Bitcoin Forum
December 07, 2016, 04:33:46 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: *** Pledge to spend 10 Bitcoins ***  (Read 2647 times)
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1302


Bitcoin: An Idea Worth Spending


View Profile
August 08, 2011, 06:22:11 PM
 #21

So, went ahead and signed the pledge because I'll do my best to spend 10btc whenever I have 10btc. Though, the part the confuses me is the "only if 1000 people do the same." Eff that. I'm going to do it anyways.  I'm not going to help the community only if everyone else is.

Good point on the "only if 1,000 people do the same" comment, otherwise you have something like what this JO did: https://bitcointalk.org/index.php?topic=34016.msg434059#msg434059
1481128426
Hero Member
*
Offline Offline

Posts: 1481128426

View Profile Personal Message (Offline)

Ignore
1481128426
Reply with quote  #2

1481128426
Report to moderator
1481128426
Hero Member
*
Offline Offline

Posts: 1481128426

View Profile Personal Message (Offline)

Ignore
1481128426
Reply with quote  #2

1481128426
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481128426
Hero Member
*
Offline Offline

Posts: 1481128426

View Profile Personal Message (Offline)

Ignore
1481128426
Reply with quote  #2

1481128426
Report to moderator
Elwar
Legendary
*
Offline Offline

Activity: 1946


www.bitpools.com


View Profile WWW
August 08, 2011, 07:09:07 PM
 #22

So, went ahead and signed the pledge because I'll do my best to spend 10btc whenever I have 10btc. Though, the part the confuses me is the "only if 1000 people do the same." Eff that. I'm going to do it anyways.  I'm not going to help the community only if everyone else is.

Good point on the "only if 1,000 people do the same" comment, otherwise you have something like what this JO did: https://bitcointalk.org/index.php?topic=34016.msg434059#msg434059


The 1,000 part is twofold. One is so that people sign up knowing that they are not in this alone. The other is because with more people using Bitcoins for purchases, the more prices will stabilize. If you just try to spend 10 Bitcoin on your own and find that the fluctuations are too much, then you might get discouraged and you will be more likely to not continue. But if enough people do it all at the same time, then prices will become more stable and it will grow as a currency from there.

I encourage people to spend on goods with or without the pledge, but I think 1000 people could make an impact. There are 500 people logged into this forum right now. We should be able to get 1000 people to actually do what Bitcoin is intended to do.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1302


Bitcoin: An Idea Worth Spending


View Profile
August 08, 2011, 07:17:08 PM
 #23

Quote
"I will spend at least 10 Bitcoins per month but only if 1,000 other people will do the same."
sounds too negative, to me. ~I pledge this if, and only if, that.

Why not, "I pledge to spend at least 10 Bitcoins per month."--without the quantifier? I like the gist of your idea, BTW.
xxxcoin
Jr. Member
*
Offline Offline

Activity: 57



View Profile WWW
August 08, 2011, 07:18:54 PM
 #24

Part of your 10BTC/mo. would be well spent here:

https://bitcointalk.org/index.php?topic=34962.0

Wink

XXX Coin - You decide
XXX Coin
Elwar
Legendary
*
Offline Offline

Activity: 1946


www.bitpools.com


View Profile WWW
August 09, 2011, 10:48:45 AM
 #25

For those looking at the price of Bitcoins going up for this pledge...just think about what that would mean. It would mean that it is becoming a viable currency if the price is going up. Which would mean that you can use it in more places.

If Bitcoin were to go up to $100/BTC I would not be spending $1000 per month on online goods in addition to my regular spending. I would be going to my local grocery store owner to encourage them to accept Bitcoins. If they do not accept them I would go to local farmers or food collectives. I would find an alternative to the big chains that do not accept Bitcoins. I would talk to local restaurant and bar owners that I frequent and explain Bitcoins to them, tell them that I have 10 BTC to spend per month and that it would benefit them to accept them. I would talk get the word out to mechanics about Bitcoin if my car needs serviced, and go to the one that accepts Bitcoins.

The pledge puts you in the driver seat for Bitcoin. For all of us.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
ukz.imba
Jr. Member
*
Offline Offline

Activity: 30



View Profile
August 09, 2011, 10:56:11 AM
 #26

i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.

what do?

I should have been informed.

Also, THE GAME
https://bitcointalk.org/index.php?topic=35130.0
indio007
Full Member
***
Offline Offline

Activity: 210


View Profile
August 09, 2011, 11:18:11 AM
 #27

The bitcoin economy is doing better than people give it credit for

http://bitcoinwatch.com/

Economy

Total BTC   7,011,500 BTC

Market Cap
based on latest prices

63,102,028 USD
or 57,494,300 EUR
or 174,305,890 PLN
or 41,984,862 GBP
or 60,188 ounces of gold

Transactions
last 24h

8,147

Transactions
avg. per hour

339.46

Bitcoins sent
last 24h

2,653,627.27 BTC  <---- !!!!!

Bitcoins sent
avg. per hour

110,567.80 BTC
Elwar
Legendary
*
Offline Offline

Activity: 1946


www.bitpools.com


View Profile WWW
August 09, 2011, 01:11:27 PM
 #28

i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.

what do?

You make less than $1200 per year? Do you live in Haiti?

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
ukz.imba
Jr. Member
*
Offline Offline

Activity: 30



View Profile
August 09, 2011, 02:11:12 PM
 #29

i would do that, but i don't have a 10btc/month income. i don't think i can reach 1btc/month. but i want to help the economy grow.

what do?

You make less than $1200 per year? Do you live in Haiti?

i dont make 10btcs/month. BTCs. also im a student.

I should have been informed.

Also, THE GAME
https://bitcointalk.org/index.php?topic=35130.0
RSantana
Member
**
Offline Offline

Activity: 104


CoinedBits.com


View Profile WWW
August 09, 2011, 05:45:23 PM
 #30

No better way to spend bitcoins than to buy physical bitcoin coins to help spread the bitcion message to the world.

http://Coinedbits.com

Check out the first physical bitcoin at http://CoinedBits.com
Bitcoin Harbor
Jr. Member
*
Offline Offline

Activity: 34



View Profile WWW
August 09, 2011, 10:18:03 PM
 #31

Interesting idea, though I'm not sure why 1000 other people need to agree to make people want to encourage their use as a currency. 

Even for people holding Bitcoins as an investment, it makes sense to spend some of your coins.  First, if you have a bunch, you can't sell them all without crashing the market.  Second, if they don't take off as an actual currency, your "investment" will be absolutely worthless.  The only possible value Bitcoins have is as a currency.  If everyone just holds, we all end up with nothing. 

Bitcoins are a great currency system.  Let's use it as one. 

(Of course I do have a suggestion as to where to spend some: http://bitcoinharbor.com)

http://bitcoinharbor.com - buy and sell for Bitcoins!
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!