Bitcoin Island Party - "The Bit Drop"

BittBurger

hero member

Activity: 924

Merit: 1001

Hmm. Google images the island. Looks like there isn't much of any infrastructure, civilization, or much of anything going on there aside from a couple small villages.

Everyone looks sweaty, run down, and dirty.

Why did they pick this island? They must have skipped over 15 islands to get there.

All with a heck of a lot higher tech savvy citizens, and maybe even some infrastructure to support an economy.

Is this a publicity stunt for Coinapault or actually something that will benefit Bitcoin in the long run?

-B-

Bitbirdhunt

member

Activity: 77

Merit: 10

Now how fun of a vacation would that be, and just imagine all the fun intoxicated crypto chats with fellow bitcoiners! Cool

.1 though, I rather save it and hope one day its worth a vacation on its own.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

some will just convert the coin into FIAT, some will lose their bitcoin and some will use their BTC and tell their friends about it.

MoonRise

member

Activity: 83

Merit: 10

Quote from: LiteCoinGuy on August 13, 2014, 01:35:06 PM

Bitcoin Island Party

Join Coinapult, Aspen Assurance & Bitcoin Beauties
for the first tropical Bitcoin party! We are throwing a full-island party called The Bit Drop for an entire nation in the Caribbean. The Bit Drop will be sending Bitcoin to every resident with SMS texting on this Caribbean island — roughly tens of thousands of people who call this island home will be part of a unique experience. Each islander will own Bitcoin and celebrate in style with well-known surprise musical artists who support Bitcoin, fire dancers, sponsored tropical island spirits, free giveaways, and full bitcoin education booths during the event.

http://letthebitdrop.com/

Many would just convert the coin into FIAT,buy a crate of beer and forget what's bitcoin.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Video: Sarah Blincoe Talks “The Bit Drop” Free Bitcoin for 70,000 Dominica Residents

Project manager Sarah Blincoe talked to Sean about “The Bit Drop,” an unprecedented effort to distribute free Bitcoin to the residents of an entire sovereign nation. Digital currency will drop on the small island of Dominica on Pi Day (March 14), 2015, with the help of Coinapult (SMS distribution) and the College Cryptocurrency Network (education), among others.

http://coinbrief.net/bit-drop-interview/

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Entire Population in Caribbean Country Dominica Receiving Free Bitcoins in early 2015: “Let the Bit Drop”

The CEO of Coinapult has spoken to Dominica News Online revealing that at least $10 USD worth of bitcoin will be given to each island resident.

http://banksworstfear.com/entire-population-caribbean-country-dominica-receiving-free-bitcoins-early-2015-let-bit-drop/

Cool

Moneyunmaker

newbie

Activity: 42

Merit: 0

Interesting times to live

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: franky1 on August 28, 2014, 09:05:04 AM

Quote from: spazzdla on August 28, 2014, 08:45:02 AM

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

i share franky1s view.

better pesimistic than too optimistic and unrealistic.

but:

Dominica Will Become First Country in the World to Adopt Bitcoin

http://panampost.com/belen-marty/2014/08/28/dominica-will-become-first-country-in-the-world-to-adopt-bitcoin/

bornil267645

sr. member

Activity: 406

Merit: 250

AltoCenter.com

Feeling sad, cant join Cry

realbtcdealers4real

newbie

Activity: 56

Merit: 0

This is amazing! I would love to go.
Anyone want to host a "1BTC entrance" party? Like if you are the owner of at least 1 BTC in your wallet, you can enter Grin

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: franky1 on August 28, 2014, 09:05:04 AM

Quote from: spazzdla on August 28, 2014, 08:45:02 AM

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

Fair enought, I suppose the fact I cannot just buy a ticket to this party with BTC is pretty sketchy.. I figured they would just set it up if you wanted to go it would cost... I dunno 2-5 BTC with 10% of that going to this cause.

franky1

legendary

Activity: 4424

Merit: 4794

Quote from: spazzdla on August 28, 2014, 08:45:02 AM

You guys are very pesimistic.

of course we are.
think about it. there are only 170,000 tonnes of gold, and 13mill bitcoins. this equates to:
1btc=458 ounces (on a rarity scale)

so knowing how rare bitcoin is, how pessimistic would you be for people on the internet to ask for 46 ounces of gold(0.1btc) for some project.

doing due diligence and not automatically trusting things is what smart bitcoin holders SHOULD be doing. scammers only win if people hand over funds without trusting or checking first. so treat everyone as a scammer until proven innocent. especially if you have the funds, they dont and their the ones asking for free donations

spazzdla

legendary

Activity: 1722

Merit: 1000

You guys are very pesimistic.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

I checked out that Bitcoinbeauties website, and I'm trying to figure out if those girls are bitcoin prostitutes. Considering one of them has no information other than her pics, my suspicion is yes.

This whole scheme reeks of a way to catch a few dumb lonely bitcoin whales, lure them to a tropical island, and bleed them of as much wealth as possible.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

70,000 Caribbean Island Residents to Receive Bitcoin in 2015

All 70,000 residents living on the Caribbean nation of Dominica will be eligible to receive bitcoin as part of ‘The Bit Drop’ project, an upcoming collaboration between bitcoin businesses, interest groups and local government officials.

Scheduled to take place on 14th March, 2015, The Bit Drop will feature an island-wide party boasting ‘celebrities, musicians and supporters of bitcoin’, as well as education booths and free giveaways. The event will also coincide with Pi Day, an annual celebration of the mathematical constant π (pi).

http://www.coindesk.com/70000-caribbean-island-residents-receive-bitcoin-2015/

gonnafly

jr. member

Activity: 53

Merit: 12

Only $55 to enter! Careful everyone. This smells fishy. Yea, I don't buy this shit for a second. If you 'donate' how would they even know who won? They are not collecting any info from you.
What 'island' are they referring to?

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Acidyo on August 17, 2014, 05:06:03 AM

...a bitcoin party in the isnlands would be amazing.

Richard Branson accepts BTC for some air flights, maybe soon he will add vacations at his island resort.
The future is pretty close to limitless.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

This thread is getting ridiculous...

Although a bitcoin party in the isnlands would be amazing.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: ?? on ??

Yeah cool BTC party this is cool Cheesy

Did you read the thread?
The entire thing is probably a scam, but if done properly this would be a great idea.

bitcoinminer007

newbie

Activity: 56

Merit: 0

When its going to be held? Is there any further update?

Topic: Bitcoin Island Party - "The Bit Drop" (Read 3950 times)