Hey thanks for the reply. Just to clarify, players can be awarded this badge, it is not out of reach or unobtainable - in fact many players have it and continue to be awarded it. The link I had in my previous post shows over a dozen players receiving the Bug Hunter badge for their efforts in supporting testing beta and alpha Page and Issue builds. This method is the only way I know to receive Bug Hunter on the live shards.
To provide further context, I enjoy finding bugs and exploits in this great game. I did a lot of searching for geometry errors because it was (and honestly still is) a hobby of mine. That evolved in to testing out changes on the Beta shard out of both curiosity and convenience. I read a post one day from Jimmy saying that testers were needed to help support the dev team, so I showed up and started focusing on what needed looked at and tested. From their I became more involved in the process and reporting my findings until one day I was awarded the badge. My anecdote mirrors the same method as other folks who have received this badge in the past, though some have been awarded it outright for reporting serious exploits on the Live shards.
All that to say that it is not out of reach of the average player, and best of all it is a nice incentive for players to support testing - which honestly rewards the rest of the community by making the game better for everyone!