Is bountyhive suspicious to you? - page 12.

左

sr. member

Activity: 476

Merit: 250

Quote from: kellit14 on March 28, 2018, 09:42:24 PM

It seems very suspicious to me that the BountyHive is a black box. We do not get to see who is entering. There is no spreadsheet. There is no oversight. Bountyhive could be taking half the coins for themselves for all we know.

Then a new bounty comes out.

The bounty fills up and closes faster than airdrops. I'm talking 5k participants within a few hours. Go check every other bounty spreadsheet with public results here on the forum. You do not find anything close to this rate of participation anywhere else.

I have no idea if they are legit or not but something seems off in all of this and I'm writing to see if anyone else has the same suspicions. BountyHive could be pulling off a large heist. How would we know?

Based on the participation rate, 5k within a few hours, it seems impossible to me. Most likely a scam.

xda-developer

full member

Activity: 392

Merit: 100

Yes, it is not convenient enough that you can not observe how your work is evaluated and there is no possibility to see the distribution pool. So if the bountyhunter's tokens will stolen, no one will know. But I hope for the honesty of the organizers.

lamajuice

newbie

Activity: 8

Merit: 0

Very interesting. I went to the telegram channel and it seems a lot of people are not getting paid. Head over and check it out. They may make a nice little side business collecting those coins as well.

I thought no reporting was good until you realize there is 0 way to monitor what's going on. I will take the spreadsheets over this way of doing business as you have no idea what bounty hive is up to. Yikes.

I may just go get a job at McDonalds instead of bounty hunting (Esp with bitcoin tanking). What the hell am I going to do with a whooping 40 bitcoinus tokens (I had to do 2 bounties to get 40 f'ing coins). Back to spreadsheets and manual posting. At least it can be audited to a degree.

magmaman

newbie

Activity: 40

Merit: 0

I agree with both of you guys. Bountyhive is a scheme to enrich the owners of the site. You know its a scam because your not allowed to see any sort of spreadsheet or verify who is actually getting these coins. I know more about the dealings of the federal reserve than I do about the legions signing up for the bounties on BH.

20k telegram users in a matter of a week or two? Top 50 coins do not even have that type of numbers after being around for 1+year. Then getting 5k-6k users fill up the available spots in a matter of a couple hours when 0xBounty spots last for weeks/months. Do all the hunters on BountyHive not know about any of the other sites?

They are for sure taking much of the coins for themselves and giving scraps to the real hunters that happen to be there to keep the gig floating along. There are too many suspicious things going down. Good looking out guys.

wong tsu gieh

newbie

Activity: 210

Merit: 0

I think yes because we can not see anything and bountyhive can also take half of the coins we have and in this bountyhive I also do not know, but many people know if this bountyhive a little suspicious and can do theft

kellit14

newbie

Activity: 12

Merit: 0

It seems very suspicious to me that the BountyHive is a black box. We do not get to see who is entering. There is no spreadsheet. There is no oversight. Bountyhive could be taking half the coins for themselves for all we know.

Then a new bounty comes out.

The bounty fills up and closes faster than airdrops. I'm talking 5k participants within a few hours. Go check every other bounty spreadsheet with public results here on the forum. You do not find anything close to this rate of participation anywhere else.

I have no idea if they are legit or not but something seems off in all of this and I'm writing to see if anyone else has the same suspicions. BountyHive could be pulling off a large heist. How would we know?

Topic: Is bountyhive suspicious to you? - page 12. (Read 852 times)