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Author Topic: My idea on fun and profit  (Read 2136 times)
wobber
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January 01, 2011, 12:22:45 PM
 #1

I don't have many bitcoins and I want to make some profit, it them, to buy some things. Also, many of you are HOARDING bitcoins. Third, a lost Bitcoin makes the rest a little more valuable.

I have a very very crazy idea to even things up. What if I'll set up a bitcoin accepting website where you "donate" any amount you want (nobody will send more than 500 I'm sure), be on the list of those who donated and can see the total amount gathered. Then, at a block number that we all agree on, I will draw a percentage of it, also a number we agree on and a winner is declared (the one who donated tho most). Finaly, I take that harddisk (on a live video feed or so), open it up, save all the platters and then i take all of those to a jewelry i know and make a bitcoin logo of it that I will send to the winner.


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genjix
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January 01, 2011, 01:01:22 PM
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hoarding? I've made ~600 BTC doing various things around the forum. And bought ~2500
wobber
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January 01, 2011, 01:07:30 PM
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Ok, not you, but I know 2 cases of people having more than 15000 and not spending a bitcent.

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January 01, 2011, 01:24:38 PM
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Ok, not you, but I know 2 cases of people having more than 15000 and not spending a bitcent.
Is hoarding wrong in its essence ?

wobber
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January 01, 2011, 01:31:05 PM
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No, but spending is better for the economy. Anyway, we ain't talking about hoarding here.

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January 01, 2011, 01:35:47 PM
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No, but spending is better for the economy. Anyway, we ain't talking about hoarding here.
My troll attempt failed I guess.

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January 01, 2011, 02:09:49 PM
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No, but spending is better for the economy. Anyway, we ain't talking about hoarding here.

Spending is just consuming something. For an economy to have wealth, it must produce the things that people want/need.

grondilu
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January 01, 2011, 02:12:54 PM
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I have a very very crazy idea to even things up. What if I'll set up a bitcoin accepting website where you "donate" any amount you want (nobody will send more than 500 I'm sure), be on the list of those who donated and can see the total amount gathered. Then, at a block number that we all agree on, I will draw a percentage of it, also a number we agree on and a winner is declared (the one who donated tho most). Finaly, I take that harddisk (on a live video feed or so), open it up, save all the platters and then i take all of those to a jewelry i know and make a bitcoin logo of it that I will send to the winner.

You mean a lottery, right ?
wobber
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January 01, 2011, 02:21:00 PM
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I have a very very crazy idea to even things up. What if I'll set up a bitcoin accepting website where you "donate" any amount you want (nobody will send more than 500 I'm sure), be on the list of those who donated and can see the total amount gathered. Then, at a block number that we all agree on, I will draw a percentage of it, also a number we agree on and a winner is declared (the one who donated tho most). Finaly, I take that harddisk (on a live video feed or so), open it up, save all the platters and then i take all of those to a jewelry i know and make a bitcoin logo of it that I will send to the winner.

You mean a lottery, right ?


Something hybrid, it's more like an auction because the higher bidder wins. Also there was a mistake, I meant 50 not 500.

EDIT: my fee has to cover the melting cost of the hdd platters and their transformation into a bitcoin logo.

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Bimmerhead
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January 01, 2011, 04:04:07 PM
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I was liking your idea as I started reading it (though mentioning hoarding was probably an unfortunate diversion) and thought you were going to say the highest bidder received X% of the bitcoins, and the rest would be destroyed.  Instead all the bitcoins get destroyed, or rather, taken out of circulation because the HD is made into jewelry.  Am I understanding this correctly?

Change it to winning straight bitcoin, with the rest being destroyed (and thus benefiting even the 'losers') and I'd be much more interested in participating.

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wobber
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January 01, 2011, 05:56:53 PM
 #11

Actually it may be a better idea, the highest bid wins X% of bitcoins. I should see how much it costs to transform something into that logo, I hope not more than 100 usd.

Being a project for all, i ask you all to tell how much the winner should receive and how much I should. Also, instead of destroying them I could encrypt them using each bidders PGP key signing with my key and then spreading the final resulted file to all Smiley
 
What do you think?

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