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Author Topic: Creating fake sig campaign to increase competition?  (Read 1166 times)
Bit_Happy
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May 29, 2014, 05:37:17 AM
 #21

What if one were to create a fake sig campaign to increase competition...
There is enough competition already, so even if you were able to quickly establish a decent reputation (prior to trashing your rep), the stunt probably wouldn't have much effect.

There's always a limit. If you take a look at PrimeDice, they had been trying to match Ritz's offers, but they eventually stopped raising it. Stunna probably thought it wasn't worth it to up his rates.

FYI: I just saw today that he plans on having the highest rates next month related to the Primedice3 launch.

What is his rate going to be!?!? My current signature program pays .00075 BTC per post , which is about 42 cents per post...

He made it sound exciting, but the details are not known yet.
Ads on this forum must have really high value, which in turn is a very Bullish sign for the health of the Bitcoin economy.

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hilariousandco
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May 29, 2014, 05:43:14 AM
 #22

The advertising is obviously beneficial or he believes it to be as he wouldn't do it otherwise. And have you seen how much the actual ad slots on this forum go for? Not cheap at all especially for what you get and I barely ever notice them. I notice the sig ads as they're everywhere and that's why they're valuable.

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May 29, 2014, 10:49:04 AM
 #23

That would really have the potential to cause problems for a lot of people. The campaigns are a great way to earn some btc and because the posts are required to be constructive it requires you to read quite a bit and increases your knowledge.

Actually, now that I think of it, I bet that would result in signature campaigns just being banned from this forum.  The creator of the fake campaign would get a shiny new Scammer tag to go along with their profile.

There have been a few fake deals in the past that people wasted an entire month on, hence why people are sceptical of new deals and demand some sort of reassurance that they'll actually pay. And the forum doesn't hand out scammer tags anymore. In fact, they've just removed them all.

What if one were to create a fake sig campaign to increase competition...
There is enough competition already, so even if you were able to quickly establish a decent reputation (prior to trashing your rep), the stunt probably wouldn't have much effect.

There's always a limit. If you take a look at PrimeDice, they had been trying to match Ritz's offers, but they eventually stopped raising it. Stunna probably thought it wasn't worth it to up his rates.

FYI: I just saw today that he plans on having the highest rates next month related to the Primedice3 launch.

What is his rate going to be!?!? My current signature program pays .00075 BTC per post , which is about 42 cents per post...

He didn't say exactly but just that it'd be significantly higher. Plus apparently referral links are going to become active.

Wanna throw out a number? I mean significantly can just mean 10%.... I would be amazed by .001 BTC for members and maybe .002 for hero... But then again that's almost a dollar a post for members. Their sig campaign must be working!

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May 29, 2014, 10:54:07 AM
 #24

People would require you to put bitcoin into escrow so you would be losing money and helping anyone else.

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May 29, 2014, 10:56:52 AM
 #25

People would require you to put bitcoin into escrow so you would be losing money and helping anyone else.

I've seen many sig campaigns start out without escrow. I believe ritzgrandcasino started out without. They were very successful until they kept getting outbid and ran out of advertising funds.

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May 29, 2014, 11:16:55 AM
 #26

Wanna throw out a number? I mean significantly can just mean 10%.... I would be amazed by .001 BTC for members and maybe .002 for hero... But then again that's almost a dollar a post for members. Their sig campaign must be working!

1 Bitcoin per post. I doubt he's going to pay anything near what you suggested for either membergroups. And what good would me 'throwing out a number' be? I'm just telling you what he said. It's pointless wildly speculating what he may or may not pay. We can only wait for that to be revealed.

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May 29, 2014, 11:23:10 AM
 #27

These signature campaign owners are not stupid. Even if a new campaign was legitimately paying out to users at some silly high rate, they would weigh up the benefits on whether to increase theirs. But realistically they would either increase their rates a little bit or wait for the new campaign to go bust.

If a new campaign was fake, then there would be no prompted positive change.

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May 29, 2014, 11:29:22 AM
 #28

These signature campaign owners are not stupid. Even if a new campaign was legitimately paying out to users at some silly high rate, they would weigh up the benefits on whether to increase theirs. But realistically they would either increase their rates a little bit or wait for the new campaign to go bust.

If a new campaign was fake, then there would be no prompted positive change.

Yea I cant imagine them raising the rates any higher than they already are. And I am sure that even if a different sig campaign was paying 10-15% more that people will still stick with campaigns like primedice because they are very trustworthy. I am sticking with www.updown.bt 's sig campaign... they are brand new but they for sure pay higher rates than anyone else!

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May 30, 2014, 05:17:31 AM
 #29

couldn't work. you could have a bunch of alt accounts and make it look like you are paying high rates, but if you restrict it to too small of a group, it wont affect competition, and if you open it up to more membership, inevitably you have to either pay (or scam) Tongue
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May 30, 2014, 05:38:13 AM
 #30

I honestly doubt it will work. You have 6-7 big guys running the sig campaigns on the site. So you gotta keep that in mind.
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May 30, 2014, 06:48:26 AM
 #31

It'd be rather simple to start up a sig campaign like this. What'cha do is get a couple of friends -- have them all register for the sig campaign as soon as you post it. Make sure to include the 0.001 BTC reward or something in the title -- and you'll get people all over your thread begging to become part of it. What'cha do is make the rules super duper strict, to the point where only the highest quality posts are really accepted. Your buddies all get paid full amounts (cause they'll just send you back the coins anyway), but all the other joiners, you say "well, you violated rule xxx, I can give you another shot, but am limiting you to 10 post this week, maybe next week if you improve".

Overall, you'll probably dump like 0.1 BTC into it and get a URL advertised all over the forums.

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May 30, 2014, 06:52:37 AM
 #32

Even if you successfully pull off a fake sig campaign, there is no guarentee other campaigns will follow. All your work will be in vain  Cheesy

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May 30, 2014, 07:07:30 AM
 #33

Even if you successfully pull off a fake sig campaign, there is no guarentee other campaigns will follow. All your work will be in vain  Cheesy

Yes, the fact is that these are businesses, and they will not pay what their budget will not allow. Wink
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May 30, 2014, 07:31:30 AM
 #34

What if one were to create a fake sig campaign to increase competition...
There is enough competition already, so even if you were able to quickly establish a decent reputation (prior to trashing your rep), the stunt probably wouldn't have much effect.

There's always a limit. If you take a look at PrimeDice, they had been trying to match Ritz's offers, but they eventually stopped raising it. Stunna probably thought it wasn't worth it to up his rates.

FYI: I just saw today that he plans on having the highest rates next month related to the Primedice3 launch.

I wonder if there would be any takers if I offered up my account for sale, for say $1 USD per post to date, i.e. $20,862 USD (and counting). Hell, that's a tad more than what I had invested in BTC prior to davout opting to steal them 1,132 BTC via his InstaWallet "hack", at one time worth $1.5M+ USD, but now can't even wipe my ass with them since he didn't even leave me an IOU script.
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