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Author Topic: Why is merit not common on trading discussion board  (Read 521 times)
Ludmilla_rose1995
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April 19, 2024, 05:01:09 PM
 #41

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'm not very active and visit the trading discussion board, but I see that some of the members who make posts there don't really deserve merit, because many of the ones I see just answer like normal answers

different from the members who are active in technical bitcoin discussions, they help solve a lot of technical problems regarding Bitcoin and Bitcoin wallets, so they deserve to be given merit

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April 19, 2024, 05:13:26 PM
 #42

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.

The trading section is unarguably filled not with shitposters only, but with posters who have neither tried trading full-time nor intend to, nor even fully understand what trading and the strategies of trading are.

Besides people using the trading section to fulfil their quota as you have mentioned, I think any thing or initiative that has come out of cryptocurrency and in this case Bitcointalk forum is good, and it should be an environment which encourage more ways to earn and benefit from, not some calling others who are being serious as hustling here or poking at posts and ideas we don't agree with.

More creative post will secure more merits from whomever has them, and it is more guaranteed to produce merits than who one who makes more of criticizing posts.

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April 20, 2024, 03:26:17 AM
 #43

The trading section is unarguably filled not with shitposters only, but with posters who have neither tried trading full-time nor intend to, nor even fully understand what trading and the strategies of trading are.

Well, many people who jump into trading tend to do so thinking that they are going to get rich with little capital and leverage because they follow the influencer of the moment. To some extent it is a board like gambling, but less spammy I would say. However, it has many similarities. Today I have seen talk of degenerates in terms of traders and in that I think many of them are similar to degenerate gamblers. I am not surprised, then, that not many merits circulate on that board just as they do not circulate on the gambling boards.

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April 20, 2024, 06:10:02 AM
Last edit: April 20, 2024, 05:46:25 PM by Rikafip
 #44

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.
That's simply because most of the quality posts are written by Legendary memnbers, and not because people don't want to merit lower rank member's posts. And situation is pretty much similar on the frst of the forum because there is a lack of quality new members.


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.
There are plenty of merit giveaway threads where anyone can report posts he belives deserve more merit.


I believe a good solution would be to appoint merit sources for that board so they could merit the valuable posts/threads.
Just because merit/post ratio on a certain board is low, doesn't mean that automatically needs a dedicated merit source as you have to take into consideration quality of discussion as well.

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April 20, 2024, 07:01:57 AM
 #45

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?
The reason is simple, the technical board have more quality post than the Trading discussion section of the forum where people are merely recycling information copied from different website in the name of technical analysis. Besides, to contribute in the technical board, you must be knowledgeable about what you are posting, and that is the reason you see less spamming there. There may be other reason but these are just my observation.
You're not correct mate, you can't just assume that there is more quality posts in the technical board than we have in the trading discussion board, maybe you are no trader and don't visit the trading discussion board often  and that's why you have this view of yours.

It is glaring that we have a lot of members that are knowledgeable in trading than we do in technical and that's why you will simply see those quality posts there in the technical right from first page. Unlike trading discussion board where a mixed multitude is found, if merit source could walk through the board and major their rate of merit rewards to those quality posts amidst the less quality, that alone could be an encouragement in regards to the complain OP is making, and in extension encourage those with less quality post or recycling as you termed it to work on their knowledge in order to do better by creating high quality like their counterparts in that board.
 
Trading in bitcoin is as important as the technical aspect of it and the two can't be overemphasized or exhausted in as much as bitcoin or cryptocurrency is concerned.

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April 20, 2024, 07:55:29 AM
 #46

if merit source could walk through the board and major their rate of merit rewards to those quality posts amidst the less quality, that alone could be an encouragement in regards to the complain OP is making
Wait, why you blame the merit source? Huh

They're not the one who have sMerit, even they distribute their merit in other boards, those users who received the merits can distribute to Trading Discussion Board. Trading board is active, not like in Serious Discussion, so they shouldn't give an excuse if they didn't aware with Trading Discussion Board.

In addition, anyone has a same chance to report his post to [self-moderated] Report unmerited good posts to Merit Source.

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April 20, 2024, 09:55:46 AM
 #47

It could be because of the excess of low-quality posts in the section, but if you think that the problem exists because of a lack of merits in circulation in that area, then that problem can only be solved if there is a dedicated merit source assigned to that board.

It should be someone who is generally active in there so that he can open and read each thread to see if they can find merit-worthy posts and merit them. Normally if there are a lot of low-quality posts, as said by others, most merit sources or people carrying a lot of smerits to give away will have the board on ignore, but an active and dedicated merit source will go through it all.

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April 20, 2024, 10:01:17 AM
 #48

...then that problem can only be solved if there is a dedicated merit source assigned to that board.
This will be the best solution. It is easy to say there are only low quality posts in a particular section and not visit that part of the forum at all contributing to the low quality there. Merit sources do not visit those boards and are not obligated to if they are not designated to that board. Some have those boards on ignore so any quality post there will not get noticed and there is no incentive for users to put in any effort to contribute constructively.

Or I am the hopeful one and those boards are lost causes.

- Jay -

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April 20, 2024, 10:18:14 AM
 #49

This will be the best solution. It is easy to say there are only low quality posts in a particular section and not visit that part of the forum at all contributing to the low quality there. Merit sources do not visit those boards and are not obligated to if they are not designated to that board.
No contract between theymos and merit sources that after a merit source applies and gets approval to be a source, the merit source user will have to use sourced merit for distribution in one or two boards only. It's free to distribute merit to any board if the merit source sees good posts.

Quote
Some have those boards on ignore so any quality post there will not get noticed and there is no incentive for users to put in any effort to contribute constructively
Merit sources don't have time to read all posts of the forum, in all boards. Theymos does not ask merit sources to do it, it's a free job and they are volunteers to be merit sources.

If merit sources distribute sourced merits to good, quality posts, they complete their tasks, no more stress.
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April 20, 2024, 10:24:52 AM
 #50

No contract between theymos and merit sources that after a merit source applies and gets approval to be a source, the merit source user will have to use sourced merit for distribution in one or two boards only. It's free to distribute merit to any board if the merit source sees good posts.
Being a source is voluntary work, meaning there is no actual contract between them and theymos, but some are designated to boards (which they applied to) to improve the flow of merit there, we have merit sources for local boards. It is not a rigid arrangement and the user can merit outside the local board too but have an obligation to merit in that board.
It goes without saying that users only apply to be a source for a board they frequent.

Merit sources don't have time to read all posts of the forum, in all boards. Theymos does not ask merit sources to do it, it's a free job and they are volunteers to be merit sources.
You are missing my point. If theymos asks for application from users who visit the gambling board or altcoin section and want to be sources, he is not forcing users to read the entire forum, just were they spend most of their time and help increase the flow of merit there.

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April 20, 2024, 10:36:07 AM
 #51

You can pay attention to which post and which topic receives the most merit.
https://bitcointalk.org/index.php?action=merit;stats=recent
The trading section may not be the most popular. In my opinion, experienced traders are unlikely to share the necessary advice or even visit this board if they are based on the opinion that their strategy should be gestated like a child is gestated, with your experience and secrets. While visiting this board, those who only spread demagoguery do not do anything to make these posts successful.

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April 20, 2024, 02:58:15 PM
 #52

I have noticed that someone will ask question on trading discussion, you will give answer but your post will not be given any merit.
Meritocracy has been vastly discussed in here for a while now... I've observed that more people are down to this fact for clout rather than fixing the system (if there's any problem with it at all). Meanwhile, everyone would either want it adjusted, fixed, or act like nothing is wrong with the frequency/concentration in circulation at all..
Now for the fact that the system isn't moderated, it's basically about what a merit source deems to be a quality post... They may solely look at technical post as what they'd assume to spend more merits on.
There's also a thread that has plentiful of it -- The WO thread! I think that alone should give you a Broadway of understanding how this works.

There are plenty of merit giveaway threads where anyone can report posts he belives deserve merit merit.
Rikafip, Have you been reporting yours too? Tongue

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April 20, 2024, 05:40:46 PM
 #53

Just because merit/post reatio on a certain board is low, doesn't mean that automatically needs a dedicated merit source as you have to take into consideration quality of discussion as well.
I think having a dedicated merit source for a board isn't bad either as that merit source can look for high quality, useful posts on that particular board and send merits to the members who make good quality, helpful posts on that board.

I believe most boards should have a few dedicated merit sources so the members who make posts in those boards may get some merits. Like most local boards have dedicated merit sources who send merits to the helpful posts at those local boards.

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April 20, 2024, 06:02:56 PM
 #54

Rikafip, Have you been reporting yours too? Tongue
I have, in my local board. We have a thread dedicated to that, and I did until I reached 1k merit. After that I stopped as it didn't make sense to take away from those who need merit more than I did.


I believe most boards should have a few dedicated merit sources so the members who make posts in those boards may get some merits. Like most local boards have dedicated merit sources who send merits to the helpful posts at those local boards.
Those who feel that certain board where they like to write is undermitedcan always make a merit source application.

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stadus
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April 20, 2024, 09:19:07 PM
 #55

The trading section is unarguably filled not with shitposters only, but with posters who have neither tried trading full-time nor intend to, nor even fully understand what trading and the strategies of trading are.

Well, many people who jump into trading tend to do so thinking that they are going to get rich with little capital and leverage because they follow the influencer of the moment. To some extent it is a board like gambling, but less spammy I would say. However, it has many similarities. Today I have seen talk of degenerates in terms of traders and in that I think many of them are similar to degenerate gamblers. I am not surprised, then, that not many merits circulate on that board just as they do not circulate on the gambling boards.
In short, majority of these traders act like gamblers so it makes sense why they fail to attract merits in this technical board. However, there are still few widely experienced traders who are certainly getting consistent merits in trading, simply because they were enhanced as real traders in the market, and have absorbed completely the real essence of trading and how it can be highly successful and productive. The rest are just random gamblers who hide their identity as somewhat traders.

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April 20, 2024, 10:47:07 PM
 #56

The rest are just random gamblers who hide their identity as somewhat traders.
The real traders who have knowledge of trading, and others who have some knowledge of trading are familiar with some basic terms and abbreviations in trading and will often use them in the trading section where they belong in their posts. When these people make a post or reply that is reasonable, it is hard for the topic to be ignored by merit sources on that board and others who have merits to give.

Merit is not common in the trading section because some of the posts there are not merit-worthy in the eyes of the merit sources there as they are made by people who have no trading experience.

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Igebotz
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April 20, 2024, 10:55:57 PM
 #57

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.
There are plenty of merit giveaway threads where anyone can report posts he belives deserve more merit.

No matter how good those posts are the best you can get is max 2; if the merit rascals on those threads are not interested in trading or have no knowledge of trading, they can't do much. We understand this is Bitcoin forum and more merit source were appointed on that board but trading still play a big part to the ecosystem and should be given some sort of attention too.

On the other Note - I will not fault anyone for not paying attention to such boards. The trading and altcoin board and sub-board is choppy and has been on my ignore list for a while now. Just like the gambling board, people who are genuine gamblers are just small numbers, while the others are speculators with little substance.

Theymos has abandoned us on the gambling discussion board    Grin

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Coyster
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April 21, 2024, 11:12:27 AM
 #58

In addition, anyone has a same chance to report his post to [self-moderated] Report unmerited good posts to Merit Source.
Merit giveaway topics like these do not solve the problem, if the MS's who run these giveaways are not interested in posts in the trading board, there is a high tendency that they would ignore submissions from the trading board for merits in their giveaway thread. Theymos is also not considering adding new merit sources anytime soon, so the best solution is for users' who frequent the trading board and have a lot of smerits to send merits to posts of high quality made in that section, and this can increase merit circulation there.

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April 21, 2024, 05:00:03 PM
 #59

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.
There are plenty of merit giveaway threads where anyone can report posts he belives deserve more merit.

No matter how good those posts are the best you can get is max 2; if the merit rascals on those threads are not interested in trading or have no knowledge of trading, they can't do much. We understand this is Bitcoin forum and more merit source were appointed on that board but trading still play a big part to the ecosystem and should be given some sort of attention too.

On the other Note - I will not fault anyone for not paying attention to such boards. The trading and altcoin board and sub-board is choppy and has been on my ignore list for a while now. Just like the gambling board, people who are genuine gamblers are just small numbers, while the others are speculators with little substance.

Theymos has abandoned us on the gambling discussion board    Grin

Well said.
Trading board should have been one of the most prioritize board on the forum, like you can't afford to ignore the fact that Trading board plays a vital role in this forum.
Let's say if we are to talk about the Technicalities in price about Bitcoin, its the Trading board all other board is just fundamentals and speculators. Since it's not really getting the recognition, I will still participate actively for the love of Trading  and her insights.

I agree with the OP, the only way to avert that is for those with Merits especially high rank members to merit quality post.

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April 21, 2024, 05:08:25 PM
 #60

Merit sources ignored most of the discussion boards due to spam invasion so it's obvious that if no merit sources is not visiting the circulation of merit will be limited too. And trading discussion just repeat the same kind of responses and threads so it's understandable why they chose to ignore same goes to gambling discussion, Economics, Bitcoin discussion.

The same kind of responses will likely get tons of merit if it's created in a Local board...

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