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Author Topic: A big sign of a bounty scam in recent time.  (Read 8025 times)

Offline Bobcrypto

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A big sign of a bounty scam in recent time.
« on: March 10, 2021, 02:47:27 PM »
Many of us had learnt some of the signs of a possible bounty projects scams, like no or poor white papers, identity of project team members etc, but I think that the biggest sign of a bounty scam is the hunters telegram ban by project team for speaking out about the coin/token distributions. I have experienced this situations severally and I think that it is the biggest sign of a bounty scam in recent times. What do you think?

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Altcoins Talks - Cryptocurrency Forum

A big sign of a bounty scam in recent time.
« on: March 10, 2021, 02:47:27 PM »

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Offline Falcon

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Re: A big sign of a bounty scam in recent time.
« Reply #1 on: March 10, 2021, 03:42:31 PM »
Good topic Bro, but banning hunters from the main telegram group is not the sign that they are scam. Majority of bounties has a rules that hunters must not ask questions in the main group specifically if the question is about for hunters. If there is a rule, then they have the right to ban hunters asking question about bounty concern. However, if hunters asked question not related to bounties. Instead related to the project team and the platform. It is about time to doubt them and leave the group is there is a strong sign of scam.

Offline sergeybobrov

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Re: A big sign of a bounty scam in recent time.
« Reply #2 on: March 10, 2021, 04:09:31 PM »
These are indeed signs of possible fraud, since the absence of the team's personalities on the official website may indicate that their intentions are not very good.

Offline Hometown

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Re: A big sign of a bounty scam in recent time.
« Reply #3 on: March 10, 2021, 04:10:32 PM »
What's should we do mate ? A lots of bounty campaigns are available in the cryptocurrencies market but very different to understand. Many reputed bounties campaigns Manager managed scams bounty campaigns.

Offline GREENch85

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Re: A big sign of a bounty scam in recent time.
« Reply #4 on: March 10, 2021, 04:19:19 PM »
In addition to these signs, there is still a possibility that the project will not be able to get the necessary amount of money during the token sale and will return all the collected funds to investors, well, bounty hunters will be left with nothing.

Offline shadowdio

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Re: A big sign of a bounty scam in recent time.
« Reply #5 on: March 10, 2021, 05:56:38 PM »
I don't think banning of members that speaks about distribution is a sign of bounty scam. Didn't they read the general rules that asking a questions about the bounty in the official channel this can lead them to ban. Most of the bounties has this rules so it's not a sign of scam to me. Research the project is only way that we can determined if the project is a scam or legit.

Offline pealr12

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Re: A big sign of a bounty scam in recent time.
« Reply #6 on: March 10, 2021, 07:22:16 PM »
Many of us had learnt some of the signs of a possible bounty projects scams, like no or poor white papers, identity of project team members etc, but I think that the biggest sign of a bounty scam is the hunters telegram ban by project team for speaking out about the coin/token distributions. I have experienced this situations severally and I think that it is the biggest sign of a bounty scam in recent times. What do you think?

This is not a yard stick to measure scam because if that is the case many projects do this, they ban any account that ask any challenging questions regarding their project, the truth is crypto space is full of insecurity, any little thing anyone says people tag it as fud and request you to be banned from the group ,
So in my opinion this is very common to crypto space and do not determine a project to be scam.

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Re: A big sign of a bounty scam in recent time.
« Reply #6 on: March 10, 2021, 07:22:16 PM »


Offline Freemind

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Re: A big sign of a bounty scam in recent time.
« Reply #7 on: March 10, 2021, 07:30:24 PM »
Another mistake that scammers make a lot is partially copying another project's white paper. On many occasions that has been the key point to hunt them down and mark them negatively, also the banning of users as indicated by the OP, the silence of moderators and administrators, excuses of any kind, half truths, "soon" answers...

« Last Edit: March 10, 2021, 07:33:00 PM by Freemind »
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Re: A big sign of a bounty scam in recent time.
« Reply #8 on: March 10, 2021, 11:48:49 PM »
Some of them are the signs of scam bounties/projects, but it didn't always happen in all scam bounties/projects. If you saw that the team members on their official telegram group are not really active to post the progress of the projects, it can be one of the signs of scam projects. Moreover, if the team members service the members there in a bad way. 
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Re: A big sign of a bounty scam in recent time.
« Reply #9 on: March 11, 2021, 01:06:49 AM »
If the project team doesn't enable comments on telegram, I think the project is a scam.
They are not ready with a number of questions from community members, a lot of questions about products and a list of coins in the next exchange.
this is where the patience and professionalism of the team will be tested, so that we will find out which projects are cheating and which are not.

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Offline Master107

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Re: A big sign of a bounty scam in recent time.
« Reply #10 on: March 11, 2021, 01:26:23 AM »
In some cases, yes it is. But basically the sign that you are in scam project is they offers cheaper price with promising promises. Scammers will use the psychological approach to attract buyers. They are inconsistent, no transparency, and leave the tg for any seems valid reasons. Beware for that kind of tactics.

I recommend if you are not sure if they are scammers, much better to buy just small amount. Do not put whole of your asset in unknown project. Do not put your trust to wavering team. Be wise enough to protect your funds.

Remember:
  • Clear whitepaper is a must.
  • Transparency is a must.
  • Consistency is a must.
  • Social pages, Linkin, youtube, with daily(if possible) updates is a must.

Without the mentioned above could be a clear scam. Exit immediately and don't trust your guts if there's already a clear manifestation that you are in scam team.

Offline Tristanerus

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Re: A big sign of a bounty scam in recent time.
« Reply #11 on: March 11, 2021, 03:37:57 AM »
In some cases, yes it is. But basically the sign that you are in scam project is they offers cheaper price with promising promises. Scammers will use the psychological approach to attract buyers. They are inconsistent, no transparency, and leave the tg for any seems valid reasons. Beware for that kind of tactics.

I recommend if you are not sure if they are scammers, much better to buy just small amount. Do not put whole of your asset in unknown project. Do not put your trust to wavering team. Be wise enough to protect your funds.

Remember:
  • Clear whitepaper is a must.
  • Transparency is a must.
  • Consistency is a must.
  • Social pages, Linkin, youtube, with daily(if possible) updates is a must.

Without the mentioned above could be a clear scam. Exit immediately and don't trust your guts if there's already a clear manifestation that you are in scam team.

Very helpful informative my friend, thank you for your sharing with regards bounty campaign. I haven't yet earned through bounty but, i think we have the same signature there's a big possible i could pay out soon once the project succes and launch into the market.

Offline Andruha1993

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Re: A big sign of a bounty scam in recent time.
« Reply #12 on: March 11, 2021, 11:08:31 AM »
No I do not think so. It's just that some bounty hunters do not know how to wait and constantly spam into their official group, so they have to forbid them to write there.
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Offline Freemind

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Re: A big sign of a bounty scam in recent time.
« Reply #13 on: March 11, 2021, 11:16:28 AM »
@Andruha1993 I think bounty hunters have every right to ask for their reward. When a team or rewards manager starts changing dates, changes the rules, or just doesn't respond. It is the bounty manager's duty to keep the bounty hunters informed at all times, because the bounty hunters have already done their part of the job, and if there is a problem that the bounty manager cannot solve on his own, he should talk to people and try to solve it together.
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Offline Delgboke

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Re: A big sign of a bounty scam in recent time.
« Reply #14 on: March 11, 2021, 11:44:43 AM »
The ban in bounty Telegram channels is not basically because they are scam in the bounty campaign I think the basic of the ban is because of so much spammers in the channels,but for that case the admins should also be able to give answer to every questions instead of banning people in the bounty channels.
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