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Author Topic: bitpay vs mt.gox  (Read 703 times)
bit777 (OP)
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April 09, 2013, 11:58:37 PM
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I am starting a bitcoin casino, which is the better payment API for the purpose? BITPAY vs MT.GOX , or is there anything better than that?
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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NothinG
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April 09, 2013, 11:59:47 PM
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You could bypass fees and having to trust others with your money by holding it yourself. Think safe.

https://en.bitcoin.it/wiki/API_reference_(JSON-RPC)

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April 10, 2013, 12:00:34 AM
 #3

bitcoin casino? that sounds pretty cool.. can you post more details?
bit777 (OP)
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April 10, 2013, 12:01:10 AM
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the thing is both offer very convenient payout solutions and the fee is just 1%.
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April 10, 2013, 12:02:41 AM
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the thing is both offer very convenient payout solutions and the fee is just 1%.
It's up to you to decide. Check out http://blockchain.info/api/blockchain_wallet_api if you don't feel like hosting it yourself.

bit777 (OP)
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April 10, 2013, 12:03:03 AM
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bitcoin casino? that sounds pretty cool.. can you post more details?

Yes, the casino will have 30+ table games, 3D roulette, 20 slots and 20 scratch cards. It uses Mersenne twister for randomization.
bit777 (OP)
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April 10, 2013, 12:07:10 AM
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the thing is both offer very convenient payout solutions and the fee is just 1%.
It's up to you to decide. Check out http://blockchain.info/api/blockchain_wallet_api if you don't feel like hosting it yourself.

Thanks! This looks pretty good and exactly what I am looking for. However we would still have to go through Mt.Gox or bitpay for a cashout, right? Or blockchain has a cashout feature?
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April 10, 2013, 12:07:48 AM
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Yes, the casino will have 30+ table games, 3D roulette, 20 slots and 20 scratch cards. It uses Mersenne twister for randomization.

Nice, do you have the games already developed?
bit777 (OP)
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April 10, 2013, 12:10:05 AM
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Yes, the casino will have 30+ table games, 3D roulette, 20 slots and 20 scratch cards. It uses Mersenne twister for randomization.

Nice, do you have the games already developed?


Yeah. We have been in business for many years. Not in the bitcoin world though.
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April 10, 2013, 12:10:19 AM
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the thing is both offer very convenient payout solutions and the fee is just 1%.
It's up to you to decide. Check out http://blockchain.info/api/blockchain_wallet_api if you don't feel like hosting it yourself.

Thanks! This looks pretty good and exactly what I am looking for. However we would still have to go through Mt.Gox or bitpay for a cashout, right? Or blockchain has a cashout feature?
I would check out https://fastcash4bitcoins.com/ for cashing out. I'll add my vouch for the site's owner. Very trustworthy.

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April 10, 2013, 12:17:36 AM
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Yeah. We have been in business for many years. Not in the bitcoin world though.

This sounds very interesting to me. When do you plan to go live? Can you share a link to your site?
bit777 (OP)
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April 10, 2013, 12:37:25 AM
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Planning to go live within a month. Depends on how fast we integrate the payments. I can't disclose the site yet. I will do once we are ready  Smiley
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April 10, 2013, 12:38:31 AM
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Planning to go live within a month. Depends on how fast we integrate the payments. I can't disclose the site yet. I will do once we are ready  Smiley

I am sure you already have all the legalities taken care of especially if you are here in the US.
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April 10, 2013, 12:40:53 AM
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BitPay for sure, excellent checkout process
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April 10, 2013, 12:51:30 AM
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Planning to go live within a month. Depends on how fast we integrate the payments. I can't disclose the site yet. I will do once we are ready  Smiley

Can you send me PM when you go live, so I don't miss your post? Thanks!
bit777 (OP)
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April 10, 2013, 01:35:43 AM
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Yes, sure I will send you a message. And yes, we do have all the legalities taken care of. Smiley BTW, are there any other large bitcoin forums? I couldn't find any.
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