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 ?
The problem has to do with tokenomics as a whole system, startups are just churning out projects that do not even make sense and fundraise for them via ICO. Not everything can be tokenised. The 'build and then users will come' model is what caused the Dotcom bubble, what problems are most of these ICO holding startups solving? When you continue to pump zombie tokens in a market where demand is zero, a market slump is inevitable! 
Topic: We are only rich on spreadsheets - page 43. (Read 15276 times)
That's right, because when there was a big increase in bitcoin in 17-18, the creators of ICO projects made a lot of money on this, and we, the participants in the bounty, made money 100 times less than them. Now they have begun to earn a hundred times less on ICOs, and accordingly we get very small pennies from this small income, but if you are good at understanding projects, you can earn a lot of dollars a month without straining.
The painful aspect is that, they later on withhold bounty distribution with the mentality that these hunters are going to dump their tokens. Surprisingly the prices still get dumped even before bounty distribution.
I also think so, but not all projects are like that. Apart from problems like you said, there are also projects that really benefit bounty participants and investors, and I strongly agree if you say prize participants are used as bait to attract investors , only things that are not fully supported, because there are also projects with fewer participants, but even more investors.
LOL, The reality is true.
What happens in the field is the real thing. We are indeed very rich and we can calculate the selling price at ICO / IEO, surely you are very enthusiastic and hopeful.
And the reality after everything has passed (the distribution period) that was obtained did not even have value and only reached $1 if calculated.
What happens in the field is the real thing. We are indeed very rich and we can calculate the selling price at ICO / IEO, surely you are very enthusiastic and hopeful.
And the reality after everything has passed (the distribution period) that was obtained did not even have value and only reached $1 if calculated.
Kinda yes and kinda not. Depends in what bounties have you rolled in because in this times is hard to find a good bounty that will actually deliver to hunters coins with real value. I was take a look in economics when bounties on bitcoin happen and I saw 1$ per month bounty and a lot of people enrolled in that one so just be gratefull that bounties are still here.
this is why the old coins that you are holding right now, might just be the only valuable for when time comes. the new coins today will undergo a lot of whirl wind before it goes up. the funds left which i got since the last bullrun are spent to invest onto these old coins, the bounty tokens you got today will only be good if they are listed on exchanges, one ain't enough.
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 ?
Not all gift projects, before participating in the project, have provided information about the project and the prizes allocated. From what angle do you see the project? If the prize value obtained is not appropriate, then that is the condition of the current market value. Research and wise in following the gift project, a good attitude will end well. 
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 ?
If they are ripping you off stop working for them. The choice is on you so, just walk away and stop wasting your valuable time on garbage projects then. They continue to do this because idiots throw away all their free time giving them free promotion.
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 ?
its a different story entirely for those who chose bounty projects wisely, they are in huge profits more than ICO price,tell this to those hunters who promoted mb8coin or gowithmi project, i think we should all focus on picking the good apple out of the bad apples
that's right, i can only feel that i'm rich only in spreadsheets. 
when they wrote the total token in the spreadsheet, i had imagined that i could become rich. but when the token is in my MEW, i realize that i have to wake up from my sleep. i also feel like they are using me to catch big investors to thicken their pockets.
when they wrote the total token in the spreadsheet, i had imagined that i could become rich. but when the token is in my MEW, i realize that i have to wake up from my sleep. i also feel like they are using me to catch big investors to thicken their pockets.
well, right now i can't say anything else because what you're saying is true, i'm rich only in spreadsheets.
sometimes i feel the work i do is wasting my time because it doesn't get any results.
indeed not all projects are like that, there are some good projects. but i can't hold the token for too long because i will lose the opportunity to earn money when i do that. we know the current market is not very good for new tokens.
sometimes i feel the work i do is wasting my time because it doesn't get any results.
indeed not all projects are like that, there are some good projects. but i can't hold the token for too long because i will lose the opportunity to earn money when i do that. we know the current market is not very good for new tokens.
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 is the fact nowadays. Some bounties give us so much hope but in the end we become dissappointe because of it. In the spread sheet we are so rich but that just in the piece of crap sheet 😢.
Maybe we should not eager in counting something which is not real. We should take lesson from it. Experience make us become expert.
you are right. Looking at the amount of tokens we see on final spreadsheet and the ICO price, its very flowery presentation of the rewards, maybe more than $100-$500.
But when the token gets listed, the correct picture we see and realize that the reward amount is actually few dollars only.
I think, projects should give rewards in ETH or Bitcoin for same campaign values. But it will be definitely not profitable for projects, next to impossible.
But when the token gets listed, the correct picture we see and realize that the reward amount is actually few dollars only.
I think, projects should give rewards in ETH or Bitcoin for same campaign values. But it will be definitely not profitable for projects, next to impossible.
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To some extent this isn't the fault of the project. No project will wish their token price to be low irrespective of whether they're paying bounty participants or not. Every project has an idea price of how they want their tokens to be valued, that's why they give their tokens a price value during the ICO/IEO stage in hope for it to increase from that price upwards but the market always have the final decision in determining the price of any token.
The total supply of a coin is another major disadvantage many bounty hunters don't seem to consider before joining a campaign. That you recieved 100k token via your bounty reward from a project which total supply is around 10Billion+ is just worthless especially in this current altcoin condition.
The total supply of a coin is another major disadvantage many bounty hunters don't seem to consider before joining a campaign. That you recieved 100k token via your bounty reward from a project which total supply is around 10Billion+ is just worthless especially in this current altcoin condition.
I agree with you. Bounty hunters are taken just for granted. They are treated like they are nothing for any crypto project. They are being used just to attract investors and are left high and dry after fulfilling their goals. In some cases, they are denied their rewards under various pretexts. This is the sad story of bounty hunters.
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 ?
Maybe you are referring to the price of the coins on its token sales?
That's why you said we are only rich in the spreadsheet. and when the real price
has come you have a big shock when the reality of price is not exactly what you expect.
Welcome to the Bounty Hunter Club!
the situation will get worse when the team suspends the launching process to the market, and over time, the value of the token will actually go down and far from our expectations when calculating spreadsheets.
I think I agree if right now, we are rich only on spreadsheets because the coins or the tokens we have cannot get the higher price. But soon, if the coins and the tokens can reach the real price, those spreadsheets will be changed so we can see the assets we have will increase too. Before you can see everything change, you need to have patience, and while you are waiting, you can do another thing that will help you to make money. That is what happens in the market, and many projects are waiting as you too. But the situations will not be like this forever because there is a time to see it will change in the future.
in the past year what I felt was exactly the same as what you said, and I realized that this is a risk of being a bounty hunter sometimes the price of the token does not match the price on their road map, not to mention waiting for the distribution of tokens on the exchange and finally tokens are only worth a few dollars. my experience was very sad
I think you are referring for their offers during promotion which is too good to be true and when get listed in the market get nothing. To be honest I already experienced that so many times and there's nothing we can do about it. It's a lesson learned that next time you must be so careful in the bounty where you will waste time and effort.
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