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Author Topic: Scam Projects and Bounty . Way forward??  (Read 2382 times)
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January 07, 2020, 04:11:46 AM
 #341

The way forward is to always DO YOUR OWN RESEARCH to avoid stories that torches the hearts. Investors who wishes to invest in any token should be able to check through and do vivid research before investing in any kind of token.
Right, in the future there must always be research, because in the past there were indeed many victims of the scam project because they did not do further research on the project and in the past also the average person immediately believed in the project and the lure of the project, thus making the scammers more easy to cheat.
But sometimes the research also make it impossible for the bounty hunters to find that which project will pay them because in the previous years we saw a number of projects which were legit but in the end because of their failure they abandoned their projects and they returned any fund they collected from the investors but they left the bounty hunters to pay nothing not thinking that these bounty hunters worked for them many months. They at least have to pay a little amount in BTC etc so that to not discourage them and to give their right to them.

 
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January 08, 2020, 06:13:07 PM
 #342

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
the best way to counter these scam projects is investors ,bounty hunters must do is to research first to have knowledge on what project they are investing. It will lessen the risk of being scam by these scam projects.
It's easy to wave fists after a fight. In 2017-2018, few people distinguished fraudulent projects from normal ones, so many investors lost their money. Now the story is completely different, so we learn from mistakes.

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January 08, 2020, 08:59:57 PM
 #343

All that can be done is to raise awareness of this matter and experts in research and uncover fake projects and awareness to avoid them by new people in this field
 I don't think there is more that we can do
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January 09, 2020, 12:41:26 AM
 #344

The way forward is to always DO YOUR OWN RESEARCH to avoid stories that torches the hearts. Investors who wishes to invest in any token should be able to check through and do vivid research before investing in any kind of token.
Right, in the future there must always be research, because in the past there were indeed many victims of the scam project because they did not do further research on the project and in the past also the average person immediately believed in the project and the lure of the project, thus making the scammers more easy to cheat.
not only by searching for a certain project, there should be a solution prefer so this things will not happen if they want to still continue many crowdsale . There should be way to protect investors from scammer and scam project created by scammer . If we will just rely on the research there still many people can be a victim.

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January 09, 2020, 02:03:41 AM
 #345

The way forward is to always DO YOUR OWN RESEARCH to avoid stories that torches the hearts. Investors who wishes to invest in any token should be able to check through and do vivid research before investing in any kind of token.
Right, in the future there must always be research, because in the past there were indeed many victims of the scam project because they did not do further research on the project and in the past also the average person immediately believed in the project and the lure of the project, thus making the scammers more easy to cheat.

That's the reason on why you really need to do research first before putting your money on investment because you might lose it, if you don't know what you are doing and just putting your investment in risk.

And a lot of project or most of them are just a scam and exiting after they accumulate the money if their investor.
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January 09, 2020, 02:51:55 AM
 #346

More you do, more you earn. Times when you earned thousands of dollars from every campaign are gone. It is time for promoting only projects that are legit, the rest of them should die in hell. We need to clear market from these scams to bring investors back again.  Smiley
Yeah, those scammers really are monsters. They can live with the money they scammed from people everywhere, I cannot use that money to feed my family if I were those scammers but I am not one of them. Those scammers are really the reason why investors don't want to trust cryptocurrency again. A lot of BIG scammers way back get scammed because of them and lose a lot of money and they are using the name of bitcoin.
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January 09, 2020, 03:38:52 AM
 #347

More you do, more you earn. Times when you earned thousands of dollars from every campaign are gone. It is time for promoting only projects that are legit, the rest of them should die in hell. We need to clear market from these scams to bring investors back again.  Smiley
Yeah, those scammers really are monsters. They can live with the money they scammed from people everywhere, I cannot use that money to feed my family if I were those scammers but I am not one of them. Those scammers are really the reason why investors don't want to trust cryptocurrency again. A lot of BIG scammers way back get scammed because of them and lose a lot of money and they are using the name of bitcoin.
dont worry those scammers will pay for all the scams they made. Their lives will be miserable until they die. And for those victims of scams ,blessings will come but they need to wait. Everyone should be careful in picking bounty projects choose the one that is legit.
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January 09, 2020, 07:23:25 AM
 #348

It is difficult to overcome the scamer in the crypto room, there will always not be destroyed, but the most important thing is that we make sure that which projects are more and which are worse are the same in investors and bounties, but for now the scamer is not as rampant as in 2018 .

Of course, after all, the more deception around, the easier it is for us to identify it. Scam exists not only within the brick market, but also in any other market area.
The crypto market is the most pleasant atmosphere for scammers only due to the absence of strict regulation. However, any scam could be predicted and prevented from our own investments.

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January 09, 2020, 08:09:03 AM
 #349

But sometimes the research also make it impossible for the bounty hunters to find that which project will pay them because in the previous years we saw a number of projects which were legit but in the end because of their failure they abandoned their projects and they returned any fund they collected from the investors but they left the bounty hunters to pay nothing not thinking that these bounty hunters worked for them many months. They at least have to pay a little amount in BTC etc so that to not discourage them and to give their right to them.
indeed it can't find which project will really pay or not but at least we have tried to research the project which is really serious as well as paying bounty hunter

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January 09, 2020, 09:49:03 AM
 #350

Investors should be more conscious. They get people's sense of easy money making. There is no simple money. Everybody is working, doing research. Investigate your project well. You already know the status of the project with a lot of information. Choose transparent projects.
Everyone knows that, it's just that there are some careless investors who want to get big profits. But all that will be a lesson for everyone to be careful when investing in anything including crypto that has high risk.

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January 09, 2020, 10:08:17 AM
 #351

Scamming with ICO was old method of scammer these days they're scamming with starting IEOs on any average cryptocurrency exchange and we have seen this kind of some scam IEOs last year now the time is going to be very challenging to spot which IEO or ICO is genuine for investors and bounty participations so in my point of view we should only take part in any project bounty if it's IEO is going to be start on big and decent cryptocurrency exchange and most important thing as many experienced people says that deep investigation is much necessary so that will be nice.

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January 09, 2020, 10:38:57 AM
 #352

This year maybe the year that many will be aware of these scam projects.
Awareness has been raised and it's rising so many newbies are unlikely to be scammed.
But we can't tell it until we see the year ends.
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January 09, 2020, 11:01:23 AM
 #353

Of course, after all, the more deception around, the easier it is for us to identify it. Scam exists not only within the brick market, but also in any other market area.
The crypto market is the most pleasant atmosphere for scammers only due to the absence of strict regulation. However, any scam could be predicted and prevented from our own investments.
Yeah, but don't underestimate it. some projects look pretty trustworthy, but sometimes they become a scam in the end. Although scam projects can be identified, some projects also become greedy in the middle of project development or other things. The point is, if you still do the bounty, you need to be careful because sometimes promising projects are also quite difficult to identify.
I still support bounty so far, but I'm still careful.

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January 09, 2020, 11:03:16 AM
 #354

When a bounty scammed or failed, it's really painful for a bounty hunter. They waste their a lot of times. I think some bounty manager or bounty group promote scams bounty for their  interests. So hunter should make deep research before choice any bounty campaign.  

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January 09, 2020, 11:06:16 AM
 #355

You can not overcome scam in crypto. In fact this contribute a lot to what is keeping people away from investing in crypto. More than 90% of project listed on BTT for ICO or IEO in 2019 end up unsuccessful or turn to scam. These has caused serious problems denting the image of some top project managers here on BTT

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January 09, 2020, 11:35:00 AM
 #356

You can not overcome scam in crypto. In fact this contribute a lot to what is keeping people away from investing in crypto. More than 90% of project listed on BTT for ICO or IEO in 2019 end up unsuccessful or turn to scam. These has caused serious problems denting the image of some top project managers here on BTT
Yeah right, the after effects of this scam developers affects how people look into this industry, It's mostly in the negative side both investors and
bounty hunters wasted money and time with failed and scammed projects. Hard to detect but after what happened it's needed to  go deeper and
keep yourself updated to lessen the risk of your time and money.

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January 09, 2020, 11:44:46 AM
 #357

You can not overcome scam in crypto. In fact this contribute a lot to what is keeping people away from investing in crypto. More than 90% of project listed on BTT for ICO or IEO in 2019 end up unsuccessful or turn to scam. These has caused serious problems denting the image of some top project managers here on BTT
Yeah right, the after effects of this scam developers affects how people look into this industry, It's mostly in the negative side both investors and
bounty hunters wasted money and time with failed and scammed projects. Hard to detect but after what happened it's needed to  go deeper and
keep yourself updated to lessen the risk of your time and money.

It's hard to detect a scam project, they are better disguised now than ever before, but it's not impossible. Keep yourself updated is a very good advice, for all the people here, new and old members. Only like that you can see what's happening in the community, doing a constant research of the new projects, their teams and announcements is one of other ways to prevent any possible scam to happen.
We risk money and time, we can't run away from that, but with more knowledge you learn how to minimize possible risks. Bottom line is learn more, educate yourself and chances for you to get trapped in some scam will go down.

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nutriagrigia
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January 09, 2020, 12:03:29 PM
 #358

This year maybe the year that many will be aware of these scam projects.
Awareness has been raised and it's rising so many newbies are unlikely to be scammed.
But we can't tell it until we see the year ends.
Newbies will always be scammed. It seems to me that everyone who comes to the market simply cannot avoid scammers. it’s like a path that everyone needs to go through to understand which projects are worth attention and which ones should be avoided. When you lose money on scammers and then analyze what was wrong with the project, in the future you can always see what the difference between a good project and a bad one

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January 09, 2020, 12:14:05 PM
 #359

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
I thought a lot of things but I really can't think of any way to solve this problem. Because when we work on projects, we don't need to provide personal information or know if it's a real project, so we don't have enough evidence to sue them. I think we should educate ourselves and analyze the bounties before joining. That is the best way.

 
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January 09, 2020, 12:16:14 PM
 #360

The point here is that the most important awareness must be had by reputable bounty managers because they take an important part in opening doors of opportunity.

maybe the hunters will never realize, because they always prioritize the opportunity, but most of them will certainly be discouraged and not even follow the new campaign, I also decided to remain silent and wait until the things that trigger the trend of quality projects reappear.
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