cabron
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July 24, 2020, 09:39:53 PM |
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I'd like to believe they won't adjust unless they restart the campaign and hire someone else to manage it. Its the long-running signature campaigns that might actually be doing it but for those who run with a fixed amount in USD, they'd continue to do so. It won't affect them even if the price of BTC goes $250K. Just imagine how much a signature promoter could earn weekly if btc really would go $250k.
Well, I don't think perhaps my answer is no. The manager is only to manage but the one who hold for the budget is the owner. They had a privilege to change anytime the payment rate. But I don't see this, --even bustadice they are here for how many years but the rate is still the same and the price movement of bitcoin does not matter. I don't see a problem here, if the gambling company has seen the progress that they want to have ads here, they will continue their business. Indeed, the signature promoters will still get the same no matter what. We are lucky if the bitcoin price goes up. [for the BTC rate]If you say so. But there had been instances that the campaign changed its rates. Its not up to the participants but to the owner and restarting the campaign is just a way for them to do it. If bustadice doesn't do that and Chipmixer doesn't do that, its their rules. If it continues to do so, maybe we really need to move to lightning networks so that we can save satoshis from spending it to the fees.
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Saint-loup
Legendary
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Activity: 2786
Merit: 2428
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July 24, 2020, 09:52:36 PM Last edit: July 25, 2020, 12:43:33 AM by Saint-loup |
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I consider this as gambling related discussion but I can be corrected on where to move this topic, but what if in the next month Bitcoin suddenly jump to $30000 or more will gambling promoters still get the same rate that they are getting in Bitcoin like me I'm getting 3000 sats per posts will the developers and admin reduced the amount or retain it, this is one of my motivation in promoting gambling sites, I dream of getting $1 or more per posts equivalent when Bitcoin pump.
Very interesting point. In fact if promoters were paying this way I think it would help to stabilize Bitcoin but unfortunately they don't AFAIK. So they will certainly lower the bounties in BTC value
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Distinctin
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July 24, 2020, 09:57:04 PM |
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The trend has slowly changed, before the payment is just per sats or all btc, but now most campaigns payment are already pegged with the USD valued, they may or may not adjust it, that's according to their own discretion, there's only one campaign that are consistent with their rate regardless if the value of bitcoin will rise, and that is chipmixer.
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Lanatsa
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July 24, 2020, 10:23:46 PM |
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I'd like to believe they won't adjust unless they restart the campaign and hire someone else to manage it. Its the long-running signature campaigns that might actually be doing it but for those who run with a fixed amount in USD, they'd continue to do so. It won't affect them even if the price of BTC goes $250K. Just imagine how much a signature promoter could earn weekly if btc really would go $250k.
Well, I don't think perhaps my answer is no. The manager is only to manage but the one who hold for the budget is the owner. They had a privilege to change anytime the payment rate. But I don't see this, --even bustadice they are here for how many years but the rate is still the same and the price movement of bitcoin does not matter. I don't see a problem here, if the gambling company has seen the progress that they want to have ads here, they will continue their business. Indeed, the signature promoters will still get the same no matter what. We are lucky if the bitcoin price goes up. [for the BTC rate]If you say so. But there had been instances that the campaign changed its rates. Its not up to the participants but to the owner and restarting the campaign is just a way for them to do it. If bustadice doesn't do that and Chipmixer doesn't do that, its their rules. If it continues to do so, maybe we really need to move to lightning networks so that we can save satoshis from spending it to the fees. There are campaigns which havent changed up their payrate and as mentioned about Chipmixer which they are the highest paying campaign at the moment if we do base up on USD value. 0.0375/week on max post is hell of a paycheck on week basis.We dont know on why they havent changed it up but we know that it do also had cons because if btc drops then expect for the value to be lower but for not its still hard for it to happen and lucky for those participants who are part of it.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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TopT3ns
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July 24, 2020, 10:36:32 PM |
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I'd like to believe they won't adjust unless they restart the campaign and hire someone else to manage it. Its the long-running signature campaigns that might actually be doing it but for those who run with a fixed amount in USD, they'd continue to do so. It won't affect them even if the price of BTC goes $250K. Just imagine how much a signature promoter could earn weekly if btc really would go $250k.
Well, I don't think perhaps my answer is no. The manager is only to manage but the one who hold for the budget is the owner. They had a privilege to change anytime the payment rate. But I don't see this, --even bustadice they are here for how many years but the rate is still the same and the price movement of bitcoin does not matter. I don't see a problem here, if the gambling company has seen the progress that they want to have ads here, they will continue their business. Indeed, the signature promoters will still get the same no matter what. We are lucky if the bitcoin price goes up. [for the BTC rate]If you say so. But there had been instances that the campaign changed its rates. Its not up to the participants but to the owner and restarting the campaign is just a way for them to do it. If bustadice doesn't do that and Chipmixer doesn't do that, its their rules. If it continues to do so, maybe we really need to move to lightning networks so that we can save satoshis from spending it to the fees. well, this can be said to depend on the owner of the gambling place and the bounty campaign manager who regulates the campaign, sometimes the price can change but there is also a short-term price that will be fixed because only the bounty uses the long-term time which will have the potential to change the rate.
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batang_bitcoin
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July 24, 2020, 10:37:36 PM |
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If your manager decides to change that or the owner of the campaign, you will get an adjust but if there's none, nothing will happen. Your payment is as is, no matter what the price is, you will get the same amount. You are being paid with bitcoin not with dollar rates.
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cabalism13
Legendary
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Activity: 1428
Merit: 1166
🤩Finally Married🤩
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July 24, 2020, 10:39:41 PM |
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There are campaigns which havent changed up their payrate and as mentioned about Chipmixer which they are the highest paying campaign at the moment if we do base up on USD value.
But the thing is, they're a Mixer, though they use CHIPS as a unit of mixing. Bustadice, Crypto-Games.Net are the only ones I knew that haven't change their payments for a long time now, but if it wasn't just for payments there are already many out there who still runs on advertising their platform even though they already reached a hihh number of traffic. but now most campaigns payment are already pegged with the USD valued, they may or may not adjust it, that's according to their own discretion.
it's because they don't intend to run it for a long time.or maybe if they do, they just wanted it to be fixed as BTC keeps on changing its value. Most of the long term campaigns has BTC as payments whatever value it has on the market, besides they're already getting enough traffic and money, and paying a few BTC won't be a serious thing on them.
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n0ne
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July 24, 2020, 11:00:36 PM |
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These days most of the campaigns have changed their payments in terms of USD, paid with Btc. This means it'll not affect the gambling site that is conducting the campaign for its promotion even when there is very high level of price fluctuation. Right now few gambling based campaigns are with fixed price in terms of bitcoin.
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Bitcoin_Arena
Copper Member
Legendary
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Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
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July 24, 2020, 11:10:07 PM |
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If the rates are paid in BTC, under normal circumstance, most sponsors would be compelled to adjust the rates. If you want to enjoy the massive profits from the money made during campaigns then you have to keep it untouched and wait for the bullrun.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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July 24, 2020, 11:35:06 PM |
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I consider this as gambling related discussion but I can be corrected on where to move this topic, but what if in the next month Bitcoin suddenly jump to $30000 or more will gambling promoters still get the same rate that they are getting in Bitcoin like me I'm getting 3000 sats per posts will the developers and admin reduced the amount or retain it, this is one of my motivation in promoting gambling sites, I dream of getting $1 or more per posts equivalent when Bitcoin pump.
Just mind it once Bitcoin finally jumps on that price level. Some campaigns are also paying their participants in USD-based so not totally affected at all even Bitcoin goes into the moon tomorrow. For BTC payout, you will just know the decision of your campaign owner once the moon price happened. But before anything else, don't stop working on the improvement of your account and rank up so that your future rate will be increased too in the signature campaign (depends on the campaign you have joined).
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TimeTeller
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July 24, 2020, 11:41:39 PM |
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I consider this as gambling related discussion but I can be corrected on where to move this topic, but what if in the next month Bitcoin suddenly jump to $30000 or more will gambling promoters still get the same rate that they are getting in Bitcoin like me I'm getting 3000 sats per posts will the developers and admin reduced the amount or retain it, this is one of my motivation in promoting gambling sites, I dream of getting $1 or more per posts equivalent when Bitcoin pump.
Just mind it once Bitcoin finally jumps on that price level. Some campaigns are also paying their participants in USD-based so not totally affected at all even Bitcoin goes into the moon tomorrow. For BTC payout, you will just know the decision of your campaign owner once the moon price happened. But before anything else, don't stop working on the improvement of your account and rank up so that your future rate will be increased too in the signature campaign (depends on the campaign you have joined). As I have seen here in the forum, when there is significant change in bitcoin price, the owners adjusted the rates accordingly. But of course, if they have fix payment in USD, then, more than likely they will keep the rate. I do agree with your suggestion, the OP should continue doing his work here to step up his rank and that would be a good improvement in his payment level.
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Kemarit
Legendary
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Activity: 3262
Merit: 1386
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July 25, 2020, 01:06:46 AM |
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For the record, Chipmixer is not a gambling signature campaign, so we can't really compare them to the rates of gambling related signature campaigns.
As far as I remember, this are the campaigns that changes their rates during the "moon" of Bitcoin prices.
1. Bitdice 2. Crypto.Games
So there's a possibility that the OP's current campaign might change the pay rate, IMHO>
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Janation
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July 25, 2020, 01:51:04 AM |
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Obviously the managers will prompt members that they will be changing the rates.
As they said, no signature campaigns will be be overpaying its members. But that would be another matter if they get overpaid like thry sent double the amount of the said payment.
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robelneo
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July 25, 2020, 01:57:59 AM |
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I doubt if that's going to happen, although there are some campaign that did not adjust their price the gambling industry is a very stiff competition and they want maximum promotion at the price range that is acceptable to both management and bounty hunters so if the usual rate is $50 per week in dollar I doubt if they are going to give $ 150 per week if the current rate surge three times. We always go for the standard acceptable to both parties.
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Fundamentals Of
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July 25, 2020, 02:16:06 AM |
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I consider this as gambling related discussion but I can be corrected on where to move this topic, but what if in the next month Bitcoin suddenly jump to $30000 or more will gambling promoters still get the same rate that they are getting in Bitcoin like me I'm getting 3000 sats per posts will the developers and admin reduced the amount or retain it, this is one of my motivation in promoting gambling sites, I dream of getting $1 or more per posts equivalent when Bitcoin pump.
There is no fixed rule for this. Gambling signatures belong to different gambling companies or sites. They may have different takes on it. I think if the price is increasing more than double or triple, the payment will also be reduced. This is already what's happening to gambling signature campaigns which are paying in BTC but whose amounts are fixed in USD. If the price of Bitcoin falls, the amount in BTC paid is higher and when the price of Bitcoin increases the amount of BTC paid is lower.
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smyslov
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July 25, 2020, 02:25:01 AM |
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I love to see that happen but still subject to management discretion I am not into very high pay I just want continuity with a good rate just like the current campaign I am in I'm happy to be here promoting a reputable gambling site, with a good and acceptable rate I hope my current campaign last for three more years or even longer.
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peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
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July 25, 2020, 02:27:45 AM |
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I consider this as gambling related discussion but I can be corrected on where to move this topic, but what if in the next month Bitcoin suddenly jump to $30000 or more will gambling promoters still get the same rate that they are getting in Bitcoin like me I'm getting 3000 sats per posts will the developers and admin reduced the amount or retain it, this is one of my motivation in promoting gambling sites, I dream of getting $1 or more per posts equivalent when Bitcoin pump.
It happens many time that when the Bitcoin price Goes High then the payments( if made from Bitcoin will surely adjusted on what the value when the campaign starts)though some are not those company that has allocated the budget for the said advertising. also this same reason why the most campaigns now pays in Dollar so they are safe even what happens in the price of bitcoin.
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michellee
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July 25, 2020, 04:01:47 AM |
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I will say that it will depend on what the owner wants. The owner can use whatever he wants to promote his gambling site, whether he will pay in bitcoin rate or usd rate and pay in bitcoin form. Some gambling websites already use some fixed amount, such as $20-$30 a week, but you will get the bitcoin as the payment.
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shoreno
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July 25, 2020, 04:21:18 AM |
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They always give standard payment which is acceptable to the site and bounty campaign, of course, they want to attract the best posters but I don't think they are going to give higher than $100 per participants they have a business to protect and they want as many participants as possible, let's just be happy that they have a bounty campaign that pays in Bitcoin.
this isnt applied to the bounty campaigns but its for signature campaign only because they pay in bitcoins . sig campaigns paying in btc do have a standards because they give sure payments and they only choose quality participants . bounty or sig campaign , no one will give 100 usd or under than that because thats too low . you will only get few participants and few weeks of promoting your site with that amount . we know that the longer the better for more exposure and familiarity
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NavI_027
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July 25, 2020, 04:22:10 AM |
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Actually, it's very rare to see a campaign increasing payment. Usually, the pay rate decreases due to certain reasons like the performance of the participants, they want to extend the campaign without releasing more fund and of course the market decline. I don't want to burst your bubble kabayan. Maybe you can be able to experience such thing if you go here couple of years back when the crypto market is very lively . I love to see that happen but still subject to management discretion I am not into very high pay I just want continuity with a good rate just like the current campaign I am in I'm happy to be here promoting a reputable gambling site, with a good and acceptable rate I hope my current campaign last for three more years or even longer.
I once became a member of the gambling site you are promoting and you are right! There is a pro and con. Con: you will have a low pay rate as you go down the tier. Pro: Consider yourself lucky for joining such campaign because it was reputable. No worries of getting scammed. And that is one of the longest campaign in this forum so you can exepect that you will continue earning (seems lifetime hahaha ).
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