Kim Dotcom Mansion: Press conference 2013-01-19 GMT - page 10.

Littleshop

legendary

Activity: 1386

Merit: 1004

Quote from: TraderTimm on January 18, 2013, 05:10:53 PM

Theoretically, if Kim could get suppliers of hosting and bandwidth to take bitcoins, he wouldn't have to cash out anything. Incidentally, this is how the system will work when we grow past the edge-exchanges being relevant.

Reasonable though hosting costs should not be too big of a part of his budget.

TraderTimm

legendary

Activity: 2408

Merit: 1121

Theoretically, if Kim could get suppliers of hosting and bandwidth to take bitcoins, he wouldn't have to cash out anything. Incidentally, this is how the system will work when we grow past the edge-exchanges being relevant.

thebaron

sr. member

Activity: 434

Merit: 250

Quote from: hazek on January 18, 2013, 11:51:02 AM

Quote from: thebaron on January 18, 2013, 11:26:27 AM

The problem with taking in as much revenue as he would through Bitcoin is cashing it out. Totally impossible today, even if you utilized all the on and off-exchange markets...including Coinabul.

I don't think that's an accurate assumption. You forget that with the increased demand in order to pay for his service there would likely be an increased volume of trading..

Right, but it would take some time to acclimate to cashing out such huge amounts. People already have issues with Mt.Gox paying them in a reasonable amount of time...

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: meanig on January 18, 2013, 03:43:16 PM

Quote from: cedivad on January 18, 2013, 02:48:08 PM

Quote from: Spekulatius on January 18, 2013, 02:40:32 PM

Quote from: QuantumKiwi on January 18, 2013, 01:23:30 PM

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

YAY!! Where can I follow you??
Have you got some twitter, facebook, etc. account?

Im excited Grin

No Spekulatius, you just want to speculate

http://kim.com/mega/press/

22 hours left.

Ha, we have the next Nathan Mayer Rothschild in our midst Cheesy

Quote

To the Rothschilds, [England's] chief financial agents, Waterloo brought a many million pound scoop.
... a Rothschild agent ... jumped into a boat at Ostend ... Nathan Rothschild ... let his eye fly over the lead paragraphs. A moment later he was on his way to London (beating Wellington's envoy by many hours) to tell the government that Napoleon had been crushed: but his news was not believed, because the government had just heard of the English defeat at Quatre Bras. Then he proceeded to the Stock Exchange.
Another man in his position would have sunk his work into consols (bank annuities), already weak because of Quatre Bras. But this was Nathan Rothschild. He leaned against "his" pillar. He did not invest. He sold. He dumped consols.
...Consols dropped still more. "Rothschild knows," the whisper rippled through the 'Change. "Waterloo is lost."
Nathan kept on selling ... consols plummeted—until, a split second before it was too late, Nathan suddenly bought a giant parcel for a song. Moments afterwards the great news broke, to send consols soaring.
We cannot guess the number of hopes and savings wiped out by this engineered panic.

And I tell you right now: BITCOIN IS DOOMED TO FAIL!

Care to sell those worthless coins for some shiny consols? I make a good price Wink

meanig

hero member

Activity: 531

Merit: 501

Quote from: cedivad on January 18, 2013, 02:48:08 PM

Quote from: Spekulatius on January 18, 2013, 02:40:32 PM

Quote from: QuantumKiwi on January 18, 2013, 01:23:30 PM

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

YAY!! Where can I follow you??
Have you got some twitter, facebook, etc. account?

Im excited Grin

No Spekulatius, you just want to speculate

http://kim.com/mega/press/

22 hours left.

Ha, we have the next Nathan Mayer Rothschild in our midst Cheesy

Quote

To the Rothschilds, [England's] chief financial agents, Waterloo brought a many million pound scoop.
... a Rothschild agent ... jumped into a boat at Ostend ... Nathan Rothschild ... let his eye fly over the lead paragraphs. A moment later he was on his way to London (beating Wellington's envoy by many hours) to tell the government that Napoleon had been crushed: but his news was not believed, because the government had just heard of the English defeat at Quatre Bras. Then he proceeded to the Stock Exchange.
Another man in his position would have sunk his work into consols (bank annuities), already weak because of Quatre Bras. But this was Nathan Rothschild. He leaned against "his" pillar. He did not invest. He sold. He dumped consols.
...Consols dropped still more. "Rothschild knows," the whisper rippled through the 'Change. "Waterloo is lost."
Nathan kept on selling ... consols plummeted—until, a split second before it was too late, Nathan suddenly bought a giant parcel for a song. Moments afterwards the great news broke, to send consols soaring.
We cannot guess the number of hopes and savings wiped out by this engineered panic.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Mega advance viewing has pricing for extras in Euros Angry

Mega;s not gonna be doing bitcoins I don't think, unless he hooks up with BitPay or etc later on maybe?

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: Spekulatius on January 18, 2013, 02:40:32 PM

Quote from: QuantumKiwi on January 18, 2013, 01:23:30 PM

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

YAY!! Where can I follow you??
Have you got some twitter, facebook, etc. account?

Im excited Grin

No Spekulatius, you just want to speculate

http://kim.com/mega/press/

22 hours left.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: QuantumKiwi on January 18, 2013, 01:23:30 PM

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

YAY!! Where can I follow you??
Have you got some twitter, facebook, etc. account?

Im excited Grin

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: QuantumKiwi on January 18, 2013, 01:23:30 PM

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

Awesome, can't wait to hear what his answer will be if you get the chance to ask him about Bitcoin. Good luck!

QuantumKiwi

sr. member

Activity: 322

Merit: 250

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

Spekulatius

legendary

Activity: 1022

Merit: 1000

What happened yesterday at the ice cream store..

http://www.youtube.com/watch?v=R4_zGo0oLnI&feature=player_embedded

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: pof on January 18, 2013, 11:34:25 AM

Early access:
http://www.techcrunch.com/2013/01/18/kim-dotcoms-mega-opens-site-to-early-users-reveals-roadmap-with-mobile-access-office-style-features-and-more/

Nothing about Bitcoin or payment options in it, only mentions the price tiers.

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: thebaron on January 18, 2013, 11:26:27 AM

The problem with taking in as much revenue as he would through Bitcoin is cashing it out. Totally impossible today, even if you utilized all the on and off-exchange markets...including Coinabul.

I don't think that's an accurate assumption. You forget that with the increased demand in order to pay for his service there would likely be an increased volume of trading..

pof

full member

Activity: 204

Merit: 100

Early access:
http://www.techcrunch.com/2013/01/18/kim-dotcoms-mega-opens-site-to-early-users-reveals-roadmap-with-mobile-access-office-style-features-and-more/

HostFat

staff

Activity: 4256

Merit: 1208

I support freedom of choice

Quote from: Technomage on January 18, 2013, 12:58:42 AM

I don't think that there is any reason for anyone to base Bitcoin market decisions on the new Mega. There has been absolutely 0 indication or even a hint that there will be anything Bitcoin related in that service. Of course I hope the service accepts bitcoins for premium membership etc but there is no expectation on this. Current market activity likely has nothing to do with this, unless it's Kim himself buying bitcoins before the announcement. I'd think he would have done that much earlier though.

If I remember right, he tweeted 1/2 times about Bitcoin ...

thebaron

sr. member

Activity: 434

Merit: 250

The problem with taking in as much revenue as he would through Bitcoin is cashing it out. Totally impossible today, even if you utilized all the on and off-exchange markets...including Coinabul.

ingrownpocket

legendary

Activity: 952

Merit: 1000

Quote from: Lip on January 18, 2013, 11:06:16 AM

The new megaupload will use the exact same business model as the old one. Maybe they will accept BTC for premium accounts but I doubt that would happen in the near future.

And please don't forget that we already have a nice BTC only service: http://www.coinuploads.com/

First time I hear about coinuploads.com. Seems nice.

Lip

newbie

Activity: 20

Merit: 0

The new megaupload will use the exact same business model as the old one. Maybe they will accept BTC for premium accounts but I doubt that would happen in the near future.

And please don't forget that we already have a nice BTC only service: http://www.coinuploads.com/

Fuzzy

hero member

Activity: 560

Merit: 500