Pain of bounty hunters

[Shasha80]

Everything that was told in the opening post regarding bounty hunters is true, so don't take part in the bounty campaign if you don't
have the patience and mentally strong. Because it is likely that the efforts we have done are not in accordance with the rewards we get.
Since 2019 until now, the rewards I get from the bounty campaign are around $ 5- $ 20, very different from the rewards that I get when
2017-2018. The golden age of bounty hunters when ICOs became a trend and the price of Bitcoin was at an all time high.

[posi]

I totally support the OP statement but the naive bounty is also the reason bounty hunters are blamed for token price dump because they also believe the token sales done by bounty is enough to influence the price of new token whereas every exchange listed token should be expected dump in price after early traders receive their trading competition reward token.

It is clear that the
Bounty allocation is very small compared to the entire volume of the respective token into circulation. Finally the blame will be over the bounty hunters. However there are
platforms that perfectly schedule and let the tokens grow in value than facing decline once listed to Exchanges. When it comes to bounty Managers, in most cases they does what's been assigned to them. It is the value of the project and not the bounty hunters to be blamed.

It acceptable that no bounty manager will wipe out the agreement between him and the project team but some bounty causes some pain to bounty hunters in terms of payment thats another topic though. You said there are platforms that will influence the increase in price of token rather than it dump in price. Could you explain?

[Gotumoot]

Also some pain of bounty hunters:
Seeing their rewards but not receiving it on time.
Seeing the price drop down and couldn't take their profit because they still doesn't receive their reward.
Holding some useless rewards because the project didn't continue.

[prince V]

I feel that not all bounty managers have respect for bounty participants, I have experienced a bounty manager changing bounty allocations when his bounty campaign ended and gave very few rewards to participants.
Those who have respect for bounty participants will not want to accept a bounty program that only provides a small reward.

[CyberKuro]

Also some pain of bounty hunters:
Seeing their rewards but not receiving it on time.
Seeing the price drop down and couldn't take their profit because they still doesn't receive their reward.
Holding some useless rewards because the project didn't continue.

Really pain in the heart, but it happen a lot with thousands of useless or discontinuous projects.
The first thing that bounty hunter need to do is research whether the project is legit and may have a good application/utility.
Second thing, although the project is legit, it doesn't guarantee what will happen with the project development in the future.
Many bounty hunters don't receive coins at the right time and turns out it just a shit coin, not worth the effort and time they have put in.

[btcltcdigger]

I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.

I know it's not easy to manage a bounty campaign as you will receive thousands of messages from irritating users, there will be hundreds of fake entries in the spreadsheet then you real users disputing that they didn't receive stakes because some imposters have entered their address against the real user's name and sometimes bounty managers or dev team's response would not be the politest one.

But at the same time there are hundreds of hardworking bounty hunters who work really hard in the hope that their efforts would be rewarded but all the efforts are shadowed by the wrongdoings of few cheap users with fake accounts who bombard, spam the bounty groups and harass bounty managers as a result whole bounty hunter community is looked with suspicious and selfish.

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.


I have made a similar article about the pain of bounty managers and here is the link you may read it and understand I have seen both the phases

https://bitcointalk.org/index.php?topic=5219422.msg53662033#msg53662033

While i agree to "some" of the things you said, my experience is that only about 10% of hunters are actually legit. And by that i mean they do DD, and support the project like it's intended with a bounty.
People who treat bounty as a "job" honestly don't have my respect.
Bounty was intended as a way to help a project you believe in, not sign up to any thing that pops up in the bounty boards.

Have you taken the time to check twitter accounts of some of the hunters? 100+ spam tweets a day, with only 1-2 views per tweet. Honestly that doesn't deserve any payment, marketing wise.
Also, tell me it's normal that a hunter gets 3000 new followers in 2 days...

Bounties i do appreciate are mostly video and article campaigns, and even that is mostly copy paste of whitepaper and webpage. If i see a person has really put effort, and written a meaningful article in his own words, be it in russian, indonesian or hindi, by all means, give that man applause and best reward.

[joseyphil82]

I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.

I know it's not easy to manage a bounty campaign as you will receive thousands of messages from irritating users, there will be hundreds of fake entries in the spreadsheet then you real users disputing that they didn't receive stakes because some imposters have entered their address against the real user's name and sometimes bounty managers or dev team's response would not be the politest one.

But at the same time there are hundreds of hardworking bounty hunters who work really hard in the hope that their efforts would be rewarded but all the efforts are shadowed by the wrongdoings of few cheap users with fake accounts who bombard, spam the bounty groups and harass bounty managers as a result whole bounty hunter community is looked with suspicious and selfish.

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.


I have made a similar article about the pain of bounty managers and here is the link you may read it and understand I have seen both the phases

https://bitcointalk.org/index.php?topic=5219422.msg53662033#msg53662033

While i agree to "some" of the things you said, my experience is that only about 10% of hunters are actually legit. And by that i mean they do DD, and support the project like it's intended with a bounty.
People who treat bounty as a "job" honestly don't have my respect.
Bounty was intended as a way to help a project you believe in, not sign up to any thing that pops up in the bounty boards.

Have you taken the time to check twitter accounts of some of the hunters? 100+ spam tweets a day, with only 1-2 views per tweet. Honestly that doesn't deserve any payment, marketing wise.
Also, tell me it's normal that a hunter gets 3000 new followers in 2 days...

Bounties i do appreciate are mostly video and article campaigns, and even that is mostly copy paste of whitepaper and webpage. If i see a person has really put effort, and written a meaningful article in his own words, be it in russian, indonesian or hindi, by all means, give that man applause and best reward.

Nice one btcltcdigger, I believe the main reason why bounty hunters promote scam projects is because they blindly project any new project that pops up in bounties section of this forum, many bounty hunters don't know about quality and non quality projects, they just jump in and start promoting anything that has bounty name on it.

[ice098]

I think everyone must be fair and respectful to all parties including the bounty hunter, bounty manager, project owner, we know that currently the situation is very difficult for bounty hunters and bounty managers, and bounty managers only obey the orders of the project owner, we also cannot judge bounty manager, and I think the bounty manager must innovate in distributing payments such as the DIA and CTSI bounty managers in the next 3 months, if they don't want to dump the tokens

I know that OP has another post about some matters, but I will just leave this thing in here, bounty hunters are different now, unlike those people in the past 3years, I myself is a bounty hunter before, we work hard for every bounty that we participated with, but as what I can see? now bounty hunters are too lazy, do not get offended but I always see some tweets in twitter before, they are just copying some other tweets. Now it is full of quantity over quality bounty hunters.

[Warkop]

I think this should be explained to all project makers so as not to blame the bounty hunters with this dump, because bounty hunters only get a small portion of the distribution that has been determined, in my opinion if there is a dump this must be done by investors and their team, because investors get bonus from the project when investing in the project, and the team can also do the dump as they get a share of this project allocation.

[btcltcdigger]

I think this should be explained to all project makers so as not to blame the bounty hunters with this dump, because bounty hunters only get a small portion of the distribution that has been determined, in my opinion if there is a dump this must be done by investors and their team, because investors get bonus from the project when investing in the project, and the team can also do the dump as they get a share of this project allocation.

This is true. Usually VC's and the investment pools dump as soon as the token hits the exchange.
And then there's the exchange itself which was mostly paid in said token.
But since none of those are "public" transactions, hunters get stuck with the shitty stick

[Malam90]

I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.

I know it's not easy to manage a bounty campaign as you will receive thousands of messages from irritating users, there will be hundreds of fake entries in the spreadsheet then you real users disputing that they didn't receive stakes because some imposters have entered their address against the real user's name and sometimes bounty managers or dev team's response would not be the politest one.

But at the same time there are hundreds of hardworking bounty hunters who work really hard in the hope that their efforts would be rewarded but all the efforts are shadowed by the wrongdoings of few cheap users with fake accounts who bombard, spam the bounty groups and harass bounty managers as a result whole bounty hunter community is looked with suspicious and selfish.

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.


I have made a similar article about the pain of bounty managers and here is the link you may read it and understand I have seen both the phases

https://bitcointalk.org/index.php?topic=5219422.msg53662033#msg53662033

Maximum bounty hunters are real worker but a lot of fake entries are always cheating either with real hunters or with bounty managers time waste to detect them.
Maximum projects allocates a small % of tokens to the bounty hunters which can't damange market if the project is real and list in good exchange. The project that list their tokens in small, low volume exchanges and ultimately down by their investors. After down the market, team send tokens to the humble hunters. From maximum projects, they don't get any payments or received but doesn't cover transaction cost, withdraw cost etc.
Few new bounty managers are treating bounty hunters as worker and they think themselves like US president. But some good managers Like Yahoo and few other managers are doing good for this forum.

[Rodeo02]

I think everyone must be fair and respectful to all parties including the bounty hunter, bounty manager, project owner, we know that currently the situation is very difficult for bounty hunters and bounty managers, and bounty managers only obey the orders of the project owner, we also cannot judge bounty manager, and I think the bounty manager must innovate in distributing payments such as the DIA and CTSI bounty managers in the next 3 months, if they don't want to dump the tokens

I know that OP has another post about some matters, but I will just leave this thing in here, bounty hunters are different now, unlike those people in the past 3years, I myself is a bounty hunter before, we work hard for every bounty that we participated with, but as what I can see? now bounty hunters are too lazy, do not get offended but I always see some tweets in twitter before, they are just copying some other tweets. Now it is full of quantity over quality bounty hunters.

For Twitter campaign it's better have it in BTC payment than to use bounty for that since more of them doesn't make any effort for their own tweets . Unlie when you are paying it in BTC they will make their own ideas for a tweets I am also participants on Twitter campaign before and I must say I prefer and want to do it again in Bitcoin payments.

[sayaya17]

We, as bounty hunters, don't have any power if the project owner has spoken. Although there was already an agreement at the beginning of the project.
A lot of things hurt if the project developer doesn't keep his promise like a suddenly revamped rule.
Locking bounty hunter tokens, actually, it's not necessary. Especially when the price in the market is going up. It's the most annoying thing,
because we can't sell tokens that are already our right. They're sometimes too selfish.

[jessyj48]

That's why bounty hunters are requesting for escrow from all bounty managers of this forum, I do hope it will be considered some day, I know escrow don't guarantee the success of a project or can't escape volatility but getting paid is certain through escrow

[Stanlo]

If all new projects can start introducing bounty campaigns after they list on exchanges it will solve some things

1. You will actually know what you will get
2. It will gives better confidence to participants
3. Atleast no fear of exiting scam before bounty campaign ends

[Yamifoud]

That's why bounty hunters are requesting for escrow from all bounty managers of this forum, I do hope it will be considered some day, I know escrow don't guarantee the success of a project or can't escape volatility but getting paid is certain through escrow

Escrowed is just a person-in-charge for the token distribution and we are getting sure to receive our rewards but not a person responsible for the listing. If I am a bounty hunter, I'm not only looking for a bounty that has escrowed but one thing I should have to look more on the campaign manager (reputable and known manager). That is a big factor because the BM itself knows that this project is legit and surely it hits on the market listing after the campaign period or as earlier.

[awakpane]

Your argument is very good, I agree with your argument that all this time bounty hunters have always been blamed for dumping the market at a cheap price, even though when compared to tokens owned by gift hunters with investors, there are very few. I hope that in the future there will be special attention and treat the bounty hunters well. It is better if in the future the price of a token must be controlled properly so that investors and bounty hunters cannot carry out improper dumping and also bounty managers work professionally.

[Lore06]

Some of the things that you mentioned should get the attention of bounty managers, especially about cheaters who break the bounty system. I myself recommend using the names of all social media bounty participants in accordance with the name of their BTT account so that the bounty manager can easily verify the real bounty participants.

[Kvalentine]

Rules are rules but for developers this days rules are meant to be broken, there is nothing anyone can do about this, if you can't cope then quit bounty, escrow, limited participants, fixed tokens all these still can't fix bounty problems today, we just have to keep hoping for better outcome after bounty ends.

[Lintel]

blamed bounty hunters for the dumping of any coins is not reasonable for me
because not all bounty hunters will dump their rewards as soon as possible when the tokens tradeable on exchange
sometimes, the project didn't have enough demands to push the price up and make the price down because more sellers than buyers

Very true. Not all bounty hunters are trading right away, some are also waiting for the right time to trade their coins. it can affect the price but not to blame because after all if the project working well and progressing , meaning many demands  it the price will pump. It depends really on the project , how they manage it.