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Author Topic: Altcoins Bounty Hunters are almost alone!  (Read 746 times)
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January 26, 2020, 03:51:12 PM
 #21

altcoin campaigns are still limited in the promotion period, they only offer a stake that may not necessarily also have value.

we can't monitor all the projects because there are so many active altcoin campaigns. The assessment base is more likely to see the reputation of the campaign manager concerned, and the community also helps assess the scam project, as ICOEthics did last year, actually bounty hunters are not alone.



 

 

 

 

 

 


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January 26, 2020, 03:53:33 PM
 #22

altcoin campaigns are still limited in the promotion period, they only offer a stake that may not necessarily also have value.

we can't monitor all the projects because there are so many active altcoin campaigns. The assessment base is more likely to see the reputation of the campaign manager concerned, and the community also helps assess the scam project, as ICOEthics did last year, actually bounty hunters are not alone.
We have gone with bounty campaign daily payment like Yobit signature campaign, left two days but we hope another campaign with easy rule like Yobit will launch again before joining with altcoin bounty campaign, many campaign not worth but delay payment distribution until many campaign failed listed with higher price.

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January 26, 2020, 03:54:13 PM
 #23

That is because bounty campaigns are not moderated but there are scam accusation threads out there that I'm sure projects are investigated by those who kept watching bounty campaign scams, you need to check out those threads every now and then. They are not checking the bounty campaigns that pays tokens because generally they considered it scam unless they pay BTC.

Most bounty campaign managers usually recieve btc as payment for their contract they wouldn't wants payment in tokens of the coin they are promoting all these add up to ravaging scams that had engulfed the bounty campaigns, they are not bothered of the outcome of the projects they had managed while leaving the hunters at the mercy of the survival of tokens or coins in the market, it up to hunters to research well before promoting any bounty.

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January 26, 2020, 03:55:52 PM
 #24

I think you have a valid point, but base on the results of many altcoins bounty campaigns specially ICO and IEO base bounties, it was clearly reveal that promoting bounties is not profitable anymore. that's why only few high ranking forum members are interested to join due to its unknown prospect. let's consider also that doing researched and investigation about the project with unknown prospect is a time and effort consuming matters. that's why we can't force them to do that for us.  
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January 26, 2020, 03:57:48 PM
 #25

Honestly, i agree if bitcoin signature campaign use escrow. Of course people don't want their job is not get paid. Maybe like Yobit which paid in their site, that is why people not discuss about how they pay. But i think big members do that only to protect users in  here and nothing wrong with it.

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January 26, 2020, 04:02:29 PM
 #26

But look at the altcoin section, no one is here to support you to find a better project, everyone keeps suggesting research yourself, even if your well researched successful project not paying you, still they won't support you! So, from yesterday, I started thinking that Altcoin bounty hunters are very alone! Some guy is working to catch scammers but no one is here to suggest you a better project!

You really blaming others for this!! Why should someone else spend their hours on researching every bounty to save you from getting scammed? It doesn't make any sense. Why not upgrade yourself to such knowledge that you can easily distinguish which bounty campaign looks scam and which ain't. Remember one thing, working smartly yields more than working hardly when it comes to bounty campaigns.
Also, few members try their best to point out scam projects in altcoin section. Try visiting 'Scam accusation' section sometimes and if you see name of any upcoming altcoin project there, just avoid its bounty too.

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January 26, 2020, 04:15:04 PM
 #27

I think you have a valid point, but base on the results of many altcoins bounty campaigns specially ICO and IEO base bounties, it was clearly reveal that promoting bounties is not profitable anymore. that's why only few high ranking forum members are interested to join due to its unknown prospect. let's consider also that doing researched and investigation about the project with unknown prospect is a time and effort consuming matters. that's why we can't force them to do that for us.  

Most of the now many beginner accounts that join the bounty, even I see most of the beginner accounts who participated I am sure they did not investigate or research so they continued to work for a long time and finally led to scams many participants who were not paid in return.
It's true that you say we should investigate high ranking, don't just join the bounty with the prospect of IEO let alone ICO.

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January 26, 2020, 04:22:39 PM
 #28

Honestly, i agree if bitcoin signature campaign use escrow. Of course people don't want their job is not get paid. Maybe like Yobit which paid in their site, that is why people not discuss about how they pay. But i think big members do that only to protect users in  here and nothing wrong with it.
Escrow is very important I guess for bounty campaigns. not many do that, especially for bounty projects that pay with their tokens. some do use escrow and it is more trusted and desirable by bounty hunters.
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January 26, 2020, 04:23:15 PM
 #29

It's because more than 90% of Altcoin bounties are either promoting an ico or an investment plan which will scam people sooner or later. There are allot of older project's team members who accepted that they created ico only to scam people. Why will a hero or legendary member risk his reputation on these..? Would you do it if you were one..?

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January 26, 2020, 04:24:05 PM
 #30

Hey ... so, the actual facts we receive like that. a reason for BTC payments, because the promoter doesn't want nonsense. When this might need a new revolution, prize hunters are better off accepting coins that are already on the market. For several decades the scammer trend is still on the loose, this community is supposed to be fighting the scammers, one of which is to tell everyone to the crypto-world that the project is a scam with good reason and evidence. and I think someone is used to distinguishing between scam and legitimate projects.  Roll Eyes

sometimes it would be better to receive a definite coin than having to bet with coins owned by the project that we follow the bounty campaign. if we join a project that pays for sure with bitcoin, even though it's small but that's for sure. while payments With the coins they make cannot guarantee profits, interest in the market for new coins will be difficult unless they are truly great.
Indeed, everyone will look for a payment that is absolutely certain with Bitcoin payments, but that doesn't seem to apply to everyone, because the Bitcoin payments that I know of only do signature campaigns and who also need to ask for high rankings to actually join the campaign. In my opinion for now, coins that are already on the market do not guarantee profits, because profits can depend on how you analyze them yourself in the market, especially if they are new coins, of course they will take a long time to produce stable coins on the market.

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January 26, 2020, 04:31:35 PM
 #31

The community had accepted that Bounty campaign is like a gamble, thus they are very lenient in giving red trust to the bounty managers but once the project is proven a scam then you will see swarm of red tag on the project owners account and if proven guilty, the bounty managers account too.

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January 26, 2020, 04:32:21 PM
 #32

It's because more than 90% of Altcoin bounties are either promoting an ico or an investment plan which will scam people sooner or later. There are allot of older project's team members who accepted that they created ico only to scam people. Why will a hero or legendary member risk his reputation on these..? Would you do it if you were one..?
there is a tendency for those who have high ranks to be people who are known by part of the team. or also the team can buy accounts with high rankings and manipulate as if people who have high ranks support them. it can happen. then new people will be affected by the joining of members with a large ranking.
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January 26, 2020, 04:35:12 PM
 #33

altcoin campaigns are still limited in the promotion period, they only offer a stake that may not necessarily also have value.

we can't monitor all the projects because there are so many active altcoin campaigns. The assessment base is more likely to see the reputation of the campaign manager concerned, and the community also helps assess the scam project, as ICOEthics did last year, actually bounty hunters are not alone.

Campaigns now rarely have good values, even if there is absolutely no value, it often happens to us when participating in bounties that we promote.

Now ICOEthics is no longer active in the past year even though he is very much looking forward to being active again because he is the one who is able to detect the scamer who continues to use fake profiles for the projects they are developing.

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January 26, 2020, 04:38:30 PM
 #34

altcoin campaigns are still limited in the promotion period, they only offer a stake that may not necessarily also have value.

we can't monitor all the projects because there are so many active altcoin campaigns. The assessment base is more likely to see the reputation of the campaign manager concerned, and the community also helps assess the scam project, as ICOEthics did last year, actually bounty hunters are not alone.

Campaigns now rarely have good values, even if there is absolutely no value, it often happens to us when participating in bounties that we promote.

Now ICOEthics is no longer active in the past year even though he is very much looking forward to being active again because he is the one who is able to detect the scamer who continues to use fake profiles for the projects they are developing.

agree with you, some new bounty reward has no value, not like in 2015-2016 coin like faucetoin XRB, or like stellar in 2013, that's why now im focus at campaign using bitcoin, its "stabe value" than altcoin campaign/ bounty.

i see everyday new coin/token has been created and new campaing/bounty created too, its to hard to identity new "valuable project"
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January 26, 2020, 04:42:14 PM
 #35

I understand your feelings now, but most will also do the same thing as choosing to become a bounty hunter in exchange for btc rather than tokens generated from the ICO project. Seeing the fact that the ICO project's current reputation is very bad, scamers are always around us. and of course people prefer btc gifts because they are paid for real and also not so risky.

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January 26, 2020, 04:51:09 PM
 #36

This statement raises the pros and cons. however, those who have trusted escrow are more promising than those who don't, and as far as I know, signature campaigns that pay using bitcoin use BTC as their escrow, whereas for altcoin it's very rare.
Well, many people are currently looking for project scams, but never show a good project, it's because we don't know whether the project will really be good or not. You can't say it's good, and when the project isn't good, you will be blamed for it.
however, thankfully when someone works hard to prove the project is a scam, so when someone does not find an indication of a scam on a project, you can think it's a good project, or not depending on how you see the concept of the project. however, we all have different opinions about what is a good project or not.

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January 26, 2020, 04:54:35 PM
 #37

Sad but that is the reality. They are both different that is why you should not expect the same treatment. In the services section, they are hiring/offering services such as promoting a built-up or already launched project, they don't undergo any crowdfunding, more on coming from their own pockets unlike in bounty campaigns which are really the opposite of it.



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January 26, 2020, 05:44:41 PM
 #38

I am doing the BestChange signature and sadly I noticed it too that they are giving red trust only because he did not show the fund in escrow. Then why they don't follow the same path in altcoin bounty? If they follow the same then there will be less scam project! Mate, you raised such a valuable question.

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January 26, 2020, 05:57:38 PM
 #39

I am doing the BestChange signature and sadly I noticed it too that they are giving red trust only because he did not show the fund in escrow. Then why they don't follow the same path in altcoin bounty? If they follow the same then there will be less scam project! Mate, you raised such a valuable question.
I heard with bestchange signature campaign report by many moderator forum but when you received payment at the first week you can keep continue for joining bestcange signature campaign, never worried with some one try to report it because they are not lucky received in bestchange signature campaign.

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January 26, 2020, 06:11:33 PM
 #40

Sad but that is the reality. They are both different that is why you should not expect the same treatment. In the services section, they are hiring/offering services such as promoting a built-up or already launched project, they don't undergo any crowdfunding, more on coming from their own pockets unlike in bounty campaigns which are really the opposite of it.

Op has a point but you are right too. As most of the altcoin bounty go through the crowdfunding process, and their payments rely on softcap! But yet if those high ranked member starts investigating the altcoin bounties then I think scam project will be very less! Otherwise many people will be supporting scam projects!

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