Anyone planning on taking bitcoin payments?

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  • buyadultblogposts
    Confirmed User
    • Jul 2014
    • 120

    #1

    Anyone planning on taking bitcoin payments?

    I was wondering if anyone here was planning on taking bitcoin payments?

    I was thinking off setting it up on a few sites.

    What about you guys?
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  • faxxaff
    Confirmed User
    • Dec 2002
    • 2134

    #2
    Definitely, going to use it for b2b payments along with Paxum. Of course it's risky.
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    • k0nr4d
      Confirmed User
      • Aug 2006
      • 9231

      #3
      Don't waste your time. It's been proven time and time again here that no one will ever buy anything with btc on an adult site. The only value of it is the fact you can do a press release on a bitcoin forum...
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      • seeandsee
        Check SIG!
        • Mar 2006
        • 50945

        #4
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        • DAMNMAN
          Confirmed User
          • Dec 2002
          • 1440

          #5
          I take bitcoin for whatever reason. BTC will rule soon.
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          • jscott
            jscizzle
            • Feb 2001
            • 25412

            #6
            Originally posted by k0nr4d
            Don't waste your time. It's been proven time and time again here that no one will ever buy anything with btc on an adult site. The only value of it is the fact you can do a press release on a bitcoin forum...
            If a PR reason, is still a good enough reason imho, especially how it's been made so easy with verotel, bitpay, etc
            “If you think tough men are dangerous, wait until you see what weak men are capable of.”
            —Jordan B. Peterson

            Listen to Pomp tell why is Bitcoin important

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            • buyadultblogposts
              Confirmed User
              • Jul 2014
              • 120

              #7
              Originally posted by k0nr4d
              Don't waste your time. It's been proven time and time again here that no one will ever buy anything with btc on an adult site. The only value of it is the fact you can do a press release on a bitcoin forum...
              Why do you say that?

              I know bitcoin is a bit technical now, but once its super easy for general people to use it, why would you not use it?
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              • buyadultblogposts
                Confirmed User
                • Jul 2014
                • 120

                #8
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                • CPA-Rush
                  small trip to underworld
                  • Mar 2012
                  • 4927

                  #9
                  bitcoins are great

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                  • adultmobile
                    No, I am not banned
                    • Nov 2003
                    • 5345

                    #10
                    Originally posted by k0nr4d
                    Don't waste your time. It's been proven time and time again here that no one will ever buy anything with btc on an adult site. The only value of it is the fact you can do a press release on a bitcoin forum...
                    It had nearly paid back the small fee you billed me to implement it
                    Now that I have those bitcoins what I do with it? Don't need drugs at the moment...

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                    • CaptainHowdy
                      Too lazy to set a custom title
                      • Dec 2004
                      • 94733

                      #11
                      Nope . . .

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                      • k0nr4d
                        Confirmed User
                        • Aug 2006
                        • 9231

                        #12
                        Originally posted by buyadultblogposts
                        Why do you say that?

                        I know bitcoin is a bit technical now, but once its super easy for general people to use it, why would you not use it?
                        There are so, so many reasons...

                        to start:
                        - BTC is price is very volatile. Tomorrow 1 BTC might be $200 or $400.
                        - It's too hard to buy for joe surfer. If someone is smart enough to acquire and use BTC, then they are smart enough to be able to find free porn.
                        - It's not instant transaction, you have to wait - dick in hand - for the confirmations.
                        - The PR is useless, because your release is going out to bitcoin fans so you won't gain diddly shit for sales
                        - We did it for tubecamgirl as he mentioned in this thread and he recovered the cost of our implementation of it just now apparently - and we did this like 2-3 months ago. I don't remember how much we charged for this but it wasn't much

                        It's bad for you for the same reasons. Your $30 in BTC might be worth $15 tomorrow, and you can't rebill automatically. And if someone actually DOES use it it's gonna be some hacker that buys some BTC (anonymously), signs up to your site (anonymously), leeches all your content and puts it on torrents (anonymously).
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                        • Clark
                          Confirmed User
                          • Feb 2003
                          • 334

                          #13
                          Originally posted by k0nr4d
                          There are so, so many reasons...

                          to start:
                          - BTC is price is very volatile. Tomorrow 1 BTC might be $200 or $400.
                          - It's too hard to buy for joe surfer. If someone is smart enough to acquire and use BTC, then they are smart enough to be able to find free porn.
                          - It's not instant transaction, you have to wait - dick in hand - for the confirmations.
                          - The PR is useless, because your release is going out to bitcoin fans so you won't gain diddly shit for sales
                          - We did it for tubecamgirl as he mentioned in this thread and he recovered the cost of our implementation of it just now apparently - and we did this like 2-3 months ago. I don't remember how much we charged for this but it wasn't much

                          It's bad for you for the same reasons. Your $30 in BTC might be worth $15 tomorrow, and you can't rebill automatically. And if someone actually DOES use it it's gonna be some hacker that buys some BTC (anonymously), signs up to your site (anonymously), leeches all your content and puts it on torrents (anonymously).
                          +1 He's right
                          I love digital currency and expect it to become a huge force. Just not an match for adult now
                          The 2 rules for success:
                          1. Never reveal everything you know
                          2.

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                          • Fat Panda
                            Porn is Dead. Move along.
                            • Aug 2006
                            • 13296

                            #14
                            btc is a fucking scam

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                            • buyadultblogposts
                              Confirmed User
                              • Jul 2014
                              • 120

                              #15
                              Some good points k0nr4d.. and yes you are right.

                              Although i think its a smart system, and any power we can take away from the banksters is great
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                              • cainedognj
                                Registered User
                                • May 2005
                                • 15

                                #16
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                                • AlexFS
                                  Confirmed User
                                  • May 2011
                                  • 418

                                  #17
                                  Absolutely. It's a wise choice. Start accepting them.

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                                  • AmeliaG
                                    Too lazy to set a custom title
                                    • Jan 2003
                                    • 10663

                                    #18
                                    It is not replacing credit cards any time soon, but I'm glad we accept Bitcoin.
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                                    • buyadultblogposts
                                      Confirmed User
                                      • Jul 2014
                                      • 120

                                      #19
                                      Yea its new but i think its pretty interesting, once more people use it and the kinks are worked out it could solve alot of problems with current processing
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                                      • mafia_man
                                        Confirmed User
                                        • Jul 2005
                                        • 1965

                                        #20
                                        Originally posted by k0nr4d
                                        Don't waste your time. It's been proven time and time again here that no one will ever buy anything with btc on an adult site. The only value of it is the fact you can do a press release on a bitcoin forum...
                                        People are too tech savvy to download porn if they are savvy enough to buy bitcoin.

                                        I'm out.

                                        Comment

                                        • TrafficRush
                                          See My SIG!
                                          • Dec 2003
                                          • 2099

                                          #21
                                          I accept btc and exchange for paxum ;) FundsMoving.com: Fast money exchanger - all ecurrencies
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                                          • buyadultblogposts
                                            Confirmed User
                                            • Jul 2014
                                            • 120

                                            #22
                                            TrafficRush.. if you called your website fundsinmotion.com i think your sales would go through the roof
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                                            • The Ghost
                                              IslandDollars.com
                                              • Oct 2004
                                              • 12188

                                              #23
                                              We accept them and they make sales. Affiliates get full credit for those sales too.
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                                              • The Ghost
                                                IslandDollars.com
                                                • Oct 2004
                                                • 12188

                                                #24
                                                I'd go further to say niche content probably benefit most from adding bitcoin options. Anonymity for the customers kinks.
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                                                • jscott
                                                  jscizzle
                                                  • Feb 2001
                                                  • 25412

                                                  #25
                                                  Originally posted by The Ghost
                                                  We accept them and they make sales. Affiliates get full credit for those sales too.
                                                  “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                  —Jordan B. Peterson

                                                  Listen to Pomp tell why is Bitcoin important

                                                  Comment

                                                  • Plutocracy
                                                    Pluto: Planet or Doggie
                                                    • May 2014
                                                    • 858

                                                    #26
                                                    I've been thinking about it as an alternative - once I do something with my adult site lol I have been reading about bitcoin a lot lately
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                                                    • marcop
                                                      Confirmed User
                                                      • Nov 2005
                                                      • 4150

                                                      #27
                                                      Bitcoin is, apparently, the worst investment of 2014... read all about it, from Quartz.com: Bitcoin is the worst investment of 2014 – Quartz

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                                                      • jscott
                                                        jscizzle
                                                        • Feb 2001
                                                        • 25412

                                                        #28
                                                        Originally posted by marcop
                                                        Bitcoin is, apparently, the worst investment of 2014... read all about it, from Quartz.com: Bitcoin is the worst investment of 2014 ? Quartz
                                                        What a stupid article.

                                                        Bitcoin can be bought and sold every single day as a good investment or bad, depending on how low/high you buy, and how low/high you sell.

                                                        As investment opportunity everyday and all day to make it good investment or bad

                                                        As for bitcoin itself, it isn't going anywhere, all the major companies are already integrating it. Newest was this Microsoft thingy
                                                        “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                        —Jordan B. Peterson

                                                        Listen to Pomp tell why is Bitcoin important

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                                                        • marcop
                                                          Confirmed User
                                                          • Nov 2005
                                                          • 4150

                                                          #29
                                                          Originally posted by jscott
                                                          Bitcoin can be bought and sold every single day as a good investment or bad, depending on how low/high you buy, and how low/high you sell.

                                                          As investment opportunity everyday and all day to make it good investment or bad
                                                          I had never done any reading about Bitcoin, and have just done a little research. The US Treasury has called it a "a decentralized virtual currency" (per Wikipedia). I presume that's an accurate description, so if it's a currency, how is it an investment vehicle? And if it's an investment vehicle, how can it be a currency? Or is it essentially--vis-a-vis the US dollar--a foreign currency that fluctuates freely, just as yen or pounds or Euros do?

                                                          Comment

                                                          • jscott
                                                            jscizzle
                                                            • Feb 2001
                                                            • 25412

                                                            #30
                                                            Originally posted by marcop
                                                            Or is it essentially--vis-a-vis the US dollar--a foreign currency that fluctuates freely, just as yen or pounds or Euros do?
                                                            Yes

                                                            I think the main reason it's talked about as an investment so much is because it's still very very new.
                                                            “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                            —Jordan B. Peterson

                                                            Listen to Pomp tell why is Bitcoin important

                                                            Comment

                                                            • John_Galbani
                                                              Confirmed User
                                                              • Oct 2014
                                                              • 298

                                                              #31
                                                              They will crush soon. I don't trust bitcoints idea.
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                                                              • rowan
                                                                Too lazy to set a custom title
                                                                • Mar 2002
                                                                • 17393

                                                                #32
                                                                Originally posted by k0nr4d
                                                                - It's not instant transaction, you have to wait - dick in hand - for the confirmations.
                                                                This is not quite right.

                                                                Because each node tracks pending transactions, forming a network consensus, it is possible to conclude with a high level of confidence that a given transaction is valid, and will be incorporated into a future block, only 10 to 15 seconds after the sender initiates it.

                                                                Comment

                                                                • marcop
                                                                  Confirmed User
                                                                  • Nov 2005
                                                                  • 4150

                                                                  #33
                                                                  Originally posted by marcop
                                                                  I had never done any reading about Bitcoin, and have just done a little research. The US Treasury has called it a "a decentralized virtual currency" (per Wikipedia). I presume that's an accurate description, so if it's a currency, how is it an investment vehicle? And if it's an investment vehicle, how can it be a currency? Or is it essentially--vis-a-vis the US dollar--a foreign currency that fluctuates freely, just as yen or pounds or Euros do?
                                                                  I can understand buying and holding Bitcoin as an investment, or trading them like Forex traders do, presuming there's a marketplace where you can do that. But I still don't get why you'd want to accept funds that can fluctuate a lot as payment for goods or services--why accept that risk when you're merely selling something? Why not just use USD or Euros?

                                                                  Comment

                                                                  • buyadultblogposts
                                                                    Confirmed User
                                                                    • Jul 2014
                                                                    • 120

                                                                    #34
                                                                    Originally posted by marcop
                                                                    I can understand buying and holding Bitcoin as an investment, or trading them like Forex traders do, presuming there's a marketplace where you can do that. But I still don't get why you'd want to accept funds that can fluctuate a lot as payment for goods or services--why accept that risk when you're merely selling something? Why not just use USD or Euros?
                                                                    That is one of the main problems with bitcoin, the price fluctuations.

                                                                    Although as its a new system its bound to happen, most people feel the price will stabalize in the future.
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                                                                    • buyadultblogposts
                                                                      Confirmed User
                                                                      • Jul 2014
                                                                      • 120

                                                                      #35
                                                                      I am currently building a bitcoin mining machine, just for fun..
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                                                                      • rowan
                                                                        Too lazy to set a custom title
                                                                        • Mar 2002
                                                                        • 17393

                                                                        #36
                                                                        Originally posted by buyadultblogposts
                                                                        I am currently building a bitcoin mining machine, just for fun..
                                                                        Sounds like your post fell through a wormhole from 2012. Seriously though, what are you building?

                                                                        I still have a stack of GPUs sitting behind me that I need to resell.

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                                                                        • Socks
                                                                          Confirmed User
                                                                          • May 2002
                                                                          • 8475

                                                                          #37
                                                                          We launched https://www.humpthebundle.com today and our FIRST SALE ever was a $12 Bitcoin sale using a Nexus 7 tablet.

                                                                          Times done changed!

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                                                                          • Dead
                                                                            They left the door open
                                                                            • Apr 2003
                                                                            • 4755

                                                                            #38
                                                                            Originally posted by John_Galbani
                                                                            They will crush soon. I don't trust bitcoints idea.
                                                                            Just a fad like the internet,,,any day now????? Tax free money sucks as well.....

                                                                            Comment

                                                                            • buyadultblogposts
                                                                              Confirmed User
                                                                              • Jul 2014
                                                                              • 120

                                                                              #39
                                                                              Originally posted by rowan
                                                                              Sounds like your post fell through a wormhole from 2012. Seriously though, what are you building?

                                                                              I still have a stack of GPUs sitting behind me that I need to resell.
                                                                              Sounds good, you can donate them to me and ill advertise your company on my blog as i have with other people who have donated hardware.

                                                                              Its possible to make some decent money if you have good machines, GPU's wont really cut it you need ASIC machines, but the GPU's would be good for script mining litecoins

                                                                              Mostly i am just building it for fun, it will make a few bucks tho.
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