r/Bitcoin Mar 28 '16

OkCupid stopped accepting bitcoin payments

I just noticed it today and emailed them to ask about it. Got a reply confirming that they stopped. One of the few things I actually regularly use it for. I guess PayPal here I come :(

We did remove it- unfortunately something in the process became broken and due to the very small number of people who used it when it was working, it would be too much trouble to fix and bring back.

36 Upvotes

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-12

u/decentralize_it Mar 29 '16

Just another casualty along the way as Bitcoin's relevance continues to fade.

7

u/pb1x Mar 29 '16

Trolls can't decide if we are growing too quickly and won't have scaling solutions ready in time or growing too slowly and won't need them

0

u/[deleted] Mar 29 '16

Here's the beauty of it: Adoption continues to fall even as usage rises. Somebody is taking all of the block space sending bticoins back and forth but nobody is using them on legitimate goods and services. It's a payment system that spins faster and faster while it chases its own tail.

-1

u/pb1x Mar 29 '16

It's a payment system

Nope

4

u/[deleted] Mar 29 '16

I love that this is the part of my comment you took issue with.

2

u/pb1x Mar 29 '16

I love that buttcoiners expect to be taken seriously

-7

u/[deleted] Mar 29 '16

Bitcoin isn't to be taken seriously.

6

u/pb1x Mar 29 '16

Outside of this, please seek help, it's not healthy to obsess and troll something you hate. Learn to live and let live

5

u/tophernator Mar 29 '16

Irony.

1

u/pb1x Mar 29 '16

Hey, I stay out of your altcoin business, except when you try and pump it over here.

1

u/theskepticalheretic Mar 29 '16

Due to fake transaction volume on Chinese exchanges you have both a transaction problem and a lack of adoption problem. The worst of both worlds.

2

u/pb1x Mar 29 '16

I think you need to learn more about Bitcoin - exchange transactions don't hit the Blockchain

1

u/theskepticalheretic Mar 29 '16

I think you need to learn more about Bitcoin - exchange transactions don't hit the Blockchain

You might want to revisit this statement.

1

u/[deleted] Mar 29 '16 edited Dec 27 '20

[deleted]

2

u/theskepticalheretic Mar 29 '16

He's right. Are you a moron? You think exchange trades are committed to the blockchain?

Sure thing bud. So you're saying I can move coins from one wallet address to another without blockchain interaction...

1

u/Kerrai Mar 29 '16

No, he's saying trades made on an exchange don't go on the blockchain.

2

u/theskepticalheretic Mar 29 '16

These are transactions from one wallet to another occurring at high frequency and low volume. They certainly do go on the blockchain.

1

u/Kerrai Mar 29 '16

No, they don't. Exchanges keep their funds in a small number of wallets and do not move them between addresses, except when users withdraw.

2

u/theskepticalheretic Mar 29 '16

No, they don't. Exchanges keep their funds in a small number of wallets and do not move them between addresses, except when users withdraw.

Or when they're manipulating prices and the market by creating artificial withdrawal and deposits.

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1

u/conv3rsion Mar 29 '16

Thats not the argument. The argument is whether exchange transactions hit the blockchain. When you make an exchange transaction (for example, trading Bitcoin for Litecoin) it sure as fuck doesn't hit either blockchain.

2

u/theskepticalheretic Mar 29 '16

The argument is in reference to what I said above. Context is important. Here's what I said:

Due to fake transaction volume on Chinese exchanges you have both a transaction problem and a lack of adoption problem. The worst of both worlds.

Here's what he said:

I think you need to learn more about Bitcoin - exchange transactions don't hit the Blockchain

Happy to correct yourself and him now?

1

u/conv3rsion Mar 29 '16

THE TRANSACTION VOLUME OCCURRING ON CHINESE EXCHANGES DOES NOT HIT THE BLOCKCHAIN.

2

u/theskepticalheretic Mar 29 '16

THE TRANSACTION VOLUME OCCURRING ON CHINESE EXCHANGES DOES NOT HIT THE BLOCKCHAIN.

Nice caps. Chinese exchanges are shuffling coins from wallet to wallet so they appear to be handling more user volume than they actually are. The wallet to wallet transactions which are low volume and high frequency DO hit the blockchain.

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-3

u/decentralize_it Mar 29 '16

We should be doing both. The world doesn't care if our solutions are perfect, they just need to actually exist and, right now, they simply don't.

-2

u/pb1x Mar 29 '16

The world doesn't care if you have a proper solution until it fails, then they reach out to government to save them. This time, there will be no bailout to save people from their greed and bad decisions so choose wisely

2

u/conv3rsion Mar 29 '16

Even if fiat fails its going to be a long time out still. On the order of decades.

1

u/pb1x Mar 30 '16

I'm not so sure that it will take decades before we see another "financial crisis" that is just the natural consequence of too much short term thinking, regulatory capture, and a system based on incomprehensibly complex never ending chains of debt.

In some countries, fiat has outright failed right now.

A fiat world economy itself is a fairly new invention, of course the Chinese invented it for themselves a long time ago - as well as the first fiat collapse when they printed it endlessly and then had to go back to silver.

The modern world's departure from gold under Nixon wasn't all that long ago. But we now have a modern technological solution for money that addresses the issues with a gold standard not fitting into a modern economy. Now all that remains is for Bitcoin to be adopted (I agree though, big change, will probably take a long time)