Cryptocurrency section?

Seen a couple of new sections added recently. How about a CryptoCurrency / BitCoin section?

It's something I've been getting into recently and even though it's questionable if BitCoin will be the winner in the Crypto / Digital currency game, it's just another section of society coming to the conclusion that BlackHat is the way to go.

The internet is finally doing for finance what it has done for publishing, trading and just about every other sector. It's providing a faster, easier option.

Crypto currency has got the banks running scared. It's recognized by governments but they fear it. How much longer will they allow a currency over which they have no control?

BlackHatWorld never backs down from controversy. We're always looking for new ways to make your lives easy, to help your business run smoother and to make you money. Crypto Currency might just be a valuable part of that.

NOW: It's up to you to tell us: Should BHW have a section on Crypto Currency by completing the poll above?

Maybe you're in the know and want to share your passion and get others interested. Maybe you've heard of Bitcoin and other Crypto Currencies but you're not too sure what it is or how they work. Even if you're not a fan, we want to hear from you!

Would your customers respect you for using it? Would they buy more or less? Tell us your experience. Let us know below.

Discussion would be limited to the use and acceptance of all crypro currencies. The day trader / hype lot would be instantly kicked off.

I think it's a good idea to have a Bitcoin/cryptocurrency section on the forum.

Would bring in alot of additional traffic and new members. Right now Reddit and Bitcointalk are the only places.

Mods can make sure that no trading/currency exchange happens, and it is dicussion only.

There is lots of potential for startups/websites/businesses in this niche.

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Here are some ways it can benefit BHW and the conference:

1. Accepting Bitcoin on BHW - The most important thing people need to know about this, is that you DO NOT have to hold Bitcoins. In fact, you will never even see them or interact with them. BitPay and Coinbase are 2 merchant processing companies (which total gathered $40+ million investments from VC's this year). When a customer checks out with Bitcoin, they will take the Bitcoin, and automatically put the dollars in your bank account the next day. There is no volatility risk, and what you charge is what you will always get. BitPay offers free, unlimited, processing for Bitcoin payments. And its free. Bitpay charges merchants nothing at all, for unlimited dollar amount in processing.

See: http://blog.bitpay.com/2014/07/29/bitpay-s-new-plan-free-unlimited-forever.html

2. Increased forum traffic by adding the digital currency section - Currently, Bitcointalk is the biggest bitcoin forum. It has the monopoly. Reddit and Bitcointalk are the only places people go to talk about Bitcoin. And to be honest, lots of those members are already BHW members. They have marketing, money making backgrounds. By adding a bitcoin section to BHW, your gonna bring in alot of additional traffic, creating new members.

3. Conference benefits - Bitcoin is a huge deal. It is decentralized, no one owns it, and its a protocol similar to TCP/IP in a sense. This year alone, there were already 15+ conferences worldwide, and each of them is filled with Bitcoin interested people who want to spend their coins. The additional revenue you can add by catering to these clientele is amazing. Even by having Bitcoin as a payment option, you have the potential to sell more tickets for the conference at no cost.

DD, I already put in my application to mod the Bitcoin section as you told me months ago. I am still very interested. I know the industry inside and out and have a good eye for things that don't belong.

I would love to see a Bitcoin section on BHW because there is so much opportunity to make money in this industry. It's not what it was 2 years ago, and it's growing rapidly. This year alone, we are set to reach $400 million in investments into Bitcoin startup companies.

Besides, BHW isn't just about SEO anymore. It's about making money in general. And Internet marketing and Internet money go hand in hand.

Resources:
http://bitcoin.org
https://en.bitcoin.it/wiki/Main_Page
http://en.wikipedia.org/wiki/Bitcoin
http://bitpay.com
http://dell.com/bitcoin
http://www.overstock.com/bitcoin
http://newegg.com/bitcoin
http://tigerdirect.com/bitcoin

I think it would be great to have more discussion here about them. Looking forward to hopefully seeing that sometime in the future!

why would trading discussion not be allowed?

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Patel said:

Because it may subject BHW as being a facilitator in money transmitter or currency exchange business, which require licenses. It's best to avoid that, and keep it informative only.

Although, Bitcointalk forum has a very active trading section and they have not ran into anything like this.

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oh i see, i thought he meant discussion on trading techniques, analysis, technicals ect.

In addition to the benefits listed by Patel, it can also be seen as an investment on behalf of those who possess crypto-currencies.
More people will become aware of the concept, some will even offer services for cryptos, right here on BHW.

more awareness -> more business -> more transactions -> stronger currency

lancis said:

In addition to the benefits listed by Patel, it can also be seen as an investment on behalf of those who possess crypto-currencies.
More people will become aware of the concept, some will even offer services for cryptos, right here on BHW.

more awareness -> more business -> more transactions -> stronger currency

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ive started seeing more BST threads with bitcoin as a payment option. I always choose those services, it makes the payment processing so ridiculously easy. Thank god fiverr accepts bitcoin! Any time i have an opportunity to pay with crypto i will.

You already know you got my vote. I say bring the pain. Its the internet/dot com yet again.

Awesome idea. You got my vote.

You have my vote as well.
I just though of an idea, maybe BHW should start accepting Bitcoins as payment, I mean for the color BLUE.

bihguy said:

You have my vote as well.
I just though of an idea, maybe BHW should start accepting Bitcoins as payment, I mean for the color BLUE.

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i like the way this guys thinks

tooslim said:

i like the way this guys thinks

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get a room you two

bihguy said:

You have my vote as well.
I just though of an idea, maybe BHW should start accepting Bitcoins as payment, I mean for the color BLUE.

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Agreed I have been saying the same thing for days now.
BHW & Bitcoin is like a marriage made in heaven.

Great idea and voted yes, we can only dream of "what if I knew about this when it first started" :d

This subject is long overdue ! Of course Crypto currency is a big deal world wide. BHW can only benefit from it,you can even start integrating payment options for VIP memberships with crypto. There are tons of services that will convert BTC or other crypto currency to $ right after payment so no money will be lost because of the fluctuation of the prices. This is only a big + for BHW with nothing to lose only to gain.

Got my Vote !

I would def like a crypto section -
let me introduce you to my little pretty.......

Absolutely have my vote!
BTC/Cryptocurrencies will eventually play a pivotal roll in the "make money online" game we all love so much

Diamond Damien said:

Should BHW have a section on Crypto Currency?

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Yes. BHW should.