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Author Topic: More and more Bounties turn out to be SCAM.  (Read 995 times)
blink_stun
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October 08, 2018, 01:32:33 AM
 #181

It's really sad that there are a lot of fake projects out there and it's more sad thinking that there's nothing we can do about it. Someone should control these new projects and they should be required to submit some proof of legitimacy with valid ID's and stuff.

Phil419She
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October 08, 2018, 01:40:24 AM
 #182

a scam in the sense that it doesn't have valuable value or do you think that the price isn't right? At this time there may be quite a lot of ICO who have less good results and generate worthless tokens if like this you have to be smarter in choosing a project to follow

Yeah I agree with you about being a scam also because there is no real profitable value in the end. There are so many ICOs that although they pay the investors and bounty participants, the coins they are paying is almost at no value.

1to2Game
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October 08, 2018, 01:55:18 AM
 #183

For now it's Wild West during "Gold Rush". Fresh and relatively "Easy" money attracts vultures just like century ago. I believe that eventually it will balance itself out, when investors start being more careful buying another "patented medicine". Even so, not everything is scum, lot's of products failed just because of incompetence, while being all good intentions at the start. Evolution will rule out again. Just my 2 cents.
greenlanternlight01
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October 08, 2018, 02:01:49 AM
 #184

A lot of ICO are just scam projects, that only take the money from the softcap/hardcap and disappear

grifinmch
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October 08, 2018, 04:56:50 AM
 #185

There are still many ICO which has bounty produce. the problem is also a lot of scams and it is quite similar so it is certainly a good analysis is required to be able to choose the best bounty. especially because of the influence of this scam also make investors hesitant to invest enough and this will have an impact also to the other ICO, to be honest, is nice but does not reach the target as investors reluctant to go in fear of the scam.
Ruby_Official
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October 08, 2018, 06:59:34 AM
 #186

Hi! This is Ruby-X. Distribution of Bounty is most important thing to keep trust with users.
Ruby-X Bounty was just distributed today. Smiley
And there is 2nd trading contest. Apply it and win mobile houses!
you can apply it on Ruby-X official website.
Thanks Smiley

ArtemSergeevich
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October 08, 2018, 07:28:36 AM
 #187

This is the biggest problem now on the market, I believe that if the issue of fraud, the market will very quickly grow and develop. Fraudsters are very much impede development and deter investors.
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October 08, 2018, 08:24:19 AM
 #188

More and more Bounties turn out to be SCAM.
In the years 2016-1917 the era of the ICO began, and the launch of projects was very different from what we see now. Much attention was paid to the promotion of the project in social networks and in all forums. To date, everything has changed. Advertising ICO in social networks is prohibited, and good projects are trying to find good investors themselves. Therefore, many projects refuse to conduct Bounty and Eidrody. Projects begin to carry out closed ICO (for example, ICO Telegram).
But many projects continue to use Bounty to attract investors. And on my vzdlyade 50-70% of these projects SCAM. The project plans to raise money and disappear with them. Therefore, they do not mind paying a small percentage of Bounty and Airdrop.
The conclusion from this is that the choice of Bounty for work should be very careful. Do not waste 20 weeks on an empty one.
Sorry for my English.
Try to take a survey and find out how many investors actually research about a project or actually reads the whitepaper. The result will surprise you because the majority don't, a team's expertise and skilled could spell the difference between a beautiful idea and a realistic project. The Mfchain team is a good example of an excellent team. Working towards the mass adoption of cryptocurrency that mfchain represent of  is a win for all.
Bitcotalk
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October 08, 2018, 11:49:10 AM
 #189

there is a lot of bounties from already listed on exchanges projects, try to work there, recent times it is the only one way to earn in bounty campaigns, coz yes a huge share of current bounties are scams or will not pay.
There are scam projects out there; it is only left for you as a bounty hunter to identify them. A lot of bounty hunters are too lazy to do research and proper digging before putting their time into a project and as long as that keeps happening, they will keep flopping and then blaming the community when they should be blaming themselves for being ignorant and gullible.

This is a non-regulated market, and it is normal to see scams in such situations, but what you should be asking yourself is what are you doing, to make sure you do not get to be a part of it? Probably when DT2 members start negging those who promote scam, maybe they will know how to dig properly first.
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October 08, 2018, 12:35:30 PM
 #190

reading with sadness. I strongly agree with your opinions and suggestions. Bounty hunters must be very clever to choose a real or not real project. The more days the ico projects are scam. And makes sad again the bounty hunter has been working very long and has no reward at all, I think why such people are not afraid of sin? Only god who repaid. Keep the spirit for all.

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October 08, 2018, 01:49:58 PM
 #191

It's really sad that there are a lot of fake projects out there and it's more sad thinking that there's nothing we can do about it. Someone should control these new projects and they should be required to submit some proof of legitimacy with valid ID's and stuff.
- I think that no one has enough credibility to manage all the new projects, people are always cheating each other in the virtual world, to trust someone here is really an impossible story, it's too dangerous, so even if there is a manager for new projects, people will still not believe what he's saying. In addition, the project team will not send all necessary information, this is their idea and you have the right to participate or not participate, they do not need to prove anything to you or anyone else, although the present situation is very sad but we can not change anything


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coino.org
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October 08, 2018, 01:52:32 PM
 #192

Very sad statistics, but I hope with market growth this kind of statistics will be changed and there will be better number of good bounties. I hope so, that's why I don't leave this market
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October 08, 2018, 02:08:32 PM
 #193

You are absolutely on point. The level at which scam bounties are emerging now is increasingly becoming too much. Everyone just want to make money at all cost irrespective of anything they will do to achieve their goals.This is a note of warning for us to be on our guard at all times. We the bounty hunters should meticulously choose any bounty we want to be a part of so as not end up engaging in vain labour.

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DominickA86
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October 08, 2018, 02:15:56 PM
 #194

This is due to the current market conditions. Due to the fact, that a lot of ICOs are failing to reach soft cap, the bounties are also turning scam. Just select the projects better and try to participate in projects, when they already achieved the soft cap.
Andromada
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October 08, 2018, 02:23:46 PM
 #195

I agree that many projects are just scammers who want to steal money from investors and hide. But all such projects are not all scams. Many of them are simply unable to survive in the market. Here not as in life - opened shop and work. It's more complicated than that. If the coin will not be in demand - she's dead
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October 08, 2018, 02:29:57 PM
 #196

Indeed, this year many bounties that are scam are different from 2017, many bounties with big fees. I think now only follows the bounty from a trusted bounty manager. it can prevent us from being trapped in a scam bounty.
Fatunad
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October 08, 2018, 02:35:22 PM
 #197

there is a lot of bounties from already listed on exchanges projects, try to work there, recent times it is the only one way to earn in bounty campaigns, coz yes a huge share of current bounties are scams or will not pay.
There are scam projects out there; it is only left for you as a bounty hunter to identify them. A lot of bounty hunters are too lazy to do research and proper digging before putting their time into a project and as long as that keeps happening, they will keep flopping and then blaming the community when they should be blaming themselves for being ignorant and gullible.

This is a non-regulated market, and it is normal to see scams in such situations, but what you should be asking yourself is what are you doing, to make sure you do not get to be a part of it? Probably when DT2 members start negging those who promote scam, maybe they will know how to dig properly first.
Wont really be that easy supposed to say yet ive considered myself to be an experienced bounty hunter and researching all the possible stuffs when it comes to bounty hunting but saying not to choose up scam projects wont really be easy because there are lots of them seems to be legit or have potential but it do still end up on being a scam.The edge you have if you do know how to check out necessary things will always be an advantage among others.

R


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October 08, 2018, 02:53:26 PM
 #198


there are so many scams that are bounty so be careful to be smart because they have a lot to do for you to promote before they extend the second one they do not give the token until they are forgotten.

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October 08, 2018, 03:03:28 PM
 #199

we can not really avoid it so we have to be careful because many people are struggling. how many months did they have the time of the hour after the scam was joined by a bounty that should be confined to people who are fond of mad.
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October 13, 2018, 04:12:56 PM
 #200

That is how it is these days, you look at the bounties and think that they are good, start doing them only to discover that the coin is a scam and all of your time and effort had gone to waste. I wish they would put in some kind of regulation for the bounties so that we can be sure that only the good coins are allowed to put up bounties.

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