Author

Topic: Critical Mass in 2013 (Read 1559 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 31, 2013, 08:07:43 PM
#13
Remember the ECB's report on "electronic currencies" blatantly about Bitcoin late last year? It was a nice write-up, around 60 pages if I recall correctly. But what was the purpose of it? Why publish it on the Internet for everyone to see, rather than send some memos to the higher-ups? If they're worried about the banks and governments, and Bitcoin poses a legitimate threat, wouldn't that make it a pretty sensitive topic? I'm becoming more and more convinced that the report wasn't so much a warning about Bitcoin, but rather: an attack move. It was the purposeful act of informing as many people as possible about Bitcoin, and letting them know that the ECB is taking it seriously. And by claiming that it falls within their domain of responsibilities, in a round-about way the ECB is actually backing Bitcoin. Cheesy


ECB rather thinks they're responsible for everything money related.

Good thing bitcoins are not money then ....  Cheesy
hero member
Activity: 868
Merit: 1000
January 31, 2013, 07:04:38 PM
#12
Remember the ECB's report on "electronic currencies" blatantly about Bitcoin late last year? It was a nice write-up, around 60 pages if I recall correctly. But what was the purpose of it? Why publish it on the Internet for everyone to see, rather than send some memos to the higher-ups? If they're worried about the banks and governments, and Bitcoin poses a legitimate threat, wouldn't that make it a pretty sensitive topic? I'm becoming more and more convinced that the report wasn't so much a warning about Bitcoin, but rather: an attack move. It was the purposeful act of informing as many people as possible about Bitcoin, and letting them know that the ECB is taking it seriously. And by claiming that it falls within their domain of responsibilities, in a round-about way the ECB is actually backing Bitcoin. Cheesy


ECB rather thinks they're responsible for everything money related.
hero member
Activity: 775
Merit: 1000
January 31, 2013, 06:53:11 PM
#11
Remember the ECB's report on "electronic currencies" blatantly about Bitcoin late last year? It was a nice write-up, around 60 pages if I recall correctly. But what was the purpose of it? Why publish it on the Internet for everyone to see, rather than send some memos to the higher-ups? If they're worried about the banks and governments, and Bitcoin poses a legitimate threat, wouldn't that make it a pretty sensitive topic? I'm becoming more and more convinced that the report wasn't so much a warning about Bitcoin, but rather: an attack move. It was the purposeful act of informing as many people as possible about Bitcoin, and letting them know that the ECB is taking it seriously. And by claiming that it falls within their domain of responsibilities, in a round-about way the ECB is actually backing Bitcoin. Cheesy
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 31, 2013, 02:08:41 PM
#10

Barrier to entry is still too high for widespread adoption, imo ... but the s/ware tools are developing.

Kind of interesting how it is self-selecting that the more technical savvy users can get in earlier ... and as the tools are made available for easier entry it spreads to a wider group of lesser abilities and so on, in stages.
hero member
Activity: 743
Merit: 500
January 31, 2013, 01:55:56 PM
#9
https://localbitcoins.com should invest in friendly and easy to use location based mobile applications for (iOS,Android,BlackBerry,Symbian OS,Windows Mobile) + web applications for Chrome and HTML5
full member
Activity: 150
Merit: 100
January 31, 2013, 12:43:26 PM
#8
That doesn't tell the whole story.  Many or in my case all of those buyers and sellers are old and defunct.  I have five in my area contacted every single one months ago, and still have got nothing back.  The only way I found someone local was through these forums.
legendary
Activity: 1227
Merit: 1000
January 31, 2013, 10:11:24 AM
#7
You can see the maps here:

https://localbitcoins.com/country/us


Check out Germany or the UK as well... it's not just the US (although USA does have a head start..).

Quote
...it's based on the amount of press being generated about Bitcoin and the tenor and quality of the articles (generally speaking). Not sure how useful that map is in gauging this critical mass.

No. These are not people Googling Bitcoin. These are buyers and sellers. It is a very good indicator of Bitcoin adoption, availability and liquidity... much better than Google trends or other oft cited stats.
legendary
Activity: 1386
Merit: 1004
January 31, 2013, 09:58:35 AM
#6
This aint no fissile material.

I beg to differ.
legendary
Activity: 1106
Merit: 1001
January 31, 2013, 09:54:32 AM
#5
Hmmm... I agree that we might be reaching some kind of "point of no return", but it's based on the amount of press being generated about Bitcoin and the tenor and quality of the articles (generally speaking). Not sure how useful that map is in gauging this critical mass.
hero member
Activity: 868
Merit: 1000
January 31, 2013, 09:50:20 AM
#4
where can you see those maps ?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 31, 2013, 09:48:08 AM
#3
This aint no fissile material.
hero member
Activity: 686
Merit: 500
Bitbuy
January 31, 2013, 09:47:44 AM
#2
This looks like it's close to critical mass:



Once we get to 1 million users, Bitcoin could start growing exponentially... like Facebook or Google back in the day.

United States != The World

Having said that, it does look good though!
legendary
Activity: 1227
Merit: 1000
January 31, 2013, 09:45:22 AM
#1
This looks like it's close to critical mass:



Once we get to 1 million users, Bitcoin could start growing exponentially... like Facebook or Google back in the day.
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