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Author Topic: I feel sorry for the EMIREX bounty hunters $20 for 9 months of waiting  (Read 705 times)
Rexler
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October 24, 2020, 08:59:10 AM
 #101

Damn, that's really really bad, it's not worth the wait at all, imagine after 9 months wait Just 24 usd for the bounty hunter, this is one of the disadvantages of participating in bounties,most times the tokens will go below the price they set, and you will end up getting $5 instead of $50 at the end of the campaign, some don't even pay at all, geez.

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October 25, 2020, 12:51:57 AM
 #102

The bounty campaign ended just over 9 months ago the token was credited on the bounty hunters account dashboard on Emirex the value then was $ 0.47 cents the token on the bounty hunter's dashboard is locked and  will be released this October 28 after 9 months
https://bit.emirex.com/ieo-announcement-3

Now the price is now trading at $0.18 I have a friend here who had 130 Emirex tokens valued now at $24 down from $49 it was such a long wait for $24, imagine waiting 9 months only to receive $24, this is how disgusting Emirex is, they should have released it much earlier.   
Thats the reason why i dont like bounties that pays after 9 months after the bounty end cause the price will surely go down, and the hardwork you give on the project will be worthless.

and yet you are still participating in a bounty program which paying in tokens. I've gone through the JACS bounty program and I did not see any clear date when the payment will be distributed. it's very possible that they'll make you wait for 9 months or even longer or it may just scam you all. (which is very common in new tokens) Emerix payment was also not clear when bounty was running. no one knew that they would take 9 months for paying few dollar worth of tokens and then lock their tokens for another unknown period of time.
Reatim
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October 25, 2020, 08:09:15 AM
 #103

Don't trust to them (Emirex), they put a fake address, they not Emirates Based Company, Their Company is from Estonia, Tallin City

If this is true then they are really not telling the truth here and intended to Mislead people?but at least like what I've said above they are paying and not running after the ICO.

any Update OP if the payment had already been released?

I have 12 EMRX in my emirex exchange account wallet...
3 USDT to wait for 9 months lol. Since the beginning, I never had high expectations for this project because I was sure that the trading volume was still small and Emirex was still not attractive to traders and investors. don't expect the price will 'go to the moon'  Cheesy
means 1 dollar per 3 months,that's what we called slavery lol.

mind what bounty have you joined?









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mirakal
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October 25, 2020, 08:50:07 AM
 #104

This is not the only campaign that has a very low price due to it's trading value.

Honestly, that's the reason why I am not anymore active in participating in bounty because I have experience many times that I have wasted my time and effort. However, we can't say or conclude that bounty is a failure as there are also projects that bounty hunters were able to get a good reward, its just that some are bound to fail our expectation, and actually most of them.

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Malam90
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October 25, 2020, 11:53:44 AM
 #105

I have been waiting for 9 months of this payment. I have 900+ tokens in the dashboard. Just they have released the token of the investors and bounty hunters tokens will be unlocked on 28 October. Now dropped the value from $0.46 to $0.18. When bounty tokens will be unlocked, the value will sure dropped down $0.10 or lower than that.
noorman0
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October 26, 2020, 03:10:32 AM
 #106

Didn't they indeed promise their token rather than value? At least you get paid for your token as they promised. When you become a bounty hunter, don't have much hope about token value, they won't care about you later.

Projects that seek to be legitimate and have potential care only for investors, most of whom keep the token price at some point in order to cover the amount sold to investors.

This space for rent.
Available in mid January 2024 - PM me
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October 26, 2020, 08:09:25 AM
 #107

Thats the reason why i dont like bounties that pays after 9 months after the bounty end cause the price will surely go down, and the hardwork you give on the project will be worthless.

After all, not all projects fail. It is true that due to the two-year bear market in the cryptocurrency market, many projects failed to deal with it. However, some of them survived and the price went up significantly.
In this case, unfortunately, the positive effects are still not visible, but it is not certain that the price will not increase in the next few months. These types of projects are usually long-term investments and profits can sometimes be waited for even several years.

If for long term many hunters know that most of the time they will decrease more of its value than increasing thats is normal happening in many bounties and bounties payment. So holding it will not be a good option if you want an easy money its better to sell it the day you receive the payment than holding it for long then lost.

It is because of this behavior, i.e. immediate sale of the received tokens, that developers hold token withdrawals for several months to avoid a price dump.
Investors also avoid investing in projects that allocate a large portion of their tokens to bounty pools as they fear that bounty hunters will drop them as soon as the token enter the exchange.
It is difficult to find the best solution, but in my opinion the most important thing is to choose those projects that are the most promising, bearing in mind that the profit will be after a long term.

arwin100
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October 26, 2020, 09:37:17 AM
 #108

Thats the reason why i dont like bounties that pays after 9 months after the bounty end cause the price will surely go down, and the hardwork you give on the project will be worthless.

After all, not all projects fail. It is true that due to the two-year bear market in the cryptocurrency market, many projects failed to deal with it. However, some of them survived and the price went up significantly.
In this case, unfortunately, the positive effects are still not visible, but it is not certain that the price will not increase in the next few months. These types of projects are usually long-term investments and profits can sometimes be waited for even several years.

If for long term many hunters know that most of the time they will decrease more of its value than increasing thats is normal happening in many bounties and bounties payment. So holding it will not be a good option if you want an easy money its better to sell it the day you receive the payment than holding it for long then lost.

It is because of this behavior, i.e. immediate sale of the received tokens, that developers hold token withdrawals for several months to avoid a price dump.
Investors also avoid investing in projects that allocate a large portion of their tokens to bounty pools as they fear that bounty hunters will drop them as soon as the token enter the exchange.
It is difficult to find the best solution, but in my opinion the most important thing is to choose those projects that are the most promising, bearing in mind that the profit will be after a long term.

The only one people can blame about the situation happening is the emirex dev since if they really afraid for the dump that might happen once the bounty hunters receive their tokens they should find a best solution for that matters, and holding the bounty for such a long time can create bad effect to their business since for sure many hunters are angry since they didn't compensate for their hardworks.

The best solution if they are afraid of dump is they do a gradual distribution of the bounties, maybe by this for sure many happy people will praise them since they do the distribution in proper way.

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October 26, 2020, 10:08:16 AM
 #109


The best solution if they are afraid of dump is they do a gradual distribution of the bounties, maybe by this for sure many happy people will praise them since they do the distribution in proper way.

Mostly the fault is on the developers end. Often they just give out too many tokens, resulting in an immediate dump after listing on exchange. Therefore, they should hire experienced advisers and managers to avoid such situations.
Gradual distribution is also a pretty good idea in my opinion.
I also saw propositions of % bonuses every three months for example for those bounty hunters who decide to keep the tokens.

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October 26, 2020, 11:36:05 AM
 #110

Welcome to the freelance jobs.

If everyone hoping so much will getting big or rich from bounty, you need to throw out that's thinking almost everyone using bounty as their main jobs. IMO the bounty program years by years already not really worth it, so if you want to get another income from bounty at least you have the main source of income in your real life.

yes, absolutely right I agree with you , bounties and airdrop should be part time work . There should be  another source of income if you want live good life.
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October 27, 2020, 05:26:20 AM
 #111

Tomorrow is the unlocked schedule for bonus tokens allocation. I see prices have been pumped up (by the team maybe) after dumping by distribution of tokensales last October 15th. maybe the price will be pumped back after dumping by the next unlocked program.

If this pump happens naturally, there is hope for hunters not to have to rush to sell their tokens which means the tokens still have market interest. If there is team intervention, the hunters must sell their tokens immediately because the team just saves the token price a little for the hunters.

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Anonymous100
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October 27, 2020, 08:44:56 PM
 #112

The bounty campaign ended just over 9 months ago the token was credited on the bounty hunters account dashboard on Emirex the value then was $ 0.47 cents the token on the bounty hunter's dashboard is locked and  will be released this October 28 after 9 months
https://bit.emirex.com/ieo-announcement-3

Now the price is now trading at $0.18 I have a friend here who had 130 Emirex tokens valued now at $24 down from $49 it was such a long wait for $24, imagine waiting 9 months only to receive $24, this is how disgusting Emirex is, they should have released it much earlier.   

I'm not sure Emirex will do well. Their token price continues to drop even though the token is locked. IEO has been running for a long time, unfortunately, it doesn't sell well because the IEO token price is higher than the exchange.

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bakasabo
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October 28, 2020, 10:38:55 AM
 #113

Information and example for those who likes to blame hunters for a price drops.

Emirex wrote in their telegram channel, that bounty rewards will be unlocked after sales end, later they announced unlock date to be October 28.
If you look at coinmarketcap graph, you can see that drop started from 27 cents to 24 on October 28. But the trick is, that bounty hunters still have their tokens locked and admin in telegram cant give clear answer when they will be unlocked Smiley

R


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October 29, 2020, 02:53:37 AM
 #114

After getting tired of waiting all year, it's now opened, but not completely. Admin has not provided an explanation and some people are still locked. Even more surprising, someone tried to withdraw and got $10 of usdt withdrawal fee.

too high a fee for just a new exchange, not a good offer and inconvenient for new users I think

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October 29, 2020, 04:11:46 AM
 #115

It's become stylish things, a large portion of the bounty campaigns spoil their reliance by doing this sorts of terrible attempts. I could not realize how a project spread negativity when researching a lot their team and product. EMIREX team are doing exactly same, it's definitely worse experience you're going to receive just couple bucks after a very long time.

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October 29, 2020, 11:41:23 AM
 #116

After getting tired of waiting all year, it's now opened, but not completely. Admin has not provided an explanation and some people are still locked. Even more surprising, someone tried to withdraw and got $10 of usdt withdrawal fee.

too high a fee for just a new exchange, not a good offer and inconvenient for new users I think

This shady exchange locked all the EMRX trades. Look on emirex.com - there are sell and buy order in all EMRX pairs, but graph shows there is no trading volume at all since price drop and unlock. The only place you could dump these tokens is HitBTC.

If you say that withdrawal fees for EMRX are in USDT, then this exchange is a total scam. This is not the way reputed exchange should protect its token.

R


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October 29, 2020, 01:12:13 PM
 #117

    ~
    If you say that withdrawal fees for EMRX are in USDT, then this exchange is a total scam. This is not the way reputed exchange should protect its token.

    I also tried withdrawal yesterday, then it was canceled by their system after 24 hours but the $10 fee wasn't refunded, I made a new withdrawal assuming the fee will be taken from the previous one. Apparently not, I was charged a new fee for it. So if I withdraw $100, I only get $80 for 2 withdrawals (1 time failed).

    Many members have asked this, but the admin avoids this question. I really don't recommend emirex because:
    • user interface isn't friendly and incomplete trading features.
    • I doubt the trading activity and volume there.
    • High withdrawal fees. If the withdrawal fails, the fee won't be refunded (they seem to be playing here to rob you of it subtly). Check theie fee structure out.
    • The withdrawal time can take up to 12 hours (in fact it is more than 24 hours).
    • Emirex can't handle multiple withdrawals at the same time and risks being canceled by their system.
    • Emirex can lock funds and delist any tokens on their spot without prior notification.
    • And the mood of their telegram admin is like a woman having her period, complicated.

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    Yurkov
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    Pepemo.vip


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    October 29, 2020, 01:38:05 PM
     #118

      ~
      If you say that withdrawal fees for EMRX are in USDT, then this exchange is a total scam. This is not the way reputed exchange should protect its token.

      I also tried withdrawal yesterday, then it was canceled by their system after 24 hours but the $10 fee wasn't refunded, I made a new withdrawal assuming the fee will be taken from the previous one. Apparently not, I was charged a new fee for it. So if I withdraw $100, I only get $80 for 2 withdrawals (1 time failed).

      Many members have asked this, but the admin avoids this question. I really don't recommend emirex because:
      • user interface isn't friendly and incomplete trading features.
      • I doubt the trading activity and volume there.
      • High withdrawal fees. If the withdrawal fails, the fee won't be refunded (they seem to be playing here to rob you of it subtly). Check theie fee structure out.
      • The withdrawal time can take up to 12 hours (in fact it is more than 24 hours).
      • Emirex can't handle multiple withdrawals at the same time and risks being canceled by their system.
      • Emirex can lock funds and delist any tokens on their spot without prior notification.
      • And the mood of their telegram admin is like a woman having her period, complicated.

      To be honest, this is the first time I have seen a fee required in USDT.

      It is clear on Etherscan that there was no token distribution (unless it happened much earlier and the smart contract was blocked). There have been very few transactions in the last three weeks:

      https://etherscan.io/token/0xbdbC2a5B32F3a5141ACd18C39883066E4daB9774

      23 days ago $1.11 was paid for the transaction of over 2,222,000 tokens:

      https://etherscan.io/tx/0x4b662da58d96c11f08deda8806f73b0af00427a6880f398906c62cda100e5cdb

      So I don't understand at all where the $10 amount is coming from
      [/list]

      ice18
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      October 29, 2020, 01:48:17 PM
       #119

      So unfortunate I feel sorry to those who waited for a very long time and received a few bucks in the end from my experienced as a bounty hunter for almost 4 years this is one of the problems of bounty hunters the token distribution if all bounty must require an escrow this will not happen and if all hunters will boycott new campaigns with no escrow then this will not happen in the future.

      livingfree
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      October 29, 2020, 01:57:28 PM
       #120

      Many members have asked this, but the admin avoids this question.
      If an admin of a bounty doesn't want to answer certain questions that you ask them, there's already a hint that you should doubt the payment.

      Feel bad for those who are waiting for this bounty and was delayed for a long time then efforts just go into waste.

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