Vera & John Offering Bitcoin As Payment Method

[Jokerman99]

Well i'd be more likely to put some money into Bitcoin as opposed to Coinye West but there are far safer and less volatile investment options out there. If I wanted to buy weed online. Well that's a different matter altogether.

[DaftDog]

The only "hype" and extremist thinking I see here in the forum is from those who oppose Bitcoin. Some people post as if it's all or nothing - you're either at great risk of suffering huge outrageous financial ruin or not. I'd be happy to have Bitcoin as a payment option that I can choose or not choose at my own discretion, particularly and most especially for any program which either has no payment option for US affiliates otherwise if it's one that I do want to promote, or may only have one single option which I consider to be completely inadequate and unacceptable at best. As I've written elsewhere, I already stopped promoting one of the best known programs here for that very reason, but I'd rather still be promoting them. Assuming you don't do something wild like bet the farm and put all your resources into promoting a program like that if it starts to offer Bitcoin, which of course is hardly likely, your real risk is extremely minimal - practically only one single monthly payment. Not from all programs you promote either, but only from those with which you opted for Bitcoin. Big whoop. That's one month's income from only one program or some programs with which you accept Bitcoin, and probably not even all your income from them either, most likely more like taking a partial loss on the income. Then you have choices to make: you simply opt out of Bitcoin after that one month, for example. If the program is still earning income for you after that, you either bite the bullet and accept the one bad payment option you didn't like to begin with, or you wait until an opportune time to collect later if you can. But in addition to opting out of Bitcoin, you also have the option of ceasing to promote the program and allocating any resources to it. All of that is to cover various nuances and possibilities, but overall your only practical significant risk is a single month's income from only the Bitcoin-option-offering programs for which you elected to give Bitcoin a try. And you're still at "risk" of coming out ahead for that month, too, not just having a loss. So in the current example, if you decide to dump Bitcoin because of the latest volatility, your loss would be roughly 30-35%. If you made $1,000 or $10,000 from one or a few programs because of having chosen a Bitcoin option, you took some risk and now you're down a bit. This is not financial ruin, this is not losing your house, your car, the sky falling, or any "hype[r]" risk like that.

Additionally, regarding this latest Bitcoin event, Mt. Gox is not the only game in town. Note this:



http://blogs.marketwatch.com/thetell...market-action/

You seriously need to learn to use paragraphs.

[AK]

Your going to get caught up and thrown in a box with a rattlesnake. The NSA and the state of Florida have been actively going after mom and pops with small websites promoting online gambling especially with the usage of bitcoins. (localbitcoins should be avoided) According the law in Florida any bitcoin transactions with someone in Florida over $300 is considered a felony. This is all they need to open Pandora's box take it from me who simply sold a bitcoin to a guy getting surveillanced