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Author Topic: Bounty hunting is a full time job?  (Read 10941 times)

Offline Dr.Bitcoin_Strange

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Re: Bounty hunting is a full time job?
« Reply #165 on: April 24, 2024, 03:19:52 PM »
The reason why you still have a large number of users applying to bounty campaigns, despite the fact that they are not being paid well, is because 90% of them are using multiple accounts to try to accumulate more rewards for themselves.

When I say multi-account I don't just mean two or three but like 6+ accounts - that way, if they were supposed to get $8 from their campaign they would use multi and get 6-10 times their normal rewards.

In addition to what you say (something we must always fight against), I think that for many users participating in a bounty is like a "lottery", it is possible that these users do not care too much about the number of coins/tokens they are going to receive, but rather the possibility of participating in 50 bounties (for example) and that finally 1 of them is really a valuable project with a future, which can give more benefits. In many forums I have seen rewards that were obviously not going to generate benefits for the participants, not even $5, but many people still participate.

You're absolutely correct
It's just like going to the fruit field and gathering several varieties of unripe fruits into one basket without actual checking or knowing which ones has the potential to become ripe overtime and which ones would get rotten before it even becomes ripe.
Picking all the fruits doesn't mean all would get ripe and be useful to you, the hopes of knowing that at the end of the day, at least one fruit or maybe two would get ripe and can be eaten would be enough reason to inspire you to pick as much fruits as you can.

That's also applies to bounty hunters, they do all those bounties even when they know that not all the projects would be successful, but if they're able to get at least one or two successful projects, it'll be enough to cover for the stress they went through to perform those bounty tasks

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Re: Bounty hunting is a full time job?
« Reply #165 on: April 24, 2024, 03:19:52 PM »

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Offline Freemind

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Re: Bounty hunting is a full time job?
« Reply #166 on: April 24, 2024, 06:57:26 PM »
You're absolutely correct
It's just like going to the fruit field and gathering several varieties of unripe fruits into one basket without actual checking or knowing which ones has the potential to become ripe overtime and which ones would get rotten before it even becomes ripe.
Picking all the fruits doesn't mean all would get ripe and be useful to you, the hopes of knowing that at the end of the day, at least one fruit or maybe two would get ripe and can be eaten would be enough reason to inspire you to pick as much fruits as you can.

That's also applies to bounty hunters, they do all those bounties even when they know that not all the projects would be successful, but if they're able to get at least one or two successful projects, it'll be enough to cover for the stress they went through to perform those bounty tasks

I totally agree with you. It's something I don't understand, and it's also something I would never do, since the time needed to participate in all those bounties I prefer to use on other things, like looking for new interesting projects, for example. I still hope that some really good project will be released among the 50 memecoins (and scam projects) that appear on the market every day. But as I always say, everyone with their time and effort does what they want.
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Offline bayu7adi

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Re: Bounty hunting is a full time job?
« Reply #167 on: April 29, 2024, 08:54:09 AM »
You're absolutely correct
It's just like going to the fruit field and gathering several varieties of unripe fruits into one basket without actual checking or knowing which ones has the potential to become ripe overtime and which ones would get rotten before it even becomes ripe.
Picking all the fruits doesn't mean all would get ripe and be useful to you, the hopes of knowing that at the end of the day, at least one fruit or maybe two would get ripe and can be eaten would be enough reason to inspire you to pick as much fruits as you can.

That's also applies to bounty hunters, they do all those bounties even when they know that not all the projects would be successful, but if they're able to get at least one or two successful projects, it'll be enough to cover for the stress they went through to perform those bounty tasks
That means, as long as there are still bounty and airdrop campaigns, there is still a chance to get something profitable from there. yes, maybe as time goes by it will make the win rate decrease, but some people will still survive and as long as there is income that can cover the loss of time and energy....

Currently I see, the bounty success rate (pays out and can be converted to BTC or FIAT) is quite random... so there really is no choice but to do all the work there is and hope there are some successes.

Offline Aanuoluwatofunmi

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Re: Bounty hunting is a full time job?
« Reply #168 on: April 29, 2024, 06:33:24 PM »
I don't know how hunting after bounties is a full time for some people, maybe they have been used to it anyway, but am not still convince about how rewarding bounties have been to many of its hunters, even though despite they were aware that some of these bounties resulted to scam, because they are not rewarding and fails as the project remained unsuccessful, if we are interested in doing counties, we should not solely base on them alone, we can attached other investment aside bounties to help us have higher earning opportunities.

 

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