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If you own a territory on Stacker News (please don't answer if not!), do you rent monthly, annually, or have you already decided to permanently own a territory?
(tagging some territory owners I know to be active)
Pay monthly42.1%
Pay annually31.6%
Permanently own26.3%
19 votes \ poll ended
Nice try, fed
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lol that's why I chose poll! afaict it's anonymous...
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34 sats \ 1 reply \ @siggy47 13 Jan
I love saying that! Thanks for the opportunity😀
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Always happy to tee you up haha
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Return of the master
The rest of us failed to recognize the opportunity.
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@TNStacker is the master
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Well done Obi Wan! 🤣
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Thank you sir
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I'm not a territory owner, but if I were to ever be one I'd pay annually, unless I can somehow accumulate 3 million cowboy credits--then I'd pay for permanent :)
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Something will have gone badly wrong if anyone has 3 million cowboy credits.
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Challenge accepted
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Founded ~memes and ~movies for life but ~podcasts, ~events, and ~videos I only paid for the first year.
After we see how CC plays out, I’d like to pay the difference to secure all of my territories for life.
I might also found another 2 or 3 depending on whether or not my friends want to pitch.
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Do you think buying them was worth it?
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Founding a territory for life is the only way to found a territory imho
Anything else just drives up your overhead over time.
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It's so expensive, but seems like a good idea long term. I guess it just comes down to how much faith you have in SN. It's something I am considering.
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Yeah the long term success of SN is something that's been on my mind as well.... This is how I've been thinking about it:
Assuming development efforts continue long term and the current folks stay in charge, I think a reasonable worst case scenario is that long term, it's kind of a niche site for all of us early bitcoiners. I can see that continuing on for a long term, so like... Eventually we'll make the investment back.
The WORST worst case is that ownership changes or just discontinues, and that would be sad for a lot of reasons.
Anything better than that makes it seem like a pretty good investment in my mind if you try to keep the territory active. Even slow user growth should make it worthwhile if your territory is reputable and doesn't get obsoleted by another territory.
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I'm not super worried about the long term success of the site. I like the development team. k00b has recently said a few things that make me really respect his decision making in regards to the site.
My major concern is more about whether or not I am cable of founding and nurturing a territory that people would want to use.
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140 sats \ 2 replies \ @k00b 14 Jan
I view SN as my life's task, the intersection of most things that I care about, if that helps. Also, there are other longevity things at play. The only exit from SN that I'm interested in is the one where I've successfully decentralized it and SN doesn't need me anymore.
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Hopefully this is a long ways away but if it does occur please just post "I have moved onto other things".
I've watched enough video games decline by watching devs do what players say they wanted, not what they showed they wanted. So when you were talking about removing the leader board despite what stackers think they want (paraphrasing) it kind of sealed the deal for me as far as how much faith I have in SN. Like I said, it's now more of whether or not I feel that I can personally run a territory successfully and add to the site or not. There's no point in making a permanent dead territory.
maybe @grayruby can tap you in to these conversations when they happen if you'd like to be a fly on the wall #845199
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Of course. Everyone is welcome to contribute.
If you rent for even a few years and then decide to take a break or stop, then you lose your territory and all that money is gone (unless you’re sats flow positive)
When you found for life, every sat you stack brings you closer to breaking even and profitability.
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That's exactly how I look at it. Renting is wasteful.
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💯
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I pay monthly. Been thinking about permanently owning but 3M sats is a lot if sats at todays fist exchange rate!
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Recently switched to annual. Was planning to buy the territory outright but the annual payment of 500k sats works out to 41,666 sats a month. If I were to pay 3M to buy outright, that would be 72 months of territory payments based on the annual rate compared to 36 months based on the previous pricing of 100k, 1M, 3M.
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Yeah I wish we had a layaway plan! After you hit 3M of total rent paid then the territory is yours. Almost like a mortgage. Miss a few payments then boom you start over
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Take it up with the sheriff. @k00b
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I think this idea should only work if you pay for 3 consecutive annual payments.
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~econ and ~stacker_sports are annually, as of this month.
~healthandfitness is monthly, because we're in an experimental phase. I'll push for us to go to annual, as soon as we're satisfied the territory has legs.
Permanent is so expensive, now, relatively speaking. It's six years rent. SN is only about three years old, so who knows what six years from now will look like.
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Yeah, with ~science I was planning on making the switch in September to permanent towards the end of my first year of yearly pay. However, with the new fees, I am not so sure about that anymore. Three years made sense, six years is a big vote of confidence...
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I would consider buying one permanently with a few people like you guys are doing monthly with health and fitness but solo is a real big chunk of change.
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I try to not advertise too much I founded ~HealthAndFitness with @grayruby @Undisciplined @IamSINGLE
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Annual but plan to perm own
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