Quote:
Originally Posted by EnglishTeacher
Thanks. I just signed up.
I'd like to verify: What is a BitCoin worth in USD?
The Coinbase buy/sell page (I can't post it in this msg, I'm too new) it says a BTC is ~$813USD (?!?)
Am I reading this, so that if I want to buy a DVD on a site for $10, that would be .0124 BTC?
How are webmasters of digital or tangible goods sites doing the math on their sites?
The sign up process was incredibly smooth! Looks great!
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At Coinbase, it displays the current buy price. You can buy in incremental values and the site functions as a online wallet. And when you purchase something it is for a fraction of whatever Bitcoin value you are holding. I'm in the process of setting up Bitcoin purchases on my marketing site using Coinbase, they do all the calculations for you as the Bitcoin purchase will end up in your wallet with them. Coinbase is currently the company that is getting the venture capital investment money. So they are in the spotlight now.
The great thing about using Coinbase and Bitcoin is you can do it immediately. There is no mechant dance, business account, credit check crapola and no monthly fees or high risk whatever designed to chip away percentage wise at your cash before you've even made a sale.