Ich hab jetzt aber nicht genug Geld für einen Wald und auch nicht genug Kapital um ernsthaft ein Unternehmen zu gründen. Und eine Pizzaria oder Imbiss nicht Erfolgsversprechend.
- mach ein Asset auf bitfunder... "Wald", welcher Anteile an einem guten deutschen Wald repräsentiert.
- warte auf hype
- verkaufe shares viel zu teuer
- warte auf ernüchterung
- kaufe den ganzen Wald
- alternativ: kaufe garkeinen Wald sondern tu nur so und sag er ist abgebrannt
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Explained Bitcoin to a room full of people last night.
It went from "Why would you want them, who backs them, isn't this a ponzi?" To "Where can I buy some?" in under 15 minutes.
congrats. how? Let me guess, it was at a "anonymous weed user" meetup? Ah, no. That would've taken only 1 minute. |
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Low volume means most people are happy with their positions.
So where are all the newly enlightened users?
waiting for a drop that wont come or for fiat that wont come on a sunday. |
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Now I want to sell CDT, code time. Also maybe create a freelance agency, that buy CDT from programmers ( that offer on ripple their CDT for the rates they wish ) and then resell that CDT to those that want freelancers coding for them.
I just started to write this: This might become quite interesting. So if a large group of coders (most of them) demanded CDT for their work, acquiring a bunch of CDT on the market (by trading) would be a prerequisite if someone wanted to do a software projects ("have you secured the CDT to pull this off yet?". This would drive the price of CDT up, while coders actually doing work, getting payed and trading their CDT for something useful (BTC or EUR or whatever) will have the effect of lowering the price.
but I'm not sure it makes sense. Replace CDT with EUR and it works the same way, no? What would be the differences? |
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I've just extended trust to bitstamp for 10 "BFG" bitcoinFridge currency.  My ripple address rNTXjBWitdKUxr6o1zyi4FsjQ8UeP3JCKd We're going to run out of 3-letter identifiers at some point  |
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This is an awesome idea, a creative way to use ripple. I suppose there will have to be a network of FAV trust extended between people. It seems reasonable to trust most people for one favor, right? Can you do a half a favor? Or are these only sent in whole amounts? We're discussing in the thread how to roughly value a FAV (time based?). I suggested people shouldn't "charge" each other in FAV, though. I would like it the be totally voluntary for the recipient of the favor to decide the amount and wether he pays FAV at all. |
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So if my skilled work is worth, I don't know, 10x minimum wages in my country I could charge 10 HRS per hour of work?
sure... if you can compete that is... just like today. The hour of unskilled labor is just like a base standard, and an intuitive one at that which everybody would agree upon. True. How about not "charging" people but making the FAV something where recipient of the favor decides for himself the amount he wished to pay? If you want to be payed for your work I suggest to use BTC for now. I feel payment of FAV should be voluntary and decided by the recipient of the favor. It's like saying: "Thanks, dude. Now I owe you one". |
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how would you measure how much 1 favor is? one favor may take 5 seconds, another a whole day to do
something like "Hours" (1 hour of simple work, like any neighborhood help) should be built into ripple (fixed, i.e. in the dropdown). Then it would instantly replace all centralized barter websites.
You don't measure it. The favor is already an irreducible "fundamental unit" in terms of which other things are measured. If you and your Ripple friend mutually agree that it is a favor, then it is a favor! If you don't come to an agreement, then it is not a favor! Simple as that. Whether it takes 5 seconds or a whole day is irrelevant. Well, I think I disagree. There are big favors and small favors. Wether or not this is relevant depends on how we want to use the currency. Maybe we'll pay each other for little work we do at some point. Then it'd make sense to base it on time. If we want to use it to keep track how helping and nice to others someone has been, sort of as a reputation tracker, this also applies. |
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Placed a bid for 1 FAV. Let's figure out what the market thinks a favor from molecular is worth!
If anything it would put a value on "a favor" in general. Btw: I suggest to make this like one of these time-base local currencies. What do you guys think: "1 minute of time doing a favor for someone" = 1 FAV? |
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Placed a bid for 1 FAV. Let's figure out what the market thinks a favor from molecular is worth!
I don't know how to interpret this:  I did not create such an offer. Also can't find it anywhere. Hmm. I had entered an issue earlier and Stefan closed it: https://github.com/rippleFoundation/ripple-client/issues/233 |
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No prob.
Done.
YHPM.
payment and shipping address received. coin packaged. will send tomorrow. |
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so... can I do anyone a favor? I have too much FAV debt.  |
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Yay! I always wanted to be an early adopter of a new currency! Digi @ ripple rHCSeQNZZz7FWbxvLjB2RzF1CrBeUcDj7J you now are proud owner of 0.2 FAV |
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@zulzedd: can you post a screenshot of your 1 FAV balance?
@Digigami: what's your ripple address?
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Alright I'm gonna give this ripple thinggy a try.. molecular I think I have trusted you with 1 FAV now as well
ok, but you didn't do me a favor . However, I'll send you 0.1 FAV. also: YAY, a new debt-based currency is born:  and: FUCK, I'm already indebted |
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zulzedd, I sent another 0.1 FAV, that seems to have worked. Did you get it?
I'll try to send another 0.9 FAV.
I also just added trust to you with 5 FAV, so you should now be able to send me some.
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Would someone trust me (rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU) with 1 FAV, please, so I can try sending some?
5 FAV trusted!  Tried to send 1 FAV, got this:  thanks for the Favor, I sent you 1 FAV. At least i got no error. However I can't see "-1 FAV" in my balance and nothing in history. I also noticed it took very long (20 seconds or so) to calculate the path. But it seems it found one. I'm going to try to send another 0.1 FAV to you. |
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anyone can create own currency in Ripple system?
Maybe not technically yet, but in essence (or soon): yes, I'm pretty sure that's going to be possible easily. Can be used for example to run a local currency or niche currency or game currency or whatever. EDIT: actually lol, I think it might already be possible: I managed to extend trust for "1 FAV" to someone (you can actuall enter stuff into the dropdown boxes). Would someone trust me (rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU) with 1 FAV, please, so I can try sending some? |
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Important Article: http://silvervigilante.com/coinlab-repatriates-funds-to-us-no-thanks/"GoldMoney and Bullion Vault use ViaMat for storage. Many of the retail storage facilities, at the end, use ViaMat to store metals. Although playing right into the hands of the bankers, there is no evidence that this is a backdoor way of mass market drive-by-shooting to occur in Bitcoin, just as it does in silver. As essentially a new “exchange,” Coinlab can now technically enable just a few individuals or organization to trade and sell on the exchange without Bitcoin backing their trade, since they could, technically, BE the exchange. So, my concern is that this could be the entrance of 33 Liberty into the Bitcoin market to sell BTC they do not have and, as silver vigilantes will know, tank the price." hm. I don't think your hypothetical situation is comparable to the paper silver game. On some days there's the equivalent of a years worth of silver supply being traded in paper. That would equal 1.3 million BTC (1 year of production). That's just a quantitative comparison. As for the qualitative one: Do you think if I own 1 SLV contract, I could have 5,000 oz of Silver delivered to my door? I don't think so. With BTC on mtgox/coinlab it's different. The buyers of the BTC in your scenario of a massive sell of non-existing BTC might well decide to click on the "withdraw BTC" button, forcing mtgox to come up with "real BTC". This danger of essentially a bank run makes it unlikely for mtgox/coinlab to do this. But maybe I'm misunderstanding? |
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