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Author Topic: 90% Of Project Bounties Are Scams  (Read 1743 times)
Chris Barth
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April 23, 2020, 02:11:28 PM
 #241

It's quite unfortunate that there's no eyes that can fully differentiate between a scam bounty and a good one. In everything we do in life, there's always a bad part. Just do what you can and leave what you can't. And also, don't put too much hope so you don't feel too bad when something goes wrong.

Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
Zionatin
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April 23, 2020, 03:02:26 PM
 #242

People need to appreciate their own time more and respect it. There is nothing wrong with wanting extra income and being willing to work for it is great. The problem is these mindless drones of people just signup to any project and just use spammy accounts. This ruins things for other hunters and many times these people do not even check if the project is a scam or not. Sometimes I feel people like wasting their time.

Please take the time to do full research about the project you do bounty for. You work for money that you invest into tokens or you work as a hunter and earn tokens. Either way, you work. So do not work for no reason.
rexxarofmoknathal
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April 23, 2020, 03:25:32 PM
 #243

Just because the vast majority of bounties fail doesn't mean they're scams.

Most bounties state quite clearly that there is no guarantee you'll get paid anything at all. They're a numbers game, or if you know what to look for you, you can minimize the risk of failure.

You should expect that 90% of bounties will fail, so you better ensure that the 10% that succeed sufficiently covers the effort you put into all the bounties you work with.





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Bukata
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April 23, 2020, 06:35:41 PM
 #244

Alot of campaigns are fake, and some people might not be able to dictate scams, presently in this period that the market is down, people should just be very careful
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April 23, 2020, 07:08:45 PM
 #245

Just because the vast majority of bounties fail doesn't mean they're scams.

Most bounties state quite clearly that there is no guarantee you'll get paid anything at all. They're a numbers game, or if you know what to look for you, you can minimize the risk of failure.

You should expect that 90% of bounties will fail, so you better ensure that the 10% that succeed sufficiently covers the effort you put into all the bounties you work with.

Even if they fail and their altcoin doesnt worth 1 satoshi, why not still send reward to bounty hunter? I would not mind having this worthless token in my wallet. Who know who would create a buy order on etherdelta or forkdelta for example.

For example lets take Miracle Tele scam projects. There are numerous proofs that it has failed, but trades still goes on according to contract

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Retainly_Collie
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April 23, 2020, 07:35:49 PM
 #246

Alot of campaigns are fake, and some people might not be able to dictate scams, presently in this period that the market is down, people should just be very careful
Even if we are on a bull market, we will see a lot of scam projects appear here. It is important that we have experience for ourselves and choose good campaigns to participate in, to avoid wasting time and energy.

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April 23, 2020, 08:12:11 PM
 #247

It's quite unfortunate that there's no eyes that can fully differentiate between a scam bounty and a good one. In everything we do in life, there's always a bad part. Just do what you can and leave what you can't. And also, don't put too much hope so you don't feel too bad when something goes wrong.
you always have your eyes. when you will be in the cryptocurrency market for a long time, then you can easily see the difference between bad and good projects. and your scam bounty campaign statistics will be much lower.


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Firefoxx
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April 23, 2020, 09:38:29 PM
 #248

This is absolutely the truth, many bounty this days are full of scams, I have done many that ended up being nothing and some that were something but team out of greediness refused paying hunters, it's just few bounty that pays and that is bounty with good team and considerate mindsets.

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April 23, 2020, 09:48:51 PM
 #249

This is absolutely the truth, many bounty this days are full of scams, I have done many that ended up being nothing and some that were something but team out of greediness refused paying hunters, it's just few bounty that pays and that is bounty with good team and considerate mindsets.
I don't think that all bounty campaigns experience scams. Many bounty managers don't pay for them, but I am sure that of the many scam projects, there are still bounty campaigns that are successful and can give pretty good results.
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April 28, 2020, 04:21:21 PM
 #250

bounties are dying. i am monitoring only for one bounty manager and participate only in his campaigns. it means that last  year i almost not participate in bounties. find your bounty manager.
Never rely too much on bounty managers. Sometimes they make mistakes and manage bullshit campaigns. You should do your own research and choose the best campaigns to join

your words was sound good two years ago. now only bounty manager you trust. everybody make mistake, there is no bm who service 100\100 profit and good projects. i do not know new bms. most of them do not give a sh8t thair project scam or not, they was payd with btc or eth, not projects tokens.
working only with guy you most trust.

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April 28, 2020, 04:33:32 PM
 #251

I joined this forum 3 years ago and have participated in bounty campaigns. I make lots of bounty campaigns but only a few projects pay me valuable tokens. Most they don't pay for my efforts to promote their projects to the community on this bitcointalk forum. I hope the well-known bounty campaign management teams will select reputable projects to promote. As such, it helps the bounty hunters like me have more confidence in new cryptocurrency projects.

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April 28, 2020, 04:46:12 PM
 #252

The perfect question is are you willing to take your chances with the remaining 10% ? Don't say NO, I don't see any reason not to take the advantage of that remaining 10% because few bounties will still be profitable this year
If we throw the question to everyone or all bounty hunters, of course the answer they give is willing, not not, because everyone would want to profit even though only 10% of the potential is in the current bounty project.
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April 28, 2020, 04:48:10 PM
 #253

What should we called projects that are listed and trading on exchanges that failed to distribute to bounty hunters? Scam too? it's really not easy to become a bounty hunter, payment is not guaranteed

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April 28, 2020, 04:52:23 PM
 #254

the reason I chose a bounty that already has a market is that now it's hard to find bounties that really pay. the potential of bounties that already have a market is greater than those without a market because if they don't pay, it will only damage their image, especially if they have sales in popular markets. so far, not many bounties like that. choose a bounty that already has sales in a large market.
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April 28, 2020, 05:04:00 PM
 #255

This is absolutely the truth, many bounty this days are full of scams, I have done many that ended up being nothing and some that were something but team out of greediness refused paying hunters, it's just few bounty that pays and that is bounty with good team and considerate mindsets.
I don't think that all bounty campaigns experience scams. Many bounty managers don't pay for them, but I am sure that of the many scam projects, there are still bounty campaigns that are successful and can give pretty good results.
I see now there are still many bounty projects that are scattered and already listed on the exchange, maybe that could be our chance to take part in the promotion, therefore don't assume all projects are scams and don't pay hunters, maybe it's just a few and the rest pay with right.

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April 28, 2020, 05:23:09 PM
 #256

What should we called projects that are listed and trading on exchanges that failed to distribute to bounty hunters? Scam too? it's really not easy to become a bounty hunter, payment is not guaranteed
Such a project is not said to be a scam by investors, because investors are certainly paid if the project is successful, but bounty hunters will still call such a project a Scam, because their rights are not paid by the team or the manager who holds the project.

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April 28, 2020, 05:37:14 PM
 #257

Alot of campaigns are fake, and some people might not be able to dictate scams, presently in this period that the market is down, people should just be very careful
Yes, being careful is very necessary, but we also have to act to find out whether the campaign is fake or not, because if we only sit out of caution, we will also not get anything in the current conditions.
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April 28, 2020, 05:40:42 PM
 #258

What should we called projects that are listed and trading on exchanges that failed to distribute to bounty hunters? Scam too? it's really not easy to become a bounty hunter, payment is not guaranteed

Well.. there are a few such projects. And know what... these guys will always be having some stupid excuse for doing that. Sometimes they will make KYC mandatory at the end, despite not mentioning about it in the beginning. And in some cases, they may delay the payment by a few months saying that it is being done in order to prevent the dumping of tokens by the bounty hunters.
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April 28, 2020, 05:55:32 PM
 #259

In cases of fraud like this, Bounty manager is not entirely to blame. Because a manager only manages the bounty until it's finished, then all tasks will change hands with the bounty team itself.
Indeed, bounty fraud is very much happening, and they do various ways to destroy the dreams of bounty hunters, even when the bounty is running, Bounty Hunter has a very important role in promoting their project. When the bounty ends, they do various ways to fool the bounty hunters, and make bounty hunters like beggars who expect their mercy.

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April 28, 2020, 05:56:20 PM
 #260

What should we called projects that are listed and trading on exchanges that failed to distribute to bounty hunters? Scam too? it's really not easy to become a bounty hunter, payment is not guaranteed
Such a project is not said to be a scam by investors, because investors are certainly paid if the project is successful, but bounty hunters will still call such a project a Scam, because their rights are not paid by the team or the manager who holds the project.
That is true. This is where the side of an investor and the bounty hunter will be divided. It is indeed true that the investors get their investment as there will be no problem because they are the priority of the project, and on the other side, the bounty hunters will think that the project is a scam because they are not being paid. In this case, this is already a scam wherein the project cannot provide what they promised and the name of the project will have a bad reputation that can even reach the investors' attention.
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