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Author Topic: Now Bounty Program totally worth less !! 90% Bounties are scam  (Read 1118 times)
Neolan (OP)
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October 08, 2020, 06:25:11 AM
 #1

I am a Bounty hunter and I know 99% people working on Bounties they really work hard. Now days bounties are really worthless. 90% Project is fake and Scam.
Entire project is nothing but a money stealing trap for immature investors. This guys are running bounty campaign and interesting to see that bounty hunters are joining blindly without checking the project is real or fake. Even the bounty manager who is managing the campaign didn’t feel it necessary to check the project deeply. This is why scammers are using bitcointalk as their source of income.          

Many Bounty Groups they arrange bounties blindly without verify team and Project . They only using bitcointalk for income. They not understand our efforts , hard working.

Event Bounty Detective Group one of the biggest Bounty Group they also Provide fakes Project Like
1- Kingcasino
2- ClipX
3- Terracredit ( looking me suspicious)

ClipX Collect Our KYC and Then They leave from all social media Platforms. They also delete their Website.

When ClipX Bounty program start They not Required any KYC after Bounty program end they said we have to passed KYC for claiming the Rewards many people did but
They not given any amount for this.
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October 08, 2020, 06:29:50 AM
 #2

That's a very usual thing to bounties these days. You are right with that projection as most of them are likely to be a scam and it's no longer that worth it of your time to be with those.
There are still remaining few that are legit but they're hard to be seen and if they do, they have a very limited budget because they are legit  and will actually show you how much the fund is.

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Tytanowy Janusz
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October 08, 2020, 06:43:48 AM
 #3

Its like that since 2018. It's good that you have mentiond KYC case. Sometimes I think that stealing KYC data is the only purpose of majority of bounties now. You know that you can earn from Bounty without even running ICO? 50$ - that's how much full KYC data is worth on darkent. If you will collect 1000 IDs from bounty hunters (blackmailing them with the lack of payment for the work already done) you just profit 50 000$.

https://bitcointalk.org/index.php?topic=5221497
https://bitcointalk.org/index.php?topic=5221497.msg54724251#msg54724251

The only bounties that I would take part in are weekly paid with coin already listed on exchange.
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October 08, 2020, 07:08:36 AM
 #4

I have a question for Bounty Hunters.

If the reward of the bounty is their tokens, isn't it considered a payment to your hard work?

I know that some bounties and projects are a scam, but it's the bounty hunters' fault for participating in the project in the first place. For their liquidity is to be determined upon acceptance of the token of the exchange, then it will have value. There are still tokens, but most of the time, it's just worth zero.

Personal information is more important than giving your documents in exchange for a small reward.

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Bubu9844
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October 08, 2020, 07:28:11 AM
 #5

Its like that since 2018. It's good that you have mentiond KYC case. Sometimes I think that stealing KYC data is the only purpose of majority of bounties now. You know that you can earn from Bounty without even running ICO? 50$ - that's how much full KYC data is worth on darkent. If you will collect 1000 IDs from bounty hunters (blackmailing them with the lack of payment for the work already done) you just profit 50 000$.

https://bitcointalk.org/index.php?topic=5221497
https://bitcointalk.org/index.php?topic=5221497.msg54724251#msg54724251

The only bounties that I would take part in are weekly paid with coin already listed on exchange.

Thanks mate for this information !! Can You tell me about Bitcointalk posting (like images , bold , links add ) information
culuuton
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October 08, 2020, 07:29:30 AM
 #6

I think 90% is still humble, in my opinion more than 95% of campaigns are scam or not valuable. Bounty hunters can participate but should not put too much hope into it until they receive payment from it. From 2018 until now, there have been countless scam campaigns.
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October 08, 2020, 07:52:12 AM
 #7

I haven't joined any altcoin bounties since the ICO hype died last 2017. Most projects turned out to be a scam, most weren't able to gather funds to even start the project or pay their bounty program.

During the ICO hype bounties past for almost only 4 months and most projects are successful whatever project it is. The projects were generous giving out rewards. There might be some hidden ems out there but it's risky to invest and waste your time promoting scam projects since only a few make it.
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October 08, 2020, 08:02:14 AM
 #8

I think 90% is still humble, in my opinion more than 95% of campaigns are scam or not valuable. Bounty hunters can participate but should not put too much hope into it until they receive payment from it. From 2018 until now, there have been countless scam campaigns.

agree on this one, it is probably around 95% at the moment, and this percentage is going up
there is no new ideas, and it seems that even if you good idea and look to find a community to support it, bounty on bitcointalk is not the best place, since there is so much scams, that serious investors would skip this site when looking for a real gem
but, this is nothing unusual, new times bring new opportunities, so people have to look what can bring earning now, and leave bounties to the past, when it was possible to get some money on it, in 2017 for example, examples from 2018-2020 when someone earned well from bounties are so scarce, or even unique
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October 08, 2020, 08:06:29 AM
 #9

I think that there are lots of scam bounties and it is always sad not to be paid for your work, but still, there are good programs that can help people make some extra money every month)

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October 08, 2020, 08:24:47 AM
 #10

Quote
I am a Bounty hunter and I know 99% people working on Bounties they really work hard. Now days bounties are really worthless. 90% Project is fake and Scam.
Entire project is nothing but a money stealing trap for immature investors. This guys are running bounty campaign and interesting to see that bounty hunters are joining blindly without checking the project is real or fake. Even the bounty manager who is managing the campaign didn’t feel it necessary to check the project deeply.
Yes there are fake and scam project in bounty campaign, that is why we have to do our own personal research to know if the project is real or not. Many people that fall victim are new users who are just joining bounty campaign to make cool money. I think it is good for them to ask question before joining bounty campaign.
Some old user who are still falling victim in the hands of scammer and fake project is because they lack personal research in  bounty campaign.
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October 08, 2020, 09:04:15 AM
 #11

When we get into downtrend, that's when there are the most scam and failed projects, so this job is never stable. we need to get a more stable job and when uptrend returns, we can still continue working in bitcointalk forums.
That's how I stay alive and not overly complaining about the crypto market out there. this is the truth and we need to understand it and find a better path for us, the crypto market is inherently arid.


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October 08, 2020, 09:19:23 AM
 #12

Clipx was a scam bounty. You will never get anything from there as it's clearly stated that the developer will not continue the project.

In another case there are so many legit bounties outta here. I have also participated in the bounty that called ARCS and I got my payment from there.
The first bounty that being managed by the bounty detective called hex has already paid the participants too. That's about how good the bounty that has already managed and this depends on the team.

What you need to do to deeply doing research about any bounties. It should be around 92% of total bounties were scam

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October 08, 2020, 09:38:05 AM
 #13

Event Bounty Detective Group one of the biggest Bounty Group they also Provide fakes Project Like
1- Kingcasino
2- ClipX
3- Terracredit ( looking me suspicious)

You say it like they are something special and a guarantee of success. Yes, they have campaigns that distributed rewards, but the amount of ended campaigns that are still pending to distribute or turned to be scam is almost identical. I would say 50/50. Same as lottery, you either win or lose.

How do you calculated "90% are scam" ? Why not 99% or 89.41%? You would better write "most of the bounties are scam". But this is not new. Same was in previous years. Hunters must not blindly join every campaign and shout that every campaign is scam now, but must dig in, research and choose wise.

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October 08, 2020, 09:44:06 AM
 #14

Yes there are fake and scam project in bounty campaign, that is why we have to do our own personal research to know if the project is real or not. Many people that fall victim are new users who are just joining bounty campaign to make cool money. I think it is good for them to ask question before joining bounty campaign.
Some old user who are still falling victim in the hands of scammer and fake project is because they lack personal research in  bounty campaign.

In most cases, bounty hunters do not conduct research on the project they have decided to participate in. This is due to the lack of knowledge of how to do it and the fact that it takes a lot of time. Therefore, bounty hunters choose as many bounties as possible to participate in in the hope that some of them will become profitable and cover their expenses.

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October 08, 2020, 09:44:26 AM
 #15

I think the ninety percent estimate is quite low, It's better to make it 99.8 percent because I believe only the 0.2 percent of all the Bounty campaigns have a potential otherwise the rest of all bounty campaigns are just wasted. I agree with you mate, Bounty Detective has some lapses regarding the bounties that they managed, But we can't do anything about it, because in the first place Bounty Detective Team doesn't force us to join any bounties that they were promoting, thats why next time you better check the project first before you join and promote it.
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October 08, 2020, 09:59:07 AM
 #16

why do people participate in such scam intentionally. Have decided to leave my profile plain without campaign, if I dont trust the projects. I feel those scam cant raise fund because of the general market condition, when FOMO rises any project, scam or not will benefit from it and what will matter is running as early before the burst. Be that as it may I dont want to support any scam hence forth and will do all my research even if the reward is peanut.

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October 08, 2020, 10:02:08 AM
 #17

I think that there are lots of scam bounties and it is always sad not to be paid for your work, but still, there are good programs that can help people make some extra money every month)

Yes there are, the problem about bounty hunters are they also looking for huge rewards in the end they need to join possible scam project that promise a big rewards and complain after they don't recieve the payment from that campaign.

I see some project that paid in weekly basis with  tokens listed in exchange its more secure to join that kind of bounties compare to those project that only promising huge rewards.

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October 08, 2020, 10:28:33 AM
 #18

Nows a days 95% bounty scam like clipx big time waste bounty I am bounty hunter how to find real bounty It is not easy to make money in bounty hunter 2020 many scam bounty run away need to be careful to join a bounties. be carefully on invest bounty only free money collect domt try invest
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October 08, 2020, 10:36:01 AM
 #19

Bounty Detective is now launching a lot of bounties but they don't do any deeper research because that's all they can afford and the end of the trickery of the project.

But I am not surprising that the money bounties managed by detectives are successful and have been distributed, meaning they are doing their best.

Not all 90% bounties, we have to choose not to be greedy, see the bounty runs first, then how will the development react if it is blind then it will be our own fault.

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October 08, 2020, 11:04:39 AM
 #20

From the begining, 90% bounty projects are scam. I think all bounty hunters know this. Even then they participate in bounty projects.  Most bounty has a rule that the team and the manager can change any rule if they want. The bounty hunters accept it and participate in the bounty. If someone doesn't like this rule, he doesn't need to participate in that bounty.No one will force him.
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