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Topic
Board Beginners & Help
Re: Instability
by
WuLabsWuTecH
on 26/04/2013, 04:23:37 UTC
I'll have to look into bitpay.  But why use bitcoin at all if I'm just going to instantly convert into USD?  Might as well use paypal or a conventional payment processor right?

As far as the fact that it was stable up until 2 months ago.  that's great, but it doesn't help me NOW when I'm considering whether to add an option to pay by bitcoin...

Don't forget! Paypal asks what? 10% fee? I believe bitpay is 1%! Also, no tax as far as I am aware! So, thats a huge plus! Only the decreased cost is totally worth it!

Payapl's fees for me average about 5-7% I believe? normal processors charge about 3-4%

But I can justify paying paypal fees since I make sales I otherwise wouldn't have.  So even though i'm paying almost double, some people may not trust me with credit card numbers and I can still make more money by doing this.

With bitcoin though, I don't know if the demand is there...