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Author Topic: Bit-Pay.com / Super Boost for Bitcoin Economy  (Read 7241 times)
JackH
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July 28, 2011, 12:41:01 PM
 #41

I did and I still wait for a reply!

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
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July 28, 2011, 01:09:46 PM
 #42

I did and I still wait for a reply!

Jack I'm sorting through a couple dozen applications this morning.  send me a PM with the email you used to signup.

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July 28, 2011, 01:55:28 PM
 #43

I spent a few hours last night updating my website to include the bit pay option just above my PayPal payment option upon checkout.

The code was fairly easy, my main time spent was duplicating all of the hooks in WordPress and the eShop plugin to duplicate what PayPal does, the final step of sending a POST to bitpay was the easy part.

But it is close to ready for prime-time after just a bit of work. Though I will probably update the eShop plugin to allow for viewing prices in Bitcoin or Dollars.

I see this as a fairly simple solution. When I first read about bitcoin I read that it is easy to accept bitcoin for your e-commerce site. Then I looked into how difficult it really is, you have to set up a bitcoin server to generate new addresses for each transaction to allow for tracking each transaction, set up the code to communicate between a secure server and your site, unless you completely trust your website host which is on someone else's machine, not to mention the whole thing of having a server out on the Internet with wallet files.

This is just about as easy as putting a button with a form on your page. Sure you have to pay a fee. But it is worth it to save a lot of headache.

And if my site starts making so much money that the fee is too much, then I can look into putting in the effort to build the solution myself and save the fee. And I am sure bit-pay will take that into consideration if high volume customers start dropping out. But for the average e-commerce site, this is a simple solution.

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Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
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July 28, 2011, 02:29:49 PM
 #44

This is just about as easy as putting a button with a form on your page. Sure you have to pay a fee. But it is worth it to save a lot of headache.

He brings up a good point that we didn't get time to explain on TV.  We basically have 2 options for paying our merchants:

1.  If you don't want anything to do with bitcoins and you want dollars sent to your bank account, like what happens with Paypal or credit cards, then bit-pay assumes the currency risk and the trading fees for the full amount of the order.  We do all of this as part of the package for the merchant that doesn't want to mess with bitcoins.  Our fees for everything in this case is 2.99%.

2.  If the merchant is fine taking bitcoins, we do offer a much lower fee for this, since we don't have any currency exchange or trading risks or costs.  If you'll take bitcoins, you can use all of bit-pay's services and the fees are 0.99%.



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July 28, 2011, 02:48:33 PM
 #45

This is just about as easy as putting a button with a form on your page. Sure you have to pay a fee. But it is worth it to save a lot of headache.

He brings up a good point that we didn't get time to explain on TV.  We basically have 2 options for paying our merchants:

1.  If you don't want anything to do with bitcoins and you want dollars sent to your bank account, like what happens with Paypal or credit cards, then bit-pay assumes the currency risk and the trading fees for the full amount of the order.  We do all of this as part of the package for the merchant that doesn't want to mess with bitcoins.  Our fees for everything in this case is 2.99%.

2.  If the merchant is fine taking bitcoins, we do offer a much lower fee for this, since we don't have any currency exchange or trading risks or costs.  If you'll take bitcoins, you can use all of bit-pay's services and the fees are 0.99%.




this is reasonable.  watched the video.  looks very promising.  thanks for providing a much needed service.
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July 28, 2011, 03:40:50 PM
 #46

I'm gonna check it out.  Looking forward to an alternative to PayPal for my website.

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BitPay Business Solutions
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July 28, 2011, 09:12:03 PM
 #47

I'm gonna check it out.  Looking forward to an alternative to PayPal for my website.

Og nice beats on your site.  You produce those?

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July 28, 2011, 10:29:30 PM
 #48

I'm gonna check it out.  Looking forward to an alternative to PayPal for my website.

Og nice beats on your site.  You produce those?

Yes.  Thanks.

I'm all set to go on your site but probably won't be able to take a hard look at integration until tomorrow.  I've tried a few other sites (mybitcoin, bitwillet, etc...) and haven't been impressed.  I'm hoping that your site is exactly what I'm looking for.   Grin

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July 28, 2011, 11:56:50 PM
 #49

@ Bit-Pay

Why don't you give out a list of merchants who use your service.

You could dedicate a section of your website for this, so that potential customers can easily find shops & vendors who are accepting bitcoin.


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July 29, 2011, 12:00:06 AM
 #50

@ Bit-Pay

Why don't you give out a list of merchants who use your service.

You could dedicate a section of your website for this, so that potential customers can easily find shops & vendors who are accepting bitcoin.



great idea, would help to promote idea to accepting bitcoins to other merchants as well help with exposure of current ones.
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July 29, 2011, 12:01:22 AM
 #51

@ Bit-Pay

Why don't you give out a list of merchants who use your service.

You could dedicate a section of your website for this, so that potential customers can easily find shops & vendors who are accepting bitcoin.


Will do.  We have had a very good response since the TV show yesterday.  As soon as a new merchant is fully up and running we will definitely announce it.  There are some pretty cool sites working on integrating it right now!

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July 29, 2011, 12:07:31 AM
 #52

So, I imagined Wink


Do it well and do it fast and success will be yours !

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July 29, 2011, 01:58:32 AM
 #53

This is the kind of service bitcoin needed. Congratulations Smiley
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July 29, 2011, 02:28:28 AM
 #54

@ Bit-Pay

Why don't you give out a list of merchants who use your service.

You could dedicate a section of your website for this, so that potential customers can easily find shops & vendors who are accepting bitcoin.


Will do.  We have had a very good response since the TV show yesterday.  As soon as a new merchant is fully up and running we will definitely announce it.  There are some pretty cool sites working on integrating it right now!

Awesome.  Free advertising.  My site will have your buttons integrated first thing tomorrow morning.

Idea, you could add a donate button along with the order buttons.

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Vod
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July 29, 2011, 03:17:27 AM
 #55

So why are we expected to pay these guys 2% of every transaction to use this service as a merchant?

I have no problem paying a fee to use a merchant service.  However, they should take the donate "begging" link off their front page before they start.

I'm into creating universes, smiting people, writing holy books and listening to prayers.
If you want your prayers answered, you must donate to 1CDyx8AUTiYXS1ThcBU3vy4SJWQq6pdFMH
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July 29, 2011, 03:32:01 AM
 #56

I like the idea of bit-pay and will most probably make use of it in the coming weeks but I must derail this discussion just a tiny bit.

Damn you guys picked a gorgeous girl for your advertisement, I only realised what the product was about nearly 90% into the video.

Ok back on topic Smiley

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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July 29, 2011, 03:41:31 AM
 #57

I like the idea of bit-pay and will most probably make use of it in the coming weeks but I must derail this discussion just a tiny bit.

Damn you guys picked a gorgeous girl for your advertisement, I only realised what the product was about nearly 90% into the video.

Ok back on topic Smiley

i've been promised she will be at the BitCon in NY next month!!!
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July 29, 2011, 03:44:39 AM
 #58

I have no problem paying a fee to use a merchant service.  However, they should take the donate "begging" link off their front page before they start.

omg, I didn't see that. You must remove it. It doesn't put out a good image about a paid service.

I love the idea, but your website still needs a little work. I saw that you were designing a new the logo. That's good. Get an original favicon while you're at it Wink
The video is nice, but the girl is kind of... Well, she's good to look at, but usually there is just a voice over. If someone is seen, he/she should be working at the company I think...

But these are details. Good luck with your service.
BitPay Business Solutions
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July 29, 2011, 03:48:30 AM
 #59


omg, I didn't see that. You must remove it. It doesn't put out a good image about a paid service.

I love the idea, but your website still needs a little work. I saw that you were designing a new the logo. That's good. Get an original favicon while you're at it Wink
The video is nice, but the girl is kind of... Well, she's good to look at, but usually there is just a voice over. If someone is seen, he/she should be working at the company I think...

But these are details. Good luck with your service.

That was during development, we can take the donate off now.

And Alison does work for us.  She will be at the Bitcoin Conference in NYC!

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
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July 29, 2011, 03:52:11 AM
 #60

That was during development, we can take the donate off now.

And Alison does work for us.  She will be at the Bitcoin Conference in NYC!

Wow...Pretty girls and bitcoins in the same company! Tongue I thought you hired her just to shoot the video. Sorry for my post then.
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