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Author Topic: Should some Bitcointalk's rules change now?  (Read 295 times)
PEANUTUT (OP)
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June 09, 2021, 02:30:30 AM
 #1

Donator:   Manually applied by administration after 10 BTC donation, and gets 5 gold coins under his name
of which the last is half green. 5 coins are shown regardless of post count when user is a Donator.   
VIP:   Manually applied by administration after 50 BTC donation, and gets 5 gold coins under his name
of which the last is half purple. 5 coins are shown regardless of post count when user is a VIP.

Now let’s see if this rule is too harsh. As the price of Bitcoin gets higher and higher, it is getting harder and harder to reach this level.
I think the price should be lowered to increase the sense of participation of newcomers
The price should be equal to the price of 50 bitcoins in 2013.
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June 09, 2021, 02:40:06 AM
Merited by Upgrade00 (1)
 #2

They are VIP for a reason, they are special. Why would you measure this rank by dollar? It shouldn’t be made cheap.
Besides, forum needs no more donation as it has some good funds in hand. If someone wants to donate, they should donate elsewhere so that needy can get that.

I can't see any reason to change this.

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June 09, 2021, 02:50:06 AM
 #3

Now let’s see if this rule is too harsh. As the price of Bitcoin gets higher and higher, it is getting harder and harder to reach this level.

We could also say that people who are planning on buying these ranks are going to be more incentivized to buy these ranks sooner because of the long-term price increase of bitcoin. And yea, like Little Mouse said, both are ranks that aren't even for the typical member. They're sort of "special" ranks for a reason.

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June 09, 2021, 03:05:34 AM
Merited by hilariousandco (1)
 #4

this has been discussed in the previous years and members are saying that it wouldn't be fair to the people who donated 50btc or 10 BTC to get the donator or the VIP status and besides I think the status has become a perk for the early donators of the forum.

The price should be equal to the price of 50 bitcoins in 2013.
but why? the Donators and VIP members didn't donate in dollars but in bitcoin.

here, read what the other members think about reducing the price of the donation to match the price of BTC in dollars in 2013Theymos should reconsider amount for "Donator" and "VIP" status.

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June 09, 2021, 04:36:38 AM
 #5

this has been discussed in the previous years and members are saying that it wouldn't be fair to the people who donated 50btc or 10 BTC to get the donator or the VIP status and besides I think the status has become a perk for the early donators of the forum.
I agree. It could be seen as perks for early adopters who were very influential in supporting the Bitcoin network to get to what it is today, lowering the bar to accommodate more people is not ideal and not necessary in my opinion.

Now let’s see if this rule is too harsh. As the price of Bitcoin gets higher and higher, it is getting harder and harder to reach this level.
But it's not really a rule, no one has to become a donator or VIP except they want to. Donations are also not needed by the forum anymore (partly due to early donation, besides funds directly generated by the forum).

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June 09, 2021, 08:47:35 AM
 #6

Even if you were in a position to refund the difference between the original amounts and your proposed new amounts to each of the people who originally donated, the answer would still likely be 'no'.  You don't get to diminish their contribution like that.  

Not everyone gets to make history.  Rare moments can pass you by.  Sometimes you do have to be in the right place at the right time in order to get certain things.  You don't always get a second chance.  Some things are unattainable.  They're just a few of those unfortunate facts of life.

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June 09, 2021, 10:29:30 AM
Merited by The Sceptical Chymist (2)
 #7

Once I made my account here, I had the same query, but it turns out that DooMAD is right. You should see this a little bit more ideologically. These people that donated didn't just increase the forum's liquidity; they joined and supported this new forum's experimental project called “Bitcoin”. Their donations didn't just mean financial support.

Bitcoin has got lot of support since then, but those people were the first ones that tried it. They had the chance to be a part of this very early and their activity contributed to the forum.

Besides, it doesn't offer you anything special rather than having a custom title and being able to post in an extra sub-forum. On the other hand, copper membership does and it changes if there's a variation in the exchange rate of dollars.

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June 09, 2021, 11:01:39 AM
 #8

Those donator and VIP titles and their requirements were from the early days of the forum, and if anything should be done, they ought to be tossed down the memory hole so people don't keep thinking there's a chance they can get the titles at a lower price--and this topic has come up often enough that I seriously doubt Theymos would even consider modifying the donation requirements, because he's never stated his opinion in any of the other threads if I recall correctly.

Nor does the forum need any more funds, so it's just silly all around.  Why would you want to pay what would likely still be an enormous amount of bitcoin just for a custom title on this forum, especially when the forum you're giving the money to either has no use for it or might even mismanage it?  I have no idea what bitcointalk does with its funds, but it's apparently not being used for anything constructive.  Mods don't get paid all that much from what I know, and the forum has a lot of bitcoin at its disposal.

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June 09, 2021, 06:24:45 PM
 #9

I have raised this question a long time ago as you can see above. But the community doesn't take it positively. So I don't think theymos will change anything right now. There are some valid points as well. First of all this Forum is Bitcointalk not a Usdtalk, so we can't judge donators and VIP title in USD. Forum has enough funds to continue manage this site, most probably that's the reason why admin isn't encouraged to modify that rule. On the other hands, who paid earlier to get these title through Bitcoin, they would regret. Because they made payments in Bitcoin although the price was low. I believe these rules not gonna change.

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June 09, 2021, 08:13:50 PM
 #10

I think maybe the old rules should start being enforced before we start adding new ones...

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June 09, 2021, 10:22:18 PM
 #11

This question was already discussed many times in past. And as you can see from answers above, there is some valid reasons why answer is no. After all, Donator and VIP rank isn't something what everyone must have. Yeah, now it's almost impossible to get this status. But I think it's OK, it's benefit for early Bitcointalk users.
And also, Bitcointalk now don't need for donations at all. So, for theymos there is no need to look for way how to attract more donations.

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June 10, 2021, 12:55:42 AM
 #12

I don't think there will be another batch of VIP and Donator in the forum again. People already got the price appreciation and I wouldn't be surprised if they don't care about statuses anymore over their bitcoins. I guess it's best to leave it like it was.
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June 10, 2021, 02:39:45 AM
 #13

The price should be equal to the price of 50 bitcoins in 2013.
but why? the Donators and VIP members didn't donate in dollars but in bitcoin.
theymos has long argued that the reason for the forum's vast wealth is because of capital gains that resulted from the forum holding onto donated coin instead of quickly converting them into dollars.

Donators and VIPs gave money to the forum when the forum really needed money. If not for these donations, the forum would not have been able to become what it is today. The forum also does not need money currently. For these reasons, I don't see the price ever being reduced.

Users can currently buy a copper membership that enables them to have the majority of the permissions of a member account, and many senior forum members have purchased copper memberships. It might be fun to create "chip" memberships (due to the shortage of chips) that give users permissions of a full member or a senior member, and possibly an exclusive sub that disallows signatures that only chips, donators, VIPs, and staff can post in.
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June 10, 2021, 11:12:12 AM
 #14

but why? the Donators and VIP members didn't donate in dollars but in bitcoin.
Good point!

Indeed, companies or tools that get earning in cryptocurrencies, Bitcoin, Ethereum or whatever else don't lose if they use what they receive as payments or donations.

I understand the value in fiat currencies will be big, obviously and undeniable but as said, for donators, they have huge money and if they are companies like above, they can donate if they want to contribute.

If you know the last donator (with 10 BTC) is Claymore, it makes sense. In 2017, Ethereum mining is very hot and Claymore is the mining tool for Ethereum miners.

The same goes for Bitcoin tumbler services like Chip Mixer.
The same goes for your trading fees: If you trade Bitcoin to USDT, pay your trading fees in BTC or USDT. If you trade ETH to BTC, pay your trading fee in ETH or BTC. Exchanges earn such money, depend on your trading. They earn more if you trade BTC, less if you trade shit altcoins. Trading fees are not fixed in fiat or stable coin.

Difference is officially from taker and maker fee (%), not from trading pair but in fiat value, trading pair makes sense.

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June 10, 2021, 01:09:55 PM
 #15

The donation page says that Bitcointalk collected its donations at a time when bitcoin wasn't worth anything. To be precise, they used the term "worthless". The page also states that the forum finances its operations from ads and they have a huge reserve of hundreds of bitcoins. The forum doesn't need or expects additional donations. Even if you lowered it to 1 BTC to become Donator or VIP, I doubt many would be interested.  

This topic introducer maybe seeking for an attention or either just posting because he need merit either wants he's rank to increase
That's a bad attempt dude, a very bad attempt...

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June 12, 2021, 01:31:38 AM
Merited by PrimeNumber7 (1)
 #16

Okay, thank you all for sharing your views.
1.This is the Bitcoin forum, not the US dollar forum.
2.This community has enough btc to manage and does not need more people to donate.
3.Even if it difficult to become these two levels, it will not affect our activities in the Bitcoin forum.
4.The people who donated Bitcoin in the first place were not just donations, but made great contributions to this bitcoin new project.
5.A unique perspective is if a refund is requested. Should the refund be btc or US dollars. Obviously it should be btc.
Sorry everyone, I am now aware of my selfishness
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June 12, 2021, 06:31:08 AM
 #17

Nor does the forum need any more funds, so it's just silly all around.  Why would you want to pay what would likely still be an enormous amount of bitcoin just for a custom title on this forum, especially when the forum you're giving the money to either has no use for it or might even mismanage it?  I have no idea what bitcointalk does with its funds, but it's apparently not being used for anything constructive.  Mods don't get paid all that much from what I know, and the forum has a lot of bitcoin at its disposal.
Well, let's just wrap it around this — Money is never enough! I'm yet to see anyone or read of such where someone said they've made enough money that they don't want to keep on making more. If that be the case, the ilks of Elon - Bill - Warren - Jeff - Carlos, just to mention but five, won't still be in business slaving for money. Besides, except someone is privy to the accounts of this forum, I don't think Theymos had mentioned that the forum has made more cash than it needs. As for the mods, could it because they don't get paid much that's why some of them do their jobs without precision and focus, given the nature of good posts they delete which they shouldn't so as to put up the impression that they're actually working? 🤔

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