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Author Topic: hola my friends , need some help with a selling and transfer problems  (Read 41 times)
hechoenjapon
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December 26, 2017, 01:39:06 AM
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hello everybody english is about my second language so please be merciful

anyways i am selling some things with value 13$ or 30$ , and last night i sold a few 30$ , 3 times , but i would get $6.50 taken off this . i dont know why . well i been reading abit and i see having the right wallet is best . so i try afew wallets today

sold a 13$ item and got sent to bitpay wallet . only recieved $6 .

is this the transaction fee? bevause on da wallets i only see you can slide the fee for sending the money .
what is the best practice i can do to recieve nearly a bigg amount of my total i sold?
i cant be selling stuff for $13 and only recieve 6 this is crazyness.
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achow101
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December 26, 2017, 02:50:50 AM
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Please post the transaction ids of the transactions in question.

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December 26, 2017, 05:03:54 AM
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hello everybody english is about my second language so please be merciful

anyways i am selling some things with value 13$ or 30$ , and last night i sold a few 30$ , 3 times , but i would get $6.50 taken off this . i dont know why . well i been reading abit and i see having the right wallet is best . so i try afew wallets today

sold a 13$ item and got sent to bitpay wallet . only recieved $6 .

is this the transaction fee? bevause on da wallets i only see you can slide the fee for sending the money .
what is the best practice i can do to recieve nearly a bigg amount of my total i sold?
i cant be selling stuff for $13 and only recieve 6 this is crazyness.

it's the "Network Cost Fee" that bitpay charged you for sweeping the payments you received
and the recent increase of miners fee should also contribute to the matter
read this blog article, should give you detailed info https://blog.bitpay.com/network-costs/
if you have txid please post here like achow101 said.

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December 26, 2017, 09:18:22 AM
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i cant be selling stuff for $13 and only recieve 6 this is crazyness.
At current Bitcoin fees, you simply can't use Bitcoin for small sales or purchases anymore.
If you would use your own wallet (such as Electrum) instead of Bitpay, and someone pays you 0.001BTC, you'll just see 0.001BTC appear in your wallet. But if you want to use that 0.001BTC by yourself, you'll need to pay a fee again. Bitpay instantly takes the difference, but in the end you'd have to pay it one way or another.
At the way fees are going, you're lucky if you still get $6 out of $13, if fees get higher again (like they were last week), your $13 disappears completely.

As a merchant, you have a few options:
-Pay the fees by yourself (which is what you're currently doing)
-Charge the customer extra when he pays with Bitcoin (which means the customer pays $13 to you, $7 for his own fee, and $7 for Bitpay's fee. This is what my food website did, so I had to stop using Bitcoin)
-Stop accepting Bitcoin (while many people speculate Amazon and McDonald's are going to accept Bitcoin, Steam stopped accepting it).

As much as I hate saying it: Bitcoin is useless for small payments now.

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