EliteTrader: Charge $500/year

Quote from richtrader:

Why would I pay to help others and answer questions?

You wouldn't. If you started the thread, you would only pay to open the thread. After that you could post all you wanted at no cost since it is your thread. You will actually get paid for helping others. Every view of your thread earns you a penny and every post on your thread earns you a nickel. Might not sound like much but if you start quality threads, you could have hundreds of posts and thousands of page views. You follow?
 
Quote from Maverick74:

You wouldn't. If you started the thread, you would only pay to open the thread. After that you could post all you wanted at no cost since it is your thread. You will actually get paid for helping others. Every view of your thread earns you a penny and every post on your thread earns you a nickel. Might not sound like much but if you start quality threads, you could have hundreds of posts and thousands of page views. You follow?
Yes... I'm talking about a thread like this:

Originator: "Help! What API is best for a datafeed?" -- $1.
Me: "Try feed x. They are the best." -- I pay 5 cents?
You: "Feed y is great too." -- you pay 5 cents?

We are paying to help the guy. Unless I have your structure wrong?
 
Quote from richtrader:

Yes... I'm talking about a thread like this:

Originator: "Help! What API is best for a datafeed?" -- $1.
Me: "Try feed x. They are the best." -- I pay 5 cents?
You: "Feed y is great too." -- you pay 5 cents?

We are paying to help the guy. Unless I have your structure wrong?

OK, I see what you are saying. I'll have to work on that. LOL. Maybe we can have help threads where if you help a person with a problem, you generate cash credits.

So in that case, the originator pays a dollar to start a thread where he asks a question. Now you post an answer, you get a nickel credit. I also respond, I get a nickel credit. The originator doesn't pay to keep posting. These threads would fall under some kind of help category. This system would reward those who went out of their way to help people with problems. So these threads would be different then the commentary threads. I don't know, that's my best guess. I still like this system because it's self serving and self regulating.
 
Quote from Maverick74:

Actually I thought of something even better. Why not let the poster profit by starting quality threads. Say you start a thread, now it will cost you let's say a dollar to start a thread. This is important because otherwise guys might start hundreds of threads. Now, everyone that views the thread, pays a penny, and that penny goes to the thread starter. Anyone that posts, pays a nickel and that also goes to the thread poster. This will give the thread starter an incentive to start quality threads, since he is paying to open the thread, and it gives him an incentive to provide a quality thread, otherwise no one will read or post on it.

It will keep the junk off the threads too because everytime you post on a thread, it will cost you a nickel. That will make you think twice about posting crap. This is a great way to allow members to profit from helping others and also keep ET clean with quality posts. Now maybe chit chat can stay free and everything goes there, I don't know. But certainly on the other threads this system would work very well.

Think about it Baron. This makes total sense. Sure the number of posts will go down, but that's good, that's what most people want. I hate having to read through 20 pages in one day on one thread to get to one quality post. This system is perfect. What do you guys think?

I posted the original during the market hours in a hurry. Actually I meant to say that thread poster will get paid, as you said, for people who poste contructive postes and for those who proffer advice, such as TraderBrad for a higher fee, lol.

Or people who rely to Help threads will get paid (that's why I said credit), which will address richtrader's concern.

Details of debit/credit scale obviously can be worked out. Anyway, if it costs something to post, it will eliminate a lot of crap.
 
You folks do not have a clue. A pay room will not be profitable compared to advertising revenue generated in a public site.

This has been tested over and over again and a typical classroom study.

Baron has the right idea (I do not know Baron, but I call him by his first name).

Michael B.
 
The more posts the more times you have to go to the next page
and see a new ad at the top of the page and get brainwashed
into opening an account at eSignal or whatever. This is where it
is at. So with my post here, I helped to generate more ads you
all can see and get brainwashed by... :D
 
A pay site won't fix anything except guarantee ET a better class of buttheads. Only the snooty rich buttheads will be able to post. But you'll still have buttheads, who will not be as "kickable" because they've PAID to be here, which should give them some rights to do whatever they want... and of course the vendors will pay to be here, to them it's an investment in forum spamming...

The real solution, assuming there actually IS a problem (which I don't personally see), is to get another site working based on Slashcode. Then readers will be able to moderate posts up or down based on quality, and users will be able to befriend other posters and assign their "friends" a higher ranking, and their "enemies" a lower ranking. Thus, you'll never have to read a post from a butthead again unless others think it's extremely good and moderate it up to your threshold.

Of course, I noticed that ET has something called an "Ignore List", which I assume serves a similar function. If you don't like somebody, put them on ignore, and you'll never have to hear a dissenting opinion or lamer post ever again!
 
Why overcomplicate things?

These two rules will work:

1) You need to use a credit card to register. You will be charged $.01 to register, or whatever the minimum is.

2) That credit card can only be used once.


Done.

nitro
 
Quote from nitro:

Why overcomplicate things?

These two rules will work:

1) You need to use a credit card to register. You will be charged $.01 to register.

2) That credit card can only be used once.


Done.

nitro

That won't work. Won't it cost Baron a certain amount for each credit card use? I believe there is a transaction fee for each credit card transaction. So Baron would have to charge people at least that amount. Probably 1.50 or so.
 
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