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Author Topic: Are Legendary Member Earning Too Much ?  (Read 1019 times)
jademaxsuy
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February 16, 2019, 09:59:41 PM
 #41

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
It's not the signature campaign alone and the reason why legendaries earn much more than lower rank. Lower ranks can also earn much more than the legendaries if he/she has the skill the same as legendaries or much more. I found some legendaries that didn't even know the correct time to use than and then in a sentence. English is not my local/main language is not a good excuse or reason, as long as your willing to learn then you can learn.
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February 16, 2019, 10:25:58 PM
 #42

You're placing a high level of importance on earning which should apparently not be so,but I'll cut you some slack on that.
Earning bitcoins(money) through cryptocurrency can come in numerous ways,other that just the signature campaigns you made mention of,and in majority of them,it is a level playing field for all ranks as earning is based on ones inate skills
But in the signature ads campaigns,there is rank disparity and earning is higher with the "higher" ranks and it's not a bad idea
There are a whole lot of effort and commitment put in to attain high ranks on the forum,thats why members get higher stakes than jnr members,and full members higher...... till it gets to the legendary rank, it makes ranking up worth it's every stress
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February 16, 2019, 11:57:04 PM
 #43

Maybe cause they have the highest stakes when it comes in signature but even though you only have low level rank it does not mean you wont get big profit,  still depends on how active you are when it comes to bounty, like you join in social media, telegram, signature , and youtube.

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February 17, 2019, 07:09:43 AM
Merited by DdmrDdmr (1)
 #44

Let me put it to you in this way so that you would understand the reason why Legendary Members should be paid more than more jr members. A company wants maximum exposure or advertisement for their product or service. So would you take a newbie account with say 200 posts or would you take a Legendary Member with say 6000 to 15 000 post history?

They also want people with quality posts, because they get more hits/views when people Google Bitcoin related topics. So my signature will show up at the bottom of my 6904 posts that I have posted on this forum.  Wink

People are also familiar with other ranking systems on other forums and they accept that higher ranked forum members should know more about the topic than "newbie" ranked members. <It is the perception and not the reality>  Roll Eyes

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February 17, 2019, 08:38:09 AM
 #45

Maybe cause they have the highest stakes when it comes in signature but even though you only have low level rank it does not mean you wont get big profit,  still depends on how active you are when it comes to bounty, like you join in social media, telegram, signature , and youtube.

Hey Legendary members get paid due to their rank, but not all are accepted into signature campaigns just cause they are legendary members. The signature campaign managers chooses quality posting over your rank, so if you’re posting quality then you have good chance of being selected. Also it’s pertinent to note that not all the legendary members are knowledgeable, so their rank doesn’t really help them.
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February 17, 2019, 10:19:19 AM
 #46

Maybe cause they have the highest stakes when it comes in signature but even though you only have low level rank it does not mean you wont get big profit,  still depends on how active you are when it comes to bounty, like you join in social media, telegram, signature , and youtube.
It's not "MAYBE", they do have the highest stakes when we discuss signature campaigns. It is also the reason of the other signature campaign participants to become greedy and use alt accounts to earn more because of having less stakes and low rank. It's not being active it's about your own skills or having good ability.
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February 19, 2019, 07:52:49 AM
 #47

I dont see why could this be a problem. There have "Legendary" rank for a reason. They earn it one way or another. Before merit system this was much easier to achieve in look of spent time here, around 2-3 years give or take. How with merit you need much more. First good content for any reply on any topic (it dont need to huge but need to on the topic with good sets of words). Next need to know the topic you are posting. And maybe the create unique topic that will be good for you and for all users where can be earned merits.

Legendary member are not earning as much as they could by my opinion, but think that with high rank comes the high responsibility to write better and to be better. Without this no one will become some day Legendary.
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February 19, 2019, 08:26:33 AM
Merited by manishanand (1)
 #48

I wonder how many members have two legendary accounts. I love a challenge, and I'm tempted to see if I can earn enough merit to promote one of my alts. I haven't got one that is over member rank though, so it would really be a bit of a challenge. At the moment, most merits seem to flow to members providing statistical reporting about the forum, the merit system, and reputation and trust. I don't have the knowledge, or the inclination to try this. I'd be more interested in working to improve Bitcoin and crypto adoption amongst the unbanked and those in politically oppressed countries. Are there any members  who are earning useful amounts by posting such topics? It is difficult to understand why signature sponsors would want to advertise in Bitcoin Talk statistical threads, surely the readers will have already formed their opinions of the programmes, and many of them will have signatures blocked anyway.

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February 19, 2019, 10:06:29 AM
Last edit: November 12, 2023, 10:20:48 AM by Pmalek
 #49

They are paid more because they can put more content (symbols) in their signatures. That is just the way it is.
Imagine that the ad on top belongs to a Legendary member and the small one at the bottom right belongs to a Jr. Member. It is obvious which one creates more visibility and therefore should be paid more.



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February 19, 2019, 10:41:04 AM
 #50

That may not be justified from the perspective of a sponsor. I found that a text link in a useful article can be more productive than a banner advert that may be blocked or ignored.

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February 19, 2019, 02:56:27 PM
 #51

Do bounties really pay that much? I've always thought they pay dust to their members for promoting their products. Maybe some of those dusts make some value if the project gets a bit successful.
Anyways, your rank won't get you in a campaign, but your post history would (if the manager is a good one) and a legendary would earn nothing if he has a terrible post history and a smaller rank member would at least earn something if he is a good poster. So it is true that buying a higher rank account won't do a lot of good for a bad poster.
Besides that, the people who say that it was easy to become a Legendary member are not totally accurate. Though it is true that now it requires Merits to gain ranks, but the time it takes to become a Legendary hasn't changed and it was the same before as it is now. The people who've become Legendary members have spent their time to gain that rank. Now it depends on them if what they've gained in that period other than their account rank. If they gained no knowledge at all, it is a shame, and the rank they've gained wouldn't be useful for them since campaigns won't accept them with a horrible post history. But, if they've gained knowledge over time and have been constructive posters from the past, then it can useful for them to be a Legendary.

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February 20, 2019, 07:26:34 AM
 #52

All of us like we newbie and junior members think that the Legendary are awesome. They earn so much bitcoin and other coins but it's wrong. If you see a spreadsheet of a bounty you will see one or two legendary members are rejected either due to their low quality post or some other reason. Even a junior member will earn more than they do in this condition. So the basic thing I wanted to tell that if you think you will purchase and skip the part of learning of posting in forum, you still won't get anything from it as your all posts will be declared as low quality. As from me whatever position you are in be in there and slowly develop.
This is about bounty, right?
IMO, Legendary gets a better share because of their signature exposure, it's wider and bigger compared to lower rank, but it cannot be denied
that there are Legendary Members who post shit in the forum and they did not really give contribution to the thread they are commenting.

If a low rank and a Legendary member both make constructive post then clearly a Legendary will get a better reward based on stakes.

Even if you are a newbie now but if you will continue to give contribution to the forum, you will earn merits and you will grow and in the future
you will reach the highest level of rank which is the Legendary.

Just stay here, learn, improve and contribute.

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February 21, 2019, 11:45:57 PM
Last edit: February 22, 2019, 11:46:52 AM by SaiyanPrynz26
 #53

I am a newbie to the forum but it’s hard work, dedication, posting quality content or asking the right questions. I think it is all about how you portray yourself not only on the forum, but life in general. I decided that I wanted to know more about cryptocurrency and take the leap down the rabbit hole and educate myself on anything and everything I can about it. But what everyone needs to know and understand is that it is not going to happen overnight and that things take time and dedication to achieve. If you think that you are going to get rich overnight you are sadly mistaken. Maybe one day, I myself can become legendary, but until then its reading and posting quality content to gain the necessary knowledge and trust I need to be able to give something of value back. Moral of the story is, Legendary members took the time and energy and probably lots of effort to get to where they are at today. And while some may think that they get paid too much, I look at it as they worked hard on this forum and in general to accomplish their goals.
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February 22, 2019, 12:38:44 AM
 #54

All of us like we newbie and junior members think that the Legendary are awesome. They earn so much bitcoin and other coins but it's wrong.
One doesnt exclude the other. Beign Legendary is awesome but doesnt mean anything in terms of earning.
As someone said, earning maximum 0.04 per week is not dream come true to people with big knowledge about Bitcoin. Its big amount in developing countries tho. All depends, some are here for fun not to earn money as common mistake from many newbies are made.
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February 22, 2019, 12:58:45 AM
 #55

All of us like we newbie and junior members think that the Legendary are awesome. They earn so much bitcoin and other coins but it's wrong.
One doesnt exclude the other. Beign Legendary is awesome but doesnt mean anything in terms of earning.
As someone said, earning maximum 0.04 per week is not dream come true to people with big knowledge about Bitcoin. Its big amount in developing countries tho. All depends, some are here for fun not to earn money as common mistake from many newbies are made.
Exactly, BTC0.04 could be big enough in some countries but in some it's not.
So it really depends on your status in life and where you live and having a Legendary account does not easily bring you easy money, some of us
are focus in investing and trading, we just consider bounty and signature campaign a way to make ourselves active while earning a little amount of coins.

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February 22, 2019, 05:32:42 PM
 #56

i don't know how you could say  "earning too much" - i mean, why are you thinking in scarcity? there is a lot of money to be made if you are aware of what to do. just get down and put in some work. once you reach those levels, i'm sure you won't complain about "earning too much"...
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April 22, 2019, 06:16:36 PM
 #57

Supposed to be but not all the legendary members didn't get the opportunity to get a slot on most paying signature campaigns.Now a days the quality of their posts decides how much they are earning due to the merit requirements on most of the btc paying signature campaigns.

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May 15, 2019, 02:01:32 PM
 #58

I think Legendary are earn much because they have a good rank and also good in here in community best on my observation every bounty is always legendary rank are the best earn for sig camp and if you have a good rank you have a lot of chances to get more job like bounty manager.
Stedsm
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May 15, 2019, 02:27:16 PM
 #59

It actually depends upon two types of mindsets -
1st is yours where you're watching the value of BTC as well as earnings in fiat that come in a Legendary member's pockets.
2nd is ours. Where most of these Legendaries are trying to accumulate BTC, others work for BTC fully leaving their day-to-day 9-to-5 jobs as they know they can earn much better here and spend higher. It also depends upon the quality of a Legendary member whether he has the ability to beat others' quality and remain in the campaign by meeting its standards or not, some post a lot and reach the maximum (or even more when there is no maximum like Stake campaign) where some post least due to having the freedom to post any amount of posts with no burden of minimum posts (like the campaign I'm a part of - Chipmixer).

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BitBustah
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May 15, 2019, 02:34:09 PM
 #60

Should this even be a discussion? The monetary value of members is now becoming the focus of members of the forum a typical example is the whole yobit discussion going on in the forum in the past days. We should focus more on, are legendary members or all members in general contributing more to the forum instead of concentrating on how much they're earning.

That is just the reality of the world,  Everyone uses money in the modern world. I'm guessing if there were no signature campaigns on this forum traffic would drop over 90%.  I don't see an issue with it as long as people contribute at the same time.
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