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Topic: Rest In Peace, ICO Bounty Programs - page 2. (Read 350 times)

full member
Activity: 448
Merit: 102
December 14, 2017, 08:06:49 AM
#13
I will use another example.

So I go down to my local pub for a rare beer that i like to have. There's a hot promotional girl handing out cans of Jim Beam.
I have never drank Jim Beam but she is hot and I decide to drink it so I can talk to her. I have a drink and think wow this is nice.
A few months down the track i find myself waking up every day cracking open a Jim Beam and drinking till i pass out at night.
I'm now a alcoholic.

Can I now sue the hot girl who was doing her job and getting paid to promote the product Jim Beam because i'm now a alcoholic??
full member
Activity: 275
Merit: 100
SOKOS.io
December 14, 2017, 07:31:47 AM
#12
dont they know stellar, dont they know ripple Smiley they dont know anything to write a news like this? I belive this guy from facebook or google. they just want ICO adv on their platform
I agree with this matter, you have a good point on that explanation. May be these companies are losing their customers because of blogging campaigns and other articles to promote ICOs
member
Activity: 238
Merit: 11
Staker.network - POS Smart Contract ETH Token
December 14, 2017, 07:31:40 AM
#11
This is akin to calling all ICO scams or all marketing agencies scam. It really us up to individual to do their own due diligence. The culprit us the people behind the ICO itself, launching an ICO with nothing but an idea is outright scam to me.
sr. member
Activity: 744
Merit: 266
December 14, 2017, 07:30:42 AM
#10
This article doesn't makes any sense to me. Why should bounty participants be guilty because it is a job that they are doing and getting paid for.
There are certain rules and restrictions for the program and everybody who participates in it has to follow it. If at all anybody has to be criticized it has to be the ICO owners because it is them at the first place to invent such programs. The bounty participants are just doing a job which they have been said for. This is a part of marketing strategy and has been going on for a long time. I think this article was just posted to create a FUD.
sr. member
Activity: 476
Merit: 254
December 14, 2017, 07:22:13 AM
#9
I do not understand how they are linking the bounties with a scam ico, i mean it is the fault of the people behind the project or their intentions, so they should be held accountable and not the bounty hunters.

I agree with this. Its like going to arrest Facebook for advertising a product where there is already a disclaimer on the reliance on such information. I have seen ad on Facebook before and I just know they are outright scam. Going after bounty hunters is an exercise in futility if the regulatory agency do its own job because it wont even get to that point if they are serious of getting the bad guys. But at the same time, it should be a form of warning not to be carried away by free things not to land in trouble.
newbie
Activity: 40
Merit: 0
December 14, 2017, 07:16:18 AM
#8
I think he is partly right- bounty programs, as they are now, will be in the past soon enough. BUT- I do believe this tool is more powerful than affiliate links, and a change of the process will benefit the ICOs as well as the hunters.

Why it's better than affiliate link?  cause most affiliates are not crypto ppl, but marketing ppl. they might get people to invest, but I think it's harmful.
sr. member
Activity: 379
Merit: 250
December 14, 2017, 07:15:22 AM
#7
dont they know stellar, dont they know ripple Smiley they dont know anything to write a news like this? I belive this guy from facebook or google. they just want ICO adv on their platform
full member
Activity: 448
Merit: 102
December 14, 2017, 06:46:32 AM
#6
Yeah it doesn't make sense to me either. Maybe it's more of a click bait article then anything but it got me thinking, then annoyed, so i thought I would get the thoughts of the bitcointalk forum about it
member
Activity: 96
Merit: 15
December 14, 2017, 06:45:09 AM
#5
Clearly bounty campaigners are not the ones to blame. And their profits are nowhere as high as what traders or miners get. Seems like while being unable to regulate the whole market they decided to pick an easy goal to show off.
full member
Activity: 574
Merit: 101
December 14, 2017, 06:42:00 AM
#4
I am really not getting it, though. Bounty money are just 1-2% of all the money raised. Why the biggest regulatory authority is going against the small guys, when there are much bigger and more concerning issues with scammers playing much bigger games.
full member
Activity: 574
Merit: 101
December 14, 2017, 06:40:38 AM
#3
If SEC takes this line, then 95% of ICOs should be considered securities, because 95% of ICOs are running bounty campaigns.
member
Activity: 1022
Merit: 20
RiveMont
December 14, 2017, 06:32:31 AM
#2
I do not understand how they are linking the bounties with a scam ico, i mean it is the fault of the people behind the project or their intentions, so they should be held accountable and not the bounty hunters.
full member
Activity: 448
Merit: 102
December 14, 2017, 06:25:58 AM
#1
What is every ones thoughts on this article at hackernoon? - https://hackernoon.com/rest-in-peace-ico-bounty-programs-fc1e1e04e867

Personally my thoughts are, what is different if I share information from a bounty on social media etc then if I share a affiliated link eg.Coinbase? I will be getting paid either way.

I feel it's up to people to make their own judgement on if they want to buy a product and do their own research. Advertisement is all over social media and plenty of dodgy big companies using facebook ads to promote their crap.

I would prefer to see the SEC etc cracking down on scam ICOs etc

Anyway would like to know every ones thoughts?
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