I totally understand the move because of so many shitposts that people place to make the signature requirements. Only why not just change the option to wear a signature to members+. So with 10 merits or more?

I am a BountyHunter, trying to build up a little portfolio of cryptocurrencies because I truly believe in the blockchain. Since I have no money to invest and missed the 2017 hype, Bountyhunting is the only way for me to do so.

Because of the demotion to Newbie, I cannot enter most bounty campaigns anymore and seriously reduces my ability to earn some crypto in a fair way.

Another thing I noticed in the merit system: almost all merit goes to people who already have merit. It's like in society, where rich people, like to be around rich people and help each other getting richer. If a newbie (or poor guy) comes up with something he/she often does not get the credit for it.