NYC food trucks takin bitcoin now? but how do we get their suppliers too?

turvarya

hero member

Activity: 714

Merit: 500

Quote from: Ghaleon16 on October 17, 2014, 05:38:05 PM

Quote from: turvarya on October 17, 2014, 02:56:16 AM

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

Not sure what the "get rich quick " plan. If you see it please let me know. I don't day trade, suck at it.

Did you read the article? what it is talking about is essentially economic terraforming. This is a long painstaking process frought with risks, obstructed by ignorance and loaded with clogs and blockages. Essentially it is economic terraforming, the exact opposite of a "get rick quick" anything. Nothing quick about it. Not sure where my riches come into play either. lol Only got a few coins left, maybe not even two.

I spend alot of time educating merchants and folks. Just gave away some btc to break dancers and a poet and spent time telling them about Bitcoin. Please feel free to donate to me so I can get rich quick.

19t6Y7DXyh3jseYt3CtrWGXH3sEmrDhR7W

Every lil bit helps lol.

We all need to work together to close the circle on the street, where it counts.

I honestly apologize. I obviously judged to early.
But looking at your profile: you are pretty new here and you have some strange url in your signature, I thought it was some get-free-bitcoins-referal-link(I don't click on every url I see), combined with your implicit statement that (short time) Bitcoin Price matters set up the "oh, damn, another newbie"-alarm.

Ghaleon16

newbie

Activity: 11

Merit: 0

Quote from: turvarya on October 17, 2014, 02:56:16 AM

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

Not sure what the "get rich quick " plan. If you see it please let me know. I don't day trade, suck at it.

Did you read the article? what it is talking about is essentially economic terraforming. This is a long painstaking process frought with risks, obstructed by ignorance and loaded with clogs and blockages. Essentially it is economic terraforming, the exact opposite of a "get rick quick" anything. Nothing quick about it. Not sure where my riches come into play either. lol Only got a few coins left, maybe not even two.

I spend alot of time educating merchants and folks. Just gave away some btc to break dancers and a poet and spent time telling them about Bitcoin. Please feel free to donate to me so I can get rich quick.

19t6Y7DXyh3jseYt3CtrWGXH3sEmrDhR7W

Every lil bit helps lol.

We all need to work together to close the circle on the street, where it counts.

turvarya

hero member

Activity: 714

Merit: 500

Quote from: skyzer on October 17, 2014, 05:08:32 PM

Quote from: turvarya on October 17, 2014, 02:56:16 AM

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

OP is at least pushing bitcoin to the masses. Eventually won't happen by doing nothing. Introducing bitcoin to new merchants through videos is IMHO brilliant. First they convert their bitcoins to fiat, but while they learn more and more about bitcoin, will begin to understand it and try it out themselves. Slow process indeed, but some of people in crypto space are taking actions.
As I see OP has bitcoin payment processor and foursquare style map means easybitz is here for a long term

Did OP make that video? I thought he just found it on YT.
But sure, if he did, kudos to him

Ghaleon16

newbie

Activity: 11

Merit: 0

Quote from: Kluge on October 17, 2014, 02:26:09 AM

I know there's at least one cattle ranch taking coin. So.... supply and demand. If there should eventually be a significant number of food trucks taking bitcoin, it's more likely their suppliers will. It all snowballs, or branches out... whatever you want to call it. Customers service end-business which takes coin, ranch services end-business, farm services ranch, and now the bakery has the option of a supplier taking coin, too. Assuming the end-business isn't immediately converting coin, they may be particularly interested in being able to buy their needed supplies for coin - in which case, more BTC customers = more coin = higher likelihood of trying to find suppliers taking BTC.

Exactly.

The fun part will be seeing how fast it all happens and at what moment business realize they don't need dollars anymore to sustain their business or daily life. Then the volatility will disappear because people can just stick to bitcoins. Not everyone will be out to day trade btc to dollars even if they can make a profit, just like most folks don't go trading fiat currencies every day.

The key is retail acceptance. this is the best chance to close the circle. I am trying to signup shops nar NYC now.

skyzer

newbie

Activity: 27

Merit: 0

Quote from: turvarya on October 17, 2014, 02:56:16 AM

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

OP is at least pushing bitcoin to the masses. Eventually won't happen by doing nothing. Introducing bitcoin to new merchants through videos is IMHO brilliant. First they convert their bitcoins to fiat, but while they learn more and more about bitcoin, will begin to understand it and try it out themselves. Slow process indeed, but some of people in crypto space are taking actions.
As I see OP has bitcoin payment processor and foursquare style map means easybitz is here for a long term

micky123

legendary

Activity: 1022

Merit: 1005

Quote from: PL_CoinTrader on October 17, 2014, 02:56:49 AM

Imho you missed a point which is the actual reason why merchants can't hold or use their earned bitcoins. It's volatility.
Even if every part in the circle accepts bitcoin each merchant will immediately convert their btc to fiat because they can't play with bitcoins volatility, it's too risky to keep btc until they buy something with it.

Which is what i think banks are hoping for, they do not want BTC to succeed simply because they are losing their hefty fees that they would otherwise charge. I think the reason BTC is volatile is because banks have bought a fair bit of bitcoin and play around with them to show normal folk that BTC is very volatile, which in turn scares away the average joe from investing in BTC. Dirty game, but they need to do it to survive i guess Tongue

PL_CoinTrader

full member

Activity: 226

Merit: 100

Imho you missed a point which is the actual reason why merchants can't hold or use their earned bitcoins. It's volatility.
Even if every part in the circle accepts bitcoin each merchant will immediately convert their btc to fiat because they can't play with bitcoins volatility, it's too risky to keep btc until they buy something with it.

turvarya

hero member

Activity: 714

Merit: 500

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

Kluge

donator

Activity: 1218

Merit: 1015

I know there's at least one cattle ranch taking coin. So.... supply and demand. If there should eventually be a significant number of food trucks taking bitcoin, it's more likely their suppliers will. It all snowballs, or branches out... whatever you want to call it. Customers service end-business which takes coin, ranch services end-business, farm services ranch, and now the bakery has the option of a supplier taking coin, too. Assuming the end-business isn't immediately converting coin, they may be particularly interested in being able to buy their needed supplies for coin - in which case, more BTC customers = more coin = higher likelihood of trying to find suppliers taking BTC.

micky123

legendary

Activity: 1022

Merit: 1005

Quote from: jbreher on October 16, 2014, 05:20:56 PM

Quote from: micky123 on October 14, 2014, 09:34:51 AM

The monetary system will not collapse as long as the US keeps printing dollars without any backing.

Riiiiight....

Eh! damn, maybe i meant the monetary system will collapse Grin

! You billionaire , trillionaire you Wink

Chronos Slayer

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Activity: 18

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dang i didn't know or i could go there Grin

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: micky123 on October 14, 2014, 09:34:51 AM

The monetary system will not collapse as long as the US keeps printing dollars without any backing.

Riiiiight....

skyzer

newbie

Activity: 27

Merit: 0

would like to see every street vendor accepting bitcoin

iwillwin

newbie

Activity: 28

Merit: 0

This story reminds me of an incident where a hard drive containing Bitcoins worth millions was dumped in a garbage heap. I just visualized a pick up truck doing it.

itsAj

hero member

Activity: 588

Merit: 500

Bitcoin really helps on the ground merchants without the need for counting change. Glad to see they are accepting this.

MF Doom

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Merit: 500

Quote from: gog1 on October 14, 2014, 09:43:21 AM

The point is not merchant accepting bitcoin. The point is merchant accept bitcoin and provide some of the benefits back to the people who pays in bitcoin!

Why would the average Joe go buy BTC then spend BTC instead of just using cash / CC / etc.?!

Right, like 10% off to all bitcoin customers? But I dont think these companies really care all that much about taking bitcoins, they just want to boost sales in general

gog1

hero member

Activity: 756

Merit: 500

The point is not merchant accepting bitcoin. The point is merchant accept bitcoin and provide some of the benefits back to the people who pays in bitcoin!

Why would the average Joe go buy BTC then spend BTC instead of just using cash / CC / etc.?!

micky123

legendary

Activity: 1022

Merit: 1005

Quote from: LFC_Bitcoin on October 13, 2014, 08:00:00 PM

Quote from: sly5am on October 13, 2014, 07:46:13 PM

The circle will close when the banking system we use today, collapses, under the fake monetary system we all are forced to use. Bitcoin cannot be destroyed nor manipulated by the Forces of Wealthy entities that steal with impunity our works worth. This end is coming, are you ready?

That won't happen in our lifetime, don't be stupid.
We just need to get BTC accepted as a proper currency & adopted by lots more companies.

I think i tend to agree. The monetary system will not collapse as long as the US keeps printing dollars without any backing. TBH bitcoin can be manipulated quite easily right now as we have seen. The rich will continue to get richer by jumping on to the bitcoin bandwagon too. A small bit of negative news crashes the bitcoin market. I don't think this is a de-centralized currency yet because it can still be manipulated by a big group of whales. Agree with OP though, we need to get BTC accepted and get people to want to keep BTC instead of instantly redeeming them for Dollars. It is true that bitcoin when converted is also purchased by someone and that kind of makes up the circle, but it would be far better to have all deals closed with BTC. It should never really be tied to a failing currency like the dollar.

MF Doom

hero member

Activity: 560

Merit: 500

businesses are smart to take payment in bitcoin, but not enough new people are buying them...YET. I think this will change in the next year

n0rBit

newbie

Activity: 21

Merit: 0

Quote from: lihuajkl on October 13, 2014, 11:40:28 PM

It takes times before bitcoin is recognized by all of them. At least we are approaching there. There are more and more merchants accepting bitcoin payment.

Yes there are many small time merchants accepting bitcoin but the development is still very very slow.

Topic: NYC food trucks takin bitcoin now? but how do we get their suppliers too? (Read 2168 times)