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Author Topic: Will gambling signature promoters still get the same rate  (Read 358 times)
pilosopotasyo (OP)
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July 24, 2020, 04:49:09 PM
 #1

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.

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July 24, 2020, 05:13:54 PM
 #2

Depend on the campaign that you are promoting. Some manager can tell you early on a campaign thread as a warning that they can change the payment structure for participants at any time. Of course the increase in the price of bitcoin in large numbers is a factor that can affect that change.

For your dream, I only recommend that you continue to improve the quality of post and reduce the number of useless and useless post so that you have the opportunity to achieve higher ranking. If you have a high ranking, you have the opportunity to join a larger campaign that pay participant in bitcoin for every post you make. My hope, do not make a signature campaign just as an effort to get money for you, you must realize that you are paid to promote site with the best quality post.



You might not need to wait for more of the same answer in this thread from other user if you already have the correct answer. Immediately lock your thread if you have the answer. Good luck and achieve your dream.

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July 24, 2020, 05:23:43 PM
 #3

I have no idea about gambling campaign as I didn't monitor or check history of such campaign other than Chipmixer. Chipmixer is paying 0.00075 BTC per post for a long time now and it was same when BTC was $20k even.
I guess most of the campaign has their budget and if it surpasses their budget, they will be forced to lower the rate. Not every campaign can afford to spend such huge amount like Chipmixer.

You should move the thread to service discussion I guess.

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July 24, 2020, 05:27:06 PM
 #4

No project will over pay you for the same service they could get with less expenses. So if bitcoin was to skyrocket (which we are all praying for) to avoid bankrupting the casinos, they'll definitely reduce their payout in Bitcoin but could still be paying the same value in dollars.

Just take a trip back memory lane and you'll observe the steadily declining of Satoshi value for campaign promotion. Back then (in the early days) in matter of months you can easily earn 1 BTC from signature campaign but the possible of that happening now in a period of 2 years is unlikely (on average). I think with time, campaign would start tagging their payout to dollar value just to stay on the safer side of the bitcoin price volatility although that's not the dream.

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July 24, 2020, 05:46:57 PM
 #5

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.

Some of them pay fixed dollars in bitcoin, some others pay in bitcoin and they may or may not re-adjust their rates when bitcoin goes too high or too low. All depends on the particular business we are talking about.

Chipmixer (i know it is not a casino) has been paying the same bitcoin amount since they started their campaign here for example.

You can always dump your current signature when you feel you are getting underpaid and jump on the next one. The market will fix itself.

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July 24, 2020, 05:56:46 PM
 #6

There are two kinds of gambling signature participants here.

1- Paying in bitcoin but in dollar base (not fixed as a bitcoin payment). Usually, participants here will be appreciated if bitcoin price will drop so that the number fraction of bitcoin they will get will increase since bitcoin is very cheap to the value of a dollar.

2- Paying bitcoin (fixed amount weekly). These are a type of participants who will most likely happy if they will saw that the market was pumped. Just like you OP, paying per post and also me got reward in a fixed amount.

This circumstance of volatility that the price will have fluctuated any time I guess gambling operator already knows this.

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July 24, 2020, 06:00:01 PM
 #7

This is a very generic and broad question.Each gambling company has a fixed allocated  budget that they use for their promotion through signature campaign.Companies who are getting more visitors through their signature probably would keep paying the same.The ones with less exposure from signature promotion will probably adjust their payout in bitcoin according to bitcoin price movements.

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July 24, 2020, 06:06:39 PM
 #8

Many campaign will inform about the change in the payment when the prices spike to such extent. Nobody would be able to pay you the same amount if btc which they are say paying today with 9k rather per btc and when it reaches 30k. So either the fixed dollar rate will apply or either the satoshi per post will decline.

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July 24, 2020, 07:06:55 PM
 #9

That's why campaigns are already having fixed rate per week in USD so as to avoid these type of things. Like the campaign I am in currently, we are paid in bitcoin but the amount depends on the amount of BTC/USD on that particular day. Also, paying directly in USD specifically will open many problems such as relaying personal information and whatnot. It's on the discretion of a service whether to run their campaign with a fixed USD equivalence rate to BTC or to run a campaign pay-per-post with BTC used as value and not USD. Gambling operators make quite a decent sum of money so it depends what type of pay structure would they want for effective cost/performance ratio that isn't hard on their wallets.

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July 24, 2020, 07:14:37 PM
 #10

......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.......

Some of them pay fixed dollars in bitcoin, some others pay in bitcoin and they may or may not re-adjust their rates when bitcoin goes too high or too low. All depends on the particular business we are talking about.
............
Yeah that depends on the campaign itself or bounty master and might be they have some good reason for that.

By the way I see Op using signature bitvest, I hear little story about maybe when price Bitcoin around $3800 - $5000, that was ratio for price token bitvest has be change which now the ratio of token 10 time more low than before. From this I know that was some a project might be not pay base from Bitcoin but base from $$$

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July 24, 2020, 08:13:49 PM
Merited by Lanatsa (5)
 #11

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 depends on the management itself but in most cases they will surely adjust basing off on whats the current bitcoin price.They cant just able to retain the satoshi
value to be permanent and paying up premium for their marketing.Of course this is business side expense towards marketing but they they cant just let loose
or just make things happen without any alteration or adjustments. Dont expect much that they wouldnt make such changes because no business would spend up
that much.

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July 24, 2020, 08:20:23 PM
 #12

Obviously the conditions can change by campaign manager but there are exception campaigns like Chipmixer and old Yobit's "pay per post" campaign. The paid satoshi per post will decrease eventually and manager will warn about the possible changes if the sudden price pump happens in BTC markets.

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July 24, 2020, 08:39:21 PM
 #13

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.
Most of the gambling signature campaigns now pegged their payments against USD value. But for those who have been paying bitcoin, I'm sure they are going to adjust it, whether to pay in USD or reduced the amount of bitcoin. That's what happen in most campaign in 2017. And this starts the whole xx post = xx USD payment scheme in signature campaigns. And as far as I can remember only Chipmixer didn't alter anything.

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July 24, 2020, 08:42:05 PM
 #14

It really depends on the project though, if they have a fix allocation for all the payment then probably they won't be adjusting it ( but it is their right to adjust those funds, it's theirs) but if they do then they'll do it in all fairness. Some are using a third party service to pay their participants, these campaigns are more like won't be touching anything, you get what you read in the first page. But most of the campaigns now are in fixed dollars right? they are just converting it to btc so there will be no hassle when sending the payment. My campaign is on dollar based payment, and they are paying me in my registered account in their website, it won't be affected if ever bitcoin rises.

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July 24, 2020, 08:44:38 PM
 #15

Obviously the conditions can change by campaign manager but there are exception campaigns like Chipmixer and old Yobit's "pay per post" campaign. The paid satoshi per post will decrease eventually and manager will warn about the possible changes if the sudden price pump happens in BTC markets.

its the owner of the campaign that dictates it and he will give commands to the manager if he will change the rates or not  .  why chipmixer is in exception on here ? are thier rates already fixed ?  . i know yobit already start paying with thier tokens  . btc to 30k usd is alot and campaigns are going to decrease thier payrates a little but before , there are campaigns that didnt changed rates . it was awesome because we can earn larger enough than usual  . its helpful for those campaign that pays a little
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July 24, 2020, 08:58:28 PM
 #16

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.

In 2017, when bitcoin reaches or at least in a bull run, some campaigns adjusted their rate in reaction to this drastic price changes. So I would say that it will happen again if bitcoin goes to another all time high of $30k as you have said. I would say that you are not going to get $1 or more per posts, as campaigns will readjust their rates. And to counter this, most new campaigns are now paying USD in equivalent in bitcoin (fixed rates).

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July 24, 2020, 09:11:34 PM
 #17



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.

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July 24, 2020, 09:14:02 PM
 #18

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.

In 2017, when bitcoin reaches or at least in a bull run, some campaigns adjusted their rate in reaction to this drastic price changes. So I would say that it will happen again if bitcoin goes to another all time high of $30k as you have said. I would say that you are not going to get $1 or more per posts, as campaigns will readjust their rates. And to counter this, most new campaigns are now paying USD in equivalent in bitcoin (fixed rates).

All of them would really just do the same where they do set out USD rate equivalent in bitcoin on specific period of time on where they dont hassle up much of themselves when high volatility do happen.

For fixed  BTC rates campaign then they will surely adjustments when the price do hit up 30k on a certain time.You cant really expect that there would be some sort of holiday for long period.Yes, they might

make it long for its participants to cherish out that payout value but you should expect that it would changed out soon.

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July 24, 2020, 09:20:59 PM
 #19

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]









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July 24, 2020, 09:33:59 PM
Last edit: July 25, 2020, 01:39:07 AM by Beparanf
 #20

Some campaign have the fix amount in dollar so whatever the price that BTC will it will not be affected same with other altcoins. If amount did not mention in fiat then Rules will always depend on Campaign and the team if they will adjust it, some companies keep adjusting especially at the end of the campaign when there's few or more participant, hopefully they will stick on their words to Avoid any confusion, but before what ever the price posted in threads, it is the one that being followed all throughout which makes many earn a lot since btc and other altcoins were just started to rise those times.

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