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Topic: Chaturbate surveying new payment options, bitcoin one. (Read 8063 times)

sr. member
Activity: 378
Merit: 250
Well this pretty much kills the business models of other bitcoin cam sites. All you need is chaturbate now.
newbie
Activity: 54
Merit: 0
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Real sex is infinitely better. I encourage all readers to go outside, take a risk, make yourself vulnerable, and get laid. 10,000 rejections are worth one lay.

You won't regret it.

Common bro...stop lying.  You've never been laid.  Grin
donator
Activity: 1617
Merit: 1012
Looks like they took away the Bitcoin payment option in the past few days. I wonder if it could be a money laundering thing? Although you still need ID to be able to receive and cash out tokens, for a non-broadcaster account you could have bought tokens anonymously with bitcoins when that option was available.
legendary
Activity: 1498
Merit: 1000
Bitcoin in/fiat out, or bitcoin in/bitcoin out?

By the looks of it, you put Bitcoin in and get credits.  You spend the credits on the models and they get paid in fiat.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

That is a good idea and I won't be very surprised it someone else comes along and tries to run with it.  I mean more like a big fish in the game as I'm sure individuals have been doing this for a while.

I hope someone runs with that idea Wink that is why I posted it. If someone does use it, just give me free tokens for life that would be cool.

I recall another cam site already accepting Bitcoin and wasn't there a Bitcoin only site already?  I think the problem is getting enough models to accept it as payment.

Yes cam4btc.com and the problem it encountered in my opinion was it was too early to the game. But it got a decent number of models on their for a while, and it was p2p video so it was very much a techie place. I think it would work out better for a bigger site like chaturbate.
hero member
Activity: 672
Merit: 500
Bitcoin in/fiat out, or bitcoin in/bitcoin out?

By the looks of it, you put Bitcoin in and get credits.  You spend the credits on the models and they get paid in fiat.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

That is a good idea and I won't be very surprised it someone else comes along and tries to run with it.  I mean more like a big fish in the game as I'm sure individuals have been doing this for a while.

I hope someone runs with that idea Wink that is why I posted it. If someone does use it, just give me free tokens for life that would be cool.

I recall another cam site already accepting Bitcoin and wasn't there a Bitcoin only site already?  I think the problem is getting enough models to accept it as payment.
newbie
Activity: 56
Merit: 0
Bitcoin already has a seedy reputation which it is just beginning to shed. This probably isn't helping...
I think BTC has passed its golden period, I am ready to sell it and buy litecoin.

Another newbie who is mad that they didn't get in on the ground floor of bitcoins. Litecoin isn't going to be anywhere near bitcoin, there is only one bitcoin.
He was mad, bitcoin has been very promising. I'll back you up. Grin Grin
legendary
Activity: 1498
Merit: 1000
Bitcoin already has a seedy reputation which it is just beginning to shed. This probably isn't helping...
I think BTC has passed its golden period, I am ready to sell it and buy litecoin.

Another newbie who is mad that they didn't get in on the ground floor of bitcoins. Litecoin isn't going to be anywhere near bitcoin, there is only one bitcoin.
newbie
Activity: 56
Merit: 0
Bitcoin already has a seedy reputation which it is just beginning to shed. This probably isn't helping...
I think BTC has passed its golden period, I am ready to sell it and buy litecoin.
legendary
Activity: 1498
Merit: 1000
Real sex is infinitely better. I encourage all readers to go outside, take a risk, make yourself vulnerable, and get laid. 10,000 rejections are worth one lay.

You won't regret it.

+1, my friend who is only 23 smashed a 40ish MILF because he happened to be bored enough to hang out at a local dive bar until last call and she basically offered up some wine at her place.

He is no prize. Right place, right time. A great film maker once said, "80% of life is just showing up."

You do realize most people on this forum have a gf or wife Wink Including myself. So while most people here think hardcore bitcoiners are very anti-social the truth is actually the opposite.
hero member
Activity: 1036
Merit: 500
Real sex is infinitely better. I encourage all readers to go outside, take a risk, make yourself vulnerable, and get laid. 10,000 rejections are worth one lay.

You won't regret it.

+1, my friend who is only 23 smashed a 40ish MILF because he happened to be bored enough to hang out at a local dive bar until last call and she basically offered up some wine at her place.

He is no prize. Right place, right time. A great film maker once said, "80% of life is just showing up."
sr. member
Activity: 462
Merit: 250
Bitcoin already has a seedy reputation which it is just beginning to shed. This probably isn't helping...
legendary
Activity: 1498
Merit: 1000
Bitcoin in/fiat out, or bitcoin in/bitcoin out?

By the looks of it, you put Bitcoin in and get credits.  You spend the credits on the models and they get paid in fiat.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

That is a good idea and I won't be very surprised it someone else comes along and tries to run with it.  I mean more like a big fish in the game as I'm sure individuals have been doing this for a while.

I hope someone runs with that idea Wink that is why I posted it. If someone does use it, just give me free tokens for life that would be cool.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Bitcoin in/fiat out, or bitcoin in/bitcoin out?

By the looks of it, you put Bitcoin in and get credits.  You spend the credits on the models and they get paid in fiat.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

That is a good idea and I won't be very surprised it someone else comes along and tries to run with it.  I mean more like a big fish in the game as I'm sure individuals have been doing this for a while.
legendary
Activity: 1232
Merit: 1002
And also consider that 500 tokens are 45$ and with bitcoin they only charge you for about 39$

So I think it's still a great deal if you want to fap a lot and impress all the girls there!
hero member
Activity: 714
Merit: 503
Purchase 500  tokens for 0.0784 bitcoin

Chaturbate adds Bitcoin: You may now purchase tokens using bitcoin!


They added it!


Start fapping!


Change the title OP! Or an admin!

Considering the price of Bitcoin right now, they may be removing it very quickly.

They probably use bitpay or coinbase, it doesn't affect them.

Still a bit of a noob when it comes to this, can you explain how it doesn't affect them?

Bitpay and coinbase, instantly converts bitcoins to dollars, so they are always get the same amount of dollars instead of bitcoins. Bitcoin is just being a medium of transferring wealth. So if for argument sake we say 1 BTC = $5 and I buy $5 worth of tokens using bitcoin it would cost me 1 BTC. Then 20 mins later it takes 2 BTC = $5 and I buy $5 worth of tokens with bitcoins it would cost me 2 BTC. They are still getting $5 but it costing a different amount of bitcoins, they are taking no risk.

That makes sense to me know, thanks for the explanation.
legendary
Activity: 1498
Merit: 1000
Purchase 500  tokens for 0.0784 bitcoin

Chaturbate adds Bitcoin: You may now purchase tokens using bitcoin!


They added it!


Start fapping!


Change the title OP! Or an admin!

Considering the price of Bitcoin right now, they may be removing it very quickly.

They probably use bitpay or coinbase, it doesn't affect them.

Still a bit of a noob when it comes to this, can you explain how it doesn't affect them?

Bitpay and coinbase, instantly converts bitcoins to dollars, so they are always get the same amount of dollars instead of bitcoins. Bitcoin is just being a medium of transferring wealth. So if for argument sake we say 1 BTC = $5 and I buy $5 worth of tokens using bitcoin it would cost me 1 BTC. Then 20 mins later it takes 2 BTC = $5 and I buy $5 worth of tokens with bitcoins it would cost me 2 BTC. They are still getting $5 but it costing a different amount of bitcoins, they are taking no risk.
hero member
Activity: 714
Merit: 503
Purchase 500  tokens for 0.0784 bitcoin

Chaturbate adds Bitcoin: You may now purchase tokens using bitcoin!


They added it!


Start fapping!


Change the title OP! Or an admin!

Considering the price of Bitcoin right now, they may be removing it very quickly.

They probably use bitpay or coinbase, it doesn't affect them.

Still a bit of a noob when it comes to this, can you explain how it doesn't affect them?
hero member
Activity: 714
Merit: 503
Purchase 500  tokens for 0.0784 bitcoin

Chaturbate adds Bitcoin: You may now purchase tokens using bitcoin!


They added it!


Start fapping!


Change the title OP! Or an admin!

Considering the price of Bitcoin right now, they may be removing it very quickly.
legendary
Activity: 1232
Merit: 1002
Purchase 500  tokens for 0.0784 bitcoin

Chaturbate adds Bitcoin: You may now purchase tokens using bitcoin!


They added it!


Start fapping!


Change the title OP! Or an admin!
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