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Author Topic: Growing Blackmarket for Merit trading  (Read 882 times)
Barcode_
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September 22, 2018, 07:33:14 PM
 #21

Well!! Merits can be traded in exchange for USD

14$ seems a lucrative deal for anyone, and there is a discount as well when looking for >5 merits.

In the Russian section prices are lower  Smiley

$10
https://bitcointalk.org/index.php?topic=5031057.msg46036459#msg46036459
https://bitcointalk.org/index.php?topic=5033367.0

And even $8
https://bitcointalk.org/index.php?topic=5033959.0
There are also user who have started a thread looking to buy Merit and even Jr. Member accounts on the Chinese section too.

https://bitcointalk.org/index.php?topic=5033177.0
https://web.archive.org/web/20180922192449/https://bitcointalk.org/index.php?topic=5033177.0

And they are using QQ which is an instant messaging software commonly used by the Chinese citizen in China to discuss on deals between the buyers and sellers for selling Merits and Jr. Member accounts.

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vallydelly
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September 22, 2018, 08:58:28 PM
 #22

Oh well, I suppose we will soon see a Pump and Dump Smerit Telegram channel. Or Buyer will realize, in the long term...
Should we HODL or sell some (?) since the merit market is having bull run I guess  Tongue

haha bull run for merit, Let me HODL my own merit for long term.. IoIz... But on a serious note merit trading is getting more popular on the telegram groups these day, most of them have turn into scamming, But I believe with time, those selling their merit, it will get exhausted and everything will be back to normal. 
r1s2g3
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September 22, 2018, 09:24:21 PM
 #23

But I believe with time, those selling their merit, it will get exhausted and everything will be back to normal. 

Everything will turn into normal when everybody start thinking of the honest route. If users just want shortcuts then scam/selling will always flourish.

I just like to quote a modified version of old saying.

Quote
Buy a Merit today, you have solved the problem for today. Learned ,how to earn the Merit, you have solved the problem for lifetime.

I am alive
deguzmanwacky
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September 22, 2018, 10:01:30 PM
 #24

Primary costumers are the whiners here in the forum who spams a lot complaining about why are they demoted when obviously you can read it because it was posted here. smh.

Simple tip: Dont be too desperate to rank up. It will come eventually.
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September 22, 2018, 10:26:18 PM
 #25

Primary costumers are the whiners here in the forum who spams a lot complaining about why are they demoted when obviously you can read it because it was posted here. smh.

Simple tip: Dont be too desperate to rank up. It will come eventually.
Merit will only come eventually for users who are showing people that he is truly making an effort to change by improving his posts quality over a period of time, I believe it would be hard for some newbie users to get any merit if they still insists to make tons of low quality posts, my advice to them is to embrace the change and start putting in more time and efforts to increase the overall quality of their posts slowly.

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MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
theymos
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September 22, 2018, 10:42:42 PM
Merited by Foxpup (2), bones261 (2), LoyceV (1), dbshck (1)
 #26

As I've said before, I'm not really worried about it. Especially at those high prices (plus the risk of being red-tagged), it's enough of a barrier that it should still serve its intended function of creating a significant cost/barrier for garbage-posters.

BTW, if any merit source goes rogue and sells a ton of merit, then I will probably go through the transaction graph and undo all of the transactions touched by that sold source-merit. Merit ain't no immutable cryptocurrency!

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
Xal0lex
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September 22, 2018, 11:10:44 PM
 #27

As I've said before, I'm not really worried about it. Especially at those high prices (plus the risk of being red-tagged), it's enough of a barrier that it should still serve its intended function of creating a significant cost/barrier for garbage-posters.

BTW, if any merit source goes rogue and sells a ton of merit, then I will probably go through the transaction graph and undo all of the transactions touched by that sold source-merit. Merit ain't no immutable cryptocurrency!

Merit source only? IMO, it would be nice to go through the transaction graph of simple users who explicitly hand out tons of merits. I understand it's hard enough. But still. Then buyers will think before buying merits.

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cryptovigi
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September 22, 2018, 11:54:29 PM
Last edit: September 23, 2018, 10:42:23 AM by cryptovigi
Merited by DarkStar_ (4)
 #28

Merit will only come eventually for users who are showing people that he is truly making an effort to change by improving his posts quality over a period of time, I believe it would be hard for some newbie users to get any merit if they still insists to make tons of low quality posts, my advice to them is to embrace the change and start putting in more time and efforts to increase the overall quality of their posts slowly.

Of course! That was/is the intention of merit. And exactly this way I understand it...
But when people - mostly Newbie are seeing posts like this below, which was merited today, or contests (like this one: LINK) they can be little bit confused is merit really about contriubution in forum society?


I would like to join airdrop which holds VestChain. What are the main conditions? Where can I find a link to airdrop itself? Someone tell me me who else has this information?
This is good project. I will keep an eye on this project.
No one interested in Contrarian Betting? I guess you prefer the Crowd Wisdom  Grin Grin
For me your post was so chaotic and visually confusing that it was too hard to even read it.
i think mine in today is good if you have some money to pay electric bill around 2 month.
cryptomarket in Q4 price will rise you can sell it and take profit
Is that a new game or you guys are cooperating with EOSBet?
Not only personal social movement but also businesses are also taking part in the Social Chains.
I wonder whether a larger exchange ? Personally, I do not like these two exchanges Ibex and Coss. There is very little liquidity on these exchanges
I have not been here for a long time. All the same posters. All the same posts. Long way of endless to beat the air and mill the wind.
Yπάρχει κάπoιoς πoυ θα ενδιαφερόταν να γράψει ένα άρθρo για τo bitcoin site μoυ;
Eίναι καινoύργια η ιστoσελίδα και έχω ήδη πάρει μερικά θετικά reviews από site τoυ εξωτερικoύ.
www.bitfortip.com
Όπoιoς έχει site ή blog με θέμα τo Bitcoin και ενδιαφέρεται, ας μoυ στείλει πρoσωπικό μήνυμα.

last one I've translated with google translator to see how one can get 40 merits for single post from Legendary guy and maybe learn something - that's what i got:
Quote
"Is there anyone who would be interested in writing an article on my bitcoin site?
It's new to the site and I've already got some positive reviews from a foreign site.
www.bitfortip.com
Anyone who has a Bitcoin site or blog and is interested, let me send a personal message."

Suming up the concept of merit is great but there is still needed some more control of its distribution because when Newbies read some "guides" about the "rules" how to get merit, than make some unsuccessful try writing posts and then see posts like these... They loose enthusiasm and start to look other ways to get merit for example buying. That's why i'm not suprised at all that merit blackmarket started up...

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September 23, 2018, 09:11:32 AM
Last edit: September 23, 2018, 09:52:37 AM by hilariousandco
Merited by Foxpup (4), dbshck (1)
 #29

As I've said before, I'm not really worried about it. Especially at those high prices (plus the risk of being red-tagged), it's enough of a barrier that it should still serve its intended function of creating a significant cost/barrier for garbage-posters.

BTW, if any merit source goes rogue and sells a ton of merit, then I will probably go through the transaction graph and undo all of the transactions touched by that sold source-merit. Merit ain't no immutable cryptocurrency!

I think it would be fairly easy to spot people selling merits en mass. Most merit sources probably won't want to risk their account or reputation being ruined for a little bit of cash and I think most will get busted sooner than later. It would probably be far more profitable to use that account to earn from signature campaigns or whatnot anyway. Why don't you add more donator ranks like Silver & Gold Members? If people are going to the trouble of buying accounts and merit then why not let them legally buy the benefits of the rank from the forum instead? Most people who sell accounts and merit here are just scammers with neither to sell in the first place, so lets cut out the shady middleman and eliminate the shady/scammy market. It might actually cut down on the needless merit begging threads and people creating content with the sole intention of trying to receive merits as well. We already have Copper Member with the benefits of being a Member so why not add Silver and Gold that have the benefits of Full and Heroes respectively? I don't see any negatives to this and the benefits are numerous.  

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aseemhamza
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September 23, 2018, 04:34:03 PM
 #30

WooW now theymos must make his own Bounty C.... that is will be a good idea ICO bitcointalk coin and he will pay by sMeit 
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September 23, 2018, 05:24:49 PM
 #31

WooW now theymos must make his own Bounty C.... that is will be a good idea ICO bitcointalk coin and he will pay by sMeit  
bitcointalk coin has long existed
https://bitcointalk.org/index.php?topic=864994.0

But it was interesting to know that he owes you. You don`t really press him, sir, ok?

YANDEX
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September 23, 2018, 05:49:39 PM
 #32

Where there is demand there is market without debating is it legal or illegal.

As we known, selling merit is an illegal trading

Theymos will do something for this
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September 23, 2018, 09:18:28 PM
 #33

Well!! Merits can be traded in exchange for USD

14$ seems a lucrative deal for anyone, and there is a discount as well when looking for >5 merits.


Really this is true....??
I don't know this before
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September 23, 2018, 09:54:11 PM
 #34

I just got this one- https://bitcointalk.org/index.php?topic=4457400.0
Merit for sex  Grin
So, we can get both cash and goods for Merits= A currency, lol.

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mikeywith
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September 24, 2018, 01:25:34 AM
 #35

pretty soon we could see a new topic in altcoins  forum with a tittle [ANN][SMRT] The Smerit Token ICO Cheesy


so jokes aside !

say a newbie needs to buy 100 merits to be a full member . at 14$ it costs 1400$ , how many years till he hit ROI ?  with 1400$ i would just buy some shitcoin and hodl them till 2020 and screw bounty campaigns  Grin

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