See why most bounty hunters get scammed

[conected]

Bounty hunters get scammed because they agree in fully receiving their payments in priceless tokens, instead of consistent ones.
To accept such terms they don't give any value to their own job and effort. Bounty campaigns turned into gambling games where you don't know if you will end with some money in pocket or not.

- The fortune of participating in the bounty is always a spin of luck if that bounty only provides unlisted tokens, bounty hunters certainly know what their odds of success will be but the bounty market never gives us so many options, we are forced to bet on such projects, we don't really lose too much, the only thing we lose is time and effort but at least, bet to know whether we win or lose, it's better than fear not participating. I also regularly participate in such activities but lately, focus mainly on a few listed projects, earning a little money for a snack is enough, there's no need to be adventurous

[Ozero]

Most of the Applicants are Newbies and they didn’t bother to follow the rules on clicking links and follow the page, looks like a bot is working for them.

Though we can also see some higher ranks applying for bounty, I don’t know what’s happening but this is the best April fools entry for this year! 

In many cases, it is almost impossible to distinguish scammers, and therefore it is impossible to say in advance whether this project will be fraudulent or not. In some cases, we have suspicions, but we cannot fully verify them. So sometimes you have to take risks. After all, bounty hunters don't invest their money. We risk only wasted time and effort, as well as a little material costs to ensure the very process of participation in this forum. However, the risk is worth it, especially for those with free time.

[uneng]

Bounty hunters get scammed because they agree in fully receiving their payments in priceless tokens, instead of consistent ones.
To accept such terms they don't give any value to their own job and effort. Bounty campaigns turned into gambling games where you don't know if you will end with some money in pocket or not.

- The fortune of participating in the bounty is always a spin of luck if that bounty only provides unlisted tokens, bounty hunters certainly know what their odds of success will be but the bounty market never gives us so many options, we are forced to bet on such projects, we don't really lose too much, the only thing we lose is time and effort but at least, bet to know whether we win or lose, it's better than fear not participating. I also regularly participate in such activities but lately, focus mainly on a few listed projects, earning a little money for a snack is enough, there's no need to be adventurous

Bounty market never gives many options because any option is enough for bounty hunters... If no one accepted to be fully paid in priceless tokens the rates of the campaigns would change and bounty hunters would be the main benefited. At least some percentage of the campaigns' payrates should be paid in btc, eth or any other altcoin which has a consolidated value and the rest of the percentage could be paid with the project's token.
This way bounty hunters would start working already knowing that a minimum reward is guaranteed for their job. Furthermore, scam projects would think twice before launching to the public, because they would have to spend real money in order to promote it, very different from how it currently works.

[TheGreatPython]

This thread Explains it

I am surprised the thread managed to fool this number of people but it also shows what you said, people don't even read what they are working for and promoting, they just see a bounty and rush into it, especially when it comes from a ranked person on the forum, which we know how easy it is to buy accounts.

I think that unemployment is the only reason behind this kind of rush and blindness that you are ready to promote a project without even knowing if it actually exists.

I met a scammer on telegram and after he failed to scam me, I asked him will he actually work for me because I felt the guy was not a born but forced scammer and what he said next killed me inside "I am ready to work all day 18 hours for $2 sir" and he even agreed to take payment after work. He did not even ask me what the work is, etc. I didn't have any work for him unfortunately but it shows the kind of unemployment which might be because of the pandemic.

[Gozie51]

It’s perfectly normal to just buy top performing & trustworthy coins, you HODL & get far more ROI than anything in the bank. Seriously, falling for all these unrealistic promises is so dumb.

This is what you get with experience, you are quite right on it. You can wait for good project after ICO and or when they get into exchange.

Buying existing coins too that you have monitor over time is also good. We don't have to keep playing into the hands of scammers.

"I am ready to work all day 18 hours for $2 sir" and he even agreed to take payment after work. He did not even ask me what the work is, etc.

I won't even consider such person if I were to have something like that for him, that is the height of desperation. A desperate person can only disappoint you if he settles that immediate need at the time.

The caveat is not be believe anything that looks very real to be true. Give in some doubt and allow time to roll with it and you will see the real thing.

[lovesmayfamilis]

All those bounty programs are crap. No one should join them and waste their time over there.

Your last sentence contains the truth. Although you defend the bounty hunters and claim that some can read the terms of the bounty programs, agree to participate or not, it is their own choice.
As for the joke arranged by CryptopreneurBrainboss, this is a good indicator that many were registering with their eyes closed. It was enough to follow the links and understand that this is a joke. But many did nothing. They did not read the comments, did not check the company they were going to advertise. So they didn't care when and what to advertise.
So I checked all non-readers. And as a lesson, some accounts were banned because they violated the ban rules. https://bitcointalk.org/index.php?topic=2613277.msg56698721#msg56698721

[fullhdpixel]

Bounty hunters get scammed because they agree in fully receiving their payments in priceless tokens, instead of consistent ones.
To accept such terms they don't give any value to their own job and effort. Bounty campaigns turned into gambling games where you don't know if you will end with some money in pocket or not.

Also, I have seen a few times when projects pay the tokens but move their actual tokens and do a 1:1 migration for investors which means the bounty hunters are left with worthless coins and cannot even get the new tokens.

I also regularly participate in such activities but lately, focus mainly on a few listed projects, earning a little money for a snack is enough, there's no need to be adventurous

Might be the right mindset looking at the current situation of bounty campaigns. I would say that if every participant just decides that they will not work for projects without tokens being escrowed and some kind of promise to rely on later, then it might change the current scene. Problem is that once some participants do it, others will see it as an opportunity and ultimately the campaign will be full, with low-skilled participants.

[Wayan_Pedjeng]

Nowadays it is just a waste of time and effort to participate in these bounty campaigns. You need to spend 2-3 months on them and in the end there is a 10% chance that you will receive a small reward (<$25). And even if you manage to receive the tokens, because of the high ETH gas price it will not be viable to move them to the exchanges and convert them to Ethereum. And then there is a 90% chance that you will remain unrewarded despite your hard work.

[poodle63]

Bounty hunters get scammed because they agree in fully receiving their payments in priceless tokens, instead of consistent ones.
To accept such terms they don't give any value to their own job and effort. Bounty campaigns turned into gambling games where you don't know if you will end with some money in pocket or not.

And yet, they don't even spare time to read what is written in the OP, and the example that OP has is a big shame for these hunters not to realize that they just caught in a trap (April fools). If only they read carefully and understand those words, this could never be a sad ending. But it was very unfortunate and we can still expect that many hunters will end up the same as what they have experienced in the past until such time they will change their behavior and stop using bots.

Sometimes I have a strong feeling that most of the bounty hunters use some kind of automatization to join, do tasks and post reports.
I simply cant explain why they join a project, where manager is a freshly registered newbie account, sometimes with already red trust and the whole project looks absurd.

Considering that in following social media account you can tweet as much as you want, it's really possible that they are using some kind of automatization and therefore doesn't care whether the bounty manager is newbie or not since they are just trying to follow all the campaigns and hoping some of them pay out at the end. It's just looks obvious when they are trying to make application as much as they can without reading the campaign first, doesn't even care about the rules beforehand.

[Kunnu]

I am very surprised to see that there were some higher rank members who have became fool with this joke which indicates that they avoid to read, hopefully they have learned an important lesson with this April fool joke and they will improve their reading skills for their best.

[youdacapt]

Bounty Hunters Don't Read

This thread Explains it

However, won't be surprised to see another application below   lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

I think its safe to say that Humans are naturally desperate; as regard bounty hunters; they get carried away by mere headlines without reading the contexts and contents about the bounty program, which is why most of the time, bounty hunters don't get paid.  One  thing i want to counter is that, in bounty hunting; there is nothing like too good to be true lol. Youengine, dego and defirex bounty are recent proofs

[ecnalubma]

Some bounty hunters might be desperately looking for income that’s why some of them neglect to read the whole information. Bounties nowadays is getting worse and only few really are worth of a time, kinda finding a needle in a haystack because legit projects conducting bounties are very rare to find.

[forexandcryptoauditor]

From newbies to Hero members, at least a POA reply was posted. From my point of view, there is a reason to reply to such posts. Nowadays, participation is limited and if we don't register on time, it may get full. So to avoid that a POA reply and registration can be done. However, before starting the work, rules can be checked, and decided to go ahead or not can be taken.
Having said so, I must admit that there is a lesson learnt from this post.

[Gozie51]

Maybe if it was not posted on April who knows even you will fall for it ,  

Lol because it was an April fool's day should be a good reason they should be careful. Being careful helps to avoid certain things that being in rush can't stop you from falling into. If they took time to look at the thread very well, they may come to see the joke in it.

[Fredomago]

Maybe if it was not posted on April who knows even you will fall for it ,   

Lol because it was an April fool's day should be a good reason they should be careful. Being careful helps to avoid certain things that being in rush can't stop you from falling into.

Which should be common from those who really reads and check, but if you are just riding into something without even knowing if it's true or not then you will fall.

The fact that it's April fool's and creating such kind of funny stuff are unavoidable. It's up to your good acknowledgements and really
paying attentions to every available thread or bounty that being created, seems funny but aside from those bots there's also real
people who fall from this joke.

[Fatunad]

Maybe if it was not posted on April who knows even you will fall for it ,   

Lol because it was an April fool's day should be a good reason they should be careful. Being careful helps to avoid certain things that being in rush can't stop you from falling into.

Which should be common from those who really reads and check, but if you are just riding into something without even knowing if it's true or not then you will fall.

The fact that it's April fool's and creating such kind of funny stuff are unavoidable. It's up to your good acknowledgements and really
paying attentions to every available thread or bounty that being created, seems funny but aside from those bots there's also real
people who fall from this joke.

You can really determine which one is a real one and a sarcasm when things like this do happen and for someone who do have experienced eyes then you'll surely notice it.

Using up your own common sense would really be just enough to determine which one is scam and which one is realistic.It is just sometimes
desperation for earning big is the main reason why people do really end up on joining carelessly.

[Stedsm]

Lol yeah, that thread was one of a kind by CryptopreneurBrainboss, he even did like this last year but in the form of BTC signature campaign and then inside the thread, it said "April Fool". Yeah, it's true that bounty hunters get scammed due to not looking out for the details and simply believing that the company will pay them. I too had the same experience with Amepay but their payouts were not that big when the price was so low. They promised weekly payments, then it became monthly just because Eth fees were high and still, they are giving excuses like staking reward distribution remaining, once completed, they'll pay us. Seems like bounty hunters worked for them for free.

[Mpamaegbu]

Bounty Hunters Don't Read

This thread Explains it

Like you rightly asked in that prank thread whether OP would've succeeded if it were a BTC paying campaign thread. Certainly, the answer is an obvious NO! The prank would've been dug out within 3—5 posts after the OP. It goes to show the so many spam posts that come from the altcoins discussion board.

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

I seriously doubt that. There are users who applied and are Hero members. Now, a lot of them are deleting their applications in shame. Brainboss shouldn't have locked the thread, at least to still keep us entertainment with laughs 🤓🤓

[coin-investor]

I've seen many of them still reporting even if there's a scam report already and even if they are warned we have scammers and we have irresponsible bounty hunters and their only goal is to make money and promote as many bounty campaigns that they can, this thread reflects the character and ways of bounty hunters.

[Mr.right85]

Bounty is more of a newbie thing, those without rank and are constantly sourcing for money in any opportunity that opens up to them and accepts participants from there rank. This in itself causes a rush, a rush for slot as it is hoped that, you getmore chances should you be  an early applicant.
This explains why there is always a rush in applications before reading the post itself as evident in the April fool bounty post by CryptopreneurBrainboss. Lol, its really funny how many pages of applications that dropped in and some more would have still come through should the thread not have been locked. Lol