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Topic: We are only rich on spreadsheets - page 40. (Read 15257 times)

jr. member
Activity: 1050
Merit: 1
September 11, 2019, 06:49:36 PM
Funny but true, most bounty rewards these days are just like that, so much token on the spreadsheet, calculating with token sales price, you get happy and think you ate rich, but when reality set in, you become weak because the exchange listing price is very very low compared to the  token sales price.
This actually got me laughing because I do this almost every time (run to Telegram group, ask for ICO price and then apply calculator) just to give myself some hope and energy that something worth the effort might still come forth. However, the reverse is always the case. What I think still keep hunters going these present days is that we just need to hit two or three right projects and all backlog of efforts will be paid off.
full member
Activity: 379
Merit: 100
homt.net
September 11, 2019, 06:33:59 PM
I don't think it's for 2017, but for 2018 and 2019 maybe most of them, I have participated in the 3 months bounty in 2019 and paid only $3. Even I have to kyc and claim first to get it, so it's not appreciated bounty hunter, but I hope in the following year or in 2019 there might be a very good and big project that could make a bounty hunter happy again
in 2017 we can still make money easily from bounty and most of them are really paid us, but after enter in 2018-2019 it's difficult to make money, i'm still remember in in the end 2017 i'm participated in some bounty ad wait for more than 1,5 year and i just got $7 for more 2 year after listing on exchange, it's funny bro
full member
Activity: 491
Merit: 100
September 11, 2019, 06:12:35 PM
Funny but true, most bounty rewards these days are just like that, so much token on the spreadsheet, calculating with token sales price, you get happy and think you ate rich, but when reality set in, you become weak because the exchange listing price is very very low compared to the  token sales price.
jr. member
Activity: 560
Merit: 4
September 11, 2019, 05:13:45 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 ?

It all depends on the project, and it doesn’t always happen as you wrote, there are always a lot of bounties and you only need to choose projects in which you can participate more carefully.
full member
Activity: 952
Merit: 105
September 11, 2019, 04:49:02 PM
Simply don't participate in bounties of projects that raised no money. If they can't get investors, their tokens will be worthless because half of the holders will be bounty hunters which will dump tokens as soon as they can.
Sadly this is the state of most new projects in this altcoin ice age as I call it.
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
September 11, 2019, 04:38:59 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 are all cannon fodder, the more we are, the better the project. We are needed only for the duration of the IEO / ISO, and then the developers do not care about us. Devs are drawn beautiful numbers of estimated earnings, but in fact we get 0 or a couple of bucks. In rare projects, now you can earn.
jr. member
Activity: 224
Merit: 2
September 11, 2019, 11:51:55 AM
Yes, it is true. I also feel that. they attract our attention by offering a sizable gift on their spreadsheets. finally we are curious and come into the program and complete our work by doing promotions and maybe making some investors lured. but it turns out that the program owners only use us, after the program is finished they don't pay us or they pay yoken to us but we can't withdraw to the exchanger. yes that's what I experienced, most of all programs currently only commit fraud on bounty hunter.
copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
September 11, 2019, 11:46:13 AM
You are right bro cos many spreadsheet are just fat but the money is not coming in as many has refuse to pay the bounty hunters in one way or the other with excuse and end up scamming us , am still shocked that I have some token that are yet to be distribute since over seven months while the token are on exchange trading but never distribute to bounty hunters.
legendary
Activity: 2982
Merit: 1028
September 11, 2019, 11:40:21 AM
in most cases about projects now most prize hunters prefer to participate in real projects i mean their tokens are already listed on the exchange, first to avoid the risk of fraud. in a market situation that has not improved, it is a good decision to take part in a project that is already listed on the stock exchange but the allocation of prizes will be reduced considering that many participants must have joined such a project.
Most of those hunters who already busted from developers broken promises are aiming to participate with campaigns that already listed from the exchange, it's better to join those bounties campaigns that have allocated fixed amount of rewards, than to expect too much from new projects which unsure being listed or can really provide the actual value of the amount provided from the spreadsheet.
full member
Activity: 317
Merit: 100
https://leasehold.io/
September 11, 2019, 11:21:26 AM
Wow, this often happens to a lot of poor quality projects. The tokens they sell at high value, they consider this value a reward for the hunters. However, when it can be traded, it can be divided 10-100 times the value they sell. I felt that the bounty hunters were very poor, they worked hard for a long time.
full member
Activity: 2100
Merit: 174
September 11, 2019, 11:00:55 AM
There is nothing to be surprised at, the situation with bounty campaigns has been getting worse over the past couple of years. I believe in a revolution in bounty.
Definitely in support of that revolution, Bounties have made fun of bounty hunters and many of them have been scammed just because of numbers figures on the spreadsheets. Many of my time with bounties have prove that, am only rich on spreadsheets and in clarity in figures but not in currency.


 Low level work will always be abused and exploited repeatedly. Why the hell do you think the US kept importing Chinese goods made by slave labor? Because it's cheap. In bounties, you get paid in worthless tokens if the ICO fails in the market. That is your risk for joining.
The question now should be, how do we ensure that the right of the bounties hunters are prected? To prevent them working without getting  paid, some of these work are not low level nor half barked work but legit with proofs, many at times I work on social media and even article written with high quality. Let's there be ways hunters will be compensated even at the level when the ICOs failed.
member
Activity: 728
Merit: 10
September 11, 2019, 10:30:08 AM
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 ?

what I think is how they distribute on time and according to the allocation given. and also the price is very important in this case.
copper member
Activity: 714
Merit: 5
September 11, 2019, 10:19:40 AM
I participated in dozens of projects this year, only one project brought significant value. This partly reflects the gloomy state of ICOs, when there are not many really strong projects.
member
Activity: 574
Merit: 13
September 11, 2019, 09:32:47 AM
now if we look at our bounty spreadsheets, don't trust the ones in the spreadsheets. because the spreadsheet won't be the same as the one we received. we better count at 50% or maybe 90%. because the results we get might be only 10% of the total in the spreadsheet

Makes sense, rightfully so. So it is true that we don't expect 100% of spreadsheets, because the reality that we get is not appropriate. Situations like this are now happening to the bounty. We are presented with delusions in spreadsheets that are in fact incompatible.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 11, 2019, 09:16:49 AM
#99
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 ?
Actually, if we were using cryptocurrency the way we ought to be using it, we should have actually been more after accumulating much of those coins than the fiat value, but because we still attach it to fiat, that is why we feel it is small. When the time come that cryptocurrency would become the currency of the world, we would no longer have the usefulness for fiat again, and we will see that everything we will be talking about will be in crypto and the quantity of cryptocurrency that we have.

I understand that presently, we still live in the world of fiat and the language we still understand is fiat, so those developers would have actually worked with us based on fiat since we are working than making us be at same cryptocurrency level as investors.
full member
Activity: 602
Merit: 116
September 11, 2019, 05:13:39 AM
#98
But nowadays, more than 80% (a wild guess) never pays and another 15% pays only very minuscule rewards such as $5 or $10 each. And on top of that, these rewards are being paid in tokens and not in ETH or BTC. So the bounty hunter has to register with a cryptocurrency exchange, and undergo the tedious KYC process just to encash his $5 worth of bounty. They should at least pay the rewards in ETH, and that will make sure that the bounty hunter gets something in the end and his efforts are not wasted.
They don't pay participants with ETH, because they usually don't raise the money they claim. Many of them cannot reach the soft cap and just lie to keep their tokens alive for a while. They do this to list their tokens on exchanges and sell the tokens there even at fewer prices. than ICO price.
For example if 10 million dollars is raised in a token sale, I don't think it's difficult to pay 1-2% of that to bounty participants with ETH or BTC. But the problem is that a team which claim that 10 million dollar has raised is lying and it's very easy to pay them with worthless tokens after they themeselves sell ther tokens at exchanges.
full member
Activity: 936
Merit: 100
September 11, 2019, 05:05:08 AM
#97
now if we look at our bounty spreadsheets, don't trust the ones in the spreadsheets. because the spreadsheet won't be the same as the one we received. we better count at 50% or maybe 90%. because the results we get might be only 10% of the total in the spreadsheet
full member
Activity: 1048
Merit: 101
September 11, 2019, 02:33:18 AM
#96
in most cases about projects now most prize hunters prefer to participate in real projects i mean their tokens are already listed on the exchange, first to avoid the risk of fraud. in a market situation that has not improved, it is a good decision to take part in a project that is already listed on the stock exchange but the allocation of prizes will be reduced considering that many participants must have joined such a project.
full member
Activity: 1064
Merit: 101
September 11, 2019, 02:16:17 AM
#95
Haha, well put, but this is a part of the game and we have to deal with it. Its a similar situation as IRL, keep pushing and trying and you will have greater chance to make it big off the spreadsheet as well.
full member
Activity: 812
Merit: 100
www.cd3d.app
September 11, 2019, 01:50:53 AM
#94
Before I move out in the ICO campaign I only promote projects whose coins are already in the market, because you can see if your effort will not lose, so many bounty hunters are losing their time and effort promoting useless projects, the worse thing that you can do is to believe that you are really going to earn that amount, when it's not yet existing.
I have also participated in projects whose coins have been listed in the market, but usually have a small allocation. and fortunately we can predict how much we get later. in a situation like this, sometimes I choose a bounty with a coin listing, like yesterday's populous project
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