Thanks for the reply Danny.
I just believe trading in terms of mBTC seems unreliable and "cheap" when explained to people.
Topic: Entry Barriers (Read 464 times)
Hey Danny,
Do you means that bitcoin is like bacon? You might e able to get a pound of maple smoked bacon for $16. But if I's only have $10 in my pocket I might be able to get a half pound of bacon fors $8. So bitcoin is like bacon. That's pretty smart. I tell you them bitcoin fellas be pretty smart.
Do you means that bitcoin is like bacon? You might e able to get a pound of maple smoked bacon for $16. But if I's only have $10 in my pocket I might be able to get a half pound of bacon fors $8. So bitcoin is like bacon. That's pretty smart. I tell you them bitcoin fellas be pretty smart.
Yes. Except that bitcoin can be split into much smaller pieces than a pound of bacon. If bitcoin costs $1,000,000 per bitcoin, you could still get a hundred-millionth of a bitcoin for $0.01.
Hey Danny,
Do you means that bitcoin is like bacon? You might e able to get a pound of maple smoked bacon for $16. But if I's only have $10 in my pocket I might be able to get a half pound of bacon fors $8. So bitcoin is like bacon. That's pretty smart. I tell you them bitcoin fellas be pretty smart.
Do you means that bitcoin is like bacon? You might e able to get a pound of maple smoked bacon for $16. But if I's only have $10 in my pocket I might be able to get a half pound of bacon fors $8. So bitcoin is like bacon. That's pretty smart. I tell you them bitcoin fellas be pretty smart.
Do agree. Perhaps it will help if you view it like me...or .01 = 1 bitcoin, hah.
- snip -
I feel like bitcoin being $100 is very high. I mean that's a lot of money. It's very hard for the poor man to get the bitcoin.
- snip -
I feel like bitcoin being $100 is very high. I mean that's a lot of money. It's very hard for the poor man to get the bitcoin.
- snip -
Sure, but 1 bitcoin is just a nickname that is given to 100,000,000 units of currency. A $100,000,000 bill would be rather expensive as well.
Consider acquiring 10 millibitcoin (mBTC) instead. That would be 1,000,000 units of currency, and at a the current exchange rate at this moment would only cost $1.22.
You could sell something you own, could offer a service, or could just find someone local who happens to have some bitcoin and is willing to exchange 0.01 of it for a bit of your local currency.
Hello Atopos,
I knows what you talk about. I feel like bitcoin being $100 is very high. I mean that's a lot of money. It's very hard for the poor man to get the bitcoin. I don't know.
You are very beautiful, that sure is a nice picture of you.
Jerry
I knows what you talk about. I feel like bitcoin being $100 is very high. I mean that's a lot of money. It's very hard for the poor man to get the bitcoin. I don't know.
You are very beautiful, that sure is a nice picture of you.
Jerry
Dear Bitcoin community,
For the last 2 days i've been reading through tons of documents,
I have visited dozens of sites,
and in general have spent a considerable amount of time on learning about the Bitcoin movement.
So i've come to the point that i want to interact with the currency rather than simply read about it's benefits or just speculate how it could change the world.
To be honest i expected more freedom in the currency. That in a way anyone could get in with a minimal amount (50~100 euro) and by investing in this currency (time,effort etc) could in a matter of 1-2 months help further expand the utillity of Bitcoin in his community and make a small part time income.
I've come to a dead end on this issue. I considered strongly bying 1 Bitcoin and then utilise it in the form of ptp marketing through LocalBitcoins or through market exchange but i'm starting to believe that the whole mindset is more of an expensive hobby rather than a tool to share and get people to know about it and utillise.
I come from Greece where this sort of "self-organasation" free of barriers exchange project could flourish. And my only problem is that any sort of start up i can think of demands a biggish capital to begin with.
So i'm posting this topic in order to get opinions/ideas/suggestions/w/e about how i could setup a Bitcoin community here in Greece with 100 euro of startup cash and a lot of summer time.
Thanks in advance!
*Around June~July i'll be working so a bit more cash will be available for me to try things out.
For the last 2 days i've been reading through tons of documents,
I have visited dozens of sites,
and in general have spent a considerable amount of time on learning about the Bitcoin movement.
So i've come to the point that i want to interact with the currency rather than simply read about it's benefits or just speculate how it could change the world.
To be honest i expected more freedom in the currency. That in a way anyone could get in with a minimal amount (50~100 euro) and by investing in this currency (time,effort etc) could in a matter of 1-2 months help further expand the utillity of Bitcoin in his community and make a small part time income.
I've come to a dead end on this issue. I considered strongly bying 1 Bitcoin and then utilise it in the form of ptp marketing through LocalBitcoins or through market exchange but i'm starting to believe that the whole mindset is more of an expensive hobby rather than a tool to share and get people to know about it and utillise.
I come from Greece where this sort of "self-organasation" free of barriers exchange project could flourish. And my only problem is that any sort of start up i can think of demands a biggish capital to begin with.
So i'm posting this topic in order to get opinions/ideas/suggestions/w/e about how i could setup a Bitcoin community here in Greece with 100 euro of startup cash and a lot of summer time.
Thanks in advance!
*Around June~July i'll be working so a bit more cash will be available for me to try things out.
Jump to: