Topic: Newbies: Stay away and avoid all bounties! (Read 903 times)

Those that earn up to $400 from sphere bounty should be signature participants with the rank of senior member and above if am not mistaken. You can't be a social media bounty hunter and expect to earn big no matter how much money is allocated for bounty hunters.

Having said that, bounty is a complete waste of time. The only bounty that is worth doing is the one the project decides to pay in bitcoin, not with their tokens. Only but few bounty campaigns have offered to pay in BTC 

Any member that understands the essence of growth as a gradual process and not just an immediate gratification means will in no way get themselves involved in bounty hunt.
Or just maybe they don't have any good ideas to bring to the table, perhaps, they don't know the benefits that comes with growing throw the ranks how it outweighs any bounty pay both in knowledge and financially.

It is true that you can earn money from bounties if it is legit but as you have known that most bounties are scam. You can't stop them from joining bounties if they want and I do understand your advice which is to stop newbies waste their time on scam bounties. Anyway, it's not just bounties that you can participate to earn money. I have tried participating in bug bounties which if you can find one then you will get rewarded. I also tried testing casino, lottery which I earn money but that was before.

I have taken a very long break participating in bounties (except the one I have in my signature who is paying consistently and steadily). But of course, bounties are the reason why it kickstarted my crypto career years ago, so I'll never forget where I actually came from. A bounty hunter.

Gone are the glory days of 2017 where any bounty gives us huge money to cashout. But it doesn't mean that all bounties are trash, but most of them are. We just have to dig deeper and find a gem there despite the risks for both time and money.

Bounty is not waste of time, there are still some bounty's that pays the hunters but due to much participants in the campaign could end up gain little amount of payments which some managers like bounty detective, Brainboss kept limiting their participants from participating to avoid waste of time an energy. I can only encourage most bounty hunters to participate on those bounty's that would pays in BTC or Usdt and even BNB. Any other campaign with their local currencies should be take off from their budgets, although it depends on the campaign if is already listed on exchange then they might enroll.

I thought the forum could only post opinions, but I didn't expect to earn money. But few people can really earn money, right?

The bounty hunters on the forums are a lot like the people on Twitter, it's a huge army. The purpose is simple - to make money.

What is "real bounties" ? Not a single bounty manager can guarantee a good outcome. Even managers that you have mentioned have bounties that has ended with nothing. All of them have bounties that ended well, and bounties that has ended with "waiting for distribution from the team". There is only one thing you can be sure with them - the management of campaign will be on top level.

My point is - join bounties just for fun and dont expect much from it. If you get a reward, you should be happy, if this altcoins is traded, you should be double happy.

I don't think they will understand. They just come to the forum only to hunt bounties. They don't think what the benefits of the forum. They just watch a video or read a blog and come to the forum and just start hunting the bounties.

Bounty hunter only look at the news bounties. And you will see that they don't read about project and apply for the bounty.

They think if they get one good bounty out of 10 they are successful. (This is my point of view others may disagree)

There are some bounty manager who are doing good job and always run real bounties.
Like
@murat
@Hhampuz
@Yahoo62278
@irfan_pk10

@BountyDetective this bounty manager mostly give reward in stable coins. And I think this is better than to get bounty coins/tokens.

a waste of time for those who carelessly follow the campaign. I guess some bounty managers don't delay their bounty campaigns. but they think more about doing due diligence on the project before launching it.
the launched campaign must be really good and will not disappoint the participants.
I still believe not all bounty campaigns are bad. there are times when serious projects with sufficient capital can make bounty participants happy.

not something funny because we've seen it now. it is real. and that's what makes bounty hunters manage more of their farm accounts to join the bounty campaign and get more results from the bounty.
if they participate with one account, it does seem funny to survive. but if they join dozens of accounts, of course, it won't be funny anymore.

I don't support the idea that all newbies should avoid bounties. Why should they? Bounties are also part of what is keeping the forum going. Only advice them to be smart and research so that they will not promote scam companies.
Talking about the pay, some new companies don't have money to fund their promotion. It will not be totally wrong to help promote a genuine project without being paid for it. Some people are promoting bitcoin clean up for free. Everything is not about money.

You can't compare a signature campaign that pays out it's participants in BTC and a bounty campaign that pays with a token that even hasn't been listed yet. And the chance of it ever been listed isn't great.
Though I'm not saying that all bounty are waste of time but the fact that bounty hunter ain't even ready to research a project before taking part in it and later end up wasting their time.
And if the project eventually turns out to be legit, imagine a campaign that's willing to pay $5000 for a Twitter campaign that will run for 8 weeks having more than a thousand participants, and at the end each participants will receive at most $6 for their eight weeks work.

Bounty is now an outdated means of earnings on this forum, but in the last couple of year's back quite a good number of old members here can attest to the fact that there was an altcoin boom that lead to the rise of bounty hunting, I know a good number of reputable managers on this forum that have launched bounty campaign that pays users huge return.

But lately, the altcoin market has become more or less a Ponzi scheme that only promises 10x profits that may never come.

Some of the member here or newbie want to create an account just to be part of the bounty campaign because some of them having a hard time to earn merits so they take the bounty than having a takes a lot of effort to earn merit. Nothing wrong to participate in these but make sure the one who manage is already reputable to make sure there's no scam might happen in the future. For me still ideal is with the campaign of signature and btc payment because it is already have a good value and not wait to the alt to have valuable or not.

We shouldn't compare reputable signature campaigns with some random bounty campaign for the numerous tokens that pop up every day. Unfortunately, the large majority of users participating in such bounty campaigns do not actually care if they're promoting a legit service or token. They are only in it for some quick bucks in case the token explodes in price. Although, we've also seen the exact same pattern with 1xBit's users. As Lucius already pointed out, thanks to the introduction of the merit system, these users will never rank up, prohibiting them from even applying for a decent signature campaign and spamming other sections of the forum as well.

Market condition that's the major reason why quality campaign has seize to to come to the forum. Atleast for me those contacting aren't giving me enough reason to accept their projects especially as they aren't willing to escrow well established coins like Bitcoin or stablecoin for their campaign. My last profitable campaign was 👉 {Paid} Seasonal Tokens Campaign | Budget: $50k ~ BTC | 8 weeks. ESCROWED. Profitable because the hunters got the reward worth their investment into making the campaign a success. The campaign was a success because after the end of the first campaign, the project came asking for another promotion which was later (close to the bear market) closed as the results weren't as decent as the first time.

In time like this (Bear market) those that participate in bounties should seize promotions of campaign or better still do your research before engaging with any project. No monetary opportunity on the forum should be consider a full time working job as you'll be disappointed, consider them a privilege and don't abuse them. Instead make good use of the skills you have to make a career for yourself in the industry. And if you don't have any useful skills, make good use of the bear season to go learn something that can be useful to the industry and you won't regret it.

The era of bounties is far gone. Bounty is a complete waste of time. If you had noticed recently, bounties are not forthcoming and some reputable bounty managers like Yahoo62278, Hhampuz and CryptopreneurBrainboss have put a hold on managing bounties. Based on the market conditions and the scam project that is on the rise in the crypto space.

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It's quite funny that a good number of bounty hunters are dependent on bounty projects for survival and they don't care to research the projects they are promoting.

It's not always as easy as it seems, it can take a long time to be accepted into a good bounty campaign, so in order to get results now, many decide to start clicking right now around where there is such an opportunity, so that at least some part of their clicks will bring some result. Everyone has their own working strategy.

That analyzing aspect will gone if they participate on social media campaigns since they can join as many as they want and will not carry much the mindset that they will get paid since mostly they just hit all of them then try to see of which of those projects will pay them. But in signature and other bounty category which can be join by one only maybe they will be choosy to join since there sweat and effort is valuable so they really need to read the introduction of the project as well the whitepaper to see if the project is reliable and if they have chance to get paid by them.

Being more selective in choosing bounty campaigns will help beginners find bounty projects that actually pay them off. There are many ways to do research on each project and it is important to know about the bounty project. Not all projects that pay altcoins are bad, there are some projects that do pay but they are small, because the allocation for social media campaigns carried out by newbies is very limited and many participants join.
But if the manager doesn't regulate about depositing social media links, then the bounty thread will become a place for link deposit spam and this will also damage the reputation of the account and it will be difficult to develop.

basically follow bounty projects that have been researched in advance, make sure they pay the right amount and don't make the forum a mega spam thread.

My hope is that bounty hunters, instead of blindly doing bounty tasks, will at least read few lines of a project they are promoting. Instead of click-click-click-repeat, they would read something, memorize or try to analyze what is in the market right now. Then it will be easier to select a project they would promote. Instead of promoting already a 1000th dex exchange, move-to-earn game, meme token or marketplace, they would focus on really something new.

Are you sure the bounty hunter left the campaign? even after being cheated by the bounty team with allocation cuts or by fraudulent projects. You can still see in the bounty thread the new project and so many participants there too. even most do not hesitate to participate with their many accounts which are clearly against the rules of the campaign.
resuscitating bounty hunters will be difficult. because their goal is to create an account on the forum to follow the bounty. do not discuss and increase knowledge.
if any bounty hunter complains about a project not paying them or an unprofessional bounty team. better ignore it. not many will listen.

For this reason most bounty hunters prefer to leave the bounty because there is nothing more to hope for there, almost everything is trash and participating there will only be a waste of time.
In addition, there are also several successful bounties, in this position the Hunter is always a victim of the greed of the bounty team, they choose to run away with the entire bounty allocation because the price is getting higher. Truly tragic in my opinion.

Bounties are not generally wrong but the fact that most of them scam or defraud others is what makes it completely wrong.

In addition to my above-mentioned statement, bounties generally accept any posts regardless of its quality. This contributes wholly to the overall quality of the forum as a whole- in which these bounties are not properly regulated and checked by their manager.

Unlike bounties, campaign signatures (to which you are referring to OP's act), are heavily regulated and checked by trusted managers. In addition to that, there is proper screening to which only some few are chosen to represent a campaign.

This is, sure enough, moreover if you are still newbies, joining bounties only waste your time because the reward is commonly very small, even worthless compared with the tasks that you are regularly doing every week. Here, we may not be able to compare it with the members with high ranks, they may be worthier to join certain bounties, but if you are still newbies, it is not recommended to join the bounties especially the signature campaign.
However, if you may analyze more about bounties, there may be certain campaigns that may be worthy even if you are newbie or in the lower ranks, such as joining social media with high followers, Content, and other types of social media. But, of course, the result may be different depending on the project itself. Sometimes, the result is very worthy, but mostly again, the results will be very small and worthless.

So, I think that newbies need to learn more again and keep giving contributions to this forum. So, along side that, they can be able to rise up based on merits. So, this will be easier for them to join the signature campaign paid in BTC which is worthier enough for members in this forum.
but once more, never only expect for income from this forum, this forum needs us to always make certain contributuion, not only make us to get the money.

Indeed, not all bounties end tragically. Newbies and old members need to pay attention to which campaign to follow. One thing to remember is to analyze the project before joining the campaign. because this is very important to do. Choosing a campaign that is handled by the top CM is necessary, but project analysis is the priority over everything. Then, avoiding too many bounties is a great point, at least give a time to have a good discussion with other members, who knows from discussion it can bring user to get merit and up in rank to get a chance to join a campaign that is paid with bitcoin in the future.

It's because of users like those above that I still believe some how that the merit system is the best feature theymos has successfully implemented on the forum. So, those users would've ranked up to legendary by default of post counts and activities if it weren't for merit where they haven't been able to earn a single one. More than four years on the forum and active yet they haven't earned just one merit. It's appalling. Perhaps they may be bots.

if we look at the current bounty section, especially those who participate in social media campaigns, they don't really care about the projects they participate in, what they know is that when a new project appears they have to join in it.

I do not support 100% for you to prohibit newbies from avoiding all altcoin-paid projects, some projects pay well even though most end up being scams and just a waste of participants' time. what you have to remind to newbies is that they must more selective in choosing the campaigns they participate in because not all new project campaigns pay well.

Are you sure today's bounty hunters will listen to your words? what they are doing now is registering a bounty campaign blindly without knowing the project they are in.

I agree that not all projects of token payout bounty campaigns should be avoided. some pay well and even give big payouts.
I just wish bounty hunters were more selective in choosing their projects. so they don't waste time.

Why a person should avoid token based bounty campaigns? Not every project that runs a bounty is a trash. There are a lot of promising ideas, interesting background and use cases. The problem of such campaigns is in bad marketing or lack of finances. A person can join a bounty campaign to get knowledge about crypto, its possibilities and etc.


Risky? I would say it is not risky, bounty hunter only spends time and in exchange he gets knowledge, experience. Hunter creates his own vision of what is demanded, and what is useless based on projects he has taken part. And next time, when he sees a new token on a presale, by knowing that decentralized blockchains are in demand (just an example), he would invest there, but not in new move-2-earn project.

I can't recall how and why I was involved in two bounty campaigns in the past. It wasn't a signature nor a social media campaign; I honestly don't remember, but if I am not mistaken, I was assisting them with something, and in exchange, I'd receive their tokens as a reward. The result? These tokens were never listed on an exchange and were practically of zero value. There goes my time. If I remember correctly, it was somewhere in 2017.

I guess my case sounds slightly worse, I guess, if you take into account that I couldn't even sell them? Sucks either way.

Social media bounties are indeed trash as they are too saturated and easy to farm followers. Regarding traderjoe it's well known avalanche dex — most bounty tokens are bound to get listed on such dexes as they don't require any fee.

How you use your time and become involved in the community depends on you. Although some bounty hunters spend their time posting only to get money, not all hunters are like that. There are some who still act and speak like humans and have maintained their good standing here. It does not imply that if you are a bounty hunter, your only goal is to interact for financial gain; instead, become an active participant in this community by contributing.

avoid token payment bounty campaigns. what the OP is promoting is a signature BTC payout campaign. he is paid weekly. unlike the token payment bounty campaign which has a long duration, but the payment is not clear whether it can be used as money or not.
Participating in a bounty campaign is risky. but anyway for those who want to compete in the signature campaign paid BTC, it's quite difficult.

all back again to yourself. already know the risks of the token payment bounty campaign. so if you insist on following, don't ever complain if in the future you will get losses, such as scam campaigns, payments that don't match the initial allocation, or allocation reductions. even token payments that will have no price.

Agree it was lost already three years ago. I remember that before, only a few would enter the BTC signature campaign because bounties were way more profitable, and you can earn more than in a BTC signature campaign that is in weekly payment, and I was one of them. I migrated from BTC sig camps and joined the bounties. It's because, at that time, I hadn't seen any scams, and it's worth it; your only problem with that is if the token will be listed for a month or the value is too low.

But for today, bounties are a waste of time unless you are willing to waste them; there are still successful bounties, but only a few, and difficult to find them now as they will only last for a while.

OP you are currently promoting the Roobet project why are you telling others to avoid all bounties? Roobet is a gambling platform and you are paid in BTC 🤷‍♀️, the account you are referring to took things too far by submitting links to Twitter posts only, meaning they don't give a damn about contributing and engaging in discussions on the forum but saying people should avoid bounties is wrong.

Scammers are everywhere and newbies must be able to gauge how genuine these websites may be. One wrong move and you put yourself at risk. The right knowledge and insight will help gain skills that help protect your funds and make you stay one step ahead of everyone. Read all you can to avoid such situations.

You are right, there was Vulcan Forged, Alchemy Pay, HEX, LATTICE, Base Protocol, Amepay, StoBoX and so on, the thing is bounties this days aren't for the lazy, you need to participate in many projects unless they are bad after looking into them from your research perspective, oh I remember Sovryn as well. Do good research and you will have positive results.

I have seen very few projects that run their bounties in BTT and go top in CMC and do something really amazing. I can still remember some big token name that held bounties in the forum. DIA, CARTS, Radix, and Injective Protocol are some of them. There could be more but I can remember only these projects till now. Though most of the projects are worthless forum got a few projects every year that gives hunters really something which motivates them not to leave the work. 

Bounty hunting has lost its golden days and will never be profitable again. The reason why most of the bounty hunters stay away from bounties as there is no decent income that we can get in exchange of our time and efforts. However, if things get back and owners will start to pay us in bitcoin, then why not? Bitcoin will never be useless and won't lose its value in time.

Indeed. And we don't hear any promises from them that it will succeed, only the payment and that is why they use an escrow to secure the funds.

Well, it's up to you if you don't want and ignore the bounty but as you have said, bounties will never stop for they have the right to do it.
It is the responsibility of the hunters to choose wisely and promote a project that is legit. Well, some did not and they don't have the right to condemn and blame the market because in the first place they don't even bother themselves to do the searches before joining them.

I guess it is just one of those people referring people over and over to their known connection or the forum could even be mentioned in the wrong way by other people like "they can earn in this website" instead of seeing it as a forum as it is. It will surely die out slowly, due to scammy projects out there for sure.
There are waaaaay way more websites there that are really intended to be an "earning platform".

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Saw your mention about VA. I do freelancing General VA as well as Front-End development in Upwork and I enjoy the work so far.

In Upwork, you don't really need a "perfect" English skill to get through. I never even spoke a single word to my clients and they were all just text chats.
VA hovers around having to do data entry or general tech-savvy stuffs (no coding). It is an extremely competitive field, so I don't think you can find one without any sorts of competition. Luck and your proposals plays a lot of role in that site. You can still give a shot. I started back around October 2021 and still got a gig even after there were around 50+ competitors I had in the job posting.

Bounty hunters are not all just for the rewards alone, but some have still made great contributions through their brilliant ideas that the forum needs to know. Maybe most of the newbies today may only aim for the money, but those bounty hunters who have been here for years have learned to realized that there is more than money in bounty hunting, knowledge and experience especially from the legends are also making the bounty more educative for all the newbies.

No exact amount.

It's just an incentive and you can't be sure if the project bounty you'll join is going to be successful. There's uncertainty on it if you're going to focus with it.

Much better to have a full time job while if you have some spare time then you can use it to join into those bounties that you think are safe and will become successful.

Majority of them were good and successful but not anymore today and, the game has completely changed.

That is my mistake to use sometimes.

Changing someone's mind can be considered an art, especially if it becomes their belief. Such beliefs have set a root in their mind and the longer they stay in the same stage, the stronger the root. They create a safe circle for themselves and resist any attempt to change, to alter it. Moreover, not everyone acquires the growth mindset. At this very moment, they might be pleased with the current situation and are in a different developing stage than us.

I do not know whether I'm using this phrase correctly: "Ignorance is bliss". They do not deceive themselves at all and if they are happy with their decision, how could we make any judgment on them? What we should do is persistently provide knowledge and experience for anyone who pursues it, and teach and guide others. That is why we are all here, in the "Beginners & Help" section

Many bounty hunters only care about the amount of money they make and will sell all tokens or coins as soon as possible after the payment is made. Most of them probably don't care about what they are promoting because they don't do an analysis of the project, and here different things are certainly done by investors where developments and good potential in the future are the targets they want in the long term.

Investing in any cryptocurrency is an option that investors have considered, they know what the risks are and I think they will be responsible for whatever they will face in the future with their investment. We are not responsible for the success and failure of an altcoin project that investors are interested in, so only they will be responsible for whatever results they will get in the end.

Avoiding all bounties is a wrong advice, some are paying their participants in Bitcoin not those shit tokens, the job of moderators on this forum is to get rid of any shitposters and spammers that won't heed warnings, that's not the members' job, if people like getting paid in peanuts its their own problem not mine or yours.

It’s not even disputed that some bounty campaigns pay even a solid amount of money and even have escrowed funds - but no one wonders what they’re actually promoting, does it has any purpose at all and how many people will lose everything they invested at the end of the story? If 9 out of 10 of these projects fail within 2 years (probably before), is it moral to say you don't care because you're well paid to promote them?

I've read a lot of peoples comments on here and I see that many are rich that's why they are saying bounty isn't rewarding as before, that's a big lie, a project from Cryptopreneurbrainboss named sphere gives people over 400$ for a 4weeks campaign, I believe this is the first I've seen this year that paid that much, not all projects will bring money but some are fine with even 100$ per month.

If before crypto explodes to a lot of medium, you could earn a lot like 3k to 10k or more than on airdrops and bounty but now its like a peanut reward, Im saying that more likely its not worth your time now. But if you participate here on forum and become a reputable user youll rank up and given chance to participate on prominent campaigns that even pay btc. But thats not easy you need to be a high rank and has good contributions here.

It would not be so insulting if, as you put it, sometimes projects could deceive. But this happens extremely rarely when projects are really useful. These projects are fraudulent, and to earn a penny, bounty hunters have to create a bunch of alternative accounts, which in turn are caught on the forum. It turns out to be a vicious circle. It is naive to think that, according to the rules of bounty projects that require the participation of only one participant, you can earn a living.
And here you have to choose: either start studying and acquiring deeper knowledge to further increase your earnings, or "work", as the hunters say, constantly being disappointed, being deceived, and deceiving yourself.
Just compare the earnings of bounty hunters. Is this the amount you can live on?

Have zero clue about these bounty campaigns but how much money could you realistically earn a month doing this now?  What about back then when it was popular?

Just have that mindset that majority of the bounties are scams and you're just throwing your effort on it in the nowhere.

In most of the freelancing marketplaces, the competition for each job is very tough especially with the common virtual assistance. And to outstand with the others, you need to have more experiences and as well as quite competitive rates and skills.

Get out of freelancer.com, it has actually became a place for spammers and scammers. Try upwork.

You have a very genuine concern here and I addressed this concern in my last topic Why some promising newbies fail in the forum.

I have seen legendary activity users here but are newbies because of merits. It is not that they don't know what merit is, neither is it because they cannot make merit worthy posts. It is the path that they chose. It does not really mean that they don't care about Bitcoin or they don't know it. It is simply their interest with that account. It could be that many of them have decent alts.
I wonder how you think you can convince someone in bounty for more than 2 years that bounty is useless and not profitable.
So, the baseline is everyone has a purpose in the forum. To some of them, the essence of knowing bitcoin is to make money, then if they can make money without knowing bitcoin, it's still cool for them.

I agree with some of your points, but maybe not on the last point ^{[avoiding all bounty].} Most of those bounty programs end in scam ^{[could be],} failure, and being worthless shitcoins, but I still think that there are some really good bounty programs especially when teams and projects are seriously developed. The amount may not be much, but it might be enough to say that not all prizes end up being a scam.

What you need to do is don't easily trust any bounty program without doing your due diligence on whatever they have to offer. Bounty payments handled by escrow may be safe for participants to consider, so you should be very careful when joining bounties.

Well, not many members have the proper English skills to become a virtual assistant. So they choose an activity that requires a low level of English and a high level of automaticity. They are the same as workers from the third world countries who are concerned about cheap-labor workforce

And, being a spammer is paid higher than working in a workshop because of the cryptocurrency hype although sometimes you may get scammed. People say that education is the way to escape poverty or somewhat like that. But when poor people find fishing rods with the potential to bring them a lot of money than they ever imagine, they will not think about upgrading themselves or gaining more knowledge.

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No offense but can you show me where to find a virtual assistant job without much competition? Honestly, I've been around Freelancer.com for a while but still can find such a job. Too much spammer which makes me exhausted from competing for a position

A good example, though not the best if you're looking for those extreme cases that are uncrowned bounty kings. What do you say to 5025 posts&1330 activity or 4209 post&1540 activity? Credits to @TheBeardedBaby for found them.


What is the responsibility of those managers who agree to do the job at all, even though they know that most of these projects are doomed in advance? Of course, the problem is that people agree to work for a couple of dollars a month, but a much bigger problem is that this forum provides logistical support for all these projects. As long as there is an option for people to do such things they will do them, so we blame not only bounty hunters but all those who allow them to generate thousands of spam posts.

I agree. Such trust in bounty projects only means that the people who participate in them have too much free time. Because working people are unlikely to spend their time on something that does not bring profit.

It is a pity that people do not understand that if you set aside some time for training, you can get much more, not only in material terms but by acquiring new abilities.

As for the OP's account you gave as an example, I wouldn't be surprised if he has more alternatives that he hopes to increase his bounty profits with.

And this is actually the worst thing that can ever happen to someone after working tirelessly for several weeks or months on a particular bounty campaign, and after distribution, you just have to wait some months for the token to be listed on an exchange where it could be swapped to a tradable coin such as Bitcoin or USDT.

I will rather advise Newbies to stop wasting time on bounties, and strive to grow on this forum, because what an ordinary "Member" earn a week from signature campaign is more than what a Newbie earn a year from a shitcoin bounty hunt.

@Apocallapse the user you used as an example is a shit poster, this days few bounty managers will fail to give you stake for the week unless you post high quality posts only, I am talking about someone like brain boss, joining bounties shouldn't stop anyone from ranking up, if you aren't earning merits you are a shit poster.

CEASER and other high APY projects in bounty section are scams

The need for turbo pissed me off the first time I went through the website.

The thing is many bounty hunters are rushing projects as if its the ICO era once again, no one cares about doing research before promoting projects, so the consequences of doing this is getting almost zero rewards or making nothing at all.

This part is very important, they could do anything to reduce money they spend including requiring KYC or suddenly disqualified without explanation where they say "This decision is final!".


I agree. Even if they use BTC or popular altcoin (such as ETH, DOGE or BNB), it's likely it comes with several condition (such as KYC required or only for "top X poster") or they'll change to their own token after some time.

I think a good number of posters in bounty adopt the, "if you want to catch a monkey, you behave like a monkey" approach. That explains the laxity in constructive posting. Those who post there may believe no one is strict in checking what they post and so any type of post goes for them. The idea could be that they begin to think that since they aren't well compensated, why should they over burden themselves with meaningful posts then. I think spam posting in bounties is dependent on both the bounty teams and the bounty managers. If these two are serious to play their paths well, they should be mindful who they enrol and also do a followup with post checks. Anything outside that, bounty will continue to be populated with shitposters.

Good luck! Let us know how that turns out. Since many bounty campaigns are scams anyway, it's easy to change the payment method. Instead of paying you nothing in altcoins and worthless tokens, they can just pay you nothing in Bitcoin.

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I don't understand those participating in social media bounties these days. I really don't. The number of participants is so big that they consider themselves happy when they get a peanut after all the stakes are divided, but they still do it. it's a bit different if you create your own artworks, write blog posts, or do proper translations. Participating in bounties is one way to get some experience and create a portfolio before you start doing some more serious work. 

Yes I agreed. But my point is whether we are on bitcoin paid or any altcoin campaign, thus posting in signature campaign whether its a super quality post. We are still considered in a form of bounty.  A perfect means to invalidate OPs statement below.


So I cant say that being in a btc paid campaign, is a waste of time especially when your campaign is a competitive one that rejects spamming. Like yours, @rikaflip. Also were being incentivized in posting, the only difference in altcoins is that majority there are no doubt shitposter. But completely the same falls in a form of bounty campaign.

To me most people join bitcoin not because they want to learn but because they see their friends earning in bounties. To be honest most people don't even know what bitcointalk is about, because when their friends introduced them to bitcointalk they only teaches them about bounty. So most people are ignorance about the forum. Sone don't even know about the beginner and help forum.

This is one area that the merit system has been very productive. Though subjective, it has helped to discourage spamming. No matter how anyone wants to help that user, they're likely going to find it difficult what post to merit. It's that bad. There were occasions in the past that I took it upon myself to look for users who had zero merit but enough activities to senior rank so I could merit them. Sadly, most of those I found were users whose posts were basically bounty reports.

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OP, all you said about bounty not worth it is true. Bounty this day is like faucet.

The probability of begginners been scammed and hacked is high ,so many online platforms claim to be giving bonuses ,bounties, spin and win claiming you have won millions ,it only takes a reasonable person who is very careful and do not money oriented driving mindset to decode this and avoid been hacked,looking for free money you did not work for might make you loose all your money ,it is always good to learn to overlook this bonuses tho few just are genuine but likely ,the more reason why i donnot expect freebies.
Well knowing that the high rate of scam online is on the high side ,one need to be very cautious of which link you click or where you visit online.

You can still be a shitposter whole sole purpose is to leech of this forum even if you are in BTC signature campaign, no questions about it. Currently there are more spots in BTC signature campaigns than there are quality members which makes it easy for such members to earn decent amount of bitcoin.

Regarding altcoin campaigns, those who are doing signature part make a small portion of altcoin bounty campaign while majority consists of newbie accounts that spam social media part of the bounty and that's where the biggest abuse happens due "newbies allowed" rule and where it doesn't make any sense (unfortunately) to do it legit way.

Many. Im not sure but being in signature campaign, regardless in payment of tokens or usdt or btc, does it all count to be bounty as long as we incentivize it and monetize the reward? Or just because we are paid in btc werent considered as those joining in altcoin campaign who also wear signature but paid in tokens? Probably those newbie account farming social bounties, but it is the same in a sense.

it was worth it back in 2017 but today is just not going to make you money anymore. the teams making these tokens will have to spend a lot of money probably more than they could get from the funds they get to enlist the token to an exchange. while you will have a ton of tokens rewarded to you, you may not be able to trade them. 

it's time to ask the teams for BTC as payment, not thier tokens. time to demand BTC from them or no exposure. 

This is the risk of participating the campaign. Of course the team will value there token in ICO price since the amount is undetermined unless it was listed on the exchange. You should edit the title and include bounty campaign with mediocre project since not all campaigns results the same way. Some are performing better after the ICO but I agree that only few nowadays has good profit after the campaign duration.

Anyway not much effort and work done here since you are just sharing and reacting on social media. I've done this task before and this is too easy.

The answer is simple: to spam social media links you don''t have to have any skills and involves so little effort that one person can manage more than a dozen of alt accounts. And since we know that majority of people will chose the easy way even though it will give them way less money, no wonder that bounty campaigns are so popular. The bigger question here is why those projects even do bounty campaigns?


True, but let's be honest here, how many bounty hunters are like that? As I said few days ago in another thread, it simply doesn't pay off to be a legit bounty hunter because there are so many of those with bunch of newbie alt accounts that are diluting the bounty pool.

99% of all bounties are wasting a time for both sides, hunters and owners.
About bounty worthless, I would rather say that it is due to the poor quality of the project itself. on top of all that the whole project starts without start-up capital or with a very small amount, no wonder the prizes are worthless.

Thats depend on you how to become active here and used your time. Yes there are bounty hunters whom wasted time on posting just for sake to earn money but not all hunters are like that. There are some whose still remains as human and talk like one and were able to continue a good standing here. It does not mean that if you are bounty hunter your only purpose is to interact due to monetization alone but become an active member too contributing to this forum.

Unpopular opinion for some reason: you don't need to get all your income from Bitcointalk, or the cryptocurrency industry in general. The world wide web is so vast and limitless that I really don't know why most people here think that this is their only option. I'd rather become a virtual assistant than just spam social media with crypto links.

This forum intended for Bitcoin related discussion and you can learn about Bitcoin especially from many high ranked reputable users. However beside learning Bitcoin, you can actually earn some money by offering your service, sell goods, signature campaign and bounties. It's not wrong to learn about Bitcoin and discuss with other users, also at the same time you can earn money too. But, many brand new users doesn't want to learn about Bitcoin and their sole purpose is to earn money. This wrong approach have been done by many new users, become a bounty hunter is wasting time and no have any journey.

Take a look with this user Smking1212 he's a bounty hunter maximalist where almost of his posts posted on Bounties section (1296 from 1308 posts or 99%). Currently he already have 518 activity which is enough to become a Hero Member, but he never earn any single merit even he's an active user, that make he's still a newbie rank. It's pitiful to see many users didn't care anything with the forum and just doing what does he wanted in this forum.

To be honest bounties is really wasting time, worthless and no have any positive impact for doing that.

• Bounty is wasting time because you need to spend your times to complete the bounty task, especially you're joining many campaigns.
• Bounty is worthless because the distributions isn't same as their beginning promise. They're promising the total pool is 1,000,000 tokens and it's will be worth $1/token, so we will think the pool is $1,000,000. But after few weeks the bounty ran, the team reduced the pool from 1,000,000 tokens to 500,000 tokens. Bounty hunters can't do anything since the team reserve the right to change anything about the campaign. Then after the bounty ended and the pool already distributed, the token price doesn't worth $1/token as their promise, now it's $0.00001/token.
• Bounty no have any positive impact because you're work like a robot by retweet, like, share, one liner comment, post the link etc. You're not learn anything and you don't have any knowledge about Bitcoin.

Let me give you an example of the recent bounty that has been finished.
🔥🔥 [Bounty][CAESAR]153,617.49% APY! CAESAR FINANCE [AVAX C-Chain] $CAESAR🔥🔥 this bounty is managed by reputable campaign manager.

The bounty reward they promised is 100,000,000 tokens worth $150,000 or $0.0015/token. But based on coinmarketcap the price right now is $0.00007859/token. The difference is $0.00142141/token it's really huge and yet any complaint from the hunters wouldn't change the token price. Based on the spreadsheet the average hunters get 25,000 tokens or $1.96475 after working for 4 weeks. The signature campaign participants got the highest share of 1914893 tokens or $150, but don't forget this token only listed on single unknown exchange named TraderJoe. Most of unknown exchanges will charge ridiculous fees even though the fees for the miners is cheap. On my experience I did using Hotbit for sell my shitcoins to Bitcoin and they ask 0.001 BTC/33 USD for the fees while the actual fee I paid for the miners is just $5.

Don't forget bounties managed by reputable manager doesn't always guaranteed the project wouldn't scam, below there are some bounties the project turned become scam:

• scam
• 🚧 [SCAM] Protocol X _______________________________ [ 1,000,000 BOUNTY POOL ]
• NeedforTurbo Bounty(SCAM TEAM)

No one can stop scam bounties and the forum didn't moderated scam too, so we're better off to avoid all bounties and we wouldn't get scammed.