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Re: SPECULATE.XCP - Weekly Payouts!

@markxmayer Vennd news: "Please note we have only disabled one side of the XBTC gateway - you can still redeem your XBTC into BTC (minimum amounts still apply)! You are simply unable to exchange BTC into XBTC at this time and for the foreseeable future."

https://forums.counterparty.io/discussion/761/quick-buy-update-from-vennd-io

Looks like we need to change our payouts...

hmm yikes, thats probably not good? any ideas on what should we do? might be time to setup a new payout token..

Re: EARNFREEBTC.XCP - Earn BTC with your CounterWallet

Sorry yeah, I forgot to update this post. Counterwallet issue so payment was delayed. Payment going out shortly

Re: SPECULATE.XCP - Weekly Payouts!

@bitsol Is the purchase automatic, or do you do it manually?

I currently do it manually, but at some point it would be cool to setup some automation :p

Re: Proof of Participation point metric adjustments

@asdolino Someone has exploited the reward system with his thousands multi-account views, I think the points earned should be 0,05 for each page.

It's really easy to code a script which can visit 3000+ pages/day and this method will be used by more and more people in the next weeks...

im planning on making the changes to get rid of page view farming before the next LTBc payment this coming weekend,

Re: CounterWallet Nightmare (with Happy Ending)

@lostdroid I'd like to do CounterParty Wallet for Android but I'm not sure if I have the time. I have started reading the documentation but a wallet is a long way off. What I really need to discover is if the CounterParty protocol can be built on top of Bitcoinj.

Huge need for other Counterparty wallets which are not counterwallet.. that would be great. Good question about the Bitcoinj thing.. have you tried getting in contact with the devs?

Re: Crypto Cards: The First Cryptocurrency Related Trading Card Game

Looks like a pretty neat idea, awesome! Might have to check it out

Re: Proof of Participation point metric adjustments

@hotarugrey one thing I was thinking about the post "likes"... Does it really make sense to have likes have daily diminishing returns? Typically if a post receives a whole bunch of likes (which will be replaced by weighted upvote/downvote system in near future), it's most likely going to happen within a few days (or on the same day) that the post is created. You wont usually consistently receive likes every day to make it worth while. Maybe a compromise would be to only count likes on posts that are less than 2 weeks old or something? That way you could not have people going through a users entire post history farming points for them or something. Also with the upcoming weighted upvote system, it should make it very difficult for new and low level users to earn anything by exchanging likes/upvotes. The whole idea of rewarding points for receiving likes etc. is to encourage people to create quality posts over spam and small talk (a good post will receive more likes, in theory).

As for the points for page views... maybe keep the diminishing returns, but bump it up to 2 points per view? Diminishing returns is pretty aggressive anyway, so the first view of the day would be 2 points, second 1 point, third 0.5 points, fourth 0.25 and so on. Or actually, 5 points might be better. With the setting at 5 points, you could view 10 pages a day and get a bit over 10 points (which is actually a little bit better then what you get currently), but after that 10 pages it drops off pretty fast.

@yanuarwisnu I see a lot of users in the Proof of Participation Week 18 Oct 25th - Oct 31st only multiply the number of Page Views. And I'm sure users will make more accounts just to increase the Page View. So I propose to tighten the new account creation .But all the decisions in your hands and you are entitled to decide.

Yes, that appears to be what some people are doing.

@cherapple

It takes more effort to contribute valuable comments, but there's no way for the system to distinguish between valuable and not, except by upvotes and downvotes. Does the system take those into account?

You mean the upvote/downvote buttons on the blog article comments? I think it was briefly discussed before but didnt end up getting implemented. It should be though, so I will add that to the list.

A forum post should be worth more than an article comment. Giving ten points to comments increases the motivation for one-word, spam comments.

Interesting. You are probably right. Maybe 5 points for article comments..?

Can you put a cap on the number of page views an account is allowed to earn

See one of my above comments. With changing it to 5 points per page view and diminishing returns, you could effectively only get a max of around 10 to 15 points per day just from viewing pages

Ban anonymous accounts? If people want to be here, and they want to participate, then part of participation should include an identity of some kind, even pseudonymous. It could be argued that people with anonymous accounts aren't really here, and aren't really participating. Part of earning LTBcoin could be that you have to have an identity, with a positive reputation tied to it. Anonymous accounts do not get tokens. Accounts associated with extreme behavior -- like 3,000 page views in a week -- get banned. I know that's a fine line to walk, but some behaviors are obviously unacceptable. Robotic, gaming behaviors don't get rewarded.

There isnt really any "anonymous" accounts actually, we just give people the ability to set their profile to private, which pretty much only hides their username on the stats (as an admin, I can find out whos who anyway, no problem). Which I think is fair.. some people do not like the idea of other people being able to see their exact stats and how much LTBcoin they are getting. Any obvious bots should definitely be banned, but I think for the most part we just need to align the incentives correctly to get the behaviours we want. Can that be called social engineering? :)

@jsea Would it be possible to have Magic words in articles ?

Any article can technically have a magic word associated with it, but currently we are only doing this with podcasts and not the purely written content.

Re: SPECULATE.XCP - Weekly Payouts!

Looks like counterwallet is down for upgrades.. this weeks payment will have to wait until the morning (same goes for anyone that owns some EARNFREEBTC).