Topic: Making $6000 by owning 100 bitcointalk accounts (Read 3686 times)

somewhat relevant, i remembered this from a while back: https://bitcointalksearch.org/topic/m.12914751
its possible given that someone aiming to make these 300+ posts a day could do so if they were able to type as fast and pump out thoughtful posts that contributed to a discussion, and were willing to go at it for 8+ hours a day. however, if it does get to that point, i think a huge limiting factor would be the availability of topics and posts to reply to without replying to themselves (iirc a user was banned in the past for holding staged sig spam discussions on their alts).
As you said, i think it would be near impossible to maintain decent post quality if someone were to do this, but if they did manage, i think their activities would be limited by the overall activity on the forum.

Reminds me of the Satoshiheaven & Co. faucets.
Pay out at 3 million, and no time limit.
You could achieve 1 BTC per 2-3 days, but it was fake.
100 accounts? Besides this being a disaster to organize, i think it would be against the rules.

I never said that they would be breaking a rule. It is correct that there is no limit. However, this method is based on posting in order to profit. Considering the high amount of posts that OP would want to achieve per day they would highly likely be of very low quality. One needs to spend an adequate amount of time in a thread to ensure that they post is not rephrasing what someone else already said and that it actually contributed. With almost 300 posts a day that would be hard to achieve.

The best way to achieve such a system is to apply in fixed rates campaigns, but good luck to find how to register 100 accounts !

sorry man but it you can only get 14 activity every 2 weeks, so if you managed to somehow have all those accounts, be active on all of them, not get banned for spamming or anything like that, it would take you like a year and a lot more effort than its worth to have the slightest chance of making anywhere near that much money from signature campaigns.

That is a factor indeed, but it would greatly complicate posting. Again, that might be only me, but I would find it extremely difficult to separate the accounts and to avoid collisions (in terms of same topics). The only way I can think off to make this cleanly is to give each account a specific set of sections they are active in.


From their activity level they look banned to me.


I could counter that it might be feasible for someone that is still at the university but heavily interested in AI, but they would likely have more fulfilling oportunities (maybe not in terms of money) than teaching neural networks to post on bitcointalk.

I think this is an inherent problem. Those that have no other option will very likely never reach your quality of posting while those that have other options have little reason to spam.

One reason why you might want to use multiple accounts would be to diversify who is paying you to advertise. For example if you only have one site you advertise for, and that site turns out to be a scam then you will lose your advertising income until you can find/arrange another deal. If you have 5 accounts that each advertise a different site then if one of them turns out to be a scam, then you can advertise from the other 4 accounts until you are able to arrange another deal on the 5th


I saw the luckbi.it campaign act crazy about multiple accounts enrolled in signature deals, and I think it would really just be a better idea to monitor post quality as having two accounts who make very strong posts by the same person would be beneficial to a signature campaign.


There were actually two accounts who would have pages long discussions in the politics section across multiple threads that made the politics section essentially impossible to post in (if you wanted to make useful/constructive posts).

sana8410 and umair127 used to frequently talk to each-other but are the same person (source). I believe that BadBear had left negative trust for all of zolace's alts, but for some reason seems to have removed the negatives. 
If the goal is to make $6k per month, then BTC trading at ~800 (as it was for much of early 2014) would make it much easier because you would need to make 1/2 as many posts (rates were roughly the same as they are now). If you wanted to make 280 posts per day, then you would likely need to use a decent amount of automation.

You could potentially use some kind of bot that uses AI to post on your behalf, however I understand that kind of software is likely going to be much more expensive then the expected earnings from a signature deal.

Fair enough.


Its certainly easier with less acounts, I guess the easiest with a single one, but that might be just me.


Which is precisely the reason you get (got?) premium rates.


Well yes, if your aim is to earn 6k USD per month I would expect its worth investing into software that allows you to streamline the posting. Maybe some kind of software or script similar to what mail support would use. It might even make sense to add boilers for commonly given answers. They would probably show, but many questions are asked repeatedly and the answers are often straight forward and require little to no thinking


Its often seen as an "anti spam" mechanism, but I agree its not working, but it makes it more difficult for spammers as they have to switch accounts.

Staff might care however if it turns out you are excessively discussing with yourself. If not, one could create a soap opera with several accounts under one control. A heated, but fake discussion about e.g. the blocksize conducted by a myriad of accounts with revelations all planted in advance only to raise the number of posts with a little public manipulation as a bonus or maybe the other way around depending on the intentions. Sounds like too much work though.


Its certainly not impossible, but its also not the "easy 6k" OP tried to make it. It would be a full time job and not a reliable one. I would even go so far and say that a well designed bot might go unnoticed earning off of a signature here. Who knows, maybe in 10 years bots are regular users here earning their coins to pay for their rent (server) and food (electricity bill).

It seems to be an interesting project for my next holidays

I was not saying that the scenario would be particularly likely to be successful, but was rather checking his logic, and his math
In the past, (if I remember the terms of the auction correctly), I received an effective rate of ~.0033 per post. The OP also referenced a currently open campaign that pays an effective rate of 0.002 per post (it is a fixed rate deal). In the past, many fixed rate deals paid .1 per month for 50 posts, which is effectively .002 per post, and in months past that increased somewhat, although currently it does not appear many of those types of deals are available.

It might be more reasonable if 10 or 20 accounts were used instead of 100, and if a large enough of a company with a large marketing budget came along, then it might be feasible to get all of them in custom deals that pay enough.

I would say it is unlikely you would be able to achieve .002 per post on this large of a scale today, however if a company with a very large marketing budget were to come around, then it might be more realistic. In much of 2014, there were a number of companies that altogether had the potential to support .002 per post over ~8400 posts. 

I would overall agree with your conclusion. At least based on the current posting volume of other people
I have never posted just to post as many posts as I can from my QS account. A good deal of my time on my QS account has been researching things to formulate my posts, researching alts of people, conducting business via PM, otherwise sending PM's, and reading threads that interest me but are above my technical level to allow me to post in them.

When I first started posting for signature deals (prior to starting to farm accounts, and prior to QS), I was posting to post as much as I could, and my records indicate that I made roughly 1,700 posts from the middle of June through the same point in July, 2014. I spent probably 3-4 hours per day (maybe 5 hours some days), maybe 5-6 days per week posting. I was somewhat inefficient in finding threads to post in, and often encountered the problem of wasting a lot of time reading 3-4 pages of "this is great news" before abandoning an attempt to reply to a thread a second time. Doubling the amount of time I spent posting would put you at roughly 110 posts per day, and weeding out inefficiencies, and automating finding/loading of threads might allow someone to increase that by some amount more. I would say that 280 posts per day is probably a stretch if you were to maintain the post quality that I had as of back then.

Those numbers roughly match mine above when I was posting with the intention of making as many posts as possible. Like I said, some of Amph's time is spent looking for threads to post in, and you could potentially use some kind of script to automatically load 3-4 threads while you are working on a post.

I would generally agree with this, although there are 10,000+ new posts made every day this month, so at least in theory there are enough posts to reply 280 times. A lot of these replies are probably in threads that have no interest to me, probably in the altcoin section. Remembering back to July 2014, a problem that I ran into was that I was running out of posts/threads to reply to. I believe this was roughly when the PD signature campaign was just winding down, and they were trying to weed out the spammers, so I had less people to reply to then in the past.

This was really before my time, however in the first part of 2014, it might have been more realistic to make closer to this many posts. Or you could say that in early 2014, with BTC closer to 700-800, you would need to make roughly 1/2 as many posts to each $6,000 per month, so it would be more realistic.

There are no rules against having multiple accounts, and this rule has been applied to most reputable campaigns in the past. At the end of the day, campaigns are going to care about your post quality above the fact that you only have one account enrolled in their campaign. Anyone who care more about only allowing "one account per person" is acting irrationally.

I would say overall that the chances of pulling this off are low, however I would not say that it is "impossible" as most other people have posted in this thread.

@QS I think your estimate is wrong on several things.

#1 the rate per post is too high, esp. considering 100(!) senior accounts. Several well known, quality posters here can get premium rates, but to establish 100 of these accounts will take time. You also need 100 spots in campaigns. Knowing a few premium rates I dont think anyone currently gets 0.002 per post.

#2 I dont think the number of posts per day are reasonable.

#2.1 Whenever we had been in the same campaign your posts have been judged as more constructive than mine, so I will take you as an example for someone posting exceptional quality posts. Your total time here is 233 days, 13 hours and 27 minutes for a total of 8572 posts. 336327 minutes/8572posts = 39 minutes per post. The quality you can maintain even with several alts requires you to read more that you write. Even if you build an internal knowledge base (like you did) over time I would say 400-500 posts per week at the maximum you could achieve, no matter how many accounts are involved.

#2.2 Lets take Amph as another example here. They have been criticised in the past for their post quality, but its still high enough for campaigns and nowhere near ban worthy. 169 days, 8 hours and 51 minutes per 22076 posts. 243891 minutes/22076 posts = 11 minutes per post.. At 10 hours per day 7 days a week thats still "only" 381 posts per week, even if we assume double the number of posts due to experience we are at 700-800 per week or 100-115 per day.

#3 there are only so many threads you can post in. Yes with certain tactics you can start discussions you are heavily involved in and get a high number of posts in a short time frame, but this requires another person to argue with you. If you have 2.8 posts per account per day you have to keep these discussions separated. I dont think there are enough discussions for 100 accounts in this fashion.

#4 You have to keep the overhead for separating 100 accounts in mind. Not only would this be exhausting, but it would be very easy to make mistakes which would reveal a few of your alts.

Also, OP says that he needs to make 280 posts a day in order to make $6k a month based on current price...
Do you really think it's possible to make 280 "Quality" posts a day???
If yes, then I think we should hire him as a robot to post on our behalf...

Op keeps comong up with business ideas that only ever have about 10% of the research needed.
Same as you thread about how to make money posting without a signature campaign, it had no research about how many if any posters were receiving tips.

Think your next idea through 1st then come to us for help before releasing, that is what this community is supossed to be about.

If you post 280 post a day, then 99% of your post are in off topic.
How are you going to find a campaign that pays high and has 100 open spots that knows your plan and gets 100 applying accounts, doesn't that sound weird and u will get rejected from the campaign.

Do not think that u will get easy money from here, u can't just come and spam this place!

If you do 280 posts per day... I think it is 'spam' but maybe I'm wrong.

What rule would they be breaking? There is no limit as to how many posts you can make per day, and there is no limit as to how many accounts you can have. You are assuming that the posts would be of low quality, which may or may not be the case.

$6,000 per month is well above average in the US and most of the world.

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The logic as to how one could acquire 100 accounts is somewhat flawed, however once you have 100 senior accounts (which would be fairly cheap based on the current market) the math generally adds up.

A couple of things to note:
*If you were to make 280 posts per day, and received 0.002BTC per post, you would make roughly $6,500 per month with BTC trading at $390 and you posting 30 days per month.
*If you were to make 280 posts per day, and spend 10 hours per day posting, then on average you would be spending approximately 2 minutes 8 seconds per post. If you were to spend 75 of these seconds reading threads to ensure you are not repeating a point previously raised, then you could potentially have your average post 30-40 words or so, which is not exactly making 'one-liners'. Less time could be spent reading threads where there are no/few replies
*If you do not have "very high quality" posts then the chances of you getting banned are high
*Although the rate of 0.002 BTC per post is a little above the market rate, if you are a high quality poster (see above) then you probably would be able to command a premium in how much you charge for posting
*You could potentially use some kind of bot to automatically load a new thread while you are working on your reply to another one, and to automatically prevent you from replying to yourself.
*I am not sure that there are enough posts by other people that would allow you to make this many posts, especially over the long term.   

Ya it is right that their are members who are owning more than 1 account but when joining signature campaign with 1 or more account in same then they are caught . and then they get negative trust .

The way the OP told the story of this forum is clearly seen that OP has got only half of the knowledge of this forum, and with that he have come to this conclusion. Feel sorry for him but if this was the way then long before yourself lot of members would have become rich and wealthy with this forum.

Yeah i bascily thought the same. Guys, please go on and post the same shit that has been said on page one again and again and again. Somehow it shows how things are going here on hundreds of threads. Well done op, you proofed a point.

interesting that nearly everyone in a sig campaign says how impossible sig spam on multiple accounts is.

good stuff that i'm not a conspiracy nutjob.

 

Stuff you can pull out of your ass usually is unless you've stuck beads in there.  Don't recruit idiots to this forum, there are way too many of them here as it is.