Topic: Bounty hunting - work or a hobby? - page 15. (Read 1797 times)
Bounty hunting is a hobby for me. I usually do it during my free time. Sometimes at night or before I go to sleep. I like posting and commenting here in bitcointalk because I can share my thoughts and ideas about crypto and at the same I learn a lot by reading the questions and answers here in this forum. For some maybe they consider it as work, for me its a hobby.
Some of them doing for hobby and some of them doing it seriously, when I said seriously they kinda cheat from some bounty campaign, like multiple accounts. I don't know this ICO bounty will last though, more and more days to come ICO will get hardly an attention.
Bounty is my hobby, which often brings more money than my main job. But my work allows you to devote enough time to participate in campaigns.
Bounty hunting is my job. I wake up everyday and I'm at it, I close everyday from it. I revisit it after school whenever I'm less busy I look at new projects on my watch list. It pays my bills and I dedicate my time to it. It's all worth it and it's fun most times as well.
I just posted a reply in another thread where the OP stated they considered bounty hunting was work with money paid to you for your time and resources, with it likened to running a small business. I felt rather that you’d ‘paid’ for the bounty tokens in your wallet with the time you’d used doing bounty tasks and reporting etc rather than with your own cryptocurrency or fiat, and that you needed to factor in as well the time wasted on other bounty campaigns where you didn’t get any reward/payment for your bounty work because the ICO didn’t make softcap or was unethical or a cashgrab or scam! In terms of whether bounty hunting should be seen as a part or full time job/small business or rather as a hobby where you may pick up a few dollars using your phone and computer and internet and time, I felt it would depend on each bounty hunter’s individual circumstances and prevailing tax and other laws in their country. I imagined that most bounty hunters here would treat it as a ‘hobby’ that may bring some reward of tokens that may or may not be worth anything, rather than as job giving predictable taxable income - but I’ve seen little discussion or information published about this however.
I’m interested in how bounty hunters here view their receiving of bounty tokens and the value from holding or selling them - as a hobby or as a job with taxable income? And also are bounty hunters aware of any tax or other ‘rules’ known to apply to tokens received or sold in the various countries we live in?
I’m interested in how bounty hunters here view their receiving of bounty tokens and the value from holding or selling them - as a hobby or as a job with taxable income? And also are bounty hunters aware of any tax or other ‘rules’ known to apply to tokens received or sold in the various countries we live in?
At first I consider this is a job. Over the course of several months running, I think bounty becomes a hobby because I enjoy this job.
In my mind, I spend most of my time for her, because I like this idea. I hope in the future the bounty campaign will flourish.
I do my best. I will keep trying to achieve the best results although sometimes the results are not worth the effort that I do.
I do my best. I will keep trying to achieve the best results although sometimes the results are not worth the effort that I do.
If it was a hobby, then the participants will be willing to participate in bounties even if the rewards are not significant. But that is not the case. We participate in the bounties, because we want to earn money.
It's not a hobby for most of you people, since I would bet my house that none of you would be cranking out shitposts and social media spam if there weren't some sort of financial incentive for you to do so. For pretty much every bounty participant, it's a job. Though I don't have any numbers to back up my assertion, I suspect that being a bounty hunter is a full-time job for most of them.
For me, I don't participate in these altcoin bounties and I associate them with illiterate spammers. My signature campaign is enough for me, and I consider it a reward--and a generous one at that--for doing something that I would be doing anyway, which is posting on bitcointalk. I wasn't in a campaign for quite a while after I registered here, and I was posting just for fun. That's the way it should be, IMO, and I cringe when I see people making their living off of posting here. People actually try to support a family by doing it instead of trying to better themselves or seeking real work. It's frightening.
For me, I don't participate in these altcoin bounties and I associate them with illiterate spammers. My signature campaign is enough for me, and I consider it a reward--and a generous one at that--for doing something that I would be doing anyway, which is posting on bitcointalk. I wasn't in a campaign for quite a while after I registered here, and I was posting just for fun. That's the way it should be, IMO, and I cringe when I see people making their living off of posting here. People actually try to support a family by doing it instead of trying to better themselves or seeking real work. It's frightening.
Well, at least in my country, cryptocurrencies are still a loophole when it comes to tax, regulations aren't thought out and cryptocurrencies aren't taxable. Honestly, the amount most of the bounty hunters earn aren't enough to tax, I mean, when it's taxed it would be so low that every user here would be forced to use multis for bounty hunting, otherwise, you can't make a living from it.
So taking bounty hunting as a freelance off-record work. Let's be honest here, some of us have switched to full-time bounty hunting from our day jobs, to be a freelance taxpayer, you need a tax registration certificate, how many of us have it here?
Actually in my place there is no tax should be paid for bounty hunter since there is not administration for this and its true that the hunter now is different with before and its not enough income for tax. As we know we dont have any exact income as bounty hunter so how it can be taxed? And i do this as a job not hobby. So taking bounty hunting as a freelance off-record work. Let's be honest here, some of us have switched to full-time bounty hunting from our day jobs, to be a freelance taxpayer, you need a tax registration certificate, how many of us have it here?
It is good if you can do both bounty and doing work you can have a fixed income with your work. And doing extra income by doing bounty. Both are good because you can have double income, the more income you have the more money you can save.
I still building my account for join bounty program, but i still a newbie at here, and don't have a lot of time to do this job. Hope have some good strategy at the future for someone like me to do bounty jobs.
for me as a Bounty hunting I consider him a job because of all the effort and time you spend on it, and as a bounty hunting you must really obey their rules, and they must follow the task they take you to, to earn big money in bounty campaigns, I enjoy the bounty hunting
In my opinion, Can both. But some people, this is a hobby because they only do this during their spare time and for fun. Some people find it interesting to join the campaign. But if you spend a lot of time to study and work here to get me but I hope always that the ICO I follow is not a scam because sometimes they are good at first. Hope this is my luck.
For me it's a work. I put big effort and time to do the assignment , I don't have a work now and Im happy that I have something really important work to do everyday to earn money .
Bounty hunting is a work and hobby, imagine doing work for just 10mins. Some people resign on their work to focus on bounty hunting. But for me it is indeed a hobby, you can't depend on bounty hunting as a primary source of income.
When I entered the cryptographic market, I participated in the hunt for bonuses and investments. For me, joining the bonus campaign is also a job. I spend time, effort to earn rewards. This is an income that I do not have to invest much. I like this job very much.
according to my personal bounty hunting is a job as well as a hobby that can generate some money for trading capital that I can get, yes you are right lately some bounty scam to the participants I suggest to choose a good bounty manager and ICO who have a good team.
I thought on the taxation level it doesnt really matter as in my country theres no solid regulation any income with bounties, whereas full time bounty hunter like you has significant risks versus rewards over a projected long period of time, so full time is really not possible, but to share you a real life scenario, its better to work as team around crypto stuff, I have two friends that worked full time as crypto 'hunters' as they both seeking opportunities within crypto and one of them is scheduled bounty contributions which increase efficiency while getting other stuff like trading enhanced and moving.
it depend on your thinking and your mentality! if you want it to be a job it could be a job and if you want it hobby, so you could make it as you want! look, if you try to upgrade your rank and work hard daily 16 houres i can promise you good profit! and much money as return but if you consider it as fun and do not take any effort for it you ll earn just a penny and you ll laught on it lol! so as i start my opinion it always depend on you! do you agree guys?
Well, at least in my country, cryptocurrencies are still a loophole when it comes to tax, regulations aren't thought out and cryptocurrencies aren't taxable. Honestly, the amount most of the bounty hunters earn aren't enough to tax, I mean, when it's taxed it would be so low that every user here would be forced to use multis for bounty hunting, otherwise, you can't make a living from it.
So taking bounty hunting as a freelance off-record work. Let's be honest here, some of us have switched to full-time bounty hunting from our day jobs, to be a freelance taxpayer, you need a tax registration certificate, how many of us have it here?
So taking bounty hunting as a freelance off-record work. Let's be honest here, some of us have switched to full-time bounty hunting from our day jobs, to be a freelance taxpayer, you need a tax registration certificate, how many of us have it here?
As for me working abroad, I take bounty now as part of my daily routines or hobbies... As another source of income since my salary is not enough to support my family needs in my country!I have a little time to do bounties because of my works that's why I just take it as hobby, enjoy it and just have fun... Taking out the boredom I felt sometimes.. But when I finished my contract and go home I will take bounty as my home based jobs... Since I know also how to trade I can do both to have another source of income while at home..
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