Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Lighthouze on October 20, 2018, 10:07:07 PM
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Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.
ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?
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I don't think all bounties are mess or failed. Don't make the same perception to all bounties in cryptocurrency. I still find some of bounties that are successful and pay bounty participants after the bounty program ends. It means not all bounties failed to get their targets in ICOs.
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Perhaps, I agree with you, I have been working for half a year, and during that time I received only two payments, all other projects were not paid, this means you need to choose projects more carefully :-\
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Joining in bounty is as risky as investment in ICO. If the ICO is failed or not reaching its softap, we will work for free. SOmetimes, we also work for the scammers and then we will get nothing. That is the risks of the bounty participation. But, when you are lucky, it will give you very legit rewards. SO, never think about the mess of the bounty. Just make a good consideration why should join that bounty such as soft cap reach, analysing the team, and project itself.
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I totally agree with you, but there is nothing we can do regarding this matter, the only thing we can do is to choose carefully which campaign to join and which do not join, even now most bounty managers will tell you they are not responsible for the payments and they are just managing, so even try to follow a legit bounty manager will get you no where, you have to research the projects you want to join on your own. The last time I got payment from a campaign was 3 months ago and I am a picky person when it comes to a bounty.
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Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.
ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?
I think a healthy approach is too think of it as penny stocks, most will fail, a small percent will go on to be great. And bounty hunting is kinda like getting those penny's for free instead of buying, to help promote the project.
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It is more difficult to find a campaign with good potential, but i don´t think it is a complete mess.
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I absolutely concur with you, however there is nothing we can do in regards to this make a difference, the main thing we can do is to pick painstakingly which battle to join and which don't join, even now most abundance directors will disclose to you they are not in charge of the installments and they are simply overseeing, so even endeavor to pursue a genuine abundance chief will get you no where, you need to investigate the ventures you need to join without anyone else. The last time I got installment from a battle was 3 months prior and I am a particular individual with regards to an abundance.
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I also have opinions and thoughts like that, bro. because of bitcoin and altcoin. Now many people are investing in bitcoin and altcoin. because bitcoin and altcoin include gold and paper currency bro
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Yes, almost all of the hunters are struggling right now. Most of the campaigns are not giving payouts.
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Bounty hunting is a gamble, some you will win and some you will lose. If you pick your projects wisely, you should come out on top overall. Just remember that you should do as much research into a project you plan to take part in a bounty on as you would if you were investing money. The only difference is that you are investing time and effort instead of money. Nothing comes easy in this life, just don't get caught up in projects promising huge rewards if you can't see genuine value in the project itself, as the likely outcome is that you will end up with a pile of coins/tokens that are worth next to nothing.
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This actually depends mate. Some ICOs failed due to lack of proper marketing to compel and secured investors. Plus the situation now are being affected by the bearish market. Bounty isn't that important for some ICO it's just an additional marketing to the project. If Bounties is what you expect from them then better to stop it. We all lucky that some project considered bounty campaign a free way to earn tokens but me as a trader. I personally not invest with ICO that has bounty but a marketing that can pulled of promoting a project.
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Yes, the market is not in a very good position right now. But it seems to me that you should still take part in bounty campaigns, because when there is a bull market, all altcoins will increase in value. And you will regret missing out on some bounty campaigns.
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with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
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Feels as though I should take a break from bounty participation for a while until the market bounces back.
It is completely understandable if ever you wish to take a break. Time is a valuable resource and you can use it in other more productive things.
I've seen a graph of recent ICO sales that reached or surpassed soft cap and the figures are really dismal.
Needless to say, a lot of bounty hunters were not paid.
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I agree with you. Situation is critital for bounty hunters like me that spend lot of their time doing many bounty campaigns. Personally I'm drastically reducing numbers of campaign I join (more than 50%). Now I join only campaign managed by bounty managers that I know well and only if I really think that project can succeed otherwise it's only a waste of time.
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Yea bro is right but at times is interesting when having some legit bounties.
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Bounties are making worst in situation that was made by scammers so lot of bounties are mess because investors are afraid to put up their money in some projects but you have to be careful on doing such things by participating projects that are not legit it maybe wasting your money and your efforts so bounties made a mess at this time ..
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I think that rather than panicking because of that condition, better to be wiser minds smarter in selecting the bounty. We already know that those are some risks of joining bounty and investing in ICO. Scammers, failed ICO, and extended bounty or payments are actually very usual happen in this crypto world. Therefore we must be ready every time although it really hurts. That is why we must be more careful in selecting the ICO offering bounty.
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In the world of bounty there is a harsh reality, when in the best scenario and with a very good choice of projects, 2 out of 10 projects will really be successful. Be prepared that you will do a lot of work that will not be converted to real money or you will earn too little. Especially now there is so much competition and a lot of participants, especially in social networks and articles.
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I feel the same anxiety as you feel, the feeling of being a hanter bounty is now a useless and useless job, unlike last year and can result in the danger that my friend can buy a car by being a haunted bounty but not for this year getting 100 dollars just pay very hard
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Your right mate I experience that too I participate in some bounties that they not paying me I do all the requirements that they given but they not pay me and some of my bounty too are just paying their coin and after that the project will just be gone and the coin that they give it to me is just a dump or don't have any worth.
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Not %100 but I agree on that. Most of the projects are not keep their promises. When the times comes, most of them extending the time limit.
Other than that, teams like Amazix are not handling the situations well.
It is hard to find right team and project to participate their bounty.
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Sure.! Bounties are no more lucrative these days. After working tediously for more than four months. All you will hear their telegram group is scam accusations. And even if they pay, they end up as shit coin on the market.
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What you are saying is very true. I am gradually losing interest in bounty activities because it is increasingly becoming a time wasting adventure. You work hard and receive nothing at the end of the day.
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The market is in bad conditions so bounty payment behave the same. For people who are planning to make bounty as their primary job you should think carefully, and never depend a single income.
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I think you are right. My last project from another forum just postponed. So I think I already have about 4 failed projects. Actually I've never get any payment from my projects on that forum. Thank God they already demote my rank so I won't spend my time anymore to find another project.
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Feels as though I should take a break from bounty participation for a while until the market bounces back.
It is completely understandable if ever you wish to take a break. Time is a valuable resource and you can use it in other more productive things.
I've seen a graph of recent ICO sales that reached or surpassed soft cap and the figures are really dismal.
Needless to say, a lot of bounty hunters were not paid.
This is a game where we should bear that some work are not being paid. We are already lucky that some still pay during a campaign even the sales of their ICO doesn't end well. I experienced many campaigns and almost half of them are only thank you for support. It's hurting but that is a fact that hunters should accept. We don't invest any money but a time that is also valuable as money. Stopping in a campaign is also understandable.
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Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.
ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?
This bear period is already a had time for any crypto adopter including hunters or investors and with the further problems from ICO being a bounty hunter for now is really a very difficult spot to be at. If you believe in crypto will have a future you should continue and do your hunter job in this down market, so when the market recover most probably you will enjoy more rewards.
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Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.
ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?
This bear period is already a had time for any crypto adopter including hunters or investors and with the further problems from ICO being a bounty hunter for now is really a very difficult spot to be at. If you believe in crypto will have a future you should continue and do your hunter job in this down market, so when the market recover most probably you will enjoy more rewards.
From what you have explain i am quite sure you are still continuing doing your bounty diligently? Do you think that in the near future ICO bounties will make a change to gain the confidence is the hunter or investors? You are a firm believer of crypto tech i assume.
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There is nothing we can do about this,.. Projects do bounty campaign to promote more of their project, but its like a game we can find profitable bounties sometime and also there are project that will not pay us
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In my opinion, you should not make such hasty conclusions, because there are quite a few quality projects in which investors are investing, you just need to choose carefully!
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We don't have any choice then to be patience,,, sometimes we gain while a times we fall,, that nature. Take it or leave it
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I think you are right. My last project from another forum just postponed. So I think I already have about 4 failed projects. Actually I've never get any payment from my projects on that forum. Thank God they already demote my rank so I won't spend my time anymore to find another project.
Honestly, there are no guarantees that you'll get payments from projects on this platform either. Bounty managers are having a hard time managing projects and having to explain to bounty hunters when things go south. It's a reflection of the times we're in and it's only the brave that will continue with bounties at this rate. Here's hoping things get better in the years ahead.
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certainly, they no longer need to be edited. there are so many unnecessary projects that you can decide which one to go around or whether the labor you spend is more painful.
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Well that's not totally correct. There are many great bounties still and I think there will be even more. Bear market doesn't mean bounties will end. Bounties are good way to incentivize community members in exchange of providing services and marketing and PR.
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Of course, I agree that the ICO projects are now in complete disarray, because this process is still not regulated by the states.
However, to a large extent, the situation with non-payments to bounty hunters is associated with the current poor market conditions, although there are still very many fraudulent ICO projects.
If fatigue has accumulated, then of course, you can take a short break in the signature campaigns. I still think that participating in ICO generosity campaigns is at least due to being aware of developments in the world of cryptocurrency, pumping accounts and raising the rank, that is, preparing for further active work with ICO projects when the market starts to grow.
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Yes these days bounties are really hard issue. In bear market icos can not collect money surely and because of that they are not giving bounty participants tokens or they are extending the time of bounty so because of that extending time bounty hunters need to work 1 or 2 months more and more.. that is terrible..
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Yeah, many bounties are complete mess now. You cannot even earn any reasonable amount hunting bounty now.
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I agree that most bounty projects are a complete mess. But you still need to carefully choose projects and participate in them .Market growth will return and everything will change for the better.
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Yes, I have participated in one of the projects, I have not had a bright spot for almost a year, but I am still waiting patiently, we must before participating in this project, we must be careful.
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Perhaps, I agree with you, I have been working for half a year, and during that time I received only two payments, all other projects were not paid, this means you need to choose projects more carefully :-\
Very good friends for your motivation and that also takes time to get values like that.
We also need time for everything because on the basis of the ICO and the bounty are interrelated.
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Bounty is a profitable thing. we can make a profit without having to invest first. by working on a bounty, many people get the profit because they can choose a good bounty.
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Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.
ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.
Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?
Well, why not? If you have free time, it is possible to engage in bounty, to conduct several good projects. I don't spend as much time with bounty companies as I used to. Although a lot of free time, but not so attractive. If before well led 20-30 companies, and now only 5-6 units. Just to fill my wallet. Maybe sell later.
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You must carefully select a project. You can only get bounty from a good project. You need to do a lot of research and choose a reliable project.