LTBcoin [LTBc] "Let's Talk Bitcoin" crypto-rewards Official Discussion Thread

[nutildah]

Everything about this concept is brilliant.

I agree, Adam's a smart guy. The PoP model seems to be working well for his site. Its funny to watch people break down social interaction in terms of payment potential, but there's definitely something to "crowdsourcing" an author or artist in this fashion.

If you were Nicki Minaj you'd still have to worry about the Minajcoin dev taking off with your BTC tho...

[mikerbiker6]

in a couple of weeks, LTBc will just be a mere token of participation. Value will go down (large supply) and more people on the forum means less for you.

[Magic8Ball]

@Magic8Ball, I completely agree with you.

I personally  think LTB is starting a business model that a lot will start to follow.

Already getting some interest. Ebay and others will look at this particular example soon.
http://letstalkbitcoin.com/blog/post/ebay-and-microsoft-eye-user-created-value-platforms-similar-to-ltb

I can see this being common in the near future, especially with so many platforms available to issue tokens.

[crackerhead]

@Magic8Ball, I completely agree with you.

I personally  think LTB is starting a business model that a lot will start to follow.

Already getting some interest. Ebay and others will look at this particular example soon.
http://letstalkbitcoin.com/blog/post/ebay-and-microsoft-eye-user-created-value-platforms-similar-to-ltb

I can see this being common in the near future, especially with so many platforms available to issue tokens.

Nice, you beat me to it. Just finished reading that article. Really made me hopeful for the future.
My bet is that reddit is the first to start using this tech, they already seem to have a foot in the door.

[crackerhead]

The very fact that you can "own stock" in a talent of some sort, is revolutionary. Imagine if you had seen Nirvana in concert before they blew up with "Smells like Teen Spirit" ?  Imagine if you just knew ... JUST KNEW ... these guys were going to be huge.  You saw the talent.  You wished you could cash in on your prediction.  Now you can.  

Everyone I tell this story to hates Nicki Minaj but I knew she would become huge in her genre.  I remember sitting there 5 years ago with a group of friends telling them she was going to blow up soon.  I knew it was going to happen, and I actually said out loud:  "I wish I could buy stock in her, rather than have to buy stock in the stupid record label.  Assuming they're even publicly traded".

Likewise, I own my own online social networking website with several hundred thousand users.  I am seriously considering adding this tool to the site, to encourage participation, draw content writers out of my audience, and engage my users with a profitable stake in our community.  Everything about this concept is brilliant.

-B-

I said the same thing about Drake, guess we were both right 

200,000+ users? I'd be very interested to see what happens when this is system is put in place for a userbase of that size!

[crackerhead]

in a couple of weeks, LTBc will just be a mere token of participation. Value will go down (large supply) and more people on the forum means less for you.

Right now LTBcoin is only really used to pay for adspace on the LTB Network. As the network keeps growing, the uses for it will grow exponentially.
Game shows, tipping system, more content, it's all coming. 

[mikerbiker6]

Right now LTBcoin is only really used to pay for adspace on the LTB Network. As the network keeps growing, the uses for it will grow exponentially.
Game shows, tipping system, more content, it's all coming. 

True

[crackerhead]

Check out the latest article on Let's Talk Bitcoin. All about the benefits of decentralized DNS:
August 08, 2014 Decentralized DNS: Politics of the Domain Name System

Also check out the latest Podcast,  Mad Money Machine:
August 08, 2014 MMM S02E10: Ignorance or Arrogance?

Listen and submit the magic word. There are 2 hours left to earn LTBcoin this week. The cutoff is midnight PDT. Payouts will happen tomorrow.

[virtapayseller666]

trusted i got my LBT payment last night you can also earn every 7 days just join now

[crackerhead]

trusted i got my LBT payment last night you can also earn every 7 days just join now

Congrats! I got my payment last night as well. It was a little less than what I received last week, but that's to be expected.

Just a reminder to everyone, LTB content creators receive the majorityofLTBcoin each week, so if you really want to earn a lot of LTBcoin, and you have some writing skills, submit an article to LTB!
More info here: http://letstalkbitcoin.com/forum/post/earn-ltbc-by-publishing-your-writings-for-ltb-post-here-to-have-our-write-interface-enabled?page=1

[crackerhead]

LTB Community Roundup #4
Published on August 11th, 2014 by Mike

The Let's Talk Bitcoin community seems to always be teeming with activity and since the last time we spoke even more great discussions have been taking place.

Turn asked, "What are you mining" which is prompting an interesting discussion regarding the various altcoins that various members are currently mining. Are you currently mining or have you given up? Chime in and let the community know your thoughts.

Adam is preparing for the next version of the Let's Talk Bitcoin iOS application and is soliciting your feedback for what the next version should have for improvements. Take a moment and let him know what features you want to see or give him some confirmation that they are heading down the right path.

taylanu wants to know what the community thinks about the announcement that Dogecoin would be changing the mining system so that it can be merge mined with Litecoin via a new proof of work system.

What are your thoughts about bitcoin ETFs? Do you think they will have a major impact on the price? An interesting discussion around this is taking place in this thread.

Bitcoin is being treated as a currency by many. You use currencies to purchase things so this thread is asking what have you bought with bitcoin?

What are your favorite ways to earn Bitcoin? Perhaps you aren't a miner and this thread asks you to share your various ways of earning bitcoins.

In the world of speculation user Turn is curious as to what you think the price of bitcoin will be in one year. This thread is bringing out some interesting thoughts and I'm certainly curious to hear what you are thinking.

If you are looking for a discussion regarding cold storage solutions than look no further. A discussion is taking place regarding the various options. Do you have a favorite one? Be sure to chime in.

What do you think about bitcoin conspiracies? This thread is about a bitcoin conspiracy theory that has cropped up recently. It certainly makes for an interesting discussion!

I'll do my best to keep scouring the message boards each week to find just some of the gems but if you haven't joined yet now is the perfect time to get in on the action.

[Fakhoury]

crackerhead and all the people here : I've a question for you my friend

Do you think we will reach the value of $1 after 5 years and why ?

[mikerbiker6]

@crackerhead, totally missed this thread:
http://letstalkbitcoin.com/forum/post/new-article-bitcoin-suspected-to-be-nsa-or-cia-project

thanks

[crackerhead]

crackerhead and all the people here : I've a question for you my friend

Do you think we will reach the value of $1 after 5 years and why ?

That is a great question, you may not like my answer much though. 
I try to not speculate prices, regardless of the coin. If you were asking me about Bitcoin, I would say the exact same thing. With that being said, I believe LTBcoin will raise in value significantly over the next year. 5 years is an incredibly long time, but if the network keeps growing at the same rate, then I'm pretty confident LTBcoin will have a substantial market cap by then.

[crackerhead]

@crackerhead, totally missed this thread:
http://letstalkbitcoin.com/forum/post/new-article-bitcoin-suspected-to-be-nsa-or-cia-project

thanks

Thanks, the credit goes to Mike at CoinFire though.


Hey everyone! I'd like to hear your opinion on the latest "Let's Talk Bitcoin"
August 12, 2014 Let's Talk Bitcoin! 135 Distributed Storj

I find these different "mining" methods very interesting. Will you be willing to give up some of your hard drive space for some storj coin? I think I might!

[Fakhoury]

May you elaborate more about the "optimal strategy"

The optimal strategy is to do 1-2 forum posts per day, but not all at once.

Thank you.

[crackerhead]

May you elaborate more about the "optimal strategy"

The optimal strategy is to do 1-2 forum posts per day, but not all at once.

Thank you.

I have heard that rumored, but haven't seen it confirmed by a dev such as adam or cryptonaut. Have you heard it confirmed, have a link by any chance? Personally I somewhat used that strategy anyways, just because it was convenient for me.

Posting more than a couple times a day makes it feel like a chore, so that 2 post part I have always done. Also my favorite times to post are when I wake up, and before going to bed, so my posts end up being spread out naturally.

[crackerhead]

 

Just read a really funny/interesting article about the potential future of Crypto. Check it out!

August 14, 2014 Grandpa, Tell Me 'Bout the Good Ol' Days

[Fakhoury]

Crackerhead, how do you see the future of LTBcoin ?

[crackerhead]

Crackerhead, how do you see the future of LTBcoin ?

Let me put it this way. I have seen many coins over the past months (I first got into alt coins with nxt in december). There are only a couple "coins" that I have seen along the way that I felt were significant enough to promote, and LTBcoin is one of them.

No one else comes close to delivering as much honest content as the LTB Network. I believe that with or without the crypto-rewards program, LTB will continue to grow exponentially. Once LTB network goes mainstream, I don't see why LTBcoin wouldn't follow as well.