Amazing result from an online retailer with Bitcoin in Australia

Discussion in 'Digital Currencies' started by AsiaNexgen, Feb 7, 2014.

  1. AsiaNexgen

    AsiaNexgen New Member

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    AsiaNexgen, Feb 7, 2014
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  2. Altima

    Altima Well-Known Member Silver Stacker

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    Just wondering, how do businesses factor in the possible drop in prices of BTC/LTC in their business model?
     
    Altima, Feb 7, 2014
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  3. Phiber

    Phiber Well-Known Member Silver Stacker

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    Instant fiat conversion thought companies like BitPay.
     
    Phiber, Feb 7, 2014
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  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Except that it isn't, last time I looked there is a minimum withdrawal for AUD with BitPay of about $1000, you can withdraw any amount of BTC, but then you have to sell it to coinjar or the like, but anything under an equivalent AU$1000 can't be done. You have to withdraw it as BTC.

    Coinjar offers a merchant service, not sure if there is a min AUD withdrawal.
     
    mmm....shiney!, Feb 7, 2014
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