Bitcoin donation goes live
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Like Mestrl, I'm open to trying it out, but only if I have a good idea of how much uploaded credit I will get.
But four points of warning:
- People are right about the fluctuation of bitcoin. You guys are DEFINITELY asking people to make a risky investment. But, for the most part, if bitcoins can be traded quickly enough, then the fluctuation should be minimal.
- You guys are trying too hard to sell this as a simple and preferable process. The fact is, as long as bitcoin is the only option, you're going to lose tons of potential donors. Not only is it sketchy, but people simply do not want to spend money to TRY a system they're unsure about – especially when they can go to other websites that offer less risk.
Stay tuned to the donation page, which is being updated to answer many of the concerns brought up in this thread. The option of using easy payment methods is rapidly disappearing due to anti-torrent forces at work behind the scenes. Users on this thread sound like they think we have a choice in this matter. Other sites may continue to have that option, but I'm betting they won't in several months. We certainly would prefer to provide simple and easy payment methods, but the nature of this site mandates managing certain pressures that would have us shutdown. Instead we are attempting to adapt with the forces that weigh against us.
I'd also like to add that unless one is planning to keep Bitcoins, the conversion of USD/Euro into Bitcoin that is quickly transferred to your Gaytorrent.ru account for upload credit, completely bypasses daily fluctuations in BitCoin value. Additionally, we are even DOUBLING the amount of credit one receives to compensate for any potential exchange/transfer fees, value fluctuations and the additional effort required in learning to use Bitcoins. It's a win-win situation all the way around and also a payment system that cannot be shut-down so we can keep GT.ru servers running.
We certainly appreciate the increasing number of users who are making the transition. We are repeatedly hearing it was easier than what they thought and once set up, a breeze to use. I use the Bitcoin system regularly myself and have found it just as easy to use PayPal after the learning curve.
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At Gay-Torrents.net donation run, it is coinbase being recommended frequently for USA users.
Inscription and account verification there is said to quite similar to what you know from Paypal.
Howto:
http://blog.coinbase.com/post/34357253898/you-can-now-buy-and-sell-bitcoin-by-connecting-any-u-s -
the page got updated and much more comfortable to use
also an "instant" way to use paypal to buy bitcoin will be explained
we are working guys.. -
As I said, I was willing to try it out and am over a week into the process.
If all finishes out smoothly, I can confirm it is a relatively easy method of payment. However, the amount of time and the sketchiness of the process will most likely make this a one-time venture. Given, I chose the easiest and most convenient methods for me. But if I were to reduce the amount of time and the amount of sketchiness, the process would be more difficult, and I would have to spend more to get bitcoins. More likely I will just leave gtru in the future if my ratio falls below what it needs to be due to my relatively slow connection.
