What is the next big thing in Bitcoin services?

[420]

What is the next big service or potential market for bitcoins or that utilizes bitcoins?

[1715159933]

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[Matthew N. Wright]

If I told you, I would be giving it away to the competition! ^_-

[btcash]

Porn. I think a lot more people would buy porn passes if they could do it anonymously and safe.
The brazzers hack showed why you shouldn't give your name and credit card details to a porn company.

They probably aren't accepting bitcoins by now because they are afraid of bitcoins volatility and they won't be able to offer recurring meberships anymore.
In my point of view the volatility isn't a problem. They can sell there bitcoins in most cases within 1 hour and it is unlikely that the rate will drop for more than 3% (fee they pay for cc payments).
And recurring meberships is just a way to scam money form members who forgott to cancel. They should stop it anyway.

[Matthew N. Wright]

I disagree, at least for most regular porn sites. Porn is only successful due to misdirection and laziness. If subscriptions cannot be charged automatically (which Is currently incompatible with Bitcoin), then it's a non-starter.

[420]

two posts to get the topic onto porn

Good point. I was thinking more on a smaller scale.

There's probably webcam girls accepting bitcoin already

What about tech support for X BTC an hour?

[556j]

There's a market hole for BTC > USD/GBP/EUR cash in mail. Anonymous, no limit, no regulation, no question asked, reliable, $5,000+ transactions. Under 4% fee. Darknet is okay (perhaps preferred) as it would keep the operator safe.

[Gyrsur]

There's a market hole for BTC > USD/GBP/EUR cash in mail. Anonymous, no limit, no regulation, no question asked, reliable, $5,000+ transactions. Under 4% fee. Darknet is okay (perhaps preferred) as it would keep the operator safe.

wow interesting! a perfect target for money laundering...

[556j]

That's not money laundering. Not even close.

Say you used that service to get $150,000 over a few months.

Go try to buy a house in cash. Or anything substantial.

Tell me how great your "money laundering" worked.

The entire point of money laundering is so you can spend illegitimate cash you have. Prove how it was earned, pay taxes on it. Then buy nice things. This does nothing of the sort.

[Gyrsur]

changing Bitcoin in an other currency might be always a problem because it's anonymous and there is now way for authorities to track the source of the money down...

[ElectricMucus]

What will be coming

• more insured pirate passthroughs
• more mining bonds
• more leveraged "payment processing" (btcpay style)
• more exchange/speculation services

not any of:

• e-commerce software
• download services
• porn sites
• production of any kind

I know that's sad  

[CoinCidental]

changing Bitcoin in an other currency might be always a problem because it's anonymous and there is now way for authorities to track the source of the money down...

if anyone has amassed 100,000 -500,000 btc   and tries to cash out ,i would imagine there would be some serious explaining to be done

how could authoritys prove your coins either did or did not come from a business which was illegal by its nature or illegal because it didnt pay tax every year like every other business is supposed to ?

could you just say you mined them all when mining was easy  ?

[Gyrsur]

changing Bitcoin in an other currency might be always a problem because it's anonymous and there is now way for authorities to track the source of the money down...

if anyone has amassed 100,000 -500,000 btc   and tries to cash out ,i would imagine there would be some serious explaining to be done

how could authoritys prove your coins either did or did not come from a business which was illegal by its nature or illegal because it didnt pay tax every year like every other business is supposed to ?

could you just say you mined them all when mining was easy  ?

now I'm understand why early adaptors try to keep their hoarded coins clean! maybe they want to avoid trouble if they want to cash out sometimes in the future...

When you release an address into public, I don't think anything stops people from sharing that address to people not registered in the forum and performing any search on it. From that to Google indexing the addresses, I don't think that's a big step. If you really need anonymity, just do as it's said: one address per transaction, and if you really need your coins not to be tainted, use a mixing service.

that's the number 1 way to get tainted coins

[tgmarks]

Your jumping ahead or yourself, there is not even a simple way to get that much into cash right now.  Their are significant limits on every exchange as to how much you can move a week or month.

[Nefario]

Bitcoin financial services.

Think insurance (CPA on GLBSE)
Assurance
Loans(Hashking, PatrickHarnet)
Background checks, identity verification


Some things that can really only happen because of bitcoin
Peer to Peer package delivery (Bitdrop)

Playing the bitcoin stock market (GLBSE.com)
Hired thugs (someone is eventually going to need their legs broken)
Person to Person bitcoin/fiat exchange.

Lots of ideas.

[BoardGameCoin]

A simple way to do amazon purchases would go a long way

(grumble)

-bgc

[CoinCidental]

changing Bitcoin in an other currency might be always a problem because it's anonymous and there is now way for authorities to track the source of the money down...

if anyone has amassed 100,000 -500,000 btc   and tries to cash out ,i would imagine there would be some serious explaining to be done

how could authoritys prove your coins either did or did not come from a business which was illegal by its nature or illegal because it didnt pay tax every year like every other business is supposed to ?

could you just say you mined them all when mining was easy  ?

now I'm understand why early adaptors try to keep their hoarded coins clean! maybe they want to avoid trouble if they want to cash out sometimes in the future...

When you release an address into public, I don't think anything stops people from sharing that address to people not registered in the forum and performing any search on it. From that to Google indexing the addresses, I don't think that's a big step. If you really need anonymity, just do as it's said: one address per transaction, and if you really need your coins not to be tainted, use a mixing service.

that's the number 1 way to get tainted coins

Imagine standing in front of a tax auditor or a judge in 5-10 years  trying to explain that you give you coins to a man you met on the internet  called Pirate  and he gave you back 3400% interest but the business he did with them was confidential

its all fun and laughs until you get your assets and accounts  frozen as "suspicious " .........at some stage bitcoiners are going to need to buy big ticket items like homes etc  and i have no idea how the law is going to interpret  " internet play money " being changed into millions of real  dollars but i expect it wont be smooth sailing and a shitload of regulations will probably be introduced in the next few years

[tgmarks]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

[CoinCidental]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

a company like fedex accepting BTC would be nice ......

[tgmarks]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

What I'm thinking of is a network where anyone with a bike, car, van, truck etc can sign up, get a message when a delivery comes up in their area, accept it and make a few b's. A trustworthy network would take time to build up so a simple 'deliver it now' service using UPS, postal services etc. would probably be the only way to get started. Eventually it could build up to a service as anonymous as bitcoin, no names or addresses necessary, just GPS co-ords and times with verification on delivery.

This would be pretty awesome.  I think this idea needs a whole lot of development, but could be one of the coolest services bitcoin could offer.

[Nefario]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

What I'm thinking of is a network where anyone with a bike, car, van, truck etc can sign up, get a message when a delivery comes up in their area, accept it and make a few b's. A trustworthy network would take time to build up so a simple 'deliver it now' service using UPS, postal services etc. would probably be the only way to get started. Eventually it could build up to a service as anonymous as bitcoin, no names or addresses necessary, just GPS co-ords and times with verification on delivery.

This would be pretty awesome.  I think this idea needs a whole lot of development, but could be one of the coolest services bitcoin could offer.

It already IS under development, it's called bitdrop

[ElectricMucus]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

What I'm thinking of is a network where anyone with a bike, car, van, truck etc can sign up, get a message when a delivery comes up in their area, accept it and make a few b's. A trustworthy network would take time to build up so a simple 'deliver it now' service using UPS, postal services etc. would probably be the only way to get started. Eventually it could build up to a service as anonymous as bitcoin, no names or addresses necessary, just GPS co-ords and times with verification on delivery.

This would be pretty awesome.  I think this idea needs a whole lot of development, but could be one of the coolest services bitcoin could offer.

It already IS under development, it's called bitdrop

Look like still in the brainstorming phase.

Do you write the code?

[Timo Y]

I disagree, at least for most regular porn sites. Porn is only successful due to misdirection and laziness. If subscriptions cannot be charged automatically (which Is currently incompatible with Bitcoin), then it's a non-starter.

Then keep your recurring payments and charge a 30% premium for one-time payments. That way, you don't lose any of your "lazy" customers, while gaining additional privacy-aware customers, who would previously have refused to use your service. Win-win.

Also, bitcoin volatility is not an issue for porn sites as long as bitcoin is bringing in additional customers, because porn sites have large fixed costs and small variable costs.

[420]

So like a service that you would pay bitcoin to and they would issue you your usps stamp or ups shipping label?

What I'm thinking of is a network where anyone with a bike, car, van, truck etc can sign up, get a message when a delivery comes up in their area, accept it and make a few b's. A trustworthy network would take time to build up so a simple 'deliver it now' service using UPS, postal services etc. would probably be the only way to get started. Eventually it could build up to a service as anonymous as bitcoin, no names or addresses necessary, just GPS co-ords and times with verification on delivery.

This has been in the back of my mind ever since I first saw ebay, bitcoin almost completes the chain by offering an efficient system for CoD with multi-sig transactions, the only part missing is payment of the courier on verification of arrival if no one is there to collect.

love it. if there's any sort of densely populated (by bitcoin users) area we know of...could start testing this system? wheres the highest concentration of bitcoin users?

A simple way to do amazon purchases would go a long way

(grumble)

-bgc

give me bitcoin and address ill buy and ship to u

[Timo Y]

wheres the highest concentration of bitcoin users?

In terms of users per square km, my guesstimate would be:

1. New York metropolitan area
2. San Francisco Bay Area
3. Helsinki
4. Sydney
5. Stockholm
6. Toronto
7. Randstad


(guesstimate loosely based on statistics @ http://bitcoinstatus.rowit.co.uk)
 

[World]

wiki Open Source P2P manufacturing, production, distribution, logistics and supply

[ElectricMucus]

wiki Open Source P2P manufacturing, production, distribution, logistics and supply

That will be part of the thing that will replace bitcoin.

God I'd love to be proven wrong on that.

[Jouke]

mobile payments

[buybtc]

going out on a limb but a hit-man type service i.e. like  ::)SilkRoad but a market for killing people! 

[420]

WIKISPEED

independent projects

tax free

[CoinCidental]

going out on a limb but a hit-man type service i.e. like  ::)SilkRoad but a market for killing people! 

thats already available