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Author Topic: Convince me that bounties paying in anything other than Bitcoin are worth it  (Read 918 times)
Saidasun (OP)
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July 25, 2021, 11:55:35 AM
 #101

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

Very good point and I fully agree with it. If the team communicates in a trustworthy and convincing way, even if they cut the bounty in half in order to make sure they'll have enough finances to keep going and finish the product, it is fine. But they should stick to their schedules regarding payments. If they do that and build trust with the people who support them, I also believe that not so many will immediately dump. We should keep in mind though that there are people who do this for a living in poor countries and they might be forced to dump. It hits them even harder if bounties aren't paid out out of a sudden. That just sucks and hurts everyone involved in the end.
How is that fine? If they setup the contract by saying they will pay the full amount to all participants at the start of the bounty they should be held to that. I do not promise you for exchange of 1 Bitcoin that you can have a car from me but when it comes to sending the Bitcoin and car I say I can only do half of the car and you go "thats fine". We need to stop these scammers from doing this type of shit.
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July 26, 2021, 02:01:17 PM
 #102

We need established members to negative tag any bounties which are promising gains when they are offering stakes because at that time it is not guaranteed that you will earn on them. Some bounties are saying that you can earn $40 a week and then they are paying with their own tokens which are not worth anything but they have just made up a number what their tokens are worth I wish on the forum we are more strict and negative tag these scammers.
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July 30, 2021, 07:19:26 AM
 #103

Well that is why many bounty hunters tend to handle multiple bounties at a time, so that they'll be able to mitigate risks of wasting their time on a single project.
Also because it is very easy to join multiple social media campaigns at the same time. Also shows that the bounty hunters are nothing more than hired mercenary like. Further shows that the lack of integrity that they have towards specific projects.

Point is that with more people failing to understand that bounties are not worth their time, the supply of bamboozled "no-pay" workers continue to grow and they will be scammed of their hard work and time.

They do not walk away they continue to open new bounties under different names and continue to scam us. We are not working hard enough to out these scammers and report them to the authorities this is why cryptocurrency is not being taken seriously outside of this forum.
Are you seriously reporting them to law enforcement? Doing so from where I am from, people would start laughing and take me for a lunatic. But if you have had any success do let the forum know because this would be a lively discussion for sure.

But the bottom line is pretty clear : bounty hunter became bounty hunters because of their own choice. So they have to suffer the consequences of their choice.

R


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July 30, 2021, 08:04:47 AM
 #104

Are you seriously reporting them to law enforcement? Doing so from where I am from, people would start laughing and take me for a lunatic. But if you have had any success do let the forum know because this would be a lively discussion for sure.

But the bottom line is pretty clear : bounty hunter became bounty hunters because of their own choice. So they have to suffer the consequences of their choice.
Is it possible that he will report the scammer to law enforcement in his country and how will the local law enforcement respond to this case.
Instead of paying attention to this problem, it is better to increase knowledge to make the top choices of projects that are worthy of being campaigned by bounty hunters.

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Jackl87
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July 30, 2021, 10:55:18 AM
 #105

I want to know how much you guys are earning with these bounties that offer "stakes" for doing certain tasks because I am not convinced that they are legitimate. Here is why I think that. Lets say you did a signature campaign paying in their coin that is currently worth nothing but you put in hours of work to get this token with the anticipation that it might be worth something at some point. However as soon as it is worth something all the other participants in that signature campaign will be thinking the same thing. Withdraw. That then causes a dump effect on the token and you are back to it being worthless again.

I am 100% sure that most bounties today have the same teams behind them and they continue to do the same process each time in an attempt of being successful once out of the million times they have tried before. In modern times we have become accustomed to minimum wages or at least fair wages but you guys are doing work for nothing at the time of completing your work on the promise that they will be worth something down the line. Would you work for a company in the fiat world if they promised you to give you shares in their company without any guarantee that they would be successful?

I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.

It is definitely true that altcoin bounties are a huge risk because in at least 9 out of 10 cases you basically "work" for free because the project does a rugpull or it just never lifts of and in both scenarios that means your tokens are absolutely worthless if you even get them. It is still possible to find good altcoin bounties though you just need to look closely, do your research and don't just the next altcoin bounty that offers 500k$ worth of tokens for the bounty because that is already a bad sign. If a new projects is paying out that much to bounty participants then it is impossible that the price stays stable once all the bounty hunters sell their tokens. I would only join altcoin bounties of projects that i already knew before the bounty announcement and from where i know that people are interested in this project. Most of those project are not doing any bounties though because they don't need it anymore but some do, for example Radix last year.
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July 30, 2021, 11:17:19 AM
 #106

Then maybe I should consider myself lucky? I participated in Vulcan forged and get good payout and also Sovryn too, there are many successful projects since last year though you need to be willing to take risks if you want to make money from bounties, it's certain that not all projects will pay you and some will be worthless, my advice is don't give up
I agree with you, though I didn't participate in Vulcan forged I heard the pay was very good too but I did Sovryn and that was awesome for a bounty project. I mean, that was the best bounty paying I have ever participated in even though we cannot take away the fact that Bitcoin paying Buntes are better but we also understand that those are very limited to number or forum rank level. Cryptocurrency, in general, is more of a, Take your chance kind of thing and so the bounties are no different, you might be lucky to get a good one, and other times, you don't but that doesn't make the whole thing not worth it.
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July 30, 2021, 12:19:26 PM
 #107

I dont think ht bounties are profitable
I am not agreeing with you because some bounties are still profitable such as United Crowd. In 9 weeks signature campaign a "Full member" received $1800 +. Don't you think it's profitable?
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July 30, 2021, 03:18:14 PM
 #108

I dont think ht bounties are profitable
I am not agreeing with you because some bounties are still profitable such as United Crowd. In 9 weeks signature campaign a "Full member" received $1800 +. Don't you think it's profitable?
It seems like he lack of information and exp about that. So many newbies were randomly choosing the bounty campaign and then they got deceived by the scam project.
Some people were saying the bad things about that without tryna to learn more about that.
people are judging by there are lots of scam projects that makes the bounties became unprofitable again but they didn't know about the truth

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July 30, 2021, 07:42:39 PM
 #109

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

Very good point and I fully agree with it. If the team communicates in a trustworthy and convincing way, even if they cut the bounty in half in order to make sure they'll have enough finances to keep going and finish the product, it is fine. But they should stick to their schedules regarding payments. If they do that and build trust with the people who support them, I also believe that not so many will immediately dump. We should keep in mind though that there are people who do this for a living in poor countries and they might be forced to dump. It hits them even harder if bounties aren't paid out out of a sudden. That just sucks and hurts everyone involved in the end.
How is that fine? If they setup the contract by saying they will pay the full amount to all participants at the start of the bounty they should be held to that. I do not promise you for exchange of 1 Bitcoin that you can have a car from me but when it comes to sending the Bitcoin and car I say I can only do half of the car and you go "thats fine". We need to stop these scammers from doing this type of shit.

If a project performs really bad in fundraising, tell me what good is it to receive an excessive amount of bounty tokens if it is 100% certain that the project will be dumped into oblivion? I do exactly know what you mean and the sad thing is that even well funded projects decide to cut the bounty in half. That sucks big time and shouldn't happen, but when I see that the project almost failed anyway, there is nothing to win for me if bounty people can give it the rest and let it die. You are running into a deadlock if you didn't raise sufficient funds while paying an unreasonably high bounty. Nobody is going to invest in that situation, meaning that the token will never gain value.
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August 11, 2021, 11:50:11 AM
 #110

~
Indeed. Welp hunters will always be hunter. Worse is that they are also risking their reps here in the forum. I recall some DT members tagging users that are promoting ICO scams back in couple of years here in the forum as a warning for few days before the tag becomes permanent.
Those hunters are just gonna get what is coming for them.


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August 11, 2021, 02:03:54 PM
 #111

Divi has good rewards in staking I generate in DiviGo in WhatsApp

DIVI's got tiered Masternodes 19% ROI, and it goes up with each tier. Staking is possible from 10k coins roughly equal to 400$ now. And if you install the Wallet, which is currently in Beta, staking is free.
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August 11, 2021, 02:28:21 PM
 #112

i can't convince you because it is totally a waste of time. although i partake in bounties but i know what is involved. it is just a waste of time. reason is this. the project developers are all greedy. they use hunters to gain attention and then dump hunters when it is time for payment. also they sometimes swap into new tokens to destroy rewards earn by hunters in other to please the real destroyers.(investors).

There is really no need to convince the original poster since he already believes firmly that bounties paying in anything other than Bitcoin are not worth it. To be frank there are more projects that are not really good projects and are mostly underperformers or failed projects altogether. Maybe a year or two of operations and then after that either the developers will release an announcement that it will no longer continue and might give out refunds to investors. Very sad sight indeed.

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August 11, 2021, 03:23:13 PM
 #113



I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.
no guarantee doesnt mean we will easily scammed by fake developers team. we work on bounty camapaign because believe some day it will have high value no matter most of them scammed us.


if all bounties are worthless then why there are still so many bounty hunters and why more bounty hunters are coming in to do bounty campaigns, body campaign is not what it used to be three to five years ago but it's still profitable especially now that we are in a pandemic and we need to work from home due to lockdown, it's still worth it, there are still good project around.
good project will always occur in market , and today irfanpak be most favourite manager in thi s foumr now. this man doing alot reasearch to make his participants received worthed money and not always scamed.

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August 11, 2021, 08:04:17 PM
 #114

Lol ! Thanks newbies that shill divi crap here. Thanks to your lame promotion, I would never buy that crap and will convince people to skip that project.
Do you even get paid for that? I want to see how project owner evaluate that weak promotion. Hope he did not paid much for that.

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August 11, 2021, 08:21:05 PM
 #115

Dont know if this sounds convincing, but bounty reward in Bitcoin will never gain thousands percents of gains. My weekly reward of $45 will never turn into $450 in half a year. But a coin or a token can get this multiplier easily with market manipulations.

R


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August 11, 2021, 11:24:55 PM
 #116

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I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.
everyone has different abilities. some are able to join signatures with fixed payments in BTC and weekly payments, but the conditions are not easy, and not everyone can meet these requirements, for example the condition is that they have to get a certain amount of merit in the last 120 days. believe me ... not everyone can fulfill. if the conditions were easier, I'm sure it would be an option.

on the other hand, there is a signature campaign with easier terms, with projects that "look" promising, handled by a trusted bounty manager, why not give it a try? after all this is not a tough job like we have to run dozens of times in the field. we just sit and stare at the screen and share useful information with each other, that's all. if we do this with enjoyment then I don't think there will be too much burden if it turns out that expectations do not match reality.

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TheUltraElite
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August 16, 2021, 05:39:20 AM
 #117

Dont know if this sounds convincing, but bounty reward in Bitcoin will never gain thousands percents of gains. My weekly reward of $45 will never turn into $450 in half a year. But a coin or a token can get this multiplier easily with market manipulations.
But the chances of that are how much? 1 in every 500 coins might be seeing such changes and the number of bounties being posted everyday is more than 50 something Huh

So would you rather dirty your hands doing through the haystack or keep it simple with bitcoin getting accumulated over time? Add to that bitcoin being easily converted to fiat if you need to while these bounty tokens will have to get listed and then exchanged. Also note that on exchange listing a major dump happens and coins get listed at 10% of ICO price only.

It is a frustrating rat-race and you would not want to be a part of it.

Lol ! Thanks newbies that shill divi crap here. Thanks to your lame promotion, I would never buy that crap and will convince people to skip that project.
Do you even get paid for that? I want to see how project owner evaluate that weak promotion. Hope he did not paid much for that.
Report them, those are offtopic and need to trashed. But truely they cannot be stopped just like that, the smell of free money is too enticing for them.

R


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Wicked17
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August 16, 2021, 06:46:14 AM
 #118

promoting bounty that pay their coins rather that bitcoins is like a gamble. You will never know if that coins will have worth in the future so once you promote a newly created coin, you better check everything like their whitepaper and their roadmap. Advantage of this is once the coins is succesful, there is guarantee that you will get a lot of reward.

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August 16, 2021, 07:09:46 AM
 #119

There is no guarantee to earn good income from wearing signature but it's always worth the risk, this isn't something one can rely on but till date few projects have proven that bounties still worth it, though BTC paying bounties are less risky than alt paying bounties so the choice is yours
the ghabbar
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August 16, 2021, 08:08:21 AM
 #120

I want to know how much you guys are earning with these bounties that offer "stakes" for doing certain tasks because I am not convinced that they are legitimate. Here is why I think that. Lets say you did a signature campaign paying in their coin that is currently worth nothing but you put in hours of work to get this token with the anticipation that it might be worth something at some point. However as soon as it is worth something all the other participants in that signature campaign will be thinking the same thing. Withdraw. That then causes a dump effect on the token and you are back to it being worthless again.

I am 100% sure that most bounties today have the same teams behind them and they continue to do the same process each time in an attempt of being successful once out of the million times they have tried before. In modern times we have become accustomed to minimum wages or at least fair wages but you guys are doing work for nothing at the time of completing your work on the promise that they will be worth something down the line. Would you work for a company in the fiat world if they promised you to give you shares in their company without any guarantee that they would be successful?

I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.

Everyone has their own opinion in making decisions, but what you say is very contrary to what we do in the bounty world, indeed to participate in the bounty campaign we don't need to spend money, but here we learn responsibility and follow the applicable rules.

If there is an option to participate in a free project that generates maximum income, why take the risk of buying some coins, the bargaining value of which is unclear at this time, besides the results of the bounty we can also use for a long time, either investing short or long term.

I don't think what you're saying is relevant at all. In fact, many bounty participants also invest after giving tokens from the project proceeds, I think you need to change the way you think and value things.
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