Signature Campaigns in the Service Board - page 3.

dkbit98

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Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.

Crazy fees these days and I think we are just getting started, so better think about some longer term solution for lower fees, maybe using Lightning, Liquid, or other layer2 solution that can be considered as Bitcoin, not altcoin.
I don't think it's good to use anything that looks like bitcoin on binance chain, tron and other centralized blockchains.

There is L-BTC on Liquid that can be considered as 1:1 with Bitcoin, but they also have L-USDT on same network, and transactions are confidential.

This is the current state of Liquid network on mempool.space, and fees are minimal:
https://liquid.network/

Woodie

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Perhaps this calls for a few changes to the forums structure like pushing signatures to their own dedicated board asap, but if a project contains other marketing packages such as ~~Twitter~~ X advertising, YouTube reviews etc then these will have to go to the bounty board as they fit the profile...

And by the way, this just proves there is a loophole here...escrow could hold funds in bitcoins, and payrates are quoted in BTC then I don't see a reason for moving this to the altcoin section, besides I don't think moving the sig thread could affect the service either as these are launched & running already..& cutting service fees should be the agenda in saving and managing available resources.

Ultegra134

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Quote from: yahoo62278 on December 22, 2023, 03:13:46 PM

Some participants depend on the money weekly, so you have to consider the people as well when making a decision to go biweekly on payments. Most should be fine with it, but I'm sure some would still complain.

Well, that's one point, I personally wouldn't mind too much, I'd be okay with it if there wasn't any other option available. Perhaps some users could volunteer for biweekly payments, although this sounds a little complicated, either all users or none is way more efficient.

I agree with @stompix on this one, all signature campaigns should be posted in one section, the altcoin section is a mess with the bounty campaigns and the hundreds newbies posting there. Even if there is a campaign posted there, I doubt that the announcement thread will get 1/3 of the total views it would receive in the service board.

The Sceptical Chymist

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Quote from: AirtelBuzz on December 22, 2023, 03:41:19 AM

Bitcoin transaction fees have skyrocketed due to the increase in the price of Bitcoin which has resulted in many people paying huge fees to make Bitcoin transactions.

I'm not sure that's correct--fees are up because there are a lot of transactions vying for a spot in the next block, not necessarily because the price has increased. In other words, it takes more sats/byte to get a quick confirmation than it did prior to the price exploding, but said explosion isn't necessarily the reason. Someone please correct me if I'm way off base.

That isn't the point of the thread, however. OP, you got your answer already and even though that's true, I have to say it'd be so much easier financially if campaigns paid out in a crypto like LTC or something similar simply because the network fees are nearly always much lower--but yep, that's the way Theymos wants all of this organized. It might not make complete sense, but we're all just peasants in his fiefdom.

Quote from: The Cryptovator on December 22, 2023, 03:17:33 PM

I partially agree with Stompix, but a mix of the Bitcoin service section and the altcoin service section would look more spammy. Signature campaigns play a major role in keeping active on the forum; honestly, we can't ignore that. So I think it would be better to add a section for signature campaigns beside the service section.

Not a bad idea. In fact, it's not the first time I've seen it suggested--and given the fact that the suggestion can't go anywhere without Theymos acting on it, I wouldn't plan on a new section for campaigns.

C'mon, Theymos! This would be a good change to make and wouldn't be hard to do or require more moderation.

The Cryptovator

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Signature space for rent

I partially agree with Stompix, but a mix of the Bitcoin service section and the altcoin service section would look more spammy. Signature campaigns play a major role in keeping active on the forum; honestly, we can't ignore that. So I think it would be better to add a section for signature campaigns beside the service section. It doesn't matter what the payment method is, actually. I don't see a reason to force companies or participants to run campaigns through Bitcoin. So let companies decide how they want to pay and open a section only for the signature campaign. But payment should be held through established coins, not IDO coins; otherwise, new projects signature campaigns will create spam there. All other services should remain as it is.

yahoo62278

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Quote from: _BlackStar on December 22, 2023, 03:01:51 PM

Quote from: Hhampuz on December 22, 2023, 09:06:42 AM

To be honest I'd probably prefer to pay $100-$150 out of pocket to cover tx fees rather than that, lol.

Of course - but ask your participants to be more patient in waiting for confirmation when congestion becomes worse. You can still make adjustments by paying each participant with USDT or anything else that has a low transaction fee - but keeping a campaign or contest thread on the service board seems hard when payments switch to altcoins.

Another approach is that bi-weekly or monthly payments may be worth considering versus high-fees weekly payments. But you've the ball - just do it or nothing, but keeping thread on the service board will only cost you more transaction fees during these congestion.

Some participants depend on the money weekly, so you have to consider the people as well when making a decision to go biweekly on payments. Most should be fine with it, but I'm sure some would still complain.

_BlackStar

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Quote from: Hhampuz on December 22, 2023, 09:06:42 AM

To be honest I'd probably prefer to pay $100-$150 out of pocket to cover tx fees rather than that, lol.

Of course - but ask your participants to be more patient in waiting for confirmation when congestion becomes worse. You can still make adjustments by paying each participant with USDT or anything else that has a low transaction fee - but keeping a campaign or contest thread on the service board seems hard when payments switch to altcoins.

Another approach is that bi-weekly or monthly payments may be worth considering versus high-fees weekly payments. But you've the ball - just do it or nothing, but keeping thread on the service board will only cost you more transaction fees during these congestion.

electronicash

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Quote from: Renampun on December 22, 2023, 01:18:14 PM

Quote from: Hhampuz on December 22, 2023, 09:06:42 AM

Quote from: libert19 on December 22, 2023, 08:47:22 AM

Why not pay participants in lightning BTC thus continue posting campaigns in services board? They can always use instant ex like fixedfloat to instantly convert to other cryptos.

I currently have about 300 users in total in my campaigns, opening channels for all of the campaigns and getting everyone to get on LN to accept payments seems like an incredibly annoying endeavour and not something I'd be too interested in doing right now. To be honest I'd probably prefer to pay $100-$150 out of pocket to cover tx fees rather than that, lol.

I have 2 suggestions;
1. paying 50% altcoins + 50% more in the form of bitcoin but paid once a month to your campaign participants

2. provide BTC payments directly through the site platform you are working with

High fees are very annoying for you as a campaign manager, and there are many participants who still depend on their income from the weekly Bitcoin payments they receive, to be honest, it's really hard in your current position.

why not just tell them to get their BTC in a month? so there will be an accumulation and he will only spend $200 for a transaction fee in a month. he'd save a lot with this agreement though some may not agree. but give the participants the option to ask for stablecoin if they like. BUSD seems to have the lowest fees.

i'm sure the stablecoin will be a good option but Hhampuz campaign thread will also be moved to the altcoin/bounty which i think is not what he likes.

mindrust

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I wouldn't mind taking reputable alts like doge, ltc or xmr as payments... (first 2 is preferred) Doge is especially cheap af to make transactions and it is relatively stable among the alts. Apparently bitcoin is on the way of destroying itself and i don't see why we should suffer the consequences. Btc will eventually smarten up and fix its problems but time is also money. If you start paying in alts, nobody will question your decision imo. Right now it costs more than $10 (~$12.5) to be included in the next btc block while it costs one fifth of a cent in the dogechain...

Renampun

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Quote from: Hhampuz on December 22, 2023, 09:06:42 AM

Quote from: libert19 on December 22, 2023, 08:47:22 AM

Why not pay participants in lightning BTC thus continue posting campaigns in services board? They can always use instant ex like fixedfloat to instantly convert to other cryptos.

I currently have about 300 users in total in my campaigns, opening channels for all of the campaigns and getting everyone to get on LN to accept payments seems like an incredibly annoying endeavour and not something I'd be too interested in doing right now. To be honest I'd probably prefer to pay $100-$150 out of pocket to cover tx fees rather than that, lol.

I have 2 suggestions;
1. paying 50% altcoins + 50% more in the form of bitcoin but paid once a month to your campaign participants

2. provide BTC payments directly through the site platform you are working with

High fees are very annoying for you as a campaign manager, and there are many participants who still depend on their income from the weekly Bitcoin payments they receive, to be honest, it's really hard in your current position.

Faisal2202

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Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.

I was also having the same question because my manager also changed the type of token from BTC to LTC, well, I think there is a catch behind it and that is LTC is also a fork of BTC and a few days ago I saw a post where the OP was asking BRC-20 tokens to be referred as alts or BTC ones' because many people are talking about BRC-20 tokens and these topics created on BTC discussions and are not moved to alt discussion which means they are ok to stay there.

This would also mean, if you guys would change the payment from BTC to any other fork, then it might also be ok with it. But I don't know sure for it as it is just my theory that I have observed and only the moderators would give you the right answers to it.

LoyceV

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I always thought the Services board allowed 2 kinds of services: services paid in Bitcoin, and services related to Bitcoin (such as my old Pretty Addy Giveaway). By that logic, one could argue a signature campaign for a Bitcoin-related service is allowed, even if it doesn't pay in Bitcoin.

Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

I've been paying roughly $200/week per campaign in fees

And that's only your end: it's probably costs 5 times more than that if (all) your campaign participants want to move or consolidate the Bitcoins.
Alternatively, you can consider paying less frequently. Pay every other week, or once a month. As long as users trust you and aren't in a rush, that can work.
LN isn't really practical: it can't easily do "send to many", it often has problems finding a route, and it's more difficult to keep a paper trail (although that could be considered a benefit for privacy).

I hate it, but Bitcoin is quite useless for "small" payments lately.

Quote from: Hhampuz on December 22, 2023, 09:06:42 AM

I currently have about 300 users in total in my campaigns, opening channels for all of the campaigns and getting everyone to get on LN to accept payments seems like an incredibly annoying endeavour and not something I'd be too interested in doing right now.

This sounds like something that needs an automated payment setup.

Dr.Bitcoin_Strange

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Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.

IMO, by following the rules of the service board, which are that signature payouts should be made in Bitcoin only, if any manager switches to paying with any other coin except Bitcoin, the right thing to do is move the thread to the bounty section; perhaps it's only for a temporary time until the fee has normalized, then it can be moved back to the service board.

Quote from: stompix on December 22, 2023, 06:09:12 AM

My opinion:
- *** those rules
- make a board for forum services only, including signatures, contest, reviews on the forum, ignore the payment options
- everything that requires actions outside the forum keep it in the bounties section
- stop with the stupid non-sense this is paid in doge so must go to this board this is btc move the topic there, waste of time! Seriously!

As @stompix said above, the question is: how many clicks would it take to create a "forum service board" for every forum service, like signatures, etc., that neglects which payment method should be used or not? It is better that way.

If the admin also wants to further segregate it, there should be a sub-board for the forum service board. The sub-boards could be "bitcoin payments service," "fait payments service," and "altcoin payments service."

Mpamaegbu

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Quote from: CryptopreneurBrainboss on December 22, 2023, 03:56:05 AM

Is not alright, any campaign advertising payment in Bitcoin yet paying their participants with other cryptocurrency only without Bitcoin isn't meant to be on the Bitcoin service board. The thread should be reported and moved to the altcoin service board.

This may not be my forte but apart from the campaign thread getting more visibility if Bitcoin paying campaigns stay in the dedicated section for it and altcoin campaigns less, I know there's no other advantage since participants can still post anywhere in the forum and their posts counted. I don't know of any other advantage it has from the lens of an outsider that I see it or is (are) there?

BTW, I know we had this similar issue here some years ago and the manager (I can't remember the user again) who was asked to move his thread to the altcoin bounty section refused, citing certain rules in the forum that backed him up and that was how the matter was relaxed. For me, I don't think it's a big deal whether it's set up in altcoin section or not, provided hunters know where to look for campaigns.

Hhampuz

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Meh.

Quote from: libert19 on December 22, 2023, 08:47:22 AM

Why not pay participants in lightning BTC thus continue posting campaigns in services board? They can always use instant ex like fixedfloat to instantly convert to other cryptos.

I currently have about 300 users in total in my campaigns, opening channels for all of the campaigns and getting everyone to get on LN to accept payments seems like an incredibly annoying endeavour and not something I'd be too interested in doing right now. To be honest I'd probably prefer to pay $100-$150 out of pocket to cover tx fees rather than that, lol.

libert19

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Why not pay participants in lightning BTC thus continue posting campaigns in services board? They can always use instant ex like fixedfloat to instantly convert to other cryptos.

pakhitheboss

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Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post
campaigns and contests.

Ideally if it is not about Bitcoin payment then it shouldn't be present on the Service board. Regardless of it being a temporary issue or not, any other payment option due to the current situation, the thread should be shifted to altcoin board.

I did read a few replies about LN on this topic, it is a good option but the question that comes to my mind can LN wallets handle such a big amount that goes into $1000 every week or more. Well, it would be nice, if anyone here who can give the right information. The problem with LN is that a lot of campaign members don't think it as an alternate option to Bitcon payment. In current situation it should be considered as an alternative.

I won't think anyone likes what is presently happening with the transaction fee. When will this network congestion end we all are uncertain. Then why not utilize a secondary option like LN in the meantime, if it allows.

Findingnemo

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Quote from: Hhampuz on December 22, 2023, 03:31:01 AM

Now to my question: Fees have been going wild lately and I've already seen some campaigns switch to payments over other networks while still remaining in the Bitcoin Service board (and advertising paying in BTC). Am I to assume this is alright? I've been paying roughly $200/week per campaign in fees for the last few weeks and would much rather pay less as long as nothing would change as to where I can post campaigns and contests.

It shouldn't exist in the service board if they switched to any payment option other than Bitcoin whether it's a temporary switch or permanent.

But to bypass this, they can ask for an optional payment network in case the user is willing to accept in USDT instead of BTC and can switch back to BTC whenever they want.

Adbitco

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Quote from: uchegod-21 on December 22, 2023, 04:57:56 AM

Quote from: Adbitco on December 22, 2023, 03:52:58 AM

For my suggestion since alternative means of payment is temporary you can still leave your campaign in the service section then your participants can pm you their alternative address for payments but still those addresses can remain hidden in the spreadsheet maybe only their btc address can be public. In every week you will give the values in BTC on spreadsheet while you send them the equivalent in their chosen alternatives of payment to their address. This is just my contribution to remain all your campaign in service sections.

This suggestion is deceitful and to what end? Is it necessary to begin play a hide and seek game in an obvious situation of skyrocketed bitcoin transaction fees?

Well I didn't see it that way because some of the managers has already suggested for alternatives and yet their campaign didn't leave the service section to other board. Do we call that deceptive method? No but is just a way to facilitate the way of payment, just imagine having a pending transaction for a week or more how would you feel at this point. Okay suggesting of increase network fees, how well are you to keep paying outrageous fee and from whom expenses. Maybe you think that but to me i can't say but if that is a wrong way then it's left for the manager to chose what is best for him and to help foster payment methods.

ajiz138

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Quote from: Helena Yu on December 22, 2023, 06:01:31 AM

Isn't that obvious? who's watching the bounties section except bot? Cheesy

That section is full of spam and it's hard to see a good campaign on there, while in service section, it's a place where many people are waiting to see a new good campaign, contest, offering service etc. Also the big difference is service section has 0.1% chance to be scammed, while in bounties it's 99% chance to be scammed.

If in the bounty section it is obvious that there will be a lot of spam bots, I mean just like the BK8 campaign which is on the Marketplace board (Altcoin) I don't think there is much spam there, still not many people visit this board.

Quote from: Shishir99 on December 22, 2023, 06:12:57 AM

I assume it's all right as long as they do not permanently switch the payment method. But, if they switch the payment method for one week or two weeks of payments and promise to pay in BTC again, then it should be okay. This is just my assumption as I am no one from the officials. The fees have been unrealistic for the last couple of weeks. But, that does not mean a campaign will switch the payment method and they will remain in the BTC service board.

If they switch their payment method permanently, they should be moved to the altcoins bounty section. They shouldn't have any problem doing it because there are several campaigns running signature campaigns on the bounty board.

I don't think the network problem will subside immediately after 1 week or 2 weeks it takes months to wait for the bitcoin network to normalize, especially now that ordinal is hype, the transaction stack will be larger which causes fees to be high.

Even though this is only temporary we don't know if the mods will tolerate it? And still when the manager makes a payment on altcoin then the mod will automatically move it to the altcoin board.

This is also according to personal assumptions, but I doubt that the thread will remain in the bitcoin service while if the payment uses altcoins.

Topic: Signature Campaigns in the Service Board - page 3. (Read 1164 times)