Kim Dotcom Predict 2000$ per Bitcoin ??!!

[OmegaStarScream]

A bunch of tweets he made in the last few hours :

[1715168910]

1715168910

[X-ray]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

[OmegaStarScream]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I didn't understand the Bitcache part though , what is it exactly ?

[X-ray]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I didn't understand the Bitcache part though , what is it exactly ?

from his tweet, it's kind of cloud storage just like megaupload but will be synced with bitcoin,don't know the specific details but it's sure will be such an interesting things coming out on 2017

[ethereumhunter]

it could be happen while there is a long journey while it reach in $2000. maybe what Kim predict will be right in future, better watch on the market for real and buy when you want to buy while its down rate for now.

[DashTron]

I am wondering how long it will take until megaupload#2 will experience the same fate as megaupload#1.

[trafficolaa]

It's interesting to see some positive tweets about bitcoin after a bad news from bitfinex, but nobody knows when it will get recover first to gain that level where it was before of that hack, I also pretty sure bitcoin will surpass $2000 easily but how long it take that is confusing for me.

[NorrisK]

Let's just hope that the bitcache is something like a sidechain because hundreds of millions of uploads using micro transactions will completely destroy the bitcoin network in its current form..

To me it sounds like you purchase a plan, say 0.1 bitcoin, after which you pay like 100 satoshi for every upload you make. Instead of fixed rates you you pay for what you upload.

Could be interesting, especially considering the increasing price of cloud storage. Let's just hope he gets this of the ground. Atleast bitcoin will ensure he gets his money this time around.

[sandaq]

so I guess you all know what is really happening here. Kim dotcom bought enough bitcoins to accomadate his new bitcache venture and now he wants the price to rise. It's as simlpe as that. No sight seeing, no voodoo play, no logical explanation, simple speaking from his own position kind of prediction.

[Golftech]

that's a good news if he can manage this without a problem it will be another edge of bitcoin users, if this project will turn to a success bitcoin price will surely double as we know how popular this person was, just be extra careful because of a bad reputation but doing it in the right manner i see big possibility to achieved. lets all wait and see.

[eternalgloom]

He has almost 500k Twitter followers, so wether or not his new idea succeeds, it's very good publicity
No guarantee of course that anyone would use his service, because of what happened with Megaupload..

[Nahl]

i have no reason to trust person with 500k followers such as him because honestly this is first time i heard about him and i don't know him too much and for me he just speculate for the prices but i'm glad if his predictions become true even i personally will not trust him 100%

[RoommateAgreement]

He has almost 500k Twitter followers, so wether or not his new idea succeeds, it's very good publicity
No guarantee of course that anyone would use his service, because of what happened with Megaupload..

yeah it is always good to see good publicity like this instead of all that negativity that the media is spreading all around about bitcoin.
and i agree that there is a breakout coming and yout should make sure to get in on board before it happens because when the price goes up it will be quick.

[Snorek]

Of cores it is wise to not trust him completely, but I think he got a really strong cards in his hand. And his predictions/expectations are not totally groundless.
$2000 might be a little too much, but 1000 after release of Bitcache is pretty much possible scenario. And I totally agree: BUY NOW while bitcoin is cheap!

[LordCoder]

He must have several Bitcoins, and probably he's trying to convince people to buy so that way price increases. I know it's such a difficult task, due to the low probability of any high investor following his tip, but who knows. Sometimes he just tweets stupid shit.

[1Referee]

I like his optimism, but the reality will be completely different. And beside that, he is not the first well known person to come up with predictions that don't turn out to become reality. By far not.

[onlinedragon]

Of cores it is wise to not trust him completely, but I think he got a really strong cards in his hand. And his predictions/expectations are not totally groundless.
$2000 might be a little too much, but 1000 after release of Bitcache is pretty much possible scenario. And I totally agree: BUY NOW while cheap.

Offcourse not trust him completely but atleast he have the experience, funds and knowledge to come with a great new service. Atleast this news what he Twitter around the world is give some more attention to Bitcoin. Something to keep a close eye on this can be really interesting.

[zodin]

It's interesting to see some positive tweets about bitcoin after a bad news from bitfinex, but nobody knows when it will get recover first to gain that level where it was before of that hack, I also pretty sure bitcoin will surpass $2000 easily but how long it take that is confusing for me.

i think the people have regain their trust on bitcoin and that is the reason that the price of bitcoin is now started increasing and hope that with in few days it will really reach to its previous position, and the prediction about bitcoin by km Dotcom is really helpful for bitcoin, hope that very soon the prediction of kim will be prove, 

[LFC_Bitcoin]

Meh it's good speculation but he's come out with stuff before & been wrong so I wouldn't build up too much hope based on his tweets today.

[Jimbola3]

Meh it's good speculation but he's come out with stuff before & been wrong so I wouldn't build up too much hope based on his tweets today.

yeah seeing all investors joining bitcoin is well for it to make such speculation worth, and $2000 is pretty to reach soon by next year as i have seen many tweets and news about its price prediction by many market researches !

[thejaytiesto]

2000$ in the long term is nothing. Bitcoin will go to 1+ million dollars per coin in the long run. In any case, Kim Dotcom has anounced that he is creating a way to store files in the blockchain with microtransactions. So once Lightning Network is ready I predict a massive FOMO by people that aren't still holding any bitcoins.

[Wind_FURY]

A bunch of tweets he made in the last few hours :

He is planning to use bitcoin so it is natural for him to hype his project. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

[2dogs]

Good for Kim Dotcom!
He is a proven visionary and entrepreneur - we should wish him luck - no, support his BTC venture.

[Jeremycoin]

Bitcache? never heard of it before. But if it can raise the price up, then it must be good.

[okae]

Good for Kim Dotcom!

haha, agree, those kind of people who are really interested on bitcoin and want to use it ( and not change it) should be always welcome, and this guy Kim Dotcom seems to be one of them. there is not so much details about what he is going to do, but looks interesting, if he can integrate bitcoin into his platform, lot of new guys will start to use bitcoin, so... welcome!

[xJuturna]

I wouldn't read too much into this, pure speculation. I'd put money on the fact that his tweet was made specifically for reaction / publicity purposes... but then again this is me speculating on his speculation. 

[p_linz]

well it is just a prediction. anyone can make these.
if he wants to use btc he most likely owns some and will buy more. sure he wants the price to raise

[mk3000]

he's been telling people to buy bitcoin for a long time now. I guess he regrets not doing it himself before they seized all of his money 

[gentlemand]

He's certainly an interesting fella but let us not forget that self promotion appears to be his number one hobby. I'm sure it'll get there with or without him but let's see what he has to offer. I'm open to having my mind blown.

[Senor.Bla]

He's certainly an interesting fella but let us not forget that self promotion appears to be his number one hobby. I'm sure it'll get there with or without him but let's see what he has to offer. I'm open to having my mind blown.

interesting maybe, since he did a lot so far. but rarely good. many people had to suffer because of him.
he will always look out for his own interest first. at any cost. so we will see if that is a good thing.
but maybe it will give bitcoin some momentum since his new "service" might bring some new people to bitcoin.
talking and self promotion are his hobbies so expect a lot more of that.

[hawkins]

I hope it really happens, well, if it happens I think it is beyond prediction all the people who are here. $ 2,000 price too fast occurred in 2017 in the month of January. if it really happens everyone in this world would probably seek bitcoin, it may even be very many new members who join in this forum. I think will be very big impact happens if bitcoin prices actually rose to $ 2,000 at the beginning of the year

[Divinespark]

You probably won't lose any money if you buy here and now, but you shouldn't base the decision on pump tweets issued from a pseudonymous crypto handle

[pereira4]

Well megaupload was as mainstream as it gets. Now mega is also really mainstream. If he creates a service that incentivize people to upload stuff with bitcoin payments it will be huge and it can indeed launch bitcoin to the next level. I cant wait for January to see what he has planned.

[Whosdaddy]

I do not really know if this is possible.
Assuming that every uploader receives bitcoin for every download their file gets, it means a transaction so every download is equivalent to transaction. The network would be loaded with so much transaction if this were to happen.

[takingthis4]

Bitcache? never heard of it before. But if it can raise the price up, then it must be good.

well i guess it can, i hope that the prediction is going to come out as true, in this way i would make some good money out of the investment i have

[samcoin]

I hope his predictions come true , I think what happened to Bitfinex recently won't affect Bitcoin price on the long term , because many similar events happened in the past , but Bitcoin price managed to recover after that , if you asked me , I agree with Kim Doctom , why not ? we still believe in Bitcoin and in its bright future .

[Kprawn]

Do we want Bitcoin to be associated with a platform that distributes copyrighted material and now adds monetization features? These file-sharing sites are very controversial and it would create more

negative publicity for Bitcoin. I do not know if we can scale to allow for micro payment on such a small scale... A off-chain solution would be a better solution for this, but these off-chain solutions are

all centralized and can be shutdown at any moment. So we have a real problem with this, if it happens. 

[Amph]

i think it's just a way for him to instigate a panic buy after what happened to bitcoin, he want to speed up the recovery process...

[OmegaStarScream]

I'm not sure how skilled the members out here are but Kim Dotcom just tweeted again and he is looking for database & security experts , cryptographers and also some coders, he is asking people to send their CVs so In case you are interested you may want to contact him.

[KonceptCars]

I like the ambition of Megaupload 2.0. If there were more large scale projects promoted in this way, then $2000 in the short term is reasonable. Headlines are half of the battle and it looks like a lot of people follow on Twitter which is inherently a tech savvy demographic. I'd give an "A" for effort.

[davis196]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I agree,but 2000$ per bitcoin is way too optimistic,i think it`s impossible.

I still don`t know what is this bitcache?

Can someone explain it to me?

[OmegaStarScream]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I agree,but 2000$ per bitcoin is way too optimistic,i think it`s impossible.

I still don`t know what is this bitcache?

Can someone explain it to me?

Kim Dotcomm tweeted this article from Cointelegraph so I assume they are correct

Dotcom is coining a term within Megaupload 2.0 called Bitcache, a potential Bitcoin wallet for your Megaupload account.

[Tyrantt]

I'm not really that optimistic about predictions like this. I mean, it would be perfect if it was so but 2k$ is kind of high, since the last highest price was around 1.1k$, but why not, it wouldn't hurt at all

[sumit513]

I read an article online where is predicted that in 2028 the price will be $300,000 per bitcoin

[OmegaStarScream]

I read an article online where is predicted that in 2028 the price will be $300,000 per bitcoin

It could be , as we are going to see several halving block reward in the next few years.

[starmman]

Everything I read from Kim DotCom makes me laugh (I'm assumed he was in prison, obviously not), and I usually take what I read with a pinch pf salt. He has a lot of followers but also a lot of haters, so positive and negative news at the same time. I think that his news and development will certainly to a positive swing in the price. I can't see it hitting $2k but it would be great if it did.

[bitkilo]

I have always been interested in Kim's project and predictions so this is something i will remember to keep an eye on.

[bjman]

These predictions are interesting to read, but I would feel really sorry for anyone that actually acts on them.

[calkob]

Does anyone else think that it was Kim Dotcom who created the Kimoto gravity well which worked great for Megacoin?  like the names are very similer.  The guy seems to be a programming genius     

[btckold24]

I dont see any reason we shouldnt get to 2000 but think its going to take a little longer than most people think but good to see others
as optimistic as i am

[Herbert2020]

this new thing with the megaupload can potentially help bitcoin adoption a lot because there are a lot of uploaders there and they are going to love how bitcoin works so in time the price can potentially grow a lot even to $2000 and i have to agree with it.

[Dudeperfect]

Although it’s going to be in favor of bitcoin I still have natural opinion about this project. Initially it seems that a big hoss is joining bitcoin community but we shouldn’t forget his past. If he is going to do something with bitcoin, world will see our community through kind of negative perspective which in my opinion is not so good. We can’t refrain anyone from participating but we should have some solutions for this issue (of misusing bitcoin).

[drwtsn32]

You know, a popular guy in the net predicts a rise. A lot of people follows.
People will buy. Then of course, the price will rise.
It's a strategy.

[nydiacaskey01]

I think he also made a prediction before about Bitcoin but it did not materialize, not sure what it is but it was before halving. There's a lot of Nostradamus wannabe's out there who thinks they can predict the future of Bitcoin but failed.

[Barbut]

This is very optimistic prediction, and guy looks pretty confident. I don't know is it possible for btc to grow so fast, 2017 is around the corner, this would be amazing jump. But I agree with him that btc is cheap now, price will go up and it's still good time for buying. One day we will hit 2000 $, its big question how much time we will need to wait for that to happen.

[iqlimasyadiqa]

This is something that might happen. I am sure because there is nothing that can not be. bitcoin could reach USD2000 + ,  but I can not be sure when it happened. hopefully it can be immediately realized. we're all waiting.

[gentlemand]

This is very optimistic prediction, and guy looks pretty confident. I don't know is it possible for btc to grow so fast, 2017 is around the corner, this would be amazing jump. But I agree with him that btc is cheap now, price will go up and it's still good time for buying. One day we will hit 2000 $, its big question how much time we will need to wait for that to happen.

What's with the lack of ambition here? Share prices experience this type of explosion at similar market caps and no one believed it was impossible. It just needs some proper demand. Where, when and why it arrives is the big question.

[randy8777]

This is something that might happen. I am sure because there is nothing that can not be. bitcoin could reach USD2000 + ,  but I can not be sure when it happened. hopefully it can be immediately realized. we're all waiting.

i am quite sure that it is possible for the price to reach the $2000 price level at some point in the future, but definitely not in 2017. maybe with more wealthy people adopting bitcoin we can get to see the price reach $2000 by the time the next block halving will happen in 2020. but then again, first obstacle is the $1000 price level. i can't wait for the day to see 4 digit prices again.

[danherbias07]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I didn't understand the Bitcache part though , what is it exactly ?

Bit then ache. After tou believe him then a headache will come.  i too dont understand a thing. There is no fact on that speculation or prediction no real proofs so it will depend on the reader if he wants to believe.

[ashapasa]

Bitcoin coin will rise up regardless.

[Sir Alpha_goy]

In case you all forgot...

https://en.wikipedia.org/wiki/Kim_Dotcom

In 1994 he received a two-year suspended sentence for computer fraud and data espionage because he was underage, and received a similar sentence in 2003 for insider trading and embezzlement.[12]

Dotcom was the founder of now-defunct file hosting service Megaupload[12][13] but has subsequently been accused of criminal copyright infringement and a host of other charges, such as money laundering, racketeering and wire fraud, by the U.S. Department of Justice.[14] In January 2012, the New Zealand Police raided his home in Auckland and placed him in custody in response to the US charges. Dotcom was accused of costing the entertainment industry $500 million through unlicensed content uploaded to Megaupload which had 150 million registered users.[15] Dotcom has denied the charges, and is currently fighting attempts to extradite him to the United States.[16]

[OmegaStarScream]

In case you all forgot...

https://en.wikipedia.org/wiki/Kim_Dotcom

In 1994 he received a two-year suspended sentence for computer fraud and data espionage because he was underage, and received a similar sentence in 2003 for insider trading and embezzlement.[12]

Dotcom was the founder of now-defunct file hosting service Megaupload[12][13] but has subsequently been accused of criminal copyright infringement and a host of other charges, such as money laundering, racketeering and wire fraud, by the U.S. Department of Justice.[14] In January 2012, the New Zealand Police raided his home in Auckland and placed him in custody in response to the US charges. Dotcom was accused of costing the entertainment industry $500 million through unlicensed content uploaded to Megaupload which had 150 million registered users.[15] Dotcom has denied the charges, and is currently fighting attempts to extradite him to the United States.[16]

I wouldn't judge him based on his previous actions personally.

[gentlemand]

I wouldn't judge him based on his previous actions personally.

Really? In my experience people don't change. I suppose what has changed for him is that he's amassed a fortune, off the back of raping copyright holders, so no longer needs to defraud people directly.

I assume he'd still be contentedly doing that if he hadn't hit the jackpot.

[DoomDumas]

lmao, he forgot a 0..

it's more like 20k

[Sir Alpha_goy]

In case you all forgot...

https://en.wikipedia.org/wiki/Kim_Dotcom

In 1994 he received a two-year suspended sentence for computer fraud and data espionage because he was underage, and received a similar sentence in 2003 for insider trading and embezzlement.[12]

Dotcom was the founder of now-defunct file hosting service Megaupload[12][13] but has subsequently been accused of criminal copyright infringement and a host of other charges, such as money laundering, racketeering and wire fraud, by the U.S. Department of Justice.[14] In January 2012, the New Zealand Police raided his home in Auckland and placed him in custody in response to the US charges. Dotcom was accused of costing the entertainment industry $500 million through unlicensed content uploaded to Megaupload which had 150 million registered users.[15] Dotcom has denied the charges, and is currently fighting attempts to extradite him to the United States.[16]

I wouldn't judge him based on his previous actions personally.

LOL

BTC is just about a cesspool.

From begging centralized banking to accept you to waiting for a confirmed criminal to end a Bitcoin "civil war".

It just never stops.

You were given something that was to enable you to be your own independent bank and you successfully outsourced that power to entities that will continue to screw you over again and again and again.......

[lumeire]

I suppose it's a competitor for Storj? Fair competition is always good for any environment. I don't see how the price would spike up to $2000 by that alone though.

[calkob]

In case you all forgot...

https://en.wikipedia.org/wiki/Kim_Dotcom

In 1994 he received a two-year suspended sentence for computer fraud and data espionage because he was underage, and received a similar sentence in 2003 for insider trading and embezzlement.[12]

Dotcom was the founder of now-defunct file hosting service Megaupload[12][13] but has subsequently been accused of criminal copyright infringement and a host of other charges, such as money laundering, racketeering and wire fraud, by the U.S. Department of Justice.[14] In January 2012, the New Zealand Police raided his home in Auckland and placed him in custody in response to the US charges. Dotcom was accused of costing the entertainment industry $500 million through unlicensed content uploaded to Megaupload which had 150 million registered users.[15] Dotcom has denied the charges, and is currently fighting attempts to extradite him to the United States.[16]

So what at most stages in history those who stood up to the establishment were considered Criminals "Washington, Gandhi, Mandela"  now ok Dotcom is not on the level off these guys but my point is, the ruling elite will paint anyone with a black brush who tries to change the way things are done.  TBH i am surprised he is still alive, he should get his Bitcache out ASAP.

[gentlemand]

So what at most stages in history those who stood up to the establishment were considered Criminals "Washington, Gandhi, Mandela"  now ok Dotcom is not on the level off these guys but my point is, the ruling elite will paint anyone with a black brush who tries to change the way things are done.  TBH i am surprised he is still alive, he should get his Bitcache out ASAP.

So I guess I'm a statist bootlicker then because he sounds like a straightforward criminal to me. I don't think there'll be statues of him in the decades to come, apart from the ones he himself paid for. And I'm not talking about the file sharing bit.

[avikz]

It is too good to be true! I will be very happy if it happens. But I don't see any stimulus in the market which make me think that bitcoin will reach 2000+ usd. Yes, it may happen in 5 year time but not for now.

It seems like he is just promoting a new product of mega upload. Money talks attracts people easily that's why he has resorted to bitcoin price.

[BADecker]

It is too good to be true! I will be very happy if it happens. But I don't see any stimulus in the market which make me think that bitcoin will reach 2000+ usd. Yes, it may happen in 5 year time but not for now.

It seems like he is just promoting a new product of mega upload. Money talks attracts people easily that's why he has resorted to bitcoin price.

The stimulus has to do with taxes. If businesses have to pay taxes, there is little reason to change over to Bitcoin. Bitcoin only makes calculating and paying taxes more difficult.

The good news is, no matter what government does or claims, if the person they attack stands as a man, the government needs to stand as a man. Government can't do this, because government is NOT a man (woman). Rather, they are a conglomerate.

People are waking up to this and are starting to put government in its place. For example. I know for a fact that if you file your W-4 form with you employer, n/a in all boxes except line 7 in which you write "EXEMPT," and then sign the W-4 "non assumpsit" and your signature, your employer is required to not withhold income tax on your paychecks. If the IRS or State come after you, they have to prove you have a contract with them to pay. If you don't, and if you make sure they don't by rescinding your signature off all documents you ever sent to them in the correct way, they have no case.

Be sure to understand what you are doing. Understand that taxes exist through your voluntary agreement, even though you don't understand how and when you volunteered. Study here https://www.youtube.com/user/765736 and here http://www.myprivateaudio.com/Karl-Lentz.html and here http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc and watch this little Youtube video https://www.youtube.com/watch?v=Twn96nj0jfw&list=PLHrkQxgz0mg6kUBciD-HIvTXByqjcIZ-D&index=10.

[Watercooler]

Would be very nice if Bitcoin would go to $2000, but before this will happen we'll see a lot op pump and dumps.
Maybe in a few years time the value could reach $2000. Of course I hope I'm wrong and it happens sooner 

[SmartIphone]

I like his optimism about bitcoin and I'm very proud of him that he is going to integrate the bitcoin payment on his upcoming filehost megaupload.
I'm very exciting to see how this will affect the bitcoin price because for now $2,000 for a bitcoin is really a dream.

[coinoclock]

thats sounds like a wild dream but maybe why not. btu first i want to see his service work properly and i hope its not a scam. 

[Cryptonitex]

Intelesting tweets

$2,000 + is really a dream come true.

[DebitMe]

$2,000 per coin is very optimistic IMO.  But it is nice to see innovators like DotCom building services around bitcoin that will provide more and more uses for it.  That is what we need to get to that 2k point per coin.  I just think he is hyping up his release a little bit to gain some support and fans. 

[vero]

A bunch of tweets he made in the last few hours :

I'm not sure I belonged kim possible that only work for people who try to give the issues of price rise. Here we must try to think realistically about something that never could happen in bitcoin. $ 2000 per bitcoin it's really disgusting dream.

[calkob]

i think $2000 will be small change in the future when it is worth an absolute fortune....... 

[peta4e]

i think $2000 will be small change in the future when it is worth an absolute fortune....... 

No one can predict the exact price of bitcoin but still it has an potential to go even beyond that and it will totally depend on mass adoption and acceptance of bitcoin worldwide.

[angaper]

i think $2000 will be small change in the future when it is worth an absolute fortune....... 

No one can predict the exact price of bitcoin but still it has an potential to go even beyond that and it will totally depend on mass adoption and acceptance of bitcoin worldwide.

I am not so optimistic in this prediction because the multiple conditions required to achieve that level of price are almost impossible to meet in the short or medium run. I prefer other more conservative predictions that fix the maximum potential price around $1300.

[Carlton Banks]

he's amassed a fortune, off the back of raping copyright holders, so no longer needs to defraud people directly.

What fraud? What agreement did Dotcom enter into with the so-called "holders" of the copyright? In what way did he renege this (non-existent) agreement, or deceive the copy-masters (lol) into giving him money? He stole nothing and deceived no-one, so there is no fraud.

Can you explain also, why it is that you cast the situation as Dotcom "raping" copyright holders? Copyright holders became a multi-billionaire privileged class in the 20th century, it's not at all unreasonable to express this the other way around: that Dotcom was giving back to the class that was victimised by the entertainment industry by charging the highest price the market could possibly take. New CD albums used to be upto $20, now they're barely $10. And when it's mostly millionaire popstars and record company executives that feel the brunt of that, I'm kind of siding with the hundreds of millions of music/film fans, not the super wealthy moguls and artists. It's not about being "statist" or not, it's about knowing right from wrong.

[Indrawan77]

I am really hoping that it will come true but the possibility of bitcoin reachinf that price is very small, and i personally thinks that it is impossible, the highest point of bitcoin is only 700$, the reason it reach that point is because the halving rumour, unless there is a big breakthrough i am pessimistic that the price is going to reach 2000$

[asriloni]

A bunch of tweets he made in the last few hours :

After seeing the image and appearing one questions about this, and does the bitcoin price is not reached like Kim prediction. is it possible to Kim will getting depressed about their prediction? but this is like a miracle the price of bitcoin can touch more than $2000 for each.

[KonceptCars]

he's amassed a fortune, off the back of raping copyright holders, so no longer needs to defraud people directly.

What fraud? What agreement did Dotcom enter into with the so-called "holders" of the copyright? In what way did he renege this (non-existent) agreement, or deceive the copy-masters (lol) into giving him money? He stole nothing and deceived no-one, so there is no fraud.

Can you explain also, why it is that you cast the situation as Dotcom "raping" copyright holders? Copyright holders became a multi-billionaire privileged class in the 20th century, it's not at all unreasonable to express this the other way around: that Dotcom was giving back to the class that was victimised by the entertainment industry by charging the highest price the market could possibly take. New CD albums used to be upto $20, now they're barely $10. And when it's mostly millionaire popstars and record company executives that feel the brunt of that, I'm kind of siding with the hundreds of millions of music/film fans, not the super wealthy moguls and artists. It's not about being "statist" or not, it's about knowing right from wrong.

That is an interesting counter perspective on Megaupload, Napster, and other early P2P sites. In essence, they somewhat set the precedence for bitcoin and the blockchain.

[goinmerry]

Tsss.. there are lots of people who are predicting it. So give me some reason why that is special and we should believe in it?

[2dogs]

he's amassed a fortune, off the back of raping copyright holders, so no longer needs to defraud people directly.

What fraud? What agreement did Dotcom enter into with the so-called "holders" of the copyright? In what way did he renege this (non-existent) agreement, or deceive the copy-masters (lol) into giving him money? He stole nothing and deceived no-one, so there is no fraud.

Can you explain also, why it is that you cast the situation as Dotcom "raping" copyright holders? Copyright holders became a multi-billionaire privileged class in the 20th century, it's not at all unreasonable to express this the other way around: that Dotcom was giving back to the class that was victimised by the entertainment industry by charging the highest price the market could possibly take. New CD albums used to be upto $20, now they're barely $10. And when it's mostly millionaire popstars and record company executives that feel the brunt of that, I'm kind of siding with the hundreds of millions of music/film fans, not the super wealthy moguls and artists. It's not about being "statist" or not, it's about knowing right from wrong.

That is an interesting counter perspective on Megaupload, Napster, and other early P2P sites. In essence, they somewhat set the precedence for bitcoin and the blockchain.

Yes, I've heard it described as Kim DotCom (or Pirate Bay,etc) only provided the medium for the file transfers.
If so, then why should they be held responsible/liable for the contents in those files?
As an analogy, that would be like the Post Office being liable for all the contents in the mail they handle.

[plpbtc1526]

Hmmm. Thats the thing i hope to be happen. But im not sure this could happen in a few months but i hope it will. Is it just marketing strategy to increase the demand of bitcoin? Thats too good to be true.

[OmegaStarScream]

I wouldn't judge him based on his previous actions personally.

Really? In my experience people don't change. I suppose what has changed for him is that he's amassed a fortune, off the back of raping copyright holders, so no longer needs to defraud people directly.

I assume he'd still be contentedly doing that if he hadn't hit the jackpot.

I wouldn't hold him the responsibility unless he uploads the files himself. I mean how could the uploader get away while the owner gets issues ?
It's pretty much like everything else in the world. If we take the Internet, for example , It could be used for both good and bad (for both selling drugs and for helping billions of users every day).

I'm not supporting him honestly but I'm just using common sense and logic + the way how the government got info about him/his servers was never told to the public which makes everyone think that they violated the man privacy.

[ekaterina77]

it could be happen while there is a long journey while it reach in $2000. maybe what Kim predict will be right in future, better watch on the market for real and buy when you want to buy while its down rate for now.

If there is a confidence that in the future will get a good profit, which means that the stakes are very high, then it is really possible to buy when the price is low. But who will give 100% confidence in this venture?

[sempak]

If this is true then this will be great news. bitcoin influence in world financial markets will be taken into account. but for me USD 2000 will not be there in the near future. maybe the next few months could break the bitcoin prices above $ 1,000.

[Betwrong]

Of cores it is wise to not trust him completely, but I think he got a really strong cards in his hand. And his predictions/expectations are not totally groundless.
$2000 might be a little too much, but 1000 after release of Bitcache is pretty much possible scenario. And I totally agree: BUY NOW while bitcoin is cheap!

IMO the price below $600 is very low for Bitcoin and all the people who bought for this price will profit big time. If a man with 500k followers on twitter is saying Bitcoin will be $2000 at least it means something, right?

[20kevin20]

Of cores it is wise to not trust him completely, but I think he got a really strong cards in his hand. And his predictions/expectations are not totally groundless.
$2000 might be a little too much, but 1000 after release of Bitcache is pretty much possible scenario. And I totally agree: BUY NOW while bitcoin is cheap!

IMO the price below $600 is very low for Bitcoin and all the people who bought for this price will profit big time. If a man with 500k followers on twitter is saying Bitcoin will be $2000 at least it means something, right?

It's still all a speculation. Nobody can predict it, unless they have the right info (like the magnates can predict Gold price, because they are those controlling it). $2k price would be awesome, and he probably said that because halving rose the BTC price very fast to $1k, it was basically skyrocketing. Now the same thing is going on, probably.

[Daniel91]

Of cores it is wise to not trust him completely, but I think he got a really strong cards in his hand. And his predictions/expectations are not totally groundless.
$2000 might be a little too much, but 1000 after release of Bitcache is pretty much possible scenario. And I totally agree: BUY NOW while bitcoin is cheap!

IMO the price below $600 is very low for Bitcoin and all the people who bought for this price will profit big time. If a man with 500k followers on twitter is saying Bitcoin will be $2000 at least it means something, right?

I also agree with this prediction but don't think it will happen soon.
Before this scenario happen, Bitcoin should become more popular, online standard for payments, more popular among merchants and customers and becomes mainstream.
I don't think it will happen overnight, i short time but in 3-5 years it's possible.
I think that BTC users, which show faith and patience now, and don't sell their BTC funds for fast profit, will earn much more later.

[Dewi Aries]

If this is true then this will be great news. bitcoin influence in world financial markets will be taken into account. but for me USD 2000 will not be there in the near future. maybe the next few months could break the bitcoin prices above $ 1,000.

you're right $2000 maybe too early even in 2017 , but $1000 still can reached because it's good if bitcoin's price can rising slowly but steady than rising fast and can get down fast too

[rphk]

i believe it will not raise immediate to 2000$ ,it will take more time to reach that level if large people starts buying probably may reach up to 1000$. To reach 2000$ it will take more years and will not happen so soon .

[Mastker]

i believe it will not raise immediate to 2000$ ,it will take more time to reach that level if large people starts buying probably may reach up to 1000$. To reach 2000$ it will take more years and will not happen so soon .

The price could be $1000 this time next year. The price of $2000 could be reach in 18 to 24 months.

[Carlton Banks]

I wouldn't hold him the responsibility unless he uploads the files himself. I mean how could the uploader get away while the owner gets issues ?
It's pretty much like everything else in the world. If we take the Internet, for example , It could be used for both good and bad (for both selling drugs and for helping billions of users every day).

Kim Dotcom couldn't be responsible under any circumstances. He was doing what pretty much every computer-savvy person was doing: proving that the right to copy is actually now held by everyone equally.

It's simple: before 20th Century, there were no commercial recording industries, because there was no commercial recording technology. Before that, "stealing" music or stories didn't exist as a concept. Because the ability to control who heard the work was impossible, the idea that the music or stories belonged to anyone was meaningless. The original author was either known or unknown, and that was as much recognition as was realistic.

Fast-forward through the 20th Century, and we witness the rise and fall of the recordings replicators. And what killed them off was good old supply and demand: book/magazine printers, vinyl/CD pressing equipment and VHS/DVD presses all were made more or less redundant by simple PC's on the internet. Where the supply was limited and controlled by the replication technology, the flood gates of perfect digital copies, available in a few minutes, had suddenly opened.

The old culture is almost dead: there are few practical reasons for using the old media, (I'd argue that physical books are the only truly useful old tech remaining) and so in slightly less than 100 years, a multi-billion dollar industry was born, and promptly died. And it's a very good thing: the 20th century celebrity culture that that colossal quantity of cash fueled is nasty, destructive and pointless (apart from the profits). The industrial scale oligopoly, the world-wide adulation and embarrassment of riches turned otherwise ordinary people into self-obsessed navel-gazers, and spawned an army of foolish mimicry. And people like Kim Dotcom and Bram Cohen drove a wooden stake through their collective hearts. Good.

[Kimi80]

 I dont believe in this prediction, price to triple in less then one year sounds impossible to me. I saw some interesting things about last halving, after 1200$ top, price dropped hard on 200 $. If bitcoin go to 2000 $, probably we will see very big drop after this.
 
 I think we have to many wrong predictions here, people just wrote about some of their wild guesses. I dont believe in most of the things I read here, maybe price can even fall down. I dont know, but at least I`m not pretending that I know something.

[Denker]

If this is true then this will be great news. bitcoin influence in world financial markets will be taken into account. but for me USD 2000 will not be there in the near future. maybe the next few months could break the bitcoin prices above $ 1,000.

I'm always very sceptic about everything Kim Dotcom is saying and doing.
That guy is suspicious and extremely shady is you ask me. Just have a look at his history.
So be careful and don't trust anything coming from his direction.Right now he acts like a pumper.

[danherbias07]

I dont believe in this prediction, price to triple in less then one year sounds impossible to me. I saw some interesting things about last halving, after 1200$ top, price dropped hard on 200 $. If bitcoin go to 2000 $, probably we will see very big drop after this.
 
 I think we have to many wrong predictions here, people just wrote about some of their wild guesses. I dont believe in most of the things I read here, maybe price can even fall down. I dont know, but at least I`m not pretending that I know something.

Price can really go down depending on what will happen and can spike up also if someone buys a lot. We cant be sure and what you are doing is great. Never believe with such predictions and just trust your instincts.

[1Referee]

If this is true then this will be great news. bitcoin influence in world financial markets will be taken into account. but for me USD 2000 will not be there in the near future. maybe the next few months could break the bitcoin prices above $ 1,000.

I'm always very sceptic about everything Kim Dotcom is saying and doing.
That guy is suspicious and extremely shady is you ask me. Just have a look at his history.
So be careful and don't trust anything coming from his direction.Right now he acts like a pumper.

I don't think many people care whether or not he acts like some sort of a pumper as you are saying. People only care about the price to go up. And if this happens to lift the price up, then people are more than happy to welcome everything coming from him.

[Windpower]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

[pereira4]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

The price already recovered and we are only less than 100 dollars away from 700, it proven than this time Bitcoin is tons time stronger than the last time an exchange hot hacked, so next pump will be insane, at least 4000+ dollars easy.

[trecore4]

I think this is a good news, because create a link between "p2p file" and btc is a great advancement!

[Cryptonitex]

I am wondering how long it will take until megaupload#2 will experience the same fate as megaupload#1.

As being part of BitCoin, I don't think they could just shut it down again. This is freedom

[Cryptonitex]

It's interesting to see some positive tweets about bitcoin after a bad news from bitfinex, but nobody knows when it will get recover first to gain that level where it was before of that hack, I also pretty sure bitcoin will surpass $2000 easily but how long it take that is confusing for me.

I think within the next 2 years we'll hit that price. With more things like this being connected to BitCoin, it's value will increase. Improving the technology is the best thing to do.

[n691309]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

[Cryptonitex]

I am really hoping that it will come true but the possibility of bitcoin reachinf that price is very small, and i personally thinks that it is impossible, the highest point of bitcoin is only 700$, the reason it reach that point is because the halving rumour, unless there is a big breakthrough i am pessimistic that the price is going to reach 2000$

The highest it's reached was about $1,200 about 2 years ago. IDK why it was that high, but then Mt.Gox got hacked and it went as low as $185.

Then it rises back up to almost $800, then Bitfinix gets hacked and it goes as low as $420.

The price goes down when something goes wrong, but when something big happens, I expect it to rise...

These retards need to stop keeping their BitCoin on a central exchange that keeps getting hacked, and keep them in their wallet. Then BitCoin can be valuable.

[Akupuniard]

I am always ignoring this kinds of predictions, i used to think by my own head and when something happen not according to prediction, i am just understanding that i'm right.

[OmegaStarScream]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

[oblivi]

Kim Dotcom has done a lot of things in the past, but if he has done something like no other, is hyping and pumping things. He, coupled with Max Keiser, can pump it to 2k. Let's just hope Bitcache delivers.

[angryswamp]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

well i hope that such price will be reached easily even if that theft happened, in my opinion bitcoin has a lot of potential to grow at the moment

[marketgold]

Bitcoin can reach that price,  but how long it will take it ?Thats the question. Bitcoin growed and drecreased in last time, and my opinion is that it will take some years for bitcoin to reach that price

[n691309]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

I haven't checked his recent tweets but based on that means that Kim Dotcom has only the idea now and is looking for people to finish working on his idea, but the fact that he has mentioned the bitcoin is making me thinking that something good will happen in the near future.

[social crypto coin]

Iam follow
my prediction same bitcoin can up go the moon in price
but my prediction not $2000, in end year my prediction only $800
iam hold my bitcoin

[JeffBrad12]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

The price already recovered and we are only less than 100 dollars away from 700, it proven than this time Bitcoin is tons time stronger than the last time an exchange hot hacked, so next pump will be insane, at least 4000+ dollars easy.

I don't think so if this time getting a recovered but seem like is not happening any things is referred into the marking for the price of bitcoin will getting increase and especially more than $4000 , I like to call it a miracle for bitcoin.

[marcus_of_augustus]

Shouldn't this thread be in Speculation sub??

Kimble needs to poop or get off the pot at some point ...

[Avirunes]

well at the end speculation is still speculation even it's come from popular person just like Kim Dotcom,but it could affect the people so it'll help ,but can't wait for his bitcache, just don't get arrested again lol

I didn't understand the Bitcache part though , what is it exactly ?

Here is something that will answer your question. http://cryptohustle.com/why-bitcache-could-bring-bitcoin-to-the-masses

After reading it I would say that it is a nice idea though I am not sure about bitcoin reaching that high till Jan 2017.

[starmman]

Unsurprisingly, Kims comments have made little impact on the BTC price. I wonder when we will break the $600 barrier again.

[plpbtc1526]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

The price already recovered and we are only less than 100 dollars away from 700, it proven than this time Bitcoin is tons time stronger than the last time an exchange hot hacked, so next pump will be insane, at least 4000+ dollars easy.

Right now, the price of a bitcoin doesnt even reach  $650. Admit to ourselves it will not be rise on that price. I saw other thread that its value will rise up to $9000 a piece. Dont fool yourself. You know it will not rise that easily.
But i believe it will be back at $700 a piece again.

[dunfida]

Well good luck with the OMFG #BIT$2000 or what ever. Bitcoin probably wont reach $2000 anytime soon especially after the great price drop and the theft of the 120k bitcoin. But it is likely that the price might rise up again to about 700USD. But we all wish that bitcoin reached $2000.

The price already recovered and we are only less than 100 dollars away from 700, it proven than this time Bitcoin is tons time stronger than the last time an exchange hot hacked, so next pump will be insane, at least 4000+ dollars easy.

Right now, the price of a bitcoin doesnt even reach  $650. Admit to ourselves it will not be rise on that price. I saw other thread that its value will rise up to $9000 a piece. Dont fool yourself. You know it will not rise that easily.
But i believe it will be back at $700 a piece again.

$2000/btc is nearly possible  compare to the other thread saying $9000/btc which is very impossible to reach that certain price since we could all see the price of bitcoin as of now , it always goes down and  suddenly rise a little bit then falls down again. All are just speculation  and we really dont know what would happen. Just remember to make realistic speculations though.

[TastyChillySauce00]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

he's just a veteran on this category,maybe his plan is still only "plan" or "imagination" but this still have the possibility to be implemented in the real life,
although the main point is
integrates bitcoin micro-payments with a system called Bitcache. The new version will allow users to monetize file sharing with small bitcoin payments.
which seems could working just need a bunch of techy person called dev team

[Dark.Angel]

If we look the price Bitcoin for now, it's very hard to reach $2000/BTC. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

[pastapaska]

Hs is just hyping so that he can sell 2k usd btc to us, what a abd whale! 

[OmegaStarScream]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

he's just a veteran on this category,maybe his plan is still only "plan" or "imagination" but this still have the possibility to be implemented in the real life,
although the main point is
integrates bitcoin micropayments with a system called Bitcache. The new version will allow users to monetize file sharing with small bitcoin payments.
which seems could working just need a bunch of techy person called dev team

This means that we will get paid in Bitcoins for x downloads we have in our files? sounds interesting but It's kinda screwed , as from what I heard , he said 100 million wallets which as far as I know he will recover the old Megaupload database and give users their premium memberships back etc... so for those who don't have accounts there (or lost their info) won't be able to do get this. (at least not at the beginning) , In the other hand this could be useful I suppose ? I mean this could target non-bitcoin users around the world and make them search and learn more about it when they see that they will actually get paid.

Hs is just hyping so that he can sell 2k usd btc to us, what a abd whale! 

Unlikely. I mean he is a millionaire so why would he do that ? his Megaupload business will most likely bring him much more profit.

[clickerz]

If we look the price Bitcoin for now, it's very hard to reach $2000/BTC. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

For me, I am very optimistic that bitcoin canreach the 2000 dollar price. The only question is when? For KimDotCom to say or predict that it will rech 2,000 dollar is a good indicator as his business will be using bitcoin, so its another market for bitcoin.

[BayAreaCoins]

i have no reason to trust person with 500k followers such as him because honestly this is first time i heard about him and i don't know him too much and for me he just speculate for the prices but i'm glad if his predictions become true even i personally will not trust him 100%

Do you live under a rock?

Fuck all of y'alls signature campaign post requirements.

[pereira4]

Im probably going to buy some shares on the initial share offer.. just incase. If this turns out to be true, we are talking millions of dollars of potential investing flocking in. I just doubt Kim Dotcom suddenly is smarter than Gmaxwell and all those guys that have been thinking about how to properly scale bitcoin the right way for years, but you never know, he could have hired an excellent team that has been working secretly. We'll see.

[Hugroll]

wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me

[Labumi]

If we look the price Bitcoin for now, it's very hard to reach $2000/BTC. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

For me, I am very optimistic that bitcoin canreach the 2000 dollar price. The only question is when? For KimDotCom to say or predict that it will rech 2,000 dollar is a good indicator as his business will be using bitcoin, so its another market for bitcoin.

Exceptional thinking. If indeed the kimDotCom do I see that he has an interest to use the bitcoin and it will surely encourage all companies or other website to use the bitcoin in each transaction. $ 2000 for 1 bitcoin, is the incredible prices and very profitable. It could happen if the growth of the bitcoin is much better than now

[Betwrong]

If we look the price Bitcoin for now, it's very hard to reach $2000/BTC. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

For me, I am very optimistic that bitcoin canreach the 2000 dollar price. The only question is when? For KimDotCom to say or predict that it will rech 2,000 dollar is a good indicator as his business will be using bitcoin, so its another market for bitcoin.

Yes, I also have no doubts that Bitcoin will reach $2000 mark. I'd say this will happen in 2018 most likely but of course it might happen earlier, but hardly in 2016.

[dihari]

If 80% of his followers make trust on him, i think it will be possible.
Imagine when 400k user racing to buy or invest on bitcoin, little or more it will affect to the price.

[Btcforall]

A bunch of tweets he made in the last few hours :

Everyone is free to speculate but the price is finally decided by market.Although I hope his speculation comes true

[talkbitcoin]

A bunch of tweets he made in the last few hours :

Everyone is free to speculate but the price is finally decided by market.Although I hope his speculation comes true

his speculation is different, because it is based on some facts that looks to have enough potential for helping bitcoin grow and make the price go up.

if you read the first post and the tweets you can see that he is talking about megaupload 2.0 and they way they are going to implement a micropayment system using bitcoin.

[X-ray]

wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me

maybe the file uploader will get an address and will be rewarded bitcoin for every download to the address? i don't know what exactly but for me the main point is getting paid for uploading,i think it's the clue

[universe_]

Hs is just hyping so that he can sell 2k usd btc to us, what a abd whale! 

i doubt that anyone would be willing to save their bitcoins then, i mean the price would most probably be growing even more so there would be no reason to sell

[thejaytiesto]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

he's just a veteran on this category,maybe his plan is still only "plan" or "imagination" but this still have the possibility to be implemented in the real life,
although the main point is
integrates bitcoin micro-payments with a system called Bitcache. The new version will allow users to monetize file sharing with small bitcoin payments.
which seems could working just need a bunch of techy person called dev team

At this point im starting to believe. I mean he is spending all day on Twitter retweeting news and making tweets about how Bitcache will change everything and make Bitcoin mainstream. If I was in his position, I would never be doing that unless I had something to back it up. There is a dead end date of January 17th when he has to deliver, so he should have something heavy ready to drop.

[Vinz24]

I really hope it happe s fast like a year from now. I'm now buying bitcoin about $10 a month. I'm investing what I can afford to loose, but I think this the right thing to do.

[BillyBobZorton]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

he's just a veteran on this category,maybe his plan is still only "plan" or "imagination" but this still have the possibility to be implemented in the real life,
although the main point is
integrates bitcoin micro-payments with a system called Bitcache. The new version will allow users to monetize file sharing with small bitcoin payments.
which seems could working just need a bunch of techy person called dev team

At this point im starting to believe. I mean he is spending all day on Twitter retweeting news and making tweets about how Bitcache will change everything and make Bitcoin mainstream. If I was in his position, I would never be doing that unless I had something to back it up. There is a dead end date of January 17th when he has to deliver, so he should have something heavy ready to drop.

I agree. Why would he risk his reputation like this to not deliver anything? It would kill him. At the end of the day Kim Dotcom is not a mere clickbaiter for entertainment, he has run big services in the past.

[funbarrel]

Hs is just hyping so that he can sell 2k usd btc to us, what a abd whale! 

whatever is the cause i would still really like to see such price to be honest, in my opinion it would give us a decent possibility to make profit

[katrimans]

If we look the price Bitcoin for now, it's very hard to reach $2000/BTC. In my opinion he doesn't really care if it will reach $2000 or not. But the fact that bitcoin cannot be censored and can be used for his anti establishment stance, then it is good enough for him.

For me, I am very optimistic that bitcoin canreach the 2000 dollar price. The only question is when? For KimDotCom to say or predict that it will rech 2,000 dollar is a good indicator as his business will be using bitcoin, so its another market for bitcoin.

Yes, I also have no doubts that Bitcoin will reach $2000 mark. I'd say this will happen in 2018 most likely but of course it might happen earlier, but hardly in 2016.

The possibility of bitcoin reaching the $2000 mark isn't really that high.
Since if he's going to be investing and integrating his business with bitcoin, I'm sure that it would leave an impact, although of course not as much as it would reach $2000 mark but it may trigger other large businesses/companies to adopt and integrate bitcoins as well and reach that mark.

[raphma]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

[Red-Apple]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

you can not possibly say anything about the project because kim dotcom never released any information about the project at all, he has just mentioned "megauoload 2.0" and "bitcoin" as in bitcache.

which honestly seems like a huge thing because it is combining file sharing with decentralization and anonymity and adds the micropayment using bitcoin to it.

[doublemore]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

If it does thats great but i dont think we need it to make a $2k bitcoin.  Over time it costs more to mine and the network is spreading it will keep going up in price or die is always the way of things.

[rico666]

Our beloved big boy is very good and enthusiastic at announcements and start-ups, but his endurance has been below average.

The only long-term project he managed to sustain so far is his life.


Rico

[xdrpx]

His only reason of this prediction is to add as a base to market Bitcache. Afterall, he's hinting that probably the price of Bitcoins might rise once Bitcache revolutionizes. Also, I'm sure he'll bring in a lot of investment into Bitcoin, afterall he has a lot of userbase in Mega and his old file sharing website megaupload. This could bring in a lot of traction for the bitcoin price.

[Milkduds]

If it was anyone else you would accuse them of pump and dump. Will be interesting to see how effective his business plan is in pushing bitcoin to the masses. Seems like he is catering to a audience imo.

[Next BillG]

If it was anyone else you would accuse them of pump and dump. Will be interesting to see how effective his business plan is in pushing bitcoin to the masses. Seems like he is catering to a audience imo.

His business could increase the bitcoin user by hundreds of thousands. The more bitcoin user, the higher the price.

[bitbunnny]

Speculations, speculations, speculations.... Wishful thinking but no real ground that he can make such claims. Long term predictions on Bitcoin can't be something that you can relay on. But I have to admit that it sounds good.

[Mauser]

If it was anyone else you would accuse them of pump and dump. Will be interesting to see how effective his business plan is in pushing bitcoin to the masses. Seems like he is catering to a audience imo.

Kim is the King. He is definitely pumping his own investments. Any promotion of bitcoins is a good promotion.

[umairsaleem011]

A bunch of tweets he made in the last few hours :

I bet hes right, even still that's only double your money if you buy now

you need to be making in Alt coins and properly gettign funds back into BTC and not missing climbs. its like its the Olympics of money. run, jump, climb back to BTC repeat

[KingdomHearts]

yeah , i think its possible that bitcoin price will be 2000$ ,Bitcoin price is depend on popularity and adoption if all people aware about bitcoin and maximum people adopt the bitcoin then surely bitcoin will be rise up its price to 2000$ sooner.

[umairsaleem011]

Keep in mind guys this is only a double value, it needs to crash first to take advantage of this , so if you have hold hold hold

[helloeverybody]

Does anyone know anymore details on this? Like how would a file transfer being linked to a bitcoin transaction be helpful? Does this mean links could not be removed because they are decentralised? Would this mean you have to pay for each file you upload or download with bitcoin?

[Gutembergin]

Amazing 2.4 x my current money and all the profit I will make off the drop in price that will come before that happens

[richardsNY]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

you can not possibly say anything about the project because kim dotcom never released any information about the project at all, he has just mentioned "megauoload 2.0" and "bitcoin" as in bitcache.

which honestly seems like a huge thing because it is combining file sharing with decentralization and anonymity and adds the micropayment using bitcoin to it.

I do agree that we first need to see this project being launched before hitting on it, but I also agree on the fact that the price Kim has been talking about is just unrealistic to happen next year. I think he got a bit too excited when sharing the world his news about Bitcache.

[ttargett]

i hope that the price is going to reach such price in at least a year

[OmegaStarScream]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

you can not possibly say anything about the project because kim dotcom never released any information about the project at all, he has just mentioned "megauoload 2.0" and "bitcoin" as in bitcache.

which honestly seems like a huge thing because it is combining file sharing with decentralization and anonymity and adds the micropayment using bitcoin to it.

I do agree that we first need to see this project being launched before hitting on it, but I also agree on the fact that the price Kim has been talking about is just unrealistic to happen next year. I think he got a bit too excited when sharing the world his news about Bitcache.

Assuming that he have enough money (few millions) , he definitely could do it with a great team. but I have doubts about this "great team" as he tweeted in the last few days that he need security experts , cryptographers and coders... so I'm not sure if the development started when he started to recruit or before that.
Keep in mind that he is going to start a campaign on Bank to the future in the next few days and I'm pretty sure that a lot of people are going to invest in the platform , and If he went that much ... It means that he serious about the launch and knows what he is doing.

[tyz]

Kim Dotcom has never disappointed me when he announced a new project. MegaUpload was one of the best uploaders before it was closed by authorities. I think he will clearly think about new projects. I am very curious about Bitcache. Hope he surprise me again. It will double my surprise when it is really linked to Bitcoin and if it helps Bitcoin price development.

[wikenpp]

This this like something that will not happen ever, bitcoin at the moment has a lot of potential but we have to be realistic. The current market sentitment is not like it.
We just recorved from quite a large hack, and at this moment i hope we can even sustain the current price point. In which we will have to hope not a single bad thing about bitcoin will come out.
After that maybe we can think of 4 digits values..

[Gutembergin]

i think this is a ploy to get bitcoin fans to use kims new product. its good makleting

[Shinpako09]

Wether her prediction is right or wrong still it makes an impact to an individual bitcoiner. Especially to those realistic who are aiming and treating $2k was the only realistic price that could reach. I wont believe her actually if she says more than $3k.

[Gutembergin]

Wether her prediction is right or wrong still it makes an impact to an individual bitcoiner. Especially to those realistic who are aiming and treating $2k was the only realistic price that could reach. I wont believe her actually if she says more than $3k.

Kim is a man

[TippingPoint]

When I gotta send files across the globe
I use Mega Upload

https://www.youtube.com/watch?v=K9caPFPQUNs

☑ brilliant

[outatime1]

I assume this is just a prediction. It could happen but I doubt it will get that high by this January.

[Gutembergin]

I assume this is just a prediction. It could happen but I doubt it will get that high by this January.

its always unlikely untill it happens, in any case i think hes marketing his own stuff to btc users nmore than anything

[raphma]

I assume this is just a prediction. It could happen but I doubt it will get that high by this January.

just a prediction? thanks!

[richardsNY]

i'm a huge fan of kim dotcom but i dont think his project will have this much importance to bitcoin... i'm not saying it isnt good, but i dont think it could bring a 300%+ pump in one year.

you can not possibly say anything about the project because kim dotcom never released any information about the project at all, he has just mentioned "megauoload 2.0" and "bitcoin" as in bitcache.

which honestly seems like a huge thing because it is combining file sharing with decentralization and anonymity and adds the micropayment using bitcoin to it.

I do agree that we first need to see this project being launched before hitting on it, but I also agree on the fact that the price Kim has been talking about is just unrealistic to happen next year. I think he got a bit too excited when sharing the world his news about Bitcache.

Assuming that he have enough money (few millions) , he definitely could do it with a great team. but I have doubts about this "great team" as he tweeted in the last few days that he need security experts , cryptographers and coders... so I'm not sure if the development started when he started to recruit or before that.
Keep in mind that he is going to start a campaign on Bank to the future in the next few days and I'm pretty sure that a lot of people are going to invest in the platform , and If he went that much ... It means that he serious about the launch and knows what he is doing.

I am quite skeptical when it comes to people announcing something while in the same time they make pointless predictions that don't make much sense. I like people that are working under the rule of action speaks louder than words, and not vice versa.

[KFCBTC]

Kim certainly has the power to influence the market, but to the extent of tripling it? I hardly think so, very exciting post none the less and good news is always good news!

[ReturnBits]

I'm curious to see what will happen, all you can do is speculate until launch.

[shinratensei_]

Speculations, speculations, speculations.... Wishful thinking but no real ground that he can make such claims. Long term predictions on Bitcoin can't be something that you can relay on. But I have to admit that it sounds good.

But for me to hearing the people is says about the speculations it's same means just wasted some of my time for useless things, "Time is Money". or just like hearing a miracle in the minds of another people.

[X7]

Since I am biased, I will agree with this prediction.

[Cryptonitex]

Kim certainly has the power to influence the market, but to the extent of tripling it? I hardly think so, very exciting post none the less and good news is always good news!

We'll see what happens when his release does for the BitCoin community.

[pooya87]

I assume this is just a prediction. It could happen but I doubt it will get that high by this January.

its always unlikely untill it happens, in any case i think hes marketing his own stuff to btc users nmore than anything

well, i don't know how much you read about it but the system that he is proposing can really revolutionize the file sharing system and become the biggest thing that has ever existed.
this is megaupload we are talking about, and although not enough information is released yet but if they imperilment bitcoin payment with file sharing a lot of people will start using the system.

[chichidori]

Megaupload is the biggest file upload and download network and infringe a lot of contents, it might do a little changes on the price but i will not reach 2k usd for the megaupload 2.0 alone.

[Altitude]

I hope hes wrong cause i just sold the 4 i have and now im looking into alt coins.

[renem]

I didn't understand the Bitcache part though , what is it exactly ?

Bitcache is a distributed content-addressable storage (CAS) system. It provides repository storage for bitstreams (colloquially known as blobs) of any length, each uniquely identified and addressed by a digital fingerprint derived through a secure cryptographic hash algorithm This is a module that provides a Bitcache-compatible data storage repository for Drupal and implements the Bitcache REST API for interoperability with the standalone Bitcache command-line and synchronization tools.

[pooya87]

I didn't understand the Bitcache part though , what is it exactly ?

Bitcache is a distributed content-addressable storage (CAS) system. It provides repository storage for bitstreams (colloquially known as blobs) of any length, each uniquely identified and addressed by a digital fingerprint derived through a secure cryptographic hash algorithm This is a module that provides a Bitcache-compatible data storage repository for Drupal and implements the Bitcache REST API for interoperability with the standalone Bitcache command-line and synchronization tools.

you have just copy and pasted the explanation of bitcache from its project official webpage here without even mentioning your source or putting it in the quotes: https://www.drupal.org/project/bitcache

anyways it may have nothing to do with what kim dot com said, and he is not sharing much information about the project except the tweets we have all seen and since it is 5 months away he is revealing as little information as possible

The term ‘Bitcache’ also raises questions. A project of the same name already exists but Dotcom appears to have something else in mind.

[n691309]

This act from Kim Dotcom can be a good marketing for bitcoin as many people will be interested in bitcoin and probably will buy some bitcoins and considering this as an investment, I wish the bitcoin price to be increased after the megaupload launch but it is not clear enough how will it operate!

I'm starting to think that he don't know what he is doing anymore , I mean only few days ago , he tweeted and asking people to send their CV's (recruiting Security experts , cryptographers and coders) so If he didn't have the staff , how he got the idea and how he knew It's going to work in the first place ? because till I know I don't understand how his project is going to work.

he's just a veteran on this category,maybe his plan is still only "plan" or "imagination" but this still have the possibility to be implemented in the real life, although the main point is integrates bitcoin micro-payments with a system called Bitcache. The new version will allow users to monetize file sharing with small bitcoin payments. which seems could working just need a bunch of techy person called dev team

We know that it is possible but we don't know the idea how is this going to be working as we don't know many information. I think that this will be way much better than faucets because people are going to get paid by others downloading his files which I totally agree. But I don't think that this will affect the bitcoin price.

[Taki]

I even don't know who is Kim Dotcom. Honestly I already don't know to whom to trust. Here on the forum there are hundreds of opinions about bitcoin and price for it. Someone say that it is dead and another one promise 4000$ this August already. It all is making  me confused. But I believe that bitcoin will rise a bit more soon.

[gentlemand]

Megaupload is the biggest file upload and download network and infringe a lot of contents, it might do a little changes on the price but i will not reach 2k usd for the megaupload 2.0 alone.

I have no idea what he has in store or what could happen, but considering how piddly Bitcoin still is it could easily be pushed up that high by one app.

 Let's assume Bitcoin has 5 million active users,  which I think may be overoptimistic,  mega upload must've had tens of millions back in the day.  If his plans somehow incentivise users there may be unprecedented volume and demand.

[TippingPoint]

MegaUpload Statistics

• Unique visitors: 82,764,913
• Page Views (in history): over 1,000,000,000
• Visitors per day: 50,000,000
• Reach: 4%
• Registered Members: 180,000,000
• Storage: 25 petabyte (25,000 terabyte)
• Once the 13th most visited site on the Internet
• According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
• In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."

[2dogs]

For those not familiar with Kim Dotcom's history - watch this 18 minute video (not really current, but presents a good background):

Kim Dotcom: The Man Behind Mega

In October 2013, VICE News was invited to visit the infamous tech mogul and creator of Megaupload, Kim Dotcom, at his palatial property in New Zealand. Even though Kim is under house arrest—since he's at the center of history's largest copyright case—he's still able to visit a recording studio in Auckland. So check out this brand new documentary we made at Kim's mega-mansion and in the studio where our host, Tim Pool, got to lay down some backup vocals for Kim's upcoming EDM album while talking about online surveillance, file-sharing, and Kim's controversial case.

http://www.vice.com/video/kim-dotcom-the-man-behind-mega

[dunfida]

I even don't know who is Kim Dotcom. Honestly I already don't know to whom to trust. Here on the forum there are hundreds of opinions about bitcoin and price for it. Someone say that it is dead and another one promise 4000$ this August already. It all is making  me confused. But I believe that bitcoin will rise a bit more soon.

Me too i dont even know him , there are lots of speculation from different person here in online world either famous or non famous personalities. All i can say that i treated them as all speculation without any certain basis since bitcoins price is unpredictable and no know what would be the exact price in upcoming years.

[HaXX0R1337]

Well i think that Kim Dotcom is an important person, however we cannot expect 2000$ per bitcoin fast,
it is still a speculation and nobody can change it. It may be possible, but we really need more people attracted over here.

[jerowacik]

This is speculation which make less bitcoin market becomes warmer. but I still do not understand clearly about this account is credible. if it is true, then the delight of the traders who do holding bitcoin will soon come.

[thejaytiesto]

MegaUpload Statistics

• Unique visitors: 82,764,913
• Page Views (in history): over 1,000,000,000
• Visitors per day: 50,000,000
• Reach: 4%
• Registered Members: 180,000,000
• Storage: 25 petabyte (25,000 terabyte)
• Once the 13th most visited site on the Internet
• According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
• In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."

Numbers does not indeed lie. If Kim Dotcom can pull this up and ends up delivering a good package with real solutions we could see Bitcoin sky rocket to new heights. Let's wait until January and see what happens.

[alpesvillage]

MegaUpload Statistics

• Unique visitors: 82,764,913
• Page Views (in history): over 1,000,000,000
• Visitors per day: 50,000,000
• Reach: 4%
• Registered Members: 180,000,000
• Storage: 25 petabyte (25,000 terabyte)
• Once the 13th most visited site on the Internet
• According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
• In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."

Numbers does not indeed lie. If Kim Dotcom can pull this up and ends up delivering a good package with real solutions we could see Bitcoin sky rocket to new heights. Let's wait until January and see what happens.

Let's hope yhis is real and hold btc, sell in the news(1500+ usd) 

[ShrykeZ]

Kim is a good person to push Bitcoin indeed.

[European Central Bank]

He sure fits the average bitcoin baron portfolio.

He might be in jail somewhere before his big plan launches.

[takingthis4]

thats would be really great, i think it would give bitcoins a lot of possibilities to grow in the future, thus we would all benefit from that growth

[Hazir]

He sure fits the average bitcoin baron portfolio.

Multiple fraid convictions and a fortune based on piracy.

He might be in jail somewhere before his big plan launches.

Sometime piracy is not that bad if people would think otherwise then why proposed anti piracy laws like SOPA (Stop Online Piracy) and PIPA (Stop Online Piracy Act) were never popular?
To the point that we have whole page on Wikipedia dedicated to it? https://en.wikipedia.org/wiki/Protests_against_SOPA_and_PIPA

[Milkduds]

Not looking to be a good Monday for Kim so far.

https://www.washingtonpost.com/local/public-safety/internet-mogul-kim-dotcom-loses-appeal-against-us-seizure-of-millions-of-dollars/2016/08/12/927fe368-60ae-11e6-9d2f-b1a3564181a1_story.html?postshare=3651471245765303&tid=ss_tw-bottom

[uquid]

i do not think so

[angryswamp]

i do not think so

why? it is definitely possible we just need to wait, the price seems to be going up soon

[gentlemand]

Not looking to be a good Monday for Kim so far.

https://www.washingtonpost.com/local/public-safety/internet-mogul-kim-dotcom-loses-appeal-against-us-seizure-of-millions-of-dollars/2016/08/12/927fe368-60ae-11e6-9d2f-b1a3564181a1_story.html?postshare=3651471245765303&tid=ss_tw-bottom

I'll bet he wishes he'd gotten into Bitcoin at an earlier stage. In fact I wonder if he did. It's not as if you'd broadcast such a fact anyway.

I also wonder when we'll see a high profile case where Bitcoins are uncovered and they attempt to force someone to hand them over. I don't mean cases where it's known people hold coins such as anything Silk Road related. I'm not sure the old boating accident explanation will satisfy them.

[Doamader]

Well currently bitcoin community maybe around 500k members, maybe, achieving this public : Unique visitors: 82,764,913 would be insane and price of bitcoin for sure will react to such new members searching for bitcoin. This may be the first step to achieve the mainstream that bitcoin needs. Tomorrow the old Megaupload and today big companies may follow. I believe this guy can bring amazing results and impact at bitcoin, bitcoin reach 2000 dollars instant i dont know but it may achieve it along the year.

[gentlemand]

Well currently bitcoin community maybe around 500k members.

Hmm. I think it's got to be more than that. Still not epic numbers by any means, but it's got to be in the 1-5 million ball park these days. I don't think Coinbase for instance could get the funding they've managed with such a tiny amount of users. Investors take long shots but nothing that long.

[Andy12385]

Highly doubt that.

[richardsNY]

MegaUpload Statistics

• Unique visitors: 82,764,913
• Page Views (in history): over 1,000,000,000
• Visitors per day: 50,000,000
• Reach: 4%
• Registered Members: 180,000,000
• Storage: 25 petabyte (25,000 terabyte)
• Once the 13th most visited site on the Internet
• According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
• In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."

Impressive stats for sure, but no guarantee that it will have a serious impact on Bitcoin. As we speak, the global alexa rank for MegaUpload is 218, and they are still improving. Either way, $2000 to happen next year is far from realistic.

[ttargett]

MegaUpload Statistics

• Unique visitors: 82,764,913
• Page Views (in history): over 1,000,000,000
• Visitors per day: 50,000,000
• Reach: 4%
• Registered Members: 180,000,000
• Storage: 25 petabyte (25,000 terabyte)
• Once the 13th most visited site on the Internet
• According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
• In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."

Impressive stats for sure, but no guarantee that it will have a serious impact on Bitcoin. As we speak, the global alexa rank for MegaUpload is 218, and they are still improving. Either way, $2000 to happen next year is far from realistic.

there are a lot of pirates on that website so im pretty sure that it will have a positive impact

[Cryptonitex]

Might not get the price up that high, but it'll sure gain recognition for BitCoin, that's what is good for it.

[marcus_of_augustus]

wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me

maybe the file uploader will get an address and will be rewarded bitcoin for every download to the address? i don't know what exactly but for me the main point is getting paid for uploading,i think it's the clue

it is probably going to be a lot like the Joystream prototype that use micro-payment channels. It may be a distributed storage system where you will get paid per MByte for content that your node distributes and at the same time you run a wallet where you pay per MByte (to each of the other p2p nodes) for content you download. So your Bitcache wallet keeps a running total of how much content you are serving versus content you are consuming.

[TippingPoint]

wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me

maybe the file uploader will get an address and will be rewarded bitcoin for every download to the address? i don't know what exactly but for me the main point is getting paid for uploading,i think it's the clue

it is probably going to be a lot like the Joystream prototype that use micro-payment channels. It may be a distributed storage system where you will get paid per MByte for content that your node distributes and at the same time you run a wallet where you pay per MByte (to each of the other p2p nodes) for content you download. So your Bitcache wallet keeps a running total of how much content you are serving versus content you are consuming.

Best answer yet ^^

[I Am Hero]

Might not get the price up that high, but it'll sure gain recognition for BitCoin, that's what is good for it.

i think it will eventually, when it starts i am sure it will become huge very soon and the attention it brings to bitcoin will create a big hype that can help with the rise.

[Doamader]

wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me

maybe the file uploader will get an address and will be rewarded bitcoin for every download to the address? i don't know what exactly but for me the main point is getting paid for uploading,i think it's the clue

it is probably going to be a lot like the Joystream prototype that use micro-payment channels. It may be a distributed storage system where you will get paid per MByte for content that your node distributes and at the same time you run a wallet where you pay per MByte (to each of the other p2p nodes) for content you download. So your Bitcache wallet keeps a running total of how much content you are serving versus content you are consuming.

Best answer yet ^^

Well i really believe it will use those system of pay and people have to pay some satoshis to get the content as the others will get a % from those satoshis spent, it should make a great impact at bitcoin, if those 80 milion users will join bitcoin and crypto world, i believe bitcoin value will hit another level almost instant.

[MyBTT]

That's pretty cool. So like a torrent system that pays you to relay information? That's awesome.

It would really gain attention and could potentially bring bitcoin to yes, $2000.

[bluechipinvestor]

Not sure, but I hope he's right.

[DOGE12321]

Well, what he thinks is what he thinks. I am quite sure that Bitcoin would rise after a while, but maybe not up to $2000. My speculation is that it could rise in between $1000 and $1500.

There is one thing that I agree with: Buy Bitcoin when it's cheap. (right now). 

 

[Bitcoinpro]

Micro transactions are impossible its a 10 cent fee minimum, otherwise he is spamming the blockchain and those transactions will never get confirmed,

[OmegaStarScream]

Micro transactions are impossible its a 10 cent fee minimum, otherwise, he is spamming the blockchain and those transactions will never get confirmed,

I personally still didn't understand what he is planning to do with micro-transactions ? does it mean he will pay users ? If it's the case then he may add those small amounts to your Megaupload account then simply you can withdraw them where you reach an  X amount just like faucets.

Either way , I don't think there is a coming back for him as the serious stuff already started : https://twitter.com/KimDotcom/status/765969676119646208 (He signed a contract with Bank Of the future so people could invest) and If you check his other tweets (of yesterday) , there is some big shit going on with McFee and shit ... and he recruited some good known people to Megaupload 2.0 as well.

[bitsoldiers]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

[TastyChillySauce00]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

[niall51]

2000$ is so amazing price per 1btc but I don't think is happen now or next year!
And no one know what is the bitcoin price in the future ..
But I pray for that price 

[nova-rider]

He's a smart guy, but it's really hard to predict.

[dinda22]

I support her prediction, I do not doubt it. I hope everyone buys many bitcoin for it. so that it will really happen the price reached $2k. I myself will not buy as much as possible, just always get a profit from trade and achieve big numbers when the price reaches $2k

[Sontoloyo]

If predict can be true can be false, but the price $2000 is imposible for 5 years again but imposible for 3 years again, instead I predict for this year, the price about $700,  so if you have bitcoin, be patient and don't sell for now

[btcdevil]

What he predict is not impossible and not possible also, because within jan 2017 to achieve this target then their should be a very big news of bitcoin should happen and most of it should be like most of the big country are going to accept bitcoin as their currency , then their we can see the price going to rocket high, Apart from this i dont think their is not any big news which can affect bitcoin to sky rocket the price.

[BTCLovingDude]

kim dotcoms tweets are mostly hyping up the project he is planning on releasing next year and he is mostly advertising that. but also what he is advertising is not a crappy thing, it can actually be a revolution in file sharing and earning money through it. so it is possible to help the bitcoin price rise too.

[Rub3n]

kim dotcoms tweets are mostly hyping up the project he is planning on releasing next year and he is mostly advertising that. but also what he is advertising is not a crappy thing, it can actually be a revolution in file sharing and earning money through it. so it is possible to help the bitcoin price rise too.

Not just helping the bitcoin price If it rises because of the launch/usage of his site, he ofcourse has "some" and with that service he will only make more if there is a share going to him.
Its a smart man...

[Dux2K]

kim dotcoms tweets are mostly hyping up the project he is planning on releasing next year and he is mostly advertising that. but also what he is advertising is not a crappy thing, it can actually be a revolution in file sharing and earning money through it. so it is possible to help the bitcoin price rise too.

I hope it will be like that
Just to make pricego up dont need to be 2k

[Vhern]

Even so a man need to save BTC what will happened if his prediction turned out right, a lot of money we could make from earning BTC

I like the idea of buy bitcoin now while it is cheap, however I don't have a fiat money to convert in BTC I am only earning BTC online, so nevertheless I hope that this prediction turned good to be true.

[TrueCryptonaire]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

[p_linz]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

[sempak]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

so true . sometimes all according to plan. anything can still happen, things that are not taken into account previously. while things have certainly become uncertain. the world of bitcoin  it is very unique.

[coinoclock]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

[Snorek]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

And most people seem to forget that we had huge ~30% price rise right before halving and only very slight spike right after it.
If not that bitfinex hack we would have stable $700 by now and possibility of $1000 wouldn't be that far fetched.

[bryant.coleman]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

[OmegaStarScream]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

As far as I know (even If I wasn't there when this happened) , the whole pump happened because the willy bot and nothing else.

[Denker]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

Nah Kim is just talking.
That guy always had a big mouth when pushing his projects.
I pretty sure we will not see the $2000 range next year.We won't be even close to that. If someone could guarantee me a price of $1000 to $1300 I would be totally happy and more than satisfied.
Kimble is and always had been a pumper.

[Caladonian]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

Nah Kim is just talking.
That guy always had a big mouth when pushing his projects.
I pretty sure we will not see the $2000 range next year.We won't be even close to that. If someone could guarantee me a price of $1000 to $1300 I would be totally happy and more than satisfied.
Kimble is and always had been a pumper.

yes mate 1k to 1300$ would be enough for next year if support coming from big investors will come on our way bitcoin will be more recognized by then and will attract more and more interest coming from those who's not yet in this business kim's mouth will have some impact but not that much as he already have known for what he is.

[tyz]

The year has not ended yet ...
Seriously, $2000 is four times more than the current price. Looking at the history of Bitcoin price, I think to achieve $2000 it will pass some more years away until we see this price level.

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

[Yakamoto]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

That's a mighty high goal for something that maxed out at $760-ish during the best time and then slowly drifted downwards. I personally don't think that there was any potential to break even the ATH let alone $2000 this year, maybe in the next few years depending on the market. There is going to be a pretty big mental barrier around $1,000, and I don't know if the market would be interested in breaking that milestone unless there was a massive bull run going.

[bryant.coleman]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

As far as I know (even If I wasn't there when this happened) , the whole pump happened because the willy bot and nothing else.

Nope.. I was active in BTC-e at that time, and I remember what happened. There was a surge in interest from China, starting from late-November. That was the trigger. The Mt Gox guys rigged their order book in early December, and after that we were noticing huge spreads between the Mt Gox and Btc-e exchange rates. At one point, the spread increased to $150 per coin ($1,050 per coin in Mt Gox, $900 per coin in BTC-e).

So what happened... a lot of guys deposited fiat in BTC-e, purchased coins there and moved these coins to Mt Gox. They sold their coins in Mt Gox, but Mt Gox refused to credit the money to their bank accounts. Everyone lost their investment.

[asriloni]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

bitfinex is not the only problem but bitfinex is really the problem,if bitfinex just having better security than just a garbage security,the price of bitcoin will remain 600$ or upper,and also bitfinex's mistake just make so many people losing money by cutting off their balance about 36%,definitely big problem

[Herbert2020]

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

As far as I know (even If I wasn't there when this happened) , the whole pump happened because the willy bot and nothing else.

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

[crossabdd]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

[1Referee]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

[bit1]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

You are right, make predictions very high  can lead to take a bad decision when making an investment, at least by the most inexperienced, for example, those who bought at $1000 each BTC still they have to be disappointed, or worst they sold at a considerable loss.

[coinoclock]

now he is apparently in a fight with McAfee. probably with no outcome but they make some waves in the press. i don't think this will have also an effect on the price unless something big happens there.

[Omega.SportSciencie]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

Scaling can be a way of retarding / slowing down the rise for the right moment they want it to happen.

[bryant.coleman]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

[richardsNY]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

[Mastker]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

[gentlemand]

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

Most of them are black holes and it's impossible to tell what goes on in there. Had it not occurred to you that they might pay their own fee?

[richardsNY]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

As I said before, a good portion of this volume might be fake. But let's do this. I'll make a list of trading volumes of the last 30 days where I cut Huobi and OKCoin's volumes by 70% while all other exchanges their volumes stay as they are.

OKCoin 5,730,000 BTC
Huobi 3,180,000 BTC
BTCChina 2,970,000 BTC
LakeBTC 682,000 BTC
Bitfinex 270,000 BTC
itBit 241,000 BTC
BTC-e 201,000 BTC
Kraken 200,000 BTC

And the list goes on...

[bryant.coleman]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

OKCoin and Huobi were not major players back in 2013. Even BTC China had (real) trade volumes far lower than that of Mt Gox and BTC-e. That said, I am talking about normal trading. The Chinese exchanges were on top when margin trading was taken into account. Also, Huobi inflates their trading data using auto-trade programs.

[oblivi]

The countdown is January 17th, I think that da there will be a press conference where Kim Dotcom will have to explain his so called ""block size wars" solution."

[richardsNY]

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

OKCoin and Huobi were not major players back in 2013. Even BTC China had (real) trade volumes far lower than that of Mt Gox and BTC-e. That said, I am talking about normal trading. The Chinese exchanges were on top when margin trading was taken into account. Also, Huobi inflates their trading data using auto-trade programs.

Maybe that I needed to point it out to make clear what I was referring to, but I'll quote it now.

But right now, I don't believe that any single exchange is having more than 20% market-share.

Even when you take out the far majority of the trading volumes of OKCoin and Huobi, they are still by far infront of other exchanges. And then I haven't even been talking about the fake volumes of the USD exchanges. Let's see what's left from that when you take away the fake volume.

[zimmah]

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

this is one of the main problems, and has been for a while.

there is a lot of disagreement about scaling, and a lot of lies.

even before the halving, we were supposed to have Lightning and SegWit active, as well as at least 2MB blocks.

None of these things happened yet, even though we are much further.

Not only did none of these things happen when they were promised, there is not even any information on when, if ever, they will arrive.

Some people took action and are now making a fork (which in my opinion is the right thing to do), but this might also create some FUD.

bitcoin could have been so much better of if all this didn't happen.

But i think once this FUD is over bitcoin can finally climb, and it will rise to values never seen before, and few people can even dream of.

I would not be surprised to see bitcoin blast all the way to 6 digits the next time it really takes of. And this may happen anywhere between 2017 and 2021 or so.

[TastyChillySauce00]

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

You are right, make predictions very high  can lead to take a bad decision when making an investment, at least by the most inexperienced, for example, those who bought at $1000 each BTC still they have to be disappointed, or worst they sold at a considerable loss.

just don't expect too much,anything which is hyped from the start will lead dissapointment at the end if there's some disadvantages
just see kimdotcom's statement as a speculation by another people,then if it's really give a quite good affect even didn't reach what the speculation just aimed,it'll be fine,some newbie should learn about this

[wavefan]

OMG  !! BTC=$2000 ? i don't know who is Kim Dotcom but pretty sure he'is holding a lot's of bitcoin

[Farma]

OMG  !! BTC=$2000 ? i don't know who is Kim Dotcom but pretty sure he'is holding a lot's of bitcoin

Well, I guess it is predicted very good for us to hear. but until now bitcoin prices still stable, I do not expect too high a price bitcoin, but I expect the price of bitcoin in early 2017 was above $ 1000, and I guess if it really happens, it will make users very happy bitcoin