Bitcoin to buy IV games

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HostFat
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Bitcoin to buy IV games

Postby HostFat » Wed Nov 30, 2011 3:46 pm

Have you ever thought of accepting "also" Bitcoin as payment for your games?
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Montyphy
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Postby Montyphy » Wed Nov 30, 2011 4:16 pm

'"also"'?
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Postby HostFat » Wed Nov 30, 2011 4:21 pm

I wrote "also" because usually first arguments against these kind of ideas are that people don't understand that this can be an option, so no one will be forced to use only them to buy IV games.

I wrote it just for precaution ;)
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Postby Cooper42 » Wed Nov 30, 2011 7:14 pm

Utilising a form of currency primarily associated with the sale of illegal drugs...

Double thumbs up!
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Postby HostFat » Wed Nov 30, 2011 11:31 pm

Cooper42 wrote:Utilising a form of currency primarily associated with the sale of illegal drugs...

Double thumbs up!
You should give a look at the usual market of drugs/weapons and other bad things, which is the most common currency? How mush is the size of these common markets? ( amount of money )
:wink:

Bitcoin is better.
Last edited by HostFat on Thu Dec 01, 2011 12:52 am, edited 1 time in total.
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Postby microchip08 » Thu Dec 01, 2011 12:38 am

HostFat wrote:Bitcoin is better.


How so?
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Postby Montyphy » Thu Dec 01, 2011 12:43 am

Cooper42 wrote:Utilising a form of currency primarily associated with the sale of illegal drugs...


Really? How long has that been the case? Seems rather silly considering all Bitcoin transactions are public, unless you go to the effort of owning multiple purses and getting a few people to operate a money laundering purse/service or two and don't mind not seeing your Bitcoins for a while.
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Postby martin » Thu Dec 01, 2011 1:01 am

Montyphy wrote:
Cooper42 wrote:Utilising a form of currency primarily associated with the sale of illegal drugs...


Really? How long has that been the case? Seems rather silly considering all Bitcoin transactions are public, unless you go to the effort of owning multiple purses and getting a few people to operate a money laundering purse/service or two and don't mind not seeing your Bitcoins for a while.


The bitcoin client makes generating new addresses very easy, so having hundreds of addresses (and thus many pseudonymous identities) isn't terribly hard. Also, there are (or, were when I last looked at bitcoin) some money laundering services.

Saying that, there have been some studies showing that linking multiple addresses together to a single pseudonymous identity is possible, e.g. linking all the receiving addresses of the drug store together to get a global picture of their cashflow.
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Postby Cooper42 » Thu Dec 01, 2011 1:18 am

I said associated, and that's what I meant. It's the first thing that came to my mind about Bitcoin's use, and tends to be commonly known. Whether or not it's actually used to that great an extent anymore, or was at all anyway, is neither here nor there.
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Postby Xarlaxas » Thu Dec 01, 2011 1:21 am

Yeah, the only stories I've heard about Bitcoins involve people using it to buy weed so I must agree with Cooper on the association, whether it's true or not.
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Postby Mas Tnega » Thu Dec 01, 2011 1:25 am

I still think it's a bullshit economy invented by guys with far too many computers sitting idle relying on probability and stupid Anons.
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Postby martin » Thu Dec 01, 2011 1:40 am

My post wasn't meant to refute the idea it's connected with drugs btw, I was just replying to Montyphy saying that using bitcoins for drugs would be silly since it's public.

First thing that jumps to my mind is massive price instability, second is drugs :roll:
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Postby HostFat » Thu Dec 01, 2011 1:49 am

The price instability is a good point, but they ( IV devs ) can simple convert it to their preferred currency instantly.
1) Set a price in euro/usd/other
2) Then show ( also ) a dynamic bitcoin price on the shop, it can be updated every minutes. ( with exchanger API )
3) Users will pay the price in Bitcoin, IV will convert them at the same time ( with exchanger API )

From the user point of view, it doesn't change anything.
If he want to pay with usual currency, he still be able to do it ... if he want to use Bitcoin, he will be also :)
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Postby microchip08 » Thu Dec 01, 2011 3:18 am

It seems a lot of effort for something that works perfectly fine as it is.
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Postby jelco » Thu Dec 01, 2011 3:40 pm

Bitcoins have yet to convince me. It's a great experiment, but as far as I'm concerned it stops there. Beyond perhaps using some old hardware that's lying around gathering dust, having it convert the money I use to pay electricity into digital money again "just because", I really don't see the point. A hippie currency just doesn't work. It's certainly not the Holy Grail in this economy some people make it out to be.

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