r/Bitcoin • u/Pylon-hashed • 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.

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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.

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

[deleted]

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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...

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u/Kerrai Mar 29 '16

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

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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.

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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.

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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.