Topic: shopping with BTC - page 3. (Read 1456 times)
I think it's good, and a progress can be transactions using BTC, meaning it does not have to be redeemed into cash currency, and that will affect the bitcoin price becomes higher.
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
There are many vendors that help bitcoin users to use their bitcoin. Of course it will be good if we can use bitcoin directly to purchase something . If it happen, it will increase the people interest of bitcoin, then it will make the prise rise. I hope not only for btc but also another cryptocurrency. What do you think? Will shopping with BTC be good or bad for BTC?
I shop with da TenX card soon it's pretty sick 
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
It's not the seller who sell the bitcoin right away. They use some third-party gateway who accepts the bitcoin and pays the vendor in fiat or traditional currency. So i guess the third-party holds the coin for themselves, thus not affecting the price of bitcoin. What do you think? Will shopping with BTC be good or bad for BTC?
shopping using bitcoin is very risky. because bitcoin can change very quickly. maybe if the high bitcoin price of the company will experience profits but if the bitcoin price drops then the company will only incur losses. should use fiat money better for buying and selling. because the price is stable. bitcoin just as an investment not to buy goods or services.
In a short term yes it will hurt bitcoin price as it will surely be considered it as dumping that will resulted to its decrease. But in the long term as mainstream as it be and many will buy bitcoin for this purpose it eventually be an investors numbers increases so demand add up and bitcoin price increases. This is the case for us now having in an adaptation phase and it will soon be better.
The possibilities of involvement of bitcoin in a normal day to day buying of goods can really happen and I think those big companies are now looking on it but I think it woulld affect the pricing of bitcoin and they are right it's either the buyer or the company will incurred loss because of the fact that the value of bitcoin fluctuates from time to time.
I think bitcoin pricing needs to be stable for that to happen. so whether stability happens because of the buying/selling mass adoption or financial markets adoption first, doesn't matter. At that point, you will hit the bigger problem. The transaction capacity of bitcoin itself.
We have also launched an android app that lets you buy and sell directly using bitcoin. https://play.google.com/store/apps/details?id=com.benipal.road
I have the discussion going on re: that in another thread. https://bitcointalksearch.org/topic/would-you-add-your-physical-location-to-your-payment-address-2535774
Sukhbir
If we could go shopping using bitcoin to pay for the goods, it means that the general acceptability of bitcoin is going up which is good for bitcoin. If more people accept bitcoin as a currency, the price of bitcoin will go higher as there will more transactions than in previous years and there will be higher circulation of bitcoin in the economy.
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
What do you think? Will shopping with BTC be good or bad for BTC?
Well, in our case i will say that It's good to shop with Bitcoin. Because If many stores will accept Bitcoin as mode lf payment, they are also one who will gain profits while holding their bitcoin. In the contrary, we will be benefited because we will be secured in holding our money, because nowadays, many snatchers are always aware for every people around them. That's why we need to secure. And one thing that i know, Bitcoin can have a transaction anonymously and fast. So, if you will pay to the shop, in just some seconds, your purchased thing has been paid.
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
What do you think? Will shopping with BTC be good or bad for BTC?
Of course it will be good, if there will be more companies who will accept it as a payment then bitcoin will have more demand since it will be widely used. and once the demand goes high expect for a higher bitcoin price.
Best choice right now. You can buy almost anything with bitcoin nowa days so It's really cool. Also , platforms like steam accept bitcoin for more than an year , I mean it's a biliionare company who made the smartest choice back in 2015.
There is no doubt in this that it appears really cool when you do some online shopping with bitcoin. Bitcoin is the future of the world currencies and this is the only reason large companies are showing great interest in bitcoin these days and accepting them as a mode of payment. Bitcoin is seriously going to astonish all of us by the amazing tendencies it has of increasing in value over time. In short, we should use bitcoin in daily life.
First you buy BTС, and then only you buy a thing for BTС. The seller of things can also pay off the manufacturer with the help of BTS or sell for cash. As a result, such a long chain of transactions increases the liquidity of bitcoin, and hence its value will grow.
Payment services such as TenX, OmiseGo and others help to convert various crypto-currencies and national currencies into each other, which simplifies and accelerates the use of payment systems.
Payment services such as TenX, OmiseGo and others help to convert various crypto-currencies and national currencies into each other, which simplifies and accelerates the use of payment systems.
It's good for bitcoin, but i haven't seen any place that accepts BTC yet
It depends upon the bitcoin holder whether they use their bitcoin or not on shopping online. If they want to use it even some online shopping has highest amount. if i were you i only use my bitcoin in important matters like the one that you need to your daily living.
every bitcoin users have their own thoughts, using bitcoin as a medium of buying and selling transactions or not, it is the opinion of anyone who would use it.
At this moment , stores that are willing to sell goods/services in exchange with bitcoin are very minimal, might as well save your bitcoin and wait for more stores that would openly accepts bitcoin as payment and would probably result to wide variety of choices . Plus transacting with bitcoin is really slow now and transaction fees are very high, based on my experience.
If you buy something with BTCs it's already good for BTC price as you are using the currency and moving it on the market, if the seller exchanges it into fiat it's another story... And it's not a problem at all, seems a sustainable system. Bitcoin is always in circulation, people are always using it to buy things, sellers are always exchanging into fiat and other people are always buying BTCs from these sellers to buy more stuff again.
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
using bitcoin to pay for the cost is a good thing it will be advantageous for the bitcoiner in the shopping What do you think? Will shopping with BTC be good or bad for BTC?
I can't see how shoping with bitcoin could be bad for bitcoin price. Bitcoin is used as a payment method directly or through debit card and that is one of the advantages that attracts users, I would say. Maybe is different story if you exchange bitcoins firts to fiat money and then buy some goods but general I think shoping with bitcoin could only make benefit.
I wouldn't spend my Bitcoins to buy things, I would like to wait for its All time high before converting it into Fiat, then there I would buy my self some things.
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
Maybe better to just buy stuff with your cash and not with bitcoin, I think it is not worth it, the seller would have benefited with it because as time flies, she/he also getting profit with the bitcoin you paid him/her. Instead that you are the one that will take of that profit, he/she will take it from you. What do you think? Will shopping with BTC be good or bad for BTC?
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