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Topic: The bounty scam will gradually go away - page 8. (Read 47969 times)

full member
Activity: 809
Merit: 100
November 13, 2020, 04:45:25 AM
In my opinion, there are not many bounties with payments via BTC that are scam, yes because they are paid per week, if to add to Twitter campaigns or something else, that is the manager's right while being able to pay on time is not a problem for bounty hunters
member
Activity: 630
Merit: 10
November 13, 2020, 04:31:09 AM
Bounty scam will will always be present in crypto space, scammers are in massive numbers in crypto space because they can easily find new people to prey on and we always have newbies coming on this forum almost everyday so not all newbies have the proper lessons to avoid scam projects and some of them don't even want to learn

It can't be helped, there are indeed many bounties like that,
many newbie accounts create new projects and bounty programs themselves, but it doesn't matter if the project is alive,
it all depends on you, the most important thing is to analyze beforehand.
full member
Activity: 1190
Merit: 105
PredX - AI-Powered Prediction Market
November 13, 2020, 04:25:41 AM
Actually i don't think this will go away as there will still be newcomers joining and starting to learn about the field, and i think they need time to spot the scam projects themselves. But scams will never stop, we are here and know how it works, so it will be easier to spot scam projects.
full member
Activity: 1004
Merit: 111
November 13, 2020, 03:54:13 AM
Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.

Ever since Positive and Negative will always be there wherever we go I think. Therefore, bounty scam will always become a part in bounties in my own opinion. So, since that it can't be disappear the only solution for this is We must avoid or stay away from it if we know that it is not safe of course.
member
Activity: 252
Merit: 15
Sovryn - Brings DeFi to Bitcoin
November 13, 2020, 02:53:05 AM
Bounty scam will will always be present in crypto space, scammers are in massive numbers in crypto space because they can easily find new people to prey on and we always have newbies coming on this forum almost everyday so not all newbies have the proper lessons to avoid scam projects and some of them don't even want to learn
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
November 13, 2020, 02:42:20 AM
Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
Getting bounty rewards paid in Bitcoin doesn't erase scammers, how sure are you that you will get paid because a bounty promised to pay in Bitcoin? Promise is an empty word until it get fulfilled, think about it, even new projects can start promising hunters in eth and BTC but when bounty is over you might not get a dime

If a bounty promise to pay in btc or etheruem, it should be weekly too and if at the end of a week you get no pay then you should advise yourself and move out. That no pay by the week should show you the sign of not being straight to promise and no hope of fulfilling it at the end of the bounty.

Most signature campaign are new project but the difference is the willingness to reward participants and that is why payment is made in btc.

Most casino signature campaign, gambling sites and more are new projects but they didn't go ahead in bounty section or pay in shit token. They are serious and wants to attract serious managers and participants.
sr. member
Activity: 1988
Merit: 453
October 20, 2020, 07:08:57 AM
Smart bounty hunters only limited to scams because scam project teams are very clever and constantly change their methods. The payment method Bitcoin or Ethereum every week instead of project tokens, it is the best way to prevent scammers.

This is a very old proposal. A lot of experienced bounty hunters demand that at least a small fraction of the bounty should be paid in either BTC or ETH, or even in USDT. But most of the bounty campaigns have rejected this proposal. The excuse being given is that, if the project team spends a lot of money on the bounty projects, then the development work will get stagnant. I never understood the logic in this claim. The bounty pool is around 0.5% to 1.5% of the total budget. If they make 10% of the bounty payment in ETH or BTC, then it may cost them just 0.05% to 0.15% of the entire pool.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
October 20, 2020, 06:35:45 AM
If all the bounties use escrow and pay using stable coins, or coins that are already on the market, it can be believed that the scammers will slowly leave as people tend to prefer projects that have escrow over those that don't. Currently, I only select a project from trusted BM. other than that, escrow makes that a plus. however, lately, there are quite a number of quality bounties.
full member
Activity: 941
Merit: 100
October 20, 2020, 02:25:05 AM
The bounty scams still persist and regularly cheating in many ways whether they are giving a very small reward than that they have promised or also they are totally not paying. It seems that the scam is reduced because of the very few bounty nowadays are offering.

as long as there are victims they are just still hiding around because unfortunately, that is also their talent so 'be careful with their fake promotions and then check carefully before you believe, but in this case, it is not immediately noticeable by anyone, like in this crisis everyone needs a job so if there is a campaign which is open for all you need to research to the maximum level through all with their proposal.
I think some people are also cautious. some even participated in the campaign of only one manager. and very interested in every published project. being too fanatical is not really that good, because sometimes we forget to research further related to the project.
full member
Activity: 882
Merit: 112
October 20, 2020, 02:17:51 AM
The bounty scam will gradually go away

You are wrong.
Scammers will disappear when criminal penalties appear.
Developers must also pass identity verification like the bountists.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 20, 2020, 12:35:39 AM
The bounty scams still persist and regularly cheating in many ways whether they are giving a very small reward than that they have promised or also they are totally not paying. It seems that the scam is reduced because of the very few bounty nowadays are offering.

as long as there are victims they are just still hiding around because unfortunately, that is also their talent so 'be careful with their fake promotions and then check carefully before you believe, but in this case, it is not immediately noticeable by anyone, like in this crisis everyone needs a job so if there is a campaign which is open for all you need to research to the maximum level through all with their proposal.
legendary
Activity: 1862
Merit: 1518
October 19, 2020, 02:18:29 PM
The bounty scam may gradually go away over time after the forum has put in place strict rules to guarantee the rights of the participants. I hope that it will happen with regular bounty campaigns like what happens with the weekly bounty campaign and the project team sends the participants ’dues to a mediator and after the campaign ends, the mediator sends these dues to the participants. So that everyone can be sure that this bounty will be paid to them in the end.
legendary
Activity: 2478
Merit: 1492
October 19, 2020, 01:46:38 PM
Scam projects that run bounties wont go away. Previously, all bounties had announcement topics where people could ask all their question. Also, bounties were managed by high ranked forum members. Later bounties started to be managed by newbies, more smart one buy cooper membership. But now scammer dont even bother creating ann topic. Just create bounty topic, copy/paste rules, add some link to webpage and that is it.

In future they will simply create topic with a link to address and that is it.
member
Activity: 239
Merit: 17
October 19, 2020, 01:24:47 PM
Truly, it tends to be decrease however difficult to absolutely disappear.Scammers will consistently exploit about the individuals that have less information about the digital currency. Bounty scam will be maintained a strategic distance from if trackers will consistently direct some examination about the venture and help the network to evade the abundance that perhaps another trick. Bounty hunters need to find out about the mix-ups that the submitted. There's some bounty reviews strings that they can depend on. It will assist us with recognizing which can be trust.
full member
Activity: 756
Merit: 103
October 19, 2020, 12:54:58 PM
I would not say that twitter audit is a panacea for fraud. In the same way, there are a huge number of services that are still capable of create extra subscribers for twitter accounts, and twitter audit is not able to do anything about it. It seems to me that the problem of fraud can only get smaller, but it will never be possible to get rid of it completely.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 19, 2020, 12:09:14 PM
Distribute reward with btc or ether, is already available since years ago.but those are very few & can't help preventing bounty scam. If we have a look at bounty thread, most of them are scam, some are totally garbage. good projects are a few.i notice, some newbie manager with 1 activity post scam bounties to scam our fund.even though newbie hunter continuously joining with them & promoting scams, that should be stopped. Using escrow might be helpful to solve this problem
Campaigns do not want to do that because for that you need money, they want to distribute their tokens instead, that way they do not have to use their limited financial resources on paying their bounty hunters, and what is even worse is that when the coin crashes they are going to blame that on the bounty hunters so while for us that is terrible for those developers this is the perfect excuse, so they do not have any reason to stop paying bounty hunters with coins of no value as long as bounty hunters keep accepting those conditions.
jr. member
Activity: 392
Merit: 2
October 19, 2020, 04:43:34 AM
I dont think scam bounties would ever end as long as people keep participating in those scam projects even though they know its a scam project and i guess we are all interested in bounty project that would pay in btc and we would gladly participate but i dont think there would ever be an end to scam project
sr. member
Activity: 1246
Merit: 254
Trphy.io
October 19, 2020, 03:15:55 AM
Smart bounty hunters only limited to scams because scam project teams are very clever and constantly change their methods. The payment method Bitcoin or Ethereum every week instead of project tokens, it is the best way to prevent scammers.
But it's hard for us to find Bounties that pay with BTC or ETH, Right now we really have to be smart choosing a Bounty project, otherwise you will fall into a Bounty scam. Personally, I only join Bounties which are handled by trusted managers.
member
Activity: 210
Merit: 13
October 19, 2020, 03:06:03 AM
Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
Getting bounty rewards paid in Bitcoin doesn't erase scammers, how sure are you that you will get paid because a bounty promised to pay in Bitcoin? Promise is an empty word until it get fulfilled, think about it, even new projects can start promising hunters in eth and BTC but when bounty is over you might not get a dime
legendary
Activity: 2100
Merit: 1340
October 19, 2020, 02:58:15 AM

There are bounty hunters who dont listen despite of the warnings, they just follow their own instinct without asking for others opinion. Well those bounty hunters who only look for rewards are partly to be blame why we cant get rid of scam projects. They dont do their own research and just blindly join without checking the projects's background.

Thats why we need to be careful when choosing a project because not all promising projects can end up as not scam.

Before choosing a project to participate in the bounty, you need to understand for yourself - do you want to earn a few dollars right now, or do you want to get coins that can grow well in the future? If you want to make money now, then look for bounty where they pay in bitcoins with weekly payment. If you work from the perspective, study the projects well, read the white paper, see what participants with high ranks write about the project.
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