The criteria for a merit source should require that a source must be fair and possessed of sound judgment, well-informed, resistant to corruption, and deeply invested in the Bitcoin Forum’s long-term success as a community.  By such evidence as I have seen in my experience here, LoyceV appears to have these characteristics in more than adequate measure.

A merit source should ideally be someone who actively strives to promote post quality in a positive sense, by making and promoting quality posts, and also in a negative sense, by fighting spam and abuse.  LoyceV’s post history is impressive for his own quality as a poster.  Almost from the first day I actively started posting here, I noticed his aptitude for both starting and encouraging generally helpful discussions.  On the spamfighting side, LoyceV’s copypaste plagiarism reporting thread is an endeavour I much respect, independently of the merit issue.  I suggest that it clearly demonstrates his devotion to forum quality, plus the superlative level of effort he will expend for it.