Megaupload + Bitcoins

[Sundark]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

It almost surely mean than price will go up. Maybe not to $2000 as Kim predicted but some price boost will be clearly visible.
And we need that kind of publicity to bolster bitcoin position.

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[randy8777]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

for people the idea in combination with a well known person on top of the project is enough to get the speculation train moving. those who really believe in the $2000 talk of kim dot com to happen next year, are nothing more than sheeps. even at full success it won't bring the price even to the $1000 level. traders look through these things. remember the winklevoss dudes? their gemini exchange ended up in a big disappointment. they were too loud even before they launched their exchange. same is basically happening with mega.

[Senor.Bla]

Someone people have doubts about his solutions at the moment (I have some doubts myself as well) but I trust the guy so let's just wait and see.

What solutions are you talking about ? He is not solving shit.From what I know,he will solve bitcoin scaling problem by inventing a system called Bitcache.Yes,the file uploads will be charged with micro payments which according to him enforce the use of bitcoins and thereby sky rocket the bitcoin prices.Apparently,they would go up 2k+ after the launch of Bitcache.

Only thing I'm afraid of here is Bitcoin gaining a bad reputation from this whole deal , If Megaupload 2.0 will be successfull like Megaupload 1.0 used to be and then goes down... then a lot of people will point to Bitcoin (mostly the Media)

He is supporting the operation by solving the scalability issues as he puts it!Don't think its bad for bitcoin in any possible way that I'm aware of.You can have a look his tweet,its quite hypothical.

This is a good news and finally Kim had made his move. 3 months ago there was only a declaration on tweeter but right now he is naming his program. This is a good news to bitcoin users and the probability of it doubling its market value per coin is  very probable. This will lead to people buying more coins in anticipation to the coming of bitcache. Thus even before the launching bitcoins price will skyrocket already.

what move did he made? another meanless tweet? and how is this going to triple the price? even the halving, that was supposed to bring us to the moon, had not such a big effect. but at least it was certain to come, not sure about bitcache.

[BitLinkInvestments]

Ive been following his case for a while now.  He seems dedicated,  I am hoping everything he wants to accomplish for Bitcoin and Megaupload comes true.  It would benefit the Bitcoin community and definitely affect the value of Bitcoin in a good way.

[traderbit]

I don't know guys if you have seen the recent interview of kim dotcom for @RT https://www.youtube.com/watch?v=XQRQdNvja00 Watch at 21:30 where he explains what will be the new megaupload, how will it work, how private will the files be etc. He mentioned also bit cash, micro payments in bitcoin so I'm very excited to see what really he will reveal soon.

[isen]

Even though Kim is obviously over hyping and the 1 Bitcoin = $2000 thing is nothing more than speculation,I am really interested to see what he has in his mind i believe that he can offer something new and revolutionary.Whatever it is i hope it will be successful and much bigger than Megaupload v1 was,we will see in 5 months from now.

[lawnmowerIO]

Kim Dotcom revealed some more info today. Check this interview posted on reddit. According to the comments, seems like it's going to be some kind of referral system with bitcoin payments.

[X-ray]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

It almost surely mean than price will go up. Maybe not to $2000 as Kim predicted but some price boost will be clearly visible.
And we need that kind of publicity to bolster bitcoin position.

i don't think a release of a new site could affect that much,it's just a speculation,even when russia officially accepting bitcoin the price just rising a little and megaupload is just a small thing compared to when russia legalising bitcoin,price boost is far to be happening or even will not going to happen

[Doamader]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

It almost surely mean than price will go up. Maybe not to $2000 as Kim predicted but some price boost will be clearly visible.
And we need that kind of publicity to bolster bitcoin position.

The costumers of megaupload if they know and join bitcoin will be insane how the market will react, and well its amazing to see another big project of a person who build fortune over his project, megaupload were the biggest place to share information, and get paid for it. I do believe those new community bitcoiners will have a good impact over price, around 20-30% an increase.

[danherbias07]

Kim Dotcom revealed some more info today. Check this interview posted on reddit. According to the comments, seems like it's going to be some kind of referral system with bitcoin payments.

Ergh referral system again. I am not good with that. I hope they could come up with something else. Some people dont trust clicking links that goes to referrals. They are lazy to create an account just for you. Thinking it is just another pyramid investing. Hmph.

[azguard]

Still this launch dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

It almost surely mean than price will go up. Maybe not to $2000 as Kim predicted but some price boost will be clearly visible.
And we need that kind of publicity to bolster bitcoin position.

i don't think a release of a new site could affect that much,it's just a speculation,even when russia officially accepting bitcoin the price just rising a little and megaupload is just a small thing compared to when russia legalising bitcoin,price boost is far to be happening or even will not going to happen

that is my speculation to dont think we can hit 2k that fast after this launch over 1000 is quite possible to see but still have some doubts maybe im wrong but i would be happy if price goes 50% up from current after this

[Senor.Bla]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

It almost surely mean than price will go up. Maybe not to $2000 as Kim predicted but some price boost will be clearly visible.
And we need that kind of publicity to bolster bitcoin position.

i don't think a release of a new site could affect that much,it's just a speculation,even when russia officially accepting bitcoin the price just rising a little and megaupload is just a small thing compared to when russia legalising bitcoin,price boost is far to be happening or even will not going to happen

russia legalizing bitcoin is sure nice, but it does not really bring new customers. surly a relief for the users. but this effects primarily the bitcoiners from russia and how many are there?. i have have no number for that but i have read about 30 000 bitcoiners in india, so this is not to many. with MU2 we have a potential of millions new users. that is a difference.
but do not get me wrong. i am very skeptical about kim and his plans. he is not our savior and this might end up as another of bitcoins big pump and dumps.   

[umhhppp]

I think it would be a great mix, bitcoin being a payment processing system with no identifications or restrictions and with megaupload being in a shady teritory I think both of them would fit just fine..idk about the success of linking a payment tx with the download link though.

[pearnapple]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

of course it does not mean that the price would surely go up but i think it is really possible, i hope that it will make me some decent money

[Slark]

I watched this new video interview with Kim and I noted some crucial info he said about this project:

"We will not know our users, we will not know the contents of the files, will won't have upload IP address for any files uploaded to the servers so it will be the most private cloud system ever invented.
And on top of that we will have solution called Bitcache where every file transfer is linked to micro bitcoin transaction. We utilizing the blockchain, we utilizing this new digital currency and linking it to every file transfer."

This is what Kim said about Bitcoin in this presentation. So what do you think now?

[springgers]

I like the project and the system, Having the download links seen with the transaction would guarantee consistency IMO and would mean the links would be accessible as long as the bitcoin network is visible, it would be tricky to do that on the technical aspects though imo.

[azguard]

I like the project and the system, Having the download links seen with the transaction would guarantee consistency IMO and would mean the links would be accessible as long as the bitcoin network is visible, it would be tricky to do that on the technical aspects though imo.

That is the main problem if that is solved well then pruce can be sky high. That is my main consern right now just to work fine is good if work more then fine btc might be higher then 2ķ

[twerdefnce]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

well yeah it does not mean that it is going to become big though i still hope that it is going to make the price booming and make us profit

[rapazev]

Still this launc dont mean that price will go up i think that if this comes well wich i hope that it will we can expect some change in price but not that much

nothing can make sure the price will go up, but what kim "dotcoin" claim to solve is huge, and that would definitely probably make the price go up.

[LoyceV]

"We will not know our users, we will not know the contents of the files, will won't have upload IP address for any files uploaded to the servers so it will be the most private cloud system ever invented."

This only raises more questions: How do you upload without the server knowing your IP address? If they don't know who uploaded what, and they also don't know what files they have, how can they ever delete anything? Will they only keep adding without ever cleaning up? And if they do delete old files (without knowing what's in it, and without knowing who uploaded it), you can't trust them as a cloud service to keep your files.

Currently I have a free 1 TB cloud service at my disposal, and I never use it simply because uploading is too slow. Most home users will have this limitation. Downloading is much faster.

"And on top of that we will have solution called Bitcache where every file transfer is linked to micro bitcoin transaction. We utilizing the blockchain, we utilizing this new digital currency and linking it to every file transfer."

Blockchain can only handle 7 files per second, and most blocks are full already. I assume these micro transactions won't be on the blockchain, and yet, he says it's on the Blockchain.