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Author Topic: The right way to bring the bitcoin value up 10x in 6 months enstabilishing it  (Read 1636 times)
cedivad
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October 19, 2012, 09:48:38 AM
 #1

Persuade Kim Dotcom to use it as a payment method for its next project, he is in the frontpage of Wired in this month iusse.

Just think at the implications of this!

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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RaTTuS
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October 19, 2012, 09:53:45 AM
 #2

https://bitcointalk.org/index.php?topic=119187.0 may be a much better way

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

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cedivad
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October 19, 2012, 09:58:57 AM
 #3

The avg reddit user is a nerd and might already know of bitcoin.
The average megaupload user does not.

Now take 10 million unique newbies daily with a 0.01% chance that they will read "Bitcoin" on the Dotcom's website.

Now, that is HUGE!

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
chmod755
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October 19, 2012, 11:47:59 AM
 #4

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The right way to bring the bitcoin value up 10x in 6 months enstabilishing it

If the company "accepts Bitcoin" for payment it won't add a lot of real value to the economy (just a lot of speculative value) - however if they actually use the Bitcoin income (e.g. to pay for the servers, development, etc.) instead of converting back to fiat it would probably add much more.
cedivad
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October 19, 2012, 12:05:38 PM
 #5

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The right way to bring the bitcoin value up 10x in 6 months enstabilishing it

If the company "accepts Bitcoin" for payment it won't add a lot of real value to the economy (just a lot of speculative value) - however if they actually use the Bitcoin income (e.g. to pay for the servers, development, etc.) instead of converting back to fiat it would probably add much more.
You don't get it.
IMO, the only thing we have to do is to spread the word.

The word is that you can buy things online with bitcoin. It's safe and easy. It's the Internet concurrency made from the Internet for the Internet.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
chmod755
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October 19, 2012, 12:13:16 PM
 #6

IMO, the only thing we have to do is to spread the word.

The word is that you can buy things online with bitcoin. It's safe and easy. It's the Internet concurrency made from the Internet for the Internet.

So you're telling everyone to use a currency and all you contribute is "spreading the word" and hoarding them? That's not real value you're adding, it's speculative value……(building a bubble...."get rich quick")

Of course Bitcoin has advantages, but we need to add value by adding products and services if we want Bitcoin to become successful.
cedivad
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October 19, 2012, 12:23:34 PM
 #7

IMO, the only thing we have to do is to spread the word.

The word is that you can buy things online with bitcoin. It's safe and easy. It's the Internet concurrency made from the Internet for the Internet.

So you're telling everyone to use a currency and all you contribute is "spreading the word" and hoarding them? That's not real value you're adding, it's speculative value……(building a bubble...."get rich quick")

Of course Bitcoin has advantages, but we need to add value by adding products and services if we want Bitcoin to become successful.
No, absolutely wrong.

The biggest thing people don't realize is that 1) there are advantage using bitcoin 2) its not a scam, you can really buy things online using it.

Having a website visited by 10m people daily accepting bitcoin a would be a fantastic way of spreading this concept.

Once this concept spread, the rest will come by itself.

People are hungry of the financial system as of now.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
chmod755
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October 19, 2012, 12:31:07 PM
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No, absolutely wrong.

The biggest thing people don't realize is that 1) there are advantage using bitcoin 2) its not a scam, you can really buy things online using it.

Of course you can really buy things online using it, but do you remember the $30 bubble? People spread the word and crashed it.

Having a website visited by 10m people daily accepting bitcoin a would be a fantastic way of spreading this concept.

And then this service cashes out in USD and the value is pretty much the same (maybe a few bucks more)…

Once this concept spread, the rest will come by itself.

Disagreed.

People are hungry of the financial system as of now.

That's true, but your strategy of spreading the word and contributing nothing won't bring Bitcoin to $50…$100……
cedivad
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October 19, 2012, 12:39:35 PM
 #9

Maybe you are right about it not bringing the value up 10x. Guess what, i really don't care. Yea, i cheated, the title is to bring in as many people as possible because i really believe in this thing.

I cannot understand your point, imagine megaupload starting to accept bitcoins. Imagine 1000 users daily that are introduced to the idea and 500 that pays with bitcoins.

Now imagine that 10 other similar website copy megaupload and allows the users to pay via btc, because hey, it's a great idea to let people pay without the fees of cc!

6 months and bitcoin would become popular among people who practice file sharing.

It would become established among this niche and prove itself useful.

How long before it bearch out this niche and spread to other sectors? How long till an amazon competitor start accepting it?

Really, i cannot understand your point.

This idea IMO is genius.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Spekulatius
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October 19, 2012, 12:49:09 PM
 #10

Its a great idea (although thought before, cough) and I hope it works!

Now to make it reality how do we convince Kimble to accept bitcoin on his services?


He already retweeted Bitcoin when he asked for ideas for payment processors other then VISA/MASTER/PP, so he at least knows it and took an interest in it.
Saturn7
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October 19, 2012, 12:51:49 PM
 #11

None of this will help until there is an easy way of buying bitcoins relatively instantly.

This whole concept of having to wire money across the globe and wait days for funds to clear is a major obstacle.

I think the future of bitcoin lies in thousands of local exchanges across the world that then deal with the large exchanges like mtgox directly.


First there was Fire, then Electricity, and now Bitcoins Wink
cedivad
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October 19, 2012, 12:53:02 PM
 #12

The guy above me is correct too!

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
szuetam
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October 19, 2012, 12:58:45 PM
 #13

Its a great idea (although thought before, cough) and I hope it works!

Now to make it reality how do we convince Kimble to accept bitcoin on his services?


He already retweeted Bitcoin when he asked for ideas for payment processors other then VISA/MASTER/PP, so he at least knows it and took an interest in it.

Maybe some PR representative (foundation guy) could try to meet Kim and talk with him about?
Whe (personaly) should be asked to do it?

Spekulatius
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October 19, 2012, 01:01:22 PM
 #14

maybe bitpay should inquire for audience?
justusranvier
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October 19, 2012, 07:21:25 PM
 #15

None of this will help until there is an easy way of buying bitcoins relatively instantly.

This whole concept of having to wire money across the globe and wait days for funds to clear is a major obstacle.
https://bitcointalk.org/index.php?topic=83209.0
SgtSpike
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October 19, 2012, 07:29:51 PM
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None of this will help until there is an easy way of buying bitcoins relatively instantly.

This whole concept of having to wire money across the globe and wait days for funds to clear is a major obstacle.
https://bitcointalk.org/index.php?topic=83209.0
People need something they can buy off the shelf.
inbox
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October 19, 2012, 07:31:57 PM
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.
cedivad
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October 19, 2012, 11:28:18 PM
 #18

You know what is more likely to happen? Kim Dotcom would accept an alt currency instead of bitcoin for his services just like he did in 2001 or make his own Dotcomcoins.

Quote
In 2001, Schmitz purchased €375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest €50 million in the company.[28] The announcement caused the share value of LetsBuyIt.com to jump[29] and Schmitz cashed out, making a profit of €1.5 million.
He, as any othe speculator with enought money, may crash the bitcoin economy at any time.
If he accepted litecoin anyway, I would try to follow the ride and speculate myself too.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
ralree
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October 20, 2012, 12:59:56 AM
 #19

Convince thepiratebay to implement for-pay private trackers where seeders get paid a cut. (All in bitcoin, obviously)

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meebs
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October 20, 2012, 05:21:17 PM
 #20

Convince thepiratebay to implement for-pay private trackers where seeders get paid a cut. (All in bitcoin, obviously)

mining with bandwidth.. interesting idea....

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