Bitcoin Forum

If you may wonder why is this called part two, here's the first one: https://bitcointalk.org/index.php?topic=5107604

Situation: This one focused on ICOs/startups who have been active for a long while, but......

After the ICO ended.....

Admin: Congratulations everyone! We have succeeded in reaching the hard cap! Time to rejoice! We would like to inform everyone that your tokens will be distributed within 30 days!
Bounty Hunter: Yes I'm excited!

After a month.....

Admin: Congrats everyone! All tokens are distributed to investors and bounty hunters. Stay tuned for next update!
Bounty Hunter: Amazing! Good job! Hopefully that the next update will be exchange listing! Woohoo!!!!

After another month....

Admin: Our MVP/product is now in the works! You can see the screenshot of our progress here [screenshot shown]. Stay tuned for our next update!
Bounty Hunter: Oh wow that's amazing! Hopefully the next update will be exchange listing this time! Go go go guys!

After another month.....

Admin: Guess what guys! We have partnered with XYZ company who will help us improve our platform by adding extra security features that would protect our platform from getting compromised by hackers or intruders. Stay tuned for our next update!
Bounty Hunter: That's great admin. Great progress you have there! Can we do exchange listing this time?

After another month.....

Admin: Good news everyone!
Bounty Hunter: Admin, what is it? A new exchange?
Admin: We have a new advisor on board!
Bounty Hunter: Okay, but admin when are you planning to get the token listed.
Admin: For now, exchange discussion until further notice is prohibited for legal reasons. Anyone who violated will get banned immediately.
Bounty Hunter: (sigh) Okay, looks like we have no choice but to wait.

After 2 months....

Admin: Exciting announcement everyone!
Bounty Hunter: Is this really the one we've been waiting for? (hoping for exchange)
Admin: Our product is now available to download on Android and iOs! Try it out guys!
Bounty Hunter: (tries out the product and still bored, still thinking when will they going to be on the exchange)

After another 2 months.....

Admin: You see guys! We aren't going anywhere! We are in great progress! Today, we just launched our very own (ICO Name) forum! Now everyone can participate and discuss related to our product! Any feedback will be appreciated.
Bounty Hunter: (I don't care, still our token has no value. The next shitcoin in the list! Dammit! My efforts are totally wasted!)

After another 6 months.....

Admin: Another good news to the whole community!
Bounty Hunter: (not in a good mood and ain't excited at all)
Admin: For those of you who have stick with us for a long while, thank you so much for supporting! As we have finished processing our legal procedures, this is what most of you are waiting for!
Bounty Hunter: Okay admin, get straight to the point please!
Admin: We would like to inform you all that we have reached out to an exchange who can list our token in a month from now! We will reveal to you the name of the exchange that our token will get listed. I hope this will make you all excited after a long wait! Stay tuned!
Bounty Hunter: After more than a year of waiting, this is really is it! I can't wait (feels excited once again).

After a month.....

Admin: As promised, we will reveal to you the exchange that our token will listed.
Bounty Hunter: What exchange, admin? Please reveal it to us now! We're so excited!!!
Admin: Forkdelta!!!!
Bounty Hunter: WHAAAAAAAAAATTTTTTT? (gets angry to the admin)
Admin: (kicks out and ban bounty hunter from their official Telegram group)

In the end, as this tokens got listed token in Forkdelta, there are only huge sell walls, buy wall is empty and zero trading volume. Ended up a shitcoin.

To summarize this scenario, from the beginning of the ICO until the end, the bounty hunter waited 15 months for them to get listed on a shitty exchange? LOL.

I can sense that some of the bounty programs that I've joined would possibly end up like this scenario (or even worse than that). But I could be wrong. Let's just hope that past, present and upcoming projects wouldn't be doing this kind of scenario.

LOL. The regular type of bounty hunter tries to survive in the wild ICO world. ICO managers need to re-check the participants of bounty campaigns before accepting the bounty campaign.

That you want when every project is a scam. Well, not everyone. But there are so many of them that you cannot deduct them from here by any filter. Normal story when 5 thousand people take part in the bonus program. And everyone wants to know what is happening) And everyone is accustomed to asking on the line. This is their job.  ;D

I think he doesn't want anything  ;D  ,just complains about the heavy bounty hunter share.It's a bad trend,but on the forum I think everyone has a similar story or several stories.

This is why it's always better to join very popular  bounties project or even coins Or tokens that are already listed on exchanges, I don't get carried away by bounties that offers huge rewards,many I've seen in past are just shitty coins 

You are quite funny, i wish it was possible to know the future of some coins, it would have been lot easier, after the wait, this is what we get, they really don't have conscience, i think before participating, we need make it mandatory for these projects to first tell the public the exchange they plan to list on or else, we will rubbish the project to the public.

It's really heartbreaking with the scenario, a lesson for us to be able to look ahead, forget and leave useless shitcoin.
Think positive for the future and find a quality project with a responsible team.

Unfortunately, I have this kind of experience of my first bounty last year. Until now, I cannot do anything with the coins.
Well, only wait for a long moment again without a certain expectation.
This experience really gives me a lesson of why we must be more and more careful in choosing the right bounty.
Bounty for promoting an ICO must be the right one. By analyzing the ICO, team, and also their roadmap, we can predict how long they will be.
Sometimes, the bounty program with BTC or ETH payment is much much better.  ;D :) :)

that would be good but it's rare to see a bounty campaign paying in btc or eth, it's fine for me if they pay in altcoins but the coin should have a good volume and also we need more bounty campaign with escrow to ensure the payment of bounty hunters, most of the time the admin just disappear.

That's why I only join on Signature Campaign that pays BTC, joining on some campaigns that no guarantee if it become successful or not is worst than riding a roller coaster. you will not now the project has failed until so many months of waiting and when finally you see that they listed on exchanges the cost of thousands of coins in your wallet is only $2.

Never joined bounties during my stay in this forum, I usually like signature campaigns, at least your hard work is getting paid weekly. Unlike bounties wherein it's a gamble and you don't know when the coins are going to be listed and when are bounties gonna pay you.

As OP has put it, 2018 up to present, it's hard to earn big in bounties because you don't know when you are getting paid, and when you are paid, what will be the price of each token once listed. I heard that bounty hunters usually dump the coins once it get listed, so if you are late then you will just be receiving dust amounts for all the months of hard work.

Professional bounty hunter nowadays are just feigning indifference whether projects pay or not, reach their hardcap or not. They are too much exposed and experienced on bounty, in that case. They do no feel any much regret and hate whether the project scam them.

But the professional yet, responsible bounty hunter will going to take back all the market he has made, push the project down and do not tolerate such fraud projects in the market.

That is the common scenario on bounty campaign, the team are always active "updating" good news to the group and seems like everything are approaching to success, but after a couple of months they are silently missing with the money and fund they collected. IEO will be great soon if ICO will continue to get people's fund.

By far, you should now accept the fate of a bounty hunter and perhaps you missed all those bounties way back 2017 that indeed good and profitable ones. So now, even a promising ICO can't guarantee you that you will earn decently as they will have their alibis ready to its investors and bounty participants.

You should change your strategy, why not offee your skills ( if you have ) or you can look for crypto jobs related at reddit.
r/Jobs4Bitcoins
r/Jobs4Crypto

Just be careful with who you transact.

any project that has ever raised funds through ICO or any other similar method has been scam and their sole purpose has been to make a quick buck from this new unregulated market while things are still fresh and there is a lot of newbies who trust them easily.
as a result things like what OP is describing happens. there is no "product" not "project" no "company" no "developer",.... all there is are some dudes who want the easiest way of earning money.

Joining in the BTC pay signature campaign is very limited and there are only a few participants, so in my opinion there are still many good bounties there as long as we choose correctly.

About 95% of ICO campaigns I joined before. They make you wait for over a year for the token to get into an exchange arguing that getting to an exchange in a bear market is a bad strategy. Then when finally it gets into an exchange, they have chosen the worst exchange possible. Crap.

..this might be the worst scenario that takes place in all bounty programs..almost 97% of bounty programs that I 'd join before end up on this kind of situation,your hardworks are not worthy to gain profit..even worst,you're the one promoting the campaign just to scammed many people..how sad situation.. >:( >:(

...from now on,be wise enough in chosing your chosen bounty..only join campaign that pays in BTC to avoid being scammed..for this will guarantee you a legit bounty..

This is why I always say that we should boycott those bounty campaigns which refuse to pay in ETH or BTC. Anyway bounty pool represent just 1% or less of the total budget. And there is no harm in paying that small amount in Ether.

Bounty hunters see good earning only in the bull market remaining time would be waiting time i mean holding of coins and working with patience but in past, they have seen handsome profits in past bull run hope so the same happens again

The projects turned to bouny hunters to a monkey! In last 1 year i have never seen that a bounty Project keeps their promises, never! They would always be late and they usually tell lies  to us. Also More than %95 bounty coins turned as rubbish and they have no values. Unfortunately the bounty hunting has finished with the bad and Scam ICO's..

Hahahaha.. Most of the bounty I have joined, like 90% has ended up as this scenario depicted. The poster really did justice to the drama. Hunters are great individuals with so much patience and I believe no matter what, good will surely come to them in life, bounty or no bounty.

Relate dude but I only complain if there are no exchange listing. Of course as a bounty hunter that invested time I want to get something whatever the amount is. Thats why we have to ensure that we observe the peoject first or do a research about it to lessen the risk of wasting our genuine time. Once bullrun starts, ICO season will start as well just like IEOs did.

To be honest, I have been through this kind of situation where I just got tired of waiting. I thought good things come to those who are willing to wait but not at some point. Some Ico's are really disappointing and ends up with the usual thing and the same scenario. I realized that bounty hunting is composed of 40%effort and 60% patience.

I'm not sure what you expected to happen here. When you got involved in a shitcoin campaign then you should be prepared for such 'shittery'.

The worse you can do to them is expose them and their names WHILE they are backtracking from one promise to another. If an organization can't pay the people that have raised money for them then they are not to be trusted with anything.

Yeah! Familiar script. I have been in similar stories several times. At the same time, I always carefully studied the project, relied on feedback and evaluation. But, unfortunately, this is also not always enough.

Indeed, like a monkey that told to work then they only give a few bananas for him as a gift of his hard work. the most fortunate thing is to receive payments on time, even though the tokens and coins that they provide have no price. It's a temporary pleasure when we receive it.

Actually they are not working professionals waiting until one year only to enter a small exchange and not crowded visitors this really makes me disappointed.

Lol i can really relate.

After waiting two years getting listed on an exchange has 100$ daily volume. And they say ico raised 40m, 30m 20m $ :)

OP statement really made me laugh but in a way I can relate and probably  most of the bounty hunters here.  They looked down bounty hunters since they think they are the one who dumped and made the token price crash, but did they know that bounty hunters were one of those who works hard and contributes to the success of an ICO?  Oh well, for a bounty hunter, it is really a gamble to join an ICO.  Like sometimes you hit a jackpot and most of the time you get nothing.

For one and a half years of participation in the Bounty company, half paid tokens to their sites, which later turned off, and the second half blocked the tokens.  I'm not talking about those who do not give any information about the distribution of tokens.

You got it perfectly well as though it has happened to you over and over again, the problem about bounty is that it is by trial and error, that way it can't be taken as a source of living because you might end up being disappointed, bounty is a very good thing but it is very difficult to detect which project is going to pay out at the end of everything because most project are out there not to create something new for the investors, but to find ways to enrich their pocket and make away with people's hard earned money.

actually waiting too long is indeed quite boring. but of course we must be sure of our waiting. that our waiting will not be in vain. because everything is fully expected. even though we have to wait, we do it first.

We must understand why we are waiting, believing that the project will bring something is very important, many projects who let their Hunters to wait just died naturally after hitting the exchange or most of them didn't get the chance to hit and be traded after.

Same here, I don’t bother myself in participating in projects that are on presale, this is common to people who participate during presale or bounty hunters, at least, the fate of the coin would have been decided after ICO, so I watch out for the exchange they are being listed on before I invest. I am not in a hurry to make the quick money.

Those who are even  rushing into presale, we have had so many stories of coins value even going  lower than the  pre ICO price, so what is then the difference between an investor that purchased the token during presale and the one that purchased after ICO if they still get it cheaper than presale.

I have experienced this situation countless times and I must say is a very terrible experience. They will use bounty hunters and treat them unfairly especially after campaigns. I hope their will be a positive change soon.

To factual, reading this got me laughing in my corner. Anyone who is stressed or frustrated due to some odd encounters, should take his time to read this and i am sure he will feel releaved.
It is hilarious and typical example of what is panning about some projects that i personal have seen.
Well, i also hope things get better. Although, i have seen some projects with different experience from what the OP has illustrated.

i can relate on it im so dissapointed before when this happen to me a lot of times
but now reading this make me laugh because i learn my lesson

Very familiar scenario. Well, everything indicates that the developers of the project are indifferent to the efforts of bounty hunters. The most important thing is to stretch the time as much as possible so that a lot of investors can invest in this product. Sometimes developers can freeze a project and close a group. But all ICO end that way. The time of truthful ICO has passed.

Actually laughing here now on my seat while im reading up that imaginary real-life conversation between Project Admin and the Bounty hunters.I do really agree that this is indeed happening on most bounters
where you do always ask out when the token would be listed after they have distributed it.It feels like you are just a beggar who do always keep on asking but most of those shitty admins will
just treat those people as if they arent the people who contributes on project sales success.It sucks but you cant do a thing thats why doing bounty nowadays is pure shit.

I wished this could be a story book, I would never stop reading, I just kept laughing on and on reading this, you got it right, this is what they do and this is how they keep us waiting for a very long term, the waiting would have even been worth it if they had entered a good exchange, but fork delta? This is where all shitcoins eventually end up.

I have lots of coin that I had so much high hopes on till those hopes became chattered after I saw them on fork delta, this is why I still prefer IEO for now, at least from the onset, we already know the exchanges they will be listed on before deciding to participate in such project.

Right. indeed many bounty hunters can hardly connect with the admin after the end of the ICO. even when we ask something about the distribution of prizes, the admin actually expels it.

That's just a poor decision compounded. Gotta pick and choose your battles and whatever you're referencing here was just a bad choice.

I agree with your opinion but bounty hunters are also guilty in the process IMO. They sell the distributed tokens if there is any chance. Even some bounty hunters sell over the counter on social media sites.

There are some waiting that can be very annoying, like the one the OP mentioned, why would an investor wait for so long, only for the coin to go enter an exchange that will never bring out a result.Is it not better to get scammed and one get over it than keeping people’s hope too high for long without give a tangible result at the end.

Any project that is really active and working should not take more than 3 to 6 months to enter an exchange, what were they doing while the campaign was going on? Just sitting down and monitoring the income coming in? if they had also used that period to do their research and settle lots of things before the campaign ends, then they should not have any delay in executing whatever they want to execute after project.

forkdelta isn't that bad when the token have price there.
the problem is when listed there and still no order buy then it would ended with scam project

You can only blame yourself for falling for it. Bounty hunters should demand being paid in BTC, ETH, or any other coin that is already out and tradable.
Allowing them to pay you in their shitcoin is already a big no and not knowing where it's going to be listed is another one. If you allow them to play you for months before anything gets done you are naive and deserve not getting anything out of it.

bounty campaigns does not pay in btc and eth . there is no one to blame here because bounty hunters are only joining a campaign in the hopes of earning some coin but they didnt also mean that the project that they have join is profitable of not because its also not easy to differentiate a project is legit or not . all bounty hunters have experience what other bounty hunters had experience including on the op so yeah we all can relate about it

They don't pay because you're not demanding it and instead are choosing to work for promises. I'm not even saying that it has to be BTC or ETH! It can be any coin that already is trading and you can see that it's there and you can see its value and market cap. If you keep working for promises they will keep screwing you over.

If you all have experienced it and can relate maybe it's time to change something because it shows how many scams exist in the space.

While I'm reading this, I can't stop myself from laughing because to be honest I have experienced this kind of scenario although it didn't took too long like the one the OP is posted which is 15 months of waiting :D.

Anyway, this is a life of a bounty hunter. Waiting for the tokens they worked hard and in the end, they came up with nothing. This is a normal scenario already for the bounty hunters and there is nothing we can do about it. The problem is there are some bounty hunters here that are doing bounty hunting as their job already so they are expecting too much about the reward and forgetting the fact that most of the ICO's right now are either scam, not paying or doesn't reach the soft cap.

One thing is clear, as a bounty hunter waiting will be part of your every day life, you wait for spreadsheet to be update with allocated tokens, you wait for the reward to be distributed, you then continue to wait for an exchange listing, and if the exchange is nothing to go by, you probably still continue to wait for a bit decent listing, when the waiting is getting too much some hunters just go dump their tokens for pennies, others continue to wait for a better price  ;D and hopefully their wait will yield a better result, it is definitely a long wait :(

Well I have managed numerous bounty campaigns and I know the pain which the admins and bounty managers have to go through as scams are everywhere right from the fake bounty participants and scam ICO's, those genuine projects who don't pay off the bounty hunters and I sense that there will be zero bounty participants if this trend continues and there should be certain regulations to start bounty.

Then that would be one long and boring story book.

Personally, I'd like to read about a story of a guy that becomes a millionaire by bounty hunting and then goes on to found his own company that changes the world in some way. Someone, with a 20 year vision for a product and not a 20 week vision.

As far as underdog stories go, that'd be the best of them all.

it is very funny, but it true, many projects dont paying, just saying soon - soon... or wait for good market, but why we need to wait? they gathering millions dollars and want to wait good market..

Yes. I have also experienced joining this kind of project and only ended as a scam. There are a lot sweet words at first that will make you expect to make good profits and after numerous months, you only realized that you ended up being scammed. This is the sad part of being bounty hunters. But i believed there are still some good projects that will pay their participants a good amount.

Many project which has ended like a scam , who knows even if you study the whitepaper it may not determine sometime.

We cannot blame only the bounty manager for that part, because the bounty managers was just like us, hunters, we can direct blame the team for it. For making and promising some false statement.

Bounty hunters get frustrated with all these issues, after working. During campaign, the team will appear all nice but after working for several weeks then they start acting up. This is really terrible but we just have to move on if such situation presents itself.

I think that you turned your attention to the fact that the bitcointalk forum had very little activity on the Bounty campaign.  If to compare with the state of affairs of 2016 and 2017, the activity was much more.  I associate this not only with the tightening of conditions on the forum, but also with deception in most Bounty companies.

All bounty hunters care for is wages for their promotion efforts. Bounty hunters should be restricted to useless comments on projects. Only high quality comments will be made.