Why does this board exist in the forum?

[Xiong Zhuang]

 

WHY?

Why Chinese? Why Chinese students? Is this kinda strange taste of the administrator?

I am just surprised. It just make no sense.

[1715113460]

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[1715113460]

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[1715113460]

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[Nefario]

WHY?

Why Chinese? Why Chinese students? Is this kinda strange taste of the administrator?

I am just surprised. It just make no sense.

About a month ago I had all my students using bitcoin and they we're all over this forum, so we created this board to put them all.

I'll have a report on the whole thing for everyone to read in about 2 weeks.

[Xiong Zhuang]

WHY?

Why Chinese? Why Chinese students? Is this kinda strange taste of the administrator?

I am just surprised. It just make no sense.

About a month ago I had all my students using bitcoin and they we're all over this forum, so we created this board to put them all.

I'll have a report on the whole thing for everyone to read in about 2 weeks.

wow! so you are a college teacher? Looking forward to your report!

[tehc0w]

it's a marketplace for buying and selling chinese students obviously

[Basiley]

it's a marketplace for buying and selling chinese students obviously

haha, students exchange

[peak]

哈哈，student exchange...

[buckeye]

WHY?

Why Chinese? Why Chinese students? Is this kinda strange taste of the administrator?

I am just surprised. It just make no sense.

Why not? Maybe the administrator is a Chinese student.

Or maybe if you consider how many Chinese students there are in the world, maybe it wasn't such a bad idea after all in order to keep all of the other forum areas from being overrun.

[Gareth Nelson]

WHY?

Why Chinese? Why Chinese students? Is this kinda strange taste of the administrator?

I am just surprised. It just make no sense.

Why not? Maybe the administrator is a Chinese student.

Or maybe if you consider how many Chinese students there are in the world, maybe it wasn't such a bad idea after all in order to keep all of the other forum areas from being overrun.

But why in the marketplace section? Unless of course the chinese students are trying to buy and sell stuff all over the rest of the forum - but then they can use the normal marketplace sections, and why is it a bad thing if the forum is "overrun" by chinese students?

[Nefario]

This isn't really relevent as the task is now over and there are no more Chinese students.

Nefario.

[graingert]

This isn't really relevent as the task is now over and there are no more Chinese students.

Nefario.

That sounds rather ominous

[Nefario]

This isn't really relevent as the task is now over and there are no more Chinese students.

Nefario.

That sounds rather ominous

Yeah, sold out 

Actually I'll be giving the final results of this experiment before the end of the week.

[TheGer]

Bitcoins soon to be valued in Yuan lol.

[muc]

When you think about it, isn't the use of Bitcoin currency illegal in China?

[koin]

When you think about it, isn't the use of Bitcoin currency illegal in China?

really?  guess the exchange: https://btcchina.com  the mining pool: http://21bitcoin.com/pool will be closing down soon then.

maybe you are thinking about their use of qq, which the chinese authorities had a problem with.

[BCwinning]

Bitcoins soon to be valued in Yuan lol.

I hope not they will never increase in value hahaha

[fabianhjr]

Nefario, a week went by and I still don't see this results. My school also wants to do this for the 10-12th(High School).

[Nefario]

Sorry, mixture of slow and lazy.

3 Classes we're involved, with roughly 80 students per class.

The classes were broken into companies of their own choosing, each company needed a CEO and CFO
And that's all the rules really. The general idea being that they had to do business with foreingers for bitcoin (as at the time only Westerners had bitcoin).

When I started I did have lots of complicated rules, but that just confused everyone, so kept it really basic MUST MAKE BTC, marks given for genuine effort.

The total amount earned by all companies combined was 75btc in a period of about 1 & 1/2 months.

The largest being 31 btc by a single group.
Next being 16btc
10,8....0

There were 17 companies, only 8 of them had any bitcoin at all, the rest got nothing.

I had expected an internal market to develope where companies would specialise and people would be lent from one group to another for a price but nothing like this happened at all.

What did they do?

Apart from spamming the forum and pestering people here are some of the things that we're tried.

Translating Chinese jokes to English
Selling Mp3's and video's about Chinese culture
Making a Chinese cookbook and attempting to sell recipies.
Having a magazine about Chinese medicine
Making two homemade KungFu Movies (which were actually very good but no one bought)
Giving advice on how to enter the Chinese market, open a Chinese bank account etc.
Selling traditional Chinese Medicine advice.
Begging.

The most successful of these was translating jokes, so successful that it convered the majority of bitcoin for the first 3 groups (two of which saw how we it was working and jumped in).

Problems
Language, obviously many of the students could not write a clear advertisement to save their lives.
Understanding bitcoin
Knowing how to use a computer
Having a computer or internet access (most students dont have).
Product ideas.

In roughly the above order.

Of all the students involved about 20 really made an effort or took part. And it seems to be those from this group that are continueing to use bitcoin (after counting they asked for their bitcoin back).

In most ways I would deem this experiment something of a failure, it was poorly executed on my part, and most of my hopes (of developing an internal market inside the college based on bitcoin) came to nothing, but there were some minor success.

Most of the winning companies were in the same class, most of the failing ones were together also, it seems success and failure are contaigous.

Questions?

[fabianhjr]

So, could you elaborate on why you feel the internal market didn't developed, and did you gave them that idea or just hoped for someone to come with it in the inner circle?
Did the students felt that Bitcoins had a value at the beginning apart of the grades and or exchange into local currency offered or implied by you? Did they saw value in Bitcoin after the experiment?
Could you correlate language and writing abilities with a successful entrepreneurship?

Quite good experiment, a school I know is planning on doing the same.

[Nefario]

So, could you elaborate on why you feel the internal market didn't developed, and did you gave them that idea or just hoped for someone to come with it in the inner circle?
Did the students felt that Bitcoins had a value at the beginning apart of the grades and or exchange into local currency offered or implied by you? Did they saw value in Bitcoin after the experiment?
Could you correlate language and writing abilities with a successful entrepreneurship?

Quite good experiment, a school I know is planning on doing the same.

Really I think the market not developing being due to a lack of entrepreneurial drive by nearly all the students. It's something to do with the environment that they're in here combined with Chinese culture that prevented growth in this area. I did try to encourage an internal market but with no success, although I do think that if you try this somewhere else you probably will be successful.

Perhaps having a kind of market process, like a jobs board or something for a class would kickstart it.

With regards bitcoin value, when we started the project bitcoin was less than $1USD, when we finished it had hit $30, thats a big jump. So in the begining they saw no value but after about a month they began to realise, especially as they saw how others valued it.

Nefario.

[fabianhjr]

That is quite cool!

A bit of topic however, how is china doing with Bitcoins?