Bitcoin Forum

Economy => Service Discussion => Topic started by: Winalunt on November 04, 2015, 11:41:30 AM



Title: what impact does the recent price increase has towards signature payments.
Post by: Winalunt on November 04, 2015, 11:41:30 AM
Hello guys,
  I just made a poll about it as we can see coinut and MGD planed to change the pay for their campaign's and if you are selecting any answer above please dont forget to give a reason for it ...
I personally think that there is literally no reason for any campaign to lower the pay per post as they are earning in BTC and they are also paying in btc.
The only valid reason would be if the casino is about to bankrupt and they are continuously funding it with fiat's,in this case there is no need of explanation as they can even close the campaign in worst case.

However, lowering the pay when price rises gives the appearance like 'utilizing the opportunity to get discounted promotion/publicity '
but i would say some people/owner's/managers are just negative towards campaigns and it should be case by case.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: Tstar on November 04, 2015, 12:07:18 PM
I think it is their legitimate right to lower/raise the price of their campaigns since there's nothing wrong in adjusting to the market price.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: SFR10 on November 04, 2015, 02:33:20 PM
Good poll you made here, my answer would be to remain as it is... I couldn't find which thread was that there was a discussion of a similar matter but on that case was should they increase the payments due to the decrease of bitcoin value then and some (Pretty much sure that a campaign manager was among them) replied that in the past the rates did stayed the same no matter the value and so they didn't increase the rates then so to be fair, the rates shouldn't be decrease now either and pretty much continue as it is


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: jacee on November 04, 2015, 02:40:00 PM
Well I've voted that it should be case by case. It depends if the signature campaign willxalso benefit from it. I mean why would they pay at a high rate if they don't have a higj revenue in their site. If the earnings of the service will not be affected as the bitcoin price increase tho I don't think it's necessary toclower the rates if it doesn't really has a huge effect in their profits.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: Winalunt on November 04, 2015, 03:48:50 PM
Well I've voted that it should be case by case. It depends if the signature campaign willxalso benefit from it. I mean why would they pay at a high rate if they don't have a higj revenue in their site. If the earnings of the service will not be affected as the bitcoin price increase tho I don't think it's necessary toclower the rates if it doesn't really has a huge effect in their profits.
it's not about profit's mate ,there is no change in their business in fact the recent price increase can get more profit's .
let's assume a website/exchange had exchanges around 1000~ coins a day and x coins profit from the fees ,
what's the difference now and then ? all in BTC.
except they dont want their participants to have the benefit of price increase.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: jacee on November 04, 2015, 03:59:33 PM
Well I've voted that it should be case by case. It depends if the signature campaign willxalso benefit from it. I mean why would they pay at a high rate if they don't have a higj revenue in their site. If the earnings of the service will not be affected as the bitcoin price increase tho I don't think it's necessary toclower the rates if it doesn't really has a huge effect in their profits.
it's not about profit's mate ,there is no change in their business in fact the recent price increase can get more profit's .
let's assume a website/exchange had exchanges around 1000~ coins a day and x coins profit from the fees ,
what's the difference now and then ? all in BTC.
except they dont want their participants to have the benefit of price increase.

I see so you are saying like if they lower their pay rate now they are only doing it because they don't want participants to benefit? If it doesn't affect their business at all, then why be selfish and don't just give their participants to get the same. :(


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: Nobitcoin on November 04, 2015, 04:13:57 PM
I would say that if the campaign has lowered their rates due to rising Bitcoin prices means that they are trying everything they can to benefit at every opportunity. For instance they are paying by the price of what Bitcoin price they thought it to be at the time they set the rates so therefore changing the prices down to cents would make them far more richer since they are only paying a fraction of the real price as they are receiving Bitcoin from their site from customers. So they benefit twice once from the stung campaigners and once again from the customers who are seeing their signatures and clicking on the link.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: ~Bitcoin~ on November 04, 2015, 05:15:05 PM
I think it will be case by case scenario as the sites being advertised over here are from multiple categories like bitcoin card provider,gambling sites,bitcoin mixers etc. So the impact of the price increase on their profit will be different so they will do differ adjustments. But i doubt any one will be paying higher if their competitor are paying lower so ultimately making decrease in signature payout.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: Winalunt on November 04, 2015, 05:25:38 PM
I think it will be case by case scenario as the sites being advertised over here are from multiple categories like bitcoin card provider,gambling sites,bitcoin mixers etc. So the impact of the price increase on their profit will be different so they will do differ adjustments. But i doubt any one will be paying higher if their competitor are paying lower so ultimately making decrease in signature payout.
NO, not really ,some campaign or manager's who are happy with their campaign's are not going to do utilize this shitty opportunity .
fortune jack,777 havent decreased the pay's.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: ezeminer on November 04, 2015, 05:33:57 PM
I think it will be case by case scenario as the sites being advertised over here are from multiple categories like bitcoin card provider,gambling sites,bitcoin mixers etc. So the impact of the price increase on their profit will be different so they will do differ adjustments. But i doubt any one will be paying higher if their competitor are paying lower so ultimately making decrease in signature payout.
NO, not really ,some campaign or manager's who are happy with their campaign's are not going to do utilize this shitty opportunity .
fortune jack,777 havent decreased the pay's.

Well in the end I believe it comes down to what type of business they are running. As well as how the campaign is structured whether it be a fixed rate, or a post rate.

If you are a gambling site using straight btc, then you probably should not adjust rates. But there is one big change that happens, as btc goes up I believe people will be less likely to gamble it. It all depends on the gamblers.
Although if BTC goes to $1,000 or $10,000 that is $1.00 and $10.00 per post respectively.

If you are a site using fiat (exchanges), then YES. You would not be able to afford to pay people if btc rates go through the roof.

That's just my two bits.


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: DiamondCardz on November 04, 2015, 05:42:57 PM
Case-by-case basis, I suppose. In an ideal world there is no need for signature campaign owners to adjust their BTC payments, but we don't live in an ideal world ;) It would be nice for those companies with signature campaigns that make their profit off BTC commissions to keep their payments the same and pass on their increased profits, yes, but company owners are usually more greedy than that :P


Title: Re: what impact does the recent price increase has towards signature payments.
Post by: Winalunt on November 04, 2015, 06:22:24 PM
I think it will be case by case scenario as the sites being advertised over here are from multiple categories like bitcoin card provider,gambling sites,bitcoin mixers etc. So the impact of the price increase on their profit will be different so they will do differ adjustments. But i doubt any one will be paying higher if their competitor are paying lower so ultimately making decrease in signature payout.
NO, not really ,some campaign or manager's who are happy with their campaign's are not going to do utilize this shitty opportunity .
fortune jack,777 havent decreased the pay's.

Well in the end I believe it comes down to what type of business they are running. As well as how the campaign is structured whether it be a fixed rate, or a post rate.

If you are a gambling site using straight btc, then you probably should not adjust rates. But there is one big change that happens, as btc goes up I believe people will be less likely to gamble it. It all depends on the gamblers.
Although if BTC goes to $1,000 or $10,000 that is $1.00 and $10.00 per post respectively.

If you are a site using fiat (exchanges), then YES. You would not be able to afford to pay people if btc rates go through the roof.

That's just my two bits.
well you are just expecting the extremities ...10k btc is just ridiculous speculation and no participant would claim then.
also there is a bump going on now as we see it is back to 440 from 490+ .
I assume the gambling addiction will increase more and more as price rises up cause we all are greedy .
MD is wagering/profiting in btc ,i dont find a reason for them to lower 60% of their rate ?