I cannot seem to find the post in question now but i recall seeing a reply on the wall observer thread that went a little something like this
"Guide to becoming a bitcointalk legendary-
1. Hangout on Wall Observer thread
2. Be nice"
This was my original motivation to write this thread, I have not engaged in the BWO thread much, but from my limited engagement of that thread, I can tell it was an extremely toxic community, its hard enough to get into their community of <20 people, but if you post ANY bearish TA on the thread, you will be absolutely ostracized, especially if you are not part of their upper echelon. So I have come here to make my case on whether or not this community really deserves their 11000+ merits that has been circulating between each other.
Lets look at original intent of the Wall Observer thread and how it holds up now
lets look at the first line for now
Now even at a quick glance of the last few pages of the BWO thread, its quite apparent that almost 80% of the posts are completely irrelevant to the bitcoin price, while there is some (still not a majority) of discussion about bitcoin in general, the vast majority of the talk on BWO is irrelevant to the subject at hand.
same as above
same as above
There is quite a bit of drama in the thread, theres people berating others for posting bearish TA, and then theres people throwing shit at each other for not holding up a (joke) offer of beer if price fell below a certain price.
In conclusion, most of WBO is just banter/jokes or just plain chit chat, the only person I could find who consistently posts TA is Toxic2040, and so I would like to make it clear, I have no problem with Toxic2040, only with the rest of the WBO community.
Now all of this would be fine and dandy under normal circumstances, I really wouldn't give a shit if there was a toxic community doing whatever they want, my main issue comes from the merit circulation within this thread.
Let us look at the original purpose of merit
The original purpose of merit was to reward quality contributions to this forum... Let us now see how this holds up on BWO
I will now share the last few merited posts from WBO, im not gonna be picking and choosing.
Idiots like you is why I am proud of having suffered through an actual physics degree instead of lying to people on internet forums about what math and science have "proven". And I think you meant to say disproven. Because the first thing they tell young scientists: you cannot prove something. You can only disprove something.
2 merits, irrelevant to bitcoin price, does not add anything to the actual arguement for any price movement, and is mostly just random. I would not deem this a quality contribution.
Finally!!!!!!
A positive sign.
aka... proudhon
This never really gets old
https://www.youtube.com/watch?v=A7TuFy0fcuw
The proudhon song (bitcoin is a bubble)
1 merit, again irrelevant to bitcoin price, its just mainly banter, i dont see how this would qualify as a quality contribution.
Finally!!!!!!
A positive sign.
aka... proudhon
1 merit, once again, just banter
Well i think you get the point, lets now look at the merit flow for one of the WBO regulars..
this is not an isolated case, nearly all the WBO regulars get all their merit from WBO and send all their merit back into WBO, this is basically due to a feedback loop, WBO members meriting each other because "haha funny joke" rather than any posts being of actual significance which add something to the discussion or forum
This basically means that merit has become insanely inflated in WBO and legendary rank has become relatively easy to earn, really demeaning the value of the rank, legendary rank was supposed to be reserved for people who get merited alot due to their contributions to this forum, but due to WBO, there have been alot of new legendaries who really just got alot of merits because they pleased the WBO community and participated in the echoing of their opinions between each other, This is problem is also exaggerated due to signature campaigns, legendary rank members can gain a very high price for their signature, which also rewards the members of WBO and provides them incentive to continue this practice.
If any of you disagree with me and think im wrong for any reasons, feel free to reply here, I would like to hear your arguements.
"Guide to becoming a bitcointalk legendary-
1. Hangout on Wall Observer thread
2. Be nice"
This was my original motivation to write this thread, I have not engaged in the BWO thread much, but from my limited engagement of that thread, I can tell it was an extremely toxic community, its hard enough to get into their community of <20 people, but if you post ANY bearish TA on the thread, you will be absolutely ostracized, especially if you are not part of their upper echelon. So I have come here to make my case on whether or not this community really deserves their 11000+ merits that has been circulating between each other.
Lets look at original intent of the Wall Observer thread and how it holds up now
Wall Observer
A free service brought to you by the bitcoin community
Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )
Posting guild lines:
Please lets keep this thread clean. ( I will be removing any off topic posts )
Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)
Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen
A free service brought to you by the bitcoin community
Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )
Posting guild lines:
Please lets keep this thread clean. ( I will be removing any off topic posts )
Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)
Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen
lets look at the first line for now
Quote
Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing
Now even at a quick glance of the last few pages of the BWO thread, its quite apparent that almost 80% of the posts are completely irrelevant to the bitcoin price, while there is some (still not a majority) of discussion about bitcoin in general, the vast majority of the talk on BWO is irrelevant to the subject at hand.
Quote
( if your post is not at all TA it will be deleted )
Anyone with half an eye will be able to tell this has not been followed for a very long time, i dont really blame infofront, as there are ALOT of posts, but the fact that he let it slide at the start has caused this massive problem to begin with.Quote
Please lets keep this thread clean. ( I will be removing any off topic posts )
same as above
Quote
Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
same as above
Quote
Don't: Be a drama queen
There is quite a bit of drama in the thread, theres people berating others for posting bearish TA, and then theres people throwing shit at each other for not holding up a (joke) offer of beer if price fell below a certain price.
In conclusion, most of WBO is just banter/jokes or just plain chit chat, the only person I could find who consistently posts TA is Toxic2040, and so I would like to make it clear, I have no problem with Toxic2040, only with the rest of the WBO community.
Now all of this would be fine and dandy under normal circumstances, I really wouldn't give a shit if there was a toxic community doing whatever they want, my main issue comes from the merit circulation within this thread.
Let us look at the original purpose of merit
What is Merit?
Merit is a new system created in order to reward quality contributions to the forum.
Merit is a new system created in order to reward quality contributions to the forum.
The original purpose of merit was to reward quality contributions to this forum... Let us now see how this holds up on BWO
I will now share the last few merited posts from WBO, im not gonna be picking and choosing.
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.
Idiots like you is why I am proud of having suffered through an actual physics degree instead of lying to people on internet forums about what math and science have "proven". And I think you meant to say disproven. Because the first thing they tell young scientists: you cannot prove something. You can only disprove something.
2 merits, irrelevant to bitcoin price, does not add anything to the actual arguement for any price movement, and is mostly just random. I would not deem this a quality contribution.
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.
Finally!!!!!!
A positive sign.
aka... proudhon
This never really gets old
https://www.youtube.com/watch?v=A7TuFy0fcuw
The proudhon song (bitcoin is a bubble)
1 merit, again irrelevant to bitcoin price, its just mainly banter, i dont see how this would qualify as a quality contribution.
Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.
Finally!!!!!!
A positive sign.
aka... proudhon
1 merit, once again, just banter
Well i think you get the point, lets now look at the merit flow for one of the WBO regulars..
this is not an isolated case, nearly all the WBO regulars get all their merit from WBO and send all their merit back into WBO, this is basically due to a feedback loop, WBO members meriting each other because "haha funny joke" rather than any posts being of actual significance which add something to the discussion or forum
This basically means that merit has become insanely inflated in WBO and legendary rank has become relatively easy to earn, really demeaning the value of the rank, legendary rank was supposed to be reserved for people who get merited alot due to their contributions to this forum, but due to WBO, there have been alot of new legendaries who really just got alot of merits because they pleased the WBO community and participated in the echoing of their opinions between each other, This is problem is also exaggerated due to signature campaigns, legendary rank members can gain a very high price for their signature, which also rewards the members of WBO and provides them incentive to continue this practice.
If any of you disagree with me and think im wrong for any reasons, feel free to reply here, I would like to hear your arguements.