[FINISHED] 🔥🔥 COINSLOTTY SIGNATURE CAMPAIGN – 100$ p/w, funds escrowed 🔥🔥🔥

[Warkop]

Current amount of posts: 1239
EARNED merit in the last 120 days: 2
BTC Address for payouts:  bc1q6ka60p2yduwxqrf3ed283x2u36g6mj3rhysmex
Native German speaker: No

[cryptofrka]

We will keep the sign-up period open for another day or two while we do the final changes on the signatures, so please apply today or tomorrow if you plan on joining our campaign.

Thanks for all that applied, we'll select our new members soon

[mv1986]

Current amount of posts: 3722
EARNED merit in the last 120 days: 212
BTC Address for payouts:  bc1qum06cgtg5z2yzq4a8hxng5uhyww90jplsp35ms
Native German speaker: Yes

[Trofo]

We are starting the campaign with 8 members and I am quoting applications for all chosen members, you will also get a PM from me with your personal signature in next couple of minutes. For the time being we will use original signature, the one like I am wearing and not the one that is shown on first page. After you get the PM you can start with the campaign immediately or when current week in your campaign ends. Anyway you have to reply to that PM when you change the sig to ours and let me know you post count at that moment.

Please use these Avatars

AVATARS

Image url: https://i.imgur.com/XAfzuRK.png


Image url: https://i.imgur.com/yKyCqvo.png

Campaign spreadsheet will be live in a day or two and that is time when I will ask you to check your personal details once more.

We still have 2 places open which will ideally be filled with German speaking members but if we are unable to get them rest of you can still get chosen as well. Applications are still open but no need to reapply.

Thank you all for applications.

Current amount of posts: 6091
EARNED merit in the last 120 days: 105
BTC Address for payouts: bc1qweru28lxcppy05yv37ruy5vc6gqmr8qe026jd7
Native German speaker: Yes

Current amount of posts: 3722
EARNED merit in the last 120 days: 212
BTC Address for payouts:  bc1qum06cgtg5z2yzq4a8hxng5uhyww90jplsp35ms
Native German speaker: Yes

Current amount of posts: 773 including this one
EARNED merit in the last 120 days: 86
BTC Address for payouts: bc1qexulsxaeumzzt4ncaynltagrduuay3tf9vm4uv
Native German speaker: No

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=206159
Current amount of posts: 3908
EARNED merit in the last 120 days: 4
bech32 BTC Address for payouts: bc1qjqu3y67fpzqwc08l4fww8337yq2dpd4ssvndgv
Native German speaker: No

Current amount of posts: 1433
EARNED merit in the last 120 days: 151
BTC Address for payouts: bc1q3ha87zytcxxlxuk2kwl9cnjap4h6w0f2854sjz
Native German speaker: No

Current amount of posts: 1035
EARNED merit in the last 120 days:48
BTC Address for payouts: bc1q47vegnrxcrf6mqds2g0wfhtzfcltzzhanr0zl2
Native German speaker:  No

Current amount of posts: 482
EARNED merit in the last 120 days: 135
BTC Address for payouts: bc1qnt82azaptsfx2em7mn6nh5gapj947m869g6965
Native German speaker: No

Current amount of posts: 401
EARNED merit in the last 120 days: 148
BTC Address for payouts: bc1qcj739rwkf6lx3e94kc7uswxzvwks6y7mt3pgss
Native German speaker: No

[MainIbem]

Current amount of posts: 1944
EARNED merit in the last 120 days: 27
BTC Address for payouts: bc1qvgh8gupx8a7vuzwccxwvdupsew7mgkx9hl7w9v
Native German speaker: no

[hZti]

Current amount of posts: 1505
EARNED merit in the last 120 days: 75
BTC Address for payouts: bc1qkwmj9lqlt4sx795744q3gt2r4glgnu09tmsg9s
Native German speaker: yes

[cryptofrka]

Accepted! Welcome to the campaign!
We are now CFNP but if you're a renowned member from the German board and are interested in our campaign shoot us a DM and we'll see if we can squeeze you in somehow

Current amount of posts: 15893
EARNED merit in the last 120 days: 5
BTC Address for payouts:  bc1qpc4kwayeczuj4ak2xq2m0y0g84yfd5zvy9gwrw
Native German speaker: No

Current amount of posts: 1505
EARNED merit in the last 120 days: 75
BTC Address for payouts: bc1qkwmj9lqlt4sx795744q3gt2r4glgnu09tmsg9s
Native German speaker: yes

Harizen, hZti - we will send you your signatures with tracking links by the end of the day, we are waiting for them to be created.

________________________________

Thank you all for your applications, and better luck next time for those that weren't accepted at this moment. It was a hard choice between non-german spots.

[karmamiu]

Thank you for giving me a chance to work on this campaign under your management. 

[nakamura12]

They deserved it. Good luck guys.

Current amount of posts: 5322
EARNED merit in the last 120 days: 66
BTC Address for payouts: bc1q3uvz6unkm44we4e4jmwm3l8wxdwrnn3hy80209
Native German speaker: no

will update my signature and avatar once accepted

crap! I'm a bit late ahaha, will delete after 24 hrs.

You sure are late. 

[shasan]

You sure are late.  

Yes, but s/he would have a chance to be accepted if s/he would be a german poster as the campaign manager mentioned like below quote:

We are now CFNP but if you're a renowned member from the German board and are interested in our campaign shoot us a DM and we'll see if we can squeeze you in somehow Smiley

[Trofo]

Campaign payments

We believe most of you are aware of the current situation on bitcoin blockchain and its consequences on bitcoin transactions. In short terms, what costed a dollar few weeks ago can now easily come up even to several hundred dollars for big transaction like when we are making payments.

Bitcoin fees are based on size of the transaction data, calculated in bytes and then paid in sats - sat per byte. Every input and output address in transaction will raise the byte amount and transaction costs. Implications of this are that our transaction is much more expensive than simple tx when you just send from one address to another.
 
Since every payment you receive from us is separate UTXO this has another implication for you guys directly. If we pay you every week you have 4 separate UTXO at the end of month while if we pay you once per month you end up with 1 UTXO. This means that tx to send 400$ received as monthly payment will maybe cost you 20$ while transaction to send those same 400$ received as 100$ each week will cost you about 80$. Numbers are just to prove my point and could be a lot less or a lot more by the time you actually decide to make a transaction.
With that said I am asking each and every one of you to choose your preferred way to get paid:
•   Every week
•   Every 2 weeks
•   Monthly
•   You are fine with all above

We will monitor mempool closely and always try to make transactions in most convenient moments no matter what payment model we end up using. There is also possibility that we pay out some users on weekly basis while other on monthly. All depends on your voted preferences and mempool state. One month is absolute maximum we are willing to safekeep your money. More than that just introduces higher liabilities on our side.
Please fill out the form below, your answers will be kept anonymous but people will probably be able to deduct them from campaign table when they see transactions.

https://forms.gle/xcbL2iQJjkwS5bRW6

Here is also link to spreadsheet we will use to track your posts, please check your data, especially BTC address and let me know if something isn't right

https://cryptpad.fr/sheet/#/2/sheet/view/4M5e1TnGe1+6E24kn1B7dELWQzmXH9dIJgVXBElL71M/

[rby]

Campaign payments
With that said I am asking each and every one of you to choose your preferred way to get paid:
•   Every week
•   Every 2 weeks
•   Monthly
•   You are fine with all above

Necessity is the mother of invention they said. Apart from the mempool congestion issues, I strongly believe that some campaign participants would chose to be paid monthly, provided that the campaign manager is reliable to hold their fund like in this case.
My former campaign pays on the eve to weekend, which makes in most cases all my earnings go for beer for me and friends.  Monthly tippings could be cool for me.
Let's see if other campaign managers will toe this lane

Here is also link to spreadsheet we will use to track your posts, please check your data, especially BTC address and let me know if something isn't right

https://cryptpad.fr/sheet/#/2/sheet/view/4M5e1TnGe1+6E24kn1B7dELWQzmXH9dIJgVXBElL71M/

I waited for this to update my thread but it seems that the data here is not sufficient for me because I have seen some reputable members of this forum who already has been promoting coinslotty before the campaign was launched.

[Trofo]

I waited for this to update my thread but it seems that the data here is not sufficient for me because I have seen some reputable members of this forum who already has been promoting coinslotty before the campaign was launched.

This is official Coinslotty signature campaign, there is couple of us that are wearing signature from before but we all have our own deals. They may or may not be the same and those deals have nothing to do with Cro2. We are running the campaign and safekeeping the money for this 10 members that are mentioned in the sheet. Everything else was agreed before and has no direct links to this campaign.

[mv1986]

I would like to provide a reference point here: icopress made the last payment for the MixTum campaign yesterday and he sent to 65 addresses for a fee of 61.97 USD at a time when the network was extremely congested. It took the payment 20 hours or so to be confirmed.

In my humble opinion I think we can just observe the network, not push for a timely transaction and see if we get a chance to send it out at a reasonable fee to all at once. If it's two weeks until it is cheaper, I am fine with that, no problem. But we should not send to everyone individually. This obviously makes no sense (unless someone wishes so, of course). On average, the recipients in the transaction provided above paid an average of less than 1 USD (MixTum paid for it, but you get the point in terms of numbers).

[hZti]

Since fees are now already going down pretty quickly again, I would propose to just send the reward weekly, as it is usual. If the fees however rise till the next payday, for me it would be alright to just hold the payment until the fees are at an acceptable level again. This could in my opinion be up to one month.

[dkbit98]

With that said I am asking each and every one of you to choose your preferred way to get paid:
•   Every week
•   Every 2 weeks
•   Monthly
•   You are fine with all above

If funds are already escrowed like I think they are, than there should be no issue in waiting for payments on days when fees are lower.
This was usually during weekend but at the moment we can't predict exact situation and I think safer option is to have monthly payments, or whenever fees get low enough.
I am expecting another big jump in fees in near future because Bitcoin developers started working on disabling future ordinals, that means people will probably print a lot of ''tokens''soon

[Trofo]

If funds are already escrowed like I think they are,

Funds are escrowed on our wallet, there is link in the OP where anyone can check it if they want to

Thanks for all the inputs but main point of my above post was to get preferred way of payments from the 10 people that are part of this campaign. So if you are one of the 10 please just fill the form.

We would never had this conversation if mempool wasn't congested and its purpose is to ease our decision if we see extremely high fees when making payment. Money is already on our wallet and it will be used to the last cent for this campaign. Both Coinslotty and every participant should be happier if it isn't used on fees If all you opt for weekly payments we will just pay them weekly maybe a day later if there is peak in congestion. If all of you choose monthly we will look at broader things and not pay such close attention to local peaks and just pay out when situation calms down.

Please also consider the paragraph where I tried to explain the increased cost of your future transactions if your balance is made up of many UTXO before voting.

Today was a good day for mempool and it seems like things are getting back towards normal.

[cryptofrka]

Just to add - even if you all vote for monthly payments, we'd still process them weekly if the situation is normal.

Weekly payment is a forum standard we're not trying to change, we're just trying to collect input from our campaign members to see how much wiggle room we've got in highly unusual situations.

The only purpose of it is to give as much of the funds received back to the community to make both the campaign members and the employer happy.

[mv1986]

Campaign payments

-snip-
Bitcoin fees are based on size of the transaction data, calculated in bytes and then paid in sats - sat per byte. Every input and output address in transaction will raise the byte amount and transaction costs. Implications of this are that our transaction is much more expensive than simple tx when you just send from one address to another.
-snip

All of us have provided P2WPKH addresses, which leads to 31 byte per output. If you send a transaction to 10 people, that is 310 byte. The inputs are a bit bigger, in the case of icopress sending to 65 addresses, he used two inputs. Let's assume we use two inputs at 68 bytes each. On top is some minor stuff, we neglect that.

That is

310 bytes + 136 bytes, putting us at roughly 450 bytes. Even if the fees are nuts and are around 300 sats per byte, that would cost less than 40 USD. Most transactions go through using around 100 sats or even less right now and if a little bit of patience is ok for everyone, it can be even less than that.

But if you send single transactions, you have the bytes from the input(s) every single time. For 10 recipients, the inputs alone put you at 680 bytes, assuming you can use single inputs per output. It could be even worse. 10 x 68 bytes = 680 bytes ONLY the inputs from sending funds to everyone individually. Even the dust from metadata comes into play then. It would in a very best case scenario be at least twice as expensive if the funds are sent individually. I guess it is closer to 2.5x, 990 bytes + some dust 10x.

Just my two bytes

[Trofo]

Campaign payments

-snip-
Bitcoin fees are based on size of the transaction data, calculated in bytes and then paid in sats - sat per byte. Every input and output address in transaction will raise the byte amount and transaction costs. Implications of this are that our transaction is much more expensive than simple tx when you just send from one address to another.
-snip

All of us have provided P2WPKH addresses, which leads to 31 byte per output. If you send a transaction to 10 people, that is 310 byte. The inputs are a bit bigger, in the case of icopress sending to 65 addresses, he used two inputs. Let's assume we use two inputs at 68 bytes each. On top is some minor stuff, we neglect that.

That is

310 bytes + 136 bytes, putting us at roughly 450 bytes. Even if the fees are nuts and are around 300 sats per byte, that would cost less than 40 USD. Most transactions go through using around 100 sats or even less right now and if a little bit of patience is ok for everyone, it can be even less than that.

But if you send single transactions, you have the bytes from the input(s) every single time. For 10 recipients, the inputs alone put you at 680 bytes, assuming you can use single inputs per output. It could be even worse. 10 x 68 bytes = 680 bytes ONLY the inputs from sending funds to everyone individually. Even the dust from metadata comes into play then. It would in a very best case scenario be at least twice as expensive if the funds are sent individually. I guess it is closer to 2.5x, 990 bytes + some dust 10x.

Just my two bytes

Not important sice we would never send single transactions. Chances are minimal that we will do anything but weekly payments for whole campaign but we wanted to collect data to see our options in case things get worse. Imagine 5 people prefer weekly payments and 5 monthly. That saves us tx money for sure and keeps everyone happy.

If you insist on doing data to the byte than you have to account for actual situation. Our wallet is multisig, means longer addy means more bytes. We have 2 UTXO for 3 months of funds but we will use coin control and join them on some week that fees are low, even though we would prefer to do it this week and get it over with. This actually helps prove your point but as I said not that important since we are never gonna use single transactions.

We gave it for a vote thinking what we would have preferred in situation like this. For instance I know I would choose monthly payments to minimize number of UTXOs on my personal wallet. 3 months of weekly payments gives you 12 inputs. While montly payments give you just 3.