Hhampuz (OP)
Legendary
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Activity: 3038
Merit: 6182
Meh.
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December 22, 2023, 08:31:01 AM Merited by LoyceV (6), mindrust (5), The Cryptovator (5), BlackHatCoiner (4), cabron (2), Marykeller (2), ABCbits (1), DdmrDdmr (1), Little Mouse (1), FatFork (1), Helena Yu (1) |
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I've been running campaigns for a long time now and have learned how to operate within the framework of the rules of this forum. In the past I may have wanted to do payouts in campaigns in a currency other than BTC and by doing so I've had to move my campaigns to the Altcoins board since the BTC service board explicitly required payments to be sent in BTC.
Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.
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AirtelBuzz
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December 22, 2023, 08:41:19 AM |
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Bitcoin transaction fees have skyrocketed due to the increase in the price of Bitcoin which has resulted in many people paying huge fees to make Bitcoin transactions.
$200 per week transaction fee seems too much to me.So if people working on your campaign accept Litecoin, USDT instead of Bitcoin, this transaction may not have to be hassled.
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Jawhead999
Legendary
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Activity: 1820
Merit: 1205
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December 22, 2023, 08:44:55 AM |
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You're correct, campaign that isn't paying in Bitcoin should be moved to Altcoins board just like this campaign [FULL] BK8 Signature Campaign | Full Member+ | Up to $100/week . You can still pay using altcoins and stay in service board, but the payrate in Bitcoin must be higher than altcoins. Now I realize which user you talked about, I'm going to report the thread and see what the result is. contests.
I'm not exactly sure about the rules for contests (need moderator/admin clarification), but for giveaway it's not allowed if you pay using altcoins.
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digaran
Copper Member
Hero Member
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Activity: 1330
Merit: 899
🖤😏
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December 22, 2023, 08:48:52 AM |
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I guess you could argue that they should move the threads to exchange board, since managers are keeping Bitcoin and paying with altcoin, right? If you want to be technical, but we are not admin/mod, they should tell you what is best, but if it's temporary, why bother?
Note, the important part is that they pay with BTC if you ask, but due to high fees, they also pay with alts.
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🖤😏
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Adbitco
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December 22, 2023, 08:52:58 AM |
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To me I didn't see any reason moving campaign to altcoin section because from the onset it wasn't altcoin based payment. For my suggestion since alternative means of payment is temporary you can still leave your campaign in the service section then your participants can pm you their alternative address for payments but still those addresses can remain hidden in the spreadsheet maybe only their btc address can be public. In every week you will give the values in BTC on spreadsheet while you send them the equivalent in their chosen alternatives of payment to their address. This is just my contribution to remain all your campaign in service sections.
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CryptopreneurBrainboss
Legendary
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Activity: 2436
Merit: 4286
eXch.cx - Automatic crypto Swap Exchange.
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Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? Is not alright, any campaign advertising payment in Bitcoin yet paying their participants with other cryptocurrency only without Bitcoin isn't meant to be on the Bitcoin service board. The thread should be reported and moved to the altcoin service board. Don't campaign have escrow, the escrow funds is meant to cover for everything involving the campaign so when there are high fees they can pay a moderate fee that'll get the transactions confirmed in couple of hours and the participate will have to be okay with that (that's if they can't pay high fee for the minutes confirmations). The high fees won't last forever so during this periods, that's a scarify we have to give. Staying with Bitcoin in this hard times is a scarify worth all the old times that the fees were low. Switching to a different coin, give that coin utility instead of Bitcoin so if they're not paying in Bitcoin then the projects don't deserve the publicity they're getting from launchings their campaign on the Bitcoin service board. Bitcoin service board = Bitcoin payment (altcoins can be bonuses) Altcoin payment irrespective of it been a stablecoin or not = Altcoin service board.
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Helena Yu
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December 22, 2023, 09:11:56 AM |
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This is tricky one because it just temporary. Someone could argue the thread shouldn't be moved to altcoin section, but isn't it more fair when the campaign should be placed on the respective place until the end of cycle? when the campaign pays in Monday using Bitcoin, the thread can stay in service board until Sunday. Next Monday when the campaign pays using altcoin, the thread should be moved to altcoin board (depends on how long it's). Then the thread can be moved to service board if the campaign pays in Bitcoin. you can still leave your campaign in the service section then your participants can pm you their alternative address for payments but still those addresses can remain hidden in the spreadsheet maybe only their btc address can be public.
You're actually tell a trick for manager to make their campaign stay in service board while paying in altcoins, I wonder if someone caught doing this, will he get temporary ban or not.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Gladitorcomeback
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December 22, 2023, 09:15:07 AM |
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Paying 200$ fee every week is looking bad , not good for business. If we charge whole fee from participants,it is also not looking fair so we have to find the solution which gives profit to both platform and participants. alts service section is not active like Bitcoin (maybe active after migration), I think Bitcoin service section is still a right decision.
Solution for high fee:
Ad BTC+LTC both payment optional until btc fee back to normal Member who choose BTC will bear the sending fee also.
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Oshosondy
Legendary
Offline
Activity: 1624
Merit: 1197
Gamble responsibly
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December 22, 2023, 09:17:37 AM |
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Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? Is not alright, any campaign advertising payment in Bitcoin yet paying their participants with other cryptocurrency only without Bitcoin isn't meant to be on the Bitcoin service board. The thread should be reported and moved to the altcoin service board. Don't campaign have escrow, the escrow funds is meant to cover for everything involving the campaign so when there are high fees they can pay a moderate fee that'll get the transactions confirmed in couple of hours and the participate will have to be okay with that (that's if they can't pay high fee for the minutes confirmations). The high fees won't last forever so during this periods, that's a scarify we have to give. Staying with Bitcoin in this hard times is a scarify worth all the old times that the fees were low. Switching to a different coin, give that coin utility instead of Bitcoin so if they're not paying in Bitcoin then the projects don't deserve the publicity they're getting from launchings their campaign on the Bitcoin service board. Bitcoin service board = Bitcoin payment (altcoins can be bonuses) Altcoin payment irrespective of it been a stablecoin or not = Altcoin service board. There is nothing not right about it, but if it is just a temporary solution. The fee is too costly. If Hhampuz only wants to do this temporarily until bitcoin mempool become not congest as it is now, he can pay in altcoins like litecoin. Bitcoin developers should do something about this and make transaction fee cheap.
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Husires
Legendary
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Activity: 1596
Merit: 1288
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December 22, 2023, 09:28:10 AM |
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1. If you use Bitcoin sidechain (layer-2) for payments, you will reduce the fees, keep topic in the Bitcoin board, and you can then use L-BTC or LN using a self-custodial wallet in the Bitcoin service board. 2. ask users to make Bi-weekly/monthly payments.
If that is not appropriate, you can move the topic to the altcoin board and invite users who show interest through PM.
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CryptopreneurBrainboss
Legendary
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Activity: 2436
Merit: 4286
eXch.cx - Automatic crypto Swap Exchange.
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December 22, 2023, 09:33:02 AM |
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There is nothing not right about it, but if it is just a temporary solution.
There's everything wrong with it dear, I run two Bitcoin campaigns on the forum and still pay in Bitcoin irrespective or the fees and my weekly budget isn't upto that of the supposed campaigns advertising on Bitcoin service board yet paying in altcoin. So because it's a temporary solution will that mean I can post an altcoin discussion on Bitcoin discussion board with the excuse that it's a temporary discussion? My post would be moved immediately to the altcoin discussion board when reported so those paying in altcoin should move their campaign to altcoins service board and when the fees return to normal, that they can pay then they move it back to the Bitcoin service board or pay part in Bitcoin and the rest in altcoins that would be acceptable instead of paying everything in altcoins yet advertising on Bitcoin service board. Hhampuz is very generous, other managers must not be as generous as he is to pay that much of a fee to get their transaction confirmed, you can pay lesser and still get your transaction confirmed in hours. Unless the forum administrators comes out to say it's okay (which I doubt they'll say so) I don't think it is. How will you feel seeing altcoins projects coming to post their campaign on the th Bitcoin service board and paying in altcoin, that's exactly what the supposed Bitcoin campaigns now paying in altcoin are doing.
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Oshosondy
Legendary
Offline
Activity: 1624
Merit: 1197
Gamble responsibly
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December 22, 2023, 09:50:03 AM |
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1. If you use Bitcoin sidechain (layer-2) for payments, you will reduce the fees, keep topic in the Bitcoin board, and you can then use L-BTC or LN using a self-custodial wallet in the Bitcoin service board. 2. ask users to make Bi-weekly/monthly payments.
Those side chains are also altcoins. Only lightning network payment will be valid but I do not think there are wallets that can give you send to many invoices.
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rat03gopoh
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December 22, 2023, 09:51:03 AM |
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Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.
I think there is no need to move for campaigns that are already running and have previously paid in bitcoin as a routine. If it is new campaigns, then it should be on the altcoins board. Unless you're in a condition which you able pay participants in bitcoin (as that is the original initiative), you can move it to the services board at that time.
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FatFork
Legendary
Offline
Activity: 1778
Merit: 2663
Crypto Swap Exchange
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December 22, 2023, 09:56:50 AM |
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I know some members are, to put it mildly, averse to 2-layer solutions, but wouldn't the Lightning Network be a viable solution in this case? Are second-layer payment solutions deemed Bitcoin enough to allow campaigns to remain in the Services section?
I think there is no need to move for campaigns that are already running and have previously paid in bitcoin as a routine. If it is new campaigns, then it should be on the altcoins board. Unless you're in a condition which you able pay participants in bitcoin (as that is the original initiative), you can move it to the services board at that time.
This is not good because it would create a loophole, where some campaigns could start paying in btc for, say, only the first week, and then switch to altcoins indefinitely after that.
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uchegod-21
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December 22, 2023, 09:57:56 AM |
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For my suggestion since alternative means of payment is temporary you can still leave your campaign in the service section then your participants can pm you their alternative address for payments but still those addresses can remain hidden in the spreadsheet maybe only their btc address can be public. In every week you will give the values in BTC on spreadsheet while you send them the equivalent in their chosen alternatives of payment to their address. This is just my contribution to remain all your campaign in service sections.
This suggestion is deceitful and to what end? Is it necessary to begin play a hide and seek game in an obvious situation of skyrocketed bitcoin transaction fees? The high fees won't last forever so during this periods, that's a scarify we have to give. Staying with Bitcoin in this hard times is a scarify worth all the old times that the fees were low. Switching to a different coin, give that coin utility instead of Bitcoin so if they're not paying in Bitcoin then the projects don't deserve the publicity they're getting from launchings their campaign on the Bitcoin service board.
Well, I think I understand the premise you are coming from. This is a bitcoin problem and switching to altcoins payment means an unsaid failure of bitcoin. It means bitcoin is unable to deliver the promise of multiple payments with low fee. If we move to altcoins payment, believe me that it will be in the history that in bitcointalk forum, bitcoin payment failed and they switched to so so alt coin. From the side of Hhampuz my manager. Moving a thread that has got much exposure in the bitcoin service board it the altcoins board will be a big distraction. I think paying a moderate fee and even if it takes a few days to confirm is fine or you can consider bi weekly payment.
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btc_angela
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December 22, 2023, 10:36:00 AM |
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Yes, our campaign started paying in BTC, however, we switch to USDT as the projects has problems with BTC since last year and in essence it was the right decision (even before the whole mempool congestion). Thus, payment is still weekly. And correct, if the project is not paying in BTC it should be reported and moved to the altcoins. As for the giveways, it should be in BTC.
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EarnOnVictor
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December 22, 2023, 10:36:13 AM |
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-snip- Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.
In my experience, a lot of CMs had paid BTC and altcoin together in the past and I don't think there is a place like a "service board" that is designated for altcoin campaigns. Even as it is, it is not that the CMs paying with altcoins will do this permanently, they are doing it temporarily to save their heads for now. They will surely return fully to BTC when the fee is back to sane amounts. It could be now, it could be tomorrow, nobody knows, so I don't see it as wise for them to be moving their campaign threads between sections. I believe this is right and wise at the same time. You can imagine spending as high as $200 on a campaign weekly just to transfer. That is so gross, to say the least. I advise you to follow suit if you know that LN will not work for your style.
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ajiz138
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December 22, 2023, 10:42:03 AM |
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You have many campaigns means more than $1000+ for the whole campaign payment fee, this is really not fair for you pack too much spending every week for fees.
There are many said solutions on the lightning network but so far there are still no managers who try to make this payment most of them choose the option on other coins to wait for the btc network fee to drop, but does the campaign thread moved to the altcoin board have a different exposure than on the bitcoin service?
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Helena Yu
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December 22, 2023, 11:01:31 AM |
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but does the campaign thread moved to the altcoin board have a different exposure than on the bitcoin service?
Isn't that obvious? who's watching the bounties section except bot? That section is full of spam and it's hard to see a good campaign on there, while in service section, it's a place where many people are waiting to see a new good campaign, contest, offering service etc. Also the big difference is service section has 0.1% chance to be scammed, while in bounties it's 99% chance to be scammed.
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stompix
Legendary
Offline
Activity: 3066
Merit: 6627
Leading Crypto Sports Betting & Casino Platform
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December 22, 2023, 11:09:12 AM |
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My opinion: - *** those rules - make a board for forum services only, including signatures, contest, reviews on the forum, ignore the payment options - everything that requires actions outside the forum keep it in the bounties section - stop with the stupid non-sense this is paid in doge so must go to this board this is btc move the topic there, waste of time! Seriously!
The whole thing starts to become ridiculous, first we dropped Bitcoin as a reference for payments because it was to volatile and everyone is paying $100, $200 instead of 0.05BTC but still in BTC, now we're finding even payments in BTC impossible also so we switch to altcoins. Rather than the whole mod team and admin focusing on where this topic goes they should channel their energy to try and pressure a change so the damn network works, that before the whole marketplace will look like Tron or Tether market!
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