ClickBrain - Miami Startups, Technology, and Marketing - Latest Comments

Re: Ep. 1 – Amazing Startup Lessons from Serial Entrepreneur Peter Pezaris – Founder/CEO of Glip.com

Marco Marcello Montes Skertchl — Thu, 10 Sep 2015 11:29:23 -0000

It was only 1 lesson? Where can I find the next ones?

Re: Ep. 1 – Amazing Startup Lessons from Serial Entrepreneur Peter Pezaris – Founder/CEO of Glip.com

Blacknox — Thu, 18 Sep 2014 20:32:41 -0000

Thanks so much!

Re: Ep. 1 – Amazing Startup Lessons from Serial Entrepreneur Peter Pezaris – Founder/CEO of Glip.com

Red Paradigm — Thu, 18 Sep 2014 15:34:35 -0000

Great job! Congrats!

Re: Why Bitcoin may never hit the mainstream – usability

Magdalena — Thu, 05 Jun 2014 00:47:14 -0000

This is what happens if cryptocoin newbie tries to understand a system which is a little big for their heads. PAYPAL and EBAY are already on their way to integrate bitcoin. I made a FORTUNE! and still getting more! hahaha,newbies...

Re: You Lost Me At Pages(and Hosted only) LightCMS

Blacknox — Mon, 05 May 2014 09:15:32 -0000

ApproveThanks,

Brad Nickel
305-297-2466
Captiva Companies
http://captivacompanies.com
Tech/Marketing Blog:
http://ClickBrain.com
LinkedIn:
http://linkedin.com/in/brad...

Re: You Lost Me At Pages(and Hosted only) LightCMS

Denny Cave — Mon, 05 May 2014 09:02:15 -0000

I don't work for LCMS but have been using the system for years. That tiered pricing is for end users/single-site owners only. There's a button below the pricing table that takes you to https://www.lightcms.com/pa... where you can signup as a reseller and get 'Unlimited' plan sites for only $19/month.

Re: Why Bitcoin may never hit the mainstream – usability

Tuxavant — Mon, 03 Feb 2014 08:35:04 -0000

The total number of monetary units is derived, not by a hard number, but by a decrementing calculation of payout values. The genesis block reward was 5 billion satoshi (50 bitcoins). At every 210,000 transaction blocks (about 4 years), that reward divides in half until the reward value equals zero, at which point, monetary inflation ceases. This process will take 130 years and end with 2.1 quadrillion satoshi being created.

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sun, 02 Feb 2014 17:18:13 -0000

you make a valid point

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sun, 02 Feb 2014 15:44:02 -0000

Scalability issue of course and let's never forget to remind ourselves that bitcoin is slower than spreading molasses on a shit sandwich and therefore just as useless for point of sale operations because of this.

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sun, 02 Feb 2014 15:30:16 -0000

What a wily rascal. He should have gone all the way and made the total number of bitcoins to be this very important number 37,234,701

Re: Why Bitcoin may never hit the mainstream – usability

Tuxavant — Sun, 02 Feb 2014 13:40:43 -0000

It is curious. Describing bitcoins as having 8 decimal places requires huge mental gymnastics and ends up being wasted energy. Bitcoins are not stored as fractions. The basic unit of value stored in every transaction, a satoshi, is an integer, not a floating point number. My guess is that Satoshi Nakamoto defined a bitcoin as 100,000,000 "pennies" to confuse and slow adoption of the technology to let it develop
before the masses figured out what it was and just how disruptive it
will be to global finance.There is other evidence of Satoshi's concern for rapid adoption in several of his communications.

Re: Why Bitcoin may never hit the mainstream – usability

JLT — Sat, 01 Feb 2014 14:29:48 -0000

guess you never traded on the forex market, lot of decimals there!

Re: Why Bitcoin may never hit the mainstream – usability

JLT — Sat, 01 Feb 2014 14:26:20 -0000

with this comment u just sound retarded!

Re: Why Bitcoin may never hit the mainstream – usability

JLT — Sat, 01 Feb 2014 14:25:12 -0000

why do you care if you have none!

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sat, 01 Feb 2014 12:55:55 -0000

It's yet another defect of bitcoin that the smallest significant digit, 1/100,000,000th of a bitcoin, a satoshi, can not be represented in engineering notation (i.e. 10^-3 10^-6, 10^-9) What could Mr. Nakamoto have been thinking to do this when the obvious solution was to have 1 satoshi=10^-9 or 10^-6 and could have equalled a nanobit or a microbit and avoided a whole host of confusing problems for people.

Re: Why Bitcoin may never hit the mainstream – usability

Dieter Engel — Sat, 01 Feb 2014 12:45:26 -0000

That works until technology disrupts things, which is what bitcoin is: a disruptive technology.

also, until the average person realizes they've been enslaved by the guys claiming to protect them, then you get a revolution.

Revolutions are not too controllable. So, I'm hoping for technology to ensure liberty.

Re: Why Bitcoin may never hit the mainstream – usability

Blacknox — Sat, 01 Feb 2014 12:45:22 -0000

Excellent points. Thanks for commenting. I can definitely see the savings motivation, especially on the merchant side .

Re: Why Bitcoin may never hit the mainstream – usability

Dieter Engel — Sat, 01 Feb 2014 12:43:33 -0000

I think what you're missing in my description (because it wasn't clearly there) is that all the parties know they're working in bitcoin. The user is paying in bitcoin the seller is getting bitcoin. They just set and evaluate prices in their preferred currency. So this still helps the brand of bitcoin, because bitcoin causes a transaction like this to be quick, easy and a whole lot cheaper than the alternative.

The alternative is having to think in francs and convert your dollars to francs (incurring a %1 charge) plus a spread for the exchange rate, not to mention %2.5 + $0.30 credit card fees.

Right there that's about %4 savings (Depending on the exchange spread which due to the nature of the current highly regulated system will always be much wider than bitcoin.) For some people their bank tacks on an additional %1 for the hell of it.

I don't think people will have much problem paying with "bitcoin" when they save up to %5.

Re: Why Bitcoin may never hit the mainstream – usability

Blacknox — Sat, 01 Feb 2014 12:43:13 -0000

Thank you for your comments and insight.

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sat, 01 Feb 2014 12:41:57 -0000

What the average person thinks is and isn't fair becomes morality which becomes law enforced by men in black tactical suits who freely swoop in and crush any proud dread pirate freedom fighter believing in their supposed right to do anything they please.

Re: Why Bitcoin may never hit the mainstream – usability

Blacknox — Sat, 01 Feb 2014 12:39:44 -0000

I think that is a very likely step in the process to adoption and brings up the question of whether users will care what goes on behind the scenes as long as they spend what they know. It would not help the "brand" of bitcoin or what I perceive as the ultimate goal, but would definitely be a step in the tight direction if the infrastructure gets built and adopted.

Re: Why Bitcoin may never hit the mainstream – usability

Nasim — Sat, 01 Feb 2014 12:37:36 -0000

If the brains behind bitcoin were wise right now they would take a lesson from Dogecoin and immediately start talking and demoninating the 'bitcoin' currency in Satoshi's so people can feel they have a real stake in it and stop dealing with decimals just like the Mexican peso has done.

Who cares how many bitcoins you have it's all about the Satoshi's. The titanic number of daily transactions seen in Dogecoin are based on this idea, amongst other staggering quasi technical innovations like tipping culture, user-friendliness, extremely short block-halving time etc. Too many details to discuss here but definitely worth investigating for those who aren't yet familiar.

Re: Why Bitcoin may never hit the mainstream – usability

Dieter Engel — Sat, 01 Feb 2014 12:37:26 -0000

Stupid people think things they don't understand are stupid and call them "stupid buttcoins", until their stupidity comes back to haunt them and they then complain about how it isn't fair.

Re: Why Bitcoin may never hit the mainstream – usability

Dieter Engel — Sat, 01 Feb 2014 12:36:21 -0000

There's a really easy solution for this. Have computers do it.

A store selling computers could price them in Dollars or whatever old currency the customer wants, but behind the scenes the transaction happens in bitcoins at the current exchange rate. Thus the customer keeps bit coins, doesn't have to worry about the exchange rate and buys things based on the currency unit they are used to. The computer calculates the fractions of a bitcoin needed to pay and the seller gets the bit coins.

Sellers who get a lot of bit coins can then decide based on their own needs when and how much to exchange into dollars or even other currencies.

Thus, a store in Europe selling french cheese could price in Francs in their computer system (e.g.: the shop keeper works in the currency they prefer). The exchange happens in bit coins but the customer in the USA sees a price in Dollars.

Bitcoin is just a medium of exchange between these two parties, who both get to work in their preferred currency.

Re: Why Bitcoin may never hit the mainstream – usability

Mruiz — Sat, 01 Feb 2014 12:36:03 -0000

Thanks for the quick reply and Convo.

have a good day :)