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8 votes
Accepted

What percentage of merchant Bitcoin receipts are immediately converted into fiat?

The last stats Bitpay published were in December, 2014, so it may be somewhat out of date. They said that 10% of the merchants keep settle entirely in Bitcoin, 41% of the merchants keep a part of ...
7 votes
Accepted

What wallets are affected by the NPM package vulnerability?

Only Copay is affected by this vulnerability. Although the package was included by many, many projects (both within and outside the crypto space), the attack payload was encrypted, and used the ...
  • 16.7k
6 votes
Accepted

Direct Deposit From Employer To BitPay?

I am not aware of BitPay providing that service. The most well known company that specializes in what you describe is BitWage: https://www.bitwage.com/ Maybe that is what your friend meant since ...
  • 396
5 votes

How to accept payments with Blockchain in PHP

Since you say "sort of a BitPay system", I assume you don't want to use BitPay. You can start with dissecting some of the work people have done in the space on repositories such as bitwasp or bitcoin-...
  • 161
4 votes

Help recovering BitPay wallet Reward!

What can I do? You could find tools that automate the trying of various combinations of seed-words. Some are mentioned in similar questions here. For example btctools, btcrecover. Use them or adapt ...
3 votes

I sent bitcoin to someone and did not get paid

Does Bitcoin have a function that would allow the BTC you sent to be returned, No. The only way to get the BTC back is if the recipient makes a new transaction sending the Bitcoin to your receiving ...
  • 3,186
3 votes

How does bitcore-node get its data?

A Bitcoin blockchain indexing and query service. Intended to be used with as a Bitcoin full node or in conjunction with a Bitcoin full node. From the first line of the README. It’s an out of date ...
  • 15.2k
3 votes

Help me please, restore a deleted Bitcoin Wallet

If you have made a backup of the seed words given by the original wallet, you should be able to simply restore them. If you do not have a backup, your only hope is to immediately turn off the device ...
  • 16.7k
2 votes

What happens if a TX was a double spend?

The appearance of a double-spend on the network throws the status of the earlier payment into doubt. The doubt is only resolved when one of the payments is confirmed. As always, the more ...
2 votes

Should I use bitpay?

Electrum (https://electrum.org) is a good choice if you wish to store your bitcoin locally on your PC. Supports things like hardware wallets, multiple wallets, seed (longish string of words) to ...
2 votes
Accepted

How do I transfer bitpay wallet from one machine to another (PC or oth. type of device)

Found it. There are 3 ways to do that in bitpay. Export by scanning the QR code that can be found in: Settings > "Wallet name" > More options > Export wallet Export to file w/ password. ...
2 votes

How does BitPay detect unconfirmed transactions so quickly?

That is feature of Bitcoin node network. When your client sends your transaction to network, every node is also sending your transaction to every other connected nodes. In about 5 seconds it is ...
2 votes
Accepted

BitPay / Copay's Weird Bitcoin Cash Address Format

The previous answer, while correct, is outdated. While BitPay did use a proprietary format early on, we quickly adopted the CashAddr format for Bitcoin Cash/BCH transactions. Example: bitcoincash:...
2 votes

BitPay / Copay's Weird Bitcoin Cash Address Format

It's a new address format for Bitcoin Cash proposed by BitPay, to prevent BTC/BCC address confusion. It's not widely used, currently. The old addresses that start with 1 (P2PKH) are converted to ...
  • 9,969
2 votes

How do Bitpay invoices hide the Bitcoin address to pay to? I want to pay with another wallet.

Bitpay uses the BIP 70 Payment Protocol. This protocol does not use addresses, which is why they are able to now show an address. Rather, the Bitcoin URI that you are given (either you scanned it with ...
  • 65k
2 votes

How to accept Bitcoin payments using Bitpay and Electrum for a business

Bitpay is easy to use but certainly has many limitations at least on the merchant side. In my country it has even suspended the bitcoin settlement service altogether. If your company is interested in ...
2 votes
Accepted

How to accept Bitcoin payments using Bitpay and Electrum for a business

BitPay is literally the worst choice you can make for Bitcoin payment processing. BitPay routinely requires your paying users to provide sensitive document scans even for the smallest amounts like $10 ...
1 vote

Bitpay unused address - has balance

Bitpay/Copay use Hierarchical Deterministic wallets so you can find all the adresses that has been generated from your root private key (seed recovery phrase) Here is a guide with more information: ...
  • 2,483
1 vote

Bitpay xPrivKey to private key

xPrivKey is a BIP32 extended key. This can be used to derive child addresses. importprivkey expects a WIF Wallet Import Format. In order to convert to from the extended to compressed format, all you ...
  • 7,210
1 vote

Run insight in VPS

Bitcore is based on Bitcoin Core and must download the entire blockchain. Furthermore, it builds more indexes than Bitcoin Core does, so it will require more computing power and disk space than ...
  • 65k
1 vote

How do payment processors like bitpay work?

They generate a private key and an address corresponding to that private key everytime you see BitPay's payment page (even if you don't pay they keep the private key and that private key is generated ...
  • 9,969
1 vote
Accepted

How to send bitcoin programatically using API? Bitcoin Transaction. (Without Setting Node)

From C#, I would use NBitcoin to generate raw transaction and push it to some API provider. This eliminates the need of setting up full node.
1 vote
Accepted

Bitcoin explorers don't show my addresses transactions

Check that this is the actual address that you used to receive the Bitcoin in the past. The default behavior for wallets is to generate a new address each time you want to receive funds. This means ...
  • 188
1 vote

How to query sender address from copay?

copay didn't provide this information for the transaction. It can be retrieved from other APIs.
  • 121
1 vote

Bitcore-wallet-client "Server response could not be verified"

The problem was that I was creating the transaction proposal and publishing it, after that I used the result from createTxProposal and passed it to signTxProposal. turns out that the txProposal ...
1 vote

Unable to transfer Bitcoin to USD

There is no link between a BitPay business account and a BitPay wallet. If you gave an individual a receiving address belonging to your wallet, then you should see the bitcoin arrive directly to your ...
1 vote

Bitcoin not received!

My bitcoin is received but there was just a one day delay.
  • 11
1 vote

How to recover my Copay wallet using the 12 word seed phrase

Are you using the Import option when you try to recover the wallet? This issue looks similar to what you're experiencing: https://github.com/bitpay/copay/issues/7399
1 vote

Importing Electrum backup into Bitpay?

Unfortunately, this is not possible, unless Bitpay allows you to import individual private keys, which, AFAIK, they don't. Almost no wallets use the same wallet file format. They are generally ...
  • 65k

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