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Topic: If there is a store like Amazon or ebay that accepts only BTC would you use it? - page 4. (Read 887 times)

legendary
Activity: 1274
Merit: 1004
Cryptocurrencies are like a diamond in the future they do have a lot of potential uses and they can be transacted by anyone and anytime around the world. it makes them same powerfull as banks but it is much better. I do not think Amazon or eBay is going to leave this chance as it is the best era of cryptocurrencies growth. I would definitely like to shop with bitcoins once in my life.
sr. member
Activity: 1666
Merit: 276
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I'll buy from such stores if the products available on the specific store provides with added discounts or if the price mentioned is lesser than that of buying with fiat. Even if we get cryptocurrency acceptance all around it is quite hard to find such a store with only cryptocurrency acceptance and not fiat. Maybe some online store might get into existence.
legendary
Activity: 2030
Merit: 1028
Of course, they are big company and every people who always purchase online know them.
It will bring maximum exposure for BTC.

So will it happen ?
Since they still not forbid it, it has the chance so let the time decide
hero member
Activity: 3066
Merit: 605

yes, if there was a market where i could buy crypto i would gladly use it, even if already for amazon it  can be generate vouchers by buying them with altcoin...
legendary
Activity: 1288
Merit: 1012
What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?
I'm not a frequent buyer, But if there is an option to buy with Bitcoin I will definitely use it from time to time. Hopefully some day Amazon and other giants will accept Cryptos directly, Life will be much easier.
legendary
Activity: 3248
Merit: 1402
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What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?
For me Bitcoin is essentially money but with high volatility. However, I probably wouldn't use such a website, because I rarely buy stuff on Amazon or eBay either. Of course, in case I needed to but something, I would prefer a website that accepts Bitcoin if the prices and fees are roughly the same. I would also love to pay the rent in BTC if it was possible, because when it comes to significant sums, the banking fees are way worse than Bitcoin's ones.
sr. member
Activity: 1008
Merit: 355
What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

Now this is the problem with the currency side of bitcoin or even with leading alts. Currency ideally should be moving all around like the blood of our body just like that symbol of commerce that we know of but in the case of bitcoin and company the mantra since I can remember is: HODL. Why? Because we are expecting that soon the price will go up otherwise there is no reason to hold them somewhere (or even under the skin lol). We are speculating, therefore. This is the reason why many merchants are complaining low sales revenues coming from the bitcoin side. But what can we do? I am not sure if there is something we can do to encourage bitcoin holders to spend their bitcoin instead of just letting it stay somewhere idle. Honestly, bitcoin and the rest of the gang is really more of a store of value though you can use it to buy something even a car or a house and lot. That's the order of things here.
full member
Activity: 1470
Merit: 148
If the stores are legit and no serious KYC is require, why not using some portion of my assets to pay bills and reserve some for the future. This decision has to do with individual involve, many will decide to keep for the future becasue they will be thing of the possibility of their assets be a valuable assets, then they will hold.
full member
Activity: 658
Merit: 100
If so, I believe that the BTC will achieve a very high price, because of the legitimacy is recognized, and many people will use BTC as a traditional currency.
legendary
Activity: 3542
Merit: 1965
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To be totally honest, NO.

I bought something with Bitcoin yesterday and the site gives you a 10 minute grace period to get 1 confirmation on your transaction. It was a SegWit to SegWit transaction and it took 34 minutes to get the first confirmation at the highest fee.

The purchase was cancelled and I was asked to pay with another payment method. The refund will take 3 days, because they are closed over weekends.  Angry  We desperately need more merchants to start using the Lightning Network now or they will stop supporting Bitcoin.    Angry
hero member
Activity: 1932
Merit: 506
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There is a big possibility that I am going to use it especially if I have some extra money that I can spend for my needs. Using crypto currency as payment option is very interesting, not only that it will make your shopping easy but also you can save time.

But I am hesitant if when it will happen but I am hoping that the big companies out there will start to accept crypto currencies as one of their payment option in the near future.
member
Activity: 690
Merit: 12
There are consequences for every action
What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

Personally i would
 I use amazon to get my electronics and I use it to send gifts too
So amazon accepting bitcoin will only make it more easy and sweet for me

But for other newbies; I’m not sure they are ready
legendary
Activity: 2912
Merit: 1068
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I think such webshops are future. In general people would like to have the place with large spectrum of goods where they could spend their coins because people like the feeling that Bitcoin actually have the use in real life.
The problem for merchants and for buyers as well is volatility. When there will be some solution that could overcome that, shops accepting cryptocurrency would become normal.
full member
Activity: 924
Merit: 148
The problem is that most of those websites that sell different stuff for crypto are generally selling garbage. Not really garbage but the range of the stuff they sell gonna be such small that I won't eventhink about looking for such websites. There is no sense in searching for a new crypto amazon until the old one would start accepting cryptocurrencies.
full member
Activity: 714
Merit: 114
It all depends on the amount of fee that we would face on ordering at some online store like that,
For example we all know that there would always be a shipping fee and of course we are talking about crypto so there would be a transaction fee.
So why would I use my crypto if it would cost more than just paying with Fiat?

Shipping fee is only normal on an online shopping sites . Usually you will incure a higher shipping cost if your from a province area  but the transaction fee will always be dependable on the price of cryptos  .  

The lower the cryptos value the lower the fees and the higher the cryptos  value the fee will also be higher  . Online shopping is not for all especially if you a budget person  , you will always find online items expensive than on local  .
sr. member
Activity: 994
Merit: 257
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It all depends on the amount of fee that we would face on ordering at some online store like that,
For example we all know that there would always be a shipping fee and of course we are talking about crypto so there would be a transaction fee.
So why would I use my crypto if it would cost more than just paying with Fiat?
sr. member
Activity: 882
Merit: 301
To be honest, I would hesitate to use BTC in buying stuff on online stores at this point. I still do not have that much that I can spend freely. If I get more profit, then I would be more willing.
full member
Activity: 2240
Merit: 187
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I would use it but not all the time. It depends on what is available to be spent. In retrospect, if amazon or ebay decide to accept crypto, it would cause a huge pump and is also a huge step for adoption.
sr. member
Activity: 1176
Merit: 301
It all depends on what benefits could I get if I use this site or online store .
Because there are other online store that would give an option that pays COD and if I use Bitcoin it means I would pay before the shipment be deliver ,
And there is a problem about it sometimes it could be a scam because they could sent you a false item and here in the Philippines it always happens so that is why I only choose COD when shopping online.
full member
Activity: 588
Merit: 101
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What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?
Well if Amazon or Ebay really accept bitcoin, then i will use it. I usually use amazon when buying something online, so it's a benefit for me if Amazon accepting bitcoin.

It would be good though if that is really happened, pretty sure many bitcoin users will use bitcoin too if both sites accepting bitcoin.
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