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Topic: Cheaters are Destroying the System, How can we Deal with them? (Read 593 times)

full member
Activity: 686
Merit: 131
Honestly, I think cheaters are stopping themselves.

Bounty hunting has grown so out of control that there is now was more supply than demand.
Basically, it just is flat out not profitable and can not be sustained.
When you have lots of people becoming bounty hunters, and each bounty hunter doing multiple accounts, it will come crashing down.
As people start to realize that bounty hunting is not profitable anymore. it will start to balance out.

Of course, for us that have done bounty hunting and made profit before, it totally sucks.
I have seen so many good projects absolutely destroyed by scammers.
They actually bring bad press to the project and then go and crash the value of the very token they were promoting.
So for now, I think it just needs to run it's course.
full member
Activity: 630
Merit: 103
I think that you are right and it is worth fighting with scammers, but now in addition to multiaccounts it has become fashionable to buy bots that will write for you any comment or make a repost.
member
Activity: 294
Merit: 21
Buy, sell and store real cryptocurrencies
Do not panic, in the first  you can always participate in companies with kyc, however, the moderators do not sit still, I'm sure after the latest updates on the site has become much less such users
jr. member
Activity: 280
Merit: 1
The Premier Digital Asset Management Ecosystem
Over time, you begin to distinguish cheaters. fake projects aimed at pumping funds and draining into the pipe
hero member
Activity: 998
Merit: 504
Hi guys,
In the last 4 months i noted that a lot of people are creating many accounts (fake accounts) to participate in the bounties as multi accounts per user and as we all know that one of the main rules for every bounty is to use only one accounts per user.

Cheaters are greedy and harmful
Cheaters are not greedy they are so greedy, in the beginning they starting with two or three fake accounts then after a while they became having many fake accounts per one user.
They are not only so greedy but also harming, because after a while they starting to harm other bounty hunters, as an example for the reddit campaign they are using their fake accounts to downvotes the other hunters in order to decrease their stakes which logically will go to them because they are using their fake accounts to get a lot of upvotes.
Another example is for the blog/article campaign, the campaign that are beeing attacked by a lot of cheaters in the last months, they are using fake bitcointalks accounts to steal hunters' articles and adding their wallets.

These cheaters are destroying the system, they collecting a lot of tokens for each project and then sell them immediately when the project hit the exchange causing a dump in the price which also causes another loss for the investors.

I had saw a lot of cheaters and i know a lot of fake accounts on twitter, facebook, reddit, medium and bitcointalk accounts. i have a big list of cheaters but then what? every time i report tens of them i see hundreds coming and if i continued doing that i'm losing a lot of time hunting them, we need a creative solution to stop the cheaters, we want a clear and perfect system to stop and prevent them from the beginning..

Why i'm writting this topic?
my purpose from this topic is to discuss with you guys how can we stop the cheaters, i hope everyone can share here his visoin on how to stop them and after that we'll clarify and filter all the replies to get the basic rules that can be used by the bounties' managers to prevent the cheaters from being exist.
Also what is your opinion for sharing here all the cheaters accounts so they'll we known by us, so everyone can reports them to the bounties' managers for the bounties that we are participating in.
Cheaters are always going to be part of every system as well as fraudulent activities. Even in the real life, banks themselves are involved in fraudulent activities just like some few banks recently involved in one with JPMorgan and the likes of Citibank being involved. The thing here is, as an individual, what are you doing on your own to be able to not get caught up in all of these.

This is where knowledge comes in. If you have no knowledge, you can never find it easy to even identify anything at all when it comes to scams. Cheaters are not the only ones damaging the system, gullible investors are too.
full member
Activity: 490
Merit: 103
Yes, I completely agree with you, moreover, many bounty managers abuse their power and blur the reward on their fake accounts, I wrote about them repeatedly, they harm and cutting the wood on which they sit. Such a system will not work with time because of such an appeal to it. For example, I no longer write anything about new projects in my blog. The only thing I do is wear a signature and a few tweets from bountyhive.

You yourself can see how many projects are now collected here for example, look at Enkidu, they have not collected anything, because they have a bounty Manager, does whatever he wants and has been seen in bad things.

There are a bunch of tools that allow you to weed out a significant portion of fake accounts and pay a reward to those who really benefit from their work, helping to promote the project. Not some faggot grab onto.
full member
Activity: 728
Merit: 139
As I can see , forum administration intending to fight cheaters by tightening bounty campaign rules. For example : you can no longer participate in any campaign being a newbie. You have to be at least a Jr.member to participate , this is not so easy to do now because you need to prove your competence on the forum and get at least 1 merit to become elighible to participate in bounty campaigns. I think these changes will positively affect the number of cheaters , let's just wait and see how effective these changes will be.
member
Activity: 308
Merit: 10
AMA BCT
Those components are very much present in this market. But that is life, they need to work harder to make more money. But in terms of efficiency, more and more people involved in a campaign will make the ICO project better. I only really hate spammers, who do not take the job seriously!
hero member
Activity: 1470
Merit: 655
by first educating yourself and second by giving that knowledge away to others and educating them.

if you hang around for a while you will gain enough experience you find out all the scumbag ways that people use to cheat others. and the only thing you need to do is to inform others, even if they don't listen.
sr. member
Activity: 1680
Merit: 259
Hi guys,
In the last 4 months i noted that a lot of people are creating many accounts (fake accounts) to participate in the bounties as multi accounts per user and as we all know that one of the main rules for every bounty is to use only one accounts per user.

Cheaters are greedy and harmful
Cheaters are not greedy they are so greedy, in the beginning they starting with two or three fake accounts then after a while they became having many fake accounts per one user.
They are not only so greedy but also harming, because after a while they starting to harm other bounty hunters, as an example for the reddit campaign they are using their fake accounts to downvotes the other hunters in order to decrease their stakes which logically will go to them because they are using their fake accounts to get a lot of upvotes.
Another example is for the blog/article campaign, the campaign that are beeing attacked by a lot of cheaters in the last months, they are using fake bitcointalks accounts to steal hunters' articles and adding their wallets.

These cheaters are destroying the system, they collecting a lot of tokens for each project and then sell them immediately when the project hit the exchange causing a dump in the price which also causes another loss for the investors.

I had saw a lot of cheaters and i know a lot of fake accounts on twitter, facebook, reddit, medium and bitcointalk accounts. i have a big list of cheaters but then what? every time i report tens of them i see hundreds coming and if i continued doing that i'm losing a lot of time hunting them, we need a creative solution to stop the cheaters, we want a clear and perfect system to stop and prevent them from the beginning..

Why i'm writting this topic?
my purpose from this topic is to discuss with you guys how can we stop the cheaters, i hope everyone can share here his visoin on how to stop them and after that we'll clarify and filter all the replies to get the basic rules that can be used by the bounties' managers to prevent the cheaters from being exist.
Also what is your opinion for sharing here all the cheaters accounts so they'll we known by us, so everyone can reports them to the bounties' managers for the bounties that we are participating in.



Cheaters is educated people with low asset, they only need big reward from bounty program with easy way. They will kill the system soon as possible and create bad image about bounty hunter, not good but stop them it look's impossible. We need better device and technology to track them and of course big money will involved. Let's bounty manager decides and handle this problem, we can't do nothing.
legendary
Activity: 1288
Merit: 1036
Getting kyc information beforehand can solve the problem on ICO site. But forum cannot handle this for each user, even it's a bad idea about anonymity.
Also, we see huge topics contain the same content on each page of it. The reason is signature campaigns. Lots of good information disappears within this garbage.
Well, there are some platforms like ICOBench that helps with KYC information for teams and practically make sure they are verified based on some KYC criteria. Asides that, I would say laziness of people to look in between the lines, and see the writings on the wall is what makes a whole lot of people to end up being a victim of these cheaters.

Not everyone will have the same positive mindset towards something, just in the same way that we have evil people all over the world, but the thing is that as an individual, you should at least; know how to identify some of these things when it comes to investing in anything at all. How can you know where you are investing, when you do not even understand the system itself?
newbie
Activity: 238
Merit: 0
The solution to that is nothing far fetched from each participants submitting their data through KYC. Despite this KYC, some participants will still cheat, because some of them use fake identities. So they can make copies of national ID and passport that are fake. Although, nit many can do that, so it will definitely reduce the rate. Afterwards, we can now begin to look into details on the KYC documents submitted, but that will be dine by the project team.

That's depend on the required papers to pass the kyc, for example (passport/identity + bank statement or bank prove of address + selfi) will make it hard to be scammed.
member
Activity: 448
Merit: 12
The solution to that is nothing far fetched from each participants submitting their data through KYC. Despite this KYC, some participants will still cheat, because some of them use fake identities. So they can make copies of national ID and passport that are fake. Although, nit many can do that, so it will definitely reduce the rate. Afterwards, we can now begin to look into details on the KYC documents submitted, but that will be dine by the project team.
copper member
Activity: 363
Merit: 9
I think that is already a problem that has to be tackled as a community, it is very difficult to do something individually with those cheaters, the most you can do is denounce them to the bounty managers and provide them with all the necessary assistance to take action on the matter.
Yes, it is a problem long time ago and it will continue to be one as long as there is bounty campaign. People will always find ways to cheat because of this "greed". They want to have bigger piece of the pie, that is why they cheat or we might say that they are in dire need of money. Bounty managers i think should find ways how to combat these cheaters as they are destroying the community.
member
Activity: 588
Merit: 18
If a game plan can be created as an investment model, the fraud can be prevented even if it can be. At least if not all, it's a start.
member
Activity: 518
Merit: 10
Its huge collision bounty hunter cheaters with ICO cheaters! And that's the problem that everyone have to deal. I don't think KYC is solution and I'm strongly opposed it, because of many KYC data stealing scams.
full member
Activity: 294
Merit: 100
You've certainly touched upon the important issue of generosity companies, but.... The fact is that most of the bounties now do not pay tokens at all.
member
Activity: 196
Merit: 10
I think that is already a problem that has to be tackled as a community, it is very difficult to do something individually with those cheaters, the most you can do is denounce them to the bounty managers and provide them with all the necessary assistance to take action on the matter.
member
Activity: 402
Merit: 10
Merit has certainly helped but there are more important things for the project team to focus on, like meeting the softcap. If someone uses multiple accounts it is not a big deal to them, as long they fulfill the requirements of the bounty then every form of promotion will help
jr. member
Activity: 336
Merit: 1
There are two major solutions to curb using multiple accounts for bounty campaigns.. First one is restricting one account per IP on the participation form, by restricting one IP address to one account it'll cut multiple accounts registration drastically and secondly using Kyc, though it's not palatable to all bounty hunters but it can still help in this regard, either upfront or at the end of the bounty campaign to screen out fake and multiple accounts on spreadsheet
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