Topic: Is it worth the bounty hunting effort in this downtrend? - page 3. (Read 408 times)
I think a lot of bounty hunters are asking this question right now. It shows some of the flaws in the bounty system. Originally coins with bounties did not do any sort of ICO where they accepted payment. You just supported a coin that the devs already made and their compensation was the having a bunch of the coin itself or some sort of premine. Now this has turned into what is basically a job, but one that for one reason or another you may not get paid for. I think eventually bounties will also be regulated like a normal job.
Why will these bounties be worthless in bearish market? you arent going to sell your rewards in a bearish market,not unless you really needed it badly! i dont find any good reason why these bounties arent going to be worth it in a bearish market? because no one would want to sell in a losing market its just like doing panic selling and it doesnt worth the hassle!
Well if everyone thinks like you it will be good for those who continue doing bounty campaigns. Less people in the campaigns means higher stakes for those involved. Those who hold onto the tokens instead of dumping them immediately will see an added bonus.
Of course? why would these bounties be worthless if the market trend is bearish? you dont need to worry about these rewards because you can wait for the market trend to be bullish before you dump those bounties! theres no connection with the rewards in bearish market,a good ICO will always find its way to achieve success even in bearish trend.
Well, it is not a surprise to here the rising of this question. Definitely the current Crypto market status is the reason for this question.As we can see due to the current situation, when most of the coins come to the market, the value is less than expected. But this situation will not stay same forever. When the market goes up things will change. We can expect an uptrend. After that it would be a happy bounty hunting than ever. But until then, bounty hunters will have to stay patient. But it will worth the effort.
At the moment the coins or tokens we receive as rewards for participating in bounty campaigns are not enough to compensate for the work done. This is generally because the entire market is suffering low prices. In the nearby future we are likely to make profits from whatever coins/tokens we have from bounties. Now all we need to hope for is success for the campaigns we join, this success will translate into payment for work done.
I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
It depends on how interesting and innovative the idea of the project is. If investors believe in the project and its team that in the future it will make a profit, then after entering the major exchanges, the price of this cryptocurrency is growing. Accordingly, if you do not believe, then immediately after entering the exchange cryptocurrency massively sell and the price drops. 
Your reasoning is correct. Does it really make sense to continue with the bounty campaigns? Let's reflect for a moment
I think its still worth as long as you're going to hold the token earned. The number of distributed tokens does not change, only their value changes with respect to the $ which is very low at the moment. Cryptocurrency market is going through a bearish phase, once this phase is over it will rise even stronger than before.
So, I'm quite confident we're going to get what we deserve.
I think its still worth as long as you're going to hold the token earned. The number of distributed tokens does not change, only their value changes with respect to the $ which is very low at the moment. Cryptocurrency market is going through a bearish phase, once this phase is over it will rise even stronger than before.
So, I'm quite confident we're going to get what we deserve.
Bearish market will only give your tokens less amount,but why are you going to dump these tokens in a bearish market? of course you will need to wait for the market to have better position so that you can maximize the rewards that you can get,that is foolishness if you are going to sell your tokens in a bearish market movements,never a good idea if you asked me.
I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
There are different situations. There are such that people who received the bounty themselves massively begin to sell coins and thus reduce the course coins. It happens that on the contrary, the coin still grows. Basically, it all depends on the project 
Bounty campaigns have received more prizes as the number of people joining them has increased. A d we are in a downtrend so we can really make very little money now. Do not sell the token you earned and wait for the next rise 
I'm tyring to attend signature campaigns still. It keeps me be aware of what is happening around.
I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
Tokens arent the issues,but the ethereum's price,the tokens will be distributed accordingly and its your choice if you are going to dump those tokens or not,but if i were you i wont be selling these tokens in a bearish trend to maximize the profits you should sell these bounties in a bullish market so that your rewards will be massive.
No one knows when the downtrend will change .This is stupid to stop earning on the bounty just because market is dumped. Are you stop working when the dollar or the euro falls? I think, no. I can't give 100% guarantee that this situation will change soon, but I believe it.
Since you want to dump it on the market immediately then it might not worth much for you, but in my experience in this space, holding a token for sometime until the team deliver on some of their roadmaps usually worth it for token holders, a good example is Dent token
I really agree on this i was a hodler of Dent token when suddenly it pump and release there very on project that was December to January. I received my token last September and hodl it for few months then finally found my gem. Well if you received some token hodl it and don't lose hope. I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
Bounties are worthless if you sell it early. Every altcoin gets pump and that is the moment you have to wait. It can only worthless if the campaign that you participate is a shitcoin or a scam coin. 
Yes, i my opinion is worth it even in this downtrend.
You should just wait until the market recovers and the team is advancing with the project- then the coins will be worth more for sure.
You should just wait until the market recovers and the team is advancing with the project- then the coins will be worth more for sure.
Since you want to dump it on the market immediately then it might not worth much for you, but in my experience in this space, holding a token for sometime until the team deliver on some of their roadmaps usually worth it for token holders, a good example is Dent token
I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
Hunting bounty is still worth. Actually I don't have to sell all token that I have collected. I can wait until 6-12 months when market getting positive. As long as the project still running then everything is.Eventhough the altcoins has been dump so badly the bounty hunting option still profitable to the people who's seeking a good source of income since bounty payment are still intact and it can even generate to the bounty hunters a huge pile of money since we can even get payed in huge which we cannot get on another earning options here.
of course this is still worth it, just do it bounty and get as much as possible, then do not be sold now, but then when the market price has recovered
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