Topic: Bounty hunting - work or a hobby? - page 18. (Read 1777 times)
Will for me its a work. I didnt see its hobby. Because its not like basketball play with fun. Bounty is a serious job so its work for me
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 think that's a job because if you want to earn really good money you need to spend a lot of time and deal seriously with it. 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 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?
following a bounty program is indeed a job because we promote the project and indeed our work will be paid if only if ico reach softcap range because if can not reach softcap the funds collected from the sale of their tokens will be returned to the investor then there is no fund to pay the bounty hunter 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?
It is quite possible to attribute to a hobby, if you do it with interest and are fond of it, but for me it is still more work.
For me, it's a hobby. Since I do not see any great prospects in bounty campaigns. But for some it's a job, there are people who do 50+ campaigns.
Bounty hunting is far from hubby, bounty is a serious Job in which you do with your time, am not disputing the fact that we can take it as our hubby, this is good and it's make work to be enjoying when doing it.
But it's more or less than a job because we are getting paid for the work which we do.
But it's more or less than a job because we are getting paid for the work which we do.
Bounty hunter - for me is work, it is a form of not fixed and flexible. Because you spend time on this job to earn extra income but it also indirectly becomes speculators or traders. So, you have the ability to build an indirectly aggressive portfolio with campaigns and you can expect them to become a huge passive income in the future.
Just a hobby for me. I know people that searches daily new bounties, but I don't like doing that. I just relax and if I stumble upon a promising project, I jump into it and start a bounty
In my view, bounty Hunting is a kind of work because we do our best to work on the bounty project we have chosen. We get rewards from a bounty campaign, that's why I conclude that doing bounty is a job or a side business to earn extra income. Hunt hunters really obey the rules in bounty campaigns in order for them to qualify for reward rewards.
Of course, this is work. At first, it is the work of the "monkey" at the computer, by pressing the retweet/repost button, which gradually turns into creative work, for example, in writing articles, and then in an intellectual work of selecting projects (so as not to waste time on frank scam)
Depending on the way you take it, majority of those in developing countries might see it as a work because they kinda earn pretty cool when converted to local currency, those in developed countries might see it as an hobby
It is combination of work and hobby for me. It is pleasure to be here and writing, but I do it in order of work most of the time.
in hunting bounty I consider this is my side job, because this is what I do to earn money. in addition to this I consider as a side job, now this is like a hobby for me, because every day I keep doing this. and if not, like there are less in my daily life.
As far as i am concerned, i see bounty hunting as a job and on the other hand i see it as an hubby. If you do not enjoy the work that you do, you may not the able to maximize the opportunities in it and that is why it should be seen as a hubby. It is a work, because you have to give your best toit, in order to get the best from it.
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?
the coincidence of my country for bitcoin is still not allowed so it will be funny if something is not allowed but withdrawn taxes. yes my friends do bounty just to fill the spare time maybe, because most of them precisely this is the main job. 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?
if you say that bounty hunting is a hobby is wrong, hobby is a pleasure without having to expect any reward but in my opinion bounty hunting is a side job to make money in our spare time
we are the majority entered in bitcointalk have the intention to seek additional income, from the beginning of this we also should start to like this job .. because all have demands to be completed in order to get maximum results ..
therefore I convey information not just a hobby but a positive side job and can produce ..
therefore I convey information not just a hobby but a positive side job and can produce ..
I see bounty rewards or tokens as a form of payment i receive for working fir sometime. And as you said it invloves a lot of investment and dedication (taking into consideration working and reporting). Well i don't know anything about taxing of bounty rewards in my country as at now (Regulations on crypto are still not stated here)
REMME is built on the premise that a decentralized system is better than a centralized one, which is vulnerable to attacks.
in fact, many people are engaged in this as a hobby, but a lot of BUT, you can really make decent money, thanks to which you can live very wealthy
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