5m*$0.01 isn't equal to $50k | Bitcointalksearch.org

Wakate

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Quote from: Little Mouse on August 27, 2021, 10:03:13 PM

I was checking the bounty section few days ago and found the bounty CakeBNB token- https://bitcointalksearch.org/topic/bounty-cakebnb-token-bounty-campaign-150000-in-tokens-5353976
In the title, it says the total bounty reward is $150k in token. When I have visited the bounty thread, it says the same still but like this "5,000,000 CakeBNB worths of $150,000". Each CakeBNB = $0.01
All these information is posted in the thread. How can 5 million token worth $0.01 each worths $150k? I replied in the thread but OP seems not to care about that.
Why would even they care? Hundreds of hunters are joining without even reading lol. Such a heaven!

The problem is a lots of bounty hunters does not care to read and all they are interested in is to get in the bounty. It is very alarming that many hunters does not even care if the project will ever end well. Many so call bounty projects had ended up being a scam wasting participants time and energy that could be put into something that would have yielded positive results.
Every bounty participants should be prepared and aware of the results of hunting for bounty and should not in any lament about the unsuccessful of a project or not being paid for participating for bounty.

Little Mouse

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: Rikafip on August 28, 2021, 01:03:31 AM

By the way, you could have shared the bounty thread so we don't have to search it by ourselves.

You possibly missed my post or haven’t read carefully. Just sharing your opinion based on the title. Please have a further look. I have shared the link from the beginning at the OP.

Quote from: JeromeTash on August 28, 2021, 03:33:22 PM

Why even bother yourself?

It doesn't matter because the shitcoin itself isn't listed in any exchange yet, it has zero value as of now, so where do they even get the confidence to say 1 CakeBNB= $0.01.
In fact, they haven't even created the token yet, but people are just busy joining minus trying for the smart contract.

It’s ICO/IDO/presale price. It’s set by the project. If anyone thinks the ICO price is overvalued, they will not invest and if anyone thinks the ICO price is undervalued, they will invest. I know you are aware of this and how ICO price works but not sure what's in that.
What I'm bothering is the point made by COOLCRYPTOVATOR above. Team may intentionally have written that to attract the bounty hunters by sharing lucrative rewards while actually it is not. I'm bothering for that. They have written $150k twice, once in title and once in the thread. So, if it was not intentionally done, this two would be different. At least one would be correct.

JeromeTash

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Heisenberg

Why even bother yourself?

It doesn't matter because the shitcoin itself isn't listed in any exchange yet, it has zero value as of now, so where do they even get the confidence to say 1 CakeBNB= $0.01.
In fact, they haven't even created the token yet, but people are just busy joining minus trying for the smart contract.

The Cryptovator

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Ridiculous, but not surprising. Most likely they have been trying to mislead hunters. Because a newbies account running the campaign. You may ask the manager about that issues, if it's a mistake then fine. But I don't think it's a mistake. They wrote it intentionally. Let them correct if they admit mistakes. By the way, hunters never have enough time to read campaign threads, so blaming them is just useless.

rhomelmabini

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The telegram has only 240 members, the twitter was 100+ and by the looks of your question on the title it looks like a grammatical error on their side and they doesn't care much of it because the bounty has been abandoned or something. Let them know about the issue and if week passed and that hasn't been catered then that's it, it's been abandoned.

Rikafip

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Quote from: Little Mouse on August 27, 2021, 10:03:13 PM

How can 5 million token worth $0.01 each worths $150k? I replied in the thread but OP seems not to care about that.
Why would even they care? Hundreds of hunters are joining without even reading lol. Such a heaven!

You answered yourself there, no one really cares; bounty hunters are lemmings that are mindlessly joining new campaign not caring much about trivial stuff like bounty pool size and whether it make sense, while CakeBNB hasn't been online ever since they created that bounty thread and most likely won't even distribute bounty tokens so why should they bother adjusting bounty pool or whether math checks out. It's just a quick cash grab afterall.

By the way, you could have shared the bounty thread so we don't have to search it by ourselves.

yahoo62278

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You could pm the team and let them know of their mistake. We all know that bounty hunters don't read, so really this thread is kinda pointless unless you feel the team is misleading users on purpose. If that's the case then open a scam accusation.

Little Mouse

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

I was checking the bounty section few days ago and found the bounty CakeBNB token- https://bitcointalksearch.org/topic/bounty-cakebnb-token-bounty-campaign-150000-in-tokens-5353976
In the title, it says the total bounty reward is $150k in token. When I have visited the bounty thread, it says the same still but like this "5,000,000 CakeBNB worths of $150,000". Each CakeBNB = $0.01
All these information is posted in the thread. How can 5 million token worth $0.01 each worths $150k? I replied in the thread but OP seems not to care about that.
Why would even they care? Hundreds of hunters are joining without even reading lol. Such a heaven!

Topic: 5m*$0.01 isn't equal to $50k (Read 197 times)