Business Bitcoins and the Adult Industry

[HollywoodRevenue]

Is the adult industry keeping up with the growing use of bitcoins by online cosumers?

Any Affiliate Programs paying with bitcoins?

How about paysites that accept bitcoins?

Processors that rebill in bitcoins? <----is this even possible.

anyone?

[xXXtesy10]

match made for heaven.

[420]

my cousin india can card for you 102 joins per everyday if you are paying by bitcoins

[HollywoodRevenue]

Originally Posted by 420

my cousin india can card for you 102 joins per everyday if you are paying by bitcoins

fuck you.









8========)

[jscott]

Verotel accepts bitcoins

[HollywoodRevenue]

Originally Posted by jscott

Verotel accepts bitcoins

Very nice.
how does it work for rebills?

[jscott]

Originally Posted by HollywoodRevenue

Very nice.
how does it work for rebills?

This I would like to know also.

Lets hope Verotel can chime in on that question

[AdultKing]

Originally Posted by HollywoodRevenue

Is the adult industry keeping up with the growing use of bitcoins by online cosumers?

The premise of this question is the problem.

The average joe consumer still does not even know what a Bitcoin is and that's the way it will stay for the foreseeable future.

The users of Bitcoin are not your typical average consumer.

[jscott]

Sponsors will eventually come around to paying with bitcoin.

Right now the fees of loading payoneer and paxum accounts to pay affiliates are so high, when in fact a lot of affiliates would rather be paid in bitcoin anyways, where sponsors can buy bitcoin to send affiliates at fees as low as 0.5%

[adultmobile]

I accept bitcoin, litecoin for payments, and told this in bitcoin forums, but no success.. bitcoins account for 0.00000001% of sales, and not growing.

One affiliate asked me payment with bitcoin but he was cheater, you guess is not safe to cheat programs and ask be paid in a paxum you can report to paxum.

[Lykos]

I don't think it grows at all....

[NewbieNudes]

We have been taking BTC for over a year now.

Very low usage, but still worth having.

[Marquis85]

Getscorecash (link in my sig) accepts bitcoins on their paysites (I only checked the ones that convert the best for me and they accept it) i dont know about the entire network. I'm currently testing some ads that mention this on my sites.

[arock10]

Originally Posted by HollywoodRevenue

Very nice.
how does it work for rebills?

Simple, it doesn't

[rowan]

Originally Posted by arock10

Simple, it doesn't

Correct. Bitcoin payments can only be initiated by the owner of the wallet (or someone hax0ring it). There's no way to "pull" a payment like there is with a CC or electronic check.

[jscott]

So there is no way the paysite could have tagged that first payment from affiliate id X, and then next rebill date just initiate a type of invoice, and if that same customer decides to pay again, it's credited towards that same affiliate account.

C'mon boys.

[DWB]

We've been accepting them for 8 months, and with the data we have from that time, I see zero future for Bitcoin and the porn industry.

There has been zero growth for us at all while accepting Bitcoin as a payment option. Sales trickle in, but everything has already been stated above. Bitcoin and porn are not a good match, and no matter how much Bitcoin supporters want to believe things are going to get better, the truth of the matter is, it isn't. We will still accept them, as it all adds up at the end of the month, but the writing is on the wall.

In theory, it's a fantastic idea. However, in reality, it just doesn't work. If you're smart enough to know about Bitcoins, you're smart enough to not have to pay for porn, ever. Many guys joined our sites and sent us emails saying they do not want the membership but just wanted to support businesses that supported Bitcoin.

Furthermore, the biggest affiliates these days for porn paysites are the big tubes. They don't want to get paid in Bitcoins. So smaller affiliates really don't have much leverage to push programs to pay via Bitcoin.

[Dirty D]

Name 3 of your friends that have some bitcoin in a wallet...
Can you even name 1?

This is why sales are not there.

[tony286]

I think the problem is young people embrace bit coin and young people dont see porn as something to pay for.

[adultmobile]

Originally Posted by DWB

If you're smart enough to know about Bitcoins, you're smart enough to not have to pay for porn, ever.

In our case we are a cam site and you can't get for free a "private chat", as cam sites we're not affected by piracy, in fact adultking is always reporting bigger cam sites advertising in pirate sites (and it converts there).
Still, we don't see bitcoin sales - as well as normal shops does not see bitcoin sales.

Illegal shops: drugs, stolen goods etc. - are the bitcoin killer application still today.

[arock10]

Originally Posted by adultmobile

In our case we are a cam site and you can't get for free a "private chat", as cam sites we're not affected by piracy, in fact adultking is always reporting bigger cam sites advertising in pirate sites (and it converts there).
Still, we don't see bitcoin sales - as well as normal shops does not see bitcoin sales.

Illegal shops: drugs, stolen goods etc. - are the bitcoin killer application still today.

Illegal shops, stolen goods: why promote something that can be used to just encourage pirating and monetizing even more stolen porn

Edit: wasn't criticizing you for using it, just elaborating on that last point you made

[HollywoodRevenue]

Originally Posted by Dirty D

Name 3 of your friends that have some bitcoin in a wallet...
Can you even name 1?

This is why sales are not there.

Originally Posted by Dirty D

Name 3 of your friends that have some bitcoin in a wallet...
Can you even name 1?

This is why sales are not there.

lol the same 3 friends that go work manual labor everyday ,dont post on gfy ,dont make money online and still would pay for porn ?

the world is changing at an extremely fast rate..thinking that bitcoin isnt a possibility in adult is somewhat close minded.

if you are familiar with deep web etc you would know people are craving bitcoin like crack.

if given an option personally i would rather my affiliate commisions be paid in bitcoin

[seeandsee]

Bitcoin value will drop one day and all will go to hell

[lezinterracial]

Originally Posted by HollywoodRevenue

if you are familiar with deep web etc you would know people are craving bitcoin like crack.

if given an option personally i would rather my affiliate commisions be paid in bitcoin

Yea, I think people like to collect and get bitcoin. But they don't like to buy with bitcoin.

And as said before, there is a problem with paying affiliates with bitcoin. Because there is a greater chance of fraud. Other forms of payment are tied to a bank account, usually leading back to a real person and a trail.

example- Bad guy signs up for affiliate status with a fake name and fake id, buys stolen credit card dump, signs up a bunch of people with stolen cards, takes his bitcoin and runs. There is no trail of cash to get that money back.

[DWB]

Originally Posted by HollywoodRevenue

lol the same 3 friends that go work manual labor everyday ,dont post on gfy ,dont make money online and still would pay for porn ?

the world is changing at an extremely fast rate..thinking that bitcoin isnt a possibility in adult is somewhat close minded.

if you are familiar with deep web etc you would know people are craving bitcoin like crack.

The numbers don't lie.

Unfortunately, people who are craving bitcoin like crack are not porn consumers. The difference between the two is enormous, as is the deep web and porn industry. I know you and many others want it to succeed, and maybe it will, but it isn't working out for porn the way everyone was hoping it would. The data is there that confirms this. No one is doing great accepting them on their sites. It's such a tiny, tiny, tiny percentage of sales it isn't even fathomable that it is going to be anything else. Phone dial-up sales from 3rd world countries run circles around bitcoin sales.

[Forest]

do you really think anyone who know how to navigate the deep web needs to pay for porn any currency?

They can find as much of it for free as they want to

[Joshua G]

bitcoin & marijuana legalization are in a war for which has the most bullshit surrounding it.

I say marijuana bullshit is stinkier than bitcoin bullshit cause more people understand pot while joe bloggs is hopelessly confused by bitcoin. OP had no idea it is impossible to rebill on BTC, by design.

At least pot is an actual object & gets you high, unlike BTC which magically disappears when your mt gox or silk road vanishes into thin air.

[xXXtesy10]

Originally Posted by JoshGirls Josh

bitcoin & marijuana legalization are in a war for which has the most bullshit surrounding it.

I say marijuana bullshit is stinkier than bitcoin bullshit cause more people understand pot while joe bloggs is hopelessly confused by bitcoin. OP had no idea it is impossible to rebill on BTC, by design.

At least pot is an actual object & gets you high, unlike BTC which magically disappears when your mt gox or silk road vanishes into thin air.

when i buy goat for orgy sexual party (please no ask), seller not want bitcoin or marijuana i try yesterday

[ilnjscb]

How many bitcoin wallets are there in total? 10M? and about 220,000 user a day engage in transactions. According to blockchain, "Wallets are frequently downloaded by people with a casual interest in bitcoin, which means a large number are inactive or abandoned." BTC does like 80,000 transactions compared to 325,000,000 with the top cards. Not bitcoin to bitcoin trades, but purchases with BTC. The volume is very low, and about half of all above board transactions seem to be gambling. DC has a great future, but maybe in a later iteration.

[mafia_man]

Originally Posted by jscott

Verotel accepts bitcoins

Why would you even bother when you can send them to bitpay for nothing?

[fuzebox]

Originally Posted by DWB

If you're smart enough to know about Bitcoins, you're smart enough to not have to pay for porn, ever.

QFT

[420]

Originally Posted by Dirty D

Name 3 of your friends that have some bitcoin in a wallet...
Can you even name 1?

This is why sales are not there.

Nobody buys btc to spend unless they're desperate for drugs. Who would use their investment to buy something cash can buy? Could you see steve jobs trading his appl stock for coke in the 80s?

Like DWB said, if you can figure out how to acquire bitcoins, you can figure out how to get porn for free. Although, I think people that know about btc still go to the cinema. Probably because hollywood movie tubes aren't very popular.

Originally Posted by seeandsee

USD value will drop one day and all will go to hell

I guess.

[leines]

I think bitcoin has an big advantage for the adult industry.
There is no chargeback risk and the user can pay absolutely anonymous. No hassle with Visa/Mastercard for violent content.
Cheaper than credit card and faster payout.
It must be easy for the customer to buy bitcoins and to spend bitcoins.
Bitcoin is the cash for the internet and the payment method of the future.

[chronik]

Originally Posted by 420

Nobody buys btc to spend unless they're desperate for drugs. Who would use their investment to buy something cash can buy? Could you see steve jobs trading his appl stock for coke in the 80s?

Like DWB said, if you can figure out how to acquire bitcoins, you can figure out how to get porn for free. Although, I think people that know about btc still go to the cinema. Probably because hollywood movie tubes aren't very popular.




I guess.

Watching a movie in a theatre isn't anything like buying porn you fucking idiot. Hollywood movie tubes aren't very popular? Why even bother posting? Maybe not tubes but hollywood movies get pirated just as much as porn if not more so. Another GFY moron.

The difference is in the stigma between buying porn, and buying a hollywood movie. Not to mention going to a theatre with friends, girlfriend, family, etc as a night out/social event vs. buying porn (porn theatre?)

Even a hollywood movie on a DVD could be a lot more purchasable to some people than a porn website subscription or a porn DVD.

So besides the obvious or what DWB has already said, people with bitcoins going to the movies or buying movies doesn't mean at all that they will buy porn.

[chronik]

Originally Posted by leines

I think bitcoin has an big advantage for the adult industry.
There is no chargeback risk and the user can pay absolutely anonymous. No hassle with Visa/Mastercard for violent content.
Cheaper than credit card and faster payout.
It must be easy for the customer to buy bitcoins and to spend bitcoins.
Bitcoin is the cash for the internet and the payment method of the future.

What the hell does a customer care about the seller having no chargeback risk? That will make them stick to using their creditcard where they are overly protected vs. bitcoin where they are not protected at all.

Paying anonymously is an advantage, though that issue is more or less solved by using prepaid visa cards...

Bitcoin is NOT the cash for the internet and is NOT the payment method of the future. It has some elements that could be, but it has a long way to go and it's more likely that it won't ever get there.

[chronik]

If somehow Bitcoin became as popular as something like Paypal, where a fair majority of people surfing the web have wallets with a balance intact that would be the day that people would start buying porn with bitcoin, because instead of even getting out their creditcard info or anything else, an impulse buy with bitcoin in a fast simple way similar to a paypal impulse buy would happen often.

[adultmobile]

Originally Posted by chronik

If somehow Bitcoin became as popular as something like Paypal.

If somehow there was no more hunger, starvation and war in the world, ...

[DAMNMAN]

Originally Posted by tony286

i think the problem is young people embrace bit coin and young people dont see porn as something to pay for.

this!!!!

[jscott]

Originally Posted by chronik

If somehow Bitcoin became as popular as something like Paypal

FYI, you know this is already happening right? Paypal itself can vie to this

[leines]

Some Payment Methods (like PayPal) did have problems with Adult & Porn.
Bitcoin doesn't have any restrictions to your content.

And it is absolutely anonymous for the user. If i consume porn i don't want that anybody knows my identity. As a user i can buy my bitcoins on a exchange or an Exchange office with my credit card or alternative payments. there i doesn't have any problems to give my identity. i receive my BTC and can start to consume it anonymous. perfect & easy.

Advantages for the merchant:

• Customers Pay in Bitcoin – Merchant Receive Euros, Dollars, Kroner and More
• Zero Knowledge required
• Cheaper Than Credit Cards
• No Chargebacks
• All business models and content allowed

Did somebody have experience with some of the Bitcoin merchant Services (like Bitpay, Coinsnap, coinbase, bips, coinfy or gocoin).
Did they accept adult business or did they have some internal restrictions?

[seeandsee]

bitcoin model is privacy and shit great, but its still at the start for mass use

[DAMNMAN]

Originally Posted by seeandsee

bitcoin model is privacy and shit great, but its still at the start for mass use

which is why it's the time to get you some!!!!!
The time to invest in google, facebook, apple, etc was not once they were accepted by the majority. By then it's too late for sizable returns.

[ITraffic]

tubes will never take off. who wants all those low quality videos?

[30SalesPlus]

As it's been said a 1000times if someone uses bitcoins in their day to day life buying things they are too smart to pay for porn. So bitcoins and porn are a bust.

[PornoPlopedia]

Bitcoin is great. But this version will not work imo. Many flaws involved, the biggest is the fact that there is only a limited amount of BC Capped at 21 Millions.
Once the 21 Millions threshold is reached then it will be a collectible item. Value will rise much more than inflation and people will view them as an investment and not put them in circulation. Not to mention the federal reserve's best interest to see it crumble.
There should be a smarter version of Cryptocurrency that will fix the flaws of bitcoins

[slapass]

Originally Posted by HollywoodRevenue

lol the same 3 friends that go work manual labor everyday ,dont post on gfy ,dont make money online and still would pay for porn ?

the world is changing at an extremely fast rate..thinking that bitcoin isnt a possibility in adult is somewhat close minded.

if you are familiar with deep web etc you would know people are craving bitcoin like crack.

if given an option personally i would rather my affiliate commisions be paid in bitcoin

Bitcoins are not new. They have been around for years and at least now with stable pricing they might start to get traction but no one is really doing much business in them.

[PR_Glen]

Mobile sales were a microcosm at one point.. then everyone got them, technology changed and now where would most of us be if we ignored that market?

limiting yourself to anything is a fools play..


ps i have no investment in btc so i'm shill proof here ;)

[420]

Originally Posted by chronik

Watching a movie in a theatre isn't anything like buying porn you fucking idiot. Hollywood movie tubes aren't very popular? Why even bother posting? Maybe not tubes but hollywood movies get pirated just as much as porn if not more so. Another GFY moron.

The difference is in the stigma between buying porn, and buying a hollywood movie. Not to mention going to a theatre with friends, girlfriend, family, etc as a night out/social event vs. buying porn (porn theatre?)

Even a hollywood movie on a DVD could be a lot more purchasable to some people than a porn website subscription or a porn DVD.

So besides the obvious or what DWB has already said, people with bitcoins going to the movies or buying movies doesn't mean at all that they will buy porn.

I think you're reading too much into my posts. If you can figure how to get bitcoins you can figure out where to pirate anything you want. I don't care about a porn stigma. I'm saying just because you know how to do something doesn't make you do it.

Anyway, the point is btc are pretty hard to acquire and there are usually fees involved with buying them. Few people will spend them on anything like porn or movies that can be purchased with another payment method.

[Clark]

I have dealt directly with a few of those companies. BitPay & GoCoin accept adult as well as Coinapult last I spoke w/ them. I do not know the others you mentioned.

Bitcoin is subscription adult model does not fit.
Bitcoin in some other models works better however that is not the issue with bitcoin being a worthy payment form.
In the US it takes far too much effort to obtain bitcoin therefore only dedicated believer hold any. (and the biggest problem w/ bitcoin's growth is that most of it is just held, not used for commerce) Mildly interested people stay on the sidelines.

Originally Posted by leines

Some Payment Methods (like PayPal) did have problems with Adult & Porn.
Bitcoin doesn't have any restrictions to your content.

And it is absolutely anonymous for the user. If i consume porn i don't want that anybody knows my identity. As a user i can buy my bitcoins on a exchange or an Exchange office with my credit card or alternative payments. there i doesn't have any problems to give my identity. i receive my BTC and can start to consume it anonymous. perfect & easy.

Advantages for the merchant:

• Customers Pay in Bitcoin ? Merchant Receive Euros, Dollars, Kroner and More
• Zero Knowledge required
• Cheaper Than Credit Cards
• No Chargebacks
• All business models and content allowed

Did somebody have experience with some of the Bitcoin merchant Services (like Bitpay, Coinsnap, coinbase, bips, coinfy or gocoin).
Did they accept adult business or did they have some internal restrictions?

[ilnjscb]

sorry to bump but good article, not enough to make a new thread:

Hoots Mon, 70% O' Bitcoins Are Sure An Hoarded Fer Nae On Ta 6 Moonths