Signature campaigns and bitcoin price

[ingenuity]

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 the reward will go down, They will adjust our sig campaign fee,They cant pay us higher than their rates

[DoublerHunter]

For now its impossible to reach $10000 but who knows.
Payment will be adjust a little and posting will decrease in my opinion.

[jerowacik]

I think if that happens, the payment will be based signature campaign to USD. because each implementing signature campaign certainly did not want to lose. it is not uncommon for the greater value of a bitcoin payment rates signature will be calculated by the value of the USD.

[Mumbeeptind1963]

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 the reward will go down, They will adjust our sig campaign fee,They cant pay us higher than their rates

Obviously the reward will go down. We cant do anything just agree on that if that happen. But if that happen we dont loose because the price is $10000 so ithink if they down the reward the price of their reward is the same of the price of the last price they give to others.

[BellaBitBit]

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  .

Yes, it will probably be a quite different world for bitcoin holders financially if it was 10k.  The whole game will change and this will be a memory.

[bL4nkcode]

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

Well that is a very good question but because bitcoin is not stable and if it will hit $1000 for these year(Hoping.. )

And most probably the payment will depends in the value of bitcoin to US dollar for the reward in any campaigns.

So  guess the price will stay near the same to the price for what the price now,

[gentlemand]

Check the campaign threads. Many managers are extremely active in adjusting the payouts to match the market. It might be more sensible for them to price it in cents even if that's the height of defeat.  Make sure you sig away while the prices are still low and enjoy the potential benefits in the years to come. In the future you might be able to tell people that once upon a time you were paid what's now hundreds of dollars a week to post dick jokes on a forum.

[JesusHadAegis]

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

Well that is a very good question but because bitcoin is not stable and if it will hit $1000 for these year(Hoping.. )

And most probably the payment will depends in the value of bitcoin to US dollar for the reward in any campaigns.

So  guess the price will stay near the same to the price for what the price now,

As dollar goes high i think the sig would also increase. And think 10000 usd is a little too high and lets be realistic by that time then government will impose tax on it cause it a high price.

[relq]

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 but the price following the price of bitcoins. I mean, if the price of bitcoin $10.000, the rates for signature campaign will decrease and keep continue.

[zimmah]

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

they are not a charity program, they pay us for advertising, it wouldn't be profitable for them to pay us thousands of dollars for ads.

just store the bitcoin you get now, and maybe in a couple of years you'll have earned a small fortune on posting on these forums while also learning more about bitcoin in the process.

maybe you will even learn enough and/or pick up some ideas you can use to set up your own bitcoin related company or something.

I wasn't an early adopter but i think in the really early days there were faucets and sig campaigns that gave away whole bitcoins. There were even IRCs where they gave away bitcoins by the 100s just for fun. Sad thing i didn't know about bitcoin back than, but keep in mind that bitcoins were not even worth cents back then. So 50 bitcoin was like $0.01 in total.

[zerocharisma]

Go to signature campaigns and you can see that some of them already adjusting their prices or limiting the participants willing to join. This is just another way to adjust while the prices go high instead of closing the campaign. But, maybe if the price would go that high some of them will close.

[Blackmet]

I think they will work with people but money will be smth like 0.001 btc or maybe less i don't know. But a lot of service need promotion and signature capaigns is good so they will work anyway.

[pooya87]

technically speaking some of these signature campaigns should never change their rate (like bitmixer that was the same as long as i remember) because their business only works in bitcoin like a dice site that people play with only bitcoin so their earning doesn't change so their ad funds are the same.

but in reality they will lower their rate by bitcoin price rising. and a couple have stopped advertising already because of this (paused!)

[arwin100]

technically speaking some of these signature campaigns should never change their rate (like bitmixer that was the same as long as i remember) because their business only works in bitcoin like a dice site that people play with only bitcoin so their earning doesn't change so their ad funds are the same.

but in reality they will lower their rate by bitcoin price rising. and a couple have stopped advertising already because of this (paused!)

I beleive that also o think it cannot effect on signature earnings because they will earn big money to if it reach to high price and the campaign. Will go stronger because the site we campaigning is gaining more traffic and money because of sig campaign ads. But maybe some of them are closing because they see their site are not earning well and they well lose money if they continue it without gaining profit for themselves

[mkc]

Simple math, Campaign will pay out about  $3-$5. if Bitcoin worth $10000, then each week a person will get about 0.0003btc, that is for about 10-15 posts, so each post will worth about 0.00003 btc.

This is my estimation.

[nydiacaskey01]

This happened last year when rate of BTC-USD soared to it's highest and I remember this is one of the reason why Coinut signature campaign was discontinued and magicaldice campaign used USD rates. A lot of campaigns at that time restructured their payouts but not those with automatic payments like Bitmixer.

[TipZ]

In my dream btc reach 10.000$. Signature campaign don't adjust and we're all allowed to spam on a dedicated forum making us rich doing nothing else than spamming some bullshit ...

[KennyR]

For now its impossible to reach $10000 but who knows.
Payment will be adjust a little and posting will decrease in my opinion.

If that happens we can see large number of users coming into our forum. I believe no more adjustment in price would happen as old campaigns continue with the same payment even during the days of increased bitcoin price.

[yonique]

I think i will stop btc for a while and enjoy an outside life.

[MTBTT]

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.

yeah of course depends on the rate of bitcoin. if the price rises of course almost all owner signature campaign will reduce their post rate. it was not a problem for us