Topic: btc failed purpose? (Read 1723 times)

I think bitcoin is a great way to show you business to the people, let them know you like to think different and want to improve the world in way others might now be. If you need any help with setting up bitcoin for you business I am sure you'll find some great help around here.

No reason you can't do both!

Start accepting bitcoin absolutely (if us based, bitpay or coinbase great options) at the very least. 

meh who cares buy that crap ipo if you want to benefit others and not everyone.

I want a currency or money supply that is fair for all, one that is not fueled by btc or fiat since btc is fueled by fiat... don`t get me wrong btc and fiat have both been amazing and have propelled humanity into the right direction and well sometimes the wrong direction and I respect them both, We can/could use both of them in the future. We can use bitcoins technology and fiats market pricing index to help a real money supply that is just and fair for all, lots of people want gold and sliver to, which I think they are alright except we kind of need the gold for future space projects and other things, not to mention who owns all the gold and sliver? "1980`s 1990`s WE BUY GOLD NOW COMMERCIAL.exec... CASH FOR GOLD NOW ETC ETC" also who can buy all the bitcoin? who creates all the fiat? ....

Now money is a great thing for humans don`t get me wrong, it makes trading easy, it propels people to work and build things, it maintains budgets for our governments and in some country`s it has pushed civilization to a whole new era.

If there was a global money/coin we all mined from birth or perhaps got released a certain amount of our new coin each year it could work, you could still gain/lose some of it if your want to enterprise or sell your food or do whatever from your work to gain more it would propel people to do stuff still to gain more then what they have and work would still get done and jobs would still be around.  Most of the richest people I know are hard working people.

Now go ahead, take the U.N and countries that want to be involved and somehow divide population/country size/exports (with fiat charts) and give them some of this coin so our system we have currently also stays intact we don`t need to kill the whole system the system is pretty good right now but defiantly could be better and nicer to all.

-I purpose a coin that everyone mines from birth at the same rate
-The Leaders of each nation are given some extra to control stability
-People market there own coins for the own products/business (you can buy some of my wine and I earn some of your "new" coin that I know you worked for or is part of your human/country's allowance and not just made up b.s.

this seems the fairest to me.. it is not fueled by money that can be made up out of thin air... has all the btc technology link to birth certificates, keeps the country's fair and just and the money supply fair and just.  

can`t we all just work together and explore space? and perhaps have war with space aliens.. or better yet make friends with them, instead of being like the red and black ants fighting all the time? Have a world that all can prosper in if they do the work to? what race are you? I am human. Whats my background? *looks behind me*

I admit I am not perfect and have make mistakes and I am sure others have to, only way to learn what to do is from making mistakes, haven`t we made enough on earth already? can we not learn from the past what happens to our own species due to broken money supply matters?  

anyways I hope someday for the sake of humanity we can work together and yes I agree there needs to be population control the world is finite making our money out of finite things is bad, heck a space asteroid could hit us at anytime why not go to war with stopping that sort of thing from happening.

... someday ... hopefully.

http://metrouk2.files.wordpress.com/2014/03/wpid-800705262_7071400-596x362-1313757438562_304x185_inline.jpg

http://www.youtube.com/watch?v=Pl305N56CGY

Ethereum raised more than 7000 BTC in 2-3 days. So I won't say it is not worth their market cap yet.

ok you all want me to be a slave still, I guess I will run on the hamster wheel some more.

http://media.giphy.com/media/uOzQ4AloxLuMg/giphy.gif

I'd agree to stick with bitcoin. Adding other coins would be a waste of time and money. I think you'll have enough of an issue with adding bitcoin and you'll get good exposure from it. I can't see it hurting for any business to accept bitcoin frankly, unless they can't figure out what to do tax-wise.

where can you buy anything with litecoin?
just stick with btc

I wouldn't create a new coin just for your business. The purpose of any coin is to be widely accepted, not just by one business.

550 within 48 hours wont happen, its already gaining momentum and currently trading at 605

bitcoin has value because of multple reasons. each person has their own reason,

stuff like buying stuff online without the wife seing it on the bank statement, or the police.
stuff like trading for legal produce without the paypal chargeback theft, which normally pisses merchants off, thus bitcoin is better for merchants
stuff like trading on exchanges in a market thats not rigged or costing alot in commissions, taxes and other restraints
stuff like hoarding it as an investment vessel.
and the list goes on and on and on.

as for bankers buying up all the bitcoins. well.. at the moment there are only 14mill in existence so far, and just buying 10k (0.07%) would send the price from $600 to $800 if bought on an exchange. so imagine the cost once the 10th lump of coins is bought. then imagine the cost after the 100th lump. to buy all 14mill coins would cost billions if not trillions. thats if you could persuade all owners to hand them to you.

and as for bribing miners.. bitcoins are released at 25 coins per 'puzzle solved' which averages as once per 10 minutes.. or 3600 coins a day. no matter how much you paid you cant break this speed to get all the coins quicker. and ofcourse because there is not just one miner, the complications of finding all these miners to grab all their rewards that hav been split up between them, to even hope to get all 3600 coins each day.

now as for making your own coin. if its sole purpose was for your business. then it would be seen by customers much the same as them buying gift vouchers. where they hand you FIAT, and be given something that they can use later to buy your wine.

as for scams. all altcoins COULD be utilised for something real or useful, but most of the people making coins will tell you some sob story or some great epic utopian dream. ask you to hand over your bitcoins. and then do nothing more. making them useless and leaving the holder of the coins with something that as no practical use.

that is why its best to stick with bitcoins as the 'blue chip' investments and trading.. and only risk altcoins as the 'penny share' risky trades.

making your own coin would only be as valuable as buying gift vouchers. because at the end of the day its still convertible back to fiat to buy stock, pay wages etc that makes tax still viable. so its not correct to say its not requiring tax. but could be used to decrease or use the 'avoidance' loopholes.

I'm from California, very close to wine country - the Napa Valley, which actually is rather cool much of the year due to proximity of Pacific Ocean.

But I went to college in Western New York where it gets very cold, and there were wine vineyards there too. So vineyards is Canada is not surprising to me.

Come on man wtf, like thye grow grapes in ice?

Canada grapes or winery?

COME ON MAN

http://en.wikipedia.org/wiki/Canadian_wine

Wiki got to be jiving you all

www.wikisucks.com

haha

Canadian wine...

wow

Doge?

Doge was a joke, a meme, and it is rapidly decreasing in value because the joke is over.

Don't go by "big name" - do your homework and research, a lot of them are big name one day and quickly vanish.

I don't think people would pay in doge, as it is mainly a joke cryptocurrency. Litecoin, people would consider, but make sure you always accept bitcoin as that will be the main one.

Altcoins are too risky. Better start with bitcoin only, and gradually consider big brand altcoins like doge and lite.

And note that some speculators invested a lot in bitcoin as speculation under the assumption that the limited supply of bitcoin would result in radical deflation causing their investment to grow to huge values.

Those speculators are scared that some altcoins will make it, because that would kill their speculation, as digial currency supply wouldn't be limited to bitcoin. So they will always give advice that harms altcoins to save their investment. They don't give a damn about your business, only their speculation investment paying out.

Most of the altcoins are not worth what their marketcap implies. Try selling them in any quantity and the value will dump before you get even close to selling them all off.

bitcoin's value. I won't speak to that.

I honestly don't think it's a bad idea if you accept Bitcoin too. You can make it a branding thing the way someone with an online cat emporium could accept Catcoin (one that already exists, BTW) and work that into their marketing. Just be sure you actually get into the exchanges so you can exchange your cryptocurrency for Bitcoin. You might reference this article on "Using Cryptocurrencies As Part Of A Brand"

stick to currency which people values and trades the most. Bitcoin