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Topic: Which one will you used? - page 2. (Read 5089 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
March 15, 2017, 09:33:35 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

In my experience price for the same thing varies on different places. Before I buy anything I check prices first in shops close to me, then I look what is the price in other cities (here I always count delivery plus) and internet sale, I choose place where I have best price and terms. I don`t care so much which of the currencies I will use as much as I care about above written, and for now ebay, amazon, even some things in shops in my city same thing are cheaper then same thing for bitcoin (I didn`t try purse.io where we can buy giftcards for bitcoins and spent it at mentioned sites). I hope that will change, and bitcoin shops will need to think about making some discounts if they wish to attract customers.
legendary
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
March 15, 2017, 09:26:33 AM
As I have not used bitcoin till now for any of the purchase or bills I'll prefer bitcoin to experience how it works. Later on with the same I can get the advantages of using it.

For experience. Okay that is cool. I might try it also just for an apple.
But still I would want to wisely spend every satoshi after that. Looking at the price it says all the reason to keep it. Then, looking at the whole year of 2016 of how it grows drastically you will have a stronger reason to why hold it and add some more. Merchants will really have a hard time to sell their items through this currency. They should consider other options.
hero member
Activity: 714
Merit: 500
March 15, 2017, 09:24:39 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
Good question.Well, i would go with my fiat for the reason you have mentioned in your post.Bitcoin would grow day by day but fiat would remain almost same.Bitcoin is digital gold and nobody would be ready to spend it for buying some stuffs in shop.
hero member
Activity: 3024
Merit: 629
March 15, 2017, 09:23:19 AM
I still prefer to pay in fiat because i dont want to spend my bitcoin for something that is not really needed. as an investor every seconds are important because of the movement of price, better to save than to spend. and in our location its very rare to see merchants accepting it as payment so even if you are fine spending your btc you have no choice but convert it first or get btc debit card to be able to use it.
sr. member
Activity: 322
Merit: 250
March 15, 2017, 09:10:52 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I will continue to use my Fiat since currently where I am, there is no place to buy anything that accepts btc and if I say I want to go online the amount I will be paying will be more considering the trust issues and other costs that will be embedded in the cost of the goods. All I need to do in curing myself of such stress is just to convert then buy. Simple as that.
hero member
Activity: 910
Merit: 507
March 15, 2017, 09:06:27 AM
Of course I pay for fiat. What's the money you if you did not spend it. And therefore called bitcoin investment because you want to grow your money. If you have yet a fiat do not touch your bitcoin. Then you just spend the bitcoin when you have no money.
legendary
Activity: 3080
Merit: 1500
March 15, 2017, 08:54:14 AM
I consider myself an investor of Bitcoin and not a silly spender. So given a choice, I would prefer fiat currency to pay to the shopkeeper. I would not touch my bitcoin unless it is absolutely needed.

As you have mentioned in the second paragraph, I too agree with it. With highly dynamic pricing, you will end up giving away your fortune for silly purchases. So I use fiat currency for my daily living and always save up my bitcoins for future. I will probably keep those bitcoin for another 5 years with me and then according to the market value, I will sell those for something really luxurious.
sr. member
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Leading Crypto Sports Betting & Casino Platform
March 15, 2017, 08:47:45 AM
As I have not used bitcoin till now for any of the purchase or bills I'll prefer bitcoin to experience how it works. Later on with the same I can get the advantages of using it.
sr. member
Activity: 406
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Veni, Vidi, Vici
March 15, 2017, 08:42:40 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

As many questions the answer is not black or white but it depends. So if you want other people to adopt bitcoin as currency then you have to ask it. That is, when you buy something you could ask if they accept bitcoin as currency. Meanwhile if there are many customers who do the same question and they try to find the particular shop who accepts this medium of payment then their desire is a demand; In this way the merchants are forced to happily accept bitcoin in order to increase their customers base. 
hero member
Activity: 2464
Merit: 594
March 15, 2017, 07:46:04 AM
How can we use bitcoin for shopping if no online merchants is adopting bitcoins? I've got confused. I am willing to spend my bitcoin for online shopping, but if cash on delivery is available then I would prefer to choose it first.
legendary
Activity: 3038
Merit: 1169
March 15, 2017, 07:30:58 AM
I choose the shop that are accepting bitcoin as payment, I think direct transaction with bitcoin would then make other shop realizes the usefulness of bitcoin and I think it is a hustle free for the community like myself that are still converting my bitcoin to fiat to buy in any shop in my country this will make my time worth while and would really make the transaction real fast.
hero member
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DGbet.fun - Crypto Sportsbook
March 15, 2017, 07:12:07 AM
#99
For now I still convert Bitcoin to my local currencies and buy what I need, why I do this because there's no much shop in my country accept Bitcoin as a payment and though there's goods they are sell is not goods for daily use.

You are right in that point. The current condition of bitcoin nowadays displays bitcoin as a stock more than as a currency. There are only a few and selected place both offline and online that accepts bitcoin as a mode of payment but majority thinks of bitcoin as a stock. With this reality we have no choice but to trade our bitcoin to local cash so we can purchase the things that we need.
This scenario would really be normal and i do believe most bitcoin holders are doing the same thing since there are no lots of stores that do accept bitcoin which we could able to spend directly our bitcoin to it. Same as yours i do actively spend my bitcoin to fill up the needs for everyday living but i do still save some of it.
legendary
Activity: 2282
Merit: 1041
March 15, 2017, 06:37:09 AM
#98
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

On a second thought I think I will use both depending on the items each shop had to offer. Maybe I might be looking for items in the shop accepting Bitcoin and do I will prefer paying in Bitcoin instead of cash but I will have no option but to pay cash in the other shop since they don't accept Bitcoin at all if it happens that the items I need are in that shop.

So you actually will buy an apple online?  Grin Kidding.
 
Its going to be a headache for an online store owner to only accept btc but accepting paypal too is a hell of chargeback issues. It will probably make sense to use a 3rd party for this to work for the preferences of bitcoin holders and paypal/payoneer users. Personally, I will only use bitcoin for investments, trading and gambling and nothing more.Buying using paypal however is an option for me.
sr. member
Activity: 406
Merit: 250
March 15, 2017, 06:27:44 AM
#97
As far as I know, there are already a number of places to develop such stores, and have a city of their own bitcoin. There, every transaction is paid by bitcoin, anyone owns the bitcoin for themselves. That's a great thing, everything is fast and convenient, a life of technology that we always dreamed of, think of the future, someday, as technology grows, it's like In science fiction films. It may not be a bitcoin, but it will be a similar, new and beautiful technology platform.
sr. member
Activity: 686
Merit: 253
March 15, 2017, 06:13:53 AM
#96
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

On a second thought I think I will use both depending on the items each shop had to offer. Maybe I might be looking for items in the shop accepting Bitcoin and do I will prefer paying in Bitcoin instead of cash but I will have no option but to pay cash in the other shop since they don't accept Bitcoin at all if it happens that the items I need are in that shop.
hero member
Activity: 994
Merit: 544
March 09, 2017, 06:53:52 AM
#95
For now I still convert Bitcoin to my local currencies and buy what I need, why I do this because there's no much shop in my country accept Bitcoin as a payment and though there's goods they are sell is not goods for daily use.

You are right in that point. The current condition of bitcoin nowadays displays bitcoin as a stock more than as a currency. There are only a few and selected place both offline and online that accepts bitcoin as a mode of payment but majority thinks of bitcoin as a stock. With this reality we have no choice but to trade our bitcoin to local cash so we can purchase the things that we need.
hero member
Activity: 896
Merit: 500
March 09, 2017, 06:50:09 AM
#94
I think the use of bitcoin for shopping is a good thing, and its value is a very normal matter, when we accept bitcoin, we accept it. We have to accept the risk, bitcoin price is always worrying, but that can be overcome. We are the buyers, we are less influenced than the merchants, and they own a larger amount of bitcoin, so the impact they bear is greater. I was so in wait for such a shop in my countryside
sr. member
Activity: 434
Merit: 250
March 09, 2017, 05:40:14 AM
#93
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I guess its because of the nature of bitcoin when its come to price volatility , many businesses does not accept bitcoin as their alternative mode of payment in fear of being bankrupt when the price of bitcoin suddenly fall down ! imagine if you are the owner of a business and you just found out that the price of bitcoins suddenly turned its half of its original price , imagine how much loss will bring it to your business ?
hero member
Activity: 1330
Merit: 569
March 09, 2017, 05:29:45 AM
#92
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

Currently, I will still prefer to use Fiat whether that will be more expensive or not because that is the only choice I have now to get my apple because over here, we have no stores that accept btc around here. And I cannot because of that order for Apple from another country. But coming back few years from now to answer this question, I will be able to decide which one is more cost effective.
legendary
Activity: 2282
Merit: 1041
March 09, 2017, 05:28:20 AM
#91
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

For someone who constantly earn bitcoin from signature campaign, I may be considering to pay bitcoin for one apple than cashing out my bitcoin when all I want is just one apple.  Either way, Bitcoin will be spent whether online of offline. The moment its gets to the hand of someone eager to invest to some altcoins, it will be spend and will help the circulation of the money. But if I however have the money in my pocket, I'd rather be paying fiat paper for I don't need to scan QR code and reveal my address to some sellers.
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