BitPay no longer allow new signups in adult industry
 

That sucks!
Do you know any alternative?

What percentage of signups were done via BTC? (If I may ask) :)

All SeeMyBucks paysites uses BitPay and many members joins with them now.

What's the source for that information?

:2 cents:

idk why use something like bitpay ?

just create your own address and keen an eye on blockchain websocket for new transactions.


edit:: ohh they do direct deposit usd.

Not that easy when you need nats integration :thumbsup

From Bitpay.

"This is a recent change in our policies, we no longer allow new signups from the adult industry."

I suppose they keep the old deal running but for how long?

I guess we gonna make something like that... we don't run NATS, we have our own script so I suppose that's doable.

0 for now. We'd like to add bitcoin and I thought we could work with bitpay.

I cannot see why anyone would use Bitcoin to pay for something.

If the value is rising you hold it surely.

Then when the value is falling merchants wont want to accept it.....

Anyone using GoCoin?

Fees are also an issue. Until the Bitcoin Core group get their act together and implement Lightning, blocks are chock full, meaning demand is much higher than supply, so the only way to push your transaction through is to pay a higher fee. In some cases you may have to increase the fee on an existing transaction just to get it through.

Nobody sane is going to pay a $30 fee to send $20.

Filecoin

I've used/worked with GoCoin on a few things. Good people and good tech.
I just confirmed with a board member they have still been accepting adult. Lmk if you need me to make a connection

If you can do an intro than yes please, [email protected]

Appreciated :thumbsup

Roald, check your email. Sending you two Skype contacts. - Alex

oh well look at the teacher's pet jumping in first.... :1orglaugh

doesn't matter. crypto currencies are an investment not a currency.

Interesting. I wonder why they would no longer accept adult considering there are no chargebacks. I remember when we started with Bitpay, the adult market was very much of interest to them. They were trying to get strippers to accept Bitcoin at the time. They're a big part of the reason I started getting interested in crypto.

They're a middleman processor somewhat like ccbill, right? Guess the answer is that they still have to interface with 'traditional' banks.

Could also be that they have conservative investors which don't like to associate with adult.

I used bitpay 2 days ago succesfully

I believe the second is most accurate. I guess they just got a 30M investment around the same time they changed the policy.

Adult sites probably washing money with bitpay