Post
Topic
Board Altcoin Discussion
Re: Stable coins for bounty hunters
by
iTradeChips
on 15/07/2020, 01:52:09 UTC
You've missed the whole point of paying in their coin/token.

The new projects that are not listed at exchanges and without their own market place will always pay in their own token (as long as there will be bounty hunters accepting that) because in this case they don't pay anything from their pockets. If the project has success and gets listed, you'll sell for other investors' money. If it doesn't have success, tough luck, you've worked for free. It's a risk the bounty hunter have to think of when he jumps for enlisting under their banner. One has to check first if it has a good enough chance for success and listing.

There were times when altcoins used to pay bounties in Bitcoin or Ethereum, but nowadays the bounty market is so overcrowded with bounty hunters that they are really in no position to dictate the rules. If you will refuse to work for worthless tokens, someone else will. And these ICO scams don't care about quality, they need quantity, because there's still plenty of greedy noobs who are ready to gamble with ICO's as they hope to find a "good project".

This is the very reason why some of the old bounty hunters like me stopped working on bounties paid for by their own tokens or coins because of the fact that most if not all of the projects tend to fail or their coins devalue as soon as bounty hunters start selling their share of their payments. For me the great year of bounties was 2016 to 2017. Now there is absolutely nothing now. It's either luck or sheer determination through research and reading that you will be able to get good bounties.