Topic: Convince me that bounties paying in anything other than Bitcoin are worth it - page 7. (Read 958 times)

In the past, I had enrolled for several bounty campaigns which made the payment in altcoins or tokens. And I was able to get very good profits from some of these campaigns. One such campaign rewarded me with $2,000 worth of tokens for two months of work. Anyway, that was in 2018. Nowadays, the number of good projects have gone down, and the competition between bounty hunters have increased. On top of that, the very high Ethereum transaction fee has made it more difficult for the bounty hunters to convert their ERC-20 bounty tokens to either Ethereum or fiat cash.

That's the risk and any bounty hunters already aware about that and that's why they were doing their job based on the quantities to make sure when they have been participating in all of the bounties will be increasing their chance to get the payment from their work. I personally prefer to did it based on the quality rather than quantity caused by the quality project will always give a very big reward for the participants.
Your analyzation to the bounty project will be determining what will be the result from your work dude.
If you can get the trusted one and im sure you will get a payment

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.

If you can judge a good project then you will more likely get the expected reward, altcoins is all about  trial and error sometime youre not lucky and wont be paid sometime you gat a good prize because st the very first the project have promising future and product.
If you just want a stable income then i dont think following altcoins bounties is recommendable, it's really all depends but there are also altcoins bounty that paid weekly and rather stable it just fluctuates in price that is its disadvantages.

Personally, I think participating in vaguely project bounties is time-wasting which I haven't ever tried any of them. Your main idea is also struck me why would anyone do such kind of thing. though, afaik I also notice that some of them are using bots to participate in bounties.

On the other hand, let's say there are some genuine people that find money on various bounties. I would say that's is inefficient, but what comes to my mind is that they also notice that cryptocurrencies bounties have full of promises. Instead, to seek a better opportunity, they rather maximize the Pareto principle. They just participating in all kinds of bounties they are able to achieve, in as a result, they hope the project would be successful.

Well you don't have to do them, they are always a gamble and people choose the risks involved. Some of them won't pay but i made something like $11k in 2017 with just one bounty and it was paid with an altcoin that's now dead i think. Also paying with project tokens gets people more directly involved and not everyone is in it for the fast cash out, some of the people actually believe the projects they are advertising.

Its true, its only happen on very low volume coin. The strong project like Sovryn for example, i see the price keep goin even after reward distribution.

Here are my opinions:
1. The most worth it signature campaign payment will be in BTC and it's a fixed payment weekly/monthly.
2. Others are probably the payment with coins or tokens that have been listed and tradable on exchanges.
3.About working for bounties, it may be worthy and also maybe zero or shit bounty, here are also my personal opinions:
   - Before choosing one of the signature campaigns, we must analyze whether the project is really legit or not and the chance of the token listed on the top exchanges can be also seen from their roadmap and their announcement. A serious project will announce about it and also will provide completed information about their plans and strategies. The bounty may be worthy enough with high payment if the project is legit and listing their tokens or coins on exchanges. We have known several projects that can make their tokens or coins worthy enough until right now. But, it may not be as many as the shit projects. We can also find out shit projects in which the bounty hunters only worked for free because of this. And we also know that many bounty hunters seem not to mind enough with this situation. Maybe it is because they have been ready with the risks. But for me personally, if I will join the bounty projects like that, I will prefer to choose the projects that are managed by popular BM, have very clear token listing exchanges, top exchanges, and also analyzing the projects.
- But yeah you may be right that not every bounty that is done will be worthy, moreover if the account is under Full Member. It may be worthy if the account is a Full Member and higher. The stakes will be higher and of course, the rewards may be higher.
But once more, do some research on the right bounty that will pay you exactly.
Some bounties that are likely successful may be like DIA, CTSI, and many others.
But, we also can see the numerous shit bounty projects that will not pay you, not listed tokens, or shit tokens.
Just be careful and smart in choosing the bounty, because  you may get worthy rewards or shit rewards.

No guarantee to earn a good income even you hold your bounty rewards for a long time, it always depends on the progress/development of the project itself. If you see the project has a good improvement and looks promising in the future, it is okay to hold a long time. While for the project that is not really promising and even looks bad in improvement, it is better to sell the tokens got from its bounty immediately.

Well we all know that doing bounty campaign is not worth it all the time some campaigns don't even pay Hunters at all especially if the project turned out to be very successful.But it is not always all the time that projects refuse to pay hunters.Many bounties pay and some coins after payment perform incredibly well in the market if the hunter was able to hold them for some time he will make a good profit out of it.Been in this forum for years and have earn a great deal by participating in bounty campaigns

Bounties don't have a guarantee payment and they offer stake based actually on the budget that they've set. So, it's not actually a share from the project that you're going to join but it's the stake coming from the whole amount that they put for that particular bounty. As you see, most of them have allocation for specific bounties and how much is the percentage of its share on it. And the stake will rely on that percentage being allocated to that particular bounty like social media/signature campaign. Bounties are not actual work, they're just incentives and you only do that when you have spare time to participate. You don't wholly rely your source of living on it and that's why you don't expect a lot from it.

no need to blame each other, if project have quality ofcourse no one will dump their token reward. Bounty campaign not only signature only, there are many task in other platform such as social media bounty.And if it is true they dump token , its be their choice and maybe have different strategy in crypto market. Collect bitcoin as much as from token reward selling was the best way

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

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.