There are definite potential advantages for affiliates depending on how it is set up though. For starters if you give affiliates their own unique address or addresses then it becomes easier for an affiliate to check for shaving since all transactions are able to be publicly viewed. The affiliate will be able to see how much money has really been sent to an address. If I see payments to a given address but the sponsor tells me there has been nothing then I know I am getting bullshitted. Yes there are ways to get around it such as by presenting different payment addresses but it's easier for the affiliate to detect that.

I'm not sure how to implement this technically at the moment but I'm thinking there is a way.

Let's say I run a cam site, I add bitcoins to existing systems, I replace credit cards with bitcoins, I have:

1) guys who pay in bitcoins on day 1
2) models who are paid in bitcoins (or bitcoins->paxum) on day 7+ or 15+
3) affiliates who are paid in bitcoins (or bitcoins->paxum) on day 7+ or 15+

Issue there: bitcoins value it changes at least every hour, imagine on 7+ days it can change so it value half or one third (I will skip the case it values more, as in this case no coplaints).

Affiliates could complain that they generated a $1000 worth sales on day the sales happened, but that was X bitcoins, which are paid as X bitcoins a week later, where this in USD it is just $800 or $100. They will want a % from the $1000 the bitcoins was worth in the moment of the sale (if in meantime bitcoins went down), or be silent it bitcoins value more in meantime :)

Cam girls, I deal with them I know they would not work if not knowing exactly what they get per minute or per group/tip event. So let's say a guy offer X bitcoins tip for her to do a show, she sees X bitcoins is $Y for her, she does it. Then when paid X bitcoins after 7+ days, she gets half or one third of $Y, she will no more accept bitcoins shows and tell every other cam girl that this is a rip off.

Let's optimise the models and affiliate payments to "as fast as possible", still it is not realtime, because you can't pay realtime the credit card sales you receive, and making bitcoins and USD flows and pay periods different would be a mess, also not worth if bitcons is 0.001% of the sales.

Further, the site would hold the bitcoins for these 7+ days of hold period before payouts, and like banks reinvest all their depositors cash, they could be tempted to sell and re-buy those bitcoins, eventually having bad luck one day and (like Lehman Bros's or Cyprus banks) end up that "the bitcons are in motion" and really vanish as Epassporte done.

The only perhaps viable solution it is a realtime (and I mean really realtime) split of the bitcoins between site, affiliate (if any) and model, on the moment of the customer pays with bitcoins. Zero hold period, immediate rev share... is this true that chargeback can't happen on bitcoins, should be viable. Then it is model, affiliate with bitcoins from instant the user paid, and their fault if they did not sold it before it lost value.
There could be setup some automatic bitcoin seller script for models (or affiliates, but mostly models) who don't care of bitcoins and just want the cash asap always.

Obviously this should be a custom cam site, like bitcoincams.com (I see it is at godaddy auction for $4k...), working only with bitcoins and in realtime. Could be some special rooms of existing site which is accessible from other url, only with models who accept this thing. I mean I could even release a site like this myself with girls online and all, but I don't believe in bitcoins in long term - yet.
Also I don't believe any affiliate here could bring bitcoin-paying customers enough to keep models interested, even if I gave 45% to models and 45% to affiliates and site kept 10% only.

But future virtual coins, not yet release and not based on gpu mining, and with some other differerencies, it may become stable. Much like Napster (who started p2p sharing but closed) could be bitcoins - set to die despite being credited as first of its genre, and bittorrent (who will probably never die) this new cryptocurrency yet to be release and possibly to be like star trek way to pay in future, without local governments and banks to regulate.

Bitcoin will eventually stabilize in value. Lots of currencies fluctuate.

Hence forex. Y'all know what forex is, right? Yes, you can speculate in the currency market, but currency is not the same thing as stock and suchlike.

SpookyCash sites accept payment in Euros, Pounds, and Yen as well and, just like everyone else does this, US affiliates get paid out in whatever that was worth in dollars at the time of payment.

Here is the Dictionary.com definition of currency, for those of y'all who are still approaching Bitcoin like it is stock.

adultmobile, there isn't any reason to "hold" bitcoins for payouts. You should pay that same day ideally. It's not as if the surfer can chargeback or commit some sort of fraud which would leave you on the hook. Bitcoin transfers are forever and final.

I heard it, but I wanted to see if anyone coud come up with exceptions to this (there was bugs and ddos's in past, so can be in future too).

So let me do a bitcamgirls.com or so, live girls accept payment in bitcoins only, give 30% to models and 60% to affiliates, interface with everything. Perhaps the "press" would talk of it for free just because it is a bitcoins curiosity thing in a bitcoins momentum.
But, would any affiliate bring "bitcoin-paying customers" enough to keep this up?

the fact is it is being speculated on exponentially more right now than it is being treated like a currency. while the concept is a currency, it is not acting like currency now.

i know what forex is.

i also know what icbit is.

Not one GFY idiot at least within the first 40 posts, after which I stopped reading, didn't even mention the very obvious and alarming problem with bitcoin:

IT ALSO MAKES IT 100X EASIER TO ACCEPT PAYMENT TO FILE LOCKERS AN PIRACY-BASED SITES!!!!

Not surprising because nearly everyone that posts here is a moron, but I thought I should point that out to everyone as well

it's pretty common knowledge here and across all the internets that bitcoin is primarily used in illicit trade right now.

Point being, if bitcoin is ever used for porn, or if bitcoin is ever popular, it will only extend piracy's reach over the porn industry... It won't be doing pornsites any favors...

Exactly.

Also, there is nothing intrinsically illicit about any form of payment. I'll pay my taxes on payments made in Bitcoin, same as those made in Dollars, Euros, Pounds, Yen, etc.

here's the best part:

99.9% of bitcoin holders and miners and 100% of the world couldn't give 2 shits about the impact of a currency on the porn bidness.

Yes and I would expect those file lockers woud have the bitcoins pay buttons, instead I seen no one yet. They all have those OKPay, Moneybrokers, and paypal (until AK busts them).
So I assume, until we do not see file lockers all offer bitcoins payment, it is not likely adult sites would all offer bitcoins payments too. Adult pay adoption to come after file lockers and piracy pay adoption...

Still affiliates adult site ponzi-scheme rev share with bitcoins looks confusing and new enough it may work... at least because no one really understands it, so wish to check it.... poll: anyone would promote a bitcoin-only cam site as I described two posts ago? As if not, no wonder no one release such type of sites yet.

One could decide to declare its bitcoins transaction revenues, voluntarily, to tax guys.

But what, anonymous? Bitcoin it is not really anonymous.
Bitcoin let you hide behind the pseudonyms of public key ID's, but what your ID does business with, it is public.
The block chain shared in in peer to peer, visible by everyone, contains record of every Bitcoin transaction that's ever been conducted by anyone at any time. Including the source and destination public key id's. Knowing the id of an illegal shop, you can get the id's list of who purchased from them.
And if you know the id of a person (for example: I gift you a bitcoin, where I send?), you can then read the list of id's he buy or sell from, full history. Let's say a guy give me his bitcoin ID, or posts it somewhere. I go to see with what id's he transacted, then google for these id's. Maybe I find some id are by drugs or porn or otherwise controversial traders. So bitcoin users should create and use many different id's for different things they do, and be careful really.

But bitcoins is just the first cryptocurrency, flawed - a main flaw it is you mine it is gpu's and there can never be more than 21 million bitcoins by design, no economy can survive a constant deflation of fixed monetary base. There may be better cryptocurrencies in future, who are really anonymous, and, have a virtual "decentralized central bank" system.

I just found of Zerocoin, an anonymized vouchers extension for Bitcoin that (if adopted) would bring true anonymity to Bitcoin... or to next cryptocurrencies.
Details here: http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf

Crazier things have happened...

http://sphotos-a.xx.fbcdn.net/hphoto...61106909_n.jpg

http://sphotos-a.xx.fbcdn.net/hphoto...84444930_n.jpg

And bitcoins... what are bitcoins backed by?

So bitcoin is the new tubes ? I remember a few years back seeing 10 tube threads ever day and now everyone has one.
This board never learns.