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Topic: btc failed purpose? - page 2. (Read 1723 times)

sr. member
Activity: 406
Merit: 250
July 24, 2014, 07:35:49 PM
#4
Accepting bit coin can drive business to you. If you accept them and hold at least a portion of them you stand to profit even more as the value rises over time.
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
July 24, 2014, 06:34:06 PM
#3
Accepting BTC will give you lots of exposure if you add yourself to a bitcoin shop map and a list of shops who accept bitcoins. Don't accept altcoins (other than litecoin), because no one will care and no one will pay using that.
legendary
Activity: 2674
Merit: 2965
Terminated.
July 24, 2014, 06:31:43 PM
#2
Why is it worth so much?
Why is gold worth so much to the general public while I don't value gold at all? (Why do people need to understand the price of BTC when they pretty much do not really understand the price of anything?)
It's simple economics, supply and demand, that's what decides the current price.

Stop going for random altcoins, stick to Bitcoin.
newbie
Activity: 4
Merit: 0
July 24, 2014, 06:30:15 PM
#1
Hey guys I am new to bitcoin

Should I back my business with my own coin?  I own a grape winery in Canada
or should I just accept btc?

 I was looking at some of the altcoins and I do not understand why they are worth so much and same with bitcoin? Someone told me bitcoin was a way to stop bankers from printing the money supply something about a Genesis block, But can`t all the bankers just buy it up with the fiat anyways? or the miners with mass operations just could just be bought by bankers anyways? so I am confuse to why bitcoin is worth so much? is there a coin where everyone is born with a certain amount of coin leaving plenty room for enterprise for people who want to work and help humanity and gain more of a fair coin where bankers can just not buy it? is there any commodity backed coins where business`s use there own currency to avoid tax`s and law`s? I saw sync or urocoin they make sense but some people are saying scam?
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