Topic: Bitcoin Social Experiment - page 5. (Read 12026 times)

Thanks lucas! 

We now have 5 participants, I would still like to see one or two more though, so I will give additional time before making the decision to move to the next part.

Well, there are now 6 donors, so I think the thread should stand so we can see what this grand experiment is. It would be unfair to the donors to delete the thread.

This social experiment has really got me fascinated - I would wish to participate by giving you 10 BTC - and though I realise that this is above and beyond [in your lofty altruism] what you need in order to make this experiment come to fruition, do you think there could be any way we could make this possible ? Please ??

    In the not too distant future I would like to start up a similar BTC experiment - but to be honest the level of contribution would need to be much higher than that currently required by the OP - as such it would only really be of interest to the serious/experienced BTc investor and source code officionado  

   Seriously man - do us all a favour  

Thread needs removing IMHO

So, I think I saw 6 participants... does the next stage start now?

Sent, interested to see what comes of this "experiment".

https://blockchain.info/tx-index/8c2f4fd7ef8d2788c678a297dd8abb468bacf8a43bf18c9df299ea969143011e

Thank you cubic! I have always said, hard work is its own reward. Or was that hard work killed the mule, I can never keep these things straight...

You are thinking to small. I am actually holding out for 1, 10, even 100 million!!!

Interesting analysis, I might need your services further on in the study.

True about starting up the account and doing the usual newbie stuff, posts a few times in newbie thread, hit up a bunch of giveaways threads, etc...

I can assure everyone I am in no need of the few BTC the project has raised thus far. Remember, the initial request was for a combined total worth $1.00.

I admit I blundered on that a little and should have more clearly stated I need multiple participants to contribute small fractions. I just picked $1.00 as arbitrary amount that was still large enough that as the experiment progresses it wouldn't be destroyed by transfer fees. There will be a need to move the funds around a bit, and if I started with some really small amount, it would be gone in a few transfers.

I do find that this part seems to be pretty interesting already, as we can see human nature in action. Most people are reluctant to participate, even though the experiment clearly calls for an insignificant sum for most of us. I suppose one rational is that people are weary of all the scams and other attempts, and even though it is a small amount, they feel if they gave to every small request they would be broke in no time.

I have also stated that I am in no way interested in someone's participation if the small amount of BTC is significant for them. As mentioned in an earlier reply, I realize that we all live in different circumstances and to some even $1.00 can be a lot. Hopefully, this goes somewhat to show I am not just interested in collecting a few dollars.

Back to business, we are now up to four participants. Each has donated roughly $1.00 each which seems to be a good amount. I still need a few more people to participate before we can begin. As far as any more hints, I have said it enough already to the point of being redundant, revealing anymore will have too much influence on the rest of the project.

Perhaps you are right?  I am one of the, I believe four who have donated so far.  If bitcoin reaches prices proposed in the future say $20,000 $50,000 or even $100,000 the OP is still working hard for vary little money vs effort.

I can afford to loose what I gave and I am curious to know if you have hit the nail on the head or if this is really something more?

Mtnminer

Hm, since I got time at hands...

A little social analysis of the OP :

Registered - 06 Jan 2014
Initial Post - standard

1st Week :
- specifically signed up for several AltCoin giveaways
- specifically signed up for one or more faucets
- complained about some cryptsy exchange issues
- states clearly will be interested in AltCoins
- states he is "rather new" to CryptoCurrencies

2nd Week :
- comes up with this "social experiment" involving BitCoin (not AltCoin) donations
- emphasizes small value/limited risks of requested inputs
- uses human emotion "curiosity" as main motivator/vehicle

Behavioural dynamics :
- went from faucets/AltCoin giveaways to look for active human interface methods how to aquire BTC in the forum within 1 week
- methodical progression of intentions still in planning/fluid
- invests significant (compared to 1st week) time and effort into postings/replies, indicating formation and execution of a new, clear strategy

Initial conclusion (no offense intended) :
- possibly belongs to "free shit army" looking for free money
- probable initial goal : aquire free AltCoins to convert into BTC or cash out, probably on hold/abandoned due to small revenue and exchange issues & fees
- carefully checks out how far he can go with his efforts through normal human interface feedback loops

That was exactly my thought. Unless he lives somewhere in Somalia or another country where $1 is worth much more than here, he works hard for minimal 'profit' and this topic already intrigues/entertains me

Eh, I just sent .001 btc.  If this is a scam I'd say he's working pretty hard for minimal result

Three people have come forward and been willing to take part in this experiment. I could use a few more people to donate some small amount, preferably under $1.00 worth of bitcoin. Five participants would be the minimum needed even though more would be better.

Thanks for your response and I like your paper wallet idea of handing out tips, etc. to help build awareness about Bitcoin in your country.

No, I do not expect anyone to donate unless the amount they choose to give is of little significance and value to them. Also, I would not consider this to be any type of scientific experiment in the grand sense of the term, but more of a fun distraction to be carried out by participants in the venue of an online forum. There are no plans to cure cancer, stop world hunger, end violence against man-kind, or any other worthy goal, simply the idle pursuits of a bored "Bitcoiner" looking to inject a little interest, and perhaps a bit of fun, in the otherwise too serious discussions.

I would like to think of this as more of a TV show, perhaps "infotainment", and at this point I have some plans on how this will unfold, but as the experiment rolls on it will take some twists and turns that even I cannot predict at the present time. I will say that great care will be taken to execute the phases in an appropriate manner, and I fully expect much will be able to be written about the results once this has completed. Some concepts will be drawn from past social experiments and some will be new. It is too early to give out more detail until I have more active participants. Everyone else is free to comment and follow along in this thread, so do not feel you will be left out of much by not donating.

Well I had to support a fellow South Park fan.
Good "luck"

Thank you for your donation!

Just to update everyone, I am working on the next part of the experiment while I wait to gather a few more participants. Five people would be the minimum, but I would like to see closer to 10-12 people to make this a bit more meaningful. We will go forward with five if it comes to it, but again more would be nice.

lightly dusted 

It very well could, I make no promises. Although asking for only a dime a pop will take some, hmm, *pulls out calculator, crunch, crunch, crunch.. carry the 5, add the one... maybe 1000 years to become profitable.

OP is this science experiment in any way to get Bitcoiners to donate for your private Slumdoge Millionare fund?

It appears that a few are willing to be brave. It is interesting to see the different reactions nonetheless.