Earlier quoted context omitted.
A pyramid scheme pays out fake returns that were actually new investments, which requires unsustainable geometric growth. An asset bubble doesn’t depend on fraud or growth, it just keeps going until speculators’ confidence is shaken.
A pyramid is a more psychologically powerful scam as many people actually get big returns and become true believers. Made up assets are more akin to the tulip mania and such.
Inside a viral website
261–270 of 305 posts
Re: Inside a viral website
#262Earlier quoted context omitted.
Have you tried Patreon? I had the same experience with a donation button. But a Patreon button magically gave us steady money to support infrastructure.
Yeah, as a (small/tiny) donator for 3 projects so far I personally liked Patreon - neat, simple, it works. There are 3 other projects to which I'd like as well to donate something but they're all using different services ( https://donorbox.org , https://ko-fi.com , https://liberapay.com ) => I don't want to lose control over my donations and creating accounts there as well would have that effect on me. Therefore, I t…
Any donations for this idea?
Re: Inside a viral website
#263Re: Inside a viral website
#264Earlier quoted context omitted.
Yeah, as a (small/tiny) donator for 3 projects so far I personally liked Patreon - neat, simple, it works. There are 3 other projects to which I'd like as well to donate something but they're all using different services ( https://donorbox.org , https://ko-fi.com , https://liberapay.com ) => I don't want to lose control over my donations and creating accounts there as well would have that effect on me. Therefore, I t…
What we need now is a donation service aggregator. Any donations for this idea?
Seems like linktr.ee does a good job of aggregating links. So, the "donate" link could link to that, which then displays a bunch of options. However, I believe that a familiar icon - like the patreon icon - helps people make decisions.
Re: Inside a viral website
#265Re: Inside a viral website
#266Earlier quoted context omitted.
But is it worth the trouble for a meme site that won’t be relevant in a week? There are probably more fun things to do with your time.
He minted the site as an NFT. Dude had time.
Re: Inside a viral website
#267Earlier quoted context omitted.
Don't call them donations. Look at what reddit did: people can "give gold" to people for comments that they think were great. All it does is add some icon to a comment and put the person in a "gold club". In games, people will buy so many visual improvements that add nothing but glam to their character. Discord does... something, I can't remember what exactly, with their "turbo" and IIRC it costs discord cents, but t…
Back in the stone ages Slashdot gave subscribers a comment bonus and an indication the user was a subscriber. An icon in the forums or some small benefit for "subscribing" goes a long way to get people to fork over a few dollars for something.
Re: Inside a viral website
#268One thing I don't understand about monetizing on the Internet. I see the author considered ads, tried an affiliate scheme and even did an NFT. But what about plain old, honest to God payment? Couldn't they just put a paragraph of text on the site, "Hey folks, I'm worried about hosting costs, if you find this page useful, please [Donate]", with a button redirecting to Paypal or Stripe or whatever, collect the money an…
Re: Inside a viral website
#269One thing I don't understand about monetizing on the Internet. I see the author considered ads, tried an affiliate scheme and even did an NFT. But what about plain old, honest to God payment? Couldn't they just put a paragraph of text on the site, "Hey folks, I'm worried about hosting costs, if you find this page useful, please [Donate]", with a button redirecting to Paypal or Stripe or whatever, collect the money an…
Re: Inside a viral website
#270Regarding the Amazon affiliate marketing bit: I am surprised he didn’t make at least an order of magnitude more money from the clicks. I ran a site that was popular on a niche subreddit in 2013-2014 which had Amazon affiliate links. On the very first day when the site was the top post, the resulting affiliate commissions were over $500. And most of them were not for products that were linked to on the site. The lifet…