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Airtime on Let's Talk Bitcoin! [ AUCTION 5 CLOSES NOON Pacific time SUNDAY 7/13/14]CURRENT HIGH BIDS: 23k & 12k LTBc - LAST EPISODE WINNING BIDS: 32,542LTBc and 28,442LTBc for Brawker.com and CoinMarketCap.com

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  • bcohen

    @adam

    Right now simply nobody knows a fair price. In the past we've charged between 300-500 USD per 30 second sponsorship per show. you might just wait til a week from now when you'll get some LTBCOIN for posting on the forums, etc.

    but these are not the same in that they are longer... but there is no no "editorial control."

    Your 100 LTBC bid in this forum vs. Nick's 100K bid (edit:this faux/rhetorical bid ...offer actually) the other forum are making my head spin (and that's o.k.!) If (?) Nick's bid is fair we could see winning bids ranging from 25K - 75K LTBC in this forum (ediT; Again 100K bid in other forum wasn't genuine)

    For what its worth, my initial crazy bid number for the Foundation was simply 4X the smallest distribution of LTBCoin (or 4 X 160)

    I think this might be a case of everyone watching everyone else for guidance. Fun... chaos!

    edit: edits incorporated into message

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  • adam

    @bcohen

    That's exactly it - there literally is no right answer and nobody knows anything. I started the bidding at 100 because nearly everyone who has LTBCOIN only has 160 they got from that first drop - the first real drop isn't until the end of the week at which point we'll have a bunch more floating around the ecosystem.

    On the other hand, Wendell wants to buy a bunch of LTBCOIN so he's targetting the other demographic, the content creators who got big chunks for their work and might be interested in cashing some out since 1btc exponentially more than the average tips per episode.

    So there are a couple of different interest groups all circling each other, looking for an opportunity. The auction here is just another little bit of pressure, my assumption is whatever the prices are for tuesdays episodes will be GREAT deals historically.

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  • TorstenEndOfMoney

    Great Discussion. Exciting times. I want to bid as well but need a bit more time to understand the value and set up the wallet and learn about how to 'get LTBCOIN' as a content producer, too. will be bidding in next round.

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  • rotalumis

    My inbox might resent me for this, but here goes:

    1250 LTBCoin for you to talk about the planned Crypto for Change blog on LTB. Specifically to call for writers who are passionate about the disruptive aspect of cryptocurrencies and want to form an ACT around that idea to submit their resume and some blog writing samples to [email protected]

    Info here: https://docs.google.com/document/d/1SLZYs_4v7czUxDgPWSVyAooUwMS02KxKy81YWbpOLSY/edit

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  • adam

    Original post updated, Crypto for Change Blog is A-OK as a sponsor!

    @bcohen your move

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  • bcohen

    @adam

    Bitcoin Foundation - 2800 LTBCoin (Donation) Bitcoin Megaphone - 2300 LTBCoin

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  • adam

    I'm not going to keep updating the front page until ya'll figure out which of you is willing to pay more for the space.

    @rotalumis your move, ping each other when you bid.

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  • bcohen

    @adam gotcha..... but I appear to bidding against someone whose holdings have tripled since the initial distribution?

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  • adam

    @bcohen @rotalumis, the top contributors on "Key thinkers" ranked each other, and I ranked them as well to distribute the 6 million or so LTBCOIN that were allocated to them in the initial distribution. I'm not even half done with executing that, we're still waiting for people to get their addresses set up and it's all manual anyways at this point.

    The rules of the distribution were what they were, and we didn't frankly have that many people who stepped forward to help bring the actual coin and incentives system part of ltbcoin to fruition. If you were a key thinker and did work for us, you were well paid.

    So as i've mentioned, as the distribution continues expect to see more people popping up with ltbcoin. The question isn't really how much does he have, since I think both you guys are believers. The question is how much is the spot worth to you, since both of you have quite a bit.

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  • bcohen

    @adam cool :)

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