NEEDED URGENTLY: Professional Bitcoin Exchange and More Serious Project Work - page 2.

spenvo

member

Activity: 81

Merit: 10

It's true that the success of Bitcoin is contingent on many things: some of these things, like an economy, are slower to develop than others, like interest in mining.

But BTC is not about to swing into full-on crisis mode. Nobody should be surprised that a large trade weakened the value of BTC--it's common knowledge that bitcoin is extremely volatile.

I feel that "NEEDED URGENTLY" is a bit overblown. Undecided

Furthermore, don't underestimate the rate at which organic growth is occurring. The very nature of the first-adopter crowd (think hacker news) that's been flocking to the hype is the exact kind of individual that will build solid e-commerce services.

fetokun

full member

Activity: 210

Merit: 100

Presale is live!

Quote from: Nefario on April 05, 2011, 05:17:21 AM

Yeah, I get the feeling that a good few people are working on their own projects that just aren't ready yet, at least this is the situation with me.

x2

I'll build a website to buy/sell bitcoins in my home country mainly because almost nobody there will want to get into the bitcoin world if they have no way to change BCs into theyr own currency.

Fender84

newbie

Activity: 7

Merit: 0

Quote from: jgarzik on April 05, 2011, 02:30:37 AM

BitcoinMarket v2 is professional, and too-often overlooked: https://www.bitcoinmarket.com/

Charging .5% on every transaction and 2% on withdrawals? No thanks. I can't even trade from bitcoin to "BMUSD", which I can't do anything with anyways, for free.

Atlas_

newbie

Activity: 56

Merit: 0

Quote from: genjix on April 05, 2011, 01:51:01 AM

I released the source code for Britcoin for this reason. Currently we're talking with lawyers to gain the relevant licenses and expand to other currencies hopefully.

If anyone wants to setup their own exchange, then I can do this for a small fee of ~400 BTC.

I was thinking of open-source exchange software the other day. I am glad it wasn't an original idea.

Thank you.

Jered Kenna (TradeHill)

sr. member

Activity: 420

Merit: 250

Good stuff in this thread, going to watch it

Atlas_

newbie

Activity: 56

Merit: 0

Bitcoin is a sound concept. I wouldn't worry too much. It may reach rock bottom but it can easily gain momentum again. People will pick it up like crazy at less than 50 cents a pop. Personally, I'm ecstatic. This is a great time to buy.

N12

donator

Activity: 1610

Merit: 1010

I totally agree. Instead of arguing about politics and details for pages and pages, you could invest your time in promoting Bitcoin, contributing to bounties, doing whatever you can to help the economy.

My feeling is that few people understand that they have influence over Bitcoin’s value. You can help by joining this thread, for example.

kiba

legendary

Activity: 980

Merit: 1020

Quote from: Nefario on April 05, 2011, 05:17:21 AM

Yeah, I get the feeling that a good few people are working on their own projects that just aren't ready yet, at least this is the situation with me.

We're taking our time because there's not enough competition to motivate bitcoin entrepreneurs to improve their OODA loop.

Nefario

hero member

Activity: 602

Merit: 513

GLBSE Support [email protected]

Yeah, I get the feeling that a good few people are working on their own projects that just aren't ready yet, at least this is the situation with me.

kiba

legendary

Activity: 980

Merit: 1020

People always felt that there is not enough goods and services in the economy. However, our entrepreneurs are not really that fast at iterating or at launching new products.

jgarzik

legendary

Activity: 1596

Merit: 1100

Quote from: sirius on April 05, 2011, 03:44:28 AM

MtGox's and Britcoin's establishment of legal status should make it easier for bigger business to accept coins. Spesmilo or other lightweight clients could be promoted for newbies. Bitcoin as a browser plugin would be golden, even if for MyBitcoin accounts only.

WARNING -- spesmilo and other clients are not ready for prime time. IMO, they should not be recommended at this time. Other than mainline, no client can yet handle bitcoin details such as a block chain reorganization.

(besides the fact that the wiki and some of these clients are filled with specious things like Tonal, which will only serve to confuse the average user)

sirius

sr. member

Activity: 429

Merit: 1002

Wanna setup a Bitcoin-Zaypay site anyone? SMS and phonecall payments. It would be a very easy way to buy small amounts of coins internationally.

MtGox's and Britcoin's establishment of legal status should make it easier for bigger business to accept coins. Spesmilo or other lightweight clients could be promoted for newbies. Bitcoin as a browser plugin would be golden, even if for MyBitcoin accounts only.

jav

sr. member

Activity: 249

Merit: 251

I expect the exchange rate to drop significantly over the following weeks. It is just way too high. The system currently costs about $4500 a day just to keep running (number of Bitcoins mined per day at current exchange rate), without actually providing all that many things you can do with it. Besides admiring its beauty. And recent Slashdotting has shown: Not too many people care about that beauty too much, they maybe think it's a cute idea, but move on when there isn't anything to do with it that they can't do already.

But it's probably not too bad if the hype wears off a little and the project can catch some breath. The reality of software development is, that it takes a lot of time and can not really be scaled up that well. And I think that's the most crucial part that needs improving right now. Yes, I agree, we need more "goods and services", but I think the precursor to that is better software. It's just too much work to integrate Bitcoin right now. We need software libraries and webservices to make that much easier, we need better and easier to use client software and we need mobile clients. These will take time to develop and the hype economy will probably crash in the meantime.

LightRider

legendary

Activity: 1500

Merit: 1022

I advocate the Zeitgeist Movement & Venus Project.

Maybe we can convince the people behind Minecraft that there would be some synergy if they accepted this new digital "mining" based currency.

PLATO

sr. member

Activity: 493

Merit: 250

Don't trust "BBOD The Best Futures Exchange"

I hope to start my bitcoin roadtrip [thread: https://bitcointalksearch.org/topic/platos-bitcoin-road-trip-completed-june-19-bonus-round-sfo-pdx-sea-yvr-4752] this weekend or early next week; as I travel I'm planning on telling everyone I meet about bitcoin, including local media outlets.

jgarzik

legendary

Activity: 1596

Merit: 1100

BitcoinMarket v2 is professional, and too-often overlooked: https://www.bitcoinmarket.com/

fetokun

full member

Activity: 210

Merit: 100

Presale is live!

I dislike repeating myself, but I proposed this solution in another topic (https://bitcointalksearch.org/topic/m.75681) and got almost no responses, but I think it would be a pretty good way to atract bitcoin-based services:

Quote

I was thinking maybe we could build free websites to business like this Deli that are willing to accept bitcoin.

We could have something like bitbusiness.com/yourBusiness (just made up this name) where we could host these websites.
In the same "bitbusiness" (or whatever name we choose) we could help people tracking these places.

I would go to a pretty far place only because it accepts bitcoin! All we have to do is convince business owners of this.

Raulo

full member

Activity: 238

Merit: 100

Quote from: S3052 on April 05, 2011, 01:48:42 AM

WE NEED PEOPLE DRIVING the BITCOIN project forward properly.

Driving Bitcoin project does not equal driving bitcoin price. The last thing Bitcoin needs is a bubble.
We don't need "investors" who buy and hoard bitcoins. There is zero benefit from them for the Bitcoin project. And by driving the BTC bubble they can scare the merchants when the bubble bursts. And all bubbles burst.

By the way, what's wrong with MtGox? As soon as they started accepting wire/ACH/euro transfers, there is no real obstacle with buying BTCs. Buying small amounts of BTCs or buying fast is another story but buying gold is not easy either when credit cards are expensive and risky for the sellers.

S3052

legendary

Activity: 2100

Merit: 1000

genjix is the perfect example of what I mean.

genjix

legendary

Activity: 1232

Merit: 1076

I released the source code for Britcoin for this reason. Currently we're talking with lawyers to gain the relevant licenses and expand to other currencies hopefully.

If anyone wants to setup their own exchange, then I can do this for a small fee of ~400 BTC.

Topic: NEEDED URGENTLY: Professional Bitcoin Exchange and More Serious Project Work - page 2. (Read 8418 times)