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Topic: "I need BTC to X" (Read 4041 times)

jr. member
Activity: 56
Merit: 1
July 06, 2011, 09:34:32 PM
#33
Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.

I was actually just kidding.

Ah my bad. Didn't mean to go all serious on you then. My answer is I need bitcoins to become rich with just my graphics cards.
sr. member
Activity: 322
Merit: 252
July 06, 2011, 09:03:06 PM
#32
while BTC.price != stable {
difficulty--;
}

OR

while difficulty > 1000000 {
BTC.price = BTC.price*(difficulty/1000000);
BTC.price++;
}
full member
Activity: 139
Merit: 100
What's Your Gig?
July 06, 2011, 09:01:31 PM
#31
Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.

I was actually just kidding.
jr. member
Activity: 56
Merit: 1
July 06, 2011, 08:57:46 PM
#30
Yeah,,, so you guys go figure that out. I'm going to make a sandwich.

If this is an argument for why bitcoins aren't useful, it is silly. I mean, "I need USD for X", "I need paypal for X", and "I need credit cards for X" are all only answerable with X = to pay for things at places that accept them. It is the same with bitcoin. I need bitcoin to pay for things at places that accept bitcoin.
full member
Activity: 139
Merit: 100
What's Your Gig?
July 06, 2011, 08:48:37 PM
#29
Yeah,,, so you guys go figure that out. I'm going to make a sandwich.
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
July 06, 2011, 04:05:33 PM
#28
x=buy food.
My dream is to be able to pay rent with them. (OK, sell them, and pay rent with the dollars)

Bruce Wagner already is.

But my name is not Bruce Wagner.
sr. member
Activity: 252
Merit: 251
July 06, 2011, 01:48:16 PM
#27
I don't think anyone "needs" BTC for normal purchases, just as you don't "need" prepaid credit cards, gold bullion or jewels.

The only peple that 'need' BTC are the people doing business over TOR. Everything there is sold with bitcoin.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
July 06, 2011, 01:32:44 PM
#26


Personal Sandbox

PLEASE DO NOT QUOTE






IAO Launchpad
Giving Crypto Startups Their Wings

Contents (including this bullet list, throughout OP all [underlined] links navigate to on-page subject matter unless preceded by 🔗 when ambiguous, viz. not a self-evident URL)


Introduction

🔗 IAO Launchpad, a novel Invite-only, affiliate-based crowdfunding platform, was principally designed for cryptocurrency Startups pursuing seed capital to propel their blockchain-based Utility Token projects.

IAO, an acronym for Initial Angel Offering, bears resemblance to the architecture of an ICO, etc. Contingent on context, IAO denotes the expressed acronym or the eponymous token-cum-ticker symbol when offered on anticipated crypto exchanges.

🔗 With Bitcoin on pace to surpass PayPal in terms of US dollar transactions, more people will enter the blockchain space, some evaluating new crypto ventures to support, preferably initial offerings listed on a trusted crowdfunding platform like IAO Launchpad.

Networks


Misc.

  • No bounties
  • No campaigns
  • No IAO reserves
  • No IAO tokens allocated for Team et al.

Problems IAO Launchpad Solves

Crypto Startups frequently lack funds to cover the most basic expenses, e.g. advertising, marketing and promotion.

  • IAO Launchpad doesn't require any up-front expenditure from nascent crypto companies.

Now that IEOs (not to mention STOs) eclipse ICOs as the crowdfunding option of choice, the burden of entry for Startups has become overbearing.

  • IAO Launchpad provides a cheaper, faster, and smarter way to acquire initial funding for Startups.

Supporters searching for the next big thing in Cryptoland want assurances that prospective ventures measure up to expectations (read: trustworthy).

  • IAO Launchpad and its members contribute to the vetting process of initially approved enterprises. Startups worth their salt will not have any difficulty sailing through the procedure.

For folks in pursuance of advantageous affiliate programs, rarely does one materialize in the crypto space.

  • As an integral formula for incentivization, all Startups questing funding on IAO Launchpad will integrate their own enticing affiliate programs, some, perhaps, [partially] paralleling ours outlined herewithin.

Benefits

For Startups Seeking Initial Funding

  • ZERO start-up cost
  • Floating flat-rate Fee schedule of 5%-10% (no tokens) for participation, satisfied at close of your crowdsale
  • Hard Caps feasibly achievable (min. U$210,000; max. U$2.1M)
  • Connect with our members pool champing at the bit to infuse funding toward your crypto endeavor, the sizable membership achieved through our unrivaled referral program featuring a generous affiliate prize structure
  • Access again to our pool of members if or when ready to conduct an imminent funding round(s) (ONSITE or offsite)
  • Unburdensome [yet effective] vetting process with guidelines provided beforehand
  • Our Team will assist with your marketing

For Supporters Seeking Innovated Upstarts

  • IAO Launchpad members remitting IAO to purchase Startups' tokens during their Pre-Sales enjoy at least a 20% savings
  • Permitted first options for participation in Pre-Sales during any future funding rounds of crypto ventures that successfully conduct an Initial Angel Offering on IAO Launchpad, echoing, saving at least 20% via IAO
  • With assistance from its members, IAO Launchpad vets Startups ahead of inclusions[Č] on the crowdfunding platform
  • IAO Launchpad will send at least one representative to personally meetup [worldwide on our dime] with agents of Startups upon passing the vetting process; the engagement live-streamed in real time[Č] on our dedicated YouTube channel for the intent of addressing fresh questions/concerns by potential supporters in advance of an IAO launch

Č Excluding the first IAO Launchpad crowdfunding participant – 🔗 Prasaga – (Data Grid Blockchain [DGB] with its native Data Grid Token [DGT]), an ambitious undertaking – given its Team’s overwhelming accolades, of which I (Bruno) have personally met its CEO, 🔗 Michael Holdmann, on several occasions.

For Affiliates Seeking to Maximize Their Involvement

  • Earn free IAO tokens upon Registering and generating your one-off seven-digit alphanumeric referral code
  • Earn bonus IAO tokens when enlisting sub-affiliates, down to two tiers
  • Bonuses multiplied up to 16X (20X if a Founder) when you or your sub-affiliates purchase IAO (see Refer-a-Friend Program)
  • As previously mentioned, Startups will implement [comparable] affiliate programs during their crowdfunding campaigns, bettering your likelihood of winning prizes upon enrollments

  • Fabulous prizes awarded to TOP 20 affiliates (images gleaned from the Net)

    • 1st Place: 2020 Lamborghini Huracán EVO Spyder [for the When Lambo? crowd] (or U$280,000 in crypto of choice)

      .
    • 2nd Place: 🔗 Viking Ultimate World Cruise (or U$100,000 in crypto of choice)

      .
    • 3rd Place: Rolex Day-Date 40 Yellow Gold - Diamond Bezel Watch (or U$60,000 in crypto of choice)

      .
    • 4th Place: U$25,000 in crypto of choice
    • 5th Place: U$10,000 in crypto of choice
    • 6th Place: U$5,000 in crypto of choice
    • 7th to 10th Place: U$2,500 in crypto of choice (U$10K total to 4 winners)
    • 11th to 20th Place: U$1,000 in crypto of choice (U$10K total to 10 winners)

The above awards predicated on the IAO Launchpad crowdsale reaching its Hard Cap of U$2.1M; or fully awarded upon the first 10 IAO Launchpad projects reaching the maximum-allowable Hard Caps (latter stipulation does not apply for projects' awards schedule unless sanctioned).

IAO Launchpad will make every effort in assuring transparency and fairness of our and ensuing Startups' affiliate referral contests as much as humanly possible.

Why $u¢h Mu¢h Prize$?

The substantial referral prize awards were patently structured to marshal - and guarantee - wide financial support from the crypto community for IAO projects they applaud.

With IAO Launchpad, Startups will readily have overwhelming funding support from our members functioning as a collective "Angel Investor", yielding ONLY up to 25% in cash and prizes to TOP-performing affiliates in preference to routinely double said percentage (comparatively speaking) to a rapacious institutional VC(s) for analogous results.

Fundamentally, incentivized mass appeal achieved by incorporating similar or modified affiliate programs into crowdfunding drives on IAO Launchpad, thereby heightening momentum for all future concerns.

How IAO Launchpad Works

With paid-for press releases (PR) conjectured in becoming a relic of the past, vigorous in-house affiliate programs start replacing such in bringing about more profitable payoffs for Startups and mature corporations alike.

Borrowing select affiliate pages from the playbooks of Binance, T-Mobile and Tesla (to name a few), IAO Launchpad's business model also consists of garnering support via its own Refer-a-Friend Program, further inspired by, and aspiring to, the effectual 🔗 Evernote Ambassador Program (paraphrasing: "remarkably amassing over 100 million users worldwide with a modest U$0 budget for user acquisition").

When crypto projects approach IAO Launchpad for admittance, our vetting process begins. Once timely approved upon passing muster, as an added deterrent our members likewise conduct semi-recurrent vetting in keeping nefarious actors at bay. Directly thereafter, IAO-HODLing members vote in determining the next queued Startup worthy for funding, in the interim, limiting the number of Startups to a TBD acceptable level at any given time.

Registered members require possessing IAO (any amount) to participate in crowdfunding projects on the IAO Launchpad platform.

Fee Schedule for Startups

IAO Launchpad does not necessitate tokens from Startups as part of Fees for their participation on our platform.

  • 10% ~ For minimum Hard Cap of U$210,000 (U$210K) raised
  • 7.5% ~ For up to U$1,000,000 (U$1M) raised
  • 5% ~ Between >U$1M and the maximum Hard Cap of U$2,100,000 (U$2.1M) raised

Flat-rate Fees peaked at 7.5% (schedule TBD) if Startups conduct subsequent funding rounds on IAO Launchpad.

Tokenomics


  • 21M IAO for sale, equating to U$2.1M Hard Cap
  • Up to 21M IAO dispersed via Airdrops and Refer-a-Friend Program
  • All unallocated IAO tokens BURNED at the conclusion of our crowdsale

For price discovery, IAO will trade on myriad crypto exchanges outside our influence and control.

IAO Airdrop for Registrants

No Purchase Necessary for Registering

Two-tier Reward System (unless Founder):

  • 60 IAO rewarded for simply 🔗 Registering [by Invite only] and obtaining your exclusive referral code
    • 30 IAO rewarded for each Invited sub-affiliate Registering below you using your referral code
    • 15 IAO rewarded each time aforementioned sub-affiliates successfully Invites additional affiliates
      • 15 IAO (3rd tier [multiplier] reserved for Founders)

Non-purchased Airdrop IAO tokens allocated at the end of the crowdfunding campaign prior to listing on the first crypto exchange (adding exchanges in due course) or ALWAYS released immediately upon reaching 1,000 rewarded IAO; purchased IAO - including any to-date rewarded IAO awaiting releasement - distributed immediately to users' dedicated IAO wallet addresses. Astute HODLers may opt to exercise purchasing the minimal order for IAO (see below) so to timelier take possession of their rewarded tokens if below the 1,000 IAO threshold.

IAO Sales Schedule

A minimum order of U$50 applies for purchases of the first 3 million (3M) IAO during the Pre-Sale; a minimum order of U$100 applies for Post Pre-Sale purchases of IAO; both schedules depicted below:

Pre-Sale

Price
full member
Activity: 237
Merit: 100
July 06, 2011, 01:31:12 PM
#25
x=bring down the banks and free the world from the rothschilds... obviously
full member
Activity: 154
Merit: 100
July 06, 2011, 01:28:29 PM
#24
X = Anything I am presently forced to use PayPal for.
legendary
Activity: 1106
Merit: 1007
Hide your women
July 06, 2011, 01:22:55 PM
#23
Get a divorce and all your coins go directly to X.

Anyone stupid enough to tell his wife how many btcoins he has deserves to lose them.
legendary
Activity: 1764
Merit: 1002
July 06, 2011, 09:58:31 AM
#22
you guys are dreaming, which is fine.

My take on the OP, is what, TODAY, do you *need* BTC to buy? I think his point was "not much".

However, I have found it incredibly easy to gamble with BTC.  And speculate. I know there are sizable numbers of forum users who are against both of these things, but the reality is, that's what you can do with BTC today.  I'm having fun doing both.  But if we are to have a thriving BTC economy, we need that "killer app", that one thing (besides gambling and drugs - not that there's anything wrong with that), that only BTC can get you.

You'll say "anonymity" or all the usual Libertarian things (not that theres anything wrong with that, either).  But what will make my Mom or Dad (both diehard union liberals) or my Grandpa (die hard mid western gun nut conservative) say "I got to get me some of those bitcoins so I can buy a xxxxxx".

It aint Alpaca Socks (cool tho they are).

Let's find that killer app.

we already have.

http://www.thinq.co.uk/2011/7/6/bitcoin-android-app-tips/
legendary
Activity: 1764
Merit: 1002
July 06, 2011, 09:55:44 AM
#21
x=buy food.
My dream is to be able to pay rent with them. (OK, sell them, and pay rent with the dollars)

Bruce Wagner already is.
member
Activity: 112
Merit: 10
July 06, 2011, 09:50:01 AM
#20
legendary
Activity: 1008
Merit: 1021
Democracy is the original 51% attack
July 06, 2011, 08:58:18 AM
#19
The more apt question is, "I prefer BTC to X".  You don't really NEED it for anything yet, but the idea is that it's a better option than anything else out there for a variety of uses.

For me so far,
X= shopping online
X= sending money to friends
member
Activity: 266
Merit: 10
July 06, 2011, 08:32:31 AM
#18
I need BTC to make quick, nearly feeless micropayments.
full member
Activity: 210
Merit: 100
Fezzik, tear his arms off.
July 06, 2011, 08:21:40 AM
#17
You need BTC to buy any of the shirts on SquareWear.  Hardly motivating for the masses, but it's a start. Smiley

You also need it to take advantage of deals on MetaCo.in (like today's sweet price on BitJerky), but deal sites are hardly at a premium for fiat currency.
newbie
Activity: 38
Merit: 0
July 06, 2011, 04:48:03 AM
#16
Strictly speaking you don't *need* BTC for anything, but isn't it nice to be first in this economy? Smiley

I've actually bought NES games, a Steam game, some music, and I've gambled quite a bit (I've lost more than I won but that's OK).  It's excellent :-)
sr. member
Activity: 294
Merit: 250
July 06, 2011, 04:32:31 AM
#15
Get a divorce and all your coins go directly to X.

Now *that's* a killer idea.  Hide your assets in BTC!

Divorce lawyers, are you paying attention?
sr. member
Activity: 294
Merit: 250
July 06, 2011, 04:31:06 AM
#14
you guys are dreaming, which is fine.

My take on the OP, is what, TODAY, do you *need* BTC to buy? I think his point was "not much".

However, I have found it incredibly easy to gamble with BTC.  And speculate. I know there are sizable numbers of forum users who are against both of these things, but the reality is, that's what you can do with BTC today.  I'm having fun doing both.  But if we are to have a thriving BTC economy, we need that "killer app", that one thing (besides gambling and drugs - not that there's anything wrong with that), that only BTC can get you.

You'll say "anonymity" or all the usual Libertarian things (not that theres anything wrong with that, either).  But what will make my Mom or Dad (both diehard union liberals) or my Grandpa (die hard mid western gun nut conservative) say "I got to get me some of those bitcoins so I can buy a xxxxxx".

It aint Alpaca Socks (cool tho they are).

Let's find that killer app.
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