Convince me that bounties paying in anything other than Bitcoin are worth it

[roosbit]

Let's understand the primary goal for having these bounties is marketing the project and helping it grow organically in the future.

Now one fact about today's projects is they are totally different the first generation bounties which were introduced to us without clear plans of an exchange listing, today we have IEO which have secured an exchange listing and made sure you aren't getting shitcoins for the work you put in.

[1715048916]

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[777Jolami]

This year I joined Sovryn and Vuncan, Managed by Irfan… maybe I'm pretty lucky, both are valuable and I believe they will increase in value over time.  Since those are good teams, they are disciplined and professional.  I even put in my paycheck to buy more of them in my basket.  Bonuses are only really valuable when you support the right "real" projects and must follow them when participating.  This makes your time very worthwhile.

[bakasabo]

I guess it is preaty much simple to tell the difference between Bitcoin paying bounties and all others. In bounties with payment with Bitcoin, your maximum earned amount is already known. And usually you wont earn more than $50-100 per week in signatures and less than $30 in social media bounties. In other bounties, the amount you will get in the end is unlimited. But the amount you get is influenced with more factors than in bounties with payment in Bitcoin, where your only enemy is current Bitcoin price. In bounties with coin/tokens payment, you can get $1 or $100,000. That is the trick. That is it.

[asriloni]

in a pandemic condition like this it might be worth it but you have to know that paying with tokens will usually be cheaper than paying bitcoin which in my opinion can be more expensive and of course paying with bitcoin will usually be given every week so it will be better and of course will be more promising.

it's not. You must see that if there were lots of successful bounty that paid the participants more than what already got by the bitcoin signature participants. the price of coins will be determining how much the payment that will be getting by the participants. It can't be measured about how big the payment that already got. Sometime it's very small and in another case it can also be turned into the big payment.
Bitcoin is only suitable as a stable payment but the bounty participants wanna take the advantage from their asset.

[RealMalatesta]

The extraordinary achievements of bounty hunters for tens of thousands of dollars without any investment, the bounty hunter community has withdrawn results from bounties ranging from $ 1000- $ 10000 for the medium yield category, there are also many bitter experiences from scam projects but we face it without giving up and being patient because to achieve big income then need a big struggle.

I do agree that there are a lot of money to be made from the bounty world but it is either small amount or scam projects very commonly, or rarely a very big amount. We all remember the uniswap stuff, it was airdrop wasn't it? And there are people who made thousands of dollars from it so we can clearly say you could make money from bounties that's fine.

However at the end of the day if we are talking about now? Obviously you are not going to get way too much money now, because market is bleeding like crazy, so there is no way you could make money when everyone is losing, it is just a bad situation we are in right now and we just have to accept the fact that in bear markets there are very few people who make money. Just wait until the bull market comes and you will end up with making a lot better profits, it is definitely something that could be profitable during hyped periods.

[seramania]

actually it's very unfair according to the pay of the bounty participants. I myself also think this bounty is just for entertainment and don't really think about it. so i try to find the best project if the project pays big and successful it is my luck and if not successful it is my failure. simple and calm

[gwdf1]

Bounty is a way to plug a product, projects get a lot of advertisement in different social media including YouTube, Twitter and Facebook. I think that if this project is not a scam and you receive their tokens, a lot of people will be aware of their project thanks to the advertisement. It means that people will invest and pump the price. So you will be able to sell and get profit. Moreover, you will understand how this project works and maybe you will also use its services.

The main thing is not to come across a scam, so investigate the project's social media, web-site and overview the team members at first.

[masterrex]

IMO, I think there's no need to convince anybody here, Because, like any other bounty campaigns we all know that there were no guaranteed results in most bounty campaigns especially if the bounty was paid in the native token, that was only rely on the token sale results, In short, we are just speculating, and it's up to everyone if they are willing to participate in that bounty, the surest bounty campaigns are those paid by liquid cryptocurrencies, such like BTC, ETH, Stablecoin's like USDT, DAI and even the Gold Token. and I can attest to that.

[Saidasun]

IMO, I think there's no need to convince anybody here, Because, like any other bounty campaigns we all know that there were no guaranteed results in most bounty campaigns especially if the bounty was paid in the native token, that was only rely on the token sale results, In short, we are just speculating, and it's up to everyone if they are willing to participate in that bounty, the surest bounty campaigns are those paid by liquid cryptocurrencies, such like BTC, ETH, Stablecoin's like USDT, DAI and even the Gold Token. and I can attest to that.

I am asking to be convinced but your suggestion of stablecoins is a good one checking out gold token shows that at least there is some value in that bounty but this bounty is one out of a hundred that are worth it my issue that I have is there is a lot of people who are investing their time in bad projects and they are giving free advertising to scam projects.

[devil2man]

It is obvious that the earnings of the bounties are currently low but those that pay in bitcoin are very few and open only to the high ranks so instead of standing still it is better to make bounties with tokens that seem promising to us, the market can always change and we could find ourselves with a small unexpected fortune you never know, at the limit you sell the little profit in exchange for stable coins to be staked

[Saidasun]

It is obvious that the earnings of the bounties are currently low but those that pay in bitcoin are very few and open only to the high ranks so instead of standing still it is better to make bounties with tokens that seem promising to us, the market can always change and we could find ourselves with a small unexpected fortune you never know, at the limit you sell the little profit in exchange for stable coins to be staked

But if 90% of the bounties are paying a couple of cents per stake then that is not worth the investment and you would probably be better off investing your time into something else like a day job or a delivery job.

[Noruka]

This year I joined Sovryn and Vuncan, Managed by Irfan… maybe I'm pretty lucky, both are valuable and I believe they will increase in value over time.  Since those are good teams, they are disciplined and professional.  I even put in my paycheck to buy more of them in my basket.  Bonuses are only really valuable when you support the right "real" projects and must follow them when participating.  This makes your time very worthwhile.

Yes you were lucky I looked at both at them and participated in Vulcan, the campaigns were luck. This is far from the ordinary. You can participate in ten campaigns and if you are really lucky out of those ten you have something like Vulcan and Sovryn. They also paid more or less in time and they sticked to the promised amounts. Others come up with so many issues and in the end the token is worthless anyway.

[anandaijun]

I think, the bounties program has its own uniqueness in getting money for free as you mean although it is not a guarantee. However, it seems that you are also aware that every project in Bounties already has an allocation amount of what % will be given to several campaign programs. I think that's good.

[indah rezqi]

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.

Many people who have participated in the bounty program have benefited just by running a campaign, whether it's a social media campaign or a signature campaign. I think, out of 100% of the participants involved, I think 80% succeeded even though it took hours. That is, the bounty program is a good alternative.

[harizen]

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.

If someone told you their earnings, and then what? You don't need to question why others are still participating in bounties today. You are violating a bit of their privacy by asking some figures.

No need to give you some pointers or convinced you if doing and joining bounties are worth it or not. Why should someone take the research for you rather than testing the waters based on your own considerations. Let your experience or how you looked at the current situation tells you the answer.

Simply there's no need for a much deeper explanation to this. Others are still making good payments while others are not.

[CryptoYar]

~
I just do not understand why people would want to work for free without any guarantees at all.

You are right. but bounty hunters have no other option, they have to take this risk.

If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing.

it's not a luck-based thing I think it is research-based, If you join any bounty after doing bounty hunter research, then they will probably get profit.

I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.

My experience with bounties so far has been good as I don't jump into any bounties without researching.

[perfect999]

I agree with almost everything been said in OP but I will answer what I probably could here.

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.

Because there are fewer projects and 100 times more participants. That is also the reason why you will see even scam projects or shady ones getting enough attention from bounty hunters. There is a common tendency among bounty hunters, that is - If even I don't get anything from these tokens, why shouldn't I try it at least, because it costs me nothing.

[Mpamaegbu]

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.

Well, I can tell you for free that earning in bounties is a thing of luck because most of the projects at the time of the bounties may not even have the tokens ready. Some at the end of the bounty will still not even have them. Again, it's a huge risk most hunters take because there are often projects which don't fulfill their promises of paying hunters at the end. On a few occasions, one might stumble unto a gem and then make a lot of money from the tokens. Cartesi is one of such gems for me. I was among the hunters two years ago or so and it's proving to be a nice token for keeps. At its ATH, my earning was well over $6,500 from it.

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.

It's not true to say hunters activity of selling that causes tokens to dump. Hunters reward percentage is very small compared to what shares the companies and their investors keep to themselves. Most times, investors get to dump on the projects before hunters are given their rewards.

[Silberman]

In 2017 then I was quite happy because some of the projects I participated in were successful and quite quite a payment that I received for my work.
But for the current year I think many bounty hunters are restless because many projects do not pay and the complexity of regulations when distribution.
My advice for the time now when wanting to follow a bounty program we have to really carefully choose a project that really pays when successful and on time in distribution.
My suggestion to join a trusted telegram bounty manager channel such as detective, Hhampuz, Irfan(bounty portals) is an alternative step to get a project that really pays and has a good future.

Times have changed, back then there was a decent chance that the people participating in those bounties will get a decent reward but that is not the case anymore, after all the best projects do not need to create those bounties campaigns anymore as they can go directly to the exchanges and release their project directly to millions of investors that are always looking for the next big thing that is going to give to them huge profits.

[LordMiguel]

Honestly, i do bounties when i am bored or have nothing serious to do. you are 100  right about the current bounties these days. None are willing to pay. even if they pay today. tomorrow they swap their token to new ones and ask bounty hunter to pay fees for swap. it is terrible and i have decided to stop and will stop. just hoping to build my bitcointalk account to participate only in signature campaigns.