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Author Topic: [2016-12-30] New Image Hosting Service Pays Thousands of Uploaders in Bitcoin  (Read 719 times)
tyz (OP)
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December 30, 2016, 01:49:31 AM
 #1

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/
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December 30, 2016, 05:44:14 AM
 #2

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/

Wow awesome! Great to see new services that use bitcoin. Online services should all be paid in digital currency so that everybody has a better way of cashing in or out of the service. Hope to see more of these to come-out. I would definitely look into this service. Maybe I can earn a buck or two from it. Let's see. Grin
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December 30, 2016, 09:49:26 AM
 #3

Quote
the fees charged by traditional payment services such as Paypal would make the business model unviable
This stupid tard service should be abandoned forever

Quote
In the one month of operation, the service is off to a strong start. “The user base is around 2000 users since we launched a few weeks ago on Reddit
“around 70% of the users are active.”
As we stand now, we are only doing image monetization but we are going to focus on broader content monetization such as, files, documents, videos, and a few other options in the coming months.

It appears that the site had a nice start and had a plan to expand its service, i will think to use it once I have something to upload, good luck for them

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December 30, 2016, 09:55:17 AM
 #4

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/
This is exciting! it is much better for anyone who wants some btc than faucets who pays peanuts.
I will have to check the site to get more details like minimum payout threshold etc

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December 30, 2016, 10:00:38 AM
 #5

This is exciting! it is much better for anyone who wants some btc than faucets who pays peanuts.
I will have to check the site to get more details like minimum payout threshold etc

It is already mentioned in the article that they are sharing 50% of their ads revenue and that the minimum threshold is $1

Quote
There is a $1.00 minimum to withdraw. However, once earnings are finalized, bitcoins can be withdrawn at any time, according to the site.

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December 30, 2016, 04:31:48 PM
 #6

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/

This is something really positive for BTC and definitely helps that a large number of new users for the first time find out for BTC.People use these sites daily and the idea that in addition to use image hosting service they get pay for that is very nice.

I will try out this service and spread the news.It would be great that this service succeed and to attract as many new users in cryptocurrency Smiley

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December 30, 2016, 06:04:23 PM
 #7

This is exciting! it is much better for anyone who wants some btc than faucets who pays peanuts.

I could be wrong, but paying users through advertising revenue is exactly the same business model employed by faucets.  As such, I can't imagine the payouts for this being vastly better than faucets.  It even says in the article "payouts are typically very small".  Also, if users are embedding the images they upload directly onto forums and social media, where do the advertising revenues even come from?  Surely people viewing the images would have to visit the page with the ads displayed on it for it to be profitable?

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December 30, 2016, 11:55:52 PM
 #8

I would try this website for a test purpose this week, I am very curious how this work and how you can get pay in bitcoin of using it. But what I enjoy the most in the bitcoin ecosystem, new service come to the surface every day and create new ways to make money Wink

Someone on the forum is using it and get pay?


maku
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December 31, 2016, 12:09:13 AM
 #9

While their business model is not exactly that much different that existing picture hosting sites but the use of Bitcoin is definitely interesting.
I wonder if Supload - is harbinger of new era of services powered by cryptocurrency, with MegaUpload2.0 on the horizon it sure seems so.
But from the other hand - they paid ONLY 2 BTC, even currently when BTC price is skyrocketing it is less than 2k USD.
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December 31, 2016, 11:04:33 AM
 #10

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/

2BTC is a pretty small amount, for a website to pay out. Some of the signature campaigns here have a higher budget.
That said, if this can get new users to Bitcoin, nothing like it.


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December 31, 2016, 11:23:05 AM
 #11

When I first saw this I thought wow such a nice idea to get bitcoin for uploading but I remembered that I must pay to my ISP if I upload or download more than 12GB in a month and only have free internet from midnight till dawn, still if I see more activity around this thing I'll definitely try it out.

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December 31, 2016, 04:51:44 PM
 #12

I could be wrong, but paying users through advertising revenue is exactly the same business model employed by faucets.  As such, I can't imagine the payouts for this being vastly better than faucets.  It even says in the article "payouts are typically very small".  Also, if users are embedding the images they upload directly onto forums and social media, where do the advertising revenues even come from?  Surely people viewing the images would have to visit the page with the ads displayed on it for it to be profitable?
All your answers would have been answered if you had just looked at their front page. They only pay for links to the site. If you post popular images that gets thousands of views then it will be much more profitable for advertisers than if the same user is clicking reload on the same page every 15 minutes. Also, this is much more interesting to look at than just ads: https://supload.com/B1RQtimre
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January 02, 2017, 04:54:48 PM
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When I first saw this I thought wow such a nice idea to get bitcoin for uploading but I remembered that I must pay to my ISP if I upload or download more than 12GB in a month and only have free internet from midnight till dawn, still if I see more activity around this thing I'll definitely try it out.
I am wonderful whether you said it right since we are living in 2017 and still you have a limited connection  Huh may i know which country you are from since major of the ISPs world over are competeting with competitive prices for unlimited connection and you are stuck with a limited connection.
The service mentioned came up with a good concept and hope they will adjust the payouts according to the soaring bitcoin price.  Wink
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January 03, 2017, 03:47:52 PM
 #14

I think it is a respectable amount for an one month old service that is still little known. There is a strong competition in image hosting market. It is difficult to attract new users. Especially if the number of possible users (= Bitcoiners) is very limited.

New Image Hosting Service Pays Thousands of Uploaders in Bitcoin

Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. He recently announced that his site paid out “nearly 2 BTC worldwide to our users, including many first time Bitcoin users.”

https://news.bitcoin.com/new-image-hosting-service-pays-thousands-of-uploaders-in-bitcoin/

2BTC is a pretty small amount, for a website to pay out. Some of the signature campaigns here have a higher budget.
That said, if this can get new users to Bitcoin, nothing like it.
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January 03, 2017, 06:27:06 PM
 #15

We need more services like this to distribute bitcoins to stimulate Bitcoin adoption. One of the strongest features of Bitcoin could be micro

payments in the future, once the scaling solutions have been implemented. { LN and SegWit } ...We will see a lot more services like this

doing this, once this is sorted out.  Wink

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tyz (OP)
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January 04, 2017, 09:20:59 AM
 #16

You're right.
I have been reading such statements for several years and there really is not much happening. Crypto currencies in general, not just bitcoin, is ideal for such types of services. I also suspect that there is still no real demand market for this yet. People still need to understand the benefits of crypto-currency first.

We need more services like this to distribute bitcoins to stimulate Bitcoin adoption. One of the strongest features of Bitcoin could be micro

payments in the future, once the scaling solutions have been implemented. { LN and SegWit } ...We will see a lot more services like this

doing this, once this is sorted out.  Wink
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