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Author Topic: Upcoming Projects Doing Scam  (Read 918 times)
Anonylz
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December 19, 2020, 04:56:24 PM
 #61

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

Because the intention was always dubious from the beginning, the aim was to scam and disappear like nothing ever happened, it is very easy for their type to blame it on bounty hunters mean while the real culprit are the project owners, they will make it look like the market is the cause while they are the ones dumping,
The p2p team even went to create another token called 0xgas even that has also dump in price.

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Mulann2
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December 19, 2020, 08:42:50 PM
 #62

Yeah tell me how they expect hunters to be loyal and hold their shitcoins when they are the first to dump on hunters, if the owner of project can so this then why even blame hunters when they do something as well,
Just like what happened with Emporium finance project, they dump even before the project will develop any feet, hunters where left stranded, this is the case.
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December 23, 2020, 05:07:36 PM
 #63

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.
feels not right to mension that all projects are doing scams , it is true that there is a lot of shit out there but "i talk just for myself" , there are still safe bountyprojects , just do not fall to fast for nice talks and promises and pictures but find real info about the projects you take part in
AhmadM
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December 23, 2020, 10:07:54 PM
 #64

[...] in the beginning, nobody doesn't have any clue about the company situation. Every company seems to be perfect and answer the question in a polite way and act like they are the legit ones in the world. Once, after fund raising we will understand the real nature of the team.
Well, that does not happen if the teams developing the project in real-time (actual, not just the words) and transparent on all of their developments as well. By that at least we could imagine or thought some possibility what would happen to the project in the near future.

bounty hunters are not completely criminals, most of the bounty hunters are trapped by themselves with fraudulent bounties, they are not aware of what they are promoting as bounty hunters, therefore we as hunters alike are looking at and providing news with more valid information about potential bounties. in the future
That's off-topic dude, there is no one here talking about "whether hunters are criminals or not".
carlfebz2
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December 24, 2020, 09:44:04 PM
 #65

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.
feels not right to mension that all projects are doing scams , it is true that there is a lot of shit out there but "i talk just for myself" , there are still safe bountyprojects , just do not fall to fast for nice talks and promises and pictures but find real info about the projects you take part in
Easy to say but would really be hard to find one and this is some sort needing some luck for you to choose the best one aside on making an in depth research.

You cant really blame people not to say that all projects are scam because it is actually happening as of this moment that majority of them are just total shit.

You wouldnt know on which one would be real because there are proejcts who do looks legit but still a scam but there are some do looks garbage but a legit one.
This is what makes the situation more harder.

Chathusand
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December 27, 2020, 08:54:23 PM
 #66

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

Some projects are scams. But most of the projects are not scammed they are just failed to reach their end product? final target. Because of these reasons token price dumps.
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December 28, 2020, 02:05:13 AM
 #67

Some projects are scams. But most of the projects are not scammed they are just failed to reach their end product? final target. Because of these reasons token price dumps.
that's wrong. Failed means scam and they can't deliver what they have promised before. ICO is not  a trial error and then developers gone with all of money. If they failed to achieve it and at least they must be transparent with what happened with the funds. As far as I know that if almost all of scam or failed projects were not so transparent to the investors.
that makes the investors being scammed because they know this is not a trial and error game.

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Btc_1856
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December 31, 2020, 06:45:20 AM
 #68

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.
feels not right to mension that all projects are doing scams , it is true that there is a lot of shit out there but "i talk just for myself" , there are still safe bountyprojects , just do not fall to fast for nice talks and promises and pictures but find real info about the projects you take part in

You are right, most of the people here will fall for the nice talks and fake promises. A company will do massive allocation to the bounty community in order to raise the funds, but every company will scam at least, till now very few bounties are very successful in the cryptocurrency. So we should always be very careful when choosing any bounty.

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December 31, 2020, 12:52:00 PM
 #69

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

Some projects are scams. But most of the projects are not scammed they are just failed to reach their end product? final target. Because of these reasons token price dumps.
thee is no much difference of failing and scamming for the bounty hunters. bounty hunters are always in lose no matter if projects are failed or they scammed. something has to be done to protect the bounty hunters. i saw nowadays management agencies like BountyDetectiveare escrowing bounty tokens with them.
and that's what I will do too if i ever manage bounties in future.

Chathusand
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January 02, 2021, 11:16:51 PM
 #70

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

Some projects are scams. But most of the projects are not scammed they are just failed to reach their end product? final target. Because of these reasons token price dumps.
thee is no much difference of failing and scamming for the bounty hunters. bounty hunters are always in lose no matter if projects are failed or they scammed. something has to be done to protect the bounty hunters. i saw nowadays management agencies like BountyDetectiveare escrowing bounty tokens with them.
and that's what I will do too if i ever manage bounties in future.
Actually, if the project fails we cant named it as a scam, Coz there may be various reasons.
And about Escrowing bounty reward is a good way to reduce scams before it spread.
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January 04, 2021, 02:30:45 PM
 #71

You are right, most of the people here will fall for the nice talks and fake promises. A company will do massive allocation to the bounty community in order to raise the funds, but every company will scam at least, till now very few bounties are very successful in the cryptocurrency. So we should always be very careful when choosing any bounty.
Massive allocation in this market pretty much begs the tag of scam project. Most projects which were even close to being successful did a reasonable allocation to bounties and kept small portions to advisors and team so that neither of these groups can coordinate a pump and dump and make the market price drop by huge amounts when listed.

You can be careful but you will still fail because 99% of projects are failures from the start. What these owners do is that they test the waters by going for a funding in this non-regulated market. If it goes well, then they gambled a win but even if they lose, it dont matter to them, they got money and sold you their shit which is worth nothing.

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aemma
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January 09, 2021, 08:50:07 AM
 #72

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

It is becoming a reoccurring scenario, that after bounty ends, the project team will start saying things which weren't agreed on or even giving excuses why the payment will be delayed, some might go as far as re-auditing the spreadsheet just to find excuses on why they will not pay or reduce the reward, and in all these what can be done? Nothing because it is stated in the bounty thread that the team can change the rules at anytime. It is only very few bounties that the team always stick to their own side of the agreement. What surprises everyone is, during the bounty period, there will be no issues from the team but after the bounty the issues surfaces.
Furthermore, I do not know much about those two bounties, but that is what most team do, delay the reward, and when the price reduces badly they pay, in most cases, bounty hunters will hold and expect a good price later on and in some cases, the project becomes abandoned and the reward worthless. 
Nevertheless, there is little to nothing bounty hunters can do, other than researching every bounty thoroughly before participating and also asking the team the right questions if possible to be on the safer side.
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January 09, 2021, 08:59:00 AM
 #73

why all upcoming and new projects doing scams with bounty hunters for example P2P and YOUengine when bounty distribution is near they dump the token price and fail all hardwork of bounty hunters who help promote their projects many weeks after this promoters get nothing.

Some projects are scams. But most of the projects are not scammed they are just failed to reach their end product? final target. Because of these reasons token price dumps.
thee is no much difference of failing and scamming for the bounty hunters. bounty hunters are always in lose no matter if projects are failed or they scammed. something has to be done to protect the bounty hunters. i saw nowadays management agencies like BountyDetectiveare escrowing bounty tokens with them.
and that's what I will do too if i ever manage bounties in future.
that's it. The bounty detective was putting the escrow as the requirement to use its service. I know that there's a project called cyclop finance that didn't pay the hunters at the first round of the campaign and in the second round after it being managed by the BD and BD was escrowing the reward for the hunters.
This is the only way that can be used to protect the hunters. Even the legit project didn't pay the hunters too.

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April 18, 2021, 08:31:23 PM
 #74

Any of the projects are bogus. However, the majority of programs are not scams; they just struggle to meet their end product's ultimate goal. Token price dumps occur as a result of these factors.
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