Topic: Bounty Hunters Please Explain This ? (Read 343 times)

If you compare bounty campaign that ran before 2017 and the bounty campaign that run currently you will find the answer. I'll be agree if the first factor were scams project, because the scammet have a simple way to attract many investors. Moreover when the hype came you'll forget what should be done before you choose the project you just have a good predict to the project and just store your money on it.

And the second thing is sentiment market itself, you won't ever see the price token/new token went down a lot when it has launched on the exchange. You may see at 2017 ago, almost cryptocurrencies were increasing although the altcoin doesn't have something that can be sold even there was an altcoin who made based on jokes but it was interested by many people.

Since it is very risky to take to participate, Always bounty tokens almost dumped since it will list on exchanges and the main problem is they can't follow the price what they tell at the start of the campaign.

Even if we analyze everything carefully and the project is not fake, unfortunately the current situation on the cryptocurrency market is terrible and there is no certainty that funds for development will be collected. Even if the softcap will be reached, it may turn out that the project will fail. Long story short, the risk that our support will be gratuitous is very high.

Yes, itt do keeps launching in spite of the current market condition for ICO's which had been already known and been not supported
by many already since people already switched up to ieo since they do know that projects will be directly listed and be traded into a certain exchange
unlike on ICO which everything doesnt have the guarantees. I dont see a point why people should continue on dealing with ico nowadays.

there are still new bounties that rise everyday and most of them are fake projects, pretending to be a good project just to steal money from investors.  Its your job to find legit projectst for good rewards after the campaign.

even though they have good funds and are able to pay, sometimes it is difficult to exchange the coin into money, because they are usually difficult to listing in large markets.
most of them also difficult to get a soft cap, because again and again, the matter of trust has declined. some IEOs are pretty good, but they do sell directly in the market, and there is no bounty. so the best option is if there is a bounty that pays directly with bitcoin.

Glory days? More like shitposting days if you had seen the forum in those times. No wonder theymos came up with merit system to stop these people from ranking up with just posting twitter reports all day.

Would you waste time on doing that or develop some skills and get a proper job which pays you?

Because "good projects" dont exist. If they would, then they would not come for crypto as investment method. They would go for the stock market and give out their shares to investors willing to pay for them. Every initial blah blah offering is a cashgrab now.

True, many projects dont even have an MVP (minimum viable product) to develop on. They start projects on what they feel good about without testing if that project really has a market or not.

It all boils down to the decrease in number of ICO launched.  If the number of project conducting ICO or IEO decreases then the number of new bounties will also decrease since is mostly new project that holds bounty.  In response to project not paying hunters timely, i will say that it largely depends on the project financial strength.  Some projects with good funding can pay bought hunters and help buy back at exchange when hunters sell to avoid price dump.  Such project treats hunters well and they pay timely and accordingly, i will advice you devote your time on projevt bounties with good funding

That's because bounty ain't in its glory days anymore. There are still a few successful bounties, but we don't know which one unless we've tried them one by one.
Despite our research about the projects, it's such a hard thing to find a good one. It's all due to too much scammed and failed projects the past years that makes investors kinda hesitant to invest their money in some projects. With lack of ideas, copycat of other projects and all. Even if you found a good bounty, it doesn't mean that the end result will have a good price.

To answer your question is very simple, OP. Investors already lazy about new ICO/IEO since there were lot of ICO/IEO scammed their money even though the project looks so legit. This is not like 2017 where there were been only few projects ICO/IEO, investors are likley prefer to invest their money on some old coins (bitcoin, eth, etc...)

We are within a bear market on the verge of becoming a bull (my belief). There are a lot of variables one has to consider. There was a period of time where the ICO movement was thriving, but only because regulation hadn't quite reached it yet. It was like a wild west, whereas companies were operating within the legal gray area of the laws. On top of all of that the price of Bitcoin was nearing it's all time high, it was a pump like never seen before. All tokens and coins were gradually following Bitcoin's price movement up, so Bounty Campaigns paid much higher then.
  Then the regulatory bodies like the SEC started moving in pretty heavy against cryptocurrency based companies who raised capitol through means of ICO types of fundraising. The claim being made was that many startup companies who sold tokens may have encroached upon the securities laws, in-which if a company wants to raise capitol through crowdfunding, it must check with the SEC first to ensure they're not violating any securities laws by their creation of "so-called" utility tokens. These tokens may have utility but may behave like securities. To prove so, companies are responsible to practice their Due Diligence by observing the statues of the "Howey Test", a test designed to recognize whether or not the tokens being offered constitute as utility only tokens or securities. see "SEC v. W. J. Howey Co" for further detail

In short, it isnt really worthy to deal with bounties nowadays or shall we say it isnt even feasible on the start of 2018.
There are still some few projects that do had some ICO now but sadly even how legit those are, they still failed yet we cant really
deny that ico is almost completely dead.Heck, IEO is the new trend now.Finding other alternative ways on how to earn is the best thing
to be done.

Really hard time to all bounty hunters now because of bounty campaign are becoming scam or not going to play at end of bounty campaigns n due to not successful in their ico or tokens sales because the investors are not trusting new ico or tokens sales if that is legit also due to there are 90 % of ico are going end with scam.

So my opinion is best way to find alternatives to earn crypto currencies due to bounty campaign are almost  died now.

I think that ICOs will start to appear after thr price of bitcoin rise up to $15,000 and we know that there is still people who will entertain this kind of investment and thinking that they will sell it after it after it get listed on exchange but they don't realize that they already take the bait and they've already been scammed.

For me, ICOs are really a bad image for a cryptocurrency and and most of them are 100% scam.

You should expect such since market is not in a good shape presently, the best you can do is keep looking for solid projects, some will still withstand the market and have good value still.

   There are new bounty campaigns, bounty sections is full with new bounties. Many of them are looks bad, in a way that their topic
looks like some amateur try. Which is a normal thing, when you check bounty managers and see brand new accounts.
   I will agree with you Shoreno, low price is better then 0 price. Is it even possible for price to be higher when supply of some new
tokens is measured in billions of tokens. With that kind supply and almost zero demand how can someone expect some higher price?!

no new campaign is coming ? but you also said some project came but not good at all ?  that simply means that there are still bounty campaigns ( ico ) but the good ones are only limited and hard to find nowadays because many project are created bad or some are not bad but its only hard to get investors it maybe because of the status of crypto market and other issues like banning on other countries  .   projects that have low price are more better than projets that dont have a price at all   .

many investors lack confidence in ICO projects because many ICO projects have become scams.
the market situation is also one of the factors that investors lack more confidence in the ICO project.

Even the IEO does not guarantee that the project will succeed. The fact that the project will be listed on exchanges only helps to confirm that real people are behind the project and (probably) have good intentions. It just helps to confirm the credibility of the project. The most important problem is investor confidence. Bounty hunters just have to wait until the market stabilizes and investors return.

In fact, any campaign that you see now should be seen as a childish developer except the it is being released through IEO platform because that is the platform that investors still trust for now to get them a genuine project. Investors became less interested in ICO ever since they released that virtually all projects that they out in their money ended up in the pocket of those that are not serious about the project or really have anything to offer to the public and you and I know that there is no market without these investors.

I think these projects have really bitten hard on the tail of the finger that feeds them and now, they are lacking the interest of investor that is needed to generate money for the project and moreover, hunters too are being so skeptical about projects too now.

Just improving the condition of the market is not enough. Investors must learn to check and analyze a project before investing in it. Only in this way will it be possible to eliminate scammers from ICO market. As long as people invest without thinking, scammers will keep trying.

Investors interest makes the bounty hunting's no longer profitable. There's no support from previous investors since the scamming part of this business has being felt all around the market, if there's no money for the developers there's no chance for the bounty hunters to earned decent rewards. things will be different once the market recovers and investors trust will be gain back. Bounty will be healthy again if the market bounce back again and bring new investors inside.

We could assume to that since social media campaigns are just being piled up by cheaters and there's no point on rewarding them that's why some project try different approach on bounty that can bring them quality works.

However, we can't deny the fact that investors had loss interest on crowdsale and would prefer to spend money on buying and holding top coins. Anyway, bounty hunters should just stop wasting their time joining and who knows that will change the game.

As in many posts is written, it is the fault of many scam ICOs and the fact that investors are afraid of throwing money away. However, I think it would not be so bad if it wasn't for the very long bear market. Unfortunately, but many projects failed because they kept their funds in cryptocurrencies instead of converting them to fiat. At a time when the market fell by 90%, they lost funds to finance development and failed. The point is that investors have lost confidence in ICOs and the projects are not even trying to raise money now because there is not enough fresh capital.

2016-2017 are the only years which i do consider out that bounty hunting is really worthy of your time yet majority of them do give out some
decent pays for its participants but after that bull run then majority of projects becomes scam and highly affecting bounty hunting of course.
Totally a waste of time if you do tend to participate on a certain project which you cant even be sure if they would got listed on exchangers or simply
you wont be paid at all in the end.

I agree with them even in 2017 they started to offer scam projects which end up to be a scam. Unlike before that, I hold some of their coins become valuable after block halving.

They keep making some more projects last 2018 until this year which is most of them are scam I tried to join in some ICO bounties but no one gives me a good token or coin that has a value they just stuck in my wallet with no price.

Since people heard a lot of scam about ICO project they slowly stop investing in this kind of project. I don't know for IEO if they actually works but I think they are still the same.

I hope they can make a good solution for this. They should verify team first ask for real documents before they start ICO or IEO projects so that it can reduce scammers abusing our forum.

Those good years of bounty campaigns disappeared after 2018 and the recent bounty campaigns are crap. If you have time to waste for useless bounty tasks, check the bounty sections board of the forum and you are not going to see a good project, unfortunately. The new projects don't have interest to pay the higher amounts for the bounty hunters and the old projects have filled the full limits.

Thanks sir for my mistake approved.Next time I Mind it.

The legit projects are not just going to send out their tokens to bounty hunters either, they will rather wait and ignore if you if you call them scam for not distributing even when the campaign lasted 6 months ago. Some the tokens are already traded on the exchange but are not offering the manual swap to BEP. The kind of team is only giving promises, its better to just stay away.

In addition, what happened with ICO trend in 2018 was hurting the various marketing services especially for autonomous campaign service like bountyhive, bounty0x, etc. The bad trend that happened with ico in 2018 was giving a widely bad image to ICO. But some decent bounties are still available in the market. As long as you are doing a proper research and you will get the best one. I agree with someone above me that scammer was hurting investors.

It's been happening for almost a year. Dumping tokens when it came to any exchange and the one to blame is the bounty hunters. We don't know if bounty hunter is the one to be blamed but there's a possibility that It might be the work of the devs    Real investors lose their trust in these kinds of schemes and they are avoiding ICO as I noticed. Before (in 2016) there are only rare cases that an ICO is failing because of a lack of investors, But today most ICO failed because of a lack of investors. It shows the respond of the real investors on the trust they lost on these scam/puny ICOs.

I guess bounties becomes less effective to bring investors so team doesn't want to waste their money on bounties,they prefer most effective methods.

So the remaining useless projects are coming with crap ideas and newbie accounts,so chances of scam is high so no one willing to invest so when that token hits exchange it got dumped.

This is not a problem but this is a reality now in the world of bounty hunting. The majority of the projects that are now coming are not good for everyone but still, there are bounty hunters that are trying them for real.

You need to embrace this reality, the solution for this is to avoid the projects which you think doesn't fit the likes of you. And for the good projects to come, we don't know when they will come.

I have reported this thread to move to altcoin discussions because it's nowhere related to bitcoin.

I see Darker45 has given a detailed answer to this leaving no points untouched. I will summarize the issues as per my observation.

I see the root cause of the issue is due to the terrible loss of credibility. ICOs have become an wild playground of HYIP scammers! Literally we can hire a designer and pay that person few hundred dollars to create a stunning website for me to start an ICO business. We even have php scripts available for just $49 to manage the background of it which takes care of token issuance.

So every single person reading this post, can create an ICO website and start accepting investments. The result has been disastrous as an immediate effect. And we are seeing few to fewer projects coming up nowadays! Majority of them have taken IEO route which is another scam in the making!

ICOs and token sales became popular in 2017 and we saw quite a boost in the ICO scene during the early months of 2017. This was also one of the driving factors behind the all-time-high price of Bitcoin late in 2017.

Most of these ICOs was scams and a lot of people lost a lot of money on these token sales. This lead to Facebook banning advertisements for ICOs on their platform in January, 2018 and more social media companies banning it too.

The government also got involved when the U.S. Securities and Exchange Commission announced that it has the authority to apply federal securities law to ICOs and most ICOs in the US just dissapeared after that.

The legal ICOs now goes through strict procedures to be listed on Crypto currency exchanges, so it is much harder to buy and sell these tokens on popular exchanges now.  

at the end of this year if we see the prize hunter has decreased compared to last year because now there are so many projects that hold social media campaigns and the ico project almost doesn't give us prizes, even though like that but I personally currently always follow the campaign project because I think all that we follow there will definitely be one campaign that really pays for our hard work and for me there is no obstacle to joining the prize campaign if we want to succeed.

I don't think this question belongs to the Bitcoin Discussion section.

Anyway, here are my observations:

• Most projects offering bounty campaigns nowadays are either scam, terribly poor copycats, do not offer anything new to the market at all, or if they do it is not something that the people really need in real life.
• Members who are promoting crypto projects are lucky enough already if their token payments have value, listed on decent exchanges, or even get paid.
• Bounty campaigns are mostly done by projects that launch ICOs or IEOs. Since the market for ICOs has already lost most investors, the projects are far from reaching success. The IEO market is not much unlike the ICO market in performance.
• In the event that a project pays tokens with value and has it listed on an exchange, there is an almost automatic dumping that follows.
• Those projects that have overcome the ICO and the exchange listing hurdles are mostly getting weak and dying as time passes by. This is probably due to their integral weakness or the very tight competition in the crypto space.

Bounty era has ended already if you just realize it now, then I'm sorry to tell you that no more bounty project has paid a lot since the end of 2018. Most of the bounty today is just a crap, wasting time and not sure if they will pay you at the end of the campaign. Those happy stories in the past about bounties have become a legend now. If I were you, I will look for another job if I want to continue living.

The problem is more scam project created in 2018-2019 many investors feel the lost and do not want to invet anymore in ICO project.

Since more of the ICO failed and lost its value once its listed in exchange, investors already know what will be the consequences investing in any of them. besides they dont offer new to investors they are always making a project the same with other. its  just changing the name but the idea is the same.

I see that now a - days new bounty camping are not comming. I also see that some project are come but this project are not good. Every project are lowest price then Exchange.

How this Problem ?