There are some existing sources of information for merchants wishing to use Ripple:
Brief introduction and overview of Ripple for merchants
Merchant's section/pages on the Ripple wiki
If you are looking for something pre-implemented and easy to add to an existing automated web commerce check-out page, there isn't much available along those lines at the ...
because they most likely generated a new address for you to send your payment to. Since you're the only one that was given that address, when the payment comes in for that address, they know it was you that paid it.
Some companies who have left cited privacy and security related concerns as their primary reason. It is therefore not surprising that some who have left the largest (and arguably most highly regulated) Bitcoin payment processors (Coinbase and BitPay) have chosen to remain anonymous:
Creating a new address for every transaction (not just every single client) will allow you to maximize your payment tracking capabilities.
In case you have a single address for all of your payments it's really hard to track who sent you what. This will start changing from 0.9 on, but for now we have to stick to what is already implemented.
Having one ...
There used to be a service by coinvoice.com that did exactly what you're asking. Unfortunately, they're no longer operating. I've heard bitpagos.com does that for Latin America. Otherwise, you're looking at setting up something with coinbase or bitpay to transfer fiat right away for bitcoins.
Best of luck with your business!
Regarding this question, its probably worthwhile to check out Bittunes. The company was started in May 2013 with the mission to enable the monetization of file sharing with Bitcoin. The significance of this is that it is not about just using Bitcoin as a way to buy music, but actually incentivising buys (fans) to serve as a new kind of distribution channel ...
There are new merchant tools available like Bitpay which basically convert bitcoins to USD onspot at the current price. It prevents merchants from taking any risk and it locks down the price for 15 minutes.
Until Bitcoin stabilizes sufficiently, prices will be listed in local currency and be payable in an equivalent amount of Bitcoin, or if prices will be listed in Bitcoin, this price will have to be constantly updated.
I.e. price would be listed in USD and the amount of XBT due would be calculated just before the bill.
QuantumQrack: the answer is no, it's supporting the "payment protocol", which is a way of attaching some extra data to a transaction, such as a refund address. however, the refund is still up to the merchant to agree to give you; once you've given money to the merchant, you can't take it back without them giving it back to you.
Asked in #bitcoin on freenode....
Why should it increase the checkout time? In such a situation, the QR code would normally be displayed on a computer or tablet screen, not printed on paper, so a new one can easily be displayed for each customer. Generating a new Bitcoin address doesn't take much time - a few milliseconds, maybe - and can be incorporated into the merchant's point-of-sale ...
I'd say it was the selling of dice gamling site SatoshiDice in 2013, according to the former owner it was sold for 126,315 BTC which was equivalent to ~$11,5 Million at that time.
More details can be found here:
Bitcoin is focused on assuring that the payment is legit. It doesn't help at all with the payer.
Waiting for confirmations gives you very strong assurance that the payment is genuine and final, and that neither the payer nor any outside authority can do anything to reverse it. The money is yours, full stop. There are no chargebacks.
However, you don't ...
The effort to successfully pull off a double-spend is disproportionate to the cost of paying for a couple cups of coffee. Not only is the window smaller than 10 minutes, but when the double spend actually works, you might not be able to go back to that coffee shop. ;)
Therefore, the risk of accepting such a small transaction with zero confirmations is ...
Depends on their infrastructure. If they use an intermediary (like bitpay or something) it will be instantaneus, since bitpay is the one that takes the risk for double spends and accepts payment fast.
In case they have their own infrastructure, it may depend on what they do, if they accept one confirmation for the payment it may not take much otherwise it ...
Suppose you go with just using one address. Now suppose there comes a day when two different customers make reservations that have the same price. But you only get one payment to your address. Both customers claim to have paid. What will you do?
The main considerations are going to be:
taxation records to keep out of trouble further down the road
DIY-hosted wallet will require a top-notch security team/protocol. The hot wallet will be targeted if word gets out you've asked on here for example then opened a casino because that makes an easy mark to hit.
Knowledge of the Bitcoin protocol and ...
Integrating your casino with a 3rd party payments processor translates to much easier bootstrapping for your casino but also higher operating costs. Higher operating costs in turn means that your are by definition less competitive, as you will not be able to provide your users with a smaller over-round and also you won't be able to control the deposit and ...
There are so many places A quick google search will yield many results But other than the main list on the wiki i think the following directories seemed pretty populated.
Online & Real Business
Games & Gambling
Real World Shops map overlay
Donation Accepting Sites
75 Places to Spend ...
Estrella (Humble Bundle) Jun 23, 15:46
Thanks for writing in to Humble Bundle Support!
Unfortunately, Bitcoin has been disabled for the Humble Borderlands
Bundle. The individual payment options made available for a given
bundle are determined when we finalize contracts with our development
partners. In this case, it ...
Your question might be out of context here (in 3 years, how many people will be interested in an answer, given that things change so fast in this space?).
Having said that, it all depends where you're at. Some, but not all, exchanges will let deposits flow into your account if you properly explain to them the nature of your business, why do you want ...
There are a number of applications. Bitcoin is e.g. used for
donations, e.g. Khan Academy
online-shops for digital goods, e.g. vpn, web hosting, mail servers, mp3s, computer games
mail-order companies, e.g. Overstock
booking flights and hotels, e.g. on Expedia
brick and mortar stores
You can find a more complete overview on the question Where ...
First, Electrum relies on Electrum servers, which are essentially a third party SaaS for SPV proofs. It's a fine thing to use for most people and as long as you aren't concerned that the server may compromise your privacy, you should be fine. But that said, you can say that about any SaaS service, so Electrum is probably not the solution you're looking for.
Looking at the community created webpage: https://acceptbitcoin.cash/
If you are looking at the percentage of merchants who previously accepted Bitcoin, that now also accept Bitcoin Cash, there is a statement that says that 131 out of 1053 websites listed support Bitcoin Cash.
Because he can sell the bitcoin for dollars. And in many cases, his alternative would be to accept a credit card payment which costs him around 2%. Converting bitcoins to dollars costs around 0.2% -- one tenth as much. Also, if he accepts a credit card payment, he has to worry about a chargeback (where you claim the payment was unauthorized and the bank ...