Bitcoin Forum

Many people get angry because there is a merit system which makes it difficult for us to up rank or because of rising bitcoin prices that make everyone want to earn money with dirty (greedy)

According to you?

Before, scammers are on pyramiding scheme. But they noticed that ICO is trending and much easier to scam people so they switch onto it. Aside from intended scammed ICO, some legit project tend to scammed their bounty hunters for the reason that we dont know.

Merit system was introduced and made by long term members because their are the ones making profit the most out of this game. With rising number of people ranking up it is becoming less paid to be at the highest ranks. This is why merit system exists as with it the ones who got early in the game earn the most as it is really hard to earn merit. For instance look at me how many posts I have made and I don't count them to be crap as I invest my time and energy to be on this forum and I haven't got single merit. Those who have merit to spend spend only with their buddies to rank up.

Well, there is little about that because you have no choice basically.

just be steady with your progress, and advance softly.
All you can do.

Delaying the bounty rewards for months should also be termed as scam because bounty participants promote the project and help it to raise funds so i believe that they should be paid first for their work and effort holding their reward is unethical and against the labor laws.

I agree with you, merit system is only profitable for bounty hunter who have been in this forum for a long time, I think they should change this rule, I hope they make more wise rules about this merit.

Some bounty scams, because they have corrupted the way they use the beliefs of investors to accomplish their own personal goals, they are good at doing what they did. Conscience makes bounty programs impact.

By the way, now the bitcoin price is in a downward trend instead of going up lol. the bounty scam because participants do not sort or do research on the project that he joining.

Yes I agree with you. There are some sig camp that gives like USD1k or so a week worth of coins with the highest level of rank in BCT forum.

New people will hardly have chance to reach there honestly speaking. 0 Merit here too!

i think merit is not connected with many scams in bounty. scams in bounty disadvantageous for member and investor, and give adversely affect to others icos, and merit is point from apresiation to your topic/post when what you create is good quality

Perhaps they have seen the many benefits that can be made if doing fraud through bounty and they easily do it so that others imitate this to profit by deceiving.

People have gone to crypto so there is very easy to earn and scammers do not miss the chance to earn on it. Collect funds for the sale of coins and hide in an unknown direction. Very often these are Russian teams, but there are many teams from other countries.

Yes, it is true that this scenario happens in real life. When the bounty rewards is delayed for a months, it is possible that the bounty is a scam. We cannot assure the safety of every bounty so that  every individuals should be smart in choosing bounty or campaigns. The person who have the knowledge has the power to manipulate individuals so we need to be careful.

They have become quite frequent, so if you become involved in a bounty you have to do your research as much as in any investment in crypto.

I think the new merit system is just for limiting the number of people who use multiple accounts to participate in the bounty thread.
Although this have the effect very much, so now the use of multiple accounts of people are beginning to reduced, it also caused some problems, however, because the people really want to upgrade the upgrade of the difficulty is very big, so the system may require certain modifications.

People are experiencing scam because the project does not reach their goals so they stop and don't pay the participants. That's very disappointing for the one who really works hard for the reward. I think merit can help us so that users here will not flood.

The Ranking system on bitcointalk is poor. there is the need for younger members to take part too. you see people have 0ver 2000 merits, some over 1000, put the cannot give that out to those that do not have. it is not fair system for me.

if you join bounty campaign of a scam project of course you will be scammed. you should search very well in the beginning. especially you should check the team and advisors, if they are enough known or not.

I wonder how the introduction of the merit system can affect the limitation of the number of people with multiple accounts? In my opinion, who had several accounts, and high ranks, they have more opportunities now to pump additional accounts due to the direction of merit from their accounts with high ranks. The system of merit turned out to be aimed at stopping new people from accessing the forum and practically on any further advancement on ranks. If this does not change, we will soon be able to see the level of activity of members such as the heroes and the legendary.

i am always confused about ppl, but i think i cant understand the nature of their shit way, they have talent, power and time to steal money from others, with this effort they could make a legal way to earn money, but they dont, sadly

Really, now here are a lot of scam projects. Of the last i can highlight RoscaCoin, Microstack, Impressio... But you cant handle this, because  it is only a some kind of "business risk". I can only advise you to choose bounty campaigns more carefully, and fully inspect ICO before taking part in bounty.

So make a lesson so as not to repeat for other times, scammers can not be avoided anymore because they think very profitable but in a cunning way, therefore it is necessary to know and analyze in depth to ensure the existence of the actual ICO.
You look complaining about this situation, first you complain about the merit system and second you complain about the scammer, not easily earn the income you want, then try to play the brain so as not to miss far from successful people.

every day a new ico comes out of the market, which is fake which is hard to tell which is the real one. Besides, many projects have to delay bounty payments because the market is bad

I don't see any illogical with merit system. It's working very good for rank hierarchy in the forum. If you just bounty hunter, your work is like, share and retweet, you don't have any knowledge with cryptocurrency, and you want to up rank? It sound very funny.

The scammers sees ico as a great opportunity for scamming investors in the cryprocurrency world. They come up with a type of bounty with a very attractive roedmap and a well formulated white paper.  They scam investors and go with their investment without giving them the coins they promise to lay them for investing in their project.  
But nowadays, some ico decide to scam their bounty hunters without any reasons which is unfair. They n
Don't pay bounty participants for the work done for promoting their project with their social media.

I think that this might be a part of the reason from which this problem will flow off. But if people would be more sincere and honest, we will have less scam.

Bounty scams are not related to the policy in this forum. It is usual to have scam projects here because this is a portal of income and we all know that the greediness of the people leads them to fool other also.
If all projects here are just genuine, though the competition becomes difficult, atleasy you have a chance to make money even you are a junior member.
By the way, energzine is also a scam project.  Check it out in icoethics. You must remove your signature also and find another bounty.

The levels in bitcoin talk are only usable for the signature campaigns , for the rest of the campaigns the number of your followers is important. For signature to have higher level means to write better content , that everybody would read so the signature giver would love this more of course so its totally fair ;)

More scam icos is definitely going to lead to more scam bounties. So as a bounty hunter, one has to be careful and do some good research before partaking in them so you don't spend months wasting your time promoting scam projects.

Not a scam bounty but the ICOs are already intending to scam from the very beginning the ICOs were made. The team of ICOs are fake and have already planned it. If we want to know about good ICOs maybe we should see the rating of ICOs in some famous web and look for whether the ICOs have bounty or not.

The title is asking about why there's more of bounty scam.

And when I have read what you're going to ask, why are you whining with the merit system? you can directly ask the question that correlates with the title.

Simple logic

There are more bounty scam because there are more fake icos

It’s all easy and does not require hard thinking

While it is true that there are so many scams going on, we need also to be very vigilant on this. If you see something then say something, report that to the proper persons so that actions against those scammers will be taken.

I agree, especially when the ICO was successful and collected millions than the people who supported the campaign were part of the success. But then you have projects like Thrive or Bridge that are not even able to spend money for listing on exchanges...

Because some of them are greedy and want to make a profit without having to pay a fee then therefore they make fake ICO and for us who are in this forum to be careful when investing in ICO. Make sure that they are genuine or fake.

when there is merit, we will make a quality post, then there will be no spam post, I think bitcointalk policy is very precise, but there are still shortcomings

The increase in bounty scams has nothing to do with the Merit system introduced on this forum to tackle/discourage spammers.
Bounty/ICOs scam is the easiest way of extorting money from crypto investors presently hence the increase.
Bounty hunters should be careful in choosing projects to advertise so as to discourage these vicious scammers operations.

I agree with you. We must now be more careful again. Many of those who play dirty by promising projects that offer great benefits, turned out to be a scam after arriving mid-way.

There are more bounty scams because they find bounty as best source of income in crypto. Scammers are those people who wants to get rich easily without exerting so much effort and resources. Other scammers just want to ruin the image of crypto and are paid. Pity for them, cause these people don't reach success because they are not contented of the things they have. And I really believe that those who are doing good and persevere with what they are doing are rewarded but those who lure and trick others are punished. Let's be more careful and vigilant to avoid scam. Say no to scammers.

Your thread title and your OP don't match? But regardless, I think that the number of scam projects is roughly the same as it was 6 months ago in terms of ratio, but now we also have to contend with the fact that a large fraction of ICOs are doomed to fail. There is simply not as much money in the market as there was last year due to the price crunch. If an ICO fails, the bounty doesn't get paid, so you stand the chance of being either scammed, or backing a crap project that fails to generate its tokens at all.

Its unfortunate that there are a number of scams in the bounty platform today, doesn't matter  why they are scams, but the fact that they are scams in the first place is very scary, i THINK MOST OF THE SCAMS TEND TO TAKE ADVANTAGE OF THE FACT THAT , most bounty hunters dont pay much attention to research on the bounties they participate in, as long as the rewards seem to be good, they will always be wiling to take part in it, most are fooled by attractive rewards and end up committing to scam bounties.

The merit system was necessary to its purpose, which was to encourage quality posts. Now that its accomplished its aim, i think it can be revamped accordingly. Anyway, the woes are for that extra bit of income, which will compulsorily resolve itself with the upward trend in the market.

I wish there were survilence in this from for bounties, to remove the scam ones before they post in this thread their project, it would takes a lot of time and need a big team coz there are some icos posting their thread daily, best thing we could do is to do our own research and stop joining scam bounties, if the population gets that mature, scamers would know that they can't defraud more and would rather to go somewhere else!

Honestly, I do not agree with what you are saying. The number of scam projects and failed projects does not depend on how much money flows through the market. There will always be a good portion of scam and failed projects no matter how the market performs. Research and luck help in differentiating between legit and scam ICOs according to me which is why I urge op to do his/her research before choosing a particular bounty campaign.

it is now with the merit of many people who are difficult to rank up not you who upset me too so long ago but not go up to rank. and now it is a lot of projects that Scam but not with bounty scam because I know bounty is still a lot who follow and many are rewarded

The presence of the bounty runs along with the presence of the ICO. If there are many more ICO scams, so do the Bounty programs. In this era, many irresponsible people make the ICO and Bounty cams to make them big profits by deceiving. Bounty is very potential to gain the community and attract the investors. Therefore, we must not be panic or doubtful in choosing the bounty.

Merit can really help those people who work here with honesty. It controls for that scammers so that they can't easily rank up and make fake promises for the community. Always choose the best one so that you time will not be a waste.

In my opinion, some scams are valuable, because they have ruined the way they use investor confidence to achieve their own personal goals, they are good at what they do and besides the alleged ICO fraud, some legitimate projects tend to cheat their gift hunters for reasons that are not we know.

You are right brother, many ico project came out to be scam at the very end. I don't know how to proof out the legit campaigns anymore. Bounty scam, airdrop scam. Which one to participate in now. ? It piss me off. After working day and night and you later discover it is scam, it makes me feel really bad.

We can not blame the system because the purpose of system is good, that is to reduce people who have multiple account.
So if for my opinion we better follow the rules that have been made, currently there are many bounty projects that accept participants junior member.

Just a bounties ? There are a lot of scam project and scam bounty programs are more than scam projects. You have to search very well

The scammers were always and at all times. ICO companies, of course, attracted even more attention of these craftsmen. It is for this reason that this mess in the cryptocurrency market is flourishing. The second reason that ico is not paid is the lack of investors and a small return to bitcoin and altcoins.

Well I agree,scammer are here in terms on more earning from them bounty campaingn, but scammer are not always win to those ICO will detect immidiately because some of them are also inside the job,like on last month bounty campaing manager will run after  bounty campaing will end ,it this case member will scam after all the hardwork will done.

I think merit a good system and why hurry to level up to join a signature campaign?  recently I see less allocation for signatures in a campaign began shifting a large social media campaign for its allocation so there is no reason to be angry, as campaign allocations shift flowing is much better than anger besides the participants for the translator also added a lot so it seems they have started to see opportunities to earn revenue from the campaign be someone more creative and able to see opportunities.

The merits system has bring sanity in this forum and there is actually no need for us to be angry about the system but try to study and do research in other for us to makes quality posts and get merits from those that benefit from your post. 
We are having scam's icos now because scammers has find a new heaven in cryptocurrencies.

whats the connection of the title to the people whos angry because of merit system?you title is too difficult to understand than your question.

But merit system is the best action theymos has ever made to prevent account farmers now even how good you are in farming.but you wont get the rank that you desired

The main problem with merit system is that the community needs to be active, not just few people. Regardless of good posts or decent posts, most of the senior/hero or above members wont give you any merits.  ::)

Yes, there are many people in the market who have been blinded by their interests. They are gaining profits through dirty means. This is very shameful. More and more scams have had a serious impact on the market. I think we should boycott the market. These scams, people or institutions

Because many people just do not know how to distinguish scam, and scammers do their best for this. The truth to say on scam can also be earned if you choose the right investment strategy.

I think BBS should have a rule to manage those scams. We should manage bitcointalk. But no one seems willing to talk about management

Not just bounty but all project becouse i dont think legit project could has scam bounty so if you dont want be scammed then just make more research be informed about bounty you join.

Yes a lot of people who are not responsible and just want to find an advantage in money, so they have to make a fake ICO deceive investors. Yes, things like this that make people lose money so they are disappointed and consider that many of the ICO scam or fraud. In situations such as these need to be confident and knowledge prior to following ICO.

Since the crypt is not regulated in any way, therefore, there is no appropriate control. And with increasing popularity of crypts, the number of scams increases.

The most significant reason why most of the bounty campaigns are scam is that the ICO that have that specific bounty campaigns tends to failed or maybe that specific ICO is really an scam site and really dont want to pay for their bounties.

In my ball, who had diverse histories, and colossal level, they acquire deeper cuts nowadays to force superadded accounts be indebted to to the direction of price from their accounts with colossal ranks.

Merit does make it difficult to rank up, and it may not be perfect, but merit or something very similar is needed.
It shouldn't be possible to get to the hero/legendary ranks unless you really contribute a lot of interesting, helpful and insightful posts, but before the change it was possible to just post huge quantities of low quality posts and get to those ranks. Yes it still took time, but it needs to take time plus genuine high quality contributions.

I do feel for those who are putting out good quality posts but not getting merits for them. I suppose I am one of the lucky ones as I got to a decent rank before merit came in, but I have also experienced how difficult it is to gain merit - I've only ever received 6, in addition to a generous starting amount. It must be very daunting for those starting at the bottom. One suggestion might be to contribute in other sections of the forum. I tend to stick to the altcoins section myself, and it can be a bit of a merit desert here.

Because some of them are greedy and want to make a profit without having to pay a fee then therefore they make fake ICO and for us who are in this forum to be careful when investing in ICO. Make sure that they are genuine or fake.

I agree with this because the system now is more on the long term member although it is good because there is a lot of people now using this kind of platform and some of them the main goal is only to scam but on us on the middle rank it was unfair because it is hard now to rank up and we are only stagnant in this rank because it is rank to get merit and we feel that we will be on this rank up to the end because of the merit system. Because of this system many people change their mindset to just scam because it is hard to earn money by their low rank.

There are 3 explains:
1. Ico not reach softcap, than they cancelled ico and no rewards for bounty hunters => They call that bounty scam.
2. Fake Bounty/Airdrop trying to get follow on social network.
3. Scam ico just trying to get people money, make bounty to get free promotion to get more money from investors.

There are many projects that cannot be trusted enough that is why I never joined ICOs but rather joined on bounties and find the manager that manages campaign that become successful until the end and give good earning. Scam sometimes from the site we visited that are suspicious but we enter on it and sometimes save password and email which become a way to enter our own accounts.

Some bounty scams, because they have corrupted the way they use the beliefs of investors to accomplish their own personal goals, they are good at doing what they did.and scams in bounty disadvantageous for member and investor, and give adversely affect to others icos, and merit is point from apresiation to your topic/post when what you create is good quality

Well I agree with you. We must now be more careful again. Many of those who play dirty with promising projects that offer great benefits, turn out to be a fraud after arriving in the middle of the road. Tetpi lest it make us despair keep it as an experience for us better future.

I think that this is due to the fact that more and more people began to understand that for fraud here it is almost impossible to prove something and put a man behind a tails

You're right. The Merit system limits too many upgrades. It is difficult for new users to upgrade. For old customers, they can make the biggest profit by bounty. For most of the people of the forum. The maximum profit is the reward and signature.

Yes, right. Merit system does feel very difficult for us who want to raise the rank to a higher level. However, I think that is not the cause of the emergence of various ICO / bounty scam. The scammer just wants to profit from investors who can be cheated just for personal gain. So I do not think it has anything to do with merit system. However, there may be little to do with the development of bitcoin and the world of cryptocurrency.

This is why you need to do as much research on a project you want to do the bounty for as you would for a project you are looking to invest your money in. First of all, you can almost eliminate the chance of a scam if you do your due diligence and turn down 98% of bounty programs like I do. Secondly, you will only be promoting quality projects for your followers on Twitter, YouTube, etc. I do not feel right if I promote a scam or garbage to my followers

Smiles, if i were you, i would have just generalised it by saying why Icos are scam. What i observed is those scammers around the world operating pyramids program back then are shifting to ICO space now, once they observed investors care about ICO. If a project is not a scam itself, i don't think it bounty campaign would be scam in anyway

It is because the bounties that are lack of investors, users, advertisement result and effects, because of those the bounty scams are being mor relevant and always happening, just like what happen to me i have been scam and my bounty reward was not given and i havent recieve any of those bounty, and it is just because of the reason why they didnt give bounty reward, they will not really give the reward because of lack of support and earnings.

Greed,what drives those scammer. Why many scammer? Because cryptocurrency base ico is not regulated.Anyone can start thier iwn project, raise some funds and gone. Even a high school student can create thier own token. This should be change to protect investors and the public.

Let's talk about some objection to the questioner.
In the beginning, not all bounties are scams. This is because the probability of a bounty program being scam is significantly lower unless the ICO project is initially scam.
The reason why the bounty program thinks that the questioner thinks that it is a scam is because the number of participants participating in the bounty program is very large while the number of investors in the ICO project is so low that the official sale fails. I apologize to you and immediately terminate the project.
In this case, the bounty program will be abolished and it will be useless.
In other words, we see this as a waste of time for participating programs and we can think of it as a scam. I replied here that I have experienced a lot of cases where several bounty programs have become obsolete.

Ico scam is the same as bounty scam, proportion. We can't stop those greedy person to run bounty without paying those participant since start, Part of a scam ICO. Yes it's big problem we have, what if we do task for all most 3 months and project team runaway. All effort paid nothing but pain. We can't cry, no one can help us and get those scammer to full fill their promises. So these experience will push us to be more carefull and responsible for what decision we made in crypto life

We can not blame the system because the purpose of system is good, that is to reduce people who have multiple account.
So if for my opinion we better follow the rules that have been made, currently there are many bounty projects that accept participants junior member.

I agree, it‘s to easy to create a project out of thin air, create a whitepaper on the basis of already exiting projects and use copy/past instead of creating someting unique. Unfortunately most people don’t do their homework and fall for these scams to easily, which is why they keep going until some regulation makes it too hard for them to continue without facing a high probability being prosecuted.

Merit actually a good thing for Bitcointalk since it was a choke point for the attempt of holding multi-account to farm in bounty campaign.
Of course, a lot low rank like you and me don't like it since it quite hard for us to rank up but I think it still better than above.

The legitimacy framework was important to its motivation, which was to energize quality posts. Since its refined its point, I figure it can be redone in like manner. Anyway, the burdens are for that additional piece of pay, which will necessarily resolve itself with the upward pattern in the market.

Your string title and your OP don't coordinate? In any case, in any case, I believe that the quantity of trick ventures is generally the same as it was a half year prior as far as proportion, however now we additionally need to fight with the way that a substantial portion of ICOs are bound to come up short. There is just not as much cash in the market as there was a year ago because of the value crunch. On the off chance that an ICO fizzles, the abundance doesn't get paid, so you stand the possibility of being either misled, or backing a poo venture that neglects to produce its tokens by any stretch of the imagination.

Only the scammers have a true answer to this question. I would like to think however that while a good number of the people behind the scam do it for their own selfidh reasons, others do it necessarily do it out of pure intentions. It could be as a result of a failed project, or not being able to get their targeted ICO sale rate, hence couldn't pay bounty hunters as promised.

i think that some bounties are not a scam because you i did not invest any money i just joines their bounty who knows if it will be successful or not all we need is patience just for my opinion

Greed and lack of human empathy is the more reason why there is scam all over the Place. Except for those projects that couldn't fulfill their promises as a result of unforeseen circumstances, like them not having a successful ICO sale. failed bounty campaigns are because people become greedy and want to make some money for themselves, hence they go ahead and create projects with the knowledge that it is going to be a failure.

Right to follow the gift is better than investing directly with ICO.
 this is a lot of developer fraud that cannot be trusted makes ico prone to fraud.

More bounty scams, due to many different situations. Like they could say that the bounty was not succeed or reach the minimum ico, at that time the program consider a scam many says that, or even more problem of an ico error to run the program a lot of possibilities or may be to the management either.

My opinion is not about situation not success to reach minimum sales of ico or else. the problem why more bounty scam is when they release (listing) in the market exchange and then price was down every second until didn't have value again and then the team leaving the project or the team still focus on their product and didn't care anymore with their token on market because they already have btc/eth/usd to buy pizza  ;D.
most of them why the project ended scam because of that all. so for the investor must be carefully when join the ico sale, at least must find the team profile of project and read whitepaper then looking review again on some website review.

Perhaps the existence of a merit system will reduce multi-account fraud and improve the quality of the forum. But in my opinion, the existence of merit does not affect quality even it is very difficult to get merit from someone. In this case, of course, many people who want to make a profit to be able to earn a large income from bitcoin, of course, the most difficult thing cannot be avoided because bitcoin covers the whole world and certainly not only in bitcoin happens, but in the real world, work happens.

There are more abundance tricks since they discover abundance as best wellspring of salary in crypto. Tricksters are those individuals who needs to get rich effectively without applying so much exertion and assets. Different con artists simply need to destroy the picture of crypto and are paid. Pity for them, cause these individuals don't achieve achievement since they are not placated of the things they have. Also, I truly trust that the individuals who are doing great and continue on with what they are doing are compensated however the individuals who bait and trap others are rebuffed. How about we be more cautious and careful to maintain a strategic distance from trick. Say no to con artists.

Merit system was implemented into the forum as it helps people to to get merits for posting good and educative comments on the forum. High ranked accounts get the most payout from bounties and its only them that have merits in this forum

If really all is very easy. If to have money and possibility, the fraudsters always ready to take a chance. Crypto world haven't a control government, we have a friendly community. A possible If the regulators this process will be, this unit will be stay. That sounds great, doesn't it ?

I think that is not scam.but their project failed to reached softcap target at their ico token sale..and then they cant to list at some market exchange bcause their capital is low for list at exchange.failed at marketing program ico token sale my opinion

Because bounty for developers costs nothing.You're just doing a free job.To free labor are without respect for many, unfortunately it is so

Yes most of the people not getting their rewarded tokens. Now a day 90 % ico scam. They using this way to earn by spamming others. Better don't invest ico . Instead of that You can work for bounty program .

Maybe because many people try to take advantage of the opportunities of the bounty. So from that many bounties are scam now. But if you do research, you will get a legitimate bounty. So try to choose and research before joining the bounty campaign.

Because everyone wants easy and big money. Because a lot of fraud, which is increasingly developing.

The topic of your post slightly contradict your post but I will react to reason why more scam bounty, greed is the major reason we are experiencing bounty scam on the part of bounty manager or the project team, some delay bounty payments in order to rip off people of their hard earned rewards why some indirectly introduce Kyc after completing bounty in order to avoid payment to majority of the people That Won't bother to attempt Kyc while some will fail...

About the merit system it's somehow strict and seeming like those at the top rank don't want new members to join them because these people are not giving out merits or they are giving it out to their personal person and I've been suspecting these people create more account and give it merits... If I'm asked for recommendations I'll like for a modification in the merit system other than making it caucus thing

I have no question about the merit system because I believed its a privilege for all pioneer members for being loyal as well as rewarded for not being lazy.

There's no problem about that and I'm not complaining, only greedy complains. Well, you yourself has the big chance to get merited by users if you are doing your best to create great, attractive and informative topic or share your knowledge that is useful or helpful to other members.

I am an old member since 2012 if not wrong but being lazy and inactive unable me to get the benefits to have higher rank but I deserved my rank now all I need is to continue doing this and wait for my perfect time to earn higher ranks.

We have been in bear market for 8 months and it makes more difficult for ICOs to reach their soft cap.
It does not necessarily mean that they are scam. Many of them are really struggling but they are not scams.