BitcoinStore
Re:Bitcoin exchange rate reached $100 USD per BTC
on Tuesday April 02, 2013 @07:53PM (#5483058)
I can confirm :)
Re:Balanced: A Third-Generation Payments Provider
on Tuesday April 02, 2013 @07:45PM (#5483012)
Dismissed Bitcoin far too quickly.
Re:BitcoinStore Launch - Cheaper In Bitcoin
on Saturday November 03, 2012 @07:26PM (#4738244)
For the 1-3% fee businesses, it does actually make sense. Especially with really low-margin sites. Think of your local grocery store offering a cash discount because of credit card fees, those businesses really do exist on the margin.
Re:BitcoinStore Launch - Cheaper In Bitcoin
on Saturday November 03, 2012 @07:04PM (#4738196)
Both the minimum order and extra international shipping costs will go away as we move forward. They were unfortunate hurdles we had to place in order to get the site public on schedule.
Re:BitcoinStore Launch - Cheaper In Bitcoin
on Saturday November 03, 2012 @07:03PM (#4738194)
We're adding the option soon. For now we just wanted to get the site out there so people could see the savings they can receive if they use Bitcoin. Having the prices set in USD helps consumers compare across sites much easier.
Re:BitcoinStore Launch - Cheaper In Bitcoin
on Saturday November 03, 2012 @07:02PM (#4738192)
Products vary in pricing. We don't undercut them on every product, but the fact that we're able to undercut them severely on a good percentage of our products is amazing!
Re:BitcoinStore Launch - Cheaper In Bitcoin
on Saturday November 03, 2012 @07:01PM (#4738191)
The advantage to using Bitcoin is that there are no payment processing fees. What we're able to cut with BitcoinStore is that 1-10% fee that Visa, PayPal, et al. charge especially when dealing with products that have a high chargeback risks. So the products that sell best when using Bitcoin have high chargeback risks associated with them.