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Author Topic: How to avoid bounty scams in bitcointalk  (Read 680 times)
Leonard2016
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May 11, 2018, 06:55:50 AM
 #41

That is a good Idea , I myself also check the ICO ranking on ICOBENCH , And check the rank of Bounty manager , Usually high ranked don't put themselves in trouble with scam bounties , Some of the good bounties get filled very soon , that is a good sign too!


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May 11, 2018, 11:27:22 AM
 #42

Seems logical, but it's impossible to succeed all the time with bounties, with signature campaigns too. I was a participant of couple of such campaigns that promise good terms and stable payments, but after a week they say 'we do not have founds' or something like that.  In general, the user can't protect himself from any kind of stuff that is happening on the forum.
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May 11, 2018, 01:13:36 PM
 #43

Seems logical, but it's impossible to succeed all the time with bounties, with signature campaigns too. I was a participant of couple of such campaigns that promise good terms and stable payments, but after a week they say 'we do not have founds' or something like that.  In general, the user can't protect himself from any kind of stuff that is happening on the forum.

I have experienced the same. Even though the bounty campaign seems legit, has a reputable manager, sometimes the ICO still can run off without paying anything. Nothing you can really do about it.



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Rainbot
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May 11, 2018, 07:14:53 PM
 #44

1. CHECK THE PROJECT - you need to do research about the bounty, the project team, the whitepaper because some might just copy and paste it, the advisors, roadmap, bounty pool and ofcourse the founder you need to be a good observer, check their background because sometimes by just merely observing and reading you will know right away if the bounty is a scam.
That's not the case always.You're just stereotyping the obvious things.Bounty can be turned into a scam even if all the details are legit.You can get white-papers written for as cheap as $10 bucks so considering it as a valid reason is not okay.

2. CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam, and it is really obvious if the bounty manager has a negative trust then surely he or she is scammer, one thing to consider also is the rank of the bounty manager the higher the rank the higher the legit factor, you can always do research here there are many list of legit and reliable bounty manager and the list of all bounty manager scammers.
Accounts can be bought in the forum and higher rank adds no credibility to the account unless they're backed by relevant feedbacks.This point is also useless as a good bounty manager may end up working for a bad project and visa-versa.

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I hate that term.Do you guys hail from a specific country where this term is often used to describe something ?
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May 12, 2018, 03:12:24 AM
 #45

In order to avoid bounty scams you need to consider 2 things:

1. CHECK THE PROJECT - you need to do research about the bounty, the project team, the whitepaper because some might just copy and paste it, the advisors, roadmap, bounty pool and ofcourse the founder you need to be a good observer, check their background because sometimes by just merely observing and reading you will know right away if the bounty is a scam.

2. CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam, and it is really obvious if the bounty manager has a negative trust then surely he or she is scammer, one thing to consider also is the rank of the bounty manager the higher the rank the higher the legit factor, you can always do research here there are many list of legit and reliable bounty manager and the list of all bounty manager scammers.


thank you for your kindness!
hope it helps!
more power!

I do completely agree with 1st point of check the project .
but regarding campaign manager rank in forum , then want to tell you something that i saw many good projects use service of full member rank manager , even some do manage bounty themselves so they have only junior member rank account .

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May 12, 2018, 03:15:41 AM
 #46

Seems logical, but it's impossible to succeed all the time with bounties, with signature campaigns too. I was a participant of couple of such campaigns that promise good terms and stable payments, but after a week they say 'we do not have founds' or something like that.  In general, the user can't protect himself from any kind of stuff that is happening on the forum.

I have experienced the same. Even though the bounty campaign seems legit, has a reputable manager, sometimes the ICO still can run off without paying anything. Nothing you can really do about it.

yes it can happen only in case where project team is not serious of their promises .
also if a project don't fulfill bounty campaign rewards then high chances it may scam its investors too , either they should not announce bounty or if they do then not to scam people who promote them for many months .

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May 13, 2018, 04:38:35 AM
 #47

Campaign managers play great role in ascertaining the authenticity of bounty programs for sure but that should not only be our basis of judgement. Some bounties are managed by coper members (Though am still struggling to understand what this means) and they turn out just fine. My formula have always remained to do my research about the project and its feasibility, find out if they already have a product and how far they have gone with it, check the team and other relevant information.
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May 13, 2018, 12:36:25 PM
 #48

In order to avoid bounty scams you need to consider 2 things:

1. CHECK THE PROJECT - you need to do research about the bounty, the project team, the whitepaper because some might just copy and paste it, the advisors, roadmap, bounty pool and ofcourse the founder you need to be a good observer, check their background because sometimes by just merely observing and reading you will know right away if the bounty is a scam.

2. CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam, and it is really obvious if the bounty manager has a negative trust then surely he or she is scammer, one thing to consider also is the rank of the bounty manager the higher the rank the higher the legit factor, you can always do research here there are many list of legit and reliable bounty manager and the list of all bounty manager scammers.


thank you for your kindness!
hope it helps!
more power!

I do completely agree with 1st point of check the project .
but regarding campaign manager rank in forum , then want to tell you something that i saw many good projects use service of full member rank manager , even some do manage bounty themselves so they have only junior member rank account.

What I am trying to say is the higher the rank the greater the responsibility. Say for example the bounty manager is legendary he won't risk his account as a legendary knowing that the campaign is a scam and he himself is a scammer. So if the bounty is being managed by a legendary you can't argue that it is not legit.

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May 13, 2018, 04:08:11 PM
 #49

In order to avoid bounty scams you need to consider 2 things:

1. CHECK THE PROJECT - you need to do research about the bounty, the project team, the whitepaper because some might just copy and paste it, the advisors, roadmap, bounty pool and ofcourse the founder you need to be a good observer, check their background because sometimes by just merely observing and reading you will know right away if the bounty is a scam.

2. CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam, and it is really obvious if the bounty manager has a negative trust then surely he or she is scammer, one thing to consider also is the rank of the bounty manager the higher the rank the higher the legit factor, you can always do research here there are many list of legit and reliable bounty manager and the list of all bounty manager scammers.


thank you for your kindness!
hope it helps!
more power!

I do completely agree with 1st point of check the project .
but regarding campaign manager rank in forum , then want to tell you something that i saw many good projects use service of full member rank manager , even some do manage bounty themselves so they have only junior member rank account.

What I am trying to say is the higher the rank the greater the responsibility. Say for example the bounty manager is legendary he won't risk his account as a legendary knowing that the campaign is a scam and he himself is a scammer. So if the bounty is being managed by a legendary you can't argue that it is not legit.
I dont want to spoil your beliefs but not only having a legendary account into this forum would already signifies legitimacy of a certain project. How about putting up consideration on checking those accounts if being sold or not? There are already instances into this forum where there are legendary accounts do handle out bounties but in the end it turn out to be scam. Always have the awareness and be sensible anytime if you do see suspicious acts.

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bL4nkcode
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May 13, 2018, 05:23:03 PM
Last edit: May 13, 2018, 05:36:06 PM by bL4nkcode
 #50

What I am trying to say is the higher the rank the greater the responsibility. Say for example the bounty manager is legendary he won't risk his account as a legendary knowing that the campaign is a scam and he himself is a scammer. So if the bounty is being managed by a legendary you can't argue that it is not legit.
I dont want to spoil your beliefs but not only having a legendary account into this forum would already signifies legitimacy of a certain project. How about putting up consideration on checking those accounts if being sold or not? There are already instances into this forum where there are legendary accounts do handle out bounties but in the end it turn out to be scam. Always have the awareness and be sensible anytime if you do see suspicious acts.
And in addition, even a so-called trusted campaign manager was hooked by a scam project and a scam bounty campaigns and his affected his rep and even pulled him down, just search about the issue of atriz.
That's why it's so important that you make a thorough research to the project you're wanting to join on their bounty campaigns or just choose a bounty manager that will not make your efforts into waste in promoting those guys.
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May 13, 2018, 08:23:48 PM
 #51

Campaign managers play great role in ascertaining the authenticity of bounty programs for sure but that should not only be our basis of judgement. Some bounties are managed by coper members (Though am still struggling to understand what this means) and they turn out just fine. My formula have always remained to do my research about the project and its feasibility, find out if they already have a product and how far they have gone with it, check the team and other relevant information.

I think that most managers don't care what campaign they are running. It's all about the money for them. Someone comes and tells them to manage a thread for money and they do it. They aren't responsible for the project because they aren't devs and can't know how it turns out. Check the dev team and the project, not only the manager, unless you want to promote scams.
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May 13, 2018, 10:31:11 PM
 #52

Seems logical, but it's impossible to succeed all the time with bounties, with signature campaigns too. I was a participant of couple of such campaigns that promise good terms and stable payments, but after a week they say 'we do not have founds' or something like that.  In general, the user can't protect himself from any kind of stuff that is happening on the forum.

I have experienced the same. Even though the bounty campaign seems legit, has a reputable manager, sometimes the ICO still can run off without paying anything. Nothing you can really do about it.
Yea is true even reputable manager and some other facts cannot stop scams I also participate in many ICO's with very good rating but many run away without any payment or update because they was just created for this purpose
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May 14, 2018, 12:10:27 AM
 #53

The best advice..

Since I entered the bitcointalk forum I have not yet had experience about the scam bounty campaign. If there's a new bounty campaign  before i apply i always check the thread and the project I am checking every detail that need a bounty and the most important who is the manager of this bounty.
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May 14, 2018, 09:18:57 AM
 #54

good talks in here


Rule number one, someone legit isn't hiding.

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May 14, 2018, 09:32:40 AM
 #55

I think project research is somewhat a pretty difficult thing to do especially because the bounty comes at a pretty early stage when even the pre-ico is months away so you have merely a white paper and website to judge the project which is often not enough. So I think the only best way to judge any campaign at such a stage is by taking consideration the campaign manager. Trusted campaign manager is in itself a guarantee that even if the campaign is less fruitful but it will not be a complete scam.
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May 14, 2018, 10:20:08 AM
 #56

Most of the troubles an be avoided if you paying attention to the manger. You should not show hurry to join a campaign as soon as you become eligible, wait for one to be started by a reputed manager.
Famous managers are not guaranteed to get a good bounty. we still have to analyze the performance of managers.
disappointed with one of the managers and he did a great cheating.
Yes I also believe that only believing on managers will not work. Sometimes it happen that a company come to hire a well reputable manager and then they escape away cheating with the community and with the manager too. Better option is that we research ourselves about the project and we see that how the experts rate this ICO if the ICO is just alien in the community then it is a doubtful and do not spend your time for that type of ICO.

Even with the best managers, what can they do if the project decides to scam and run? I have seen one of my favorite bounty managers recently experienced their first scam after almost a year in operation, in fact 2 projects scammed them in the same day! Terrible blow to them, and of course all the bounty participants generally see whose fault it was and aren't blaming the managers, but you still get a handful of participants screaming for blood and saying that the manager owes them money for their "work".

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May 14, 2018, 04:54:20 PM
 #57

Dont know if that is true at all or im the only one who thinks this way but both the ways are getting insecure these days. Im sure managers who are best of all will always try to bring up the best campaigns ever. However, many times these projects are getting illegal or scam one when they get at the final stages of the development. Managers has got nothing to do with that but for us its really bad time these days as projects themselves are getting weird. Need to find out some other way round or may be we will never have that opportunity and we will need to keep trying always.
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May 14, 2018, 05:03:28 PM
 #58

Quote
CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam

This point would be valid in most of the cases but it must be emphasized that the other way around might not be always true.
Consider the case of trusted bounty managers, they look into the project but if the intentions of the ico's team is to scam everyone they would target the manager too and he might not able to differentiate it.

The best way is to DYOR (Do Your Own Research) whether it be investment of money or your precious time.

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May 14, 2018, 07:20:45 PM
 #59

Quote
CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam

This point would be valid in most of the cases but it must be emphasized that the other way around might not be always true.
Consider the case of trusted bounty managers, they look into the project but if the intentions of the ico's team is to scam everyone they would target the manager too and he might not able to differentiate it.

The best way is to DYOR (Do Your Own Research) whether it be investment of money or your precious time.
But it can't be right in always because when we see a recent scam bounty called bitbliss run by aTriz one of the most reputed manager of our forum,everyone has the price tag even the good managers can be bought by scammers.So do your own research is the best thing we can do before joining in bounties.

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May 14, 2018, 08:03:01 PM
 #60

Quote
CAMPAIGN MANAGER - the one that you should always consider, because if the bounty manager is scammer then the bounties itself is a scam

This point would be valid in most of the cases but it must be emphasized that the other way around might not be always true.
Consider the case of trusted bounty managers, they look into the project but if the intentions of the ico's team is to scam everyone they would target the manager too and he might not able to differentiate it.

The best way is to DYOR (Do Your Own Research) whether it be investment of money or your precious time.
But it can't be right in always because when we see a recent scam bounty called bitbliss run by aTriz one of the most reputed manager of our forum,everyone has the price tag even the good managers can be bought by scammers.So do your own research is the best thing we can do before joining in bounties.
DYOR would always been suggested and dont easily fall out into the things where your eyes are seeing. Trust can be attained and sympathy would be get if a certain manager would have a good record but once a mistake had been done then trust would be gone in an instant where you would really hesitate into your next move if you would still follow or continue to engage with it.Not all reputable managers are prone or guaranteed that they wont scam.They might build reputation but in the end Project potential and legitimacy should be always checked.

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