Bitcoin Forum

At this thread https://bitcointalk.org/index.php?topic=5235688.0 the OP assume (no evidence provided) that 90% of bounty campaigns are scam. Most of comments agree with OP but there are still against opinions. Why we don't create a statistical table of bounty campaigns run on Bitcointalk to see the truth? Honestly I'm not good at mathematical statistics and don't know how to start with it, but some of you can do that. Guess that you will have free time to do that when you stay at home because of the virus ( i don't want to talk about it anymore).  A table like that will stop the debate and maybe we will have some solutions for bounty campaigns, such as if a bounty manager had  90% of his campaigns scam, we put negative trust on him and call people don't join his campaign. not work.

Or what about we stop joining any campaign which has not escrowed the payment or hired a very reputed manager? That would be more easier than what you talked. If someone tags the scam bounty manager, people will still join their campaign. You can never resist them from that. That's what I am watching for this long time. Bounty hunters never consider anything. They blindly join on all the campaign.

I do, you do but many people don't. At this time i only join one campaign that i trust. You know that, someone join as much campaigns as they can and when they are not paid, they yell everywhere every time about it.
You're right. I just rethink that my suggestion will not work.

I agree about the statement that bounties should be escrowed and managed by a reputable bounty manager, however some team or project owners want to have to their bounty managed by themselves hence, it is really hard and there is no rules about it that it should be managed by a known one, well, campaign manager such as julerz always have the bounty escrowed but still we will never know if the project will succeed until the end of campaign, we might get paid but it is not an assurance of earning even a little until we see that it is listed to any exchange whether good or bad one.

I don't think I will create a statistics table unless you do it myself and I don't think I need statistics either because we see https://bitcointalk.org/index.php?board=238.0 then we can see directly if there are too many now. scam project

I don't like it when bounty managers are the ones being pinned with all the blame of bounty failure.
That is not cool at all.

Scammers can be so good that you won't even realize it.
If you are a veteran here you will understand it.
There are a lot of users here who have been a victim of a lot of scams that looks so perfect without any stain of an error.
Managers job is to keep the bounty hunters in a disciplined way which they would do their job in a right way.
They are not someone who is really a part of that ICO team.

Let us always consider that.
It is also our job as bounty hunters to dig deep into knowing if the ICO is a scam.

You got the point but that's why to learn more and keep their eyes in the awareness thread is a must. The majority of those who are joining in the campaign as much as they can just try to bet on their luck. This mostly happened with social media participants. The only thing that we can do just create more awareness.

His just voicing out his opinion and there is nothing wrong with that. 90% assuming isnt bad since he based it on his experienced but this will differ on each user on how they earn from certain campaigns. But your idea is also good gicing such statistic for potential rate. But the one who will make this should not be bias about his work. Also considered category on which campaigns he will rate cause there are lots of bounty in the past. Few takes, more are scams than legit. So I understand why the creator of that post said so.

We dont need an statistics for bounties we have here. Even those project that listed in exchange can be considered scam if they leave the project without development make after they collected the money and they only do is to list that token's in that exchange?
We cant call it as scam since its tradeable but its already a scam base on what they do to a project becuase they do not have any supporters even the project dont give any updates for the roadmap and leavinf it empty and tradeable.

Guy we don't need a list failed projects, I won't do that because it's a complete waste of time to list scam or fake projects, there are too many scam projects on here and that's undeniable because many are aware of this

Your idea will work if everyone are willing to cooperate especially the tool creator who can create the said tool, the forum moderators, the project owners, the bounty hunters and the investors. They are the most important individuals in every project but this is not a simple job and not easy to get approve because if it will be simple then there is already a tool or a thread that will purely guide all the bounty participants on what to join and on what to avoid.

There are projects that became successful but in the end they end up scamming the money of the investors the same with the bounty participants so if we really want to report or take out those scammers we need to unite and do something that cannot be penetrated by the scammers.

Sorry there is no solution to bounty campaigns presently and if you are tired of not getting paid try to look for escrow paying platform like bountyhive, you will always get paid but there will be same delays like bounties on here

Anyone can create this spreadsheet and calculate it nut it will be a herculean task I'm sure more than 200 bounty campaigns are running currently on bitcointalk this will take weeks if notonths to compile and what will be the basis for judging these campaigns?

Affraid of not getting paid is not the problem its about the payment worth after the campaign.
There are also many campaign that paid thier particiants but its harder for them to list it in exchange.because of low raised money they recive and they dont want to use that money for listing so it will end like a nonsense token without value even you have it on your wallet.

For now, I am joining the most reputable bounty manager campaign. I think its a better way to avoid scam bounty. But the arguments you are talking about will not give any solution to anything. There was scam bounty there will be scam bounty so why don't we just focus on how to improve the system so that it will be easy for bounty hunters to recognized scam bounty.

That's right, and it will be very clear that the problem is tired of not being paid after participating in the campaign, because hunters have wasted their time promoting the campaign, so they will feel tired when not paid at the right time.

for what reason?do you know that even someone will exceed effort doing this there is no compensation he will get as reward?

And besides there are Tons of advises to be careful joining Bounties or many are saying stop joining because you are only giving scammers a chance to victimized others.

imagine the more bounty hunters join them is the advantage of them creating scams over and over.
these people are the same scammers whos never stop doing one scam until there are Hunters that willing to participate.

I agree with the submission. Most of the bounties are a scam, is either some never pay hunters or just list and dump all and move on to create another project to scam people. Can anyone here really boast of about 10 or more bounties they participated in and are still profitable in the market or worth still holding?

I agree that 90% of the bonuses are fraudulent because I have my own project statistics table, although I have a fairly careful selection of projects. I believe that with hundreds of other bullshit projects the number could be greater than 90%.

To me it's more than 90% and it's becoming more difficult to analyse or chose the one that might perform well. Either they don't pay or slash the allocation or lock token till reward becomes worthless and then blame bounty hunters.
And projects are starting to show their true form since the beginning of this Corona ish.

Agree, it will frustrate the bounty hunters because they don't get the same amount of money on time. Projects need to be serious and follow the roadmap so people can respect their projects

90% is exaggerated but yes, there is plenty of scam bounty campaigns. Sometimes, they just simply change the reward payment at the end of the bounty without any specific reason.
Now, I know bounty campaign tend to change the rules when it ongoing but it leaves a bad taste in everyone has joined the campaign.

As a lover of math and science, based on the experience of the poster, Rimueng, there's no hardly any evidence towards that 90% is the actual thing. It should have sufficient evidence to be factual about that.

There are a couple of reasons that he might have said that.

• Cryptocurrency has been a "scam" place where the pseudo-anonymous part of that is a criminals friend
• He experienced a scam with bounty campaigns
• It's already overpopulated with scam projects

It may be possible that there are still decent projects. Just imagine, would you still call it a scam if you receive the token? I don't think so. It's the value of the token that matters right, but the project could have been still positive.

You literally have no way of listing all the bounties and finding them scam, actually it will be hard to filter the scams because like I said all the times, there are a lot of ways of scam in altcoin market which you never can realize even.

it is indeed difficult to find projects that are truly quality, sometimes we are stuck with their seemingly perfect whitepappers. but for me right now I still choose to invest in coins that are trusted. carrying out the bounty just to fill the time alone, and put luck without expecting more

I respect that opinion. Also, as far as I reckon with what you said, I can assure you that it is never going to be an easy job. Whoever does it need to be well compensated because, he would have to spend a lot of time and energy on it, aside from other things that may not be mentioned.
See, there are lots of bounty campaigns on this forum, both past and present and it is a long history.
I would suggest you also learn how to do it. Learning the process is not difficult and there are different statistical methods that can be applied. Doing the job itself is the real work.

I think the awareness is getting stronger and most of the scamming bounty BM are being tagged. I think they can even get a permanent ban for those BM's who have always been found to run scam project.

I also see that high ranked officers don't join such bounty which is nice to pull the traffic down.

• Sometimes, the project and the bounty campaign are initially good and promising, but in an unfavorable market situation some will make the project fail. So that it creates drama in the campaign, such as allocation cut, distribution delayed, reward locked, etc.
• There are also projects and campaigns that look normal or less profitable but are able to adapt and get a positive response so that it provides many benefits.
• And the worst thing is that there are projects and bounty campaigns that have aimed to commit fraud from the beginning.

Well, based on these facts, it's quite difficult to make a statistic, too many aspects that need to be detailed. In these circumstances, we should realize that there are indeed more "less profitable" bounty campaigns. We must realize that this is not the same as before, so do not waste your time and energy. Prioritizing quality over quantity.
And when you have decided to join a campaign, you must be prepared to accept all the risks, be an educated bounty hunter.

I do not understand why people keep complaining about bounty campaigns. Just ask yourself what makes bounty so successful then ICOs, but how many successful ICOs can you can't this year alone, maybe 2 or 3. So if we only have this small numbers, why the complain again, if you need bounty money, pray that the era of ICO boom should return again

You're right, sometimes we get stuck in the whitepaper of new projects. Their ideas are great and there are large investors to help them implement that idea. But unfortunately, after the end of the ICO or IEO, those projects became scam projects and they completely disappeared along with the entire amount of investors, it's hard to identify the projects scam

Sounds like cool idea but no one wants to do this hard job

but at least there are still 10% that prove that they hold the bounty honestly and provide wages according to what we do. although there are some that I follow late in distributing tokens that were promised or late in emlisting in the market. actually there are still lots of honest bounties so everything is in our hands to determine whether the bounties that we follow will provide definite benefits at the end of the campaign later.