LTBcoin [LTBc] "Let's Talk Bitcoin" crypto-rewards Official Discussion Thread - page 10.

Fakhoury

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Quote from: crackerhead on August 01, 2014, 11:14:00 AM

Quote from: Fakhoury on August 01, 2014, 07:50:32 AM

1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

1st multiplication was for getting the total points for 20 posts

2nd one was for getting how much total sum of ltbcoins for that 89.5 points

3rd one was for knowing how much ltbcoins you will get for 20 posts

because, if you multiplied the result of the 3rd equation which is 179000 with the price of ltbcoin, and converted that number to btc then to usd, to will see a realistic number.

Well the first calculation is wrong though. 17.9 PoP is already how much PoP you earn for 20 posts in a day. to get 89.5 PoP points a day from posts, you would have to post probably over 1000 times a day!
Maybe start the calculation over with your base after step 1 being 17.9 (not 89.5).

In about 24 hours the next payout will happen, so you will get a better picture of how much your efforts are worth.

Thank you.

1. I made that calculation as you said, it had even more realistic numbers, I guess these are the right ones.

2. The latest "Beyond Bitcoin" podcast has a magic word, I'm taking about the 11th episode.

crackerhead

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Quote from: Fakhoury on August 01, 2014, 10:48:45 AM

Does all podcasts/shows now have the magic word, or only some of them ?

Since the magic word is fairly new, there are still a few kinks that are being worked out. The only podcast that won't have a "magic word" is the SovereignBTC podcast (since they are usually short, if they start including magic words, I will let you guys know).

With that being said, the last 2 "Beyond Bitcoin" podcasts did not have a magic word (I believe this is because they were recorded a couple weeks ago.)
All future "Beyond Bitcoin" podcasts should have a magic word, and all new podcasts (besides SovereignBTC), will probably have a magic word.
I say probably, because it's always possible the host could forget the magic word, or something of that nature.

crackerhead

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Quote from: Fakhoury on August 01, 2014, 07:50:32 AM

1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

1st multiplication was for getting the total points for 20 posts

2nd one was for getting how much total sum of ltbcoins for that 89.5 points

3rd one was for knowing how much ltbcoins you will get for 20 posts

because, if you multiplied the result of the 3rd equation which is 179000 with the price of ltbcoin, and converted that number to btc then to usd, to will see a realistic number.

Well the first calculation is wrong though. 17.9 PoP is already how much PoP you earn for 20 posts in a day. to get 89.5 PoP points a day from posts, you would have to post probably over 1000 times a day!
Maybe start the calculation over with your base after step 1 being 17.9 (not 89.5).

In about 24 hours the next payout will happen, so you will get a better picture of how much your efforts are worth.

Fakhoury

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Does all podcasts/shows now have the magic word, or only some of them ?

Fakhoury

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1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

1st multiplication was for getting the total points for 20 posts

2nd one was for getting how much total sum of ltbcoins for that 89.5 points

3rd one was for knowing how much ltbcoins you will get for 20 posts

because, if you multiplied the result of the 3rd equation which is 179000 with the price of ltbcoin, and converted that number to btc then to usd, to will see a realistic number.

mikerbiker6

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Quote from: Fakhoury on July 31, 2014, 09:31:34 PM

I want to ask something please, crackerhead, as you seem to like Math like me, but please, ultra focus.

Lets use that conversion you made

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

Is this right ?

the points are cumulative:
You get 5 points for the 1st post, then 2.5 for the 2nd, and so on. So the total after 20 posts is 17.9 pop.
Is that what you mean?

crackerhead

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Quote from: serje on August 01, 2014, 02:10:18 AM

Quote from: crackerhead on August 01, 2014, 01:28:02 AM

Quote from: serje on August 01, 2014, 01:01:49 AM

Quote from: crackerhead on August 01, 2014, 12:32:05 AM

Hey guys, the podcast host of beyond bitcoin said there is no magic word for Beyond Bitcoin - 11 - The NXT Economy
Sorry about that guys, he did say he will have a magic word in the next one though, here is what he said:

Quote

Legendface66 • an hour ago
sorry guys, did not submit the word. Couldn't figure it out and I was already late on the episode so I didn't want to edit, remaster and reupload. Now that I see people are into this I'll endeavour to not only get it right but also make it difficult, esoteric and interesting. That means you shouldn't expect to get every one :-)

oh, and also to e-nun-ci-ate :-/

It is still worth checking out his podcast though. I personally find the Beyond Bitcoin podcasts very interesting.

I don't have a magic word since 25 july .... anyone here share the same problem?

Not having that problem, here is when I had my last magic word:
Let's Talk Bitcoin #131 A Potent Combination July 29, 2014 at 5:25 PM

Are you not hearing the magic word in the podcast? Or are you having an issue submitting the magic word?

I hear the magic word on this show MMM S02E09: A Comedy of Errors Blog Post July 25, 2014 at 11:22 PM

but didn't heard of another magic word since then ... will try to listen to it more carefully not while playing LoL!

Haha yeah they are there, I promise Grin

serje

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Quote from: crackerhead on August 01, 2014, 01:28:02 AM

Quote from: serje on August 01, 2014, 01:01:49 AM

Quote from: crackerhead on August 01, 2014, 12:32:05 AM

Hey guys, the podcast host of beyond bitcoin said there is no magic word for Beyond Bitcoin - 11 - The NXT Economy
Sorry about that guys, he did say he will have a magic word in the next one though, here is what he said:

Quote

Legendface66 • an hour ago
sorry guys, did not submit the word. Couldn't figure it out and I was already late on the episode so I didn't want to edit, remaster and reupload. Now that I see people are into this I'll endeavour to not only get it right but also make it difficult, esoteric and interesting. That means you shouldn't expect to get every one :-)

oh, and also to e-nun-ci-ate :-/

It is still worth checking out his podcast though. I personally find the Beyond Bitcoin podcasts very interesting.

I don't have a magic word since 25 july .... anyone here share the same problem?

Not having that problem, here is when I had my last magic word:
Let's Talk Bitcoin #131 A Potent Combination July 29, 2014 at 5:25 PM

Are you not hearing the magic word in the podcast? Or are you having an issue submitting the magic word?

I hear the magic word on this show MMM S02E09: A Comedy of Errors Blog Post July 25, 2014 at 11:22 PM

but didn't heard of another magic word since then ... will try to listen to it more carefully not while playing LoL!

crackerhead

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Quote from: serje on August 01, 2014, 01:01:49 AM

Quote from: crackerhead on August 01, 2014, 12:32:05 AM

Hey guys, the podcast host of beyond bitcoin said there is no magic word for Beyond Bitcoin - 11 - The NXT Economy
Sorry about that guys, he did say he will have a magic word in the next one though, here is what he said:

Quote

Legendface66 • an hour ago
sorry guys, did not submit the word. Couldn't figure it out and I was already late on the episode so I didn't want to edit, remaster and reupload. Now that I see people are into this I'll endeavour to not only get it right but also make it difficult, esoteric and interesting. That means you shouldn't expect to get every one :-)

oh, and also to e-nun-ci-ate :-/

It is still worth checking out his podcast though. I personally find the Beyond Bitcoin podcasts very interesting.

I don't have a magic word since 25 july .... anyone here share the same problem?

Not having that problem, here is when I had my last magic word:
Let's Talk Bitcoin #131 A Potent Combination July 29, 2014 at 5:25 PM

Are you not hearing the magic word in the podcast? Or are you having an issue submitting the magic word?

serje

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Quote from: crackerhead on August 01, 2014, 12:32:05 AM

Hey guys, the podcast host of beyond bitcoin said there is no magic word for Beyond Bitcoin - 11 - The NXT Economy
Sorry about that guys, he did say he will have a magic word in the next one though, here is what he said:

Quote

Legendface66 • an hour ago
sorry guys, did not submit the word. Couldn't figure it out and I was already late on the episode so I didn't want to edit, remaster and reupload. Now that I see people are into this I'll endeavour to not only get it right but also make it difficult, esoteric and interesting. That means you shouldn't expect to get every one :-)

oh, and also to e-nun-ci-ate :-/

It is still worth checking out his podcast though. I personally find the Beyond Bitcoin podcasts very interesting.

I don't have a magic word since 25 july .... anyone here share the same problem?

crackerhead

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Activity: 252

Merit: 251

My Head is a Ritz

Hey guys, the podcast host of beyond bitcoin said there is no magic word for Beyond Bitcoin - 11 - The NXT Economy
Sorry about that guys, he did say he will have a magic word in the next one though, here is what he said:

Quote

Legendface66 • an hour ago
sorry guys, did not submit the word. Couldn't figure it out and I was already late on the episode so I didn't want to edit, remaster and reupload. Now that I see people are into this I'll endeavour to not only get it right but also make it difficult, esoteric and interesting. That means you shouldn't expect to get every one :-)

oh, and also to e-nun-ci-ate :-/

It is still worth checking out his podcast though. I personally find the Beyond Bitcoin podcasts very interesting.

crackerhead

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My Head is a Ritz

Quote from: Fakhoury on July 31, 2014, 09:31:34 PM

I want to ask something please, crackerhead, as you seem to like Math like me, but please, ultra focus.

Lets use that conversion you made

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

Is this right ?

Sorry, I think I have had a bit too much wine tonight, to focus too hard Grin

Starting with step 1 though, I don't understand why you multiplied by 5. Yes 1 comment would give you 5 PoS points, but 20 will only give you 17.9, not 89.5

I guess I don't understand exactly what you are trying to calculate. Why multiply 8950 by 20, and what do you think that 179,000 represents?

Maybe I am more drunk than I think, but I am quite confused Tongue

Fakhoury

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I want to ask something please, crackerhead, as you seem to like Math like me, but please, ultra focus.

Lets use that conversion you made

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

1. If we multiplied 17.9 (PoP earned at base 5 for the 20 posts) times 5 it will equal 89.5, so now the 20 posts have 89.5 points.

2. If we multiplied 89.5 times 100 (LTBc / Point from my mind, which is similar to the ones of the past week, I got this from here http://letstalkbitcoin.com/ltbcoin-stats) this will equal 8950, now we know the value of each point's in terms of ltbcoin

3. If we multiplied 8950 times 20 (number of posts), it will equal to 179000 (the summation of ltbcoins for each point)

Is this right ?

crackerhead

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Quote from: mikerbiker6 on July 31, 2014, 03:47:32 PM

Quote

Quote from: crackerhead on July 27, 2014, 09:51:57 PM
LTBcoin does not use computational mining. Instead, coins are distributed to the content creators, the community and the platform according to a fixed schedule.

The advantage is that no expensive mining has to be done to keep the transactions secure. LTBc is build on the BTC blockchain and is therefore secured by the massive hashrate of bitcoin miners. This disadvantage is that the devs control all coins. You have to trust the devs to deliver on their promise to distribute the coins.

Unfortunately, in order to distribute coins in this matter, someone has to be in charge of them. Luckily every weekly distribution is completely transparent.
http://letstalkbitcoin.com/ltbcoin-stats
https://docs.google.com/spreadsheets/d/1GzytNblMx8xBmUczX7sPC8QitkJrrRirNrh2AJtjy1Q/edit?pli=1#gid=508171322

I can't speak for adam, but he has a great reputation, and a lot to lose if he ran off with all the LTBcoin (also, it would make his LTBcoin nearly worthless).

Fakhoury

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Quote from: crackerhead on July 31, 2014, 07:53:08 PM

Quote from: Fakhoury on July 31, 2014, 05:20:41 PM

Quote from: crackerhead on July 31, 2014, 05:11:38 PM

Don't worry, I didn't forget:

So I apologize, I was wrong, there is no limit on how much PoP you can earn in a day, just the amount you earn diminishes for every post. Below is the amount you would earn if you made 10-20 posts in a day

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

Sorry about the misinformation, I will make sure to be more accurate in the future.
PS feel free to check my math, I did this fast, also I rounded up to make it more simple.

No problem, we all make mistakes, it's ok

Is this adam's reply ? If not, can you share adam's reply please ?

Thank you.

From adam,
There is no limit on what you can earn but the more you do per day the less each further action is worth

Thanks for conforming.

crackerhead

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Quote from: Fakhoury on July 31, 2014, 05:20:41 PM

Quote from: crackerhead on July 31, 2014, 05:11:38 PM

Don't worry, I didn't forget:

So I apologize, I was wrong, there is no limit on how much PoP you can earn in a day, just the amount you earn diminishes for every post. Below is the amount you would earn if you made 10-20 posts in a day

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

Sorry about the misinformation, I will make sure to be more accurate in the future.
PS feel free to check my math, I did this fast, also I rounded up to make it more simple.

No problem, we all make mistakes, it's ok

Is this adam's reply ? If not, can you share adam's reply please ?

Thank you.

From adam,
There is no limit on what you can earn but the more you do per day the less each further action is worth

Fakhoury

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Quote from: crackerhead on July 31, 2014, 05:11:38 PM

Quote from: Fakhoury on July 31, 2014, 04:39:28 PM

Quote from: crackerhead on July 31, 2014, 01:32:35 PM

Quote from: Fakhoury on July 31, 2014, 07:32:11 AM

Quote from: crackerhead on July 31, 2014, 12:15:32 AM

That is 10 posts per day, comments and forum posts all count as the same, so if you have 7 forum posts, and 3 article posts, you will have your 10 post that day.

Is that what you were asking?
Ask away, I'm sure other people are wondering the same things, but just haven't asked.

Thank you for all of your answers.

Regarding the 2nd question, how did you know that the max. is 10 posts per day whatever they are forum one/article one or combainatoon of both ?

When I looked at the PoP google doc, yes, I saw that table where it stops at 10 posts per day which will get you 14.6 PoP, but is that table the reason why you said the max. is 10 ?

Thanks

I saw this being discussed on the LTB forum, but after searching this morning, I can't find the discussion. I have messaged adam regarding this, and I will let you know the exact details when I hear back from him.

Don't forget me please

Don't worry, I didn't forget:

So I apologize, I was wrong, there is no limit on how much PoP you can earn in a day, just the amount you earn diminishes for every post. Below is the amount you would earn if you made 10-20 posts in a day

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

Sorry about the misinformation, I will make sure to be more accurate in the future.
PS feel free to check my math, I did this fast, also I rounded up to make it more simple.

No problem, we all make mistakes, it's ok

Is this adam's reply ? If not, can you share adam's reply please ?

Thank you.

crackerhead

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Quote from: Fakhoury on July 31, 2014, 04:39:28 PM

Quote from: crackerhead on July 31, 2014, 01:32:35 PM

Quote from: Fakhoury on July 31, 2014, 07:32:11 AM

Quote from: crackerhead on July 31, 2014, 12:15:32 AM

That is 10 posts per day, comments and forum posts all count as the same, so if you have 7 forum posts, and 3 article posts, you will have your 10 post that day.

Is that what you were asking?
Ask away, I'm sure other people are wondering the same things, but just haven't asked.

Thank you for all of your answers.

Regarding the 2nd question, how did you know that the max. is 10 posts per day whatever they are forum one/article one or combainatoon of both ?

When I looked at the PoP google doc, yes, I saw that table where it stops at 10 posts per day which will get you 14.6 PoP, but is that table the reason why you said the max. is 10 ?

Thanks

I saw this being discussed on the LTB forum, but after searching this morning, I can't find the discussion. I have messaged adam regarding this, and I will let you know the exact details when I hear back from him.

Don't forget me please

Don't worry, I didn't forget:

So I apologize, I was wrong, there is no limit on how much PoP you can earn in a day, just the amount you earn diminishes for every post. Below is the amount you would earn if you made 10-20 posts in a day

11: 15.1
12: 15.5
13: 15.9
14: 16.2
15: 16.6
16: 16.9
17: 17.2
18: 17.4
19: 17.7
20: 17.9

Sorry about the misinformation, I will make sure to be more accurate in the future.
PS feel free to check my math, I did this fast, also I rounded up to make it more simple.

Fakhoury

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Quote from: crackerhead on July 31, 2014, 01:32:35 PM

Quote from: Fakhoury on July 31, 2014, 07:32:11 AM

Quote from: crackerhead on July 31, 2014, 12:15:32 AM

That is 10 posts per day, comments and forum posts all count as the same, so if you have 7 forum posts, and 3 article posts, you will have your 10 post that day.

Is that what you were asking?
Ask away, I'm sure other people are wondering the same things, but just haven't asked.

Thank you for all of your answers.

Regarding the 2nd question, how did you know that the max. is 10 posts per day whatever they are forum one/article one or combainatoon of both ?

When I looked at the PoP google doc, yes, I saw that table where it stops at 10 posts per day which will get you 14.6 PoP, but is that table the reason why you said the max. is 10 ?

Thanks

I saw this being discussed on the LTB forum, but after searching this morning, I can't find the discussion. I have messaged adam regarding this, and I will let you know the exact details when I hear back from him.

Don't forget me please

Fakhoury

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Quote from: InwardContour on July 31, 2014, 04:02:29 PM

The last magic word is almost impossible to hear, here is the podcast:

http://letstalkbitcoin.com/blog/post/beyond-bitcoin-11-the-nxt-economy

If someone can understand what is he saying let me know!

"headuponus" "hippopotamus" "haveabonus" what is that?

Currently MadMoneyMachine, Bitcoins and Gravy and Let's Talk Bitcoin! all are using Magic Words.

Topic: LTBcoin [LTBc] "Let's Talk Bitcoin" crypto-rewards Official Discussion Thread - page 10. (Read 222442 times)