Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

WordPress.com accepts Bitcoin

en.blog.wordpress.com

Post reply on HN
Print view View original

21–30 of 129 posts

Re: WordPress.com accepts Bitcoin

#21

Post by javert »

tosh wrote: post #15

Very interesting to see a major brand starting to accept Bitcoin. I guess that's a huge next step. So where are the reliable exchanges right now? Haven't really looked into BTC since the Mt Gox incident. Also http://bitcoin.com/ looks way more accessible and polished compared to last year. What are the major obstacles for mainstream adoption?

> So where are the reliable exchanges right now?

MtGox is a really good exhange.

Bitfloor is also really good and seems to be run by great people (plus it's located in NYC instead of Japan, which I think is nice), but you have to be willing to forgive them for a security breach in the recent past. (Never leave large amount of BTC in an exchange.)

CampBX is another good option, they are located in Atlanta, GA.

Sorry if I've left out anyone's pet exchange.

A (generally) better way to acquire bitcoins for spending (as opposed to speculation/wealth storage) is to use bitinstant. You can literally buy bitcoins at Wal-Mart and CVS (which are super ubiquitous where I'm from) using bitinstant.

edit: apparently you can also buy them using coinbase (a YC company). I didn't realize you could do that until someone else mentioned it, since they advertise themselves as a hosted bitcoin wallet.

Re: WordPress.com accepts Bitcoin

#22

Post by javert »

Groxx wrote: post #20

Wow, that's big news. Now they just need a client that doesn't take days to download the block chain :| Seriously, I wonder if one of the bigger barriers to bitcoin adoption is the lame official application.

This is being worked on, but I don't know the details.

However, for just spending coin, it's easier to use a hosted wallet like coinbase.com (a YC company).

You don't need to run an actual bitcoin node yourself unless you're doing something beyond just using bitcoin for spending. (e.g. holding large sums for long periods of time, mining, building some service, etc.)

Re: WordPress.com accepts Bitcoin

#23

Post by Breakthrough »

Muhuhahaha (evil laugh), and my parents thought I was crazy when I told them there was a new digital currency you kept in files, that had no inflation, was (almost) completely anonymous, and - get this - that it was real and traded on actual markets. When I started talking about Bitcoin mining, that was when they seriously thought I was going off the deep end. And really, most non-tech-savvy people would think the idea was crazy.

Crazy enough that it's genius.

I smile a little every time I see "Bitcoin Now Accepted Here". I personally don't use them, but the ideology behind the currency is fascinating and remarkable. Not to mention the credibility WordPress gives it (and hopefully soon, Reddit...).

Re: WordPress.com accepts Bitcoin

#24

Post by mvleming »

javert wrote: post #17
nowarninglabel wrote: post #9

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.

> as I've written in the past link?

I'd like to know as well. And for that matter, is there any interesting material out there that talks about Bitcoin?

Re: WordPress.com accepts Bitcoin

#25

Post by javert »

Breakthrough wrote: post #23

Muhuhahaha ( evil laugh ), and my parents thought I was crazy when I told them there was a new digital currency you kept in files, that had no inflation, was (almost) completely anonymous, and - get this - that it was real and traded on actual markets. When I started talking about Bitcoin mining, that was when they seriously thought I was going off the deep end. And really, most non-tech-savvy people would think the…

ideology behind the currency is fascinating and remarkable

I'm going to take the liberty to nit pick.

There isn't any ideology behind bitcoin. It's just a protocol.

Among existing serious bitcoin users, there's a pretty diverse range of political opinions (some of which I find pretty distasteful), plus disagreement on the actual merits and potential demerits of bitcoin.

Re: WordPress.com accepts Bitcoin

#26

Post by StavrosK »

javert wrote: post #21
tosh wrote: post #15

Very interesting to see a major brand starting to accept Bitcoin. I guess that's a huge next step. So where are the reliable exchanges right now? Haven't really looked into BTC since the Mt Gox incident. Also http://bitcoin.com/ looks way more accessible and polished compared to last year. What are the major obstacles for mainstream adoption?

> So where are the reliable exchanges right now? MtGox is a really good exhange. Bitfloor is also really good and seems to be run by great people (plus it's located in NYC instead of Japan, which I think is nice), but you have to be willing to forgive them for a security breach in the recent past. (Never leave large amount of BTC in an exchange.) CampBX is another good option, they are located in Atlanta, GA. Sorry i…

Is there a relationship between coinbase and blockchain.info? Even their websites look very similar.

Re: WordPress.com accepts Bitcoin

#27

Post by Steko »

javert wrote: post #21
tosh wrote: post #15

Very interesting to see a major brand starting to accept Bitcoin. I guess that's a huge next step. So where are the reliable exchanges right now? Haven't really looked into BTC since the Mt Gox incident. Also http://bitcoin.com/ looks way more accessible and polished compared to last year. What are the major obstacles for mainstream adoption?

> So where are the reliable exchanges right now? MtGox is a really good exhange. Bitfloor is also really good and seems to be run by great people (plus it's located in NYC instead of Japan, which I think is nice), but you have to be willing to forgive them for a security breach in the recent past. (Never leave large amount of BTC in an exchange.) CampBX is another good option, they are located in Atlanta, GA. Sorry i…

>> So where are the reliable exchanges right now?

> MtGox ...

> Bitfloor ...

If this is the first two you come up with I'm guessing none of them are reliable.

Re: WordPress.com accepts Bitcoin

#28

Post by javert »

StavrosK wrote: post #26
javert wrote: post #21

Earlier quoted context omitted.

> So where are the reliable exchanges right now? MtGox is a really good exhange. Bitfloor is also really good and seems to be run by great people (plus it's located in NYC instead of Japan, which I think is nice), but you have to be willing to forgive them for a security breach in the recent past. (Never leave large amount of BTC in an exchange.) CampBX is another good option, they are located in Atlanta, GA. Sorry i…

Is there a relationship between coinbase and blockchain.info? Even their websites look very similar.

No relationship. They look similar because they both use an open source web gui tookit called Bootstrap.

http://twitter.github.com/bootstrap/

Re: WordPress.com accepts Bitcoin

#29

Post by javert »

Steko wrote: post #27
javert wrote: post #21

Earlier quoted context omitted.

> So where are the reliable exchanges right now? MtGox is a really good exhange. Bitfloor is also really good and seems to be run by great people (plus it's located in NYC instead of Japan, which I think is nice), but you have to be willing to forgive them for a security breach in the recent past. (Never leave large amount of BTC in an exchange.) CampBX is another good option, they are located in Atlanta, GA. Sorry i…

>> So where are the reliable exchanges right now? > MtGox ... > Bitfloor ... If this is the first two you come up with I'm guessing none of them are reliable.

AFAIK CampBX has never had any issues whatsoever, but I actually would prefer an exchange that has had issues and worked them out in a professional manner in the past.

Anyway, all bitcoin exchanges are perfectly reliable for exchanging. Where they have had problems in the past is when people use them as a bank. Don't leave your fiat currency or coin there. Do your exchanging and then take your money out.

Re: WordPress.com accepts Bitcoin

#30

Post by wmf »

javert wrote: post #25
Breakthrough wrote: post #23

Muhuhahaha ( evil laugh ), and my parents thought I was crazy when I told them there was a new digital currency you kept in files, that had no inflation, was (almost) completely anonymous, and - get this - that it was real and traded on actual markets. When I started talking about Bitcoin mining, that was when they seriously thought I was going off the deep end. And really, most non-tech-savvy people would think the…

ideology behind the currency is fascinating and remarkable I'm going to take the liberty to nit pick. There isn't any ideology behind bitcoin. It's just a protocol. Among existing serious bitcoin users, there's a pretty diverse range of political opinions (some of which I find pretty distasteful), plus disagreement on the actual merits and potential demerits of bitcoin.

Bitcoin does have a particular monetary policy coded into it, which can be seen as an ideology.
Post reply on HN