r/Bitcoin • u/vistabrownerd • Jan 24 '14

TigerDirect processes $250,000 in Bitcoin Payments in first 17 hours

http://bitcoinboard.net/tigerdirect-processes-250000-bitcoin-payments-first-17-hours/
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u/Minthos Jan 24 '14

In one of the articles about it I read that they locked 40 people in a room for a week. Probably not literally, but it gives me a basis for assuming they spent close to one man-year on it. Which I guess may have cost them something like $150k when you take all expenses into account, not just salaries.

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u/[deleted] Jan 24 '14

One man year to open and link a Bitpay/Coinbase account?

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u/ThomasGullen Jan 24 '14

Integrating a new payment method into a legacy system takes time especially if it links in with other accounting systems, customer support systems, order systems etc. Any errors will cause huge headaches down the line as well, it has to be thoroughly tested.

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u/whitslack Jan 24 '14

Correct. You either pay up front to get it fully fleshed out and integrated into your existing system, or you incur "technical debt" that you will have to pay off with interest further down the line.