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Author Topic: How many Bitcoins are bought for campaigns on this forum?  (Read 145 times)
Silentsweeper (OP)
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May 24, 2018, 09:20:21 AM
 #1

How much capital are generated and converted to Bitcoin from Signature, Avatar, Bounty and all other campaigns per month or per year on this forum?

I know that the price of Bitcoin is up and down. Coinpayment Signature campaign spend approximately 9642 USD per month, just on signature campaign payments. There are many different companies investing into this forum and promoting Bitcoin.

Bitcoin would not have been this strong, if it was not for Signature Campaigns and all other relevant campaigns that was hosted on this forum. I think this is what is setting bitcointalk.org apart from other bitcoin forums, because they are not actively contributing to the bitcoin economy.

The bitcoins received on this forum are being spend daily by users for services and products that are bitcoin related. So these users are supporting bitcoin businesses.
I thank all Companies who are contributing to this form to make Signature, Avatar, Bounty and all other campaigns possible.  Just think how many bitcoins are being exchanged for this forum.

Can someone calculate one week of payments from all the signature campaigns hosted here to see the impact that this is making on bitcoin.
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rider212
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May 24, 2018, 09:27:49 AM
 #2

Unfortunately, this is a bitcoin forum, but why the average transactions that occur between users in this forum is using ETH, why not just use bitcoin.
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May 24, 2018, 09:31:27 AM
 #3

Interesting question. I'm sure someone could string it together if they could be arsed, but hardly anyone's buying Bitcoin to distribute via campaigns, it's from their Bitcoin earnings be that through a business or ICO.
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May 24, 2018, 01:40:57 PM
 #4

 i think you should contact the real moderator here.
BrewMaster
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May 24, 2018, 01:58:04 PM
 #5

Coinpayment Signature campaign spend approximately 9642 USD per month, just on signature campaign payments.
Bitcoin would not have been this strong, if it was not for Signature Campaigns

ok, lets take a look.
how many signature campaigs are there? 10? 20? lets say 50 and all of them are spending the same amount $10k per month. that is 50*$10K / 30 = $16,666 lets round that up to an even $20k per day spend on advertisement. and lets multiply that by 2 just to cover any others that i missed and round that up to $50k per day.

total daily trading volume of bitcoin is around $6 to $10 billion per day. that is 120,000-200,000 times more than cost of advertisement.
amount of money transferred using bitcoin per day is about $1-$5 billion which is 20,000-100,000 times more than cost of advertisement.

that is how strong bitcoin is not just some tiny amount going into spam on bitcointalk...

There is a FOMO brewing...
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May 24, 2018, 02:19:18 PM
 #6

Unfortunately, this is a bitcoin forum, but why the average transactions that occur between users in this forum is using ETH, why not just use bitcoin.
[/q
uote]
So far i can not identify the correct numbers of bitcoin i bought for the campaigns forum, i need to listen the superior what is right .
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May 24, 2018, 02:55:57 PM
 #7

It is going to be difficult to calculate that, because it differs from week to week. Signature/Bounty campaigns come and go and

their expenses differ from week to week, based on people's posting. All of these campaigns have a spreadsheet with all the

payments that was done for the previous week, so you can add up all payments that was done for one week and use that as a

 average to work out what their spending was for a specific period. A lot of these campaigns only last for a few weeks and

some of them do not even pay. {scams}  Angry  ...It would still be very interesting to know how much this is, even if you work

on averages.  Grin

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May 24, 2018, 03:05:24 PM
 #8

no one can add up, there are so many bitcoin diforum this, but that juika already calculated from eth .. because diforum is much use eth instead of bitcoin .. !!

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May 24, 2018, 03:35:27 PM
 #9

as long as this is indeed a signature campaign to be excellent in bounty. but can only be used for one project in a few months during bounty is complete. the advantage is that not many participants participate in any of the projects.
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May 24, 2018, 03:41:42 PM
 #10

Do you really want to count for those?  Well, actually it's good question but the thing here is just do it whatevere it will be,  as long as those coins or tokens available and make a good profit for you. Because no one definitely knows how much coins already given by bounty, avatar or any single project in this forum.
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May 25, 2018, 05:39:20 AM
 #11

Let's make it simple for now and count the amount of Signature campaigns in Mitchell's Overview thread, which amounts to 17 Signature campaigns. < https://bitcointalk.org/index.php?topic=615953.820 > and then multiply that with a lower average than the $9000+ that you calculated for one of the highest paying campaigns on the forum. Say, $5000 as an average. Thus : 17 x $5000 = $85 000 p/m x 12 = $ 1 020 000 per year from signature campaigns.

So let's say Bounty campaigns and Avatar campaigns are smaller, so they add only 50% each of that, then we add another $ 1 000 000 to the total.

That leaves us with ICO's and forum advertisements and trades being done on the forum. So all and all, we might even reach $5 000 000 per year, if we are lucky.

That is quite a lot of money that are being generated from this forum, to stimulate and feed the Bitcoin network.  Wink

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May 28, 2018, 09:13:08 AM
 #12

I agree that it will be a difficult task to calculate how much bitcoin is being generated/purchase through earnings from campaigns. I'm sure some people are just holding their token as it is, some covert it to ETH, some bitcoin and some other coins that they prefer and some may just sold it immediately. So it's really difficult to get the answer you wanted. But I'm sure it is something material.
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July 20, 2018, 04:25:27 AM
 #13

I have bought $10000 since I joined this forum
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August 01, 2018, 03:23:40 AM
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total daily trading volume of bitcoin is around $6 to $10 billion per day. that is 120,000-200,000 times more than cost of advertisement.
amount of money transferred using bitcoin per day is about $1-$5 billion which is 20,000-100,000 times more than cost of advertisement.


very complicated calculations for me who are beginners here.
but I see it all is very big its value.

is it possible I can follow that big number?
probably not, because I am just an ordinary person learning about cryptocurrency.
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