Merit is a new system where older users can withhold merit from younger users so they can't rank up and earn all the bounties!
I don't think so, just look at this thread, a lot of higher rank members are already giving merits to lower rank members. This new method is not about hoarding bounties, this is about preserving the quality of the forum. There are a lot of forums in the internet that are already using the merit system in terms of likes and upvotes and so far it's been helping improve the quality of their forums.
Not sure you can say that at this stage though.. just because a trickle of new users in this thread (maybe 10% or so) are getting merit doesn't mean it's working. A lot are getting merit just because they are complaining that they don't have any merit and that it's unfair lol.
Out there in the wild: it may turn out that new users seldom get any merit at all.
Check this young account out..
https://bitcointalksearch.org/topic/merit-is-the-best-thing-that-happened-to-new-users-2828014right attitude, quality post.. lots of merit from lots of people.. it is working fella
Again, that is just one sample, one data point. It could even just be an anomaly.
For every one user that makes a hot post/thread and gets tons of merit. You could have 99 users who get next to nothing or anything substantial.
Two more days have passed, which have proved that this was an anomaly... and at the same time a paradigmatic example of the new non written rule.
Go through the thread and look: Low ranked don't usually get merits, unless they praise the new rules. This is not a theory, these are the facts - you could even start to make a statistics counting how many people of which rank have got X many merits and by writing what. Low ranking people have no sMerits to give or just a few. Now only high ranking member can give sMerits and they usually give them to each others or to Juniors who praise the new rules. I am afraid that the new non written rule is that if you want to rank up you have to reflect the opinion of the high ranking. Time will tell, but you have a good vision you'll see that it is already telling exactly this now. I think I don't nee to tell you where this will lead to.
You don't need to tell us where this will lead because you are full of shit.Come on JayJuanGee, you can do better that this. I can understand that for a moment this has been the best answer that your Legendary mind could think at, but luckily other parts of your mind are able of a higher level of debate than this
shitposting oversimplified reasoning.
Look. This system has only been in place for a bit more than 4 days, and you are already spouting off a lot of stupid-ass conspiracy theories based on flimsy evidence.
I extrapolate how things are likely to unfold in the future based on the available data. Not enough data after 4 days? Perhaps. But it is never too early to try to figure out which will be the outcome of our actions. Had more analysis been done on the consequences of this change before implementing it, quite likely it could have been done better. But it's never too late to improve things. Unfortunately, you HAVE to try to forecast future events for doing that.
Sure, you are likely correct that in the end that there are some biases towards any members with smerits giving those smerits to other members that they already know, but that is not a complete loss on the forum, because the receipt of those smerits do generate more smerits (at a 50% rate), so yeah, sometimes it can take a large number of posts for a newbie to get known, and members may not want to give smerits based on one post, but instead after they see a pattern of good posts.
These kinds of patterns and building of credibility take time, it is not merely a reflection of one or two posts, and the past few days, I have been attempting to send smerits, and sometimes i have given those smerits merely on a kind of whim, and other times, I hesitate to send, and watch for further posts from the member before sending smerits. So in other words, it can take time to both get a sense of another member (and their quality or lack of) and there can be some reservation too, because almost all members (except for sources) have a limited supply of smerit in their bank and they also have to generate smerit before they are going to be able to give any smerits out to anyone.
You assume, optimistically, that the best side of human nature will be able to tune this system in a way that it will start to work. I assume, pessimistically, that the worse side of human nature will unfortunately prevail. I hope you are right. But it would be useful to think at a plan B for the case you aren't. A merit system would surely benefit the forum... but only if it will be the merit system which was supposed to be.
In other words, members are still learning about this whole process, and there are likely a lot of quasi-active members who still have not even figured out what merit versus smerits are, and might not even have logged into their account in the past several days. So, doesn't it seem to be preposterous to be calling the end of the good aspects of the bitcoin talk world as we know it, merely based on a system's change that is still quite early in its implementation and playing out?
Just consider mine like an early warning. History tells us that people rarely listen to early warnings and eventually they punish that who is telling them what they don't want to hear, instead of being thankful as they should. Google the myth of Cassandra, if you don't understand what I'm talking about.