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Topic: We are only rich on spreadsheets - page 35. (Read 15276 times)

full member
Activity: 1004
Merit: 111
September 19, 2019, 01:14:28 PM
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 ?

Spreadsheet show us the number of tokens we will get and it always depend on the bounty thread which the budget is detailed.
Now about the price of the tokens, it is base on the ICO price. We are not responsible on the price in the market.
If we can wait to go high price then we will gain more. if we will sell low then we will be getting low.
full member
Activity: 1400
Merit: 103
September 19, 2019, 12:56:26 PM
Today, experienced bounty hunters already from the moment they join the bounty campaign understand that in 90% of cases the payments will be several times lower than at ISO prices. Unfortunately, these are the realities of today and you (we) have to put up with them if you still have not abandoned the bounty.
copper member
Activity: 420
Merit: 2
September 19, 2019, 07:54:25 AM
The best thing to do at this moment is look for bounties that par at least 20% in a tradable token and the remaining 80% in their native tokens... This is because they accept only tradable coins during the ico or IEOs so they should use some of those funds to pay their advertisers
member
Activity: 490
Merit: 16
September 19, 2019, 06:09:13 AM
The bitter truth! They make bounty hunter rich in a spreadsheet but later they keep reducing the rewards. Recently Collettix IEO did better in Bitsdaq exchange. The bounty rewards were very good at beginng, later they reduced it twice. And now again they announced yesterday that bounty rewards will be cut out again! After a successful IEO, they misbehaving with the hunters. It's really a pity.
I think bounty managers are the ones to be responsible for these kind of bounty rewards getting slashed in two after bounty ends, bounty managers should have reached an agreement with the team before taking the job, this is why its always better to promote projects from some certain bounty managers instead.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
September 19, 2019, 06:02:36 AM
Yes, when we see spreadsheet it gives hope that we have enough number of coins that must be worth according to the price of coins at ICO stage but things happen opposite when listed on the exchange they hardly worth some meager of dollars that really disappoint sometimes but things can be improved if market will get bullish momentum.
legendary
Activity: 3766
Merit: 1217
September 18, 2019, 10:21:25 PM
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 ?

First of all, most of the projects get listed at a discount of 90% to 95% of their original prices. So you can't rely on the spreadsheets to calculate the actual rewards that you may receive from the campaign. By the time a bounty hunter receives his token, the ICO promotes might have already dumped most of their stash and the exchange rates will be very low. So before joining a bounty campaign, the participants need to check the timeline for bounty payment and the allotment for the promoters.

And there is no point in holding on to the tokens once they lose their value. Most common reason for such a large drop in prices is the team members dumping their tokens for ETH/BTC and stopping the development work. Once the price crash occurs, the chances are very low that they will recover. If the developers are not interested in the project anymore, then there is no future for the tokens. Most probably, the project will die down and the tokens will become worthless.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
September 18, 2019, 10:16:39 PM
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 ?

We should stop looking at the big rewards in bounties and just focus on the long term profitability and concept of the project, rewards are irrelevant today because we really don't know if the market will follow the price of the project in their ICO stage.
projects with interesting concepts can indeed make success in the products they produce, so the price of the coins they make can be higher. we really need to focus on this so that the rewards that we get can also be in accordance with what we do.

besides, don't get your hopes up with what's written in the spreadsheet. we should wait for the results on the market until the bounty token is shared. some conditions that also make people disappointed are when entering the market, the price of a token is high, but does not have volume, it makes the price of the token so easy to down. so, because it is very important to find projects with the concepts needed at this time so that demand will always be there and make the volume more.
sr. member
Activity: 2030
Merit: 269
September 18, 2019, 09:34:48 PM
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 ?

We should stop looking at the big rewards in bounties and just focus on the long term profitability and concept of the project, rewards are irrelevant today because we really don't know if the market will follow the price of the project in their ICO stage.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
September 18, 2019, 09:04:29 PM
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 ?

Spreadsheet means nothing until the token arrived on the hunters wallet.
It usually takes very long time to distribute the token from when it shown on the spreadsheet.
Hunters should take time to analyze the project to join, so we won't wasting time by joining bad bounty.
copper member
Activity: 157
Merit: 0
Best solution for smart cities
September 18, 2019, 05:09:35 PM
This is pure fact. Developer's will need hunters to promote their project for them after the whole thing they turn tiger against hunters. This is really becoming order of the day. There is a project hunters promote recently and it was sold out with in 10 sec of IEO, but time to pay hunters the developer reduce the bounty pool by 20% imagine that. After waiting for so long to get the reward.
full member
Activity: 573
Merit: 102
September 18, 2019, 03:04:26 PM
This is the sorry state bounties at the moment and it extends to all corners of cryptocurrency for every investor. Its time bounty hunters start focusing on what's on the spreadsheet but rather performance of the token on exchanges because that is where the scores are settled
jr. member
Activity: 266
Merit: 1
CurioInvest [IEO Live]
September 18, 2019, 02:03:01 PM
Not all bounty campaigns are created by developers in order to profit from a new product and bring the benefits promised to participants for their time and work.
Very often we see accrual rewards but never get them.
Despite this, it seems to me that participation in proven campaigns can bring good profit.
jr. member
Activity: 284
Merit: 5
September 18, 2019, 12:52:02 PM
Apparently, that is due to the post bubble crisis that we're still trying to recover from. The issue is that people have completely lost trust in crypto and hence they wouldn't wanna hold anything. The more reason why newly listed coins find it difficult gaining volume for trades. Anyway i believe that eventually things shall get better.
sr. member
Activity: 2254
Merit: 258
September 17, 2019, 07:35:15 PM
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 ?
Most of the times no value at all, because of not listing their coins in exchange, I have seen projects that failed to get a decent listing in exchange, I have promoted some projects who until now failed to get list in a decent exchange, that is why up to now I cannot trade their coin.
legendary
Activity: 1862
Merit: 1015
September 17, 2019, 07:21:45 PM
Today's bounty is very different from the bounty a few years ago,
now bounty hunters are forbidden to get a lot of rewards,
the fact proves that a lot of changes were made when going to distribution, such as KYC, allocation was cut and even payments were delayed several months,
full member
Activity: 342
Merit: 110
September 17, 2019, 06:59:55 PM
Quote
We are only rich on spreadsheets

Hahhahaha…  If you are calculating the value of the tokens you have attained on the spreadsheet with the ICO price, then please you are not rich. The ICO price can not be used to determine the market value of a token for trading when it is listed on an exchange platform. It is a bad idea to calculate the value of your tokens on spreadsheets with ICO price...
hero member
Activity: 2968
Merit: 687
September 17, 2019, 05:19:59 PM
unfortunately i have to agree with you. last year there were a lot of rivets. currently i see the situation more positive and have received some outstanding payments.
but really rich, if you can say that at all, you are actually often only on the spreadsheet.
because from the fantasy sums which are often written down here nothing is to be seen in reality. Cheesy

We can't say we are rich until we know the value of the tokens we will receive as reward.
Mostly, bounty hunters will only be able to receive a small value of their expected reward since the market now is not really attractive.

Our reward could dropped to over 50% or more, depending on its volume as liquidity is very vital now, we will have a great chance to profit if the coin is trading in a popular exchange when big investors are trading, but mostly now, most projects are listed in small exchange after the sale.
Lucky if you do able to receive dropped of 50% of its price and there are even coins which dropped way more than 90% which is really devastating.The sad fact?
Most coins doesn't even hit up on exchangers which means a total waste of effort and time for the work you had done for them.Rich can be considered
if those altcoins do able to get some value even just hitting their ICO price or way more than but sadly these numbers or possibilities do only happen now in dreams basing on the current market condition.ICO bounty is becoming shittier as the years passed by and with IEO hype no doubt that this one died in the end.
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
September 17, 2019, 05:13:21 PM
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 ?

Many bounty campaigners hope to earn at least something, and so no one is naive does not believe that all the promises of the project owners will be fulfilled. Sometimes it is possible to earn a good, sometimes worse, most importantly to continue to participate in the bounty campaigns and hope for an opportunity to earn.
legendary
Activity: 1344
Merit: 1001
September 17, 2019, 04:36:07 PM
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 ?

Yes you are right. If bounty reward value be like spreadsheet, then some bounty hunters will be milliner right now. Project shows us lot of reward but at the end those reward totally worthless. And which project is little bit valuable they offer really low amount reward. I don't think they got much investors from bounty hunters. I think they just use bounty hunters for a hype.
The rewards on the paper or on the spreadsheet don't represent the real value of the received bounty tokens from my experience. The projects also don't allocate rewards more than 5% due to the dump risk by the bounty hunters. Bounty hunters rush to sell the bounty earning on the exchange after the project announce the news about the getting listed on any exchange.

Only lucky airdrop hunters are able to trade the rewarded altcoins in the exchange while the others waited patiently for the listing. The luck factor is affecting in such cases and the airdrop participants should understand the explained facts instead of blaming the other people. If the project looks for the free advertisement, deceiving the interested airdrop participants is the last option in my opinion.
full member
Activity: 686
Merit: 102
September 17, 2019, 04:28:42 PM
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 ?

Yes you are right. If bounty reward value be like spreadsheet, then some bounty hunters will be milliner right now. Project shows us lot of reward but at the end those reward totally worthless. And which project is little bit valuable they offer really low amount reward. I don't think they got much investors from bounty hunters. I think they just use bounty hunters for a hype.
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