Author Topic: 1M Bounty BM Proposed on Jan 14 - Bitcoin Wallet Instead  (Read 8170 times)

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Offline CLains

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To my ears that ploy sounds like pure marketing genius.

sumantso

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If we have 1M to burn, offer it to Btc-e. The marketcap growth will pay it back with reduced dilution and/or ability to hire a lot more employees.

I had a detailed proposal regarding how to award it in parts and concentrate on making them add BitFiat deposit option initially.

Offline hpenvy2

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https://bitsharestalk.org/index.php?topic=13256.msg173664#msg173664

How about putting that bounty toward the Bitcoin Wallet proposal?

"We need to build a bitcoin wallet.  branded as a bitcoin wallet, that allows hedging of bitcoin with no counterparty  risk.   Bitshares is never mentioned.  perhaps bitusdis mentioned, but it is certainly not front and centre.   IF we do that then we begin a stampede into bitUSD on the next bitcoin price drop.   And we dont have to pay a penny in advertising.  Coindesk, word of mouth and reddit will do all the work for us.   You won't be able to get Barry Silbert and every other pundit to shut up about how bitcoins volatility problem has been solved on CNBC." Bitmarket

https://bitsharestalk.org/index.php?topic=13882.msg180557#msg180557

How or why should Bitshares be mentioned when we don't even have a website or a complete product?

I only say this because that is yours and others response to the criticisms of the marketing teams, past and present, lack of of marketing.

Website is up.  BM mentioned we might see the lightweight wallet in the next few days in his last Mumble session.  Let's be clear, my criticism about the marketing was I didn't believe the promises that work was being done behind the scenes were actually being done. I stepped up, offered my small contribution and watched Nullstreet grow. Concerning the 1M bounty, I rather see those  funds moved toward developing a Bitcoin wallet with BitUSD integration than promoting a product that's not easy to use beyond the biggest BitShares followers. Timing is everything, this is a great way to get 100,000+ eyeballs on our solution. We need something to kick off the network effect.

Like Bitmarket outlined, a Bitcoin wallet that addresses the volatility issue with our solution is a win/win.
« Last Edit: January 31, 2015, 09:43:11 pm by hpenvy2 »

Offline NewMine

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https://bitsharestalk.org/index.php?topic=13256.msg173664#msg173664

How about putting that bounty toward the Bitcoin Wallet proposal?

"We need to build a bitcoin wallet.  branded as a bitcoin wallet, that allows hedging of bitcoin with no counterparty  risk.   Bitshares is never mentioned.  perhaps bitusdis mentioned, but it is certainly not front and centre.   IF we do that then we begin a stampede into bitUSD on the next bitcoin price drop.   And we dont have to pay a penny in advertising.  Coindesk, word of mouth and reddit will do all the work for us.   You won't be able to get Barry Silbert and every other pundit to shut up about how bitcoins volatility problem has been solved on CNBC." Bitmarket

https://bitsharestalk.org/index.php?topic=13882.msg180557#msg180557

How or why should Bitshares be mentioned when we don't even have a website or a complete product?

I only say this because that is yours and others response to the criticisms of the marketing teams, past and present, lack of of marketing.

Offline Empirical1.1

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Sounds interesting.

Are there any examples & numbers of any other products that have previously been integrated into a Bitcoin branded wallet and enjoyed success as a result?

Offline hpenvy2

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https://bitsharestalk.org/index.php?topic=13256.msg173664#msg173664

How about putting that bounty toward the Bitcoin Wallet proposal?

"We need to build a bitcoin wallet.  branded as a bitcoin wallet, that allows hedging of bitcoin with no counterparty  risk.   Bitshares is never mentioned.  perhaps bitusdis mentioned, but it is certainly not front and centre.   IF we do that then we begin a stampede into bitUSD on the next bitcoin price drop.   And we dont have to pay a penny in advertising.  Coindesk, word of mouth and reddit will do all the work for us.   You won't be able to get Barry Silbert and every other pundit to shut up about how bitcoins volatility problem has been solved on CNBC." Bitmarket

https://bitsharestalk.org/index.php?topic=13882.msg180557#msg180557