FIAT rewards for bounty hunters. - page 5.

Mr.Eddies

member

Activity: 90

Merit: 10

Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

They don't have FIAT to pay bounty hunters, that's the problem. The point of ICO to raise FIAT for their project. I doubt the one leading ICO want to make their own token not adopted by using FIAT to pay for bounty.

zacad

member

Activity: 396

Merit: 10

Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

I agree with you that bounty hunters know more about ICO than ordinary investors. They know clearly which ico is true, so they will have their own choices after winning the prize. if they think there is a potential token, as a qualified bounty hunter will not easily lose it.

duryum

newbie

Activity: 41

Merit: 0

It is anything but a terrible thought, in spite of the fact that I believe it's more advantageous for financial specialists to keep paying in tokens than in fiat straightforwardly, in spite of the fact that in the event that it would take care of the issue that you specify that the landfill scarcely turns out in return, recollect that abundance seekers can likewise be speculators and many partake to get great pre-ICO tokens that their esteem is much lower however can achieve a substantially higher esteem.

lily9002

newbie

Activity: 48

Merit: 0

I think bounty campaigns are also a way of giving away their tokens to the public, while also paying for promotion on your project.

Hammonds

sr. member

Activity: 532

Merit: 250

If you want to earn FIAA income then you just work in a job that is in your country.
This is Cryptocurrency, so it's all based on cryptocurrency.

If you pay with FIAT or Kamapnye bounty, then the token in the ICO will not sell in the market.

gameofthronne

full member

Activity: 392

Merit: 100

Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

What do you mean by fiat? is it dollar or other cryptocurrency like bitcoin and ETH? Actually there are 1-2 bounties in the past that using ETH for the payment but bounties like that is rarely to see nowdays. In my opinion, i'm okay with both payments.

DmitriySar

full member

Activity: 392

Merit: 100

While project markers do not appear on the exchange, they do not have a price. Companies collect money in exchange for incomprehensible tokens, it is not profitable for them to pay traditional money that has value.

Likemuk

newbie

Activity: 40

Merit: 0

THis is a smart thought yet I figure the undertakings would prefer not to chance their own particular Ethereum and would rather give out their own new printed coins (with no incentive at the time). Now and then I think the activities get a kick out of the chance to cry when individuals trade out their work which appears terrible business. On the off chance that the undertaking knows it will dump they should BUY BACK and put their cash where their mouth is.

mrkimvanan1

jr. member

Activity: 130

Merit: 2

Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

You into crypto why would you want to get fiat, I think the reward is coin or ETH in BTC,that is the most reasonable

absenter87

member

Activity: 289

Merit: 10

But the fact is that bounty hunters do not discount the price of a coin and that's why they do not think so and accuse them of having too few of them to drop the price.

trumhacker04

newbie

Activity: 90

Merit: 0

that is a comment, but they need to distribute tokens so that bounty hunters can trade purpose is to increase the activity of money in the market, create the interest of public opinion

dolcefarniente

full member

Activity: 616

Merit: 100

I think no one would object if the projects were paid bitcoins for participating in bounty campaigns. Because here the adherents of cryptography gathered mainly.

Ayush rana

full member

Activity: 476

Merit: 103

Bounty is only supported by Tokens or popular altcoins. I have not seem any anyone given FIAT reward for doing participation in bounty.
Even now a days we can find some good project pays in ETH value or buy back their tokens after end of ICO.

Kang Bahar

full member

Activity: 504

Merit: 115

Silent Reader~

I don't think so. If the project wants to avoid dumping the coin/token price, there is already an alternative way to pay bounty hunters, using Bitcoin or Ethereum (even though it depends on the terms and conditions of the project). Therefore, payment using FIAT to bounty hunters will never happen.

craked5

hero member

Activity: 840

Merit: 529

Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

I think best solution is to give bounty hunters a choise to get rewards in project coins or in currencies used for ICO. because I believe that some really good project coins will be much more expencive right after listing on exchanges and some bounty hunter really support the project, not only for reward, but for idea.

Ini35

member

Activity: 448

Merit: 12

This is a good suggestion and i wished it would be imbibed and adhered to amd with that there won't be any issue or complaints about bounty hunters dumping their tokens. I have also seen projects that at first would pay their bounty hunters with tokens and will alongside be given the option of selling the tokens directly back to the ICO team at the ICO price if they agree with it. They will then be paid in either eth or btc and not in FIAT.

rockybar

jr. member

Activity: 224

Merit: 6

for me its good for bounty hunters, but for a project it wont. initial coin offering is one way to test the project if its good or not and if we just look at bounty hunters cannot drop the coin as much as they can because the total allocation for the bounty is very small. the dump of an coin is really depends on the investors, sometimes investors are get panic also that the price will dump after bounty Hunters sell there tokens and they will sell also.

PotassiumIodideCryptoc

newbie

Activity: 98

Merit: 0

Well for self satisfaction for hunters its good, but for a project that is solid it won't have any effect because it will help to raise the volume of the coin on exchange and can also help the coin have good advertisement.
But at the start of sales it can also play a cruel joke, if the volumes will be too small, then a large amount of bounty hunters will collapse the rate

Totodecaan120

newbie

Activity: 30

Merit: 0

yes, not sure how this would go or if the hunters would accept the fiat rewards in the first place, I see no reason for rewards to be in fiat only for one to change Fiat into crypto once gain to get to buy the same crypto. here might be people however who might prefer this kind of arrangement, though I personally don't fancy it.

Paha87

jr. member

Activity: 252

Merit: 1

Projects allocated to bounty a small percentage of the tokens. Therefore bounty hunters should not influence the price of the token. Not all bounty hunters immediately exchange their reward for fiat. The right strategy is to wait for growth.

Topic: FIAT rewards for bounty hunters. - page 5. (Read 1603 times)