Author Topic: Lets get ebay not Open Bazaar...  (Read 15314 times)

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Offline liondani

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Feel free to bid on the first action on ebay that accepts bitUSDs !!!! :D  ;)


http://www.ebay.com/itm/ASUS-Radeon-R9-280X-DirectCU-II-TOP-DC2T-3GD5-3GB-Video-Card-BRAND-NEW-BOX-/131324973943


PS   10% discount on final price if you pay with bitUSDs !!!
« Last Edit: October 20, 2014, 06:33:29 am by liondani »

Offline GaltReport

Another thing to keep in mind.  Some of us may look at OB's design/architecture and say "that's wrong, no one wants that or would use that..." but remember that people use SR and have proven they are willing to use something "good enough" if their choices are limited or there is some other advantage (convenience, privacy etc...).  MP3s are a good example of something proven to be "good enough" for most people.

Offline GaltReport

I now see BM talking about a DAC here:

https://bitsharestalk.org/index.php?topic=9996.msg130114#msg130114

I have zero doubt BM could design a better system given the time and resources.  Maybe that's his next big challenge after BitSharesX?  Time and Resources though could be a killer.
« Last Edit: October 14, 2014, 04:14:21 pm by GaltReport »

Offline feedthemcake

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With the comments from Stan about thinking BIGGER and BM's comments about a broader use case, I'm beginning to think they want an eBay/OB like DAC of their own....which would be great if their was one almost done...but I don't think their is...and that would be a lot of work...or maybe they are thinking of Amazon? 

Seems they are keeping their cards close to their chest.

 +5% but we may just have lots of hope!

Offline GaltReport

With the comments from Stan about thinking BIGGER and BM's comments about a broader use case, I'm beginning to think they want an eBay/OB like DAC of their own....which would be great if their was one almost done...but I don't think their is...and that would be a lot of work...or maybe they are thinking of Amazon? 

Seems they are keeping their cards close to their chest.
« Last Edit: October 14, 2014, 04:05:01 pm by GaltReport »

Offline bluebit

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Make bitUSD available at Casinos, pitch bitUSD to any Casino, I'm sure they'd be interested.
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Offline liondani

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what about to make on ebay every week an action for an ipad or something that is viral right now (they have something like a "hot" section) with the bitsharesx logo on it but asking clearly
on payment details for bitUSDs? And have a dedicated thread on our forum for these actions ? It would be attract members from our community first, secondly fro the crypto community and last from the ebay community when they see how much bids for a "bitsharesx" labeled gadget are in place....(?)

Offline G1ng3rBr34dM4n

I agree with Daniel. 

eBay first - "Start at the top then work your way up."

Need to think massively and get outside of the crypto space, outside our comfort zones, and into where the majority of where society exists.

Offline cube

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Would it make sense for us (the community) to start a developer fund in order to attract more developers/freelancers to at least read into the code?

Taking a look at the github commits, most work is done by the core team .. I'd like to see this repo grow to Linux kernel repo loads ..

Would a community dev fund help? does it make sense? could we collect a reasonable amount of money?

 +5%

I like the idea of a dev fund completing the core team.  Would you like to try it out?
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Offline Empirical1.1

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


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What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

demand for BitUSD should be thought about same way there is demand for paypal and then I think you may understand how this fits your economic definition

This is demand for escrow service, not product.  Also what you see as "spam" should be thought marketing.  Read my steps to eBay exposure more closely and you'll see it's about using BitUSD to /buy/ product


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I would say it helped a lot that the Overstock CEO was alt-coin favourable. I'm sure Overstock also took into account Bitcoins CAP and distribution. A small CAP low distribution payment option badgering merchants is unlikely to create demand.

What might create demand is a carefully prepared proposal that lays out the MANY advantages to retailers & offers technical support & 'perhaps' a retailer incentive. (BitUSD is really huge for retailers especially if someone in their supply chain accepts it too.) Then let retailers offer it to consumers as a payment option because of how much consumers starting to use it benefits the retailer.

Offline carpet ride

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

demand for BitUSD should be thought about same way there is demand for paypal and then I think you may understand how this fits your economic definition

This is demand for escrow service, not product.  Also what you see as "spam" should be thought marketing.  Read my steps to eBay exposure more closely and you'll see it's about using BitUSD to /buy/ product


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All opinions are my own. Anything said on this forum does not constitute an intent to create a legal obligation between myself and anyone else.
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Offline Rune

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..

You misunderstand what demand means in economic terms. It means that you are actually willing and able to buy something at a given price. It doesn't mean spamming or tricking people to think there is demand. Unless you're actually ready to buy things with bitUSD if it was available, yet not willing to buy them with other means, then there is demand for bitUSD. Also, I highly doubt spamming was a big factor in getting on overstock, especially considering how Patrick Byrne seems to ideologically support bitcoin.

Offline carpet ride

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD

This is exactly how Bitcoin got its way into overstock..
All opinions are my own. Anything said on this forum does not constitute an intent to create a legal obligation between myself and anyone else.
Check out my blog: http://CertainAssets.com
Buy the ticket, take the ride.

Offline Rune

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


Sent from my iPhone using Tapatalk

What you are describing is an example of something that isn't real demand.

If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.

But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.

Offline carpet ride

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Like luckybit said, in order to get into eBay we just need to create demand. 

Think viral:

Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat.  There's a lot more potential for this on eBay than anywhere else


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« Last Edit: October 14, 2014, 10:43:13 am by Gonzo »
All opinions are my own. Anything said on this forum does not constitute an intent to create a legal obligation between myself and anyone else.
Check out my blog: http://CertainAssets.com
Buy the ticket, take the ride.