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Hosting Discussion > Web Hosting Forums > VPS, Dedicated & Colocation Hosting > What are the pros and cons of accepting Bitcoin for payment?
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  Post #31 (permalink)   07-25-2016, 11:43 AM
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Accepting payments via Bitcoins you will attract bad guys who make dirty work from your server and this is the last hing you want!
Further more bitcoin is quite unstable!
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  Post #32 (permalink)   07-26-2016, 04:51 PM
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We are considering it. You never know how the price will go.
 
 
 


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  Post #33 (permalink)   07-27-2016, 06:47 AM
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Quote:
Originally Posted by 1wayhosting View Post
Accepting payments via Bitcoins you will attract bad guys who make dirty work from your server and this is the last hing you want!
Further more bitcoin is quite unstable!
That is an interesting view to Bitcoin. As with anything in this world, there are going to be legitimate and non-legitimate uses but have you experienced and increase in abuse or other non-legitimate activities since adopting BitCoin? Or are you more generalizing an assumption?

I agree that BitCoin can be unstable though, just like any currency it can go up and down by night. It is one reason I recommend opting for BitCoin via Stripe as you specify the USD amount for each product and Stripe will send you USD so you don't have to risk the value dropping (although you might not like it if you find the value increases )
 
 


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  Post #34 (permalink)   07-27-2016, 06:48 AM
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Quote:
Originally Posted by WiredBladeCom View Post
We are considering it. You never know how the price will go.
Are you based in the US? If so check out stripe.com/bitcoin -- You specify your prices in USD and they will send you USD. I'm not sure how often they update the exchange rates but it should take out some risk if it drops drastically.
 
 
 


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  Post #35 (permalink)   07-27-2016, 09:20 AM
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Quote:
Originally Posted by 1wayhosting View Post
Accepting payments via Bitcoins you will attract bad guys who make dirty work from your server and this is the last hing you want!
Further more bitcoin is quite unstable!
Over the years, I've seen far more fraud and bad guys using Paypal and stolen CC's than I have paying through Bitcoins.

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  Post #36 (permalink)   08-07-2016, 10:49 AM
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Major Pro ?

Low transaction fees!
No Charge Backs!

Major Con ?

Hard to find reliable exchange or a payment gateway who is reasonable in providing decent rates.
 
 
 


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  Post #37 (permalink)   09-09-2016, 08:43 AM
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Maybe whit bitcoin you will atract some new client and some of them is good clients,but olso i think you can atract bad guys on you hosting company and can make problem whit your server and can lose good clients because your server is not working good.
 
 
 


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  Post #38 (permalink)   09-09-2016, 09:31 AM
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Low Transaction Fees
No Chargeback issue

Combined with BitPay you get at actuals price conversion rates.

No Con so far for us.
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  Post #39 (permalink)   09-11-2016, 07:49 AM
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I think at the moment, Bitcoin still has a negative stigma about it.

Its very nature means that it often being used for illegitimate purposes. Whilst these people are also using Bitcoins to purchase hosting for illicit use, there's still many customers out there who are legitimate. Providing you have the right fraud detection in place, I don't see the issue with it.
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  Post #40 (permalink)   09-28-2016, 05:00 AM
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I am just try to accept the bitcoin since there are some exchange platform online.

I sold out the bitcoin to day, and receive the fund via paypal at the same day. May be can put bitcoin as another payment method.
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  Post #41 (permalink)   10-05-2016, 07:35 AM
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Maybe Bitcoin could be a new trend ?
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