Scam Projects and Bounty . Way forward?? - page 21.

EdvinZ

sr. member

Activity: 994

Merit: 260

Quote from: Cracker563 on October 20, 2019, 01:30:53 PM

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

1) Participate only in those projects whose coins are already tradable on good exchanges. As a rule, such bounties are paid. 2) Do not participate in the ICO from an unknown team. Prefer IEO, and better STO. 3) Invest only in projects with large capitalization and existing good operating experience.

ringgo96

sr. member

Activity: 1582

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PredX - AI-Powered Prediction Market

Quote from: DU18 on October 21, 2019, 02:07:04 PM

As a bounty hunter as much as possible we should avoid projects that do have indications of a scam, because if we continue to join a project like that, of course we also support the growing scam project and of course this will be very detrimental for ourselves, with the anticipation and accuracy in choosing a project, at least we can avoid spreading the word about the scam project, so slowly the scam project will die by itself.

Although we really try to avoid the scam project, the fact is that now there are quite a lot of projeck projects. even we ourselves are difficult in detecting which bounties are suddenly scam and also which are scams. . now I have decided to join the yobit campaign which clearly pays every day. than the scam bounty projeck

barabarian1

sr. member

Activity: 938

Merit: 250

I think it will be difficult to fight the scammer because there is no authorized institution that can punish the scammer. so in my opinion we really need an institution that can select those projects. maybe if someone regulates we can minimize fraud. and to avoid scam projects, do research in earnest before joining. choose a manager and a team of developers who are experienced and can be trusted.

Aying

sr. member

Activity: 784

Merit: 251

https://raiser.network

We can't control them and kick their a** out here. they're increasing time by time if they still have more victims. newbies are one of it. more newbies more scammers. if newbie's are wiser, maybe we can reduces this scam projects. newbies will priority to learn more before they enter crypto tradings or before they want to earn. if we have friends like they we should support them to avoid it.

Fredomago

legendary

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Quote from: Jocuserious on October 21, 2019, 10:01:31 PM

I think this is only hunter knowledge because if there have choice skills which project still good or scam then the hunter will receive bounty pool.
I see lot of brand new members do not follow scam announcement and there getting promote a project without checking project roadmap. So don't be joined any project without carefully check project management process.

Indeed, those blind participants who didn't bothered to check any information regarding to the project that they re promoting mostly ended up being scammed. If you wanted to lessen your risk of following those kinds of project make sure to keep yourself updated, the forum itself provides good informational news in order to aware everyone which project that have potentials to scammed out, always update yourself to avoid wasting your time.

Jocuserious

sr. member

Activity: 1936

Merit: 290

I think this is only hunter knowledge because if there have choice skills which project still good or scam then the hunter will receive bounty pool.
I see lot of brand new members do not follow scam announcement and there getting promote a project without checking project roadmap. So don't be joined any project without carefully check project management process.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Quote from: Cracker563 on October 20, 2019, 01:30:53 PM

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

I think we just need to not joining the bounty that we don't trust, later they will run out of fund and stop the project which is good because there will be no more victims for their scam.
A good bounty campaign is very rare to find because there were many scam ICOS in the past.

DU18

sr. member

Activity: 1694

Merit: 268

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As a bounty hunter as much as possible we should avoid projects that do have indications of a scam, because if we continue to join a project like that, of course we also support the growing scam project and of course this will be very detrimental for ourselves, with the anticipation and accuracy in choosing a project, at least we can avoid spreading the word about the scam project, so slowly the scam project will die by itself.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: pamsugas on October 21, 2019, 10:16:51 AM

can't fight scams it's just that we have to avoid scam projects. so far many scams through ICO there have been many people fooled by ICO. I think we should leave ICO. Then don't invest with low-volume coins that are very dangerous there are lots of low volume coins left by the developer

We can fight scam projects by spreading awareness and if all the tenured users start sharing their knowledge about scam project and how it looks then it will reach the entire community and it's the duty of community to stop falling in the marketing traps of ICO's as some of them just says that they have reached softcap without any valid proof or address where they have received the funds so we need to demand the transparency from the developers in order to avoid falling into the trap.

ableh

sr. member

Activity: 498

Merit: 251

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As we know, there are currently a lot of scam projects. Even though have done research, there is no guarantee can be spared from scams. So it's better to change your strategy. For example, only buy altcoin which will list on central exchange in the near future. In my opinion, this is the most effective way to avoid scam projects. Because I have used this method in the past few months, and the results are 80% profit. And for bounty, it's better to look for campaigns that pay with BTC. Although the results are fewer, but this is real and certain

ashmodeus

hero member

Activity: 1638

Merit: 518

as i say on many many thread before, crypto sphere can't be purified anymore. since , a lot of people , have a selfish think, didn't care about what the consequence about what they do.
i talk about bounty hunters btw , you know , recently bounty hunters like a bot, whenever a new bounty project come, they just joined without any research first.seems paranoid afraid to not get free money.
of course it will create advertising so quickly for the scam project. and it make affect for investor with no knowledge about scam project.
and , investor hit by bait, and project closed , and the team gone. and investor tell to anyone , crypto just piece of shit.
as long as there are people like that, crypto will always be like this.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: ?? on ??

Quote from: ardentvolcanoes on October 20, 2019, 11:02:59 PM

Quote from: Aldrinx00 on October 20, 2019, 09:55:19 PM

I think nothing because there's no strict regulations about projects so they can do whatever scam projects they want to do, then the bounty hunters are also suffering because scam/failed projects means no payout.

The only option left for the bounty hunters is to carefully analyze the project that being introduced, the more careful they do the more possible that they can get into a good project that will pay them for their works, and same from what you have said. It's free to any regulations so scammers are just around and keeps doing their best to trick people to keep participating and wasting their time to nothing but scam projects.

sometimes even though we carefully analyze the project, we are still trapped in a fraudulent project, especially if we don't analyze it carefully, it might just waste our time. by continuing to do research, I think the longer we will gain experience to choose projects that are truly quality

So that is why it is great saying that “Haste Makes Waste” and it completely true that if a person do any hurry in case of project selection then surely he has to lose his money because in the market there are a lot of people who will try to just scam people in the name of their so-called project, so as long as a person is well experienced he will never get into their trap.

OasisDre

member

Activity: 532

Merit: 41

Quote from: Cracker563 on October 20, 2019, 01:30:53 PM

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

Make sure the project you want to promote is worth it, i don't bother to promote projects like in the past anymore since most new projects are scam, but few projects seem different and worth trying to see what the end result will be, projects like bitwings, xcard, ez365, hivenet are still good

dataispower

sr. member

Activity: 1330

Merit: 289

Quote from: pamsugas on October 21, 2019, 10:16:51 AM

can't fight scams it's just that we have to avoid scam projects. so far many scams through ICO there have been many people fooled by ICO. I think we should leave ICO. Then don't invest with low-volume coins that are very dangerous there are lots of low volume coins left by the developer

You made a very relevant point here, most scam come from ICO which disappear after token sale. But also, there are some listed coins forgotten by the team members usually with very low volume (I'm not saying all coins trading at low volumes are scam either). We just have to be wise, do not invest in any coin because others are investing or because you think it will give you huge profit. Invest in a project because you've done proper research and believe in their vision and also because you've made up your mind to take the risk without blaming anyone if it turns out scam.

red4slash

hero member

Activity: 1470

Merit: 502

Quote from: jets567 on October 21, 2019, 12:46:06 PM

Scammers are difficult to eradicate in this ecosystem but it is possible to avoid them by simply educating ourselves and investing a little of our time learning new things so that we can outsmart them in every possible way. They always have a new trick up their sleeves so we must be very careful and don't rush into something without doing a proper research.

Scammers must continue to try many ways to provide a view that their project is truly original and good for the future, but there must be investors who have a personal way to value a project. but besides that we have to wait for a regulation that can make the development have a good standard to develop a technology in the crypto field

Greatchu

member

Activity: 490

Merit: 10

Forget about solutions for scam projects, there is nothing that can fix scammers in crypto space but you yourself, just try hard to start avoiding them by doing research first before anything and do not get carried away by good offers from the projects, this trick is very common now

jets567

hero member

Activity: 1008

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Scammers are difficult to eradicate in this ecosystem but it is possible to avoid them by simply educating ourselves and investing a little of our time learning new things so that we can outsmart them in every possible way. They always have a new trick up their sleeves so we must be very careful and don't rush into something without doing a proper research.

Bim abk

sr. member

Activity: 896

Merit: 251

Quote from: FLHippy on October 21, 2019, 11:12:21 AM

More you do, more you earn. Times when you earned thousands of dollars from every campaign are gone. It is time for promoting only projects that are legit, rest of them should die in hell. We need to clear market from these scams to bring investors back again.

the current target might be to make investors trust the crypto again because that right can help the work that is in the crypto. because without investors the campaign participants will always get a small fee because the existing projects are not able to run well because the funds they are targeting are lacking. and campaign participants should relearn research methods so they don't get caught up in fraud projects

Doranile432

member

Activity: 476

Merit: 22

Watch out for exchanges and developers in crypto space this days, they are mostly after money, exchanges like idax, p2pb2b and bitforex are full of fake volumes and new projects are targeting IEO funds, pls spend time to know which project you will promote

FLHippy

full member

Activity: 784

Merit: 101

More you do, more you earn. Times when you earned thousands of dollars from every campaign are gone. It is time for promoting only projects that are legit, rest of them should die in hell. We need to clear market from these scams to bring investors back again.

Topic: Scam Projects and Bounty . Way forward?? - page 21. (Read 4489 times)