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WordPress.com accepts Bitcoin

en.blog.wordpress.com

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Re: WordPress.com accepts Bitcoin

#3

Post by Pwnguinz »

Munksgaard wrote: post #2

On trying to access bitpay.com I got redirected to this: http://www.homeimprovement.com/bitpay.com/ ? Edit: Aha, the article links to http://https//bitpay.com/ instead of https://bitpay.com Edit2: Aaaand it's fixed. Disregard this post.

https://bitpay.com is working for me.

Re: WordPress.com accepts Bitcoin

#5

Post by [deleted] »

Pwnguinz wrote: post #3
Munksgaard wrote: post #2

On trying to access bitpay.com I got redirected to this: http://www.homeimprovement.com/bitpay.com/ ? Edit: Aha, the article links to http://https//bitpay.com/ instead of https://bitpay.com Edit2: Aaaand it's fixed. Disregard this post.

https://bitpay.com is working for me.

[deleted]

Re: WordPress.com accepts Bitcoin

#6

Post by Steko »

fsiefken wrote: post #4

With Wordpress accepting BTC, Reddit considering it and a complete hardware store http://www.bitcoinstore.com/ bitcoin comes of age, now trading at 11 USD.

Totally come of age. It's been literally months since the top US exchange has been hacked.

Re: WordPress.com accepts Bitcoin

#7

Post by pelle »

BitCoin's price seems to be stabilizing a bit, which means it's less deflationary. This I think is whats starting to encourage people to use it for commerce instead of just holding.

It will be interesting to see what happens to these initiatives next time there is either an upward or downward move in price.

Re: WordPress.com accepts Bitcoin

#8

Post by mtgx »

pelle wrote: post #7

BitCoin's price seems to be stabilizing a bit, which means it's less deflationary. This I think is whats starting to encourage people to use it for commerce instead of just holding. It will be interesting to see what happens to these initiatives next time there is either an upward or downward move in price.

The bigger the economy behind it starts to become, the less it will be affected by speculation-based transactions, too. So in the future I doubt we'll see crashes like the one from $30 to $10 again.

Does anyone know if Paypal gave a reason for blocking Bitcoin? Is it simply because it can be a competitor in the future? Oh well, more market for Coinbase and the others then.

Re: WordPress.com accepts Bitcoin

#9

Post by nowarninglabel »

This is rather exciting, as I've written in the past, the main problem with us not being able to adopt Bitcoin is the legal uncertainty surrounding it. With Wordpress plunging full-steam ahead, that question should get resolved in the next few months.

Re: WordPress.com accepts Bitcoin

#10

Post by cwkoss »

mtgx wrote: post #8
pelle wrote: post #7

BitCoin's price seems to be stabilizing a bit, which means it's less deflationary. This I think is whats starting to encourage people to use it for commerce instead of just holding. It will be interesting to see what happens to these initiatives next time there is either an upward or downward move in price.

The bigger the economy behind it starts to become, the less it will be affected by speculation-based transactions, too. So in the future I doubt we'll see crashes like the one from $30 to $10 again. Does anyone know if Paypal gave a reason for blocking Bitcoin? Is it simply because it can be a competitor in the future? Oh well, more market for Coinbase and the others then.

I think they have a general policy against using PayPal to exchange digital currencies?

The _real_ reason is that lots of scammers used paypal to buy bitcoins, and would then initiate a chargeback. High chargeback rates are painful for payment processors, and lead them to dropping those merchants with the highest rates.

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