Bitcoin sucks!

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However we keep in believing that btc would succeed in many diffrent ways

If You have such belief, try to offer some items in change for BTC.

[boyptc]

However we keep in believing that btc would succeed in many diffrent ways

If You have such belief, try to offer some items in change for BTC.

There's a section here in forum called the goods section (https://bitcointalk.org/index.php?board=51.0) and it has child boards the computer hardware (https://bitcointalk.org/index.php?board=75.0) , digital goods (https://bitcointalk.org/index.php?board=93.0) and collectibles (https://bitcointalk.org/index.php?board=217.0) so what do you think about items that are posted there and payment should be in btc?

[Yuhee]

Well first of all for me bitcoin is good opportunity for those who are patient enough to read and follow the price in the market. Bitcoin and even other altcoins can be off great help to everyon if they could manage it the right way. There are coins who are innovative and is really greatful for the community. Not everyone shares the same belief so you might have to change your minds in some ways.

[mostkey]

Well first of all for me bitcoin is good opportunity for those who are patient enough to read and follow the price in the market. Bitcoin and even other altcoins can be off great help to everyon if they could manage it the right way. There are coins who are innovative and is really greatful for the community. Not everyone shares the same belief so you might have to change your minds in some ways.

It is no longer denied, bitcoin is a great opportunity for us to reap the benefits, we are here in mandatory to teteap be patient in reaching bitcoin.For those who are impatient is indeed annoying.But on the other hand this is an opportunity to become rich

[AmeSakibimasu]

Our experiment with BTC is over. We accepted BTC in 2 of our on-line stores and after losing hundreds and possibly thousands of dollars we are removing BTC acceptance. Stores were selling card access products and chip cards.
Simply by the time somebody buys something and gets confirmed and we manage to exchange BTC at Canadian Kraken we are at loss. So goodbye Bitcoin, going back to PayPal and credit cards only.

Don't blame bitcoin for whatever stupidity or risk have you done in your life, that is life, and that is how things work, you will never know what will happen unless you are going to try it and take some risk, and that is what you did, sadly you have failed on what you wanted to do, but just take it as a lesson and move on, just keep on trying things out until you've made it.

There is no point on saying that Bitcoin Sucks and whatever bad comments you are going to say on bitcoin, it can't return what already happened, you are just stressing yourself out more, that is why just think of other way again on how you are going to get back what you have lost, bitcoin is just there, you just have to think another way on how you are going to earn it.

[RoommateAgreement]

However we keep in believing that btc would succeed in many diffrent ways

If You have such belief, try to offer some items in change for BTC.

it is so dumb that you represent a website that is supposed to be accepting bitcoin as payment and yet you continuesly attack bitcoin as a currency! maybe your whole information about bitcoin comes from the fact that nobody ever uses your website so you concluded that bitcoin payments never happen anywhere else either

[Amevalentine]

i guess you have lack information how to run business using btc payment processing
many shop have been using BitPay to handle their btc payment processing

[digez]

Our experiment with BTC is over. We accepted BTC in 2 of our on-line stores and after losing hundreds and possibly thousands of dollars we are removing BTC acceptance. Stores were selling card access products and chip cards.
Simply by the time somebody buys something and gets confirmed and we manage to exchange BTC at Canadian Kraken we are at loss. So goodbye Bitcoin, going back to PayPal and credit cards only.

What did you lose exactly and in what way? a hack? a loss of value? losing other customers?

Honestly, although bitcoin isn't the best interface for regular businesses, but I can't understand the way it costed your company hundreds of thousands of dollars.

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supposed to be accepting

It accept Cash via Exchange Machines, QIWI, Webmoney, Yandex Money, Mail.ru Money, PayPal, Bank Transfer, SOFORT Banking, Paysafecard, Neosurf, Postepay, Paysafecard, Visa, MasterCard, Delta, Discover, JCB.
And there is too a BitPay exchanger/Payment processor.

All payouts there are in $.

you continuesly attack bitcoin as a currency

BitPay is not BTC, and here are two sides of convienience for BTC paying customer.
Instead of be attracted of BTC label, he need check
 if the card issuer with electronic money inside have better exchande rate if product/service is payd via Mastercard/Visa.

[HarryFlashman]

That's really shocking to hear such kind of experience. Bitcoin transactions are not so long to loose money on the price difference and bitcoin doesn't jump from 100$ to 2500$.
I thought a business which based on bitcoin is developing very profitable from a day to day. I remember a story when some guys were selling pizza per 20 BTC each! I doubt that their business ended the same like yours.

If we sold something for 1 BTC yesterday and managed to exchange BTC into USD today we would lose at least 100 dollars. From about $2345 value it dropped in 8 - 10 hours to $2231. There is your answer. No business should be based on hopes and speculations that currency will jump up in day or two. Nobody can predict such movements with certainty.

Even more than few posters here said that BTC is not suitable to be form of payment but rather investment. That maybe correct so we are guilty of being enthusiastic enough not to believe that and think that BTC is perfect currency.

[erickkyut]

Our experiment with BTC is over. We accepted BTC in 2 of our on-line stores and after losing hundreds and possibly thousands of dollars we are removing BTC acceptance. Stores were selling card access products and chip cards.
Simply by the time somebody buys something and gets confirmed and we manage to exchange BTC at Canadian Kraken we are at loss. So goodbye Bitcoin, going back to PayPal and credit cards only.

I think you are not a wise investors. why would you sell your bitcoin at such a low price? why didn't you wait till its price pumped again before you sell it? if you should have waited more maybe you will be happy with the results.

[qiwoman2]

I am sorry for your loss and failed experiment with Bitcoin. I hope you find a better system of integrating Bitcoin in the future, but I do agree that Bitcoin is messy at the moment due to the scaling problem, which I hope improves after August the 1st.

[just_Alice]

That's really shocking to hear such kind of experience. Bitcoin transactions are not so long to loose money on the price difference and bitcoin doesn't jump from 100$ to 2500$.
I thought a business which based on bitcoin is developing very profitable from a day to day. I remember a story when some guys were selling pizza per 20 BTC each! I doubt that their business ended the same like yours.

That depends on what they were doing with their BTC. If they were exchanging it for a fiat currency right away, they probably were losing money too. But if they were holding at least until bitcoin was $50 of course they were in profit.

[Theb]

You see here is the problem you are blaming Bitcoin with your own mistake, it is not Bitcoin's problem why its price or value change very often and you as an owner of a Business and Bitcoin must know when is the right time to sell your position in order to maximize your Bitcoin earnings. Also we all know by accepting Bitcoin you are also accepting its volatility is is not Bitcoin's fault like what I said earlier to your own mistakes.

[adzino]

To be honest, I would say it was actually your fault(unintentional though) that you made loss. Bad management system due lack of knowledge on how to handle payments when done through using bitcoins. But shit happens. You can try again, try taking help from the community on how to handle the payments properly.

[freebutcaged]

You were smart enough to actually accept Bitcoin but not smart enough to use a payment processor mate, this is how a payment processor works.

You open an account with them and when someone buys from you they send Bitcoin to the processor and you just receive the dollars regardless

Of Bitcoin price. stop blaming Bitcoin because you couldn't use a payment processor. you are not actually accepting BTC you just say that you are.

[doomloop]

BitPay could convert

How BitPay is better of other exchangers?
What is the actual Exchange rate there?

Bitpay can automatically convert bitcoins to dollars then deposit into your bank account. This is very useful for businesses purposes or Trading purposes. those who want to accept bitcoins,its further easy so no need to take tension about this. Just try to learn about this, It’s easy after getting know about it and then there is no risk to merchants.

[Adbitco]

The fault is not of bitcoin but it's yours. Before starting to accept bitcoin you should have assessed the pros and cons of accepting bitcoin as one of payment methods. There are still big businesses not in terms of fame but in terms of volume of the business they do with bitcoin, they are still accepting bitcoin and even altcoins and make good profit. The wisest thing they do is not sell bitcoin immediately but only when they think it would bring them more profits.

[RoadToBTC]

Our experiment with BTC is over. We accepted BTC in 2 of our on-line stores and after losing hundreds and possibly thousands of dollars we are removing BTC acceptance. Stores were selling card access products and chip cards.
Simply by the time somebody buys something and gets confirmed and we manage to exchange BTC at Canadian Kraken we are at loss. So goodbye Bitcoin, going back to PayPal and credit cards only.

Using bitcoin as payment method isn't good decision to make. The price is very volatile. It is always good to use a stable currency for buying or selling stuffs. And sometimes, bitcoin transaction will get a single confirmation after days, that will give another headache!

Bitcoin is an asset, not a currency!

[n4poleon]

Maybe you're too stupid or something. It's okay when people don't use bitcoin because they don't understand, instead of using it because someone just told them. And how come others don't have problems accepting it as payment.