Post
Topic
Board Bitcoin Discussion
Re: One Month of Accepting Bitcoin for Payment
by
ilovealtcoins
on 11/12/2022, 23:39:15 UTC
@OP I am curious about your sales and acceptance of Bitcoin, I wanted to ask if there is a chance where you experience problems accepting Bitcoin as payment.  Like the length of confirmation when the buyer set the transaction fee too low for the transaction to be picked up and confirmed.  How do you release the item?  Do you release it after the BTC payment have enough confirmation or do you release the item right after the customer paid for it(not waiting for the confirmtion)?  How long do you usually release your item, does this bother your customer if it is taking too long for the item to be released?(if ever the confirmation took too long to be confirmed)

Very good question, hope OP will answer your question, will be curious if they install low fees and the transaction hangs, will he still release the item?. I once had a case where it took 3 days for a transaction to be confirmed due to accidentally setting low transaction fees to save costs. That's one of the downsides of bitcoin compared to fiat.