Topic: shopping with BTC - page 5. (Read 1456 times)
I think it is not very good, because we know the bitcoin price is always changing, it is very much a loss if we use bitcoin for payment because if we trade with the original currency we can get a little profit though.
Bitcoin shopping is becoming increasingly more difficult as time goes on due to the problem with fees we are currently experiencing. Unfortunately, fees are so high right now and not only that, they are a lrge percentage of small purchases. And then the onfirmations take so long there is a double-spend problem on top of that that companies need to be woried about.
I agree with you brother, Today because we do not have complete discretion in bitcoin shopping memories, we have seen various problem, so bitcoin shopping memorandum is a greater need for knowledge. 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?
Definitely bad. The online store that sells stuff with bitcoin will trade it instantly for cash and it may cause of falling of the bitcoin price.
I think this is not true. Everytime that a site will sell there are buyers. What if the buyers just hold the coin and wait for the right time to sell it.
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?
Definitely bad. The online store that sells stuff with bitcoin will trade it instantly for cash and it may cause of falling of the bitcoin price.
I think that's something bad, because certainly when more and more people are selling bitcoins for the necessities of life like shopping, then it will make a bitcoin dump. remember that the spreading and volume affect the bitcoin price. but I would be happy if bitcoin is used as a transaction tool and it would be advantageous for bitcoin users.
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?
I don't think its a good idea to spend your bitcoin just to buy stuff because we all know that the price of bitcoin will continue to soar higher so better to Hold it or convert it into fiat money then buy the things that you really need.
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?
Is it good, is it good to have btc movement contastly because when they don't the price get's stuck.
I have to bury that hope, it's hard to do the government still thinks Bitcoin is illegal.
maybe today is the bank's decision to keep an eye on every Bitcoin transaction.
maybe today is the bank's decision to keep an eye on every Bitcoin transaction.
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?
I think shopping with bitcoin is good, because is fast and easy to do transactions.
I hope in my country will accept bitcoin for buying anything. I see in some country already they accept bitcoin for sell their stuff.
Definitely it's bad and impractical to use Bitcoin for shopping these days. The fee is killing us. $10-$13 still huge for the fee. Also still Bitcoin is not widely accepted on many stores worldwide. Like in my country (Philippines), it's very rare to see any store that directly accepts Bitcoin as a mode of payment for their goods you buy to them. The only thing you can do is convert Bitcoin to fiat. I think it's more convenient since cash is widely accepted and most of all, no fees to pay. Anyway, i will not use my Bitcoin unless it's very important. Bitcoin price is skyrocketing right now.
I think that it is also impractical to use in bitcoin not just because of the high fees but also because of its volatility. Bitcoin is so volatile that anytime of the day, month or year, its price would be skyrocketing or crashing. But for this year its price had a big growth and because of it many people became interested with bitcoin. There will be more people investing in bitcoin and using it for shopping will a great loss for better opportunity.
Just cashing out or exchanging my bitcoin to local currency is already a hassle because of the high transaction fees so I don't foresee the use of bitcoin for shopping as applicable for now. Currently, there are not much retail stores in my country which accept bitcoin and asides from that, it's not yet that well known or mainstream. As of now, people prefer to treat bitcoin as an investment rather than as a mode of payment because of the lack of availability.
Definitely it's bad and impractical to use Bitcoin for shopping these days. The fee is killing us. $10-$13 still huge for the fee. Also still Bitcoin is not widely accepted on many stores worldwide. Like in my country (Philippines), it's very rare to see any store that directly accepts Bitcoin as a mode of payment for their goods you buy to them. The only thing you can do is convert Bitcoin to fiat. I think it's more convenient since cash is widely accepted and most of all, no fees to pay. Anyway, i will not use my Bitcoin unless it's very important. Bitcoin price is skyrocketing right now.
I think that it is also impractical to use in bitcoin not just because of the high fees but also because of its volatility. Bitcoin is so volatile that anytime of the day, month or year, its price would be skyrocketing or crashing. But for this year its price had a big growth and because of it many people became interested with bitcoin. There will be more people investing in bitcoin and using it for shopping will a great loss for better opportunity.
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?
I think shopping with bitcoin is good, because is fast and easy to do transactions.
I hope in my country will accept bitcoin for buying anything. I see in some country already they accept bitcoin for sell their stuff.
The number of people worldwide who pay with BTC is increasing daily.
This means that the real value of the BTC is also increasing.
As more and more people invest in the BTC, we are also seeing a shortage effect and the price is rising.
In some high-inflation countries such as Zimbabwe, more and more citizens are buying their goods with BTC.
This means that the real value of the BTC is also increasing.
As more and more people invest in the BTC, we are also seeing a shortage effect and the price is rising.
In some high-inflation countries such as Zimbabwe, more and more citizens are buying their goods with BTC.
Sellers would definately be very happy to accept bitcoins for good, bcz value of bitcoins is keeping up and up. Hence, I would expect a bigger return for the sold item paid in bitcoin. It is also good for the buyer as bitcoin has higher power to give high returns
Sellers should be very happy to accept bitcoins for good, as the value of bitcoins is keeping up and up. Hence, I would expect a bigger return for the sold item paid in bitcoin. It is also good for the buyer as bitcoin has higher purchasing power.
Are you copying and use my comment as it was your? Come on, sir, be more original.
Bitcoin shopping is becoming increasingly more difficult as time goes on due to the problem with fees we are currently experiencing. Unfortunately, fees are so high right now and not only that, they are a lrge percentage of small purchases. And then the onfirmations take so long there is a double-spend problem on top of that that companies need to be woried about.
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?
I have also thought about this because I buy most of my items through a payment processor the same as bitpay but just another company but it works exactly the same. The seller adds bitpay and chooses he they want to be paid. It is mostly bank transfers so I pay bitpay btc and they pay the seller with a bank transfer and take a small cut. In this way the seller attracts the attention of a customer like myself and seals the deal. This gives the seller more exposure because I would not buy as much from this shops if they didn't accept Bitcoin. I think k if they sell it for fiat it most likely won't effect the price because it's just giving my Bitcoin back so if I buy 1btc and spend it and they sell it back again we sit again at 0btc so unchanged. But things don't always work out perfectly so it might make the price go up through stimulation of the transfers.
Definitely it's bad and impractical to use Bitcoin for shopping these days. The fee is killing us. $10-$13 still huge for the fee. Also still Bitcoin is not widely accepted on many stores worldwide. Like in my country (Philippines), it's very rare to see any store that directly accepts Bitcoin as a mode of payment for their goods you buy to them. The only thing you can do is convert Bitcoin to fiat. I think it's more convenient since cash is widely accepted and most of all, no fees to pay. Anyway, i will not use my Bitcoin unless it's very important. Bitcoin price is skyrocketing right now.
Adoption and real world use are 2 things that bring value to the coin, so shopping with Bitcoin will only do good for the future of cryptos. The 10k Bitcoin for 2 pizzas guy is often mentioned as someone who made a very bad decision, but would we be here if that transaction never took place? Good food for thought...
Since the world has accepted bitcoin as an alternative currency, online shopping can be done with bitcoins.Now a days the value of bitcoin is increasing the traders would be happy to accept bitcoins.
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?
of course very good, in addition to safer, the efficiency is not in doubt, hopefully, it will not only be a discourse ... What do you think? Will shopping with BTC be good or bad for BTC?
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