Bitcoin Forum

Well, i don't know what we would feel but i think the blockchain space is a faithful one, especially when it comes to bounty hunting. There are jubilant scenes in mtcn group regarding the recent upturn in price of token; with hunters getting reward for a work done since 2018. For some who believed in the project, it was a huge cashout.

It seems despite the gloom and appearance of scam projects, Bounty can be worth it if we join the right project

Of course Blockchain is very trustworthy to us especially when it come to grace. It is very difficult for people who start a company to find capital and for investors to invest in them. But these tasks can be done very easily through this Blockchain with utmost fidelity and very skillfully.

Blockchain is a very big topic and crypto is just a part of it and one of the most successful field in using blockchain technology.But bounty hunting is not really worth at the moment in the time you can learn lot other things in crypto field and make huge money compared to bounty hunting.

This technology is the solution to many problems that individuals, companies, and businesses face. Blockchain can solve transaction fees, and speed everything up from their respective systems. It's just a matter of understanding the risk, and if it's compatible with their existing API, etc. There's a project by NEM that helps smooths business friction (https://symbolplatform.com/), increasing the flow of data and innovation to supercharge the creation, exchange and protection of assets. XYM (their token) will surely be valuable as they progress, it's hard to not to believe in them too since NEM is successful in its own terms.

You are talking about reward not blockchain projects. Even though there are numerous scam but there is still some that will pay you no matter how small it is. The only difference is that there are higher success rate in bounty then than now. Also I make sure I still keep in touch with the social platforms of some of the inactive token I have in my wallet to see if they have been listed. 4th pillar is one of them that takes years to get listed on exchange

One thing I love about crypto is having a visible blockchain that cannot tell a lie. It documents everything. It will tell you your past transaction, you can also spy someone's wallet address.

We do need faithfulness among blockchain community to create a positive vibe towards cryptocurrency. The community needs to unite for long term adoption of crypto. Blockchain itself is supposed to be a trustless in nature. i.e. they would work on their way and people don't need to trust any party as the transaction once broadcaster would not be reversible or influenced by any middlemen. We should further bring that spirit to bounty distribution using smart contracts to make everything more predictable.

Blockchain is designed, to be honest, and transparent, only those greedy people were using the revolutionary technology to gain monetary benefits for themselves and speaking of the Multiven bounty campaign honestly I regret about my MTCN reward because I was sold it for just 0.013 cents in 2019. I never expected to pump and reach the MTCN price up to 0.60 cents but it's too late already and it will never be reversed again so we must move on.  

I don't understand the description of blockchain and being faithful. Isn't it a term be used for the character of a person and how he's loyal to a thing or a person or supreme being? There's a confusion the way you have described blockchain and bounties.
These two are not one, bounties are the promotions and marketing used by the projects. While the projects, they are the ones that creates cryptocurrency running it on the blockchain network.

Particularly the ones who hold their tokens in which the price goes up more than 200x, it must be worth being faithful.  There are just few of them that aren't scams from the projects promoted since the start of 2018. I can still check the project that I tried joining and the website are still there but the team announced they are working on it. 

Yeah some projects from 2018 that have successfully launched their products and services are now enjoying the bulls for example, swissborg and synthetix network are doing really well since their platform release i hope people holding from ico will be happy now that is why selecting good project is of vital importance.

Blockchain system is indeed faithful, but for projects not all are faithful, if you are a bounty hunter certainly know,
many crypto currency projects that end up not paying participants, this not faithful

There is no correlation between the said project and how faithful Blockchain is; the transparency of the project is commendable, for so long they have kept the project working till now. The problem with some projects that stay long are those that needed partnership but couldn't get the link. Am still hopeful for some good project around this industry that have long conducted their ICO, many of them are waiting for partnership from existing companies. Hope to see many bounty project s pay their hunters awesomely when they find the right partners.

Yes it's faithful not only to bounty hunters but also to investors. Somehow taking some risk to buy some low cap cooks might be profitable but it's a big gamble. But it's worth it. Overall you don't have to give up on any project because the dead can rise again. That's one of the faitfullness of the blockchain.

While I can see some truth in that I find it difficult to believe that even now Bounties are even worth it. There are simply not enough projects to even be selective enough about which ones might be successful. This may change in the future but it just seems to me that bounty hunter have reached their end.

I don't understand what you are trying to say here, blockchain is the technology behind those projects, and what do you mean by faithful?

Bounty hunting is different though, for majority of you guys, it seems that it is some kind of a 'job' to earn some tokens for participating. But there are greater risk because you don't know if it will be a success or not. So it really depends on the project you join, if you got lucky then you will get a huge reward, but if not then all you effort is wasted.

That is, if you find a project that it is worth to join because majority of bounty today are either scam or the project doesn't have a real life usage or the people behind are just going to use it as a pump and dump, so eventually it will die after the boom and bust cycle. I'm not familiar with the project that you are talking about, but if you find success then good for you.

I don't get the relation between blockchain, bounty hunting, and the pump of MTCN that you have mentioned, or am I missing something?
Anyway, a lot of similar projects have pumped a year or two after the distribution, but It doesn't have to do with blockchain being transparent or faithful as you say.
Lastly, even legit projects could fail at some point. Therefore bounty hunting bears a lot of risk, and consider yourself lucky If you have cashed out tokens which valued 5-10 times before during the time it was listed for trading.

Exactly, But finding the right project is really hard , even project who had successful Crowd funding eventually few year later the project is already neglected and their coins valuation is dump.

Yes,It always depend on bounty campaign you joined. I always sell my token which i earn on bounty campaign, lucky for you if you had hodl and earn a lot from it.But a lot of project always failed the project should have good usecase and competence on other project to be successful.

that's the point, you have to find and review every project that you want to join or it will end up in vain.
although sometimes the projects that we review or research also fail, at least you have raised opportunities to avoid scams, rather than just joining in and not doing research first.

Exactly, if you able to do your research and participate with project that have good teams behind, opportunities is opened to grab a better rewards. Even it take time and seems impossible but due to progressiveness of the team, it's worth the wait. Taking time spending with your understanding with the plans and target venue of business helps you to pick the right project to participate.

This is the first time I've heard of such a project, but if the payouts are really decent, it's very cool. But to remove the rose-colored glasses, I would like to say that there are actually only a few such projects.

That is actually true there are plenty of projects that were so good durinng first year of its run but eventually fell of in its succeeding years of existing. I don't really get it why, instead of keeping the progress and developing into something we can further use in the future, they seem to stagnant and not striving at all.

It is too difficult to assess new projects this year. This year I saw a lot of good and potential projects, but in the end the project failed and became a scam.

Blockchain itself is the most secure innovation. Blockchain offers capacity to us, through our PCs that store and check exchanges. These are known as hubs. For whatever length of time that the lion's share measure of registering power inside a blockchain is 'straightforward' at that point. it is altogether protected and can't be controlled or hacked.

I think you are talking about the bounty project and not the project that you mean about Blokchain. but related to blokchain I think this is a sophisticated technology which will certainly be loyal, especially for future revolutionary era. I don't really know about MTCN projects or tokens, and the point is that not all bad projects will end with fraud and vice versa.

I think you have mixed it up; it did not take 2 years to distribute rewards; rewards were sent after bounty; instead it took 2 years to have a tradeable, profitable price for both investors and hodlers in particular. Another peculiar example is the invox bounty; trading at a valuable price today after about 2 years. The blockchain always win.

Right! It means the reward was sent to bounty hunters after the campaign. However, the value at that time wasn't good enough until 2 years later. After 2 years, the coins got to an expected price that can bring profits. As a bounty hunter, I usually hold those tokens that are distributed for me after the campaigns until it gets to an expected price then I will sell. I don't usually sell the tokens immediately because it hardly bring much profits.

Yes. It feels different to the golden era. All get in accordance with the work and even more and ho knows what made it like this. I hope the developers have a clear concept, product and commitment after their campaign is over. We all know Bounthy Hunter  include having a stake in the promotion and development of a project.

Believe me, it is very easy to access good projects and project full of potentials, all that is required is the willingness to find informatiion, and justify reasons for joining a bounty.
If we scroll through projects this year, from tachyon protocol, to hybrix, to oikos, to dai, to hackenai, you will realize that good projects are there to be taken. it is only left for us as individuals to find the right source, information, facts and get into it.

Five or six projects for thousands of bounty hunters throughout the year is not going to be enough.Even if they found people may not join on those due to very little rewards while comparing it with past years rewards.

if the related project takes up to 2 years to distribute the token I think the project failed to promote the launch of the token, in other words the related token still has hope for the next 2 years to be able to reach a predetermined price, but it can be said that teamwork has not been maximized because the team still unable to attract investors for a short time during the prize campaign.

Sure, bounty does worth it, alot of bounty hunters cash out big with Mtcn bounty, and recently there was several rewards been sent to hunters that also fetch hunters good cash. I will encourage everybody not to give up on bounty, bounty is still paying.

Good enthusiasm, but to "pay" depends on the project that holds bounty, sometimes if unlucky there is a successful project that holds IEO for example, but when it's time bounty distribution they refuse to pay, now there are indeed some promising bounties but it seems we have to be a little careful.

It's a very relative topic to say whether it's correct or not and I particularly believe in variety and timing. There are times that the bountys are scarce and that the projects don't develop completely or stop encouraging marketing. In my opinion it will not be long before this system changes and a new idea appears to revolutionize the bounty system.

Yes i agree with you, most times Bounty hunters are usually left with 2 options, dump or hodl. I believe it depends on how much you researched about the project. Some project deserves instant dump while you need to hodl few tokens until its price peaked before selling

Indeed, the world of blockchain is requiring patience from investors of cryptocurrency.
We won't get the profit if we not trusting the project and hold the coin. That's why we should do some series of research on the project we want to invest so we will be able to trust and hold the coin.

I also see Blockchain from the past until now it is still very good to use and there are still projects that use Blockchain for now but it doesn't look as much as before, the current project only follows the current method using Defi, in my Opinion not sure that the project that joined Defi will be better than Blockchain. I believe projects that use Blockchain will be better in the future than others.

The bulk chain is, of course, for the Faith Full transaction.The bulk chain's network definition  cannot be provided so easily.It's a big world.Bitcoin's transaction system depends on this block chain .So the block chain must be built through a strong network.And I think it's safe enough to transact here.

I certainly think the blockchain medium is a credible medium. I have been using blockchain for a long time. The blockchain medium is really very reliable and secure. So I think you can use blockchain for bounty.

Yes you are right, the blockchain is a safe environment for everyone of us. And it is reliable, secure and capable to accomodate everyone in the world. But you need to also that the blockchain is only safe, if you keep your wallet, keys, phrases safe. This is why it is often repeated to keep your private details away from the third party.all the time.

Some of th might be legit but most of them are scam. One thing to do is to make sure you are joining a legit one. What I want to say is, check whether the proejct itself could list on an exchange and can be verified. For mex my campaign is good since they already assure the listing, the only concern now is the distribution process whether they will deny it or not.

faithful for whom ? bounties ?  lol  .  no there are different .  a bounty is based on crypto and cryptos were running on blockchains.  you cant say blockchain are faithful because its already been there and it wont be remove as long as there is still people uses them . 

not all bounties can be faithul because some wont pay , and also not all who joined the bounty can be faithful too because some will leave early  .

You seem to get something wrong with the whole Defi ecosystem; Defi isn't existing on its own. It is an evolutionary name for most blockchain tokens, as the blockchain network grows more names would be associated with the development, that's what Defi in this stage represents. It is not as if Defi just came to existence and Blockchain is fading gradually. In fact it is just like a topic in a subject (Blockchain).

It must be a miracle to have a project fulfil her obligations which was pending since 2018, I really don't know the project, but I commend the bounty hunters who didn't give upto on the project and the team for eventually fulfilling their promise. The truth is that most bounty hunters would have sold out if they were given the reward by 2018, but now they gained more as the value of the tokens are higher.

Yes, blockchain is a wallet that is very multifunctional and easy to use, there are only other things that we need that cannot be served on the blockchain, so we also need other media to support our work in crypto.

There hasn’t been anything wrong with Blockchain, it’s people that create scam and bad projects, so nothing is wrong with the Blockchain, it has been good right from time. It’s up to us to decide the right project for us, as long as you look for the right projects and invest your time in themand work hard you’re not going to find yourself in any form of regrets.


Yes that’s right, most of the projects usually lose value after everything, and it’s like a normal thing for hunters now, they prefer to sell their own tokens and get their payment for the work and time they have invested in the project. Sometimes people try to blame hunters for a project falling, but that’s wrong because they are meant to do that and get their pay. Imagine they keep holding and the project falls, they will end up losing all their hard works.

Blockchain and bounty campaigns are two different things. Blockchain is a technology on how to store data information. Bounty campaigns is a form of marketing on how to promote blockchain startups  :). Not every startup is credible and faithful even it uses the blockchain technology :).

Blockchain is faithful certain but your analysis about it on bounty hunters is not really the way it is. Since 2018, hunters have been scam and with very low worth of token except for this year as the beginning of light. Blockchain being faithful is in the area of transparency.

Yes. Indeed, with crypto being hunted down by the masses, scammers will emerge. I think this is normal. Not only in the crypto world, maybe many other businesses have experienced the same thing. But not all new cryptos are scams, so they have great potential for the future. I think 10 out of 100 are still really serious about managing their projects. And the team is really good.

On this note, i think that yes there have been several fraudulent activities in the crypto currency and bounty world. And also, hunters and inbvestors have been scammed. But do you know that as an hunter, if you conclude your due diligence before joining each and every bounty, you stand a chance to do rewarding bounties atleast 7 out of 10 times ??

Well, there are surely some bounties that get back, I remember back in the day someone created a bitcoin gold or something, and it wasn't the new hard forks or anything, it was seriously old, like 2014 or so and there was a reddit subreddit and they requested me to do some doodle type graphic for their subreddit so it could be put there, I did and I didn't get paid at all because it went under, by around 2016 or so someone else took over the project and they paid me a reaaaally good amount of it as a back payment because I didn't get paid, so they didn't forget what the owner of that time did and when they took over they did paid me.

So, as you can see there are projects like that which will remember the bounty hunters, but it is not all of them and do not hope for all projects to be like that.