Bitcoin support

This is used for general discussion that is not necessarily server-related.
Post Reply
azelphur
New to forums
New to forums
Posts: 4
https://www.youtube.com/channel/UC40BgXanDqOYoVCYFDSTfHA
Joined: Mon Apr 09, 2012 6:21 pm

Bitcoin support

Post by azelphur »

Have you ever thought about implementing bitcoin?

If you don't know what bitcoin is, check out the video on this page: http://www.weusecoins.com/

It'd be good because...
No chargebacks
Very low transaction fees (Currently free for most transactions)
Can be instantly converted into USD via a service like bit-pay
Paypal sucks
You can list your company on the Bitcoin trade page, free advertising!
Your account cannot be frozen
Completely free to accept bitcoins

:D
User avatar
Edge100x
Founder
Founder
Posts: 12948
Joined: Thu Apr 18, 2002 11:04 pm
Location: Seattle
Contact:

Re: Bitcoin support

Post by Edge100x »

If significant demand appears among customers for bitcoin support, we will look into adding it. However, it would likely come after Google and Amazon payment support, and I have serious reservations about the idea, as the anonymous nature of bitcoins would not be a benefit; being one of very few hosters to support it would paint a bullseye on our back for spammers, scammers, and anyone who we want to stay banned.

By all means, you should avoid Paypal.
User avatar
kraze
Former staff
Former staff
Posts: 4362
Joined: Fri Sep 17, 2010 9:06 am
Location: California

Re: Bitcoin support

Post by kraze »

I would personally love to see Google and Amazon payment support.
@Kraze^NFo> Juski has a very valid point
@Juski> Got my new signature, thanks!
@Kraze^NFo> Out of context!
@Juski> Doesn't matter!
@Juski> You said I had a valid point! You can't take it back now! It's out there!
Kropp
A regular
A regular
Posts: 48
Joined: Mon Apr 02, 2012 1:10 pm
Location: Canada, British Columbia
Contact:

Re: Bitcoin support

Post by Kropp »

I am never going back to paypal, Locked my account with 1.1 grand in it.
Image
azelphur
New to forums
New to forums
Posts: 4
Joined: Mon Apr 09, 2012 6:21 pm

Re: Bitcoin support

Post by azelphur »

Edge100x wrote:If significant demand appears among customers for bitcoin support, we will look into adding it. However, it would likely come after Google and Amazon payment support, and I have serious reservations about the idea, as the anonymous nature of bitcoins would not be a benefit; being one of very few hosters to support it would paint a bullseye on our back for spammers, scammers, and anyone who we want to stay banned.

By all means, you should avoid Paypal.
Seems sensible, you will indeed see more revenue on Google and Amazon.

With regards to the anonymous nature. Bitcoin users are in no position to be able to scam you (ie fraudulently obtain services) as, once the money is in your wallet, they can't take it back. There is no way to reverse a bitcoin transaction once it is confirmed. It's certainly more safe than credit cards and paypal, which can both have chargebacks.

If your talking about people signing up anonymously and using the servers for nefarious things, I can see the concern, that said, it's not that difficult to be anonymous using other currencies either, prepaid credit cards, signing up for paypal with false information, or plain old identity theft are just a few ways of doing it. If it became an issue, I'd suggest requiring some form of identity validation. :)
User avatar
Edge100x
Founder
Founder
Posts: 12948
Joined: Thu Apr 18, 2002 11:04 pm
Location: Seattle
Contact:

Re: Bitcoin support

Post by Edge100x »

Yes, the concern I gave was about scammers, spammers, and ban evaders taking advantage of the easy and anonymous nature of bitcoins. While it is true that there are other methods of renting servers pseudo-anonymously, bitcoin should be far easier and less trackable.
LittleB
This is my homepage
This is my homepage
Posts: 160
Joined: Mon Feb 06, 2012 4:14 am
Location: US
Contact:

Re: Bitcoin support

Post by LittleB »

Weird!Haven't had a single issue with Paypal,but Google & Amazon would be nice.
Image
tz00
New to forums
New to forums
Posts: 3
Joined: Sun Feb 17, 2013 9:13 pm

Re: Bitcoin support

Post by tz00 »

Thought I'd bump this and see if the idea has made any progress. Maybe you could implement the idea for those of us with a credit card already linked?
User avatar
kraze
Former staff
Former staff
Posts: 4362
Joined: Fri Sep 17, 2010 9:06 am
Location: California

Re: Bitcoin support

Post by kraze »

What John said above still applies, In all honesty it is unlikely to get added. When we start adding new payments types we'll most likely start with Google and Amazon checkout.
@Kraze^NFo> Juski has a very valid point
@Juski> Got my new signature, thanks!
@Kraze^NFo> Out of context!
@Juski> Doesn't matter!
@Juski> You said I had a valid point! You can't take it back now! It's out there!
tz00
New to forums
New to forums
Posts: 3
Joined: Sun Feb 17, 2013 9:13 pm

Re: Bitcoin support

Post by tz00 »

Ok - thanks for the response!
.=QUACK=.Major.Pain
This is my homepage
This is my homepage
Posts: 1573
Joined: Sun Jun 26, 2011 8:03 am

Re: Bitcoin support

Post by .=QUACK=.Major.Pain »

Has Google ever changed and start allowing Canadian payments?
Don't know why they would restrict a great portion of the North American market.
Visit gspreviews.com And Rate & Review Your Old & Current GSP's
Find Your GSP Coupons at gspreviews.com/coupons/
Will Schuester
New to forums
New to forums
Posts: 1
Joined: Mon May 27, 2013 6:41 am

Re: Bitcoin support

Post by Will Schuester »

Is this still in consideration?
IcEWoLF
This is my homepage
This is my homepage
Posts: 1192
Joined: Thu Aug 10, 2006 9:41 pm
Contact:

Re: Bitcoin support

Post by IcEWoLF »

We don't know what the future of Bitcoin would be.
I also agree that Bitcoin will attract a lot of unwanted crowd around here, especially the ones that try to abuse servers/machines...

Honestly Google+Amazon is going to be a great idea.


Also, I've never had any issues with PayPal, always worked out for me.
Obviously you had to do something really wrong for your account to be blocked/locked.

If you feel PayPal has wrongfully blocked your money,then I'd highly suggest consulting your lawyer, especially when the amount is greater than $1000.
Image
Image
User avatar
TimeX
Staff
Staff
Posts: 1731
Joined: Thu Jul 22, 2004 12:24 am
Location: Big Bear, CA

Re: Bitcoin support

Post by TimeX »

We have seen plenty of problems with Paypal in the past, and still do sometimes. It is a bit different from a business perspective, though.

As for Google checkout, I heard somewhat recently that Google was going to be getting rid of the checkout service. I'm not sure how true that is, or if it is still the case.
TimeX
Post Reply