Incredible speed and service from this guy, I have always been thoroughly impressed.
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This bounty thread is now being closed. Any further bounty questions should be asked in the https://t.me/bountycloud group. Stakes will be finalized over the next week, any stake issues must be resolved within 1 week from now.
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We still have one last place for copywriter, if you're interested, send email! Email sent, please contact me on Telegram @Parodium if you would like to discuss further.
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Payment has been sent. Interest will be adjusted if repaid early, but no lower than 0.0005 interest.
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I can fill this at 10% interest for that term, repayment amount 0.0165.
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Massively inaccurate statement. It costs $9343 to use that amount of energy, but that energy is not used just mining Bitcoin, but also securing the network so that other people can be sure their bitcoins are safe. And didn't you know, Bitcoin miners don't just get paid from newly minted bitcoins, but also from the transaction fees of all the transactions included in the block they mine, thus you would need to deduct those from your cost estimate.
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That does not explain why. Only Theymos can answer this question, unless he has already answered it in the past.
Opinions of the community are irrelevant in this case, and constitute only poor proxies of the actual rationale.
If Theymos has addressed this in the past, please do let me know, a quick search did not turn up anything.
Is this enough? When VIP status was created, the BTC price was about $15. It's supposed to be very expensive. If everyone had VIP status it would lose its meaning.
Not really, at the original price VIP status cost around $750. That is massively different from the $350,000 it would cost now. I don't think there has been a single new VIP member in the last year? When something is priced so high, it is practically unattainable, and as such is not realistically for sale.
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Until Bitcoin crashes below $1,000, the market remain will remain long term bullish. Right now there is absolutely no reason to suspect Bitcoin is going anywhere any time soon, it has a $100b+ market cap and has barely even begun to invade many industries. Bitcoin has a higher market capitalization than several of world's most famous brands, and yet there isn't 10,000 threads about them possibly going bankrupt is there?
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Why don't you reduce the price of Donator and VIP memberships? The current prices are simple unattainable, it's almost like you're intentionally making them impossible to reach. Are you looking to keep the exclusivity of the former members who donated when BTC was almost worthless? If so, why? Back then the amount they donated was less significant, but now 50 BTC for a badge is crazy. We would love to contribute towards the running costs of the forum, but copper membership is not enough, couldn't you implement something a big more desirable (but attainable).
There are plenty of threads explaining why. This is the most recent one: Theymos should reconsider amount for "Donator" and "VIP" status.That does not explain why. Only Theymos can answer this question, unless he has already answered it in the past. Opinions of the community are irrelevant in this case, and constitute only poor proxies of the actual rationale. If Theymos has addressed this in the past, please do let me know, a quick search did not turn up anything.
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I personally believe that rather than burning unsold tokens, which doesn't really do too much in the long run. Instead, ICOs should reduce their total supply by the difference in sold vs available tokens as a ratio. For example, if 50% of tokens were sold, then the total supply should be reduced by 50%, thereby increasing the rarity of each token by 2.
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There are groups of shill posters on the forum that recruit full members and hire to bump announcement threads.
I saw one recently where a user in the services section was offering $0.6 per bump from a well ranked level account.
Legendary members are not always admirable, many of them are complete scrubs that are just as spammy as the worst bounty hunters.
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People now - "No way I'm paying $65,000 for a Donator membership!"
People in 10 years - "No way I'm paying $65,000 for a Copper membership!"
Unlike the Donator/VIP memberships, I do plan on reducing the cost of copper membership if the price rises a lot, so that shouldn't happen. (Though the membership price doesn't float automatically.) Why don't you reduce the price of Donator and VIP memberships? The current prices are simple unattainable, it's almost like you're intentionally making them impossible to reach. Are you looking to keep the exclusivity of the former members who donated when BTC was almost worthless? If so, why? Back then the amount they donated was less significant, but now 50 BTC for a badge is crazy. We would love to contribute towards the running costs of the forum, but copper membership is not enough, couldn't you implement something a big more desirable (but attainable).
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I've still got Zilliqa as my number 1 coin, so long as they are the first to implement sharding and actually move it to the main net, then we will see significant growth in the number of Zilliqa transactions. Right now this coin is only limited by the size of its community, the developers are well funded and ambitious, two qualities that makes for exciting results in time.
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I think that for a successful ICO you need money and a lot of money, on the other hand, it is strange for me when some unimportant project is trying to collect 20 - 30 million dollars.
Of course money is needed, but even more important is what this money will be spent on. Projects with clear goals and a plan for spending are always ahead of everyone else. So it's funny when my friends ask me for an opinion about the project without white paper or without a product. I think whitepapers have become a cliche lately, they're not what they used to be. Too few projects are producing a technical whitepaper likely because they haven't actually worked out how they're going to build their product. I think any platform coin without a whitepaper is almost certainly a scam.
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Even if people did enable self-moderation on their topics, what makes you think that they would actually contribute to controlling spam? After all, controlling spam takes time, and few people like working for free. Moderators get paid to do their job, why would people do it for free? I understand it's for making Bitcointalk a better place for everybody, but usually as soon as that requires conscious individual effort, that pipedream goes out the window.
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Long term it's not worth investing in, many of the top 10 cryptocurrencies are going to experience 10-20% gains whilst others remain roughly stable, it's just the runaway cart effect, once it pumps a little, FOMO pumps it further etc, until the bullish support drops and it returns back to a point lower than where it started. Unless there is prominent news surrounding the coin that suggests big things are planned, then don't buy into these pumps unless you get in and out quick.
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The market is falling it's true, relative to December 2017 Bitcoin has fallen more than 60%, whilst many altcoins (particularly ERC20 tokens) have collapsed by as much as 90%. However, I would not say that the industry is failing, this is simply a correction after an unprecedented growth phase, as with all markets you will experience times of incredible growth and regress, the crypto market is no different in this regard. It's just a matter of time until the cycle begins anew.
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