Bitcoin Forum

I made a Facebook event called "Bitcoin day" on Facebook for April 15th, and the price went up that day. I am not sure if it happened because of that, but people were posting about Bitcoin on Facebook, Twitter, YouTube, etc.

So... Let's get Bitcoin moving again. Everyone, post links to exchanges on ALL your social media pages.

Bitcoin is not a company, WE ARE THE COMMERCIALS, if we do not advertise for it, it will die.

And if anyone wants to know how Jesus walked on water, here ya go
https://bitcointalk.org/index.php?topic=583037.0

Also, let's get Bill O'Reilly to talk about Bitcoin
https://bitcointalk.org/index.php?topic=564024.0

And if you want to be able to use Bitcoins at the mall, here ya go.
https://bitcointalk.org/index.php?topic=367469.0

It will not die ... :P heh... and I am sure Bitcoin has a lot of commercials around Interweb.

people are talking about bitcoin everyday over the all Interweb.

And I respect your support! :) who knows, maybe your action made some +% :D
hehe :)  I must say I do not really think so. :) How many viewers you have? :)

Not like tomorrow, but eventually. We have to talk about it everywhere.

I had like 200 people on the event, and gave them all 30 ways to spread the word.

If anyone is a member of another forum, you should make a thread called "Bitcoin is not dead"

You're right.  Word of mouth is very powerful form of advertising.

Bitcoin was never dead and will be not.

I love the way that you support Bitcoin! Looking forward to see more of those kind of actions! :)

Good luck! Regards.

It's almost at $500, thanks for the support everyone, keep spreading the word.

Also, go on twitter and search #Bitcoin and do some retweets.

Bitcoin is not a fucking softdrink.  It will grow because it is godmoney.  We dont need to trick people or coerce them.  Get your head out of your ass.  This is not sone coke vs pepsi bullshit.

People need bitcoin because tge financial system is going into the toilet and is a cesspool of fraud.  The masses need bitcoin more than bitcoin needs the masses.  Let evolution happen.

The Cambrian revolution didnt need a fuckibg advertisement

Do the humpty hump
https://www.youtube.com/watch?v=cj9_yW8tZxs

It is not "God money" it is only as topical as the users make it.

I want to fix the price.


I have come up with the idea of a self-regulated p2p Bitcoin/USD exchange, based on a decentralized Peer-review-registration of companies. This can revolutionize cryptocurrencies.

I write this to you, because there is an idea you haven't thought of. And Bitcoin is waiting for it, trust me. I don't have the skills to carry this out myself, so therefore I'm putting this out for everyone to see, cause I know someone out there has the skills.

It will take only one credible company to get together with some BitcoinDevs to work out the initial plan and be the first self-registered company. Then they will just have to accept another company and give them "access" to a frozen shareholder-DNS-coin wallet, encoded into itself so to speak (cause it also has to be the exchange), that can't be deposited, withdrawed or traded, in order for the new company to be a part of the exchange. It has to be based on mutual trust, like some sort of decentralized association.

To begin with, it will of course be centralized, as there can be only one creator - just like with Bitcoin and Satoshi. He owned it before release, but now it's ours - as it's p2p based, it's practically decentralized when there's more than one owner.

This, I imagine, can be done by setting up an additional 100% premined shareholder-coin with DNS function, and make the DNS the exchange and lock the coins into itself within the exchange. Furthermore making it self-regulating, automatically dividing the coins among the number of peer-review-registered companies, but on locked wallets on the site that no one can ever touch, so that it can and will only be used as a tool for dividing the ownership/rights/ability to use the exchange after the peer-reviewed-registration.

The shareholder-coins will even break the law of supply and demand, cause there's nothing to speculate in, not even for the first company - they can never cash them out. It shall only remain as some sort of a frozen share, coded into the website. So it's literally nothing worth, other than the proof of positive peer-review and therefore ability to use the exchange.

It needs to be automatically able to divide itself by the number of companies registered. So if two becomes three, then the two that before owned 50% each, will now own 33,33% each, as well as the new company will, and when a fourth company comes along they all own a share of 25% of the DNS-coins and so forth.

And for price stability so that Bitcoin becomes more attractive for new companies, you could allow only a xx.x % of the actual market cap or coins circulating the exchange to be exchanged by the same user every xx minutes/hours/days, automatically adjusted to the companies individual turnovers etc. in order to prevent huge sell-offs or buy-ins which will result in great fluctuations.

I'm no mathemathical genius, nor am I genius of any other kind. But this seems pretty logical to me. There has to be a not too intricate formula that can deal with this.

That will be a great way to bring the voices of Bitcoin together and form a strong alliance of Bitcoin-accepting companies. It might also be a wake-up call for some banks to start accepting money from the exchange.

Their turnovers will of course be different from one another, and that's why I suggest some sort of equation that might include factors such as individual flexible turnover percentages and furthermore give them trading periods - some companies then trade during odd hours and others during even hours, so that big companies can't make big sell-offs and hurt small companies.

Remember, a such exchange is not meant for speculation, but only for making a safe environment for the coin, so the companies that use them has a narrow space where they can concentrate their exchanging BTC for USD - albeit they have to be a bit more patient, but it's not like they can't cash out to pay their bills or anything, it's just a more regulated market - a self-regulated market. If an unfair banker can do it, a fair code can also. Bitcoin has proven that.

It won't affect the amount of goods or services that the customers can buy, cause if all the turnovers of the companies rise, the DNS-market will self-adjust and the companies will be able to sell more in accordance with their exchange-level, the system will put them on higher levels.

I imagine some sort of a level-system (a mathematic equation) that automatically categorizes companies and equalizes itself all the time, leaving room for a certain predetermined margin between buys and sells, without retarding the overall trade too much, but just making it more stable.

But also can it balance the market out by simply matching one big company vs. a lot of small companies, constantly. Because all the small companies are much less likely to sell out. And not only that. A company will only be allowed to sell a certain percentage of their turnover within a certain timeframe, and bigger companies need to have a lower sell-percentage, cause they have more money.

The exchange will work like a public bank - And a "bankrun" i.e. collapse, is almost impossible, and in case of it happening, it will be a slow one.

Imagine if you could smoothen out the market fluctutations so it looks more like the MA instead of what the candles look like - earthquakes. And those earthquakes are scary for companies of all kinds, even with a fast exchangeability. Bitcoin will most likely end up on a neverending, smooth uptrend, because as more people see the idea and set up new exchanges, they will push the market capital slowly but steadily.

But since it is Peer-reviewed the companies that start adopting the system most likely won't allow big whales (in comparison to themselves) to come and flood the market to begin with. So the price regulation might not even be necessary in the first place - they will most likely auto-categorize themselves.

I think all companies will find their matching exchanges. And I can easily see a whole cooperating system of exchanges, dividing companies into the sections where they belong, in regard of size and if they have too much turnover for the smaller exchanges, then their funds will slowly be transferred to an exchange with bigger companies, matching them. Much like sports leagues and poker rooms.  

And all that has to be able to level itself, so that the multiple exchanges are working like one big exchange. The prices will have to be regulated by a single DNS-coin system, so no matter what, the coins on all exchanges will be worth more or less the same.

It's sort of a fluctuation-brake. The best I can think of. And it's much, much more than that. I see a huge potential here. Not only for Bitcoin, but for all coins. It will also decrease the competition between the already existing cryptocurrencies. They will have each one of their communities to grow and evolve, regardless of other coins.

A company has to slowly adopt Bitcoins or any other coin in this manner, as it by the rules can't just buy a big amount on the exchanges, so this is the key to a successful worldwide cryptocurrency adoption.

It wil take time to implement, but I can only see it happen in the long run.

=KushMasterJames=

the OP thinks that he is the cause of the price rise. it was the fact that the china deadline passed and nothing changed, thus the doomsday scenarios egotists like the OP waffle about were meaningless and confidence was restored. so stop making doomsday comments that have nothing to back it up with, which simply do the opposite of bringing confidence to bitcoin. which strangely you want also.

kind of hypocritical, to want consumer confidence whilst shouting its going to die..... think smarter and more rational before making comments.

the OP thinks that without him bitcoin wont live.. bitcoin will live on far past the days where the OP has died of old age

Damn the ego of some people

BITCOIN the protocol will not die. however the price value can drop.. this does not mean bitcoin is dying or in a coma or has cancer. BITCOIN cannot die, only the attitudes of egotistical people that only care about FIAT profits will and can die.

you egomaniacs need to get your emotions under control. because its emotional people that think of bitcoin death scenarios that are the ones that panic sell at the slightest media story.

get your emotions out of bitcoin trading and think logically and maturely about your investments.

bitcoin does not need an onslaught of noob FIAT investors that will tank the price at the simplest scare stories that passes their eyes. so please do not try advertising bitcoin as a get quick rich scheme to naive investors that will want to cash out at a moments notice, purely to pay their rent.

what bitcoin needs is to create retail businesses, services and auction sites, get games to accept bitcoin. be creative and start offering employment in bitcoin.

main streaming is not about how many consumers buy 0.001btc you can coax. its about making bitcoin and its related industry into something that makes people realize how much better bitcoin is.

i feel like too many people here do not promote bitcoin for its actual features and benefits, but try coaxing people across due to financial gains.

remember these things when talking about bitcoin to noobs:
1. dont talk about bitcoin mining as something profitable noobs should do.. its far passed the noob game now. even people in the gold market do not tell everyone to go out and buy excavators or dynamite, its just not practical for average joe these days.
2. dont just talk about the wonders of a volitile market where higher % profits can be achieved compared to fiat banks. alot of average joes have never boght stocks or forex traded so forcing them onto a trading platform will make them panic at the slightest drop
3. DO talk to them about the safety of a properly stored private key that is not saved on their computer. how having a safe private key offline is a better way to store value, compared to a username and password for a online bank.
4. in combination with point 3 inform them of the ease to hold value that is not as heavy as gold, not as fragile as antiques and not as vulnerable as FIAT.
5. talk about trust funds (hoarding) coin for their childrens college days, talk about employment options and the ease of starting online shops without expensive FIAT debit card processing subscriptions and fee's, them them about auctioning their household goods without worrying about paypal chargebacks.

most of all truly understand who you are talking to and dont baffle them with science or schemes that dont interest them, using the temptation of major profit. instead talk about the true features and benefits of bitcoin.

hopefully that way the panicy sheeple noobs will atleast feel a little more at ease and understand more to make informed decisions, rather then be thrown in the deep end, panicking for their life savings

Another correlation does not equal causation thread.

My favorite part.....

lol. that's almost sig worthy.  :)

LOL

You act like I want credit for something. I am just saying I saw a correlation. And there is another correlation with today's price spike after this thread being made.
In neither case am I claiming to have done anything, I am just pointing out a correlation.

If anyone has an ego, it's the guy that just wrote a book about ego and posted it in a thread about Bitcoin.

Who wants to fix the price?
Why is the price broken?  :D

It's OK to tell people about your enthusiasm for BTC.
If you come on too strong they might think you are "Ponzi recruiting" or inviting them to join a cult.

China just kinda knocked it down a little a few months ago, and it needs to go back up.

Nice little rally this evening ~$470 all the way to $498 ...and now near $490.
The recovery seems to be "taking way too long", but keep in mind the huge high was only a little over 4 months ago.

 
True.

False, Bitcoin will exist at least long enough to absorb the collapse of fiat. We don't need to do anything but wait. What's coming is inevitable, because nations and greedy men have failed to change their behavior.

That's a matter of personal choice.

But iIf everyone thought that way, nothing would get done.
(All it takes for evil men to succeed, is for the good to do nothing.)

There are a lot of people doing great things for Bitcoin everyday.

If you want to sit around and wait, that's your prerogative.
Me, I'd rather be part of the solution.

and...
It wasn't a rally at all, instead we have a fast drop.
Who wants to 'fix' the price now?

We can't just wait. The only reason people are not adopting it is because they don't hear their friends talking about it all the time yet.

It looks like 1 person sold some coins, there will be someone that wants the cheaper coins. THIS is a "just wait" situation.

I am sure that your event could not affect the price, but you're absolutely right that bitcoin needs a very good advertising.

price go down again   :'( feeling uncomfortable

Yes bitcoin could a lot of social attention.

Why would the price be broken? Does anyone even look at the charts? A year ago Bitcoin was worth 4 times less than today.
How exactly is it broken?

Don't be scared because the price went down pretty much today. It's probably because of china news again It will have no effect soon enough, I'm almost sure the price will recover.

We fix the price and its movement every weekday at noontime (UTC+01:00) for the next 24 hours and on fridays for the whole weekend.

It is called the "Berlin Bitcoin Fixing" (just like the London Gold Fixing).

Just pm me if you need the price to go up or down on a certain day!

Joe

I personally am scared shitless.

Because if the price will go down like this for another three to four years I will loose money.

Joe

QFT.

Also, go back to "money" joe.

I was expecting a $10k min entry, group of about 100 people and we'd move the price down buy, up and dump..  This is not price fixing...  

If you want price fixing choose fiat
and lose money year on year due to inflation and hyper inflation

no thanks. I'll stick with crypto

No it won't be going down. Adoption is on the way. The block halving is in 2 years too.

Sorry, I was trying to be ironic but I seem to have failed.

Both my posts on this thread are to be taken as seriously as the op's rather sweet believe that his facebook post has moved the price.

Joe

Bitcoin is awesome!

There I said it... Now lets all monitor the correlation between my statement and the rise back to $1,200.

Tips are accepted.

I also suspect that the $50 drop this morning is not due to the PBOC news, but rather my hangover...

And dont forget to wear one blue sock and one red sock so the Rangers win the Stanley Cup...

Just keep retweeting and make Bitcoin video, that's ALL bitcoin needs from us.

I came in when it was $30, so you're barking up the wrong tree. I understand it was cheaper, but it SHOULD BE more.

I didn't mean fix it like rig it, I meant fix it like make it better.

You came in late then. I should be the King of the World, but I'm not ?
Joke aside. The problem lies in the people who are easily manipulated by the media, and in China. Imagine if China made Bitcoin completely legal.  :D

Good reminder of how things really are going great for BTC.  :)
Also, "fix the price" has a more common meaning...The OP could have used better wording.

I understand that News and Media means everything to Bitcoin, but if people had small communities in their schools, cities and states that used Bitcoin, they would feel safer sticking to it when the price drops.

Correct, and it's improving every month.
Now most of the local growth (places to spend BTC) is in large cities.

I know it's getting better, I'm just saying it won't hurt to share things via social media. And if the price went back to $1000 soon, it would be at the forefront of everyone's attention again.

That is a good idea.
How about a day (similar to your April 15th) in May (promoted here first at bitcointalk.org) where "everyone" shares there excitement about BTC on social media?

You, too, eh?  My wife was not very pleased with me this morning. 

I'm down, I'll share it everywhere and make a Facebook event if no one else is.

What should the exact day of the event be?

Dark Market Clones
https://bitcointalk.org/index.php?topic=584670.0

Mining company wants to fix bitcoin price together with exchanges.

It really just takes time. These types of communities will eventually see the light of the day.

I like this idea and I think I'll do my part and make a few social networking pages of my own to spread the word.  So nice to see people trying to get the word out to others and inform them about BTC.  +1 to the Bitcoin-hotep.

Thanks, hopefully over the next few months things get going good for all markets.

The China runup in Bitcoin only happened because, for a while, buying Bitcoins with yuan was legal, while buying dollars or euros wasn't. The PBOC plugged that hole in their exchange controls. If China relaxes exchange controls (which may happen), then it may be easy to buy Bitcoins in China again, but it will also be easy to buy dollars and euros. So there will be no need for Bitcoin.

The longer the price stays under 100, the more people who will get in "super early", the more equally distributed the future bitcoin economy will be at the post-fiat outset, the healthier that economy will be.

A prolonged low-value fiat exchange rate is healthy for Bitcoin, long term.

You forgot the most important thing.   Buy goods and services using Bitcoin.
Offer goods and/or services for sale using Bitcoin.

Need to sell something / ask for a donation?
Tweet that you're looking to sell X for  Y.Z bitcoins...

That is the risk. I know when I first became excited over BTC I told a number of people and got looks like I was a loon. Now, BTC comes up organically in conversation, I will add my feelings and let people know my experience in mining and holding.

...comes up organically in conversation
I've had at least 3 jobs at locations with large numbers of people, and I (sometimes) miss being exposed to the wide variety of ideas and conversations.

You are around people in the real world who talk about Bitcoin?
That's a great sign....Is it a tech company?

Fix the price is to get people to buy bitcoin- this time around though speculation isn't enough as we already hit the mainstream. My opinion is we need to get it into remittances- that way people are constantly buying bitcoin to send money back to their home countries cheaply and fairly. That will raise the price tremendously, without disadvantage the people buying the bitcoin to move the money (as they own bitcoin only long enough for exchanges to 'move it' from one country to another).

Advertising crypto-currencies is great in concept, and the more technical person can do a bit of research, learn about its opportunities, and join the community with ease, but what about those less technical? In my opinion, a mainstream consumer might not be interested in Crypto currencies simply because they have none, and if someone were to give them some, it'll definitely get them into the community. That's why we now have http://www.lovecrypto.com/, a site where you can send a small gift of crypto-currencies to anyone with an email.