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So what kind of Bitcoin site are you starting?
I'm currently building a mainstream one.
Selling something that is wanted world wide, hard to get and almost impossible to find payment solutions for. Nobody else is doing it. I will be the first. I will get paid in Bitcoins with a 0.5% transaction fee and no risk of cb's. And once they are in your wallet they will just get worth more and more. So how are you gonna get your coins? |
how do/will you process the transactions?
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Why would I want to start any site with a currency that I would guess less then .005% of the population has even ever heard of?
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i found these https://bitpay.com/bitcoin-for-ecommerce a rough version for oscommerce https://github.com/weex/oscommerce-bitcoin |
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Accepting bitcoin will allow the site to take payments from anywhere in the world, according to Reddit's blog. The virtual currency is looking increasingly attractive to online merchants, who run the risk of incurring a "chargeback" by banks if someone fraudulently makes a purchase with someone else's credit card details. Due to its cryptographic verification system, bitcoins cannot be fraudulently spent, which relieves merchants of chargeback worries. As with many Web-based services, payments for those features are dependent on credit card transactions and eBay's PayPal service. But WordPress wrote on its blog that PayPal doesn't serve more than 60 countries, and credit card companies have restrictions due to political, fraud, and other reasons. "With Bitcoin we join a new digital economy that doesn't leave anyone behind, essentially making financial transactions open source -- something WordPress.com is behind 100 percent," WordPress said. |
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It wouldn't make sense if i can use cc or paypay instead. Then there is no point offering Bitcoins. (edit: actually it makes a lot of sense to offer it as an alternative payment option, which i do on a paysite) You must've missed the part where i said i offer something that has no other payment options. |
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these guys launched a discount electronics store that only accepts bitcoins
Company representatives claim that by not having to pay credit card fees, they will be able to keep prices 1 to 10 percent lower than the top competitors. And by doing so, they are hoping the company will be so successful that it eventually fails. You see, profit is not the main goal of the project. Roger Ver, the founder of the site, launched it to serve as a high-level demonstration for companies like Amazon and NewEgg, a lesson in the benefits of Bitcoin. If any of these companies begin taking payments in Bitcoin, representatives at BitcoinStore say they will close shop in triumph. "The point of the site is to show both consumers and business owners that using Bitcoin can drastically lower the cost of providing products," says Jon Holmquist, the head of marketing for BitcoinStore. https://www.bitcoinstore.com/ http://www.slate.com/blogs/future_te...to_accept.html |
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damn, frank you are fast,
if you really have some special products then people will buy it no matter what. i dont recall the product/site but on one site they were only accepting certain virtual currency , and their partner site allowed paypal to their currency exchange, i had no other option , so i purchased their currency and then the product, it was virtual item, i guess. i gotta learn the bitcoin thing. i never trusted the bitcoins or any other virtual currency. |
Its all about to change: http://arstechnica.com/tech-policy/2...undering-laws/
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something is not right in this thread...
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Working on a e-shop for my comics (Zen Cart with OKPay module). If it works out I would be free from the ridiculous censorship by banksters and CC companies, def worth to invest some time and work. If not I have wasted a few days of work but at least learned a little bit about Zen Cart.
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Tell them you just started, you should get some sales. |
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How is it taxed?
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Can't tax it, can't control it, can't regulate it in any way.... have luck! |
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I wouldent make a site selling anything with bitcoins, naw fuck this I edited it out .....
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Sports betting exchange.
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The concept of bitcoin is great and there is money to be made. I'm personally just more comfortable putting my money into hard assets instead of cyber currency that doesn't even exist and is flipping the bird at all governments, banks, and global power players. |
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Competition is always good though. |
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This will be much better, more like Betfair. |
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If you have some time and bitcoin would you help me to test my shop? Would send you paypal. |
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Still prefer the Euro here. Rock solid!
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http://www.lynortis.com/lshop/ I will send you $5 (where should I send them?) and you can use the coupon code ikki23 for a $4 discount. |
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From Wired (Dec 2012):
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Caveat emptor... :winkwink: :stoned ADG |
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here is the correct way: If you are running a business in a origin-based state, you would collect sales taxes for your state on all of your retail sales. However, if you are running a business in a destination-based state, you would not have to collect your state's sales tax on sales that are shipped out-of-state. You would also not have to collect sales taxes for the customer?s state unless you have Nexus, or a physical presence, in that state. The customer would simply pay the sales/use tax on their own. |
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A while back I was thinking of making a site like bitvisitor.com that paid people in bitcoins to view ads. But instead of viewing regular ads it would have been porn ads.
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this is the type of shit that makes it scary
http://www.pcworld.com/article/23489...html#tk.hp_new |
all new ventures have a higher level of risk. not to mention all currencies are faked as well.
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