WHAT DO YOU THINK ABOUT CIFI COINS | Bitcointalksearch.org

JeffBrad12

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Quote from: spyderbilt on February 18, 2022, 02:06:06 AM

look mate. manager irfan has provided proof of a scam from the cifi team..

I heard this as well.

Quote from: spyderbilt on February 18, 2022, 02:06:06 AM

let's destroy citizen finance projects so that citizen finance projects cannot develop and deceive more people

The dev of CIFI is very active blocking people on its twitter fan page. It seems like there must be another effort that might be tried like creating medium for this scam token. this will give people more explanation about why that thing was happening. I think that this will be working rather than give negative comments on its fan page.

Quote from: spyderbilt on February 18, 2022, 02:06:06 AM

link scam accusation cifi : https://bitcointalksearch.org/topic/scam-citizen-finance-cifi-scammed-bounty-hunters-5385752

The community's power is real. Irfan as bounty manager has been taken the best thing and this is the same like student coin when it gets managed by the bounty detective.

AhmadM

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Quote from: ringgo96 on February 18, 2022, 06:41:45 AM

Currently the price of CIFI is down drastically maybe this is all because the state of the market is in a bearish period so that all coins are declining, ~

The down price of cifi is highly likely because of the current bearish market as you mentioned, though this case might affect cifi price performance to some extent nevertheless I don't think it would reach to remarkable state which causing cifi project nearly dead.

Quote from: ringgo96 on February 18, 2022, 06:41:45 AM

whereas CIFI is one of the very good projects and the value can reach up to $ 300 and very much for the investors who hold the coin, and we hope for the team that manages the project can pay a reward to bounty participants whose value is still 70% has not been received by the participants, This is very painful for participants of course and we hope the team can appreciate their work.

I guess that happened because the hype in the past or the worst one was due to the pump and dump scheme, no to mention lots of projects had reached its ATH last year as well and most of them had back to the normal price as of now.

Appreciate the hunter's work? What a BS, lol

OrangeII

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This is proof that it seems that a project that was initially pretty good hasn't given a definite guarantee that it can be a good project over time. however, they have committed one fraud, and this can spread to the others. I remember a few years ago there was a project called centra. Well, initially the project gave a very good start, until it ended up being a scam. will CIFI be a project that becomes an example after that? Well, we don't know what will happen in the future.

ringgo96

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Currently the price of CIFI is down drastically maybe this is all because the state of the market is in a bearish period so that all coins are declining, whereas CIFI is one of the very good projects and the value can reach up to $ 300 and very much for the investors who hold the coin, and we hope for the team that manages the project can pay a reward to bounty participants whose value is still 70% has not been received by the participants, This is very painful for participants of course and we hope the team can appreciate their work.

bitkanu

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Quote from: spyderbilt on February 18, 2022, 02:06:06 AM

look mate. manager irfan has provided proof of a scam from the cifi team.. let's destroy citizen finance projects so that citizen finance projects cannot develop and deceive more people

Glad to see irfan was taking an action against the cifi scammer team. It seem like so many people are also putting negative reviews about this project as well. The hunters are getting deceived and that makes hunters were attacking irfan. I hope that the team will aware with this and they will try to solve it to recover their reputation again and the bounty hunters can get the reward.
Irfan has been trying to push the team since a few months ago but it seems like the team didn't even give a response to him.

spyderbilt

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look mate. manager irfan has provided proof of a scam from the cifi team.. let's destroy citizen finance projects so that citizen finance projects cannot develop and deceive more people

link scam accusation cifi : https://bitcointalksearch.org/topic/scam-citizen-finance-cifi-scammed-bounty-hunters-5385752

Frengki_cisco

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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?

I also see that their campaign here can be said to be successful, unfortunately participants only get 1-2 CIFI coins depending on their rank.
What I think about CIFI in the future, I think it's a high value and good coin, although now the price has dropped $33 from a few months ago it was at the level of $100, but it's not just CIFI coins experiencing it, the coin average is currently dropping, from Max Supply and Circulating around 150,857 CIFI, this is a coin that has the potential to invest, it's just that the team needs more market to develop the CIFI coin, to achieve better prices in the future.

MFahad

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Quote from: Jaered on February 02, 2022, 03:56:05 PM

I was one of the affected bounty hunters that promoted the project. Its quite a good project and I even still have their tokens. Its unfortunate they are dishonest, just like Student coin behaved. I may have to dump the tokens if they continue to behave this way

Very sad for you. I was shocked when it price surge from 2$ to 380$. Its was unbelievable achieve for any project in short term. It was all due to their low marketcap.
I dod not understand why they not paying and rate is only 34$. If i am not wrong they already dustributed 20 at the rate of 240$. Maybe they distribute remaining if bounty nanager take action.

Jaered

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I was one of the affected bounty hunters that promoted the project. Its quite a good project and I even still have their tokens. Its unfortunate they are dishonest, just like Student coin behaved. I may have to dump the tokens if they continue to behave this way

QueenVera

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Quote from: JayTrain on January 30, 2022, 01:59:53 PM

Obviously, this situation with payment will bring little good to the CIFI project, I looked at the table of participants, and realized that this is a drop in the ocean, the team could have made a payment and closed this topic for a long time, this is a negligible amount for such a project, I think it would not have affected the price in any way, but apparently the CIFI team has other plans and vision of the situation.

It could affect if the community take the complain to social media instead of wasting their time here. The forum does not have power to decide if projects will compile to paying their bounty participants. The forum do not moderate that, the best they can do is tag the account and that is all. Bounty participates should make use of their twitter account and make this complain known and keep tagging CIFI account with a scam related hashtags.

This will call their attention as investors will begin to question their integrity and eventually they will compile just to clear the air because having such a reputation out there in the very beginning can make them lose investors and cause the decrease of the price of their token due to lack of trust.

Maestro75

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

Is citizen finance suitable as an investment altcoin asset?

Not everybody will know that Citizen finance refused to pay those it had for its bounty except those here and they will not hesitate to invest. But it will be difficult for those who know of the company's refusal to pay completely those who did bounty hunting for it to invest there. It is a negative for Citizens finance image. My sympathy is to those who participated in the bounty and did not get their payment than whatever loss in business the company gets. The company should collapse.

Henrobakkara

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Quote from: GreatArkansas on January 29, 2022, 07:39:25 PM

Oh, another BSC project. This is already a red flag for me once a project is on Binance Smart Chain.
This is already a red flag for me, they are already dishonest even at the early of their project, this is one of the reasons they could lose supporters and a community. This is a NO for me, not worth my investment.

I don't really think it is about the Chain however, CIFI is a multi-chain project, and the first distribution to the Hunters was done via the Polygon network and that was because they wanted the hunters not to be able to easily sell their gains however hunters were able to bridge their tokens back to BSC which has the liquidity I believe this 70% holdback is because they know hunters know to bridge now cos that was a problem for most hunters at the beginning plus this distribution pattern wasn't the initial agreement before the Bounty started, this team is just corny.

inanilujimi

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Honestly, I still hope they pay the bounty participants in full, because to be honest I am one of their bounty participants, but if the cifi project continues to be pressured by negative things like this, will it have a good impact on cifi?? I don't think there will be any more distribution they promised.

JayTrain

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why was it necessary to hold a bounty if people were deliberately deceived in this way, now I read a lot of negative comments on social networks and CMC, most likely there will be no more payments, because there was enough time, apparently they are dragging their time and think that the situation with the payment will be forgotten.

nimogsm

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Quote from: makishart on January 30, 2022, 06:05:42 PM

it seems like they are being silent during the drop coz they are feeling worry if the hunters will be dumping their reward to the market as soon as they receive their reward. that's why they were using this trick to do another delay to the payment for the hunters. The members can't do nothing with it. Giving them more pressure will not give any impact for them and it will make them give another delay to the payment. The more pressure they get and the more time they will be distributing their reward. It's suitable when you have bought this at the bottom and ever sell it at the top.

If they worried after distribution price can be dump for the sell hunters coin, why they didn’t distribute USDT based on the CiFi current price. Even they can announce a new deadline for the distribution. But team is silent and they didn’t bother to response any question about bounty distribution even banned those hunters who's asking in their telegram chat.

Apparently they think they can get away with it.Provided that so many people participated in the bounty of the company, only a few write here and on social networks about their act.Apparently they think that the team will come to its senses after all, I am more than sure that no one will receive more payments.This is a red flag.

makishart

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The team must have paid the remaining of reward. it seems like they are being silent during the drop coz they are feeling worry if the hunters will be dumping their reward to the market as soon as they receive their reward. that's why they were using this trick to do another delay to the payment for the hunters. The members can't do nothing with it. Giving them more pressure will not give any impact for them and it will make them give another delay to the payment. The more pressure they get and the more time they will be distributing their reward. It's suitable when you have bought this at the bottom and ever sell it at the top.

crzy

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Quote from: JayTrain on January 30, 2022, 01:59:53 PM

Obviously, this situation with payment will bring little good to the CIFI project, I looked at the table of participants, and realized that this is a drop in the ocean, the team could have made a payment and closed this topic for a long time, this is a negligible amount for such a project, I think it would not have affected the price in any way, but apparently the CIFI team has other plans and vision of the situation.

They are probably controlling the price not to drop that much but this should not be an excuse not to pay the bounty hunters. They are able to reach that peak simply because of the hunters, paying them wont hurt the project that much, but if those hunters really want to get their payment they should open a scam accusation now and raise their voices. CIFI is a good project, hopefully they can settle this issue professionally.

Mpamaegbu

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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.

I know I made a comment on a similar thread on an accusation against Citizen Finance (CiFi) last year. It's appalling for any project not to pay its hunters. That's scamming those who helped you to get the word out by denying them their right. Every labourer deserves their wages. It was the same thing another project, Dego Finance, did. I don't know if it has now become a ***finance thing (that's project with the finance tag). Let me assume it's a coincidence, rather than a conspiracy. Again, OP you should only enrol in bounties run by reputable managers. I think that has been taken care of in Bitcoin paying campaigns. I only experienced such shaky stuff in BTC campaigns around 2017/18. Now, such doesn't exist in campaigns paying in BTC because reputable managers runs them.

JayTrain

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Obviously, this situation with payment will bring little good to the CIFI project, I looked at the table of participants, and realized that this is a drop in the ocean, the team could have made a payment and closed this topic for a long time, this is a negligible amount for such a project, I think it would not have affected the price in any way, but apparently the CIFI team has other plans and vision of the situation.

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Quote from: smartaction on January 27, 2022, 09:44:27 AM

Quote from: bittick on January 26, 2022, 01:44:30 PM

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.

I bought each Cifi token for $150. But now it has come down to the under $40. A few days ago, the price was rose to $300. Which is 10x more than the current price. This means that the team of Citizen Finance Token is not strong.

you bought at the peak price and you should realize that would happen. I were also facing a small lose on this one but i tried to buy more at the bottom. How strong the value of token affected by so many things. it's not only the team and you must aware that if we are in the bearish market even bitcoin lose more than 50% its value from ATH. that proves that if this possible if bitcoin dump triggering the price of cifi to be dumped as so many whales are leaving from the market. I think that your judgement didn't have a strong reason. It may go up again when bitcoin will be recovering again.

Imran232

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

....................................

From the bounty hunters' point of view, yes, it is true that they have done very wrong. But as a project, they are very good. Because they are coming up with the most trending topic on the market, which is metaverse and blockchin gaming. And their game is a first-person shooting game. What is the most popular video game among gamers?And that is the strength of them because they get full support from gamers and crypto investors too. The gaming industry gives them hype and that is what attracts the investors to invest. On the other hand, they have the lowest supply of coins, so when investors come to grab the coins, the price will pump rapidly. Now they are in the down position, but we have to remember this is crypto and now the whole crypto market is down too. I hope you understand what I want to say. It is now entirely up to you whether or not to continue with this project. Thank you.

Psynthax

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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.

Is not this answering the question below? The price of CIFI will not reach 300 if there are not people interested to invest in this token. It goes from $1 to the more than $300 and that's so incredible. Even this is still stay above 30x from $1 price.

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.

Yeah i know that. Even some hunters gave bad review about that but CIFI is still choosing to pay the hunters. It seems like the decision was on the team and even BM has no power to do that. that's why escrow was always needed to prevent this. they didn't commit with what already promised.

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

Can these two problems affect token citizens in the future?

This problem happened since the first date that already promised by the team. It seems like there's no effect.

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

give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

Don't you see what you have written above? the price goes from $1 to the $300 as ATH.

Xinarae*

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The value of cifi coins is going up a lot and although the performance is good its parties are not active so there is a lot of risk to invest in this project. Even if the individual relies on himself for investment there will be more fear of losing cifi is a token which means it is compatible with a huge community. Perfect host for developers because it was already secure and well established but scams for bad promotion.

GreatArkansas

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Oh, another BSC project. This is already a red flag for me once a project is on Binance Smart Chain.
This is already a red flag for me, they are already dishonest even at the early of their project, this is one of the reasons they could lose supporters and a community. This is a NO for me, not worth my investment.

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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.

The accusation has been running since last year. The team is paying the bounty in so many phases with no ETA. i expect you to get your reward next year maybe. Bounty question already considered as sensitive words in the main group.

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

Can these two problems affect token citizens in the future?

It's hard to tell you the fact but this accusation already exist since last year but the price of token is still not moving from two digits to the one digits. that proves that if the accusation didn't give any impact to the buyers of this token.

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

give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

Dishonest team. In my opinion if this is only in the bounty distribution but when you're seeing the development progress by this time and that may give you different impression. This is just my 2 cents. Im sure that anyone has their own personal opinion about this but using this as investment was not good enough but it's not totally bad at all.

aruldaroy

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Quote from: StarKay on January 27, 2022, 01:09:05 AM

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."

Quote from: AnonBitCoiner on January 26, 2022, 09:41:12 PM

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?

It's a shame when they were tricked by other bounty hunters so they had to pay for everything.
If they can't pay those who join the game, of course they can't feel the benefits right.
But I still wonder why their team is said to be untrustworthy..?

julerz12

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Quote from: spyderbilt on January 26, 2022, 02:24:20 AM

-SNIP-
I'm just here to create a thread and provide experiences and ask for opinions from many people. Then why do you feel angry with me? Are you part of the cifi team?
isn't this forum free to discuss anything about altcoins? then where did I go wrong?

If you believe it's a scam (which I think you really do given the fact that you created a scam accusation against them) no point on asking financial advice around their coin, right? It's clear what you're doing is spreading as much information as you could to raise awareness about the bad actions taken by the team (hence the bold texts on 1st post) which is good, but don't hide your intentions by stating you're just here to discuss about an altcoin (that's BS, we're not idiots here) you already have bad and negative impression about them before you even started this thread.
BTW, I'm not mad or part of their team, just pointing things out.
I would suggest you take your concern with whoever manages the bounty campaign and reach out to the team itself 'cause I'm telling you now, you won't get anything done just by posting and stating more threads about them.

lobo13hf

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i see that so many people are complaining on it. The problem is the cifi team didn't intend to pay at the date that already promised by them. that's why hunters are getting angry and they are starting to give negative feedback to the project and some people said that even they getting blocked when they wanna try to write negative feedback on twitter. The manager already tried to contact cifi team so many times and he got no response from the team. Even the manager can't do something as he understood that if the key was on the cifi team who is holding the fund. If the team didn't intend to release the token and how hard hunters to fight against the team will be totally useless. what they can do just wait and wait.

goinmerry

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

b]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.
[/b]

Is there a separate group for any bounty-related questions? If there is, those who are complaining should not post their complaint on the main discussion group.
Is there an official announcement regarding the bounty status and it's followed properly? If there is, everyone just needs to be patient. I know the feeling of having hard-headed bounty participants as a campaign manager before.

I don't know though what's the status of the bounty as there are times, the project itself is crap when handling bounty payments.

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.

About the bounty, no it won't really affect the whole. I don't know the bounty allocation but it should not shake the market even majority will sell.

On the market side, as long as the continuous healthy volume will be established, developments are continuous, they are always true to the community, everything will go well.

Disclaimer: This is just my quick view. I don't see yet what the whole project is all about.

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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?

Those problems can't affect the token price and don't you aware even when they have not paid the bounty and the performance of tokens were still good? Can't you see the graph was showing the growth of this token from $1 to the hundreds of dollars? that proves that the accusation didn't give impact to the price of this token. Talking about how suitable investment is and people who believe in this token will call this as suitable investment but as hunters that have not yet paid and you will be calling this is not a suitable investment. The funds holding by them pushing them will be wasting your time only.

Quote from: nimogsm on January 27, 2022, 02:02:33 PM

One thing I don't understand is why all those who participated in the promotion can't collectively come together and create a topic on the forum with all the evidence and send a message on social networks.

AFAIK an accusation thread already made by them but it seems like cifi didn't even look at that. They can only wait and that's the answer.

nimogsm

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I know that the project has not paid the tokens in full for the bounty company and this is terrible.I also know that they ban everyone who asks them this question.One thing I don't understand is why all those who participated in the promotion can't collectively come together and create a topic on the forum with all the evidence and send a message on social networks.

JeffBrad12

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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.

Whole of crypto market gets dumped so hard but you must also compare it with the initial price when the ico has begun and it seems like that this token is not yet dumping to the below ico price. This is still around 6x from the ico price.

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 seems like that's a sensitive question for the cifi team.

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

Can these two problems affect token citizens in the future?

These problems can't affect the tokens. The development can do that.

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

give your opinion here about citizen finance coin.
Is citizen finance suitable as an investment altcoin asset?

Yes it's for short term but not for long term as the game is pretty similar to cs and it seems like a copy paste game with some additional things to be integrated with play to earn.

Alert31

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

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

So I think that's the reality behind cifi team, to scam the investors and bounty hunters (by not paying the remaining 70%). Some of the projects like cifi are not worth investing for a long term because if they are afraid of losing even a small amount of their funds to pay the hunters who promote their project as part of their marketing, it means they just want to earn from their investors.

smartaction

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Quote from: bittick on January 26, 2022, 01:44:30 PM

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.

I bought each Cifi token for $150. But now it has come down to the under $40. A few days ago, the price was rose to $300. Which is 10x more than the current price. This means that the team of Citizen Finance Token is not strong.

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

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.

That is the problem that is quite an obstacle, namely not doing Escrow making payments seem to be stuck in their pockets. In my opinion, if the payment was made using the Escrow service, the story might not be as bad as this. You are right that the payment scenario must be realized so that it will not be discussed too often in the future. Even if you peek at her group at all it's quite disappointing.

AhmadM

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Quote from: glendall on January 26, 2022, 04:33:37 PM

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

That's absolutely true, I believe he also has given his own disclaimer/warning of each bounty he managed before hunters try to participate in. Don't get me wrong, it doesn't mean he is supposed to take full responsibility for it. Meanwhile it would be a great helps for people who are involved in it if he could give his hands to meddle the issue in some ways.

1kodumtek7

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Frankly, I'm not related to the bounty of this project in any way. But I wouldn't invest into a project whose team don't pay the bounty participants. Because the team would be accustomed to not keeping their word and I wouldn't have left more than a shitcoin in my hand in the future.

susuberuang

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Quote from: asyakashi on January 27, 2022, 01:56:49 AM

It's a risk as a bounter. But we can fight what they do to campaigners, I often see there are unfair projects. Gather people who get unfair rewards, you can drop their social media. Or spreading bad news wherever it is appropriate.

Yes, and that's the only thing that can be done by every bounty participant who feels that he or she has been treated unfairly by the project team, but it can also have a deterrent effect for them, even if it's only a little, but it's still worth doing.

QueenVera

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Quote from: kentrolla on January 26, 2022, 03:34:51 PM

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.

This no longer an excuse, if your project is high quality people would not just dump your project and instead of been worried about hunters dumping why not concentrate on pre-sale and seed sale investors that get very high discount and get lots of tokens at their disposal that they can't dump whenever they want. Project like getting free promotion, they use the service of hunters and just do not want to pay them.

We have vesting schedule that a project can use to send reward of hunters in batches if they are that scared of dumpers but they always use the hunters as victim. Avoid project that do not escrow their reward, they can easily scam you this way.

asyakashi

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It's a risk as a bounter. But we can fight what they do to campaigners, I often see there are unfair projects. Gather people who get unfair rewards, you can drop their social media. Or spreading bad news wherever it is appropriate.

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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Activity: 1008

Merit: 308

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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SOL.BIOKRIPT.COM

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.

martina14

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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?

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.

spyderbilt

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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'm just here to create a thread and provide experiences and ask for opinions from many people. Then why do you feel angry with me? Are you part of the cifi team?
isn't this forum free to discuss anything about altcoins? then where did I go wrong?

julerz12

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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.

spyderbilt

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Activity: 320

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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?

Topic: WHAT DO YOU THINK ABOUT CIFI COINS (Read 503 times)