Bitcoin Forum

ROFLMAO, Coindesk WOW such a slap in the face. a BTC "news" site but DO NOT accept BTC. UGH!!

Fair enough. They are probably scared with the frequent BTC/USD price drops.

coindesk's boss doesn't like bitcoin

A website that begun by Bitcoin says they didn't accept Bitcoins anymore,Shame on them.
Yes, Heard it all before, they said they was going to abandon Bitcoin and takes altcoin, they also called it "Bitcoin 2.0".

This is a brand new store. We are working with the partner to get Bitcoin payments working ASAP.

We accept bitcoin on other products https://ads.coindesk.com/ and http://www.coindesk.com/research/regulation-report/

You should've done that before launch. This is just nothing but a bad publicity for you now.

The price of btc can go up or down. If any person stake btc for profit & price goes up or down, then he can be in profit or lose whatever, he can handle.
But when its comes to organization then the company have to pay every person of organization whatsoever btc go up or down. If btc price go down too much then the organization will not able to pay.

They have taken good decision for their organization, So they will remain for long, whatever happen to btc.

probably has to do with the fact their deals are not CoinDesk-owned products. They use a third party site which is not accepting BTC at all.

This is just a referral system, nothing more, nothing less.

bitpay makes payments acceptable whatever price and volatility is on market. For example.

I know the store is new and everything, but a bitcoin site that doesn't accept BTC as payment is really bad publicity.

This doesn't explain anything. They are a Bitcoin news site and not accepting Bitcoin shows their attitude towards the project. If they are scared to use it they don't support it, period.

brand new or not. it's awkward having a respected bitcoin/crypto news site not use bitcoin from start.
bitpay for example is quite easy to implement and you don't have to worry about the price of bitcoin as it will convert everything to fiat.

CoinTelegraph published an article about this on their site. It's likely that CoinDesk underestimated the community's reaction towards the irony of a BTC news site not accepting BTC (technically this isn't correct - see below) on their deals page:

http://cointelegraph.com/news/113674/coindesk-launches-deal-site-without-bitcoin-support


This is true. In fact, the company they are using seems to be StackSocial (http://www.stacksocial.com/). Thus, CoinDesk isn't actually selling anything. They are simply referring users to buy products from StackSocial and they get a small percentage of the profits of each sale. Technically since StackSocial is a Groupon-esque site, you could say that even they aren't really selling anything directly themselves either.


A lot of people have already suggested using a solution like BitPay to protect against BTC volatility but the reality is that it's a bit more complicated than that. Some sort of agreement will probably need to happen between BitPay or Coinbase and StackSocial.