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In light of some recent discussions I've had on this forum, I'd like to voice a few thoughts.
In terms of 'fads,' Bitcoin definitely meets the criteria -- It's new, it caught on fast, it took a few hits, and now we see a lot of die-hards mixed with late newcomers. One could also argue that Bitcoin is still faddish and the these 'late' newcomers are still joining early. This argument would be based upon the assumed longevity and durability of Bitcoin. Both could be viewed as correct, but one fact remains the same. Bitcoin is an isolated fad.
I've spent a lot of time on this forum in the past 2 months. During those two months I've observed many reasons why I think Bitcoin has remained isolated this long. Obviously, some of these reasons are technical and revolve around the idea that Bitcoin is not 'merely' a fad, but a new currency that inputs a certain level of risk. Beanie Babies were fun, but hardly risky. You bought a happy meal, you got your toy as a free bonus, and you were happy to put that beanie baby up on a shelf until you later realized that some of these beanie babies became extremely valuable to some collectors.
Bitcoin has not caught on in the same way beanie babies have. Beanie babies are fun, they're cute. People like cute stuff. People like fun stuff. Figuring out Bitcoin is neither cute nor fun unless your interests happen to include computers and spending long hours in front of a computer reading up on new technologies. Fiat currency is far easier to understand for everyday use, acquire, and is overall more convenient. Moreover, people in general do not have a lot of foresight when it comes to money. People are notoriously bad with numbers when they conflict with emotion. Studies have shown that people would rather have $50 today than $52 next week if given the choice.
Let's look at some other things that grew exponentially at a very rapid pace. Some good examples are HotOrNot, MySpace and YouTube. People are social beings. Social status is arguably one of the most driving forces that motivate people and this is seen everywhere from social networks to cell phones. There is, however, nothing about BitCoin that currently focuses on the peoples' social nature. In fact, it does the opposite with claims of increased anonymity. Given that people are generally honest and fair (which is obviously debatable given the large number of Bitcoin scams), the transaction mechanism behind Bitcoin is a nice idea. But, it does nothing to help its economic model.
Additionally, I look at the content on this forum. Granted, I will admit that I am guilty of unnecessary belligerence/hostility toward others if I feel they make (in my opinion) notoriously dimwitted posts. But there are additional isolating factors on this forum that reflects the mindset of the community. For example, I don't know about you, but I HATE the word troll. To me, troll is a symbol. It's a symbol that represents the isolated nature of Bitcoin and the community. It's projective, and while troll is used to denote users that make off-topic or careless posts, it is a reflection of this community within larger society. It too is off-topic and careless. It does not truly consider what the population at large wants.
In my opinion, the Bitcoin community, its users, and its merchants/businesses need to reflect upon society at large. Be clever -- using a little manipulation to attract the average Joe can help to fulfill 3 goals: 1.) Increasing Bitcoin's popularity 2.) Giving Average Joe what he wants 3.) Finally garnishing the attention that Bitcoin/cryptocurrencies deserve due to their novelty and improvements upon fiat currency.
What do people want?
People want to feel safe. People want to be loved, accepted, understood, appreciated, complimented. They want to be sexy. They want to be famous. They want the world to revolve around them.
While I haven't given sufficient thought as to exactly how Bitcoin can address these desires, I have a few general suggestions. The first of these is simplification and security rolled into one. Find a way to merge the Bitcoin client with a miner ALREADY REGISTERED TO A POOL. So, in other words, the only thing to do to get started would be 1.) Download client/miner 2.) Click confirmation email which will confirm your account and provide you with username and secure password 3.) Start mining. Perhaps an automatic account on Mt. Gox or TradeHill could also be created when downloading this client.
Next, with the simple startup initiated, consider their desires. People should somehow be recognized and rewarded for their involvement with Bitcoin. Create a social network site like Second Life. Linden dollars worked only because of Second Life's social nature. Create something like HotorNot.com where it costs only .1 BTC to put up a photo. Have contests on the site where the guys/gals that receive the highest ratings of sexiness are rewarded in BTC which they can then cash out in USD. Create a site like YouTube where Ads linked to popular videos are paid for with BTC.
I understand these ideas aren't extremely well thought out as I did not take a lot of time to write this post, but my general point remains the same. Consider what you want to happen, and then consider what it really takes to get there. If you want everyone to use Bitcoin, you need to figure out what everyone wants. That includes the high school jock, the cheerleader, and likely all the people with whom many of us were never friends with. To make Bitcoin thrive, you need to understand people. And, so far, I haven't seen much of that.
Thoughts/opinions greatly appreciated.
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Dude, do you permanently reside in nerdland? And when I said buy stuff, I meant good stuff. Ok so now we're getting down to the meat of your debating talents, that when I reply to your incorrect statements you change them to subjective ones. "I didn't mean buy stuff, I meant buy stuff that I like from the shop I like" Normal businessmen do not consider accepting SolidCoin, let alone Bitcoin, easy. That's what I'm going to change. You excited? You should be. @CoinHunter Dude, you're arguing with punks that have "13 year old Jr High School Girl" mentality. You and I and anyone that doesn't have a fat wallet of BTC waiting for $30 per BTC to comeback knows that SolidCoin is an improvement. Not perfect, but it moves the needle to the good. Keep on coding. Stop projecting cause you never got any girls when you were 13. I own more SC than BTC, fyi. Edit: I'm terminating my discussion on this thread. The guy who suggested instantaneous transmission of substances to the brain has a better economic model. He's a guy who knows what people want. |
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Dude, do you permanently reside in nerdland? And when I said buy stuff, I meant good stuff. Ok so now we're getting down to the meat of your debating talents, that when I reply to your incorrect statements you change them to subjective ones. "I didn't mean buy stuff, I meant buy stuff that I like from the shop I like" Normal businessmen do not consider accepting SolidCoin, let alone Bitcoin, easy. That's what I'm going to change. You excited? You should be. No, it was a subjective statement obviously referring to a larger issue. There's a reason nerds are nerds. They're good with gadgets, but they suck at understanding what people actually want. You know what I meant when I said "good stuff." I was referring to the ridiculously limited selection of things you can buy with SC. I'm on this forum every day, and I haven't seen one thing that I can buy with SC. I'm not excited yet because I don't believe you are good at understanding what people want. Edit: Your debating talents include "oh yeah, that's coming...hasn't happened yet, but it will. You just watch. Watchin' yet?" |
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Okay then, sorry for any misunderstanding. I do believe that solidcoin is an improvement over bitcoin most definitely, but that is the same thing with namecoin, yet people have not "fleeced" there from bitcoin. Artforz has "suggested" code be put into i0coin which was designed to ensure his FPGA miners got more of the blocks than others. Someone incompetent then added the code. So this is what I mean by fleece, he has willfully decided to fleece BTC from the ignorant people who don't understand it. Perhaps people think that he's a champion for using his intelligence in such a manner but to me it comes across as deceitful. The other BTC trolls here taking joy in the potential misery of others is also quite a sad indictment on the human race. Um...you're on bitcointalk.org. Bitcoin is Run DMC and you're 50 cent. Edit: I dislike rap. |
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Dude. You're incredibly dense. Right now, it doesn't matter how good SC theory is. Bitcoin is still better in virtually every way because you can BUY STUFF WITH IT. Hey dude you can buy stuff with SolidCoin too! And BTW, vendors only need to take 5 minutes switching to SolidCoin, it's not hard. One of the advantages of me still supporting the archaic bitcoin API. Don't argue with these morons, just keep improving your code. I love the reasoning that simply because no one has bothered to fix Bitcoin in 2 years that means it is ok LOL.... That wasn't the reasoning. You made that reasoning up. |
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Dude. You're incredibly dense. Right now, it doesn't matter how good SC theory is. Bitcoin is still better in virtually every way because you can BUY STUFF WITH IT. Hey dude you can buy stuff with SolidCoin too! And BTW, vendors only need to take 5 minutes switching to SolidCoin, it's not hard. One of the advantages of me still supporting the archaic bitcoin API. Dude, do you permanently reside in nerdland? And when I said buy stuff, I meant good stuff. Normal businessmen do not consider accepting SolidCoin, let alone Bitcoin, easy. You remind me of those guys screaming, "Guys! Guys! Encrypting your wallet is NOT that hard. All you need to do is download x operating system onto a bootable disc and blah blah blah blah blah....." You took Bitcoin and changed a few things. Whoopdie doo. |
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Dude. You're incredibly dense. Right now, it doesn't matter how good SC theory is. Bitcoin is still better in virtually every way because you can BUY STUFF WITH IT.
Ever think of something else? Bitcoin has had 2 years, and so far, it still has a very small economy. The very few who were willing to risk setting up businesses and such have put time and money on the line based upon the expectation that Bitcoin would/will be a success. Guess what happens if Bitcoin collapses? Do you really think they'll be like, "Oh! Wait a minute! I mean, I know I lost huge on the whole Bitcoin thing, but this SolidCoin thing is great! I mean, it's been around for like...weeks! This seems like a really really good idea! I'm gonna do a new business!"
In 2 years, Bitcoin has garnished the attention of the people that would really care about digital currency-related businesses. If they give up because Bitcoin fails (and they will give up on digital currencies if they lose big), good luck trying to find a new breed of digital currency entrepreneurs to take on SolidCoin let alone one of the dozens of other cryptocurrencies that will likely spring up between now and then. I think if you really want SolidCoin to succeed, you should really act more kindly with your potential future investors.
For such a smart guy like yourself, you seem to do a poor job at parching the situation. And really...work on your communication. A little antagonizing and we've seen bits of your true nature emerge. Don't blame you though. It's a natural response given the situation.
What you are missing is it won't really make much of a difference in the long run, many merchant payment services will likely adjust to take other currencies and likely provide the capabilities to auto exchange between them for payout to the merchant with little to no effort on their part, you see with cryptocurrency this is a real possibility and even easier than with fiat currency. These currencies can coexist easily and this kind of behavior is not unheard of in human history i.e. gold, silver and copper as well as stocks, bonds, mutual funds, forex, and commodities for investment purposes. There is plenty of room for fiat currency displacement in the world that several types of cryptocurrencies can and will survive so long as they bring improvements and innovation, not sure why solidcoin is getting such animosity, it has brought and will continue to bring improvements that may also benefit bitcoin, and if nothing else we will get more empirical data about how these fledgling systems operate and how to make them even better. What you are missing is that there needs to be a short run before a long run. And even if you take the current BTC economy and add all these other little currencies as mediums of exchange, all that does is inhibit the growth of any single one and cryptocurrencies will remain underground forever. This will limit overall economic growth and the true and potential advantages of using crypotcurrencies will never be fully realized. And, you will get empirical data that you can't generalize to the population at large. It will be applicable to the nerd crew only. |
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I know its kinda funny. I know not everybody is going to like it. But like I said newegg doesnt take BTC. If you dont have a CC/paypal or would rather spend BTC instead of cash, I have them.
Im not gonna stop mining. I will run these till the very moment I sell them. Im just trying to make a quick buck. If I sell them I will buy more.
What I don't get is...ok so you received the cards today. Then you unpackaged them and hooked them up to your computer? So, you're selling used 5970's. I'd give you $350. BTW im in chicago |
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Too late. SCGuild already has way more than 51% power. All they would have to do is turn off hashing for one day, difficulty will plummet, then we can get back to getting several blocks a minute.
SCGuild, what do you say? Will you turn off the pool for a day?
It's not actually too big a problem if they do that, faster blocks is fine. SolidCoin is only a week and a half old, once it starts gaining more traction due to my development changes there will be more stability in the mining power. What we do know is that in under a week we have gone from 1.2 THash, or 11% of the BTC network to 300GHash and SolidCoin is still flying. BTC would be dead, as we saw with NMC, Ixcoin and I0coin. So yes SC may not be "perfect" in every way but those trying to suggest it's not better than BTC are living in lala land. Dude. You're incredibly dense. Right now, it doesn't matter how good SC theory is. Bitcoin is still better in virtually every way because you can BUY STUFF WITH IT. Ever think of something else? Bitcoin has had 2 years, and so far, it still has a very small economy. The very few who were willing to risk setting up businesses and such have put time and money on the line based upon the expectation that Bitcoin would/will be a success. Guess what happens if Bitcoin collapses? Do you really think they'll be like, "Oh! Wait a minute! I mean, I know I lost huge on the whole Bitcoin thing, but this SolidCoin thing is great! I mean, it's been around for like...weeks! This seems like a really really good idea! I'm gonna do a new business!" In 2 years, Bitcoin has garnished the attention of the people that would really care about digital currency-related businesses. If they give up because Bitcoin fails (and they will give up on digital currencies if they lose big), good luck trying to find a new breed of digital currency entrepreneurs to take on SolidCoin let alone one of the dozens of other cryptocurrencies that will likely spring up between now and then. I think if you really want SolidCoin to succeed, you should really act more kindly with your potential future investors. For such a smart guy like yourself, you seem to do a poor job at parching the situation. And really...work on your communication. A little antagonizing and we've seen bits of your true nature emerge. Don't blame you though. It's a natural response given the situation. |
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Actually, I'm still waiting for my free condom  What was the estimated delivery date? |
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Clarify what? Do I need to clarify that an argument for CoinHunter being a lying piece of shit isn't an argument against SolidCoin? It's an argument for CoinHunter being a lying piece of shit. I bet that sounded better in your head. It's also correct. |
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My argument was never that SolidCoin is better/worse than Bitcoin.
My argument is that CoinHunter is a lying piece of shit.
If we take CoinHunter at his word, that means out of 10,000 SC users, about 5-10 users control over 50% of the market.
And then he counters this ridiculousness by saying that he's "only interested in a global currency that works" and "helping others in need." SolidCoin might work, but it's 1.) Hardly original and 2.) created by a douchebag who deserves a kick to the larynx.
All I want is for CoinHunter to admit to everyone he made this thing to get rich and that's it. I have no problem with that. Satoshi did it too, and now CoinHunter did it. But don't try to come off as some virtuous motherfucker when we know you're not one in this context.
Do you have SolidCoins? What is your drive to post here? Try to destroy it before it's too much competition for Bitcoin? Did you even read the words you used before pressing "post"? Do they have to be that rude? Bitcoin hardliners are getting rude nowadays... Yes, actually I do have SolidCoins. I'm not dumb. It's a low-risk investment that has the potential to make a lot of profit in the event it catches on. I want to make a quick buck. Don't you? They don't have to be that rude. I chose them because they are rude; I'll sacrifice the bad karma and I apologize to those who took offense. The comments were not directed at you. Money has a funny effect on people, and it's a very powerful tool. I don't respond kindly to others who lie about their virtuous financial intentions. Please re-read my posts in this thread and really consider whether or not I'm a Bitcoin 'hardliner.' Edit: Original comment in this thread was a post stating that it's obvious the creator of SolidCoin wanted to make a quick buck. That was my motive for posting. I have also said this about Satoshi in multiple threads. It's built into the design. Edit 2: An indirect reason for posting as such is because I truly dislike manipulation. You may notice many of my recent posts in the marketplace section about scamming and potential scams. Would you rather have the rude honest guy (yes, I'm often more rude in text format when angry)? Or the nice guy who pats you on the back while slipping your wallet out of your pocket? |
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My argument was never that SolidCoin is better/worse than Bitcoin.
My argument is that CoinHunter is a lying piece of shit.
If we take CoinHunter at his word, that means out of 10,000 SC users, about 5-10 users control over 50% of the market.
And then he counters this ridiculousness by saying that he's "only interested in a global currency that works" and "helping others in need." SolidCoin might work, but it's 1.) Hardly original and 2.) created by a douchebag who deserves a kick to the larynx.
All I want is for CoinHunter to admit to everyone he made this thing to get rich and that's it. I have no problem with that. Satoshi did it too, and now CoinHunter did it. But don't try to come off as some virtuous motherfucker when we know you're not one in this context.
Really? That's your entire argument against SolidCoin? I can't tell if you're serious or just joking. Please clarify? Clarify what? Do I need to clarify that an argument for CoinHunter being a lying piece of shit isn't an argument against SolidCoin? It's an argument for CoinHunter being a lying piece of shit. |
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Solidcoin won't fail. Coinhunter has done really good job setting this game up  . The same people talking crap now will be shooting themselves in the head in 6 months knowing they could have bought at these prices. I think all cryptography will have a place in the future, and anyone thinking there is only room for one is a fucking moron. Pardon my french... I agree, the objection to SolidCoin and all the other forks seems to be more of a moral one rather than an intellectual one. It's basically "Satoshi was a genius, what have you done? Why should you make any money?" I agree with most of what CoinHunter has done, except for the lower number of coins. This whole Bitcoins/Solidcoins/whatever scarcity tactic is BS. Once difficulty or prices get too high, somebody will create a fork. I could create more solidcoins today by taking the existing code and creating a new genesis block. They wouldn't technically be SolidCoins, but they would accomplish the same thing and work exactly the same way. So I don't really see what limiting the supply of coins accomplishes, it actually makes it more likely to fail in the long run in my opinion. My argument was never that SolidCoin is better/worse than Bitcoin. My argument is that CoinHunter is a lying piece of shit. If we take CoinHunter at his word, that means out of 10,000 SC users, about 5-10 users control over 50% of the market. And then he counters this ridiculousness by saying that he's "only interested in a global currency that works" and "helping others in need." SolidCoin might work, but it's 1.) Hardly original and 2.) created by a douchebag who deserves a kick to the larynx. All I want is for CoinHunter to admit to everyone he made this thing to get rich and that's it. I have no problem with that. Satoshi did it too, and now CoinHunter did it. But don't try to come off as some virtuous motherfucker when we know you're not one in this context. |
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Extra Haha's and smileys indicate defense behavior, CoinHunter.
Dude. I'd like you a lot more if you just stated you're just hoping to get rich fast. Be realistic. Most of us are. If Bitcoin or any other digital currencies really catches on, that's a bonus.
So far, I keep hearing more bullshit. We're not idiots. You know damn well the SolidCoin market is way-the-fuck out of balance.
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$10,000 eh?
26,213 blocks
X 32 Coins per block = 838,816 SC
~ 58.8 SC/BTC
8.84 BTC/USD
10,000/8.84 ~ 1131 BTC
1131 * 58.8 ~ 66,616 SC
66.616 / 838,816...
Congratulations. You control ~8% of the market by yourself. And then you say there are probably many others with more SC than you...
You want a currency that actually works? With like 5 people that control half the market?
Yeah. Nice circle indeed.
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He said he couldn't care less. I, however, could care less, so I will take some. He said to give him a good reason. I gave him one. I'll at least help spread it around. That way, he can be virtuous and keep some money, I can be virtuous and keep some money, and you get some too. You can be 2nd on my list.
I couldn't care less about "gaining money" from SolidCoins, I don't need any extra money. However I'll give them to people and businesses and do my part to support a growing economy. I'm not going to give them to BTC trolls or people that aren't supportive of SolidCoin. I get a lot more joy from helping out people that don't have much and helping them gain financial freedom. I 've moved all my BTC and USD into SolidCoins (not that much anyhow, only about $10,000) simply because I'm unsure about Bitcoin's future and don't want to be left with worthless coins in a few weeks. The sites I have generating BTC go straight into SolidCoins. If I lose it all it doesn't impact me financially as this is more like a hobby, especially given the insecurity surrounding Bitcoin and p2p currencies recently. I'm not investing any more into it besides what I generate from the sites themselves. So everyone who wants to mine and dump SC for relatively low amounts they are welcome to on the exchanges, I appreciate it. They are supporting SolidCoin by allowing me to continue giving funds to real businesses in SolidCoins. It's a nice circle. |
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Are you needy? Do you have a SolidCoin business on the horizon? Then talk with CoinHunter, the creator of SolidCoin himself! He's giving away free SolidCoins to those in need because he "really cares about helping those in need." How virtuous! He's also giving away free SolidCoins to upcoming SolidCoin businesses to help build the SolidCoin economy! He says he wants a "global currency that actually works!" How amazing! And he converted all his BTC and USD to SolidCoin! And he says he doesn't want to invest anymore right now! Oh wait...I see where this is going... Edit: https://bitcointalk.org/index.php?topic=38453.560 |
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And with those two posts, I'm officially a Bitcoin HERO MEMBER. Suck it.
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