Im confused about readcash

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Avatar for Jaymark
Written by
3 years ago
In communities: My writting(51fa) , Any Writing Content(d75c) , Any writing content(dc10) , What's life(7ec0) , Matters of The Heart MTH(4ac8) , World Today(70ff) , Read.Cash(f4d8)

I got 180 points and just received

0.15$ only

And if my points got higher and higher the USD amount is smaller and smaller

So even if u have hundreds of points it's useless ??

I'm shock ☹️

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Comments

really!! with the increasement of the point USD amount decreases??

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User's avatar Fareha_Nipa
3 years ago

I am also face it. When i get less point USD rate is higher. But it is just getting less.

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User's avatar Nasrin.adrita
3 years ago

Not at all, the fund math is not entirely disclosed but you can read up about it and see the higher the donor funds the more your points worth. For example today 160+ points credited 1.89$

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User's avatar Monolith
3 years ago

You mean the amount of points is depending on what is the amount of funds and distribute it on all readcash user ?

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User's avatar Jaymark
3 years ago

Yes, it depends on the amount of funds, and your particular points worth more the best your daily content is.

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User's avatar Monolith
3 years ago

Basically, it's like this. The fund distributes 0.5% each day, so right now it's 15000 * 0.005 = $75 per day. Yesterday all users accumulated about 20,000 points, so each point on average is $75/20000=$0.00375. But then the personalized rate kicks in - if you are writing good interesting original content and publish it on read.cash only - you might get many-many-many times more than a user who tries to copy-paste from Facebook each day or writes short questions only. It makes sense to reward writers who put a lot of effort and penalize Ctrl+C/Ctrl+V mindless workers (who are violating the copyright law in the process).

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User's avatar Read.Cash
3 years ago

How much satoshis you get for your points depends on many factors. I don't know which formula read.cash uses to convert, but it certainly depends on the quality of the articles and comments. Read.cash is not a platform like many others, where you earn money by clicking a lot and copying many articles from the internet. It is also not worth writing short articles. For more read here: https://read.cash/@Read.Cash/the-point-system-fa56be9b

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User's avatar Telesfor
3 years ago

Keep patience. It is all about currency. When the rate is high you will get higher usd amount at low point. And if you write something good you can be gifted amount of tip which will help you to increase your usd amount.

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User's avatar Piku
3 years ago

I am also facing same problem. But hope that this will be solved. I also heard that it depends upon the fund.

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User's avatar Fareha_Nipa
3 years ago

Do not worry. I myself are still quite new here. The points system are still being updated and it is improving over time to give more appropriate rewards to authors especially those who are writing Original Contents(OC). There are only a few of the team members as I read and I think you can Tag @read.cash or perhaps @paycash to answer your question and it would be better if you go to their account @read.cash, read their articles and comments below because your question might have been answered there.

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User's avatar heartbeat1515
3 years ago

Don’t' worry bro.. Somethings it gives much money for some points. Sometimes it grow up more today i show my poins are only 12.01 but my expected balance is $0.88 but now It's decrease also and it now &0.06

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User's avatar aminul
3 years ago

The idea of this platform is to write good content. I can not say you do.

I just noticed a part of what you write is not original content written by you.

If you are here to make quick money you are at the wrong place.

The point system I can not tell you what it does or how it works. I assume you can ask @read.cash how it works. Good luck.

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User's avatar wakeupkitty
3 years ago

You easily said my content are not original are u sure ? Do u have a proof ? Then I can easily say too .that ur articles are copyright .

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User's avatar Jaymark
3 years ago

Wow,your judging people easily ? What kind of people are u Do know how much effort I put to wright my own article ?

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User's avatar Jaymark
3 years ago

I have not really be checking my points and i don't know how the points system is converted to cash, am only seeing my earnings increasing daily plus am getting tips for most of my articles

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User's avatar Fexodine1
3 years ago

Hey i am also follow that. I totally agree with you. It is also happend with me. So i am very disappointed. Thank you for sharing your experience.

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User's avatar sb111222
3 years ago

It is important to know that these coming days the dollar will undergo a significant devaluation, so rest easy and to work

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User's avatar jaimesjuan08
3 years ago

It depends on the dollar rate dear..dont worry..keep going..you will do great

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User's avatar Nawaja_Hassan
3 years ago

I am also facing this problem..but I think it is not a matter of worry..it depends on dollar rate..

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User's avatar Raktim39
3 years ago

I think it depends on the number of people earning points and fluctuates due to this. Today @Read.cash posted one article about this in detail

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User's avatar Cryptonoob
3 years ago

yaap.I also think this is reason of this problem.thanks for your kind information.

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User's avatar Raktim39
3 years ago

I think it depends on the number of people earning points and for this reason point value change.The percentage of the fund is shared.

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User's avatar Dari_King_01
3 years ago
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