Bitcoin Forum

i just wanna say the said truth to all the really straight guys (1) out here wasting time by their, sorry, useless bitcoin mainstream efforts.

i mean

 - spreading good news
 - enabling (big) online/offline merchant to accept bitcoin
 - accept bitcoin as a merchant
 - use bitcoin in daily life as much as possible

is all sweet & easy. thank you!

but the really only way bring bitcoin to worldwide mainstream is to persuade (or to force) the OPEC to accept bitcoin instead of the US$ for the oil.

if that ever happens were in the 'mahatma gandhi *then we win* phase'
amazon, ebay, facebook etc.; break paypal; .. are all minor or just small steps on the road. OPEC is the goal.


do you have thoughts or ideas how to come so far or other useful comments?


(1) no shorttime interested bitcoin or us$ hoarders/traiders

The US would send drones to every house they could find running a bitcoin and kill everyone if any hint of OPEC accepting bitcoins reached their ears....

Somebody send them an email, surely they'll decide to accept them.

Does anyone remember what Saddam announced just a few months before being invaded from the democratic USA?
They would have started to sell their oil in Euros.

(think about the power you have owning the currency that anyone wants only to buy oil)

Secondly, we don't need a super super billion dollar economy crashing in the 100M dollar economy of bitcoin, thank you.

Btw: bitcoin will begin to go mainstream in 50 days from now. I will bet my money on that.

What you basically say is, that the only mainstream currency is the USD, which, i think, is kinda wrong.
Bitcoin is more than just a currency though, it's also a payment system.

There's no way we can convince/force OPEC to accept bitcoins,
Saddam tried to sell his oil for EUR once and we all know what happened to him.

But you know what? We don't have to, all they need is a BitPay account.  ;)

And Libya also wanted to sell oil for gold dinars, or what the hell was the name of the currency. Gadafi was killed in a snap.
Don't mess with the FED and their OPEC monopoly, because you'll get hurt...

I just sent twelve emails but havent heard back yet so im gonna send a bunch more in a few minutes and tell you guys if they say anything and then you guys can tell me what to say back and then were all gonna be rich as fuck or famous plus bitcoin is awesome

I think you'd have more luck getting paypal to accept bitcoin than OPEC

they tld me that they will look into it and then i told them about bitpay and they didnt get it??? But bit-pay its so easy y would u not have bit-pay!!!!!!!!! They just told me to buzz off.

Hehehehe I like your ambition... but honestly the announcement from OPEC that they're switching to BTC will be waaayyy past the time when Bitcoin has already revolutionized global finance. All the benefits of a Bitcoin world will occur before organizations like OPEC touch it. They'll be among the last, and it would be silly for us to focus any energy at all on such a campaign.

There could be other reasons also...He had all the inhabintants as slaves you know.

China started trading oil in yuan. America did not attack them and nothing happened.

China is too big and powerful for the US to attack them. Not to mention that US depends financially on China buying US debts and US buying Chinese goods.

That you know of.  You are nuts if you don't think Iran factors into this. I think this is HUGE WWIII type of stuff playing out.
http://etfdailynews.com/2012/10/09/china-russia-and-the-end-of-the-petrodollar/

US could simply print as much money as needed to repay their own debt.

Isn't that funny?

US uses its military to 'repay' its debt. It's like the analogy of debt collectors avoiding the mafia bosses.

OPEC lol. Yea cos the middle east is at the cutting edge of world innovation right..

OPEC takes BTC

The next move would be for the US to build a 1,000 PH mining rig.  :-)

If you guys stop acting like evangelicals then we won't even need to say anything to get people to accept Bitcoin, taxes and government debt will bring them to us all by itself and it's already working because people are looking for alternatives.

+1, I've seen it happen too many times already, because bitcoin IS an alternative

OMG, OPEC LOL ? I hope OP is seriously not serious. This better be trolling.

http://forum.gaijinpot.com/attachment.php?attachmentid=13701&stc=1&d=1286548757

Or to put in perspective, if the average deal size far exceeds the market cap of BTC, even the most courageous oil dealers wouldn't touch BTC with a 100 feet pole. If you settle a 1million dollar deal, you move the market by 100%. How on earth would you settle an 1 billion dollar deal?

We are still at a point where nobody expecting daily turnover of more than $100k would feel comfortable using BTC. Exchanges are an exception as they are 100% independent of the volatility. In fact volatility brings them business.

This is the reason why we have to go from low turnover to higher turnover gradually.

Huh? It's going mainstream since almost 4 years and will continue to do so for a long while before any serious news outlet will ask "Is BTC mainstream?".

Wired begs to differ.

http://www.wired.com/gadgetlab/2012/12/wired-tired-expired/?pid=4182&viewall=true

Finite resource is finite.
Oil (like all non-renewable resources) stands no chance as a future source of energy.
Oil consumption is (nessesarily) going down, it will never be cheap again.

What will be left of the market will not be enough to give OPEC a serious means of power.

OPEC is a stupid goal for bitcoin...

And you form an opinion based on what Wired tells you?
I mean, these people have found out that you can search the internet for music in 2012. Are you kidding me? I've been doing that for nore than a decade now.

I don't. The mainstream does.

With any luck, we won't be using oil by that stage, either.

Who?

With any luck, bitcoin reaches mainstream before we run out of oil (aka before the majority of cars runs on other fuels).

Better still, Russia (And I guess they have already hacked many BTC exchanges, which showed their great interest...)

Heh.  You do know that cars don't operate by tipping gasoline into a black hole, right?  All of the atoms are still here, so we can create as much gasoline and other hydrocarbon products as we want, at will.  However, right now, it is cheaper to pump it out of the ground than it is to sieve carbon and hydrogen out of the atmosphere and crack up so they can form long chains.

Oil is totally 100% renewable.  It is only "cheap oil" that is non-renewable.

At any rate, the "unit of account for oil sales gives dollars value" theory repeated by the OP is nonsense, and has been nonsense for decades now.  No one is holding dollars against their will for oil purchases or oil sales, at least not for more than a couple hundred milliseconds.  Google FOREX (http://www.google.com/search?hl=en&q=forex).

Ftfy

This way you could say that everything is renewable. It makes the word renewable completely meaningless.
You could smash an atom and 'renew' it by fusion.

This is not what renewable means in this context tho.
I was talking about renewable energy.
The oil is just a natural carrier for sun energy.
And we use much more of this sun-energy-stored-in-oil than the sun could ever replenish.
Hence, the oil (carrying the energy) must run out.

We already used up more than half the available crude oil in about 100 years and oil consumption is still rising.
But that was also the easy-to-get part and now the rest needs to be fraked etc and is getting more and more expensive.

To make oil from it's ingredients as you suggest you need more energy (the stuff we actually want) then you would get out by burning the oil.
So we cannot make it ourself. Oil is actually countless sun-hours of energy stored in the ground.
It cannot be re-created (in fact, not even close) in the same time that we use it up and it would cost energy we don't have.
Carbon doesn't form long chains in the atmosphere. Fat chance you can fish in the air for polymers.

So really, from our perspective crude oil is a pretty much completely non-renewable resource...

??? Malware? What about the countless malware that is already out there and has been since the dawn of the internet that steals personal information, passwords, takes over your computer etc. etc. Black market? I dont see how thats doing anything except for growing the bitcoin economy.. legal amguities and the man..? what the fuck is that even supposed to mean? And who the fuck gives a shit about facebook stock?

Fucking LOL!  :D

You may think it's funny, but I just called the 4300 number for S & G and the lady on the other end answered with, "Hello, Bruno K........ Hope I pronounced that correctly. How can we be of assistance to you today?" Click!

Then the entity called me, but I didn't answer, so they left a message which started with, "Hello, Phinnaeus Gage. It seems we got discounted..."

The call spooked me enough that I'm goin' to purchase me one of them bags like below and start living in the woods.

http://a3.zassets.com/images/z/1/2/9/4/5/8/1294582-p-MULTIVIEW.jpg

Before I retire with the bears, does anybody want to buy a dozen pairs of Bitcoin orange Stilettos, size 13?

I would like to take you up on that. PM me to discuss a bet.

We have enough nightmare stories about gambling on this forum already don't make it worse lol! :P

i think the 50 day thing refers to when the main payment processors have a released debit card system ....? allowing for easy btc/fiat conversion for merchants without having to grasp the complexities of cryptography

+1 This^

tic tac ....

http://www.gulf-times.com/eco.-bus.%20news/256/details/398622/kuwait-finance-firm-suggests-trading-oil-in-bitcoins

wait the "bank run" of your account ... and you see bitcoin in a other way (bulgaria landcast)

This will happen regardless of whether or not we're "behaving like evangelicals". The two things have absolutely no connection whatsoever.

The dollar was a dead thing walking (https://www.youtube.com/watch?v=dQdmsL147j0) long before Bitcoin came along, by the way. The dollar is the sinking Titanic on which we were all trapped. Satoshi came along with a ferry full of life rafts, the smartest people are now jumping on the rafts.

Funny thing about the Dollar-Titanic... It's so damn massive that most folks cannot even tell that it's sinking until they're off the ship, and their life raft has traveled a far enough distance to see it clearly...

Similar problem with capitalism, writ large(r).

So... what u dreamt almost a year and half ago is gonna be reality ?

no. i think its a first step.


... so 1.5 years more to come .... ->  BOOOOOOOOM

What we really ought to do is, instead of trying to get the big retailers to notice us, simply focus on using Bitcoin to buy and sell things that we already have. As they say, one man's junk is another man's treasure. In fact, I was just about to see if Wordpress has a plugin that would kinda turn my Woocommerce plugin into a kind of flea market.

Where we're going... we don't need oil.  8)

Are you talking about solar power or nuclear power ?

Too true (https://www.youtube.com/watch?v=YhEs9KUQ4qo).

I was primarily paraphrasing a movie, though not Event Horizon ;)

Secondarily, about solar, nuclear, wind and wave power, and so on. We will run out of oil sooner or later, let the old money fight for it with their debt-based dollars, while a new generation moves on to a brighter future.

Good one. And I heard someplace that we're going to be out of oil in a few decades anyway. Which to me is a case for coming up with an alternative for gasoline for our cars, am I right?