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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93914 times)
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February 16, 2019, 12:08:15 PM
 #481

Bounty hunters value personal information rather than those shitty coins that don't even guarantee a profit. I'm a bounty hunter myself and I don't want my information to leak. Who knows what they will do to it. They might sell my information to someone or something without me knowing.
- Exactly, no one wants to reveal their personal information, especially for bounty campaigns because these projects are really uncertain that can be listed and profitable for them, sometimes it's just a scam project and a dead project, providing personal information is really dangerous, this information can become a key for wallets or security, even becoming a fraud tool, so bounty hunters or even investors, they always hate KYC. Even for good and successful projects, KYC is also a very annoying thing because there is too much trouble and complicated issues in the authentication process


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February 16, 2019, 12:11:02 PM
 #482

For me, I do not hate KYC but performing KYC activities is in most cases strenuous and all for a token you are not really sure it will be worth the stress. On another hand, kyc is good because it limits scam by bounty hunters who use bots.

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February 16, 2019, 12:16:48 PM
 #483

I guess most of us hate kyc. Scammers are everywhere, a lot of things might possibly happen if they know your personal information. They can use your personal information, your pictures in illegal activities. Once you send your personal information to them, you are prone to become a victim of identity theft. And that's my main reason why I also hate kyc.
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February 16, 2019, 12:21:33 PM
 #484

I didn't sign contract with company,  I have this billboard in my profile and sometimes I get tokens because someone else use that space. Should I ask them to perform kyc because they use my billboard?
They should not perform kyc on bounty hunters.
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February 16, 2019, 12:29:42 PM
 #485

Actually Bountyhunters doesn't hate KYC, but most of them are useless because of scam projects, makes bountyhunter lose privacy and have no results. If Projects is successful, then kyc is no problem for bounty Hunter.
You are right we cannot give our data to a team that doesn't even manage the project properly.
if a project reaches hardcap and also every team does KYC then I as a bounty hunter will do the same.

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February 16, 2019, 12:45:39 PM
 #486

In normal everyday life, do we give someone our passport? So why do we have to go through the  KYC procedure, where we must provide our personal information to strangers! This is nonsense! Moreover, if you did a great job, but did not send your personal information, the project simply will not reward you. It's humiliating! We are powerless hostages of  KYC.
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February 16, 2019, 12:49:23 PM
 #487

Not only bounty participants, but also investors are trying tone security conscious. I have observed that there are some projects that acquire people's identity, in order to trade them away. This is also known as a firm of scam. They will take your money as well as your details for peanuts. Sometimes, I also wonder how projects conducting airdrops also ask for kyc.
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February 16, 2019, 01:19:57 PM
 #488

Bounty hunters are not the only person hate KYC, because investors don't want to pass KYC also, it is time wasting, you know.
To my mind this problem should be elaborated
Honestly, investors never hate KYC, even they need to find good projects and have KYC so they can be assured and invest in it. Only bounty hunters hate it. KYC because they often use multiple accounts

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February 16, 2019, 01:24:14 PM
 #489

because many people want to deceive the hunters, and their money to ascribe to themselves,and this is certainly not like, because people spent 2-4 months to advertise the project,and get for this well-deserved fee, and then you steal, and with the help of KYC, they can remove some people, etc

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February 16, 2019, 01:47:51 PM
 #490

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

Both reasons, I bet. But first one is more frequent. Nobody wants to give his private data to some suspicious project. And I fully agree with them, that doesn't look good.

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February 16, 2019, 01:55:16 PM
 #491

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
The reason is simply because there is a lack of trust. You may not know who you are exposing yourself to with confidential information which could be leaked online.
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February 16, 2019, 01:58:38 PM
 #492

Because for a hunter's bounty, this is only a problem and does not carry any benefit for the participant himself, respectively, this is a moment that the bounty hunter will hate, this is an unnecessary process for him.

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February 16, 2019, 02:05:39 PM
 #493

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

It's not easy to reveal your identity to just any one. Especially when there is no trust. Most of this projects with kyc are scam and therefore their prime aim is to Target identities

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February 16, 2019, 02:11:38 PM
 #494

the truth is that the team does not want to send all allocations ,and they make KYC because they know that not everyone wants KYC.
many teams do that for the reason that bounty hunters have always been dumper and because of that they have to do kyc to reduce cheating players.

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February 16, 2019, 02:15:17 PM
 #495

So many people don't want their identity to be made public and not only that but some of the bounty Hunters participate in a single compaign with so many account of which if they have to provide their identity information their dubious act will be exposed.
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February 16, 2019, 04:19:53 PM
 #496

Because many already understand that their documents can be found on the dark Internet. Many people are now beginning to understand this, but even despite all these problems, people still believe that everything is fine and this process is normal. I do not believe in that
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February 16, 2019, 04:23:20 PM
 #497

KYC is very personal and should not be arbitrary to give to others, because it contains our data. if you choose the wrong bounty and bounty is a scam, your personal data will be used by irresponsible parties. if the bounty requests KYC, make sure the bounty is real and not a scam

 
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February 16, 2019, 04:24:25 PM
 #498

KYC is so bad it does not make any sense for bounty hunters. They are just receiving money, not using some money FINCEN is interested on.

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February 16, 2019, 04:34:00 PM
 #499

This identity is very important so that bounty hunters don't want to do KYC. But there are still many bounty hunters who are willing to do KYC. In my opinion, KYC is very risky because our identity can be misused by irresponsible people ... Because in the crypto world it's very difficult to trust other people.

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February 16, 2019, 05:05:32 PM
 #500


privacy, anonymity is more important than any reward, then once the personal data are put on the internet, they remain there forever, and then why entrust them to strangers or a newborn society of which nothing is known...

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