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Author Topic: Is it true that now only few bounties scams?  (Read 1099 times)
harapan
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June 01, 2020, 09:11:31 AM
 #1

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now

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June 01, 2020, 09:17:28 AM
 #2

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now

We can't really say if there are few bounties that are scam in 2020. Because it is really hard to detect them in the beginning. But thanks to those scam investigators in the forum who flag projects are early because of few signs like plagiarising Whitepaper and fake team behind.

So I would say that the numbers didn't change and perhaps it grow even more because scammers will always be here in crypto sphere as there are still a lot of people who blindly trust on them. So just be careful and always investigate first before investing your hard earn money.

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June 01, 2020, 09:27:37 AM
 #3

Unless there is a regulation with all bounty exist or they will pay in bitcoin per week, we can tell that scam bounties become few. But because a lot of bounties are paying in their native coins, still we can't say that we are already done in scam bounties.

What I noticed in bounty right now is that, the pool becomes lower. And we have to wait for a long period of time before we receive the tokens. Lastly, if they want to attract hunters, they will say that they are going to be listed in top exchanges.

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June 01, 2020, 09:41:32 AM
 #4

I can not be sure that now the fraud against the bounty is decreasing because what I know is that there is still a bounty project that continues to run but there is no certainty whether this is also called fraud?

What I know now is that bounties are still ongoing with new projects, but we here as hunters must be able to differentiate and do research on what we do with bounties.




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btc_angela
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June 01, 2020, 09:44:19 AM
 #5

Read this, ICOs Are Dead But ICO Scammers Are Immortal.

Quote
The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises they make, the soulless scammer is unencumbered by technical constraints, work ethic or any sense of decency.

So that's pretty much sum it all, scammers won't simply go away even if we are in a bear market or even in Covid-19 pandemic. They will continue to take advantage of the ICO craze, and besides, there are no regulation to really oversee what those ICO are doing, so it is going to be very difficult to stop them.

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Towerbreeze
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June 01, 2020, 09:53:53 AM
 #6

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now
Not so true, very few bounties paid this year so far, I heard Hex and Cartesi paid already, 90% of bounties in 2020 haven't paid yet, some postponed payment because of the pandemic and some are scam, you should visit scam accusation here to see for yourself

https://bitcointalk.org/index.php?board=83.0

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June 01, 2020, 09:57:04 AM
 #7

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now
Yes, that's right, at the moment there are some good bounty campaigns and on average held by bounty detectives, I will also take part in the bounty campaign that you are taking at the moment when the campaign that I'm participating in now ends, because the campaign that I'm taking part in right now soon to end.

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June 01, 2020, 09:58:56 AM
 #8

Few? Trust me you are gonna find more scam than legit even now. 2020 is a sort of mess, we can really feel how scam bounty grow since then. Most trusted projects that have been launch are mostly scam and only those project held on IEOs can be more trusted, but only few of them releases campaign like cartesi, harmony, tokoin and other ICOs are not really effective now.

Scammers will always attract investors in their hoax and fraud. Always visit scam accusation thread and you can see how many new projects being busted early for their wrong doing like copying whitepaper and using other people profile.

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June 01, 2020, 10:49:20 AM
 #9

We can't justify the statement because there will still continue to be fraud, but now you just choose to follow some projects managed by managers who successfully promote the project just try to see the bounty detective they have several projects that pay, maybe that can be your reference.
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June 01, 2020, 11:09:23 AM
 #10

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now
Not so true, very few bounties paid this year so far, I heard Hex and Cartesi paid already, 90% of bounties in 2020 haven't paid yet, some postponed payment because of the pandemic and some are scam, you should visit scam accusation here to see for yourself

https://bitcointalk.org/index.php?board=83.0
many have been paid, not only HEX and Cartesi, but those projects are not as good as HEX and Cartesi,
in my opinion 70% of bounties in 2020 are paid

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June 01, 2020, 11:13:07 AM
 #11

There are fewer that pays.
Choose wisely what bounty you will join or if you have no idea, prepare for the worse.
Still, majority of them has the possibility not to pay the participants.
Or at least pay a little with what they have promised.

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June 01, 2020, 11:16:49 AM
 #12

there are still many fraudulent projects that have arisen at the moment and I see that the bounty is currently more focused on social media slots. like a gift managed by the BOUNTY DETECTIVE manager
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June 01, 2020, 11:31:26 AM
 #13

There is no party or service that is counting.  Grin
That's the problem.
We cannot identify if there are more scams than legitimate ones.

Here is one truth though. Up until now, even with the new IEO, they are still having a difficult time to acquire the right amount to continue their projects.
They are not a scam, just cannot continue for the next bump on the road map.

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June 01, 2020, 11:32:00 AM
 #14

It's kinda difficult now to identify if such bounties or projects are scam. Because what if you joined on some bounty campaigns and then they are only good in the beginning and they already rewarded the prizes to all participants, but after their Initial Coin Offering(ICO) or Initial Exchange Offering(IEO), they don't have a value of no exchange that is listed the coin you got on the bounty campaign.





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June 01, 2020, 11:42:30 AM
 #15

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now
Now you are  being victimized by scams again,because you are wearing a scam project Lol and i am sure you will be disappointed again after that project ends.

Look at the Groups in telegram from some old timer Manager that until now there are still scamming and still majority of them,.
It's kinda difficult now to identify if such bounties or projects are scam. Because what if you joined on some bounty campaigns and then they are only good in the beginning and they already rewarded the prizes to all participants, but after their Initial Coin Offering(ICO) or Initial Exchange Offering(IEO), they don't have a value of no exchange that is listed the coin you got on the bounty campaign.

yeah and he can look at some concern accounts here that posting what they think is legit campaigns and here is one

https://bitcointalk.org/index.php?topic=5228629.0

Check those On the OP for your own safety.

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June 01, 2020, 11:45:19 AM
 #16

It's kinda difficult now to identify if such bounties or projects are scam. Because what if you joined on some bounty campaigns and then they are only good in the beginning and they already rewarded the prizes to all participants, but after their Initial Coin Offering(ICO) or Initial Exchange Offering(IEO), they don't have a value of no exchange that is listed the coin you got on the bounty campaign.

thats actually the dilemma in most bounty programs under alts section. and more prob arise when they will credit your share after weeks or months being listed in the exchange. because the price has gone down so bad, the value of your share is not worth selling.

but interested on how the OP's current sig campaign will turn out???

                                   
                                  
                                   
                                  
                                  
                                   
                                   
                                   
                                   
                                   
                                   
                                  
                                   
                                  
                                   
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June 01, 2020, 11:56:50 AM
 #17

It depends on the person choosing the bounty, with the big number of ICOs and IEOs in the market, and only few of them really shine when listed in exchange, that tells us that majority of the projects are just bound to fail, so given the it's legit, but if it will fail, it would still not gonna compensate the bounty hunters for their effort.

Identifying the bounty campaign if it's legit or not might not be hard, but to determine if will be successful, that's the hardest thing.
 


I now decide to join the signature that I use now

Well, good luck, hopefully you'll find success on the project you are promoting now.


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June 01, 2020, 12:05:37 PM
Merited by fiulpro (2), CashbackLover (1)
 #18

It depends entirely on how smart you are when doing research on bounties, if you are good with research you can easily avoid bad projects but saying scam is now limited? That's not so true mate, I found this under scam accusation section


https://bitcointalk.org/index.php?topic=5252369.0

https://bitcointalk.org/index.php?topic=5250686.0

https://bitcointalk.org/index.php?topic=5239520.0

Bounty is still ongoing for that XTRM project, there are many more bounty projects that are caught as red flag, you need to be careful

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June 01, 2020, 12:09:35 PM
 #19

There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true?
I now decide to join the signature that I use now
It is too early to think about there are less scammers in ICO industry. In my opinion, still participating in bounty campaigns must be similar to gambling. We may not put all our efforts for it but we can do only in the part-time so that we may not get big disappointment when we will be scammed again in the name of ICOs and its bounty hunting.

My humble suggestion to you is, do not listen to your friend's word. But, you must go for doing your own due diligence which alone will be helping you in a practical world. There could be fewer or many good bounty campaigns are available but how we are going to find them is the biggest challenge in front of us. I believe we can overcome such a challenge only through due diligence. So, take your time for it and find the right bounty for you and enjoy the rewards.
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June 01, 2020, 12:24:41 PM
 #20

I don't know how many bounties turn into scams because I don't follow every news of that, but I think there are many of bounties that scam so far, but we don't know about them. If you want to participate in the bounties, make sure you already read their whitepaper, check their team, or search for more news about the project so you can prevent from the scamming although that will be difficult.



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