The Open Book Sale of My $600K eCommerce Store, With Financials

Re:The Open Book Sale of My $600K eCommerce Store, With Fina... by seansoutpost on Thursday November 14, 2013 @02:37PM (#6734919)

Will you take bitcoin for the purchase price?

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Re:The Open Book Sale of My $600K eCommerce Store, With Fina... by spiredigital on Thursday November 14, 2013 @02:46PM (#6734981)

I will if you will offer me a 60 day options contract to sell bitcoins at a fixed price after close! Otherwise, the volatility cold double or half the purchase price. :-)

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Re:The Open Book Sale of My $600K eCommerce Store, With Fina... by aric on Thursday November 14, 2013 @05:01PM (#6735970)

You don't need a waiting period to accept bitcoin converted to USD.

https://bitpay.com/

https://coinbase.com/

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Re:The Open Book Sale of My $600K eCommerce Store, With Fina... by arthurcolle on Friday November 15, 2013 @01:31AM (#6738070)

Very disingenuous to post coinbase and say "no wait period" when you have to wait AT LEAST a week to get your bitcoins.

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Re:The Open Book Sale of My $600K eCommerce Store, With Fina... by aric on Friday November 15, 2013 @06:24PM (#6742792)

It's not disingenuous. You misunderstood. He was concerned about floating prices between BTC:USD. You don't have to implement your own waiting period to accept bitcoin into a static USD price with either service. If you do that, then there are the same short waiting periods that apply to every payment service that performs USD ACH/banking transactions before it gets to your bank account. The value doesn't change in the meanwhile.

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