The Bitter Truth about Bounties

[oioi]

it is true that at the end of 2017 and the beginning of 2018 it is a party for bounty hunters because it can produce with a large average of prizes,
different from the current year we are difficult to get a very large prize, because it is not easy and more and more bounty hunters.

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[tortellino]

this thread is about bounties which are not for ICO or IEO, so have a look at this one, they just started their signature campaign this weekend:

https://bitcointalk.org/index.php?topic=5157364.msg51564574

no ICO, no premine, just 100% community governance with a growing userbase.

Project is in very early stages, but more mining pools getting attracted each day!

For a good overview visit their homepage: https://devault.cc/ or follow them on twitter: https://twitter.com/DeVaultCrypto

[udidrone]

There are some bounties that are still profitable but not so much, if you can make good research you will surely get some and i am having the feelings that more will come in the future.

For now, even $500 must look project that really good. Maybe right there is still hope. But if to join signature campaign, we must really pick it carefully or maybe we can try article campaign that let us to join many projects.

[tortellino]

There are some bounties that are still profitable but not so much, if you can make good research you will surely get some and i am having the feelings that more will come in the future.

For now, even $500 must look project that really good. Maybe right there is still hope. But if to join signature campaign, we must really pick it carefully or maybe we can try article campaign that let us to join many projects.

i think the times to earn $500 are away, crypto is now too popular to give away free money this big. Beside that a signature campaign on a project u believe in and you are part of it gives you the benefit by making these projects more popular to broader audience!

[tortellino]

There are some bounties that are still profitable but not so much, if you can make good research you will surely get some and i am having the feelings that more will come in the future.

For now, even $500 must look project that really good. Maybe right there is still hope. But if to join signature campaign, we must really pick it carefully or maybe we can try article campaign that let us to join many projects.

i think the times to earn $500 are away, crypto is now too popular to give away free money this big. Beside that a signature campaign on a project u believe in and you are part of it gives you the benefit by making these projects more popular to broader audience!

to succeed in a project, large-scale promotion is indeed feasible and with no small amount of funds. therefore, between the bounty campaign and the project team, it should be mutually beneficial for each task

you are right, a project with no large-scale promotion or strategic partners will have it more difficult to "scale". But the charme of these projects are that they grow slow and much more sustainable, making baby steps instead of a vapoware whitepaper or a pump and dump scheme. Important for these projects are patience, a growing community and steady developments!

[leea-1334]

The bitter truth about bounties is that first of all we fully trust this bounty work and do it regular and dont have panic but have take full patience and wait for the right time to take profit which you want in this work.

But tell me first, enter any bounty channel that is active,,, I ask you to give me even just one example, where the bounty hunters are full of patience and do not panic. You know it yourself, there is almost no such thing.

Every channel I am in the same questions and the same impatience. And then everybody dumps. Show me one alt project where bounty hunters remained and supported the project after distribution.

[tortellino]

The bitter truth about bounties is that first of all we fully trust this bounty work and do it regular and dont have panic but have take full patience and wait for the right time to take profit which you want in this work.

But tell me first, enter any bounty channel that is active,,, I ask you to give me even just one example, where the bounty hunters are full of patience and do not panic. You know it yourself, there is almost no such thing.

Every channel I am in the same questions and the same impatience. And then everybody dumps. Show me one alt project where bounty hunters remained and supported the project after distribution.

and whats the conclusion of this? in most bounty programs the tokens for airdrops and bounties are first available e after a lock-up period, mostly a few weeks after the lunch of the project on exchanges. Beside that you have this "phenomen" also on POW coins with the miners or after ICO/IEO with investors chasing a fast profit....after all these the real investors and "believers" will still hold their stake.

[spydee1522]

Sometimes, some bounty projects gives us the opportunity to classify bounties in general as a waste of time and resources which shouldn't be so or worth it. Though bounties are not considered reliable, some bounties have really helped. The sad part of it is promoting a bounty project for months, waiting for distribution and listing for months too and realizing after listing, tokens worth nothing even compared to the ICO price. Why waste time on such bounties then, working for a projects with products and are already listed is what pushes me now to promote a project wholeheartedly.

[thisnewcoin]

But I don't think without ICO/IEO, a project can give you good rewards! This year, I researched and saw that Miracletele, Harmony, Coinhe, Sero paid well to its bounty hunters and all of them were ICO/IEO projects if I am not wrong. People earned good money from Veil which wasn't any ICO/IEO project! But the number is very limited!

[ven7net]

I just joined the participation in the bounty companies in mid-2017 and was pleasantly surprised by the earnings in that period. Indeed, at that time there was a growth in the cryptocurrency market and people were actively transferring money to the ICO, which gave an excellent result for the bounty participants. Now we see the opposite. Of course, this is influenced by the fact that now the cryptocurrency market is not growing as before in 2017, but this is not the only problem. Now there is a lot of cheating from the administrators of the ICO and IEO. In almost all procts, the conditions of payments are changed, the bounty tokens of participants are blocked, or they simply don’t pay. Of 100% of projects, only 1% adheres to their promises. It is very sad.

[Samayuki]

Since 2018 I personally have difficulties in making money from Bounty. The very sharp decline in Bitcoin prices has negatively impacted all ICO projects. Perhaps those who have entered before the year 2017 is very fortunate because it gets a lot of successful projects. But this is our motivation to be better in this year 2019.

The more you get used to bounty and crypto space the more you will get better after several mistakes, i see you promoted iskra/lucemproject, that project was a total dissapointed , i promote the project based on weekly payout from the teams but i just took the risk because right before i start i knew the project its not good enough

[o.ogurlu]

It's hard to make thousands of dollars by joining the bounty campaigns right now. But I still continue to participate in bounty campaigns. Because there are still good bounty campaigns in the market. And even if there aren't thousands of dollars, can make very good profits by joining these campaigns. But not forget that, should research well before the join any campaign.

[Crypt0BHunter]

Yes that is a new trend on a bear market, there are more and more bounties with already listed tokens of the project, by the way bounties is long term investing of your time, and you better hold your tokens till next bullrun

[Winscosinally]

It's hard to make thousands of dollars by joining the bounty campaigns right now. But I still continue to participate in bounty campaigns. Because there are still good bounty campaigns in the market. And even if there aren't thousands of dollars, can make very good profits by joining these campaigns. But not forget that, should research well before the join any campaign.

The truth is many bounty hunters have sold tokens worth thousand dollars for hundred dollars, the reason why you aren't making thousand of dollar from bounties is because of the present market condition, i will advice every bounty hunters to set aside some good tokens with real use cases even if they cost less in value because once the market start recovering they will skyrocket

[Ken_terrance]

It is dangerous to hold tokens you get from bounties,they might turn dead while holding them, miracle tele is the first token i decided to hold and after fee months it became useless, i have chabge my mind about holding bounty tokens

[daniel002]

As I have experienced most bounties I've joined offer bounty total price of their tokens but in reality these tokens don't have worth because they really have no funds to get into exchanges when the bounty campaign ends. So your efforts on the bounty campaign will be wasted.

[Zdraste16]

BOUNTY cannot be a basic and stable income, at least for the moment.  A very large number of projects cannot lead their business to a successful conclusion.  The reward can be significantly reduced, or the distribution of tokens can be delayed indefinitely.  Even after receiving the project token, it is not sent to the exchange and is useless in the wallet.  But, on the other hand, having some fixed income, you can spend time on a reward, as the hunter in the process learns a lot about the project.  And a worthy and promising project can be considered as an investment, and such ICOs still exist and will be.

[Republikcoin.com]

however, the current conditions with 2017 are very different. it can be said that many things support the price development that occurred in cryptocurrency in 2017. However, for now, it may be very difficult to generate $ 500 for a project. because altcoin prices are currently dominating low. so we need to wait until the recovery of the price of altcoin occurs to get the appropriate payment. well, that's the thing that I thought about. I feel that it has something to do with the current price recovery.

it is true that supporting projects without ICO / IEO is better, especially if they have been listed in many markets. however, waiting for a project like that requires patience. so, while waiting for a project like that, I chose to support ICO / IEO which I feel has great potential to develop in the future.

[vanya.pronin.1983]

The last 1,5 years were pretty hard for bounty hunters, because almost no ICO collected enough funds to distribute the promised amount of tokens, and if they did, the token value went down so fast, that nobody was even able to gain some profit.

[yangongear]

How many of you bounty hunters are actually making up to 500$ per project after months of promoting the bounty project this year? I heard that those who make thousands of $$$$ in 2017/ early 2018 are fortunate because of the bullrun ,so thus that means if no bullrun all bounties won't bring huge profits???

Let's talk about bounties that are not looking for funds like ICO and IEO ,they are always better and you don't need to wait forever to get your tokens,I like promoting already listed coins or tokens ,it's gives better rest of mind

Yes, Bounties seem to be dying, it the truth that all hunters are faced. Bounty is the strategy for the ICOs which want to crowdfund, but this time no retail investors are interested in it. New projects have gradually shifted to institutional investors, VCs, so bounty is no longer needed. They will have bounty or contest, but with very high requirements and limited bugget.