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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
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Join Date: Jan 2010
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Bitcoin Style Myfreecams
This is for the people who are into bitcoin, not for the haters.
Anyways, the idea is pretty simple, make a webcam site like MyFreeCams but use bitcoins instead of tokens. Deposits can happen instantly and Models can withdraw instantly. You can take a cut of each transaction. No middle man involved. If you need funding to start it up, you can list your business on the GLBSE (Global Bitcoin Stock Exchange). You distribute shares and people buy them. You can then split your profits among your shareholders whenever you want with a click of a mouse. The GLBSE is very new and noone knows about it but I think it will be pretty big in the future. (if bitcoin keeps truckin anyways) I know for a fact that there are companies on the GLBSE that are just in the business of investing into other companies on the GLBSE. Most of the companies on there now are shady and the ideas don't really catch my attention. Here is the chart. http://charts.glbse.com/markets/ All stocks are traded in bitcoins, so if a share is at .1 per share its about a dollar. I guess the only problem would be getting models interested in the idea. Of course it is a little niche now but it is dominated by males mostly and some of them have alot of bitcoins. (around 7 million of them out there.) Anyways, just an idea. I don't have the knowledge or the patience to follow through with something like this. If you decide to do something like this, throw me a few shares or something. ![]() Peace. Mike (waits for hateful replies) ![]() |
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#2 |
BANNED
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Why would it be hateful to say "if Mastercard represents 30% of transactions roughly... why they fuck is anyone going to try to target .0000000000001%"?
You thinking someone is going to make a living off of 1:10,000,000,000 conversions? Just curious.
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#3 |
Beer Money Baron
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I'm not a bitcoin fanboy but I like your thinking anyway! Don't ever let haters sway you.
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#4 |
BANNED
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You can't bill in a currency that is super rare to the point of being almost non-existent and convert traffic. That is already a non starter. Furthermore, rates are in flux and you can't pay models, webmasters, ads/adwords etc based on a currency of highly fluid value and that is constantly moving up and down against their own native currencies. Particularly when its moving up and down all day long or when someone gets hacked, it completely tanks and loses a huge % of its "value".
Just because a guy dreams of flying to the next galaxy on his pony, doesn't mean he's a visionary.
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#5 |
Too lazy to set a custom title
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I'd like to see you try and pay models in bitcoins and not real money.
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#6 |
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why not offer it as an alternative to your existing payment method even if its very small tiny niche alternative for instance? it doesn't require million dollar investment for integration either. with a service like bit-pay.com offers it's possible to convert 'instantly' to USD so you won't even have a need to explain to models what is bitcoin and why you want to pay them with it.
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#7 | |
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#8 | |
BANNED
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Quote:
I would say based on experience that you can't pay webmasters, models etc in an unstable currency. If you've done business globally and had to deal with inflation and currency fluctuations between countries and currencies, you understand how quickly it can all turn upside down.
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#9 |
SZNY
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So how you going to payout the models/studio/affiliates and payout the company expenses. Is there already some bank that accept bit coins?
Sorry for there questions but my knowledge about bit coins is zero, read something about it (harvesting) but couldn't find anything about converting it into real bucks like transferring it to bank accounts.
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#10 | |
BANNED
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If their value is all over the place and can drop to zero at any given second, its a moot point. You can't charge X.XX/min if you have no idea what the value of that is You can't ask models to work for 30% of some yet to be determined value You can't ask webmasters to send traffic to something thats not going to convert and when its clear you might easily not get paid should something go wrong with bitcoins If you can't pay webmasters in 2 weeks because you don't know how much your cash on hand will be worth, its a moot point. If you can't pay models in 2 weeks because you don't know either what the cash you have on hand is going to be worth or how its going to fluctuate against their currency, its a moot point. Currencies moving against each other can wipe out a substantial amount of value in minutes. You have to pay russians, czechs, columbians etc and bitcoins have to be stable against their currencies. Or you have to pay everyone in $ or Euro or some stable currency and deal with the continual problem of bitcoins rising/falling value against the dollar or Euro. They themselves aren't that stable right now.
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#11 |
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and also, here's the thing about "haters". It should be a non issue for someone to point out problems, flaws obstacles etc. If it has to be dismissed as "hating" instead of addressed with a well thought out, well reasoned answer, then its either a bad idea or its an idea that needs better leadership.
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#12 | |
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#13 | |
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1. automatically adjust and offer customer Bitcoin price based on current exchange rates of your preferred currency 2. convert Bitcoin payments instantly into your currency of choice. Both points can be solved with some programming and or implementing existing solutions. Also worth noting: Bitcoin offers very cost-effective solution to transfer funds from point A to point B unlike existing methods which are much slower and more costly. It becomes even more apparent when dealing with bitcoins where you transact almost instantly and almost for free (I say almost free as it is not always the case) and then after I convert bitcoins to USD, funds movement slows down significantly while at each turn chunk gets bitten off by various fee percentages.
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#14 |
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yeah its true that for bitcoins to pay you just have to enter and address and boom youre done, but with credit cards you just have to put in a number and name and then boom there it is
not much of a difference |
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#15 | |
SZNY
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Quote:
Are there already 18+ online companies using bit coins into their cashing/payout streams?
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#16 | |
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Quote:
![]() You can't run a business based on that. ![]()
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. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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#17 | |
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Quote:
I'm not trying to be a leader, just throwing out ideas. My idea is MyFreeCams but with bitcoins. It will happen sooner or later you watch. Will it last who knows. ![]() |
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#18 | |
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#19 |
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No doubt that bitcoin had a bubble, but that was because of the huge media blitz that brought it into the mainstream. Its followed that chart almost exactly. As posted before though, with services like bit-pay where you can get into cash quickly, you are not subject to crazy market fluctuations.
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#20 | |
SZNY
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Quote:
Most studios and especially webcam models have no clue what a bitcoin is, they just wanna see money on the bank, but if it drives them more biz they will definitely go for it
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#21 | |
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Quote:
also runs Stare magazine https://gfy.com/showthread.php?t=1031318 http://www.staremagazine.com/ He got involved with bit-pay.com after getting bitcoin payment solution done on his site by them
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#22 |
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also worth mentioning that there are many ways converting bitcoins to USD and other currencies. Existing large bitcoin exchanges utilize online wallet solutions such as Dwolla, Paxum, Liberty Reserve and some others that I don't remember atm.
Methods of acquiring bitcoin become easier, for instance one US based bitcoin exchange allow anyone to deposit cash through Chase and Wells Fargo branches anywhere in the US. - I'm a bit skeptical how long it can go on, but could also not find any reason how it could be shutdown easily. There are also Bitcoin ATMs being developed and smartphone solutions for people to be able to pay with bitcoins. All these news indicate that using bitcoins for average folk will become very easy with time.
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#23 |
RIP Dodger. BEST.CAT.EVER
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hahhhahahahaha,
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-uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya! |
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#24 |
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Join Date: May 2006
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>>My idea is MyFreeCams but with bitcoins.
This is a natural match for many reasons. What we ultimately need first however, as others have mentioned, is relative stability in the Bitcoin/USD exchange rate. Only time will tell, but my thoughts are that Bitcoin will ultimately succeed in some form or another. Rather than seeing a brand new Cam site based on Bitcoin payment method take the field, I think we'll see one of the exiting Cam operations step up and begin offering Bitcoin as an option for Models/Affiliates/Studios. Again, before this happens we must see the Bitcoin/USD exchange rate become relatively stable. We are getting there, slowly but surely. |
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#25 |
working on my tan
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I just don't see it, sorry.
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#26 |
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fluctuations too unstable to base any real business around.
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#27 |
( ͡ʘ╭͜ʖ╮͡ʘ)
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Dumb fucking post
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#28 |
🚨 PBBC International 🚨
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Bitcoin is a failure.
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#29 |
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how many people even know about bitcoin, let alone use it? 1% maybe 2-3% tops? why would you limit your market to such a degree?
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#30 |
( ͡ʘ╭͜ʖ╮͡ʘ)
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People on GFY know about it them... as an annoyance. Virtual currency that doesn't exist. The only douche cunt making money off of these, and I mean real money is the guy that invented something from nothing. The rest of the people investing and mining them? Worker bee idiots.
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#31 | |
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#32 |
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#33 |
( ͡ʘ╭͜ʖ╮͡ʘ)
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#34 |
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Thats ok, you're just the type to jump on when its safe. The world needs Beta males too.
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#35 |
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i would rather put my trust in gold and silver than these virtual currencies backed by nothing ... which oddly enough is just like fiat currencies.
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#36 |
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There's actually someone with a bitcoin sex toy site that I found the other idea. I don't think this is a bad idea tbh. Just don't expect it to ever get huge. You could make nice money on it, though.
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#37 | |
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I have gold and silver too, but its pretty useless when it comes to being a currency. It just sits in my dam cabinet and if I want to sell it its kind of a hassle. |
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#40 |
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#41 |
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#42 |
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23,061 bitcoins have been transacted in the last hour or about $253,000 worth. http://bitcoinwatch.com/
Not bad for something that was virtually unknown a few months ago. |
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#43 |
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No the code makes it so that there is a limited amount and cannot be manipulated. Even gold and silver can be manipulated. Fiat money isn't bad, its the people in charge of the supply of it that are bad.
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#44 | |
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"Where's money? I show pussy all day. Where's money?" ![]()
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I'm out. |
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#45 |
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i guess we will have to agree to disagree with naysayers . you laugh at bitcoins being dumbest idea, i laugh at you for being so closed-minded .
you say currency should be backed by something. what are current fait currencies are backed by? - say tomorrow hits inflation or super inflation where $10,000 for instance will be the cost of loaf of bread, will the govemrent inflate our savings accounts too since you believe they are backing their own currency? - i highly doubt they will back us and our savings. you and everyone else will be fucked for fuckups and greed of those who are in power and control. and you keep laughing at something new that offers semi-transparency and accountability. bitcoin production supply is predicable, governed by strong math principles, you simply can't inject more of them at will. you can't double spend them also - and you see no benefit of it? LOL it's pointless to even argue with yous. if you have no interest in the subject or don't believe it has potential, simply stay out of these threads, save your time and energy to make more wealth for those who are in power in control of your lifes.
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#46 |
Beer Money Baron
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I can't really laugh too hard at somewhere around $100,000,000 (million) USD worth of bitcoins in circulation, so there's definitely something to it.
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#47 | |
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#48 |
They left the door open
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Its all a scam, stay far away from this.
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#49 | |
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I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls... |
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#50 | |
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I was able to trade dollars for bitcoins and back, and i was able to use some service paid for by bitcoins. every transaction went as expected. is there something we should be aware of and cautious about - let us know, much appreciated!
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