[SOLVED] Bitcoin's chicken and egg problem

[bc]

I guess I just don't get this whole concept. By showing that you have two internet-nickels to rub together, it somehow makes you a more serious buyer/contributor?

Just as in real life, wealth is an indicator of status and success. Not a guarantee, mind you, just an indicator.

It's pretty simple - by showing that you have money to spend, you'll be taken more seriously by people you trade with. I think it's a very clever feature of Ogrr

But the money is trifling amounts, like, fractions of cents...which is why it's ok. If it was anything more, it'd be a bank and a destroyer-of-anonymity to some extent.

I'm not sure I get it either, but as long as the members get it - I guess that's what matters. Maybe it's sort of like a micro-escrow: if you defraud another member, it takes some time to cash-out your nickels. Dunno.

[RandyFolds]

I guess I just don't get this whole concept. By showing that you have two internet-nickels to rub together, it somehow makes you a more serious buyer/contributor?

Just as in real life, wealth is an indicator of status and success. Not a guarantee, mind you, just an indicator.

It's pretty simple - by showing that you have money to spend, you'll be taken more seriously by people you trade with. I think it's a very clever feature of Ogrr

But the money is trifling amounts, like, fractions of cents...which is why it's ok. If it was anything more, it'd be a bank and a destroyer-of-anonymity to some extent.

You're obviously not a gamer. Gamers like scores  

The higher the better. And there is always the option to go after significant money, as mentioned earlier in this thread.

Once new users get exposed to Bitcoin they may explore more and actually become bitcoiners.

But the score is just money that you load into it? Or am I mistaken?

[legolouman]

I'd like to point out this wonderful Bitcoin success story: Ogrr.com

The site is ugly!  What it is does is wonderful.

Ogrr is a forum.  It focuses mostly on gamers.  Ogrr's twist over a regular forum is that people can have mBTC balances and trade goods with each other. (FYI: 1,000 mBTC = 1 BTC)

Additionally, next to everyone's avatar is their mBTC balance.  The implication being people with a zero balance have low status. So, everyone has a reason to find some way to have some Bitcoins.

Ogrr has been growing like wild fire.  Ogrr has 1,500 members.  Membership is more than doubling every month.  In the last week it has grown by 500 members.  The previous 500 members took 3 weeks to join.  You can view the membership count at the bottom of the home page.

Ogrr's members seem to be coming from d2jsp.  d2jsp has over 670,000 members.  d2jsp's members have been abused: Advantages of Ogrr and mBTC over d2jsp and FG

Many of the members are likely kids.  Bitcoin let's anyone regardless of age conduct financial transactions over the Internet.  The site has a page that makes it easy for them to find ways to earn Bitcoins: List of websites to earn bitcoins.

Ogrr brings together sellers and buyers of virtual and real goods.  Further, since you can see people's mBTC balance, you can know they have money to spend.  You can tip people with mBTC.  Further, people who engage in transactions can be rated.

If Ogrr continues to grow at this rate in several months, we could have over 500,000 new Bitcoiners.  Imagine if they each wanted 20 Bitcoins.

I've talked to the owner and he assures me that they will have no problem dealing with spectacular growth.

BTW, the first 1,000 people to register and reach 10 (legitimate) posts get 1 BTC: All aboard!

-Arthur

YES! This is what we've been waiting for! It's only been 3 years in the making!

[Global BTC]

But the score is just money that you load into it? Or am I mistaken?

Yes it is. But keep this in mind: That forum is more of a marketplace than a regular forum. The mBTCs each forum member has in his forum wallet is shown whenever he makes a post, so other forum members can see if he has the money he claims to be willing to spend.

[acoindr]

I guess I just don't get this whole concept. By showing that you have two internet-nickels to rub together, it somehow makes you a more serious buyer/contributor?

Just as in real life, wealth is an indicator of status and success. Not a guarantee, mind you, just an indicator.

It's pretty simple - by showing that you have money to spend, you'll be taken more seriously by people you trade with. I think it's a very clever feature of Ogrr

But the money is trifling amounts, like, fractions of cents...which is why it's ok. If it was anything more, it'd be a bank and a destroyer-of-anonymity to some extent.

You're obviously not a gamer. Gamers like scores  

The higher the better. And there is always the option to go after significant money, as mentioned earlier in this thread.

Once new users get exposed to Bitcoin they may explore more and actually become bitcoiners.

But the score is just money that you load into it? Or am I mistaken?

The "score", as I call it, is money (bitcoins) you load or bitcoins you get for selling things you acquire in game. The point is the larger the number under your name the more respect you get. It's like showing how committed / involved you are with that forum and gaming/trading in general. Yes, someone could just drop $100 in, but so could others. And people do buy status (characters, weapons etc.) all the time in games - and in real life, for example with cars or even the iPhone  "I am rich" app.

[Phinnaeus Gage]

And people do buy status (characters, weapons etc.) all the time in games - and in real life, for example with cars or even the iPhone  "I am rich" app.

So where does one acquire the "I haz Bitcoin" app?

[ThomasV]

Hot topic du jour: a d2jsp user reported  that his d2jsp account was suspended for typing "ogrr" in a private message:
https://ogrr.com/viewtopic.php?f=385&t=1099

[pastory99]

Pretty interesting concept..

[fornit]

member growth rate already slowing down. so much for the chicken&egg problem....

[HostFat]

Any news about "automatic funds" ?
how long  is required an administrator to deposit/withdraw bitcoins?

[Global BTC]

member growth rate already slowing down. so much for the chicken&egg problem....

It's a pretty specific forum, their "market" can't be that big.

[N12]

member growth rate already slowing down. so much for the chicken&egg problem....

Yes, although I see potential in ogrr, this thread title is laughable.

CHICKEN AND EGG PROBLEM SOLVED! JUST GOT TO SOLVE ANOTHER CHICKEN AND EGG PROBLEM (OGRR COMMUNITY) FIRST!

[Philj]

The forum numbers will grow dramatically when Diablo 3 is actually released. There is not much market for D2 stuff now, and most of the other games they have listed don't have as large market potential. Look for the numbers to double by June, then skyrocket from there. My guess is 200,000 by the end of the year.

[bitplane]

The forum numbers will grow dramatically when Diablo 3 is actually released. There is not much market for D2 stuff now, and most of the other games they have listed don't have as large market potential. Look for the numbers to double by June, then skyrocket from there. My guess is 200,000 by the end of the year.

Not if they don't reduce the number of forums it won't.

Also, has anyone even got any mBTC listed in their profiles? I can't see any.

[evoorhees]

Also, has anyone even got any mBTC listed in their profiles? I can't see any.

Yes the balance shows up under their avatars

[Superior]

The forum numbers will grow dramatically when Diablo 3 is actually released. There is not much market for D2 stuff now, and most of the other games they have listed don't have as large market potential. Look for the numbers to double by June, then skyrocket from there. My guess is 200,000 by the end of the year.

Not if they don't reduce the number of forums it won't.

Also, has anyone even got any mBTC listed in their profiles? I can't see any.

We removed a bunch of forums and made the main-page a lot smaller for now, we are still working on some stuff improve the main-page.

You can see a members mBTC in their profile or right under the avatar in any thread.

[N12]

We removed a bunch of forums and made the main-page a lot smaller for now, we are still working on some stuff improve the main-page.

You can see a members mBTC in their profile or right under the avatar in any thread.

I noticed that! Good job for listening to the advice and truncating it even further now, I think bitplane was right on that. The Bitcoin forums evolved the same way, and now it has lots of subforums. With this kind of ambition, I’m pretty sure ogrr will do well.

BTW, I saw you had a nice contest for banners and used it for a favicon, do you plan to place that on the front as well?

[Superior]

We removed a bunch of forums and made the main-page a lot smaller for now, we are still working on some stuff improve the main-page.

You can see a members mBTC in their profile or right under the avatar in any thread.

I noticed that! Good job for listening to the advice and truncating it even further now, I think bitplane was right on that. The Bitcoin forums evolved the same way, and now it has lots of subforums. With this kind of ambition, I’m pretty sure ogrr will do well.

BTW, I saw you had a nice contest for banners and used it for a favicon, do you plan to place that on the front as well?

This thread has been useful for us and I agree bitplane posts was really on spot and we are grateful for any input we get.
Yeah. I can't say we are 100% certain on what logo we will end up finally using yet, there will be a logo placed on the front and we are also working on a front-page.

[triplehelix]

you guys need to find a way to more actively recruit.

[HostFat]

maxbtc.com is now integrated with ogrr, so you don't need anymore an admin to fund your account
EDIT:
I was wrong, maxbtc.com is just a pool