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Author Topic: Convince me that bounties paying in anything other than Bitcoin are worth it  (Read 918 times)
avarnet
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July 19, 2021, 01:55:53 PM
 #21

Sometimes it's true that there are many signature campaigns that work for almost months until the end is disappointed when the final announcement arrives that the project we are working on is considered a scam, but not all projects are like that, there are also successful coin fees and high fees so that the workers I want to follow the once successful Dev project, for example if I think the project is held by Dev Sikon,,,
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July 19, 2021, 02:28:31 PM
 #22

I just do not understand why people would want to work for free without any guarantees at all.
At one time bounties in this forum paid way more than an average bitcoin paying signature campaign. That time was short-lived and was more of a bubble. Somewhat similar to what we have seen with altcoin trading being more a gamble than bitcoin trading.

While the bounties lost their "profitability" the people who used to do them did not understand this but thought that one fine day everything will go back to the good old days.

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If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing.
Most hunters accept that and still complain. The intelligent ones never try to enter them anymore and some actually move away to bitcoin paying campaigns.

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I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.
I have taken part in some total 20 campaigns in the past of which only a handful 3-4 became worthy of selling even in today's date. Many of them rose a lot during the ICO craze but then crashed and never came back up.

Bounties are not worth your time. So I wont try to convince you otherwise.

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maxreish
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July 19, 2021, 02:41:46 PM
 #23

Honestly, I once joined that bounty signature before with stakes and never joined again. I mean, I just improved my skills and rank up then joined signature campaign with bitcoin payments. It is worth than bounties which you would wait for the reward payment after launched of the project or after it will be listed in an exchange without surely if the value of that coin is worth enough or not.
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July 19, 2021, 02:49:00 PM
 #24


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.

You are not the only one who is in this trying to sanitizing the atmosphere here on the bounty side. Whether the problem should be blamed on the hunters or managers , no one can tell exactly but I believe is a serious problem and some managers don't really care about whether the project they promote through the hunters does well or not and the next week you see they have opened another thread for a shit project

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HardCore12V
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July 19, 2021, 02:50:24 PM
 #25

I believe that every bounty hunters already accepted the fact that they may be working for nothing, and there is a saying that says that no risks no reward, I heard bounties like DIA, Cartesi, Apeswap, Vulcan forged paid bounty hunters very well but everyday isn't Christmas so expect some disappointments

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July 19, 2021, 03:12:54 PM
 #26

I've only had one ever bounty that was worth it and this was for GIGAbyte or as it was known before Byteball. But the signs were there. A super useful wallet, a first new type of algo (DAG) and a dev who actually knew what he was doing and a full community who were so helpful, and useful, and guess what, no one talked about price. A use case coin (smart contract escrow between p2p) and a wonderful community.

Their coin is only worth $22 today but it never died:)

What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.

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arifteguhr
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July 19, 2021, 03:28:28 PM
 #27

I believe that every bounty hunters already accepted the fact that they may be working for nothing, and there is a saying that says that no risks no reward, I heard bounties like DIA, Cartesi, Apeswap, Vulcan forged paid bounty hunters very well but everyday isn't Christmas so expect some disappointments
For those who have participated in bounties such as DIA, Cartesi, Apeswap, Vulcan, I don't think anyone will be disappointed, because if any of them do not get paid, it may be because of their own fault, not the fault of others.

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Jack_Sin
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July 19, 2021, 03:37:38 PM
 #28

The bounty hunter job has the risk of paying unsecured tokens based on the weekly stake calculation obtained from each campaign participant, the job looks very dubious compared to the btc paid signature because the payment is guaranteed for the distribution value, but is there a signature payment btc pays $2000 for 1 participant in 2 weeks, we have Hex bounties and many of the highest paying bounties this year.
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July 19, 2021, 03:37:45 PM
 #29

Even before it had always been a risky thing to join bounties.
You cannot ignore the fact that they are still in the phase of accumulating money for their projects to be a success or just for a start-up point.
If they don't reach the cap even with your support with signature, telegram, or any other platform then it means you also failed to help them.
I won't expect too much with bounties and just consider it as a lucky pick if ever they moon.

PS: If their market volume is legit then even with bounty hunters dumping their shares it should not move too much in value. Most bounties just get a share of 1-2 percent so it should not affect it.
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July 19, 2021, 03:55:58 PM
 #30

There are a few important things to making bounty with "stakes" profitable.
The most important thing is to do a good research of the project, i.e. check the whitepaper and dev team. Tokenomics is also very important, i.e. it's good if there were not too many tokens in circulation.
It is also very important how many tokens are allocated to the bounty campaign. If it is a huge amount, then we can be sure that after going public the price will be dumped by bounty hunters and we will earn a lot less than what was counted in the token sale.
The other things are in the hands of the dev team, i.e. marketing and development. If they manage to do everything as planned, then bounty with "stakes" should give us good results.
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July 19, 2021, 04:28:18 PM
 #31

People who aren't ready to take risks will never grow that's what I'm 100% sure about, either through bounties or investing if you aren't ready to lose you will never win, you can't predict a project until the promotion is over and whatever happens after the promotion you should be ready to accept it.

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July 19, 2021, 04:32:55 PM
 #32

The bounty hunter job has the risk of paying unsecured tokens based on the weekly stake calculation obtained from each campaign participant, the job looks very dubious compared to the btc paid signature because the payment is guaranteed for the distribution value, but is there a signature payment btc pays $2000 for 1 participant in 2 weeks, we have Hex bounties and many of the highest paying bounties this year.
Each job bounty through a signature campaign is different, because each project provides a different allocation with a predetermined duration, and one more thing is that signature campaigns that are paid in BTC are determined in dollar size for each participant in each week, so this is definitely different with signature campaigns that are paid via token project after the campaign ends.

Saidasun (OP)
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July 19, 2021, 04:35:35 PM
 #33

I've only had one ever bounty that was worth it and this was for GIGAbyte or as it was known before Byteball. But the signs were there. A super useful wallet, a first new type of algo (DAG) and a dev who actually knew what he was doing and a full community who were so helpful, and useful, and guess what, no one talked about price. A use case coin (smart contract escrow between p2p) and a wonderful community.

Their coin is only worth $22 today but it never died:)

What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.

How much did you earn from that one bounty and how long and how many other bounties have you been a participant in? $22 is probably better than most but it depends on the amount of coin you earned from the bounty. I am not being convinced by people saying that they have only had one or two bounties work out for them when their post history indicates they have been doing it for over 3 years that is not a efficient way of earning money at all.
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July 19, 2021, 04:43:03 PM
 #34

Well, my personal experience is that, I've participated in several altcoin bounties, I admit the risk is high, because some of this altcoins don't pay at the end of the day, some that even paid, take a very long time to get listed and some times even after getting listed, the token is still worth nothing tangible, but this does not apply to all though, as I've been lucky to participate in a few that were really worth it, at least, at the time.
But I believe that some people that participates in altcoin paying bounties don't do so because they really want to, but due to the fact that bitcoin paying bounties campaigns always come with very limited number of participants and a strict rules which some are not able to meet up with even if they manage to find the campaign early before the available slots are filled.
This has made alot of people have no choice but to go with altcoin paying bounties.

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July 19, 2021, 04:48:41 PM
 #35

You can see some of the current bounty projects are from projects that are already running and under development. they do not pay using BTC, but use tokens that are already on the market. we can find out how much value we get from our work. there's nothing wrong with doing bounties with projects that have already been run.

after all, it's not the bounty hunter that causes the big dump. there's nothing wrong with withdrawals when they get paid. bounty hunters are not investors who invest their money for project growth. bounty hunters instill a dedication to supporting the project through their work.

What you need to know, every job there is always a risk. even when you work for a project that pays you with BTC, of course, you have different responsibilities and risks from those who join a project that pays with new tokens.
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July 19, 2021, 04:49:04 PM
 #36

Don't compare online with offline work, signature takes few minutes while real work takes hours before you can earn, crypto space is unregulated so don't expect to get the same treatment as in regulated space,  everything in crypto is not 100% guarantee because anything can happen, so if you are participants in signature campaign especially in altcoins section just have it at the back of your mind that your reward could go either way, this is a jungle for survival of the fittest.  Grin
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July 19, 2021, 04:51:13 PM
 #37

I believe that every bounty hunters already accepted the fact that they may be working for nothing, and there is a saying that says that no risks no reward, I heard bounties like DIA, Cartesi, Apeswap, Vulcan forged paid bounty hunters very well but everyday isn't Christmas so expect some disappointments

During the early days of the ICO (2016/2017), the projects were priced very fairly, and therefore their success rate was higher. But after a while scammers started targeting the ICO sector, and even projects that hasn't started their development activity started placing the soft-cap at $50 million or $100 million. Obviously many of these projects failed at the market. For those who invested in these ICOs, in most cases reimbursements were made. But that was not the case for the bounty hunters. No one ever reimburse them for their time and effort, if a project fails.
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July 19, 2021, 06:26:13 PM
 #38

Each job bounty through a signature campaign is different, because each project provides a different allocation with a predetermined duration, and one more thing is that signature campaigns that are paid in BTC are determined in dollar size for each participant in each week, so this is definitely different with signature campaigns that are paid via token project after the campaign ends.
I'm trying to convince everyone because they think bounties are a waste of work with weekly stake calculations, there is no guarantee of tokens being distributed, not on the market, that's all kinds of bad judgments against bounty hunters. Maybe they don't know the highest bounty payout even if it's only in 2 weeks or 1 month.
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July 19, 2021, 06:37:52 PM
 #39

People who aren't ready to take risks will never grow that's what I'm 100% sure about, either through bounties or investing if you aren't ready to lose you will never win, you can't predict a project until the promotion is over and whatever happens after the promotion you should be ready to accept it.
Yes but there is taking risks like on the stock market which can pay a lot of money and then posting for bounties for worthless coins. If you take a look at 90% of bounties people have not earned anything from them yet they continue to take part in the bounties. At least in the stock market you have the prospect of earning something with the bounties you rarely do.

Don't compare online with offline work, signature takes few minutes while real work takes hours before you can earn, crypto space is unregulated so don't expect to get the same treatment as in regulated space,  everything in crypto is not 100% guarantee because anything can happen, so if you are participants in signature campaign especially in altcoins section just have it at the back of your mind that your reward could go either way, this is a jungle for survival of the fittest.  Grin
What? There are plenty of jobs that people get paid $10-15 an hour to do and they sit there on their phone or talking to their co workers. Signature bounties usually require the person to have a aged account and you are putting your reputation on the line by advertising for a shit bounty that could be scamming its members.
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July 19, 2021, 07:22:12 PM
 #40

People who aren't ready to take risks will never grow that's what I'm 100% sure about, either through bounties or investing if you aren't ready to lose you will never win
What do you mean by this comment? OP thinks about being more selective in choosing bounty, so he won't waste time doing bounty tasks. There is no problem to do this, it is even a good idea. There are too many scam bounties, it is a must to be more selective or doing a complex analysis before joining a bounty. Anyway, joining bounty isn't the same as investing, you mostly just spend your time doing the tasks, not to lose funds there. While investing, there is a risk to lose funds.


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