I agree with both of you guys. Bountyhive is a scheme to enrich the owners of the site.  You know its a scam because your not allowed to see any sort of spreadsheet or verify who is actually getting these coins.  I know more about the dealings of the federal reserve than I do about the legions signing up for the bounties on BH.

20k telegram users in a matter of a week or two?  Top 50 coins do not even have that type of numbers after being around for 1+year.  Then getting 5k-6k users fill up the available spots in a matter of a couple hours when 0xBounty spots last for weeks/months.  Do all the hunters on BountyHive not know about any of the other sites? 

They are for sure taking much of the coins for themselves and giving scraps to the real hunters that happen to be there to keep the gig floating along.  There are too many suspicious things going down.  Good looking out guys.