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Topic: Megaupload + Bitcoins - page 13. (Read 13985 times)

sr. member
Activity: 434
Merit: 250
August 24, 2016, 07:31:12 PM
#67
Yes, but remember the main reason that Megaupload got shut down was because they were paying users. 
Investigators were able to prove that the company was giving payouts to accounts brining in large amounts of traffic. 
If they have any sort of payment system, they will have to be VERY careful about what they are taking payments for, or the government will argue that people are paying to download files that are known to be illegal.
hero member
Activity: 756
Merit: 501
August 24, 2016, 06:27:21 PM
#66
so his praised solution to the transaction problem is a centralized service. doesn't sound so promising to me. i guess we will see if he releases more details. 
why it does not sound promising, in my opinion it already is promising that it will use bitcoins and it is really great as it will give bitcoin more popularity for sure

I really believe this will bring and push bitcoin into another values, almost instant, people always searching for good and stable ways to make money and the previous megaupload were allowing all to make money, soo now the new version with bitcoin as looks like will be amazing.
hero member
Activity: 658
Merit: 500
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August 24, 2016, 05:57:53 PM
#65
so his praised solution to the transaction problem is a centralized service. doesn't sound so promising to me. i guess we will see if he releases more details. 
why it does not sound promising, in my opinion it already is promising that it will use bitcoins and it is really great as it will give bitcoin more popularity for sure
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
August 24, 2016, 01:46:43 PM
#64
this idea is old but i am glad that anyone atleast
thought it with bitcoin and nowdays the faints money
system gets harder on online shopping or online
spending but vertual coins are getting their grip on
most of the online services
member
Activity: 113
Merit: 10
August 24, 2016, 01:46:02 PM
#63
so his praised solution to the transaction problem is a centralized service. doesn't sound so promising to me. i guess we will see if he releases more details. 
If I understand what he's going for correctly, he wants to solve some of the transaction speed issues or something? Because aside from that unless he's focusing on the aspect of scalability primarily (which could be solved by large block sizes if it ever becomes a big issue) there isn't much he's offering to bring to the table.
well bitcoin can only handle a certain amount of transactions per second. one way to resolve this is to raise the block size. another way is to outsource transactions to side chains. but he wants to solve it with some centralized service. which is not a good idea since the big fuzz about bitcoin is it's decentralized nature. so he only brings a big mouth to the table.
 
legendary
Activity: 1218
Merit: 1007
August 24, 2016, 01:38:58 PM
#62
so his praised solution to the transaction problem is a centralized service. doesn't sound so promising to me. i guess we will see if he releases more details. 
If I understand what he's going for correctly, he wants to solve some of the transaction speed issues or something? Because aside from that unless he's focusing on the aspect of scalability primarily (which could be solved by large block sizes if it ever becomes a big issue) there isn't much he's offering to bring to the table.
member
Activity: 113
Merit: 10
August 24, 2016, 01:27:14 PM
#61
so his praised solution to the transaction problem is a centralized service. doesn't sound so promising to me. i guess we will see if he releases more details. 
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
August 24, 2016, 09:53:47 AM
#60
Kim Dotcom is full of surprises. I hope he knows what he's doing.
yeah, i hope it wasnt just talks and we will see bitcoins accepted in megaupload pretty soon, that would be definitely good to bitcoin

i hope only for good bad is just not in my book for now
just to be half of what he said i would be happy
sr. member
Activity: 280
Merit: 253
August 23, 2016, 03:56:46 PM
#59
so here are some "news" on the technical details of bitcache.
bitcache centralizes transactions, but uses the protocol to get the best of both worlds.
i just leave this here and you can decide for yourself.
sr. member
Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 20, 2016, 05:52:56 PM
#58
Kim Dotcom is full of surprises. I hope he knows what he's doing.
yeah, i hope it wasnt just talks and we will see bitcoins accepted in megaupload pretty soon, that would be definitely good to bitcoin
legendary
Activity: 1204
Merit: 1000
August 20, 2016, 10:07:04 AM
#57
There has been created a fog about kim dotcom and bitcoin such that we don't know what we are discussing, we don't know how and what is he doing with the megaupload + bitcoin.
Or he will integrate bitcoin as payment method (nothing to be surprised), or he will force people to download the files only when they make a transaction(pay for the files)
newbie
Activity: 54
Merit: 0
August 20, 2016, 09:48:55 AM
#56
I pretty much support that (like any crypto fan) been a big fan of the old megaupload and Think it will be great if they could make some as successful as it was with bitcoin implemented.
legendary
Activity: 1610
Merit: 1183
August 20, 2016, 09:43:59 AM
#55
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.

you speak true words. he has been talking a lot about the price and so on, but how much technical details on how he wants to achieve this do we have?

We have 0 technical details as far as I know, he only has mentioned "bitcache" and microtransactions, and has claimed to solve the block size war problem which is ridiculous to me since we have the best devs working on this, so I doubt he has done it to be honest, but we only can wait and see.

what he has said so far is more like a riddle and needs deciphering to understand. but he didn't say he is going to solve block size problem, he said bitcache is solving the scalability issue which is different i suppose.

Well he talked about solving the "bitcoin civil war" and this "civil war" is the small blockers vs the big blockers. To solve the so called "bitcoin civil wars" implicitly means that he has solved the block size issue which also means he solved the scalability issue, and that I need to see before I believe it.
hero member
Activity: 2898
Merit: 520
Leading Crypto Sports Betting & Casino Platform
August 20, 2016, 09:31:04 AM
#54
I trust the guy for his current reputation. With that, I believe he will prove his words aren't just words.

He has hyped bitcoin quite a lot and I don't want to see his reputation be shattered for not keeping his word. This would prove a great opportunity for bitcoin users and mega users as well although it may pose quite a problem especially when the files being uploaded/downloaded are illegal.
even he's failed proving his words,he won't risk his reputation,his reputation is only about piracing things and that's why he's getting raided by US due to breaking the law about copyright,so,whether he'll succes or not,doesn't matter
sr. member
Activity: 280
Merit: 253
August 20, 2016, 09:28:22 AM
#53
so why do i not get the attention and money thrown at me if i would suggest a price of $5000 per bitcoin once my new whatever is released? it to will solve the scaling problem. i promise. is it because i am not cool enough since i never wasted other peoples money and was never convicted?
my point is the whole idea of bitcoin.
do not trust everybody and educate yourself.
until there are some hard facts i will stay very skeptical. 
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
August 20, 2016, 09:16:31 AM
#52
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.

you speak true words. he has been talking a lot about the price and so on, but how much technical details on how he wants to achieve this do we have?

We have 0 technical details as far as I know, he only has mentioned "bitcache" and microtransactions, and has claimed to solve the block size war problem which is ridiculous to me since we have the best devs working on this, so I doubt he has done it to be honest, but we only can wait and see.

what he has said so far is more like a riddle and needs deciphering to understand. but he didn't say he is going to solve block size problem, he said bitcache is solving the scalability issue which is different i suppose.
hero member
Activity: 756
Merit: 501
August 20, 2016, 09:07:51 AM
#51
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.

you speak true words. he has been talking a lot about the price and so on, but how much technical details on how he wants to achieve this do we have?

We have 0 technical details as far as I know, he only has mentioned "bitcache" and microtransactions, and has claimed to solve the block size war problem which is ridiculous to me since we have the best devs working on this, so I doubt he has done it to be honest, but we only can wait and see.
Im expecting as you more details about the new project he is working on, but one thing is already know he will use bitcoin as currencie soo its already a great new, about the hyip well the costumers will use his new project for sure. About issues from the current blockchain i doubt he has the solution as well.
legendary
Activity: 1610
Merit: 1183
August 20, 2016, 08:51:51 AM
#50
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.

you speak true words. he has been talking a lot about the price and so on, but how much technical details on how he wants to achieve this do we have?

We have 0 technical details as far as I know, he only has mentioned "bitcache" and microtransactions, and has claimed to solve the block size war problem which is ridiculous to me since we have the best devs working on this, so I doubt he has done it to be honest, but we only can wait and see.
sr. member
Activity: 280
Merit: 253
August 20, 2016, 08:22:45 AM
#49
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.

you speak true words. he has been talking a lot about the price and so on, but how much technical details on how he wants to achieve this do we have?
legendary
Activity: 1526
Merit: 1179
August 20, 2016, 05:57:53 AM
#48
Kim Dotcom is full of surprises. I hope he knows what he's doing.
He is too loud with saying that the price will go up insanely high because of his project.

I prefer people to have the term 'Action Speaks Louder Than Words' in their mind when it comes to sharing details about their soon to be launched project.

Believe me, if the price doesn't go up as much as he has been tweeting about, and I'm sure it won't, then people will not take him serious anymore.
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