Twitch Bits Questions

Hey had some questions, so here we go:
(Don't talk shit if this is a shit idea, just saw cheap prices to resell bits and seeing if I can make an investment out of it.)

1) Is it worth selling twitch bits for very low prices?

Twitch Me %

10,000 Bits $126.00 $50.00 0.40

50,000 Bits $616.00 $240.00 0.38

(Note: Yeah will be doing cheaper prices just wanna have a good idea of this.)

2) If you got 10,000 and wanted to redeem for cash, how much of a percentage goes to Twitch and you as a "streamer"?
3) Is this a good investment?
Thank you for your time!

lets say someone sends the streamer 10k bits. the streamer will get $100 for it. twitch makes their money from when people buy the bits. ie 10k bits cost $126.00 so twitch makes $26 off it.

Originally Posted by bretzky1431

lets say someone sends the streamer 10k bits. the streamer will get $100 for it. twitch makes their money from when people buy the bits. ie 10k bits cost $126.00 so twitch makes $26 off it.

So is this a good service to start, help streamers make more money?

there are a lot of people selling bits for the same price. if you could do any cheaper you could get a lot of customers.

Not really, according to you, we get 200% percent profit. But if you buy subs in the market place, which is 50 cents for one. That gives you 500% profit

Originally Posted by Majestic

Not really, according to you, we get 200% percent profit. But if you buy subs in the market place, which is 50 cents for one. That gives you 500% profit

Hmmm, thanks for the feedback but this as lower I can get. Thanks

$3 to $4 per 1k is the typical rate that I've seen

You may need to thinking about price, lower a little will help us more

Originally Posted by Depressed

Hey had some questions, so here we go:
(Don't talk shit if this is a shit idea, just saw cheap prices to resell bits and seeing if I can make an investment out of it.)

1) Is it worth selling twitch bits for very low prices?

Twitch Me %

10,000 Bits $126.00 $50.00 0.40

50,000 Bits $616.00 $240.00 0.38

(Note: Yeah will be doing cheaper prices just wanna have a good idea of this.)

2) If you got 10,000 and wanted to redeem for cash, how much of a percentage goes to Twitch and you as a "streamer"?
3) Is this a good investment?
Thank you for your time!

With payments on twitch it's split evenly 50/50 however in some occasions if you do not have the proper tax paper work for the country you are in they will take a fee of 5% moer If I am correct. I stream myself as an affiliate and when reading through the documents thats what it said.

I'm confused on how this twitch stuff works, like does twitch not know if the bits/views/follows...etc are real or fake? IF it really is this easy whats stopping small streamers from just buying bits to make money? There has to be a catch?

Originally Posted by TBTnT

I'm confused on how this twitch stuff works, like does twitch not know if the bits/views/follows...etc are real or fake? IF it really is this easy whats stopping small streamers from just buying bits to make money? There has to be a catch?

There is, for subs, you need to get affiliated first, 7 days of streaming, 3 avg views etc, You need at least 100$ in your account before you can withdraw, withdrawal can take up to 2 months (more or less). Twitch is not to fuck with, they will shut you down if you are even a bit suspicious. Not worth it, unless you do it for a while legit, and get a real audience, then maybe slip in a few subs here and there.

Originally Posted by XstroX

There is, for subs, you need to get affiliated first, 7 days of streaming, 3 avg views etc, You need at least 100$ in your account before you can withdraw, withdrawal can take up to 2 months (more or less). Twitch is not to fuck with, they will shut you down if you are even a bit suspicious. Not worth it, unless you do it for a while legit, and get a real audience, then maybe slip in a few subs here and there.

And you have found this out how? I never had problems with twitch shutting me down

I was thinking of having it lowered to 10k bits to 39$ which is $4/1k

- - - Updated - - -

Is it better?

Originally Posted by Depressed

I was thinking of having it lowered to 10k bits to 39$ which is $4/1k

- - - Updated - - -

Is it better?

If you want to be able to compete in this business relies on your quality/price. And deals you can make with other people in the business
Ofcourse if you're the cheapest you will get the most sales at first but if no one gets paid you wont be here for long.

I guess what I am trying to say try to find a balance between quality and price don't make ur quality suffer to be the cheapest.

Originally Posted by Discoverd By Accident

If you want to be able to compete in this business relies on your quality/price. And deals you can make with other people in the business
Ofcourse if you're the cheapest you will get the most sales at first but if no one gets paid you wont be here for long.

I guess what I am trying to say try to find a balance between quality and price don't make ur quality suffer to be the cheapest.

Dont see anyone selling it at all. If you do send me a link and see if i can go cheaper.

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	Twitch	Me	%
10,000 Bits	$126.00	$50.00	0.40
50,000 Bits	$616.00	$240.00	0.38