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Topic: New in the forum, I have a project and no idea how to use bitcoins (Read 245 times)

legendary
Activity: 1624
Merit: 2481
As the most bare-bones solution you can just add a BTC public address to your online page and start accepting payments. Of course, there will be a bit of trust issue because after sending in the payment your clients have no ways of canceling the order and they have to trust you not to scam them, but it will probably work out just for the time being.

You always have this 'trust issue' when accepting payments. All BTC transactions are irreversible.

Using a single address for multiple clients is discouraged, because you won't be able to determine from which client you just received the transaction.
A simple - but still effective - way would be to derive a new address for each customer using a master public key.

But you'd still need some way of checking whether you just received the transaction (and the correct amount). While it might be possible to be done by hand, that's extremely time-consuming.
You'd need to automate that, and that's what this thread is about.
jr. member
Activity: 38
Merit: 2
As the most bare-bones solution you can just add a BTC public address to your online page and start accepting payments. Of course, there will be a bit of trust issue because after sending in the payment your clients have no ways of canceling the order and they have to trust you not to scam them, but it will probably work out just for the time being.
legendary
Activity: 3668
Merit: 6382
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What I have to do now That I discovered this new way outside the 'normal' way to pay goods?

(Maybe this is old, however, it may help other newcomers)

There are a few payment processors and programs that allow you "accept Bitcoin" and receive, depending on your needs, Bitcoin or Euro/USD/... (which may be the easiest for taxes).
If you want to receive Bitcoin, you better start with reading about Bitcoin wallets and their safety.
If you want to receive Euro, you simply have to find an established payment processor for this task (bitpay or other).

Two things to keep in mind:
1. Confirmed Bitcoin transactions are irreversible.
2. In order consider a transaction done you have to wait for at very least one confirmation.

Good luck!
legendary
Activity: 2212
Merit: 7064
Hello everybody,
I 'm Sabrina from Italy.
Thanks to my friend I discovered this world. But actually I have to learn a lot of things about bitcoins because it s a new world for me.

I have a project. Artistic t-shirt.. Hand painted with my drawings and sell them online. Also painting etc.

What I have to do now That I discovered this new way outside the 'normal' way to pay goods?

Sorry for the general question. If you have suggestion for me I would be very grateful

Thank you!!!!
Sabrina

Do you want to sell your T-shirts for Bitcoin,
or you want to buy and pay things with Bitcoin yourself?

legendary
Activity: 1624
Merit: 2481
Well, pooya87 already mentioned your two options.

The question is.. do you want to offer your customer the chance to buy your shirts with BTC while you receive euros ?
Or do you want to receive bitcoins and decide for yourself whether / when to sell them ?

It is mandatory to know what kind of currency you want to receive. Any subsequent step depends on this.
legendary
Activity: 3542
Merit: 1965
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It is not clear what you are aiming to do? Do you want to sell your t-shirts online with Bitcoin as a alternative payment option? There are many online Bitcoin services with retail plugins for people to accept Bitcoin payments or you can simply work through third party payment processor services to convert all bitcoins received into fiat for you.  Wink

Italy does not regulate bitcoin use by private individuals, so it is legal for you to proceed with Bitcoin payments.  Wink

Tip : https://www.finder.com/it/how-to-buy-bitcoins
legendary
Activity: 2296
Merit: 2721
the other way is to rely on a third party payment processor which is easy and has the option to receive fiat so that you don't feel the "volatility" but it will cost you fees and you wouldn't receive bitcoin you still receive fiat and will rely on  a centralized service!
If the OP doesnt know anything about bitcoin at all and just wants to provide a way that people can buy shirts with BTC that is definitly the way to go. Fees are not that high afaik and you are not prone to crashing bitcoin prices which may put a small shop in struggle.
hero member
Activity: 1190
Merit: 534
First of all, welcome on board. This is the best place to share and seek knowledge regarding cryptocurrencies and associated topics. I appreciate your art and skills, you can capitalize it in the marketplace section. However, I would advise you about investing your time before investing your money. Read as much as valuable posts so that you can learn further about it. Bitcoin has a global presence so that means, you can sell your products across the globe and accept payment in minutes.
legendary
Activity: 3472
Merit: 10611
well, now you can start accepting bitcoin if you like, as payment for selling your product.

the best way to do this in my opinion is if you accept bitcoin directly and on your own. this is hardest and will expose you to the price volatility that bitcoin has. to do this you need to set up a new functionality in your website (i am assuming you own one where you sell your product) where it generates a new bitcoin address for every customer when they are finalizing their purchase and choose bitcoin as payment method, then wait for its confirmation and then finalize their purchase and start shipping process.
you can also check out the decentralized marketplace such as https://openbazaar.org/

the other way is to rely on a third party payment processor which is easy and has the option to receive fiat so that you don't feel the "volatility" but it will cost you fees and you wouldn't receive bitcoin you still receive fiat and will rely on  a centralized service!

there is a lot more but i don't know how much you already know about bitcoin. for example there are topics such as choosing wallets, security, cold storage, fees, confirmation, double spend, ... that you need to know.
full member
Activity: 924
Merit: 221
You learned first OP prior to integrate your business with bitcoin so as to avoid any technical problems. Thus, you should know also how bitcoin works.

I was having a hard time before knowing about bitcoin and so you should not take it easily especially that you are planning to integrate bitcoin as an option in payment.

Check the bitcoin market price here https://coinmarketcap.com

or here

https://coincodex.com

then see how you will going to adjust the btc payment terms for bitcoin is highly volatile in terms of its market price.
newbie
Activity: 1
Merit: 0
Hello everybody,
I 'm Sabrina from Italy.
Thanks to my friend I discovered this world. But actually I have to learn a lot of things about bitcoins because it s a new world for me.

I have a project. Artistic t-shirt.. Hand painted with my drawings and sell them online. Also painting etc.

What I have to do now That I discovered this new way outside the 'normal' way to pay goods?

Sorry for the general question. If you have suggestion for me I would be very grateful

Thank you!!!!
Sabrina
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