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Showing 20 of 121 results by lotto-fan
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Re: Merit & new rank requirements
by
lotto-fan
on 24/11/2018, 22:12:37 UTC
I found the new ranking requirement is not logic. It requires way too many merit points in order to gain higher rankings. For example, I am a Member now, and from Member to Full Member:

Requirements:
   Member   60   10
    Full Member   120   100


I need 60 posts and 90 Merit points. How many posts I can get 90 merit points? Well, some posts I just reply to other people's posts, with my comments, for those, I probably get no merit points. I need to post long and original info or thoughts in order to get merit points. Say every 3 posts I get 1 merit point, I'd do 270 activities to get 90 merit points, and this is probably the best scenario, and admin will need to notice every of my good posts  Kiss

Therefore, I think this system is not rational. To the least, the requirement of the activities and merit need to be consistent. The purpose of the merit is to make people write quality posts. So with 3:1 ration this could be reasonable, which means if we keep that Full Member requires 120 activities, then the merit point requirement should be 10+60/3 = 30, instead 100, for the Full Members. This will encourage people to make quality posts and don't find other ways to cheat.

Hey.. you made a pretty decent post, here, but the content seems to be whining about stupid shit (meaning already beaten to death points, if you bothered looking through this thread, for example).  

I would think that if you had made some decent points about something relatively important and significant, then the way that you back up your points, such as here, and describe the situation would likely be more attracting of smerits (at least one, and you might get one here, too.. because sometimes even whiners find common cause with other whiners who happen to have some smerits that they are willing to spend on a common cause whiner).

Anyhow, you can also attempt to study into the matter and see that higher earning merit post members could provide some examples about how you could earn merits, to the extent that merits are important, anyhow for someone who merely wants to read posts.. .. and throw in a few responsive posts from time to time... assuming that there is even any real need to rank up for folks who mostly just read, rather than posting in interactive kinds of ways (which there are a variety of ways that your posts could end up earning merits, if you looked into the matter a bit (rather than just whining some seeming bullshit and seeming non-studied points)).

I went through the posts, just want to raise the issue. I am not whining here, I just hope the system be more reasonable. Afterall, the merit point is not there for fun, it's to encourage people to post better. But with this kind of unreasonable system, it does not achieve its goal. I, as many here, are enthusiast of Bitcoin and blockchain technology. I come here to get information and ideas. Of course I'd like to be as high ranking as possible. But the system as is, I doubt it will help any, at least for myself, I don't care and it does not encourage me to make any better posts.
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Merits 1 from 1 user
Re: Merit & new rank requirements
by
lotto-fan
on 23/11/2018, 21:33:44 UTC
⭐ Merited by PoolMinor (1)
I found the new ranking requirement is not logic. It requires way too many merit points in order to gain higher rankings. For example, I am a Member now, and from Member to Full Member:

Requirements:
   Member   60   10
    Full Member   120   100


I need 60 posts and 90 Merit points. How many posts I can get 90 merit points? Well, some posts I just reply to other people's posts, with my comments, for those, I probably get no merit points. I need to post long and original info or thoughts in order to get merit points. Say every 3 posts I get 1 merit point, I'd do 270 activities to get 90 merit points, and this is probably the best scenario, and admin will need to notice every of my good posts  Kiss

Therefore, I think this system is not rational. To the least, the requirement of the activities and merit need to be consistent. The purpose of the merit is to make people write quality posts. So with 3:1 ration this could be reasonable, which means if we keep that Full Member requires 120 activities, then the merit point requirement should be 10+60/3 = 30, instead 100, for the Full Members. This will encourage people to make quality posts and don't find other ways to cheat.

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Topic
Board Press
Re: [2018-11-23]BitPay COO Sonny Singh: Bitcoin Could Hit $15-20K by End of 2019
by
lotto-fan
on 23/11/2018, 21:21:02 UTC
Sounds a nice prediction, and I am looking forward to it Grin
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Re: Stake your Bitcoin address here
by
lotto-fan
on 26/05/2018, 05:51:41 UTC
Please quote and verify.

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is lotto-fan from bitcointalk.org and today is May 25, 2018.
-----BEGIN SIGNATURE-----
Address: 1KUMwyFJj4M44VY8pbbpWwiw1tDFf8nZYj
H1QMlI3GRv+4Z6hYutKDPAGQcpXOAqpt8tiabgGSXS3pGrJr1Qyly7VM0N5nNT2eQuoBiEEpZFTwS3TP0G4ifFU=
-----END BITCOIN SIGNED MESSAGE-----
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Board Altcoin Discussion
Re: How does affect you bearish market?
by
lotto-fan
on 17/03/2018, 22:29:16 UTC
Hold, and hodl, lol. Every time the bear market, eventually all good coins will recover and go to new highs, just patience.
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Topic
Board Speculation
Re: Why is the Bitcoin Market Crashing?
by
lotto-fan
on 11/03/2018, 03:32:01 UTC
Hope the storm will be over. There were many before but none really affected bitcoin.
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Board Press
Re: [2018-03-08]SEC Says Cryptocurrency Exchanges Must Register With Agency
by
lotto-fan
on 11/03/2018, 03:29:33 UTC
Good that there are some regulations so cheaters can not play with whatever they want.
Post
Topic
Board Speculation
Re: Bitcoin prices are rising.
by
lotto-fan
on 03/03/2018, 02:08:39 UTC
Great news that bitcoin recovers some, looking back, bitcoin is in a secular rising segment, it will go a lot higher.
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Re: [2018-01-22] Robinhood’s Zero-Fee Bitcoin, ETH Trading Is Live In Five US States
by
lotto-fan
on 23/02/2018, 14:17:25 UTC
The only thing Robinhood allows you to do, is buy and sell server tokens that are tied to Bitcoin's and Ethereum's price. In other words, you can't deposit crypto because you don't need it, and can't withdraw anything because you don't own any crypto.
I just had a look at their FAQ page, and it seems that you are right. This basically means that you pay full price for Ether and Bitcoin, while it's nothing more than hot air, lol. On the other hand, most of the average people having found their way to crypto recently, just want to trade crypto, and don't necessarily want the hassle of sending funds back and forth between exchange and wallet. In that regard, it's quite a smart move from Robinhood, which reflects the insane number of registrants their gained due to crypto.

From Robinhood site;
Quote
Digital currency held as a capital asset will be taxed as property, and subject to capital gains and losses. Please consult your tax advisor for more information on filing taxes.
Quote
Robinhood Crypto will initially be available to customers in California, Massachusetts, Missouri, Montana, and New Hampshire.
Property tax rates;

California; 0.8%
Massachusetts; 1.57%
Missouri; 1.41%
Montana; 0.72%
New Hampshire; 2.21%

I wish every government charged only these level of tax rates. Even if it was 5%, people would declare their holdings and profits out of free will.

property tax does not mean much, the sales tax, state tax, property price etc are much more important than the superficial property tax.
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Board Bitcoin Discussion
Re: Transaction fees are a tax on BTC
by
lotto-fan
on 16/02/2018, 16:32:44 UTC
But there is a big difference. Miners deserve that fee. But governments wants taxes for nothing.

Yes I agree, tax and fee are two complete different things. Fee you pay when you transact, tax you pay only when you have a gain.
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Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread
by
lotto-fan
on 10/02/2018, 06:03:11 UTC
is this coin listed in any exchanges? looks like a hot coin but I see no exchange??
Post
Topic
Board Speculation
Re: bitcoin $1000?
by
lotto-fan
on 03/02/2018, 02:58:26 UTC
I am waiting it goes to $1000, so I won't miss it again this time, lol. You can sell to me.
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Topic
Board Press
Re: [2018-01-30] Samsung Enters `Mass Production` of ASIC Miners
by
lotto-fan
on 03/02/2018, 02:57:29 UTC
They finally realized it's a business for them, should they realize that a few years earlier, the market is all theirs.
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Board Press
Re: [2018-01-23] A price for Bitcoin from $25.000 to $50.000 possible
by
lotto-fan
on 27/01/2018, 07:12:29 UTC
Everything is possible, I wish bitcoin will go to $1,000,000, which is definitely possible but may wait for years. We'll see.
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Topic
Board Altcoin Discussion
Re: Any new airdrop coins?
by
lotto-fan
on 20/01/2018, 05:32:40 UTC
There are plenty airdrops. But there's only one good one: deeponion. It already done 27 airdrops, there are 13 more to come.
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Topic
Board Service Discussion (Altcoins)
Re: Never miss a good ICO bounty again
by
lotto-fan
on 20/01/2018, 05:31:16 UTC
Don't think there's a good ICO. All ICOs aim at some quick money and never a good option for investment.
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Board Off-topic
Re: What are some disadvantages of BTC?
by
lotto-fan
on 14/01/2018, 05:07:55 UTC
Bitcoin is slow and fee is way too high... hopefully with lightning network this will be solved.
Post
Topic
Board Bitcoin Discussion
Re: bitcoin transaction fees are abnormal
by
lotto-fan
on 09/01/2018, 22:54:09 UTC
Hopefully with lightning network the fee will become much lower, now it is insane and it will not help the bitcoin.
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Topic
Board Altcoin Discussion
Re: I just became a millionaire
by
lotto-fan
on 09/01/2018, 22:51:30 UTC
Well done dude, hope most of the investors here will follow your path, this is the new and emerging economy!
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Board Press
Re: [2018-01-07] Study: 22% of Bitcoin Investors Used Borrowed Money For Trading...
by
lotto-fan
on 09/01/2018, 22:46:47 UTC
Man this is not that different from the stock trading in wall street. They gamble with other people's money, lol.