Add an option: Media coverage due to Bitcoinica debacle.
Done. You may recast your votes! |
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It's like gold (limited supply, essentially impossible to fake),
but better (can be sent instantly, directly, and securely anywhere in the world, easily divisible, easier to store, equally available to anyone willing to "mine" it),
and in one way worse (not widely adopted yet).
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Thanks to all who commented so far. Lots of idea were thrown around, from "don't waste your time" to puzzles to geocashing. I'll get to it this weekend, most likely with a simple QR code, brief explanations, and pointers to a few Web sites.
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Every time exchange rate rises I take out my calculator and and multiply amount of bitcoins I have, feels good  Let me break the news for you: it's only numbers on your calculator. Unless you sell your coins, you've got zero dollars/euros/dinars/whatever. |
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This move up is very interestingly controlled.
No crazy price swings...just slow grinding.
Switch the chart to H4 on http://bitcoin.clarkmoody.com/. Now look at the orange and blue line in the chart. Almost a perfect straight line since 10+ days. This is not some random buying. Obviously it is Mr. Dotcom's bot buying slowly. |
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3. Make sure they know they have to spend them before someone else and not use that address further. It'll be a counterproductive if they imported that key into a wallet and let it sit such that someday more of their own money ends up on that address and someone else with the key steals it.
I'll ask that you make this very obvious. For instance, use one of those "tear off" strips that people write phone numbers on, or have some scratch-off Bitcoin bills specially made up. We really don't need people to think you're Bitcoins can disappear on you! This is a good point, I'll definitely take it into account. On the other hand, I think it's fine if they realize that simply the coins are gone as someone has taken them already. No scratch-off stuff. |
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Maybe it took 2 years for the bureaucracy to decide that Bitcoin was ok for them to comment on or publish about. That could be a good sign. Or it's part of a new ramping up of disinformation against Bitcoin.
NIST is about as close as you can get to a "friendly government" in the US. Their findings are of course in the public domain, but also - unlike many other agencies - in most cases directly applicable to real life. Unless new information emerges soon, I'd call this a good sign, even if it's slow and confusing in some ways. |
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IBM Reaearch in recent years serves mostly PR function. A typical example of science hype is their "centipede" memory vaporware.
Stacking wafers certainly increases packaging density compared to PCBs. Their press release misleads readers that this somehow menas lower power, whereas in reality all it means is more cooling problems, and thereby the need for lower power. So, they word the problem in a positive way.
Stacking is not a new idea. Lots of research and real devices exist. Microfluidic cooling - evaporative or even with liquid metal alloys (eGaIn) - is not a new idea, lots of published research on that topic.
IBM simply announced in a bombastic tone that they will try and build upon this. Chances are, nothing will come out of it except for some stock price manipulation. Once in a while something real actually comes out of it, but in this case it wouldn't be anything revolutionary.
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Hm... I was thinking, should someone of us inquiry about the details about their 'software program' to see what methods they've actually used (unless it's already in the open), to further embarass them when we see their program is basically useless ?
to me, the entire presentation was just a lot of mumbo jambo..
I felt sorry about idiots paying those lazy, incompetent, self-proclaimed experts money for their services. Judging by the quality of this presentation, it's essentially a scam. |
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Good catch, julz. I have mixed feelings about this, but currently lean towards "great!" - essentially, a US government agency is recommending Bitcoin users to upgrade to the latest clients.
Bitcoin is listed there with the likes of Cisco. I like.
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Oh god, not the "promotion by disposal" nonsense again...
WHY??? You would do more to promote Bitcoin by sticky-taping $5 notes all over the place and show everyone how worthless and unwanted that currency is.
If you really must push the Bitcoin name onto noobs who probably don't even want to know, then write "Sick of this? Use bitcoin" (or something similar) on every piece of paper currency you can find.
I've been doing that for months now. "Bitcoin is better." This time I'd like to motivate those interested to actually try it out, but devil is in the details. That is why I started this thread to get specific ideas on how to make the process friendly and interesting for the non-initiated. Would you please give it a shot? |
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Bump we hit 12 again  pirateat40? Totally, he's using all those coins to buy bitcoins............. nope, to sell at peak and by them back at a cheaper price. EDIT: peak 12.00 -> sell coins --> by them back at 11.85 --> peak 12.10 -> sell coins -> by them back at 11.95 -> peak 12.35 and so on... would call it "surfing the wave" Seeing how the big player(s) were obsessed with 6.66 not long ago, I predict they will show the same obsession with 13. |
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I also got something for Adam.  Hrm, Adam has got dollars, the guys on the train has got nothing until they sell. |
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I found out that "any lossless compression algorithm, provided it makes some inputs smaller (as the name compression suggests), will also make some other inputs larger."
It all makes perfect sense in hindsight, with the pigeonhole principle, etc.
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If the contract is short term (under a year), the Mt. Gox BTC/USD market will probably still have plurality over other markets but just to cover the bases, the language might want to say something like the closing price from the BTC/USD market with the largest volume on that day.
I would be nervous with the "largest volume on that day" in the light of record volume (and price) on btc-e during the recent hack. How about the price at a given UTC time and day from the market with the largest volume over preceeding X days? I'd go with X=7. |
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I am going to print out paper wallets worth few bucks each and post them on bulletin boards on campus. Please share any specific ideas. Currently I'm planning to write something along the lines of:
=====
Free Money
This barcode contains bitcoins: decentralized, open-source digital currency.
First come first serve.
=====
What other information would be useful? A list of mobile and online wallets? Exchanges?
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It's worth noting that donations can also be done via one-time address generated by their irc bot. We have no idea how much has been donated - surely much more than what's in the public address.
I like what they do, even if they are "controlled opposition".
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Anyone attemting to get him in trouble over this would be also legitimizing bitcoin as a currency.
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