Growing Blackmarket for Merit trading - page 2.

hilariousetc

legendary

Activity: 2954

Merit: 3060

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Quote from: Rajs64 on September 22, 2018, 10:28:05 AM

wondered who has +50 merits to sell?? definitely, a high ranked member or may be group of them(+5) who can give 10merits each Huh

Or they're just a scammer taking their chances. Let me tell you that probably the majority of people selling accounts and merits these days have no accounts or merits to sell at all. They're just praying on the desperate and hope they get a few naive people to send them coins first and they'll then get nothing in return and there's nobody to turn to to get their money back. That's not to say merit and account sales don't happen, because they certainly do, they're just probably not as widespread as you might think and there's probably a lot more scammers looking for an easy scam then actual genuine sellers.

Rajs64

jr. member

Activity: 322

Merit: 6

some more facts:

wondered who has +50 merits to sell?? definitely, a high ranked member or may be group of them(+5) who can give 10merits each Huh

k0er

legendary

Activity: 1134

Merit: 1068

Quote from: OgNasty on September 22, 2018, 08:51:17 AM

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

I guess the thing is that buying a membership will nt return Junior rank to continue participating in the bounty campaign.
Newbie + Copper= same Newbie. I mean about bounty`s stakes for rank. So they are ready to buy more expensive, because the activity hasn`t decreased and they`ll immediately become Juniors.

hilariousetc

legendary

Activity: 2954

Merit: 3060

Join the world-leading crypto sportsbook NOW!

I'm willing to sell my 300 source merits for one Lambo.

Quote from: OgNasty on September 22, 2018, 08:51:17 AM

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

Don't forget they're still going to need more merit to rise past Junior and above. I think Copper Member should just be some basic whitelisting function and it shouldn't get you a bigger signature. It's far too cheap and most abusers will just cough up for it. If we're going to let people buy the advantages of ranks then we should go with the Silver and Gold options I've suggested and make them sufficiently expensive so most can't afford them on their 200 accounts.

Quote from: suchmoon on September 22, 2018, 09:27:12 AM

Quote from: vlad230 on September 22, 2018, 09:10:20 AM

Maybe this is where the price for 1 merit came from, same as the price of a copper membership

I have a feeling that Copper membership will be perceived with a certain stigma, particularly on accounts with lots of posts and zero merits. I would be like saying "I'm so useless that the only way for me to become a member of this forum was to pay for it". So in that respect having a merit looks better. Although Copper offers other advantages, such as a larger signature. Real ballers will want both.

Yeah, it's only a matter of time before it becomes a mark or shame and a 'shitposter' rank. I hope most campaigns won't pay for it, but sadly ICO shitcampaigns won't care and will take whatever they can get.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: OgNasty on September 22, 2018, 08:51:17 AM

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

The recent avalanche of topics in all sections about the recent update proved that maybe half of the forum users are unable to search for a topic and information. How many of them do you think are aware that Copper Membership can be bought?

This is just like newbies buying obsolete overpriced miners on ebay Wink

Quote from: Zhagedu on September 22, 2018, 09:28:04 AM

i will get up with my knowledge and contribute my quota to the growth of this forum, believing that one day i will be merited for just only one post to enable me get back my account on Bountyhive as a Jr. Member.

I really have no idea what this guy is talking about Huh

Quote from: suchmoon on September 22, 2018, 09:27:12 AM

I have a feeling that Copper membership will be perceived with a certain stigma, particularly on accounts with lots of posts and zero merits. I would be like saying "I'm so useless that the only way for me to become a member of this forum was to pay for it". So in that respect having a merit looks better. Although Copper offers other advantages, such as a larger signature. Real ballers will want both.

To be honest, usually when I see "Merit: 1" in the description of a user I'm curious to click and check how one earth did that user get merit. And in most cases.... Cry

Zhagedu

newbie

Activity: 118

Merit: 0

Quote from: OgNasty on September 22, 2018, 08:51:17 AM

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

Nice talk but those of us who were demoted from Jr. Member to the rank of a Newbie, was a welcome development even though it was a shock on our part's to be given such treatment in the name of SHITPOSTERS, OR forum SPAMMERS; i will get up with my knowledge and contribute my quota to the growth of this forum, believing that one day i will be merited for just only one post to enable me get back my account on Bountyhive as a Jr. Member.

Paying for merit will not solve anything than to inflect more injuries to the forum reputation. I will dust up my English book and get my merit as i have no other ways to get it to myself.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: vlad230 on September 22, 2018, 09:10:20 AM

Maybe this is where the price for 1 merit came from, same as the price of a copper membership

I have a feeling that Copper membership will be perceived with a certain stigma, particularly on accounts with lots of posts and zero merits. I would be like saying "I'm so useless that the only way for me to become a member of this forum was to pay for it". So in that respect having a merit looks better. Although Copper offers other advantages, such as a larger signature. Real ballers will want both.

LeGaulois

copper member

Activity: 2940

Merit: 4101

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Oh well, I suppose we will soon see a Pump and Dump Smerit Telegram channel. Or Buyer will realize, in the long term, how ridiculous is it is to buy smerits knowing it isn't difficult to be rewarded with. If you are not so dumb and can give substance to a conversation, everyone can be rewarded with a Smerit

poor souls...

vlad230

sr. member

Activity: 616

Merit: 279

Quote from: Rajs64 on September 22, 2018, 07:41:05 AM

Well!! Merits can be traded in exchange for USD

That's very bad... I don't know why people insist on buying it, when they could easily earn it with a decent post.

Quote from: mdayonliner on September 22, 2018, 07:53:03 AM

PS: Good finding OP. I would encourage you to find the buyers and sellers too with evidences if possible. DTs will take care of them. It's obvious that there will be merit abusing however as a community if we are active to find those losers then we can at-least bring some justice for those who are earning legitimate merit.

I think anyone caught doing this should be immediately banned to ever posting here. They are essentially stealing money from the forum, since you can buy a Copper Membership to be able to keep signatures, as theymos said it here:

Quote from: theymos on November 10, 2017, 04:23:30 PM

[...]
- Some of the same permissions as Member-rank members, such as reduced signature styling restrictions. (But none of the PM-related restrictions are currently lifted, such as the style limit or per-hour PM limit.)
[...]

Quote from: OgNasty on September 22, 2018, 08:51:17 AM

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

Well... Not really, it actually costs almost the same. To be a copper member you need to pay 0.00208333 BTC aka $13.93

More info here: https://bitcointalk.org/index.php?action=credit;promote

Maybe this is where the price for 1 merit came from, same as the price of a copper membership

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

People are paying more for merit than a Copper Membership costs? That seems a bit insane to me.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

I expected that this will happen since the start of the merit system (around a week or 2 after in exact) and now thay there is a new update regarding the merit system, I know that this will become more popular to those who got many sMerits.

I know theymos will do something to stop this merit selling in the future. I think admins must focus on spam problem first.

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Well if this continues, I expect that Theymos will stop the half life generation of sMerits, remove all of therm from existing wallets, and leave it to the merit sources, and possibly create some delegated sources.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Rajs64 on September 22, 2018, 07:41:05 AM

14$ seems a lucrative deal for anyone, and there is a discount as well when looking for >5 merits.

Considering there must be about 500.000 airdropped sMerit left amongst accounts, this high price doesn't make sense. Unless this means only a small fraction of users is offering Merit for sale, which is actually a good thing!

mdayonliner

copper member

Activity: 630

Merit: 420

We are Bitcoin!

Quote from: Rajs64 on September 22, 2018, 07:41:05 AM

14$ seems a lucrative deal for anyone, and there is a discount as well when looking for >5 merits.

14$/merit!!!
I would say theymos has now unlimited amount of money Tongue

He can easily creates merit and sell them to the dark-market. All he will need to do is that he is not theymos Grin

PS: Good finding OP. I would encourage you to find the buyers and sellers too with evidences if possible. DTs will take care of them. It's obvious that there will be merit abusing however as a community if we are active to find those losers then we can at-least bring some justice for those who are earning legitimate merit.

Rajs64

jr. member

Activity: 322

Merit: 6

Well!! Merits can be traded in exchange for USD

Or BTC, or other coins depending upon seller demand. I just found this conversation in one of the TG chats.

14$ seems a lucrative deal for anyone, and there is a discount as well when looking for >5 merits.

This business existed and is now gaining good momentum following the recent changes in rank requirement. The buyers usually are newbies or more specifically recently demoted jr. members who are in desperate need of merits to join bounty campaigns.

No wonder modus operandi might involve a chain of members as merit source, whom few are a well know face here( no offense, but it's a possibility)

Not sure if this has been discussed previously, but this situation will soon widespread merits achievement through $, as opposed where it shall be bestowed in exchange for constructive values provided to forum.

Difficult to crack down this issue, but suggestions are greatly appreciated!!

I thought of some revision(for newbie merit system), which tends to centralize the process

and this may make no sense but, no harm to share with your guys.will appreciate your +ve and -ve Roll Eyes

comments.

Topic: Growing Blackmarket for Merit trading - page 2. (Read 887 times)