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Author Topic: The bounty scam will gradually go away  (Read 47798 times)
Ludmilla_rose1995
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November 14, 2020, 08:29:22 AM
 #301

There are always scammers in every cryptocurrency project. I think the scam in the bounty program cannot be eliminated, because scammers always have new ways to earn profits. Most of the scam victims are beginners who don't understand much about cryptocurrency. Maybe we all should research more in detail about the project we are going to, whether joining the bounty or investment program

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November 14, 2020, 09:17:35 AM
 #302

Can you point us to such campaigns. we will gladly join without complain. For the scam bounties. it will never stop. i can not stop as long as this space is not regulated. we can not forget the immense Job of the admins that spots out fake bounties especially those with copied whitepaper, Newly created websites and with former scam projects. Also a reminder that id sales is a huge business in the dark web.
In my opinion it will be very difficult to find such a bounty, because it is very rare to find a social media bounty doing audits, there may be some bounty projects for social media campaigns that do audits, you can find out for yourself but I don't know if the project is a scam or not you can judge for themselves how scammer they are or not.

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November 14, 2020, 10:15:58 AM
 #303

no one can say that scammer will disappear in the next few days or seasons. Because as the crypto world grows and advances so do scam projects. So we just have to be more careful so that we avoid being fooled and deceived by these fraudulent people.

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November 14, 2020, 10:51:46 AM
 #304

There is hugh money in crypto space that's why it's a perfect haven for scammers, if you think that scammers will leave this space its a big lie, it's better to prepare yourself for new projects and do good research on the projects to safe your neck

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November 14, 2020, 10:55:00 AM
 #305

There is hugh money in crypto space that's why it's a perfect haven for scammers, if you think that scammers will leave this space its a big lie, it's better to prepare yourself for new projects and do good research on the projects to safe your neck

The bounty scam will never go away. The new projects will keep on coming every day and few of them will always scam the investors and the bounty hunters. What's more sad is that there are few scammers who keep coming up with the new projects to scam people but with new coins and projects every time.
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November 14, 2020, 02:31:26 PM
 #306

bounty fraud will still exist because social media such as Facebook, Twitter, and Instagram are still a lot of people who sell it and it is sold at a cheap price. Many hunters buy Twitter accounts with thousands of followers and make it all seem easy. the price is cheap and it is an opportunity for bounty hunters to add to their accounts.


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November 14, 2020, 03:16:08 PM
 #307

I think bounty projects aren't as organized as they used to be because new projects are getting smaller. To organize a bounty program project owners need to pay the manager up front so that they create a bounty campaign theme. They need to consider how fundraising works before organizing such a program. I have observed that bonus schemes are getting lesser nowadays. There was a recent scam project CLIPX stole the hunters' KYC and disappeared. I could not have imagined that they would be able to cheat that way.
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November 14, 2020, 03:50:37 PM
 #308

There is no way to get rid of scammers from crypto world, every day in crypto space is fill with different opportunities, scammers aren't going to stop scamming newbies especially, one thing I do hope for is newbies will start learning about how to avoid scam projects instead of rushing to try new things out

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November 14, 2020, 03:51:03 PM
 #309

Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
Well it's really are good to have the audit on Twitter to prevent accounts that has a fake followers, but still it's not enough to stop the scammers from scamming. IMO, the current technology does not have the full capability to stop scammers from scamming in bounty projects due to wide aspect of internet. The pandemic have change everything and soon Internet will be the main medium of transaction so better to expect that the government will do it too and soon take some actions to control and reduce the scammers.

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November 14, 2020, 04:15:30 PM
 #310

Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
OP I believe that your point is mainly talking about bitcoin paying bounties only, what about altcoin bounties? That's where scammers target hunters to promote their scam projects, there isn't scam projects using Bitcoin to pay bounty hunters, scammers will always use bounty hunters that have no research skills

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November 14, 2020, 04:37:51 PM
 #311

However, it is acceptable to see that there are presently web-based media crusades that are bitcoin paying. Numerous instances of misuse has been submitted going from not paying their commitment and blaming abundance members for cheating to avoid paying. I imagine that misrepresentation won't be effectively lost, perhaps the abundance mission will gradually vanish due to the expanding number of deceitful missions and members who cheat and literary theft.
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November 14, 2020, 05:52:58 PM
 #312

If you want to be a real bounty hunters start taking some responsibility like doing research and making decisions yourself, when failure occurs you should learn from them and move on, bounties are unpredictable as they can bring good rewards some times, change the way you choose projects to promote to reduce your bounties failure

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November 14, 2020, 06:11:34 PM
 #313

Undoubtedly, if the Bounty Hunters are more attentive, the scammers will stop offering them jobs, since everyone will know about their plans. Today the situation is such that some Bounty companies on the forum are too obviously in doubt, but the Bounty Hunters are still involved in these projects. I believe that if a person is not well versed in how exactly to do research on a specific project, then at least he should pay attention to the bounty manager, since an authoritative Bounty manager can be a certain guarantee.
Yeah, to knockout the scammers, The bounty hunter must be smart when choosing a project. Before deciding to join a project, The main task of the bounty hunter is to check the bounty website, and see if it's transparent or not, such as the number of supply coins and the roadmap on the bounty, usually a good bounty will be transparent at the time of pre-sale and token sale, and of course the role of a manager is very important, usually good projects will always employ the services of a well-known manager.

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November 14, 2020, 06:12:04 PM
 #314

I think bounty projects aren't as organized as they used to be because new projects are getting smaller. To organize a bounty program project owners need to pay the manager up front so that they create a bounty campaign theme. They need to consider how fundraising works before organizing such a program. I have observed that bonus schemes are getting lesser nowadays. There was a recent scam project CLIPX stole the hunters' KYC and disappeared. I could not have imagined that they would be able to cheat that way.
So many exit scam happen before especially when Altcoins were too popular, by that time campaigns were managed by different top managers and so what more now that the campaigns are too few and managed sometime by not experienced campaign managers. Bounty can be replace now or lessen into signature campaign and better payable in BTC than their coin that may not have any value in exchanges.

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November 16, 2020, 03:36:54 PM
 #315

I think bounty projects aren't as organized as they used to be because new projects are getting smaller. To organize a bounty program project owners need to pay the manager up front so that they create a bounty campaign theme. They need to consider how fundraising works before organizing such a program. I have observed that bonus schemes are getting lesser nowadays. There was a recent scam project CLIPX stole the hunters' KYC and disappeared. I could not have imagined that they would be able to cheat that way.
So many exit scam happen before especially when Altcoins were too popular, by that time campaigns were managed by different top managers and so what more now that the campaigns are too few and managed sometime by not experienced campaign managers. Bounty can be replace now or lessen into signature campaign and better payable in BTC than their coin that may not have any value in exchanges.
Paying in Bitcoin pays off, but it also picks the participant. The campaign bounty should be open to everyone and it is because of the scam campaign bounties that appear. We need to accept the issue of the campaign bonus. Good best is know how to get to know and from the remote project that you feel you do not trust.
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November 16, 2020, 05:00:09 PM
 #316

Undoubtedly, if the Bounty Hunters are more attentive, the scammers will stop offering them jobs, since everyone will know about their plans. Today the situation is such that some Bounty companies on the forum are too obviously in doubt, but the Bounty Hunters are still involved in these projects. I believe that if a person is not well versed in how exactly to do research on a specific project, then at least he should pay attention to the bounty manager, since an authoritative Bounty manager can be a certain guarantee.
Yeah, to knockout the scammers, The bounty hunter must be smart when choosing a project. Before deciding to join a project, The main task of the bounty hunter is to check the bounty website, and see if it's transparent or not, such as the number of supply coins and the roadmap on the bounty, usually a good bounty will be transparent at the time of pre-sale and token sale, and of course the role of a manager is very important, usually good projects will always employ the services of a well-known manager.
Well you are partially right but some times very low looking project can gain the upper hand and bring good rewards to bounty hunters, you can never predicts what the end result of a project will be, I've underestimate some bounties in the past and those that I choose end up pretty bad

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November 16, 2020, 07:54:44 PM
 #317

Until now there has been no formula to drive scam projects out of the crypto space. They will continue to haunt the crypto space which always makes bounty hunters restless, they are like parasites living on the suffering of others. The main task of the bounty hunter is to research every project they will participate in so they don't get caught up in a scam project.
Undoubtedly, if the Bounty Hunters are more attentive, the scammers will stop offering them jobs, since everyone will know about their plans. Today the situation is such that some Bounty companies on the forum are too obviously in doubt, but the Bounty Hunters are still involved in these projects. I believe that if a person is not well versed in how exactly to do research on a specific project, then at least he should pay attention to the bounty manager, since an authoritative Bounty manager can be a certain guarantee.

It is a shame that scammers exist here. I believe that soon, the crypto society will work out the scheme of watching each project and checking and background of every team. The law about these scammers can also work. Otherwise, thousands if not millions of deceived investors will suffer.
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November 16, 2020, 09:29:32 PM
 #318

Do you really think this will be corrected? Or fade away? I don't think bounty scam will end that easily because hence there are scammers in Crypto space, there will certainly be bounty scammers. What everyone needs now is to always wish not to encounter such. Even some trading bounties do scam. It's what it is.
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November 16, 2020, 10:12:05 PM
 #319

Old Members in bitcointalk forum are tired to promote campaigns without any payment. So before joining in any campaign they will learn it, to avoid any scam bounty. But for new people who join this forum, they are very excited to join the bounty and will skip to learn it before joining. But don't worry in the end they will be tired and stop join in the untrusted bounty campaign. And YES the bounty scam will gradually go away

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baiwei
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November 17, 2020, 01:04:08 AM
 #320

Bounty scams are unlikely to disappear in the market because as the cryptomarket grows and grows, exploitative people are also increasing to do these scam projects. So we just have to be more critical of the bounty projects we participate in, because learning is one of the good process of indentifying good ones.
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