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1  Bitcoin / Meetups / Orlando - Sean's Outpost run across America - Jan 31 on: January 31, 2014, 08:28:57 PM

Jason King, founder of Sean's Outpost, is running across America from Miami to San Francisco to raise money for the homeless.

Jason left Miami on Sunday afternoon at the conclusion of the North American Bitcoin Conference, and is scheduled to arrive in Orlando on Friday January 31.

BitPay is hosting a welcome party for Jason in Downtown Orlando at Church Street starting at 5:30 pm on Friday. The bus should arrive around 5:45 and will stay parked on Church Street all night long, during the Orlando Magic home game. Jason should be arriving on foot sometime between 5:45 and 6:15 pm.

Help support Jason in his run for Bitcoin Across America by welcoming him to Orlando. Meet at Don Jefe's Tequila bar at 41 W Church Street and look for the big yellow bitcoin bus.

2  Economy / Service Announcements / [ANN] BitPay Hires Bitcoin Core-Developer Jeff Garzik on: May 14, 2013, 07:22:05 PM

ATLANTA -- May 14, 2013 -- BitPay Inc, the world’s leading payment processor for bitcoin, announces it has hired Bitcoin core-developer Jeff Garzik. Jeff has been working part-time on Bitcoin for the past three years, contributing to the core Bitcoin protocol, while he worked full-time for Red Hat in North Carolina. The job at BitPay will allow him to work full-time on Bitcoin, BitPay, and related open-source projects to benefit the Bitcoin community.

“BitPay recognizes the need for more resources and developments in the core Bitcoin protocol, especially in the areas of scalability and reliability,” says Tony Gallippi, co-founder and CEO of BitPay. “We strongly encourage other Bitcoin companies to do the same, either through crowdfunding efforts or direct contracts, grants, or scholarships.”

3  Bitcoin / Bitcoin Discussion / Gyft and BitPay Open 50,000 Retail Locations to Bitcoins on: May 09, 2013, 02:26:51 PM

Customers are now able to buy mobile gift cards using bitcoins and redeem them at over 50,000 physical retail locations across the USA including GAP, Lowes, Sephora, GameStop, American Eagle, Sports Authority, Nike, Marriott, Burger King, Fandango, Brookstone, and many more household brands.

Any shopper in a participating retail store, with bitcoins on their Android device, can easily convert bitcoins into a store gift card and pay for their purchase. The whole process takes less than one minute and can be done on a single mobile device.
4  Bitcoin / Bitcoin Discussion / Florida "BITCOIN" tag is now taken on: May 03, 2013, 11:34:17 PM

Ashly and Crystal from BitPay pose with my Ford Edge.  (Yes I drive a Ford)
5  Economy / Service Announcements / BitPay Exceeds $2 Million in Transactions in March, Lowers Fees for All Merchant on: March 25, 2013, 03:33:23 PM

All processing fees now 0.99% including settlement in any local currency we support.

“We chose to celebrate this milestone by rewarding all merchants, large and small, with an across-the-board fee reduction, instead of offering tiered pricing which rewards only the largest merchants,” says Tony Gallippi, co-founder and CEO of BitPay. “We want our merchants to use this fee reduction to offer discounts and incentives to their customers for paying with bitcoin.”
6  Bitcoin / Bitcoin Discussion / How Delayed Payments from Coinbase to BitPay will be applied on: March 24, 2013, 06:17:49 AM
full details here:

BitPay will manually apply the payments to the expired invoices and consider them paid in full. Merchants will receive the IPN after the payment is applied.

For this particular set of circumstances, BitPay will assume the 10% loss on these invoices so that the buyers, and our merchants, are not affected by the inconvenience of the online wallet service that experienced technical difficulties.

7  Bitcoin / Bitcoin Discussion / BitPay's merchant processing during the alert/fork last night on: March 12, 2013, 04:20:28 PM
posted on our blog here:

  • Customers that placed orders during the time of the network issues may have noticed that their transactions were not immediately recognized.  These transactions will eventually get credited to those invoices and confirmed by the network.
  • If you're a merchant, you may have received warnings about unconfirmed invoices, those invoices will eventually be confirmed and credited to your account.
  • We've checked all payments into BitPay and at this point there are no instances where a transaction has failed to confirm due to this incident. 

One of the benefits for merchants using Bitpay is that we worry about these issues so they don't have to.

8  Bitcoin / Press / 2013-03-07 IT-World: Bitcoin processor links web shopping carts to's on: March 07, 2013, 04:33:29 AM

Many retailers who have their own web storefronts use Amazon's fulfillment service to tap the company's expertise in areas such as logistics and customs regulations, Gallippi said.

Once a bitcoin payment has been processed, the WooCommerce module sends Amazon the information it needs to ship a package using Amazon's API (application programming interface), such as the purchaser's address and the item's identification number.

BitPay is ahead of PayPal with the new module, Gallippi said. Merchants who take a PayPal payment with WooCommerce must then manually enter the information needed by Amazon to ship the product, he said.

BitPay, based in Atlanta, had some technical conversations with Amazon about how to implement the fulfillment API, but no commercial discussions, Gallippi said.

9  Bitcoin / Bitcoin Discussion / BitPay is hiring! 5 full-time positions open (Atlanta) on: March 06, 2013, 04:06:35 AM

BitPay offers attractive compensation, benefits, and equity opportunities in one of the most explosive financial technology sectors.

10  Bitcoin / Press / BitPay, a Bitcoin Payments Processor, Adds Investors on: March 06, 2013, 04:04:11 AM

BitPay, which processes payments for merchants in the decentralized digital currency Bitcoin, said Monday it recently secured capital from a group of investors that includes Ben Davenport, a software engineer at Facebook; A-Grade Investments, a venture-capital firm that includes Ashton Kutcher; and Trace Mayer, an entrepreneur and blogger.
11  Bitcoin / Bitcoin Discussion / Improvements to Bitcoin Magazine’s Operations on: February 20, 2013, 05:17:06 PM

Issue 7 is now available for sale on and (for US and UK customers). Again the inventory is stored in Amazon’s warehouses in the USA and UK for quick delivery, and easy Amazon ordering.

But it gets better. Wouldn’t it be great if you could buy the magazine with bitcoins, but still have it shipped reliably from Amazon? Well, yes, that is now possible!

We have launched a new webstore that is easier for us to manage on the back-end, but also offers BitPay’s integration with Amazon for fulfillment.

If you are in the US or UK, buy issue 7 with Bitcoins at and your order will be shipped directly to you from Amazon, with Free Shipping!
12  Bitcoin / Press / 2013-02-18 How Owning Bitcoin Is Owning An ETF On Whole Bitcoin Space on: February 19, 2013, 07:51:01 AM

Taking a step back to look at the whole Bitcoin picture, you need to travel back in time to 1994. This was the early days of the Internet. Just one year prior, in 1993, NCSA Mosaic launched as the first “web browser”, and the reactions varied wildly. Entrepreneurs saw the innovation and got to work, but investors didn’t have many options for viable investments. And there seemed to be an article every other day “the Internet is bad, the Internet is dangerous, the Internet is full of scams”.

Fast-forward 20 years to the present day, replace “the Internet” with “Bitcoin”, and read today’s news. “Bitcoin is bad, Bitcoin is dangerous, Bitcoin is full of scams” are basically the headlines you will find today. It’s the same articles from 20 years ago. They were wrong then, and they are wrong now.

13  Economy / Service Announcements / [ANN] BitPay adds Google Authenticator, Seven new countries for direct deposit on: January 23, 2013, 01:42:22 PM

The new countries supported are:

New Zealand
South Africa

The direct deposits are made every business day.  BitPay's all-inclusive processing fee of 2.99% includes the guaranteed exchange rate, automated payment processing, currency conversion, and funds transfer.

Note there is a minimum transfer amount of roughly $20, meaning if you have < $20 accumulated in your account, your balance will roll over to the next payday.  At 2.99% this makes the minimum transfer fee roughly $0.60 on a $20 transfer.

14  Bitcoin / Bitcoin Discussion / [ANN] BitPay Surpasses 10,000 Bitcoin Merchant Transactions, Zero Cases of Fraud on: January 22, 2013, 02:52:40 PM

“We have a good grasp of all the edge conditions and scaleability issues that a typical company would face integrating bitcoin payments, since we’ve done this over 10,000 times,” says Anthony Gallippi, co-founder and CEO of BitPay.  “We have some tremendous expertise in this area.  This expertise puts our business solutions well ahead of all others in the marketplace.”

15  Bitcoin / Bitcoin Discussion / [ANN] New lower fees for all international merchants on: January 19, 2013, 07:18:12 PM

BitPay has lowered our processing fees for all merchants outside the United States who wish to receive a direct deposit into their bank accounts.

The new rates are 2.99% and are all-inclusive for order processing, currency conversion, and funds transfer. BitPay also guarantees the exchange rate on your sales, so if you process a sale for 100 EUR, we guarantee you will receive 100 EUR minus our fee, with no slippage or hidden charges.
16  Bitcoin / Bitcoin Discussion / [VIDEO] How StompRomp eliminates payment fraud by using bitcoin on: January 07, 2013, 03:19:07 AM
New post is up, with a cool video from StompRomp!

StompRomp experiences a very common problem called payment fraud, because they sell a high ticket item.  They, and other merchants, are pretty astute at screening for suspicious activity and payment fraud in their retail stores.  They can check for photo ID, they can look at the condition of the card, and they can get a signature.

But when taking a payment over the internet, to try and reach customers outside of New Hampshire, they do not have the same abilities.  And when taking a payment from a foreign country, the risk of fraud is 3-4 times higher than for domestic transactions.
17  Bitcoin / Bitcoin Discussion / New LOWER advertising rates for Bitcoin Magazine - Deadline Jan 9 on: January 06, 2013, 05:38:12 PM
We have lowered the prices on all inside ads by up to 25%!  We have also added more cost-effective ads such as a 1/4 page ad for $95.  Promoting your business to the bitcoin community has never been this cheap!

Rate Card

Payment Deadline is January 9.  Artwork Deadline is January 13.

email for more information

18  Economy / Service Announcements / [ANN] New From BitPay - Client Billing on: January 04, 2013, 10:16:17 PM
BitPay is pleased to announce a new feature called Client Billing.  With this feature, it is easier than ever to create a bill for services rendered, and BitPay will deliver this to the client and collect payment.  All of the normal BitPay options are available, including being able to set prices in over 30 currencies, and receive a direct deposit into bank accounts in 9 countries.

Anyone who does freelance work, and would like to be paid in bitcoins, can now create a professional invoice using BitPay's Client Billing.

Here is a screenshot of the bill creation UI, and the bill that is presented to the client.

19  Bitcoin / Bitcoin Discussion / Bitcoin will be at CES2013 (Official Thread) on: December 27, 2012, 06:36:14 AM
Bitcoin will return to the Consumer Electronics Show (CES) in 11 days, bigger and better than last year!

January 8-11, 2013 - Las Vegas

We have an all new booth design, a corner aisle location, and many more exciting upgrades.  Over 150,000 people attended this show in 2012, and 2013 should be just as big.

The Bitcoin booth is funded by BitPay, Butterfly Labs, and Bitcoin Magazine.

We will give plenty of payment demonstrations, help install bitcoin wallets, show some mining hardware, give away some Bitcoin Magazines, sell some Casascius bitcoins, and most importantly answer questions and educate people with accurate information about bitcoin.

Bitcoin booth # 70312

Map to our booth:

Photos of our booth:

Here's how you can help:

Jan 2-3-4 are the days to press every reporter you know, get them to put Bitcoin booth 70312 on their short list of booths to visit.

Jan 8-9-10 are the days to push creative Twitter campaigns using #CES2013 and #bitcoin and mention "booth 70312"

Also, if you remember the spokesmodel tryouts we held last year, we have hired Stephanie to help us in the booth.  Stephanie is a licensed attorney in California with a background in Finance, and she can definitely talk a good bitcoin game!

Stephanie's audition:

Any REAL bigshots you can get on the hook, invite them to our private welcome party on Monday night at the Cosmopolitan.  We have our own VIP space in the Library.  Have them contact me for details.

Also, Crystal from Whiskey Dicks will be helping us with the payment demos.  If you met Crystal at the Bitcoin Summit in Philadelphia, then you know she is a hard-core libertarian and she's stoked about bitcoin.

Tell reporters that the Bitcoin booth is not to be missed!!

20  Bitcoin / Bitcoin Discussion / [VIDEO] Expanding the Bitcoin Business Community on: December 17, 2012, 06:01:20 PM
Here is a video of my presentation this weekend at the Bitcoin Summit in Philadelphia.

If you are looking for talking points and simplified examples to talk to businesses about bitcoin, you will really find value in this video.

EDIT: Sources for some of the material:

LexisNexis True Cost of Fraud

(search Google for other years)

Visa Data center with the moat

Apple storing 400,000,000 credit card numbers on file for iTunes users

Apple transmitting AppleID & passwords in clear text

Last but certainly not least, Cupertino is transmitting its customers' Apple IDs and passwords in clear text (Apple assumed it would only ever be communicating with its own server).

Global Payments leaks 1.5 million credit card numbers
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