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Author Topic: Merit & new rank requirements  (Read 137935 times)
coinlocket$
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April 15, 2018, 01:58:14 PM
Merited by AGD (1)
 #4121

Merit is slowly dying, this is only the second week of the month, this means the Merit sources already have the charge from last month sMerit sent. This is the negative record since my reports here, we need more sMerit sources or more sMerit for the currents sources. 30% is very huge in 1 month Embarrassed next 2 weeks will probably even worse (merit decreasing in the end of month).





What do you think about it?  Embarrassed

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TheQuin
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April 15, 2018, 02:03:43 PM
Merited by QuestionAuthority (5)
 #4122

Merit is slowly dying, this is only the second week of the month, this means the Merit sources already have the charge from last month sMerit sent.

That's not how it works. Merit sources get refreshed 30 days after they spend a source merit.

What do you think about it?  Embarrassed

I think the forum is slowly becoming a little better. There's a reduction in active accounts. Vod's site, unfortunately, got hacked but the number of active users according to his definition has reduced from 950k to 850k. So it is working on keeping the account farmers away at least.

There probably needs to be quite a few more merit sources as I think there's too much work being done by too few people in that area.

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coinlocket$
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April 15, 2018, 02:11:26 PM
 #4123

Merit is slowly dying, this is only the second week of the month, this means the Merit sources already have the charge from last month sMerit sent.

That's not how it works. Merit sources get refreshed 30 days after they spend a source merit.

Yes I know it. This is what I mean, if you look the graph:
04/03/2018   10/03/2018      8468 1st week of March
11/03/2018   17/03/2018      7278 2nd week of March
18/03/2018   24/03/2018      7378 3rd week of March
25/03/2018   31/03/2018      5883 4th week of March

01/04/2018   07/04/2018      7525 1st week of April
08/04/2018   14/04/2018      5778 2nd week of April

As we can see (3 days delay) the merit is lower every weeks on this month, and if this is the trend, next month will be worse.
I think to contrast this we need to increase the merit sources or to increase the merit for the current sources.
I agree on the quality of the forum, but I think we need a little adjusment on overall merit to counteract this process or in few months we can have only 2k merit/week (my personal idea, form less activity from sources, natual decreasing of merit from users even ban for accounts)

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April 15, 2018, 02:17:50 PM
 #4124

Yes I know it. This is what I mean, if you look the graph:
04/03/2018   10/03/2018      8468 1st week of March
11/03/2018   17/03/2018      7278 2nd week of March
18/03/2018   24/03/2018      7378 3rd week of March
25/03/2018   31/03/2018      5883 4thd week of March

01/04/2018   07/04/2018      7525 1st week of March
08/04/2018   14/04/2018      5778 2nd week of March

As we can see (3 days delay) the merit is lower every weeks on this month, and if this is the trend, next month will be worse.
I think to contrast this we need to increase the merit sources or to increase the merit for the current sources.
I agree on the quality of the forum, but I think we need a little adjusment on overall merit to counteract this process or in few months we can have only 2k merit/week (my personal idea)

I guess that must mean that the merit sources overdid it when the system was first introduced and gave too much out at the start and then cut back later in the month. Now this gets replicated each month as they get replenished. I would think that effect should even out given enough time.

As I just suggested I think some of the sources have a hard time finding enough posts to merit so adding more sources would be my preferred solution. A lot of them are busy with other things and can't be on the forum full time so it would be better to share the workload out.

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April 15, 2018, 02:43:46 PM
 #4125

Merit is slowly dying, this is only the second week of the month, this means the Merit sources already have the charge from last month sMerit sent. This is the negative record since my reports here, we need more sMerit sources or more sMerit for the currents sources. 30% is very huge in 1 month Embarrassed next 2 weeks will probably even worse (merit decreasing in the end of month).
<...>
What do you think about it?  Embarrassed


I haven't has time to update my stats yet (maybe to early for that too), but I trust yours.

I believe that there is a hell of a lot of sMerit still accumulated in our sMerit bags. I calculated around 90%. Many members make it a point not only to post, but also to award merit often, as can be seen by their profile Merit history. Those are sound examples of a good use of the concept in terms of good usage of sMerit. However, the mass of people that do not play the awarding game seem much larger.

It’s true that it is not easy to always find posts to merit. I for example took aside yesterday a couple of hours with that sole objective in mind, focusing on awarding sMerit and not posting. I managed to award 4 measly sMerits to 4 different posts. No much of a feat, but I tried to focus on awarding it without a mental rank barrier (even so, I only managed to get to 1 Jr Member).

It´s not down to creating more merit sources per se, but to making an effort to play the game by the book, acting as givers and not only of receivers of sMerit (no second readings please here). Obviously, we should no rush to give away this 90% stash of sMerit, but rather incentive playing the game as awarders.
Many profiles still have the same sMerit as they were airdropped, not having awarded any yet. Since nothing happens if it is not awarded after some time, the system could go on like this in a bearish tendency.

sMerit decay is a potential final step that could be implemented as was stated by theymos if I’m not wrong. The thing is that the overall amount of available forum wide sMerit needs to be supervised so that the system in motion does not defeat the purpose.  
sMerit Decay on it’s own,with no counterpart, would be like token burning and therefore potentially have an effect of increasing sMerit value and lessen circulation even more.

Maybe instead of decay it should be a transfer to other sources. That is to say, create sources to distribute sMerit that is rotting away (or at least hibernating).
These sources would not be sources for merit generated out of the blue as happens now (obviously to counterpart the natural sMerit decay originated by halfing sMerit upon every transaction), but to award out of the pool of “unused” sMerit (“unused could be something like 3 months without use or so).
That obviously would make the system more complicated to implement, but should help a healthy circulation of sMerit.

We know the focus is to benefit over forum wide post content and cut down on spam and farmed accounts, but we have to be careful not to tightening the noose too much.

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April 15, 2018, 05:30:12 PM
 #4126

Merit is slowly dying, this is only the second week of the month, this means the Merit sources already have the charge from last month sMerit sent. This is the negative record since my reports here, we need more sMerit sources or more sMerit for the currents sources. 30% is very huge in 1 month Embarrassed next 2 weeks will probably even worse (merit decreasing in the end of month).
https://puu.sh/A3Dyv/77719c894c.png
https://puu.sh/A3Dze/eeee69e771.png
What do you think about it?  Embarrassed
I don't agree with your stats, first without comparison to the number posts vs given merits in each board this percentage does not show any thing meaningful.
Also when you counting posts should exclude bounties thread as those should not be even counted as worthy posts.

Only then we will have clear picture if merit graph is going up or down.

Again "Merit" like the name suggest is "quality" of course you will find it rare.
It will be declining if the shitposts are increasing... we don't have direct figure if shitposters are increasing.

we need more sMerit sources or more sMerit for the currents sources.
Yes more merit sources will be helpful, without even looking at your graphs. More merit sources with fewer merits per month let say 50 should be enough. It may increase the merit distribution across the board.
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April 15, 2018, 06:35:19 PM
Last edit: April 15, 2018, 10:05:31 PM by coinlocket$
 #4127


Also when you counting posts should exclude bounties thread as those should not be even counted as worthy posts.


Snip.
This can not be a "rule" because, for example, if someone reports someone else on one bounty for a scam and he saves money for the community with a proof, this one in my opinion, deserve a merit reward more than anyone else.

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April 15, 2018, 08:56:50 PM
 #4128

Thanks for the info. I learned a lot to do more efforts to have a valuable posts to get a merits.
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April 16, 2018, 03:49:41 AM
 #4129

Frankly, 95% of the interesting threads and posts come from 5 star members and those are actually the only sources I really-really have confidence in and have learned the most from.

It's honestly the most (and ONLY) frustrating thing to me about this Merit system: as long as I am "only" a Full Member, I think it will be hard to be respected and taken seriously by other members - even those with lower ranks.
You should know that which factors help to build up your respect?
Your knowledge.
Your helpfulness (generosity) to help others.
Your time you spent actively in the forum.

If you are real constructive user, your respect level will automatically increase over time.
It is not fair that newcomers have the same respect levels as of older, higher-ranked members in the forum. Do you really understand what I mean?
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April 16, 2018, 03:54:44 AM
 #4130

It is not fair that newcomers have the same respect levels as of older, higher-ranked members in the forum. Do you really understand what I mean?
Not in the least.  The sentence before the bolded one does not compute at all.  What is it you think you're contributing to this thread?

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April 16, 2018, 04:16:48 AM
 #4131

Yes I know it. This is what I mean, if you look the graph:
04/03/2018   10/03/2018      8468 1st week of March
11/03/2018   17/03/2018      7278 2nd week of March
18/03/2018   24/03/2018      7378 3rd week of March
25/03/2018   31/03/2018      5883 4thd week of March

01/04/2018   07/04/2018      7525 1st week of March
08/04/2018   14/04/2018      5778 2nd week of March

As we can see (3 days delay) the merit is lower every weeks on this month, and if this is the trend, next month will be worse.
I think to contrast this we need to increase the merit sources or to increase the merit for the current sources.
I agree on the quality of the forum, but I think we need a little adjusment on overall merit to counteract this process or in few months we can have only 2k merit/week (my personal idea)

I guess that must mean that the merit sources overdid it when the system was first introduced and gave too much out at the start and then cut back later in the month. Now this gets replicated each month as they get replenished. I would think that effect should even out given enough time.

As I just suggested I think some of the sources have a hard time finding enough posts to merit so adding more sources would be my preferred solution. A lot of them are busy with other things and can't be on the forum full time so it would be better to share the workload out.


Sorry to interrupt and didnt shortened the quote.

If we add all the merit in March, we will get 29.007 sMerits has been given in that month, and if we divide it into 28 sMerits per member (because members need 1 merit/day if they want to continue ranking up in a normal rate, almost same with activity), we get 1.035 members that can rank up properly in this merit age.

I know this number is very small if we compare it to the number of accounts here in the forum, but there are a lot of factors such as :
1. There are not enough merit sources right now (TheQuin stated it)
2. Merit sources are not distibuted evenly for each board.
3. Last, there are not many quality post or thread out there so merit sources didnt give their merit.
The last one is playing big role too in the merit distribution, so the blame is not only on the merit sources' side, it is also depends on the member of this forum.
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April 16, 2018, 08:28:53 AM
 #4132

Even as it is presently, it’s absolutely hard to get merit even with good and genuine posts that i’ve Made severally, I didn’t get a single merit yet. It’s very painful, I must confess but I keep trying.
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April 16, 2018, 08:50:10 AM
 #4133


As I just suggested I think some of the sources have a hard time finding enough posts to merit so adding more sources would be my preferred solution. A lot of them are busy with other things and can't be on the forum full time so it would be better to share the workload out.


This is a bit like the old investment trust scam. A guy started an investment trust on the premise that by investing in investment trusts, investments would be more secure. All it did was to introduce another level of charges, as most investment trusts invest in the same stocks, so you aren't spreading the investment risks.

So how does that relate to merits? There are only a few posts that are merit worthy, by increasing the numberof merit sources, all you will do is to increase the number of merits chasing the same posts. The real solution is to improve the quality of posting,and this is why I have tried to start some English language improvement projects.

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April 16, 2018, 08:54:02 AM
 #4134

Even as it is presently, it’s absolutely hard to get merit even with good and genuine posts that i’ve Made severally, I didn’t get a single merit yet. It’s very painful, I must confess but I keep trying.

I looked at your post history, and I can only see two posts. This means that you must be posting on boards that I am ignoring - these are all of the alts and local boards. If I can't see your posts, then I can't give you any merit. Have you looked at some of the Bitcoin and general boards here, they contain a wealth of information.

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April 16, 2018, 09:33:49 AM
 #4135

Even as it is presently, it’s absolutely hard to get merit even with good and genuine posts that i’ve Made severally, I didn’t get a single merit yet. It’s very painful, I must confess but I keep trying.

I looked at your post history, and I can only see two posts. This means that you must be posting on boards that I am ignoring - these are all of the alts and local boards. If I can't see your posts, then I can't give you any merit. Have you looked at some of the Bitcoin and general boards here, they contain a wealth of information.

I ignore all the local sections, too, but not the alts and, surprise-surprise, of labake's most recent page of posts, 8 are bounty submissions with the rest very similar to  such chosen epistolary gems as:

Quote
It is a great development according to the ideology of the exchange. Absolutely, it is as well a plus to BNB token holders as they would enjoy from the positivity. Kudos to Binance

Quote
There is no any sense in holding after you reached your profit target as a trader or investor. Holding would like greediness and anything can happen while you would regret why not selling while hitting target. You can always rebuy at dip if it’s your favorite market

Quote
This is serious case that is really alarming. I’m not expecting BTC to be banned though. Come to think of it, if BTC is banned, then the whole crypto is being banned base on any regulation. But presently, it won’t even and i’m Not expecting it any time from now. ETH is the next to BTC, if there is any

And my favorite:

Quote
Russia, is the same country I want to make mention of. The government is absolutely in support of blockchain technology in general not the type of country where the government would be spreading FUD around. Go really blessed Russians

Go really blessed Russians?!

@labake - you are the very user the merit system is trying to weed out.
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April 16, 2018, 09:51:14 AM
 #4136

This is a bit like the old investment trust scam. A guy started an investment trust on the premise that by investing in investment trusts, investments would be more secure. All it did was to introduce another level of charges, as most investment trusts invest in the same stocks, so you aren't spreading the investment risks.

You must be looking at the wrong investment trusts. A good investment trust manager spends time meeting the CEOs of companies and thoroughly researching them before investing.

So how does that relate to merits? There are only a few posts that are merit worthy, by increasing the numberof merit sources, all you will do is to increase the number of merits chasing the same posts. The real solution is to improve the quality of posting,and this is why I have tried to start some English language improvement projects.

I see plenty of posts that deserve merit but I don't have enough to give to all of them which means I have to be a bit stingy. There are lots of different areas of interest here and different people get involved in different conversations. By having only 80 Merit sources that puts an onus on them to go looking around for posts to Merit. I think that decentralising it more would be an improvement on where we are now.

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April 16, 2018, 10:14:32 AM
 #4137


You must be looking at the wrong investment trusts. A good investment trust manager spends time meeting the CEOs of companies and thoroughly researching them before investing.


It wasn't the trusts, but the trust of trusts that I mentioned  It was the IOS scam, it made some of the salesmen millionaires. I found this link about it.

https://www.washingtonpost.com/archive/business/1995/06/10/robert-vesco-and-the-end-of-the-run/c87430a8-8b8a-4c06-b12e-7501feb6fa6d/?utm_term=.cb802ebe0a76

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April 16, 2018, 10:16:04 AM
 #4138

Even as it is presently, it’s absolutely hard to get merit even with good and genuine posts that i’ve Made severally, I didn’t get a single merit yet. It’s very painful, I must confess but I keep trying.

Trust me it's not really hard. Well first of all your 80%+ post are in bounties how do you expect merit on those posts?
Did you ever try to explore forum outside of Altcoin Discussion.
Your last 100 posts are in Altcoin and Bounties sections (99 to be specific because this last one you posted in Merit)

Check this Finally! 101 merit and 84 activity! this user bitmover have same activity as you but he have 129 merits now.

Try to follow his suggestions.. he's inspiration to all fellow user
  • The most important: Make good quality posts and WAIT, don't expect merits now!. Good posts are the true merit sources, and they will be forever awarding merits to you!
    After you create a history of good posts you will be receiving merits constantly, few ones each day. If your posts are good, people will read them, even if they are "lost" in page 10.
    This effect is exponential. My first 20 merits were the harder. I produced a lot of good content when I joined the forum, and now I am receiving merits from posts I did not even remember anymore.

@labake - you are the very user the merit system is trying to weed out.
That's a bit harsh!
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April 16, 2018, 10:22:14 AM
 #4139

It wasn't the trusts, but the trust of trusts that I mentioned  It was the IOS scam, it made some of the salesmen millionaires. I found this link about it.

Fair enough, I didn't realise you were referring to a specific case. I've worked in investment banks and known very successful investment trust fund managers that consistently outperformed the market. The main thing I noticed was how they relied on a small team of people they could trust to delegate the majority of the work to. I think that delegation to more merit sources would improve how this system works. It's not that there aren't enough good posts but that there aren't enough people in a position to reward them.

freebitcoin.TO WIN A  LAMBORGHINI!..

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selezneve
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April 16, 2018, 11:40:12 AM
 #4140

Hey what to do if you accendently send someone `too much` merit Grin

Pray to god that you do not get negative trust for this. Even the person who is at the receiving end is at danger.

However, it is still difficult to digest that someone can do this accidentally:

1) Currently, when you send merit to a person, it opens a new window and you are asked about merits to send and then to confirm this. Accidental here means you are doing the same mistake twice.

2) This can still be understood if it is your first time or was done when merit system was implemented. But after so many days, it is hard to believe.
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