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Author Topic: Why Bitcoin does not work for porn  (Read 6290 times)
kostja
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December 31, 2013, 06:02:17 AM
 #21

doesnt free porn make paying for porn in any form kindof obsolete?
No, live shows rocks. Have You seen girls naked in public places making online shows?
People tip for that, and for many other things.
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mgio
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December 31, 2013, 06:05:21 AM
 #22

why bitcoins should work for porn.

1. bitcoin was designed to prevent companies just taking out cash from your account without request, simply because you forget. and any porn company relying on this form of theft should not be in business as its not good customer service.

2. instead of paying a monthly fee of a few dollars for unlimited access. bitcoins allows small transaction. it has been proven that a pay per view of EG $x per show earns more from regular customers then a $xx a month flat fee.

3.affiliates can get paid within 10 minutes and know that there will be no chargebacks to worry about. nor can affiliates abuse the payment system as they cannot simply abuse/grab money from other peoples accounts to make their ratings/commission look good. meaning porn sites do not need the expense of high security payment processors

4. if you are using a porn site that requires credit card details and has the scammy re-bill system then you truly would be that naive to think bitcoin is not better for both customer or business

Don't forget the BIGGEST reason! Bitcoin is (mostly) anonymous!

This way you can pay for porn and not have your wife ask you about that strange charge on your credit card statement. This is a huge one for people who want to be discrete.
kostja
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December 31, 2013, 06:10:35 AM
 #23

about that strange charge on your credit card statement.
There are a lot of prepaid cards, some time anonymous.
No traces on other billing history.
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December 31, 2013, 06:41:32 AM
 #24

about that strange charge on your credit card statement.
There are a lot of prepaid cards, some time anonymous.
No traces on other billing history.


how do you pre-pay for the card?
Voogru
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December 31, 2013, 06:53:19 AM
 #25

They can skip recurring memberships, and charge by video or image set.

This also makes it more difficult to do a siterip, where someone buys a single month membership, downloads the entire site, and cancels it right away. If someone wants to siterip the whole site, it would cost them hundreds, if not thousands of dollars.

Alternatively, switch to 3/6/12 month memberships only.

Had porn sites accepted bitcoin early on, and kept the bitcoins, well, shit, they'd be sitting on a huge pile of money that would absolutely dwarf any recurring membership.
grau (OP)
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December 31, 2013, 08:05:23 AM
 #26

I am not into starting a porn site, but tried to sell my technology to someone operating a couple of them. Thereby I learned what I wrote in the OP and shared it like a good community citizen. That is all.

Yes, I think porn sites should use Bitcoin as it would fit their customer's need, but whoever tries to sell that to them has to come up with a method that can compete with the revenue stream of their current scheme.
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December 31, 2013, 08:07:32 AM
 #27

It definitely is somewhat interesting discussion , but i guess you have to angle it and treat it like any other business, and whats
the point of business PROFIT PROFIT PROFIT. Can it be profit made by bitcoin? probably if you use good marketing strategies if other
business succeed using bitcoin why wouldnt this one.

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December 31, 2013, 08:36:13 AM
 #28

why bitcoins should work for porn.

1. bitcoin was designed to prevent companies just taking out cash from your account without request, simply because you forget. and any porn company relying on this form of theft should not be in business as its not good customer service.

2. instead of paying a monthly fee of a few dollars for unlimited access. bitcoins allows small transaction. it has been proven that a pay per view of EG $x per show earns more from regular customers then a $xx a month flat fee.

3.affiliates can get paid within 10 minutes and know that there will be no chargebacks to worry about. nor can affiliates abuse the payment system as they cannot simply abuse/grab money from other peoples accounts to make their ratings/commission look good. meaning porn sites do not need the expense of high security payment processors

4. if you are using a porn site that requires credit card details and has the scammy re-bill system then you truly would be that naive to think bitcoin is not better for both customer or business

1. "How it is" trumps "how it should be". Companies relying on the forgetfulness of their customers do exist, and presumably are profitable. They're therefore not going away  unless they become unprofitable.

2. Proven where? Does that work for porn, where there's an abundance of free material available, and brand loyalty is - I'm guessing - much lower than for TV shows and movies? I'm guessing there's a reason flat fees are used, see #1.

3. Now you have to either convince the affiliates to also take Bitcoin or also have a system in place to pay them in fiat, after exchanging your BTC first.

4.Again, since such sites exist, I assume some of them are profitable. Are there any sites that have managed to survive without re-billing?

edit: Point is, from what I read in the OP, it sounds like a degree of scamming is inherent to the internet porn business model, and since Bitcoin makes it harder for them to pull the kinds of scams they rely on for profit, Bitcoin isn't likely to be embraced by the porn industry soon.

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kostja
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December 31, 2013, 09:22:21 AM
Last edit: December 31, 2013, 09:37:09 AM by kostja
 #29


how do you pre-pay for the card?


in cash  
Quote
AVVISO IMPORTANTE:
Il servizio di acquisto e ritiro della carta prepagata Lottomaticard Easy presso i punti vendita
 LIS CARD abilitati è momentaneamente sospeso e sarà riattivato al più presto.
Not available in this moment, but start to sell in short time


or with card to card or credit card deposit with this card
for US residents is not available directly, you need search some partner, for example odesk.com
this card become explicit deny of any cryptocurrency transfer and contact

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December 31, 2013, 10:06:16 AM
 #30

You do realise that the problems you describe are a result of people trying to take other peoples' money without their consent? Maybe Bitcoin isn't the problem and porn companies just need to be more honest about how they charge people, you're seeing plenty of Bitcoin webhosts etc. popping up that do recurring payments and all they do is just send you an invoice rather than try to steal your money which is the way it should be.

I've been on the receiving end of the type of behaviour you've described from games companies, particularly SOE who tried to charge to the card I was using without my knowledge, the problem like with most things Bitcoin is with the users rather than the actual code itself.
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December 31, 2013, 10:54:04 AM
 #31

These issues are (recurring billing.etc) are quite silly. I don't think that they will be having a major voice if porn companies decides to introduce Bitcoin payments. The main thing is that their business can increase many fold through the guaranteed anonymity.
grau (OP)
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December 31, 2013, 11:41:11 AM
 #32

The OP was meant to be informative for those who wonder why Bitcoin does not pick up in porn: the re-bill scams and affiliate upfront payments far exceeding the first installment, are an essential part of the internet porn industry's business model.

The porn industry will use Bitcoin as soon as they run out of card processors supporting their re-bill scheme or customers who fall for the scheme or figure how to create comparable revenue.

Unfortunately a scam that works is rather profitable (until it is not), but at the moment our honest Bitcoin has an uphill battle here. I do not advocate any emulation of their flawed model with Bitcoin but am interested to hear about honest profitable models I can bring up next time I try to penetrate that industry.
grau (OP)
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December 31, 2013, 11:49:03 AM
 #33

The main thing is that their business can increase many fold through the guaranteed anonymity.

They know that, but one who attempts to increase market share this way will immediately loose all affiliates and be outcasted by the rest. Small players, new comers attempt it, but bigger ones do not take the gamble until the current scheme works.
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December 31, 2013, 04:10:33 PM
 #34

BTC users are smarter. They don't pay to get porn.
Come on, you've got to be stupid to pay for porn nowadays. There are tons of sites which are free.

I used to be a citizen and a taxpayer. Those days are long gone.
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December 31, 2013, 06:31:06 PM
 #35

BTC users are smarter. They don't pay to get porn.
Come on, you've got to be stupid to pay for porn nowadays. There are tons of sites which are free.
Came here to say that. But that's a short sighted argument, assuming bitcoin keeps expanding.

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December 31, 2013, 07:25:14 PM
 #36

BTC users are smarter. They don't pay to get porn.
Come on, you've got to be stupid to pay for porn nowadays. There are tons of sites which are free.
Came here to say that. But that's a short sighted argument, assuming bitcoin keeps expanding.

It's indeed short-sighted, but still somewhat valid. I think that a good portion of people who usually pay for site subscriptions aren't very Internet-savvy and don't want to go through the hassle of finding free porn (even if it's very, very easy to find).

Then again, I personally love seeing live shows and I've tipped models in the past even though I have easy access to all of the free porn I could ever need/want.

There's also the adult services industry. Adopting BTC on those could really help. Think Adult Friend Finder, etc...
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December 31, 2013, 07:27:01 PM
 #37

How are pre-checked cross sales supposed to work with Bitcoin??? Tongue

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December 31, 2013, 07:29:49 PM
 #38

Sexcoin is here  Grin
Do you understand ? each coin/each activity

Bitcoin is NOT a currency.
Bitcoin is a commodity.
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December 31, 2013, 11:26:01 PM
 #39

Also think about, adult industry doens't want anonymous customers. They want and need personal data on the customers for there marketing & research departments.


+1 for SexCoin obvious
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January 01, 2014, 02:06:11 AM
 #40

bitcoin will be adopted by adult industry once it's widely used and demanded as pay option by consumers.

for those who say why pay for porn, one of answers could be high quality, although that could be hard to come by due to amateurs infesting the industry. but even amateurs can provide high-er quality for pay.
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