- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Flat fee payment processing with BitPay
Posted on 10/8/13 at 9:29 am to Broke
Posted on 10/8/13 at 9:29 am to Broke
quote:
Except they peg the conversion to whatever rate they want. Hence, getting a few extra bitcoin in the process, many times over. Money
So you're saying that they are ripping off the people making the purchases and that they are too stupid to know whether or not BitPay's quoted price in bitcoins is fair?
This post was edited on 10/8/13 at 9:30 am
1
Posted on 10/8/13 at 9:36 am to WikiTiger
quote:
So you're saying that they are ripping off the people making the purchases and that they are too stupid to know whether or not BitPay's quoted price in bitcoins is fair?
More than likely the merchant while they do the conversion. Really either way could benefit them. I have no idea how this business will operate but not having a standarized exchange for conversion will open it up to things like we've stated.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News