Topic: Bitcoin, 10 years ago (Read 1594 times)
Inputs.io is still alive.
Inputs.io got hacked.. I trust TF 
That's why he kept running the site for 2 weeks even though he knew that it was "hacked". 
Did the bank ever tell you that, we got robbed so we only pay you back half....
Inputs.io wasn't hacked.Besides, you WERE warned that online wallets aren't safe. That was a KNOWN fact. Get over it.
Inputs.io got hacked.. I trust TF
Look at everyone beating each other off on syntax and minor wordings here.
There's nothing to say Bitcoin has or will succeed. We, the users of it, are the predictors of that. Before the concept of fiat, if no one used money, it would always be worth that value because it has intrinsic value. Bitcoin's value is driven off collective speculation of the market, in a concept distinct from, but not unlike, fiat.
Let's not look at Beenz as an earlier analog to Bitcoin, but more of a step in the way. Even though Bitcoin isn't centralized, if the majority of BTC users don't smart up (cough cough, all the n00bs complaining on the anti-BFL threads), you could watch many of the things that happened to Beenz. Just because it's defunct doesn't mean that you can't learn from what happened.
There's nothing to say Bitcoin has or will succeed. We, the users of it, are the predictors of that. Before the concept of fiat, if no one used money, it would always be worth that value because it has intrinsic value. Bitcoin's value is driven off collective speculation of the market, in a concept distinct from, but not unlike, fiat.
Let's not look at Beenz as an earlier analog to Bitcoin, but more of a step in the way. Even though Bitcoin isn't centralized, if the majority of BTC users don't smart up (cough cough, all the n00bs complaining on the anti-BFL threads), you could watch many of the things that happened to Beenz. Just because it's defunct doesn't mean that you can't learn from what happened.
The idea of a worldwide internet currency has been around for quite a while. In 1998, the management team from Beenz managed to raise over $100 million to create a new digital currency to challenge the world's major currencies. Despite well-funded marketing, technical, and legal teams, Beenz was defunct by 2001.
http://en.wikipedia.org/wiki/Beenz.com
Why will bitcoin succeed when Beenz failed?
They are not comparable.
The idea of a worldwide internet currency has been around for quite a while. In 1998, the management team from Beenz managed to raise over $100 million to create a new digital currency to challenge the world's major currencies. Despite well-funded marketing, technical, and legal teams, Beenz was defunct by 2001.
http://en.wikipedia.org/wiki/Beenz.com
Why will bitcoin succeed when Beenz failed?
Did the bank ever tell you that, we got robbed so we only pay you back half....
Inputs.io wasn't hacked.Besides, you WERE warned that online wallets aren't safe. That was a KNOWN fact. Get over it.
We need a better cryto currency... too many hacker going around Bitcoin, inputs...... 
I saw on the news a man robbed a bank. We need a better dollar, too many robbers, robbing banks.
Did the bank ever tell you that, we got robbed so we only pay you back half....
It was like swagbucks. Comparing swagbucks to Bitcoin is extremely daft.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
The centralization of Beenz is what killed it. They had to bend over backwards to try to keep the banks and governments happy. And while the banks initially seemed to be on board, mainly to keep from being called anti-competitive, they would never allow a system like Beenz to grow big enough to challenge their monopoly on money.
From this history I predict:
Banks and their allies will eventually declare war on Bitcoin, but it will not be an open declaration.
With no central organization to attack, the war will rely on propaganda and ever-tightening regulation designed to stifle legitimate use.
Bitcoin will enjoy varying levels of legality depending on the country it's used in.
Eventually the population will reach critical mass of acceptance and vote to deregulate.
OMG. Bitcoin isn't digital gold. Bitcoin is digital pot.
What hath you done?
We need a better cryto currency... too many hacker going around Bitcoin, inputs......
I saw on the news a man robbed a bank. We need a better dollar, too many robbers, robbing banks.
i saw someone who stole bread. we should stop making bread, too much bread theft going on.
the truth is that there will always be scammers. there is nothing anyone can do to stop it... and i doubt any other "crypto currency" could solve this problem. the only way to reduce scams is to make bitcoin more transparent and less anonymous.. which would defeat the purpose.
We need a better cryto currency... too many hacker going around Bitcoin, inputs......
I saw on the news a man robbed a bank. We need a better dollar, too many robbers, robbing banks.
We need a better cryto currency... too many hacker going around Bitcoin, inputs......
I saw on the news a man robbed a bank. We need a better dollar, too many robbers, robbing banks.
We need a better cryto currency... too many hacker going around Bitcoin, inputs......
Better? You're implying there is something wrong with Bitcoin because hackers exist?
I would say it being centralized was the problem
I would of said, your out of your mind. But you might be onto something lol.
We need a better cryto currency... too many hacker going around Bitcoin, inputs......
BTC will either be in the $1000's by then, or it'll be worthless most likely.
It will either be worth $100 000 then, or $50 000. 10 years ago people would of been like "Wtf is Bitcoin". 10 years ago people wouldn't of traded a piece of dust for a bitcoin.
In 2023 you can look back at this thread. 10 years ago people would of been like "Wtf is Bitcoin". 10 years ago people wouldn't of traded a piece of dust for a bitcoin.
In 2023 you can look back at this thread.
Peer to peer file sharing technology also know as BitTorrent was here already in 2001:
http://en.wikipedia.org/wiki/BitTorrent
So there was chance for Bitcoin to start sonner, no doubt
http://en.wikipedia.org/wiki/BitTorrent
So there was chance for Bitcoin to start sonner, no doubt
10 years ago people would of been like "Wtf is Bitcoin". 10 years ago people wouldn't of traded a piece of dust for a bitcoin.
With no central organization to attack, the war will rely on propaganda and ever-tightening regulation designed to stifle legitimate use.
The attack already started with "science" papers describing "flaws" in Bitcoin like
Bitcoin flaw could let group take control of currency
http://money.cnn.com/2013/11/04/technology/bitcoin-flaw/
Researchers Say 'Bitcoin Is Broken' And Could Collapse
http://www.businessinsider.com/researchers-say-bitcoin-is-broken-and-could-collapse-2013-11
http://money.cnn.com/2013/11/04/technology/bitcoin-flaw/
Researchers Say 'Bitcoin Is Broken' And Could Collapse
http://www.businessinsider.com/researchers-say-bitcoin-is-broken-and-could-collapse-2013-11
It's never as effective as cutting off the head
With no central organization to attack, the war will rely on propaganda and ever-tightening regulation designed to stifle legitimate use.
The attack already started with "science" papers describing "flaws" in Bitcoin like
Bitcoin flaw could let group take control of currency
http://money.cnn.com/2013/11/04/technology/bitcoin-flaw/
Researchers Say 'Bitcoin Is Broken' And Could Collapse
http://www.businessinsider.com/researchers-say-bitcoin-is-broken-and-could-collapse-2013-11
http://money.cnn.com/2013/11/04/technology/bitcoin-flaw/
Researchers Say 'Bitcoin Is Broken' And Could Collapse
http://www.businessinsider.com/researchers-say-bitcoin-is-broken-and-could-collapse-2013-11
It was centralized and in 2001, it was too early for a digital currency.
No wonder why it was Defunct 2001. The whole concept is crap.
It was like swagbucks. Comparing swagbucks to Bitcoin is extremely daft.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
The centralization of Beenz is what killed it. They had to bend over backwards to try to keep the banks and governments happy. And while the banks initially seemed to be on board, mainly to keep from being called anti-competitive, they would never allow a system like Beenz to grow big enough to challenge their monopoly on money.
From this history I predict:
Banks and their allies will eventually declare war on Bitcoin, but it will not be an open declaration.
With no central organization to attack, the war will rely on propaganda and ever-tightening regulation designed to stifle legitimate use.
Bitcoin will enjoy varying levels of legality depending on the country it's used in.
Eventually the population will reach critical mass of acceptance and vote to deregulate.
OMG. Bitcoin isn't digital gold. Bitcoin is digital pot.
Quote from: Wikipedia article on beenz.com
See also
Internet currency
InternetCash.com
Bitcoin
Flooz.com
Internet currency
InternetCash.com
Bitcoin
Flooz.com
What the fuck is this.
The end??
Quote from: Wikipedia article on beenz.com
See also
Internet currency
InternetCash.com
Bitcoin
Flooz.com
Internet currency
InternetCash.com
Bitcoin
Flooz.com
What the fuck is this.
It was like swagbucks. Comparing swagbucks to Bitcoin is extremely daft.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
"global money that would challenge the world’s major currencies"
"beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points"
Ridiculous.
Quote
Beenz.com was a web site that allowed consumers to earn beenz, a type of online currency, for performing activities such as visiting a web site, shopping online, or logging on through an Internet service provider.
They had the wrong perspective; this isn't a currency, it's reward points.
Also it was centralized
Also
It had a silly name.
Beenze were about as much like bitcoin as frequent flier miles. They were centralized, closed source, and open to any manipulation the authority wanted. They were not currency. They were crappy coupons.
it was not swarm-driven.
Quote
Beenz.com was a web site that allowed consumers to earn beenz, a type of online currency, for performing activities such as visiting a web site, shopping online, or logging on through an Internet service provider.
They had the wrong perspective; this isn't a currency, it's reward points.
Also it was centralized
Also
It had a silly name.
The idea of a worldwide internet currency has been around for quite a while. In 1998, the management team from Beenz managed to raise over $100 million to create a new digital currency to challenge the world's major currencies. Despite well-funded marketing, technical, and legal teams, Beenz was defunct by 2001.
http://en.wikipedia.org/wiki/Beenz.com
Why will bitcoin succeed when Beenz failed?
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