i came up with this after a few hours of work i'm going to order a bunch if you want some (50-150) to hand out to random poeple, i can sell 50 for 5$ of BTC just to cover the shipping fee...
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i will order 1,000 of these
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dose anyone have a good bitcoin pamphlet design?
or can anyone make one?
The Bitcoin Embassy in Montreal will be opening its doors soon and we want to make a splash handing out a lot of pamphlets etc...
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next meet up will be the 3th or 4th of August. I'm going to make a few post asking the community at large to help. I'm sure we can get a really good design for a pamphlet done by the community. as always you can donate to this effort here: 19Rw7tUqTEMfgzxNRP4s2twAECpF3rVyZM
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I just got back from vacation, I drove all the way back from PEI to Montreal, a 12 hour drive + stops ( still feeling hopped up on coffee ) anyway, i'm back so up Up UP! Welcome back. Very wise to stay away from the taverns in Lac Megantic Edit: I am forming a new theory that the 2013 bubble has dissipated and $90-95 is the new medium-term price. Consider that it spent a couple of days there before the peak, during the retrace to 166 and settling now. I think we might be settling lower, but i KNOW we will eventually be go higher. so i'm trading accordingly, and i'm not taking any chances with the coins i have acquired so far, IDK about you rich people but i had to work real fucking hard for them...
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this has to be the biggest BTC denominated deal ever this is a big milestone, kinda like the 10K BTC pizza ( I got a nice BTC payout form this deal, I was holding a few shares... I actually wish i could've held these shares for longer but i can complain! good deal )
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I just got back from vacation, I drove all the way back from PEI to Montreal, a 12 hour drive + stops ( still feeling hopped up on coffee, i switched to beer to calm my nerves ) anyway, i'm back so up Up UP!
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I just got back from vacation, I drove all the way back from PEI to Montreal 12 hour drive + stops ( still feeling hopped up on coffee ) I've quickly read the comments left on the thread but i didn't have a chance to respond. Hullabaloo has some really good ideas, this is pretty much what i was thinking but it helps to have it written down. Anyway, I'm Back! I will try to organize meetup soon
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Price isn't driven by miners, but by traders and commodity speculation as has been amply demonstrated elsewhere.
This. It's obvious that price is not driven by difficulty, but inflation does have an impact on price - at this stage inflation in BTC its non negligible, and its in fact built into the system to pay for the work and costs of mining during the early days of Bitcoin. Thus, looking at growing difficulty and expecting growing price is a fallacy (in fact its the other way around) - but nevertheless Bitcoin is currently inflating at a 12.5% yearly rate, and what miners do with those newly minted coints has inevitably an impact on price. I believe that there will be lots of newly minted coins hitting the exchanges in late 2013, will just wait and see. EDIT: in fewer words, wether miners decide to speculate (holding) or to pay for their fiat costs (selling the coins for good) has inevitably an immediate impact on price. this is like concentrating on only one of your girlfriends butt cheaks, you know very well what the counter argument is. Inflation rate of 12.5%, how is that even a point? That's the fifth year in Bitcoin Survival= even if we assume linear and not exponential spread in bitcoin awareness, that's 20% more people using and storing value in BTC. -7.5% I love this bears latching onto a miners value case- they attribute psychological values wherever they please... when the price rose it was because everyone wanted to buy btc to buy asicminers, but asicminer wasn't selling his btc, even though 'asicminer is running it as a business' like they like to say whenever it suits them. suddenly asicminer and all the miners want to sell all their coins and only if the price dips, which is when they panic and drive the price further. What about last year, when inflation rate was 25%, how come the price went up 1000%... and the year before when it was 40%, why did it go up 1000%? frankly if miners drive price I'm surprised it isn't at -0.1 cent He didn't say difficulty drives price, he said it has a non negligible influence. Your numbers seem to support that. That said, I agree that counting on miners to sell out is a horrible assumption. During the bear market in 2011 supply exceeded demand at a certain point and obviously the exchange rate tanked, and obviously the miners also had their role in that. What I never said is that miners were the ones causing the bear market, the bear market was caused by the bubble pop, and I just think that the same conditions can be met this year. What a lot of rubbish. You haven't seen anything, you're just a bear and you've been jumping on bearish reasonings for ages.
All this aggressivity towards bearish opinions is amusing and quite telling. I'm not "jumping" on anything, I write what I see. If I'm mistaken and the price goes only UP from here, I will be very happy, I guarantee you that. The 2011 bear market was not caused by the bubble pop. I was there, the situation today is profoundly different, you'll have to take my word for it I do not have the time to go in to detail. Its going up to 180 before we see any dumps worth talking about, I have no doubt. Ermmmm I'd be interested in hearing those details.... No time, I'll be back on next week... I will leave you with this Back in 2011, every one thought I was nuts buying more and more as it went down lower and lower... and lower still. They kept telling, ' me its over, it was a scam ' .... LOL People are starting to catch on
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Price isn't driven by miners, but by traders and commodity speculation as has been amply demonstrated elsewhere.
This. It's obvious that price is not driven by difficulty, but inflation does have an impact on price - at this stage inflation in BTC its non negligible, and its in fact built into the system to pay for the work and costs of mining during the early days of Bitcoin. Thus, looking at growing difficulty and expecting growing price is a fallacy (in fact its the other way around) - but nevertheless Bitcoin is currently inflating at a 12.5% yearly rate, and what miners do with those newly minted coints has inevitably an impact on price. I believe that there will be lots of newly minted coins hitting the exchanges in late 2013, will just wait and see. EDIT: in fewer words, wether miners decide to speculate (holding) or to pay for their fiat costs (selling the coins for good) has inevitably an immediate impact on price. this is like concentrating on only one of your girlfriends butt cheaks, you know very well what the counter argument is. Inflation rate of 12.5%, how is that even a point? That's the fifth year in Bitcoin Survival= even if we assume linear and not exponential spread in bitcoin awareness, that's 20% more people using and storing value in BTC. -7.5% I love this bears latching onto a miners value case- they attribute psychological values wherever they please... when the price rose it was because everyone wanted to buy btc to buy asicminers, but asicminer wasn't selling his btc, even though 'asicminer is running it as a business' like they like to say whenever it suits them. suddenly asicminer and all the miners want to sell all their coins and only if the price dips, which is when they panic and drive the price further. What about last year, when inflation rate was 25%, how come the price went up 1000%... and the year before when it was 40%, why did it go up 1000%? frankly if miners drive price I'm surprised it isn't at -0.1 cent He didn't say difficulty drives price, he said it has a non negligible influence. Your numbers seem to support that. That said, I agree that counting on miners to sell out is a horrible assumption. During the bear market in 2011 supply exceeded demand at a certain point and obviously the exchange rate tanked, and obviously the miners also had their role in that. What I never said is that miners were the ones causing the bear market, the bear market was caused by the bubble pop, and I just think that the same conditions can be met this year. What a lot of rubbish. You haven't seen anything, you're just a bear and you've been jumping on bearish reasonings for ages.
All this aggressivity towards bearish opinions is amusing and quite telling. I'm not "jumping" on anything, I write what I see. If I'm mistaken and the price goes only UP from here, I will be very happy, I guarantee you that. The 2011 bear market was not caused by the bubble pop. I was there, the situation today is profoundly different, you'll have to take my word for it I do not have the time to go in to detail. Its going up to 180 before we see any dumps worth talking about, I have no doubt.
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Thank you We will make sure to utailze your forum.
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No news... I think we should try to be a little more organized. We need to setup a todo list or something so even if people cannot show up at a meetup, we can still work on the project on our side. I’d like to make things move faster than this...
once we get rolling it will go good.... I bought a few things i want to see in the store... gave it some thought, at this point we need to sit down discuss various options, and DO IT! we also need to get more local bitcoiners invloed in this project, but like many things bitcoin, its a chicken and egg problem we need more people involved to make it happen, and we need to make it happen to get more people involved we can do it...
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UP!
Agreed, T - 2/17 min. . oh ya it started last night, place your bids i got your back
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if you haven't heard i bought at market rate yesterday, i don't often do that, i just can't help but think it can fly away, i'm very bullish on BTC at this time and for the foreseeable future... i think bitcoin is THE place to be. this happening here and now and i'm glad to be part of it Cheers! Bitcoiners around the world rejoy, The next rounds on me!
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8 years in BTC
1 year "investment" ... lol ok
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OK, bring it down again please no way man i bought at market.... to the MOON! Now I'm confident I'll buy cheap so far so good, now i sleep, dreaming of you know what with you know who you can't see it clearly but that a bitcoin down there lol.. oh god... i need sleep, i'm out of here!
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