the difficulty is important as it makes it harder for someone to manipulate transactions because of the hashes needed to create a block.
but by setting a 1 block per hour limit, will make the difficulty drop. because bitcoin is SUPPOSE to be 10 minutes a block not 60mins per block..

...after months of difficulty drops because there is a change from 6/hour to 1/hour.. many people will think that they can mine using just 1ghash instead of 1petahash..

which is kind of true..

but they are not mining for an hour to get a difficult puzzle solved.. they are mining random/meaningless crap, and then when it hits the hour acceptance time.. it is then 'fastest finger first' lottery. unrelated to a difficult puzzle

the end result is that the difficulty is so low that even if 1 million people just had a 1ghash miner.. only one miner wins per hour.
and the hash protecting that block would be soo low on nonce that it will not be as secure..
and because only 1 person who is only mining using a 1ghash miner wins.. costing him $1 in electric. he will sell the 25 coins for $2, making bitcoin worth less than 10c each.

and then because he has to wait a million hours he and many others wont wait around on meaningless hashing. as its no longer a meaningful puzzle but a hourly lottery that anyone can win..

so after months the hype will die down. there will only be like ~12 miners. just fooling around to make 2 blocks a day with the hope that they could sell the coins for a total of $50, for a days wage.

and with as i said before a crap difficulty.. mining farms will then start making their own changes(forks) to the blockchain to fake transactions into their own pockets and then attempt to manipulate it so that they get rich..

which in short is not protecting the network and not making fast transactions and not a fair way to mine.. no one benefits. it would kill the price, it will kill customer waiting times.. totally ruining bitcoin.

the two main reasons for the bitcoin price

1. difficulty.. which means it costs alot of electric and equipment to produce so this makes the supply cost high
2. useability. the short and curlies of it is that shops accept bitcoin (atleast 100,000 places accept it) - this is the demand side of it.

so even if you had 500,000 shops accepting an altcoin, the price would still remain as low as it costs to create, and how much supply there is.

so step one is to get an alt usable and make people want it. the more they want it the more they will try to get it. which will cause a demand rise. which will then cause people to want to make people invest more into mining it, which will raise the cost of production which will raise the price.

it doesnt matter if there was only a 10.5mill coin limit and the block reward was only 12.5 coins, if it only takes 1ghash to mine a block. (under $1 electric/block), the price per coin would be under 8cent

depends on how many viewers.. depends on how you allow access..

EG some sites are free to view, but then demand a donation for specific requests/ sexual positions.
some are locked down and have access only after payment.
some are paid purely by advertisments on pages of video's

some women can make $10 a session, sometimes they can make hundreds.. but it all depends on how many viewers you have that are willing to pay. or just being open to free-loaders and hoping someone will be generous or that the viewer count will be enough to grab something from advertisers.

some shops refuse to accept bank notes over $20
some shops refuse to accept payment in penny coins

some shops refuse to accept any cash at all and only accept cards
some shops refuse to accept cards and only accept cash

some shops refuse to take cheques.. some shops prefer cheques..

there is always extra fee's or costs depending on irrational reasons. there are even people paying hundreds of dollars just for a specific dollar coin..

theres people that have weird reason to pay more for a bank note that has a mystical serial number, that can bring luck.

the short story is.. soo what..
the funny part about buying freshly mined coins for a premium is the same as buying a new car..
.. as soon as it transfers ownership to you, its no longer new and fresh and automatically loses value straight away. meaning that there is no financial
incentive to do it. and is just a preference thing.. it does not mean other coins are not fungible.. its just a trend.. and not something that will affect the whole economy

.. afterall more second hand cars are bought compared to new cars per year

a leaflet..



if you can understand it.. then anyone can

excuse the lamness, it was a 2 second job to show how easy it is to process and let customers pay

Bitcoin For Business: Mastering Digital Money - NO.. because its too vague.. digital money also includes, fiat, facebook credits and paypal..


Bitcoin For Business: Mastering Digital Money In The Information Age- NO.. because its too vague.. digital money also includes, fiat, facebook credits and paypal..

Bitcoin For Business: Mastering The Transition to Digital Money- NO.. because its too vague.. digital money also includes, fiat, facebook credits and paypal..

Bitcoin: An Internet of Money- NO.. because its too vague.. internet money also includes, fiat, facebook credits and paypal..

Bitcoin For Professionals: An Internet of Money- NO.. because its too vague.. internet money also includes, fiat, facebook credits and paypal..

Internet of Money: Mastering The Bitcoin Payment Network- NO.. because its too vague.. internet money also includes, fiat, facebook credits and paypal..
Internet of Money: Mastering The Bitcoin Digital Economy- NO.. because its too vague.. internet money also includes, fiat, facebook credits and paypal..
Bitcoin Digital Economy: Mastering The Internet of Money- NO.. because its too vague.. internet money also includes, fiat, facebook credits and paypal..


soooo
Bitcoin for professionals: - yes as it does not limit it to businesses, but also others who have professional curiosity
mastering the technical and politics of new internet economics - because bitcoin is changing all internet economics and its new

so
Bitcoin for professionals: mastering the technical and politics of new internet economics

lol.... and now you have lost a shops interest.. you mentioned set up costs..

bitcoin's purpose is suppose to be a better payment option compared to creditcards or cash.. and your one sentance has just obliterated that.

now then
if you want to make money out of it, then know the little secret..
there is a 2-5% spread between different exchanges..
so lets say:
bitstamp=$260/btc
coinbase=$270/btc

you set up a price checker at bitstamp rate
EG
$26 for couple pizza's, your price checker will show that as 0.1btc payment.

the shop shows the customer your QR code and you receive 0.1btc..
the shop takes out $26 outof the bartab..

now.. you use coinbase and you withdraw $27 and know you just made a $1 profit..

then when the bartab is getting low you refill it with the $26 and keep the $1.

everyone is happy.
no upfront costs, no contracts, no expensive gadgets or maintenance contracts. just a leaflet, a bartab and a employee balance checking on thier smartphone.

keep it simple and as free from cost, stress, time as possible. because once you start going down the path of upfront costs you then start having to talk about contracts, equipment, support, maintenance, etc..

so start small and simple, treat it as a free trial. and if successful then you can upgrade it to a proper commitment and service. just try not to go overboard with techy speek and upfront costs before the manager even knows what a bitcoin is or does or even knows how many customers will use it

the restaurant you are thinking of.. is it in an area of known bitcoin meetup's, is there much chatter in the neighbourhood, do you see many people on the forums telling the world that they live in your area.

is the restaurant a place normal people go to regularly. or is it a high class restaurant people would only go to once a year?

maybe best to not think about a restaurant. but maybe a concenience store/ gas station as your first attempt. you know somewhere that will be regularly used and in an area where there is many people who will want to use alot.

then when you get a nice customer base and some statistics of customer usage then you can use that as your bases to know if its worth going for the more specialist establishments where less people go regularly.

the bar-tab thing is not hard to achieve. you just need $50-$100 upfront which you can get paid when you sell the bitcoins you receive..

if you yourself cannot afford $100 upfront to get bitcoin noticed in your area, then maybe worth finding other bitcoiners in your area and start a group thing where you all work together to up the bitcoin usefulness in your area and as such all of you put in a smaller amount into the pot to get the ball rolling.

but the important part is to do your research first.. even talk to bitcoiners in your area and ask what are the top 5 stores they use on a regular bases and then go for the one with the most votes.

digital money has been around before the millenium.. infact it has been around since the 70's.. apart from them paper IOU's that people call bank notes.. peoples bank accounts and loans and bills are 99% digital money..

so i dont think digital money is really saying anything new

by the way.. as for your ignorance of what digital money is. and your other topic about fungibility of bitcoin. makes me think your maybe not the right person to be making courses..

i have done this a few times with success, learnt many things and here is my advice:

firstly you need to find out how many people that already know/have bitcoin would actually use the restaurant..
for instance if it is just 1 person a month, then its not really in the restaurants interest to waste time teaching all their staff..
as such dont tailor your salespitch to be something common that all the staff should know off by heart..

next is to think about how the restaurant will process the transaction.

again if its one customer a month then getting the restaurant to sign up to bitpay or coinbase will again NOT be something worthwhile.

for those small transactions per month the best success is to set up a bartab (pre-pay) the restaurant $50 and give them a leaflet to show how they can check
the value of the meal, and then request that value of bitcoin to a QR code owned by you. and check the funds were received.
with it being a leaflet it can easily explain it without training and also have the QR code printed on it ready to show customers

that way the bitcoins go to you and the restaurant can just take the cash out of the tab and put it into their cash register.

tell the manager that he loses nothing and you will do all you can to increase their customer base. and if he could put a 'we accept bitcoins' logo in the window.

..
now if there are more then a few customers a week then design the leaflet/salespitch to explain how to process a payment via bitpay /coinbase (if you cannot handle the bar-tab yourself)

you may even want to organise a bitcoin meetup, and use the time to have a live demonstration of processing a bitcoin transaction.

next you will have to think about the way you talk to the manager. so find out what payment methods they accept. find out if they are linked to those food ordering websites.
now that was things to think about before even talking to the manager.

now with all of the information about how popular bitcoin is in your area and how much the manager already wants to accept many different payment methods will help you work out how easy or hard it will to tell the manager about bitcoin.

the best way to talk to the manager is not to use techy speech. for instance watch a few apple pay adverts, watch a few amazon adverts and keep it as low-key as that. make the conversation about how easy it is to accept a transaction (handing the customer a leaflet with a QR code on it) and how easy the manager will receive the converted fiat afterwards. aswell as how little the manager has to implement it and how little training it will need to implement. aswell as no costs to the restaurant.

DO NOT USE THE WORDS: decentralized crytographically secured ledger..
shop owners do not care about the technology behind bank wire transfers, or applepay algorithms. all they care about is ease of use and getting paid.
so concentrate on that.

ok, 2 pages of comments.. and still nothing.

if you want something to happen do it. come up with a design, and if its not just a logo you want. come up with a storyline (script) for an advert.

try not to make it seem like them scammy binary option investment scheme or sound like a ponzi advert. try thinking of applepay or visa as your baseline.

then if its good and people want to see it on TV/newspapers.. then go search out the businesses that use bitcoin and ask them for funding/sponsorship to help you produce the advert and get it out there.

if all you want is ust a logo upgrade, then stop typing and start designing. post what you think is your vision of the perfect logo. and again if good and you receive positive responses. pass the logo onto all the bitcoin related services to use

the problem is..

gold (the natural resource asset/commodity, not the colour) doesnt have a logo or theme..
dollars or yen dont either.. yes they have a symbol.. but no one cares what color or font it is.. they still recognise what it is regardless..

things that have logos and are advertised as investments.. tend to look more like them binary options scam video's you see popping up.
you know them video's that tell you 'congratulations you just found the best kept secret of financial profits'.

bitcoin does not need to be advertised as an investment 'scheme'.
smart investors never invest on something that is advertised, because they know if it was truly good it would sell itself and not need advertising.

i think bitcoin itself doesnt need much advertising to investors. but services to make investors lives easier such as coinbase, kraken, or gemini should advertise their services.
and then within the services investors can get to know more about what bitcoin is.

to me bitcoin is an asset and not brand. and trying to advertise it as a brand wont pull in investors, just like visa doesnt talk about dollars, it talks about HOW the dollars can be used.

i agree, bitpay, coinbase, bitstamp, kraken should be the people pushing for advertising. as for the logo..
even visa tries to change its logo


so try making something new and then send it to the main bitcoin service companies and give them the freedom to use the logo in all there advertising... but make sure its good, better then previous versions otherwise it will just get ignored.

nah that gold one seems too old.

try something new

then stop typing.. open a grphics package and make some designs.. post the designs, ask peoples opinions and if everyone likes it or you see a nice load of replies.. then you can sibmit it to the many bitcoin websites that use the orange logo and get them to replace the image for a gold one.

if you want to start a business, wallet, service, website or sell products with a gold bitcoin logo..

go ahead, no one is stopping you

there is no copyright issues in regards to it having to be orange.. so let your imagination run wild and design something good.

can everyone who wants to make a new topic everytime the price changes by 10%.. please please please.. do it in speculation!

otherwise we will end up with hundreds of posts.

unless your supplying information, then fine post it. but if your just wondering/asking why the price is changing but not knowing for sure.. please put it in speculation.

firstly.. your title
.info refers to a website.. not the actual blockchain technology, just a viewer.

secondly
bitcoin is decentralised, and people want to keep it that way. banks however want their own systems secure, they want to control the money creation and flow and as such they want to make their own altcoin to premine and then hand out as tokens of credit to those customers wanting their system.

to me the banks having their own altcoin is a good thing.. as although they can code their alt to premine 20 trillion coins, its alot better then just adding numbers to a database without question.(in the long run)
also by allowing banks to use blockchain technology means that blockchain technology cannot be outright banned.

and lastly. just because a bank has an altcoin, doesnt mean bitcoin loses any interest or value. after all banks already have sql databases of trillions of value and yet bitcoin still has success, so it doesnt matter what back-end a bank uses, from the customers point of view there is no noticeable difference so the perception remains choose:
centralised closed data ledger with selfish/uncontrolled money creation vs public decentralised data ledger with stable deflationary money creation.

in the end bitcoin will always have social, economical, ethical positives compared to any alt a bank would create

its not accurate at all..
i looked on the map of my area and it just showed one location.. which was a 'venue' yet i know of atleast 10 nodes that are not showing up.
i checked on another area which i know of that has full node users, and that area was blank..

so please take it with a pinch of salt. id say only 10% accurate at most

sounds like bitinstant 2.0