coin to be listed thereafter dump them immediately to make some profits, they are the major culprit, they don't bother about the future prospect, project and development of the coin while its very unfortunate that the dumped in token prices are usually placed at the door step of hunters even after enduring an endless wait to earn from their hard work, hunters should be selective in choosing bounties as the way out of this problem.

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September 27, 2020, 02:57:12 PM
 #27

First of all, I don't think that bounty hunters are the ones who dump token prices. Perhaps most of bounty campaigns allocates only few percent of their total token supply to those bounty hunters. So, only a few percentage  would affect the token price if bounty hunters sell their token right away.

Agree, the bounty hunter is not the main reason why the token dump too much. If the project itself is profitable, investors will probably buy all the dump token from bounty hunters. But the real problem is the developer of this project can't support their project or maintain the promising prize of their coin. Even if the allocation percent on the bounty campaign is too low, the token price will dump because the investors and developers of this project can't see that this token will be useful in the future.
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September 27, 2020, 03:05:35 PM
 #28

We cannot do anything about this kind of problem mate just be very careful on joining trusted bounties or you may join only the btc paid campaigns to avoid this such unfortunate situation joining bounty in this forum is all about luck much better to get a full job and threat this as a sideline.

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September 27, 2020, 03:28:57 PM
 #29

This happens quite regularly and teams behind those projects are usually getting away with no repercussions. You cant fight them legally, but bounty participant should more often raise their voice and express their stark disagreement with such unfair changes/practices. In the past I observed that threats of "scam accusation" work the best as teams are afraid that that could damage the image of their project.
Scam accusation won't work anymore if there are no supports from the reputable higher rank forum members, it was happening on DigitalBits bounty campaign after a year of waiting to get paid the bounty hunters receive nothing but insults and humiliation and the worst is their KYC's are held hostage by the DigitalBits team they have a scam accusation Thread but not much-getting support from higher ranks that's why if any investors looking into it they don't believe because there is not enough TAG now they are proudly running an Ambassador  Bounty campaign again like it was nothing happens. thats why its better to stop joining such Abusive Bounty campaigns to avoid those incidents to happen again. 
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September 27, 2020, 03:46:05 PM
 #30


The hunters endure the hash condition to complete the project and the hunters' were still delayed for several months after the bounty ended. When the started to pay, just 20% was released extending the rest of the payment to over 9 months.

There's the only way to fix this problem to make sure the creator of the campaign wanna try to escrow the funds that being used to pay the hunters, this story is always happening since a few years ago but only some managers who have been putting the community at their priority.

This can't be done easily at least the hunters must also avoid to promote the suspicious project.

This must not happen forever.

People should aware about this especially for the hunters who are blindly promoting any platforms.

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September 27, 2020, 04:18:35 PM
 #31

Well, I've been a victim of this before where a project we were supposed to promote for 3 months was extended by another 3 months, making 6 months, we couldn't do anything but to keep going, at the end of the 6 months, tokens were distributed only for them to be locked for another 6 months, some of us were happy because we thought that before the 6 months lock elapses, token must have added a lot of value but we were wrong, before the end of the lock period, token was only listed on latoken and price was shit, there were alot of sell orders with no one to buy, we all ended up with usless tokens...

Token prices dumping on the exchange shouldn't be blamed on bounty hunters, project managers are the ones to blame cus they fail to put in place a mechanism that will cub the effects of bounty hunters sell off.

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September 27, 2020, 04:52:55 PM
 #32

This is a very big problem that still exists up to now, projects and even the manager do not give us fairness. They freely extend the duration of the campaign without consulting us, in addition, they require a lot of information in order to receive tokens.
There are quite a few projects that previously required KYC and even email and phone numbers. This is like taking our information publicly.
I think a bounty campaign should have a moderator at the bitcointalk forum that rules by law, we need to be protected!
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September 27, 2020, 05:25:02 PM
 #33

The bounty is full of risk, and there's no guarantee that our work will become worth it especially if the project is just new. Don't listen to those who talk shit to bounty hunters, just do what you love and keep on working because being bounty hunter is a legal way to earn cryptocurrency. If the specific project goes down, that's because of the market sentiment and that is the result of how the project works, dumping the price can't do it alone by the hunters.

And I also don't think that dumping happens just because of the bounty hunters. This is not possible. if we look through project allocations, we can conclude by ourselves. I mean the percentage of coin allocation that is shared between the team, investors or bounty hunters. bounty hunters always get the rest and sometimes only a few %.


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September 27, 2020, 05:55:39 PM
 #34

I don't agree with what investors do, blaming the bounty hunter for a dump.
It's a scapegoat. Blame others while they are really the culprit of the dump.

They are the ones who got the bonuses from the pre-selling and I bet most of them are not long term investors but just in for profit.
Anyway, the team behind the project should have a solution for that. It always happen so why not be ready for something to equal it.
Blaming hunters for just 1-2 percent total of the token is not enough to bring down the value of it.
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September 27, 2020, 06:54:03 PM
 #35

It is of no doubt that many investors detest bounty hunters as they usually attribute the fault of price fall and dump to them, instead of blaming the project teams that do not put things in place to make their projects stand out.
Today, the team equally treat the hunters wickedly as if they're beggars after the hunters have completed the tasks assigned to them.

I recently witnessed a bounty pool of $15,000 with a participants of around 2,000. The bounty bounty was first scheduled for 4 weeks and later extended to 20 without a dime added to the pool.

The hunters endure the hash condition to complete the project and the hunters' were still delayed for several months after the bounty ended. When the started to pay, just 20% was released extending the rest of the payment to over 9 months.

Despite all these, the token price is still not attractive. Are all these hash treatments meted on hunters worth it!
I'm sorry for your situation. You should do better research in the future. I can assume that you were mentioned about alchemy bounty. Alchemy bounty isn't right to do that. Now alchemy project will be distributed every 3 months but before starting the bounty no rules were there about it. Without limited hunters, we shouldn't participate in a low budget campaign.
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September 27, 2020, 07:30:18 PM
 #36

it is no longer news that campaigns organized here have no intention of paying hunters. Most project owners believed that hunters are engaged in lots of projects so they will get paid working on other projects. it is obvious that bounty these days are worthless. forget the hustle, it is just worthless. My humble advise to newbies here is to go back to airdrops.

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September 27, 2020, 07:45:42 PM
 #37

it is no longer news that campaigns organized here have no intention of paying hunters. Most project owners believed that hunters are engaged in lots of projects so they will get paid working on other projects. it is obvious that bounty these days are worthless. forget the hustle, it is just worthless. My humble advise to newbies here is to go back to airdrops.

There are still worth promoting projects and teams paying good tokens that actually will have a value in the future. These projects however is just rarely going to do campaigns and you'd be lucky to have joined in because most of the time when a good project does have a campaign, bounty hunters just rush to join filling all the position which is limited.

But then the payment phase again will take weeks to months. This is becoming normal too.

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September 27, 2020, 07:54:47 PM
 #38

When you are getting paid with some random project tokens is always a gamble what you get. Either get the projects you want to advertise or accept only projects that pay with coins that have value (like btc/eth).

Or then you have a possibility of writing in here and not wearing signature at all. I feel amazed how bounty hunters seem to think that it's a real steady job with an union benefits. Like they are entitled of more benefits because they've been promised stuff. Investors get scammed left and right and bounty hunters are surprised that their work sometimes aren't worth it?

But if it makes you feel better, those projects that don't treat bounty hunters well don't probably care about their investors either, because paying investors don't want to deal with all the shit talk and fud that unpaid bounty hunters unleash that could affect the value of the token.

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September 27, 2020, 08:04:49 PM
 #39

It is too difficult to determine who is to blame when the prices of newly listed token or coin on exchanges do not match the expectation of many. Bounty hunter only have 0.1-1% distributed of the total token allocation, and are they to blame when prices drop on the exchange?

I think so far market support for new token has been very weak as trader still find it too difficult to believe in the potential that exists in these token. Lack of market demand makes it difficult for price to rise, and that will continue to be the case with most new token or coin. As usual, the feared new token or coin had no potential to be sustained and it made bounty hunter sell it cheap in the market.


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September 27, 2020, 08:09:32 PM
 #40

How all projects and bounty managers say - dont like it, dont participate. No one forces you to join. But then, with such an attitude to hunters, blame them (even if they are not guilty) for dropping price and burying a project. Funny, sad and ridiculous cycle of bounty.   

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You get the peow peow
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