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Author Topic: Are we going to have a profitable bounty hunting in 2020?  (Read 516 times)
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January 03, 2020, 06:56:36 AM
 #1

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

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January 03, 2020, 08:21:30 AM
 #2

I hope so, right now it's still a question for us because everything is fully reliant on the market situation, if the market is good then no doubt bounty hunting will also be good. We proved that last year, lots of bounties but only few are successful, hence the reward is small due to the competition is higher.

We need more profitable bounty opportunity this year and that's gonna happen with the help of a bullish market.




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January 03, 2020, 08:23:08 AM
 #3

If we're talking all about bounties then Service discussion (Altcoins) suit the discussion.

Also, if 2018 and 2019 where worse for bounties, then 2020 is worst especially if we're talking about new projects from a random group of people such as new ico, ieo, sto or whatsoever.

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January 03, 2020, 08:28:31 AM
 #4

If we're talking all about bounties then Service discussion (Altcoins) suit the discussion.

Also, if 2018 and 2019 where worse for bounties, then 2020 is worst especially if we're talking about new projects from a random group of people such as new ico, ieo, sto or whatsoever.
True and i cant really see any significant changes towards those new projects.We already have seen about that IEO hype but to look it doesnt really give out something new.
2020 would be still on worst condition when it comes to bounty hunting unless if there are new projects which we can see that is exceptional but i dont see for it to happen this year
but who knows? Its up to bounty hunters if they would decide to continue in spite of the current condition.Its up to them if they are willing to waste up their time and effort on useless bounties.

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January 03, 2020, 11:40:49 AM
 #5

Maybe not. Bounties will become only profitable if ICOs collects more funds, with the recent stats funds collected from ICOs are nowhere near 2018 so no one will give the effort to make new project at the time which will be resulted into bounties will be filled with more participants.On stake based reward calculation more participants then less the rewards will be...

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January 03, 2020, 02:50:34 PM
 #6

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

If you mean ICO bounty hunting, I don't think so, there is a lot of deception so many bad projects so many scamming I don't think legit p[roject will go for ICO, ICO has been tarnished by scammers, no hope for them for now, there is hope in IEO campaign better look on projects with that crowdfunding option.

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January 03, 2020, 02:59:23 PM
 #7

Besides bitcoin signature campaigns, I'd say forget it. The ICO and altcoin craze in general has died out a lot and it would take A LOT more convincing for people to actually invest in ICOs or altcoins in general; hence still, most, probably 95%+ or more bounty reward altcoins are going to be very very low in value.

This is probably not what you're going to want to hear, but I suggest spending your time elsewhere instead, in other things that are a lot more productive.

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January 03, 2020, 07:07:03 PM
 #8

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

If you mean ICO bounty hunting, I don't think so, there is a lot of deception so many bad projects so many scamming I don't think legit p[roject will go for ICO, ICO has been tarnished by scammers, no hope for them for now, there is hope in IEO campaign better look on projects with that crowdfunding option.
Neither IEO as well, based on stats of funds raised by IEOs in the early days were too much higher than IEOs of Nov and Dec which shows people lost interest on any new projects.

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January 03, 2020, 08:39:40 PM
 #9

It's just like asking, will we ever see a profitable faucet in 2020? The answer is NO, it's never gonna happen again.

The reason why bounty campaigns were so profitable in 2017 was because of the ICO craze. Different projects were lying to people that they would become the next Bitcoin, Next Ethereum and in turn ignorant people spent lots of money participating  useless ICOs.

Basically there was a lot of money in circulation which project would send to bounty participants with ease in terms of tokens that would become worthless with in  months.

Right now people have the experience and i don't think they will be easily fooled like they were fooled in 2017.

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January 04, 2020, 04:45:42 AM
 #10

I highly doubt there will be a lot of profit from bounties this year.
I mean it seems like there appear more bounties, but there are even more people becoming more interested in crypto every day.
And also profit from crypto is getting lower because it is less risky than it was earlier.
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January 04, 2020, 05:11:39 AM
 #11

I don't think we will have a bumper year in 2020. If talking about bounty hunting in ICO campaigns, it used to be very hot, even thousands of members of this forum poured in to participate in those campaigns.  But things are only going well when the ICO thrives, when Bitcoin fell and the ICO was no longer valid, the bounty hunter's bonus disappeared. All they receive is worthless coins, just rubbish. And 2020 is not a year for ICO or something like that, nothing good for bounter hunter

 
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January 04, 2020, 05:41:56 AM
 #12

ICO/IEO days are not over yet but I doubt it will be as massive as 2017. Bounty will likely follow.

Your best bet would be to assume bounty won't exist anymore and just gain more bitcoins and accumulate them before the pump (if any) started. Catching profitable bounties is like finding needle in a haystack.

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January 04, 2020, 07:33:06 AM
Last edit: January 04, 2020, 07:45:57 AM by ralle14
 #13

Finding good bounties are hard nowadays compared to the old times when things weren't that complicated because of the minimal changes in the bounty rules and the communication. There's probably a few bounties that are paying good enough like the bitcoin paying ones but not a lot of people would be able to profit even if they seem legit you could still be on the losing side depending on the time you've spent on doing bounties.

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January 04, 2020, 07:57:38 AM
 #14

There's probably a 1% chance that we will see bounty profits like 2017 again.

I hope so, right now it's still a question for us because everything is fully reliant on the market situation, if the market is good then no doubt bounty hunting will also be good. We proved that last year, lots of bounties but only few are successful, hence the reward is small due to the competition is higher.

We need more profitable bounty opportunity this year and that's gonna happen with the help of a bullish market.
I can understand where you are coming from but you also have to look into investors maturity this time. Just like what @mjglqw and @logfiles said, the hype that the market once had in 2017 is gone. Even the IEO craze fizzled out quickly.




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January 04, 2020, 11:12:06 AM
 #15

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.so do you believe that we will have a good bounty year? if yes, why?
I don't think so, this year would be more worst for bounty hunters. Because most of projects try to get in IEO sale (who have enough money to list on exchange). So that they could save all advertising cost since exchange themselves will advertise their project. On the other hand even there is few ICO giving bounty reward that's worst since they are scammer. Percentage of successful ICO is very low. So hunters just could do hardwork but they won't get appropriate reward for their work. Its better to find some other crypto related job instead of hunting on ICO. I know few people likely addicted on bounty hunting since it's free money.  But they should think, about last year, and what would happen this year. Nothing going to change for bounty hunters. Just leave scammer alone, don't help them to scam more people by bounty campaign.

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January 04, 2020, 11:34:36 AM
 #16

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.so do you believe that we will have a good bounty year? if yes, why?
I don't think so, this year would be more worst for bounty hunters. Because most of projects try to get in IEO sale (who have enough money to list on exchange). So that they could save all advertising cost since exchange themselves will advertise their project. On the other hand even there is few ICO giving bounty reward that's worst since they are scammer. Percentage of successful ICO is very low. So hunters just could do hardwork but they won't get appropriate reward for their work. Its better to find some other crypto related job instead of hunting on ICO. I know few people likely addicted on bounty hunting since it's free money.  But they should think, about last year, and what would happen this year. Nothing going to change for bounty hunters. Just leave scammer alone, don't help them to scam more people by bounty campaign.
IEO is the new way on where most projects do target out and as said ICO would slow vanished or get less popular compared on previous years.
So it means it would lessen up the number of bounties and i can see it as of todays which isnt similar on last years.If this would continue
then im sure that it will slowly die until bounty hunting is gone.For now its early to tell but that would be surely the path it would take.

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January 05, 2020, 12:27:34 AM
 #17

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

There will be if there are good projects coming in and investors are interested to invest on it, it's investors that has a say if a project will succeed or not, and if the market improves there is a good chance, scam projects and bear market are two reasons why investors stop looking for a new project to invest.

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January 05, 2020, 05:29:23 AM
 #18

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

It cannot be ensured that this year will be a good bounty because it depends on investors making purchases or investing in ICO / IEO, because investors are always thinking and doing research to invest in a project and it can also affect the bounty so it is not good again to the hunter.
At least we must avoid the scamer first so that the bounty keeps running like it used to.

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January 06, 2020, 12:33:54 AM
 #19

Last year was not a profitable year for bounty hunters like us, but as we are embracing a new year, a new hope has live.

so do you believe that we will have a good bounty year? if yes, why?

It depends on the market and how willing are the investors to invest again in crowdfunding, 2019 is a big headache for investors as they are having a hard time to decipher what projects are scam and what is not, maybe this year is a different year.

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January 06, 2020, 06:21:47 AM
 #20

it depends on how you define "profitable". spamming about a scam ICO to get others fooled into buying it and you getting paid in that same token is not exactly profitable. because first of all you are "working" hard to get paid and also you are helping a scam so the money you earn is not even clean. not to mention the tokens are useless and get dumped so you have to work a lot harder to find a place and act fast in dumping them to not lose that much money.
the ICO hype also died by the end of 2017 and has not been able to revive and will never do again. in 2020 the only new thing we may see is creation of a new form of scam or a new wave of copycat altcoins.

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