log☇︎
969100+ entries in 0.659s
mircea_popescu: vampireb yes, 100mn shares, but owner may never sell more than half
vampireb: i thought there were 100 mil of shares, not 50 mil?
BitHub: their angle is, its a new thing called bitcoin, explaining it to people
mircea_popescu: BitHub you have to give them an angle.
ThickAsThieves: more profitable than wall street?
mircea_popescu: vampireb no, they pay for the whole 50mn (which obviously 37% whatever goes right back to erik)
BitHub: i have to tell marketing people how to do their job?
ThickAsThieves: safer than fiat?
ThickAsThieves: whats their angle though?
vampireb: ok thanks
mircea_popescu: BitHub i understand that part. the problem here is, bitcoin selling is different from most anything else.
BitHub: in any business mircea when you have a new product or something you hire a sales team or marketing team that goes out as pimps out whatever you want
mircea_popescu: vampireb 2k for 10mn last month. by the looks of it 5-10k for the whole 50mn this month
mircea_popescu: BitHub yeah, but what'd they do ?
ThickAsThieves: i think it does actually help
mircea_popescu: im pushing it in some ways, many other people are too, prolly more than me
mircea_popescu: BitHub it's a tough question he got. what even constitutes btc marketing ?
BitHub: professional trollers for only 2btc a week
mircea_popescu: ThickAsThieves do you consider stuff like trolling sa bitcoin marketing ?
Ukto: BitHub: yeah I will be pushing the api for kako to set it up in a few days
mircea_popescu: no but srsl;y, you have to do it already.
BitHub: oh, a bf ticker would be so friggen good
mircea_popescu: looking at dooglus' graphs no wonder the fucking whale bought 1mn sdice today
mircea_popescu: do you have any idea how inconvenient it is to not check the various stuff going on over there ?
Ukto: I have been trying to wrap up the new BF features for a couple days now
mircea_popescu: Ukto you haxxor you, when do i see bf ticker in here already!
BitHub: time to pay daddy a lil dividend
Ukto: No thanks, I'm good MP
mircea_popescu: it's making another 20k this month ?!
Namworld: try BTCT.co, I have a BBET passthrough there already
mircea_popescu: that's like 9k total
BitHub: oh must of been someone else i was talking to
mircea_popescu: it pays 1% on referrals, if you get someone to bet 100 btc that's 1btc for you.
mircea_popescu: BitHub these other folks think it's maybe oversold by now. they may be right.
BitHub: sooo, ThickAsThieves i'm thinking to send some btc to bitfunder to get it ready
mircea_popescu: seems senseless to me. but then again, im just an asshole so.
mircea_popescu: their metaphorical blood fattening the metaphorical earth.
mircea_popescu: that's the thing. 1k kids with a dream today, 1k corpses on the metaphorical business field of battle, next year.
mircea_popescu: i got fuckall knows how many btc, if you kill yourself trying a project that doesn't have a chance you loose, my btc gains.
mircea_popescu: yes, i agree it's a good thing. do you know who it;s a good thing for ?
BitHub: i think that's a good thing about a free market, you do have alot of cowboy's and stuff but i think throught the years alot of those guys get weeded out
mircea_popescu: but it has to be said.
mircea_popescu: and don't get pissed off at me, i'm honestly not that involved either way.
mircea_popescu: THEN you're in a position to know why the thing you're trying atm won't take off.
mircea_popescu: push it till you make enough to live off.
mircea_popescu: then they start something.
mircea_popescu: "they have to start somewhere" ? how about they start by working their butt off for something that's already here
mircea_popescu: fuckall they do, thing;'s unusable.
mircea_popescu: dumbasses make ripple. either of them spent the time to get the experience ? no THEY KNOW
mircea_popescu: the biggest problem is that nobody wants to start small.
BitHub: got to start somewhere tho, i think the biggest problem is all the amatuers and scammers
mircea_popescu: and their 10k.
mircea_popescu: they aren't going to compete. bitcoin seems new, but seriously. it takes a lot more than three kids.
mircea_popescu: this isn't a team. this is a group of young people, enthusiasts, whatever.
mircea_popescu: ThickAsThieves let's face it, ok ? all these teams are a guy with MAYBE 10k liquid to his name, a freind from school and maybe some chick either of them or both are diddling.
ThickAsThieves: i'm just trying to think of examples of how btc world might operate like porn or such
ThickAsThieves: what should these 999 peddlers peddle
mircea_popescu: yeah, are you somewhere where that's even legal ?
mircea_popescu: what, go door to door ? wth you mean irl ?
mircea_popescu: you mean irl ? what's that mean ?
BitHub: but i do try and give back
mircea_popescu: ThickAsThieves baby, there's already how many of those ? 4 ? 5 ?
ThickAsThieves: and convince peopel to buy in in meatspace
BitHub: okey :) i know what you're saying tho because i haven't been able to get any help really
mircea_popescu: BitHub srsly, don't take it personally
BitHub: mircea i try and help out in the community and answer as many questions as i can, i give away alot of btc donations n stuff just for fun
mircea_popescu: that's the natural order of things.
mircea_popescu: ThickAsThieves take a mature market, like say porn. or books. or whatever you will.
mircea_popescu: yea, that's the other thing, everyone and his team. it's insanity.
ThickAsThieves: but you said it needs 1000 to 1
BitHub: but i will be marketing and promoting bitcoin on the side
mircea_popescu: i don't think anybody should.
BitHub: i'm paying for my own marketing team
ThickAsThieves: mp, who pays for the marketing and promo of btc?
mircea_popescu: i guess it'll take some (more) time.
mircea_popescu: right. that's exactly the problem. there's 1000 people who all think they're cowboys.
mircea_popescu: im prolly going way too strongly at this, i don't mean you personally.
BitHub: because i want to push my own things in my own market here
mircea_popescu: well then why aren't you pushing things that are already there ?
BitHub: i hire them
mircea_popescu: this is what i'm saying. everyone thinks they should develop.
BitHub: i was just about to purchase bitbet.com but the guy pulled out of the auction
mircea_popescu: same thing goes for about everyone. just make more services, as if that's where it's at.
mircea_popescu: cause you think you're too good to make money or something, i'd guess.
Bugpowder: Security team would be better idea
mircea_popescu: well, why exactly are you doing that instead of earning referals on bitbet ?
BitHub: i was thinking mircea why don't more bitcoin companies just hire sales team
mircea_popescu: it needs exactly the reverse : like 3 devs and 1k+ promoters.
mircea_popescu: from what i see it's just a register this page ?
BitHub: i may offer a bet on the australian election tho as our first test
BitHub: so we're just preparing for that
BitHub: our first big test is the fifa world cuo
ThickAsThieves: No problem with BTCTco, I use it too, but aesthetically it's a little busier
BitHub: enables you to bet on sporting events or social bets etc, at proper betting odds
Namworld: What's the problem with BTCT.co?
BitHub: i was just speaking with them, they are going to offer bbet shares
BitHub: confirm bitfunder is going to offer it
BitHub: bitfunder is just easy to use
Namworld: I just want a few thousands
BitHub: they said yesterday they got some announcements coming soon