bitcoinnerd

3 ms·

1. 1.▲
   by bitcoinnerd 12y ago

   No. I mean, good on them for making it free. It is great. And no, of course you can't replace everything they do with 100 lines of code. But you can get a fairly long way. If you don't need all these pretty consoles, things like q
2. 2.▲
   by bitcoinnerd 12y ago

   I don't buy it. How much money are they going to make from those plans? A grand here and there from the big clients and a hundred bucks from the small clients? Their annual run rate is at least 6-7 million dollars a year if not more. I
3. 3.▲
   by bitcoinnerd 12y ago

   It is pretty much open secret amongst the bitcoin crowd. They didn't announce it of course. But next time you meet someone from bitpay, explicitly ask them how that $100m is calculated.
4. 4.▲
   by bitcoinnerd 12y ago

   2 things I am thinking: 1. If Bitpay was making a lot of money on payment processing, would they have gone to free forever? No! - The reason is payment processing does not generate much cash! Certainly nothing that can support a 60 person t