Hello Community, I run a web hosting and design company based in the UK and will soon be able to accept Bitcoins if all goes well. Would this help people in certain countries? Just want to gauge who actually pays for products and services using them. Jordan
No i am not using bitcoin. Bitcoin real cost is fluctuate due to all politics/market shares. It is not possible to determine, how much i have to pay in my own currency.
Thank you all for the feedback, it is much appreciated. I have noticed the value of them is high so it would be harder for people to posses them in order to spend them anyway.
Bitcoin is usable in quantities that are fractions of what a single BTC is valued at and at the equivalent of a regular currency like the dollar or euro. As such they are becoming the alternate currency of choice for those who are having increasing problems with the centralized alternatives like Perfect Money etc. One of the neatest things you can do now is earn money paid out in BTC from specialty Fiverr-clone sites like Bitgigs, Forbitcoin and Bittask.
I was planning on accepting bitcoins for CloudBeast.net, but I decided not to due to its controversial nature right now, although I found a WHMCS plugin(Web Hosting Billing System thingy) that worked for that purpose called BitPay.
Yeah, I've used them in the past. Can't anymore though as I can't connect to the bitcoin servers, due to restrictions enforced by my step dad on my home internet.
I would say YES for bitcoin in transactions where you don't want to be tracked down by the government. Like importing medicals from India. For webhosting - wouldn't matter to me, I have paypal...