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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 |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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cryptocurrency for adult
anyone interested to invest on creating your own coin for buying, selling, trading, process transaction without 3rd party?
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#2 |
It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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What country are you in?
Why recreate the wheel? Why would customers use the idea -- very few use Bitcoin now and that is a well known cryptocurrency. You can just issue scrip for an adult wallet if you know the loopholes. Just do not claim you are a security or a negotiable currency. |
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#3 |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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I am not recreating the wheel
I am using the technology where you can create your own wallet, own coin and able to process it without paying a 3rd party expensive company. I just want to share the idea if someone is interested about it. |
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#4 |
Confirmed User
Join Date: Jul 2006
Posts: 149
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too risky coins ...
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#5 |
Confirmed User
Industry Role:
Join Date: Aug 2005
Location: YUROP
Posts: 8,595
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wankcoin, titcoin..
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#6 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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#7 |
Confirmed User
Industry Role:
Join Date: Aug 2005
Location: YUROP
Posts: 8,595
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Except btc ;)
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#8 |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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if anyone interested about the idea just contract me so we can discuss more
the main idea here is the create an application where you process your own transaction, having your own wallet even your own crypto coin to use as currency. imagine no need to use any biller to process your transaction because your application can process and accept the payment. |
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#9 | |
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
Pretty much every "altcoin", apart from a few majors like LTC and DOGE, are just fad coins where people hope to make a quick buck before it dies. Why would you need a separate coin for paying for adult products? That's like saying you need special cash to buy an adult DVD. |
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#10 |
It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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I think he wants an investor to make money producing this 'dream currency' with no thought to the end-market use. There is no profit in transaction to a processing business with no volume.
5% on 10K a month is not very interesting -- it would not even pay the overhead. Many adult websites are now are accepting Bitcoin but the annual transaction revenue gained is a joke. Bitcoin transaction fees are very low when you process and convert to a legal tender currency. So, what's the point -- where is the unique value and reason for another alt-coin. None. |
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#11 |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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maybe yes if I have your coin and want to buy any adult product I will just enter your wallet address and send it. no need to register and input all my info, for merchant no need to pay monthly bill for payment transaction
note: you can also buy this new created coin using bitcoin |
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#12 | |
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
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#13 | |
StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,232
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Quote:
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#14 | |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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Quote:
because you have your own cryptocurrency to accept and send coin because you created your own wallet with full control its not like btc where you create your account and save your password this application have their own wallet |
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#15 | |
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
Bitcoin has its own self contained wallet. No need for an account or password. What does your coin do differently? |
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#16 |
Confirmed User
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Join Date: Aug 2005
Location: YUROP
Posts: 8,595
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Lol yeah everything he/she described is what BTC does already
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#17 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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Especially BTC, as it fluctuate as crazy.
This article agrees with me: https://www.wired.com/2017/01/bitcoi...g-way-weirder/ |
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#18 |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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actually its not just about creating new cryptocurrency coin
it's all about building decentralised app on the blockchain, where you host your backend on different server. It will run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. |
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#19 | |
StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,232
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Quote:
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#20 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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Aside from the differences that it being a cryptocurrency would bring, I'm wondering how this is different than sites that sell tokens that are used to pay for the site (or tip models in the case of cam sites).
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#21 |
Confirmed User
Industry Role:
Join Date: Oct 2005
Posts: 36
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A few have tried already and failed.
Even BitCoin (the only cryptocurrency that some people actually use to buy stuff with) is hardly used on adult sites. Also cryptocurrency is not really interesting for most of the paysite owners as there is no recurring, xsales, 1clicks, etc, and that's where most of them make their profits.
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#22 |
Confirmed User
Industry Role:
Join Date: Oct 2009
Posts: 7,963
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#23 | |
Confirmed User
Industry Role:
Join Date: Dec 2016
Posts: 173
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Quote:
What we need is a BOOBS coin BBS where 20% of the coin is distributed to chicks for showing their titties, coupled with a solid site for accepting, saving, and categorizing the titties. Total coin supply should be total population *3/2. lol |
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#24 | |
So Fucking Banned
Industry Role:
Join Date: Aug 2011
Posts: 667
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Quote:
nice system is that build on the blockchain? |
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