Help - My business idea Vs price changes

Abdrehman

newbie

Activity: 8

Merit: 0

Quote from: Justin00 on June 19, 2014, 03:29:51 AM

perhaps have a chart/graph on your site so they can clearly see the price changes.
I suspect anyone buying will know the price constantly changes... and if not they are stupid.

what if you sell for 590 and it goes to 650 ? will they give you an extra 60 a few days after they bought it. i think not :p

i found a very good solution for this .. thanks to Coinbase .. they have a service of real time converting between USD & BTC

thanks for your help guys

horcoff

member

Activity: 80

Merit: 10

Quote from: Abdrehman on June 18, 2014, 07:13:14 AM

Hello Evrybody ..

Im thinking of starting a new business in my city .. a BTC store .. where im going to sell BTC,
But Simply .. if i sell 1 BTC for 596 $ .. and the customer goes home and try to use it .. then he found that its worth 570$ .. Surely he gonna think this fraud.

like before 10 minutes .. the price was 596 $ .. now its 617 $

how i can let people but BTC's while it has no stable value in the market .. how we can solve this ? .. or What do you suggest in case of my idea ?

sell them BTC ecodes

Quote

what if you sell for 590 and it goes to 650 ? will they give you an extra 60 a few days after they bought it. i think not :p

Arabian people do not play with future ) islamic banking is project oriented, not crazy investment banking )

Justin00

legendary

Activity: 910

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

perhaps have a chart/graph on your site so they can clearly see the price changes.
I suspect anyone buying will know the price constantly changes... and if not they are stupid.

what if you sell for 590 and it goes to 650 ? will they give you an extra 60 a few days after they bought it. i think not :p

doldgigger

full member

Activity: 170

Merit: 100

Quote from: Abdrehman on June 18, 2014, 07:13:14 AM

Hello Evrybody ..

Im thinking of starting a new business in my city .. a BTC store .. where im going to sell BTC,
But Simply .. if i sell 1 BTC for 596 $ .. and the customer goes home and try to use it .. then he found that its worth 570$ .. Surely he gonna think this fraud.

like before 10 minutes .. the price was 596 $ .. now its 617 $

how i can let people but BTC's while it has no stable value in the market .. how we can solve this ? .. or What do you suggest in case of my idea ?

Maybe it helps if you tell them what you're selling. Same thing if I start a new business selling soft ice. Customer buys soft ice, goes home and tries to use it. Then he finds that it has changed from solid to liquid state. He will surely gonne think it's fraud. Unless he knew what he bought.

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: Abdrehman on June 18, 2014, 07:13:14 AM

Hello Evrybody ..

Im thinking of starting a new business in my city .. a BTC store .. where im going to sell BTC,
But Simply .. if i sell 1 BTC for 596 $ .. and the customer goes home and try to use it .. then he found that its worth 570$ .. Surely he gonna think this fraud.

like before 10 minutes .. the price was 596 $ .. now its 617 $

how i can let people but BTC's while it has no stable value in the market .. how we can solve this ? .. or What do you suggest in case of my idea ?

If they are educated, they wont think u fraud as the value may rise too. But, u should be careful about hooligans while running such a physical shop, cause chances are low that govt. will protect u.

DavidHume

full member

Activity: 235

Merit: 102

People who buy usually understand bitcoin value is governed by free market.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Abdrehman on June 18, 2014, 07:13:14 AM

Hello Evrybody ..

Im thinking of starting a new business in my city .. a BTC store .. where im going to sell BTC,
But Simply .. if i sell 1 BTC for 596 $ .. and the customer goes home and try to use it .. then he found that its worth 570$ .. Surely he gonna think this fraud.

like before 10 minutes .. the price was 596 $ .. now its 617 $

how i can let people but BTC's while it has no stable value in the market .. how we can solve this ? .. or What do you suggest in case of my idea ?

Make a lifeticker like they used in the Dow Jones Cafes [1] and explain to the people what they are buying (paper wallet?)

[1] http://www.bardowjones.com/concept.asp

Abdrehman

newbie

Activity: 8

Merit: 0

Hello Evrybody ..

Im thinking of starting a new business in my city .. a BTC store .. where im going to sell BTC,
But Simply .. if i sell 1 BTC for 596 $ .. and the customer goes home and try to use it .. then he found that its worth 570$ .. Surely he gonna think this fraud.

like before 10 minutes .. the price was 596 $ .. now its 617 $

how i can let people but BTC's while it has no stable value in the market .. how we can solve this ? .. or What do you suggest in case of my idea ?

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