Peak 5 hours ago makes sense when many people in the USA are now sleeping. |
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I thought the episode was excellent.
BUT from my perspective, this show, and every other mass market publicity for bitcoin is a double-edged sword. On one hand, it will cause thousands of people to Google bitcoin and learn more about it, thus helping the economy grow. On the other hand, some of those people will find these forums when they Google, and see what a load of pedantic aspergians we have around here, and it will frighten them away. Speaking of, does Atlas still post?
Aspergians make for good businessmen.Retracted for stupidity. |
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Great show! Amazed at how much they addressed many of the issues - ie., "digital commodity vs. currency". Although I think most of the Occupy Wall Street are clueless to bitcoin (contrary to what was said in the episode), but many of them will now know about it. And then there was Kramer...shocking that an establishment insider like him called it a "commodity" vs. a "currency" in his role. The banksters must not fear bitcoin and I'm not sure if that's good.  I bet Kramer invested in it at $30.Retracted for stupidity. |
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Keep in mind, it could have also been due to your appearance at CES.
Well, this particular merchant, on his application, specifically said he heard about Bitcoin on the Good Wife and googled it  G. Zeus. i wasn't expecting that to happen... let's hope it's mcdonalds or coke/amatil. Haha unfortunately I'm sure McDonald's and Coke have heard of Bitcoin long before this episode. That's why they're business experts. yeah, it's probably something more like Shoelaces 'r' Us. Which is terrible when Velcro is clearly more efficient. |
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Keep in mind, it could have also been due to your appearance at CES.
Well, this particular merchant, on his application, specifically said he heard about Bitcoin on the Good Wife and googled it G. Zeus. i wasn't expecting that to happen... let's hope it's mcdonalds or coke/amatil. Haha unfortunately I'm sure McDonald's and Coke have heard of Bitcoin long before this episode. That's why they're business experts. |
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Lets get back on topic:
Jered (and the rest of the TH staff), WHAT IS GOING ON? Please put out a public statement on tradehillblog.com with the estimated time needed to recommence operation so at least I can stop pressing the F5 button.
We'll put out an official statement tomorrow but we have new accounts and we will begin sending money out. In regards to wires banks don't really like to see high volume. It's fine if we send 2million in a wire every month but sending 20 wires for 2k is concerning. I'm meeting with them again in the morning to speak more about wires. At the very least we'll have funds going out soon. They're not quick to adopt to change or to clear our checks when we move from one account to another. I'll apologize on their behalf. Essentially it comes down to the banks being extremely slow moving creatures (I hesitate to use the term creatures, I don't want to imply they have souls) and essentially while we use the traditional financial system we and our users are at their mercy. Personally my least favorite part about operating an exchange is being that meeting point between the two systems or the past and the future if you prefer to call it that. Jered Glad to hear something, Jered. You guys are my favorite exchange and you've been killer in terms of customer support with me individually. I understand you are overworked and running into tons of problems, but please remember that security of our assets correlates to our ability to sleep easily at night. The no-checks thing was the first time I've been worried, and the lack of a timely response (I've been observing) made me question whether my funds are in the right place. That being said, I'm glad to hear you have new accounts in place. Keep up the transparency and security and I can easily see myself using you guys long into the future. You guys really have the potential to pull in many more users, and it's your history of security and transparency that, in my opinion, could really allow that to happen. Please don't blow it Edit: Even if the banks are fucking up behind the scenes, you're the guy on stage. Nobody in an audience wants to see the guy on stage blaming the stage and prop guys, even if the the backdrop is crumbling before our eyes. It makes for that awkward feeling Thank you for the kind words and you're exactly right. Ultimately it's on us, I want to use the banks as an explanation not an excuse. In regards to sleep, believe me the security of your assets affects the quality (quantity) of sleep I get as well. We're very public about who we are and anyone that happens to be in San Francisco is welcome to grab lunch with me. Jered Couldn'tve said it better myself |
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The business model in theory seems legit. I actually really like the idea.
I hope you realize that if you take this seriously and use it properly you could carve yourself a nice little niche in conjunction with Bitcoinica.
Professionalism in customer service and security are the top two priorities. Address these and succeed. Don't and fail.
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If this wasn't a sign to buy, I don't know what is.
All in bitches.
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it took exactly 23 minutes after the show ended for a merchant sign up for Bit-Pay after doing a google search after the show. Once he is up and running, I will tell you who it is Amazing post. Keep us updated. You should start your own thread for this if more join up in the coming days. Keep in mind, it could have also been due to your appearance at CES. |
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Lets get back on topic:
Jered (and the rest of the TH staff), WHAT IS GOING ON? Please put out a public statement on tradehillblog.com with the estimated time needed to recommence operation so at least I can stop pressing the F5 button.
We'll put out an official statement tomorrow but we have new accounts and we will begin sending money out. In regards to wires banks don't really like to see high volume. It's fine if we send 2million in a wire every month but sending 20 wires for 2k is concerning. I'm meeting with them again in the morning to speak more about wires. At the very least we'll have funds going out soon. They're not quick to adopt to change or to clear our checks when we move from one account to another. I'll apologize on their behalf. Essentially it comes down to the banks being extremely slow moving creatures (I hesitate to use the term creatures, I don't want to imply they have souls) and essentially while we use the traditional financial system we and our users are at their mercy. Personally my least favorite part about operating an exchange is being that meeting point between the two systems or the past and the future if you prefer to call it that. Jered Glad to hear something, Jered. You guys are my favorite exchange and you've been killer in terms of customer support with me individually. I understand you are overworked and running into tons of problems, but please remember that security of our assets correlates to our ability to sleep easily at night. The no-checks thing was the first time I've been worried, and the lack of a timely response (I've been observing) made me question whether my funds are in the right place. That being said, I'm glad to hear you have new accounts in place. Keep up the transparency and security and I can easily see myself using you guys long into the future. You guys really have the potential to pull in many more users, and it's your history of security and transparency that, in my opinion, could really allow that to happen. Please don't blow it Edit: Even if the banks are fucking up behind the scenes, you're the guy on stage. Nobody in an audience wants to see the guy on stage blaming the stage and prop guys, even if the the backdrop is crumbling before our eyes. It makes for that awkward feeling |
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ZOMG! FANTASTIC EPISODE!!
Awesome way to wrap it up. "I went online last night and purchased 1 Bitcoin. But it didn't feel real." "It's the future, bitch." ya at first, it was like that for me too.... but now that I've paid for stuff, bought more, created offline wallets, watched the video about "government money" now bitcoin feels more real then a freshly printed 20 dollar bill. It's the world we live in. Just gotta convince people our world is better than their world  |
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ZOMG! FANTASTIC EPISODE!!
Awesome way to wrap it up. "I went online last night and purchased 1 Bitcoin. But it didn't feel real." "It's the future, bitch." |
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Isn't this similar to that one guy/exchange who accidentally sent 500 1-BTC payments to someone he didn't mean to send them to?
I'm pretty sure the community was on the side of the guy/exchange in that event.
I wasn't, but I recall the community at large was.
Interesting psychology unfolding.
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bullshit tv is a nonevent
been priced in for days
spare me the details
Dude, I don't know about you, but I don't buy a Coke or Pepsi every time I see the commercial either. Actually, this has never happened to me in my experience. The point is tons of people are hearing the word "Bitcoin" over and over and over. If you think that's a nonevent for a growing market you're an idiot. |
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I'm doing a shot every time they say the word bitcoin.
You still alive bro? I lost count at 20. I'm switching to beer. jeez they are mentioning Bitcoin left and right! the little commercial on bitcoins she was watching was pretty neat. Does that exists some place or did they whip something up for the episode? That was a joke, yes? |
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"Bitcoin" spoken on prime time tv counter 6 I'm actually very impressed with the setup of the show so far. I did not expect such a simple yet comprehensive explanation of Bitcoin in the first 5 minutes (very nice, and I love the way they parodied the weusecoins.com video), and I'm digging the evil way they portray the gov't thus far. Let's see how this continues... |
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Well I purchased them off a community forum that I'm on a lot but I don't even know if he sent me the coins or not yet... that's what I'm worried about because I pay'd $95.
Ah...I see. Still not sure how you sent the $95. Was it Pay-Pal? Dwolla? Something else? Can you request a chargeback? Also, what BTC address did you tell him to send the BTC to? A word of advice...make sure the person you are conducting business with has established reputation. On this forum, that typically means a lot of posts (300-500+) and a bunch of positive feedback from equally credible members on the "List of Honest Traders" thread in the Marketplace section of the forum. Also, be weary of selling BTC to people for things like Pay-Pal. For example: 1) Person x sends $95 via Pay-Pal to person y for BTC. 2) Person y sends BTC to person x 3) Person x complains to Pay-Pal saying they never received their product (even though they did, but it's easy to say they didn't). 4) Pay-pal completes a chargeback of the payment, so the $95 gets sent back to person x. 5) Person x essentially steals $95 worth of BTC from person y. Person y is left without their BTC and without their Pay-pal payment. It's still the Wild West in Bitcoin land. You must do as much as you can to ensure the security of your assets. |
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