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Quote from: donkeypong on October 28, 2014, 05:08:45 pmMight any of those companies make a good partner for us in Argentina? In other words, given their businesses, would they have something to gain by this? (Or does BitShares cut their business model out of the equation?)Good question. What are the benefits to them. I'll continue my research later today when I have more time.
Might any of those companies make a good partner for us in Argentina? In other words, given their businesses, would they have something to gain by this? (Or does BitShares cut their business model out of the equation?)
Quote from: Empirical1.1 on October 28, 2014, 04:18:06 pmQuote from: matador123 on October 28, 2014, 03:49:52 pmQuote from: luckybit on October 28, 2014, 09:23:00 amQuote from: emailtooaj on October 28, 2014, 03:50:44 amQuote from: matador123 on October 28, 2014, 02:16:27 amQuote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in. On top of that, take a look into the overall Hispanic population (from Mexico to Argentina) and their financial plight to success. They've come to the US (legally and illegally) to work for USD and their only "safe" way to send it back to their country is through money wire services (Western Union, Money Gram, etc etc) bypassing their corrupt and unstable banking systems. I've talked to many of them first hand and they'll all tell you the same story. It's mind blowing how much USD gets transferred out of this county!!!This should be a no-brainer in trying to educate this population about Bitshares and it's economical benefits.Once we get the USD>BitUSD on ramp established and have a Bitshare Lite Client phone app running... IMO the Hispanic community should be the forefront of any major Marketing push!!Does BitUSD have any advantage over BitGLD?From my experience in Argentina, the US dollar is so ubiquitous that it might have an advantage over BitGLD simply because people are used to thinking in dollar terms. The black market exchange rate for the US dollar is published in the major newspapers every morning. I think it would be a lot more difficult to get people thinking in gold terms for pricing than it would be for bitUSD. That's just my opinion. Of course, they would have access to both bitGLD and bitUSD if they wanted to, but in terms of a marketing push, I think bitUSD is the best focus.Yeah it's BitUSD all the way there. They can adopt this nationwide in less than a year.The question is how do we do it. How do we get in there? My approach to be would be to approach the 4/5 biggest Bitcoin entrepreneurs/exchanges and pitch them BitUSD. They should get the opportunity instantly and then we go from there. It looks like this hasn't been done yet.1. BitPagos 2. Dr. Bitcoin Venezuala 3. ? 4. ?5. ?Xapo is another company with a big presence in Argentina (it was founded by an Argentine entrepreneur). They make bitcoin wallets and bitcoin based debit cards. I don't want to speak too soon, but I have a contact within the company. I met him through a friend and got dinner with him when I was in Argentina. I'm preparing a bit post about marketing within Argentina. I'm going to try to make it comprehensive, so that we can get a bit conversation about this going on it's own thread. I should be able to have it up by tonight.
Quote from: matador123 on October 28, 2014, 03:49:52 pmQuote from: luckybit on October 28, 2014, 09:23:00 amQuote from: emailtooaj on October 28, 2014, 03:50:44 amQuote from: matador123 on October 28, 2014, 02:16:27 amQuote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in. On top of that, take a look into the overall Hispanic population (from Mexico to Argentina) and their financial plight to success. They've come to the US (legally and illegally) to work for USD and their only "safe" way to send it back to their country is through money wire services (Western Union, Money Gram, etc etc) bypassing their corrupt and unstable banking systems. I've talked to many of them first hand and they'll all tell you the same story. It's mind blowing how much USD gets transferred out of this county!!!This should be a no-brainer in trying to educate this population about Bitshares and it's economical benefits.Once we get the USD>BitUSD on ramp established and have a Bitshare Lite Client phone app running... IMO the Hispanic community should be the forefront of any major Marketing push!!Does BitUSD have any advantage over BitGLD?From my experience in Argentina, the US dollar is so ubiquitous that it might have an advantage over BitGLD simply because people are used to thinking in dollar terms. The black market exchange rate for the US dollar is published in the major newspapers every morning. I think it would be a lot more difficult to get people thinking in gold terms for pricing than it would be for bitUSD. That's just my opinion. Of course, they would have access to both bitGLD and bitUSD if they wanted to, but in terms of a marketing push, I think bitUSD is the best focus.Yeah it's BitUSD all the way there. They can adopt this nationwide in less than a year.The question is how do we do it. How do we get in there? My approach to be would be to approach the 4/5 biggest Bitcoin entrepreneurs/exchanges and pitch them BitUSD. They should get the opportunity instantly and then we go from there. It looks like this hasn't been done yet.1. BitPagos 2. Dr. Bitcoin Venezuala 3. ? 4. ?5. ?
Quote from: luckybit on October 28, 2014, 09:23:00 amQuote from: emailtooaj on October 28, 2014, 03:50:44 amQuote from: matador123 on October 28, 2014, 02:16:27 amQuote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in. On top of that, take a look into the overall Hispanic population (from Mexico to Argentina) and their financial plight to success. They've come to the US (legally and illegally) to work for USD and their only "safe" way to send it back to their country is through money wire services (Western Union, Money Gram, etc etc) bypassing their corrupt and unstable banking systems. I've talked to many of them first hand and they'll all tell you the same story. It's mind blowing how much USD gets transferred out of this county!!!This should be a no-brainer in trying to educate this population about Bitshares and it's economical benefits.Once we get the USD>BitUSD on ramp established and have a Bitshare Lite Client phone app running... IMO the Hispanic community should be the forefront of any major Marketing push!!Does BitUSD have any advantage over BitGLD?From my experience in Argentina, the US dollar is so ubiquitous that it might have an advantage over BitGLD simply because people are used to thinking in dollar terms. The black market exchange rate for the US dollar is published in the major newspapers every morning. I think it would be a lot more difficult to get people thinking in gold terms for pricing than it would be for bitUSD. That's just my opinion. Of course, they would have access to both bitGLD and bitUSD if they wanted to, but in terms of a marketing push, I think bitUSD is the best focus.
Quote from: emailtooaj on October 28, 2014, 03:50:44 amQuote from: matador123 on October 28, 2014, 02:16:27 amQuote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in. On top of that, take a look into the overall Hispanic population (from Mexico to Argentina) and their financial plight to success. They've come to the US (legally and illegally) to work for USD and their only "safe" way to send it back to their country is through money wire services (Western Union, Money Gram, etc etc) bypassing their corrupt and unstable banking systems. I've talked to many of them first hand and they'll all tell you the same story. It's mind blowing how much USD gets transferred out of this county!!!This should be a no-brainer in trying to educate this population about Bitshares and it's economical benefits.Once we get the USD>BitUSD on ramp established and have a Bitshare Lite Client phone app running... IMO the Hispanic community should be the forefront of any major Marketing push!!Does BitUSD have any advantage over BitGLD?
Quote from: matador123 on October 28, 2014, 02:16:27 amQuote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in. On top of that, take a look into the overall Hispanic population (from Mexico to Argentina) and their financial plight to success. They've come to the US (legally and illegally) to work for USD and their only "safe" way to send it back to their country is through money wire services (Western Union, Money Gram, etc etc) bypassing their corrupt and unstable banking systems. I've talked to many of them first hand and they'll all tell you the same story. It's mind blowing how much USD gets transferred out of this county!!!This should be a no-brainer in trying to educate this population about Bitshares and it's economical benefits.Once we get the USD>BitUSD on ramp established and have a Bitshare Lite Client phone app running... IMO the Hispanic community should be the forefront of any major Marketing push!!
Quote from: MeTHoDx on October 27, 2014, 11:47:31 pmQuote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.Definitely agree with what you and Empirical1.1 are saying. Argentina (and possibly Venezuela, though I don't know as much about that latter) is a perfect place that fits these requirements. I was down there from February-July, and the buzz around bitcoin is huge. The problem is, people there want to buy USD to have a safe store of value. Because of bitcoin's volatility, it really isn't a better option than just saving in Argentine pesos, and it's definitely not a better option than buying dollars. So, there's definitely interest in cryptocurrencies as a way to solve some of the economic issues in the country, but Bitcoin doesn't solve these...that's where bitUSD comes in.
Quote from: luckybit on October 27, 2014, 11:20:40 pmTo anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.
To anyone interested in making Bitshares as much of a success as BitTorrent and not a marketing failure like Bitcoin:
I don't think BitTorrent/Napster are perfect case studies. These applications both offered instant gratification; something very important for viral growth within the mainstream. Until banks start seizing customer funds, Bitshares simply doesn't have the necessity for mainstream virality.
I would strongly recommend establishing Bitshares in two or three niche markets. As Empirical1.1 said elsewhere: anywhere real USD demand is high but supply is low, that's where we should target. My experience tells me that having a strong foothold in niche markets will naturally spill over into broader markets once the need arises (financial crisis, bailins, bailouts, etc).
So Lucky, what you're saying is true, but only as it applies to niche markets where BitUSD utility is very high. I don't see Bitshares going mainstream viral until two conditions are met: 1. Strong BitUSD presence in key niche markets. 2. Financial crisis occurs, causing BitUSD utility to become apparent.
QuoteProgrammer Bram Cohen, a former University at Buffalo graduate student in Computer Science,[4] designed the protocol in April 2001 and released the first available version on 2 July 2001,[5] and the final version in 2008.[6] BitTorrent clients are available for a variety of computing platforms and operating systems including an official client released by Bittorrent, Inc.As of January 2012, BitTorrent is utilized by 150 million active users (according to BitTorrent, Inc.). Based on this figure, the total number of monthly BitTorrent users can be estimated at more than a quarter of a billion.[7]
Programmer Bram Cohen, a former University at Buffalo graduate student in Computer Science,[4] designed the protocol in April 2001 and released the first available version on 2 July 2001,[5] and the final version in 2008.[6] BitTorrent clients are available for a variety of computing platforms and operating systems including an official client released by Bittorrent, Inc.As of January 2012, BitTorrent is utilized by 150 million active users (according to BitTorrent, Inc.). Based on this figure, the total number of monthly BitTorrent users can be estimated at more than a quarter of a billion.[7]
Quote from: MeTHoDx on October 27, 2014, 09:59:38 pmQuote from: trader on October 27, 2014, 09:36:57 pmNo offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.Bytemaster has other duties besides coding; he is effectively the CEO of the Bitshares DAC. It seems to me this book is exactly where his "heads at" right now. My intention wasn't to be preachy.That book doesn't apply well because unless products in that book are like Bittorrent, Napster, and other digital only products, it means you cannot really use the traditional techniques.I'm not saying the book shouldn't be read but more that just reading a book isn't enough. Read case studies, see how other disruptive peer to peer technologies spread. Bitshares isn't a traditional business and so you have to understand that because it's disruptive it will have to be much more viral.Napster was viral because music sharing was already a cultural norm. Napster was able to ride on the cultural norm of sharing to make it go viral. Bitshares hasn't figured out what it's cultural norms at yet and seems to be trying to market itself as if it is Apple when it's nothing like Apple in terms of how it's structured.So the marketing of Apple doesn't make sense when Apple is clearly part of the establishment at this point while Bitshares is disruptive. iTunes came alone because the establishment was terrified of Napster and so it chose iTunes because iTunes was more centralized. This means Apple promoted centralization over innovation to get maximum profit.In our case we are decentralized and while we might want maximum profit like Apple we cannot do it the same way. We don't have the ability to make the sort of partnerships to make it possible yet and even if we did I doubt the majority of shareholders would want to do it. I think Bitshares at least early on is going to be seen more like MegaUpload, Napster, Bittorrent, or something similar, so the ideal way to market it is to take it viral.If Bitshares doesn't go viral it's not going to even get the attention of the establishment.
Quote from: trader on October 27, 2014, 09:36:57 pmNo offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.Bytemaster has other duties besides coding; he is effectively the CEO of the Bitshares DAC. It seems to me this book is exactly where his "heads at" right now. My intention wasn't to be preachy.
No offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.
The Early Market, where buyers are early adopters seeking to get ahead of the herd by taking a chance with a promising but unproven technology.Crossing the Chasm, where buyers are “pragmatists in pain,” stuck with a problem business process and willing to take a chance on something new, provided it is directly focused on solving their specific use case.Inside the Tornado, where buyers are pragmatists going with the herd, the technology now being proven, its value substantially superior to the status quo, and the forcing function being fear of getting left behind.On Main Street, where buyers are maintaining their investments in a now broadly adopted technology, looking for better value and lower total cost of ownership.
It is critical when crossing the chasm that you focus exclusively on achieving a dominant position in one or two narrowly bounded market segments. If you do not commit fully to this goal, the odds are overwhelmingly against you ever arriving in the mainstream market.
Quote from: luckybit on October 27, 2014, 08:29:01 pmIn my opinion we need 100 serious developers. In my opinion if we structure right it will be very easy to get them. Developers want to know that they can have stability to work on the project for at least a year so how much would it cost to pay 100 developers for 1 years?At $100,000 a year per developer multiplied by 100 you have a cost of $10,000,000.So for $10,000,000 you could have 100 core developers going up against NXT and Bitcoin. Right now it seems like $10,000,000 is difficult to raise but consider how easy that will be to raise when the market cap is rising.I like where you're going with this, but 100 chefs won't bake you a faster cake. Neither can 100 chefs run a restaurant by themselves. Someone needs to take the orders and clean the tables. When I see Toast doing a build at midnight, what I also see is a chef busing his own table. Actually, what I think you really got right is the 100k a year figure.Personally, what I really think this project needs, is a commitment to AGILE methodology - not just an ad hoc, ragtag collection of hackers and coders.
In my opinion we need 100 serious developers. In my opinion if we structure right it will be very easy to get them. Developers want to know that they can have stability to work on the project for at least a year so how much would it cost to pay 100 developers for 1 years?At $100,000 a year per developer multiplied by 100 you have a cost of $10,000,000.So for $10,000,000 you could have 100 core developers going up against NXT and Bitcoin. Right now it seems like $10,000,000 is difficult to raise but consider how easy that will be to raise when the market cap is rising.
Quote from: Rune on October 27, 2014, 09:41:56 pmQuote from: sschechter on October 27, 2014, 09:08:13 pmQuote from: luckybit on October 27, 2014, 08:29:01 pmIn my opinion we need 100 serious developers. In my opinion if we structure right it will be very easy to get them. Developers want to know that they can have stability to work on the project for at least a year so how much would it cost to pay 100 developers for 1 years?At $100,000 a year per developer multiplied by 100 you have a cost of $10,000,000.So for $10,000,000 you could have 100 core developers going up against NXT and Bitcoin. Right now it seems like $10,000,000 is difficult to raise but consider how easy that will be to raise when the market cap is rising.I like where you're going with this, but 100 chefs won't bake you a faster cake. Neither can 100 chefs run a restaurant by themselves. Someone needs to take the orders and clean the tables. When I see Toast doing a build at midnight, what I also see is a chef busing his own table. Actually, what I think you really got right is the 100k a year figure.Personally, what I really think this project needs, is a commitment to AGILE methodology - not just an ad hoc, ragtag collection of hackers and coders.Effecient organization can come later, right now we need to focus on acquiring the raw talent and acquiring the crypto-wide market cap. If we get the majority of developers onboard we will essentially "51% attack" the entire industry and can absorb the market cap much faster than you'd expect, because investors will realize nothing else can keep up with the pace of our development - even if it has to take 1 or 2 years to get things fully organized and get the pace up and running at full efficiency. We all need this consolidation to have the industry regroup and fight back against the creeping regulation, and the centralization of institutions such as Coinbase, Circle and the mega-exchanges. It will be like a new chapter in the history of the blockchain, and think I the smartest people in the community will understand and agree with the need for this, and quickly jump over.You don't think all these VC-funded startups in the crypto arena have the means to attract top talent?
Quote from: sschechter on October 27, 2014, 09:08:13 pmQuote from: luckybit on October 27, 2014, 08:29:01 pmIn my opinion we need 100 serious developers. In my opinion if we structure right it will be very easy to get them. Developers want to know that they can have stability to work on the project for at least a year so how much would it cost to pay 100 developers for 1 years?At $100,000 a year per developer multiplied by 100 you have a cost of $10,000,000.So for $10,000,000 you could have 100 core developers going up against NXT and Bitcoin. Right now it seems like $10,000,000 is difficult to raise but consider how easy that will be to raise when the market cap is rising.I like where you're going with this, but 100 chefs won't bake you a faster cake. Neither can 100 chefs run a restaurant by themselves. Someone needs to take the orders and clean the tables. When I see Toast doing a build at midnight, what I also see is a chef busing his own table. Actually, what I think you really got right is the 100k a year figure.Personally, what I really think this project needs, is a commitment to AGILE methodology - not just an ad hoc, ragtag collection of hackers and coders.Effecient organization can come later, right now we need to focus on acquiring the raw talent and acquiring the crypto-wide market cap. If we get the majority of developers onboard we will essentially "51% attack" the entire industry and can absorb the market cap much faster than you'd expect, because investors will realize nothing else can keep up with the pace of our development - even if it has to take 1 or 2 years to get things fully organized and get the pace up and running at full efficiency. We all need this consolidation to have the industry regroup and fight back against the creeping regulation, and the centralization of institutions such as Coinbase, Circle and the mega-exchanges. It will be like a new chapter in the history of the blockchain, and think I the smartest people in the community will understand and agree with the need for this, and quickly jump over.
Quote from: kisa on October 27, 2014, 10:12:59 pmQuote from: MeTHoDx on October 27, 2014, 09:59:38 pmQuote from: trader on October 27, 2014, 09:36:57 pmNo offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.Bytemaster has other duties besides coding; he is effectively the CEO of the Bitshares DAC. It seems to me this book is exactly where his "heads at" right now. My intention wasn't to be preachy.Reading trhrough Amazon reviews looks like a must read for anyone who is to be taken seriously while discussing marketing on this forum!...BTC is struggling with mass adoption because the vast majority of humans can only cope with tech evolution to revolution...It really is one of the best marketing books out there, when it comes to big picture strategy any disruptive startup should employ.For anyone who is interested in a brief overview, check out this article. Download the pdf here.
Quote from: MeTHoDx on October 27, 2014, 09:59:38 pmQuote from: trader on October 27, 2014, 09:36:57 pmNo offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.Bytemaster has other duties besides coding; he is effectively the CEO of the Bitshares DAC. It seems to me this book is exactly where his "heads at" right now. My intention wasn't to be preachy.Reading trhrough Amazon reviews looks like a must read for anyone who is to be taken seriously while discussing marketing on this forum!...BTC is struggling with mass adoption because the vast majority of humans can only cope with tech evolution to revolution...
Quote from: trader on October 27, 2014, 09:36:57 pmNo offense but the title of this thread sounds preachy, and BM is busy coding without having to read books. He doesnt do the marketing anyway.Right! Lock him up somewhere so he can code!
Quote from: Rune on October 27, 2014, 09:11:52 pmQuote1. I3 wants developers on site, and for valid reasons. It makes the project more cohesive and easier to manage. However, the demand for developers looking to move to Blacksburg, VA is, unsurprisingly, very low. Either I3 needs to move their office, or they'll need to effectively manage remote employees.This is a joke, right?Please tell me this is a joke.I3 will hire someone anywhere in the world for one off / freelance projects, but as far as I'm aware, the core toolkit developers they've been bringing to VA. Someone please correct me if I'm wrong or this has changed.
Quote1. I3 wants developers on site, and for valid reasons. It makes the project more cohesive and easier to manage. However, the demand for developers looking to move to Blacksburg, VA is, unsurprisingly, very low. Either I3 needs to move their office, or they'll need to effectively manage remote employees.This is a joke, right?Please tell me this is a joke.
1. I3 wants developers on site, and for valid reasons. It makes the project more cohesive and easier to manage. However, the demand for developers looking to move to Blacksburg, VA is, unsurprisingly, very low. Either I3 needs to move their office, or they'll need to effectively manage remote employees.
It's actually not hard to fund developers. People in the community will donate millions of dollars to support development each year.
Quote from: donkeypong on October 27, 2014, 08:11:48 pmQuote from: Rune on October 27, 2014, 08:06:59 pmI think we are in the best possible position we could be in. The market is in a downturn, once we begin to hire all the developers of the industry we will gain everyones attention. I think the entire crypto market could go to us in less than 3 months if we are aggressive enough at hiring.Don't we need to have some success first, in order to afford all those developers? I think we will and we will, but I'd put the sequence in that order. But either way, it ends up to the same lunar progression.We've essentially got 60 million USD in venture capital. The market cap can be invested to generate a return through the delegate system. We have more than enough to pay for the employment of almost every developer, for a year (pulling these numbers out of our ass). What do you think would happen to our market cap if we have the majority of developers working for us, for just a month? Don't you think all other coins will see it a bearish signal when their developers start getting headhunted?
Quote from: Rune on October 27, 2014, 08:06:59 pmI think we are in the best possible position we could be in. The market is in a downturn, once we begin to hire all the developers of the industry we will gain everyones attention. I think the entire crypto market could go to us in less than 3 months if we are aggressive enough at hiring.Don't we need to have some success first, in order to afford all those developers? I think we will and we will, but I'd put the sequence in that order. But either way, it ends up to the same lunar progression.
I think we are in the best possible position we could be in. The market is in a downturn, once we begin to hire all the developers of the industry we will gain everyones attention. I think the entire crypto market could go to us in less than 3 months if we are aggressive enough at hiring.
Quote from: cass on October 27, 2014, 08:24:41 pmQuote from: Rune on October 27, 2014, 08:21:12 pmQuote from: donkeypong on October 27, 2014, 08:11:48 pmQuote from: Rune on October 27, 2014, 08:06:59 pmI think we are in the best possible position we could be in. The market is in a downturn, once we begin to hire all the developers of the industry we will gain everyones attention. I think the entire crypto market could go to us in less than 3 months if we are aggressive enough at hiring.Don't we need to have some success first, in order to afford all those developers? I think we will and we will, but I'd put the sequence in that order. But either way, it ends up to the same lunar progression.We've essentially got 60 million USD in venture capital. The market cap can be invested to generate a return through the delegate system. We have more than enough to pay for the employment of almost every developer, for a year (pulling these numbers out of our ass). What do you think would happen to our market cap if we have the majority of developers working for us, for just a month? Don't you think all other coins will see it a bearish signal when their developers start getting headhunted?maybe yes... but our goal shouldn't to fight against other crytpos! Just my 2 BTSRight, the goal should not be to hire developers, rather to be so successful that we NEED TO hire the developers to be even more successful. Probably that's more or less what was meant I guess.
Quote from: Rune on October 27, 2014, 08:21:12 pmQuote from: donkeypong on October 27, 2014, 08:11:48 pmQuote from: Rune on October 27, 2014, 08:06:59 pmI think we are in the best possible position we could be in. The market is in a downturn, once we begin to hire all the developers of the industry we will gain everyones attention. I think the entire crypto market could go to us in less than 3 months if we are aggressive enough at hiring.Don't we need to have some success first, in order to afford all those developers? I think we will and we will, but I'd put the sequence in that order. But either way, it ends up to the same lunar progression.We've essentially got 60 million USD in venture capital. The market cap can be invested to generate a return through the delegate system. We have more than enough to pay for the employment of almost every developer, for a year (pulling these numbers out of our ass). What do you think would happen to our market cap if we have the majority of developers working for us, for just a month? Don't you think all other coins will see it a bearish signal when their developers start getting headhunted?maybe yes... but our goal shouldn't to fight against other crytpos! Just my 2 BTS
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Here is the bestselling guide that created a new game plan for marketing in high-tech industries. Crossing the Chasm has become the bible for bringing cutting-edge products to progressively larger markets. This edition provides new insights into the realities of high-tech marketing, with special emphasis on the Internet. It's essential reading for anyone with a stake in the world's most exciting marketplace.