Quote from: SMTB1963 on July 29, 2012, 07:16:15 AM

First, I know a little accounting. I can say with 100% certainty that your handling of BTC transactions within Quickbooks is entirely correct, and I certainly didn't mean to imply otherwise. What I found humorous was that you happened to represent BTC in your system with Z$ - a currency that was fairly valuable when it was introduced, but was eventually abandoned after hyperinflation made it worthless. I figured your rationale for choosing Z$ as your BTC proxy had nothing to do with the currency's history, I just found it to be an amusing coincidence.

That is great! Both in terms of hearing im doing it right, and the currency joke.

Quote from: EskimoBob on July 29, 2012, 12:07:31 PM

If you wan some business to accept BTC, DO NOT! tell them that BTC is a "blaa blaa new currency" but talk about it as a way to transfer currency for 1/10-100th of a cost thy pay for CC, DC etc payments now. Do you know what 5 USD or EUR card payment will cost to a merchant? Find out and weep!
This "new internet currency" bull shit as to the biggest PR fuck up ever for BTC.

If they get worried about btc-fiat exchange rate, introduce them to a service, that virtually eliminates this risk.
BTC is a low cost and secure way to transfer money with out banks, domestically or internationally.

Real Transaction Example from a sale accepted though paypal:

Total: $27.77 sale

Fees:
Paypal: .91 cents (3.28%)

Example of accepting with bitcoin and cashing out at the same bitcoin value:

Bit-pay: .75 cents (2.69%)

MTgox and Dwolla (I used them before; .6% for mtgox and .25 cents for dwolla: .27 cents (.97%)

To me it seems like mtgox and dwolla offer a compelling reason to accept bitcoins. (If you are willing to play the market a bit, you might be able to cash out such as to wipe out the fees incurred.) EskimoBob, there is another reason to accept them, beyond being cheap(er) money transfer, and thats the marketing aspect. If I am the ONLY place in the world you can buy tea with bitcoins, thats potentially a bit deal.

So the only hurtle I have at this point is easy integration into my shopping cart. This is something that authroize.net and paypal have been very good at...

What I did last time was sell giftcards to our store by hand basically. You would send me bitcoins, and I would send you a giftcard code worth the dollar amount of the bitcoins you sent, in essence acting like an exchange myself.

If I decided to do this again, what services would you all suggest and trust? what is the communities opinion of mtgox right now? Is it to much hassle buying gift cards, then waiting until I am able to check my email and create them in our system? (It would seem having it automated is out of the scope of possibility, I dont have enough technical skill to write plugins for my shopping cart).