Oh god, the game/bingo thing is a terrible idea.
I don't want that thing on my wallet, because I'll probably end up playing, even if I don't want to. Promoting addictive behaviors is bad.
Is it me, or did the focus changed from "we'll give freedom to everybody" to "making BitShares fun". We don't need anything else than 1) a focus on marketing BitAssets 2) a good user experience for the wallet.
Now I'm pissed off
Oh god, the game/bingo thing is a terrible idea.
I don't want that thing on my wallet, because I'll probably end up playing, even if I don't want to. Promoting addictive behaviors is bad.
Is it me, or did the focus changed from "we'll give freedom to everybody" to "making BitShares fun". We don't need anything else than 1) a focus on marketing BitAssets 2) a good user experience for the wallet.
Now I'm pissed off
Oh god, the game/bingo thing is a terrible idea.
I don't want that thing on my wallet, because I'll probably end up playing, even if I don't want to. Promoting addictive behaviors is bad.
Is it me, or did the focus changed from "we'll give freedom to everybody" to "making BitShares fun". We don't need anything else than 1) a focus on marketing BitAssets 2) a good user experience for the wallet.
Now I'm pissed off
Go play bingo... it's a stress reliever
1) we cannot give people freedom if we cannot make money in the market
2) making it fun will increase adoption like facebook games.
3) what good is freedom if you cannot have fun getting there?
I know several people that play bingo for money multiple times per week. I know others that play bingo every time they go on a cruise! It is "entertaining" in the same way as TV.
It is mindless.... but you know what... so are most people ;)
About attracting miners to our multipool by giving them a +5% bonus.
Where would this bonus come from?
And would there be a limit to this bonus?
*did not mean to encourage mining --- sorry
mining is a thin veil for Bitcoin's early marketing campaign
we need to realize they analogy and see through the veil - when BM is ready to pay marketers directly and dish a ton of dough for marketing maybe guys like hpenvy and methodx will be willing to really work for us.
Remember what BM says about work?, PEOPLE DON'T WORK FOR FREE. ..I'm sure you guys don't need a direct quote from the forum...
We will spend money on marketing when we have a strategy.
If marketers are so great at marketing then they can get elected with multiple delegates to get the job done.
I am now very cautious about spending on marketing
I am looking for angles that produce results.
Perhaps I was just burned by a few
I know several people that play bingo for money multiple times per week. I know others that play bingo every time they go on a cruise! It is "entertaining" in the same way as TV.
It is mindless.... but you know what... so are most people ;)
so apparently you know several people and those people occasionally play bingo. This is an absurd way to justify bingo development.
I think gambling may be a great angle. But this is just an absurd approach.
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We will spend money on marketing when we have a strategy.
How can you not have a strategy?
*did not mean to encourage mining --- sorry
mining is a thin veil for Bitcoin's early marketing campaign
we need to realize they analogy and see through the veil - when BM is ready to pay marketers directly and dish a ton of dough for marketing maybe guys like hpenvy and methodx will be willing to really work for us.
Remember what BM says about work?, PEOPLE DON'T WORK FOR FREE. ..I'm sure you guys don't need a direct quote from the forum...
If marketers are so great at marketing then they can get elected with multiple delegates to get the job done. I have learned that throwing money at "marketers" does not produce results and that in general they are good at spending other people's money. Perhaps I was just burned by a few, but I am now very cautious about spending on marketing and am looking for angles that produce results.
This means I am specifically looking at conversions and measured results. We will spend money on marketing when we have a strategy.
*did not mean to encourage mining --- sorry
mining is a thin veil for Bitcoin's early marketing campaign
we need to realize they analogy and see through the veil - when BM is ready to pay marketers directly and dish a ton of dough for marketing maybe guys like hpenvy and methodx will be willing to really work for us.
Remember what BM says about work?, PEOPLE DON'T WORK FOR FREE. ..I'm sure you guys don't need a direct quote from the forum...
If marketers are so great at marketing then they can get elected with multiple delegates to get the job done. I have learned that throwing money at "marketers" does not produce results and that in general they are good at spending other people's money. Perhaps I was just burned by a few, but I am now very cautious about spending on marketing and am looking for angles that produce results.
This means I am specifically looking at conversions and measured results. We will spend money on marketing when we have a strategy.
A lot of marketing people are just natural bullshitters. But I think the marketing delegates we have now (Method-x, Matt608, RGcrypto) are very focused on analytics, so once they learn what works, they'll only be spending on ads that produce a return. They had to pay off their delegate investments and have been scratching together to raise $200 from their delegate earnings, investing all of that and more back into BitShares. That's not wasted money there, but it also is not enough to give BitShares the promotion it needs. The main push should come after we have all the infrastructure in place to make this user-friendly.
I know several people that play bingo for money multiple times per week. I know others that play bingo every time they go on a cruise! It is "entertaining" in the same way as TV.
It is mindless.... but you know what... so are most people ;)
I know several people that play bingo for money multiple times per week. I know others that play bingo every time they go on a cruise! It is "entertaining" in the same way as TV.
It is mindless.... but you know what... so are most people ;)
I think a key ingredient of any built-in promotional game is the possibility for an escalating jackpot. The bigger the jackpot grows the less boring the game becomes. Heck, I might even play if the jackpot was big enough to buy Apple. Or at least I would use it to get my wife, mother, and sister interested. :)
Every big jackpot blowoff is as good as a news release about ShapeShift in terms of its potential to motivate new people to download a wallet.
I know several people that play bingo for money multiple times per week. I know others that play bingo every time they go on a cruise! It is "entertaining" in the same way as TV.
It is mindless.... but you know what... so are most people ;)
I think a key ingredient of any built-in promotional game is the possibility for an escalating jackpot. The bigger the jackpot grows the less boring the game becomes. Heck, I might even play if the jackpot was big enough to buy Apple. Or at least I would use it to get my wife, mother, and sister interested. :)
Every big jackpot blowoff is as good as a news release about ShapeShift in terms of its potential to motivate new people to download a wallet.
It's also about generating some liquidity in the BitAsset realm.
We have numerous ideas for doing that in ways attractive to various constituencies. Remember convertible BitSilverEagles<->SilverEagles are in the pipeline too.
Everyone should pursue whatever activity they have the skills to make happen. Those who succeed are very likely to be rewarded with a delegate slot.
Yes, it is a good point.
Watch out, Powerball! BitShares has another multi-billion dollar industry in its sights.
(http://www.picgifs.com/clip-art/entertainment/bingo/clip-art-bingo-442587.jpg)
Yes, it is a good point.
Watch out, Powerball! BitShares has another multi-billion dollar industry in its sights.
(http://www.picgifs.com/clip-art/entertainment/bingo/clip-art-bingo-442587.jpg)
The picture is quite accurate. I had a quick look, 80%+ of bingo players are woman, while 90%+ BTS users are male.
So it's a complete mismatch. At this stage we should pursue other types of gambling instead if at all possible.
We should give existing male users recreational gaming and gambling options if we want to grow BitAssets as well as challenge for some of the Bitcoin market share.
Yes, it is a good point.
Watch out, Powerball! BitShares has another multi-billion dollar industry in its sights.
(http://www.picgifs.com/clip-art/entertainment/bingo/clip-art-bingo-442587.jpg)
The picture is quite accurate. I had a quick look, 80%+ of bingo players are woman, while 90%+ BTS users are male.
So it's a complete mismatch. At this stage we should pursue other types of gambling instead if at all possible.
We should give existing male users recreational gaming and gambling options if we want to grow BitAssets as well as challenge for some of the Bitcoin market share.
Unless you are looking for a way to get a new demographic involved... :)
I love the idea of the BitShares Mining Pool paid in BitUSD?
Is it fully operational? Is there a tutorial to show me how to use it?
I would go right away to nicehash.com if I knew how to drive that hashing power over to that mining pool.
Selling pressure on our competitors and Buying pressure on BitUSD.
That's what we need.
I love the idea of the BitShares Mining Pool paid in BitUSD?
Is it fully operational? Is there a tutorial to show me how to use it?
I would go right away to nicehash.com if I knew how to drive that hashing power over to that mining pool.
Selling pressure on our competitors and Buying pressure on BitUSD.
That's what we need.
Don't let this ship sink.
I love the idea of the BitShares Mining Pool paid in BitUSD?
Is it fully operational? Is there a tutorial to show me how to use it?
I would go right away to nicehash.com if I knew how to drive that hashing power over to that mining pool.
Selling pressure on our competitors and Buying pressure on BitUSD.
That's what we need.
You'd be better off buying BTS up directly or you have free/subsidized power. Thats the reality of it.
The option needs to be worked into the blockchain where a small % of the edge is put into bitAssets with most going to the owner of a key. The owner of the key collateralizes the random number appropriately. blah blah.. build it and maybe they will come. Actually even this would suck and would need to be designed well enough and then third party devs have to be able to readily figure out how to apply it. Maybe.
Yeh but it is also more likely people would get far wealthier from working for another company than BitShares and buying BitShares as opposed to working for our blockchain and taking criticism, but it doesn't mean people aren't doing it! :)
Yeh but it is also more likely people would get far wealthier from working for another company than BitShares and buying BitShares as opposed to working for our blockchain and taking criticism, but it doesn't mean people aren't doing it! :)
Learning all that mining crap to support a POW network and put all that money into various things so you end up with significantly less % BTS doesn't help BTS at all (if you had just bought BTS instead), but does help the mining pools a bit. So you end up wasting both significant time and money, both which could go to help BitShares.
I'm just telling rgcrypto that while it sounds neat, it really is only valuable if you are already mining. Rgcrypto does some of the most valuable work I've seen for Bitshares at the moment and he definitely shouldn't be dicking around trying to get a mining rig working which would be a total waste of his talents. The man is golden.
Yeh but it is also more likely people would get far wealthier from working for another company than BitShares and buying BitShares as opposed to working for our blockchain and taking criticism, but it doesn't mean people aren't doing it! :)
Learning all that mining crap to support a POW network and put all that money into various things so you end up with significantly less % BTS doesn't help BTS at all (if you had just bought BTS instead), but does help the mining pools a bit. So you end up wasting both significant time and money, both which could go to help BitShares.
I'm just telling rgcrypto that while it sounds neat, it really is only valuable if you are already mining. Rgcrypto does some of the most valuable work I've seen for Bitshares at the moment and he definitely shouldn't be dicking around trying to get a mining rig working which would be a total waste of his talents. The man is golden.
The bolded part = bingo (not the game we may have to cringe through seeing in our wallets).
I agree that he might be better utilizing his talents by doing what he does best, but that doesn't mean that this "mining for bitshares" idea couldn't bring in a huge userbase from other cryptocurrencies that are mined.
As it stands, miners are now having to pay taxes on what they mine, valued at the time when it is mined. In a Bear Market....we can effectively say that very few miners are going to be happy about paying taxes based on cryptocurrencies that have likely lost a great deal of their value since being mined. Being able to mine into bitUSD or another, more stable currency helps bitshares by bringing the volume of bitAssets up while also helping miners who are feeling caught in a (bear) trap.
I don't think we should underestimate the power of that synergy...
Yeh but it is also more likely people would get far wealthier from working for another company than BitShares and buying BitShares as opposed to working for our blockchain and taking criticism, but it doesn't mean people aren't doing it! :)
Learning all that mining crap to support a POW network and put all that money into various things so you end up with significantly less % BTS doesn't help BTS at all (if you had just bought BTS instead), but does help the mining pools a bit. So you end up wasting both significant time and money, both which could go to help BitShares.
I'm just telling rgcrypto that while it sounds neat, it really is only valuable if you are already mining. Rgcrypto does some of the most valuable work I've seen for Bitshares at the moment and he definitely shouldn't be dicking around trying to get a mining rig working which would be a total waste of his talents. The man is golden.
The bolded part = bingo (not the game we may have to cringe through seeing in our wallets).
I agree that he might be better utilizing his talents by doing what he does best, but that doesn't mean that this "mining for bitshares" idea couldn't bring in a huge userbase from other cryptocurrencies that are mined.
As it stands, miners are now having to pay taxes on what they mine, valued at the time when it is mined. In a Bear Market....we can effectively say that very few miners are going to be happy about paying taxes based on cryptocurrencies that have likely lost a great deal of their value since being mined. Being able to mine into bitUSD or another, more stable currency helps bitshares by bringing the volume of bitAssets up while also helping miners who are feeling caught in a (bear) trap.
I don't think we should underestimate the power of that synergy...
Don't overestimate this 'huge community'. The mining+paying taxes angle is interesting but I'm not sure how many miners declare their mining income.
It would be a better idea 8 months ago but I'm not sure how many people even care about mining anymore. I used to know a few geeks who messed with that, but I don't know any anymore because they quit.
You can spend $250 on a machine that generates .25 a day, or .75 if power is free. <- maybe better deals and maybe I made a big mistake but that is the state of mining. Machines that are 1/2 as efficient wouldn't even make a profit with scrypt.