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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93888 times)
saffira
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February 17, 2019, 03:41:13 PM
 #541

I have no problem regarding the KYC. Even money transfer outlets today are requiring the KYC. Even banks are required to update their savers data. It is for security purpose. The only thing I do not want about KYC is the worry that my personal data may be used on some illegal purpose. That is why I am very careful in choosing project.
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Runbitup
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February 17, 2019, 03:58:15 PM
 #542

This is Internet my friend. Who do you hold responsible if something bad happens to your documents. As far as I know, there is no law against the misuse of the documents. It is too dangerous to send ones ipersonal documents multiple times to strangers.
In addition, KYC is used by new projects that are still unclear, so it is very risky to give our identity to them.
KYC also sometimes asks things that I don't have, for example a passport.
I think the passport is only owned by a small portion of the population and is very difficult for bounty hunters to give passports
angel55
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February 17, 2019, 04:06:35 PM
 #543

Obviously the biggest reason why bounty hunters hate KYC  because it takes more time from you, Personally I don't hate KYC coz it helps find out a lot of cheaters and bots.

Your foolish to just hand out your personal info to random people on the internet that aren't trusted.  Don't be shocked if you end up as a victim of identity fraud.
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February 17, 2019, 04:24:28 PM
 #544

Don't take too much risk because now people actually take coins that are on the top cmc and now it's proven that they are very interested in top cmc in terms of risk also unlike the others who are very high
 

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altscaner
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February 17, 2019, 04:38:18 PM
 #545

the reason most people do is they don't want their data to be spread on the internet, if I for the problem of kyc it seems neutral but if there is something that requires us and our data to be guaranteed I will do it but if there is a project that offers certain rewards for doing kyc I am clear will not do it because it is certain that our data is not guaranteed

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February 17, 2019, 04:48:59 PM
 #546

Yes, some are just afraid to send their documents. But it is possible that some hate the KYC procedure is due to the fact that they use multiple accounts. In any case, this procedure helps to identify all violators of the rules.
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February 17, 2019, 04:49:23 PM
 #547

KYC is indeed an interesting thing to always discuss. There are many bounty hunters who disagree with the existence of KYC. However, with KYC people will not be able to commit fraud. But KYC is also not a determinant of ICO success.

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February 17, 2019, 05:05:56 PM
 #548

I have no problems about KYC as long as the security is guaranteed. The problem is, there is no fixed guarantee while there are many scam projects and some of cracking issues. Once our private datas stolen, we don't know who would take responsible and where to report. I hope there will be significant improvement and regulations upon our identity security in the future.
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February 17, 2019, 05:40:24 PM
 #549

I am a bounty hunter, I regret if there is a bounty that must do KYC. if the bounty results convinced me I would consider doing KYC. I feel uncomfortable and safe if my identity is known.
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February 17, 2019, 05:45:03 PM
 #550

I'm a bounty hunter but truth be told, KYC stops bounty abuse of multiple accounts most the multiple account users are not always happy with KYC exercise.
Decrypted
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February 17, 2019, 06:16:00 PM
 #551

I'm a bounty hunter but truth be told, KYC stops bounty abuse of multiple accounts most the multiple account users are not always happy with KYC exercise.

This is a very important argument - KYC will certainly stop multi account bounty abusing. However, what about the participants of Twitter or FB campaigns who receive prizes worth $2 - $3 - is this money worth sending documents?
Aleksandra Gurskaya
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February 17, 2019, 06:21:22 PM
 #552

I am against the KCI procedure, I have nothing against it, since I have nothing to hide. But I would like to have guarantees that after going through this procedure, I will definitely get what I earned and the price will be good for the coin.
dance2009
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February 17, 2019, 06:48:11 PM
 #553

For me personally, KYC is not a problem, but there is a great uncertainty in the transparency of projects that require it. If I give my personal data I have to be sure that they will not get to others.  In some countries, because of this, there can be many different problems.
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February 17, 2019, 06:54:02 PM
 #554

I cannot understand the reason why bounty hunters are afraid of a KYC process. If you have done your work honestly, you can pass the KYC and get your tokens and cheaters won't get rewards at all, so as the result you will get more.
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February 17, 2019, 07:04:12 PM
 #555

I cannot understand the reason why bounty hunters are afraid of a KYC process. If you have done your work honestly, you can pass the KYC and get your tokens and cheaters won't get rewards at all, so as the result you will get more.
I think more of the bounty participants who hate KYC because they hate urgent information. because ICO developers always make urgent decisions by them regardless of the bounty campaign participants who help make their projects successful
tins
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February 17, 2019, 07:31:38 PM
 #556

I think because they participate in a lot of projects, so they don't want to join any bounty, they have to give their information to them. Because many bounty only bring a few dozen dollars after it end
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February 17, 2019, 10:27:12 PM
 #557

There are many reasons to avoid it, especially for security reasons given that personal profile data is of course very important if it is misused for personal gain, so we will get a loss, but actually if we are the right person, of course we will not be afraid if a project wants we fill out the KYC form for interests or conditions as a bounty hunter because we didn't make a mistake at all, but returned to each other.

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February 17, 2019, 11:40:33 PM
 #558

many of us don't like KYC, actually KYC goals are good but our data security is not guaranteed and also bounty hunters feel this is KYC troublesome, I prefer to look for projects that don't require KYC filling, but if there are good projects that require KYC then I don't have problem to do it

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February 18, 2019, 01:45:34 AM
 #559

I dont hate KYC but i hate project which not paying. I can do KYC if they really paying and the token tradeable on the exchange so i can sell it to buy daily expense. Can be better if KYC only for investor and no need KYC for bounty hunter because they get small number of token.

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February 18, 2019, 01:53:11 AM
 #560

you're wrong, not all bounty hunters hate KYC. I've participated several times with projects that ask for KYC, and I did it. there are some projects that pay appropriately but some are also fraudulent, I think the main reason why bounty hunters choose not to participate in projects that ask KYC is a bounty hunter with multiple accounts. they obviously can't cheat on the project using multiple accounts  Grin

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