Really Useful Cash Removes Bitcoin For Lack of Value

[Relentless]

Interesting stats...

http://business.avn.com/company-news...ue-550322.html

"Our average sales ratio on casting.xxx went from 1:758 to 1:1720 during the 7 days that Bitcoin was live on our join forms and the cryptocurrency did not generate a single sale," explained RUC's JT. "We tried testing it for 24 hours on another site in our network, PublicAgent.com, with similar results, removed it and saw our ratios improve without it again. Maybe it's because 98 percent of the world have a negative view of Bitcoin through what's been written in the media, and they temporarily lost confidence in my site when they saw Bitcoin. We take consumer trust very seriously and see Bitcoin as something that was diluting the value of our brands."

We have just launched our 17th website and now have an active member database of more than 23,000 paying members," added JT. "The initial phase of the affiliate program rollout included the launch of more than a dozen top quality exclusive video sites. Now we are extending our competitive advantage by securing premier tube domains for our internal marketing, creating quality tours and having our sites WebsiteSecure.org certified. I believe the key factor in our growth thus far, and in our continued growth moving forward, is our ability to give people what they already want?and it appears they do not want to use Bitcoin, or even to see an offer to accept Bitcoin."

[Roald]

Interesting indeed.

[Colmike9]

I still don't understand paysites accepting BTC. The value fluctuates way too much, unless the paysite has someone that knows how to invest/exchange those BTCs before losing money when the market falls...

Hope none of the paysites accepting BTC had theirs in MtGox..

[Relentless]

Originally Posted by Colmike7

I still don't understand paysites accepting BTC. The value fluctuates way too much, unless the paysite has someone that knows how to invest/exchange those BTCs before losing money when the market falls... Hope none of the paysites accepting BTC had theirs in MtGox..

Most are using Bitpay or Coinbase etc and immediately cashing the value from what I have seen...

[Roald]

We need both JT and PR Dave in here for an interesting debate.

[mpahlca]

I wonder if he tested our new goat solution?

[Relentless]

Originally Posted by Roald

We need both JT and PR Dave in here for an interesting debate.

Two very different business models... and thinking of them that way seems to be where the real lesson of all this may reside. Works well with one and not the other... ?

[L-Pink]

Taking bitcoin may attract more traffic to your site because of the novelty or "loyalty" from bitcoin owners. Actually joining? Anyone into bitcoins knows where good free porn and probably your sites stolen content can be viewed for free.

[Mickey_]

Originally Posted by mpahlca

I wonder if he tested our new goat solution?

Results coming shortly.

[Roald]

Originally Posted by Relentless

Two very different business models... and thinking of them that way seems to be where the real lesson of all this may reside. Works well with one and not the other... ?

Perhaps however isn't most of JTs traffic from tubes?

[Colmike9]

Originally Posted by Relentless

Most are using Bitpay or Coinbase etc and immediately cashing the value from what I have seen...

I'm a n00b with BTC, but are there delays with withdraws?

[Relentless]

Originally Posted by mpahlca

I wonder if he tested our new goat solution?

https://gfy.com/showthread.php?t=1133879 is looking better and better by the minute...

Then again, the grass is always greener in the other pasture.

[bean-aid]

Website Secure made it into the press release... congrats.

[Relentless]

Originally Posted by Roald

Perhaps however isn't most of JTs traffic from tubes?

You would have to ask him that... but there are obvious differences in price points and traffic pathing to point of sale etc...

[dyna mo]

riiiiiiiiiiiiiiiiight.

[Relentless]

Originally Posted by beaner

Website Secure made it into the press release... congrats.

The fact that they removed Bitcoin for lack of value, but kept WebsiteSecure.org Certification live on all sites does seem to make an important point about the service we offer. Anyone who wants a demonstration of how www.WebsiteSecure.org can make you money on new or existing traffic should definitely contact me.

[TheSquealer]

I would guess that most people seeing that would then be tempted to leave the site, see what bitcoins are, try to calculate values etc etc etc and end up back on Facebook posting kitten pictures before they realized what happened.

The first one that makes people think in the sales flow, loses.

[SmutHammer]

Sounds about right.

[Wizzo]

I think the average joe surfer doesn't know or understand bitcoins so I could see that making them uncertain. It doesn't take much to make surfer leery of joinform these days.

[dyna mo]

Originally Posted by TheSquealer

I would guess that most people seeing that would then be tempted to leave the site, see what bitcoins are, try to calculate values etc etc etc and end up back on Facebook posting kitten pictures before they realized what happened.

The first one that makes people think in the sales flow, loses.

this. Too many options leads to confusion, not decision.


3 payment options tops.

[bean-aid]

Originally Posted by Relentless

The fact that they removed Bitcoin for lack of value, but kept WebsiteSecure.org Certification live on all sites does seem to make an important point about the service we offer. Anyone who wants a demonstration of how www.WebsiteSecure.org can make you money on new or existing traffic should definitely contact me.

I would think putting a small link to *alternative payments* may not hurt. I can see a big gold bit coin next to the process as a deterrent though. Even describe the thing, tell them it is new and since recognized form of payment, they are trying it out. Anyone who can pay with a bitcoin can certainly find the small link to that page.

Now that 1:758 should be around 1:350 and he will be rocking! Tube traffic really does convert well... it just takes a zillion people to get those thousands onto your site... lol

[SplatterMaster]

Bitcoins are associated with illegal goods. If your site accepts BC it must not be legit.

[Coup]

Buying anything legal with bitcoin is fucking retarded.

[WDF]

Originally Posted by L-Pink

Taking bitcoin may attract more traffic to your site because of the novelty or "loyalty" from bitcoin owners. Actually joining? Anyone into bitcoins knows where good free porn and probably your sites stolen content can be viewed for free.

THIS^^^^^^^^^^!

Exactly!

[okok]

Originally Posted by L-Pink

Taking bitcoin may attract more traffic to your site because of the novelty or "loyalty" from bitcoin owners. Actually joining? Anyone into bitcoins knows where good free porn and probably your sites stolen content can be viewed for free.

This is a tough one for me. Completely agreed that your typical Bitcoin-owner is net-savvy, but he's also interested in showing that Bitcoin is a viable currency, and might be happy to buy porn with it.

[dyna mo]

Originally Posted by L-Pink

Taking bitcoin may attract more traffic to your site because of the novelty or "loyalty" from bitcoin owners. Actually joining? Anyone into bitcoins knows where good free porn and probably your sites stolen content can be viewed for free.

I'm not sure, it seems the payment options aren't revealed until the join page. + it doesn't account for the conversions being cut in 1/2.

[BareBacked]

Originally Posted by Relentless

Interesting stats...

http://business.avn.com/company-news...ue-550322.html

Baller

[DamianJ]

Originally Posted by beaner

I would think putting a small link to *alternative payments* may not hurt.

Sure. But it doesn't really matter what you *think*. JT tested it, it massively failed.

[adultmobile]

Finally some real stats about bitcoin sales from an adult site.

[SiMpLe]

Originally Posted by Relentless

The fact that they removed Bitcoin for lack of value, but kept WebsiteSecure.org Certification live on all sites does seem to make an important point about the service we offer. Anyone who wants a demonstration of how www.WebsiteSecure.org can make you money on new or existing traffic should definitely contact me.

I will back this up 100% - After A/B testing simply with and without = Very good to have on the join pages.

[bean-aid]

Originally Posted by DamianJ

Sure. But it doesn't really matter what you *think*. JT tested it, it massively failed.

The mirror talking to you again? My thoughts and successes will not make your failures any less of a hardship.

And I don't know how he displayed the join process, I am assuming it was likely with the use of a bitcoin image and some text, smack on the first step of join process. So therefore, he likely did not test what I mentioned and therefore, it would be a good idea for you to shut your pie hole

[mineistaken]

Originally Posted by Colmike7

I still don't understand paysites accepting BTC. The value fluctuates way too much, unless the paysite has someone that knows how to invest/exchange those BTCs before losing money when the market falls...

Hope none of the paysites accepting BTC had theirs in MtGox..

Publicity mostly. If somebody really expected real number of sales from btc users they were not too smart in the first place

And if some program got some bitcoin sales it does not mean all of them were extra sales because many of those joining members would have joined even without btc option. They just happened to have btc and said "oh I can join with btc as well, cool".

An this also adds to the whole picture:

Originally Posted by L-Pink

Taking bitcoin may attract more traffic to your site because of the novelty or "loyalty" from bitcoin owners. Actually joining? Anyone into bitcoins knows where good free porn and probably your sites stolen content can be viewed for free.

[mineistaken]

Originally Posted by dyna mo

this. Too many options leads to confusion, not decision.


3 payment options tops.

Interesting. Do most people study join options that much? I think most of them are used to join by CC and they do not "study" the list that closely, they pick number 1 option - CC.

[DamianJ]

Originally Posted by beaner

The mirror talking to you again?

Is that as god as you've got? "I know you are but what am I?"

Shiiiiit.

Originally Posted by beaner

My thoughts and successes will not make your failures any less of a hardship.

Your success at having public drug/booze induced meltdowns and being banned from every adult site?

Yeah, you totally beat me at that!

Originally Posted by beaner

And I don't know how he displayed the join process, I am assuming

JT is really successful, and wipes his arse on what you snort/jack up/drink.

I wouldn't assume anything, as we all know, when you assume something, it shows you are a massive drug/booze addled, forum banned fuck up, kid.

[mineistaken]

Originally Posted by dyna mo

I'm not sure, it seems the payment options aren't revealed until the join page. + it doesn't account for the conversions being cut in 1/2.

I assume conversions were cut in half because they had huge influx of "bitcoin fanbase" traffic.

It can not go down to half just because half of the people decided not to join just because there was btc option in the list

[dyna mo]

Originally Posted by mineistaken

Interesting. Do most people study join options that much? I think most of them are used to join by CC and they do not "study" the list that closely, they pick number 1 option - CC.

No, but people do study customer buying habits, it's well established that giving customers too many choices leads to indecision.
https://www.google.com/search?q=givi...=93&ie =UTF-8

Originally Posted by mineistaken

I assume conversions were cut in half because they had huge influx of "bitcoin fanbase" traffic.

It can not go down to half just because half of the people decided not to join just because there was btc option in the list

How would those surfers know btc was being accepted until they got to the site, then clicked through to the payment page? Was it advertised on the tube they clicked through from? Doubtful.

[DamianJ]

Originally Posted by mineistaken

I assume conversions were cut in half because they had huge influx of "bitcoin fanbase" traffic.

Why do you assume that?

[mineistaken]

Originally Posted by dyna mo

How would those surfers know btc was being accepted until they got to the site, then clicked through to the payment page? Was it advertised on the tube they clicked through from? Doubtful.

I am talking about bitcoin fan traffic when btc fans post on reddit or everywhere that "check this site out, it accept btc" and stuff like that.

What I mean that adding BTC as an option can not cut sales in half

Like when you have 100,000 hits a day and 100 sales a day, then add btc as an option and have same 100,000 hist a day and 50 sales a day. That is impossible, even stupid to think about that. For this to happen you need more than 50% ready to join by CC people change their mind just because they saw btc option, taht thinking would be just insane

More likely scenario is that you have 100,000 hist a day and 100 sales a day and after btc addtion you get 200,000 hist a day and same 100 sales. And that makes your ratio drop because of useless extra traffic.
This is more likely scenario, not the one above.

So let's not confuse people into thinking that having btc options damages sales. It more likely just increase garbage traffic that leads to decreased ration.

If it damaged sales every other program would have removed BTC already, but they did not.

[mineistaken]

Originally Posted by DamianJ

Why do you assume that?

Because adding BTC option could not scare half (and even more than half because not all of them study list of joining options, most of them just click CC) of your ready to join customers. Common sense. Plus if it did every other program that started accepting BTC would have removed them immediately.
I explained that in more detail in the post above.

[DamianJ]

Originally Posted by mineistaken

Because adding BTC option could not scare half (and even more than half because not all of them study list of joining options, most of them just click CC) of your ready to join customers. Common sense. Plus if it did every other program that started accepting BTC would have removed them immediately.

But, it *has*. He's posted the data.

Are you saying JT is lying or calling him stupid? Seems that way.

The porn programmes that added it, did it for the publicity. I doubt they tested it properly, with high traffic sites as JT has.

[mineistaken]

Originally Posted by DamianJ

But, it *has*. He's posted the data.

Are you saying JT is lying or calling him stupid? Seems that way.

The porn programmes that added it, did it for the publicity. I doubt they tested it properly, with high traffic sites as JT has.

His NUMBER OF SALES dropped almost in half? All I see is that his ratio dropped in half and the only reasonable explanation is that he got extra bitcoin trash traffic that hurt his ratio.

I mean you can not possibly believe that adding btc option can discourage half of the people to join just because they saw btc option and thought "they have btc option I better not join this site".. maybe 1% or 3% could be scared, but not 50% (actually even more as not evrybody study full option list), to believe that would be just insanely insane.

[DamianJ]

Originally Posted by mineistaken

I mean you can not possibly believe that adding btc option can discourage half of the people to join just because they saw btc option and thought "they have btc option I better not join this site"..

So, you're saying he is lying.

Interesting.

[mineistaken]

Originally Posted by DamianJ

So, you're saying he is lying.

Interesting.

I would be saying that if he said that his NUMBER OF SALES dropped in half.
But he is not saying that. He is saying that his RATIO dropped in half.

[dyna mo]

Originally Posted by mineistaken

I would be saying that if he said that his NUMBER OF SALES dropped in half.
But he is not saying that. He is saying that his RATIO dropped in half.

I see, then L-pink's comment could be the explanation. I was assuming this was typically generated traffic for them.

[TheSquealer]

Originally Posted by mineistaken

Because adding BTC option could not scare half (and even more than half because not all of them study list of joining options, most of them just click CC) of your ready to join customers. Common sense. Plus if it did every other program that started accepting BTC would have removed them immediately.
I explained that in more detail in the post above.

You are making assumptions that are unfounded. No one said "scared". Until you manage a lot of traffic and buy a lot of traffic, you'll understand that "more" is not better. "More" is more often than not, confusing. It's called The Paradox of Choice. Further, when presented with more choices and particularly ones they are not familiar with such as Bitcoins... they are likely not being "scared"... they are likely leaving the join page to educating themselves on bitcoins and getting lost in an endless sea of information, much of it bad.

Making a sale online is about guiding an users thoughts to a conclusion. You have to answer the questions they are silently but actively asking themselves the moment they open the site in a form of a dialogue, where you answer those questions through the presentation, well laid out information, guiding them to a conclusion where at that point, all questions should have been well answered. Getting them to the join page and asking "Would you like to pay with Turnips" is just going to cause a shit ton of questions at the exact wrong moment and most are going to research what that is about. The user is then lost.

[DamianJ]

Originally Posted by mineistaken

I would be saying that if he said that his NUMBER OF SALES dropped in half.
But he is not saying that. He is saying that his RATIO dropped in half.

He's not mentioned the sales. He's mentioned the ratio. And he didn't issue any press releases about accepting it that I saw. So, the conclusion here is that you are a big silly goose assuming anything about someone else's sales or ratios.

Carry on.

[TheSquealer]

And the biggest message in this has gone ignored.... Tubes killed porn. Porn is dead. No one pays for porn.

He relies heavily on tubes for his traffic.....

"We have just launched our 17th website and now have an active member database of more than 23,000 paying members," added JT. "The initial phase of the affiliate program rollout included the launch of more than a dozen top quality exclusive video sites."

Not bad for few years of aggressive effort.

[mineistaken]

Originally Posted by dyna mo

I see, then L-pink's comment could be the explanation. I was assuming this was typically generated traffic for them.

Like I said, you can not believe that adding BTC option could possibly scare 50% of ready to join customers
Maybe some would be scared thinking "I heard bitcoin is used for drugs, this site accepting btc must be shady, I will not join", but it should be like 1% or 3%.. not 50%.. That would be beyond insanse thinking.
Plus take into consideration other BTC accepting paysites, even if they saw 10% decrease in sales they would drop BTC option as a rock... And we are engaging thinking that number might be 50%. It is just not a reasonable thinking to put politely

[DamianJ]

Originally Posted by mineistaken

Like I said, you can not believe that adding BTC option could possibly scare 50% of ready to join customers

I believe everything JT has to say about selling membership websites.

Have you considered that simply offering ANY secondary payment option would change ratios?

No? Didn't think so.

Carry on.

[mineistaken]

Originally Posted by TheSquealer

You are making assumptions that are unfounded. No one said "scared". Until you manage a lot of traffic and buy a lot of traffic, you'll understand that "more" is not better. "More" is more often than not, confusing. It's called The Paradox of Choice. Further, when presented with more choices and particularly ones they are not familiar with such as Bitcoins... they are likely not being "scared"... they are likely leaving the join page to educating themselves on bitcoins and getting lost in an endless sea of information, much of it bad.

Making a sale online is about guiding an users thoughts to a conclusion. You have to answer the questions they are silently but actively asking themselves the moment they open the site in a form of a dialogue, where you answer those questions through the presentation, well laid out information, guiding them to a conclusion where at that point, all questions should have been well answered. Getting them to the join page and asking "Would you like to pay with Turnips" is just going to cause a shit ton of questions at the exact wrong moment and most are going to research what that is about. The user is then lost.

You are correct.
"scared" is just a word, let's include all the things you said in to it. I was just using it for simplicity.
All I was saying that adding BTC option can not discourage 50% of people to join the site that otherwise would have joined.