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Author Topic: Kim Dotcom Mansion: Press conference 2013-01-19 GMT  (Read 20306 times)
ElectricMucus
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January 17, 2013, 08:23:05 PM
 #41

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.

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January 17, 2013, 08:37:26 PM
 #42

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.

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January 17, 2013, 08:38:39 PM
 #43

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?"


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January 17, 2013, 11:41:44 PM
 #44

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

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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.
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January 17, 2013, 11:53:19 PM
 #45

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

Quote
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.

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January 18, 2013, 01:22:33 AM
 #46

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

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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
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January 18, 2013, 05:02:04 AM
 #47

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!

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January 18, 2013, 05:58:42 AM
 #48

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.

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January 18, 2013, 06:14:18 AM
 #49

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

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January 18, 2013, 06:23:08 AM
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dude.....what if he accepts LTC as payment??

He'll make a killing as he dumps it for BTC
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January 18, 2013, 04:06:16 PM
 #51

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/

CoinUploads.com (http://bit.ly/VwtCjp)  - File storage and sharing for Bitcoin. No registration needed. (Looking for partners to monetize the service.)
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January 18, 2013, 04:22:08 PM
 #52

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.
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January 18, 2013, 04:26:27 PM
 #53

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.
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January 18, 2013, 04:27:02 PM
 #54

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 ...

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January 18, 2013, 04:34:25 PM
 #55

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/

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January 18, 2013, 04:51:02 PM
 #56

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..

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

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January 18, 2013, 05:39:35 PM
 #57


Nothing about Bitcoin or payment options in it, only mentions the price tiers.
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January 18, 2013, 05:45:59 PM
 #58

What happened yesterday at the ice cream store..

http://www.youtube.com/watch?v=R4_zGo0oLnI&feature=player_embedded
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January 18, 2013, 06:23:30 PM
 #59

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.

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January 18, 2013, 06:35:19 PM
 #60

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!

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

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