Are Legendary Member Earning Too Much ?

[jackg]

Why waste money by buying an account. You can start to earn as soon as you get to member level, and you can add a link to your sig. I'm not talking about signature campaigns either, but real asset building projects.

Bitcoins not a real asset ?

We were all poor newbies once... I remember when I'd come here with my fascination of the new technology that was created some 7 years before i arrived. Sadly this firm seems to have gone sort of sideways... I'd like to see more people focus on bitcoin and not how Lauda is or isn't a huge scammer (for example). We don't need or want megatrolls here and it looks bad on the rest of the community.


On the merit standpoint. The ones who earn the most amount of merits tend to be merit sources. They have a bit of an unfair advantage as users might feel a need to merit them back for meriting them. I'm thinking a gradual merit reduction might be an interesting point to look into though.

[manishanand]

OP, this topic, combined with your previous topics on this board here and here, make it clear that you are focusing way too much on merit and ranking up so you can earn from some useless bounty campaign. I would suggest you spend some more time learning about bitcoin instead.

Actually in starting I was thinking of making money from this form. But now I started to reply on other's topic and help them.

[CryptopreneurBrainboss]

Actually in starting I was thinking of making money from this form. But now I started to reply on other's topic and help them. Also you are correct that I want merits but for my endorsement.

Don't ge carried away by merits and you shouldn't let merit discourage you (when you aren't getting them) from learning or contributing in forum, if you aren't getting the merits you feel you deserve for your quality posting then apply in giveaways thread and your post might get merited.

About legendary members earning too much, I don't believe there's any earning that is too much, if you truely deserve that earning. Lets take chipmixer signatures campaign as an example it has been running for over 2years+ and have been paying quality poster 0.00075BTC per post for 50 post that's around 9.0375BTC weekly. If you're posting that amount of quality post per week then you deserve the earnings you're getting, we also have numerous campaign managed by Hhampuz and they're paying decently too therefore for every forum members earning btc they deserve it as far they're posting quality posts.

[o_e_l_e_o]

Also you are correct that I want merits but for my endorsement.

This is my point. People who are posting for the sole reason of trying to earn merit (like you have been) stand out a mile away. It is totally obvious they are only fishing for merit, and aren't trying to contribute to the forum in any meaningful way. These are the people I (and many others) will actively avoid when looking to hand out merits. By constantly thinking about merits, you make it less likely that you will receive any.

My advice again is to forget about merit, and instead spend your time learning about, and then discussing, bitcoin.

[r1s2g3]

I do not think you can earn from this forum if you have no skills, no matter whatever rank you hold.  Don't be carried away the chip mixer signature payment. The approach that you are currently using will not help you to get in that campaign. 
If you are interested in twit/facebook bounty then rank does not matter.

[Lucius]

Now it's been over a year I think it's time to remove all airdropped merit. If you've been here for all that time and are legendary with a piddling amount of merit to show for it then it's time for a demotion all the way back to the start. They serve no purpose.

That then includes you too and 99% of Legendary members on this forum, but I do not think that admin will do something like this. Maybe before the start of merit system something similar could have been done, but all old members play by the rules and really would be unfair that now they lose their ranks.

Legendary members without single merit speak enough for themselves, but there are also exceptions because some were simply inactive in the past year. No active members can not earn merits, where there are again exceptions for profiles like Satoshi or Hal Finney.

[DdmrDdmr]

<...>

That’s an interesting call, but not likely to happen really.

I’ve crossed @piggy’s full profile DB from December 2018, and crossed it with current full merit TXs. It turns out that:

Code:

rank           nEarnedMerits  nUsers    %         
Legendary      0              959       43,24%    
Legendary      1              229       10,32%    
Legendary      2              107       4,82%     
Legendary      3              80        3,61%     
Legendary      4              51        2,30%     
Legendary      5              54        2,43%     
Legendary      6..10          136       6,13%     
Legendary      11..50         368       16,59%    
Legendary      51..100        114       5,14%     
Legendary      100..250       76        3,43%     
Legendary      250++          44        1,98%     
Total                         2218      100,00%   

That is to say, 43,24% of Legendries have not earned any merit to date, and an additional 10,32% have currently only earned one. Only 27,14% have earned 50 or above merits.
90,30% of Legendries have been active (*=at least logged-in, but we do not know how active they have been) from 2018 onwards, so the above data is representative.  

Edit: Heroes show rather poorly: 70,10% lack any earned merits, and Sr. Members are on the 81,80% range, although both sets have been active (*) during 2018 in somewhere near the 78% area.
If we delimit the data to those active(*) during 2018 we get 62,28% Heroes lacking earned merit, and 70,85% Sr. Members in the same situation. I guess we never see those around much.

[o_e_l_e_o]

I would certainly like an option to view earned merit rather than total merit. It's now getting to the stage that you can't tell which rank a user started at, so you don't know if they've earned a couple of merits or several hundred without checking their merit history.

I find it astonishing that almost half of legendaries would still be newbies under the merit system. Having said that, I'm not sure it's fair to de-rank them just for that. Seems too much like ex postfacto. However, if they are serial spammers (which I suspect many of them are if they can't earn a single merit) then they should be banned instead.

[gentlemand]

That then includes you too and 99% of Legendary members on this forum, but I do not think that admin will do something like this. Maybe before the start of merit system something similar could have been done, but all old members play by the rules and really would be unfair that now they lose their ranks.

I'm fine with that.

If I'd been putting the merit system together I would've given people a grace period to justify their ranks and then removed them if they're clearly wasters which is what merit does.

In the old set up you could have reached legendary with 2-3 years of bumping every thread with 'nice project' or 'dear, this is most excellentings advises.'

That is to say, 43,24% of Legendries have not earned any merit to date, and an additional 10,32% have currently only earned one. Only 27,14% have earned 50 or above merits.
90,30% of Legendries have been active (at least logged-in, but we do not know how active they have been) from 2018 onwards, so the above data is representative.  

That's a pretty bonkers set of stats. Out of 2 million or whatever users there are less than 100 self made senior members, let alone legendaries.

[o_e_l_e_o]

'dear, this is most excellentings advises.'

But what if that was the most excellent advice, and the user just had a broken keyboard?

That's a pretty bonkers set of stats. Out of 2 million or whatever users there are less than 100 self made senior members, let alone legendaries.

Not quite. Among the cohort of pre-merit legendaries, there are less than 100 self made senior members. The numbers of self made seniors out of all 2 million users will be higher, although probably not by much. I'm sure DdmrDdmr can give accurate numbers.

[DdmrDdmr]

<...>

Here we are ... (for all users, not just Legendries):

Code:

selfMadeRank                  nUsers
self-made Legendary           11
self-made Hero Member         39
self-made Sr. Member          108
self-made Full Member         368
self-made Member              6472
self-made Jr. Member          19462
Total                         26460

Edit: considering just merits, not activity.

<…> That's a pretty bonkers set of stats. Out of 2 million or whatever users there are less than 100 self made senior members, let alone legendaries.

I’ve altered the nEarnedMerits column to reflect intervals (used upper limit before).

This is the specific breakdown of Legendries:

Code:

selfMadeRank                  nUsers
self made Legendary           5
self made Hero Member         20
self made Sr. Member          29
self made Full Member         78
self made Member              517
self made Jr. Member          637
Total                         1232

Note: Total number is slightly different from previous stat earned merit intervals for Legendries), since the above data originates in my current merit DB where ranks are up-to-date (vs the previous stat where ranks are as of December 2018).

[TheBeardedBaby]

<...>

Here we are ... (for all users, not just Legendries):

Code:

selfMadeRank                  nUsers
self-made Legendary           11
self-made Hero Member         39
self-made Sr. Member          108
self-made Full Member         368
self-made Member              6472
self-made Jr. Member          19462
Total                         26460

Nice stats DdmrDdmr, as always.

In two weeks the self-made Hero members count will rise to 40 , just 4 activity left

Just a question do those have the required activity for the self-made rank or it's only based on earned merit?

[DdmrDdmr]

<...> Just a question do those have the required activity for the self-made rank or it's only based on earned merit?

Just based on earned merit (so really you are included in the above 39, regardless of the missing activity).

[TheBeardedBaby]

<...> Just a question do those have the required activity for the self-made rank or it's only based on earned merit?

Just based on earned merit (so really you are included in the above 39, regardless of the missing activity).

I thought about that, after I post the comment. It will be interesting to see the real number of the Self-made rank members with enough activity.
Anyways, so the next target for me is the Self-made legendary without enough activity.

[Jet Cash]

On the merit standpoint. The ones who earn the most amount of merits tend to be merit sources. They have a bit of an unfair advantage as users might feel a need to merit them back for meriting them.

I don't think that is true. I gained a lot more merit before I became a merit source. I think a lot of members think that you don't need merits if you are a source. My last few merits to become a TEMP are taking an age, but that could be because I've backed away from my projects, and I've got more interested in the macro-political situation, and most people are only interested in micro/national politics.

[legendster]

Trust me most of us don't earn diddly crap, ad campaigns use to pay good money but then traffic here died off (3-4years ago this place use to be leading place for everything digital currency wise) now it's not really that interesting a place everything's been done so many times now

I'd say 5 - 7 months is a realistic time period when you're defining the drop in account value worth. I've personally received offers from unknown people who were willing to pay upfront $1k for my account for whatever reasons. And I was nowhere near legendary. And I've seen the digital goods section that was getting a lot of activity both from sellers and buyers last year when btc was around 5k.

There are plenty of legendaries who've earned little to no merit. They're not going to get anywhere in terms of campaigns. The managers of decent campaigns aren't going to take on a shitposter no matter what their rank.

That makes no sense to me. You're thinking of the account's status ONLY in terms of campaigns and earning potential from those campaigns while in reality, the ranking system was present JUST to display a member's overall activity - regardless of the quality of their interaction.

The whole signature space renting was a happy accident that happened on this forum and then it took off. It has almost become an economy of its own. The ranking system had nothing to do with campaign management and was an alternative to the existing advertisement offered by theymos on this forum.

[DdmrDdmr]

<...> It will be interesting to see the real number of the Self-made rank members with enough activity.<...>

Then the numbers go down 12,35% on aggregate, and we get as a result:

Code:

selfMadeRank                                      nUsers
self-made Legendary (merits and activity)         7
self-made Hero Member (merits and activity)       29
self-made Sr. Member (merits and activity)        117
self-made Full Member (merits and activity)       355
self-made Member (merits and activity)            5782
self-made Jr. Member (merits and activity)        16901
Total                                             23191

Note: considered minimum 775 activity for Legendries.

Link to complete list of forum members with the above criteria: https://docs.google.com/spreadsheets/d/1Wl9a_Drl5LWPN3uG6pT3YPIYtkvRkZiGneukzHvVPoA/edit?usp=sharing

Data as of last Friday, sorted by self-made rank and name.

[kingpin4321]

The amount of Shit posters in legendary status are very much lesser as compared to lower rank.
Well I don't see the benefits of this post you can advice one to pursue good posting with out undermining other member rank.
the OP has some work to do on his own personal his English and topic

[vit05]

The amount of Shit posters in legendary status are very much lesser as compared to lower rank.
Well I don't see the benefits of this post you can advice one to pursue good posting with out undermining other member rank.
the OP has some work to do on his own personal his English and topic

You too!

[Crypdon]

One of the reasons why legendaries earn more is because they have a bigger signature space so it's not just what they say, it is advertising space for new ICOs to promote their coin on this forum