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Author Topic: Kim Dotcom looking for suggestions on payments  (Read 9157 times)
Realpra
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July 12, 2012, 12:23:08 PM
 #61

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

Cheap and sexy Bitcoin card/hardware wallet, buy here:
http://BlochsTech.com
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waspoza
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July 12, 2012, 01:05:13 PM
 #62

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

They are being "persuaded" by MPAA/RIAA probably.
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July 12, 2012, 01:44:56 PM
 #63

i am also sceptical the coinlabs model will work in the light of modern FPGAs, and possibly soon ASICS.
maybe it was a good idea 6 Months ago, but the coming massive diffculty increase with reward halving makes it look like a weak model.
unless you count people overpaying by 15x with their electricity for music/games.

Why do you anticipate a difficulty increase with reward halving in december ? Unless the BTC price doubles, I would anticipate the opposite, miners dropping out.
Only FPGAs and ASICS will cause a (gradual) difficulty increase but we may not see it until mid 2013.
Right now, difficulty is below were it was a year ago.

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July 12, 2012, 02:23:29 PM
 #64

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

They are being "persuaded" by MPAA/RIAA probably.
+1
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July 12, 2012, 02:28:39 PM
 #65

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

They are being "persuaded" by MPAA/RIAA probably.

Paypal is most definitely in bed with the MPAA/RIAA. In addition, at heart they are just another ridiculous US-based financial institution that is far far more concerned with regulations and bureaucracy than they are with satisfying their customers.
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July 12, 2012, 04:45:16 PM
 #66

Great article on Forbes
Kim Dotcom's Pretrial Legal Funds Would Be Safe With Bitcoin
https://bitcointalk.org/index.php?topic=92934.0

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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July 12, 2012, 08:43:22 PM
 #67

Kim Dotcom needs ISP with big farm for his services, so the first thing that you have to do is convince an ISP that accept Bitcoin as payment.
After that Kim Dotcom will be really happy to accept Bitcoin as payment system. Convincing Kim Dotcom is the last step.

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July 12, 2012, 09:50:31 PM
 #68

From@KimDotcom  Grin
BREAKING NEWS: 30 sec of the Mr President song (iPhone recording). The Anthem of Internet Freedom - Coming soon.
http://soundcloud.com/kimdotcom/mr-president-sneak-peek

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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July 12, 2012, 10:10:26 PM
 #69

Kim Dotcom needs ISP with big farm for his services, so the first thing that you have to do is convince an ISP that accept Bitcoin as payment.
After that Kim Dotcom will be really happy to accept Bitcoin as payment system. Convincing Kim Dotcom is the last step.

to solve this problem he just really needs to create a great distributed, p2p platform.
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July 13, 2012, 02:24:44 AM
 #70

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

They are being "persuaded" by MPAA/RIAA probably.

Maybe the MPAA and RIAA are really on our side and are trying to help Bitcoin, because they have money with Pirate and want the price to skyrocket.

Time is more valuable than money. You can get more money, but you cannot get more time.
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July 13, 2012, 02:59:39 AM
 #71

Thread jacking: Why are paypal trying to kill themselves with dropping so many sites?

They must be aware of BTC, yet they push users towards it.

They are being "persuaded" by MPAA/RIAA probably.

Maybe the MPAA and RIAA are really on our side and are trying to help Bitcoin, because they have money with Pirate and want the price to skyrocket.

Except the price skyrocketing is bad for pirate if I remember his posts correctly.

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July 13, 2012, 06:12:49 PM
 #72

From@KimDotcom  Grin
30 seconds of Mr President video - sneak peek. Retweet Smiley
http://twitter.com/KimDotcom/status/223806286947549184

I believe he will be definitely on the bitcoin side

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July 13, 2012, 06:21:49 PM
 #73

most of the time i would guess he is the one moving down the price.
FTFY
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July 14, 2012, 10:37:14 PM
 #74

I think this article should be here
http://torrentfreak.com/paypal-bans-major-file-hosting-services-over-piracy-concerns-120710/

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July 15, 2012, 12:07:17 AM
 #75


So if someone repeats FUD long enough it will magically turn true?
The blockchain size is only a hypothetical issue.
Even my cellphone could handle a full client for the next few years.

Back to subject, I hope the Kim realizes that when he had done MegaUpload using Bitcoins, the FBI would had a hard time freezing those.


This sort of reminds me of the guy who said that the worldwide demand for computers would be four or five, and they guy who decided that 4x10^6 IPv4 addresses should be plenty.  The chief difference is that the guys who made these two mistakes give every indication of having been clever people who understood the technology and the market space.

But thanks for reminding me that I would prefer that I would like my store of wealth to be more reliable than my cell phone service so my speculative bet is in Bitcoin and my nest egg is something else.

And I suspect that Mr Dotcom will have as little trouble as almost anyone at assessing the pros, cons, possible risks, and likely rewards of adopting Bitcoin.  But it won't hurt to bless him with your wisdom I suppose.  Maybe he'll caught up a consultant's fee out of thankfulness...but don't hold your breath.


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July 15, 2012, 05:49:29 AM
 #76


This sort of reminds me of the guy who said that the worldwide demand for computers would be four or five, and they guy who decided that 4x10^6 IPv4 addresses should be plenty.  The chief difference is that the guys who made these two mistakes give every indication of having been clever people who understood the technology and the market space.

There are enough. More than enough, even with rich companies hogging entire address ranges with their class A networks. It's called NAT.

So anyway, I've read through this and the articles online and it seems he is completely ignoring the bitcoin suggestions and everyone is ignoring that he is ignoring them. I don't use twitter though. Thoughts on this?

tbcoin
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July 15, 2012, 07:26:04 AM
 #77

No one has invited him by twitter to join this thread?

Could be interesting

Sorry for my bad english Wink
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July 15, 2012, 12:13:33 PM
 #78

he's probably butthurt about bitcoin because one million people asked him 'hey why didn't you use bitcoin?? you would still have all your money!'
mccorvic
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July 15, 2012, 12:21:49 PM
 #79


This sort of reminds me of the guy who said that the worldwide demand for computers would be four or five, and they guy who decided that 4x10^6 IPv4 addresses should be plenty.  The chief difference is that the guys who made these two mistakes give every indication of having been clever people who understood the technology and the market space.

There are enough. More than enough, even with rich companies hogging entire address ranges with their class A networks. It's called NAT.

So anyway, I've read through this and the articles online and it seems he is completely ignoring the bitcoin suggestions and everyone is ignoring that he is ignoring them. I don't use twitter though. Thoughts on this?

I just figured he was the average twitter user: just scream endless into the void and hope someone cares....without actually caring what others on twitter say Cheesy

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July 15, 2012, 12:50:20 PM
 #80

So anyway, I've read through this and the articles online and it seems he is completely ignoring the bitcoin suggestions and everyone is ignoring that he is ignoring them. I don't use twitter though. Thoughts on this?


How can he be ignoring those suggestons if he is retweeting them? Huh
Have you seen him retweet any other payment provider suggestion besides Bitcoin?
He also retweeted Matonis article on Forbes. https://twitter.com/ForbesTech/status/223409880755740672

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