Porn.com: Porn is Bitcoin's 'Killer App' - GoFuckYourself.com

DVTimes · 01-17-2014, 02:17 AM

Since Porn.com began accepting payments in Bitcoin in December, it has reported an increase in sales by nearly a quarter and expects the digital currency will flourish as a result of its symbiotic relationship with adult entertainment.

The Guardian reported today that soon after its announcement, Bitcoin rapidly accounted for ten percent of Porn.com's sales, and even jumped to 50 percent when a post on Reddit?s Bitcoin subforum went viral, along with the news. The company says that Bitcoin currently accounts for approximately 25 percents of its sales.

The site owner?s have now put up the domain for sale for anyone willing to shell out $50 million worth of Bitcoin.

David Kay, Porn.com?s marketing director, remains staunchly in favor of the historically controversial currency, saying "I definitely believe that porn will be Bitcoin's killer app. Fast, private and confidential payments."

Kay explained, "Privacy and confidentiality are paramount when joining an adult service for the majority. In general you can surf Porn.com for free, anonymously, but if you want to upgrade to the premium services you have to enter a method of payment, which historically has been credit card. In order for the transaction to process you have to include your full name and address. This is not necessary with BTC."

While the Guardian report points out some the drawbacks of Bitcoin, such as its impracticality for subscription-based orders and polemics surrounding levied transaction fees and paying in Bitcoin fractions, Kay deflects all concerns.

"Our experience has been positive using BTC for smaller payments,? he said. ?I think the general public as a whole doesn't yet know that you can spend just a portion of a Bitcoin on a purchase. Our customers are using Bitcoins to buy premium services and to tip our live performers.?

Porn.com became one of the most expensive domain names ever sold when MXN Ltd. paid $9.5 million for it in 2007.

http://www.xbiz.com/news/173648

Lichen · 01-17-2014, 03:00 AM

On one hand, no chargebacks is a good thing.

But on the other hand - no recurring payments either.

marlboroack · 01-17-2014, 03:15 AM

1Bitcoin=817.432

seeandsee · 01-17-2014, 03:37 AM

if bitcoin dont drop they will be happy but i expect drop

DamianJ · 01-17-2014, 05:34 AM

MikeOMania · 01-17-2014, 07:46 AM

Let' have a look at bitcoin in 10 years.....will it still be there?

anexsia · 01-17-2014, 08:42 AM

Quote:

Originally Posted by MikeOMania

Let' have a look at bitcoin in 10 years.....will it still be there?

It's already been here for a couple of years now, it's only the hype that's relatively new.

L-Pink · 01-17-2014, 09:13 AM

Quote:

Originally Posted by DamianJ

adultmobile · 01-17-2014, 09:47 AM

"The company says that Bitcoin currently accounts for approximately 25 percents of its sales."

That's very high, I am surprised. I see they use bitpay like everyone else. Perhaps the marketing guy is smart and considered only the week they got viral about bitcoin in reddit.
My info it is that no one adult site got more 5% of sales from bitcoin, I think the average is under the 1%.

freecartoonporn · 01-17-2014, 10:09 AM

Quote:

Originally Posted by adultmobile

"The company says that Bitcoin currently accounts for approximately 25 percents of its sales."

That's very high, I am surprised. I see they use bitpay like everyone else. Perhaps the marketing guy is smart and considered only the week they got viral about bitcoin in reddit.
My info it is that no one adult site got more 5% of sales from bitcoin, I think the average is under the 1%.

my thoughts exactly, there cant be 25% bitcoin sales at this stage.

AZNNC · 01-17-2014, 11:45 AM

How do Affiliates get their share on bitcoin sales?

KillerK · 01-17-2014, 12:04 PM

1 bitcoin is worth more then 2 years worth of porn. ($30 * 24)

Or can you pay in tenths of bitcoins ??

epicsexmoney · 01-17-2014, 01:26 PM

Quote:

Originally Posted by KillerK

1 bitcoin is worth more then 2 years worth of porn. ($30 * 24)

Or can you pay in tenths of bitcoins ??

good question. how do pay pay small amounts and put a current value on a bitcoin?

PR_Dave · 01-17-2014, 09:55 PM

Quote:

Originally Posted by KillerK

1 bitcoin is worth more then 2 years worth of porn. ($30 * 24)

Or can you pay in tenths of bitcoins ??

?I think the general public as a whole doesn't yet know that you can spend just a portion of a Bitcoin on a purchase. "

AsianDivaGirlsWebDude · 01-17-2014, 10:06 PM

Quote:

Originally Posted by DVTimes

Since Porn.com began accepting payments in Bitcoin in December, it has reported an increase in sales by nearly a quarter and expects the digital currency will flourish as a result of its symbiotic relationship with adult entertainment.

The Guardian reported today that soon after its announcement, Bitcoin rapidly accounted for ten percent of Porn.com's sales, and even jumped to 50 percent when a post on Reddit?s Bitcoin subforum went viral, along with the news. The company says that Bitcoin currently accounts for approximately 25 percents of its sales.

Quote:

Originally Posted by adultmobile

"The company says that Bitcoin currently accounts for approximately 25 percents of its sales."

That's very high, I am surprised. I see they use bitpay like everyone else. Perhaps the marketing guy is smart and considered only the week they got viral about bitcoin in reddit.

My info it is that no one adult site got more 5% of sales from bitcoin, I think the average is under the 1%.

Quote:

Originally Posted by freecartoonporn

my thoughts exactly, there cant be 25% bitcoin sales at this stage.

I think they are trying to cash in on the hype...

Quote:

Originally Posted by DVTimes

The site owner?s have now put up the domain for sale for anyone willing to shell out $50 million worth of Bitcoin.

Porn.com became one of the most expensive domain names ever sold when MXN Ltd. paid $9.5 million for it in 2007.

Trying to use bitcoin to get 5 times what they paid for the domain.

ADG

adultmobile · 01-18-2014, 09:04 AM

Quote:

Originally Posted by AsianDivaGirlsWebDude

I think they are trying to cash in on the hype...

Trying to use bitcoin to get 5 times what they paid for the domain.

Yes, this is the general consensus of informed people in GFY.

ITraffic · 02-15-2015, 06:45 AM

Quote:

Originally Posted by adultmobile

My info it is that no one adult site got more 5% of sales from bitcoin, I think the average is under the 1%.

good call.

just a punk · 02-15-2015, 06:57 AM

$50 million for porn.com? In 2015? Good luck on that

seeandsee · 02-15-2015, 07:55 AM

Lol i predicted huge drop, i was right

Kafka · 02-15-2015, 08:02 AM

25% of 8 sales is 2 sales a day. Very possible.

ilnjscb · 02-15-2015, 09:36 AM

Anonymous instant micropayments would be great, just maybe not this iteration

Roald · 02-15-2015, 10:29 AM

Quote:

Originally Posted by CyberSEO

$50 million for porn.com? In 2015? Good luck on that

That's the point

Drake · 02-16-2015, 04:41 PM

Old thread but maybe it's possible to sell porn.com for quite a bit. Didn't porno.com sell for millions recently?

Shadexpwn · 02-17-2015, 04:29 AM

After all bitcoins are mined I have a feeling they will split at a rate unforeseen with other currencies.

01-17-2014, 02:17 AM	#1
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	Porn.com: Porn is Bitcoin's 'Killer App' Since Porn.com began accepting payments in Bitcoin in December, it has reported an increase in sales by nearly a quarter and expects the digital currency will flourish as a result of its symbiotic relationship with adult entertainment. The Guardian reported today that soon after its announcement, Bitcoin rapidly accounted for ten percent of Porn.com's sales, and even jumped to 50 percent when a post on Reddit?s Bitcoin subforum went viral, along with the news. The company says that Bitcoin currently accounts for approximately 25 percents of its sales. The site owner?s have now put up the domain for sale for anyone willing to shell out $50 million worth of Bitcoin. David Kay, Porn.com?s marketing director, remains staunchly in favor of the historically controversial currency, saying "I definitely believe that porn will be Bitcoin's killer app. Fast, private and confidential payments." Kay explained, "Privacy and confidentiality are paramount when joining an adult service for the majority. In general you can surf Porn.com for free, anonymously, but if you want to upgrade to the premium services you have to enter a method of payment, which historically has been credit card. In order for the transaction to process you have to include your full name and address. This is not necessary with BTC." While the Guardian report points out some the drawbacks of Bitcoin, such as its impracticality for subscription-based orders and polemics surrounding levied transaction fees and paying in Bitcoin fractions, Kay deflects all concerns. "Our experience has been positive using BTC for smaller payments,? he said. ?I think the general public as a whole doesn't yet know that you can spend just a portion of a Bitcoin on a purchase. Our customers are using Bitcoins to buy premium services and to tip our live performers.? Porn.com became one of the most expensive domain names ever sold when MXN Ltd. paid $9.5 million for it in 2007. http://www.xbiz.com/news/173648 __________________ The Affiliate Program

01-17-2014, 03:37 AM	#4
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	if bitcoin dont drop they will be happy but i expect drop __________________ BUY MY SIG - 50$/Year Contact here

01-17-2014, 09:47 AM	#9
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	"The company says that Bitcoin currently accounts for approximately 25 percents of its sales." That's very high, I am surprised. I see they use bitpay like everyone else. Perhaps the marketing guy is smart and considered only the week they got viral about bitcoin in reddit. My info it is that no one adult site got more 5% of sales from bitcoin, I think the average is under the 1%. __________________ TubeCamGirl.com

02-15-2015, 06:57 AM	#18
just a punk So fuckin' bored Industry Role: Join Date: Jun 2003 Posts: 32,381	$50 million for porn.com? In 2015? Good luck on that __________________ Obey the Cowgod

02-15-2015, 07:55 AM	#19
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Lol i predicted huge drop, i was right __________________ BUY MY SIG - 50$/Year Contact here

01-17-2014, 03:00 AM	#2
Lichen Tube Master Industry Role: Join Date: May 2004 Posts: 1,640	On one hand, no chargebacks is a good thing. But on the other hand - no recurring payments either.

01-17-2014, 03:15 AM	#3
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	1Bitcoin=817.432

01-17-2014, 05:34 AM	#5
DamianJ Too lazy to set a custom title Industry Role: Join Date: Jul 2006 Location: A magical land Posts: 15,808

01-17-2014, 07:46 AM	#6
MikeOMania Registered User Industry Role: Join Date: Nov 2013 Posts: 40	Let' have a look at bitcoin in 10 years.....will it still be there?

01-17-2014, 11:45 AM	#11
AZNNC Confirmed User Join Date: Jan 2005 Posts: 592	How do Affiliates get their share on bitcoin sales?

01-17-2014, 12:04 PM	#12
KillerK Confirmed User Join Date: May 2008 Posts: 3,406	1 bitcoin is worth more then 2 years worth of porn. ($30 * 24) Or can you pay in tenths of bitcoins ??

02-15-2015, 08:02 AM	#20
Kafka Confirmed User Join Date: Oct 2002 Location: Holland Posts: 466	25% of 8 sales is 2 sales a day. Very possible.

02-15-2015, 09:36 AM	#21
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,787	Anonymous instant micropayments would be great, just maybe not this iteration

02-16-2015, 04:41 PM	#23
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Old thread but maybe it's possible to sell porn.com for quite a bit. Didn't porno.com sell for millions recently?

02-17-2015, 04:29 AM	#24
Shadexpwn Registered User Industry Role: Join Date: Apr 2014 Location: San Francisco, California Posts: 65	After all bitcoins are mined I have a feeling they will split at a rate unforeseen with other currencies. __________________