Don't become Bounty Hunter!

[pixie85]

Bounty campaigns are an interesting case because they exploit people but these people keep on working. They're like that slave owner who makes his slave work hard and throws him some scraps but the slave is so miserable that he keeps on working.

Maybe bounty hunters got used to the situation and think this is how it's supposed to be? I keep on telling them in the altcoin section to ask payment in existing altcoin not some new worthless token. It's the same in India.

[1714802319]

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[Crytodon]

My advice is to look into the projects critically before embarking on their bounty.
Also platforms like bounty0x.io are of great help

[Kakmakr]

Yes, unfortunately some of these bounty campaigns are scams and you are not guaranteed to get your money. A lot of these scammers also hosted signature campaigns for their projects on this forum and people posted for 30 or more days and they did not get any reward for their efforts.

You might be guaranteed a payment if the bounty/signature campaign funds are in escrow and if it is run by one of the more reputable campaign managers on this forum.

Unfortunately nothing can be done about these scams to prevent it, but people should not expect that payment is guaranteed in all of these projects. 

[Taskford]

I have read story of bitcoin signature scamming their participants too (project not paying their participants for promoting them). No type of campaign is safe from scam therefore you just have to be conscious when joining a campaign.  Be very vigilant when joining a campaign, note that there isn't any guarantee to get paid so don't invest all your mind and body into a project.

Hence why it's frequently suggested to only join signature campaigns that already gained a reputation here on Bitcointalk. And yes, everyone should be skeptical when joining campaigns, but with bounty campaigns though? It's almost next to guaranteed for bounty campaigns to be either a huge waste of time due to the coins/tokens being worth next to nothing, or the campaign being a scam.

Back into those years where bounties are still profitable where its participants hitting up thousands of dollars value of tokens that they had obtain which is somewhat a thing
that cant really be removed on someone's mind or an impression that they are hoping for even up to these days bounties without even realizing that those good old days were
already gone.Outcomes on most projects now are totally trash together with your precious time,effort and resources.

Year 2017 is fruitful year for bounty hunters and there are so many choices of campaigns to join with but now, it's so rare  to find beautiful paying campaign since  we  cannot guarantee anything that's why we should be more creative to find new  things so that we can still earn by staying here. And maybe the bounty campaigns are  totally ends(hopefully not) so it's a must for us to get a skill to adopt on new trend.

[wildey]

Yes, unfortunately some of these bounty campaigns are scams and you are not guaranteed to get your money. A lot of these scammers also hosted signature campaigns for their projects on this forum and people posted for 30 or more days and they did not get any reward for their efforts.

You might be guaranteed a payment if the bounty/signature campaign funds are in escrow and if it is run by one of the more reputable campaign managers on this forum.

Unfortunately nothing can be done about these scams to prevent it, but people should not expect that payment is guaranteed in all of these projects. 

some projects include running for more than 3 months, or even 1 year, and it ends with a red flag, it is quite painful for those who follow the project from the beginning to become a scam.

It is undeniable that so many people are expecting too much from the bounty, this may be the influence of the bounty in 2017. Unfortunately, at this time if not careful, it will be in vain.

what needs to be known to be a bounty hunter, requires great patience, and also preparation to work for free, because we cannot guarantee a project scam or not, even when we do in-depth research.

[Pmalek]

You just need to be sure the manager is not a newbie but a reputed one who cares for the participants and makes sure they get paid.

Nobody can guarantee that even with the most trusted managers unless the funds are in an escrow and with altcoin campaigns I doubt that is ever the case.
Even the bounty manager can get scammed because he is an outside party they hired just to manage the bounty. Or even better they pay the manager so the project looks legit, they get some free advertising and then they scam the bounty hunters.

[Taskford]

You just need to be sure the manager is not a newbie but a reputed one who cares for the participants and makes sure they get paid.

Nobody can guarantee that even with the most trusted managers unless the funds are in an escrow and with altcoin campaigns I doubt that is ever the case.
Even the bounty manager can get scammed because he is an outside party they hired just to manage the bounty. Or even better they pay the manager so the project looks legit, they get some free advertising and then they scam the bounty hunters.

I saw several high ranking member's scam there bounty participants that's why rank doesn't mean anything especially on bounty campaigns, The only thing we can do is to get ready on consequences and accept the fact that bounty campaign is pure luck and sometimes we can't get payed to some unfortunate circumstances.

And if a participant can't afford to that matters then maybe it will fit for them to join on btc paying campaigns funds of that category is on escrow.

[MFahad]

I have read story of bitcoin signature scamming their participants too (project not paying their participants for promoting them). No type of campaign is safe from scam therefore you just have to be conscious when joining a campaign.  Be very vigilant when joining a campaign, note that there isn't any guarantee to get paid so don't invest all your mind and body into a project.

Hence why it's frequently suggested to only join signature campaigns that already gained a reputation here on Bitcointalk. And yes, everyone should be skeptical when joining campaigns, but with bounty campaigns though? It's almost next to guaranteed for bounty campaigns to be either a huge waste of time due to the coins/tokens being worth next to nothing, or the campaign being a scam.

Back into those years where bounties are still profitable where its participants hitting up thousands of dollars value of tokens that they had obtain which is somewhat a thing
that cant really be removed on someone's mind or an impression that they are hoping for even up to these days bounties without even realizing that those good old days were
already gone.Outcomes on most projects now are totally trash together with your precious time,effort and resources.

Year 2017 is fruitful year for bounty hunters and there are so many choices of campaigns to join with but now, it's so rare  to find beautiful paying campaign since  we  cannot guarantee anything that's why we should be more creative to find new  things so that we can still earn by staying here. And maybe the bounty campaigns are  totally ends(hopefully not) so it's a must for us to get a skill to adopt on new trend.

Do you know why 2017 was good year for bounty hunters ?  The ICO concept was new at that time and most of the projects were not scams. Even though scam project did exists at that time too but not as much quantity as it is now a days. Since those ico coins listed in exchanges, the bounty hunters got good value for that.
These days almost all the ICO projects are made to make money only, hence bounty hunters will only promote the coins and should not expect much returns from these bounties.

[Apes]

some time ago I joined a lot of campaigns, working specifically on bounty articles. my job is quite good and always gets stake.  the work I do is always original never take others work, on average each article I do takes 2-3 hours. and did you know from many articles I worked on, only a few paid and could be cashed. now I have never done a bounty campaign, because I give up and throw away my time. too many scams and non-commitment payments.

[djselery]

Yes, it is very hard to earn something nowadays by bounty hunting. Enjoy your time on this forum to interact with this amazing crypto community, and to learn more useful info about cryptocurrencies, instead of wasting your time with worthless bounty campaigns. And if you want to try your luck with bounties, try to study carefully the project firstly, and make sure it is worth your effort and time.

[Sirait]

It is sad to see many come to this forum and the first thing they do is participate in bounty campaigns because someone told them they could make money that way. In most cases, such campaigns pay in some rather worthless tokens or pay nothing at all.

I noticed the bounty hunter has drastically reduced when compared mid-2017 to early 2019, many stopped because of the scam project, but many also still survive, in my opinion, it is better at this time to make the bounty hunter a side job.

I put bounty hunting in category of big time-wasting, even bigger then claiming on faucets - today you at least get pay instantly in 90% of faucets on your microwallet account.

looks like I'll be back doing the faucet  

[bitmover]

I partially agree with Lucius. However, there are some bounties in the bounties session which may be worth.

That digital gold bounty looks interesting (i took a brief look at it and I liked it), as some other projects already on exchanges. Bounty hunters should be vigilant and know which project to choose.

There are some which pay in Eth, others with tokens that are already in exchanges.

THere isn't room for everyone in good BTC payment campaigns (sadly many spammers are still in long term good payment campaigns), but there are quite a few opportunities in the bounty session.

[DGulari]

My advice is to look into the projects critically before embarking on their bounty.
Also platforms like bounty0x.io are of great help

You can't depends on that anymore. You could get tricked by the dev of project, even though you have analyze them before. You never know when a project turned scam (most of them are happened after their ICO/IEO ends).
Project which listed on website also doesn't gurantee you anything since the reviews can be faked as well

[judeafante]

We may never see the heyday of bounty campaign again like what happen in 2017, when developers are so generous with it's participants, they always send their rewards in time, that is why early developers gain the respect of bounty hunters, but now you cannot say that anymore, developers are making it hard for bounty hunters to get their rewards first they make a lot of promise, then you promote them after that they delay payment and after you received your rewards, they locked it for months, it's really a waste of time.

[Sancho18]

I partially agree with Lucius. However, there are some bounties in the bounties session which may be worth.

That digital gold bounty looks interesting (i took a brief look at it and I liked it), as some other projects already on exchanges. Bounty hunters should be vigilant and know which project to choose.

There are some which pay in Eth, others with tokens that are already in exchanges.

THere isn't room for everyone in good BTC payment campaigns (sadly many spammers are still in long term good payment campaigns), but there are quite a few opportunities in the bounty session.

You are right, it’s incorrect to row all under one comb. Even if there is nothing interesting right now, maybe something worthwhile may come up tomorrow. It is important to maintain concentration and keep abreast in search of new interesting projects. Analysis of projects with the goal of separating grains from the chaff is a useful experience in itself.

[FaithInCrypto]

Thank you for the heads up. I am actually tempted to join bounty campaigns since I am new but I think most of them don't accept newbies to participate in the campaign. I'll probably make my way up to Jr. Member first before participating. I've got a lot to learn from this group, hope I won't be scammed or something that only wastes time.

[Pmalek]

There are some which pay in Eth, others with tokens that are already in exchanges.

I am sure there are some that can still be worth your time but those numbers keep falling drastically. If you take a look at the graph that akamit posted above you can see that there are less and less ICO campaigns on this forum.

I am not active in the altcoin world but one thing that could have an effect is if the bounty hunters agree not to partake in bounties that don't pay in either ETH, BTC or a stable coin. The less people take part in them the less advertisement and visibility they will receive and it will not be worth their time.

[barnes13]

In my opinion, if you really expect a reward from the bounty campaign and making the bounty campaign the main work is clearly disappointing. Please don't misunderstand this, you can take part in a bounty campaign but don't make it your main job, because the results obtained are uncertain in value, and it's unclear when they are distributed. If the reason I participate in the bounty campaign is to support the project, so besides contributing to their token sale, I also support them in other ways.

[akamit]

If you take a look at the graph that akamit posted above you can see that there are less and less ICO campaigns on this forum.

The image I posted was a part of the entire post and the graph source was from ICO Watch.

But the original poster also mentioned,

But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?

[lesor]

Common sense