So I had the exotic Bounty for Invective and was on the first step (complete 5 strikes without dying). I had 2/5 complete.
Then I finished Iron Banner for the night. I turned in all my bounties (I think I had just completed one for Crucible and two for Iron Banner. I forget the Crucible bounty, but Im pretty sure the Iron Banner bounties were for 10 kills/assists without dying and 15 machine gun kills). I turned in the Crucible bounty. This brought me up to Rank 3 in Crucible and I got a package in the mail. Next, I turned in the Iron Banner bounties. I hit Rank 4 in Iron Banner, and bought the chest armor and cloak.
Then I checked my mail, got an exotic Bounty in a Crucible rewards package, and chose A Light in the Dark. It's worth noting that only two choices were offered. After that, my previous exotic bounty was overwritten.
Looks like I missed my chance for Invective :(
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#Help
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That's odd. I'm sitting on 3 exotic bounties at the moment. I've held several, many times and never had that happen. You sure you are looking at the right character?