Sound good? Ok! Let's do it!
I keep failing to understand what your purpose is exactly. He is trying to make bitcoin the success that visa is. That is a worthy goal in my mind. With the right support , the right people and emulating the methods of successful similar organisational structures bitcoin would take off. What this thread is aiming for is finding those key individuals. A lot of people have the passion for bitcoin but it takes more than that to get it to the next level. +1 !!! |
|
|
|
|
back to the original starting point.
The bitcoin rally.
Prices have pushed to 10 cents and hold firmly above that level. Volume has been low after the breakout. There hasbeen quite some buying interest at the 10 cents level, indicating that some folks are speculating on a further rally.
There hasn't been downward pressure despite a huge increase of block generation rate despite high difficulty (280 blocks past 24h )
Technically speaking a further rally is the most probable scenario. Only a close below the 6.3-6.5 cent former breakout level, would invalidate this outlook.
Next resistance is 13 cents (alltimehigh) and 15, then 20 cents
|
|
|
|
|
dwdollar,
just want to recognize you for doin a great job keeping it running and clean.
Since you reopened I completed 3 transactions to my fullest satisfaction.
keep it up!
|
|
|
|
|
I joined as well!
Good that this is starting to get more traction now!!!
|
|
|
|
Bitcoins are Bitcoins. Though Wirtland sounds like a organizational affiliation based on voluntary consent , I think its important to recognize that everybody in the Bitcoin economy is better off keeping the language as simple as possible.
Keeping bitcoins bitcoins has a lot of advantages. 1) It's simpler and enables higher awareness, adoption, etc. It avoids a whole lot of confusion. (i.e. the mexican Peso was never rebranded to mexpeso..) 2) For wirtland citizens (and I will be applying soon ) its also better. If they want to trade outside wirtland, keeping bitcoins as a name avoids confusion. Net, if Wirtland does not really require to have a different name, keeping it bitcoins is a win - win. |
|
|
|
You have nailed it brilliantly (and expressed it better than I did  ). If the BTC team needs some business / marketing, strategic help I will be available. |
|
|
|
|
That's what I like about this free community. Everyone can have his opinion.
And by the way, I am offering help; but I won't be able anyhow to play a leading role since I won't be able to spend much time due to my job.
|
|
|
|
|
I agree with you. Some sort of incentive is needed, and only if people deliver, they continue getting it... that's human nature.
I also think this can still be fun, though. because if we will be successful and achieve certain milestones on the way, we will get quite some happiness. Most people, including me would do this still mostly for fun. But as least some reward is needed to keep the motivation up.
And definitely, BTCs is a good way to pay.
|
|
|
|
|
All,
coming back from "normal work" and reflecting a bit in the car about BTC, I'd like to share my thinking with you:
Most successful businesses are build around strong people who work effectively in an organization. You have to have: 1) A compelling idea and business model, 2) Strong , intelligent leaders and 3) an organization and processes to enable them to achieve the maximum. (I personally have some experience since I am running a 350 $MM+ revenue business, and profitably)
When applying this to BTC's we have 1) and 2) already. 1) We have a strong BTC idea and a unique P2P model. 2) I see a lot of intelligent people here, both businesswise and technically.
What is missing is the effective organizational structure.
We can have a decentralized "currency", but we can not be effective when we don't work more centralized and structured.
Let me you you some examples:
* Letter to the CCC. A lot of comments in the thread, but it started 2 weeks ago and we still have not done anything.
* Global Exchanges are halted because of a handful of idiots (fraudulent scammers) and the system is still down ... since 2 weeks already
* I could go on forever. But this should not create negative spirit. There are so many great people and ideas here, but without some kind of simple but effective structure we won't get far.
And we should avoid this.
Proposal:
1) People volunteer to take an active leadership role
2) This should be spread about the key functions needed (business, technical, ..)
3) We set up a voting system to elect the leadership council
4) The leadership council actively drives good ideas forward, deselects less promising ones, etc.
What think?
|
|
|
|
I think we should not allow withrawal of $ at MtGox until after Adding Funds is also possible again. Only one-sided allowance will bring this small and still vulnerable system out of balance. No-one forces you to trade while the system is "out of balance", so I don't see why you want to stop people from withdrawing their $ from MtGox. If you're not going to trade, it doesn't make any difference to you whether or not other people have their $ in MtGox. That's true, but also true is the fact that if I needed to get my cash out, quickly, my only option right now was to buy overinflated coins and sell them elsewhere... I'm guessing S3052 has some of those coins to sell  Just to clarify. I am not talking about my personal situation. Actually I have no intent to sell. I want to make sure that one-sided action will not create a turbulence in the market (either crash or monstrous inflation of BTC) which could then shy away the few who are left. Never underestimate the psychology caused by small events - they can have big consequences. And I think you all agree with me that we want to see BTC alive in 10y to come and not destroyed and forgotten because of a short sighted decision. |
|
|
|
|
I think we should not allow withrawal of $ at MtGox until after Adding Funds is also possible again. Only one-sided allowance will bring this small and still vulnerable system out of balance.
We should allow withdrawal and adding of funds in parallel.
|
|
|
|
|
The first step to buy BTC's , then pay via paypal worked great.
I am happy that we can re-ignite the BTC economy!
Well done.
Now I am waiting for my coins to arrive, but I am very optimistic that all will be fine.
|
|
|
|
|
Why should any legitimate transaction be reversed. I would strongly object to that as it is totally unfair and even illegal.
|
|
|
|
Sorry this is taking longer than I thought. All these payment processors have issues. It is actually very hard to find a good one. (All the more reason bitcoin needs to get widely adopted).
There are still a few more to investigate...
Is it an option to regain paypal? did you talk to them what would be required (only certified users, etc.) from their side to work with MtGox again? |
|
|
|
maybe we should offer an incentive for the 1000th (non-spam) member |
|
|
|
|
currently at 999, we will soon be able to celebrate the 1000th member in this bitcoin forum .
Great progress !
|
|
|
|
|
Agree in principle that biddingpond is very useful.
However, there are not enough users.
Therefore, there are requirements before biddingpond can really be used broadly enough:
• More people need to be able to buy BTCs; otherwise a few dozens of this forum will exchange pizzas with different toppings until they are fed up with pizzas or more seriously, have sold and bought a handful if things, still exchanging within this mini community. Only if more people own BTCs the market can get sizeable enough.
• This means someone needs to establish an easy way to buy bitcoins for everyone. Provocative question:
What does it take to convince paypal to get back into business with mtgox (perhaps only allowing trusted registered users that have confirmed bank accounts)/has someone asked paypal responsibles about what the barrier really is for them? What does it take to allow bank account transfers to a BTC exchange (and all this with lower fraud risks)?
• In parallel to the above , biddingpond needs to do advertising/marketing to grow users.
|
|
|
|
|
Show Posts
