Suggestion: I found the option "Send to a bitcoin address" to be confusing. I would have expected it to say "Send from a bitcoin address."<p>Upon further reflection, it's clear why I expected that.<p>First, when a user goes through a typical online checkout/payment, they are not concerned about where the money is going <i>to</i>, they are concerned about where it is coming <i>from</i>, i.e., putting their credit card info in.<p>Second, the prior option is "Send using my coinbase account," which reinforces what I was talking about in the other point I just made. For the sake of consistency, both options should be about sending <i>from</i> somewhere, not sending <i>to</i> somewhere.<p>An alternative way to do this would be having the first option say "Send using Coinbase" and the second option be "Send using the Bitcoin network," or something to that effect.
Have you taken note of this possible vulnerability? You guys need to be more careful about security. You may only get one shot at this, if you get bad PR this early by getting hacked.<p><a href="http://www.reddit.com/r/Bitcoin/comments/14c7q0/coinbase_launches_payment_buttons_an_easy_way_to/c7bwmzt" rel="nofollow">http://www.reddit.com/r/Bitcoin/comments/14c7q0/coinbase_lau...</a>
I'd love to transparently accept BTC on a website I'm building, and have the merchant company send me a check every month..<p>I'm really hesitant to use (and thus implicitly recommend) Coinbase, since they're asking for Bank username/passwords from users.<p>Even thought it's not necessary, it makes these guys really look rather Shady to me, so I'm really reluctant to use their solution.<p>Has anyone else worked with Bitpay or other providers in this space? I'd love to hear how things went for you.
Congrats Brian! I'll be integrating this on <a href="https://openexchangerates.org" rel="nofollow">https://openexchangerates.org</a> pretty soon (as well as including the BTC rate in the OXR API)<p>#edit - just wondering, would it be necessary to include another BTC checkout button, e.g. from mtgox? Or can <i>any</i> BTC user <i>anywhere</i> use this button to checkout?<p>Also - a big one - is there/will there be support for recurring payments? Actually, is that even possible?
Are there plans to make it possible to just receive the bitcoins directly rather than a cash payment in a bank account? I'd like to accept bitcoins but have the coins transferred to my wallet.
What are the limitations regarding the location of the users or merchants, if there are any? Can I send and receive Bitcoin through Coinbase to and from anywhere? I assume the bank thing only works with US banks?<p>I'm not sure about the color of the button. Seems rather dull to me, and might be easily missed. You might want to A/B test that.<p>I like what you're doing, though. An easy to use Paypal-like service is very needed in the Bitcoin world. Wasn't Reddit a YC company, too? Maybe you can convince them to use your service instead of Bitpay, since they were thinking about using Bitcoin anyway.
Bitcoin merchant services sector is really heating up. Bitpay.com making big news with the recent Wordpress announcement, Walletbit (<a href="http://bitcoinmagazine.net/walletbit-launches-bank-transfers-for-merchants-in-europe/" rel="nofollow">http://bitcoinmagazine.net/walletbit-launches-bank-transfers...</a>) growing and adding more features and now Coinbase joining in. This open competition allowed by the open source nature of Bitcoin is great to see.
I am almost ready to use this service but have some questions first:<p>1. Are Instant Payment Notifications sent only once with 0 confirmations? (hoping no)<p>2. How do I verify that the IPN is really coming from Coinbase? (hoping some simple signature check)<p>3. If I created a button worth 1.99$ then will it adjust BTC amount based on the current exchange rate or will it be static? (hoping it will adjust itself over time)<p>4. Also is it possible to see and edit buttons at a later time(hoping yes)
This looks amazing. I've held off using bitcoins until now because of usability issues. This product looks like it can change that. I'm signing up today.
Hi Brian, cool, congratulations on making it this far! Do you think the several hours latency to the bank account deposit is going to expose people to too much exchange rate volatility?
Compared to other Bitcoin exchanges, I have high hopes that you guys are more confident. Taking a page out of Stripe's book is the right move, because you look less like previous Bitcoin sites and more like a startup. If Coinbase suffered a security breach I would be very disappointed.
Suggestion 1: Offer to convert user funds to bitcoins (works as an annoying service). So you act as a money proxy.<p>Suggestion 2: Explain what bitcoins are for shopping cart users