Pages:
Author

Topic: Convince me that bounties paying in anything other than Bitcoin are worth it - page 3. (Read 921 times)

sr. member
Activity: 2002
Merit: 269


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.

There's still a lot of bounty campaigns in the bounty section, and there are still a lot of participants in every section of the campaign like the social media campaign, in my experience, I earned good when I was so active in the bounty campaign, that was the time there were a lot of good projects, there were campaigns where I earned $100 to $300 per campaign, I stopped participating when Bitcoin is going up I shift to my current campaign so I can earn Bitcoin instead of altcoins.
sr. member
Activity: 1596
Merit: 264
~
Well that is why many bounty hunters tend to handle multiple bounties at a time, so that they'll be able to mitigate risks of wasting their time on a single project.
It is kind of a "frowned" thing to do in here for me, because it feels like this forum is being used primarily as an earning platform.
full member
Activity: 1512
Merit: 115
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.
Ohh we have a lot of other tokens paying Bounties that Hunters have made good monies from and like you try to portray, even Bitcoin Paying bounties can be this way too. After receiving my Bitcoin from the bounty I participated in the last time, the worth of the Bitcoin dropped because of cause the market is in that trend now and it is caused by people dumping too.

Look at what happened to the price of that coin in the past 24hrs to the last 7days, yes investors made money which is really the basis of all our investments anyways and I know of some other token paying Bounties that have come out this way.
Like someone already mentioned here, there's no need to talk down other projects as it is Bitcoin and others, so Eth, USDT, and token paying Bounties are all others and we cannot say they are not worth it.

hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.
sr. member
Activity: 910
Merit: 253
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.
True, in general the allocation amount for the bounty campaign is always visible at the beginning by dividing a few percent into several campaigns, so basically it is the rights of the participants to be paid even though there are cases of teams running after the project is finished so that the bounty participants don't get anything.

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
hero member
Activity: 2828
Merit: 611
I'm sure many are not aware of the risks involved. there are still many who complain to the bounty manager if there is a distribution problem or a missing project.
we really haven't maximized our knowledge and skills to avoid that risk. I'm sure everyone will thrive, and those who want to learn will find it fast.
The risks are beyond our thinking actually. I mean if even you work under a known and reputed manager, it doesn't guarantee you any confirmed profits or even tokens. When writing smart contracts there are ways to take back tokens even once sent to the manager and we cannot expect the bounty manager to read the whole smart contract and find glitches.

I guess that's why it's best to do one of the two things.

1- Work for only known and tested projects/teams
2- Make sure the campaign pays in BTC or at least has put some kind of collateral/BTC under the manager in case something goes wrong.
sr. member
Activity: 532
Merit: 250
bounty campaigns sometimes don't pay well but you have to know that not all bounty campaigns are like that, only a few bounties handled by trusted managers will give good results and even more so for bounty campaigns that pay in bitcoin, you can be sure that they will be paid on time.
member
Activity: 175
Merit: 10
ITSMYNE
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.
legendary
Activity: 2534
Merit: 1338
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.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
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.
sr. member
Activity: 1610
Merit: 299
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.
hero member
Activity: 1064
Merit: 638
~
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.

legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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

Just don't expect too much and if in case that you find some luck to recieved decent value with your rewards just
be thankful with what's the outcome.

Sometimes when you expect much you'll saddened once the results is not favoring you, let it go and try more harder
to find the right bounty for you.
hero member
Activity: 1344
Merit: 852
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.
full member
Activity: 294
Merit: 100
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.
sr. member
Activity: 910
Merit: 253
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 Smiley 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.
sr. member
Activity: 334
Merit: 275
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.
legendary
Activity: 2506
Merit: 1125
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.
Market conditions do not have an overall impact on all projects so the bounty does not suffer losses because the bounty is not part of the investment, you can review one of the latest bounty distributions is that Unitedcrowd is paid the equivalent of 2.3 eth for one participant when the market is bearish now.
member
Activity: 759
Merit: 15
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
Pages:
Jump to: