Topic: shopping with BTC - page 6. (Read 1439 times)
its actually bothering cos you'd buy something today at a certain price with bitcoin just for bitcoin to have increased in value in some days and you realise you paid higher
BTC just should be omnipresent to get raised even more than currently 11k per one coin. It's clear as a day.
Why will shopping with bitcoin be bad? If bitcoin will be accepted as a payment method more people will buy bitcoin to use it to buy things so the price will go up. The shops will sell bitcoin but they are not going to sell it for the normal bitocin price in order to not be in minus with the profit.
Shopping with bitocin will surely help the price to go up but I dont think that is going to happen very soon because bitcoin fees are very high and it takes a pretty much time for the transactions to be confirmed, so it is hard for shops to add bitcoin as a payment method because they dont have any more advantages.
Shopping with bitocin will surely help the price to go up but I dont think that is going to happen very soon because bitcoin fees are very high and it takes a pretty much time for the transactions to be confirmed, so it is hard for shops to add bitcoin as a payment method because they dont have any more advantages.
Currently, my country is banned from using Bitcoin to buy anything. However, you can still deal with other people to transfer it to cash and use it. That is legal
No one will shop en masse with Bitcoin if they can help it. Why would you if you had depreciating money to hand instead?
The old 'merchants will dump' meme was dicsussed ad nauseam when merchant adoption happened in 2014. In the end it turned out that most of Bitpay's coins were disappearing straight into the pockets of OTC buyers so the effect on the market is at most neutral and more likely reducing supply.
A payment processor is a very dependable source for an OTC buyer.
The old 'merchants will dump' meme was dicsussed ad nauseam when merchant adoption happened in 2014. In the end it turned out that most of Bitpay's coins were disappearing straight into the pockets of OTC buyers so the effect on the market is at most neutral and more likely reducing supply.
A payment processor is a very dependable source for an OTC buyer.
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
It's a win win situation and will never be bad if the merchants sell them straight away and it's because its in demand that is why the sellers can easily get a competitive market to sell their bitcoins to. I don't even think these guys are going to sell them straight away because they will want to hold and also earn more as has been the trend with bitcoin lately.
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
It's bad i mean the price of btc is unstable . you could buy something that is worth 10$ today ,tomorrow the price raises and it will be as if you bought it with 13$ . Not to mention the high fees that are on it . So no i don't think it's such a great idea to shop directly with btc.
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.
He just asked about if the companies are damaging bitcoin by acquiring and instantly selling those bitcoins after selling stuff, not if it is a good decision to shop with bitcoin.
This kind of newbies are a garbage, they really need to pay more attention to the thread if they want to farm their accounts by that way.
And no, it is not doing anything to bitcoin, because any other person would be able to buy the bitcoins that the shop is dumping at the moment, so no, it is a round cycle.
Best choice right now. You can buy almost anything with bitcoin nowa days so It's really cool.
This kind of newbies are a garbage, they really need to pay more attention to the thread if they want to farm their accounts by that way.
And no, it is not doing anything to bitcoin, because any other person would be able to buy the bitcoins that the shop is dumping at the moment, so no, it is a round cycle.
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.
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?
Though is said to hit the mainstream soon but buying of stuff with bitcoin while the company sells it for cash is definitely not good for bitcoin price because it will literally cause some dump in price of bitcoin. What do you think? Will shopping with BTC be good or bad for BTC?
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?
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