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Author Topic: How to make bitcoin successful  (Read 857 times)
wobber
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October 12, 2011, 07:20:12 PM
 #1

I have some guidelines I follow and wish to share, so the current decline in bitcoin prices can reverse.

I know everybody dreams to get rich by owning bitcoins but we have to concentrate more on the track and less on the finish line. While running, consider doing some or all of these:

1. Aquire some Bitcoins, I would say minimum 50 as an investement, hoarding and for the black day that will come. Bitcoin is a revolutionary currency and worth owning. Imagine it like buying 50 ounces or silver and storing them. Store them offline not in some payment processor because bitcoin is decentralize by nature.

2. Purchase some coins monthly and spend them for goods and services in Bitcoin's economy. 10 coins are enough for this. Buy some alpaca socks or make some bets. If could also use them to buy things from Amazon, there is a great website that helps you to do so.

3. If you have resources, time and knowledge consider setting up a small website. Services are the easiest thing you can do. Anything from coaching to teaching languages and computer skills.

4. Speak about it. Bitcoin equals freedom and you should speak about it to your friends and relatives. Many won't care and few will be interested. But "bitcoin" is not a hard word to remember and they will hear it again. Help them buy some and spend them. Give them advice and warn them NOT to be emotional enough to buy 1000 hoping they'll be billionares.

5. Speculate less. Profit is good, is nice to sell 1000 coins at 4.5 and buy them back at 4. But most people buy-back 1125 and that means they are interested in bitcoins not money, thus being bullish long-term.

6. Imagine this is the first time YOU have total control of your money. It requires some skills to master them but the effect is great. Of course, one person wishing bitcoin to be successful won't help. It requires great many people.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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danman87
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October 12, 2011, 07:29:47 PM
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1. Start your own exchange.

2. Start your own online wallet service.
    a. Say you got hacked, keep everyone's coins.

3. Start your own online gambling service.

4. Sell drugs on Silkroad.
ArsenShnurkov
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October 12, 2011, 07:59:40 PM
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5. Start your spamming service. Pay bitcoins for captcha processing.
tsvekric
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October 12, 2011, 08:20:49 PM
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Get any of the major uploading/downloading services to accept bitcoin
Striker
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October 12, 2011, 09:29:05 PM
 #5

Hi,

1 - Make Bitcoins transaction processes enabled on smart/secure card reading systems for payments on stores by the average John Doe.

2 - Make Software to enable payments with smart+phones easier and accepted overall.

3 - Make More Exchanges in Many Countries around the globe and several local currencies.

4 - Call every store you are a customer complaining about them not accepting bitcoins because accepting bitcoins is Free! And saves them CC retention rates!

5 - Spread the word once those automated systems are on the market.


Only them, only when John Doe gets a service where he can draw is card from his wallet and safely make purchases on any store are Bitcoins going to jump in acceptance.


And that day in coming very very soon ... Smiley

Regards.


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