Quote:
Originally Posted by adultmobile
Those bitcoin threads are popular after all.
I found a couple of cam sites accepting bitcoins and by reviews and observation of the site while running, they don't have enough sales. Bitcoins are used in online poker or gambling, drug dealer, as is illegal to do this with cc's, there is absolutely no other choice than use bitcoins to pay.
To buy normal stuff such as cams you can do it with cc, so why do it with bitcoins... and users love the fact they can chargeback with no reason, don't forget that.
Accepting bitcoin is like adding a phone biller or voucher card. We added pay by phone long ago (both gxbill and global-access), result: +0.001% of sales, few hundred dollar a year extra... while with cc's we process several $million.
People can pay with cc, so they use cc's simply, despite everyone got a cell or fixed phone (bitcoins is not as popular as phones yet). We added only a dozen of europeans paranoid about cc's, who used phone and voucher cards, nice but no +1% even.
So for gambling, drugs, and perhaps file lockers (after AK shut down all the cc pay options), there is no other choice than bitcoins, so you make volume in bitcoins, what else they can use!?
Perhaps revenue share in bitcoins can attract. Who own bitcoins is a collectors and wants to get more, not to spend: they sell when price high to re-buy when price low. Not buying service with bitcoins, unless unavailable with cc as drugs, gambling.
So rather than say "spend your bitcoins in this legal service you can buy with cc too", which does not happen... say: "get 50% of bitcoins spent by guys you send to our (cam) site". Message is: we give you a way to make bitcoins easier than mining or trading. Someone may promote this in hope to get bitcoins, but, I think really this promotion will cause more cc sales than bitcoins sales anyway, for reason explained above. Even who got bitcoins, will prefer to use his cc to buy a service, than his precious coins.
I told the developer of one of our cam sites to make a bitcoin revshare system as above (to pay in bitcoins directly the affiliate, no exchanges to/from dollars, so we're not targeted by govt's and banks as exchangers). I am unsure if he will do, it is optional task and depends how much he's fascinated by bitcoins and for how long.
If we launch that, I may publish bitcoin sales here unlike some others, so to have real numbers about adult service paid really in bitcoins.
|
That's a really interesting post, thanks!
It's an emerging technology that will take time to evolve, I don't see it becoming a widely used currency ever unless it's adopted much quicker. It is a great invention for the transfer of money quickly which is the main point that I believe banks will find a way to implement.
It's ridiculous in this day and age how long international wire transfers can take
VCs are putting money into Bitcoin but TBH it's only pennies, CoinLab got $5 Mil the other day but that's nothing in VC money.
It'll be interesting to see what the VC startups build within the next few months but IMO it'll take big VC money to get behind big ideas to make adoption much quicker. If someone managed to make the whole thing idiot proof they could do well.
It'll be worth watching how the Coinbase owners business does over the next 1 - 2 years & he's launching in the UK soon.
Quote:
Originally Posted by Brian837
so fucking funny that anytime someone puts dumbass franck in his place he just blocks that person HAHAHA, I can remember at least 10 times he flat out got owned and could not reply because he was so fucking wrong and it is either a crying baby picture or you get blocked lol
|
It's a trait of the arrogant
Give it a few more weeks and everyone else on GFY will be on ignore LOL