Sig campaign doesn't pay in bitcoin....

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Quote from: hilariousandco on April 26, 2024, 02:31:10 AM

Quote from: LoyceV on April 26, 2024, 01:10:28 AM

Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.

I'm curious where you read that:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Services provided/demanded on-forum for Bitcoin.

It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Correct. If it doesn't pay in bitcoin it belongs elsewhere just like if threads don't pay in some sort of crypto at all threads are trashed.

Thank you for giving a definitive response.

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Quote from: Oshosondy on April 25, 2024, 04:13:46 AM

Quote from: mindrust on April 25, 2024, 02:54:21 AM

I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.

Sorry about this. But bitcoin signature campaign is more common and more recognized on Bitcointalk. Recognition is important to the sites advertising through signature campaign.

The only reason why Bitcoin signature campaign is popular is because the Bitcoin services board is not yet saturated with campaigns while Altcoin services board which is the counterpart part is full of bounty campaigns from altcoins that is mostly scam that’s why it’s always being ignored.

Removed those shit scam campaigns in there then I believe altcoins paying signature campaign that has same pay rate will surely become popular as Bitcoin signature campaign since the fee on Bitcoin is not shrimp friendly. I preferred USDT payment if I have a choice. Cheesy

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Quote from: Findingnemo on April 26, 2024, 11:51:30 AM

Is it the time to see altcoin sig campaigns?

It doesn't have to be this or that. Let's give people a choice. "One of the well known alts that has cheap tx fees" vs "BTC".

People can choose whatever suits them. I wonder how many people will choose to get paid in BTC. It would be a great science study. Right now every major sig camp (probably the only exception is stake.com) is forcing people to get decimated by the high btc fees.

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Campaign managers are spending over $200 for sending small batches of transactions and it can go a lot higher depending on the number of participants in their campaign. But as long as the company is willing to spend that much on fees then it should be okay.

Personally, I feel the advertising budget should not be wasted on fees due to the spam on the network they can give alternate options to get paid in other coins if users want that reduces the burden on the campaign budget too so win-win for both ends.

Is it the time to see altcoin sig campaigns?

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Quote from: LoyceV on April 26, 2024, 01:10:28 AM

Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.

I'm curious where you read that:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Services provided/demanded on-forum for Bitcoin.

It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Correct. If it doesn't pay in bitcoin it belongs elsewhere just like if threads don't pay in some sort of crypto at all threads are trashed.

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Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin.

I'm curious where you read that:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Services provided/demanded on-forum for Bitcoin.

It literally says it's for Bitcoin services, and I've reported many topics over the years saying "Non-Bitcoin service", after which they got moved (or deleted). There's no need to say it's not for altcoins, altcoins are not Bitcoin.

Quote from: Alone055 on April 25, 2024, 12:47:53 PM

Now, if we are referring to the Stake.com Signature Campaign, ~ it will be paid in USDT.

Great! They've been spamming Bitcointalk for years, time to move them to altcoins where they belong. Reported saying:

Code:

Non-Bitcoin service: "Payments are sent in USDT, every Tuesday, directly to the users Stake account"

Update: it was moved to Bounties (Altcoins).

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Quote from: Sandra_hakeem on April 25, 2024, 04:36:37 PM

Custodial wallets! I'm sure you're not looking for a temporary solution to escaping the surge... We're not hoping that the mempool gets congested too long that an alternative is needed permanently.

Custodial wallets are only choices for you if you want to sell your bitcoins too regularly like weekly or monthly. It is risky to use custodial wallets from centralized exchanges, for receiving and storing your bitcoin.

Reminder: do not keep your money in online accounts

If you plan to invest in Bitcoin for a long time or intend to hold it for several months, I believe you will not need custodial wallets.

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Quote from: mindrust on April 25, 2024, 02:54:21 AM

I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.

Ltc, doge, usdt sig camps should be more common. At least one of these currencies are available on every service. They are well known projects and their price are nearly as stable as btc.

I would suggest cashing out once a month to save on fees if this is the case.

Quote from: JollyGood on April 25, 2024, 03:53:22 PM

The only thing that comes to my mind is the Games and Rounds board, I think payouts and winnings there have to be in Bitcoin: Games and rounds and any altcoin payout is not allowed there.

Maybe we were wrong all along regarding the Services board because we applied the same rule as stipulated in the Games and rounds board.

Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

Yea I've looked everywhere and cannot find any link to a rule. LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin. Dkbit also mentioned some campaigns have had split payments which is true.

Curious if this is the case. WOuld like to hear an admin weigh in on this.

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Quote from: mindrust on April 25, 2024, 02:54:21 AM

I think altcoin sig camps should be more common since bitcoin’s transaction fees are becoming a pain in the ass lately. I am getting 70-90 usd weekly in btc from my sig but blackjack.fun’s withdrawal fees take half of that. It is not sustainable like this.

If it's certainly becoming a problem for you, don't you think it's even more disturbing to the casinos themselves? That may not be the case in your own campaign (maybe the distribution of funds weekly are directly sent from blackjack mega wallets and, the fees are exclusively made for the participants)?

Quote from: mindrust on April 25, 2024, 04:36:04 AM

That would require everyone to create their own LN nodes which is not practical unless we are going to use custodial wallets which probably nobody wants. LN is a temporary band-aid, it is not a permanent solution.

Custodial wallets! I'm sure you're not looking for a temporary solution to escaping the surge... We're not hoping that the mempool gets congested too long that an alternative is needed permanently.

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The only thing that comes to my mind is the Games and Rounds board, I think payouts and winnings there have to be in Bitcoin: Games and rounds and any altcoin payout is not allowed there.

Maybe we were wrong all along regarding the Services board because we applied the same rule as stipulated in the Games and rounds board.

Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

Yea I've looked everywhere and cannot find any link to a rule. LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin. Dkbit also mentioned some campaigns have had split payments which is true.

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Quote from: yahoo62278 on April 25, 2024, 11:42:56 AM

Yea I've looked everywhere and cannot find any link to a rule. LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin. Dkbit also mentioned some campaigns have had split payments which is true.

Based on the following guidelines as mentioned by LoyceV as well:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Services (child board of Goods) - Services provided/demanded on-forum for Bitcoin. If you are providing/demanding services on another site (e.g. have a hosting site), it doesn't belong here.

Services provided or demanded on-forum for Bitcoin are supposed to be posted in the Services section. Now, if we are referring to the Stake.com Signature Campaign, is it demanding an on-forum service? Yes, it is, because it requires the participants to make posts in the forum to get paid, but is the service demanded for Bitcoin? No, since it will be paid in USDT.

Now let's have a look at a couple more section guidelines from the Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Marketplace (Altcoins) - On-forum sale of goods and services either altcoin related or sold for altcoins.

Bounties (Altcoins) (child board of Marketplace (Altcoins)) - "Altcoin bounties and ad campaigns". Bounties, advertisement campaigns, announcement of external giveaways (that do NOT require posting on Bitcointalk) and other similar threads belong here. Discussions about such campaigns / services do not belong here.

Reading both of these guidelines, it seems like the campaign we are discussing here can belong to any of these two sections because it is an altcoin-related service which is what Marketplace (Altcoins) is for, and it is an Altcoin Ad campaign since it is paying in USDT and such are supposed to be posted in Bounties (Altcoins) section.

Bounties (Altcoins) section would be more suitable for it though.

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Quote from: yahoo62278 on April 25, 2024, 02:15:45 AM

Ok so I know its a rule that if a campaign doesn't pay in bitcoin, it has to be launched in the altcoin section. I cannot find a rule anywhere though, can someone point me to it please?

I guess it's an unwritten rule and has been enforced for a long time on service board. I also read some of the rules and guidelines of signature campaign and did not find it explicit that any campaign should not pay out altcoin to its participant if it is on the service board. So I cannot refer you to any link other than exactly the same as quoted by LoyceV in the previous post.

I found many users advised any manager who paid participant in altcoin to move the campaign thread to the altcoin service board, and then the manager did so. But I don't know if the moderators will also move it if the managers don't move it themselves. But if the moderator also do it, then there are rules that have actually been followed all this time. Imo

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Quote from: JollyGood on April 25, 2024, 10:40:45 AM

I think this is going to be very difficult to find any link to substantiate because no matter how much I searched I was unable to locate anything specific. Having said that I also was aware of a rule or protocol about signature campaigns paying in altcoins having to avoid the Services board but cannot recall where I was informed.

Hopefully one of the moderators or admin can shed some light on this.

Quote from: yahoo62278 on April 25, 2024, 02:15:45 AM

Ok so I know its a rule that if a campaign doesn't pay in bitcoin, it has to be launched in the altcoin section. I cannot find a rule anywhere though, can someone point me to it please?

Yea I've looked everywhere and cannot find any link to a rule. LoyceV posted something close but not anything saying you cannot post a campaign paying in altcoin. Dkbit also mentioned some campaigns have had split payments which is true.

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I think this is going to be very difficult to find any link to substantiate because no matter how much I searched I was unable to locate anything specific. Having said that I also was aware of a rule or protocol about signature campaigns paying in altcoins having to avoid the Services board but cannot recall where I was informed.

Hopefully one of the moderators or admin can shed some light on this.

Quote from: yahoo62278 on April 25, 2024, 02:15:45 AM

Ok so I know its a rule that if a campaign doesn't pay in bitcoin, it has to be launched in the altcoin section. I cannot find a rule anywhere though, can someone point me to it please?

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Quote from: yahoo62278 on April 25, 2024, 02:15:45 AM

Ok so I know its a rule that if a campaign doesn't pay in bitcoin, it has to be launched in the altcoin section. I cannot find a rule anywhere though, can someone point me to it please?

If I remember correctly some managers bypassed this rule by splitting payments to participants in two parts, one part Bitcoin, one part altcoin.
This way you don't have to move topic in Altcoin section, but you can also use some second layer on top of bitcoin if fees are the issue.

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Quote from: Jet Cash on April 25, 2024, 04:27:08 AM

Surely the campaigns could pay out using Lightning to reduce fees. Have Lightning fees increased too much to make this a viable option?

Excluding using custodial LN wallet, who wants to pay Bitcoin on-chain TX fee to open new LN channel? IMO Bitcoin sidechain (e.g. RSK and Liquid) is more practical option here.

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Quote from: yahoo62278 on April 25, 2024, 02:15:45 AM

can someone point me to it please?

When in doubt, check Unofficial list of (official) Bitcointalk.org rules:

Quote from: mprep on July 21, 2014, 12:27:51 PM

Services (child board of Goods) - Services provided/demanded on-forum for Bitcoin. If you are providing/demanding services on another site (e.g. have a hosting site), it doesn't belong here.

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Quote from: Jet Cash on April 25, 2024, 04:27:08 AM

Surely the campaigns could pay out using Lightning to reduce fees. Have Lightning fees increased too much to make this a viable option?

That would require everyone to create their own LN nodes which is not practical unless we are going to use custodial wallets which probably nobody wants. LN is a temporary band-aid, it is not a permanent solution.

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Surely the campaigns could pay out using Lightning to reduce fees. Have Lightning fees increased too much to make this a viable option?

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Quote from: Jawhead999 on April 25, 2024, 03:14:11 AM

Quote from: mindrust on April 25, 2024, 02:54:21 AM

Ltc, doge, usdt sig camps should be more common. At least one of these currencies are available on every service. They are well known projects and their price are nearly as stable as btc.

The reason why many campaign insist to paid in Bitcoin is the service board is more popular than bounties, it's a kind of promotion. Bounties is one of section that ignored by many people due to it's spam and scam place, although if all campaigns agree to pay in altcoins, they won't ignore bounty section anymore.

The managers can avoid this obstacle if they offer both an alt and btc as payment. The participants can choose the currency which is offered by the manager.

If the managers do this, they can still list their camp in btc/services because they are paying with btc if there is a demand for it Grin

Let’s see how many people will want to get paid in btc.

Topic: Sig campaign doesn't pay in bitcoin.... (Read 505 times)