This isn't my boxing match, but why should Chipmixer campaigners get a reduction in payment? They're for the most part the cream of the crop as far as bitcointalk members go, and sometimes you have to reward talent with a higher than normal compensation.
Besides, bitcoin is down from its ATH significantly and if I had to wager a guess I would say that Chipmixer can well afford to keep the campaign going just as it is.
Topic: [ENDED] ChipMixer Signature Campaign | Sr Member+ - page 47. (Read 303553 times)
I tend to agree with 1 BTC = 1 BTC.
I am always surprised when I hear people say this. I don't really think they believe it themselves, or they might think that way when it benefits them. If you think 1 BTC = 1 BTC, and it will always be 1 BTC, then the same logic should be used in situations that don't benefit you.Let's make it easy and say that at one time in the past, you had to pay 1 BTC for a USB drive. We are going back to a time when 1 BTC = 1 USB drive.
Now fast forward to the present. You are saying that 1 BTC = 1 BTC (1 USB). Are you telling me that you are ready to pay a USB drive 1 BTC in 2021 because nothing has changed and 1 BTC will always be 1 BTC? If that is the case, I can make you a great deal and give you 50% off for each USB drive you buy from. So you are getting each USB drive for just 0.5 BTC! Imagine the profits you would make with this.
Let me know when you want to start.
That is why 1 bitcoin isn't always 1 bitcoin.
Having said all that, I hope the ChipMixer participants keep receiving the same weekly BTC rates if CM feels that is the way to go.
I am not even sure why the discussion about CM rates even started. Doesn't seem right to discuss it and give suggestions on how to lower payrates, and if and when that is going to happen.
I agree with you in the sense that payments could (for any and all campaigns) be as $x per post but paid in Bitcoin if that is what is decided between the campaign manager and the team behind the project. I think with Bitcoin reaching new all time highs of $40,000+ the amount being paid out for campaigns would be extremely high unless they are fixed in USD$ but paid in Bitcoin.
If campaign participants are getting thousands of USD$ every month in this campaign then great for them but it seems almost inevitable at some point that paying out over BTC100 @ $40,000 which is around $4 million does not seem like it is the best usage of seeking promotion to their website. $4 million would be more than enough for a massive social media campaign and catchy television ads running in various languages in various countries across the globe.
Congratulations to all that have and still are participating in this campaign, from what I recall I applied twice but was not selected. Even if I had been, I think I would still have the same outlook about the payout system.
True, but that doesn't mean the payments have to be fixed in bitcoin. There's absolutely nothing wrong in saying it's $1/3/5/10/30 per post in bitcoin, the payment is still in bitcoin after all. I think we can all agree that the current payment is quite ludicrous and can easily be avoided in future. If they still wanted to pay in a fixed bitcoin price they could still cap the total weekly amount you can get but paying in a fixed fiat amount would make more sense to me.
If campaign participants are getting thousands of USD$ every month in this campaign then great for them but it seems almost inevitable at some point that paying out over BTC100 @ $40,000 which is around $4 million does not seem like it is the best usage of seeking promotion to their website. $4 million would be more than enough for a massive social media campaign and catchy television ads running in various languages in various countries across the globe.
Congratulations to all that have and still are participating in this campaign, from what I recall I applied twice but was not selected. Even if I had been, I think I would still have the same outlook about the payout system.
I tend to agree with 1 BTC = 1 BTC.
True, but that doesn't mean the payments have to be fixed in bitcoin. There's absolutely nothing wrong in saying it's $1/3/5/10/30 per post in bitcoin, the payment is still in bitcoin after all. I think we can all agree that the current payment is quite ludicrous and can easily be avoided in future. If they still wanted to pay in a fixed bitcoin price they could still cap the total weekly amount you can get but paying in a fixed fiat amount would make more sense to me.
The smallest chip has always been 0.001 BTC, and so the minimum you can donate from your chips has always been 0.001 BTC, regardless of that fiat price. Obviously you can donate more by sending a non-multiple of 0.001 BTC, but donating a chip or two is better for your privacy.
Once they use a value of any fiat currency, paid in bitcoin, then the post is no longer actually paid in bitcoin. It is paid in fiat, converted to bitcoin and sent through bitcoin as a payment channel. They could have just used PayPal as the value of the payment does not change in terms of fiat. Of course, no one here uses PayPal huh... (and if you do, you can just buy bitcoin now with it.)
legendary
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True, but that doesn't mean the payments have to be fixed in bitcoin. There's absolutely nothing wrong in saying it's $1/3/5/10/30 per post in bitcoin, the payment is still in bitcoin after all.
We still need years to get adopted with Bitcoin ecosystem. Take out $/fiat equation from the mind, it's easy. 1 BTC is 1 BTC. Imagine there are no fiat system, bitcoin is the currency. To buy a drink you are paying 0.000075 BTC, to buy a pack of cigarette you are paying 0.0003734 BTC, to buy a packet dinner you are paying 0.0009341 BTC.I know it's not realistic now but maybe for Chipmixer - it's already a reality.
Why not embrace 1 BTC = 1 BTC?
*let me comment a little...
I also joined a signature campaign that pays satoshi based on the number of posts but as the price of Bitcoin increases, the nominal satoshi paid to each member decreases. but Chpmixer is different, from the start they will not reduce the amount of satoshi they pay/post because it doesn't burden their finances at all. lucky for all participants.
I also joined a signature campaign that pays satoshi based on the number of posts but as the price of Bitcoin increases, the nominal satoshi paid to each member decreases. but Chpmixer is different, from the start they will not reduce the amount of satoshi they pay/post because it doesn't burden their finances at all. lucky for all participants.
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I tend to agree with 1 BTC = 1 BTC.
True, but that doesn't mean the payments have to be fixed in bitcoin. There's absolutely nothing wrong in saying it's $1/3/5/10/30 per post in bitcoin, the payment is still in bitcoin after all. I think we can all agree that the current payment is quite ludicrous and can easily be avoided in future. If they still wanted to pay in a fixed bitcoin price they could still cap the total weekly amount you can get but paying in a fixed fiat amount would make more sense to me.
I tend to agree with 1 BTC = 1 BTC.
When the time comes that 1 BTC = $1m and ChipMixer is still around, and their pay structure has not changed, you can bet that all remaining participants will have the best quality posts in the entire forum, relative to all other signature campaigns. No one is going to risk getting delisted or removed.
Like what has been mentioned, if you want to be VIP here, donate 50 bitcoins. That's not changing (and maybe why no one has been donating recently.)
When the time comes that 1 BTC = $1m and ChipMixer is still around, and their pay structure has not changed, you can bet that all remaining participants will have the best quality posts in the entire forum, relative to all other signature campaigns. No one is going to risk getting delisted or removed.
Like what has been mentioned, if you want to be VIP here, donate 50 bitcoins. That's not changing (and maybe why no one has been donating recently.)
I just want to contribute about the weekly payment of this campaign, some people can be annoyed because the payment is high and wish for reduction, and most likely these people are not on this campaign, that is how human nature is, but if they are hired for this campaign, they will not think so. If there will be reduction in the weekly payment, we members are not concerned, only people that are concerned are the brain behind Chipmixer and the campaign manager, DarkStar. They have a representative that will negotiate this to DarkStar. DarkStar will be the one to declear appreciate changes to terms of payment or new campaign will be opened. So far Bitcointalk members are not the ones paying for this campaign, they need not to make any comment about the payment in my opinion.
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Pegging to fiat isn't a bad thing in times like these.
When the business is getting paid in bitcoin, pays in bitcoin, and works only with bitcoin and its revenue is not dependent on bitcoin price rise/fall, it makes no sense to measure things in fiat terms. I've made this argument elsewhere about gambling sites but it also works with mixers and any other business that is always working purely with bitcoin, maybe more so for mixers since their customer count increases unlike gambling sites. Kinda like this forum's donator status still costing 10BTC.
With that said, I wouldn't be surprised if the rates were lowered at some point since we are still living in a fiat world where 1BTC is not 1BTC but is X$.
Of course it makes sense. It makes perfect sense so people don't end up getting paid something silly like 30± dollars per post nor do they get shortchanged if it falls. Just because a company gets paid in bitcoin, pays in bitcoin, and works only with bitcoin and its revenue is not dependent on bitcoin price rise/fall doesn't mean the value should stick to a fixed bitcoin price. There's absolutely nothing wrong with saying something like you get 5 dollars in bitcoin per post or whatever. The forum also deals only deals and pays in bitcoin but staff payments are capped in fiat amounts but are always paid in bitcoin. Its much safer and logical that way.
Pegging to fiat isn't a bad thing in times like these.
When the business is getting paid in bitcoin, pays in bitcoin, and works only with bitcoin and its revenue is not dependent on bitcoin price rise/fall, it makes no sense to measure things in fiat terms. I've made this argument elsewhere about gambling sites but it also works with mixers and any other business that is always working purely with bitcoin, maybe more so for mixers since their customer count increases unlike gambling sites. Kinda like this forum's donator status still costing 10BTC.
With that said, I wouldn't be surprised if the rates were lowered at some point since we are still living in a fiat world where 1BTC is not 1BTC but is X$.
You are right from the bitcoin business perspective, and even from the principle, because this is the way to go if you believe in actual goods with fixed bitcoin prices.
However it can definitely come with adverse effects when it comes to the campaign participants. Because I believe they do feel the difference, and do act differently depending on the bitcoin price. Hell if it didn't cross my mind how crazy rates are right now. And I'm from a high paying country, with a good paying job. Now think about someone from a country with very low revenues. They might earn in a week what a good paying job brings in a year. That brings some kind of pressure with it, isn't it?
Pegging to fiat isn't a bad thing in times like these.
When the business is getting paid in bitcoin, pays in bitcoin, and works only with bitcoin and its revenue is not dependent on bitcoin price rise/fall, it makes no sense to measure things in fiat terms. I've made this argument elsewhere about gambling sites but it also works with mixers and any other business that is always working purely with bitcoin, maybe more so for mixers since their customer count increases unlike gambling sites. Kinda like this forum's donator status still costing 10BTC.
With that said, I wouldn't be surprised if the rates were lowered at some point since we are still living in a fiat world where 1BTC is not 1BTC but is X$.
I think there is nothing more to discuss here.
For my part, I am happy for everyone who can be a part of this signature-campaign.
And I hope, that the amount of weekly payment for the participants, can stay as it is, for a long time.
Sure, I would also like to be part of it. Just like almost everyone of us.
But that's mostly why I'm talking like this.
Because if I were there, I would also hope and be happy about every day that there is no downward adjustment...
Do not begrudge the current members! Envy eats away your own soul
For my part, I am happy for everyone who can be a part of this signature-campaign.
And I hope, that the amount of weekly payment for the participants, can stay as it is, for a long time.
Sure, I would also like to be part of it. Just like almost everyone of us.
But that's mostly why I'm talking like this.
Because if I were there, I would also hope and be happy about every day that there is no downward adjustment...
Do not begrudge the current members! Envy eats away your own soul
legendary
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I don't think it should be changed although it depends on ChipMixer. When the campaign had started, the price of bitcoin was around $2000 which is $300 a month. And when price pumped to 2017 ATH, it was about $3000 per month. Again BTC crashed to $3000 and the pay rate was still the same.
Why would now it be changed? From the very beginning, the campaign was paying in terms of BTC. When BTC crashed to $3000, I think ChipMixer wasn’t the highest paid campaign in term of USD value. It means ChipMixer has always considered 1 BTC = 1 BTC which should be now too.
Why would now it be changed? From the very beginning, the campaign was paying in terms of BTC. When BTC crashed to $3000, I think ChipMixer wasn’t the highest paid campaign in term of USD value. It means ChipMixer has always considered 1 BTC = 1 BTC which should be now too.
or peg the per post to fiat.
And what happens next when (if)BTC tanks? they will be paying more BTC, or they will have to re-evaluate the situation every time a major change in price happens which isn't very practical. There is really no easy "fix", you pay in fiat - you are subject to pay more BTC, you pay in BTC - you become subject to pay more fiat, which why I think most businesses will pay in the "currency" they earn in order to keep their budget in place since Chipmixer is one of the few companies on planet earth that earn and spend only in BTC it will be hard to peg the payment to fiat, on the other hand, fiat wise while BTC price is at levels is a lot, and Chipmixer can really save a lot by reducing the payments at least temporary, and as Suchmoon said, most likely nobody will complain.
With that being said, and given how successful Chipmixer is and also how long they have been in the business, I bet they are more capable than most of us in making decisions related to advertising campaign budget.
I thought like the others did, as the currency increases in price then more people are using their services so they'll generate more profit from that (even in btc value as btc gets more distributed).
I think a strong majority of members in this campaign are active users or have used chipmixer too so we're probably refunding it by donating in that sense too and adding more liquidity to the mixer in chips (supplementing and adding to. The randomness chipmixer er itself also ensures).
There's also the thing that a lot of these signature campaigns have been sold to the admin on the idea they're putting btc into people that wouldn't have btc already. Much like mining did in 2009-2013 where it could be mined using a gpu or cpu...
I think a strong majority of members in this campaign are active users or have used chipmixer too so we're probably refunding it by donating in that sense too and adding more liquidity to the mixer in chips (supplementing and adding to. The randomness chipmixer er itself also ensures).
There's also the thing that a lot of these signature campaigns have been sold to the admin on the idea they're putting btc into people that wouldn't have btc already. Much like mining did in 2009-2013 where it could be mined using a gpu or cpu...
The President of Brazil salary (and also the supreme court) is R$ 39.000
This is now 0.185 BTC per month
Cm pays 0.15, or R$32000 per month (A few more because a month has more than 4 weeks)
So a few less than the supreme court judges and the president. Maybe the same as a senator or something like
This is now 0.185 BTC per month
Cm pays 0.15, or R$32000 per month (A few more because a month has more than 4 weeks)
So a few less than the supreme court judges and the president. Maybe the same as a senator or something like
Well yes but these politicians don't really know anything about Bitcoin now, do they?
Not only that, but we also need to take into consideration the important factor that as bitcoin grows in price, so does Bitcointalk's traffic, and most probably so does ChipMixer's traffic(hence also an increase in earnings). So I guess we can probably make the assumption that it sort of all balances out in the end?
I admire your optimism but I don't think $30 per post will last... doesn't make much business sense when everyone would happily participate even with a 90% reduction.
I fully agree on this
Just to have an idea about the rates right now.
The President of Brazil salary (and also the supreme court) is R$ 39.000
This is now 0.185 BTC per month
Cm pays 0.15, or R$32000 per month (A few more because a month has more than 4 weeks)
So a few less than the supreme court judges and the president. Maybe the same as a senator or something like
But at the same time this forum is the best place to advertise a mixer service. Where else could it be advertised? Google and Facebook certainly not. And CM signature is everywhere here.
But it might not all be 1:1, and seeing that DarkStar_ has merited suchmoon, the participants of this campaign should be prepared for reductions in rates paid.
I don't know if anything will happen (yet). I would not be surprised (and neither should anyone else be) if payment rates were reduced.
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