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Bitcoin is a universally accepted payment. Why doesn't namejet, snap names and drop catch integrate it.
It will generate more business and revenue for them.
It will generate more business and revenue for them.
Bitcoin is a universally accepted payment. Why doesn't namejet, snap names and drop catch integrate it.
It will generate more business and revenue for them.
Good news guys!
Pheenix accepts bitcoins.
Bob
It will take some time .
It's one of the reasons I was attracted to Name Silo, but since I've been using them, I've started to really like their whole setup.
Bitcoin is not a universally accepted payment. It's a novelty payment accepted by some places.
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I didn't say it was universally accepted, I said globally accepted. You have more chance of finding a shop in England that will accept Bitcoin, than will accept the US dollar or even the Euro. This ignores services that will exchange currencies of course.
The volatility of Bitcoin is not really an issue if you see it as a store of wealth, and acquire it as a long term holding. As always, it is nice to give the seller a range of options, and several registrars include Bitcoin as an option.
we appreciate your suggestions for improving the NameJet platform.
If NameJet can't efficiently monitor shill bidding, what would give anyone the confidence that NJ could deploy bitcoin as an accepted payment? ie some have called the technology at NameJet archaic...
For years, NameJet has accepted a culture of allowing owners to bid on their own domains. It seemed that some users were bidding on their own domains just to track their auctions. When shill bidding allegations broke out last year, some cited NJ's archaic technology to seemingly defer the intent of bidding on your own NJ auction. It would appear NJ developers have their hands full trying to develop techniques to combat their rampant shill bidding problem, rather than branch out to allow a form of anonymous payment.
Nothing against BTC, I just think NameJet has harvested a culture of questionable behavior (possibly due to their archaic tech) and accepting BTC could be like throwing gas on the flames... Not just with shill bidding, but with stolen domains. There have been reports of stolen domains being sold at NameJet. If the seller was paid in BTC, it would be a lot tougher to track, and as such, this form of payment could further ignite criminal activity.
Hey @ScottPruitt -- I'm surprised NameJet still has a NamePros presence. Are you aware of this thread?
https://www.namepros.com/threads/bidding-on-your-own-names-at-namejet.1030874/
There are currently 64 pages of feedback.
My suggestion is that NameJet audits their past auctions, and issues refunds to everybody that was shilled up.
Does NameJet really think the problem will go away if they just sweep it under the rug?
So to recap the thread - who takes BTC ?
We actually already accept Bitcoin and pay out sellers with Bitcoin when requested. It's not an official feature we promote but do offer.
Good news guys!
Pheenix accepts bitcoins.
Bob
volatility still the main concern it could vary between 50$ up to 2000$ within hours.... that would be unaceptable for doing business fairness for both seller and buyerBitcoin is a universally accepted payment. Why doesn't namejet, snap names and drop catch integrate it.
It will generate more business and revenue for them.
Bitcoin is not universally accepted payment because of high transaction fee, long tax confirmation etc it's becoming use less now days. It's no more peer to peer electronic cash.Bitcoin is a universally accepted payment. Why doesn't namejet, snap names and drop catch integrate it.
It will generate more business and revenue for them.
The one time i did use the remainder BTC i had, Retailer in question told me he cannot process my refund because of the recent decline in bitcoin price, once it goes back up it will go through..[Laughable] - If a customer can't return or swap an item in a simple way - What is the point?Bitcoin is not universally accepted payment because of high transaction fee, long tax confirmation etc it's becoming use less now days. It's no more peer to peer electronic cash.