Community, as I sit here thinking of ways to bring Zeit to the forefront of crypto I find myself with coinpayments.net on the brain. I know that Zeit is an accepted currency there, but I wonder just how many of the stores listed there accept Zeit directly. So my thoughts are to go through each store in each listed category on coinpayments' site to gather that information so it can be made public here and at the Zeit forum. This may take a bit of time, and I would certainly not be against anyone with a little free time lending a hand in this endeavor.
My thought process on this is that if we have a list of stores that currently accept Zeit then we could all make purchases at the sites to prove Zeit as a valid form of currency, not just a platform for trading different cryptocurrencies. Then, as we get more visibility, perhaps more stores on coinpayments will start accepting Zeit and we can get a snowball rolling downhill.
Agree? Disagree?
Hi Steve,
All coins BTC & Zeit are all currently functioning as commodities and subject to supply & demand.
If we all start making alot of purchases together at the same time, coinpayments or any other store has to convert zeitcoins into cash quickly for the stores operation cost.
This will increase the supply of zeitcoins on the exchanges and if there is not enough demand cause a devaluing of zeit's current price until demand catches up. If someone sees something they want at one of the stores , they can buy it with zeit, it just that it is not something we should do as a large group at the same time. A pebble in the lake is no problem, but if we drop a huge boulder in it, there goes all of the water keeping us a float.
This also touches on the Game Research, a game like Blakezone changes the rules,
player uses coins to buy virtual game ammo, then shoots the ammo, and has to buy more ammo later to continue shooting. By doing this the players creates a constant demand cycle for the coins assuring their is always demand to match supply. That is when it starts to function more as a currency than a commodity.
That is what we have to come up with Virtual items or Services that can be traded for zeitcoins on a cyclical basis, once we achieve that, it will create an economy, which we can then branch out more into the physical world. Until that time we have to function as a commodity like gold or silver and keep an eye on supply & demand.
FYI:
Functioning as a commodity , we will hit a $1 million dollar marketcap in the next few years.
Once our market cap hits that amount the knights will be able to pull out a few thousand , imagine ~$50,000 or so from the marketcap to start development of the ZeitKnight Game.
The Game is one idea, there are a few more, involving stories & writers, but still in the early thought processes on them.
) 
