Quote:
Originally Posted by dyna mo
ican't think of 1 single reason not to accept them, the free publicity is not only an added value, it is value.
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Yes, the few adding bitcoins support now, are the first ones (and right after bitcoins $250 price event), so getting their link posted in forums and press for free, which is lots of money saved in advertising.
For example I learned of a few webhosting and video gaming providers existence just because they was the few ones in list of who accepted bitcoins.
So it is actually smart to add bitcoins support, right now, as soon as possible, and announce it where possible. Met-art is smart people, as usual
However, this free press effect it is available only to the ones adding bitcoins support within a few weeks or perhaps month from now; let everyone add the bitcoins payment option (for example Epoch, would auto-add to thousands its merchants at once)... then at that point yet another site adding bitcoins payment no more make it in the news. Would be like someone write in press that "a site added support for Paypal".
So after some time, when supporting bitcoins is no more granting you CNN inteviews, the bitcoins payment option either give volume sales, or got no any added value. It is like those strange alternative payment methods Epoch and other billers support (voucher cards, etc.), but you see like one sale a year of that type.