Author

Topic: How will wallet providers monetize? (Read 1043 times)

legendary
Activity: 1806
Merit: 1024
December 04, 2014, 11:25:01 AM
#9
Also blockchain.info sells ads!

Forgot about that! Grin Thanks for telling! Smiley

In future wallet providers might introduce small service fees for transactions.

They might also offer additional services against pay.

But this will not happen in the near future to any notable extent, because there's too much competition in the marketplace. Currently every wallet provider tries to get as many users as possible, postponing profitability considerations.

ya.ya.yo!

Coinbase charges 0.0002BTC/tx , so they charge 0.1mBTC as fee per tx per address but a lot of people use it. Roll Eyes

  ~~MZ~~

Ok, then I was wrong and it's already happening.

As long as the fee is small, it doesn't seem to bother people...

ya.ya.yo!
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 04, 2014, 11:14:16 AM
#8
Also blockchain.info sells ads!

Forgot about that! Grin Thanks for telling! Smiley

In future wallet providers might introduce small service fees for transactions.

They might also offer additional services against pay.

But this will not happen in the near future to any notable extent, because there's too much competition in the marketplace. Currently every wallet provider tries to get as many users as possible, postponing profitability considerations.

ya.ya.yo!

Coinbase charges 0.0002BTC/tx , so they charge 0.1mBTC as fee per tx per address but a lot of people use it. Roll Eyes

  ~~MZ~~
legendary
Activity: 1806
Merit: 1024
December 04, 2014, 11:10:32 AM
#7
In future wallet providers might introduce small service fees for transactions.

They might also offer additional services against pay.

But this will not happen in the near future to any notable extent, because there's too much competition in the marketplace. Currently every wallet provider tries to get as many users as possible, postponing profitability considerations.

ya.ya.yo!
sr. member
Activity: 384
Merit: 250
December 04, 2014, 11:09:49 AM
#6
blockchain.info charges for coin mixing services, they might charge for other things I'm not sure.

blockchain.info mixes coins? Never knew.

I think he meant Sharedcoin - https://sharedcoin.com/ . You might want to look this too : http://www.coindesk.com/blockchains-sharedcoin-users-can-identified-says-security-expert/ and http://www.reddit.com/r/Bitcoin/comments/27rsv8/confirmed_blockchaininfo_shared_coin_is_broken/

P.S. I haven't seen/heard any other fees, so I think they don't charge fees other than for mixing.

   ~~MZ~~

Thanks for the links.

Also blockchain.info sells ads!
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 04, 2014, 10:56:53 AM
#5
blockchain.info charges for coin mixing services, they might charge for other things I'm not sure.

blockchain.info mixes coins? Never knew.

I think he meant Sharedcoin - https://sharedcoin.com/ . You might want to look this too : http://www.coindesk.com/blockchains-sharedcoin-users-can-identified-says-security-expert/ and http://www.reddit.com/r/Bitcoin/comments/27rsv8/confirmed_blockchaininfo_shared_coin_is_broken/

P.S. I haven't seen/heard any other fees, so I think they don't charge fees other than for mixing.

   ~~MZ~~
sr. member
Activity: 384
Merit: 250
December 04, 2014, 10:44:58 AM
#4
blockchain.info charges for coin mixing services, they might charge for other things I'm not sure.

blockchain.info mixes coins? Never knew.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
December 04, 2014, 10:33:49 AM
#3
blockchain.info charges for coin mixing services, they might charge for other things I'm not sure.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
December 04, 2014, 09:52:36 AM
#2
As far as I can tell, unless they offer currency exchange features or display advertisements, they don't. It seems like most of these wallet services are just burning through venture capital to stay afloat/compete for market share. How do wallet services plan to monetize?


I'am pretty sure they get some money as donations. most of them put their BTC Adress on the wallet for donations
newbie
Activity: 48
Merit: 0
December 04, 2014, 09:47:17 AM
#1
As far as I can tell, unless they offer currency exchange features or display advertisements, they don't. It seems like most of these wallet services are just burning through venture capital to stay afloat/compete for market share. How do wallet services plan to monetize?
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