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Topic: R.I.P. ChangeTip - page 3. (Read 1818 times)

legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
November 21, 2016, 11:01:22 PM
#7
I suppose it's because of a failed business model. They should have patterned ChangeTip to Patreon.
legendary
Activity: 1050
Merit: 1004
November 21, 2016, 10:28:51 PM
#6
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.

While I agree with most of your sentiments, I do believe it has without a doubt increased awareness and helped draw many users into the cryptocurrency communities.
On another note, I'm glad someone shared about the discontinuation, though, I never received any communication from them and would've lost a good bit of funds!
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
November 21, 2016, 10:13:57 PM
#5
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!
SegWit and Lightning are really cool altcoins - but they are not Bitcoin. 

ChangeTip would have been fine if G.Max didn't cripple Bitcoin so it can't do microtransactions any longer.  Blockstream did this so they can charge money for the same traffic on their private network. 

Fuckers.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 21, 2016, 08:46:46 PM
#4

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.

https://www.reddit.com/r/changetip/comments/5dn3rc/changetip_shutting_down/

http://www.coindesk.com/bitcoin-tipping-service-changetip-shut/

So much for now for the social media tipping for masses. All the users are encouraged to withdraw any remaining balances.
It's a shame to see them go, but you can't operate if you don't generate revenue. I think it's one of those cases when getting massive cash injection at the start does more damage than good to the business idea.

Ps. Dogetipbot seems still to be working tho  Wink
The Big result wasn't mirroring about the great future.
That had become the big fail for who the people was investing in there.
Their plan is useless in my mind.

How many people you know on this forum take the time to send bitcoin to someone's address jist because they liked a post?  Absolutely none I'd bet.
It is true, none.
legendary
Activity: 1806
Merit: 1024
November 21, 2016, 08:31:54 PM
#3
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!
sr. member
Activity: 322
Merit: 251
November 21, 2016, 08:30:51 PM
#2
And I think most folks, which would include myself, prefer to get tipped in dogecoin.  You don't hafta deal wit fractions, you get whole coins.  That's a psychology thing I do realize, but it's true.

This don't surprise me none.  People with crypto jist don't want to part with it, and especially not to the retarded population that is Reddit.  How many people you know on this forum take the time to send bitcoin to someone's address jist because they liked a post?  Absolutely none I'd bet.
legendary
Activity: 2436
Merit: 1561
November 21, 2016, 08:11:36 PM
#1

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.

https://www.reddit.com/r/changetip/comments/5dn3rc/changetip_shutting_down/

http://www.coindesk.com/bitcoin-tipping-service-changetip-shut/

So much for now for the social media tipping for masses. All the users are encouraged to withdraw any remaining balances.
It's a shame to see them go, but you can't operate if you don't generate revenue. I think it's one of those cases when getting massive cash injection at the start does more damage than good to the business idea.

Ps. Dogetipbot seems still to be working tho  Wink
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