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Author Topic: How cryptocurrency is applicable to adult webcam?  (Read 2063 times)
247crypto (OP)
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January 09, 2014, 06:40:47 PM
 #1

Hi!
How is possible to apply crypto coins for independent web models (or online tutors)?
If there is high risk of scam, models need wait time for transaction confirmations, and that is too much for delivery of show on instant request or customer.
Maybe some known customer will become that he will, without waiting, but how to due, if there is a new one?
That is a bad idea, if customers need load coins a day before, when they become the possibility for spending coins on show.
Well, independent models uses RedPass or Payoneer.

How is possible to apply crypto coins to independent online webcam business?

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January 10, 2014, 08:11:41 AM
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i am a member of the forum for some time and i've read many posts and i am ready to start replying to your questions
247crypto (OP)
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January 10, 2014, 11:50:58 AM
 #3

Hi, question is simple.
How to become instant payment, with minimum time to payment confirmation?

For example, there is a bad customer, that will make a scam.
How to protect income from scam scrypt coin codes?
If model or online tutor need wait 6 hours for confirmation, it will work not for online shows or lessons/consulting.

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January 10, 2014, 11:57:19 AM
 #4

Hi!
How is possible to apply crypto coins for independent web models (or online tutors)?
If there is high risk of scam, models need wait time for transaction confirmations, and that is too much for delivery of show on instant request or customer.
Maybe some known customer will become that he will, without waiting, but how to due, if there is a new one?
That is a bad idea, if customers need load coins a day before, when they become the possibility for spending coins on show.
Well, independent models uses RedPass or Payoneer.

How is possible to apply crypto coins to independent online webcam business?

Yes it's possible and actually already has been implemented. You only need to wait for one transaction really and it's as good as received anyway.

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247crypto (OP)
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January 10, 2014, 01:10:55 PM
 #5

You only need to wait for one transaction really and it's as good as received anyway.
How much time?
What is fastest mode, and best coin for that?
Any model will have no charge backs and "free (unpaid) shows".

wait 12-48 hours for their transaction to confirm
https://bitcointalk.org/index.php?topic=339802.msg3645319#msg3645319

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January 10, 2014, 01:19:49 PM
 #6

You only need to wait for one transaction really and it's as good as received anyway.
How much time?
What is fastest mode, and best coin for that?
Any model will have no charge backs and "free (unpaid) shows".

wait 12-48 hours for their transaction to confirm
https://bitcointalk.org/index.php?topic=339802.msg3645319#msg3645319

You only really need one confirmation and the payment is almost instant. Maybe you could get around any potential problems by sending the BTC to your cam account then the cam website deposits payments automatically in the models account. Problem solved.

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January 10, 2014, 02:02:16 PM
 #7

The crypto currency model won't change to suit your needs.  There will always be time lag while the network verifies transactions.
You can choose to accept a single confirm, but there is some risk to that if there is a fork or double-spend.

However,  you might be putting up roadblocks that aren't there.

Simply offer the service.  Yes clients will have to wait for transactions.  Make that clear to them.  Allow them to buy credits in advance instead of charging them for a single show.

My feeling is that you'll still have customers....in fact, customers who are willing to wait for the transactions to clear are likely to be repeat customers...making up for the ones who are impatient and want it now now now!

It boils down to marketing.  Convince them your service is worth waiting for.
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January 10, 2014, 02:04:24 PM
 #8

If you're going to use it for anything adult-related, you should check out Sexcoin. It's marketed directly as a coin for the adult industry.

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January 10, 2014, 02:07:08 PM
 #9

If you're going to use it for anything adult-related, you should check out Sexcoin. It's marketed directly as a coin for the adult industry.

Why would they need to use it? A name doesn't matter. What does Sexcoin offer that BTC doesn't?

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January 10, 2014, 03:38:00 PM
 #10

sending the BTC to your cam account then the cam website deposits payments automatically in the models account.
I'm talking about independent models and online tutors.
Cam sites cut from 10 to 50% of customer money in exchange of video streaming service and other.
Independent models/tutors are using various messengers, from PalTalk to Skype for video streaming.

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January 10, 2014, 03:44:35 PM
 #11

1-Yes clients will have to wait for transactions.  Make that clear to them. 
2-Allow them to buy credits in advance instead of charging them for a single show.
1) How much time?
2) Checking the credit history of customer between dildos and oil on skin is a bad idea.

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January 10, 2014, 03:53:17 PM
 #12

If you're going to use it for anything adult-related, you should check out Sexcoin. It's marketed directly as a coin for the adult industry.

Why would they need to use it? A name doesn't matter. What does Sexcoin offer that BTC doesn't?

If there is any amount of coins, quoted on Crypsy, they are all OK.
I need instructions, how models/online tutors can to earn they all with shortest transaction confirmation, or if there some fastest coin, that permit make it in  shortest time.

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January 10, 2014, 03:55:21 PM
 #13

sending the BTC to your cam account then the cam website deposits payments automatically in the models account.
I'm talking about independent models and online tutors.
Cam sites cut from 10 to 50% of customer money in exchange of video streaming service and other.
Independent models/tutors are using various messengers, from PalTalk to Skype for video streaming.

Just send them the money either directly or through a payment processor like Bitpay etc.

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January 10, 2014, 04:02:42 PM
 #14

You actually don't need to wait 6 confirmation. One confirmation is enough for your purpose. It usually takes several minutes. You may start show instantly with 0 confirmations, ant stop it if double-spend detected. But organization of double-spend attack is very unlikely in your case. So don't worry and start accept bitcoins. The advantages are obvious - no chargebacks, very low commissions, no agents, no problem to cashout, etc.
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January 10, 2014, 04:11:08 PM
 #15

You may start show instantly with 0 confirmations, and stop it if double-spend detected.
How much time it will be??
15 minut of free (unpaid) show is too much, even 5 minutes is not OK.
But, if there some system, that confirm in 5 minutes, is OK, free chatting is not free show, customer can wait online.

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January 10, 2014, 04:13:25 PM
 #16

You actually don't need to wait 6 confirmation. One confirmation is enough for your purpose. It usually takes several minutes. You may start show instantly with 0 confirmations, ant stop it if double-spend detected. But organization of double-spend attack is very unlikely in your case. So don't worry and start accept bitcoins. The advantages are obvious - no chargebacks, very low commissions, no agents, no problem to cashout, etc.

Some people just think that if they don't wait for the full confirmations there's a good chance they wont get their money, but this isn't the case.

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January 10, 2014, 04:21:47 PM
 #17

You may start show instantly with 0 confirmations, and stop it if double-spend detected.
How much time it will be??
15 minut of free (unpaid) show is too much, even 5 minutes is not OK.
But, if there some system, that confirm in 5 minutes, is OK, free chatting is not free show, customer can wait online.

You pay before the show obviously. When you send credit card transactions or PP do you wait for the money to go into their bank before you give the goods? No. Those processes can also be reversed.
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January 10, 2014, 04:21:57 PM
 #18

Just send them the money either directly or through a payment processor like Bitpay etc.
I will check, how it work.
How much time is confirmation there?

Quote
How we Collect, Use and Share Information. In order to provide the Services, we may share information about you and your BitPay account with third parties, including but not limited to your bank and purchasers.
Is not OK for models from some countries, they violate local laws with showing naked skin.

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January 10, 2014, 04:25:21 PM
 #19

Just send them the money either directly or through a payment processor like Bitpay etc.
I will check, how it work.
How much time is confirmation there?

Quote
How we Collect, Use and Share Information. In order to provide the Services, we may share information about you and your BitPay account with third parties, including but not limited to your bank and purchasers.
Is not OK for models from some countries, they violate local laws with showing naked skin.

Then they're breaking the law regardless. Just have the money sent directly to their Bitcoin address and don't give them any show until it's been fully deposited this, but you don't need to wait.

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January 10, 2014, 04:26:13 PM
 #20

Just send them the money either directly or through a payment processor like Bitpay etc.
I will check, how it work.
How much time is confirmation there?

Quote
How we Collect, Use and Share Information. In order to provide the Services, we may share information about you and your BitPay account with third parties, including but not limited to your bank and purchasers.
Is not OK for models from some countries, they violate local laws with showing naked skin.

Have you ever sent a Bitcoin payment to somebody?
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