Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by BobLawblaw (10)
If you are a merit source, then your merit page will come up like the below purple highlighted two paragraphs (though not really purple in real life) - noteably the difference in the second paragraph for merit sources:
>>>>>>>>You have received a total of XXXX merit. This is what determines your forum rank. You typically cannot lose this merit. You have XXX sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.
You are a merit source. The next XXX merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit.<<<<<<<<<<<<
As you may recall, the merit system activated on January 24, and therefore it was thought that if merit sources spent their smerits, then those smerits would start to replenish into the merit source on about February 23 - however, theymos stated that he had run into some glitch in the way that he had programmed the replenishment of merit source merits - in essence the script or the algorithm was screwed up.
It appears that theymos fixed that merit source replenishment glitch on about March 5, and replenishment of merit source smerits began again around March 5.
>>>>>>>>You have received a total of XXXX merit. This is what determines your forum rank. You typically cannot lose this merit. You have XXX sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.
You are a merit source. The next XXX merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit.<<<<<<<<<<<<
As you may recall, the merit system activated on January 24, and therefore it was thought that if merit sources spent their smerits, then those smerits would start to replenish into the merit source on about February 23 - however, theymos stated that he had run into some glitch in the way that he had programmed the replenishment of merit source merits - in essence the script or the algorithm was screwed up.
It appears that theymos fixed that merit source replenishment glitch on about March 5, and replenishment of merit source smerits began again around March 5.
I didn't know about the glitch or any details of merit expiry, interesting stuff.
+1 WOsMerit
(I do have sMerit to give now, but you're a legend and a source, so it really feels like wasting the goods.)
After the merit system implemented, I did venture out there into the forum - outside of the WO thread, and it surely can be a scary place in which I bumped into a few things that maybe are not necessary to know regarding forum politics... - especially when it seems messy enough just to attempt to watch BTC price dynamics and the politics involved with BTC prices.. anyhow, there are a few things in the non-WO that I would not mind unseeing.
Surely personal discretion regarding how anyone spends their smerits, and merits are likely not only going to be used for ranking up since merits may end up displacing credibility aspects of the trust system in the future or establishing higher than Legendary ranks, perhaps? Also, there can be some value with merits to identify relatively higher quality posts, too, perhaps?
better send some Smerit , running dry again
