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Author Topic: [Analysis] Why do people quit from bounty?  (Read 72282 times)

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[Analysis] Why do people quit from bounty?
« on: November 15, 2018, 04:21:58 AM »
Recently, not only people with less experiences, experienced bounty hunters also begin to quit from bounty activities. I know very well the big reasons why they quit. That's why I think they cannot be blamed by the action. Let's see below the reasons. 

Here are the most reasons:

1. A lot of bounty programs only resulted with pennies.
2. Many scam ICOs, resulting no rewards for bounty hunters.
3. Many bounty managers / teams of bounty projects changed the rules after bounties were over. They asked for KYC and lessen the bounty allocation significantly.
4. Bounty tokens/coins have no prices once listed on exchanges.
5. Bear market still continues and no big signs to have bullrun in the near future.
 
I also consider and think deeply about those problems, but I am still confidence to work on bounty programs as long as there is a hope for a better crypto future.

- How about you, mate? What do you think about their action?
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[Analysis] Why do people quit from bounty?
« on: November 15, 2018, 04:21:58 AM »

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Offline Uriie

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Re: [Analysis] Why do people quit from bounty?
« Reply #1 on: November 15, 2018, 04:47:06 AM »
Many projects failed because the price of BTC and ETH in the market was a freefall. You can see the current crypto market conditions, almost all red coins, and freefall. That makes investors save money instead of investing, for fear of loss.

Offline Jonnitor

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Re: [Analysis] Why do people quit from bounty?
« Reply #2 on: November 15, 2018, 04:58:37 AM »
I think people quit from bounty because of there bad experience in the past.

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Re: [Analysis] Why do people quit from bounty?
« Reply #3 on: November 15, 2018, 05:05:02 AM »
Some people had already had a terrific experience from bounties before. As of 2016-2017 you can see a users making the most out of bounties $1000 and above, but now it's hardly to make $200 from a bounty.

Offline gribble

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Re: [Analysis] Why do people quit from bounty?
« Reply #4 on: November 15, 2018, 05:07:38 AM »
I think people stop, from the bounty because a lot of projects fail and the price of bitcoin and Ethereum on the market falls. And you can see the current crypto market conditions, almost all red coins, and freefall. That makes investors save their money instead of investing, because maybe they are afraid of losing.

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Re: [Analysis] Why do people quit from bounty?
« Reply #5 on: November 15, 2018, 05:21:18 AM »
same happend here with me
my reason because many of bounty end with scam result
the faild to collect fund raising at ico then there is no market listing after that

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Re: [Analysis] Why do people quit from bounty?
« Reply #6 on: November 15, 2018, 05:38:27 AM »
It will interest you to know that it is not easy to hunt bounty over 2 months and you now discover that you just wasted your time doing bounty hunting end of the day it turns scam I think is one of the things that make people quite from hunting bounty.
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Re: [Analysis] Why do people quit from bounty?
« Reply #6 on: November 15, 2018, 05:38:27 AM »


Offline Gastonic

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Re: [Analysis] Why do people quit from bounty?
« Reply #7 on: November 15, 2018, 05:41:18 AM »
You are right, But its just a matter of Quality bounty. If they chose a shit coin project, Im sure there is no value in the reward. I agree with your reasons

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Re: [Analysis] Why do people quit from bounty?
« Reply #8 on: November 15, 2018, 06:24:47 AM »
Many projects failed because the price of BTC and ETH in the market was a freefall. You can see the current crypto market conditions, almost all red coins, and freefall. That makes investors save money instead of investing, for fear of loss.

Not only about the price of bitcoin and ethereum decreasing, the less interest of people to invest in ICOs gives a big contribution for the many project failures. Yeah, people may think afraid to invest since crypto market doesn't recover yet till now. They keep their money to avoid big losses.     
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Re: [Analysis] Why do people quit from bounty?
« Reply #9 on: November 15, 2018, 06:27:14 AM »
Interesting take. I agree on the things you mentioned from numbers one to four but not on number 5.
Quote
5. Bear market still continues and no big signs to have bullrun in the near future.

Those who cannot trade and just prefer to hodl during the bear market finds joining bounties as an alternative in earning.

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Re: [Analysis] Why do people quit from bounty?
« Reply #10 on: November 15, 2018, 06:39:32 AM »
people may think afraid to invest since crypto market doesn't recover yet till now. They keep their money to avoid big losses.     
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Re: [Analysis] Why do people quit from bounty?
« Reply #11 on: November 15, 2018, 06:50:06 AM »
Interesting take. I agree on the things you mentioned from numbers one to four but not on number 5.
~snip~

Thanks Mate.   :)

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Those who cannot trade and just prefer to hodl during the bear market finds joining bounties as an alternative in earning.

Well, it is also true. A trader can join bounty as his alternative income while HODL their coins/tokens. But for people (bounty hunters) who expect earning profits shortly and feel bored with long time of bear market, they decide to quit as the instant choice.
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Offline Abusadeeq6

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Re: [Analysis] Why do people quit from bounty?
« Reply #12 on: November 15, 2018, 07:07:28 AM »
Yea,, u said it all. That is the only reasons that chase away bounty hunters
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Re: [Analysis] Why do people quit from bounty?
« Reply #13 on: November 15, 2018, 10:28:16 PM »
Yes, people gradually began to lose interest in the generosity of the ICO through the current stagnation of the cryptocurrency market and through fraud in the ICO teams. It is especially annoying for me to have a previously unspecified KYC check after the end of the ICO, since I see that it is conducted solely in order not to pay the earned tokens to bounty hunters.

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Offline PRIBO247

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Re: [Analysis] Why do people quit from bounty?
« Reply #14 on: November 15, 2018, 10:32:12 PM »
Recently, not only people with less experiences, experienced bounty hunters also begin to quit from bounty activities. I know very well the big reasons why they quit. That's why I think they cannot be blamed by the action. Let's see below the reasons. 

Here are the most reasons:

1. A lot of bounty programs only resulted with pennies.
2. Many scam ICOs, resulting no rewards for bounty hunters.
3. Many bounty managers / teams of bounty projects changed the rules after bounties were over. They asked for KYC and lessen the bounty allocation significantly.
4. Bounty tokens/coins have no prices once listed on exchanges.
5. Bear market still continues and no big signs to have bullrun in the near future.
 
I also consider and think deeply about those problems, but I am still confidence to work on bounty programs as long as there is a hope for a better crypto future.

- How about you, mate? What do you think about their action?

Well all the reason you stated are legit. Its only a bounty hunter that has immuned himself/herself to all these factors that will not quit.

 

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