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Topic: wordpress removes bitcoin payment option - page 4. (Read 5336 times)

hero member
Activity: 672
Merit: 503
February 23, 2015, 01:23:24 PM
#45
Typical bandwaggon jumpers. When the price goes to 1k+ again they will put it again. Bitcoin naysayers have no notions.
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 23, 2015, 01:25:23 PM
#45
We need to encourage use of Bitcoin not just trade or hoard. All of us should use Bitcoin everywhere we can instead of fiat and that would most possibly speed up bitcoin race to becoming mainstream payment processor. If wordpress had lot of bitcoin income they would not remove that option.

No.  What you should do is convince others to buy Bitcoin.
If each one of us just convinced two people (friends/family/unattended children) to buy Bitcoin, the price would skyrocket because math.

Lamby encouraging people to buy Bitcoin?!!?    Shocked

Now I've seen it all here in Bitcointalk...
sr. member
Activity: 378
Merit: 254
February 23, 2015, 01:09:52 PM
#44
We need to encourage use of Bitcoin not just trade or hoard. All of us should use Bitcoin everywhere we can instead of fiat and that would most possibly speed up bitcoin race to becoming mainstream payment processor. If wordpress had lot of bitcoin income they would not remove that option.

No.  What you should do is convince others to buy Bitcoin.
If each one of us just convinced two people (friends/family/unattended children) to buy Bitcoin, the price would skyrocket because math.
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
February 23, 2015, 01:00:51 PM
#43
We need to encourage use of Bitcoin not just trade or hoard. All of us should use Bitcoin everywhere we can instead of fiat and that would most possibly speed up bitcoin race to becoming mainstream payment processor. If wordpress had lot of bitcoin income they would not remove that option.
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 23, 2015, 12:58:02 PM
#42
Bitcoin and Crypto in general is still a very experimental unproven currency and payment option.

BS. It's very well tested and proven.

How so?  I want Bitcoin to succeed as much as the next person, but it's not quite on the same playing field as fiat or the credit card companies as a payment methods.

Bitcoin is nowhere near as fast as fiat or credit/debit cards for microtransactions, and for larger payments...well you have the wait for those confirmation times.  I know credit/debit cards fully process in a few days, and there's always for chargebacks etc.  That said, Bitcoin just isn't that fast as them when it comes to point of sale.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 23, 2015, 12:57:30 PM
#41
BS. It's very well tested and proven.

But not currently that "useful" as a payment option (not so easy for people to obtain BTC for a start and then if they spend them they have the problem of irreversible transactions).

The technology works (no-one is doubting that) but at this stage it doesn't really have any advantage to the average person from using a debit card (and in fact is probably much harder to use and more likely that they will lose money to scammers).
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
February 23, 2015, 12:48:29 PM
#40
Bitcoin and Crypto in general is still a very experimental unproven currency and payment option.

BS. It's very well tested and proven.
legendary
Activity: 2436
Merit: 1561
February 23, 2015, 12:30:23 PM
#39
I don't understand how having the option to pay in bitcoin will do them any harm. Sometimes when I pay for things I see plenty of methods to choose from which I've never heard of but usually just go for the PayPal option (uggh). I would love to pay with bitcoin but PP is the easiest thing currently but now people wont even have the option to pay in btc and will likely lose them business from bitcoiners.

It is simple psychology - if you have 100 options for a meal then the average person is going to take a longer longer to decide then if you have say 2 options.

Each second of indecision is likely to be a "lost sale" (i.e. moved on to another website).


Agree, but if 'distraction' was the reason, it would make much more sense to 'hide' bitcoin payment option, instead of removing it completely (unless they had absolutely no BTC sales). This way someone who is keen on paying in BTC would still have this option, and the rest won't be distracted.

Mozilla had such problem with their Bitcoin donation button, it's presence simply reduced the overall donation amount. Sounds strange at first but makes sense after reading analysis + explanation here:

https://fundraising.mozilla.org/bitcoin-donations-to-mozilla-17-days-in/
hero member
Activity: 976
Merit: 575
Cryptophile at large
February 23, 2015, 12:30:02 PM
#38
I've just created an order with bitcoin.

It didn't remove bitcoin.

Ps: probably the news site tried to buy only the 2 weeks free upgrade package. (which requires credit card).



So is this false or not? The article seems to mentioned they removed a blog post about bitcoin or something.

We are not all americans citizens that confusing with everything

Actually the studies about UI complexity were not limited to US citizens (on average they aren't dumber than most other people despite what many people might think).

Regardless of whatever nationality the studies are done it still proves that people are morons.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 23, 2015, 12:29:30 PM
#37
The problem is people are too busy hoarding btc than spending it.

And you should ask "why is that?".

The reason is that currently BTC is a great "store of value" and also a great method for "remittance" but it isn't really a better "way of spending" at this stage at all.

hero member
Activity: 630
Merit: 500
February 23, 2015, 12:24:47 PM
#36
The problem is people are too busy hoarding btc than spending it. The removal of the payment option was probably from the lack of use, as more people use bitcoin I'm sure there will be a lot more sites/services accepting it.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 23, 2015, 12:12:18 PM
#35
I really cant understand how a legendary member of that forum is so stuck in the past and in old payment systems. this is really confusing Tongue
You can really continue using your old loved payment system. Is like my grandmother continue to use only paper money for all his trading.

I am not "stuck in the past" at all (if I was then why I would I have spent over 200 days of my time on this forum?).

All I am trying to point out is some "realities" that I think are often being overlooked in the enthusiasm for what I do think is an incredibly major new technology (but whose purpose at this stage is IMO not well suited to normal payments at all).
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
February 23, 2015, 12:07:40 PM
#34
for "safer" than debit card ask the ppl that lost about 190 annual billion dollar in that payments

http://www.forbes.com/sites/haydnshaughnessy/2011/03/24/solving-the-190-billion-annual-fraud-scam-more-on-jumio/

Sure you aren't confusing debit cards with credit cards (there is a big difference)?

You cant expect to be safer with old payment system in a new tech era. And paypal, debit card, apple pay etc is from the last century and from not a tech era. The future of payments is in blockchain and to digital crypto.

The current payment systems offer chargebacks which although *hated* by vendors are *loved* by customers (and so are not going to disappear).


I really cant understand how a legendary member of that forum is so stuck in the past and in old payment systems. this is really confusing Tongue
You can really continue using your old loved payment system. Is like my grandmother continue to use only paper money for all her trading.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 23, 2015, 12:04:39 PM
#33
for "safer" than debit card ask the ppl that lost about 190 annual billion dollar in that payments

http://www.forbes.com/sites/haydnshaughnessy/2011/03/24/solving-the-190-billion-annual-fraud-scam-more-on-jumio/

Sure you aren't confusing debit cards with credit cards (there is a big difference)?

You cant expect to be safer with old payment system in a new tech era. And paypal, debit card, apple pay etc is from the last century and from not a tech era. The future of payments is in blockchain and to digital crypto.

The current payment systems offer chargebacks which although *hated* by vendors are *loved* by customers (and so are not going to disappear).

I find it odd that Bitcoin supporters think it so great that they can end up sending funds that can never be returned to them as though that is actually of some major benefit to them (I simply don't think most people are ever going to see this benefit).
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
February 23, 2015, 12:01:23 PM
#32
We are not all americans citizens that confusing with everything

Actually the studies about UI complexity were not limited to US citizens (on average they aren't dumber than most other people).

Bitcoin is a great payment option with fast clean transactions better and safer than any paypal debit card system.

I am not sure why you'd say "better" or "safer" in fact - debit cards are actually generally the best method of payment you can use today (although I wouldn't recommend using PayPal as that just adds fees).


for "safer" than debit card ask the ppl that lost about 190 annual billion dollar in that payments

http://www.forbes.com/sites/haydnshaughnessy/2011/03/24/solving-the-190-billion-annual-fraud-scam-more-on-jumio/

You cant expect to be safer with old payment system in a new tech era. And paypal, debit card, apple pay etc is from the last century and from not a tech era. The future of payments is in blockchain and to digital crypto.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
February 23, 2015, 11:58:09 AM
#31
We are not all americans citizens that confusing with everything

Actually the studies about UI complexity were not limited to US citizens (on average they aren't dumber than most other people despite what many people might think).

Bitcoin is a great payment option with fast clean transactions better and safer than any paypal debit card system.

I am not sure why you'd say "better" or "safer" in fact - debit cards are actually generally the best method of payment you can use today (although I wouldn't recommend using PayPal as that just adds fees).
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
February 23, 2015, 11:55:15 AM
#30
There is no official report about this. Bitpay continue to has wordpress as pattern. And yes there is always good option to have more payment options. Is not confusing at all if you have create a clean gui. With the same opinion we must drop all the payments and keep only one like paypal or credit card to not "confusing people''
We are not all americans citizens that confusing with everything
Bitcoin is a great payment option with fast clean transactions better and safer than any paypal debit card system.
hero member
Activity: 490
Merit: 500
February 23, 2015, 11:54:22 AM
#29
That really sucks - have they issued any statement on why btc is no longer accepted?
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
February 23, 2015, 11:48:40 AM
#28
I've just created an order with bitcoin.

It didn't remove bitcoin.

Ps: probably the news site tried to buy only the 2 weeks free upgrade package. (which requires credit card).

legendary
Activity: 2632
Merit: 1094
February 23, 2015, 11:47:52 AM
#27
That is very bad!
We want more people to accept bitcoins not to stop them Sad

Really in fact if all websites stop using bitcoins, the demand will go down and so will the price. I don't know why I am getting scared about the future of bitcoins.
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