Blockburn, A big Failure - page 7. | Bitcointalksearch.org

xSkylarx

hero member

Activity: 2352

Merit: 594

Quote from: Doranile432 on May 01, 2020, 02:11:11 AM

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

This is not something new. There had been tons of projects there who even had a great launch and decent price and now is almost down to zero. There could be a lot of factors to this. It could be the team had dumped what they are holding or investors had already left the project to get thwir income.

culuuton

hero member

Activity: 1593

Merit: 502

Quote from: gaston castano on May 02, 2020, 10:51:11 AM

I also followed the campaign and so far I have not received my payment.they postpone it again for three months, I hope that when they share it, they pay according to what they say, which is $ 15,000 for all participation.
in many projects that look promising, but with a fraudulent end, you can look for many other good projects out there again.

BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

davide72

legendary

Activity: 2226

Merit: 1014

Quote from: daniahya on May 02, 2020, 08:30:01 PM

Quote from: Zazzu on May 02, 2020, 05:40:35 PM

Quote from: Zemomtum on May 02, 2020, 04:57:26 PM

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

instead of not making a payment but they delayed payment for up to 3 months and the team did not give an exact date, now they can only wait until 3 months have passed, if they still delay after 3 months it means they have no intention of paying the bounty hunter

Making predictions is useless, we all know how these things turn out!

daniahya

legendary

Activity: 1932

Merit: 1000

Quote from: Zazzu on May 02, 2020, 05:40:35 PM

Quote from: Zemomtum on May 02, 2020, 04:57:26 PM

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

instead of not making a payment but they delayed payment for up to 3 months and the team did not give an exact date, now they can only wait until 3 months have passed, if they still delay after 3 months it means they have no intention of paying the bounty hunter

davide72

legendary

Activity: 2226

Merit: 1014

i can tell you more, they did count many bounty stake wrong, many participants had far more stakes than they had to receive , they probably knew before the bounties began that they would pay no one and dump alla the tokens!
However this accusation thread will not change anything, these people have used bitcointalk to make their own game. To avoid it would be enough to use an escrow for each new thread on the bounty forum, those who do not accept the escrow should be forbidden to use the bounty thread , it could be a solution, many scam projects like blockburn could be avoided in the future, at this point I believe that only forum moderators can do something, only if they want to do it. I have seen many legendary users banned for stupid reasons instead these scam projects have multiplied in these two years without the moderators taking serious action against them.I am convinced that they can do something...much depends on them.

BeginToMine

full member

Activity: 434

Merit: 101

https://www.payaccept.net/

You sound as though you do not understand the space. It's so pathetic such happened but many projects are good in whitepaper but not life, it's good to follow them up and watch the team zeal not what is on whitepaper please. Gone are the days people still look at whitepaper. We now look at real stuffs.

Zazzu

sr. member

Activity: 518

Merit: 256

Living the truth....

Quote from: Zemomtum on May 02, 2020, 04:57:26 PM

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

They don't even mak payments for bounty hunter. They dumped the token and left the project, I am convinced that those who mention bounty on their telegram channel will be banned permanently. A project failed and stingy

HunterUnchained

jr. member

Activity: 182

Merit: 1

I am certain they team rebranded it from what is what with the sole intention of floating and IEO just to swindle unsuspecting investors before finally running away with investor's funds. This has got to be one of the most disappointing projects in recent memory. Had high hopes for that project and thought they were really going to become a force but it seems I was totally wrong. Unless something happens and the confidence built back, Am not sure they are ever going to regain their status and trust.

Zemomtum

full member

Activity: 1316

Merit: 104

CitizenFinance.io

Woah, as much I developed an interest and promoted this project, the team has dumped the token before they sent to bounty hunters. Nobody to call now hat he dumped the token, all is from team action

cytpoway121

member

Activity: 1540

Merit: 68

Quote from: Doranile432 on May 01, 2020, 02:11:11 AM

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

This is an interesting phase of crypto currency, projects like hex goes overboards and performs beautiful increase in rates amidst hunters dumping
While blockburn full of hypes, full of support, full of working product, fail right before everyone.

Nobody knows what happened yet, but with time it will definitely unravel before us

My advice is this, before joining bounties, always do your own research

[email protected]

full member

Activity: 1120

Merit: 101

Quote from: davide72 on May 02, 2020, 11:03:36 AM

Well nothing to loose at the moment, all project is a failure project or is a scam . For me all bounty section could be closed without a problem , the last
couple years i think i got like 20 dollars max and many scam bounty manager who still have to get the coin from!

although many thought the current project would end well. but in reality, some of the supported projects did not produce success. maybe it is already very little that can be obtained from the campaign as you say.

davide72

legendary

Activity: 2226

Merit: 1014

Quote from: janggernaut on May 02, 2020, 10:48:28 AM

Quote from: suryana on May 01, 2020, 11:25:45 PM

Maybe you feel only one project, but for me that is something that is common in the Crypto world projects, Like Titanium (TBAR) where the price of their token is $1, but after their Developer has a legal problem, and put him into jail, then their project was abandoned, making TBAR prices worthless on the Exchange. So there are many reasons why a project fails.

BAR was traded on $4 and then after they claimed they got hacked, they rebranded to TBAR (which the price always keep falling down since many user don't believe with it) and now after years, their only become one of shit token on CMC and have almost zero volume.

Quote from: davide72 on May 02, 2020, 08:24:46 AM

Quote from: metenjean on May 01, 2020, 11:46:18 PM

I am lucky not joined with this project because checking with reward for bounty participants little and I am not interested with this campaign, after updating price very low so sad for other participant waste their time without get reward in this bounty campaign project.

you are lucky only at this bounty project next time it could be your turn, this is a problem for all bitcointalk member not just who partecipated in at this bounty project. This is a problem that happens very often, something needs to be done to stop this trend on bitcointalk

The way to stop this is by not join in any of altcoin campaign.

Well nothing to loose at the moment, all project is a failure project or is a scam . For me all bounty section could be closed without a problem , the last
couple years i think i got like 20 dollars max and many scam bounty manager who still have to get the coin from!

gaston castano

sr. member

Activity: 1526

Merit: 251

I also followed the campaign and so far I have not received my payment.they postpone it again for three months, I hope that when they share it, they pay according to what they say, which is $ 15,000 for all participation.
in many projects that look promising, but with a fraudulent end, you can look for many other good projects out there again.

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: suryana on May 01, 2020, 11:25:45 PM

Maybe you feel only one project, but for me that is something that is common in the Crypto world projects, Like Titanium (TBAR) where the price of their token is $1, but after their Developer has a legal problem, and put him into jail, then their project was abandoned, making TBAR prices worthless on the Exchange. So there are many reasons why a project fails.

BAR was traded on $4 and then after they claimed they got hacked, they rebranded to TBAR (which the price always keep falling down since many user don't believe with it) and now after years, their only become one of shit token on CMC and have almost zero volume.

Quote from: davide72 on May 02, 2020, 08:24:46 AM

Quote from: metenjean on May 01, 2020, 11:46:18 PM

I am lucky not joined with this project because checking with reward for bounty participants little and I am not interested with this campaign, after updating price very low so sad for other participant waste their time without get reward in this bounty campaign project.

you are lucky only at this bounty project next time it could be your turn, this is a problem for all bitcointalk member not just who partecipated in at this bounty project. This is a problem that happens very often, something needs to be done to stop this trend on bitcointalk

The way to stop this is by not join in any of altcoin campaign.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

Quote from: Iyeman on May 02, 2020, 08:30:13 AM

Quote from: aioc on May 02, 2020, 12:09:29 AM

Better open a scam accusation in the scam section, this is intentional they are late in distributing the bounty and they dump their shares in the market, the developer should be tagged, so investors will be warned about the reputation of the project.

Bitbollo has already created one scam accusation to the blockburn

https://bitcointalksearch.org/topic/warning-blockburn-fake-bounty-offenses-and-insults-5233059

I guess what we need to search the more evidence to support bitbollo with his scam accusation. The btt account of blockburn has already tagged too but it looks like we need more evidence

Bounty Thread has been closed on 11 March 2020.

BlockBurn (admin profile)
Last Active: March 12, 2020, 07:33:12 AM
Silence means consent Wink

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: aioc on May 02, 2020, 12:09:29 AM

Better open a scam accusation in the scam section, this is intentional they are late in distributing the bounty and they dump their shares in the market, the developer should be tagged, so investors will be warned about the reputation of the project.

Bitbollo has already created one scam accusation to the blockburn

https://bitcointalksearch.org/topic/warning-blockburn-fake-bounty-offenses-and-insults-5233059

I guess what we need to search the more evidence to support bitbollo with his scam accusation. The btt account of blockburn has already tagged too but it looks like we need more evidence

davide72

legendary

Activity: 2226

Merit: 1014

Quote from: metenjean on May 01, 2020, 11:46:18 PM

I am lucky not joined with this project because checking with reward for bounty participants little and I am not interested with this campaign, after updating price very low so sad for other participant waste their time without get reward in this bounty campaign project.

you are lucky only at this bounty project next time it could be your turn, this is a problem for all bitcointalk member not just who partecipated in at this bounty project. This is a problem that happens very often, something needs to be done to stop this trend on bitcointalk

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: Doranile432 on May 01, 2020, 02:11:11 AM

I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

Events like this often occur in the crypto market, selling tokens and listings on exchangers, after there is a high transaction volume at the exchanger developer team doing dumping. If this continues, investors will be afraid to invest in new projects for fear of loss or being deceived

Ken_terrance

member

Activity: 574

Merit: 18

Making Smart Money Work

blockburn deceived many bounty hunters successfully, and even investors who tend to hold are all in lose now, it's really a good advice to stay away from projects that can't handle the pressure of good questions on telegram, I find myself in this shoe but i thought I was wrong

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

I'm really close to do some necessary action to this matter. I'm still in the process of gathering evidences about the team shady move about releasing funds and price action.

My initial analization was:

It's not right to point out at this moment that the team sell off there token that results to price dump because there is a lot of whale investors during initial period that get a lot of early bonus. Possibly they are the one who dump the price on a tremendous price level.

The demend is too low due to pandefic which bring the world a financial that's no price wall that can prevent dump. One thing I don't understand was why will the team delay the bounty payment while it is just a small part of the total supply? I mean the bounty allocation is just small and will not give huge impact if ever it will sell off.

I'm already in touch to the team and I will try my best to sort it out for you guys. I don't have a lot of stake during bounty campaign but I hate project that ignore bounty participants after they use them for there promotion.

Topic: Blockburn, A big Failure - page 7. (Read 1255 times)