Megaupload + Bitcoins - page 9. | Bitcointalksearch.org

DomainMagnate

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Quote from: greatr on September 08, 2016, 08:36:33 AM

Quote from: Betwrong on September 08, 2016, 02:55:13 AM

Quote from: c4s7or on September 08, 2016, 02:44:35 AM

Quote from: a7mos on September 07, 2016, 10:22:40 PM

I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

He says that he has the solution how to use bitcoin for micro payments. But as far as I know he has not explained anything about it yet.

Bitcoin indeed is a very good tool to use for micro payments. I think if done right then both will win: his service and Bitcoin. It's always a pleasure to see that Bitcoin is going to be used for a big project because this will definitely raise the demand for coins.

you are right, in my opinion it is a really great currency that everyone should be using, in my opinion bitcoins are going to be big with megaupload

If megaupload start accepting bitcoin,it will make bitcoin more popular and there is doubt about it

Senor.Bla

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Quote from: Milkduds on September 16, 2016, 03:27:51 PM

All I have really read about Kim Dotcom lately is the beef with Macafee,would like to see more promotion on this idea,instead of reading the spat between them.
Think this will potentially get Kim int trouble but it could create spin offs that would be harder to crack down on for a short amount of time. Enough time to get people interested in bitcoin and learn how to navigate it,so it should be a good look if it does not get taken down with his project.

please read about him and his past. he is not some kind of savior. also i fear that his system will not have much to do with the real bitcoin. i bet many people using his service will not even know what a private key is let alone own them.

calkob

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I love the sound of this and it could be a killer app, i am also pretty sure that dotcom is actually Dr Kimoto inventor of the gravity well. Wink

Milkduds

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All I have really read about Kim Dotcom lately is the beef with Macafee,would like to see more promotion on this idea,instead of reading the spat between them.
Think this will potentially get Kim int trouble but it could create spin offs that would be harder to crack down on for a short amount of time. Enough time to get people interested in bitcoin and learn how to navigate it,so it should be a good look if it does not get taken down with his project.

ironm@n

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This will be something interesting to watch. The next year will be different from any other for btc, other cryptos and blockchain apps in general, that are about to come.

greatr

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Quote from: Betwrong on September 08, 2016, 02:55:13 AM

Quote from: c4s7or on September 08, 2016, 02:44:35 AM

Quote from: a7mos on September 07, 2016, 10:22:40 PM

I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

He says that he has the solution how to use bitcoin for micro payments. But as far as I know he has not explained anything about it yet.

Bitcoin indeed is a very good tool to use for micro payments. I think if done right then both will win: his service and Bitcoin. It's always a pleasure to see that Bitcoin is going to be used for a big project because this will definitely raise the demand for coins.

you are right, in my opinion it is a really great currency that everyone should be using, in my opinion bitcoins are going to be big with megaupload

lite

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Quote from: a7mos on September 07, 2016, 10:22:40 PM

I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

I don't think kim will be doing that, it might be something like this when you've earned like 0.01 btc you'll be able to withdraw.

Betwrong

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Quote from: c4s7or on September 08, 2016, 02:44:35 AM

Quote from: a7mos on September 07, 2016, 10:22:40 PM

I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

He says that he has the solution how to use bitcoin for micro payments. But as far as I know he has not explained anything about it yet.

Bitcoin indeed is a very good tool to use for micro payments. I think if done right then both will win: his service and Bitcoin. It's always a pleasure to see that Bitcoin is going to be used for a big project because this will definitely raise the demand for coins.

c4s7or

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Activity: 535

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Quote from: a7mos on September 07, 2016, 10:22:40 PM

I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

He says that he has the solution how to use bitcoin for micro payments. But as far as I know he has not explained anything about it yet.

pooya87

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Quote from: Senor.Bla on September 08, 2016, 01:10:41 AM

Quote from: MyBTT on September 07, 2016, 05:24:27 PM

Quote from: Sergiorr101 on September 07, 2016, 05:19:21 PM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Quote from: LoyceV on September 05, 2016, 03:14:23 PM

Why would uploading get you referral commission? That can only happen if someone pays to download, but if even Kim Dotcom doesn't know what files you upload, how can someone choose to download it?

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

thats true, i think that it is how it works, i hope that it will boost the bitcoins a lot in the near future, also i really like megaupload so its double benefit for me

Not totally true, but close enough. With each download, the file sharer gets paid their reward for the distribution of the file.

Megaupload should be a big success, however it could be like OpenBazaar, just launch quietly.

and my reward depends on what? number of downloads or size or how does it work? if it is just the number, than i will download my own text file 1 million times a day or maybe one big one a couple of times if it is the other option.

maybe he knows something that i don't know but from what i have read so far it is clear he is making a speculation about how the system is going to work. because kim dot com has not yet released detailed information about how it will be like.

Senor.Bla

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Quote from: MyBTT on September 07, 2016, 05:24:27 PM

Quote from: Sergiorr101 on September 07, 2016, 05:19:21 PM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Quote from: LoyceV on September 05, 2016, 03:14:23 PM

Why would uploading get you referral commission? That can only happen if someone pays to download, but if even Kim Dotcom doesn't know what files you upload, how can someone choose to download it?

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

thats true, i think that it is how it works, i hope that it will boost the bitcoins a lot in the near future, also i really like megaupload so its double benefit for me

Not totally true, but close enough. With each download, the file sharer gets paid their reward for the distribution of the file.

Megaupload should be a big success, however it could be like OpenBazaar, just launch quietly.

and my reward depends on what? number of downloads or size or how does it work? if it is just the number, than i will download my own text file 1 million times a day or maybe one big one a couple of times if it is the other option.

Snorek

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Quote from: p_linz on September 06, 2016, 01:54:55 AM

Quote from: LoyceV on September 06, 2016, 01:32:23 AM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

If loads of people download it, the entertainment industry can find the link too. Then, they'll know the encrypted content is their movie, and lawsuits start.

by entertainment industry you mean Hollywood? wouldn't they need to download the file first to make sure it is their film? and wouldn't that be illegal and they couldn't use it in court?

I don't think that would be illegal if they check online cloud storage for source of pirated content which is rightfully theirs to begin with.
And as long as I remember in some countries there is law that allow you to download anything to 'test' it but you have to delete files within 24h.

a7mos

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I do not understand how this will work ? will he spam the bitcoin network with tons of micro transactions for his site benefit ? and will the users pay for downloading or he will Cheesy

MyBTT

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Quote from: Sergiorr101 on September 07, 2016, 05:19:21 PM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Quote from: LoyceV on September 05, 2016, 03:14:23 PM

Why would uploading get you referral commission? That can only happen if someone pays to download, but if even Kim Dotcom doesn't know what files you upload, how can someone choose to download it?

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

thats true, i think that it is how it works, i hope that it will boost the bitcoins a lot in the near future, also i really like megaupload so its double benefit for me

Not totally true, but close enough. With each download, the file sharer gets paid their reward for the distribution of the file.

Megaupload should be a big success, however it could be like OpenBazaar, just launch quietly.

Sergiorr101

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Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Quote from: LoyceV on September 05, 2016, 03:14:23 PM

Why would uploading get you referral commission? That can only happen if someone pays to download, but if even Kim Dotcom doesn't know what files you upload, how can someone choose to download it?

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

thats true, i think that it is how it works, i hope that it will boost the bitcoins a lot in the near future, also i really like megaupload so its double benefit for me

pereira4

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From what I have researched, Kim Dotcom intends to create a sort of affiliate program so pay people that use the service. This affiliate program will function with bitcoin micro-transactions... I still dont fully get it.

azguard

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Quote from: p_linz on September 06, 2016, 01:54:55 AM

Quote from: LoyceV on September 06, 2016, 01:32:23 AM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

If loads of people download it, the entertainment industry can find the link too. Then, they'll know the encrypted content is their movie, and lawsuits start.

by entertainment industry you mean Hollywood? wouldn't they need to download the file first to make sure it is their film? and wouldn't that be illegal and they couldn't use it in court?

technically correct but if i recall correctly every state in USA has his own law about this with may be good opportunity for that also that is not good for court if they download it

useless4

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Quote from: Conus on September 05, 2016, 04:41:32 PM

I am thinking this will become something useful here in the future if it is done correctly. As another person said, this is his reputation online, so I am thinking he is going to do something good here, but you never know.

of course it will be really useful in my opinion and i think that this will make us some decent profit if we hold our bitcoins because it is going to become bigger

Dudeperfect

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That’s going to be an interesting as well as an important project in the journey of bitcoin. I am little bit worried because we have seen the past record of concerned founder of this service and his association with bitcoin will defiantly affect the perception of many observers.

Let’s hope we will not face any trouble with such services on goodwill point of view, we must prevent it from being criminal’s currencies. Although he has predicted bit coin to $2,000 after his project launch.

p_linz

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Quote from: LoyceV on September 06, 2016, 01:32:23 AM

Quote from: gentlemand on September 05, 2016, 04:55:03 PM

Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.

If loads of people download it, the entertainment industry can find the link too. Then, they'll know the encrypted content is their movie, and lawsuits start.

by entertainment industry you mean Hollywood? wouldn't they need to download the file first to make sure it is their film? and wouldn't that be illegal and they couldn't use it in court?

Topic: Megaupload + Bitcoins - page 9. (Read 14053 times)