Well, my personal experience is that, I've participated in several altcoin bounties, I admit the risk is high, because some of this altcoins don't pay at the end of the day, some that even paid, take a very long time to get listed and some times even after getting listed, the token is still worth nothing tangible, but this does not apply to all though, as I've been lucky to participate in a few that were really worth it, at least, at the time.
But I believe that some people that participates in altcoin paying bounties don't do so because they really want to, but due to the fact that bitcoin paying bounties campaigns always come with very limited number of participants and a strict rules which some are not able to meet up with even if they manage to find the campaign early before the available slots are filled.
This has made alot of people have no choice but to go with altcoin paying bounties.
Topic: Convince me that bounties paying in anything other than Bitcoin are worth it - page 6. (Read 958 times)
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July 19, 2021, 11:43:03 AM
July 19, 2021, 11:35:35 AM
I've only had one ever bounty that was worth it and this was for GIGAbyte or as it was known before Byteball. But the signs were there. A super useful wallet, a first new type of algo (DAG) and a dev who actually knew what he was doing and a full community who were so helpful, and useful, and guess what, no one talked about price. A use case coin (smart contract escrow between p2p) and a wonderful community.
Their coin is only worth $22 today but it never died:)
What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.
Their coin is only worth $22 today but it never died:)
What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.
How much did you earn from that one bounty and how long and how many other bounties have you been a participant in? $22 is probably better than most but it depends on the amount of coin you earned from the bounty. I am not being convinced by people saying that they have only had one or two bounties work out for them when their post history indicates they have been doing it for over 3 years that is not a efficient way of earning money at all.
July 19, 2021, 11:32:55 AM
The bounty hunter job has the risk of paying unsecured tokens based on the weekly stake calculation obtained from each campaign participant, the job looks very dubious compared to the btc paid signature because the payment is guaranteed for the distribution value, but is there a signature payment btc pays $2000 for 1 participant in 2 weeks, we have Hex bounties and many of the highest paying bounties this year.
Each job bounty through a signature campaign is different, because each project provides a different allocation with a predetermined duration, and one more thing is that signature campaigns that are paid in BTC are determined in dollar size for each participant in each week, so this is definitely different with signature campaigns that are paid via token project after the campaign ends. July 19, 2021, 11:28:18 AM
People who aren't ready to take risks will never grow that's what I'm 100% sure about, either through bounties or investing if you aren't ready to lose you will never win, you can't predict a project until the promotion is over and whatever happens after the promotion you should be ready to accept it.
July 19, 2021, 10:55:58 AM
There are a few important things to making bounty with "stakes" profitable.
The most important thing is to do a good research of the project, i.e. check the whitepaper and dev team. Tokenomics is also very important, i.e. it's good if there were not too many tokens in circulation.
It is also very important how many tokens are allocated to the bounty campaign. If it is a huge amount, then we can be sure that after going public the price will be dumped by bounty hunters and we will earn a lot less than what was counted in the token sale.
The other things are in the hands of the dev team, i.e. marketing and development. If they manage to do everything as planned, then bounty with "stakes" should give us good results.
The most important thing is to do a good research of the project, i.e. check the whitepaper and dev team. Tokenomics is also very important, i.e. it's good if there were not too many tokens in circulation.
It is also very important how many tokens are allocated to the bounty campaign. If it is a huge amount, then we can be sure that after going public the price will be dumped by bounty hunters and we will earn a lot less than what was counted in the token sale.
The other things are in the hands of the dev team, i.e. marketing and development. If they manage to do everything as planned, then bounty with "stakes" should give us good results.
July 19, 2021, 10:37:45 AM
Even before it had always been a risky thing to join bounties.
You cannot ignore the fact that they are still in the phase of accumulating money for their projects to be a success or just for a start-up point.
If they don't reach the cap even with your support with signature, telegram, or any other platform then it means you also failed to help them.
I won't expect too much with bounties and just consider it as a lucky pick if ever they moon.
PS: If their market volume is legit then even with bounty hunters dumping their shares it should not move too much in value. Most bounties just get a share of 1-2 percent so it should not affect it.
You cannot ignore the fact that they are still in the phase of accumulating money for their projects to be a success or just for a start-up point.
If they don't reach the cap even with your support with signature, telegram, or any other platform then it means you also failed to help them.
I won't expect too much with bounties and just consider it as a lucky pick if ever they moon.
PS: If their market volume is legit then even with bounty hunters dumping their shares it should not move too much in value. Most bounties just get a share of 1-2 percent so it should not affect it.
July 19, 2021, 10:37:38 AM
The bounty hunter job has the risk of paying unsecured tokens based on the weekly stake calculation obtained from each campaign participant, the job looks very dubious compared to the btc paid signature because the payment is guaranteed for the distribution value, but is there a signature payment btc pays $2000 for 1 participant in 2 weeks, we have Hex bounties and many of the highest paying bounties this year.
July 19, 2021, 10:28:28 AM
I believe that every bounty hunters already accepted the fact that they may be working for nothing, and there is a saying that says that no risks no reward, I heard bounties like DIA, Cartesi, Apeswap, Vulcan forged paid bounty hunters very well but everyday isn't Christmas so expect some disappointments
For those who have participated in bounties such as DIA, Cartesi, Apeswap, Vulcan, I don't think anyone will be disappointed, because if any of them do not get paid, it may be because of their own fault, not the fault of others. 
July 19, 2021, 10:12:54 AM
I've only had one ever bounty that was worth it and this was for GIGAbyte or as it was known before Byteball. But the signs were there. A super useful wallet, a first new type of algo (DAG) and a dev who actually knew what he was doing and a full community who were so helpful, and useful, and guess what, no one talked about price. A use case coin (smart contract escrow between p2p) and a wonderful community.
Their coin is only worth $22 today but it never died:)
What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.
Their coin is only worth $22 today but it never died:)
What I'm saying is, it's worth it if you also have a use and an interest in it. But if there isn't any of these things, forget. Take BTC, ETC, LTC, even DOGE.
July 19, 2021, 09:50:24 AM
I believe that every bounty hunters already accepted the fact that they may be working for nothing, and there is a saying that says that no risks no reward, I heard bounties like DIA, Cartesi, Apeswap, Vulcan forged paid bounty hunters very well but everyday isn't Christmas so expect some disappointments
July 19, 2021, 09:49:00 AM
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.
You are not the only one who is in this trying to sanitizing the atmosphere here on the bounty side. Whether the problem should be blamed on the hunters or managers , no one can tell exactly but I believe is a serious problem and some managers don't really care about whether the project they promote through the hunters does well or not and the next week you see they have opened another thread for a shit project
July 19, 2021, 09:41:46 AM
Honestly, I once joined that bounty signature before with stakes and never joined again. I mean, I just improved my skills and rank up then joined signature campaign with bitcoin payments. It is worth than bounties which you would wait for the reward payment after launched of the project or after it will be listed in an exchange without surely if the value of that coin is worth enough or not.
July 19, 2021, 09:28:31 AM
I just do not understand why people would want to work for free without any guarantees at all.
At one time bounties in this forum paid way more than an average bitcoin paying signature campaign. That time was short-lived and was more of a bubble. Somewhat similar to what we have seen with altcoin trading being more a gamble than bitcoin trading.While the bounties lost their "profitability" the people who used to do them did not understand this but thought that one fine day everything will go back to the good old days.
Quote
If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing.
Most hunters accept that and still complain. The intelligent ones never try to enter them anymore and some actually move away to bitcoin paying campaigns.Quote
I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.
I have taken part in some total 20 campaigns in the past of which only a handful 3-4 became worthy of selling even in today's date. Many of them rose a lot during the ICO craze but then crashed and never came back up.Bounties are not worth your time. So I wont try to convince you otherwise.
July 19, 2021, 08:55:53 AM
Sometimes it's true that there are many signature campaigns that work for almost months until the end is disappointed when the final announcement arrives that the project we are working on is considered a scam, but not all projects are like that, there are also successful coin fees and high fees so that the workers I want to follow the once successful Dev project, for example if I think the project is held by Dev Sikon,,,
July 19, 2021, 05:02:54 AM
The first to create dump effect is not signature campaign participant because the participant token is only 1%, Even 1% amount will not be sold at the same time
THIS IS JUST MY THOUGHT:
I personally don't really care about guarantees because I consider signatures not as a job but just as entertainment when I have relaxing time
This is a good argument if you are already posting the amount that you post when you sign up for a campaign but if you are producing more posts and spending more time on the forum as a result without any guarantees I doubt that many would follow this mindset. THIS IS JUST MY THOUGHT:
I personally don't really care about guarantees because I consider signatures not as a job but just as entertainment when I have relaxing time
Bounty hunters sell, that's how they get paid and receive BTC after selling assuming there is a market for the token. Most of the tokens are listed especially in the swapping platform. This wouldn't convince you since we are just going to assume the token has a good value while they sell but the point is that they are paid.
There are projects however that really are a good ones which price goes up to more than $50, the teams, however, are not paying in bulk but they do it gradually.
July 19, 2021, 03:34:52 AM
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.
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.
I have been to a lot of bounties and there are projects that have been worth doing bounty to these projects, the truth is there is really no guarantee if the project will be successful in the long run, but when you accept your job as a bounty hunter you know all the consequences and the profit accompanied on it, there are projects I've joined where I earn in a month what I will be earning for a year if I working in 8 to 5 jobs, you've had to take a chance the next project you're working could be the biggest one.
July 19, 2021, 03:25:14 AM
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.
1. Tempted by the value offered without realizing when the distribution of prices is very likely to drop and even become worthless, because the distribution is carried out over a long period.
2. They keep working on the bounty while continuing to hope that they will get the legit ones and give a big profit, and usually if there are 1 or 2 that provide a large profit it will cover the worthless.
and because there are no exact indicator to determine which bounty is legit, it makes the bounty participants still want to work on all the projects that arise, this can't be faulted because everyone has a different perspective
July 19, 2021, 02:52:13 AM
The easiest way to convince you is the quality of participants in campaigns that pay in Bitcoin and quality of participants in any bounty.
The comparison with your eyes will give you an impression that quality of the first type (pay in Bitcoin) would be higher. If you pick two other campaigns and compare them again, you will get same thing.
If better posters want to join the first type, it means those campaigns are better. Is it enough to convince you that most of bounties are not worth to join?
The comparison with your eyes will give you an impression that quality of the first type (pay in Bitcoin) would be higher. If you pick two other campaigns and compare them again, you will get same thing.
If better posters want to join the first type, it means those campaigns are better. Is it enough to convince you that most of bounties are not worth to join?
July 19, 2021, 02:46:19 AM
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 would but I must see how good or bad the fundamental of the company. Did you what happened with facebook? There are bunch of companies were also starting from the small companies and it can't be a major company in overnight. 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.
They were betting on their luck but some people may try to do the best by doing analyzation before try to participate in any bounty. How much profit totally depends on the how much the rate of tokens. There have been bunch of stories about the successful and failed bounties. That depends on your decision about which bounty that makes you feel interested to participated
July 19, 2021, 02:34:14 AM
maybe it can help you if you think from the perspective from those hunters. some of them are "forced" to accept it since they can't find other options, some of them are just doing it for speculation, some are doing for fun and to kill time but don't want to join scam bounties, etc. if you are still not convinced then i guess it's not for you.
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