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Author Topic: The bounty scam will gradually go away  (Read 47787 times)
rahmatullah9305
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November 17, 2020, 04:13:33 AM
 #321

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.
True, if it is not made in the near future, then new investors will always be deceived when they try to enter the crypto realm, so functionally the law against scammers will clearly function very well in the future to minimize the occurrence of scams on each project.
bryant.coleman
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November 17, 2020, 04:52:22 AM
 #322

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.

One of the issues is that cryptocurrency is a relatively new market and every year we have tens of millions of people who are investing in it for the first time. The scammers mostly target these people, who sometimes fall in to outlandish claims of massive profits. To complicate things further, cryptocurrency is decentralized and there is no central authority where the users can look for guidance. And if they turn to other sources, there are more scammers then ordinary investors present.
Delisaara
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November 17, 2020, 10:14:23 AM
 #323

I have quit the bounty for two years, because of many frauds and many failed projects .. and now I am starting to jump into the bounty again, because I saw many positive developments, many projects that pay off, unlike last year, many tricked bounty hunters

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November 17, 2020, 11:36:11 AM
 #324

I have quit the bounty for two years, because of many frauds and many failed projects .. and now I am starting to jump into the bounty again, because I saw many positive developments, many projects that pay off, unlike last year, many tricked bounty hunters
This year it seems that many successful projects have started, I have participated in several bounty projects, and the results I got were quite good, maybe because of the high price of bitcoin as well, making several new projects successful. I look forward to more bounty successes in the coming year

The increase in bitcoin prices really affects the income of the current bounty participants and there are many crypto projects that get quite a big profit on each of their sales so that automatically this also has a very positive impact on the bounty participants even though currently bitcoin prices have started to rise and there are many good projects that appears, but we should still be careful in choosing projects for us to follow because in my opinion the crypto scam project has not completely disappeared right now and there are still some crypto projects that still seem to be indicated as scam projects.

escalante28
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November 17, 2020, 03:56:00 PM
 #325

I don't think bounty scam will go away no matter what rules or what app you will put to detect those scammers. There will always be cheating and scamming that will happen believe me. (Lol). But the things you are saying are good anyway to lessen the scammers and cheaters in the bounty program, in such way those hard-working bounty hunters and project that is in good faith will be rewarded fairly.
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November 17, 2020, 05:37:36 PM
 #326

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
Fraudsters keep updating their ways if they think their way to cheat has started to be discovered, they will never stop until whenever.  I've been in crypto for 3 years and I see them keep appearing and never run out, joining the current bounty is a 50% chance of success and 50% chance of a scam.  do not rush to join the bounty program, learn more about their whitepaper..

Daras
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November 17, 2020, 07:09:00 PM
 #327

It is not impossible to have scam free bounty but it will be a bit difficult and will take longer time to filter.This is possible if there will proper monitoring and and if the bounty project can pass through some sort of vetting/scrutiny. Also there is need to properly study the project if its a scam there will be some hint that will indicate that.
onecall123
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November 18, 2020, 03:03:44 PM
 #328

It is not impossible to have scam free bounty but it will be a bit difficult and will take longer time to filter.This is possible if there will proper monitoring and and if the bounty project can pass through some sort of vetting/scrutiny. Also there is need to properly study the project if its a scam there will be some hint that will indicate that.
From my side, this is somewhat cycle that has no closure. There are bunches of bounty hunters unwilling to go through a proper case study before joining a project. Act so lazy, and keep applying even though the project is an obvious scam. You won't change other brain so let the game proceed.

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XCANA
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November 18, 2020, 03:12:48 PM
 #329

It is not impossible to have scam free bounty but it will be a bit difficult and will take longer time to filter.This is possible if there will proper monitoring and and if the bounty project can pass through some sort of vetting/scrutiny. Also there is need to properly study the project if its a scam there will be some hint that will indicate that.
From my side, this is somewhat cycle that has no closure. There are bunches of bounty hunters unwilling to go through a proper case study before joining a project. Act so lazy, and keep applying even though the project is an obvious scam. You won't change other brain so let the game proceed.
Your response are good, this draw my attention on the recent announcement made from service section about a particular project which intended to make their awareness in the forum, after them be accused for scam related issues some promoters still went ahead to make promotion for the same project that was accused of scam. There are those with desperate minds to promote anything promotable irrespective of the fact that the project stand for scam.

fadhilz123
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November 18, 2020, 11:50:00 PM
 #330

People learn from their mistakes and try not to do it again, so they will choose only quality projects, they learn everything before they are joining. And if many people do like this and Yes The bounty scam will gradually go away.

I see in the bounty section there is lots of bounty campaign managed by an untrusted manager and people who join most of them are a newbie because, for people who have the knowledge they will skip it, this is the sign that bounty scam will gradually go away.

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gbrendeh
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November 18, 2020, 11:58:43 PM
 #331

The bounty scam can ONLY go away when the greed in human beings is totally neutralized. Participants want to scam project owners by enrolling multiple accounts while some campaigns are just using bounty hunters' time as they knew the reward will not be distributed. This kind of scenario will continue. The only thing to avert such is to engage in a noteworthy project that has some chance to succeed.
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November 19, 2020, 02:49:08 AM
 #332

It is imposible that bounty scams will go away because there is always a fool bounty manager that Operates bounty even he knows that it is a scam, it is just a money matter for them and also for the part of bounty hunters be careful on what bounty you have may join and please do more effort to conduct a research for it.

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November 19, 2020, 06:29:18 AM
 #333

There are more scam bounty projects on this forum today because of the greenish market since DeFi hype and success begins, if you can do good research on the bounties in altcoin section you will see that most projects there are from scammers, be more careful with bounties from newbies accounts.

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November 19, 2020, 06:51:25 AM
 #334

Your job is to avoid scammers by doing research, stop hoping for scammers to go away themselves, if that happens it means that crypto is dead, for wherever there is success and profits scammers will always be available to take advantage
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November 19, 2020, 07:10:06 AM
 #335

It is imposible that bounty scams will go away because there is always a fool bounty manager that Operates bounty even he knows that it is a scam, it is just a money matter for them and also for the part of bounty hunters be careful on what bounty you have may join and please do more effort to conduct a research for it.
Recently there's a bounty campaign that called yearn global that has abandoned the campaign and the project itself. that means if this can be confirmed as a crap project.
The scam bounty will always exist along with the crypto scammers too. I think that this time the total scam bounty is a bit reduced compared with the last year.

This time the bounty section is quite better than what it was before when a bunch of scam bounties appeared at the same time.
Yearn global isn't the only scam project in bounties section presently, many bounty hunters are still promoting projects blindly, they aim for big rewards because of the probably upcoming altcoin season but they don't know that scammers have the same aim too

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November 19, 2020, 11:48:18 AM
 #336

Fraud will disappear from the bounty only with the complete disappearance of the bounty companies themselves. They are closely related to each other. While there is an opportunity to get money in a fraudulent way, the scammers will not refuse such an opportunity, and it is not possible to track everything.
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November 19, 2020, 11:54:39 AM
 #337

Fraud will disappear from the bounty only with the complete disappearance of the bounty companies themselves. They are closely related to each other. While there is an opportunity to get money in a fraudulent way, the scammers will not refuse such an opportunity, and it is not possible to track everything.
He didnt know that. Some managers are good with bringing scam projects on board because of their selfish reasons, we should identify them and avoid their project, if possible tag them. They understand what investors and hunters are looking for in projects. They even provide very attractive reward but things are changing now and we dont fall for those craft. The bear market has thought us so many lessons even as we hunt some bounties. follow credible managers, learn to research project and follow the project.

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kayvie
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November 19, 2020, 12:10:00 PM
 #338

Your job is to avoid scammers by doing research, stop hoping for scammers to go away themselves, if that happens it means that crypto is dead, for wherever there is success and profits scammers will always be available to take advantage
It is not a job, it is our responsibility to avoid it. They won't go away since there is money involved that's why it is best if we try our best to avoid them. Since scammers are always there waiting for the right time and for their victims, we should continue to be more strict on investigating projects to avoid scammers.
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November 19, 2020, 12:14:23 PM
 #339

Yearn global isn't the only scam project in bounties section presently, many bounty hunters are still promoting projects blindly, they aim for big rewards because of the probably upcoming altcoin season but they don't know that scammers have the same aim too
It has always been like this in forums. the more projects, the greater the percentage of scammers. when many projects are successful the scammer will always be in between. we have to limit ourselves to choosing projects that we actually research on our own. and of course we already know the risks of supporting the project, including the possibility of a scam.
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November 19, 2020, 01:47:24 PM
 #340

Your job is to avoid scammers by doing research, stop hoping for scammers to go away themselves, if that happens it means that crypto is dead, for wherever there is success and profits scammers will always be available to take advantage
It is not a job, it is our responsibility to avoid it. They won't go away since there is money involved that's why it is best if we try our best to avoid them. Since scammers are always there waiting for the right time and for their victims, we should continue to be more strict on investigating projects to avoid scammers.
you are right, they will always be there and waiting for us in the middle of anyone they can use. our job is to do our best to avoid scammers. however, we have seen many successful projects as well as many failed projects. we will definitely learn a lot.
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