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Holiday Contest Brought To You By CoinCards.ca [Closed]

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Comments

  • CoinGuyCoinGuy Administrator
    edited December 2015
    The 5% fee is the standard for any giftcard company dealing in Bitcoin: GYFT and YestoBitcoin charge the same rate. As with any service, with a fee, everyone needs to decide if the value is there for them to use a service.

    Let's keep this thread on topic: someone in this community will have the chance to win $50 from coincards.ca.

    We can discuss the business model elsewhere on this forum, if we need to. I am sorry if this comes off harsh, but it's really tough to get these kinds of promotions going and I don't want us to alienate other companies from wanting to be generous or have this thread devolve into this kind of debate.
  • Just to chime in on the fee aspect. I don't get cards in bulk so I do not get any discounts on cards myself. I am paying retail price, and my fee is simply to make it worthwhile on my end for processing and transacting. As it is now, I make about 80 cents on a $20 gift card electronic gift card.

    5% can seem like a lot at times, but keep in mind that bitpay also takes their 1% of my 5%.

    I do this because I love Bitcoin and I actually would love to present companies data that they should simply start accepting btc.

    There is another thread on this forum in regards to my business where I am welcome suggestions and comments in regards to my business model.

    Thank everyone!
  • CoinGuyCoinGuy Administrator
    Hey everyone, just a reminder 2 days until we a movie the winner! Good luck all ;)
  • CoinGuyCoinGuy Administrator
    Drum Roll please....

    So I took all comments since December 11th, each comment was assigned a random number.

    The winner according to the number selected Random.org was connected to the comment by community member @testman

    Congrats to him & all that participated! Also thanks to @dastuff and the team at coincards.ca for their generosity!

    Hopefully we'll be able to do this again soon :)
  • testmantestman Member Plus
    Amazing! Thanks guys! ;) Awesome contest!
    I am he as you are he as you are me, and we are all together. See how they run like pigs from a gun, see how they fly.
  • CoinGuyCoinGuy Administrator
    edited December 2015
    You are welcome @testman. As I mentioned, I hope we can do another contest in the future.


    So now the call goes out:
    If you are company with a product or something of wide appeal, please send me a PM.
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