Author

Topic: Bitcoin penny, nickel, dime, quarter (Read 1877 times)

sr. member
Activity: 448
Merit: 250
December 20, 2013, 02:44:23 PM
#4

Hello, I'm from The Thumb.... Everybody hold out your right hand with palm facing you, that's Michigan...lol

Anyways... I know the owner of this restaurant was in the newbie thread trying to be able accept bitcoin payments...

http://www.gilliesconeyisland.com/

Located a little north of Flint... I'm not sure how far he got, maybe get a hold of him?
hero member
Activity: 709
Merit: 503
December 20, 2013, 02:04:21 PM
#3
instead f trying to get new people to buy bitcoins. get merchants to accept bitcoins. i know someone in michigan who was looking to spend bitcoins and all they could find in their city was 1 foodler restaurant.

so they didnt want my bitcoins, same story for many other states, but seeing as your michigan based and my friends story involves michgan. i thought i should mention it. people wont truly take bitcoin on all of its merits until its usefulness is more appealing to them. at most all they would do is find a method to cash out  your bitcoin, keep the fiat and never look at bitcoin again.

try getting merchants to accept bitcoin. then when family and friends use bitcoins and see its benefit they are more then likely wish to continue using it.
So far only one person I gifted wanted to cash out; I bought back the Bitcoin I had given them happily.  All others are holding for now.

The Bronx Deli http://www.bronxdeli.com/ owner is my friend; I'm the one that sparked him into having his business accept Bitcoin recently.
legendary
Activity: 4424
Merit: 4794
December 20, 2013, 01:49:50 PM
#2
I propose;

0.01BTC = Bitcoin penny
0.05BTC = Bitcoin nickel
0.10BTC = Bitcoin dime
0.25BTC = Bitcoin quarter

I give away Bitcoin pennies to friends/family willing to take a moment to create a Bitcoin wallet to encourage them.

I am a member of the Michigan Bitcoin Consortium https://www.facebook.com/groups/MichiganBitcoiners/.  There I proposed we contribute to a pot; 1 Bitcoin nickel each.  The pot goes to the next person to spark a local business into accepting Bitcoin.

instead f trying to get new people to buy bitcoins. get merchants to accept bitcoins. i know someone in michigan who was looking to spend bitcoins and all they could find in their city was 1 foodler restaurant.

so they didnt want my bitcoins, same story for many other states, but seeing as your michigan based and my friends story involves michgan. i thought i should mention it. people wont truly take bitcoin on all of its merits until its usefulness is more appealing to them. at most all they would do is find a method to cash out  your bitcoin, keep the fiat and never look at bitcoin again.

try getting merchants to accept bitcoin. then when family and friends use bitcoins and see its benefit they are more then likely wish to continue using it.
hero member
Activity: 709
Merit: 503
December 20, 2013, 01:41:05 PM
#1
I propose;

0.01BTC = Bitcoin penny
0.05BTC = Bitcoin nickel
0.10BTC = Bitcoin dime
0.25BTC = Bitcoin quarter

I give away Bitcoin pennies to friends/family willing to take a moment to create a Bitcoin wallet to encourage them.

I am a member of the Michigan Bitcoin Consortium https://www.facebook.com/groups/MichiganBitcoiners/.  There I proposed we contribute to a pot; 1 Bitcoin nickel each.  The pot goes to the next person to spark a local business into accepting Bitcoin.
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