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Author Topic: BitCoinTorrentz.com - Torrent Download Service  (Read 53042 times)
memvola
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May 23, 2012, 06:14:47 PM
 #481

My two different downloads hanged after 100% progress. One of them died after waiting for several days and the other is still waiting. Does anyone experience this? What is the cause?

EDIT: After adding the same torrent and paying again, it completed instantly (both the new one and the old one).
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Kluge
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May 23, 2012, 06:57:14 PM
 #482

My two different downloads hanged after 100% progress. One of them died after waiting for several days and the other is still waiting. Does anyone experience this? What is the cause?

EDIT: After adding the same torrent and paying again, it completed instantly (both the new one and the old one).

I've never had that particular problem. Just used the service again yesterday for a few different downloads.

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May 25, 2012, 03:10:00 PM
 #483

anyone using chrome portable get this to work?

It hung @ 100% for me also, does this site have a preferred browser?

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May 25, 2012, 04:33:40 PM
 #484

anyone using chrome portable get this to work?

It hung @ 100% for me also, does this site have a preferred browser?
It works great on Chrome for me.

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May 25, 2012, 06:07:16 PM
 #485

anyone using chrome portable get this to work?

It hung @ 100% for me also, does this site have a preferred browser?
It works great on Chrome for me.

I also use Chromium. It sometimes hangs at 100%, but I don't think it's browser related. As I said, when I ask for a re-download on another tab, both downloads complete and provide a link instantly.
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May 26, 2012, 09:04:24 PM
 #486

yea I was able to get it to work correctly the second time, I bought 10gb so I can play with it a little bit.

How is everyone's speed on Friday,Sat,Sun?

I wasn't impressed with the speed but, I still really like the idea and will continue to use it just to support a bitcoin business.

The only thing I could wish for would be SSL so the download was encrypted but if you using a vpn it doesn't matter.

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May 28, 2012, 03:57:12 PM
 #487

The only thing I could wish for would be SSL so the download was encrypted but if you using a vpn it doesn't matter.
if you were using a vpn, why would you bother using this service at all?

It is pitch black. You are likely to be eaten by a grue.

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May 29, 2012, 05:18:13 PM
 #488

The only thing I could wish for would be SSL so the download was encrypted but if you using a vpn it doesn't matter.
if you were using a vpn, why would you bother using this service at all?

I use a VPN from China using this service and sometimes it's faster for me that way.
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June 05, 2012, 11:39:29 AM
 #489


 The site resumed services on the 8/4/12 and future dividend payments will be made on the 8th of the month.


CANT HARDLY WAIT
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June 07, 2012, 07:47:09 AM
 #490

problem downloading "pirate linux.iso"



looks like this for about 30 minutes now

not good Sad

EDIT: a day later now, I reloaded that status page. Download now complete

good Smiley

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June 09, 2012, 05:16:30 AM
 #491

Got the dividend, thanks.
Please keep up with the operational statistics.

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June 10, 2012, 12:46:14 PM
 #492

This month's dividend payment was paid out but haven't had a chance to post the financial statistics till now.

Financial Statistics
Monthly revenue: 12.19448 btc
Dividend/share: 0.01219448 btc
Monthly ROI (at current share price - 0.7btc) - 1.74%
Monthly ROI (at IPO price) - 6.09724%
Total ROI (for IPO investors) - 69.31%

Profit is a little down this month, perhaps due to recent increases in the value of bitcoin or due to large volumes of bandwidth purchases last month that last longer than the dividend payment cycle. I have two suggestions.

1) A moderate decrease in the base cost of the service to 0.045 btc/GB
2) Changing the dividend payment cycle to 2 monthly instead of monthly

Any input would be appreciated.
Would investors still prefer monthly dividend payments?
Do you think the 0.045 btc price level is appropriate?

http://www.bitcointorrentz.com/images/bct_button_117_30.png - BitCoinTorrentz.com: High-speed HTTP torrent downloads. 0.05 btc/gb. Up to 50% discount with free membership!
Ben Walsh (beamer)
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June 10, 2012, 01:21:42 PM
 #493

What are your projections of how usage will change with such a price change ?

How did usage change with previous price changes / deals ?

Are the Usage Statistics for this month available ?

What are your longer terms plans for the company ? Expansion, new services, new features etc ... ?

My gut feeling on the price is that unless competition for the service appears, the price should not be dropped.
The completely anonymous download service this company provides is still unique as far as I am aware.

Regarding the dividend schedule, given the company is still relatively young, I would be expecting to see dividends (and perhaps more importantly Usage Statistics) continue on the monthly frequency, so investors can keep a close eye on how their investment (and the company and you) is/are performing.

A move to dividends every 2 months would, at this stage of the company, unfortunately, be a driver for me to de-invest, possibly completely.

This month's dividend payment was paid out but haven't had a chance to post the financial statistics till now.

Financial Statistics
Monthly revenue: 12.19448 btc
Dividend/share: 0.01219448 btc
Monthly ROI (at current share price - 0.7btc) - 1.74%
Monthly ROI (at IPO price) - 6.09724%
Total ROI (for IPO investors) - 69.31%

Profit is a little down this month, perhaps due to recent increases in the value of bitcoin or due to large volumes of bandwidth purchases last month that last longer than the dividend payment cycle. I have two suggestions.

1) A moderate decrease in the base cost of the service to 0.045 btc/GB
2) Changing the dividend payment cycle to 2 monthly instead of monthly

Any input would be appreciated.
Would investors still prefer monthly dividend payments?
Do you think the 0.045 btc price level is appropriate?

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Kluge
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June 10, 2012, 01:28:27 PM
 #494

My understanding was that 2monthly = 2x per month. I would agree, however, that there is no need to reduce the price, and perhaps a price increase should be considered. As a consumer (as well as insignificant investor)... the price is ridiculously low, to the point where I've considered donating just because I feel like I've robbed you - and I'm a cheapskate in the extreme.

Don't mix your coins someone said isn't legal
Ben Walsh (beamer)
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June 10, 2012, 04:26:58 PM
 #495

Agreed the sentence can be interpreted either way - over to mjcmurfy to clarify whether we are being asked to consider an INCREASE in dividend frequency to once every two weeks or a DECREASE in frequency to once every two months.

Price wise I would be comparing to this service - https://www.giganews.com/signup
Then add a premium for the true anonymity provided from BTC payment for the service.

Looks to me that the current 0.05 BTC/GB price is about right - attractively low to encourage a building of the user base and repeated custom.

mjcmurgy ...

   What is happening with the server hosting ?
   When does the existing contract end ?
   Is that still being provided by you at no cost to the BitCoinTorrentz.com company ?
   How much longer will that continue ?
   How much further can the userbase / usage expand before it will have to obtain it's own server hosting (presumably at the same location) ?
   Should we consider obtaining it's own server to improve uptime / reliability ?
   Do you feel that is impacting userbase growth / usage at all ?
   Do you think it would be beneficial to increase advertising spending ?
   What maximum monthly increase in userbase / usage could the service (you, the server and the software) cope with ?
   How do you think we should go about achieving that ? (Is part of the driver of your question on whether the price should be dropped motivated by that ?)

   Essentially I'm asking if the price were to drop by an "extreme" amount (P%) and we get an increase in usage of >P% (so that overall profit is greater) - what breaks first ?
      The monthly (?) data limit for the server, the bandwidth limit for simultaneous torrent download, the bandwidth limit for simultaneous HTTP completed file download,
      the software, your ability to deal with customer support issues (questions, complaints etc ...), the toleration of other users / services also using the server ?

   The last thing I would want at this time is to drop the price and see an unsustainable increase in usage resulting in the free server resource being withdrawn.

   I'm trying to think ahead to the company operation a year, 3 years and (ever optimistically) 10 years from now :O)


My understanding was that 2monthly = 2x per month. I would agree, however, that there is no need to reduce the price, and perhaps a price increase should be considered. As a consumer (as well as insignificant investor)... the price is ridiculously low, to the point where I've considered donating just because I feel like I've robbed you - and I'm a cheapskate in the extreme.

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June 11, 2012, 07:36:44 AM
 #496

This month's dividend payment was paid out but haven't had a chance to post the financial statistics till now.

Financial Statistics
Monthly revenue: 12.19448 btc
Dividend/share: 0.01219448 btc
Monthly ROI (at current share price - 0.7btc) - 1.74%
Monthly ROI (at IPO price) - 6.09724%
Total ROI (for IPO investors) - 69.31%

Profit is a little down this month, perhaps due to recent increases in the value of bitcoin or due to large volumes of bandwidth purchases last month that last longer than the dividend payment cycle. I have two suggestions.

1) A moderate decrease in the base cost of the service to 0.045 btc/GB
2) Changing the dividend payment cycle to 2 monthly instead of monthly


I'm all for it. Dividends every two month is good enough. Even quarterly, if you ask me.

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June 11, 2012, 08:38:14 AM
 #497

why the share that is paid dividend on the GLBSE is increasing?

are you selling shares for the money paying out as dividend?

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Ben Walsh (beamer)
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June 11, 2012, 11:45:13 AM
 #498

Your question makes no sense. I suggest you rewrite it.

why the share that is paid dividend on the GLBSE is increasing?

are you selling shares for the money paying out as dividend?

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Kluge
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June 11, 2012, 11:55:39 AM
 #499

Your question makes no sense. I suggest you rewrite it.

why the share that is paid dividend on the GLBSE is increasing?

are you selling shares for the money paying out as dividend?
More shares were paid dividends last month than this month. There are 1000 oustanding shares. In May, 507 shares were paid dividends. In June (a few days ago), 554 shares were paid. Outstanding shares are not paid dividends if they are in the Issuer's account, suggesting the Op is selling shares. I don't see Share Issuance talked about anywhere in the contract or bylaws, though I haven't been following this since IPO.

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June 11, 2012, 11:58:06 AM
 #500

imho ALL shares should be paid dividends.
but that's just me.
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