Topic: announcement: the international "when-bitcoin-reaches 1000,- $ party" - page 22. (Read 309976 times)

welcome bitcool, LightRider, Trade101, and Aswan


how many braincells will be lost that night ? (who needs a brain when he has bitcoins )

you´re a bitcoiner. just get a new one.

So cool and relaxing, this gives us a little bit more time to plan the party...

http://bitcoinity.org/markets/bitstamp/USD

Ty "crashdown" for that information?

New working titel: the international "when mbitcoin reaches 1000$ party"

I'm not sure my liver could handle it.

Lets have one every 100$.

Let's keep the party at $1000 and do another one when it hits $2000.

This.

Given how fast we have got here, we need a much stronger validation than what 5 days can give.

ONE MONTH > 1000 AVG

just to make sure, really.

as I can not make this one, I propose changing the title to $2000. Considering how well BTC has recovered from the sell off initiated by some guy on bitstamp that dumped a ton of BTC's at market, taking all the stupid bots with him and later scared rabbits, $2000 should be around the corner, probably before years end, so lets pick a place where to celebrate a new year in style 

To that point, if the price goes very high $2,000+ before the party and you cashed out at $1000 it may cause friction, Also ticket sales should be close to the cash out time, or the cash out time should be close to the party, so someone isn't paying $2000per ticket and receiving $1000 in perceived value.

Possibly give some consideration to how you are going to pay bills and cash out and post it here to avoid any friction.

Timing should maximise media attention, so even using an ultra conservative $1000 average is best, and a delay to maximise the showcasing of tech and exposure can't hurt.  

sry off topic and in german only:

http://blogs.wsj.de/wsj-tech/2013/12/02/boser-bitcoin-scherz-sorgt-fur-aufregung/

orga-team member bulleric made it into the german edition of the wall street journal.

wow/congrats/wow

this

yes, we check the 24hr average on stamp. needs to be above 1000 for 120 hours in a row (=5 days)

I think the trigger countdown was reset yesterday.

http://bitcoincharts.com/charts/bitstampUSD#rg5zigHourlyztgSza1gWMAzm1g24zm2g25zi1gStochRSIzvzl

Am I doing it right?

ticket was and will be 1 btc

Ich nehm auch ne reservierung, nicht dass heute nacht alles schnell weg ist. Bitte hinzufügen

So, is this party going to be locked to 1BTC, or $1,000?

As you may heard that Bits of Proof will provide the ticket technology for this event.

The reason is that BOP can create a solution that is worthy for this watershed event, demonstrating the world that Bitcoin's ledger is
capable of much more than a payment solution. Here are the unique features of the ticket sale:

1. Payment requests for 1 Bitcoin is generated via bopshop.
    bopshop is unique if compared to other similar services as it generates addresses using the BIP32 master public key of the
    merchant, therefore the payment flows from customer to merchant without BOP taking the funds in possession, not even
    temporarily. BOP can facilitate processing without being a payment processor in any legal sense, since it has no
    access to the funds transferred. See http://bopshop.bitsofproof.com for details and API.

2. The 1 Bitcoin received by the organizer will be immediately split into two parts 999 mB goes to the Vault, see point 3
    and 1 mB goes to the address of a paper wallet you generate, that will act as an entry ticket.

3. The Vault is a P2SH address (see https://en.bitcoin.it/wiki/BIP_0016) for a 2 out of 3 multi signature script. The three organizer
    generated their own key and sent the public part to BOP, so it could compute the P2SH address and automate the
    transfer of the 999 mB to it. This Vault address will be public, so you may use any block explorer to audit the holding and spend
    of the funds by the organizer.

4. At entry to the event you will be required to show your paper wallet's private key as a QR code, so it can be swept by a BOP
   mobile program that the same time spends and validates that the mB you presented is in fact a mB that was the part of a
   payment to the Vault. Since the mB will be taken no copies of the same paper wallet will be admitted at the second attempt.
   Note that the organizer might stop ticket sale if the event is sold out. Direct payments to the Vault
   bypassing Step 1 can be identified and will be considered as donations, not as entry fees. The process is a simplified
   demonstration of colored coins.

5. The organizer will be supplied with a special purpose Wallet by BOP, so they can spend the Vault to any address they need to
   fund the event, provided 2 out of them signs the same transaction. Note that, BOP will be at no point in possession of the
   funds, nor any of the organizer individually.

6. All tools involved and specific to the process, such as the coin splitter, event entry validation mobile application and the special
   purpose wallet will be open sourced to demonstrate Bitcoins' and BOP capabilities to go far beyond simple payments without
   requiring trust into the technology provider.

All above was agreed by BOP and the event organizer as Bitcoin was far away from its current value. As you know Bitcoin rose
much faster than most of us imagined, and this project became much more urgent than anticipated by any of us.

I hope you agree that above technology demonstration adds to the anticipated positive media effect of the party, and therefore
forgive us for being not able to match the stunning speed of Bitcoin's appreciation with development and testing.

Our current plan is to start ticket sales on 9. December.

Let's delay the party until nice weather anyway. Are we below $1000 on the 24h moving average?