People are more on Airdrops/bounties nowadays. No more interest in investing? - page 4.

perrysaico

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Quote from: audaciousbeing on February 14, 2018, 04:14:06 AM

Quote from: perrysaico on February 13, 2018, 10:00:25 PM

This is an observation. It seems people who want extra money/passive income
engage with crypto not thru investing money but thru bounty and airdrop hunting.
I think this is not healthy for crypto market in general. Very few capital flowing in, but massive
cashouts.

What do you think?

Its unfortunate what the market has turned into and its not only based on your observation but what is currently happening. Today I see a lot of adverts all over in various public forums and groups with captions like 'get bitcoin for free by joining airdrops' all they need to do is register get the air drop the convert to bitcoin and cash out. This is not only leading to lots of capital flight in the market but also damaging its reputation because any venture that you don't have funds invested and some amount of risk attached, for all you care, it can collapse tomorrow.

I think the beginning of this is because of the advent of forks all over and the ability to create tokens from ETH without much effort. This give developers the room to get the popularity they want without having to spend a dime and cause people to either vote or asked the coin be listed on an exchange market and that settles it. But I am hope that this will pass too as anything free is just going to be ephemeral. There is no need to lose sleep over it.

Exactly, we share the same insight. If this continues, real crypto boom will have a hard to materialize

audaciousbeing

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Quote from: perrysaico on February 13, 2018, 10:00:25 PM

This is an observation. It seems people who want extra money/passive income
engage with crypto not thru investing money but thru bounty and airdrop hunting.
I think this is not healthy for crypto market in general. Very few capital flowing in, but massive
cashouts.

What do you think?

Its unfortunate what the market has turned into and its not only based on your observation but what is currently happening. Today I see a lot of adverts all over in various public forums and groups with captions like 'get bitcoin for free by joining airdrops' all they need to do is register get the air drop the convert to bitcoin and cash out. This is not only leading to lots of capital flight in the market but also damaging its reputation because any venture that you don't have funds invested and some amount of risk attached, for all you care, it can collapse tomorrow.

I think the beginning of this is because of the advent of forks all over and the ability to create tokens from ETH without much effort. This give developers the room to get the popularity they want without having to spend a dime and cause people to either vote or asked the coin be listed on an exchange market and that settles it. But I am hope that this will pass too as anything free is just going to be ephemeral. There is no need to lose sleep over it.

Adine.lablab

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I think its more people work for airdrop and bounties because its the easy way to earn in bitcoin like an investment because investment is you need a capital to invest in bitcoin some people joining bounty and if we pay there they invest there money to gain more profit in bitcoin.

bhabygrim

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I think that it is true more of us are more interested in airdrops because it is free and bounties because you would earn them by doing some jobs.
But I still think that even if we are doing some airdrops and bounties that doesn't mean that we are just going to crash the market down some of us are still investing in the market to earn in trading .

Russlenat

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There are only few people who are engage in bounty campaign and that is what we are here, there are also bounty participant that is an investor like me and more people that is a wealthy person that can invest huge amount in cryptos, that is why ICOs nowadays are mushrooming. Your info. has been twisted!

jrrsparkles

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Quote from: perrysaico on February 13, 2018, 10:00:25 PM

This is an observation. It seems people who want extra money/passive income
engage with crypto not thru investing money but thru bounty and airdrop hunting.
I think this is not healthy for crypto market in general. Very few capital flowing in, but massive
cashouts.

What do you think?

Any proof? why you saying like these?

If there is no investors then why there are lots of ICOs are being launched everyday?

I agree that more people are now interested in bounty hunting which doesn't mean they stop investing on the crypto currency.

khai29

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I think some people like me started in the airdrop the reason is i have no capital that's why I start on airdrop so that in the following day or month/year if have earn income then I will invest.

acha1217

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I already thinking about that and that's will have inpact to trader world which spending more money by investors and the hunter will be get finacial improvements. But they come just for looking a capital, and this will not infulence crypto market because mainly they also invest without spend money from their wallet

Sudhik

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I think thats because they not have enough money to invest, this like myself I don't have much money to iinvest because to get hight profit we need much money, so I'm searching alternative way to earn money and I found bounty, signature and airdrop to earn income, and I think I take good choose because by using this way I can earn money by internet, but if we see abiut investors there is many investors out there, they who have enough money will choose to invest because they will get profit instantly.
For more clear :
• Have enough money better choose invest and get profit instantly
• Not enough money better choose to join bounty, signature, airdrop and etc because that's no need enough money.
Thank you

Indrawan77

hero member

Activity: 1274

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Investing need capital and for now the market still not stable so investors still stop themselves from investing because it's too risky, while bounty and airdrops dont need any capital and everyone can take part, so a lot of people rey to make money from airdrops and bounty, when the market recover, people will back to invest

CryptoBry

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Airdrop and bounties are all part of the marketing strategies that has been working for a long time now. I know that there are many project that were cancelled due to lack of interest from the investing public but I have seen many big ICOs that are in fact oversubscribed. So the point I am making is that it all depends on the project (the concept, the roadmap, the people behind and the problems trying to solve). A project which is weak and is perceived to have no value can't be saved regardless if it is using airdrop or bounty as a marketing medium. In may project that I bought tokens from, there was usually the bounty and many of them also allocated tokens for the airdrop.

Thardz07

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Maybe most often people had a lack of capital for investments. Maybe they are starting to join in many campaigns and airdrops, bounties to earn free tokens and make a starting capital. They don’t want to invest their own money from their pockets.

perrysaico

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The value that legit investors create ( buy putting in money into a coin/token) is easily ruined
by people who earned tokens/coins for free.

Tyrantt

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Quote from: pinkflower on February 13, 2018, 10:06:36 PM

Because most of the new people who are now registering in the forum are from poor countries. They have no starting capital, they have no jobs, didnt graduate from a university or from college and no career prospects.

That sounds bad, but its a fact.

or you know... it's easy to do so and you're not risking to lose, pretty much, anything? You don't know them in person to say that, maybe there are a few that suite that description, and some probably don't but bounties, as just bounties, are the easiest thing you can do on this forum if you can't join a signature campaign.

Hopeful2017

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Quote from: perrysaico on February 13, 2018, 10:00:25 PM

This is an observation. It seems people who want extra money/passive income
engage with crypto not thru investing money but thru bounty and airdrop hunting.
I think this is not healthy for crypto market in general. Very few capital flowing in, but massive
cashouts.

What do you think?

Its really difficult nowadays to invest in ICOs because of the scams and other fraud they are doing. In bounty or airdrop, you do not need money or capital, just hardwork and patience. If in case that you will be scammed in bounty, atleast no money is invested by you. Sometimes its all about the trust because most people are already afraid to invest.

edhp

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well it's free and it's hard to pass up on. most will be given away a few weeks or months after, if ever it will be given. i don't think it will hurt the crypto space as a whole. most of these free tokens don't have value at the moment and for it to have value, investing is the way to go. airdrops are a good way to advertise for free. if the token is shitty and doesn't pan out, no one loses money, just the time spent doing the tasks to get the bounty.

xvids

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I think because they have learned their lesson specially for those who are always investing in some HYIP sites,
And it is true that most of the new ones are from the poor countries and don't really have a capital to invest in so they are earning their money through airdrop and bounties.
But I think once they have enough money and knowledge they would start investing in crypto's so I think it wouldn't really affect the market that much.

glaciercapital

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Quote from: perrysaico on February 13, 2018, 10:09:26 PM

Quote from: pinkflower on February 13, 2018, 10:06:36 PM

Because most of the new people who are now registering in the forum are from poor countries that have no starting capital, they have no jobs, didnt graduate from a university or from college and no career prospects.

That sounds bad, but its a fact.

I Agree. Crypto market will have a hard time to bounce back if the mindset of
"Free money in crypto" continues.

Yeah I think the market for these airdrops and bounty programs is fairly flooded at the moment. It is difficult to see how these will create value over time, it just seems like something that was a marketing hack that has been arbitraged away.

perrysaico

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Quote from: pinkflower on February 13, 2018, 10:06:36 PM

Because most of the new people who are now registering in the forum are from poor countries that have no starting capital, they have no jobs, didnt graduate from a university or from college and no career prospects.

That sounds bad, but its a fact.

I Agree. Crypto market will have a hard time to bounce back if the mindset of
"Free money in crypto" continues.

pinkflower

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Activity: 868

Merit: 259

Because most of the new people who are now registering in the forum are from poor countries. They have no starting capital, they have no jobs, didnt graduate from a university or from college and no career prospects.

That sounds bad, but its a fact.

Topic: People are more on Airdrops/bounties nowadays. No more interest in investing? - page 4. (Read 562 times)