Bitcoin Forum

https://pbs.twimg.com/media/DMbcZG1UMAAO3TM.jpg

After looking at the roadmap, they have a product itself and it will the released Q1/2018 (they have TI as co-owner, for the real pump on the media when it goes out) with something like 25,000 titles.

Since they will give like 98% of the "income" right to the film makers, besides this being a HUGE turn out for the small dreamers aka indie producers ignored by Holly/Bollywood, this can add much content and value to the streaming plataform.

We are all looking for good opportunities here, maybe some people here went too much into the HYPE and invested a big amount of money.

But lets do the math...we have FLiK at 0,10 now...1 FLiK for 1 month...if you invest like 100 bucks you will have lifetime subscription + a chance of getting really nice profit...and lets say you used FLiK for a year, some coins spent buying and renting movies, you still can sell the remaining...but you know, 100 bucks for lifetime streaming? Why not.

Intresting!
Where can I buy FLIKs?

Do you have a link to the Homepage or ANN thread?

Its on coinexchange.io. They have a website but its pretty basic

Coinexchange only  :'(

found it for you
https://bitcointalk.org/index.php?topic=2098712.340

Btw, I bought like 400 bucks worth of FLiK, have 3 little brothers, 100 for each of us.

Okay. Netflix is what $10 per month? Meaning to equal that, 1 Flik would need to equal $10. I think it was decided 80 Million odd tokens would survive the burn. So 80,000,000 x $10= $800,000,000. Pretty safe bet at the moment that 1 Flik will remain below $10 or even $5 for a few years.

Pretty much caps subscribers at 80,000,000 though doesn't it? I mean even if there were 10,000,000 subscribers, tokens would be hard to come across some when you take into consideration holders.

Yes, thats true, I agree with you, let say it goes for 3 bucks in a year or so, kinda far from the 5 bucks target...you'd turn 100 bucks into 3000.

Not sure how this makes any sense.... What if each FLIK somehow becomes worth seven to eight dollars. Will they have different versions of the FLIK coin???? Is 1 FLIK going to be one dollar or maybe fifty cents??

THis lets say a few people had 200,000-1000000 flik each. THat significantly reduces the amount of FLIK available to regular consumers.....

It makes no sense.
If they're all the same coin people are going to be paying different amounts for a 1 month subscription.

Read the roadmap you're posting. It's 1 flik for 1 movie rental. So that means you can watch a 100 movies, you won't have a lifetime subscription. Besides, I don't see how they're going to deal with all the movierights in different countries - the biggest challenges that Netflix is facing. No, I don't buy it.

I agree. This is what i was going to write and saw your post. Netflix has lots of issues about that and there is no common movie market for them yet. Different countries and different market size. Besides, i dont believe this “killer” idea. You can’t just kill a billion dollar company with an app.

what flik is trying to do is not just an app but also a website like youtube that accepts credit cards, bitcoin, eth and flik.

the idea is for the benefit of producers.....for consumer angle one thing is certain they are open for crypto users.

I don't think their model will work, because their platform is not attractive enough to this movie makers, because they want exposure for thei project, do they have capital to market their platform successfully to this people , I think no

Did anyone get in on their ICO? How much did 1 FLIK cost then?

It could attract a lot of youtubers. Those who create content get more money while those who watch it have to pay only small amount. The price is not suppose to be comparable with netflix.

I think it was 5 cents. Currently there seems to be a buy wall at 10 cents, the price does not go below that. Might be the bump & dump group that has been messing around with flik since the beginning.

How is flik going to over come 2 big issues
Neflix is so easy...very much easier than opening an Eth wallet
Poeple are dowloading their movies for free. You can download anything with a torrent.

Why pay $4?

Its risky to download with torrent, most people dont do it anymore because you can get fined up to like 30000€. I dont think Flik is suppose to compete with Netflix but with Youtube. Its trying to attract small movie makers and youtubers. Also there is lots more going on in the background that will help to produce the movies more cheaply. Checkout the videos:

http://www.theflik.io/videos.html

One thing Im not sure is how are they going to keep the price at reasonable levels? Its not very nice to pay subscription with Flik if one month it costs 10 cents and another 10 dollars. But I guess thats a general problem with all cryptos.

$4 being expensive for something so non mainstream is what I thought too.. also, why isn't TI more vocal about it? I see him listed as an investor but he's not bringing attention to it.

i don't know much about video content creation and how people make business out of it but i know a person who is not from US that write books that is being sold at amazon...the process of sending checks by amazon to banks outside US takes a long time and amazon will take a cut of about (forgot the exact figures but is more like this) 40-60% of the profit from the book creator..

the more profit for the content creators, the cheaper and better the products will be, more creators will be participating/competing and in time things will get better and better. that's just the way things are.

crypto payments is the future, it is instant, borderless, and secure.

These guys might just pull it off...watching them and watching my investment  :D

I didnt think flix was legit, maybe i have to take a second look at it. This subscription idea with 98% sharing sounds interesting

Cheers

It would make no sense for him to be vocal about it until it's fully functional. Tweeting every now and then won't hurt though.

With 80% of the coins burn, price should easily be $1+.

There are some excellent webseries in youtube that I would be willing to pay for. Like space janitors or the guild. Flik would be perfect for them.

LOL "vocal" reminds me of shitcoin peddlers in coinexchange trollbox...people who want vocal should go there.

Once we see the product then there is definitely potential for it to go up.

The video streaming industry has till now been relatively untouched and i think the dev's idea for a decentralized version of netflix is pretty good. It's definitely not to say that it'll be anything major(in the top 20), but it does serve a pretty good niche imo.

The math is pretty simple on this one.  If they actually release this streaming platform 1 flik will very quickly be worth 1-3 dollars in early 2018 (1 flik will be what is costs to rent a movie).

The roadmap said that in early 2019 1 flik will be a monthly subscription which makes me think they're planning on it being worth $10-15 per share in a little over a year.

The ICO was 5 cents a share.  It's currently about 8 cents a share.  Now would be an excellent time to jump in at 100x+ potential in the next 2 years.

Hmm I am going to look into this coin. PRetty interesting but how are they gonna compete...

Flik update today -Ryan Felton on youtube in Late Night Startup Show : https://www.youtube.com/watch?v=_22t_z2SkqU&feature=youtu.be

Flik twitter update - https://twitter.com/theryanfelton

Wish they'd spend some money and get on more exchanges. Would be good for volume and exposure.

What makes this different from LBRY? This coin didn't do too well even though they have a usable product. Perhaps this industry is not suited for crypto

So...all the hype and this is what - just another scamcoin or a coin abandoned by it's developers or a coin that's still going to do something? Their twitter hasn't updated in a month.