i think it would be interesting to contact them about it and ask....
Yes, that's a good idea. |
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The "law" of supply and demand is kind of like the law of gravity. It doesn't really tell us how things always are. It tells us how things tend to be. You can ignore the law of supply and demand; it's not impossible. But as a consequence you will run out of some scarce resource at the least opportune time. Just as you can ignore the law of gravity, and feel free to jump off a cliff.
Some people survives falls thousand of feets in the air...but I wouldn't bet on surviving a fall thousand of feets in the air. |
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The marketplace and the Russian forums are larger than what they appears to be. I know this face but I dislike the inaccuracy caused by forum subdivision.
It's a minor issue...but still...
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I am tired of the effort in censoring everything for the sake of Public Relation.
First they come for the drugs. Next, they'll come for the gambling, which is by the way...is illegal in the US. Then they will get rid of sex.
Moderate and keep the business forums efficient is what we should be doing as mods anyway.
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I bet there will still be donation to the EFF after this.
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I'm more curious about the number of bids everyone else's websites are getting, and at what rate. I want to be sure I price my own site(s) competitively, and use the best/highest paying ad format. Without these metrics, it's kind of leaving publishers out in the dark.
Not a fan of the minimum price range....but we do need better tools. |
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I would hope the owner of the site could chime in as to why he decided to set it up this way, rather than display the current bids up front. Transparency is a good thing, and the site that he is emulating (project wonderful) shows all the current bids in any search or browse function you use.
Publishers used to not be able to see information about their own website's statistics from the pointview of the advertisers. Now it's possible. I wish for a page that I can link to for potential advertisers though. |
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All of the bids on everyone's site, or just your own?
Just my own. |
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Deflation is simple math in a growing economy. Bitcoin says it is built to create a stable economy. Really it is built to create an extremely stagnant economy. It would be better if their were an algorithm for controlled growth over time. I am for Bitcoin. BUT As value and population increase in an economy and you don't grow the money supply, deflation is inevitable. Everyday central banks are attempting to not only protect against inflation but deflation as well. Here is an example......
A deflationary growth economy is by definition isn't stagnant. Here, in the bitcoin economy, we have deflation but it isn't stagnant at all. |
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As to the idea that forum.bitcoin.org is not an official forum, sorry but that's naive.
Why? What makes anything on bitcoin.org official? No code is hosted here, and the bitcoin.org resources are not controlled by anyone currently involved in development. There are no links to bitcoin.org in the Bitcoin software. Off-topic posts should already be deleted or split in any section. It's hard to notice off-topic posts when you're reading dozens of threads at a time, though. More reports are needed. It is the de-facto site of the bitcoin community and the bitcoin project. It is the closest thing we have to "official". |
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Seems that slashdotters are getting pretty irritated with the constant barrage of bitcoin news. Same in Hacker News. There's alway a couple of oddballs who think bitcoin is the stupidest idea they ever heard. |
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If we're going to use bitcoin.org marketplace as a hub of commerce, let act like it is a hub of commerce.
Simple rules:
1. Don't hijack other people's threads for your opinions, especially when they're trying to conduct business transaction or access trustworthiness.
2. Offtopic chatters will simply be moved to split off to some place else.
I think they're already in place anyhow, but I don't moderate the marketplace forum for thread hijacking much.
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As a publisher, I can see all their bids.
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And what exactly is the problem in joining a sane, stable marathon? I have yet to see a single economic or technical argument against my suggestion. I think most "skeptics" are simply happy with the current system because they want to earn huge early-adopter profits when more patsies join in.
I'm even beginning to seriously doubt that Satoshi (not his real name) specifically designed the system that way so he could get away with whatever he made at the very beginning before the network went public. The dude could simply be a millionaire now. You guys are just hoping to become mini-Satoshis when more people jump on board.
If you don't want to join in the bitcoin spectulation and ignore all the arguments that been made, that's fine.  When somebody invest 10 million dollars into the market, it's going to increase the price widely anyway. You can't expect price stability at time of extreme adoption. In the meantime, I will keep posting that bitcoin bubble comic everytime somebody cry "BUBBLE!" on this forum. More traffic for me.  |
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That comic was not created by me. I paid somebody to create it and I paid somebody 22 times total for content on http://bitcoinweekly.com. I have one current employee, several freelancers, and two cartoonists over the lifetime of Bitcoin Weekly. I hope you paid them after the price crashed not before  I am even employed by somebody else. Some spectulative economy, eh? If you received your bitcoin sallary around the 12th of April you probably wouldn't mind the speculative economy. If you got it around the the 10th of May though you would've been on my side now. Did ya know the marketplace is buzzing with so much activities that moderators have to subdivide it into sell and buy?
So? I never said it wasn't growing. I said it was a Ponzi scheme. A growing Ponzi scheme is still a Ponzi scheme. Moreover, Ponzi tickets were a valuable commodity at a time. Tell me, how would a commodity buyer or a service provider like to price their goods/services to a roller coasting currency? I personally would never sell anything in BTCs unless I can liquidate it into fiat within 24 hours. Make that 12 hours if the transaction was huge. How does that serve a "medium of exchange" purpose? Hell, you can't go on vacation for a week without worrying your coins might be worth next to nothing by the time you come back. That's poison for any currency. You said virtually the whole market is speculative, right? So, is that 95%, 85%, 75% or what? How would you measure it?
I don't need to "measure it". Suffice is to see the price skyrocket 10 fold in a month before crashing 50% within 10 days. I don't think that was due to the increase of genuine demand on bitcoin, do you? The bitcoin market didn't expand 10 times in a month before suddenly shrinking to half in 10 days. The current design has turned this beautiful idea into a speculative den. Actually, I paid my writers through all the turbulence. I dropped the payment rate there and there, but I don't remember much raising prices. The price deflation was extreme that I was not sure if I keep pace with the salary. I don't have any regret at all. Growing the bitcoin economy is a marathon and my business is not a sprint. |
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