Unlimited is like a Ponzi Scheme
staysaasy.com
Unlimited is like a Ponzi Scheme
1–10 of 146 posts
Re: Unlimited is like a Ponzi Scheme
#2It's not really a ponzi scheme. You're not investing (uploading) your images with an expected return on that investment.
Re: Unlimited is like a Ponzi Scheme
#3I launched MediaFire as an unlimited storage provider in 2006.
While it is true that data accumulates as time goes on, it's not as big of an issue as described. Older data tends to be smaller, for example, photos were lower resolution. That is compounded by the fact that storage is getting cheaper. For example, the price for a 500GB drive in 2006 is the same as a 14TB drive price today. If your getting the same subscription dollars, it suddenly becomes cheaper, every year, to store legacy data.
In my findings, the reason unlimited doesn't work is a small percentage of users (very small, like ~0.1%) who push it to the extreme. In other words, if your exhaust 50% of your resources to service 0.1% of your users, at a fixed subscription cost, the model doesn't work.
Re: Unlimited is like a Ponzi Scheme
#4Does anyone have any good suggestion on an automated way to back up my entire google photos collection?
Currently I use Google Takeout and then upload a ton of zip files to a backup like Backblaze.
But it's tedious as heck and has me maintaining scripts to manage it. Which is the worst because I touch it once a year so I forget everything.
I'd pay money for a business that handles this. I just want my photos safe from a Google tantrum, but I don't want to do the work.
Re: Unlimited is like a Ponzi Scheme
#5It's not really a ponzi scheme. You're not investing (uploading) your images with an expected return on that investment.
Yeah, it seems closer to a "tragedy of the commons" kind of situation. Where a few users deplete a shared resource affecting everyone else.
Re: Unlimited is like a Ponzi Scheme
#6Storage keeps getting cheaper.
A $5/month income per user should allow at least 1TB of storage. If they use unraid (at 20% redundancy) than more like 1.7TB per user and that is not even going into them using used hardware (Not the HDDs but servers) or shunking HDD's which could allow over 3TB per user.
Re: Unlimited is like a Ponzi Scheme
#7Does anyone have any good suggestion on an automated way to back up my entire google photos collection? Currently I use Google Takeout and then upload a ton of zip files to a backup like Backblaze. But it's tedious as heck and has me maintaining scripts to manage it. Which is the worst because I touch it once a year so I forget everything. I'd pay money for a business that handles this. I just want my photos safe fro…
Just a simple google search on terms "github google takeout photos" gives a link to a script https://github.com/TheLastGimbus/GooglePhotosTakeoutHelper plenty of other projects to use or get an idea for your own. Even if you are not a programmer writing a python script is not hard.
The backblaze part you can automate with rclone or 10's of other commercial software or any from this page https://www.backblaze.com/b2/integrations.html
Re: Unlimited is like a Ponzi Scheme
#8I launched MediaFire as an unlimited storage provider in 2006. While it is true that data accumulates as time goes on, it's not as big of an issue as described. Older data tends to be smaller, for example, photos were lower resolution. That is compounded by the fact that storage is getting cheaper. For example, the price for a 500GB drive in 2006 is the same as a 14TB drive price today. If your getting the same subsc…
> In my findings, the reason unlimited doesn't work is a small percentage of users (very small, like ~0.1%) who push it to the extreme. In other words, if your exhaust 50% of your resources to service 0.1% of your users, at a fixed subscription cost, the model doesn't work.
How do you handle such users at MediaFire?
Re: Unlimited is like a Ponzi Scheme
#9Does anyone have any good suggestion on an automated way to back up my entire google photos collection? Currently I use Google Takeout and then upload a ton of zip files to a backup like Backblaze. But it's tedious as heck and has me maintaining scripts to manage it. Which is the worst because I touch it once a year so I forget everything. I'd pay money for a business that handles this. I just want my photos safe fro…
Just a simple google search on terms "github google takeout photos" gives a link to a script https://github.com/TheLastGimbus/GooglePhotosTakeoutHelper plenty of other projects to use or get an idea for your own. Even if you are not a programmer writing a python script is not hard. The backblaze part you can automate with rclone or 10's of other commercial software or any from this page https://www.backblaze.com/b2/i…
Thanks. I've done all of that and is what I'm trying to avoid.
Re: Unlimited is like a Ponzi Scheme
#10It's a hustle but not really a Ponzi scheme.