Expert Advice Needed, RE: Best Way to Integrate Bitcoin In Website?

nimda

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0xFB0D8D1534241423

Quote from: crazy_rabbit on September 09, 2012, 04:10:11 AM

Quote from: nimda on September 08, 2012, 10:50:58 AM

On an offline computer, generate thousands of privkey/address pairs
Transfer the addresses to your server
When requesting payment, present a new address to the customer
Verify payment using bitcoind, blockchain.info's API, or blockexplorer.com's API

Un-hackable!

Place a sell order for 100000 BTC at 0.01 USD on MtGox
Forward customer's coins to your MtGox deposit address

Near-instant BTC sales without being charged Bit-Pay's commission!

You lost me at that "place a sell order" part. What is that supposed to do? Or is that a joke?

??
As you deposit coins into your MtGox account, the sell order will automatically match them with the highest bid until your account is out of coins. It's like BitPay, but without the 3% commission.

crazy_rabbit

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Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: nimda on September 08, 2012, 10:50:58 AM

On an offline computer, generate thousands of privkey/address pairs
Transfer the addresses to your server
When requesting payment, present a new address to the customer
Verify payment using bitcoind, blockchain.info's API, or blockexplorer.com's API

Un-hackable!

Place a sell order for 100000 BTC at 0.01 USD on MtGox
Forward customer's coins to your MtGox deposit address

Near-instant BTC sales without being charged Bit-Pay's commission!

You lost me at that "place a sell order" part. What is that supposed to do? Or is that a joke?

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

On an offline computer, generate thousands of privkey/address pairs
Transfer the addresses to your server
When requesting payment, present a new address to the customer
Verify payment using bitcoind, blockchain.info's API, or blockexplorer.com's API

Un-hackable!

Place a sell order for 100000 BTC at 0.01 USD on MtGox
Forward customer's coins to your MtGox deposit address

Near-instant BTC sales without being charged Bit-Pay's commission!

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

They use nasty Cross Site Scripting which isn't necessarily harmful but it alerts browser security apps like no-script.

FlipPro

legendary

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Quote from: Sage on September 08, 2012, 01:41:03 AM

Thanks for the recommend James. I'll look into it deeper...

Right now our primary objective is to make it as easy and streamlined as possible for website user to pay us in Bitcoin.

... And with a solution that's not easily hacked (yet still streamlined).

It's been about 1.5 years since I looked at what was available. I'm sure there must be plenty of new third party solutions right by now.

I would recommend Bitpay for this. Their track record when it comes to business payment processing is immaculate.

DrFred

newbie

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MtGox can do this too. They have been hacked before, but are supposedly a lot more secure now.

Sage

hero member

Activity: 632

Merit: 500

Thanks for the recommend James. I'll look into it deeper...

Right now our primary objective is to make it as easy and streamlined as possible for website user to pay us in Bitcoin.

... And with a solution that's not easily hacked (yet still streamlined).

It's been about 1.5 years since I looked at what was available. I'm sure there must be plenty of new third party solutions right by now.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: Sage on September 07, 2012, 06:09:07 AM

. . . what is the safest and easiest solutions right now to integrate Bitcoin payments into a Wordpress site?. . .

That really depends on what you are truing to do. It is pretty easy to be very secure if all you want to do is accept donations from everyone to a single address. If you want to be able to automatically send coins to others based on some action they take you really have to be careful or hackers will have your automated system sending all your bitcoin to themselves. There are some reasonably easy steps you can take to stay secure if you expect a low volume and are wanting to receive bitcoin and want each individual to have a unique address to send to.

BadBitcoin (James Sutton)

donator

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this may be obvious, but check out https://bitpay.com/, they are a great payment provider if you don't want to handle with having your own server side bitcoin wallet.

Sage

hero member

Activity: 632

Merit: 500

For someone that knows what they are talking about, please let me know what is the safest and easiest solutions right now to integrate Bitcoin payments into a Wordpress site?

And are there any Bitcoin ecommerce solutions that work for re-occurring payments yet?

Seems the last on we used was shut down do to hacking. Don't want to make those mistakes again. There must be some new secure solutions developed by now.

Any expert insight would be greatly appreciated.

Thanks

Topic: Expert Advice Needed, RE: Best Way to Integrate Bitcoin In Website? (Read 1450 times)