NO MORE BITCOIN FOR WORDPRESS

Updated: 02/25/2015 10:12
Reprints/Permissions  Hyip Monitor
no more bitcoin for wordpress
Wordpress, the most popular CMS in the world, has removed Bitcoin from the payment options. Till recently, the crypto currency has been one of those...
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Wordpress, the most popular CMS in the world, has removed Bitcoin from the payment options. Till recently, the crypto currency has been one of those...

Wordpress, the most popular CMS in the world, has removed Bitcoin from the payment options. Till recently, the crypto currency has been one of those supported by the blog service along with PayPal and international payment systems VISA and MasterCard.

The open-code platform, supporting more than 60 mln. sites was one of the first, that started to take bitcoins for payments. In November 2012 Wordpress allowed the customers to pay for the premium options with this cryptocurrency.

Despite the fact, the crypto currency has suddenly disappeared from the list of accepted payment options, the plugins from the third party developers using bitcoins are still working. Besides, the BitPay cryptocurrency processor, approving the bitcoin transactions for WordPress, still includes the platform to the 50K partners list on its website. Payment option with the cryptocurrency on Gravatar, owned by the parent company Wordpress is still enabled.

As informed at Coindesk, some companies that accept bitcoin report the decrease of using this payment option after the initial interest decline towards this cryptocurrency. To compare, Overstock has re-considered the sales volumes in cryptocurrency from $10-$15 down to $3 after the sales slowed down last year.

Whether the changes are the consequences of decrease in the sales volumes of premium options paid with bitcoins at WordPress or there are some other reasons for the CMS to terminate using this cryptocurrency it's not known for sure, however, the tendency is evident. Bitcoin is getting less popular worldwide.


About the author

Walter Anderson used to work as a creative freelance writer with three years experience in the industry working in print and online media. I used to search for exciting new projects and hence launched the monthly online newsletter, which has been supposed to increase any website traffic by 40%. Since 2010, Walter Anderson has been officially hired by HYIPNews.com media portal first for the position of the article and news writer writer and then starting from 2012, the vacant position for the chief writer at HYIPNews has been taken by Walter Anderson and is still taken by now.
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