How to Accept Bitcoins Without Fees

&#62; However, processing Bitcoin payments is a completely different experience. There's no paperwork (just code), no set-up cost and everyone can get started in no time.<p>So true. That's what I love about Bitcoin: once you understand the technical working, there is nothing to it. It's all simple rules instead of fees, interest rates and chargebacks. And all that you own is actually really and truly yours. No bank could possibly take it from you when they go bankrupt.

Flagged.<p>zhoutong is a known scammer. Do not do business with him. He needs to be banned on HN as well.<p>Edit: I'll quote what I said in reply to someone else:<p>Zhoutong is a scammer, he operated an illegal bucket shop known as Bitcoinica and tried to hide the true nature of the operation just so he could close it down at its peak and steal several thousand BTC from customers trading futures on his platform,<p>He then tried to cover up the theft by selling it to the people who run Intersango and tried to blame them for the missing Bitcoins. He also tried to blame "hackers" for it.<p>In addition, users are suing him for close to half a million dollars for his lies. His defense is hes claiming he was 17 at the time (early 2012).<p><a href="http://arstechnica.com/tech-policy/2012/08/bitcoinica-users-sue-for-460k-in-lost-bitcoins/" rel="nofollow">http://arstechnica.com/tech-policy/2012/08/bitcoinica-users-...</a>

Worth noting that Coinbase also does not have a fee to accept merchant payments (and keep them in bitcoin):<p><a href="https://coinbase.com/docs/merchant_tools/payment_buttons" rel="nofollow">https://coinbase.com/docs/merchant_tools/payment_buttons</a><p>If you decide to cash out to USD the fee is 1%.

Without Fees? Nice try. The article doesn't cover this at all. I think it means "Without the High Fees of Credit Cards". Bitcoin has fees and the article mentions this. If anyone would actually like to write an article about avoiding BTC fees, I'm interested in that.

I recently moved my domains to NameTerrific, and I would definitely recommend them. I love the management interface and they're very simple. Much, much better than the bloated GoDaddy.

This isn't entirely related but I'd be interested if anyone knows the tax implications of _spending_ bitcoins. What happens if you receive bitcoins when they're worth 10 USD and then spend them when they're worth 20 USD. What tax rules apply here?

hey zhou, what % of purchases use bitcoin?

ZhouTong is a thief and con man.<p><a href="https://bitcointalk.org/index.php?topic=95738.0" rel="nofollow">https://bitcointalk.org/index.php?topic=95738.0</a><p>He WILL steal your money.<p>Do not trust him.