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Join Date: Jun 2014
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Ok here is a response from digdug to your comments DDuckworth
Okay so as a site owner of a bitcoin based porn site, I feel I might have some things to contribute...of course I could be wrong. But here goes it.
First, the name of the coin ruins the point of it, at least to me anyway. Let's say you want to purchase porn anonymously using bitcoin, the anonymity is likely from that of your spouse, girlfriend, or family. None of those require great lengths of work to become anonymous using bitcoin, you go buy bitcoin, then you spend it on what you will. Your bank account may show that you bought bitcoin, and your SO will see that, they'll probably think nothing of it, since there are so many reasons to have bitcoin, jumping to porn would be an unreasonable conclusion.
*REPLY* So, buying Sexcoin is as annonymous as buying Bitcoin at this point. In fact most people are trading Bitcoin for Sexcoin. The advantage is that we are working to have a stable coin that is accepted at Adult commerce sites. The rush is on for everyone to accept Bitcoin, but just like credit cards and porn in the 90's, Bitcoin will 'grow up' and become a monetary tool that will not want to associate with porn/pot or other legal activities that are deemed socially tainted.
Now, let's assume the same circumstance with sexcoin, you go purchase sexcoin (i'm excluding mining at the moment, since most people aren't miners/don't have mining equipment) then your SO goes and looks at what you purchased: sexcoin..."SEXCOIN!?! YOU'RE BUYING SEXCOIN FOR WHAT, SEX WITH OTHER GIRLS!?" - she might say, and even if she assumes it's porn, what was the point? There may be anonymity in what porn you purchase, but the fact that you are using it for porn is kind of out of the question.
*REPLY* Again, the purchase of Sexcoin as a currency can be done a number of ways, Mine it, Trade other crypto currency for it, spend fiat for it (yes we have a cash-to-sexcoin service avaiable). If you can't figure a way to purchase porn with a credit card and hide it from your gf/spouse, then you are kinda dumb.
Now, on to your question of what it would take for me to accept it. The answer to that is very simple, a solution which removes the risk entirely, which allows instant conversion to USD at the price given. Along with that, would need to be a fully fleshed out API for easy integration, with good documentation.
*REPLY* Please be realistic, there is always risk. If you take Credit Cards you are at more risk to have a customer file a chargeback complaint with Visa/MC then you are to have a chargeback with crypto currency. That is becasue you CAN'T reverse a transaction with Sexcoin. As to stability and instant crypto to cash, You don' t have that with Bitcoin. In time these services WILL be available. But the crypto eco system is really less than 2 years old, remember what the internet looked like in 1995 and what it is like now.
IN FACT, you can have merchant services with Sexcoin right now. Visit SXCWALLET.COM and see a Merchant service that allows you to have multiple items for sale, with a QR code for each, and all the sales are tracked and the payments goto your master address. Then you can transfer, keep or whatever with your Sexcoins.
Along with that, I would like to see who is buying using sexcoin, I believe that many will accept new coins quickly, because accepting is easy, you take it in and convert it and you're finished. But saying you'll take it doesn't mean you'll get any buyers - where is your core user base located?
*REPLY* Ok, just check the blockchain. See every transaction ever of Sexcoin, sxcexplorer dot com forwardslash chain forwardslash Sexcoin ***cant post links yet so thats been edited***
I hope this helps, but I've got to say I really currently see no incentive for it, the fast confirmation times are completely irrelevant when using services like coinbase which take all of the risk and fund you at 0 confirmations. If I'm missing something please let me know! I need to stay on the bleeding edge of this field
If you want to have a secure, anonymous coin that is geared for the Adult industy, we are it. I hope that you will consider accepting Sexcoin as a payment option on your site.
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