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Author Topic: Why is campaign rates dipping?  (Read 215 times)
Mpamaegbu
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February 14, 2018, 09:48:05 AM
 #1

Honestly, I don't understand why campaigns keep dropping pay rates while the price of Bitcoin is abysmally dipping. I don't get this because it used to be the excuse given in the past by campaign managers for pay cut when the price of btc rose out of control. What is going on now?

I hope no one takes this post personal and begins to reel out the creed, "We don't post to get paid" stuff like doctors do on their oath. I don't want hypocrites responding here because those who will sound holier than thou will be the first to switch campaigns if a higher paying one comes up.

All I seek is an explanation, if anyone cares.

NB: I asked this question yesterday on a service thread without response. I hope someone with experience responds here.


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February 15, 2018, 01:12:23 PM
 #2

Honestly, I don't understand why campaigns keep dropping pay rates while the price of Bitcoin is abysmally dipping. I don't get this because it used to be the excuse given in the past by campaign managers for pay cut when the price of btc rose out of control. What is going on now?

I hope no one takes this post personal and begins to reel out the creed, "We don't post to get paid" stuff like doctors do on their oath. I don't want hypocrites responding here because those who will sound holier than thou will be the first to switch campaigns if a higher paying one comes up.

All I seek is an explanation, if anyone cares.

NB: I asked this question yesterday on a service thread without response. I hope someone with experience responds here.

Basically campaign managers are aware that the dip was just temporary and with btc again closing in on 10k, it wouldn't be that easy for some new campaigns to have a high rate. I'm seeing campaigns now paying in dollar rates to make payments a bit more stable, thus keeping it more managable than having the rates changing every now and then with btc's volatility.

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February 15, 2018, 01:43:08 PM
 #3

Basically it is all about the understanding of how the investment works. You have to remember that they are investing from fiat to crypto and gets their profit back to fiat as well. Then basically you have to convert your investment rates as by means that if the btc price keeps pumping you have to lower your rates as well to prevent bankruptcy

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kevoh
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February 15, 2018, 02:03:21 PM
 #4

That's because many members are willing to accept terrible pay. They do not bother reading the rules of a campaign before applying, as long as its paying any amount they sign up. An example is Yahoo's current advert for his campaign management services with laid out rules of those with certain number of merits to apply. About 5 pages gone and unqualified members are still applying despite the rules and Yahoo mentioning that they are unqualified. Even members with Legendary status that you would expect to comply are making same error.

Secondly, I do not agree with the dip in BTC affecting the rate for a new campaign except an ongoing campaign that might have to adjust to make up.
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February 15, 2018, 02:33:37 PM
 #5

We have to understand that token sales have evolved ever since the featured on the forum and if you have noticed we now have few campaigns paying with bitcoin because the project tends to spend more on its marketing thats why some that have hang around are paying in both btc and ICO tokens to attract users to help promote its product, otherwise it makes sense for a project to pay in its native currency than payout in btc.


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February 15, 2018, 04:36:26 PM
 #6

Honestly, I don't understand why campaigns keep dropping pay rates while the price of Bitcoin is abysmally dipping. I don't get this because it used to be the excuse given in the past by campaign managers for pay cut when the price of btc rose out of control. What is going on now?

I hope no one takes this post personal and begins to reel out the creed, "We don't post to get paid" stuff like doctors do on their oath. I don't want hypocrites responding here because those who will sound holier than thou will be the first to switch campaigns if a higher paying one comes up.

All I seek is an explanation, if anyone cares.

NB: I asked this question yesterday on a service thread without response. I hope someone with experience responds here.

Basically campaign managers are aware that the dip was just temporary and with btc again closing in on 10k, it wouldn't be that easy for some new campaigns to have a high rate. I'm seeing campaigns now paying in dollar rates to make payments a bit more stable, thus keeping it more managable than having the rates changing every now and then with btc's volatility.
I'm assuming the same thing that most manager do have that kind of mentality where they do think that price of bitcoin would easily recover again which would making btc rates would really stay low since they do have those assumptions.I agree that most of them are adjusting and do basing already on dollar value which means no matter how bitcoins price would tend to rise up it doesn't really matter since they can base anytime on fiat value.

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February 15, 2018, 04:51:34 PM
 #7

Honestly, I don't understand why campaigns keep dropping pay rates while the price of Bitcoin is abysmally dipping. I don't get this because it used to be the excuse given in the past by campaign managers for pay cut when the price of btc rose out of control. What is going on now?

I hope no one takes this post personal and begins to reel out the creed, "We don't post to get paid" stuff like doctors do on their oath. I don't want hypocrites responding here because those who will sound holier than thou will be the first to switch campaigns if a higher paying one comes up.

All I seek is an explanation, if anyone cares.

NB: I asked this question yesterday on a service thread without response. I hope someone with experience responds here.
To be honest,now a days there are lot of projects only prefers bounty campaign which pays the participants in tokens because of its price increase in bitcoin which shows that those projects even don't have enough funds to advertise about their project.But now the price decreased almost half from the december 2017 but still the managers using the same pay rates which was at the back end of 2017.Maybe in the upcoming campaigns the rates may change,so we can't do nothing about the pay rates if you think the rate is too low then better wait for the high paying signature campaign.

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akamit
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February 15, 2018, 05:49:40 PM
 #8

Actually, it all depends on the campaign managers regarding the rate they will offer by increasing/decreasing time to time.

But I agree that the current rates are low. Campaign managers reduced the rates in btc peak in December afair.
From January till now, campaign managers didn't increase the rates when the btc price is in dip now.

I don't remember which managers, but some managers told at that time that they will revise the rates time to time.

And now the btc price reached 10k, so the rates will remain same in my opinion.
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February 15, 2018, 11:49:15 PM
 #9

I'm assuming the same thing that most manager do have that kind of mentality where they do think that price of bitcoin would easily recover again which would making btc rates would really stay low since they do have those assumptions.I agree that most of them are adjusting and do basing already on dollar value which means no matter how bitcoins price would tend to rise up it doesn't really matter since they can base anytime on fiat value.
This and the campaign they handle could be a long one so they won't have to change the pay rates. There's always a reason behind to it maybe they have a low budget and want to advertise for a couple of months. It's an effective way to advertise because paying higher would just end the campaign faster and not everyone have the same post quality.

We should just be thankful that there's still campaign that pays a decent amount because afaik the pay rates 2 years ago are lower than this.

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February 16, 2018, 12:45:04 AM
 #10

We should just be thankful that there's still campaign that pays a decent amount because afaik the pay rates 2 years ago are lower than this.

If we're talking in fiat terms it's much, MUCH higher now than it was back then with the best campaigns. I was with the Coinsbank campaign for a long time and I could manage  0.1 BTC a week sometimes. At the time that was $25 and I was pretty pleased with it. Now even a lowly not even full member on a campaign like 777coin makes more than that.

People are spoilt now, even the noobs.

I know it's less Bitcoin, but the business operators are laying out on today's costs.  

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February 17, 2018, 07:09:00 AM
Merited by buwaytress (1)
 #11

That's because many members are willing to accept terrible pay. They do not bother reading the rules of a campaign before applying, as long as its paying any amount they sign up. An example is Yahoo's current advert for his campaign management services with laid out rules of those with certain number of merits to apply. About 5 pages gone and unqualified members are still applying despite the rules and Yahoo mentioning that they are unqualified. Even members with Legendary status that you would expect to comply are making same error.

Secondly, I do not agree with the dip in BTC affecting the rate for a new campaign except an ongoing campaign that might have to adjust to make up.

Well the forum has swelled a lot because of campaign signatures and now that it has somewhat dried up, many members are willing to accept low pay just to get and earn bitcoins here. I also think that campaign managers now really know that the value of bitcoin can increase anytime that's why the price was not adjusted. And most long running campaigns has adjusted and pegged their pays to fiat now. So as you can see today, bitcoin is rallying so if campaign managers adjusted their pay during the January and early February dip, then they have to re construct their pay structure once more because of the price increase today.

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February 17, 2018, 10:47:52 AM
Merited by TryNinja (1)
 #12

That's because many members are willing to accept terrible pay. They do not bother reading the rules of a campaign before applying, as long as its paying any amount they sign up. An example is Yahoo's current advert for his campaign management services with laid out rules of those with certain number of merits to apply. About 5 pages gone and unqualified members are still applying despite the rules and Yahoo mentioning that they are unqualified. Even members with Legendary status that you would expect to comply are making same error.

Secondly, I do not agree with the dip in BTC affecting the rate for a new campaign except an ongoing campaign that might have to adjust to make up.

Yeah, I don't think the price of BTC is really affecting many campaigns, at least not the short term ones. These often already set aside the coins needed to fund the campaign so the Bitcoin amount is already known, already fixed. It's certainly affected some long-term ones, who decide on campaign durations at an ongoing evaluation of income.

Oh and yeah. Bounties just seem to attract some of the very worst. I actually believe it's a much smaller group of people than we think, just applying with all their multi accounts.

Well the forum has swelled a lot because of campaign signatures and now that it has somewhat dried up, many members are willing to accept low pay just to get and earn bitcoins here. I also think that campaign managers now really know that the value of bitcoin can increase anytime that's why the price was not adjusted. And most long running campaigns has adjusted and pegged their pays to fiat now. So as you can see today, bitcoin is rallying so if campaign managers adjusted their pay during the January and early February dip, then they have to re construct their pay structure once more because of the price increase today.

Like any economy, there's demand and there's supply, like you said. Members are willing to continue working for "low pay" as this forum is still one of the best places to legitimately earn bitcoin for low-entry barrier work.

Fluctuating earnings probably make it harder for people who rely on bounties as a source of income, but then, bounties aren't meant to work like that. I get OPs response about people here though. A lot of us sit on high horses, but only because we have the privilege of doing so.

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February 17, 2018, 12:15:24 PM
 #13

Well the forum has swelled a lot because of campaign signatures and now that it has somewhat dried up, many members are willing to accept low pay just to get and earn bitcoins here.

There's a lot of good points here already that are true but IMO the main driver is simply the laws of supply and demand. If campaigns offer low rates but they are still full and have many suitable applicants every time there's an open slot then they'll not raise rates. There's a big difference in rates based on how stringent the selection requirement is, which is all about supply and demand as well. It is going to be interesting to see what if any effect the merit system has on the supply side of the equation.

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February 17, 2018, 12:26:21 PM
 #14

The prices decreasing due to the price of bitcoins go higher and you will be lucky if your campaign select to decrease the BTC rate since possibly you can still earn the profit what you get for the past months. But it will be unfortunate for you if your campaign decide to use the $ based weekly rate since their will be no chances for you to gain if bitcoins pump since the compensation will became steady whatever the price goes.

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February 17, 2018, 01:46:30 PM
 #15

The campaign rate are paid in Bitcoin but the price of the bitcoin keeps on increasing.

Because of this the campaign pays less bitcoin but in dollar it is the same amount.



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February 18, 2018, 03:45:26 AM
 #16

Honestly all campaign participants was over paid in the past 2 months when the valye of bitcoin is too high all campaign paying huge value of bitcoin. That is why i think it was ok to reduce their pay rate and run a campaign more than a month and dont like to see that campaigns paying huge rate but it runs for 1 to 2 weeks that would not advertise well.
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February 18, 2018, 07:36:16 PM
 #17

The campaign rate are paid in Bitcoin but the price of the bitcoin keeps on increasing.

Because of this the campaign pays less bitcoin but in dollar it is the same amount.
As the price of bitcoin increased, each and every signature campaign lowered the pay. Later none has increased the pay when the price fell low. Now campaigns have paying bitcoin calculating in terms of dollar. Also the active campaigns too have decreased a lot in number.


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February 18, 2018, 07:52:16 PM
 #18

Even, if pay rates are dipping. Posts are well paid. Where else do you get those high payments like on BTC signature campaigns? I shouldn't, but am always comparing with fiats and although I am good paid as professional author in my native language, the payments here are still very attractive in my opinion.

   

 
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February 18, 2018, 08:21:48 PM
 #19

As the price of bitcoin increased, each and every signature campaign lowered the pay. Later none has increased the pay when the price fell low. Now campaigns have paying bitcoin calculating in terms of dollar. Also the active campaigns too have decreased a lot in number.

my campaign raised its rates at least recently after the peak.

calculating in dollars makes sense but it's a difficult one to stay on top of. my previous campaign was fixed to 25c per post. that was pretty good when the price was sub $1000. once it started its run it became one of the worst paying campaigns and i chose another.
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February 18, 2018, 08:28:15 PM
 #20

Bitcoin now is really high so that's why the rates really going down actually if this situation continue like some person here create multiple account in forum i think they will kill this forum because they create a fake user so they only got pay for nothing and the rate go really down until it gone,Merit now is good for me but still there's no assurance here when they run a campaign.

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