I was waiting for this to happen, and I must say it's still higher than expected.
I joined this campaign half way February, at around $400 per Bitcoin. The last week's average has been around $900, that's 125% higher! Going back to the same rate would mean cutting the pay rates by 60%.
I talked it over with the Rollin admin and we both agreed that a 10% reduction would be fair, considering that the rates have stayed the same since this campaign started up again back in February 2016. A 60% price reduction would be a huge shock for most participants, and I know I wouldn't appreciate a reduction like that if I was a participant.
Bitcoin Adress: 1E3Mrm4tCS4Aq67XoPLweY54dkzQSgYSte
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I hope that if the price drops back below $800 we'll go back to the old rates
It's quite rare for our rates to change (this is the first time in about 10 months that they've changed), so I wouldn't keep my hopes high for that. However, myself and the Rollin admin (who is financing the campaign) are keeping tabs on the bitcoin price.
Makes sense changing the rates, last time there was an increase in price like this I saw a lot of campaigns doing the same.
Thanks for understanding the reasoning behind our decision. I know it's a bummer to take a pay hit, but like Loyce mentioned, participants are still being paid
far more in terms of USD than they were in February 2016.
BTC Addy: 1GJL2m5h7oMakRsdaQT3QQ4XzyFnKQwbCQ
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Enrolling in.
BTC Address: 18NSg56zp5uAJs8d97wwPU9oWk5T7DNMx4
Current Post Count: 996
Current Rank: Legendary
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This is completely fair.
I think you should also PM the campaign participants, to ensure that nobody misses this message.
Good call - I'll put together a PM list in the next day or so and send a message out to all participants to let them know about the pay changes.