Creating fake sig campaign to increase competition? - page 2.

nkocevar

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Activity: 294

Merit: 250

Quote from: Bit_Happy on May 28, 2014, 09:31:52 PM

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.

Quote from: btcton on May 28, 2014, 08:51:22 PM

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...

Bit_Happy

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A Great Time to Start Something!

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.

Quote from: btcton on May 28, 2014, 08:51:22 PM

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.

Swordsoffreedom

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Leading Crypto Sports Betting & Casino Platform

It would likely fail since the first users would experiment but afterwards if no payout is recieved would abandon it
Also escrow and trust would be required meaning some Bitcoins would need to be proven to exist
Thinking back it's happened once or twice and people left right away on the users inactivity or based on their likelihood of non payment
Heck even Ritz had a challenege with theirs for a while establishing trust takes time.

agoraadnim

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I promise I'll give ya a coin a post if ya copy my sig Grin

WildCrescent

newbie

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Yep if it gets too expensive it may stay at lower prices Cheesy

beetcoin

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Activity: 434

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Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

after not paying for the first period, people will know that it's bullshit. so no, it doesn't affect anything.

btcton

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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.

crazyearner

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Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

Doing such a thing would only make sig business re think their current strategies and also look to no doubt reporting you and also hitting your trust rating too.

It might raise the price for a little while but am sure they will soon catch on to it and also no doubt reduce their prices or even cancel their services. Theirs already a few who have cancelled theirs and to be honest if they all cancel their services they they offer to pay people for their sig space as a bonus then it would be a good service lost. I like sig campaigns and to lose them would be a loss for myself and also other people.

Theirs already enough competition out their for them to make the decision if they are going to increase their pay per post that is up to them but it all comes down to the amount they can pay without it causing them to be at a loss.

railzand

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Lux e tenebris

Quote from: ReBoRn on May 28, 2014, 07:53:21 PM

Now Members have few good and trustworthy campaigns just because of this not running to any new campaign until they have some escrow or trustworthy feedback just because of this its failed attempt

go home sentence you're drunk

Cryptopher

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Keep it dense, yeah?

Quote from: nkocevar on May 28, 2014, 07:55:58 PM

Quote from: Cryptopher on May 28, 2014, 07:49:56 PM

Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

I think that it goes without saying that this is a really bad idea.

If by fake you mean don't pay out the amount outlined within the hypothetical signature campaign then:

1. It would mean screwing a lot of people out of coin
2. It would only be effective if you paid out, typically on a weekly basis for the first month at least
3. It would be bad news for the campaign signature legitimacy

It really isn't worth attempting.

I wasnt really planning on it... I was just speaking theoretically since I keep seeing the pay per post going up and up and up

Yeah, campaign owners only consider raising the rates iff the new highest paying campaign pays out.

nkocevar

sr. member

Activity: 294

Merit: 250

Quote from: Cryptopher on May 28, 2014, 07:49:56 PM

Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

I think that it goes without saying that this is a really bad idea.

If by fake you mean don't pay out the amount outlined within the hypothetical signature campaign then:

1. It would mean screwing a lot of people out of coin
2. It would only be effective if you paid out, typically on a weekly basis for the first month at least
3. It would be bad news for the campaign signature legitimacy

It really isn't worth attempting.

I wasnt really planning on it... I was just speaking theoretically since I keep seeing the pay per post going up and up and up

ReBoRn

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Bitcoin will survive

Quote from: Cryptopher on May 28, 2014, 07:49:56 PM

Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

I think that it goes without saying that this is a really bad idea.

If by fake you mean don't pay out the amount outlined within the hypothetical signature campaign then:

Now Members have few good and trustworthy campaigns just because of this not running to any new campaign until they have some escrow or trustworthy feedback just because of this its failed attempt

Cryptopher

legendary

Activity: 1789

Merit: 1008

Keep it dense, yeah?

Quote from: nkocevar on May 28, 2014, 07:42:56 PM

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

I think that it goes without saying that this is a really bad idea.

If by fake you mean don't pay out the amount outlined within the hypothetical signature campaign then:

1. It would mean screwing a lot of people out of coin
2. It would only be effective if you paid out, typically on a weekly basis for the first month at least
3. It would be bad news for the campaign signature legitimacy

It really isn't worth attempting.

nkocevar

sr. member

Activity: 294

Merit: 250

What if one were to create a fake sig campaign to increase competition and make it to where other sig campaigns would raise their price per post... would it work?

Topic: Creating fake sig campaign to increase competition? - page 2. (Read 1266 times)