This is my next 10x.

.:mAestro:.

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Dear black hatters,

let me introduce the next project I'm investing into.

Bur first:
TL;DR: I'm describing why I have chosen this specific project, and why I believe it will reach new highs reasonably soon. If you are too lazy to read the whole thread that means you will never make it in crypto investing, so please get out from my thread.

Personally, I take a lot of time to choose projects I'm going invest into.
Been doing this since January 2014. and made a lot of mistakes in the process. At some point, I have started to see why I have performed badly and learned a ton from my mistakes. Now I have my 'system/rules' which I follow to the last detail and I'm doing pretty great.

For my next investment, I needed a low market-cap coin.
Been following more than 10 of those coins/tokens for the last 45 days and finally chosen one that will probably bring me 10x return on investment.

This project has already working product.
That can be good or bad in crypto/venture capital world.

In this case, I believe that's pretty good and you will see why pretty soon.

This project has a MC (market cap) of around $11-12 million at the moment of writing this.
Their token has a specific use and it some parties will need to buy it (it's not out there just for speculative reasons).
They will implement staking pretty soon.
This project already has 10.000+ active users and can reach millions more (even a lot people from BHW can earn money there).

INTRODUCTION:

I'm presenting you:

Bounty0x (BNTY)

"A decentralized bounties network enabling anyone to manage bounty programs, and users to receive payments for completing bounties. The network is powered by the BNTY token."


Please watch this video before you continue.


Basically, Bounty0x is a semi-decentralized platform where companies (and some individuals) can host different bounties.
Other people, like you and me, are "bounty hunters" and you do some tasks in exchange for crypto.

It's best for you to stop reading for a bit and check out their platform for yourself:
https://alpha.bounty0x.io/bounties

It's in some degree similar to Upwork, Fiverr and some other platforms for bug bounties.
There are other real-life applications:

- Software companies can use Bounty0x to find vulnerabilities in their code.
- Governments, Non-profits and NGO’s can use Bounty0x for incentivizing the completion of specific goals, like finding the cure for a certain type of cancer.
- Brands can use Bounty0x for incentivizing influencers to promote their products.
- Corporations can use Bounty0x for incentivizing consultants to suggest strategies for increasing revenue.
- And so much more.
Source

But, that's just the beginning. They will move beyond ICO bounties and accommodate/facilitate freelancing jobs/tasks in the future.
And that's BIG!
Even ICO bounties are big at the moment. I will not even mention bug bounty market (huge one). They cover both at the moment.
But, when they implement freelancing jobs and if they do everything right (especially regarding marketing) this platform could become huge.
At the moment, that's not something that's interesting to me. I'm here only to 10x my investment and go away to another one.

Now, why Bounty0x is different from above-mentioned platforms?
One of the most important reasons is they have "Bounty Sheriffs" and BNTY token which is of great use.

Bounty Sheriffs are people who will be able to stake BNTY tokens to review the work of bounty hunters. They come in when tasks can't be automatically verified.
If a review is performed incorrectly, a portion of staked tokens is burned. If performed correctly, the Bounty Sheriff will receive payment.

Besides that, Bounty0x payments are sent to Bounty Hunters through smarts contracts in a trust-less and decentralized manner. No central entity has control over this process.

USE OF BNTY TOKENS:

(1) BNTY will be used by Bounty Hunters
- How: Bounty Hunters need to stake BNTY to participate in ‘Super Bounties’. If a Super Bounty submission is rejected, like for example a bug report, the Bounty Hunter will lose a portion of his staked tokens.
- Why: ‘Super Bounties’ are checked manually by a team member of the startup. Therefore, it is important to ensure that all submissions are of a superior quality to avoid wasting the individual’s time.

(2) BNTY will be used by Bounty Sheriffs
- How: Bounty Sheriffs will be able to stake BNTY to review bounties. If they are performed incorrectly, they will lose a portion of their staked tokens. If performed correctly, they may gain additional BNTY and bounty tokens from the start-up.
- Why: As a quality control mechanism. Bounty Sheriffs are financially incentivized to perform reviews correctly.

(3) BNTY will be used by Bounty Hosts
- How: Startups can purchase BNTY to unlock additional premium features on the platform or to hire additional services from our partners, like for example community management.
- Why: The more efficient way of tracking and distributing payments to the platform and our partners.

(4) Staking (Q2 2018)!

- Bounty0x Community Staking
Bounty0x community members that own more than 200,000 BNTY will be able to stake it in the Bounty0x platform. Approximately 2–5% of the tokens/coins of every single bounty campaign will be airdropped to BNTY stakers. The minimum staking time is 8 weeks.

- Bounty Sheriff Staking
Bounty Sheriffs will be able to stake BNTY in order to review submissions made by Bounty Hunters.
The amount of BNTY a Bounty Sheriff will have to have staked in order to review a submission will depend on the type of bounty task, simple verifications will require to stake between 50–500 BNTY.

- Bounty Host Staking
Bounty Hosts will purchase BNTY which will be used for rewarding Bounty Sheriffs.

- Bounty Hunter Staking
Bounty Hunters need to stake BNTY to participate in ‘Super Bounties’, which are bounties that are not reviewed by Bounty Sheriffs, but by the Bounty Host themselves.

Read more here: https://blog.bounty0x.io/lets-talk-about-bounty0x-staking-bfc1ddfdf615


LINKS:
Website https://bounty0x.io/
WHITEPAPER: https://bounty0x.io/whitepaper_en.pdf
Coinmarketcap https://coinmarketcap.com/currencies/bounty0x/

I strongly recommend reading whitepaper if you consider investing.


PRICE POTENTIAL:
The next part of my post is the more interesting one.
Let's talk about price potential.

The project sounds great, right?
Especially at this MC.
And it's easy to see a market cap of $110-$130 million (which is 10x from this point) in the following weeks/months.

But, I will discuss my standpoint.
MC has been above $100 million in the first days of January.
Then it went down like with the most/all alts out there.

That sounds good, but it's not enough.

This project is relatively new one. One of the rare projects that have a working product, and in this case, it can be used by millions of people all around the world.
But, what I'm mostly interested in is price and how/why it will go up (relatively quickly).

Hype!
That's the most important ingredient.

Bounty0x could be known even more if the team would have done any marketing activity previously.
Luckily (for me) they haven't started doing anything until recently (several other people and I have pushed them into that direction).
Now you can see some bounties they offer on their platform to be listed in big media.

And that's just the small part. They have enough budget and they plan more and more marketing activities.
But, of course, the majority of that work will do the community for them because we want to see higher price.
I have already "heard" some talks in different groups how BNTY will be one of the tokens they will shill hard when alts season comes back again.
Btw. don't make your decision solely on this!

Bounty0x will be promoted in some other big forums where are potential bounty hunters in the following weeks.
Similar like I will do soon here on BHW.
And some of those users will purchase BNTY.

Let's not forget about influencer marketing.
Please read more about that in this post.


"Ok, ok... That still hasn't convinced me to purchase BNTY."


No worries, my fellow black hatter.
Look out at daily trading volume. It's a joke.
Come on, look at it. At this moment is $146,614 USD.
Usually for the last 2-3 weeks was between $100k and $150k.
That's mainly on KuCoin (btw if you don't know about KuCoin exchange go do your research and create an account).

And that's great because most people who have BNTY are holding it, probably to see $1, like me.
That's one of the most important reasons I believe price can skyrocket quickly. There are not going to be a lot big sell walls on the way up. Btw. the volume will be much higher later on.
There will be some sellers on the way up who bought in January when the price was above $.30 and they want to get away as soon as possible.
Besides those, some advisers could sell their tokens as well.

New exchanges?
Most probably. I was talking several times with team members like I usually do, including CEO, and they have applied for every important exchange in the last several weeks.
I'm hoping to see Huobi.pro pretty soon.
If they somehow manage to get listed on Binance in the next two months MC could reach easily $200 million in a short time.

One important point - the team wants/needs a higher price. You will notice that they have a bunch of tokens. And their goal is to raise that price as much as possible. And believe me, they will do as much as possible to see MC between $150-$300 million in the following weeks/months. How exactly, I don't care I will just enjoy the ride.


TEAM:
This is related to the price as well, IMHO.
Every time I had some suggestion they began to consider it. It was mostly regarding marketing activities.
When they start delivering (big) news in Q2 that will probably affect the price in a big way because we know how that goes in a crypto world.

Check out their website to check out every team member. I see that they have employed several new people since in the last 2 or 3 months.
That's only a good sign.
Besides that, they are working every day on getting new hosts on their platform.
Even if one huge company (in ICO terms) start hosting their bounties on Bounty0x that could get several thousands of new eyes on the platform.

WHY BUY NOW:
Look at the chart again.
I've been following this for about month and a half. This is the lowest price point (9-10 cents). It has been for some time now.
This is where the support is.

From this point, it will go up.
How fast only depends when new altcoins season will start and how fast people will spread hype about this project.
And I'm pretty damn sure enough people will work on that :D
Again, don't make your decisions based on that!

For me, the most important decision I need to make while investing is timing.
That comes before choosing a great project.
I don't wait to wait a year or more to sell my tokens. I want to do it as soon as possible.
In the last year and half that was every four months on average.
After I sell it I already know new projects I'm going to invest in.
Because of everything mentioned in this post I believe that now is a great time to buy BNTY.

It's March already. Last year at the end of the March started the new pump. I'm pretty sure it will happen again this year.
In the last few days/week, some BTC whales have been buying even more Bitcoin.
They probably know more than we do :)

It could happen that BTC and ETH will rise fast, then other coins in top 100 will follow and biggest ROI will be seen with small market cap coins like Bounty0x is.
Remember, as far as I have heard/seen most people will hold BNTY until it breaks $1 barrier. Feel free to talk with other holders in chat.

Another thing worth mentioning, maybe it's even a downside:
this project has bright future. On the paper, at least. Everything is great while the team has great vision and they are working hard on it.
But, you never know what future can bring. And that's why I will not hold this coin after it reaches $1.60.
There will be always new projects to invest into.

If you are waiting, like most of the lousy investors, to buy when the price starts to move then you need to learn a lot. Post below this one is for you.

Plus, a lot of new investors love tokens that have a low price.
They believe somehow by default they will for sure gain more on their investment buying something like this, instead of purchasing token word $5 or more. They rarely look at the market cap.

Your next reading should be their blog and subreddit:
https://blog.bounty0x.io/

WHY BUY BNTY INSTEAD OF XYZ:
This is the part most new investors don't get.

Let's say, you have Cardano. Or VeChain. Or even REQ. Or any other coin (especially shitcoin) where price will never again see previous highs.
What do you think it will go 2x faster. Those projects of BNTY?
My money is on BNTY. It's much easier for Bounty0x to reach $0.20 then for VeChan to reach $9.4.
And when BNTY starts raising it can easily get to $1, like I already wrote above.

Last year I had some losers and when I finally figured out that the price is not going quickly back I just sold them and bought another project where I saw a lot of talk about it and I was not sorry.
Thank you, WTC!

Like I said above, every decent coin/token will see raise in price, but for me personally, it's very important how much is that in percentage.
I'm not day trading. I'm not jumping from coin to coin. I'm buying when the price is stable and when I see great opportunity for an amazing ROI.

OTHER THOUGHTS:
I don't know what the price will be. I don't know when it's going to raise. That's normal in investing.
But I'm confident in this case it will go significantly up.

Besides everything mentioned, I have chosen this project because I can (directly) influence the price. I can write about Bounty0x online in a lot of different places.
I can talk directly with CEO and give him some suggestion regarding marketing if I see a good opportunity for some new move.

Who knows if BNTY will be at $150 million market cap or $300 million in the following weeks/months.
That's something that doesn't bother me. I always have my exit strategy.

Btw. consider how much you would invest maximally into BNTY.
I don't suggest more than $20k, but that's just me.
You see, when the price hits $1 it will be easy enough to sell your tokens in one day because volume at that point will probably be around $2-3 million.

If you consider buying then you should know that it's always better to enter at 10 cents instead of 20 cents. Because we it hits $1 you will gain 10x on your investment instead of 5x.
It's pretty simple to understand that, right? But, I'm still surprised how small amount of people I talk with really gets this. Rarely someone has the exit strategy. Don't postpone buying when you make your decision and if the price is right (valid for any other project).

Regarding entry points:
Personally, I would buy this up to 33 cents. It would get me 3x or even 4x on my investment. That's something I'm perfectly fine with, and usually, it's my goal when I invest much more.

MY EXIT STRATEGY:
Like usually, a lot will depend on hype and FOMO after price hits $1.
In normal conditions, I will start selling at $1.05.
But, if people will FOMO hard at that point I will stare at order books all day long and start selling slowly.
If everything will be great I will sell all my tokens between $1.05 and $1.60.
After that, I will be completely satisfied with my returns.

On another note: get your emotions and regret in line.
Don't cry because you could have sold your token for $10 if you already had 5x on, for an example $5.
Plan your exit strategy carefully.
 
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Sure looks a lot like a huge pump and dump, just like all the other ones.

At almost $0.90 January 6th, and a market cap of over $100 million. Now it's at $0.08, and the market cap is 10% of what it was less than 60 days ago.

Down almost 17% in the past 24 hours alone.

Tiny little spikes make this look exactly like a blatant pump and dump. Look at the graph of it over the past couple months versus the graph of say, the HMNY stock (another clear penny stock P&D) over the past year.

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Lots of information in this thread that is completely unverifiable. Basically nothing online about this coin outside of their own material.

I mirror what @mickyfu said. I'd like to see some viewpoints from the other side of the coin too, though., before I completely dismiss this as more hype garbage.
 
Dear black hatters,

let me introduce the next project I'm investing into.

Bur first:
TL;DR: I'm describing why I have chosen this specific project, and why I believe it will reach new highs reasonably soon. If you are too lazy to read the whole thread that means you will never make it in crypto investing, so please get out from my thread.

Please have on your mind that I'm not a financial advisor and that this post is not a financial advice. I'm just writing my opinions. You and only you are fully responsible regarding your investing.
Tread carefully.


Thanks for reading!

It sounds all good but why on earth would you post this on a public forum? Any smart investor can do some basic research and called you out on your real intentions. Your project is dead on arrival.
 
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Complete pile of shite, look at the state of their website. It's literally proof that crypto is in a bubble, that shit had a marketcap of $100 mil? lol jesus
 
So, are you getting a bounty for posting about bounty? Given what it's supposed to do I'm surprised it hasn't fared better than it has, the team is weak though if I recall.
 
There's more content on this OP than most my sites combined.
 
Imo BTP (Blockport) has a good chance to go x10. Super low market cap right now.
Their beta is coming out this month.
 
I have been following Bounty0x for 2 months and I'm happy I haven't bought it yet. :-)
I was kind of dissapointed by their platform at the time I checked but I see that they are progressing nicely. The price of the token is falling just as the majority of other coins is, I don't think there is a special reason for this.

If they actually start promoting it (your post is a good example of such promotion :-)) I agree that it may rise in the future. Thank you for the long article with a lot of information. I'll keep watching BNTY and may buy some in the near future.
 
If you were a freelancer, why would you prefer to be paid in this cryptocurrency rather than in USD or even another crypto.

I'm not sure where the application is.
 
This is supposedly a coin with utility and purpose. Well, I see very little utility and purpose based on the amount of the bounties posted. I think it's as simple as that, if a platform like that is to take off, it needs activity. In a way, you might be better off investing in coin that doesn't have such a specific use case and mechanics, because it's harder to show that it's not serving its purpose while with this one, you can clearly see that there is very little activity which would also mean that there is very little reason to justify a hight price and market cap.
 
What I think (keeping it short) is a new wave of hype coins will replace the old hype coins. They will get lapped up by naive people. By the end of the year, they will suffer a hit, already for the next wave of hype coins.

One of the most meaningful replies in this thread comes from mickey... What a sarcastic world we live in.


Sure looks a lot like a huge pump and dump, just like all the other ones.

At almost $0.90 January 6th, and a market cap of over $100 million. Now it's at $0.08, and the market cap is 10% of what it was less than 60 days ago.

Down almost 17% in the past 24 hours alone.

Tiny little spikes make this look exactly like a blatant pump and dump. Look at the graph of it over the past couple months versus the graph of say, the HMNY stock (another clear penny stock P&D) over the past year.


Lots of information in this thread that is completely unverifiable. Basically nothing online about this coin outside of their own material.

I mirror what @mickyfu said. I'd like to see some viewpoints from the other side of the coin too, though., before I completely dismiss this as more hype garbage.


Thank you for your input.


It sounds all good but why on earth would you post this on a public forum? Any smart investor can do some basic research and called you out on your real intentions. Your project is dead on arrival.


I'm not sure what are you talking about?
Could you please elaborate?


Complete pile of shite, look at the state of their website. It's literally proof that crypto is in a bubble, that shit had a marketcap of $100 mil? lol jesus

Thank you for your insightful comment. I will take your wisdom into consideration for sure.


So, are you getting a bounty for posting about bounty? Given what it's supposed to do I'm surprised it hasn't fared better than it has, the team is weak though if I recall.

No. Where did you get that idea?
The only weak person could be CEO at this moment, but as I can see he steped up his 'game' in the previous weeks.
It's good that not a lot of Bounty0x success in this year will be directly related to him.
Another team member, Deniz, is the one I'm looking at and their marketing people/efforts.


There's more content on this OP than most my sites combined.

I'm not sure should I take that as a compliment or not knowing that I wrote this while asking should I write a newsletter.


Imo BTP (Blockport) has a good chance to go x10. Super low market cap right now.
Their beta is coming out this month.

Thank you for letting us know about that. It's "BPT" actually.


I have been following Bounty0x for 2 months and I'm happy I haven't bought it yet. :)
I was kind of dissapointed by their platform at the time I checked but I see that they are progressing nicely. The price of the token is falling just as the majority of other coins is, I don't think there is a special reason for this.

If they actually start promoting it (your post is a good example of such promotion :)) I agree that it may rise in the future. Thank you for the long article with a lot of information. I'll keep watching BNTY and may buy some in the near future.

Yeah, I was in the same 'boat'. I was happy that price went down a lot.
Also, I was disappointed as you. In the following weeks, I was "attacking" the whole team in their chat demanding transparent answers about their progress and marketing efforts.
After they have been released alpha 2 I was pretty satisfied with the result. Best things are coming in Q2 and that's why, besides everything else, I have decided to jump on at this stage. I pretty confident in my investment(s).


If you were a freelancer, why would you prefer to be paid in this cryptocurrency rather than in USD or even another crypto.

I'm not sure where the application is.

Wow... Someone in "crypto" subforum actually asks this...

Because cryptocurrencies will be a completely normal way to pay for products and services in near future?
Because a lot of people nowadays want to be paid in crypto by default instead of fiat?
Maybe because a lot of us can't stand PayPal and similar services, so cryptocurrencies are a way to avoid those?
Maybe some people don't have any need to take all of their payment right away to spend it, and they can hold it in the hope their coins/tokens will have a higher value in the following months?
Maybe because payment is almost instant?

Other people can add more if they want.


This is supposedly a coin with utility and purpose. Well, I see very little utility and purpose based on the amount of the bounties posted. I think it's as simple as that, if a platform like that is to take off, it needs activity. In a way, you might be better off investing in coin that doesn't have such a specific use case and mechanics, because it's harder to show that it's not serving its purpose while with this one, you can clearly see that there is very little activity which would also mean that there is very little reason to justify a hight price and market cap.


It's a token. And what you think they are working on if not bringing new hosts and a lot of new bounty hunters to the platform?
In a just a few months more than a decent number of users and enough bounties for the start.
Those numbers will just go up.

I usually agree with your another statement. Almost all my investments are/were in projects where there is no working product. I know how people can imagine one project will something groundbreaking to the public.
This time I have decided to go with the working product, because a lot of people are already talking about same issues (no working product) and when marketing efforts present Bounty0x from an angle that this service is useful, you can right away use BNTY and there is staking available I don't doubt it will go above $1.

It's good to remember that I don't care what will happen afterward like usually. I just want to see market cap above $110 million and I'm off to invest in another projects.
 
It's a token.

TBH, I don't know what's the difference really.

If they get some serious adoption, sure, the might get this off the ground. But just a few hundred bounties available is not something that can justify a 110 million market cap. Even the current small one seems like a speculative overvaluation betting on their ability to bring people in and get the project running. But I get why you see the 10x potential ;)
 
TBH, I don't know what's the difference really.

If they get some serious adoption, sure, the might get this off the ground. But just a few hundred bounties available is not something that can justify a 110 million market cap. Even the current small one seems like a speculative overvaluation betting on their ability to bring people in and get the project running. But I get why you see the 10x potential ;)


First of, please don't get me wrong, but how long are you investing in crypto?
Don't you know that almost everything is based simply on speculation and hype?

They have around $1 million in bounties right now (or they had week or two ago). That metric sound good for an average investor, right?
Besides that, they have enough capital to employ new coders and other employees to upgrade that platform as much as they would like to.

If they will run out of capital their best move would be to create some hype and bring the BNTY price up so they can sell some of their tokens.
In either case that great for me.

So, relax and ride the hype as much as you can.
When market stabilizes, hopefully not before the end of 2020., then we will need to discuss completely different investing strategies.

Wish you all the luck in the crypto market.
 
I stay the hell away of any coin that is based on the community promoting it, because talk is cheap and developing and delivering a product is a lot more difficult and rewarding.
 
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