Topic: Please dont let bitcoinstore fail, your action is needed just about now. - page 11. (Read 24195 times)

The only difference is in what they own (part of the ownership of the enterprise or the crap the enterprise offers). That wasn't my point. My point was about supporting something which cannot survive on its own in the free market.

Well, that shop is a win/win for us. You get many products cheaper than anywhere else.

But I wouldn't buy anything I don't need anyway.

But 800k is a Target that they will never reach. It's just to much for our little economy.

Also if you don't live in the USA shipping costs make it actually more expensive for many products to order them there.

I looked into some hardware for me, but the shipping costs make it more expensive than to order it locally.

Example: Some PC systems price 51.445 BTC [$2,426.12] (very good deal!) additional shipping costs: 1.  International Priority 12.393 BTC [$584.41]  2. International First 24.924 BTC [$1,175.38]

So if I order via International First I have to pay additional 50% what makes it a very bad deal.

I really hope that projects succeeds and will be able to offer better service for Europe soon. But the current shipping costs make it a no go for me.  

Still has nothing to do with socialism. http://en.wikipedia.org/wiki/Socialism
Sure  one way to look at is is that I am advocating a buisness that is not meeting the goal set to them in a free market competition, no denying that. The other way (mine) is that I am advocating a buisness that has made a huge push for bitcoins mainstream acceptance. Something I think just about everyone on these forums can appreciate. If it werent for people making thes pushes we'd still be at an 10,000 coins to a pizza exchange rate and remain there indefinitely.

You are essentially advocating that we support a project which is not succeeding by its own merit achieved in the free market(replace coins with taxes here if that helps you... in the end the mechanism ts the same...). Is that clear enough?

How is saying that I like this service and the way they conduct their buisness and would like to encourage others to use it so it will be around the next time I need it socialism ?
Im trying very hard to follow your trail of tought, but failing miserably.

I'm talking about comparing their prices to other shops. Bitcoinstore looks rather expensive when you shop around. Why would I buy from them when I can get EVERYTHING cheaper elsewhere.

Bitcoin will do fine without this lowly shop. (It would be sad if they would have an impact at all on BTC)

In my opinion, what really benefits BTC are:

1.) Creation of unique services
2.) Already established companies adopting BTC (like wordpress, namecheap, etc)

My action is needed now? Like I have $800kusd to donate to Roger, or to exchange for electronic goods I could never get $800kusd of use out of?

I bought a bunch of usb keyboards I didn't really need, just because I tend to go through those (so I might need them in the future) and that is one item cheaper through here than other places. So there's my $15-20usd onto the pile.

If people are hoarding because *they* believe the unit value will go up, then the solution is to slash the prices to reflect that same commitment at the merchant. Don't be 1% cheaper than bigbox on 30% of your stock, go 30% cheaper on 99% of the stock and go long on Bitcoin to make up the difference in capital gains if you expect to reach these levels of volume. Because then you'll actually attract non-coiners to get off their ass, and coiners to get great deals and possibly even reflog your product.

I don't think there is any other method to meet both the ambition of $800kusd in the next 3 weeks, or making Newegg or Amazon even realize that you're there.

Socialism.

I visited the site a few weeks ago and was willing to buy, despite my doubts about its customer support; however all the items I was interested in (nothing spectacular, a sata drive,  a spare android phone or tablet, and something I dont remember) where either very, VERY difficult to find, not available or seriously overpriced.

Bitcoinstore is a bold attempt, but its probably too bold at this point, especially when its not executed better than this.  Just accepting bitcoin isnt enough.

Im pretty sure it would need to be filled every qurter (3 months), but as Roger stated he started this buisness to fail. Fail because it should open the larger buisnesses like amazon's eyes to accepting bitcoin and pushing bitcoinstore out of the market trough healthy competition.

Am I missing an elaborate point or are you calling me a sockpuppet ?
If not, would you please care to dumb it down.

This I can appreciate, Im in no way saying you should go out and buy something you dont need, I personally find the consumer-culture we are forced to live in disgusting. For example a hundred years ago we had lightbulbs that lasted decades, havent seen one of those around in my lifetime.

As much as I agree with you, Im sure your not saying that bitcoin is at a point where hardware manifacturers or wholesale companies would be accepting bitcoin. In my opinnion this is the path there, not some blue eyed idealism where major buisnesses just choose to accept bitcoin because because we write polite e-mails. Sure I'd love to live in a world where the restauran who sells me a burger accepts bitcoins, uses them directly to pay foe their expenses and their producers and manufactures do the same. But it's not going to happen by word-of mouth / grassroot activism. I repeat this is the path, the goal atlest seems mutural.

The $850k in a month is only a temporary thing. If they survive, from here on it will only be 850k every 3 months.

It is using the current exchange rate to create the bitcoin prices I am pretty sure. Also if you notice there a couple threads pointing out that the prices is actually more for some items. So I doubt they going to make things cheaper for anyone.

You do realize the bitcoin exchange rate gets checked at checkout, the prices in btc you see before that are outdated at best.

This thread niceley compresses everything wrong with the bitcoin community and these forums.

Half of you are like underpant-gnomes with a buisness model of.

1. Hoard coins. (Collect underpants.)
2. ? (?)
3. Profit. (Profit.)

I really, really don't want to re-hash old arguments.  But with all of the wailing and gnashing of teeth by newbies in this thread, I feel like I have to say something.

Keep in mind that I'm not saying this as someone who is against Bitcoin Store, or who wants to see it fail to meet its goal.  I'm saying this as someone who owns Bitcoins, who is in the market for some electronics, and who has spent almost an hour browsing their offerings.  I'm saying this as someone who wants to see every Bitcoin enterprise succeed, and for Bitcoin to grow and prosper.

But I'm also saying this as someone who has argued here, time and time again, against this obsession that some people seem to have, with promoting Bitcoin as a payment service instead of as an actual currency.

Bitcoin is a crappy payment service.

Unless you are spending Bitcoins that you already own with a producer who also wants Bitcoins, adding Bitcoin to the transaction makes absolutely zero sense to the participants, and provides very little benefit to the overall Bitcoin economy.  We all know the one place where this has been worthwhile.  And that's only due to the special requirements and ridiculous profit margins involved.

We are operating, competing really, in an environment in which the velocity of traditional paper money is lower than it has almost ever been.  The idea of beating fiat currencies, and existing payment processors even, by adding Bitcoin and a handful of middle-men to transactions between people who aren't even all that interested in Bitcoin, should be obviously self-defeating.

And yet a handful of Bitcoin early adopters continue to push this vision of Bitcoin.  Why?

In my opinion, the failure of Bitcoin Store to push Bitcoin into the mainstream as a payment service, with such an ostentatious goal of having such a large percentage of the entire Bitcoin economy spent on electronics in a single month, will have absolutely zero effect on Bitcoin's real growth, as a currency.  Because that's what Bitcoin really is.  That's how Bitcoin derives its value, from the bottom-up, from the interaction between producers and consumers and investors, from Bitcoin users coming together to mutually economize the time and effort spent producing things that they all consume.  Not from these schemes to try to attract new users to Bitcoin, and to try to pressure existing vendors into using Bitcoin as a payment service.

They need ~$739,036 worth of purchases in less than 21 days... That is insane! I am also really surprised they started so high, I know he wants to keep prices completive and I am guessing he is doing that by ordering whole sale. I know Roger Ver is behind this and he started memory dealers so I am kinda confused he does know the space and for a startup he should know this is insane.

Maybe they should accept other payment options?

No wait - hear me out. If the page said "You could pay with dollars and it will cost you x, and that's fine, but if you pay with bitcoins it will be y cheaper!" it might be a nice pull factor especially for the bit-unsure. Plus those paying with bitcoins already would get to feel smug, which is nice

It's the hardware suppliers requirement, not theirs and the whole competitive edge pretty much goes, if they lose this deal.