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Topic: You Can't Be Jobless And Be Participating In Bounties - page 20. (Read 2094 times)

jr. member
Activity: 262
Merit: 2
That's actually right, because bounty do not pay as it use to be before, I could remember some times around 2017 when bounty hunting makes full time workers looking worried. Nowadays it really hard to find one and the ones doing don't pay untime.
jr. member
Activity: 406
Merit: 5
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Some salient points have been made on this post.. Though I accept that bounties just like the crypto space of today has a high rate of uncertainty but in my opinion I still don't see any difference to a day to day job.. Your white collar jobs still have risks attached to it?  You get a job and loose it tomorrow probably because u don't look good in the eyes of your employers. You get pay cuts because of company not making enough money even in some worst scenarios u even fail to recoup a penny after offering services for months.. I see no reason that makes bounty hunting less compared to other jobs out their in the conventional world
sr. member
Activity: 1288
Merit: 253
Everything you say is indeed a condition that is happening right now but I have been doing this for so long and I have received a fair income while doing this work, even though I began to take part in the mid 2018 project which was less fortunate so I did not produce savings from the results of my work from 2017 so that now I can still fulfill my life's needs.
jr. member
Activity: 518
Merit: 4
That's true, doing bounty alone these days is like wasting one's time doing the wrong the, and why is that; just few of many projects these days happen to be real.
Another thing is that when you partake in a lot of bounty it's more than working a full time job but will it pay, No! Unlike before
jr. member
Activity: 172
Merit: 1
It's not a nice decision not to have a regular income aside bounty. Nothing is certain in this unregulated industry and one must take bounty hunting as only part time income and don't put more seriousness into it because it doesn't worth it at all unless you want to live in frustration.
full member
Activity: 994
Merit: 100
bounty is not job but this is hobby or just spending time and whatever will be produced is not problem for me ... real work/business that I run is more important than some scam projects or making little
sr. member
Activity: 812
Merit: 250
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.

A bit hilarious. Bounty and airdrop these days have become very uncertain. One can't really rely on it for ends meet and like you rightly said, people should get an offline job no matter how small.
member
Activity: 728
Merit: 14
bounties should always be a part-time job and never a full-time job. you get paid so irregularly and the income is always different. i could not live on that, even if i would invest more time. that is why i am glad i do not have to live on the bounty revenue. that would be nothing for me.
hero member
Activity: 3024
Merit: 651
True.

They are making it as their daily job but the truth is, it will always be a risk.
If I were them I will just make it as a bonus. If ever the project you supported gave a bunch of tokens that have a little value then it is okay.
It will be a great addition to your salary, maybe something that could let you eat in a good restaurant once a month.

There is no assurance of profit in bounty hunting. That should be hammered in their brains.
hero member
Activity: 1638
Merit: 518
to be honest , basicaly that all is true ,
but u know what the best of it ?
since 2016-2017 bounty hunter have a high profit
and i think , altough bounty season is over, they can creating a some job than waiting for next season,like streamer maybe,or trader if they have some knowledge.
copper member
Activity: 176
Merit: 0
I support you on this, the rate at which payment comes most times is frustrating, if you don't have an extra source of income as a bounty hunter, then you will go hungry. Most times when it is time for reward, bounty hunters will still go to the group and ask for it, imagine a bounty done by December 2018, started trading, till date, those that did the bounty are yet to receive payment. I strongly believe another hustle should be added to bounty.
hero member
Activity: 1162
Merit: 516
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True, bounties are just for a "sideline job" and it shouldn't be a "job" for you. You still should have a stable jobs in order for you to support yourself or your family if you have one. We don't know in bounties especially right now, most bounties are scams and not to be trusted what if they don't pay you?

But signature campaign can be good job for but you should get selected in long-term and high paid campaign get decent earning on weekly basis. There are participants still have faith on bounties and keep on working with them.
May be if the project is really worth or that tokens bumped big in future. That time we can expect the tokens to grow more and make earning but for day today money it is not worthy.
copper member
Activity: 2870
Merit: 1279
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In my personal opinion, I think it would be hard to do bounties when you have a job. It's either you have a job or not but you can only truly focus on one thing. I'm not familiar with what kind of jobs does a bounty hunter do, I know that they share the project or comment, make a video, or something like that. In all honesty, it is what a person who has a lot of time can do. Or maybe you could have both but be time managed well about it. I think that's just the challenge.

Bounties are not going to be always there when you need it in my observation and it can turn into a scam.
sr. member
Activity: 840
Merit: 268
True, bounties are just for a "sideline job" and it shouldn't be a "job" for you. You still should have a stable jobs in order for you to support yourself or your family if you have one. We don't know in bounties especially right now, most bounties are scams and not to be trusted what if they don't pay you?
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I don't think anybody here would be relying on 'Bounties' as a full time payment. People have earned a lot through bounties but those days are gone now.
It's so hard now to earn a substantial amount of income through bounties. Payments are not even guranteed in bounties these days.
A person must only be a fool to solely rely on bounty as an income source. Not only bounties but people should not rely on any kind of campaigns which has unstable payments.
It will only make your life miserable.
jr. member
Activity: 644
Merit: 1
Bounty for me is also an additional income. I until can't leave my main job, because I can't provide my family fully. But I know a few people who live only on profits from the bounty and they do it well.
hero member
Activity: 1918
Merit: 564
I've seen so many people post about how they quit their job to do bounty hunting or asked if it could be done.

Here's the thing, do you actually know of anyone that has made a living off of this?
Over the years, I have expanded my crypto network into a very large one and I haven't heard one person who was able to do this.
in fact, basically everyone sees it as a stupid choice.

Bounties way back 2016 to 2017 are good one, the weekly BTC campaign are everywhere, majority of altcoin bounties paid  a week or two after their ICO ended , and it was easier to get the coin on an exchange.  We have experienced this kind of environment, and honestly my friend got a 13k USD worth after selling his token on a 2-month bounty campaign (single campaign) during that days.  


There are some really important things they didn't consider.
All the bounty hunter profits came from successful ICOs during the biggest bull run in crypto history.
That type of profit is totally unsustainable.

If you ever thought of quitting your job to do bounty hunting, just DONT

I agree, never quit your job because bounty campaign are not  meant to replace your day job.
full member
Activity: 686
Merit: 131
I've seen so many people post about how they quit their job to do bounty hunting or asked if it could be done.

Here's the thing, do you actually know of anyone that has made a living off of this?
Over the years, I have expanded my crypto network into a very large one and I haven't heard one person who was able to do this.
in fact, basically everyone sees it as a stupid choice.

So this is what I think.
I'm guessing that a lot of get rich quick become a millionare through crypto noobs read on bitcointalk about people who earned thousands through bounties.
They thought that they could do it too and decided to invest all their time in it.

There are some really important things they didn't consider.
All the bounty hunter profits came from successful ICOs during the biggest bull run in crypto history.
That type of profit is totally unsustainable.

If you ever thought of quitting your job to do bounty hunting, just DONT
hero member
Activity: 2058
Merit: 538
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According to me, the bounty is currently not able to be able to get a big profit because there are so many scams that occur that make many people become lazy with the bounty campaign

Indeed, Bounty prizes are now not as they used to be so easy to get thousands of dollars, but for the current bounty prize to reach $ 100 alone it's hard to even wait for months.
It is not about laziness from my point of view and there are other ongoing  assumptions in bounty campaigns. First of all, the bounty managers can't do their job properly due to nature of  market or decisions of team.
hero member
Activity: 1918
Merit: 564
Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.

Gone are the days when bounty reward can give you a living.  2018 is the start of the decline of bounty campaigns.  Many campaign either needed to wait for several months to get paid or not paid at all.   Aside from that, even though we are paid, another problem  is the value of the reward token.  Majority of these token are worthless so there is no point of cashing out the reward since it will give us almost nothing at all.  

Another thing is the change in rule, I believe only fraud project will change their rule.  Fraud in a sense that they trick people into  joining with a promised reward but changed it at the latter part.  Another thing is the dependency of the reward on the sold token without burning the unsold one.  I have no objection about the reward being dependent on the sold token as long as they burn the unsold token.  That way the owner had kept the value of the promised token and at least fair to the people who advertised their project.

And if you are lazy enough to look for a job, learn how to trade and make it your career.  If you master it, it will even give you more income than an ordinary job.
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