Bitcoin Forum

It seems like bounties are becoming more and more like mining each day.  Simply not profitable.  The amount of dollars you earn vs the total amount of time you spend completing the tasks is less than minimum wage.  Are you guys moving over to trading or are you sticking it out hoping for better days?

Bounties and mining are both different entirely from one another
It differs in the sense that you need to invest your time data and body to participate in bounties as it entails sleepless nights
But mining all you need is your gpu device and electricity as well

You need to figure out clearly and make the right choices

Bounty is more tiring than mining. One is operated by the machine. The bounty is based on manpower. Sometimes there are no rewards. So the bounty is really tired. Feeling tired. Can only insist on silently.

That day will come that bounties are no longer profitable when most of the projects are just repetitive and no real use. While the projects that will have their real use for their token can possibly survive it. Mining is still profitable and miners won't stop mining if its no longer profitable, it's not only profitable for small miners but for large farms, it is.

It's just an incentive so why you have to compare it to miminum wage and you should have your own job.

Trading > bounty.

How did you say that bounty was same on mining? In the first place bounty and mining have a big difference in terms of earning bitcoin. If you can see mining was have a device or hardware to mining a bitcoin even you sleep you are earning but in bounty it is not you time, you need put an effort to post or to do something to earn. It is hard to earn in bounty than mining.

Just try to do a daily trade to earn more and I know that this will be so difficult situation when there was so many untrusted platform tries to created such a scam site and I think that will be very wise for us to sticking into another field just like trade. if you are only doing it and then that will not profitable.

in my country the salary is 200-300 dollars. Bounty is an opportunity for additional income. This is my chance to become richer

yea seeing a bunch of jr accounts, there has to be a ton of people out there with multiple accounts cheating kind of sucks but when people see money to be paid they jump all over it.

They are profitable if you do your job and do it correctly. You should be participating in as many bounties as you can, but ensure that you only spend your time working with projects that are extremely strong, because right now it's difficult to raise money due to a lot of FUD in the air surrounding the recent SEC delays and ETF rulings. If you're a shitposter who doesn't produce useful advertising, then you don't deserve any bounty rewards either, so make sure you're actually contributing, rather than just spouting useless trash that doesn't help spread the word.

Yes, I feel the same. The extended bounty and the delay of payment and listing exchange distribution is the reason. I am not sure, the developers always delay the distribution and wait to list to excahnge. Do they need free listing by voting? I think ICO investors will not be interested with slow move of developers. WHy they list and distribute the tokens in exchangers and the price will go up as long as their project is real. If their project scam, everything is worthless.

The bounties is like a continuous mining and the profits are quite high so I feel that it is balanced with the time I spent taking part in the bounty project, but not all projects run well and not even finish in the targeted time or scamer, so we have to heart in following a good project so as not to lose the time and money we have risked. according to my experience I chose with a large community and manager of a bounty project that was well known for its success.

Although the results lately have not been so encouraging, the bounties still have good projects, the ideal is to spend a few hours a day to see if a project will have a future or not and so base our participation in it, everything is being affected by this bear market, the best we can hope is that things will recover soon.

I think you are so correct, my friends who join bounty since last keeps complaining of the same thing over and over again, and I think the reason is because of the bear market and the influx of more people into bounty hunting

The reason why the bounty is no longer that profitable is because of the bear market condition and the eth price that just went down, if market turns to bull run, it might be profitable again, so gather as much coins as you and hold

If you mean that the trend of bounty hunting and mining based on income. Its a yes, both are the same decreasing in profit from time to time but the value you have gain from the past is soaring high after. Just continue what are you doing right now bounties or mining and you will harvest it someday.

I'm still new to these world but i believe more in the investing rather than mining or bounty.

Good comparison. People will make a thread like " Is Bounty Still Profitable?" similar to "Is Mining Still Profitable".
Well for now it's hard to earn from bounty since 80% projects is scam or failed. Have some useless coin on my wallet and don't know what to do with them, I think we have to change people mind to work only if you get paid with the coin that available in the market not a coin from the project itself.

I don't think so. Bounty is different than mining. Can you give me a strong reason why you said "simply not profitable"? I think it is profitable, but surely it depends on how your strategy in following an ICO bounty. I will continue my work as a bounty hunter, I am not afraid.

I think this two buddies are different in their form on requires your time and energy. why the other requires your electricity and GPU.

Better to just invest with them.
The bounty thing could be your bonus and also a way to know more about their project and be updated too.

1 percent for all the bounties is not that much. So buy some to add to your profits on the future when they get listed om an exchange. I guess a lot of users here have been doing that strategy for some time.

Bounty is a cheap solution for those who want coins for free. Even with a Smartphone, we can work on a bounty.

Mining is a difficult thing, because a lot of money must be spent.

As the ICO is increasingly failing, there are not many bonuses. I still combine the transaction, the work and the bounty

i sticking with bounties and hope for better days. i spend my time at the computer anyway, so i will continue to work on bouties on the side. since i dont have to spend any extra time, it's okay if the payment isnt quite as good.... at least still.

With the current crypto market situation, I can assert that all bounty, mining, and trading are the same. Mining is currently in a difficult situation in the profit optimization. However, excavators provide daily income. While the bounty is difficult when the ICO attracts a lot of investment, everyone becomes cautious with the ICO and the massive participation of bounty hunters makes the rewards very small or impossible to receive when the ICO fails. Trading can be profitable, but at the present, it is not easy for you to lose money without basic knowledge and understanding of technical analysis.

for me yeah, since i dont have enough funds to trade, id rather do bounties, well, it depends on whose bounties are you in, but to say bounties are like mining, it is unlikely true, first, those two are different in many aspects, but to make it simple, more users are into bounties than mining, and we are talking about capitals and funds here, so for us small time users, we will still do bounties for now.

I still do some bounty, this time the price of bitcoin is affecting the bonus in the bounty. I think trade is hardly profitable, because you have to invest money in it and have trade technique. Choose for yourself a good project to do, maybe it's worth going into the future.

All these options together make up my work. This year is very difficult. But he taught me a lot. Then I'll see if I should keep doing

The whole crypto market is down, coin prices are down too and so you won't expect bounty to be paying huge now, everything is down, so we are in bear market and that's why the profit is small now, just get more tokes as you can and hold until when the market turns to green.

Bounties are starting to become obsolete since icos are now engaging professional marketing services instead of partnering with enthusiasts who are doing bounty work.

I think all depends from the project such as what we follow,if we are not good at analyzing where the project good and bad of the things we do will be a waste of time. The world of crypto full of unexpected thing, the effort will not betray the results.

trade or mining I think both are ways to invest and certainly have advantages and disadvantages in every investment the most important is patience and confidence and good at reading opportunities to make a profit

well for me mining is better than bounty because bounty is tiring but it doesnt take alot of my time but knowledge and mining needs a good set up and electricity.

Bounties has started to wane down specially when some of them are playing the KYC card. Plus you are gambling as well because your token payments depends on the success of the project, if it didn't reached its softcap you wouldn't even got anything not even a Thank You for your hard work. Definitely, trading is more profitable although the risk factor is there, but at least you have total control or the profitability, unlike bounties wherein you needed to stay for the whole duration of the ICO and you don't know if you are going to be paid at the end.

Bounty and mining are still very different. Mining requires a machine, but the bounty takes more effort to do. It is very likely that you are also deceived by the ico project, they will not release coins. Bounty is even more dangerous.

Bounty and mining are two different things. need capital to complement some of the facilities so that mining can walk. but for the bounty, this doesn't require great things as capital. though indeed many are starting to get in the bounty but nonetheless clearly the two are quite different.

maybe only people with large investors are able to make mining tools, because the costs needed are also not small, which is why many people like bounties, because it does not use capital

The only thing the same is that you can get coins without investing in money, but the way they pay is different. As long as you mine, you will have coins. The reward is not. It is possible that you will take the time to do it, but there is no coin.

yes i am also a little disappointed lately even i follow the gift for months just get a few cents not so valuable, maybe i will become an investor more profitable than being a haunted bounty i also don't understand if there are too many bounties or paid for gifts too a little

we have to understand about current condition in market.bitcoin and altcoin price drop sharply , and its make investor confidence to cryptomarket reduce alot.so they afraid investing their money into ico projects.and we are as bounty hunter get negative impact from this.

It's just two different earnings. To participate in the bounty, you do not invest anything and do not actually lose anything. Although personal time is a kind of investment, but not material. And for mining, you need a lot of costs, the same time, electricity, technology ...

There comes a time when it becomes not profitable to work on a certain topic. This happened to the bounty. Nothing bad happens. Each participant will find a way out and be happy in another, for example in day trading.

Bounty is completely different from mining. these are two different things. and Yes now Bounty is tedious and does not bring a good reward.

Yeah, the amount of the bounty become more and more disappointing, so don't expect you can get a huge amount of money from bounty, if you know how to trade of course it will be better to trade, the amount of profit from trading is unlimited, you can get huge profit if you already good in trading and if you keep on building your experience then you can become an expert

I believe that bounty is still profitable. Just need to spend a lot of time on them now. That the more time you spend, the more your income will be.

Participating in bounty campaign is like mining and you can look at it that way after all energy is being spent. Don't look at it like doing bounties is nothing good but it definitely help the ICO to be spreadout which users in the forum will notice and check the project. I found myself sending some ETH to a project that spark my interest. When I see myself interested to an ICO yet I'm with a bounty campaign, I will pay to get some tokens of that project.

Your opinion is wrong when comparing bounty and mining. These two forms are completely different and can not be compared together. And bounties I think it will always exist if the cryptocurrency market is still favored by ICOs because the bounty is the most effective way to market ICOs if they want investors to know their projects.

Bounties are like free money. I mean you are working for it. But no actual real financial investments involved.

Bounties are not really like mining yet. There are still a lot of profitable bounties you can participate in and make some good dollars. Although, it is sometime luck too to really get a good one.

Now payments for bounty have significantly decreased, but it still remains one of the good ways to earn money. Because you invest nothing but your own time. So I continue to participate in the bounty and I think that everything will be fine with him.

I still think mining is worst, as it requires some equipment to be done the right way, with bounties you just need a computer with internet, you can also complete them on your phone.

Yeah, mining is way more hard to get into, as most people don't have the equipment or capital to spend on it in the first place.

We all hope for better days. I try to earn more in some companies. Trying to trade on the stock exchange to be in the black. Now, we not just

I do not understand any comparison of these two things. These are absolutely different directions. In the bounty much depends on you, and on your abilities. First you need to be able to choose a good project, secondly, you have to work hard to have a decent profit. And the mining - farm included in the grid and it works.

for now I still survive with the gift even though many ICOs that contain fraud and accuracy are the main capital and patience, of course, although only a little get a gift from what I do

in my opinion, both are a different thing. because of this we should do bounty promotion of a project. While mining, that we are trying to solve a code or password provided by the team. With a gift of a coin.

Very much different if you compare gifts with mining, mining is far more profitable than bounty, because there is no risk of being hit by a scam, but in mining you have to spend a lot of capital to buy supporting tools, for now there are many projects that look good but give little rewards or even not paying makes me think of moving to daily trading so that I can make a profit.

there is a reason why so many people choose to do a bounty. one of them is because we want to collect the coins from it. by following a bounty, we will get the paid in the form of coins or tokens. if we get big results, then we can start to do trading because I think it's more profitable.

We know that these two professions between Mining and Bounty are some ways to get cryptocurrency, but if you say revenue between Mining and Bounty will be the same, I don't agree with you, sorry. The point is that both professions are just a way to get cryptocurrency, that's all.

when i hear the word profession the first thing will come to my mind is career and i think mining and bounty is not a real career because for me the term career is something that you do for life , the one that you've studied for college as a profession ( i.e engineering , business administration , etc )

But in comparison between bounty and mining , i think mining is still better because in mining , you running your own business and it means the profit thay you can get will depend on you .  not unlike to bounty that even if you work hard , the payout will only depend on the owner . in other words there is no assurance that you can get paid.

I hope bounties become better quality when the market improves.  At this point it seems pretty pointless to do bounties.

To be honest I have been waiting for months now for my bounties to be monetized. It is either the ICO has no exchanges for their token or the price of their token or coin is lower than the ICO price and you will earn only very few dollars that it is really like mining as you said. I am almost at the brink of giving up but that should not be.

I will keep following the bounties campaign even though the results are not very good, everything will improve
later when the crypto market improves. If I invest, I have not dared because I have no experience in that.

For me, signature bounty campaign is the only campaign that I been participating since I had started few months back and I still haven't get any reward token so far since all the bounty campaigns that I had joined were all scam ICO's. However, my belief pushes me to continue to participate since I believe I could earn profit soon in this bounty campaign. Once I made a profit, I will use it to invest for a promising coin that I will be good for a long term investment. Mining is still better than bounties since they are already guaranteed to earn profit especially if they are mining btc unlike bounties where there is only 50% of assurance that a bounty hunter can be given reward tokens.

I dont know how to say but you may be right. In your country, how much is the minimum wage?

now it's hard to get a gift that can be beneficial in following it. It takes precision and patience to do it. Right now I still believe in gift as a place to invest.

we can see Bounties are profitable mostly in the bull market what all efforts we keep in bear market doing bounties tokens we can see in bull market spike in those token prices

I don't know where the author is, but I'm from Russia, the average salary throughout the country in the area of$ 500, in the capital, about 1.5 k$, but there are proud of where the salary is 200-300$

Technically bounties & Mining have big difference & it will be wrong to compare both. But in the funny sense your are quoting bounties are becoming like mining, yes the mining has been not profitable which it used to be in early days. Now due to competition the mining is not profitable for some coins but still there are few coins which gives reliable profits. Same hing is happening with the bounty campaigns because of competition & so many scam ICOs hunters efforts are going wasted as some time they are getting payments but sometimes not.

I will compare bounties to mining in reality, not the crypto type of mining. Sometimes you think there is gold in a particular place, you dig so deep and will not find any gold. Most times too, you do find the gold. That how bounties are becoming. You will believe in a project and chances of its success becomes 50 50.

Maybe it is hard to earn from bounty than mining but you cannot mine when you cannot afford the hardware for it. True that bounty sometimes not worth it because the reward has no value on the end of it and not even listed in exchange but we are pursuing joining bounty and finding good project that really work a hard work. Bounty is worth it when paying while you can mine small amount when you only have a minimum amount to buy it.

You are right bounty this day is becoming worthless due to the fact that it payments are almost half of what is expected she. It is convert to $ and at that tends to become time waisting but if you can add a little bit of trading then you stand a chance to make some extra profits in your trading.

In theory, both are the same. Use time and effort to make money but in reality it is completely different and unrelated. Bounty is poorer because there are so many people involved in bounty and bounty can not increase the amount of bonuses so the stake divided for each person will be much less. In mining, you will always receive a fixed reward from your GPUs

I'm going with trading option.. because I don't see the future in bounties.....

It remains only to hope, a lot of time is spent on this generosity and does not want to give up hope that soon everything will improve again

yes, bounty now is indeed a concern because the results can be very little or even more difficult even if we are unlucky we don't get paid at all because the ico does not pay it

Bounty can be so tiring and it might seem as if the reward does not justify the work done, but i noticed that some aspects of bounty are the ones that seem unjustifiable, due to the increase in the number of participants. You would noticed that the rate of influx of people into social media bounty is now much more than what we had some years or months ago. Nonetheless, there are other aspects that are still very profitable. Just discover those areas and increase your skill.

I have observe that one too mate but we have to improvised in order for us to be profitable or we may say that our stay here in crypto is profitable. We may do both trading/bounty so to maximize our gain if ever given the chance. Don't just rely on one aspect of this trade.

Bounties have become so much tedious and they paid less compare to your time and work, therefore, it's better to combine trading with bounties to have a good rewards.

I said this from the start. Mining will die and human work and staking coins will be the new mining and passive income. Get in while the game is still hot!

Bounties are profitable if you do your job and do it correctly. You should be participating in as many bounties as you can, but ensure that you only spend your time working with really good and promising projects

Bounty is poorer because there are so many people involved in bounty and bounty can not increase the amount of bonuses so the stake divided for each person will be much less.

Yes, with the advent of the big popularity of bounty campaigns, many people wishing to earn due to which the earnings from the campaigns decreased

for now I am trying to stay on the bounty, and I have also started trading, so I do these two things, hoping that a Bounty time will improve again.

That's right, as many beginners enter the Crypto world and start plunging into the Bounty Campaign. Cause a lot of bounty campaigns, like indeed mining. Maybe beginners think it's a good way for us to Crypto for free just by taking the time for the Bounty Campaign.

 Bounty is not like mining and they have nothing similar. Mining require strong computer power which costs a lot of money to mine coins and get rewards, bounty only require an online device and it's much easier than mining. I still stay with bounty since there are still good bounty campaigns to join.

seems like that would happen if bounty campaigns will continue like this. unlike the old times, where bounty campaigns are really good, and you would expect less shit campaign, the old times where bounty campaigns are very promising.