Bitcoin Forum

In my mind, signature campaign is an easy way to get started and earn some coins, but most campaigns are only open to high ranked users. some campaigns however, do accept newbies, like me. and i have noticed that most of those campaigns are about a new altcoin, and pays in that certain type of altcoin, which requires me to get a wallet of theirs. Any thoughts on whether its a good idea to participate in those campaigns or potential riskes?

You might earn some pocket change by participating in an altcoin sigcampaign as a newbie member... The risks are:
1) the altcoin you receive turns out to be worthless
2) the OP doesn't pay up
3) the altcoin ends up to be a scamcoin

But... If the altcoin turns out to be a success, you might earn a couple satoshi's worth of altcoin, which can be exchanged for BTC or you can hodl it in the hope the price rises even further...

It's basically a gamble... If you do your homework right it might be an educated guess instead of a pure gamble... In the end there is a 99.9% probability you made less money by participating in the campaign than you would have made working at Mcdonalds... Sad but true...

If you are posting for fun instead of profit, i'd say there is little or no harm in trying.

As newbie your only choose is altcoins,because majority of altcoins also include newbies.
and about being profitable,we cannot tell if the coin will hit big in the market or not
Just pick the best coin that you think worth your time and effort.

It's a good idea to joined if you really want to joined. But your main point here is to learn since at your rank you can only get a cheap reward. But that cheap reward can turned into a decent one if ever those alts will bloom in terms of price.

As far as you know how altcoin life works, you can literally noticed if the coin will become a success even for a pump and dump scenario. About the own wallet of theirs, well sometimes it's really needed and you have to deal with it since it's part of the rules.

The only risk is your lost time and effort to post on but it's not actually a risk,because every activity here counts to your advancement to the next level..
Just pick the coin with good features and future usage

The only potential risk is that you lose time which can be annoying. You should look at skeletoncoin any rank can join and it is suppose to be an android gaming currency. If that happens it will be great. Otherwise it is just another failed shitcoin.

Get your another possible activity, reach more level and try for joining with them, good or not depending on the end of the campaign and dev and you need be careful about choosing the best one. I don't wanna for suggesting like an essay but the point is the risk assignment is always there.

Even in altcoin signature campaigns you must be at higher rank, unless some campaigns which give very small amounts, and most of the campaigns that accept newbies are shit coins, I mean the price might drop suddenly and your reward will become small, therefore I recommend you wait until reaching higher rank.

If the project is good like what i am right now,then it's worth your time,I don't know of any risk involve in getting in the campaign but you can spare yourself of lost time if you do a research in finding the right altcoin signature campaign to join ..

The only down side if signature campaign is the lost time, project like Postbase, Opair, Decloud all run signature campaigns but the bounty hunter were not paid because the project like Postbase was underfunded and Opair and Decloud ended up been scam

I agree with you that it is a good start especially with individuals that like to put their foot into the door about cryptocurrency and other projects.  As mentioned there is the risk of time and effort to pursue an altcoin, however it is good to put the effort on research before applying oneself to the commitment.  Personally, I used to just read the threads and was hesitant to reply in BBT, however, it feels reassurring thoughts can lead to applications of ideas as a contribution to the community.  IMHO, it wouldn't hurt to participate on other compaigns, just do the background research behind the project.

you can find about altcoin signature campaign in market placed altcoin section
but majority or all signature campaign minimum join must Jr member above

I am also worried about viruses that comes with the wallet of that currency downloaded on my laptop or phone. After browsing in the altcoin discussion session I noticed people are worried about securities mining altcoins, just wondering if the same risks are involved if I just download a wallet.

i think it's better to focus on the bitcoin campaign, they are far more remunerative, and less volatile than altcoin campaign, you may end with nothing by joining a altcoin campaign, because by the time you wait for the payment, the alt may be dead or dumped, there is at elast one campaign for newbie right now, i think 777 is its name?

I totally agree with this since I'm experiencing the same situation. I am currently raising my rank first before I join signature campaigns. But I find it okay to join if you are just enjoying posting things and other stuffs even if the pay is little. It really takes time, effort, and patience to earn bitcoin.

first of all you should only join a signature campaign when you are at least a Jr. member and even if they are accepting Newbies you should wait. because the amount of payment is dust and also you don't naturally know anything about anything, what are you going to post comment about then!

also you don't really need to keep altcoin wallets on your computer to accept those altcoins if you can go on an exchange service and use their wallets, you would eventually want to dump that altcoin for bitcoin anyways so it is better to keep it directly there.

Most of your statement are true about in the signature campaign, actually in my experience I only join in the ico potential in the campaign who give pay in bitcoinBTC but if there are going to pay the participants and  requires them to get a wallet from theirs I am doubtful not to join in that campaign.

That is a good observations and it happens always. Just strive to have a higher rank, don't lose hope. Be diligently join the discussion, without your notice, your rank is getting upgraded. When it becomes meber or up, you an join a decent signature campaign.

In the contrary one of my friend who participated in an ICO signature campaign that pays in their own coin have received much more than those who paid in BTC.  For example, Pesobit signature campaign pay their coin to the ICO participant.  For the rank member (basically member participant are paid around 0.01 BTC per week) for 4 weeks of campaign, they got 5664 PSB if converted at the current price of 0.00002 will total 0.1 + BTC which is more than those who paid BTC at their rank.  My friend sold his PSB at  9996 satoshi so that is around 0.566 BTC.  See the difference between the potential of earnings.  0.04BTC total for for week in BTC while 5664 PSB which is converted to 0.566 BTC in the same rank and timeframe of work.  Altcoin just give you potential of earning more or earning less, either way it is a risk which can be handsomely rewarded if the one you participated is a  promisng one.

Well, be careful with these campaigns because most of them are scams. They are using you as a way to promote their scam cheaply. The coins may be worthless, or the wallets even may be infected with viruses.

It can be tricky finding the right alt signature campaign to join. Antshares for instance had a lot of support but has refused to pay its signature campaign members till date.

It is also for their coins to get populated. That way they could get some clicks and maybe rank up in google search somehow. They would also prefer that because it is free advertisement for them.

Risky but do you have a choice? You could stay without signature if you want.

the only reason why new altcoin is accepting newbies is because they need mass advertising in short amount of time and need it immediately for the sake of their ICO's project to be succesfull and gather as much investor as it can,there's no risk on joining these kind of signature campaign but keep in mind that some coin projects may be turning out to be scam coin but only few

altcoin payment for signature campaigns is the worst way of getting paid for the job that you are doing. because most of the time you would have to install their wallets (Risk: the wallet may be malicious with a virus that steals your bitcoin) and running a full node wallet is not easy. and then you get paid after a long time (Risk: price always falls for these coins) and you will be left with so much lower amount that you were supposed to get.

even if the price doesn't fall by the time of payment it will fall as soon as they pay out the signature campaign participants and usually other campaigns and promotions and rewards because there will be a massive dump by the recipients.

well joining in alt coin signature campaign is like gambling, maybe the coin can be worthful, it maybe can be worthless, but since you are newbie and not many campaign want to accept newbie rank and you don't need to invest anything, i will suggest you to try it, who knows you alt coin can be valuable in the future

I agree with you, joining in an altcoin campaign is also a risks. I once
join in altcoin campaign gives me profit, there is also a good side in
joining it.

Signature campaign usually 100% free, all you will doing is put some code in your signature then collecting free coins. If the coins is worthless then forget about it. So where/what is the risk?

only do it under the following conditions:

1) if you could get paid with that altcoin but based on its bitcoin value. for example if you are supposed to get paid 0.01BTC per week you get paid that much in that altcoin.

2) only if you can receive it in an exchange wallet and dump it as fast as you received it. in any other case you would be taking unnecessary risks.

* although there is an exception that if you by any chance liked that particular altcoin and wanted to keep it!

yeah if it is really good coin or project.
they don't need that much kind of campaign like signatures.
look at the ehteruem.
it doesn't need signature campaign.

Yes  its actually 100% free  on  joining those altcoin campaigns  but the  risk  involve  is  not  on  money  but  on the  effort  and time   you  putted  on a  particular  campaign. If they dont  pay then  your efforts are  useless , especially to  altcoin  campaigns  which last for   months , those  time are just on waste and its better to put  up  into  different things and thats the  risk  involve. Thats  why we should  be  observant to a  particular   coin if its  a good  or a  bad  one  but its not easy as  it sounds.

You should be ok if you download the wallet binary from the official website. The safest is to download the source and compile it yourself.
However this can be a challenge unless you are using OSX or Linux. Don't ever click a download link unless it is from the original post of the ANN here on BCT or from the website listed on the original ANN.
There are spoof sites and Github accounts where the perp has changed one letter of the link (Caps L for l or 1 for l etc) - don't download or build any binaries from these sites.

Back to topic - it's worth doing ICO sig campaigns for members - as mentioned earlier - do research or you may waste your time. INCENT is currently running and Chronobank/TIME is upcoming. These should be worth something on sig campaigns. Many BTC campaigns bar negative trust so for seniors and heros with negative trust these ICO campaigns can be a good alternative if one picks well!  :D

I'm afraid that even if its an altcoin signature campaign, Most of the participants are at least junior member and a junior members pay rate is pretty low.  

Participating in altcoin signature campaign is quite risky because some of them don't pay out, or the coin can turn out a failure or even a scam.

The good thing about this is if the coin turned out to be good then you will certainly get profits from it that you can exchange for btc. And if you're a trader, you can use the coins you earned in trading.

If you're still planning to join an altcoin signature campaign, you better do some research about the coin first, But it is recommendable to just join a bitcoin signature campaign cause many campaign has already proven paying plus bitcoins price is volatile and it is the most stable cryptocurrency

Most of us newbies are not allowed to join any kinds of campaign so while waiting for our account to level up.
Lets just use that time to get familiar in this forum and improve our post quality.

it's good? no - lol.
but as a newbie, you dont have others options and to progress with your rank you need to post.

so, do what you have now and later you move to another campaign.

We need to careful for those campaign because some are scam. You don't if they paying and give you a reason why they did not pay you. That is the strategy of the campaign so be careful every time you make a move. That's all.

Here You Can Earn Lots Of Coin But Becarefull Some People Scam With Campaign ..
All Campaign Not Accept Newbie Bcz If Thay Accept Some People Open Multy Account And Apply All Campaign  Who Accept Newbie And Its Out Of Bitcointalk Ruls..I Think You Understand What I Want To Say Brother..

The risk is if you advertise a scamcoin then your name is ruined and those that matter will not trust you.

So you decide if the pocket change is worth it.

FYI, alot of people will put you right on ignore if you are shilling scams.

Signature campaign is the service that gives you an extra income. If you have a free time you can join signature campaign in this forum to get paid per post. Like me, i'm using signature campaign.

I was not aware that campaigning can harm my trust and reputation. Thanks for the info!

It would really harm  your account  if  you  are  promoting a scam coin that's why  its better to be vigilant  on  altcoin campaign  that   you are  joining , if  you saw that  there are  already  bad accusations  on the coin  then  its better to leave   rather than staying  up  on the campaign  because there are  lots of DT's around  which  will give  you  negative trust for sure.

Why the hell not? bring it on guys and gals next stop is "Sigoin", not to mention of course the fact that people try to shove their alt coins to pay for campaigns and make others to download and run their wallets I hardly doubt it could succeed.

But one thing came to my mind is to implement a rule where anyone trying to run a signature campaign should go through a series of stages like filling applications outside of forum and creating an automated on time payments and if they don't accept them then no campaign what so ever allowed, then there will be a specific and proper channel for those who want to run and those want to participate and helps with fighting the spam and more accessible for everyone.

It will be good to implement your ideas, but this is a free market and some impatient people we still need to rely on trust

In my assessment any altcoins can be profitable as long as it is potential and legit. Just all you need to do is be a risk taker in this industry of bitcoin world. And exert effort without double mind.

Joining here in a signature campaign was a process. Means there
is a levelling scheme. Though joining in an altcoin campaign is
a good thing also, but be selective on which alt campaign would
you being participate. In my experience in an alt campaign its
profitable also, you can get information that there project is a
good and has future in the long run.