Theymos, why are you hoarding your sMerit?

[Jet Cash]

Thanks - I probably shouldn't have mentioned the Talk merit thing, I just wondered why the comment was there, but it is obviously outside the scope of your report. I just wondered if that was the cause of the 2, but obviously it isn't.

[1714053490]

1714053490

[1714053490]

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[vit05]

He gives more sMerit in his second account.

@theymos_away https://bitcointalk.org/index.php?action=merit;u=349090

But I still think it would be better if sMerits could only be used in 60 days. If not used, they will go back to a pool and send to random users or merit sources.

[The Cryptovator]

http://dev.martinlawrence.ca/bpip/profile.aspx?p=theymos

Shameless plug I know, but 777 sMerit?  Wow!

Forget about theymos smerit, he is much busy. We can't blame him. Here is thousands people more holding smerit and never want to spend it. For that reason merit system is drying.

This is not a problem with the merit system, this is a problem with the quality of the content and the sockpuppets. For reference: I have around 300 sMerit right now and nobody to give them to, nor do I plan to look through garbage to find someone. I'm still waiting for a destroy merit option.

Honestly want to say, I think you don't have much time to a look who deserve merit. Many quality & useful post here behind of shitpost, some people are spending too. Unfortunately wherever I seen merited post ( English board) some limited people merited there. I don't know they are source or what.  

[krishnaverma]

Asking him to spend his time spending his merits is like asking Mark Zuckerberg to spend his time liking pics of Facebook users.

[xtraelv]

This is not a problem with the merit system, this is a problem with the quality of the content and the sockpuppets. For reference: I have around 300 sMerit right now and nobody to give them to, nor do I plan to look through garbage to find someone. I'm still waiting for a destroy merit option.

Looks like it has the same odds as winning the national lottery as to squeeze a merit out of GrumpyKitty. 

Perhaps having sMerit where you can choose to use it as a +merit or -merit is the answer.

[tranthidung]

He actually has unlimited sMerit.

Theymos, the forum admin, has actually allocated thousands of sMerits to merit sources.
I have also seen Theymos sent his sMerits away to deserved guys who posted constructive threads/ topics.

I am not sure the statistics of @Vod is right or not, but it it is right, Theymos definitely should give his sMerits away more regularly.
Unfortunately, I guess our prestigious admin has been very busy to do this on daily basis.

[CryptopreneurBrainboss]

I think the minimum merits reward should be increased to 10merits per post that way when you merit a post or comment it will add value to the owner.

Just read through the comments and found out some very important and interesting contributions, but notice they where getting just 1-2merits. It's discouraging.

[polikarp]

I am surprised to see some of the comments here.

If I am not wrong, he was the one who coded and introduced this system, so it is immature to doubt his intentions for not being able to spend all his merits.

[martynovro]

What do you assume will he do with hoarded merits ? Do not tell me that he plans to sell them for a living.

If I was at his place, I would been meriting posts with another profile.

[Jet Cash]

I think the minimum merits reward should be increased to 10merits per post that way when you merit a post or comment it will add value to the owner.

I believe thast the reverse is better. The maximum merit to be awarded by one person for a post should be reduced to 5. If the post is any good, then it will receive merits from multiple members.

[DdmrDdmr]

I believe thast the reverse is better. The maximum merit to be awarded by one person for a post should be reduced to 5. If the post is any good, then it will receive merits from multiple members.

Checking through the sMerits awarded per TX, the numbers tend to be of up to 5 sMerits on their own by nature in roughly 95% of the TXs:

Code:

Overall			Current Month
sMeritTX    %	       sMeritTX    %
1	68,79%		1	65,84%
2	14,42%		2	15,58%
3	4,28%		3	4,50%
4	1,83%		4	1,75%
5	5,60%		5	7,44%
				
1..5	94,92%		1..5	95,11%
>5	5,08%		>5	4,89%

As a curiosity, multiples of five are more favoured is terms of awarding than the surrounding numbers (so 5 is much more awarded than 3,4,6,7, 10 much more than 8,9,11,12 and so on). Our mind seems to favour basic numbers (1,2,3,4,5) and easy patters (multiples of five).

[armeniimu]

Our mind seems to favour basic numbers (1,2,3,4,5) and easy patters (multiples of five).

Only when you have some merits to actually give it as thought. I just had my moment now without those though.

[digaran]

Better to hoard them than confusing people, honestly I thought marlboroza is his alt at some point because he sent him 50 merits once, given the human nature I thought he was abusing the merit system.

[Cryptosandy1987]

This is not a problem with the merit system, this is a problem with the quality of the content and the sockpuppets. For reference: I have around 300 sMerit right now and nobody to give them to, nor do I plan to look through garbage to find someone. I'm still waiting for a destroy merit option.

Most of the merits are with the hero member or above and most of the merit source are also hero member or above. They are here from the beginning of the forum and they are very much efficient and knowledgeable in the cryptoconcurrency/cryptotechnology. They are very mature in their writing the post,So their requirement for the merit giving  is very high. They want post like their quality.So it very tough for the newbie and jr.memebr to earn merit. WE cant match the post quality with senior members (hero member or above) .

Criteria for giving merit is different for newbie ,jr.member ,member,sr.member,hero member and legendary member.There should be less expectation from the newbie,jr.member at the time of merit giving.


Another reason is that,most of the newbie and jr.member,member are doing only bounty campaign,due to them most of the senior member(hero member or above ) do not want see the post of newbie and jr.member,member.They ignore all the newbie,jr.member and member due to them.

[darklus123]

I started hoarding my smerit i guess? Aside from the fact that Most of the good contents are from the older members who are already on the hero or legendary ranks. I also doesn't feel like giving it to them since there is no point specially for the legendary users. Theymos might not bother searching for posts to give smerits i guess?

[DdmrDdmr]

<...>
So it very tough for the newbie and jr.memebr to earn merit. WE cant match the post quality with senior members (hero member or above) .
Criteria for giving merit is different for newbie ,jr.member ,member,sr.member,hero member and legendary member.There should be less expectation from the newbie,jr.member at the time of merit giving.

Another reason is that,most of the newbie and jr.member,member are doing only bounty campaign,due to them most of the senior member(hero member or above ) do not want see the post of newbie and jr.member,member.They ignore all the newbie,jr.member and member due to them.

Making a meritable post from lower or mid ranks is feasible as can be seen on the BitcoinTalk Merit Dashboard. I’ve just modified it to show the percentage of sMerit received and sent by ranks:




19,41% of total awarded sMerit has gone to Full Members, 22,24% to Members, 7,64% to Jr. Members and 2,83% to Newbies.
Ok, newbies is very low, but hardly anyone who is a newbie is going to really put too much effort into their posts until they realise the need to do so if they want to rank-up. By the time they become Jr. Members they start to understand they need to post more meaningful content and thus we see a certain degree of sMerit going their way. And yes, being a heavy bounty hunter is very often going to run against their interest if they want to earn Merit. Each one of us is free to choose the path he wishes to follow, but merit and heavy bounty reporting are rather much divergent paths.

As seen above Jr. Member is 3 point below Hero Rank in terms of received sMerit. Fine, the population is greater on the Jr. Rank than the Hero Rank, but merit required by the higher ranks is immense in comparison: A Jr. Member move 10% closer to Member for each sMerit he receives. A Hero moves 0,20% closer to Legendary for each merit he gets. That’s quite a gap there to think about too.

In terms of lowering the expectations for post from the lower ranks, I believe many do, even if a post should be meritable with disregard to the rank. What is true is that new content is not that easy to generate. We often see posts and guides that verse on the exact same topic that has already been treated before. Second and subsequent iterations of the same kind of topics are likely to go unmerited, so a bit of effort must also be made to try to bring something either new or with a different perspective/approach.

[TheBeardedBaby]

Maybe he did listen to Vod after all
Almost 200 in 5 mins

[mazdafunsun]

I started hoarding my smerit i guess? Aside from the fact that Most of the good contents are from the older members who are already on the hero or legendary ranks. I also doesn't feel like giving it to them since there is no point specially for the legendary users. Theymos might not bother searching for posts to give smerits i guess?

Actually I was holding on to my smerits becaouse i wanted to give them to new users for good topics because they would aprreciate them much more than older memebers who already have lots of smerit. But I have not yet had this kind of chance and I started to give them for posts which I appreciate even if the OP already is a Sr or above memeber.

I think in case of Theymos , it would be easier to give bigger chunks to users who contribute to forum and then they could give smerit to other topics since they have time to do so. Theymos certianly does not have time to do it.

[Quickseller]

Maybe he did listen to Vod after all
Almost 200 in 5 mins

They are almost all in the same thread....and the OP made this thread weeks ago...

[TheBeardedBaby]

They are almost all in the same thread....and the OP made this thread weeks ago...

I know, is was supposed to be a bit of a joke but...I'm not a native English speaker so, nevermind...