Would u pay in bitcoin? - page 10. | Bitcointalksearch.org

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: CEG5952 on June 10, 2014, 12:30:29 AM

Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

But it's not just for the first time -- if you start having some BTC on hand, you will always get these sort of discounts. IMO, in the future, some market niches (adult entertainment industry, for one) will use BTC and will give discounts for people to use it. No chargebacks...

The "immoral" industries, like porn, legal pot, certain medical procedures, alcohol have a huge incentive to accept bitcoin. Not only would it be much more difficult for them to get robbed (when they deal with cash) but they would not have to deal with chargebacks which can eat into their profits significantly

To answer the OP's original question, yes after learning about the benefits of Bitcoin I would certainly buy a product using bitcoin.

Harley997

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Quote from: freebitcoins4u on June 10, 2014, 02:47:12 AM

right now bitcoin is like free money, so people dont care to spend lot of it!

bitcoin is not free money. In order to obtain BTC a person much either invest to purchase a miner to mine BTC, give someone fiat to purchase BTC or sell something of value in exchange for BTC.

The OP states that the consumer would need to exchange fiat for BTC and then use BTC to purchase something at a discount.

freebitcoins4u

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right now bitcoin is like free money, so people dont care to spend lot of it!

CEG5952

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Buy and sell bitcoins,

Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

But it's not just for the first time -- if you start having some BTC on hand, you will always get these sort of discounts. IMO, in the future, some market niches (adult entertainment industry, for one) will use BTC and will give discounts for people to use it. No chargebacks...

freedomno1

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Yes if I see something I can't find in the store or somewhere else
That or if the thing in the store is inferior to the product available for order online.

Vrontis

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Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

In this scenario, when buying cheaper using btc i will go through btc.
But regular shopping is not preferred to made it through btc.Better is to hold them cause is an investment afterall.

bitbaby

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Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

If it was an item I really wanted and it was on sale through bitcoin I would definitely buy it and yes if I didn't had coins I would buy bitcoins and then use them to buy that item.

Harley997

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Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

It depends on the amount of the discount and the time it would take to set everything up.

There would be a small number of public acceptance if people could get a discount on a product and then stopped using bitcoin, or if they only used Bitcoin to get the discount.

Bitcoin should be sold based on it's security and speed.

Bitcoin can be sold to merchants based on it's low costs.

bitsmichel

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Quote

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

I bought various things with bitcoin, which would not have been possible without it. It provides me much freedom to buy things over the internet. I think cryptocurrency will make life much easier for all people, and will make people buy more things online.

Rnbin

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Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

because first of all, people who are not familiar with bitcoins, have only heard of them in a negative way most likely.
secondly, are there that many (well-known) merchandisers that offer a cheaper price when paying with btc ? (including exchange fees etc)

scryptasicminer

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Quote from: Soros Shorts on May 20, 2014, 08:38:44 PM

Quote from: RodeoX on May 12, 2014, 10:31:15 AM

I sometimes pay a premium if I can pay in bitcoin. My privacy is worth something. I rarely use anything except bitcoin for online purchases anymore. So for me the question is "Would I use a bank card if they offered a steep discount?"
Maybe, but it has to be a good deal.

+1

To maintain my privacy, I have even gone as far as creating a fake Amazon account with a mail drop address and funding my purchases with Amazon Gyft cards paid with BTC.

I do not think you can hide your ip address very well unless using tor.

Does Amazon allow tor user to purchase item?

johnyj

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Beyond Imagination

Spending 5-10% per year

Ron~Popeil

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I plan to phase out fiat as the bit coin economy grows. I am all ready converting 50% of my disposable income to bit coin and hoping to increase that amount to the point that I am paying only my mortgage and buying food with fiat.

zyhsu815

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Being trusted is the most precious wealth.

if it is cheap,i could like to pay directly by BTC,it is fast and low fee;if the price is high,i will consider use BTC escrow.

sannian

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Quote from: bitgeek on May 12, 2014, 10:41:17 AM

Quote from: bitkilo on May 12, 2014, 09:30:01 AM

Would bitcoin atm,'s help with this problem of small and instant payments in bitcoin for goods do u think?

Yes, but we need easy to use ATMs, not like those first generation Robocoin machines, that required you to scan your hand for like a minute before it allowed you to actually do anything.

when the price is steady, i think it is worth considering

freedomno1

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I would if the difference was large enough to bother with the conversion process
Example a unit on ebay costs 120 dollars but the same thing can only be bought with bitcoin and or a service I don't use payza etc at around 70 dollars then I may be obliged to going and making an account that uses Bitcoin
Although if I use a service that gives me a bit of a bonus like Ebates would need to weight if I get a bigger cash back value than if I pay with BTC.
That said if it took two weeks to verify with an exchange to get BTC or a buy it now button then I probably would not bother if I needed it right away.

Soros Shorts

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Quote from: RodeoX on May 12, 2014, 10:31:15 AM

I sometimes pay a premium if I can pay in bitcoin. My privacy is worth something. I rarely use anything except bitcoin for online purchases anymore. So for me the question is "Would I use a bank card if they offered a steep discount?"
Maybe, but it has to be a good deal.

+1

To maintain my privacy, I have even gone as far as creating a fake Amazon account with a mail drop address and funding my purchases with Amazon Gyft cards paid with BTC.

Corporate

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Would I? Yes... this is a bitcoin forum, I think everyone here would...
Would other people? Probably not. Think of it like this, would you buy African Dollars that fluctuate in price to pay for something for what seems to be a cheaper price?

scryptasicminer

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Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

Trust is the issue. And people do not change unless he has to.

BitchicksHusband

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Quote from: Razick on May 20, 2014, 06:06:28 PM

Quote from: bitkilo on May 12, 2014, 08:46:24 AM

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?

The main obstacle right now is the pain-in-the-ass factor of exchanges (identity verification and bank account transfers--ugh!). Right now the answer to your question is no. If Circle can deliver on its promise to provide instant Bitcoin purchases via credit card, I would say yes.

Coinbase can do instant purchases but you have to go through quite a bit of identity verification and add a credit card as a backup.

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