+1

This is a great idea, and I'm posting mainly to make sure I'm able to keep track of this thread since the forum subscriptions don't work.

Please keep us up to date, and I'd be willing to help fund development of this idea.

Surely you don't expect the students to write and execute on a plan for 3 btc?

This is a good btc-earning opportunity for these students.  I'm trying to think of some myself but am having a hard time, er, executing.

This is a really interesting question, because what makes bitcoin appealling versus regular old paper money, also makes it vulnerable to obsolescence.

Because everyone using Bitcoin is using them on a computer, connected to the internet, a competitive P2P currency can be downloaded by everyone very quickly.  The barriers to entry are very low.

I don't think the primary threat to btc1 comes from a technically superior btc2 though.  I think the threat comes from a more widely-accepted btc2.  If Google, Facebook, Zynga, eBay or some other middling to large internet player comes out with their own fork, it could instantly become the defacto standard.

People won't adopt btc2 because they see the brilliance of a p2p cryptocurrency, they will adopt btc2 because they want to buy a tractor on FarmVille or some cookware on eBay.  FarmVille has 50 million users.  How many people are members of the btc1 universe?  Twenty thousand?  Even if btc2 is technically identical to btc1, the miniscule btc1 economy will not be even a speedbump in the way of btc2.

I guess everybody has their own idea of what is "fair", or even that there is a right to their definition of fair.
If I was supreme leader, my definition of "fair" would include giving Satoshi, the other developers, and people who furthered the growth of bitcoin a larger share of the btc.

Some others might think Satoshi should get it all, and yet somebody else might think the government should have control and distribute at will. 

The question isn't "is it fair".  The question is, "is this the way of the future, and will I be sitting on the platform or will I be on this train when it leaves the station - whether I'm in First Class or baggage."

Sometimes it's more fun to challenge people's assumptions and definitions, that to simply assume what they are saying is valid and trying to answer it.

The new bitcoinmarket looks pretty slick... but their last news update was March 3.  Has anyone here been using the new site, and are the bugs worked out?

Thanks Nevermore, I'm taking humble up on his offer.

Are you in the North or South?  Good to see another Ontarian on here.

humble, you have a PM

Atlas don't worry, if we were in the same state I'd send it to you.  But things seem to get held up crossing borders, and the Cdn government wants their 13% when it crosses too.


We did try this, from 2 or 3 angles, and were unable to make a connection.  Maybe the modem is the problem?

I did try your guide... it was going o.k. until I rebooted.  Linux tries to start, then restarts, restarts, etc.


I'll see if there are any Ontario bids first... shipping across the border seems to take forever.

Things have taken a turn for the worse and now Ubuntu won't boot up.

I'm looking for someone who can install Linux, and get a miner going on this box if I mail you the drive.  I'm looking to plug n play.
If you're in Ontario that would be a bonus...

Let me know how much you'd like in btc, and what country/province you're in so I can factor in shipping cost and time.

Thx

Any forum members who have made a purchase from bitcoinrigs.com and want to provide feedback?

I remember the first time I saw email.  That blew me away.  I thought the post office would be going out of business.
Then I was introduced to the www via a meeting at the local community college as there was no public access in our city yet.  My earliest recollection is of the Ford motor company website, which actually looked pretty sophisticated.

I just wish I knew then what we know now about where the web was headed.  Of course, we're still in the earliest stages of this phenomenon.  YouTube is only 6 years old,  Facebook not much older.  Twitter younger, and bitcoin, even less!

Agreed.  All those Facebook wall posts will be great marketing.

Not only is this another way to get USD into bitcoin, it also looks like it will be the easiest, cheapest way for those of us in countries where we can't buy bitcoin by bank transfer.

You're in SoCal right?  Probably you run into celebrities all the time down there.  Can you get a video of Paris Hilton with a sign saying "will work for bitcoins" or maybe Charlie Sheen with a sign "bitcoin, for winners"?

It seems thinking of good video ideas is more difficult than one might expect.


Do you know any people that already have a YouTube channel and get a few viewers regularly?

Good work!
We need one like this for Canada.

This is a variant on the kickstarter model.  The difference being that your supporters (ie: investors) can actually earn a return on their investment:


http://www.appbackr.com/

Something like this for all kinds of bitcoin apps, not just iphone apps, would be a helpful way to spur the development of the bitcoin economic infrastructure.

What skills do you have... bmxing, skateboarding... what about other things that do well on YouTube: play any instruments?  Do humour? Any technical skills that you could make 'how-to' video for?  Can you do animation?  Can you rap?  Any small kids in your household?  Baby videos are always big hits. 

I'm paying for views, not for bruises!   In fact just to make sure this doesn't go awry, the offer is only good if you DON'T wind up in a hospital or funeral home.

Anyway, you're selling yourself too cheaply.  You should hold out for more btc out of this forum crew.


I like it!

if the stunt biker video goes viral it could be a great way to spread the word about bitcoin!  Just include something like "this painful moment brought to you by bitcoin" at the end or something.

Assuming it isn't a crime in this jurisdiction to incite someone to ridiculous behaviour, I'll send you 100 btc at today's exchange rate if the video gets 5,000 views by the end of May.  Maybe some others will chime in with donations, or bigger amounts for bigger view numbers.

I know at least a few of you are fans of Elliott Wave.
Are any of you following this guy?

http://www.tradeyourwayout.com/

I found him last summer, when he was calling for 1300 in the S&P and a continued rise into spring 2011.  All of which irritated me as I was expecting a decline much sooner. 

However nothing succeeds like success, and it seems like he was on to something.  We'll know more in the next 6 weeks.

Just wondering if you follow him and how accurate you've found him to be over shorter time frames, or if there are some other elliotticians you prefer.