Bitcoin Forum

Chaturbate (NSFW) surveying new payment options, bitcoin is one of them. I think you have to be registered to take the survey. After you're signed in, go to broadcast yourself, and the link is below the video window. You don't have to be a model to take the survey. Chaturbate is a high traffic adult live cam site, and could be a signal that others are looking at bitcoin as an option. May the jokes commence :).

Not heard of it but the name made me lol.

Caught you, pervert  ;D. This is good news regardless of what people may think of the site. I think Bitcoin would be ideal for the industry and performers. Hope they implement it.

Same here. I would think that Cam4 and MyFreeCams would follow suit as well.

And now they are accepting!

http://chaturbate.com/tipping/purchase_tokens/

i dont use the site, but even i can see that would cause a better advertising campaign then silk road would

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.

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.

But then the couldn't exploit each model equally.  No clue about how much of a cut they take, but I'm guessing they make a killing off of the models.

They would actually make more money because of the income sliding scale, and they wouldn't have to hold any money it would make them less of a target.

From what I've seen:
- A tokens costs between 7 and 9 cents, depends on how many you buy at once or the pay method (wire transfer and bitcoin are the cheapest)
- Each model receives 5 cents per token withdrawn

I believe the models receive in fiat (in the credit card, I suppose). But it wont take long to bitcoin become and option for withdrawal

Adult site users love anonymity, so bitcoin payments are a great idea, especially with Playboy leading the way.

Hurry up! Biturbate.com still available  :D

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.

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.

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!

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 ;) that is why I posted it. If someone does use it, just give me free tokens for life that would be cool.

Bitcoin already has a seedy reputation which it is just beginning to shed. This probably isn't helping...

+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 ;) Including myself. So while most people here think hardcore bitcoiners are very anti-social the truth is actually the opposite.

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. ;D ;D

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.

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.

Common bro...stop lying.  You've never been laid.  ;D

And now they stop.Why?

Well this pretty much kills the business models of other bitcoin cam sites. All you need is chaturbate now.