So nobody is taking up some niches?  |
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A loan service could be a good idea, but of course you would need
various verification process in place to ensure it could actually work,
but i think a bitbank is a very good idea and linked with a physical card would be gold,
i think the bit back could offer CD's to investors as well for those looking to earn a return
on their BTC deposit.
If you're only loaning 10 BTC, than you only need a little verification, and so on. |
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Did the Zim banker(s) print ZimBucks to buy real assets and move them out of the country?
The government was in the process of seizing agricultural land from wealthy white landowners, but many of those same white landowners were the economic powers-that-be, and viewed a continuing nation-state as futile. That would be an interesting movie. "The Planter Rebellion" |
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3) A sudden public crisis. This is the trigger event. Could be economic, political or natural (think Katrina); but it has to be a 'black swan' event that the vast majority of the public never expects until it is too late to avoid it.
Let hope it doesn't end in a genocidal event. The odds are not good for avoiding that. Than I guess it is one of the goal of the bitcoion community. Avoid economic collapse and pull back the economy from the brink of collapse. |
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If they see that bitcoin is supporting "piracy", they might be more keen to try to shut down bitcoin.
Well, it's only a matter of time before some crypto-currency is used for the "shady areas" of the internet. IMO we may as well seize the moment and have that currency be bitcoin, since we already have the exchanges in place  . The only question is: who will develop the infrastructure? It seem like a lot more work than creating a simple web-service. Anyone who wants to take 1% of millions of small transactions. Not a real answer. I mean somebody who will actually do it. |
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If they see that bitcoin is supporting "piracy", they might be more keen to try to shut down bitcoin.
Well, it's only a matter of time before some crypto-currency is used for the "shady areas" of the internet. IMO we may as well seize the moment and have that currency be bitcoin, since we already have the exchanges in place . The only question is: who will develop the infrastructure? It seem like a lot more work than creating a simple web-service. |
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But for now, I'm more interested in why you believe increased inflation (as a component of stagflation) is inevitable.
The increase in money supply? |
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sorry if this question was asked already:
what will the
bitcoin prediction market
actually predict?
People put up a bet on things that they will think will happen. For example, who will get elected in 2012 US presidental election. Will the republican take over congress? The marketshare of the search engines. It will be mostly be something specific and easy to verify. |
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3) A sudden public crisis. This is the trigger event. Could be economic, political or natural (think Katrina); but it has to be a 'black swan' event that the vast majority of the public never expects until it is too late to avoid it.
Let hope it doesn't end in a genocidal event. |
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If they see that bitcoin is supporting "piracy", they might be more keen to try to shut down bitcoin.
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In order to bring in a little cash, and more importantly support the bitcoin economy, I'd like to offer my services up as a web developer and/or custom software developer (Mainly C#, but I can write in plenty of other languages), payable in bitcoins. =)
You could develop one of the niche listed instead. It benefit you and the bitcoin economy more if there are more web services payable in bitcoin. |
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I did another session of coding tonight. I created an empty template page for new user, wrote unit testing code, and generally making sure that you can't actually have empty username.
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I was thinking that it might make sense to decentralize the sweatshop to reduce overhead and make the micropayments to workers with bitcoin.
What possible legit captcha breaking activities would there be? What uses would it be to other bitcoin users, and what possible benefit would there be for the community? I dunno man, making 4000 gmail accounts to forward that email that makes Bill Gates give 1000 rainbows to dieing children? I don't know legit uses, but I hate solving them, especially that IRC one and I'd pay .5BTC if I could click and make it solved. Just a niche I thought of, prolly a bad one. Just pay .5BTC that prove you are human. If you can make spammers pay for everything they spam, you have done well. That works as an e-mail tax. Doesn't work so well in the case of captchas, which are usually for registration on a site. .5 is not enough to discourage a spammer form registering and too much to attach as a charge for every post. .5 * 1000 is 500 bitcoin. .5 * 10000 or so is 5,000 bitcoin. .5 * 100000 is 50,000 bitcoin. Imagine if the spammer want to register million of time across sites. The cost will run up very quick. Well, of course, you can adjust the price of posting a little bit. A spammer doesn't need to register millions of times though, just once per site. Then he just sends millions of messages. I think spammers' scale tend to be bigger than that. Anyway, it is distracting from the purpose of the thread, although it is important to discuss the viability unless someone decided to try it anyway. |
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I was thinking that it might make sense to decentralize the sweatshop to reduce overhead and make the micropayments to workers with bitcoin.
What possible legit captcha breaking activities would there be? What uses would it be to other bitcoin users, and what possible benefit would there be for the community? I dunno man, making 4000 gmail accounts to forward that email that makes Bill Gates give 1000 rainbows to dieing children? I don't know legit uses, but I hate solving them, especially that IRC one and I'd pay .5BTC if I could click and make it solved. Just a niche I thought of, prolly a bad one. Just pay .5BTC that prove you are human. If you can make spammers pay for everything they spam, you have done well. That works as an e-mail tax. Doesn't work so well in the case of captchas, which are usually for registration on a site. .5 is not enough to discourage a spammer form registering and too much to attach as a charge for every post. .5 * 1000 is 500 bitcoin. .5 * 10000 or so is 5,000 bitcoin. .5 * 100000 is 50,000 bitcoin. Imagine if the spammer want to register million of time across sites. The cost will run up very quick. Well, of course, you can adjust the price of posting a little bit. |
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I was thinking that it might make sense to decentralize the sweatshop to reduce overhead and make the micropayments to workers with bitcoin.
What possible legit captcha breaking activities would there be? What uses would it be to other bitcoin users, and what possible benefit would there be for the community? I dunno man, making 4000 gmail accounts to forward that email that makes Bill Gates give 1000 rainbows to dieing children? I don't know legit uses, but I hate solving them, especially that IRC one and I'd pay .5BTC if I could click and make it solved. Just a niche I thought of, prolly a bad one. Just pay .5BTC that prove you are human. If you can make spammers pay for everything they spam, you have done well. |
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I was thinking that it might make sense to decentralize the sweatshop to reduce overhead and make the micropayments to workers with bitcoin.
What possible legit captcha breaking activities would there be? What uses would it be to other bitcoin users, and what possible benefit would there be for the community? Nobody have volunteer yet for any of those niches, which I think in theory can be done in a few weeks time.(my niche is writing the software for bitpredict) |
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Does anyone know about the captcha solving business? Seems you could play .02BTC or something and resell them bulk slightly higher. I've heard $2-3/1000. If people would do them at .02 you would be turning 20BTC into $2.
I don't know the details though. Who buys them? Do they want particular ones solved on demand or is a solved batch good for something?
Not sure what you are talking about. I thought of bitcoin as a captcha itself. The theory goes that bitcoin are valuable stuff that spammers are reluctant to spend. |
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I don't know what you mean by 'go backward'. Do you mean after you have uncovered a square? No, once the mine goes off you're done.
No sorry, I mean trade points on the game back to BTC. No, I don't think so. That would be a violation of Facebook TOS as I understand it. This is simply another place to spend your BTC, and a pretty effective implementation he's done too. If only we could get all app developers to do it. The developer behind this project has done well. Now we will need to reciprocate by making something that he might want to spend bitcoin on. Fostering trade relations and interdependence is very important for a successful bitcoin economy. |
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The best way to get greater adoption is to find a way to let people earn them for doing things ie working for them. When people could earn them easily for generating there was a lot more buzz around the idea.Now that its not easy to earn them other than selling goods its died off a bit. Even clicking on an offer to earn a few coins is a lower barrier to entry than trying to come up with a product to sell.
There are quite lot of opinions on how to increase adoption of bitcoin, here and elsewhere. But anyway, creating a way of doing bitcoin jobs like Mechanical Turks is a neat idea. I put it down in my list of niches to fill. |
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Agree!
One route to broaden bitcoins is to increase activity and have more people sell stuff at BIDDINGPOND.COM
Currently, there are too few sellers. If some folks start selling there, this could change the game.
Too few buyers! People are selling money over there and it's going way under value. Selling money on biddingpond is silly. Well, I guess not if it is money that isn't traded through one of the exchanges, but selling dollars or euros there is silly. I am kind of surprised there is not a Russian exchange, considering how many Russian members the baord has. There already is a Russian exchange. Look in the marketplace forum. |
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