Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 21/05/2023, 21:07:40 UTC
1000$ for that Miami conference wow.

Why not 1000 sats ?
It costs money to put on a conference... and especially such a large conference.

Sure, maybe they did not strike a good balance this year in regards to price versus expected attendance levels.. and so it likely is not easy to determine those kinds of matters, when the likely attendance levels may well vary quite a bit this year as compared with last year...

I have not seen the latest numbers, but I thought that they might have been anticipated quite a few less than half of the number of participants as compared to last year's 30k-ish levels, even if initially, they were likely hoping to reach similar levels as last year.. but even those very large numbers (like last year) become unwieldy too.. so increases in prices would surely cause the number of attendants to go down, one would think.

It costs money yes, and you have corporate stands rented to companies, sponsors, etc.

I guess the goal isn't Bitcoin evangelization, but only business people talking to business people.

Why so jaded about the matter aesma?

Surely, they could make a choice to offer entrance for free or near free, but wouldn't that have potential issues too?

I think that I already responded to this whole attempt at balancing, and surely we could have differing opinions in regards to a potential proper balance, and your suggestion of 1000 sats is surely not even close to realistic.. in terms of an attempt at balancing an including how they might have had too many attendees last year.. which has its own unwielding attributes, and sure maybe this year a way lower price might have had been better, and I surely don't claim to even closely know enough regarding that answer except for a decently strong sense that 1,000 sats is not even close to a realistic proposaL, even though I understand your overall point (exaggerated as it may well be.. if I consider that you are not actually seriously proposing that 1,000 sats would actually be reasonable or a good idea in terms of attempts at rationing attendance.. to the extent that you seem to believe rationing attendance is not an issue that needs to be considered.. in udder words, how do you keep out the riff raff? hahahahhaahaha).