That's great news! And the bitfloor hacker thanks you for your order. 

I actually just eat at the Denny's that Walt was in at the start of this season about an hour ago. Its funny that in the show that Denny's is supposed to be in some other place, because its very recognizable as being in Albuquerque.

We really dont have that much meth in Albuquerque, and not nearly that many gang members! Also I have never seen a tented house in New Mexico! They did get a few things right though, lots of people do refer to the area as "the 505". I do enjoy the show though.

I did not make that form required, But I figured it would just be another bit of information that might be helpful. But in most cases I can use time and value to figure it out.

In your case the wallet ID you put in matched the one that I received the bitcoins from.

As you say I would have to get two orders at the same time with the same value to be confused, and if that happened, it would not really matter who's was who's anyway!

Thanks for your order... I even got a text message from blockchain.info saying I got the payment.

I think the new method for hacking is this whole social engineering attack... hack into twitter or facebook, get access to my gmail, then lastpass, then find wallet password... But I have the advantage of not being a big target, so its unlikely someone would go to all that trouble!

I am really liking blockchain, I created two wallets, one for online transactions, and one for instore transaction. Downloaded the ipad app, and have it autobackup both to email and dropbox. Password is a 15 character generated password from lastpass.

Wish I knew about them before. But we are back in business accepting coin!

So it is a hosted wallet? Yes that would work. Ill look into it, thanks!

PS...
So it is more secure then the exchanges because they themselves dont have access? The only way for a hacker to get my bitcoins would be to hack my account specifically?

Its not only a matter of skill, I had a wallet a year and a half ago when I was first checking it out... Its a matter of what I want to spend my time on... even the online exchanges are a pain to deal with compared to just accepting a credit card. I have no desire to spend time keeping track of some file.

If bit-floor comes back online, I think the only answer is to just sell every bit-coin as soon as I get it. The issue with doing that is that it really ups the cost of accepting bit-coins, as there will be higher percentage of fees if im doing lots of little withdrawals.



I think the fact that it has not been a priority is because security is hard. Think how much money banks spend on security... And even with all that, the money is FDIC insured, just incase. Lots of people in the bitcoin community like to bad mouth the banking industry, credit card companies, and the dollar... But could you imagine if those things were run like bitcoin?! The world would fall apart.

EDIT:
I want to add something somewhat positive... this time we are in as it relates to bitcoins is really like the wild west. The bandits come in and rob the train because the people who run the train dont know any better. Overtime things will improve. But again, because this is all just a game, not a necessity (what choice did people have in 1850), who knows if people will care enough to fix the system before it crashes one last time.

Yes, I was using bitfloor, and I had not cashed out any of the sales yet. In fact I had more orders then I knew I had because my staff just fills them as normal, (I go in after the fact to do all the bitcoin accounting stuff), and I had not checked it in a few weeks.

Its funny now... rereading about how unlikely it would be for bit-coin to drop in value by half... well my bit coins dropped in value by 100%.

I just lost a few hundred dollars, so its not the end of the world, but it has left a bad taste. I am never going to maintain my own wallet, and do all that stuff by hand, and every exchange has been hacked... not sure whats left to do?

Hopefully bitfloor will come back online!



Jasmine:
Similar quality cheaper price: http://www.nmteaco.com/Jasmine-Moli_p_168.html
A similar price, but a better tea:  http://www.nmteaco.com/Jasmine-Pearls_p_169.html

We have never shipped to austraila before. But we do ship pretty regularly to New Zealand, the UK, and the ukraine (oddly enough).

Anyway, if there was some problem, you would not be responsible. Its not good business to charge people money for things they don't get!

Keep in mind to that there is no economy for bit-coins... I can not buy my products from my suppliers with bit-coin, I can not pay rent with bit-coin, I can not pay the power company with bit-coin...

So if the dollar goes down or up in value, it is reflected in the economy of the dollar. In 30 years a dollar will buy less tea, but our customers will also make more as a salary. And while I will make more per pound of tea sold, it will also cost me more to buy.

The reason that the volatility in bit-coin is such an issue for a business person is that we have to exchange them out, since there is no economy in bit coins. I would not care if the value of bitcoins dropped by half if my bills where also dropping in half (because I could pay them in bitcoin.)

People cant start thinking in bit-coins, (without doing the conversion in their heads to their local currency with every transaction) until there is an economy.

-David

PS... just an update for people curious, we have had about 5 transactions with bitcoins, it seems to be working well, thanks for inspiring me to start it up again!

I could not figure out how to make the mt. gox checkout button dynamic... When creating the button you have to put in a value... even if you change that value in the code they give you, once the customer clicks the button and goes to mtgox site the original amount shows back up again. This makes the button useless for shopping carts with different values at checkout.

So was mine...


Also the transaction went through! Thanks to Chris Koss for taking the plunge and being the first person to try the new system!

I for one welcome our new grammatically correct (I mean incorrect, no wait... correct) topic overlords... 

Thanks for placing the order, and helping me test out the system. It has not come into bitfloor yet... how long do these things usually take?

I have registered for their service, I will contact them... but I was trying to get something that works now, so people could at least check out.

I would guess even if they agree to write a plugin for free (Bitpay wants $600), its not going to be done this afternoon!

I appreciate everyone's input on this... However I do not have the technical skill to work with an API.

Bitpay and the like do not have plugins for 3dcart (the cart I use). However I think I developed a solution that will work until a plugin is developed.

Great! and since you can change a url with java-script, i can dynamically put in the price in dollars!

You can now use bitcoins to checkout on our site....

It is not an ideal solution at all, I have to set the exchange rate by hand every day in the code of the checkout page (I could not figure out how to pull the current price from another domain with javascript)... and everyone who orders will be sending their bitcoins to the same address... which in the other thread I was told could lead to fraud.

However I think people looking to cheat the system are not going to be spending their energy trying to get free tea. Also this is just a stop gap measure until a plugin for my cart is available.

So... just use the shopping cart as normal and when you get to the payment page select bitcoin as the payment method and you will be given instructions on the address to send the payment.

-David

(It would be nice if someone tests out the system.... if you want your bitcoins returned instead of the order just write that in the comments box (i think bitfloor might keep some of it) )

Perfect... I will implement this now and test it out.

None of them support my shopping cart.