Lets get ebay not Open Bazaar...

Started by bytemaster, October 13, 2014, 09:08:49 PM

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tonyk

#12
Quote from: MeTHoDx on October 13, 2014, 09:57:38 PM
Quote from: tonyk on October 13, 2014, 09:51:04 PM
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

For me it is the same question with the same answer - everybody who cares about money. About 93% of the earths population.
And if you think that Ebay is the magnet for those 7% not interested in money/savings/yields/convenience/speed, I must disagree.


And  IMHO no ebay user have to even know what bitUSD is. Even more than that, non of them should even know it has anything to do with cryptocurrencies.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

carpet ride

Quote from: MeTHoDx on October 13, 2014, 09:57:38 PM
Quote from: tonyk on October 13, 2014, 09:51:04 PM
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

BitUSD is cheaper to receive


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Rune

For eBay the competition is pretty much endless and people don't care about fees once they go below a few %. There's no reason to choose bitUSD unless it is the system you are already using. Soon we will have to compete with Facebook payments too.

For OB the competition is nubits, and nothing else.

Going after eBay would be a terrible mistake.

Method-X

Quote from: tonyk on October 13, 2014, 09:51:04 PM
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"
[url="https://edabit.com"]https://edabit.com[/url]

tonyk

Quote from: MeTHoDx on October 13, 2014, 09:47:06 PM
Quote from: tonyk on October 13, 2014, 09:39:47 PM

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

I still do not get basic premise - 'who does not care about money?'
and even if they do not, for what purpose they use ebay instead of the overpriced store in their location?

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Method-X

Quote from: tonyk on October 13, 2014, 09:39:47 PM

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.
[url="https://edabit.com"]https://edabit.com[/url]

tonyk


@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Shentist

i disagree - we should identify smaller groups who are in need of a solution.

- Open Bazaar is ok

better would be to market to people who are in fear of loosing there value or get confiscated
- gold bugs etc.

i just go with the advice to start a startup to dominate a small niche market and then conquer the world. PayPal did the same with ebay. If we can copy their strategy with bots betting on kind of charity auctions we could do it.

Alibaba is also a possibility with our huge chinese community.

Method-X

If only gaining network effect was as easy as targeting the largest group of users.
[url="https://edabit.com"]https://edabit.com[/url]

tonyk


WOW!!!!

ebay from the get go?

I like thinking BIG, but even I should ask - Can we pull it?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

speedy

Wow thinking big.

I havent used eBay in years, but if they let users settle in any currency, how do they take their cut ?

bytemaster

Users of ebay can settle in any payment form they desire.... marketing to ebay users / merchants is likely to gain us far more users than Open Bazaar. 
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