Coindesk Launches "Deals" BTC NOT ACCEPTED!!

Bizmark13

sr. member

Activity: 462

Merit: 250

WikiScams.org - Information about Bitcoin Scams

CoinTelegraph published an article about this on their site. It's likely that CoinDesk underestimated the community's reaction towards the irony of a BTC news site not accepting BTC (technically this isn't correct - see below) on their deals page:

http://cointelegraph.com/news/113674/coindesk-launches-deal-site-without-bitcoin-support

Quote from: jdebunt on March 16, 2015, 11:12:54 AM

probably has to do with the fact their deals are not CoinDesk-owned products. They use a third party site which is not accepting BTC at all.

This is just a referral system, nothing more, nothing less.

This is true. In fact, the company they are using seems to be StackSocial. Thus, CoinDesk isn't actually selling anything. They are simply referring users to buy products from StackSocial and they get a small percentage of the profits of each sale. Technically since StackSocial is a Groupon-esque site, you could say that even they aren't really selling anything directly themselves either.

Quote from: CoinTelegraph

The use of StackCommerce also explains why CoinDesk Deals doesn't currently accept bitcoin. Since it is actually StackSocial that is selling the deals and not CoinDesk, it isn't up to CoinDesk. Until StackSocial accepts bitcoin in some fashion, neither can CoinDesk Deals.

A lot of people have already suggested using a solution like BitPay to protect against BTC volatility but the reality is that it's a bit more complicated than that. Some sort of agreement will probably need to happen between BitPay or Coinbase and StackSocial.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: bitkoof on March 16, 2015, 08:07:51 AM

This is a brand new store. We are working with the partner to get Bitcoin payments working ASAP.

We accept bitcoin on other products https://ads.coindesk.com/ and http://www.coindesk.com/research/regulation-report/

brand new or not. it's awkward having a respected bitcoin/crypto news site not use bitcoin from start.
bitpay for example is quite easy to implement and you don't have to worry about the price of bitcoin as it will convert everything to fiat.

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Quote from: FuckIdolPlus on March 16, 2015, 01:53:32 AM

Fair enough. They are probably scared with the frequent BTC/USD price drops.

This doesn't explain anything. They are a Bitcoin news site and not accepting Bitcoin shows their attitude towards the project. If they are scared to use it they don't support it, period.

Brewins

legendary

Activity: 1120

Merit: 1000

Quote from: bitcoinsguru on March 16, 2015, 10:34:15 AM

The price of btc can go up or down. If any person stake btc for profit & price goes up or down, then he can be in profit or lose whatever, he can handle.
But when its comes to organization then the company have to pay every person of organization whatsoever btc go up or down. If btc price go down too much then the organization will not able to pay.

They have taken good decision for their organization, So they will remain for long, whatever happen to btc.

bitpay makes payments acceptable whatever price and volatility is on market. For example.

I know the store is new and everything, but a bitcoin site that doesn't accept BTC as payment is really bad publicity.

jdebunt

legendary

Activity: 1596

Merit: 1010

probably has to do with the fact their deals are not CoinDesk-owned products. They use a third party site which is not accepting BTC at all.

This is just a referral system, nothing more, nothing less.

bitcoinsguru

member

Activity: 103

Merit: 10

I'm addicted to BitCoin

The price of btc can go up or down. If any person stake btc for profit & price goes up or down, then he can be in profit or lose whatever, he can handle.
But when its comes to organization then the company have to pay every person of organization whatsoever btc go up or down. If btc price go down too much then the organization will not able to pay.

They have taken good decision for their organization, So they will remain for long, whatever happen to btc.

Karartma1

legendary

Activity: 2310

Merit: 1422

Quote from: bitkoof on March 16, 2015, 08:07:51 AM

This is a brand new store. We are working with the partner to get Bitcoin payments working ASAP.

We accept bitcoin on other products https://ads.coindesk.com/ and http://www.coindesk.com/research/regulation-report/

You should've done that before launch. This is just nothing but a bad publicity for you now.

bitkoof

member

Activity: 68

Merit: 10

CoinDesker

This is a brand new store. We are working with the partner to get Bitcoin payments working ASAP.

We accept bitcoin on other products https://ads.coindesk.com/ and http://www.coindesk.com/research/regulation-report/

innocent93

legendary

Activity: 896

Merit: 1000

A website that begun by Bitcoin says they didn't accept Bitcoins anymore,Shame on them.
Yes, Heard it all before, they said they was going to abandon Bitcoin and takes altcoin, they also called it "Bitcoin 2.0".

EsaEzekiel

newbie

Activity: 39

Merit: 0

coindesk's boss doesn't like bitcoin

FuckIdolPlus

full member

Activity: 126

Merit: 100

Fair enough. They are probably scared with the frequent BTC/USD price drops.

whonesta

sr. member

Activity: 379

Merit: 250

ROFLMAO, Coindesk WOW such a slap in the face. a BTC "news" site but DO NOT accept BTC. UGH!!

Topic: Coindesk Launches "Deals" BTC NOT ACCEPTED!! (Read 928 times)