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Thread: Bitcoin

  1. #1
    Gay Journalist and erotic video producer.
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    Bitcoin

    Anyone having success with processing Bitcoin payments by customers?


  2. #2
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    I have been dabbling in Alt Coins. Got me some BTC, ETH, LTC and XRP.

    Quite the rollercoaster ride, but my first $200 in purchases is up by $40! Last weekend was a "correction," then new people bought in and back to new highs. Predictions are for doubling the current price of BTC (BitCoin).

    Here's some places to start:

    Coinbase

    LiteBit

    Mercatox

    Coinify


  3. #3
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    Here's a great opportunity for Webmasters, as Affiliates and as customers as well.

    Unlike the Stock Markets, one way to make money on the AltCoin markets is to "Mine" your own Coins! You can do it yourself with hardware and software, OR, you can invest with "Mining" companies.

    Here's a great Mining company called BitDetector. A Customer can invest a few dollars to thousands of dollars, in BitCoins, and earn 10% per day!

    I've spent a month learning about Coins, and Wallets, and Mining (and "Faucets" and more), but you don't have to! Your customers already know, and this is your chance to earn by promoting a product line that is of great interest to the same consumer base that enjoys Adult Entertainment, Porn, Toys, Gambling, etc.

    At the three September porn trade shows, seminars about Coins were at least as popular as the seminars about porn industry topics.

    BitDetector has some good looking banners for you to use.

    And, you can consider "investing" yourself. This company accepts BitCoins. In Europe, BitCoin ATMs are popular. In most countries, you can buy BitCoins on-line, or as BitCoin ATMs are introduced. It is a little tougher buying BitCoins if you are a US citizen, but I'll share some of that next.


    added by Bec:
    Nick says: Since we can't edit or delete old posts here, I would warn readers to NOT consider Bitdetector, Coinify, or HOUR INVEST.

    You should go to their sites to be impressed with their Bootstrap graphics, but don't invest any money with them. They are PONZI scams.


  4. #4
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    I'm in Hashflare right now! Not as hefty a payout, but they're still standing.

    I like Bitdetector for the awesome Bootstrap animations, and the 10% per day earnings.

    Coinify has a respectable payout as well. I have already re-invested 10-days of earnings, doubling my "investment" deposit.

    If you wanted to be WOW'd by web graphics, there's HOUR INVEST. I like their "hourly" earnings plan!

    It is one thing to buy BTCs and ETHs to speculate on their going to $10K... and then there's Mining sites that payout daily returns. Since when has a US bank paid 10^/day .

    I have a list at Crypto Currencies.

    added by Bec:
    Nick says: Since we can't edit or delete old posts here, I would warn readers to NOT consider Bitdetector, Coinify, or HOUR INVEST.

    You should go to their sites to be impressed with their Bootstrap graphics, but don't invest any money with them. They are PONZI scams.


  5. #5
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    Since we can't edit or delete old posts here, I would warn readers to NOT consider Bitdetector, Coinify, or HOUR INVEST.

    You should go to their sites to be impressed with their Bootstrap graphics, but don't invest any money with them. They are PONZI scams.


  6. #6
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    I added your comment into two of the prior posts, that way someone who only reads part of the thread won't get misinformed.


  7. #7
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    Thanks, Bec.

    That's important.


  8. #8
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    Owning BitCoins, LiteCoins, Ethereum is fun... and there are ways to just buy and sell to earn "profits".

    Buy Coins, hold them in your Wallet, and Sell when there's a gain. Americans have fewer options than Europeans, because most of the AltCoin exchanges and Wallets don't want to do the tax accounting and reporting to the US IRS.

    There are more and more BitCoin ATMs popping up around the world. You can buy several types of Coins... some of these ATMs will let you sell, and get local currency dispensed. No names, no faces, no records!


  9. #9
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    Apologies, but I feel like this topic shows exactly why BTC can't be considered for transactions. Isn't the original poster asking for feedback on using Bitcoin as a method of payment? The rest of this topic is referrals to bitcoin mining, and trading, and the volatility of bitcoin -- all reasons for why mainstream consumers stay away from such a niche trend.


  10. #10
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    I have a BitCoin Wallet that I use on my DVD site.

    To pay me, the customer opens their Wallet, scans the QR Code on my check out page, and the Coin transaction will be confirmed in my Wallet in 30-60 minutes.

    I can let the Coins sit there for a while, or convert to cash, when I feel like it.


  11. #11
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    This is really a lot easier than using a third-party BitCoin processor, because my "Wallet" is on my Android tablet, on my table next to my desktop computer.

    I open my Wallet and watch the transactions realtime. Like a traditional bank account, but there's no other party messing with my funds.

    The customer opens their Wallet, scans my QR Code. I can make Wallets, with their respective QR Codes, anytime I want to.

    qrcodeIncoming.png


    Wallet.jpg


  12. #12
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    BTC are "commodities". People buy/sell/hold gold, silver, and other commodities, and have for decades.

    There are price swings, and the swing is on the upside right now.

    I mostly got into AltCoins because at the three September porn trade shows, Amsterdam, Berlin and Prague, it was a topic that was constantly on the agenda.

    I put my Wallet QR Code on my shopping cart checkout pages. It is possible that there are customers wanting to spend recent BitCoin riches on porn... or maybe I'm getting ready now for future acceptance globally.

    Some people Buy and Sell Coins, some "trade" Coins at a substantial "discount" rate. There are "mining sites" that need to be very carefully checked out for Ponzi schemes. There are ICOs, Initial Coin Offerings, for new Coins; if you buy during the ICO, you get a bonus fraction of a Coin.


  13. #13
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    Coinbase is important for Americans, because they allow US Citizens to join. Many other sites for Buying, Selling and Trading Coins do not allow US Citizens, because of KYC ("Know Your Customer"), and tax reporting.


    Congrats! You just earned a $10 bonus for inviting your friend **** to Coinbase.

    They received the same bonus.

    Earn more by inviting your friends with this link: https://www.coinbase.com/join/569d36c9dca944488d000409

    There ya go! You, too, can earn your first $10 in BTC with Coinbase. They are responding rapidly to the increased network congestion.


  14. #14
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    Today was a wild ride, but after the US woke up and got online, BTC went up almost $50.

    Since I am in Bucharest this month, I am 7 hours ahead of New York, and 10 hours ahead of LA. The trading day is half-way through, around the world, and won't be finished until I wake up tomorrow morning!

    I am pleased to be spending part of my day, now, looking after my Coinbase account, in addition to promoting my websites.

    And next week, taking a break for a few days, following the updates and re-launches of my websites (in signature below).


  15. #15
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    Recent market gyrations in January have settled down. Thankfully, there are calming forces, such as the Coinbase exchange https://www.coinbase.com/join/569d36c9dca944488d000409.


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