lunnatic
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Activity: 1190
Merit: 250
COMBONetwork
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December 13, 2020, 11:38:13 PM |
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Bounty scam is going nowhere, scammers will doing their work, trying to use hunters and running after cashing out, hunters should just keep doing thorough verification before joining any bounty, that's the only way to avoid been scammed.
For new people, of course it is still difficult to avoid some kind of bounty scam, besides the lack of knowledge, scammers are also very smart in doing their job, so we have to read often so that we have extensive knowledge and also as you said as a bounty hunter we have to do deeper verification.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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CaVO32
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December 13, 2020, 11:50:57 PM |
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Bounty scam is going nowhere, scammers will doing their work, trying to use hunters and running after cashing out, hunters should just keep doing thorough verification before joining any bounty, that's the only way to avoid been scammed.
Even thorough verification, they will still be scammed if the dev team decided to run away with their stash. The bounty scam will go away if there will be no more hunters that are willing to participate their program. I think that's the only way they will be stopped. If only participants will just join bitcoin-paying campaigns handled by reputable BMs here, then only serious projects will eventually make their campaigns here in the forum.
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Smitty Werben Man Jensen
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Activity: 1568
Merit: 100
COMBONetwork
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December 13, 2020, 11:56:11 PM |
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Indeed, currently many bounties are experiencing scams, so don't get hit by a scammer, make sure before you join the bounty you have to do an analysis first.
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Banulit
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December 14, 2020, 12:48:19 AM |
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Now that the bounty hunters are being so vigilant in identifying a much legit bounties, it really lessen gradually the numbers of scam/fraud bountied which for us bounty hunter is a very good thing because at some point we can potential earn and get paid from all the hard work, effort and time that we gave for a certain bounty campaign. Hope that other bounty manager adopt the paymend method that instead of paying the project's token they maybe try to ask the developer to pay us bounty hunter in terms of stablecoins in this case I think it is a win-win situation to all the parties.
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Retainly_Collie
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Activity: 742
Merit: 102
Second Live
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December 14, 2020, 01:35:15 AM |
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Indeed, currently many bounties are experiencing scams, so don't get hit by a scammer, make sure before you join the bounty you have to do an analysis first.
Obviously it won't go away because we can't control it. Scam projects are still created and have a bounty campaign, it's so bad that even people know it's a scam but still join and contribute work to those projects. So things like that in this space will be hard to lose, to avoid wasting time and effort.
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Greatdev
Member
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Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
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December 14, 2020, 10:46:57 AM |
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Things are getting more worsen in bounties today, if you don't open your eye very well you will keep promoting scam projects over and over again, scammers are reshaping their hunting skills, now they are even using AI tech to present fake videos with real team members just to deceive, scams isn't going away anytime soon infact its getting worse
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sulendra12
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December 14, 2020, 01:05:00 PM |
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don't forget to also choose a bounty that has used escrow because in my opinion it's safer, if the bounty is complete the bounty manager will send payments directly to bounty hunter
The reward is safe yeah. But the worth/the value of the reward is still questionable. If the reward you get from bounty worth nothing once get listed in exchange, then that token is pretty much useless. I mean, having an escrow to escrow the funds is really good and make the project much more trusted but still it's back to the team about how do they manage the price to stay in good-range.
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Dr.Osh
Legendary
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Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
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December 14, 2020, 01:05:51 PM |
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people will learn about the characteristics of a bounty scam. it's just that, there are still many people who don't learn about it, and immediately register themselves, and do assignments without doing research. this is proven by so many reports of the results of working on social media bounties. after all, there will always be people like that, but little by little, people will learn the difference between choosing a potential scam project, and also not.
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josgandosbro
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https://imgur.com/cUCkVsv
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December 14, 2020, 02:23:15 PM |
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actually the bounty scam will never disappear gradually instead it will continue to grow if the market looks green or there is some hype, like some time ago when the Defi hype, we see thousands of scammers popping up every day and to avoid all that we must research carefully
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hannahB4
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Activity: 532
Merit: 13
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December 14, 2020, 03:26:12 PM |
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I don't think to agree to bounty scam going gradually away, we have many greedy investors who will continue to take advantage of bounty hunters and since this deals with human beings I doubt if is going to go but I will rather say reduced because I know many new development will arise to curb all this cheat.
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bison
Full Member
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Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
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December 14, 2020, 03:31:41 PM |
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I don't think to agree to bounty scam going gradually away, we have many greedy investors who will continue to take advantage of bounty hunters and since this deals with human beings I doubt if is going to go but I will rather say reduced because I know many new development will arise to curb all this cheat.
I think the emphasis is on the rules set by the manager. when all campaign managers can band together to only promote the projects they are researched and good at, there will be fewer con artists. so we can trust projects handled by the manager, not projects handled by his own team.
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Davian144
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December 14, 2020, 03:58:02 PM |
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I don't think to agree to bounty scam going gradually away, we have many greedy investors who will continue to take advantage of bounty hunters and since this deals with human beings I doubt if is going to go but I will rather say reduced because I know many new development will arise to curb all this cheat.
If we look at it basically, everyone will not like and agree with all the fraudsters in crypto, so if in the future there will be new developments that can curb all scammers, I think it is much better because with such a thing, the scammers will starts to diminish and those who intend to cheat again will think up to 10 times to do it.
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gurunanakji777
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Activity: 2086
Merit: 100
Chainjoes.com
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December 14, 2020, 06:10:06 PM |
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It's good some campaigns are paying in BTC but we can not say the bounty scam will gradually go away because it is very very limited. Scammers will keep scamming the way they are doing for a long. It depends on us how wisely we select the project. Even bounty hunters know very well most of the projects scam the hunters.
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cryptoknightt
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December 14, 2020, 07:57:14 PM |
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I might even expect everyone to do so but it won't be easy and it is unlikely that all the scam projects will disappear. considering there are so many projects popping up every day. but trying to see changes about the project also doesn't hurt while adding to our experience in selecting projects.
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konflikkastil
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Activity: 879
Merit: 10
Binance #Smart World Global Token
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December 14, 2020, 08:16:44 PM |
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I must tell us the bitter truth here, I do not believe bounty scam go away in one night. As long as there are still good bounty projects, there will always be bad ones which we refers to as bounty scam. What we should expect in the coming years is the reduction in this bounty scam. When projects managers ensures that measures are put in put to curb this huge scam. Only God knows the number of projects that we are having in cryptocurrencies world monthly. This calls for a big concern, cause the rate of scams has increased erroneously.
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angrynerd88
Sr. Member
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Activity: 910
Merit: 253
Hodlers Network
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December 14, 2020, 08:51:07 PM |
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For me, social media campaign most target oriented and it is old way with bitcoin installments. And they are moreover not a ensure that they will not trap bounty seekers unless they have escrowed. Extortion ought to have been dodged on the off chance that the bounty supervisor challenged to deny a extend that needed to hold a bounty but they did not escrow reserves or tokens some time recently the bounty started. Conjointly I think that extortion will not be effectively misplaced, perhaps the bounty campaign will gradually vanish since of the expanding number of false campaigns and members who deceive and plagiarization.
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vaultman
Copper Member
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Activity: 493
Merit: 170
BountyMarketCap
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December 14, 2020, 09:03:51 PM |
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I don't quite understand what has changed, even if in this case they may not pay for participation. Only the form of payment has changed, and there were no guarantees either. I believe that here we need to completely change the registration system for bounty campaigns. It is necessary to register with a passport to create any topic in the bounty section, as well as make it necessary to make a deposit for the creators of the project. This will be a really effective step to prevent fraudulent bounty campaigns.
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Westinhome
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December 14, 2020, 09:42:03 PM |
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Ive always read some threads in here now about complaining of the bounty campaign, And one the concern they say is not receiving a bounty rewards or a scam bounty. And we all know on the year of 2020 we all experience so many bounty campaign that would not distributed a bounty rewards or else leaving the project and gone in any social media they have. But until now we always here finding such a trusted bounty campaign and hoping they will be back again in the track.
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posi
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December 14, 2020, 09:45:34 PM |
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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,
The social media bounty making payment in BTC give social media bounty participants feels but the project owner appears to be interested in Twitter and articles campaign than facebook and the explanation behind is what I dont understand even with the scam activities done on Twitter. With that been said, if some bounty manager dont upgrade their responsibility as a manager bounty scam may still exist.
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DamonWilliam
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December 27, 2020, 10:16:40 AM Merited by saimondanya (1) |
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Scammers will always find new ways to scam investors, so it's not going to be easy for scammers to exit, even if you are smart and know how to do good research you might still fall for scam tricks, quit expecting scammers to quit crypto, it's never going to come true
Well, yes, there are no guarantees that you will not fall for deception, here you just need to be as careful as possible. Even the most reliable project can expect that you can be deceived, with this approach to projects the percentage of deception will decrease, because most often inexperienced beginners are deceived.
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