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Messages - bitmarket

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16
General Discussion / Re: Sovereign Man
« on: October 18, 2015, 11:42:33 pm »
Sovereign Man / Simon Black is very tight with his email list..  He does not promote any affiliate offers.  He is however pro bitcoin and there is a slight chance.   Doug Casey is affirmatively anti crypto-currency.

17
Hi guys,

I just got back from speaking to the Vancouver bitcoin meetup.  A good group of guys I have rapport with.

I basically held the floor and tested different bullet points and pitches for different items BTS related to get their feedback.  Without question, the affiliate program is what they cared about.  Everything else was complicated and uninteresting.

I will be doing this fro now on and my advice to you is... lead, middle and end with the make money opportunity.

Other sidenotes.
- Bitshares is a horrible marketing name, as is almost every term in our entire eco-system.
- The catch phrases that worked were.  for $100 you purchase a business in a box that will destroy and replace Visa And mastercard. Get your customers to use this new network and not only do you not have to pay merchant fees anymore, but you will collect the merchant fees when your customers spend their money at every other store they visit. This business costs $100. You make $80 for each customer you acquire and there are no limits on how many customers you can acquire.

They just want a simple app that lets them manage that process.  Everything else was irrelevant.  And these are crypto people.  to the broader public... I would argue this is even more true.

I think bitshares will blow up, when someone puts a nice GUI and nice branding on top of it.  Bitshares will not even be mentioned.






18
General Discussion / Re: How many gas stations sell cokes?
« on: October 12, 2015, 03:49:49 pm »
Thank you Captain Literal chip.    :D

I think the angle here is .   "Be you own payment processor empire."   Tagline.... And put visa and mastercard out of business

19
General Discussion / Re: Graphene GUI testing and feedback
« on: October 02, 2015, 10:17:56 pm »
Feedback.

Great Job and overall much praise for the new wallet.  And now here is the useful(critical) stuff.

1. It is extremely overwhelming for new users with so many tabs and features etc.  I suggest a number of views that can be controlled by settings.

The basic and default view should be account name, history, and transfer and membership only.    It would be really neat if after they have say two transactions a pop up message appears ans says hey... it appears you have mastered transferring money to and from your account. May we take the training wheels of this puppy and introduce you to some advanced features? It is free. Yes/ No

Next view might be called trader.  It opens up the exchange tab.  and maybe permissions tab as well.
Final might be pro view with everything.   Users can choose from the settings menu at all times but we also prompt them after certain milestones.

2. When doing an exchange we show price and the quantity of one currency, but not the quantity of the other currency.  That would be nice.

3. I was confused as to what Pay was versus Transfer.

Anyway, overall very good.




20
General Discussion / Re: Things that make you go Ummm...
« on: September 21, 2015, 04:48:02 am »
Here are the big ones as I see it that are not obvious from the list of features.

1. Bitcoin has not governence model we do. 1 Larimar 1 vote.

2. The primary benefit to a bitcoin payer (not merchant) is during a black swan event, but can rarely be used.  Let me explain.  From the payers perspective credit cards are better and more established than bitcoin. Both are inexpensive, easy to use, and easy to obtain, and CC's even give you points for using it so you get a free flight every year.   The magor benefit of bitcoin to the user is protection in a blackswan event.  Ask the people of Greece and Cyprus if they would trade their free flights for access to their money.  The catch is, sending money is a very small part of our financial lives.  We borrow, we lend, we trade, we do lots of things.  To use bitcoin in any way other than sending money is to lose its primary benefit which is protection in a black swan event because you have to give up your private keys to third parties.   IF you want to hedge its value you have to let Coinapult hold your coins, IF you want to trade your coins and let them sit on an order book you have to give up your keys to Bitfinex, if you want to do something as elementary as set up a recurring payment you have to give up your keys to coinbase. The list is endless.  Anytime you want to do anything with bitcoin outside of send from A to B you have to jump back in the fire and deal with hokey third parties and trust them with your wealth.   The exact opposite of bitcoin stands for.  Bitshares turns that on its head.   Its primary benefit is the same protection during a black swan, but its sphere of benefit is orders of magniitude better than bitcoin because you can do all of the above things and keep your private keys.

3. Although bitcoin is growing much faster than bitshares ATM it has s short circuit which is holding it back, that if bitshares achieved the same level of support would see it grow much faster.  All crypto's are not particularly attractive for users (not merchants) when compared to credit cards or paypal.  It makes little sense to go to the effort and pay spreads just to send the money away.  Bitcoin used to have a cool way to get some coins in peoples hands.  It was mining with your PC.  Those days are over.  the next obvious way to get bitcoin into peoples hands is since bitcoin is so attractive to merchants compared to bitcoins then eventually more and more merchants will have bitocin in their hands and so it will spread from the merchant side.   Enter the short circuit.  Merchants do not hold bitcoins.  They liquidate them immediately through bitpay and others because bitcoin is volatile.  Bitassets does not have this short circuit.  A merchant need not liquidate them immediately because it is stable and in fact is incentivized not to for black swan protection.   He can hold wealth in bitUSD and only transfer out if needed later without currency risk.   The avoidance of this short circuit cannot be understated.   Cryptos would grow way more if it were absent like it is with bitassets.   IT should be noted however that bitcoin does have an advantage that bitUSD does not have.   bitcoin can attract users because of speculation, bitassets cannot.  In the long term I Would choose bitassets advantages but in the early days bitcoins advantage is pretty sweet.
4. Enhanced security through easier to use multisig and even more importantly limited withdrawals from nominated accounts.  That is a big one.

21
Quote
Well I just learned that all upgrade fees form 1.0 to 2.0 go to the network now and so I have lost my revenue model and thus my incentive to create such a funnel

Max,  if your revenue model depended upon getting upgrade fees from EXISTING users then that would be a relatively small market.   If every forum member who has posted in the
past 3 months were to sign up through your funnel it would only represent a one-time revenue of perhaps $100,000 that will vest over a year.  That is not a long-term business play. 

All NEW users who signup and then upgrade will be paid to you.    So if you signup a new account (pay the account registration fee) and then they upgrade to LTM then you get $80. 

I hope that clarifies things for you.  After all, we designed the referral program based upon your ideas.  I would hate to think that we did something with the design that undermines your plans.

There are two costs I must cover. 
1. Upfront costs (relatively large) - Time, energy, video production, opportunity cost
2. Ongoing (relatively small) -  Just hosting fees and a little split testing. I like giving as much to the referrer as possible so I don't want to take anymore than 10% from that.  (The theory/hope is that higher incentives brings volume which makes up for it.)

Btw, 3 months is a lot more exciting for the referrer which is obviously good.  I hope it is enough to preserve the referral system.


22
Where is the wallet access, because doesn't the wallet provider take a cut? For example, if it is on bitshares.org, would you be funneling to bitshares.org and thus we would end up with only the 50/50 commission?

No commissions split others.   BM/Cryptonomex will host wallets and not take a cut.

23
Hi everyone,
edit:  confusing title.   By the time I finished writing the post I had changed my mind from a small monthly fee to a lifetime fee.  Sorry for the confusion.

I had intended to create a marketing funnel complete with email capture, info-education videos, and tracking.   It was going to be designed so all you had to do was drive traffic to a site with your referal link and you would get the commission.   

I was going to make it free to everyone as long as they made me your referrer when you upgraded from 1.0 to 2.0.   I was expecting to give away that and lots of other cool bonuses basically making it so irresistible that everyone would choose me as their referrer.  SInce it would cost you nothing over and above the upgrade fee to premium 2.0 member that many of you would most likely pay anyway, I figured I would make 50k-100k by creating this kick ass funnel for you guys to use.  I also thought I would throw in several hundred dollars of bonuses that more people would upgrade to the bitshares premium member as well.   I thought the plan was beautiful and a win/win/win

Well I just learned that all upgrade fees form 1.0 to 2.0 go to the network now and so I have lost my revenue model and thus my incentive to create such a funnel.   Bitshares has also lost a poster boy to show off to the crypto world of someone who can make serious money with the bitshares referral program quickly.

I also really like the idea of lots of traffic going into one channel because it makes split testing easy and the funnel learns quickly.  So what to do?

Well the only course of action I see is for people to pay for such a service.

So here is my offer to see if there is sufficient demand to warrant me building this funnel.

Would you pay a one time fee of $97 now for lifetime access to a marketing funnel as described above?  It would continually improve and I Would always be testing things.   You will get the full 80% comms from people you refer.   They will not have to pay the $97.  But they will get 70%, I will get 10%.   ie: they will get the same service as you by giving me a 10% cut on all future.  Actually maybe I will offer them the 97$ deal as well.

Because I know we have very nice and encouraging forum members, I know the tendency will be to say... hell yes I will pay. Just so you know this is not an anonymous forum.  If you say yes, I will expect you to pay so please only say yes if you are willing to me $97 for lifetime use of the funnel.  * Lifetime means as long as it is worth my time to run the funnel you get it for free.

I guess its a bit rude of me to ask you to pay for marketing funnel you have not yet seen, so all I can see is that I have two web business with over $1 million in sales for information products so I have some runs on the board.

Let me know if you are a yes?


24
General Discussion / Re: bitshares.tv help
« on: September 14, 2015, 05:21:55 am »
Thanks G Chicken.

25
General Discussion / bitshares.tv help
« on: September 14, 2015, 12:22:45 am »
Hi guys,

So bitsahres.tv was hosted at godaddy and my wife accidentally turned off the hosting account about 6 weeks ago.

According to the godaddy help desk person I spoke to it would have been recoverable within about 3 weeks if I caught it that quickly, but I did not.

Does anyone have any information or skillset that could recover it?  If not all the videos are still on youtube, but we did lose the site and the link juice from it.

Sorry for my mess up.

M

26
General Discussion / Re: BitShares 101 in GitBook
« on: September 05, 2015, 03:39:28 pm »
Today BitShares 101 book translated for following languages:
  • French
  • Greek
  • Russian
  • Spanish
  • Korean

My idea to publish these translation at GitBook and make them available for free.
If Max will allow me, I will publish English version of the book also for free.

So I just need permission from translators for translated versions and translated book source, all rest I will do alone. Sure if translator can publish his translation at GitBook it's will be even better.

Russian version of the book from begining available free of charge at:
https://www.gitbook.com/book/testzcrypto/bitshares101
and Google Play.

PS: If I miss some translation please post info here.

Great Suggestion TestZ.

Thank you for it and yes you are welcome to upload the english version to gitbook.    Does that mean that others can update it?

Is there an authority to can "ok"commits?

Will that be me?

Max.

27
General Discussion / Re: What happened to Max and Bitshares.tv?
« on: August 15, 2015, 11:19:15 pm »
Website gone

I Am here. not sure why the wesbite is down.  I will look into it.  Thanks for the heads up.

28
Periscope hilariously doesn't work on my Note II. Any chance you will join the mumble server at the same time?
Afraid not.

29
Feel free to ask questions here as well and I will answer them in video.

30
Ask anything you like.
Get your stupid questions answered.
Stump me with hard ones.
Criticize comments I have made in the past.
Brainstorm your business idea.
Wednesday is all about you and how I can help you in anyway.
Bitshares, bitcoin, crypto, gold, silver, Austrian economics, Libertarian philosophy, Ancap, Its all on the table.

Here is the selfish background to why I am doing this.
On Wednesday the 12th of August I will be driving for 12 hours from Kansas City to Denver with only my dog 'Liberty' for conversation.
I want you to keep me company. Tune into my live broadcast and ask me anything you want, Good bad and ugly.   I also have some topics prepared that you will love and that no one is talking about.

Who am I?
I am the host of BitsharesTV. I wrote the one and only book on Bitshares available on Amazon and in 7 different languages called Bitshares 101. I wrote a top seller called Bitcoin revolution in 2013. I work with Bitshares and Cryptonomex on marketing and messaging.   All the things you like about Bitshares marketing... that was me. All things you don't like... that was Dan not listening to me   :P
Associate producer of the newly released award winning Bitcoin Documentary "The End of Money as we know it" and  self-proclaimed expert at all the topics mentioned above.

How do you join me?

Step 1. For those on twitter follow me there first @ContrarianDude
Step 2. There is a very cool app released recently by twitter called Periscope. Download it on your phone now. (iPhone and driod apps available)
Step 3. Follow me on Periscope. If you completed step 1 it should happen automatically, but if not click on the 3 people icon in the bottom right. Then click on the magnifying glass in the top left and search and add 'ContrarianDude'
Step 4. Your phone will notify you of when I am live on Wednesday and what I am talking about so you can join in when you want.

If you think there is even a remote chance that you might tune in, even for a few minutes then download the app and follow me now so you get notified of when I am on.  You can ask me questions in text and I can reply in video immediately.

Please share these links as well so others can hear about this event.
https://twitter.com/ContrarianDude/status/628606691693559808

Hopefully I will get to chat to you on Wednesday.  See you then.

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