Here's a way to get extra bitcoins or income...

Looking for the first 10 users who would like to be added to our sponsor list at gbvault.com.

You only need two things. A minimum of 100 posts and our banner at the bottom of your signature.

Being a sponsor means that:
1. You own one complimentary 50GB backup account on our server for your own personal use (similar to Carbonite Pro).
2. When new people use your referral code, you receive their first 2 payments. That equals anywhere from $15 to $75 per referral (two months in a row). Sponsors with five referrals currently signed up receive the first 3 payments.

You do not need to put the extra promo line of text (as seen below) if you do not wish, but then obviously you can't reap the benefits from referrals.

If you would like to try out our software first, the installation includes a 30-day trial; so you're free to test it out.
We are wrapping up some final construction on our website, which should be complete coming right up in July.
Also, for people concerned about data security, the software supports up to 448-bit military level encryption. The encryption password is stored on your own PC and without it, you cannot restore your data. So essentially, all we store on our servers is data confetti.

EXAMPLE:



10% off with Promo Code #4345



That's it. Feel free to PM or email me if you have any questions.

I'm probably gonna wait until they hit 1 cent and buy like $100 worth. Just incase  
Now if only bitcoin would do the same thing.

Hmmm, what shall I do with my measly 211 namecoins? 

What's going on. Value was like $1.25 a week ago, now its more like $0.30.

I know about the whole ICANN TLD thing.. but not too much else to read unless you leave your IRC window open all day and read peoples speculation.

Any thoughts? information? 

I see a couple problems in the immediate future. Now hear me out before you try and answer these in your head.

Problem 1:
Maximum volume will be 21 million BTC. However this will not satisfy a global market.
The United States alone has trillions of USD. Now I understand that BTC can be broken down, but read on.

Problem 2:
Significant difficulty increases and current value of BTC are leading many to cease mining within the next 60 days.
A growth stunt at 80K users is a real issue! We need 80 million, not 80 thousand!


Addressing Problem 1: (Insufficient Volume for a Worldwide Market)
Ok.. your thinking this isn't really an issue since someone can just sell a pair of shoes for 0.000050 BTC, yeah yeah... but I'm telling you that will never settle with humans.. ever. People don't want to hear that their products are only worth 0.00005 BTC. But here's the solution. Change the client software to uBTC (micro-BTC). People will be inclined to sell a pair of shoes for 50 uBTC. Even though this is the same number, this gives the BTC World Market 21 trillion uBTC - fit for a global economy, and a more psychologically friendly usage of numbers.

Addressing Problem 2: (Growth Stunted at 80K-120K Miners)
People are about to walk away, sell their rigs.. tell their friends the easy money is over. Your thinking they're whiners, too bad they missed the goldrush and they can just go crawl under a rock. The truth is, we need 80 million, not 80 thousand. So this is a problem. Now, if we switched to uBTC in the mining clients, they would see they are ALL still early pioneers, not earning .05 BTC per day, but earning 50,000 uBTC per day. Obviously if the world caught wind of this 50,000 per day opportunity, and the growth exploded more (eventually to 80 million miners), then people would be earning more like 50 uBTC per day (1000 times less). Now we are at a more realistic mining rate at the global level. 80 million users = a real economy.

What do you all think about uBTC? Would it help today, tomorrow, eventually?

We need the client software to become better developed, more secure and it to show 0.000001 BTC as 1uBTC or something. Humans will not accept buying shoes online for .000060 BTC, it needs to be 60 uBTC. But a good outlook on things Hawks... guess we are still all early pioneers, and earning 3 BTC per day may be a tremendous amount of currency.

I wonder... when people start dropping out of the race with their rigs, but yet media coverage results in more new people who instead use their existing single video card, I wonder how close difficulty will level off compared to electricity costs. We are all just hoping many rigs get turned off by their owners, but how many more thousands of new people will mine with what they have when they hear about bitcoin.

It seems like someone could write new hashing software that will utilize what a certain card is good at. Perhaps not though.
Would be kinda cool if AMD would release a special mining card; would be certain to sell out.

Rograz, why are they blocking SHA-2?

Lol, a hilarious read  

Just to point something out; the backups are encrypted on your own PC with up to 448-bit military level encryption and then uploaded. The only way to decrepit the data is with your encryption password (which resides on your PC). So essentially, all we are storing on our servers is data confetti.

And sorry about your spam issues. If you got something from us, we got your back. Enter the contest, odds are probably gonna be like 1:15.

FreeMoney, sorry you are getting hammered by spam probably mostly due to someone leaking that list.
We made a mistake and wanted to apologize and also pony up some prizes for people.
Wouldn't you want everyone that is spamming your email to do that? The difference is, we aren't intentionally spamming anyone.

I see. I wonder how people will adapt to accepting .002 as something valuable when we are currently used to paying 1.00 or 100.00 for something.
I agree with the idea of breaking the coin down, but will the common folk accept .000025 for a t-shirt one day.

Not really following you

A maximum volume of currency and predictable inflation are great ideas and solve some current problems... however, what happens when large amounts of the bitcoins are permanently lost due to drive failure, lost passwords, theft of laptops, fire damage/flood, death, etc...

If millions of people are using this cryptocurrency by the year 2020, then more and more of these cases are bound to occur. Will they ever inject more bitcoins into the magical bitcoin forest? Or how will they tackle this problem since there is no real way of accounting for all the current bitcoins in existence.

Hello Bitcoin community,

If you received a "spam" email from our website on 6/20/11, please feel free to PM or email me.
We apologize; a "marketing professional" provider contacted us and sold us a bitcoin community distribution list.
After a section of the list was mailed, we very soon were alerted that this was not the case and immediately stopped.
Fortunately, only part of the list was emailed.

I have already spoke to some about the incident, but wanted to post for all the others I did not speak to.

If you were one of the unfortunate ones whom received an email, please email us back at support@gbvault.com and we would like to enter you into a small contest to win one of many prizes, ranging from thumb drives to power supplies to hard drives. Please include [Forum - Bitcoin.org] in the subject. Put your forum nickname (and your email address at the time) in the body of the email.

Once we complete the contest, we will post all of the winners and their corresponding prizes.

Thank you for understanding,
clint25n
http://gbvault.com

  20% off if you sign up in June/July 2011
  If you admin a website and post an ad, get 3 months basic free
  For every 10TB filled (~75 users), we give away a free 2TB hard drive each month

http://www.gbvault.com
-Fast -Safe -Secure

[if you received an email with our information, please PM me]

Yea, about that gbvault one...
See Post http://forum.bitcoin.org/index.php?topic=19812.0
Sorry again!

GBVAULT (please read)

I didn't know about this whole stolen account thing until a few mins ago.
And someone just happen to send an email to us today offering to be part of a limited number of vendors to have their bitcoin distribution list. And that their terms of agreement allow us to send 1 email per quarter. I'm out some bitcoins now and feel like a moron. I shoulda looked into it more, but it was too good to be true. After I got through a small part of the list, I received some angry emails. Wish I was bitcoin rich cause I'd be sending one to every person that just got emailed. Sorry guys!

Or at least check into it first.
Got some angry emails after sending out to a distribution list that someone sold me for some bitcoins.
After reading through this forum, I think others are encountering spam. I feel like an idiot.
I'm glad I caught this a short way through the list because there was much more to go (the list was long).
A few people replied (to the gbvault.com email) and apparently this list is not a legit distribution, it's a stolen list of emails.
I am both apologizing and warning others. It was of course too good to be true.

GbVault
Online Data Backup
www.gbvault.com