Get Donator status by donating 10 BTC

[SFR10]

I reckon other memberships might not actually serve any additional purpose for now, since Copper unlocks the Full Member privileges, which are pretty much sufficient for an average member, unless we're talking about no-ads or accessing a premium lounge.

Small correction: It unlocks limits up to a Member ^[ish] rank only.

• Even though you have a point, there could still be other memberships for replicating other ranks by providing different PM, action, and signature limits.

~Snipped~
(no longer remember if they can change names or not).

VIP members have that ability.

[UserU]

Small correction: It unlocks limits up to a Member ^[ish] rank only.

• Even though you have a point, there could still be other memberships for replicating other ranks by providing different PM, action, and signature limits.

~Snipped~
(no longer remember if they can change names or not).

VIP members have that ability.

Thanks for the correction, I'll edit my post now.

[ReindeerOnMe]

Maybe is it time for the price of Donator and VIP ranks to reduce? I know this has been discussed before but then again the price at that time was nowhere close to what it is now.

Please if not that, new rank roles??? Let's discuss!

I think it is fine not to change this at all.

We all know that it is so expensive to be a VIP here but that would be that member's decision and not ours.

If they can afford it, then they are a VIP. I think the VIP members are also thinking that 10 BTC in the past is just expensive as it is now. Spending 10 BTC for the said advantages or privileges is for them to decide.

[hilariousetc]

Maybe is it time for the price of Donator and VIP ranks to reduce? I know this has been discussed before but then again the price at that time was nowhere close to what it is now.

Please if not that, new rank roles??? Let's discuss!

I think it is fine not to change this at all.

We all know that it is so expensive to be a VIP here but that would be that member's decision and not ours.

If they can afford it, then they are a VIP. I think the VIP members are also thinking that 10 BTC in the past is just expensive as it is now. Spending 10 BTC for the said advantages or privileges is for them to decide.

Theymos has said he won't lower the price of those ranks and I think they should be left be as they are, however, I've long been a proponent of adding more titles such as Silver and Gold Memberships that come with the benefits of higher ranks like Full and Hero Member etc. There's multiple benefits to having them in my opinion such as curbing account farming and lessening the market for accounts as people would just buy the title rather than risk buying a dodgy account on the black market. Most people probably struggle to get a high amount of merit these days and the number of people signing up to the forum that will achieve a high rank will probably be very low and will usually only happen to exceptional users so I think paying to skip the queue would be useful in these situations. The higher tier one could maybe allow you to charge your name once as I know that's often something people want. There's plenty of other benefits that could be included as well.

[vapourminer]

Maybe is it time for the price of Donator and VIP ranks to reduce? I know this has been discussed before but then again the price at that time was nowhere close to what it is now.

Please if not that, new rank roles??? Let's discuss!

I think it is fine not to change this at all.

We all know that it is so expensive to be a VIP here but that would be that member's decision and not ours.

If they can afford it, then they are a VIP. I think the VIP members are also thinking that 10 BTC in the past is just expensive as it is now. Spending 10 BTC for the said advantages or privileges is for them to decide.

no. i remember almost donating back in the day (~2012) and fiat wise it was WAY less costly. several thousand dollars USD vs what like 500 grand now

[ReindeerOnMe]

I think it is fine not to change this at all.

We all know that it is so expensive to be a VIP here but that would be that member's decision and not ours.

If they can afford it, then they are a VIP. I think the VIP members are also thinking that 10 BTC in the past is just expensive as it is now. Spending 10 BTC for the said advantages or privileges is for them to decide.

Theymos has said he won't lower the price of those ranks and I think they should left be as they are, however, I've long been a proponent of adding more titles such as Silver and Gold Memberships that come with the benefits of higher ranks like Full and Hero Member etc. There are multiple benefits to having them in my opinion such as curbing account farming and lessening the market for accounts as people would just buy the title rather than risk buying a dodgy account on the black market. Most people probably struggle to get a high amount of merit these days and the number of people signing up to the forum that will achieve a high rank will probably be very low and will usually only happen to exceptional users so I think paying to skip the queue would be useful in these situations. The higher tier one could maybe allow you to charge your name once as I know that's often something people want. There's plenty of other benefits that could be included as well.

I'll agree with the new titles though, but I think I will stay with not changing the price.

I am saying this considering the value of 10 Bitcoins which will be weighed against the privileges here in the forum.

I am not rich but for sure I will go with keeping that 10 Bitcoins. I should not say that 10 Bitcoins should weigh heavier than the privileges here in the forum since I am not that active here but considering the value those multimillionaires could only afford, well I think they are the only ones that could have that titles.

If we will be talking about privileges, why not just have a thread for those people that should have those privileges like the Reputation or the Meta section. If they can't afford it, maybe the members here could talk about it and have those privileges that could help the forum. Obviously, it will not be the same as the privileges of having a Donator Status, just that kind of status that would help the forum. AFAIK, this had been talked about in the Meta section.

no. i remember almost donating back in the day (~2012) and fiat wise it was WAY less costly. several thousand dollars USD vs what like 500 grand now

Wow! I think that is just amazing seeing the price that we have right now and thinking to yourself that this is what you've been waiting for a long time.

I would just like to say, Congratulations!

[fronti]

You're absolutely right but there are a lot of Bitcoin millionaires (mostly early adpoters) who can still donate 10BTC to the forum but it rare though for them to do the donation. Wait a minute, the donation is even enough to participate and pay a maintenance cost in the build a seastead which was once introduced by Theymos.

I do not think that there are a lot of Bitcoin Millionairs.
I would bet that there are less than 5 if any other than Satoshi (and even his amount of bitcoin are not sure that these expected 1 million belongs to him)
Not counting an exchange as these funds are only in custody to their customers (but sure not your keys, not your coins)

[OgNasty]

You're absolutely right but there are a lot of Bitcoin millionaires (mostly early adpoters) who can still donate 10BTC to the forum but it rare though for them to do the donation. Wait a minute, the donation is even enough to participate and pay a maintenance cost in the build a seastead which was once introduced by Theymos.

I do not think that there are a lot of Bitcoin Millionairs.
I would bet that there are less than 5 if any other than Satoshi (and even his amount of bitcoin are not sure that these expected 1 million belongs to him)
Not counting an exchange as these funds are only in custody to their customers (but sure not your keys, not your coins)

They are talking about millions worth of BTC in USD not millions of bitcoins.  There are quite a bit more than 5 out there.  According to this article there are more than 93 thousand out there holding more than a million dollars worth of BTC.  It wouldn't be surprising if many of these folks were members here at one point and maybe there's even a few lurking around or participating here and there.

[TheQuin]

They are talking about millions worth of BTC in USD not millions of bitcoins.  There are quite a bit more than 5 out there.  According to this article there are more than 93 thousand out there holding more than a million dollars worth of BTC.  It wouldn't be surprising if many of these folks were members here at one point and maybe there's even a few lurking around or participating here and there.

Just one problem with that article, it confuses Bitcoin addresses with "accounts". So people with more than 1 address with over 1m USD value are being counted too many times, eg. Satoshi is being assumed to be approximately 25,000 people.

I do agree with your basic point that Bitcoin has made many people millionaires but it's likely to be somewhere far higher tan 5 and far lower than 93,000 (so far).

[pugman]

While I somewhat agree that the amount should be reduced, at the same time, there's gonna be a lot of resistance from the seniors here claiming that it's not about gaining the title, but rather preserving the novelty (back then when BTC was somewhat more affordable).

I reckon other memberships might not actually serve any additional purpose for now, since Copper unlocks the Full Member privileges, which are pretty much sufficient for an average member, unless we're talking about no-ads or accessing a premium lounge.

Maybe yes, the novelty means something, but come on half if not most of them are no longer active. Its just beating over a dead horse at this point. Also, the benefits of these memberships could be upgraded to numerous things discussed before. For example:
-   Animated signatures.
-   Access to new and private chatrooms and/or boards.

Theymos has said he won't lower the price of those ranks and I think they should be left be as they are, however, I've long been a proponent of adding more titles such as Silver and Gold Memberships that come with the benefits of higher ranks like Full and Hero Member etc. There's multiple benefits to having them in my opinion such as curbing account farming and lessening the market for accounts as people would just buy the title rather than risk buying a dodgy account on the black market. Most people probably struggle to get a high amount of merit these days and the number of people signing up to the forum that will achieve a high rank will probably be very low and will usually only happen to exceptional users so I think paying to skip the queue would be useful in these situations. The higher tier one could maybe allow you to charge your name once as I know that's often something people want. There's plenty of other benefits that could be included as well.

I remember you telling in the past you brought it up to theymos in the staff board, any luck yet?     And I quite vividly remember discussing the potential benefits that these new ranks could include, that too years ago. Oh well. We can only keep discussing about it.

I don't see the point of being VIP, Donator or Copper member.
The first two status are old, not frequent to see them (only few members are active) and might be abused (no longer remember if they can change names or not).
Copper member is interesting mostly for new members here.
I prefer to see a bunch of profiles/custom names like: miner, trader, hodler... rather than being called donator that I obtained when the forums no longer need donations, and surely not having a mineral membership especially not copper.

At this point I don’t see a reason for purchasing these ranks other than the membership being a novelty.

But a novelty at this cost, is it worth considering that it is almost worthless realistically?

[hulla]

You're absolutely right but there are a lot of Bitcoin millionaires (mostly early adpoters) who can still donate 10BTC to the forum but it rare though for them to do the donation. Wait a minute, the donation is even enough to participate and pay a maintenance cost in the build a seastead which was once introduced by Theymos.

I do not think that there are a lot of Bitcoin Millionairs.
I would bet that there are less than 5 if any other than Satoshi (and even his amount of bitcoin are not sure that these expected 1 million belongs to him)
Not counting an exchange as these funds are only in custody to their customers (but sure not your keys, not your coins)

They are talking about millions worth of BTC in USD not millions of bitcoins.  There are quite a bit more than 5 out there.  According to this article there are more than 93 thousand out there holding more than a million dollars worth of BTC.  It wouldn't be surprising if many of these folks were members here at one point and maybe there's even a few lurking around or participating here and there.

Footing the current price of the market the 10BTC is not even a million dollars and speaking of some Bitcoin millionaire lurking around the forum or once make a contribution in the forum at some point, I believe there are some Bitcoin millionaires among the wall observer poster cause they seems to be serious investors.

[Stratobitz]

You're absolutely right but there are a lot of Bitcoin millionaires (mostly early adpoters) who can still donate 10BTC to the forum but it rare though for them to do the donation. Wait a minute, the donation is even enough to participate and pay a maintenance cost in the build a seastead which was once introduced by Theymos.

I do not think that there are a lot of Bitcoin Millionairs.
I would bet that there are less than 5 if any other than Satoshi (and even his amount of bitcoin are not sure that these expected 1 million belongs to him)
Not counting an exchange as these funds are only in custody to their customers (but sure not your keys, not your coins)

They are talking about millions worth of BTC in USD not millions of bitcoins.  There are quite a bit more than 5 out there.  According to this article there are more than 93 thousand out there holding more than a million dollars worth of BTC.  It wouldn't be surprising if many of these folks were members here at one point and maybe there's even a few lurking around or participating here and there.

Footing the current price of the market the 10BTC is not even a million dollars and speaking of some Bitcoin millionaire lurking around the forum or once make a contribution in the forum at some point, I believe there are some Bitcoin millionaires among the wall observer poster cause they seems to be serious investors.

Agreed 100%. I can't find the reference I read recently, but an analysis was done and it found that 95% of all bitcoins are controlled by the top 2% of the account holders/users.

Meaning:

18.5 Million Coins Currently Mined - (20% lost BTC forever/lost wallets/dead wallets) = 14.8 Million BTC Likely Left in Circulation * 0.95% = 14.06 Million BTC are held by the top 2% of bitcoin users/holders.

Leaving only BTC740,000 distributed amongst the other 98% of ALL Bitcoin users/holders.

Hard to fathom quite frankly... but it makes sense.

When I started mining BTC in 2014, we started with 26 Antminer S3 units and were making roughly BTC0.50 a day on Slush's Pool in BTC earnings.

But, that was when BTC bounced from $600-$90-$1000 for quite a long time on a bumpy trading pattern, but very cheap. So BTC0.50 / day when it was valued at $200 wasn't a big thing... but we were in it for the marathon.

Cheers!

Strato
 

[STT]

I was on slush's pool sometimes the luck worked out nicely in earnings, sometimes not.   Never had the sense or really ability to retain all the bitcoin we got, alot of it is costs not profits really.

Unless things changed radically just recently, don't think we've altered substantially what's been true for years but Bitcoin is the most widely and evenly distributed of all the major blockchains, probably all of them.   Imagine if Satoshi never gave up his share, thats the story for alot of them.     So you might be correct but its still the best in that regard and afaik the trend is towards greater distribution so long as actual user population and wallet usage continues to rise.
   The only disruption I see to that is the main market noise interference and influx of FIAT newly made, QE in itself is heavily top biased beneficial to central banking, government fiscal expenditure and treasury bond holders so it figures that weighting continues to wherever its effecting an asset price change.  I presume BTC has changed price partly because of the giant amounts of QE in the last year which means we have likely also absorbed some of that bias

[UserU]

Maybe yes, the novelty means something, but come on half if not most of them are no longer active. Its just beating over a dead horse at this point. Also, the benefits of these memberships could be upgraded to numerous things discussed before. For example:
-   Animated signatures.
-   Access to new and private chatrooms and/or boards.

I'd love to see that happen, definitely not on this board though. And that's pretty much a Catch-22.

[malevolent]

-   Animated signatures.

Ability to add animated avatars and even images (regardless of size) in signatures was removed so not sure how that would pass.

-   Access to new and private chatrooms and/or boards.

I think the right time to monetize the forum in this way has passed.

I remember you telling in the past you brought it up to theymos in the staff board, any luck yet?     And I quite vividly remember discussing the potential benefits that these new ranks could include, that too years ago. Oh well. We can only keep discussing about it.

Similar ideas were raised by many people, and afaik theymos commented publicly (~somewhere~) about this and didn't seem particularly enthused.

But a novelty at this cost, is it worth considering that it is almost worthless realistically?

https://bitcointalk.org/donate.html
The market has spoken:

Updated: April 2017

[hilariousetc]

I remember you telling in the past you brought it up to theymos in the staff board, any luck yet?     And I quite vividly remember discussing the potential benefits that these new ranks could include, that too years ago. Oh well. We can only keep discussing about it.

No. I stopped making suggestions because little seems to be done and I didn't want to annoy theymos with constant requests. There are plenty of threads both public and private with a lot of good suggestions so it's just up to whether theymos implements them or not.

I remember you telling in the past you brought it up to theymos in the staff board, any luck yet?     And I quite vividly remember discussing the potential benefits that these new ranks could include, that too years ago. Oh well. We can only keep discussing about it.

Similar ideas were raised by many people, and afaik theymos commented publicly (~somewhere~) about this and didn't seem particularly enthused.

I created the Community generated suggestions to improve the forum (+ eventual voting on them) thread a while back: https://bitcointalk.org/index.php?topic=4893744.0

And theymos did post in there somewhere with his opinions on them. Think they were separated into three categories like yes, no, maybe so you can see where he stands on certain things.

-   Animated signatures.

Ability to add animated avatars and even images (regardless of size) in signatures was removed so not sure how that would pass.

I don't think images would be a big deal and could be one of the benefits of the highest donator tier. I think they were originally removed along with gifs for being too flashy/distracting or something, but signature designs have evolved over the years and many of them can be pretty flashy so I don't think there would be much difference between images and bbcodes really. I think people found a loophole on the avatars as well as some of them are animated.

[vapourminer]

-   Animated signatures.

Ability to add animated avatars and even images (regardless of size) in signatures was removed so not sure how that would pass.

I don't think images would be a big deal and could be one of the benefits of the highest donator tier. I think they were originally removed along with gifs for being too flashy/distracting or something, but signature designs have evolved over the years and many of them can be pretty flashy so I don't think there would be much difference between images and bbcodes really. I think people found a loophole on the avatars as well as some of them are animated.

wasnt one reason animated gifs in avatars were remove was because of the cosby hack? or was that something else.

https://bitcointalk.org/index.php?topic=42549.0

edit: im sure i messed the quotes up; my apologies

[JollyGood]

Footing the current price of the market the 10BTC is not even a million dollars and speaking of some Bitcoin millionaire lurking around the forum or once make a contribution in the forum at some point, I believe there are some Bitcoin millionaires among the wall observer poster cause they seems to be serious investors.

Why would anybody feel the need to donate to this forum? I am happy for those that want to donate but right now 1 BTC = $56,000 so no matter how many BTC somebody has what would be their logic for donating to this forum or any other forum? What would they achieve and what would the forum treasurers do with those funds? There was a time when donations were asked for and donations maybe were needed but when I look at benefits of donating versus not donating - there is not much reason for anybody to donate.

Agreed 100%. I can't find the reference I read recently, but an analysis was done and it found that 95% of all bitcoins are controlled by the top 2% of the account holders/users.

Meaning:

18.5 Million Coins Currently Mined - (20% lost BTC forever/lost wallets/dead wallets) = 14.8 Million BTC Likely Left in Circulation * 0.95% = 14.06 Million BTC are held by the top 2% of bitcoin users/holders.

Leaving only BTC740,000 distributed amongst the other 98% of ALL Bitcoin users/holders.

Hard to fathom quite frankly... but it makes sense.

When I started mining BTC in 2014, we started with 26 Antminer S3 units and were making roughly BTC0.50 a day on Slush's Pool in BTC earnings.

But, that was when BTC bounced from $600-$90-$1000 for quite a long time on a bumpy trading pattern, but very cheap. So BTC0.50 / day when it was valued at $200 wasn't a big thing... but we were in it for the marathon.

Cheers!

Strato

https://www.marketwatch.com/story/bitcoins-2021-rally-is-minting-thousands-of-crypto-diamond-hands-millionaires-11614200303

There are many websites out there showing how many USD$ millionaires Bitcoin has created but no website can actually show how many BTC have been lost. There is no way to calculate the number of dead wallets even though many of them hold lots of BTC and have been dormant for years, they could belong to investors just waiting.

I am not so sure about the figures you stated about 740,000 BTC being distributed between 98% of remaining Bitcoin users. These are all based on estimates that can be refuted by alternative estimates.

[hilariousetc]

-   Animated signatures.

Ability to add animated avatars and even images (regardless of size) in signatures was removed so not sure how that would pass.

I don't think images would be a big deal and could be one of the benefits of the highest donator tier. I think they were originally removed along with gifs for being too flashy/distracting or something, but signature designs have evolved over the years and many of them can be pretty flashy so I don't think there would be much difference between images and bbcodes really. I think people found a loophole on the avatars as well as some of them are animated.

wasnt one reason animated gifs in avatars were remove was because of the cosby hack? or was that something else.

https://bitcointalk.org/index.php?topic=42549.0

edit: im sure i messed the quotes up; my apologies

I don't think it was anything to do with animated avatars specifically, but uploading any avatar, though looking at this post below by theymos it seems it wasn't the reason for the hack anyway:

It was initially suspected by many that the attack was done by exploiting a flaw in SMF which allows you to upload any file to the user avatars directory, and then using a misconfiguration in nginx to execute this file as a PHP script. However, this attack method seems impossible if PHP's security.limit_extensions is set.

Unless that's a different hack.

Footing the current price of the market the 10BTC is not even a million dollars and speaking of some Bitcoin millionaire lurking around the forum or once make a contribution in the forum at some point, I believe there are some Bitcoin millionaires among the wall observer poster cause they seems to be serious investors.

Why would anybody feel the need to donate to this forum? I am happy for those that want to donate but right now 1 BTC = $56,000 so no matter how many BTC somebody has what would be their logic for donating to this forum or any other forum? What would they achieve and what would the forum treasurers do with those funds? There was a time when donations were asked for and donations maybe were needed but when I look at benefits of donating versus not donating - there is not much reason for anybody to donate.

Well, why do people donate to things like crowdfunding? Often there's rewards and benefits and people are suggesting donating will come with the benefits of higher ranks like Senior and Hero etc. Theymos has said in the past that the forum doesn't need any more money, but even if the forum doesn't need the money it could be given to charity or something.

[JollyGood]

Thank you for the feedback hilariousetc, I broadly agree with you. If somebody wants to part with some of their BTC holdings they can always find a good cause to donate to.

If anybody does make any donation no matter how unlikely of 10 BTC, do you know what will happen to those funds?

The new forum never was released, maybe work is still on-going but has it ever been made public how much forum staff get paid? Even with those expenses including web hosting fees was there any indication ever given about how much BTC are in the kitty and what plans are in place to use them either in the short or long term?

Why would anybody feel the need to donate to this forum? I am happy for those that want to donate but right now 1 BTC = $56,000 so no matter how many BTC somebody has what would be their logic for donating to this forum or any other forum? What would they achieve and what would the forum treasurers do with those funds? There was a time when donations were asked for and donations maybe were needed but when I look at benefits of donating versus not donating - there is not much reason for anybody to donate.

Well, why do people donate to things like crowdfunding? Often there's rewards and benefits and people are suggesting donating will come with the benefits of higher ranks like Senior and Hero etc. Theymos has said in the past that the forum doesn't need any more money, but even if the forum doesn't need the money it could be given to charity or something.