Seeing as how the price of a bitcoin has dropped dramatically, would you increase the amount you are giving for videos (and everything else), even if the increase temporary?
I think the way he (psy) does it is he buys a batch of bitcoins at one price and hands them out until they're all gone, then buys another batch at the new price and adjusts the reward appropriately, so provided the price stays low, I would think that the rewards will go back up.
Back when the site started bitcoins were about $40 I think and you could get something like 30000 satoshis per video. Bring back those days please!!!!
That would make sense, and explain why the amount for videos used to be 2500 when prices were ridiculously high. On a similar topic, how does this website manage to stay afloat?
Yes, alibaba teapot is correct.
And that's how we manage to stay afloat.
I don't know the dollar value, but when the site started the price was around €19 and the rewards were 40,000 Satoshis, because they were being doubled as a promotion. The real value of the reward for €19/BTC was 20,000 Satoshis.
