Accept Bitcoin as a payment method

Discussion in 'Ideas' started by Sopock, Nov 19, 2017.

  1. Sopock

    Sopock Member

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    Hi!
    Here is another idea which may sound funny. It is already possible to buy apartments with this method.

    It seems that maintenance for 512SC pro could be set at 1 BTC.:cool:

    https://customer.3cx.com/orderform/default.aspx
    On that page How PayPal Works pop-up window:
    Oops.That page doesn’t exist.


    For an online website, accepting Bitcoin should be implemented by a competent programmer and you should run a full node, especially if you sell larger-ticket items. Even Raspberry Pi should run it, but there is also OpenCart module.

    Bitcoin is an emerging market of new customers who are searching for ways to spend their bitcoins. Accepting them is a good way to get new customers and give your business some new visibility. Accepting a new payment method has often shown to be a clever practice for online businesses.

    If on the other hand, you're giving "discounts" for Bitcoins, but then you are selling the Bitcoins for currency and then counting that as income, then chances are good that your calculation of income is making up for it.

    If you expect that the number of people interested in using Bitcoin is small, you might simply start by posting a sign or a note: "We Accept Bitcoin", and ask people to contact you directly in order to make a payment. Even if hardly anybody uses Bitcoin as a payment method, you're helping Bitcoin in two ways: one, by increasing awareness, and two, by making your customers more willing to accept Bitcoin as payment from others in the future, because now they know somewhere they can spend it.


    Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
    • Bitcoins have value because they are useful as a form of money. The Bitcoin price can be highly volatile. Bitcoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies). In short, Bitcoin is backed by mathematics. With these attributes, all that is required for a form of money to hold value is trust and adoption. In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, bitcoin's value comes only and directly from people willing to accept them as payment.
    • The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls. [imagine that]
    • Fortunately, volatility does not affect the main benefits of Bitcoin as a payment system to transfer money from point A to point B[again reference to Lada]. It is possible for businesses to convert bitcoin payments to their local currency instantly, allowing them to profit from the advantages of Bitcoin without being subjected to price fluctuations.
    • Much of the trust in Bitcoin comes from the fact that it requires no trust at all. Bitcoin is fully open-source and decentralized.
    • Bitcoin is as virtual as the credit cards and online banking networks people use everyday. Bitcoin can be used to pay online and in physical stores just like any other form of money.
     
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    #1 Sopock, Nov 19, 2017
    Last edited: Nov 25, 2017
  2. Sopock

    Sopock Member

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    Another example is upgrade pro to enterprise 128 SC which would cost 0.96 BTC
    So you have rich smart and evil bankers and investors[like hedge fund titan Bobby “Axe” Axelrod] on one side and poor, naive, but “good” young Bitcoiners on the other. Do I need to tell you how that fight ends? You’re bringing a keyboard to a gunfight…:cool:

    • Her record label, One Little Indian, has now teamed up with London-based blockchain specialist Blockpool to allow bitcoin payments. One Little Indian said the move came in response to requests from fans.
    • real world B2B business solutions for a diverse portfolio of customers
    Management console can even create QR code:
    Code:
    bitcoin:12A1MyfXbW6RhdRAZEqofac5jCQQjwEPBu?amount=1.2&message=Payment&label=Satoshi&extra=other-param
    Bitcoin URI strings became the most popular way to share payment request, sometimes as a bitcoin link and others using a QR code.
     
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    #2 Sopock, Nov 25, 2017
    Last edited: Nov 26, 2017
  3. Silly English Kniggit

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    It's difficult to publish pricing for anything in BTC. It's gone up 10% in last two days...
    COO @ Blockpool used to work here - small world. I can't see 3CX diversifying from fiat currencies as they're so heavily tied to them.
     
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