Bitcoins will be the preferred payment option in this industry between webmasters

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  • Dirty F
    Too lazy to set a custom title
    • Jul 2001
    • 59204

    #1

    Bitcoins will be the preferred payment option in this industry between webmasters

    You will soon find the first designer or coder accepting Bitcoins on gfy.

    By this time next year it will be widely used between webmasters.
  • CyberHustler
    Masterbaiter
    • Feb 2006
    • 28750

    #2
    I already been found a designer on GFY that accepts them. Long ago.
    “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

    Comment

    • 2012
      So Fucking What
      • Jul 2006
      • 17189

      #3
      Congratulations!
      BitCoinBanker.com

      is a Premium Domain Name and is available for $99,000.00*
      best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself

      Comment

      • Zeiss
        Confirmed User
        • May 2012
        • 5189

        #4
        Sure will.


        Adult Webmasters Guides

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        • Chris
          Too lazy to set a custom title
          • May 2003
          • 27880

          #5
          At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
          [email protected]

          Comment

          • Zeiss
            Confirmed User
            • May 2012
            • 5189

            #6
            Originally posted by Chris
            At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency


            Adult Webmasters Guides

            Comment

            • mineistaken
              See signature :)
              • Apr 2007
              • 29656

              #7
              Originally posted by Chris
              At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
              Fact.

              Comment

              • mayabong
                Confirmed User
                • Jan 2010
                • 1952

                #8
                Originally posted by Chris
                At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
                Thats what services like Bit Pay are for. As time goes on there will be less reasons to cash out since you can buy lots of stuff within the economy.
                Bitcoin Gambling Sites

                Comment

                • seeandsee
                  Check SIG!
                  • Mar 2006
                  • 50945

                  #9
                  We need COCKBITS that can be exchanged for BITCOINS and then you can exchange them for real cash lol
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                  Comment

                  • LeRoy
                    Porn Pusher
                    • Jul 2007
                    • 13364

                    #10
                    Will work for bit coins lol

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                    • Dirty F
                      Too lazy to set a custom title
                      • Jul 2001
                      • 59204

                      #11
                      Originally posted by Chris
                      At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
                      Which is no problem whatsoever.
                      And don't they need to rely on the same thing now as well?

                      Comment

                      • Chris
                        Too lazy to set a custom title
                        • May 2003
                        • 27880

                        #12
                        Originally posted by mayabong
                        Thats what services like Bit Pay are for. As time goes on there will be less reasons to cash out since you can buy lots of stuff within the economy.
                        I understand the ability to cash out that was my whole point. Most will just get paid via bitcoin - find an exchanger and cash out.

                        You mention in the future there will be less reason to cash out? Do you really see your cell phone provider - cable company - internet - mortgage - insurance - local gas station - banks ...accepting a non-traceable currency?

                        Sure you can buy a computer online with a bitcoin but so can you with any ewallet system that you can get paid in.


                        The downfall to bitcoin right now is you have to take an extra step to turn that bitcoin into something that is usable for your ever day needs.

                        Accept bitcoin -- > Send bitcoin to exchanger -- > Get money into ewallet -- > Withdraw

                        VS

                        Accept Ewallet payment -- > Withdraw
                        [email protected]

                        Comment

                        • Chris
                          Too lazy to set a custom title
                          • May 2003
                          • 27880

                          #13
                          Originally posted by Dirty F
                          Which is no problem whatsoever.
                          And don't they need to rely on the same thing now as well?
                          Not sure I follow your question

                          explain?
                          [email protected]

                          Comment

                          • HomerSimpson
                            Too lazy to set a custom title
                            • Sep 2005
                            • 13826

                            #14
                            Originally posted by Chris
                            At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
                            Make a bank with Chaturbate - the best selling webcam program
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                            • mineistaken
                              See signature :)
                              • Apr 2007
                              • 29656

                              #15
                              At the end of the day - why not to accept those play money. This could be competitive advantage. Lets say somebody wants to spend his bitcoins on design so that person accepting them is more likely to get that order than someone not accepting.

                              Comment

                              • 2012
                                So Fucking What
                                • Jul 2006
                                • 17189

                                #16
                                Originally posted by Chris
                                At the end of the day all the bitcoin users still need rely on someone cashing out their bitcoins to currency
                                at the end of the day. when you get your paycheck, where does it go ? right back into the bank and you're using the monopoly money that's on your debit card 99% of the time.....
                                best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself

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                                • signupdamnit
                                  Confirmed User
                                  • Aug 2007
                                  • 6697

                                  #17
                                  Originally posted by Dirty F
                                  You will soon find the first designer or coder accepting Bitcoins on gfy.

                                  By this time next year it will be widely used between webmasters.
                                  I think you're right. I wouldn't mind receiving my affiliate payments as bitcoins either but I think the sponsors might have tax issues with that.

                                  It's not even about evading taxes for me. It's about avoiding fees and bullshit. Fuck sending people I don't know in foreign countries my driver's license, scans of my credit cards, utility bills, and photographs of me every year or two. Fuck ridiculous fees.

                                  You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                                  Comment

                                  • MaDalton
                                    I am Amazing Content!
                                    • Feb 2004
                                    • 39861

                                    #18
                                    I wonder what our models would say if it told them we pay in bitcoins
                                    AmazingContent.com - providing only the best content and service since 2003
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                                    • slapass
                                      Too lazy to set a custom title
                                      • Nov 2002
                                      • 14625

                                      #19
                                      It needs to be more stable. No one wants to use them and see they could be worth 10% more on Monday or worse you just sold something and now bitcoins are down 15%. It is too volatile.

                                      Comment

                                      • Chris
                                        Too lazy to set a custom title
                                        • May 2003
                                        • 27880

                                        #20
                                        Originally posted by 2012
                                        at the end of the day. when you get your paycheck, where does it go ? right back into the bank and you're using the monopoly money that's on your debit card 99% of the time.....
                                        99% of the time my money may go on a debit card...that is accepted as a standard that I can pay my bills with. Bitcoin i can take a couple steps to turn into cash rather than just have the cash.
                                        [email protected]

                                        Comment

                                        • Chris
                                          Too lazy to set a custom title
                                          • May 2003
                                          • 27880

                                          #21
                                          One thing that I do like about bitcoin is the fact that the demand determine the value.

                                          If i had a sponsor pay me out $100 in bitcoins today at the end today i could of found a buyer and cashed out at $125
                                          [email protected]

                                          Comment

                                          • dyna mo
                                            just a fucking jerk
                                            • Dec 2008
                                            • 68184

                                            #22
                                            most all transactions are electronic these days, i do very few cash and carry transactions in my daily life, i trust that the system will send my electronic payment blip to the right place every day.

                                            i handle very little cash, if i need cash, i have to go to the bank to pull "cash out" of my account.

                                            so at the end of the day..... a cash out is a cash out.

                                            Comment

                                            • arock10
                                              Confirmed User
                                              • Jan 2006
                                              • 6217

                                              #23
                                              Originally posted by Chris
                                              99% of the time my money may go on a debit card...that is accepted as a standard that I can pay my bills with. Bitcoin i can take a couple steps to turn into cash rather than just have the cash.
                                              sounds like you work for an ewallet company
                                              Sup

                                              Comment

                                              • adulttraffic
                                                Confirmed User
                                                • Mar 2006
                                                • 797

                                                #24
                                                Originally posted by Dirty F
                                                You will soon find the first designer or coder accepting Bitcoins on gfy.

                                                By this time next year it will be widely used between webmasters.
                                                Not likely unless shit has changed since the last time I used bitcoins. Who would want to pay 5-10% to buy bitcoins and then another 5-10% to cash them out?
                                                It is a great way (for now anyway) to launder money or buy dope though.
                                                Respect My Authoritah!

                                                Comment

                                                • mayabong
                                                  Confirmed User
                                                  • Jan 2010
                                                  • 1952

                                                  #25
                                                  Originally posted by adulttraffic
                                                  Not likely unless shit has changed since the last time I used bitcoins. Who would want to pay 5-10% to buy bitcoins and then another 5-10% to cash them out?
                                                  It is a great way (for now anyway) to launder money or buy dope though.
                                                  exchange rates aren't nearly that high
                                                  Bitcoin Gambling Sites

                                                  Comment

                                                  • Zuzana Designs
                                                    All Your Design Needs
                                                    • Feb 2005
                                                    • 20899

                                                    #26
                                                    Originally posted by Dirty F
                                                    You will soon find the first designer or coder accepting Bitcoins on gfy.

                                                    By this time next year it will be widely used between webmasters.
                                                    I have had several clients ask if we could accept them for payment and we may in the future. Only time will tell but we are keeping our eyes on Bitcoins.

                                                    Website Design - Consulting - Development
                                                    sarah [at] zuzanadesigns.com - See Our Work

                                                    Comment

                                                    • Dirty F
                                                      Too lazy to set a custom title
                                                      • Jul 2001
                                                      • 59204

                                                      #27
                                                      Originally posted by Zuzana Designs
                                                      I have had several clients ask if we could accept them for payment and we may in the future. Only time will tell but we are keeping our eyes on Bitcoins.
                                                      Why don't you start the trend. It will happen anyway

                                                      Comment

                                                      • Zuzana Designs
                                                        All Your Design Needs
                                                        • Feb 2005
                                                        • 20899

                                                        #28
                                                        Originally posted by Dirty F
                                                        Why don't you start the trend. It will happen anyway
                                                        I think it will too eventually. I'm getting ready to launch ZDV4.0 and we're definitely considering it and have been talking about doing it for months. I will try anything as long as all parties are satisfied and it's convenient and legal.

                                                        I worry a little the government will get more involved and halt it in some way.

                                                        Website Design - Consulting - Development
                                                        sarah [at] zuzanadesigns.com - See Our Work

                                                        Comment

                                                        • Vapid - BANNED FOR LIFE
                                                          Barterer
                                                          • Aug 2004
                                                          • 4864

                                                          #29
                                                          The only thing the government will be able to do is increase the value of it Zuzana.

                                                          Comment

                                                          • adulttraffic
                                                            Confirmed User
                                                            • Mar 2006
                                                            • 797

                                                            #30
                                                            Originally posted by mayabong
                                                            exchange rates aren't nearly that high
                                                            It used to be, but that was a few years ago
                                                            Respect My Authoritah!

                                                            Comment

                                                            • brassmonkey
                                                              Pay It Forward
                                                              • Sep 2005
                                                              • 77397

                                                              #31
                                                              and??? what???
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                                                              • Zeiss
                                                                Confirmed User
                                                                • May 2012
                                                                • 5189

                                                                #32
                                                                Originally posted by adulttraffic
                                                                t that was a few years ago
                                                                Which reminds me how more and more people start talking about and using bitcoins... Next they make statue or temple of Satoshi. Who knows...


                                                                Adult Webmasters Guides

                                                                Comment

                                                                • Bill8
                                                                  Confirmed User
                                                                  • Oct 2001
                                                                  • 1901

                                                                  #33
                                                                  I'd definitely join and promote a sponsor that paid in bitcoin.

                                                                  I have uses for bitcoin.

                                                                  Anybody know anybody that wants to pay in bitcoin?

                                                                  Comment

                                                                  • Internet Guy
                                                                    Confirmed User
                                                                    • May 2006
                                                                    • 402

                                                                    #34
                                                                    I would also promote sponsors which pay via BTC..

                                                                    Comment

                                                                    • AsianDivaGirlsWebDude
                                                                      Purveyor, Fine Asian Porn
                                                                      • Jul 2004
                                                                      • 38323

                                                                      #35
                                                                      Food for thought about BitCoins From Wired (Dec 2012):

                                                                      The FBI sees the anonymous Bitcoin payment network as an alarming haven for money laundering and other criminal activity ? including as a tool for hackers to rip off fellow Bitcoin users.

                                                                      That?s according to a new FBI internal report that leaked to the internet this week, which expresses concern about the difficulty of tracking the identify of anonymous Bitcoin users, while also unintentionally providing tips for Bitcoin users to remain more anonymous.

                                                                      The report titled ?Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity,? (.pdf) was published April 24 and is marked For Official Use Only (not actually classified), but was leaked to the internet on Wednesday.

                                                                      In the document, the FBI notes that because Bitcoin combines cryptography and a peer-to-peer architecture to avoid a central authority, contrary to how digital currencies such as eGold and WebMoney operated, law enforcement agencies have more difficulty identifying suspicious users and obtaining transaction records.

                                                                      ?If Bitcoin stabilizes and grows in popularity, it will become an increasingly useful tool for various illegal activities beyond the cyber realm,? the FBI writes in the report. ?For instance, child pornography and Internet gambling are illegal activities already taking place on the Internet which require simple payment transfers. Bitcoin might logically attract money launderers, human traffickers, terrorists, and other criminals who avoid traditional financial systems by using the Internet to conduct global monetary transfers.?
                                                                      There have been several cases of hackers using malware to steal the currency in the virtual wallet stored on a user?s machine.

                                                                      Last year, computer security researchers discovered malware called ?Infostealer.Coinbit? that was designed specifically to steal bitcoins from virtual Bitcoin wallets and transfer them to a server in Poland.

                                                                      One Bitcoin user complained in a Bitcoin forum that 25,000 bitcoins had been stolen from an unencrypted Bitcoin wallet on his computer. Since the exchange rate for bitcoins at the time was about $20 per bitcoin, the value of his loss at the time was about $500,000. A popular web hosting company called Linode was also infiltrated by an attacker looking to pilfer bitcoins.

                                                                      And there have also been cases of hackers attempting to use ?botnets? to generate bitcoins on compromised machines.


                                                                      Caveat emptor...

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                                                                      • 2012
                                                                        So Fucking What
                                                                        • Jul 2006
                                                                        • 17189

                                                                        #36
                                                                        Originally posted by AsianDivaGirlsWebDude
                                                                        Caveat emptor...
                                                                        best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself

                                                                        Comment

                                                                        • MaDalton
                                                                          I am Amazing Content!
                                                                          • Feb 2004
                                                                          • 39861

                                                                          #37
                                                                          Originally posted by Zuzana Designs
                                                                          I think it will too eventually. I'm getting ready to launch ZDV4.0 and we're definitely considering it and have been talking about doing it for months. I will try anything as long as all parties are satisfied and it's convenient and legal.

                                                                          I worry a little the government will get more involved and halt it in some way.
                                                                          I dont know how you do your bookkeeping but i very much doubt that in my country i can go and file my invoices based on bitcoins.

                                                                          For that part of webmasters that avoid paying taxes anyways it might work, but as a serious business that pays taxes this is nonsense.
                                                                          AmazingContent.com - providing only the best content and service since 2003
                                                                          Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                                                          Got German traffic? We convert it into money for you!
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                                                                          • mafia_man
                                                                            Confirmed User
                                                                            • Jul 2005
                                                                            • 1965

                                                                            #38
                                                                            Originally posted by 2012
                                                                            Congratulations!
                                                                            BitCoinBanker.com

                                                                            is a Premium Domain Name and is available for $99,000.00*
                                                                            I sold bitcoin.biz last week for 5% of that.
                                                                            I'm out.

                                                                            Comment

                                                                            • Dirty F
                                                                              Too lazy to set a custom title
                                                                              • Jul 2001
                                                                              • 59204

                                                                              #39
                                                                              Originally posted by MaDalton
                                                                              I dont know how you do your bookkeeping but i very much doubt that in my country i can go and file my invoices based on bitcoins.

                                                                              For that part of webmasters that avoid paying taxes anyways it might work, but as a serious business that pays taxes this is nonsense.
                                                                              When you cash your coins what is the problem exactly?

                                                                              Comment

                                                                              • MaDalton
                                                                                I am Amazing Content!
                                                                                • Feb 2004
                                                                                • 39861

                                                                                #40
                                                                                Originally posted by Dirty F
                                                                                When you cash your coins what is the problem exactly?
                                                                                Do you file invoices with your local tax office?

                                                                                So how would i do it - either i send my client an invoice for 100 bitcoins, then the czech tax office declares me insane.

                                                                                Or i send him an invoice for $100 which he pays with the at that time equivalent in bitcoins but when i cash them out, i will never receive exactly $100 and my tax accountant will declare me insane.

                                                                                On top of that most of our clients are real companies that file our invoices as well and as far as i can see, bitcoins will never be an internationally accepted currency.
                                                                                AmazingContent.com - providing only the best content and service since 2003
                                                                                Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                                                                Got German traffic? We convert it into money for you!
                                                                                Email: oltecconsult [at] gmail [dot] com

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                                                                                • Dirty F
                                                                                  Too lazy to set a custom title
                                                                                  • Jul 2001
                                                                                  • 59204

                                                                                  #41
                                                                                  Originally posted by MaDalton
                                                                                  Do you file invoices with your local tax office?

                                                                                  So how would i do it - either i send my client an invoice for 100 bitcoins, then the czech tax office declares me insane.

                                                                                  Or i send him an invoice for $100 which he pays with the at that time equivalent in bitcoins but when i cash them out, i will never receive exactly $100 and my tax accountant will declare me insane.

                                                                                  On top of that most of our clients are real companies that file our invoices as well and as far as i can see, bitcoins will never be an internationally accepted currency.
                                                                                  Alrighty then.

                                                                                  Comment

                                                                                  • dyna mo
                                                                                    just a fucking jerk
                                                                                    • Dec 2008
                                                                                    • 68184

                                                                                    #42
                                                                                    wordpress, namecheap, and reddit figured out how to account for bitcoins

                                                                                    Comment

                                                                                    • woj
                                                                                      <&(©¿©)&>
                                                                                      • Jul 2002
                                                                                      • 47882

                                                                                      #43
                                                                                      Originally posted by MaDalton
                                                                                      Do you file invoices with your local tax office?

                                                                                      So how would i do it - either i send my client an invoice for 100 bitcoins, then the czech tax office declares me insane.

                                                                                      Or i send him an invoice for $100 which he pays with the at that time equivalent in bitcoins but when i cash them out, i will never receive exactly $100 and my tax accountant will declare me insane.

                                                                                      On top of that most of our clients are real companies that file our invoices as well and as far as i can see, bitcoins will never be an internationally accepted currency.
                                                                                      it shouldn't be much different than doing business in USD (or any other currency), but paying taxes in your local currency CZK(?)... people do business in other currencies all the time, there are accounting rules to make it all work correctly...

                                                                                      so there is nothing really illegal from accounting point of view about doing business with bitcoins, but you are right, you would probably get audited right away if you put "bitcoins" on any tax form... it has drama written all over it...
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                                                                                      • Oracle Porn
                                                                                        Affiliate
                                                                                        • Oct 2002
                                                                                        • 24433

                                                                                        #44
                                                                                        Originally posted by woj
                                                                                        it shouldn't be much different than doing business in USD (or any other currency), but paying taxes in your local currency CZK(?)... people do business in other currencies all the time, there are accounting rules to make it all work correctly...
                                                                                        exactly.


                                                                                        Comment

                                                                                        • tony286
                                                                                          lurker
                                                                                          • Aug 2002
                                                                                          • 57021

                                                                                          #45
                                                                                          I'm old fashioned I like currency from governments

                                                                                          Comment

                                                                                          • MaDalton
                                                                                            I am Amazing Content!
                                                                                            • Feb 2004
                                                                                            • 39861

                                                                                            #46
                                                                                            Originally posted by woj
                                                                                            it shouldn't be much different than doing business in USD (or any other currency), but paying taxes in your local currency CZK(?)... people do business in other currencies all the time, there are accounting rules to make it all work correctly...

                                                                                            so there is nothing really illegal from accounting point of view about doing business with bitcoins, but you are right, you would probably get audited right away if you put "bitcoins" on any tax form... it has drama written all over it...
                                                                                            bitcoins are no currency unlike USD

                                                                                            Originally posted by Oracle Porn
                                                                                            exactly.
                                                                                            nonsense
                                                                                            AmazingContent.com - providing only the best content and service since 2003
                                                                                            Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                                                                            Got German traffic? We convert it into money for you!
                                                                                            Email: oltecconsult [at] gmail [dot] com

                                                                                            Comment

                                                                                            • Dirty F
                                                                                              Too lazy to set a custom title
                                                                                              • Jul 2001
                                                                                              • 59204

                                                                                              #47
                                                                                              Originally posted by MaDalton
                                                                                              bitcoins are no currency unlike USD



                                                                                              nonsense
                                                                                              So Wordpress and Namecheap are just being silly?

                                                                                              Comment

                                                                                              • MaDalton
                                                                                                I am Amazing Content!
                                                                                                • Feb 2004
                                                                                                • 39861

                                                                                                #48
                                                                                                Originally posted by Dirty F
                                                                                                So Wordpress and Namecheap are just being silly?
                                                                                                where are they incorporated?

                                                                                                when i am in Panama and pay flat $1000 per year in taxes I wont bother either
                                                                                                AmazingContent.com - providing only the best content and service since 2003
                                                                                                Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                                                                                Got German traffic? We convert it into money for you!
                                                                                                Email: oltecconsult [at] gmail [dot] com

                                                                                                Comment

                                                                                                • dyna mo
                                                                                                  just a fucking jerk
                                                                                                  • Dec 2008
                                                                                                  • 68184

                                                                                                  #49
                                                                                                  Originally posted by MaDalton
                                                                                                  where are they incorporated?

                                                                                                  when i am in Panama and pay flat $1000 per year in taxes I wont bother either
                                                                                                  Namecheap, Inc, a Delaware incorporated entity d/b/a Namecheap.com

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