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Re: Every Online Merchant Should Accept BTC
by
grifferz
on 17/02/2014, 19:20:43 UTC
Usually online merchant which do Digital trade only will use bitcoin , if i am selling cloth i will be taking cash

Why? Once the bitcoin payment has confirmed it can't be reversed. Shouldn't take long to get one confirm.

If you're selling a $10k dress for the Oscars, maybe you want to wait a few more minutes for a couple more confirms. Smiley

Yes, in BTC no automatic transaction but i believe more merchant will accept BTC.  More confirm for more secure transaction.

Perfectly possible to have an automated payment system that waits for any number of confirmations the vendor desires. I do.