I'm fairly new to the Bitcoin world, but it seems to me that ultimately (in 10 years or so) one of two things will happen:
1) Bitcoin will gain large-scale adoption. As a result, the value of Bitcoins will greatly increase from what it is today.
2) Bitcoin will fail due to government regulations, better alternatives, or other unforeseen reasons. As a result, Bitcoins will become effectively worthless.
Am I oversimplifying so far? If I'm not, then it seems like investing substantially in Bitcoins (purchasing coins) now will either make me very rich in 10 years, or I'll lose my initial investment.
By the same logic, if I earn coins by mining now and hold them, I will either be rich in 10 years, or I'll lose my mining investments.
I'm not interested in diving into mining to earn a quick 10-20k while the market fluctuates, so as a long term strategy it sounds like investing is the more sensible and less time consuming option. Thoughts?
I'm as upset as most people on here about the NSA's actions, but this is just foolish.
To Congress members, this is going to feel like an attack and a threat. People are going to want repercussions for those responsible, and now there is fresh fuel for any proponents of PRISM-like monitoring.
My team uses IFTTT for daily standup emails, and it's really been a huge help for us. Here's the recipe if anyone else wants to use it: https://ifttt.com/recipes/86294
Thanks for the tip. I don't have case studies or even testimonials yet, so that may be hurting me. This is what my sales page looks like: http://cl.ly/image/1a21191A2U16
Here's my situation: I have a product that I know 6% of 2000 users who have given me their email address will take for "free," though it requires 15-20 minutes of work for them to participate (so they must see some value here).
I originally priced it at $99, but I haven't been able to get anyone to pay that amount or $19. Do I just keep dropping prices until I can get someone to pay? Is it a fair test to email out varying "discounts" to groups of users to determine a price?
When I clicked through (excitedly) to see more details about who was visiting us from the International Space Station, I noticed that the top traffic source was a search for "April Fools." Google, you got me on this one.
Thanks! We plan to go live with our beta in 3-4 weeks, and we're already accepting pitches from our beta list. Email me at [email protected] and I'll send you a beta invite.
I would try it out. I'm also going to take this opportunity to make a shameless plug: answering the question, "Should I build this?" is precisely the goal of LaunchSky.com.
I'm trying to understand what they're going for here. The interesting part is that the "pokes" are ephemeral. Is that special because every other type of electronic message has permanence?
In my experience, the way to approach this is to start writing tests for any bug fixes or new features added. Over time, coverage increases and the product becomes much more solid.
This is a great question. Our primary crowd will initially be tech-focused, so if you pitched an idea where your target market is restaurants, you're not going to get people from the community clicking "I'd use it." That said, you would probably still get some useful feedback (other apps in the space, technical challenges, etc), just like you would by posting here. Later down the road, we might be able to offer access to other markets by posting to our site (e.g. select by a market category when you post, we push out your post to a group representing that market).
1) Bitcoin will gain large-scale adoption. As a result, the value of Bitcoins will greatly increase from what it is today.
2) Bitcoin will fail due to government regulations, better alternatives, or other unforeseen reasons. As a result, Bitcoins will become effectively worthless.
Am I oversimplifying so far? If I'm not, then it seems like investing substantially in Bitcoins (purchasing coins) now will either make me very rich in 10 years, or I'll lose my initial investment.
By the same logic, if I earn coins by mining now and hold them, I will either be rich in 10 years, or I'll lose my mining investments.
I'm not interested in diving into mining to earn a quick 10-20k while the market fluctuates, so as a long term strategy it sounds like investing is the more sensible and less time consuming option. Thoughts?