So this is an unfiltered brain dump.

I met this guy once many years ago who set up in business decades before I met him listening to random radio stations around the world. He is now a fairly rich man.

 

How did he make money from listening to the radio?

The clever little fucker would write to the radio station and demand royalty payments for songs that they had played. He would then send those royalty payments to the music company which owned the rights to the music - or whatever royalty collection system they had going.

If a radio station said they had a system for paying royalties, he would ask for proof and that would be that. But in a lot of cases, people would tell him to go away and that's when he knew he had caught a fish. He would then go after that radio station and ask for payment for lots of different songs going over an extended period of time.

That's it.

Stations would pay up after a long back-n-forth and he would then pass on money and keep some.

The radio stations didn't really need to pay him anything. But they figured it would probably escalate.

What started out as a fairly opportunist business model, turned out to be a clever business move. He now has an expensive ex-wife to maintain, several big houses, a regular hooker, some great cars and several staff. Oh, he also gets invited to celebrity drinks and parties because he is their hero for collecting money from random places all around the world.

So this brain dump: It would be interesting to find a way to facilitate take-down notices on the blockchain. One of the issues with the take down approach at the moment is that it costs rights holders quite a lot of money and it's a logistical nightmare for them.

What if you could create rewards for individuals to issue take-down notices on your behalf and there would be a record of that notice. Valid and accepted notices could then be paid by the rights holders with money being split amongst all those that had issued a valid notice which was accepted  

edit

So the brain dump has been turning into something more tangible and better.

You'll have to wait for something worth waiting for on where that brain fart is going.

The sell wall is looking thin upto 10K.

I can send you over a couple of pizza's, a crate of beer and a fudge cake if you want to send over 10k vtr. Deal?

The risk with every project is huge in this space; this has been discussed several times previously.

A good example is MU2 / Kimdotcom which I also invested in--now it's very unclear whether my holdings are worthless or not. I literally have a piece of paper in my printer showing my holdings in that project that may be worth money, and may not be.

If you don't want to play with risk then invest in normal stocks like Apple, Microsoft and Alphabet.

Better yet don't invest at all.
Better to not get your feet wet.
Better to not be the first person to walk through the door that doesn't exist yet.
Better to not be that guy 7 years ago who bought 2 pizzas for 10,000 BTC.

Looks like hard fork could be 17 March, 6am

Yo dev, does this effect VTR:

(CRITICAL) Incorrect derivation for certain BIP39 keys

https://github.com/iancoleman/bip39/issues/58#issuecomment-281883489

Check the explorer. Likely he is earning some serious coins staking.

Everything in crypto has a very high risk...

A lot of people here seems to be too impatient!

Remember than Dev is here..when I have needed help with my wallet Dev answered me in a few hours!

When all will be ready ( with Riot + torrent support ) vTorrent will have enough technology going on top of coinmarketcap!

We just need time for testing and coding...remember than this is the only one in crypto with this feature, this is not only a copy and paste from other projects.

Waiting for it I'm happy to wait, it's only some more week...and we can buy more cheap!

How did you work that out?

Ok, you don't have to tell your calculation method as that's probably your own secret sauce.

I get ~ March 16 @ 5am

looks like a buy!    this could be the future.

I'm up for kicking off!

So just a reminder that there is a hard fork due at block 1,300,000 but we don't know fully what it will contain. My initial thoughts are it's a simple enough hard fork to just calculate the staking rewards and if you're running the latest client, you probably don't need to do anything.

My guess is that the hard fork will happen on 15 March, around 9am

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WITH BITTORRENT, THE CATS OUT OF THE BAG

When is the alpha coming up in your opinion?

I think you're a bit too emotionally invested here. I actually like that this is a low-key project and the dev isn't hyping a product that doesn't yet exist. I find them pretty consistent in progress and updates. It is what it is. Strong hands will remain because of fundamentals and potential of this project. And until they deliver at least an alpha product, there is no reason for 1MM market cap. Also, I hope you didn't miss the profit opportunity from the recent pump.

Purevidz may seem enticing a first glance, but they are not fully decentralized. As anyone who's followed the Pirate Bay story knows, maintaining a public tracker is a difficult job. There have been domain blockings, prosecutions, lawsuits and hardware confiscations all over the globe.The site endures because of countless volunteers and donations, and the daily cat and mouse game they play with authorities. Once the media legal complex gets wind of Purevidz, the small dev team doesn't stand a chance. Popcorn Time suffered this fate.