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A comment on The Open Book Sale of My $600K eCommerce Store, With Financials. Parent comment

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/

[ Parent | on HN ]
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.
[ Parent | on HN ]
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.
[ Parent | on HN ]