Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Elwar on August 08, 2012, 02:09:12 PM



Title: Are there any BTC direct deposit options?
Post by: Elwar on August 08, 2012, 02:09:12 PM
With my company I can choose a percentage of different accounts that I want my paycheck to go into.

Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.

Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.


Title: Re: Are there any BTC direct deposit options?
Post by: Jan on August 08, 2012, 02:53:59 PM
Geat idea. I guess this would require the banks to go on board.


Title: Re: Are there any BTC direct deposit options?
Post by: Sitarow on August 08, 2012, 02:55:06 PM
With my company I can choose a percentage of different accounts that I want my paycheck to go into.

Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.

Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.

Give Bit-Pay a shot.


Title: Re: Are there any BTC direct deposit options?
Post by: salty on August 08, 2012, 03:26:22 PM
Can't you set up a standing order to mt.gox from your bank, and a number of buys on mt.gox which would execute automatically as funds appeared?


Title: Re: Are there any BTC direct deposit options?
Post by: Serge on August 08, 2012, 03:27:48 PM
With my company I can choose a percentage of different accounts that I want my paycheck to go into.

Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.

Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.

Give Bit-Pay a shot.

^this. i remember their announcement a while ago offering such a solution to their merchants


Title: Re: Are there any BTC direct deposit options?
Post by: Elwar on August 09, 2012, 02:24:36 AM
With my company I can choose a percentage of different accounts that I want my paycheck to go into.

Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.

Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.

Give Bit-Pay a shot.

Umm, bit-pay takes Bitcoins and turns them into cash.


Title: Re: Are there any BTC direct deposit options?
Post by: MagicalTux on August 09, 2012, 02:53:35 AM
Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.

Actually, you could configure Dwolla to do that automatically every month through our hub page.


Title: Re: Are there any BTC direct deposit options?
Post by: joshbb on August 09, 2012, 05:57:22 AM
Yup, that's exactly what bitcoinbuilder.com is for, once you've set up the recurring dwolla transfer, you can use it to set up a schedule to auto-buy (or sell too) bitcoins at the market price or highest bid or 24 hour average price! You can do it as frequently as every hour and any tiny amount. No fees!


Title: Re: Are there any BTC direct deposit options?
Post by: Elwar on August 09, 2012, 01:25:31 PM
Yup, that's exactly what bitcoinbuilder.com is for, once you've set up the recurring dwolla transfer, you can use it to set up a schedule to auto-buy (or sell too) bitcoins at the market price or highest bid or 24 hour average price! You can do it as frequently as every hour and any tiny amount. No fees!

Looks great. Good job!


Title: Re: Are there any BTC direct deposit options?
Post by: joshbb on August 09, 2012, 06:28:14 PM
Aw shucks, thanks!