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newb102k 01-06-2017 09:54 AM

cryptocurrency for adult
 
anyone interested to invest on creating your own coin for buying, selling, trading, process transaction without 3rd party?

Barry-xlovecam 01-06-2017 10:17 AM

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.

newb102k 01-07-2017 04:35 AM

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.

anthony78 01-07-2017 04:44 AM

too risky coins ...

Paul&John 01-07-2017 04:56 AM

wankcoin, titcoin..

Klen 01-07-2017 06:15 AM

Quote:

Originally Posted by Paul&John (Post 21432985)
wankcoin, titcoin..

Yep there is several of them already and it is always same outcome - nobody gives a damn.
Crypto currencies are great for investing but they are no dice for regular payment.

Paul&John 01-07-2017 08:23 AM

Quote:

Originally Posted by KlenTelaris (Post 21433063)
Yep there is several of them already and it is always same outcome - nobody gives a damn.
Crypto currencies are great for investing but they are no dice for regular payment.

Except btc ;)

newb102k 01-07-2017 08:59 AM

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.

rowan 01-07-2017 09:02 AM

Quote:

Originally Posted by newb102k (Post 21433330)
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.

You've just described Bitcoin.

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.

Barry-xlovecam 01-07-2017 09:13 AM

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.

newb102k 01-07-2017 09:35 AM

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

rowan 01-07-2017 09:42 AM

Quote:

Originally Posted by newb102k (Post 21433393)
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

Again - what advantage does this coin offer over Bitcoin? Why would you need to buy a second coin with Bitcoin, when you could just pay for the product using Bitcoin?

Bladewire 01-07-2017 09:44 AM

Quote:

Originally Posted by newb102k (Post 21433393)
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

Where is the profit realized?

newb102k 01-07-2017 10:02 AM

Quote:

Originally Posted by rowan (Post 21433405)
Again - what advantage does this coin offer over Bitcoin? Why would you need to buy a second coin with Bitcoin, when you could just pay for the product using Bitcoin?


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

rowan 01-07-2017 03:37 PM

Quote:

Originally Posted by newb102k (Post 21433441)
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

I still don't get it.

Bitcoin has its own self contained wallet. No need for an account or password.

What does your coin do differently?

Paul&John 01-07-2017 03:59 PM

Quote:

Originally Posted by rowan (Post 21434017)
I still don't get it.

Bitcoin has its own self contained wallet. No need for an account or password.

What does your coin do differently?

Lol yeah everything he/she described is what BTC does already

Klen 01-07-2017 04:13 PM

Quote:

Originally Posted by Paul&John (Post 21433282)
Except btc ;)

Especially BTC, as it fluctuate as crazy.
This article agrees with me: https://www.wired.com/2017/01/bitcoi...g-way-weirder/

newb102k 01-15-2017 08:40 PM

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.

Bladewire 01-15-2017 09:10 PM

Quote:

Originally Posted by newb102k (Post 21454513)
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.

Nice. Post specs in a workflow diagram :thumbsup

kane 01-15-2017 09:31 PM

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).

WebClicks 01-15-2017 10:23 PM

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.

nakeddutch 01-15-2017 11:41 PM

been there, done that.
horny money



1 horny money = 1.75 USD

bitch.
:stoned

fappy 01-16-2017 08:24 AM

Quote:

Originally Posted by nakeddutch (Post 21454693)
[SIZE="3"]been there, done that.


1 horny money = 1.75 USD

bitch.
:stoned

nice, i to.
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

newb102k 01-16-2017 08:39 AM

Quote:

Originally Posted by nakeddutch (Post 21454693)
been there, done that.
horny money



1 horny money = 1.75 USD

bitch.
:stoned


nice system

is that build on the blockchain?


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