Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on May 25, 2018, 03:05:20 AM
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
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Bounty programs are definitely worhwhile, not only in terms of reward, but also in terms of experience and knowledge...
you might also bump into opportunities as you sometimes get into contact with team members... and who knows end up being a part of the team :)
of course, like in everything, you win some, and loose some...
but if the project is sucessfull you will earn a lot... ;D
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Bounties are not wast of despite numerous scam and pump and dump projects. Bounties are essentially incentivized reward mechanisms offered by companies to individuals. I think is also one the ways of getting extral income (ie passive income ) as you mentioned.
To participate in bounties and get rewarded, you should take a thorough research of the project to be sure of payments.
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I constantly have such situations, even if the project seems promising, problems may arise and the coins of the project are traded on the bottom, but recently only 1-2 projects out of 10 are successful and bring tangible profits.
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Bounty programs are never a waste of time. Even if some of them do not give you tokens, others will give you high rewards. It is a good way of generating income during your free time
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I agree! Research is the only best way to help ourselves to make sure that we are not doing something just for nothing. So let us protect ourselves by making personal study of the bounty that we will be joining.
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Bounty is absolutely not a waste of time it will be a waste of time if at the end the team will not pay the bounty supporters. To research is good but still there are project that have a nice move that could get out from whatever issue in the market and can give some alibies in order not to send the payments.
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I agree, there are many projects that we spend our time on, and then it turns out that the project is fraudulent. But the fact is that there are real and honest projects, but due to circumstances they failed to realize their plans and make their coins promising and in demand on the market. There are many factors that affect the success of the project and no one can anticipate them, so to minimize the risks, you need to carefully study the projects in which you are involved and if you do not like something just passing by.
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No matter how we studied the team, read the white paper, check the advisors and whatever that necessary to know still the result is unpredictable. Even the team is so active, even the project is so good still we can determined the reward at the result of the campaign.
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It is not a wasting of time, for me it is a passive way of generating income. As long as you do your part by searching how do bounty developed, read carefully the whitepaper of the project. You must do your job in bounty when you really want to eatn good profit in the future.
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Bounty program are not a waste of time. They help people to earn money especially during their free time. Even if some bounties do not go well, those which will bring results will make you forget those that didn't go well.
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Yes I always look at the social media of the project. whether always updated or never. next I look at the rating of the project and how the project team works.
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Bounty campaign is not a waste of time at all. It is both an active and passive way of making cool money
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Today I am convinced that you must necessarily join the bounty of the project, where you are going to invest. Participation in the bounty for me has become an obligatory pre-investment phase. If to say otherwise, then I will not invest in the project if I did not participate in its bounty.
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No matter how we studied the team, read the white paper, check the advisors and whatever that necessary to know still the result is unpredictable. Even the team is so active, even the project is so good still we can determined the reward at the result of the campaign.
I agree with this. if they change their mind regarding the reward we cannot do anything.
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Although many current ICO projects are fraudulent, in general, participating in signature campaigns ICO is quite interesting and profitable. Just need to have perseverance and patience, a positive result will be unambiguous.
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Yeah , it's not easy to work for something who didn't pay you right . But still! We need to do it again in again believing that there are still good project who will pay you right. Just work hard, and think those bad experience as a lesson .
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Bounty programs are definitely a way of making income during your free time. I believe not all bounties will be rewarding, but those that are will really make you earn a lot of money so it is never a waste of time.
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Bounty programs in my opinion do not waste time because it can be done at leisure
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Yes and No.. i think the best tactic is jsut to concentrate on areas of bounties that pay the most, and make sure sure sure you get the best bang for your buck with a signature.. they can sometimes outweigh other rewards by as much as 10-20X so its crucial to really research those (project wise, pay wise, how many are participating, etc.)
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It's a great way to generate income, but the startup is very slow. You need to establish yourself in the bounty world and create a reputation before you get decent payout for anything. Same with having a decently sized twitter account, that takes time to grow. Once established though, holy hell are some of the payouts huge. I saw a guy get over $60,000 worth of tokens back in december, though he was a legendary member and it was a signature campaign. Still pretty ridiculous, hopefully with time I can see even half of that level of success =)
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It's a great way to generate income, but the startup is very slow. You need to establish yourself in the bounty world and create a reputation before you get decent payout for anything. Same with having a decently sized twitter account, that takes time to grow. Once established though, holy hell are some of the payouts huge. I saw a guy get over $60,000 worth of tokens back in december, though he was a legendary member and it was a signature campaign. Still pretty ridiculous, hopefully with time I can see even half of that level of success =)
I'm motivated with your post and I'm thankful for that. I could ever imagine to earn that amount in a single bounty. That will be a great help for my financial situation. I know it takes time to establish my account but I will do my best to be productive in this forum and be a better person.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Yeah as the crypto is getting bigger that creates more money into marketcap the more scam project coming in to get money from those newbie investors. I'm hoping that we can avoid those ICOs to don't waste our time in doing bounty with scam projects. I still optimistic that doing bounty is still worth the effort as I see many bounty hunters getting bigger earning by doing signature campaign. Just do a research before joining. Indeed, this is still the best way to generate more income.
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Yeah you are right but we dont have any option just like me came from a poor family but if you are investor you cannot experience just like that situation, only thing that we have is do more research about campaign that we are going to participate thats the only way because its hard tp determine if the ico is scam or legit,searching and reading is a must to avoid scam.
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Bounty programs provide a middle ground to get tokens that can be used as money.
So here you have to work for the period that has been specified in a project, after successful you will get a reward that is token.
Bounty is one alternative for beginners who want to plunge in the world of crypto currency that has no capital .
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I work already a year and make good money on it, so for me it's a good kind of free earnings on the Internet
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Being a bounty hunter is worthwhile activity. I would choose to promote ICO in my house compare playing computer games the whole day.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
I think bounty program is a passive way of generating income. It is very profitable, I like it.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Yes I see too many scam bounty, It is waste the time. But if you get good bounty, It will be a passive way of generating income.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Yes I see too many scam bounty, It is waste the time. But if you get good bounty, It will be a passive way of generating income.
Agree. In addition to avoid to become a victim of some scam bounty programs we need to make deep research of the project ideas including its #DevelopmentTeam members if they are real and legit in physical identity. Most of all study first the products of the projects if it is really helpful to the society that can be use by most individuals in elevating their financial stability in the long run.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
I think Bounty program is a passive way of generating income. I have gotten alot benefits from bounty..I enjoy it.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
For me, I think bounty program is a passive way of generating income. I get alot of income from bounty.
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Bounty hunting is not really a passive income more to a "job" a own time own target job. Passive income is more to investing and doing nothing but you are able to see money constantly coming in. Bounty hunting is not really waste of time if you do your research well bounty hunting is a very good medium to earn in crypto other than investing.
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Doing research is a big help to avoid wasting your time in a scam project. So i choose to not join in a campaign in a first month of it to observe the situition.
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Doing research aren't going to save you from anything, in this world long known managers or professionals can think different and act dishonestly in a day or change the rules of the bounty over night so you get %10 of you planned.
But, bounty programs are absoulutely a passive income. I got my bike and made my holiday expenses from crypto money this year.
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When I started bounty hunting I had much passion and enthusiasm to earn a great amount of Cryptos. But after a while most of the bounties turned out to be scams or a failure. This really reduced my morale, so currently I consider it as a form of passive income. I don't really rely on it.
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It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Yes, I think Bounty program is a passive way of generating income. It is very profitable.
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I agree! Research is the only best way to help ourselves to make sure that we are not doing something just for nothing. So let us protect ourselves by making personal study of the bounty that we will be joining.
I think bounty programs is not waste of time instead it helps us to to generate income.Through bounty programs we can promote the project and they reward us a token that will serve us as payment.Its depend on us how we manage our time in joining bounty programs..
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I wonder how much hero or legendary members on btt earn from the bounties. Sometimes their signatures get paid like 10x than the jr. members.
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Depends on the project you are working on from the bounty.
If you choose a SCAM project, for example, if you work on a signature campaign for 3 months, then for 3 months you spend your time in vain.