We have to remember the fact that this seems to be a steady incline in the prices and not some huge pump toward the moon like back in 2013.  Everyone on here is getting so antsy for some huge increase in a short matter of time... while they forget that a huge pump will ultimately see a huge dump.

Lol, it's always good to have some kind of competition in the market, and it's pretty inevitable if there is a company or a person making a good amount of profit off an idea, there will competition to face soon enough.. no one is going to allow you to have the market all to your self.  What you are asking is to have a monopoly on the "bitcoin clothes" area, so you can jack up the prices whenever you want, and say "I'm the only person doing this, so if you want said product, you must buy from me."

Also, lol at "Gangster bitcoin chains"...

 

You know you are selling to a bunch of nerds right? If there are people genuinely interested in getting "Gangster chains" for their bitcoin collection, at the most it will probably be two or three people, and those people will only probably buy one...

I believe if we stay on this steady price increase, we will be just fine... as long as no huge pump happens where it spikes the price, there will be no huge dump... Slow and steady wins the race gentleman.

I say you should do it! Personally, I couldn't think of a better person to represent Monero... I would just try to get a very good understanding of what you're trying to talk about and accomplish by going there.  If it's just getting people aware of a new digital cash for the ages, with a twist of entertainment, I think you got it in the bag.

Ok, so question... If bitcoins prices do end up "sky rocketing" when China gives the green light... Wouldn't this in turn just demotivate China's government once again? The main point of the article was saying that China is starting to like Bitcoin because it's less volatile and can be regulated... If prices sore upwards, there is a bigger chance of a huge dump, and probably drive their government away...

Or am I just reading too much into this?

I would imagine it will steadily increase... but it honestly just depends on what area of your country or which country, for that matter, you live in.  I know in the U.S. there are more and more bitcoin ATM's being set up and local businesses that are adopting bitcoin as a valid payment, but in the state I'm in has yet to see it's first BTCATM, and only one or two stores accept bitcoin at the moment... and those are jewelry businesses, not your typical coffee shops..   

I think the problem with that, is the fact that most people don't link their cc's to their exchange site of choice.  I know I don't (or can't; got discover)... so that makes their bitcoin purchases not instant.  But for the people that are able and can get instant bitcoin purchases, I would see that would be a possibility... Not quite sure.

$4000 would definitely be way too much.  If someone is just trying to start a PvP site where the site doesn't need a bank supply to ensure that they can pay out the winners, since it will be players playing against each other with their own bets, then all they would need is money for someone to code (if they already can't) and money to host a site (if they predict they wouldn't have the bandwidth to support incoming traffic).

I'm still speculating that it will go above $300 by the end of this year... I'm predicting $325, and by the end of November I think it can get up to $280.  But for some reason, I feel that December is going to be a "rocket to da moon" type of month.  People are worrying about the price increases before and after the halving, so I think people will stock up before the new year begins.

A little while back, people were really pushing the idea of getting Uber to start allowing drivers to accept bitcoin payments.  I think this will be a huge push for advertisement, because (drunk) people might want to know what the QR codes are for and what they are supposed to do with it... Maybe not though... Most people who use Uber are drunk to the point of being very talkative with the driver or about to throw up in their center console.

But the thing is, is that it did go below $200 for a very very short amount of time... I think sometime in August or beginning of September?  But regardless, people are now starting to wake up and paying attention to the prices now more than ever so they can "go in" on a good price point ever since the "big" spike.

Idk, I think it's refreshing that this group of "monerians" are making a valiant effort to try though.  Plus, even though it may end up being "centralized", it won't (including bitcoin) ever be as bad as the private banks which prints more money it doesn't have.  There's a finite number, which therefore makes it better IMO.

I think the difference between "earning" and "buying" is the fact that it creates an incentive for people to start using bitcoins and have the potential to increase purchasing power for themselves.

So let look at signature campaigns for an example.  My signature campaign pays me .12 btc per week if I reach my limit, and not X amount of $ in bitcoin.  So compared to when bitcoins where going for ~$200 when I started it only got me around $22, but now since the price has risen it gets me about $28-$30 of bitcoins... so instead of being payed in money at a base salary compared to a base salary in bitcoins, there's a huge difference...

The same can be said in the other way, if bitcoins go down in price, you get less "purchasing power" in the currency you chose to be paid in.

No kidding... I woke up today feeling confident about my small purchase last night, now I'm feeling quite stupid.  Oh well, guess I'm going back to work to make up for the losses

Wow, that's very generous of you to just "give" them .25 BTC out of generosity... unless...

But seriously, I've tried countless times to try to persuade, anyone for that matter, to use bitcoins and they basically just see it as some kind of scam.  I don't know, maybe people will start to realize the benefits of cryptos in the future in my little "circle" of friends.. but until then, I'm a lone wolf. 


I definitely know that feeling.. lol.

Good for you! I know, it would take a lot of time and effort doing campaigns for low ranked members... plus adding up giveaways and promotions might be worth a couple 100K satoshi, but I would assume that couldn't be much.  But that's interesting you made a good profit from gambling, what kind of gambler are you? 

Also, doesn't it make you want to try to earn more and more every day?... you know.. "gotta catch 'em all"?

How do you guys have a "strong track record" if you haven't even created the site yet?  What record are you referring too?  I understand trying to sell us on key points that the website would do, but don't say you already are known for doing something you haven't even done yet.

lol, this thread isn't about "would you buy" 1 bitcoin... and also I think it would be smart to start buying rare physical coins, because they will appreciate in value over time, regardless of what bitcoins price becomes.  I really wouldn't buy any other kind of "good" with bitcoin.  I would just trade it for altcoins that I currently see profitable in the long run, or physical coins that I see profitable in the long run.  For me, it's all ways been about the long run

I'm putting as much extra funds as I have into bitcoin as I can currently afford... but as of right now, unfortunately that's not much.  What I was getting at is that I think it would be dumb to sell out a lot of your bitcoins you have, when you can see a clear rally coming.  There has been so much progress and news out there of businesses starting to incorporate bitcoins, banks starting to look at the block chain (I know what your thinking, and no, they won't start there own crypto "coin"), more regulated and better exchange site platforms that allow major players to start buying crypto (Ex: gemini)... There won't be a Gox, because I don't believe there is or will ever be another Gox situation... at least I sure hope not.

I mean, I couldn't agree with you more.  But every time I think of this relationship of between adverting/marketing and technology, I see it as an relationship to Apple vs Windows vs Android... Apple seems to succeed through a type of advertising where it's very elegant and simple at the same time.  Then Android or windows has a superior technology compared to Apple, but you see EVERYONE using Apple products.. because it's simple and pleasing to the eye.

I think there would be a big beneficial factor for Monero if it incorporates both, and what better time to start now?