Signature campaigns and bitcoin price

[Wapinter]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

[instacalm]

will campaign continue to run as current payouts which would be in thousands dollar per member

Well... what do you guess?

[Piltover]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

The reward will go down again. The same thing was done by Bit-X when the price of bitcoin went over 350.
When the price go over 500 dollar i think the reward will be adjusted.

[LTU_btc]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

Firstly, how do you imagine that if bitcoin price reach $10000 signature campaigns could keep current payrates. Do you think they are idiots and they want to bankrupt. If bitcoin price will rise, they will simply adjust campaign payment rates to current price.

[Cryptopher]

Rates will be adjusted to be lower, but competitive with other deals. Miss the 2013/2014 rush on here

[MingLee]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

Firstly, how do you imagine that if bitcoin price reach $10000 signature campaigns could keep current payrates. Do you think they are idiots and they want to bankrupt. If bitcoin price will rise, they will simply adjust campaign payment rates to current price.

Exactly, there is no way in hell that campaigns will keep paying the amount they do now. They will adjust their rates so they have the same monetary value. If they cannot adjust their rates fast enough to keep up with the rate at which Bitcoin increases in value, they will shift to a monetary value policy until it stops increasing so rapidly.

Now, to be fair, they could hypothetically keep the rate the same with Bitcoin they had before the increases, but once that fund runs out, they would have to decrease the rates, and chances are they'd avoid doing that and aim for maximum advertising revenue while spending the least amount.

[mixan]

There won't be anymore signature campaigns. The owners will be basking in the sun on a beach somewhere living off the bitcoin that they made from the campaigns in the first place  .

[thend1949]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

I think they adjust they rate if that happens, but if they do that many bitcointalk user i think they will not want that happen because like me this is the easiest way to earn bitcoin by just posting but they adjust they rate..

[Barbut]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

Signature campaigns are advertising. That`s it! This forum is full with people that use BTC and where is currently best place to advertise any bitcoin service then here?

I see signature campaigns come and go, some are here for very long time. I believe they will be here until they find some better place to advertise their service, even then I don`t think they will abandon this place. Bitcointalk forum is growing, so this is no.1 place for bitcoin users and I believe it will stay like that.

[richjohn]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

I think they adjust they rate if that happens, but if they do that many bitcointalk user i think they will not want that happen because like me this is the easiest way to earn bitcoin by just posting but they adjust they rate..

That's right. they will only lower the payment like 1 satoshi per post of the price of the bitcoin will increase that way. it will not possible that the sign campaigns will gone because it is where they earning money too.

[LarryHocks]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

The reward will go down again. The same thing was done by Bit-X when the price of bitcoin went over 350.
When the price go over 500 dollar i think the reward will be adjusted.

I also think this will happen if the bitcoin rises, although I of course do not hope this will happen but the chance is big that this will happen.
The campaign payout will be adjusted for sure, they are just waiting on the right moment.

[bit101]

10 000 dollars per bitcoin would mean more money  for us... as rates would be any thing from 5-50 dollars per post

[The Arcitect]

10 000 dollars per bitcoin would mean more money  for us... as rates would be any thing from 5-50 dollars per post

Untrue. You think those companies would have that much held in escrow for campaigners? You are not going to see such money pulled out of these companies hands for simple ascii advertising. They would move onto television media or google ads.

[Quartx]

Unfortunately signature rewards are somewhat tied to the fiat value of BTC so if it rises to that amount, it would probably be too little.  Than again the now miners fee would probably be a dollar by than

[dothebeats]

Signature campaigns would probably be re-scaled in accordance with bitcoin's price. Or, signature campaigns might vanish from bitcointalk since service owners won't need to advertise for their service because bitcoin now has gained popularity among the general masses and the whole world. Potential customers themselves would seek for these services and little advertisement is needed for that to happen (sans signature campaigns, probably.)

[ImnotOctopus]

For now its impossible to reach $10,000 per Bitcoin, but all knows that signature campaigns will sureky adjust to bitcoins current price.
Like now yobit knows price of bitcoin slowly pumping so they remove the campaign at jr members.

[Wapinter]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

Firstly, how do you imagine that if bitcoin price reach $10000 signature campaigns could keep current payrates. Do you think they are idiots and they want to bankrupt. If bitcoin price will rise, they will simply adjust campaign payment rates to current price.

I didn't say they will continue paying current rates.

There won't be anymore signature campaigns. The owners will be basking in the sun on a beach somewhere living off the bitcoin that they made from the campaigns in the first place  .

No.I think if bitcoin price reach $10,000, there would be more signature campaigns because more people will join bitcoin community and all bitcoin related business will flourish

[Yakamoto]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

Firstly, how do you imagine that if bitcoin price reach $10000 signature campaigns could keep current payrates. Do you think they are idiots and they want to bankrupt. If bitcoin price will rise, they will simply adjust campaign payment rates to current price.

I didn't say they will continue paying current rates.

There won't be anymore signature campaigns. The owners will be basking in the sun on a beach somewhere living off the bitcoin that they made from the campaigns in the first place  .

No.I think if bitcoin price reach $10,000, there would be more signature campaigns because more people will join bitcoin community and all bitcoin related business will flourish

I'm going to focus on both of your #2 points, as for the first person you responded to, there's always more money to be had and more people looking to make that money. They'll be off on a beach, but they won't abandon their companies. They'll most likely ramp up their advertising, leading me to your point, I don't think there will necessarily be more signature campaigns, because, if my hypothesis is correct, the big players will ramp up the size of their campaigns and try to drown the competitors out. There will be more campaigns, but we might not see all of them due to volume.

[MingLee]

For now its impossible to reach $10,000 per Bitcoin, but all knows that signature campaigns will sureky adjust to bitcoins current price.
Like now yobit knows price of bitcoin slowly pumping so they remove the campaign at jr members.

I don't think they removed Jr. members because of the value going up, I think they were removed because there were accounts being spammed out and there was very little effort being put in by the Jr. Members of the campaign.

I can very easily be biased with this statement, but realistically it sounds likely.

[ralle14]

I was wondering what will happen to bitcointalk forum's signature campaigns if bitcoin price reach very high say $10,000 per bitcoin? will campaign continue to run as current payouts which would be in thousands dollar per member or will all campaigns suddenly come to halt because nobody would want to spend their coins

It will be re adjusted if the price go high up to even $1000 i see some signature campaigns have already done this scenario during december 2015 when price shifted from $230-$350 secondstrade, bit-x reduced their payrates in btc while magical dice  shifted their pay rates to fiat so itll be evenly balanced.