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Title: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 02:27:57 PM Well, I'm shocked that this hasn't been bigger news on the speculation forum, and I was hoping the price would drop a little before I brought it up, but Startup Engineering, a major online and on campus course run by Stanford University yes , the same one where all the kids got rich making facebook apps is running a course on how to build a Startup from the ground up.
And guess what the major project is? A Bitcoin based Crowd Funding site!!! Think about it over 140,000 highly motivated independent entrepreneurs are learning how to build apps for bitcoin! Granted 90% will probably drop out, or have no interest in bitcoin.... But what about the remaining 10%?? 10% of 100k is still 14,000 entrepreneurs. Even if only 90% of those are failures or move onto better things This still leaves 1,400 of the most capable people on earth who are now building new things for bitcoin. An amazing number. At the very least we'll get a new crowdfunding site out of it that will trump anything out there at present. At best we could see a whole new bubble of innovation get spawned from this. Not to mention the crowdfunding site in itself will spawn innovation. I'm cancelling my sell orders. It's only up up up from here! http://startup.stanford.edu/ Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: naphto on July 04, 2013, 02:38:34 PM Yes, I will buy all bitcoins I can now, thank you for that thread.
By tomorrow the price will be over 9k :) Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: btceic on July 04, 2013, 02:50:51 PM I am looking at the link that you provided and I do not see anything related to bitcoin or the project that you mentioned, can you provide a better link or where you saw that information?
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: JimboToronto on July 04, 2013, 02:52:57 PM This still leaves 1,400 of the most capable people on earth who are now building new things for bitcoin. New things that are still months or years from fruition. Yes, Bitcoin will soar again. Just don't expect it to happen overnight. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 02:56:13 PM Yes, I will buy all bitcoins I can now, thank you for that thread. By tomorrow the price will be over 9k :) Haha. Yeah. I know a bit ridiculous ey. Doesn't really matter what you say on here no matter how legit. One thing I've noticed is that very few people if any on this forum actually are big traders so can't really influence the price. You'd hope they'd read it but I guess they get better info from somewhere than the tripe that is posted on here. Anyway my hype aside, I invite people to discuss this on its merits. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 03:00:37 PM I am looking at the link that you provided and I do not see anything related to bitcoin or the project that you mentioned, can you provide a better link or where you saw that information? You might need to sign up for the course. I only know it because I'm doing it. It's the final project developed over the whole course, and students get ranked by BTC raised and social media activity. I think there are even prizes to be won. Homework 3 out at the moment is the first part on building the basics for the site, so things will start ramping up soon. If noone else does ill post more details when I'm back at my PC. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Akka on July 04, 2013, 03:00:52 PM Really interesting news, if true. This could really spark an interesting discussion if you hadn't posted it in the gambling section.
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 03:09:11 PM Really interesting news, if true. This could really spark an interesting discussion if you hadn't posted it in the gambling section. Well don't take my word for it, I'm sure somebody will confirm it or will find some open to the unregistered public info about it. What's this got to do with Gambling section? Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: ElectricMucus on July 04, 2013, 03:13:08 PM How is that even relevant to Bitcoin?
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Akka on July 04, 2013, 03:14:58 PM What's this got to do with Gambling section? I mean: Why you posted this under speculation? If this is true this is indeed very interesting, but not because of the effects it may or may not have on the price. Edit: How is that even relevant to Bitcoin? Do you even read threads before you post? Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: btceic on July 04, 2013, 03:20:24 PM http://www.bandwidthblog.com/2013/06/24/stanfords-startup-engineering-courses-final-project-build-a-bitcoin-powered-crowd-funding-site/
Quote One of the more illustrious tertiary education institutions in the United States now has an interesting course with an interesting final project. The course is called Startup Engineering and according to the lecturers, the motivation behind it is because it’s: “The class we wish we’d had before starting up our co/lab.” The final project to the course entails building a Bitcoin-powered crowd funding site. The syllabus consists of 50% technology whereas the rest is mainly philosophy. It includes some multiple choice philosophy exams as well as programming assignments. Stanford is as the epicentre of Silicon Valley, and the university says that academia teaches you how to solve a problem, but not which problems are valuable to solve. This is what the course is meant to do. http://www.bandwidthblog.com/wp-content/uploads/2013/06/bitc.jpg The final project requires the students to setup a Bitcoin merchant account and feature their own product through Selfstarter, an open-source Kickstarter clone. Bitcoin is an open-source digital currency, and its uses seem endless. Its value can be very volatile though (check out our in-depth analysis here, where we look at its value as a currency and its use as a commodity). Some South African companies have also taken to the platform to receive payments. https://spark-public.s3.amazonaws.com/startup/lecture_slides/lecture0-v3-logistics.pdf (https://spark-public.s3.amazonaws.com/startup/lecture_slides/lecture0-v3-logistics.pdf) Final Project: Bitcoin Selfstarter ● 100,000+ final projects present unique problems ○ Rank/score automatically, yet allow creativity ○ Enrich beginners, but challenge advanced students ○ Complete within relatively short course period, but simulate as much of startup founding process as possible ● After much deliberation... ○ Selfstarter is an open-source Kickstarter clone (1, 2, 3, 4) ○ Allows non-dilutive crowdfunding via pre-orders of product, as opposed to dilutive crowdfunding via equity sale ○ Bitcoin is an open-source digital currency (1, 2, 3, 4) ○ Allows anyone to set up a merchant account and accept payments from anywhere in the world ○ Final project = your node.js version of Selfstarter + sharing + Bitcoin + [your product] Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: ElectricMucus on July 04, 2013, 03:29:08 PM How is that even relevant to Bitcoin? Do you even read threads before you post? Most of the time. If OP had linked the blog in above post I wouldn't had complained. edit: And where is the 140,000 number coming from? edit2: I suspect it's OPs ass... ::) Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 03:51:30 PM How is that even relevant to Bitcoin? Do you even read threads before you post? Most of the time. If OP had linked the blog in above post I wouldn't had complained. edit: And where is the 140,000 number coming from? edit2: I suspect it's OPs ass... ::) I am taking the course. It's in the course announcements. The homework deadline was delayed because another 15k students signed up. Around that time afaik the course already was running at around 120-130k enrolments. Hence 140k. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 03:53:57 PM And thanks to btceic for finding and posting that. :)
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Kazu on July 04, 2013, 04:02:11 PM Its not going to make a huge difference IMO, but its just one more way people are actually using Bitcoin as a currency, which is always nice.
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Nikolaj06 on July 04, 2013, 04:04:49 PM Are you sure it's one project each person? I'd think that work like this is often done in 3-4 man groups? But still, this seems huge THAT many people getting a very good understanding of bitcoin over a relative short period, who are most likely from many corners of the country/world... This may just be the cause of the "next leg up" in a year or so ! :D
4 digits, hell yeah! Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: BitChick on July 04, 2013, 04:09:55 PM Are you sure it's one project each person? I'd think that work like this is often done in 3-4 man groups? But still, this seems huge THAT many people getting a very good understanding of bitcoin over a relative short period, who are most likely from many corners of the country/world... This may just be the cause of the "next leg up" in a year or so ! :D 4 digits, hell yeah! Yes this is great news! :) Stanford is so impressive when it comes to being on the front end of leading technology. Glad they are seeing the huge potential and embracing it and helping to bump it up to the next level! Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: BitChick on July 04, 2013, 04:10:42 PM Also, having Stanford's help only brings more legitimacy to BTC! :)
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: ElectricMucus on July 04, 2013, 04:47:38 PM How is that even relevant to Bitcoin? Do you even read threads before you post? Most of the time. If OP had linked the blog in above post I wouldn't had complained. edit: And where is the 140,000 number coming from? edit2: I suspect it's OPs ass... ::) I am taking the course. It's in the course announcements. The homework deadline was delayed because another 15k students signed up. Around that time afaik the course already was running at around 120-130k enrolments. Hence 140k. Eww, don't show me that. hint: Your freaking ass. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: niothor on July 04, 2013, 04:52:56 PM http://www.thebitcoinchannel.com/archives/13192
hmm , hmm hmm Stanford just released their Startup Engineering class on Coursera. One of the final projects is a Bitcoin Selfstarter crowdfunding site! Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Akka on July 04, 2013, 05:02:16 PM http://www.thebitcoinchannel.com/archives/13192 hmm , hmm hmm Stanford just released their Startup Engineering class on Coursera. One of the final projects is a Bitcoin Selfstarter crowdfunding site! LOL Well, that's sound more believable. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Malawi on July 04, 2013, 05:17:08 PM http://www.thebitcoinchannel.com/archives/13192 hmm , hmm hmm Stanford just released their Startup Engineering class on Coursera. One of the final projects is a Bitcoin Selfstarter crowdfunding site! Makes sense, there is not room for 100's of BTC crowdfunding sites. If this is bullish news, its mainly about that many people learn about BTC rather than the end products ATM. In the real world they might be converted to fiat-projects. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 04, 2013, 11:59:47 PM http://www.thebitcoinchannel.com/archives/13192 hmm , hmm hmm Stanford just released their Startup Engineering class on Coursera. One of the final projects is a Bitcoin Selfstarter crowdfunding site! Makes sense, there is not room for 100's of BTC crowdfunding sites. If this is bullish news, its mainly about that many people learn about BTC rather than the end products ATM. In the real world they might be converted to fiat-projects. Hey guys, like I said. I am actually taking the course, and I can tell you that every student has to do that project. I think you guys are misinterpreting what is meant by one in that sentence, because if you click on the link there is a screenshot of the course logistics slide and you can see that the final project is a bitcoin self-starter. Every student will be doing the same thing. You're 100% right, there isn't enough room for 100's of BTC crowdfunding sites, but that's not the point of the course. The point of the course is to be able to build one, and then promote it in the real world. It's a competition to see who does best, in reality most startups do fail. But startups are all about failing fast, and failing cheap. As far the 3-4 man groups goes, the lecturer stressed in one of the lectures that he'd prefer that people work individually. Although I think some collaboration is allowed not sure yet. Anyway feel free to believe me or not. If you go enroll in the primary source (the course) you can see exactly what is going on. Hopefully, I can count on you guys will help me with my own crowdfunding site when the time is right :) Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: chriswilmer on July 05, 2013, 12:09:03 AM That's super cool. A close friend of mine is taking that course and told me about the bitcoin component of it already, but thanks for bringing this up. Exciting times ahead!
Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Luckybit on July 05, 2013, 02:37:38 AM Well, I'm shocked that this hasn't been bigger news on the speculation forum, and I was hoping the price would drop a little before I brought it up, but Startup Engineering, a major online and on campus course run by Stanford University yes , the same one where all the kids got rich making facebook apps is running a course on how to build a Startup from the ground up. And guess what the major project is? A Bitcoin based Crowd Funding site!!! Think about it over 140,000 highly motivated independent entrepreneurs are learning how to build apps for bitcoin! Granted 90% will probably drop out, or have no interest in bitcoin.... But what about the remaining 10%?? 10% of 100k is still 14,000 entrepreneurs. Even if only 90% of those are failures or move onto better things This still leaves 1,400 of the most capable people on earth who are now building new things for bitcoin. An amazing number. At the very least we'll get a new crowdfunding site out of it that will trump anything out there at present. At best we could see a whole new bubble of innovation get spawned from this. Not to mention the crowdfunding site in itself will spawn innovation. I'm cancelling my sell orders. It's only up up up from here! http://startup.stanford.edu/ Bring this program to other colleges. Contact your professors. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: BitChick on July 05, 2013, 04:20:46 AM According to the link in the OP the final project was due in March. Was it delayed? Or is it just the online course that is later? It looks like when I click "Online" it has a June 17th start. I am just curious. Thanks.
http://startup.stanford.edu/ Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Ares on July 05, 2013, 06:02:22 AM lol tough crowd.
Thank Massive, I remembered hearing something about this but it certainly deserved its own thread. However, I would suggest making a clone in the Bitcoin Discussion forum or asking a mod to move it there. Too many trolls in the speculation zoo Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: Kaiji on July 05, 2013, 11:26:22 AM More innovation involving bitcoins is just what we need. I can't wait to see what comes about from this. Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: massivebitman on July 05, 2013, 03:10:54 PM More innovation involving bitcoins is just what we need. I can't wait to see what comes about from this. Yeah me too. Bitcoin has so much untapped potential. I wish I didn't have to work and could spend all my time building BTC apps. Got some great ideas Title: Re: 140,000 New startups to use bitcoin due to Stanford Uni! Post by: ElectricMucus on July 05, 2013, 03:58:16 PM Bitcoin has no potential yet to be exploited, it's leached dry.
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