Let's stop helping scammers | Bitcointalksearch.org

bitkanu

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Quote from: dongosquad on June 10, 2020, 06:52:01 PM

Quote from: cabron on June 10, 2020, 03:03:18 PM

Quote from: ned.ryerson on June 10, 2020, 02:12:15 PM

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True. Even the ones that we see to be a legit one still can become a scam. There are several of them that end up being scam while the ones we thought a scam in the first impression turned out not a scam.
Today we've seen WhalesHeaven P2P Exchange Bounty campaign which partnered with Guarda wallet that looks very legit. How do we know they are going to pay the tokens? No assurance even if they escrow the ERC tokens, they can still create another if they like.

We can't be sure that it's a truly legit campaign before getting a fair reward. In fact, there are often other risks, such as reward lock, or not listing on the exchange even though it has long passed.

That is why bounty hunters tend to choose projects that provide guarantees, such as weekly payments. Yes, and WhalesHeaven is one of the best choices at the moment. WHT is tradable and payment is weekly for the first month. This is like an oasis

Whalesheaven is only traded on its platform and it doesn't mean that can give guarantee for the hunters. It's better to choose a coin or bounty which have already traded in a lot of exchange sites.
More exchange sites and that means the coins adopted by a lot of people.

dongosquad

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Quote from: cabron on June 10, 2020, 03:03:18 PM

Quote from: ned.ryerson on June 10, 2020, 02:12:15 PM

~~

True. Even the ones that we see to be a legit one still can become a scam. There are several of them that end up being scam while the ones we thought a scam in the first impression turned out not a scam.
Today we've seen WhalesHeaven P2P Exchange Bounty campaign which partnered with Guarda wallet that looks very legit. How do we know they are going to pay the tokens? No assurance even if they escrow the ERC tokens, they can still create another if they like.

We can't be sure that it's a truly legit campaign before getting a fair reward. In fact, there are often other risks, such as reward lock, or not listing on the exchange even though it has long passed.

That is why bounty hunters tend to choose projects that provide guarantees, such as weekly payments. Yes, and WhalesHeaven is one of the best choices at the moment. WHT is tradable and payment is weekly for the first month. This is like an oasis

cabron

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Quote from: ned.ryerson on June 10, 2020, 02:12:15 PM

None of the bounty hunters initially knew that the project could be a scam. now everyone chooses projects very high quality and try to participate only in good ones, but even they can be a scam

True. Even the ones that we see to be a legit one still can become a scam. There are several of them that end up being scam while the ones we thought a scam in the first impression turned out not a scam.

Today we've seen WhalesHeaven P2P Exchange Bounty campaign which partnered with Guarda wallet that looks very legit. How do we know they are going to pay the tokens? No assurance even if they escrow the ERC tokens, they can still create another if they like.

Yudhisthir

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Quote from: HunterUnchained on June 10, 2020, 02:56:15 PM

The truth is, it's often very difficult to identify scams from fakes and that makes it difficult to know which projects to skip and the ones to engage in. Take for instance Digitalbits. They came with such a charming plan, got hunters to help promote their project and after a successful bounty, made hunters to wait for a year and ultimately refused paying them, same thing happened with deex and the list goes on. It is very hard to say which project will pay and which wouldn't. We all just have to keep doing our bits and best.

It's true. No investors would want to be scammed of their money while no bounty participants want to get scammed with fake bounty tokens.
But there are some circumstances where the participants though realizing the project is a scam continues to promote it for money.
There are examples of even the so called best of members of this forum being involved with such scam knowingly which afterward cost their reputation and their privilege.

HunterUnchained

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The truth is, it's often very difficult to identify scams from fakes and that makes it difficult to know which projects to skip and the ones to engage in. Take for instance Digitalbits. They came with such a charming plan, got hunters to help promote their project and after a successful bounty, made hunters to wait for a year and ultimately refused paying them, same thing happened with deex and the list goes on. It is very hard to say which project will pay and which wouldn't. We all just have to keep doing our bits and best.

ned.ryerson

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None of the bounty hunters initially knew that the project could be a scam. now everyone chooses projects very high quality and try to participate only in good ones, but even they can be a scam

forexandcryptoauditor

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You are absolutely correct. However, day by day its becoming difficult to identify scam projects. There are many legit projects which are not a scam but failed to raised enough funds and closed due to that. We can do anything in this situation rather than say it as a scam project.
To be at a safer side, we can join bounties managed by proven bounty managers, even though it is still not guaranteed about success or payment.

jrrsparkles

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Quote from: Ken_terrance on June 10, 2020, 03:21:08 AM

How do you tend to escape from scammers Everytime? Don't tell me you have one because that's not always the case, not even a bounty manager can give guarantee on bounty projects they introduce, they will still tell you to do your own research no matter how good their reputations are. .. tell me, cos I need answers

Stop promoting them is the only way to completely wipe the scammers from ICO market, if we keep blaming each other while actively promoting every bounties will results more people to lose their money.

Ccscopst

jr. member

Activity: 40

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so how do you do it? In my opinion it is quite difficult to identify or find out whether the project was fraudulent or not at the beginning after the project was launched? because almost most scamers have revolutionized the ICO project to make it look legitimate.

JasmineRose

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Activity: 630

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of course all people here absolutely want to stop scammers, but if that mean we stop our bounty i think it is impossible.
i always choose the best bounty everytime before i join, but yeah sometimes i get a bad bounty scammers.
we can stop scammers but we can not stop the bounty.

Maturnuwun

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Activity: 92

Merit: 10

simple, if you are afraid then you better not have to bother investing or becoming an ICO project promoter. as we know that investing is risky, being a bounty hunter is also risky. we are in a free world, anyone can play here and embezzle money through various means including through ICO.

RealMalatesta

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Bounty hunters are getting too much hatred from people for promoting scams but you are forgetting that they didn't know it was a scam project to begin with, they were there to make money just like you and me so there is no reason to stop them from investing their time just like an investor would invest their money.

If they knew that they would work for the bounty and not get paid or get paid with fake coins that would worth zero, would they really consider working for it? Of course not, your time worths something as well and if you work and spend that time for someone else you would want to get paid, if you are not going to get paid that is being scammed as well. That is why I doubt there is any fault on the bounty hunters neither, they are as fooled by the scammers as anyone else.

lousie9

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We also hope not to promote fraudulent projects, but on the one hand we also cannot blame anyone because fraud projects are almost real and not everyone can delete fraudulent projects in this forum. especially for investors, I hope to always reconsider before investing in an ICO project.

Towerbreeze

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We have some good members on this forum that always do deeper research to find flaws in any bounty campaign, thanks to them anyways one can easily avoid bad bounties if you can check out scam accusation on this forum from time to time, it's a very helpful section

Rampagoe004

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https://duelbits.com/

Actually we always want to stay away from the Scamer project but to detect the project is very difficult and which is in the whitepaper is always real so that we easily trust the project, it is possible to solve this problem we should have a special trick in choosing the project, and we as a bounty hunter are always cautious although often victimized.

junkerr

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Quote from: cassavachips on June 10, 2020, 10:31:59 AM

This is a risk borne by bounty hunters, so we must be careful to follow their campaigns. Must choose well. Immediately do something that can help you avoid danger when following a scam project campaign. Because if we promote a scam project, we might get a red trust.

not all cases are like that. when it has been indicated or a proven project scam I think there will be no bounty hunter who will promote the project. but most cases of projects get caught scam when the campaign is finished or in the middle of the campaign.

fvb

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I am analyzing the project. Team photos, social networks, domain, etc. And still there were projects in which everything was true, but they did not pay. so no one will give you a 100% guarantee. All hope for the decency of the founders of the platform.

cassavachips

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This is a risk borne by bounty hunters, so we must be careful to follow their campaigns. Must choose well. Immediately do something that can help you avoid danger when following a scam project campaign. Because if we promote a scam project, we might get a red trust.

Reid

hero member

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It had been testified for so many times here in the forum.
Do your own research.

The reason is also to filter the projects you will try to advertise or promote.
They might not be a scam but a lot of them do fail in the end.
Who are to blame? Should be no one. We are divided which is the most problem of all and there is too much ICO that is being created daily which doesn't make sense.
Still, we could see a lot of people joining their campaigns.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: DDante on June 10, 2020, 03:16:11 AM

Be careful which bounty projects you promoting, we start blaming projects once they turn scam for not paying us but we helped them scam many investors of their money, remember, the more we helping scam project the more crypto will get bad names, investors who don't know anything about crypto but took the risk anyways and end up losing his or her money will no doubt says crypto is scam....

I always look on the scam section to check if the project I'm promoting has a good standing and no bad reports, once I found out that there is reports of their bad activity or fake information I just left the project, bounty hunters should do the same, so they are not only saving themselves but also saving those investors.

Topic: Let's stop helping scammers (Read 989 times)