WHAT DO YOU THINK ABOUT CIFI COINS - page 3.

StarKay

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

If I am to get you clearly, CIFI team already paid 30% of the total amount allocated to bounty campaign, and now bounty hunters are requesting for the remaining 70% but the team won't reply rather they will ban the person asking the question from their telegram group.
If that is the case, although it is not good but you need to tell us the T&C you agreed to before joining the campaign.
Are bounty related questions prohibited in their telegram group?
Do the team have a right to adjust bounty allocations?
If the answer to the two questions is yes, then you don't have a case. Otherwise you can keep up your campaign against the CIFI team.

About CIFI suitability, it is up to the investors to determine that. We use to say where I come from that "One man's food is another man's poison."

traderethereum

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

there are some things about citizen finance, a lot of people give good views to citizens because they managed to get a price above $300 and they have invested in citizens so far.
but on the other hand there is a bad side from the cifi team. the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

They should pay the bounty hunters because their project can grow because of the help from bounty hunters.
But I think that will not stop the project from running and becoming popular but it will be better if they can solve the payment for their bounty hunters so there is no problem between them.
Maybe Cifi teams will announce something on their telegram channel, especially the bounty hunters.
But we will see what will happen in the future for the Cifi project after this case but to be another crypto investment, I will think twice because I have other coins or tokens that can be my next investment.

AnonBitCoiner

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Cifi project is looking good and performed well in previous bullish season. Cifi coin pump to 380$ but was only Whales game. Their game is also looking very good and pre-alpha already released.
But they scamed to Bounty Hunters are not good. If they cannot pay this value how they will give profit to game player?

glendall

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CIFI drama continues, will the remaining 70% of the bounty be paid? where the price of CIFI has now gone down, the devs should open themselves up to hunters paying for their rights, saying whether CIFI coins are good or not, judging by the belief system that exists in their team, from the start they were not committed, moreover later they could become investors who will become victims their greed

Quote from: AhmadM on January 26, 2022, 03:59:07 PM

Oh my, just heard about the case today. If my memory is not wrong the one who manages the cifi bounty is irfan, right? Even though the manager has a high reputation it still could be turned out like this, I guess hunters have to consider picking bounties with escrowed funds in the future in order to avoid falling into the same scenario.

yes right irfan, but we also can't blame irfan 100% in this case, it all goes back to the dev organizer

AhmadM

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

but on the other hand there is a bad side from the cifi team. the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

Oh my, just heard about the case today. If my memory is not wrong the one who manages the cifi bounty is irfan, right? Even though the manager has a high reputation it still could be turned out like this, I guess hunters have to consider picking bounties with escrowed funds in the future in order to avoid falling into the same scenario.

Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.

I don't think it would give a huge impact on them particularly in the long run, unless most of the holders come from hunters (which high likely not). On the other hand you could spread the words about the bad attitude of the teams to prevent people from approaching this coin/token, such as what you did at the moment.

kentrolla

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It's cruel not to pay for bounty participants after they have promoted the project and it just shows their real face when they can do this to the bounty hunters they may do this with investor's as well. These sort of projects are giving bad name to new projects and tats why everyone is sceptical about new projects.

If they fear that hunters will dump the tokens then atleast they can release the payments in part like some of the projects does to avoid massive dump by hunters instead of holding their rewards and banning them.

I will never suggest to invest into such project as eventually everyone including the invetsors will be treated the same way as hunters were treated

hyudien

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It turns out that there are still no bright spots for complaining about the CIFI Token. I had heard that the distribution was not going well. Many participants have also complained that prices have dropped, they think that when the price is $300 the distribution will be smooth. but a lot of problems and mass bans in the group took place. This minimal response has led to the demands of the campaign manager who runs it. It is unfortunate that investors have put great trust in this project. I did not participate with the CIFI bounty. So don't really listen to the problem in detail.

bittick

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Quote from: smartaction on January 26, 2022, 10:27:42 AM

I also think that Citizen Finance is a scan project. The price of each token of this coin was $300 plus but it has come down to 30 again. I have invested in this project which has faced with big losses. The team of this project is seems scammer

You must understand that if this is crypto. Once you get into the peak price and you may suffer a huge lose for your investment but that may still different if you're getting it below $1 and you will always be in a huge profit. How big your lose in cifi totally determined by how bottom your entry. The bottom price mean the higher chance to get profit. I guess that julerz has stated the right opinion about this one. This is a part of effort created by the hunters to get attention by the team and they can be paid but the only problem is has the team aware about this? It seems like that they have not even seen this nor the accusation thread.

HardCore12V

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Team can't be trusted since they can't even keep promise with their promoters, I won't have such coin in my portfolio for any reason because no matter how good a crypto coin is if the team are not reliable then it's already a failed project

makishart

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

there are some things about citizen finance, a lot of people give good views to citizens because they managed to get a price above $300 and they have invested in citizens so far.
but on the other hand there is a bad side from the cifi team. the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

So what? this is totally subjective, for the people who have invested when the price of this coin was around $1 and then they will not lose their money and in another side the bounty hunters are complaining coz they have not yet paid by the project owners.

Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

Even when it has not yet paid the bounty reward and anything can happen with cifi. I hope that the team will pay the rest of reward. So, don't even you think why the price was still so high even those problems exists?

oemar bakrie

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it's very risky to participate in the bounty but there is no reward after everything is done according to the rules..and predicting whether it's good or not is not because of the distribution of prizes that must be paid, because the citizen team has already divided the tasks, maybe it's not just the division of tasks.fair or not giving gifts at all but from other teams trying to make citizens successful and able to compete with other big tokens.

michellee

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Quote from: ?? on ??

Quote from: Adreman23
[quote

It's said by OP that it won't do since the team will just give you a ban if you're going to ask things related to their bounty and token distribution. That's why it won't help you if there's already an experience that they're banning those that will ask them those questions which looks annoying to them.

Right, bounty related questions are prohibited in CiFi official chat they banned a lots of bounty hunters who asking about distribution, team didn’t keep their promise. So hunters spreading FUD in everywhere that's fine i think because they didn't get more than 70% from their hard earned money.

If they are trying to scam their participants or investors, they will not need to wait for a long time to see their project will not continue and will abandon by many people. It is not good if they ban those who ask about the token distribution because their participants deserve to do that as they already help the project get attention from the public and make many investors come to them. Maybe you can wait for the next update from them and try to use another approach to one of their team and ask what is happening to their project.

smartaction

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Quote from: julerz12 on January 26, 2022, 12:01:19 AM

You are already accused this coin on this thread [HERE] that the team are scammers, why ask if it is a good coin to invest in?
Looks like you're just in crusade to spread bad news about this coin rather than trying to get an authentic financial discussion.
I would suggest to just continue the discussion about this coin on the scam accusation thread you previously openned and not create another one.

I also think that Citizen Finance is a scan project. The price of each token of this coin was $300 plus but it has come down to 30 again. I have invested in this project which has faced with big losses. The team of this project is seems scammer

kawetsriyanto

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi

It is very unfortunate to know another project that didn't want to pay participants who already did their best efforts to help them in the promotion. I don't know who managed this bounty (BM), but this case must be a lesson to consider an escrow, at least the payment need to be escrowed before running the bounty program. This way will guarantee the payment of bounty participants, so no longer participants will be the victims.

Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin

I don't think this problem will give long-term effects. Except, all participants spread the issue about the bad attitude of the team and most investors sell their coins because they are worried about a huge decline. Then, people will be not confident to invest in Cifi tokens anymore since they know the team cannot be trustable.

Ceyflix-Rez

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I hope this will bring down citizen finance, the team don't give a damn about their reputation, they believe they can boycott bounty hunters honestly the whole bounty allocation is just 5000 tokens I don't know why this is so hard to pay up but anyways humans will always be humans

blockman

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As per coinmarketcap data, it has a $150K daily trading volume and that can drop some more. But what's worrying is that it says that cmc hasn't verified the market capitalization of this coin.

Quote from: Adreman23 on January 26, 2022, 03:16:08 AM

I think it’s better to properly ask the CIFI team why they don’t pay the 70% reward for the bounty. M

It's said by OP that it won't do since the team will just give you a ban if you're going to ask things related to their bounty and token distribution. That's why it won't help you if there's already an experience that they're banning those that will ask them those questions which looks annoying to them.

KaliLinux

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Quote from: martina14 on January 26, 2022, 02:49:57 AM

Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

there are some things about citizen finance, a lot of people give good views to citizens because they managed to get a price above $300 and they have invested in citizens so far.
but on the other hand there is a bad side from the cifi team. the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

I am one of the participants of CIFI and I agreed that they didn't compensate their participants who helped to promote CIFI, that is very unfair and unjust actually. I absolutely believed that for this thing happened it will really affect the community. In fact, they've scammed their participants honestly speaking.

Likewise. I participated in that bounty too and even before the 2nd 20% was paid it took longer than the time they said they were going to pay and now bounty hunters that helped in promoting the project are the ones now actually begging to be paid for the work they did. If the CIFI teams can do this to their bounty promoters, I see them doing it to the investors as well. Not a good sign.

_IRMAN

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Quote from: spyderbilt on January 25, 2022, 10:56:46 PM

there are some things about citizen finance, a lot of people give good views to citizens because they managed to get a price above $300 and they have invested in citizens so far.
but on the other hand there is a bad side from the cifi team. the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.

Can these two problems affect token citizens in the future? give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

Of course this will affect the project in the future, we can see from the team that does not want to pay, it is certain that this project will not go according to the roadmap, this project could be a scam.

Williamm07

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The second payment was lucrative, bounty hunters are able to sell at 280$ per CIFI so even if they paid all allocation on first day they promised no hunter will be able to sell at such high price because CIFI wasnt huge in price at the time but still this isn't an excuse, promised allocation must be paid

Adreman23

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I think it’s better to properly ask the CIFI team why they don’t pay the 70% reward for the bounty. Maybe it's because of the market conditions because they don't want the price of their token to fall anymore. But it is not proper behavior to ban those who ask about their bounty reward or they are not allow it to ask this in their official chat group. However, if their project is really legitimate, they will find a solution to fix this problem.

Topic: WHAT DO YOU THINK ABOUT CIFI COINS - page 3. (Read 510 times)