^^^ Legolas campaign is ending today, so can be removed

1- Nie pisalem o pojedynczych postach, tylko o aktywnych uzytkownikach, piszacych regularnie wartosciowe posty, ktorzy maja zero punktow merit.

Daj namiary (linki do ich kilku wartosciowych postow), a chetnie takowych nagrodze.

2- Jezeli cala twoja aktywnosc na tym forum ogranicza sie do tematow bounty campaigns i micro earnings - to tak, prawdopodobnie zostaniesz juniorem na zawsze. Po to wlasnie wprowadzono ten system.

OK. Podaj kilka przykladow konstruktywnych/pomocnych postow aktywnych uzytkownikow z zerowym balansem merit.

That's a false dilemma.

Bitcoin is (or was supposed to be) a currency, while PayPal is a 3rd party payment processing company.

There's nothing stopping any 3rd party to process Bitcoin payments off-chain, even PayPal could do it. In fact, back in 2015 PayPal allowed merchants to accept Bitcoin payments via Braintree, but they no longer support this.

Hi. Can I reserve a spot? My current campaign ends on Sun, so I'd start from Mon (will update sig/avatar/post count on then) and I'm happy if the period from Mon 5th - Thu 15th is counted as one week for me.

Username: pawel7777
Profile Link: https://bitcointalk.org/index.php?action=profile;u=183781
Rank: Legendary
Current post count: 4209 4215
BTC address: 12cp7Qurdref35gPVmLLSnvsAZxBQwcSUW
ETH address: 0xe7300142f3eea2b181c6997421435a6ee12a07d0

Let me know if accepted.

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Edit: Updated signature/avatar/personal text + new current post count

@Wapinter - since Legolas reached its goal for public sale, would you allow participants (who made 15 qualifying posts for this week) to drop/change their signatures earlier?

Agree, that possibility crossed my mind when I was writing my comment, that's why I added "immediate family". It doesn't have to be your spouse, it could be anyone who you find trusted i.e. sibling, parent, children (if old enough), or just good friend of yours.

They do have a claim. They do have a right to your crypto-wallet content and they do have (or should've) the right to access your verified exchange account upon proving they have legal right to do so, just like they get the right to access your bank account.

The tricky part is when they don't know what is bitcoin wallet, or that piece of paper with strange code on it you told them not to touch, or when you secured your wallet with password known only to yourself.

Well, if you trust your spouse/immediate family - you could just share all the passphrases, ask them to keep copies of recovery files, show them how BTC works etc.
You could also prepare encrypted flash drive with all the sensitive data and ask your close relative to store the password securely. For extra security, you could keep such drive in a bank safe deposit box (small ones cost around £100 in the UK).

And why would you consider such coins to be "lost forever"?? In most cases those would be recoverable, especially when your close ones knew you held cryptos, so they think twice before throwing away any paper wallets, flash drives or devices.

I wouldn't expect Lunar New Year to have that noticeable impact on the price, but that would somewhat explain why BTC prices in Korea and Japan (usually the highest) dropped below the 'western' prices. I believe those 2 countries also celebrate Lunar New Year, someone correct me if I'm wrong.

And there's also the Tether/Bitfinex crisis, US Commodities and Futures Trading Commission issued subpoenas to them on 6 Dec, but news surfaced ~2 days ago.

The key word here is "native". That technically excludes i.e. those Europeans that speak/write perfect English, as it's not their "native" language (in most cases).

It's your topic and your sMerits, so you're free to discriminate whoever you want, but if didn't intend to discriminate, maybe replace "native" with "fluent" or "proper"?

What about changing user profile merit page so it shows total of merit sent/received + number of users transacted with, i.e.:


Merit sent:         123 from 74 different users
Merit received:   115 from 92 different users

And, in addition, the "history" button that directs to the page with all the details of merit transactions (what is now the current Merit page).

Rationale:

You can calculate the total numbers right now, but it's going to be progressively harder as the time goes by.

Total numbers are simple and useful tool when you want to use merit score as a rough guide of user's constructiveness and contribution to the forum (i.e. for signature campaigns applicants).

Such numbers also help to quickly compare users based on points actually earned (adjusting for their initial distribution merit score).

Number of users transacted with also helps in detection of "anomalies" (aka trading points), i.e. 250 received merits but only from 4 users could suggest abuse or misuse of the system.

Thoughts?

ps. Idea is so simple, I wouldn't be surprised if someone suggested this before, but haven't seen it yet, so sharing.

Legolas campaign is now escrowed by Lauda:


$2k is probably not quite sufficient, as last payment was closer to $3k, but think it's enough to get them marked with "Y" in escrow column.

I see tons of low-rank accounts projecting their attitude onto others. They'd automatically assume higher-ranks will trade merits or exchange only with alts or friends - because that's what they would do.

Poorly designed bot I guess. I went through few of its latest posts, it's all the same.

Reported to mods

In many ways bitcoins are more attractive to the robbers than physical valuables. It's easier to convert to fiat than art/jewellery/electronic equipment/cars etc, easier to launder, and most of all - you're not in possession of stolen goods (unless you're stupid and force victim to send btc to the wallet installed on your phone etc).

Probably cash would be still the preferred target, as you don't need to convert it, but having huge stash of cash is always suspicious and can be a crucial proof against you.


I don't expect them to register on Coinbase and just transfer btc from the address the victim was forced to send to. If they now what they're doing, they'll put coins through the mixer and cash out slowly in a non suspicious manner.
We've seen many spectacular bitcoin hacks over the years, in most cases hackers don't get caught.

They did pay for the first week with ~3 days delay. Both, manager and Legolas team apologised for that.
The BTC/USD rate they used wasn't the rate from the time the payment was made, but looked more like an average for the period. They haven't specified which rate will be used, so I don't have an issue with that (as long as it's not out-of-the-ass rate used just to screw participants).


I believe everyone who made 15 qualifying post up to and including Sun 21-st got paid (I could be wrong though). If you claim that majority didn't get paid - post proofs (names, opening-closing post counts).

Note: There was some confusion regarding period start-end date. The posting periods haven't changed and are Mon-Sun, manager extended payment date to Thu, which some thought (myself included) that posting period also got extended.

Because of the confusion, those who haven't made 15 qualifying posts till Sun 21st, but done so by Thu 25th, got an option to make additional 15 posts in the period from Fri 26th to Sun 28th and get paid for 2 weeks on the next pay-day which is Thu 1st Feb.

@OP - unless you can prove that participants (other than those "few") who made 15 posts (and haven't dropped their signatures in favour of other campaigns) by Sun 21st haven't received their payments - you don't have a case here.

Wouldn't electricity price form an equilibrium eventually?

If mining doesn't cause shortage, and supply meets the demand - then there's no problem (other than environmental one).

But when mining competes with other goods/services for scarce electricity, then electricity cost goes up and reduces the assumed 1TW mining break-even point.

On top of that, producers of useful goods/services will have it easier to pass the costs of electricity onto customers, as people will always choose food over bitcoin. What's more, overall increase in living expenses (due to higher electricity cost) will reflect on lower demand for bitcoins (again, bread>BTC), which would reduce the original 1TW equilibrium point even further.

So in short, goods/services that are indispensable/highly needed will have an inherent advantage over Bitcoin and therefore there's no risk of btc-mining draining all the global energy.

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Edit: To clarify, I don't think your doomsday scenario is a real threat, but that doesn't mean problem doesn't exist. If mining is ever to cause a noticeable energy price increase, then I say it's a huge problem and something should be done about it.
Shame we no longer seem to have any discussion about PoW Vs. PoS and alike on this forum. It's almost like post blocksize drama there's no room for out of-the-box ideas.

They have the same level of protection as any other members of the public.


Not really. Mining uses shitload of energy but not enough to cause shortage. Electricity prices in UK (and most likely in other European countries) are holding steady since 2009. Small increases are due to inflation and rising network costs, while the 'wholesale price' of electricity are actually dropping.


Fair enough. There's a lot of cult-like behaviour here, but yet, the most constructive and harsh criticism of btc/crypto (pointing vulnerabilities, flaws, potential attack vectors etc) is coming from the community itself rather than from the outside.


I won't even pretend that I understand what you wrote here. It smells like a product of "bullshit generator". I hope I'm not replying to a bot.

You guys weren't supposed to receive any payment, unless you made 15 qualifying posts by the end of Sunday 21st, not Thu 25th.
If you made 15 posts up to Thu 25th - your payment is due on Thu 1st Feb.

Additionally, if you completed another 15 posts from Fri 26th to Sun 28th - you'll get double payment.

If you dropped your signature without proper evidence of you wearing it at the period cut off date - I don't know. There's a chance you won't get paid at all.