nice jobs, our site keep getting more and more professional each day. Certain body parts...up!  |
|
|
|
|
if ever there was a great time to buy, it is now. buy buy buy!!!
|
|
|
|
Btw, I should make aware the community this fact, I get emails all the time requesting me to accept this coin or that coin. My standard reply is this. I share this to show you that I have consistency with my point of view.  |
|
|
|
The problem I see with waiting, is what happens if an exchange begins trading bitmark and then turns out to be a bad player?
This is also my concern, we should recognise that exchanges and mining pools will often be the first point of contact people have with Bitmark, in a way they are part of our public face. If they are incompetent or a bad player it will reflect badly on the efforts of all of us, the first place people will come to complain is here. It is responsible for us to consider our future users best interests, whilst remaining as neutral as possible. Due Diligence. We should also remember that mining pools and exchanges are also Bitmark adopters, to be in communication with them and consider their needs will help. We may need to change some code, or ensure that checkpoints are created regularly, or other steps. I was considering reaching out to a pool operator as well. Right now most of the network is mining on one pool, which is dangerous. But I had another thought instead. What if the bitmark foundation ran its own pool? Mining fees go straight into the foundation fund to support the pool and the project as a whole. I'm not a pool operator and honestly I don't even know what it would take to set one up, but maybe there is a member already here who knows how to do this? the best idea I have heard all day. +10 |
|
|
|
I would support BTM being on an exchange only in the following manner...(an exchange come to us here in this community, get to know us a community, become so moved by the support and establish base of the original ideas of this project that the exchange then says I see great potential in this community and the support there to: I will list this currency on my exchange.
If this happens or a situation very close to this, then the merits of the community would be a represented in the perceived value of our currency and the exchange would see that and act accordingly.
What if a user base of adopters vote with such conviction that an exchange decides to add bitmark? Personally I feel the ideal is a mix of both, the exchange comes to the community and is moved to add it, while adopters also back up the decision with votes of confidence. Let me ask this question...How many people that have BTM so far has went to someone and asked them to accept BTM in a trade other then a currency trade, like "would you accept 10 btm to babysit my kids? Or , I will trade you 100BTM for 2 dozen eggs? Something to this effect? It is a good question, three services that I know of 1. ethought accepts BTM for the use of his mining service (1%) 2. Allow has accepted BTM payment for his graphic design services 3. All of my own work and future work done for the bitmark foundation Now let me ask you a question, after reading the How to Order section of your website, if I were to email you with an order for one "Natural Beef Jerky Slab Original 3.25oz Bags", and offered to pay with BTM, would you accept the order? If so what price would you specify today, and how would you calculate it? How do you calculate the price for the other currencies you accept? If not, why not, what would it take for you to accept BTM as a payment option? I have been waiting for someone to do just that yes I would accept btm, amount would be negotiated at the time this would happen since all other coins that I accept all already on an exchange by the time someone places an order, of course I use the dollar value conversion , at that time. For example, i recently had an order places requesting the use of drk. The dollar drk/btc value was 0.0115btc per darkcoin. I have set my dollar value at a contact to $10.50, so that time each bag of jerky at the current btc value would have been 0.01667(btc was right at 630 at this time. 10.5/630=0.01667. so to get the drk need per bag would be 0.0115/.01667 which gives 1.449. This is what was invoiced per bag, and this is what my customer paid for each bag of jerky ordered. nice and clean. Now since there is not establish trade value with btm, the whole process from my perspective as a merchant would be made on negotiation, once that is done of course I would use this as a basis from future pricing. Good old school 1 on 1 haggling |
|
|
|
I would support BTM being on an exchange only in the following manner...(an exchange come to us here in this community, get to know us a community, become so moved by the support and establish base of the original ideas of this project that the exchange then says I see great potential in this community and the support there to: I will list this currency on my exchange.
If this happens or a situation very close to this, then the merits of the community would be a represented in the perceived value of our currency and the exchange would see that and act accordingly.
What if a user base of adopters vote with such conviction that an exchange decides to add bitmark? I feel the ideal is a mix of both, the exchange comes to the community and is moved to add it, while adopters also back up the decision with votes of confidence. Should we be inviting the input of reasonable exchange owners, or should we wait until the come across bitmark? Notice I say input here to discuss any merits of bitmark, not to discuss adding it to an exchange. It is my opinion that we should wait until the exchange comes to us. My rationale of course has already been stated. Even for their input, I would say let them find out about bitmark organically, even if this take months. |
|
|
|
I would support BTM being on an exchange only in the following manner...(an exchange come to us here in this community, get to know us a community, become so moved by the support and establish base of the original ideas of this project that the exchange then says I see great potential in this community and the support there to: I will list this currency on my exchange.
If this happens or a situation very close to this, then the merits of the community would be a represented in the perceived value of our currency and the exchange would see that and act accordingly.
What if a user base of adopters vote with such conviction that an exchange decides to add bitmark? Personally I feel the ideal is a mix of both, the exchange comes to the community and is moved to add it, while adopters also back up the decision with votes of confidence. Let me ask this question...How many people that have BTM so far has went to someone and asked them to accept BTM in a trade other then a currency trade, like "would you accept 10 btm to babysit my kids? Or , I will trade you 100BTM for 2 dozen eggs? Something to this effect? |
|
|
|
Can you tell us why you want the process of adding Bitmark to an exchange to begin now? I think your reasons would help those who feel it is too early.
To be honest I have mixed feelings. In one side I don't want an exchange now, because I'm here to hold longtime. I am not going to let go of my bitmarks atleast for a minimum of 6 months. But on the other side the bitmark community consists of very few members at the moment. It is known and supported by very few members. I know that early adopters of a cryptocoin should have the advantage but there is also an idea of fair distribution. I am new to crypto and I am also new to mining. So many people don't know how to mine or even rent one. I don't know why but I think this coin has a great future. The more the coin is distributed, the more it is advertised and the more exposure it gets. Greater number of supporters and FUDers  , the more famous a coin becomes. More people will come who will develop third party apps and maybe also lend you a hand in the future. In short it will be widely adopted if it gets an exchange. By the way even if we add a request for adding Bitmark to an exchange, I think it'll take a minimum of 20-30 days for it to get added. Valid points, I respect them all. Your final point, that it will take time to be added is good. Perhaps your suggestion answers our questions, if we agree that Poloniex is a reasonable exchange, then it is fair for us as a community to say 'if you want an exchange for Bitmark then we recommend it be this one'. Whether Bitmark is added or not, and when it is added, then rests with those who would find it useful to be there. I am okay with this approach, it feels balanced, and resolves the issue. I feel it is important to hear what deepcoreotc feels about the above. On a different topic [18:36] <EsteNuno> if all people were just hoarding them and not giving them [Bitcoin] away as freely as people used to we might have never reached this point
[18:37] <EsteNuno> people like to make fun of the guy who bought the pizza, but that was the first thing that i remember circulating around the internet among regular people
[18:37] <EsteNuno> the white paper was around for a while
[18:37] <EsteNuno> but the pizza was something that actually made it real
[18:44] <MarkPfennig> it was certainly a positive landmark which enabled people to think of the digital currency as having real world value and utility. I was very pleased on that day.
[18:45] <MarkPfennig> Sadly Bitmark can have no similar landmark, we can perhaps create our own.
[18:45] <MarkPfennig> That is a good question, what are some milestones for the project?
[18:45] <EsteNuno> hmm, i'll have to think on that
Here is my stance on the above about adoption Let us not again misinterpret adoption with speculation. So here we must define adoption. I would define adoption as the usages of a currency, ie bitmark, in the exchange of a good and or service. Traders on an exchanges are not transferring tangible(physical goods, or service). So early trading on an exchange has little reliance to adoption based on the definition here in stated. I would support BTM being on an exchange only in the following manner...(an exchange come to us here in this community, get to know us a community, become so moved by the support and establish base of the original ideas of this project that the exchange then says I see great potential in this community and the support there to: I will list this currency on my exchange. If this happens or a situation very close to this, then the merits of the community would be a represented in the perceived value of our currency and the exchange would see that and act accordingly. Now that many exchanges are moving away from the voting scheme, I foresee that many exchanges will start to focus more on initial community support then attempting to purchase a spot on the exchange. |
|
|
|
I think natural adding process to exchanges it's the better choice. I see no reason to delay. define natural adding process To add an ALT to an exchange do you need to submit it? Always? No. Not all coins must be submitted to get on an exchange. If the exchange ops determine that a coin has trade value and that others would also agree with this , then the exchange ops themselves would seek to add said coin. There are many element and matrix used by exchanges to make such determinations. . |
|
|
|
I think natural adding process to exchanges it's the better choice. I see no reason to delay. define natural adding process |
|
|
|
Bitmark will end up on an exchange one way or another. The sooner it happens the easier people can get involved.
If you want to petition the exchanges and gather votes to get BTM listed, no one is stopping you. If enough of the community wants the same thing, then it will get listed. This is true, and if this does happen, then BTM in the absolute offers nothing different then the already 500 plus alt coins that exist and this project will be treated as such. It shouldn't really matter what happens. The value is supposed to be earned over time by adding useful features and creating a stable code base that is easy to use. Right now what we have is an up to date version of Bitcoin which uses scrypt. That alone is actually better than all the other coins using the very outdated versions of Bitcoin that Litecoin forked from a long time ago. However, no one is deluding themselves into thinking that simply having the updated Bitcoin core is enough to compete in the modern cryptocurrency marketplace. We're just using this as a solid base to start from. The value will be earned when we can determine what features are necessary to add to result in a useful currency for daily use. We have a general idea right now to start out by making it easy for shop owners such as yourself to accept Bitmark and to that end coinsolidation is going to be working on an improved API at some point soon. To me, it doesn't matter one way or the other whether it gets listed on an exchange. It's not going to change anything. There is no way we can stop people from using a public currency anyway. The focus is long term and nothing that happens now is going to change that. The project is bigger than whether it gets listed on exchange x or exchange y. If it was selling for 1 satoshi or a million satoshi it still wouldn't change anything about the project. This is just a distraction from what we all really want to see: progress on Bitmark. the term/word progress is a relative and open term. My question would be, progress in which direction? Progress in the initial fundamental goals of the project, or the recent shift in perceptive attitude towards getting listed on an exchange early? These 2 progressive directions in my opinion are in contradiction to one another. Stating this again in a different way, we can not have both progressive directions this early on at the same time. My rationale to this point is given here https://bitcointalk.org/index.php?topic=660544.msg7874858#msg7874858 |
|
|
|
Bitmark will end up on an exchange one way or another. The sooner it happens the easier people can get involved.
If you want to petition the exchanges and gather votes to get BTM listed, no one is stopping you. If enough of the community wants the same thing, then it will get listed. This is true, and if this does happen, then BTM in the absolute offers nothing different then the already 500 plus alt coins that exist and this project will be treated as such. |
|
|
|
How do you guys expect new people to get involved with bitmark if they can't even get coins? Not everybody is a miner. I had to rent my hash power because I don't have scrypt hardware and I know I'm not the only one. So how do people like me who are interested in bitmark acquire coin without an exchange?
This is why exchanges are important, The actual price is irrelevant. People need a place to get Bitmark, and yes that means they need a place to sell it too.
Comparing us to bitcoin in the early stages is like apple to oranges. Bitcoin wasn't listed on any exchange because they didn't exist yet! There are dozens of them now.
the same way people did in the beginning with bitcoin, did you not read my post. here is the link. https://bitcointalk.org/index.php?topic=660544.msg7874858#msg7874858 |
|
|
|
|
Until this exchange situation is settled, I will be pulling my supporting hashing power. I do hope that this situation is addressed for the last time and I may return to supporting this project in earnest.
Jay
|
|
|
|
The project has progressed well since the OP was created, all I have done is update it since then. It would be reasonable to rewrite some sections so that they are more applicable to the current status.
Our OP must be crafted in a way that inspires people like you who all ready here, not marketed to everybody with hype and speculation.
Between the lines of these posts I see a message coming through: many want to support the project and mine to keep some bitmarks, but often people have running costs and unless they are supported in their running costs they cannot support bitmark.
Something could be crafted so those with money could support those with hashing power, and the proceeds split between them. Maybe this feels centralized and is not so open to the wider community, or maybe it is fair.
Or perhaps exchanges of some kind are a necessary part of the organic growth.
A fair balance must be struck while we earn our value.
Is this the area which we need to address first as a community? I feel it is becoming important.
In the beginning of the crypto currency world, there existed not exchanges as we see them today. To quote from Andreas Antonopoulos among the best way to exchange is meetups. And I do agree in earnest. The unfortunate thing about exchanges as we see them currently is that 99 percent of the motivation in using them is purely speculation for the means of capturing their fiat price value in return. While speculation is not a problem in of itself, for a so called or would be currency , speculation is a significant problem and tends to give a false expression of the "value" as a currency. Hence the "price" instability that we see at large in the whole of the cryptocurrency space. I use the term currency loosely here, for they are not currency as of yet. Merely speculation tokens. I would agree to have BTM on an exchange earlier(under 2 years after genius block) if it was the case that lets say, I was going on vacation, say to Greece, and a large section of the city in which I visited has embraced BTM as a medium of exchange and/or unit of account. Let us suppose that the community in which this were true, merchants wisely gave a purchasing discount for using BTM over local standard fiat currency of their lands. Then an exchange(in this example) may have a very important function in relation to the facilitation of the "conversion" of local currency in the sought after currency which would be BTM. In this example of course the exchange would not have been used as a price speculation platform, on the contrary. I will stand behind my position against BTM, being place on an exchange at this time. The temptation to resist the emotional aspect of currency speculation will overshadow any early attempts to earn value by using exchanges as a mean to this end, even in the attempt to limit this by using so called small exchanges would be detrimental for the very same reason given previously. There are and most likly will always be many more unsophisticated emotionally driven people using exchanges that do not understand or even know the difference between value and price. Value and price are not always reflected in harmony. It is my most sincere effort in seeing that this projects early initiative of becoming a daily use currency be adhere to. I hope that my previous analysis statements against early adoption usage of exchanges give credence to this fact. Jay |
|
|
|
since, no one sent me bids for the 10k that I put out there, then it seems to me that there is no demand for said coin, that being said, the first mjcoin address that I receive will get my whole stash of coins. Please send address in pm. Thanks and good luck
I send you a pm sent remember to cure your jerky cravings at http://jaysjerkyandgoodies.auctivacommerce.com/ |
|
|
|
|
Show Posts
FOR 
