The point about being only rich on spreadsheets is right though - there is no true profit until you sell out of your investment. Up until that point it's essentially all hypothetical - it's not like it's a FIAT investment with a fixed value, it's only worth what the current price and if you sell.
On bounties, I definitely think there is a case of projects using bounty hunters to further their message without offering much in return...but this has always been the case and really is the whole point is it not? The difference is just that in 2020 there are more projects/increased competition and the market isn't as healthy vs 2017. Supply and demand = less profit in bounty hunting.
Topic: We are only rich on spreadsheets - page 18. (Read 15276 times)
actually, bounty hunters now don't seem to make much money from bounty campaigns, the best time of bounty hunters is 2016 - 2017, when there were many quality projects and many successful ICOs, now, quality projects don't seem to be much, and there are also a lot of scam projects, my bounty team everyone has almost dropped out of
I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.
will be interesting to see how this year is going to reveal itself, but first month and a half is good for crypto market, on the other hand, last year was similar up to May/June, and then it got back to basics, however this year have BTC halving and I presume that until the halving prices will go up, and bounties will be worthy
I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.
Not only the market condition, if the team lacks a lot the project will easily fail, there are few bounty projects that became successful in 2018- 2019 and at that time the bear market was very powerful, its all down to how professional the team are.
I don't think bounty hunters are used as bait by campaign owners. It all depends on market conditions. in 2019 indeed almost all bounties are worthless. The project team did not dare to register their tokens in exchange. but for this year, many projects have dared to enter the market because the market conditions are very good. So the bounties tokens will also have a good price or in accordance with the price of the token sale period.
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
Said but that's true. Bounty hunting is not a very rewarding undertaking nowadays. Most of the time, the efforts you exert in doing bounty tasks are not paid back equally since the value of the coins you received from your stakes is very low. Hoping that this situation will change as the market becomes bullish this pass days.
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
This thread is really funny and true at the same time which actually hurts us bounty hunters.If only those spreadsheet would be true and those bounty campaign would pay up and have the real value like they've told us.
Then we would really be rich not just on spread sheet but also in real life I hope bounty could go back when they were great back in 2017 when bounties used to pay nice and the developers are eager for their project to follow their white paper.
Those were the good old days of being a bounty hunter now it seem's to be gone and it only lives on our memory.
I disagree with your opinion. because the allocation given to bounty campaign participants is in accordance with ICO / IEO prices that have been launched. but not all altcoin is able to maintain its price after being listed on the exchange. so there is an altcoin that dropped dramatically and there is an altcoin that is able to grow well to exceed the ICO / IEO price. so in my opinion, we should be more patient to wait for the best price after altcoin is listed on the exchange.
But the patience of bounty hunters will be tested when token dump prices, so I think only a few people can hold tokens/coins when that happens. And I think it depends on the project as well, even though the bullrun is happening but the project is not interested but token price will not rise above the ICO/IEO price. 
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
I disagree with your opinion. because the allocation given to bounty campaign participants is in accordance with ICO / IEO prices that have been launched. but not all altcoin is able to maintain its price after being listed on the exchange. so there is an altcoin that dropped dramatically and there is an altcoin that is able to grow well to exceed the ICO / IEO price. so in my opinion, we should be more patient to wait for the best price after altcoin is listed on the exchange.
That is the problem of 90% bounty campaigns - you promote scam or project without any future, so before you join the campaign. You will avoid many spent hours for nothing.
Before joining the campaign, it is required to make research in advance so that we can find out whether the campaign has a future or not a scam, even though we will not immediately know 100%, but at least we have tried to avoid projects that have no future or project scams , so that we will not experience a loss of time. 
That is the problem of 90% bounty campaigns - you promote scam or project without any future, so before you join the campaign. You will avoid many spent hours for nothing.
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
Exactly, like new ICO offers huge money, which it's gonna worth nothing after that, Like I remember I was participating in a signature campaign before to get token, I got around thousands of tokens which they were promised that's the one of this token will be equal to 3 dollars which I'll be like getting around 15k$ and then the token didn't even been listed in an exanchger and it was dead.
actually not like that too, I mean this. that not all projects are bad / pay with cheap prizes / even projects end in fraud. because the main problem is that it's hard for us to find real projects and pay for the big prizes out there. most projects look real but end up the other way around. so, my advice to anyone is more thorough / selective before taking part in this industry.
Being a bounty hunter is not something fun right now, because after our work is done according to the rules set by the manager, but the income we accept is far from feasible and not even paid at all, it's difficult now that we can get a good project because if we see the appearance and white paper of all projects of course they all offer good things for us both investors and bounty hunters. 
You are not far from the truth, some white paper looks very convincing and attractive but unfortunately not all attractive white paper always end up successful, the way project is having a bad time having support from investors so does bounty campaigns becoming very difficult and earning feasible amount is nearly impossible.
All this hardship hunters are going through is as a result of the market condition.
If new big money is not pump into crypto there will be no chance of altcoin recovery, many more altcoins will die due to loses, I still can't get a hold of what will make crypto recover especially altcoins, bitcoin is the only coin doing fine
That's why we really need to be vigilant with the project that we are joining at, let's not just join because of the bounty pool, because of the good marketing but we have to make sure that the project has possible to become successful and that the team of the project dedicated their own fund too for them to make sure it will become successful.
If new big money is not pump into crypto there will be no chance of altcoin recovery, many more altcoins will die due to loses, I still can't get a hold of what will make crypto recover especially altcoins, bitcoin is the only coin doing fine
That's why we really need to be vigilant with the project that we are joining at, let's not just join because of the bounty pool, because of the good marketing but we have to make sure that the project has possible to become successful and that the team of the project dedicated their own fund too for them to make sure it will become successful.
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
I also think about the same thing as you that bounty hunters are only used as a tool to promote their project, but do not pay what they said before. if on a spreadsheet we can get $ 100 then the reality is only $ 10. and this I really feel disadvantaged by the project team .. because they only use the bounty hunter community only for their needs to find investors.
we all know that altcoin price depends on supply and demand
if there is no demand, it would be lower price. and in this case, the coin which is used for paying bounty have small or even no demand
so, it is normal if the price would be down. it is not dev mistake IMO
If new big money is not pump into crypto there will be no chance of altcoin recovery, many more altcoins will die due to loses, I still can't get a hold of what will make crypto recover especially altcoins, bitcoin is the only coin doing fine
Frankly speaking, these bounties of Altcoins are not bringing them any investments. There used to be a time where positive publicity would bring loads of money into the project and community would settle gradually. It's not like that now, so don't expect that you'll get as much as they promise.
for the moment it is indeed a small possibility to hope that income will be in accordance with the written data, maybe a few years ago we love to believe it but at the moment I don't think so. only a few successful projects, and so will our bounty pay be reduced too. And now it has indeed been a difficult year for campaign participants
Frankly speaking, these bounties of Altcoins are not bringing them any investments. There used to be a time where positive publicity would bring loads of money into the project and community would settle gradually. It's not like that now, so don't expect that you'll get as much as they promise.
for the moment it is indeed a small possibility to hope that income will be in accordance with the written data, maybe a few years ago we love to believe it but at the moment I don't think so. only a few successful projects, and so will our bounty pay be reduced too. And now it has indeed been a difficult year for campaign participants
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