TV advertising is generally the most efficient in terms of the percentage of people who actually pay attention to the advertisement. It is expensive in whole terms because you will need to reach a large number of people in all circumstances.

I think they will most likely rely on word of mouth for their initial growth, just as coinbase did and how most other exchanges have done

I see now that it says on their website that .1 BTC for one share or .001% ownership.

Your post semi implied that you sent .1 to test the investment feature.

Another flaw in the investment feature is that the bankroll will go up and down.  Say for example the bankroll was 10k BTC now and someone invests 1k BTC making the bankroll now 11k BTC, this would mean that you should need .11 BTC to purchase .001% ownership. By offering the price of one share at a static price, they are essentially shorting investors who put money in when the bankroll was smaller.

I don't think that children are making the altcoins, as the devs need to have some level of programming expertise to make and launch an altcoin.

The creators want to at least an appearance of the alt coin having value, although I do agree that they are nothing more then scams

It is not a question as to how much the price of bitcoin is, it is a question of the dollar value of all the bitcoin that is controlled by the exchange. If bitcoin is now trading at $300 but an exchange has 10x as much bitcoin in their control then the exchange would make out better by waiting to gain confidence

I wouldn't say that someone who speculates (someone who makes claims not supported by facts) is a scammer. I think this is much too broad. Even if they are not speculating and trying to pass something as a fact, they could easily simply be wrong or misinformed.

I would consider a scammer to be someone who tries to get money by misleading someone as to the circumstances (usually by having the other person sending money or goods "first")

I don't think that the opening of open brazaar will cause the price of bitcoin to decline. Can you eliberate?

I agree that the site will be full of scammers and there will be little way to police them and little way to make others aware of their scams

Can you post the TXIDs of when you sent money to "invest" (and hopefully the TXID of when you withdrew your profits)? There is a scam accusation that someone purchased a default trust account to backup the purchased account with positive trust. This person is claiming to have invested 360 BTC in the site and if your bitcoin moved to what could be their cold storage then this could be disproved.

Most miners have reached their investment limit when they purchase their machines and are unable to invest more. As a result they have to sell enough bitcoin to pay for their electric costs.

Also it is much more risky to invest in a miner with the intention of using it to buy bitcoin because the difficulty will rise (most likely) and will eventually make it so it costs more electricity then a miner can produce in bitcoin making it rational to stop mining (as the miner could buy on an exchange instead of continuing to mine)

Yes, and the emails are asking you to sign the craziest liberal petitions.

I have signed however I do not think amazon will make a business decision based on a petition (although they may use it to gauge interest)

Why would the difficulty increase if there are less miners on the network? Would the miners left be more efficient and increase their hashrate? Does the luck of the remaining miners go up?

In case you do not know how difficulty works (you don't), every 2016 blocks the network readjusts so that if the hashrate stays where it was on average over the last 2016 blocks, then it would take exactly 14 days to mine an additional 2016 blocks. This has almost always meant an increase in the difficulty in the past, however with 100% luck and a decreasing hashrate then the difficulty would go down

This is probably not true (LOL) however it is a good point that the large stakeholders could potentially all be the same person (or group of people working together) who can potentially attack the network for free.

If it does not cost anything to mine then it does not cost anything to attack the network

This is why PoW is superior to PoS. Since you now need to make some kind of initial investment in miners in order to mine, you have a vested interest in seeing the coin you are mining succeed (since it is all that you can mine with an ASIC).

When you log into your blockchain.info wallet you should manually type in the address into your browser (I would not even use bookmarks) and if your identifier is not prefilled (because of the lack of cookies) then you should copy/paste your identifier into the identifier field to login.

I am not so sure about market manipulation. The life cycle of the value of something like bitcoin is something that economists have likely never seen before as it is essentially the first of it's kind.

I think what we are seeing now is people selling via merchants who would not have otherwise sold. This is resulting in the miners having more of an incentive to sell because their costs are denominated in dollars (electricity).

I think the above will also result in more merchants start to accept bitcoin which will lead to more short term price declines. However over the long term it will lead to more people adapting bitcoin and using it on a regular basis which will cause long term price increases.

I think the OP is implying that exchanges are essentially "naked shorting" bitcoin which is causing the price of bitcoin to fall. The OP is hoping that the price falling will cause more people to trade in a panic, which would cause the price to fall even further.

I personally do not think this is the case as exchanges would need to take on huge risks to do this and each exchange does not have a huge influence over the market so if one exchange was doing this then it would likely not be successful in manipulating the price.

I would disagree. If a sports team can build it's fan base and increase attendance to their games then more people will see advertisements that are sold by the team. When more people see the advertisements then advertisers will pay more.

It is a very complex business and increasing revenue is more complicated then selling a better product

Maybe glen is an alt/sockpuppet of the OP. He seems to be the only one cheering on the OP and who "vouched" for him and claimed to have spoken to other business owners near his business.

Borrowing on BTCJam for this purpose is going to be more expensive and less likely to get funded then borrowing on a site like prosper that lends out fiat (which is what the OP wishes to spend).

It is implied that the mining was done to benefit the owners of BFL. I would not be surprised if the record keeping that they did was less then perfect. (I also suspect that they mined for "their own account" for a lot longer then the 2 days that is alleged in the complaint). If the record keeping was sloppy then they could have easily made it look like their pool was sending mined bitcoin to users of their pool when it really was going to themselves; this would make it easy to hide the ill gotten bitcoin.

If in the owners "personal" possession then both cash and bitcoin could easily be claimed to be the personal property of the owner an to have nothing to do with their ownership of BFL (this is especially true with bitcoin if they has utilized bitcoinfog or some other mixer)

This is not true. And even if they did install a wallet on your computer it would not cause you to own any bitcoin because a wallet is just something that keeps track of your bitcoin not something that you can only have if you own bitcoin.

Just like you can have a traditional wallet that you keep in you pocket without any cash in it, you can have a bitcoin wallet without any bitcoin in it. There is a very good reason as to why you would want this - you would be helping secure the network by relying transactions of other nodes

Forum Name: BTCmoons
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Thanks