Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: colinistheman on August 02, 2013, 11:08:02 AM



Title: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: colinistheman on August 02, 2013, 11:08:02 AM
Someone should make a "BitPay" type service that allows payment of MANY altcoins, not just Bitcoin.

This would really boom the crypto-economy as a whole. Whoever pulls this one off will be a rich fellow.


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: Nibiru on August 02, 2013, 09:45:23 PM
Yes i second that!


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: colinistheman on February 02, 2014, 07:07:39 AM
There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: MicroGuy on February 02, 2014, 07:12:56 AM
There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: NWO on February 02, 2014, 07:14:13 AM
Ripple can do this.


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: Zzzack on February 02, 2014, 07:19:51 AM
There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Does this really change alt coin --> USD instantly like bitpay?


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: colinistheman on February 04, 2014, 04:52:12 AM
There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Thank you


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: colinistheman on February 04, 2014, 04:52:25 AM
Ripple can do this.

meh


Title: Re: Someone should make a "BitPay" type service that allows payment of MANY altcoins
Post by: fendlestick on February 04, 2014, 08:22:26 PM
There is at least one out there now (someone posted it on a 190 page thread but I can't find it now).

Does anyone know what it is?

http://coinpayments.net

Does this really change alt coin --> USD instantly like bitpay?

No. They just give the same coins back, they handle the exchange rate(s) for you though, so sites can list in $ and take coins (that's why cryptosextoys has no fiat option and uses direct payment).

This wont happen because Bitpay uses Bitstamp (I think) to instantly place a sell order BTC -> USD then credits the merchant the USD.  To do this you would need an ALT -> USD exchange that would be happy to process the sell.