Cryptotalk 1 BTC Contest Manipulation - page 3.

LFC_Bitcoin

legendary

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Quote from: suchmoon on October 28, 2019, 09:23:17 AM

I'm shocked that a forum paying 10 cents per post and giving a 1 BTC prize for most posts would have spam and cheating in it. Unthinkable. Wouldn't the greatest writers in history rise from their graves to fill that forum with masterpieces?

I’d rather lick a dogs asshole than join that cess pool of a forum.

IIV

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Why are we even talking about a contest in another forum here? Is this forum now policing every online forums?

NR 007

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Quote from: webtricks on October 29, 2019, 03:05:49 AM

<......>
Not to ignore the fact, they are also paying per post on Cryptotalk. There are over 240K posts made on Cryptotalk in last 1 month or so. Even if we consider non-claiming rate to be 25%, it is still 240K*75%*0.1 = $18000 or 2 BTC.
<......>

Dont be so naive Grin

,
I dont doubt their fund reserves, but I think now a lot of funds are being used to buy useless rubbish here.
In my opinion, only 20-30% of yobit participants are good and helpful writers, the rest are spammers.

Quote from: examplens on October 29, 2019, 10:19:21 AM

"ruin Yobit reputation" ... Cheesy

how does it look his reputation.

hmmmm, makes me laugh. Grin

examplens

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Quote from: webtricks on October 29, 2019, 03:05:49 AM

..
I don't think they gonna ruin their whole reputation after spending around 15 BTC for the contest prizes worth just 2.3 BTC. Well the declaration day is just 3 days away, let's see how it goes.

"ruin Yobit reputation" ... Cheesy

how does it look his reputation.

o_e_l_e_o

legendary

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Given all the scam accusations against YoBit, alongside their generally shady nature and terrible customer service, I'm not sure why anyone really expected their forum to be any different.

Quote from: yahoo62278 on October 28, 2019, 09:41:42 AM

The real test for that forum is going to be when they end the contest. Will they continue the pay per post campaign? Will the traffic die?

If they stop paying, they will die. Spammers like these have zero loyalty. They will go wherever they can make the most money, even if "the most money" is some useless tokens/altcoins worth a few cents. They've flooded to Cryptotalk since they can earn more there making the maximum number of posts than they can spamming a signature on here, with the added bonus that on Cryptotalk they get paid in bitcoin, which is actually worth something, rather than some made up token. As soon as they stop getting paid over there, they'll come back here.

Quote from: LoyceV on October 28, 2019, 01:23:09 PM

It still sounds a lot like Social Justice Warrior forum, I don't like it.

It's a ridiculous rule, and it gives the mods the ability to delete any post they like with complete impunity. They can simply state "Another user PMed me and said they were offended by post x, so I deleted it." The cynic inside me says this was entirely premeditated to allowed them to rig their competition in the way OP is describing.

NeuroticFish

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Quote from: Vod on October 28, 2019, 09:51:22 PM

Are they paying anyone? Have they proved they even have the coin to pay?

I've spent a bit of time there and I do post there now and then.
The amount of spam, of worthless or repeating posts, of discussions just for the sake of it is overwhelming. But this happens when the numbers are the only thing that matter.

But they do pay. I did withdraw already. And I'm not telling about withdrawal from cryptotalk to yobit, I'm telling about the next step too: withdrawal from yobit into an external wallet.
So I can confirm that part.

About OP topic, I wonder who was thinking that such a contest can be 100% real and clean. But maybe I'm just too pessimistic Cheesy

webtricks

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Quote from: LoyceV on October 29, 2019, 02:00:21 AM

Quote from: th3nolo on October 28, 2019, 11:29:55 PM

If you look at their Ethereum wallet they have something like $9 million, I think that's enough money to pay for many years

Exchanges hold users' funds in their wallets, that doesn't meant all funds are theirs to spend on something else.

Even if we ignore hot wallets, Yobit still have huge reserves with them. They have paid over 10 BTC to signature participants here on bitcointalk and yet again refilled the wallet.
Not to ignore the fact, they are also paying per post on Cryptotalk. There are over 240K posts made on Cryptotalk in last 1 month or so. Even if we consider non-claiming rate to be 25%, it is still 240K*75%*0.1 = $18000 or 2 BTC.
I don't think they gonna ruin their whole reputation after spending around 15 BTC for the contest prizes worth just 2.3 BTC. Well the declaration day is just 3 days away, let's see how it goes.

LoyceV

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Quote from: th3nolo on October 28, 2019, 11:29:55 PM

If you look at their Ethereum wallet they have something like $9 million, I think that's enough money to pay for many years

Exchanges hold users' funds in their wallets, that doesn't meant all funds are theirs to spend on something else.

th3nolo

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Quote from: Vod on October 28, 2019, 09:51:22 PM

Are they paying anyone? Have they proved they even have the coin to pay?

So far they have been paying almost instantly when it comes to their campaign on Bitcointalk.

If you look at their Ethereum wallet they have something like $9 million, I think that's enough money to pay for many years

https://etherscan.io/address/0xf5bec430576ff1b82e44ddb5a1c93f6f9d0884f3

At bitcoin's current price that's something like 1001BTC

hacker1001101001

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Quote from: Vod on October 28, 2019, 09:51:22 PM

Quote from: bitmover on October 28, 2019, 03:14:00 PM

Paying spammers to spam there is a complete nonsense. e established members to post there?

Are they paying anyone? Have they proved they even have the coin to pay?

Yes, they are surely paying users 0.00001 btc per post which is sent directly to the Yobit account of the participants. Max is 30 posts per day ! Even though they are spending funds, but its basically not the right way and not helping them in anyway to increase quality content on the forum.

They have the coins to pay, but I don't think this would go forever.

Vod

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Licking my boob since 1970

Quote from: bitmover on October 28, 2019, 03:14:00 PM

Paying spammers to spam there is a complete nonsense. e established members to post there?

Are they paying anyone? Have they proved they even have the coin to pay?

RapTarX

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It was nothing unexpected. Moderators are not much active in deleting spam and cleaning up the forum.
I'm on the forum as well. I have posted 40 messages within this month, on the other hand, some users are posting more than 100 a day. All the forum is very much spammy. I couldn't find anything of interest there to reply. I don't know how people post a lot of messages per day.

bitmover

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bitcoindata.science

Quote from: yahoo62278 on October 28, 2019, 09:41:42 AM

Maybe some of you should have open minds and see if there is anything of value to add without being worried about money? After all, it is a forum and not illegal to be members on multiple forums

I think it is a ok to participate in more than one forum, ofc. I particularly participate now in Reddit and bitcointalk, and I am very active in both.(and I post for free in Reddit)
However, I didn't discover those forums like you are suggesting"let's see how this forum works. Does it have good discussions?"

I discovered both of them after being redirect from Google searches, then I learned that for many subjects the best source of information was bitcointalk (in bitcoin subjects) and Reddit (for piracy, altcoins, privacy and many other interesting subjects)

Cryptotalk forum discussions are interesting? Maybe some. But bitcointalk looks better. Maybe they should try other niches? Ethereum Technichal discussions for example lacks a good forum.

Paying spammers to spam there is a complete nonsense. Why didn't they hired some established members to post there? They could pay for 500 word posts for example, or for technical support answers, whatever...

webtricks

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^^ ^^
You two should get a room.

suchmoon

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Quote from: LoyceV on October 28, 2019, 01:37:19 PM

Quote from: suchmoon on October 28, 2019, 01:33:44 PM

And why the fuck are you making me defend cryptotalk?!!!@#!#@

Your offensive language hurts my feelings @%&^(@#^)

Oh well, there goes my chance to win 1 BTC - now I'll never be accepted to Cryptotalk and it's all your fault Grin

LoyceV

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Quote from: suchmoon on October 28, 2019, 01:33:44 PM

And why the fuck are you making me defend cryptotalk?!!!@#!#@

Your offensive language hurts my feelings @%&^(@#^)

suchmoon

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https://bpip.org

Quote from: LoyceV on October 28, 2019, 01:23:09 PM

Quote from: suchmoon on October 28, 2019, 01:13:04 PM

It should be reworded to something like "forbidden to attack other members of the forum", "or "insult" or whatever.

It still sounds a lot like Social Justice Warrior forum, I don't like it. I'm not usually going nuts at insulting people, but I love having the freedom do do so. What's left of a forum about crypto if you can't even have freedom of speech?

I've been on a biker forum (long story), name escapes me know, that had a similar rule of no insults towards one's person or their choice of transportation. Some people get their fix of "freedom" IRL and go online to escape from that I guess.

And why the fuck are you making me defend cryptotalk?!!!@#!#@

LoyceV

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Quote from: suchmoon on October 28, 2019, 01:13:04 PM

It should be reworded to something like "forbidden to attack other members of the forum", "or "insult" or whatever.

It still sounds a lot like Social Justice Warrior forum, I don't like it. I'm not usually going nuts at insulting people, but I love having the freedom do do so. What's left of a forum about crypto if you can't even have freedom of speech?

suchmoon

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Quote from: LoyceV on October 28, 2019, 11:33:40 AM

Being offensive is subjective, so anyone can claim anything is offensive and therefore against the rules? That's dumb, I'm offended by that rule!

I think it's a bit of a translation issue and it's meant to address the intent rather than what someone feels. Admins seem to be Russian, so this might be due to the difference between words like "ocкopблять" / "ocкopбить", or "oбижaть" / "oбидeть" , both of which Google translates as "offend" but the meaning is not the same. In other words, if I call someone a turd waffle it's probably going to break that rule even if the target of that expression doesn't feel offended. It should be reworded to something like "forbidden to attack other members of the forum", "or "insult" or whatever.

That's just my speculation though, because I don't really see those rules being consistently enforced there.

hacker1001101001

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Quote from: yahoo62278 on October 28, 2019, 12:45:07 PM

Quote from: hacker1001101001 on October 28, 2019, 12:13:23 PM

-snip-

No offense taken, you're allowed to have an opinion.

Thanks to Bitcointalk forums free of speech rules.. Or else I just can't stop laughing by reading the rules on Cryptotalk.

Quote

It is forbidden to offend other members of the forum.

WTF !

Topic: Cryptotalk 1 BTC Contest Manipulation - page 3. (Read 1305 times)