Though, this is not OK on the side of the bounty hunter because they have deprived us from trading our rewards but the project administrator believe that the idea is to cub dumping of the token in market.
Therefore, we have to take it as our faith and keep hoping for good time.
Topic: Is it ok to lock your bounty for 4 months - page 17. (Read 21622 times)
I think this is the right step. Many projects are increasingly began to do so to bounty hunters did not lower the price of the coin, and investors had a chance to earn. It may not be fair to bounty hunters, but project managers know better what measures are needed to develop the coin.
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
I think it is good if the management team will lock their token/coin for that period of time, if they have a plan for their project, in order for them to provide a better outcome or future to the users of their token/coin. But if you are a bounty hunter and you really need funds, then you will be upset for it but just understand it if their goal for doing it is to provide better services to it's users. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Yes, 4 months is so long period of time. But the project will work as per the developers, so yes definitely you have to be more patient. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
It is absurd this days to see how most project in the space threat Bounty Hunters. During the campaign they threat Hunters like King and Queen that they are and after the campaign they decides later to include one funny rules that was not and never part of the whole deal and if you ask the answer is always been referred to the fact that they can always change the rules anytime. Hunters deserve the best and 1-3% of the total Supply won't in anyway affect the price of the token in the marketplace.
For me, bounty rewards we are getting is for our efforts we put in. It's not our investment. So although tokens are locked for say 6 months, it doesn't matter at least for me. I
would like to wait until value of the tokens I hold turns into a amount which I can say a good amount.
Now a days I see every ico after listening to exchanges drops more than 60%. of it's original value. So in such situations we don't have a choice to wait or sell the tokens for few bucks which is not worth of efforts we put in.
would like to wait until value of the tokens I hold turns into a amount which I can say a good amount.
Now a days I see every ico after listening to exchanges drops more than 60%. of it's original value. So in such situations we don't have a choice to wait or sell the tokens for few bucks which is not worth of efforts we put in.
I know that sometimes it is a part of the strategy but if that is the case it should be mentioned from the start I think hiding this kind of information from bounty hunters should be marked as shady behavior. There is some bounty running right now that have this kind of strategy but all of them are announcing that openly and making sure that everyone is aware of it. Sadly there is nothing you can do your only move is to gather some participants and try to have a talk with the bounty-manager and reach a middle ground and if this didn't work, try to take the matter with your own hands and go speak with the ICO team directly (but make sure you have participants backing you up).
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Tokens lock for 4months is not ok mate but if that is their decision we cannot do anything and wait for it when it can be traded,I understand them they want to protect their investor's investment and they are scared that Bounty hunters dump their tokens.
It's old topic and Similar thing happened with me in some projects. Token lock is actually dev decision. Although Sometimes locked only hunters token and dev trade in exchange their own reserve token this is benefit of investor and project team both are dominate price. 4 months is massive and i think team is not prefer to launch their project right now in this bearing market.
It is on the decision of the TEAM ICO so we dont have a choice but accept the fact.
Though i will consider it as better option than waiting for the payment that reach more than 2 month.
It is a ease to have our tokens on our wallet.
Though i will consider it as better option than waiting for the payment that reach more than 2 month.
It is a ease to have our tokens on our wallet.
Somehow it is necessary to implement due to market deep deep down prices. It is difficulties for the developer because the market condition could be the unforseen part of their project. Probably they just want to have the best result as soon as possible unfortunately to come up to that decision-making is a must to protect their project dignity. The existence of the project is more important than bounty tokens. Meaningless to distribute if the project will be dead soon.
The problem with that, bounty hunters don't have any rights to decide with their supposedly payments by doing their jobs, it's not good as developers should expect any market conditions and allocates enough fundings for future developments.The bounty rewards that already been distributed should be freely trade or hold by the hunters and not being freeze by the team.
For me, this is not okay. Ask yourself this, if you were employed by someone, would it be okay for them to be able to lock your salary for months? I don't think so. These practices, however, are being allowed by certain bounty hunters who accept to work under these circumstances. If bounty hunters refused to work on cases like these, then these practices would cease. So, my advice is to find a better coin or ICO (or anything else) to work for.
Somehow it is necessary to implement due to market deep deep down prices. It is difficulties for the developer because the market condition could be the unforseen part of their project. Probably they just want to have the best result as soon as possible unfortunately to come up to that decision-making is a must to protect their project dignity. The existence of the project is more important than bounty tokens. Meaningless to distribute if the project will be dead soon.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
It not normal but we cant blame most of the owners or teams of this day because the crypto market is bad affected with the current down trend of the market. This leads to new project owners looking for every alternative to secure the price of their project and the only thing you can now is to have patience since you have received your token. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is.not the only team doing the locking of bounty rewards. I have known other projects whose team also doing this. Why? because they believe that bounty hunters will be made a huge dump where market rulings states that if there are more people selling compared to buying then the crypto market price will definitely go down. So.meaning bounty hunters could be one of the reason why market will going to fall down for that crypto.This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
That's not true, bounty hunters only hold a very small percentage of the supply roughly 2 to 5% of the total supply, it is not enough to bring the price down and if ever all bounty hunters, dump their coin if the project is really that good there will always be taker of those dump tokens.
It's only thinking that Bounty Hunters mostly dump the prices of tokens, that's why most of ICOs lock the token’s, but it doesn't help to keep prices stable in my opinion. There also other reasons for token price to keep down like supply and demand for particular coins.
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is.not the only team doing the locking of bounty rewards. I have known other projects whose team also doing this. Why? because they believe that bounty hunters will be made a huge dump where market rulings states that if there are more people selling compared to buying then the crypto market price will definitely go down. So.meaning bounty hunters could be one of the reason why market will going to fall down for that crypto. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
The people running the project is doing this as a strategy to raise the value of the coin and control bounty hunters in dumping their reward thereby devaluating the coin's price. I think as long as the project is legit, it is ok that your stakes will be locked. This way when you unlock it later and sell in the market, you will have a bigger value coin.
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This doesn't look good, that's for sure. They should have warned all the participants before the start of the campaign. But maybe this will be better for every participant - selling now is useless, I would hold everything till the next bull run.
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
With me it is a good way for them to ensure their token is not dumped during this period. The market is bad and if their tokens are dumped, it is difficult for their projects to continue to operate and their tokens are not valid. It is best to lock it and wait for the market to be a little better This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Jump to: