Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: PRIBO247 on December 02, 2018, 04:26:33 PM

Title: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 02, 2018, 04:26:33 PM
"The next wave of enforcement by the SEC, stimulated by its recent
settlement with professional boxer Floyd Mayweather and music
producer DJ Khaled, is expected to be on social media influencers
who have promoted ICOs to the general public."

https://www.ccn.com/secs-next-move-social-media-influencers-who-promoted-crypto-icos/

According to the news above, SEC will soon be taking an active interest in ICOS promoters on social media of which bounty hunters play a major role. Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Ahmedalab on December 02, 2018, 04:52:33 PM
Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 02, 2018, 05:11:06 PM
Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?

Wow! you just quoted me verbatim! No changes no addition! Mate that is not how things work here. If you had nothing to say, you should have just moved on. smh
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: levyashin on December 02, 2018, 05:11:34 PM
If the bounty hunters residing in US they may face some problems also this can be bounty managers and etc. too. But if you are not in US, SEC can't touch you.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Abusadeeq6 on December 02, 2018, 05:19:11 PM
This will bring badluck to us and SEC has to think well before stamping any law. In my own opinion they need to support us to promote any projects.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 02, 2018, 05:21:38 PM
 But if you are not in US, SEC can't touch you.
[/quote]

This is a huge relief I tell you.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Dprincebh on December 02, 2018, 05:43:02 PM
Actually if SEC is gonna put strict regulation on bounty hunters. Things is not gonna work out with bounty hunters and project will find it hard to enter the market talkless of getting influencers
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: ivanleon on December 02, 2018, 07:36:16 PM
The problem should not be for bounty hunters, but for unscrupulous projects that the SEC must now take control of. A complete ban on promotion in social networks is not a way out. Here's a walkthrough of all the hateful KYC may be required for bounty hunters.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Thegals on December 02, 2018, 07:58:20 PM
If only for social media, you can still work on other bounties such as articles and articles. And the results are certainly bigger than the social media bounty. So there is no need to fear about the news and we continue to live it as long as the bounty is still there, unless there are rules that are no longer allowed to use the bounty program then we worry.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 03, 2018, 04:50:37 PM
If only for social media, you can still work on other bounties such as articles and articles. And the results are certainly bigger than the social media bounty. So there is no need to fear about the news and we continue to live it as long as the bounty is still there, unless there are rules that are no longer allowed to use the bounty program then we worry.

Not everyone can adequately express himself/herself well much less write an article. So if the SEC is to seriously pursue this angle, its gonna affect a lot of hunters and I mean...alot!
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: OptimusPrime on December 03, 2018, 05:28:53 PM
"The next wave of enforcement by the SEC, stimulated by its recent
settlement with professional boxer Floyd Mayweather and music
producer DJ Khaled, is expected to be on social media influencers
who have promoted ICOs to the general public."

https://www.ccn.com/secs-next-move-social-media-influencers-who-promoted-crypto-icos/

According to the news above, SEC will soon be taking an active interest in ICOS promoters on social media of which bounty hunters play a major role. Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?
I really can't say much on this but to watch and. See how it plays off. As far as I am concerned,  I haven't broken any rule and their move to me is not what they should be doing
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: aldenlim on December 03, 2018, 05:41:09 PM
"The next wave of enforcement by the SEC, stimulated by its recent
settlement with professional boxer Floyd Mayweather and music
producer DJ Khaled, is expected to be on social media influencers
who have promoted ICOs to the general public."

https://www.ccn.com/secs-next-move-social-media-influencers-who-promoted-crypto-icos/

According to the news above, SEC will soon be taking an active interest in ICOS promoters on social media of which bounty hunters play a major role. Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?
It's not about the bounty hunter and it is about social media influencers because social media influencers never join
any kind of bounty program by any ICO and these influencers are contacted directly by the marketing team a
company.
Bounty hunters do not have any influence on social media at all because most of their followers are gained thru
joining some follow trains and follow back schemes on Twitter.
And if you read some discussions on Bitcointalk forum about bounty hunters being influencers all of the reputable
members of that forum will disagree, bounty hunters are just sharing signals with their retweets and tweets about
a certain project to make an ICO look powerful with lots of supporters.

Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: ZionRTZ on December 03, 2018, 05:51:35 PM
Who knows if they are ever gonna do it? I just do not think that they're willing to spend time and other resources just to go after thousands of bounty hunters.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: hsyncl on December 03, 2018, 06:03:47 PM
I think it needs to be brought to the arrangement in a frank manner. At this point, it may be very logical to intercept scam projects with small arrangements at first.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Ghozrd on December 03, 2018, 08:25:33 PM
I do not understand what will happen if the bounty hunter no longer exists. They are paid with tokens or coins and not dollar. Crypto becomes big because of the many communities. I think the rules from the SEC have no effect and Ico Ads will always be there.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Zed0X on December 03, 2018, 09:07:07 PM
I don't think US SEC would even bother checking bounty hunters. If there's any gov't institution that's a danger to bounty hunters, I think that would be the tax authorities.

Forget about the bounty hunters, I am more interested in the social media influencers  ;D (https://i.imgur.com/dsXCloL.jpg)
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PhiliPPs on December 04, 2018, 08:41:29 AM
I doubt that Sec will start controlling social networks or something related to ICO advertising.  After all, Sec initially had to regulate the projects themselves, and not its advertising!
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: pedangrusak on December 04, 2018, 09:52:32 AM
if promotions are removed from social media, what will ICO do to introduce their products? is the team dev quite silent and the SEC will take the role for promotion? of course not ... this is irrational when they will close all promotional media and of course there are special filters without having to close everything
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: laughingburger on December 04, 2018, 10:05:12 AM
"The next wave of enforcement by the SEC, stimulated by its recent
settlement with professional boxer Floyd Mayweather and music
producer DJ Khaled, is expected to be on social media influencers
who have promoted ICOs to the general public."

https://www.ccn.com/secs-next-move-social-media-influencers-who-promoted-crypto-icos/

According to the news above, SEC will soon be taking an active interest in ICOS promoters on social media of which bounty hunters play a major role. Now I am thinking, bounty hunters are paid to promote ICOS on social media and to some, it is a source of income. What happens if SEC decides to shut down any form of ICO promotion on the social media? How badly will this affect bounty hunters? Can they do this? What are your thoughts on this?

It is a very possible scenario that bounty hunter hunting jobs will be greatly affected. They can implement this rule on bounty hunting but maybe ICO will come out with other ways of promoting their ICO. If ICO can survive bounty hunters should still be able to survive in crypto hunting.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: gurunanakji777 on December 04, 2018, 04:07:37 PM
I think Sec can control in USA they can not control the whole world bounty hunters I believe so but if they took such step it will be very disappointing for bounty hunters. But I don't think so it will happen because social media is the best way to promote anything.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Annalise on December 04, 2018, 07:33:05 PM
It can only be possible if they can introduce other ways of promoting ICos .
Bounties have come be be integral part of ico projects.
So it's very necessary for success of ICos.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: tamango on December 04, 2018, 09:22:58 PM
I think SEC can't make such a decision because it has power only for financial sector and companies, not for privates and bounty hunters are physical people. A decision like this does not have any sense because marketing promotion is not an illegal activity.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Dkingbh on December 04, 2018, 10:09:38 PM
The issue ought not be for abundance seekers, but rather for deceitful ventures that the SEC should now take control of. A total restriction on advancement in informal organizations is definitely not an exit plan. Here's a walkthrough of all the disdainful KYC might be required for abundance seekers.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: mightwalker on December 04, 2018, 10:23:52 PM
I see no danger here. It needs to because we saw many scam, fraudulent situation in this year. So it is necessary for me.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: M.bhussaini on December 04, 2018, 10:24:41 PM
problem should not be for bounty hunters, but for unscrupulous projects that the SEC must now take control of. A complete ban on promotion in social networks is not a way out. Here's a walkthrough of all the hateful KYC may be required for bounty hunters.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Fenix on December 04, 2018, 10:24:56 PM
I do not think that the SEC will tighten the rules for the promotion of ICO projects in relation to bounty hunters. If it concerns the payment of taxes, then US citizens can pay taxes on this type of activity on a general basis. And if you are not a citizen of the United States, then we do not care about US tax laws and the SEC decisions on this.
SEC deals with global ICO issues and protecting the interests of its citizens. In addition, if we are talking about social networks, bounty hunters participating in the ICO signature campaigns on this forum and other similar forums will be able to continue their work.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Tristanerus on December 04, 2018, 10:45:31 PM
I dont really understand what is sec. In my opinion i think those hollywod or actor/ actress it just an addition to help promote some ICO'S project. Bounty hunters will continue earn bounty token since it just a small part of the allocation of the project.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Lighthouze on December 04, 2018, 10:54:42 PM
I don't think the SEC have jurisdictions over social media and what should or shouldn't go on there. Individual social media platform owners could decide to censor ICO related posts just like Facebook did at some point this year. But should push come to shoves, bounty hunters could continue working on other platforms like Altcointalk, Bitcointalk, etc
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 05, 2018, 01:36:37 AM
I don't think the SEC have jurisdictions over social media and what should or shouldn't go on there. Individual social media platform owners could decide to censor ICO related posts just like Facebook did at some point this year. But should push come to shoves, bounty hunters could continue working on other platforms like Altcointalk, Bitcointalk, etc

 Yes they don't have any jurisdiction over social media but they have the power to make things uncomfortable if they have the mind to. Its a matter of reaching out to the social media platform owners and making them see things their way. Already Twitter is seriously banning accounted that into ICO adverts and such.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: hermae on December 05, 2018, 04:17:58 AM
In my opinion, I think that if SEC will really take a move about promoting ICOs through social media, it would greatly affect all of us who are dping bounty hunting. But, if it really happens, maybe the bounty hunters will do some alternative promotions, take for example, the signature campaign, it has the highest allocation among other campaigns, so I think we can still survive without the social media campaigns. But of course, let us hope that this will never happen.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: arnishad on December 05, 2018, 08:36:12 AM
Some of the bounty hunters assume therefore, however never everybody.
Before I commit to support some project, I check it terribly rigorously. I don't participate in campaigns of that succes is related to high risk. SEC can tighten the foundations for the promotion of ICO comes in respect to bounty hunters
If I don't have such a desire, i'll ne'er sell tokens that within the future will bring American state profits.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PRIBO247 on December 06, 2018, 08:32:09 PM
Some of the bounty hunters assume therefore, however never everybody.
Before I commit to support some project, I check it terribly rigorously. I don't participate in campaigns of that succes is related to high risk. SEC can tighten the foundations for the promotion of ICO comes in respect to bounty hunters
If I don't have such a desire, i'll ne'er sell tokens that within the future will bring American state profits.

Lol...the truth of the matter is SEC is not terribly interested in how well you check the project you market after all, they only have your word for it.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: IyemRoker on December 07, 2018, 03:02:51 AM
I would not care about SEC rules like that, before even the SEC, we could already trade cryptocurrency traders.
If the bounty hunter is suspended, it's fine if I think but just feel if the ICO isn't successful, please blame the SEC. LOL
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: LaltctalksL on December 07, 2018, 03:30:50 AM
Bounty Hunters are much the same as ICO investors, Yes we don't contribute money yet we contribute our time and effort and we bring so much impact to the project. Perhaps ICO's will execute Mandatory KYC on Bounty Hunters too some ICO's presently is as of now doing this with current SEC Regulations.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: akitha on December 07, 2018, 10:27:51 AM
i think its not about bounty hunters, as long as the project is not under SEC they can't do anything..
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: keyz on December 07, 2018, 10:45:41 AM
I think the bounty hunters play an important role in the success of a project because with the bounty they are working on, investors are interested in joining the ico. there are many projects that fail due to lack of support from investors.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: PreshB on December 07, 2018, 11:08:45 AM
Well  to  an  extent  if  the  bounty  hunters  are  residing  in   Us  they  may  face  some  danger  or  problem  from  the  Sec,  but  if  you  are  not  in   Us  I  don't  think  Sec   can   touch  you.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: xeroz on December 07, 2018, 11:15:03 AM
~snip~

I think you shouldn't worry about it. It is still a plan only, don't apply yet. I think they will revise the plan because bounty hunters have given big contribution for the promotion of ICOs till now. And it is undoubted, bounty hunters did quite effective works. Even though there is an issue of fraudulence, the promotion of ICOs still go successfully.   
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Prime on February 03, 2019, 11:55:26 PM
I think we don't be so afraid with the news. It doesn't apply yet. I believe as long as there are new ICOs, bounty hunters are always needed. Bounty hunters are important parts to make them successful. And it has been proven for years.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: paolobaltimori on February 04, 2019, 12:01:16 PM
Yes this can be a problem if you live in United States.... however if KYC is not needed there will be no problem at all I think,.
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: Speaker on February 04, 2019, 12:15:15 PM
Yes this can be a problem if you live in United States.... however if KYC is not needed there will be no problem at all I think,.
Yes, only some projects are beginning to implement KYC for bounty hunters.That is, now not the project tokens are charged, but the share in the company. ("Datablockchain"-one of them)
Title: Re: Are Bounty Hunters In Danger From SEC?
Post by: mentorian on February 04, 2019, 12:21:22 PM
I think no. Because it's kind of promotion. Maybe campaigns will do KYC for bounties, but for me it's also good. Becasur a lot of fake accounts and people will leave bounty. That means that I'll receive more tokens and will get more profit in a future. For example very good bounty has DexAge. And promissing rewards. So more than sure SEC will not close bounties.