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Author Topic: Sig campaign doesn't pay in bitcoin....  (Read 435 times)
Sandra_hakeem
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April 25, 2024, 09:36:37 PM
 #21

I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.
If it's certainly becoming a problem for you, don't you think it's even more disturbing to the casinos themselves? That may not be the case in your own campaign (maybe the distribution of funds weekly are directly sent from blackjack mega wallets and, the fees are exclusively made for the participants)?
Quote
Ltc, doge, usdt sig camps should be more common. At least one of these currencies are available on every service. They are well known projects and their price are nearly as stable as btc.
usdt would definitely be more preferable. But I'm wondering if the casinos ain't bothered with this fee surge at all.
That would require everyone to create their own LN nodes which is not practical unless we are going to use custodial wallets which probably nobody wants. LN is a temporary band-aid, it is not a permanent solution.
Custodial wallets! I'm sure you're not looking for a temporary solution to escaping the surge... We're not hoping that the mempool gets congested too long that an alternative is needed permanently.

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April 25, 2024, 09:52:27 PM
 #22

I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.

Ltc, doge, usdt sig camps should be more common. At least one of these currencies are available on every service. They are well known projects and their price are nearly as stable as btc.
I would suggest cashing out once a month to save on fees if this is the case.

The only thing that comes to my mind is the Games and Rounds board, I think payouts and winnings there have to be in Bitcoin: Games and rounds and any altcoin payout is not allowed there.

Maybe we were wrong all along regarding the Services board because we applied the same rule as stipulated in the Games and rounds board.

Yea I've looked everywhere and cannot find any link to a rule. LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin. Dkbit also mentioned some campaigns have had split payments which is true.
Curious if this is the case. WOuld like to hear an admin weigh in on this.

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April 26, 2024, 02:58:26 AM
 #23

Custodial wallets! I'm sure you're not looking for a temporary solution to escaping the surge... We're not hoping that the mempool gets congested too long that an alternative is needed permanently.
Custodial wallets are only choices for you if you want to sell your bitcoins too regularly like weekly or monthly. It is risky to use custodial wallets from centralized exchanges, for receiving and storing your bitcoin.

Reminder: do not keep your money in online accounts

If you plan to invest in Bitcoin for a long time or intend to hold it for several months, I believe you will not need custodial wallets.

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April 26, 2024, 06:10:28 AM
Last edit: April 26, 2024, 07:36:54 AM by LoyceV
 #24

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.
I'm curious where you read that:
Services provided/demanded on-forum for Bitcoin.
It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Now, if we are referring to the Stake.com Signature Campaign, ~ it will be paid in USDT.
Great! They've been spamming Bitcointalk for years, time to move them to altcoins where they belong. Reported saying:
Code:
Non-Bitcoin service: "Payments are sent in USDT, every Tuesday, directly to the users Stake account"
Update: it was moved to Bounties (Altcoins).

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April 26, 2024, 07:31:10 AM
Merited by yahoo62278 (5), LoyceV (2)
 #25

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.
I'm curious where you read that:
Services provided/demanded on-forum for Bitcoin.
It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Correct. If it doesn't pay in bitcoin it belongs elsewhere just like if threads don't pay in some sort of crypto at all threads are trashed.

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April 26, 2024, 04:51:30 PM
 #26

Campaign managers are spending over $200 for sending small batches of transactions and it can go a lot higher depending on the number of participants in their campaign. But as long as the company is willing to spend that much on fees then it should be okay.

Personally, I feel the advertising budget should not be wasted on fees due to the spam on the network they can give alternate options to get paid in other coins if users want that reduces the burden on the campaign budget too so win-win for both ends.

Is it the time to see altcoin sig campaigns?

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April 26, 2024, 05:00:24 PM
 #27

Is it the time to see altcoin sig campaigns?

It doesn't have to be this or that. Let's give people a choice. "One of the well known alts that has cheap tx fees" vs "BTC".

People can choose whatever suits them. I wonder how many people will choose to get paid in BTC. It would be a great science study. Right now every major sig camp (probably the only exception is stake.com) is forcing people to get decimated by the high btc fees.

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April 26, 2024, 05:01:23 PM
 #28


I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.
Sorry about this. But bitcoin signature campaign is more common and more recognized on Bitcointalk. Recognition is important to the sites advertising through signature campaign.

The only reason why Bitcoin signature campaign is popular is because the Bitcoin services board is not yet saturated with campaigns while Altcoin services board which is the counterpart part is full of bounty campaigns from altcoins that is mostly scam that’s why it’s always being ignored.

Removed those shit scam campaigns in there then I believe altcoins paying signature campaign that has same pay rate will surely become popular as Bitcoin signature campaign since the fee on Bitcoin is not shrimp friendly. I preferred USDT payment if I have a choice.  Cheesy

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April 26, 2024, 05:50:31 PM
 #29

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.
I'm curious where you read that:
Services provided/demanded on-forum for Bitcoin.
It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Correct. If it doesn't pay in bitcoin it belongs elsewhere just like if threads don't pay in some sort of crypto at all threads are trashed.
Thank you for giving a definitive response.

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..PLAY NOW..
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