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Topic: Megaupload + Bitcoins - page 16. (Read 14079 times)

legendary
Activity: 1218
Merit: 1006
August 18, 2016, 12:26:56 PM
#8
I trust Kim as well as many also trust him and he seem to be really careful about not making a bad reputation so i am sure he will launch his platform in early month next year. I am also quite excited to see how this new cloud storage platform gonna link bitcoin in between the process and how the scability issue of bitcoin transaction will be solved by bitcache.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
August 18, 2016, 12:10:57 PM
#7
Someone people have doubts about his solutions at the moment (I have some doubts myself as well) but I trust the guy so let's just wait and see.
What solutions are you talking about ? He is not solving shit.From what I know,he will solve bitcoin scaling problem by inventing a system called Bitcache.Yes,the file uploads will be charged with micro payments which according to him enforce the use of bitcoins and thereby sky rocket the bitcoin prices.Apparently,they would go up 2k+ after the launch of Bitcache.

Only thing I'm afraid of here is Bitcoin gaining a bad reputation from this whole deal , If Megaupload 2.0 will be successfull like Megaupload 1.0 used to be and then goes down... then a lot of people will point to Bitcoin (mostly the Media)
He is supporting the operation by solving the scalability issues as he puts it!Don't think its bad for bitcoin in any possible way that I'm aware of.You can have a look his tweet,its quite hypothical.

staff
Activity: 3500
Merit: 6152
August 18, 2016, 11:34:00 AM
#6
Some people have doubts about his solutions at the moment (I have some doubts myself as well) but I trust the guy so let's just wait and see.
Only thing I'm afraid of here is Bitcoin gaining a bad reputation from this whole deal , If Megaupload 2.0 will be successfull like Megaupload 1.0 used to be and then goes down... then a lot of people will point to Bitcoin (mostly the Media)
hero member
Activity: 490
Merit: 520
August 18, 2016, 11:31:06 AM
#5
I would stay cautious about this, because Kim Dotcom claims to have solved the scalability issue which is unrealistic and sounds scammy to me. But we will see. He has hyped this a ton and after hyping something so hard, he has to deliver to not damage his reputation, that is what makes me think it can be good.
Assuming he has some inkling of what he's going to be doing and the things he's going to do it's technically feasible, I don't think it will be over-hyped at all. While we do live in a hype culture, there is a relatively decent chance that he might actually follow through with what he's saying, because a relatively decent portion of his inventor/investor reputation might be on the line with this.
legendary
Activity: 1246
Merit: 1000
August 18, 2016, 11:29:02 AM
#4
I would stay cautious about this, because Kim Dotcom claims to have solved the scalability issue which is unrealistic and sounds scammy to me. But we will see. He has hyped this a ton and after hyping something so hard, he has to deliver to not damage his reputation, that is what makes me think it can be good.

Definitely hyped it alot. Hopefully not overhyped though. What path do you think this is going? Torrent uploaders uploading on mega instead and charging like half a dollar worth of bitcoins for a movie?


Would people be willing to pay for something, when it is illegal?
The authorities will start combing bitcoin transactions from megaupload, if something like this does happen.
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
August 18, 2016, 11:21:56 AM
#3
I would stay cautious about this, because Kim Dotcom claims to have solved the scalability issue which is unrealistic and sounds scammy to me. But we will see. He has hyped this a ton and after hyping something so hard, he has to deliver to not damage his reputation, that is what makes me think it can be good.

Definitely hyped it alot. Hopefully not overhyped though. What path do you think this is going? Torrent uploaders uploading on mega instead and charging like half a dollar worth of bitcoins for a movie?
legendary
Activity: 1610
Merit: 1183
August 18, 2016, 08:41:53 AM
#2
I would stay cautious about this, because Kim Dotcom claims to have solved the scalability issue which is unrealistic and sounds scammy to me. But we will see. He has hyped this a ton and after hyping something so hard, he has to deliver to not damage his reputation, that is what makes me think it can be good.
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
August 18, 2016, 08:39:18 AM
#1
"Megaupload 2.0 Will Link File Transfers to Bitcoin Transactions"

Would this really come out like how he want's it to? So.. I think pretty much files would need btc payments i think.

Additional info: https://torrentfreak.com/megaupload-2-0-will-link-file-transfers-bitcoin-transactions-160805/

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