Topic: Are Legendary Member Earning Too Much ? (Read 1063 times)

Earn your rank man, opportunities are really given to the high rank especially the Legendary members because they are loyal to the forum.

Your concern can be referred to signature campaign, they have better stakes since they have better display of signature and honestly even if we have the
same size of signature to the lower rank, if I am the manager who runs the campaign, I would still the higher rank a bigger stake based on what i'm mentioned above.

Your argument is flawed on so many levels. Legendary members are putting a lot more on the line than lower ranking members, when they are signing up for signature and bounty campaigns. I have spend several years building up a good posting reputation and also ranking up within the forum.

Most higher ranking members are also recognised by companies as "experienced" and "good quality" posters. You will not rank up, if your post are of inferior quality. So companies are looking for posters and posts that would draw the most attention and views to increase their advertising exposure and higher ranking members have already proven that they can provide that.

The higher ranking members posts are also constantly under scrutiny from lower ranking members and mods and this adds more pressure to contentiously providing high quality posts on a daily basis.  

Very good advice the first thing we do on this forum is to learn the rules and make contributory high quality Post's in that way your post counts are highly of great quality that is what Bounty's manager are looking for. In most campaign the Jr member that have quality post history are chosen over a member with low post quality.

I went for hiatus and I find it funny that boot-licking for merits and concerns about the stakes of signature campaigns are still the main topic of this forum.


Quite agree to this idea.  Legendary members are privilege to have their rank which will give them more stakes to the other members.  However, there are other factor as well such as quality of your posts, contribution to the forum, uniqueness and original content, and the like that will not just give you stakes for your signature campaign but will advance the discussion of this forum.

That is just the reality of the world,  Everyone uses money in the modern world. I'm guessing if there were no signature campaigns on this forum traffic would drop over 90%.  I don't see an issue with it as long as people contribute at the same time.

It actually depends upon two types of mindsets -
1st is yours where you're watching the value of BTC as well as earnings in fiat that come in a Legendary member's pockets.
2nd is ours. Where most of these Legendaries are trying to accumulate BTC, others work for BTC fully leaving their day-to-day 9-to-5 jobs as they know they can earn much better here and spend higher. It also depends upon the quality of a Legendary member whether he has the ability to beat others' quality and remain in the campaign by meeting its standards or not, some post a lot and reach the maximum (or even more when there is no maximum like Stake campaign) where some post least due to having the freedom to post any amount of posts with no burden of minimum posts (like the campaign I'm a part of - Chipmixer).

I think Legendary are earn much because they have a good rank and also good in here in community best on my observation every bounty is always legendary rank are the best earn for sig camp and if you have a good rank you have a lot of chances to get more job like bounty manager.

Supposed to be but not all the legendary members didn't get the opportunity to get a slot on most paying signature campaigns.Now a days the quality of their posts decides how much they are earning due to the merit requirements on most of the btc paying signature campaigns.

i don't know how you could say  "earning too much" - i mean, why are you thinking in scarcity? there is a lot of money to be made if you are aware of what to do. just get down and put in some work. once you reach those levels, i'm sure you won't complain about "earning too much"...

Exactly, BTC0.04 could be big enough in some countries but in some it's not.
So it really depends on your status in life and where you live and having a Legendary account does not easily bring you easy money, some of us
are focus in investing and trading, we just consider bounty and signature campaign a way to make ourselves active while earning a little amount of coins.

One doesnt exclude the other. Beign Legendary is awesome but doesnt mean anything in terms of earning.
As someone said, earning maximum 0.04 per week is not dream come true to people with big knowledge about Bitcoin. Its big amount in developing countries tho. All depends, some are here for fun not to earn money as common mistake from many newbies are made.

I am a newbie to the forum but it’s hard work, dedication, posting quality content or asking the right questions. I think it is all about how you portray yourself not only on the forum, but life in general. I decided that I wanted to know more about cryptocurrency and take the leap down the rabbit hole and educate myself on anything and everything I can about it. But what everyone needs to know and understand is that it is not going to happen overnight and that things take time and dedication to achieve. If you think that you are going to get rich overnight you are sadly mistaken. Maybe one day, I myself can become legendary, but until then its reading and posting quality content to gain the necessary knowledge and trust I need to be able to give something of value back. Moral of the story is, Legendary members took the time and energy and probably lots of effort to get to where they are at today. And while some may think that they get paid too much, I look at it as they worked hard on this forum and in general to accomplish their goals.

This is about bounty, right?
IMO, Legendary gets a better share because of their signature exposure, it's wider and bigger compared to lower rank, but it cannot be denied
that there are Legendary Members who post shit in the forum and they did not really give contribution to the thread they are commenting.

If a low rank and a Legendary member both make constructive post then clearly a Legendary will get a better reward based on stakes.

Even if you are a newbie now but if you will continue to give contribution to the forum, you will earn merits and you will grow and in the future
you will reach the highest level of rank which is the Legendary.

Just stay here, learn, improve and contribute.

Do bounties really pay that much? I've always thought they pay dust to their members for promoting their products. Maybe some of those dusts make some value if the project gets a bit successful.
Anyways, your rank won't get you in a campaign, but your post history would (if the manager is a good one) and a legendary would earn nothing if he has a terrible post history and a smaller rank member would at least earn something if he is a good poster. So it is true that buying a higher rank account won't do a lot of good for a bad poster.
Besides that, the people who say that it was easy to become a Legendary member are not totally accurate. Though it is true that now it requires Merits to gain ranks, but the time it takes to become a Legendary hasn't changed and it was the same before as it is now. The people who've become Legendary members have spent their time to gain that rank. Now it depends on them if what they've gained in that period other than their account rank. If they gained no knowledge at all, it is a shame, and the rank they've gained wouldn't be useful for them since campaigns won't accept them with a horrible post history. But, if they've gained knowledge over time and have been constructive posters from the past, then it can useful for them to be a Legendary.

That may not be justified from the perspective of a sponsor. I found that a text link in a useful article can be more productive than a banner advert that may be blocked or ignored.

They are paid more because they can put more content (symbols) in their signatures. That is just the way it is.
Imagine that the ad on top belongs to a Legendary member and the small one at the bottom right belongs to a Jr. Member. It is obvious which one creates more visibility and therefore should be paid more.

I wonder how many members have two legendary accounts. I love a challenge, and I'm tempted to see if I can earn enough merit to promote one of my alts. I haven't got one that is over member rank though, so it would really be a bit of a challenge. At the moment, most merits seem to flow to members providing statistical reporting about the forum, the merit system, and reputation and trust. I don't have the knowledge, or the inclination to try this. I'd be more interested in working to improve Bitcoin and crypto adoption amongst the unbanked and those in politically oppressed countries. Are there any members  who are earning useful amounts by posting such topics? It is difficult to understand why signature sponsors would want to advertise in Bitcoin Talk statistical threads, surely the readers will have already formed their opinions of the programmes, and many of them will have signatures blocked anyway.

I dont see why could this be a problem. There have "Legendary" rank for a reason. They earn it one way or another. Before merit system this was much easier to achieve in look of spent time here, around 2-3 years give or take. How with merit you need much more. First good content for any reply on any topic (it dont need to huge but need to on the topic with good sets of words). Next need to know the topic you are posting. And maybe the create unique topic that will be good for you and for all users where can be earned merits.

Legendary member are not earning as much as they could by my opinion, but think that with high rank comes the high responsibility to write better and to be better. Without this no one will become some day Legendary.

It's not "MAYBE", they do have the highest stakes when we discuss signature campaigns. It is also the reason of the other signature campaign participants to become greedy and use alt accounts to earn more because of having less stakes and low rank. It's not being active it's about your own skills or having good ability.

Hey Legendary members get paid due to their rank, but not all are accepted into signature campaigns just cause they are legendary members. The signature campaign managers chooses quality posting over your rank, so if you’re posting quality then you have good chance of being selected. Also it’s pertinent to note that not all the legendary members are knowledgeable, so their rank doesn’t really help them.

Let me put it to you in this way so that you would understand the reason why Legendary Members should be paid more than more jr members. A company wants maximum exposure or advertisement for their product or service. So would you take a newbie account with say 200 posts or would you take a Legendary Member with say 6000 to 15 000 post history?

They also want people with quality posts, because they get more hits/views when people Google Bitcoin related topics. So my signature will show up at the bottom of my 6904 posts that I have posted on this forum. 

People are also familiar with other ranking systems on other forums and they accept that higher ranked forum members should know more about the topic than "newbie" ranked members.  

Maybe cause they have the highest stakes when it comes in signature but even though you only have low level rank it does not mean you wont get big profit,  still depends on how active you are when it comes to bounty, like you join in social media, telegram, signature , and youtube.

You're placing a high level of importance on earning which should apparently not be so,but I'll cut you some slack on that.
Earning bitcoins(money) through cryptocurrency can come in numerous ways,other that just the signature campaigns you made mention of,and in majority of them,it is a level playing field for all ranks as earning is based on ones inate skills
But in the signature ads campaigns,there is rank disparity and earning is higher with the "higher" ranks and it's not a bad idea
There are a whole lot of effort and commitment put in to attain high ranks on the forum,thats why members get higher stakes than jnr members,and full members higher...... till it gets to the legendary rank, it makes ranking up worth it's every stress

It's not the signature campaign alone and the reason why legendaries earn much more than lower rank. Lower ranks can also earn much more than the legendaries if he/she has the skill the same as legendaries or much more. I found some legendaries that didn't even know the correct time to use than and then in a sentence. English is not my local/main language is not a good excuse or reason, as long as your willing to learn then you can learn.

One of the reasons why legendaries earn more is because they have a bigger signature space so it's not just what they say, it is advertising space for new ICOs to promote their coin on this forum

You too!

The amount of Shit posters in legendary status are very much lesser as compared to lower rank.
Well I don't see the benefits of this post you can advice one to pursue good posting with out undermining other member rank.
the OP has some work to do on his own personal his English and topic

Then the numbers go down 12,35% on aggregate, and we get as a result:
Note: considered minimum 775 activity for Legendries.

Link to complete list of forum members with the above criteria: https://docs.google.com/spreadsheets/d/1Wl9a_Drl5LWPN3uG6pT3YPIYtkvRkZiGneukzHvVPoA/edit?usp=sharing

Data as of last Friday, sorted by self-made rank and name.

I'd say 5 - 7 months is a realistic time period when you're defining the drop in account value worth. I've personally received offers from unknown people who were willing to pay upfront $1k for my account for whatever reasons. And I was nowhere near legendary. And I've seen the digital goods section that was getting a lot of activity both from sellers and buyers last year when btc was around 5k.



That makes no sense to me. You're thinking of the account's status ONLY in terms of campaigns and earning potential from those campaigns while in reality, the ranking system was present JUST to display a member's overall activity - regardless of the quality of their interaction.

The whole signature space renting was a happy accident that happened on this forum and then it took off. It has almost become an economy of its own. The ranking system had nothing to do with campaign management and was an alternative to the existing advertisement offered by theymos on this forum.

I don't think that is true. I gained a lot more merit before I became a merit source. I think a lot of members think that you don't need merits if you are a source. My last few merits to become a TEMP are taking an age, but that could be because I've backed away from my projects, and I've got more interested in the macro-political situation, and most people are only interested in micro/national politics.

I thought about that, after I post the comment. It will be interesting to see the real number of the Self-made rank members with enough activity.
Anyways, so the next target for me is the Self-made legendary without enough activity.

Just based on earned merit (so really you are included in the above 39, regardless of the missing activity).

Nice stats DdmrDdmr, as always.

In two weeks the self-made Hero members count will rise to 40 , just 4 activity left

Just a question do those have the required activity for the self-made rank or it's only based on earned merit?

Here we are ... (for all users, not just Legendries):

Edit: considering just merits, not activity.


I’ve altered the nEarnedMerits column to reflect intervals (used upper limit before).

This is the specific breakdown of Legendries:
Note: Total number is slightly different from previous stat earned merit intervals for Legendries), since the above data originates in my current merit DB where ranks are up-to-date (vs the previous stat where ranks are as of December 2018).

But what if that was the most excellent advice, and the user just had a broken keyboard?


Not quite. Among the cohort of pre-merit legendaries, there are less than 100 self made senior members. The numbers of self made seniors out of all 2 million users will be higher, although probably not by much. I'm sure DdmrDdmr can give accurate numbers.

I'm fine with that.

If I'd been putting the merit system together I would've given people a grace period to justify their ranks and then removed them if they're clearly wasters which is what merit does.

In the old set up you could have reached legendary with 2-3 years of bumping every thread with 'nice project' or 'dear, this is most excellentings advises.'



That's a pretty bonkers set of stats. Out of 2 million or whatever users there are less than 100 self made senior members, let alone legendaries.

I would certainly like an option to view earned merit rather than total merit. It's now getting to the stage that you can't tell which rank a user started at, so you don't know if they've earned a couple of merits or several hundred without checking their merit history.

I find it astonishing that almost half of legendaries would still be newbies under the merit system. Having said that, I'm not sure it's fair to de-rank them just for that. Seems too much like ex postfacto. However, if they are serial spammers (which I suspect many of them are if they can't earn a single merit) then they should be banned instead.

That’s an interesting call, but not likely to happen really.

I’ve crossed @piggy’s full profile DB from December 2018, and crossed it with current full merit TXs. It turns out that:
That is to say, 43,24% of Legendries have not earned any merit to date, and an additional 10,32% have currently only earned one. Only 27,14% have earned 50 or above merits.
90,30% of Legendries have been active (*=at least logged-in, but we do not know how active they have been) from 2018 onwards, so the above data is representative.  

Edit: Heroes show rather poorly: 70,10% lack any earned merits, and Sr. Members are on the 81,80% range, although both sets have been active (*) during 2018 in somewhere near the 78% area.
If we delimit the data to those active(*) during 2018 we get 62,28% Heroes lacking earned merit, and 70,85% Sr. Members in the same situation. I guess we never see those around much.

That then includes you too and 99% of Legendary members on this forum, but I do not think that admin will do something like this. Maybe before the start of merit system something similar could have been done, but all old members play by the rules and really would be unfair that now they lose their ranks.

Legendary members without single merit speak enough for themselves, but there are also exceptions because some were simply inactive in the past year. No active members can not earn merits, where there are again exceptions for profiles like Satoshi or Hal Finney.

I do not think you can earn from this forum if you have no skills, no matter whatever rank you hold.  Don't be carried away the chip mixer signature payment. The approach that you are currently using will not help you to get in that campaign. 
If you are interested in twit/facebook bounty then rank does not matter.

This is my point. People who are posting for the sole reason of trying to earn merit (like you have been) stand out a mile away. It is totally obvious they are only fishing for merit, and aren't trying to contribute to the forum in any meaningful way. These are the people I (and many others) will actively avoid when looking to hand out merits. By constantly thinking about merits, you make it less likely that you will receive any.

My advice again is to forget about merit, and instead spend your time learning about, and then discussing, bitcoin.

Don't ge carried away by merits and you shouldn't let merit discourage you (when you aren't getting them) from learning or contributing in forum, if you aren't getting the merits you feel you deserve for your quality posting then apply in giveaways thread and your post might get merited.

About legendary members earning too much, I don't believe there's any earning that is too much, if you truely deserve that earning. Lets take chipmixer signatures campaign as an example it has been running for over 2years+ and have been paying quality poster 0.00075BTC per post for 50 post that's around 9.0375BTC weekly. If you're posting that amount of quality post per week then you deserve the earnings you're getting, we also have numerous campaign managed by Hhampuz and they're paying decently too therefore for every forum members earning btc they deserve it as far they're posting quality posts.

Actually in starting I was thinking of making money from this form. But now I started to reply on other's topic and help them.

Bitcoins not a real asset ?

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We were all poor newbies once... I remember when I'd come here with my fascination of the new technology that was created some 7 years before i arrived. Sadly this firm seems to have gone sort of sideways... I'd like to see more people focus on bitcoin and not how Lauda is or isn't a huge scammer (for example). We don't need or want megatrolls here and it looks bad on the rest of the community.

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On the merit standpoint. The ones who earn the most amount of merits tend to be merit sources. They have a bit of an unfair advantage as users might feel a need to merit them back for meriting them. I'm thinking a gradual merit reduction might be an interesting point to look into though.

It would be great if this happens. Why don't we suggest this to developers and moderators of our community

Everyone should unless they've earned the merit to be legendary which is a tiny, tiny group of people. If you're a legend with a handful of merit then you've either been absent since it was instigated or you're a worthless member of this forum. It's an insult to the lowlier members who are much more valuable contributors.

It would be great if some members could lose their legendary status. It is like some people who hold noble titles, without there being royalty in the country. It simply does not make sense.

There are plenty of legendaries who've earned little to no merit. They're not going to get anywhere in terms of campaigns. The managers of decent campaigns aren't going to take on a shitposter no matter what their rank.

Now it's been over a year I think it's time to remove all airdropped merit. If you've been here for all that time and are legendary with a piddling amount of merit to show for it then it's time for a demotion all the way back to the start. They serve no purpose.

Trust me most of us don't earn diddly crap, ad campaigns use to pay good money but then traffic here died off (3-4years ago this place use to be leading place for everything digital currency wise) now it's not really that interesting a place everything's been done so many times now

Don't be so cheeky you old custard! 

You have free money in the form of pensions (I hope lol). You don't have to live in the fear of not meeting rent do you?
Jokes aside. Lambos are damn cheap these days, care to publicly post your postal address so I can mail an old Lambo to you?? 

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As far as the OP is concerned, mate this post is useless ranting about something that makes no sense. If you want actual discussion of anything please post about something that makes people want to talk about it.

Maybe the people you should be thinking are "awesome" are the ones who know a lot about bitcoin and share that knowledge. Or the ones who have stuck around through bear markets and price crashes. Or the ones who have been interested in bitcoin before some of us had even heard of it. Or the ones who have helped to develop bitcoin and increase adoption. Maybe if you think someone is "awesome" just because they can earn more in a bounty, you are doing it wrong.

OP, this topic, combined with your previous topics on this board here and here, make it clear that you are focusing way too much on merit and ranking up so you can earn from some useless bounty campaign. I would suggest you spend some more time learning about bitcoin instead.

First of all, erase the thinking that high ranks here are way different in terms of making some earnings compare to small ranks. The comparison is not making a sense. It will just lead you into expectations while working your way up. Also erase the thinking that this forum is only for bounty purposes.

Explore, research, etc. Think outside the box or much better if you will removed the box. Anyone can find a way to acquired crypto earnings. If not found, you can create it by yourself thru brain storming and eagerness.

Goodluck.

Why waste money by buying an account. You can start to earn as soon as you get to member level, and you can add a link to your sig. I'm not talking about signature campaigns either, but real asset building projects.

Your complaining that it takes 2-3 years to get enough merit, dude , you can buy a hero/legendary account for like $150.  you can make that in one day at a normal job, lol.

I would never buy an account because I don't need this forum for money like you...

For the first two you need a bit of experience and reputation do those services.
I'm pretty sure that no one will use a newbie Escrow without prior positive feedback or experience.

On the other hand, there are many low-quality legendary spammers, merit came quite late but they also get caught slowly one after other.

It depends on how much you look at it, there are so many activities in this forum apart from doing signature bounties
We have;
1. Escrow services
2. Loan services
3. Bounty management
4. Signature and graphics designing

Any member can do the 4 services I have listed below so long as you build a good reputation in the forum, and they are really high earning too. Most people tend to trust legendaries because they have been in the forum for a long time but hey, you can also start your journey.  Somebody has got to start from somewhere.

Legendary members always have higher reward rates than new members in signature campaigns, which is well worth the effort they spend. Because to get high rankings like legends they contributed a lot to the forum, so projects always rated them higher than new members. Please contribute positively to the forum and you will also receive rewards commensurate with that contribution

manishanand, you look only in bounty spreadsheets and that is not the only measure you should take into account when you talk about potential earnings of Legendary members. People in this forum do not earn money just from the bounty and signature campaigns, but also from offering some other services to crypto community. We have users who make signatures, banners, logos, web sites, SEO, and they earn in some cases more then some Legendary members.

saraschoudhary, it is true that Merit system is not affect all members in same way, but I need around 2,5 years to become Legendary member, there is no way to skip activity necessary for this rank. I agree that now is much harder to achieve that goal, you still need activity 775+ for Legendary member which depends on time, and 1000 merits which depends on the capabilities of the user to earn them.

hugeblack, only a small correction of inaccurate statement., Our campaign is paying great, no doubt about it - but 0.0375 BTC/per week is not max amount at this moment, it is 150$ for Legendary member - at the current price 0.04 per week.

that's impossible. the activity doesn't allow it. but the merit topic should be left out here.

partly it is of course unfair. but so it is in life across all areas.
but you are right. it is often observed how new users strive and the hero and legendary do not deliver as good quality as you should expect.

Not all Legendary members are earning too much. I can think of one poor old pensioner who is struggling to get his first Lambo.
Care parcels or used Lambos can be sent to me for suitable allocation.

Patience is the key to success. Yes, it has become hard but not impossible keep trying you can become legendary within 6 months

But most of them didn't had to invest the time and earn Merits to become Legendary. They were airdropped Merits which has now become a major differentiator. Makes it real tough for any newbie to make it into Legendary now. Will take at least 2-3 years.

Investing in mind is the best investment. It does not matter your rank but what you write.
The profits you can collect from this forum "using signature" range from 1 satoshi down to 0.0375 BTC 0.04 per week [thanks Lucius]  as the maximum amount you can collect from a Signature Campaign.
If you invest time to reach the rank of the legendary member you will gain enough knowledge to make more than that amount.

Think again

All of us like we newbie and junior members think that the Legendary are awesome. They earn so much bitcoin and other coins but it's wrong. If you see a spreadsheet of a bounty you will see one or two legendary members are rejected either due to their low quality post or some other reason. Even a junior member will earn more than they do in this condition. So the basic thing I wanted to tell that if you think you will purchase and skip the part of learning of posting in forum, you still won't get anything from it as your all posts will be declared as low quality. As from me whatever position you are in be in there and slowly develop.