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Author Topic: Is this helping bitcoin price?  (Read 1019 times)
Biodom (OP)
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December 20, 2014, 10:25:29 PM
 #1

https://www.coinbase.com/gifts

A pretty awesome feature if you ask me.
you can print paper wallet (in Bits, so no stupid zeroes after the decimal!) or send email.
I intend to give a paper wallet to each and every member of my family for Holidays (perhaps together with instructions where to get the online wallet)-maybe it will 'force' them to finally learn something about BTC  Smiley.
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bucktotal
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December 21, 2014, 12:14:30 AM
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most people don't like to be forced to learn about anything, let alone new technology.

but i like the idea in general!  Grin
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December 21, 2014, 12:21:47 AM
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most people don't like to be forced to learn about anything, let alone new technology.

but i like the idea in general!  Grin

it's not like giving my kid 200K bits will force him to do anything, but it could inspire, I hope.
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December 21, 2014, 12:36:05 AM
 #4

I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I should have gotten into Bitcoin back in 1992...
Biodom (OP)
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December 21, 2014, 12:51:49 AM
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I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I'll just put it under the tree together with other (conventional) stuff.
paper wallet as a present+breadwallet (on iphone/android)=some interest (I hope)
If only LoL, WoW or Facebook/twitter incorporated changetip (or something like that), then I am sure that it would have become very popular among kids.
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December 21, 2014, 01:00:21 AM
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I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I'll just put it under the tree together with other (conventional) stuff.
paper wallet as a present+breadwallet (on iphone/android)=some interest (I hope)
If only LoL, WoW or Facebook/twitter incorporated changetip (or something like that), then I am sure that it would have become very popular among kids.

I still believe that there's not much incentive for the average person to use a crypto-/decentralized currency at the moment. Sure, people into Bitcoin do get the advantages and are in it because they're convinced of it, but I think it's just still too complicated and too "awkward", unfortunately.

I should have gotten into Bitcoin back in 1992...
Biodom (OP)
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December 21, 2014, 01:15:29 AM
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I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I'll just put it under the tree together with other (conventional) stuff.
paper wallet as a present+breadwallet (on iphone/android)=some interest (I hope)
If only LoL, WoW or Facebook/twitter incorporated changetip (or something like that), then I am sure that it would have become very popular among kids.

I still believe that there's not much incentive for the average person to use a crypto-/decentralized currency at the moment. Sure, people into Bitcoin do get the advantages and are in it because they're convinced of it, but I think it's just still too complicated and too "awkward", unfortunately.

have you seen the breadwallet? What could be simpler?
Are you working on a better one?
minerpumpkin
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December 21, 2014, 01:20:44 AM
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I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I'll just put it under the tree together with other (conventional) stuff.
paper wallet as a present+breadwallet (on iphone/android)=some interest (I hope)
If only LoL, WoW or Facebook/twitter incorporated changetip (or something like that), then I am sure that it would have become very popular among kids.

I still believe that there's not much incentive for the average person to use a crypto-/decentralized currency at the moment. Sure, people into Bitcoin do get the advantages and are in it because they're convinced of it, but I think it's just still too complicated and too "awkward", unfortunately.

have you seen the breadwallet? What could be simpler?
Are you working on a better one?

You're fighting the wrong guy here. I'm all pro-Bitcoin and optimistic in its utility and long-term success. The only thing I also have to consider is that this really is new technology and it puzzles the hell out of people. Even tech-savvy ones. And even if we get the apps to be easy and fun to use (Breadwallet, and whatnot...) people will be wary of Bitcoin just because "Why would you use another currency - this makes things more complicated" and the old fear that it "isn't backed by anything". We can't solve those problems or effects with decent and solid software.

I should have gotten into Bitcoin back in 1992...
Biodom (OP)
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December 21, 2014, 01:30:44 AM
 #9

I still can't quite decide whether giving away BTC on a paper wallet is cheesy, pushy, and awkward or whether it really is a decent way of spreading the word. I guess you should at least make sure not to sound pushy or all preachy.
Apart from that it is a nice service in my opinion, at least if you definitely already are into Bitcoin.

I'll just put it under the tree together with other (conventional) stuff.
paper wallet as a present+breadwallet (on iphone/android)=some interest (I hope)
If only LoL, WoW or Facebook/twitter incorporated changetip (or something like that), then I am sure that it would have become very popular among kids.

I still believe that there's not much incentive for the average person to use a crypto-/decentralized currency at the moment. Sure, people into Bitcoin do get the advantages and are in it because they're convinced of it, but I think it's just still too complicated and too "awkward", unfortunately.

have you seen the breadwallet? What could be simpler?
Are you working on a better one?

You're fighting the wrong guy here. I'm all pro-Bitcoin and optimistic in its utility and long-term success. The only thing I also have to consider is that this really is new technology and it puzzles the hell out of people. Even tech-savvy ones. And even if we get the apps to be easy and fun to use (Breadwallet, and whatnot...) people will be wary of Bitcoin just because "Why would you use another currency - this makes things more complicated" and the old fear that it "isn't backed by anything". We can't solve those problems or effects with decent and solid software.

I am not fighting with you or anyone at all. That said, I never cared about what other people were wary or fearful about (to a degree, of course).
I have no idea what you are talking about since I don't know your geographical location-maybe this would explain it.
brg444
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December 21, 2014, 01:36:01 AM
 #10

I don't believe so. My impression is most of Coinbase's liquidity comes from its merchant business. Certainly they are not buying on exchange anymore.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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December 21, 2014, 01:37:41 AM
 #11

Why call them 200k bits when you could call them 20 million satoshis?

Millions sound much better.

Other than that, why pay for a service you can do yourself so easily for free?

It's nice to see them promoting the idea of bitcoin gifts though.
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