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Author Topic: Pain of bounty hunters  (Read 156878 times)
Dollar_Hunter
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November 16, 2020, 06:32:17 AM
 #141

The hunter's pain is now getting worse because the bounty is getting weird when the distribution occurs, you can see it in the project dego finance, every bounty hunter has to make a claim and you also know that ethereum gas is expensive and distribution is not fully% 20 for the first claim and the rest must wait 100 days to get the prize I think bounty hunters always hurt.

LOL.. 100 days to get the bounty rewards? I can only laugh at those users who still participate in such bounties. With 99% probability, I would say that this token will be worthless after 100 days. I don't understand why people still join these campaigns, which have such one sided and exploitative conditions. Please use your time to so something more productive. Bounty is not the only section that is active in Bitcointalk. There are a lot of other avenues, and you just need to explore.

What does it mean that bounty is not one of the active parts of Bitcointalk?
We all know about the specials from this forum, yes it is a bounty program,
for those who do not have expertise such as design it will be difficult to make money here,
that's what happens here, although waiting 100 days is part of a risk that must be accepted.

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thesmallgod
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November 16, 2020, 06:44:50 AM
 #142

I would like to add this; the reason why most project call bounty hunters dumpers is that when a new token is listed, most of the time the total trading volume is small and majority of the order come from selling and not buying so no matter how good the project is, when hunters continuously sell their token, the price will further fall with little hope of recovering again. There has been continuous improvement in the way bounty is managed in order to reduce the chances of spam and fake entries. It is the responsibility of the bounty managers to learn this approaches to make their work less stressful. With over 3 years experience in participating in bounty, I will tell you that there are many good managers here and there are bad ones too. It is also the responsibility of the bounty hunters to learn from their past experience with bounty managers.
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November 16, 2020, 07:08:11 AM
 #143

It's not easy to become a bounty hunter, to enjoy bounty hunting you must be willing to work for free and not take things too serious because some times you won't get anything in return
In doing our job, we should take it seriously if we won't to suffer the consequences of neglect. Like when we join bounty and fill form.
But, we mustn't take serious to count bounty reward before the bounty end. Because not all bounty rewards is same when its distribution.
Good point and also not all projects we promote will become successful, once there is a problem with fund raising there will be some draw back, the team might even decide to pay half of the bounty allocation instead, bounties can't be relied on until it ends and you see it's end results

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November 16, 2020, 07:27:46 AM
 #144

It's not easy to become a bounty hunter, to enjoy bounty hunting you must be willing to work for free and not take things too serious because some times you won't get anything in return
In doing our job, we should take it seriously if we won't to suffer the consequences of neglect. Like when we join bounty and fill form.
But, we mustn't take serious to count bounty reward before the bounty end. Because not all bounty rewards is same when its distribution.

You have a point in that dude, but there are projects campaign even you work on it seriously or I mean you comply it, if the BM are cheater the number one that will get affect is the bounty hunters. I've seen this several times in the forum and poor participants due He can't do anything about that kind of problems.

Dariusburst
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November 16, 2020, 07:30:54 AM
 #145

Not all bounties we promote will bring good results, some will become worthless before we get paid and some will be delayed, teams are different as they are humans just like so their behavior will be different too, some will be loyal and some will be mean. If you really want to be a bounty hunter you have to be ready for any good or bad news altogether and don't have to much hope on a project
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November 16, 2020, 07:39:08 AM
 #146

You have my sympathy Guys though I never join a token paying campaign,i prefer myself from the very beginning to work in Bitcoin paying signature campaign ,Yeah the promise payment is smaller compared to Bounty project but at least in service section almost every campaign pays weekly there are few scams not like in Altcoin bounty section that Majority are scammers and just Fooling their hunters after the campaign they will take the money and gone .

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November 16, 2020, 09:00:41 AM
 #147

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


I agree to the fact that bounty hunters should be given the due respect because they are here to help promote and market the project. The result of bounty campaign depends vastly on the quality of the project and how attractive it is for investors so in all situations bounty hunters who have performed the job should be paid  and thanked because they have done their job.

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escalante28
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November 16, 2020, 09:21:35 AM
 #148

I've seen lots of this, so sad for the hardworking bounty hunters who helped the project to boost it and make them successful on their launching, the Bounty Manager should be the one who's responsible for this kind of things, but sometimes the Bounty Manager are the ones who make the bounty hunters suffer.
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November 16, 2020, 09:57:21 AM
 #149

you are right, not everything written at the beginning of the campaign can be as we predict. Many bounty token values do not match the initial value made by the team. so the allocated allocation actually has no definite value.
Because they've written "we reserve a right to... " rules, so they can change the rules and distribution if they wanted to do.
You can't blame them since you're joining a bounty with such rules.

Right, they are good with those clauses, of course they have consulted a lawyer before making the rules of the bounty. To ensure that the advantage is always with the bounty managers and the owners of the project. All the bounty hunters would do is agree to the terms and move on in accomplishing their part in the bounty campaign. As I always say, move on is hards words to swallow but that is what we can do right now since we are in a deregulated space and decentralized structure then we are at the mercy of greedy companies, who don't pay their dues.

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rahmatullah9305
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November 16, 2020, 10:23:56 AM
 #150

I have experienced many things while hunting for bounty prizes, when I joined one of the bounty projects I supported it for almost two months and when the distribution of the project was a scam I was very disappointed.
And that is also experienced by many other participants here in several other projects, so there is no need to be disappointed even though you have given them valuable time, where everything has ended in vain, and this will clearly be a good lesson for you and other people, that joining any project always has the risk of loss, namely the loss of time if the project becomes a scam, but it will be very profitable if the project becomes successful, now because of things like this everyone is required to always analyze all projects before we choose to join.
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November 16, 2020, 10:56:13 AM
 #151

I have experienced many things while hunting for bounty prizes, when I joined one of the bounty projects I supported it for almost two months and when the distribution of the project was a scam I was very disappointed.

lots of people here already experienced that kind of scenario, you are lucky enough that you just participated for 2 months, unlike me I experience joining bounty program for almost 5 months and in the end I got nothing. I also experienced that I joined for a couple of months but the reward is not that much.
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November 16, 2020, 11:09:41 AM
 #152

I have experienced many things while hunting for bounty prizes, when I joined one of the bounty projects I supported it for almost two months and when the distribution of the project was a scam I was very disappointed.

lots of people here already experienced that kind of scenario, you are lucky enough that you just participated for 2 months, unlike me I experience joining bounty program for almost 5 months and in the end I got nothing. I also experienced that I joined for a couple of months but the reward is not that much.
2 Months?my first Bounty engagement lasts for 6 months meaning that is half a year mate.

But what happened?after reaching the HardCap?lol the team runs away and even the Bounty Manager did not receive His payments,thats why I stay away from bouties and focus here in Bitcoin paying bounties.

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November 16, 2020, 11:41:58 AM
 #153

When talking about pain of bounty hunters, I sometimes get emotional, because there are so many projects that don't appreciate bounty hunters.
I am most annoyed if the rewards for bounty hunters are postponed or locked, with reason that the sales of tokens have not reached the hard cap.
That's the most annoying excuse in my opinion, but nowadays there are many bounty altcoins that make payments per week. As gambling campaigns
have done, this is good news for bounty hunters.

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November 16, 2020, 11:51:12 AM
 #154

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

Of course, I would like something to start to change for the better, but, unfortunately, this does not happen at our desire. The bounty manager does not decide how to distribute tokens. When and how much to distribute in DIA and CTSI projects was up to the project managers, not bubbalex.
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November 16, 2020, 12:01:34 PM
 #155

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

Of course, I would like something to start to change for the better, but, unfortunately, this does not happen at our desire. The bounty manager does not decide how to distribute tokens. When and how much to distribute in DIA and CTSI projects was up to the project managers, not bubbalex.
Still bubbalex choose the projects very carefully, that's why projects like Cartesi and DIA keep their promises, they are high quality projects that don't want any thing to tarnish their credibility and reputation, only projects that don't care about reputations change rules on bounty hunters or refuse to pay bounty hunters
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November 16, 2020, 02:29:50 PM
 #156

Escrow can lessen bounty hunters pain but still the risks is still there, many projects won't become successful due to lack of funds, some won't see good adoption or demand and the token or coin will lose value fast, bounty hunters might end up selling for pennies, you need to consider all risks before joining any bounty project

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November 16, 2020, 02:38:14 PM
 #157

Escrow can lessen bounty hunters pain but still the risks is still there, many projects won't become successful due to lack of funds, some won't see good adoption or demand and the token or coin will lose value fast, bounty hunters might end up selling for pennies, you need to consider all risks before joining any bounty project

A matter of luck in most cases, like what you have said bounty value quickly dumped. You'll just see yourself holding coins without
any value working for such a long time with bounty works.

Escrow can guarantee the distribution but the value will depends from how the investors and traders will be interested to the project
without anything, the value will die along the way.

Be very careful joining with any bounty works. Focus with usages and good developers behind.

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November 16, 2020, 03:13:31 PM
 #158

I have experienced many things while hunting for bounty prizes, when I joined one of the bounty projects I supported it for almost two months and when the distribution of the project was a scam I was very disappointed.

lots of people here already experienced that kind of scenario, you are lucky enough that you just participated for 2 months, unlike me I experience joining bounty program for almost 5 months and in the end I got nothing. I also experienced that I joined for a couple of months but the reward is not that much.
2 Months?my first Bounty engagement lasts for 6 months meaning that is half a year mate.

But what happened?after reaching the HardCap?lol the team runs away and even the Bounty Manager did not receive His payments,thats why I stay away from bouties and focus here in Bitcoin paying bounties.
Well, there are still some good bounties though. Anyway, I have also been used as a Bounty hunter before, and yeah I experience all of that, wherein all the effort I put in was only became in vain after some devs runaway all the funds. Bitcoin paying bounties was really good however, it is very rare to find one though. I have one strategy on this one, I choose the bounty campaign where to participate depending on the manager who will manage it, if it is handled by a reputable one by then I will definitely join there simply because I don't see any reason to throw their image just for a couple of funds.
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November 16, 2020, 04:02:58 PM
 #159

Abundance trackers are left powerless by numerous ventures and their missions since they need to work ahead of time and following quite a while of work the group can essentially deny trackers, some will play deferring strategies. Now and then the sentiment of disillusionment is available when the undertaking we are dealing with encounters disappointment and extortion, this is a danger we should confront and from that we should be more cautious in picking an abundance venture for us to chip away at to evade misrepresentation.

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November 16, 2020, 04:14:14 PM
 #160

When discussing the pain of a bounty hunter, of course, payment has no value at all in the market,
that's what makes me disappointed, but now I'm sure the bounty will grow better,
It's a risk, but if it's like that then it's useless to be a bounty hunter, that's what bounty hunter pain.

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