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Bitcoins and the Adult Industry
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? :helpme |
match made for heaven.
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my cousin india can card for you 102 joins per everyday if you are paying by bitcoins
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fuck you. 8========) |
Verotel accepts bitcoins :thumbsup
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how does it work for rebills? |
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Lets hope Verotel can chime in on that question :) |
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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. |
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% :thumbsup |
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. |
I don't think it grows at all....
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We have been taking BTC for over a year now.
Very low usage, but still worth having. |
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.
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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. |
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. |
Name 3 of your friends that have some bitcoin in a wallet...
Can you even name 1? This is why sales are not there. |
I think the problem is young people embrace bit coin and young people dont see porn as something to pay for.
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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. |
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Edit: wasn't criticizing you for using it, just elaborating on that last point you made |
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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:2 cents: |
Bitcoin value will drop one day and all will go to hell
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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. |
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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. |
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 |
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. |
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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.
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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. Quote:
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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. |
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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. |
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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. |
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.
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this!!!! |
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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:
Did they accept adult business or did they have some internal restrictions? |
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