The professional bumpers will always win with this complex procedure of bumping, because they will create large merit farms that the small promoter doesn't have time and resources to create Merit abusers have been called out by the community since the introduction of Merit, and eventually the abusers will run out of sMerit to send to their own accounts. To earn large amounts of Merit (from large Merit sources), they'll have to create actual good posts. If "professional bumpers" start posting quality content to keep their business afloat, I'd say that's a win for the forum  I hope so, but good posts may be bought and by other hand not everybody is able and should be able to create a quality content. If everybody were creating good content here, only very good content would receive merits. And if everybody would create very good content only the excellent content would receive merits, and so on. And in the same time is one who is able to create/buy a quality content is more capable to judge other's people content? (in the real world the writers and the critics are two different professions) |
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The angle you put on this situation is interesting because it exposes some of the possible flaws in the system and how it could be counter productive.
It is clear the search for a solution that is fair and consistent will be more difficult to achieve than previously thought if removing a merit based system. I still do not know what would be a good way to proceed and do not know if it is appropriate to have a view that newbie accounts will probably spam and other accounts will probably not.
Thank you for your kind words, I'm quite used to my points not being understood for quite a long period initially so it makes me pleasure to meet here someone who can take into consideration my opinion. To contribute a little bit more to this discussion, I'd like to say that this anti-bumping feature may paradoxically enhance the spam bumping. Let's consider the situation of any honest promoter. With the old bumping system it was possible to get some attention here, for instance posting once a day like what I'm doing. With the new anti-bumping system to get some attention one needs to go around, posting things here and there to gather some merit, maybe expressing opinions that are not what he thinks but that make pleasure to someone and only then he'd be able to bump his announcement and/or his additional posts. I'm not saying it's impossible, but I'm saying that at some point it may become easier to pay some professional bumper. And the fact I can't see who actually bumped my thread is not that relevant, as I can agree with the bumper to bump my thread at some moment in which I'm able to check that the announcement is actually bumped. The professional bumpers will always win with this complex procedure of bumping, because they will create large merit farms that the small promoter doesn't have time and resources to create, and of course the community that doesn't have any kind of promoter will disappear here in oblivion. The above along with the merit system, paid accounts for anonymous users, interested moderating, almost insurmountable wall of Google re-Captcha erected against the users with anti-tracing plugins will scare people even more out of here. And this forum may become more and more a ghost with professional promoters speaking to each other. So I agree with someone who has said here "Doing something is better than doing nothing? Maybe.". |
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I'm very ashamed that I'm answering to each post that is being answered to me.
There is an "Edit" button for that. And yes we have something like 5000 cryptocurrencies out there that are not solving anything at the moment.
So we should expect one that will begin finally solving something.
When this MessiahCoin shows up I'm sure it will be on page 1. If not - let me know and I will personally bump it. Edit - oh FFS. "Revolunary" coin... I guess there is a coin for every word in the dictionary. My goal is not to upset anybody here but to help brainstorming. I think I've expressed my concerns at my best. If it can help I'm happy if it's just garbage I'm sorry for having polluted this topic and am ready to delete whatever I said here. |
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By other hand just consider one of the most important functions of bitcointalk.org for the cryptoworld: The new currencies announcements.
I don't think so. It's Bitcointalk, not Anntalk, and really - how many "new currencies" could we possibly need. The handful of alts that home some sort of value or meaning will nicely fit on the first page of the ANN board and the rest of them won't be missed if they move down to page 6+ or disappear altogether. Edit: and there you go, multiposting right here in this thread. Have some shame. I'm very ashamed that I'm answering to each post that is being answered to me. And yes we have something like 5000 cryptocurrencies out there that are not solving anything at the moment. So we should expect one that will begin finally solving something. |
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Should this implementation work as intended the big projects will be highly favoured and the small coins will be cut out forever, IMHO.
As if they were not "cut out" before - by shitbumping threads making a mockery of the frontpage. You can still promote your project any way you want, including a sig campaign right here on the forum. At least now if you can get your project to the frontpage it's likely to stay there for more than 3 minutes. For instance I'm working on promoting SLM as you can see. I publish one post a day with something I consider interesting. I was getting something like 100 people a day visiting the thread now I have 5. So it doesn't make sense for me to write anything interesting on this forum, not in the appropriate section at least. I can make valid contributions to the other threads to promote my signature, but it doesn't work that well. Sadly that does seem to be one of the downsides to the whole new bump system. If any initiative as you put is not pushed by prominent users then others might get left behind. We need to give it time to see how it plays out. By other hand just consider one of the most important functions of bitcointalk.org for the cryptoworld: The new currencies announcements. Let assume me, with other people here, are about to create some interesting new currency. The 99% of the founders try any kind of tricks to get an important piece of cake before anybody else, the typical solution is the premine. In the early days the premine was a no-no, now it's almost accepted as an inevitable evil, but still there are many trying to make their currency and their acting appear fair. So they try any kind of tricks. I gathered a very large collection of this cases, the most funny ones are publishing announcement on the New Year's Eve, publishing the announcement on some unknown site pretending there are many people interested in crypto there, not mentioning the launch date and so on. With this new anti-bumping feature the "fairness" of new currency is almost automatic. Let me explain it better. So me and other people here are working on the new currency and of course (I'm ironic here) we want to get the biggest piece of cake possible before anyone else. We don't need to hide anything, we can publish our announcement months before the launch because we won't bump it and everybody that will suddenly come across our announcement won't bump it either, because he'll want his part of a cake too, so why should he advertise the announcement to the others? The above seems to me another use case of the forum that is not coming out well from the anti-bumping feature. Unfortunately in my experience getting merits has nothing to do with good content.
That's a statement which can only come from someone who has received a total of one (in numbers: 1) merit. It can appear like that, but it's not so. I think I know how to earn merits without manipulating others into and without buying them, but consider one who has some ideas that are too new and people will need many time to get used to. He will get basically no merits. And in the mean time this bumping system kills every initiative that is not promoted by big guys.
Let me rephrase this: [..] this bumping system kills every scam promoted by newbies. That's the positive aspect of this bumping system, but it will also hurt the action of people that have been in crypto for many years and that have something to say which is not just promoting the first 10-20 coins. How many bumps can receive Etherium? And how many bumps can receive some small fair coin whose developers are working hard? |
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I can make valid contributions to the other threads to promote my signature, but it doesn't work that well.
If you make valuable contributions elsewhere in the forum and earn merits - your own bumps to your thread will have more weight. If you just post in other threads trying to get views for your signature - it might backfire. Unfortunately in my experience getting merits has nothing to do with good content. And in the mean time this bumping system kills every initiative that is not promoted by big guys. |
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Should this implementation work as intended the big projects will be highly favoured and the small coins will be cut out forever, IMHO.
As if they were not "cut out" before - by shitbumping threads making a mockery of the frontpage. You can still promote your project any way you want, including a sig campaign right here on the forum. At least now if you can get your project to the frontpage it's likely to stay there for more than 3 minutes. For instance I'm working on promoting SLM as you can see. I publish one post a day with something I consider interesting. I was getting something like 100 people a day visiting the thread now I have 5. So it doesn't make sense for me to write anything interesting on this forum, not in the appropriate section at least. I can make valid contributions to the other threads to promote my signature, but it doesn't work that well. |
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Should this implementation work as intended the big projects will be highly favoured and the small coins will be cut out forever, IMHO.
To make things work in a fair manner just make each next post published in the same day having 1/2 bumping power of the previous one: to bump one thread one would need to publish 1 post for the first time, 2 posts for the next time, 4 posts for the third time in the same day and so on.
So to bump a thread just one time each hour one will need to publish 201326604 posts a day.
To bump a thread each 30 minutes during a day one would need to publish 1,407374884×10¹⁴ posts a day.
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Edit: Now if we develop the story, and if we have developer, we could make lets say upgraded virtual machine, user to decide how much power of virtual miner to be used, of course in limited range, for instance. At the moment unfortunately there is no one to upgrade even the client
If we had a developer available the solution to what described @terracoinhelpstheworld above might be to modify PoB in order to enable people withdrawing the amount they invested anytime, so the SLM profits would become in line with masternoding without the hassle of working on nodes, much more convenient than PoS and much more convenient than PoW without the hassle of mining (I'd call it Proof-of-Investment solution). Another possible solution would be to enable the possibility to change the ownership of the burned coins, thus creating a market of SLM virtual farms. And the third solution that went me in mind reading the above would be to dramatically increase the PoB rewards let say 10 times but it the worse solution because it would create a heavy pressure on the price of SLM and would not solve things as sooner or later the difficulty would increase so the profits would drop anyway. But what is the exact issue with developers? We don't have developers able to make the changes/upgrades needed or we do have them, but they don't have time available because they need to dedicate it to their daily work (or other projects)? No, we dont have it. We had and have contributors. SLM is based on the Peercoin, and we would need to update it on the new core 0.8.3 Does it mean that we need to find a developer? Yes. that is correct That's a good news :-) I mean, I love challenges. And by other hand it seems like we've elaborated the first step of our possible road map (there are many currencies out there that don't have a road map and the investors usually don't like it as it may mean that the team that is working on the coin, decentralised or centralised, doesn't know where to go). What are the requirements for the developer that we'd need? What should he/she be familiar with? |
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Edit: Now if we develop the story, and if we have developer, we could make lets say upgraded virtual machine, user to decide how much power of virtual miner to be used, of course in limited range, for instance. At the moment unfortunately there is no one to upgrade even the client
If we had a developer available the solution to what described @terracoinhelpstheworld above might be to modify PoB in order to enable people withdrawing the amount they invested anytime, so the SLM profits would become in line with masternoding without the hassle of working on nodes, much more convenient than PoS and much more convenient than PoW without the hassle of mining (I'd call it Proof-of-Investment solution). Another possible solution would be to enable the possibility to change the ownership of the burned coins, thus creating a market of SLM virtual farms. And the third solution that went me in mind reading the above would be to dramatically increase the PoB rewards let say 10 times but it the worse solution because it would create a heavy pressure on the price of SLM and would not solve things as sooner or later the difficulty would increase so the profits would drop anyway. But what is the exact issue with developers? We don't have developers able to make the changes/upgrades needed or we do have them, but they don't have time available because they need to dedicate it to their daily work (or other projects)? No, we dont have it. We had and have contributors. SLM is based on the Peercoin, and we would need to update it on the new core 0.8.3 Does it mean that we need to find a developer? |
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Edit: Now if we develop the story, and if we have developer, we could make lets say upgraded virtual machine, user to decide how much power of virtual miner to be used, of course in limited range, for instance. At the moment unfortunately there is no one to upgrade even the client
If we had a developer available the solution to what described @terracoinhelpstheworld above might be to modify PoB in order to enable people withdrawing the amount they invested anytime, so the SLM profits would become in line with masternoding without the hassle of working on nodes, much more convenient than PoS and much more convenient than PoW without the hassle of mining (I'd call it Proof-of-Investment solution). Another possible solution would be to enable the possibility to change the ownership of the burned coins, thus creating a market of SLM virtual farms. And the third solution that went me in mind reading the above would be to dramatically increase the PoB rewards let say 10 times but it the worse solution because it would create a heavy pressure on the price of SLM and would not solve things as sooner or later the difficulty would increase so the profits would drop anyway. |
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It is possible if bitcoin BTC will hit 350 000 $ and price of monero in sat will be same.
I think so, but I'd like Monero to rise more than that. |
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Hi all,
Any news about Nova exchange ?
the wallet has been down for more than one month now.
K.
Is it because of the issue @d5000 is working on or for another reason? |
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In my opinion Monero is what BTC should've been. The regulations are a temporary issue. Maybe other anonymous projects are heavily competing with it, so the price is not going up.
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Мне лично очень нравиться Комодо, у них там сложные контракты не так заоблачно стоят.
Burst, вообще смарт контракты раньше эфира придумал.
Они еще живы?) От Вас услышал про Комодо наверное впервые за последние полгода, честно говоря думал им уже тапки... Вообще они вроде бы сегодня разрешили проблему децентрализованных торгов. И это конечно класс. Правда я не совсем понимаю как они собираются наращивать капитализацию, если одним из основных их видом деятельности является создание форков от своей технологии. И да, я в них не вложился пока что и не планирую вкладываться, так что говорю все как на духу. |
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Думаю, что крипте не хватает понимания для чего она нужна.
Все говорят о волатильности, об удобности использования, о скорости транзакций. И мы имеем около 5000, если не больше валют, которые разрешают различные такого рода умозрительные проблемы, а прорыва никак нет.
А все почему? Потому что роют не там, имхо.
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Мне лично очень нравиться Комодо, у них там сложные контракты не так заоблачно стоят.
Burst, вообще смарт контракты раньше эфира придумал и ввел в употребление.
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If you had a gold mine would you teach others where is it?
So why all those people are pretending to be able teaching you something?
Why they are just not making money themselves with all that wisdom they have?
For some people, even give them a gold mine and show them how to dig, they will throw a pickaxe and start complaining how hard it is for them. And if on the topic, then there is no magic recipe. There are some common points, let’s say most of the people who succeed, work hard, tirelessly. And that’s it.  There are some who were just lucky at some point, but there are few. That's true. Trading is a job as any other, but it much more risky so much more stressful. People tend to concentrate their attention on possible high profits that a trader can make, but for one who makes profits there are others that lose money. |
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Mining seems a bit tricky to me.
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If you had a gold mine would you teach others where is it?
So why all those people are pretending to be able teaching you something?
Why they are just not making money themselves with all that wisdom they have?
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