Indeed until now the bounties was not profitable, maybe only if the bull run will come the bounties will be profitable, but until then maybe the bounty hunters start to trade, and try to make a profit there.
The bull run is already here and I can say bounty hunting is a little improved in terms of profitability. Though hunters still complain of higher persentage of projects that has refused to fulfill bounty promises or will I say agreements.
I don't still see a good improvement but for sure as the bull run continues improvement will happen.
We can use altcoins pump as an indicator that the bounty hunter might start receiving a good reward, thus far, only limited number of altcoins are just pumping, we haven't seen the usual movement of alts that we saw during the last 2017 bull run.