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1741  Other / Meta / Re: Busting up the Project Development Subforum and the Mining Subforum on: May 18, 2011, 08:10:26 PM
A lot of sites and business announcement pops up in the bitcoin marketplace, but some do pop up in the development forum.
1742  Economy / Service Discussion / Re: OperationFabulous: Seriously? Second most hits, and no ad bids? on: May 18, 2011, 08:00:21 PM
If you want bids, set your minimum bid to 0 bitcents. That is how bitcoin weekly operates.
1743  Bitcoin / Bitcoin Discussion / Re: Quora discussion - Is the cryptocurrency Bitcoin a good idea? on: May 18, 2011, 03:52:40 PM
Haters are sooooo jelly!

Haters gottach hate. It's what they do and their sole purpose in life.
1744  Economy / Economics / Re: How to discourage hoarding - brainstorm on: May 18, 2011, 03:21:42 PM


We need to do something about it and if they haven't woken up by now, we need to figure out alternate ways and means to get them to adopting BTC. This may happen anyway but I would like to speed up the process!

Saying we need is a lot different than doing. Yes, everyone would like the average person to adopt bitcoin. And we're working on solutions to problems anyway.
1745  Economy / Economics / Re: How to discourage hoarding - brainstorm on: May 18, 2011, 02:48:06 PM

The only obvious potential downside is if one of them dumps too quickly.  I imagine that there will be a market for accountants managing Bitcoin Billionaires.

Rich hobo bitcoiners don't need accountants to manage their wealth! http://bitcoinweekly.com/articles/bitcoin-rising

All they need is the ability to run and escape from anything.
1746  Economy / Economics / Re: How to discourage hoarding - brainstorm on: May 18, 2011, 02:39:46 PM
First let me say I am excited to learn more about a private currency with no central bank authority to control it. A colleague who I respect though offered the criticism that Bitcoin (BTC) will not get off the ground because people will hoard the currency. Thus even if the BTC economy starts having to use fractions of  BTC it might hinder wide spread usage. I have to say I agree partially with his sentiment, though:

1. the same could be said of any stable thing of value given the rapidly depreciating currencies from governments of the world
2. this will send price signals to the market to encourage better value to entice BTC holders to spend them

However I agree that I want BTC to take off sooner rather than later as a viable currency. I agree with the hoarding fears because I myself have an instinct to hoard as many BTCs as I might be able to get, with my only fear being BTC will not take off or be cracked down on by authorities, thus harming the BTC value.

To combat the hoarding issue, I would like to brainstorm on ideas for making BTCs easier and more commonplace for use. We need projects to encourage and make it easy for suppliers of goods and services (stores, businesses, individuals) to accept BTCs and then the demand that is already there will be more easily met by supply. I think the speed of transactions is definitely a hurdle currently for point-of-sale transactions at neighborhood stores for example. What can we do to spread the idea and adoption of BTC?

Using fractions of BTC is not a problem. We just move the decimal. The bitcoin economy is growing just fine with people hoarding bitcoin.
1747  Bitcoin / Bitcoin Discussion / Re: Quora discussion - Is the cryptocurrency Bitcoin a good idea? on: May 18, 2011, 02:30:29 PM
Thought you might like this comic:

http://bitcoinweekly.com/articles/reactions-to-bitcoin

Basically details 4 common reactions to bitcoin including Game-changing, scam, stupid, and indifference.

Apparently the "internet economist" thinks it's stupid and scammy at the same time.
1748  Economy / Economics / Re: Moving away from BTC, like the Gold Standard? on: May 18, 2011, 07:46:09 AM
Asking an economic professor about bitcoin, which they probably never ever research in their entire life is probably like asking Newton about black holes and Chaos. He would have no clues.
1749  Economy / Marketplace / Re: BitBank is now in Beta on: May 18, 2011, 07:33:46 AM
We should lock this thread

Nobody in their mind will do business with this man unless he offer something of value. Losing bitcoin in a bitcoin ewallet is not something that most people call valuable.
1750  Economy / Service Discussion / Re: OperationFabulous: Seriously? Second most hits, and no ad bids? on: May 18, 2011, 07:27:18 AM
 Huh

Meanwhile I get paid 1 BTC a day on operation fabulous.  Grin
1751  Other / Off-topic / Re: US Reaches Debt Ceiling, China Bond Auctions Fail on: May 18, 2011, 07:19:03 AM
US is screwed

Bitcoin will rescue the US economy!
1752  Bitcoin / Bitcoin Discussion / Re: Bitcoin concept is groundless TECHNICALLY..this article says..Can anyone defend? on: May 18, 2011, 07:07:48 AM
i honestly say that only for their own sake. it's not like i'm betting against bitcoins in the main block chain. indeed, i own quite a few through mining. i am concerned, however, when i see people speak of waking up as millionaires or planning for their retirement based on similar positions. moreover, that runaway enthusiasm can very possibly end poorly for bitcoin as a technology, and the technology deserves a better chance.

The way you make millions is to literally build a business in the bitcoin economy and finding niches that are profitable. That's the probably the best way to give bitcoin a fighting chance.
1753  Other / Obsolete (selling) / Re: Advertisement opportunity on: May 18, 2011, 06:19:58 AM
Have you ever consider using http://operationfabulous.com to sell banner ads?

It work well for me considering that I get paid 1 BTC a day.
1754  Other / Meta / Re: So the respect feature is back... on: May 18, 2011, 06:06:49 AM
I guess not.
1755  Other / Obsolete (buying) / Re: Polish Speaker Needed on: May 18, 2011, 06:03:52 AM
Hi,

I'm a native Polish speaker. BitMarket.eu is in both english and polish, which was written mostly by me. What do you need exactly?

Just a verification of a bitcoin article translated to Polish.
1756  Other / Obsolete (buying) / Polish Speaker Needed on: May 18, 2011, 05:50:56 AM
I need somebody to check a Polish translation to make sure what I gotten is not crap. It's .10 bitcoin for the job.

Please note you must have a reputation of speaking Polish or doing something with Polish language to qualify. Post here first and I'll talk to you via PM.
1757  Economy / Economics / Re: What happens if the US bans the use of bitcoins? on: May 18, 2011, 05:44:57 AM
The US will NEVER ban Bitcoin. The US might pass some legislation that appears to ban Bitcoin, but in actuality it will not be banned, ever. It is an impossibility. However they CAN and might ban the purchase of bitcoins using USD or the purchase of USD using bitcoins.

So it's like whacking bitcoin moles? http://bitcoinweekly.com/articles/bitcoin-comic-whack-a-mole
1758  Bitcoin / Bitcoin Discussion / WeUseCoins video skyrocketed on: May 18, 2011, 05:32:26 AM
Well, I believe it was only 50,000 pagviews a few weeks ago and now it's 100 K. http://www.youtube.com/watch?v=Um63OQz3bjo&feature=player_embedded
1759  Bitcoin / Bitcoin Discussion / Re: Why isn't bitcoin GPL? on: May 18, 2011, 04:58:07 AM
The GPL is just another form of intellectual property which is incompatible with Libertarianism.

Which is why you should donate 1 BTC to my magazine because it's the only public domain bitcoin magazine one the planet.
1760  Other / Off-topic / Re: Debate as a Bloodsport on: May 18, 2011, 04:30:28 AM
Please collect data because this is just perception.
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