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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: June 11, 2013, 02:11:33 AM
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2  Other / Beginners & Help / Re: What are your favourite BTC accepted online stores? on: August 24, 2012, 06:08:17 PM
Silk Road. I love the idea so much.
3  Other / Beginners & Help / Re: [Business Opportunity] Looking for a Business Partner on: August 24, 2012, 11:20:36 AM
...50% is a lot for coming up with the idea...

Think of it as 20% profit to the developer (though, if you truly expect success, a flat sum paid for the work involved gives the programmer more confidence)

wouldn't you have liked 35% of microsoft (hey! no one knew what will happen) instead of 50.000 $ back in the 80's?

And I am sorry, but I personally would not invest any amount of work in a business where I will get a flat pay when that business can profit after my work forever. Besides think how bad it is for me: I pay a guy 100 coins (as example), he does the work and then he leaves....he has no interest in staying to further improve and work on the idea. 100 coins later, he takes off and I am where I started. I need a partner not an employee.

...the rest into operating costs. Server, bandwidth, advertisements, support, oh shit fund, etc. If you end up with a large operating fund, you can either expand or have bonuses (to yourself or anyone operating with you).

Operating costs are minimal. Although I appreciate the feedback and arguments, an internet based business has some pretty low maintenance costs.

Besides, I do not see the point of you making up some percentages to suit your individual preferences when you have no idea about what the business is all about.


I do some web programming, but I've got absolutely no idea whether I want to be involved in this. And there is no way in hell I'll sign an NDA.

Please tell me why you left this reply in the first place then? I fail to see the point.

Ideas are a dime a dozen.

Thank you for sharing your oppinion.  Huh

As I am far too lazy to pick apart your response into well contained quotes, I'll just respond all at once.
First, I'm honestly curious as to what the idea is. That is why I responded in the first place. Like I said, I have done freelance work. As far as risk for me would be concerned, a flat fee is better for me. I'd rather get the payment and know that I'll have money in my pocket for when I need it. Sure, having 35% of Microsoft would be nice, but what about all those other ventures that didn't take off? Is your idea so incredible that it should be compared to Microsoft? Besides, how long until your idea be making returns? Adoption of whatever it may be could take a while.

Look at it this way, a flat fee is basically saying that you are willing to take the risk and a percent of profits is me taking the risk. Besides, my time is money. I would want to be assured of a return on that time, not some promises.

Your original post said you wanted this up and running in 1 or 2 days. I don't think if you had a programmer set this up in such a time frame that it would be so complicated that another couldn't be hired onto a proven business venture.

Of course I made up percentages, I don't have the knowledge of what you are doing. But I've seen many businesses fail when people underestimate the operating costs. Such large profit margins are actually a red flag. At least to me. Hell, if you feel that this has the propensity to make such profit, why are you even looking for a partner instead of learning to code yourself?

In my experience, all this usually shows that the idea hasn't been though out enough. Perhaps I could change my mind if I had more details and more information.
4  Other / Beginners & Help / Re: [Business Opportunity] Looking for a Business Partner on: August 24, 2012, 10:26:20 AM
I do some web programming, but I've got absolutely no idea whether I want to be involved in this. And there is no way in hell I'll sign an NDA. Honestly though, 50% is a lot for coming up with the idea. An idea is nothing unless you put the hours into developing it. As a freelancer, the people who just have the idea are some of the worst in my experience to work with. Not saying you are, but its a warning sign for me.
If your 50% includes the server, I'm sorry. But that should be in operating costs. Think of it as 20% profit to the developer (though, if you truly expect success, a flat sum paid for the work involved gives the programmer more confidence), 20% to you, and the rest into operating costs. Server, bandwidth, advertisements, support, oh shit fund, etc. If you end up with a large operating fund, you can either expand or have bonuses (to yourself or anyone operating with you).
5  Other / Beginners & Help / Re: Hello everybody on: August 24, 2012, 10:16:42 AM
While this ought to have been posted in the introduction thread, my tips are to read, read, read, and read some more. And be wary with your coins.
6  Other / Beginners & Help / Re: Newbie New Website Ideas UK GB Starting Focus on: August 24, 2012, 10:10:43 AM
As someone who would enjoy a good bitcoin website (especially since I find almost everything out there utter crap at the moment) please limit the ads on your site. I know you'll want to make revenue, but coinurl links are annoying. And I will close a site if half the page is advertisements.

Overall, I think it could be a good idea as a comprehensive bitcoin resource if done well. Good luck.

Oh, and as for your last question. Personally, I think it would be better to go it alone, or find someone willing to help with the site. There is no reason in my eyes for you to ask for money in order to create the site. Money should come from content, not people 'investing'. At least for a startup site.
7  Other / Beginners & Help / Re: Welcome to Bitcoindevs - the friendly Google Groups forum with focus on Bitcoin on: August 21, 2012, 05:04:18 PM
sron, I've read many of your posts. I won't be joining your new forum because I don't feel you are ready as a possible investment for me. Either my time, or my bitcoins. I admire your audacity and perseverance, but your inability to handle criticism (even if some of it is inflammatory) has made me extremely wary.

When I see a concern posted about an investment or an idea, I don't want to hear someone whine about the forums being unfair. I want to hear a legit, thought out response.
8  Other / Beginners & Help / Re: Ethicality of 100Gh/sec..... on: August 21, 2012, 04:53:34 PM
I've heard of people doing this and getting expelled. I don't remember if it was for mining or whatnot, but the idea of surreptitiously installing software and harvesting is usually frowned upon. I've even heard of IT members losing their jobs over it.

Is it ethical? I don't know if I can be a good judge here. Ethics are essentially personal questions. You obviously have worries about its ethicality, so it sounds like you are already convinced its a bad idea.
9  Other / Beginners & Help / Re: Who thinks that newbie restrictions are pain in the ass, bump this topic! on: August 21, 2012, 04:43:54 PM
Pain in the ass? Yea. 4 hours is just annoying although I like the post restriction. I'd probably just lower it to 2 hours. Then again, 5 posts in two hours could be pretty spammy.
10  Other / Beginners & Help / Re: Welcome to the Bitcoin Stock Exchange (BSE) on: August 18, 2012, 08:23:51 PM
This will be good. Lets sit back and watch the fireworks.

Lets have a stock exchange... with only one stock.
11  Other / Beginners & Help / Re: selling portable vaporizers (magic flight launch box) 3 BTC on: August 18, 2012, 08:21:20 PM
As interesting as this sounds, tormail? newbie account. Oh god. Besides, I like the people who make/sell the MFLB. I highly suggest people buy legit. Get the power adapter too if you are really into vaping.
12  Other / Beginners & Help / Re: Looking for investor of 8.5 BTC on: August 18, 2012, 08:19:06 PM
Everyone who says scam or posts negative remarks have automatically disqualified themselves as investors in this project.

I want to work with reasonable people, the kind of people who do not judge too quickly, the type of investor who recognizes opportunity and legitimate projects.

I do not want to work with cavemen who as soon as they notice something they do not recognize start throwing rocks.

At the moment I am working on some other projects and I will return to this thread as soon as possible.

BitDragon, I will get back to you.

haha. I have always loved this investor mentality.  Everything I have read here does not comfort me that you are mature enough, have a solid plan, have risk mitigation thought out. There is no way I would ever imagine investing in this.
13  Other / Beginners & Help / Re: New Faucet for free bitcoins every 24 hours BitcoinAddict.com on: August 16, 2012, 04:58:27 PM
Thanks. I love these. They don't really amount to much, but are a nice thing to do every once in a while.
14  Other / Beginners & Help / Re: What do you spend your BTC on? on: August 14, 2012, 07:46:19 PM
none of your business

this is the beauty of bitcoin.
15  Other / Beginners & Help / Re: Trojan Wallet stealer be careful on: August 14, 2012, 07:25:23 PM
If you have more than 1000 Bitcoins in your wallet:

1. get yourself a low cost netbook.
2. Install not bloated linux (like archlinux) or FreeBSD or OpenBSD (in order of growing paranoia).
   - make sure that the above is done with ecrypted partitions and swap (plenty of guides on the net).
   - make sure that the above is done while offline as much as possible (for truly paranoid ones).
   - make sure that you do not not even configure wireless hardware, let alone using it
   - physically plug in Ethernet cable when you need connectivity for a minute or so
3. Install bitcoin client, generate a bunch of bitcoin addresses (current account)
4. Over time transfer in small amounts your funds from your existing client to the addresses created in step 3
5. Keep this used exclusively as bitcoin client and nothing else, plug in Ethernet cable when you need to transfer money.
6. Keep this hardware wallet safe.
7. Creating a bitcoin savings account and making secure backups is still need to be done as described in multiply guides elsewhere.

P.S. Do not forget your passwords.

Is it just me, or is this sort of overzealous to keep our wallets safe?
16  Other / Beginners & Help / Re: Introduce yourself :) on: August 14, 2012, 07:22:39 PM
Hi guys. My name is Peter. I've really curious about the sustainability of bitcoin and cryptocurrency in general. Hope to be around for a while.
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