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Topic: The Greatest Bitcoin Invention Ever! (updated) - page 2. (Read 1577 times)

legendary
Activity: 1176
Merit: 1017
I heard a conversation on http://www.bitcointalkradio.com that described some projects that were in development that are similar to your idea; however, their system would have the viewer pay for the content of the video and then be allowed to post their comments.  The value of the comments would give review for the content; thereby, increasing the revenue of the content for good reviews or decreasing the value of the content for bad reviews.  If the content generated a large comment stream, then it would be more likely to be worth your two cents....right?
legendary
Activity: 1904
Merit: 1074
In this way you discourage people to talk on a free platform. You would also push away or exclude the poor or financially challenged people with great ideas and comments.

I would rather implement something where people with high quality comments get tipped by the owner of the site, funded from advertising income. The AD spammers, could

just be IP banned automatically.  Roll Eyes

 
legendary
Activity: 1134
Merit: 1000
I just had the greatest idea ever. I heard the phrase, "I'll give you my two cents." and thought, "how could that be applied to bitcoin?"

And the idea that hit me was a way to simultaneously monetize a video sharing site like youtube and also at the same time clean up it's comment section:

Make it cost a nominal amount of bitcoin to comment on a video! The proceeds go to the video producer! (maybe a small cut to the owner of the site) What a superior way to monetize than annoying advertisements!

Also, in order to give you two cents, you literally gotta pay up two cents! Do you agree it's the best idea you've ever heard in your entire life or what??

Maybe you think that this idea is the greatest bitcoin invention ever but me seems that it is not even an big idea (sorry for that and for being direct and sincere). Normally is paid they who give comments about something and not the contrary. The author of something need comments for him's "product" to have feedback about its creation in order to understand how much its work is understand or liked by the people. Every work has success if is liked by the people and every work of every creator want this or have this as a principal aim. Then, if liked, are the people itself who want to own or give appreciation (including the monetary one). You want to compel their who comment to give money in order to have the right to comment. The most normal thing which most of the people who will see the video (after seeing your obligation to pay for one comment make) can be: this guy want my money and not my comment. So lets find another stupid to do this. And will be not at all comments. Or much few likened with the situation when the comment would be free and it will be asked kindly some satoshi as a contribution for the artist. Like it is actually in such occasions.

Sorry if I don't liked you idea but this is my thought.  Wink
sr. member
Activity: 266
Merit: 250
I think more would be willing to spend two cents to remove an ad

Haha, yea....absolutely true. Fill in any really annoying marketing gimmick and you'll find people that will pay to not have to deal with it. What about paying to not get all the trash marketing mail in my physical mail box? What about paying to not get all the trash marketing mail in my email inbox?

More to your original idea, i'd pay money to only see the content I want (rather than having to sift through a bunch of garbage I don't want.)
full member
Activity: 126
Merit: 100
then your 2 cent turn into 5 cent because min 10k satoshi transaction fee Smiley
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
IMHO its not really a great idea if I got it correctly... So you want to create a YouTube like website that pays the producer of the video upon a comment recieved on their respective video plus they should pay upfront two cents just so their eligible for the earning and to add to that, no advertisment shown? .... thats a big NO for me...what if no one comments therefore no earning at all for their effort
full member
Activity: 328
Merit: 100
I think more would be willing to spend two cents to remove an ad
sr. member
Activity: 266
Merit: 250
The answer to your first question: How does my two cents apply to bitcoin, divide two cents (0.02) into the current price of bitcoin and you have your answer...today it's BTC0.00006341. That's the equivalent of $0.02 in bitcoin.

As for your real question the premise sounds very cool. The problem I see is what would compel someone to pay to comment on a video (or any type of art). Not that people wouldn't want to comment, but why would they want to so much they'd be willing to pay "two cents" for it?

Perhaps the answer is found in my first response, BTC0.00006341 isn't that much money.
full member
Activity: 322
Merit: 115
We Are The New Wealthy Elite, Gentlemen
(UPDATE: Would this apply to LBRY??? I think LBRY needs a better payment system for content creators... why didn't they copy steemit??)



I just had the greatest idea ever. I heard the phrase, "I'll give you my two cents." and thought, "how could that be applied to bitcoin?"

And the idea that hit me was a way to simultaneously monetize a video sharing site like youtube and also at the same time clean up it's comment section:

Make it cost a nominal amount of bitcoin to comment on a video! The proceeds go to the video producer! (maybe a small cut to the owner of the site) What a superior way to monetize than annoying advertisements!

Also, in order to give you two cents, you literally gotta pay up two cents! Do you agree it's the best idea you've ever heard in your entire life or what??
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