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781  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GEMZ]|GetGems - Social Messaging App That Pays | LIVE on Android and iOS | on: July 01, 2015, 01:56:16 PM
在中国 Getgems 是无法下载的,因为 google play 是被屏蔽的,我们需要有其它的下载方式。


Translation

Getgems in China can not be downloaded because google play is blocked , we need to have another way to download .
782  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GEMZ]|GetGems - Social Messaging App That Pays | LIVE on Android and iOS | on: July 01, 2015, 09:22:01 AM
Stupid project, wasted time.


Hello Kitty! Grin
783  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GEMZ]|GetGems - Social Messaging App That Pays | LIVE on Android and iOS | on: July 01, 2015, 08:16:04 AM
messenger app LINE is super popular there , almost everyone who has smart phone uses the app.

it became popular after huge TV advertisement marketing . And line related puzzle games are popular as well, kids spending money like crazy to buy sticker and also to buy credit to buy items within puzzle games,

Japanese and south East Asians love line character as well, I think the character is the key, it I would be very difficult  to become popular without having a cute characters in. Asia .

Yes line is pretty popular but i dont use it, when GetGems is ready it should be marketed big time before a big player copies the exact model and does advertise it big and im sure they will try. gg is much more innovative then line though, what does line have , a puzzle and some stickers? compare it to gg, they are the next huge innovations in the messenger world, i think its the biggest one ever even and all with the same simplicity and comfort for a regular user and Citi bank got it and they awarded the app while it wasn't half complete.

Also it's important to focus on audience outside the crypto community, aswell as through channels who don't have much to do with crypto currency but do like new innovations since here its full of haters talking shit on other coins to protect their own asset so will never hear an honest opinion, on the other hand a neutral person will pretty much like the getgems app and rate it without being biased.

I explained and showed getgems to my mom and its potential features, she was amazed and fascinated about it, she said its one of a kind and everyone should use such app.

If you want the price to go up you must get more downloads, thats the easy thing about this app, the more users the higher the price, simple. with 100k users do u think the price will stay at these levels? No it will skyrocket.

One thing Gems might be useful to learn about LINE is it seems many messenger apps seem to be country or regionally based. Kaokao talk is Korean/Asia, Line is Japan/Asia, Whatsapp is North American, Wee chat, China etc. I know an app isn't only from one region but its popularity seems to have a regional bias. I think some early marketing might be good to focus on a region or a niche, maybe say techie types or even say Africa with the focus on unbanked maybe. I don't have the answers but messenger apps do seem to have niches, a gems might need to find its niche. Though to some extent I guess we are trying to convert Telegram users which is kind of a niche.

I never used it but I heard Line has a wall feature like FB, I wonder if Gems would benefit from having a wall or not later?
784  Economy / Economics / Re: Is this propaganda? on: June 30, 2015, 09:36:59 PM
Many people including Ron Paul believe the U.S. Is past the point of no return in terms of paying off the deficit, so no it's not propaganda, it's maths.
785  Economy / Economics / Re: How too get rich on: June 30, 2015, 09:33:50 PM
Your reality of life completely altered by a time travel experience and you are focused on getting rich. I think this is a myth, most people would spend the time in counselling, therapy, soul searching, religion and generally wondering what the fuck is going on.
786  Economy / Economics / Re: DailyMail : Greeks rushing to buy Bitcoins as the country considers taking drast on: June 30, 2015, 09:21:51 PM
When did this forum become a Pump and Dump site?

I tried to suggest that Bitcoin is being pumped by stories about Greece that are actually pure speculation but I got moved while the pump it real good threads stay...

Are we not allowed to have any positive news about bitcoin? And how does the data about ramped up Greek bitcoin site traffic cited in the article fit as "pure speculation"?


Edit: The daily mail link seems to of closed. If the 'facts' are similar to the facts in this CNN article. then actually an increase in traders in Bitcoin is inevitable, ALL THE EXCHANGES will have a flood of traders at the moment.....from all countries. That dose t prove new buyers from Greece it just proves more people are trading who already are traders.

http://money.cnn.com/2015/06/29/technology/greece-bitcoin/index.html



You need a fake story from the mainstream news to feel good about Bitcoin? How about you feel good about a Bitcoin cause it's Bitcoin? The reporting from CNN for example if you comb through it actually is subtly negative about Bitcoin anyway. This more factually based story makes clear Greeks aren't buying Bitcoin. If you need fantasy in your life then can I suggest D&G.

http://fortune.com/2015/06/29/bitcoin-price-hike-greece-grexit/
787  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 30, 2015, 09:17:56 PM
You opinion is not illogical but a bit too Darwinian for me. There will always be a large proportion of a population that needs handholding. To not cater for them means Bitcoin stays a niche currency rather than a mainstream one. We do all benefit from mom and Dad using Bitcoin....even if they never use a Bitcoin wallet etc.
788  Economy / Economics / Re: DailyMail : Greeks rushing to buy Bitcoins as the country considers taking drast on: June 30, 2015, 08:42:22 PM
No one is rushing to buy bitcoin here.  Undecided I can't get why media report such false things.


Exactly......I think the interesting story here is Why is the media pushing that narrative?

Lazy reporting, or an agenda? I think some elites actually welcome a Greek collapse into debt hell. At best it's actualy a scare story to suggest that people are turning to Bitcoin cause they have lost all hope and are grabbing at straws type story. the truth is of the Greeks are doing anything they are probably buying Gold rather than Bitcoin.


http://fortune.com/2015/06/29/bitcoin-price-hike-greece-grexit/
789  Economy / Economics / Re: Bitcoin rally on the back of Greece is bogus. on: June 30, 2015, 08:38:00 PM
Well there is some evidence of it.

Quote from: CNN Money
The world's largest Bitcoin exchanges tell CNNMoney they've seen a surge of business from Greece.
Ten times as many Greeks are registering to trade bitcoins on the German marketplace Bitcoin.de than usual...
http://money.cnn.com/2015/06/29/technology/greece-bitcoin/



I'm skeptacle to say the least. Since when has sites like CNN prompted Bitcoin?

I just read some guy I assume from Greece say that he thinks no one is buying Bitcoin in his country. Sure maybe interest has increased but if a Greek hasn't bought BTC in the last two years it's highly unlikely he has bought in the last week. Why and how could they, the whole point is Greeks are holding fiat Euros in their hands and are locked out of their accounts???

Call me crazy but I see an agenda in these reports. My crazy conspiracy side wonders even if some want to crash the system.


This article is more factual..

http://fortune.com/2015/06/29/bitcoin-price-hike-greece-grexit/
790  Bitcoin / Bitcoin Discussion / Re: Lloyds issues Emerging Risk Report on Bitcoin on: June 30, 2015, 07:58:58 PM
This is a good thing, the larger exchanges can protect themselves a little bit now from hackers.  I wonder what the cost will be when it trickles down to us small potatoes.  I can't see insuring a major exchange is cheep to do.


Insurance companies are happy to insure anything for a price. I've been trying to put across the idea of a regulated bank that held Bitcoin as a solid asset so to work as a mainstream bank. insurance is an essential ingredient and if a Bitcoin bank that held Bitcoin proves they can hold Bitcoin with almost zero risk through offline, encrycrption, cold storage etc then an insurance company will I'm sure for relatively low premiums insure them. Insurance companies will take time but they won't shy away from business.
791  Economy / Economics / Re: DailyMail : Greeks rushing to buy Bitcoins as the country considers taking drast on: June 30, 2015, 07:49:27 PM
When did this forum become a Pump and Dump site?

I tried to suggest that Bitcoin is being pumped by stories about Greece that are actually pure speculation but I got moved while the pump it real good threads stay...
792  Economy / Economics / Re: Bitcoin rally on the back of Greece is bogus. on: June 30, 2015, 07:45:59 PM
And then the discussion stopped due to dogmatic MODS...

BUT still they leave articles about Greece in the discussion topic..


793  Economy / Economics / Re: Bitcoin rally on the back of Greece is bogus. on: June 30, 2015, 07:38:30 PM
And to be clear, I don't have a problem with the price going up, but like you said I don't think it's a demand supply change apart from the 'extra demand' from BITCOINERS wanting to get in on any rally. I just don't see a scenario of Greeks all rushing to buying Bitcoin now. If they didn't in the past two years then it's highly unlikely they are doing in the last week. The story does bolster the concept of Bitcoin Generally I do agree though. I'm sure more people are inclined to find out alternatives for their money, but as most Greeks are either holding euros in their hand or are locked out of their banks I don't see how they could easily buy Bitcojn anyway, that's the biggest joke about the narrative. They are bag holding fiat...
794  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Should you stay or should you go? on: June 30, 2015, 07:23:01 PM
People on here waiting to get a short term good price in fiat should go, I'm staying cause I'm not a retard that is looking to grow my fiat, groan.
795  Economy / Economics / Bitcoin rally on the back of Greece is bogus. on: June 30, 2015, 07:20:07 PM
Please MODS don't slip this away into the dark zone of the speculation thread.

I believe people thinking a banking collapse in Greece is fuelling a rally is purely psychological. The price is being bid up simply on the idea that it should be bid up.


Reason being, just like Cyprus the price of a Bitcoin didn't raise then cause Crypriots were rushing to Bitcoin. The fact is this, Greeks HAVE NOT LOST FAITH IN FIAT ONE LITTLE BIT. THEY ARE WORRIED ABOUT POLITICS AND BANKS! NO ONE THINKS THE EURO ITSELF HAS ANY RISKS! IF WE DID THE THE BANK RUNS WOULD BE ALL OVER EUROPE. ITS A BOGUS NARRATIVE AMONG BITCOINERS.
796  Economy / Economics / Re: Bank holiday in Greece on: June 30, 2015, 07:07:34 PM
Yesterday, nearly everyone in Greece was cut off from their money.  Even if you have 5 million euros in the bank, you are now stuck with 60Euros per day.  An irresponsible government, took money away from the people.  

Now do you think bitcoin is powerful?  People who had 5 million in bitcoin yesterday - still have 5 million today.  No stupid government rule is going to change that situation.  

Now go ask the millions of greeks with no money if they like Bitcoin.  As of today, nobody understands Bitcoin more than the Greeks.  

This probably is one of the drivers of Bitcoin's price rally.
People who had 5 million euros buried under their pillow, would still have 5 million euros today. It is a problem with the banks, not the currency. If you have bitcoin banks set up tomorrow, you will still face these problems (capital control, government intervention, etc).


the difference would be IF the bank was run on a principle of 1btc deposited,  1btc lent then the bank would actually have the money and not collapse of even everyone took their money out, the bank would simply wait till people were calm again and deposited money again. THE PROBLEM IS THE BANKS DONT HAVE MUCH MORE THAN 5% OF PEOPLES MONEY!! 
797  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 30, 2015, 06:57:33 PM
Hi, I'm looking for an email service that I can use to send a fax, can anyone help me?


You've stumbled on my point and argued for it. My wife insist on getting a printer with a FAX function. I'm like why the hell do you need to use a FAX machine, but it's what she understands and no telling her that she can just scan and email or there are fax services online that will send to a telephone number will budge her.


My point is Bitcoin for the masses needs a few things I believe for them to 'bank' with it.


One, the masses including your mom and dad will never use a system that if they lost some long string of numbers and letters lose their entire nest egg, they simply won't. People need their bank to offer insurance, which in theory is perfectly possible if A bank that holds people's Bitcoin proves the risks are low due to due diligence.

Two, people need some human trust and interaction so money can be tangible for them, even a website with a helpline does this. They need a physical address of a company, a CEO name and staff, financial regulation and accountability. Otherwise they will think shit they could just walk off with my money, this stuff is a must.

Three, People have been brainwashed to understand fiat, they want to pay for stuff in dollars, pounds and cents etc. not pay 0.00003 BTC for a T-shirt.


I am surprised so many people here can't accept a simple concept. Maybe if I describe what I'm suggesting as a coop bank or farmers bank it will be understood. Simply pooling wealth to gain community benefit to hold and lend money isn't exactly a radical proposition. The mainstream banks would by the way be terrified if someone started such a service as it starts to undermine their business, am I being attacked by CIA or Treasury agents on here?
798  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 30, 2015, 05:15:05 AM
A "bitcoin backed bank" sounds like a contradiction to me.

The whole business model of banks is all about unbacked money. Printing money out of thin air, lending it at ridiculous interest rates. And if people (or countries) don't pay back, have the tax payer take all the risk liability.


EXACTLY!!! Which is why what I'm saying in todays world is almost radical. A bank that holds an asset and is running on quite conservative concepts of lending and deposits...nothing more.

The fact your description is so far from what a bank is supposed to be shows the thirst out there IF people understood corrupt modern banking. The fact is many in the world over the next few years are going to get a first hand education in the fact the money they thought they had in a bank simply isn't there. There's your ready made market right there.


What would be real genius is is the structure of the bank forced them to be only be able to lend out a proportion of depositors money and with Bitcoin attached to a fiat then it might be far easier to control. Say you were lent 10BTC into your account but it showed up as fiat as an extra layer which the user could spend just like any other fiat, but the underlying Bitcoin value would be deducted. I mean at the moment when we use Bitcoin we are acting like our own bak basically, all I'm saying is why not give that responsibility to someone who is better at keep the coins safe etc.


https://www.youtube.com/watch?v=7I_k0tAnQ7U
799  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best performing release of 2015? on: June 30, 2015, 02:24:10 AM
Not too late to join the winning team.  NEMstake was worth as low as 15,000 NXT in 2014.  Today 2,250,000 XEM (an approximation of NEMstake) is worth 27,000 NXT.   That's almost doubling your NXT.   NEM is one of the few cryptocurrency projects which has consistently gone up in value.  



the distribution was a scam and people dumped straight after. A honest chart from release of NEM would show at least a 100% fall. Yeah brilliant...
800  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 29, 2015, 07:46:59 PM
It's not a bank your talking about, but a currency exchange (which a lot of banks do), but there are also places that just offer currency exchange. It would be nice if you could go to a currency exchange and convert bitCoins to cash and visa versa.

You originally put your money into banks to make interest and the banks would loan out that money at a higher interest. Banks used to beg for your money (they actually did give away toasters if you opened a account and you actually made ok money with the interest when I was a kid). Banks suck you dry now with all their fees.

The only way a bank would work with bitCoins is if they could make money from your deposits. bitCoins is not big enough at the moment for banks to make money from it. Until that happens, you'll be hard lucked to find a bank to take bitCoins as a deposit. They would also have to offer a incentive for people to want to deposit bitCoins into the bank.


I said nothing about looking for a bank that does it, I'm saying now why not just start one?

of course a bank makes money from loans to pay interest. that's exactly my point. Why are people referencing exchanges which are often anonomous and don't do what I'm suggesting ie provide a front of shop service which would work like any other bank and holds your money for you and gives you a card you can use that is denominated in fiat.

I think people have such a distorted view of what a bank is that they simply can get their head around the fact banks existed in the past and were not much bigger a business that a hardware store. A bank simply stores people money safely and loans as much as it thinks is viable to keep them in business and attract savers. it's not rocket science. An exchange isn't anything like what I'm saying. With this concept users wouldn't use Bitcoin they would use fiat up to the value of their Bitcoin in their account. YOU WOULDNT DEPOSIT BITCOIN, YOU WOULD DEPOSIT FIAT.

If I was Greek right now I would run at a bank that was backed by Bitcoin and if it existed and worked just like any other bank that even your mom could relate too, no Bitcoin wallets not secret keys, none of the shit that stops average people touching Bitcoin. A bank like this would have to focus on security, just like banks used to, ie vault etc. So they would want to hold Bitcoin in the most secure wallets and have multiple wallets etc, everything encrypted etc. Maybe if possible insurance that guarantees a persons deposits.

This is where Bitcoin needs to go for the mainstream.

The thing is that your talking about a currency exchange. Banks don't back up fiat money with some other type of currency. Why would a bank let you deposit fiat money and then back it up with something else that changes in price compared to that same fiat money? What would be the benefit to the bank or the customer? bitCoins fluctuate in price when compared to another currency, just like gold does. Either the bank would lose money or the customer would depending on which way the price of bitCoins compared to the fiat money goes.


What you have shared is pretty sad. Ypu basically have said fiat is safe while Bitcoin isn't. If you believe Bitcoin grows from this point then depositors would only be winners in terms of fiat value. You don't think in the early banks the value of Gold changed?
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