Which one will you used? - page 3. | Bitcointalksearch.org

hajimasan

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Quote from: xuan87 on March 07, 2017, 06:32:52 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 surely pay through the Fiat only .
The reason to pay through the Fiat only is not only single .
Think here throughly that what will happen if the price of the Bitcoin sudden increase after hour of the payment .
Here Fiat payment remain constant and take less charge as an fee but in case of Bitcoin payment we will face more problem ,.if the price increase after payment then our mind will say to own again and again that why I made that payment .
secondly the shopkeeper will not direct trust on you for the direct payment and go away , he will wait for atleast one confirmation because the reverse in the payment of the Bitcoin is a common thing before the confirmation .
So here we need to do something more changes and development then we can say that we will pay in Bitcoin definitely .

Maxsumi

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Quote from: xuan87 on March 07, 2017, 06:32:52 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 would use the Bitcoin as a way to pay in shops. It is a great way to use The Bitcoin, and more people will join BTC, because you can now pay with it.

If this happens then more and more shops will do it because they don't want to be left behind by other stores.

Pursuer

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

so far I have always used bitcoin as payment option if the shop that I am visiting offers it and in some cases if the shop/service/merchant is not accepting bitcoin payment and I am a frequent buyer there, I have asked them to add bitcoin payment. for example Steamstore.

Quote

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?

this is the mentality that needs to change.
if you have 0.0008BTC in total then obviously just hold that amount for the future to be able to buy 2 apples! but if you have 0.01BTC then spending 0.0008BTC is a good idea for multiple reasons.
first you are taking some profit from your investment, you shouldn't be just selling to fiat in order to make profit. you can do it like this too.
second you are helping the adoption. people keep saying there is nowhere to spend bitcoin but how many of you can say you asked a merchant to accept bitcoin?

sevendust777

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At first if there's a shop that accepts bitcoin here in my country, I will used both bitcoin and fiat as this are easy way As payment. Anyway here it goes for me its a case to case basis, If i have much more btc in my wallet Ill used it as payment. And, if easy for me to pay into fiat I will use it also as payment.

barnes13

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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.

bravehearth0319

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

For what is going on now in an online shop industry, there was a site who accepted bitcoin which is amazon.com and allexpress is also accepted bitcoin. And here in my country we had a merchant online accepted bitcoin travel tour. Still this things will depend on the place or country.

stevano

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usually if a payment using bitcoin the price of goods is always adjusting the exchange rate bitcoin, for example, the price of apples is now 1 kg is $ 10 then the value of rate bitcoin how so we paid $ 10 with bitcoin worth $ 10 that so even if the price of bitcoin up and down a fixed price only we pay nominal bitcoin its course is always adjusting her.
so I still prefer it because bitcoin easily and securely carry around

Jeremycoin

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

It depends, if I have more Bitcoin than my fiat then I will use my Bitcoin. But if I have more fiat than my Bitcoin, then I'll use my fiat.

Quote from: xuan87 on March 07, 2017, 06:32:52 AM

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

This goes the same way around. If I use Bitcoin to pay for 1 apple which is BTC0.0008 today and tomorrow I need more apple but with BTC0.0008 I can't afford to buy an apple anymore, then shouldn't I just spend all my Bitcoin to buy more apple from the first place?

erickkyut

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

If I found a shop that accepts both bitcoin and fiat as a mode of payment, the medium I will use to pay depends on the accessibility of the shop. For example, I'm having to be in travel and the shop is near in my location, I will use fiat to buy there butif the shop is very far from me and I need to buy something and they are offering an online shopping, I will use bitcoin to buy. The factors that I will consider on which payment option to use are the accessibility and the convenience for me.

dihari

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

That's why bitcoin will not replace dollar. Bitcoin will crypto currency with dollar as the comparator. So if you choose and accept bitcoin as payment in your business, the price is not specified by bitcoin, but it's specified by dollar and the convert to Bitcoin.
For example. I have a travel agency that accepting bitcoin as payment for my product. Let say for 3d2n tour package in Lombok customer have to pay $200 in bitcoin. If today 1btc worth to $1200 customer will pay in bitcoin about 0.17 btc. If 2 weeks later a customer book the same package when bitcoin worth to $2000, he will pay 0.1btc for this. I always get $200 in different amount of bitcoin.

shinratensei_

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I will still to choose the fiat. With the technical problem of bitcoin and i will never use it for the daily transaction. Fiat still becomes the main currency for everyone in the real life. I don't want my transaction gets a stuck on the bitcoin network and will be delivered in next day.

royalfestus

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Quote from: ukasyah on March 08, 2017, 01:50:36 AM

it depends. if I can buy something with fiat, I'll use fiat. however, if the shop selling the thing I want to buy is far, let's say it's abroad, then I will use bitcoin as long as the shop accept bitcoin. because bitcoin is more profitable as investment.

The two have their advantages when buying online most especially when the store is not reliable. Trade with coin might not be refunded if your purchase is not delivered, it is a mindset you prepare yourself for, Not that that it happens every time. Most banks offer this services if u try. My observation is that localbitcoin traders get your bitcoin into fiat at higher rate base on dollar at blackmarket in some countries. Going to market with fiat converted will make a cheaper purchase

avikz

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The kind of people you have pointed out, I am one of them. I treat bitcoin as an investment and not as a currency. So if a shop owner accepts payments in bitcoin and fiat both, I will definitely use fiat currency and not my bitcoin. The reason is the same as you have mentioned. If you compare the price volatility, then you will actually end up loosing more that the cost of the product.

But I think you don’t need to be worried about the transactions of bitcoin. The bitcoin is widely accepted in online world and new merchants are added every single day. So the transactions are happening, but not for the silly things like daily groceries or mobile recharge.

Blackdeath

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Quote from: jeraldskie11 on March 07, 2017, 07:09:03 AM

Quote from: xuan87 on March 07, 2017, 06:32:52 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 want to used bitcoin for shopping because I want to buy what I want instantly without exchanging it into legal money but before that happens, bitcoin need to adopt in the country. Sadly, there is no shop for bitcoin payment in our country for now and I hope it will be adopted in our country sooner.

I prefer using bitcoin because it is very famous nowadays. We all know that bitcoin is used by many people in different countries. Eventhough that some countries doesn't support bitcoins we can say that if they will study how bitcoin works and what are the advantages of using it, it will make them to realize that bitcoin is a good one and very helpful thing when it comes to fast transactions in online buying and some stores. It is hassle free and no need to bring some high amount money. Bitcoin is a very helpful currency and it helps many people nowadays to have a good earnings and some people may get rich becausw of it having a high value that continuous increasing. Goodluck Bitcoiners!

Bitcoinsummoner

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Quote from: xuan87 on March 07, 2017, 06:32:52 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?

In my own i think if the site is not well known i will choose the safety way of payment like paypal as fiat.. but if the site is well know like steam or purse i can spend my bitcoin to them.. i am just thinking always for safety way so that we can not lose a money or scam. .

roadbits

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Quote from: Vaccinus on March 08, 2017, 12:10:32 PM

Quote from: Oralmat on March 08, 2017, 11:12:08 AM

Firstly, I have not seen any shop in my country to buy something with bitcoin. But just for example, if i have choice to use both fiat and bitcoin. Than i will prefer to use bitcoin, because now i have no experience to use bitcoin in open market. But only i want to use bitcoin in first time, may be in second time, i don't want to use bitcoin, i will prefer to save bitcoin instead of use.

bitcoin is used better online, there are many shop online take a look at them and try to use bitcoin, i do it all the time when i need something to purchase, the fee are quite bad now with all this block limit issue, but still better than paying with debit card imho, and don't forget that with service like purse.io you can kill the fee with their 20% discount, this really help bitcoin a lot

I will also use Bitcoin to purchase my things. But to buy an apple or small things I use to pay fiat currency. For the small amount, it is very complicated to calculate the value of BTC, and sometimes the BTC transfer chargers are high to compare the value of the product. But I will play my mobile bills and electricity bills through Bitcoin. I don't like to spend my fiat currency it's must needed for me.

BrewMaster

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Quote from: xuan87 on March 07, 2017, 06:32:52 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 actually choose bitcoin as i have many times before. and i have never thought about the profit that i miss out on, the though obviously have crossed my mind but i never regret spending small amounts of bitcoin such as 0.01-0.02BTC

amacar2

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I will use fiat and not bitcoin, i treat bitcoin as an investment (safe one) rather than a money that i have to use for my daily expenses. I like to store bitcoin for next few years, price has been doubled within few years so it is likely that price will double again within next 2-3 years so i am storing my wealth in bitcoin rather in my local banks which has only 10% yearly interest.

Soul Reaper

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It is a good question.
I would retain the Bitcoins ,I have earned with me.
But you have a valid argument that I every one stops using it then it will be literally good for nothing.
But this is not practically possible,
Because as of now there are millions of people using bitcoins,
And mind it they are happy with it.(most of them)
So why would they immediately stop using it.
So as a conclusion I would prefer using fiat for daily transactions.
Because history favours them i.e.their cost has increased exponentially wrt to time.
So I consider bitcoin as a form of investment.

Vaccinus

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Quote from: Oralmat on March 08, 2017, 11:12:08 AM

Firstly, I have not seen any shop in my country to buy something with bitcoin. But just for example, if i have choice to use both fiat and bitcoin. Than i will prefer to use bitcoin, because now i have no experience to use bitcoin in open market. But only i want to use bitcoin in first time, may be in second time, i don't want to use bitcoin, i will prefer to save bitcoin instead of use.

bitcoin is used better online, there are many shop online take a look at them and try to use bitcoin, i do it all the time when i need something to purchase, the fee are quite bad now with all this block limit issue, but still better than paying with debit card imho, and don't forget that with service like purse.io you can kill the fee with their 20% discount, this really help bitcoin a lot

Topic: Which one will you used? - page 3. (Read 5069 times)