Big thanks to whoever chooses the photos for The Daily Dot! Nice to both the Bitcoin and Litecoin keychains used in an article about yesterday's senate hearings. http://www.dailydot.com/politics/jerry-moran-bitcoin-reddit-senate-panel/If you hold Bitcoin or Litecoin, these keychains are getting dramatically cheaper all the time (in BTC or LTC). Original post has all the details for purchasing. |
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Wow, that is fantastic, I feel like a little kid. The first thing I've ever bought with Bitcoin (off my phone!) are some of your specie. Woohoo!! Gonna be Xmas presents for my nieces and nephews. Totally brilliant, and very easy to do. Made up (as we say in the UK)  My first Bitcoin purchase was also from NewLiberty (a New Liberty Dollar), six months ago (which feels like several years in Bitcoin time). |
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I truly appreciate the kinds words. My background is design (mostly for print), but my more recent past was marketing an iDevice accessory I invented. So, using my existing skill-set, I tried to create and market a product I thought was respectful to Bitcoin, and that would appeal to Bitcoiners. I thought a substantial, coin-like keychain with simple retail packaging (with a functional UPC code and all) would be a nice extra touch. I didn't have a sense many were going that extra mile with their Bitcoin products yet.
Selling keychains is hardly a way to get rich, but it is a great way to be involved, experience Bitcoin commerce (retail and wholesale), experiment with merchant service providers like BitPay, and just feel the warm glow of people saying they like the product! Of course, getting paid in an appreciating currency is pretty nice!
Anyway, thanks again. Hope everyone is enjoying their keychains.
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Wow, I'm long Bitcoin, but I really thought that last dip would go lower… I'm blown away by the price strength, I may need to adjust my ladder of limit orders quite a bit higher.
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Lightcoin keychains at Lkeychain.com.
Bitcoin (and Litecoin) accepted!
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Congrats on the new sources for your products! I will send you a message about a possible connection in Asia (it's a long shot, but a possibility).
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Thanks NewLiberty, again for your support. I think our products will be something good for cryptocurrency lovers to give (and receive) for the holidays! I was happy to see a new photo of my Bitcoin Keychain used on PBS.org. http://www.pbs.org/newshour/rundown/2013/10/mans-forgotten-27-bitcoin-investment-yields-886000.htmlThis photo is fairly low-profile, because I tweaked the "curves" in Photoshop, to give the image a different vibe. So most people will probably never connect this photo with the keychains. Regardless, it makes my day to see these keychain images used to represent Bitcoin in various articles. I also love the enormous amount of mainstream attention paid to Bitcoin lately, regarding Silk Road, the Bitcoin ATM in Vancouver, and the huge payoff for someone who took a chance on Bitcoin (as seen at the link above). I wouldn't be surprised if we see a new all-time BTC high in coming weeks, which should bring more mainstream attention and more people.  |
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Your disagreement is noted. The irony of you negatively responding to what you perceived as negative commentary from me is amusing. :-)
The irony you pointed out is accepted, and I'm glad you found some amusement in it. I just know it can sting a bit to put a bunch of time, thought, and money into something, and then after it's done and irreversible, have someone say it should have been different. So I felt a bit protective of these entrepreneurs who I relate to and think are doing good work. But perhaps I'm also a bit over sensitive. |
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"Baidu Is In"? meh. makes it sound like Baidu is a person. "Just BAIDU it!" woulda been way better.  I disagree with both of your statements. But more importantly, they have already made the coins! Your statements do nothing productive, they just seem negative. |
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Ya I would think $170.0005 or something would be better than $170. Else your bid is less likely to be filled if it bottoms out there and you're just part of a larger bid wall.
Agreed. I use numbers like 171.11111 |
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0.00000000000000000000000000000000000001
chance!
Really? Want to bet with those odds? |
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Why do people want to try and call at a bottom? Kinda sucks if you have a BUY 100 BTC @ $150.00 and the lowest tick before heading skyward is $151.23.
If you want a position just use multiple price points.
BUY 20 @ $170.00
BUY 20 @ $165.00
BUY 20 @ $160.00
BUY 20 @ $155.00
BUY 20 @ $150.00
I would hope and expect that everyone has limit orders something like this (I tend to make the BTC amount greater at lower prices). |
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BTCChina is back above $200. Count me as surprised the last little tumble didn't make it to $150 on any of the major exchanges.
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Many people have seen the 2-sided Bitcoin Keychains I made this past July. I now also have 2-sided Litecoin keychains available. More info on Bitcoin Keychains: http://Bkeychain.comMore info on Litecoin Keychains: http://Lkeychain.com |
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Here are some figures based on just a couple of days running the Facebook ads, with spending limits set to $2 each day for each ad (one ad for the USA, and an identical ad for other countries).
The first number is the number of ad impressions. The second is the number of clicks. And the third is the percentage of clicks. The difference is 1-2 orders of magnitude, even larger than I first reported.
USA
Right Column Ad
6,049 2 0.027%
News Feed Ad
16,690 19 0.079%
"The World"
Right Column Ad
3,680 29 0.643%
News Feed Ad
3,397 153 4.349%
Note the "the world" consists of these countries (supposedly the 15 biggest Bitcoin countries, by some metric):
Argentina - Austria - Australia - Brazil - Canada - China - Germany - Spain - Finland - United Kingdom - India - Italy - Netherlands - Russia - Sweden
As a control, I could try to run a non-Bitcoin ad, and see what happens. Maybe some of these 15 countries are click-happy? I don't know.
And that's all the info I have at this time regarding the ads. Note that back in July, when I was selling the keychains myself for BTC (now I use BTCtrinkets.com and BitcoinAnarchy.com for online retails sales), the most non-USA orders came from China.
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At any rate, our think tank estimate is that Bitcoin will reach $2000 in maximum 8 months.
Well that sure would be nice! If that happens, I'll be sure to come back to note and praise the accuracy of your optimistic prediction! |
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I'm not aware of a way to see anything about the competition's ads. Also, I don't sell the keychains directly: I have a couple of online stores that sell them, and I'm not able to keep track of sales precise sales metrics.
If this kind of stuff interests you, create an ad on Facebook (you don't ever have to pay anything if you don't run it), and you can choose different likes for your target audience ("Bitcoin," for example), and choose different countries, and see how large Facebook says the audience is. You can play with different socio-economic parameters (ages, sex, education, etc.) and see how that affects the audience size. I've always thought it to be very interesting.
Anyway, thanks for your responses. I was very surprised by the difference in response percentage. My hunch (no particular reason) is that Bitcoin is much more trendy or "cool" in other countries, so that might be a reason people in countries outside the U.S. took the public action of liking a Bitcoin subject, as well as the private action of clicking the link.
I've advertised an iDevice accessory on Facebook before, and never noticed a huge difference in response between the U.S. and other countries (though it's likely iPads and iPhones were much less prevalent in other countries, for various reasons).
When I have more time I'll dive deeper, and try to look at the particular countries people who respond are from.
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- You may have more ad competition in the US.
- US users are more ad blind.
Second hypothesis doesn't seem very good, but it may be due to ad competition. Are ads similar? Same images? Ads are identical, just the countries the ads are served to are different. And the response I'm noting is based on percentage, not raw numbers: 4% of non-U.S. ad viewers click the link, whereas .4% U.S. ad viewers click the link. |
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I started experimenting with ads for my Bitcoin Keychains on Facebook. I have two identical campaigns: one is just shown to people registered as being in the U.S., and the other ad is served to people in the top 15 Bitcoin countries (other than the U.S.). I was surprised to see literally 10x the clicks and response from from "the world" vs. the U.S.
Anyone want to try to interpret these results?
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