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Author Topic: Why is merit not common on trading discussion board  (Read 519 times)
_BlackStar
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April 18, 2024, 10:18:53 PM
 #21

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
Most likely - there are many achievement sources that have high standards for distributing achievements among user posts. They don't spend too much time getting some posts on boards that have a lot of spammers and low-quality posts – one of which might be a trading discussion board.

This is not a failure of the merit system, but each merit source has its own interests and standards in distributing merit. I also noticed a lot of things that many users might not like - this includes providing many merit to merit sources, not for non-merit source users. On the other hand - every user has the right to spend his merit to anyone he deems appropriate, even if only providing them to posters in a certain board.

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EL MOHA
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April 18, 2024, 10:52:39 PM
 #22

What would you post there that's worthy of merit? An analysis piece maybe? Some data?

From my observations most seasoned members of this forum aren't that much interested in taking risks trading and would rather have a job contributing to something or just hodl their BTC. Historically simply HODL strategy has paid off very well for those that didn't trade at all. Trades have the risk of blowing up in your face or leaving you with losses or at least impermanent losses. Whereas BTC seems to have only kept going up against the dollar in the long run.

Now this is where the trading Board is very well undermined or under appreciated. First of all what you just described is apparently more of a future trading which we all know is risky, same as gambling which also has its board and requires attention too. But I will like to say trading spans a lot more than the leverage trading you are talking about. There are other options like the P2P trading, spot trading which are not gamble and are essential part of bitcoin. Members can ask related questions like they do on technical board or members can create threads explaining functions too. Also to be frank just as fundamental analysis is important, Technical Analysis too is very important too, because even some one that DCA is holdings can catch a perfect entry over time if they have technical analysis combine with fundamentals. So I disagree and say that there are many post that are worthy to be merited on that board too

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April 18, 2024, 11:57:15 PM
 #23

Apparently yes.

Any member can send merits for any post they want. I have seen merit sources give (what I would deem to be) far too many merits for a single post that did not resonate with me in the same way as it did with them. Not only merit sources but non-merit source members also give merits as and when they want. There is no fixed board or topic that should hold priority over another, it comes down to the individual.

Is there no partiality in merit giving and receiving?
Yes, I have to agree. There’s no specific board where merit sources are advise to give their merits, but it all boils down to their own choice or preference as to what type of post they are going to merit. And in case if this trading discussion board receives less merits, most probably the answers to the thread are not meritable. That’s only from my own personal point of view.

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April 19, 2024, 02:32:00 AM
 #24

Yes, I have to agree. There’s no specific board where merit sources are advise to give their merits, but it all boils down to their own choice or preference as to what type of post they are going to merit. And in case if this trading discussion board receives less merits, most probably the answers to the thread are not meritable. That’s only from my own personal point of view.
If it is not your favorite board and you don't have proper knowledge for discussions on that board or just simply lack of interest to read discussions in your non-favorite board, it will less likely you will thoroughly read and merit posts in that board.

It's personal favorite and habit of reading and distributing merit but if in general, a board has limited merit distribution, I am keen on quality issue of posters and posts in that board.

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April 19, 2024, 05:30:52 AM
 #25

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?

There is no partiality in doing merit distribution process, what i only want to draw your attention on is the various pattern some of the merits sources are using in giving their merits, such may not really works on the board in question and some other board, a merit source may choose to focus on economy and bitcoin discussion board, while some other may have theirs under application for review, local boards and the likes, if i may go by your question, then we have enough numbers of boards aside trading discussions lacking merits, maybe if Theymos should later consider adding more sources, it may help with the circulation as expected.

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April 19, 2024, 07:36:14 AM
 #26

From my perspective, this thread was an unnecessary enterprise and probably should not have been started. The same questions have been asked over and over again over a period of time and keep getting asked again and again, over and over. All that seems to sometimes changes are the words but the messages is the same.

In the end, as long as there is no merit abuse taking place members will merit posts according to their own criteria regardless of how it does (or does not) resonate with anybody else whether it is on the Trading board or elsewhere.

Yes, I have to agree. There’s no specific board where merit sources are advise to give their merits, but it all boils down to their own choice or preference as to what type of post they are going to merit. And in case if this trading discussion board receives less merits, most probably the answers to the thread are not meritable. That’s only from my own personal point of view.

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April 19, 2024, 08:15:14 AM
 #27

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
Yes, friend, there is a huge partiality going on in that regard and it has been so discouraging since I joined this forum. This is Bitcointalk for you, the sentiment of the forum is too biased towards some sections and will not help other sections which are equally important, especially if there are experienced traders who want to share valuable knowledge to help beginners.

Come what may, good trading education and responses, and quality speculations should garner enough merits, but the reverse is the case. Except for a few who are believed to be "respected members" who sometimes post lesser quality posts compared to those they ignored. Some of these posts are even lies (I've caught a few), but still garnered enough merits because a certain person posted them.

More dedicated merit sources in those sections (Trading & Speculation) are needed. I mean those who are truly trading inclined (not the fake ones with good profiles) and are active traders with passion, they should be assigned to those sections.

Trading made Bitcoin what it is today, not the technicality alone and I wonder what Bitcoin will look like if trading stops this minute.

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April 19, 2024, 09:11:21 AM
 #28

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
You see, discussions of trading are not even worthy of merit, not to mention full-fledged engagement in this type of activity. Grin

Merit discrimination in trading discussions? We urgently need to allocate merit quotas! Smiley

But seriously, it means (subjectively) these posts don't deserve merit, because any assignment of merit is very subjective due to the (personal) characteristics of human nature.

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April 19, 2024, 09:14:14 AM
 #29

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
Invariably, your question could be asked as thus; why is merits not common in other boards apart from the technical board. Also, it could be asked why every answer in technical board will receive merit but not applicable to other boards.

When I was new in the forum, I was told that every board has their respective merit sources. This means trading board and as well as other boards have their merit sources and these sources have forgotten where they were allocated, they should be reminded to pay much emphasis on their allocated boards.

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April 19, 2024, 10:03:49 AM
 #30

I have also noticed that the threads/posts on the trading discussion board don't get many or any merits. What I think is that the merit sources aren't much interested to spend their sMerits on those boards and that's why posts/thread don't get many merits on those boards.

However,  in technical discussion, most merit sources merit the posts/threads, but most of the merits are often given to the ones who already have more than 1000 merits. Only a few newbies or low rank members get merits from those boards.

I know the members with 1000 + merits have deep technical knowledge than anyone else and that's why they get those merits. However, if someone who has deep knowledge about trading, and that person may not get required merits for the posts/thread then that's somewhat unfair.

Another reason for few merits on that boards could be the availability of merit sources on that board. Like in gambling board very few merit sources spend their sMerits and that could be the case with that board as well. I believe a good solution would be to appoint merit sources for that board so they could merit the valuable posts/threads.

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April 19, 2024, 10:46:09 AM
 #31

I know the members with 1000 + merits have deep technical knowledge than anyone else and that's why they get those merits. However, if someone who has deep knowledge about trading, and that person may not get required merits for the posts/thread then that's somewhat unfair.
Life is not fair but if you can make good posts, you will earn merit. Just quickly or slowly earn merit, difference is rate of earning merit.

If a poster can not earn merit, it is about post quality and boards are no longer reasons for that user. Because after a long time of writing many posts, no single earned merit, it means something about actual post quality of that user.

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April 19, 2024, 11:12:26 AM
 #32

~snip~
I am not talking about spamming, I am talking about posts that are worth to be given merit.


You have to accept that some boards are simply "uninteresting" for the majority of merit sources, although we cannot say that they are the only ones responsible for merit distribution, considering that anyone can send merits if they have them on their "merits account". I'm not saying that there are no quality posts in Trading Board, but there is also a lot of spam, especially in topics that have more than 10 pages.

If you think there are really good and quality posts that deserve merits, there are forum members who are merits sources and have topics where such posts can be reported. I don't see how in any other way someone can be "forced" to browse that part of the forum and look for quality posts.

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April 19, 2024, 12:04:36 PM
 #33

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
I have always considered most of the posts on all the "Discussion" boards to be spam and low quality. There are a few gems on each of the boards, don't get me wrong, but a very large number of the posts are from sig spammers and are filled with trash content.

If a merit source also feels this way, they will likely avoid that section. I'm not saying they all feel that way, it just could be the case.

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April 19, 2024, 02:23:44 PM
 #34

If a poster can not earn merit, it is about post quality and boards are no longer reasons for that user. Because after a long time of writing many posts, no single earned merit, it means something about actual post quality of that user.
I'm not talking about single merit but talking about merits that posts/threads receive in board where the merit sources spend more time.

If you check the WO thread, and technical discussion board then you'll see that the number of merits per post in those areas of the forum is much high as compare to that of gambling boards.

I believe that no matter how good quality posts you make, if those aren't noticed or read by the merit sources or the ones who have sMerits then getting merits for those posts/threads isn't easy.

I know there are reputed merit sources who run their threads to help/support such threads/posts, but those members have to wait months to get some merits on their posts/threads.

While the ones who make good and valuable posts/threads in trading discussion board that's the one which OP mentioned may not get merits for such valuable posts/threads and some of those posts get unnoticed.

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April 19, 2024, 03:14:35 PM
 #35

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?
I find trading discussion board a little boring. It's full of the same questions and same answers and I guess people with lots of merits rarely visit this board. The same applies to gambling discussion and some other boards. Technical board is most merited board because it's hard to give an answer to technical question. Any random guy can easily read and write an answer about how to control emotions in trading but one can rarely answer to hard questions and problems that are asked in technical board. So, that's the case and it looks very normal and logical for me.

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April 19, 2024, 03:27:40 PM
 #36

I think there are more merit sources who are not traders.

I can attest to being one of those, as I've had the section on ignore for as long as I can remember.  IIRC most of the threads deal with TA, and even if I was a trader I don't believe in chart-watching voodoo pseudo-science-y stuff like that.  The only reason I haven't put Speculation on ignore as well is because occasionally I like to jump in when bitcoin is being extremely volatile and either post my enthusiasm or some such thing, but that section is also pretty much the same stuff all the time.

Suggestion
- a frequent high ranking user on the merit board can apply to being a merit sources
- if you think a post deserves to merited, there are threads that you can submit them to like the one by fillippone.

Trading Discussion probably doesn't need a merit source dedicated to it (I think the local boards need them much more), but your second suggestion is a good one, and members can always PM me to request a post history review.  I'm still doing them, albeit with much delay these days.

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April 19, 2024, 04:00:36 PM
 #37

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit. Sometimes like 1 out of 20 or 30 or more, you will only be given just 1 merit. If it is technical board, any useful answer will be bombarded with merits.

Is there no partiality in merit giving and receiving?

Going directly to your question, the merit system cuts across the whole board as there were no exemption of any board for merit but just that discussions in some boards may not be to a standard of earning merits. There is no partiality in merit circulation because most merit sources focuses most of their interests in technical and informative boards.

Giving answers to questions doesn't necessarily mean you would be awarded for the knowledge you have given out to that topic because there are some threads that requires a direct question and you will see a lot of users saying almost same thing. Does it mean that they should all be awarded merits because they all got the answers right? Obviously not.

When talking about the trading board not getting enough merit, there are also other boards that get few or no merit so I assume it is just lack of quality discussions in those sections.

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April 19, 2024, 04:20:14 PM
 #38

Trading Discussion is often becoming filled with people filling their posting quota and posting only for the same. That and the fact that sources tend to merit those whom they have already merited in the past, adds to the fact that merit received in that section by a post is much less in number than another section.

There are so many sections of this forum which have names tarnished to be "shitposting paradise" sections and ignored by sources, TD often becomes like that too. Helpful posts often get buried under the cesspool and I dont see any solution at this point to this.

R


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April 19, 2024, 04:25:34 PM
 #39

Trading Discussion is often becoming filled with people filling their posting quota and posting only for the same. That and the fact that sources tend to merit those whom they have already merited in the past, adds to the fact that merit received in that section by a post is much less in number than another section.

There are so many sections of this forum which have names tarnished to be "shitposting paradise" sections and ignored by sources, TD often becomes like that too. Helpful posts often get buried under the cesspool and I dont see any solution at this point to this.

In addition to this, Most of the merit source or high smerit users usually hangout on Bitcoin technical board that’s why it’s the most popular board for smerit distribution.

All that you mention is accurate. That is the reason why only few merit sources merit that board because the topic is already recycled when there’s a movement in the market. I believe merit source only visit this thread intentionally if they are reviewing someone post in that board.

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April 19, 2024, 04:29:52 PM
 #40

maybe if Theymos should later consider adding more sources, it may help with the circulation as expected.
More merit sources would increase merit circulation, but i read in one user's merit source application topic that Theymos is not considering adding any new merit sources, so this is not an option right now.
When talking about the trading board not getting enough merit, there are also other boards that get few or no merit so I assume it is just lack of quality discussions in those sections.
That is your own subjective believe and that of others who think the same way. If there are good posters who post there, they would definitely be asking the same question OP is doing, even though i don't think it is going to yield anything.

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