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HTTP/2 is up and working on the beta site (new framework). Seems to be considerably faster. Not sure if it will be possible to get HTTP/2 on the old site or not, there is a backport issue for the openssl library.
Here is a message I sent to @Big Mike regarding a FIO idea!
"I will try to save you some time and get right down to business.
Have you heard of the website "Reddit"?
Maybe, maybe not. It is a fairly popular site where people can post content and others "up vote" or "down vote" it. This feature is similar to the "Thank You" button.
There is another thing you can do if you REALLY appreciate a post/comment. You can give them "Reddit Gold". This costs the giver money and gives the receiver certain benefits that are exclusive to "Gold Members".
This costs the giver $4 to give someone Gold. Gold lasts one month for the receiver.
Now, why I am bringing this up to you.
I on many occasions feel as if the "Thank You" button does not justify the gratitude you truly have for the other's post.
So, my thought was is that FIO should have something like Reddit Gold! It would give the users another way to express themselves/their gratitude. It would boost the community aspect of the site too!
Not only these things, but it would bring in additional revenue for FIO! Whether that money ended up making the app better, helping the website function, or even in your pocket, it doesn't matter! I think it would be a great idea for FIO.
It would also be a way for people to support FIO.
The benefits of "FIO Gold" would be something that could be discussed further at another time if you think this idea has value. The pricing would also be a discussion to be had.
It could be used for many things! "Half of the Gold money purchased will be put on a gift card given away later this month." You could work with it in billion different ways.
It could be an innovative way to reward members- which would become another benefit to being an Elite member.
I like the idea of the content creator being the one who is financially rewarded, not FIO.
It becomes an incentive for members to share more than the normally would, thus improving the overall quality & Value of FIO.
FIO could take a % cut on deposits/ gold given.
Rather than just giving "Gold" you could give Gold/ Silver/ Bronze amounts which were equivalent to different dollar values. Or something along those lines- You don't necessarily have to reward people for the greatest post you have seen, but for a post you found useful.
And Rather than just giving in the form of $ deposits, it could potentially be transacted in the likes of BTC or other cryptocurrencies.
"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
I'm not so sure that I like this. Money means different things to different people, who have a different willingness to part with it. This doesn't mean they can't afford it, it just means that people look at money in different ways, and value it differently. Some rich people are very cheap. Some (relatively) poor people are very open-handed.
This means that the "FIO Gold" will mean different things to different givers -- different levels of gratitude, different valuations being given to the Thanked post -- in ways that don't have anything to do with how valuable they really feel the post was.
For instance, am I going to hand out any four dollar "Thanks"? Nope. How about if it's for a post that is really very, very good? Nope. It's not that I'm cheap (well, a little), but I just am not going to do it. What if we said it only cost 50 cents? Well, the point is that different people will count whatever amount is chosen as being of different worth, and will be more or less willing to give it based on that personal feeling about money.
Which means, one award of FIO Gold will mean, to the giver, something perhaps very different from another one, given by another person.
I think this is a problem with the idea: it won't, and can't, mean the same thing to every giver.... nor to every recipient.
Sure, the same can be said of the no-money Thanks, too, but if the idea is to give a special type of Thanks, the variability of how it is meant messes the idea up, in my opinion.
Now, as a different matter, I am also kind of offended by the idea of monetization of gratitude. It's just an attitude about money and gratitude that I have. But I won't be giving any of the FIO Gold super-Thanks, if the idea is ever implemented.... And I give a whole lot of Thanks, and express a lot of appreciation and gratitude. I just think that wrapping the whole idea up with some money I may be willing to put behind it has nothing to do with acknowledging or Thanking someone.
I don't want to be negative, but yeah, I really, really don't like this idea.
I'd just like to have an FIO logo t-shirt and maybe a baseball hat... If the "gold" could could be used at an FIO store only that would be great and eliminate the monetary aspect and Mike could rack up some Ching along the way (which I totally feel is a good thing).
Humm- an FIO umbrella to get throught this one week long stalled over my area tropical storm would be nice right about now too! I'd pay extra if I could get Mike to personally autograph it
Fair enough Bob, however, I think you're looking at it the wrong way.
Why does it matter if FIO gold means different things to different people, as you have stated, you could argue exactly the same thing about thanking a post. I just thanked your post, does that mean I find it valuable, how valuable? Maybe I'm just someone who thanks a lot of posts. At the end of the day why I choose to like a post is my own choice, just like giving "gold" would be my own choice.
If you are creating content that others get value from, then why shouldn't you have the opportunity to be rewarded for it? Especially in terms of a traders content, where sometimes that content has real IP value, with "trade secrets" that vendors can exploit. How many times do you think an FIO member here has shared something brilliant, to discover a vendor has packaged it up to on sell to others.
Don't think of it as the monetization of gratitude, it's the monetization of one's own content. Users being able to monetize their own content is the way of the future.
"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
I do have to say my thoughts are along the same lines as @bobwest. @rocksolid68 when I read a post I find has great value I write about it. Giving considerable time to the effort, thought and love. This, in my opinion, far out weights monetary benefits and truly increases the quality of the content here at FIO. Trader and others, new members and guests come to FIO for the content. The more we all contribute in a genuine and sincere way with each of us bring a unique respective and hard earned mature trading knowledge/wisdom.... well this in my book is infinitely more valuable than thanking with money.
For example, right this second as I write my wife has asked me, 15 minutes ago, for a short massage. In a former life I was perhaps one of the greatest massage therapist the world has ever seen (I kid you not) but I left it behind for trading. Massage therapy is so far ahead of it time it's sick. There will come a day hundreds of years from now when humanity grows from it adolescents and massage therapy takes its rightful place the the medical world. At least how I practiced. Anyway getting a touch sidetracked, my point is this post is important to me so I'm investing time in it. Crafting it. Creating it. Something that did not exist before, EVER. For those reading this words written in a certain way are light on the page in another way are as dirt, shadow, emptiness and the personification of immaturity.
Content drives the internet. And it drives FIO. You can create a consistently profitable trading business with the content offered here at FIO with hard work, time and capital to start with.
I'm not against this concept because I'm broke and money's an issue. Quite the opposite. I see it as a barrier an obstacle to quality content. Instead of taking the time to write you just throw cash. Not me.
Ron
Sent from my iPhone using Tapatalk
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
My gut feeling is the idea has merit but execution needs tweaking. I would remove the money from the equation, and look for other forms of recognition that people can earn for helping others and answering questions.
I'd love to see suggestions on non-monetary rewards or recognition. For example, a user badge or something that makes that users posts stand out. That kind of recognition for their work.
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