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sacko (OP)
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December 11, 2012, 03:21:03 PM
Last edit: December 13, 2012, 08:32:48 AM by sacko |
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Good news or bad news for Bitcoin? What do you think?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Vod
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December 11, 2012, 06:15:23 PM |
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Yesterday Silkroad raised the price for seller accounts from 12 to 37 BTC.
Looks like there is room for competition. |
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b!z
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December 13, 2012, 02:34:42 PM |
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is gud deel for sr owners.
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cunicula
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December 13, 2012, 02:39:43 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news.
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Frequency
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December 13, 2012, 02:48:28 PM |
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Yesterday Silkroad raised the price for seller accounts from 12 to 37 BTC.
Looks like there is room for competition. How much does an BMR seller account cost?? I also think it is a good step, filtering the real from the scammer..  |
COINDER
COINDER
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evoorhees
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December 13, 2012, 03:18:38 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news.
I agree. Keep the bar high there. |
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hamdi
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December 13, 2012, 06:16:08 PM |
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it will weed out scammers.
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molecular
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December 13, 2012, 08:00:21 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news.
+1 on both parts. Although I think the revenue is high enough already for buying very good service infrastructure. "They" could've slightly reduced the percentage-share they take from each purchase at the same time, though. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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myrkul
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December 13, 2012, 08:27:33 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news. You've slipped out of character, cunicula. You should be advocating more state controls on drugs. That said, I agree completely. Smart move on SR's part. |
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Fcx35x10
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December 13, 2012, 10:36:06 PM |
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good move! keep the quality not quantity
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greyscale
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December 14, 2012, 01:42:30 AM |
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Yes good move, perhaps it will serve to prevent dodgy dealers or at least tax them
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repentance
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December 14, 2012, 01:49:26 AM |
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it will weed out scammers.
Not necessarily. If you're paying with either stolen Bitcoins or Bitcoins bought with stolen cards then the price isn't going to act as much of a deterrent to entry. Price hikes are a good way of limiting the number of sellers and controlling their rate of growth, though. |
All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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theymos
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December 15, 2012, 08:35:59 AM |
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I'd probably make seller accounts cheap. Sellers are what make the site useful, and they take most of the risk. If more revenue is needed, transaction fees would be a better place to get it.
But running a site like Silk Road is incredibly risky even with Tor, so they can charge whatever fees they want without having to worry too much about competition.
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1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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hamdi
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December 15, 2012, 09:47:39 AM |
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Yuhfhrh
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December 15, 2012, 09:53:00 AM |
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Couldn't have advertised it better myself.  |
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molecular
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December 17, 2012, 11:49:49 AM |
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Couldn't have advertised it better myself. I'd buy it if it was size M. |
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FreeMoney
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Strength in numbers
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December 17, 2012, 12:09:30 PM |
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it will weed out scammers.
Not necessarily. If you're paying with either stolen Bitcoins or Bitcoins bought with stolen cards then the price isn't going to act as much of a deterrent to entry. Stolen money is worth the same and the spender has to give up whatever else they could have bought just like people with earned money do. |
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FreeMoney
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Strength in numbers
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December 17, 2012, 12:12:52 PM |
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I'd probably make seller accounts cheap. Sellers are what make the site useful, and they take most of the risk. If more revenue is needed, transaction fees would be a better place to get it.
But running a site like Silk Road is incredibly risky even with Tor, so they can charge whatever fees they want without having to worry too much about competition.
Certainly it could be pushed to a point of being too limiting, but I think keeping out scrubs also makes the site more valuable. |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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MPOE-PR
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December 17, 2012, 03:05:33 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news.
I agree. Keep the bar high there. Wow, more than MPEx?! What do the pill kids take themselves for? Certainly it could be pushed to a point of being too limiting, but I think keeping out scrubs also makes the site more valuable.
How things have changed. |
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bitcoinbear
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December 17, 2012, 05:57:26 PM |
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I think this is good call on Silk Road's part. It should reduce scams and ensure a high quality of service (uptime, etc.).
It provides an opening for lower cost competition of course. This is also good news.
I agree. Keep the bar high there. Wow, more than MPEx?! What do the pill kids take themselves for? Certainly it could be pushed to a point of being too limiting, but I think keeping out scrubs also makes the site more valuable.
How things have changed. There is a big difference between charging for a sellers account and charging for anybody wanting to do anything with the platform. If MPEx just charged to create a listing, then it would be comparable. The MPEx model for silkroad would be to have anybody who wants to purchase any products first shell out several bitcoins to get an account. |
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