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Topic: Crypto VS Classic marketplaces. Possibilities and Prospects (Read 438 times)

full member
Activity: 291
Merit: 100
BitMedia.IO
It is safer to use smart contracts on crypto marketplaces. Thus, you may be sure that you'll receive your goods/services and your money won't be stolen Cool
And your transaction will be anonymous and cheap Cool
sr. member
Activity: 2030
Merit: 356
Nowadays all the cryptocurrency projects should make more efforts to popularize the idea itself. The majority of society knows that there was just some bitcoin that is a burst bubble lol.

Bitcoin is a father of all the other bubbles Cheesy
Anyway, I agree with this point. no promotion — no buyers and sellers as well.

Bitcoin is not a bubble indeed. Bitcoin has completed the journey of 10 years and it is not a new thing now. For new things we can say that no promotions will result in no demand but it is not the case with bitcoins. Everyone knows that bitcoin is the future and it very valuable. Even if you or me sell the bitcoins, there will be always people who will buy our bitcoins and keep them save for future.
newbie
Activity: 20
Merit: 0
it depends on categories of trade goods, but i agree on the whole. the goods i was looking for have a cheaper price (f.e. i compared different cameras and xiaomi tablets)
member
Activity: 207
Merit: 10
all the big stores had to start somewhere, and they also had to overcome distrust from the beginning.
jr. member
Activity: 138
Merit: 5
So what’s the advantage of cryptomarketplaces? Let’s Assume that the price is lower due to lower costs, etc. that’s it?


There's actually many benefits to using a crypto marketplace over a fiat marketplace. Not that much for physical products, but for virtual products it goes hand in hand. A few examples:

1) When buying a virtual product for fiat you oftentimes need to wait for the payment to be processed, then be subjected to KYC because the item is fraud-sensitive and paying in fiat is reversible. It's a hassle to make the purchase, whereas with crypto you completely bypass the need for either by simply paying in non-reversible cryptocurrencies.

2) In the same vein, there's many virtual items you are unable to buy on Amazon and/or eBay because they're so fraud-sensitive. Anything ranging from gift cards, subscriptions, top-ups, e-tickets to events and the like are not allowed to be listed. Cryptocurrency isn't prone to charge backs or fraud, so selling aforementioned items for crypto is perfect.

3) P2P commerce across the globe. If you want to buy an item from someone within your country, you're able to do so relatively easily with the help of a bank transfer, PayPal transfer or other well-known payment method within your country. It gets trickier when you try to extend this to a global scale. A person from France can't pay a person in Bangladesh because PayPal doesn't support the latter, bank transfer fees are way too high and other methods of payment aren't supported either. Cryptocurrency comes in really handy here because anyone can start accepting it immediately without requiring any permission and not subjected to any restrictions.
hero member
Activity: 2198
Merit: 847
With the increased interest in cryptocurrencies, there are growing possibilities of their application, namely payment of bills, short and long-term investments, purchase of goods / services, etc. To me, the last one is most rational above all.
So how do feel about that guys? Are phrases like “an Iphone for X BTC” are gonna become commonplace? Are there any prospects?

We can't see someone who will say: I am selling "this" for "X" amount of bitcoin because we all take care of btc/usd price, which means bitcoin is interesting when we know price in usd or euro. Imagine someone sells for "X" bitcoin and then price felt by 50%, in any way he will sell for "2x", I already explained the reason. Bitcoin is just a great method of payment, so people still will sell in usd but let you to pay with bitcoin and altcoins.
member
Activity: 253
Merit: 11
Nowadays all the cryptocurrency projects should make more efforts to popularize the idea itself. The majority of society knows that there was just some bitcoin that is a burst bubble lol.

Bitcoin is a father of all the other bubbles Cheesy
Anyway, I agree with this point. no promotion — no buyers and sellers as well.
newbie
Activity: 42
Merit: 0
Nowadays all the cryptocurrency projects should make more efforts to popularize the idea itself. The majority of society knows that there was just some bitcoin that is a burst bubble lol.
member
Activity: 425
Merit: 10
overall, the wallet restocking before an actual purchase when, say, using ModulTrade,  is not complicated

ofc it’s not a big deal for you because you’re experienced enough. i’m almost sure that it can be hard for newbies.

c’mon dude, we have the Internet as an option Smiley if you really wanna learn something, it wouldn’t be a problem
newbie
Activity: 22
Merit: 0
overall, the wallet restocking before an actual purchase when, say, using ModulTrade,  is not complicated

ofc it’s not a big deal for you because you’re experienced enough. i’m almost sure that it can be hard for newbies.
newbie
Activity: 28
Merit: 0
overall, the wallet restocking before an actual purchase when, say, using ModulTrade,  is not complicated
newbie
Activity: 21
Merit: 0
comprehending of how to make a purchase using crypto for typical buyers is like learning chinese

well you might as well use Google Translate dude



have you ever tried speaking to chinese using the translator? esp. if they are also using this tool.
newbie
Activity: 28
Merit: 0
I haven’t seen a single crypto marketplace, which would be on a par with convenience and accessibility along with Amazon f.e., or at least a regular store. These are always some incomprehensible sites, where even it is difficult for me to understand what they want from me, although I own a cryptocurrency.
newbie
Activity: 18
Merit: 0
comprehending of how to make a purchase using crypto for typical buyers is like learning chinese

well you might as well use Google Translate dude
newbie
Activity: 21
Merit: 0
comprehending of how to make a purchase using crypto for typical buyers is like learning chinese
newbie
Activity: 23
Merit: 0
Anyway, you can already find some stores with low prices - Taobao f.e. but, you need to know Chinese Smiley
newbie
Activity: 21
Merit: 0
So what’s the advantage of cryptomarketplaces? Let’s Assume that the price is lower due to lower costs, etc. that’s it?


as for me, the lowest price is a determining factor.
newbie
Activity: 26
Merit: 0
isn’t it enough for you? if you’re able to save a couple of funds — it’s always good
newbie
Activity: 25
Merit: 0
So what’s the advantage of cryptomarketplaces? Let’s Assume that the price is lower due to lower costs, etc. that’s it?
newbie
Activity: 18
Merit: 0
LOL there are also unusual products - Russian art is amazing!
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