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Author Topic: Chaturbate surveying new payment options, bitcoin one.  (Read 8027 times)
AngryCatfish (OP)
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January 15, 2014, 05:38:43 PM
 #1

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 Smiley.
yatsey87
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January 15, 2014, 06:06:07 PM
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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 Smiley.

Not heard of it but the name made me lol.
guybrushthreepwood
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January 15, 2014, 06:08:04 PM
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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.

Caught you, pervert  Grin. 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.
Frost000
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January 15, 2014, 06:45:46 PM
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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.

Caught you, pervert  Grin. 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.
camponez
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March 25, 2014, 01:18:57 AM
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And now they are accepting!

http://chaturbate.com/tipping/purchase_tokens/
franky1
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March 25, 2014, 01:44:21 AM
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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.

Caught you, pervert  Grin. 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.

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

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Beliathon
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March 25, 2014, 05:48:57 AM
 #7

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.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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March 25, 2014, 05:59:49 AM
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Bitcoin in/fiat out, or bitcoin in/bitcoin out?

Saying that you don't trust someone because of their behavior is completely valid.
IamCANADIAN013
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March 25, 2014, 06:08:39 AM
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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.
IamCANADIAN013
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March 25, 2014, 06:21:02 AM
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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.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

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.
gweedo
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March 25, 2014, 06:50:36 AM
 #11

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.

They missed a great opportunity to disrupt the web camming. They could have had the bitcoins flow from my pocket to the models pocket without any middle man. Then charge the model to use their services based on her income.

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.
camponez
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March 25, 2014, 10:25:35 AM
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  No clue about how much of a cut they take, but I'm guessing they make a killing off of the models.

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
camponez
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March 25, 2014, 10:28:32 AM
 #13

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.

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
EvilPanda
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March 25, 2014, 12:29:00 PM
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Adult site users love anonymity, so bitcoin payments are a great idea, especially with Playboy leading the way.

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March 25, 2014, 01:51:17 PM
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Hurry up! Biturbate.com still available  Cheesy
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March 27, 2014, 11:05:54 PM
 #16

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!

Space for rent if its still trending
IamCANADIAN013
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March 27, 2014, 11:43:30 PM
 #17

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.
IamCANADIAN013
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March 27, 2014, 11:46:07 PM
 #18

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.

They probably use bitpay or coinbase, it doesn't affect them.

Still a bit of a noob when it comes to this, can you explain how it doesn't affect them?
gweedo
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March 27, 2014, 11:51:28 PM
 #19

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.

They probably use bitpay or coinbase, it doesn't affect them.

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.
IamCANADIAN013
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March 27, 2014, 11:55:56 PM
 #20

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.

They probably use bitpay or coinbase, it doesn't affect them.

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.
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