Was the main premise to create a easy way for writers that did not see the light of day in the circle of magazines to still get paid?
Its to bad,as we need more voices to counter the 'fake news"(Sorry could not resist) and breathe fresh ideas and concepts into a polluted narrative
ran over by big wallets.
Did not follow the evolution line of how the service might have gone off track but I would hope that there is still a place to reward well thought out papers and articles.
I also agree a lot of companies that are now needing life lines due to ill thought out ideas should go to the way side and be replanned or left to die.
Hopefully a better concept comes along.
Topic: R.I.P. ChangeTip - page 2. (Read 1815 times)
there wouldn't be any return. i can't imagine one single bitcoin company has made a return for any of their investors. the only ones that do make money are gambling, dark markets and exchanges and they rarely seem to get legit investment.
i guess the money went on the usual stuff like premises, wages, promotion. it's pretty easy to burn through a million or two if you're trying to keep up appearances.
i guess the money went on the usual stuff like premises, wages, promotion. it's pretty easy to burn through a million or two if you're trying to keep up appearances.
We may see few other alternatives popping up on same idea as of changetip but with some better idea to generate more revenue for the project. Where does those seed money were used? Any info regarding how that was used and what return those investors got who have crowdfunded changetip?
Funny how people are blaming changetip for being "centralised".
yeah. this moan is getting a little old. and most people who are rolling it out probably bought something via a processor or an exchange or service like circle and are using this forum. none of them looked too decentralized last time i checked.
changetip was so centralized and was even banning users, it is better they disappear sooner!
Unfortunately it is the truth. Read this story: https://forum.bitcoin.com/bitcoin-discussion/guy-who-tipped-thousands-of-dollars-with-changetip-gets-banned-tells-his-story-t3083.htmluh, yeah. the guy was abusing and exploiting their system. if i was running it i'd ban the asshole too.
The problem with most of these start ups is that they have nice idea but you still need to market it right and start generating revenue and making profit. These trend will still continue especially in crypto all these ICOs with no real way of making profit will wind down soon
Have heard about changetip but can't find them useful or atleast i don't see any use for me. Recently micropayment platform faucetbox also announced it will be shutting down due to very low revenue. Now another bitcoin micropayment platform dying, anybody have good idea how they could have survived?
I thought of one idea to increase faucetbox revenue by adding one banner ad from faucetbox on faucet script which can't be removed by faucetowner and faucetbox could have sold that banner space on bidding.
I thought of one idea to increase faucetbox revenue by adding one banner ad from faucetbox on faucet script which can't be removed by faucetowner and faucetbox could have sold that banner space on bidding.
Ps. Dogetipbot seems still to be working tho 
This remains true because of a couple of huge differences between Bitcoin (and its community) and Dogecoin (and its community).
While Bitcoin community is more focused on real gains and more ... serious, dogecoiners (while they got much less than before) are happy even with 100 Doge gift, although it means nothing as value.
The small valuation of dogecoin may have also helped in this.
All in all, Dogecoin tips on Reddit still happen, while for Bitcoin one has to actually work.
Edit: of course, there are a very few exceptions in Bitcoin community too, notable persons that still use(d) to give out free Satoshi now and then (I know of BipolarBob, philipma1957 and Stunna)
Funny how people are blaming changetip for being "centralised". Guess what, their goal was to enable instant tips on social media, not to become a high value, anonymous payment processor. FFS, they enabled people to send bitcoin tips to those who didn't even know what Bitcoin is. By that, changetip have probably done more in promoting Bitcoin than any other business. Not every service needs to be decentralised.
And no, sending small tips (micro transactions) directly to btc address don't work, it's horribly ineffective and uneconomical.
I wonder how many of members so concerned about centralisation are actually willing to sacrifice comfort and convenience and start using decentralised services. Open Bazaar failed to get any serious traction, probably same goes for bitsquare (not sure though), and this post it's also pretty revealing.
this is sad somehow as their idea was nice and it brought some new people to bitcoin. but i guess this is what happens if you do not use a service enough and prefer to cling to your coins. known companies will close and this will be a warning to new startups, so we might miss out on some great ideas, because the did not want to take the initial risk.
ChangeTip one was of the early Bitcoin startups.
In the beginning it was a great idea, but it still was a centralized service.
I never used them.Well that's how it looks when ideas continue to develop and progress or not.Either you make it or you have to shut down.
In the beginning it was a great idea, but it still was a centralized service.
I never used them.Well that's how it looks when ideas continue to develop and progress or not.Either you make it or you have to shut down.
Frankly, I'm not sad about it. ChangeTip was a centralized service that actually undermined real Bitcoin use and if used imposed obstacles, risks and costs on tipping. It also reduced privacy. To tip another person all you need is a Bitcoin address. I don't see any benefit of using ChangeTip for this purpose and I wouldn't have thrown seed money at such kind of business ($3.5m for what? - a simple app). It doesn't surprise me that it failed to gain traction, because a real Bitcoiner doesn't use it and all other people can't see a reason to register at a service to receive minuscule amounts of a currency they are not familiar with.
So I shed no tear seeing ChangeTip shutting down. It's about time to use the real thing again. And even the lolly purchasers will soon be happy after SegWit and LightningNetworks are going live.
ya.ya.yo!
So I shed no tear seeing ChangeTip shutting down. It's about time to use the real thing again. And even the lolly purchasers will soon be happy after SegWit and LightningNetworks are going live.
ya.ya.yo!
it was centralized and i didn't like their rules but a tipping platform which is off the chain is a good thing whether you and i like it or not. it helps speed things up and make everything so much easier.
for instance on reddit you could have asked a question in a non-crypto board like /r/techsupport and then tip the best answer that was very helpful with changetip and the answer didn't have to have a bitcoin address and that way he was introduced to bitcoin too. two birds with one stone!
Frankly, I'm not sad about it. ChangeTip was a centralized service that actually undermined real Bitcoin use and if used imposed obstacles, risks and costs on tipping. It also reduced privacy. To tip another person all you need is a Bitcoin address. I don't see any benefit of using ChangeTip for this purpose and I wouldn't have thrown seed money at such kind of business ($3.5m for what? - a simple app). It doesn't surprise me that it failed to gain traction, because a real Bitcoiner doesn't use it and all other people can't see a reason to register at a service to receive minuscule amounts of a currency they are not familiar with.
So I shed no tear seeing ChangeTip shutting down. It's about time to use the real thing again. And even the lolly purchasers will soon be happy after SegWit and LightningNetworks are going live.
ya.ya.yo!
So I shed no tear seeing ChangeTip shutting down. It's about time to use the real thing again. And even the lolly purchasers will soon be happy after SegWit and LightningNetworks are going live.
ya.ya.yo!
You know that unclaimed tips goes back to the sender? I could not disagree with you more at this moment. ChangeTip was launched to showcase micro tipping on multiple platforms, which would not be effective with any other payment methods.
I can still remember when Microsoft started to accept Bitcoin on it's XBox platform, and how people reacted to the Free money that were tipped in r\Xbox. We should not underestimate the influence that this application had on Bitcoin adoption or expose to the technology.
I for one, are sad to see it go.
Always start with the end in mind. That's a golden rule for startups. Plan your finances and marketing well. Most of the startup fails to see it right. Cash is not the solution, if you can't manage it well. It's sad to see a site like this go, but that's the harsh reality of life. Wish the owners come back with something better.
ChangeTip, few years back one of the most promising Bitcoin startups (raised $3.5m seed funds) failed to get traction and will be shutting down soon.
Probably new version of changetip will take place in future.
I wouldn't give someone $2 for making a good post online; most people do that for free.
There have been a couple posts that have helped me enough where I would tip the author.
Mostly things dealing with programming- PHP/ SQL, HTML, Java...
Stackoverflow and Reddit have reputation systems, but you can't actually tip someone with real money.
Sites like these could benefit from a payment system where users get money for their correct answers.
About this news I noticed something interesting. You can find a disclaimer under that text which says that:
"CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in ChangeTip."
Does the fact that Coindesk has shares of ChangeTip change anything here?
"CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in ChangeTip."
Does the fact that Coindesk has shares of ChangeTip change anything here?
changetip was so centralized and was even banning users, it is better they disappear sooner!
Unfortunately it is the truth. Read this story: https://forum.bitcoin.com/bitcoin-discussion/guy-who-tipped-thousands-of-dollars-with-changetip-gets-banned-tells-his-story-t3083.html
Well, it was a good idea, but the actual market doesn't really have a need for tipping on social media. Most users won't tip someone with a numerical balance, the best case scenario you could have would be something like what happens with Reddit; a token of value given to other users.
I wouldn't give someone $2 for making a good post online; most people do that for free.
I wouldn't give someone $2 for making a good post online; most people do that for free.
ChangeTip was one of the most used Social tipping platforms and I'm very upset to see it go. I really hope the founders have some avenues to sell their company and keep it running. The only reason I could see them fail is because of the fee's that they had introduced after which a lot of users stopped using it. They had a free service running for a very long time, due to which it built the perception in the peoples mind that it was a good free tipping platform and payment gateway for it. I really hope something similar on the lines gets into business and promotes tipping to charities and other social service institutions.
changetip was so centralized and was even banning users, it is better they disappear sooner!
https://www.reddit.com/r/BitcoinMarkets/comments/5e23ea/daily_discussion_monday_november_21_2016/da9txhd/
there's gonna be more and more of this. 2013 inspired people to throw money at anything. now the chickens are coming home to roost. the next wave of investment might actually need to deliver.
there's gonna be more and more of this. 2013 inspired people to throw money at anything. now the chickens are coming home to roost. the next wave of investment might actually need to deliver.
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