Kim Dotcom Mansion: Press conference 2013-01-19 GMT

[ElectricMucus]

Is bitcoin breaking 15$ today a conincidence?

I must say that i have my doubts. Maybe the market is pricing in this already and in case bitcoin will not be supported there will be a crash.

+1

[1714998419]

1714998419

[1714998419]

1714998419

[1714998419]

1714998419

[1714998419]

1714998419

[1714998419]

1714998419

[atomium]

Is bitcoin breaking 15$ today a conincidence?

I must say that i have my doubts. Maybe the market is pricing in this already and in case bitcoin will not be supported there will be a crash.

I don't believe it will take a crash if btc isnt supported, there have been many reasons why the price has increased. In the case that mega does take btc, i believe the price will easily double.

[tvbcof]

Is bitcoin breaking 15$ today a conincidence?

I must say that i have my doubts. Maybe the market is pricing in this already and in case bitcoin will not be supported there will be a crash.

It is very possible.  Likely even.

In order for this to happen though, a certain amount of BTC will have to go on the market.  The trouble is that there has been a fairly steady upward trend for a year now (with some exceptions.)  If this trend continues then anyone who steps off the train with the intent of getting back in at a lower price could easily be left behind.  Most of those who have done so in the last year are probably no longer on the train or took a beating if they are and may not want to re-live the experience.

Put another way: "Do you feel lucky punk?  Well, do ya?"

[loceff13]

I think they could possibly accept bitcoin as a method of payment in the future, however at launch mega will be free for customers.

http://mega.co.nz/#/investors

We have raised sufficient funds to cover the launch, but we would like to provide Mega free of charge for as long as possible. If you would like to be part of the success story, please get in touch.

glassuser - Maybe if bitcoin was the only payment option, but that would be incredibly stupid considering you lose access to say 98%(and that figure is low) of your old customer base not being able to pay with cc etc who have not even heard of bitcoin.

[atomium]

I think they could possibly accept bitcoin as a method of payment in the future, however at launch mega will be free for customers.

http://mega.co.nz/#/investors

We have raised sufficient funds to cover the launch, but we would like to provide Mega free of charge for as long as possible. If you would like to be part of the success story, please get in touch.

glassuser - Maybe if bitcoin was the only payment option, but that would be incredibly stupid considering you lose access to say 98%(and that figure is low) of your old customer base not being able to pay with cc etc who have not even heard of bitcoin.

You're right about that, at least those who want to remain anonymous would def consider bitcoin over fiat.

[Spekulatius]

According to this article in the International Business Times the big press launch at his mansion is not until Sunday 20th

http://www.ibtimes.com/kim-dotcom-launch-mega-secure-follow-megaupload-saturday-1021130

Rather than lay low until the extradition case is resolved, Dotcom will hold a news conference at his $25 million New Zealand home on Saturday, Eastern Standard Time
(Sunday in New Zealand’s time zone.)

fixed

[Narydu]

Well, the site says "crypto" all over it ;-). Perhaps some service provider could ask for bitcoins as payment and /or some investor send bitcoins as investment!

[Technomage]

I don't think that there is any reason for anyone to base Bitcoin market decisions on the new Mega. There has been absolutely 0 indication or even a hint that there will be anything Bitcoin related in that service. Of course I hope the service accepts bitcoins for premium membership etc but there is no expectation on this. Current market activity likely has nothing to do with this, unless it's Kim himself buying bitcoins before the announcement. I'd think he would have done that much earlier though.

[420]

dude.....what if he accepts LTC as payment??

[Fuzzy]

dude.....what if he accepts LTC as payment??

He'll make a killing as he dumps it for BTC

[Lip]

The new megaupload will use the exact same business model as the old one. Maybe they will accept BTC for premium accounts but I doubt that would happen in the near future.

And please don't forget that we already have a nice BTC only service: http://www.coinuploads.com/

[ingrownpocket]

The new megaupload will use the exact same business model as the old one. Maybe they will accept BTC for premium accounts but I doubt that would happen in the near future.

And please don't forget that we already have a nice BTC only service: http://www.coinuploads.com/

First time I hear about coinuploads.com. Seems nice.

[thebaron]

The problem with taking in as much revenue as he would through Bitcoin is cashing it out. Totally impossible today, even if you utilized all the on and off-exchange markets...including Coinabul.

[HostFat]

I don't think that there is any reason for anyone to base Bitcoin market decisions on the new Mega. There has been absolutely 0 indication or even a hint that there will be anything Bitcoin related in that service. Of course I hope the service accepts bitcoins for premium membership etc but there is no expectation on this. Current market activity likely has nothing to do with this, unless it's Kim himself buying bitcoins before the announcement. I'd think he would have done that much earlier though.

If I remember right, he tweeted 1/2 times about Bitcoin ...

[pof]

Early access:
http://www.techcrunch.com/2013/01/18/kim-dotcoms-mega-opens-site-to-early-users-reveals-roadmap-with-mobile-access-office-style-features-and-more/

[hazek]

The problem with taking in as much revenue as he would through Bitcoin is cashing it out. Totally impossible today, even if you utilized all the on and off-exchange markets...including Coinabul.

I don't think that's an accurate assumption. You forget that with the increased demand in order to pay for his service there would likely be an increased volume of trading..

[Spekulatius]

Early access:
http://www.techcrunch.com/2013/01/18/kim-dotcoms-mega-opens-site-to-early-users-reveals-roadmap-with-mobile-access-office-style-features-and-more/

Nothing about Bitcoin or payment options in it, only mentions the price tiers.

[Spekulatius]

What happened yesterday at the ice cream store..

http://www.youtube.com/watch?v=R4_zGo0oLnI&feature=player_embedded

[QuantumKiwi]

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

[hazek]

I will be attending the conference with several staff, We are also considering putting in a few nodes to contribute towards such an interesting project.

Quantum Kiwi - CEO - Logan

Awesome, can't wait to hear what his answer will be if you get the chance to ask him about Bitcoin. Good luck!