There is a move to sensor the internet, I feelthe UK digital rights bill is a small part of it, by using bull shit copyright infringement as an excuse, only a few weeks back Obama handed over the domain registration system to the UN (bye bye net neutrality): http://www.thepoliticalinsider.com/icann-control-un/Can anyone say, "totalitarian tip toe"?
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Not to rain on the parade but no bankers in Iceland are spending decades in prison, most are spending 3-5 years max, it's when you combine the sentences in total of them all they add up to "decades" which is really deceptive. Also Iceland doesn't exactly have harsh prisons either compared to America.
3 to 5 years is still sets a good president, now all we have to do is arrest the western central banking families, Rothschilds, Roccafella's and the like and jail them, we'd end poverty and stop all wars. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I don't like the "arrest and jail" part. Let's just make the foundation of their wealth disappear. We can do it: make bitcoin big! It's not going to end poverty and stop all wars, but it'll make wars much harder to sell and give the "poor" a more level playing field. At least that's what I believe. Once you realise that these big banking families control our governments and fund both sides of wars, including WW1 and WW2, it makes sense to say arresting and jailing them would end poverty and wars, hell, it's would at the every least make the world more peaceful and equal. I'm a firm believer that crypto will help us achieve "a more level playing field" too, but we also have to stand together as one race and say "enough is enough". Until that time I’m afraid it's business as usual.
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Someone took a 77K dump all over trex's buy wall.
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Not to rain on the parade but no bankers in Iceland are spending decades in prison, most are spending 3-5 years max, it's when you combine the sentences in total of them all they add up to "decades" which is really deceptive. Also Iceland doesn't exactly have harsh prisons either compared to America.
3 to 5 years is still sets a good president, now all we have to do is arrest the western central banking families, Rothschilds, Roccafella's and the like and jail them, we'd end poverty and stop all wars. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Right timing also, M2U alpha release is scheduled for late Jan, our second fork is in Feb, hopefully it will be the big release, so we can get the head start. From the article With over a million raised by investors already, MU2 is currently valued at well over $50 million. While this is still peanuts compared to the multi-billion dollar IPO the original Megaupload was working on, it shows that people have faith in Dotcom and his team.
A value of $50M for M2U. If the VTR system is good then the sky is the limit. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I've been talking about VTR on cryptocopia slack: https://cryptocopia.slack.com/messages/general/There's some decent people that hang there, looks like some of them are trying to buy in, plus there was that article coins101 posted a link to, people are starting to take notice. You should join up ik_do, people seem quite receptive to vTorrent, i'm sure they would love to hear your perspective of the project.
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..
The problem is mostly that 50 cents a pop is great in concept, but in a lot of regions anything under a few dollars is prohitably expensive once you add transaction costs and overheads. Which is where bitcoin vTorrent could come in at some point. ...
The problem here is your pivot point and prism is California biased. Using BitTorrents own mapping of where its users are based: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmQtMelF.png&t=665&c=m37PAKEj7ZWNBw) But viewed from a content creation and distribution point where people live on $1-$2 / day, $0.50 a pop is a big deal. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FgZgHFzt.png&t=665&c=XI7xFHEg8iL6gA) $0.25 for a Bollywood movie watched by 300m people is $75m. Not bad if you're cutting out most of the middlemen and distribution costs and the movie / TV show has already aired through traditional channels. It's really good idea, but the devs remain silent on the matter, so I guess we'll have to wait and see what they release in the coming months.
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Nice find coins, I wasn't aware that there was so many torrent users world wide, from the article: While JoyStream and vTorrent are yet to go live, when they do launch in early 2017 they will be able to immediately tap into 300–500 million existing BitTorrent users, compared to Netflix’s 90 million subscribers.
The potential to reach this existing global market of 300–500 million BitTorrent users has investors salivating at the prospect of backing start-ups that could be the future Netflix or Amazon Video.
This is from torrent freak, it was published in 2012, this is only two torrent clients: https://torrentfreak.com/bittorrent-surges-to-150-million-monthly-users-120109/When the dev finally releases vTorrent, anyone with 100K VTR is gonna be quite wealthy. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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as long as you trust the dev team, all should be good
You can't trust anyone in crypto.. I thought everybody already knows.. So true, I wouldn't say VTR is scammy though. waiting patiently for the torrent to be implemented if dev can make it work, i don't know if holders are starting to doubt the project since the price is moving down again to 900 sat hopefully dev can give good update and the value will sye high to 10k hahaha, good luck dev. Come back just before Christmas time, we might get that long awaited price correction, if not then on the second fork in Feb. If the torrent System is good, then were looking at a value of a few hundred satoshi per coin minimum. Easy dollar each, (even more long term). Don't forget the torrent community is huge, many, many more times people use torrents than crypto. It was the number one internet usage before organisations like the MPAA started lobby governments to censor torrent sites. Don't concern your self with the current price, wait for the big release. I concur. The torrent niche is empty, waiting for us. We have a huge amount of users who are using scammy mirror pages to find torrents every day. And they will love VTorrent. If implemented correcty this will be one of the top ten altcoins, no doubt. We are all gambling here with the capacity of the dev to make the machine work. For me it worth the risk. Just noticed my typo, I meant to say a few hundred thousand satoshi, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) True, we're all gambling, isn't that why we're into crypto? No risk, no reward. I agree, if implemented correctly and working correctly this will be a top 10 easily, most likely higher, due to the fact that of the amount of people that use torrents, they are all looking for a way to bypass censorship, and why not get paid for seeding also. This fixes one of the biggest flaws of torrents, people leeching a file and not seeding (of which I am guilty of). All we got to do is hold as see what the dev delivers, not long now in the grand scheme of things. Hell, I’ve waited nearly two years, the small amount of time left is a walk in the park. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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as long as you trust the dev team, all should be good
You can't trust anyone in crypto.. I thought everybody already knows.. So true, I wouldn't say VTR is scammy though. waiting patiently for the torrent to be implemented if dev can make it work, i don't know if holders are starting to doubt the project since the price is moving down again to 900 sat hopefully dev can give good update and the value will sye high to 10k hahaha, good luck dev. Come back just before Christmas time, we might get that long awaited price correction, if not then on the second fork in Feb. If the torrent System is good, then were looking at a value of a few hundred satoshi per coin minimum. Easy dollar each, (even more long term). Don't forget the torrent community is huge, many, many more times people use torrents than crypto. It was the number one internet usage before organisations like the MPAA started lobby governments to censor torrent sites. Don't concern your self with the current price, wait for the big release.
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as long as you trust the dev team, all should be good
You can't trust anyone in crypto.. I thought everybody already knows.. So true, I wouldn't say VTR is scammy though.
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I'm personally more interested in just seeing torrent functionality added for now, then other parts can be added later.
It would make my year when torrent finally get implemented. I suppose we'll just have to wait and see what gets added functionality wise.
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There are only two exchanges at the moment? Is there any forecast Polo add Zcoin? I do not trust the current two exchanges ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) cryptopia is smaller but very trustworthy exchange. I can't vouch for the other as I have never used them.
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If you are creating a bittorrent integration that has a paid incentive to seed, you might as well include a mechanism to pay rights holders to: 1. Avoid operating a system that could expose users to legal challenges 2. Give individuals a way to compete with Netflix and make the BitTorrent integration a tool discussed in positive terms by the media 3. Open up opportunities for rights holders to distribute content globally with just one seed, making BitTorrent the first place to see new movies legitimately. I get where your coming from, I also think it's a good idea, don't the devs want to produce a system that's similar to limewire or kazaa? i.e. illegal stuff. maybe dev already reviewing this before he launch the final function inside the wallet hope he does. Like Kodi, what users do to add illegal plugins is up to the users. If the devs add the option to pay royalties then the decision not to is an individual one. I guess this is how it goes, not really sure. Maybe the devs could enlighten us as weather on or not this would be something the could build into the system? After all, it would be add legitimacy to torrents if rights holders were paid for their content when they decided to use VTR. vTorrent could cater to legal and illegal content.
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If you are creating a bittorrent integration that has a paid incentive to seed, you might as well include a mechanism to pay rights holders to: 1. Avoid operating a system that could expose users to legal challenges 2. Give individuals a way to compete with Netflix and make the BitTorrent integration a tool discussed in positive terms by the media 3. Open up opportunities for rights holders to distribute content globally with just one seed, making BitTorrent the first place to see new movies legitimately. I get where your coming from, I also think it's a good idea, don't the devs want to produce a system that's similar to limewire or kazaa? i.e. illegal stuff.
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Well lads, on the surface it looks like the fork was successful. Still waiting for mogreen to wake up and confirm before I start celebrating! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well done Mo ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Brit can move forward now, i'll sort bittrex out for us next.
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Looks like we're moving into 1k satoshi territory.
That would give us a whopping marketcap of $70,000. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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If/when the Dev releases that, all those Chinese guys will stand in the queue to buy VTR ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Chinese guys and the rest of the world. btw I fully support the closed source torrent implementation at release. We can open when when the coin get traction. Absolutely, it should be closed source for a minimum of 2 years.
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