Well, that does it. Signups with CreditCard are officially closed. These merchant companies are getting hammered with fraud from darknet fraudsters and are too difficult to deal with. If you can’t comply with their strict requirements they’ll lump you in with the fraudsters and decline or deactivate your account. That’s just the reality of it. We will be re-opening under a new structure as a bitcoin store. This means there will be no monthly subscriptions, you can pick and choose what content you want to buy, and will have to do so through bitcoin.
To those that are willing to get involved with Bitcoin, we’ll be glad to help you out with getting started, if you need help. For those that voted “NO” on yesterday’s vote, hope you stay off of our websites, we don’t need you here. To everyone else, it will be a new and exciting time for teen model content.
It will take us at least a week probably to have the store up and running, but you’re better off getting started with Bitcoin now. Here is some of the good and the bad of Bitcoin based on my personal experience.
Getting started with Bitcoin can be a little annoying at first. If you have a cellphone number, live in the country that your registered address is in (in terms of IP address) and want to pay by creditcard, bitcoin purchasing companies might make you jump through a few hoops at first, but once you’re fully verified, you’ll be able to buy more bitcoin whenever you want, without having to go through any of the same hoops.
Buy Bitcoin Online With Credit/DebitCard
There are several companies/websites to buy bitcoins from. Some of them are easier to deal with, some can be a bit more nitpicky. Sometimes it’s hard to manage which services you’ve already signed up for, and which are asking you for some kind of verification that you don’t agree with, or simply don’t have. My personal favorite bitcoin site for purchasing bitcoin (and many other features) is Coinsbank. If you’re in the United States, then Coinbase is the most popular. My second favorite is Cex.io. Between these three services, you should be able to get registered, verified, and able to purchase Bitcoin whenever you need it.
Unfortunately, some of these websites do not actually tell you whether they support your Country for Bitcoin purchases until after you’ve already signed up, if none of the three services I’ve listed work for you, here is a much bigger list of services: bitcoin.com/buy-bitcoin.
Buy Bitcoin Online Or In Person Through Banks
Besides Bitcoin services dedicated to selling bitcoin by accepting credit and debit cards, there is a big website called LocalBitcoins where you can find all sorts of different bitcoin purchasing (and selling) offers to meet your needs. As long as you choose someone with positive feedback and a lot of transactions (there are many sellers like this in all parts of the world) you’ll be fine. You’ll be able to send them money by bank deposit, western union, moneygram, etc. I would suggest bank deposit. Find an offer from a reputable seller, and then choose whether you want to transfer the money using internet banking (they might be using the same bank as you) or whether you have to go to the bank to deposit the money into their account. Either way, once you’ve deposited, and they’ve sent you the bitcoin, you can then use that bitcoin immediately to buy our content.
Buy Bitcoin Using A Bitcoin ATM
There are over 691 Bitcoin ATMs in the US! This solution will not be for everyone, but for those that happen to live reasonably close enough to a Bitcoin ATM, it is another great option for purchasing Bitcoin. While I haven’t had the pleasure of being able to use a Bitcoin ATM myself, the process goes a little something like this: 1. You show ID by inserting driver’s license/etc into machine, or input phone number for sms verification. 2. You type in the address to where you want the Bitcoin deposited. 3. You deposit cash into the machine and the Bitcoin is sent to your Bitcoin address/wallet.
Example Bitcoin ATM:
(This example illustrates using a fingerprint but most Bitcoin ATMs do not require this for transactions under 3000$.)
What is a Bitcoin Address? How do I get one? How do I use it to Send and Receive Bitcoin?
Unless you are overly concerned about anonymity or security (in which case I encourage you to look to Google for further reading) there are many services to getting a bitcoin address. If you decide to use any of the services for depositing with a debit or creditcard, coinsbank, coinbase or cex.io, you’ll have receiving bitcoin addresses with your accounts. Same goes for LocalBitcoins. You can use these same addresses to receive deposits from a Bitcoin ATM as well. A Bitcoin address is nothing like an email address or paypal account, you can generate as many Bitcoin addresses as you like and can transfer your bitcoins between any of your addresses any time you want. You can also easily use a different address to send bitcoin, than the address from which you received bitcoin. No one would be able to track you beyond that point, if you were really concerned about that.
Bitcoin prices fluctuate too much! I could lose (or gain) money by purchasing and using Bitcoin.
Not necessarily true. If you don’t want to leave any money in Bitcoin, in case the price rises or drops, just leave it in the USD account or any other currency account provided by the bitcoin service you are using. Pretty much all Bitcoin services give you the option of storing your Bitcoin in actual Bitcoin currency, or USD, EUR, and others. You can send and receive Bitcoin to a “USD” Bitcoin address and transfer between the two at any time, just as you would otherwise.
Bitcoin isn’t secure! I heard on the news a bitcoin site was hacked and millions were lost.
No one is telling you to deposit millions of dollars into bitcoin. You could easily only purchase what you plan on spending and leaving it as that. If you did want to leave a higher amount of money in bitcoin than what you plan on spending, you could use offline storage or many other secure forms of storing bitcoins. Please look to google for more information on that. Otherwise, just deposit what you plan on spending.
How can I pay by Bitcoin on your new websites?
When you see a bitcoin signup/payment form it may look weird, overly complicated, or technical, it really isn’t. You’ll be provided with a Bitcoin address, that you’ll have to copy and paste into the website you’ll use to send bitcoin. If you purchased bitcoin from coinsbank, and have an account there, you’d go to your bitcoin wallet and click “withdraw” and withdraw the amount listed on payment page (usually an amount something like 0.025) and enter the address also listed on the payment page as the bitcoin address you want to withdraw the money to. After about 10-15 minutes the payment will be confirmed, and the download you’ve purchased will become available.
I’m not a salesman or a Bitcoin affiliate rep. I’m a teen model content producer! And I think I do a damned good job at that. Everything else is secondary. Our supporters using Bitcoin will give me more time to focus on producing the best teen model content online, and not have to worry about creating complicated creditcard payment methods and having them shut down in my face every time I check my email. Bitcoin is not perfect, it’s a little bit of a hassle, but from my own personal experience (I’ve been using Bitcoin for about a year) once you get used to it after a week or two, it becomes very convenient and isn’t as bad as it may seem to use. And it’s a very solid system. Besides that, it’s become absolutely necessary to use Bitcoin for teen model websites. I know there is at least one other teen model content agency that also uses only bitcoin. Many years ago, many teen model websites went offline, the grand majority of the time, it’s for lack of billing solutions, many teen model websites do not get created for the very seem reason. Bitcoin provides a way not only for me but for other teen model content agencies to release new teen model content again for everyone. So let’s get on board with bitcoin!