IS IT A SIGN OF FAILURE OR Scam? | Bitcointalksearch.org

rdewilde

full member

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

Every team decides the type of bounty they want, while some will go for signature, some will go for various campaigns while some might stick to only YouTube, it all depends on the type of result they want. Also, just like the team decides the type of bounty they want, they also decide the mode of payment. Thus from all these, it can be seen that the participants in each case only conform to what the team wants. And lastly, no bounty participant can really forsee the success of any project as they only spread the word while the team either continues to develop the project or exist scam.

cryptoperkele

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

...
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?
...

Some of them believe what they advertise, but i haven't seen anyone advertising pure scams either. So i guess they have more standards to hold.

ralle14

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I looked for Konois' bounty and nothing came up. I was one of the high ranked users who participated on Konios' bounty campaign before and didn't received anything when it finished. The problem is mostly on the project or terms of the bounty rather than the people who advertise the project. Higher ranks do get more but if it's not effective, the managers could simply reduce the pay rate and allocate the budget somewhere else. The same results can also be seen with other campaigns which is why most of them only lasts in less than a month.

Mysteryla

jr. member

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Forum account holders running signature campaign do not have the power at least for now, I cannot say of the future, to determine in what form they should be paid. The decision is left with the team. So bounty hunters, whether high ranked or low ranked only have the choice off opting for such project or not. Of course, the team also know that bounty hunters will prefer to be paid in an already established coin.

serjent05

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Quote from: Metall303 on September 15, 2019, 01:30:35 PM

Quote from: ?? on ??

Konois was a shit project from its beginning. But they offered the highest paying bounty in bitcoin, so some high-rank people wore their signature code. But KON was totally disappointing, they play with us by mentioning the highest paying bounty when they had no fund at all. Therefore It's not about rank, it's about money. If someone offers you a high payment with their average project (not a scam), you will do that gladly, as people did in Yobit signature campaign!

I think everyone would do it. 99 percent of bounty hunters participate in campaigns because they want to make money, and not in order to promote the project

Well they are paid to promote the project by wearing signature and payment comes after the work. Signature participants are people who participate in forum discussions, they will be posting stuff even without the signature in their sig space and projects that wanted to spread awareness about them in a forum invites these people to participate in their campaign by renting their signature space. Whether they wanted to promote the project or not once they accepted the job, they have to promote them else they will be unpaid or worst disqualified.

Metall303

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Quote from: ?? on ??

Konois was a shit project from its beginning. But they offered the highest paying bounty in bitcoin, so some high-rank people wore their signature code. But KON was totally disappointing, they play with us by mentioning the highest paying bounty when they had no fund at all. Therefore It's not about rank, it's about money. If someone offers you a high payment with their average project (not a scam), you will do that gladly, as people did in Yobit signature campaign!

I think everyone would do it. 99 percent of bounty hunters participate in campaigns because they want to make money, and not in order to promote the project

RealMalatesta

legendary

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You are the one seeing it this way, is it not what they offer them that they will accept and moreover, they are like workers, and it is just like the project developer hire them, and if they hire them, they have to pay them in currency that the worker is okay with, it is just the bounty hunters that does not have policy and there is no coordination among us.

If we always insist that we should be paid too in Ethereum or bitcoin, because we are working for them and have no business with the token, we cannot be doing familiarity when it comes to business and work, if we had stand on our ground and not participate until they pay with bitcoin, they would have shifted their ground, but the issue is lack of coordination.

If I failed to participate now, you will see another person accept, but for high ranked officers, they already have their policy and you see as if they speak with one vice when it comes to payment, they are not desperate about the project which they would reject any that fails to Pay them in the currency that they want.

Mahanton

hero member

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

You just only side advertising that KONOIS token you been talking on. Grin

Its not like just advertisers doesnt like their token but we all know that people will always prefer on receiving a coin that do have a value or somehow dependable not like on receiving
their tokens which doesnt have any value even if they do tend to advertise it.No one will work for a task that hasnt any clear signs on getting paid or do get up some money afterwards and thats the fact or the reality.If you do show up some concern on the project then its your choice but dont be surprised if you do end up on recieving shit tokens and hoard them on your wallet and ending up on wasting your precious time and effort.

joybella

jr. member

Activity: 370

Merit: 1

Well the reason behind the mode of signature campaign payment in liquid tokens is as a result of lack of uncertainty of the price or value of the new project. I would suggest every bounty pays with liquid tokens if they really want some marketing.

gunhell16

hero member

Activity: 1904

Merit: 541

This is not new, Before there are so many bounties being paid in BTC and ETH.
This is not about the success or the trust. Being paid with BTC or ETH is a good thing to have as you dont need to wait for exchanges.
This will also boost the morale of the project, This means that the team are so sure and trust in their future and market that is why they don't want to pay wit their tokens.
The community of bounty now also not in good shape as there is so many scam project. this is good insurance of being paid for your work.

poornamelessme

hero member

Activity: 1204

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Although it's already been mentioned by others, I also want to point out that participants don't have a choice as to what coin they are paid out in. If a campaign pays in ETH/BTC, that's it, there is no choice, participants have to get paid in those coins. Of course folks could choose what campaigns to take part in, say choose a different campaign that pays out in tokens instead, but it's typically way more risky.

And the whole bear market thing plays a big role too. So many new coins nowadays don't even really get off the ground. At least when being paid in btc/eth, there is much less risk of wasting your time.

serjent05

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Quote from: Red-Apple on September 14, 2019, 07:15:23 AM

actually it is because the high rank members have been around longer so they have more experience. these users know that the shitcoin these developers want to pay them in is worthless and a lot of hassle to dump for something valuable like bitcoin or fiat. so they will never join these shitcoin campaigns unless they are paid in bitcoin which is why they have to pay them in bitcoin otherwise they can only get newbies to advertise for them.
and no THIS is not t he sign of failure or scam. the project itself being shitty and useless is the sign of it being a failure and scam.

Aside from that higher rank member can display the needed information more than those who are at the lower rank. Heroes and Legendary can wear signature with more appeal on the eye since more option for signature design is enabled in this rank.

Quote from: upyem2k on September 12, 2019, 10:39:31 PM

Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

It is not the bounty hunters call on what payment they will receive. It is the project owner who offers these participants that kind of payment and participant just decide whether they apply or not. There are lots of signature bounty hunters that accept token as payment, you can look at the altcoin bounty boards for the proof.

LogitechMouse

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

They don't foresee it but they are just predicting and making what happened in the past as a basis of it. Most of the bounty hunters right now doesn't care about the project but they only care about the money they can get from it and that is the truth

that is why most of the bounty hunters choose to sell their reward immediately after listing on an exchange. They don't accept it as a payment because what they want is the token has a value immediately. This is why most of the high ranked hunters choose signature campaign that pays Bitcoin or any altcoin that has a value already.

aemma

copper member

Activity: 966

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Signature participants are just there to help promote the project to a wider audience, thus setting the project on the path to success; while on the other hand, the overall success of that said project depends on the team and their readiness to develop the project. Also, signature participants do not decide the token or coin they are paid with, that's for the team to decide. Therefore, in all sense, signature participants do not determine the overall success of any project also, paying them with major cryptocurrencies do not mean they are aware the project will scam but still going ahead wearing the signature just to attract investors whom will be scammed thereafter.

target

legendary

Activity: 2282

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Its all because everyone has their own belief of what could happen and most high ranked users see BTC to be the best of all coins. Tokens like KONOIS will be received by hunters who will dumped just after receiving it and move on to trade in BTC/USD and not on KONOIS/BTC, in short KONOIS will just be dumped for BTC.

Not a sign of failure but if the project like KONOIS will be developed further, it can have good price i usd which all will be using. IT may be dumped but its not the end. The team has all the time in the world to prove they are not scam.

Ucy

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

Well, this is ethics based question which many will fail in reality due to greed. Greed blinds people from truth or from doing what is truely right.
To be honest, if most people knew that what they promoted in the past were unserious or substandard projects, they mostly likely would not have promoted them. The problem is that it's quite difficult to thoroughly research through lots of projects before settling for one or few quality ones.

They probably preferred to be paid in Bitcoin or top altcoins due to how long it takes to list new projects on exchanges and they also fear the new coins could get dumped. Ofcourse being dumped doesn't really mean a project is bad.

fortunecrypto

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There's no guaranty that if developers are paying Bitcoin or other tradeable coins that they are a legit project but it's a good strategy for Konios, they want as many high-rank members to join their campaign because this means that they are trusted by hig rank members, many high rank members are now on gambling sites, which Bitcoin and Ethereum.

mcnocon2

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

We are in a bear market, almost 80% of projects dont succeed and some of their token became shitcoins when they get listed. Mostly high ranks accept bitcoin and ethereum as a payment to assured that they will get profit in doing signature. However, there are still high ranks who choose projects token for payment for their signature campaigns.

Red-Apple

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actually it is because the high rank members have been around longer so they have more experience. these users know that the shitcoin these developers want to pay them in is worthless and a lot of hassle to dump for something valuable like bitcoin or fiat. so they will never join these shitcoin campaigns unless they are paid in bitcoin which is why they have to pay them in bitcoin otherwise they can only get newbies to advertise for them.
and no THIS is not t he sign of failure or scam. the project itself being shitty and useless is the sign of it being a failure and scam.

adzino

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Quote from: upyem2k on September 12, 2019, 10:39:31 PM

I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?

KONOIS (KON) token is an example of such projects

Compare the signature worn by a newbiew or junior member, with the one worn by higher rank people. They are totally different. Hence they get paid more. Higher rank signatures tend to attract more user attention, while lower rank signature easily gets ignored or missed with the posts. The would be totally stupid to pay all the rank the same payment.
Everyone prefers to get paid in BTC or ETH rather than getting paid in tokens. The advertise for the project. The project being successful or not is none of their business unfortunately.

Topic: IS IT A SIGN OF FAILURE OR Scam? (Read 3709 times)